Posted by jacklintan > 2015-08-26 14:13 | Report Abuse

Thank you Cheoky!

Posted by SinGor > 2015-08-26 14:38 | Report Abuse

kahhoeng. You should thank Muhyiddin instead. Fed wants to jump ship on the deal bcoz don't want to carry more debts.

Posted by hng33 > 2015-08-26 14:57 | Report Abuse

The progress of water disposal remain the MOST important catalyst to spur Puncak share price upsurge. The deadline is getting closer, so the outcome is either seal or delay, thus, the best is still keep some for continuous exposure, stany by capital reserve to ride on Puncak upsurge if deal seal, or bargain hunt delay again....must always keep free capital and ready to react in response to water development.

Posted by Roger123 > 2015-08-26 15:16 | Report Abuse

Singer cant sell because his price is higher than me........

Posted by hng33 > 2015-08-26 15:17 | Report Abuse

The progress of water disposal remain the MOST important catalyst to spur Puncak share price upsurge. The deadline is getting closer, so the outcome is either seal or delay, thus, the best is still keep some for continuous exposure, stany by capital reserve to ride on Puncak upsurge if deal seal, or bargain hunt delay again....must always keep free capital and ready to react in response to water development.

But, while waiting for final outcome, it is good opportunity to keep reap contra profit if share slump before final outcome available next month

Posted by Roger123 > 2015-08-26 15:19 | Report Abuse

kahhoeng: Y so sad? I loss more than u but i also didnt say anything... Hahaha. How many lot u hold now?

Posted by Roger123 > 2015-08-26 15:20 | Report Abuse

From the price, we all know that the deal will be delay again

Posted by Roger123 > 2015-08-26 15:20 | Report Abuse

I told u they will delay until oct or nov... and the dividend will pay out dec or jan

Posted by Roger123 > 2015-08-26 15:46 | Report Abuse

Faster buy back hng

Posted by hng33 > 2015-08-26 15:46 | Report Abuse

Sold off all balance T+1 and T+2 batch at RM 2.46, reap contra gain and free up capital

Posted by Roger123 > 2015-08-26 15:48 | Report Abuse

hahahahaha. I bought u sold..............

Posted by Roger123 > 2015-08-26 15:52 | Report Abuse

We maintain HOLD on Puncak Niaga Holdings Bhd with a lower SOP-based fair value of RM2.80/share (vs. RM2.92/share earlier).

Posted by fzank > 2015-08-26 16:01 | Report Abuse

lol ... pooncak ... boom-cak-cak boom-cak-cak .... hahaha
one more thing ..... xxxxxxxtan is really a Malaysian cha-bor ... lol

Posted by fzank > 2015-08-26 16:05 | Report Abuse

sell poon-cak to buy some hair-asia ???? lol

Posted by hng33 > 2015-08-26 16:07 | Report Abuse

hahaha, all should happy now, Puncak at 2.49 now

Posted by Roger123 > 2015-08-26 16:10 | Report Abuse

Hahahaha......

Posted by Roger123 > 2015-08-26 16:10 | Report Abuse

push push

Posted by kahhoeng > 2015-08-26 16:10 | Report Abuse

roger, I am not sad, I am furious, not because losing money, but because believing in what Azmin said! I don't know how much you have lost, but to me, I lost not just paper-wise, but opportunity to grab others. Azmin thinks he can main-main everyone, then I will show him my vote till I am dead!

Posted by hng33 > 2015-08-26 16:10 | Report Abuse

This is call win-win, realize contra profit, free up capital reserve and let earlier batch to gap closer to the cost :D)

Posted by Roger123 > 2015-08-26 16:12 | Report Abuse

Kahhoeng: U have email adress? send me... i will show u something

Posted by hng33 > 2015-08-26 16:16 | Report Abuse

hahaha...another clown show is making

Roger123 From the price, we all know that the deal will be delay again
26/08/2015 15:20

Roger123 I told u they will delay until oct or nov... and the dividend will pay out dec or jan
26/08/2015 15:20

Posted by Roger123 > 2015-08-26 16:20 | Report Abuse

Hahahahaha......Show something sweet mah. But is not true la

Posted by Roger123 > 2015-08-26 16:20 | Report Abuse

Motivation to kahhoeng

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

roger, its ok lah, I am rather motivated right now, thanks to our governments', state-wise and federal-wise, non-stop free jokes.

