Posted by kahhoeng > 2015-09-09 09:49 | Report Abuse

can't tahan seeing the price drop, bought some at 2.69 and 2.71. hope I am not catching a falling knife, sigh!

Posted by hng33 > 2015-09-09 09:52 | Report Abuse

If you all calculate properly, Puncak share indeed response to the good news alrdy, up by 10% in share price, from 2.47 (lowest price in last 3 days) to 2.76 (highest price today), so what to complain? it just that share react in advance on Monday after news leak on agreement to be signed. Therefore, only clown Roger keep on complaining that 'Such a good news, but no reaction and it is falling......which in reality is these clown already sold his stake at 2.47-2.52 when he trying hard to cut loss.....

'Roger123 Singer: But i will keep pressing down the price. Plz buy 2.52
02/09/2015 16:05'

Thus, just let profit taking set in, allow time to absorb, then wait for next catalyst to release next...special dividend RM 1/share

Posted by smartly > 2015-09-09 09:55 | Report Abuse

i will buy back if dip to 2.60. :p

Posted by smartly > 2015-09-09 09:56 | Report Abuse

hng33, you good man. make ton liao. :)

Posted by sudahkena > 2015-09-09 09:56 | Report Abuse

First ceremony should on jan 2015 n the share price is rm3..... now after sign.. only 2.70... how can....

Posted by kahhoeng > 2015-09-09 09:56 | Report Abuse

hng33, my feeling is, traders are trading due to Bollinger Band or whatever other technical indicators telling them to sell. Truth is, barely any analyst has responded towards the signed agreement, as if the four agreements carry no weight and only a cash transferred to Puncak by Selangor has any meaning. Even the Edge has reported with a focus on what next with Gamuda's Splash, as if deal is a long time to go, giving false impression to what's between Puncak and Selangor state coming to a closure. Reason as to why so, frankly, that would be totally out of my understanding already!

Posted by sudahkena > 2015-09-09 09:57 | Report Abuse

Roger... do u work with fund manager?

Posted by hng33 > 2015-09-09 09:58 | Report Abuse

As mention earlier, after condition precedent is fulfill, Puncak still need time to set the dividend entitlement date and ex-date. Therefore, there is time gap, but for those long term holder, buy and hold, can just wait till the dividend is declare,

Posted by hng33 > 2015-09-09 10:00 | Report Abuse

smartly

Don think Puncak will dip to 2.60 again after news out. I think Puncak still will trade around 2.65-2.70 level and its is good level for me to slowly accumulate back already.

Posted by sudahkena > 2015-09-09 10:02 | Report Abuse

Maybe lth not join us to buy since ths is non shariah counter...

Posted by rich_ > 2015-09-09 10:02 | Report Abuse

Is EPF too poor to buy Puncak? Why they buy other counters but not Puncak?

Posted by hng33 > 2015-09-09 10:03 | Report Abuse

sudahkena

You must also take into market sentiment and overall market condition now compared to earlier 2015

Posted by kahhoeng > 2015-09-09 10:04 | Report Abuse

rich, guess unless Rozali is telling EPF a rosy picture after disposal, EPF won't buy long term. Unless they also see short term gain in the deal...

Posted by smartly > 2015-09-09 10:04 | Report Abuse

not sure. hope it can get there for me to grab back, if can't will see how it goes.
may be offer higher price then...

Posted by smartly > 2015-09-09 10:09 | Report Abuse

kahhoeng, you did not sell this round ?
what is your cost ?

Posted by hng33 > 2015-09-09 10:09 | Report Abuse

kahhoeng

EPF now is very active in contra trading, rolling on and on. I'm follow it to also sold off all skept today at 1.78, realize paper profit and free up all capital. If together with today free up capital from Puncak, my portfolio now is at more than 74% cash holding and is always ready to bargain hunt with my free available capital

Posted by upsidedown119 > 2015-09-09 10:20 | Report Abuse

EPF buys oversea for higher profits and because of falling ringgit which translate to higher profits both ways. I have not seen proof that EPF is rolling the stock market like hng33 i.e. like a casino. It could be against its charter. Can anyone confirm?

