Posted by Roger123 > 2015-10-02 14:17 | Report Abuse

Small player with eggless

Posted by upsidedown119 > 2015-10-02 14:43 | Report Abuse

BTW, my TeoSeng (sells eggs) counter going up!

Posted by hng33 > 2015-10-02 15:13 | Report Abuse

lol...clown Roger, I told you so many time, still want to be twisting liar, wake up, you cannot laid egg lar, you are cock cock only, but you still can sell your umega 123 egg, at least it's legal. While you want to sell your eggs, also don need to stop investing ma, why so desperate with your last FGV 5sen handsome but slim profit, told you to increase your volume, don just buy odds lot, its chicken feet even you reap 20sen/share.

So, now, you better prepare to buy more Puncak, increase your volume, try to get your daddy support. I bet you , puncak can at least give you 20sen/share x volume= REAL handsome profit, its will in real RINGGIT 5D handsome profit. So, be happy, get rid of your loser minded, and its useless if you dream of 6D or 7D but in reality is just in RUPIAH profit, don let evil heart possess you, have positive minded instead, good boy ya.

Posted by hng33 > 2015-10-02 15:13 | Report Abuse

Puncak first resistance level at RM 2.82, follow by RM 3.00 and RM 3.20. But these level resistance can easily breakout in 'staggering' once the deal is seal in 9 trading day and special dividend RM 1/share is declare. Therefore, investor have HIGH ODDS to reap at least NET GAIN 20sen/share (>Puncak RM 2.80), but if market in favor, sentiment 'HOT' with Puncak declare special dividend RM 1/share then, at least can reap desire target at least 40 sen/share (Puncak >RM 3.00), with ultimate target profit to reap 60sen/share if possible (Puncak >RM 3.20). hahaha

Posted by hng33 > 2015-10-02 15:39 | Report Abuse

Used residue balance margin line, bought further some Puncak-CG at 9sen

Posted by Roger123 > 2015-10-02 18:33 | Report Abuse

Hahaha 20cent? Why can move above 3.00. R u taking my word 2.80 only?

Posted by Roger123 > 2015-10-02 18:34 | Report Abuse

When is the special dividend? Don't tell me u in Dec like wat I said last time.

Posted by Roger123 > 2015-10-02 18:36 | Report Abuse

Last time when It was 2.80 u told people at least 3.80 but now.... Only 2.80? Omg. Pity kahhoeng, he followed ur words n hold at 3.00

Posted by hng33 > 2015-10-02 20:37 | Report Abuse

Clown roger still live in last year mode or earlier these year history mode !?....never update information!?.......puncak target price of course is higher to even more than 4.50 when puncak share trade at 3.30 to 3.60 last year....then, it need to revise lower to 3.50 to 3.80 when puncak share trade at 2.70 to 2.90 earlier these year, to take into account sepecial dividend RM 1.00.... then, target need to revise lower again to account what is happenning from earlier these year to now...  

Come, let take a look the history journey on what were happening since last year nov until now... affecting puncak share price.....puncak exclude from shariah list Dec last year.....LTH cannot buy, force it to stop accumulate and suport puncak share price......MB khalid sacked.....deal delay....Azmin replace...lapse master agreement......delay.... imbd broke bubble in july...ringgit crisis....index slumping....political tussle....foregin fund....crude oil slumping.....affect puncak oil and gas business, turning it from profit making into lost making... all these factor must take into account as it affecting puncak valuation and target price....     

it take almost a year until now that these master aggreement able to revive with supplementary agreement.....4 operational agreement signed.....pending final cash payment now to puncak on 15 sept....gap time for puncak determine time to declare special dividend....date declare, entitlment fixed....at least 1 month gap before ex dividend.....at least 1 month gap before shareholder received dividend. 

Therefore, based on current scenario, Puncak first resistance level at RM 2.82, follow by RM 3.00 and RM 3.20. But these level resistance can easily breakout in 'staggering' depending on progress of the deal, time gap for puncak to determine date to declare sepecial dividend special RM 1/share. Therefore, investor have HIGH ODDS to reap at least NET GAIN 20sen/share (>Puncak RM 2.80), but if market in favor, sentiment 'HOT' with Puncak declare special dividend RM 1/share then, at least can reap desire target at least 40 sen/share (Puncak >RM 3.00), with ultimate target profit to reap 60sen/share if possible (Puncak >RM 3.20)

Posted by kahhoeng > 2015-10-02 23:38 | Report Abuse

To me, if Puncak were to trade between 3.00 and 3.30, I would be facing the dilemma if to sell or hold. Below 3 is a sure hold, above 3.80 is a good sale while 3.30-3.80 is good if some alternatives could be found.

