Posted by sky8080 > 2020-10-14 12:42 | Report Abuse

Somehow the icon for the private discussion group went missing in Malaysia site but if you shifted to another country, it will reappear

Posted by ok > 2020-10-14 12:45 | Report Abuse

so the OR is available for trading since what date?

Posted by IronShirt > 2020-10-14 13:00 | Report Abuse

Got 8 days contra play....Kenanga (RI manager) stock broker house is very good at goreng....
Most Kenanga customers are retailers (biggest among all broker houses ) I think easily push to 1.50 to make RI very attractive. Kenanga own remisiers will be marketing Jaks this week and
next week

Posted by cskek81 > 2020-10-14 13:09 | Report Abuse

@IronShirt, is it possible??? looks like not easy to go up till RM1 ler.

Posted by cskek81 > 2020-10-14 13:21 | Report Abuse

@IronShirt, i also hope you are right and we can see JAKS price at RM1.5 before ex-date.

Posted by IronShirt > 2020-10-14 13:26 | Report Abuse

csk. you look at the Bankers' portion of RI and today trading Vol....Can dispose so many shares
if Volume stay at current level???? I think atleast 3--4 days Vol got to get up to 200---300million

Posted by cskek81 > 2020-10-14 13:37 | Report Abuse

@IronShirt, hope today can break RM1. Next week, 1 day up 10cent and it will above RM1.5 next week :)

Posted by Joe Ng > 2020-10-14 13:38 | Report Abuse

How to subscribe ah?

Posted by DeathWing > 2020-10-14 13:40 | Report Abuse

a lot of ppl dun even understand what is rights issue.

once rights issue listed...jaks will drop by an appropriate amount.

meaning you have more shares in the market

existing shares now 600mil
increase to about 1800mil

prices may drop to about 48c

good luck. this is for info

knowledge is power. guard it well

Posted by firehawk > 2020-10-14 16:31 | Report Abuse

ok so the OR is available for trading since what date?
14/10/2020 12:45 PM
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Despatch Date 30 Oct 2020
Date for commencement of trading of rights 28 Oct 2020
Date for cessation of trading of rights 05 Nov 2020
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 18 Nov 2020
Last date and time for :
Sale of provisional allotment of rights 04 Nov 2020 05:00 PM
Transfer of provisional allotment of rights 06 Nov 2020 04:30 PM
Acceptance and Payment 12 Nov 2020 05:00 PM
Excess share application and payment 12 Nov 2020 05:00 PM
Available/Listing Date 26 Nov 2020

Posted by bubu > 2020-10-14 18:59 | Report Abuse

Hi DK, can you add me into your private group please thanks

Posted by DK > 2020-10-14 21:25 | Report Abuse

added
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bubu Hi DK, can you add me into your private group please thanks
14/10/2020 6:59 PM

Posted by wiseinvst > 2020-10-14 23:00 | Report Abuse

Hi DK, Can you add me in as well. Thanks.

Posted by DK > 2020-10-14 23:23 | Report Abuse

added
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wiseinvst Hi DK, Can you add me in as well. Thanks.
14/10/2020 11:00 PM

Posted by firehawk > 2020-10-15 10:15 | Report Abuse

firehawk
。
。
Actually, the overall amount received for Ver. 2; 3 and 4 is almost the same, the differences btw these ver. are the subscription price and ratio, why he reversed to ver. 2 (ver4 is actually same as ver.2, will very little, 0.005 subscription price difference) ?
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if u think the subscription price reversed from 12 to 22, is due to the market condition was improved .... than u r totally wrong, u can checked how the klse indexes performed during this period. Only Jaks was purposely pushed up !!

then, what is the difference? the amount of money holders fork out for subscription is almost the same! those sold their holding earlier and hope to buy back later, cheaper to participate the RI would truly realize the difference :-) Big boss know how to cope with this type of persons, just like he knew how to cope with kyy :-)

by the way, the reversed version benefits the WB holders, is easy to verify.
e.g. assume that u bot WB @0.50, u plug in the figure in both versions for the excise-price and quantity adjustment, u can see which one is better. :-)

Posted by Nikmon > 2020-10-15 11:03 | Report Abuse

The previous RI fail miserably..dont think this round will success.

