firehawk those want to try luck also can bet at this level: prepare 3 batches of money, buy @0.91, 0.82, 0.73
sell, when rises more than 10%, don aim for too high, selling pressure will emerge. worth to bet at this level is bcos, it would not just bungkus like that, would not just delisted like other heavy loss incurred ctr. don blame me, if loss money! 10/01/2017 15:26
Now, I don dare to suggest this again ... after Q by Q reports losing results, the confidence of investors erode very much, almost diminish .... although price almost at same level, now the situation is worse .... up to u to believe or not, I rather put the money to buy dai /sai than buying this ctr, bcos the chance is higher :-)
the chance of declaring capital repayment, especially @2.50, i think the chance is 0 ... even declare of dividend of 10sen, i think the chance is less than buying dai /sai ... may be i'm wrong :-)
Kahhoeng: y don u propose rozali's son to cease all the operation, delisted n distribute all the money to shareholders, rather than everyday scratching their head to find profitable business. Furthermore rozali can use all his money to invest in fgv, which is very cheap now. Rozali can become md they also.
Well, Puncak is my second largest investment by portfolio value and largest by invested capital. I'm OK if price is low if it's misconception but not if it's hanky-panky. If comments making sense, I have everything to gain from learning and be thankful. If the comments are full of shits, surely they'll be ignored.
In a way, firehawk, you are suggesting trading strategies while what I have suggested all the while is investing. Sometimes I wonder, when trading specialists are suggesting buying x selling below 1.1x, while the long term investors are holding, who's money are they trying to make? What's more, there's trading costs involved, rendering it a negative-sum game.
I have done my best trying to defend my rights as a minorities, but I can't prevent mafia from vandalizing.
Haven't taken up the courage to re-evaluate the plantation deal and assessing it's impact after how SC has responded in this matter. Will try to do so soon but wonder what good there's to investors if matters concerned investors have raised were not addressed? Was told by SC matters are taken seriously, but will take time. Though, what's to be salvaged if deals were completed? Followed some 'smart' legislators suggestion - have the raped to marry the rapist?
Ordinary ppl do investment is simple, making money ... if they can't make money, better put in fd .... this is ordinary / non knowledgeable ppl thinking. For knowledgeable person, these is too simple, huge loss is acceptable, as long as can find excuses ..... this is the difference of investment philosophy btw knowledgeable and non knowledgeable ......
One yr ago, i left a -ve post about Puncak, unexpectedly, i get very emotional reply (i think those follow this forum from earlier knew this), i tot it was a women and try to comfort her (the other reason i tot he was a woman is he like to talk.. talk ,,talk .....). At that time, he accused i gave -ve comment was bcos i want to push down the price and collect cheaper (what a childish thinking!), I explained, all the while Puncak depended on water concession, after disposed the water business, it even face the reality about survival .....
He tot the loss was temporary and insist he is knowledgeable and correct, and my posts were nonsense, I challenged him to report to moderator to ban me from posting ......
During the whole year, this hints himself knowledgeable,civilized .... person continued to scold (later he used pissed off to show his civilized level), argue, even use aggressive words try try to win in rhotiric ......
At that time, the price of Puncak was ~1.20, and today below 0.90, and still talk ..talk ..talk ... without a little shameful feeling .....
While he uses animal term to scold other ppl, i wonder he knows the main difference btw animal and human being? It Is the shameful feeling ... but i think he can't get it!
Just like doing investment, i wonder he knows the performance is solely about the return! Not thousand reasons given or blame other ppl (directors /management, etc)!
Good in rhetoric, stubborn, emotional ... don help in investment. Some ppl making huge losses, in certain extend, they deserved it!
firehawk, Puncak has 3+ NTA, 2.30 cash per share. If there's no hanky panky, the interests from cash in hand is easily 40 million a year. Why should I sell at loss simply because someone said it will face a reality about survival with a 1.4 billion asset, 1.1 billion cash and trading at less than 500 million market cap?!?
If I were to invest blindly following some 'experts' like CIMB research house, I might as well gambling in Genting. As for you, without knowing where your 'kind' heart coming from, its hard to judge if I will be lead to Holland or not.
For knowledgeable person, huge loss is acceptable, as long as can find excuses ..... Ordinary ppl do investment is simple, making money ....
While he uses animal term to scold other ppl, i wonder he knows the main difference btw animal and human being? It Is the shameful feeling ... but i think he can't get it!
