Posted by kahhoeng > Jul 5, 2019 10:06 AM | Report Abuse

wordless, nothing to post. Still holding on to my stake.

Posted by stockraider > Aug 25, 2019 1:19 PM | Report Abuse

PUNCAK BETTER JUMP SHIP & JOIN BLAND LOH....!!

Posted by Jeffreyteck > Aug 25, 2019 3:49 PM | Report Abuse

Worst contractor. Project around Jln Genting Klang market already more than 5 years (actually lost count) till now incomplete and causes problems for the community. Hopeless MP too despite complaints. Corruption? Delay penalty? Additional $ for dragging on project? Only they themselves know. Share price reflect everything.

Posted by kahhoeng > Aug 29, 2019 9:05 PM | Report Abuse

PKM, a 'legal' white collar crime with Bursa and SC the helping hands!

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

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING PUNCAK NIAGA HOLDINGS BERHAD ("PUNCAK" OR "COMPANY") PROPOSED RENOUNCEABLE RIGHTS ISSUE OF CONVERTIBLE SECURED ISLAMIC DEBT SECURITIES

Posted by babu > Aug 30, 2019 7:35 AM | Report Abuse

This company has so much cash in hand - how come it still can ask for cash from it’s shareholders by rights issue ?

Posted by k3nthiew > Aug 30, 2019 11:20 AM | Report Abuse

Hi... guys.... did anyone of u realized the P&L in page 1 is different with the notes in page 9?
Or i read it wrongly?

Posted by k3nthiew > Aug 30, 2019 11:46 AM | Report Abuse

i wonder why all the amount not tally

Posted by cpchuan > Aug 30, 2019 12:00 PM | Report Abuse

You're right. On page 9, the Q2 profit by summing up all the segments is +6,832,000 (before tax). So, Q2 is actually profitable. Why the P&L instead shows loss before tax of 15mil???

Posted by r°Moi > Sep 2, 2019 7:16 PM | Report Abuse

Indeed.. as expected... the various segments hv netted a net PBT

r°Moi What u say... maybe correct... if BN is still the government... but BN is no longet the government now... it is PH now... and it is PH that approved the extension 

If fact... PH actually extended the deadline much longer than BN... BN used to extend for 6 months at a time... PH has actually extended the deadline for this project by one and half year in one go 

With this extension... construction division may be breakeven or even make a profit.. 

This means only plantation is the only still making a loss... as expected due to it is at the development stage 

Construction division will make profit... concession is always profit 

Puncak may start to breakeven or make a small profit soon

12/05/2019 6:05 PM

Posted by r°Moi > Sep 2, 2019 7:24 PM | Report Abuse

CSID at 6.5% appears ok ....vis a vis... yield inversion... and.. BNM on course to lower interest rate

Posted by Daily8 > Sep 5, 2019 7:08 AM | Report Abuse

Can't be bothered to read Puncak report...not sure why , a company once upon a time can reach to 2.80, now become 28 cents! That is like more than how many thousand percent negatively valued!

Posted by Daily8 > Sep 5, 2019 7:16 AM | Report Abuse

The Proposed Rights Issue of CSIDS is expected to raise gross proceeds of RM200.0 million and up to approximately RM223.6 million under the Minimum Scenario and Maximum Scenario respectively.

Where are all the cash money to settle some of their debts????


The Proposed Rights Issue of CSIDS is expected to be used in the
following manner:

Repayment of bank borrowings 150mil (3 months time)

General working capital 45.3mil (12 months)
* Kepala bapak engkau need 45mil for a 12 months of working capital...

This Puncak is waiting for delisting. Best you Rosali sonklap the company !

Posted by Daily8 > Sep 5, 2019 7:23 AM | Report Abuse

Cash and cash eq bal 440mil, increased 141mil. why not USED IT?

Posted by lcwin > Sep 5, 2019 11:14 AM | Report Abuse

Rohjadi is doing this as he know most minority he have been screwing all this years will not subscibe for the rights as it cost RM1 nominal for every 2 25 sen share.
So he n his cronies subsribe lah as they get 6% every year n is redeemable 5 yrs down the road. If he need money or think company is truly screwed by him until all goats dies then he cash out.

Posted by ivan9511 > Sep 5, 2019 3:45 PM | Report Abuse

the qst is Why need do so :
company cash is more than enough
company cash use a little bit already can settle
is this learn from bjc boss mean got many said no money
inside got 1000 ringgit then said need ri to pay 1 rinnggit debt
And also learn from bjc boss is always avoid to give reasonable dividend
puncak cash if give 1 ringgit spec dividend also no probem

Posted by Daily8 > Sep 5, 2019 4:20 PM | Report Abuse

ivan9511, if you got read their report, u will realise they are in court case for the 1.3bil damages and also others small2 ones. Wasia act issue with Azmin Ali and Khalid still ongoing...

Posted by rogers123 > Sep 6, 2019 12:44 AM | Report Abuse

Hahaha. Rozali is cheating ur money lar. Y u all still so stupid of holding his shares. Told u all before tat. Kahheong not doing anything? No more kahheong show? Kahheong no mor 2.80 cash?

Posted by ivan9511 > Sep 6, 2019 7:06 PM | Report Abuse

@Daily8 > thanks for telling us. I am not good at read fin report
thanks hope dun follow london biscuits like no money to pay back

Posted by Daily8 > Sep 6, 2019 7:16 PM | Report Abuse

Water concession cannot compared to LONBIS. I have followed on LONBIS. Their report IF GENUINE is worthy to buy BUT...THEIR REPORT NEAR TO FAKE, by choice cannot buy.

