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

speakup

27,066 posts

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

puncak old lover. new lover....AIRASIA!

upsidedown119

4,326 posts

Posted by upsidedown119 > 2015-09-11 09:37 | Report Abuse

The bangsat wolves are tamping down the price to collect. It's always like this since about a year ago. Whenever there is a prospect of a huge cash payout, they will tamp down the price so disappointed small investors will sell. I would not be surprise if they engineer a drastic sell-down to below 2.50. So be forewarned!

SinGor

4,928 posts

Posted by SinGor > 2015-09-11 09:48 | Report Abuse

Waiting all morning for big fish to sell 600K. Give up-- going to work site

money888

430 posts

Posted by money888 > 2015-09-11 10:41 | Report Abuse

guys, want to ask, why Puncak is out of Shariah list at the first place? is it due to debt/loan? if that is the case, would it be possible that Puncak use some money from the water business disposal and pay the debt, get back to Shariah list? Then LTH can freely push up the price?

upsidedown119

4,326 posts

Posted by upsidedown119 > 2015-09-11 11:20 | Report Abuse

Sifu hng33 would be the best person to answer money888.

hng33

20,463 posts

Posted by hng33 > 2015-09-11 11:27 | Report Abuse

hahaha, what sifu!!?? no no no, i think is upsidedown 119, he is a hero to fight wolf in stock market

upsidedown119

4,326 posts

Posted by upsidedown119 > 2015-09-11 12:08 | Report Abuse

OK, our forum's smartest stock-market roller hng33 would be the best person to answer money888.

money888

430 posts

Posted by money888 > 2015-09-11 12:47 | Report Abuse

要稳定,不要乱...i just ask question that hope all sifu here can help with...

upsidedown119

4,326 posts

Posted by upsidedown119 > 2015-09-11 14:28 | Report Abuse

Only one person can best wear that title: hng33 - he is the expert on Puncak. I mean it and not being sarcastic. So hng33, please help us newbies on money888 question.

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-09-11 15:26 | Report Abuse

No eye see, news n price are set as if no deal in sight.

money888

430 posts

Posted by money888 > 2015-09-11 16:34 | Report Abuse

suddenly sell down a lot...big fish selling

money888

430 posts

Posted by money888 > 2015-09-11 16:42 | Report Abuse

4000 lot added at 2.63...kaosai

upsidedown119

4,326 posts

Posted by upsidedown119 > 2015-09-11 16:46 | Report Abuse

Look at the wolves tamping down the price. 468K sell by 8 persons. Nexy would be a sudden sell-down or slow drift to below 2.50. They did the same to KSL. So be forewarned!

money888

430 posts

Posted by money888 > 2015-09-11 16:55 | Report Abuse

if that is case, dun understand why they do so...can they earn from that?

upsidedown119

4,326 posts

Posted by upsidedown119 > 2015-09-11 17:09 | Report Abuse

money888. The wolves collect low from those wanting to 'cut loss' etc. Then the price goes up and gap up when Roxali announce ex-date for special dividend. This way they make fat profits from those who bought high in the hope of special dividend and then 'cut loss' when the wolves tamp down the price. They did the same with KSL. In the case of KSL, the bangsat wolves very likely was in cooperation with powerful KSL insiders. They made in 3 months of sell downs as much as KSL made in one quarter and probably more! I also do not trust Puncak's management much!

cheoky

2,823 posts

Posted by cheoky > 2015-09-11 17:16 | Report Abuse

so hold n wait is the antidote?

