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2016-07-30 13:58 | Report Abuse
rMoi, thanks for the update, didn't notice the announcement. Hopefully future will be brighter for Puncak's share price...
2016-07-30 13:53 | Report Abuse
EDGE weekly has an article on BJCorp on the latest issue, read it if you are interested, mainly on consolidating BJCorp businesses, selling assets to pare down debt, focus on Vietnam Toto, and being a value trap
2016-07-30 11:40 | Report Abuse
If not these 3 factors, can't really figure out why already
2016-07-30 11:37 | Report Abuse
Roger, thanks for the update
2016-07-30 10:34 | Report Abuse
rMoi, LTH can't buy Puncak already cause Puncak is no longer a shariah compliant share...
Roger, never understand what you are trying to show other than nonsense. You said you bought earlier, yet you kept saying bad things about Puncak after it fell below 1.10.
Truth is, many bought this stock plainly because its so much below its net cash per share. While agreeing with some suggesting China companies listed in Malaysia also holding more cash than its share price, its a bit different to Malaysian stock. The reason is simple, many not trusting China's stocks because its auditing is not trusted. Meanwhile, while China companies kept raising cash despite huge cash pile, Puncak has actually bought back shares through buying back the convertible sukuk. No doubt, Rozali has not been transparent of what he had in mind with Puncak's future, keeps the management to himself while awarding himself with high salaries, and refusing to initiate share buy back to award minority shareholders.
If market is truly efficient, which I doubt, the reasons for such a low valuation right now should be attributable to (1) bad marketing of the company's investor relation (2) no longer a shariah compliant stock (3) future's still uncertain...
Still believe that Puncak should be valued between 2.30 - 2.80 (well, may have to take 0.10 down given that net cash per share has dropped 0.07 in the latest quarter report)
2016-07-30 10:15 | Report Abuse
Once someone kena the jackpot, there will be more people buying in an attempt to win jackpot...
2016-07-29 18:41 | Report Abuse
Err... I bought some between 1.00 and 1.03, thought taking some risk since it's in the money already, and see if can buy back at lower price... dare not try much, that's why I said kopi duit
2016-07-29 17:24 | Report Abuse
Eddysurge, I won't be surprised given our low grade analysts and reporting standard...
2016-07-29 16:57 | Report Abuse
firehawk, yes, still believe Puncak should be priced between 2.20 - 2.80. I managed to sell some yesterday at 1.08 to buy back last minute just now at 1.06, kopi duit
2016-07-29 16:54 | Report Abuse
alas, no more sell down lah, please, so low already. Its already like lelong now... Manage to buy some at .345 yesterday and this morning
2016-07-29 15:49 | Report Abuse
speak_up, while you spend effort trying to report the 'huge loss' to educate people like me, may I suggest you to read the cash flow statement and balance sheet?
2016-07-29 09:08 | Report Abuse
manage to buy some at 0.345 this morning, hope not a falling knife like my investment in Puncak...
2016-07-28 18:06 | Report Abuse
King36, capital gain from share price reflecting it's net cash ex-debt of 2.70?
2016-07-28 16:52 | Report Abuse
Just added some at .345, last minute sold to me...
2016-07-27 15:55 | Report Abuse
its disappointing not seeing any upward movement despite the Toto venture in Vietnam... what to do? This is a crazy market
2016-07-27 11:38 | Report Abuse
cfoong, may I know where you heard about the sport betting?
2016-07-25 16:51 | Report Abuse
The over 3 million shares queued to sell at 1.11 is as if to tell small investors not to buy, haha...
2016-07-25 11:28 | Report Abuse
hippo_yin 呵呵,BJC在JEJU项目的股东合伙人是政府单位。。。
2016-07-25 11:17 | Report Abuse
Ricky Kiat, little was told. What was confirmed is that BJCorp, vie BJLand, has decided to sue Korean government for compensation in billions. You have to refer to
http://www.bursamalaysia.com/market/listed-companies/list-of-companies/plc-profile.html?stock_code=4219
for more details. I have difficulties accessing the site right now, no idea why...
2016-07-25 10:17 | Report Abuse
hippo_yin 那是因为BJC的JEJU项目喊停了,正在诉讼着。。。
2016-07-24 18:46 | Report Abuse
wonder if any of you notice there is no new call warrants with expiry date after end of October? Have those investment banks not dared to issue any after then?
2016-07-23 20:23 | Report Abuse
ignissimia, from how you have described it, hopefully you are being conservative here, haha...
