Posted by Aseng > 2021-10-12 14:27 | Report Abuse

Why I am so confident what I am doing is right ?

1. The power plant is real and had already started operation . From today onwards you will see Jaks will never report a negative income any more .

2. The company is moving in the right . The future expansion into solar , hydro and LNG energy is timely and a right investment choice.. This will contribute another consistent income and further strengthening of the strong recurring income of the company

3. Disposal or bringing to a halt of the loss making domestic business is ongoing.
any good news , anytime from now or after the lock down recovery , will serve as a strong catalyst to push the shares price sky high

Aren't these not good enough reasons to boost my confident . And this confidence is not built on sand but supported by valid reasons.

shares trading is a game of confidence .but the confidence must be derived from facts and data

confidence is the key to success

if a Christian has no faith in Jesus , do you think he can meet Jesus in the heaven

if we have no faith in what we believe is true , can we enjoy the big fruit

yes... we can have better choice . who will guarantee your choice is profitable other than your lucks ?

people also talk about opportunity cost .
but the question is what is your opportunities ?
who guarantee your opportunity is profitable ?
no one can provide you an answer.
it is lucks because it is not guaranteed by fact and data !!!!

Posted by Aseng > 2021-10-12 14:48 | Report Abuse

what is my exit plan ?

i am prepared and willing to hold for 2 years or my exit TP RM1.50 is met , whichever come first

reason

1. I must be responsible for my own hard earned money. I must provide a reasonable length of time for it to work for me

2. power plant income is predictable .
under such circumstance DCF valuation is the best and the most appropriate methodology to derive the fair value of the company .
DK , who is an accountant and also an expert in power had done or us .
we know Jaks domestic business is losing money and it will drag on for sometime due to covid lockdown . so in his calculation of NPV he included a 5 years provision of RM 30M per year for the domestic loss and derived at a value of RM1.50

Now the lockdown is removed
more than 80% of the people are vaccinated

apakah maksudnya ?

3 words

KALI INI LAH.......

Posted by Surge > 2021-10-12 15:09 | Report Abuse

Awesome, Captain Aseng

Posted by harmie > 2021-10-12 16:45 | Report Abuse

thank you Ahseng

Posted by Bgt 9963 > 2021-10-12 16:48 | Report Abuse

Still a long way to harvest....!

Posted by WilburR2 > 2021-10-12 16:59 | Report Abuse

like the battle of stalingrad

Posted by cicakman > 2021-10-12 17:18 | Report Abuse

Just started and still got plenty of room for everbody.
Just invest at the right counters and at the right time.

Posted by mita29 > 2021-10-12 17:22 | Report Abuse

la la la la la la la la .... (you sing song when you happy)

Posted by ccpondan > 2021-10-12 18:10 | Report Abuse

tomorrow back to 0.46 la , no hope

Posted by Davidl > 2021-10-12 18:39 | Report Abuse

Last call to get it at price below 50cts.

Posted by clez91 > 2021-10-12 20:04 | Report Abuse

my man Aseng has proved naysayers wrong yet again

walk tall my friend, walk tall.

TQ for the gains today, I may or may not follow your exit plan, I've earned regardless, and we have you to thank for.

Posted by BursaRangers > 2021-10-12 21:04 | Report Abuse

https://klse.i3investor.com/blogs/BursaRangersTechnicalPicks/2021-10-12-story-h1592027000-BursaRangers_Daily_Technical_Picks_13_October_2021.jsp

Posted by drken91 > 2021-10-12 21:49 | Report Abuse

should call this stock, JAKSeng resources bhd.
what a superb investor..

Posted by GENER > 2021-10-12 22:49 | Report Abuse

给阿Seng一个大赞

Posted by Surge > 2021-10-13 09:53 | Report Abuse

Tug of war is still on, but surely the truth will prevail

Posted by Bgt 9963 > 2021-10-13 09:56 | Report Abuse

1 day show only....

Posted by Gohgal > 2021-10-13 11:02 | Report Abuse

jak ass again

Posted by Aseng > 2021-10-13 12:18 | Report Abuse

Stock: [JAKS]: JAKS RESOURCES BHD

Oct 5, 2021 12:36 PM | Report Abuse

tell you earlier ,

when the price goes back 0.47 latest next week

my kopi-o money already in the pocket

while walking on the 2 years or 1.50 journey

what about you ?

.....................................

I am moving in the right direction

What about you

Posted by Aseng > 2021-10-13 12:22 | Report Abuse

I am enjoying the beautiful music ,

What about you ?


https://youtu.be/xeCdGCWAGIg

Posted by Aseng > 2021-10-13 12:25 | Report Abuse

I believe money is made in the waiting

I believe my luck but I don't depend on it

What about you ?

