Posted by SexC > 2014-02-27 17:29 | Report Abuse

bt i think again ah.. only 1 or 2 ang mo selling o.. so ah stil got chance d other ang mo may b block d deal o.. if block sui liao.. cos d price wil go up lo.. if SEEK later insist wan to buy ah.. must give better than 2.40 n no PN 17 later

i c like SEEK never informed any of them ler... so all of them surprised ler n pissed off ler.. n 1 or 2 of them selling.. others wil block tis deal cos SEEK ah never informed them ler..

Posted by SexC > 2014-02-27 17:32 | Report Abuse

oh.. especially never informed thm PN 17 later ler~

there r many instituational investors in JOBST u know or not? do no u check n c la..

Posted by SexC > 2014-02-27 17:51 | Report Abuse

shinado~ u get wat i say or not o??!

Posted by SexC > 2014-02-27 18:08 | Report Abuse

if u stil don't get it... it is like tis.. some wil fight.. some wil flight..

those ang mo who r not selling wil fight..

chicken shit like irv28, tonsileater, shiono n d ang mo who sold yesterday wil flight..

Posted by SexC > 2014-02-28 08:29 | Report Abuse

SEEK has only 22% in JOBST.. I c 75% chance tis deal wil b blocked by d institutional shareholders if SEEK cannot announce a satisfactory solution to d PN 17 problem before d deal comes up for voting.. soon

U r worry abt PN 17.. u r not alone.. d institutional shareholders r too

Posted by SexC > 2014-02-28 08:48 | Report Abuse

JOBST wil b PN 17 after d 2.40 special div.. Everybody complained cos JOBST is a good co whc shd b worth much more

Ask urself.. if u can block d deal wont u block it?

D institutional shareholders wld think same as u

Posted by SexC > 2014-02-28 08:57 | Report Abuse

Think of MISC HLCap..

Posted by SexC > 2014-02-28 11:53 | Report Abuse

OMG.. not one more ang mo leaving!?!

Posted by David Mor > 2014-02-28 14:40 | Report Abuse

the selling deal to SEEK havent been finalise yet? or still need go thourhg shareholder meeting?

Posted by SexC > 2014-02-28 14:44 | Report Abuse

stil need shareholders approval

Posted by SexC > 2014-02-28 14:51 | Report Abuse

yes David tat is d spirit .. go n bang table in d EGM.. n ask SEEK why so selfish only taking care of SEEKs interest.. how abt d others'??

Posted by SexC > 2014-02-28 14:53 | Report Abuse

bang table.. n of course vote against d sales.. unless no PN 17

Posted by Lew Chin Hoong > 2014-02-28 15:50 | Report Abuse

honestly, each share pay back RM2.40 only is unreasonable. It is not a good deal.

Posted by SexC > 2014-02-28 15:53 | Report Abuse

ya.. n PN 17 later..

but if ang mo keep leaving.. it wil all depend on u to attend d EGM n vote..

Posted by bursacow > 2014-02-28 16:16 | Report Abuse

sexc...you are damn funny. so are u buying now? grab the shares in market to against the deal. seek is paying 30 times PE and 20 times EV/ebitda. whatever valuation standard it's a very price.

Posted by SexC > 2014-02-28 16:25 | Report Abuse

cow.. u r damn stupid.. NTA 2.73.. n later PN17.. if such a fantastic deal why r some institutional shareholders selling?

Posted by bursacow > 2014-02-28 16:29 | Report Abuse

u don't even understand why it will get into pn17. it's a bursa regulation and by getting into pn17 does not mean that the share price will turn sour. look at adventa....as long as the management lay out a good regulation plan jobstreet will get out from pn 17 after 3 consecutive quarters of profit. don't know who's so stupid here

Posted by SexC > 2014-02-28 16:34 | Report Abuse

HaHa I of course understand in tis case why JOBST wil get into PN17.. tat is why i hv bin buying..

Errr.. u r wrong u know.. in tis case it is bcos post sale JOBST wil hv insignificant operation tat is why it wil b in PN17.. not deal to financial hardship

Posted by bursacow > 2014-02-28 16:40 | Report Abuse

any pn17 company can submit their plan to bursa after they fulffil 3 quarters of profit to get out from pn17 status. this is a bursa regulation...nobody is saying jobst will be in pn17 due to financial hardship. jobst already mentioned clearly in their documents they wll have insuffcient revenue.

Posted by bursacow > 2014-02-28 16:44 | Report Abuse

many of us here are long term jobst shareholders. they already run the company from a mere below RM0.7 (after including bonus) to current price. i don't mind to hold a profitable pn17 company ,significantly undervalue for 1 year rather than holding loss making main board company.

