KLSE (MYR): JSB (5673)
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Last Price
0.565
Today's Change
+0.005 (0.89%)
Day's Change
0.54 - 0.565
Trading Volume
2,558,000
Opening
Closing
Allotment Date
Listing Date
Issue Price
-
Units
-
Share Capital
0.000
Public Issue
-
Offer for Sale
-
Private Placement
-
-
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RENOUNCEABLE RIGHTS ISSUE OF 101,457,300 NEW ORDINARY SHARES IN JENTAYU SUSTAINABLES BERHAD (FORMERLY KNOWN AS IPMUDA BERHAD) ("JENTAYU SUSTAINABLES SHARE(S)") ("RIGHTS SHARE(S)") ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING JENTAYU SUSTAINABLES SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 28 JANUARY 2022 AT AN ISSUE PRICE OF RM0.30 PER RIGHTS SHARE
Its Top Key Executive, Beroz bin Mirdin, is the largest shareholder, holding 20% of shares outstanding.
Jeefri bin Muhamad Yusup is the second largest shareholder owning 5.1% of common stock, and
Abdullah bin Husain holds about 4.4% of the company stock.
Interestingly, the second-largest shareholder, Jeefri bin Muhamad Yusup is also Chief Executive Officer, again, pointing towards strong insider ownership amongst the company's top shareholders.
A closer look at our ownership figures suggests that the top 12 shareholders have a combined ownership of 51% implying that no single shareholder has a majority. Interesting...... basically shareholders = management :-)
2 weeks ago
Cheap, don't have to look far, study MFCB 3069. Similar business model, similar power capacity. Already reached RM5 Billion market cap and growing strong. JSB just 300m. Must understand the nature of long term projects.
2 weeks ago
In summary;
A) Telekosang Hydro 1 & Telekosang Hydro 2
Current Status
-Already supplying eletricity for more than 6 mths to Sabah Eletric
-Bursa already approved for takeover of TH1 sdn bhd & TH2 sdn bhd
Next
Member (EGM)approval for takeover
-Consolidating TH1 sdn bhd, TH2 sdn bhd account to JSB as subsidiary.
-Quarter Report incorporating Telekosang Revenue.
B) Oriole Hydro Project
Current Status
Initial and sites Infrastructure ready
Next
-Power Purchase Agreement (Major Milestone)
-Award to Main Contractor.
2 weeks ago
Firm sees deal for RM2.8b ‘Project Oriole’ in Sabah by mid-2024
https://www.malaymail.com/news/malaysia/2024/04/16/firm-sees-deal-for-rm28b-project-oriole-in-sabah-by-mid-2024/129125
2 weeks ago
Jentayu secures SC approval for acquisition of Telekosang Hydro and Jentayu Solar assets
https://www.thestar.com.my/business/business-news/2024/03/29/jentayu-secures-sc-approval-for-acquisition-of-telekosang-hydro-and-jentayu-solar-assets#:~:text=KUALA%20LUMPUR%3A%20Main%20Market%20listed,into%20a%20renewable%20energy%20player.
2 weeks ago
My friend and her husband bought up a lot. Never sell even though it touched 1.30 level. When it crashed to 0.50 she sold blue chips to buy more. She had so much confidence.
2 weeks ago
moregain =why your fren and her husband invest on -ve earning company & with no dividend policy ? ahahaha
2 weeks ago
Greensky2 you operator isit, want goreng dont use forum lah no standard at all
2 weeks ago
looks like can use telekosang project forever to invest clueless investors like moregain, want me to introduce you personal loan to buy more of this stock?
2 weeks ago
those promoting to accumulate on this counter, care to share the news that you have or potential news that you see forthcoming? Otherwise, just get stuck in this loss taking company with no prospects does not bode well lah... this company is loss making for the last 6 quarters !!! Yet..... someone sister even sell blue chips to buy jentayu? Phantom demi-god bird from the ramayana series.... :-) happy hunting
1 week ago
Loss making is expected, as this is a vehicle for the owner to inject his asset (Telekosang Hydro 1&2) into it.
1 week ago
Telekosang Hydro 1&2 already supplying eletricity to Sabah Electricity Board for past 7mths or so. Revenue at Telekosang Hydro SDN BHD, not at Jsb. Not yet. SC already approved for takeover. Once completed, Telekosang Hydro Sdn Bhd become subsidiary to JSB.
1 week ago
Valuation are based on fundamental and future growths. With Sabah government hold 30% interest, you can assure the projects is goods.
1 week ago
Don't just listen to me. Listen for yourself here . Please copy the link
https://youtu.be/VKULQG5hkJE?si=K0YNzzbvSJ66AjPK
1 week ago
https://telekosanghydro.com/
TH1 commercial operations Feb 2023 and TH2 commercial operation Dec 2023. So almost 18 months in operation not 7 months as I said earlier.
1 week ago
This is a long term & viable project, not suitable for all..so pls understand the whole project before buying...i am certainly looking to buy on further weakness
1 week ago
I started buying in 2022 when the price was hovering between 0.45-0.50 when the project has not even started.....at the current price of 0.65 and below its worth looking at it again
1 week ago
to all of you saying continue to have faith in this counter, i wish you all goodluck, nothing but scam and empty promises is what i see, even if the company is earning money, which it dint, got the injection of telekosang, which it dint, guess how many big fishes and retailer got stuck due to your words
1 week ago
0.65 your margin call level? see 2 days die also want close this price, no standard
1 week ago
this is 8 straight trading day loss..... from 84c to 64c ..... is there a bottom? whats the news? if any...
1 week ago
Empty can is you. There are no substance in your writing....just angry punters talk. All my writing, I provides with facts and media reporting. I never give TP or time lines, other than what IB gave. People are smart enough to identify potential and invest according to their own strategy.
1 week ago
Commercial Operation Date for Telekosang 2 : 26 December 2023.
SC approval for takeover : 29 March 2024
1 week ago
wait for the possitive signal ..dun catch falling knife ..dun guess like guess number in Magnum toto ...
share market mst be have data prove and be scientific
1 week ago
10 straight trading days of down, and lack of news..... wonder whats cookin at jentayu? surely oversold.... but compared to what? last 2 trading days volume increased a bit to 4m+ ..... is there an upside for this management owned company?
1 week ago
All others assets are doing well with anticipation of interest cut. DJ, Nasdaq, S&P, Crypto, Gold all making new high. With strong fundamental, I am sure JSB will raise back in no time.
5 days ago
Additional Listing Announcement /Subdivision of Shares | https://www.klsescreener.com/v2/announcements/view/7384931
5 days ago
With PP at 80 Cts, now only 56 Cts
Time to buy in, Those PP buyers also need to made monies too, will scale up soon
4 days ago
mf
SUSPENSION OF IDSS DUE TO BREACH OF PRICE LIMIT FOR JSB (5673)
2 Jul 2024, 12:16
SUSPENSION OF IDSS DUE TO BREACH OF PRICE LIMIT FOR JSB (5673)
ISA-02072024-00002
Please be informed that short selling under IDSS for stock JSB (5673) has been
suspended for the rest of the day as the Last Done Price of the Approved
Securities dropped more than 15% / 15 Sen from the Reference Price. The short
selling under IDSS will only be activated the following trading day, Wednesday,
3 July 2024 at 08:30 am.
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
2 weeks ago