PUNCAK NIAGA HOLDINGS BHD

KLSE (MYR): PUNCAK (6807)

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Last Price

0.26

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


24 people like this.

24,496 comment(s). Last comment by Woodsis 3 weeks ago

rogers123

4,018 posts

Posted by rogers123 > 2016-12-19 13:26 | Report Abuse

BS

hng33

20,517 posts

Posted by hng33 > 2016-12-19 13:27 | Report Abuse

Puncak is clear winner to acquire triplc for '2 free long term concession' that last 20 year and 22 year respectively. It will turn Puncak in profit making after take over triplc, revive it into positive EPS onward for next 20 year by just sit tight and laugh all your way to the bank with annual free cash profit RM 12m pa through 20 year concession period + 60m pa for 3 year (fair value recognized on construction Zone 1 Phase 3, follow by RM 25m pa free cash profit for following 22 year concession period


, whereas, triplc need to push for special dividend after net of cash RM 3/share or secure secure another new concession again. Triplc have VERY good track record to secure Gov contract. These is the fact that it still intend to retain its listing status. There are many gov contract based on concession available to be allocate to 'bumi' company, a Malaysia style.

stockraider

31,556 posts

Posted by stockraider > 2016-12-19 13:29 | Report Abuse

NO ROZALI IS A CLEAR WINNER LOH.....!!

hng33

20,517 posts

Posted by hng33 > 2016-12-19 14:08 | Report Abuse

No, The winner should be those investor bought these 2 stocks today at such discounted price now

Remark: the above figure on free cash profit is refer to annual triplc pre tax profit.

steveooikp

4,689 posts

Posted by steveooikp > 2016-12-19 14:13 | Report Abuse

triplc... no more ...

new company called PEB.

puncak will have all.....

PEB left 210 m.

and later will be paid as salary to RZL in PEB.

stockraider

31,556 posts

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

Rozali sapu Rm 17 million salary a yr from Puncak....the minicule profit from triplc just not enough to contribute to his salary mah..!!

Rozali also sapu from puncak...for it to get PEB listed by getting puncak to pay for the listing of PEB mah....!!

Rozali...also sapu from triplc shareholder....but paying them a useless listed shell cash company....where they can see the cash but cannot touch loh...!!

steveooikp

4,689 posts

Posted by steveooikp > 2016-12-19 14:26 | Report Abuse

stockraider....

I guess you have sold your puncak just now for few sen profit lor...
now hope that puncak will go down for your to collect....
earlier you said different story leh.....
you don't be like that lah....
like 2 headed snakes.....
like that no good lor....
looks like MO1, sound like MO1, act like MO1, but is not MO1....

stockraider

31,556 posts

Posted by stockraider > 2016-12-19 14:34 | Report Abuse

Steve,

Raider still holding puncak lah....!!
Raider just want to tell the real story mah...!!

Must Vote against mah....!!

hng33

20,517 posts

Posted by hng33 > 2016-12-19 14:52 | Report Abuse

steveooikp

Puncak is wise enough also to acquire entire triplc company instead of just its concession and assets (triplc original shareholder will change into new shelf company PEB to be assume triplc listing status).

These move is excellent as by acquire whole triplc, Puncak also assume all triplc staff, engineer, construction expert, all become wholly own by Puncak.

These expertise from triplc can be use to leverage up to help Puncak current construction unit to revive its bad shape into profitable business. Puncak can capitalize on triplc enginerr by using own engineering in-house to execute contract instead of sub-con into outsider poor constructor, which is main reason for Puncak need to make huge provision in earlier q result, turning Puncak into big loss.

stockraider

31,556 posts

Posted by stockraider > 2016-12-19 15:04 | Report Abuse

People ask raider why did not lari kuat kuat....knowing Rozali is a crooked shark ?

Answer: Since Rozali, need Tabung Haji Support...he cannot let Puncak fall too much say below Rm 0.90 loh....!!

