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

r°Moi

5,802 posts

Posted by r°Moi > 2016-01-28 14:37 | Report Abuse

Oh.... ya.... some say beli... mati

babu

326 posts

Posted by babu > 2016-01-28 15:06 | Report Abuse

@speakup, you seem to be cocksure regarding Tan Sri Rozali "ill intentions" to privatize Puncak and thereby rip off all the poor little minority shareholders..... sigh ! I hope this is no more than just a figment of your imagination; otherwise poor me will feel truly aggrieved ! Just real solid cash alone in the books is around RM2.70 per share .... this would be daylight robbery if it can get past the due process for privatization. Do you think there are no minority shareholders' protection in Malaysia ?

speakup

27,076 posts

Posted by speakup > 2016-01-28 15:09 | Report Abuse

babu, privatisation is the only logical explanation for the huge selldown.

speakup

27,076 posts

Posted by speakup > 2016-01-28 15:13 | Report Abuse

yes, cash maybe RM2.70/share, but that is not your money, it is the company's money.
even if a company has RM5/share or RM10/share, if it doesn't share it with you, it is also no point however much money it has.

babu

326 posts

Posted by babu > 2016-01-28 15:34 | Report Abuse

@speakup, veteran or not I still think the rule of natural justice must prevail ..... we are not a lawless country and I have faith in ...... sigh, how to say it huh ???

Posted by angelinaloke > 2016-01-28 15:49 | Report Abuse

hng33 congrats

hng33

20,474 posts

Posted by hng33 > 2016-01-28 15:50 | Report Abuse

Sold back Puncak at 1.12-1.15

Posted by Lew Peik Yin > 2016-01-28 15:53 | Report Abuse

Hng123! U r so talent

money888

430 posts

Posted by money888 > 2016-01-28 15:56 | Report Abuse

babu...you still have faith with this country with najib case? we have "law" on paper...but it is lawless in fact...

Roger123

1,821 posts

Posted by Roger123 > 2016-01-28 16:31 | Report Abuse

Hahahaha. U r so talent. U sold i Bought

r°Moi

5,802 posts

Posted by r°Moi > 2016-01-28 16:35 | Report Abuse

Dont discount the possibility... announcement from Tabung Haji... that it has sold rather non voluntorily.... due to Shariah thingy... Muslim want to do haji.... no reserve already... number of shares to sell still many...

r°Moi

5,802 posts

Posted by r°Moi > 2016-01-28 16:43 | Report Abuse

hng333... the most steady... thought you earlier cut loss sold already... as cut loss is better than average down is your theory... ; )

speakup

27,076 posts

Posted by speakup > 2016-01-28 16:44 | Report Abuse

r°Moi, that possibility is NOT a possibility at these low prices.

r°Moi

5,802 posts

Posted by r°Moi > 2016-01-28 16:47 | Report Abuse

Even non voluntorily??

It is not like Tabung Haji.... can sell TH Heavy....

hng33

20,474 posts

Posted by hng33 > 2016-01-28 17:27 | Report Abuse

r°Moi

hahaha, short term i trade contra and realize gain to indirectly lowering my previous average cost at 1.247, which i intend to keep and hold for longer term :D)

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

Posted by Supertonic000 > 2016-01-28 17:40 | Report Abuse

Finally rebounded sikit...lama lama jadi bukit

r°Moi

5,802 posts

Posted by r°Moi > 2016-01-28 17:51 | Report Abuse

OIC

kahhoeng

3,950 posts

Posted by kahhoeng > 2016-01-28 21:22 | Report Abuse

hng33, you are geng geng geng! Congratulations!

hng33

20,474 posts

Posted by hng33 > 2016-01-29 09:14 | Report Abuse

kahhoeng

Puncak now is in the midst of recovery :D)

money888

430 posts

Posted by money888 > 2016-01-29 09:27 | Report Abuse

speakup...ppl believe the privatisation story...:)

speakup

27,076 posts

Posted by speakup > 2016-01-29 09:32 | Report Abuse

it's not a story. it's an analysis.

speakup

27,076 posts

Posted by speakup > 2016-01-29 09:36 | Report Abuse

to make money in the market u must think outside the box.
put yourself in the major shareholders' shoes and ask: HOW CAN YOU MAXIMIZE YOUR INVESTMENT?

answer: privatise at low PE (now only 2) and relist at high PE (after securing new biz)

Roger123

1,821 posts

Posted by Roger123 > 2016-01-29 10:02 | Report Abuse

Time for me. Lalalala

Roger123

1,821 posts

Posted by Roger123 > 2016-01-29 10:27 | Report Abuse

Yummy

speakup

27,076 posts

Posted by speakup > 2016-01-29 10:27 | Report Abuse

Roger u the man!

Roger123

1,821 posts

Posted by Roger123 > 2016-01-29 10:28 | Report Abuse

Strong selling...........

