PUNCAK NIAGA HOLDINGS BHD

KLSE (MYR): PUNCAK (6807)

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Last Price

0.25

Today's Change

+0.02 (8.70%)

Day's Change

0.25 - 0.26

Trading Volume

191,800


24 people like this.

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

SinGor

4,931 posts

Posted by SinGor > 2015-07-07 15:17 | Report Abuse

cheoky. If Muhyiddin took over he needs atleast 2-3 months Not to go over the deal but
to align his "mai cai" in Langat2 unless AijGor like Mahathir pre-arranged everythings.

SinGor

4,931 posts

Posted by SinGor > 2015-07-07 15:23 | Report Abuse

I think the "Sin Chew" effect is slowwly affecting price. Can you recollect where Sin Chew
collected the info. (want to double confirm)

cheoky

2,823 posts

Posted by cheoky > 2015-07-07 15:43 | Report Abuse

SIN CHEW main paper page 11.

ckk2266

1,210 posts

Posted by ckk2266 > 2015-07-07 15:51 | Report Abuse

KUALA LUMPUR – Kedudukan bekalan air di Lembah Klang pada masa kini berada pada tahap membimbangkan berikutan rizab margin bekalan air berada pada paras hanya kira-kira dua peratus.

Timbalan Menteri Tenaga, Teknologi Hijau dan Air Datuk Seri Mahdzir Khalid berkata kedudukan itu rendah berbanding rizab margin bekalan air selesa yang disarankan Suruhanjaya Perkhidmatan Air Negara (SPAN) iaitu pada 10 hingga 15 peratus.

“Keadaan ini menyebabkan 593 projek pembangunan di Selangor, Kuala Lumpur dan Putrajaya tidak dapat diluluskan SPAN ekoran bekalan air yang tidak mencukupi.

“Kesannya, projek-projek ini terpaksa ditangguhkan dan menjejaskan pembangunan yang telah dirancang,” katanya menjawab soalan Senator Tan Sri Abdul Rahim Abdul Rahman pada persidangan Dewan Negara di sini hari ini.

Abdul Rahim mahu kementerian menyatakan setakat mana masalah bekalan air di Lembah Klang menjejaskan pembangunan ibu negara.

Sebagai langkah jangka panjang bagi memastikan masalah bekalan air di Kuala Lumpur tidak berterusan, Mahdzir berkata kerajaan melaksanakan Skim Bekalan Air dari Pahang ke Selangor yang merangkumi dua komponen iaitu Projek Penyaluran Air Mentah dari Pahang ke Selangor dan Projek Pembinaan Loji Rawatan Air Langat 2 dan Sistem Agihan (LRAL2).

“Pembinaan LRAL2 juga masih di tahap 20.65 peratus berbanding jadual iaitu 24.91 peratus, katanya.

Sehingga semalam, Mahdzir berkata pegawai kementerian telah mengadakan mesyuarat dengan pegawai kerajaan negeri Selangor bagi mencari penyelesaian kepada beberapa perkara termasuk yang melibatkan penstrukturan semula air.

Beliau juga menarik perhatian bahawa Sungai Selangor, Sungai Tinggi, Klang Gate, Tasik Subang, Sungai Langat dan Sungai Semenyih tidak dapat menampung keperluan kira-kira dua juta pengguna domestik dan industri di Selangor, Kuala Lumpur dan Putrajaya.

Mahdzir turut menggesa masyarakat untuk meningkatkan pengetahuan dan kesedaran terhadap penjagaan sungai yang merupakan sumber asas bekalan air.

cheoky

2,823 posts

Posted by cheoky > 2015-07-07 15:54 | Report Abuse

Doesn't it contradictory to previous report? Reporter mistake or what. Thought land issue was settled and agreed long ago. Any mole updates from your side ar?

blished: Tuesday June 30, 2015 MYT 9:20:00 PM
Updated: Tuesday June 30, 2015 MYT 9:26:34 PM
No water rationing in Selangor, assures Azmin

by wani muthiah

Share this article on Facebook or Twitter
to win cash or gadget!

