Yes 430 mil borrowings , but they also have 220 mil cash mah

Next Q could be bad, if 50 mil BG materialise

But it is is one off so market should ignore it

I am quite comfortable with the result

Balance sheet also improved

oh ya silly me.... you are totally right. Anyway, result is out. They didn't make the provision

Nikmon @icon8888, since it is under court case, if make provision for the 50million, would this give the wrong perception to the judge that jaks has confess guilty?
28/08/2018 18:26

I actually don't mind if they make provision for the 50 mil BG. Get it out of the way

DK66 Results likely to be released later
28/08/2018 15:48

Like waiting for STPM result


Up_down
3081 posts
Posted by Up_down > Aug 28, 2018 05:01 PM | Report Abuse

QR announcement approaching. The excitement is much higher than Genting.

sifu KC welcome to the club. Join us to punt lah. Help to exercise our brain

(qqq3 only knows how to bitch, we all make money)

Sold half at 109

Cut my cost down from 90 Sen to 70 Sen

Morning fight until evening

I cabut already lah

Saw kyy coming with parangs, ropes and sticks , I run until slippers also gone missing

(Jaks is different. Kyy was sitting there quietly sipping tea)

Ah let’s not talk about that especially during ghost month (Alex must be wondering what we are talking about)

The one that is still alive and truly quit is duitkwspkita, because he sent naked photos to coldrisk and she threatened to post them on i3 if he ever appears in i3 again

Many people have declared their intention to quit before (including me and kyy). Within few weeks they all crawl back to i3.

No other forums can talk cock like i3. They all come back after a short while

Don’t worry, Alex will be back (very soon)

i3 is a black hole, nobody can escape from its pull (unless somebody snapped your naked photos and threatened you to quit, like the case of duitkwspkita)

Really don't understand where all the sellers come from ? @@

Hopefully not a trap for retailers

This is so different from my world. I must spend sometime to read all their articles

Wish all best too paperplane bro

We on same boat this round

this quarter result should be not bad. The land disposal completed in April 2018 will contribute closed to RM97 mil net gain. The following is from the 17 August 2017 announcement :


"JAKS Group expects to realise a one-off net gain arising from the Proposed Disposal of approximately RM97.10 million"

If booked in, that should be sufficient to offset Star Media's RM50 mil bank guarantee (assuming that translates into accounting loss of RM50 mil)

I am just voicing my opinion, not suggesting you buy. As a matter of fact, with KYY selling like that, I also a bit jittery and don't dare to bet big big.

Lets wait for result this week

very suspense... wondering how is the result... ? will soon find out hehe

Bought more last Friday

Now I hold 50% of what I ultimately want to buy

Don't be a two headed snake. You accused me of pump and dump "Icon8888, he buy already mah. After article, up few %, can trade that pop, easily few k d. If he can whip up the sentiment, easily few hundred k. "

Is Icon8888 a pump and dump or is he not ? Make up your mind, don't speak with both sides of your lips.

You are really getting out of control. See you Baby Jon.


Posted by Jon Choivo > Aug 26, 2018 10:38 AM | Report Abuse

Lets be clear here icon8888 is not a pump and dumper.

I tried to explain before why I blog. Please read my article , especially the part I explained why I wrote about Thong Guan

Unlike what you speculated, I don't pump and dump. Big money not made like that. Best way is still buy and hold

https://klse.i3investor.com/blogs/icon8888/90394.jsp

I am not against Buffettology. Who am I to question a great investor like that with solid proven track record ?

I AM AGAINST APPLYING BUFFETTOLOGY IN MALAYSIA.

Apart from Top Gloves, PBB and few others, how many Malaysian companies can consistently deliver growth like Coca Cola , Gillette, etc ?

=======

Warren buffet, his company now, insures the kind of risk no one else dare to insure. Multibilion dollar hurricanes, earth quakes, terrorism, micheal jordan legs.

Is he conservative or adventurous?

You need to revisit and study again your definitions and thinking.

Warren Buffett again....

the biggest disaster that can happen to Baby Jon is if he becomes like 3iii

then habis liao

True.... Baby Jon quite kiasi... always said margin of safety margin of safety , sometime I feel like slapping him

Posted by CharlesT > Aug 25, 2018 01:43 PM | Report Abuse

Icon8888 i can hardly find accountants become good investors...most of them talk alot on book theory n tend to be very kiasi one..

