kennyng

kennyng | Joined since 2014-08-30

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2016-05-17 17:55 | Report Abuse

Where got cash to pay RM 1.06 ??

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2016-05-13 17:08 | Report Abuse

Good show is start ...

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2016-04-28 18:17 | Report Abuse

But price no move.

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2016-04-28 18:05 | Report Abuse

Syed, your good new already announce..

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2016-04-28 16:04 | Report Abuse

Share split & Bonus issue coming soon.

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2016-04-25 18:00 | Report Abuse

Haha... Syed you got wrong information.

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2016-04-25 17:51 | Report Abuse

Better Don't give !!

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2016-04-23 13:43 | Report Abuse

Where you got info. for Bonus issue ?

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2016-03-22 12:43 | Report Abuse

the luxurious project in the replacement of 45,000 km of water pipes spanning across the Peninsula and East Malaysia which could worth a hefty RM 20 billion.

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2016-03-16 11:48 | Report Abuse

Rozali want to privatisation soon. now is good time to do it.

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2016-03-03 14:11 | Report Abuse

RHB & MBSB merger talk. Coming soon.

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2015-12-07 12:35 | Report Abuse

One day show only.

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2015-11-16 10:29 | Report Abuse

Engine start now.... RM 1.25 Still cheap.

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2015-11-12 18:16 | Report Abuse

Muda UP..... Boxpak UP....... The next is Orna... BUY NOW.
NAB RM 1.78 , P/E 9.37

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2015-10-15 12:52 | Report Abuse

Bonus issue 1 : 1 coming soon.

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2015-09-26 13:20 | Report Abuse

Maintain buy with a revised target price (TP) of RM1.60 from RM1.20 previously: We are positive that Jaks, together with China Power Engineering Consulting Group Co Ltd (CPECC), has secured US$1.4 billion (RM6.15 billion) financing for the US$1.87 billion coal-fired power plant in Vietnam, which will be funded by 75% (US$1.4 billion) debt and 25% (US$470 million) equity.

We believe there is now a higher likelihood to meet the project’s financial close deadline on Oct 31. CPECC, which is supposed to inject a total of US$7 million as security deposit, will deposit the third and final tranche of US$2 million this month.

We understand that Jaks can now proceed with the relevant approvals required from the relevant authorities in respect of CPECC’s investment in the project.

We are now more confident that Jaks’ construction division will drive its earnings growth, as the non-technical engineering, procurement and construction portion of the Vietnam project worth US$454.5 million is now quite likely to begin as scheduled in the fourth quarter of financial year 2015, and that the plant should be completed by 2020.

We maintain our “buy” call with a TP of RM1.60, based on a lower discount of 20% to our realisable net asset value valuation of RM2.

Unlocking value in the Vietnam project is the key rerating catalyst for Jaks. We make no changes to our earnings forecasts. — Affin Hwang Capital, Sept 23

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2015-09-01 10:00 | Report Abuse

pls selling more ..... i want collect.

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2015-08-19 18:21 | Report Abuse

Jaks Resources Bhd ( Financial Dashboard)
(Aug 18, 79.5 sen)
Initiate buy with a target price (TP) of RM1.20: The key catalyst of Jaks Resources Bhd hinges on achieving financial closure for the Vietnam independent power producer (IPP) project by Oct 31.

While this project has been delayed for a long time, the entry of China Power Engineering Consulting Group (CPECC) suggests that it may finally take off. We initiate coverage with a “buy” rating contingent upon Jaks successfully unlocking value in the Vietnam IPP project and monetising its mall.

We gather that CPECC was roped in quickly to enable Jaks to meet the financial closure deadline. CPECC has a strong track record and wide industry experience, which suggests that Jaks may have found a credible new joint venture (JV) partner, subject to fulfilling the conditions precedent under the JV agreement.

Vietnam is a fast-growing economy in which the industrial sector has been one of the key drivers of growing energy consumption, and has opened up opportunities for foreign investors to invest in power plants. Jaks is among only three players to have obtained the investment certificate for building an IPP, for which the management expects an internal rate of return in the mid-teens range.