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-09-11 17:34 | Report Abuse

upsidedown, doesn't really make sense with such a low volume. Say they can absorb 25%, that's less than 250,000 shares. Doing it for 3 days, that's not even 1 million shares.

upsidedown119

4,326 posts

Posted by upsidedown119 > 2015-09-11 17:54 | Report Abuse

kahhoeng. The sell down from Wed onward till today was 3.6 shares million. There should be further sell-down should the wolves be involved. Remember Puncak's cash per share after sale of water assets is about 3.70. Investors expect it to gap up soon to RM3.50 or more. So if there is a sudden sell-down to below 2.50, it will be beyond many investors pain limits. So they will sell. But remember for each share the wolves buy at below 2.70, they could get as much as RM1 at anytime till 1st Oct or thereabouts. So the scenario is set for a wolves' play, possibly with the connivance of Puncak's insiders. Bursa do not seem to care since their enforcement is weak - their officials mainly buta-gaji!

speakup

27,066 posts

Posted by speakup > 2015-09-11 18:16 | Report Abuse

u all still in puncak ah? better swap to airasia better........
Airasia - "now everyone can make money"

speakup

27,066 posts

Posted by speakup > 2015-09-12 09:03 | Report Abuse

This article in today newspaper will cause puncak drop more next week:
http://www.thestar.com.my/Business/Business-News/2015/09/12/What-next-for-Puncak-Niaga/?style=biz

Better swap your puncak to AIRASIA....."now everyone can make money"

cheoky

2,823 posts

Posted by cheoky > 2015-09-12 10:43 | Report Abuse

why not swap your airasia to puncak. sell on high buy on low. fox roza will reward u with a dollar. good deal?

CK888

45 posts

Posted by CK888 > 2015-09-12 10:59 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2015/09/12/What-next-for-Puncak-Niaga/?style=biz

Read thoroughly 2x.
Found no words or portion of the report that was so negative that could cause a sell-down on Puncak.
Kindly elaborate please.

cheoky

2,823 posts

Posted by cheoky > 2015-09-12 12:23 | Report Abuse

These MIDF and Amresearch are filled with analyst of Ahmad Maslan's brain and getting bribed with monkey money. Making an exception with a target price rm3.16? what exception? Cos it is fox roza or their calculator is broken down? They are expecting delay in receiving proceeds? We think before oct? An official annoucement will annul this uncertainty. I paid u with 60cents and in return i get a bank account with rm1 plus land & property and ongoing biz with lesser loses per last year. If they apply to same methodology to kulim, kulim having lousy management, its valuation should be cut into half or even lesser. Dumb ass analysts I would said. At the age and status of fox roza, his reputation is of more concerned to him than money. Wait for official bursa annoucement, perhaps a good project to puncak together with contrarian+good functioning calculator, our downside is fairly limited, upside is the expectation. Be warrior...lolx

ckk2266

1,210 posts

Posted by ckk2266 > 2015-09-12 12:56 | Report Abuse

cheoky: give millions LIKE !!!!

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-09-12 16:51 | Report Abuse

wonder if rozali would consider privatizing Puncak at 3.70 cash per share post deal? That should be good for him and us, the small fishes.

speakup

27,066 posts

Posted by speakup > 2015-09-12 17:27 | Report Abuse

have u not noticed EVERYTIME puncak appears in the newspapers, it will drop? many many times already, the most recent one was when all the newspapers mentioned about the signing of the master agreement.

so today's article will be no exception, puncak will drop next week. when market open, be the early bird.....DUMP IT!

swap to AIRASIA....."now everyone can make money"

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-09-12 23:06 | Report Abuse

truth is, until now, I have no idea why had the analysts valuing Puncak at such a low level (barely 70% of its cash in hand should deal completed), but can only come with two possible scenario, one being doubting Puncak water deal completed before Oct 01 and the other being doubting Rozali can and will manage remaining cash of over 1.2 billion prudently.

But, assuming deal is sealed, with a cash after asset disposal of over 1.9 billion with an additional 500 over million of land and investment, I really don't see why I should particularly concern about its future potential. This is particularly so after oil & gas and plantation sectors are at their low point currently. The freed up 1.2 over billion cash should allow Puncak to seek good deal for long term prospect. Of course, I can only hope Rozali will look after small shareholders' interests beside his.

