Posted by It's Compounding > 6 days ago | Report Abuse

I have the feeling that it was KYY and OTB who pressed down the price. Revenge on ALP.

Posted by SomaCruz89 > 6 days ago | Report Abuse

Then, I have the feeling what goes down will come up!

Posted by ValueInvestor888 > 6 days ago | Report Abuse

ALP treats all shareholders like water fish with endless PP and RI...with so many poor business decision as all businesses lost money except for power plant.


Current price can bet some as historical low with mkt cap of just RM 400m. Let say local business still bleeding RM 50m per year, still got RM 100m profit from power plant.

Posted by ValueInvestor888 > 6 days ago | Report Abuse

Better ALP not doing anything and retire and sell all businesses and just keep the power plant will do. With this, even you put a monkey as CEO of Jaks, company also can make RM 150m profit....

Posted by SomaCruz89 > 6 days ago | Report Abuse

I don't mind to be that monkey earning CEO salary

Posted by Just88 > 6 days ago | Report Abuse

A lot of people buying now. So, 0.20 is going to be the floor price? Anymore people waiting for 0.10?

Posted by Sslee > 6 days ago | Report Abuse

Let say local business still bleeding RM 50m per year, still got RM 100m profit from power plant.

You forget to put in another RM 50M for impairment loss on goodwill and receivables + another RM 14M on LTIP expenses.

The good news is the balance on Goodwill in Balance sheet is now RM 23.5 M

Posted by Just88 > 6 days ago | Report Abuse

The good news is there will be 200m profit from power plant next year after the ownership in the power plant is increased to 40%.

Posted by SomaCruz89 > 6 days ago | Report Abuse

Just88 please console those hiding in the private group. The day JAKS shine like a diamond is near. Just wait the next quarter! $,$

Posted by Sslee > 6 days ago | Report Abuse

The bad news is need another PP to pay for the addition 10% equity option.

Posted by SomaCruz89 > 6 days ago | Report Abuse

That is not a bad news for a long term

Posted by Wealthy99 > 6 days ago | Report Abuse

I suspect @SomaCruz89 is either own a huge number of Jaks, or, being paid to say good about Jaks, or, relative of Jaks owners.
Just take it privatize easier. Don't keep listing since cannot perform. Some conned stocks still can goreng up. This one totally OKU.
----------------
SomaCruz89
That is not a bad news for a long term

Posted by Wealthy99 > 6 days ago | Report Abuse

PP, right issue, PP, right issue then consolidate.
Same pattern seen in those kind of stocks. People not learn. "Hope" is not suitable in stock. "Hope" is kind of miracle. "Hope" in stock is a designed for loss.

Posted by Just88 > 6 days ago | Report Abuse

somacruz, since you have chosen to leave, why still so concern about the group. If you wish to get back in, please contact Ah Seng. Except those who followed DK's exit plan, everyone is losing money only more or less. Those who cut loss earlier are less sad than those still holding until now. 五十步无需笑一百步。

Posted by SomaCruz89 > 6 days ago | Report Abuse

I'm just a small shareholder that still believe in this stock. I don't plan to go back private group because there are a lot of sore losers

Posted by speakup > 5 days ago | Report Abuse

SomaCruz u believe in Andy.
But Andy doesn't believe in u.

Posted by MIDASTOUCH87 > 5 days ago | Report Abuse

https://www.thaipbsworld.com/vietnam-struggles-to-break-one-of-worlds-biggest-coal-addictions/

Posted by SomaCruz89 > 5 days ago | Report Abuse

I believe we all can fly like AAX

Posted by i3lurker > 5 days ago | Report Abuse

sslee
no worries
I will propose to Andy to takeover my nasi lemak menu rahmah business for RM10 Billion. I am sure Andy will approve it as a nation building exercise
so new adjusted Goodwill = RM10,023.5 million to be amortized over 1,000 years



Sslee

Let say local business still bleeding RM 50m per year, still got RM 100m profit from power plant.

You forget to put in another RM 50M for impairment loss on goodwill and receivables + another RM 14M on LTIP expenses.

The good news is the balance on Goodwill in Balance sheet is now RM 23.5 M

1 day ago

Posted by SomaCruz89 > 4 days ago | Report Abuse

Pacific Star review by Sean Tan
https://youtu.be/jT_2Y5T8F2g

Posted by ValueInvestor888 > 3 days ago | Report Abuse

@sslee, that is a risk of investing at lousy mgt that investors need to know. All those promising calculation by some really made a lot investors who lost heavily.

At current mkt cap of RM 400m, i will bet small. Has the kitchen sinking exercise almost done in you view?

Posted by Sslee > 3 days ago | Report Abuse

At this price is very tempting.
Someone is pushing down the price for big boss to collect PP cheaply.
Once PP is over then price will be pushed up for big boss to sell and the cycle repeat again.

Posted by Sslee > 3 days ago | Report Abuse

I think the kitchen sinking exercise is almost done the only unknow is the outcome of court case with Star and Other.

