hng33, Tony Pua and Rafizi are one of them, just of different alliance.

jacklintan, I would be extremely happy if Puncak can cross 3.50 now, and crazily happy if it crosses 3.80...

只要坚持永不认输？

hng33, respect, keep up your good work. Enjoy reading your posts, they give me an impression that you are beating big bosses trying to screw us small shareholders.

2.58 now, guess my entry at 2.48 is a rather good move, hope this earns me enough to a short trip to Singapore... guess not, only 100 shares traded, sigh!

upsidedown, you can find the list of 100 largest market cap companies on the Star business section every Monday. Maybank is over 80b while Tenaga is only 62b

hng33, well said "only realized profit is real"

Singor, Wah, thanks for the good news!

very interesting, I tried twice with each purchase of 3000 shares of Puncak @2.48; and immediately, its sold down to 2.47 with 400 shares and 300 shares respectively; wonder why's the reason?!?

hng33, agree Maybank is rather cheap

hng33, I didn't know if foreigners will keep on buying, can only read the past records and hope for the best. Frankly, so tied up in Puncak now, can barely buy anymore. Sigh!

foreigners having been buying since last Friday, two days continuously, hopefully this is a good starting point!

hng33, just check, you are actually right, its 狗嘴里吐不出象牙...

Hng33, think its 狗嘴里长不出象牙?!?

cheoky, good luck with that. I was wrote them TWICE about MAS crash impact on MNRB, guess what, no reply!

our government is very geng leh, no yellow shirt with bersih... a big joke around the globe!

i just check, Splash has water treatment plant capacity of 2000 MLD valued at 1.58 billion while PNSB's capacity at 1931 MLD valued at 1.35 billion. Is it because Splash is highly leveraged that it's getting little for its equity compared to PNSB?

Singor, agree, but still I dislike azmin more

Don't think Khalid cares if the deal is fair, his exit from pkr is ugly with humiliation. Politicians are human too, n particularly greedy & selfish (I m not referring to statesman)

Singor, Khalid waiting to fire more if splash bid is higher

Singor, thanks. How come you know so much one, fainted!

Recently reported news seems to point to a deal completed soon. Yet, Puncak share price has yet to show response, wonder if investors have lost faith in this deal?!?


http://www.themalaysianinsider.com/malaysia/article/restructuring-doesnt-mean-end-of-free-water-says-selangor-body

Restructuring doesn’t mean end of free water, says Selangor body

Selangor's water restructuring exercise will not hamper its free water programme, state-owned entity Pengurusan Air Selangor Sdn Bhd said today, although it will still proceed with a study to analyse water usage to ensure the programme benefits intended recipients in the lower-income and needy group.

Air Selangor's chief executive officer Suhaimi Kamaralzaman said there was no plan to discontinue the free water programme, echoing a statement by Selangor Menteri besar Mohamed Azmin Ali recently.

“Domestic premises in Selangor will continue to enjoy free water even after the ongoing restructuring water industry exercise is completed, as mentioned by the menteri besar. There is no plan to discontinue the programme," he said in a statement today. googletag.cmd.push(function() {googletag.display('div-gpt-ad-1400601790726-3');}); But Air Selangor would go ahead with an in-depth study on the free water programme which began in 2008, he added, and present findings to the state government and stakeholders.

"This is to ascertain whether the free water programme actually benefits the intended users, particularly lower-income earners, less fortunate and families as well as those requiring long-term medical assistance."

Suhaimi added that the majority of households in the state did not pay for water if they used less than 20 cubic metres. Azmin had on August 17 said the state government might have to review the free water programme as the subsidy for those who could afford to pay for water was "unfair".

He said the state wanted to ensure the targeted groups benefited from free water and invited Selangor assemblymen to debate the matter.

Azmin also said that a review did not mean the state would abolish the free water programme. Selangor is in the final stages of restructuring its water industry under an offer to take over four concession companies for RM9.65 billion.

From the RM 9.65 billion, Putrajaya is allocating RM2 billion to the state government to take over the equity in the four companies, Suhaimi said today.

