Jaks recover very fast

China market not crash, US market crash yesterday due to Trump stupid ban Euro policy and failure to deliver good stimulus. US no face? Will US continue to let its market crash tonight? Think about it...

China market recovered only dropped 0.5%. China control mkt, if China stable, US will recover strongly lah...China saves the market again...

S&P futures recover now in green from a drop of 3% this morning...

Per msg above, Sifu OTB busy buying jaks and other stocks...

China market stable... US now relied on China. If china market table, big recover today for US market due to Trump stupid speech yesterday...

Managed to grab some 76 sen and continue buying till 79 sen for today

I think the price bottomed at 76 sen. Mr Ang also cannot tahan price below 80 sen as i think his friendly parties will kena margin calls also,ha ha

Big boys play some wayang kulit as you can see sudden surge in short selling. Just like Dayang last year when it dropped from RM 1.50 to 90sen, then surged again.

Today drop is like monday lah, i also bought monday around 93 sen till 98 sen. Tue and Wed recovered. I sold some yesterday from RM 1.07 till RM 1.10 due to overbought. Just now bought back some again. No need to be too pessimistic.

Today big drop is due to short selling. Why short sell? Big boys or insiders short sell so that they can collect more as they made one round by pumping price to RM 1.40+, then using bad market sentiment excuse to dump dump then buy?

I think US market will stabilize and recover latter today

Yesterday, Mr Ang did not meet OTB but arrrange ikan bilis to meet OTB. Mr Ang so busy meh? He busy on margin call, shortsell or what? Jaks management still keeps secretive on power plant without disclosing more info to the public. Why

margin call again??? Luckily i sold some yesterday and now happily collect at 90 sen...I have overbought Jaks. Big boys press poor retail investors to sell buy short selling a lot Jaks shares or a lot kena margin calls?

Hope to hear positive update from Sifu OTB...

Dropped in oil price is good for Master as raw material prices will drop as well. The price is so cheap now...

https://www.cnbc.com/2020/03/09/dow-futures-fall-200-points-following-markets-worst-day-since-financial-crisis.html

https://www.reuters.com/article/us-global-oil/oil-jumps-after-rout-on-stimulus-hopes-but-price-war-weighs-idUSKBN20X02D

Nasdaq futures up 5%. Investors overreact and oversold. Tomo continue untrend.

I think KYY also loss money due to this crisis. All counters dropped drastically not only Dayang...

Market find a base and consolidate today. Same for HK market. Look like will recover very fast as this is not financial crisis but the way market dropped is like financial crisis.

https://www.enanyang.my/news/20200310/%e7%be%8e%e8%82%a1%e7%8b%82%e6%8c%ab-br%e7%89%b9%e6%9c%97%e6%99%ae%e5%bd%92%e5%92%8e%e5%81%87%e6%96%b0%e9%97%bb/

US Market also oversold and will recover strongly after Trump announce stimulus and tax cut plan. Trump cannot affort to let US Market to drop like this as this well affect his election...

Market oversold and recovered today.

Oil price futures recovered. This morning dropped 30%, now dropped about 18%. Today Asian market already priced in oil price to drop 30% and US market to drop 5%. If US tonite, not dropped as bad as expected, Asian market will recover tomorrow..

Today bought too much. Just bought 97 sen. Tomo buy again. Today turnover of 6.2 billion shares traded perhaps are highest in Msia history.

Some big boys kena margin call...

Most small cap stocks already dropped more than 50%, how much still can drop?

Today and tomo are good time to buy stocks. When market crisis and extremely bearish, TA not relevant but FA is more important. Warren Buffet famous theory will be more relevant...ie Be greedy when others are fearful......Just my humble view

Today queue whatever shares also can get. Perdana is good buy also as it drops over 40%.

Jaks will not limit down like Dayang. Investors just find excuse to dump Dayang due to oil price clash. Also to press KYY to sell

Just bought RM 1.04, warrant 71 sen. Hard to believe

Today is good time to buy. Be greedy when others are fearful. This theory look easy, most people no cash to buy.

limit down again. KYY kena margin call again

Dayang limit down. KYY kena margin call again. Jaks price is more resilient if compared with others.

I have too much Jaks in my portfolio. My fingers are itchy just now, bought some for contra or short term investment...

