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

lcwin

326 posts

Posted by lcwin > 2016-03-16 10:02 | Report Abuse

Murali
I am one of the fools who bought a lot at 1.11 to 1.17 so sad....
I hope you see the idea here
kong he fatt chai

kahhoeng

3,950 posts

Posted by kahhoeng > 2016-03-16 10:03 | Report Abuse

after seeing hng33 selling yesterday, thought of selling some today... Then, same problem again, yet to sell, sigh! Wonder when can I have the courage of hng33, to learn to realize profits. Will see how market goes this evening to decide now.

fzank, congratulations!

murali

5,723 posts

Posted by murali > 2016-03-16 10:06 | Report Abuse

Posted by lcwin > Mar 16, 2016 10:02 AM | Report Abuse

Murali
I am one of the fools who bought a lot at 1.11 to 1.17 so sad....
I hope you see the idea here
kong he fatt chai

I didnt say that woh...Speakup was the one....lol

murali

5,723 posts

Posted by murali > 2016-03-16 10:07 | Report Abuse

Posted by speakup > Mar 15, 2016 03:13 PM | Report Abuse

stupid ppl buy @ 1.17
smart ppl buy @ 1.03

Posted by murali > Mar 15, 2016 03:15 PM | Report Abuse X

Stupid or not to buy at 1.17 depends on how high it can go up...

lcwin

326 posts

Posted by lcwin > 2016-03-16 10:12 | Report Abuse

sorry bro just a joke its trending up just put on your seatbelt relax switch off screen and have a beer.

miracledy

252 posts

Posted by miracledy > 2016-03-16 10:16 | Report Abuse

lcwin : wow lcwin must be earning a lot this fly today.......haha

timed

152 posts

Posted by timed > 2016-03-16 10:26 | Report Abuse

so danger now, dunno can go in or not :(

murali

5,723 posts

Posted by murali > 2016-03-16 10:26 | Report Abuse

Took some profit and reduce yr holding cost,or maybe zero cost, then u r in no position to lose....

Lcwin, I like yr story on Puncak. Let's c how it goes

jayv

37 posts

Posted by jayv > 2016-03-16 10:29 | Report Abuse

TP above 1.50.. just go ahead... can grab some below 1.30 :)

Er Ic

18 posts

Posted by Er Ic > 2016-03-16 10:29 | Report Abuse

tp 2.0 gogogogo ..buy in and hold it

lcwin

326 posts

Posted by lcwin > 2016-03-16 10:35 | Report Abuse

You go through what I say before u c the logic behind my position. It is a buy as long as the excessive discount to cash and asset value is there. At $1.80 it still is about half of realizable NTA. Of course we must give a big discount on possible management hanky panky given the huge cah pile!
Even if they curi $500 millions away which could happen NTA per share is still about $3.

timed

152 posts

Posted by timed > 2016-03-16 10:35 | Report Abuse

no moment now :(

murali

5,723 posts

Posted by murali > 2016-03-16 10:41 | Report Abuse

Lcwin, lots of people saw it and they are still suffering from significant paper loss till now...I think lots of people stuck at high price level (Rm1.60-Rm2.20). U have to bet on Rozali's gameplan n timing..u need luck and TA for that

murali

5,723 posts

Posted by murali > 2016-03-16 10:49 | Report Abuse

Rozali's gaji is ard RM15M a year,not cheap...

The major concern is they may pay more for some lousy biz....then u may kiss goodbye to yr cash...

lcwin

326 posts

Posted by lcwin > 2016-03-16 10:51 | Report Abuse

I don't think roh jadi will do anything near term. He is probably having a jolly good time in Khazakstan with his Amno friends there prospecting for oil n women workers. You hold on to your chair eat your biscut if cannot then sell lah HeHeHe
If he want to he will sell down again to squeeze some juice for his foray into Khazakstan. Oh U know girls there are very pretty
.....

SifuKing

81 posts

Posted by SifuKing > 2016-03-16 10:51 | Report Abuse

if before lunch can stay above 1.40 i think today closing at 1.53 limit up price.

Jerry Jerry

1,586 posts

Posted by Jerry Jerry > 2016-03-16 11:00 | Report Abuse

Buy signal....

r°Moi

5,802 posts

Posted by r°Moi > 2016-03-16 11:02 | Report Abuse

With the mood in the country... and kahhoeng complaining from MSWG Bursa to SC... and he is filthy rich already.... think Rozali dont dare dont want to curi curi

r°Moi

5,802 posts

Posted by r°Moi > 2016-03-16 11:06 | Report Abuse

And..... the margin of safety.. net cash per share upto 2.70

r°Moi

5,802 posts

Posted by r°Moi > 2016-03-16 11:08 | Report Abuse

SBB..... at least upto 1.90...

murali

5,723 posts

Posted by murali > 2016-03-16 11:09 | Report Abuse

Posted by r°Moi > Mar 16, 2016 11:06 AM | Report Abuse

And..... the margin of safety.. net cash per share upto 2.70

That's the main reason why lots of people are stuck in Puncak (from Rm2.20 to Rm1.00+)...

murali

5,723 posts

Posted by murali > 2016-03-16 11:10 | Report Abuse

I bet this axxhole wouldnt let u all escape so easily...

r°Moi

5,802 posts

Posted by r°Moi > 2016-03-16 11:13 | Report Abuse

Murali... let's see... kahhoeng is all ready to bang table in the AGM already

sell

2,456 posts

Posted by sell > 2016-03-16 11:13 | Report Abuse

True. So far no announcement at all except loss making QR. A trap?

