0.70 breached next target 0.73

Bull trap ...dun be a fool

Need to pass 0.70 to increase buying pressure

Sellers need to top up shares to sell ...

Big Lau Pan all collecting non stop

Opening 0.690 ...now

Opening Green 0.685

Energy play this week ...Brent Oil touch USD 51

Oil 51 ...BHP untung

Pharmaniaga should now get itself organised in anticipation of being the distributor of the coronavirus vaccine. The operation must not be messed up to allow the Ministry of Health and Putrajaya to take that monopoly away.

https://www.theedgemarkets.com/article/lot-plate-new-boustead-group-md

Bstead might have Great Announcement soon .....stay tuned folks

0.665 BUY in Q keeps adding UP ...dun regret those soldd at 0.67.....too early

looks like Seller tickets at 0.670 getting lesser

0.665 - 0.670 super busy now

Khatu pls sing and dance for us!!!

Shortists now bleeding profusely

Valuation of Jaks is still laggard behind it's peers in comparison .....

No No No.......Not today we have a Fighting Fund collecting BIG TIME! Buy on any DIP !

Push up to Closed at 0.70 is enuff to kill and bleed those shortists to death ....Dow is at all time High !

CPECC is a state-owned enterprise in China, whose parent company is China Energy Engineering Group Co Ltd. CPECC together with its subsidiaries are integrated power engineering service providers and among other things, involved in engineering, procurement and construction (EPC) projects, survey and design, and investment and operation for power projects. Besides that, CPECC has participated in the construction and services of more than 300 overseas projects worldwide.

Jaks has invested US$49.2mil (RM186.9mil) as of May 15 in the project, and as such is exposed to impairment risk if it is unable to secure further extension to complete the preconditions.

“However, we understand once the JV becomes unconditional, CPECC will reimburse Jaks 70% of its total investment. Historically, this risk has been mitigated by securing further extension to the financial closure deadline, which Jaks has been able to obtain from Vietnam’s Industry and Trade Ministry,” Affin Hwang said. The project will be funded by 75% debt and 25% equity.

Although the EPC work will be mainly undertaken by CPECC, Jaks has secured a US$454.5mil or 24% of the US$1.87bil Vietnam project for non-technical civil works. This will significantly boost its order book from RM700mil to RM2.44bil.

Looks like covering shorts now ...those stale bull and contra players may hv sold off any open position by now

The worst may be over soon

Buy on any DIP....soon the selling will turn to buying to cover shorts

3 days heavy bleeding ....time to heal

Desperado Seller strike back ! LJ also short nanti ...

Looks like 0.655 we have a winner collector

Those not related to Jaks ...pls dun be a Sour grapes and GTFO

Jaks fund fighting 0.655 and 0.660 - interesting Green vs Red team...ding ding ding

Karma will be fall those with ill intentions for self gain ....The Almighty will make sure of it ...

0.625 my entry point ...come to daddy

Most counters SEA of RED today....Jaks up up up

0.655 support2

Shortists heavy nosebleed if Jaks close green today

How much can you lose today ? Protect your fund or be slaughtered by the sharks merciless

Both Jaks and MFCB have notable similarities in businesses and risk profiles, hence, they should have similar valuation.

MFCB is currently trading at 11.5 times earnings of Don Sahong. Given the same PE ratio, Jaks should be trading around RM1.70 after it has acquired additional 10% interest in JHDP and the power plant achieved full potential.

Irrational huge seller Q at 0.660 - 8.2mil shares ...Big Bully ...lolz

JAKS has submitted a bid for 50MW in the LSS4 tender

The bid submission deadline for LSS4 had been reduced from six months to three months, PublicInvest said.

The tentative deadline for bid submission is August 29, while the shortlisted bidders are expected to be announced by END of this year.

PublicInvest said no reference price was disclosed this round.

The bidding price during the third rounds are between 17 sen to 58 sen per kiloWatt hour (kWh).

The firm believes the reference price for LSS4 would be around the same as LSS3.

Renewable energy (RE) has reached eight per cent of the energy mix, generated by LSS plants, Feed-in Tariff and Net Energy Metering developers.

RE generation in Peninsular Malaysia covers solid waste, small hydro, biomass, biogas, geothermal and solar.

Once SOLD non refundable remember that ...Buy and Hold

Possible if got insider news ...as always we are always the last to know

Legit newss ? Unless got positive announcement ......ermmmmm

Agree looks like Desperado Seller depressing Jaks today from 0.69 ...irrational !?

Khatu....u mean by 2.30pm opening 0.76...ok finger crossed lets see

Haha the more the Selling the more the Buyers happily collecting low

Collection range from Desperado Sellers

Today Energy counters mostly red....

Spring cleaning weak holders or contra players in progress ...looks like cant wait to SELL LOW ...hahaha .

Strong Accumulation range at 0.68

Management mismanaged and keeps missing cash untraceable and unaccountable.... that's why some says its just an empty shell to juice shareholders fund