Posted by jjchan > 2016-01-26 17:03 | Report Abuse

LTH holds about 15% of Brahims( i think).. LTH bought many Bursa losers. Why??

Posted by r°Moi > 2016-01-26 17:06 | Report Abuse

Puncak not exactly loser.... LTH weak.... now also less IPOs... don't know where they are going to get money........

Posted by r°Moi > 2016-01-26 17:07 | Report Abuse

I dont know... if LTH bought Malakoff IPO........... if yes...........

Posted by kahhoeng > 2016-01-26 17:11 | Report Abuse

Err... maybe LTH negotiates with Rozali, asking him to use 200 millions for share buyback? Current Puncak market cap is not even worth 500 millions

Posted by jjchan > 2016-01-26 17:15 | Report Abuse

Buyback shares and distribute as dividend

Posted by Roger123 > 2016-01-26 17:19 | Report Abuse

Kahheong: no way. Hahaha. U r too creative

Posted by Roger123 > 2016-01-26 17:22 | Report Abuse

Plz fall more

Posted by sell > 2016-01-26 17:25 | Report Abuse

O&G(GOM) losing money. Syabas(profitable) sold off how Puncak can make money? Int income> operating expenses?

Posted by hng33 > 2016-01-26 17:26 | Report Abuse

....The leaked documents purportedly detailed the central bank's alleged advisory to Tabung Haji over its slipping reserves and the declining value of its investments.

Bank Negara explained that while Tabung Haji is not a banking institution, its inter-linkages with the financial sector made it an entity which is under the indirect ambit of the banking industry regulator.

"While Lembaga Tabung Haji is not under the direct supervision of the Bank, advisories issued by the bank to non-bank financial institutions are aimed at ensuring the institutions will continue to be well managed and effectively perform the role for which they have been established. This in turn will contribute to financial stability," it said..........

.......The leak of the alleged Bank Negara advisory to Tabung Haji has caused a furore among the public and depositors, already uncertain with the fund's financial direction after its controversial investments into Felda Global Ventures and 1MDB which some claim had depreciated, if not evaporated outright, almost overnight.

A campaign asking depositors to withdraw their funds from Tabung Haji was launched not long ago over similar concerns with the fund's financial management......


Read more: https://www.malaysiakini.com/news/328303#ixzz3yLBr2sew

Posted by jacklintan > 2016-01-26 17:31 | Report Abuse

So, what are u indicating, Hng33?

Posted by Roger123 > 2016-01-26 17:37 | Report Abuse

A good excuse for puncak

Posted by hng33 > 2016-01-26 17:40 | Report Abuse

It indicating Tabung Haji financial ability could be at risk due to declining value of its investments and its lack of continuous support have causing further slumping in its investment ....including Puncak

Tabung Haji is major shareholder of Puncak, and its 9.9% stake in Puncak was acquire in 2014, mostly above RM 3.00 (cum dividend), but now Puncak seem continue heading south, Puncak share = KPS share price.

Posted by kahhoeng > 2016-01-26 18:45 | Report Abuse

suggest Puncak buying Shell Malaysia's 51% holding in Shell Refinery, that should be $$$. Shell Refinery has only 300 million shares trading at about 5. Assuming a 6 per share offer, that's only 900 million cash, much less that what Puncak holds.

Posted by BenBlurBlur > 2016-01-26 19:35 | Report Abuse

what stupid suggestion kahhoeng u have totally lost ur marbles is it?? Thank u

Posted by Lew Peik Yin > 2016-01-26 20:37 | Report Abuse

U all really creative lol

Posted by jjchan > 2016-01-26 21:20 | Report Abuse

When you have money ----wait for fire sales. Bandar Tun Razak Exchange is a very good choice but politics is a problem.

Posted by kahhoeng > 2016-01-26 21:28 | Report Abuse

Shell refinery is profitable, and current crude oil market is favorable to refinery. There is nothing wrong to buy refinery given that 51% cost less than 1 billion. Or, at least spend 200 millions for share buyback. Current Puncak's market cap is not even 500 millions, yet Rozali did or say nothing, only to appoint his son to be the director!

And, to speak of fire sale, Puncak is on fire sale now, yet we have to see any Rozali action!

Posted by jjchan > 2016-01-26 21:38 | Report Abuse

If LTH didn't Sell then my first suspect is EPF. With so few shares in hand, epf can push down and collect and push up to sell (recoup what they lost earlier)

Posted by annchua > 2016-01-26 22:07 | Report Abuse

Tomorrow down further. .might not be epf selling. .might be just public selling. .puncak 80sen

Posted by titus > 2016-01-26 22:18 | Report Abuse

any possibilities puncak declare more dividend? Since LTH lack of cash, declaring more div can help LTH. Oni hope the cash reserve is not given as bail out and vanished from puncak account. Anything can happen in this boleh land.

