Posted by cheoky > 2015-09-09 13:23 | Report Abuse

look like bone left only for abbas and splash deal le

Posted by sudahkena > 2015-09-09 13:36 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2015/09/09/Puncak-may-reward-shareholders-from-sale-of-water-assets/?style=biz

Posted by money888 > 2015-09-09 13:46 | Report Abuse

will see rally up in the afternoon!

Posted by jolie2 > 2015-09-09 13:51 | Report Abuse

the good foods always serve last.
kps will eat the best one since it will be serve later.

Posted by kahhoeng > 2015-09-09 14:00 | Report Abuse

Sudahkena, never know why am research so hard on puncak, will distribute special dividend ended up as may...

Posted by jolie2 > 2015-09-09 14:11 | Report Abuse

kps and puncak like brothers

Normally the elder ones let the young brother to eat first. But the young brother very kesian the old brother and left some good foods to the old brother to eat.

Then both brother also happy.

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

Sell more. Have to announce here because cannot announce in Bursa announcement.

Posted by SinGor > 2015-09-09 15:01 | Report Abuse

Roger have you reincarnated into EPF_sell. I know you. One day don't talk is like being stab thousand times --just cannot " tahan"

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

wiwangwang, surely upset, given my exposure and time spent on Puncak. Puncak price rose less than 10% on the news (big joke given market cap is much smaller than offered price for Selangor water asset) and it has already dropped due to 'technical correction.' Meanwhile, can't understood how on earth, both Edge and analysts barely respond on the news. I would understand had Edge raised concern about Azmin's willingness to complete deal. Instead, the news is ignored until late evening. To say that Edge is barred from joining is absurd given that Selangor state could have invited Edge! I don't know what's behind the whole issue, but strange is definitely what I smell since the last few days.

Another big joke by Am Research, 'uncertain future' with cash in hand of over 1.8 billion upon deal completed, so target price remain 2.80, a far cry below its cash in hand then, as if Rozali will eat all those money once Puncak receives the money.

Posted by cheoky > 2015-09-09 15:04 | Report Abuse

lolx. felt the same. roger syndicate skill is very low...

Posted by cheoky > 2015-09-09 15:06 | Report Abuse

maybe am research hire artists to do analysis. they should hire us and hng lo.

Posted by sudahkena > 2015-09-09 15:10 | Report Abuse

Overall market n asean up.. but puncak down a bit... a long waiting news not interesting anymore???

Posted by amma > 2015-09-09 15:12 | Report Abuse

selling in this stock...all funds will sellout..

Posted by ec1705 > 2015-09-09 15:20 | Report Abuse

maybe payment is issued through 1**B cheque book...

Posted by kahhoeng > 2015-09-09 15:34 | Report Abuse

sudahkena, go and read today Edge's article on restructuring and assume you have no prior knowledge about Puncak. If you get attracted to Puncak share, I would be very surprise. If we can't bring demand for the stock, how would you be able to 'drive' up the price?

Posted by iamnat > 2015-09-09 15:52 | Report Abuse

a lot of us are dissapointed (including myself) because hold so long already and expecting it to be at its year high almost RM4. but actually since the news broke out on monday it has risen by almost RM0.20. not bad la actually. some contra players or newbie to this stock would be very much happy selling it today to take profit.

Posted by jacklintan > 2015-09-09 15:54 | Report Abuse

vacant contract signed vs monetary issue.

Could this be the reason why the price didn't rocketed?

Investors are not convinced by Puncak numerous months of cry wolf?

Posted by hng33 > 2015-09-09 16:11 | Report Abuse

hahaha, clown Roger want to play trick again

Posted by jacklintan > 2015-09-09 16:12 | Report Abuse

Roge123: Again, where you heard the news? Justification please.

Posted by hng33 > 2015-09-09 16:15 | Report Abuse

jacklintan

Later clown Roger will ask you give him email address....insider news ....can not disclosed here....bla bla. So many time already, clown trick hahaha

Posted by hng33 > 2015-09-09 16:20 | Report Abuse

clown Roger Get Loss lar

Posted by iamnat > 2015-09-09 16:21 | Report Abuse

now even look more clown than ever

Posted by hng33 > 2015-09-09 16:21 | Report Abuse

So far, already bought back more than 60% of today stake at average RM 2.667 :D)

Posted by ikanbilis789 > 2015-09-09 16:22 | Report Abuse

dun fight ma. we all want make $$$ and huat together ma.

Posted by kahhoeng > 2015-09-09 16:23 | Report Abuse

If there is anything that I can think of that could drag down Puncak share price, that would be convertible sukuk. This sukuk is convertible at 2 per share. If Puncak price is above 2, a conversion will cause an immediate return in excess of 2. Though, based on issued shares outstanding of 418 million, market has yet to observe the flotation of sukuk converted shares. Sigh, another few days of waiting period, I guess!

Posted by jacklintan > 2015-09-09 16:36 | Report Abuse

Roger123: I have no reason not to believe you, but to remain sceptical. How on earth you speak as if you are sitting in the BOD, like you knew it more than all of us? Are you speaking on your sixth sense of Puncak?

We are all Puncak shareholders. We need to promote and to get Puncak to hit higher value. You keep saying things like this and fear the contract (what you mean by contract anyway) to lose money? What are you talking about? Can you please speak human language? The seventh month have not over yet, ok?

