No, wrong. Try again

=======================
Choivo Capital Haha, yeah as a min max analysis, it makes sense. Basically asking if the reduction in gearing is worth the reduction in premium.

Nice one!
08/04/2019 7:05 PM

Can you tell me how differently you look at Jaks-wb ? This is what we eager to know.

=============================
Choivo Capital https://choivocapital.com/2018/11/28/much-ado-about-warrants/

I wrote that about warrants, to be honest, i look at it very differently compared to most people.

I like this

=======================
its not about statistics, it about being the 1%.

If one is absolutely bullish, the logical thing to do is buy warrants.

Yes, compared to market averages

=================
Heavenly PUNTER Hahhahahah Unker Icon how much effort you need to switch lah... Unker DK66 I still get confused so JAKS-WB is low gearing high premium is it?

Choivo capital, appreciate if you could say more than 6 words "I look at it very differently"

https://klse.i3investor.com/blogs/Jaks%20resources/201127.jsp

Jaks-WB is a warrant listed in KLSE with very rare characteristics. There is only one explanation - huge potential in the underlying mother shares.

Personally, I prefer mother shares over warrants.

Will explain in my next article.

Thanks mantua39

ooi8888. ok thanks

Aseng, I believe you are right. Anyway, since there are 40 people who have confidence in me, I will not stop sharing here. I share for joy and hope to bring joy to everyone especially those who have faith in me. I ask for nothing in return. A word of "Thank you" will make me very happy.

Since there are 40 people who have confidence in me, I will not stop sharing here. I share for joy and hope to bring joy to everyone especially those who have faith in me. I ask for nothing in return. A word of "Thank you" will make me very happy.

Sarifah, Thank you. I trust you are sincere. You are welcome to write to me

I have concluded my survey on "Who is DK66?"

https://klse.i3investor.com/blogs/Jaks%20resources/200864.jsp

I would like to thank the following 39 for their trust in me.

Koh Edwin, Hon Boon, Ricky Kiat, Connie555, ATT31786, jakko, aus2070, BLee, brushsoo, chongjonathan, DanielOng, DragonG, eastnolose, edkfc, James Ng, fc1233, Aseng, Icon8888, pussycats, j3294, jeccy, johnyeoyeo, kalteh, Heavenly PUNTER, mantua39, meisarel, ooi8888, probability, rickwongmy, Shinnzaii, sillypan, silverwind, Travestor, sunkiss8686, sweechow, taitaumau, zeroth, VenFx, demusangking

I concluded my survey when the article hit 1,000 views. There were 39 likes (including VenFx and demusangking). Some “views” were from by-passers, and some were due to repeated clicks to view comments. Therefore, I have no idea whether having 39 vote of confidence is considered a lot. I do not know how many disapproved me. Some seem to be on my equal side but did not press or said “like” for some reasons. I won’t do another survey to find out how many doubted my credibility (too cruel on myself). Some names like CharlesT, Sslee, Trulyinvest, and Newbie8080 are definite to vote “no”.

Anyway, 39 is good enough for me to stay on.

As a token of appreciation, you may write to me at i3dk66@gmail.com and ask anything about Jaks in PRIVATE (for whatever reason). Since I have your trust, I will answer with all my knowledge and a free mind. As I need to protect my sources, please refrain from asking for my sources of information. DO NOT share my information publicly without my permission. TQ

I have refrained myself from sharing information on i3 which I cannot authenticate publicly. Sharing of such information will attract a lot of unnecessary criticism. Most likely taken as sinister moves to manipulate prices. I myself will normally disregard unsubstantiated information.

I didn’t want to make the above comment earlier as I know it will attract many insincere “likes”.

P/S I will verify your email on i3 before replying .

I would like to thank the following 39 for their trust in me.

Koh Edwin, Hon Boon, Ricky Kiat, Connie555, ATT31786, jakko, aus2070, BLee, brushsoo, chongjonathan, DanielOng, DragonG, eastnolose, edkfc, James Ng, fc1233, Aseng, Icon8888, pussycats, j3294, jeccy, johnyeoyeo, kalteh, Heavenly PUNTER, mantua39, meisarel, ooi8888, probability, rickwongmy, Shinnzaii, sillypan, silverwind, Travestor, sunkiss8686, sweechow, taitaumau, zeroth, VenFx, demusangking

I concluded my survey when the article hit 1,000 views. There were 39 likes (including VenFx and demusangking). Some “views” were from by-passers, and some were due to repeated clicks to view comments. Therefore, I have no idea whether having 39 vote of confidence is considered a lot. I do not know how many disapproved me. Some seem to be on my equal side but did not press or said “like” for some reasons. I won’t do another survey to find out how many doubted my credibility (too cruel on myself). Some names like CharlesT, Sslee, Trulyinvest, and Newbie8080 are definite to vote “no”.

Anyway, 39 is good enough for me to stay on.