SHAH ALAM: There will not be any water rationing in Selangor, says Azmin Ali (pic).

In assuring this, the Mentri Besar said various measures were being taken to ensure consumers had sufficient supply.

Among the measures taken was building water tanks in high-risk areas, he said.

"Syabas (Syarikat Bekalan Air Selangor) has been instructed to build water tanks in areas prone to water disruption," Azmin told reporters when met at the state secretariat Tuesday.

He said other measures included the Water Mitigation Project 2, where treated water from northern areas of Selangor would be channelled to the south.

"Treated water in the north of Selangor exceeds demand," he said, adding the situation was reversed in the south.

He said the project, a Federal Government initiative, was expected to be ready by September.

Azmin explained that Selangor had an ample supply of raw water in its dams, but faced a shortage of treated water as all water treatment plants were already working at maximum capacity.

On the state's water restructuring deal with the Government, Azmin said he had met Energy, Green Technology and Water Minister Dr Maximus Ongkili last week to iron out three issues both parties could not agree on.

"The matter has been resolved but there is still one issue that needs to be agreed to by both parties," said Azmin.

He said the deal would be sealed between both parties within the month.

Azmin also added he met Prime Minister Datuk Seri Najib Tun Razak after the National Finance Council meeting recently to get his and the Government's opinion on measures taken to settle the water restructuring deal.

ckk2266

1,210 posts

sudahkena

1,804 posts

Posted by sudahkena > 2015-07-07 16:08 | Report Abuse

So delay again?

sng2015

30 posts

Posted by sng2015 > 2015-07-07 16:12 | Report Abuse

panic selling soon

hng33

20,463 posts

Posted by hng33 > 2015-07-07 16:17 | Report Abuse

Sold Puncak at 2.68-2.70, realize first gross gain about 7sen/share, swap to buy OSK at 2.20

SinGor

4,931 posts

Posted by SinGor > 2015-07-07 16:18 | Report Abuse

Oh Shit

SinGor

4,931 posts

Posted by SinGor > 2015-07-07 16:18 | Report Abuse

So Sin Chew is correct

SinGor

4,931 posts

Posted by SinGor > 2015-07-07 16:19 | Report Abuse

This Roger still Buy. I think he is selling

ckk2266

1,210 posts

Posted by ckk2266 > 2015-07-07 16:23 | Report Abuse

hng33
Give up?

SinGor

4,931 posts

Posted by SinGor > 2015-07-07 16:26 | Report Abuse

OskH dividend payout 15cents confirmed on 16 July Ex + warrant

hng33

20,463 posts

Posted by hng33 > 2015-07-07 16:26 | Report Abuse

Ckk2266

My decision is coincide with still remain uncertainty over water restructuring issue (sell Puncak) and better opportunity in OSK (buy at 2.20)

hng33

20,463 posts

Posted by hng33 > 2015-07-07 16:31 | Report Abuse

Three of six frozen accounts belong to PM, says source
4:11PM Jul 7 | 4

EXCLUSIVE Highly-placed source reveals Najib's accounts among those frozen to facilitate probe

Posted by Stringann Tan > 2015-07-07 16:33 | Report Abuse

oh no bad news

SinGor

4,931 posts

Posted by SinGor > 2015-07-07 16:36 | Report Abuse

I think "cheated" is better than all of us. He just use Rozali, Epf and LTH and predict outcome

sng2015

30 posts

Posted by sng2015 > 2015-07-07 16:40 | Report Abuse

panic seling soon

ckk2266

1,210 posts

Posted by ckk2266 > 2015-07-07 16:41 | Report Abuse

Selling start pouring in

sng2015

30 posts

Posted by sng2015 > 2015-07-07 16:43 | Report Abuse

no point to buy at this moment

SinGor

4,931 posts

Posted by SinGor > 2015-07-07 16:44 | Report Abuse

only tomolo some selling--not today---Ppl are used to delay already

cheoky

2,823 posts

Posted by cheoky > 2015-07-07 16:48 | Report Abuse

Politician unreliable.. cut my margin account....sien

cheoky

2,823 posts

Posted by cheoky > 2015-07-07 16:49 | Report Abuse

cash account still holding and see la... warrant illiquid

cheoky

2,823 posts

Posted by cheoky > 2015-07-07 16:57 | Report Abuse

maybe cheated is having the last laugh.... Light still there at the end of tunnel? Azmin bow down to Fed additional request... deal on....Roger stuck a lot?

