PUNCAK NIAGA HOLDINGS BHD

KLSE (MYR): PUNCAK (6807)

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Last Price

0.26

Today's Change

+0.03 (13.04%)

Day's Change

0.25 - 0.26

Trading Volume

230,700


24 people like this.

24,497 comment(s). Last comment by NRahmat 14 hours ago

bracoli

2,579 posts

Posted by bracoli > 2016-12-11 01:29 | Report Abuse

Hng is fast furious trader?

voon1900

714 posts

Posted by voon1900 > 2016-12-13 12:44 | Report Abuse

takut sgat orang terhadap share ini...

voon1900

714 posts

Posted by voon1900 > 2016-12-13 12:44 | Report Abuse

sampah

voon1900

714 posts

Posted by voon1900 > 2016-12-13 12:54 | Report Abuse

xinquan n cap in the making

steveooikp

4,689 posts

Posted by steveooikp > 2016-12-13 15:14 | Report Abuse

boring counter..... voon .... this counter will not be xinquan and cap...

voon1900

714 posts

Posted by voon1900 > 2016-12-13 15:22 | Report Abuse

hw u noe ?u r god meh?u r rozali?u bot it so u r selfish bag

coolinvestor

1,261 posts

Posted by coolinvestor > 2016-12-13 15:23 | Report Abuse

lol

kahhoeng

3,950 posts

Posted by kahhoeng > 2016-12-13 16:20 | Report Abuse

I have made official complaint to SC over two issues:

1. CIMB analyst report not based on factual information and an unwillingness to present a corrected version besides not replying my emails.

2. Concern over Puncak Niaga's pricey plantation and questionable TRIPLC deal (Tan Sri Rozali has been disposing shares of TRIPLC lately.)

If you have similar concerns, you can email: aduan@seccom.com.my
OR call 03-6204-8999 Investor Affairs & Complaints Department

If you are a concerned shareholders, please make the call or email. I am not providing my version, and believe your version should offer a wider perspective to SC. In addition, every additional voice makes a difference. So, exercise your rights as a minority shareholder.

voon1900

714 posts

Posted by voon1900 > 2016-12-13 16:54 | Report Abuse

kh,i respect ur investment value...i support u n hopefully it wil recover bek..meanwhile do u average dwn since the price s super distress alr...

steveooikp

4,689 posts

Posted by steveooikp > 2016-12-13 17:00 | Report Abuse

voon1900 --- you are very negative....
why?

kahhoeng

3,950 posts

Posted by kahhoeng > 2016-12-13 17:25 | Report Abuse

voon1900 barely, less than 2% of my holding in Puncak currently, only for trading purpose (hands itchy? Think too dangerous to really buy and hold now). Dare not invest given current crazy deals by Rozali, sigh!

actually, bought at 0.895 but think I am acting out of anger, which is bad for investment or trading purposes...

Can only hope SC will bring justice for us minority shareholders. Of course, if you are a shareholder, your complaint will help.

voon1900

714 posts

Posted by voon1900 > 2016-12-13 19:36 | Report Abuse

kh,i respect u n u save me once ofthe wb..soon v wil noe tis is either a con stock like china stock or maybe it wil keep on going... i wil collect some for sure...if rozali realy want to do his work sure he cn,bt if he want to sink it then he wil be cursed badly..,so ready popcorn n WAIT

steveooikp

4,689 posts

Posted by steveooikp > 2016-12-14 07:44 | Report Abuse

puncak has been in bursa for many years lah.... voon1900.
it is GLC.... hehehe....
I think ok lah....
of course, nothing is absolute....
you want safe safe one.... got....
wait till market collapse.....
sell car, sell house, get bank loan to buy klk, batu kawan, united Malacca, F&N, dutchlady lor.... keep for 2-3 years, can see result....
but nothing is absolute...
actually if market wan to collapse, better collapse fast... now I lot 100k nvm.... but 2-3 years time, just buy those stocks can double / triple your investment....

voon1900

714 posts

Posted by voon1900 > 2016-12-14 08:19 | Report Abuse

haha..steve..evry1 wait for the collapse...so it wil nt collapse...got it?

voon1900

714 posts

Posted by voon1900 > 2016-12-14 16:57 | Report Abuse

wtf bursa volume so fxxking low?

steveooikp

4,689 posts

Posted by steveooikp > 2016-12-14 17:02 | Report Abuse

voon1900
look like 90 sen is the base.
ok lah...

kk1234

16 posts

Posted by kk1234 > 2016-12-16 10:34 | Report Abuse

Con stock. Sell now and wait 80 sen.

