@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
Don’t talk rubbish la about dividend reinvestment…can’t even run the company properly and maintain a good share price. Without changing the whole management team, giving bonus or capital repayment also useless. Lapsap
Jaks need to print more share every year because the more the merry as 10% will be given to Directors and Top Management as LTIP (free grant) as reward for their long service.
Jaks need to print more share every year because the more the merry as 10% will be given to Directors and Top Management as LTIP (free grant) as reward for their long service.
China is buying Gold, Russia piling Gold and Saudi has announced moving away from Trading US$ for Oil. What happen ( will happen ) when the rest of World decided to Trade in another currency( or basket of currency ) US$ comes flying back to USA and US inflation Rush to 100,000% or become Zimbabwe money ( 1 billion to Myr 137 today )
big funds already blacklisted all coal and anything coal
some have it written in constitution/charter or order NOT to buy any coal
also remaining fund managers will never buy anything coal coz once you do buy coal, you will be blacklisted from all happening gala or society or charitable events in London, Paris and New York. You will NEVER ever get any invitations to anywhere, including private auctions, product launches, museum exhibits etc etc
Current :Preceding :Current :Preceding Year: Year :Year: Year Quarter :Quarter :To-date :To-date 31-Dec-2022 :31-Dec-2021 :31-Dec-2022 :31-Dec-2021 RM'000 :RM'000 :RM'000 :RM'000 Revenue: 45,850: 18,545: 89,794 :108,145 Cost of Sales: (35,353): (16,434): (74,650): (89,361) Gross Profit: 10,497: 2,111: 15,144 :18,784 Other Operating Income: 1,851: 3,018: 3,709: 4,535 Other Operating, Administrative Expenses: (56,509): (66,289): (113,524): (111,758) Operating Loss before finance cost: (44,161): (61,160): (94,671): (88,439) Finance cost: (7,616): (5,257): (24,383): (21,980) Operating Loss after finance cost: (51,777): (66,417): (119,054): (110,419) Share of Profit in Joint Venture: 46,173: 30,012: 156,190: 140,713 Profit/(Loss) Before Taxation: (5,604): (36,405): 37,136: 30,294 Taxation: (393): (54): (897): (545) Net Profit/(Loss) For The Period: (5,997): (36,459): 36,239: 29,749
How to make money when your other operating, Administrative expenses is more than revenue? Must be MikeCheatYouCrazy spent too much money on massage girls.
All the supporters are going against what genuine investors perceived about the company management’s integrity. They are mostly in panic mode of losing direction of what would be next move of action. Too late for those loyal believers as they had lost most of their money invested. Experience is painful and unforgettable.
Going against the trend might not be a wise move. Think about it for yourself if you would continue invest in a company that only benefit a few on top.
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
298 posts
Posted by Phoebe > 2023-01-16 14:18 | Report Abuse
Hi Mr. SSlee,
I don't get you. Mind to explain. Thanks