Roger123

1,821 posts

Posted by Roger123 > 2016-01-29 10:28 | Report Abuse

But... Let do it

Roger123

1,821 posts

Posted by Roger123 > 2016-01-29 10:31 | Report Abuse

plz sell me 1.14

speakup

27,076 posts

Posted by speakup > 2016-01-29 11:22 | Report Abuse

if privatisation is on, it wont go up much coz major shareholders want to privatise cheap (not expensive).

hng33

20,474 posts

Posted by hng33 > 2016-01-29 11:26 | Report Abuse

speakup

If you wan higher profit margin, go to wct and all its warrant hahaha

Roger123

1,821 posts

Posted by Roger123 > 2016-01-29 11:32 | Report Abuse

Bought all

Roger123

1,821 posts

Posted by Roger123 > 2016-01-29 11:33 | Report Abuse

Too strong the selling

speakup

27,076 posts

Posted by speakup > 2016-01-29 11:35 | Report Abuse

major shareholders suppressing the price, keep it low for privatisation. a good sign.

Roger123

1,821 posts

Posted by Roger123 > 2016-01-29 11:36 | Report Abuse

Not so easy to privatise

Roger123

1,821 posts

Posted by Roger123 > 2016-01-29 11:36 | Report Abuse

Lalala

Posted by Lew Peik Yin > 2016-01-29 11:38 | Report Abuse

Roger u keat lol

r°Moi

5,802 posts

Posted by r°Moi > 2016-01-29 14:00 | Report Abuse

Everybody...... including Roger... and Rozali too are in the blur....

jjchan

7,182 posts

Posted by jjchan > 2016-01-29 15:06 | Report Abuse

Roger is as blind as a Bat but he got a blabberMouth

Roger123

1,821 posts

Posted by Roger123 > 2016-01-29 16:37 | Report Abuse

Keep buying but... Too strong selling. Someone keep q at 1.14

Roger123

1,821 posts

Posted by Roger123 > 2016-01-29 16:39 | Report Abuse

Too bad, I have use 50% of my fund

r°Moi

5,802 posts

Posted by r°Moi > 2016-01-29 16:53 | Report Abuse

50% all on Puncak??

stkoay

6,510 posts

Posted by stkoay > 2016-01-29 17:14 | Report Abuse

After Roger bought, market up 33, this one still down......haha.

hng33

20,474 posts

Posted by hng33 > 2016-01-29 17:17 | Report Abuse

stkoay

hahaha, these is call backfire lollllll

kahhoeng

3,950 posts

Posted by kahhoeng > 2016-01-29 17:28 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4989897

Puncak wishes to announce that its wholly-owned subsidiary, Puncak Niaga Construction Sdn Bhd (“PNCSB”) had recently secured the tender called by Jabatan Bekalan Air, Kementerian Tenaga, Teknologi Hijau dan Air (KeTTHA) for the operation and maintenance of a water treatment plant in Beaufort, Sabah (“Project”) as follows:-

Name of Project : Kerja-Kerja Operasi dan Penyelenggaraan Secara Komprehensif Loji Rawatan Air di Kampung Lawa Gadong, Beaufort, Sabah

Employer : Jabatan Bekalan Air, Kementerian Tenaga, Teknologi Hijau dan Air (KeTTHA)

Duration : Three (3) years from 1 February 2016 to 31 January 2019

Scope of works : To operate and maintain the water treatment facilities with a total design capacity of 76 MLD at Kampung Lawa Gadong, Beaufort, for bulk water supply to Labuan.

Other terms : As privately agreed with the Employer.

The Contract Document for the Project will be signed between the Parties in due course.

This announcement is dated 29 January 2016.

hng33

20,474 posts

Posted by hng33 > 2016-01-29 17:32 | Report Abuse

Yes, finally, after Puncak sold water assert in Selangor, now, Puncak secure back water project in Sabah

Harold Huong

1,036 posts

Posted by Harold Huong > 2016-01-29 17:36 | Report Abuse

In Beaufort...adui

speakup

27,076 posts

Posted by speakup > 2016-01-29 17:37 | Report Abuse

HA HA. and some people said I was the one make it up coz mentioned my reasons for privatisation. I not that powerful.

samsoongyc

732 posts

Posted by samsoongyc > 2016-01-29 17:50 | Report Abuse

Bro if every big boss can GO by giving pittance nobody will touch stockmarket

r°Moi

5,802 posts

Posted by r°Moi > 2016-01-29 18:46 | Report Abuse

.....the operation and maintenance of a water treatment plant

This does not look capital intensive.... one more round of special dividend....

r°Moi

5,802 posts

Posted by r°Moi > 2016-01-29 18:48 | Report Abuse

I still think LTH has a hand.... but still no news....

Anyway.... the drastic drop recently... is due to big sharks pressed down to collect??

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