I am trapped as well, but I do not blame anyone, as we shall trade at our own risk... No right to blame ppls after this... Think twice, if today the scenarios change.... What would be your reaction?
agree with u @newbird.then,why shud believe other?not do ur own study ka?trade at ur own risk.i also buy based on moneykj but i manage to sell it bfore it going down..do ur own study lor then u know when to enter or out.and stop blame other.
Anyway I still hold it, as Johan is not a company without base, fundamentally it's still could be a counter to hold, depends what is your holding power.... If today you want to compare with those top 10 trading counter if can't fight for sure.... Again I do not blame anyone... Rmb to trade at our own risk...
It is a problem for both side. I pity people who simply listen to others and make buy decision, end up losing their hard-earned money, but serve them right to think share market is so simple and lazy to do their own research.
However, I hate also irresponsible people like moneykj simply do irresponsible spreading with no actual facts and figures. Mislead those newbies who have no experience and went to believe him.
long time no come here!! now 0nly 0.26!!!? jus couldnt believe it!!! my last entry 0.315 n sold @ 0.325!!!!! best of lucj who are still here!!! me? dare not touch again!!!! kikikikiki
Apparently, with Prestige tile's factory winding down operations by next month end in Puchong South, releasing a 16 acre prime industrial land, Johan is set to embark on new inroads to developing the land easily worth 59.4 million based on valuation of outright land sales, not considering development returns. Can consider to bargain hunt now that share price is low. NTA still intact and may be higher if this land is revalued.
A wholly-owned subsidiary, Johan Properties Sdn Bhd ("JPSB") had on 25 July 1996 filed a suit against five (5) Defendants for wrongful repudiation or breach of a contract in relation to a land held under Lot 289, Section 57, Bandar Kuala Lumpur. JPSB's statement of claim was for (i) return of the deposit sum of RM1,700,000; (ii) special damages amounting to RM4,300,000 (iii) general damages; and (iv) interest and costs.
On 3 May 2016, the Federal Court refused the Defendants' application for leave to appeal, citing no merits in the application. Costs of RM20,000 was awarded to JPSB. With this decision, the litigation concluded.
As at 31 July 2016, the judgement sum, special damages, costs and accrued interest to date to be recovered from the Defendants is approximately RM13 million.
JPSB had on 29 August 2016 registered a fresh Prohibitory Order on the land held under Lot 289 with the Land Office. On 20 September 2016, JPSB filed a writ of seizure and sale of Lot 289 for recovery of the outstanding judgement sum, cost and accrued interest due from the Defendants. On 23 January 2017, the Registrar allowed JPSB’s application for leave to issue a Writ of Seizure and Sale and extended the Prohibitory Order on Lot 289. JPSB had on 4 April 2017 filed the Notice of Sale together with a Valuation Report dated 20 February 2017 valuing Lot 289 at RM53,725,000 as required by the Registrar. The auction date for Lot 289 has been fixed by the High Court on 2 October 2017.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Adventure
46 posts
Posted by Adventure > 2017-09-26 17:29 | Report Abuse
Result released!