So far did you provide any strong evidence that jaks is not a good buy ? We like to know more opposite view about the power plant , not you grandmother story to tell us who make more who make less ? Is this the way you live your life ?
Calvin is indeed a good Christian. His contribution in i3 is undeniable I like to read his stories too He is a true gentleman When I prove him wrong about the impact of coal price on the profit, he never try to protect himself to distort the truth.
1. you have no shame You have no hesitation to say in the public the black is white . 2. You have a small heart When you do not like Aseng , no way you can accept whatever aseng said . Even though it is a truth . 3. You do not know how to protect yourself More you said more damage you had made to yourself . If jaks is not your cup of tea , why waste your time here . Moreover you did not have the fact and data to prove it wrong now. Let the share price and the company result tell the truth . Aseng said 2 years , Can't you live longer to see whether he have made 200% or not . Is it such a heart breaking pain for if more and more people believe what Aseng said.
what wrong I share with you my investment philosophy?
1. only invest in the business that you you are best informed 2. give some time for the business to validate the our calculation. 2 years is a good reasonable span of time for the business to exhibit its normalized earning and also for the management to prove to us that they have the capability to lead the company and create more value for the share holders.
based on the above philosophy
what wrong if I tell you "to buy and forget"
recycle for the benefit of the new readers who had missed my stories due to disturbance from Firehawk
what is the advantage of the strategy " buy and forget " ?
1. if you buy and forget , the first thing you do when you wake up in the morning is to find a friend in the forum to talk .
2. daily price fluctuation will not spoil your days of happy living
3. everyday you are living with a beautiful dream of the good days that will come with a big gain of not less than 200% 2 years later .if you are lucky ,your dream of the beautiful days may come true less than 2 years , may be half a year, who know?
firehawk is good example of a spoiled investment life
1. every morning when he wakes up from sleep , the first thing he does is to look at the price , whether it is up or down . up 1 cent today down 2 cent tomorrow is not uncommon in the market nowadays . under such stressful condition , how can he know the taste of his cup of coffee
2. he like to guess and unfortunately every time he guess , almost every time he is wrong .
he guess when he can not make money in Jaks , no other man can make what sort of mentality is this ? I called it poor man mentality.
For your information, i believe most of the member in our group who bought jaks before RI did not lose money because the right issue is only 22 cent plus free warrant . it is 8:5 + 4 free, i believe most of the members like me must have sold all the warrant and keep the mother share when the warrant was traded above 50 cent. we made a loud call to protect our profit in the group during the time . if there is still a paper loss for some of them , then it must be a negligible amount . My members are here to read my message . I can not tell lie
1. The power plant is real It had started contributing income to the company From today onwards you will never see Jaks reporting a negative income any more . Based on the calculation done by DK , the fair value is RM1.50, derived after the conversion of all the warrants plus a 30M per year for domestic business loss for a period of 5 years so it is a right decision for me to do nothing but enjoy my days talking to my good friends here for 2 years and expected to make a return of not less than 300%
2. The company is moving in the right direction . 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. more important it is a very strong catalyst for the rerating of the current ESG score
3. based on the management guidance , disposal or discontinuation 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
4. Is fund raising no good ?
it depends whether it is value accretive or value destructive . if your biased common sense is true , the IPO is the biggest value destructive and we have no good share to buy .
5. IS COMMON SENSE A TRUE KNOWLEDGE ?
Then recent speculation on the rising coal is a good example
THE FOLLOWING IS THE MANAGEMENT REPLY OF OUR QUERRY.
KUALA LUMPUR (Oct 11): JAKS Resources Bhd has given investors assurance that the recent fluctuations in coal prices will not impact the group’s profit generated from one of its power plants in Vietnam.
This is because coal prices for JAKS Hai Duong Power Plant in Vietnam are passed through to the off-taker, Vietnam Electricity, said JAKS chief executive officer Andy Ang Lam Poah in a statement on Monday.
“The coal supplied to the power plant is entirely sourced locally, via the coal supply arrangement signed with Vietnam National Coal-Mineral Industries Group, commonly known as Vinacomin, to ensure a stable supply of coal for 25 years. In light of this, JAKS is not exposed to the risk on the global coal price fluctuations,” he said.
