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

jacklintan

1,722 posts

Posted by jacklintan > 2015-10-21 21:30 | Report Abuse

Roger123: Congratulations! What other stocks are you looking into? Mind sharing? I give a shit.

jacklintan

1,722 posts

Posted by jacklintan > 2015-10-21 21:42 | Report Abuse

Fzank: Thank you for your lovely musics.

Stay invested in Puncak. This is one of the best stable stocks ever I'd ever seen.Do read the charts.

jacklintan

1,722 posts

Posted by jacklintan > 2015-10-21 21:43 | Report Abuse

Today Supermax 24cts UP! I'm stunned!

Posted by BenBlurBlur > 2015-10-22 09:34 | Report Abuse

Soon Puncak wil b reclassified to OIL & GAS n its price wil drop like other OIL & GAS counters is it?? Thank u

samsoongyc

732 posts

Posted by samsoongyc > 2015-10-22 09:54 | Report Abuse

Haha...one double blur guy...

speakup

27,061 posts

Posted by speakup > 2015-10-22 10:27 | Report Abuse

GAME OVER!

Roger123

1,821 posts

Posted by Roger123 > 2015-10-22 10:32 | Report Abuse

Goneeeeeeeeeee

Roger123

1,821 posts

Posted by Roger123 > 2015-10-22 10:33 | Report Abuse

Zali not going to give special dividend?

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

The price has now dropped I blur blur samsoongyc u r d one who is blur blur blur is it?? Thank u

speakup

27,061 posts

Posted by speakup > 2015-10-22 10:55 | Report Abuse

If you love water counters, take a look at PBA. PBA is definitely better than Puncak & KPS. Now up 27% from it's recent lows.

samsoongyc

732 posts

Posted by samsoongyc > 2015-10-22 11:08 | Report Abuse

1 or 2 cents drop u panic what the shit....don't play stock market if cannot take it

BuLLRam

1,104 posts

Posted by BuLLRam > 2015-10-22 11:15 | Report Abuse

LOL...Kakakskakakikikikikiki...

Posted by BenBlurBlur > 2015-10-22 11:21 | Report Abuse

samsoongyc I say a bit -tive u quickily discredit me u r d one panic like shit is it?? Thank u

samsoongyc

732 posts

Posted by samsoongyc > 2015-10-22 11:38 | Report Abuse

I don't panic my fren u can press it down to 1.50 I no problem I just buy more....

ckk2266

1,210 posts

Posted by ckk2266 > 2015-10-22 11:39 | Report Abuse

Bought some@2.81

Posted by BenBlurBlur > 2015-10-22 11:47 | Report Abuse

Puncak join oil & gas whn oil prices more thn US 100 now < US 50 so Puncak wil b very very hurt by its oil & gas biz result from now red red red is it? Thank u

Roger123

1,821 posts

Posted by Roger123 > 2015-10-22 11:47 | Report Abuse

ckk: Buy after the US debt. Still have time.......

samsoongyc

732 posts

Posted by samsoongyc > 2015-10-22 12:02 | Report Abuse

Confirmed its a blur2 guy . Puncak is not oil n gas sector with over 1.5B cash it can choose to b whatever sector it wants to be....

samsoongyc

732 posts

Posted by samsoongyc > 2015-10-22 12:05 | Report Abuse

Correction : Oil n gas sector only

kahhoeng

3,950 posts

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

Puncak has 1.7 - 1.9 billions CASH right now, depending on the warrants/sukuk to be converted, translating into 3.60 - 4.05 CASH per share. But then, anal-ysts propagating 2.90 CASH per share and should include a 5%-10% discount due to losses in O&G business.

Before anyone trying to suggest the cash in ONLY 2.90/share, could you kindly do some analysis on Puncak's latest quarter report before saying anything?!? It's annoying when one doesn't even attempt to conduct some basic homework and still claims to know everything...

What's more, after special dividend, Puncak shall still has 1.2 - 1.4 billions CASH, and assuming a modest interest rate of 3% per annum, the interests received itself will be 36 - 42 millions, more than enough to cover the losses in o&g industry. Frankly, totally has 0 idea why there is a need to put a discount on this CASH!

A recent ECOWORLD purchase of land of almost 1 million per acres in Kuala Selangor shall suggest Puncak has a minimum 280 millions worth of land convertible into property development given its landbank there of 280 acres, translating into 0.50 - 0.60 cash equivalent per share to Puncak. Even by developing this piece of land itself will easily take Puncak a busy 10 years property development opportunity without having to source a different business. When ECOWORLD purchased the land, ECOWORLD share price rises, while Puncak's landbank there is ignored... What to say, either Rozali has forgotten about his small shareholders or Rozali's reputation is really bad in the investment community to deserve the bashing!

sudahkena

1,804 posts

Posted by sudahkena > 2015-10-22 12:32 | Report Abuse

Waiting turn to shariah status first end nov??? After tht goreng??

hng33

20,463 posts

Posted by hng33 > 2015-10-22 13:02 | Report Abuse

Shariah status will be review next month. Puncak have high possible to re-enter into list, as Puncak now is debt free, net cash position status.

It is therefore, get rid of condition in shariah requirement on convention debt and sukuk debt ratio. If shariah status reinstate, it will allow LTH to resume accumulation.

