Ecoworld facing cash flow problem?
Why small contract meagre sum amount to rm 3.4 million also can't pay?

A second Zelan statement to Bursa claimed RM3.34mil in outstanding payment for construction works from BBCC Development Sdn Bhd.


Read more at https://www.thestar.com.my/business/business-news/2019/04/22/payment-woes-for-contractors/#PtGXBcEcHetE3kHJ.99

That should be the way for fair trade talk.
If Head you win, and tail also want to win, might as well send your aircraft carriers to South China Sea, and East China Sea!

Before taking any action to seek compliance, check if you yourself equally committed, unless you think you have more aircraft carriers............

Believe Eco World is now facing cash flow problem.

Don't believe check with its main con and suppliers.

Alternately peruse its annual report when it is out next year to see FCF and current liabilities, if you so wished to get confirmation.

For the time being, stay away from Eco World.
It acquired land bank for development 3 or 4 years ago at prevailing price, that is to say, land cost is never come cheap and interest charges going to kill..........

Haha...
Instead of going to Port Klang, it is going to Malaka Gateway.

Could it be one of the conditions CCCCCCCCCCC agrees to renegotiate ?????????????????

Top makan
Middle makan
Bawah makan

T20 makan
M40 makan
B40 also makan

Fish rots from its head
Leadership by example
Bottom has to follow

Boss drives BMW 7 series
Middle dives Honda CRV
Bottom must at least drives Myvi

7 quick steps to pick the best dividend stocks

https://fifthperson.com/7-quick-steps-to-pick-the-best-dividend-stocks/

Damn stupid by so called experts in Statistic Dept or Bank Negara to state CPI was in negative territory.

Just take away big ticket item like house and car which average person will commit to once in 10 years. AND also to remove oversea travelling which is optional.

Now you consider if you need 100k to live your lifestyle last year, how much is your expenditure going to be if you want to have similar lifestyle this year?

Now consider those have to struggle last year on 30k budget, do you think they can survive on 30k budget this year on same term?


Experts served under politicians tend to create CPI in their air-con office to suit govt's requirement, not actual situation faced by rakyat. With stagnant salary, they are suffering as day passes when their children getting older...........

If median household income is RM 188k per annum, most people with that type of income should be able to buy house @ rm 750k.

RM 372k housing price only took their 2 years income. Don't tell me they cannot afford a RM 372K apartment?

Damn stupid to put cart before horse.
Expenditure suits income not otherwise.

If your income is RM 2650, allocate 20% for accommodation including utility bills like water and electricity.

How are you go to get accommodation within your budget.
Use cow sense a bit.

See how university students can live near to their campus yet they still have weekend outing with their girl friends.
Learn from them.

19 billion for TH
Now 13.8 billion govt guarantee for Felda's debt plus 3 billion fresh capital infusion.

FGV listing pocketed more than 6 billion, not even one sen was given to you and me, but for some privileged people. Worst still 4.3 billion went unaccounted for, and later became 'used for various unspecified reasons'.

PNB declared 6% dividend. Will it become next TH when it find it hard to continue giving out from borrowed money?

Whether LGE knows actual financial status of these corporations/ agencies?

Education Minister must go back to school leh....
What is most urgently needed?
Go cashless in school canteen?

He thinks every parent can afford to buy smartphone fro his school going children.

He thinks every parent can afford internet fees just to pay for canteen food.

Quality and commitment of school teachers can only found in tuition centres, not in school.

Instead of doing part time in tuition centres, formal lesson in school already become part time job........................

PNB and TH using same tactic?
Giving out dividend from what already realized profit from share/asset disposal, but what about losses not realized and carrying huge losses on book?

Not written off and not accounted for will not make losses go away.
Wait till another bail out by MoF with special purpose vehicle ?

Education is useless if after they graduated from university, but cannot speak or write a complete sentence.

