Just back from JAKS AGM (I invite myself to the AGM by buying some JAKS share just before the 15/6/2017). My purpose is to say hello to Mr. and Mrs. Koon and also to find out more about JAKS business. Some of the take away from the AGM as follow.
4. Mr. Koon also complaint the recent 10% private placement is to whom? Why at a discount? Mr. Ang explained the placement is to institution investors and price at 5 day average market price prior to book closing.
Thank you 22/06/2017 14:42
Not long ago somebody complained on the 10% discount of the private placement in JAKS....
And today the same fellow told u discount given to Sendai's private placement is OK.......
6/08/2017 16:07
yewyin33 Small investors consider share placement will dilute their holdings and it is not good for them because they do not understand the whole process. Share placement is a clever way for the company to get a cash injection.
Unless the company has good profit growth prospect, Macquarie Bank or other institutional funds will not want to buy placement shares even at a discount. 16/08/2017 16:17
I wondering those supporter is whether Mr Khoon's follower or employee? This is the situation like Barang Naik and the peoples. Peoples are not happy with the Barang Naik because they manipulate and suked all monies from the peoples but there's still some internet warrior jump out to support. Very sad to say but this is our culture.
Old man KYY thought of a peaceful sun set after smooth journey in the past few years BUT...Jaks and Sendai giving him sleepless nights liau...sangkut with so many uncertainties...........
Very simple logic. 10 mans are holding 10 eggs. Every egg worth RM10 and the total amount will be RM100. One man will have 10% shares and worth RM10. Now the eggs increased to 11 and there's a new man join in to use RM9 to get 1 egg or 10% shares. Now 11 mans share 11 eggs with the total amount of RM109. RM109 divide by 11, one man can get how much? Count yourself.
Another question is:- if this company business is doing so well and why they need to raise fund? They can use the reserved fund for business developments. Unless they have very limited cash in hand to pay the debts and borrowings.
If you are so believe in this speculator, I challenge all his supporters and followers, HOLD the stock until it reach IPO price. DON'T sell it even thought the share price is continue to decline.
somehow panic sell happening causing the stock plunge. Long term investor will hold tight and only decide after QR. I think it not wise selling at this low price. I guess time will tell if KYY network and investment strategy still relevant. I still bet on KYY
Why the share price can always go up or decline before it near the QR? Why the retailers and the poor are always buy high sell low? Because the super investor and successful entrepreneurs are "inside" the scene. They moved first then the market will follow.
Discount over private placement of JAKS- cry father cry mother in their AGM
Discount over private placement of Sendai- Small investors consider share placement will dilute their holdings and it is not good for them because they do not understand the whole process. Share placement is a clever way for the company to get a cash injection
Yeap...push the price high high to prove both the two stupid idiot Analyst wrong....teach them a lesson...show them what u are capable of...pay margin interest pay margin interest lah...sup sup sui
Pay the shareholders very, very little dividend; worse than YeeLee, and now asking for more fund. I also don't know how you guys could stay with such company.
Anyone want to sell and bring down the price, go ahead. I am willing to buy even @0.005 sen. My holding in this stock is cost free. What is cost free? Figure it out. Always happy to top up at any low price.
PP wud be in 1Q FY18. In this few wks rpt will out. Shud hold until rpt out. KYY would not be wrong in projecting its turnover frm loss to profit. Nxt rpt will cnfrm ths.
Upcoming QR is almost confirmed will turn loss and profit but it has already projected in the share price. Just like what I said, based on the current price, the coming QR profit has to be more than 15 million to make the price move.
Why do many people hate Mr Koon. He is a nice man. His objective is to teach people to make money. Later he angry and sailang force sell all his Sendai shares everyone will cry.
Come on,judging from the way you guys comments and spread negativity ,aiming to run down Sendai and don't care about those already trapped shows that you guys are cruel and selfish bunch,you'll not win.
Save the craps lah,when price up,you all keep quiet,when price down,all come out and spread negativity to instill fear,give your side of stories when price is surging to help people to lock in profit not making people panic and sell at loss.
I know it can be sad and depressed to be trapped in a counter in loss. Who to blame? It's always our ownselves. We should have cut loss if you're a short term trader. If long term investor, just continue hold and think about the reason you buy, expecting a good QR? then just wait and see. Most people lost money because they don't know the reason they buy the share, no plan. Buying for gambling, if price down then comfort yourself saying fundamental is good. Don't criticize people are cruel or selfish, but others don't tease them as well.
So, I repeat again, I am looking at this counter on fact and figure. PP has short term effect on company share price. Long term will be back to fundamental side which how the company QR will perform and how they utilize the fund they got from PP. For me, if you're a long term investor, you can start collecting now, slowly average down if price goes down, make your capital divided into 2-4 buy. For price to rally, the best is to release a QR with more than RM 15 million. Buy on weakness, never chase high for fundamental company, always buy at undervalued price.
I find out most people couldn't earn money in long term is simply because they can't invest/trade rationally. Like Mr Koon, he talks based on facts and figures, he has his invest strategy and he knows he is investing long term with low average entry price, he clearly knows what he is doing. There is no right or wrong in share market, it is your own analysis, judgement and plan. Stick to your plan and that's all.
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....
ahcheng12
44 posts
Posted by ahcheng12 > 2017-08-16 16:30 | Report Abuse
I agree yewyin33 commend. if lousy stock no investment firm even to look at it.