Jaks ( case since 2019) Upcoming case to be heard from 4 March 2024 to 8 March 2024 regarding Pacific Star
Jaks claim:
-the sum of RM248,242,987.62 to be paid to JIC as liquidated and ascertained damages; - the sum of RM297,035,481.00 to be paid to the Company as loss of proceeds; -the sum of RM50,000,000.00 together with all interests and all related costs incurred thereto pursuant to the Bank Guarantees to be refunded and/or returned to JIC within 7 days from the date of the Court order; and damages.
Star claim:
-RM177.72 million.
Mikecyc posted
👉 Haha hope this will be Jaks last Local Construction Project:
PACIFIC STAR Section 13, Petaling Jaya Pacific Star is an elite mixed development project located on 6.04 acres land at Section 13, Petaling Jaya with Gross Development Value of RM1.08 billion. The Group acquired the land from the Star Publications for RM135 million and the payment for this consideration would be the construction and transfer of an office tower to the Star Publications. This development consists of 5 blocks for residential units and commercial space purposes.
Just move on to other counter. Jaks is scam counter. With current price and share volume, I can foreseen share consolidation is around the corner. After the consolidation, the drop will continue
one of the substantial shareholder of this company is owner of another small listed company ( construction sector ), guessing he suffering massive loss, just curious how much he bought in his stake and how massive is his loss 😂😂
Posted by Mikecyc > 28 minutes ago | Report Abuse Haha Xiaoeh 2.0 ke ..don’t be like him free to be Gaipo , but no time n lazy to study Financial Result .. Stucked at Jaks RM 0.365 wow … what a waste of Opportunity le 2020 May … lee901 lee901 | Joined since 2020-05-25 xiaoeh xiaoeh | Joined since 2020-05-07 lee901 lee901 | Joined since 2020-05-25 xiaoeh xiaoeh | Joined since 2020-05-07
wah... Thansk Mikecyc.... praise me publicly u know... i kind a shy guy thanks anyway
First rule is the overly paid CEO, directors and management team. Serious issue on their leadership, acumen and importantly conduct. They paid themselves well with free shares of RM12 to 14 million per year. All the businesses from the surface with good earnings but none cash flow generated. All the businesses ventured either loss-making or ended with legal tussles. They can never bootstrapped & generate its own cash flow. All reliance on the equity to issue money. to make things worse, there were many questionable impairments of receivables but no effort to get them collected
He who laugh last, laugh the loudest. Keep using make up story to make one looks good. Old tactic of conman. And yeah, that fella uses multiple IDs to try to mislead others. 🤣🤣🤣
------------- Hohoho... Want to sound smart but only showed otherwise. Now March the next year already. This means that you have been promoting Jaks for 10 months. Some more dare to say he promoted from July when his posting it as early as May last year. Can always go back and refer to that, if he has not deleted it lah. You also revealed that your cost is at 0.19. And after 10 months of non stop promoting night and day (Yeah, as early 3am), Jaks is currently traded at 0.15 as of today (6 Mar 2024). Down by RM0.04 from his holding. Wasted all the time promoting. I would not be surprised if Jaks goes lower in the near future. And you are still proud of that. 🤣🤣🤣 ---------- Aiyo... the best comment so far. There are so many counters that have big margin of profit, he doesn't want to use. Uses one of my short term trade to compare against his Jaks. Yeah, my profit for that contra play was only 6.8% and I sold it. The profit is already in my account. However, his Jaks profit (I don't even want to mention loss 🤣), is now -21%. Negative hor. Not sure if will still be that % or not in days to come. And he forget one important facts... I used a few days to gain 6.8% and he used more than 10 months, and could be longer, to make a -21%, again negative hor, which may not be something sure yet. Still he is so proud of his achievement. If my staff have this sort of logic, I would have sacked them long ago. No wonder he is jobless. 🤣🤣🤣
Posted by Johnchew5 > 1 hour ago | Report Abuse
Hoho Pokkai Kon Stingray I had not CutWin le , Jaks Paper Gain 7 % … not like Pokkai Kon Stingray main Contra wow 6.8 % oredi Ran like 🐩wow … hahahaha..
2.) Jaks : cost at 19 sen …Paper Gain 7 % as at Today ( 2/10) ..
I wrote this last year hoping that people would not get cheated. You buying or not buying, is not my concern. As I have said before, your money your decision. All I wanted to do is alert some of the newbies of what is posted here. So, do be careful on making decision. 🤣
----------- You guys said lowest or bottom price... So what is the lowest and bottom price? What is low today, tomorrow will be lower. So are the high as well. Has the promoter ever asked his or her follower to cutloss when things go wrong? Like HY at 4.40. Any mention to cut loss?
When the counter move up, any advise to cut win? Or the promoter declared that he or she is selling?
Jaks move up to 0.23 but the promoter keep promoting and now Jaks is 0.15. Those bought at 0.23 because of the promotion, how?
Telling partial truth and not answering legitimate questions from people, why? What is the motive? Why not just reveal that the other people finding has some truth rather than using terms like pokkai, losing until naked, kacukan, stup1d, lixckking buntut and many other insulting word is okay? Just because of different opinion? Why?
Lying, twisting and using part of others post to discredit another person is not an act of diverting attention? If not, then why so? Just set the record right if one post is not correct, something cannot be done?
Tell me, there are so many abusive term used but I don't see you people complaining. Why? Just because you guys believed in the promoter and committed to that counter thus whoever came out and gave a different view must be pokkai, kon, stup1d etc. And to make matter worst, use the promoter post and copy paste to degrade whoever is against the promoter, why? What is the motive?
A con is an act of deceiving others for their own material gain. So why so afraid of truth or correct fact being revealed?
Anyway, no point of answering the above as I don't think anyone who has ultimate motive would be able to answer it truthfully. Correct?
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MQ Trader 3309 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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CoffeeMilo
284 posts
Posted by CoffeeMilo > 2024-03-05 11:14 | Report Abuse
Penny stock in making. 2months max ,sure drop to below 10cent.