Posted by upsidedown119 > 2015-10-05 10:38 | Report Abuse

Investors' waiting to see the colour of Azmin's and Roxali's money first?

Posted by hng33 > 2015-10-05 10:41 | Report Abuse

Price's not moving??? hahaha, it is yet to reach 15 Oct and official completion take over on 15 Oct, still have 8 trading day to go to gradually building higher flooring price 2.70-2.80, before gap up another 20sen on the date of completion.

Posted by upsidedown119 > 2015-10-05 10:45 | Report Abuse

So 8 more trading days for a flash wolves/sharks attack! But this time I think we should have shark fin soup and braised shark heads for dinner. We shall leave the wolves' meat to the trolls of this forum!

Posted by upsidedown119 > 2015-10-05 10:53 | Report Abuse

hng33. Your maybank maxed up 14 sens this morning. How do you tackle the sense of angst for selling too early and miss out on even greater profit? This is a honest question.

Posted by kahhoeng > 2015-10-05 11:01 | Report Abuse

CIMB has raised target price for Puncak to 3.40...

Posted by hng33 > 2015-10-05 11:34 | Report Abuse

upsidedown119

There is no need to regret if cannot sell at higher price, to reap higher than what have realize....as i always active swapping my capital and margin line....as mention earlier, 1 realize Maybank under margin line and most of capital at average cost 8.36, then, sold at 8.48 with 6sen/share net profit, then later swap to CIMB at 4.47, sold at 4.53-4.54, then swap again to Armanda and pour in all margin line in at 92sen, then today sold again at 95sen.

However, these strategy have pros and cons though.....active trading depend alos on right timing...if against your odds, need to cut loss, and free up capital fast to next potential winning stock....i always get ready least 8 potential stock under radar for potential swapping, but depending on timing and price....if stock cannot not yield what i desire price, will not hesitate to cut loss, or sold earlier to lock in profit and move next stock for rolling......

There is no such thing to 100% every time to sell at highest price, then buy at lowest price, unless you are fortune teller, or insider

Posted by Roger123 > 2015-10-05 11:49 | Report Abuse

Hng <-- Show off.... Hahaha. Look at my INSTANCO

Posted by Roger123 > 2015-10-05 11:49 | Report Abuse

sold INSTANCO-WC 40% profit

Posted by hng33 > 2015-10-05 11:58 | Report Abuse

Clown roger show off 40% profit, 7d profit !? ... show off!!! hahaha

Posted by upsidedown119 > 2015-10-05 12:02 | Report Abuse

Thank you, hng33.

Posted by samsoongyc > 2015-10-05 12:05 | Report Abuse

hng33 comment ok but Roger123 comment belittling ppl not ok !!!

Posted by iamnat > 2015-10-05 12:08 | Report Abuse

Yalar. Just ignore him. Very annoyed because I come here for proper info. Not BS which he constantly flood this forum with.

Posted by sudahkena > 2015-10-05 13:04 | Report Abuse

http://www.theedgemarkets.com/my/article/selangor-water-restructuring-track-says-kettha

Posted by speakup > 2015-10-05 13:47 | Report Abuse

KUALA LUMPUR (Oct 5): The Selangor water restructuring exercise is progressing as planned, according to Ministry of Energy, Green Technology and Water (KeTTHA) secretary general Datuk Loo Took Gee.

"We have signed the supplementary agreement, and everything is moving on very well. The Selangor state has already come up with the assets, and the next thing is for Pengurusan Air Selangor Sdn Bhd (Air Selangor) to take over the operations," she told reporters during a press conference at the Asean Energy Business Forum 2015 (AEBF 2015), which was officiated by KeTTHA deputy minister Datuk Sri Dr James Dawos Mamit.

To recap, Puncak Niaga Holdings Bhd ( Valuation: 2.10, Fundamental: 1.70) had earlier warned saying that it would consider terminating the sale and purchase agreement (SPA) with Air Selangor and take legal action if the conditions precedent in the agreement could not be fulfilled by Oct 15.

As reported previously, Puncak Niaga had agreed to an eighth extension of the stop date of the SPA by one month to Oct 15 from Sept 14, warning that it was the "final extension".

"There are some conditions precedent that need to be fulfilled, which Air Selangor has already done so. Once the assets are provided, the money will be disbursed to the vendor," Loo said.

