yes, now is certainly not the time to sell or reduce one's holding
reason: downside is certainly less than 10% upside is more than 100%
it is either you do nothing or take advantage of the low price to play short term to reduce holding cost
these are the figures not plug from the air it is based on the calculation made by some rakuten , Melaka security, AffinHwang , peer comparative valuation and DCF valuation since power plant income is predictable
please stop spreading fear and misleading view here while the stock price is low BUT not a single words of guidance when the stock price shot up to 82 cents last year . we owned the right to screw you because when the price was high we asked the member to protect their profit .
of course it is ok to voice your frustration but do not distort the truth when the fundamental value is improving from year to year and the company has shifted its business focus to power generation and renewable energy to achieve a strong recurring income for the day to come . all the loss making business is to be discontinued and the power plant has started to contribute profit , 39M (year2020) and 139M ( Year 2021). be fair to the readers here by providing a fair and balanced view , not just touched on the negative aspect and ignore the positive one .
When to sell jaks ? if you are a genuine value investor, the timing is when the Power plant no long showing improving profit YEARLY certainly not a single quarter headwind or decline due fire accident as shown in the recently quarter. Or as I had revealed earlier , I have an exit plan , that is TP 1.50 or 2 year from cod whichever is earlier. This is a very rational play , I do not see what is so funny as seen in the behavior of a fake sifu .
Posted by firehawk > 4 hours ago | Report Abuse at this price, for some people that heavy loaded, may get margin call ..... just like what happened to kyy a few yrs ago :-( the most interesting part was, a few days before QR released, the price was pushed up, to give hint ...... :-) ~~~~~~~~~~~~~~~~ think have to explain a bit about the "interesting part" ..... this counter this fully controlled by operator, no doubt .... he knew many were eagerly /anxiously eye for the QR, he pushed up to give false hint ..... quite impressed by every means he uses .......
Stock price downtrend for year, good company share price won't be like that. This kind of stock must be avoided until you see there is sign of recovery! It's totally not worth to waste our valuable time and money on this!
u no shame feeling one hor? ~~~~~~~~~~~~~~~~~~~ I put up this mssg, bcos the freak was telling how rich he is and what he is doing ......
he totally deleted 2 postings, could be the same contain, ..... he regrets and deleted the postings and gave a reason to cover up (this is what all the while he uses to do) ..... whatever ..... as long as my ID is not mentioned anymore, i'm happy enough ..........
why you can not enjoy the shares trading game as much as I do?
1. you are too anxious to win but I am not
when you are too anxious to win you can not afford to see paper loss, what more to wait for your hard earned money to bring back the big money . you spend all your valuable time glued the monitor to watch the price movement up and down. there is no peace in your heart. it is filled with excitement and disappointments for nothing . you forgot the reason you buy this stock is still valid . you want it to go up fast and furious everyday but everyday is a disappointment. you forgot the teaching in the school , if you want your musang king to grow well , forget and do not disturbed it unnecessarily is the best practice .
2. you are fully invested or overly invested but I am not
when you are fully invested , you do not have extra money to invest when opportunity arises . you do not have the extra money to buy more when people panic sell. you do not have the extra money to buy when you see GOOGLE , TESLA , APPLE .... are selling cheap now . you trading decision most of the time is governed by fear and frustration not a rational mind . you panic easily and tend to cut loss unnecessary
3. you do not follow your exit plan strictly but I do
most people has an exit plan but most people never follow the plan strictly as I do. my exit plan is constructed based on FA and rational mind . as long as the power plant is show show improving income , my exit plan is valid . there is a 2 years time. I reckon this time frame is good enough time for the management to deliver their promise to the shareholders during the AGM if you have an exit plan, when the exit TP or the exit time is still far away , there is no reason for you to be fearful when there is a big drop in price. because you are not going to sell or buy , the paper money won't turn into a real money to you .
4. I spend most of my time to build good karma but you spend most of the time to voice your frustration but nobody care except Aseng
Every Investment needs LUCKS. if you are unlucky , no matter how good is the recipe based on FA or TA you will not enjoy the food . that is why you will see , I spend most of my time educating and providing guidance to whoever who has access of me to help him to make a right trading decision ,but you spend most of your time to tell your grandmother half cooked stories. share trading is not the monopoly of a rich man . why the rich man is more successful but the poor man are less successful. the rich man already owned a lot good karma from previous life to be enjoy this life but the poor man has less good karma yet still working everyday to reduce it further . cursing this and cursing that, spreading fear and misleading information and wrong strategy which is no different from gamble, to create more sufferings in a suffering circle. so do not forget the saying : KALU TAK BOLEH BUAT BAIK , JANGAN BUAT JAHAT , KERANA TAK BUAT JAHAT ITU SUDAH CUKUP BAIK.
wishing those who have the good karma to see the truth in the message will enjoy a prosperous life together with Aseng
DARE TO POST, DARE TO KEEP ...... DON'T POST IF NOT DARE TO KEEP !!