Posted by kahhoeng > 2016-01-26 23:05 | Report Abuse

titus, if rozali won't even buy back shares, do you think he would consider declaring another meaningful dividends?

Posted by Roger123 > 2016-01-26 23:31 | Report Abuse

All of u r very creative...................... They still have 3% of total shares to dispose.....So fasten ur seat bell tight

Posted by Roger123 > 2016-01-26 23:31 | Report Abuse

Hahahahaha. Wat LTH, EPF all r BS

Posted by Roger123 > 2016-01-26 23:32 | Report Abuse

Puncak gonna take over one company soon........... Was objected by insider

Posted by Roger123 > 2016-01-26 23:32 | Report Abuse

Lalalala

Posted by Roger123 > 2016-01-26 23:32 | Report Abuse

Insider is dumping... 3% to go

Posted by kahhoeng > 2016-01-26 23:59 | Report Abuse

roger, even if what you said is true, still not justifying the price drop?!?

Posted by Lew Peik Yin > 2016-01-27 04:20 | Report Abuse

Toger

Posted by Lew Peik Yin > 2016-01-27 04:23 | Report Abuse

Roger, means bottom line 1.05!? I d in high price nothing can do lol... Jz hold tight tight

Posted by Parkson > 2016-01-27 05:43 | Report Abuse

Unlike Parkson which has initiated shares buy back none is done in Puncak despite so call cash rich. Upon checking I find the money is used for paying high salary to directors ie RM 18.286 million. This is yet to include other staffs salaries. Even Rozali dare not buy his own shares unlike Parkson WC who has bought some shares not long ago.

The remuneration packages of the Directors of the Company received and receivable from the Group for
the financial year ended 31 December 2014 are categorised into the appropriate components as follows:-
Executive Directors Non-Executive Directors
(RM’000) (RM’000)
Salaries 8,852 194
Bonuses 3,898 17
Benefits-in-kind 161 13
Allowances 1,141 434
Employees Provident Fund 2,771 25
Leave Passage 390 390
Total 17,213 1,073

Posted by Roger123 > 2016-01-27 09:02 | Report Abuse

Plz don compare puncak with other company

Posted by Roger123 > 2016-01-27 09:02 | Report Abuse

all Bulsht

Posted by Roger123 > 2016-01-27 09:03 | Report Abuse

Last year suppose puncak will go to 3.60, but bec of hng... spoilt all the plan... Good!!!

Posted by Roger123 > 2016-01-27 09:04 | Report Abuse

Tat's y i said it wont exceed RM3

Posted by Roger123 > 2016-01-27 09:06 | Report Abuse

Kahhoeng: U think i am still BS, Wat i told u all came true..... Not even one mistake... Told u before puncak gonna drop below 1.20 when it was 1.80++, Everyone teased and laughed at me....But now?

Posted by Roger123 > 2016-01-27 09:06 | Report Abuse

1.10 only

Posted by Roger123 > 2016-01-27 09:10 | Report Abuse

puncak will keep dropping

Posted by money888 > 2016-01-27 09:33 | Report Abuse

agree...run while you can...80sen to come...

Posted by moomoo12 > 2016-01-27 09:44 | Report Abuse

tabung haji unloading...bcoz heavy withdrawals..

Posted by jjchan > 2016-01-27 09:45 | Report Abuse

Roger is just a "blabberMouth"

Posted by titus > 2016-01-27 09:49 | Report Abuse

market up...most stock up.....puncak down. keng....

Posted by money888 > 2016-01-27 09:50 | Report Abuse

not tabung haji unload yet...not yet...

Posted by kahhoeng > 2016-01-27 09:51 | Report Abuse

until quarter report is out outlining the total cash in hand and after Rozali announces how he would spend the billion, its hard for us to reap any benefit from selling the water business. It has instead dragged us into shit, sigh!

Posted by Sebastian Sted Power > 2016-01-27 10:00 | Report Abuse

Puncak re-brand become Pucat

Posted by jjchan > 2016-01-27 10:09 | Report Abuse

RoCat

Posted by Roger123 > 2016-01-27 10:15 | Report Abuse

Jjchan: Better go back to ur kps, or else ur kps will be 0.80

Posted by jjchan > 2016-01-27 10:18 | Report Abuse

Qing RGB 0.08 ( down from 0.10) Look like "Kuih Carpet"

Posted by nnmm > 2016-01-27 10:29 | Report Abuse

有影无?会爆的股？

Posted by hng33 > 2016-01-27 10:40 | Report Abuse

Bought more Puncak again at 1.06-1.09, further average down cost

Posted by kahhoeng > 2016-01-27 11:06 | Report Abuse

hng33, do you think Rozali dare to acquire shitty businesses for Puncak? While have some faith in the balance sheet, have no idea what kind of man Rozali is right now. Sigh!