Posted by SinGor > 2015-07-06 20:31 | Report Abuse

Tomolo everybody selling Jaks including me

Posted by SinGor > 2015-07-06 20:40 | Report Abuse

Jaks is a python. I don't think Jaks can swallow 2.2bil powerplant even with Chinese investor.
Moving too fast --sure get into trouble.

Posted by ImCK > 2015-07-06 20:41 | Report Abuse

sapu today also looking for tommorow any lower entry price kiki

Posted by Roger123 > 2015-07-06 21:10 | Report Abuse

It will swallow. I am very sure

Posted by cheoky > 2015-07-07 08:46 | Report Abuse

Read sin Chew. Azmin said ongkili backtrack on June 3 gentleman agreement promising won't take land ownership for pipe area... APA ni.

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

"Ong vested interest All Gone" but returned again.

Posted by hng33 > 2015-07-07 09:16 | Report Abuse

After success in OSK special dividend +bonus warrant, now its time for Puncak special dividend

Posted by Roger123 > 2015-07-07 09:16 | Report Abuse

ckk: Hahaha, u have learnt something

Posted by Roger123 > 2015-07-07 09:17 | Report Abuse

Watch kps, Hahaha

Posted by ckk2266 > 2015-07-07 09:17 | Report Abuse

Real coming?

Posted by SinGor > 2015-07-07 09:17 | Report Abuse

Read what Najib said in printed paper last 2 days (political differences) My foot- just land Grab

Posted by kahhoeng > 2015-07-07 09:18 | Report Abuse

after so many wolves are coming, is this time for real? Any insider news to share?

Posted by Roger123 > 2015-07-07 09:18 | Report Abuse

Testing 123

Posted by Roger123 > 2015-07-07 09:19 | Report Abuse

kahhoeng: already told u

Posted by Dylan1027 > 2015-07-07 09:20 | Report Abuse

too late to buy KPS? and deal on soon?

Posted by Roger123 > 2015-07-07 09:20 | Report Abuse

jaks go to kps, puncak and puncak-wa.... the effect

Posted by Roger123 > 2015-07-07 09:21 | Report Abuse

patient, will fall again

Posted by Roger123 > 2015-07-07 09:23 | Report Abuse

250k, can affect puncak up 5 cents? Hahaha

Posted by ckk2266 > 2015-07-07 09:26 | Report Abuse

Insiders buying?

Posted by Roger123 > 2015-07-07 09:26 | Report Abuse

nooo.... Singor is buying

Posted by Roger123 > 2015-07-07 09:27 | Report Abuse

Singor just sold his jaks and bought it

Posted by Roger123 > 2015-07-07 09:27 | Report Abuse

he finished consuming his jaks money no money to buy anymore

Posted by SinGor > 2015-07-07 09:29 | Report Abuse

Wow. Roger bought 250K yesterday--Shame on you--said push Puncak sky high

Posted by kahhoeng > 2015-07-07 09:31 | Report Abuse

roger, fainted, never understand your comments and insiders' info, sometimes here sometimes there...

Posted by Roger123 > 2015-07-07 09:46 | Report Abuse

tai chi

Posted by ckk2266 > 2015-07-07 09:59 | Report Abuse

http://klse.i3investor.com/blogs/hleresearch/79552.jsp

Posted by cheated > 2015-07-07 09:59 | Report Abuse

Since EPF never buy despite TP RM 3.80 by hng33 and kahhoeng here, if EPF further sell as we buy how can we know?

Posted by hng33 > 2015-07-07 10:11 | Report Abuse

Light at the end of the tunnel? Both Federal and Selangor governments had affirmed their commitment to settle negotiations after Hari Raya, following a meeting between Selangor Menteri Besar Mohamed Azmin Ali and Energy, Green Technology and Water Minister Datuk Seri Dr Maximus Ongkili in mid- June. Adding further pressure is the low water reserve margin in the state and delays in the construction of the Langat 2 water treatment plant. Also, Puncak has said that it may rescind the deal if the condition precedents are not met after Ramadhan. It has granted a sixth extension until 13 July to finalize the deal.

Attractive implied dividend yield of 37.5%. Assuming the deal will finally go through and the RM1/share special dividend or RM535m will be distributed, current share prices offers a very attractive yield of 37%. Currently, it is trading at 48% discount to latest BVPS of RM5.14 and 22% below fully diluted netcash per share of RM3.41 or RM1.83bn {RM221m end Mar 15 + RM1.56bn sales proceeds + RM45m proceeds from warrants and sukuk} based on enlarged shares of 535m.

Ripe for a triangle breakout. To recap, PUNCAK’s share price nosedived 38% from a high of RM3.74 (12 Nov) to a low of RM2.29 (15 Dec) before consolidating sideways to end at RM2.67 yesterday. The stock appears to be consolidating in a triangle pattern and poised for a breakout soon. A decisive breakout above RM2.73 (downtrend line) will spur prices to retest RM2.85 and (38.2% FR and 200-d SMA) zones. Pushing past RM2.85 would give us the confirmation to achieve our long term objective of RM3.01 (50% FR). Critical supports are located at RM2.58 (S1) and RM2.48 (S2). Cut loss at RM2.45.

