Flashing bullish buying signals. Positive momentum.

Major milestones

Stable is good.

Load of bull crap, promoting palm oil.

I think already stable, will move up.

Once it's run, hydro the cheapest.

And currently those assets already churning steady income for past few months. Their account will be consolidate with JSB once the acquisition is complete, which I expect by 1st quarter 2024.

This is the best business to be in. I would say, zero risk. Sabah already hunger for electricity. If you been to Sabah, you would know they are not enough power. JSB has long term contract (21 years or more) with fixed rate and formula to pay their operation, financing cost(sukuk, depreciation etc) and make lucrative profit ( pls study Mega First Corporation Berhad). Investor, invest on JSB not SESB. States government want to take SESB from TNB in the future. So writer completely wrong on second part of write up. If not viable, sukuk issuer which has more rigid conditions won't release the funds.

Metaverse, who wrote that? SESB own by TNB (i think 75-85 %) and smaller shareholder is Sabah State Govt. At the moment electricity in Sabah subsidised by State and SESB. True, they have to purchased at higher rate from some producers. That why they are looking at cheaper and green energy. They started this initiative long time ago, but only JSB managed to delivery it.

Absorbing

Attention seeker, you don't even understand what happened in the first place.

Don't think will happen again. I'm sure they will patch up any weakness.

Nothing to do with politician

2024 is the year, JSB will perform well and better than the previous year. All the significant milestones achievements and results will come in.

Press Statement: Jentayu’s Fundamentals Remain Strong
.

Jentayu Sustainables Berhad acknowledges that it has been a challenging week at the stock market, as we were one of several counters that saw a considerable reduction in price over the last few trading days.

We are firm in our belief that these price fluctuations are short term in nature, and are not reflective of the company's true fundamentals.

Jentayu is well on its way to achieve its target for sustainable financial performance with the injection of the run-of-river hydropower plant Telekosang Hydro into Jentayu poised to be completed by Q2 2024. We are pleased to note that Telekosang Hydro was fully commissioned in December 2023.

We are also on track as planned to execute the Power Purchase Agreement (PPA) for our RM 2.8 billion, 170 MW run-of-river hydropower plant Project Oriole by mid 2024.

As of January 3rd, 2024, regulatory authority regarding the power industry in Sabah has been moved from the Federal Energy Commission (EC) to the Energy Commission of Sabah (ECOS), and just today, Jentayu had an encouraging meeting with ECOS, bringing us yet another step closer to signing our PPA for Project Oriole.

These developments put Jentayu in a much better financial and commercial position than ever, and we are very optimistic going into 2024 as years of hard work are set to bear fruit in the first half of this year.

According to various press reports, our recent stock price fluctuations could be due to an unwinding of positions. This unwinding could have triggered forced selling of Jentayu shares.

We give our investors and shareholders every assurance that these developments neither affect nor reflect Jentayu's fundamentals which continue to grow from strength to strength, and will not deter us from being on track to achieving our goals for this year as planned.

We are humbled by the continued faith our long term investors have shown in us, and we remain steadfast in our commitment to being worthy of that faith.

Director also bought

JSB is a Phoenix, just like in the past will rise again higher. Study your chart.

My advise. Sell all other stocks and buy all beaten stocks. If you understand what going on, this is an opportunity.

When people lose money in one of their portfolio, they will sell other (even their good stock) to cover the 'hole', that what happened to few counters. It's an opportunity.

Alibii, owner didn't not 'sell' the project to JSB. There are no cash transaction. Owner inject his assets to his new public listed company. I.e. back door listing. Anyway, you can read all my past comments. Several respected Investment Bank and Research house already covered on this. Last TP if not mistake around RM1.30 plus.

I feel, not only Jsb but all those stocks hit hard by flash crash is worth the risk to buy especially there are no change in fundamental of the company.

Have a faith.

No worries. Fundamentally strong, unlike others JSB took 4yrs to come to this level/price. Bursa approval just around a corner.

2024 is the year of actions. Everything is in place. Fly high, will surpass previous performances.

Opportunity to add, during last week of 2023 when everything seems quiet.

Consider very good, able to control their cost. Look at their top notch management.

On 3rd November announcement. "Proposed Acquisitions has been submitted to the Equity Compliance Unit of Securities Commission Malaysia on 3 November 2023".

Perform within expectation. Consider this as part of development cost for a mega project (project of this size). If you read my previous comment, you will understand, the income from hydro can't be incorporated into the group, not yet.

Uncle go on read IB reports

Still solid. Those assets already producing recurring income. The issue here, the acquisition process by Bursa, probably need another month or two. So that need to be happen, before we can see the account of JSB can incorporate those income.

Holding well

https://www.dailyexpress.com.my/news/216722/jentayu-sumitomo-deal-boon-for-sabah/

One of significant milestone. They can benefits from Sumitomo experince in managing and funding mega projects. Their participation including representation in boards and shareholder.

Salient Points:
(a) Joint development and investment into the JSB’s Existing Projects

JSB and Sumitomo Corporation (collectively referred to as the “Parties”) have indicated intention to jointly develop renewable projects in Malaysia. These projects include, but are not limited to a 170MW hydro power plant project that JSB is in the midst of developing, and such other renewable energy projects being developed by JSB.

(b) Joint operation of company conducting business related to power plant projects

The Parties have indicated interest for a joint operation and management of the collaboration, through board representation, management committee and/or any such similar manner as may be discussed.

(c) Joint development and investment into other potential renewable power plant projects

The Parties have indicated interest to explore pipeline renewable power plant projects currently pursued by JSB. For these pipeline projects, the Parties may come into an agreement to jointly develop and invest directly into the Ordinary Shares of any potential project companies.

BanyakZhun, Good. Thank you 😁

Good recognition because Sumitomo vetting process is gold standard.

You won't go wrong with JSB, more upside. Bullish pattern for short and long term cycles.

Entering new phase. With giant Sumitomo, funding won't be any problem. Sumitomo has 100% success rates for all their ventures.

Warrant beautiful!

Stock about potential growth income. Jsb is solid. There are several Investment Banks reports on them.

Hope you all still keeping it.

MD bought 8.4 million shares. I think positive reversal is coming along with bullish signal.

Positive Reversal Potential

Strong momentum

Almost reached to the floor.

In oversold position

Peter Lynch, famously said ‘insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise. Especially if it come from Insider who buy once a while.

Getting better

Although slightly overbought, the momentum still strong and will recover fast.

Yes. Not now, wait slowly we will get there. The management is powerful, all professional. I suggest you do some research on your own. They have the best team, you can see they are different class.