PUNCAK NIAGA HOLDINGS BHD

KLSE (MYR): PUNCAK (6807)

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Last Price

0.25

Today's Change

+0.02 (8.70%)

Day's Change

0.25 - 0.26

Trading Volume

191,800


24 people like this.

24,497 comment(s). Last comment by NRahmat 2 hours ago

fzank

1,537 posts

Posted by fzank > 2017-01-05 11:51 | Report Abuse

kaheong kor-kor, i only have 20 lots average 1.20++ , i think RZL would not care about my opinion whether i protest or not at the egm ... unless kaheong kor-kor you have more of puncak shares or otherwise our fight will be futile ...

fzank

1,537 posts

Posted by fzank > 2017-01-05 11:53 | Report Abuse

kaheong kor-kor, unless all of us combined have about maybe 5-10 % of puncak shares ... then it may work at the egm ...

steveooikp

4,689 posts

Posted by steveooikp > 2017-01-05 12:02 | Report Abuse

after whack RZL a bit... up 0.5 sen....
pui pui...
RZL is looking at this thread....

fzank

1,537 posts

Posted by fzank > 2017-01-05 12:05 | Report Abuse

fighting loosing battle ...

steveooikp

4,689 posts

Posted by steveooikp > 2017-01-05 12:45 | Report Abuse

hng33... missing....

steveooikp

4,689 posts

Posted by steveooikp > 2017-01-05 12:46 | Report Abuse

stockraider missing

sometimes sifu... also can cut loss and quietly missing...

this one we must learn.... cannot totally reply on them....

stockraider

31,556 posts

Posted by stockraider > 2017-01-05 12:50 | Report Abuse

steve,

raider missing...bcos puncak perform ok...on recovery mah...no need to say so much loh...!!

kahleong sifu...is fighting & doing well for puncak...nothing much...raider can add mah...!!

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-01-05 12:51 | Report Abuse

everyone's capital is limited


steveooikp > Jan 5, 2017 12:46 PM | Report Abuse

stockraider missing

steveooikp

4,689 posts

Posted by steveooikp > 2017-01-05 13:18 | Report Abuse

stockraider.... glad you are still here..... .... please don't abandon the love boat.....

rogers123

4,018 posts

Posted by rogers123 > 2017-01-05 14:32 | Report Abuse

Ooi: I didnt do anything. I am waiting at 1.00 to sell all....

rogers123

4,018 posts

Posted by rogers123 > 2017-01-05 14:33 | Report Abuse

Who said everyone's capital is limited. Hng have infinity of money. Can always average down.

newbe999

54 posts

Posted by newbe999 > 2017-01-05 14:45 | Report Abuse

Where is hng33 now? He said will return after New Year.

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-01-05 14:53 | Report Abuse

Puncak is the burial ground of value investors.

as are dozens more value stocks without good businesses.

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-01-05 14:54 | Report Abuse

yes...Hibiscus better than Puncak.

newbe999

54 posts

Posted by newbe999 > 2017-01-05 15:07 | Report Abuse

Must be all here cheated by KC Chong that cash company is good to invest.

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-01-05 15:08 | Report Abuse

its always business then people then FA.

get it right.

valour

117 posts

Posted by valour > 2017-01-05 15:43 | Report Abuse

Lawan mesti lawan also apply here damn it !

Jay

1,126 posts

Posted by Jay > 2017-01-05 22:15 | Report Abuse

Let's face it, Rozali is not going to privatise Puncak. Last time Puncak has RM2.50 net cash but after acquiring plantation biz and all the planting cost to be incurred, cash is depleting fast. and if rozali last time offer below Rm2,50, shareholders would be jumping claiming not fair. if he offers 2.50, then he gets back 2.50 net cash and loss-making biz, rozali is not so dumb

Jay

1,126 posts

Posted by Jay > 2017-01-05 22:19 | Report Abuse

and please don't mislead others, it's almost impossible to have a cash-out options or SC to intervene

why no cash-out?

