Be the first to like this.
7 comment(s). Last comment by SarifahSelinder 2023-06-23 09:57
Posted by It's Compounding > 2023-06-16 16:56 | Report Abuse
Thanks Gotyou, really appreciate your effort to explain in depth the cash situation of Jaks.
Posted by Gotyou > 2023-06-16 17:31 | Report Abuse
It's Compounding, you're welcome. Jaks cash management is very poor thus had to carry out multiple equity funding raising exercises. This is detrimental to minority shareholders having their shareholding diluted many rounds. Jaks' share price has fallen to less than RM0.20, another round of large equity rights issue will likely halves the market price.
Posted by soon9913 > 2023-06-18 00:09 | Report Abuse
dont overthink
attend the AGM next week to find out
Posted by hng33 > 2023-06-20 22:39 | Report Abuse
Gotyou
Thanks for your detail figure particular on information related to power plant financial report and possible right call due to detail in restricted on retain earning which make jaks insufficient to subcribe 10% stake. I have tried many time to cut at 19sen, but ended cut all at 18.5sen to free up capital
Posted by SarifahSelinder > 2023-06-23 09:57 | Report Abuse
Apa speculation u on what are in the other current assets 760k?
U ada anything on how fast EVN is suppose to pay JPP? 1 2 3 4 5 bulan?
Oso ada ka EVN has been paying JPP tepat pada masa nya mengikut tempoh?
No result.
1
The Alpha Trader
2
Mercury Securities Research
4
5
6
save malaysia!
7
BFM Podcast
#
Stock
Score
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
CS Tan
4.9 / 5.0
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....
Gotyou
35 posts
Posted by Gotyou > 2023-06-14 19:55 | Report Abuse
I think Jaks management should clarify on the source of funding for the 10% optional interest in JPP.