Posted by hng33 > 2015-10-03 10:53 | Report Abuse

Ks55

Frankly, I target to start sell at around RM 2.82 to reap about 20 sen/ share net handsome 5D profit once the take over is complete on 15 sept. But, Of course, the more the better, and it's depending on market sentiment, Puncak if after breakout these resistance level at 2.82, it may continue surge for next 3.00 and 3.20., therefore, must closely monitor price movement on the day of completion deal and market response to capitalize and try to maximum profit. Sell on news is my strategy now, as there still have time gap before especial dividend can be declared

As mention earlier, if deal is complete on 15 sept, Puncak must first have board meeting, time is needed for Rozali to fixe date for special dividend payout, the degree of time gap is up to Rozali to decide, it could take few day to few week before Puncak can declare, fixed declaration date, then it will at least 1 month gap for entitlement date and ex date, and then another 1 month time for payment date to shareholder.

Posted by kahhoeng > 2015-10-03 11:24 | Report Abuse

hng33, sep 15 was 18 days ago, are you suggesting oct 15?

Posted by kahhoeng > 2015-10-03 12:00 | Report Abuse

ks55, my reasoning goes like this. Puncak has a net cash of over 3.60 plus net non-cash asset of 1.00 after Selangor water asset disposal. If below 3, that would be a heavy discount to its cash position and not worth selling. At above 3.80, the cash discount is no longer there, meaning Puncak new business plan has convinced investors some what (unless its traded above 4.60), so its ok to sell if don't like the new business plan. between 3.30 and 3.80, the discount isn't much, so if there is a heavy discount for other shares in the market, switching is alright. between 3.00 and 3.30 though, the discount is still relatively large but not large enough, much like 鸡肋, thus making it a tough call if to exchange or not.

with regards to your Maybank at 5.00, I would assume investors had sensed future loan portfolio to suffer high default to result in heavy selling. At that point, I sure would rather hold puncak.

Puncak, to me, has 2 risks. One is if the deal CAN be completed in time, i.e., within the next 15 days. While current development seems to point towards completion, it has yet to be proved, particularly after past incidents that show politicians are not doing what they are saying, PR and BN alike. If this deal is completed within timeframe, I suppose there will be a surge in share price to reflect its cash position. Another side problem of share price reflecting cash position is anal-ysts reports all suggesting or making an impression a net cash of around 1 billion after special dividend, which is inaccurate. An analysis on its balance sheet will show that net cash after special dividend will be at least back to 1.5 billion, mainly due to its current cash position, reduced debt from sukuk conversion, and warrant conversion. There may be less sukuk conversion/warrant conversion, but the result, while result in net cash to below 1.5 billion, net cash per share will rise above 3.60.

Second is if Rozali will handle cash over 1.5 billion after special dividend with care until a 'really' suitable investment plan is adopted. I believe if share price is traded between 3.30-3.80, it is to reflect both trust level on Rozali with higher price suggesting better confidence (a major factor) and market sentiment (a less important factor given Puncak will become a cash company already).

Posted by sudahkena > 2015-10-03 12:36 | Report Abuse

Fr previous. . Complete on jan, div on mac....

if complete in ths few week.. then the div in dec.... Tht simple logic.

Roger. . Tht is not insider news...everyone know it, plz give more interesting news..

Posted by upsidedown119 > 2015-10-03 19:04 | Report Abuse

Aiyah, please go and see your girl/boyfriends for the week-end lah instead of hypothetising!

Posted by cheoky > 2015-10-03 19:07 | Report Abuse

http://tv.selangorku.com/82183/tiada-isu-besar-halang-pengambilahan-15-oktober/ no more wolf cry ya....

Posted by ckk2266 > 2015-10-03 19:38 | Report Abuse

PORT KLANG: ‎Pengurusan Air Selangor Sdn Bhd (Air Selangor) ‎will take control of the Selangor water industry by Oct 15 following the extended deadline for the fulfillment of the conditions precedent in the conditional sale and purchase agreement (SPA)‎ with Puncak Niaga Holdings Berhad.

Selangor Mentri Besar Azmin Ali said that there would be no more delay as the state was certain to tie up all loose ends by the deadline.

“As far as I am concerned, Air Selangor will take over Syabas on October 15. That was the last briefing given during the state exco meeting.

“'We are going through all the processes and we are confident that Air Selangor will take over the entire water industry by October 15,” he said on Saturday.