kahhoeng

3,950 posts

Posted by kahhoeng > 2016-12-16 17:03 | Report Abuse

Kk1234, guess most likely scenario would be a rally if retail investors sell or continue falling if retail investors hold...

r°Moi

5,802 posts

Posted by r°Moi > 2016-12-16 20:03 | Report Abuse

210 vs 137....

r°Moi

5,802 posts

Posted by r°Moi > 2016-12-16 20:16 | Report Abuse

On first look... appears too expensive

r°Moi

5,802 posts

Posted by r°Moi > 2016-12-16 20:57 | Report Abuse

Think still RPT... do not approve this minorities...

valuelurker

1,133 posts

Posted by valuelurker > 2016-12-16 21:39 | Report Abuse

Yea agree with this fella above triplc minorities will not approve...we'll need a minimum of RM4 to save puncak's sorry arse

kahhoeng

3,950 posts

Posted by kahhoeng > 2016-12-16 21:43 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5292081

We refer to the Company’s announcements dated 18 April 2016, 17 August 2016 and 17 November 2016 in relation to the Heads of Agreement entered into by the Company and Puncak Niaga Holdings Berhad (“PNHB”) in order to facilitate discussions and negotiations for a potential disposal of the businesses of TRIplc to PNHB (“HOA”). On behalf of the Board of Directors of TRIplc (“Board”), Hong Leong Investment Bank Berhad (“HLIB”) wishes to announce that the Company intends to implement the following proposals:

(i) proposed internal reorganisation by way of a members’ scheme of arrangement under Section 176 of the Companies Act, 1965 (“Act”) comprising the following:

(a) proposed share exchange of the entire issued and paid-up share capital of TRIplc of up to 69,125,085 ordinary shares of RM1.00 each in TRIplc (“TRIplc Shares”) for up to 69,125,085 new ordinary shares of RM1.00 each in a new investment holding company, PEB (“PEB Shares”) on the basis of one (1) new PEB Share for every one (1) existing TRIplc Share held by the existing shareholders of TRIplc as at the entitlement date to be determined later (“Proposed Share Exchange”); and

(b) proposed transfer of the listing status of TRIplc to PEB and the admission of PEB to the Official List of the Main Market of Bursa Securities and the listing of and quotation for the new PEB Shares on the Main Market of Bursa Securities (“Proposed Transfer of Listing”).

The Proposed Share Exchange and Proposed Transfer of Listing are collectively referred to as the “Proposed Internal Reorganisation”.

(ii) proposed disposal by PEB of the entire issued and paid-up share capital held in TRIplc to PNHB for a cash consideration of RM210 million (“Disposal Consideration”) (“Proposed Disposal”).

kahhoeng

3,950 posts

Posted by kahhoeng > 2016-12-16 21:44 | Report Abuse

I will vote NO to the TRIPLC deal, good thing that Rozali is not allowed to vote!

Up_down

4,346 posts

Posted by Up_down > 2016-12-16 22:17 | Report Abuse

Puncak will dispose its water assets in China at a loss at least RM 21 million....

http://www.theedgemarkets.com/my/article/puncak-niaga-sells-stake-loss-making-chinese-firm-just-rm62m-settlement

stockraider

31,556 posts

Posted by stockraider > 2016-12-16 22:18 | Report Abuse

Tabung Haji the 2nd largest shareholder will be the king maker loh...!!

kahhoeng

3,950 posts

Posted by kahhoeng > 2016-12-16 22:38 | Report Abuse

Need to know what LTH has in mind... Puncak currently has a NA of 3.41 per share, of which approximately 2.50 CASH per share. I can only hope Puncak (with LTH fighting for it?) offering 2.50 to shareholders wanting out instead of joining his GRAND vision, since he has been so KIND to other shareholders but not his...

firehawk

4,783 posts

Posted by firehawk > 2016-12-16 23:20 | Report Abuse

Expert is very clever and respectable person, but if u trust too much in expert, u have to think twice ....
for example, while expert issued tp= 2.30 -2.80, he sold his holding @1.08 ....

what expert saying and what expert doing later may not tally, expert always changing his mind, is a very clever person ....

kahhoeng

3,950 posts

Posted by kahhoeng > 2016-12-16 23:34 | Report Abuse

firehwak, is your 'expert' refer to me? I have to wonder...

Are you a Puncak shareholder? Have you invested in Puncak because of me? I believe I was not wrong in valuing the company, and the balance sheet is still showing a net asset per share of 3.41 while its net cash per share is still approximately 2.50 per share. So, what's wrong if I believe Puncak should be valued between 2.30 and 2.80 the least to reflect its net cash and its land holding (it has over 250 acres in Selangor) that's debt free?

