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

samsoongyc

732 posts

Posted by samsoongyc > 2015-11-23 10:57 | Report Abuse

Countdown....11 days to b eligible for div

Roger123

1,821 posts

Posted by Roger123 > 2015-11-23 12:14 | Report Abuse

Boom. Warrant died

sudahkena

1,804 posts

Posted by sudahkena > 2015-11-23 13:08 | Report Abuse

Convert all lah..still have time..

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-11-23 13:25 | Report Abuse

Actually, those buying warrants today may face the risk of not getting them converted...

LHKOAY

35 posts

Posted by LHKOAY > 2015-11-23 13:38 | Report Abuse

kahhoeng , if dont converted what will happen

LHKOAY

35 posts

Posted by LHKOAY > 2015-11-23 14:14 | Report Abuse

convert

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-11-23 15:11 | Report Abuse

Warrant holders are not entitled to special dividend of RM1.00, so price of warrant will drop substantially if not converted. Those owning warrants, make sure to convert immediately. An example, currently Puncak is at 2.86. Assuming price is to remain the same at 2.86 right before ex-date, Puncak will trade at 1.86 ex-special dividend date (since RM1.00 is to be distributed end of December) and warrant should trade around +/- 0.86. BEWARE!!!

LHKOAY

35 posts

Posted by LHKOAY > 2015-11-23 15:18 | Report Abuse

thank kahhoeng

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-11-23 15:26 | Report Abuse

To those still owning warrants, it's better to have them converted than selling at this price. It's actually not difficult, just call up your broker and seek help. There is still time, so long you bought it on last Friday or earlier. To those with some experience, call the registrar office to learn more. It's a shame we small investors be corned by those professionals at this moment of time. Just sharing what I know and hope I have not annoyed anyone.

LHKOAY, no problem, so long it helps...

amma

23 posts

Posted by amma > 2015-11-23 15:51 | Report Abuse

i smell shit

Roger123

1,821 posts

Posted by Roger123 > 2015-11-23 18:22 | Report Abuse

0.86.... Wood big loss

Roger123

1,821 posts

Posted by Roger123 > 2015-11-23 18:23 | Report Abuse

Congratulations alll

Roger123

1,821 posts

Posted by Roger123 > 2015-11-23 19:55 | Report Abuse

Hahahaha, plz hold..................................... for another 168

Posted by DreamCustodian > 2015-11-23 20:04 | Report Abuse

lumbering

Ahbeng11

198 posts

Posted by Ahbeng11 > 2015-11-23 22:10 | Report Abuse

Kahhoeng, hong long its take to convert warrant to mother share ?

samsoongyc

732 posts

Posted by samsoongyc > 2015-11-24 08:28 | Report Abuse

Wait....u can congratulate after we get div

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-11-24 08:44 | Report Abuse

ahbeng11, if you don't own the warrant now, its too late to convert already (registrar office needs to have the application by the latest Nov 25 before you are entitled to special dividend - or check with registrar office before buying). Remember, you need T+3 to get shares into your account, another day to prepare all paper work to have it sent to registrar office (a few more days of delay if your shares are parked under nominee in margin account.) Then, it would take registrar office another 5 - 7 working days to get those shares converted before mother shares appear in your account.

amma

23 posts

Posted by amma > 2015-11-24 09:08 | Report Abuse

semua sudah kena tipu...

money888

430 posts

Posted by money888 > 2015-11-24 09:10 | Report Abuse

nobody want to buy wb now....

Ahbeng11

198 posts

Posted by Ahbeng11 > 2015-11-24 09:35 | Report Abuse

Tq. Kahhoeng, i dont owned any warrant. Just take this opportunity to learn the process of convertion.

Tree21

1 posts

Posted by Tree21 > 2015-11-24 09:59 | Report Abuse

kahheong. I bought the warrant few months ago. Last Monday, I sent the warrant convertion form. On Wednesday, the amount of warrant that I wish to be converted removed from my account. However, until today, there are no new puncak mother shares added into my account. Is this normal?

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-11-24 10:07 | Report Abuse

Tree21, yes, you should receive yours within this week if I were not wrong. For confirmation, you can always check with the registrar office. The contact is available on the Puncak announcement on the Bursa with regards to conversion of warrants.

fzank

1,537 posts

Posted by fzank > 2015-11-24 10:15 | Report Abuse

hehehe ... lol ...

... semua sudah kena Tipu
... by Leepu

hahaha

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-11-24 10:18 | Report Abuse

fainted, don't know who is buying those warrants at 1.52 with some queuing at 1.55, doubt there is sufficient time for conversion...

taitaumau

277 posts

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

From my understating, normal warrant exercise form indicates that warrant status at time of conversion shall be at least T+3

lctw87

21 posts

Posted by lctw87 > 2015-11-24 12:25 | Report Abuse

since it's getting nearer, i just want to ask 1 thing..

Izzit for sure that share price will drop by RM 1 after the dividend?

RainT

8,448 posts

Posted by RainT > 2015-11-24 13:31 | Report Abuse

Yes yes sure
The share will reduce rm1
Here in there out
After I bought only know this
Too late

adam17

16 posts

Posted by adam17 > 2015-11-24 14:23 | Report Abuse

YES, for sure will deduct RM1.00. i also know only after i bought the share, but i sold all my share after confirm it will deduct RM1. Pls consult your reminser to know more info on the RM1 deduction.

