Posted by sudahkena > 2015-09-07 11:37 | Report Abuse

Relax2.... better we think how to clear road block 2.69.. roger selling???

Posted by hng33 > 2015-09-07 11:41 | Report Abuse

sudahkena

Relax, let allow other to take their share of profit. Wait for tomorrow confirmation.

Posted by king555 > 2015-09-07 11:45 | Report Abuse

dun argue la..make profit is most important..lets earn money sama sama

Posted by upsidedown119 > 2015-09-07 11:47 | Report Abuse

As for Puncak's sukuk: If fully converted, it will add free cash of RM160 million plus interest saved of RM6.5 milliion totaling RM166.5 million. So net cash per share should be RM(420m + 1555m + 166.5m)/532m = RM4.02 per share. After dividend of RM1, net cash per Puncak share would still be RM3.02. Any comments?

Posted by lctw87 > 2015-09-07 11:54 | Report Abuse

upsidedown119

I wish ur predicament comes ALIVE!!!

Posted by hng33 > 2015-09-07 12:02 | Report Abuse

upsidedown119

Waulau newbie newbie, first time in stock market !!?? Puncak issue RM 168m convertible sukuk to raise CASH RM 148m (sukuk issue at discount) in 2013.

So Puncak issue issue sukuku debt, 5 year tenure, pay coupon rate to sukuk holder. Sukuk holder have option to ask Puncak redeem back their debt paper at full RM 168m cash payable by Puncak or sukuk holder have option to exchange their sukuk debt into Puncak share at RM 2/share. Therefore, the net effect is if sukuk holder opt to exchange Puncak share, Puncak need not payback cash back to sukuk holder but need to issue new share to them.

Posted by upsidedown119 > 2015-09-07 12:14 | Report Abuse

Sifu hng33. I have factored all those into my calculation. Maybe I shouldn't the RM160m freed cash. But it will still be RM3.72 cash per share, no?

Posted by hng33 > 2015-09-07 12:19 | Report Abuse

upsidedown119

The net cash is about right, but there is definitely 100% wrong if your ever think there is additional RM 160m from sukuk conversion, it will however, save Puncak interest expense if sukuk holder opt for share conversion.

Posted by upsidedown119 > 2015-09-07 12:19 | Report Abuse

lctw87. It's 'prediction' as in guessing the future. 'Predicament' means a dilemma.

Posted by stoCKTANgerin > 2015-09-07 12:49 | Report Abuse

要稳定，不要乱，不要内讧~

Posted by Vaylens Chong > 2015-09-07 12:49 | Report Abuse

CAN BUY MORW!!!!!!!!!!!!!!!!

Posted by CaoCao > 2015-09-07 14:23 | Report Abuse

Totally agreed with hng33.

Posted by sudahkena > 2015-09-07 14:34 | Report Abuse

Kps start engine???
Hopefully can get free promotion fr media today.. n close 2.80

Posted by hng33 > 2015-09-07 15:03 | Report Abuse

here you go, now RM 2.70 become buyer already :D)

Posted by upsidedown119 > 2015-09-07 15:22 | Report Abuse

Expect strong resistance at 2.70. It should be overcome and close above 2.70 today since signing is tomorrow.

Posted by kahhoeng > 2015-09-07 16:09 | Report Abuse

fainted, KPS up 14% while Puncak up only 7%. Thought KPS has SPLASH yet to be concluded and should face more uncertainties... Sigh, 股海无涯啊！

Posted by hng33 > 2015-09-07 16:16 | Report Abuse

kahhoeng

Aiyo, why keep fated, just expose two of them lar, Puncak and KPS as said earlier is buddy, go in same direction

Posted by hng33 > 2015-09-07 16:19 | Report Abuse

kahhoeng

Puncak CG now another good leverage exposure to Puncak, but i've bought some CG with my residue capital.

Posted by hng33 > 2015-09-07 16:28 | Report Abuse

kahhoeng

Why 欲哭无泪!? You already gain in Puncak albeit at just smaller profit margin than KPS or Puncak CG......Imaging, if deal delay again, KPS and Puncak CG will also more badly hit if compared to Puncak......this is call risk and reward ma.

Posted by kahhoeng > 2015-09-07 16:29 | Report Abuse

hng33, I took your advice and read KPS quarter report. Knowing about KPS's involvement in SPLASH, thought I can take the profit from Puncak to buy some KPS later. Instead, 欲哭无泪啊, KPS is rising faster than Puncak.

Also, got burnt once by Puncak call warrant, decide not to touch given my naivety about Malaysia politics.

Posted by hng33 > 2015-09-07 16:30 | Report Abuse

upsidedown119

You better relook at Maybank now, you so call sinking Maybank may even revive to gain territory.

Posted by kahhoeng > 2015-09-07 16:31 | Report Abuse

hng33, if I had listened to your advice and split maybe 20% into KPS while still keeping 80% in Puncak (It would be hard for me to switch more given my nature,) I would have made more mah. So, of course, 欲哭无泪啦！

Posted by hng33 > 2015-09-07 16:34 | Report Abuse

kahhoeng

It just a matter of profit margin, so long we can reap profit everyone should HAPPY already.