Source: Hong Leong Investment Bank Research - 7 Jul 2015

Posted by SinGor > 2015-07-07 10:13 | Report Abuse

Sold jaks but keep all cash. Roger hoping i would buy--fat chance. Now roger is trap in jaks too

Posted by sng2015 > 2015-07-07 10:13 | Report Abuse

http://youtu.be/ttpZQzHWPFU

Posted by hng33 > 2015-07-07 10:20 | Report Abuse

What Hong Leong Investment Bank Research is very close to my calculation on Puncak NET cash after water assets disposal

'Currently, it is trading at 48% discount to latest BVPS of RM5.14 and 22% below fully diluted netcash per share of RM3.41 or RM1.83bn {RM221m end Mar 15 + RM1.56bn sales proceeds + RM45m proceeds from warrants and sukuk} based on enlarged shares of 535m'

Except it fail to take into account the sukuk loan debt, if converted into share, the debt will reduce in tandem, give rise to higher NET cash on fully diluted share volume. There, the net cash should be RM 3.68/fully diluted share instead of what Hong Leong value at RM 3.41/fully diluted share

Posted by cheated > 2015-07-07 10:24 | Report Abuse

hng3 if good why Rozali, EPF and Tabung Haji dare not buy?

Posted by sudahkena > 2015-07-07 10:25 | Report Abuse

Roger.. push to rm3..... baru anak jantan...

Posted by Mikkel Low > 2015-07-07 10:25 | Report Abuse

Confirmed after Hari Raya?

Posted by cheated > 2015-07-07 10:29 | Report Abuse

Rozali Puncak major shareholder no money? EPF no money? Tabung Haji no money to buy if TP RM 3.41?

Posted by hng33 > 2015-07-07 10:33 | Report Abuse

cheated

Same question, If not good, why HL research and kenanga have higher TP vs if good why RHB-OSK have lower TP....Why Puncak trade at RM 3.70 last year, but trade lowe these year, Puncak yesterday down, but today up !!??

To answer you, the main root cause is Water Restructuring have yet to complete and have 6 time delay already causing Uncertainty toward completion of the deal and special dividend payout is conditional upon the completion of these deal.

If the deadlock can be resolve these time, then Puncak is due to reflect its true value.

Posted by ckk2266 > 2015-07-07 10:35 | Report Abuse

hng33
Give u a like

Posted by cheated > 2015-07-07 10:36 | Report Abuse

How sure water restructuring cannot be further delayed as it has been past 6 months?

Posted by SinGor > 2015-07-07 10:37 | Report Abuse

Only Roger got money.

Posted by hng33 > 2015-07-07 10:50 | Report Abuse

cheated

Nobody can be 100% whether water restructuring can be seal or need further delay. All depend on Azmin (state), DPM, Ongkili, Attorney Fed) to work together to resolve final outstanding issue and update provisional clause in the supplementary agreement to be sign in order to fulfill last condition precedent in the Puncak SPA. We all here is closely monitor news from various RELIABLE source (bernama, theedegedaily, malaysiainsider, selangorku, sinar etc), to update about the progress of the deal.

But if you like to get entertain by clown Roger123 and his gang on his 100% contradicting 'insider news', then, you better prepare to pay the price of it. However, the clown shows is relatively cheap, worth to pay 1sen-10sen, depend on their daily clown show performance and if you like to pay, remember to ask these clown to give you their 'e-mail address' so that you can channel your clown ticket price to them, so long you treat it for charity contribution :D)

Posted by ckk2266 > 2015-07-07 10:54 | Report Abuse

Haha...good

Posted by Nelson Yoong > 2015-07-07 10:55 | Report Abuse

hng33 give u a LIKE

Posted by smartly > 2015-07-07 11:10 | Report Abuse

lai liao. up up and away.

Posted by fzank > 2015-07-07 11:27 | Report Abuse

jacks & salkon went up the hill to sell a pail of water ;
then jacks came down and after that ... sal comes tumbling after ... lol

Posted by sudahkena > 2015-07-07 13:02 | Report Abuse

http://mmy.malaysiakini.com/news/304300

Posted by jacklintan > 2015-07-07 13:29 | Report Abuse

so, Hng33: what are u trying to say here? Puncak price still maintain its value?

Posted by cheoky > 2015-07-07 13:33 | Report Abuse

a small amount of warrant conversion into mother share oh on Puncak....

Posted by cheoky > 2015-07-07 13:34 | Report Abuse

Seems like got people ready to hop musang king

Posted by sudahkena > 2015-07-07 14:17 | Report Abuse

http://mmy.malaysiakini.com/news/304316

Posted by cheoky > 2015-07-07 14:59 | Report Abuse

a bit worried. If Muhyiddin revoke, water deal more likely signed off quickly..Najid is media shy now..