JAKS really need a good Q4 result and a dividend policy in order to move its price. Don't think there will be any new development in other RE projects.
Jaks is too cheap to sell at this level. Playing ding dong will win you some money but not a lot. Big money is made when you buy and hold for big gains.
Most people are impatient and tend to sell out at the early stages of major rallies. You seldom see volume of more than 40m for this stock. There is no guarantee that the rally will continue but if you are not willing to count on it, how else can you make big money ?
Jaks is so quiet now. So i decide to contribute something but is detrimental to JAKS and many in solar. Petronas is going green so they are looking for build and owned solar vendors. Naturally, i have been seeking advise from solar materials suppliers to look at the feasibility. After my discussion with them, i decided not to. Below are summary since i don't feel like a story today. 1. Cost per kw in the region of 0.22 sen +- . So if this is true, all LSS4 gonna lose money. According to supplier, only LSS1 operational now with price then more than 0.30+. Means JAKS after Vietnam, everything else still negative. As i said before, best ALP can do is to do nothing and earn his salary every year. 2. With the costing, not only any LSS2/3/4 investments bad ideas, solar contractors too. I heard margin is less than 10%. So, be very cautious if a contractor showing more than 10% margin!! Hence, going forward, you would likely only see build and owned model. It's become a capital intensive and low return industry. Not for me
Solar is only one part, they also have hydro and potential LNG project in Vietnam. Don't be so negative unless you plan to short Jaks and provide liquidity for the later price boost.
That is correct based on my channel check as i have highlighted about 6 months ago.
The best is ALP is do nothing and earn his salary every year. Only profitable venture is Jaks power plant....
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Windy1974 Jaks is so quiet now. So i decide to contribute something but is detrimental to JAKS and many in solar. Petronas is going green so they are looking for build and owned solar vendors. Naturally, i have been seeking advise from solar materials suppliers to look at the feasibility. After my discussion with them, i decided not to. Below are summary since i don't feel like a story today. 1. Cost per kw in the region of 0.22 sen +- . So if this is true, all LSS4 gonna lose money. According to supplier, only LSS1 operational now with price then more than 0.30+. Means JAKS after Vietnam, everything else still negative. As i said before, best ALP can do is to do nothing and earn his salary every year. 2. With the costing, not only any LSS2/3/4 investments bad ideas, solar contractors too. I heard margin is less than 10%. So, be very cautious if a contractor showing more than 10% margin!! Hence, going forward, you would likely only see build and owned model. It's become a capital intensive and low return industry. Not for me
Last Thursdsy one analyst wrote an interesting review on Jaks and is confident Jaks will achieve a TP of 80 sen by yesr end . PRICE was about 40sen last Thurs Anyone else had also come across that article pls post it here
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....
DragonG
148 posts
Posted by DragonG > 2022-02-16 15:21 | Report Abuse
JAKS really need a good Q4 result and a dividend policy in order to move its
price. Don't think there will be any new development in other RE projects.