PUNCAK NIAGA HOLDINGS BHD

KLSE (MYR): PUNCAK (6807)

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Last Price

0.23

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


24 people like this.

24,496 comment(s). Last comment by Woodsis 3 weeks ago

Wiwangwang

238 posts

Posted by Wiwangwang > 2015-08-17 14:23 | Report Abuse

Deal already done . Just hold n wait for the wind fall durian ... Everyone here huart ar .. After puncak next will be KPS

cheoky

2,823 posts

Posted by cheoky > 2015-08-17 14:31 | Report Abuse

i think done deal too... Position of azmin ali at stake or otherwise people will pull him down as per his explainaton at today dewan sidangan selangor. waiting....=.="

sudahkena

1,804 posts

Posted by sudahkena > 2015-08-17 14:41 | Report Abuse

Still waiting official confirmation. . But I worry azmin lately hentam najib... hope no delay anymore..

money888

430 posts

Posted by money888 > 2015-08-17 15:09 | Report Abuse

if deal...why drop?

hng33

20,463 posts

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

money888 if deal...why drop?
17/08/2015 15:09

Roger123 Fall more plz
17/08/2015 09:

money888

430 posts

Posted by money888 > 2015-08-17 15:17 | Report Abuse

Roger make it drop?

hng33

20,463 posts

Posted by hng33 > 2015-08-17 15:20 | Report Abuse

Pump high dump low indeed work for clown Roger123 :D)

money888

430 posts

Posted by money888 > 2015-08-17 15:23 | Report Abuse

sigh...anyone average down?

sudahkena

1,804 posts

Posted by sudahkena > 2015-08-17 15:28 | Report Abuse

Low volume also can make it drop too much

Posted by paperplane3 > 2015-08-17 15:52 | Report Abuse

no deal! why?

PRK+DAP+MAHATHIR Throwing the GOVT SOON!

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-08-17 15:54 | Report Abuse

wonder when will they announce the completion of water restructuring? Luckily I sold warrant @ 1.59 this morning to buy some Puncak @ 2.44 just now. hmm... actually, not lucky at all, cause more warrants sold then Puncak bought, averaging up my cost to breakeven. Fainted!

sudahkena

1,804 posts

Posted by sudahkena > 2015-08-17 15:59 | Report Abuse

If already done.. insider will buy first. No way to drop..

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-08-17 16:05 | Report Abuse

sudahkena, agree. but I think not many people really knows what lies ahead of the restructuring issue. Better be, otherwise, should have dropped more than just a few cents

hng33

20,463 posts

Posted by hng33 > 2015-08-17 16:33 | Report Abuse

Bought some Puncak at 2.44

Roger123

1,821 posts

Posted by Roger123 > 2015-08-17 16:54 | Report Abuse

Hahaha. I told u before. The deal is not ok yet

Roger123

1,821 posts

Posted by Roger123 > 2015-08-17 16:56 | Report Abuse

This question I have asked u all before. If the deal ok, why it dropped? Big frog is jumping on the street

Roger123

1,821 posts

Posted by Roger123 > 2015-08-17 16:56 | Report Abuse

No one believed me

Roger123

1,821 posts

Posted by Roger123 > 2015-08-17 16:56 | Report Abuse

Our target 2.30 latest info

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-08-17 17:01 | Report Abuse

roger, no joke? Won't have money to top up by then already, may have to sell my US shares, sigh! Politicians screw up our nation, and I have to take part paying the price

cheoky

2,823 posts

Posted by cheoky > 2015-08-17 17:03 | Report Abuse

never know.. time will tell. With roger history, his statement is worthy a pinch of salt to me. I dont know about you all. Any of Singor statement is the one draw my attention now...

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-08-17 17:04 | Report Abuse

Guess we should see the restructuring completed end of this month?

http://www.thestar.com.my/News/Nation/2015/08/17/Selangor-Review-Free-Water/

Selangor mulls fine-tuning free water scheme

SHAH ALAM: The Selangor government may review its free water scheme to ensure that it benefits only those who really need the aid.

