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

166,000


24 people like this.

24,497 comment(s). Last comment by NRahmat 40 minutes ago

rogers123

4,018 posts

Posted by rogers123 > 2017-09-21 10:07 | Report Abuse

Loss confidence?

rogers123

4,018 posts

Posted by rogers123 > 2017-09-21 11:49 | Report Abuse

Only talk, no proof. I also can tell u when i buy and when i sell and everytime be profit

rogers123

4,018 posts

Posted by rogers123 > 2017-09-21 14:04 | Report Abuse

All my money is in JAKS. I no need to do anything. Now shaking legs.

rogers123

4,018 posts

Posted by rogers123 > 2017-09-21 14:06 | Report Abuse

Bought puncak at 0.745

rogers123

4,018 posts

Posted by rogers123 > 2017-09-21 17:07 | Report Abuse

Learn from u. Tomorrow will sell at 0.755 later. Earn 1 cent slim profit

kahhoeng

3,950 posts

Posted by kahhoeng > 2017-09-25 22:38 | Report Abuse

err... Puncak board and management are making losses quarter after quarter, proposed a plantation deal that's far more expensive than a similar deal from the same seller that's later closed at over 200 million discount without reasons, attempt to complete a TRIPLC construction company at a hefty premium where its (TRIPLC) key management people/board member selling at discount to offer price. Yet, all I see here is fighting/quarrel over trading Puncak for profits?

firehawk

4,783 posts

Posted by firehawk > 2017-09-26 10:49 | Report Abuse

Although SC doesn't block the transaction proposed, but it needs Puncak shareholders to approve!

to rescue the situation, from now onward, wonderful creature should scold those not vote against the deal! should scold them shallow thinking, not civilized, not knowledgeable ... or even dog, to humiliate them!

if the resolution cannnot go through, then, the cash will be reserved and the hope of capital repayment becomes brighter!

Posted by SHUECHABOO > 2017-09-26 11:07 | Report Abuse

OIL AND GAS STOCKS - GORENG! GORENG! GORENG!

Posted by SHUECHABOO > 2017-09-26 11:15 | Report Abuse

PUNCAK JUGA ADALAH STOK MINYAK DAN GAS- FRIED! FRIED! FRIED!

chonghai

482 posts

Posted by chonghai > 2017-09-26 22:30 | Report Abuse

https://www.mswg.org.my/sites/default/files/16.09.2017 Newsletter 9 September 2017 to 15 September 2017_final.pdf

rogers123

4,018 posts

Posted by rogers123 > 2017-09-27 14:02 | Report Abuse

Haha. Up n fall down again

rogers123

4,018 posts

Posted by rogers123 > 2017-09-27 14:13 | Report Abuse

No way tat there will b capital repayment. Just take triplc as an example. Peb is formed to hold cash in triplc.

angiess

84 posts

Posted by angiess > 2017-09-28 09:55 | Report Abuse

hi roger123, what is peb?

rogers123

4,018 posts

Posted by rogers123 > 2017-09-28 11:06 | Report Abuse

Rzl is a golf player, spending millions to play golf every year. Wondering y still got people investing in his company for him to use. Kahhoeng give up this company, notcworth to invest

hng33

20,463 posts

Posted by hng33 > 2017-09-28 15:59 | Report Abuse

Posted by Jay > Sep 21, 2017 04:04 PM | Report Abuse

thanks for the comments

@hng33 puncak is a riskier choice. if the deal goes though, triplc earnings can sustain them for the next 3 years but I'm not sure how huge their existing operations and new plantation losses will be. young trees literally gives no fruits and revenue in the first few years. if for some reasons the deal doesn't go through, triplc profit will remain strong but puncak will continue to slip into oblivion (which many puncak shareholders don't seem to understand). but I understand your trading rationale, just be aware of the risk


Posted by hng33 > Sep 21, 2017 07:29 PM | Report Abuse X

Thanks jay, I have took profit on Puncak today at 76sen, have repeated trade many round already for handsome contra gain. Now, portfolio still retain some for continue exposure for upcoming EGM.

