Its good that know that you were lucky in 2017, and that if youre unable to make money in an inefficient market like Bursa well your skills were never really up to par, coupled with you blaming it on IDSS and 'Buffettology' (blaming on external factors and how the world is unfair and why werent you born with a silver spoon and bla bla bla is a symptom of a lack of skill.....)

So unlike the rest of the noob comments on top, quitting is the correct decision. Because you should quit while youre ahead. Let those who are addicted to the markets and always dreaming of that 'one last hurrah' to be burnt and lose their panties. Dont be like arsene wenger or old man koon

Based on the debt:equity for the financing of the Vietnam IPP, JAKS % ownership in the JV, IRR, and making the liberal concessions as to the financing terms and assuming all goes as planned, the yearly recurring income to JAKS is c. US $20 mil

Dont worry old man koon will be sincere this time he repent after Jaks and so he will buy up everything in Lionind just like last year Feb 2017 when he mopped up Jaks when it plunged after bad Qtr results then end up with close to 30% because have to continue with the bluff but actually biting off more than he can chew, being stuck and then look what do we have now hmmmm......lel

The construction profits are not real, they are 'accounting profits'

IRR is 12%. Payback period over 8 years ie 8 years to breakeven and get your money back

https://www.thestar.com.my/business/business-news/2016/03/29/jaks-eyes-irr-of-12-for-rm7bil-vietnam-plant/

Got 0.4....

4.24% of shares crossed via direct business transaction at 47c so cheap lel

http://www.theedgemarkets.com/article/newlylisted-revenue-group-sees-424-traded-offmarket

Lel what a crappy deal

PDP 900mil become........lel

jibby say kangkung, not eggs

Trump's gonna declare he wants to exit nato and ally with for mother russia putin hohoho

Markets are one trump tweet away from a meltdown thats what happens when you elect an idiot two year old as potus

EPF buying to block ananda's privatisation ka lel

If you go back a year, before the announcement of the purchase, it was trading between 6.5 - 7

So if you remove the purchase...(in fact you have actually lost money which is worse, sans purchase at least you still have 1.4bil cash...)

China has already hit back - https://www.reuters.com/article/us-usa-trade-china-customs-tariffs/china-has-imposed-counter-tariffs-on-u-s-goods-china-daily-idUSKBN1JW0MT?il=0

Donald is going to wake up and look at the newspaper headlines and then go on twitter and tweet "another USD$200 billion tariffs are coming China's way make america great again!" trololo

And now there are follow-on effects from the steel tariffs - https://www.reuters.com/article/us-usa-trade-eu-malmstrom/eu-says-first-steel-safeguard-measures-could-come-in-july-idUSKCN1J01Z6

This linked article left out the important chart: -

https://tmsnrt.rs/2tSO60I

As the oft quoted phrase goes, "Malaysia is an open economy..." (and therefore more exposed to uncertainties and changes in the global trade/economic landscape...)

Add to that the fact that China is Malaysia's largest trading partner...

Come on old man icon you can do better RM500+mil cash for a bankrupt co in a business that can only survive due to tariffs...if there's open bidding it'll probably go for 1 cent to the dollar

Look at the warrant traded volume/value vs mother share, clearly sharks were desperately disposing the soon-to-be worthless warrants

Later downgrade Malaysia's credit rating also...gg klci 1600

Latest EPS is pre-listing. It gets even worse

Market cap = 500mil * RM1.54 = RM770mil. NP RM6.5mil.

