Yes take Azmin to court then I don't have to browse Puncak share for the Next 5 years. Can
concentrate on other better things

Now SweetWater Alliance (Splash) denied they were offer an operating license. So what
politics is Khalid playing--very confused. Where are we now?? Looks like a very LONG
Hindustan movie. Too much dancings and my senses are numb now.

jacklintan. Lucky you. 50% cash + 50% 1MDB shares

Najib is going to list 1MDB in Sept. Guess whose money is going in to support( legally) this
time.

Already we face alot of flaks from Mr Ooi. If what you said is true, next round of bombardment will
come soon.

Hi Roger123. Maybe your source is right. Gossip seem indicate Splash is NOT in restructuring.

Today gossip seem to point what Roger123 said earlier--Only Puncak is in restructuring.
Splash is to maintain its status quo as previously--No idea about 1.6B debt. If taken up
by Fed then Splash is debt free.

Gamuda vol increase significantly. Buying by EPF last few days. Maybe same reason

Volume small. Looks like ppl averaging. Granting operating license to splash--Restructuring
off the table???

Operating license for splash--Malaymail Online. No more restructuring???

I hope you are right--Winwin8888. But I cannot confirm what you said

Khalid is having Old age problem. He forgot that Splash is offer only 250M. So he must
explain where corruption coming from. Did he over offer Puncak??

Break 2.40 will accumulate 50K. Najib is in the driver seat all the while. So Azmin is asking
who to solve the problem??

A real eel (very slippery)

Dr Maxi Ongkili graduated in Agricultural Economics is trying to educate me Law. Let me
see the "Master Agreement FIRST" or open for public preview. Then we know whether he
is telling the truth.

Putrajaya and KL will be the first to get hit if "Rich" plan to cut water. Umno is NOT stupid.
All mega pumps are ready at pond site--preparing for water shortage. Only low pressure
for highRise. Don't be fool by what you read in paper. Selangor got MORE rain water than
it need. Every week there are flooding in KL. We didn't plan water usage like Singapore does.

Puncak price will languish at this level for a long long time. For those who need Odd job like
selling Hot Dog or Chicken Rice please make plan now. I am going fishing. Yesterday mantra
"money money" catch NO fish. Need to change mantra--Any suggestion

EveryOne in Azmin & Co hold a law degree. "Land Grab" is just a pretext to kill the master
plan which is heavily biased (advantage to Fed). Today going fishing--"No eye See"

If this is another DRB fiasco, EPF & TBH might joined hand to push the price down further
before accumulating as much as their heart desire

This is a selloff. Another DRB fiasco (borrow from CaoCoa) Everybody buys because of RM1
dividend and when the deal is off--Dividend is GONE!!!! Next round maybe Rozali gets
different offer and RM1 dividend might not in place so sell now.( Quote from Ah Pek in
restaurant)

Dear Jacklintan. You have to wait for atleast 3-4 weeks for things to settle down. Right now is all
finger point days--politicians are so damn good at this. You have to understand--Puncak
got the Selangor water deal from Umno (No bid--signed by Khir Toyo former MB). Puncak has
to do what Umno wants --No question ask. If Puncak tries to be funny--Rozali will end up like
Renong boss( lost billions). So just wait for a while- Langat 2 cronies will do the ground work

Ah! Nothing. Just blowing Water Bubbles. We are in the same boat. Once sink All drown

hng33. You are wrong in thinking 45 years is nothing--dead wrong. I do construction so i
know the Fed has somethings going ( maybe High Speed Railway ). All the land beside a
highway or public infrastructure will be gone. If water pipe is buried under the land, no
commercial buildings can be constructed but Electric pylon, railway tracts, sewage ponds
Elevated Highway pillars and many many others can be built. Once built the land is gone.
Now Fed have to ask States for Land for every project. Fed has huge list of projects in
Selangor so land is very important

Confirmed NEW water restructuring Plan coming.--Azmin said

hng33. I repeat what I said yesterday. On the ground one week ago, i heard Selangor Gov
wanted to revamp the master Plan. I just don't know how it could be done but now i know.
You have to kill the original plan first on 9 March.

I think it is not a good idea to rush in now. Najib is facing pressing problem by 1MDB. 3 billion
interest payment is going to due soon. Cabinet is in "derhaka mood"--ejecting Najib's request
to bail out 1MDB. Azmin is running his victory lapse now. So who are in the negotiating Table?

It depends on how many proposals ahead/filing when oskh submit their proposal. I waited 4-5
months for CIMB/RHB and still is not out. I think OskH submitted around Dec/Jan 2015

That is what I said when Anwar was put in jail bcos PKR will retaliate. First victim will be Rozali
(Umno man). But Najib wants Langat 2 so why not start with Splash and then 6 months later
Puncak get it chance again. Of course this upset many people in Puncak blog, nobody
believe Selangor will cancel the deal bcos too many projects & money are involved.
Do not underestimate what politician can do.

