PUNCAK NIAGA HOLDINGS BHD

KLSE (MYR): PUNCAK (6807)

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Last Price

0.26

Today's Change

+0.03 (13.04%)

Day's Change

0.25 - 0.26

Trading Volume

230,700


24 people like this.

24,497 comment(s). Last comment by NRahmat 1 day ago

Posted by charlieinvestor > 2015-01-07 00:08 | Report Abuse

in my humble opinion, it will open at 3.03 and close at around 3.25, would drop to around 2.97 before noon. Then all the way up to 3.25. Don't miss out the chance to grab at 2.97.

Posted by soyabeannice > 2015-01-07 00:16 | Report Abuse

Bad market tmr again. But well, puncak is good. Top gainer tomorrow

sudahkena

1,804 posts

Posted by sudahkena > 2015-01-07 07:37 | Report Abuse

Oil down 47 last night....

annchua

280 posts

Posted by annchua > 2015-01-07 09:15 | Report Abuse

the show start...even hiong after EGM...

Superb99

6,604 posts

Posted by Superb99 > 2015-01-07 09:26 | Report Abuse

market is soft...puncak has not gained the momentum yet

Wiwangwang

238 posts

Posted by Wiwangwang > 2015-01-07 10:07 | Report Abuse

Look like someone try to block the deal .. If not puncak share price will go up to rm4 dy ..

Posted by criticalanalyst > 2015-01-07 10:22 | Report Abuse

Price weak is due to market sentiment from crude oil, causing investors to panic sell everything. Directors TAN SRI ROZALI BIN ISMAIL and TAN SRI DATO' SERI DR TING CHEW PEH converting warrants to ordinary shares is a good sign that good news is coming. They wouldn't do so if not because of the upcoming news of huge dividends.

Posted by Equityengineer > 2015-01-07 10:31 | Report Abuse

the uptrend will comment in the evening I guess ... Yes all investors keeping cash or stuck in some stocks due to ever going down oil price. Hopefully can see positive movement in the evening ..

titus

4,170 posts

Posted by titus > 2015-01-07 10:31 | Report Abuse

anyone here attending the egm? Hope you can provide some update during the egm or as soon as it is over. Thanks.

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-01-07 10:32 | Report Abuse

any news?

ronnie2u

667 posts

Posted by ronnie2u > 2015-01-07 10:47 | Report Abuse

The Directors TAN SRI ROZALI BIN ISMAIL and TAN SRI DATO' SERI DR TING CHEW PEH converted very little Warrants only :)

Posted by Jian Bin Siew > 2015-01-07 10:48 | Report Abuse

Buy in rumour, sell in news. Seem like it quite true in Puncak case. Hope it can up after this.

sudahkena

1,804 posts

Posted by sudahkena > 2015-01-07 11:30 | Report Abuse

All pass....

Superb99

6,604 posts

Posted by Superb99 > 2015-01-07 11:31 | Report Abuse

pray hard...I think hng33 is attending the egm...haha

Superb99

6,604 posts

Posted by Superb99 > 2015-01-07 11:44 | Report Abuse

puncak is going down....thought will up a bit before the EGM

pathew

2,028 posts

Posted by pathew > 2015-01-07 11:49 | Report Abuse

all pass but the stock turn red?

fzank

1,537 posts

Posted by fzank > 2015-01-07 11:54 | Report Abuse

lol "Blame It On Rio"

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-01-07 11:55 | Report Abuse

egm ended already?

fzank

1,537 posts

Posted by fzank > 2015-01-07 12:05 | Report Abuse

"What A Feeling" ... "Feels Believing"

fzank

1,537 posts

Posted by fzank > 2015-01-07 12:06 | Report Abuse

now at the foyer ready to play some golf

Superb99

6,604 posts

Posted by Superb99 > 2015-01-07 12:08 | Report Abuse

sudahkena did attend egm?

Superb99

6,604 posts

Posted by Superb99 > 2015-01-07 12:09 | Report Abuse

if really all passed, I also don't know what happen...

fzank

1,537 posts

Posted by fzank > 2015-01-07 12:17 | Report Abuse

lol now just waiting for 'florence fun managers' to join the party hehehe

sudahkena

1,804 posts

Posted by sudahkena > 2015-01-07 12:20 | Report Abuse

Yup.. sudah makan2....

sudahkena

1,804 posts

Posted by sudahkena > 2015-01-07 12:20 | Report Abuse

All passed... expected div payable... april

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-01-07 12:30 | Report Abuse

sudahkena, how many sukuk will be converted? how much dividend? any indication on cash after dividend based on most recent financial quarter instead of FY2013? thanks

mshahrj

37 posts

Posted by mshahrj > 2015-01-07 12:34 | Report Abuse

are we entitled for the dividend if share purchased today?

