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 13 hours ago

hng33

20,474 posts

Posted by hng33 > 2015-06-18 16:32 | Report Abuse

Ckk2266

Market is too jitter...assume any stock link to iMDB is bad......alike previous Malakroff also badly affected after IPO that link it to buy power assets from 1MDB....but market need clarification....3B project is not yet to start, it will be build by JV between 70% Tenaga: 30% Sultan Johor

Ckk2266

1,210 posts

Posted by Ckk2266 > 2015-06-18 16:57 | Report Abuse

hng33
Wow...good contra gain for u...

hng33

20,474 posts

Posted by hng33 > 2015-06-18 17:00 | Report Abuse

To be safe due to use of margin line, sold most of the tenaga at 12.60, realize intraday contra profit first

hng33

20,474 posts

Posted by hng33 > 2015-06-18 17:05 | Report Abuse

Sorry, correction, should be Project 3B: 70% Tenaga: 30% Mitsui

Roger123

1,821 posts

Posted by Roger123 > 2015-06-18 17:20 | Report Abuse

Buy buy buy sell sell sell

SinGor

4,938 posts

Posted by SinGor > 2015-06-18 18:58 | Report Abuse

Actually I believe PAAB CEO Datuk Faizal Abdul Rahman said it is a long negotiation process
that may/could be concluded before Hari Raya (17 July). I think Datuk Faizal has More credential
than Azmin ( he doesn't know the process--just a politican )

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-06-18 19:14 | Report Abuse

well, I have no confidence in any of them, but believe that a populist agenda crashing with a crony-induced water contract can't sustain for long. A compromise will eventually be needed, and I shall benefit from their selfishness. Just hope they aren't crazy enough to prolong the issue further...

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-06-18 19:23 | Report Abuse

http://www.themalaymailonline.com/malaysia/article/azmin-hopeful-selangor-water-restructuring-deal-settled-within-a-week

SHAH ALAM, June 18 — Selangor Mentri Besar Azmin Ali today said he is hopeful that the state and federal governments can come to a final agreement on Selangor’s long-delayed water industry restructuring plan over the next week.

He said he has been in discussions with Energy, Green Technology and Water Minister Datuk Seri Maximus J. Ongkili, and is optimistic of making headway. “As I have state from the very beginning, the state wants to settle issue of the water industry restructuring... as soon as possible,” he said when met at the state mosque here.

“The only thing is that we want both sides to respect the master agreement. I thank the minister for his proactive attitude in solving several issues.

“Hopefully we can settle this within a week,” Azmin said. Last year, Putrajaya signed a deal with the Selangor state government under then Mentri Besar Tan Sri Khalid Ibrahim.

Under the water agreement, Selangor is meant to infuse a new special purpose vehicle with RM14.92 billion in assets to manage the water restructuring exercise with Putrajaya.

The federal government is also to provide RM2 billion to help offset the state’s cost of taking over the four concessionaires — Syarikat Bekalan Air Selangor Sdn Bhd (Syabas), Puncak Niaga Sdn Bhd, Konsortium Abbas Sdn Bhd and Syarikat Pengeluar Air Selangor Sdn Bhd (SPLASH).

In return, Selangor would provide all necessary approvals for the construction of the Langat 2 water treatment plant that it had previously resisted.

Azmin, however declared that the agreement “has collapsed” in March, claiming that the federal government had alleged failed to comply with pre-conditions set out by the state government. Both government’s have since resumed negotiations, with Maximus saying in May that it is up to Selangor to settle the issue of transferring water assets and a complete takeover of the state’s water concessions.

SinGor

4,938 posts

Posted by SinGor > 2015-06-18 19:33 | Report Abuse

We have wasted 5 months to let politicans claim their bragging rights.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2015-06-18 20:06 | Report Abuse

Azmin sdh cakap, let wait after hari raya baru berbincang

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-06-18 20:26 | Report Abuse

what's puzzling is that price has not rallied to the news thus far...

samsoongyc

732 posts

Posted by samsoongyc > 2015-06-18 20:56 | Report Abuse

Cried wolf not once but too often no trust anymore....

