JAKS (4723),
Dear all,
Continues from my blog:
https://klse.i3investor.com/blogs/Sslee_blog/185065.jsp
I refer:
Posted by qqq3> 05/12/2018 09:12
this has become The Conspiracy Theory of i3...involving Calvin? What I did do with Calvin?
U really is weird.
Posted by qqq3 > Dec 5, 2018 01:27 PM | Report Abuse
whether I am accountant none of anyone business....I not looking for potential customers.....
fyi....even KYY do not know my background, all he knows about me is I am a small time trader....I have not mentioned my backround to anyone in i3 or to KYY....I just prefer it this way......
Since you suggest “The Conspiracy Theory” hence I went through all your blogs and comments to check whether your suggestion is true or not? So please answer the question in red.
The chronology
qqq3 get the attention of Mr. Koon with this article.
Lets talk about KYY, a principal stakeholder holding millions of shares.
Author: stockmanmy | Publish date: Thu, 11 Feb 2016, 07:45 PM
https://klse.i3investor.com/blogs/stockman/91071.jsp
qqq3 PLP Mr. Koon with this article.
For Koon Yew Yin
Author: stockmanmy | Publish date: Fri, 7 Oct 2016, 04:23 PM
https://klse.i3investor.com/blogs/stockman/105961.jsp
qqq3 bad mouthing KC and OTB in this article
Come lets debate FA............KC, OTB, KYY, all welcomed
Author: stockmanmy | Publish date: Sat, 3 Dec 2016, 04:23 PM
https://klse.i3investor.com/blogs/stockman/110864.jsp
And continues trolling and attacking KC, OTB and Stockraider non-stop in i3 forum
qqq3 promoting JAKS in JAKS forum
Posted by stockmanny in JAKS forum>Jan 10, 2017 02:51 PM
Super investors has 3 characteristics.....they receive new information, receptive to new ideas and confidence in own abilities.................................and also buy Jaks.
qqq3 hoodwinked and trap Mr. Koon with this article.
Jaks....emerging jewel
Author: stockmanmy | Publish date: Fri, 13 Jan 2017, 02:35 AM
https://klse.i3investor.com/blogs/stockman/113723.jsp
Mr. Koon Bought into JAKS
MR KOON YEW YIN
16-Feb-2017
Notice of Interest
23,881,900
0.000
Mr. koon first article on JAKS
Why I Bought Into JAKS - Koon Yew Yin
Author: Koon Yew Yin | Publish date: Sat, 18 Mar 2017, 10:40 PM
https://klse.i3investor.com/blogs/koonyewyinblog/118591.jsp
Posted by qqq3 > Sep 21, 2018 09:24 AM
halite
KYY started buying jaks several weeks before I blog about it......my blog is mainly a summary of Public Bank research in a more readable manner.
of course, with my own interpretations and value added comments...since then, I and KYY met up with Jaks people and can confirm everything in that Public bank report....and their source of data
Q1. qqq3 started to promote JAKS on JAKS forum on Jan 10, 2017 02:51 PM and wrote his JAKS promotion blog on 13 Jan 2017, 02:35 AM. Mr. Koon only became JAKS substantial shareholder on 16-Feb-2017. qqq3 tell us when you met Mr. Koon and when you and KYY met up with Jaks people and can confirm everything in that Public bank report....and their source of data?
Posted by qqq3 > Nov 2, 2018 01:43 AM
kc u fail to understand, Jaks and Sendai are the 2 counters I made the most money...and why not? when I know the chong ker.....and I have the killer instinct..........
Posted by calvintaneng >01/12/2018 20:59
My respect to Uncle Koon
Failure is ok if we learn from it
I think it was qqq3 who wanted me to contact Uncle Koon to goreng jaks
The culprit is qqq3
I want to take this opportunity to say sorry to all i3 forumers if i have led anyone astray. Calvin is sorry
Posted by qqq3> Dec 4, 2018 03:29 PM
but not bad....I promote at $1 and $ 1.40...all on the way up to $ 1.80.....I never promoted on the way down....See...I chun chun....
traders can make a lot of money...I never promote buy and hold....Last 18 months, all buy and hold all mati mati.....not just Jaks....
Posted by qqq3 > Dec 4, 2018 07:38 PM
OTB is a retailers' adviser....
OTB is a not a stock God.
My son is an IB analyst writing for institution clients.
Those who write for institution clients have to be more responsible, ...there is a fundamental difference.
an IB analysts cannot just wag here wag there....without responsibility.......like a retailer adviser.
https://klse.i3investor.com/servlets/staticfile/295815.jsp
Funding. The capital requirement, we understand, will mostly come from the EPC gains in a staggered basis. JAKS’ 30% stake would cost US$140.1m, with US$30.0m already invested in the first year. Hence, based on gains from EPC of c.US91m, the potential capital needed is only US$19m, which can be funded by proceeds from its proposed disposal of non-core assets.