Just like doing investment, i wonder he knows the performance is solely about the return! Not thousand reasons given or blame other ppl ....
+
A so good, so worthy counter ... and yet price keep on dropping, there must be some stupid /non knowledgeable ppl selling, stupid /non knowledgeable ppl deserved to suffer huge losses!
I hope civilized person keep his words, don reply my post ... i don know how many times i hv to say this!
hv a bit shameful feeling pls!
Jul 14, 2017 03:32 PM | Report Abuse
I think some ppl make huge losses in this ctr .... may be i'm wrong! :-)
Jul 14, 2017 10:39 AM | Report Abuse
the chance of declaring capital repayment, especially @2.50, i think the chance is 0 ... even declare of dividend of 10sen, i think the chance is less than buying dai /sai ... may be i'm wrong :-)
Jul 6, 2017 09:09 AM | Report Abuse
rzl and son are very kind and generous type of ppl ... always provide cheap and worthy entry price for investors ...
Jul 4, 2017 05:17 PM | Report Abuse
Puncak is for brave, knowledgeable, civilized + no shame feeling ppl ... others do not have these characteristics should think twice, trice .... before touching it!
Jul 4, 2017 04:55 PM | Report Abuse
Only person ate chilly who will feel heat .... .
Jul 4, 2017 04:39 PM | Report Abuse
Pls read the posts of civilized person ... this is why he can accuse others as not civilized! :-)
just like a bitch son behave noble ... no offence, unless is e=really a bitch son :-)
Jul 3, 2017 10:46 AM | Report Abuse
finally get traded ... but is a sell down to lower price, these type of unknowledgeable ppl + short sighted not worth to get the great fortune, no need to pity them! they only worth to envy other knowledgeable + far sighted ppl .....
Jul 3, 2017 10:26 AM | Report Abuse
today trading vol even 0, nobody buy ... huge fortune awaiting also no one wants! many are lazy and timid ppl, only those contribute great afford and far-sighted ppl will get rewarded! Jul 3, 2017 10:10 AM | Report Abuse
2.50 -0.92 = 1.58; paid 0.92, get 1.58 in return, ~172% gain .... HUGE GAIN is extends to every shareholder who's watching the above message .....
when shareholders get the HUGE fortune, pls do not forget to do some charities to help the poor! is very noble act ... not everybody is lucky to get the HUGE fortune! must think of the unlucky ones .....
Jun 15, 2017 10:19 AM | Report Abuse
is very keen to fight for own interest + minority interest ....
Those already in mud, deepen and deepen ... can't get out, the only way is putting up hopes + hopes + hopes of getting out! this is something for those who r not sinking to think it over!
Jun 2, 2017 11:13 PM | Report Abuse
oooh ... still on going, they can't stop it ....
May 22, 2017 04:16 PM | Report Abuse
pls be more civilized .. this Puncak forum is not like others, is very emphasized on civilize ....
May 22, 2017 04:11 PM | Report Abuse
hope rzl becomes a more civilized person and declares 2rm dividend .....
Mar 29, 2017 09:43 AM | Report Abuse
civilized --- repeatedly declare TP= 2.50, and no other ppl should question it, otherwise, is not civilized! and should be more civilized!
over civilized --- buy @2.94! (is this a joke?)
Mar 29, 2017 09:29 AM | Report Abuse
don joking ... how can yr buying price higher than civilized person!
don try to be over civilized, no good ...
Mar 23, 2017 09:34 PM | Report Abuse
although some ppl hv high avg buying price price ... but they can set the TP=2.50, when rise a little they sell and buy back a few cts lower, after doing this for many times, they recover their loss .....
firehawk, so, are you a Rozali running dog? or you just admit barking nonsense earlier? And, what's wrong for posting that?
my earlier post is as follow:
Jun 19, 2017 04:03 PM | Report Abuse
I am a minorities of Puncak, surely I'm trying to oppose what went wrong in Puncak and trying to fight for minorities interests, cause its in my best interests. It would be a shame if I try to mislead others into buying or selling Puncak shares to benefit myself or if I try to force unreasonable deal to Puncak's board to benefit only minorities. Of which, I believe I didn't in both counts.
