Bro CharlesT. If Uncle Koon dare to reward me 100% of my profit for year 2016, I'm willing to donate the entire money to the charity. Wakaka

Posted by CharlesT > Dec 29, 2016 02:01 PM | Report Abuse

If koon honour his words i will donate 10% of his money to charity...timetokoon n stockraider come to join me

CharlesT. I think you can claim the rewards from Uncle Koon on behalf of Murali.

Timetokoon, Murali and Raider, please show them the proof to claim the one off windfall profit once in a blue moon. Why he dare not mention my name in the list. What a waste! Wakaka

If timetokoon, murali, and stockraider can show the amount of profit each of them has made from the stock market in whole of 2016 with documental proof, I am willing to give them double the amount they have made.

Raider sifu has been doing very well for the past 3 years at least. His stock pick are more focused in mid and long term. I did learn a lot from him in Investlah forum.

Raider stepped on his tail this time but that's the facts he has been denying for decades. He can't stand to hear criticism from this forum. No matter how he defend for himself, he can't convince others of his intention is noble.

OTB. I think it's OK for the winners not to receive any monetary rewards from the competition but we will be very happy to see if the pay check to charity under their IDs in I3investor . wakaka

Posted by Ooi Teik Bee > Dec 25, 2016 09:04 PM | Report Abuse

Posted by Up_down > Dec 25, 2016 07:08 PM | Report Abuse

Now you only know. Last year, he did propose to sponsor 10k first the top 3 winners for competition 2016 but nothing happen lor. haha

Ans : Mr Koon wanted to sponsor RM 20k. The committee did not want to accept cash prize. We turn down his offer.
Thank you.
Ooi

Now you only know. Last year, he did propose to sponsor 10k first the top 3 winners for competition 2016 but nothing happen lor. haha


Posted by stockraider > Dec 25, 2016 06:55 PM | Report Abuse

If reality competition....go for KYY-Rhb proposal....go and put real monies of Rm 100k each participants loh....!!

Where is KYY so-called KYY Rm 1 million sponsored prize monies leh ??

Raider notice this kyy like to talk alot, end of the day never deliver loh....!!

For example, KYY want to sponsor millions to TAR college & university education, what happen leh ??

This fellow talk alot to shiok people alot...but cannot deliver loh....!!

Without any catalyst to offer a fresh outlook, KFima is certainly a value trap like Kseng, Orient.....some more, the dispute araised for the ownership of plantation land in Indonesia held under Fimacorp creating another to blow to this company. Sigh...

Rozali is very very happy to see Puncak share price keeps hitting lower. He is not interested to use piggy bank to support even a single lot of the share.

Concession assets are alike water business...water dropping non stop from the taps during the concession period. I would buy Puncak when the deal is approved by minorities.

steve. Petrol stations are still belongs to Shell. They sell the refinery to China only la.

Hopefully, it will not become an empty shell after acquiring by China. Buy more only when the price has turned into uptrend mode.

OK. I support a bit and bet for its business turnaround in the near future. Hope Raider is right this time.

Be Cautious! Puncak's operation has not turnarounded even though reported huge losses in last Qtr. Puncak is expected to continue suffering at least 30 million in upcoming QR due losses for disposal of China water assets and luxury remuneration of the management.

Quote from a Zen Master:

" If the practitioner knows his own mind clearly, he will obtain results with little effort. But if he does not know anything about his own mind, all of his effort will be wasted. "

I'm expecting Tomypak to post another lacklustre QR. Another hope for gap down at least 5%..

If the deal is approved, Triplc shareholders have to beg for the mercy from Rozali to pay dividends....game over. So Triplc MI must reject the deal lor...Wakaka

The problem is.....Can you bear with the facts that Puncak piggy bank would turn into zero and the company has to borrow heavily to finance the concession assets? You want to see cash in the bank while the company keeps posting losses OR high gearing cum profits in the future? so must know how to give and take lor.

Puncak wanted to rob the assets of Triplc so MI must block the deal for peanut cash 210 million. Wakaka

Puncak has to come out at least 746 million in new plantation business...Its piggy bank will reduce to 144 million after acquiring Triplc.

Don't forget Triplc's Net borrowing stands at 230 million. Puncak will show net Debt in its accounts after consolidation both business. Some more, another Triplc's Sukuk debt worth 600 million has not been taken into account...In the end, Puncak will turn into high gearing company.

Net Cash in Bank: 1,100 million
Less: Acquisition: 446.5 million ( 60% plantation business 33,400 hec )
Less: Plantation expenditure: 270 million ( 15k/hec estimate 450 million x 60% )
Less: Palm oil mill : 30 million ( Estimate 50 million x 60% )
Less: Acquisition of Triplc : 210 million

Raider. It's certainly not easy to get the minority to approve the deal. what would you do if you put yourself in Rozali position? sit there hoping the mercy from the minority? ... or plan and actions many months back to accumulate shares cheap cheap?

Icon is not know the tricky part but have gone through the hardwork in applying the golden rules.

I like this statement:
" I have written about this before - the Golden Rule is correct, but the devil is in the details. If you cannot get the details right, you cannot get the Golden Rule to work . "

Little snake. It's more likely to face obstacles fro Triplc minority to approve the deal....wakaka.

You don't know how many proxies have been ready to vote for the deal....Puncak share drop until this stage so I don't think he is sitting on the chair and do nothing....It is not possible he doesn't know the anger of the minority for depression of share price.

If the deal stated clearly for the distribution of dividends, Puncak's minorities would jump upside down in the EGM lor...

