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

mwong3

221 posts

Posted by mwong3 > 2016-04-07 22:25 | Report Abuse

Puncak(6807)
Chart Pattern showed symmetrical triangle formation is under development, it is typical wave 4 consolidation and also very health bullish consolidation signature, As of now it is still trading within the triangle and I am anticipate breakout just around the corner !!! triangle breakout target will be $1.58.
- See more at:

Jack Hooi

165 posts

Posted by Jack Hooi > 2016-04-08 00:08 | Report Abuse

see more at?

Steven Ng

42 posts

Posted by Steven Ng > 2016-04-08 08:44 | Report Abuse

haha

speakup

27,075 posts

Posted by speakup > 2016-04-08 10:34 | Report Abuse

already said DONT BUY!

Posted by Edward Wong > 2016-04-08 13:12 | Report Abuse

Steven Ng--It is within the Shaun Loong(24.3.16,latest head line)as above on this page report analysis mentioned this short Term Investment...

Posted by Edward Wong > 2016-04-08 13:14 | Report Abuse

Speak up---pls show your view why do not buy...?

speakup

27,075 posts

Posted by speakup > 2016-04-08 14:44 | Report Abuse

Edward Wong, u newbie? Just look at the CHART lar! Puncak is in resistance level! Every TA sifu will tell u DONT BUY AT RESISTANCE!

Posted by Edward Wong > 2016-04-08 17:04 | Report Abuse

Thk u speakup.

kahhoeng

3,950 posts

Posted by kahhoeng > 2016-04-08 17:25 | Report Abuse

if funds buy, then its symmetrical triangle, if no funds buying then its resistance lah... aiyo, to me, technical are after fact!

Roger123

1,821 posts

Posted by Roger123 > 2016-04-09 08:56 | Report Abuse

Hahahaha. Very funny

speakup

27,075 posts

Posted by speakup > 2016-04-09 13:43 | Report Abuse

Edward Wong, teach u something about TA..... IF puncak "close" 1.45 or higher, u CLOSE YOUR EYE AND BUY BUY BUY PUNCAK.
OK?

Posted by Edward Wong > 2016-04-09 22:19 | Report Abuse

Technically u r right Speak up.Roger123--any inside news so far?

Steven Ng

42 posts

Posted by Steven Ng > 2016-04-10 23:34 | Report Abuse

buy n keep...will have surprise soon...be patient..

Jack Hooi

165 posts

Posted by Jack Hooi > 2016-04-10 23:58 | Report Abuse

Steven ng, So confident? haha

mwong3

221 posts

Posted by mwong3 > 2016-04-11 11:17 | Report Abuse

Puncak had announcement this week... good enough to move this stock

Jack Hooi

165 posts

Posted by Jack Hooi > 2016-04-11 11:31 | Report Abuse

mwong3 mind to share? hehe

r°Moi

5,802 posts

Posted by r°Moi > 2016-04-11 11:51 | Report Abuse

Likely.. announce intention to SBB...

r°Moi

5,802 posts

Posted by r°Moi > 2016-04-11 11:53 | Report Abuse

Of course better still if announce on new business activities..

mhchai

589 posts

Posted by mhchai > 2016-04-11 11:55 | Report Abuse

What is SBB ?

special

22 posts

Posted by special > 2016-04-11 12:07 | Report Abuse

I think SBB = Share buy back?

Jerry Yip

2,218 posts

Posted by Jerry Yip > 2016-04-11 12:08 | Report Abuse

Good

mhchai

589 posts

Posted by mhchai > 2016-04-11 12:35 | Report Abuse

Special dividend better

Jack Hooi

165 posts

Posted by Jack Hooi > 2016-04-11 13:55 | Report Abuse

SBB is better

cheated

1,001 posts

Posted by cheated > 2016-04-11 15:17 | Report Abuse

Why i3 become so lousy? Actually no announcement at all except Puncak loss QR so far.

Steven Ng

42 posts

Posted by Steven Ng > 2016-04-11 16:01 | Report Abuse

where u get the announcement?

