Posted by jolie2 > 2015-08-22 16:09 | Report Abuse

Msia market is at pe 13.5 x. Last quarter suprise current trade surplus at 8 billion. Would not crash on Monday as now the trend is Asia sneeze, USA catch the flu.

Posted by jacklintan > 2015-08-23 01:57 | Report Abuse

http://www.malaysia-today.net/selangor-water-perks-go-down-the-drain-so-will-our-support/

Posted by jolie2 > 2015-08-23 08:33 | Report Abuse

pkr cannot follow BN.
BN give BR1M, pkr give free water.
They have to stop all this. All these DONATION is not healthy. Cannot sustain.

Posted by kahhoeng > 2015-08-23 10:50 | Report Abuse

truth is, BN, PR, and PAS are all lousy, especially BN, not only lousy and corrupted, thick face too!

Posted by hng33 > 2015-08-23 17:59 | Report Abuse

...........“Kegusaran rakyat lebih lagi apabila Kerajaan Selangor melupakan janji di mana rakyat Selangor boleh memiliki saham syarikat air tetapi kini janji itu telah bertukar kepada kemungkinan kenaikan tarif tidak dapat dielak dan kemungkinan tiada lagi skim air percuma,” katanya..............

http://www.freemalaysiatoday.com/category/bahasa/2015/08/21/penstrukturan-air-azmin-lebih-mahal-dari-khalid/

Remark: Water must operate under business based model, no 'free' water, and current cost certainly increase: to cover back Langat, fees to pay for raw water source from Pahang, old pipe need to replace, traffic hike definitely inevitable = Air Selangor after water restructuring MUST able to show profit, only can be list in Bursa, and Selangorean entitle to subscribe share and become shareholder

Posted by jacklintan > 2015-08-23 18:33 | Report Abuse

Free water is impossible. Kerajaan Selangor shouldn't give this kind of promise to Rakyat. High hopes like this onced broken, will leave to no trust and what's more jeopardize a government's integrity.

Posted by cheoky > 2015-08-23 22:32 | Report Abuse

Malaysia isn't spore... Promise 1st worry later. Sadly majority still buy it, maybe there is not better alternative.... That is Malaysia. Boleh la bang... Worry later....

Posted by Roger123 > 2015-08-24 11:10 | Report Abuse

Durian is falling down, faster catch

Posted by cheoky > 2015-08-24 11:15 | Report Abuse

Durian apa, we stand under the durian tree long ago. Belum jatuh already got hit. Hopefully not durian kampung that fall.

Posted by Roger123 > 2015-08-24 11:41 | Report Abuse

Where is our hng god? Say something to calm us

Posted by hng33 > 2015-08-24 12:19 | Report Abuse

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

Roger123 hng: having at 2.20
19/08/2015 14:06

Posted by samsoongyc > 2015-08-24 12:19 | Report Abuse

Roger123
Why panic !!! Everybody dies one day...

Posted by kahhoeng > 2015-08-24 13:28 | Report Abuse

Cheoky, well said, hope its lychee or longan instead of durian

Posted by hng33 > 2015-08-24 15:01 | Report Abuse

Why Roger123 panic !!! need someone to calm down when share price not even yet to reach his target price !!??

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

Posted by hng33 > 2015-08-24 15:31 | Report Abuse

Bought Puncak 2.42-2.43

Posted by jolie2 > 2015-08-24 16:26 | Report Abuse

roger scared-kah ??????????????????
HAHAHAHAHAHAHA

Posted by sudahkena > 2015-08-24 16:27 | Report Abuse

Roger.... not anak jantan......

Posted by kahhoeng > 2015-08-24 16:40 | Report Abuse

roger waiting for 2.30?

