PUNCAK NIAGA HOLDINGS BHD

KLSE (MYR): PUNCAK (6807)

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Last Price

0.26

Today's Change

+0.03 (13.04%)

Day's Change

0.25 - 0.26

Trading Volume

230,700


24 people like this.

24,497 comment(s). Last comment by NRahmat 1 day ago

stkoay

6,510 posts

Posted by stkoay > 2015-12-01 12:41 | Report Abuse

BIG SIS jacklintan must be busy bargain hunting.........
......but the market is gonna be cautious and weak, so no hurry......

......did I said LTH will buy??
I said DO IT B4 they do.
Hahaha.......Good Luck and happy investing BIG SIS jacky.

titus

4,170 posts

Posted by titus > 2015-12-01 13:57 | Report Abuse

3 more days until dividend ex date. Next monday will see the stk readjust price or mayb friday itself already 1.70?

jacklintan

1,722 posts

Posted by jacklintan > 2015-12-01 15:26 | Report Abuse

stkoay: I am not a sister. LOL

jacklintan

1,722 posts

Posted by jacklintan > 2015-12-01 15:44 | Report Abuse

Yes titus: what is your position with Puncak?

CaoCao

327 posts

Posted by CaoCao > 2015-12-01 15:53 | Report Abuse

err... ex date @ 4/12/2015 so on friday gonna adjust price... also mean who want to sell or buy must b4 friday

money888

430 posts

Posted by money888 > 2015-12-01 16:38 | Report Abuse

after 4th dec, the price is adjusted down...LTH will get dividend...can start goreng again...

YS Babe

6,888 posts

Posted by YS Babe > 2015-12-01 16:42 | Report Abuse

kalau 1 ringgit pun aku tak beli pasal company ini hanya harapkan O&G business yang tak besar mana, 60 sen aku beli hehehehe

titus

4,170 posts

Posted by titus > 2015-12-01 16:43 | Report Abuse

HI jack, I still hold some of puncak. Now feel like no point of selling but anyhow have the feeling after ex date it will down more than the given div rm1

jacklintan

1,722 posts

Posted by jacklintan > 2015-12-01 19:20 | Report Abuse

YS Babe: Ya, perlahan-lahan tunggu..lol

jacklintan

1,722 posts

Posted by jacklintan > 2015-12-01 19:35 | Report Abuse

I wonder what happened to those buyers on 3rd of Nov. No chance of goreng unless they leverage the price.

kjk85

260 posts

Posted by kjk85 > 2015-12-02 09:25 | Report Abuse

what will happen to warrant after ex date since there are huge discount compare to mother

e1shi

212 posts

Posted by e1shi > 2015-12-02 11:19 | Report Abuse

imo they will be given something big so that they can give big favour before next general election

CaoCao

327 posts

Posted by CaoCao > 2015-12-02 11:29 | Report Abuse

com warrant oledi adjusted "naturally" since 25/11 but might be or might not be down little bit following the rm1 adjustment from mother share ON or after ex date. After that will follow the movement of mother. Feel for the people who own the com warrant b4 25/11 & still have it now.

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-12-02 16:05 | Report Abuse

CaoCao, the premium of Puncak's warrant used to be less than 0.10. Even with Puncak trading below 2.00 ex-special dividend, a premium of 0.22 with a maturity date within 2 1/2 years are rather high, well, at least to me (Puncak @ 2.73 and warrant @ 0.95) .

