Please be reminded that there will be around 1 billion new shares at adjusted cost per share of RM0.47 to be listed on 26th Nov. For longer term investors who do not want to be taken by surprise, you may wait until 26 Nov before making your decision. However, please be informed that Unit 1 of the power plant will complete its trial run on 14 Nov 2020. Again, I m only here to ring the bell, the decision is entirely yours.
Do not blindly follow advice of anyone in i3 without checking their history. If you lose money, you only have yourself to blame. There are more evils than angels in i3.
Huahtai98. I was trying to make 2 points. 1st. During the Covid 19 in March, most investors are in denial, including me. We always HOPED Covid 19 would go away soon. In fact, during MCO i booked Airbnb in Tokyo for my year end trip. While air fares etc could carry forward, my Tokyo airbnb refused me refund. Now, vaccine is here and people invested in gloves still being optimistics. Very obvious from top articles in i3 forum right? Ya, gloves demand won't disappear overnight, but ASP would normalise? I invested in Top glove too. Honestly, sleepless nights la because of the high valuation. Every time got slight news of vaccine, can't sleep well. I just wanna remind people who invested in gloves not to repeat mistake of investors in traditional counters in March/April. 2nd. Don't overcommit no matter how confident you are. Invest with money you have and you don't need to use
Windy1974 wow. JAKS OR timing is impeccable. Have you read Pfizer's announcement on vaccine effectiveness? During March/April, investors in old economy were in denial. Would the glove holders do the same? Denial it's the start of fall? I wonder whether the so called investment legend has exited glove stocks since lately keep promoting hard? If i chase high on gloves, i will be having sleepless night tonight. I remembered a young man in JAKS forum claiming that he borrowed heavily to invest in JAKS and it's a failed safe investment. I have learnt early in life the hard way that nothing is failed safe. Just a reminder not to be over confident in anything in life. 09/11/2020 9:28 PM
huahtai98 Dont really get what you are trying to put across... 09/11/2020 10:24 PM
deMusangking, many attacked OTB and myself here in this forum, accusing me of selling snake oil. That is why I had to move to a private chat against my wish which is to share info to greater public. Even after I moved, I was still attacked for creating a cage to slaughter newbies. Congratulations to those who have faith in Jaks and stayed on to witness the opening of Hai Duong Power Plant.
u never sell snake oil, instead a beautiful n meaningful dream which is coming.to fruition this month n it will become a goose that will lay golden eggs for the next 25 years n beyond
DK. you have the rights to create a private group. However, my personal opinion is to be transparent and opened. If you do it out of good intention, doesn't matter if noone understands you. You do what you deemed right and not try to be popular. I salute Jack Ma for his outspoken attitude. Yes, it costed him ANT IPO but so what? As he always said in his speech, how much money you really need? Of course, i have heard many bosses claimed this but he is the rare one that walk the talk. He has my respect. I don't respect you because you are loaded but because of your integrity. I have yet to find your blog otherwise but i disagree with creating a private chat room
The present price of Jaks is at 0.64. Do you know what the share price is before right issues ?
Answer : 5,000 shares of Jaks at 0.64 = 3,200 8,000 shares of Jaks at 0.64 = 5,120 4,000 shares of Jaks-WC at 30% premium = 4,000(1.3*0.64-0.49) = 0.342*4,000 = 1,368 Total amount = 9,688 Less right issue at 0.22 = 8,000*220 = 1,760 Net amount = 7,928 Actual share price before right issue = 7,928/5 = 1.58.
Special note : Please ensure you subscribe to the right issue. The closing date for this right issue is 12/11/2020. Thank you. OTB 寧可天下人負我, 休教我負天下人
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....
Limbeier
2 posts
Posted by Limbeier > 2020-11-10 15:47 | Report Abuse
DK, please add me to your group. Thanks