‎Azmin said Air Selangor has taken the initiative and is in the midst of ironing out several technical issues before the takeover is formalised.

‎Puncak Niaga had, on Nov 11, 2014, signed a conditional SPA to sell the company’s water assets in Selangor, Kuala Lumpur and Putrajaya to Pengurusan Air Selangor Sdn Bhd for RM1.55bil.

Last month, Selangor and the Federal Government concluded the deal with the signing of four agreements detailing the conditions precedent for the master agreement to be enforced.

‎Under the master agreement, Puncak Niaga will hand over its subsidiaries – Puncak Niaga (M) Sdn Bhd and Syarikat Bekalan Air Selangor (Syabas) – to the state government’s Pengurusan Air Selangor Sdn Bhd (Air Selangor) in return for RM1.55bil cash.‎

Azmin noted that sufficient water supply would be a priority for the state ‎once it takes over Puncak Niaga and Syabas.

“I have gave my assurance to industries and consumers ‎in the state earlier.

“We will ensure the distribution of treated water will be done fairly with the completion of ‎Selangor’s Mitigation Project 2,” he said, adding that once the issue is solved there would be no more need for water rationing in the state.

Posted by Roger123 > 2015-10-03 20:39 | Report Abuse

Santa Claus is coming soon. Merry christmas

Posted by hng33 > 2015-10-03 22:02 | Report Abuse

Hahaha, yes, take over deal by oct 15, reaffirmation. Another few more day to goooooooooooooo

Posted by sudahkena > 2015-10-03 22:34 | Report Abuse

Now roger join our ship

Posted by hng33 > 2015-10-03 22:47 | Report Abuse

Sudakena

Clown Roger always like to twist liar lar, talk cock lar, teasing other dream lar, 80 days lar.....it is call backfire. As always, these clown roger to twist back again again, when more progress news on take over completion on 15 October is release, force to change mind and wan on board lor, pity clown, always late. Hahaha

Posted by smartly > 2015-10-03 23:00 | Report Abuse

hng33, you huat liao.

Posted by hng33 > 2015-10-03 23:11 | Report Abuse

Smartly

Don know whether the dream can come true or no yet lar..... you still target to sell your Puncak at 2.70? , perhaps you should wait little longer, if Puncak can build floor price around 2.70 to 2.80 next week, then once the news offical conform on 15 October, likely can gap up for another 20 sen ler. Of course, the decision is your, so long you can reap profit, then should happy already, right.

Aside Puncak and KPS, you may also can look on wct and all its warrant, I have hold all of them, profit margin gain is very high :D)

Posted by sudahkena > 2015-10-03 23:16 | Report Abuse

I only sell 2 days b4 exdate... even at loss. ...hihi..still long journey

Posted by kahhoeng > 2015-10-03 23:18 | Report Abuse

thought I have posted a new news, guess its been found much earlier than I do. Luckily I am not in the news reporting business, sigh!

Posted by kahhoeng > 2015-10-03 23:18 | Report Abuse

http://news.sinchew.com.my/node/446288?tid=1

（雪蘭莪‧巴生3日訊）雪州州務大臣阿茲敏表示，雪州政府有信心如期接管雪州水供公司（Syabas）和商業高峰（Puncak Niaga）的營運。 他今日出席BaiduriDimensi私人有限公司新貨倉開幕儀式後，在媒體詢問下表示，隨著本月14日的期限已到，雪州水供管理有限公司（Pengurusan AirSelangor）將在本月15日正式接管，相信屆時能緩和巴生河流域的水供問題。 他表示，早前他與投資商會面，尤其是有意在雪州進行投資項目的投資商，他們非常關切水供問題，惟他已向有關投資商保證，將提供充足的水源。 “州政府將確保工業區獲得充足的水供，這也是在接管水供公司後，州政府所看重的一部份。” 續監督冷岳2濾水站工程 另外，他表示，儘管冷岳2濾水站計劃工程稍有拖延，但州政府仍會繼續監督中央政府，以確保此項計劃能如期完成。 他說，州政府將在來臨的2016年財政預算案宣佈新措施，以尋求替代方案來解決州內水供問題。 歡迎有意改革國家政黨 另一方面，詢及有關伊斯蘭黨須辭退有關州職或行政一事，也是公正黨署理主席的阿茲敏表示，公正黨向來持包容性態度，來接受各黨的意見，且任何有意一同參與推動國家改革的政黨，他們都無任歡迎。 “他們有權利商討有關事宜，這是該黨的權利。” 他說，當中的分歧無法在一兩天內就獲得解決，這必須在各黨商討後，才能有個決定。

Posted by Wiwangwang > 2015-10-04 00:37 | Report Abuse

Kahhoeng another good news for us . Just now I ask some one who work in puncak office . He told me they already meet with new boss Selangor MB AZMIN . He say the talk over date will be next Thursday . But not the payment date . Hope what he say is correct . He also say the new selangor MB is better than the old one . He will fulfil what he promise . I think selangor will benefit from His leading .