Construction. Jaks’ earnings will be driven by construction division, especially from EPC job in Vietnam. The Group’s outstanding order book is at historical high at c.RM3bn, with main jobs such the non-technical EPC portion of the Vietnam project worth US$454.5m (RM1.72bn) and SUKE (RM509m). Going forward, Jaks will be tendering for more jobs especially water-related and infrastructure projects. Tender book is c.RM2bn, mainly in jobs such as highways, pipe laying, sewerage pipes and general construction.
Property. Property division has been an important revenue driver with the division emerged as the largest revenue driver in FY14. However, with current difficult trading environment, Jaks is taking a cautious stance and will only focus on selling unsold units in hand. Currently, Jaks has only one on-going project - Pacific Star in Section 13, Petaling Jaya that was launched in Sep14 (due for first completion in 2017). This mixed development project is estimated to command a GDV of RM1.1bn comprising a 9-storey office and commercial podium, 2 blocks of office towers and 3 blocks of apartment. In the pipeline, it has another land i.e.Jaks USJ 1 which has estimated RM2bn GDV.
Investment Assets. Jaks’ Evolve Concept Mall was opened in Q32015, with 360ksf NLA but could be expended to 420ksf NLA. Currently, only 62% of the tenants opened for business but we understand that signed up tenants are at 80%. With low occupancy currently, the mall is suffering losses but it is no secret that Jaks is looking to dispose the mall as it is now perceived as non-core. The carrying book value for the mall is RM390m, and we understand it is hopeful to fetch at least RM1000psf or RM420m for the mall. Given current oversupply of malls, we believe it will be challenging for it to monetize the mall quickly but we understand Management is targeting selling it within the next one year. Also up for sale is its podium commercial business hub in Pacific Star, Section 13 that has estimated market value in excess of RM250m.
Strong earnings growth. With the high EPC profits, Jaks’ earnings are expected to move markedly higher with expected FY14-17E earnings CAGR of 54.4% and partly by property billings. In 9MFY16, revenue from Vietnam project is RM150.2m, with RM30.0m net profit (c.20% net margin). Projected jobs replenishment is c.RM400-500m p.a. mainly from pipe laying, sewerage and upgrading of highways. To be conservative, we just assume replenishment rate of c.RM300m p.a. and for property business, only contribution from Pacific Star is assumed for now as the land at USJ 1 could be sold outright. As for IPP, the contributions are only expected from 2020 onwards.
Earnings drag from investment assets. Currently, its Evolve Concept Mall is incurring losses due to finance costs, depreciation and operating expenditure and low occupancy at 62%. We understand the Management is actively seeking a buyer but in the Interim, we forecast that the mall’s losses could be dragging earrings in the near term. We estimate the mall to incur c.RM16m losses (net stake) with the target to be sold by 1H2017. All told, We expect Jaks' to improve its PAT margin to c.6-7% in FY16-17E from c.3% in FY14-15A mainly due to better profit margins from the EPC job from its Vietnam project
Q2: qqq3 tell us how Jaks people can confirm everything (above) in that Public bank report....and their source of data?
Q3: My son is an IB analyst writing for institution clients.
Those who write for institution clients have to be more responsible, ...there is a fundamental difference. an IB analysts cannot just wag here wag there....without responsibility.......like a retailer adviser. So is the above IB analyst writing responsible or irresponsible writing?
Q4: Are you working hand in hand with Jaks people on this “The Conspiracy Theory”?
By the way some comments in Gadang forum:
Posted by Whey Whey > Jan 9, 2017 05:49 PM
Next week Gadang 2Q report going to be out... Let hope for the best that Gadang show improve in profit and all the project win news flow in!!! Still thinking if i should all in betting good result next week XD
Posted by stockmanmy > Jan 9, 2017 08:52 PM
if Gadang relaese good results, I cut off mine....ok?
Posted by kancs3118 > Jan 9, 2017 09:46 PM
Cut off your kuku bird?
https://klse.i3investor.com/servlets/stk/fin/9261.jsp
Q5: So after losing your bet have you cut off your kuku Bird?
Thank you
P/S
By the way talking about responsible writing your blog articles in i3 are the most irresponsible, deceptive, manipulative, hoodwinked, misleading, bullshitting, bad influence and should be treated as rubbish and toxic hazardous waste. So please leave i3 alone and enjoy your low life like Jho Low.
https://klse.i3investor.com/blogs/Sslee_blog/185433.jsp
