Posted by Pinky > 2021-02-15 13:09 | Report Abuse

No dividends foreseen. Not attractive

Posted by winston1 > 2021-02-15 22:04 | Report Abuse

Capital appreciation is more important

Posted by Pinky > 2021-02-16 09:54 | Report Abuse

If u invest in a profitable business and it distributes dividends to you, that is a certain income and gain.

Capital appreciation will only happen when market participants help push up the share price.

Just like property, some (especially high priced ones) "got value, but no market"

Posted by Pinky > 2021-02-16 09:55 | Report Abuse

It's better to invest in assets that generate income AND capital appreciation

Posted by Anaconder > 2021-02-16 17:30 | Report Abuse

Con-stock, better avoid buy Luxchem 100 times better

Posted by Karlos > 2021-04-17 09:16 | Report Abuse

Fully agreeable with you Pinky. Dividend is real but profit is only an accounting concept and capital value/appreciation solely dependent on the market. Jaks has a very profitable IPP in Vietnam that will surely generate robust profit and cashflow for 25 years albeit it owns only a minority interest of only 30% but with an option to increase to 40%. Very likely no cash distribution from in the early years of operation as the IPP needs to, among others, pay down debts and provide working capital for the operation.
The return on the IPP is very attractive and virtually guaranteed provided no failure in its operation. It is only in the latter years the project owner will have huge cashflow for distribution. Those who intend to invest in Jaks for long term will be very well rewarded provided Jaks will not again having money loosing projects going forward. New IPPs even in Vietnam will not likely be as attractive in terms of both returns and terms of contracts.

Posted by Analyser > 2021-04-17 09:24 | Report Abuse

Con-stock? No dividends? How would u know for sure? Once IPP generate sufficient cashflows and Jaks become a cashcow, there will be dividends by then.

why distribute dividends at a time when they need cashflows to buy the remaining 10% stake? if they give dividends now, u should be extremely worried instead.