If you wanna think power station is scam business Ten, you approach Vietnam government spendubg 5years to lobby to get approval and funding, then spend another 5 years to get the plant up and run...
Who the hell want to try?
Bought 17.5c JAKS cheap cheap ticket better la...since power shortage now for data center
The sudden surge is believed to be unstainable.. Jaks is going to issue more and more shares thereby ballooning its share base further to the detriment of shareholders' interest. Jaks has never rewarded its shareholders with dividends in the past despite huge profits were reported ( not sure if the profits were genuine or not ). All they know is to continue issuance of more and more shares ever and ever.
The problem with jaks is the incompetant management wasting all the money in lose making local projects and yearly impairment losses on trade and other receivables.
Just cannot understand why management did not take up the addition 10% option on their golden goose JHDP.
No issuance of RI is expected as shareholders are not keen to subscribe for given of a number of " wolves howling " in the past. Shareholders are said to be no longer trusting the Management anymore. PP is the only means of raising fund now while external funding is out of question given the pathetic shape of the company.
It looks cheap but the cheapest has yet to come .. It is basically unstainable.
Haha just cannot understand why Dumbass Lee dumb dumb hold Xingquin until delisted on 2019 … why investing since 2016 to 2023 … No Win only Loss le … is it so Dumbass Lee ???🤣🤣🤣
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Posted by Sslee > 3 minutes ago | Report Abuse
The problem with jaks is the incompetant management wasting all the money in lose making local projects and yearly impairment losses on trade and other receivables.
Just cannot understand why management did not take up the addition 10% option on their golden goose JHDP.
Their decision not to take up the addition 10% option on their golden goose JHDP has insinuated that they have difficulty to raise funds be it internal and/or external funding. The only means of raising funds to them now is left with " PP" . It remains to be seen as to whether they can succeed in raising funds through PP with the current pathetic share price
Mickey mouse , there is no need to divert the attention by resorting to personal harassment and spitting gibberish here. The readers are discerning to be able to judge for themselves.
Who is humiliated and telling lies at Insas forum and been exposed as a desperate despicable conman?
Posted by Mikecyc > Jun 10, 2024 8:49 AM | Report Abuse Kementerian Komunikasi https://www.kkd.gov.my › news Privasia's RM50.3mil Order Book Skyrockets After Bagging RM1.2bil MCMC jobs 11 Oct 2023 — "This project is expected to strengthen Privasia's existing order book, which currently stands at RM50.3 million (excluding this contract)," it ... —- Posted by Sslee > 24 minutes ago | Report Abuse So Mike-tikus cannot show the link and talk cock again what a conman indeed.
Sslee 5154 posts Posted by Sslee > Jun 10, 2024 8:56 AM | Report Abuse X Aiyoyo Mike-tikus do not even know how to show a link.
Sslee 5154 posts Posted by Sslee > Jun 10, 2024 9:08 AM | Report Abuse X
Privasia's RM50.3mil order book skyrockets after bagging RM1.2bil ... 11 Oct 2022 — "This project is expected to strengthen Privasia's existing order book, which currently stands at RM50.3 million (excluding this contract)," it
Mike-tikus is so desperate and changing the date 11 OCT 2022 to 11 OCT 2023. A despicable conman indeed.
Stock: [INSAS]: INSAS BHD Jun 10, 2024 9:35 AM | Report Abuse Again a desperate despicable conman act of trying to link 24 Oct 2023 announcent of Contract Value RM42,085,665.00 with Ministry of Education of Malaysia to:
Privasat Sdn. Bhd. (“Privasat”) in collaboration with APEX Communications Sdn Bhd (“APEX”) are to accept a contract with Ministry of Communications and Multimedia Malaysia (‘MCM”) for “Tender Bekalan, Kerja Serta Perkhidmatan Bagi Projek Penyediaan Dan Penyelenggaran Point Of
Stock: [INSAS]: INSAS BHD Jun 10, 2024 9:41 AM | Report Abuse By the way the hanky panky contract awarded just before GE15 already cancel by the new government.
Stock: [DAY3]: DAYTHREE DIGITAL BERHAD 1 day ago | Report Abuse
Accumulated VWAP. Dont teach your grandmother how to suxk eggs.
Stock: [DAY3]: DAYTHREE DIGITAL BERHAD 1 day ago | Report Abuse
Given the VWAP of 65 and the lowest of 52.5 under Fibonacci principles,it has reached the first level of the expected reversal any time from now. The likelihood of which is further coupled with its oversold position.
