No one is qualified to judge others. DK removed his articles because he said he won't be here to defend them. I have read all his articles and all the information given by DK turned out to be right. His profit forecast for JHDP was a very close call. I agree that DK was inexperience when dealing with his haters in i3 so he left. There is nothing wrong with leaving i3 when you don't like the place. After all, i3 is not a nice place for sharing. I notice that there are lesser people sharing their ideas in i3 nowadays. Why should they ?
KYY wrote an article about how he lost 64 million in JAKS. I think those read that article have the feeling, the market price was manipulated. This is a precious review for subsequent comers ........ By then, there were many concurrent articles by various writers too, revealed the management doings, some are, I think, insiders, because they can narrate in details on what was happening. If ones read those articles, they may have a more complete picture, and take a step back from too optimistic ......
All the 51% subsidiary companies were so designed for profit sharing with the 49% private holders if there are profit to be made but losses is totally bear by Jaks. Many more impairment of goodwill and receivables for many years to come.
@Phoebe, You can read the above blog to form your opinion is disposal of 51% JIC to ICD for RM 1.00 is actually to get ICD free of its 49% JIC net liabilities compare to recapitalise JIC?
Lousy management team with their actions that were detrimental to the interests of the shareholders. Countless of fund-raising activities, free shares scheme and litigation cases. The only way to go is to eliminate the fats from the Group
Don’t talk rubbish la about dividend reinvestment…can’t even run the company properly and maintain a good share price. Without changing the whole management team, giving bonus or capital repayment also useless. Lapsap
Jaks need to print more share every year because the more the merry as 10% will be given to Directors and Top Management as LTIP (free grant) as reward for their long service.
China is buying Gold, Russia piling Gold and Saudi has announced moving away from Trading US$ for Oil. What happen ( will happen ) when the rest of World decided to Trade in another currency( or basket of currency ) US$ comes flying back to USA and US inflation Rush to 100,000% or become Zimbabwe money ( 1 billion to Myr 137 today )
Current :Preceding :Current :Preceding Year: Year :Year: Year Quarter :Quarter :To-date :To-date 31-Dec-2022 :31-Dec-2021 :31-Dec-2022 :31-Dec-2021 RM'000 :RM'000 :RM'000 :RM'000 Revenue: 45,850: 18,545: 89,794 :108,145 Cost of Sales: (35,353): (16,434): (74,650): (89,361) Gross Profit: 10,497: 2,111: 15,144 :18,784 Other Operating Income: 1,851: 3,018: 3,709: 4,535 Other Operating, Administrative Expenses: (56,509): (66,289): (113,524): (111,758) Operating Loss before finance cost: (44,161): (61,160): (94,671): (88,439) Finance cost: (7,616): (5,257): (24,383): (21,980) Operating Loss after finance cost: (51,777): (66,417): (119,054): (110,419) Share of Profit in Joint Venture: 46,173: 30,012: 156,190: 140,713 Profit/(Loss) Before Taxation: (5,604): (36,405): 37,136: 30,294 Taxation: (393): (54): (897): (545) Net Profit/(Loss) For The Period: (5,997): (36,459): 36,239: 29,749
How to make money when your other operating, Administrative expenses is more than revenue? Must be MikeCheatYouCrazy spent too much money on massage girls.
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....
Zhuge_Liang
2,420 posts
Posted by Zhuge_Liang > 2023-01-14 13:21 |
Post removed.Why?