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50,891 comment(s). Last comment by Windy1974 at Jun 20, 2021 6:34 PM
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ivanlau
927 posts

Posted by ivanlau > Jun 14, 2021 8:07 PM | Report Abuse

In local share market got 4 famous FB / Blogger socall " incredible 4 " as following :

Half boiled egg - tyxxp & stoxxpixx2u
tanjung rambutan - wuchang
Golden Summit - Dave Chong aka So-chai Chong
Windscopo2 - First day but look like last day

If you listen their tips buy stock , u will cry until no tears...


BursaGolfer
90 posts

Posted by BursaGolfer > Jun 15, 2021 4:56 PM | Report Abuse

@ivanlau lmao, so damn right!


SarifahSelinder
3478 posts

Posted by SarifahSelinder > Jun 16, 2021 8:19 AM | Report Abuse

Hmmmm mungkin ka mungkin ka?


SarifahSelinder
3478 posts

Posted by SarifahSelinder > Jun 16, 2021 8:27 AM | Report Abuse

mungkin ka mungkin ka?


SarifahSelinder
3478 posts

Posted by SarifahSelinder > Jun 16, 2021 8:42 AM | Report Abuse

mungkin ka mungkin ka?

short sellers will b the takers of the pp?

shorted the price till so low lepas tu buy in via pp to square off short position

is this legit?


Bgt 9963
2923 posts

Posted by Bgt 9963 > Jun 16, 2021 8:57 AM | Report Abuse

Good morning...!


Sipektuaki
276 posts

Posted by Sipektuaki > Jun 16, 2021 4:23 PM | Report Abuse

Hello jackers...


firehawk
3757 posts

Posted by firehawk > Jun 16, 2021 4:24 PM | Report Abuse

some people keep on guessing .... some already known much earlier what,s the high vol short position means (who shorted it?) , what's the WC conversion means (who made the no sense conversion?) .... even anticipated how the operator would operate by making use of the QRs ..... :D

PP price has yet been fixed .... probably 0.4x :D


SarifahSelinder
3478 posts

Posted by SarifahSelinder > Jun 16, 2021 4:44 PM | Report Abuse

Wa wa wa bukan main panlai lagi

Ok bagi chance u

Do tell wat will happen next

To give specifics

Klau boleh a trading plan even better

Give specifics bagi price range dan timing


Davidl
1412 posts

Posted by Davidl > Jun 16, 2021 6:53 PM | Report Abuse

50cts coming!


firehawk
3757 posts

Posted by firehawk > Jun 16, 2021 9:06 PM | Report Abuse

Ha Ha Ha! maybe some people do not know, operator is tackling what the crowd doing and revise the operation ......

the up to 20% PP is more than the existing largest shareholder holding, is a powerful tool ..... :D


firehawk
3757 posts

Posted by firehawk > Jun 16, 2021 9:28 PM | Report Abuse

some people are disappointed and some people seeing chance :D

this is very true :-)


SarifahSelinder
3478 posts

Posted by SarifahSelinder > Jun 17, 2021 8:24 AM | Report Abuse

Mcm ni jer?

No specifics?

U r talking so vague like a good fortune teller

Wonder u tahu wat u r talking abt


SarifahSelinder
3478 posts

Posted by SarifahSelinder > Jun 17, 2021 8:27 AM | Report Abuse

Convert warrant at cost higher than mother to short didn't make sense then stil doesn't make sense now

Tapi Sarifah give u the benefit of doubt

Boleh u explain sikit?


ggcomliao
313 posts

Posted by ggcomliao > Jun 17, 2021 11:12 AM | Report Abuse

iamxuewen retard


Kristina Melody
114 posts

Posted by Kristina Melody > Jun 17, 2021 8:25 PM | Report Abuse

wow still got jakers here


firehawk
3757 posts

Posted by firehawk > Jun 17, 2021 10:03 PM | Report Abuse

is quite sure, many known the reason behind warrant conversion and is not new, it was happened before the RI too, and was explained in this forum!!! quite surprise, until now ......