Posted by chiongster1234 > 2016-04-12 15:17 | Report Abuse

:)

alibabacoming

3,466 posts

Posted by alibabacoming > 2016-04-12 15:20 | Report Abuse

anjoo

speakup

27,075 posts

Posted by speakup > 2016-04-12 15:56 | Report Abuse

anybody noticed Puncak chart formation is a Pennant. Based on TA, if Puncak breaks-out of this Pennant formation, the target price is RM1.85!

Jack Hooi

165 posts

Posted by Jack Hooi > 2016-04-12 17:27 | Report Abuse

Speak up, what is TA?

speakup

27,075 posts

Posted by speakup > 2016-04-13 07:34 | Report Abuse

Technical Analysis

Jack Hooi

165 posts

Posted by Jack Hooi > 2016-04-13 09:07 | Report Abuse

Thx

whitesheep

393 posts

Posted by whitesheep > 2016-04-15 11:15 | Report Abuse

when is next break up ?

firehawk

4,783 posts

Posted by firehawk > 2016-04-16 00:07 | Report Abuse

horizontal flat line ......

timing

726 posts

Posted by timing > 2016-04-18 13:01 | Report Abuse

panic selling!

speakup

27,075 posts

Posted by speakup > 2016-04-18 13:44 | Report Abuse

GAME OVER!
RUN FOR YOUR LIVES!!!!!

Roger123

1,821 posts

Posted by Roger123 > 2016-04-18 16:56 | Report Abuse

Gogogogog puncak

Posted by Edward Wong > 2016-04-18 17:01 | Report Abuse

support at 1.33.

Jack Hooi

165 posts

Posted by Jack Hooi > 2016-04-18 19:20 | Report Abuse

Ahhh Heart Attack

Jack Hooi

165 posts

Posted by Jack Hooi > 2016-04-18 19:50 | Report Abuse

anybody can explain the news?

r°Moi

5,802 posts

Posted by r°Moi > 2016-04-18 19:54 | Report Abuse

Announcing RPT with insufficient detail.... stigma x 2

sell

2,456 posts

Posted by sell > 2016-04-18 21:21 | Report Abuse

Agree. Fast fast sell RM 1 coming.

Posted by speakup > Apr 18, 2016 01:44 PM | Report Abuse
GAME OVER!
RUN FOR YOUR LIVES!!!!!

kahhoeng

3,950 posts

Posted by kahhoeng > 2016-04-19 00:38 | Report Abuse

given that Rozali's the boss of both companies, if I were not wrong, he can't vote to agree or disagree on the acquisition. Meanwhile, both TRIPLC and Puncak are trading below their NTA. If the purpose is to merge both companies so TRIPLC can tap on Puncak's cash to get government projects, it would not be so bad (since Rozali's ownership in TRIPLC is only 27%)

In addition, TRIPLC is so much smaller than Puncak with a market cap that's less than 100 millions and NA of less than 160 millions

Posted by Edward Wong > 2016-04-19 03:22 | Report Abuse

very confusing by the little informative news...

r°Moi

5,802 posts

Posted by r°Moi > 2016-04-19 07:39 | Report Abuse

Think this is not "it"...

Think this is not "it"... but likely a small transaction that will involve only a tiny fraction of the available billion

r°Moi

5,802 posts

Posted by r°Moi > 2016-04-19 07:42 | Report Abuse

Think Rozali is trying to buy expertise...

A RPT.... but ought to be transparency.... as the other side is also a PLC

kahhoeng

3,950 posts

Posted by kahhoeng > 2016-04-19 08:59 | Report Abuse

Quite frankly, given share price, I would rather an cash out option at around RM 2.70 clause made available to us small shareholders when a buyout of TRIPLC needs shareholders' approval!

IanQ

121 posts

Posted by IanQ > 2016-04-19 09:27 | Report Abuse

Triplc bhd is a very small firm with total outstanding shares of just 66.X mio shares. This purchase is not big enough to warrant worry.

speakup

27,075 posts

Posted by speakup > 2016-04-19 09:48 | Report Abuse

TRIPLC market cap only RM96mil. Puncak only need 10% of its cash to buy TRIPLC.....the other 90% return to shareholders as another special dividend?

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