add all margin in boustead plantation

bought Boustead plantation at 48.5-49.5sen

Add more Jtiasa at 72.5sen

Will buyback on weakness if Ekovest call for cash, right issue to raise fund

Awaiting for cash call, Ekovest need to raise significant right share if acquire 40% stake from IWH.

sell on news, locked handsome profit first

sold all ekovest at 64sen

Myeg is due to declare both final dividend and interim dividend

Add all margin to ekovest at 56sen

sold favco at 2.28-2.30

bought hohup at 44sen

China coronavirus vaccine may be ready for public in November

https://www.theedgemarkets.com/article/china-coronavirus-vaccine-may-be-ready-public-november

China coronavirus vaccine may be ready for public in November
https://www.theedgemarkets.com/article/china-coronavirus-vaccine-may-be-ready-public-november


Join COVAX Before Malaysia Ends Last In Queue For Covid-19 Vaccine: Experts
https://codeblue.galencentre.org/2020/09/15/join-covax-before-malaysia-ends-last-in-queue-for-covid-19-vaccine-experts/

Ekovest ready change color to GREEN

Ekovest already breakout resistance level at 53sen EMA20 yesterday, if today can stand above 59sen MA200 level, Ekovest share confrim reversal trend, bullish ahead of official participation in Bandar Malaysia

Open Tender just closed today for consultation on acquisition land for HSR

https://www.myhsr.com.my/tenders/kl-sg-hsr-project

Ekovest will DIRECT own Bandar Malaysia through acquisition stake own by IWH

Open Tender just closed today for consultation on acquisition land for HSR

https://www.myhsr.com.my/tenders/kl-sg-hsr-project

In a matter of few week, Ekovest will become Master contractor for Bandar Malaysia, billion award of contract value awaiting

Myeg, a key beneficial on current surge in online transaction and cloud business, e-government services, e-commerce, financial services leveraging on technology, blockchain and cryptocurrency as well as the online grocery business.

Myeg, also reward recurring dividend, final dividend 2sen + interim dividend 0.5sen = 2.5sen

bought bstead at 66.5sen

bought myeg at 1.39

Pfizer Inc and BioNTech initial target figure for the trial was up to 30,000 participants, which the companies said they expect to reach by next week

https://www.thestar.com.my/news/world/2020/09/12/pfizer-biontech-propose-expanding-covid-19-vaccine-trial-to-44000-volunteers

Pfizer Inc and BioNTech initial target figure for the trial was up to 30,000 participants, which the companies said they expect to reach by next week

https://www.thestar.com.my/news/world/2020/09/12/pfizer-biontech-propose-expanding-covid-19-vaccine-trial-to-44000-volunteers

sold lionind at 31.5sen

GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

Existing Jaks shareholder have absolute right to vote in favor or against right at 12sen in coming EGM. Will wait for clearer outcome after EGM and right price announcement before enter

sold back JHM at 1.64-1.65

sold back JCY at 76sen

Go go go

rebound

coming

sky is limit

add margin to JCY at 74.5sen

added all to JHM at 1.56

sold back inari at 2.12

JHM is ramping up automotive LED orders by 4x of normal capacity on customers’ request, backed by strong rebound in car sales. Furthermore, the group has also secured several new customers including one which is the biggest auto LED player worldwide with ~30% market share. In the industrial division, we also expect doubling of revenue from a US customer (specialising in signal test and measurement equipment) for FY20, thanks to aggressive 5G rollout = V shape type of profit,, sharp recovery in next Q result onward.

bought JCY at 70.5-71sen

bought inari at 2.06

bought JHM at 1.56

AstraZena will resume phase III trial in matter of time after adverse event solve.

