Posted by crownford_bl > 2018-07-28 21:31 | Report Abuse

Finally someone has revealed the fact
The STORY behind - JAKS
Author: Keechia96 | Publish date: Sat, 28 Jul 2018, 06:16 PM

Posted by paperplane > 2018-07-28 22:25 | Report Abuse

Yes raider bro. I need to do more study first. Thinking what kind of risk they would have besides oil prices.

Posted by pengembaraalam > 2018-07-28 22:58 | Report Abuse

bawah 50sen baru beli meh

Posted by SarifahSelinder > 2018-07-29 22:32 | Report Abuse

Icon u x cakap pun klu bukan margin call forced selling ape reason price jatuh ape dia??

I pun suspect oso cos kyy cost x tinggi sgt pun

Posted by davidkkw79 > 2018-07-29 22:47 | Report Abuse

If KYY cost not high,then high possibility that TOMORROW KYY will sell immediately as much as he can.

Posted by 3iii > 2018-07-29 23:48 |

Post removed.Why?

Posted by 3iii > 2018-07-29 23:50 | Report Abuse

Interestingly, KYY asked other investors to support this counter recently. Sadly, he faced margin calls soon after when the price fell too low.

Posted by stockraider > 2018-07-30 11:28 | Report Abuse

Why need to fear Jaks loh ??

1. Jaks construction, we all know is lousy....bcos they have rm 50 million bank guarantee being called by Star....due to project delay.

2. Vietnam Power plant...Murphy Law

2.1 It suppose to look attractive but they are not generating power yet, the current profit on construction is book entry profit on shiok sendiri accounting entry loh...!!
2.2 Jaks says it has subcontract everything to its china jv partner...but does its partner pay any profit to jaks on the works ??
Answer No loh...!!
2.3. The china construction co quite cunning loh...just look at msia ECRL and Suria fibre....no need to do anything, already draw 70% on value of the project on progress paymment.
Some more all payment are settle in china....how sure r u jaks interest is really secure and protected leh ??
2.4. The vietnam and china govt has always have an uneasy relationship...what if the dispute escalate leh ??
2.5. People is looking at green energy and here u r...with a coal power plant project....what if the vietnam govt slap it with a carbon tax leh ????

3.0 KYY kena force sell....what if another teething problem.......jaks will fall below rm 0.40 loh....!!
Like warren buffet says, do not bet your farmhouse on this dubious project and inefficient management, it is very toxic loh....!!

Posted by stockraider > 2018-07-30 11:31 | Report Abuse

If u press down...n try to sapu....how to get more rights warrant...when u have less entitle share leh ???

So this theory hard to believe loh....!!

I think KYY need to selldown....bcos he cannot tahan anymore loh...!!

Posted by Icon8888 > Jul 30, 2018 11:24 AM | Report Abuse

my conspiracy theory is that he is pressing down share price so that he can sapu as much rights Warrants as possible. He has done that before in Gadang

=========

SarifahSelinder Icon u x cakap pun klu bukan margin call forced selling ape reason price jatuh ape dia??

I pun suspect oso cos kyy cost x tinggi sgt pun
29/07/2018 22:32

Posted by Tom > 2018-07-30 11:35 | Report Abuse

warrant is just a speculate tool, I rather choose buy mother share at lower price than get more right warrants

Posted by stockraider > Jul 30, 2018 11:31 AM | Report Abuse

If u press down...n try to sapu....how to get more rights warrant...when u have less entitle share leh ???

Posted by ctooi > 2018-07-30 12:01 | Report Abuse

must be joking Too Cheap To Be Ignored..what a title .nothing seems to be working for this company..Avoid

Posted by CharlesT > 2018-07-30 12:01 | Report Abuse

I believe he really want to exit

Posted by CharlesT > 2018-07-30 12:13 | Report Abuse

One thing I dont understand...

How would a sane investor put in more than one hundred million RM to acquire more than 30% of a certain Co without having some consensus with the Boss....

In the earlier export co he invested like Hevea, Lii Hen (except Latitude) etc all later came out with corporate games like Bonus/Split/ Free warrant...maybe all due to his broker Ah Bee's hard work...

Posted by CharlesT > 2018-07-30 12:14 | Report Abuse

He never learn the painful lesson from XInquan not long ago??????

Posted by stockraider > 2018-07-30 12:16 | Report Abuse

Md ang is working with him mah....!!

Posted by CharlesT > Jul 30, 2018 12:13 PM | Report Abuse

One thing I dont understand...

How would a sane investor put in more than one hundred million RM to acquire more than 30% of a certain Co without having some consensus with the Boss....

In the earlier export co he invested like Hevea, Lii Hen (except Latitude) etc all later came out with corporate games like Bonus/Split/ Free warrant...maybe all due to his broker Ah Bee's hard work...

Posted by paperplane > 2018-07-30 12:23 | Report Abuse

xingquan is an obvious scam...read longtop financial cases in NYSE see, almost similar....

Posted by KLCI King > 2018-07-30 15:58 | Report Abuse

Icon asking people to buy while KYY was crazily disposing???

KYY kept asking people to buy & now change his position in less than 2 months!!!

Why now ICON8888 asking people buy? Icon's stock recommendation since 2017 until now are very weird, mostly all DEAD, just be more cautious!

(13 Jun 2018) JAKS: KYY's Proposal to Raise Funds - Koon Yew Yin
https://klse.i3investor.com/blogs/koonyewyinblog/161270.jsp

Posted by abang_misai > 2018-08-18 15:43 | Report Abuse

Agreed! Too cheap to ignore

Posted by stockraider > 2018-08-18 17:53 | Report Abuse

It is agreed it is a dead duck already mah....!!

Posted by hollandking > 2018-08-18 17:55 | Report Abuse

but can dead duck be used for something?

Posted by abang_misai > 2018-08-18 19:07 | Report Abuse

Terus goal

Posted by Invest_Sensibly > 2018-08-18 22:32 | Report Abuse

Icon8888 sifu, can buy more Jaks?

Posted by Lukesharewalker > 2018-08-20 03:20 | Report Abuse

idiot bought at circa 1.1 still listen to him?

Posted by unorthodox > 2018-08-20 04:02 | Report Abuse

Too cheap to be ignored? Jaks is a falling knife! A long way down before hitting the bottom!
Folks, stay clear!!

Posted by i3lurker > 2018-12-06 18:33 | Report Abuse

MAJOR COCK UP NOW

COCK UP MAJOR NOW

NOW MAJOR COCK UP

COCK MAJOR UP NOW

UP COCK MAJOR NOW

///////Barring a major cock up of the Vietnam project, you are likely to make money from your investment over the next 6 to 12 months./////

Posted by Alex™ > 2018-12-06 18:37 | Report Abuse

'The stock is now trading at significant discount to its intrinsic value,'...

haha....actually a lot of stocks are way below its intrinsic value, especially in market situation now....