Posted by The_JQuestion > 3 days ago | Report Abuse

WOw ssleee upbeat .... put into watch list to collect

Posted by SomaCruz89 > 3 days ago | Report Abuse

Cheap sales lai liao. Buy before the end of the sale!

Posted by ValueInvestor888 > 3 days ago | Report Abuse

Bet not more than 20% of your funds at current price should be ok... I also think kitchen sinking exercise is almost done.

After operators collect enough, promoters will surface again, of course with difference names....

Posted by ValueInvestor888 > 3 days ago | Report Abuse

This year power play :
Toyoven - price goes up from 60 sen to RM 1.40 in few month times
YTL Power - price goes up from 66 sen to 85 sen
jaks - price at historical low. Current mkt cap = RM 400m. Power plant share of profit RM 150m per year + LSS4 profit (COD by 2nd quarter 2023) minus local business losses.

Posted by SarifahSelinder > 3 days ago | Report Abuse

Suffer la akibat nya

No DEAL WITH THE DEVIL

Posted by Just88 > 2 days ago | Report Abuse

What is the biggest fear about jaks now?

Posted by amateurJR > 2 days ago | Report Abuse

This company lousy la.

Posted by SomaCruz89 > 2 days ago | Report Abuse

Fear of losing the golden opportunity to collect cheap ticket before the share price fly high and break new ATH

Posted by SarifahSelinder > 1 day ago | Report Abuse

Andy

Coherence is important

Andy

Posted by SomaCruz89 > 1 day ago | Report Abuse

OMMGG JAKS no need defender but whale/shark to pump it

Posted by SarifahSelinder > 18 hours ago | Report Abuse

Or Andy

NOW NOW NOW NOW is the best time to declare dividend

Sarifah pasti at current price byk kan buat DRP

Declare dividend NOW!!

Declare NOW!!!!!

Sarifah want to do Dividend Reinvestment Plan at current price

Posted by SarifahSelinder > 17 hours ago | Report Abuse

Can declare DRP NOW

NOW!!!

c72m Vietnam IPP dividend already kat bank

Posted by SarifahSelinder > 17 hours ago | Report Abuse

Andy

Declare an interim single tier dividend of 3 sen per share NOW!!

NOW!!!!

Posted by curiousq > 17 hours ago | Report Abuse

YEs, will declare 3 sen div for hariraya enjoyment !!
investors, especially muslim imvestora are extremely happy !!

Posted by curiousq > 16 hours ago | Report Abuse

wet wet song

Posted by hng33 > 13 hours ago | Report Abuse

Bought jals at 19.5sen

Posted by SarifahSelinder > 13 hours ago | Report Abuse

Adoi

Sia sia je effort Sarifah explain panjang lebar tapi lagi lagi u x faham

Hope long suffering in denial x sama mcm u

Hope long suffering in denial faham what Sarifah is talking about

Sarifah nak Andy pay dividend NOW is so that existing shareholders can do DRP at current low price


Instead of Andy doing PP at current crazy low price

Klau existing shareholders plot back the fund back into JAKS JAKS kan has the fund jadi x payah buat the 10% PP


Declare dividend skrg is not for u to take out the fund to enjoy

Posted by SomaCruz89 > 13 hours ago | Report Abuse

I can sense something big is coming for JAKS. Stay tuned!

Posted by curiousq > 12 hours ago | Report Abuse

Is very good to promote Malay as business language ..... it's better if using pure Malay, so that, the investors here are not learning the "rojak" type of Malay .....

Posted by hng33 > 12 hours ago | Report Abuse

I think jaks further downside risk is very limited now.

Posted by curiousq > 12 hours ago | Report Abuse

Maybe your Andy also come to read, so, let Andy learn standard Malay !!

Posted by def147258 > 12 hours ago | Report Abuse

Share a good teacher, when I met Glove Stock, it was the teacher who helped me to solve it and helped my stock market slowly recover losses. I hope that retail investors can unite. What good news can be shared together and spent the difficulties together!

Posted by curiousq > 11 hours ago | Report Abuse

Although bumiputra investora instructed him to pay 3 sen dividend, don't be too optimistic to get the 3 sen, especially before Hari raya

Posted by SarifahSelinder > 9 hours ago | Report Abuse

Adoi u are hopeless just hopeless lagi lagi x faham

Posted by SarifahSelinder > 9 hours ago | Report Abuse

Andy

Declare the 3 sen dividend NOW

Nak bikin DRP skrg jugak NOW

Posted by curiousq > 7 hours ago | Report Abuse

Hopeless? really hopeless promotes rojak Malay ..... your Andy will obey your instruction to pay 3 sen for you to do DRP ...... surely he wont make you hopeless :D :D :D

Posted by swimvshark > 4 hours ago | Report Abuse

Jaks wont drop below 185. you see the movement today you know. it only will go up from now.