Could be putting all the eggs in one basket, could be exhaustively using all the fund or even apply margin financing ...... price dipped to lowest, no confidence, can;t rest in private group anymore, have to come out for surviving struggle ---> promote promote, promote .... by using self console reasons ....

Maybe the above description accurately address the actual situation, after that, promotion guru doesn;t put up lengthy, recycle, multiple postings :D

Just for reading pleasure.
Observe how a human behavior develops

Maybe putting all the eggs in one basket, maybe exhaustively using all the fund or even apply margin financing ...... price dipped to lowest, no confidence, can;t rest in private group anymore, have to come out for surviving struggle ---> promote promote, promote .... by using self console reasons ....

Price went up a little, people think was market sentiment, but promoter considers as result of promotion, and keep on promote in a more disgusting way ..... for me, I have done my part :-) .......

Is musing to observe, the contradict talking put all together, how to apply "buy and forget", how it will be developed? would he break record again? :D :D :D

(reply to private mssg)
(Readers please do not pm me, I may not have time to answer. apologies)

My postings do not suggest buy or sell, just revealed new supply of shares at low price.

Yes, theoretically, if the PP buyers sell lower than 0.475, will suffer loss, apparently. They only will gain if sell above 0.475.

I just don't want to comment on others TP, use yr own discretion to judge :-) I don;t hv TP, my trading base on observe "operator willing", is quite simple but workable .... can;t tell more, sorry. If you observe from different angles, maybe you can get a even better trading idea :-)

Thank you!

(Readers please do not pm me, I may not have time to answer. apologies)

Sslee Wow!
The shark syndicate are now so sophisticated with PP and RSS, no more just pure pump and dump.
30/10/2021 10:18 PM

The combination, no doubt, is very powerful .... major shareholders (>5%) need not report their holding change to Bursa, if sell through RSS! Moreover, it can confuse 'analyst' blaming retailers selling their holding when saw the RSS was recover but market price dropped .....

this ctr is actually fully controlled by operator !

Ha Ha Ha!!! Congra!!
You break record!!
Very lengthy and many postings!!!
Well Done!

So, when you see short positions are recovered, don;t be too excited ...it could be from the PP :-)

Another PP in pipeline (Qty? Price?) ... when the short seller recover the position, there would be even more supply .....

The short selling qty now is about 2%, the PP would be up to 20% (15.41 was already issued)

:-)

I rally hope, no more nonsense in this from .....

Pls talk something related to JAKS and no re-cycle, repeat and repeat something that everyone here has already hearing many many times ....

Please!

I raised the short selling topic some days ago, be careful when do the analysis on the figures, no doubt, short selling ought to be recovered. The situatins are, when short selling started months ago, the price was relatively still high ... 0.70+, 0.60+, 0.50+ .....

And then, on 01Jul,2021, the 15.41% more shares issued through PP ....that means, there are 15.41% more supply of the underlying shares @0.475 when the short sellers going to recover the short positions, this is not a 0 sum game ....more supply at low price later ....

RSS is something not so easy for ordinary investors to do, PP also issued to exclusive investors, we don't know who short the RSS, (if a major shareholder (>5%) sell the share, he has to report to Bursa, but not for RSS). Similarly, we do not know who was buying the PP (until we can get some hints from the annual report, which will only be published in Apr /May, next year).

The short seller(s), the PP buyer(s), who? who? are they have no relations ... maybe your guess is as good as me :-)

Nonsense!

Just like old lady enjoys rhetorically winning .... talk, talk, talk,talk .... after talking a lot, feel won :D :D :D

maybe too specific and direct to the point, sorry!!

Someone enjoys rhetorically winning like old ladies .... talk, talk, talk,talk .... after talking a lot, feel won :D

Nonsense 1,
Posted by Aseng > Oct 30, 2021 2:02 PM | Report Abuse

..................................................................................................................................................

company.................Monday........Friday 1.....Friday 2.....Friday 3.......Friday 4
Starting Date :20.09.2012
(closing price ).................................................................................................

ANCOM..................1.82..............1.94............2.30..............2.56............2.57
INARI......................3.78..............3.66............3.70..............3.78............3.89
SURIA....................1.22..............1.28............1.28.............1.25............1.25
UNITED U-LI..........1.59..............1.51............1.56.............1.55

Nonsense 2,

Posted by Aseng > Oct 30, 2021 2:43 PM | Report Abuse

Mother Teresa :

Not everyone can be a great man in the world
but
everyone can do a great thing in his life :

Nonsense 3,
Posted by Aseng > Oct 30, 2021 2:50 PM | Report Abuse
firehawk,

you are still too young to fight a giant

--------------------------------------

some many nonsense just within one hour, intend to quote before deletion, but too many ......