2016-07-23 18:03 | Report Abuse
Ignissimia, only 3 draws per week currently leh, guess you have slightly overestimated...
2016-07-23 14:00 | Report Abuse
found on the vietlott website, saying tomorrow's jackpot prize, wonder if we can guess the sales from this?
2016-07-23 12:10 | Report Abuse
http://vietlott.vn/en/
Estimated Jackpot Mega 6/45, draw date 24/07/2016
12.858.704.500đ
2016-07-22 20:59 | Report Abuse
http://www.theedgemarkets.com/my/article/puncak-niaga-confirms-exiting-chinese-market?type=Corporate
KUALA LUMPUR (July 22): Puncak Niaga Holdings Bhd has confirmed it is exiting the Chinese market, after a buyer was found to take up its entire stake in loss-making Luwei (Pingdingshan) Water Co Ltd.
In a filing to Bursa Malaysia, the water services company named Lushan County Chengnan Water Co Ltd as the buyer.
Puncak Niaga had announced on July 13 that Luwei, a water treatment company, will be sold to a state-owned enterprise to be identified by the Lushan provisional government.
2016-07-22 19:19 | Report Abuse
Ok lah... TP 2.80 boleh kah?
2016-07-21 19:38 | Report Abuse
Shares buy back until existing businesses are sorted out, sold restructure or revitalize... then, we talk buying other businesses... if rozali want, use his own money from special dividend... Or, a cash opt-out option at 2.80 for those disagreeing
2016-07-20 17:29 | Report Abuse
announcement Friday? This happened a few times last year, rally until Thursday or Friday before announcement...
2016-07-20 17:03 | Report Abuse
scary if no holding power...
2016-07-20 16:22 | Report Abuse
bought some at .35 just now... wonder if I am catching a falling knife?
2016-07-19 21:24 | Report Abuse
linges, from 8.01 to 8.60 is less than 10%, Puncak has risen from around 1.00 to 1.12, which is about 10%... Hope the rise will continue until 1.80 though, at least I can sell those bought between 1.00 and 1.14.
2016-07-19 20:49 | Report Abuse
BJToto is rising but BJCorp barely moves, wonder why?
2016-07-19 15:46 | Report Abuse
bought too early at .36, should have Q at .355, sigh!
2016-07-19 09:36 | Report Abuse
VT charity? That would be a big joke...
2016-07-19 09:35 | Report Abuse
leecuteguy, you need to know the majority of the losses, at least 80% if I were not wrong, are due to impairment. Yet, people keep worrying about the losses when knowing well the cash in hand had barely change
2016-07-18 16:56 | Report Abuse
anyway, glad to see my purchases at 1.00-1.03 are in the money now...
2016-07-18 15:09 | Report Abuse
how do you guys know there's 'major' news coming?
Damned, so nice to have insider info...
2016-07-17 18:23 | Report Abuse
Hopefully we will be able to know how much sale from Vietnam first Toto draw soon... should offer a great deal of knowledge how promising the business venture can be...
2016-07-17 13:48 | Report Abuse
Good luck, will vote NO myself...
2016-07-15 17:27 | Report Abuse
so many short term traders, eager to sell before weekend come?
2016-07-15 17:25 | Report Abuse
rMoi, you will have to be an insider to be sure of that special dividend... Frankly, 0 trust in Rozali now, if not for so undervalued, would have sold them and replaced them with other stocks...
2016-07-15 13:17 | Report Abuse
Roger, I bought puncak before I check this place... I hold cause I thought cash rich company is better than debt rich... I bought both hdbs and puncak but sold hdbs too early when I thought puncak is much cheaper than hdbs, guess it's wrong
2016-07-14 20:36 | Report Abuse
titus, sorry, thought you meant Co'S'way, not sure about Coway though...
2016-07-14 12:34 | Report Abuse
Err... on balance sheet, there could be no write down, I suspect the writedown has been allocated in the last quarter report. On net cash basis, Puncak should actually experience an increase.
2016-07-14 10:09 | Report Abuse
a company with a net cash of more than 1.2 billion but traded at less than 450 million, yet the management and board said NO word and do NOTHING, a real pity...
2016-07-14 10:08 | Report Abuse
hng33, err... that's because I don't have your decisiveness and skills? Anyway, best wishes to BJCorp's future
Stock: [BJCORP]: BERJAYA CORPORATION BHD
2016-07-30 14:24 | Report Abuse
hippo, sorry, think its only available in print copy...