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2018-12-04 01:18 | Report Abuse
Hello teacher, Uncle Koon is not YTL. Uncle is a portfolio investor in Jaks (albeit with bigger stake than CEO)
He has no interest in running the company. He makes his money he cabut
You can't compare him to ordinary Controlling shareholders like YTL
Posted by apolloang > Dec 4, 2018 01:15 AM | Report Abuse
u go look at all reports and tell me which stock,the top 3 shareholders only hold warrants and without any mother shares at all.anyone with the calibre of uncle not the pariahs.....hehe
Post Reply Back Page < 309 310 311 312 313 314 315 316 317 318
2018-12-04 01:15 | Report Abuse
You are talking like a primary school teacher
Posted by apolloang > Dec 4, 2018 01:12 AM | Report Abuse
have u ever saw only a shareholder in all warrants listed in bursa? can he privatise warrants? who so stupid to mop up all then wanna sell to who?
2018-12-04 01:13 | Report Abuse
Who is going to sell ? Didn't I tell you 200 mil WR changed hand ?
Posted by apolloang > Dec 4, 2018 01:11 AM | Report Abuse
I know that but u think he can buy all the warrants? who gonna sell to him so much? even warrants up more than the mother in terms of percentage he won't recover his losses
2018-12-04 01:11 | Report Abuse
You are so so so wrong. I dealt with PLC bosses all the time, the moment they heard "warrants", their eyes light up with greed
Warrants are good stuff ah... it has leveraging effect, they all know it .....
Posted by apolloang > Dec 4, 2018 01:03 AM | Report Abuse
I never saw crazy rich Asians sold mother and switch to warrants. I saw puny punters only does that.1st is liquidity factor
2018-12-04 01:08 | Report Abuse
Because with warrants, he does not need a single Mother share mah. Didn't you see small ciku icon8888 swap all Mother shares to warrants ? Didn't you read my article that if 25 Sen can make 61 Sen, why do you need 80 Sen to make 70 Sen ?
And also , warrants are not everything, there are other things to buy.
Confused ? Think harder !!!
Posted by apolloang > Dec 4, 2018 01:01 AM | Report Abuse
he no need to sell all the mother in order to switch to warrants.he just need to sell half his mother stocks he already can own 50% of the warrants already.why he wanna sell all mother shares? can u explain that?
2018-12-04 01:00 | Report Abuse
Think harder. You are not thinking hard enough
Posted by apolloang > Dec 4, 2018 12:58 AM | Report Abuse
jaks mother share market cap now is almost 300 mil,warrants market cap likely only 60 mil, lost big wanna go search for small,like that how to make back?
2018-12-04 00:53 | Report Abuse
With due respect, I saw you as the one that is clueless of how the rich people operate
As evidenced by your unawareness (I have avoided using the word "ignorance") of what is going on
Posted by apolloang > Dec 4, 2018 12:44 AM | Report Abuse
u don't know how rich people play stocks,u mind is thinking the normal punters playing style
apolloang
10763 posts
Posted by apolloang > Dec 4, 2018 12:45 AM | Report Abuse
the rich and the poor play a different tune
2018-12-04 00:43 | Report Abuse
I have my own reason
But you can tell from the way I master all these details that I am unlikely be bluffing (that I have further details)
Posted by apolloang > Dec 4, 2018 12:38 AM | Report Abuse
y not reveal? u scared u become like khoshoggi ar? hahaha
2018-12-04 00:38 | Report Abuse
Until now you still don't get it
Pull out a piece of paper, put down all the figures
Look at them, think hard hard, stretch your imagination
All the answers are there
Posted by apolloang > Dec 4, 2018 12:31 AM | Report Abuse
if indeed uncle lost so much on the mother,how on earth he gonna make back that huge loss on warrants only? also warrants shares not so much
2018-12-03 22:47 | Report Abuse
I don't buy the margin call story
Can you believe the coincidence ? The rights went ex, and exactly within the few days, Uncle Koon was forced by margin call to sell his shares ?