Sell on technical rebound, as vaccine development still on track to release next month

sold back all supermax at 6.96-7.00

If indeed jaks-wb 47sen can compensated with new jaks-wb 1.5 for every 1, at least no so bad after jaks ex-right adjust down to 28sen

It’s illogical for exiting Jaks wb to get another free Jaks wb warrant at all

It is free to additional Jaks wb only if Jaks declare bonus share or share split, but now, Jaks is call for right share, and only those subscribe can entitle new free Jaks Wc. Jaks wb can covert to Jaks by paid exercise price 64sen to entitle right and free new Jaks wc.

As Jaks right share will lead to adjustment market price after ex-right to 28sen, current Jaks-wb is big loser.

However, Jaks wb will get offer to subscribe additional Jaks wb, 1.5 new Jaks wb for every 1 exiting Jaks wb at lower cost later ( should be less than Jaks right share 12sen) as the circular indicate no free entitlement to additional Jaks wb.

Dk

The Proposed Rights Issue with Warrants may give rise to the adjustment to the exercise price and/ or additional number of LTIP Options and Warrants B pursuant to the relevant by-laws and deed poll.
Any necessary adjustments to the exercise price and additional number of LTIP Options and Warrants B to be issued arising from the Proposed Rights Issue with Warrants can only be finalised after the Entitlement Date in accordance with the provisions as contained in the relevant by-laws and deed poll. A notice will be despatched to the respective holders of the LTIP Options and Warrants B in the event of any such adjustments.

There is no clause indicate that additional Jaks wb up to 151 million will be issue ‘free’ to exiting Jaks-wb holder. Previously, Jaks -wb need to subscribe at 25sen. I presume it still need to pay to get additional Jaks-wb, but with lower cost and exercise price also at lower strike price if compared to current 64sen.

The danger of current Jaks-wb is that only Jaks is entitle to right and warrant. As the right is 3 for 1, issue at 12sen, Jaks current share price assume retain at 78.5sen will be adjusted to about 28sen and hold 3 Jaks -OR which is sellable to market once listing in bursa for a week.

Imagining, current Jaks-Wb trading at 47sen, entitle nothing will be trade higher than Jaks price ?

Can warrant price trade higher than underlying price !?

Jaks-wb at 47sen will total lose out after Jaks ex trade at below 30sen. It is warning sign to Jaks-wb as they entitle nil to right and new warrant, only their exercise price get adjusted. Get rid of Jaks WB now before too late, the cash proceed can use to buyback Jaks -OR later to direct entitle Jaks right at 12 sen + free warrant. Take caution stand to Jaks wb to avoid unnecessary loss later.

Yesterday many was too excited on Jaks near completion first unit power plant that may generate million of revenue, without notice that Jaks have change its right and warrant ratio again to even higher dilutive than expected and slash even lower right subscription at 12sen.

1. First proposed 2 right + 1 warrant for every 4 share, issue at 40sen !

2. Second revise proposed 8 right + 4 warrant for every 5 share, issue at 22.5sen !!

3. Latest circular proposed 3 right for every 1 share, together with 1 warrant for every 2 right subscribe at 12sen !!!

The EGM will conduct on 24 sept, announcement entitlement in early Oct and listing in mid Nov. it is advisable to avoid totally current Jaks-wb as it have nil right to entitle, only lower exercise price.

As there will be huge 3 x higher volume, almost 2 billion right for right Jaks-OR will be list in bursa, it is better to buy these Jaks-OR directly to straight subscribe and entitle free warrant instead of current Jaks which likely under pressure later.

Investor only need to buy Jaks-OR based on market price once listed next month + paid right price 12sen = list as new Jaks share + new free Jaks-Wc.

bought all supermax at 6.10

Alternatively, await for listing of right for right issue, Jaks-OR to be listing for a week which allow to direct subcribe to right share and entitle warrant. As the listing Jaks-OR is huge, 3 x higher volume, It could have arbitrarily gap to be capitalize.

Please take note, only Jaks holder are entitled to to subscribe right + new free warrant.

No entitlement is given to Jaks-Wb at all, the only impact on Jaks wb is adjustment to its exercise price from 64sen to price to be determine later. Take caution