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1 week ago | Report Abuse
Lets see whether they will ink the agreement by this month
2 months ago | Report Abuse
I don't think there is a limit on how long they can delay, but taking more than 3 years abnormal. They have one more year. This time they only get 4 months extension. Maybe a signal that the deal is soon.
2024-09-20 10:56 | Report Abuse
Looks like it is happening again ! Before end of September.
2024-08-30 09:47 | Report Abuse
Looks like not going to happen this month ........... What is going on ????
2024-07-26 09:58 | Report Abuse
Proposal expected by next month. Insiders collecting.
2024-07-01 16:31 | Report Abuse
Only for my followers, I have bought back Jaks.
2024-06-21 15:16 | Report Abuse
Only for my followers, I have sold Jaks.
2024-05-31 22:31 | Report Abuse
No, the new boss who is going to take over SCGM shell and becomes a coconut company.
Safeld65
The new boss from Japan one?
2024-05-30 17:14 | Report Abuse
The new boss couldn't attend due to overseas flight delay.
2024-05-24 15:13 | Report Abuse
DragonG, I believe they do have coconut plantations in Malaysia and Indonesia.
2024-05-18 23:19 | Report Abuse
I strongly recommend investors think harder why the founders are selling their company at book value and become minority shareholders. They could have sold at book value plus RM40-60m for the listing status. This article could help - https://klse.i3investor.com/web/blog/detail/righton/2024-03-24-story-h-185587948-WHAT_AN_EARLY_BIRD_SHOULD_KNOW_ABOUT_SCGM
2024-05-18 16:23 | Report Abuse
If you agree that coconut business has great potential, you should not miss out the opportunity to get this one and only listed coconut company on Bursa Malaysia.
2024-05-15 19:01 | Report Abuse
like brothers, sisters, cousins, relatives and friends
2024-05-15 19:00 | Report Abuse
connected persons no need to report
2024-05-15 17:55 | Report Abuse
On the contrary, the sharks are buying not selling. The sharks being connect persons cannot subscribe for the PP, so they have to buy from the market when the pp subscribers were selling for a penny gains.
2024-05-15 17:13 | Report Abuse
Just think for a second why so many buyers in these 2 days and yet the PP was undersubscribed.
2024-05-10 16:52 | Report Abuse
You forgot to mention the receivables ??
2024-05-10 15:33 | Report Abuse
Stock: [JAKS]: JAKS RESOURCES BERHAD
2 days ago | Report Abuse
Only for those who have earlier followed my strategy "sell now buy back later" and sold at 0.19-0.20, I wish to inform that I m buying back now.
2024-05-10 14:32 | Report Abuse
Expected cash inflow in 2024 includes private placement 28m, JHDP retention money 69m, and dividend from JHDP 48m. Bank borrowings due for repayment in 2024 is 74m and 42m in 2025. Thus, positive cash flow for 2024 and 2025. Projected cash flow deficits for the following 4 years total around RM90m which is manageable thru refinancing into 2030 where huge dividend is expected from JHDP after its loans were fully repaid.
2024-05-09 00:09 | Report Abuse
Depreciation is a bigger amount as it is based on the entire cost of the solar project while loan repayment is based on the loan taken which may be on 60 -70% financing. In any case, the Bankers always play safe.
2024-05-08 23:58 | Report Abuse
Depreciation charge is a non cash flow item which does not involve cash payment. LSS4 is making losses due to depreciation charges but net cash flow should be positive and able to pay the loan principal.
2024-05-08 23:35 | Report Abuse
xiaoeh, the syndicated loan is for the solar project of which the bankers must have assurances that the cash flows generated from the solar project are certain to be able to service its loan. Therefore, the syndicated loan should not be a concern to Jaks especially when we are trying to determine the severity of Jaks' near term future cash flow deficits.
2024-05-08 22:31 | Report Abuse
Prior to the release of 2023 annual report, it was not known to me that there is a RM200m loan included in the total borrowings of RM500m. I was doing a cash flow projection of Jaks for the next 6 years before the JHDP loans are fully repaid. The future cash flow deficits are projected to be very severe and hence expectation of numerous PP and RI to deal with the cash deficits. If the syndicated loan is excluded from the cash flow projection, the severity of negative cash flow is substantially reduced.
2024-05-08 21:25 | Report Abuse
Alibone, I gave my detailed analysis to DK for comment. He agreed that the negativity of the cash flow deficit is alleviated substantially when the RM200m syndicated loan is excluded. However, he is still concerned with the collectivity of the receivables given the significant write offs in the prior years. Nevertheless, he agrees that the risk reward is attractive now and he is considering subscribing for the private placements.
2024-05-08 10:04 | Report Abuse
Definitive agreement will be signed by this month
2024-05-07 19:09 | Report Abuse
Only for those who have earlier followed my strategy "sell now buy back later" and sold at 0.19-0.20, I wish to inform that I m buying back now.
2024-04-04 16:38 | Report Abuse
Definitive agreement to acquire Eramas Global Group
2024-04-01 20:48 | Report Abuse
get ready for definitive agreement ..........
2024-03-24 13:01 | Report Abuse
The definitive agreement is very likely to be signed next month and submitted to the SC before June.
Stock: [AIRPORT]: MALAYSIA AIRPORTS HOLDINGS BHD
1 hour ago | Report Abuse
https://www.thestar.com.my/business/business-news/2024/12/25/investors-advised-to-accept-deal-for-mahb