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

sudahkena

1,804 posts

Posted by sudahkena > 2015-11-27 18:12 | Report Abuse

Fr the announcement shariah compliance. . Why ths no pages - which counter fr shariah to non shariah and which counter fr non shariah to shariah??? Formay change??

jjchan

7,182 posts

Posted by jjchan > 2015-11-27 18:15 | Report Abuse

Lately all LTH CEO are UMNO man---that is reason TRX land is offer to LTH first.

jjchan

7,182 posts

Posted by jjchan > 2015-11-27 18:28 | Report Abuse

I will discuss more on 4 Dec. Dont' want Roger to get into the discussion---he is so negative
after he sold all

jolie2

2,039 posts

Posted by jolie2 > 2015-11-27 18:35 | Report Abuse

Wah.. This one like hokkien movie. So many twist and turn. Very kan cheong.

Posted by Nelson Yoong > 2015-11-27 18:37 | Report Abuse

Yes, ha ha ha!!!

samsoongyc

732 posts

Posted by samsoongyc > 2015-11-27 18:45 | Report Abuse

Roger
Of course his I m only piggy backing.....

annchua

280 posts

Posted by annchua > 2015-11-27 19:01 | Report Abuse

Anyone know why puncak is excluded from shariah again?

sudahkena

1,804 posts

Posted by sudahkena > 2015-11-27 19:02 | Report Abuse

Really unexpected. ... what the game?? Lth also got trap

sudahkena

1,804 posts

Posted by sudahkena > 2015-11-27 19:41 | Report Abuse

investors are allowed to hold their investment in the Shari'ah non-compliant securities if the market price of the said securities is below the original investment costs. It is also permissible to keep the dividends received during the holding period.


http://www.bursamalaysia.com/market/islamic-markets/education/treatment-of-shariah-non-compliant-securities/

sudahkena

1,804 posts

Posted by sudahkena > 2015-11-27 19:41 | Report Abuse

So lth will keep the div....

jjchan

7,182 posts

Posted by jjchan > 2015-11-27 20:08 | Report Abuse

sudahkena. Please don't enlight Roger. He knows all. I don't want him to buy back on Monday--haha

sudahkena

1,804 posts

Posted by sudahkena > 2015-11-27 20:14 | Report Abuse

It ok..since today roger sell at loss

jjchan

7,182 posts

Posted by jjchan > 2015-11-27 20:42 | Report Abuse

Anyway only on 4 dec, the real price of Puncak will appear. The market has suddenly changed
today---all goreng stocks plunged. XOX by 30%--more will plunge on Monday (margin call )
Puncak last minute selloff today is good (monday less pressure)

jolie2

2,039 posts

Posted by jolie2 > 2015-11-27 20:43 | Report Abuse

Today is Black Friday.... US retailer mega cheap sale

sudahkena

1,804 posts

Posted by sudahkena > 2015-11-27 20:47 | Report Abuse

Monday another red coz tnb..rm2bill additional tax

ACELEE

175 posts

Posted by ACELEE > 2015-11-27 22:15 | Report Abuse

pls check whether MAYBANK etc on the list bo?So that means INSTI SELL THEM TOO?

Roger123

1,821 posts

Posted by Roger123 > 2015-11-27 22:56 | Report Abuse

I am done with puncak. Wasting time

jjchan

7,182 posts

Posted by jjchan > 2015-11-28 05:57 | Report Abuse

Last postings 6 messages in arow ---last breath. BonVoyage don't come back. Is a turtle if you make noise here again. byebye.
Anyway I think roger is keeping a keen eye on us. Say something bad, he will jump right back

sudahkena

1,804 posts

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

Roger... hng.... done with puncak.... I also almost done after sell yesterday..... ths is fake..only rozali win...

samsoongyc

732 posts

Posted by samsoongyc > 2015-11-28 09:37 | Report Abuse

Haha...talk only quits but their shadows is around . Well.... " talk is cheap "

annchua

280 posts

Posted by annchua > 2015-11-28 10:12 | Report Abuse

It will rise next week. .watch out

jjchan

7,182 posts

Posted by jjchan > 2015-11-28 10:28 | Report Abuse

Unless you invested more stocks and longer than me, there are certain experiences that you
wouldn't get from "Tips"--mostly traps or technical data bcoz it involved Human greed. By 7 Dec you should know. The world is round NOT square---all i can say now

sudahkena

1,804 posts

Posted by sudahkena > 2015-11-28 19:18 | Report Abuse

Kahhong. . Look at puncak wb closing friday... how much after exdate?? 0.9... I dont think so...

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-11-29 09:22 | Report Abuse

sudahkena, frankly, we have yet to know the number of warrants floated on Bursa upon the completion of conversion exercise. If there aren't many left, its easy to corner the market and control the price. Having said that, the reason for a maximum 0.15 per share premium is to account for 2 1/2 years of savings on RM 1 on conversion cost of warrants, nothing much. If Puncak share price responds well towards any business plan unveiled in coming months, it may not be worthwhile to buy warrant at such premiums. Of course, if Puncak share price barely responds for the next 2 1/2 years, surely the 0.15 could be worthwhile given the RM 1 conversion cost could be used for other investments yielding more than 5% return (of course, assuming one can make more than 5% in the market annually)

sudahkena

1,804 posts

Posted by sudahkena > 2015-11-29 09:36 | Report Abuse

Hopefully... valuecap start buying tmr

caocao

327 posts

Posted by caocao > 2015-11-30 01:36 | Report Abuse

Since non-shariah compliant again, don't think many will convert warrant so cash per share would be higher....after 8/12/2015 we will know. Also last time non-shariah compliant is because too much debt, now is because too much cash so if use the cash to acquire other business, hopefully can be shariah compliant again.

money888

430 posts

Posted by money888 > 2015-11-30 08:51 | Report Abuse

what is the reason for non-shariah compliant again this time? anyone know?

titus

4,169 posts

Posted by titus > 2015-11-30 09:11 | Report Abuse

breaking 2.70 soon...

