39 out of 180 mill already out. if they sell at 12c definitely they are at loss. Let see how desperate are they today and wether got enough buyer at 13c
JAKS shareholders are in a catch 21 situation here. The losses are so much that they felt pointless to sell. I am glad my friend sold his AT with more than 90% losses. Remember KYY posting in front of AT? If KYY was naive, then he was not wronged. But i believe he is quite smart lah. Anyway! JAKS jewel is VN powerplant. However, everything else was bleeding cash. Hopefully LSS4 is positive cash flow lah. More PPs are inevitable. Whether this is ALP's smart move or not yet to be seen. Either way, JAKS would suffer short to mid term unless VN powerplant distribute dividends. Would they? This situation reminds me of Muhibbah. On paper, Muhibbah makes tons of money from Cambodia airport concessions. Have they seen the money after so long? This is like SSlee kept bragging about how much Insas's worth but can see but not touch. Of course, now he can start complaining after he no longer making losses in Insas shares. Another classic example how our judgements/comments are distorted by our interests
Every year I attended Insas AGM and complaint why can't BOD give a reasonable and fair dividend. I'm still holding 400k+ Insas and looking to top up at below RM1 then Below RM0.9.
Hoho .. haha oredi posted much earlier as Vietnam had sentenced 2 well known businessmen/ lady on Corruption ( not from Utilities/ Power industry) , let’s see coming QR by this month ….
Hoho .. Konartist Lee taken wrong medicine as in Bplant case ?
1.) On Bplant :
After Lee dumb dumb hold Bplant did not sell at RM 1.20 n above , suddenly dumb dumb sold at ard RM 0.67 with Cost ard RM 0.67 ( holding since 2017 ) . The price is rebounded from RM 0.64 to RM 1.01 within 11 Days .
Lee must be amm dui liaw , became a Negative commentator in Bplant forum , saying Shl be dropped below RM 0.60 , what a joker le or sot2 le , hahahaha.
More Amm dui lee as Last Price is RM 1.57 before Privatisation delisted….
Hoho .. KonartistLee idol Conartist Callvin blowing n twisting, lying on facts to do Promotion.. but never Partner with Professional Kon with many aka id and Name to do Promotion..
The actual number of Placement Shares to be issued shall not exceed 10% of the total number of Shares in issue at any point in time. Subject to the prevailing market conditions and depending on investors’ interest at the point of implementation, the Proposed Private Placement may be implemented in a single or multiple tranche(s) within 6 months from the date of approval of Bursa Malaysia Securities Berhad (“Bursa Securities”) for the Proposed Private Placement or such other approved extended period. As such, there could potentially be several price fixing dates depending on the number of tranches and timing of implementation.
Most likely after sharks sold all their PP shares then another tranche of PP again.
On the contrary, the sharks are buying not selling. The sharks being connect persons cannot subscribe for the PP, so they have to buy from the market when the pp subscribers were selling for a penny gains.
why waste time in jaks? there are so many good companies with good mgt to invest. If you switch Jaks to say YTLP half year ago, you make back 3 times...Never invest in company where mgt is lousy and cannot deliver...
Hoho YTLpower price is Pressed down for more than 10 years … all Projects is given good returns although Debt to Equities is High … but Gearing Ratio is not High …just Financial Ratio gimmick..
Hoho did you bought when OTB is argued with Blower Pang72 who Promoted YTLpower First… OTB promoted at RM 1.10 lo ….
Hoho as for Jaks … thing is getting better .. but as posted much earlier… hope no Bad News from Vietnam on Corruption … let’s wait n see coming QR by this month …
Posted by Johnchew5 > 3 minutes ago | Report Abuse Hoho did you bought when OTB is argued with Blower Pang72 who Promoted YTLpower First… OTB promoted at RM 1.10 lo ….
Hoho Privasia had been 6 year in a row in Loss .. until being awarded a Gov project contract RM 1.2 Billion ( 2 zone ) on 2022 just before GE … finally is concrete as being further awarded same Project (different zone )with value over RM 42 million on October 2023 …hohoho
Privasia's RM50.3mil Order Book Skyrockets After Bagging RM1.2bil MCMC jobs
11 Oct 2023 — Privasia said it had won the RM1.2 billion contracts in a consortium with Apex Communication Sdn Bhd from the Ministry of Communications and ...
Hoho On Jaks … when I gone thru the Top 30 list .. I am curious and feel strange : CEO is holding 14 % , no other substantial shareholder, even his brother is with 0 % , others individual investors only 0.5 % .
I am doing bottom Fishing at RM 0.185 … Up to RM 0.215 , then did investing since July 2023 at RM 0.19 … the Price is Up to RM 0.245 on 1/9/2023 ( PP is listed on July 2023 )
Thinking again n try to match piece by piece… During I am posting in Bahvest last year .. someone warned me Ang family is Famous in Jenjarom .. related to Society… most of the relatives are in the place .
Once upon a time when we do a China project we demand to be paid back in 5 years time. So first 5 year only pay bank interest (no principal payment) because interest is tax deductible and profit from the first 5 years all go back to investor as dividend.
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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....
Silentreader88
914 posts
Posted by Silentreader88 > 2 months ago | Report Abuse
39 out of 180 mill already out. if they sell at 12c definitely they are at loss. Let see how desperate are they today and wether got enough buyer at 13c