Posted by Roger123 > 2016-01-27 11:11 | Report Abuse

hng: Wooo, everytime also last average

Posted by hng33 > 2016-01-27 11:12 | Report Abuse

Sold back at 1.08-1.09 for intra day gain first

Posted by Roger123 > 2016-01-27 11:25 | Report Abuse

Hahaha... so funny

Posted by r°Moi > 2016-01-27 11:43 | Report Abuse

The price is like factoring..... Rozali... buying TH Heavy... from Lembaga Tabung Haji.... ; )

Posted by r°Moi > 2016-01-27 11:53 | Report Abuse

Roger123... can buying any other company.. be as heavy.. as buying TH Heavy.... from Lembaga Tabung Haji??

Posted by r°Moi > 2016-01-27 11:58 | Report Abuse

Roger123... is buying your mysterious company.. be as heavy.. as buying TH Heavy.... from Lembaga Tabung Haji??

Posted by kahhoeng > 2016-01-27 12:00 | Report Abuse

TH Heavy market cap only RM 162.6 millions... and its share price is not rising as if there is a takeover offer

Posted by r°Moi > 2016-01-27 12:05 | Report Abuse

Roger123... is buying your mysterious company.. be as heavy.. as buying TH Heavy.... from Lembaga Tabung Haji??

Posted by jjchan > 2016-01-27 15:11 | Report Abuse

Nothing close. Just Chinese Herb

Posted by hng33 > 2016-01-27 15:40 | Report Abuse

Sold more Puncak at 1.10, cut loss first

Posted by hng33 > 2016-01-27 15:49 | Report Abuse

Bought back some at 1.08 for contra gain again

Posted by Roger123 > 2016-01-27 16:11 | Report Abuse

Salute hng skill....................Hahaha Damn funny skill

Posted by Roger123 > 2016-01-27 16:11 | Report Abuse

Wasting time

Posted by hng33 > 2016-01-27 16:21 | Report Abuse

hahaha, contra trade still better than keep average down :D)

Posted by speakup > 2016-01-27 16:39 | Report Abuse

high chance will be privatised. IBs should be knocking on puncak's doors.

Posted by speakup > 2016-01-27 16:43 | Report Abuse

the signs are there. so clear. puncak's share price pushed down to enable major shareholders to privatise. then they will use the money to buy some assets, then relist puncak. this way major shareholders will make $$$ two rounds.

Posted by hng33 > 2016-01-27 16:52 | Report Abuse

Bought back more Puncak at 1.08

Posted by speakup > 2016-01-27 17:00 | Report Abuse

assuming now 1.10, a good privatisation premium would be 20-30% (to make it look generous), which should put it at 1.32-1.43.

Posted by hng33 > 2016-01-27 17:18 | Report Abuse

Long term hold for its attractive cash value + new business + potential privatized.......short term trade for contra by capitalize its share volatility

Posted by angelinaloke > 2016-01-27 17:21 | Report Abuse

Hng33 , saw your post everywhere like parkson, wct and now puncak..

Posted by kahhoeng > 2016-01-27 18:22 | Report Abuse

speakup, unless Puncak never report or submit quarter report/annual report. Otherwise, by the latest end of Feb, shareholders who read report will realize for sure if Puncak is holding at least 2.70 +/- 0.10 per share. Once people know it, do you think its possible to offer shareholders takeover at 1.32-1.43?!? I can't rule out the possibility of acquiring garbage companies, but would have difficulties believing it, unless the garbage companies are owned by Rozali himself. But then, Rozali is not allowed to vote for the acquisition. Headache!

Posted by nnmm > 2016-01-27 20:52 | Report Abuse

a good example will be Imagi International Holdins Limited , listed in HKEX under stock code 585. Look at what happen to this co after they sold their Christmas tree business. Tons on cash initially , but in end nearly...

Posted by ivan9511 > 2016-01-28 00:24 | Report Abuse

this counter still got hope, can up in the futuere ?

Posted by Angielim9955 > 2016-01-28 00:34 | Report Abuse

hng33 : do you hold this counter,
I just bounght at 1.09 do you can hold for long term or sell when downtrend ?

Any advise for this counter.
Thanks Puncak team memebers

Posted by r°Moi > 2016-01-28 08:15 | Report Abuse

Still no news......


4 Weeks Range: 1.06 - 1.56...... Down 32%


Retailers alone cannot cause this kind damage.....


Selling like not over....

Posted by speakup > 2016-01-28 09:34 | Report Abuse

r°Moi, it is INTENTIONALLY pushed down! Ask yourself:
1. why no share buy back?
2. why major shareholders not supporting?

ANSWER: major shareholders want to privatise it cheap!

Posted by money888 > 2016-01-28 09:37 | Report Abuse

agree with speakup...in that way, the major shareholder get most benefit from the cash pile from water sales...
question is, how cheap they want to push the price down?

Posted by speakup > 2016-01-28 09:45 | Report Abuse

Look at it this way,
Now at 1.07, if major shareholder offer to privatise at 20-30% premium (looks very generous and attractive), they will be forking out only about 1/2 the net cash of the company. Essentially they will own double of their privatisation investment!
After it is privatised, they will give themselves back their initial investment. Then the remaining money will be used to buy some assets (likely O&G, plantation or construction), and then they will re-list back in bursa, at a high PE ratio.

