steveooikp it seems not myself only. ks55 want it down the most.
Posted by ks55 > Dec 20, 2016 10:00 PM | Report Abuse At 50 sen, Puncak is a good trading stock. If drop some more, you buy more. If up to 60 sen, you sell and make 20%. Is it fair pricing? Just forget about NTA. NTA won't help if Directors are not trustworthy..........
Posted by steveooikp > Dec 20, 2016 07:20 AM | Report Abuse why rogers123, voon1900, sell..... all want puncak to down leh?
Be Cautious! Puncak's operation has not turnarounded even though reported huge losses in last Qtr. Puncak is expected to continue suffering at least 30 million in upcoming QR due losses for disposal of China water assets and luxury remuneration of the management.
then sell to puncak lor.... puncak current logo can maintain, only alter a bit.... if puncak now do construction, then whole logo has to change lor....
Concession assets are alike water business...water dropping non stop from the taps during the concession period. I would buy Puncak when the deal is approved by minorities.
I am wondering if, with a current market capitalization of less than 450 million, minority shareholders of Puncak have been bullied to sell by quarter after quarter of losses despite still holding 1.1 billion cash and a falling share price masterminded by somebody?
Rozali is very very happy to see Puncak share price keeps hitting lower. He is not interested to use piggy bank to support even a single lot of the share.
I advised investors to sell everything in late 2014 and take a break bcos the the bull was old and tired (market rallied after sub prime in 2008). Those who acted must be having a very relax and stress free time.....and also holding on to the big profit......
.....the range of indicative value for the entire equity interest of TRIplc of between RM191.53 million and RM230.31 million, as appraised by FHMH Corporate Advisory Sdn Bhd (“FHCA”), an independent valuer,
Small discount only...... and it is for an unlisted private TRIplc
Price now... 0.90 only....
Also...... no fresh buying by Lembaga Tabung Haji
Stupid RPT... just to siphon out money... just to bail out himself only......
steveooikp, I will vote NO and seek either special dividend or cash out option for minority shareholders. If not successful, I can only pray hard hard Rozali getting juicy projects for Puncak so I can still sell between 2.30 and 2.80. Of course, knowing well when saying this, firehawk will come up and wonk wonk wonk... just wonder, why hasn't he answered my questions?
i don come to this forum often and answer the question of expert ... expert think talk, talk, talk ... then can win, let it be, after all, he is expert in rhetoric ....
i'm busy in other counters too, i think, some of the ppl here know that. not like expert concentrate in this ctr, can always come here, talk, talk, talk ... and win!
firehawk... osk also dropped everyday... I bot 153 and now left 1.41...... osk only worth 1.41 with 0.29 of rhb shares.... pjd and oskprop not worth a single sen? pjd is a profitable property stable firm... see the QR....
steve, nowadays many ctrs drop, some more, market price is an art not a science ... but some ctrs can come back, some cannot, this make a great different!
i.e. one of the ctrs i trade all the while is MPI, many year ago, i bot @5.XX, it raised to 7.XX, i sold and bot back @5.XX, but it drop to @2.XX, this year, it rose to >10.00 ... i won't afraid holding this ctr, even it drops to 2.XX ... u will know what i mean, if u know who is behind this ctr ... a person know how to do business!
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
hng33
20,469 posts
Posted by hng33 > 2016-12-20 21:05 | Report Abuse
I am now heading to airport for overseas year end holiday, will be back next year. Happy holiday