As a token of appreciation, you may write to me at i3dk66@gmail.com and ask anything about Jaks in PRIVATE (for whatever reason). Since I have your trust, I will answer with all my knowledge and a free mind. As I need to protect my sources, please refrain from asking for my sources of information. DO NOT share my information publicly without my permission. TQ

I have refrained myself from sharing information on i3 which I cannot authenticate publicly. Sharing of such information will attract a lot of unnecessary criticism. Most likely taken as sinister moves to manipulate prices. I myself will normally disregard unsubstantiated information.

I didn’t want to make the above comment earlier as I know it will attract many insincere “likes”.

No one has forgotten to press "like" ?

I shall conclude my survey soon. No one has forgotten to press "like" ?

https://klse.i3investor.com/blogs/Jaks%20resources/200864.jsp

SarifahSelinder ,

Have you read my survey article ?

I will conclude my survey soon.

Strange !! I managed to transfer the list of questions from Sslee's blog to here. But it was removed ! Why ??

Dear Sslee,

Thank you for the list of questions to ask during the next AGM. Those who wish to know the answers, please ask during the next AGM, though I don't think the BOD will provide any satisfactory answers. But it is always good to ask.

To be honest, I was hoping for more profound red flat issues concerning the company operations especially those relating to its vietnam IPP rather than insufficient disclosure of information and corporate exercise issues.

Except 1 and 3, the rest of the questions are more of information seeking rather than questionable deals ?

Don't get me wrong, I too wish to have all the answers to the questions listed by you. Always good to know more.

Thanks

Dear Sslee and Aseng,

You are right about ALP isn't a CEO one wishes to have. Given the drama we witnessed over the great fall, it is an obvious case of minority interests disregarded.

I have in my article "Jaks Resources - A new chapter ?" highlighted many "stories" including that of Sslee. There is no way to authenticate the validity of these stories but their logical explanations were difficult to refute. All stories suggested ALP as the biggest beneficiary. Why the great fall if nothing to gain ?

However, ALP is not a super human being, he too has greed and anger.

By all means, he defended his kingdom. When two elephants fight there will be collateral damages. He could have just accepted Mr koon into the board for the good of all shareholders. But how many can accept an intruder ?

ALP owned less than 10% in the company then and didn't have enough means to increase his shareholdings to a satisfactory level. Buying cheap seems to be the only alternative available to him. He could have waited for future dividend from the vietnam ipp to increase his shareholdings but that too can't achieve much as the price will be too high after the vietnam IPP revealed its potentials.

The 2 private placements and the warrant issue could have served his purpose.

So, he did what he has done for control and monetary interests.

I appreciate Sslee for his red flat.

Aseng, don't worry, I m more than happy if someone can provide credible arguments against my case. It prompts me to think and work harder.

TQ both

I m now doing research on whether one should switch Jaks-WB into Jaks. Any thoughts ?

I would appreciate if you could contribute to my next article on this topic.

I m now doing research on whether one should switch Jaks-WB into Jaks. Any thoughts ?

I would appreciate if you could contribute to my next article on this topic.

Thanks, deMusangking

deMusangking like
05/04/2019 8:27 PM

I m doing this for one last time

I m using this article to conduct a survey on myself. Those who find my sharing sincere. Please press "like" on the article. TQ

https://klse.i3investor.com/blogs/Jaks%20resources/200864.jsp

forever escape from poverty

I have thought about this possibility.

Based on my knowledge, the tax liabilities on the RSP remuneration is based on the share price on the vesting date on 8th February. Any further upside will be treated as capital gain.

Anyway, shall confirm my understanding.

=========================
Icon8888 CFO can be trying to be tax efficient

If he holds on until RM4, let's say, he has to pay huge tax as it is part of remuneration

Sell now and use proxy to buy back. That will save on tax as capital gain is tax free in Malaysia for non remuneration related transactions

newbie8080, thanks for sharing your thought too

Windy1974, Thanks for sharing your thought.

Aseng, thanks again

Aseng, you forgot to press "like"?

Aseng, thank you very much.

To all of you here, I may have been very straight and inappropriate in my choice of words. Please forgive me for my less than average England. I can barely express myself.

Yes, CFO sold 650k Jaks shares.

My opinion ?

I can't turn a black cat into a white cat without magic. But I don't know magic.

Yes, It can't be good.

The only 3 none negative reasons I can think of are;

1. He needs money
2. He wants to be seem impartial in carrying out his duties without conflict of interests
3. He has better opportunities elsewhere

BUT I m not absolutely sure.

BUT neither do I know of any problems about Jaks that caused him to sell.

BUT if Jaks is so good, he shouldn't have sold, right ? YES

I don't want to go into imaginary conspiracy theory like "if CFO sells, market will sell so someone can buy cheap"

Sorry, I can't offer any conclusion.

My advice is focus on what you know and ignore what you don't know.

-----------------------------------------------
alt7295 Jaks CFO diaposed 650k of shares 28-29/3/19.
04/04/2019 7:52 PM

Dear Sslee,

You have brought out the precise purpose of this article. I know you are trying to warn the readers here.

If you can't win the trust of the readers here, whatever you write is meaningless.
They probably won't even read them.

