3 people like this.

19 comment(s). Last comment by BenPg 2019-01-16 20:05

apolloang

18,163 posts

Posted by apolloang > 2018-12-19 12:22 | Report Abuse

najib time can lah 1.00,now LGE stingy type.....no lah

Posted by Airline Bobby > 2018-12-19 12:33 | Report Abuse

U 2 years too late la

Icon8888

18,659 posts

Posted by Icon8888 > 2018-12-19 12:54 | Report Abuse

I press "Like"

if this forum allows 100 times Like, I would have pressed it 100 times

Alex™

12,594 posts

Posted by Alex™ > 2018-12-19 12:55 | Report Abuse

Andy~~~~

rogers123

4,018 posts

Posted by rogers123 > 2018-12-20 01:27 | Report Abuse

So funny!

hng33

20,488 posts

Posted by hng33 > 2018-12-20 09:57 | Report Abuse

qqq3, Well said! Double or even triple upside next year.

CharlesT

14,945 posts

Posted by CharlesT > 2018-12-20 09:59 | Report Abuse

Make sure can survive thru this 2 years first b4 u dream too far

3iii

13,174 posts

Posted by 3iii > 2018-12-20 11:16 | Report Abuse

Jaks is in a difficult situation.
It has a lot on its plate.
Its core businesses and finances are weak today.
Its saviour will be successful project of the IPP in Vietnam.


As an investor, you will wish to choose to jump over a 1 foot hurdle than a 7 feet hurdle.

stockraider

31,556 posts

Posted by stockraider > 2018-12-20 11:29 | Report Abuse

In a way conman 3iii is talking sense with integrity here loh...!!

Posted by 3iii > Dec 20, 2018 11:16 AM | Report Abuse

Jaks is in a difficult situation.
It has a lot on its plate.
Its core businesses and finances are weak today.
Its saviour will be successful project of the IPP in Vietnam.


As an investor, you will wish to choose to jump over a 1 foot hurdle than a 7 feet hurdle.

qqq3

13,202 posts

Posted by qqq3 > 2018-12-20 11:37 | Report Abuse

3iii
As an investor, you will wish to choose to jump over a 1 foot hurdle than a 7 feet hurdle.
=========

beware of appearances....what appears safe and 1 foot hurdle can be some thing else...and at best 1 foot rewards only.

qqq3

13,202 posts

Posted by qqq3 > 2018-12-20 11:39 | Report Abuse

Jaks can drop to 40 and its warrant stay at 20 also can....

Zhuge_Liang

2,420 posts

Posted by Zhuge_Liang > 2018-12-20 11:39 | Report Abuse

Will continue to lose money until 2020 before completion of Vietnam Power plant.
No cash flow for next 2 years.

Can Vietnam Power Plant complete in time ?
Do you think it is better to wait until Vietnam Power Plant is completed before you invest ?
Invest in stock market, there is no if but must be sure.

Please note that all old projects in Malaysia secured by Jaks, if I am not mistaken all lost money.

pussycats

7,640 posts

Posted by pussycats > 2018-12-20 12:45 | Report Abuse

Make money now, if u can, don't wait for 2020 lah.

dusti

2,404 posts

Posted by dusti > 2018-12-20 16:55 | Report Abuse

If investors stand back the share will continue to slide. Then make your move. There is no sifu here .

i3lurker

14,363 posts

Posted by i3lurker > 2018-12-20 20:07 | Report Abuse

its a long wait

it will be a long winter

DK66

4,269 posts

Posted by DK66 > 2018-12-20 20:49 | Report Abuse

It was the surprise Q3 loss results that caused the selling and the severe under subscription of warrants. The bright side is less dilution from (33% to 15%) for both mother and warrants.

The losses was due to unusually slow progress billing of the vietnam EPC contract.

Jaks' CFO stated that the power plant was 41% completed as at October but Jaks only recognised about 31% completion until Sept. Assuming no progress in Nov and Dec, Jaks may recognise 10% work done which means potential of RM45m profit from vietnam EPC in Q4 2018.

Public investment has indicated that profit recognition of vietnam EPC contract will follow "S" curve. Hence, there will be faster profit recognition hereon as the construction of power plant enters into equipment installation phases. The power plant will be substantially completed by end 2019 as it advances into synchronization and performance testing before it starts to generate electricity by mid 2020.

Q4 2018 will mark the turnaround in results. The results will be announced before end feb 2019, and it will mark the end of winter for Jaks.

supersaiyan3

3,134 posts

Posted by supersaiyan3 > 2018-12-21 03:36 | Report Abuse

There goes qqq3 and icon8888.... lol

hollandking

3,694 posts

Posted by hollandking > 2018-12-21 11:25 | Report Abuse

wait for the game breaker, ALP margin call

BenPg

212 posts

Posted by BenPg > 2019-01-16 20:05 | Report Abuse

Latest news .....Jaks has released 50 millions to Star . The dispute is finally settled. The worst is over.

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