So it is better for them to stop at Std Six to prepare them how to fry good koay teow...

Education is important.
Good education and good degree give you license to get into a good job.

How far you can progress will depend on personal quality to excel.
Important thing is you must first get the key that can open up door to your career....

Just look at yourself in mirror.
Are your children performing much better than you?

If you cannot afford a million dollar Condo, does't meant your children cannot afford to buy one.

Just go around to see who are the buyers for million dollar condo?
They are mostly young couples at early 30's !

40 years ago, fresh graduates hardly can afford a Datsun 120Y, but a Honda Cub.

These days fresh graduates are buying at least a Myvi, if not Vios.

That could be the reason they cannot survive unless they stay with their parents even until 30 years of age........

Anyway, what we know is the fact that quality of life over past 40 years has improved.

Our children are doing much better than we were at their age.

If fresh graduates want to complaint about low pay, employers must not take into consideration of super-low official inflation rate by so called statistician's calculation on CPI.

40 years ago (1979), fresh graduates earned RM 800 a month.
If inflation on average @ 3% per annum, starting pay for fresh graduates should be RM 2609.
If inflation on average @ 3.5per annum, starting pay for fresh graduates should be RM 3167.
If inflation on average @ 4% per annum, starting pay for fresh graduates should be RM 3841.

If the govt chooses inflation rate at 1.5% to 2.0% per annum, surely RM 1451 to RM 1766 per month is already good enough to cater for the official CPI.

Graduates earning RM 2k a month now already exceeding govt's expectation.
Whether they can survive or not is not concerning the KPI of politician of the day.
They can always fall back to Bank Negara's official CPI to justify their KPI.........

You are right.
Sendai is a joke!
Who says Sendai expertise is indispensable?
Check out Dubai Mega Mall was delayed because of metal frame not fitting precisely, this was what chief architect was complaining.

Precision engineering of steel structures China must be number one.
Check out how many tall buildings and bridges were built by the Chinese engineers.........

KYY feeding you at 47 sen
He parks at buyer side to mislead unsuspected buyers who will take the sellers (KYY also the sellers).

If somebody Q to buy at 46.5 sen, he will withdraw some buy Q to make others be the forerunner.

Same trick used by skilled remisier to sell big quantity by feeding.
Trick is practical only if he is the single major sellers.
Towards end of trading session, all his buy Q will disappear, left behind unsuspected newbies taking his onslaught selling..............

Price down with high volume (mostly sellers threw to buyers) for past 6 trading days.

Any TA sifu can give good deduction based on theory from book?

Deflation in share price -- YES.
Because ringgit shrinks.
Inflation up and up.............

What deflation you are talking about?
Just because houses are not selling due to low income earned by those young freshies newly graduated from university?

Compare consumables like Nestle products, milk powder, soap powder, and hawker centres in shopping centres, you will find everything goes up in price immediately after CNY...........

Plot ratio 1:10 meaning that buildings will be at least 50 storey tall.

It may goes up to 100 storey if developer prefer to have more open space for privacy at lower floor.

ARPU set to reduce at least by 50 ringgit.

If they did not resort to 'cheating' by bundled package (hypp TV now rename IPTV), ARPU may further reduced by 20 ringgit.

They also cheated on streamyx uses, refusing user to convert to unifi package using excuse fibre optic not available for fear of losing more revenue.

Can you believe well established housing estates like Ipoh Garden was not provided with fibre optic?

What to cheat must cheat with intelligent excuses...........hard to convince even a 3 year old child.....

TM going to report QR in next few days.

How much do you expect losses to be?

Take cue from Axiata to give a smart guess.....................

7 PM news suggests no progress in trade negotiation.
President Xi reiterates trade talk must be on mutual respect and acceptable by both sides.

Curtailment of Made in China 2015 and interfering domestic economic policies amount to encroachment of sovereignty of China - a Red Line not to cross.

