Salient Points: (a) Joint development and investment into the JSB’s Existing Projects
JSB and Sumitomo Corporation (collectively referred to as the “Parties”) have indicated intention to jointly develop renewable projects in Malaysia. These projects include, but are not limited to a 170MW hydro power plant project that JSB is in the midst of developing, and such other renewable energy projects being developed by JSB.
(b) Joint operation of company conducting business related to power plant projects
The Parties have indicated interest for a joint operation and management of the collaboration, through board representation, management committee and/or any such similar manner as may be discussed.
(c) Joint development and investment into other potential renewable power plant projects
The Parties have indicated interest to explore pipeline renewable power plant projects currently pursued by JSB. For these pipeline projects, the Parties may come into an agreement to jointly develop and invest directly into the Ordinary Shares of any potential project companies.
One of significant milestone. They can benefits from Sumitomo experince in managing and funding mega projects. Their participation including representation in boards and shareholder.
JSB is being sold out, which has caused its listed price to drop from 0.95 cents to now only 0.84 cents. This allows opportunistic individuals to deceive inexperienced traders and potentially lead them to lose their hard-earned money. Subsequently, they buy more to drive the price up to RM1."
Still solid. Those assets already producing recurring income. The issue here, the acquisition process by Bursa, probably need another month or two. So that need to be happen, before we can see the account of JSB can incorporate those income.
Jul 14 Third quarter 2023 earnings released: RM0.019 loss per share (vs RM0.022 loss in 3Q 2022) May 24 Second quarter 2023 earnings released: RM0.01 loss per share (vs RM0.29 profit in 2Q 2022)
Happy weekend, saw a article posting with good info. If some one having insider is extra. Honestly i think this stock fundamental not bad, additional the volume also ok. Might having some good news soon
jentayu long run quality stock with good business model, now still on going with renewable energy theme as well, Even international company like toyota also converting to energy. Time to Grab good stock like Jentayu, or related renewable theme like aco, solarvest...
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....
keluarpattern
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Posted by keluarpattern > 2023-07-24 09:39 | Report Abuse
1.06, i see reversal pattern, bull run soon