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

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24 people like this.

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

Roger123

1,821 posts

Posted by Roger123 > 2015-08-27 13:51 | Report Abuse

Hng: Any latest news? Buy or sell?

Roger123

1,821 posts

Posted by Roger123 > 2015-08-27 13:52 | Report Abuse

Hng: Why so quiet today? Training ur kuai fa bao tian?

hng33

20,463 posts

Posted by hng33 > 2015-08-27 15:34 | Report Abuse

hahaha, clown Roger still dreaming !!?? these morning already accumulate BIG sum of KPS at 1.15, now siting on handsome paper profit already lor....waiting for water restructuring news now

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-08-27 15:39 | Report Abuse

hng33, may I know why are you choosing KPS instead? I have been trying to evaluate KPS based on announcement, but no information is available on restructuring's impact on KPS for the analysis. Seems like KPS is stuck with SPLASH valuation?!?...

sudahkena

1,804 posts

Posted by sudahkena > 2015-08-27 16:04 | Report Abuse

Rozali - can complete in 3 days... paab - end of ogos or early sept..

ths time no more excuse unless fed really want it delay....

cheoky

2,823 posts

Posted by cheoky > 2015-08-27 16:14 | Report Abuse

Sudahkena you guess or reported info?

sudahkena

1,804 posts

Posted by sudahkena > 2015-08-27 16:17 | Report Abuse

Just flash back

sudahkena

1,804 posts

Posted by sudahkena > 2015-08-27 16:18 | Report Abuse

But.. ths time if delay again... I wil give up

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-08-27 16:23 | Report Abuse

our politicians are hopeless lah... Unfortunately, I am not Muslim and have no intention to become one, otherwise can pray to Allah, read an article saying some Muslim Brunei believe Brunei's oil is due to praying to Allah...

cheoky

2,823 posts

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

if works, why not be a muslim

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-08-27 16:36 | Report Abuse

No religion affiliation, n have no intention to have one, at least for some foreseeable future

hng33

20,463 posts

Posted by hng33 > 2015-08-27 17:08 | Report Abuse

kahhoeng

I'm interested in KPS as it is closely track Puncak performance and also involve water restructuring to disposed its 91% Abbass and pending 30% splash deal

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-08-27 17:56 | Report Abuse

Hng33, thanks. Anyway to value kps & its nta, cash position after restructuring?

jacklintan

1,722 posts

Posted by jacklintan > 2015-08-27 21:00 | Report Abuse

seriously at this point of time, I'm feeling very disappointed with Puncak....

jacklintan

1,722 posts

Posted by jacklintan > 2015-08-27 21:01 | Report Abuse

Why water issue drag for such a long time??! After khalid, ongkilili and now even azmin, nothing is done. politician, please don't stir Puncak. Please go far far away. -- feeling disappointed

cheoky

2,823 posts

Posted by cheoky > 2015-08-27 23:11 | Report Abuse

Analysis done, now can only pray for best outcome bro. Wish for best. Otherwise withdraw from this stock. That all u can do.

jacklintan

1,722 posts

Posted by jacklintan > 2015-08-27 23:29 | Report Abuse

Thanks cheoky. At the main time, will remain in my position until total yield from Puncak.

sudahkena

1,804 posts

Posted by sudahkena > 2015-08-28 00:14 | Report Abuse

Last friday in ogos.. plz good news

Roger123

1,821 posts

Posted by Roger123 > 2015-08-28 02:41 | Report Abuse

Hng: Dont follow me ler. I was accumulating kps these few days. U also bought. Means i need to sell la.

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-08-28 09:06 | Report Abuse

Recently reported news seems to point to a deal completed soon. Yet, Puncak share price has yet to show response, wonder if investors have lost faith in this deal?!?


http://www.themalaysianinsider.com/malaysia/article/restructuring-doesnt-mean-end-of-free-water-says-selangor-body

Restructuring doesn’t mean end of free water, says Selangor body

Selangor's water restructuring exercise will not hamper its free water programme, state-owned entity Pengurusan Air Selangor Sdn Bhd said today, although it will still proceed with a study to analyse water usage to ensure the programme benefits intended recipients in the lower-income and needy group.