Maintain old bad habit, posting long long imaginary nonsense not help to improve, just like put up lengthy, recycle, multiple posting won't lift the price ..... think throughout before act to avoid regret, never too old to learn !!
for those hope to know more, last year Dec, a tranche of PP @issue price around 0.375 can't find buyer and lapsed ...... (this is the most i wish to say, don;t ask me more)
I don't know where the lows are, all I know is that it's a company that will waste your youth. You put money in and a good stock doesn't make new lows when it pulls back, have you've seen maybank pull back and make new lows?
Just follow my exit plan strictly. 1 to 2 year from now for 100% to 300% based fair value calculated by many investment is not a waste of time . But it is certainly a waste of time for a gambler who had no say of his own life script and blinded by his own bad karma because non stop misleading people to sell at low and never say a word to protect the profit when the price is high.
Samy :we are waiting for the moment , when I want to sell you cheap at a 3 cents kopi-o money , but you make it my paper loss of 5 cent . so, I do nothing and wait for the moment, when you want to buy from me at a good price but I told you no 100% i won't let go
Ah Kau : if you believe kopi -o trade can make big money , then you must ask yourself first , have learnt to die the word "DIE". bet too small , do nothing better. bet too big , can not sleep
OTB : everything has a value . Aseng is waiting ... when the value to emerge , no big jaws will not saliva . that is the time he will shout, INI KALI LAH..... translated into English , it sounds , THIS IS THE MOMENT !!!!!!!
Everyone have their favorite stock to collect. Mine is Insas. I did not sell any Insas when Insas break RM 1.20 and now I am hapilly collecting Insas at 83 cents with money I make from other stocks. So diverse your investment is important.
ALI :: Some said ALP PP price at 0.47 to benefit himself and his gang. Think this allegation is not true anymore
Paktua : Yes !!! this people don't know what is private placement suka-sula cakap tunjuk bodoh. what is PP? A private placement is a sale of shares to pre-selected investors and not for you and me . it is not the same as the right issue that every shareholder is entitled to the cheap sale . are you going to accept the chosen one at the price of 0.475 but the price go down to 0.32 less than a year . why people accept the chosen one at the first place ? they have too much money nowhere to keep , so cincai-cincai keep here ?
JAKS got potential to grow with the 25 years concession for the Vietnam power plant. This quarter was lesser but only due to maintenance shutdown which is inevitable, especially for a newly operated plant. Plus, there is big opportunity for JAKS to increase its stake to 40% which will also up its bottomline. I also believe that JAKS is putting their best effort to replenish their construction orderbook and once it?s replenished, all these impairments may be lesser than the current figure, or the best scenario JAKS may not even need to provide any impairment in the following years. Let?s keep our confidence in JAKS that this year will be a better year for them
The current share price RM0.33 with NTA of RM0.66 is only based on the investment cost of the power plant in Vietnam of approximately RM713 million, even without factoring the revaluation of the power plant equity (especially JAKS is eyeing to increase to 40%). So with this share price, isn?t this a good buying opportunity to stock up?
Last year, someone asked me why there was WC conversion, it's definitely not make sense, bcos selling WC and then buy the mother stock is more rational, I didn't want to tell, bcos the one asking was in hostile attitude. But later, another i3 member, the name like Windy or something like that, said, he also want to know, this put me quite in a uncomfortable situation, since i was not willing, I didn't reply but just copied and pasted a posting 2yrs ago about WB conversion and asked him to do analogy .... I think Windy thanked me after that.
JAKS did RI one year ago, to raised about 285m, the subscription price it was was revised for 0.12 to 0.22 to raised the same amount, i think no one asked WHY the subscription price was revised, although they subscribed the RI. However, even if they asked themselves, they may not get the answer ...... the subscription price revised caused the up trend to 0.80 later .....
Now come to the PP, someone is obviously doesn't know how the game is played, and have a lot of doubts and eagerly want to know why? as usual good in bluffing, he chooses to talk arrogantly and think he will get the answer by this way ..... Ha Ha Ha .........
(hope this time do not have friendly asking like Windy did, thanks)
I think now it is certainly not a bear market, so JAKS' price performance is its own. For investors not yet buy, better no. For stuck investors, can consider to switch to other counters. You can always come back later.
if buy this counter, hv to prepare for thing goes the other way round .... must cope with the operator unexpected acts, like not use up funds available, dun aim for too unreasonable TP ...., from the chart for last few years, it did fluctuated up and down, fluctuations provide opportunities ...... i apologize for not telling everything, i'm vulnerable to attack ......
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....
firehawk
4,782 posts
Posted by firehawk > 2022-03-01 16:19 | Report Abuse
Ha Ha HA !!!
TP=1.50 is touted again ..... fantastic :D