Posted by money888 > 2015-08-11 16:00 | Report Abuse

good one hng...8.5sen seems attractive now...isnt it?

Posted by hng33 > 2015-08-11 16:02 | Report Abuse

money888

Bear in mind, call warrant is dependent on underlying share. Of course, if Puncak confrim the deal is on, and special dividend is on the way, then is worth to buy call warrant to ride on its leverage advantage.

Posted by kahhoeng > 2015-08-11 16:22 | Report Abuse

hng33, nothing much can be done now unless others shares fall another 10% below Puncak's fall. I will re-allocate some then. Currently, its still not attractive enough to shift. My bigger issue is not concentration, rather, its too much leveraging while I have no intention to sell my foreign holding to reduce my leveraging in Malaysia.

Posted by smartly > 2015-08-11 16:55 | Report Abuse

2.60 done small amount.

Posted by hng33 > 2015-08-11 17:20 | Report Abuse

smartly

Good, I thinking to average down also from current average holding cost at RM 2.637.

Posted by smartly > 2015-08-11 17:40 | Report Abuse

hng33, i am buying slowly to average. if up will not hesitate to sell first. :p
ding-dong play till the big wave is here.

Posted by cheoky > 2015-08-11 17:47 | Report Abuse

https://www.youtube.com/watch?v=QLUFaPngL_k

Posted by cheoky > 2015-08-11 17:48 | Report Abuse

rozali bo song liao? obstacle?

Posted by sudahkena > 2015-08-11 17:50 | Report Abuse

http://www.astroawani.com/berita-bisnes/syabas-gesa-kerajaan-negeri-selesai-segera-penstrukturan-semula-air-selangor-69370

Posted by hng33 > 2015-08-11 17:59 | Report Abuse

It still have 1 month ahead, Rozali already give warming to both Fed and State to speed up the process take over. He is closely monitor the progress.

Posted by hng33 > 2015-08-11 18:04 | Report Abuse

smartly

hahaha, its good ding-dong play, so long the deal have yet to confrim :D). Its good to staggering into several tranche to buyback. In additions also, must diversifying instead on just focus on single stock as many stock are currently on bashed down price.

Posted by jacklintan > 2015-08-11 18:32 | Report Abuse

Nelson Yoong: How you wish for it!

Posted by cheoky > 2015-08-11 19:06 | Report Abuse

http://www.dailymotion.com/video/x316ghn

Posted by cheoky > 2015-08-11 19:12 | Report Abuse

http://www.dailymotion.com/video/x30wumw_selangor-selesai-ambil-alih-puncak-niaga-syabas_tv

Posted by cheoky > 2015-08-11 19:13 | Report Abuse

So conflicting confused.....

Posted by Nelson Yoong > 2015-08-11 19:19 | Report Abuse

Sorry Jacklintan if I offence both of u,normally in Australia is woman PLACE!,Anway when PUNCAK reach 3.80 all the bad things will be forgotten WE CELEBRATE!

Posted by jacklintan > 2015-08-11 19:53 | Report Abuse

Nelson Yoong: No offense. We can do it at your mother's place for coffee!

Posted by jacklintan > 2015-08-11 19:53 | Report Abuse

cheoky: If the vid is true, tomorrow Puncak sky rocketing till the moon loh

Posted by jacklintan > 2015-08-11 19:54 | Report Abuse

cheoky: I'll definitely collect tomorrow!!!

Posted by cheoky > 2015-08-11 20:10 | Report Abuse

Good news? Azmin declared in state asembly it is a done deal.....

Posted by cheoky > 2015-08-11 20:12 | Report Abuse

So rozali wayang? Make azmin and himself looks better?

Posted by cheoky > 2015-08-11 20:20 | Report Abuse

sry found out that is old video..

Posted by cheoky > 2015-08-11 20:28 | Report Abuse

dailymotion show latest date, in youtube they are months old...

Posted by ckk2266 > 2015-08-11 21:21 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2015/08/11/Syabas-sees-RM2b-needed-to-revamp-water-sector/?style=biz

Posted by cheoky > 2015-08-11 22:07 | Report Abuse

these are the latest. https://www.youtube.com/watch?v=_h_LIIVnZVk
https://www.youtube.com/watch?v=MjjQ0FUkXz0

should be good going forward

Posted by hng33 > 2015-08-11 22:28 | Report Abuse

These is what we call, sharing reliable information for the bettermen of all investor in these puncak thread. The more informative we are through better understanding the progress news of the deal, the lower the risk in investment. Cheer all.

Posted by hng33 > 2015-08-12 08:39 | Report Abuse

Syabas prepares five-year master plan in view of Selangor takeover

Syarikat Bekalan Air Selangor (Syabas) has prepared a five-year master plan (2015-2019) involving capital expenditure of RM4.3 billion.

The master plan is in preparation for the take over of the management of the water industry in Selangor, Kuala Lumpur and Putrajaya by the Selangor government, which is expected in September.

Syabas executive chairman Tan Sri Rozali Ismail (pic) said a key component of the plan was to increase the treated water supply capacity by at least 25% (1,600 million litres per day) which required a total expenditure of around RM1.9 billion.