Yalo ...those people were complaining so much and yet don't know what would happen on Monday. Who knows the share price up > 10% in response to the acquisition. Wakaka.

He forgot something la....action different from mind...keeps mumbling...it seems that he forgot the teaching learned from sifu at the boarder....

You think Razali is a rascal person even before the taking over deal of Triplc judging from its past financial records. Why you want to buy Puncak leh? You should ban all counters related to Rozali, right? Your margin of safety is applicable to figures in the books only and not the management? It's obviously your actions different from your mind or what you know about Rozali.

You see his decision swaying...from NO to YES then turned into NO....wakaka...

steveooikp. People said that Triplc would become another version of Puncak..scare this worry that....so i started from his prediction and finally come to a conclusion...no hope for Bursa...wakaka

Yeah...facts of I THINK Puncak and Triplc to buy over all red chips. No hope for both companies loh....

Don't argue so much la...best conclusion is Puncak and Triplc to take over all red chips in Bursa....Shareholders of Puncak and Triplc should run for life....

Better to say Puncak and Triplc together to buy Hubline, MQ, Tech, Xin Quan, Red chips....wakaka

We don't know how much Rozali would distribute cash dividends. But at least we know the fixed costs of the operation is minimal and NIL of peatnut business to create funny funny things like what had happened in Puncak.

You repeat your kid stuff research and insists Triplc is valued 1.00....Simply pluck a figure to make people laughing. You are a sifu man....why so sour grapes for Triplc?

I know you are a shareholder of Puncak....be rational while analyzing a situation before simply jump into a conclusion...

Raider...Is it the grapes too sour and stuck at your throat. Don't simply make a comparison with Puncak before you dig more detail of Triplc....

Triplc will dispose its entire assets and business to Puncak so basically the fixed costs for the operation is minimal other than director remuneration of RM 2.6 million per annual.

What happen to Puncak? Director fees is about RM 17 million per annual...suffered losses from the disposal of China water assets RM 21 million...peanut business in water, construction and O & G could post more losses...so how to compare with Triplc??? Don't be always I think la....


Posted by stockraider > Dec 17, 2016 09:31 AM | Report Abuse

Raider says Existing shareholder Triplc will get roughly Rm 3.00 per share for a new listed company cash shell company loh...!!

The cash of the shell listed PEB is still control by Puncak & Rozali mah.....!!

Same case as Puncak net cash per share Rm 2.50
Now new listed PEB got net cash shell of Rm 3.00 per share.

Raider think Rozali will play the same trick as puncak earlier offer a dividend of Rm 1.00 to Triplc or the new listed PEB shareholder loh...!!

Nice joke!...Where's Cpteh's motto?

Puncak will dispose its water assets in China at a loss at least RM 21 million....

http://www.theedgemarkets.com/my/article/puncak-niaga-sells-stake-loss-making-chinese-firm-just-rm62m-settlement

I will vote No for the deal as it is too cheap to dispose to Puncak.. Triplc don't have to sell at such price as Puncak is desperately needed a profitable business to support its sky high operation costs....Price at least 3.5 per share la...

Jay. I don't think revenue and costs can be recognized for the first 3 years. Service is not considered rendered while a project falls under development stage. All the costs incurred during the development stages would be capitalized and amortization starting to apply when service is provided for receiving payment from the government.

Accounting 101: accruals concept means that revenue and costs are recognised as and when they are incurred, not when cash payment is received or paid. So my interpretation is revenue and costs should be recognised in the first 3 years when work is done, not when payment is received in the next 12 years while maintenance revenue will be recognised in the 12 years maintenance period. In other words, my take is that the development revenue for the build and deployment phase should be recognised by progress for the first 3 years while maintenance revenue will be recognised when maintenance works are carried out.

Windfall profit for Triplc shareholders. Congrate!

FLbhd has announced interim dividend 6 cents. It is far below the expectation of 10 cents to general investors. With the current share price 1.6, dividend yield is merely 3.7% or 30% payout from the net profit. The company is affordable to pay a dividend 10 cents consistently for another 7 years but.... Low dividend yield, No growth in revenue and EPS in near future couple with expecting PER 10x. Flbhd has nothing to shout now other than cash in its piggy bank.

CP teh positions he himself as a doomsayer or cut-loss sifu in investment community....Not that bad lah....Anyway, newbies need to learn the basic knowledge in share investment.

Sad to say.... no action has been taken to support the share price even though plenty of cash is available. It seems that Rozali is very happy to see the share price keeps hitting lower.....non of his business.

你有聽過'細水長流' 嗎? sedikit demi sedikit lama lama menjadi bukit

NTA ....it's correct not cash.... you said you read Triplc accounts...wakaka....you know what's the biggest portion of its assets ? What's positive cash flow generated from the operations for past 2 years...why so high NTA? Get an expert to explain to you to understand more la....don't be so stingy le...

Hng33. What you wanna prove with your findings....when I said not worth means 'not worth it ' . It's a lousy investment.. What NTA 2.56 la.... Concession contract 600 million la ...past EPS high la...all that craps ....all I can say it worths only RM 1.00 ....don't expect to change my mind.....dude

Puncak has not confirmed the offer price....immediately jump into a conclusion that investment in Triplc is a ' lousy investment ' ....this concession business is too complex....not worth to take a look into details.... Debt 300 millions and low revenue ...Puncak minority won't approve it....... Final conclusion....Triplc is worth only 1.00 in my eyes......

I have been talking Puncak by picking out figures from its report and announcement.....and do a bit calculation....at least I have done my job trying to understand Puncak business...not like....wakaka