Typical win a candy lose a house profile. Make up how many % of KLSE?


Icon8888 you will never get rich like this

Posted by hng33 > Nov 14, 2019 11:02 AM | Report Abuse

bought back jaks at 1.22-1.23

please don't ignore JAKS WB. Big money goes for mother. Small bullet buys JAKS WB. Support support ah

OTB. By 2021 cash flow should be stable? i am looking for JAKS to give dividend starting 2022. Of course, price should appreciate too. Not logic it shouldn't

My response to JAKS being dividend stock and not capital appreciation.
First of all, JAKS shouldn't be at RM1.17 if Hai Dong is a real deal at this stage of the constrcution. As stipulated by some about how much JAKS should worth. Eg PE10 so derives RM3-RM5 range. However, if all stocks would trade at PE10 or higher, then stocks selection would be as easy as 123 and you won't have a chance to buy below PE10 stocks then. Bear in mind they are many professionals doing full time and next time AI. Once the power plant operational, you would see JAKS income for next 25 years being DULL. Same every year. So, don't expect JAKS share price for capital gain once it's reach it's RM3-RM5 range. However, if JAKS is making RM230m a year but give 0 dividends, what's good for me? Even if i am a 1% shareholders, what benefit i get apart from the freebies i get from AGM?? Even if JAKS trades at PE1, so what? That's the reason why MUI Property, as company that was promoted by Calvin Tan just won't move. For me, i won't buy MUI Property even though i agree with Calvin Tan's analysis. What he missed out was the fact that the majority shareholder is an old folk who doesn't give a damn about this company. He is too old and too rich to care. Only way MUI could fly is when it's for sale and i foresee this won't happen until the old folk change his mind (And i am not in the business to curse his death)
I believe the most important factor to watch out for is management and not business sector or potential. Eg. Reach & Hibiscus both into E&P, and look at Reach share price now? I don't have a scientific method to identify good management but i reckon few signs of bad management.
1. High CEO salary (not for JAKS)
2. Keep taking loss making contracts. Because even company loses, someone could benefit (as far as i know JAKS stops?)
3. CEO being a minority shareholder and won't add position (ALP added substatially at market low. I am not sure whether it's a coincidence of such drastic price drop or it was engineered to kick out the 30% shareholder. If yes, i give credit for such successful coup)
When JAKS reaches RM3, what's next? For you, you can go and find your next 100% gains stock, but for me, i will keep it for dividend as i can't afford price fluctuation for my retirement. When i retire, i just need stable and constant income so that i could 1 day go Genting ahmoiing like Musang

deMusangking tomolo will hit 1.20?
Hi Musangking. I consulted my god. This is the answer.
The shaman said he sees big players are trying to flush out sellers at resistance level 1.18 - 1.21. If sellers done, price will go up. If sellers persist, price won't move. So, are you one of the big players? I just dumb dumb hold
BTW, musang out in Johor?

I wanna share with you my biggest success story (in term of RM gain) in Hibiscus as i foresee the same gonna happen to JAKS. Now, i am a minority shareholder in JAKS, JAKS turnover is millions of shares everyday, so i don't need you to buy to push up the price. I merely HELPING YOU!!! (Sounds familiar??)
Hibuscus. I bought roughly in June 2017 after Hibiscus announced they bought SSPC assets for USD25mil. I invested almost 50% of my allocation at an average price of 0.40 . In fact, not long after the news, the share price actually dropped instead of going up. Why? And why was i so confident and bought so much?
Well, my reasoning for buying was simple. Hibiscus acquired SSPC assets at wholesale price. They could recoup the USD25mil in 1 to 2 years time. Now, if you can show me such investment (Except MBI lah haha), i gonna sell my pants to acquire it. Of course, later i realise WHY the price didn't move initially and for good reasons. Many oil & gas people, including Shell people, reckon the deal won't go thru because Hibiscus was a NOBODY. They think Petronas gonna cancel the deal. Then, after the deal seems to go ahead, they were sceptical about HIBISCUS's capabilities. All these were valid factors for them and a lot of oil & gas people missed out the rally which started in September 2017 and the rally peak after one year in Oct 2018. I sold all my HIBISCUS on 8th January 2018 at 1.00. Whereas i had planned to keep 1/3 shares.
Why i say i think there is similiarity in HIBISCUS and JAKS? Well, when JAKS announced about the power plant project in July 2011, my first thought was, another con man...I believe my skepticism was mutual. Just look at how investment banks valued JAKS? Most using sum of parts and keep a watchful eyes over Vietnam power plant. Hence, JAKS price target doesn't reflect power plant income at all. Well, to be honest, if the power plant is run by JAKS and not CECP, then i won't have invested in JAKS substantially. So, same for HIBISCUS, lots of skepticism. So, credit to DK66 on the reports. I think JAKS power plant is a confirmed deal. Also, JAKS price pattern seems so familiar to me for period after September 2017. (I shared once that due to finger itchy, i sold in 0.60s and bought back 0.80s) To me, JAKS price goes up definitely good. Even if it doesn't, i am fine. Because i see JAKS as a dividend stocks. As a low risk, low growth stock, i reckon it's not unreasonable to demand 90% income payout as dividend. As i highlighted too, if ALP disagreed, we can replace him. He doesn't hold more than 50% of the company, so we can do something. Now DK66 predicted 30%@RM239m (EPS 0.37) Let's be conservative and assume dividend declaration of 0.20 per share. At current share price 1.17, that's more than 16% annual return on my money. Hey, i am currently buying property at 5-6% rental yield and YTLREIT gives me 7-8%. At 16%, i think you need to be a fool not to buy.
Well, then, you might wanna ask, am i buying? JAKS and JAKS-WB now represent around 40% of my investment. I am resisting my urge to add more. Never put all eggs in one basket. In fact, my hand got itchy and added 90k JAKS WB at 0.64 and 20k at 0.92
Good luck to all JAKS investors