Wiwangwang

238 posts

Posted by Wiwangwang > 2015-09-13 14:38 | Report Abuse

Speak up why we want to dump this puncak . Just give me reason ? We do so much of research n also hold for almost 2yrs .. Now is the end of this water restructuring just want to wait for the wind fall durian . Why should we dump it ?? I really don't understand . If you think when news come out the share price will go down , you can sold it but don't panic other .

jacklintan

1,722 posts

Posted by jacklintan > 2015-09-14 08:49 | Report Abuse

Be a fool to dump Puncak.

fzank

1,537 posts

Posted by fzank > 2015-09-14 08:53 | Report Abuse

agree with you jacklin , almost time to pop the champagne bottle sekarang baru mahu jual ... hehehehe .... on the contrary hair-asia looks ripe for a correction ...

speakup

27,066 posts

Posted by speakup > 2015-09-14 09:16 | Report Abuse

as expected, again puncak down after article in Star newspapers. So many many times already.

money888

430 posts

Posted by money888 > 2015-09-14 09:20 | Report Abuse

speakup...do you know why?

hng33

20,463 posts

Posted by hng33 > 2015-09-14 09:24 | Report Abuse

As long as Puncak yet to declare special dividend, it still worth of investing.

fzank

1,537 posts

Posted by fzank > 2015-09-14 09:27 | Report Abuse

hahaha as expected .. hair-asia also down ... worst still no need for articles to be mentioned in any newspapers also down ... lol

hng33

20,463 posts

Posted by hng33 > 2015-09-14 09:35 | Report Abuse

speakup

This is free market, but, i think Puncak investor don need you advise here

money888

430 posts

Posted by money888 > 2015-09-14 09:39 | Report Abuse

speakup = Roger?

r°Moi

5,802 posts

Posted by r°Moi > 2015-09-14 09:39 | Report Abuse

.

There is no free lunch in the world.. Puncak will buy.. yes.. but you will pay...

Special dividend is from you own pocket.... Just look at OSK


In Puncak case it will be worst.... post disposal of their water assets.. it will be in O&G.. O&G! Need I say more..

.

fzank

1,537 posts

Posted by fzank > 2015-09-14 09:39 | Report Abuse

pooncak shareholders have something to look forward to ... BIG payday hehehe

roger123

1,821 posts

Posted by roger123 > 2015-09-14 09:42 | Report Abuse

Speakup: I agreed with u. Hng is the singkalan. He can provide very impressive report which cant be done by normal investors. He has called people to buy puncak from 3.60 because of special dividend. But now....

hng33

20,463 posts

Posted by hng33 > 2015-09-14 09:45 | Report Abuse

hahaha, apparently clown roger 123 and sepcakup is under same clown gang.

jacklintan

1,722 posts

Posted by jacklintan > 2015-09-14 09:51 | Report Abuse

Morning morning, please don't fight here. Bad omen if continuous like this.

jacklintan

1,722 posts

Posted by jacklintan > 2015-09-14 09:53 | Report Abuse

Roger123: Everybody has their own rights to comment here. It's up to you to choose either to follow or not. Nobody is to be blamed for it. Buy at own's risk.

hng33

20,463 posts

Posted by hng33 > 2015-09-14 09:54 | Report Abuse

hahaha, only loser and desperate people will lose temper and behave alike clown

cheoky

2,823 posts

Posted by cheoky > 2015-09-14 09:54 | Report Abuse

Arguing now is fruitless. Wait for official announcement on conclusion of s&p and decide.

money888

430 posts

Posted by money888 > 2015-09-14 09:55 | Report Abuse

cheoky, when would that be? today or end of the month?

lhkoay

11 posts

Posted by lhkoay > 2015-09-14 09:56 | Report Abuse

hng33 , do you think puncak will go private after special dividend ?

fzank

1,537 posts

Posted by fzank > 2015-09-14 09:57 | Report Abuse

bright days ahead for pooncak shareholders ... for hair-asia .. hehehe only hope is for Kings Park Rangers to win English Premier league ??? hahaha

Posted by ikanbilis789 > 2015-09-14 09:57 | Report Abuse

volume everyday getting so small ma...u all still havent finish fighting meh >.<...

hng33

20,463 posts

Posted by hng33 > 2015-09-14 10:11 | Report Abuse

clown remain as clown, loser and desperate, poor roger hahaha

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-09-14 10:16 | Report Abuse

finally, Puncak rises 1 cent. Hope there are more to come

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