The state will then transfer the same amount in water assets to a water management board, Pengurusan Aset Air Berhad (PAAB), which will lease back the assets to Air Selangor.

The balance of RM7.65 billion will cover the outstanding water-related debts owed by the four concessionaires – Puncak Niaga Sdn Bhd (PNSB), Syarikat Bekalan Air Selangor Sdn. Bhd. (SYABAS), Syarikat Pengeluar Air Selangor (SPLASH) and Konsortium ABASS Sdn Bhd (ABASS). – August 27, 2015.

Hng33, thanks. Anyway to value kps & its nta, cash position after restructuring?

No religion affiliation, n have no intention to have one, at least for some foreseeable future

our politicians are hopeless lah... Unfortunately, I am not Muslim and have no intention to become one, otherwise can pray to Allah, read an article saying some Muslim Brunei believe Brunei's oil is due to praying to Allah...

hng33, may I know why are you choosing KPS instead? I have been trying to evaluate KPS based on announcement, but no information is available on restructuring's impact on KPS for the analysis. Seems like KPS is stuck with SPLASH valuation?!?...

Shameless Azmin ignores the facts n put selangor water supply at risk all because of politics

upsidedown, that would be great! the higher the merrier.

hng33, your rules are hard to follow leh! still, thanks!

upsidedown, I never believe in a relationship that's transferrable on conditions, haha... anyway, wish our Puncak share price will be at least 3.50 pre special dividend of 1 per share

upsidedown, thought jacklintan already said 'his/her' name is Jack and you still have hope?

Singor, thanks for the update

roger, its ok lah, I am rather motivated right now, thanks to our governments', state-wise and federal-wise, non-stop free jokes.

roger, I am not sad, I am furious, not because losing money, but because believing in what Azmin said! I don't know how much you have lost, but to me, I lost not just paper-wise, but opportunity to grab others. Azmin thinks he can main-main everyone, then I will show him my vote till I am dead!

Singor, thought u sold all already?

Cheoky, that's what I m doing and why I m so mad at Azmin

roger, what's the whole point of fighting each other? Might as well curse Azmin together for his lies after lies! One thing for sure, I will not vote for any PKR candidate until Azmin is fired!

best if Puncak just sell off everything and distribute shareholders cash

http://www.theedgemarkets.com/my/article/fix-ringgit-freefall-and-political-instability-johor-sultan-tells-putrajaya?type=Markets

Will najib ignore again?

hng33, congratulations! and thousand congratulations!

hng33, thanks for saving the day, but guess only an announcement by government that the water deal is completed can save the day for Puncak, damned Azmin, curse him!

fainted, heard Japan is falling 1%; hopefully the market will start to calm beginning today after so many selloff, including the US

hng33, agree. But Saudi also has the most to lose when oil price is around 40. Think eventually it will have to be Saudi the first to announce cut and awaits other to reciprocate.

And a comforting news right now would be a gradual recovering in the US market

well, US10 is the cost of production before including social cost. Given budget deficit of over 40 (or is it 50) billion USD this year alone, Saudi can't keep this game indefinitely

IEA and EPA

hng33, do not agree, Saudi production has increased more than 2 million barrels per day since Iraq embargo that Saudi could easily cut down. Demand for crude oil has actually increased to 94 million barrels per day from 92 million barrels per day (didn't check figure carefully, but can confirm easily through most reports available online.) Furthermore, the slower oil demand has actually not caused by 'slower economy' reported by news as I see it. It has more to do with newer technology developed to improve energy efficiency due to high oil price (consistently above 100 over a few years!) Well, anyone could put in any conspiracy theories into this.

hng33, agree. Given sharp drop in US right now, guess your scenario could play out right

hng33, I think we have more to fall, given poor plantation performance and low oil & gas price. Further weakening could be seen in property and bank stocks. Hopefully, it will end before consumer and industrial stocks are heavily affected as well. Guess the only thing to hope for is a Saudi production cut announcement, around 1 - 2 million barrels per day...

fainted, soon roger will be addressed as 七伤拳。。。

hng33, fainted, while knowing you are targeting roger, can't help but feel bad myself for holding on. Sigh!

roger waiting for 2.30?