Posted by kahhoeng > 2016-11-24 21:41 | Report Abuse

hng33... I will voice NO in any meeting! In fact, will try to write up to SC after I have finished reading the QR and believe I have a case

Posted by hng33 > 2016-11-24 21:46 | Report Abuse

Puncak need core profitable business, and triplc is quick answer to Puncak. Triplc is good in construction and it have 2 long concession contract that last 20 year. These buiness model fit Puncak well.

Posted by rogers123 > 2016-11-24 22:17 | Report Abuse

Hahaha.... 100million loss vs 500million revenue (not net profit) = still making loss every year. Kahhoeng, just ask RZL to shut down the company and distribute all the money back to shareholders... Better deal. Hahahahah

Posted by angiess > 2016-11-24 23:14 | Report Abuse

I support roger and kahhoeng... shut down/delist is the best option!!

Posted by kahhoeng > 2016-11-24 23:57 | Report Abuse

angiess if minority shareholders never voice out, how would Rozali back down? I raised the question earlier of voicing out to SC and none said a word, good luck to minority shareholders, sigh!

Posted by cheoky > 2016-11-25 00:20 | Report Abuse

kahhoeng, i think most or maybe some of the minority shareholder feeling is same as you. Can write in to complain to rozali. I think nothing much will come out from there. only vote the board out during next agm or any egm. or maybe ask roger go beg rozali to privatize. he claims he know in and out of puncak.

Posted by r°Moi > 2016-11-25 07:56 | Report Abuse

Shocking results and no divvy

Neither a businessman nor executive chairman material... this rozali

Unless can back to concession business which is easy... just distribute the money!

Posted by angiess > 2016-11-25 08:24 | Report Abuse

Kah hoeng, what are the procedures? Since u r familiar u let me know what the things I can do..

Posted by rogers123 > 2016-11-25 09:01 | Report Abuse

Bought at 0.925. Will go to fight with u kahheong

Posted by smartly > 2016-11-25 09:15 | Report Abuse

drop 5c only now. not too bad though.

Posted by CK888 > 2016-11-25 09:49 | Report Abuse

Please count me in . I'll be on your side.

Posted by cheoky > 2016-11-25 09:50 | Report Abuse

gogogo kahhoeng. f the chairman wakaka

Posted by steveooikp > 2016-11-25 09:52 | Report Abuse

later will drop back.. could be worst...

Posted by kahhoeng > 2016-11-25 09:54 | Report Abuse

angiess frankly, this is the first time I bought a share with this 'kind' of majority shareholder... I will email SC to learn the process after compiling my data after the recent quarter report analysis. But doubt there will be any effect unless there are sufficient number of us meeting SC

the cash per share is still around 2.55 (63.7 million other investment + 913.7 million short-term investment + 229.9 million cash - 21.6 million long term loan - 21.6 million short term loan)/454 million shares if the payable is excluded.

Posted by Up_down > 2016-11-25 09:56 | Report Abuse

Its construction segment is running a ridiculous business. In the past 9 months, it has contributed 42 million revenue but suffering losses of 114 million.

Posted by rogers123 > 2016-11-25 10:01 | Report Abuse

I just bought 0.925 will sell when it reach 0.95. Contra gain slim profit. Hahaha

Posted by voon1900 > 2016-11-25 10:46 | Report Abuse

hng,x cut loss yet?

Posted by hng33 > 2016-11-25 10:48 | Report Abuse

As long as triplc deal is still ongoing, nothing to worry. Puncak will get big boost if deal materialize. Just hold for next outcome

Posted by vitac > 2016-11-25 10:53 | Report Abuse

Price will drop to same as armada...

Posted by SALAM > 2016-11-25 11:01 | Report Abuse

If deal does not materialise, you go Holland holiday......too many,many IFs

Posted by Up_down > 2016-11-25 11:08 | Report Abuse

The price of Puncak has been depressing for almost 1 year. Rozali will certainly want to make sure that he has accumulated enough shares (at cheap cheap price) of Puncak under his proxies to vote go for Triplc.....

Posted by rogers123 > 2016-11-25 12:26 | Report Abuse

Kahheong: Count me in ar....I am the shareholder now. I am gonna support u.

Posted by rogers123 > 2016-11-25 12:27 | Report Abuse

Buy triplc at premium price. Omg. This RZL is terrible....

Posted by rogers123 > 2016-11-25 12:29 | Report Abuse

Puncak cheated the aunty, uncle with special dividend n net cash 2.60++. Now u know. There is no free lunch in this world. Learn the lesson

Posted by rogers123 > 2016-11-25 12:30 | Report Abuse

Hng: Ur average is 1.09. Dont wan to average up?

Posted by rogers123 > 2016-11-25 12:43 | Report Abuse

Where is the icon888? Who said RZL is a capable businessman.

Posted by rogers123 > 2016-11-25 12:44 | Report Abuse

I bought at the lowest price 0.925 compared to Kahhoeng 1.80++ and Hng 1.09. I am so happy today.