PE = 770/(6.5*4) = 27.5

Latest Qtr profit is RM6.5 mil, EPS 1.8c, annualised 7.2c, current share price is RM1.54, P/E is more than 20 la

Might as well say Mi Equipment is the same as the smartphone giant XiaoMi from China who's having their IPO in HK lolol

Break 4.1

Faster la malu malu kucing ka half day only la today

Smash RM4

If there's anything Ive learned it is that people just want to be spoonfed

Hence why in the end its ultimately better to manage outside money

That said in the near-term probability of upside is tilted towards exporters - gloves, apparel, furniture (maybe) etc

You have a strong US economy and jobs data and looming Fed rate hikes coupled with the recent change in our government (lets give them some time to iron out the kinks and implement their policies...) you would expect MYR to depreciate against the USD

https://www.channelnewsasia.com/news/asia/10-promises-in-100-days-pakatan-harapan-countdown-timer-starts-10221264

By May after relief rally and 1Q18 results, or even before, exit

Because old man koon will exit before you do. Because after that you will have the shutdown and spreads look meek, and as you all should already know by now, when he tells you RM18 and its fine to hold for a few years for a mere 100% (implying that those returns are modest, and that he's long-term and that you should too) you know he's going to do the quite opposite

Good luck and may all of you make money in these oh so turbulent times

Lmao old man koon's true colours have come through well since its already known you might as well embrace the reputation...alas is a life without dignity truly worth living

Well lets see if buying on the dips is still valid

Attacking someone and taking your own life are separate matters

Suicide is never a solution but lets call a spade a spade that life was taken due to the public exposure of his identity / IC

Ya i agree con all you ikan bilis IWC shareholders chase Bandar Malaysia OMV rm4.50 trolololol

lel you fellas whole point of rejecting is for it to pop back to 1.20...now rm1 only start selling already what a bunch of weaklings

The cash from the greenland sale alone is rm3 per share

But you guys should know, IWC is nothing without LKH, all that land, all those deals....

Plus IWC lacks strong institutional holders so unless a very mighty white knight comes in, nobody is going to push the price to its fair value

So that greenland sale and payment, probably going to be delayed again until LKH gets another plan

Or when its low enough and he'll offer to take over again at that lower price...

A rock and a hard place

Wait few months go and offer iwc minorities 80c la...2.4bil free money lel

They should fire that astramina lel lousy structure and cant go and do deals on the sides

Lel looks like the underdogs won

Go and ask the board and advisers what are the IWC swap terms with IWH la

Alright folks....who's volunteering to report LIVE from the MGM Grand Seasons Hotel 1030am tomorrow lets make it an event for the ages

In it for a roller coaster ride instead they give me a ride on a carousel lel

Pakatan no more bullet ka lel

IWH listing - Ekovest deal not even proposed, wait for it to be tabled first

Look at ekovest's list of shareholders, since hishammudin's brother and now khoo exited, institutional holders/sovereign funds, hold significant amounts, getting the share swap deal through which was already stated will be dependent on the 'merits of the deal' and assuming its a lousy deal, is not going to be easy

Ekovest shareholders =/= IWC shareholders lel

Vote for the deal. RM1.2bil and you get RM2.4bil

That is 1bil in profit (Ekovest's current market capitalisation is only RM2bil)

The rest of the IWC land banks are free. That is value accretive

Sooo good, why doesnt LKH privatise IWC?

Look at him, for all intents and purposes he doesn't have the cash (asset rich cash poor). That's why he tried to inject IWH and BM (no cash outlay) and end up with a large majority share. That failed. But....soon all of the value from the greenland sale will go to IWC shareholders, who for long have never appreciated the value of the company (depressed share price)....so how???

In comes Ekovest. The money that they will use to pay the RM1.50 cash per IWC share, will be 'paid back' via the cashflows from the greenland sale

You short term traders who know the price of everything and the value of nothing faster exit

Dont worry next week pakatan will sell down so smallholders will vote for them hahahahah

Theyre going to drown before they can crawl out of their debts

Ahjibkor says how to face smallholders when campaigning just let pakatan finish pressing trololol

Let's see how the c31 rabbit hole goes

I only want to know the % completion for SPE

The Vietnam project is crap la IRR 12% lol go put in FD better la

Nobody talking about Dow anymore ka lmao

Up a bit jump already

Yesss hantam all the way 2