Air Selangor's chief executive officer Suhaimi Kamaralzaman said there was no plan to discontinue the free water programme, echoing a statement by Selangor Menteri besar Mohamed Azmin Ali recently.

“Domestic premises in Selangor will continue to enjoy free water even after the ongoing restructuring water industry exercise is completed, as mentioned by the menteri besar. There is no plan to discontinue the programme," he said in a statement today. googletag.cmd.push(function() {googletag.display('div-gpt-ad-1400601790726-3');}); But Air Selangor would go ahead with an in-depth study on the free water programme which began in 2008, he added, and present findings to the state government and stakeholders.

"This is to ascertain whether the free water programme actually benefits the intended users, particularly lower-income earners, less fortunate and families as well as those requiring long-term medical assistance."

Suhaimi added that the majority of households in the state did not pay for water if they used less than 20 cubic metres. Azmin had on August 17 said the state government might have to review the free water programme as the subsidy for those who could afford to pay for water was "unfair".

He said the state wanted to ensure the targeted groups benefited from free water and invited Selangor assemblymen to debate the matter.

Azmin also said that a review did not mean the state would abolish the free water programme. Selangor is in the final stages of restructuring its water industry under an offer to take over four concession companies for RM9.65 billion.

From the RM 9.65 billion, Putrajaya is allocating RM2 billion to the state government to take over the equity in the four companies, Suhaimi said today.

The state will then transfer the same amount in water assets to a water management board, Pengurusan Aset Air Berhad (PAAB), which will lease back the assets to Air Selangor.

The balance of RM7.65 billion will cover the outstanding water-related debts owed by the four concessionaires – Puncak Niaga Sdn Bhd (PNSB), Syarikat Bekalan Air Selangor Sdn. Bhd. (SYABAS), Syarikat Pengeluar Air Selangor (SPLASH) and Konsortium ABASS Sdn Bhd (ABASS). – August 27, 2015.

iamnat

103 posts

Posted by iamnat > 2015-08-28 09:38 | Report Abuse

Today got a big event in syabas. Maybe they will announce something?

hng33

20,463 posts

Posted by hng33 > 2015-08-28 09:40 | Report Abuse

hng33 Bought KPS at 1.15
27/08/2015 09:46

Roger123 Hng: Why so quiet today? Training ur kuai fa bao tian?
27/08/2015 13:52

hng33 hahaha, clown Roger still dreaming !!?? these morning already accumulate BIG sum of KPS at 1.15, now siting on handsome paper profit already lor....waiting for water restructuring news now
27/08/2015 15:34

hng33 Sold back some KPS at 1.19-1.20, realize contra gain.
27/08/2015 16:59

Roger123 Hng: Dont follow me ler. I was accumulating kps these few days. U also bought. Means i need to sell la.
28/08/2015 02:41

hahahaha, Idiot and clown roger don make foul of yourself lar, you know nothing in stock trading.

SinGor

4,929 posts

Posted by SinGor > 2015-08-28 09:46 | Report Abuse

All documents are off the Tables last week. That is the reason I think announcement could be
this week or Next week

iamnat

103 posts

Posted by iamnat > 2015-08-28 09:51 | Report Abuse

A lot of police cars in front of syabas office. A lot of heavy arned police also this morning at syabas gate. Wonder what's going on.

SinGor

4,929 posts

Posted by SinGor > 2015-08-28 09:55 | Report Abuse

Most likely Puncak, Abyass and Syabas will Kick Off First bcoz they want to prevent a
political Tantrum throw out by ROZALI ( very very impatient man Now)

SinGor

4,929 posts

Posted by SinGor > 2015-08-28 10:00 | Report Abuse

Maybe Najib is coming to Syabas to tell Rozali the Good news

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-08-28 10:08 | Report Abuse

Singor, thanks. How come you know so much one, fainted!

cheoky

2,823 posts

Posted by cheoky > 2015-08-28 10:08 | Report Abuse

this is it?

cheoky

2,823 posts

Posted by cheoky > 2015-08-28 10:13 | Report Abuse

SinGor Most likely Puncak, Abyass and Syabas will Kick Off First bcoz they want to prevent a
political Tantrum throw out by ROZALI ( very very impatient man Now)
28/08/2015 09:55

What do you mean, Singor?