Posted by sudahkena > 2015-10-04 09:11 | Report Abuse

http://www.astroawani.com/berita-malaysia/azmin-yakin-pengambilalihan-aset-pnhb-oleh-air-selangor-selesai-15-okt-ini-75248

Posted by mywb > 2015-10-04 09:24 | Report Abuse

How can you all trust what politician words?

Posted by kahhoeng > 2015-10-04 11:21 | Report Abuse

wiwangwang, thanks, hope good news come this week...

mywb, actually, not much faith. but no harm, having some joy first...

Posted by ckk2266 > 2015-10-04 15:34 | Report Abuse

http://m.selangorku.com/?post=82193

Posted by Roger123 > 2015-10-04 17:21 | Report Abuse

I will give YES to this time. Hahahaha

Posted by Roger123 > 2015-10-04 21:55 | Report Abuse

No.. Dividend in Dec. Still have 80 days. Concluded doesn't mean the price will up above 3

Posted by sudahkena > 2015-10-04 21:58 | Report Abuse

See.. I already said tht..roger... everyone know lol

Posted by sudahkena > 2015-10-05 00:09 | Report Abuse

http://www.therakyatpost.com/news/2015/10/04/azmins-promise-no-more-water-rationing-in-selangor/


azmin so confident - “In only a year, I have managed to solve the water crisis in the state of Selangor.”

Posted by sudahkena > 2015-10-05 00:10 | Report Abuse

30 oct - announce takeover kps? Really2 hope..

Posted by CaoCao > 2015-10-05 00:10 | Report Abuse

shariah compliant come dec perhaps? :-)

Posted by hng33 > 2015-10-05 09:14 | Report Abuse

With now latest more news progressed release to market, Puncak likely trade above RM 2.70 these week to even RM 2.80 before the 15 October, building higher floor price, then, puncak target price can set more higher in response to the take over deal official complete on 15 October , share price should be able to trade up to RM 3.00.

Hahaha, now, very high possibilities to reap immediate at least net profit 40sen/ share ( >RM 3.00) on the date of completion, stand to reap figure higher 5D already :D), if Puncak CG also surge above 13sen, then combining both can expect to break record 6D.

Posted by ckk2266 > 2015-10-05 09:24 | Report Abuse

hng33 : Boleh!!!

Posted by hng33 > 2015-10-05 09:26 | Report Abuse

hahaha, i have free all margin line and capital in Armanda (sold all at 95sen), now, swap from oil and gas stock to focus back on water theme stock.

Posted by hng33 > 2015-10-05 09:30 | Report Abuse

ckk2266

Clown roger is just a twisting liar, a daddy boy complaining for his handsome 5sen but slim profit due to odds lot volume. hahaha

Posted by money888 > 2015-10-05 09:33 | Report Abuse

Puncak...GO Go go GO!!!!!!!!!!!!!!!!!!!!!

Posted by hng33 > 2015-10-05 09:34 | Report Abuse

Puncak, Puncak CG, KPS...all water theme stock..GOOOOOOOOOOOOOOOOOOO

Posted by ckk2266 > 2015-10-05 09:38 | Report Abuse

Vroom!!!!!!!! Vroom!!!!!!!

Posted by upsidedown119 > 2015-10-05 09:49 | Report Abuse

Azmin has RM4 billion to back up his confidence!

Posted by speakup > 2015-10-05 09:53 | Report Abuse

Puncak GO GO GO.....

good thing speakup buy back last friday. Now hold 60,000 puncak < 2.70 :-)

Posted by hng33 > 2015-10-05 09:58 | Report Abuse

hahaha, speakup. the miss opportunist also change mind, welcome on broad. lets huat

Posted by speakup > 2015-10-05 09:58 | Report Abuse

timing very important, otherwise tie up capital, miss opportunities elsewhere. now back in puncak.

Posted by hng33 > 2015-10-05 10:16 | Report Abuse

hahaha, well said, right timing ..... no need insider news, shark theory, conspiracy, 80days bla bla...

Posted by upsidedown119 > 2015-10-05 10:36 | Report Abuse

Price's not moving. Wolves'/sharks' attack fears?!