now mr koon started to twist the fact again, now he trying to use vs to compare with the jaks he bought, he never learn from stating out the fact, it is about another pump and dump scheme by koon yew yin
you all why so hate koon YY? i really don't understand... you think he wrote all those reports for us, punters/small fries, to see and buy and support????? HE WROTE IT TO INFORM FUND MANAGERS TO BUY AS MOST OF THEM ARE SHORT OF GOOD IDEA'S TO BUY. THEY ARE THE ONE THAT HE IS AIMING AND I SUPPORTED KOON YY AS FUND MANAGERS ARE THE REAL SUCKER'S THAT SUCK SMALL FRIES LIKE US.
KUALA LUMPUR: Shares in JAKS Resources Bhd is on a retreat from a 12-year high on what seems to be some mild profit taking activities following the stock’s recent price surge.
At 3.24pm, it was down five sen to RM1.67 but it is up 66% year-to-date.
There is an interesting debate online on whether JAKS, which made a loss of RM24mil in its last quarter ended Dec 31, 2016, is actually worth a punt.
The huge loss in the last quarter put the company barely in the black for the full year.
But one of its substantial shareholders has launched a spirited defense of the company online.
Koon Yew Yin, who together with his wife had amassed 129.2 million shares in JAKS in recent months, said the company commands a higher valuation largely based on its power plant potentials.
Koon is one of the co-founder of Gamuda Bhd, IJM Bhd and Mudajaya Bhd.
JAKS and its Chinese partner, are building a 1,200mw coal-fired power plant in Vietnam. The project is expected to be completed by 2020, with a concession period of 25 years.
Critics argued that is a long way off and there is still construction risks that needed to be factored in.
The first unit of 360 mw will be operational by end of March and the second unit will be operational by end of the 2nd quarter. By the end of the year all the 4 units will be in full operation.
The completion date has been postponed a few times until investors are fed up. As a result the share price remains depressed for so long. I believe the announcement of the additional profit spread over 25 years will be the catalyst to propel the price upward.
Today while I was writing this article, a big fund was buying aggressively to push the price up by 12 sens to close at Rm 2.80. The total volume traded was 2.972 million shares. It looks like the long delayed announcement of the additional profit from the Indian IPP concession will be out soon.
I am obliged to tell you that Mudajaya is my 2nd largest holding and I am not asking you to buy it. But if you do, I am not responsible for your losses.
There a few idiot side kick promoting jaks & come to defend their master loh....!!
But fundamental, it is a dead duck once...their master stop buying due to run out of monies loh....!!
A business based oversea...where u need to wait 5 yrs or more....and loss making with no margin of safety....is obvious not worthwhile investing on it loh...!!
Just buy and keep money in your pocket la... KYY is generous man. Just want share his fortune with you only. Why need to argue, you want you buy, you dont want dont buy. If dont want any risk better go to ASB lor.
Unlike the rest of us, KYY can push his stocks as he can collect until becomes the substantial shareholder! This is where margin accounts becomes his ultimate tool! Unless you have war chest like KYY, your margin account becomes your double edge knife! Unfortunately for him, most have caught up with his pump and dump tactic!
If it is a good company at least u can push the company to squeeze a little more profit & cashflow loh.....!! This will help u tie over....when u r stucked...with margin loh..!!
But if u r holding....a lemon stock like jaks with big losses....how much u can squeeze water from hard rock leh ???
Unlike the rest of us, KYY can push his stocks as he can collect until becomes the substantial shareholder! This is where margin accounts becomes his ultimate tool! Unless you have war chest like KYY, your margin account becomes your double edge knife! Unfortunately for him, most have caught up with his pump and dump tactic!
If it is a good company at least u can push the company to squeeze a little more profit & cashflow loh.....!! This will help u tie over....when u r stucked...with margin loh..!!
But if u r holding....a lemon stock like jaks with big losses....how much u can squeeze water from hard rock leh ???
OMG, what a wonderful debate. You all make my day. I am loving it. I know who is (or are) the real noble man (or men) here. I am going to keep secret(s) who I am supporting in this forum. Let me just be a free bystander.
i heard got some female buffaloes arranged at the seminar for mating attraction.....then very fast buffaloes procreate loh...new buffaloes keep coming...and keep coming...
Bro probability u very hamsup...quietly attended the seminar on 30 mac...i dont think u went there waiting for tips to buy Jaks...99% for swee swee female buffaloes
KYY is boring without Bursa. :-) KYY needs Bursa. Why Kyy doesnot dabble in oversea like USA stockmarket, the biggest market in the world??? Kyy can buy Apple, Google, Amazon, IPP - Solar, Wind, Nuclear etc. Endless money making for Kyy. He has plenty of money to do that. Mystery of kyy. Food for thought. We need kyy to win big in US market for Malaysia honour.
Don listen to Mammy loh....investment is a serious business...it is not game loh....!!
If u invest Not to lose is very important loh....!! U must understand...when u invest...it is not u alone invest...it is u, ur wife,and ur children also loh....!! Ur whole family depended on u loh....!! Their dally food, accomodation, education and well being all depended on u mah....!!
U need to be responsible when invest & do not gamble away loh...!!
If u fail...ur whole family will fail too loh...!! So u cannot make too many silly mistake mah...!!
Thats why u need value & fundamental investment with margin of safety & not gut feeling gambling as advocated by mammy loh....!!
Btw...Jaks...is just a rubbish...overvalue counter..with no margin of safety promoted by conman KYY and side kick mammy loh....!!
Hmmmm.. Calvin this round i support your opinion. If everytime you can explain in this way and not shout conman stock from counter to another counter or run run run before too late, i think will be better. Bye good night and have a nice day ahead.
Lots of heavyweights sifus here, like CharlesT, stockRaider, Calvin, Paper plane, Probability, Icon888 Vs Stockmanmy and his master Kyy. I have being enlightened by all of them. TQ. Particularly the soundest advice was given by stockRaider who said this below → ....... Stockraider →→Don listen to Mammy loh....investment is a serious business...it is not game loh....!!
If u invest Not to lose is very important loh....!! U must understand...when u invest...it is not u alone invest...it is u, ur wife,and ur children also loh....!! Ur whole family depended on u loh....!! Their dally food, accomodation, education and well being all depended on u mah....!!
U need to be responsible when invest & do not gamble away loh...!!
If u fail...ur whole family will fail too loh...!! So u cannot make too many silly mistake mah...!!
Thats why u need value & fundamental investment with margin of safety & not gut feeling gambling as advocated by mammy loh....!!
Btw...Jaks...is just a rubbish...overvalue counter..with no margin of safety promoted by conman KYY and side kick mammy loh....!!
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
56,628 posts
Posted by calvintaneng > 2017-04-06 15:41 | Report Abuse
Mudajaya is the better buy now!
The fundamental of Mudajaya is superior to Jaks at current prices!