Just in case tabung haji revolt loh....so it is ok for raider to swim near the shark loh....!!

steveooikp

4,689 posts

Posted by steveooikp > 2016-12-19 15:06 | Report Abuse

stockraider votes against.
hng33 votes agree....
so how?

hng33

20,517 posts

Posted by hng33 > 2016-12-19 15:20 | Report Abuse

hahahaha, i definitely give double thumb up for Puncak to acquire triplc for RM 210m which is solid back by its surplus landbank fair value gain RM 190m with attached almost RM 0 cost to get another 2 FREE longterm concession with annual pre tax profit RM 12m for first 20 year concession period + another second concession which is still under construction, to be reap 60m pa for 3 year (fair value recognized, follow by estimate another pre-tax profit RM 25m pa for next following 22 year concession period...... wow:)

steveooikp

4,689 posts

Posted by steveooikp > 2016-12-19 15:22 | Report Abuse

I know 1 thing...
RZL is very hardworking....
RZL -- 1 person works in 3 companies... Puncak, Triplc and PEB.
our govt only encourages us to take up 2 jobs to cover our daily expenses and high inflation.
RZL holds 3 jobs...
must learn from him

rogers123

4,018 posts

Posted by rogers123 > 2016-12-19 15:34 | Report Abuse

I will vote against. Not worth to buy triplc at rm3

rogers123

4,018 posts

Posted by rogers123 > 2016-12-19 15:38 | Report Abuse

Landbank? Rm190 m for leasehold land? All people knew property is oversupply now. Who wan to take the risk to develop the land. Rm190m only nice to see but cant touch. Like wat happened to puncak now

steveooikp

4,689 posts

Posted by steveooikp > 2016-12-19 15:42 | Report Abuse

I know another thing lor...
1 day if rogers123 not around... hng33 will feel empty...
I day if hng33 not around... rogers123 will feel lonely....

rogers123

4,018 posts

Posted by rogers123 > 2016-12-19 15:44 | Report Abuse

I can quote the land worths only rm50m n u can quote the land value is rm300m. Rm190m land value which someone offered last time is only wayang kulit show to comfort puncak shareholders that is worth to buy. If i am rzl, i wont buy my own company. I will buy a new business so i can earn mote. Now rzl is just pass the business from left hand to right hand. Make no difference. But from the process he can earn 'commision'-the hidden transavtion fee.

steveooikp

4,689 posts

Posted by steveooikp > 2016-12-19 15:49 | Report Abuse

190 million / 250 acres of land = RM 760k per acres = RM 17.45 / ft2....
ok lah..... leasehold also very cheap rate...

rogers123

4,018 posts

Posted by rogers123 > 2016-12-19 15:49 | Report Abuse

I have a shop wan to sell, the market value is rm1m. But i have been waiting for buyers for nearly 15 months. Still cant sell until now

rogers123

4,018 posts

Posted by rogers123 > 2016-12-19 15:52 | Report Abuse

Hahaha. Triplc trapped alot of buyers today. This is rzl shares. Up but cant sustain. If close negative today. Really make me laugh

steveooikp

4,689 posts

Posted by steveooikp > 2016-12-19 15:56 | Report Abuse

rogers123 hold land better than hold cash lor....
RM 17.45 / ft2... cheap for commercial and residential land lor...

voon1900

714 posts

Posted by voon1900 > 2016-12-19 16:06 | Report Abuse

nia meh!tak naik!

Posted by triplc69 > 2016-12-19 16:29 | Report Abuse

good luck puncak....see u at 0.70 cts.. sayonara

coolinvestor

1,253 posts

Posted by coolinvestor > 2016-12-19 16:31 | Report Abuse

lol, the smarter man will always win....all the best to those with big balls....hehe

voon1900

714 posts

Posted by voon1900 > 2016-12-19 16:36 | Report Abuse

who is selling?dangerous!

Posted by triplc69 > 2016-12-19 16:36 | Report Abuse

really pity those who bought triplc at 2.32..opening...more 200k...