Unlikely trade war to stop or deescalating by 2 Mac 2019.
Agree with Jack Ma Sino-US trade war will last for 10 years or more.
Just hope trade war won't become hard war as normally when trade stops, war begins.........

Trade negotiation in Beijing didn't seem to go on fine.

Quite sure trade war will escalate on 2 Mac 2019.

Don't fall into booby traps set by the conmen.

Jaks is at best worth only 40 sen.

Which self enrichment scheme by Andy Ang, TP is further reduced to 20 sen by end of 2019.........

Putting up articles after articles to lure you into their traps.

Not surprising they will again come out with few more articles to reinforce each other's believe so as to influence you to help support Jaks share price.

Stock: [JAKS]: JAKS RESOURCES BHD

Mar 7, 2018 10:29 AM | Report Abuse

Buying Jaks is easy.
Just keep on buying till 160m and you will jack up the price.

With average volume 3-4 million a day, you will need to be net seller for 40 market days at 4m each day.
Can you do it without depress its share price?

If you cannot run with F1 speed, can you beat Donald Duck tsunami 2018?
OPM really kill.
It kills all those greedy and daredevil, regardless you are big shark or small shrimp...........





Check how much was Jaks then.
Conmen were promoting non stop at that time, now lost all their pants.

They are coming out to cheat you again and again just like how they promote HYR in Dec 2017........

You should know who are the conmen I referred to...........

Blog: Jaks Resources - My opinion



Similarly KYY now forming new opinion on prospect of Jaks.
Why kiasu kiasi cannot take opinion of others if not aligned with theirs?

Scared newbies come to know they are misleading in order to profit from the ignorant ????????

Vietnamese can afford RM 300 electricity bill every month?

How much they earn each month?

Tembak lagi tembak until everyone believe your calculation to be correct and accurate.

Talk with facts and figures.
Figures must real and not pluck from sky.

If you think you can make money from Jaks, buy more.

I don't trust Andy Ang.
I have listed him under untrustworthy Director and Jaks by all means should avoid.

Putting up more and more articles to entice newbies is one of the unethical way of making money in Bursa.

People like Icon8888 is one of them.

Power plant in India cost Mudajaya's life.
Do you think Vietnamese govt is so dumb to let Mainland Chinese make so much money out of her rakyat?

China and Vietnam still not in that good term really.

"A 1,200MW power plant can power up 1.2m homes satisfying the need of 6m people which is almost the population of Selangor state. At RM300 per household, it is a RM4.32billion per annum business!"

Not business sense, but cow sense!
You think Vietnamese can afford RM 300 electricity bill per month?
What is the average electricity bill per each household in Malaysia?

Figures are plucked from the sky.
Pakai tembak only............

You watch hitman: Agent 47?
CIA already using that to trace its target years ago.

Come to listening/tracing and linking telecommunication network, there are many digital forensic investigation tools like EnCase, which were developed by US, Israel, Russia and even Australia.
Just wonder who are talking all the craps all along the way.


Now you watch drone show in Shenzhen 2 days ago:

https://www.youtube.com/watch?v=ytTdon94tiw

Do you still believe theft of IP by Huawei as what Donald Duck claimed?
China has pool of talents to convert drone technology into military capabilities.
That is exactly Donald Duck wanted to avoid before he becomes a roasted Peking duck..........

Trade war fears mount as Trump says China meeting 'unlikely' - as it happened

https://www.theguardian.com/business/live/2019/feb/08/trade-war-fears-trump-says-china-meeting-unikely-business-live

Donald Duck already decided he is a tariff man.
2 Mac 2019 will see End of The World.

Fake degree to earn a cabinet post?
If it is not a degree from University of Cambridge, do you think Tun M would appoint him as Senator, and as Deputy Foreign Minister?
Yet to watch how he speaks in English.

If he really used the fake Cambridge degree as qualification to gain appointment as Senator and Deputy Minster, then he has committed an offence u/s 471 Penal Code Using As Genuine A Forged Document and punishable u/s 465 Penal Code.

