Posted by cheoky > 2015-08-12 19:25 | Report Abuse

Lolx peanut

Posted by money888 > 2015-08-12 20:40 | Report Abuse

will this help puncak a bit tomorrow?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4826749

Posted by cheoky > 2015-08-12 22:00 | Report Abuse

So singor how about this selangor water deal per your source? Any advice

Posted by kahhoeng > 2015-08-12 22:28 | Report Abuse

money888, such a small deal without even offering profit into the deal (its most likely a loss that has been book earlier,) how could that have any impact on Puncak share price? Hope Dow Jones recovers closer to the end of the day, otherwise, most likely another bad day for us all. Sigh! Market seems to be in favor of short term traders of late...

Posted by Roger123 > 2015-08-13 00:51 | Report Abuse

dispose hebei sino at big loss

Posted by SinGor > 2015-08-13 09:32 | Report Abuse

Cheoky. from the states side documents have moved from tables to tables so it is good. Cannot
get much news from PAAB bcoz it is a small office (info off limits). Expect news start flowing next week. More meetings arranged next week bet. states and Paab--means solution coming.
Splash is still a blackhole (but it could be a done deal too--nobody knows)

Posted by hng33 > 2015-08-13 09:33 | Report Abuse

Roger123 dispose hebei sino at big loss
13/08/2015 00:51


Dspose hebei sino at big loss...RM 12.5m is 'big loss' !!?? please lar do your math properly rather than try to play trick here again.....RM 12.5m write out in cost of investment is just about 19% of Puncak quarterly result RM 65m..... ...annualized RM 260m (5%) ....water assets disposal RM 1.56 billion (<0.8%).....In addition, by cutting this loss making company, Puncak manage to get rid of need to incur continuous operating loss in these small water plant in china, save at least RM 10m back.....its more of offsetting each other rather than even need to incur loss

Posted by SinGor > 2015-08-13 09:48 | Report Abuse

Yes, hng33 it correct. I have told kahheong previously, Rozali is planning to cashout from China operation from a friend ( loss making --could drag further in future--better cut and go )

Posted by hng33 > 2015-08-13 09:53 | Report Abuse

These is typical example on how these clown Roger123 trying to play trick here, only like to give half true + half fake information = misleading and twisting fact

Posted by cheoky > 2015-08-13 09:57 | Report Abuse

thx for info...singor. so many opportunity stocks out there, yet most of my capital lock in puncak... dont know is it right or wrong... time will tell. God bless me ^.^

Posted by kahhoeng > 2015-08-13 10:19 | Report Abuse

hng33, if I were not wrong (can Singor confirm?), the loss of hebei disposal has been written off before, which is why its mentioned in the announcement that there will be no impact.

Singor, wah, you really have good source man! A bit upset though, I thought you are referring to the disposal of Shandong water assets. Think that will be a huge upside potential on price, a water business exit game play -> liquidating Puncak -> more than 3.70 cash per share. Hahaha... wishful thinking here. Still, your information is much appreciated.

Posted by king555 > 2015-08-13 10:19 | Report Abuse

puncak is a good price to buy now if u believe the water restructuring will go through..just a matter of time..waiting.............................

Posted by SinGor > 2015-08-13 10:22 | Report Abuse

My friend is a agent, if Shandong sale price is good why not. But cannot disclose now---agent
rice bowl.

Posted by saltedflsh > 2015-08-13 11:00 | Report Abuse

dead

Posted by kahhoeng > 2015-08-13 11:30 | Report Abuse

Singor, hopefully, Puncak sells everything and return cash to us all, guess will be at least 4.20 per share. Equity market is bad, guess would be hard to even break 3.50 with Selangor water asset disposal. Hahaha... again, wishful thinking!

Posted by hng33 > 2015-08-13 11:43 | Report Abuse

I've unload all OSK share (overall, still reap handsome profit :D), free up most of the capital.....ready to go big and boost further stake in Puncak, but only IF water disposal is complete, to ride on upsurge....but if water delay again...then will hold back....free up capital is more important in today uncertainty market condition...