Don't worry Kahhoeng, in one month time "pucat will be puncak again". Umno cannot walk
away from a 12 billions DEAL ( Langat 2). Datuks already forming lines infront of Najib's
office. New agreement means New deal and New opportunities

I will miss Anwar speeches. Many funny jokes

On day one Anwar said he will kill the deal. Now he is happy. Two weeks ago Azmin
when to see Anwar in jail maybe to reassure Anwar he will finish the job for him. But rest
assured FED will not give up bcos Langat 2 is too big a project to waste (White Elephant).
Now, alot of horse trading will be going on including Anwar's release from jail.

Wow. Jolie2 will be voted in as new KDEB director in charge of KPS restructuring. Make sure
you " goreng " the stock a little bit

Selangor will revamp water restructuring Plan. KPS will get NEW DEAL---HA HA

Moi. Of course SC will not interfere bcos shareholders have to vote on OLH's proposal.
Last time OLH wants to take OSKH private, I voted NO and so are many many shareholders.
This time around, OLH offer me many Goodies. He will get my vote

Affin Hwang gave puncak fair value 2.90. Hng33 gave FV 2.70. My estimate EPF cost 2.70
So Puncak will be smack in between 2.80. So long friends. As sudah kena said" hard to
make money nowadays"

I heard last week Selangor wants to revamp the master plan. So i told my Bumi partner not
to bid for work on those Langat 2 contract ( small works) unless "Datuk" pays us 30%
upfront. I don't trust Fed Or States when money is concerned

"Roger aka Rambo" Second vote. CaoCao--cash flow kills a company not balance sheet.
Even Puncak win, Selangor Gov could ignore any payments (already running deficits).
What Rozali can do --Bankrupt Selangor.? Not a good idea because you get "Rakyat
Selangor Derhaka"

Lucky you. Most of my friend sell at 1.55-1.60 hoping to buy back at 1.00!!!!!!

Are you caught--CaoCao! I know many many friends spitting at EPF until today--bcos of DRB

EPF is a very sophisticate Trader. You don't know when they are buying Or selling because
EPF has many operatives trading in tandem with him on particular stock. When EPF buys,Stock
price actually falls and when sell price will rise. Printed reports actually give you a false image.
After Lehman Brothers crashed, Banking stock crashed too but look at today bank stock.
Foreign Investor Reports said EPF created the biggest stock party in Malaysia And if you
are late you missed the party.

hng33. "Puncak fair value should be at RM2.70". Strange I have seen this number 2.70
in "some documents--for your eyes only" And i also estimate that EPF cost is around 2.70
( written in KPS blog yesterday)

I have to agree with Roger123 on LTH. We need outside/fence sitter buyers to rush-in to push puncak price to next level and new level. Once you see almost no sellers but just buyers. That "rush" feeling will make everybody willing to jump in. But if LTH suddenly throws in a 500K block, it immediately become a anti-climax and blocked any price increases. I think this what Roger
meant.

For a small cap like Puncak and KPS, Big players will dictate the final price. Small players
like us has no said. Unlike Cimb whether EPF can buy 4M shares but small players can buy
up to 6M shares a day

Dear Tornado, Puncak first run didn't break 3.15 has surprised many in Puncak blog.
Everybody were looking for the Sellers but no avail. I found who the seller by accident.
It is a Bank mutual fund that is doing the selling. The mutual fund manager even provide
me a list of stock price that they are trading ( for my eyes only)

"TA" Tak Ada Apa-- ha ha. TA is a security house

Why Mr S is still collecting yesterday( 1.573M )? I think it is the possible gain from 1.50 to
2.50 ( 1.00 gained ) I based this on hng33 calculation that KPS will have RM2.00 nett cash
per share from asset disposal (provide splash is offer 1X). KPS has only one majority share-
holder--KDEB ( 60.7% shareholder ) that is unlikely to sell compare to Puncak.
Puncak is most likely to gain around 3.50 if the deal goes thru..But the problem is will Tabung
Haji let go its shares (6-8%of Puncak) since Puncak is no longer shariah compliant.
If THB let go, then Puncak share will be capped at 3.20-3.50. Another possible seller is EPF,
whose cost is around 2.70. When so many sellers let go because of huge demand, puncak
will mostly capped at 3.0 - 3.10. The possible gained of only 35 - 40 cents ( cost at 2.70)

The ball is in Fed's leg And state is sitting on the side line. Now it is up to langat 2 cronies
to apply pressure on Putrajaya. But made no mistake, once Najib Okay the deal there no
time for people on sideline to make money--stock price will leap bcos the demand is huge
after such a long wait. It is really a gamble you have to take.

EPF never loose money on stock. Never buy high And Sell low. I have known this decades
ago. EPF goes into any stock with atleast 2-3 agents. They are trading between themselves.
Unless a Big shareholder decided to sell then only you will see EPF supporting the share
price --provided EPF is a big shareholder of that stock--(Eg Cimb )

Once EPF stop supporting Cimb, Rhb should received more attention. Considering EPF
spending up to 10-15 million ringgit(ave) per day to support Cimb, buy 1M rhb shares/day
is not overdone.

Dear Roger--You sound like 123 Gremlins singing in my BirthDay Party