If you are not a Puncak shareholder, why are you so pissed here trying to remind 'expert'? If you are, why are you so pissed at the 'expert' here but not the 'expert' publishing expert view but with inaccurate data or majority shareholders sitting in the board not trying to assuage shareholders' fear?

Or, are you the CIMB analyst so pissed at me complaining to SC? Or, are you Rozali or his clan member so pissed at me complaining to SC?

If you are shareholder, exercise your rights rather than who knows what your intention here...

If you are merely trying to have fun over angered Puncak shareholders like me, wonder what you are...

valuelurker

1,133 posts

Posted by valuelurker > 2016-12-17 00:09 | Report Abuse

Yeah guys desperately need Puncak minority shareholders to vote NO

With funding in place for ZIP3 exponential revenue and profit will be recognised in the coming Qtrs

Going by PE alone its undervalued

Going by sum of parts / DCF, the offer is so low its comical

210m - 140m (land) = 70m for BOTH concessions.

Construction cost:
Z1P2 has a construction cost of circa RM270mil and guaranteed 42m per year availability charges.

Z1P3 has construction cost of RM599mil (almost double, and you can imagine the availability charges for this...)

Project NPV:
Z1P2 Financial Assets of approx. 350m - approx. 300m (senior+junior debt) taken up for the project, and you have project NPV of RM50million (equity value will of course be much higher)

Going by construction cost, Z1P3's project NPV should be at least double (most likely more, since larger cost = larger risk = larger required returns - it has a longer concession period)

In fact, Rozali you should just sell triplc to the highest bidder, triplc will easily $300 million

kahhoeng

3,950 posts

Posted by kahhoeng > 2016-12-17 01:00 | Report Abuse

roger, if you a shareholder and you are concerned, call or email SC. And you are always welcomed to vote NO to any deal Puncak board has to offer unless it has initiated share buy back to the tune of RM 200 million or offer 2.50 per share cash out option to shareholders (that's what I believe, among other ways, options that will assuage shareholders concern).

rogers123

4,018 posts

Posted by rogers123 > 2016-12-17 01:05 | Report Abuse

Someone paid icon888 to write the blog to attract people to buy

rogers123

4,018 posts

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

Hng33: U r sin to make so many people felt into the trap of Rozali before ex dividend. U will pay for it

kahhoeng

3,950 posts

Posted by kahhoeng > 2016-12-17 01:29 | Report Abuse

roger, do you even know you can vote without having to attend? So, you don't need to give me your proxy... think you are same as always, full of useless comments

rogers123

4,018 posts

Posted by rogers123 > 2016-12-17 01:34 | Report Abuse

Kahhoeng: Sorry. I have no time for tat at all. I knew wat is Rzl'splan later... Soon u will know it

cheoky

2,823 posts

Posted by cheoky > 2016-12-17 03:51 | Report Abuse

Support kahhoeng. Vote NO. Show your minority power by frustrating Rozalin plan, put Donald Trump in. Let miracle happen.

ysn8

21 posts

Posted by ysn8 > 2016-12-17 06:50 | Report Abuse

@kahhoeng I support but how to vote thru internet since I am having nominee account?

kahhoeng

3,950 posts

Posted by kahhoeng > 2016-12-17 07:48 | Report Abuse

ysn8, tell your broker you would like to vote for the event, and you will be given a form to sign. Just tick on NO and your broker will process for you. You don't have to be there to say NO to Rozali.

stockraider

31,556 posts

Posted by stockraider > 2016-12-17 08:26 | Report Abuse

High chance Tabung Haji will vote NO bcos, if they vote YES they will lose big monies mah....!!

But based on the past experience of "Reach" ....Tabung Haji can be convinced to vote "YES too".....but having make so much losses b4 on their lesson...Being conned & shame by Related Party Entrepreneur ...TH should learn their lesson loh...!!

firehawk

4,783 posts

Posted by firehawk > 2016-12-17 08:29 | Report Abuse

expert is refer to expert in rhetoric, can scold ppl to release anger, bcos is very knowledgeable and giving huge contribution to the forum ... is not expert in analysis or picking stock ....

