Pakatan claim they got 129 ( 222 Parliment seats) "Again" How to come to 129 seats, I don't
know but very Hot now.-----This will be major boost for Bursa if True.

as i said a few days back, velesto will not touch 200mil Vol. again bcoz lack of liquidity( moped up)
The current pattern is the same as previous slowly climb from 0.25---0.32. Sell Vol decrease to
10mil then 7-8mil (per level)---Give or take 1 month, Vol will arrive 7-8mil Sell And revert back
positive climb to 30cents

high impairment & Depreciation Doesn't involved Cash

Bat might gained back RM1.0 tomorrow given Dow breaching a strong resistance 25,000

Dow breaching 25,000 is a vote of confident. Usually Oil climbs together with Dow.

I think rebalancing price is $45--55 ( by Russian Energy Minister )

https://oilprice.com/Latest-Energy-News/World-News/Russias-Energy-Minister-Sees-Oil-Market-Rebalancing-By-July.html

Yes. I did say Jaks will arrive 2.0. Free warrant plays a Huge part. Assuming warrant is 1/2 mother
bcos with so few left, it is easily cornered

Market price--------------Average with RI----------------warrant Price-----------------Holding Cost
1) 1.03---------------------0.82--------------------------------0.515---------------------------0.305
2) 1.57---------------------1.18--------------------------------0.785---------------------------0.395
3) 2.0-----------------------1.47--------------------------------1.0------------------------------0.470

Above assumed you sold warrant and keep mother + RI---------Final holding cost

From yesterday to now, almost nobody talk about the important 30mil JPP towards long term
income stream from Vietnam. Without these extra 30mil JPP, i think Jaks will never reach RM2.0
Why Ang delay until now to subscribe these 30mil shares, I think He is also Not confident the Project is ready for commissioning in 2020. ( DK66 plus OTB must be discussing JPP in their private forum-----here only Contra Kaki ---T+2 fellow)

With this 30mil JPP subscription, alot of doubts about project readiness in 2020 is washed away.
ALP said it is ready in 2020

Wednesday new beginning. RI era. MCO, never short of players

I don't know the terms and Conditions of Underwriting but for very sure, underwriters will pick-up
All unsold shares. Almost all underwriter are goreng master.....can loose big money if market collapsed. So they must be financially strong to hold RI for 1--2years

For transparency and accountability RI is calculated from average 5 days before announcement.
Of course you can give huge discount (50%) but still if share price is high there is a limit. So
share price is the main factor. 40cents is a good discount for Ang & Co ( you already heard conman
& share price manipulator )

286mil Free float----only 10mil Vol turnover Friday (3.5%) And they said it is a Disaster MCO results
Looks like everyday trading Vol. in most Bursa stocks

elbrutus, I just have mother (no Wb). If Jaks mother keeps pushing up, I will subscribe RI---very cheap 40cents. Sell mother if price is right and Throw warrant in freezer for 2--3yrs

BlessedInvestor, thanks for the update. Damned, come to think of it, you can die of Covid first, in 5
months time( who knows)

Many people here had said, RI to benefit Ang shareholding only. Very little are distribute to small investor---I am very sure this Underwriter is not going sell any either (maybe 1--2yrs later) Why make 20--30cents if you can earned RM2.0 later

You have to bring Mike Tyson---already in ( Underwriter with No name---Goreng Master )

You want to Sell RI, First you must goreng up the price. Number One citeria.

why people are so worry----Warrant takes 5--6yrs to convert ( maybe no takers after 5yrs Or all
sapu by me ) Total 160mil (max), 130mil already pledged by Tiger Shark (Ang)----Tell me how
many shares are available for goreng in Aug, Sept Or Dec 2020----Sit still and think( don't loose
your Nuts before the show even begins )

RI fast track also take 2 weeks---Normal 3--4 week for approval. Brochure printing, and shareholders checking & others-----2--3month----Please Note RI was informed quite sometimes
ago----most are just newbie here(just informed yesterday)

Table for Two..... Menu: Japanese Abalone and Boston Lobster

where got sharks in Jaks-----Mr Ang is the only Tiger Shark and the "no name" Underwriter

another conman is in----already in "Full Horse Stand"-----The Underwriter
I heard he in the group that Goreng Sapnry to 1billion shares (one Day) to fully distribute Shahril
unsubscribe 1.8billion shares from 30--45cents (now 9cents---hahahaha)

Jaks submitted to Bursa on why 160mil is needed. If Ang used the money instead of subscribing
to 30mil JPP shares, he is in trouble with MACC

RI is a instrument to raise cash. Up to investors, Buy or Not , If nobody buy, Jaks loss underwriting expenses. Now Underwriter is taking a Huge position (80mil). Banker never, never takes huge
position unless he can Sell it (very clear cut-----standard SOP )

To be honest to poor Chap who got NO money to buy RI and afraid Jaks shares will be diluted.
No fear-----Ang and banker gang are not going to Sell so fast ( both holding 80% of RI )
If price hit next high, everybody will be waiting for Next high 2.0, considering Jaks controls
30million shares of JPP

Finished Coffee and good smoke, now come back to Big freebie " warrant "---Everybody wants
to know "listing price for warrant" ( 40c, 50c, 60c ) I don't know But warrant price always follow
mother market price------

This is really Underwriter's Job, they push-up Jaks price And warrant will shine like 2 spotlight.

So how high can Jaks price breached, I think 1.54 most recent high.