1. in case you have forgotten, when water assets were disposed, shareholders voted for it and it is clearly mentioned RM1 special dividend and the rest used for acquisition, you can't accuse rozali of not keeping his promise

2. all capital reduction or repayment has to get high court approval. minority shareholders can't just ask for capital repayment because they are unhappy. their right is just to vote no and if enough numbers, then can reject the deal. or if enough numbers, ask for voluntary wind up

and why SC won't intervene? it's simple, because they don't have grounds to. regulators can't just act based on whims and fancy

yes puncak board could have done more to address the share price decline but they are not legally required to do so. it's not SC's job to determine if a company is undervalued or teach companies how to run or pay dividend/do share buyback/ capital repayment etc.

it's also not SC's job to determine if the deal if fair/not fair. there are provisions in listing requirements. independent adviser make recommendations, SC merely review the documents to assess if the adviser's recommendations have valid basis. if they jump into conclusions, then the regulator itself would be contravening or bypassing the listing requirements. simply put, SC cannot block a deal unless there are clear wrongdoings on the company or advisers' part

stockraider

31,556 posts

Posted by stockraider > 2017-01-05 22:33 | Report Abuse

Jay,

Why so uptight ?
These minority is fighting for justice & fighting for their right mah..!!

It is their right to try and get a fair treatment, no matter what happen loh...!!

If u have no confidence, just sale loh...!!

But right here, many minorities have not given up....they are fighting mah...!!

They believe in God loh...!!

stockraider

31,556 posts

Posted by stockraider > 2017-01-05 22:53 | Report Abuse

Also remember Shareholder voted Yes during Pucak round 1 and got Rm 1.00 div...bcos they believe...Rozali will not be so unfairly treat them mah;

1. Rozali, act for his own benefit by buying his own company triplc Triplc loh...!!.

2. Rozali, get puncak to pay cash rm 3.00 for triplc at the same time..get puncak ensure triplc listing status to be transfer to his own vehicle and the cost of that exercise to be borne by puncak.
Where the cost of getting the listing vehicle should be right fully be borne by Rozali...and he should also pay a premium to puncak for the listed status of the SPV.

3. To make matter worse, he get TRIPLC minority shareholder to be paid by a useless listed scripts which is only a cash shell with no business, instead of just simply paying minority Rm 3.00 mah...!!

The above is not ground for SC to carefully consider meh ?

paperplane2016

21,667 posts

Posted by paperplane2016 > 2017-01-05 23:08 | Report Abuse

Same case like facbind! Cash can see can't eat. Forget it, move on.

Up_down

4,346 posts

Posted by Up_down > 2017-01-05 23:16 | Report Abuse

The deal is apparently seen nonsense or ridiculous to Triplc minorities....why dispose the entire concession business and yet cash will be kept in piggy bank to acquire another higher risk business? I don't think Triplc MI would vote GO.

stockraider

31,556 posts

Posted by stockraider > 2017-01-05 23:22 | Report Abuse

Posted by paperplane2016 > Jan 5, 2017 11:08 PM | Report Abuse

Same case like facbind! Cash can see can't eat. Forget it, move on.

AS A FACB SHAREHOLDER GET BETTER DEAL LOH.....!!
AT LEAST GET DIV RM 0.025 PER ANNUM LOH....!!

PUNCAK AND TRIPLC NO PROMISE ANYTHING LOH....!!

stockraider

31,556 posts

Posted by stockraider > 2017-01-05 23:27 | Report Abuse

PLEASE DON GIVE UP ...FIGHT WITH ROZALI LOH....!!
TABUNG HAJI, ALSO MAJOR SHAREHOLDER OF PUNCAK....THE DEAL CANNOT GET THRU...UNLESS TABUNG HAJI VOTE YES LOH....!!

