Posted by chonghai > 2017-02-04 23:31 | Report Abuse

The most feasible approach I believe would be to try to convince more shareholders that Puncak BOD is not doing enough to unlock value of Puncak.
Going to SC would probably be useless.

Posted by jacklintan > 2017-02-04 23:52 | Report Abuse

Kahheong, I will support you all the way. Do inform if there is anything I can do too.

Sorry, been away for a long time.

Posted by FAIRnREASONABLE > 2017-02-05 15:38 | Report Abuse

I agree with chonghai that the sure way to work is to get in touch and convince enough shareholders to demand appropriate action from puncak BOD. With sufficient number, the related party transaction of TRIplc can be blocked too.

The big question is how to get in touch with and to convince the other minority shareholders. I wonder if SC or MSWG can help in connecting up the minority shareholders.

Personally, I am willing to make a pledge of RM5K as a contribution for posting circulars or putting up newspaper notice to reach out to others.

Posted by jacklintan > 2017-02-05 22:13 | Report Abuse

Ultimate pressure been put for puncak shareholders to sell off their shares.
I wonder should they sell for no reason at most.

Posted by lcwin > 2017-02-06 12:18 | Report Abuse

Hi Kahheong, I am sure u know who Rohjadi is beside the boss of Puncat.
The whole idea of him only holding eg. 40% is the leverage he have over the entire finance of Puncat. Like I say before he will twist n turn n work his magic to turn the cash pile into his pocket. Why would he give the money to everybody? It don't make sense isn't it. After he have invested it in a few overpriced assets n cpys he still have control over them! This is better then heaven am I right? From then on all he need to do is milk the overpriced cows you own and paid for....
Rmoi.. it happen loog ago then I have a big position in Gadek capital thats own CCM n was screwed by DRB hi con. Letters to The star, SC etc. Of course that time I act alone. SC say hello...The Star dare not publish my letter let alone say hello. I think I Email The Edge then. Forgotten alrdy but lost a lot of money. PJ Dev I got smart the moment I see the Buaya open his mouth I run like mad with my Profits. Hahaha...I warn everybody then.
My take is simple. Try not to play cronies stock. If play ...play with you eyes wide open and run the moment the stock price start going down.
Remember a crony will never run a company professionally, they specialises in Sodomising the masses.
Don't say i am outsider lah I play this puncat also but with a long pole n do the hit n run routine to make beer money.
Kong he fatt choy everybody!

Posted by chonghai > 2017-02-06 16:34 | Report Abuse

I play both Pucat and CCC. Hopefully buaya will not bite me.

Posted by jacklintan > 2017-02-06 17:44 | Report Abuse

I wonder how the cronies stocks will look like if they "change" their strategies for betterment of the company. Are the cronies companies staying evil forever?
How long will the 3rd world mentality stays in bolehland?
Corporate governance for nothing ?
What will foreign investors thinks in long run?

Posted by jacklintan > 2017-02-06 18:08 | Report Abuse

Rozali will not let his company dielah. I have enough u people thinking Puncak is a fooling company and acquring Triplc is a good move still.

He will prolong his legacy just like any father passing down his legacy to his children.

Give Puncak a break while wait for the good news.

If really want to bring the matter to SC, I don't mind joining in too.

Posted by FAIRnREASONABLE > 2017-02-06 19:47 | Report Abuse

A sizable group of minorities pressing ahead is very different from voicing individual opinion at AGM or just in the forum.

Posted by valour > 2017-02-06 20:24 | Report Abuse

Yes FnR we minorities must unite only hope

Posted by angiess > 2017-02-06 21:16 | Report Abuse

Hi kahhoeng where to meet at SC on 14 Feb?