Posted by hng33 > 2015-09-09 16:37 | Report Abuse

All done today, last 2 batch at 2.65 and 2.66 also done, total bought back at 70%, average cost at 2.663

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

Roger123 Hng: U brought people many times to Holland. One of my friends was trapped by puncak at 3.56 while u called to buy and the instrince value 4.50-5.00. Luckily i asked him to cut loss at 3.00. But at 3.00 time, u gave a buy called again.

09/09/2015 16:31

* Looks like Roger123 is against you. Not solely Puncak. This is a personal issue here. Patutlah.

Posted by hng33 > 2015-09-09 16:40 | Report Abuse

hahaha, get loss clown back again !! hahaha, only these clown Roger will call people go to holland if buy Maybank last week lor, SHAME ON YOUUUUUUUUUUUU

Posted by ec1705 > 2015-09-09 16:42 | Report Abuse

Decision to buy/sell is your own... shouldn't blame others. Also added some today.

Posted by hng33 > 2015-09-09 16:43 | Report Abuse

hahaha, another live show on how bad mounth and evil heart clown Roger get backfire

Posted by iamnat > 2015-09-09 16:44 | Report Abuse

Lol. Now clown Roger lose d simply scold ppl. Bad words also come out now.

Posted by sudahkena > 2015-09-09 16:45 | Report Abuse

Seriously. . I never expected today price performance.. better buy after sign coz got lower price....

Posted by ikanbilis789 > 2015-09-09 16:45 | Report Abuse

tns, if really want fight dont press keyboard fight. get a place and time settle there. we here want earn $$$ one ma...

Posted by jacklintan > 2015-09-09 16:48 | Report Abuse

Calm down, everyone. Stay invest in Puncak value. No reason to sell and quit Puncak for now. Azmin Ali already signed the deal. Even at 3.00, I'm still very happy with Puncak.

Posted by jacklintan > 2015-09-09 16:49 | Report Abuse

ikanbilis789: calm down, ok.... dun fight. make love. lol

Posted by hng33 > 2015-09-09 16:55 | Report Abuse

Hahaha, very clearly clown Roger is loser with some mentally disorder, openly shout bad words, too bad, poor clown.

Posted by fzank > 2015-09-09 16:56 | Report Abuse

hehehe .... guy & guy how to make luv ??? lol

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

lol ... if miss jacklin tan still ok but if mr jack lin tan ... game over hahaha

Posted by jolie2 > 2015-09-09 16:58 | Report Abuse

this counter name is puncak
everyone like "memuncak" state.
Shift to kps-lah. Very peaceful.

Posted by ec1705 > 2015-09-09 16:58 | Report Abuse

funny some people cannot take their own medicine... or poison

Posted by jacklintan > 2015-09-09 17:01 | Report Abuse

fzank: The more I see you here, the more I wanna naik kapal terbang Airasia. Btw, good performance Airasia today.

Posted by hng33 > 2015-09-09 17:02 | Report Abuse

lol..fzank don woos jacklintan lar, later upsidedown 119 will follow you lor

Posted by jacklintan > 2015-09-09 17:04 | Report Abuse

fzank hehehe .... guy & guy how to make luv ??? lol

09/09/2015 16:56

Hello fzank: women got 2 holes, man got 1 hole. That 1 hole cannot pakai meh? cheeh!

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

hahaha ..... lol

Posted by superspeculator > 2015-09-09 17:56 | Report Abuse

yawn... very impressive performance today.

Posted by sudahkena > 2015-09-09 18:21 | Report Abuse

Last night we all expect 2.80..... gap up....but today reverse

Posted by kahhoeng > 2015-09-09 18:25 | Report Abuse

affin hwang has an impressive valuation on Puncak: We view this positively as this development would pave the way for Puncak to receive the delayed proceed from the disposal of its water asset... We maintain HOLD with a target price of RM 2.60 with a 10% to account Puncak's existing challenging business in the oil & gas industry due to low crude oil prices.

Hasn't affin hwang 'researcher' realized that upon disposal and distribution of special dividend, Puncak will be in a net cash position of RM 2.57 per share at minimum?!? And with an interest of even 3%, that would be over RM 40 millions? And that amount is about what it lost in a year, assuming business will be as bad as its first 6 months of operation in 2015?!? And, operating cash flow will be POSITIVE with over RM 16 million a year under similar operating condition?

To the extent that Puncak's cash position should deserve a 10% discount. A similar valuation approach, if applied to plantation companies, guess we should see KLCI reaching 1300 soon, or possibly below 1000

Posted by money888 > 2015-09-09 20:48 | Report Abuse

seems like all analyst pakat to say low puncak TP.

Posted by kahhoeng > 2015-09-09 21:29 | Report Abuse

that I have no clue, but the basis their valuation and analysis is terrible, as if they have only a few minutes to come to a conclusion and do the write-up... MIDF has a higher valuation of 3.16. Though, it can't even get the number of enlarged shares right. MIDF uses 533.3 million shares, but Puncak report stated earlier 532.517 million shares will be the enlarged number of shares. And somehow, MIDF comes out with a FY2016 forecast profit of RM 10.8 million and pegged it with a PER of 12 to come to the valuation of its existing businesses, totally ignoring its cash from converting warrants and sukuk.