WALLA! Buta-money!

Posted by speakup > 2016-01-28 09:51 | Report Abuse

And to get existing major shareholders EPF and Tabung Haji to agree to their privatisation plan is very easy. EPF & Tabung Haji will be offered to become pre-IPO investors. That way EPF and Tabung Haji will also reap big gains from the re-listing of Puncak after privatisation.

WALLA!

Posted by speakup > 2016-01-28 09:54 | Report Abuse

So the selldown of Puncak serves 2 purposes:
#1. to enable major shareholders to privatise cheaply (primary purpose)
#2. to washout weak holders (side effect)

Posted by speakup > 2016-01-28 10:00 | Report Abuse

And the weak market has certainly worked to the advantage of the major shareholders. It has allowed them to privatise at a ridiculously low price!

Posted by samsoongyc > 2016-01-28 10:04 | Report Abuse

In the process get cursed for nothing wouldn't succeed like OSK !!!

Posted by speakup > 2016-01-28 10:04 | Report Abuse

One fine day in the not too distant future, you will see Puncak suspended...... for privatisation announcement.

MARK MY WORDS!

Posted by speakup > 2016-01-28 10:07 | Report Abuse

It will succeed! That is why the need to PUSH DOWN the share price. They push it very low, so that they can offer a 20-30% premium to make it look attractive, a generous offer (from the current price)!

Posted by speakup > 2016-01-28 10:09 | Report Abuse

To conclude:
PRIVATISATION is inevitable! "INEVITABLE"!!!

The only question is WHEN? AT WHAT PRICE?

Posted by babu > 2016-01-28 11:05 | Report Abuse

I agree with you that something smells fishy here; unfortunately I can't quite place what it is !!! :(
Obviously, the price behavior since the conclusion of the water asset disposal and the promised RM1.00 special dividend was paid out simply defies logic ..... but to ascribe all these baffling transactions to Tan Sri Rozali is even more illogical ! To suggest a conspirational "privatization plan" by Tan Sri Rozali and other major shareholders is an insult to their integity and intelligence . Tan Sri Rozali is no fool, just do the maths of the major shareholding % structure and you will see for yourselves whether it is "doable' ! As I mentioned before, major shareholders and their interested parties must declare their transaction - so far, there is none .... zero !!!

Posted by r°Moi > 2016-01-28 11:10 | Report Abuse

Emmmmm......

The most sinister of them all..... is the one called Selected Capital Repayment..... where small ikan bilis are the selected ones.... to be paid off with the company's money... with the company's money... really rub it in.. this one

But with LTH and EPF around... is it likely to be successful?

Posted by speakup > 2016-01-28 11:25 | Report Abuse

babu, it seems u are not a veteran in the market.

What I know: PRIVATISATION IS INEVITABLE!
What I dont know: privatise when? privatise at what price?

Posted by Edward Wong > 2016-01-28 11:29 | Report Abuse

Dear speakup,how this privatization process eventually if successfully done, will affect the small share holders(in market) of Puncak ?

Posted by r°Moi > 2016-01-28 11:35 | Report Abuse

Bloody pushing the price down from about 2.00 to 1.0x now..... and causing Kahoeng wrenching pain.... in such short time... for doing privatisation..... is kinda bloody too glaring isnt it???

Posted by speakup > 2016-01-28 11:36 | Report Abuse

Small share holders are just crumbs to the major shareholders. Some will make money, some will lose money, depends on their entry price.

The important thing is to get the major shareholders to collectively agree on privatisation. EPF and Tabung Haji can be persuaded by promising them to become pre-IPO investors before the future relisting after securing new bis.

Posted by speakup > 2016-01-28 11:37 | Report Abuse

r°Moi, business is cut-throat. remember that.

Posted by r°Moi > 2016-01-28 11:40 | Report Abuse

Normally... if want to privatise.... the company will be left to linger in a state of half dead... for awhile

This case is kinda too quick........

If it is gonna be so glaring... with total disregard on ikan bilis feeling... then it is likely... and why not push the price way down to 0.80.........??

Posted by speakup > 2016-01-28 11:40 | Report Abuse

business is business. it's a dog eat dog world out there. so dont even EXPECT privatisation at rm2+. At best case, based on 'current' prices, i would expect a 20-30% "sweetener" (just to make it look attractive, generous)

Posted by speakup > 2016-01-28 11:54 | Report Abuse

remember :
BEST time to privatise: in a BEAR market (like one we are in now)
BEST time to list: in a BULL market

Posted by r°Moi > 2016-01-28 12:02 | Report Abuse

; (

Posted by paperplane2016 > 2016-01-28 12:34 | Report Abuse

from 1.60 all way down to RM1. Why?

Posted by speakup > 2016-01-28 14:19 | Report Abuse

paperplane2016 pls read my recent posts to get answer to your question.

Posted by r°Moi > 2016-01-28 14:22 | Report Abuse

A buying opportunity........

Problem is that it is dropping like crazy..... so cant tell how crazy it may be.... some say eighty... some say as low as sixty...

Posted by speakup > 2016-01-28 14:35 | Report Abuse

as I said, I know it will be privatised. I only dont know WHEN and HOW MUCH.