Posted by Aseng > 2021-10-30 15:56 | Report Abuse

You should have a good Saturday with your children .

Why should you come to Jaks forum to tell Aseng " don't talk nonsense", at the end spoil your Saturday and sacrifice the time with your children .

Is Aseng more important than your children ?

Outsmart Aseng is that a great achievement to you ?

Posted by firehawk > 2021-10-30 19:16 | Report Abuse

Nonsense!

Just like old lady enjoys rhetorically winning .... talk, talk, talk,talk .... after talking a lot, feel won :D :D :D

Posted by Aseng > 2021-10-30 19:32 | Report Abuse

But you enjoy the old lady stories , right ?

Posted by Sslee > 2021-10-30 20:08 | Report Abuse

Do Jaks needs to pay Malaysia corporate tax from foreign source income JHDP for year 2022?

Posted by firehawk > 2021-10-30 20:14 | Report Abuse

I raised the short selling topic some days ago, be careful when do the analysis on the figures, no doubt, short selling ought to be recovered. The situatins are, when short selling started months ago, the price was relatively still high ... 0.70+, 0.60+, 0.50+ .....

And then, on 01Jul,2021, the 15.41% more shares issued through PP ....that means, there are 15.41% more supply of the underlying shares @0.475 when the short sellers going to recover the short positions, this is not a 0 sum game ....more supply at low price later ....

RSS is something not so easy for ordinary investors to do, PP also issued to exclusive investors, we don't know who short the RSS, (if a major shareholder (>5%) sell the share, he has to report to Bursa, but not for RSS). Similarly, we do not know who was buying the PP (until we can get some hints from the annual report, which will only be published in Apr /May, next year).

The short seller(s), the PP buyer(s), who? who? are they have no relations ... maybe your guess is as good as me :-)

Posted by firehawk > 2021-10-30 20:17 | Report Abuse

I rally hope, no more nonsense in this from .....

Pls talk something related to JAKS and no re-cycle, repeat and repeat something that everyone here has already hearing many many times ....

Please!

Posted by firehawk > 2021-10-30 20:21 | Report Abuse

Another PP in pipeline (Qty? Price?) ... when the short seller recover the position, there would be even more supply .....

The short selling qty now is about 2%, the PP would be up to 20% (15.41 was already issued)

:-)

Posted by firehawk > 2021-10-30 20:30 | Report Abuse

So, when you see short positions are recovered, don;t be too excited ...it could be from the PP :-)

Posted by Sslee > 2021-10-30 22:18 | Report Abuse

Wow!
The shark syndicate are now so sophisticated with PP and RSS, no more just pure pump and dump.

Posted by Aseng > 2021-10-30 23:12 | Report Abuse

1. are you sure what you are talking is not biased ?

2. are you sure what you are talking is true ?

3. if what I am taking is nonsense , then why you will never miss to read ?

your answers to the questions is certainly as good as mine.

Posted by Aseng > 2021-10-30 23:13 | Report Abuse

Why I am so confident what I am doing is right ?

1. The power plant is real
It had started contributing income to the company
From today onwards you will never see Jaks reporting a negative income any more .
Based on the calculation done by DK , the fair value is RM1.50, derived after the conversion of all the warrants plus a 30M per year for domestic business loss for a period of 5 years
so it is a right decision for me to do nothing but enjoy my days talking to my good friends here for 2 years and expected to make a return of not less than 300%

2. The company is moving in the right direction . The future expansion into solar , hydro and LNG energy is timely and a right investment choice.. This will contribute another consistent income and further strengthening of the strong recurring income of the company. more important it is a very strong catalyst for the rerating of the current ESG score

3. based on the management guidance , disposal or discontinuation of the loss making domestic business is ongoing. any good news , anytime from now or after the lock down recovery will serve as a strong catalyst to push the shares price sky high


4. Is fund raising no good ?

it depends whether it is value accretive or value destructive . if your biased common sense is true , the IPO is the biggest value destructive and we have no good share to buy .


5. IS COMMON SENSE A TRUE KNOWLEDGE ?

Then recent speculation on the rising coal is a good example

THE FOLLOWING IS THE MANAGEMENT REPLY OF OUR QUERRY.

KUALA LUMPUR (Oct 11): JAKS Resources Bhd has given investors assurance that the recent fluctuations in coal prices will not impact the group’s profit generated from one of its power plants in Vietnam.

This is because coal prices for JAKS Hai Duong Power Plant in Vietnam are passed through to the off-taker, Vietnam Electricity, said JAKS chief executive officer Andy Ang Lam Poah in a statement on Monday.

