It is believed that DL and gang are striking back and will not compromise to the proposed settlement offered by the incumbent management. From day 1, the incumbent management already knows they have been in the wrong for use of the trespassed land.

material litigation with injunction to be enforced soon. Hence its not expected to surge.....

Those who have called for buy with target 2.50- 2.80 are asking you to fly kite....some are even more crazy to call for TP of 3.50....

Only 5 m as compared to massive profit of 327m last Qtr.

Why is it so pathetic? No relief for RP is expected.the share price is expected to plunge in days to come.....

WTF is going on? QR results are not up to expectation?

The future growth and or sustainability depends on the ogre underneath the ground where outcome of yields always remain uncertain. The prospects of the director report are said to be over optimistic.

It remains to be seen of the next upcoming QR is up to expectation or not.huge contingent loss is expected in view of the ongoing lawsuits...

From the reaction of the market and the recent surge( motivated in order for some to exist conveniently),the news to be announced is expected to be bad......

Rights issue ( RI ) is sought by the cash-strapped Jaks to raise equity funding . Though the Shareholders can subscribe for the new shares at a discount with the rights issue, more shares are issued to the market particularly at the lower market price ( current market price of RM 0.20 if not lower ) causing the shareholdings to be severely diluted and the share price will be likely to go down as a result.

RI is at 10 cent and warrants EX at 12 cent. With the whopping existing share base of 2.9m shares, do you think know how many more shares to be issued at the pathetic 10 cent? This appears to be a desperate move to lure existing shareholders to subscribe for the RI . The existing shareholders are not no longer fooled into this move.

On the other hand ,the issuance of ESOS at the ex price 45 cent to reward the employees is pathetic too given the current price of RM 0.205 which is far below the ex price mark. Hence , the employees would not exercise the option but to let it lapse.


---------------------
Johnchew5

Hoho PA insiders Gain Return on RI n Warrants : after consolidation 2 into 1 : RI at 10 sen , Warrants EX at 12 sen …

Shl monitor n will have a case study later as is time to reward the employees that ESOS was issued on early 2021 with ex price 45 sen

From the reaction of the market , it is expected to be stagnant if not depressed further

Snake , you can see your buddy keep slandering his critics with distasteful agenda instead of refuting with valid points and facts..... Do you really believe the critics would care and leave him alone with all these baseless slanders?

A little boy called johnny goes to school but bringing in a cat with him. Teacher asks him “why did you bring your cat to school?”

Johnny replies, “Well, I heard my daddy telling mommy when the kids leave I’m gonna eat that puxsy up." The simpleton ,Johnny literally takes the cat as " Puxsy". So pathetic......

PN 17 or RM 0.17 to come ?

Still cheap or still worthless ?

Dont count the chicks before they are hatched

Flying................. kite

Please ask your buddy to thrash out the roots to the problems before it is plummeting further fast and furious.

From your post below, though the company has made tons of profits , its cashflow is said to be negative. In accounting, profit is different from cashflow. The company can report tons of profit but its cashflow is negative. This is exactly what happens to Jaks which is believed to be cash stricken. Some commentators here have pointed out the same.

The above explains why the proposed DRP is proposed by the company whereby the dividend of RM 70m will not be redistributed as dividend to its shareholders under proposed DRP. Hence, how would you expect the shareholders to be contended with the company for not paying dividends for the past 20 years ? To make matter worse, the company keeps begging for more injection of equity funds from the shareholders/investors through RI and PP. The shareholders and investors are no longer drawn into this scheme . There must be a reason if not reasons for which the share price is stagnant if not depressed further.
----------------------
Johnchew5

> Accumulated Profit : 324,951,000 ( Audited as on December 2022 is RM 310,874 ,000 )

I 'll deal with you in a minute..

The existing " low gearing ratio of 37.5 % ( 0.375 X )" is in fact motivated in disguise due to its massive share capital of 2.9m which has been accumulated through massive RI and PP over the years.

Any further issuance of RI or PP at the pathetic share price would increase the shares base substantially. Though the gearing ratio would become even lower as a result of the substantial shares , it creates the wrong impression that their gearing ratio is healthy. In actual fact , it is worse due to its massive capital base in disguise.