Portfolio have more triplc stake now at average cost around RM 1.89, awaiting for approval too in EGM with special dividend and await for next month Q1 result in which expect higher construction profit from new concession as progress advancing.

hng33

20,463 posts

Posted by hng33 > 2017-09-28 16:09 | Report Abuse

A review of my past i3 posts – Jay

Author: Jay | Publish date: Wed, 20 Sep 2017, 07:06 PM

Readers of my blog would probably realise that I have been away from i3 for quite some time, mainly because I was quite fed up with the bickering in the forum where some people are just not interested to put in a logical argument. The same people never contributed anything in the forum yet has the guts to question everyone else’s intentions. For me, I wrote what I wrote because I wanted to share what I know but I don’t owe anyone anything, certainly not those low-lives. So I took my time-off, travelling and enjoy life while seeing my portfolio grew nicely over time.

http://klse.i3investor.com/servlets/forum/600133005.jsp

kahhoeng

3,950 posts

Posted by kahhoeng > 2017-09-28 23:15 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5557369

Pursuant to Paragraph 10.08 (1) of Bursa Malaysia Securities Berhad’s Main Market Listing Requirements (“Listing Requirements”), the Board of Directors of PNHB (“Board”) wishes to announce that Puncak Niaga Management Services Sdn Bhd (“PNMSSB”), a wholly-owned subsidiary of the Company, had on 28 September 2017 entered into a sale and purchase agreement pertaining to a related party transaction with Puncak Alam Housing Sdn Bhd (“PAHSB”) to acquire a piece of leasehold land held under Title No. PN 80453 located at Lot 19255, Mukim of Ijok, District of Kuala Selangor, State of Selangor Darul Ehsan, measuring approximately 8.413 hectares (“Land” or “Property”) from PAHSB for a total cash consideration of RM40,732,956.00 only (“Purchase Price”).

angiess

84 posts

Posted by angiess > 2017-09-29 10:41 | Report Abuse

Why related party transaction again ? No other better business/transactions to do? That’s why they should just delist ....

kahhoeng

3,950 posts

Posted by kahhoeng > 2017-09-29 10:53 | Report Abuse

angiess, the seller is Rozali himself, that's why its a related party transaction.

Daily8

3,858 posts

Posted by Daily8 > 2017-09-29 10:58 | Report Abuse

What Rozali is doing ??? rozali tidur lg peluk Bantal????

r°Moi

5,802 posts

Posted by r°Moi > 2017-09-29 13:18 | Report Abuse

.


Rosi... taking out money... for GE...


.

r°Moi

5,802 posts

Posted by r°Moi > 2017-09-29 13:26 | Report Abuse

.


This is a rely on connections company


.

r°Moi

5,802 posts

Posted by r°Moi > 2017-09-29 13:28 | Report Abuse

.


Rosi.... the proxy


.

BillyK

570 posts

Posted by BillyK > 2017-09-29 14:36 | Report Abuse

there goes all the cash for RPT

Posted by Superbatman Juan > 2017-09-29 17:28 | Report Abuse

Rozi take money to invest DURIAN, so all shareholders waiting for durain runtuh...

rogers123

4,018 posts

Posted by rogers123 > 2017-09-29 19:24 | Report Abuse

Kahheong do something

rogers123

4,018 posts

Posted by rogers123 > 2017-09-29 19:25 | Report Abuse

He will do the same to triplc too

rogers123

4,018 posts

Posted by rogers123 > 2017-09-29 19:26 | Report Abuse

Leasehold land 8 hektar worths 40 million? Ask him to fly sky la

rogers123

4,018 posts

Posted by rogers123 > 2017-09-29 21:50 | Report Abuse

Puncak got 290 hectar landbank havent developed. Wat for wan to buy another 8 hektar for 40 million since the book value is only 2 million

rogers123

4,018 posts

Posted by rogers123 > 2017-09-29 21:50 | Report Abuse

Apparently rzl is shifting the money out

angiess

84 posts

Posted by angiess > 2017-09-29 23:35 | Report Abuse

Hi rogers123, puncak is making looses on Triplc concession?? How to determine ? All the readings so far is Triplc will help puncak turns to profit

rogers123

4,018 posts

Posted by rogers123 > 2017-09-30 00:13 | Report Abuse

Other notable land deals included the purchase of 26 pieces of leasehold land totaling
2,198.40 acres in Ijok, Kuala Selangor, by Eco World Development Group Bhd, at RM1.181
billion, for the development of a new township which equal to 4.99 psf. Now puncak is paying 45++ psf. Fair price?

rogers123

4,018 posts

Posted by rogers123 > 2017-09-30 00:14 | Report Abuse

10 times higher than market price

rogers123

4,018 posts

Posted by rogers123 > 2017-09-30 00:19 | Report Abuse

Angie: There is no business or concession can guarantee profit all the time. Previously Puncak managed to make normal profit for water concession, but gamuda make supernormal profit every year. Wat can be explained. All depend on the management. I doubt the ability of puncak and sincere of RZL. Every deal now is only for RZL's pocket. It is very clear now. No reason to acquire the land of 8 hectare since puncak has more than 280 hectare in the same area without developing.

kahhoeng

3,950 posts

Posted by kahhoeng > 2017-09-30 20:09 | Report Abuse

what can I say? A well-dressed educated mafia-run company that SC can't or wont' do a thing? Investing in Puncak made me felt like putting money in JJPTR...

angiess

84 posts

Posted by angiess > 2017-10-01 00:30 | Report Abuse

Any special meeting for shareholder’s to approve the transactions?

r°Moi

5,802 posts

Posted by r°Moi > 2017-10-01 07:56 | Report Abuse

.