Posted by hng33 > 2015-08-26 16:33 | Report Abuse

RM 2.50 :D)

Posted by SinGor > 2015-08-26 16:44 | Report Abuse

News should be out this Friday or next week Wed Or else Roger wins ( delay )

Posted by Roger123 > 2015-08-26 16:54 | Report Abuse

Singer: wat u going to give me if i win? China doll?

Posted by SinGor > 2015-08-26 16:57 | Report Abuse

I give you Muhyiddin

Posted by Wiwangwang > 2015-08-26 17:01 | Report Abuse

No more delay . Singor win . Anyway both singor n roger also win $ in this puncak share .
After win this we have enough time to play KPS ... So everyone here HUART n HUART ar .. Good luck .. Deal done ..FED n STATE win -win

Posted by jacklintan > 2015-08-26 17:10 | Report Abuse

how do u know wiwangwang?

Posted by jacklintan > 2015-08-26 17:10 | Report Abuse

really this Friday news will out? no kidding and wolf me ok?

Posted by kahhoeng > 2015-08-26 17:15 | Report Abuse

Singor, thanks for the update

Posted by hng33 > 2015-08-26 17:17 | Report Abuse

Lets wait and see, if deal indeed confirm, will pour back today free up capital to ride on it, upsurge it to gap up 10-20 sen :D), so that earlier batch at cost RM 2.536 will gain higher, newer batch will gain smaller but at higher volume.....win-win. hope for the BESTTTTTTTTTTTTTTTTTTTTTT

Posted by hng33 > 2015-08-26 17:31 | Report Abuse

Selangor tak guna duit tabungan struktur industri air

SHAH ALAM, 24 OGOS: Kerajaan Selangor tidak menggunakan duit tabungan untuk mengambil alih semula industri air Selangor, kata Exco Infrastruktur dan Kemudahan Awam, Pemodenan Pertanian dan Industri Asas Tani, Zaidy Abdul Talib.

Sebaliknya, Zaidy berkata pengambil alihan itu melalui kaedah pajakan aset syarikat konsesi terlibat bernilai RM2 bilion kepada Pengurusan Aset Air Berhad (PAAB).

Zaidy“Manakala RM7.65 billion adalah jumlah liabiliti dipinjam syarikat konsesi air iaitu Syabas, Abass dan Puncak Niaga. Liabiliti itu dalam bentuk bon dan ianya digunakan untuk membangunkan aset air syarikat konsesi.

“Namun apabila Kerajaan Negeri mengambil alih syarikat konsesi ini, liabiliti berserta aset yang dibina menggunakan bon (RM2 billion) tersebut akan dipindahkan kepada Pengurusan PAAB.

“Air Selangor pula akan menyewa semula aset itu dari PAAB untuk digunakan. Ini adalah sebagaimana digariskan dalam Water Services Industry Act (WSIA) yang dibuat dan digubal di Parlimen,” katanya dalam kenyataan media hari ini.

Beliau berkata demikian sebagai pencerahan terhadap isu RM7.65 bilion melibatkan penstrukturan industri air di Selangor.

Posted by upsidedown119 > 2015-08-26 17:33 | Report Abuse

hng33. If deal sealed, I expect Puncak to gap up at least 50-60 sen. And subsequently to cross RM3.80. Then I can date jacklintan i.e. only if she is female and under 35 years old!

Posted by kahhoeng > 2015-08-26 17:40 | Report Abuse

upsidedown, thought jacklintan already said 'his/her' name is Jack and you still have hope?

Posted by hng33 > 2015-08-26 17:43 | Report Abuse

upsidedown119

hahaha, Good, if gap up 50-60sen, i will just sell all my Puncak and realize 20% gain :D)

Realize profit first at RM 3.00 is more important then hold paper profit for target RM 3.80, as there a still many stock at mega sale in current bursa now. But if profit taking set in, Puncak still worth to re-enter back at support/resistance level at RM 2.80, and wait for special dividend to be declared......potential stock can reap profit many many time hahahaha

Posted by upsidedown119 > 2015-08-26 17:45 | Report Abuse

kahhoeng. In the past she/he always said she is leng looi. Also her/his posting seems a bit feminine. However if she is LGBT, it may explain the femininity in her/his expression. If he/she is LGBT, then you can take over!

