Posted by rogers123 > 2016-11-29 17:09 | Report Abuse

Stock: [SKPETRO]: SAPURAKENCANA PETROLEUM BHD
Nov 29, 2016 05:00 PM | Report Abuse

bought skpt at 1.41


Stock: [JTIASA]: JAYA TIASA HOLDINGS BHD
Nov 29, 2016 04:42 PM | Report Abuse

bought back all jtiasa at 1.35


Stock: [GENTING]: GENTING BHD
Nov 29, 2016 04:40 PM | Report Abuse

bought more genting wa at 1.40-1.42


Stock: [INSAS]: INSAS BHD
Nov 29, 2016 04:20 PM | Report Abuse

Accumulate more insas at 69.5sen


Stock: [INSAS]: INSAS BHD
Nov 29, 2016 04:03 PM | Report Abuse

bought insas at 69.5sen


Stock: [GENTING]: GENTING BHD
Nov 29, 2016 03:54 PM | Report Abuse

bought back all genting wa at 1.43


Stock: [GAMUDA]: GAMUDA BHD
Nov 29, 2016 11:58 AM | Report Abuse

bought back all Gamuda-WE at 1.16-1.17


Stock: [ARMADA]: BUMI ARMADA BERHAD
Nov 28, 2016 04:40 PM | Report Abuse

sold back all at 51.5sen, cut loss all


Stock: [ARMADA]: BUMI ARMADA BERHAD
Nov 28, 2016 11:50 AM | Report Abuse

These is the reverse way to average down holding cost

Posted by rogers123 > 2016-11-29 17:12 | Report Abuse

This guy is rich, plenty of money to average down.... Woooow.. Our HNG33 SIFU

Posted by kahhoeng > 2016-11-29 17:29 | Report Abuse

How many of you is interested to approach SC with regards to Puncak situation? Please repost this with your username included:

1. kahhoeng

Posted by r°Moi > 2016-11-29 17:54 | Report Abuse

Kahheong

A better way for you to spend your energy

Is to look thru that 2 China subsidiaries...

To see if there is anything bad and nasty..

Posted by kahhoeng > 2016-11-29 18:10 | Report Abuse

rMoi, you need to go through the book to know if anything hanky-panky. At least the plantation deal has something similar that we can compare and raise concern to SC. anyhow, add your name to the list if you are interested to meet SC for petition.

Posted by FAIRnREASONABLE > 2016-11-29 18:10 | Report Abuse

Kahhoeng

I shall write to SC as you suggested. I agree that we should do something more positive than just complaining in the forum.

1) Please help to draft a reasoned letter to SC so that others can use it too for sending their complaint/request to SC.

2) Please help to draft a letter to Rosali stating the sentiment of the minority shareholders, and requesting him to look into possibility of fraud for such huge losses, and caution him that he and other directors should take responsibility and should not deserve any substantial director fee.

Thanks.

Posted by r°Moi > 2016-11-29 18:17 | Report Abuse

Kahheong not talking about hanky panky... talking about if sufficient impairments have already been made only

Posted by r°Moi > 2016-11-29 18:18 | Report Abuse

Oh ya....totally agree on the directors fee... not to bring it up not to even propose any... rozali

Posted by cheoky > 2016-11-29 21:04 | Report Abuse

Should search for activist investor get certain percentage of shares and make hostiles takeover at discount cash. Easier n All win right? Maybe roger is

Posted by angiess > 2016-11-29 21:17 | Report Abuse

kahhoeng

2.angiess

Posted by cljy > 2016-11-29 22:19 | Report Abuse

3. cljy

Posted by rogers123 > 2016-11-29 22:37 | Report Abuse

4 Roger

Posted by jacklintan > 2016-11-29 23:11 | Report Abuse

5 jackie

Posted by stkoay > 2016-11-29 23:29 | Report Abuse

Posted by rogers123 > Nov 29, 2016 05:08 PM | Report Abuse

Stkoay: Hng ar?? I told u already he is the singkalan. When the share goes up, he will be here



Hahahahaha...........HOW TRUE.
You are so smart roger123.

Posted by CK888 > 2016-11-30 06:50 | Report Abuse

6 CK888

Posted by cheoky > 2016-11-30 07:16 | Report Abuse

Wah. Maybe get a banker n a activist lawyer to issue a hostile takeover would be better and faster. No need lots of money. Use company money will do. Just a black n white and a letter of support. Wahla price reflect the value of company. the risk of management siphon out money gone. Activist n all minority happy. Activist get some discount on company cash and free land bank beside eco puncak alam.