CaoCao

327 posts

Posted by CaoCao > 2015-12-02 16:33 | Report Abuse

yes totally agreed with u Kahhoeng, but there r also many com warrant also trade > than 0.20 to mother price.

kjk85

260 posts

Posted by kjk85 > 2015-12-02 18:29 | Report Abuse

if puncak found the golden goose, then buy its warrant after Ex Date makes sense

amma

23 posts

Posted by amma > 2015-12-03 09:19 | Report Abuse

faster buy...before closing...push 3.30...

titus

4,170 posts

Posted by titus > 2015-12-03 09:54 | Report Abuse

Tomolo D day

money888

430 posts

Posted by money888 > 2015-12-03 11:10 | Report Abuse

useless stock...waste time only...cannot up even with special dividend...selling...there is no point holding a stock that cannot up...even the NTA is high or is cash rich.

titus

4,170 posts

Posted by titus > 2015-12-03 11:27 | Report Abuse

When jobstreet annouce special div, it went limit up. Post special div, price readjust n it went up more. Speechless..

titus

4,170 posts

Posted by titus > 2015-12-03 12:00 | Report Abuse

I hope for the best too but be ready it plunge more after div. Might use the dividend to reinvest into the stock. Hope it is not an act of flushing down money in the toilet bowl. Anyway, my holding is not substantial compare to my overall portfolio.

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-12-03 12:10 | Report Abuse

same feeling, speechless, but decide to hold on, got money back by end of month to reduce my debt ratio anyway, so should be safe... and frankly, with so many false info about Puncak by so called anal-ysts, how could Puncak perform? Take CIMB analyst for example, coming to conclude a 1.81 per share cash ex-special dividend, a far cry from its minimum of 2.55 per share cash ex-special dividend. Despite my email seeking clarification, the analyst has yet to published any updated report on his 'mistake.'

also, analysts are 'concerned' with 9-months losses of 35.5 millions, what they have failed to mention is: Out of 35.5 million losses, 12.1 millions, or 34% of losses, is due to financing cost. Meanwhile, ex-special dividend, Puncak's net cash is over 1.3 billions!

money888

430 posts

Posted by money888 > 2015-12-03 12:12 | Report Abuse

i decided to sell now because i do not want to wait until 23rd Dec to get back the money, while not sure that whether the price will be up or not after today, my guess is most likely wont, seeing that with current "attractive" RM1 dividend, it is still not hiking up. So, what do you expect after today? not anymore catalyst...so...price likely to....
getting it sell now, to free up capital to invest for other stocks is better option for me. :)

money888

430 posts

Posted by money888 > 2015-12-03 12:23 | Report Abuse

thanks Kahhoeng, i have been same like you for this whole year...just holding...which i realize it is more important to realize the profit than holding and hope for higher price...:)

LHKOAY

35 posts

Posted by LHKOAY > 2015-12-03 12:28 | Report Abuse

worse share of the year hmmmm

kjk85

260 posts

Posted by kjk85 > 2015-12-03 15:35 | Report Abuse

they most likely will look for M&A with the assist from someoneyouknow since they have too much cash to spend

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-12-03 17:04 | Report Abuse

M&A or identifying new business venture, guess that would be another 6-12 months

jjchan

7,182 posts

Posted by jjchan > 2015-12-03 20:30 | Report Abuse

Will return back to 2.0 tomolo

jjchan

7,182 posts

Posted by jjchan > 2015-12-03 20:35 | Report Abuse

Rozali has alot of cash by 8 Nov. He will buyback (Top-up) his shares since he nothing else
to do in next 6 months

jjchan

7,182 posts

Posted by jjchan > 2015-12-03 20:43 | Report Abuse

Don't worry about LTH, they will sit on their palms. It is EPF we should hope as a comeback kid.
I am keeping a keen eye on them. Luckily they didn't buy before ex-date so their quota remains
high for Puncak but EPF is a "Goreng Master" so be careful

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-12-03 21:04 | Report Abuse

an excellent news from Puncak:

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4941665

We refer to the Company’s previous announcements dated 17 September 2013 in relation to the Company’s Redeemable Convertible Secured Sukuk Ijarah.

The Board of Directors of PNHB wishes to announce that the Company had on 3 December 2015 fully repurchased all outstanding 5-Year Redeemable Convertible Sukuk Ijarah of RM160.0 million in nominal value (“RCSSI”) of the Company.

The purchase consideration for the RCSSI Repurchase is RM200.0 million only. Following the completion of the RCSSI Repurchase by the Company, the RCSSI had been cancelled accordingly.