Of course further promotion by OTB and Gang and local Die-Hard DK66, you never know how
high Jaks can go. Anyway now we have another deep pocket promoter "The Underwriter"

Next week we should have 1 or 2 "paid" comments/report from reputable Banker about RI----hahahaha

If price really rocket, i also want to subscribe RI ( of course Mr Ang will give me a evil face )

First thing i look is the intended proceed used------RM130mil for 30mil shares " Jaks Pacific Power"
( Good intention for Long term players ---25yrs hahaha )

a) Mr Ang + Underwriter(s) pledged RM 130mil ( 50 + 80mil)----No RI takers for rm160mil---80% already taken by both. Who is these "Underwriter(s)?? Banker(s) + Big Goreng Master(s)

b) Don't look at Freebie(warrant)----If you buy 2000 Jaks at RM1.00 on Wednesday, you get 1 RI@ 40cents so your average price is 80cents (market at 1.0----25%gain with 3000 Jaks)
It is to the interest of Underwriter to keep price above 1.0 to Sell RI

Drink Coffee and Smoke first then come back and talk, talk

syndicate are controlling price. As i said before after refering to annual report 2019, PNB + 30 big
shareholders already holding 75%. Left 2 bil. shares floating. My banker friend however corrected
me. He said maybe 1.5billion shares are also locked down bcos price falls from RM4.00 down to 30cents. And 30cents down to 17cents might locked another 200mil shares.
The other day, we saw 500mil Vol done----maybe 200mil Recycled 2 times----from today on, you
will hardly see 200mil Vol done again----syndicate will slowly Sapu all the Cheap shares

usually kenanga used their 'Office Boy Or Butler' to write report. I have never saw one accurate
report last 3 years. Kenanga makes money by goreng for Clients and their Boss. The last thing
in their Head is Honesty

Nobody can predict Oil price correctly.----When Oil surged to 130 last time, all analyst said "O shit"
When Oil plunge to "minus 29", again analyst said 'O shit"

Bought some at 11.90----waiting, waiting for next "Good # "

People said they gave up tobacco Cigarette But smoke electronic Cig. Nicotine damage mostly
body nervous system so if you don't die of lung cancer, you will turn in a "Vegetable" from ingesting
raw nicotine

where to Run for Raya? Highway All blocked. Goto Italy to catch the most dangerous form of Covid
to infect your Children and Mother??? Open 27/5, still sleeping on the same bed

This Kenanga analyst just said what his Boss want him to say. Bossku want to Buy cheap.
Just speak rubbish.He never give timeframe of lockdown--1st lockdown is 100% no movement, He don't know Bat distribution channels working-rate after 1st lockdown

If you are holding Glove stock, take profit and run. First Covid wave was so deadly bcos everybody was walking Blind.( don't know what Hit them) You really think 2nd wave will be the same as
1st wave. Give or take 10--20% as deadly as 1st wave ( if it ever comes). Just Quarantine specific
target qroup already as effective as Drug ( no drugs, no vaccine for 12 years----Ebola is 5X more deadly than Covid. Still it is contained in Africa Bushes )

This Raya holiday is very different. All goreng Kaki are still here, nobody goes home Or on holiday.
If you don't throw down some anchor today, a rally on 27/5 will left you speechless

I think 2Q. Revenue will be higher than 1Qr.----illegal cigarette market share control 60% of demand. People will smoke, mco Or no mco. BAT brands are sold to higher income group and
gets little or no demand from lower income users. However during MCO, illegal cigarette sources
are terminated, Rothmas( cheaper price brands from BAT) should capture most of illegal Cigarette
market share ( demand might falls but illegal Cig. market is 60% of total market demand is No small number )

After O&G counters Hit a Brick wall today, Punters maybe returning to Jaks tomolo

There is absolutely no indonesia Cigarette in Port klang area (as normal Sale Venue) I move around these area ---everyday for 2 weeks now ( maybe hidding in other place, i don't know )

Bat has almost No sales on 1st lockdown (18 March--30 March---within 1Qr result ) That is main reason revenue plunged so much.
However things should get better after March (within coming 2Qr results) MCO has decimated
illegal Cigarette while BAT had figure out how to manage Delivery of Cigarette to retailers. I think
BAT is basically selling stock from warehouse ( minimum 1 month stock level--maybe more ) As workers are also lockdown----Still think this is just a one Qr. hit on Sales-----Tp still RM15 for the
rest of the year

NTA is 36 cents----53% discount over nta ( today price 17c) Can goreng further, won't loose yr
underwear by a long shot

Big punter makes money from Big Vol. or massive price surge. Either way they are laughing to bank

Vol. has released a big overbought position from last 2 days. Bon-Voyage and happy Hunting

1Qr result 17mil profit---cannot ask for more

Only 2 billion shares left flying around after deducting 75.38% from majority holders. If 50% of 2Bil
shares are bought at 30cents( locked dead) Then 1 billion shares left to goreng which is likely
around 50% of last 2 days goreng Vol.----Next 2 days if sellers suddenly disappear, Velesto trading liquidity will plunge, pushing share price up ( maybe 30cents )

lastest annual report----PNB+Amanah + 28 largest shareholders= 75.38%. Not many Free shares
flying around

consolidation takes longer than expected. I think O & G rally on Monday takes a big chunk of punters away. Alot of catch-up to DSO 1.30 range but within firing range

Rally started on Mon. 18/5 ( 2days nearly a Billion shares got traded). If today price gets back 17 cents, uptrend is unbroken

returning to 1.10 will indicate Ends of overbought correction