this nut case keeps selling his warrants

wickedlion seems not to understand English must be a mixed breed

let then collect and sink over time ..seen this movie before

Ijm is in the driver’s seat .

ijm sells its stake in ijm plantation ?

The very source of numbers provided by Serba itself is in doubt as the earlier audits were weak. Auditors ought to look at accounts with a cynical eye ( as called out by the select committee on Carillion fiasco in the UK). Some companies pull wool over our eyes often enough the world over.

With Serba, just the appearance at the strike rate of its aggressive procurement itself seems a bit daunting. I might as well believe pigs fly.

Pretty convoluted KPMG - Serbadak exchange. Projects are straight forward; it takes a 1000 lies to cover a lie...just my impression

2 over billion shares on 9 th ..huge supply overhang has to be worked off

6 billion confetti

bonus warrants issued

it is another Ramunia

so there welldone

Anson I am complimenting you mate...I sold after reading your criticism...and its Karim's house of cards and 40 theives..

His house of cards with his 40 thieves

Anson, thanks for being the super sleuth....kudos...some of us who heard you sold Kpower and ran for the hills

Mutakim and Karim were both part of OHP which then sold out to Kpower. They go back a long way with overseas jobs in Nepal, Laos and other far flung places etc. I hope for shareholders in Kpower ( me being one of them ) Mustakim is a honest bloke but won't hold my breath.

But guys let us stop creating fear of a dump. There are some who may lose their life savings

Anson called it right

similar modus operandi both turnover and receivables have stupendous growth...red flag..I was silly enough to think this was typical of govt contracts. LOl cut loss

every auditor should look at accounts with a skeptical lens; rarely happens world over. Same issues in Europe

gameover; all his and related companies have meteoric growth in turnover and receivables... I should have known better ..cut loss

goreng-kaki is as interesting as r88

yes,that would be the right thing to do piranha88

Pattern of stonking increase in receivables in all his companies...red flag...
Mr Midas has been found out

market seems to want to price Kpower on PE 15 as most of its work appears to be from construction. But with its quickly expanding order book it should rerate subject to these odd directors holding off selling the warrants

lol

Riaz and gcke, spot on

but projects mostly with public authorities, lower risk of bad debt

Hi Anson my brethren, why are you here then if you have sold out.

USD 122 mil is a smallish project. I suspect the qtr result would trigger a rerating

Guys the only way to instill confidene is if mgmt stops selling the warrants which they have sold anyhwere between 50 and 70 sen. Karim has another 12 mil and Mustakim 15 mil. What a vote of confidence. You dont get that behaviour from good companies.

bunch of jokers that don't inspire investors

Directors are busy selling warrants so what hope is there of the parent if the warrants reflect future of the group.. Disgraceful management

no growth ..stale in approach and lacks entreprenuership

some info here are by amateurs

agreed, than you should do it yourself

IJM is a professionally run company and if it is infected with a second rate empire builder it would turn itelf into a second rate virally infected company ..... best thing is to get into an arrangement where IJM can benefit as a contractor and not have Ekovest mob into IJM. Have a JV subsidiary and leave it as that.

oh no. IWH is interested in IJM. not again. Ekovest boss man is a second rate empire builder just like Vincent Tan. These fellows have cross holdings Kamasutra style. IJM would be foolish to let this happen as it has paid the first price with Roadbuilder another crap set up as far as I am concerned

some characters are so good at predictions wonder why they are here as they should have made their millions already with their insighful prophecy...truth be said most are humbug

censof is a buy.with microsoft in as a partner watch it take it take off. a huge partner lifts all boats

oh boy, if you are losing on glove counters in your initial foray, set a target price on the way up to exit.

consultant auditor. bull shit artist where is here...all those who thought he was godsend oh boy

rr88 adds spice to the market

maybe in years to come

lol

if the share issuance was just for silterra
it would be brilliant. but it has been for all and sundry

silterra is good by itself. dnex has drowned itself with share issuance like no tomorrow it would make decent eps hard to achieve.

apologies Edge.

true leestar

UOB kay hian has 88 sen for the balance of the first PP and 78 sen for the new proposed PP. at 10% and 20% disc on 98sen. respectively. Indicative prices they maybe but i suspect much hyped in their assumptions. those looking at Dnex with rose tinted glasses pls get them changed. it is becoming a nothingburger conglomerate , silterra akin to a torchlight in a dark room.

The jury is out in this one. The earlier PP placement sold at penny prices was largely used to lease a plough for the submarine cabling. a whopping RM118 million with some even issued after impending award of silterra. what a waste. The future 891 milllion shares of which only 32% would be for Silterra purchase and the bal 68% for Ping and whatever else. Dnex is throwing around share like confetti and not focussed. Silterra is just a small cog in Dnex’s wheel which has been diluted like as if it is going out of fashion. cannot command a high so PE.