JCBNEXT BERHAD

KLSE (MYR): JCBNEXT (0058)

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Last Price

1.61

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


9 people like this.

2,195 comment(s). Last comment by Fly888888 2022-12-01 12:57

Posted by smartmove100 > 2016-03-04 14:36 | Report Abuse

Any idea of the present business plan /acquisition's progress?

shinado

413 posts

Posted by shinado > 2016-03-11 21:14 | Report Abuse

If I'm not mistaken, it takes 2 years for the full transition to SEEK. Also, CEO Mark Chang mentioned in an interview with BFM quite some time back that they will take 2-3 years to look for a new business and also they are looking to invest in startups.

nnmm

145 posts

Posted by nnmm > 2016-03-12 19:26 | Report Abuse

anyone notice the share price movement of innity berhad? jobst owns 21%....

whitesheep

393 posts

Posted by whitesheep > 2016-04-15 11:14 | Report Abuse

cheap sales !!!

paperplane2016

21,540 posts

Posted by paperplane2016 > 2016-05-19 19:50 | Report Abuse

If invest in company like uber, grabcar, huat liao loh!

paperplane2016

21,540 posts

Posted by paperplane2016 > 2016-05-19 21:28 | Report Abuse

Jobst is now valued rm260 mil roughly at current mkt price

CUTLOSS

250 posts

Posted by CUTLOSS > 2016-08-21 11:22 | Report Abuse

Cornered stock? Why revenue, DPS so low?
http://klse.i3investor.com/servlets/stk/fin/0058.jsp

kaikai

171 posts

Posted by kaikai > 2016-09-26 19:29 | Report Abuse

A quick breakdown for everyone's consumption 1. Market Cap = RM190 Mil . 2. NTA RM 2.19 - NTA is derived from RM110Mil Cash in Bank, RM 20Mil in Building , RM 180 Mil in shares ( 104 Corp, Innity, Autoworld) . Shares alone is near to market cap. Cash is free for you to grab LOL !

kaikai

171 posts

Posted by kaikai > 2016-09-26 19:30 | Report Abuse

When people say money don't grow on tree, I usually cast doubt . The money is indeed hanging on the JCB's Tree !!

dompeilee

11,888 posts

Posted by dompeilee > 2016-09-27 17:03 | Report Abuse

Bought some JCBNext from 1.34 - 1.37

kaikai

171 posts

Posted by kaikai > 2016-09-28 15:19 | Report Abuse

Going well .. RM 1.43 ..

kaikai

171 posts

Posted by kaikai > 2016-09-28 18:43 | Report Abuse

Should be back to RM1.6x in no time assuming 30% discount to NTA ? .

Posted by goldeneyes007 > 2016-09-28 21:50 | Report Abuse

Yesterday hammer. Today bullish kicking... Woooww

dompeilee

11,888 posts

Posted by dompeilee > 2016-09-29 17:09 | Report Abuse

Wow I caught it at the lowest...so far... lol

kaikai

171 posts

Posted by kaikai > 2016-10-04 20:03 | Report Abuse

WOW 1.46 .. looking good again .

kaikai

171 posts

Posted by kaikai > 2016-10-04 20:04 | Report Abuse

One of the founder sold 11 Million Shares to Mark .. Something brewing ?

kaikai

171 posts

Posted by kaikai > 2016-10-05 16:06 | Report Abuse

updates : 104 corporation just declared Taiwan Dollar 280Mil dividend and JCBNext share is 23% of TD 280Mil which translates to RM8-9 Mill ringgit dividend.

paperplane2016

21,540 posts

Posted by paperplane2016 > 2016-10-06 09:30 | Report Abuse

something brewing here??

kaikai

171 posts

Posted by kaikai > 2016-10-06 12:09 | Report Abuse

2 co-founders sold their shares to Mark . Mark holds more than 25% as of last count. Mark + Seek holds more than 50% . April 2017 is 2 years anniversary from the disposal of core business and there may be chance the JCBNext will distribute the shares and cash back to shareholder

paperplane2016

21,540 posts

Posted by paperplane2016 > 2016-10-06 13:19 | Report Abuse

I thought they need to come with some plans after 2 years now. I suspect plan is done and to announce soon after looking at action recently.

ivantan

18 posts

Posted by ivantan > 2016-10-06 16:20 | Report Abuse

I think either Mark has found a strategic acquisition, or there will be surprise positive result from operation & investment, 104 corp dividend is one of them. according to an interview that i heard last time, he has been looking around. Maybe he can't find any, then possible distribution of all shares and cash to shareholder.

ivantan

18 posts

Posted by ivantan > 2016-10-06 16:23 | Report Abuse

Either way, very high chance the share price will shoot, it's a great time to hold its shares now..

powerwk

1,690 posts

Posted by powerwk > 2016-10-06 16:39 | Report Abuse

Hmmmm but what the price per share if they really goes for distribute the cash to all share holder?

paperplane2016

21,540 posts

Posted by paperplane2016 > 2016-10-06 16:41 | Report Abuse

walao, reall ygot something loh.

ivantan

18 posts

Posted by ivantan > 2016-10-06 17:04 | Report Abuse

Don't think can estimate now because we don't have access to the result & balance sheet of their investments, if they choose to distribute, then have to see the equity/book value in hand, which also include realized gains/loss in their investments, cash & estates (especially the Jobstreet building in Jalan tun ismail), depending on valuations these could end up a very good price per share. But just looking at P/E & earning valuations, the stock is very much undervalue now. I bought a lot myself!