Posted by Up_down > 2016-11-30 09:13 | Report Abuse

Be prepared to be a long term investor in Puncak. No doubt there's plenty of cash in its piggy bank. what happen to the cash 3 years later? Puncak may use up most of the cash for paying plantation land and (plantation expenditure about 400 millions) to plant palm oil. what about palm oil Mills. They need to build at least one... It seems cash outflow no ending until harvesting the palm oil.





Extracted:

2. What’s more worrisome? Puncak Niaga is only buying a 60% stake. Question is if Puncak Niaga intends to acquire the rest of 40%. If yes, what would be the price? If the rest of 40% is acquired only after the planting is completed, does that mean Puncak Niaga’s minority shareholders have to shoulder another overpriced planting cost of RM 11,492/hectare? There are 33,372.6 hectares unplanted in Puncak Niaga’s deal, that would mean Puncak Niaga is on hook to at least overpay another RM 154,407,167.68 (RM 11,492/hectare*33,372,6hectare*60%.)

Posted by voon1900 > 2016-11-30 09:55 | Report Abuse

cut loss 885..lost 50ringgit..tak guna

Posted by sell > 2016-11-30 12:14 | Report Abuse

Wise choice. Puncak could be heading 80-70 sen.

Posted by voon1900 > Nov 30, 2016 09:55 AM | Report Abuse
cut loss 885..lost 50ringgit..tak guna

Posted by voon1900 > 2016-11-30 15:48 | Report Abuse

pun...cak...pun puncak

Posted by voon1900 > 2016-11-30 15:49 | Report Abuse

ks55... i talk i punya pasal la..u sibuk la

Posted by hng33 > 2016-11-30 18:09 | Report Abuse

Hope 88sen is the bottom level, still need time and await triplc take over to boost back puncak

Posted by rogers123 > 2016-12-01 07:17 | Report Abuse

Hng: u like to bs alot. Everyone know ur style. Singkalan. Told people to buy puncak at 2.80++. Now wat happened to ur followers. Hahaha. U have plenty money, can average the share anytime. Bec ur money is the money i burned to my grandparents.

Posted by rogers123 > 2016-12-01 07:17 | Report Abuse

Sendiri talked sendiri syok

Posted by rogers123 > 2016-12-01 07:19 | Report Abuse

I think most of the people here holding cost is 1.80++ if i am not mistaken. Is tat true?

Posted by hng33 > 2016-12-01 10:00 | Report Abuse

clown roger123 pity lor

Posted by hng33 > 2016-12-01 10:01 | Report Abuse

Puncak start turnaround already :)

Posted by hng33 > 2016-12-01 10:05 | Report Abuse

Add oil, bought more Puncak at 91-91.5sen

Posted by hng33 > 2016-12-01 10:12 | Report Abuse

Bought bigger batch Puncak at 92sen

Posted by meisha > 2016-12-01 12:37 | Report Abuse

roger..i am holding at 1.04...undecided whether to cut loss or add more..

Posted by rogers123 > 2016-12-01 13:15 | Report Abuse

Hng: plz stop ur nonsense. U r very annoying. Always bs around here. No one wan to know whether ulwhen u buy n sell

Posted by rogers123 > 2016-12-01 13:15 | Report Abuse

Meisha: just hold

Posted by rogers123 > 2016-12-01 13:17 | Report Abuse

Hng: u will be forever win one. U got inifinity money to average up

Posted by hng33 > 2016-12-01 13:41 | Report Abuse

Pity lor clown roger123, keep one curse stock, non stop, and yet dun nothing about how to profit on stock.

just today skpt surge alone, portfolio sold all and lock at 1.55 , alrdy reap 10% fast handsome contra profit, free up all capital together handsome gain swap back to buy more laggard stock Puncak, Iwcity and Drd etc, keep on rolling profit

Posted by hng33 > 2016-12-01 13:44 | Report Abuse

Hahahha, clown roger123 yesterday also busy curse stock in Kps, and yet again miss opportunity in kps, and today Kps also rebounded back alrdy.

Posted by hng33 > 2016-12-01 13:44 | Report Abuse

What a pity clown roger123 lollllll

Posted by Alwin Wong > 2016-12-01 15:58 | Report Abuse

hehe hng33 is it they found a buyer for their WWTP ?

Posted by CK888 > 2016-12-01 17:03 | Report Abuse

這叫 “馬後炮”

Please post another counter that can earn 10 sen within 2 months then people will start to trust your prediction. Hahaha..

Posted by rogers123 > 2016-12-01 18:46 | Report Abuse

Hng33: if i trust u, i am stupid. If u dare, show us ur profit in the blog. Or else keep quiet. Wondering tat u know to differentiate profit n loss or not

Posted by jacklintan > 2016-12-01 18:55 | Report Abuse

have to agree with rogers123.

this puncak rumors to be insider fraud. anyone can add pls?

