Not really cut loss. JAKS price was idle so I moved to other dividend paying stock. Nobody can guarantee Jaks price will move up or down in the future. You may refer to the promoters here if you are interested.
MrFox
871 posts
Posted by MrFox > 3 minutes ago | Report Abuse
StartOfTheBull@@ meaning u cut loss , like me!!! smart guy, not like MikrTikus! maybe IQ increased a bit!!! haha
MikeCheatYouCrazy caught lying again. 🤣 mere copy and paste lie feller with zero brains. 😜
Nvidia Gaming = $1,831 million 4Q23 [computed as Nvidia = 95% market share by MikeCheatYouCrazy lies] AMD Gaming = $1,644 million 4Q23
After the case of Bossku, I had proposed to Govt. that percentages calculation be introduced into primary 6 curricula with 3 months intensive relearning in Uni so that people like MikeCheatYouCrazy can learn how to compute the 95% Nvidia market share. 🤣
Pardon me please, I can't resist to rebutt Mike-tikus.
As at 31/12/23. Investment in Joint Venture: RM 904,495,000 Mean JAKS 30% in JHDP equity account book value (initial investment + accumulate profit - dividend) is RM 904,495,000 Similarly the JV partner 70% book value is RM 904,495,000 X 7/3= RM 2,110,488,333
Or 10% book value is RM 904,495,000/3 = RM 301,498,333. Jaks need to pay the JV partner RM 301,498,333 to take over the 10% from JV partner and so far jaks had failed to secure the loans from Singapore financial institut.
The addition 10% expired without jaks exercise it right to purchase the 10% from JV partner.
At AGM: We have received several financing proposals from Singaporean financial institutions and currently negotiating the terms.
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
So since then no news is good or bad news? Should shareholders hold BOD accountable, responsible and answerable for the above?
the management is dishonest and lack of integrity. During the last AGM, they envisaged an occupancy rate for both properties to be above 60% but instead now getting worse
they can plan for star and moon but we would get nothing. The reason is JAKS has an incompetent and lack of integrity management team. And the Ang brothers are not to be trusted
MikeCheatYouCrazy lies about Nvidia 95% market share. Then MikeCheatYouCrazy calls his ownself as pariah. Then MikeCheatYouCrazy says MikeCheatYouCrazy lost money in Jaks cannot afford good food. Then MikeCheatYouCrazy calls Jaks a pariah share.
Growth stock. It is but in terms of the issuance of shares every year. Since 2017 from less than 500m shares to 1b to 2b and now 2.37b and going to 2.7b shares soon. It is growing..... but its cash flow is depleting
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....
StartOfTheBull
8,077 posts
Posted by StartOfTheBull > 2024-03-10 15:23 | Report Abuse
Not really cut loss. JAKS price was idle so I moved to other dividend paying stock. Nobody can guarantee Jaks price will move up or down in the future. You may refer to the promoters here if you are interested.
MrFox
871 posts
Posted by MrFox > 3 minutes ago | Report Abuse
StartOfTheBull@@
meaning u cut loss , like me!!!
smart guy, not like MikrTikus!
maybe IQ increased a bit!!!
haha