Loo added that the reason behind the delay in completing the restructuring exercise was due to Air Selangor having to identify their assets. "They have so many assets, so they have to take their time, that is all," she said.

The AEBF 2015, which is held from Oct 5 to 7, features speakers from the global energy industry, who discuss issues such as Asean energy outlook, power interconnectivity, energy market integration, as well as renewable energy technologies.

Puncak Niaga shares rose 1.89% or 5 sen to RM2.70 with 313,900 shares done at 11.51am.

Posted by fzank > 2015-10-05 15:22 | Report Abuse

it's the Final 'C L O W N' down ... lol

Posted by speakup > 2015-10-05 15:32 | Report Abuse

2.69 is fake big buyer.
it real buyer, wont Q to buy 1 sen cheaper, will just take the seller at 2.70

Posted by speakup > 2015-10-05 15:35 | Report Abuse

2.69 fake buyer is real seller at 2.70.

Posted by hng33 > 2015-10-05 15:45 | Report Abuse

Use margin line, Bought more Puncak at 2.70

Posted by speakup > 2015-10-05 15:46 | Report Abuse

wah hng just bought 80,000 puncak @ 2.70. kudos!!!!

Posted by hng33 > 2015-10-05 15:49 | Report Abuse

this batch is under margin line......

Posted by Wiwangwang > 2015-10-05 15:50 | Report Abuse

Speak up how you know there is fake buyer ? ? Anyway market is respond to the deal done news . Puncak is starting to move up slowly . Lucky kps still remain at lowest price . I think we sure have enough time to switch back to KPS . . Everyone who still hold puncak ... Wish all of us HUART huart huart ar .. Cheers .

Posted by hng33 > 2015-10-05 16:01 | Report Abuse

Wiwangwang

hahaha, KPS is following Puncak as a lead now, in turn of percentage gain, KPS may have higher than Puncak. Once Puncak deal is complete, KPS deal will be on fast track, to first sell Abbass, free up all liabilities, net cash position follow by windfall from splash if reiterate at 1x book value.....Puncak sell both syabas and PNSB at once, but KPS sell on 2 step....sell Abbass first...then follow by splash.


For better and safer way, dual exposure (Puncak and KPS) is better

Posted by smartly > 2015-10-05 16:01 | Report Abuse

hng33, since u r buying, i m keeping it for a while.

Posted by smartly > 2015-10-05 16:01 | Report Abuse

aim for higher gain.

Posted by hng33 > 2015-10-05 16:09 | Report Abuse

smartly

Aiyo, i don want to bear any responsibilities on your profit ler....

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

lol ... speakup kor-kor really expert .... even fake also can recognised .... together we huat !!!! lol

Posted by speakup > 2015-10-05 16:15 | Report Abuse

fzank, think about it properly. if u are a big fish or fund, would u Q to buy just to save 1sen?????

Posted by money888 > 2015-10-05 16:17 | Report Abuse

speakup...then what do you think their actual purpose is?

Posted by speakup > 2015-10-05 16:24 | Report Abuse

already said, big buyer at 2.69 is fake, want to sell at 2.70.

Posted by money888 > 2015-10-05 16:29 | Report Abuse

then...if they are big fish or fund, why they would care to sell 1 sen higher?

Posted by fzank > 2015-10-05 16:31 | Report Abuse

understand speakup kor-kor .... let's huat together ..

Posted by speakup > 2015-10-05 16:41 | Report Abuse

HUAT!!!!!!! 2.72 now!

Posted by upsidedown119 > 2015-10-05 16:53 | Report Abuse

Still 8 more trading days for the bangsat wolves/sharks to sell down. If so be prepared to feast on sharks' fin and sharks' heads. The dog/wolve meat should go to the trolls of this forum!

Posted by jacklintan > 2015-10-05 18:34 | Report Abuse

Good job, Puncak. Good to see some pick ups

Posted by ckk2266 > 2015-10-05 19:53 | Report Abuse

http://m.selangorku.com/?post=82290

Posted by jacklintan > 2015-10-05 20:04 | Report Abuse

thank you ckk2266. Let's stay and comment positive on Puncak. Later, we can cha-cha our way every night! haha!

Posted by cheoky > 2015-10-05 21:31 | Report Abuse

Up up up all the way.....