Should avoid talk nonsense, no matter who .......

Should avoid talk nonsense, no matter who .......

After my last posting, I think someone posted something like,

"... but if you talk nonsense ...... " (can't remember the whole phase, can only remember the key-word "nonsense")

The posting was then, deleted.

Think thoroughly before post, don't delete posting after putting it up,

Be gentlemen!

Posted by aspenvit > Oct 29, 2021 8:01 PM | Report Abuse

Stamp duty for shares transactions increased from 0.10% to 0.15% in budget 2022. That is a whooping 50% increase. Is that a significant increase?
------------------------------------

This is worse than Najib, Najib proposed,

Stamp duty on shares of mid and small cap companies is waived for three (3) years from 1 March 2018 to 28 February 2022. For stamp duty exemption in 2019, eligible mid and small cap companies are those with market capitalisation between RM200 million and RM2 billion as at 31 December 2018.

of course, this is their income, they get their salaries paid from tax .....

this one really fantastic .... while earning reduced, announced special div. and push up the price .....

yesterday saw a day of rest, today intend to put up something a bit more controversial .......

..... better not to do it, instead, stay away from this forum at least for a while ........

not intend to say more ......

Good Luck!

+20% :D

On 1 July 2021, the First Tranche was completed with the listing and quotation of 272,667,000 Ordinary Shares, representing approximately 15.41% of the existing issued share capital of the Company on the Official List of Bursa Securities, raising a total proceeds of approximately RM129.5 million.

As at the date of this report, the private placement exercise is yet to be completed, as it utilises the general mandate approved by the shareholders of the Company at the Annual General Meeting held on 29 June 2021 to issue up to 20% of the total number of issued shares of the Company, and the implementation period for such exercise, as stipulated in the Bursa Securities’ Main Market Listing Requirements, is within six (6) months from the approval obtained from Bursa Securities (i.e. 14 June 2021).
-------------------------------------------------------------

Excerpt from Q2 report, another PP is likely in pipe line ..... the quantity and the issued price, of course, will draw the existing share holders eyes :-)

PP : 272,667,000 @0.475 ~ 129m RM.
272,667,000 was about 15.4% of the issued share 1,769,650,607 .

By the time PP was issued, largest shareholder,
Ang Lam Poah 265,065,365 (14.98%)
No sure who is/are the buyer(s), one person or more then one. If any reader knows, please share.

Since the cost is RM0.475,
if the market price achieve RM1.00 after 2 years, the return is > 100%.
if the market price achieve RM1.50 after 2 years, the return is > 200%
in case, this happens, is considered a very successful investment, because getting >200% in 2 years time frame is very good !!

thanks above for the inputs related to solar plant, need some time to comprehend :-)

the 50m from PP is believed only part of the LSSPV, excerpt from co. announcement:

The Company intends to utilise RM50.00 million to part finance, amongst other, the EPCC cost and working capital for the LSSPV Plant. The remaining cost for the Solar Project is expected to be financed via bank borrowings and/ or internally-generated funds.
Any surplus of proceeds not used to part finance the Solar Project will be used to fund the Group’s working capital requirements.

+30% :D :D :D

+20% :D :D

The Group intends to use up to RM150.00 million to part and/ or fully finance the cost of
acquisitions of the power generation assets once identified, evaluated and selected. As
at the LPD, the Group has identified several operating and greenfield renewable energy
assets in Malaysia, Vietnam and Indonesia and the Group’s management is currently
screening and evaluating these assets. The Company shall make the requisite
announcement and/ or shall seek its shareholders’ approval, if required by the Listing
Requirements, as and when the acquisitions are confirmed.

--------------------------------------------------

Besides Malaysia, the group aims on Vietnam and Indonesia too ...... maybe can earn more money :-)

JSNTSB intends to engage third party contractor to provide engineering, procurement,
construction and commissioning (“EPCC”) works for the Solar Project. Thereafter, the
Group will own, operate and maintain the LSSPV Plant. The construction of the LSSPV
Plant is expected to commence in the first quarter of 2022 and be completed in the first
quarter of 2023. The LSSPV Plant is expected to commence its commercial operations
in the first quarter of 2023.

JAKS Solar Nibong Tebal Sdn Bhd (“JSNTSB”)

----------------------------------------------------------------

Built by 3rd, party ......

Find some info. regarding the solar plant,
Fund through PP : 272,667,000 @0.475 ~ 129m RM.
272,667,000 was about 15.4% of the issued share 1,769,650,607 .

The PP intend to raise 196m (minimum) ... 50m is for solar plant.

After the PP, share issued is 2,042,317,607.

karim is really fantastic

Two weeks ago, one posting in this forum caught my attention. It mentioned about the LSS4 (solar energy project), the thin profit margin and the rise of material cost may even cause losses.