Haha Do notice Fasa 2 n Fasa 3 … and Region / Zon :
Stock: [INSAS]: INSAS BHD 3 hours ago | Report Abuse Haha Do notice on Fasa 2 and Fasa 3 :
PRIVASIA TECHNOLOGY BERHAD Subject : OTHERS Description : Privasia Technology Berhad [Registration No.: 200801023769 (825092-U)] (“PRIVASIA” or “the Company”) – SURAT SETUJU TERIMA (LETTER OF ACCEPTANCE) FOR “TENDER BEKALAN, KERJA SERTA PERKHIDMATAN BAGI PROJEK PENYEDIAAN DAN PENYELENGGARAN POINT OF PRESENCE (POP) FASA 2: HAB INFRASTRUKTUR GENTIAN OPTIK BERHAMPIRAN DENGAN SEKOLAH, KAWASAN PERINDUSTRIAN, PREMIS KERAJAAN, DAN KOMUNITI SEKITARNYA OLEH KEMENTERIAN KOMUNIKASI DAN MULTIMEDIA MALAYSIA FOR (NORTHERN REGION: KEDAH & PERAK - KKMM.400-11/17/132(1)) AND (SOUTHERN REGION: NEGERI SEMBILAN, MELAKA & JOHOR - KKMM.400-11/17/132(3)) 1. INTRODUCTION The Board of Directors of the Company wishes to announce that its wholly-owned subsidiary, Privasat Sdn. Bhd. (“Privasat”) in collaboration with APEX Communications Sdn Bhd (“APEX”) are to accept a contract with Ministry of Communications and Multimedia Malaysia (‘MCM”) for “Tender Bekalan, Kerja Serta Perkhidmatan Bagi Projek Penyediaan Dan Penyelenggaran Point Of
Presence (POP) Fasa 2: Hab Infrastruktur
Gentian Optik Berhampiran Dengan Sekolah, Kawasan Perindustrian, Premis Kerajaan, Dan Komuniti Sekitarnya Oleh Kementerian Komunikasi Dan Multimedia Malaysia for (Northern Region - Kedah & Perak – KKMM.400-11/17/132(1)) and (Southern Region - Negeri Sembilan, Melaka & Johor – KKMM.400-11/17/132(3)). MCM had on 6 October 2022 issued the acceptance to the tender offered by Privasat and APEX. Privasat and APEX have accepted the contract on 11 October 2022. 2. SALIENT TERMS OF THE CONTRACT The salient terms of the Contract are as follows:- No. Particular Northern Region Southern Region 1. Duration of the Contract 36 months - Implementation & 60 months - Warranty 2. Commencement date 1 November 2022 3. Expiry date 31 October 2030 4. Contract Value RM617,515,937.30 RM627,180,583.76
3. RISK FACTORS The Company does not foresee any exceptional risks other than execution risks, political risks, pandemic risks and country risks associated with the Contract. 4. FINANCIAL EFFECTS The Contract is expected to contribute positively to the earnings, and net assets of Privasia for the financial year ending 31 December 2022 and beyond. Notwithstanding this, the Contract is not expected to have any material effect on th
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PRIVASIA TECHNOLOGY BERHAD Subject : OTHERS Description : Privasia Technology Berhad [Registration No.: 200801023769 (825092-U)] (“PRIVASIA” or “the Company”) – SURAT SETUJU TERIMA (LETTER OF ACCEPTANCE) FOR “PERKHIDMATAN SEWAAN PERKAKASAN ICT MESRA ALAM YANG MEMENUHI KEPERLUAN HIJAU SECARA SEWA GUNA (LEASE TO USE) UNTUK KEPERLUAN PENGAJARAN DAN PEMBELAJARAN (PdP) DI MAKMAL KOMPUTER SEKOLAH KEMENTERIAN PENDIDIKAN MALAYSIA (KPM) FASA 3 (ZON 1: PERLIS, KEDAH DAN PULAU PINANG) BAGI TEMPOH 65 BULAN”. 1. INTRODUCTION The Board of Directors of the Company wishes to announce that its wholly-owned subsidiary, Privasia Sdn. Bhd. (“PSB”) is to accept a contract with Ministry of Education of Malaysia (‘MoE”) for “Perkhidmatan Sewaan Perkakasan ICT Mesra Alam Yang Memenuhi Keperluan Hijau Secara Sewa Guna (Lease To Use) Untuk Keperluan Pengajaran Dan Pembelajaran (PdP) Di Makmal Komputer Sekolah Kementerian Pendidikan
Malaysia (KPM) Fasa 3 (Zon 1: Perlis, Kedah
Dan Pulau Pinang) Bagi Tempoh 65 Bulan ”. MoE had on 23 October 2023 issued the acceptance to the contract offered to PSB. PSB has accepted the contract on 24 October 2023. 2. SALIENT TERMS OF THE CONTRACT The salient terms of the Contract are as follows:- No. Description Details of the Contract 1. Duration of the Contract 65 months 2. Commencement date 26 October 2023 3. End date 25 March 2029 4. Contract Value RM42,085,665.00
3. RISK FACTORS The Company does not foresee any exceptional risks other than execution risks, political risks, pandemic risks and country risks associated with the Contract. 4. FINANCIAL EFFECTS The Contract is expected to contribute positively to the earnings, and net assets of Privasia for the financial year ending 31 December 2023 and beyond. Notwithstanding this, the Contract is not expected to have any material effect on the share capital and shareholding structure of Privasia. 5. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTERESTS None of the directors and/or major shareholders of the Company and/or persons connected with them have any interest, direct or indirect, in the Contract. 6. DIRECTORS’ STATEMENT The Board of Directors of the Company, after considering all the relevant factors, is of the opinion that the Contract is in the best interest of the Group 7. APPROVALS REQUIRED The Contract does not require approval from shareholders of the Company or any relevant government authorities. This announcement is dated 24 October 2023.
