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

0.00 - 0.00

Trading Volume

0


24 people like this.

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

money888

430 posts

Posted by money888 > 2015-09-10 15:54 | Report Abuse

Roger123, then why yesterday you say next week will have big player join the game??

fzank

1,537 posts

Posted by fzank > 2015-09-10 15:54 | Report Abuse

they are having theirs earlier ... wonder whether we will also have ours sooner or later ???

SinGor

4,928 posts

Posted by SinGor > 2015-09-10 16:04 | Report Abuse

Just Bear Market and Janet Yellen. By next week Puncak will receive a S&P from Air Selangor and Title of assets will be transfer to PAAB at the same time. So by 3th or 4th week only money will be transfer to Air Selangor. Thereafter it is show time.

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-09-10 16:05 | Report Abuse

Guess Kenanga is the only remaining big research house to have high hope on Puncak?

http://www.4-traders.com/PUNCAK-NIAGA-HOLDINGS-BER-6491195/news/Puncak-Niaga-Berhad--Shares-in-water-related-companies-spurt-21003722/

KUALA LUMPUR: SHARES of water-related companies involved in the Selangor water deal spurted yesterday on news that the companies are finally coming to a conclusion with the signing of an agreement between the related parties today.

The parties are Syarikat Bekalan Air Selangor Sdn Bhd (Syabas), Puncak Niaga Sdn Bhd (PNSB), Konsortium Abbas Sdn Bhd and Syarikat Pengeluar Air Selangor Sdn Bhd (Splash).

Puncak Niaga Holdings Bhd's shares on Bursa Malaysia closed 18 sen higher to settle at RM2.70 with 1.9 million shares traded.

Kumpulan Perangsang Selangor Bhd, meanwhile, gained 14 sen, or 11.86 per cent, to RM1.32 a share with a total of 2.2 million shares traded.

However, Gamuda Bhd's shares slipped 15 sen to close at RM4.36 after hitting intra-high of RM4.50.

Kenanga Investment Bank Bhd said as the Selangor water assets contribute to almost all of Puncak Niaga's earnings, there will be a huge earnings vacuum for the group.

"The group has yet to identify any future investment to fill the earnings gap," it said in its note.

The research firm has set a target price of RM3.99 for Puncak Niaga with "outperform" call on the stock.

Puncak Niaga has a 100 per cent and 70 per cent ownership of PNSB and Syabas, respectively.

Kumpulan Perangsang owns 100 per cent stake in Konsortium Abbas and 30 per cent interest in Splash, while Gamuda has a 40 per cent stake in Splash.

According to the Energy, Green Technology and Water Minister Datuk Seri Dr Maximus Ongkili, the deal would be inked in Shah Alam.

It will see four agreements - the facilities agreement, lease agreement, rights of use agreement and settlement agreement, under the state's water services industry restructuring sealed between Pengurusan Aset Air Bhd and Pengurusan Air Selangor Sdn Bhd.

The agreements are condition precedents to effect the master agreement for the restructuring, Ongkili said.

He said with the sealing of the agreements and handing over of the licences, the condition precedents would be fulfilled and that means the master agreement would take effect from tomorrow.

money888

430 posts

Posted by money888 > 2015-09-10 16:15 | Report Abuse

Puncak is pressed down when it is good news...rather than KPS which Splash deal is still hanging in the air...very weird!

SinGor

4,928 posts

Posted by SinGor > 2015-09-10 16:15 | Report Abuse

Syndicate will loss money in bear market. Only big fish is around so only short burst. But if
Janet Yellen is Not raising Rate--it could be a big spark

SinGor

4,928 posts

Posted by SinGor > 2015-09-10 16:20 | Report Abuse

Yes KPS is strong and moving ahead. Rumour-- KPS will be taken private is getting louder

money888

430 posts

Posted by money888 > 2015-09-10 16:26 | Report Abuse

if look at the price and queue, it suddenly got 1000 and 2000 lots added to sell! should be big fund!

SinGor

4,928 posts

Posted by SinGor > 2015-09-10 16:26 | Report Abuse

Why? Just ask Azmin--lah. Since he my Ampang Jaya MP

posby

976 posts

Posted by posby > 2015-09-10 16:31 | Report Abuse

holding kps @ 1.50... until now not even paper profit...
if compare to puncak if i bought that time.. would be profit...lol

SinGor

4,928 posts

Posted by SinGor > 2015-09-10 16:33 | Report Abuse

Roger --not selling at 2.50??

smartly

6,441 posts

Posted by smartly > 2015-09-10 16:36 | Report Abuse

i parked some at 2.62. :)

posby

976 posts

Posted by posby > 2015-09-10 16:36 | Report Abuse

gud for my next year angpao hopefully....Thanks roger...

hng33

20,463 posts

Posted by hng33 > 2015-09-10 16:48 | Report Abuse

I think is EPF selling

money888

430 posts

Posted by money888 > 2015-09-10 16:53 | Report Abuse

AirAsia also up 8%...puncak with great news should up ma!!!!!!!!!!!!!!!!!!!

hng33

20,463 posts

Posted by hng33 > 2015-09-10 16:53 | Report Abuse

kahhoeng

Based on past experience, when EPF still have stake above 5%, the trading pattern is very look alike now

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-09-10 16:55 | Report Abuse

hng33, I see, thanks

smartly

6,441 posts

Posted by smartly > 2015-09-10 16:56 | Report Abuse

tomorrow park at 2.60. :p

upsidedown119

4,326 posts

Posted by upsidedown119 > 2015-09-10 16:57 | Report Abuse

I don't think EPF is selling. I think the big boys are collecting, tamping down the price.