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-01-07 12:42 | Report Abuse

mshahrj,

yes, shares purchased until the day before ex-dividend date are entitled for dividend. The ex-dividend date has yet to be announced

sudahkena

1,804 posts

Posted by sudahkena > 2015-01-07 12:45 | Report Abuse

Kahhoeng .. someone ask ur question...
Razoli said.... sukuk... need to ask them... div n cash after div.... still on culculation.. need to wait until completed.

And for pn17... puncak will not go to pn17.....it like org kaya jd bankrupt. ...rozali ketawa besar....

sudahkena

1,804 posts

Posted by sudahkena > 2015-01-07 12:48 | Report Abuse

The new biz acquisition also not finalised yet... either go for oil n gas.... sawit or other industry. .. still need careful study..

titus

4,170 posts

Posted by titus > 2015-01-07 13:05 | Report Abuse

good news indeed. Hope they will invest wisely on the balance windfall. If puncak venture into right business then it can be kept as long term. I mean i intend to do that.

Dylan1027

1,113 posts

Posted by Dylan1027 > 2015-01-07 14:39 | Report Abuse

tsunami coming..!

annchua

280 posts

Posted by annchua > 2015-01-07 14:43 | Report Abuse

EGM reject the proposal?

Posted by Siew Jian Bin > 2015-01-07 14:47 | Report Abuse

cannot be...

ronnie2u

667 posts

Posted by ronnie2u > 2015-01-07 14:51 | Report Abuse

Why would it drop further ?? Somebody is pushing it down to collect at lower price ?

sudahkena

1,804 posts

Posted by sudahkena > 2015-01-07 14:54 | Report Abuse

Oil at 47.20... low...... but rozali said they in service not exploring. ...

Posted by Siew Jian Bin > 2015-01-07 14:54 | Report Abuse

TQ! Buy in rumour and sell in news. This is happening now. I believe the price will up when the date of the dividend comes nearer.

annchua

280 posts

Posted by annchua > 2015-01-07 15:05 | Report Abuse

a lot of sellers....

Superb99

6,604 posts

Posted by Superb99 > 2015-01-07 15:09 | Report Abuse

why the price dropping, they don't agree with the rm1 dividend???

Superb99

6,604 posts

Posted by Superb99 > 2015-01-07 15:10 | Report Abuse

hng33, any idea??

Posted by MuhammadAmin > 2015-01-07 15:29 | Report Abuse

Buy on deep, Sell in the sky

hng33

20,474 posts

Posted by hng33 > 2015-01-07 15:30 | Report Abuse

Just hold on, stay invested as Rozali in the EGM already give date of completion 16 Jan, just about a week time to seal the deal. Then, based on allocation for payout RM 534m, can expect MINIMUM special dividend RM 1.00/fully diluted share or up to MAXIMUM special dividend RM 1.29/exiting share,

Posted by MuhammadAmin > 2015-01-07 15:40 | Report Abuse

4000million trade receivable sue selangor goverment still on going. let say collect half back, then it's more than market capital

sudahkena

1,804 posts

Posted by sudahkena > 2015-01-07 15:46 | Report Abuse

After completion. . Rozali no need go to court already...

Lao Xu

15 posts

Posted by Lao Xu > 2015-01-07 15:48 | Report Abuse

Amid the current bearish oil market, any decision to venture into OnG sector would be a negative news. Moreover, while looking to buy a plantation land in Malaysia shall be the most unwanted investment in our stock market. Investors are wary of the higher land cost in the transaction. While RM1 is attractive, it contra off by the future development plan and the flow of the remaining cash after the sale proceed.

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-01-07 16:22 | Report Abuse

truth is, kind of disappointed, was expecting at least 3.10-3.20 today, sigh! we just can't fight the big guy

pathew

2,028 posts

Posted by pathew > 2015-01-07 16:29 | Report Abuse

why drop? suppose to go up geh

Tornado

1,938 posts

Posted by Tornado > 2015-01-07 16:32 | Report Abuse

@hng: Is it time to divert some fund to KPS now and wait for the nego outcome..

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