someone willing to explain?

for me i really not willing to spoon feed this type of attitude :-)


firehawk
3757 posts

Posted by firehawk > Jun 17, 2021 10:26 PM | Report Abuse

if possible, explain in bahasa ... maybe she can understand better ! :-)


ggcomliao
313 posts

Posted by ggcomliao > Jun 18, 2021 1:14 AM | Report Abuse

So when best enter


SarifahSelinder
3478 posts

Posted by SarifahSelinder > Jun 18, 2021 9:09 AM | Report Abuse

Tolong kindly explain again in england is ok


Windy1974
404 posts

Posted by Windy1974 > Jun 18, 2021 11:11 AM | Report Abuse

sorry i am 1 of those couldn't figured out why the guy convert warrant at a premium. Probably gotta do with my IQ. I had an IQ test and scored 140 only haha


HrryPttr
1740 posts

Posted by HrryPttr > Jun 18, 2021 4:53 PM | Report Abuse

Yummy


algokerithm
2 posts

Posted by algokerithm > Jun 18, 2021 5:02 PM | Report Abuse

run run. big throw at closing today


Bgt 9963
2923 posts

Posted by Bgt 9963 > Jun 18, 2021 5:13 PM | Report Abuse

Good luck...!


firehawk
3757 posts

Posted by firehawk > Jun 18, 2021 9:50 PM | Report Abuse

Posted by firehawk > Jul 23, 2020 11:39 PM | Report Abuse X

Agree that 30% profit is only acct entry, until dividend is paid. And paying dividend needs the Chinese partner nod, when will it be realized?

But now, JAKS is in severe cash /working capital constrain. It can be observed when the issuer fixed the issuing price at a unbelievable low @0.225, this "forced" the shareholders to subscribe, otherwise will face huge disadvantage! Revised of RI is very rare, but JAKS did it within 2 months. Is it so compelling?

This suspicion was confirmed when a director converted the WB to ordinary shares.

The director is the proxy of big boss. If he acts for himself, would he converted the WB to mother shares? He sell the WB, he can directly get 51sen. He exercises the conversion the pay 64sen and get back 81sen, an earning of 17 sen only (not including the WB cost, otherwise would be a loss). Why should he performs conversion?

The conversion has only one purpose, to inject cash to the company! (This is not something new, as far as I know, although very rare, some companies did this.) The company is the clear beneficial of the conversion! Converted 4m WB, injected 2.56m to the company account! May be now u realized why the same director always selling his holding! His act as a proxy of same purpose .......

Many have to be thought of .... the further deconcentration of share holding (this is no good), the 421m of debt, the waiting period of Viet power stations really pay dividend to JAKS ..... how long the time to pass the tunnel before seeing the light?

(This is the writer view, it could be not true, up to readers want to take it or not.)


firehawk
3757 posts

Posted by firehawk > Jun 18, 2021 9:55 PM | Report Abuse

take some time to look for this old writing ... not intend to write a new one. I think is easy to make an analogy, unless the reader doesn't want to put in a little afford .....


stockraider
24173 posts

Posted by stockraider > Jun 19, 2021 11:15 AM | Report Abuse

CORRECTLOH...JUST AVOID MAH!

SURE MAH....THE AUTHOR VIEW IS CORRECT MAH!

Posted by firehawk > Jun 18, 2021 9:50 PM | Report Abuse

Posted by firehawk > Jul 23, 2020 11:39 PM | Report Abuse X

Agree that 30% profit is only acct entry, until dividend is paid. And paying dividend needs the Chinese partner nod, when will it be realized?

But now, JAKS is in severe cash /working capital constrain. It can be observed when the issuer fixed the issuing price at a unbelievable low @0.225, this "forced" the shareholders to subscribe, otherwise will face huge disadvantage! Revised of RI is very rare, but JAKS did it within 2 months. Is it so compelling?

