Ally Yee, you aim so high at 1.49 Any source to back up your price target What I know is the Director being issue share at 60 Cts for the exchange of deal transactions Further more I like the MOST is their Warrants which carry 10 yrs expired date and exercise price only at 66 Cts which is very attractive
the way i see........... (1) existing businesses - nothing exciting ? (2) telekosang hydro power (40MW) - pending - completion/commission ? - CP to be met ? - to acquire remaining 30% equity from Sabah state government ? (3) 160MW hydro power - still at preliminary stage - a long way to come ? - many uncertainties ?
For me, my investment guide ; 1. Business and sector, 2. Management, 3. Existing Business/Contract/resources they already have and growth prospect
1. Business and Sector A. Hospital - Hospital business will always do well, look around any hospital groups are not doing well? - Recession-proof and stable income - Malaysia Aging population - 95% Employers doesn't cover maternity - Medical Inflation are so high will make sure hospital will always be profitable - Command high valuation i.e. P.E B. Renewable Energy - This industry is being promoted and supported by the Government - Cheaper alternatives will make sure the demand is there forever - For example Sabah, the company will help the state government save millions annually on subsidy this in turn will make Industries in Sabah more competitive. - Steady Income and dividend for next 30-40 years. There are no need to do marketing and marketing for me is the biggest risk in any business. - Hydro is much more profitable than LSS projects - I said they are better than Independent Power Producer because there more opportunities to expand and not as rigid as IPP. - They are power operator and not just EPCC contractors unlike many, so they have a steady stream of income - Steady Income/dividend and low risk of business will attract Institutional and Funds eventually, especially foreign funds. - Command high valuation i.e. P.E
In conclusion, I am very comfortable with the company business and risk factors especially facing super high inflation rate and geopolitics risk.
When they announce 40MW Hydro, nobody expect bigger one coming but they did. The point is with limited information we can only guess what's coming next.
40MW is ready to fire.
Talk about the risk, it's seem bond holders has no problem trusting JSB, what more they already have track record.
I think people with information bought it. I seen this kind of movement before, out of blue, spike with more than 10x of average volume but not much price movement and after that quiet for a while before making major movement.
Price won't be at this level for long, it is here because of technical hiccup during recent corporate exercise. Nobody expect they (shareholders) forget to subscribe. If they do not want to subscribe they can always sell their OR and whoever bought it will subscribe. Therefore there are no excess to be given to "luck one"(other shareholders who apply for excess).
No need to fight, good things coming. I wrote when the price less than 30sen and now price already double and on top we get additional 30sen warrant . Every month, with my salary I will top up and continue to write. It's nothing to do with my writing, it's the company doing good.
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....
hassim85
163 posts
Posted by hassim85 > 2022-03-22 09:58 | Report Abuse
dump