@ limkokthye

I think is temporary only.
The funds are adjusting their portfolio and switching to other counters or investment.
They will still be holding at least 5%.

@ DK66

You're right.
I'm still a strong believer of the IPP power plant.
However, not a believer of J@K$ handling it properly.

A small project like Pacific Star(USD200mil) with 51% stake could even go wrong.
Of course, many would say the project has many changes to the original design causing massive delay.

Well, a USD1.8bil power plant with Chinese counterpart would present greater issues. I doubt J@K$ ability to handle them.

IB selling down the unsubscribe shares of 1.8 bil.
May take a few months of beating.

@ DK66

All the best to you and the others who are holding.
I think it may drop further before recovering.


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Posted by DK66 > Jan 29, 2019 07:41 PM | Report Abuse

newbie8080, Jaks is for those who believe in the long term value of the power plant. For those who are doubtful, like you said, should just sell and move on to other stocks.

However, it seems that a lot has chosen to stay even until this day including those in doubt. why ?

Because the vietnam ipp is just too huge to ignore.

@ pputeh

Aeon credit is non bank financial institution offering small loans and credit card to consumers.
LPI is a insurance company.

Zooming toward rm1 soon.

@ shpg22

Berkshire Hathaway is an investment company different from LPI which is just an insurance company.
Bershire also do not declare dividends unlike LPI.

Totally different type of company.

@ DK66

Besides that, the major shareholder had disposed and move on to Carimin.

Quite pricey at current PE=20.
Any comment?

@ DK66

Well done trying to put facts here.
However, the share price seems to be saying otherwise.
From 1.80 to 0.5, proves that it's possible to go from 0.50 to 0.10.
No one is buying on the power plants prospect unlike MFCB which still have value at RM2 during the construction of the plant.

@ dragonslayer

Shell have USD77 bil in debts.

https://www.shell.com/investors/financial-reporting/quarterly-results/quarterly-results-2018/q3-2018/_jcr_content/par/toptasks_1119141760.stream/1540997460811/0471eeba6196db8eb689d44e74a4e67193af7da812dea25a12ddf655f20ca84f/q3-2018-qra-document.pdf

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Posted by dragonslayer > Jan 29, 2019 10:19 AM | Report Abuse

Aiyo..only...debt free ong in the workd...ada salah boh...lol...wait for shell to announce qtrly report this week if not wrong....earn
how much per annum...you see how small is bungaraya lah...lol.. aiyoyo...kikiki

The only debt free oil&gas company is the world.

Haha, since you're looking at 20 cent.
Better wait for 1 cent instead

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Posted by i3lurker > Jan 28, 2019 03:43 PM | Report Abuse

you are right it wun go back to 40 sen

it will go back to 20 sen

Going to reach soon.
Prepare your cash.

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Posted by viagra > Jan 23, 2019 08:43 PM | Report Abuse

No way back to 0.4 already... I wish I can get at rm0. 4 too

1.8 billion shared owned by 3 investment bank worth RM540 mil @ 30 cent/share

But now at 28 cent, paper loss of RM36mil for the banks.

@ speakup

With such a "good news", shareholders are selling?

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24-Jan-2019 Insider DATO' SRI MOHD HILMEY BIN MOHD TAIB (a substantial shareholder) disposed 150,000 shares on 22-Jan-2019.
24-Jan-2019 Insider DATO' SRI MOHD HILMEY BIN MOHD TAIB (a company director) disposed 150,000 shares on 22-Jan-2019.

@ speakup

Merger?
How 2 companies worth 100m each can benefit each other?

Any comment for next upcoming quarterly result?

No more a monopoly company with more company's able to deliver e-gov services.

Funds are disposing.
Seems an uphill task to entice new customers and orders.

@ Dericlock

So for 2019, need around RM200 mil for capex for the 2 oil wells?
For this year, is either breakeven or make losses?

http://www.theedgemarkets.com/article/another-round-og-impairment-seen-4q18

So sad to see the 3 investment bank forced to subscribe to the 1.85 billion under-subscribe shares.
Really bad biz dealing with SAPNRG

So next quarter EPS also at least 5 cent?

Good write up

Going back to 0.40?

@ sardin81

Going for 1 cent soon.

As you guys are buying, notice that the shareholders are selling.

