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

0.23 - 0.235

Trading Volume

5,500


24 people like this.

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

jolie2

2,039 posts

Posted by jolie2 > 2015-10-10 18:11 | Report Abuse

the content of the blog will be like this

a) today i bang one chinese lady named Ah Soh
b) next day i will bang again another lady-boy name Ah Porn
c) after that i going to bang a menachi named Tangavelo

jolie2

2,039 posts

Posted by jolie2 > 2015-10-10 18:33 | Report Abuse

then the blog continue further :

i still not satisfy with my banging, i go to zoo negara and bang all the tiger , ziraffa , elephant and the badak sumbu at last

sign off
speedy gonzales Ng

hng33

20,463 posts

Posted by hng33 > 2015-10-10 19:02 | Report Abuse

Hahaha, after clown roger, now puncak thread back again with another clown jolie2.....but so strangely when puncak share below 2.60, puncak cg at below 10sen, kps below 1.26, never see these girl clown perfroming her trick, sing song!? But now, out of sudden reappear when all water theme share perfroming?

sudahkena

1,804 posts

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

Hng.. it good if u can share ur opinion in blog....

sudahkena

1,804 posts

Posted by sudahkena > 2015-10-10 19:21 | Report Abuse

Coz I dont like buy call fr remiser like zamsaham...lucky me never go their class

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-10-10 20:56 | Report Abuse

hng33, yeah lah, get a blog of your trades, and share with us if you don't mind. ignore negative voices...

hng33

20,463 posts

Posted by hng33 > 2015-10-10 21:00 | Report Abuse

Kahhoeng, sudahkena

Before i post trade in these forum, i have posted all by trade record in the blog.....wealth-trade.blogspot.com....blog owner is horse. I think the blog record my trade since 10 year ago alrdy. The blog owner and me share likeminded investment strategy but at different approach. Both of us are active trader, and willing to share and through sharing, we learn each other strength and weakness...i have long time yet to update in the blog ever since active in these forum as posting here can be share with much more investor and can exchange view and learn a lot from these forum.

kahhoeng

3,950 posts

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

hng33, so many noises here, plus, including me, not many are aware of all stocks that you are following and trading. it would be easier to read your thoughts had you created a blog. Or, could you put your thoughts into a particularly space here on i3investors? Sometimes spot some good articles here in i3investor, but didn't really explore in details. Then, we can go and read accordingly.

hng33

20,463 posts

Posted by hng33 > 2015-10-10 21:12 | Report Abuse

Kahhoeng

After sold puncak, puncak cg, kps, armanda, knm last friday, i have free up all margin line and free up more than 75% capital, I opt to further increase my stake in wct-wc, wct-wd, wct-we and iwcity.

But, my portfolio still flush with capital as i am always ready to re enter back oil and gas stock,and water theme stock, puncak and kps.

hng33

20,463 posts

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

Kahhoeng

I do agree there is weakness in using these forum, there are some have very selfish thought, and have negative oriented minded which i have experience in many stock thread aside puncak, there are appear in bjcrop, osk, maybank, kps, mkland, symlife....it force me to expose them and fend off and backfire with the their contradiction..... in hope that these forum can continue be use and on right track....sharing thought, exchange investment view, get most updated 'reliable' information (But unwelcome fake insider-man), learning through other experience and try to minimize risk in stock investment, so that everyone at least have better odds in winning and profiting from stock investment.....but being person willing to share, sometime indeed get frustrated and becoming less and less enthusiasm to continue post in stock thread that is deviate from original objective....especially with more and more nonconstructive noises or 'singing song' like what happen in KPS thread by jolie2..!!!

jolie2

2,039 posts

Posted by jolie2 > 2015-10-10 22:23 | Report Abuse

wah... talk like very expert-lah
don;t so seriouslah .... let me entertainment you with this song ................ wlliam hung ... SHE BANG .. maybe you can put this song in your new blog

https://www.youtube.com/watch?v=pJRnPn41jqM

jolie2

2,039 posts

Posted by jolie2 > 2015-10-10 22:54 | Report Abuse

NO OFFENSE .

