Margin calls on old man?? Somehow the disposal of land in usj one seems not exciting anyone or fund managers at all. Sometimes too hard and desperate promotion of this stock by the old man or some of his sidekicks here or elsewhere can be back firing, I think.

Just remember this: the ultimate goal of any stock investors like KYY is to make money, buy low sell high. When a person has already bought a huge amount of it and starts promoting it very hard to get others to buy or hold, we have to be very cautious, besides also the need to research on the fundamentals or future prospect of it such as JAKS. Stock market players are merciless, one need to sell it to realize real monetary gain. No buyers or fat Gujerati girls, how to make realize this goal?? Have seen all these after 40 years in stock market.

"For example- don’t sell Hengyuan, Eversendai and JAKS too early.
You must read my 3 articles on why I bought into Hengyuan, Eversendai and JAKS"

Comment: Please u go ahead and keep these shares for a long long long time if they are really that good! No need to keep repeating and writing how good these stocks are for so many times lah as it seems the investing public or fund managers are not listening or convinced at all. Tell people about them long after u have bought them?

I have got a bad mouth...ha ha. Price dropping.

Who is going on in this counter? Heart bleeding, alamak.

Now RM50 m jack pot prize for Grand. If some one strike it, plus millions millions RM in prize for Power or Supreme, at least RM 80m cash flowing out from Sport Toto. Ha ha

Even at RM1.49 the price is high. Due to lower EPS, hence its PER is still high at 14. RM2.40 is soon to reach.

Seems tough to go below rm5

I am not disputing that game changer thing
.

Not easy to sell Evolve Mall if u there and also the area around there to have a look. Citta Mall also sold off richest man in Asia Lee Kai Shing of Hong Kong much much earlier. Now property market is very soft. Once drops below 1.40, KYY will be in hot seats. From Bursa website, all his shares are under pledge to banks. Price seems not able to climb simply is that market knows about it, especially company fundamentals and risks or uncertainty or long gestation period associated with so called game changer (IPP business) and "fight" between major shareholders. Simply there is a huge "opportunity cost" and risks involved investing in it. As simple as that as i am disputing that game changer thing.

Welcome back, Apollo Ang!

Not easy for KYY to run this time, his shareholding too big, price will plummet in a free fall if he off loads in market unless there are many institutional buyers to it or sell it block by block to interested buyers off market. Not for retail buyers like us. All good or bad information about company are publicly known or priced in.

Talking about Apollo Ang, stock kingdom? Ha ha, he had gone into hiding!

Kyy investing in a company with very poor fundamentals with PE of 876 times, surely over priced. Then he said must not look just at FA but also business aspect. The only business that can improve it is IPP which is a far away in 2020s hope only. Meanwhile KYY has to hold tight to his 100m shares as there is no chance for him to off load now and market has not been responsive to the reasons he invested a lot in it. Hence the share price simply goes no where for past months!

Do not put all the trust on the words of PIC of IPP who is merely an company employee, he has to says nice things about project or Ang will wallop him properly and sack him.

Thanks SSlee. But today Starbiz shows PE of Jaks at 876 times. For it to go near 10 or 20, its EPS should be very very greatly improved or jumped and this is anchored on now on the realization of success of the so called game changer or Vietnamese IPP project . Personally think it is having a very long term hope with quite a lot uncertainties in it. Invest in a future hope, basically. Right, must assess own risk profile and appetite before invest in Jaks. What now with two major shareholders at loggerheads , seemingly so from the AGM.

Holding on well. All weak holders flushed out.

Assume KYY average price is RM1.3. But who will buy his 20+%? If to off load them in open market, the price of Jaks will nose dive quickly and immediately below RM1.3 or lower. Unless he can get Ang or other big buyer to buy his block in off market. Before, KYY always bought about 5% of less which makes it easier for him to take profit in open market when share price has appreciated very substantially. Today price is RM1.43 and if his buying price is RM1.30, too small price spread.

Super888, guess beginning may have some thing to work out Ang. Then Ang sees his threat by virtue of 20+% og okd man. Guessing only, ha ha.

Reading from what transpired in AGM, it seems (1) KYY and Ang are syrely not in the same boat (2) The 10% share placement at a discount is surely to parties friendly to Ang, and KYY knows it. Additional share purchase by Ang from the market in recent days also means Ang is seeing hostility in KYY. With this private placement done, Ang should have now consolidated his position and is able to out vote KYY in any EGM if it is called in the future. Even one vote majority is still a victory for Ang who knows his strong hold on the company from the ways he answered the questions from the floor and KYY. Ang will not allow KYY control the BOD or management, forget about his proposals to nominate some ones to oversees the construction projects. It is the prerogative of Anf as CEO who is not naive to rear a tiger behind his backyard and reporting his every love to KYY. Even KYY has one nominee in the BOD and he will be out voted every time. (3) Forget about the IPP which come on stream only in 2020s! More concerns are on immediate issues on the projects to be completed to avoid LAD costs and future earnings now till 2020s. (4) KYY is caught off guard this time. First he might have understanding with Ang on something and then seeing KYY increasing his shareholding, Ang could sense the threat and started to strengthen his position to deflect this threat and he has done it well, as i see it. Old man in the deep mud now, not easy to get out, though. Let us see the opera show ...

