All steel counters surge more than 100%, steel fabrication counter, eg Sendai tumble as they need to buy 35% higher steel price compared to thei awarded contract.
Lucky 4 power plants in india almost in final stages. As almost 80% cost are steels...the future new power plants will be more expensive due to material cost..

The construction order book will last for more than 3 years. Nta 2.4.. should be safe

Majority shareholders have to buy in huge quantities from p. Placement, therefore the price must be at discount. Majority shareholders most likely confident with the additional investment, as such p. placement implemented instead of right issues. Jaks used to have p. Placement in feb17, and price was stable n uptrend immediate after the p. Placement...

The contralian
Thanks!

the contrarian, Sk Liew,
Appreciate if u can advise why Insas quarter revenue was about 100m, but the trade receivables was around 400m. Any special reasons?
Hope there is no impairment on trade receivables in future! Thanks

The quarter result announced was expected, based on last quarter n projects status, as such, the price movement was slow for many months.
The last Friday rally was most likely due to future earnings, will start from 2H of 2017. Handsome gain will be generated from 2H 2017, n more will be in 2018... following the new projects implement.

Another iwcity n mathon

Unrealised gain will t be booked in pl.only realised gain be reported

Price uptrend usually follow sentiment.. good company fundamental n undervalued stocks for long term investments, not for trading.

Coldinvestor. Agreed.
Everybody does not buy Jaks or miss the boat will will negative comments. This is human being!

Mahathir is still very active in politics. How old is Mahathir?

10 million syndicate shares is not much. I already have 900, 000 insas mother, accumulate since last year.

Today n yesterday volume above 25 cents about 300 million. Beware of forced selling limit down early next week. Your hard earned money!

Now 140m share with yesterday 100m share above price 25cents. Total 240 millions share forced sell coming. Run for your life!

At this level still consider cheap, if compared to the stable prospects, recurring incomes n opportunities. Many counters have already rocketed up 100% to 600% % without fundamental.
I m comfortable with price below RM3.

Pestech, infrastructure co, share price jumped from 0.40 to Rm7 b4 bonus issue. Pestech stress that solid prospects for power projects in Indochina..

Durian tree will take at least ten years only taste good n Yummy!

For medium n long term investor, I dont care about 1 or 2 cents difference, based on strong balance sheet, solid quarterly profit, cash rich, n NTA more than Rm2, more than Rm3 if inari market price take into consideration.
Save a penny n lose a pound..
I seldom lucky in contra trade, however, always big gain in short n medium term investments.

I have invested both in mudajaya n Jaks since end last year. Yes , mudajaya is a good buy, however, the trend is still bumpy,as the coming another 2 quarterly results may not be good, but mudajaya will deliver stellar financial result in 2nd half of 2017.

Jaks will definitely have good quarterly financial report in the next quarter. Jv strong chinese cpartner is a good advantage n tons of opportunities in the pipeline. In power plant projects, water treatment n so on..

I sold 40% of jaks at 1.27 n bought back at 30% at 1.49...

Today cnbc reported iphone 8 had bulge of buying, will benefit inari for this year, together iwth strong US dollar. High volume of bursa will also strongly underpin insas m& a secuties arm...

I bought mudajaya around 0.90 last year n jaks 1.00 last year. Both are equally good.
Jaks certainly will see the immediate good quarter result n tons of opportunities
Mudajaya may see another 2 bad quarter results. The final quarter result should be good.

Those against Jaks are those miss the boat. Human behaviour.

Mahathir is old, still a very active politician.

I bought insas warrant 600, 000 around 0.24 in 2015, she dropped for about 1 year to 0.16, again I bought 300, 000 around 0.16. Total 900, 000 sold above 0.30 last month. N swapped to insas mother for dividend n long term.

Philip capital, Epf, Aia, Great eastern.. are top 10 shareholder. These institutions are conservative in equities selection, n favor infrastructure, recurring income for long term,, to ensure their members capital n income are solidly protected.

Usually, majority of stocks will base on sentiment. If the trend is up, it will keep on going up. If the trend is down, it will tumble for long time. Dont chase downtrend. Look for profit taking n buy. I dont think the profit take will go to 0.845 level.

