both also success and intelligent business man, hope they work together to maximize their financial.

JAKs pipe manufacturing has been temporary cease operation since 2015.....and sold all the land to fund the IPP, either win or die situation, under this consequences the Ang so act wisely work together with KYY.

KYY share was force sold result from margin call, definitely making lose few million and still counting, KYY should act wisely work with Ang

the question would be whether KYY will public another article to justify his disposal...more drama

i guess this coming quarter result should be suck

弃水管抢发电 捷硕(JAKS，4723)两头不到岸?

tomorrow business weekly....

the kind of right issue, even you didn't subscribe won't lose anything in the next 1.5 year until the exercise restriction is expired.

@optimusprimeXV, it is not allow to exercise withing 2 years, and they price of right issue is in discount when they announce, where market price was 1.50 and the right issue is only 1.25....this probably is the main reason they held back the right issue submission and hope the price will go up after the good quarter result, so i estimate the result will announce earlier in mid of the month to boost up the price.

they need to price the right issue below the market price at least 20% above to attract investor subscribe, else the subscription would below 30%.

non of the investor should subscribe this right issue no matter how cheap it are, cause it will dilute the mother share price badly max 50% after over 2 years exercise restriction.

wow, KYY stop selling lah, it will fly to 1.5 easily if you stop selling.

KYY KYY, why cant you just stop selling....

@Ron90, dont forget kyy wife still holding 8%, so total is 23%.

@yewyin33, dont made up story...

i thought got white knight.....tomorrow bye bye

still have 23% shares...kyy how many "force sell" more....

only stop selling few days, then restart selling on last Friday....lol, amazing, who have adsorb all the share from KYY

pre-closed million guy shows up again, everyday buy a million of share during pre-closed...

wow, today drop a lot

wah, someone just sell 2 million, haha

up down up down normal lah, close your monitor and go to sleep, come back next week..

what is the good news leh

wait at 4:45, someone like to buy in last minutes....haha

it is a high debt company, during good time it still can sustain, but you should start to worry if you think economy is heading down trend

uptrend mode, 1.25 is just matter of time....i guess la...

@steady31, this has been repeated for last few day...haha

so far no more selling since 30-july as per announcement....

Check back the article of KYY as link below, it is quite true, he had warn people upfront that he got force selling and inform other the opportunity, he knows that the huge sum amount of shares force sold by broker would cause the share price tumble, the amount is just too huge to be digested by the market, and due to this, it create a opportunity for who are ready to go in with lower price. whoever believe in the company will definitely accumulate when it fall below RM1.15 because the price dropped is not due to fundamental, now probably some of them have gain at least 5%-10% and still counting....

http://klse.i3investor.com/blogs/koonyewyinblog/166344.jsp

but i do understand why article from KYY create outrage, he need to be more humble when interact public via media, or create a filter before publish those blog or comment.

both of them want to increase their wealth and growth the company, i don't see why working together is not an option.

@ks55, my opinion is different, KYY was once visit the vietnam plantation, i believe this trip was permitted by Ang, beside that JASK has financial issue and need funding, without KYY, the PP would not able to price so high.

moving forward, JAKS need more funding due to losing at property development and IPP cost, and the cheaper and efficient way to funding is through bursar, and KYY play an important role on this. if both of them could work closely than this counter going to fly to sky.....

falling star does matter, right issue does matter, legal case does matter, new contract does matter, relationship between kyy and Ang does matter, all are important, just my personal wish, Ang and Kyy could reach consensus to work together for the sake of company.....pray

@Ask_Check, after factor in all variables listed by you, what would be the fair value, mind to share?

the sentiment of forum change so fast, all the haters likes @pussycats, @goldenluck16, @targetinvest, @Beary all are MIA....haha, maybe they buy at price RM 1.1 before closing....haha

don't be so happy lah, maybe is only a small rebound only, KYY selling start on 20/7 and stop on 30/6, since them the price climb back slowly and steadily, so i guess will go back 1.2-1.3...unless KYY sell again...

@pussycats, don't be naive lah, syndicate are everywhere, it exist for reason, without them, you can't gain much and lose much, haha.....could you imagine how the market will look likes if only retailer buy stock slowly and conservatively...haha...we use them they use us, just don't be greedy and play safely.

