That's my question too, why distribute rm1 and keep the rest. There must be something on plan. They just waiting suitable time to annouuce something, but why keep press down the share price ?
With 2 coconuts i see very clearly where Puncak stock price will be. But Roger with 3 coconuts cannot / don't even know where Puncak is going--very strange( Bomoh or someone else )
Privatization by controlling shareholder and PAC could be an option if the depressed share price continues after ex-. With cash so much higher than the total capitalization, they don't have to come out with a sen to undertake the corporate exercise.
So, why worry about the long-term prospects of Puncak's O&G or new construction business? I am sure Rosali has a plan since he has much much more interest in it than our's.
Just fear--plays havoc. Nothing comes close. Look at Gamuda price ( after receiving 28 billions Order--MRT), KPS and Salcon --All depressed. So all going to privatise.
Petronas sebut co usd50 for 5 th lagi.sy fikir cpo susah naik .puncak ada kata nak join plantation, tentu tak boleh maju.co hanya balik balik rm 1, core bissn.adakah aset air yg djual nilai rm1.bussn lain nilai rm2.logic ke.sy tkut nilai saham jd rm1 .high rissss...
Roger might be that smart ass that bought a lot of warrant and converted it because he know the price will go up 2weeks before the ex date. So, he discourage people to buy the warrant other many people will be holding the mother share and sell it at the a lower price which might affect the market. Now people need to buy with a higher price which will also help to boost the stock. Anyway, based on analytical study, the stock price will boost up within the week.
actually, I sold Puncak for the past few days in exchange for warrants, giving me an arbitrage profit of 0.0424 (post expenses) per share with paired sold Puncak, purchased warrant. During the first batch of action, I have bought back only 92% of warrants when Puncak averaged 2.89. So, seeing warrants at 1.75 today triggered my risk appetite, knowing that my first batch of warrants are close to be converted, so I bought some at 1.75 again.
Last call today. If Rozali selling Puncak then you have to worry. To convert warrant, Rozali got to borrow money, what where warrant left that are not cover by loan got to be sold. Just my case---haha
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Roger123
1,821 posts
Posted by Roger123 > 2015-11-13 21:27 | Report Abuse
Everyday down slowly. Lana alma bukit