Raider remember that i m the 1st person to speak agast jaks, when it 1st recommended by kyy at rm 1.30.....it price subsequently dip a little to below rm 1.20......then shoot above rm 1.80 loh....!!
At Rm 1.80 what can raider say leh ??? Even lousy must keep quiet loh.....!!
Without selling 1 MW of power u say the power plant makes alot of monies ??? But it is left pocket....right pocket treatment loh....it is not real profit earn mah....!!
The real reason why u lose money on Jaks is bad, unreliable management and of course, very bad market.........not your golden rule/ skill.
no idea why their Vietnam quarterly revenue slashed down so drastically from $ 93 million to $ 60 million to $ 30 million....They have accounted for 30% of the work, in other sources Directors say 40% of the done has been done.
did management manipulate the accounts? why? I leave it to your imagination.
normally people only manipulate up, where got people manipulation down? and at a time of doing a warrants placement.
I can understand they want the lowest possible warrant price......but now it has back fired and the warrants will fail......
Unker Koon, if you read my comment here I would like to point out three mistakes you made :-
1. You didn’t put “global macro” into your formula. Like qqq3 said - rising tide lifts all boats. In the past few months- global sentiments were real bad. I don’t have the data but I am sure 80% of the stocks in Bursa are red.
2. Unker you used to mentioned cup and handle breakout chart pattern. It had showed a failed breakout(fakeout) in jan - unker should have cut down his size once the breakout pattern failed to hold
3. Unker should understand his way of trading doesn’t work in such a illiquid stock - liquidity will kill unker anytime
Of coz unker can argue he used same way and made a killing in hengyuan, liihen but again - “rising tide lifts all boats” , unker was just got fooled by randomness
y Bull is Dead > Dec 8, 2018 05:27 PM | Report Abuse
But here's the weird thing, if you feeling tired all the time, try eating Bah Kut Teh for breakfast or dinner! It will boost your energy level like superman, and ehem, keep your wifey happy, wink wink! While seafood will make your body suffer in long run! =======
The real reason why u lose money on Jaks is bad, unreliable management and of course, very bad market.........not your golden rule/ skill.
Recap....for genuine investors, ( not for traders ) in future ....management quality should be number one consideration...followed by good business...then only good numbers.
Posted by CharlesT > Dec 8, 2018 05:27 PM | Report Abuse
I think mr.koon met up with cpteh today at starbulks subang parade to learn how to cut loss....but not sure who paid for the coffee...could b cpteh ================
what u talk la....
margin calls selling....u still have your margin reserve as reserve. Bankers very conservative, and even more conservative here when it is a single stock portfolio......margin reserve minimum 30%.....30% on $ 300 million portfolio still got $ 100 million still got seafood and abalone.......
end of story,uncle already confessed he sold all of jaks already.....ikan bilis still thinking jaks can comeback to 1.00,keep dreaming. 40cts and below kambing…..GAME OVER
I m glad that finally cpteh did contribute a bit...unlike qqq3 ========
this is internet age...knowledge is readily available.....but putting knowledge into practice is a different thing all together....if u buy and hold a huge huge position, it is near impossible to cut loss without forced selling.
forced selling has become blessing in disguise...Ah Weng Lost Horse.
margin calls selling....u still have your margin reserve as reserve. Bankers very conservative, and even more conservative here when it is a single stock portfolio......margin reserve minimum 30%.....30% on $ 300 million portfolio still got $ 100 million still got seafood and abalone.......
Let me help you do some investment. Let me invest RM10m on your behalf. Profit will be shared equally. No scam here. No worries. Can contact me for further discussions. I have the brain but do not have the bullets.
Let me help you do some investment. Let me invest RM10m on your behalf. Profit will be shared on 3:7 basis, yes you 3, I 7. I can turn your RM10m into RM30m in 1 year. No scam here. No worries. Can contact me for further discussions. I have the brain but do not have the bullets.
Let me help you do some investment. Let me invest all your money on your behalf. Profit will be shared on 99:1 basis , yes i 99% , you take 1% , I can turn all your $$ into toilet paper in 1 year. u think i scam u is it? u should be worry, but u dare contact me for further discussions? I have no brain but my balls surely is heavy.
Let me help you do some investment. Let me invest RM10m on your behalf. Profit will be shared on 2:8 basis, yes you get 8, I get 2. I can turn your RM10m into RM30m in half year. No scam here. No worries. Can contact me for further discussions. I have the brain but do not have the bullets.
Unkle Koon, I believe you can make back 64m in a jiffy, no problem. Just remember to use margin to the max and bet big big so within a short time you can reclaim your stock god status. And yes, please buy so much you exceed 5%, and don't forget to declare your sell and buy movements if not SC will come knocking on your door.
I hope uncle Kyy does not try or even dream to recover his RM 64 mil loss.You are ady 85 yo uncle.Time is running out.Spend your remaining time wisely.Market is against you now. Before 2018 even ah lian can sailang n win a merc but now 2019 is approaching.To quote a prominent future inmate of sungai buloh luxury resort " CASH IS KING ".
I hope the profit he made in 2015 still can cover for this big loss. This big loss can be avoided if he is not so arrogant to listen to his advisers. There are advisers told him not to touch Jaks, he refused to listen and insisted to proceed.
The profit made from Power plant construction is not real profit, it is just paper profit used to payback investment in Power plant. No physical cash taken out from this construction work.
Want to buy Jaks, wait until power plant is completed. Are you sure power plant can be completed in time ? Jaks is famous for not complete work in time in all Malaysian projects.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3157 views | 3 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
davidkkw79
5,068 posts
Posted by davidkkw79 > 2018-12-08 16:36 | Report Abuse
Sell sell sell