Posted by Aseng > 2021-10-13 12:40 | Report Abuse

金易得，明師難求。
提士千萬，好股難遇。

今已皆有，夫復何求。

Posted by Surge > 2021-10-13 12:47 | Report Abuse

谢谢Aseng 明师指点，我也相信这Jaks是一个可宠大潛在力.

Posted by Rateofreturn75 > 2021-10-13 13:17 | Report Abuse

Jaks has business in Vietnam and impacted by the Vietnam lockdown last 2 weeks. But today Gov in Vietnam just announced allowed the business to be back. I think Jaks should also benefit from the news. Hope to see the price back to the level before 0.60-0.70 at least for this counter.

Posted by Aseng > 2021-10-13 14:13 | Report Abuse

most people fail in his investment
because he see his investment never grow everyday

A durian planter is always the richest man in the town
because he believes
when I planted a seed today ,
I will be rich 7 years later .

why such a different ?
because the former has no more money to buy food for tomorrow
the later has extra money to buy food for 7 years

see the way they shout
see the way they tell their stories
see the way the scold Aseng

you know .

diam-diam know
do not need to argue with them

Posted by Aseng > 2021-10-13 14:22 | Report Abuse

some may want to ask Aseng a question

is there anyway to get the fruit faster ?

yes ,

plant Pisang , don't plant durian

but

you still got to wait for 4 to 6 months

Posted by Aseng > 2021-10-13 14:40 | Report Abuse

then why Aseng exit plan is 2 years OR exit TP RM1.50 ,whichever is earlier ?

because

now it is the tussle between the (strong retailers) and (the short sellers + some retailers who can't wait longer) .

the retailers can not create much wonder to the stock price
it is the Banker who can make the price shoot to the sky


I do not know when the Banker will come in
Burt
I know they will come .

that is why I say 2 years
who knows
if I am lucky , may be half a year I may have already achieved my TP RM1.50 ,


my dream

I will convert all my win into RM100 notes
all new note (covid punya pasal)
I know
I will be very excite for the first few day after the victory
difficult to sleep ,
then I will take out my RM100 notes
count one bye one
1,2,3,........
then fall asleep
happy happy everyday thereafter


the end .

Posted by Aseng > 2021-10-13 14:46 | Report Abuse

..............................................................................................................................................................
千金易得，明師難求。
贴士千萬，好股難遇
今已皆有，夫復何求

Posted by Aseng > 2021-10-13 14:51 | Report Abuse

Thousand gold is easy to get,
but a master is hard to find.
There are millions of tips everyday,
but good stocks are hard to come by
It’s all here now,
so what more to ask ?

Posted by Aseng > 2021-10-13 15:09 | Report Abuse

Posted by Aseng > Oct 13, 2021 12:18 PM | Report Abuse X

Stock: [JAKS]: JAKS RESOURCES BHD

Oct 5, 2021 12:36 PM | Report Abuse

tell you earlier ,

when the price goes back 0.47 latest next week

my kopi-o money already in the pocket

while walking on the 2 years or 1.50 journey

what about you ?

Posted by Aseng > 2021-10-13 17:00 | Report Abuse

Posted by Rateofreturn75 > Oct 13, 2021 1:17 PM | Report Abuse

Jaks has business in Vietnam and impacted by the Vietnam lockdown last 2 weeks. But today Gov in Vietnam just announced allowed the business to be back. I think Jaks should also benefit from the news. Hope to see the price back to the level before 0.60-0.70 at least for this counter.

....................

whether it is covid lockdown or recession people still need energy to survive
Jaks is a recession or lockdown proof stock
the profit from the power plant is guaranteed by the Vietnamese government
the profit is predictable and recurring
A smart businessman will not let this strong financial edge to sit idle
it is a good source of capital for the company future expansion to generate more earning

that is why you see the announcements and the news the company is venturing into solar , hydro and LNG businesses .
this will further strengthen the strong recurring income of the company beside improving its rating in ESG grading .

may be you still do not understand what I am trying to convey to you .

put it in the layman language

if you have a friend working in the bank ,
ask him/her the question.
who is easier to get a personal loan ?
a government servant or a self-employed ?"

Posted by Aseng > 2021-10-13 17:14 | Report Abuse

if it is that good , why the share price drop 1 cent today ?

reasons:


1. our only enemy is short selling
2. the opponent of the short seller is retailer
3. our knowledge effort had opened the eyes of many retailers in i3
4. the short seller quiet desperate to recover their losing game

That is why we do not see
the price limit up a few times
and
the price limit down a few times

this is my 1 cent up and down story
hope it sounds reasonable to you

Posted by Aseng > 2021-10-13 17:37 | Report Abuse

another question you may ask me .
I might as well answer it now before I go for jogging

" when is the Banker coming ?"