Aren't these not good enough reasons to boost my confident . And this confidence is not built on sand but supported by valid facts.
shares trading is a game of confidence but when the confidence must be derived from facts and data then success is just a matter of time so waiting is the only strateg
ANCOM..................1.82..............1.94............2.30..............2.56............2.57 INARI......................3.78..............3.66............3.70..............3.78............3.89 SURIA....................1.22..............1.28............1.28.............1.25............1.25 UNITED U-LI..........1.59..............1.51............1.56.............1.5
see it yourselves , these are the best technical with good fundamental stocks that i had chosen and put it to a test the market shared publicly in our chat group.
the success of achieving a significant gain is just 25% so far .
whether we make a switch or no switch , we have the same disappointment and frustration if we are too anxious to gain .
conclusion : stay where you are still the best choice with some extra money to try your lucks is still the best choice
Sslee I am a little bit worry for Aseng closed mindedness. The effect of cult mentality if you only chose to listen to what you like to hear and from whom you idolize.
Any way I wish Aseng best of luck and we shall know how JHDP performed when Jaks published it next year annual report.
Time will tell but time will not heal only forgiveness will heal all time. ----------------------------------------------------
You fail in your investment because you do not have a direction
The way Aseng invest in Jak The way Sslee invest in insas Are good examples
They know what they are doing They believe what they are doing is right They also know sometime we got to wait longer , sometime we do not need to wait longer to see the handsome return Price can go up today but also can go down tomorrow
That is why they never scold anyone or the market .
You are not qualify to scold me because you did not tell me you are my follower .
You are committing a sin that will bring you bad lucks and lose more money later .
become [turn] angry from embarrassment; extreme shame turns into anger. fly into a rage out of humiliation; fly into a rage with [from] shame; fly into a shameful rage; lose one's temper from embarrassment; so ashamed that one is incited to anger; the shamed person flew into a rage.; turn shame into anger
Firehawk, Which one ismore appropriate for current position
With standard of good gentlemanhood you had exhibited thus far, I doubt anyone here dare to put his name together with you . May be garychee8 can be your good friend . Both of you smell the same . As you said, fart a lot...stinky
we witnessed the whole process. a self proclaimed sifu turned into a fake sifu and finally become a fishwoman.
Firehawk, do you know what is fishwoman ?
according to web dictionary , it is explained as followed "a woman hysterically shouting and cursing in public; (like) a sharp-tongued woman cursing loudly in public; bark out a string of dirty words; like a shrew shouting abuse in the street"
ANCOM..................1.82..............1.94............2.30..............2.56............2.57 INARI......................3.78..............3.66............3.70..............3.78............3.89 SURIA....................1.22..............1.28............1.28.............1.25............1.25 UNITED U-LI..........1.59..............1.51............1.56.............1.5
see it yourselves , these are the stocks that i had chosen based on my chart reading skill and put it to a test in the market, and it is shared publicly in our chat group.
the success of achieving a significant gain is just 25% so far .
the purpose of this test is to determine whether it is good to switch other stocks when jaks is showing a disappointing performance in the market .
conclusion : whether we make a switch or no switch , we will most probably have the same disappointment and frustration if we are too anxious to gain .
thanks for yr sharing ... I hv my own consideration on stocsk picking.
Back to JAKS, now price depressed is bcos now is the PP price-fixing period .... those familiar with PP price fixing phenomenon understand what I say and know roughly about how the price is going to trend .....
PP qty and issued price is the event to take note....
Firehawk..no point arguing with this old crap..he is the greatest trader here..everyone is wrong except him..but i wonder who got trap in Jaksai????? sudah lah, berambus fr this forum and i am sure jaksai will fly...
an unrealistic feeling of general inadequacy caused by actual or supposed inferiority in one sphere, sometimes marked by aggressive behaviour in compensation.
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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....
Aseng
8,633 posts
Posted by Aseng > 2021-11-02 10:10 | Report Abuse
So far did you provide any strong evidence that jaks is not a good buy ?
We like to know more opposite view about the power plant , not you grandmother story to tell us who make more who make less ?
Is this the way you live your life ?