Is the BOD is con_firming, broadcasting, X'ing, Youtubing, Instagramming, Tik Tokkkkkkkkkkking, Facebooking, saying and telling the power plant is a rotten apple, zero value, not worth buying????
When you dun want something, economic theory says product has zero value to you. By extension and conclusion, Jaks must write off entire value to power plant to zero.
Posted by Sslee > 3 minutes ago | Report Abuse
Warchest did the BOD address on why jaks did not take up the addition 10% JHDP option?
Jaks PP and RI at lower and lowest price only benefited who? And the massive dilution causing value destruction till minority shareholders can only cry till no tear.
By the way jaks every RI and PP will be follow by LTIP free grant that only benefited ALP.
M & A EQUITY HOLDINGS BERHAD(formerly known as SYF RESOURCES BERHAD) Co. No. 199501035170 (364372-H) Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income For the Quarter Ended 31 March 2024 (The figures have not been audited) RM '000 Revenue 13,066 Cost of Sales (9) Other Operating Expense (17,168) Other Operating Income 11,035 Profit from Operations 6,924
Jaks is badly managed company with Total receivables impairment for the last 5 years amounted to RM167 million and reversal of impairment amounted to RM13.6 million make up total net impairment of RM153.5 millon.
Come Q4 will be another big impairment losses on trade and other receivables. So remember to sell before Q4 result out.
Jaks was and still a pump and dump stock during KYY time till...... At least KYY pump to get a good PP price for jaks but nowaday only dump for PP subscribers to buy low and then pump for PP subscribers to sell their PP share high.
Anyway with NOSH: 2,607 Million and growing every year. How high can syndicate pump?
Last year news of LSS4 COD and addition 10% JHDP option push up share price to 0.245 on 1/9/2023. This year no addition 10% JHDP + LSS4 hardly make any money.
Can Mike-tikus work harder on LSS5 500MW to push the price?
Last time Mike-tikus punya pasar malam TA reader told him jaks 18 floor is the bottom floor so he all in from 18 till 24 but then price plunge thro' 18 foor to new low of 12 floor.
Jaks FA all this while is very bad with cash flow problem make worst by incompetent management losing money non-stop in every project undertake in Malaysia (except Vietnam JHDP JV).
As of TA, it depend on how insiders and syndicate want to play the pump and dump game. So make sure you are not the one holding the dead cat when the music/pumping stop.
Mike-tikus balls shrink when jaks drop to 12 cents and he dare not average down.
The last time his punya pasar malam TA reader told him jaks 18 floor is the bottom floor so he all in from 18 till 24 and trapped himself for more than a year.
This time his TA told him: 👉Haha at Least from RM 0.185 Up to RM 0.225 within 2 month , then From RM 0.195 Up to RM 0.245 in 2 months …
This time round is he trying to dump his share at RM 0.245? Any volunteer to be his suiyee sucker billis?
By the way who said jaks TA 18 floor is the bottom floor and trapped himself in jaks for more than a year despite promoting jaks non-stop 24/7/365?
My take on Jaks' FA and TA
Jaks FA all this while is very bad with cash flow problem make worst by incompetent management losing money non-stop in every project undertake in Malaysia and non-end yearly impairment loss on receivables (except Vietnam JHDP JV).
As of TA, it depend on how insiders and syndicate want to play the pump and dump game. So make sure you are not the one holding the dead cat when the music/pumping stop.
Repost: Jaks is badly managed company with Total receivables impairment for the last 5 years amounted to RM167 million and reversal of impairment amounted to RM13.6 million make up total net impairment of RM153.5 millon.
Come Q4 will be another big impairment losses on trade and other receivables. So remember to sell before Q4 result out.
Jaks was and still a pump and dump stock during KYY time till...... At least KYY pump to get a good PP price for jaks but nowaday only dump for PP subscribers to buy low and then pump for PP subscribers to sell their PP share high.
Anyway with NOSH: 2,607 Million and growing every year. How high can syndicate pump?
By the way since when did I promote Omesti? I just trade some Omesti-PB for my free bintang beer unlike Nike-tikus promote Jaks day and night 24/7/365 non-stop to no avail.
this Group would not up merely on the good results. More on resolving its internal and external issues i.e. repatriation of funds from its Vietnam's JV, maiden dividend, successful off the court settlement and even halting of the funds raised from equity. I believe they are resolving all the issues
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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
7,017 posts
Posted by Sslee > 2024-07-19 12:34 | Report Abuse
Did anyone ask BOD to explain why:
Total Share of Profit in JHDP RM 431.703 Million but Total Dividend so far only RM 97.386 Million?
Is JHDP having cash flow problem and thus unable to give better dividend?