Posted by jolie2 > 2015-08-24 16:42 | Report Abuse

roger .......... HAHAHAHAHAHAHA

Posted by jolie2 > 2015-08-24 16:45 | Report Abuse

roger... dream, dream , dream
HAHAHAHAHAHA

Posted by Mikkel Low > 2015-08-24 16:52 | Report Abuse

Roger, i bought @rm2.43~~~thanks for sold to me hahaha

Posted by hng33 > 2015-08-24 17:09 | Report Abuse

Mikkel Low

Hahaha, nice fightback, these is call Roger 報應 for what he have done!

Mikkel Low sold all of my shares in Puncak @RM2.47, think hng33's strategy is good especially during bear market~
19/08/2015 16:22

Roger123 Mikkel Low: Thanks for selling out
19/08/2015 19:08

Roger123 Follow Hng, U will die. Hahahaha.
19/08/2015 19:08

Roger123 Where is our hng god? Say something to calm us
24/08/2015 11:41

Mikkel Low Roger, i bought @rm2.43~~~thanks for sold to me hahaha
24/08/2015 16:52

Posted by Mikkel Low > 2015-08-24 17:11 | Report Abuse

hahaha

Posted by kahhoeng > 2015-08-24 17:15 | Report Abuse

hng33, fainted, while knowing you are targeting roger, can't help but feel bad myself for holding on. Sigh!

Posted by laosai > 2015-08-24 17:24 | Report Abuse

Still pricey. Better realize cash than wait drop further. Cut loss RM 2.43-2.44.

Posted by hng33 > 2015-08-24 17:24 | Report Abuse

kahhoeng

Just wait for final outcome, latest by early next month, before Puncak deadline. It is either seal or delay. Puncak either gap jump (+10-20sen) and wait for dividend next. On the other hand, if delay again, Puncak may trade downward, ready for bargain hunt as so long Puncak have yet to complete water disposal, its value still remain intact, however, share performance still subject to market sentiment risk. Therefore, still stick to strategy, keep some stake for continuous exposure, only invest more if deal is final seal and just ride on it even need to pay 10-20sen extra more still worth of it, but if deal delay again, opportunity to bargain hunt.

Posted by laosai > 2015-08-24 17:27 | Report Abuse

Selangor is opposition state. Why BN must help? Some more Bersih 4.0 is coming soon.

Posted by laosai > 2015-08-24 17:31 | Report Abuse

Actually PR must solve the funding by themselves. BN priority is to help those states support them not opposition states to be fair to their supporters.

Posted by hng33 > 2015-08-24 17:32 | Report Abuse

laosai

Still pricey!!?? Roger latest target price is RM 2.30 and it may be achievable in current weak market, but before these, clown Roger already in panicking condition, he may want to pump up and dump low if he know his own 'poison word' will come true again and hurt himself back...bear in mind Roger is the master of 七伤拳 and if does, clown Roger will again said it 'i told you'

Posted by laosai > 2015-08-24 17:37 | Report Abuse

Below RM 2 is better in line with market drop.

Posted by kahhoeng > 2015-08-24 17:44 | Report Abuse

fainted, soon roger will be addressed as 七伤拳。。。

Posted by hng33 > 2015-08-24 20:36 | Report Abuse

Laosai

Below RM 2 !!??. Possible in such a massive selloff !!?? Expecially if deal delay again.....lets hope for the best next month outcome, if not, anything is possible.

Posted by hng33 > 2015-08-24 20:54 | Report Abuse

Market next support is at 1500, follow by stronger support at 1480, implying potential another one round of selloff to 1500-1480 in response to global market tumble tommorrow.

Posted by kahhoeng > 2015-08-24 21:05 | Report Abuse

hng33, I think we have more to fall, given poor plantation performance and low oil & gas price. Further weakening could be seen in property and bank stocks. Hopefully, it will end before consumer and industrial stocks are heavily affected as well. Guess the only thing to hope for is a Saudi production cut announcement, around 1 - 2 million barrels per day...

