Puncak Niaga Holdings Berhad (PNHB) is an investment holding company. The Company, through its subsidiaries, is primarily engaged in the treatment and distribution of treated water to consumers in the State of Selangor, the Federal Territories of Kuala Lumpur and Putrajaya and in the People's Republic of China. PNHB operates principally in Malaysia. On March 10, 2011, PNHB formed a 99.99% owned Indian subsidiary Company, Puncak Niaga Infrastructures & Projects Private Limited (PNIP Pte Ltd). On April 19, 2011, PNHB acquired a 55% stake in Reputable Collection Sdn Bhd (RCSB) resulting in RCSB becoming a 55% owned subsidiary of the Company. RCSB had acquired a 62.5% stake in Jalinan Handal Sdn Bhd (JHSB) resulting in JHSB becoming a sub-subsidiary of the Company on April 19, 2011. Its subsidiaries include Puncak Niaga (India) Sdn Bhd and Puncak Research Centre Sdn Bhd. On September 28, 2011, the Company acquired Global Offshore Malaysia Sdn Bhd And KGL Ltd.
upsidedown119My reading is that PR to lose two-thirds majority, but retain state assembly if snap poll. The voters will blame water woes, various raids, unpopular projects on kali but not wholly on PR. What say our siao jie ('lan looi') Jacklin?
jacklintan@upsidedown119: You just given me the good ego rub before I go to sleep tonight. Hehe
It took me a while to answer you, upsidedown119 on political views on Puncak. Obviously, we all know this juicy meat is waiting to be grilled in the oven. You already marinated the big piece of meat for dinner, just waitlah, people. U know, improper marinated meat, ain't great for taste.
Big investors are more hungrier than me. They will strike anytime. It has proven over the latest price soar and the previous. Announcement only mention "meeting" the price soared from 2.88 to 3.60+.Isn't it, this prove Puncak fantastic?
Even the Singaporean (kiasu & kiasi) also tap on this Puncak on few encounters.
Uncertainty creates apportunity. Just wait for the "alert" announcements from Puncak and if the price soar again, you want to cut, at good price like 3.60-3.70. Just take profit and never look back. I'm straight forward. I mentioned to stkoay before, I regretted selling at the wrong price. I made a few grands, but isn't the right profit yield I'm looking at. Noted. I will try not to be greedy either.
Khalid to me is just a scapegoat.Empty vessels, make the most noise. My Teacher taught me this since I was in primary.Talking nowadays is just too cheap. People want to see the results.
@stkoay: I no money one....I'm very poor.....:P
upsidedown119Thanks Jacklin for the pointers. I also made some money on Puncak and KPS, even more on KPS, but not the 'right profit'. Good to have perspective from the fairer half of humanity!