“The coal supplied to the power plant is entirely sourced locally, via the coal supply arrangement signed with Vietnam National Coal-Mineral Industries Group, commonly known as Vinacomin, to ensure a stable supply of coal for 25 years. In light of this, JAKS is not exposed to the risk on the global coal price fluctuations,” he said.



Aren't these not good enough reasons to boost my confident . And this confidence is not built on sand but supported by valid facts.

shares trading is a game of confidence
but when the confidence must be derived from facts and data
then success is just a matter of time
so waiting is the only strategy

Posted by Aseng > 2021-10-30 23:51 | Report Abuse

what should we do to win the game ?

Do nothing

in another word , do not sell your stock cheap to the short sellers

then the short seller got to pay a higher price to buy from you to cover their net short position

why ?

the power plant has started generating cash for the company ,

based on the peer comparative valuation it is about RM 190M per year

power plant is a recession proof and covid proof business

whether there is lock down or no lock down , people still need energy to live

Posted by Aseng > 2021-10-31 00:12 | Report Abuse

why the short seller had stopped selling these few days ?

they know the coming quarter result at the end of the month will bring us good news

the good quarter result will confirm what I said is true

though not 100% but certainly a good reasonable degree

to win the game

we must have the strength to live longer than the short sellers

we must also have the wisdom to fight the wild guessing , weak generalization told by the fearmongers Mr firehawk and Mr Sslee

why I said these 2 gentleman have a vindictive motive ?


they were once a strong supporter of Jaks
( you may not know if you are new comer and also new ID is not uncommon in i3)

they were defeated by the market , they surrendered half way in the battle

they are very worry we can win

our victory will bring to them the most unbearable heart breaking pain in their investment life .

don't believe ?

then ask yourself a question

how are you going to explain their behaviour in this forum ?

have you ever seen a right thinking man behaving so queer before ?

do not tell me they are a fool

they must be a reason for them to stop Aseng to talk nonsense here .

a very strong reason for their survival in i3 without changing the ID

Posted by Aseng > 2021-10-31 00:33 | Report Abuse

Actually I have no more new stories to share with you about Jaks

That is why some of the stories I got to repeatedly tell again and again for the benefit of the new readers

Actually if they do not push me to tell stories , then I prefer to stay side line to gather feedback to see to what extend my stories are accepted .

how can I keep quiet and not to defend my followers being misled when the evil start to tell a story which is full of bias and misconstrued .

Posted by Surge > 2021-10-31 07:14 | Report Abuse

Good job Captain Aseng

Posted by firehawk > 2021-10-31 07:21 | Report Abuse

Ha Ha Ha!!! Congra!!
You break record!!
Very lengthy and many postings!!!
Well Done!

Posted by firehawk > 2021-10-31 07:32 | Report Abuse

Sslee Wow!
The shark syndicate are now so sophisticated with PP and RSS, no more just pure pump and dump.
30/10/2021 10:18 PM

The combination, no doubt, is very powerful .... major shareholders (>5%) need not report their holding change to Bursa, if sell through RSS! Moreover, it can confuse 'analyst' blaming retailers selling their holding when saw the RSS was recover but market price dropped .....

this ctr is actually fully controlled by operator !

Posted by Sslee > 2021-10-31 07:44 | Report Abuse

I am a little bit worry for Aseng closed mindedness. The effect of cult mentality if you only chose to listen to what you like to hear and from whom you idolize.

Any way I wish Aseng best of luck and we shall know how JHDP performed when Jaks published it next year annual report.

Time will tell but time will not heal only forgiveness will heal all time.

Posted by firehawk > 2021-10-31 08:00 | Report Abuse

(reply to private mssg)
(Readers please do not pm me, I may not have time to answer. apologies)

My postings do not suggest buy or sell, just revealed new supply of shares at low price.

Yes, theoretically, if the PP buyers sell lower than 0.475, will suffer loss, apparently. They only will gain if sell above 0.475.

I just don't want to comment on others TP, use yr own discretion to judge :-) I don;t hv TP, my trading base on observe "operator willing", is quite simple but workable .... can;t tell more, sorry. If you observe from different angles, maybe you can get a even better trading idea :-)

Thank you!

(Readers please do not pm me, I may not have time to answer. apologies)

Posted by firehawk > 2021-10-31 09:18 | Report Abuse

Just for reading pleasure.
Observe how a human behavior develops

Maybe putting all the eggs in one basket, maybe exhaustively using all the fund or even apply margin financing ...... price dipped to lowest, no confidence, can;t rest in private group anymore, have to come out for surviving struggle ---> promote promote, promote .... by using self console reasons ....

