They CONSOLIDATED for long time, without doing anything..after wasting so much Time, now they woke up from sleep and doing placements, so weird ha, is it for the perak project or something else?
Majority shareholders have to buy in huge quantities from p. Placement, therefore the price must be at discount. Majority shareholders most likely confident with the additional investment, as such p. placement implemented instead of right issues. Jaks used to have p. Placement in feb17, and price was stable n uptrend immediate after the p. Placement...
It won t go up fast now, till their placement exercise is over by 3rd quarter, september...so in the meantime now it will be trading near 1.25, maybe with discount arround 1.35 to 1.40..if any strong news they won t announce now, but at maybe end of 3rd quarter...
I believe their will push up the price to show and maintain confident in order to get new investors trap. The execrise price not interesting against current price less than 10 sen.
When this puki counter failed to supply 350MW to uttar PRADESH last month, I advised ppl sell all this puki share at 1.6x. However someone shouted this puki share soon go to 2.00 and advise ppl buy more.
This cunning Clans, of this puki counter, are very smart, they already sold their shares...so now inorder to buy cheap, they are pumping in all types of negative news for this counter, to pull the price down, inorder to buy cheap...charcoal probelm, placement, and other negative news coming forward will pull the price down...they are playing very nice games
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....
kenxs
119 posts
Posted by kenxs > 2017-07-11 00:21 | Report Abuse
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5482149