Wait for 2 Mac to see full fledged trade war.

You think President Xi will buckle under Donald Duck aggression?
China had been suffering 100 years of humiliation since opium war.

President Xi will not make China suffer another 100 years with trade war.


Again, everything will become clearer after 2nd round talks in Beijing next week to see how far both sides prepare to compromise.............

Jaks was good at 40 sen.
Now with mentality like Andy Ang enriching himself by all means, new TP is 20 sen.

Don't tell me Andy Ang and so-called 'senior management' were not adequately compensated with their work previously?

They worked for free?

They are not accountable for negligence for failing their duties ensuring contractual obligations fulfilled?

Why Jaks need to pay 50 million to Star?

Why Jaks need to pay LAD (undisclosed amount that may run into 50 or 100m) to buyers of residential units?

Why cost overrun?

Simply useless CEO and stupid 'senior management' not monitoring project in progress.

Simply because Andy Ang and 'senior management' no balls to hold main con responsible.

With such lousy CEO and 'senior management', they still so thick face robbing minority shareholders by printing shares and pocket them for free.

If these shares so created are not charged to share premium account, or retained earning, these share will become irregular shares and will potentially make Jaks no more eligible to be listed in Bursa........

Still want to use cow sense to sailang and sialang?

Posted by qqq3 > Jan 31, 2019 09:04 PM | Report Abuse

so what is your problem , sslee?




Where got problem?
If you have Jaks, just sell it to Andy.
If you don't have, just stay away from Andy.

In the first place, you should have bought Jaks at 40 sen and below, that was fair price before Andy decided he should be given 25.16 million Jaks for FREE.

Now TP is revised downwards at 20 sen.
All 'Senior Management' will sell at what ever price when they first receive, all 乾捞

It is not share option.
It is not share match.

It is printing free share capitalized from share premium account or retained profit and given to sub-standard CEO and Managers for free......

Consideration for LTIP under RSP is nil.
So it is free for Andy Ang to pocket rm 25 million based on 50 sen per Jaks share.


http://www.bursamalaysia.com/market/listed-companies/company-announcements/6054925

Andy Ang is now listed as one of the most untrustworthy Director in Bursa.

He gives himself 25.16 million shares for free in addition to Director's fees.
He should have sued for RM 25.1 million penalty payment to Star for failing his duty as CEO and more LAD pending to buyers of Pacific Star Residential units.

What about 10.6 million free Jaks share for 'senior management' who fail to deliver?
They should have sacked instead of given rewards for sub-standard performance not fit to be called 'senior management'.

With so poor corporate governance, best to avoid untrustworthy character altogether.

Still want to gamble with him?
Jaks is not worth 40 sen now.
Given new TP 20 sen by year end 2019............

Evolve Concept Mall less than 50% occupied.
A ghost mall in the making just like Maju Junction.

Pacific Star cannot complete (收工) even after 6 years into construction.
Suppose to deliver VP by Dec 2016.
Now is considered 烂尾 project like Plaza Rakyat.

40 sen already on the high side.
Don't be misled by someone with vested interest..........

Evolve Concept Mall less than 50% occupied.
A ghost mall in the making just like Maju Junction.

Pacific Star cannot complete (收工) even after 6 years into construction.
Suppose to deliver VP by Dec 2016.
Now is considered 烂尾 project like Plaza Rakyat.

40 sen already on the high side.
Don't be misled by someone with vested interest..........

FGV is dead.

RM 5.5 billion sales proceeds IPO from Felda went straight to Felda Settlers under Najib's administration.

RM 4.5 billion proceeds offered by FGV mostly unaccounted for, presumably went to Felda under Land Lease Agreement.

What happen to annual leasing expenses?


http://www.bursamalaysia.com/market/listed-companies/company-announcements/6035749