This counter drop like no tomorrow, never ending droping. but If kahleong is rite about the net cash, then can consider to go in again. But this time wait Roger Call to Buy.
Puncak with 1 over billion cash can buy up few engtex, chilwell or even take itself private ^_^. too bad it is not reflecting the value. Now is the time ppl holding cash to be the king. I really hope Rozali use the cash to acquire great company. By end of feb, we will know is the money still there or vanish into thin air.
The government will take measures to cut spending, including studying the privatization of projects, the finance ministry’s top bureaucrat Mohd Irwan Serigar Abdullah said Wednesday.
Hope Rozali don't venture into oil and gas as bail out for u know who and what company. Fuel going to be cheaper than water soon except for malaysia. Government is cutting spending. Having said it won't touch project but PETRONAS themselves is cutting capex. I wonder what other business is viable.
wow, puncak has fallen so much. it is 50% for those who bought at 3. I bought some at 1.36 but luckily very small amount. thought want to earn some mcd but now lost a sirloin steak.
Puncak share may dropping due to market sentiment, but fundamental cash level is increasing. I have resume to continue accumulating Puncak on weakness as i have free up most of the capital from other stock.
Will wait for market response once Puncalk Q4 result is release next month before decide on target price.
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 > 2016-01-18 09:38 | Report Abuse
my target is soon