Highlights
KLSE : PUNCAK       PUNCAK NIAGA HOLDINGS BHD
Last Price Today's Change   Day's Range   Trading Volume
3.36   0.00 (0.00%)  0.00 - 0.00  0

Overview

Board:Main Market
Sector:Infrastructure
Avg Volume (4 weeks):681,615
4 Weeks Range:3.20 - 3.74
52 Weeks Range:2.74 - 3.76
Average Price Target:3.74
Price Target Upside/Downside:+0.38
View Price Target Detail

Headlines

Latest Headlines
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
22/09/2014  Puncak wants to offer its expertise to other states and overseas
22/09/2014  Construction Sector - 4 shortlisted for Kepong incinerator OVERWEIGHT
15/09/2014  Water Sector - Fed and state seal the deal NEUTRAL
22/08/2014  Puncak Niaga - Maiden contributions from Pan Malaysia job HOLD
22/08/2014  Puncak Niaga Holdings - Still looking to close the deal
22/08/2014  Puncak Niaga Holdings Bhd - Patience Pays
22/08/2014  Puncak Niaga - Within Expectations
13/08/2014  Puncak Niaga to bid for RM800m controversial waste-to-energy incinerator?

  9 people like this.
 
kahhoeng Hng33, I realize that the market sentiment is not good, actually kind of anticipating it a while back, which is why I hold mostly shares of companies with recently sold businesses, rich in cash or with pending sales of businesses, including Puncak, Hwang Cap, BJCorp and Oriental. Sigh...
17/11/2014 17:15
Rich118 Kahhoeng, I am not concerned about the current correction but rather see this a good accumulation opportunity to increase our stakes. I have had pleasant experience with CIHLDG a few years back when it sold it's prized jewel Permanis Sdn Bhd (Tropicana juice, remember) to a Japanese F&B co. People were concerned then how Datuk Johari Ghani utilize the cash proceeds. After distributing the first cash dividend, he returned most of the cash proceeds after it cannot find a good buisness within the specified period. People were throwing the shares then thinking that he will acquire biz that were not adding much value. At the same time, parties related to him kept acquiring the shares while ignorant retail investors were throwing the jewel shares. You can trace the history by checking from the Bursa announcement.

Bottom line question we must ask ourselves is that do you think TSR will be acquiring any biz at all cost to the extent of eroding the company value? Please remember he has the biggest stake with almost 43%! 冷眼 said for those who have done enough home work, one should know the 底线 .

Hng33, I do not think all vacant land are non-CA related. I suspect many of them are actually land where the WTPs are situated. This is the missing puzzle in my value calculation.

Will be nice if any who have insights can share their thoughts.

Thanks
17/11/2014 23:01
nicenice My question is after the dividend pay out will the share price adjusted accordingly ? ...thanks in advance.
18/11/2014 08:56
special4u of course wil adjust accordingly
18/11/2014 15:42
kahhoeng rich, has I been less optimistic about Puncak, would have sold some around 3.6x and bought back with recent drop... I am concerned because I lost the opportunity to make some of late, sigh... Luckily, was able to sell Puncak @ 3.56 and buy Puncak-WB @ 2.49 today, kind of happy.
18/11/2014 21:30
hng33 Puncak in Mega sales
21/11/2014 14:35
hng33 It is interesting to note that Puncak and Kulim share many similarity

1. Both also sold major earning contributor
2. Both also intend to distribute special dividend (Puncak (RM 1 /share) vs kulim (78sen/share)
3. Both at same price now RM 3.38
4. Kulim want to use part of divestment proceed to venture big into oil and gas industry on top of its exiting remaining palm oil. On the other hand, Puncak intend to use part of the divestment proceed to venture big into palm oil industry on top of its exiting oil and gas business
21/11/2014 14:59
hng33 Almost wanted to buy Puncak today at 3.36, but due to a bit weak sentiment and keen selling volume still at high until last min, so still undecided.......But, will wait next week to examine Puncak share movement whether can stand above 3.35 with next critical support level at 3.30 first, then can decide re-enter more convincingly.
21/11/2014 21:46
sudahkena Year end sale...
22/11/2014 16:34
kahhoeng as much as I wish I can add some, I guess I have to stop to make sure my portfolio is not overconcentrated in Puncak, sigh... hng33, good thing that you have sold yours earlier
22/11/2014 18:19


 

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