Posted by Mikkel Low > 2016-12-02 10:41 | Report Abuse

momentum is building in

Posted by hng33 > 2016-12-02 12:26 | Report Abuse

loser minded roger123 get backfire again lolllll

Posted by hng33 > 2016-12-02 12:27 | Report Abuse

Puncak gradually recovering back :D)

Posted by hng33 > 2016-12-02 12:32 | Report Abuse

In order for V-shape recovery, Puncak need to acquire construction specialist, Triplc to no only revive its construction, but also able to enjoy steady earning from triplc concession and project contract.

remark: With latest accumulation on Puncak after its result release, portfolio average holding cost on Puncak now at RM 1.01+

Posted by Hunter2016 > 2016-12-02 12:36 | Report Abuse

this is juz a technical rebound, chance to run now.

Posted by jacklintan > 2016-12-03 16:04 | Report Abuse

hng33: Triplc is only a small business construction company. Look at the over supply of properties in the market right now. Are you sure, acquiring Triplc will post a better next Qr for Puncak?

Posted by hng33 > 2016-12-03 16:23 | Report Abuse

Jacklintan

Triplc concession business is Build operate transfer under private and public finance initiative. For Puncak to acquire concession business from triplc, it need fed gov approval and bond holder approval as it involve senior medium term note worth (MTN) RM 240m, and junior term note RM 60m that fund triplc first concession construction and these funding is to be repay back by gov funding throughout 20 year concession period.

The approval is also needed from triplc another just newly secure MTN worth RM 630m to fund its another new concession which is still pending construction and involve even longer tenure 25 year concession.

As based on triplc first concession, that worth RM 266m, triplc derive handsome profit during the construction period from q1 2012 to q3 2014, triplc EPS have record attractive and consistent profit range EPS 10 sen to 16 sen every quarter, cumulatively give rise to massive increament in its NTA from RM 1.10 to current level RM 2.56. Its more than double increment in NTA throughout its 3 year construction period, and triplc share price also react in tandem, increase from 70 sen to double up RM 1.40.

It is after completion of its construction period, that triplc profit reduce significantly, as its now only derive fixed payment from fed gov throughout 20 year concession under maintenance period and these fixed fund is going to gradually repay back MTN bond.

However, with triplc secure also new concession RM 599m, worth double than its first concession, and have also secure new MTN RM 630m to fund its construction, a quantum leap in Triplc profit is expected to kick start again, a growth in profit and EPS is expected throughout next 3 year construction period.

With such attractive prospect ahead, triplc can standalone comfortable. But, if Puncak wanna to acquire triplc, it need to offer attractive price.

During construction period to kick start RM 266m worth of concession begin in 2012, Triplc record attractive every quarter EPS for consecutive 10 quarter attractive earning begin Q4 2011, ending Q1 2014, cumulative record total EPS = 100sen

5.12sen (Q4 2011)
15.36sen + (Q1 2012)
12.19 sen + (Q2 2012)
13.12 sen + (Q3 2012)
12.69 sen + (Q4 2012)
7.6 sen + (Q1 2013)
9.63sen + (Q2 2013)
10.03 sen + (Q3 2013)
8.90 sen + (Q4 2013)
5.52 sen (ending Q1 2014)

Remark: There is additional construction work on top of concession contract recorded july 2015, resulted additional EPS= 25.5sen.

What will be construction profit for 2x higher concession contract worth RM 599m, to be kick start now and for next 3 year construction period le !!

Posted by pineapple123 > 2016-12-03 22:04 | Report Abuse

hello hng33.

the only news I read is the head agreement between puncak and triplc dated 17.11.2016 in triplc , and nothing else.

it's still a long way for puncak and triplc to materialise the acquisition lah.

Puncak earning will continue to make holes to puncak alone. no business and all talk.

so tell me direct, i should invest in puncak? Or just triplc?

a direct question for hng33 for direct answer please!!!

Posted by stockraider > 2016-12-03 22:11 | Report Abuse

Triplc investment is a lousy investment loh....!!
Thats why tabung haji disagree & Rozali is disposing his stake in Triplc....in order to avoid related party transaction loh....!!

Raider believe the xtra cash better to use for plantation than go for triplc.....mah....!!

The cash of Puncak....must be properly use loh...!!

Posted by Up_down > 2016-12-04 00:02 | Report Abuse

LTH is seen happy for the HOA between Puncak and Triplc. That's why LTH has accumulated more than 3.5 million shares of Puncak for the past few months.