WILLIAM HUNG IS DIFFERENT FROM WILLIAM HNG

EPF_sell

83 posts

Posted by EPF_sell > 2015-10-10 23:08 | Report Abuse

Thanks for pushing up. Gain here can give EPF members good 2015 dividend.

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-10-10 23:30 | Report Abuse

hng33, thanks for the update. Just ignore those you found annoying. Many appreciate your thoughts, including myself. Even though I have yet to successfully follow your exit strategy, your entry strategy has helped me in my decision making and a failed attempt to sell yesterday at 2.87. Guess will wait till Oct 15 now

jolie2

2,039 posts

Posted by jolie2 > 2015-10-11 00:04 |

Post removed.Why?

money888

430 posts

Posted by money888 > 2015-10-11 09:17 | Report Abuse

Kahhoeng..why sell now after you wait so long?why not wait until RM1 special dividend is announced?

confuse

570 posts

Posted by confuse > 2015-10-11 09:34 | Report Abuse

Is completion date meaning RM 1.5 billion must be received on 15th Oct? If not when the money must be received?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4889337

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-10-11 09:58 | Report Abuse

money888, I have added some Puncak position by selling Puncak (for every Puncak share) and adding Puncak warrants (I buy 1.25 warrants) when Puncak is around 2.58 and its warrant at 1.58-1.59. Since hng33 has been right on his trade calls on almost 80%, thought if I were to dispose the additional 25%, I could preserve some cash. If it drops later I can add back those position. If it rise, I will just assume I realize the profit like hng33 said. Anyway, initially, I was with a friend discussing some matter and didn't have time to think over it. By the time I was free and overcoming the struggle on selling decision, its too late to fill my sell order despite my sell order (think enter around 4.30 p.m.).

jolie2, ?!?

confuse, I also want to know. My assumption is Puncak shall receive the money by the latest Oct 15. How else would Puncak hand over the asset?

kfui

23 posts

Posted by kfui > 2015-10-11 10:53 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4204589

Page 5 of Circular Part 1 - the balance of 1.55b shall be paid by Air Selangor at Completion Date of SPA. Puncak announced that Completion Date of SPA is on 15 Oct 2015.

If you wonder why there are 2 dates announced by Puncak.
Page 5 clause 2.3.3 - Puncak shall ensure the handover of assets to be completed on (15 Oct 2015) 7 days after the last special condition and condition precedent being fulfilled (ie. all and the last condition was fulfilled on 8 Oct 2015).

Upon receiving the proceeds balance 1.55b, Puncak Board need to decide when is the dividend entitlement date. Circular state it will pay within 3 months after completion.

I think Puncak should pay as soon as possible to reward long-waited shareholders since it was 8x delays. Hope this can be happened by year-end (within 2.5 months), as some research house expect.

Roger123

1,821 posts

Posted by Roger123 > 2015-10-11 23:32 | Report Abuse

Hng is my hero of river

Posted by superspeculator > 2015-10-12 00:25 | Report Abuse

At 2.86, puncak's market cap is 1.179B. Puncak will receive 1.55B cash on 15th this month.

confuse

570 posts

Posted by confuse > 2015-10-12 00:43 | Report Abuse

superspeculator may I know why you exclude warrant conversion in your calculation? How sure are you said RM 1.55 billion cash to be received on Oct 15th? Possible further delay as it has been so many times this year?

fzank

1,537 posts

Posted by fzank > 2015-10-12 10:54 | Report Abuse

hehehe while the kps-gsm euphoria hits kps .... puncak is still stuck with 'confuse' since 'Oct 12, 2015 12:43 AM' ..... lol

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-10-12 11:59 | Report Abuse

truth is, how can puncak reach its fair value if so many anal-ysts insisting on cash per share of only 2.90 after water restructuring and concern on its o&g business (midf even emphasizes 20 millions losses in 6 months)

money888

430 posts

Posted by money888 > 2015-10-12 13:23 | Report Abuse

these are bangsat analysts...now crude oil price is recovery le...

