There are people who always blame others for their own failures. Why blaming others for their own decisions ? Why they even trusted someone totally unknown to them ? Learn from their mistakes is the only path to advance in investing. First thing they should know is that there is only 5% investors who can make money from stock market. If luck is what you count on to get rich from stock market, then you really need a lot of luck. Most people are here in i3 to take advantage of this platform to achieve their ulterior motives. Just a very few are truly sharing. So next time think twice before you decide to trust anyone in i3.
@Just88 > 1 hour ago.. There are people who always blame others for their own failures. Why blaming others for their own decisions ? Why they even trusted someone totally unknown to them ?... Most people are here in i3 to take advantage of this platform to achieve their ulterior motives. Just a very few are truly sharing. So next time think twice before you decide to trust anyone in i3.
BLee: Hi @Just88, a very good comments. A Chinese proverb which I like to add: zhī jǐ zhī bǐ , bǎi zhàn bǎi shèng 知 己 知 彼, 百 战 百 胜 This proverb advises: Know both yourself and your 'friend' in order to enhance your strong points and understand his weak points. That is the secret of victory.
I have had queries Mr.DK on his posting especially on the $ flow diagram trying to understand fully..I think most of the answer can be found in that diagram. Although Mr. DK had deleted this diagram, I think can still be found in some other duplicated (Jenny?) postings.
I make a mistake on my calculation on HRC Q3 financial result based on public available crack spread data. I readily offer my apology and will hold the BOD and Management accountable and answerable.
Summarised financial information of the Group’s material joint venture i.e. JAKS Pacific Power Limited and its subsidiary company (“JPP Group”) is set out below: (a) Summarised adjusted statements of financial position JPP Group 2021 2020 RM RM Cash and cash equivalent 999,486,387 434,151,867 Other current assets 650,115,103 428,863,339 Non-current assets 7,479,624,542 6,664,587,571 Current financial liabilities (excluding trade and other payables and provisions) (608,182,196) (213,664,588) Other current liabilities (1,380,386,041) (1,154,468,657) Non-current financial liabilities (excluding trade and other payables and provisions) (4,720,926,257) (4,509,175,118) Net assets 2,419,731,538 1,650,294,414
Interest in joint venture 30% 30% Group’s share of net assets 725,919,462 495,088,324 Share of other net asset changes (15,025,104) (17,353,089) Goodwill 3,826,062 3,826,062 Carrying value of Group’s interest in joint ventures 714,720,420 481,561,297
Summarised adjusted statements of profit or loss and other comprehensive income JPP Group 2021 2020 RM RM Adjusted profit for the financial year, representing total comprehensive income for the financial year 469,043,075 12,543,676 Included in total comprehensive income are: Revenue 3,011,637,528 1,778,620,476 Amortisation/Depreciation (296,585,635) (673,752) Interest income 1,736,511 4,003,064 Interest expense (275,461,575) (19,292,676) Taxation (1,530,307) -
Listen to Aseng promotor of Jaks last 2 years, many poor investors would have lost their pants many times.
Jaks is at its historical low price. Current price should have been priced in all negative news including bad mgt. Those who have yet to cut loss, should wait for price to recover. No way TP RM 1.5 is realistic after so many rounds PP and RI. Perhaps 50 sen is possible
lost their pants many times ? have you lost your pant? if not, why should anyone here had lost his pant? my sincere sharing is accompanied with an exit plan my sincere sharing was made when the price was beaten down I never had shared anything when the price is high and risky my exit plan will mature in August after the release of the second quarter result why you lost your pant before the story has ended why?
isn't it the power plant not a cash generating machine ? isn't it the fact that that the additional 10% equity acquisition a strong catalyst to push the price higher ? isn't it when the local business turn profitable a good news to move the price why a beaustifu picture in my eyes can look so ugly to you ?
you mustn't the one chosen by god to win Jaks money why?
you must have talked too much rubbish to stop a sincere heart to share all the true fact and data and misled the public
are you aware it is a sin , a bad karma !!!!
in every investment there is an element of lucks do you have the good luck that will bring you success
if you have no better to talk, then keep quiet if you can not resist not to talk, then talk what you know about Jaks
if you can not talk to invite good karma , then keep quiet because , keep quiet is very much better than you talk anything that will bring you bad lucks .
firehawk, I believe you must be one of the poor investor who had lost his pant after reading my wonderful story 2 years ago . if not , no right thinking man can explain your queer behavior.
REPENT !!!! in front of your grandmother , before it is too late.
