2cent opinion, theboss hold 28% of tri but 39% of puncak.As a wise bizman dont think the deal is likely to create something unfair to puncak. well still unknown about the deal, according to annoucements is to eat some of the biz of triplc right, not buying the whole company, mayb is a merger. well is a good move for merge.since tri hav solid construction based w/o strong cash, but puncak with strong cash flow so can bid for biggest project. Therefore i think is wise and safe to invest in puncak, since the price still undervalue compare to its netcash. with rm2/shares cash, i dont think eat just eat triplc and scale up the biz will damage a lot, the current situation of the company just like the hungry buaya to hunt for any foods.
Stock: [PUNCAK]: PUNCAK NIAGA HOLDINGS BHD
2016-04-24 16:02 | Report Abuse
2cent opinion, theboss hold 28% of tri but 39% of puncak.As a wise bizman dont think the deal is likely to create something unfair to puncak. well still unknown about the deal, according to annoucements is to eat some of the biz of triplc right, not buying the whole company, mayb is a merger. well is a good move for merge.since tri hav solid construction based w/o strong cash, but puncak with strong cash flow so can bid for biggest project. Therefore i think is wise and safe to invest in puncak, since the price still undervalue compare to its netcash. with rm2/shares cash, i dont think eat just eat triplc and scale up the biz will damage a lot, the current situation of the company just like the hungry buaya to hunt for any foods.