From the reflection of pathetic share price,the proposed DRP is a lousy resolution.

he company is already faced with difficulty to raise PP funding as evident from their recent application for time extension to complete the PP. Now then, how on earth do you believe that they can be successful in raising RI given the fact that majority of existing shareholders/investors resent to it?

Furthermore,given the pathetic share price, more shares need to be issued under RI,hence ballooning the existing share capital of 2.9m and diluting their shareholdings further . Do you really believe that they are happy about it ?
--------------------
Johnchew5
Posted by Johnchew5 > 6 hours ago | Report Abuse
Hoho Insider bought RI at what Price ? Higher than current share price , and paying interest if put in pledge account.
With LTIP shares is Issued, Insider want maximum return, and Shl start harvesting… along this year until 1st Q 2024 …

If share price is controllable as said , the Mgt of Jaks has certainly lost control of its own share .
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UlarSawa
share price is kena controlled one lah. Haiyoh. Correct?

From the reflection of the pathetic share price. If the Mgt has done something ,the share price wont be so bloody depressed.
-----------------
UlarSawa
How would you know the mgmt is doing nothing to stop the pre sign from deterioration leh. Haiyoh. Correct?

The occurrence of collapse is from the facts of pre-signs which are not attended to....
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UlarSawa
Presign not necessary will end up jadi facts leh. Itu your assumption only leh. Haiyoh. Correct?

The actual happening is from the facts of pre-signs
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UlarSawa
Pre sign is not fact until it happen leh. Haiyoh. Correct?
joyvest
Facts of pre-sign

It is the fact that the collection problems has been deteriorating from one year to another.

This can be evident from the audited reports where the impairment for trade receivable has been increased to 17.5% ( RM 48m) in 2021 from 14% (representing RM 41m) in 2020

It is expected the impairment will be even higher in 2022 and 2023

Before massive mountain avalanches happen, peddle stones ( tiny stones ) are falling down as pre-signs. No assumption but fact of pre-signs. Similarly, before the realisation of downfall of the company, there are facts of pre-signs..

The actual happening is from the facts of pre-signs

Facts of pre-signs

It is short lived and illusionary . At closing time,it is back to 0.195 if not lower.... unstainable

From your post below, since the accumulated reserve is RM 315m, why cant Jaks pay dividend to shareholders as rewards? it is the fact that Jaks has never been paying dividend for the past 19 years. Why ? Jaks just doesnot want to pay and instead gives the excuse of " in need of fund as working capital". This can be evident from their recent proposal for DRP ( Dividend Reinvestment Plan). It can be inferred that the company is cash stricken and faced with cashflows problems as highlighted by some commentors here.



----------------------
Johnchew5

> Accumulated Profit : 324,951,000 ( Audited as on December 2022 is RM 310,874 ,000 )

More and more people are aware of the pathetic situation and take up the courage to fire here...its good to be aware of rather than ignorant of it...

Just Because I have asked him not to teach his grandmother how to sxck eggs and he has literally taken for it .
Isnt he pathetic?
-----------------------
Felix888

John why you call Joyvest nenek ah?

*Is MV not the current market price x share capital ?
*
Is the quantum of MV not determined by the current market price ?
*It is the fact that the current market price of jaks is stagnant at RM 0.195 if not depressed.

You see he is evading to answer those questions directly posted to him in the past weeks ( you may refer to my previous posts) with his repetitive nonsense below to divert attention.

You see he is evading to answer those questions directly posted to him with his repetitive nonsense below to divert attention.
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Johnchew5

Hoho The fact is Kon Joyvest can’t even know how to Google, posted MV , market value , then changed to share price ..and still blur blur :
Hoho Kon Nenek Joyvest tak tau google ke atau tak faham ke , Masih buat Badut show le , hahahaha…

The market value is the value of a company according to the financial markets. The market value of a company is calculated by multiplying the current stock price by the number of outstanding shares that are trading in the market. Market value is also known as market capitalization.
Posted by joyvest > 7 minutes ago | Report Abuse
Is MV not current market price x share capital ? 
Is it not that the quantum of MV is determined by the current market price ? 
Why are you running away from reality as a promotor?

to speak up the truth or your mind ? Like the two so called promoters , one is spitting the shit of his mouth and the other is spitting venom out its mouth.

it is not a raider , not a blower then a rogue ?

