Posted by Gotyou > 2023-06-14 19:55 | Report Abuse

I think Jaks management should clarify on the source of funding for the 10% optional interest in JPP.

Posted by It's Compounding > 2023-06-16 16:56 | Report Abuse

Thanks Gotyou, really appreciate your effort to explain in depth the cash situation of Jaks.

Posted by Gotyou > 2023-06-16 17:31 | Report Abuse

It's Compounding, you're welcome. Jaks cash management is very poor thus had to carry out multiple equity funding raising exercises. This is detrimental to minority shareholders having their shareholding diluted many rounds. Jaks' share price has fallen to less than RM0.20, another round of large equity rights issue will likely halves the market price.

Posted by soon9913 > 2023-06-18 00:09 | Report Abuse

dont overthink
attend the AGM next week to find out

Posted by soon9913 > 2023-06-18 00:09 | Report Abuse

let the mgt explain

Posted by hng33 > 2023-06-20 22:39 | Report Abuse

Gotyou

Thanks for your detail figure particular on information related to power plant financial report and possible right call due to detail in restricted on retain earning which make jaks insufficient to subcribe 10% stake. I have tried many time to cut at 19sen, but ended cut all at 18.5sen to free up capital

Posted by SarifahSelinder > 2023-06-23 09:57 | Report Abuse

Apa speculation u on what are in the other current assets 760k?

U ada anything on how fast EVN is suppose to pay JPP? 1 2 3 4 5 bulan?

Oso ada ka EVN has been paying JPP tepat pada masa nya mengikut tempoh?