It is foreseen that someone called micky will be suspended very soon for hurling gibberish and slanderous remarks after he is incapable of refuting sensibly anymore.
Posted by Mikecyc > Oct 29, 2023 8:07 AM | Report Abuse
The Proposed DRP will be tabled as a special business at the 21st Annual General Meeting (“AGM”) of JAKS, which will be held on a fully virtual basis at the broadcast venue at Manuka 2&3, Unit 29-01, Level 29, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi, 59200 Kuala Lumpur, Malaysia on Tuesday, 27 June 2023 at 10.30 a.m
Tuesday, 27 June 2023 already long over: Mind telling us -Did the BOD table the proposed DRP? -What is the outcome? -When will jaks shareholders receive their DRP?
U complain SSLee twist and turn when he clearly posted answer in Insas thread. Just because you don’t understand financials, ask someone who does or no mirror ka?
Complain others twist and turn. U are worse, no twist and turn.. Only runaway scared to answer 😂😂😂
loganathan is my id because we both posted “ Through the roof”?? Then I have many aka then
What a sore loser and a runaway when tested 🤣
I wonder if anyone has IQ as low as you that can fabricate that kinda evidence
Summary : reasons will be given for reduced share of profit from Vietnam 1) due to coal shortage, revenue reduced 2) due to increased borrowing cost from China, share of profit reduced 3) Looking ahead, operating condition is tough with reduced power tariff recently announced
Summary : reasons will be given for reduced share of profit from Vietnam 1) due to coal shortage, revenue reduced 2) due to increased borrowing cost from China, share of profit reduced 3) Looking ahead, operating condition is tough with reduced power tariff recently announced
It is questionable if the hefty accumulated profits generated/ built up over the years are collectible or not or the profits are just "paper profits" like the case of Serba Dynamic where sales were fabricated . Even though there is heft accumulated profits , Jaks does not have the " liquidity " to pay " cash dividends No wonder Jaks never pays dividends from day 1 but keeps telling the investors that they are in need of cash for re-investment as a lame excuse.
Jaks is unable to pay " cash dividend " as it is very clear that they are liquidity stricken. Thats why they resort to " DRP" which is a desperate move. ------------------------------------------------------------------------ On 13 February 2023, the Company announced a proposal to establish a dividend reinvestment plan which will provide shareholders of JAKS with an option to elect to reinvest in whole or in part, their cash dividend(s) as may be declared by JAKS, which includes any interim, final, special or other types of cash dividend in new ordinary shares in JAKS.
b) Dividend Reinvestment Plan (“DRP”) The Proposed DRP is subject to the shareholders’ approval of the Company at the Annual General Meeting to be convened on 27 June 2023.
Jaks has resorted to " Please" the shareholders by issuing free warrants to cover their failure to pay " cash dividend" .
With the free warrants , the equity shares are expected to keep ballooning beyond 3b as a result of which, Jaks can boast its low gearing level in disguise as if it was a scam.....
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....
Huangbk72
5,228 posts
Posted by Huangbk72 > 2023-10-27 22:28 | Report Abuse
Tony always say.. Now Everyone Can Fly
Huang now say... Now Everyone Can See
😎😎😎