SinGor

4,929 posts

Posted by SinGor > 2015-08-28 11:00 | Report Abuse

I think money for Splash is No problem but how to explain another 2.8 bill is needed is very
sticky

iamnat

103 posts

Posted by iamnat > 2015-08-28 11:00 | Report Abuse

Maybe he come ask rozali for donation ... Lol

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-08-28 11:07 | Report Abuse

Singor, Khalid waiting to fire more if splash bid is higher

upsidedown119

4,326 posts

Posted by upsidedown119 > 2015-08-28 11:16 | Report Abuse

They likely raise price for SPLASH 'cause one of the owners is a staunch Anwar supporter/financier. That's one of the reasons they kicked out Khalid!

Wiwangwang

238 posts

Posted by Wiwangwang > 2015-08-28 11:21 | Report Abuse

Just tell the truth . SPLASH 1x of NBv is 2.8b . They not asking for more than 1x of nbv . Everyone should understand including ex mb if today your business nbv is 2.8b will you sell your business at 250million? Our ex mb is a smart business man if the offer price can done the deal . He will done it early not event want to use wsia to close the deal .

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-08-28 11:31 | Report Abuse

Don't think Khalid cares if the deal is fair, his exit from pkr is ugly with humiliation. Politicians are human too, n particularly greedy & selfish (I m not referring to statesman)

SinGor

4,929 posts

Posted by SinGor > 2015-08-28 11:36 | Report Abuse

Don't want to talk about Khalid bcoz he will be a bankrupt if he doesn't offer to buy at 250m.
A bankrupt cannot be a MB so he is trapped. Now he just talk trash----100times worst than
Azmin

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-08-28 12:07 | Report Abuse

Singor, agree, but still I dislike azmin more

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-08-28 14:11 | Report Abuse

i just check, Splash has water treatment plant capacity of 2000 MLD valued at 1.58 billion while PNSB's capacity at 1931 MLD valued at 1.35 billion. Is it because Splash is highly leveraged that it's getting little for its equity compared to PNSB?

jacklintan

1,722 posts

Posted by jacklintan > 2015-08-28 14:12 | Report Abuse

already 2pm. No annoucement yet.--waiting anxiously. Suspect another kes tipu rakyat BNPKR

cheoky

2,823 posts

Posted by cheoky > 2015-08-28 14:29 | Report Abuse

another day waiting......sien

sudahkena

1,804 posts

Posted by sudahkena > 2015-08-28 14:39 | Report Abuse

Must stock up.. but puncak down..

Roger123

1,821 posts

Posted by Roger123 > 2015-08-28 15:06 | Report Abuse

Singer: There will be no announcement today..

cheoky

2,823 posts

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

no announcement is good announcement....

SinGor

4,929 posts

Posted by SinGor > 2015-08-28 15:52 | Report Abuse

Azmin going to Bersih. Better Not hit by a gas cannister or else next week also no hope
for announcement

SinGor

4,929 posts

Posted by SinGor > 2015-08-28 15:55 | Report Abuse

Yesterday i was discussing with my bersih friends whether we should armored below the
belt (just in case)

jacklintan

1,722 posts

Posted by jacklintan > 2015-08-28 16:23 | Report Abuse

I hope your weapon won't be used to against you. Pepper spray will be sufficient for you. hahaha

money888

430 posts

Posted by money888 > 2015-08-28 16:43 | Report Abuse

seems got ppl purposely sell down puncak...100 share each sell transaction.

cheoky

2,823 posts

Posted by cheoky > 2015-08-28 16:54 | Report Abuse

gogogo? on schedule? roger lost to Singor?

jacklintan

1,722 posts

Posted by jacklintan > 2015-08-28 18:26 | Report Abuse

Bersih 4.0 main sponsor is Pakatan. So, let azmin finish his project first for tomorrow. After that, plenty of time for Puncak to fly. Ok? Have to stay positive no matter what.
Still waters runs deep. Puncak is one.
Happy Merdeka 2015.

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