I want to quote "You can't fight a Giant .... you are too tiny ......" where is the posting now? I want to let people see what Giant said before ...... how a tiny can humiliate a Giant so easy .........
Dare to post Dare to keep ..... Only COWARD will delete his postings !!! Don't talk 3 talk 4, IF YOU ARE A MAN, put up the postings again, so that I can quote!
Yeah, firehawk. I hope more can speak up. The truth is jaks is traded at historical low and many poor investors have lost heavily with the promotions of TP of over RM 1.
I can't save you if both of you continue to behave like a small child crying non stop proving his father wrong . I am so sorry to know that my sincere and genorous sharing of the best I know about Jaks and life had made you lose your pant . anyhow I do hope to see both of you have grown up wiser and more matured when you come back here again to talk about Jaks . not crying over a spilled milk. your pant already lost . it is already a fact . it is better to accept the fact than to blame others.
@Sslee can the link provide how many postings were deleted? I just want to locate a postings that contain "You can't fight a Giant .... you are too tiny ......" he posted this many times.
@ValueInvestor888, his behaviour of twisting facts to attack different opinions has been long existed, this makes people feel disgusting, the below tells all ......
garychee8 Firehawk..no point arguing with this old crap..he is the greatest trader here..everyone is wrong except him..but i wonder who got trap in Jaksai????? sudah lah, berambus fr this forum and i am sure jaksai will fly... 04/11/2021 10:58 AM
But I started argue with him was not because his "investment advice", he has no way qualified for that ..... it was because 2 years ago, I wanted to find a posting here talk about solar plant (which I feel was the very less postings that have value). I can't find the posting because it was immersed by the flooding of multiple, lengthy, repeated postings by him .......
Almost everyday he repeated putting up the 5 or 6 or more very long promotion postings, I criticized him, of course he won't accept because he thinks he is a Giant :D
Posted by Aseng > Nov 2, 2021 11:28 AM | Report Abuse Maybe my second round of kopi-o money is coming. Every time the price breaks the 46 level it will come back quickly
Let's do a simple calculation how the quick money can be made . Wait for 2 years doesn't mean you can not make some kopi money when value has emerge .
Kopi-o money = 3000 ( before tax) ------------------------------------------------------ Most of this type of postings were deleted, this was one of the very few in my qouted post
Posted by Aseng > Nov 2, 2021 11:28 AM | Report Abuse Maybe my second round of kopi-o money is coming. Every time the price breaks the 46 level it will come back quickly
Let's do a simple calculation how the quick money can be made . Wait for 2 years doesn't mean you can not make some kopi money when value has emerge .
it is more an analogy or adjective than a cursing my English is very plainand and straightforward . it is not difficult to understand in the right perspective
I am still holding my portion of Jaks i strongly believe at the end of the day ,I can not be a loser because the reasons to buy and wait are still valid the catalyst to boost up the price is still there new comers may refer to my older posts to see the reason and the catalyst i am talking about regarding the TP of 1.5 I mentioned earlier, it is derived from DCF methology based on the assumption of the cash flow of generated by VinnTah which is operating a similar type and similar capicity of power plant in Vietnam. for a business model of predictable income this is the most reliable valuation. since there are assumption so there is no guarantee of accuracy . is it reasonable or not reasonable is not based on your own guts feeling, but how far you know about the standard accounting pratice and your knowledge of the business . in short , it is no different from those value provided by the IB that can be revised up or revised down later. so do not waste your time to argue whether it is realistic or not realistic , other than the fake-sifu who can see into the future , noone can provide you the answer . but after 1 year of actual operation . I am more confident that i can not be wrong .
To those related, I don't support any form of attack by accused others as animal, in any form ..... quote of my postings is out of my reach, I offer my apology if necessary.
Aseng clearly stated his valuation method for his target price. He promotes what he believes and it is up to everyone to decide whether his valuation has any merit. There is no need for any provocation and attack.
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....
Just88
452 posts
Posted by Just88 > 2023-01-08 08:39 | Report Abuse
There are people who always blame others for their own failures. Why blaming others for their own decisions ? Why they even trusted someone totally unknown to them ? Learn from their mistakes is the only path to advance in investing. First thing they should know is that there is only 5% investors who can make money from stock market. If luck is what you count on to get rich from stock market, then you really need a lot of luck. Most people are here in i3 to take advantage of this platform to achieve their ulterior motives. Just a very few are truly sharing. So next time think twice before you decide to trust anyone in i3.