OTB. Probably the way i write get people misinterpret too

Wow. OTB. I was giving you praise and you interpreted as bad mouth. End of my comments on you.


OTB Posted by Windy1974 > Nov 4, 2019 3:32 PM | Report Abuse

While I don't know OTB, I have heard about his infamous accuracy in stock pickings. Thank god for the guy stopped ranting here in this forum about his bitterness against OTB. However, he pointed 1 thing correctly. Anyone who followed OTB advises, their gain would be at least 20% less than his. That's because he entered first. But hey, that's his credit for either having such followers or syndicate behind.

Answer :
You have no reason to bad mouth me since you said you don't know me. It is better for you to keep your mouth shut.

Assume I started with RM 100,000.00 in 2013.
2013 - 104% ROI - My total value is now RM 204,000.00.
2014 - 61% ROI - My total value is now RM 328,440.00.
2015 - 129% ROI - My total value is now RM 752,128.00.
2016 - 22% ROI - My total value is now RM 917,596.00.
2017 - 87% ROI - My total value is now 1,715,904.50
2018 - (42%) ROI - My total value is now 995,224.60
2019 - 147% ROI updated on 31/10/2019 - My total value is now 2,458,204.00.

Windy1974,
What do you think of the aforesaid result ?
Am I infamous accuracy in stock pickings ?

Thank you.
06/11/2019 12:18 PM

I write this not to discredit or put down people who uses TA. In fact, the reason I tried to sell JAKS at 1.10 or 1.11 was based on previous resistance level of JAKS. At the end, TA is based on human behaviour. If JAKS price touched 1.11 many times and retrace, then the next time SMART guys will sell at 1.10. Indeed, you would have been correct many times just as those who sold JAKS at 0.90 range because the sellers were abundant just recalled back to last JAKS QR. What I wanted to highlight is that, if you know JAKS is worth RM2 or more, by using whatever TA, what would be your potential gains? In my sharing previously, 3k vs 90k? Even if you are right 10 times, still I would be better off in the long run. Bear in mind, you read chart but also same for big funds and market makers. IF I were market makers, I WILL use TA to flush out sellers OR induce buyers. While I don't know OTB, I have heard about his infamous accuracy in stock pickings. Thank god for the guy stopped ranting here in this forum about his bitterness against OTB. However, he pointed 1 thing correctly. Anyone who followed OTB advises, their gain would be at least 20% less than his. That's because he entered first. But hey, that's his credit for either having such followers or syndicate behind. At least he is not KYY. I despise KYY because he kept posting articles that's UNTRUE to lure buyers. For example, he claimed JAKS would have a good legal case against STAR. I believed him since he was supposed to be an expert in construction? Well, you all knew what happened right.
Also, his comments on DAYANG. Now, this is JAKS forum but I really wanna laugh at his logic why DAYANG gonna has more profit growth in future. If you read my previous comments about DAYANG, I have great respect for DAYANG boss and management. But from what I could foresee, DAYANG profit growth is limited from here onward. In fact they have done magnificiently well considering most other O&G stocks actually still making losses. But at RM2?
I have been in the share market for more than 25 years and I still consider myself an amateur. Probably I am just dumb, that's all.



ChoCho i agree with Mr OTB on learning technical charting. I started by investing on IPO stocks, blue chips, dividend stock etc. and got caught up for years. After i learnt TA, risk is greatly minimised, buy and sell points accuracy is much shorter and better profitability. It took me like 3 years to truly understand how to draw and interpret charts.

I write this as a lesson learnt to share with readers and also as a reminder for myself.
Last Friday i queued 100k JAKS to sell at 1.10. My hand was itchy and just wanna do some trading. My long term target for JAKS is minimum RM2. Then as 1.10 was taken up, i moved to 1.11 and was not done eventually. As we all know, it closed at 1.07. My plan was to sell in the morning and buy back end of day.
Now, if 1.10 was executed, i would have bought back at 1.08 or 1.07 for a net profit of between 1.6k to 2.6k.
The question is, is it worth it? We always believe we know the timing of the market. If anyone really so good, have you heard of full time traders? (Condition that they show consistent profit in 3 years) If i were greedy and believe it would drop further, since today T3, that's it. Psychologically, i won't buy back at anything more than 1.10. If JAKS reaches RM2, then i would have earned RM90k less.
Then, you would counter, sure RM2 meh. Of course not. But when i bought shares, i based on fundamental and that's how i put my target price. If your don't understand fundamental, then forget about reading this.
Moral. Discipline. Once you set a target and execution plan, stick to it unless the company's fundamental changes. I once had a painful lesson. Finger itchy and sold Hibiscus in 0.6 range and bought back 0.8. Yet i am trying to do it again last Friday. Human never learns from their silly mistake.