Posted by kahhoeng > 2015-08-26 17:54 | Report Abuse

upsidedown, I never believe in a relationship that's transferrable on conditions, haha... anyway, wish our Puncak share price will be at least 3.50 pre special dividend of 1 per share

Posted by upsidedown119 > 2015-08-26 17:55 | Report Abuse

hng33. Yeah, good thinking. Hope you are right.

Posted by hng33 > 2015-08-26 17:58 | Report Abuse

upsidedown119

In the investment journey, we need long term stamina. To me, preserve and protect capital is rule no 1 , take profit fast is rule no 2, willingness to cut loss and admit mistake or market disfavor your odds in rule no 3, to have free capital and anytime have standby capita to bargain hunt is rule no 4 and last, take desire and targeted profit is rule no 5.

Bear in mind, after water assets disposal, Puncak special dividend is one off declared, and the impact is also one off, must know these fact clearly. Even, Puncak flush with cash, but it must have ability to secure new viable business to fill up the gap earning. With current uncertainty market, if can reap 20% profit is consider very good already, of course you can expect 30%, 40% gain or even higher, but it come with risk and reward.

Posted by upsidedown119 > 2015-08-26 18:11 | Report Abuse

hng33. Thanks for sharing.

Posted by kahhoeng > 2015-08-26 18:19 | Report Abuse

hng33, your rules are hard to follow leh! still, thanks!

Posted by upsidedown119 > 2015-08-26 18:19 | Report Abuse

kahhoeng. I say thumbs up to Puncak at at least RM3.5 immediately after announcement of deal sealed!

Posted by Roger123 > 2015-08-26 18:56 | Report Abuse

Hey hey, Back to the reality........... plz... Singer.. I just asked. They said haven't yet. No such news... Friday or next week Wed. Still discussing...

Posted by upsidedown119 > 2015-08-26 19:12 | Report Abuse

From my reading of the market, I will be surprised if the announcement is this Friday.

Posted by kahhoeng > 2015-08-26 20:11 | Report Abuse

upsidedown, that would be great! the higher the merrier.

Posted by Ckk2266 > 2015-08-27 06:20 | Report Abuse

Maintain neutral with a lower target price (TP) of RM3.16: Puncak Niaga Holdings Bhd’s core pre-tax profit continues to be in the red for the second consec- utive quarter. This is largely due to the operating loss registered by the oil and gas (O&G) segment that has widened to RM20.1 mil- lion. However, inclusive of the water segment (classified under discontinued operations), group net profit rose substantially by 17.7% year-on-year (y-o-y) to RM125.2 million.
The O&G segment represented by its derrick lay barge business registered a second quarter end- ed June 30 of financial year 2015 (2QFY15) operating net loss of RM6.9 million compared to an operating profit of RM7 million in 2QFY14. The segment loss was attributable to lower activity lev- els and job opportunities, which can be seen from a decline in rev- enue of 87% y-o-y to only RM20 million in 2QFY15.
The company remains op- timistic that a final resolve for the water asset transfer can be achieved in 2015. To recall, the company on July 14 agreed with Pengurusan Air Selangor Sdn Bhd to extend the dateline for the fulfilment of the conditions precedent for the proposed water asset disposal to Sept 14, 2015.
Due to the dismal performance of the group’s O&G segment, we are revising our FY15 ending Dec 31 and FY16 core net profit earnings estimates downwards by 60.6% and 62.9% respectively.
Puncak Niaga Holdings Bhd
Source: MIDFR
Post completion of the dispos- al of water assets, the possibility of a special dividend of approxi- mately RM1 per share remains. Although our total percentage returns far exceed our threshold level to warrant a “buy” recom- mendation, we are making an exception by maintaining our “neutral” stance on Puncak Nia- ga with a revised TP of RM3.16 per share.
We are of the opinion that in- vestors should remain invested in profit from the special dividend post completion of the water transfer exercise. However, the future of the company remains uncertain as its core businesses remain weak, especially its O&G segment, which largely relies on its derrick lay barge. — MIDF Re- search, Aug 26

Posted by Ckk2266 > 2015-08-27 06:39 | Report Abuse

Big relief as S’gor gets water from Pahang for first time
http://www.freemalaysiatoday.com/category/nation/2015/08/27/big-relief-as-sgor-gets-water-from-pahang-for-first-time/

Posted by kahhoeng > 2015-08-27 08:33 | Report Abuse

Shameless Azmin ignores the facts n put selangor water supply at risk all because of politics