Dear DK66, Sometime people do not wish to argue for the sake of argument and hence politely stop the argument saying your are the most knowledgeable. Do not get carry away. I too do not wish to start an argument but seeing your promotion on JAKS continuously, my question if you are wrong with your so call knowledgeable on Vietnam IPP what will happen to those chasing high and suddenly the price collapse?. Knowledge is not fact or the truth. I see many red flags hence I advice you to attend the AGM and find out the truth and nothing but the truth. You can then present your AGM question and answer in this forum.
Thank you P/S: The previous promoter is now saying he is just a trader hence all the investor lose money last year and he make big money. When JAKS price collapse he say you are stupid to hold it long term. Hope you are an investor and not a trader.
Try to find out more about the conversations I had with Kcchongnz. Before that, do not make any remarks or jump into conclusion. Think about how kccchongnz will feel about your statement.
================ Sslee Dear DK66, Sometime people do not wish to argue for the sake of argument and hence politely stop the argument saying your are the most knowledgeable
I wasn't trying to prove that I m the most knowledgeable one in the vietnam IPP. I was merely trying to prove my point that fake information are easily spotted. If I had provided fake or inaccurate information, Kcchongnz would have spotted it. My credibility was long gone.
================ Sslee Dear DK66, Sometime people do not wish to argue for the sake of argument and hence politely stop the argument saying your are the most knowledgeable
My research on Jaks so far merely focus on its vietnam IPP. If you have doubt on its IPP, I will try my best to clear your doubts. If I can't, I will alert your concerns to the readers here so that they can make informed decisions and take precautionary cut loss measures.
If your concern is on its other business matters, I hope you can share your information for the benefit of everyone here. I3 readers, including me, always appreciate alternative views.
I m not stubborn, but just confident. I m too excited by this rare multibagger opportunity. I continuously call for buy recently for few reasons; 1. The price is low now, 2. The power plant is close to completion, 3. The downside is limited.
It would be irresponsible of me to make the call after the price has gone up substantially.
You have brought out the precise purpose of this article. I know you are trying to warn the readers here.
If you can't win the trust of the readers here, whatever you write is meaningless. They probably won't even read them.
So, the previous promoter turned so be careful of the new one ? A common mindset.
How do you expect someone with such mindset would take your writing seriously. They will second guess every single line of your article.
That is why I need to know whether my effort was worthy or I should stop being a nuisance.
================================ P/S: The previous promoter is now saying he is just a trader hence all the investor lose money last year and he make big money. When JAKS price collapse he say you are stupid to hold it long term. Hope you are an investor and not a trader.
To all of you here, I may have been very straight and inappropriate in my choice of words. Please forgive me for my less than average England. I can barely express myself.
I believe you are sincere I said it many times in jaks forum that you are the only sifu I can believe Nowadays not many willing to share but many willing to sell You are one of the rare fews who is sharing with us you good homeworks Have you not heard of the saying The onw who shares is the greatest People jealous of you Why? Because you are doing something they can't do Because you are doing something that they are not willing to do without a praise or money reward Because they do not like jaks now Because you are different
Doing something good you do not need good english, You need courage and a sincere heart. You should believe that the readers here are not stupid, they can tell who is sincere who is not. Who is a good man who is not.
I still need that to satisfy myself that the trouble I put in to motivate you is praiseworthy A good man needs the support of another good man to live happy Right?
This is called my good English. Can't make good money but can make good nonsense
Dear Dk66, Just back from over sea travel and look into i3 investor. Borrow a phrase from quack, quack, quack, “Integrity to self, integrity to others. In stock market, want to cheat others can end up only cheating your self.” So my advice to quack quack quack, walk the talk please?
Dear DK66 I attend 2017 AGM and come out not convince of ALP ability nor his integrity. Thus I sold my JAKS share for small profit and never look back.
Some of questionable deal you should bring out at the next AGM. 1. On behalf of the Board, Kenanga IB is pleased to announce that the Placement has been completed on 30 March 2018 following the listing of and quotation for 49,631,200 Placement Shares on the Main Market of Bursa Securities. This announcement is dated 30 March 2018. Question: This 10% private placement placed to whom? Is this PP to many shareholders with less than 5% each thus no announcement of new substantial shareholders? Are these shareholders still holding to their PP?
Dk66, You are a good man I really hate to say something that may hurt you But I am also a good man It is no good if I am not honest to you I agree with Sslee said about ALP I never forget what my mother taught me "never play with the bad guy" A bad guy is many times smarter than any good man can imagine I am very very sorry if what I said has hurt your feeling But you are a good man and I am also a good man How can I hide from you the bad and talk only the good You are a good man
What Sslee is trying to tell you is that If you only look at the ipp and forget the integrity of ALP, then a good man also can do a big harm to those who are lazy to think
Why so many people hate kyy?
He is also a good man!
But,
He teaches you how to make money But he did not teach you how to protect your gain
So you see.. Not easy.
But a truful good man never give up his willingness to share with us his good knowledge and homework.