Posted by hng33 > 2015-09-07 16:38 | Report Abuse

kahhoeng

I think your 欲哭无泪 should be more applicable to upsidedown119 for his arrogant on Maybank sinking and down till ocean is limit.

Posted by kahhoeng > 2015-09-07 16:47 | Report Abuse

hng33, I am still making losses in Puncak, my cost is 3.00 per share... A 20% switch to KPS could reduce my losses by 2.5% (I am leveraging in Malaysia stocks)

Posted by arvin6 > 2015-09-07 16:58 | Report Abuse

That is another thing to worry is no any confirmation announcement from our selangor state government .

Posted by upsidedown119 > 2015-09-07 17:08 | Report Abuse

hng33. Come on, I was just dissing you lah on Maybank. Don't take it so seriously.

Posted by upsidedown119 > 2015-09-07 17:10 | Report Abuse

hng33. Besides I said only IF Maybank sink below 8.20, would it sink to no one knows the limit. Ocean's bottom the limit only a figure of speech.

Posted by upsidedown119 > 2015-09-07 17:12 | Report Abuse

Let's concentrate on making money with Puncak.

Posted by hng33 > 2015-09-07 17:16 | Report Abuse

upsidedown119

You mean you are dissing me !?

Posted by sudahkena > 2015-09-07 17:29 | Report Abuse

Yess... where azmin....or exco... plz comments

Posted by upsidedown119 > 2015-09-07 17:51 | Report Abuse

Dissing means making good fun out of a person, man or woman, usually picking on his/her particular characteristics. Just for fun. Otherwise forum would be dull.

Posted by stockraider > 2015-09-07 17:57 | Report Abuse

Raider see the end game of Puncak is coming, with the disposal of water assets.
So most important is to establish the fair value of Puncak.
Raider see the fair value around Rm 3.00 to Rm 3.40 level.

What do u all think ?

Posted by stockraider > 2015-09-07 18:07 | Report Abuse

Raider see the end game of Puncak is coming, with the disposal of water assets.
So most important is to establish the fair value of Puncak.
Raider see the fair value around Rm 3.00 to Rm 3.40 level.

What do u all think ?

Posted by jolie2 > 2015-09-07 18:17 | Report Abuse

tp 3.33

always alive

Posted by kahhoeng > 2015-09-07 18:23 | Report Abuse

alas, fair value less than cash in hand after asset disposal? If I were not wrong, fair value should be between 3.70 - 4.20, but most likely share price will be lower given current market sentiment. Still, it should be traded between 3.30 and 3.80. It could be higher if Rozali can get big infrastructure projects in coming months with strengthened balance sheet after disposal. Personally, I will be very happy if Puncak crosses 3.50 and extremely happy if it crosses 3.70.

Posted by ckk2266 > 2015-09-07 19:02 | Report Abuse

http://m.selangorku.com/?post=80757

Posted by money888 > 2015-09-07 19:05 | Report Abuse

Awesome news! tomorrow Puncak continue up up up!!!!

Posted by cheoky > 2015-09-07 19:17 | Report Abuse

Wish up up up all the way for puncak

Posted by hng33 > 2015-09-07 19:37 | Report Abuse

Yesssssss, all news confirmed

Posted by sudahkena > 2015-09-07 19:44 | Report Abuse

Yess.. but ringgit keep dropping. . Hope not effect puncak..

Posted by sudahkena > 2015-09-07 19:48 | Report Abuse

Hng.. if completed tommorow.... I will tomorrow is ur day again. .

Posted by stoCKTANgerin > 2015-09-07 20:22 | Report Abuse

Aim BIG mah...
Let's aim for 30% ceiling price (limit up) tomorrow = RM3.51.
Dare to dream BIG~
Limit Up and then get UMA, this is the BEST dream~

Posted by sudahkena > 2015-09-07 20:32 | Report Abuse

Wonder can it go rm3.00 ...... huh.....

Posted by SinGor > 2015-09-07 20:35 | Report Abuse

HaHa All the best

Posted by kahhoeng > 2015-09-07 21:01 | Report Abuse

Singor, finally you are showing up, your news is right!

Posted by stockwiz > 2015-09-07 21:04 | Report Abuse

Hi fellow investors,

We have screened on PUNCAK NIAGA HOLDINGS BHD on 7 Sep that it has a potential up side in this week

You may get the daily stock screening after 9:00PM for potential upside stocks for the next trading day. It's free and you may sign up at.

http://www.stockwiz.info/home/register

or visit our facebook page

https://www.facebook.com/smartstockwizard

Thanks and see you there
StockWiz

Posted by jacklintan > 2015-09-07 22:58 | Report Abuse

POSITIVE take over this time. No more delay. Suddenly everything is shining & nice.

Posted by Wiwangwang > 2015-09-07 23:09 | Report Abuse

Singor our source is same . The deal will done on time . They say will double happiness .. Dunno what mean .. Anyway we all is huart ar .. Huart ar ..

Posted by SinGor > 2015-09-08 00:02 | Report Abuse

HaHa Roger has given me a big angpau the other day by selling all his puncak portfolio
(300K). Got many contracts in Langat2 going all Green at the same time--so very busy.
Big Big party till year end for everybody. Kahhoeng left 2014 CNY with a sour note but this time he can claim back every things