DK, if jaks is the minority shareholder, then they are dependent on the major shareholder for the cash dividend from profit share. What if the major shareholder play dirty and don't declare dividend, then jaks is at their mercy. do you think this is a risk factor?
In Mong Duong II case, AES owns a 51% stake while POSCO Power subsidiary PSC Energy Global and Stable Investment have a respective stake 30% and 19% in the project.
There is shareholder agreement governing numerous reserve matters which require unanimous board decision to overturn. Full distribution of idle cash is one of the reserve matter, changing of board composition is also a reserve matter among many others. The biggest shareholder will take the CEO position while the next biggest will have the CFO post.
Mong Duong II has been paying dividend every year since commercial operation.
Jaks will eventually have 2 out of 5 board seats in both JHDP and JPP.
Therefore, there is no risk of CPECC refusing to pay dividend.
------------------------------ hobobem DK, if jaks is the minority shareholder, then they are dependent on the major shareholder for the cash dividend from profit share. What if the major shareholder play dirty and don't declare dividend, then jaks is at their mercy. do you think this is a risk factor? 23/12/2020 3:24 PM
Wonder whether the profit projection had factored in donations for the viets and from whose pocket its gonna be from. And how does a public listed company arrange for such donations out.
As the year 2020 comes to an end, a new beginning awaits us. The rollout of Covid-19 vaccine is a light at the end of the tunnel, but there are still long ways to go before we emerge from the darkness as each of us need to struggle between good over evil inside us to claim victories.
May good triumph over evil; light dispel darkness; wisdom replace ignorance; humility defeat hubris; love overcome hatred and peace instead of war. Let’s celebrate the return of light inside us and may the light from within shine brightly a path towards a fulfilling life, love, joy, peace and prosperity.
Thank you. I wish all a “Merry Christmas and Prosperous New Year”. Stay safe, stay invested, stay happy and enjoy the holiday/long weekend with family.
You should not waste your time trying to second guess my motive. You should spend more time to think over what I have put forward. I m not here trying to convince disbelievers. I have written enough articles to lay out my rationale for buying Jaks. If anyone still in doubt, you need to find your own ways or perhaps you just have to let Jaks pass.
------------------------- longranger has anyone serioysly think about why DK relentlessly promote Jaks with privilleged information? ????????? 24/12/2020 9:37 PM
longranger i just need 1 convincing reason before buying jaks. 24/12/2020 9:42 PM
longranger anyone can help or peehaps DK himself? 24/12/2020 9:42 PM
Well said DK..Just to add on ...Remeber you always have a choice in life...it doesnt matter with or without nay sayer support ..bcoz market forces will determine the truth soon .
To assist those newbies you have to click the BLUE Bubble icon located at TOP MIDDLE next to your anonymous just above portfolio . Thats very easy to find ...the rest is history
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....
DK
4,269 posts
Posted by DK > 2020-12-22 14:49 | Report Abuse
You are welcome
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635789 Thanks@DK for your article.
22/12/2020 2:41 PM