any project 83% sold should be viable...ok....$ 300 million unbilled sales will also create cashflows.
$ 50 million property development cost in the Balance Sheet....this represents the 17% unsold unit , and the balance in the development account from the 83% sold. LAD will expire when they are delivered.
unbilled sales/total sales , 329/915 or 65% completed as at 2017.
PDC balance of $ 50 million vs $ 300 million unbilled sales should not create a problem....may even give u positive surprise.
starting next year...what u have is what u really wanted, a Company with EPCC profits from Vietnam and then 30% of an IPP.
patient la...Patience is a virtue.
stock market....they call it greater fool theory.....u either buy a share thinking they are greater fools out there.....or u sell a share thinking there are greater fools out there who couldn't see a gem and fear of the unknown., together with recency bias.
bear market, what to do? everybody fears some thing.
Will continue to lose money until 2020 before completion of Vietnam Power plant. No cash flow for next 2 years.
Can Vietnam Power Plant complete in time ? Do you think it is better to wait until Vietnam Power Plant is completed before you invest ? Invest in stock market, there is no if but must be sure.
Please note that all old projects in Malaysia secured by Jaks, if I am not mistaken all lost money. Do not know on the new project on the highway.
you can see example in the movies, 2 enemies just for show to generate business, actually best friends since childhood. Meet at nite to split profits ============================================================ billionn Maybe they two try to put up an act together? Sigh! Who knows? 13/12/2018 14:41
a Buy Call for Jaks at 45.5 sen is not too brain damaged. I can accept that based on sum of parts valuation and risked assessed future PE.
a Buy call for Jaks-Wa when 25 sen when mother is trading at 45.5 sen is too way deviant to be acceptable to society. A buy call for Jaks-Wa at 5 sen is more reasonable.
i3lurker a Buy Call for Jaks at 45.5 sen is not too brain damaged. I can accept that based on sum of parts valuation and risked assessed future PE.
a Buy call for Jaks-Wa when 25 sen when mother is trading at 45.5 sen is too way deviant to be acceptable to society. A buy call for Jaks-Wa at 5 sen is more reasonable.
the only thing I don't like is that Uncle Koon is out
I mentioned before that I feel more comfortable if he is in there as he can help to monitor the 10% shareholding CEO (LOL)
I always feel uncomfortable with the Boss holding so little as they might not treat the PLC well.
but one thing positive is that through this latest rights issue, Ang and friends subscribed for more than 150 mil warrants. If they manage well and push up Jaks price, they can be handsomely rewarded also
Brilliant article icon888 I like the analysis. May I ask a small question, I have trouble adding a label of the stock to my blog. May I learn from you how to do it?
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....
pussycats
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Posted by pussycats > 2018-12-13 06:44 | Report Abuse
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Icon888, can believe kah jaks management words, after so many putar alam from management.