RI is expected to be hugely under subscribed as existing shareholders are not fooled into the belief that the company can turnaround to reward them

It it the fact that recent issuance of RR is a flop of undersubscription as it is evident from their application for further time extension to complete the PP. Basically, investors are not keen to subscribe for the reason of " once bitten twice shy" .
-----------------------------
Johnchew5

Hoho Insiders bought RI at what price ?? And with LTIP is issued, is it the Time for max return ??

Dont try to evade to answer like a chicken head

Despite of the fact that Jaks has positive EPS, P/E. ROI as opposed to those of Muhibah under the same industry ,why is the share price of Muhibah better than that of Jaks ? Please answer as a promotor,if not, you are more than a nincompoop.
________________________________
Johnchew5
oho Kon Nenek Joyvest why Buy High Sell Low ….

>> What is Jaks’ price if PE 33 ???
——-
Jaks : NTA RM 0.68 PE 9.61 RM 0.195
Muhibah: NTA RM 1.76 PE - 32.40 RM 0.725
Ann Joo : NTA RM 2.09 PE -3.57. RM 1.15
Solar vest : NTA RM 0.30. PE 45.27 RM 1.34
Sun view : NTA RM 0.22 PE 33.11 RM 0.9

Despite of the fact that Jaks has positive EPS, P/E. ROI as opposed to those of Muhibah under the same industry ,why is the share price of Muhibah better than that of Jaks ? Please answer as a promotor,if not, you are more than a nincompoop.
________________________________
Johnchew5
oho Kon Nenek Joyvest why Buy High Sell Low ….

>> What is Jaks’ price if PE 33 ???
——-
Jaks : NTA RM 0.68 PE 9.61 RM 0.195
Muhibah: NTA RM 1.76 PE - 32.40 RM 0.725
Ann Joo : NTA RM 2.09 PE -3.57. RM 1.15
Solar vest : NTA RM 0.30. PE 45.27 RM 1.34
Sun view : NTA RM 0.22 PE 33.11 RM 0.9

No RP , no upliftment . share price is expected to be stagnant if not depressed further

Sleeping beauty is in hibernation until to be awaken with a kiss from the frog. But too bad, the frog has been eaten by the snake and the sleeping beauty never wakes up, not in a million years

Mxron Venom or Morxn Venom

To the snake, MV stands for Morxn Venom

To the snake, MV stands for Morxn Venom
------------------------------
i3lurker

definitely oil fried snake in the nude with XO sauce


Posted by joyvest > 3 minutes ago | Report Abuse

Which one below is the best fit to our context we have been talking about ?

Which one below is the best fit to our context we have been talking about ?
Are you so dumb that you cant figure out and yet you are in this forum ?
MV Music Video
MV Maldives
MV Medium Voltage
MV Move (Unix command)
MV Motion Vector
MV Mountain View (California city)
MV Mecklenburg-Vorpommern (German region)
MV Martha's Vineyard (Massachusetts Island)
MV Market Value
MV Mount Vernon (various locations)
MV Manual Valve (various companies)
MV Mission Viejo (California)
MV Mill Valley (California)
MV Mid-Valley (various locations)
MV Mechanical Ventilation
MV Miami Vice (TV show)
MV Motor Vessel
MV Mercury Vapor (lighting)
MV Magnetventil
MV Milli Vanilli
MV Millivolt
MV Measured Value
MV Mean Value
MV Maple Valley (Washington)
MV Mitral Valve
MV Modern Vespa (motor scooters)
MV Merchant Vessel
MV MyVegas
MV Missouri Valley
MV Mini Van
MV Muzzle Velocity
MV Mona Vie (health drink)
MV Minisink Valley (New York)
MV Multivalue (software)
MV Monta Vista (high school)
MV Mendelevium (isotope)
MV Megavolt
MV Mean Velocity
MV Moving Vehicle
MV Multivibrator
MV Millennium Volunteers (UK)
MV Minute Volume
MV Modus Vivendi (Latin: way of life)
MV Manipulated Variable
MV Molecular Virology
MV Main Verb
MV Marburg virus
MV Mother Vessel
MV Muscle Volume
MV My Vitriol (UK band)
MV Meccanica Verghera (Italian motorcycle company)
MV Magna Veritas (roleplaying game)
MV Manufacturing Verification
MV Medina Valley (Medina County, Texas)
MV Moonroof Visor (vehicles)
MV Armenian International Airways (IATA airline code)
MV Metasyntactic Variable
MV Matanitu Vanua (Conservative Alliance Party, Fiji)
MV Motorised Valve
MV mezza voce (Italian: medium voice; music)
MV Midland Valley Railroad
MV Apparent Visual Magnitude
MV Media-Vida.net (Spanish gaming website)
MV Miniature Vehicle
MV Michel Vick (ex football quarterback)
MV Master Vessel
MV Moving Violationz
MV Multi-Visit
MV Mobilization Value
MV Memória Visual - Produções Digitais, Lda
MV Camp Merrowvista
MV Med'icus Veterina'rius - Veterinary Physician
MV Manpower Voucher
MV MontaVista, Inc.
MV Simple Multi-Visit