For full details of the announcement, please refer to the attached file.

This announcement is dated 3 December 2015.

kfui

23 posts

Posted by kfui > 2015-12-03 21:04 | Report Abuse

Puncak bought back all convertible Sukuk, preventing 80m shares from flooding the market.

jjchan

7,182 posts

Posted by jjchan > 2015-12-03 21:20 | Report Abuse

The show is post Ex-Date (sellers mostly gone). This is what i suspect, big boys already set
things up. Greedy ppl like EPF doesn't want RM1 dividend---They have a plan to make more
money.

Posted by Shadowheartzz > 2015-12-03 21:21 | Report Abuse

do not understand what will happen if they bought back all the RCSI? someone please enlighten me

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-12-03 21:46 | Report Abuse

while net cash in hand will be reduced to about 1.25 billion, given that the warrants are purchased at 200 million while its debt component is only 141.537 million, after special dividend, the net cash per share will rise significantly to RM 2.75! Before ex-dividend, current share price is RM 2.71 but its net cash per share is RM 3.75 before other net asset is considered, what a joke! Hopefully I am right to keep on holding...

Posted by Icomeiseeiconquer > 2015-12-04 00:05 | Report Abuse

Anyone can answer me.. Why puncak use 200m to settle the outstanding 5-Year Redeemable Convertible Sukuk Ijarah of RM160.0 million? 40 m extra paid?

amma

23 posts

Posted by amma > 2015-12-04 08:28 | Report Abuse

rubbish..3.95% only 19m....why pay 40m extra for nothing ?? blardy stupid..

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-12-04 08:48 | Report Abuse

the said sukuk carries a 3.95% interests and convertible into Puncak shares at 2.00 per share, imagine what would happen if the sukuk holders converted those sukuk into Puncak yesterday at 2.00 per share threw them into the market to liquidate the position in Puncak. Also, the sukuk, once converted into shares, are dilutive in nature, given that NTA per share of Puncak is over RM 4.75 before the conversion while the sukuk's value is only RM 2.00 per share

titus

4,170 posts

Posted by titus > 2015-12-04 08:49 | Report Abuse

Price adjusted. Wait for the open bell and see up or down.

pitpit

20 posts

Posted by pitpit > 2015-12-04 09:02 | Report Abuse

really lousy investment tips, someone even sold book to recommend this stock, charging fees from people using juicy title. shame!

Roger123

1,821 posts

Posted by Roger123 > 2015-12-04 09:03 | Report Abuse

W T F ONLY 1.66

Roger123

1,821 posts

Posted by Roger123 > 2015-12-04 09:03 | Report Abuse

Luckily sold all

Posted by Linda Tan Lay Cheng > 2015-12-04 09:06 | Report Abuse

me too,Sold ALL

ckk2266

1,210 posts

Posted by ckk2266 > 2015-12-04 09:08 | Report Abuse

OMG

Roger123

1,821 posts

Posted by Roger123 > 2015-12-04 09:10 | Report Abuse

Well done puncak and hng33

Roger123

1,821 posts

Posted by Roger123 > 2015-12-04 09:11 | Report Abuse

The price even lower so much than before the deal was done, 3.86. Discount 30%

ckk2266

1,210 posts

Posted by ckk2266 > 2015-12-04 09:28 | Report Abuse

Xmas clearance sale....hohoho

sudahkena

1,804 posts

Posted by sudahkena > 2015-12-04 09:29 | Report Abuse

Market sentimen not good. Hope I'm wrong.. but will buy if it go really low

sudahkena

1,804 posts

Posted by sudahkena > 2015-12-04 09:29 | Report Abuse

I also sold all at 2.80-2.85

pitpit

20 posts

Posted by pitpit > 2015-12-04 09:30 | Report Abuse

when their stock picks go up, they tend to magnify how good they are but when the stock turn sour they keep diam diam and pretend nothing happen

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