@speakup, you seem to be cocksure regarding Tan Sri Rozali "ill intentions" to privatize Puncak and thereby rip off all the poor little minority shareholders..... sigh ! I hope this is no more than just a figment of your imagination; otherwise poor me will feel truly aggrieved ! Just real solid cash alone in the books is around RM2.70 per share .... this would be daylight robbery if it can get past the due process for privatization. Do you think there are no minority shareholders' protection in Malaysia ?
yes, cash maybe RM2.70/share, but that is not your money, it is the company's money. even if a company has RM5/share or RM10/share, if it doesn't share it with you, it is also no point however much money it has.
@speakup, veteran or not I still think the rule of natural justice must prevail ..... we are not a lawless country and I have faith in ...... sigh, how to say it huh ???
Dont discount the possibility... announcement from Tabung Haji... that it has sold rather non voluntorily.... due to Shariah thingy... Muslim want to do haji.... no reserve already... number of shares to sell still many...
hahaha, short term i trade contra and realize gain to indirectly lowering my previous average cost at 1.247, which i intend to keep and hold for longer term :D)
Long term hold for its attractive cash value + new business + potential privatized.......short term trade for contra by capitalize its share volatility
Puncak wishes to announce that its wholly-owned subsidiary, Puncak Niaga Construction Sdn Bhd (“PNCSB”) had recently secured the tender called by Jabatan Bekalan Air, Kementerian Tenaga, Teknologi Hijau dan Air (KeTTHA) for the operation and maintenance of a water treatment plant in Beaufort, Sabah (“Project”) as follows:-
Name of Project : Kerja-Kerja Operasi dan Penyelenggaraan Secara Komprehensif Loji Rawatan Air di Kampung Lawa Gadong, Beaufort, Sabah
Employer : Jabatan Bekalan Air, Kementerian Tenaga, Teknologi Hijau dan Air (KeTTHA)
Duration : Three (3) years from 1 February 2016 to 31 January 2019
Scope of works : To operate and maintain the water treatment facilities with a total design capacity of 76 MLD at Kampung Lawa Gadong, Beaufort, for bulk water supply to Labuan.
Other terms : As privately agreed with the Employer.
The Contract Document for the Project will be signed between the Parties in due course.
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....
r°Moi
5,802 posts
Posted by r°Moi > 2016-01-28 14:37 | Report Abuse
Oh.... ya.... some say beli... mati