Price went up a little, people think was market sentiment, but promoter considers as result of promotion, and keep on promote in a more disgusting way ..... for me, I have done my part :-) .......

Is musing to observe, the contradict talking put all together, how to apply "buy and forget", how it will be developed? would he break record again? :D :D :D

Posted by Aseng > 2021-10-31 09:27 | Report Abuse

Sslee// I am a little bit worry for Aseng closed mindedness. The effect of cult mentality if you only chose to listen to what you like to hear and from whom you idolize.

Aseng : sama-sama lah........ You worry for me I worry you. you have your reasons for doing so and I have mine . kita sama-sama stubborn old men , know what we are doing and believe what we are doing is right


Sslee// Any way I wish Aseng best of luck and we shall know how JHDP performed when Jaks published it next year annual report.

Aseng : Thank you. you are right
we should allow so time for the power plant to validate the result . 2 years is a good reasonable span of time for the management to prove to us that they have the capability to lead the company and create more value for the share holders


Sslee//Time will tell but time will not heal only forgiveness will heal all time

Aseng :sadhu sadhu sadhu

Posted by Aseng > 2021-10-31 10:09 | Report Abuse

Dear firehawk,


may be you are too busy
can not organize your facts well
i read your comments 3 times but i still do not understand what factual things that you wish to shared with us
so i am unable to provide you the proper guidance that you had wanted

but there is one thing you mentioned that had truly touched my heart
you are very busy
you do not have the time to reply the pm from your followers
but
to react to Aseng stories
time is never your problem

you are truly Aseng supporter in a very own way
in view of this
how can i not love you ?

well done.

Posted by human > 2021-10-31 10:35 | Report Abuse

Past
Property development business exited thus is HISTORY.

Present
JHDP is not a worry in any near term future, plant is completed 1H results has shown that the management guidance of 100m profit likely to be exceeded by some margin.

Property investment downturn plateau with government implement economic activities reopening, even latest qtr show operating wise is breakeven which mean improvement should start with recoveries.

Future
Solar plant is simple a financing, easy to built and steady income business with minimal risks. Those with own factory that has large enough rooftop to install scalable solar panel and resale to TNB know well this is a simple low risk business,

Exploring Vietnam LNG power plant aligned with Vietnam energy development direction.
Look at Vietnam economic development for the past decades, no doubt the country huge potential is still waiting to be unlock.

Exploring Sabah power plant with state investment arm. Sabah is a big state which is underdeveloped and work with state investment arm is the right decision.

Past mistake is HISTORY, Present the Income is COMING SOON, Future the direction is correct with wise decision exploring business at the right direction and location.

Posted by Aseng > 2021-10-31 12:08 | Report Abuse

This is called factual sharing.
There is fact there is direction . There is history failure , there is present success that can he easily verified from the management
Well said human.
Firehawk ,
please learn , do not creating confusion under the skirt of generalisation and wild guessing that nobody know it is true or false.

Posted by firehawk > 2021-10-31 19:54 | Report Abuse

Could be putting all the eggs in one basket, could be exhaustively using all the fund or even apply margin financing ...... price dipped to lowest, no confidence, can;t rest in private group anymore, have to come out for surviving struggle ---> promote promote, promote .... by using self console reasons ....

Maybe the above description accurately address the actual situation, after that, promotion guru doesn;t put up lengthy, recycle, multiple postings :D

Posted by firehawk > 2021-10-31 20:05 | Report Abuse

Promotion guru guidance ---- "buy and forget" and wait for two years to achieve 200%

Although operator fully controlled the price, I think there was chance for retailers earning money, the chance appeared after RI, operator pushed up the price to over 80sen, WB over 50sen, i think there are at least some retailers eanrning money ........

But if retailers strictly follow promotion guru group guidance wait for 1.50, now they are still holding the original bot units ..... so, now you still stick to the guru guidance, wait for 1.50 for next 2 yrs?

You guess promotion guru now in profit or loss? yr guess is as good as mine :-)

Posted by Aseng > 2021-11-01 12:21 | Report Abuse

good morning my good friend ,
just woke up from sleep
last night watching movie late
still have not taken my breakfast
will come to you later
sorry

Posted by Aseng > 2021-11-01 12:55 | Report Abuse

what wrong I share with you my investment philosophy?