SinGor

4,931 posts

Posted by SinGor > 2015-07-07 17:02 | Report Abuse

Roger selling tomolo. Stucked 250K Puncak. Already selling KPS

hng33

20,463 posts

Posted by hng33 > 2015-07-07 17:05 | Report Abuse

So long can realize profit, despite just 10% or gross profit just 7sen/share of my target profit 70sen/share, should be ok also lar. Will wait for opptunity to re-enter again

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-07-07 17:05 | Report Abuse

attracted to OSK too, but all money tied up with Puncak. Dare not sell, going to feel extremely bad if I were to sell and only to realize deal sealed the next day, sigh!

cheoky

2,823 posts

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

However, i think both fed and state is sitting on the same boat. Both cant fail the water restructuring issue. Both got interests to make it through. Otherwise, both suffers some lose somehow....Issue remain is Bila....Having holding power to play this dirty dance with politician is small fish only advantage.....curse those politicians, false dawns many times.

hng33

20,463 posts

Posted by hng33 > 2015-07-07 17:13 | Report Abuse

cheoky

Exactly, the water restructuring issue should be resolve ultimately, but the problem is when!!?? one issue after another !!?? yet Puncak deadline is closing again....heart beat increasing.....thus opt to realize 7sen/share gross profit first, wait for clearer picture next

cheoky

2,823 posts

Posted by cheoky > 2015-07-07 17:21 | Report Abuse

Rozali issued ultimatum oh for this extension... dont know how ugly will is turn out. Unless Azmin bow down to Fed additional request or Muhyiddin play hero push Najid down and give Azmin and Selangor something cheer about. Otherwise, it is long journey down the road.....Or Fed relent withdraw this add request.

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-07-07 17:25 | Report Abuse

hng33, seems like the restructuring has only one last hurdle, i.e., the land. And its an old issue that can't be addressed unless either side, state or federal, decides to give in. Guess this is also why I dare not sell after holding for so long, anything is possible in this BOLEH land

hng33

20,463 posts

Posted by hng33 > 2015-07-07 17:25 | Report Abuse

cheoky

If the deal is confrim seal, just jump back again with margin account, (buy high sell higher), if delay, wait for opptunity to re-enter, (sell high, buyback lower) if Puncak refuse to grant extension, then bye bye.

hng33

20,463 posts

Posted by hng33 > 2015-07-07 17:29 | Report Abuse

kahhoeng

Exactly, the land issue.....the major roadblock,.....Azmin and Ongkili manage to resolve it earlier in which fed give up to force state transfer the land, but latest news is that Fed DO NOT honor its earlier promise, update the clause.....still insist state to transfer the land......

cheoky

2,823 posts

Posted by cheoky > 2015-07-07 17:30 | Report Abuse

Agreed with kahhoeng too. Cant totally withdraw from Puncak. Bolehland in Msia. It is in both parties better interests to get it done. How they seek a compromise? I am clueless now. Thank for hng33 advice. Bye bye isnt what I want to see......

ImCK

3,300 posts

Posted by ImCK > 2015-07-07 17:31 | Report Abuse

its just same like presbhd myeg last time play
if u believe it must be solve so just hold

hng33

20,463 posts

Posted by hng33 > 2015-07-07 17:35 | Report Abuse

Selangor water deal may be delayed further: Azmin

KUALA LUMPUR: The Selangor water restructuring effort has hit another snag.

Selangor Menteri Besar Mohamed Azmin Ali said the water deal which was supposed to be finalised soon might be delayed further.

"This is because, we (state government) had received a notice from the Attorney-General's Chambers today saying that water assets listed by the state government (in the agreement) must include land beneath and over the pipes.