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-06-18 21:14 | Report Abuse

hahaha... probably you are right, but thought should still have some small impact, sigh! Nothing to do but wait, dare not trade like hng33, what to do?

posby

976 posts

Posted by posby > 2015-06-18 21:19 | Report Abuse

Buy on rumours sell on news... grab grab grab... 6more trading days..

hng33

20,474 posts

Posted by hng33 > 2015-06-18 23:14 | Report Abuse

Isu air: Noh Omar boleh bekal baldi saja, kata MB

Diterbitkan pada18 June 2015 19:47154 tontonan
Mengulas perhimpunan beberapa NGO yang membaling baldi di luar pagar bangunan Setiausaha Kerajaan Negeri (SUK) di Shah Alam semalam, sebagai memprotes masalah air di Selangor, Menteri Besar, Azmin Ali, berkata perhimpunan itu didalangi oleh Umno. Katanya, Pengerusi BN Selangor Datuk Seri Noh Omar hanya mampu membekalkan baldi sedangkan perjanjian air kerajaan negeri dengan Putrajaya akan dimuktamadkan minggu ini.

hng33

20,474 posts

Posted by hng33 > 2015-06-18 23:21 | Report Abuse

Isu air sampai penghujung, dalam seminggu dimuktamad

SHAH ALAM, 18 JUN: Selangor komited menyelesaikan perjanjian penstrukturan industri air dan menolak dakwaan ia gagal dimeterai berikutan kesungguhan Kerajaan Negeri dan Persekutuan bagi mencapai persefahaman.

Dato' Menteri Besar, Mohamed Azmin Ali, berkata kenyataan juga sudah dibuat berhubung perkara itu dan berharap ia dapat dimuktamadkan seperti yang diinginkan kedua-dua pihak.

Katanya, Kerajaan Negeri turut merakamkan penghargaan berikutan tindakan Kerajaan Persekutuan yang proaktif bagi menyelesaikan isu terbabit.

"Kita sudah sampai ke penghujung. Harap dalam tempoh seminggu ini kita boleh muktamadkan," katanya di sini, hari ini.

Pada masa sama, beliau turut mengulas insiden demontrasi didalangi Umno di hadapan Bangunan SUK, semalam.

Katanya, segala berlaku itu adalah dirancang pihak terbabit yang diketuai Pengerusi Umno Negeri, Datuk Seri Noh Omar.

"Saya nak selesaikan masalah rakyat, bukan nak jual baldi. Itu kerja Noh Omar. Dia boleh bekal baldi," katanya.

Roger123

1,821 posts

Posted by Roger123 > 2015-06-19 00:27 | Report Abuse

Someone told me that.... The deal... But why there is no reaction on price? The reason is....

Roger123

1,821 posts

Posted by Roger123 > 2015-06-19 00:29 | Report Abuse

Winner or loser... Just in next week....

ckk2266

1,210 posts

Posted by ckk2266 > 2015-06-19 07:32 | Report Abuse

Optimistic

Roger123

1,821 posts

Posted by Roger123 > 2015-06-19 09:13 | Report Abuse

When everyone thinks it will fly, it will fall. But when everyone thinks it will fall, it will fly

lhkoay

11 posts

Posted by lhkoay > 2015-06-19 09:33 | Report Abuse

rojer123 just wait the deal is done last friday , maybe waiting for paper work to be done

hng33

20,474 posts

Posted by hng33 > 2015-06-19 09:36 | Report Abuse

Puncak now trading sideway....but downside risk is very very small, on the other hand, Puncak upside potential is very BIG BIG once the deal is seal

ckk2266

1,210 posts

Posted by ckk2266 > 2015-06-19 09:39 | Report Abuse

Collection mode is on

annchua

280 posts

Posted by annchua > 2015-06-19 09:54 | Report Abuse

do you guys plan to hold the share until ex-date? or plan to dispose when it is near ex-date?