1. only invest in the business that you you are best informed
2. give some time for the business to validate the our calculation. 2 years is a good reasonable span of time for the business to exhibit its normalized earning and also for the management to prove to us that they have the capability to lead the company and create more value for the share holders.

based on the above philosophy

what wrong if I tell you "to buy and forget"

Posted by Aseng > 2021-11-01 13:49 | Report Abuse

what is the advantage of the strategy " buy and forget " ?

1. if you buy and forget , the first thing you do when you wake up in the morning is to find a friend in the forum to talk .

2. daily price fluctuation will not spoil your days of happy living

3. everyday you are living with a beautiful dream of the good days that will come with a big gain of not less than 200% 2 years later .if you are lucky ,your dream of the beautiful days may come true less than 2 years , may be half a year, who know?

firehawk is good example of a spoiled investment life

1. every morning when he wakes up from sleep , the first thing he does is to look at the price ,
whether it is up or down . up 1 cent today down 2 cent tomorrow is not uncommon in the market nowadays . under such stressful condition , how can he know the taste of his cup of coffee

2. he like to guess and unfortunately every time he guess , almost every time he is wrong .

he guess when he can not make money in Jaks , no other man can make
what sort of mentality is this ? I called it poor man mentality.

For your information, i believe most of the member in our group who bought jaks before RI did not lose money because the right issue is only 22 cent plus free warrant . it is 8:5 + 4 free, i believe most of the members like me must have sold all the warrant and keep the mother share when the warrant was traded above 50 cent. we made a loud call to protect our profit in the group during the time . if there is still a paper loss for some of them , then it must be a negligible amount .
My members are here to read my message . I can not tell lie

Posted by Aseng > 2021-11-01 14:07 | Report Abuse

firehawak,

you are still too green to prove an old veteran like Aseng wrong

you may be lucky a few times to prove my strategy " buy and forget" is inferior to yours " fast and furious"

but

in the long run , you will never be able to achieve the success and the quality of investment life of Aseng

Posted by Aseng > 2021-11-01 14:18 | Report Abuse

firehawak ,

put down your ego ,
do not compete with anyone who is right , who is wrong
if you can not stop your competing heart, then compete who is more knowledgeable
my good friend "Human" has shown you a good example
share with us your knowledge about Jaks
sharing the facts and the data
you got to do your home work in order to do a good job
not just guessing, imagination , common sense
and the worst is distorted truth .
never do that
you will find your life more successful.

Posted by Aseng > 2021-11-01 16:10 | Report Abuse

firehawk,

today market under strong selling ,
dropped 34.4 point .
biggest in the year if i am not mistaken

are you worry ?

i believe those who believe "fast and furious" are crying now
those who follow your advice must be cursing you now

Again , the market has prove Aseng " buy and forget" correct
if you are prepared to hold for 2 years at the time of purchase , any drop or rise in the share price within the time frame is none of your business
what more it is still far away
those who are holding the warrant even worst
they must be shivering now

Posted by firehawk > 2021-11-01 16:15 | Report Abuse

WELL DONE ！！！
Good boy!!!

lengthy, recycle, multi postings again .....
but still not breaking the record!
keep up! :D

Posted by firehawk > 2021-11-01 16:19 | Report Abuse

Sorry! a bit busy bargain ....

no time to play with you :D

Posted by goldenluck16 > 2021-11-01 16:42 | Report Abuse

Money sucking counter... can't make money from this fishy counter

Posted by Aseng > 2021-11-01 16:47 | Report Abuse

then don't buy , buy more trapped more unless you follow my advice

Posted by Aseng > 2021-11-01 16:48 | Report Abuse

don't pretend busy lah.....

you are trapped now

hesitating to cut loss or not .



firehawk // Sorry! a bit busy bargain ....

no time to play with you :D
01/11/2021 4:19 PM

Posted by firehawk > 2021-11-01 18:29 | Report Abuse

sorry, only now hv time to entertain you!

trapped? don't always remind people you are trapped in JAKS... and hv to do a lot of promotion!!

uncle bargain hunted some today, some still not done, wait for tmr ......

regarding your postings, uncle has already praised you "Good Boy", but were not long enough, still not record breaking, keep up :-)

Posted by Aseng > 2021-11-01 18:34 | Report Abuse

Firehawk ,
Don't pretend lah....
I doubt you have the money to do so
You don't look like the one who has the money to do that
Cut loss lah... and switch to jaks before it is too late to do so.
I know you want, but your ego forbid you to do so .
Don't fight with your hard earned money.

Posted by Aseng > 2021-11-01 18:47 | Report Abuse

Let me guess ,
how are you going to reply me ?