Mikkel Low

238 posts

Posted by Mikkel Low > 2016-12-19 16:43 | Report Abuse

another clown triplc 69 come out...

dompeilee

11,888 posts

Posted by dompeilee > 2016-12-19 17:00 | Report Abuse

Wow...hng33 suffers a terrible beating today...kana Prlexus, then jump into Triplc & Puncak to suffer triple whammy....you should stop trading after a big loss, hng33!

voon1900

714 posts

Posted by voon1900 > 2016-12-19 17:02 | Report Abuse

最近股票很难炒,一不小心手都断了。。。看阿hng就懂了,人家那么厉害都要cut loss prlexus,够tmd...

coolinvestor

1,253 posts

Posted by coolinvestor > 2016-12-19 17:02 | Report Abuse

waa hng33 many jealous of u dy...hehe

steveooikp

4,689 posts

Posted by steveooikp > 2016-12-19 17:03 | Report Abuse

puncak still ok lah... hng33 average is 96 sen....

not expensive....

as for triplc.... hng33 has aldy made money earlier.. and this morning I think he has sold his cheap batch triplc... and later he then jumped in with his profit....

I believe he has aldy sold all his triplc...

Mikkel Low

238 posts

Posted by Mikkel Low > 2016-12-19 17:13 | Report Abuse

He cut loss at 1.41 on prlexus and bought in puncak at such low price. When puncak price move forward than rm1, he can sell and buy back at.lower price of prlexus again...

kahhoeng

3,950 posts

Posted by kahhoeng > 2016-12-19 17:17 | Report Abuse

hng33,

If Puncak's acquisition of TRIPLC is so good and wise, share price would have risen to reflect the news. Unfortunately, the acquisition, if based on the market's perception, if not a terrible one, will be an mediocre one.

Puncak is holding 290 acres of land in Selangor, of which 250 acres in Kuala Selangor. If it can't even roll out a plan after so many years after purchase or months after selling of water business, how would additional acre benefit Puncak?

If Puncak's willing to pay premium to acquire plantation and construction company, why isn't Puncak willing to buy back shares, which is at 36% of company cash level or 27% net asset level?

You are trading to seek short-term gains on Puncak, but when you sell at premium, someone has to buy and hold. Apparently, there isn't much interest in the market now.

kahhoeng

3,950 posts

Posted by kahhoeng > 2016-12-19 17:23 | Report Abuse

hng33,

I was wondering if you have looked into TRIPLC's financial reports to justify if the acquisition is fair to Puncak's minority shareholders. Without going into details, based on TRIPLC's annual reports for the past 2 years, operating cash flow didn't exceed 20 million while it has investment and debt servicing needs. Having to pay 210 million for this deal, Puncak has to spend more to rather than benefitting from the operating cash flow, not to mention if the 20 million cash flow is sufficient for Puncak current asset base.

Frankly, can only hope SC or LTH will intervene to require Puncak board offering cash out option, approximately 2.50 per share, to minority shareholders not buying the rosy picture Puncak board is trying to present.

SALAM

1,072 posts

Posted by SALAM > 2016-12-19 17:34 | Report Abuse

Sifu hng has many figures in the air. He also punting from tree to tree. If u follow him, one slip is enough to break your bone.

rogers123

4,018 posts

Posted by rogers123 > 2016-12-19 17:41 | Report Abuse

kahhoeng to hng33,
If Puncak's acquisition of TRIPLC is so good and wise, share price would have risen to reflect the news.