JAKS so boring so i am contributing my part. JAKSWB 0.64 me yang buying haha.

The show starts. I buying now

DK66,
Thanks and have been helpful. I presume Nikmon is in construction so he would know ALP & JAKS better. Honestly, I have asked about comments previously about ALP but I didn't recall any comments from i3. Well, I don't blame abundant of skeptics with JAKS or ALP past records. Indeed, I wouldn't invest in JAKS if it's not because of the Vietnam Power Plant. Even with the VPP, I won't invest if it's run by ALP. (No offense ALP)
Now, as a businessman, I need to give credit to ALP for securing a USD2B power plant and getting a 30% share holding at virtually 0 cost?? (DK66, please verify how much JAKS needs to put in OWN money? When I said OWN money, I mean exclude profit from the EPCC contract. To me, JAKS is doing nothing to get that EPCC profit)
If I were ALP, I would admit defeat and just sit back and let the Chinese runs the business. I am being conservative, assuming RM120m net a year for 25 years = RM3B. This is super duper conservative figures because the plant cost RM8B to build. 30% of RM8B is RM2.4B. Who in the right mind would use RM2.4B to earn RM3B in 25 years?
Assuming JAKS just become an investment holding company. Total net income over next 25 years will be RM3B. Assuming ALP only holds 20% in JAKS (I assume he doesn't use nominees, which I doubt), by doing nothing, he will have a net worth of RM600mil in 25 years time. I own around 0.7% JAKS shares and my share of the profit would be RM21mil over 25 years. That's almost RM800k a year. Not bad right. Yeah, you bet I gonna push ALP to distribute dividends and sit there and don't venture into anything else.
Honestly, I am not keen about JAKS venturing into solar power generation. The return is very slow. ALP please stop doing more investment and you would become top 100 richest men in Malaysia.
BTW, I asked about potential LAD because in my industry, maximum 10% LAD

Windy1974,

I m sorry to disappoint you. I can't answer your questions on the potential LAD. I believe even the management will not know the the final LAD for the pacific star until it is finally completed and handed over.

RM50m BG losses fully already taken up in 2018. No more losses from BG except that the Star is now claiming on Jaks' corporate guarantee.

Evolve mall has a book value of RM320m as at end of 2018. Management guided a market value of RM400m.

Evolve mall already completed, no further capitalization allowed. Further expenditures on the property will be taken up as expenses except if it is related to expansion.

Jaks has made provisions for LAD almost every quarters. I suppose already verified by the auditors to be sufficient up to end of the respective quarters.

Net asset per share as at 30/6/19 was RM1.47. The goodwill of RM148m is questionable and the potential addition of RM308m to investment in JV. Net effect would be additional RM0.25 to net asset per share.

Hope I've helped.

Thank you

-------------------------------------
Windy1974 DK66. Appreciate if you could help answer some of below for me?
1. Star BG RM50mil losses have been accounted for in previous quarter right? So, no more future potential losses from BG except potential LD from Star? Maximum 10% LD?
2. Pacific Star & Evolve Mall. Anyway to know the cost of these projects? Or book value?
3. What's the potential maximum future LD for this 2 project? Presume Evolve Mall's completed so more like operational loss?
4. Net asset per share for JAKS currently RM1.34? Any possibility being inflated figure? If yes, potentially how much?
19/10/2019 8:57 PM
19/10/2019 10:06 PM

DK66. Appreciate if you could help answer some of below for me?
1. Star BG RM50mil losses have been accounted for in previous quarter right? So, no more future potential losses from BG except potential LD from Star? Maximum 10% LD?
2. Pacific Star & Evolve Mall. Anyway to know the cost of these projects? Or book value?
3. What's the potential maximum future LD for this 2 project? Presume Evolve Mall's completed so more like operational loss?
4. Net asset per share for JAKS currently RM1.34? Any possibility being inflated figure? If yes, potentially how much?