Solar energy is an new era, how the financial impact on it operators are something many eagerly awaiting to observe. If it is just like the IPP before, it no much to cheer about, can check all those Malakoff, YTL Power, MMC (fortunately this one perform much better due to the privatization) .... or would the solar project even cause losses??

I tried to look for the posting last week, but it was immersed in huge number of postings emerged recently, after trying many times, I gave up .....

If ones make review, easily can identified, JAKS doesn't perform is due to the local construction business, those omitted the local business but only talking about the Vietnam PP is a big flaw .... the local projects is ending now and not much JAKS can do on Vietnam PP account (basically is prepared by their china partner, JAKS can only report the minority interest), so, the bright days finally come? At this junction, the LSS4 timely kick-in ......

A bit frustrated can't find the posting and who rose this, but is ok for me, after all, understand the solar plant impact is not so difficult from other sources ... most of the visitors of this forum are holding the ticket of this counter, and most of them wish to hear good news, especially when the price is in depressed .... but sometimes is good to listen the pros and cons :-)

it could be this public forum seemed is much more influential, just make the privately group members can't constrain to their group :D :D

Sslee Learned that you are not joining the private group, that means you can't get the exclusive and valuable info ..... however, fortunately, many members of the private group come out to educate you ..... may be you can consider this as honour :D

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3203304
BURSA MALAYSIA SECURITIES PUBLICLY REPRIMANDS JAKS RESOURCES BERHAD AND KENANGA INVESTMENT BANK BERHAD

Bursa Malaysia Securities Berhad [Registration No.: 200301033577 (635998-W)] (Bursa Malaysia Securities) has publicly reprimanded JAKS Resources Berhad (JAKS) and its Principal Adviser, Kenanga Investment Bank Berhad (KIBB) for breaches of the Bursa Malaysia Securities Main Market Listing Requirements (Main LR).



JAKS and KIBB were publicly reprimanded for breach of paragraph 6.56(1)(b) of the Main LR and paragraph 6.02(5) of the Main LR read together with paragraph 6.56(1)(b) of the Main LR and paragraph 2.1(e) of Practice Note 28 respectively for failing to ensure that there were at least 10 market days’ notice from the date JAKS announced the books closing date to the books closing date for the adjustment to the exercise price and/or additional number of JAKS’ Warrants 2018/2023 (JAKS-WB) arising from the proposed rights issue with warrants announced on 22 May 2020.
。
。
。
---------------------------------------------------
Maybe not many can remember what was happening a year ago .....

put it short, due to the "oversight", if one sold WB +/-@0.40 on 26Oct20, can buy back the same @0.20+, one or two days later ......

Im sure, someone closely monitored the RI, was able to make arbitrage gain from the glitch :D:D

JAKS always put up interesting events and sometime, even the IB was involved :D

Guru followers should remember the golden doctrine "BUY AND FORGET" no other ! Unless you are OTB selling tips every week , if not your subscriber will run away .


Don't forget to come back everyday, to read the guidance delivered by Guru .......

non-stop playing himself @0.325 ......

why he purposely makes the vol high high?

He said Umno should contest in 14 seats and let PAS run in six seats and Bersatu take the remaining eight out of the 28-seats in the state legislative assembly, Mingguan Malaysia reported today.

PAS is very clever to suggest the formula,
UMNO : PAS : Bersatu
14 : 6 : 8

PAS humbly contests the least seats, but of course, all the 6 are malay-muslim dominant and let UMNO and Bersatu take others ......

Moreover, PAS now won 0 seat, under the co-operation, even if get 1 seat is a great achievement, PAS leaders are all very intelligent ....

The best dreaming result would be
Bersatu : PAS : Gerakan
10 :5: 0

A Malay-muslim state-gov formed in Melaka.

Bersatu, PAS and Gerakan would likely divide the seat allocation using a 10:10:8 formula.

No doubt, Gerakan will win 0 seat, but it can help Bersatu or PAS wins a little non-malay-muslim vote :D :D :D

Jacob
Oreo
Julie's
Hup Seng
Ritz

Many still do not know the suspension of SD, bcos it happened in the afternoon ... next week ......

opportunity :-)

he probably will be jailed ... :D

Tan Sri shows no fear ... Zahid shivers after reading this and finally will beg Tan Sri for ally!

No rush ... buy @0.40 ?

is good for PAS to co-operate, PAS won 0 seat all the while, with no candidate from BN and Bersatu, PAS probably can break the 0 record ....

PAS will probably side PN, with a weaker Bersatu, PAS can get more respect and benefit ....

10-yr bond @1.64% is a bright spot :D

Hope happen immediately.... have been hearing too much on this.....