With the award of the non-technical engineering, procurement and construction portion of the Vietnam project worth US$454.5 million (RM1.87 billion), the group’s outstanding construction work order book will expand significantly from about RM700 million to RM2.44 billion. Over the years, Jaks has actively expanded its construction business to win road infrastructure and water-related infrastructure projects.

Revised net asset value (RNAV) valuation suggests that the Vietnam IPP is the crucial driver. We derive the TP based on a 40% discount to our RNAV valuation of RM2. We believe the discount is appropriate to account for any uncertainty leading up to the financial closure on the Vietnam project.

However, should there be any hiccups to the Vietnam project (given the long history of this project) if CPECC does not move ahead with the JV, we estimate that the RNAV of Jaks would be 70 sen.

The key downside risk lies in a potential delay or inability to secure financial closure for the Vietnam project, as it is a significant component of Jaks’ valuation. Other risks include delay in monetising the shopping mall and slower-than-expected property sales. — Affin Hwang Capital, Aug 18

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2015-07-23 14:01 | Report Abuse

If sell PRKCORP , Sime valuation increase in the NAV.

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2015-07-23 13:32 | Report Abuse

SIME need money $$$$, want to sell PRKCORP.

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2015-06-30 12:40 | Report Abuse

Lai liau.....bonus issue and share split.

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2015-06-10 17:15 | Report Abuse

TP @ 4.00

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2015-06-10 17:12 | Report Abuse

maybe privatisation.

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2015-04-22 12:49 | Report Abuse

I told you before , cannot believe this 688888.

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2015-04-20 12:47 | Report Abuse

KUALA LUMPUR (Apr 20): Tenaga Nasional Bhd ( Financial Dashboard) advanced as much as 28 sen or 2% to RM14.72 after The Edge Malaysia business and investment weekly (Edge Weekly) reported that JAKS Resources Bhd ( Financial Dashboard) was offering Tenaga as much as 70% in a multi-billion ringgit power plant project in Vietnam.

At 9.51am, Malaysian state-controlled utility Tenaga (fundamental: 1.3; valuation: 1.8) erased part of its gains at RM14.60 with 777,900 shares done.

Tenaga was the second largest-gainer across the bourse. The stock was earlier the top gainer.

At 10:28am, Tenaga shares changed hands at RM14.62.

The Edge Weekly, quoting sources, reported that JAKS (fundmental: 0.5; valuation: 1.5) was courting Tenaga as a potential partner for the former's 2x600MW coal-fired power plant project in Hai Duong, Vietnam.

Edge Weekly reported that water-infrasrtructure specialist JAKS was in talks with Tenaga for the project, the construction portion of which, was estimated at about RM5 billion.

According to the report, JAKS is running out of time to achieve financial close for the electricity-generation project.

It was reported that JAKS had until October this year to achieve a financial close.

It is worth pointing out that JAKS had earlier secured two deadline extensions from the Vietnamese government for the project.

(Note: The Edge Research's fundamental score reflects a company's profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)

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2015-04-20 09:53 | Report Abuse

(吉隆坡18日讯)消息透露,捷硕资源(JAKS,4723,主板工业产品股)将寻找国家能源(TENAGA,5347,主板贸服股)合作,发展位于越南两座600兆瓦燃煤发电厂项目。
《The Edge》引述消息指,捷硕资源目前正与国能洽谈,提供该项目最高达70%股权给后者。
该项目价值数十亿令吉,而建筑成本预计达50亿令吉。
单独执行财力不足
消息人士透露:“捷硕资源取得融资方案以兴建发电厂的时间不多了。该公司已向越南监管机构取得两度延后限期的批准,而今年10月,将是提交融资方案的限期。”
该公司没有财力单独进行该项计划,但基于内部回酬率(IRR)至少达15%,所以并不想要放弃该合约。
消息人士表示,这也是公司需要前任合作伙伴武汉凯迪电力工程有限公司的原因。
去年,公司宣布,与武汉凯迪电力工程有限公司联营投资发电厂计划告吹,因后者无法符合协议的条件,导致协议失效。
“国能是否会参与该项计划,仍是未知之数,即便拥有不错的理由去接受该批股权。”
此外,捷硕资源与国能洽谈联手进行发电厂项目,也导致股价近数周大涨。
该股从4月2日至本周五共激增46.3%,收在79仙,创去年7月以来最高水平。

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2015-04-16 14:03 | Report Abuse

688888 already bye bye.. he share sold liau.