Posted by rogers123 > 2016-11-25 12:47 | Report Abuse

Puncak will continue loss money for another 2 quarter at least. 100 million loss is forseeable.

Posted by voon1900 > 2016-11-25 12:52 | Report Abuse

armada is big company vif almost 6 billion share...tis puncak...is small .if the management team is reliable,they wil long come out n do someting..use u thinking..even tthe 1.5billion put at bank oso got 60million interest la...hw cn los 4 consecutive q....vif no core business n unkown in taking trpllc,i wan to ask u to cut loss nw...never invest in a company with loss plus no core business...if like xinquan n cap,u wil thank me for cutting loss..dun earn the gap of 3 to 4 senla,u cheapbag.

Posted by voon1900 > 2016-11-25 12:54 | Report Abuse

90sen>75sen–50sen-30sen-10sen-pn17-----toilet paper

Posted by voon1900 > 2016-11-25 12:54 | Report Abuse

fear

Posted by voon1900 > 2016-11-25 12:58 | Report Abuse

greed

Posted by voon1900 > 2016-11-25 13:00 | Report Abuse

kahhoeng,u r the unlucky 1.stil remember i am a newbie u advice me the puncak wb...

Posted by stockraider > 2016-11-25 13:21 | Report Abuse

Raider still think puncak got alot of value with net cash at Rm 2.00 per share mah......!!

Posted by steveooikp > 2016-11-25 13:30 | Report Abuse

you will see .... going to break 90 sen

Posted by beso > 2016-11-25 13:33 | Report Abuse

propose change of company name to
lembah

Posted by steveooikp > 2016-11-25 13:35 | Report Abuse

hehe ... puncak.
see ajiya when 72... ppl said cheap and chase...
now ... 65 sen....
see wtk ppl said 1.08 cheap...
now .... 102

all fake .... we are peanut... we cannot fight big fish....
why don't we all don't buy don't sell.
see wat happen.

100 small fishes = 1 big fish

Posted by stockraider > 2016-11-25 13:41 | Report Abuse

U see with the problem....talk bad of puncak....they actually don have much or any exposure loh.....!!

Lets think rationally a company share price of Rm 0.94 with NTA close to Rm 3.40 with cash per share of Rm 2.00 surely there is alots of margin of safety loh....!!

We should try to strategise the entry point loh...!!

Posted by beso > 2016-11-25 13:41 | Report Abuse

my advise is do not fight the downtrend company is making huge loss it will trend down further day by day

Posted by stockraider > 2016-11-25 13:44 | Report Abuse

If don try to buy....when can buy leh ??
It is already very cheap already mah...!!
Surely there is a point of entry mah....!!

Posted by jacklintan > 2016-11-25 14:55 | Report Abuse

what a tragic news from Puncak. From a profitting company, after the election, the company turn out this way. Was it planned?

Hng33, what is your idea?

No big fish sommore

Posted by kahhoeng > 2016-11-25 15:45 | Report Abuse

as much as I want to add more Puncak shares, the truth is, Rozali has just shown us anything can happen to its quarter report and share price 'will' adjust accordingly, despite the fact that the company still holding on to over 2.50 cash per share and minority shareholders should not be screwed this way... Rather hold on to my existing shares and wait out the storm while trying to engage SC to see what can be done. Still trying to decipher the quarter report, any input is appreciated

Posted by Up_down > 2016-11-25 15:50 | Report Abuse

You will never know what would happen in next QR. Anymore black hole to be covered in construction segment? A reversal of huge provisions?

Posted by little_snake > 2016-11-25 15:56 | Report Abuse

gone case... better cut loss n get in triplc else cry die u

Posted by kahhoeng > 2016-11-25 16:01 | Report Abuse

quite frankly, thought I bought into safety during a stormy macro environment, didn't realize the company I bought in can be worse than the macro factor... Don't like the garbage ride Rozali is taking us minority shareholders. Though, still don't believe he can just 'create' anything in balance sheet and expect nobody dare to fight back. Hope some big fishes coming to hantam this guy...

Posted by little_snake > 2016-11-25 16:03 | Report Abuse

in fact chart doesnt look good, this is y i nvr suggest ppl buy even my friend asking me say "triple bottom"... i am say, so? triple bottom in this case mean bearish sign lol

Posted by kahhoeng > 2016-11-25 16:34 | Report Abuse

had rozali been actively buy back company shares using shareholders' fund, there would be less concern funds will be misappropriated. Currently, it's as if Rozali telling minority shareholders, I do what I like, who cares if you eat shit!

Posted by steveooikp > 2016-11-25 16:37 | Report Abuse

puncak is attractive in another look.... stockraider... you are right... but aiyo...

Posted by steveooikp > 2016-11-25 16:37 | Report Abuse

my coastal down everyday...
I bot 1.53... now aiyo...
upset.

Posted by hng33 > 2016-11-25 16:39 | Report Abuse

Bought more Puncak at 93.5sen