Posted by SexC > 2014-02-28 16:46 | Report Abuse

ok.. u know.. so in tis case it wil b relative easier for jobst to fix d pn17 problem.. as it stil hv 16 mil net cash if i remember correctly...

bt u must remember thr r a lot of institutional shareholders in jobst whc i m rather sure not mandated to invest in pn17 cos... so d possibility is very high tat d deal wil b blocked.. wat say u?

Posted by bursacow > 2014-02-28 16:48 | Report Abuse

mark chang and the other founders will net in RM400 million cash after dividend payout. what will they do if their company is undervalued. and what's the market cap of jobstreet after ex-dividend if the current RM2.48 remains.

Posted by SexC > 2014-02-28 16:49 | Report Abuse

After jobst sold d sub group jobst.. jobst wil no longer b a profitable pn17 company.. whr d profit from?


i don't mind to hold a profitable pn17 company ,significantly undervalue for 1 year

Posted by bursacow > 2014-02-28 16:53 | Report Abuse

who told u no more profit? they got 20++% stakes in 104, innity and 8% in cinmedia. the dividend income and share of profits alone will bring in rm10 million per year

Posted by SexC > 2014-02-28 16:55 | Report Abuse

~they got 20++% stakes in 104, innity and 8% in cinmedia.... if tis is so big why jobst wil go into pn17?? ths r obviously not big enough

Posted by bursacow > 2014-02-28 16:56 | Report Abuse

sexc...instead of jumping in and out here ...why don't you read more investment books during your free time

Posted by SexC > 2014-02-28 16:57 | Report Abuse

HaHa tell me whc parts tat i hv posted r not right??

Posted by bursacow > 2014-02-28 17:01 | Report Abuse

the questions u asked already not right.

Posted by SexC > 2014-02-28 17:02 | Report Abuse

do u know Seeks share price in oz jumped a lot after it announced tat it was buying jobst??!!

u shd read more investment books during your free time

Posted by SexC > 2014-02-28 17:02 | Report Abuse

whc questions not right?

Posted by SexC > 2014-02-28 17:06 | Report Abuse

Seeks share price in oz jumped cld only means one thing.. it is having d better part of d deal...

n u long term investors in jobst is left wit a pn 17 co

Posted by Lew Chin Hoong > 2014-02-28 17:21 | Report Abuse

bursacow, i have the same calculation too. RM10M is possible with the left over business.
RM10,000,00/708,244,000 ＝ EPS 0.014
if the last price is 2.47 , after giving 2.4 dividend share price will adjust to 0.05,PE 3.57

http://malaysia-share-market-talk.blogspot.sg/2014/02/jobstreet-buy-or-sell.html

Posted by SexC > 2014-02-28 18:32 | Report Abuse

tis is one pissed off ang mo.. who jz bot days b4 d announcement.. now selling.. rather obvious isn't it tat Seek didn't tell it abt d deal..

tis ang mo has > 8% also didn't know.. wat does tis mean?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1553573

Posted by SexC > 2014-03-01 13:24 | Report Abuse

28/02/2014 15:53 bursacow ~~~~seek is paying 30 times PE and 20 times EV/ebitda. whatever valuation standard it's a very price.28/02/2014 16:16


Is 2.40 n later PN 17 really such a good deal at wathever valuation standard???

long term investors do u know HwangDBS has a fair value for Jobst at 2.45??!!? so is 2.40 to take away abt 99% of ur operation n later PN 17 d co really such a good deal??? if u r hardup for d 2.40 u can sell at d open mkt n get it now leh.. no nid to wait for mths for d special dividend n minus d PN 17 uncertainty..



n if Mark n co can do wonder after d sale to get Jobst out of PN 17 as u hv hoped for... wont Mark n co can better do tis wonder NOW at Jobsts CURRENT STATE to create further value for Jobsts shareholders?? Remember Jobsts is NOT leaving anything for developing its future operation.. it is paying out 100% of d sale proceed.. whr wil d money comes from??

n why not jz pay out like 2.00 n save 0.40 for future development?? why take out all d money??

Posted by SexC > 2014-03-03 09:43 | Report Abuse

D very good value at whatever valuation standards is causing Jobst price to drop drop drop??!?

Is it really such a good deal?

Should it or shouldn't it b blocked??

Posted by SexC > 2014-03-03 12:02 | Report Abuse

R u sure?? all money wil b taken o.... no money left to do wonder later wor?? wat if mark n co hv cash out n mor gan tai Jobst anymore after d 2.40?

