not sure who, i saw 1 million shares queue at 1.09 during pre-closed time, it disappear just second before pre-closed time end, haha, to lure people in? who? KYY? lol

almost 4pm, i believe the hearing has been over, although i no care but can't discount the impact from the court case, since it is dropping i presume they lose the case again to the star.....just get over it and move on.....

the 2 million queue at 1.03 now reduce to 1.5 million around 5 million just pull off....haha, maybe is KYY.

there are 2 million queuing @1.03, let see how KYY break this wall

@GoodBoy, i don't think contra is a threat, but KYY yes....if you monitor last few days transaction, the way KYY sell his share, wide out 1 million worth of share queuing by merely only 1 transaction...huhu... than it continue few times....no matter how high is the wall has been accumulated, it just simply break it without second though. haha this old man has no mercy

@GoodBoy, those contra kaki had sold and left this forum already since yesterday haha, check the comment yesterday and you can find a lot of contra kaki announce victory....haha

btw, who keep buying since this morning, don't think those contra kaki dare to buy now after the price hike from 0.9 to 1.07 which is 10%,

with merely 4% disposed by KYY, already cause it drop to to 0.90.....he still holding 25%..haha, but once his stop selling, the price automatically gone up because it has been oversold for so long...probably it will hover around 1-1.20 range until next catalyst..

any good news from fund manager?

seem like a lot contra kaki sold their share this morning, btw, there are 25 million worth of share bought by someone just today at price 1.03 - 1.05, definitely ICON888 is not alone and a lot of them believe in the fundamental of JAKS. lets the time prove who is wrong or right....looking forward to Q2 result as it going to record high.

haha, kyy sell share to buy warrent...seriously, the warrant price at 25cent with RM1 exercise price, which very cheap, only 17% premium based on current price...

today total 25 million of shares change hand, which is top 4 higher value transacted in bursar, highly doubt only retailer involved.

possible good news list
1. KYY promote the counter again
2. New contract
3. Vietnam construction phase 3 completed
4. unknown good news
5. no news equal to good news

170 million sale of land was completed in April, would this amount appear in the coming 2nd quarter report?

i figure the next blog is coming out soon, fans of KYY be ready

same with velesto, debt...

contract is too little and too late, no doubt tomorrow might fly....this counter need fresh fund desperately...dont get me wrong, i also invested but ceo really need to sell his stakes la

ok, good good, what would tomorrow price, break 20 cent?

is this a good practice, why petronas keep award umbrella contract without define the amount, difficult to gauge how much earning lah

@SuperPanda, you are totally wrong again, some of the retailer does make a lot of money from the previous hike....KYY is the only one who push up the share price and a lot retailers benefit from that. From the announcement made recently, KYY is not the 1st person sell but are those retailers sold first.

tomorrow JAKS give up the court case and pay 50 million, then KYY praise the JAKS act and keep promote this counter, then follow prospect buyer for evo mall....perfect scenario to push the share up.

KYY crying, estimate 100 million gone...haha

@dompeilee, the buy % has been increase 5% since second session start......looks like many brave investor rushing to catch the falling knight or rebound....

@Gushen, you are totally wrong, this round KYY is the loser and run slower than other, he only start selling at 1.20 which is 40% lower from the peak 1.8, mean a lot people already ran with profit or cut loss before KYY start selling.

KYY still got 29% share on hand....haha. I guess he is selling to fund the right issue cost...he need to sell at least 15%, and i guess he had already sold >10% as at today.

if it break below RM1....no support level lo

from last Friday to today, 2 days only 5% share change hand
which worth RM 30 million

KYY sold 3 million share today....

from the comment above, seem likes a lot have cut their finger, hands or legs....lol, but this is normal because this counter has been drop since Feb until today from RM 1.8 to Rm 1, 5 months continue drop non stop around 45% dropped....haha

dropped continually for the last 5 months....how many investor making lose in this counter..huhu

https://www.theedgemarkets.com/article/jaks-falls-45-volume-triples

reversal signal?

seem like 1.4 could be broken any time..

@Alvin, if Ang wants to hurt KYY, he would prefer to push up the price, the right issue can be price higher, this would be more severe if KYY unable to fun enough money to subscribe right issue.

if KYY publish another comment, then another panic buying
if kyy announce more sell, panic selling
all depend on KYY's finger

seem likes it won't go down below RM1, for those who waiting to enter at price below RM1, sorry and please come back tomorrow......haha

to be honest, i am one of them who waiting for the price fall further and in accumulating mode

@stockraider, for me you also are in the accumulating mode, waiting the right price to reenter.

stockraider: LOOK AT THE BUSINESS & FUNDAMENTAL OF JAKS LOH....!!

so you are one of them, ready to buy in when the price is bottom out....

@stockraider, just wonder, you would buy at what price? 70 cent and below?

dayang got 2 contracts from petronas for maintenance, since las year..still 0 for barakah...

4 out of 5 top articles in i3 are related to JAKS.....so many investor interested in this stock, no wonder the rebound on Friday so strong amid weak sentiment. at fist i thought it will go down below RM1 and queue at 80 and 90 cent, seem like no luck. let see how tomorrow play out. Gkent from 0.8 to 1.5, seriously stock market is really irrational...haha

some said in jaks forum got 2 groups, one condemn and curse, another group is praise and promote.

but i only see one group, all are interested in this stock and want to make profit from this stock. if the price drop to 80 or 70 cent, you will see those who advocate cut loss or sell start accumulate...lol at the end of that, all want to buy this stock, just that each of them has different risk appetite and different strategy.

@calvintaneng, so you thing you are savior, but as far as i know, your call is not 100% accurate, so what make you so confident that this time you are right, i am sure if this counter does turn sour to become 40 or 50 cent, you will say you are god of stock, but if the result is opposite what you have predicted, would you brave enough to admit you are wrong?

this article was made by assuming jaks going to burst and intent to freak out investor..why jaks create so many attention until this fellow spend his whole weekend writing few articles to condemn this counter, why dont spend your effort on counter you believe into?

if KYY stop selling and follow by another article, looking forward for a mild rebound on Monday and Tuesday....with the strong rebound yesterday, i believe it will trade around RM1 for some time....

@victory015, so you get in again?

1st round ended, the 1st hour, not as severe as i thought....

can not underestimate the fans of KYY, the resistance is quite strong, need to wait until second session to break 1.

celebrate kyy making huge loss??

Ang collecting on kyy weakness...haha

yes probably he was started bought at price 80cent, but he has also bought a lot to push up until 1.80, then he continue buy to sustain the price. so i guess he is making huge loss by selling at current price.

this counter really interesting, KYY still have 30% shares, what is his plan, he definitely know the implication once he selling news was announce. if he cant handle it, the 30% share might get margin call. more losses i guess he will buy back with lower price, 80-90 cent , then announce the buy back quickly follow by another blog.

but it won't impact the coming Q result, i believe current price has been factor in that 50 million loss, if there is a good news tomorrow, huat lo