If go to 0.845 level, I will sell. N buy around 0.70

I am comfortable as EPF has invested in Jaks in Dec2015, n as a substantial shareholder.

Calvin

Insas you bought at THE Lowest n jaks also THE Lowest as well.! congratulations! But nobody will believe if they are investors. Empty drum make the biggest noise!

Waste time!

Boring!

One bunch of morons n chicken talk nonsense.

Despite Mr kyy is old, but he is strong. Mr kyy has guts to invest more than 100 mil, however those younger than him have no guts n only talk nonsense. Shame on you!

Public bank n affinhwang target price on Jaks is around Rm2. b4 discount. However, base on Jaks growth, rosy prospects n future power plant recurring income,, it is undervalued n should worth more than Rm2..

If u wish to buy deeply undervalued profitable counter, then buy

1. Insas Rm0.90
- 21c% inari major shareholder,
- strong balance sheet, 500mil in FD,
- NTA more than Rm2, NTA more than Rm3.5 if base on Inari market price,
- core business: securities M A, current high volume in bursa will benefit Insas
- technology ( in addition of inari), Glenn Eagles hospital 20%.......)
- very low risk n high return

Texchem as suggested by Calvin is overvalued, as Texchem Japanese foods is very competitive n low margin. I used to work in Texchem as finance manager for 5 years

Cause I swapped for long term investment mother share.
Yes, market rally should buy warrant, higher return!

I swapped insas w to insas mother.. n bought at 0.905, 0.915

More than rm150 million Additional gain for non disposal since oct 2016..

Fortunately Insas has not sold any inari share since oct 2016. The inari price surge more than 35% from 1.50 ( after bonus issued) to 2.04. More than Rm 150 million gain for for non disposal since end last year.. insas can b considered low risk, deeply undervalued. Can hold for long term as starting givec dividend. But not for contra play !

Insas has M&A securities, in addition to Inari, insas also has Technology arm. Why all technology sector price has surgedmto 100% to 300% n more, such as datapred, efficien, greenpacket, hope insas is coming soon powerfully..

One of my main reasons to invest in jaks is the Well established, competent Chinese Jv partner, this will provide tons of future opportunities..

Everything has risk. Such as oil, perisal had tumbled from Rm1.50 to less than 10 cents, also property, finance were hardly hit. Where power plant income more stable, almost no competition..I bought this counter since last year. N this year kyy has enhanced my confidence.

I m comfortable with current price, with recurring incomes for 25 years, good position to ink IPP new projects, n potential domestic n abroad new construction contracts.

Boring

Jaks is under kyy controlled now, n vietnam project has a very powerful, n knowledgeable jv chinese partner. All the agreements Between Vietnam government n jv have been documented,, whereas indian power plant is different loh.
Everyday u r in i3 forum of mudajaya, u should know loh.
At least., kyy has many successful cases for him to become a tycoon!

Mudajaya is exceptional case, indian government problem n beyond his control. Conclusion: How can he be a Tycoon today. Everybody knows the answers.
Dont waste time talk nonsense!

Affinwhang n public bank still outweigh on jaks after the last quarter result. Kyy can cut loss n stop buying from 5 % . Instead he increased buying additional 21% to 26 %. What is his plans.?

From his relationship with Ijm, gamuda.... his construction background, many financial professionals around him, i suspect should have major development n should be positive.

P placement price is 1.36, why kyy sapu again in open market additional 7 million share, price range from 1.45 to 1.55. Any special reasons? Thanks!

Trading value in bursa surge to 5 billion from around 1 billion last year. Core securities arm (m&a securities) of insas will greatly benefit. Together with it leasing, technology division n inari... it is extremely safe to invest in insas, due to undervalued. Dont chase high risk such as iwcity, ekovest, awc, datapr....where these stock has already jumped more than 300%......

The placement price is fixed at 1.36. Will the price drop to this level or slightly higher than 1.36?

Kyy sapu after the poor quarterly result, now the last opportunity for kyy to sapu afrer the p placement approval...

Fortunately, I bought back at 1.49 when mild profit take....

Kyy sapu another 17 million share based on today's bursa announcement.