Posted by Sslee > 2023-12-04 09:27 | Report Abuse

Insas.
Right issue
Ex Date
Type
Subject
Amount
23-Jan-2015 RIGHTS_ISSUE Rights Issue 1 : 5
02-Feb-2021 RIGHTS_ISSUE Rights Issue 2.0000 : 10.0000

Insas RI of RPS with free warrants in 2015 and 2021 to reward shareholders.

Jaks RI warrant B at RM 0.25 cents and today WB expired out of money. Shareholders subscribe for RI WB lose every sen.
RightIssue
Description RENOUNCEABLE RIGHTS ISSUE OF UP TO 278,164,186 WARRANTS ("WARRANT(S)") IN JAKS RESOURCES BERHAD ("JRB") ON THE BASIS OF 1 WARRANT FOR EVERY 2 EXISTING ORDINARY SHARES IN JRB HELD AS AT 5.00 P.M. ON WEDNESDAY, 21 NOVEMBER 2018, AT AN ISSUE PRICE OF RM0.25 PER WARRANT ("RIGHTS ISSUE OF WARRANTS")

Posted by Sslee > 2023-12-04 09:43 | Report Abuse

Jaks insiders used drty trick to trigger margin forced sell Mr and Mrs KYY jaks share.
One fine day the market will/shall return the favor by trigger margin forced sell tne insiders jaks share and hope you are not one of the collateral damage.

Posted by Mikecyc > 2023-12-04 09:49 |

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Posted by Mikecyc > 2023-12-04 10:28 |

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Posted by Mikecyc > 2023-12-04 11:35 |

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Posted by UlarSawa > 2023-12-04 11:46 |

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Posted by StingRay > 2023-12-04 11:51 | Report Abuse

Wei Wei... Year end sales lah. Normally December is bargain hunting month mah. How to bull leh. 🤣🤣🤣

Posted by Mikecyc > 2023-12-04 20:23 |

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Posted by Mikecyc > 2023-12-04 21:53 |

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Posted by Sslee > 2023-12-05 05:47 | Report Abuse

If jaks share price keep droping lower and lower then for sure at some point it will trigger the margin forced selling of ALP pledged share.

Posted by Mikecyc > 2023-12-05 07:35 |

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Posted by Mikecyc > 2023-12-05 09:05 |

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Posted by joyvest > 2023-12-05 09:18 | Report Abuse

As said earlier on that the share price was expected to go below 20c by the end of this year if not even faster, it appears to be true with hindsight now. Given the dampening situation surrounding the company, it is expected to stay below 20c if not even lower to become a penny stock very soon.. sooner than expected

Posted by joyvest > 2023-12-05 09:24 | Report Abuse

It is pathetic to see someone still as blind as bats to keep hyping on the hopeless company without constructive perspectives but resorting to hurling personal slanderous remarks at other forumnists here.

Posted by joyvest > 2023-12-05 09:26 | Report Abuse

The cheapest has yet to come. Basically, it is not a matter of cheapness but worthlessness....

Posted by Mikecyc > 2023-12-05 09:36 |

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Posted by Mikecyc > 2023-12-05 10:02 |

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Posted by joyvest > 2023-12-05 10:05 | Report Abuse

you see they are hurling slanderous remarks at forumnists..They are behaving like Masochists

Posted by MrFox > 2023-12-05 10:38 | Report Abuse

Scoreboard:
Mikecyc-2 points
joyvest-6 points

haha

Posted by Aldous47 > 2023-12-05 17:52 | Report Abuse

What scoreboard is that? 😂

Posted by joyvest > 2023-12-06 12:04 | Report Abuse

Competency score 1 to 6 where 1 means the candidate did not demonstrate the competency at all, and 6 means the candidate exceeded the expectations.

Posted by MrFox > 2023-12-06 12:56 | Report Abuse

Mikecyc gone missing???
certainly! he lost his tail!!!!