Posted by Daily8 > Sep 6, 2019 7:18 PM | Report Abuse

Since 2017, many road side ah pek said Puncak boss is “ eat money”.

On what basis, they eat money? I wanna find out also.

Posted by r°Moi > Sep 9, 2019 7:36 PM | Report Abuse

2.80 road roadside ah pek cannot provide details

Can only make accusations

r°Moi Ur expert... has turned nut...after his way out request was rejected.. now all as he does is making way out accusations..

20/05/2019 11:33 AM

Posted by r°Moi > Sep 9, 2019 7:38 PM | Report Abuse

Don't jz cursing PKM

Give some useful comments on d CSID

Posted by r°Moi > Sep 10, 2019 1:54 PM | Report Abuse

If hv proof do all a favour make a MACC report


However, beginning June 1, 2020, with the enforcement of Section 17A of the MACC Act, companies and their directors could be deemed personally liable if an associated person such as an employee or subcontractor is caught involved in corruption for the benefit of the commercial organisation.

Section 17A covers companies, partnerships and limited liability partnerships operating in Malaysia.

The companies and directors could defend themselves against prosecution if they have implemented “adequate procedures” such as internal guidelines or staff training within the commercial organisation.

Posted by chonghai > Sep 21, 2019 12:26 AM | Report Abuse

Very surprised kahhoeng still holding to Puncak !!

Posted by kilrathi > Sep 26, 2019 8:06 PM | Report Abuse

Is this puncak any good..? It's been creating new lows everyday

Posted by JJchan > Sep 29, 2019 9:59 AM | Report Abuse

Rozali raid funeral jewerly too.

Posted by rogers123 > Sep 30, 2019 9:24 PM | Report Abuse

Jjchan: U still alive ar? Your holding kps at 1.85++. How?

Posted by JJchan > Oct 1, 2019 9:28 AM | Report Abuse

I made a general offer to take-over Kps@ 70cents but kdeb refused

Posted by Msys > Oct 8, 2019 11:41 PM | Report Abuse

better delist at offer price

Posted by Msys > Oct 15, 2019 11:22 PM | Report Abuse

why no delist n privatise so undervalued,.......happenings, new proven experienced face means to bring back to glory

Posted by tradewave > Oct 23, 2019 11:24 AM | Report Abuse

whats wrong with this company..managing real critical source of life but still keep dropping

Posted by kilrathi > Oct 25, 2019 12:33 PM | Report Abuse

now even better, Royal Customs send bill of demand ...

Posted by Daily8 > Oct 29, 2019 7:50 AM | Report Abuse

Delist better

Posted by ivan9511 > Oct 31, 2019 2:32 PM | Report Abuse

Puncak Got Billions of Cash ask them pay youguys 2 ringgit also boleh
But I still not dare Buy Puncak
Last time loss 5000 ringgit on Puncak 2 years ago until now I still not dare touch Puncak like Berjaya company only
But I still hope Puncak can be nice to you guys even I dun hold any puncak right now but will consider if drop lower

Posted by Daily8 > Dec 2, 2019 7:40 PM | Report Abuse

Hope Puncak can be like MAA. SHOOT UP to RM2 when PN 17

Posted by rogers123 > Dec 5, 2019 11:22 AM | Report Abuse

Puncak, i am here for u

Posted by Jnlee > Dec 5, 2019 1:40 PM | Report Abuse

what happened why suddenly shoot up

Posted by Moneyking543 > Dec 5, 2019 1:53 PM | Report Abuse

got special dividend..hahaha

Posted by perangbrown > Dec 5, 2019 2:11 PM | Report Abuse

“Air Selangor has completed the takeover of all private concessionaires, namely Puncak Niaga Sdn Bhd, Syarikat Bekalan Air Selangor Sdn Bhd, Konsortium ABASS Sdn Bhd, Konsortium Air Selangor Sdn Bhd and Syarikat Pengeluar Air Selangor Sdn Bhd.

“The successful restructuring means all water concessions have come to an end,” he said.

Posted by Miz Raya Bloom > Dec 5, 2019 2:14 PM | Report Abuse

pasal apa up? nak tukar nama jadi patima ker? hihihi

Posted by rogers123 > Dec 5, 2019 2:18 PM | Report Abuse

Big project is coming

Posted by rogers123 > Dec 5, 2019 2:19 PM | Report Abuse

close eyes can buy until 1.00

Posted by rogers123 > Dec 5, 2019 2:20 PM | Report Abuse

kahheong, faster average ur position, or u will miss the chance

Posted by rogers123 > Dec 5, 2019 2:21 PM | Report Abuse

at least rm1.00

Posted by rogers123 > Dec 5, 2019 2:23 PM | Report Abuse

the bini in langkawi?

Posted by rogers123 > Dec 5, 2019 2:25 PM | Report Abuse

Bear in mind, watever price we buy now is lower than kahheong 2.80++. when it up to 2.00,0u already earned big, kahheong is still suffering loss

Posted by Teh1986 > Dec 6, 2019 9:58 AM | Report Abuse

Buy buy buu

Posted by Miz Raya Bloom > Dec 6, 2019 12:37 PM | Report Abuse

kalau nak delisted ku beli

Posted by Teh1986 > Dec 6, 2019 12:38 PM | Report Abuse

I beli 0.37, macam sudah tak power...

Posted by Miz Raya Bloom > Dec 6, 2019 2:13 PM | Report Abuse

https://whims2016.wordpress.com/