New Chairman masuk, straight market cap jatuh 40%... malu wei. Baik simpan Chairman lama

@Michael Kwok "Usually share issuance or right issues coming stock will down."

This is not usual share issue or rights. It is ESOS. Maybe u r not familiar with corp exercises and implications. Normally directors will only do esos when expect share price going to perform. It is stupid to do esos otherwise, cos no one will take up the esos options, waste of time and money to implement. They also do not want to burn themselves n own employees. Monitor who the esos options granted to and you can deduce yourself.

@moneykj Not only Wu Wai Kong. See who joined BOD together with him this time. If you know who he worked for last time you wud know he is linked to big arab funds.

Big shareholder keep collecting so many shares.. something coming?

1. May I ask how did KYY arrive at the figure that JAKS will get RM400 million from the construction phase? I did not see it anywhere in the announcements. As fas as I know, CPECC has been appointed as the EPC Contractor. In KYY's own words "the Chinese JV partner undertakes the full responsibility to complete the construction". Even if they sub back some work to JAKS will it amount to so much (RM400 mil)?. Even if JAKS gets some EPC work is RM400 mil the total contract value or the profit? I doubt the profit can be such a high figure, so after costs, how much would they actually have left to fund their portion of the JV's equity?

2. I think there is some bad blood between JAKS and TS Rozali and by extension Syabas/Puncak Niaga (check past news and announcements to see lawsuit between them). Therefore, JAKS is unlikely to be a major beneficiary of the coming multi-billion pipe replacement program. If you want to play this angle, ENGTEX is probably a better choice with low PE, track record of profitability and much lower gearing levels. Also, worldwide, interest rates are on uptrend. Highly leveraged companies like JAKS will suffer.

3. As someone who has consistently railed about corruption and crony capitalism, I find it alarming that he would hold up YTL's IPP deal as a shining example of business model to learn and profit from.

Sounds like a prick

Core business already sold, income going forward will be much lower. Remaining 2,727 Ha is not substantial enough to capitalize on rising CPO prices. Even if plant up to 10,000 Ha in next 3 years it takes at least 4 yrs to fruit and 7 to reach optimum production. By that time CPO price might have come down again, it's anyone's guess.

Instead of wasting time arguing whether it is bad PR just do some research and it will tell you there is a global supply glut and panel prices have been falling. Mere bad PR will not cause a company to lose millions in market value, don't be so naïve (or lazy).

http://reneweconomy.com.au/2016/new-solar-glut-could-push-solar-module-prices-as-low-as-30cwatt-54970

http://www.bloomberg.com/news/articles/2016-08-23/solar-industry-braces-as-looming-glut-threatens-to-erode-prices

http://fortune.com/2016/09/14/china-solar-panel-production/