In the past discount too high is a problem. Going forward if discount narrow conversion will reduce.

EPF & Wellington must be stupid to buy AA if problems at AAX affect AA.

Why analysts TP remain high for AA even AAX keep dropping is a question mark?

If no shits release how? Last 2 days already up.

Why major promoter hng33 more busy with BJ Corp than Puncak?

Thank you jolie2. I just want to prevent those selling Puncak like EPF recently.

goldenhorn you have your point as well. Those buying or not selling(including Tai) warrant think there is still some value in it. Hence mother should worth than 67sen?

TP not RM3.80 as hng33 and kahhoeng said?

If buying from open market cheaper than converting warrant why not let it expire worthless. Now buy 58-58.5sen vs converting warrant 67sen buy from open market is cheaper.

As the owner of Puncak Niaga and Syabas, we have agreed to the takeover of water assets by the Selangor government. We now need somebody to run the company without any conditions and further delay, he added.
PNHB had agreed to sell its unit, PNSB, and 70 per cent-owned Syabas to Pengurusan Air Selangor Sdn Bhd for RM1.55 billion on Nov 11, 2014.

ah_huat_liao Masteel 5 sen, 10 sen are you dreaming? Who want to sell so low? Why Tai spend RM 1.34 million converting warrants at 67sen last month?

If confirm extend until end June why Masteel still not suspend? Meaning still got hope to complete before May 12?

So any shareholders here who have unwanted shoes please don't throw away. We can throw it during AGM.

If Xinquan shareholders can throw shoes to get dividend why can't Msports shareholders do the same?

If Wie dare to buy meaning he know coming QR good?

Rozali seldom talk. When he talk people take note like in newspaper today. BN attack PR on water tariff hike in Penang recently so unlikely Puncak can get one. Best is to complete agreed water deal as soon as possible.

Perhaps can ask their investors relation department on this matter if not have to wait until AGM.

Many i3 forummers said Public Mutual are among the best unit trust companies in M'sia. Why when come to their research many do not follow?

Why Public Invest still maintain TP at RM1.10?

If FGV trade at IOI half price, it is fair to have half yield like IOI? 10% KLK, UP, 25% Sime?

Protecting my counters is one thing what about attacking people like ring do?

If ring talk bad about FGV what she want to recommend? UP? Cannot find her name there wo, how to buy? duit lucky you are here. Not easy to defend so many attacks. I have so many counters to take care.

Last financial year FGV give 10sen dividend. This year if give 8sen dividend consider OK?

Throw shoes at coming AGM for not giving dividend.

Throw shoes at AGM for not giving dividend.

Perhaps Tai should buy Masteel from open market and not exercise warrant to instill confident.

Why Wie keep buying yet share price keep dropping?

Good QR or share buy back coming?

Ask VT give bonus and make BJ Toto cheaper than Magnum so that Magnum shareholder can buy BJ Toto. If share buy back can halt share price sliding it is preferred over dividend.

NHB: Resolve Selangor s Water Industry To Avoid Dry Taps
The issues related to restructuring of the water industry in Selangor needs to be resolved at the soonest to avoid taps running dry in the state with water reserves at below five per cent.
We need the Langat 2 now and additional water supply as reserves are very low, said Syabas and Puncak Niaga Holdings Bhd (PNHB) executive chairman, Tan Sri Rozali Ismail.
Langat 2 is a major water supply project for Selangor and Kuala Lumpur. It is expected to cater to the state s water supply needs up to 2025.
A further delay in resolving issues between Selangor and the federal government will put a strain on water reserves in the state as well as bring about serious economic implications, Rozali opined.
It will affect other developments as well, including the Langat 2, he told reporters after officiating the 9th Annual General Meeting of the Water Association of Selangor, Kuala Lumpur and Putrajaya (SWAN) here today.
He said the Hybrid Off River Augmentation System project by the Selangor government is only a short-term measure to ensure adequate water supply, while Langat 2 is needed to avoid a shortage over the longer term.
He added that Selangor and the federal government are still negotiating to fulfill certain terms and conditions under the sale and purchase agreement signed between both parties on Nov 11, 2014.
The date to finalise the proposed takeover of the water concession from Puncak Niaga (M) Sdn Bhd (PNSB)and Syabas by the state government has been delayed thrice.
It was initially set to be finalised on Feb 9, and later extended to March 9, and then to April 9. The latest date is May 11.
If both parties fail to resolve the water restructuring process by May 11, I have to bring the matter up with the board of directors for a further extension, said Rozali.
As the owner of Puncak Niaga and Syabas, we have agreed to the takeover of water assets by the Selangor government. We now need somebody to run the company without any conditions and further delay, he added.
PNHB had agreed to sell its unit, PNSB, and 70 per cent-owned Syabas to Pengurusan Air Selangor Sdn Bhd for RM1.55 billion on Nov 11, 2014.
Meanwhile, Rozali said the delay had restrained Puncak Niaga and Syabas from undertaking projects for the benefit of consumers and the water industry, such as an upgrade of the water system by replacing pipes.
- Bernama

Coming AGM-propose share buy back? Good to have one when share price is low. Better than giving dividend?

Still no news of Tai(major shareholder) selling. Recent slide not caused by him?

Posted by matakuda > May 6, 2015 08:27 PM | Report Abuse
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4728837

All steel makers rugi except for Masteel. You know what I mean, don't you?


Someone jealous of Masteel? Like my Icon checked by MACC not others.

Renewal of FGV's CEO contract remains unclear
http://www.theedgemarkets.com/my/article/renewal-fgvs-ceo-contract-remains-unclear

Better don't renew. FGV shareholders and BN also suffer because of him.

HuatAh1990 said RM3K profit jolie2 think 3000 shares. I guess jolie2 buying price above RM1.50. Those who want to take profit please consider Icon at only 60sen only. Latest avg TP 89sen or PE only 5 times 2015 earnings.

EPF buying.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4728141

high risk high gain. What if audited account is ready before May 12?

If Tai is not selling who is selling that make Masteel drop non-stop?

Anyone know by when Tai must report to Bursa should he sell any of his Masteel in recent melt down?

Do major shareholder Tai sell any of his shares since the audit issue? He should know Masteel better than anyone of us here.

Why Ma Guoliang own 63% of Xinghe? Is he selling any of his shares at 7sen like today and so many days q?

Share buy back good? Why Parkson share price lower than My Eg despite buying back almost every day? How often is My Eg share buy back? Every day?

Staffs resigned can be replaced although they might take time to familiar with Masteel accounts hence more time is needed to complete the audit.

Perhaps some staffs in acct dept resigned hence the audit issue? Anyone can confirm?

Buy buy buy follow Wellington and EPF buying. 3sen dividend coming soon.

CPO rebound will FGV rebound?

BN reduced majority meaning some Felda settlers not happy with FGV share price slide.

hng33 next due date is May 11 not May 9. I think Azmin now busy with Permatang Pauh by-election tomorrow.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1193561

Rozali the big boss not selling so no problem at Puncak. EPF is not big boss so their selling will not affect RM1 special dividend pay out.

I agree with s2015. I also bought at 60sen today.