Soon The Voith Group of Germany will acquire and JSB will have the best technology partner in the world. Will eliminate most of the development risks in the future. Guys just google The Voith Group to know how impressive is the group.
TP, depends on individual strategy, objectives and length of the investment. Jsb is projected to do over RM300m plus profit a year when their 2nd Hydro complete. In my calculation, worth few billion. Yes, few billion market cap and currently the cheapest in the market. They are solid, they own the assets unlike many other co they just focus on EPC (Engineering, Procurement, Construction) and their income depending of of winning short-term term contract.
1. Change of Auditor is norm after 3-4 years, it good to change Auditor. 2. Now company business model has changed, so focus of Auditing also need to change and; 3. Not many Auditor has expertise to Audit Renewal Energy business.
@Greensky2 According to AR2022, number of shares=353mil, so market cap is 300mil only. How you get few billion? Am hesitating to hold or sell half. Why loss making? It does not collect payment in phases while building power plant? Would be great if some one can list the pro and con.
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....
Posted by samuraijo > 2022-12-28 09:33 | Report Abuse
Pre-New Year present coming??? All the way to CNY rally!! Huat ah!