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  ocbc Puncak Niaga to Sell Three Plots of Land in Ijok at a Loss for RM306 Mil Cash 07/09/2023 11:26 AM Alwinb 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 10/09/2023 12:17 PM  speakup After they sold their water biz, all the proceeds received siphoned out by TS Rozali 10/09/2023 12:34 PM Alwinb Not a fan of Puncak but to say all funds were siphoned out is an overstatenent 10/09/2023 12:39 PM Alwinb 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 10/09/2023 12:43 PM Alwinb It will continue to bleed Puncak for years to come unless it monetised the planted asset, which is worth a lot more 10/09/2023 12:45 PM 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 Volume at 23.8 million shares. 25/09/2023 4:45 PM easyjenny Each has voluntarily withdrawn the legal suit against each other Stuck a deal Consideration to withdraw the suit, lots of projects will be forthcoming (see the price movement, insiders know)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 25/09/2023 5:56 PM 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? 12/10/2023 7:47 AM 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 13/10/2023 3:53 PM speakup yes puncak only do engineering construction work on water projects. tu saja 09/11/2023 7:46 AM  paktua73 paktua manage grab at rm0.425 for 43 stage.. let see how today tut tut laai lai 09/11/2023 9:12 AM saifulniz90 Boleh kah puncak buat rectracement kt harga support 0.365 utk fly balik? 22/11/2023 5:08 PM i7investors terrible company 😟. as govt contractor digging road for iwk but refuse to repair nearby houses affected by their deep drilling.👎👎👎 27/01/2024 6:05 AM 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..... 29/02/2024 9:28 PM  | |