Is that real forced selling or he is swapping to warrants ?
Come on lah ...
2018-12-03 21:30 | Report Abuse
I believe it is bull market
As I mention before, US is not serious about fighting a Cold War with China. They will reach an agreement
Furthermore I have checked fengshui. 2019 Ong me. Meaning 2019 will be bullish (otherwise how to Ong ?)
2018-12-03 21:24 | Report Abuse
Lock in 389mil pound sales
They own 70% so is 272 mil pounds
Based on 5.3 translates to RM1.44 bill sales
Plus the RM6 bil unbilled sales, total unbilled sales is now RM7.4 bil
Extremely good earning visibility over next few years
And of course, more BTR are expected to sign next year as they still have other pieces of land bank
2018-12-03 21:10 | Report Abuse
Excellent news. Provide earning visibility over next few years
2018-12-03 19:29 | Report Abuse
Of course he said so lah. He wanted to scare the Sochais to dump mah
Posted by Jon Choivo > Dec 3, 2018 06:42 PM | Report Abuse
He stated "desperate for financial help"
That does not sound like sell for money to subscribe warrant. Maybe im wrong.
====
Posted by Icon8888 > Dec 3, 2018 06:17 PM | Report Abuse
uncle koon sold 20 million shares to subscribe for warrants lah. You think really margin call ? stupid....
2018-12-03 18:17 | Report Abuse
uncle koon sold 20 million shares to subscribe for warrants lah. You think really margin call ? stupid....
newboy18 Uncle now also has money problem. Dunno lost how many million already
03/12/2018 17:10
2018-12-03 08:58 | Report Abuse
I know my numbers
Posted by CharlesT > Dec 3, 2018 08:57 AM | Report Abuse
Yr sweet dreams in Wa will only comes true when mother reach RM1.50 or RM2.00 or higher
2018-12-03 08:51 | Report Abuse
To be honest, I don't think your opinion below is wrong. But neither am I too excited about it. I just like the warrants at 25 sen so that when Vietnam's war ship bombarded China oil rig (because Trump guarantee to the Vietcong that it is ok to do so) , I only have 25 sen to lose, not 50 sen
of course I know WA is expensive from conversion premium point of view, but I can live with this temporary anomaly
because I think it is worth RM1.80 ultimately
Posted by CharlesT > Dec 3, 2018 08:46 AM | Report Abuse
Anyway I think JAKS at 0.50 shall have limited downside by now...should bet on mother io WA at 0.25 at this level
2018-12-03 08:47 | Report Abuse
oh I see... you misunderstand me...
I didn't switch 1 Jaks at 0.80 to 3.5 WA at 0.25
I switched 1 jaks at 0.80 to 1 WA at 0.25
Posted by CharlesT > Dec 3, 2018 08:43 AM | Report Abuse
Losing 0.25 in WA is better than losing 0.50 in mother?
Same same 100% loss loh
Unless u reduce yr total exposure in JAKS/JAKS-WA
Dont tell u u sell 1K jAKS at 0.80 and switch to 3.5WA at 0.25 and then u will lose less loh if JaKS go Holland
2018-12-03 08:38 | Report Abuse
I have a totally different observation.
DK66 is a sincere gentleman
He doesn't say what he doesn't believe.
2018-12-03 08:07 | Report Abuse
LOL that is very true, now come to think about it
2018-12-03 06:23 | Report Abuse
I notice many people finds it difficult to decide on jaks because they fear downside risk. Even our friend investor999 (who I notice is a rational thinker), worry about "losing money". But once you realise that it is merely paper loss , then the whole situation becomes much more easier to understand and decide
Just buy and dumb dumb hold IF you believe in Jaks prospects. I think both Mother and Son are good at this level
2018-12-03 06:13 | Report Abuse
Thanks dk66 for your advice. Likely I will subscribe in full
2018-12-02 21:43 | Report Abuse
DK66 what is your opinion ? Should I subscribe for the rights at 25 sen or should I wait for them to be listed with hope of collecting below 25 sen ?