One good example is qqq3

in the article, the interviewer Baby Jon talked 90% ad interviewee TTT talked 10%

Posted by lizi > Aug 25, 2018 01:15 PM | Report Abuse

yes, even this articles, i just read what TTT said....very boring read what jon got to say...too long...

The biggest weakness of Baby Jon is his conservativeness. Always pick stocks like retirees. (Read too many warren Buffett books).

if you are 26 yo be more adventurous lah. It is time to take risk and grow. Acting like warren buffett makes you feel good but doesn't put money in your pocket

Excellent result

I am holding around one third of what I ultimately want to buy. A bit wary about KYY's recent selling (just in case he knows something we don't know). And also, one and a half year is a bit long , there might be black swan events

In other words, I am waiting for certain positive signals to convince me to increase position. This has always been my style

======

Posted by DK66 > Aug 24, 2018 01:08 AM | Report Abuse

Icon8888, any reason why we should buy in batches over the next year ?

DK66 what should be our strategy for jaks ? Buy all we want to buy and hold until power plant completion ? Or we accumulate batches by batches over next one year ?

Tempted to add more

I think his colonialism remarks refer to US protectionism that could overwhelm developing countries. But the western press portrayed it as though he was mentioning china

Relaxed, the authority cannot prove that he has spoken to WC. You thought he so stupid use own phone to call meh ?



Posted by titus > Aug 17, 2018 02:14 PM | Report Abuse

Wahhh.....icon8888 wan to put mr koon in trouble ah?
Like that consider insider news leh. Illegal 1 oh

I am not surprised if KYY has spoken to William Cheng and got insider info on coming Q earning

Huat ah

lailiao lailiao koonbee flexing muscle now

especially if it costs so little. Pay RM100k and he licks you morning until night 365 days, good value for money

Posted by CharlesT > Aug 17, 2018 10:49 AM | Report Abuse

When u r rich enough money means not much...sometimes balls song is more important...

nobody knows what is going on, what is in his mind, etc

just watch this Q results see whether ok or not. Play by ears.


Posted by apolloang > Aug 17, 2018 10:48 AM | Report Abuse

but jaks profit no down yet and he dump until go halland?

but getting PLP is quite song loh. If can afford, no harm set aside some budget for it loh.


CharlesT PLP brings not much financial benefits lah...only telur song
17/08/2018 10:37

this stock is interesting because market cap so small, is consistently profitable, and it has surplus capacity that can be ramped up to take advantage of trade war

KYY has dumped that wicked concubine qqq3 and now go home to drink First Wife's soup

Posted by Ooi Teik Bee > Aug 17, 2018 10:32 AM | Report Abuse

Posted by CharlesT > Aug 17, 2018 10:25 AM | Report Abuse

As i mentioned many times here...koon bee is the best system in the last 4 to 5 years in local mkt...

Without Bee Bee, he can only find Jaks n Sendai n nobody buy his story

Ans :
Hope this relationship will restart and all of us will do well again.
Thank you.
Ooi

exactly

and if result is good, he will ride further up, if result is bad, he will dump until you go Holland

this is the pattern

Posted by hollandking > Aug 17, 2018 10:31 AM | Report Abuse

since he released official news, meaning he already accumulated enough, just waiting to sell

ya, KYY is a Crocodile waiting to have lunch. I do my own independent thinking and I never get caught

Posted by rlch > Aug 17, 2018 10:23 AM | Report Abuse

After runup why only KYY inform not when 60-70 sen? He wants to sell is it?

sifu OTB has been calling Buy for steel stocks all this while lah. He asked to avoid Lionind only after being spooked by the Megasteel deal (which is a rational thing to do). Now with further info provided by Futureye blogger about HBI, Lionind is a Buy loh. Why are people so confused by what is happening ?

this sharp tongue Tom is an idiot

she only knows how to attack people never contribute

really a Tom Boy

what ? KYY sold jaks so that he can punt Lionind ? so cheapskate !!! LOL

anyway I am happy for him to join. Go go Lion

So song. Click the mouse and money come in

Ok we wait for result. If supergood then target 1.30 to 1.50

What price should we sell ?

Wow RM1.00