For full year 2021, JAKS book a profit of RM 140.7M profits from it 30% stakes. Has JAKS actually receives the profit? I don't see that in their cash flow statement.
The power plant is real The cash generated is real Distribution of profit is just a matter of time When the dividend is received Jaks is cash rich Cash flow problem is a history I believe my version of the story is more convincing than your wild guessing
Read that Jaks proposed for PP up to RM74.4 million? Oh dear! Intention is to pare down borrowing n use as working capital. Wht worse is market is cheaper than PP. Who want to buy? They Nd to issue more PP at lower rate to raise same amount money. More dilution.
Hi Just88, Fyi Im still holding Jaks stock with about 30% paper loss, so Im in the same boat as you if you are Jaks stock holder. Would like to know the source of info regarding Jaks hold 3 out of 5 board seats, as I m quite curious how with China CPECC 70% stake they would allow Jaks to control JHDP boardroom.
Yesterday, I said I want to show the proof that the COWARD said before, he doesn't want to mention my name. Since then, he doesn;t mention my name anymore. I think since my name is not mentoned, than is OK, just leave it .......
See above, He saw I don't put up the proof, he did it again I quote his postings for he may delete it.
Asengkianjoo
What happen to your study last night I see this you come back with a fart again following the bedside of Sslee. Hahaha... fake sifu
Posted by firehawk > 2022-03-02 20:24 | Report Abuse
DARE TO POST, DARE TO KEEP ...... DON'T POST IF NOT DARE TO KEEP !!
Maintain old bad habit, posting long long imaginary nonsense not help to improve, just like put up lengthy, recycle, multiple posting won't lift the price ..... think throughout before act to avoid regret, never too old to learn !! ------------------------------------------------------ The COWARD replied me, but the reply was deleted. I saw one of my postings contains the content the COWARD deleted, Posted by firehawk > 2022-03-02 00:47 | Report Abuse
Aseng
Do you know why I deleted some of the messages .
Because it contain certain name which is not worth the while mentioning what more to keep. ~~~~~~~~~~~~~~~~~~~~~ so happy to see this .......
I really hope my name is not mentioned anymore by this freak!!!
so happy to see this ....... I really hope my name is not mentioned anymore by this freak!!! I quote the mssg to maintain a as proof ..... -------------------------------------------- By that time, seemed that I already anticipated this low personality would not walk what he talk and he may delete his postings. These are all happen NOW. So despicable personality!!!
Because it contain certain name which is not worth the while mentioning what more to keep. ~~~~~~~~~~~~~~~~~~~~~
See how the way he talked, see the last sentence and see what he is doing NOW !
He dare to do all these, is because he think he had already deleted his postings and already destroyed all evidences. BUT He went into the postings under his ID, he didn;t check I did quoted some of the postings. So, despicable personality !!!
He deleted old postings, he changed all the settings, to hide himself, until the system rejects his log-in, he created new accounts to continue attack .......
He deleted again a posting attacked me, JUST NOW!!! The posting caused me spend time to look for all the old postings. Since he deleted the posting and no one quoted it, now he can pretend he didn;t do the attack!!
How despicable a human being personality can be???
Just now, he deleted not only a mssg posted tonight, but also some posted yesterday, including the one said "not going to delete posting in the future" !!!
Regarding the meeting minutes, please forgive me not going to tell ..... my feeling is the BOD was not answering straight forward. Do read Sslee comments, he provided crucial points.
Regarding real money, my thought is, the money is only real, when the money is in your hand and you can use it.
It's Compounding, It is unfortunate that after DK was driven away from i3 by attackers, he removed all his articles on JHDP. Otherwise, he provided all the links to the statements he made in his over 60 articles written on JHDP. He said that Jaks has majority board seats until such time the RCPS are converted to give the chinese partner 70% ownership (from current 50%). Jaks has the option to take up 10% additional ownership when the RCPS are converted. ================= It's Compounding
Hi Just88, Fyi Im still holding Jaks stock with about 30% paper loss, so Im in the same boat as you if you are Jaks stock holder. Would like to know the source of info regarding Jaks hold 3 out of 5 board seats, as I m quite curious how with China CPECC 70% stake they would allow Jaks to control JHDP boardroom.
Frankly speaking, I think DK with his wealth of inexperience and even deleting his old articles which promoted jaks instead of revising them to show what is really happening is the worse tragedy. All the promises of profits and earnings and huge dividends, in the end like I have said before and posted in the comments ( which I have not deleted), if you cannot trust the management, if the cfo leaves, If you cannot see and visit the site etc there is no use whatever promises of profits if there is no trust
CPECC let go 10% JHDP can use the fund to invest in JAKS. it also indirect share holding. nothing wrong for let go10%. as it also in the initial agreement. more over 10% let go for CPECC portfolio as overall is just a very tiny part of the cake. cake sharing make cake bigger
No one is qualified to judge others. DK removed his articles because he said he won't be here to defend them. I have read all his articles and all the information given by DK turned out to be right. His profit forecast for JHDP was a very close call. I agree that DK was inexperience when dealing with his haters in i3 so he left. There is nothing wrong with leaving i3 when you don't like the place. After all, i3 is not a nice place for sharing. I notice that there are lesser people sharing their ideas in i3 nowadays. Why should they ?
KYY wrote an article about how he lost 64 million in JAKS. I think those read that article have the feeling, the market price was manipulated. This is a precious review for subsequent comers ........ By then, there were many concurrent articles by various writers too, revealed the management doings, some are, I think, insiders, because they can narrate in details on what was happening. If ones read those articles, they may have a more complete picture, and take a step back from too optimistic ......
All the 51% subsidiary companies were so designed for profit sharing with the 49% private holders if there are profit to be made but losses is totally bear by Jaks. Many more impairment of goodwill and receivables for many years to come.
@Phoebe, You can read the above blog to form your opinion is disposal of 51% JIC to ICD for RM 1.00 is actually to get ICD free of its 49% JIC net liabilities compare to recapitalise JIC?
Lousy management team with their actions that were detrimental to the interests of the shareholders. Countless of fund-raising activities, free shares scheme and litigation cases. The only way to go is to eliminate the fats from the Group
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....
Phoebe
406 posts
Posted by Phoebe > 2023-01-13 08:24 | Report Abuse
For full year 2021, JAKS book a profit of RM 140.7M profits from it 30% stakes. Has JAKS actually receives the profit? I don't see that in their cash flow statement.