Posted by IronShirt > 2020-10-15 11:18 | Report Abuse

waiting to load up again if blast thru 1.00....i think banker is waiting for contra boys to giveup
first

Posted by SarifahSelinder > 2020-10-15 15:21 | Report Abuse

Hummmm

Wil there b pleasant surprises kat prospectus abt Vietnam RE or construction projek??

Posted by firehawk > 2020-10-15 16:18 | Report Abuse

Is quite sure that, the RI will be fully subscribed or even over subscribed (bcos some holders do excess application :D) .... or big boss /underwriting IB would be more than happy to take up the portion :D

Posted by DeathWing > 2020-10-15 18:37 | Report Abuse

buy after rights settled.

perhaps shares will drop to range 40 - 50c

buy then

shares will increase to about 1.8bil from now

Posted by Nikmon > 2020-10-15 20:26 | Report Abuse

@firehawk previou RI subscription below 30%, than no underwrint IB....i don't think this round got underwriting by IB, with u all the best...lol

Posted by DK > 2020-10-15 22:37 | Report Abuse

The RM200m minimum proceeds to be raise is secured by RM50m undertaking by ALP and balance RM150m is jointly underwritten by Kenanga and Malacca Securities.

Posted by investor77 > 2020-10-15 23:19 | Report Abuse

how to access the private discussion room ?have forgotten how as already accepted. thanks

Posted by wwchin > 2020-10-15 23:22 | Report Abuse

DK, please add me. TQ

Posted by Nikmon > 2020-10-15 23:24 | Report Abuse

Not bad leh...wish you all luck.

Posted by DK > 2020-10-16 00:00 | Report Abuse

You need to use the i3messenger to access the group chat
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investor77 how to access the private discussion room ?have forgotten how as already accepted. thanks
15/10/2020 11:19 PM

Posted by DK > 2020-10-16 00:00 | Report Abuse

added
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wwchin DK, please add me. TQ
15/10/2020 11:22 PM

Posted by Huat1 > 2020-10-16 05:36 | Report Abuse

DK please add me

Posted by satish72 > 2020-10-16 06:42 | Report Abuse

DK. PLS ADD ME. TQ

Posted by DK > 2020-10-16 08:21 | Report Abuse

Both added
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Huat1 DK please add me
16/10/2020 5:36 AM

satish72 DK. PLS ADD ME. TQ
16/10/2020 6:42 AM

Posted by Lewis Pun > 2020-10-16 08:35 | Report Abuse

DK, can you please add me too? thanks

Posted by Sslee > 2020-10-16 08:39 | Report Abuse

Dear all,
JAKS: One man quest to exercise his Minority Shareholder’ Rights
https://klse.i3investor.com/blogs/Sslee_blog/2020-10-16-story-h1534650460-JAKS_One_man_quest_to_exercise_his_Minority_Shareholder_Rights.jsp

Disclaimer: This is not a Buy, Sell or Hold recommendation but a one man quest to exercise his minority shareholder’ rights. Will this be an exercise in futility? Only time will tell.
If only KYY had exercised his substantial shareholder rights in making requisition to hold an EGM to vote in his nominees to the JRB Board of Directors.
If only many more minority shareholders will to exercise their shareholders’ rights to hold the Board, Management and External Auditors accountable and answerable. Then investment will be more informative less manipulative, more transparent less speculation, more rewarding less pitfalls, more value play less value trap, more fulfilling less heartbroken, more wealth generating less wealth destroying and make Bursa a great place to build your wealth.

Posted by DK > 2020-10-16 08:40 | Report Abuse

added
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Lewis Pun DK, can you please add me too? thanks
16/10/2020 8:35 AM

Posted by ch_invest > 2020-10-16 09:39 | Report Abuse

Hi DK, I am interested to join your private discussion group, add me please. Thanks

Posted by BC2020 > 2020-10-16 09:52 | Report Abuse

DK, pls add me. Thanks

Posted by DK > 2020-10-16 10:00 | Report Abuse

added
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BC2020 DK, pls add me. Thanks
16/10/2020 9:52 AM

Posted by hng33 > 2020-10-16 10:14 | Report Abuse

bought Jaks at 87-87.5sen

Posted by hng33 > 2020-10-16 10:30 | Report Abuse

I change my mind to wait for Jaks-OR, instead now accumulating back jaks that is now cum right in order to firmly entitle all right and free warrant. The reason is because anytime from now in Oct, Jaks will announce commecial operation of it power plant, cannot afford to lose out these opptunity wait later next month in which jaks-OR only start trading.