Posted by winnicenice > 2015-06-19 10:04 | Report Abuse

Those who buy Puncak now , next week could be smiling.....

iamnat

103 posts

Posted by iamnat > 2015-06-19 10:11 | Report Abuse

the deal looks likely now. Yesterday Azmin thanked Ongkili for being 'pro-active' in solving the issues. This leaves him with little room to blame Ongkili if it fails now. So looks like he's quite confident that it will be finalized this time.

hng33

20,474 posts

Posted by hng33 > 2015-06-19 10:17 | Report Abuse

Slowly and steady moving up toward the completion deal is confrim, then only unleash super power

ckk2266

1,210 posts

Posted by ckk2266 > 2015-06-19 11:01 | Report Abuse

Road block ahead... :(

smartly

6,442 posts

Posted by smartly > 2015-06-19 11:11 | Report Abuse

sell now can buy back later

smartly

6,442 posts

Posted by smartly > 2015-06-19 11:11 | Report Abuse

ding dong play..

cheoky

2,823 posts

Posted by cheoky > 2015-06-19 11:34 | Report Abuse

Current Puncak shareholder hopefully will be laughing all the way to bank starting from next week. No more wolf cry, hopefully ini kali la.

Posted by winnicenice > 2015-06-19 11:41 | Report Abuse

for better milelage.....can consider Puncak CG.........

cheoky

2,823 posts

Posted by cheoky > 2015-06-19 12:05 | Report Abuse

will CG strike price readjust downward post special dividend? If not very risking right?

SinGor

4,938 posts

Posted by SinGor > 2015-06-19 12:19 | Report Abuse

Airasia is the current punters market (will last atleast 3 weeks from now) All the big fishes are
there. Without big fishes around, EPF selling will put a damper on price after 3.20 ( Last run
stops at 3.0++ ) Puncak's bullrun really depends on market sentiment and EPF's plan

Posted by winnicenice > 2015-06-19 12:36 | Report Abuse

cheoky...CG is for trading..and every shares you buy do carry a risk.....But looking at current scenario and the low volumes you will know your risk are less....Happy Trading guys...

Roger123

1,821 posts

Posted by Roger123 > 2015-06-19 14:07 | Report Abuse

Buy buy buy Sell sell sell

Roger123

1,821 posts

Posted by Roger123 > 2015-06-19 14:08 | Report Abuse

Wolf is coming, might be a fake wolf... Hahaha

Roger123

1,821 posts

Posted by Roger123 > 2015-06-19 14:39 | Report Abuse

dumping now

speakup

27,074 posts

Posted by speakup > 2015-06-19 14:45 | Report Abuse

BEHEADING now!

ckk2266

1,210 posts

Posted by ckk2266 > 2015-06-19 14:50 | Report Abuse

Exciting !!!

Roger123

1,821 posts

Posted by Roger123 > 2015-06-19 14:58 | Report Abuse

Hahaha

Dylan1027

1,113 posts

Posted by Dylan1027 > 2015-06-19 14:59 | Report Abuse

roller coaster ride... let's see what's the news later

Roger123

1,821 posts

Posted by Roger123 > 2015-06-19 14:59 | Report Abuse

I cleared all the 2.60

Roger123

1,821 posts

Posted by Roger123 > 2015-06-19 14:59 | Report Abuse

will clear again. plz q

ckk2266

1,210 posts

Posted by ckk2266 > 2015-06-19 15:02 | Report Abuse

Bull fighting with wolf

Roger123

1,821 posts

Posted by Roger123 > 2015-06-19 15:19 | Report Abuse

No one q again?

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-06-19 15:19 | Report Abuse

Interesting

Roger123

1,821 posts

Posted by Roger123 > 2015-06-19 15:20 | Report Abuse

Hahahaha. Nice?

Roger123

1,821 posts

Posted by Roger123 > 2015-06-19 15:21 | Report Abuse

wooo. clear 2.61

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