So, the previous promoter turned so be careful of the new one ? A common mindset.

How do you expect someone with such mindset would take your writing seriously. They will second guess every single line of your article.

That is why I need to know whether my effort was worthy or I should stop being a nuisance.

================================
P/S: The previous promoter is now saying he is just a trader hence all the investor lose money last year and he make big money. When JAKS price collapse he say you are stupid to hold it long term. Hope you are an investor and not a trader.

Dear Sslee,

My research on Jaks so far merely focus on its vietnam IPP. If you have doubt on its IPP, I will try my best to clear your doubts. If I can't, I will alert your concerns to the readers here so that they can make informed decisions and take precautionary cut loss measures.

If your concern is on its other business matters, I hope you can share your information for the benefit of everyone here. I3 readers, including me, always appreciate alternative views.

I m not stubborn, but just confident. I m too excited by this rare multibagger opportunity. I continuously call for buy recently for few reasons;
1. The price is low now,
2. The power plant is close to completion,
3. The downside is limited.

It would be irresponsible of me to make the call after the price has gone up substantially.

Dear Sslee,

I wasn't trying to prove that I m the most knowledgeable one in the vietnam IPP. I was merely trying to prove my point that fake information are easily spotted. If I had provided fake or inaccurate information, Kcchongnz would have spotted it. My credibility was long gone.

================
Sslee Dear DK66,
Sometime people do not wish to argue for the sake of argument and hence politely stop the argument saying your are the most knowledgeable

In any case, I appreciate your concern. Do help please.

Dear Sslee,

If you see red flats, you are welcome to share. All of us will appreciate your sharing.

You seem to know a lot but not willing to share ?? any reasons ?

Must I be the one to find out everything ? No other angels around ?

Dear Sslee,

Try to find out more about the conversations I had with Kcchongnz. Before that, do not make any remarks or jump into conclusion. Think about how kccchongnz will feel about your statement.

================
Sslee Dear DK66,
Sometime people do not wish to argue for the sake of argument and hence politely stop the argument saying your are the most knowledgeable

Dear Sslee,

I don't see the significant of real identity and its role in sincerity. What has sincerity got to do with one's background? Choivo Capital is too young to be capable or trusted? Mr koon is old enough to lead us?

It is the truthfulness of your sharing that counts. You can't lie about facts, your credibility will be crashed in seconds. There are smart readers who are more than capable to spot your fake information.

I still remember being "grilled" by KCchongnz for quite a while;


Sep 8, 2018 9:59 PM | Report Abuse

I thought you are the most knowledgeable one in Jaks's power plant in Vietnam. Now I begin to doubt so.

Kcchongnz

08/09/2018 21:35
.
.
.
.
.

Sep 9, 2018 10:06 PM | Report Abuse

Wonderful. I would like to restate that you are the most knowledgeable person on Jaks's power plant. From our discussions, I can see it clearly. This doesn't mean I agree with you though.

I would stop my discussion about this right here.

Kcchongnz




BUT I survived.

Some donors prefer to remain anonymous so do I.

P/S I can't find Philip's comment as of why JAKS CFO sold his share


====================================
Sslee Dear DK66,
Your blog title: Who is DK66?
So isn't you need to give yourself an introduction rather then asking people are you sincere or not?
The last time a fake accountant using many ID names to promote JAKS and Sendai non stop with 'Sailang' and margin finance and he himself profited from it again and again and have no shame telling all and calling those losing money in JAKS and Sendai are stupid.
Please read Philip's comment as of why JAKS CFO sold his share?

Thank you
04/04/2019 4:40 PM

Mantua, thank you.

Congratulation to you, Icon8888

------------------------
mantua39 Salvado Dali (who doesn't write much these days)and Icon8888. Followed heavily each of them on only one stock selection over the last ten years but turned out extremely well on each occasion.

Connie555,

I was wondering why you did that :)

------------------------------------
Connie555 just in case jon cant see

May I know who are the other 2 ?

Mantua39, Thank You, I count you in.

Dear Sslee,

Are you saying that those with real names must be sincere ?

=================================
Sslee Dear DK66,
The answer is simple. Just put in your real name and data on your profile as who are you.

John_Lee, Thank You

Yes, I m well aware of that

========================
John_Lee DK66, I remember you were lamenting about low readership of 1 or 2 articles you posted. Don't worry about such things. It is not important. Readership count does not determine if what you write is good or not. Readership has more to do with which stock is hot now. If the stock is currently hot in play, any article posted will garner more clicks. Jaks has been out of the limelight for a while now so it is not surprising that there are few followers of Jaks now. With fewer followers, naturally there will be less people clicking on your articles.

Connie555, You have better England than me. :)

Thank you, Icon8888

-------------------------
Icon8888 DK66's contribution to i3 is not only his articles, but also his civility and gentleness

it is a breath of fresh air for a forum plagued by greed, cynicism, jealousy and other negative attributes
04/04/2019 2:36 PM

Kalteh, you are welcome.