Hng33: Now u see? There is no price reaction for puncak to the acquisition of triplc. The price from this morning to 0.94 because of me. But there are too many sellers kept selling. If the acquisition is good, there wont be so many sellers. There should be buyers joining me. But y no buyers?

hng33

20,517 posts

Posted by hng33 > 2016-12-19 17:42 | Report Abuse

Puncak doesn't have property arm to develop its own landbank, but, through acquire whole triplc, Puncak can leverage on triplc construction expertise as well as ts property arm to develop the lanbank. With cash rich Puncak as backing, triplc can due to develop lanbank which previous intend to sell to worldwide, a subsidiary of selangor state gov. Property development can extract higher value than sell outright landbank even at market price. By develop it in stage, these few hundred arcres of lanbank can sustain profit for many year forward.

Take note Puncak previous q result loss in construction is mainly due to poor execution subcontractor, resulted delay, breach of contract and cost overrun. Puncak have prudent make provision ahead for forseeable loss due to cost overrun. These condition can in future avoided after Puncak acquire triplc, which possess excellent track record in construction, Puncak can just appoint triplc as in house contractor for its future contract.

rogers123

4,018 posts

Posted by rogers123 > 2016-12-19 17:44 | Report Abuse

Kahhoeng: I agreed with u. Finally u can understand the "real situation" not the window dressing situation like wat provided by hng for puncak.

rogers123

4,018 posts

Posted by rogers123 > 2016-12-19 17:45 | Report Abuse

Hng: tat is a bad excuse. There is something called Joint Venture. U can join venture with other party to develop the land.

rogers123

4,018 posts

Posted by rogers123 > 2016-12-19 17:47 | Report Abuse

Do u think triplc has such experts as well? If triplc has such experts, u can counter offer the team. This is much cheaper than u acquire the whole company and paying for the goodwill

hng33

20,517 posts

Posted by hng33 > 2016-12-19 17:48 | Report Abuse

Hahaha, loser minded clown roger123 these morning keep chasing Puncak at 94 sen, now ended at 91 sen lolllll

rogers123 Will continue chase
19/12/2016 09:22

rogers123 Hng: Put ur sell at 0.94. Will buy all. The volume at 0.94 is too low

rogers123

4,018 posts

Posted by rogers123 > 2016-12-19 17:52 | Report Abuse

Luckily i sold all my triplc at 2.32-2.30.I am afford to loss

rogers123

4,018 posts

Posted by rogers123 > 2016-12-19 17:53 | Report Abuse

I chased puncak because i wan to know that whether market reacted positively to the news or not

rogers123

4,018 posts

Posted by rogers123 > 2016-12-19 17:54 | Report Abuse

Result has proven only a few small buyers joining, but overall the market kept selling

rogers123

4,018 posts

Posted by rogers123 > 2016-12-19 17:56 | Report Abuse

Hng33: u lose alot in triplc. Take care bro.

hng33

20,517 posts

Posted by hng33 > 2016-12-19 17:58 | Report Abuse

Triplc will have net cash RM 3/ share, and expect special dividend just like previous Puncak did. Of course, I will lock all profit once triplc declare special to sell on news again :D)

stockraider

31,556 posts

Posted by stockraider > 2016-12-19 18:00 | Report Abuse

The deal of Rm 3.00, whether can get thru tabung haji is an issue mah...!!

Anyhow if can get thru div is Rm 0.50 to 1.00 loh...!!

rogers123

4,018 posts

Posted by rogers123 > 2016-12-19 18:02 | Report Abuse

hng portfolio 12.4% triplc, 43.6%puncak, 48% (gamuda, everygreen, iwcity, flbhd, kps, mkland, hevea)

rogers123

4,018 posts

Posted by rogers123 > 2016-12-19 18:05 | Report Abuse

Stock: [PUNCAK]: PUNCAK NIAGA HOLDINGS BHD
Dec 19, 2016 01:03 AM | Report Abuse

I am very happy tonite. Cant wait for tomorrow to sell all my triplc

Stock: [PUNCAK]: PUNCAK NIAGA HOLDINGS BHD
Dec 19, 2016 09:09 AM | Report Abuse

Finished selling my triplc. Very happy

rogers123

4,018 posts

Posted by rogers123 > 2016-12-19 18:05 | Report Abuse

Hahahahaha

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