Which one below is the best fit to our context we have been talking about ?

MV Music Video
MV Maldives
MV Medium Voltage
MV Move (Unix command)
MV Motion Vector
MV Mountain View (California city)
MV Mecklenburg-Vorpommern (German region)
MV Martha's Vineyard (Massachusetts Island)
MV Market Value
MV Mount Vernon (various locations)
MV Manual Valve (various companies)
MV Mission Viejo (California)
MV Mill Valley (California)
MV Mid-Valley (various locations)
MV Mechanical Ventilation
MV Miami Vice (TV show)
MV Motor Vessel
MV Mercury Vapor (lighting)
MV Magnetventil
MV Milli Vanilli
MV Millivolt
MV Measured Value
MV Mean Value
MV Maple Valley (Washington)
MV Mitral Valve
MV Modern Vespa (motor scooters)
MV Merchant Vessel
MV MyVegas
MV Missouri Valley
MV Mini Van
MV Muzzle Velocity
MV Mona Vie (health drink)
MV Minisink Valley (New York)
MV Multivalue (software)
MV Monta Vista (high school)
MV Mendelevium (isotope)
MV Megavolt
MV Mean Velocity
MV Moving Vehicle
MV Multivibrator
MV Millennium Volunteers (UK)
MV Minute Volume
MV Modus Vivendi (Latin: way of life)
MV Manipulated Variable
MV Molecular Virology
MV Main Verb
MV Marburg virus
MV Mother Vessel
MV Muscle Volume
MV My Vitriol (UK band)
MV Meccanica Verghera (Italian motorcycle company)
MV Magna Veritas (roleplaying game)
MV Manufacturing Verification
MV Medina Valley (Medina County, Texas)
MV Moonroof Visor (vehicles)
MV Armenian International Airways (IATA airline code)
MV Metasyntactic Variable
MV Matanitu Vanua (Conservative Alliance Party, Fiji)
MV Motorised Valve
MV mezza voce (Italian: medium voice; music)
MV Midland Valley Railroad
MV Apparent Visual Magnitude
MV Media-Vida.net (Spanish gaming website)
MV Miniature Vehicle
MV Michel Vick (ex football quarterback)
MV Master Vessel
MV Moving Violationz
MV Multi-Visit
MV Mobilization Value
MV Memória Visual - Produções Digitais, Lda
MV Camp Merrowvista
MV Med'icus Veterina'rius - Veterinary Physician
MV Manpower Voucher
MV MontaVista, Inc.
MV Simple Multi-Visit

@Johnchew5. If you cant answer the following simple question, you are the greatest nincompoop in this forum.

From your following posts, the company should have sufficient positive cash inflows. Hence the company should be able to reward the shareholders with dividend payouts.

Why has the company recently proposed DRP to the annoyance of shareholders/investors?
---------------------------------------------------------------
Johnchew5

A ) Referred to FY21 Annual Report :
The turnaround to Profitability was mainly from the share of profit in the Vietnam joint venture which amounted to RM 140.7 million in FYE2021 as compared to RM3.8 million in the previous year .

B ) Referred to FY22 Annual Report :
The increase in Profitability arose from the Higher share of Profit from the Vietnam joint venture that rose by 11 % to RM 156.2 million.
And Dividend RM 70.0 million.
C ) Referred to 1st QR ended March 2023 :
Share of Profit in Joint Venture is RM 28,326,000 compared to March 2022 RM 33,936,000.
( Note : from Key Matters Discussed, the reduced Share of Profit is due to increased interest expenses