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2015-04-14 18:08 | Report Abuse

688888, you ask us to hold and buy.......then you easy to sell ???

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2015-04-13 13:22 | Report Abuse

Bonus issue ..... I already know one week ago.

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2015-04-11 14:30 | Report Abuse

(吉隆坡10日訊)JAKS資源(JAKS,4723,主要板建築)晉升為房產業者,管理層相信這是未來主要盈利成長推動力,不過該股目前在低于1.03令吉賬面價值水平交易,仍有揚升空間。

 艾芬黃氏資本研究指JAKS資源低調建立房產業者身分,其中未進賬銷售達7億3000萬令吉,管理層預計這項業務將推動公司未來營業額成長。

 目前JAKS資源有2項主要房產發展工程,價值約30億令吉,同時積極開拓新地庫以持續未來發展。

 過去,該公司活躍于擴大建築業務,尤其是道路基建和水務相關基建工程。JAKS資源手上有15億令吉建築訂單,報告也看好建築工程訂單將提供穩定收入來源。

業績顯著轉盈

 另外,水管業務對JAKS資源營業額貢獻少于20%,可是管理層認為這門生意仍有潛能。該公司相信中央政府和州政府解決法律問題后,將可開始國內水管替代工程。

 針對越南電力工程,該公司管理層有信心長期可實現財務結算。不過報告沒有列明此計劃潛在風險,JAKS資源至今已在有關工程投資1億4000萬令吉,若無法為工程套現將涉及減值收費。

 該公司2011財年業績虧損后,至今已顯著轉虧為盈。以估值而言,JAKS資源在低于1.03令吉賬面價值水平交易。

 JAKS資源早盤以63仙開市,之后一度揚升至64.5仙,休市報64仙,起1仙;該股閉市掛65仙,起2仙,成交量896萬2800股。

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2015-04-07 18:09 | Report Abuse

Propose Bonus Issue coming soon.

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2015-04-01 09:51 | Report Abuse

I know your 2nd step is Propose Bonus Issue .

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2015-03-28 14:22 | Report Abuse

Haha... got special dividend .

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2015-03-19 13:18 | Report Abuse

I am investor ..... New from insider.

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2015-03-17 12:26 | Report Abuse

Now Oji audit Orna account , coming soon good new.

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2015-02-09 12:15 | Report Abuse

Oji Japan takeover ??

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2015-02-04 18:05 | Report Abuse

Bonus Issue coming soon..

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2015-01-21 17:34 | Report Abuse

Yennie, your melaka information is Bonus issue or takeover ?

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2015-01-13 13:10 | Report Abuse

Japan Oji want buying Orna soon . Buy more Orna now.

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2015-01-12 14:03 | Report Abuse

Buy.. Buy.. Buy.. Special dividend coming soon @ RM 1.00 per share

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2014-10-04 13:44 | Report Abuse

Buy Buy.....TP 6.00 believe me ya....

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2014-10-04 13:41 | Report Abuse

To all, what i said earlier was true .... Bonus 1 : 1 Haha....

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2014-09-13 14:21 | Report Abuse

OSK take over PJDEV or OSK Prop announcement soon.. Buy now.........

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2014-09-13 14:02 | Report Abuse

Dear All , remember i told you on 30/8/2014 BONUS Issue !....Buy now.
Going to come out.....

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2014-08-30 14:07 | Report Abuse

Buy... More goodies to come, 1 for 1 Bonus issuance.

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2014-08-30 13:22 | Report Abuse

Buy.. Coming soon 1 to 1 Bonus issuance.