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20 comment(s). Last comment by BenPg at Jan 16, 2019 8:05 PM
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apolloang
17952 posts

Posted by apolloang > Dec 19, 2018 12:22 PM | Report Abuse

najib time can lah 1.00,now LGE stingy type.....no lah


Airline Bobby
491 posts

Posted by Airline Bobby > Dec 19, 2018 12:33 PM | Report Abuse

U 2 years too late la


Icon8888
19022 posts

Posted by Icon8888 > Dec 19, 2018 12:54 PM | Report Abuse

I press "Like"

if this forum allows 100 times Like, I would have pressed it 100 times


Alex™
12309 posts

Posted by Alex™ > Dec 19, 2018 12:55 PM | Report Abuse

Andy~~~~


rogers123
3763 posts

Posted by rogers123 > Dec 20, 2018 1:27 AM | Report Abuse

So funny!


hng33
17627 posts

Posted by hng33 > Dec 20, 2018 9:57 AM | Report Abuse

qqq3, Well said! Double or even triple upside next year.


CharlesT
11028 posts

Posted by CharlesT > Dec 20, 2018 9:59 AM | Report Abuse

Make sure can survive thru this 2 years first b4 u dream too far


Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥
10163 posts

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > Dec 20, 2018 11:16 AM | Report Abuse

Jaks is in a difficult situation.
It has a lot on its plate.
Its core businesses and finances are weak today.
Its saviour will be successful project of the IPP in Vietnam.


As an investor, you will wish to choose to jump over a 1 foot hurdle than a 7 feet hurdle.


stockraider
20977 posts

Posted by stockraider > Dec 20, 2018 11:29 AM | Report Abuse

In a way conman 3iii is talking sense with integrity here loh...!!

Posted by 3iii > Dec 20, 2018 11:16 AM | Report Abuse

Jaks is in a difficult situation.
It has a lot on its plate.
Its core businesses and finances are weak today.
Its saviour will be successful project of the IPP in Vietnam.


As an investor, you will wish to choose to jump over a 1 foot hurdle than a 7 feet hurdle.


qqq3
13755 posts

Posted by qqq3 > Dec 20, 2018 11:37 AM | Report Abuse

3iii
As an investor, you will wish to choose to jump over a 1 foot hurdle than a 7 feet hurdle.
=========

beware of appearances....what appears safe and 1 foot hurdle can be some thing else...and at best 1 foot rewards only.


qqq3
13755 posts

Posted by qqq3 > Dec 20, 2018 11:39 AM | Report Abuse

Jaks can drop to 40 and its warrant stay at 20 also can....


Zhuge_Liang
573 posts

Posted by Zhuge_Liang > Dec 20, 2018 11:39 AM | Report Abuse

Will continue to lose money until 2020 before completion of Vietnam Power plant.
No cash flow for next 2 years.

Can Vietnam Power Plant complete in time ?
Do you think it is better to wait until Vietnam Power Plant is completed before you invest ?
Invest in stock market, there is no if but must be sure.

Please note that all old projects in Malaysia secured by Jaks, if I am not mistaken all lost money.


OhTheBee (otb)
4773 posts

Posted by OhTheBee (otb) > Dec 20, 2018 12:45 PM | Report Abuse

Make money now, if u can, don't wait for 2020 lah.


dusti
2134 posts

Posted by dusti > Dec 20, 2018 4:55 PM | Report Abuse

If investors stand back the share will continue to slide. Then make your move. There is no sifu here .


i3lurker
5321 posts

Posted by i3lurker > Dec 20, 2018 8:07 PM | Report Abuse

its a long wait

it will be a long winter


DK
4240 posts

Posted by DK > Dec 20, 2018 8:49 PM | Report Abuse

It was the surprise Q3 loss results that caused the selling and the severe under subscription of warrants. The bright side is less dilution from (33% to 15%) for both mother and warrants.

The losses was due to unusually slow progress billing of the vietnam EPC contract.

Jaks' CFO stated that the power plant was 41% completed as at October but Jaks only recognised about 31% completion until Sept. Assuming no progress in Nov and Dec, Jaks may recognise 10% work done which means potential of RM45m profit from vietnam EPC in Q4 2018.

Public investment has indicated that profit recognition of vietnam EPC contract will follow "S" curve. Hence, there will be faster profit recognition hereon as the construction of power plant enters into equipment installation phases. The power plant will be substantially completed by end 2019 as it advances into synchronization and performance testing before it starts to generate electricity by mid 2020.

Q4 2018 will mark the turnaround in results. The results will be announced before end feb 2019, and it will mark the end of winter for Jaks.


supersaiyan3
2698 posts

Posted by supersaiyan3 > Dec 21, 2018 3:36 AM | Report Abuse

There goes qqq3 and icon8888.... lol


hollandking
3692 posts

Posted by hollandking > Dec 21, 2018 11:25 AM | Report Abuse

wait for the game breaker, ALP margin call


deMusangking
4316 posts

Posted by deMusangking > Jan 16, 2019 10:49 AM | Report Abuse

good read


BenPg
161 posts

Posted by BenPg > Jan 16, 2019 8:05 PM | Report Abuse

Latest news .....Jaks has released 50 millions to Star . The dispute is finally settled. The worst is over.

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