Mentri Besar Azmin Ali (pic) said some of the beneficiaries were using the monthly 20 cubic metres of free water to water plants, wash cars and fill their swimming pools.

"How can we subsidise these activities? I don't think it is fair,"’ Azmin told reporters at the sidelines of the state legislative assembly session here Monday.

Azmin said he has invited assemblymen to debate the matter when the budget is tabled in November.

"There are ways and means to ensure the targeted group benefits from the programme, so we have to look at the best mechanism," he said, adding the state spent between RM120mil to RM150mil yearly on the free water scheme.

According to Azmin, the cost had gone up after the migration of bulk meter water supply accounts to individual meter water supply accounts in high-rise properties in the state.

When asked if the review would disgruntle Selangor residents, Azmin said he did not think it would.

"If you give a proper explanation and justification on why we need to review, they will understand," said Azmin.

He said the purpose of implementing the scheme was to help those from the lower income group.

He assured there were no plans to abolish the free water scheme even after the conclusion of the ongoing Selangor water industry restructuring exercise.

To a question if there would be an increase in the water tariff rate once Selangor fully takes over its water industry from the current private concessionaires, Azmin said there were no plans to do so at the moment.

However, he did not dismiss the possibility of an increase in the future.

"We have to look at the entire process once the whole industry has been restructured,"’ said Azmin, adding that currently, only three concessionaire companies - Syarikat Bekalan Air Selangor (Syabas), Puncak Niaga Sdn Bhd (PNSB) and Konsortium Abbas Sdn Bhd (Abbas) - were involved.

He said the final stage has to be concluded as well with the fourth concessionaire company Syarikat Bekalan Air Selangor Sdn Bhd (Splash).

"We don't know what is the quantum that needs to be paid to Splash,"’ said Azmin.

He reassured that the state government will not make any decisions that would burden the people.

"We cannot simply transfer the cost to the consumers and so we will look at a suitable mechanism to reduce the burden," he said.

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-08-17 17:05 | Report Abuse

http://www.nst.com.my/node/96526

SHAH ALAM: A review will be carried out on the Selangor government free 20 cubic meter water programme in Selangor.

Menteri Besar Azmin Ali said there was a need to study if the programme fulfils its main objective to benefit lower income with the supply as there were complaints that it was used for gardening and swimming pool. Azmin said there are no plans to stop the programme.

While the Selangor government has no plans to increase the water tariff at the moment, consumers may have to pay more once the restructuring of the state's water industry is completed.

Menteri Besar Azmin Ali said the state government now needs to conclude the final stage with Syarikat Pengeluar Air Selangor Sdn Bhd (Splash).

"We do not know what is the quantum needed to be paid to Splash. For now, there is no hike but in the future, we have to see what is the mechanism that wouldn’t burden the people. This is the responsibility of the state government as we cannot simple transfer the cost to consumers," he said at the sidelines of the Selangor state assembly today.

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-08-17 17:08 | Report Abuse

cheoky, haha... I listen to all three, hng33 as trading pro, Singor as insider tips, and Roger as contrarian warning. I am not like hng33 good at cutting loss & Singor good at collecting info, so Roger's warning helps in making sure I don't hold too much

cheoky

2,823 posts

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

btw, to fill in roger role is plain simple. get any of the parameters that fit into his so called oracle prediction and trumpet it. That is all. I think my concern here is the deal will through or not? Deadline? That is my main concern.

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-08-17 17:19 | Report Abuse

cheoky agree. I have similar concern. I think Puncak price is falling much less compared to others due to possibility of a deal to be completed soon. If deal can be completed in the next few days and Puncak trades above 3.30, I should be on a buying spree after selling my Puncak.

Roger123

1,821 posts

Posted by Roger123 > 2015-08-17 17:30 | Report Abuse

Cheeky Jolie: wat I told u it happened. 1. 2.50 (done) 2. market will down alot- from the day I said, the market was down until now (done). U just don know who u deal with. Hahaha.