1. Very busy no time to play with you
2. lengthy, recycle, multi postings again .....
3. Good boy
4.still not record breaking, keep up

Am I right?

What is my prize ?

Posted by Aseng > 2021-11-01 18:51 | Report Abuse

Nice to have a friend to chat everyday to keep Jak forum active and Aseng 's stories laku.

Thank you.

Posted by sting79 > 2021-11-01 18:52 | Report Abuse

Aseng, not sure why there are different numbers of Gainers/Losers in klse screener, bursa malaysia website and i3investor or other sources. Any thoughts on why is there such a difference?

Posted by sting79 > 2021-11-01 18:58 | Report Abuse

Ok nevermind, I realized that brokers follow 1 set (probably from bursa), other apps/sources/websites follow their own numbers.

Posted by sting79 > 2021-11-01 19:03 | Report Abuse

I prefer Aseng more than Calvin because Aseng never advertise more than 1 counter, unlike Calvin who promotes many counters with superb story assuming everyone has unlimited funds. Both preaches good value in investing for many to follow though.

Posted by firehawk > 2021-11-01 20:28 | Report Abuse

But I feel Calvin is more knowledgeable, I can find idea of buying from his postings :D

Posted by firehawk > 2021-11-01 20:39 | Report Abuse

but I agree, Calvin also put up too many postings, until some people feel disgusting ......

Posted by firehawk > 2021-11-01 21:22 | Report Abuse

Aseng Let me guess ,
how are you going to reply me ?

1. Very busy no time to play with you
2. lengthy, recycle, multi postings again .....
3. Good boy
4.still not record breaking, keep up

Am I right?

What is my prize ?
------------------------------------------
OK lah, uncle gives you a prize about promotion, copy from uncle old postings,

Posted by firehawk > Apr 1, 2017 11:06 AM | Report Abuse X

mhchai, thks for the figures ... that day when pump was 37m, but days before, syndicate already loaded. In the 37m, no less retailer followers after reading the article, so, it is not solely the syndicate buying.

Actually, this type of stock (gov as major shareholder), syndicate don't like, but it has a theme (Splash selling), so, they come. If not the real big boss behind, price can go wilder.

i3 is a good platform for propaganda, I hv an experience last 2 mths.

BJCorp has a theme to play, the so called Vietnam Toto. Jan this yr, i noticed that, a warrant, called WC, was selling half sen/ 1 sen lower than WB, that was a chance. I loaded up quite many. Later, i go to BJCorp forum to post. Post something like, WC shouldn't lower than WB, same exercise price but longer tenure, should not be lower. WB holders should sell their holding and exchange for WC.

Everyday I went to promote, when the WC price catched up WB, if I'm not mistaken, around 8/ 8.5sen, I kept on posting like, WC has 4 yrs longer period than than WB, even at the same price, WC is much more worth than WB.

When I promoted, I also started selling, WC rose very fast, sometimes, even the mother share not moving, WB not moving, but WC itself can rise!! Then, I kept on posting like, WC is clear winner, to catch ppl eyes. WC rose staggeringly ......

My buying price was 5.5 -6.5sen, I started selling at 8sen, 9 sen, 10sen ..... in between, when price retraced, I also bought back. My last block was sold at 12sen, which was 100% my buy price. After finish selling, WC keep on rising, I put on postings like, WC exercise-prise 1.00, mother share 38sen, WC selling at 12.5sen, is >200% premium, be ware! I posted a few times, but can't stop the trend .... WC went up to 17sen before setback, which was far exceed my expectation!

During the period, no blog, no posting in BJCorp forum promoting WC, except I put in a little effort to ignited it.

i3 is a very good platform for propaganda, once ignited the fire, some others will make use of it and push even stronger ... unstoppable, until every much overpriced.

Less than one month, I reaped >100% .... but still I'm not so smart (i didn't fully rode the trend). I made a review why it was so strong (while the mother share not moving much), I concluded, bcos of the holding! WC was solely issued to vt, when BJCorp bot BJLand from vt .......

--------------------------------------

u know why uncle not keen to do promotion? one of the reasons is, big boss is the really person earns much more money, hundreds or thousands times more than uncle .... so, uncle has a realization ......

Posted by Aseng > 2021-11-02 09:55 | Report Abuse

Rubbish!

Posted by Aseng > 2021-11-02 09:59 | Report Abuse

Please be concise and precise

Posted by Aseng > 2021-11-02 10:01 | Report Abuse

I wonder is there anyone here interested to read your lengthy imagination .