Can a leapord change it's spots? I hope you do well with your jaks investment, Dennis.
But the simple fact is: how much opportunity have you lost in the past 3 years, I have to admit, in this current year which is covid-19 year, it is probably the best opportunity to make money buying cheap stocks of wonderfully run companies or profit from good company growth.
Pchem 50% with dividends from March lows. Glove stocks 600% with special dividends. Unisem 400% tech stocks. Dividends. Mrdiy 37% post ipo with 54% yoy results. QL 40% with dividends. Liihen 300%. With dividends. Dpharma 400%. With dividends.
So many industries, so many top companies to choose from, the value of picking the top companies from each industry, along with dividends to ride you over during this trying times.
Why choose a company that asked you to keep pumping more and more money in the the past 3 years just to keep the same shareholdings? No dividends. Many promises.
And after this is over, how many billions of shares will that earnings be share amongst?
Can you really see yourself holding this company for the next 3 years, 5 years, 10 years forward?
>>>>>>>>>
During the last 3 years, Jaks was facing lawsuits, project delays, LAD, cash flow problems, and covid19. All businesses activities, except Vietnam EPC, were facing losses. Property development division was the major drag. There were numerous fund raising exercises to raise funds for its EPC works. The latest right issue is to raise fund for Jaks to complete its ownership subscription in JHDP.
Good for you. 500x100x0.35 = 17,500. Your salary is much much more than this as the big senior management of PT bumimas. Are you telling me your conviction of the company is so low you only bought 17k of your favorite company during the March lows? Ooh ye of little faith. Guess how much of my portfolio % I am willing to put in for something I do understand.
Please be reminded that there will be around 1 billion new shares at adjusted cost per share of RM0.47 to be listed on 26th Nov. For longer term investors who do not want to be taken by surprise, you may wait until 26 Nov before making your decision. However, please be informed that Unit 1 of the power plant will complete its trial run on 14 Nov 2020. Again, I m only here to ring the bell, the decision is entirely yours.
Do not blindly follow advice of anyone in i3 without checking their history. If you lose money, you only have yourself to blame. There are more evils than angels in i3.
Update on the progress of power plant : Unit 1 has successfully completed 336 hours trial run at 5pm 17 Nov! This means that the Unit has cleared the last hurdle to get COD certification.
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 3395 views | 3 d ago
0:17
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....
gemfinder
6,880 posts
Posted by gemfinder > 2020-11-08 21:49 | Report Abuse
From last year scam newbies until now