BUT ROZALI, MAY JUST BRIBE TABUNG HALI SENIOR OFFICIAL TO GET IT THRU LOH...!!
THATS WHY MUST BLOW IT UP....MAKE IT BIG, SO THAT TABUNG HAJI IS PUT TO NOTICE LOH....!!

THERE IS HOPE TO GET A BETTER DEAL...WITH TABUNG HAJI AROUND LOH...!!

steveooikp

4,689 posts

Posted by steveooikp > 2017-01-06 06:58 | Report Abuse

talk no use.... we are just like an ant on RZL's palm.
same same... we are just like an ant to MO 1 and hippo....
they can kill us easily with ISA, NSC or SOSMA....

valour

117 posts

Posted by valour > 2017-01-06 10:01 | Report Abuse

Many ants bite can worst than mosquito bite . Any Egm pls inform at least make it tough rzl . Anyway i will hold until the next general election n see how

steveooikp

4,689 posts

Posted by steveooikp > 2017-01-06 11:56 | Report Abuse

puncak....
dear RZL
recently do you have enough money to spend?
if not enough, can you help to push up the share price?

stockraider

31,556 posts

Posted by stockraider > 2017-01-06 12:25 | Report Abuse

IF U FIGHT PUNCAK.....FOR THE LONGER HAUL....DON FORGET TO BUY TRIPLC AS WELL LOH.....!!

YES TRIPLC DEAL....MAY GET THE RISK OF BEING REJECTED BY PUNCAK & TRIPLC SHAREHOLDERS...BUT KNOWING ROZALI....WHEN HE GOT VESTED INTEREST....SURELY HE WILL TRY TO GREASE THE SHAREHOLDERS TO GET IT TRUE MAH.....!!

SO IF REJECTED TRIPLC....NO PROBLEM WILL ALWAYS COME BACK FOR BETTER DEAL LOH.....!!

SO IF U BET.....4D ON PUNCAK....REMEMBER TO BUY TRIPLC AS WELL MAH...!!
TRIPLC IS YOUR IBOX LOH.....!!

rogers123

4,018 posts

Posted by rogers123 > 2017-01-06 12:40 | Report Abuse

gogogogogo.... puncak

LilyLL

661 posts

Posted by LilyLL > 2017-01-06 16:18 | Report Abuse

Engine cannot start still sleeping

steveooikp

4,689 posts

Posted by steveooikp > 2017-01-06 16:39 | Report Abuse

ya.... RZK aldy made a lot...
resting mode screwing Russian babe,,

steveooikp

4,689 posts

Posted by steveooikp > 2017-01-06 16:40 | Report Abuse

stockraider... please ask icon8888 to write an article...
or otb...to write an article...
or your good friend... kyy to write an article...
or ask kyy to send a letter to RZL.

stockraider

31,556 posts

Posted by stockraider > 2017-01-06 17:05 | Report Abuse

Posted by steveooikp > Jan 6, 2017 04:40 PM | Report Abuse

stockraider... please ask icon8888 to write an article...
or otb...to write an article...
or your good friend... kyy to write an article...
or ask kyy to send a letter to RZL.

Dear Steve,

IF U ASK THEM TO WRITE...IT IS LIKE CONNING ANOTHER MINORITY SHAREHOLDER LOH....!!
IT IS NOT A RIGHT WAY TO FIGHT LOH...!!

THE RIGHT WAY TO FIGHT IS WRITE TO;

SECURITIES COMMISSION
BURSA
MSWG
TABUNG HAJI
INDEPENDENT DIRECTOR OF PUNCAK & TRIPLC LOH
INVESTMENT BANK

HIT WAY IT HURTS ROZALI MAH....!!

steveooikp

4,689 posts

Posted by steveooikp > 2017-01-06 17:31 | Report Abuse

stockraider... puncak as you said got plenty of cash.... what is wrong to write an article?
to get the poorer minority to earn some money for ang pow....
kyy always said want to help the poor.... wan to help ppl to make money...
call him mah... let him help... don;'t say we don't give ppl chance to help....

steveooikp

4,689 posts

Posted by steveooikp > 2017-01-06 17:47 | Report Abuse

pun pun....
wake up....
pun pun....
don't be like a pondan....

hng33 --- u cut loss... is it?

stockraider

31,556 posts

Posted by stockraider > 2017-01-06 17:52 | Report Abuse

STEVE,
KYY VERY ANGRY ....WITH RAIDER...HOW TO HELP WHEN RAIDER ASK LEH ?