Every entrepreneur will sometime do cunning things to bebefit themselves. It is in their DNA
But occasional poor corporate governance doesn't mean they are crooks and will never creat value
ALP delivers by securing the IPP for Jaks. Without his effort, everything else doesn't exist (china contractor, KYY, etc)
I am not saying it will definitely be a happy ending for us by investing in Jaks . Too early to declare victory. But so far things are heading in right direction
Quote us figures and facts if want to prove that buying into Jaks is bad decision. Broad and vague concepts do not help. We can't quit our endeavour just because somebody else thinks differently. We need solid reasoning based on facts
Posted by Aseng > Apr 6, 2019 8:32 AM | Report Abuse
Dk66, You are a good man I really hate to say something that may hurt you But I am also a good man It is no good if I am not honest to you I agree with Sslee said about ALP I never forget what my mother taught me "never play with the bad guy" A bad guy is many times smarter than any good man can imagine I am very very sorry if what I said has hurt your feeling But you are a good man and I am also a good man How can I hide from you the bad and talk only the good You are a good man
I see ekovest good future Many also see ekovest good future Who know One day LKH can add more story to sell durian Who know One day selling durian can be even better
You are right about ALP isn't a CEO one wishes to have. Given the drama we witnessed over the great fall, it is an obvious case of minority interests disregarded.
I have in my article "Jaks Resources - A new chapter ?" highlighted many "stories" including that of Sslee. There is no way to authenticate the validity of these stories but their logical explanations were difficult to refute. All stories suggested ALP as the biggest beneficiary. Why the great fall if nothing to gain ?
However, ALP is not a super human being, he too has greed and anger.
By all means, he defended his kingdom. When two elephants fight there will be collateral damages. He could have just accepted Mr koon into the board for the good of all shareholders. But how many can accept an intruder ?
ALP owned less than 10% in the company then and didn't have enough means to increase his shareholdings to a satisfactory level. Buying cheap seems to be the only alternative available to him. He could have waited for future dividend from the vietnam ipp to increase his shareholdings but that too can't achieve much as the price will be too high after the vietnam IPP revealed its potentials.
The 2 private placements and the warrant issue could have served his purpose.
So, he did what he has done for control and monetary interests.
I appreciate Sslee for his red flat.
Aseng, don't worry, I m more than happy if someone can provide credible arguments against my case. It prompts me to think and work harder.
Talking about figures I believe you will agree When jaks was trading at the price of around 1.7 or 1.8 All the figures must be pointing to the direction KYY was right So what figures you are talking if you do not know how to protect your gain when the WB has made 100% or 200% now
Thank you for the list of questions to ask during the next AGM. Those who wish to know the answers, please ask during the next AGM, though I don't think the BOD will provide any satisfactory answers. But it is always good to ask.
To be honest, I was hoping for more profound red flat issues concerning the company operations especially those relating to its vietnam IPP rather than insufficient disclosure of information and corporate exercise issues.
Except 1 and 3, the rest of the questions are more of information seeking rather than questionable deals ?
Don't get me wrong, I too wish to have all the answers to the questions listed by you. Always good to know more.
I concluded my survey when the article hit 1,000 views. There were 39 likes (including VenFx and demusangking). Some “views” were from by-passers, and some were due to repeated clicks to view comments. Therefore, I have no idea whether having 39 vote of confidence is considered a lot. I do not know how many disapproved me. Some seem to be on my equal side but did not press or said “like” for some reasons. I won’t do another survey to find out how many doubted my credibility (too cruel on myself). Some names like CharlesT, Sslee, Trulyinvest, and Newbie8080 are definite to vote “no”.
Anyway, 39 is good enough for me to stay on.
As a token of appreciation, you may write to me at i3dk66@gmail.com and ask anything about Jaks in PRIVATE (for whatever reason). Since I have your trust, I will answer with all my knowledge and a free mind. As I need to protect my sources, please refrain from asking for my sources of information. DO NOT share my information publicly without my permission. TQ
I have refrained myself from sharing information on i3 which I cannot authenticate publicly. Sharing of such information will attract a lot of unnecessary criticism. Most likely taken as sinister moves to manipulate prices. I myself will normally disregard unsubstantiated information.
I didn’t want to make the above comment earlier as I know it will attract many insincere “likes”.
DK66, I believe there are many more like me who like your kindness to share very much but forget to press the like Honestly speaking I like your kindness more than Jaks I like WCE & Dayang more than jaks Hopefully someday we are in the same boat
Aseng, I believe you are right. Anyway, since there are 40 people who have confidence in me, I will not stop sharing here. I share for joy and hope to bring joy to everyone especially those who have faith in me. I ask for nothing in return. A word of "Thank you" will make me very happy.
《I Think It's Neccesary To Clarify,"Mdm Tom aka Kimly2's" is To Acttack Me》
This kimly2 is a fake ids created by Mdm Tom, Intentionally to sabotage me from EG to everywhere i post my comment. I rarely attack anyone in i3 without a reason. But, only share and learn from i3 is my only objective.
Hope above clarify the allegations .
Ignorance of any if such ids (particulary Tom aka Kimly2 will do). Tq !
Venfx
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Posted by (Clark GKent) Philip > 2019-04-04 17:49 | Report Abuse
Some people need you to post your portfolio online before they will take you seriously.
Icon8888 is one such example.
He however would never post his own portfolio and his investing results publicly.