2018-12-02 21:43 | Report Abuse
When I said in my yesterday article "But I decided to hold it anyway", I was referring to my decision few months back to continue holding my shares despite my belated opinion that the price might crash.
When I said in my today article "Uncle Koon is not the only one selling his Jaks shares. I did the same on 21 November 2018", I was referring to my decision to finally sell those shares (that I have been holding since few months back) and swap to warrants.
There is no contradiction lah. You really should learn to be less paranoid about people cheating you. It is not healthy. LOL
============
KLCI King Yesterday said HOLD, now said SOLD, so contradicting!
So, which one is rubbish? Which one is a lie?
Today Icon8888 said:
Uncle Koon is not the only one selling his Jaks shares. I did the same on 21 November 2018 after the Rights Issue has gone ex. Subsequently on 22 November 2018, after the rights were listed, I bought more at 6 sen.
Icon8888 wrote below yesterday:
I have predicted Jaks price collapse a few months back (belatedly after I bought it. But I decided to hold it anyway, albeit at curtailed exposure). I have given hints in this forum before about that, which I will dig out in the future to substantiate my claim. So far everything that happened matches my expectation and prediction.
https://klse.i3investor.com/m/blog/icon8888/184703.jsp
02/12/2018 20:40
2018-12-02 15:45 | Report Abuse
he has few days to do it. Not immediate
2018-12-02 15:42 | Report Abuse
you find this kind of concept alien because you have not really played big in the market. When you grow older and nest egg becomes bigger (in terms of actual money). Many of the things will begin to make sense.
2018-12-02 15:41 | Report Abuse
if your portfolio is RM100K, you put 50% of your money in one stock, that is RM50k.
Is 50% big ? Yes.
But is RM50k big ? Nope. Most Malaysians can afford to lose it.
However, if your portfolio is RM100 mil (just an example, not to say that I have it), 15% of your portfolio translates into RM15 mil.
In Malaysia, RM15 mil is a lot of money. It is an amount that I will hate to lose.
So, when someone say he goes big into something by punting 15% of his portfolio, there is nothing contradictory in that statement
Is that so difficult to understand ?
===========
Jon Choivo That is a very interesting way of looking at risk management.
One thing i've always found interesting is how veterans here often say they are going in big, and it turns out to be 15% and now 4% of portfolio, which is probably not what the average retailer considers big, but speaks a lot about the experience of these veterans ability to manage risk.
2018-12-02 10:24 | Report Abuse
No, he is not. I dare to speak on behalf of him because I have the same view as him with regards to Jaks. So, I sort of understand him. DK66 is just speaking sincerely out of his heart how he feels about Jaks (based on positive feeling of Jaks). This is exactly what I have been doing all this while. It is just that when disbelievers see what we say, they will immediately think that we have ulterior motives
In a nutshell, the colour of the glasses you wear determine the colour of the world you see
CharlesT I hv been thinking abt this for sometime..DK66 are u a pro promoterin jaks?
02/12/2018 09:40
2018-12-02 10:07 | Report Abuse
No. I just want a limited exposure through the warrants. If I buy mother shares, my maximum downside risk is 50 sen. If hold warrants the max risk is 25 sen. I will ignore the conversion premium, etc and just dumb dumb hold warrants.
The situation is risky. Not advisable to move too many times
========
Investor 999 Good morning Icon8888 I agreed that you have made a right decision switching mother share to wr 2 weeks ago but thing has changed cos mother share price dropped to 0.500 now, do you think investing in mother at 0.500 is better than subscribing warrant at 0.25?
02/12/2018 08:43
2018-12-02 08:26 | Report Abuse
I bet with you a bag of gold for a bag of potatoes that the warrants will be fully subscribed.