Posted by kahhoeng > 2017-02-07 20:37 | Report Abuse

Dear all,

The information on the meeting with SC is as follow:
Date: FEB 14, 2017
Time: 9:30 A.M.
Venue: No 3 Persiaran Bukit Kiara, Bukit Kiara, 50490 Kuala Lumpur.
Contact Person: Mr. Sashi
Contact Number: 03-6204 8999
Mandate: Seeking 2.50 capital repayment in exchange for minority shareholders' share who oppose the TRIPLC and plantation deal

Attending list:

1. kahhoeng

p/s: please copy and paste before adding your username to the above, thanks

Posted by valour > 2017-02-08 02:07 | Report Abuse

The information on the meeting with SC is as follow:
Date: FEB 14, 2017
Time: 9:30 A.M.
Venue: No 3 Persiaran Bukit Kiara, Bukit Kiara, 50490 Kuala Lumpur.
Contact Person: Mr. Sashi
Contact Number: 03-6204 8999
Mandate: Seeking 2.50 capital repayment in exchange for minority shareholders' share who oppose the TRIPLC and plantation deal

Attending list:

1. kahhoeng
2. valour

Posted by hng33 > 2017-02-08 09:44 | Report Abuse

bought more Puncak at 95sen

Posted by hng33 > 2017-02-08 09:46 | Report Abuse

Add more batch at 95.5sen

Posted by hng33 > 2017-02-08 10:13 | Report Abuse

sold off all Puncak at 97.5sen, reap both paper and contra profit, free up all capital

Posted by kahhoeng > 2017-02-08 10:38 | Report Abuse

Dear all concerned shareholders of Puncak, due to too many shareholders calling SC and looking towards to meet on Feb 14, I was asked to reschedule to meet SC with a maximum of 5 attendees. Again, offer 3 days for SC to their convenience. Will post slightly later with more details as I'm posting now through HP and tough to type

Posted by afauzino > 2017-02-08 11:25 | Report Abuse

All d best kahhoeng

Posted by babu > 2017-02-08 12:08 | Report Abuse

what is happening ? looks like Puncak is on fire !

Posted by jen188 > 2017-02-08 12:15 | Report Abuse

Yap Yap any good news?

Posted by LilyLL > 2017-02-08 12:17 | Report Abuse

It today break 0.985 next TP 1.10

Posted by babu > 2017-02-08 12:18 | Report Abuse

but why ???

Posted by kahhoeng > 2017-02-08 12:39 | Report Abuse

Somehow I can't post here through my notebook, will attempt a repost of my apology, request of those who have called to follow this site frequently for update and a rescheduled meeting with a maximum of 5 attendees. Thanks

Posted by cheoky > 2017-02-08 13:16 | Report Abuse

Kahhoeng keep it up. Gambateh

Posted by LilyLL > 2017-02-08 13:34 | Report Abuse

Hope this afternoon up again

Posted by steveooikp > 2017-02-08 14:42 | Report Abuse

it is time for you to dump,
it will slide to 95 sen..93 sen...
see other stock... same fate...
if puncak shows unfair deal or loss QR again worst still...

Posted by steveooikp > 2017-02-08 14:47 | Report Abuse

see barakah...

collected .... up to 69.5... then now 64...

see nexgrsm collected up to 4.5 sen... now???

Posted by nekosan > 2017-02-08 15:33 | Report Abuse

the CEO hear you all and will push to 2.5

Posted by hng33 > 2017-02-08 15:38 | Report Abuse

sold all puncak core holding at 1.01, free up all puncak stake holding

Posted by voon1900 > 2017-02-08 15:48 | Report Abuse

nice

Posted by hng33 > 2017-02-08 15:59 | Report Abuse

Puncak and triplc deal still take time to materialize, opt to lock all profit and cash out these biggest stake in Portfolio core holding to unlock most of capital that tight up in portfolio and swap to other stocks while awaiting upcoming result and wait opptunity to re-enter back later

Posted by voon1900 > 2017-02-08 16:45 | Report Abuse

uptrend

Posted by LilyLL > 2017-02-08 16:55 | Report Abuse

Today good closing 1.03 & see 2moro up or down

Posted by nekosan > 2017-02-08 17:31 | Report Abuse

good to see hng33 exit earlier ... tomorrow puncak will go 1.08

Posted by angiess > 2017-02-08 19:51 | Report Abuse

3.angiess

Posted by angiess > 2017-02-08 19:52 | Report Abuse

I'm going also...do I need to call mr Sashi?

