why someone is posting a 2016 news ??

As Rosi can't vote, Only 18.4% is needed to block the deal. Of the top 30, which owns 78.5%, 10th to 30th shareholders own 15.4%, Only need another 3% from the balance 21.5% minorities. Rosi would have to give a very good special dividend to get the deal thru.

hng, there are people who don't believe in 100% profitable business model.....

tksw, if you do not even want to read the announcements, that is fine. KYY said jaks is sure to make RM400m construction profit.

tksw, vietnam project is a simple investment. There is no need to guess and argue baselessly. Your view is not balanced, making all the incorrect negative assumptions. Investors can just check up the announcements by the company on bursa website to verify my statement. The company already invested RM200m in the project and balance RM400m will come from the construction profit. Any further capital requirement will be funded by china power. There is no further capital need from Jaks.

Jaks is raising funds for its malaysian project, not vietnam. Vietnam power project already has funding in place provided by 3 big chinese banks.

tksw, i really suggest you do more research before commenting......

tksw, I suggest you find out more about the power project, including the guarantee by vietnam government, the PPA, and CSA agreements before commenting further. You should be more confidence after knowing that the project is well funded and protected from market risks including forex risks. Also, you will know that the project is guaranteed to make money. Then, you will not be so negative anymore.

IRR works on NET CASH FLOW (after costs).

http://www.investopedia.com/articles/07/internal_rate_return.asp

The recurring income amount should be RM9.6bn !

fast, the investment amount of vietnam power plant is US$1.869b. Using current exchange rate, would be RM7.9b instead of RM7.1b

Dayang announced MCM contracts award. Penergy will announce soon.

Everyone is here for a reason. Some are good, others are evil. Arguments supported by logical analysis will be respected, irrational arguments will be disregarded as junks. Investors are getting smarter now.

Those who bought 2 years ago already made 200%. Want to wait until 2020 ? Maybe another 200% profit gone.......

It is a US1.9b investment. Anyone thinks China Power is play-play ??

It is easy to see the risks in Jaks which exists in every business, but is anyone able to see the huge potential of Jaks' vietnam power plant ??

http://www.enanyang.my/news/20170916/%E6%B2%B9%E6%B0%94%E4%B8%9A%E4%B9%85%E6%97%B1%E9%80%A2%E7%94%98%E9%9C%96br-%E5%9B%BD%E6%B2%B960%E4%BA%BFmcm%E5%90%88%E7%BA%A6%E5%BE%85%E9%87%8A/

Chonghai, only 18.5% is enough to abort the deal.

RZL only owns 26% of TRIPLC. U think everyone else including his friends willing to be slaughtered ??

Mr Koon, are you prepared to cross the 33% line ?

Only a big special dividend can persuade the shareholders to agree to the deal.

Triplc is making about RM0.40 EPS, why sell at 7+ times PE to puncak and later buy into another business ?

It needs approval from 75% of the remaining shareholders, excluding Rosali, to get the current deal approved. Anyone think the deal can get thru with no special dividend ??

That is only if shareholders with total 81.5% ( including Rosali ) willing to waste the RM210m on buying a lousy business only to take advantage of the remaining minorities with only 18.5% shareholdings.

stockraider: REMEMBER THIS LOH...TRIPLC IS BOUGHT OVER BY PUNCAK AT RM 3.10 CASH PER SHARE....BUT MONIES ARE NOT PAID TO TRIPLC, BUT PAID TO ROZALI LOH...!! <------- Don't Understand this !

So soon !? Smart investors haven't collected enough !

Fast, Jaks investment in vietnam is simple and clear. Smart investors are not talking about it because they are still in collection mode. You are spoiling their plans including Rogers123's.

JJchan, I suppose you have already sold off your Jaks, otherwise, you would not be posting negative comments here now.

Rogers123, you are one of the very few that stand by Mr koon. With all the negative information above, why are you still so confident ?

Mr Koon, thank you for sharing your view on my question.

Mr Koon, as a businessman, do you think China-Vietnam tension is the biggest risk associated with Jaks ?

Mr koon, looks like Jaks is your biggest stock investment ever ?

Well said. Greed and courage are keys to successful investing.

I think panic selling is over....

I think investors are smarter now.....know what to listen......

Why so many bad comments, yet price still went up ??

or maybe they are planning fund raising....

The results maybe worse than expected......

Internet made minorities smarter with information readily available. So everyone can judge for themselves whether a stock is a gem or garbage. If this stock is a garbage, fund managers would have sold down aggressively. Those who see value and are waiting for the stock to become dirt cheap may be disappointed. In few days time, we will know if KYY is the one supporting the share price or someone else is buying ......

Sounds like everything has gone wrong with Jaks. Roger123 RM1.00 target may not be a dream.....

Roger123 is not telling anything on Jaks, because he wants to buy at RM1.00.

Roger123 is still buying......

hng33, why cut loss ? something went wrong with Jaks ?

It is lucky for KYY that KLSE does not allow naked short selling. Otherwise, there is so many people wanting to sell short here........

Without Vietnam power plant, Jaks is just an ordinary construction stock that failed to deliver. By disposing off its major land bank, Jaks is leaving property development business which is causing all the troubles now.

Investors Should Look at the Company's Business - Koon Yew Yin
Author: Koon Yew Yin | Publish date: Sat, 3 Jun 2017, 09:26 PM

Most investors are short term traders. They look at the quarterly announcements and the price charts but they do not examine what kind of business the company is doing.

For example, when JAKS reported losses in its annual accounts, most of the short term investors just dumped their holdings as if there was no tomorrow.

The RM7m LAD reflected in this Q2 could have already netted off the RM7m LAD returned by the government. Which means the expected RM20m LAD for 2017 could have all charged off.
管理层针对官先生的看法作出了回应。JAKS早前有两项位于彭亨和沙捞越的项目都提早完工及交付。至于一些无法预期完成的项目，这主要因为政府在土地收购及赔偿方面多次展延，与JAKS的执行能力无关。政府也在之后批准JAKS把完工日期额外延迟380-400天。此外，政府已退还高达RM7m的工程延误赔偿给予JAKS，这将反映在下个季度业绩上。

Jaks already contributed its portion of the capital. No further contribution needed.

tksw, all the financing already secured by CPECC from 3 chinese banks. Any shortfall will be the responsibility of CPECC to provide additional financing.

Just look ahead and see how much Vietnam's power plant can deliver once completed. Even by management estimation of US$150m, which i personally think is understatement, Jaks' 30% share is already RM0.40 EPS. It is almost RM200m ! what does few millions of losses now means ?