Unlike other company Rights Issues, which they raise cash from shareholders.
JSB doesn't not really need to raise money from Shareholders, it's simply giving option to shareholder whether to take cash from Special Dividend or convert it to Rights issue.
That right Charlie, you will get 3 shares and 1.5 warrants. 10 year tenure is very rare and can command good premium. What a steal!!. Their RM10 Target price is just a matter of time.
Guess lots of peeps are “busy” these 2 days. While nothing is absolute certain, the proposed items are just too attractive- my own view, not encouraging nor discouraging. Be own judge. I already suited my underwear.
Something really big in this company. Read the Star today. Will definitely keeping some for near future. Thanks and all the best guys. Wishing the new JSB team the best too.
Think abt the growth. Am not worry if it’s 2-3-4 ringgit as of now. Just hope the management continues its vision to build JSB in a professional way. Share price of a good company will eventually go up.
Starbizweek 15/1/22 Cover Feature. Yes no mention of JSB. Read and digest the write ups and you will understand what JSB business is heading in future.
1. Co going to raise only RM30M and that actually "paid" from their special dividend. 2. Co don't have to give Special Dividend if they want to but they giving option to shareholders to take cash on 10 Feb or giving back to co on 17 Feb for rights issues. 3. Mgt will take up all the rights if shareholders do not want to subscribe. 4. You can even trade the rights from 1-10 feb.
I don't understand why datuk calvin like to analyse without reading. He don't even know what's going on to the stock. I thought he's clever, but in fact he's ego.
They have much much bigger projects on their plate, than what already being made public. As I said from the beginning, they going to be the biggest RE player.
I don't think operator profiting, roughtly you can know everybody cost and there are no profit to take, further low volume....IMHO. Expected like any other stock, people will sell in first few days...for whatever reason...timing also...DJ weak, CNY etc. People are always thinking ..game over...but they just begin....one of the reason they do this exercise is to bring liquidity and corporate investors.
Juicy part is the warrant which carry tenure for 10 yrs at exercise price of 66 Cts With new management team into RE and solar power Cheap to collect now at 52-53 Cts
Oriole Hyropower alone generate more than five times the total energy generated by all run-of-river hydropower plants in Malaysia and this doesn't include Telekosang One and Telekosang Two Hydropower.
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....
BanyakZhun
294 posts
Posted by BanyakZhun > 2022-01-13 08:28 | Report Abuse
Ini kali lah!!!