@optimusprimeXV, indeed it is true, i once very skeptical when star media won in the 1st legal battle and the price is above 1.5.....but after it dropped below 1, without using my brain just keep accumulating, from bear to bull within few months...haha, i just follow the wing only...lol

KYY stop selling and promote this counter, successfully stop star media withdraw the money as per now, Falling Star handover soon, right issue postpone or cancel, so many good news still can't move the price, disappointed.

hopefully they announce the expected super good quarter result asap.

2 million is just too little and unable to push up the price, please pump more, at least 5 million per transaction

during the pre-closing, there is 1.1 million worth of share queued at price 1.07...........why don't they buy 1.06 instead, they can save around 12k if they buy at 1.06.....

@hng33, since Jaks fail to deliver as per agreed time, i guess the RM50 million could not be void just like this, but as per mentioned before, JAKS is claiming the cost of changes requested by Star media, JAKS expecting to claim around to 20-30 million, JAKs only own 51% so they just need to pay 10-15 million to Star media.

@bubu, the 1.04 queue is fake, there are 1.3 million shares queued at 1.04 before it was broken, but only 0.78 million shares transacted at price 1.04, this mean that around 0.5 million of share were cancel when price plumed to 1.03......

Beary go away, annoying fellow, what is your intention hanging here if you have no interest in this counter...go go go, i understand that you had made loss in some counters called by KYY, but does not give you the right to insult and harass others, please growth up and move one, there are 900++ counter you can invest, warren buffett has been cheater by his friend before with inaccurate information, he admit the mistake and growth stronger and move on...be an adult, a gentlemen like others.

when i saw someone queue buy at certain price with 2 to 5 times of the sell queue amount....very fishy, seems like want to lure people buy up....

to many hater and conspiracy lah, but there are few super good news
1. KYY stop selling..yeah!!!!
2. Star media law suit appeal success, next hearing at end of september.
3. Selangor more water piping and water plant contract soon
4. right issue defer further, might cancel or change.
5. power plant new progress photos have been uploaded, check JAKS website.

so many good news since last week Friday, not sure how the market react to it....but there is a bad news as well, a lot of hater who making loss in HengYuan are felt betray and launch personal attack to KYY. my advice is just report to SC lah. There are so many i3 forumer share share their experience and promote their counter, like calvinTan and etc, hater can also report to SC if you felt any blogger cheat you. but just bear in mind, if you making loss, blame no one except yourself. because you are too stupid to get cheated.

seems like most of the hater here were follower of KYY but making loss in HengYuan and JAKS,.......

@pussycats, just curious how much you lose in HengYuan, Jaks or stock after follow KYY call?

it is not about the content, i am happy to see different POV and im not in the position to judge any one or story here... but dont spam with same content, copy and past, past the link enough la, dont create new account and spam this forum lah

they are few of them keep repost same contents with 20- 30 lines at commend section. not good pactice. some keep create new account to harass other. some control require as some has abuse

4 suggestion,

1. limit the number of word in comment section, dont let them spam
2. limit the number of posting in comment 20 per day.
3. for new restered user, no comment allow for at least 3 month.
4. one user per IP.

im not complaining the your stance, im complaining the methods use to complain others.

no matter how good Obama did, they still got hater and critics,
no matter how Stupid Trump is, they still got supporter and praise.
celebrities is just a easy attack target from any one from different aspect...but please respect each other and raise you frustration to other in a civilize way and don't overdose.

at fist i thought Protasco is the worst forum in i3 so far i have seen, i am totally wrong, Jaks forum is 100 times worsen. i had press report abuse on protasco attacker (senseless) many many times but no action has been taken....if this continue without certain measurement been introduce by I3 Administrator, soon or later all the wise man will abandon here and move on.. only left stupid day trader condemn each others.

i am bias, no doubt about it, but please be minded, you are bias too if you think opposite, only one guy is not bias...............................TIME

don't get me wrong, i am not KYY fan or supporter, i am just an investor, i like this counter because i found that it is oversold and company is heading to recovery mode. once they get rip of the property development division, that is the turnaround point which i think very soon, i purposely went to the falling star site, it seem likes going to complete within 2 -5 months.

all are here to make profit, the only different is the strategy use.

some promote the company to boots the price then sell to you
some curse the company and attack KYY so that can buy low from you.

at the end, all are just same and believe in this company....haha