Posted by Roger123 > 2015-08-13 13:38 | Report Abuse

hng33: not a big loss, then wat is considered a big loss. Invested 12.5m sold only few hundred thousand.... Hahaha.

Posted by Roger123 > 2015-08-13 13:39 | Report Abuse

osk, handsome profit? Wat price u bought and sold? This is considered handsome profit?

Posted by hng33 > 2015-08-13 15:40 | Report Abuse

Roger123 hng33: not a big loss, then wat is considered a big loss. Invested 12.5m sold only few hundred thousand.... Hahaha.

...not a big loss, then wat is considered a big save. Invested 12.5m sold only few hundred thousand, but can save more than RM 10m yearly loss making business.... Hahaha.

Posted by hng33 > 2015-08-13 15:44 | Report Abuse

Roger123 osk, handsome profit? Wat price u bought and sold? This is considered handsome profit?
13/08/2015 13:39

osk, handsome profit? bought OSK-WC at 30.5sen and sold at 41sen ! This is considered handsome profit, a whopping more than 30% contra gain + accumulated many more round of contra gain of 0.5-2sen/share in OSK-WC and accumulated many round of contra gain in 4-5sen/share gain in OSK !!!

Posted by kahhoeng > 2015-08-13 15:54 | Report Abuse

hng33, your skills can only be envied, sigh! Hard to learn and profess...

Posted by hng33 > 2015-08-13 16:13 | Report Abuse

kahhoeng

Frankly, my BIGGEST paper gain now is IWCITY, which is now my current largest holding in my portfolio after aggressively accumulated over the last few days.

Posted by cheoky > 2015-08-13 16:30 | Report Abuse

For me, IWcity is a stock to avoid, better take profit. come and have a look on jb property... have a look on greenland development at danga bay. you will know what i mean.....

Posted by hng33 > 2015-08-13 16:35 | Report Abuse

cheoky

Hahaha, for me IWcity is a stock to accumulate :D)

Posted by kahhoeng > 2015-08-13 16:54 | Report Abuse

hng33, 厉害厉害,佩服佩服！I have avoided pure property players in Malaysia since 2 years ago - never believe the property prices can be sustainable...

Posted by hng33 > 2015-08-13 17:15 | Report Abuse

kahhoeng

Invest in IWCITY is NOT for its property sale, but is for land disposal......imaging the sell proceed from the land disposal to Greenland (RM 2.4 billion) and Tropicana (RM 450m) will give rise to IWCITY NET PROFIT (RM 1.2 billion to realize on staggering basis with first 2 plot of land scheduled to complete by early next year) + Tropicana (RM 150m) !!!! lump together IWCITY is reaping RM 1.35 billion net profit + monetized land book value to CASH ...a whopping net cash RM 2/share....more than 2.3 x higher than current share price

Posted by cheoky > 2015-08-13 17:33 | Report Abuse

wow.. things moving... gamuda suspended....

Posted by cheoky > 2015-08-13 17:33 | Report Abuse

ini kalilah to complete water deal?

Posted by cheoky > 2015-08-13 17:43 | Report Abuse

if got related to splash, means more confident on completion of puncak deal oh? singor can tap your source? ^.^

Posted by hng33 > 2015-08-13 17:52 | Report Abuse

Gamuda suspended....but kps is yet to announce suspension....only if kps also suspend, then it will more likely due to splash.

Posted by posby > 2015-08-13 18:12 | Report Abuse

Kps noneed suspend.. cos kps wil accept the deal anyway... problem only gamuda....
Kps owned by kdeb... no issue on them...

Posted by cheoky > 2015-08-13 18:21 | Report Abuse

True also. Paiseh. I think need kps suspension tooo... Wait to9 n c

Posted by sudahkena > 2015-08-13 19:40 | Report Abuse

Maybe relate to mrt project...

Posted by happ12 > 2015-08-13 19:43 | Report Abuse

really no oommph to push it up..

Posted by kahhoeng > 2015-08-13 20:22 | Report Abuse

hng33, sounds interesting, will read iwcity annual report tonight. Thanks!

Posted by Wiwangwang > 2015-08-13 20:55 | Report Abuse

Don't think is splash deal . If really splash deal sure involve kps .