Short term is pump and dump. Overall market is extremely bearish with so many sellers, even for jaks.

Agreed. Just ignore naysayers. It is so difficult to find good stocks and make money nowadays.

Enjin started again. Most investors also cut loss... Big boy sapu and push price up again.

Markets in HK, US seem to be stabalizing. Bursa will slowly recovering as some small cap starting to move. UZMA should recover strongly as price not yet reflected recent contracts secured..

Markets in HK, US seem to be stabalizing. Bursa will slowly recovering as some small cap starting to move

KYY bought the shares of Master?

Agreed they will squeeze all first. Most likely they will not abandon ship as paid up capital is small and company has been making good profit and very low PE. Potential dividend and bonus shares coming...

From Public Bank Analyst report extracted as follows:

We understand that the completion of its first unit which was initially thought to be by end-2019 is now postponed due to Covid-19. The commercial operation date (COD) is now targeted for 3QFY20, from 1HFY20 earlier. As such, we revise our FY20/FY21earnings downwards by -41%/-29%.

https://klse.i3investor.com/servlets/ptres/54525.jsp


....This info contradict to Probability update earlier?

Thank you Sifu. Most I3 in this forum also bought and hold Jaks shares. That is not suffice. Jaks shares have high liquidity and needs these IBs research to reach out more investors and funds to buy, then only can reach the target price by DK66 and OTB faster...

Hi Sifu OTB, per your update above, will there be analyst briefings by Jaks mgt next week or they just meet you only? Thanks

In view of this, COD will only start Mid May 2020. We still need to patiently hold shares about 2 months...

Dear Probability and DK66, based on update above, "Expected in the period from 7-15.3.2020, unit 1 will join the grid for the first time", does it mean that they expect to start selling electricity period from 7-15.3.2020?


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January 2, 2020

https://baohaiduong.vn/doanh-nghiep/nha-may-dien-ty-do-truoc-gio-g-124...

Dự kiến trong khoảng từ ngày 7 - 15.3.2020, tổ máy số 1 sẽ hòa lưới điện lần đầu; từ ngày 1-15.4.2020 sẽ thử nghiệm độ tin cậy và trong khoảng thời gian từ ngày 15.5 - 15.6.2020 sẽ vận hành thương mại. Khi đó dòng điện của Nhà máy Nhiệt điện BOT Hải Dương sẽ chính thức hòa vào lưới điện quốc gia.

Tổ máy số 2 sẽ vận hành sau tổ máy số 1 khoảng 6 tháng"

....................

google translate of above:

Expected in the period from 7-15.3.2020, unit 1 will join the grid for the first time; from 1-15.4.2020 will test reliability and in the period from May 15 - 15.6.2020 will operate commercially. At that time, the current of the Hai Duong BOT Thermal Power Plant will officially enter the national grid.

Unit 2 will be operating after unit 1 about 6 months "

Dear Probability and DK66, based on update above, "Expected in the period from 7-15.3.2020, unit 1 will join the grid for the first time", does it mean that they expect to start selling electricity period from 7-15.3.2020?


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January 2, 2020

https://baohaiduong.vn/doanh-nghiep/nha-may-dien-ty-do-truoc-gio-g-124...

Dự kiến trong khoảng từ ngày 7 - 15.3.2020, tổ máy số 1 sẽ hòa lưới điện lần đầu; từ ngày 1-15.4.2020 sẽ thử nghiệm độ tin cậy và trong khoảng thời gian từ ngày 15.5 - 15.6.2020 sẽ vận hành thương mại. Khi đó dòng điện của Nhà máy Nhiệt điện BOT Hải Dương sẽ chính thức hòa vào lưới điện quốc gia.

Tổ máy số 2 sẽ vận hành sau tổ máy số 1 khoảng 6 tháng"

....................

google translate of above:

Expected in the period from 7-15.3.2020, unit 1 will join the grid for the first time; from 1-15.4.2020 will test reliability and in the period from May 15 - 15.6.2020 will operate commercially. At that time, the current of the Hai Duong BOT Thermal Power Plant will officially enter the national grid.

Unit 2 will be operating after unit 1 about 6 months "

Based on Probability and OTB info above, the expected commercial operations are 3 Mar 2020 which is today. Any update on this?