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-10-12 15:01 | Report Abuse

Guess we May have to wait until Puncak able to show profit after asset disposal or a balance sheet showing cash per share of around 3.60 after disposal (before dividend)..

ckk2266

1,210 posts

Posted by ckk2266 > 2015-10-12 15:18 | Report Abuse

Collection mode in progress @ 2.87?

cheoky

2,823 posts

Posted by cheoky > 2015-10-12 15:34 | Report Abuse

patience

jacklintan

1,722 posts

Posted by jacklintan > 2015-10-12 16:37 | Report Abuse

anybody want 2.90? I am selling :)

jacklintan

1,722 posts

Posted by jacklintan > 2015-10-12 16:52 | Report Abuse

what a nice window dressing price for Puncak today.

sudahkena

1,804 posts

Posted by sudahkena > 2015-10-12 17:01 | Report Abuse

Look promising ths Thursday

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-10-12 17:04 | Report Abuse

managed to sell 13k shares at 2.88, but got greedy and added 16k shares of warrant at 1.89. Instead of reducing position, I have actually increased my exposure in Puncak, despite an increase in cash position.

jacklintan

1,722 posts

Posted by jacklintan > 2015-10-12 17:05 | Report Abuse

Don't you all forget this coming WEDnesday is PUBlic Holiday! MO MARKET bfore 15th OCTOBER. Tomorrow maybe crucial for the price betting.

jacklintan

1,722 posts

Posted by jacklintan > 2015-10-12 18:46 | Report Abuse

kahheong: Seriously, it's too early to sell as tomorrow will be the most crucial day. Let's wait for tomorrow.

Roger123

1,821 posts

Posted by Roger123 > 2015-10-12 19:02 | Report Abuse

Kahhoeng: Thanks for buying my puncak warrant at 1.89

Roger123

1,821 posts

Posted by Roger123 > 2015-10-12 19:05 | Report Abuse

Lalalalalala

sudahkena

1,804 posts

Posted by sudahkena > 2015-10-12 21:39 | Report Abuse

No more show??? After so many year delay..?

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-10-12 22:09 | Report Abuse

sudahkena, hopefully another one after deal completion is announced... and another one when a confirmed date and amount of special dividend is announced... and another one when quarter report shows profits despite asset disposal... and another one after showing an asset per share jumps post asset disposal...

Roger123

1,821 posts

Posted by Roger123 > 2015-10-12 22:44 | Report Abuse

Kahhoeng can perform the show for u..... t i g e r show?

upsidedown119

4,326 posts

Posted by upsidedown119 > 2015-10-13 09:45 | Report Abuse

Take-over not complete until Roxali's paid. Wait for the announcement.

smartly

6,441 posts

Posted by smartly > 2015-10-13 11:19 | Report Abuse

no show

Posted by superspeculator > 2015-10-14 11:21 | Report Abuse

Valuecap will buy puncak

confuse

570 posts

Posted by confuse > 2015-10-14 11:27 | Report Abuse

Tomorrow is 15th Oct. So for the water deal to complete Puncak must receive RM 1.553 billion by 4.30pm(bank closing time) right?

Posted by confirmhit > 2015-10-14 12:52 | Report Abuse

Confirm settle the cash tomorrow. Enjoy the ride boys.

ckk2266

1,210 posts

Posted by ckk2266 > 2015-10-14 13:33 | Report Abuse

Vrooommmmm...Vrooommmmm....Vrooommmmm

upsidedown119

4,326 posts

Posted by upsidedown119 > 2015-10-14 14:13 | Report Abuse

Yeah, get your bullets ready if really confirmed. I don't think Azmin can afford anymore delay as it's negative for his competence.

cheoky

2,823 posts

Posted by cheoky > 2015-10-14 14:26 | Report Abuse

buckle your belt for a ride toward puncak...

sudahkena

1,804 posts

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

Waiting official fr both azmin n puncak... then all water stock fly..

Roger123

1,821 posts

Posted by Roger123 > 2015-10-14 21:13 | Report Abuse

Dream dream dream

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