EPS 2021 40c, 2022 45-50c. Apply P/E of 12 to set realistic target 510-600!

Looks like insider selling ahead of 3Q results

@Alexzai...Cheer up, the price is forming a base for a long-term uptrend.

https://tradingeconomics.com/commodity/baltic

Raising funds is part & parcel of every growing business. Jaks is no different as it has increasing requirements to fund new projects such as the LSS4 but has present insufficient income generating projects at the moment.

However, long-term investors like me can see that this situation will be resolved once JHDP starts distributing dividends from the power plant operations, as it surely will. Are you doubting that this will happen in due course. If you are, kindly explain why you think so & back that opinion with facts, not cast unwarranted aspersions like some other loud-mouths & empty bins in this public forum (who I will not bother to address).

PS. The quantum of my share gains or losses is irrelevant to this discussion. Nothing personal & no offence meant.

If another fund raising or PP gives rise to just 25% gain, I will be more than happy. No need for >50% gain the next time.

So you think that another PP/RI is a bad idea, huh, Sslee?

That's exactly what you thought last year when you sold out your Jaks shares just before the massive RI. What price did you sell at? Must have been around 0.80, right? What's the price now? Let me tell you & all the other moaners & groaners.

Today's closing price is equivalent to 1.37 pre-RI, after adjustment for the rights subscription & today's closing price for WC!! That's more than 50% gain from when you sold out because you thought that the RI was a bad idea!

And you are thinking the same thing again? If it is such a bad idea, why not leave it to those who have a different idea to invest in this share?

You are entitled to your own opinion, but there is no need to keep moaning about it when you are no longer a serious investor here.

Definitely

https://www.theedgemarkets.com/article/usbased-speaker-maker-sonos-inc-grow-operations-malaysia-%E2%80%94-report

AATan--- Unbelievable! Such callous, uncaring attitude reflects very poorly the standard of Malaysian society nowadays. I am appalled!

LOL, Harmie. Have you never heard of sarcasm?

Good stuff. When insiders are buying, just follow the money.

The daily price chart shows that the recent build-up of buying pressure above 0.34 has resulted in a new uptrend channel which is expected to make a third attack at the 0.40 resistance level. This could be 3rd time lucky because if 0.40 is breached, it's all the way to 0.50

3000 lots equal 300,000 shares?

Good job, Sslee. Looks like some hanky-panky in this interelated JIC deal.

TA indicate short-term UP

Possibly completed cup & handle formation. Preparing for breakout... needs more volume.

Something's happening. Maybe insider knowledge of 4Q results

Thanks, OTB. Is there a simple way to display a chart from Chartnexus here?

Sorry, unable to include chart, not sure why. The clip sign is missing....

stockwin I wonder if cup and handle formed today??
15/02/2021 7:20 PM>>>> Yes, completed a nice cup & handle on the weekly chart, attached

Thnks, hng33

Good timing, hng33. What attracted you to FPI?

Please include me, DK66. Thanks

It is good that you explained your investment dealings in Jaks but I feel that there was no real need to do so. After all, no writer of investment reports ever do so in any form other than stating that they have (or do dot have) any positions in the securities they report upon. Just sufficient report on your financial analyses as clearly as you can so that readers can use the info to make their own decisions to invest or not.Also no need to keep replying to people stating opposing views with any facts or data as backup other than spreading unsubstantiated fears that minority shareholder of IPP will cheated by majority shareholder or unlimited losses by Jaks in its Malaysian operations. If anyone has these fears, they should simply stay clear of Jaks rather than continuously looking for assurances that they will not be "cheated".

I suggest that Jak's 4Q 2019 results is of little relevance to its valuation which is primarily based on future earnings from power sales and not its current construction activities. Only exception is IF there is any unexpected news e.g. major construction losses. In any case, I would take advantage of any such knee-jerk reaction to accumulate further.

Just a word of caution, though. Do we know whether income from power sales will remain unchanged over the entire contract period or whether the early years' income will be disproportionately higher in order to accelerate payout and attract more bidders for their projects.