Posted by SexC > 2014-03-03 15:30 | Report Abuse

Getting cheaper cheaper cheaper

Posted by SexC > 2014-03-03 15:39 | Report Abuse

jowong7.. who do u think r selling at moment?

Posted by SexC > 2014-03-03 15:50 | Report Abuse

If institutional shareholders r selling n bursalamb thinks tis is a fantastic deal.. no one to object liao : (

Posted by SexC > 2014-03-03 15:57 | Report Abuse

Institutional shareholders r voting wit their legs n bursalamb giving Seek a big kiss for d fantastic deal.. no one to object liao : (

Posted by SexC > 2014-03-03 16:08 | Report Abuse

Institutional shareholders r voting wit their legs.. bursalamb giving Seek a big kiss for d fantastic deal.. n mark n co cashing out wit 400 mils cash.. no one to object liao : (

Posted by SexC > 2014-03-04 09:41 | Report Abuse

2.44.. another indication to show d deal is a very good value at whatever valuation standards.. congratulations u r really sharp ler bursalamb..

Ur time spent on reading d investment books is all going down d drain..

Posted by bursacow > 2014-03-04 09:55 | Report Abuse

i bought it around rm0.80 not like u who chase at rm2.55 and keep on asking people to buy that time. if you feel so depressed monitoring the price movement every second why don't u sell your shares no need act like a maniac. if u want to block the deal just hit the egm, jumping up and down there and use your illusion here to psycho Seek's board of directors. I wish u all the best really pity u.

Posted by thser1 > 2014-03-04 09:56 | Report Abuse

If deal go through, then market is pricing post-disposal JOBST at RM2.44 - RM2.40 - RM0.175 =RM0.02. This will happen in an estimated 6 months time. I don't know the reason for the sell down but I know at current price it is a bargain. RM 0.02 for a counter like JOBST (remaining entities NTA RM 0.33)? Even PATIMAS with negative net assets and imminent de-listing is trading at RM 0.04 EMA 30 days during the last few months of 2013.

If deal don't go through (remote chance), it means majority shareholders not willing to let go at current offer price of RM2.40, making this stock potentially more bullish.

My take on this is that some of the exiting shareholders are unloading their positions now instead of having to wait and see approach after 6 months (or maybe tax implications?) Another reason for the bargain in current price might be due to this stock having very low liquidity and also public interest. This will all change when JOBST disburse the proceeds of sale and trading as penny stock.

People will definitely play up the shares when they have the cash generated from the proceeds of sale, since it will likely be in the band of RM0.05-RM0.40 (cheaper to do so post-disposal).

Posted by bursacow > 2014-03-04 09:59 | Report Abuse

bro thser1....this forum got more substance with your writing. it has been polluted for quite some while.

Posted by SexC > 2014-03-04 10:05 | Report Abuse

Hahahaha.. Seek is taking away ur goose n u gv it a big kiss.. u r indeed very 'smart' lor.. got screwed n wat do u do.. u say tqvm.. i say dont waste ur money n time on investment books anymore.. pitiful u..

Posted by SexC > 2014-03-04 10:11 | Report Abuse

But at least now u can c it is better if d deal is blocked.. gud 4 u

Posted by SexC > 2014-03-04 10:35 | Report Abuse

Saying wat u r saying is right..

Saying d deal is a very good value at whatever valuation standards is.. not right

U may hv bot at 0.80 bt ur profit oso drops.. investment books nvr say meh.. or u jz dont get it

Posted by thser1 > 2014-03-04 10:37 | Report Abuse

It will be a red flag if this stock is trending below RM2.40. Why would anyone sell if they can just as well wait for the proceeds of RM 2.40 from disposal in a few short months?

Let me draw your attention to PN17 counter PMCAP (4871). Chances of de-listing is high and yet stock trading at RM 0.06 EMA 30 days. And please bear in mind PMCAP has only net asset per share of RM 0.0071 as compared to post-disposal JOBST (0058) RM 0.33.

Nobody likes to hold a stock that is not traded on an exchange, but that doesn't mean it does not have any value. JOBST will likely fall into PN17 after disposing their main operations, but speculation will only increase as soon as they are trading as a penny stock.

Posted by SexC > 2014-03-04 10:54 | Report Abuse

th.. Do u know thr r a lot institution shareholders in Jobst?? They dont do waiting n they don't do PN 17.. who do u think r selling even at current prices?? Ths ppl hv bin surprised by Seek n r pissed off