Highlights
KLSE : PUNCAK       PUNCAK NIAGA HOLDINGS BHD
Last Price Today's Change   Day's Range   Trading Volume
2.53   0.00 (0.00%)  0.00 - 0.00  0

Overview

Board:Main Market
Sector:Infrastructure
Avg Volume (4 weeks):1,664,785
4 Weeks Range:2.29 - 3.44
52 Weeks Range:2.29 - 3.76
Average Price Target:4.02
Price Target Upside/Downside:+1.49
View Price Target Detail

Headlines

Latest Headlines
18/12/2014  PUNCAK 商业高峰,再创高峰?!豪派RM1.00特别股息![stoCKTANgerine]
02/12/2014  3QCY14 Results Review - A Greatly Disappointing Quarter
01/12/2014  Trading Stocks - 1 December 2014 - CAB | AirAsia | Malayan United | Progressive | SBC | Puncak
29/11/2014  盈利真空待填補‧商業高峰財測不變
28/11/2014  Puncak Niaga Holdings - Cashing out of the waters
28/11/2014  Puncak Niaga - EGM expected to be called soon HOLD
28/11/2014  Puncak Niaga Holdings Bhd - Within Expectations, Waiting For Special-D
28/11/2014  Puncak Niaga - Lifted By Lower Effective Tax Rate
13/11/2014  售水務資產展望正面‧商業高峰特別息激勵股價
13/11/2014  Highlights / Stock Picks of the Day - Puncak Niaga Holdings Berhad (PUNCAK) – Not Rated
13/11/2014  Trading Stocks - 13 November 2014 - LCTH | VisDynamics | Puncak | Cheetah | Insas | Alam
12/11/2014  PublicInvest Research Headlines - 12 Nov 2014
12/11/2014  Maybank Research Highlights - 12 Nov 2014
12/11/2014  Air Selangor inks accord with Puncak Niaga
12/11/2014  Puncak Niaga to distribute RM1/share special dividend
12/11/2014  Puncak Niaga Holdings - A generous 29% dividend yield
12/11/2014  Puncak Niaga - Finally inks deal; cash dividend of RM1.29/share HOLD
12/11/2014  Puncak Niaga Holdings Bhd - Higher-than-expected Special Dividend from Sale of Water Assets
02/10/2014  Water Utilities - Deal Finally Sealed
23/09/2014  Four firms in Kepong incinerator shortlist

  9 people like this.
 
hng33 kahhoeng

You can refer to the Puncak notice of EGM, state clearly, that special cash dividend of MINIMUM amount of RM 1/share in the issue and paid up share capital up to MAXIMUM distribute amount RM 534.3m...... The broad of director is given full authority and sole discretion to determine and adjust the final amount of special dividend
20/12/2014 11:41
hng33 vwmcclure

It should be opposite, Puncak even after payout special dividend, still retain net cash RM 2.55/fully diluted share, it could launched take over small O&G company to expand its business.
20/12/2014 11:43
hng33 商峰15.6亿售2水务公司不公平但合理

(吉隆坡19日讯)独立顾问KAF西金认为,商峰(PUNCAK,6807,主板基建股)以15.6亿令吉脱售旗下的2家水务公司的交易,「不公平但合理」,建议股东接受献议。

商峰在11月建议以15.6亿令吉脱售商峰私人有限公司(PNSB)的所有股权和优先股,以及雪州水务公司(SYABAS)的70%股权和约86.53%可赎回可转换债券股(RCULS)给雪州水务管理公司(PASB),並派发每股至少1令吉的特別股息。

该公司委任的独立顾问KAF西金指出,PNSB、SYABAS的70%股权以及约86.53%可赎回可转换债券股的合理价格为20.8亿至23.5亿令吉,意味著商峰15.6亿令吉的脱售价折价高达25.26%至33.90%。

因此,独立顾问认为商峰的15.6亿令吉脱售价属於「不公平」的范畴。

但另一方面KAF西金也表示,基於SYABAS的凈帐面价值(NBV)为负15.5亿令吉,加上PNSB的凈帐面价值13亿令吉,总和为负2.4亿令吉。因此,这项脱售属於「合理」范畴。

总的来说,KAF西金认为商峰的脱售价属於「不公平但合理」,並不会对股东不利,因此建议股东在股东特大(EGM)中投下赞成票。

虽然独立顾问建议股东接受献议,但商峰股价今天依然下跌,全天跌15仙或5.6%,至2.53令吉。
20/12/2014 11:51
rlch Why drop 15sen yesterday? Sale of water asset RM 1.56 billion too low?
20/12/2014 12:07
samsoongyc Probably to tempt us to increase our stake see how.... a bit tempted haha...
20/12/2014 12:15
kahhoeng With puncak cash after special dividend, it can still afford to buy 100% of both barakkah n alam yet keeping some over 300 mln of cash...
20/12/2014 16:45
kahhoeng Hng33, thanks
20/12/2014 16:45
rlch DY 40% with special dividend RM1. Puncak experience with GOM show not easy to make money in O&G business. Better buy plantation stocks or give more special dividend. Barakah and Alam if PETRONAS cut capex as announced how will it affect them?
20/12/2014 21:08
rlch I like Puncak because the price has dropped and it is having monopoly water business in KL area. Can Puncak keep their water business instead of selling?
21/12/2014 09:55
kahhoeng Both plantation n o&g are still! relatively pricey, I would rather puncak distributing the cash to us. Or, at least actively buy back shares
21/12/2014 10:24


 

1737 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 SCOMNET 0.1050.00 
 KOTRA 1.170.00 
 PALETTE 0.0450.00 
 PINEAPP 0.300.00 
 PUC 0.180.00 
 WILLOW 0.6850.00 
 YTLE 0.540.00 
 IRIS 0.2550.00 
 IRIS-WA 0.1450.00 
 IRIS-WB 0.150.00 

TOP ARTICLES

1. Some Good Furniture Companies in Bursa kcchongnz kcchongnz blog
2. BULL, BULLISH and BULLSHEET BOOOO CHOOOW CCCCCCCCCCC AAAAAAAAAAAA !!
3. Brief Notes On Current Economy Situation - Bursa Dummy Good Articles to Share
4. [转帖] 斤经济较:如果大马减息。。 - 夜月 Good Articles to Share
5. Getting out of E-quadrant My Trading Adventure
Partners & Brokers