Sorry, 234567

Thanks, DK66. 23456

Exactly what I've been thinking for a while, Icon! I cannot see what else can cause CFO's actions to diverge from APL who is in for the long term

Salvado Dali (who doesn't write much these days)and Icon8888. Followed heavily each of them on only one stock selection over the last ten years but turned out extremely well on each occasion.

DK66, I can't find the "Like" button to click on, but I do not doubt your sincerity and honesty in these articles on Jaks. For the record, you are one of only three contributors on i3 that I look forward to reading on any day.

Yes, those EEC updates are really good. They generate good confidence in the project's progress, much better than many other big projects I've encountered in the past

When banks decide to force-sell a client's margin account, they do so mercilessly. It's happened before for KYY when Maybank force-sold his holdings of Hengyuan. Fortunately that happened when its price was still going strong and KYY ended up with a windfall gain. This time the force selling of Jaks had a much greater impact on the share price and resulted in heavy price falls. Win some, lose some - just part of natural market forces. Looks like the worst may be over, though.

Why not? NP for 2Q16 & 4Q16 were both more than 18m each, so 19m is achievable.

Don't jump the gun, guys. Read the notice. It says the 1-hour trading suspension is due to the MOU which is being released at the same time

She is also wrong in reporting that AA's dividend for 2016 is 8.3c when the actual declared dividend is 12c

How nice it would be if every share I want to buy will drop its price sharply so I can buy cheap, then rise up sharply for me to make profit. Wishful thinking.

Thank you Admin, this has become a much more readable site

Write a comment..NO :
1, cruger
2. Valuegrowth
3. Batu88
4. Wei Chyi
5. greyaero
6. Zhiying Mok
7. waihung82
8. dnn78 (BIG NO)
9. Cindy ling
10. michael_jackson
11. dayang_suri
12. small_investor
13. franky65
14. kelv
15. edkfc
16. malaysiakuku
17. Toto
18. sato
19. VinTan
20. awsomechan
21. angelol
22. wheywhey
23. Woo John
24. profes_lms
25. skng74
26. axeaxe
27. Singunsin
28. merck
29. Kiki-lala
30. STC1136
31. pclim
32. helloworld123
33. AyamGoreng
34.aku_cinta_padamu
35.David9189
36. mantua39


YES:
1. BWC

This is not inside information, just my understanding of various news reports. Caveat Emptor!

My understanding of the Korean bid is USD900m for a 52% share of of AAC, inclusive of all AAC's assests and debts. This means AAC has a valuation of $1.8 billion, which is probably why TF is so confident that it will be the successful bidder and why the winnercan be announced so soon.

Thanks for your many useful comments, moneykj. I thought RHB predicted that every USD100 gain in LME equates to Rm 158m increase in net profit. Can you clarify!

I suspect that we need for 4Q16 results to be announced before decisive break above 200 to the 210-220 region

Buying pressure building up

Your no. of warrants will be increased from 5 to 14 e.g. 5000 becomes 14,000 (credited to your account on 9th Nov). The exercise price for conversion to mother share is now reduced to 39sen.

Why not? Both major shareholders have mentioned a sale price of about Rm 4 billion (USD 1b), or more than Rm 1.20 per share. So a special dividend of more than 50sen is easily justifiable.

well summarised

Tony is willing to borrow money to get more AA shares at 1.84 because he knows it is worth a lot more with low fuel prices and increasing passenger loads. We should not object to that as his increased equity will ensure he works harder to make AA better!

It's interesting to note that the highest monthly average LME closing price for aluminium since early 2013 was USD 2030/tonne for August 2014 vs the current price of USD 1770/mt. However, this price drop is cushioned by the drop in MYR from 3.18 to 3.59 (MYR/USD) over the same period. In ringgit terms,there has been little change (from MYR 6455/mt to MYR 6354/mt), so the income for Pmetal should be still be very good at current metal price price & exchange rate.