A single quarter EPS as high as RM0.05, due to contribution from Petronas Carigali MCM contract. And this contract will be effective for five years, Sept. 20 2017 to Sept. 20 2022.
-- Remember Jaks in not the only listed companies that you must buy. There are so many companies with profit growth such as FLB, AWC, Carrimin, MBMR, FPI, GCB, Muda Holdings etc, etc.
Petronas Carigali MCM contract will be effective for five years. The group no need pay high debt & borrowings, so high chance the earnings r sustainable.
No, Carimin's earnings r depend on contracts, not oil prices. And the MCM contracts can generate RM1 billion revenue for Carimin within 2017 to 2022.
That means merely this MCM contract, can contribute RM40-50 million revenue to the group per quarter. If you refer to latest quarterly report, it makes sense.
I have openly stated that I have already sold all my Jaks shares and my rights to buy the warrants and admitted my Rm 64 million mistake. I do not have any more interest in Jaks. Nevertheless, I wish to help investors to make money.
Just like the last quarter, it reported losses due to interest charges, it is most likely continue to report losses due to interest charges for the huge bank borrowings.
Remember Jaks in not the only listed companies that you must buy. There are so many companies with profit growth such as FLB, AWC, Carrimin, MBMR, FPI, GCB, Muda Holdings etc, etc.
Profit growth prospect is the most powerful catalyst to move share prices. Koon Yew Yin
tehka, I thought you talk cock only. That's real, uncle did mention Carimin Petroleum.
Posted by yewyin33 > Dec 10, 2018 03:27 PM | Report Abuse
I have openly stated that I have already sold all my Jaks shares and my rights to buy the warrants and admitted my Rm 64 million mistake. I do not have any more interest in Jaks. Nevertheless, I wish to help investors to make money.
Just like the last quarter, it reported losses due to interest charges, it is most likely continue to report losses due to interest charges for the huge bank borrowings.
Remember Jaks in not the only listed companies that you must buy. There are so many companies with profit growth such as FLB, AWC, Carrimin, MBMR, FPI, GCB, Muda Holdings etc, etc.
Profit growth prospect is the most powerful catalyst to move share prices. Koon Yew Yin
now he know's many stuck in jaks,so he come up with an excuse saying jaks will post losses for the next 3 years,cos he will not push up for all ikan bilis to sell
Aiyoo. if wait for notice of new substantial shareholder it is too late already oh.. from past experience, before uncle write article is the best time to buy, once uncle start write article no 1, still can buy, once article no 2 or article no 3 to promote the share, you must really drop everything, run fast fast.
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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....
ConfirmKaya
197 posts
Posted by ConfirmKaya > 2018-12-06 16:48 | Report Abuse
OMG up so much..huat ah