Posted by jolie2 > 2015-08-13 21:08 | Report Abuse

I think is splash deal announce tomorrow as always water deal announce on friday

Posted by Wiwangwang > 2015-08-13 21:22 | Report Abuse

Erm maybe gamuda short of working capital for the development project . Propose right issue or private placement ?

Posted by sudahkena > 2015-08-13 21:29 | Report Abuse

Current status 4 puncak...??

Posted by hng33 > 2015-08-13 21:46 | Report Abuse

Puncak status will be known better when closer to the deadline next month, whether is deal seal or delay again. Therefore, invest some first for exposure but opt to reserve more cash and waiting til for official confirmation, then only safe to put all reamin balance capital that reserve for puncak, so that can ride on upsurge in share price quicky and realizing profit, fast in turnaround. In addition, as every stock also carry some degree of risk, therefore, also must diversified, avoiding all egg in single basket.

Posted by upsidedown119 > 2015-08-13 22:06 | Report Abuse

hng33. Very good conventional wisdom. But if Puncak start rising after deal completion announcement, will be hard to catch it as it may gap up almost RM1.

Posted by sudahkena > 2015-08-13 22:17 | Report Abuse

No more cash.... all in loss position.. where to get free money... hng want to donate???

Posted by hng33 > 2015-08-13 23:08 | Report Abuse

Upsidedown119

That why need to buy some now for exposure for the upsurge once deal completion announcement, but it is still have room for catch for remain capital to ride on it.....it may be gap up, but impossible for as high as RM 1 for current market conditions most probably 20sen for the initial knee jerk effect, as it still face many immediate resistance ahead 2.80, 2,90 and 3.00, therefore, should able still able to play catch up but at smaller profit margin than from buying at current low level. The important strategy here is play safe, invest first some, and avoid get trap for too much capital if deal delay again, and yet still able to capitalize full profit margin upside if deal is seal for earlier exposure and catch up with remain capital for smaller profit margin

Posted by cheoky > 2015-08-13 23:09 | Report Abuse

Upsidedown comment is a possible scenario. I think bottom line is your own confident level on the successful conclusion of this deal making u buy into puncak.... My humble opinion is in many aspects, all parties need to complete this deal. The bridge for u turn is burned. Yet nothing is 100%.

Posted by hng33 > 2015-08-13 23:42 | Report Abuse

Sudahkena

donate!? Maybe can ask j*cor on how to get 2.6 b donation.....we as ordinary man, only have 2.6 b sperm lor. Or alternative can consult clown Roger here on how to get dog mortagage, can get so much to pump high and dump low :D)

Posted by kahhoeng > 2015-08-13 23:54 | Report Abuse

alas, any scenario is possible. we are no big bosses, only big bosses know how they want the Puncak price trend looks like. Hng33 has already made money in Puncak, and he is working on making more, so doesn't really matter if its ladder up or shoot up trend. Its people like me who has waited long time without selling that can't sell fearing inability to catch the flight in a shoot up scenario.

Posted by cheoky > 2015-08-14 00:21 | Report Abuse

Go through PAAB annual report 2013, barring any new AR information, auditor even make qualified opinion about investment by PAAB on Aquawhat ( i forgot the name) , a special vehicle to takeover selangor water assets. Aquaxxx investment by PAAB is long overdue. If they cant recover back, there is a possibility PAAB cannot function as a on going entity as concerned. Till now, cant see AR2014. Sort like a mini 1mdb oh.. PAAB want this deal too. With azmin got no plan b for water re and publicly make declaration to finish the match... yes, i choose to hold to puncak, waiting for this bus A cos worry just the moment, i switch to bus B. Bus A said bye bye....still nothing is 100%

Posted by sudahkena > 2015-08-14 08:36 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2015/08/14/Gamuda-gets-PDP-job-for-Penang-project/?style=biz

Posted by sudahkena > 2015-08-14 08:37 | Report Abuse

Hope have news on water....

Posted by hng33 > 2015-08-14 10:56 | Report Abuse

Sold back Puncak at 2.54-2.55, realize transaction cost loss first