Posted by kahhoeng > 2015-09-09 10:21 | Report Abuse

smartly, my cost is 3 after including interest cost and selling cost. Well, slightly lower with today's added position. Truth is, regret doing it, mainly because I have meant to pare down my position for some time.

hng33, agree, that's why I said unless they also see short term gain in the deal (I mean EPF as they here)

My guess, based on technical trend (things that I never believe but try to comprehend), Puncak is still on an uptrend. Fundamentally, price barely reflects cash in hand. Furthermore, analysts on Puncak seem to be still in sleeping mode and do not react. Edge has been harsh on Puncak particularly. While agreeing to a concluded water restructuring, Edge has purposely focused on 'things yet to be done' with Splash. Probably that's why I am adding some more today, or just merely because I am upset with biased financial news reporting?

Posted by smartly > 2015-09-09 10:22 | Report Abuse

kahhoeng, probably, you can lie yr hope on the dividend. once this is declared hopefully it surge above 3. there is still a hope.

Posted by kahhoeng > 2015-09-09 10:26 | Report Abuse

roger, I have an average holding cost of 3, how can I earn? If you were to base on my purchase a few days back at 2.48, then, of course yes. But I am not ostrich leh...

Posted by upsidedown119 > 2015-09-09 10:28 | Report Abuse

I will still say patience will be rewarded.

Posted by hng33 > 2015-09-09 10:28 | Report Abuse

hahahah, clown Roger123, you are just a clown and play trick here again,....... ' U earned just a slim profit for the deal u have been waiting for so long but not supernormal profit, worth?...... hahaha what a nonsense!!?? my consecutive accumulated super normal profit or super unnormal slim profit is still far far more than your spinning pump up dump low, keep on your cut loss skill lorr.

Posted by iamnat > 2015-09-09 10:32 | Report Abuse

Roger is a sad sad man. No attention in real life come here to seek cheap attention. Let him be, let him be. We got better things to be concerned about.

Posted by hng33 > 2015-09-09 10:33 | Report Abuse

Roger123 Kahhoeng: U earned? ........I think kahhoeng did mention he seem bought Puncak at 2.47 from you right? so if kahhoeng will to account these batch, he definite thank for your pump high dump low, cut loss to sell to him at 2.47 last week and Kahhoeng is now sit on 10% paper gain already.

But of course, Kahhoeng seem prefer to average down from his previous higher cost, and unwilling to take profit based on batch by batch price.

Posted by hng33 > 2015-09-09 10:37 | Report Abuse

Clown Roger123, go back and wash your fake mask again lor, i already mention here many time, even gap up, it will within 20sen range and warn time gap ahead. Your liar is just keep yourself fall after fallen again. Poor clown

Posted by kahhoeng > 2015-09-09 10:41 | Report Abuse

I have added more Puncak today at 2.68, 2,69, and 2.71 by selling almost all of my MNRB. Hope this is not a stupid decision.

Posted by SinGor > 2015-09-09 11:01 | Report Abuse

If Azmin said is correct--in 10 trading days, Puncak will get paid and Air Selangor will control
Puncak and Syabas by 01 Oct then as usual what i told Roger---Sell lah
My runner is busy today but i will send him back to verify this matter. Anyway please SELL.

Posted by EPF_sell > 2015-09-09 11:09 | Report Abuse

Sold today RM 2.70-2.76. Thanks to those buying.

Posted by ec1705 > 2015-09-09 11:11 | Report Abuse

kahhoeng don't get so stressed up la, will probably see many more profit taking along the way but likely to see higher low and higher high from now on... 忍 and relak sikit la.