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14-Jan-2019 Insider Notice of ceasing to be substantial holder - MISS LIM GUAN NEE on 10-Jan-2019.
14-Jan-2019 Insider WHE BINA SDN. BHD. (a substantial shareholder) disposed 382,900 shares on 10-Jan-2019.
14-Jan-2019 Insider ENCIK WAN HAMDAN BIN WAN EMBONG (a substantial shareholder) disposed 382,900 shares on 10-Jan-2019.
14-Jan-2019 Insider PLATINUM CASTLE SDN. BHD. (a substantial shareholder) disposed 382,900 shares on 10-Jan-2019.
14-Jan-2019 Insider MR LIM YEW HOE (a substantial shareholder) disposed 300,000 shares on 10-Jan-2019.
14-Jan-2019 Insider MR LIM YEW HOE (a substantial shareholder) disposed 73,200 shares on 10-Jan-2019.
14-Jan-2019 Insider MR LIM YEW HOE (a substantial shareholder) disposed 1,600 shares on 09-Jan-2019.
14-Jan-2019 Insider MR LIM YEW HOE (a company director) disposed 300,000 shares at 0.626 on 10-Jan-2019.
14-Jan-2019 Insider MR LIM YEW HOE (a company director) disposed 73,200 shares at 0.622 on 10-Jan-2019.
14-Jan-2019 Insider MR LIM YEW HOE (a company director) disposed 1,600 shares at 0.620 on 09-Jan-2019.

Another worthless GLC company being push up.

@ Nikmon

So by the next CNY 2020, should be RM2.

Congrats to those who bought at 0.15

http://www.teknikjanakuasa.com/

According to the website header, it's subsidiary of Malakoff

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Posted by Icon8888 > Jan 18, 2019 03:05 PM | Report Abuse

Is it owned by Malakoff ? The article mentioned pawanteh

@ Icon8888

Thanks for the explanations.
Since your explanations applies for J@K$, then it would apply for Malakoff's subsidiary Teknik Janakuasa Sdb Bhd power plant in Vietnam, 1,200 MW coal-fired power plant at Duyen Hai
It is also similar in size and similar timeline.


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https://www.freemalaysiatoday.com/category/business/2016/08/05/janakuasa-begins-work-on-usd2-2b-viet-power-plant/

https://www.thestar.com.my/business/business-news/2015/12/30/janakuasa-to-develop-viet-power-plant/

@ Icon8888

Malakoff currently earns net profit around RM230mil in last 4 quarters.

How J@K$ can earn that much since it has only 1 power plant(1,200MW) as compared to Malakoff's 10 power plant(Total=7000MW) & 5 water desalination plant????

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Posted by Icon8888 > Jan 16, 2019 10:10 AM | Report Abuse

if earning RM200 mil, then we upgrade TP to RM4.00

More like a bailout using money from PAVREIT to cover the tight cashflow of Malton.
Anyway, pouring billions out will only cause less dividend for current shareholder of PAVREIT.

@ Limbeh

This glove counter has high PE, no doubt.
But it also has a higher profit margin than the rest of its rival and the company is dealing with in demand nitrile glove.
Its the only glove company that innovates new glove products with new technology.
So the high price and valuation.

No light at the end of the tunnel for the property & investment division?

The overall profitability of the Group was affected by the Property Development & Investment division as this division incurred a higher loss before tax of RM42.8 million in the nine months period of 2018 as compared to a loss before tax of RM22.9 million in the corresponding period of 2017. The losses in the Property Development & Investment division were mainly due to the operating expenses, depreciation charge, financing expenses to operate the mall and the allowance made for LAD.

@ Icon8888

According to Bursa Malaysia, the BG is RM50 mil and was instructed to be paid to the 2 FIs.
So how do you get RM25 mil?

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Posted by Icon8888 > Jan 16, 2019 10:13 AM | Report Abuse

if you don't have the wisdom to see beyond this 25 mil BG loss (50% owned), you shouldn't even be here

go punt maybank

Crude oil price slowly creeping back up.
Not a good sign for Airasia.

So for this quarter result have to incur loss of the RM50 mil guarantee to TheStar?

OPEC had already started to cut oil production right for 2019?

Crude oil price taking a break?

Slow growth impacting most manufacturers.

Really a roller coaster year for crude oil and hibi.

@ cytew

You can evaluate but you definitely do not know what's going on inside.
Unless you are employee of the company and representing senior management, else please do not spread your FAKE NEWS

Yeah, today have chance to touch rm1 again

Wow, syndicate in action. Love the way they execute.
Perfection!!

I thought J@K$ loss it's appeal recently and have to pay out rm50mil.
But the share price seems to say otherwise.

Next stop at 4.50