Fake selling

Actually somebody collecting

Turning

Think can start nibble

Lai, Oriole project and Jsb are two different entity. Sabah State govt own 30% of the project. Oriole is subsidiary of Jsb.

Sabah State government hold 30%, more reassuring.

The agreement reaffirmed that project is progressing as schedule. Sumitomo will take part in financing of the project.

https://www.businesstoday.com.my/2024/10/02/jentayu-inks-project-development-collaboration-agreement-with-sumitomo-corporation/

Jentayu Sustainables' hydropower project receives notification letter from Sabah regulator:: https://theedgemalaysia.com/node/725555

Catapult, think all floating shares almost finish. Time to nibble/buy.

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.

Oversold position even on monthly cycles.

I see today people collecting and volume shrinking.

Commercial Operation Date for Telekosang 2 : 26 December 2023.
SC approval for takeover : 29 March 2024

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.

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.

Please start from minutes 32.

Don't just listen to me. Listen for yourself here . Please copy the link

https://youtu.be/VKULQG5hkJE?si=K0YNzzbvSJ66AjPK

Valuation are based on fundamental and future growths. With Sabah government hold 30% interest, you can assure the projects is goods.

If the above conditions are not met, SC will never approved.

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.

Loss making is expected, as this is a vehicle for the owner to inject his asset (Telekosang Hydro 1&2) into it.

I see people collecting and shrinking

Let discuss intelligently lah. You can read all my comments for last 3 yrs.

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.

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

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.

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.

Flashing bullish buying signals. Positive momentum.

Major milestones

Stable is good.

Load of bull crap, promoting palm oil.

I think already stable, will move up.

Once it's run, hydro the cheapest.

And currently those assets already churning steady income for past few months. Their account will be consolidate with JSB once the acquisition is complete, which I expect by 1st quarter 2024.

This is the best business to be in. I would say, zero risk. Sabah already hunger for electricity. If you been to Sabah, you would know they are not enough power. JSB has long term contract (21 years or more) with fixed rate and formula to pay their operation, financing cost(sukuk, depreciation etc) and make lucrative profit ( pls study Mega First Corporation Berhad). Investor, invest on JSB not SESB. States government want to take SESB from TNB in the future. So writer completely wrong on second part of write up. If not viable, sukuk issuer which has more rigid conditions won't release the funds.

Metaverse, who wrote that? SESB own by TNB (i think 75-85 %) and smaller shareholder is Sabah State Govt. At the moment electricity in Sabah subsidised by State and SESB. True, they have to purchased at higher rate from some producers. That why they are looking at cheaper and green energy. They started this initiative long time ago, but only JSB managed to delivery it.

Absorbing

Attention seeker, you don't even understand what happened in the first place.

Don't think will happen again. I'm sure they will patch up any weakness.

Nothing to do with politician

2024 is the year, JSB will perform well and better than the previous year. All the significant milestones achievements and results will come in.

Press Statement: Jentayu’s Fundamentals Remain Strong
.

Jentayu Sustainables Berhad acknowledges that it has been a challenging week at the stock market, as we were one of several counters that saw a considerable reduction in price over the last few trading days.

We are firm in our belief that these price fluctuations are short term in nature, and are not reflective of the company's true fundamentals.

Jentayu is well on its way to achieve its target for sustainable financial performance with the injection of the run-of-river hydropower plant Telekosang Hydro into Jentayu poised to be completed by Q2 2024. We are pleased to note that Telekosang Hydro was fully commissioned in December 2023.

We are also on track as planned to execute the Power Purchase Agreement (PPA) for our RM 2.8 billion, 170 MW run-of-river hydropower plant Project Oriole by mid 2024.

As of January 3rd, 2024, regulatory authority regarding the power industry in Sabah has been moved from the Federal Energy Commission (EC) to the Energy Commission of Sabah (ECOS), and just today, Jentayu had an encouraging meeting with ECOS, bringing us yet another step closer to signing our PPA for Project Oriole.

These developments put Jentayu in a much better financial and commercial position than ever, and we are very optimistic going into 2024 as years of hard work are set to bear fruit in the first half of this year.

According to various press reports, our recent stock price fluctuations could be due to an unwinding of positions. This unwinding could have triggered forced selling of Jentayu shares.

We give our investors and shareholders every assurance that these developments neither affect nor reflect Jentayu's fundamentals which continue to grow from strength to strength, and will not deter us from being on track to achieving our goals for this year as planned.

We are humbled by the continued faith our long term investors have shown in us, and we remain steadfast in our commitment to being worthy of that faith.

Director also bought

JSB is a Phoenix, just like in the past will rise again higher. Study your chart.

My advise. Sell all other stocks and buy all beaten stocks. If you understand what going on, this is an opportunity.

When people lose money in one of their portfolio, they will sell other (even their good stock) to cover the 'hole', that what happened to few counters. It's an opportunity.

Alibii, owner didn't not 'sell' the project to JSB. There are no cash transaction. Owner inject his assets to his new public listed company. I.e. back door listing. Anyway, you can read all my past comments. Several respected Investment Bank and Research house already covered on this. Last TP if not mistake around RM1.30 plus.

I feel, not only Jsb but all those stocks hit hard by flash crash is worth the risk to buy especially there are no change in fundamental of the company.

Have a faith.