2018-12-02 07:53 | Report Abuse
I am the only one in this forum that did not believe for a second that Uncle Koon is in trouble. I have never met Uncle Koon before, but I can feel how seasoned and smart he is. This is because I dealt with successful entrepreneurs all the time. I know how much thoughts they put into things they do and how far they are always ahead of the crowd. Uncle Koon is one of those people. He has everything under control.
2018-12-01 10:45 | Report Abuse
I have already anticipated you will say things like that. From day one, I already know you are a hopeless cynics that think everybody lies and con to make a living. I already mentioned in my article that I will provide irrefutable proof to substantiate my claim. Reserve your accusation of Canon behind horse until later stage when you actually see my proof. Now just be patient and wait
KLCI King People cannon behind horse when price up, they will get scolded for talking rubbish. This is first time I hear this kind of cannon behind horse when price collapsed.
Hard core rule in stock market is people buy share because they hope (not expect) price will up & sell/run when price will collapse. (LOOK carefully, not reduce but collapse!!!)
In Icon8888 case, he said he predicted, when one guy lose so much money, I really can’t understand the logic of such statement.
When the price drop more than 70% from the peak in less than a year, it is too much speculation & shit holes in it, no matter how sweet the talk, it is still sweet talk!
Icon8888: “I have predicted Jaks price collapse a few months back”
01/12/2018 08:56
2018-12-01 08:12 | Report Abuse
Murali is a very cautious person. Difficult to steal his capati
2018-12-01 08:01 | Report Abuse
Thanks bro . I take note of your advice
CharlesT Meanwhile put some eggs in AA/supermax/genm....dont be too obsessed with yr vietnam sweet lady...
01/12/2018 06:54
2018-11-29 03:30 | Report Abuse
Maximum bullish scenario for Jaks WA is RM3.11
2018-11-29 03:25 | Report Abuse
Jaks WA is potentially worth RM1.86
2018-11-29 03:00 | Report Abuse
燕雀安知鸿鹄之志
Uncle Koon is going to become so rich... so bloody rich...
2018-11-23 11:10 | Report Abuse
you got ah ? good loh, I am happy
Posted by Invest_Sensibly > Nov 23, 2018 11:08 AM | Report Abuse
Aikon, your lion face not yet changed? The Lionind you once highly promoted also drop like nangka busuk.
2018-11-23 11:08 | Report Abuse
I am not here to earn your respect
who cares what you think ? you think I am good or I am bad doesn't bother me. I not counting on your subscription money
stupid
Posted by Invest_Sensibly > Nov 23, 2018 11:06 AM | Report Abuse
Aikon, you don't action. Your stocks not perform well for many years liow.
2018-11-23 11:07 | Report Abuse
I subscribe to a certain conspiracy theory
but talk no use (telling myself), see what happens 12 months down the road
2018-11-23 11:01 | Report Abuse
only stupid fools believe that Uncle Koon is selling his WR
2018-11-22 16:54 | Report Abuse
Uncle Koon will be damn happy when he reads all the comments here
Anyway today has been a very fruitful day for him
2018-11-22 11:49 | Report Abuse
depends on whether you believe in conspiracy theory
Posted by SarifahSelinder > Nov 22, 2018 11:48 AM | Report Abuse
I con think Koon pun minat warrant ke ?
2018-11-22 11:47 | Report Abuse
Bought WR to subscribe. I am very bullish about the warrants
Stock: [JAKS]: JAKS RESOURCES BERHAD
2018-12-04 01:26 | Report Abuse
He needs to make one final grand exit mah
Just imagine the glory of donating RM200 mil to Utar and only then pass away peacefully
It is like John Wayne shot th bad guy and walk into the sunset
Damn shiok
Posted by apolloang > Dec 4, 2018 01:21 AM | Report Abuse
he make money he cabut due to his age not his wealth.he cannot hold for long term