Issue pp to outsider who is blind to subscribe JAKS shares like the scamming investment happen everyday?
If JAKS issuing right means management can't even get any shareholder to buy the PP..... So the share price keep falling right after right from 60c to 12c..
Once announced PP 12c issue to special guest of honestly then share price flying from 12c to 17.5c and future up in next few day to 24.5c expected...
Mike-tikus caught with his pant down changing the date from original 11 Oct 2022 to below as 11 Oct 2023.
Posted by Mikecyc > Jun 10, 2024 8:49 AM | Report Abuse Kementerian Komunikasi https://www.kkd.gov.my › news Privasia's RM50.3mil Order Book Skyrockets After Bagging RM1.2bil MCMC jobs 11 Oct 2023 — "This project is expected to strengthen Privasia's existing order book, which currently stands at RM50.3 million (excluding this contract)," it ... —- Posted by Sslee > 24 minutes ago | Report Abuse So Mike-tikus cannot show the link and talk cock again what a conman indeed
The boss like to control the share price at cheap cheap like insas and keep buying right after right.... I guess he would like to bought up most of the shares he could do while waiting the big ticket like Vietnam power plant generating cash, 50mv solar plant generating cash and so on...
Then, company starts showing price and he has mountain cheap tickets for full blown
PP is issued cheap , say 0.12 to so called "designated Investors" who are promised to be able to realise their subscription at a higher exit price say, 0.17 . I bet you should know who will be behind to motivate the exit price for the PP investors , right ??
Haha Gov le .. not Dumbass Konartist sslleee 🐭le … Don’t play play with Gov Projects le … See What Happened to Iris NiiSE project :
NST Online https://www.nst.com.my › 2023/08 Home Affairs Ministry terminates Iris' RM1.12bil NIISe contract 14 Aug 2023 — In its filing with Bursa Malaysia today, Iris said the Home Affairs Ministry had cancelled its contract for the NIISe with immediate effect.
RI must be issued to the existing shareholders 1st but it is believed that no existing shareholders are keen to subscribe for. Jaks is fully aware of the consequence of under subscription . Furthermore , it is believed that no underwritters are keen to subscribe . Hence, PP is a safer bet for Jaks now
What u guys argue? Let the market decide la, reality it’s uptrend now, u guys think keep argue here, market will follow your words? Omg… why not just follow the trend and earn money together? So stubborn for what?
Only those in plantation companies with cheap land are most likely will get bank financing to convert some of their non productive land into LSS5 500 MW solar power plant.
You can forget about jaks getting any of the LSS5 500MW (a billion project cost) solar power plant.
SARAWAK CONSOLIDATED IND BHD MAIN : Industrial Products Last Price Today's Change Day's Range Trading Volume 0.315 +0.045 (16.67%) 0.27 - 0.325 57,326,300
Thank StartOfTheBull, I do not notice SCIB also on uptrend (pump abd dump) my TP is RM 1.00 or sell only next year.
Jaks power plant can get 5c eps per year But drag by construction and mall... Why not just unwind theses 2 segment and focus in power business? It can really turn the company around in current energy shortage moment
Property market is booming Power business is booming Construction business is booming..
JAKS has 3 booming business's but hardly profit..
So, JAKS shld RTO by other property company to turn around the mall and get the recurring income freely 20 years from power plant 30mils a QR (120mils a years)
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....
pang72
49,226 posts
Posted by pang72 > 3 weeks ago | Report Abuse
19c, 20, 24.5c mari