Posted by Mikecyc > 2023-12-06 13:53 |

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Posted by Mikecyc > 2023-12-06 13:54 |

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Posted by Mikecyc > 2023-12-06 13:55 |

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Posted by Mikecyc > 2023-12-06 13:59 |

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Posted by Mikecyc > 2023-12-06 14:02 |

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Posted by Mikecyc > 2023-12-06 14:09 |

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Posted by Mikecyc > 2023-12-06 14:11 |

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Posted by MrFox > 2023-12-06 14:24 | Report Abuse

how Low it will be le ,
soon willbe doing the limbo rock!!!!
haha

Posted by Mikecyc > 2023-12-06 14:38 |

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Posted by Mikecyc > 2023-12-06 23:43 |

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Posted by Mikecyc > 2023-12-06 23:55 |

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Posted by Sslee > 2023-12-07 07:34 | Report Abuse

Time is ticking down. Will JHDP pay any dividend this year? Can Jaks get loans for the 10% addition JHDP share?

Posted by MrFox > 2023-12-07 08:31 | Report Abuse

Maybe answer if you will continue to promote Jaks till next Q?
lauff me die!!! how to promote when his tail alredi cut off!!!
haha

Posted by MrFox > 2023-12-07 08:32 | Report Abuse

tpld him long long ago to swap jaks for YTLPower! but fell on deaf ears!
what do u expect when have no gray matters!
haha

Posted by Mikecyc > 2023-12-07 09:02 |

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Posted by Mikecyc > 2023-12-07 09:05 |

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Posted by joyvest > 2023-12-07 09:39 | Report Abuse

The company has been very mean to shareholders as evident from its "zero dividend yield" from day 1. The excuse of ploughing the retained earnings for re-investment for future growth to enhance the wealth of shareholders through the appreciation of share price is just a gimmick and disguise.

Look at the current pathetic share price at which most investors are suffering from huge capital losses. It is believed that the company has been marked as " untouchable" and ditched by investors.

Posted by joyvest > 2023-12-07 09:46 | Report Abuse

When ton of cash was available in the past , dividend was not paid on "agenda". Now the company is stricken with cashflows, dividend payment is totally out of question. The company can consider " bonus issue" but such would exacerbate the shares price to the extent of becoming a " penny stock "

Posted by Mikecyc > 2023-12-07 09:51 |

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Posted by Mikecyc > 2023-12-07 09:53 |

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Posted by MrFox > 2023-12-07 09:58 | Report Abuse

what does he know with so little gray matter!!!
haha

Posted by joyvest > 2023-12-07 10:16 | Report Abuse

The dividend paid from Vietnam Power Plant to Jaks ( as JV partner) is merely share of profit in the agreed JV . Whether Jaks will re-distribute to its shareholders is another story. Do you really believe that Jaks would reward its shareholders with the dividend payment ? Jaks is unlikely to do so ,not in a million years. The Management would rather use it for their " own agenda ".

Posted by MrFox > 2023-12-07 10:17 | Report Abuse

Jaks is unlikely to do so ,not in a million years.

wake up Mikecyc!!!!!!
hahA

Posted by MrFox > 2023-12-07 10:19 | Report Abuse

cannot wake up?
kesian

Posted by Mikecyc > 2023-12-07 10:32 |

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Posted by MrFox > 2023-12-07 10:55 | Report Abuse

More capital losses are expected for the shareholders....

wake up Mikecyc
haha

Posted by joyvest > 2023-12-07 10:55 | Report Abuse

The proposed DRP ( Dividend Reinvestment Plan ) is another gimmick of denial of cash dividend payment whereby instead of receiving cash dividend payments, shareholders are required to buy " additional shares" with dividend payments( DRP) . No physical cash outflows under DRP due to the fact that the company is stricken with cash. Basically the company is unable to pay cash dividend but to resort to DRP as a desperate move,which sends a negative signal to the Market.

As a result of DRP, more issues are expected to be issued causing EPS to be lower , which would descent the share price further. More capital losses are expected for the shareholders

Posted by joyvest > 2023-12-07 11:04 | Report Abuse

Under DRP ,more shares are expected to be issued. EPS is expected to be lower . MV of the shares is expected to be depressed. However , the Gearing of the company should be " lower in disguise " due to its enormous number of shares . Can the company turn to external borrowing/funds due to its " lower gearing in disguise" ? The answer is NO given the pathetic situations now . The external funders are unlikely to lend..