Roger123

1,821 posts

Posted by Roger123 > 2015-10-22 13:36 | Report Abuse

Hahahaha

ckk2266

1,210 posts

Posted by ckk2266 > 2015-10-22 15:03 | Report Abuse

Bought some@2.8

speakup

27,061 posts

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

told u already....GAME OVER!

hng33

20,463 posts

Posted by hng33 > 2015-10-22 15:09 | Report Abuse

RM 2.80 now become a support level for Puncak

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-10-22 15:24 | Report Abuse

to meet shariah compliance, Puncak must NOT have more than 33% cash of which in conventional banking out of total asset (cash in Islamic account excluded in calculation.) In that sense, hng33's suggestion is not unreasonable... But I think the more important thing right now is to have Puncak announcing a date and amount to be paid out as special dividend!

upsidedown119

4,326 posts

Posted by upsidedown119 > 2015-10-22 16:20 | Report Abuse

Below 2.80 support level now.

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-10-22 16:29 | Report Abuse

yeah, my order for Puncak at 2.79 was filled just now... Shocking! Hopefully will begin to turn tomorrow, sigh!

ckk2266

1,210 posts

Posted by ckk2266 > 2015-10-22 16:54 | Report Abuse

Bought some @2.79

hng33

20,463 posts

Posted by hng33 > 2015-10-22 16:56 | Report Abuse

Bought Puncak CG at 10.5sen

BN_menang

2,982 posts

Posted by BN_menang > 2015-10-22 17:53 | Report Abuse

If follow what RHB write RM 1 special dividend could be delayed up to Q1 2016. Why hurry to buy now?

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-10-22 18:31 | Report Abuse

BN_menang, interesting idea, due to a 'possibly' delay in special dividend, even when Puncak share price is trading at 25% discount to its cash position and totally ignore its other debtless asset, we should not buy in a hurry?

jacklintan

1,722 posts

Posted by jacklintan > 2015-10-22 19:03 | Report Abuse

Puncak, you took such a toll for any particular reason? I'd been waiting for you, my love........(sigh)

upsidedown119

4,326 posts

Posted by upsidedown119 > 2015-10-22 19:17 | Report Abuse

So long as Roxali declare special div and fix the ex-date, investors will know what to do. The special div may be declared in November 2015 hopefully.

jacklintan

1,722 posts

Posted by jacklintan > 2015-10-22 19:26 | Report Abuse

upsidedown119:Pre-budget sounded like bad news will come from budget. Anticipating such roller coaster ride? How will Puncak be linked with the budget, I wonder? Anything to add?

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-10-22 19:29 | Report Abuse

jacklintan, same feeling, sigh!

hng33, just saw the KPS deal to sell Selangor water asset. The whole deal manages to clear KPS of debt but the net asset per share actually drops. Its nothing comparable to what Puncak is getting leh...

hng33

20,463 posts

Posted by hng33 > 2015-10-22 21:43 | Report Abuse

Kahhoeng

As mention ealrier, kps have two water concession and take over involwve 2 phases. First phases, disposed Abbass, become debt free and in net cash position while still retaining recurring earning from splash, annual eps 20sen.....second phases, if disposed splash at 1 x book value, then kps become cash rich.

BN_menang

2,982 posts

Posted by BN_menang > 2015-10-22 21:53 | Report Abuse

Kahhoeng until announcement of dividend ex-date further delay of special dividend is not impossible. Having said that should Puncak drop low enough(your guess) buying support will return.

BN_menang

2,982 posts

Posted by BN_menang > 2015-10-22 22:30 | Report Abuse

upsidedown119 I doubt November 2015 is the ex-date.

ec1705

84 posts

Posted by ec1705 > 2015-10-23 01:45 | Report Abuse

Roger123, have to sound more like Draghi la, more impactful!!! like WHATEVER IT TAKES!!! he spoke again last nite, moved market again. Love that guy.

jjchan

7,182 posts

Posted by jjchan > 2015-10-23 02:26 | Report Abuse

Roger= Dracula ( not Draghi )

Roger123

1,821 posts

Posted by Roger123 > 2015-10-23 09:10 | Report Abuse

It will fall back later

Roger123

1,821 posts

Posted by Roger123 > 2015-10-23 09:27 | Report Abuse

Boom boom kps back to 0

Roger123

1,821 posts

Posted by Roger123 > 2015-10-23 09:27 | Report Abuse

Congratulation jolie

jjchan

7,182 posts

Posted by jjchan > 2015-10-23 10:23 | Report Abuse

No big selling vol by EPF and LTH means dividend date is forthcoming next week or this Fri.
Two weeks max, Rozali has to inform Bursa what he is going to do with Sale proceed ( Not
Ah Pek company ) Firing all 4 cylinders--Get Ready

ckk2266

1,210 posts

Posted by ckk2266 > 2015-10-23 10:36 | Report Abuse

jjchan : give u LIKE!!!!

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-10-23 10:48 | Report Abuse

epf is no longer substantial shareholder owning more than 5% and no longer required to report any purchase or disposal. I think lth holding is much high n serve no purpose selling now, particularly when its holding so much cash...

jjchan

7,182 posts

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

There is NO more encumbrance. Just when do we get pay--in 2 weeks or 3 weeks ( no more
politics or rubbish mouth Roger )

Roger123

1,821 posts

Posted by Roger123 > 2015-10-23 11:21 | Report Abuse

jjchan: U wish. Hahaha

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