HLIB says it is embarrassing to push to promote to investors a "dead" company with its share price so low

Need to do something

Each has voluntarily withdrawn the legal suit against each other

Stuck a deal

Consideration to withdraw the suit, lots of projects will be forthcoming (see the price movement, insiders know)

Puncak is a significant player in its field. Puncak's expertise is needed to improve the nation's water infrastructures

1. Johor
2. Kelantan

Billions will be spent on clean water...

PUNCAK has shown it is an indispensable part of Malaysia clean water

Talks of clean water in Malaysia is incomplete if PUNCAK is not mentioned

Unexpectedly from Johor.

Sabah and Sarawak still on

More significantly, this contract win shows Rozali is working is tendering not in deep slumber as feared. Thank God.

Hence, can look forward to surprise contract wins.

Puncak has exposures in Sabah and Sarawak

More allocations are being given to develop Sabah and Sarawak

Let's see if Puncak will succeed in getting some projects

It is ironic that a supposedly cash rich company has its operating profit wholly eaten up by finance cost

Good thing that in the QR there is a statement saying the company is looking to refinance its bank borrowings

Everytime there is speculation of
GE15 PUNCAK goes higher

Price keeps going up

Insiders keep buying

Insiders already know Puncak is going to win the case?

Incidentally Selangor is under the opposition



Puncak wishes to announce to the Exchange that the trial continued on 4 January 2021, 5 January 2021, 8 March 2021 and 9 March 2021 respectively. The trial dates fixed on 13 April 2021 and 14 April 2021 are vacated because the trial judge will be transferred with effect on 5 April 2021 and the parties need to wait for further directions from the Shah Alam High Court with regards to the continued trial. The Shah Alam High Court has fixed a case management on 13 April 2021.

This announcement is dated 15 March 2021.

This is because you are accounting illiterate


SinGor really did'T see any earnings. Operation makes 4.2mil. The rest are made up numbers and Gov.
Tax credit

26/02/2021 11:27 AM

Completion of UiTM compus has substantially reduced its risk profile

Puncak has completed the construction of UiTM campus; as such, can start putting its resources to tender for new contracts

From now on Puncak will at the least breakeven

Without the errors in finance cost and tax charge Puncak could well have turned around

If the "correct" finance cost is RM 3m lower per quarter coupled with a lower "correct" tax charge at RM 0.5m per quarter Puncak would be reporting a profit in most of the quarters

There have been operating profits for a few quarters now; losses were wholly due to finance costs

Concession owner Triplc was aquired approximately 2.5 years ago on 31.5.2018

The interest cost error was from concession segment

Reversal of error due to the construction partion of the concession has been completed???

There was a RM 11.7m over provision of tax in previous year too

It could well be a one off gain but what is the normal finance cost from now on?

Lousy sub par accounting work by Puncak account department

Made errors in prior years to the tune of RM 30m?

Without these errors Puncak could have made profits in the past few quarters already

Without the big finance cost and the big tax charge Puncak could be making profits from now on

Puncak has turned around

Not selling Puncak but PNSB and Syabas

That refund to Rozali is good news to Puncak

Now Rozali has more fund no need to rely on bank loans so much

Overshot on the way down and abandoned

Kept off the radar eventhough the concession is making good progress

Puncak's concession business

Puncak price previously took a big blow and overshot on the way down due to the fear of cancellation or downward revision of the concession values when PH took over government

Overshot on the way down

Since then Puncak price has not recovered from the shock eventhough friendlier party has taken over the government

Contrary to speculation, there is no truth that this counter is being used to generate funds for next GE15 election.

Palm oil at multiple years high

There is always demand for palm oil

Proving PUNCAK ventured into large scale oil palm plantations is correct

This is going to last a long long time


2021

WATER theme play

PLANTATION theme play

2021 will PUNCAK be lifted by not just one but 2 theme plays ??

