It is not if but when the stock will fly again.....

Nothing goes down in a straight line. Same thing when going up.

RainT where is the DK66 and others who promote JAKS when at peak?
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Reply -

At this point, what do you want them to say? Market sentiment is overwhelming....

This counter has a lot of retail shareholders whom are usually weak holders.
Short sellers are taking advantage of them.

When Jaks start to roll in the $$$, we will be thanking OTB and DK66.

Meantime, the stock will just have to ride with market sentiments.

Steady hands will have the last laugh.

* No need to curse and swear people here.

Aemulus rallied too fast and climbed beyond fundamentals. Now just falling back to reasonable valuations. From here on its share perf will depend on how much money the company can/will make.., good luck!

Placement shares completed and listed today. Nice!

Electronic NODX declined by 12.3 per cent in February.

http://www.businesstimes.com.sg/government-economy/singapore-non-oil-exports-fall-59-in-february-after-4-months-of-growth

CEO also bot a lot of shares last year at 1.45-1.50

CEO exercised a lot of staff shares at 1.40

Good day to buy more :)

@lkoky The lawyers just make sure the agreement is air tight. The bankers are the ones assessing the risks as they need to ensure the loans are paid back.

Explains the big fall today on relatively high volume.

The earning per share last quarter is less than half the previous few quarters.
Looks like growth is slowing down. Current valuation is too optimistic.
Based on latest result and assuming same profits rest of the year...PE is at 58!!!!

What's there to be takut? I just want to clarify myself as you seem bit off bearing...LOL

@deMusangking Am sure KYY can read whose side am at. Perhaps you want to scroll up to read all my posts so far.....duh!

@deMusangking You clearly missed my sarcasm! :)

https://klse.i3investor.com/blogs/hwangdbs/146721.jsp

KYY must have bribed the analyst....LOL

@Aboveall KYY and wife hold almost RM 300 million worth of Jaks shares...Nothing wrong for him to promote. If you're in his shoes, won't you?

Resume uptrend today.....

China partner will offer to buy the remaining 40% stake it doesn't own.
Everyone can clap then....LOL

Jaks will close unchanged / green today :)

Let's see if today, Jaks can be as steady as yesterday.....Confidence is important!

@leek Bonus issue is plausible!

@Kesley Relax! LOL

@yewyin33 Good to hear! Look forward to reading the article.

@lizi I have disclosed am based in HK. Only familiar with few shares and personalities in M'sia :)

Also look at the Executive Director......Dato’ Razali Merican Bin Naina Merican's shareholding.....

In April 2016 he holds 25,000,000 shares.

By end 2017, he now holds 29,571,000 shares.

Numbers don't lie!!!

In April 2016, the CEO.... Mr ANG LAM POAH holds 32,800,002 shares after buying 200k shares from the open market....acc to Bursa filing.

By end 2017, he holds now 48,804,102 shares....acc to Bursa filing.

That's an increase of 16,004,100 shares over a period of more than a year.

So is the CEO following KYY after his intense promotion of Jaks? LOL

@long-term Thanks! :)

Old Town?

What's otb?

@CharlesT
Sorry to hear about those who got burnt. Most importantly did KYY gain at the expense of the small guys? I don't think so. He made a bet and it turned sour. Those who followed got hit too. So did he. Such is life....you win some, you lose some.

As I understand KYY cut loss in both MJ and Jaya Tiasa...to buy VS, Latitude and Focus. He gained back all his losses and made more from this switch. It was a good move!

Now no other stock in the past has KYY invested in like Jaks. This one he's really all in now....

@CharlesT I just happened to pick up that two above as someone highlighted it in MJ forum.

@CharlesT

I see that you made some wrong bet yourself too....

Posted by CharlesT > Apr 26, 2017 03:48 PM | Report Abuse
Now Spore Kuku should realise my intention was noble when i recommended to buy Mudajaya at RM1.11 on 04 Apr as compare somebody who recommended to buy Mudajaya at RM2.60+ in 2014...

Posted by CharlesT > Apr 26, 2017 03:52 PM | Report Abuse
JAKS is goreng stock or money game initiated by old python while Mudajaya is a turnaround stock.

http://klse.i3investor.com/m/blog/koonyewyinblog/146425.jsp

:)

@CharlesT Let's put it this way....KYY is a human too. He can only analyse based on current avail info and weigh the potential issues/problems. Many things will be out of his control too.....

If you are planning to Sai Lang like him.... I suggest you make friend with Jaks management...specifically the CEO and have the privilege to go on a field trip to visit the VN IPP project too :)

For those whom may have missed this....

" When will we sell our shares?

If you study JAKS’JV contract with the Chinese partners carefully, JAKS will be paid Rm 400 million during the power plant construction and will get profit each year for 25 years from the electricity sales to the Vietnamese Government.
As I said many a time, I will only start to sell when I see the company stop making profit. It looks like Jaks will continue to make profit during the construction and each year for 25 years during the electricity sales to the Vietnamese Government.
I am obliged to inform you that my wife and I are buying and I am not asking you to buy or to sell. If you decide to buy or sell, you are doing at your own risk. - KYY "

I have been tracking this stock for quite some time. I can confidently say some serious smart money have bought into this stock. Based on KYY and his wife's declarations, they didn't buy everything transacted in the open market.

@CharlesT Won't be long for Jaks to report profits. By end of this month they will already do so.... Then thru 2018-2019 they will book in VN construction. If all goes well as plan...the power plant is currently slated to start before 2020 too!

@CharlesT Option 2 is likely what he intends to pursue. Hence he declared he will only sell when Jaks stops making money....means he is in this for the long haul....and confident it will go much higher than current prices.

@CharlesT Only two options... 1. He buys up entire company with a general offer 2. Once Jaks earns stable income and pays dividends...institutions will buy into this stable income stock....that's when he will sell to them higher.

Honestly what gave me more confidence is to see the CEO himself buying 11 million shares.
Insider buying is ALWAYS a positive sign of good things to come.

@CharlesT I guess for a guy his age to go all into one stock, he must be really confident of the positive outcome. We may not be in a position to do the same but it doesn't mean we cant ride along according to our risk appetite.

@CharlesT Xinquan is an expensive mistake for him. No doubt some followed him and suffered but KYY himself didn't benefit too. But for Jaks....this is his biggest bet....Sai Lang!!!!

@zoo Are you trying to make sure he will not sell any before 2019? Didn't he already said....he will hold until Jaks stops making money. What more you want him to swear? LOL

It is pretty clear that KYY (and wife) is continuously buying (which we can see from Bursa disclosures) making Jaks HIS BIGGEST EVER investment. So for naysayers...say what you like, everyone can see he's buying with FULL CONVICTION.

@zoo Most importantly KYY put his OWN MONEY where HIS MOUTH is.....

KYY and wife owns over 150 million shares by now.
If he sells he has to disclose.....you and I will know.
So how on earth is he going to play pump and dump here without hurting his ownself?