Posted by sudahkena > 2015-10-05 22:05 | Report Abuse

Hng.. I will hold until 1 or 2 day b4 exdate.... ths right decision? Or too much risk?

Posted by hng33 > 2015-10-05 22:38 | Report Abuse

Sudahkena

Difficult to tell, it also depend on market sentiment on 15 oct....if market response bullish, or news portal write up positive comment or Rozali promise to declare sepecial dividend as fast as possible soon after it received RM 1.56 billion....many factor may affecting Puncak perfromance on the day of completion....

Although is right strategy to sell on news, but past experience only can act as reference, therefore,i will close monitor the share movement first, afterall, every 1 sen different also make quite a different now in profit as i have today further use margin line to further increase my stake by almost another half of my initial volume....i need to take extra attention to try hard ans maximize my profit if possible.

Posted by hng33 > 2015-10-06 00:13 | Report Abuse

Ketua Setiausaha Kementerian Tenaga, Teknologi Hijau dan Air (Kettha), Datuk Loo Took Gee, berkata......Tidak wujud sebarang masalah, bahkan wang berkenaan sudah diserahkan kepada individu berkenaan dan pembayaran akan dibuat sebaik semua aset itu dikemukakan," katanya dipetik BERNAMA.......

Posted by Roger123 > 2015-10-06 02:16 | Report Abuse

Hopefully u r right....But...

Posted by MoneyInTheAir > 2015-10-06 08:39 | Report Abuse

By CIMB Research

Add (from hold)

Target price: RM3.40

CIMB Research said Puncak Niaga Holdings Bhd remained undervalued, with a market capitalisation that is 29% below the RM1.6bil offer price for its water business.

But it reiterated an “add” rating on Puncak, stating that the Selangor government had a stronger conviction that it would ensure that the conditions precedent for the RM1.6bil sale and purchase agreement (SPA) with Puncak would be met and completed by the Oct 15 deadline, and that there would be no more delays.

“This news is positive and should put to rest additional concerns regarding how fast Puncak’s RM1.6bil water deal can be revived following the signing of the supplementary agreement between the Federal and the Selangor governments,” said CIMB.

The RM1.6bil combined valuation offered by the state government for Puncak’s 100% stake in Puncak Niaga (M) Sdn Bhd (PNSB) (water treatment concession) and 70% stake in Syabas (water distribution concession) remained unchanged and accepted by Puncak.

With the final stage of the state’s first water acquisition deal underway in the next one to two weeks, Puncak would be exiting its water business and focusing on its oil and gas, and construction outfits, said CIMB Research. “Our earnings-per-share forecasts are retained pending the completion of the deal,” it said.

Assuming that the SPA could be completed and finalised by end-October, CIMB Research said Puncak should be able to announce and distribute the special dividends in the fourth quarter of 2015 or first quarter of 2016, at least, and this offered investors a shopping 38% yield.

Posted by hng33 > 2015-10-06 09:07 | Report Abuse

hahaha, go go go

Posted by sudahkena > 2015-10-06 09:08 | Report Abuse

Last night got buy call for puncak n kps fr 3 group whatup and 2 group telegram... now remiser made free promo to us...

Posted by sudahkena > 2015-10-06 09:51 | Report Abuse

Hng... using margin facilities. .. bank will high int rate..

Posted by fzank > 2015-10-06 09:54 | Report Abuse

hahahaha .... CIMB, AFFIN & all the IBs busy sweeping up pooncak at 2.74 after bearish view last 2 weeks .... soon all ANALyst will come up with target prices at high as 3.40 & plus .... hehehe

Posted by fzank > 2015-10-06 09:55 | Report Abuse

IT'S NOW OR NEVER .... lol

Posted by fzank > 2015-10-06 09:57 | Report Abuse

poon-cak ... poon-cak-cak .... poon-cak-cak .... hehehe

Posted by hng33 > 2015-10-06 09:57 | Report Abuse

sudahkena

Margin interest rate is 0.38% a month (4.5%pa). Can easily absorb by daily contra trading and margin line is great facilities to leverage on Puncak potential more than 10% gain.

Posted by fzank > 2015-10-06 09:58 | Report Abuse

congrats to kahhoeng kor-kor for his patience ... hehehe