<p>"It was previously agreed that the assets owned by the water concessionaires listed under the deal would not include lands in the state," he said when met at the Parliament earlier.

<p>He added that he had sought help from both Prime Minister Datuk Seri Najib Razak and Deputy Prime Minister Tan Sri Muhyiddin Yassin on the water restructuring exercise for the state.

<It was previously reported that Azmin has voiced its dissatisfaction over the

<p>Energy, Green Technology and Water Minister Datuk Seri Dr Maximus Ongkili had said ministry was finalising the supplementary agreement, which included the revised list of assets owned by Selangor after numerous delays.

<p>Azmin was previously quoted as saying that the state government could not finalise the deal with the federal government as it did not agree to the term in the master agreement which stated that listed assets would include the land above and below the 26,000km of pipes belonging to the water concessionaires.

cheoky

2,823 posts

Posted by cheoky > 2015-07-07 17:38 | Report Abuse

Either is now Bolehland or O Lan

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-07-07 17:38 | Report Abuse

hng33, what do you think of BJCorp? I sold mine at .395-.405 when needing funds to add Puncak late last year/early this year. I am thinking to hold 6 months to a year for a potential capital gain but a bit concern about its big villain boss

SinGor

4,931 posts

Posted by SinGor > 2015-07-07 17:50 | Report Abuse

Roger where are you. Told you weekend "black hole" Cannot read AG mind.
But land is not a issue(already agreed)--it is throw in on Mon to buy time for AijGor (very uncertain time)

cheoky

2,823 posts

Posted by cheoky > 2015-07-07 17:52 | Report Abuse

Azmin: Putrajaya delaying water deal
James Sivalingam
| July 7, 2015

Minister of Energy, Green Technology and Water constantly shifting his position and keeps dilly dallying

Azmin-Ali,Maximus-Johnity-Ongkili

KUALA LUMPUR: Selangor Menteri Besar Mohammad Azmin Ali warned on Tuesday that if the Minister of Energy, Green Technology and Water (MEGTW) Maximus Johnity Ongkili continues to blame the Selangor Government for the delay in the water deal, while constantly shifting his position on the matter, he has no choice but make public the demands the Federal Government was trying to impose on his administration.

“The Federal Government was deliberately delaying the agreement. This is highly irresponsible.”

Azmin was speaking on the sidelines of the Opposition MP’s emergency meeting at Parliament.

The Federal and Selangor Governments, said Azmin in citing one example, previously agreed that the water assets owned by concessionaires or CCWA would be transferred without the land.

“The agreement was reached. I received a letter from Maximus on 3 June, confirming it,” said Azmin. “But today, I received a notice from the Attorney- General’s Chamber’s demanding that the land be transferred as well.”

Azmin expressed disappointment that despite the series of meetings and discussions with the Ministers involved, including the Prime Minister and his Deputy, there’s no positive development on the water agreement, and the MEGTW was “dilly dallying” on the matter.

sudahkena

1,804 posts

Posted by sudahkena > 2015-07-07 17:54 | Report Abuse

Now roger also stuck. ..

Posted by superspeculator > 2015-07-07 17:56 | Report Abuse

AG's request has put the negotiations in the past few weeks after the last extension by Puncak back to square one.

Posted by superspeculator > 2015-07-07 17:57 | Report Abuse

puncak limit down tmr?

SinGor

4,931 posts

Posted by SinGor > 2015-07-07 17:58 | Report Abuse

This water deal is covered so closely by all media ( no need source anymore). Just need cheoky
update

cheoky

2,823 posts

Posted by cheoky > 2015-07-07 18:01 | Report Abuse

NOW let see who will be the dark knight rising from this water deal. Sien. Muhyiddin or Najid. No worry selangorian, I save u. Azmin said thanks. Pray....

SinGor

4,931 posts

Posted by SinGor > 2015-07-07 18:05 | Report Abuse

Limit down. Roger average down-loh

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-07-07 18:13 | Report Abuse

guess we should hear from Ongkili soon.

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