Comments

Stock: [PUNCAK]: PUNCAK NIAGA HOLDINGS BHD

 Dec 26, 2020 3:38 PM | Report Abuse 

Only companies with very high NTA and cash and cash equivalent can do this kind of scheme

INSAS is a very good example



Certain INSAS's director has a special talent in arranging this kind of scheme to realise the high NTA value of the company in the hands of the shareholders



Payment of your principal plus interest is secured by a piece of property



Interest at 6.5% per annum



In the meantime Tan Sri is brewing something that capitalizes on Puncak's strong Balance Sheet and cash position so that Puncak' high NTA valie is at least partially realized in the hand of shareholders



Suffice to day Tab Sri is also in pain

Only companies with very high NTA and cash and cash equivalent can do this kind of scheme

INSAS is a very good example



Certain INSAS's director has a special talent in arranging this kind of scheme to realise the high NTA value of the company in the hands of the shareholders



Payment of your principal plus interest is secured by a piece of property



Interest at 6.5% per annum



In the meantime Tan Sri is brewing something that capitalizes on Puncak's strong Balance Sheet and cash position so that Puncak' high NTA valie is at least partially realized in the hand of shareholders



Suffice to day Tab Sri is also in pain

Only companies with very high NTA and cash and cash equivalent can do this kind of scheme

INSAS is a very good example

Certain INSAS's director has a special talent in arranging this kind of scheme to realise the high NTA value of the company in the hands of the shareholders

Payment of your principal plus interest is secured by a piece of property

https://www.theedgemarkets.com/article/tenders-rm4-bil-rasau-water-treatment-plant-be-called-next-year

Interest at 6.5% per annum

Yes still big buffer

Price will go up to 60+ sen then dropped to 40+ sen

From 40+ sen will go up to 70+ sen

So on so forth till 1.00+ ringgit

Water treatment play will last awhile

Price will not collapse back to 20+ sen

In the meantime Tan Sri is brewing something that capitalizes on Puncak's strong Balance Sheet and cash position so that Puncak' high NTA valie is at least partially realized in the hand of shareholders

UMA

How come bursa malaysia never uma on how come your shares price is only around 30 sen when your nta is around 3 ringgit?

Now 1.50 plus 0.50 from water treatment projects equal 2.00

Tan Sri has been trying to device something magical to push the price to 1.50 to relieve pain

Well you don't know what is going on

Suffice to say Tan Sri also in pain

Already going for 1.50

With water treatment projects in the pipeline now going for 2.00

You don't buy is problem.

Got burned badly last time

You don't know but based on the big volume and price jump apparently a lot of people knew

That something big can push Puncak to at least 1.50

Smart money is accumulating for that something big that is coming next month

rogers123 Puncak is venturing into mining gold and lumber

02/09/2020 1:01 AM

*******

This is rubbish.

Never heard of.

From where you heard this from?

Puncak is venturing into cultivation of Musing King

*****
Not rubbish. You call up Puncak IR to enquire

Not rubbish

easyjenny
easyjenny
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Stock: [PUNCAK]: PUNCAK NIAGA HOLDINGS BHD

Aug 29, 2020 3:49 PM | Report Abuse

Here’s the math – the potential harvest from an acre of mature Musang King orchard per year is RM156,000 against rubber (RM4,000) and oil palm (RM17,500).


Stock: [PUNCAK]: PUNCAK NIAGA HOLDINGS BHD

Aug 27, 2020 11:11 AM | Report Abuse

Puncak is venturing into cultivation of Musing King


Stock: [PUNCAK]: PUNCAK NIAGA HOLDINGS BHD

Aug 9, 2020 3:11 PM | Report Abuse

Musang King

02/09/2020 1:01 AM

Here’s the math – the potential harvest from an acre of mature Musang King orchard per year is RM156,000 against rubber (RM4,000) and oil palm (RM17,500).

Puncak is venturing into cultivation of Musing King