(sorry for any misunderstanding caused before)

firehawk

4,783 posts

Posted by firehawk > 2016-12-17 08:42 | Report Abuse

before this, expert wants to gather the names of small investors to file a complaint to SC .. after they wrote their names there, expert asks them to do it themselves ....

expert is a very clever person to prevent ppl to take advantage of his effort ....

steveooikp

4,689 posts

Posted by steveooikp > 2016-12-17 09:00 | Report Abuse

I think both puncak and triplc will go up this Monday.

puncak will be having triplc (PEB) soon.... more awards / projects will go to triplc....

triplc (PEB) will be having good projects....

stockraider

31,556 posts

Posted by stockraider > 2016-12-17 09:03 | Report Abuse

IT IS WIN LOSE SITUATION AND NOT WIN WIN OR LOSE LOSE SITUATION FOR THIS DEAL LOH.....!!

BUT SINCE THE OFFER PRICE FOR TRIPLC NOT SO GOOD....THE SHARE MAY COME DOWN LOH....!!

steveooikp

4,689 posts

Posted by steveooikp > 2016-12-17 09:26 | Report Abuse

anyway, 0.9x for puncak is still a good buy theoretically.

RM 3 for triplc.... it is also a good deal for puncak.... for long term.

stockraider

31,556 posts

Posted by stockraider > 2016-12-17 09:34 | Report Abuse

TRIPLC shareholder can see cash.....but cannot touch mah....!!
Rm 3.00 per share also no use loh.....!!

stockraider

31,556 posts

Posted by stockraider > 2016-12-17 09:35 | Report Abuse

Raider says Existing shareholder Triplc will get roughly Rm 3.00 per share for a new listed company cash shell company loh...!!

The cash of the shell listed PEB is still control by Puncak & Rozali mah.....!!

Same case as Puncak net cash per share Rm 2.50
Now new listed PEB got net cash shell of Rm 3.00 per share.

Raider think Rozali will play the same trick as puncak earlier offer a dividend of Rm 1.00 to Triplc or the new listed PEB shareholder loh...!!

stockraider

31,556 posts

Posted by stockraider > 2016-12-17 10:27 | Report Abuse

Raider already says Rm 1.00 Triplc is history bcos now puncak willing to offer Rm 3.00 mah....!!

But then existing shareholder can see Triplc got Rm 3.00 cash but cannot touch mah.....!!

If Rozali distribute say Rm 0.50 per share....u will end out, the new listed shell will worth Rm 2.50 loh...!!

In that case this new PEB/ triplc will trade at around Rm 0.90 as per puncak scenario with Rm 2.50 net cash per share loh....!!

Don forget Puncak better, still got other assets as well amounting to rm 1.70 per share plus net cash Rm 2.50 per share mah...!!

Based on the above analysis Triplc may be worth around Rm 1.40 per share loh....!!
Better sell b4 too late loh...!!

Posted by stockraider > Dec 17, 2016 10:25 AM | Report Abuse X

Come to think of it...Raider should vote for...PUNCAK takeover...bcos it will benefit puncak....bcos well planned screwed Triplc loh...!!

BASED ON THE ABOVE SCENARIO ROZALI MAYBE ABLE TO CONVINCE TABUNG HAJI LOH...!!

stockraider

31,556 posts

Posted by stockraider > 2016-12-17 11:47 | Report Abuse

Posted by stockraider > Dec 17, 2016 10:25 AM | Report Abuse X

Come to think of it...Raider should vote for...PUNCAK takeover...bcos it will benefit puncak....bcos well planned screwed Triplc loh...!!


CORRECTION ON RAIDER'S ABOVE POSTING

BAGERO WHAT THE HECK, PUNCAK HAS NO RELATION WITH THE NEW LISTED PEB THE REPLACEMENT OF TRIPLC , WHY SPEND SO MUCH MONIES GET PEB LISTED ?

TRIPLC SHAREHOLDER DO NOT A LISTED VEHICLE , THEY WANT CASH MAH...!!

PUNCAK SHAREHOLDER HAS NO RELATIONSHIP WITH PEB....THE PERSON WHO WANT PEB LISTED IS MAJOR SHAREHOLDER ROZALI MAH...!1

YES VOTE AGAINST WHETHER U ARE PUNCAK OR TRIPLC SHAREHOLDER LOH...!!

SORRY FOR THE OVER SIGHT LOH......!!

steveooikp

4,689 posts

Posted by steveooikp > 2016-12-17 14:30 | Report Abuse

so puncak can invest?

steveooikp

4,689 posts

Posted by steveooikp > 2016-12-17 14:35 | Report Abuse

triplc can see the rm 3... cannot touch... yes...
bcos is peb will be rm 3 and not triplc...
triplc and peb is are different....
Malaysia mah....
can be like that can be like this... no need logic....
puncak also .....
now triplc is worthed rm 3 ... so these rm 3 will be in puncak to generate more income....to pucncak...

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