Superb99

6,604 posts

Posted by Superb99 > 2015-11-30 09:12 | Report Abuse

useless counter

amma

23 posts

Posted by amma > 2015-11-30 09:12 | Report Abuse

why drop so much ? any problme ?

money888

430 posts

Posted by money888 > 2015-11-30 09:13 | Report Abuse

doesnt seems like press down price by someone...it is just thrown by retails...

titus

4,169 posts

Posted by titus > 2015-11-30 09:17 | Report Abuse

ya...company with plenty cash but no business. On the bright side, it is very much umno related counter. So will umno support it?...wishful thinking.
Unless they announce a new business development, they are pretty much stagnant

amma

23 posts

Posted by amma > 2015-11-30 10:05 | Report Abuse

looking at warrant i think going to drop to 0.60cts soon

samsoongyc

732 posts

Posted by samsoongyc > 2015-11-30 10:36 | Report Abuse

See whether to top up on Wed /Thurs .....

LHKOAY

35 posts

Posted by LHKOAY > 2015-11-30 11:44 | Report Abuse

getting worse

RainT

8,448 posts

Posted by RainT > 2015-11-30 12:16 | Report Abuse

Drop so much

RainT

8,448 posts

Posted by RainT > 2015-11-30 12:16 | Report Abuse

Whats wrong ?

jacklintan

1,722 posts

Posted by jacklintan > 2015-11-30 12:21 | Report Abuse

More people are buying at lower price, which is common. I give buy call.

stkoay

6,505 posts

Posted by stkoay > 2015-11-30 12:36 | Report Abuse

Roger must be very happy.......:))

jacklintan

1,722 posts

Posted by jacklintan > 2015-11-30 12:39 | Report Abuse

I now know why Hng33, called Roger123 a clown. "Sibeh song" self

annchua

280 posts

Posted by annchua > 2015-11-30 15:03 | Report Abuse

Buy buy buy

stkoay

6,505 posts

Posted by stkoay > 2015-11-30 15:25 | Report Abuse

Do it.......
.....before LTH does......

titus

4,169 posts

Posted by titus > 2015-11-30 15:27 | Report Abuse

after dividend paid, not sure will it dive. Looking at bright side, this is the time for ppl holding cash. Can go shopping buying good company. As they said cash is king. The challenge is will puncak find another goose that lay golden egg. This counter is heavily link to umno. Rub some shoulder and will the big bro give some help or big bro itself in deep shit.

jacklintan

1,722 posts

Posted by jacklintan > 2015-11-30 16:08 | Report Abuse

When times are bad, it is always the big bad guys the winner. Don't ever think Najib will come down these few years. It will gets tougher for him to come down too.So when they say cash is king, didn't you hear Najib said the same thing too? Read Puncak NTA and valuation. Buy before too late loh

titus

4,169 posts

Posted by titus > 2015-11-30 16:18 | Report Abuse

jack, meaning buy at 2.70? I think I wait till ex div and price adjusted to 1.70. Mayb dived abit to 1.50 or 1.20 and start buying. Sorry for the evil thought .....hehe

cheoky

2,823 posts

Posted by cheoky > 2015-11-30 20:54 | Report Abuse

Call warrant expired today.... Wait n c

jacklintan

1,722 posts

Posted by jacklintan > 2015-11-30 21:39 | Report Abuse

stkoay is Puncak BIG BRO. If he call for BUY, buy. This Taiko no joke one.
That's why I so love him hahaha

Puncak only concern to me is, this counter no business. O&G is "rugi".
BUT, nothing is forever profitable and nor it's stagnant unprofitable.
I only like this counter is because it's cash rich! (The rest is Kahheong comment)

Disposal of those short term holders are good! This includes hng33. But this fellow, when said sell alot, I checked on screen, tak nampak also. Maybe fake shouting there. Who knows...? ;x

Always remember, cash is KING!

jacklintan

1,722 posts

Posted by jacklintan > 2015-11-30 21:40 | Report Abuse

titus: If you're kaya and cash rich, why not?

kfui

23 posts

Posted by kfui > 2015-11-30 21:54 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/structured-warrants/4937165

35,000,000 PUNCAK-CF expired today.

We are pleased to announce that the PUNCAK-CF have expired at 5.00 p.m. on 30 November 2015 (“Expiry Date”). The Cash Settlement Amount shall be an amount in the Settlement Currency (if greater than zero), calculated as follows:

Cash Settlement Amount
= Number of Structured Warrants X (Settlement Price – Exercise Price) X (1/Exercise Ratio)
= Number of Structured Warrants X (RM 2.8280 – RM 2.7000) X (1/3.7000)
= Number of Structured Warrants X RM 0.0346

The Settlement Price has been determined at RM 2.8280, being the average closing price of the PUNCAK Shares on Bursa Malaysia Securities Berhad for the five (5) Market Days prior to and including the Market Day immediately before the Expiry Date.

The Cash Settlement Amount, less all exercise expenses (currently borne by the Issuer and no charge shall be incurred by the Holder) shall be made by way of cheque within 7 Market Days from the Expiry Date. The cheques will be delivered to Holders by ordinary post.

This announcement is dated 30 November 2015.

Posted by BenBlurBlur > 2015-12-01 07:30 | Report Abuse

Ur meaning issuer pull down Puncak price to reduce Settlement price is it?? Thank u

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