Raider, Puncak has not even given an indication of the offer price. Triplc owned the concession assets from the government. why you said Triplc could be a lousy investment leh? Base on what assumptions?
Posted by stockraider > Dec 3, 2016 10:11 PM | 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...!!
Triplc...if Rozali sell Triplc....that means....he no longer have vested interest loh...!!
Human nature will result....he will try to give...not a so good price on Triplc woh....!! That means it will negotiate like hell to favor....Puncak mah...!!
So very dangerous for Triplc shareholders if Rozali selling loh...!! At moment...Triplc can get a good price for Rozali...bcos people thought Puncak will buy at a good price with a takeover..!!
Puncak can turnout offer a low low takeover price like what happen to Shell loh...!!
It may not be true the offer price will be good loh....but Rozali can run at a good price now loh...!!
I can understand some reasons behind for Dutch Shell to dispose Shell Malaysia at cheap price due to potential hidden kickbac....enjoy by Shell or the management cause they are running a worldwide business. I can't really get through your reasoning related to Triplc as its share liquidity is low.
Posted by stockraider > Dec 4, 2016 02:14 PM | Report Abuse
Raider says danger loh....!!
Triplc...if Rozali sell Triplc....that means....he no longer have vested interest loh...!!
Human nature will result....he will try to give...not a so good price on Triplc woh....!! That means it will negotiate like hell to favor....Puncak mah...!!
So very dangerous for Triplc shareholders if Rozali selling loh...!! At moment...Triplc can get a good price for Rozali...bcos people thought Puncak will buy at a good price with a takeover..!!
Puncak can turnout offer a low low takeover price like what happen to Shell loh...!!
It may not be true the offer price will be good loh....but Rozali can run at a good price now loh...!!
Raider.. Don't simply pluck a reason out of the air wor...Do you remember your reason for guessing profit dropped of Tguan hit wall by relating to similarity business between BPlas & Tguan.
We can't deny that Rozali could be playing around with the share prices of both Puncak & Triplc to accumulate more shares under his proxies. It's more likely Rozali wanted to cash out Triplc from the acquisition of Puncak.
Too low price offer to Triplc...Triplc minorities also don't want to sell la. Don't think Puncak acquisition is the only way out for Triplc MI. Triplc is a profitable company than can standalone whereas Puncak is cash rich but keep suffering huge losses. Better the deal call off. wakaka
Posted by stockraider > Dec 4, 2016 03:44 PM | Report Abuse
SIMPLE MAH....!1
IF ROZALI DISPOSE TRIPLC HIGH HIGH TO PUNCK &..BENEFIT FOR HIMSELF ONLY MAH...LTH JEALOUS LOH...!!
BCOS TABUNG HAJI...NO BENEFIT MAH....BCOS PUNCAK NEED TO BUY HIGH & SUFFER MAH.....!!
Puncak is protected from LTH?...I don't see any...but I saw Puncak was suffering 100 million losses in last quarter. It seems LTH is not acting as a body guard leh...
Posted by stockraider > Dec 4, 2016 04:00 PM | Report Abuse
If i were u better sell triplc and buy puncak loh....!!
Safer and got bigger margin of safety and with tabung haji protection loh.....!!
Oi Calvin. You r net net value investor. Alrdy come to puncak portal. Comment a bit on puncak la. Crony stock, 40cents a dollar stock although diminishing mos, got real hard land bank beside eco world. Fit your election theme le... comment pls not promote other stock
No point keep arguing for triplc if you refuse to learn more information about this company especially when your mind is occupied with bad image of something. why I said this..... cause you said Triplc is a lousy investment to Puncak even offer price has not been confirmed...
Try to think like Rozali. Put yourself as Rozali. You have huge cash in your hands.
The questions now are:- 1. Acquire company/s to keep shareholders happy? 2. Election playing. Do I play along? 3. How to cheat shareholders by window dressing Puncak? 4. My son is not capable. Should I let him run my business or just retire? 5. Focus onto water concession which my company been doing all these years? 6. Change business. Start all over??
When "cash is king", only desperate company is willing to sell. The buyer, Rozali are in fact choosing to buy/ not to buy actually.
Triplc so far still a profited company based on their historical Qrs. Cannot say they are lousy company. Rozali not stupidlah. This tycoon need to see what projects Triplc have in hand, cash flow of the company, the debts, the apportunities, etc.
From all news ( refer to 2 Dec 2016) Public Bank Research, Rozali is going to China to get new buyer from China wastewater treatment firm. Puncak Niaga Holdings will get a new buyer for Xinnuo Water (Binzhou) Co Ltd, which is involved in the treatment of wastewater and related services. Binzhou is 100% owned by Sino Water Pte Ltd, which in turn is a 98.65% subsidiary of Puncak. To recap, Sino Water had on Oct 31 entered into a framework agreement with Laodian Town People’s Government and Zhonghuan Hengrun (Beijing) Environmental Technology Co Ltd for the proposed disposal of Binzhou for CNY7.6m (RM4.6m).
Since M'sia gov is pro-China business now, I think the China wastewater treatment firm deal will come off quickly than Triplc.
I forsee, Rozali (if he is Umno cronies), he is dragging for Selangor to go back to BN. The Puncak transition happened on last election. Now it's happening again in coming election. Coincident?
Stkoay: He bought at 1.10 only 10k share. That day he bought at 0.89 100k. So his average cost is only 0.91 cents. Last week he already sold at 0.94. Get Slim profit
No profit couple with suffering huge losses so No dividend. Puncak would use up its money to buy buy....plantation business and invest in mills .....profit contribution will only come true 3 years later. Are you a long term investor? Triplc is now the option helping Puncak return to the black immediately.
Existing peanut business is suffering huge losses. New acquiring plantation business takes at least 3 years to bear fruits. Piggy Bank got plenty of cash but Nil dividend so how?
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....
Up_down
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Posted by Up_down > 2016-12-04 08:15 | Report Abuse
Raider, Puncak has not even given an indication of the offer price. Triplc owned the concession assets from the government. why you said Triplc could be a lousy investment leh? Base on what assumptions?
Posted by stockraider > Dec 3, 2016 10:11 PM | 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...!!