Posted by kahhoeng > 2015-09-09 11:15 | Report Abuse

added some at 2.67, fainted, the more I buy, the more it falls

err... its not because I am stressed up, but upset with how the whole issue is treated.

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

patience...telling to myself lolx. People confirmed will give u 1.5bil within half a month for it, what is it selling now? the rest of assets percuma? hopefully can be vindicated...

Posted by hng33 > 2015-09-09 11:19 | Report Abuse

kahhoeng
Still have many opptunity to accumulate slowly, today index surge may follow next day loss, so, please conserve your cash and slowly bargain hunt, if not you will be even desperate if Puncak price at even good bargain in next few days.

Posted by cheoky > 2015-09-09 11:20 | Report Abuse

roger using multiple username? appointed agent for big fund ar?

Posted by jolie2 > 2015-09-09 11:22 | Report Abuse

roger is crownford tan.
i like to dream.

Posted by kahhoeng > 2015-09-09 11:29 | Report Abuse

hng33, actually, I didn't add position by enlarging my portfolio except for when purchasing Puncak at 2.48, I merely sold some others to buy Puncak today.

Posted by hng33 > 2015-09-09 11:34 | Report Abuse

kahhoeng

Good, in investment, we must have discipline and have investment plan ahead. Its a long term and only people with stamina can last as long as what we want.

Posted by looyee > 2015-09-09 11:36 | Report Abuse

Ok hng33, i will follow u this round..wait for nx few daysnto buy a few puncak if price down

Posted by hng33 > 2015-09-09 11:36 | Report Abuse

Bought back some Puncak at 2.65

Posted by goodguess > 2015-09-09 11:39 | Report Abuse

puncak pricing already factor in dividend 1.00 Because don't know what their future plan and whether it will work out well. most analyst not committed to high price. Still base on solid value on cash of 3.40 after selling, if investing for long term should be ok. I think more upside for KPS due to wild card of privatisation and selangor Govt can do it with a free hand without interference. At 1.30 wait for privatisation of 2.50, long wait also worth it.

Posted by hng33 > 2015-09-09 11:45 | Report Abuse

Bought more Puncak at 2.66-2.67

Posted by hng33 > 2015-09-09 11:55 | Report Abuse

Slowly accumulating back Puncak on weakness

Posted by SinGor > 2015-09-09 12:00 | Report Abuse

Checking Puncak for official announcement ( submitting Document to Air Selangor for
Payment) Could be this week

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

hahaha, of course, Yes, Air Selangor must first fully settle RM 1.55 billion to Puncak, then only can consider the deal is total complete :D)

Posted by kahhoeng > 2015-09-09 12:20 | Report Abuse

how come I have a feeling that today's drop is by specialists selling to try the market and an attempt to buy low?

Posted by sudahkena > 2015-09-09 12:31 | Report Abuse

I also disappointed n feel like u kahhoeng....

Posted by SinGor > 2015-09-09 12:33 | Report Abuse

Selling pressure from previous run up about 2mil shares ( gained 20 cents) should be
dispersed by now. Expect run-up this afternoon.

Posted by kahhoeng > 2015-09-09 12:38 | Report Abuse

Sudahkena, don't be disappointed. probably will rise this afternoon, think will close at least 2.71, if you look at the close yesterday. Very similar, open higher to sell down during the day and ended up closing at a price higher than the close of previous day.

Singor, I have the same feeling. see above

Posted by hng33 > 2015-09-09 12:43 | Report Abuse

kahhoeng

As mention earlier, Puncak 2.65-2.70 is good re-entry price level.

Posted by cheoky > 2015-09-09 13:02 | Report Abuse

In Singor, I trust puncak. wakaka

Posted by Wiwangwang > 2015-09-09 13:22 | Report Abuse

Aiya what you all worry for . We already hold this puncak stock more than one year . Now is the time to get our wind fall durian . Just wait it across rm3.** then can sell off the share n switch to kps or gamuda for the final round earning . Everyone here huart ar .. Huart ar