Posted by Travestor > 2020-02-13 14:26 | Report Abuse

If I currently don't have any yet, I would choose 2 and make sure to follow through with cut-loss just in case. This way, downside limited but upside as per your imagination.

Posted by DK66 > 2020-02-13 14:26 | Report Abuse

This article should not be regarded as a buy call but rather a call for decision making.

Posted by Travestor > 2020-02-13 14:27 | Report Abuse

Fortune favours only the brave. Those easily swayed can continue to stay and watch but don't be sour grape la.

Posted by DK66 > 2020-02-13 14:28 | Report Abuse

Travestor, right strategy.

First, limit your losses.

Posted by speedlikecy > 2020-02-13 14:30 | Report Abuse

no buy/sell call, your money your choice.

Posted by DK66 > 2020-02-13 15:44 | Report Abuse

PureBULL, thank you
--------------
PureBULL ... Good write-up:
In Nice n easy tone n yet simple n neat, not those super LONG to con everybody n the writer himself.
13/02/2020 3:35 PM

Posted by ramada > 2020-02-13 20:20 | Report Abuse

Reasonable Q&A.

Posted by Ahleong98 > 2020-02-13 20:26 | Report Abuse

Buy now or else will regret

Posted by DK66 > 2020-02-13 20:28 | Report Abuse

I believe many would still be asking this question when the price rally again :D

Posted by ramada > 2020-02-13 20:29 | Report Abuse

I won't say that. I have another K-pop songs to sing.

Posted by ramada > 2020-02-13 20:29 | Report Abuse

But I hope you guys win big in JRB. I won't jealous.

Posted by DK66 > 2020-02-13 20:33 | Report Abuse

Ramada, you sold already ? You were one of the early investors.

Posted by ramada > 2020-02-13 20:41 | Report Abuse

To be honest, I sold already. But now JRB still in my watchlist. I prepare to buy low or chase high if I think it has a better chance to win.

Posted by DK66 > 2020-02-13 20:51 | Report Abuse

Ramada, you made one round of profit. Hope to see you back on board soon.

Posted by ramada > 2020-02-13 20:57 | Report Abuse

Hopefully, DK66 bro.

Posted by DK66 > 2020-02-14 08:54 | Report Abuse

Most will see the price going up from 0.4 to 1.5 in 12 months as excessive but failed to see that Jaks' price was already 1.84 in Jan 2018. Price trend was distorted due to huge forced selling.

Posted by Ahleong98 > 2020-02-14 08:56 | Report Abuse

upupup today

Posted by RainT > 2020-02-14 14:50 | Report Abuse

wah

Posted by VIN3133 > 2020-02-14 14:54 | Report Abuse

At that time , it was in a different scenario even though the power plant was still quite far away from completion . The super investor with powerful $$$$$ was the mover of price at that time .
Now , we are waiting for powerful $$$$$ to come in . It can be any one , from local and foreign . Once the powerful $$$$$ come in , Jaks will shoot up earlier !
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DK66>Most will see the price going up from 0.4 to 1.5 in 12 months as excessive but failed to see that Jaks' price was already 1.84 in Jan 2018. Price trend was distorted due to huge forced selling.
14/02/2020 8:54 AM

Posted by DK66 > 2020-02-14 15:29 | Report Abuse

I wish to thank OTB for providing me with the correct adjusted price chart of Jaks

Posted by DK66 > 2020-02-14 22:42 | Report Abuse

Unless one can correctly estimate the future earnings of the power plant for the next 25 years, you will never be sure whether the current price is too high even though it is trading at historic high now.

The rational logic is the price will continue to trend higher in the mist of growing optimism and awareness on Jaks due to its power plant achieving commercial operation soon.

I m not implying that it will go up forever, it won't.

Posted by DK66 > 2020-02-14 22:46 | Report Abuse

The 1200MW power plant is a huge investment project, it won't go unnoticed. It is already the most widely picked stock in the 2020 stock pick competition.

Posted by Ng Chian Zhong > 2020-02-15 21:12 | Report Abuse

Have you thought of which project / construction works would be focusing on after completion of Hai Duong power plant?

Posted by DK66 > 2020-02-15 21:22 | Report Abuse

Jaks has earlier signed a MOU to acquire a solar farm in vietnam but the deal fell through. I presume the management is still seeking other solar opportunities in Vietnam.

Posted by Ng Chian Zhong > 2020-02-15 21:42 | Report Abuse

Thanks a lot, I think this would be a question to ask in AGM.

Posted by DK66 > 2020-02-16 21:44 | Report Abuse

Perhaps the article below can help to answer "can I still buy ?"

Jaks Resources - A More Accurate And Reliable Average Valuation
https://klse.i3investor.com/blogs/Jaks%20resources/2020-02-16-story-h1483823173-Jaks_Resources_A_More_Accurate_And_Reliable_Average_Valuation.jsp

Posted by DK66 > 2020-02-19 09:51 | Report Abuse

"Can I still buy at 1.50 ?" I asked my friend.

He replied;

Buy at 1.50 and cut loss at 1.10 (important technical support), you lose 0.40

DK66 has derived an average valuation of 5.40 using 5 different methodologies.

If DK66 is wrong, you lose 0.40
If DK66 is 30% right, you break even.
If DK66 is 50% right, the price hits 2.70, you make 1.20. (IBs like to discount 50%)
If DK66 is 100% right, you make 3.90.

So, is it wise to risk 0.40 for a most likely 1.20 gain and a potential 3.90 gain ?

Use your wisdom.