Well.....stock up...stock up... 36.5cent is bloooody cheap and somemore a lot of Investment heading to Vietnam, if not why LEGO is setting up Factory over there...
I'm still here with ~10% paper loss, what to do huh, sometimes you win sometimes you lose, that's life. I don't blame ah seng if this is going holland because I also see potential in Jaks mah with price "low" like this. If I stick to technical I would have cut early but but but... i want to be long term investor this time... wakakakak
Why I am so confident my investment in JAKS is right ?
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 peer comparative valuation , the expected net income from the power plant can be as high as RM196M for the stake of 30%. what about when it is 40% later?
what is the fair value ? 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 strategy
I make myself busy to behave like a good man and enjoy a better karma and better life
you make yourself busy to blame this or blame that to reduce your pain as a loser and bring yourself nearer the the life of a beggar
if you want Aseng to help you make big money , you must pray hard Aseng make big money
( I do not think many can understand the truth I said , because your genuine behavior of a beggar can not make you behave like a rich man who rather spend more of his time to help others than to ridicule others )
you have a good name but a immature mind that see nothing better but a crap
do you see the reason why I am rich and you are poor
you are occupied by craps to mislead other , I am enriched with a God blessed hind to share the best I know
truth is truth if you can prove me wrong , then show me your fact and data so far your crap stories can only reveal what sort of person you are which my God blessed heart forbid me to say that honestly here
STOP BEHAVE LIKE A CRAP IS BETTER THAN TO TELL NON STOP YOU ARE A BETTER CRAP THAN ASENG
Posted by firehawk > Dec 15, 2021 4:11 PM | Report Abuse
IMPORTANT REMINDER !!!
If u believe in crap master, u buy now and wait for 1.50 .... u get ~300% return in 2 yrs time frame!!
craps are born to this world to suffer I can easily ignore you but my God blessed heart told me to abandon no one so, I can't stay happily in my own group and see you suffer and struggling to call other a crab to reduce your pain .
I can understand your suffering
my pretty heart want to tell , whether one is rich or not rich is not the little sen that they have made in the market . it is the shining beauty smile they want to help the crap they have encountered
do you understand my wisdom ?
if you do , then stop to behave like a crap
a good man with a rational mind or a crap to suffer
I enjoy the talk i can afford to wait for 2 years to see my target achieved
how about you ?
you are struggling to prove yourself not the worst crap (if not other than crap there is nothing better you can talk) you can not even afford to wait for 1 day
is this a very difficult wisdom to understand ?
Posted by firehawk > Dec 15, 2021 4:30 PM | Report Abuse
I don;t know u rich or poor ... but i can know yr mentality through yr postings!
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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....
Sslee
6,817 posts
Posted by Sslee > 2021-12-06 14:21 | Report Abuse
TQVM @mita29