Hi Sslee. Tq for highlighting what JAKS shareholders SHOULD be concerned. I am not an accountant so i can't provide financial analysis. As a businessman, i need to judge a company's reliability when i provide credit term and i would say that i might be quite good when my company's bad debt average less than 0.2%. While i don't deal with ALP i can't judge him, i am judging him from few things i observe and hopefully i am right.
1. Yes, pacific star and evolve mall is badly executed. Personally i have not been to both but feedback on evolve mall online is actually the mall quite good but no tenants. Doesn't matter whether it's wrong timing or ALP not really good at development, the encouraging sign is that ALP ACKNOWLEDGED and not taking up further projects and future of JAKS will be about Vietnam power plant.
2. On dividend. You can assure that I WILL raise the dividend issue in 2020 AGM. While i am not sure ALP exact shareholding (I mean his nominees shareholders), i am pretty sure he has less than 50%. If ALP not gonna distribute majority income as dividend, I will request for an EGM and me replace him as CEO. All shareholders rest assured i am more than capable to manage JAKS business when it's only Vietnam power plant. Just sit and receive incomes. I believe a 30 years old also can do. I will also take RM50k monthly salary only.
3. On ALP trustworthiness. From my experience, if ALP just wanna manipulate his power in JAKS, he doesn't need to increase his shareholding. By increasing his share holding by so much, only way he could benefit is for share appreciation. If he pissed off shareholders, it's only gonna be bad for him.



Posted by Sslee > Oct 18, 2019 7:51 AM | Report Abuse

Hahahaha,
DeMusangking, with ALP pure incompetent all his Malaysia projects are losing money and will continues to lose money (Will client trust JAKS when JAKS take his client to court and in reality: Pacific Star had commenced its operation in August 2012 with a GDV of approximately RM1.2 billion: Completion date: By end August 2016: Expected handover date will be in 2nd half of 2017: Expected to complete by end 2018: Expected to complete by end-2019. JPP is ALP life saver but even with a 25 years goldmine he will still waste it. Call me again when ALP start to give you dividend.

I would like to join too if can. I consider as a substantial shareholder too in JAKS

Repost what i said in Feb 2019

Stock: [CARIMIN]: CARIMIN PETROLEUM BHD
Feb 8, 2019 11:50 AM | Report Abuse
I write this post for the benefits of potential investors as i am into O&G business for over 15 years. If you are a speculator/gambler, well my advise is worthless. I lost 60% on JAKS as of now due to heavy promotion by KYY and hence won't want others to get burned just because this KYY claimed that he is a good Christian and just wanna help people. At 45 years old, i should have smelled the fishiness when someone claimed publicly how GOOD himself is.
Now let's get down to fundamental. KYY claimed he projected Carimin share price based on PE10. I fully agree with that valuation and I buy a company share based on PE ratio too. Now, the question is can Carimin make 20 sens for 2019 as KYY claimed? If you read his blog, he copied and pasted Carimin company profile without indepth analysis. I guess he is desperate after losing fortunes in JAKS and Sendai. Or he was just damn lucky in his previous few selections. I deal with all the topsite maintenance contractors eg. Carimin, Dayang, Sapura. If i were to buy any contractor's shares, it will be Dayang. Why? They are the best managed and cost effective TSM in Malaysia. Did i buy? Yes, not much because their volume is too small. I can't buy without chasing up the price which i don't like. Liquidity is my concern. KYY said 4 x 5 sens for next 3 quarters? That's a simple primary school formula which my 10 years old son also know. But does he know that the next quarterly report gonna be a loss? Why i said so? Cos, every year, TSM contractors only work from March to Oct. Why? Monsoon season lah why. KYY don't know? Then why he so confident? Well, i won't argue with his expertise in construction sector but when it comes to O&G, he should learn from me instead. OK fine you said, not 20 sens at least 15 sens then. Well, based on Carimin last quarter result, net profit margin was more than 10%. As i said, the most efficient TSM i know of is Dayang and even them can't make 10% in today competitive environment. I can only say, i ask Carimin COD for their POs and Dayang, 6 months also i am not worried. Have a look at Carimin previous annual reports and Dayang to get the feel. Company can't change overnight. Remember, apart from the right industry, the right management is important. Good luck!
As for Hibiscus, it's a solid company. My average cost was 0.40 right when they first announced they bought Sabah Shell. Why i bought then? Hibiscus bought Sabah Shell dirt cheap at RM100m with 8k-10k production. They could recoup their investment within 2 years or less. That was when oil price was USD20-30 when Shell can't operate profitably. I sold at 1.00 but regretted i didn't follow my initial plan to keep 1/3. Hibiscus is a good long term investment but not ridiculous profit like KYY claimed. Their profit is easier for even lay person to predict. Oil price & production. Current oil price USD50, Hibiscus will be overpriced based on PE10. Current price is justified at USD60-65 per barrel in my opinion and if oil can reach USD80 then 1.30-1.50. Well, how about future assets acquisitions?? Sure, but definitely not a ROI 2 years lo. If they can get ROI 5 years i already salute them.
Last. JAKS. The Vietnam power plant is an unknown. But look at how Ang Lam Poh is accumulating JAKS shares recently? Obviously he pushed JAKS down to get rid of KYY. Any business owner who sees potential in his own company would do that. Owner knows best, that's why you have insider trading restrictions. The owner has acquired 20 over million shares at 51 sens. Whereas Carimin shareholders were in a rush to sell. My recommendation to you. Carimin even at 0.20 is not cheap, Hibiscus is worth 0.80-1.00 and JAKS is worth more than 1.00.
Disclaimer. The turnover in JAKS is few millions shares a day and i am a minor shareholder and i don't need you to buy to push up the share price. I am just trying to HELP YOU :)