upsidedown119

4,326 posts

Posted by upsidedown119 > 2015-09-10 17:01 | Report Abuse

If EPF's selling, it won't park. It will just sell and it would have sold off yesterday.

hng33

20,463 posts

Posted by hng33 > 2015-09-10 17:01 | Report Abuse

of course, cannot confirm as EPF stake now is below 5%, but i still think is EPS selling

ckk2266

1,210 posts

Posted by ckk2266 > 2015-09-10 17:02 | Report Abuse

Unusual of big volume to sell WB too

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-09-10 17:06 | Report Abuse

Die hard hard if epf selling, lack big player in puncak

sudahkena

1,804 posts

Posted by sudahkena > 2015-09-10 17:06 | Report Abuse

Why people selling? Anything wrong?

upsidedown119

4,326 posts

Posted by upsidedown119 > 2015-09-10 17:14 | Report Abuse

Puncak-cg volume is good. So punters expect the Puncak to rise. It got 20 days to rise.

ckk2266

1,210 posts

Posted by ckk2266 > 2015-09-10 17:16 | Report Abuse

I think perfect storm is in the making

sudahkena

1,804 posts

Posted by sudahkena > 2015-09-10 17:19 | Report Abuse

Now give the hope..... the word- different fr yesterday

sudahkena

1,804 posts

Posted by sudahkena > 2015-09-10 17:20 | Report Abuse

But important .. happy ending

ckk2266

1,210 posts

Posted by ckk2266 > 2015-09-10 17:24 | Report Abuse

Haha...Hidup Roger!!!

hng33

20,463 posts

Posted by hng33 > 2015-09-10 17:28 | Report Abuse

Despite selling which is normal in stock market as share price up and down everyday, but nothing is worry about, just wait for Puncak official announcement on the deal status by 14 Sept to see whether the last condition precedent which is bank in RM 1.55 cash is fulfill :D)

cheoky

2,823 posts

Posted by cheoky > 2015-09-10 17:38 | Report Abuse

Mentally challenging essay well written by roger got everything except rational. U really can bullshit. For that, I really salute u.

cheoky

2,823 posts

Posted by cheoky > 2015-09-10 17:40 | Report Abuse

salute u also cant. poke fun at you also cant. cant catch u le just like boo cak cak.

ckk2266

1,210 posts

Posted by ckk2266 > 2015-09-10 17:45 | Report Abuse

Roger why cheoky is jolie2?..curious

hng33

20,463 posts

Posted by hng33 > 2015-09-10 17:45 | Report Abuse

hahaha, its just too familiar with these Roger clown trick already, repeating again and again. Hypotheses, fake + true = half baked and mislead information.

hng33

20,463 posts

Posted by hng33 > 2015-09-10 17:48 | Report Abuse

hahaha, you ask why Puncak fall today? then, can ask back why Puncak gap up on Monday ? clown trick lar, share price up and down, sell on news, profit taking, EPF selling etc.

Bear in mind, Puncak have yet to make any offical announcement yet in bursa, as it still wait for Air Selangor to settle the cash RM 1.55 billion,. then only the take over is complete.

hng33

20,463 posts

Posted by hng33 > 2015-09-10 17:50 | Report Abuse

hahaha, your clown team also set new target price RM 2.30 last few week ago and your clown team also keep on spread rumor that the deal is delay until Dec, lol, can explain why? clown Roger and clown team member

hng33

20,463 posts

Posted by hng33 > 2015-09-10 17:53 | Report Abuse

hahaha, clown Roger, so far, my record show 100% profit in Puncak investment, sometime slim, sometime handsome, but how about you? your pump up and dump low strategy work just well for you, lol

cheoky

2,823 posts

Posted by cheoky > 2015-09-10 17:53 | Report Abuse

Explanation: do charity. Pump high sell low

ckk2266

1,210 posts

Posted by ckk2266 > 2015-09-10 18:14 | Report Abuse

Donation ?

SinGor

4,928 posts

Posted by SinGor > 2015-09-10 19:24 | Report Abuse

Classic Blocked to Buy. If tomolo, big fish still blocking I will test the blockage

posby

976 posts

Posted by posby > 2015-09-10 19:35 | Report Abuse

Buy on rumours sell on news

SinGor

4,928 posts

Posted by SinGor > 2015-09-10 19:44 | Report Abuse

I think this is just a Big fish ( one layer blockage). If syndicate blockage -- atleast 3 layers

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-09-10 20:19 | Report Abuse

奶奶的熊,那个狗蛋在抛售,再次晕倒。。。

jacklintan

1,722 posts

Posted by jacklintan > 2015-09-10 20:53 | Report Abuse

Everyone is anticipate the good news. Please keep our voices down. So noisy.

jacklintan

1,722 posts

Posted by jacklintan > 2015-09-10 20:54 | Report Abuse

Puncak management must be analysing us in return too. It's called Market Reaction/Sentiment Towards Takeover. Dun play play. Please keep your humble thoughts for now. Thank you.

jacklintan

1,722 posts

Posted by jacklintan > 2015-09-10 21:07 | Report Abuse

kahheong: Google translate. I can read French with it

jacklintan

1,722 posts

Posted by jacklintan > 2015-09-10 21:08 | Report Abuse

I sense Puncak will climb tomorrow. Friday anyway...

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-09-10 21:45 | Report Abuse

frankly, I have decided to wait til the end of this month for puncak announcement before deciding anything. plus, really nothing much can be done already

zamsaham

778 posts

Posted by zamsaham > 2015-09-10 23:38 | Report Abuse

switch to AirAsia better.
Besok cut loss. Viagra needed for Puchak...

money888

430 posts

Posted by money888 > 2015-09-11 09:13 | Report Abuse

good morning everyone...lets hope puncak no drop today...:)

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