This suspicion was confirmed when a director converted the WB to ordinary shares.

The director is the proxy of big boss. If he acts for himself, would he converted the WB to mother shares? He sell the WB, he can directly get 51sen. He exercises the conversion the pay 64sen and get back 81sen, an earning of 17 sen only (not including the WB cost, otherwise would be a loss). Why should he performs conversion?

The conversion has only one purpose, to inject cash to the company! (This is not something new, as far as I know, although very rare, some companies did this.) The company is the clear beneficial of the conversion! Converted 4m WB, injected 2.56m to the company account! May be now u realized why the same director always selling his holding! His act as a proxy of same purpose .......

Many have to be thought of .... the further deconcentration of share holding (this is no good), the 421m of debt, the waiting period of Viet power stations really pay dividend to JAKS ..... how long the time to pass the tunnel before seeing the light?

(This is the writer view, it could be not true, up to readers want to take it or not.)


SarifahSelinder
3478 posts

Posted by SarifahSelinder > Jun 19, 2021 3:23 PM | Report Abuse

Yg ni remains


SarifahSelinder Hmmmm mungkin ka mungkin ka?

16/06/2021 8:19 AM

X

SarifahSelinder mungkin ka mungkin ka?

16/06/2021 8:27 AM

X

SarifahSelinder mungkin ka mungkin ka?

short sellers will b the takers of the pp?

shorted the price till so low lepas tu buy in via pp to square off short position

is this legit?

16/06/2021 8:42 AM


SarifahSelinder
3478 posts

Posted by SarifahSelinder > Jun 19, 2021 3:28 PM | Report Abuse

Lepas PP price dah fixed

No more short selling as positions all squared off?

No more shorting lagi

Price kan fly?


SarifahSelinder
3478 posts

Posted by SarifahSelinder > Jun 19, 2021 3:31 PM | Report Abuse

Byk PP?

No worries

Semua PP ni cuma Andy is man in a hurry

Andy sees many opportunities

Andy sees many opportunities kat renewable energy IPP

Even LNG IPP


SarifahSelinder
3478 posts

Posted by SarifahSelinder > Jun 19, 2021 3:32 PM | Report Abuse

Andy is man in a hurry


Chrisfoo
61 posts

Posted by Chrisfoo > Jun 20, 2021 1:37 AM | Report Abuse

who is Andy pls?


Bgt 9963
2923 posts

Posted by Bgt 9963 > Jun 20, 2021 9:52 AM | Report Abuse

Good morning......!


HLTGang
595 posts

Posted by HLTGang > Jun 20, 2021 11:57 AM | Report Abuse

Ah jaks wake up....


HLTGang
595 posts

Posted by HLTGang > Jun 20, 2021 11:57 AM | Report Abuse

Don't sleep


Windy1974
404 posts

Posted by Windy1974 > Jun 20, 2021 1:20 PM | Report Abuse

Firehawk. Thanks for repost. Your write up make sense but it's a possibility only till proven. I am not surprised if JAKS cash strapped now since no cash flow till Vietnam PP dividend received.
Market forces will decide JAKS share price. Assuming the Vietnam PP profit is real at RM160m per annum. The risk to the down side is limited at current price. I noticed the short seller has ceased short selling below 0.55? I have yet to check latest. Up side, depends on market forces.


Bgt 9963
2923 posts

Posted by Bgt 9963 > Jun 20, 2021 1:21 PM | Report Abuse

Good luck....!


Sslee
6435 posts

Posted by Sslee > Jun 20, 2021 3:59 PM | Report Abuse

Dear all,
Draft question for coming JAKS AGM.
Refer Chairman’s statement page 12: For FYE2020, the Group achieved revenue of RM251.0 million and a loss before tax of RM110.3 million. The losses for FYE2020 were mainly attributed by the lower revenue and impairment provisions but offset to some extent by the recognition of RM89.1 million gains arising from the disposal of a subsidiary.
Page: 67:
Impairment loss on:
- Goodwill on consolidation: RM 52,000,000
- Amount due from subsidiary company:
- Trade receivables: RM 25,862,099
- Other receivables: RM 45,331,965
Page 117: Included in other receivables of the Group are the following:
(ii) an amount of RM39,669,110 (2019: Nil) due from a former related company. The amount is unsecured, interest free and repayable on demand.

