To be honest, I don't think your opinion below is wrong. But neither am I too excited about it. I just like the warrants at 25 sen so that when Vietnam's war ship bombarded China oil rig (because Trump guarantee to the Vietcong that it is ok to do so) , I only have 25 sen to lose, not 50 sen
of course I know WA is expensive from conversion premium point of view, but I can live with this temporary anomaly
because I think it is worth RM1.80 ultimately
Posted by CharlesT > Dec 3, 2018 08:46 AM | Report Abuse
Anyway I think JAKS at 0.50 shall have limited downside by now...should bet on mother io WA at 0.25 at this level
Sarifah, Mr koon did not screw up the warrant. If he abandons his warrant, who benefits ?
The timing for the corporate exercise is extremely bad. Why plan it with a poor results ? Most corporate exercises are done with lots of feel good factors.
The vietnam IPP is a game changer for jaks', not only Andy won't risk the construction works, CPECC will not allow Jaks to jeopardize the whole project.
When you sold the share below your average buy price is a loss lar . Even you swap to warrant after sold to leverage and minimize the risk. Must have confident with mother share then get reward from warrant. If no confident better dont get any of the warrant, later 100% burn.
where got culprit...I still receive this message from kyy in whatsapp yesterday.....".I believe I will be able to make back some money with my tested skill."...and 99% of the time, not talking about stock market.....
when a large stakeholder start selling ( amid depressed conditions ) price of this category will drop faster . lack of institutional support can be clearly seen from the chart pattern. just my personal take
".I believe I will be able to make back some money with my tested skill."
Wait wait wait...on the second thought could he be implying he will join Koon Bee System again? Like how he dumped all his Mudajaya/Rsawit etc without hesitation n switched to export counters in 2014??
All self professed gurus and super investors here seem to missed it. I said from the start that Jaks is not a good stock to put your hard earned money into and for the gullible using margin too. I mentioned that the most pertinent criteria in stock picking is the management that runs the company. Jaks has a very poor track record. Yet there were self professed super investors that were attracted to this stock. There's no free lunch in this world. So, what goes around comes around. Hopefully, this will serve as a lesson to all to buy companies that are managed well and not prices ramp up through private syndicates and gullible followers that think they're invincible. These people has finally got their fingers burnt. This is their karma for boasting in the past on their track record. Their modus operandi was to attract unassuming investors to help push their share price up. Hopefully, they will be more humble in their writing in future, cheers.
can you substantiate you claim with a more convincing example that a general statement if i find what you said is believable , i will sell all my warrant the first day
Posted by Investor 999 > Dec 3, 2018 09:42 AM | Report Abuse
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CharlesT
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Posted by CharlesT > 2018-12-03 08:48 | Report Abuse
Then u reduce yr total exposure in JAKS...OK loh
The main issue now is whether Koon will continute to sell mother and whether he subscribes the WA at 0.25