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11 comment(s). Last comment by shortinvestor77 at Jun 15, 2018 09:47 AM
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119 posts

Posted by Chanteckfai > Jun 13, 2018 10:35 PM | Report Abuse

I agree with Ang Lam Poah. Issuing warrant is good.

I disagree with kyy proposal.

3861 posts

Posted by davidkkw79 > Jun 13, 2018 10:46 PM | Report Abuse

Who is KYY?? Very important of this fox ?

119 posts

Posted by Chanteckfai > Jun 13, 2018 10:50 PM | Report Abuse

he is a person own 21% of Jaks. lol

but... Ang Lam Poah is more important than him because Ang Lam Poah is ceo

Ang Lam Poah is good ceo, i think shareholder should not keep disturb him.

if not happy then just sell instead of make noise

empty vessel make the loudest noise

2067 posts

Posted by ramada > Jun 13, 2018 11:07 PM | Report Abuse

HY, JAKS & SENDAI, up too much, also drop too much already. Just name me another fresh & juicy tenbagger stock. Huh huh..

742 posts

Posted by soojinhou > Jun 13, 2018 11:31 PM | Report Abuse

There's a better proposal. That is for unkle koon to loan the money to jaks directly, with interest of course. In that way, the share price will not be affected, and the company will still raise the needed funds.

8687 posts

Posted by apolloang > Jun 13, 2018 11:41 PM | Report Abuse

should revise to 1 for 1 rights at 1.00.....hehe

1528 posts

Posted by supersaiyan3 > Jun 14, 2018 12:57 AM | Report Abuse

1. Its a simple "game". Mr. KYY should punish JAKS, otherwise in the future, other companies will continue to cheat Mr. KYY and other investors.

2. Different proposals have different risk profile.

3. However, one must notice warrant is not really free. Warrants represents a portion of the value of the future business.

1287 posts

Posted by Albukhary > Jun 14, 2018 01:09 AM | Report Abuse

JAKS should proposed right issue 1:1 with the price of RM1, then it can force KYY to dig out another RM100mil and invested into the company, or force KYY to dispose his share.
If this is the case, I guess KYY will dispose his share, and share price will collapse to below RM1. Then management can buy back the share from KYY.

Blue Laser
205 posts

Posted by Blue Laser > Jun 14, 2018 09:14 AM | Report Abuse

JAKS controlling long term shareholders led by ALP are not that concerned about propping up the share price. They are more concerned about thwarting short term parasitic investors who create no value for the business but leave the company devastated after they sell out, taking their profits and leaving much pain behind. They know KYY and his tricks. That's why he is not wanted on the board of directors. This time, he is locked in for a long long time as a mere investor in JAKS.

1242 posts

Posted by ks55 > Jun 14, 2018 09:52 AM | Report Abuse

It is not a difficult if you want to teach KYY a hard lesson.
Everybody just sell now as Jaks share price remain relatively high compare with general market.
You can get a much better stock at 1.44
Andy Ang and his lieutenants must cooperate to depress Jaks to a lower price, say 90 sen for couple years, and not to declare any dividend.
The rest just leave to the banks doing the job.
KYY has to service margin finance interest just like what WC has being suffering for last 5 years.
Same technique was used by Yee Lee against Tabung Haji years back until Tabung Haji could no longer stand it and sold out in Oct 2007...........

2786 posts

Posted by shortinvestor77 > Jun 15, 2018 09:47 AM | Report Abuse

Sell lah! Why bearing burden and pain together with billionaire KYY?

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