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-11-24 14:34 | Report Abuse

To any stock, any dividend of any kind will face a adjustment post dividend date... the bigger question is, how much will Puncak price rise post special dividend date, that's open to any guess

lctw87

21 posts

Posted by lctw87 > 2015-11-24 14:40 | Report Abuse

After waited for so long from pre signing to post signing...and after dividend declaration.... So sad to c this is the end result....well...no choice then.... Just proceed to sell if that is the case....to sell today...c puncak also sedih....no year end holiday then... :-(

samsoongyc

732 posts

Posted by samsoongyc > 2015-11-24 14:44 | Report Abuse

The biggest question is how the syndicate wants to play it....waiting for Roger "moves"

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-11-24 14:50 | Report Abuse

Haha... who cares? I am only waiting for special dividend now.

Roger123

1,821 posts

Posted by Roger123 > 2015-11-24 14:53 | Report Abuse

Hahaha. I have warned u all before the deal, but no one believe. U get the dividend from the share price... Wat for

Roger123

1,821 posts

Posted by Roger123 > 2015-11-24 14:54 | Report Abuse

From right hand to left hand..............

Roger123

1,821 posts

Posted by Roger123 > 2015-11-24 14:54 | Report Abuse

But one thing i can tell u zhi niao bu fei zhe yi, yi fei zhong tian

Roger123

1,821 posts

Posted by Roger123 > 2015-11-24 14:54 | Report Abuse

Lalalala......

Roger123

1,821 posts

Posted by Roger123 > 2015-11-24 14:55 | Report Abuse

People dump i buy, poeple buy i dump

samsoongyc

732 posts

Posted by samsoongyc > 2015-11-24 14:58 | Report Abuse

Likewise.....at this valuation Roger wants to psycho us...what a nutty guy

Roger123

1,821 posts

Posted by Roger123 > 2015-11-24 14:58 | Report Abuse

Poeple buy this stock bec of 1) The deal (expected big reaction) Result: negative- No big earning surprise

Roger123

1,821 posts

Posted by Roger123 > 2015-11-24 15:00 | Report Abuse

2) Dividend (expected gap jump 0.60-0.80 when annoucement of RM1 dividend) Result: negative- No earning surprise.

Roger123

1,821 posts

Posted by Roger123 > 2015-11-24 15:00 | Report Abuse

Funny???

Roger123

1,821 posts

Posted by Roger123 > 2015-11-24 15:01 | Report Abuse

Will answer in December

samsoongyc

732 posts

Posted by samsoongyc > 2015-11-24 15:07 | Report Abuse

I bet my whole lifetime I will make $ on this counter btw I m positive already . I hav even held stock until major shareholder passed away so u want to frighten me hahaha

filidon

634 posts

Posted by filidon > 2015-11-24 15:17 | Report Abuse

the terms dividend shall mean money paid from the profit ( whatever reason ). It will not change the stock price down RM 1. The stock price move because of market/people. Let say 4th Dec price is RM 2.85, if touch 30% limit down, which is RM 1.99. If capital repayment then only stock price adjustment. In real market, stock price after ex-date normally down, because ppl already got their dividend, so they cabut as long as still got profit.

last time i also encounter one very funny weird situation when Sapura and Kencana merge ( now is Sapura Kencana. If i remember correctly, every share will earn around RM 0.50 per share after merge. But still people dumping and make the gap wider to RM 0.70 to RM 1 range earning. Then i sapu. At the date of merge, i can't sleep because i earn too much .

another funny weird case is privatization. When officially announced confirm privatization date, and ex date some more. Still people dumping. and the earning could be range 3% to 5% in just 2 weeks time or less. Fixed deposit also 3% per annum average but this one 2 weeks only

samsoongyc

732 posts

Posted by samsoongyc > 2015-11-24 15:41 | Report Abuse

I banana chinese... math better than him....imagine that !!!!

amma

23 posts

Posted by amma > 2015-11-24 16:00 | Report Abuse

kaulat.liau...

adam17

16 posts

Posted by adam17 > 2015-11-24 16:21 | Report Abuse

puncak wb will definitely drop to 80+ cent in this few days, yet still got ppl buying. haha.,..very funny.

**Filidon - i will say it is 100% will deduct Rm1.00. If you do not believe, Please just call up your reminser or securities firm manager and ask!!! you no need to listen to us, just call and find out yourself!!!

samsoongyc

732 posts

Posted by samsoongyc > 2015-11-24 16:41 | Report Abuse

Haha....Adam 17 u still need to ask ppl on this matter when we been thru so many cycle u must b kidding !!!

ronnie2u

667 posts

Posted by ronnie2u > 2015-11-24 16:53 | Report Abuse

Those who bought WB must be thinking to capitalize on converting to PUNCAK share after the dividend Ex-Date & payouts. Investors not traders will buy WB perhaps.

samsoongyc

732 posts

Posted by samsoongyc > 2015-11-24 16:58 | Report Abuse

Haha...getting funnier this forum....u sell 0.70 I buy for long term investment haha..........

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