I take my time analyzing the balance sheets/annual reports of companies and purchase those I believe are heavily undervalued. If I made mistakes in my analysis, I try to learn from them. If I didn't and someone tries to con me which I can identify the con scheme, surely I will try to fight to defend what's right.
sabahan, not sure why would you like to have me on your board cause the first thing I can think of if I were to hire someone to sit on my company's BOD would be those with experiences in the field and can offer insight into the operation and direction of the company.
firehawk, sincerely can't understand why are you enjoying so much spending endless time attacking me here?!? If you have bought shares on my post and made losses, most likely in Puncak given your attacks have mainly in this site, my sincere apology. I could easily bleed more than you on investment in this company. So, it would probably make you feel better if you were to assume I lost more than you and post these comments than trying to ridicule me in this fashion that most others would assume you are either a Rozali running dog or some nonsense barking here and there...
I myself am still holding on to my investment in Puncak. While trying to seek justice in how CIMB Research House had posted irresponsible yet incorrect analysis on Puncak, I am also trying to fight for a capital repayment/privatization possibility in Puncak because I have lost my faith in Puncak's board and management team. Unless there's a need to sell to improve liquidity in my portfolio, I will most likely hold on to fight what I believe is terribly wrong. Well, can't help either knowing Puncak is still holding on to 2.30 cash per share and 3.10 net asset per share that would cushion my maximum losses in the company. Partly, didn't want to let go to avoid the possibility of some scammers trying to push down Puncak share price so they can rip huge profits pushing up the shares later. A recent example would be Airasia.
Quite ironically, finally I realized that .... the person think rzl is a very good man is knowledgeable /civilized person, he trusts him very much ..... willing to put hard earn money to buy his company shares, more and more, this tells more than thousand words .......
is very unmoral while hoping earn money from rzl company and talk all the bad things of him, bcos this is worse than dog, at least dog loyal to his master! doesn;t it?
Kahhoeng: Sorry to say so. I think u shouldn't do any investment in klse. The method u used, i dont think u cant make any money. I am sure ur portfolio from the day u started to invest until now is still at negative value. Sometimes we should use a contingent plan, anything goes wrong, we should CUT LOSS immediately n not continue to average up. We cant fully trust the FS, it cant show everything. Eg Xinquan, CSL, Megan (which i loss alot n learnt a big lesson there- I wont invest in the company which have high NTA but at low price, I believed tat market is efficient, No big frog is jumping on the street for u to catch). Price will always reflect the true value of company. After the disposal of water, puncak is considered GAME OVER. The attitude of RZL, the special dividend which attracted more people buying and also the comments in forum is TOO GOOD, make me more worried. Conclusion- totally GAME OVER.
I always remind myself in my investment strategy. 1. Dont buy high NTA but at LOW price 2. SELL when the share is hot, more n more people r buying.
I managed to earn profits in puncak, as i sold all at the day the special dividend announced
Tabung haji bought at rm1.00++???. Who care? Their strategy is different from normal investor, they used to buy high n sell low. They always do charity works. Losing money is their objective
Kita punya PM kata ekonomi Malaysia masih sangat baik, tetapi harga saham sykt ini turun semakin lama semakin rendah. Kalau kenyataan PM kita betul, harga saham sykt ini sepatutnya naik semakin lama semakin tinggi. Lebih-lebih lagi sykt ini mempunyai simpanan wang tunai yang berbillion RM. Betulkah ekonomi negara kita masih baik dan kukuh YAB PM?
Hahaha .... No need to quarrel ! The share price has a lot to say about the Management and the controlling shareholder . From there you can already tell his integrity . Company sitting on pile of cash belonging to shareholders and losing them by millions qtr to qtr !
angiess was told by SC the ruling will come up soon, and asked for patience cause they can't reveal much the progress. Based on the plantation ruling, I have to wonder if the process is to protect minorities or majority. Sincerely hope for a favorable ruling for minorities...
roger, best not to tell if I'm averaging or not, not wanting to be criticized for what I did...
while always criticized by others ... the father & son always doing good merit, by always provide cheap entry price for investors ... are very kind .....
roger, I don't know if SC can help, but if I don't approach SC seeking better treatment for minorities with subsequent actions against these type of majority shareholders, I might as well gambling in Genting or participating in money game.
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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....
rogers123
4,018 posts
Posted by rogers123 > 2017-07-13 23:49 | Report Abuse
JJchan: Where is the APRIL GORENG like wat u told in March?