My ass kahhoeng... just about to compliment your good refrain... for not mentioning SC again...


But..... then again.......



.

r°Moi

5,802 posts

Posted by r°Moi > 2017-10-01 07:58 | Report Abuse

.






By the way..... MSWG have also endorsed the TRIplc RPT




After endorsing the purchase of the plantation company






.

angiess

84 posts

Posted by angiess > 2017-10-02 09:42 | Report Abuse

Got 1 more classification on long term asset 2016 Q2 then disposed on Q4 no reply yet from SC. This is an important issue whether can it be classified as PN16 during that time .

firehawk

4,783 posts

Posted by firehawk > 2017-10-02 10:14 | Report Abuse

Author: Jay | Publish date: Wed, 20 Sep 2017, 07:06 PM

Readers of my blog would probably realise that I have been away from i3 for quite some time, mainly because I was quite fed up with the bickering in the forum where some people are just not interested to put in a logical argument. The same people never contributed anything in the forum yet has the guts to question everyone else’s intentions. For me, I wrote what I wrote because I wanted to share what I know but I don’t owe anyone anything, certainly not those low-lives. So I took my time-off, travelling and enjoy life while seeing my portfolio grew nicely over time.

http://klse.i3investor.com/servlets/forum/600133005.jsp

Ha Ha! another rational speaking successfully pissed off by wonderful creature! but he described wonderful creature as low-lives ..... wonderful creature talk, talk, talk ... and scold and piss and success! most important is talk, talk, talk .... without having feeling of shame! the most important characteristic to win over anyone!

rogers123

4,018 posts

Posted by rogers123 > 2017-10-02 16:20 | Report Abuse

Triplc is very cheap to buy now at 1.80. RM3.00++ target price

rogers123

4,018 posts

Posted by rogers123 > 2017-10-02 16:20 | Report Abuse

Hahahaha

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2017-10-03 14:41 | Report Abuse

The management is rubbish, no question. The question is, is the price cheap enough to provide some value? I think so, but then again, you want your money is rubbish company anot?

angiess

84 posts

Posted by angiess > 2017-10-05 20:40 | Report Abuse

Anyone knows when is the upcoming meeting ?

angiess

84 posts

Posted by angiess > 2017-10-06 23:33 | Report Abuse

Noted with thanks

firehawk

4,783 posts

Posted by firehawk > 2017-10-08 12:41 | Report Abuse

is a great success pissing off all those giving -ve comments ... they deserved it! because they don have the characteristics of low-lives --- without having shame feeling, talk talk talk and win .... and they don even scold others as dog too ....knowing low lives characteristics, but not practicing it, can't have the last winning .....

however, good in scolding ppl can't help the price ... may be should do more promotions .... otherwise huge loss situation not improves .....

should retreat the TP! the last wonderful TP is 2.50, is more than 200% gain! even if lower the TP to 2.00, still more than 150%, should put up more posts to encourage ppl to buy ... may be should emphasize the Triplc deal can't go through the EGM and still hv hope on capital repayment ... can add many more wonderful substances, like last germ in KLSE, etc ....

this will help to push up the price .....

may be i'm wrong ;(

chonghai

482 posts

Posted by chonghai > 2017-10-09 13:13 | Report Abuse

Actually Puncak needs the concession income from Triplc but not the land of Triplc.
If Puncak allows Triplc to just sell the land at open market and only buy the concession at a lower price it may be beneficial to both parties.

kahhoeng

3,950 posts

Posted by kahhoeng > 2017-10-09 22:12 | Report Abuse

I believe I have done my best in trying to provide my view from a minority shareholder's perspective. Given SC's responses thus far, there's little point to pursue through this agency given genuine doubts over its transparency, accountability and fairness (neither doubt I will ever approach SC going forward, shitty experiences whether SC will eventually offer any fair judgment protecting minorities!). Neither am I keen to sell my stake at such a cheap valuation.

Probably will either trade like hng33, exit little by little with every possible chance existed or hold till a fairer market valuation on this company.

firehawk

4,783 posts

Posted by firehawk > 2017-10-11 23:26 | Report Abuse

OMG .... when cheap, not buy more?

most loyal devotee betrays value investment theory! what a shock!

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