KIV, huge CAPEX capitalize in Quarter 4 2018 for its poultry sector.
Maybe production and unit sales increase slightly as mention in the Q3 prospect, but still I believe coming, high CAPEX, high depreciation, low profit. Birds price not perform in Q4 18.

For flour business, overall flour not doing good as told by one of my friend who work in the flour sector.

Maybe there is deferred tax to cover its losses.

The expansion plan seem to be attractive, but is that worth to invest so much? and the yield of return only 2-3% per annum/additional investment sum(RM275Mil). Put FD better because low risk.

VS Q4 PAT only <RM15Mil, anyone have any idea?

DK66, this is just what I heard from XXX. It happen before GE14, before they invite Edra group was Mega First.
How true is that perhaps you can raise in Jaks AGM.

Posted by DK66 > Aug 10, 2018 12:12 AM | Report Abuse
CK Wong, if you are referring to something more recently, could you provide the source of the rumour ?

Rumour say Jaks approach Edra group to takeover power plant project.