Roger123

1,821 posts

Posted by Roger123 > 2015-08-17 17:30 | Report Abuse

I told u wait until dec

Roger123

1,821 posts

Posted by Roger123 > 2015-08-17 17:30 | Report Abuse

But......

hng33

20,463 posts

Posted by hng33 > 2015-08-17 17:31 | Report Abuse

Roger123 0.08 and 0.085 r very cheap too me.
12/08/2015 18:19

Roger123 I am very sure i will get 20%++ return from CG... hahaha. i will sell at 0.10. Let see
12/08/2015 18:17

Roger123 Our target 2.30 latest info
17/08/2015 16:56

With clown Roger123 TP RM 2.30, then he CG become worthless liao..:D)

Roger123

1,821 posts

Posted by Roger123 > 2015-08-17 17:34 | Report Abuse

I only bought puncak Cg 300k. That is nothing ok?

kahhoeng

3,950 posts

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

hng33, why so hard on roger? If based on what you have posted, he must also be holding Puncak like us, more or less. So, lets all pray a deal to be announced within the next few days and price rises up to more than 3.30.

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-08-17 17:45 | Report Abuse

Think PR is Selangor is a real big joke! Don't even know how they have benefitted the people delaying the water restructuring for such a long time...

http://www.malaysiakini.com/news/308892

Selangor residents may have to bear higher water tariffs in future after the master agreement on the state’s water industry restructuring has been finalised, including the taking-over of the water concessionaires.

Menteri Besar Mohamed Azmin Ali said increased water tariffs might be considered for the long term due to the expected take-over costs to be borne by Pengurusan Air Selangor Sdn Bhd (Air Selangor).

“Implementation of the finalised agreement will surely involve the cost of restructuring the industry to ensure the supply of quality water, but the state government will not burden the people.

“To reduce the 35 percent of non-revenue water (NRW) currently, will also incur a high cost,” he said in reply to a supplementary question from Dr Wan Azizah Wan Ismail (PKR-Kajang) at the state assembly sitting in Shah Alam today.

Earlier, Mohamed Azmin (PKR-Bukit Antarabangsa) said the master agreement was finalised with the federal government on July 10, with a 60-day period for the implementation of the main conditions in the agreement, including the process of taking over the concession companies.

He said that to date, only Syarikat Pengeluar Air Selangor Sdn Bhd (Splash) was still in the negotiation process, while that involving three other water concessionaires, Syarikat Bekalan Air Selangor (Syabas), Konsortioum Abbas Sdn Berhad (Abbas) and Puncak Niaga Holdings Berhad (PNHB) had been completed.

The menteri besar admitted that Selangor was facing treated water supply problem due to the lack of treatment plants to meet the supply needs of residents and industries in the state.

“The problem in Selangor is not due to raw water supply but inadequate treatment plants, which requires the building of the Langat 2 Water Treatment Plant to be expedited,” he said.

To a question from Ng Suee Lim (DAP-Sekinchan) on the giving of free water, Mohamed Azmin said the state government would study the matter as some consumers were found to have abused the facility.

“There have been claims that some who receive the benefit of free water, have been using it to wash cars, water their gardens and so on. However, at the moment the state government does not intend to cancel the free water programme,” he added.

hng33

20,463 posts

Posted by hng33 > 2015-08-17 17:53 | Report Abuse

Roger123 Cheeky Jolie: wat I told u it happened. 1. 2.50 (done) 2. market will down alot- from the day I said, the market was down until now (done). U just don know who u deal with. Hahaha.
17/08/2015 17:30

Roger123 I told u wait until dec
17/08/2015 17:30

Roger123 Our target 2.30 latest info
17/08/2015 16:56

Roger123 I only bought puncak Cg 300k. That is nothing ok?
17/08/2015 17:34

Roger123 Singer: I am not selling any now. I am buying between 2.50-2.52. Hahahaha. If hng sells, i will buy. If he buys, i will sell
15/08/2015 00:08