Posted by kahhoeng > 2017-02-08 20:51 | Report Abuse

I am having difficulty posting, will try to post through my handphone

Posted by kahhoeng > 2017-02-08 21:00 | Report Abuse

Dear all concerned Puncak shareholders,

My sincere apology to all who have planned a trip to meet SC on Feb 14. SC has decided to call off the meeting on Feb 14 and urged us to reschedule with a maximum of 5 attendees (though not sure why the limit myself). Before posting here about the meeting, I have sought SC's permission to do so. However, I suppose SC has not expected to meet too complainants, so am I given the number of respondents wanting to meet SC is less than 10 based on what's posted here.

Anyhow, after receiving too many complainants' call seeking to meet, I received a call from SC around 10:20 this morning looking toward a rescheduled meeting with a limit of 5 by offering them 3 days option for their own scheduling purpose. I have raised my concern that I have posted on i3investor to gather support and its difficult for me to limit the number of participants. However, I was asked to do so by, hopefully, forming a committee to meet SC.

Posted by kahhoeng > 2017-02-08 21:09 | Report Abuse

I will draft my complaint which I have hoped to achieve through meeting with SC by the latest tomorrow evening (I have initially planned to only do it during meeting with SC - partly because some complaints have been lodged with SC when I met them end of 2016 while partly because I have yet to conclude a few items which I hope to express.)

Please, to shareholders who have called SC seeking a meeting to actively read this site for update so I may speed up the scheduling and details of complain. And, please, write your concerns and your view here, so we can get it done soon. I am hoping to reschedule sometimes next week. Though, I can't post the time and date yet or ever so I can limit the number of participants to no more than 5.

I will most likely request to allow recording the meeting to be sent to shareholders seeking to know the details of the meeting but not able to meet or can't due to limit of attendees. However, I can't be sure of this as I have not received approval from SC on this (an idea I have only conceived after call from SC.)

First, I need to know who has called to schedule meeting (PLEASE COPY AND POST)?
1. kahhoeng

Second, who can best represent us to meet? I am hoping there will be at least one with a legal profession (any lawyer?)

Posted by kahhoeng > 2017-02-08 21:42 | Report Abuse

May I suggest that we all meet through here at 8pm tomorrow evening for discussion to decide whom to represent us and when to meet SC? Thanks

Posted by rogers123 > 2017-02-08 22:28 | Report Abuse

hng sold at loss???

Posted by rogers123 > 2017-02-08 22:29 | Report Abuse

Not expected most of my shares were sold today

Posted by rogers123 > 2017-02-08 22:30 | Report Abuse

10% return is good for me

Posted by LilyLL > 2017-02-09 10:50 | Report Abuse

Forgot today holiday hope 2moro puncak up

Posted by steveooikp > 2017-02-10 07:29 | Report Abuse

when the market is going to collapse???
earn 1 k here lose 1 k there....
lose more than earn...
put in plenty of time... wasting time...
reserve money for collapse...
buy in blue chip,..... off the computer for 2 years... collect dividend...
then switch on the computer after 2 years....
at least 3 times for blue chip... sell all blue chips...
then buy 2nd liner shares..... up at least double... sell.....
enough ...
no need penny stock, no need political stock... wasting time...
manipulated counters... not trustworthy like playing tikam... guessing game....

Posted by steveooikp > 2017-02-10 07:35 | Report Abuse

I understand kyy and agreed with kyy...
80% of players are losing money....
i only use 5% of my reserve now...
the rest wait for collapse....
will collapse..... if not, those con man fund managers like Soros eat what?
you think Soros looks look at computer every day?

Posted by LilyLL > 2017-02-10 09:20 | Report Abuse

Today break 1.05 next tp 1.08 - 1.10

Posted by rogers123 > 2017-02-10 10:00 | Report Abuse

no one will be interested in buying puncak. Rubbish stock

Posted by steveooikp > 2017-02-10 11:19 | Report Abuse

lilyLL - if you have profit, you better sell now.

any news for puncak?

the deal for triplc?
the damn expensive deal of the plantation business? not yet ripe any fruit ?

any direction from the directors?

nothing... expected another loss QR.... nothing else.

Posted by valour > 2017-02-10 11:30 | Report Abuse

If dirt cheap i will risk it n buy haha