It seems to be displaying a sign of getting weakness for the past day or so. I have sold all and take profit and wait for another time to get back in. Better safe than be sorry.
JSB is in the process of building additional revenue streams in the form of operations and maintenance of hydro plants and the monetisation of renewable energy certificates produced by RE plants owned by the group and by third parties.
Perform within expectation. Consider this as part of development cost for a mega project (project of this size). If you read my previous comment, you will understand, the income from hydro can't be incorporated into the group, not yet.
On 3rd November announcement. "Proposed Acquisitions has been submitted to the Equity Compliance Unit of Securities Commission Malaysia on 3 November 2023".
The proposed disposal will reduce bank borrowings by RM12 million, which will contribute positively to the consolidated NA per share and improve the gearing level of the company. It's a good disposal I guess ..
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....
WongGK92
273 posts
Posted by WongGK92 > 2023-11-09 14:43 | Report Abuse
Hot volume and something good is brewing behind it, hehe