Have not commented since end of August after the quarterly report. I came in yesterday and read DK66 analysis. Good one. It's actually better than i thought because JAKS vietnam power income gonna be STABLE and CONSISTENT. Vietnam govt needs to do so because they require a lot of power generation in the next 10 to 20 years. However, as JAKS ALP highlighted, this is probably once in a lifetime thingy for JAKS. I shared before, reason for me to buy JAKS because it was CHEAP (supposedly at average cost of 1.55) and with stable income. Utility companies supposed to be BORING. Because their incomes are predictable. So, what should a utility company's PE command? Well, use Malaysia power sector as a guideline then. Definitely gonna be higher than PE10. Why? At PE10, it's a 10% return yearly. I would put in my grandkids savings at 10% stable dividend for next 20 years. Of course then, assume by then, JAKS being a utility company would pay out majority of it's earnings as dividends. I am happy to see JAKS cease the other operations and just happily being a utility company sitting there doing nothing and making RM150mil a year and give me my share of dividend. By getting my share of dividend alone i don't need to work liao and happily travel the globe.
Some positive development in JAKS. Glad to see that ALP conceded defeat in properties and stop doing more damage. Even if JAKS burns another RM20mil yearly for next 3 years, i can accept that blunder at current share price. As for STAR BG, why people still bringing this up? RM50mil is a gone case. Any outcome from litigation can only be positive from here onward. I was having doubt in ALP integrity when JAKS price plummetted. Being in business, i know that integrity of the captain is more important than any other factors. I like it becasue his remunaration package is reasonable. That's why i won't buy one of Malaysia bluechip where the boss makes RM200mil a year in pay. That's day light robbery no matter how good the business is. For those who still linger on ALP getting FREE shares, obviously you don't understand how it works and let's read up. If you don't bother to improve, don't buy JAKS. It's not for you.
Now, i write this article to encourage you to buy to shore up JAKS price. I am not helping you. But don't worry, my average cost at RM1.55 so you still got a long way to go before i dump my shares. Even when i dump, you won't know either because i yet to qualify as a major shareholders. But i can show off to tell you i own millions.
Now, this round uptrend is different. Share price moves in the afternoon. If share price moves first thing in the morning, you might get lots of gamblers who look at top page shares and buy blindly. Honestly, from my experience, you get better odds in Genting. If not better, at least you get free room and food. So, share that move in the afternoon might be accumulations. Seeing the volume, if it breaks o.88 sen, gonna reach new high.

Yes. About 1.40. I had 2mil+ shares. My average cost now around 1.20 since i accumulated W around 0.30. Still big losses but overall i am positive on shares investment. My biggest holdings are YTL REIT because i am approaching 50 and i can't take risk. REIT is good for dividend when i retire. Most important, i trust the integrity of YTL boss. The boss's integrity is more important than the company's industry prospect. Look at many oil & gas counters. I am in O&G. The problem is not the business but the person running it. I hope i didn't make a huge mistake by investing in JAKS because i actually considered it an utility play. Utility company income is stable and boring so i am not expecting RM5, RM10 which some are chanting. Utilities will enjoy PE16-20 range so i am looking forward to income stream from Vietnam PP. If ALP is not a crook, i foresee i won't lose money. RM1.20 is achievable. Anything more, it's bonus

I owned JAKS for almost 18 months now and it's a stock that punished contra players. Forum that's quiet suddenly become active just because JAKS is in top volume page. Typical traders mentality in Malaysia. Thank goodness there are not many day traders nowaday in Malaysia meaning that Malaysian are progressing towards either no money to invest or matured investors. I have lost tonnes of money in stock market and the question one got to asked him/herself. Did you learn from your mistake? It's ok to make mistake in life if you learn from it. Otherwise, you are destined to be a loser and loser always blame others for their demise. Such easy PE5 or 10 or whatever calculation and what's not. If stock investment is as easy as ABC, probably i would be billionaire by now. I spend average 5 hours a week on investment/finance related topics since i was 19 years old and i am still an amateur. Stop chanting and start reading if you wanna be an investor. If you wanna be a gambler, hey, you get better perks for going to Genting.

This morning, JAKS technically broken the resistance at 0.845. JAKS has turned positive technically. However, sellers are abundant from 0.85-0.96 range. It's not easy to break thru unless with big volumes like today. Fundamentally, don't expect upcoming quarters to be as good. JAKS shareholders can look forward to completion of power plant by mid 2020 that's all. The encouraging sign is that JAKS management is not taking further loss making construction projects. It shows me that they are not like many crooks in our KLSE who take advantage of minority shareholders. Feel more confident to be a long term shareholders

