Upfront... long before the DueD... on the TRIplc RPT... the question How to get a YES vote from the minorities?... must already be playing in the mind of Rozali...
The Board of Directors of Puncak wishes to announce that the Company's 98.65% subsidiary, Sino Water Pte Ltd ("Sino Water") and Environmental Holding Pte Ltd ("EHPL") (collectively known as "the Vendors") had on 13 July 2016 entered into a Framework Agreement ("FA") with the Lushan County People's Government ("Lushan Government") for the proposed disposal of the Vendors' entire equity interests in Luwei (Pingdingshan) Water Co., Ltd ("Luwei Co Ltd") to a state-owned enterprise ("the Purchaser") to be identified by Lushan Government ("Proposed Disposal").
For full details of the announcement, kindly refer to the attached file.
a company with a net cash of more than 1.2 billion but traded at less than 450 million, yet the management and board said NO word and do NOTHING, a real pity...
Kahk and r moi. Do you guys still hold puncak. Can you guys advice me . I should cut loss now or keep holding puncak. Can ask is puncak still got future . Please advise me guys i pening
Angie.... while those with margin financing debts feel the urgency.... and Rozali appears to be kinda relax as he is debts free... but in fact it has not been that long actually
Err... on balance sheet, there could be no write down, I suspect the writedown has been allocated in the last quarter report. On net cash basis, Puncak should actually experience an increase.
According to the AR 2015 (Note in Geographical Information ), Overseas's operation contributed Revenue RM 2.5 million whereas Non-Current Asset worth RM 74.8 million...very very poor operation. These amount was directly related to investment in Sina Water, RPC. Not sure if there is any losses results from the disposal or not.
hahahha clown roger always posses clown mind....too bad...never change...next time, learn lesson ya...if wan follow trading, must follow whole process.....buy must follow with sell in order to lock profit, ya
Kahhoeng is the victim of puncak bec of u. Impressive interpretation. Now i think he got sok sok de... Always tell poeple about the net cash of puncak. Can see but cant get.. Hahaha
Clearly, I posted buy here because of incoming special dividend...and I posted sell because of special dividend cataylst alrdy declared......sell on news.......but if people known only buy......, but refuse to sell to lock profit, that is their matter.
Paris terror attack kill 80 people......focus back on cash rich stock, Puncak for incoming acquirsition of construction cum concession buiness, and Kps for upcoming splash deal.
Roger, I bought puncak before I check this place... I hold cause I thought cash rich company is better than debt rich... I bought both hdbs and puncak but sold hdbs too early when I thought puncak is much cheaper than hdbs, guess it's wrong
lollll....so pity you clown Roger123.....still living in historical state..self denial and self-illusion...wake up.....clown....be clear mind, look forward ...ya..
Yes.... Tan Sri Rozali..... 30% discount to FV..... PLUS..... an 80 sen special cash divvy..... will get a YES vote from the minorities..... for your TRIplc RPT
rMoi, you will have to be an insider to be sure of that special dividend... Frankly, 0 trust in Rozali now, if not for so undervalued, would have sold them and replaced them with other stocks...
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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 > 2016-07-11 17:46 | Report Abuse
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Luv u.. Hate u... Luv u.. Hate u...
HaHa...
Kaheong & PUNCAK... I.. luv u.. hate u...luv u.. hate u...luv u.. hate u... luv u luv u luv u
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