kaikai

171 posts

Posted by kaikai > 2016-10-06 17:29 | Report Abuse

Thank you JCBNext, Thank you Mark. Yes, definitely something is brewing and I believe the other two shareholders has different ideology and decided to sell their share to Mark. After selling the stock, I am using the money as downpayment for C350e.

kaikai

171 posts

Posted by kaikai > 2016-10-06 17:30 | Report Abuse

Imagine if a new business like grab is injected into the listed company. How many times book value would you give the business . Take note now is 0.6-0.7x book. Share your views

paperplane2016

21,540 posts

Posted by paperplane2016 > 2016-10-06 18:39 | Report Abuse

Yeah. Hope for best

thesteward

6,759 posts

Posted by thesteward > 2016-10-06 20:33 | Report Abuse

:-)

paperplane2016

21,540 posts

Posted by paperplane2016 > 2016-10-07 10:10 | Report Abuse

wow

Mgician

716 posts

Posted by Mgician > 2016-10-07 10:33 | Report Abuse

Profit taking ... time?

paperplane2016

21,540 posts

Posted by paperplane2016 > 2016-10-07 11:20 | Report Abuse

I think it can goes back RM2. If business identify is good one, Maybe double my money with Mark. He is smart

paperplane2016

21,540 posts

Posted by paperplane2016 > 2016-10-07 11:42 | Report Abuse

Acquired 05 Oct 2016
6,680,000

0.800



Circumstances by reason of which change has occurred Direct Business Transaction
Nature of interest Direct
Direct (units) 30,717,700
Direct (%) 21.963
Indirect/deemed interest (units) 4,705,000
Indirect/deemed interest (%) 3.364
Total no of securities after change 35,422,700
Date of notice 05 Oct 2016

Mgician

716 posts

Posted by Mgician > 2016-10-07 12:12 | Report Abuse

wait for 2nd session ..see how market 'll react

paperplane2016

21,540 posts

Posted by paperplane2016 > 2016-10-07 12:14 | Report Abuse

he wollup all shares. Must be something concrete

paperplane2016

21,540 posts

Posted by paperplane2016 > 2016-10-10 20:47 | Report Abuse

I hope mark has good dish to serve

choop818

689 posts

Posted by choop818 > 2016-10-10 21:10 | Report Abuse

If Mark has a really good dish his partners will want a share in it, don't you agree? Even if they don't want to be actively involved, they can still be passive shareholders and enjoy the benefits? Was there a disagreement over Mark's new business venture? Let's wait and see.

Mgician

716 posts

Posted by Mgician > 2016-10-11 19:57 | Report Abuse

today was a bad day

paperplane2016

21,540 posts

Posted by paperplane2016 > 2016-10-11 20:31 | Report Abuse

Just accumulate slowly

Mgician

716 posts

Posted by Mgician > 2016-10-12 15:20 | Report Abuse

today no ppl.. so quiet

kaikai

171 posts

Posted by kaikai > 2016-10-12 16:55 | Report Abuse

Another chance to accumulate ! ..

Mgician

716 posts

Posted by Mgician > 2016-10-12 16:56 | Report Abuse

see how tmr .. hehe

Mgician

716 posts

Posted by Mgician > 2016-10-13 10:40 | Report Abuse

Today ppls left

paperplane2016

21,540 posts

Posted by paperplane2016 > 2016-10-13 15:52 | Report Abuse

hmmmmmmmmm, tempted to buy more.

Mgician

716 posts

Posted by Mgician > 2016-10-14 13:42 | Report Abuse

today same .. no show ?? Mr Plane

paperplane2016

21,540 posts

Posted by paperplane2016 > 2016-10-14 13:46 | Report Abuse

the due time is nearing, 2 year from 2014. Latest by next yr 1Q must come out with some plan mah. If not delist return money.

Mgician

716 posts

Posted by Mgician > 2016-10-14 13:49 | Report Abuse

wat can do now is get ticket... buy popcorn and wait for the show .. haha

paperplane2016

21,540 posts

Posted by paperplane2016 > 2016-10-14 13:54 | Report Abuse

On 19 February 2014, the Board had announced that the Company had entered into a conditional
share sale agreement (“SSA”) with SEEK Asia Investments Pte Ltd (“SEEK Asia”) for the
disposal of its online job portal business for an aggregate consideration of RM1,730.00 million
(“Proposed Disposals”). On 19 August 2014, the Board announced that the Company, SEEK Asia
Investments Pte Ltd and SEEK Limited had via an amendment letter dated 19 August 2014
agreed to revise the disposal consideration to RM1,890.00 million (“the Amended Disposal
Consideration”). Following the disposal, the Board had proposed to distribute to shareholders a
special cash dividend of RM2.65 per ordinary share (“Proposed Distribution”).

paperplane2016

21,540 posts

Posted by paperplane2016 > 2016-10-14 13:54 | Report Abuse

On 20 November 2014, the Board had announced that on even date, a total amount of
RM1,562.80 million, being the Closing Payment (calculated as the Adjusted Consideration(1)
minus the Set-Off Amount(2)), had been paid by SEEK Asia to the Company in accordance with
the SSA and the Amendment Letter. The balance of RM369.90 million, being the Set-Off Amount,
shall be set-off against the special cash dividend payable to Seek International Investment Pty
Ltd pursuant to the Proposed Distribution. In view of the above, the Proposed Disposals have
been completed on 20 November 2014 (“Closing”) and subsequent to Closing, there shall be a
final settlement of the Estimated Amount between the Company and SEEK Asia being the
Closing Date Financial Adjustment(3) which shall be determined and agreed between the parties.
The Closing Date Financial Adjustment has yet to be completed as at the LPD.

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