JAKS investors. I am a JAKS shareholder. I wrote 21 Feb urging JAKS shareholders not to sell cos an uptrend had established. The price was 0.62 then. I said for short term investors, sold nothing below 0.75. Now it's 0.82 and near many banks target price. So, what should i do and you? Well, i am a mid to long term investor, 3 years minimum and up to infinity if the business model could sustain. I won't do any selling till JAKS shows what they could deliver with the Vietnam power plant project. From my observation so far, ALP yet to convince me he could be the next Francis Yeoh. Well, to be fair, not many people can become Francis Yeoh. However, by pulling in such Vietnam deal for JAKS alone is no small feat. I agree with KYY that JAKS should eventually concentrate on Vietnam power business alone if he can't make money in constructions. So, i would judge how much JAKS is worth from their Vietnam income. Take note, utilities companies are boring because their incomes are predictable but they don't get value at PE10. Low PE is normally for companies with declining income or high fluctuating incomes. After all this bullshit, so should you buy or sell at 0.80? Well, let me share with you my observation. JAKS did 12m on 1 April and 3m 4th April. When i write this at 10.20am, 1m. What it tells me is that not many contra players in JAKS, if any. Second, as i monitor JAKS daily, i notice that JAKS seems to try avoid the top volumes page. For contra players/speculators, they like to view top volume page and blindly buys. So, my take is that the buyers are still accumulating at current level and not wanna flash signs that attract other buyers to chase up prices. In fact, I bought more JAKS W at 0.52 recently when it was to near term high then. It did drop back to 0.48 later. Why i didn't wait? Well, with the volume i bought, no point waiting when there were sellers. Then, you would ask, why JAKS W which is at big premium to JAKS? You are right but i didn't put my kids education fund into JAKS W. I suspect % gain will be better than the mother shares because not many W are available for sale. My guess is less than 10m is available. I believe JAKS would only face real challenge at 1.00 range. Now, i am a minority shareholder in JAKS and i don't need you to buy JAKS to push up the price. I am only helping you

Repost what i said. All. If you read my post yesterday i told you all not to buy cos Uncle KYY got 39m in hand. Don't get fool by the volume. As i highlighted, you need volumes to lure suckers in. It's so obvious, big buyer q then one shot. That one shot is your uncle KYY selling lo. Go check how much such one shot and you could tell how much he got left. So, please sell all yours and pick up later in the 30 sen region even if you got sendai. If no suckers in, KYY either hold on to it or sell or firesale price. He might need to do so with Dayang drop. My feeling is that his average cost is in the region of 1.20. Very close to it now and he will need funds. I am surprised with 3 IB downgrading Dayang at the same time. I suspect people in the investment world wanna teach uncle KYY a lesson because uncle KYY is too nice. He is helping Malaysian to become millionaires. Now, with the volume approaching 20m, i don't need you to sell or not buy to push Sendai lower. I am just helping you :)

Uncle is in trouble. With Dayang at 10m volume, no way he could exit. He is not pushing up indicates many sellers above 1.45. He needs to sell Sendai soon if Dayang falls below 1.30. I have my funds ready today after selling my Layhong. I am waiting below 0.40 Uncle

I was asking people who wanna go for day trade strategy to buy Dayang if open red and if green wait till +1 or +2. It's gonna close higher today. It's a day trade. May i know why i can't comment in Sendai forum?

why my posts in Sendai can't be posted?

why my post is not listed?

All. Trading play today. Buy Dayang if it's RED. If green, wait till it's +1 or +2 sen then buy. Dayang gonna close green today. It's a day trade

All sendai. If you want a day trading play, follow this strategy on Dayang today. If it opens lower, buy regardless of price. If it opens higher, wait till it's +1 or +2 and buy. Dayang will close positive today. This is a day trade with minimal risk. I am posting here and not Dayang forum cos it's full of silly Malaysian comments as KYY said. He is spot on on that comments about i3 commentators. That's the reason why Malaysia still a 3rd world country till now. Cos majority don't learn from their mistakes.

All. If you read my post yesterday i told you all not to buy cos Uncle KYY got 39m in hand. Don't get fool by the volume. As i highlighted, you need volumes to lure suckers in. It's so obvious, big buyer q then one shot. That one shot is your uncle KYY selling lo. Go check how much such one shot and you could tell how much he got left. So, please sell all yours and pick up later in the 30 sen region even if you got sendai. If no suckers in, KYY either hold on to it or sell or firesale price. He might need to do so with Dayang drop. My feeling is that his average cost is in the region of 1.20. Very close to it now and he will need funds. I am surprised with 3 IB downgrading Dayang at the same time. I suspect people in the investment world wanna teach uncle KYY a lesson because uncle KYY is too nice. He is helping Malaysian to become millionaires. Now, with the volume approaching 20m, i don't need you to sell or not buy to push Sendai lower. I am just helping you :)