Price holding on quite well. Surely there are weak or speculative retail investors who are in and out of market quickly, a normal thing. To make good profit, need the patience to hold for a while. Very confident this time is on.

Seems price holding on quite well.

Merger and most valuable banking licence for mbsb is deemed no problem now from above announcement, tomorrow price will move up!!

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5464177

Proposed RM800m further borrowing looks not good to the investors.

RM5 now...something cooking up? Bonus issue or land development news? Naik naik, raya duit sikit ada, ha ha

Force lost money due to last two failed mergers. Once bitten twice shy, but this 3rd merger attempt will be a success. No such thing as once bitten thrice shy! Ha ha

Ultimate winners...TSVT and illegal gambling dens.

Desperate for money..,.. GST, Tourism Tax, "Evaders" of Income or Corporate taxes, "Sin" Tax (cigarettes and gaming companies lije dport toto can't run away).... apa macam ni!!

Borrow money to finance dividends or use operation profits generated to do it? Which is better, obvious, right?

Company to embark on a bond or debt issue (MTN) for RM800m to refinance existing loans and working capital. Think not a good news.

No matter what, their strong fundamentals (both P n L and Balance Sheet) are hard to dispute, perhaps. Think not really for for short term holding or speculation or trading. Personal views.

Stock Kingdom, yours is a fair statement. 122k shares done now. Wonder. May be the son (a young medical doctor) who took over from the aged father Tan Sri Low may be more aggressive and bullish in his management and things may change and done differently. Hope for the best.

Ang and KYY at war now??? Any idea?

Notice the trend for quite a while. Before closing, always a support to move it above 1.50+. But so difficult to go beyond 1.60 as overall market support seem not there. Let see how long this may continue.

Caveat emptor, invest at your own risk, no need to argue and get angry with one another. Read all comments here, some are good, some are not. Decide yourself.

By the way, 85,800 shares were transacted till now.

Lizi, a few months back Kenanga called "buy", now calls "sell"? Changed so fast. Can post their analysis report??

Stockmanny, that factory land for sale in the market for so long already, friends in a listed property said received sale offer for RM130mm+ only but no buyers yet till now as property market is bad.

Kyy said profit growth is important as one of his investment golden rules. Is it applied here for Jaks? Probably not. Waiting for the IPP to bear fruits in the far future? Risky business. Now he is really stuck and cannot get out as investing public and funds do not buy his story.

Dividends better than KFC coupons....ha ha

Duit raya kasi bini bini pun tak cukup...ha ha

Southern Acid is very good counter, with profitable palm oil business and hospital business (Southern Hospital) and risk free, sero debt and RM140m cash and 645 acres freehold land bought very cheap in early days and located in Kota Kemuning, next to IJM, SP Setia and Tropicana housing projects. After studying these, finally aku beli 3000 saham minggu lepas. Tak cukup duit beli banyak, raya datang, ha ha

Slow n steady. Big guys accumulating slowly and not alarming the market, so, 1 cent per day up is clever way....Force, what u waiting for for, beli lah, nanti kesal. Ha ha.

If merger is on, Force will bang his head hard against the wall, as he has missed the sailing boat. Even merger is not on, good to buy it as the dividend paid out yearly is all right. Force, beli lah besok, jangan tunggu tunggu. Jangan marah, kawan, gurau saja...ha ha

Ok terima kasih

G Boy, apa tulis itu dalam Bahasa Cina? Berita baik?

Look at latest yearly account today in Bursa, profit is increase 100% at RM57m compared last year. Missed the boat to buy it last year, alamak!

Force has missed buying the shares when they were low below RM 1. Now regret and bang his head against wall, but the price is holding strong and slowly going up. Buy now and still not too late lah, Force, it will be above RM2 as a matter time. Chua Ma Yu and my Chinese friend told also the Cold Eye are not stupid investors having huge amount of shares in MBSB. They bought it and keep silent. They are not like this KYY who make a lot noise and write a lot to promote any shares only AFTER he bought them to attract people to buy, like Liihen, Jaks, Xinguan, Focus Lumbers, a lot people now do not trust this KYY now.

Rebounding? Two legs are stuck in the mud , sinking below 1.50, many are crying already....