Remark: JAKS Resources Bhd will see a recurring income totalling over RM720 mil per annum over the next 25 years from its upcoming power plant in Vietnam, according to JAKS’ CEO Andy Ang.

The Jaks Hai Duong Power Plant which will comprise of two 600MW units, will see the first unit come online some time in Oct 2020, ahead of the original timeline of Nov 2020.

https://focusmalaysia.my/mainstream/upcoming-vietnam-power-plant-could-bring-in-over-rm720-mil-per-year-says-jaks-ceo/

Posted by hng33 > 2020-10-16 10:37 | Report Abuse

Now the ratio change to more reasonable level, less dilution with 8 right for 5 exiting share + 4 free warrant, issue at right 22sen.

Such dilution can easily cover back by upcoming steady power profit RM 200m pa. With disposal of loss making property development, Jaks future profit will no drag down anymore. The claim against star is wild card if manage to win over.

As the power progress is at fact track since May, the upcoming Jaks should record lump sum high progress billing from power plant construction

Posted by Leong Wey Chyuan > 2020-10-16 12:51 | Report Abuse

Boring price can't move

Posted by specializedvenge > 2020-10-16 14:15 | Report Abuse

hi sifus , i got 6000 shares on hand , how much cash i need to prepare if i wish to subcribe the RI after exdate ..
first timer for this RI thing ....
thanks

Posted by DK > 2020-10-16 15:15 | Report Abuse

You need 6,000/5x8xRM0.22=RM2,112. You will get 9,600 Jaks shares and 4,800 Jaks-WC.
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specializedvenge hi sifus , i got 6000 shares on hand , how much cash i need to prepare if i wish to subcribe the RI after exdate ..
first timer for this RI thing ....
thanks

Posted by specializedvenge > 2020-10-16 16:47 | Report Abuse

thanks alot . DK

Posted by JJchan > 2020-10-16 17:07 | Report Abuse

consolidation almost complete. Next week should be " running shoe on "

Posted by jinweitong > 2020-10-16 21:22 | Report Abuse

hi sifu, could you advice if I should hold jaks now or buy only after the RI? Thanks

Posted by DK > 2020-10-17 09:44 | Report Abuse

The idea is to buy before the good news from the power plant start to roll in. According to ALP, Unit 1 is expected to start operation this month.

Posted by FELI1305 > 2020-10-17 09:48 | Report Abuse

DEAR DK ,

ON HAND I JUST BOUGHT QTY : 1500 JAKS SHARE , SO HOW MANY SHARE I CAN BUY AGAIN FOR THIS OFFER AND HOW MANY JAKS-WC ?

IT IS WORTH TO BUY IN AGAIN FOR THIS OFFER ?

BY THE WAY , FRESH INVESTOR HERE FOR ME , WHAT IS " RI " MEANING ?

LOOKING FORWARD TO HEAR FROM YOU SOON.TQ SO MUCH.

Posted by supermaxdarren > 2020-10-17 10:29 | Report Abuse

Remark: JAKS Resources Bhd will see a recurring income totalling over RM720 mil per annum over the next 25 years from its upcoming power plant in Vietnam, according to JAKS’ CEO Andy Ang.

The Jaks Hai Duong Power Plant which will comprise of two 600MW units, will see the first unit come online some time in Oct 2020, ahead of the original timeline of Nov 2020.

Yearly revenue is over RM720mil but how about net profit? Net profit affect eps, pe and eventually the share price. Since the total shares go up to 1.755bil shares after RI.

Pls advise if anyone has idea on the profit of the RM720mil revenue.

Posted by TamanOrkid > 2020-10-17 20:01 | Report Abuse

Q:请问越南海阳发电厂一号机开始投运了吗？
Ans:现在四个锅炉还在试,快发电了。别着急!

Posted by DK > 2020-10-17 20:27 | Report Abuse

FELI1305, you are entitled to buy 2400 shares at rm0.22 per share with 1200 free Jaks-wc. RI means right issue.