My answer:
if I tell I know that, then I must be "tua-peh-gong" (Tuhan)

my best answer :
I do not know
but
I know they will come
very confident they will come
they will certainly come

your problem :
you do not believe
you can't wait
you want something like I tell you today and he see them in the market tomorrow
you believe what the snake oil sifu said more than what Aseng said .

conclusion :

follow what what a wise man said , you will never go wrong
follow a rich man do, you will not be poor

But we do not know who is wise or rich
then follow what Chalie Munger said:
" plant a durian seed today and you will be a rich man 7 years later"
(pasar malam language)

Posted by swimvshark > 2021-10-13 17:42 | Report Abuse

1sen is very reasonable retrace...tmr high chance will go up.no big deal.

Posted by Keep Going > 2021-10-13 20:49 | Report Abuse

Very well said. Thanks you Aseng.

Posted by serbatipu > 2021-10-13 22:19 | Report Abuse

Write so long also useless, actually it depend on market sentiment to push up the price.

Posted by GroundZeroIV > 2021-10-14 09:19 | Report Abuse

what happened to otb's miss universe?

Posted by firehawk > 2021-10-14 10:13 | Report Abuse

serbatipu Write so long also useless, actually it depend on market sentiment to push up the price.
13/10/2021 10:19 PM
------------------------------------------------------------------

At least some people brave to tell the truth :D

Posted by firehawk > 2021-10-14 10:16 | Report Abuse

in the midst of everyone is immersed in myth :-)

Posted by IronShirt > 2021-10-14 10:32 | Report Abuse

maybe aseng aka OTB

Posted by Aseng > 2021-10-14 10:37 | Report Abuse

Price and knowledge are 2 different things
Price is determined by the hot money flowing in or flowing out
Knowledge tells you what is a good buy and helps you to make a right trading decision which has a better chance if success.
Put it simple , if I do not educate you , then how do you know ABC.
Why the price does not limit up after I had talked so much ?
Why the price did not drop further even though there is short selling ?
The scene is not difficult to read .
It is only the retailers like you and me are fighting with the short sellers.
Both about equal strength
So it will take a longer time who will survive at the end
Short seller can not survive long if the retailers do not survive half way because they are selling on borrowed shared which they can not borrow forever. They got to buy back now and then to reduce their financial cost
Certainly there is a time they will quit the game . Then you will witness a dramatic switch of the scene everyone here who are still survive will cheer for their victory. I hope you are waiting patiently together with Aseng for that moment to arrive.
2 years or exit TP 1.50
But who know may be half a year it is done if we are lucky .
So please do not turn your luck away to say evil or do evil that will invite bad karma.
God bless.

Posted by swimvshark > 2021-10-14 10:45 | Report Abuse

i plan on mid term 0.6 i am out. and buy other. rm1.5 can reach if you aim 2 yrs...

Posted by Aseng > 2021-10-14 10:49 | Report Abuse

Why should you scold Aseng ?
It doesn't make you look a better person
In fact you had created bad karma that bring bad luck
Why should you blame Aseng who helps you to buy a good stock at a cheap price.
We are here to make money also to make ourselves a better person
If you believe in universal laws of karma, do you think your money is safe after you has said or done so many evil knowingly or unknowingly.

Posted by Aseng > 2021-10-14 11:00 | Report Abuse

I am not kyy who will promise you limit up tomorrow
I am not kyy who will tell you to borrow money to buy more at a higher price .

I told you my exit plan with nothing to hide

I told you to buy at 44 to earn a cup of coffee while waiting for whisky at 1.50

Did you follow my advice ?

You did not
Why?
Because you believe KYY who speaks better English.

Posted by Aseng > 2021-10-14 11:10 | Report Abuse

swimvshark // i plan on mid term 0.6 i am out. and buy other. rm1.5 can reach if you aim 2 yrs.

I am very happy to hear that
You are not a believer of Jaks but you still agree jaks is a good buy

I believe when jaks hits the price 0.60 , you will find no other better stock to buy .

Posted by Aseng > 2021-10-14 11:13 | Report Abuse

Why?

Because you also agree and believe it will go to 1.50

Posted by Aseng > 2021-10-14 11:17 | Report Abuse

If you are an experienced investor , then you know what I am saying is trading psychology.

If you are young , then you think what ii am saying is to prove who is right or wrong.

Posted by Aseng > 2021-10-14 11:19 | Report Abuse

If you are xxxxx, then you do not know what I am talking about .

Posted by IronShirt > 2021-10-14 16:05 | Report Abuse

Bankers RSS position looks like Jaks is going Down another 50%...So bearish must have a
reason....I believe it is strongly related to Vietnam Power Plant

Posted by IronShirt > 2021-10-14 16:12 | Report Abuse

As a standard, RSS position increases when price surge ( if Bankers are bearish on the stock)..
Now RSS position increases as Jaks price is falling?????????

Posted by firehawk > 2021-10-14 16:17 | Report Abuse

Hiap Tek is sizzling hot after grand master and master promote the stock .... many investors thank and appreciate their masters effort ......