Posted by hng33 > 2015-08-24 21:34 | Report Abuse

Agreed, if these support also broken, then the following next will be 1400 to 1360. I just hope that selloff can be very fast, like -30 pts to -50 pts, reach these level in less than 5 days, then market stabilize, stock value remerge soon, instead of prolong time.

Posted by kahhoeng > 2015-08-24 21:38 | Report Abuse

hng33, agree. Given sharp drop in US right now, guess your scenario could play out right

Posted by hng33 > 2015-08-24 21:41 | Report Abuse

Crude oil tumble is not only due to overproduction, and newcomer iran oil flush in global oil market, but it also due to reduce import by slowing down China and US own supply of shale oil. It is not easy to deal with, every oil exporter opec or non opec, all want to increase more oil to compensate reduce price, no one willing to give up market share.

It must also take note that, puncak oil and gas business may be affected by petronas scale down offshore work

Posted by kahhoeng > 2015-08-24 21:48 | Report Abuse

hng33, do not agree, Saudi production has increased more than 2 million barrels per day since Iraq embargo that Saudi could easily cut down. Demand for crude oil has actually increased to 94 million barrels per day from 92 million barrels per day (didn't check figure carefully, but can confirm easily through most reports available online.) Furthermore, the slower oil demand has actually not caused by 'slower economy' reported by news as I see it. It has more to do with newer technology developed to improve energy efficiency due to high oil price (consistently above 100 over a few years!) Well, anyone could put in any conspiracy theories into this.

Posted by kahhoeng > 2015-08-24 21:50 | Report Abuse

IEA and EPA

Posted by hng33 > 2015-08-24 21:56 | Report Abuse

Saudi want to defend its oil market share, fend off iran and shale oil producer which have higher cost of production. Bear in mind, saudi cost per barrel is only US10, whereas, most ofthe US shale oil cost is anout US30, Malaysia cost is about US 25

Posted by kahhoeng > 2015-08-24 22:02 | Report Abuse

well, US10 is the cost of production before including social cost. Given budget deficit of over 40 (or is it 50) billion USD this year alone, Saudi can't keep this game indefinitely

Posted by hng33 > 2015-08-24 22:08 | Report Abuse

I think saudi will only willing to cut production if all opec menber and shale oil producer willing to follow, so that, saudi still can retain its market share, if not, unlikely Saudi willing to scrafied and lets other to erode . Saudi despite at current budget deficit due to tumble in oil price, but it can hold longer than anyone in opec due to its long time pile of large reserve

Posted by hng33 > 2015-08-24 22:11 | Report Abuse

If US market can pare down and closed just below 2% drop, i think it wont affect tomorow so severely as it will indicate market alrdy absorbing most of negative news and it may instead give clue for tommorow Asia market that its time for rebound :)

Posted by jacklintan > 2015-08-24 22:12 | Report Abuse

Hopefully hng33....

Posted by kahhoeng > 2015-08-24 22:14 | Report Abuse

hng33, agree. But Saudi also has the most to lose when oil price is around 40. Think eventually it will have to be Saudi the first to announce cut and awaits other to reciprocate.

And a comforting news right now would be a gradual recovering in the US market

Posted by Roger123 > 2015-08-24 23:09 | Report Abuse

Dow"n" Jones plz drop more

Posted by Roger123 > 2015-08-24 23:10 | Report Abuse

Hahahaha. Just bought puncak on Friday. Regretted now.

Posted by Roger123 > 2015-08-24 23:11 | Report Abuse

Puncak plz down more. I am waiting it at 2.30

Posted by Roger123 > 2015-08-24 23:14 | Report Abuse

Hng: I am not worried at all. Planning to buy more. 55% of free cashflow+ flexi loan. Hahaha.

Posted by Roger123 > 2015-08-24 23:17 | Report Abuse

oger123 I just told u the truth. Believe or don't believe is up to u all. Let see wat will happen next....
10/08/2015 09:29
X
Roger123 I was discussed with one of the fm in Malaysia yesterday. Malaysia is in very serious situation now...
10/08/2015 09:33