Posted by murali > Mar 16, 2016 11:08 AM | Report Abuse
That's the main reason why lots of people are stuck in Puncak (from Rm2.20 to Rm1.00+)...

lcwin

326 posts

Posted by lcwin > 2016-03-16 11:14 | Report Abuse

Creative accounting my friend. Buy Maggi mee at $5 per pack. Special edition one. Pump in another company with Khaz massaged assets and cashflow for $600 millions. Buy some rubbish oil drilling rigs for $300 millions supported by long term lease to arab etc. All the SC MACC institution is to white wash the elites sins.
don't be too comfortable holding this stock with Buayas in control.
Lots of discount to stock price is the way to go...Run if u don't feel good.

r°Moi

5,802 posts

Posted by r°Moi > 2016-03-16 11:19 | Report Abuse

Kahhoeng remain angry...keep angry... aim it at Rozali...if he date to curi curi

murali

5,723 posts

Posted by murali > 2016-03-16 11:21 | Report Abuse

Let me know if Kahhoeng needs any sponsorship for rotten eggs when he attend the AGM later...

r°Moi

5,802 posts

Posted by r°Moi > 2016-03-16 11:25 | Report Abuse

Yes.. ok.. anything below 1.70... your rotten eggs will come in handy

r°Moi

5,802 posts

Posted by r°Moi > 2016-03-16 11:27 | Report Abuse

Kahhoeng.. you cannot let Rozali curi curi... no accountability.. yes keep angry.. remain angry.. turn it into energy

kennyng

98 posts

Posted by kennyng > 2016-03-16 11:48 | Report Abuse

Rozali want to privatisation soon. now is good time to do it.

Posted by Lew Peik Yin > 2016-03-16 11:52 | Report Abuse

Karheong!!!! Hold tight tight for ur 1.03 share!!!!

Roger123

1,821 posts

Posted by Roger123 > 2016-03-16 12:12 | Report Abuse

almost sold alll

Roger123

1,821 posts

Posted by Roger123 > 2016-03-16 12:12 | Report Abuse

handsome profit. Hahaha

rosepetal

79 posts

Posted by rosepetal > 2016-03-16 13:47 | Report Abuse

after lunch... Puncak go up somemore?

Posted by Michael Teng > 2016-03-16 14:14 | Report Abuse

http://www.theedgemarkets.com/my/article/puncak-niaga-rises-high-1525-sparking-speculation-next-moveThe group’s cash and bank balances in FY15 stood at RM378.55 million, while loans and borrowings stood at RM39.2 million. Nett cash/shares works out to $0.75 only ?

Xinquan

83 posts

Posted by Xinquan > 2016-03-16 14:21 | Report Abuse

Con company. Why cannot give more dividend? Rozali waiting to sapu all cash?

speakup

27,076 posts

Posted by speakup > 2016-03-16 14:28 | Report Abuse

no wonder drop from 1.35. all sell sell sell when news out.

smartly

6,442 posts

Posted by smartly > 2016-03-16 14:35 | Report Abuse

why net cash/share so little ?

speakup

27,076 posts

Posted by speakup > 2016-03-16 14:36 | Report Abuse

that's why drop from high 1.36

SifuKing

81 posts

Posted by SifuKing > 2016-03-16 15:08 | Report Abuse

penile erection again!

kahhoeng

3,950 posts

Posted by kahhoeng > 2016-03-16 15:08 | Report Abuse

Misleading by purposely omitting the short term investment of close to 1 billion, wordless...

Xinquan

83 posts

Posted by Xinquan > 2016-03-16 15:09 | Report Abuse

Loss making is true. Wait 75 sen safer.

Posted by speaking_up > 2016-03-16 15:11 | Report Abuse

Run before gain gone.

CK888

45 posts

Posted by CK888 > 2016-03-16 15:15 | Report Abuse

Why you wait to pay 75 sen?. why not wait till they give you free shares better?

speakup

27,076 posts

Posted by speakup > 2016-03-16 15:18 | Report Abuse

look like GAME OVER!

babu

326 posts

Posted by babu > 2016-03-16 15:23 | Report Abuse

The cash and cash equivalents of RM 378,549 as at 31 Dec 2015 does not include the following :

"Short-terminvestmentoftheGroupandoftheCompanyamountedtoRM922,146,000(31.12.2014:RM10,269,000)whichiscarriedat fair value is categorised under Level 2 of the fair value hierarchy...... "

Alamak ! cannot anyhow say net cash/share is so little and cause harm to innocent/uninformed people.
Please do your own simple maths first :) and not just pick out one sentence in The Edge report !

babu

326 posts

Posted by babu > 2016-03-16 15:28 | Report Abuse

That's why I always dislike reading second hand reports from The Edge because this kind of sentence (reproduced here for all to read) while seemingly innocuous and factual is in fact very misleading, potentially harmful and toxic when requited by people with unkind agendas :

"The group’s cash and bank balances in FY15 stood at RM378.55 million, while loans and borrowings stood at RM39.2 million."

babu

326 posts

Posted by babu > 2016-03-16 15:29 | Report Abuse

That's why I always dislike reading second hand reports from The Edge because this kind of sentence (reproduced here for all to read) while seemingly innocuous and factual is in fact very misleading, potentially harmful and toxic when "repeated" by people with unkind agendas :

"The group’s cash and bank balances in FY15 stood at RM378.55 million, while loans and borrowings stood at RM39.2 million."

Posted by speaking_up > 2016-03-16 15:35 | Report Abuse

Puncak no more business after selling water business. 75 sen is safer entry.

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