All. If you got con by KYY once, you are a fool. (That's me) If you got con twice, you are just the typical stupid hopeless Malaysian (There are a lot). Let's not dwell on bitterness and learn from your mistakes. That's life. I made many mistakes in life but i am now better off because i don't repeat those mistakes. From PE perspective, Sendai is ATTRACTIVE at current level. However, i won't buy now because 1 simple reason. KYY needs to unload his remaining 39m shares. Put result aside, when supply more than demand, price goes down. From Sendai recent QR, i don't foresee much surprises in the next 4 QR at least. So, why rush in? Recent low was 0.455 and with 39m shares, and if desperate, you would easily see 0.30+. Unless it drops to 0.30, i won't rush in now. Sendai shares won't go down as straight line because in order to attract buyers, KYY needs to create volumes and price fluctuation. We just need to see a sudden drop in Dayang shares and KYY would need to liquidate Sendai to cover his margin call in Dayang. Anyone who knows a little bit about share market would know that with Dayang's daily volume, some operators are behind it and not long term investors. In order to exit, the operators need suckers to buy at an average price higher than operator's cost. It's easy to push up Dayang's price because at least 50% shares are NOT FOR SALE by major shareholders. Moving up is easy but getting enough suckers to absorb the shares at higher price is the trick. The more frequent you see an article on KYY shares, the more desperate he is to get suckers. From his recent frequent posts on Dayang, i guess he still has a lot on his hand. Good luck uncle KYY. I sold my Dayang at 1.07 with average cost 0.72. Post analysis conclusion was that i sold too early into the rally because i was just looking at earning perspective. But hey, no complaint lah and gotta thank Uncle KYY for shortening my target holding period. Dayang is a good share but not at 1.70 in 2019. In 2021 maybe. I will let you know if i foresee big jump in Dayang profits

https://www.thestar.com.my/business/business-news/2019/03/08/petronas-q4-profit-skids-21pct-cites-higher-costs-asset-depreciation/
For those amateur forum blabber who is fantisizing RM0.40 or RM0.20 full year profit. Like the infamous KYY said, shut up when you don't know the trade and people might think you know. What would you do when you are uncertain about future? Increase your capex and opex of course haha!! I have told my employees to spend wisely this year because Petronas gonna spend more due to uncertainty!!

damn.

Thank you KYY for me to sell all at 1.09

i don't know serba dinamik well enough to comment. But i feel uneasy knowing their background. Ok, no more comments. Not one that like to post a lot. Good luck and avoid getting con

I write this comments for those who are looking to invest in Dayang. If you are gambler/speculator, this comment doesn't concern you. There is a reason why Malaysian is considered the biggest dumb ass by international scammers such as love scam or police scam. If you read limited posts by me, then i would give myself credits of what KYY said recently about Carimin and Dayang. I have to declare that i am a Dayang shareholder and my average acquisition cost is below 0.70. While i am happy that Dayang is flying now, i just don't want potential investors to get con by KYY because i think this old man has become a ruthless syndicate con man after he lost his fortune in JAKS. KYY needs volume in Dayang shares in order for him to liquidate his position and exit with a profit. Dayang is a good company and i have great respect for it's boss. He is a man with integrity and hence i am holding Dayang long term and not concerned about short term price fluctuation. Don't believe KYY rubbish about how great the profit turnaround is. He is in construction NOT oil & gas. I am in oil & gas business. My advise to you potential investors, the worst is over for oil and gas sector but you won't see significant recovery till 2020. So, don't chase counters that has risen a lot otherwise you won't see much gains for at least another 18 months. Even with recovery in 2020, not all oil & gas counters will benefit. Mainly due to incompetent management or purposely incompetent management (you get the message) O&G counters who will benefit from 2020 recovery and i like and got holding. Dialog, Yinson, Dayang, Hibiscus, Sapura Energy. For dumbass, you can buy Carimin, Petra, Barakah, Sumatec. Good luck

I am a long term investor attracted by JAKS stable income stream from Vietnam power plant. Hence, i wanna seek i3 investors who have knowledge about construction industry. What's your comment about JAKS boss ALP? To me, that's more important then the prospect of JAKS business. So far his dealings seem reasonable to me but YOU would know best if you have dealt with JAKS before. Feedback please.

JAKS investors. Since i monitor JAKS shares daily, i suggest you not to sell at current price. Few reasons. 1 Almost QR time. A surge right before QR means good result and momentum will remain after QR. 2 It has creep up from low of 0.415 but most meaningful accummulations are above 0.52. Such sudden surge because it was a major resistance at 0.60 and only big volume could lure out sellers which aren't much either at 40m. If you sell now, you won't be able to buy back at current price. For short term investors who bought low, sell nothing below 0.75

