Just ignore them and stay focused. OTB has come out to clarify that he doent allow any one to use him name against KYY. He is sincere to him.

Yes, I cut loss at 1.46. Bought at 1.51. Lost 3.3%.

Thanks for sharing.

Technical wise, with a high volume, if Jaks can close above 1.53 today, the worst is over. If it is a red candle today, more down side is expected.

Koone Charles, I bought or intend to buy is none of your business. Mind your own business.

Let them talk among themselves lar since they have nothing better to do.

I am not koony but you are kooned. :)

Yes, he hasn't seen the storm before.

Yes, kooned bear, you are always right.

I can tell his investment strategy is similar to O' Neil who is the author of a book titled "How to make money in Stocks". That is my observation.

Well, Mr Market is always right. Lets see how the market reacts tomorrow and more importantly in the future.

Though Jaks drops from 1.84 to 1.51 recently, the stock is still in long term uptrend if you look at the price chart for the last 5 years.

In addition, it would allow the group to raise funds without incurring interest expenses or the servicing of principal payments, and also improve its liquidity and financial flexibility.

JAKS said the proposed exercise would enable the group to raise additional funds expeditiously and cost-effectively compared to other fund raising exercises involving a pro-rated issuance of securities such as a rights issue.

Thanks for your reminder. You have told us so many times... To be a successful investor, don't fill your mind with hatred.

You have a point there.

PP cost about RM1.29million from the placement in Mar, 2.45%, is it much lower than 4~5%?

Of course the investors see the bright future of the company.

Getting the fresh fund via PP without paying any interest is definitely better than borrowing from bank.

Why borrow form bank? Pay interest is better?

End up the actual placement share price is RM1.36 on 24 March 2017.

Below is the illustrative price for placement shares issued in March 2017:

For illustrative purposes, the Proposed Private Placement may raise gross proceeds of
approximately RM52.60 million assuming the Placement Shares are placed out at an issued
price of RM1.20 per Placement Share.

Not the first time...

It is the first time Jaks raising fund via private placement. They placed 10% to investor in March last year?

Illustrative placement price is 1.39, 10% discount of 1.54 which is 5-day average price, calculated fund raised is estimated to be RM68.8million. If you are the directors or major shareholders, will you want to raise more fund or not? Think about it.

Agree with you.

Beary is the one who get kooned, he keep talking about him. He is addicted to koon.

Sorry, I don't support him I just find you guys' comments are disgusting and uncilvilized.

Many sochais and elderies attack and curse him as well.

Yes, those blame others are always losers.

He only held 8 million shares at one time, i.e. 8,000,000.00 shares, not a major shareholder. Based on the average number of transaction 5 million shares of HengYuan per day, KYY can't manipulate the price. Don't mislead others.

None of your business

DO NOT listen to any one, set your own plan, buying price, cut loss price and profit taking price. Have your won plan. There are people saying this saying that, you have to ignore these noises.

Be greedy when others are fearful.

Bought at 1.51, hehehe....

读过了，谢谢

I am flexible, go with the flow is the way to survive in market.

And dont try to brainwash me. Haha. If you evidence or data or whatever to support your remarks, i will use my own judgement to...

Clarify with you guys, i am neutral and i am not trying to defend for him. Price up or down for jaks does not concern me at all.

From different angles.

Maybe. But i do know that one has to flexible and dont be to stubborn to change. Try to analyze or view on something from different may help one to succeed in whatever we do including stock market.

I have the freedom to comment here no matter how long i knew him.

Perhaps he bought Henyuan at low price, it is natural for him to sell it at high price since Henyuan surged RM19++ few weeks ago.

To a certain extent, i do agree with you. You mean KYY writes articles to mislead or cheat others. However,
I have reservation on that.

Yes, i did come across an article by KYY that he uses margin to maximize his return. It is quite high risk, different people have different characters and thus different investment style. I don't use margin as it does not suit my style.

There are two principles that we need to stick to in order to succeed in stock market. First is to admit your mistake, if you do something wrong admit it quickly, denial leads to failure. This applies to cut loss. If you invest in a stock and it fall below your cut loss point, sell quickly. Second is to take up the full responsibility for whatever you do.You are the one who buys and sells, gains or loss nothing to do with other people. It is you who makes the decision, no body force you, right? These two attributes also apply to life. If you don't have these two attributes, don't trade or invest in stock.

leek, thanks for sharing your view in a sensible way.

His latest article on masteel sounds ok to me. He did not curse or scold OTB, he opines that masteel is not a good stock, anything wrong with that?

I dont get brainwashed by him. I have my judgement. But he has the right to share his articles, right? When come to investment,even very good investors cannot guarantee all the stocks they choose make money. Cut loss on the bably chosen stocks and let the winning stocks run is the key.

Agreed. We have to discuss and talk rationally. Dont curse people...eventually you will get it in return.