Question1: Auditor is it true that the disposal of 51% JIC to ICD for consideration of RM1.00 result in disposal gain of RM 89.1 million otherwise the loss before tax for FYE 2020 will be RM (110.3 + 89.1) = RM 199.4 million?
Question 2: BOD, how much of impairment loss on goodwill and receivables were the result of disposal of 51% JIC to ICD for consideration of RM1.00?
Question 3: BOD, what are the salient features of the SPA (Sale and Purchase Agreement) on disposal of JSB 51% equity in JIC to ICD for consideration of RM1.00?
Question 4: BOD, allowance for impairment of trade receivables: RM 25,862,099 and other receivable RM 45,331,965: Please provide the names of debtors, amounts owed, reasons for the debts and any specific action taken to recover the debts.
Question 5: BOD, please explain will this RM 39,669,110 (2019: Nil) due from a former related company will be impaired like the RM 45,331,965 other receivables that are individually determined to be impaired at the reporting date relate to debtors that are in significant financial difficulties and have defaulted on payments.

Refer Chairman’s statement page 12: The Group is very pleased to inform on the commercial operation of the first unit of the two 600 megawatt coal fired thermal power plant in Hai Duong province, Vietnam that had commenced towards the end of fourth quarter of 2020 and the second unit had commenced commercial operation in January 2021, ahead of the scheduled completion. With the completion of the Power Plant, going forward, the Group will then be able to generate recurrent concession earnings from the power generation.
The inclusion of JAKS in the recent shortlist of companies to undertake the Package 2 (50MW) large scale solar photovoltaic plants (“LSS4”) in Peninsular Malaysia

Question 1: When JRB can expect the first dividend and amount from JAKS Hai Duong Power Company Limited and what is JHDP dividend policy?
Question 2: With JHDP generate recurrent concession earnings and providing recurrent dividend to JRB when will JRB expected to give dividend to its shareholders?
Question 3: JRB had without fail needed yearly fund raising exercise either thro’ RI or PP. Can the management promised the current proposed Private Placement will be the last fund raising exercise thro’ PP or RI?
Question 4: What is the total cost for Package 2 (50MW) large scale solar photovoltaic plants (“LSS4”) and the projected IRR?

Refer Page 67: Share grant plan expense: RM 17,052,975
Question 1: Since share grant plan/granting free share to director/management resulted in expense/losses to the company thus is not in the best interest of company and shareholders. Will the BOD from now onward forbid granting free share to director/management since it is in breach of Companies Act 2016: Section 213: (1) A director of a company shall at all times exercise his powers in accordance with this Act, for a proper purpose and in good faith in the best interest of the company?


awesome20
384 posts

Posted by awesome20 > Jun 20, 2021 4:02 PM | Report Abuse

last Friday volume sudden coming.. waiting for this Tuesday around 3pm to buy


makelittlemoney
183 posts

Posted by makelittlemoney > Jun 20, 2021 6:31 PM | Report Abuse

whoever listen to the big scammer DK66, sure lost kao kao..


Windy1974
404 posts

Posted by Windy1974 > Jun 20, 2021 6:34 PM | Report Abuse

sslee. TQ for including the dividend etc queries. Also, with their private placement annoucement, max 10% pp unless they have new acquisition? Hence, the other 10% only upon potential acquisition or top up 10% in Vietnam PP.
As for the free share grant. Yes, i agree. There should be performance indicator for free share. We won't want another Sapura Energy where all employees were told no bonus etc since company making losses but Tan Sri gave himself 100m!!!
Good that PNB actually interfered eventually. There's still hope in Malaysia.

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