I write this post for the benefits of potential investors as i am into O&G business for over 15 years. If you are a speculator/gambler, well my advise is worthless. I lost 60% on JAKS as of now due to heavy promotion by KYY and hence won't want others to get burned just because this KYY claimed that he is a good Christian and just wanna help people. At 45 years old, i should have smelled the fishiness when someone claimed publicly how GOOD himself is.
Now let's get down to fundamental. KYY claimed he projected Carimin share price based on PE10. I fully agree with that valuation and I buy a company share based on PE ratio too. Now, the question is can Carimin make 20 sens for 2019 as KYY claimed? If you read his blog, he copied and pasted Carimin company profile without indepth analysis. I guess he is desperate after losing fortunes in JAKS and Sendai. Or he was just damn lucky in his previous few selections. I deal with all the topsite maintenance contractors eg. Carimin, Dayang, Sapura. If i were to buy any contractor's shares, it will be Dayang. Why? They are the best managed and cost effective TSM in Malaysia. Did i buy? Yes, not much because their volume is too small. I can't buy without chasing up the price which i don't like. Liquidity is my concern. KYY said 4 x 5 sens for next 3 quarters? That's a simple primary school formula which my 10 years old son also know. But does he know that the next quarterly report gonna be a loss? Why i said so? Cos, every year, TSM contractors only work from March to Oct. Why? Monsoon season lah why. KYY don't know? Then why he so confident? Well, i won't argue with his expertise in construction sector but when it comes to O&G, he should learn from me instead. OK fine you said, not 20 sens at least 15 sens then. Well, based on Carimin last quarter result, net profit margin was more than 10%. As i said, the most efficient TSM i know of is Dayang and even them can't make 10% in today competitive environment. I can only say, i ask Carimin COD for their POs and Dayang, 6 months also i am not worried. Have a look at Carimin previous annual reports and Dayang to get the feel. Company can't change overnight. Remember, apart from the right industry, the right management is important. Good luck!
As for Hibiscus, it's a solid company. My average cost was 0.40 right when they first announced they bought Sabah Shell. Why i bought then? Hibiscus bought Sabah Shell dirt cheap at RM100m with 8k-10k production. They could recoup their investment within 2 years or less. That was when oil price was USD20-30 when Shell can't operate profitably. I sold at 1.00 but regretted i didn't follow my initial plan to keep 1/3. Hibiscus is a good long term investment but not ridiculous profit like KYY claimed. Their profit is easier for even lay person to predict. Oil price & production. Current oil price USD50, Hibiscus will be overpriced based on PE10. Current price is justified at USD60-65 per barrel in my opinion and if oil can reach USD80 then 1.30-1.50. Well, how about future assets acquisitions?? Sure, but definitely not a ROI 2 years lo. If they can get ROI 5 years i already salute them.
Last. JAKS. The Vietnam power plant is an unknown. But look at how Ang Lam Poh is accumulating JAKS shares recently? Obviously he pushed JAKS down to get rid of KYY. Any business owner who sees potential in his own company would do that. Owner knows best, that's why you have insider trading restrictions. The owner has acquired 20 over million shares at 51 sens. Whereas Carimin shareholders were in a rush to sell. My recommendation to you. Carimin even at 0.20 is not cheap, Hibiscus is worth 0.80-1.00 and JAKS is worth more than 1.00.
Disclaimer. The turnover in JAKS is few millions shares a day and i am a minor shareholder and i don't need you to buy to push up the share price. I am just trying to HELP YOU :)

Wc only makes more if Bunga Raya reaches more than RM1.70 and above. If i know where crude is going, i would have sold my wife and kids and dump everything into crude futures lo haha. Well, i can only say that being a material suppliers, i will have one of the best year in term of volume in 2018. Projects are back. However, margins more than halved. So, actual benefactors are only upstream players and O&G employees who make ridiculously high gaji. End my comments

Hi Hibiscus fans. I was the one that sold my holdings at RM1 after holding for around 1 and a half year and i stated why in my previous post. I have accumulated back my holdings in the last week, simply because the oil price seems to be holding at different level now. (higher) In fact, crude still heading higher from here i believe. Hence, Bunga Raya being an upstream player, will be an immediate benefactor. (You can see that the director also bought some recently from filing) I say, it's easily worth RM1.20 with current crude price. However, i am appalled and puzzled by why wc can sell at 0.40. Obviously, KLSE is a casino and not sure those wc people realise or not, they are only in money when Bunga Raya reaches RM1.40?? And that only till March 2019. With current price at 0.90, you can make more than 50% when it reaches RM1.40 and these wc people are happy to pay a premium of 0.40 for it. I salute them. Obviously, if you are smart Bunga Raya free warrant holder, you would have sold everything by now

This roughneck memang have all the timelines correct. Wonder whether he works in Hibiscus or SSPC? That's called insider trading and i bound to report to SC

Hi. i owned Hibiscus since they announced SSPC deal. I bought first at 0.29 and my average price was 0.40 as i have accumulated since. At the peak, i owned 6-7m shares. I sold all at an average price of RM1. I have been follower of this forum but first posting. Why i post? Ya, many gonna say i wanna press down the price to buy back. Suit you. I just wanna give my opinion to those long term investors.
At current price 1.06, i believe you would see PE of 12-16 for FY2018. Expensive? Probably not. Cheap? Definitely not. Why i know you ask? I could only say that i am in the oil & gas industry myself and i do know some info. Some here are trying to predict the upcoming profit by production x profit margin. While you are there, there are other associated costs you didn't factor in. At oil price above USD60, i predict the next 4 QR would make RM100-120mil the most. I initially targeted to make my RM1 price target by 2019 factoring oil price USD65. Am not complaining i make it more than 1 year ahead. You would know i bullshit or not by QR next month and for those who believe SSPC profits exceptional will know when Hibiscus account for it in May 2018 QR. Invest with your head and not your mouth! Good luck!