Roger123 0.08 and 0.085 r very cheap too me.
12/08/2015 18:19

Roger123 I am very sure i will get 20%++ return from CG... hahaha. i will sell at 0.10. Let see
12/08/2015 18:17


Hahaha, i told you these is clown Roger 123

money888

430 posts

Posted by money888 > 2015-08-17 18:05 | Report Abuse

old news...hopefully Splash is not dragging the water deal..
http://www.malaysiakini.com/news/270659

upsidedown119

4,326 posts

Posted by upsidedown119 > 2015-08-17 18:12 | Report Abuse

kahhoeng, why so pessimistic? Did you miss out something in the Malaysiakini report?!

upsidedown119

4,326 posts

Posted by upsidedown119 > 2015-08-17 18:13 | Report Abuse

hng33. I have tired of clowns like Roger 123. There are many in i3! What do you think of the Malaysiakini report?

cheoky

2,823 posts

Posted by cheoky > 2015-08-17 18:22 | Report Abuse

Should be glad with this news. At least show azmin is realistic. With water reserve 1%, resumption of syabas court against selangor, really this deal is no u turn in my opinion. Hope really is 60days. Roger want dec is understandable. Free clown to keep us entertained till dec. What a noble intention but bored with your performance. Need more training, mr roger.

hng33

20,463 posts

Posted by hng33 > 2015-08-17 19:06 | Report Abuse

Upsidedown119

It is just a matter of time, thing have move progressively, but cannot rule out possibilities to delay again. Therefore, better keep for some exposure only, if seal, even gap up a bit, it still have time to ride on it, if delay, bargain hunt again :D)

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-08-17 21:05 | Report Abuse

upsidedown, which part are you referring with regards to my pessimism? Is it "Think PR is Selangor is a real big joke! Don't even know how they have benefitted the people delaying the water restructuring for such a long time... "

If you are referring to this, well, I am pessimistic about the management skill of PR (and future federal under PR) rather than future of Puncak. Based on his statement, Azmin seems to suggest higher water tariff in future, leaving only on whom should bear the burden. An earlier settlement with Puncak & Gamuda should lower the cost of restructuring, but Azmin has emphasized politics over the administration of water issue.

upsidedown119

4,326 posts

Posted by upsidedown119 > 2015-08-17 21:10 | Report Abuse

kahheong, I am only being more optimistic about the Malaysiakini report.

money888

430 posts

Posted by money888 > 2015-08-18 09:11 | Report Abuse

2.42...Roger again??

hng33

20,463 posts

Posted by hng33 > 2015-08-18 09:18 | Report Abuse

money888

Possible lor, since, these Roger123 later will claim credit 'wat I told u it happened.... Roger123 Our target 2.30 latest info....

upsidedown119

4,326 posts

Posted by upsidedown119 > 2015-08-18 09:24 | Report Abuse

Kahheong, negotiations with Puncak and Syabas is completed. That's the main game.

sudahkena

1,804 posts

Posted by sudahkena > 2015-08-18 09:39 | Report Abuse

Azmin said - takeover syabas puncak abbad already completed. .. now need to nego with splash.. but now detail. Mm

hng33

20,463 posts

Posted by hng33 > 2015-08-18 10:03 | Report Abuse

Bought some more Puncak at 2.42-2.44

money888

430 posts

Posted by money888 > 2015-08-18 10:11 | Report Abuse

1000 lot added to block at 2.45...gila...

Posted by Stringann Tan > 2015-08-18 10:12 | Report Abuse

big road block 2.45

ImCK

3,295 posts

Posted by ImCK > 2015-08-18 10:15 | Report Abuse

down

hng33

20,463 posts

Posted by hng33 > 2015-08-18 10:18 | Report Abuse

Clown Roger is good in 七伤拳, pump high, dump low

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