IT IS BETTER FOR STEVE APPROACH KYY DIRECTLY LOH...!!

steveooikp

4,689 posts

Posted by steveooikp > 2017-01-07 08:24 | Report Abuse

Raider,

KYY angry is angry ....
that one nvm one....
KYY is a big man.... he is very forgiving one...
I don;'t know KYY .... he won't answer me....
KYY and Raider know each other very well.....
Don't worry... KYY is very kind... he wants to help the poor..... he will help no matter he is angry with you or angry with who.....
you cannot say angry, then you don't help right?
like our Prime Minister, he is also very angry with Bersih.... but he still promise he will do his best for the nation and also for the people mah....

stockraider

31,556 posts

Posted by stockraider > 2017-01-07 12:01 | Report Abuse

Raider,

KYY angry is angry ....
that one nvm one....
KYY is a big man.... he is very forgiving one...
I don;'t know KYY .... he won't answer me....
KYY and Raider know each other very well.....
Don't worry... KYY is very kind... he wants to help the poor..... he will help no matter he is angry with you or angry with who.....
you cannot say angry, then you don't help right?
like our Prime Minister, he is also very angry with Bersih.... but he still promise he will do his best for the nation and also for the people mah...

BTW....STEVE....RAIDER IS NOT POOR MAH....!!
SO KYY WOULD NOT HELP RAIDER LOH...!!

r°Moi

5,802 posts

Posted by r°Moi > 2017-01-07 17:53 | Report Abuse

.


kahhoeng... you wrote to which PIC in SC?





To SC... easy... just an email only


Will focus on TRIplc RPT... on using PEB... to privatise TRIplc with a market price of less than 1.90.... and sell it to PUNCAK at 3.04 immediately..... making a mockery... of open market mechanism of price discovery...

.

kahhoeng

3,950 posts

Posted by kahhoeng > 2017-01-07 19:36 | Report Abuse

rMoi, I did three, call email and meeting, not sure can post his name though

r°Moi

5,802 posts

Posted by r°Moi > 2017-01-09 08:07 | Report Abuse

.


Done three.. now that is persistency

Others..... just hoping miracle will be

.

steveooikp

4,689 posts

Posted by steveooikp > 2017-01-09 10:52 | Report Abuse

miracle .... 0.05 sen....

steveooikp

4,689 posts

Posted by steveooikp > 2017-01-09 13:31 | Report Abuse

shall we sell puncak or keep?
Please fill up your name.

Sell ----
1
2
3
4

Keep....
1
2
3
4

steveooikp

4,689 posts

Posted by steveooikp > 2017-01-09 17:10 | Report Abuse

why no reply.

stockraider

31,556 posts

Posted by stockraider > 2017-01-09 17:11 | Report Abuse

keep

angiess

84 posts

Posted by angiess > 2017-01-09 21:40 | Report Abuse

Keep

kahhoeng

3,950 posts

Posted by kahhoeng > 2017-01-10 10:22 | Report Abuse

Fight for capital repayment of 2.50 in exchange for share

firehawk

4,783 posts

Posted by firehawk > 2017-01-10 10:25 | Report Abuse

no one think of buy more ... so lack of confidence .....

steveooikp

4,689 posts

Posted by steveooikp > 2017-01-10 10:28 | Report Abuse

ya... never move and down few sens....

others all move a bit, this one very depressed.

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