The Fall of the Mouse The mouse sat on a wall The mouse had a great fall All the king's horses and all the king's men Couldn't put The mouse together again
don't worry ..... now not the right time to do anything . one thing for sure . If we are not defeated by our own distress, endure for a sufficient duration, we'll certainly see some good news or positive developments that will drive the price upward and astonish the skeptics with the wonder how a dead cat can bounch 6:34 pm
what make me think so ? 6:37 pm 1. the power plant income is real 2. shift towards RE which is a positive step in enhancing earnings and stabilizing cash flow 3 recovery or improvement of local business loss 6:41 pm we are not greedy , just a 300% from 0.19 is not a dream or something too old for us to see , even though some of us are already 70+ 6:43 pm be positive . The general public, especially the small retailers , requires time to recover from the wounds inflicted by DK. 6:47 pm a injured retailer will never touch the share prromoted by an expert who later turned a snake-oil sifu 6:49 pm Without KYY's speculative funds, the price would never surpass RM 1. 6:53 pm Without our ignorance regarding the fallacy of the facts and data presented by an outsider, the dead cat will never rebound, leaving no opportunity for anyone to escape. 7:01 pm I recall fondly our days of relentless criticism aimed at ALP....... Now, history of the cycle is the same ...... But the subject of our scolding is our esteemed mentor, DK. 7:05 pm I am not a gentleman , I never called myself a gentleman and I never think I am fit to be a gentleman, I am just an old man with plenty of cash , I can afford to donate all my investment in Jaks to charity , but I can't swallow the pain of my wrong judgement, a gentleman I had trusted the most and promised to protect from criticism . a gentleman that I wish to learn from him how to be a good man, a gentleman who had left the group and come back just to kick me out just because I had remove his LPL man , a gentlman who deleted all the evidence after he had noticed it can wrong and misleading .......... 7:18 pm it is a painful lesson that all of us had learnt . but can't speak out because our moral teaching forbid us to do so...... 7:21 pm
DK made a sell call in his private group in early 2021 while Jaks was trading at 0.80 but few did not care. In his letter to his group, he explained in detail the rationale behind his call. I still have his letter saved in my computer. His cited several concerns including volatile price history, dilution from warrants, lack of Wow factor going forward, more fund raising for the 10% option, more free share grants, bigger than expected losses from property, performance of JHDP may not be as good as Vinh Tan 1, ESG concerns, etc. More than half a year ago, DK made another sell call based on anticipated liquidity problems in the foreseeable future due to big future loan repayments, lower than expected dividend from JHDP, unexpected shorter loan tenure as well as higher interest rates and continued high losses from construction and property divisions. This will results in more equity fund raising exercises and hence more share dilutions. Again the few who formed a new group do not agree but will they blame DK again for their inaction ?
June 2022 Why didn't Jaks consider to get bank loan to subscribe the additional 10 percent of JHDP? Any difficulty to get bank loan? With Jaks low current ratio as mentioned in presentation, shall able to get bank loan.
- We are currently looking at various funding options to exercise the 10% option, including utilising the dividends from the power plant to be re-invested for the 10% option.
- Additionally, banks do not conduct this form of equity financing.
June 2023 We wish to clarify that we do not intend to undertake a cash call exercise to subscribe the 10% option. At present, we have received several financing proposals from Singaporean financial institutions and currently negotiating the terms.
Notice the contradiction June 2022 and June 2023 statement?
(Additionally, banks do not conduct this form of equity financing) What did this statement mean?
And (At present, we have received several financing proposals from Singaporean financial institutions and currently negotiating the terms) What did this statement mean?
Someone did not know what is the consequence of negative cash flow? Did someone know what is liquidity problems?
More than half a year ago, DK made another sell call based on anticipated liquidity problems in the foreseeable future due to big future loan repayments, lower than expected dividend from JHDP, unexpected shorter loan tenure as well as higher interest rates and continued high losses from construction and property divisions. This will results in more equity fund raising exercises and hence more share dilutions.
Remember Do 3 Own : Own Homework, Own Analysis n Own DecisionS as only you know your Risk level . DecisionS: is changed Upon new information, new facts n figures.
So had someone did 3 own before he promote Jaks day and night 24/7/365 for so many months to no avail?
Someone only good at cut and paste all the old news without understand what he cut and paste.
So can you expect him to study and make DecisionS: is changed Upon new information, new facts n figures?
What is Jaks new information, new facts n figures?
he is removed by me from the old group because he had caused disharmony in the group, nonstop forcing everyone to believe what Gotyou said , after he had sold all his JAKS
Yes , DK did mention to protrct profit but not with solid reason but wife's advice like Muhyiddin. But we a totally convinced by his professional calculation and fact and data that the target price should be 1.5 or more . if there was as what claimed by the PLP man , there is no reason for a man like who trust him without a single doubt would not have followed . a small gain is a nothing to me , what I want is a 400% success , a story to satisfy my own ego
why I bad mouth DK? legally he is not wrong but morally he is very wrong . he should not have play Muhiyiddin game when he had sensed that his articles can be WRONG or misleading after the COD. if he is a true gentleman , he would not have deleted all his article in I3 that he had taken so musch pain and time to produce.
why a new group is formed ? 1. he came back to the group after he had left after a year or more to remove me 2. to tell his assumption of the calculation was wrong to protect his image of a gentleman but that was already to late we are heavily stuck with million of shares , no way to cut loss . the picture could be different if he choose to tell us the truth the moment he sensed the danger NOT play Muhiddin game . His ego forbided him to do so . a gentleman ?
look at the trend , when the sell signal emerge , then sell the portion of the holding to recover the capital invested . sell all after a second sell ginal . I am a fail value investor based on fact and data oa an expert with limited information
OTB is a gentleman , he knows very well many in the old or new group are stuck with million of shares . it is near impossible to cut loss without an extraordinary courage to act especially at this level of the price . he has no good advice for them , so he choose to remain quiet . not to inflict more pain just to satisfy his own ego . he doesn't disagree a dead can not bounce because he know very well , the power plant is real , company moving into RE is right because the hold business world is talking about ESG. local business can improve with a more stable government . DK is not an gentleman , he is no different from KYY who will bad mouth his strong promotion after he had sold . my good friend Sslee is that child-like as before , never miss any chance to satisfy his own ego and contributed nothing to needy. he still has a lot to learn from OTB .
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....
ks55
4,322 posts
Posted by ks55 > 2024-02-07 09:19 |
Post removed.Why?