Koon Yew Yin almost came out with one article a week in expressing his views WHY he supported the Board & WHY he loved the business of JAKS RESOURCES BHD.
You can read it by yourself of all his articles about JAKS below:
For easier reference, I took the most recent one here:
Why Jaks Share Price is Dropping and How You Can Take Advantage? Koon Yew Yin
Author: Koon Yew Yin | Publish date: Mon, 23 Jul 2018, 09:00 AM
As you know, there is always some risk in buying any share. I must admit my mistake in buying too many Jaks shares which is disappointing. I was so bullish because I thought I could make money as I did in Latitude, Lii Hen and VS Industry, all of which had gone up a few hundred percent within 2.5 years.
My main reason for buying Jaks is its 1,200 MW power plant, generating electricity for the Vietnamese Government. I was so sure that the consortium of 3 Chinese national banks would have examined the power purchase agreement thoroughly before they would finance Rm 7.76 billion for the project. It is like the banks are guaranteeing profit for Jaks.
BUT KYY started to sell his JAKS share on 20 JULY 2018!!!
OMG, KYY at one side kept promoting this JAKS & acted opposite to sell his shares in JAKS.
Beware of KYY, he has been doing the same things so many times, this won't be the last for him.