PUNCAK (6807): Financials Summary, Key Results, Growth

Original cost of investment for the 3 pieces of land way back in 2007 was around 90 mil. The lost reported is against 2022 valuation as these properties are under Investment Properties and are thus revalued yearly

2023-09-10 12:17

speakup

After they sold their water biz, all the proceeds received siphoned out by TS Rozali

2023-09-10 12:34

Not a fan of Puncak but to say all funds were siphoned out is an overstatenent

2023-09-10 12:39

Puncak concession business yield more than 1cts per share per quarter

2023-09-10 12:40

Loss mainly comes from plantation given huge track of land is still unplanted but the 47k hectare land (90% owned by Puncak) was purchased at 470mil which is a good buy

2023-09-10 12:43

It will continue to bleed Puncak for years to come unless it monetised the planted asset, which is worth a lot more

2023-09-10 12:45

nelsonlim

Is a matter of time

2023-09-19 09:11

YawChong

Matter of time to...?

2023-09-21 15:52

poxeti6903

https://www.tradingview.com/x/PXxBtBWP/
puncak price target

2023-09-22 16:24

ong

2023-09-25 09:27

Benhobenho

Lai liao lo

2023-09-25 09:34

q1029384756

=MARKET BUZZ: Malaysia's Puncak Niaga Surges 16%, Closes In On Two-Year High

KUALA LUMPUR (Sep 25) -- Malaysia's Puncak Niaga Holdings surges as much as 16% to MYR0.43, its highest since October 2021, adding to Friday's 8.8% gain. Traders are "very bullish" judging from technical indicators and surge in trading volume, says technical analyst with local brokerage. Notes, Puncak's "gap up" took out out two resistance levels and has since breached more resistance levels with all major moving averages now "turning into support levels." Says, "you should watch for MYR0.435, which is not very far away from where we are right now... if that's breached, then the next resistance is MYR0.465," which is September 2021 high. Adds, RSI and other momentum indicators are in positive territory, but "they haven't gone into overbought territory, so there is still some upside to go." Shares now at MYR0.41. Volume at 23.8 million shares.

2023-09-25 16:45

easyjenny

Each has voluntarily withdrawn the legal suit against each other

Stuck a deal

Consideration to withdraw the suit, lots of projects will be forthcoming (see the price movement, insiders know)

Puncak is a significant player in its field. Puncak's expertise is needed to improve the nation's water infrastructures

2023-09-25 17:56

nelsonlim

Huat huat. But ady sold ytd 425

2023-09-26 09:11

speakup

https://malaysia.news.yahoo.com/klang-valley-taps-run-dry-230000956.html
last time when govt takeover Puncak water biz, they say is to solve issue of water disruptions. but today still the same, no water! rakyat dah kena tipu!
still believe PH? still believe PMX?

2023-10-12 07:47

easyjenny

HLIB says it is embarrassing to push to promote to investors a "dead" company with its share price so low

Need to do something

2023-10-13 15:53

willee2

wait 0.38

2023-10-16 15:15

willee2

almosttt

2023-10-16 16:34

willee2

haiyaa no 0.38

2023-10-16 17:14

MACD

Macd h4 just cross up

2023-10-30 09:53

Tibbers

oooooooo 50sen coming?

2023-11-08 15:37

Tibbers

waa very panas suddenly

2023-11-08 15:53

ong ong

2023-11-08 16:05

Woodsis

What happened?

2023-11-08 16:39

東风

Nothing Happen. Just Goreng

2023-11-08 16:41

goreng pisang la

2023-11-08 17:21

iPlay

yahoooooooo............Pesta Air this week😎😎😎

2023-11-08 22:04

Cnlim

haha puncak is a construction counter not water

2023-11-09 06:45

speakup

yes puncak only do engineering construction work on water projects. tu saja

2023-11-09 07:46

paktua73

Post removed.Why?

2023-11-09 09:12

Eagle77

Tomorrow fly ⬆️✅

2023-11-09 20:59

saifulniz90

Boleh kah puncak buat rectracement kt harga support 0.365 utk fly balik?

2023-11-22 17:08

ada ong lagi ga? water stock ada rally
hehe

2023-11-26 20:36

Teh Diven

Game over is it

2023-12-06 12:55

ocbc

PBA-PUNCAK-ENGTEX-YLI , BBbbb

2024-01-03 11:24

Solomon007

Naik soon

2024-01-09 22:50

ocbc

PBA-RANDHILL-PUNCAK-ENGTEX-YLI

2024-02-28 17:25

Woodswater

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3424621

how come 4️⃣Q2️⃣3️⃣ reported huge LOST so much ❓No wonder price stagnant so long.....

2024-02-29 21:28

newbietrader9

interesting to watch

2024-05-07 17:16

Good news! Should fly to the moon anytime!

2024-05-20 14:52

Mazhar3192

Qr out already

2024-05-30 17:52

rogers123

Puncak is not related to Water at all

2024-07-09 12:35

i7investors

Puncak compensated owners for repairs works of houses affected by their previous project. Thumbs up!

2024-08-14 04:01

Baru bangun tidur

2 months ago

anghockkeong151177

puncak this share may fly soon with more land sell to improve current asset + lower down current liability

2 months ago

Is this good news or bad news?

Reference is made to our earlier announcement dated 22 April 2024 in relation to the above matter.

Puncak wishes to inform the Exchange that the Company had on even date received a letter dated 15 October 2024 from the Companies Commission of Malaysia notifying that Puncak Patem Konsortium Sdn Bhd (“PPKSB”) had been struck off from the Register of Companies Commission of Malaysia pursuant to Section 550 of the Companies Act, 2016 on 7 October 2024.

Accordingly, PPKSB ceased to be a subsidiary of Puncak on 7 October 2024.

This announcement is dated 15 October 2024.

2 months ago

awesome20

being long time in downtrend

2 months ago

Woodsis

Most of the plantation companies are making huge profit with the good FFB price now, why is Puncak still bleeding with down trend production volume? Something is very wrong with the management

1 month ago