"If the operation and maintenance of water plants administered by Puncak Niaga through Syabas could be handed over to Pengurusan Air Selangor Sdn Bhd, a subsidiary company under the Selangor government on September 13, Syabas will present and discuss this plan with the Selangor goverment.

"But if this matter is delayed again (no hand-over on September 13), Syabas will still present the plan to the Selangor and federal goverments (Ministry of Energy, Green Technology and Water)," he told a press conference in Kuala Lumpur today.

Rozali, who is also Puncak Niaga (M) Sdn Bhd executive chairman, said September 13 is the deadline for the federal and Selangor governments to solve the related problems regarding the hand-over of the water industry following the signing of the Supplementary Agreement to the Water Industry Restructuring Master Agreement on July 10.

The signing of the Supplementary Agreement involving the federal government, Selangor government, Pengurusan Aset Air Berhad (PAAB) and Air Selangor saw the parties to the agreement given 60 days to fulfill the Condition Precedents (CPs) to the Master Agreement.

Rozali said the five-year master plan also would be focusing on reducing non-revenue water (NRW) loss with target savings up to 25%, which required a cost of around RM1.05 billion.

Optimistic about the capability and sincerity of the Selangor government to take over the water industry in Selangor, Kuala Lumpur and Putrajaya, Rozali said the master plan was also to enhance the quality of services to domestic and commercial consumers; to upgrade water supply system assets and to modernise the operating process through application of the latest technology in all aspects of operations. – Bernama, August 12, 2015.

Posted by jacklintan > 2015-08-12 09:30 | Report Abuse

REQUOTE FROM YOUR SOUCE HNG33: Rozali, who is also Puncak Niaga (M) Sdn Bhd executive chairman, said September 13.
"But if this matter is delayed again (no hand-over on September 13), Syabas will still present the plan to the Selangor and federal goverments (Ministry of Energy, Green Technology and Water),"
POSTPONING may takes place again.

Posted by ImCK > 2015-08-12 09:31 | Report Abuse

runnnnnnnnnnnn malaysia goverment will let myr usd - RM4.5

Posted by hng33 > 2015-08-12 09:41 | Report Abuse

jacklintan

With water disposal, Puncak declare special dividend but loss core earning driver; without water disposal, Puncak continue derive EPS 60-70sen, trade undemanding PE<4x; delay in water disposal, Puncak share remain trade in narrow price range with limited downside risk.

Posted by ImCK > 2015-08-12 09:44 | Report Abuse

after dipossed will the share price up is the problem lol

Posted by hng33 > 2015-08-12 10:14 | Report Abuse

ImCK

If water assets disposal indeed completed With special dividend of RM 1, Puncak share should response positively, but with current downward, it is only fair to expect at least 20-30sen upward.

Posted by upsidedown119 > 2015-08-12 10:25 | Report Abuse

hng33. Special dividend of RM1 but only 20 to 30 sen price increase? Surely that's gross underestimation?

Posted by hng33 > 2015-08-12 10:30 | Report Abuse

Yes, of course you can expect higher by RM 1 to RM 3.60, but i am more conservative in view of current market.

Posted by kahhoeng > 2015-08-12 10:34 | Report Abuse

hng33, you have a point. Guess even with the restructuring completion, Puncak price will have a hard time climbing to its early peak

Posted by jacklintan > 2015-08-12 10:48 | Report Abuse

We are officially into recession.

Posted by hng33 > 2015-08-12 10:49 | Report Abuse

kahhoeng

Its good you now become more realistic.

Posted by Roger123 > 2015-08-12 10:55 | Report Abuse

Big frog is jumping on the street..............

Posted by Roger123 > 2015-08-12 10:57 | Report Abuse

2.50 i am here for u

Posted by hng33 > 2015-08-12 11:07 | Report Abuse

Bought Puncak at 2.55

Posted by king555 > 2015-08-12 11:57 | Report Abuse

bought puncak @2.55 too..should be worth to bet at current price

Posted by king555 > 2015-08-12 11:58 | Report Abuse

limited downside i think

Posted by Roger123 > 2015-08-12 12:02 | Report Abuse

bought puncak cg

Posted by king555 > 2015-08-12 12:06 | Report Abuse

puncak cg high risk abit wo..but when market turn...it helps to generate more profit la..lets us wait for one more month see how..

Posted by king555 > 2015-08-12 12:28 | Report Abuse

why puncak cg price lower than puncak cf?RHB main tipu

Posted by kahhoeng > 2015-08-12 13:07 | Report Abuse

hng33, with so many cheap shares in the market right now, it would be hard to assume Puncak will reach its previous peak. I am a bit hopeful for a 3.30 - 3.40 though, assuming a deal to be completed soon, say within the next 18 days? Hopefully, it will right on time for me to buy some shares, just not sure what to buy yet

Posted by hng33 > 2015-08-12 14:27 | Report Abuse

kahhoeng

I'm little more conservative though...10% gain is enough for me in current weak market

Posted by ImCK > 2015-08-12 14:30 | Report Abuse

kiki i wait below RM2.00 more safety

Posted by ImCK > 2015-08-12 14:31 | Report Abuse

52w 2.320 - 3.600
waiting break 2.32 many share is breaking new low

Posted by hng33 > 2015-08-12 14:39 | Report Abuse

ImCK

Anything is possible in current bearish market, especially if the deal delay again.