And they managed to be prudence on evaluating their projects; to hold back, scale back and even reduce the level of activity. Moreover, they are distributing to the shareholders for the excess cash after repayment of borrowings & allocation of sufficient working capital. This is a testament of good management

What I can say that their projects' margins were not what they expected in previously due to tough local regulations & escalation of costs due to delays during the pandemic. But they managed to deliver all the projects in the UK & AUS and is ready for the 2nd phase of growth once the housing market and construction costs are stabilised

Don't against the direction of the wind. It is heading to the north & not south

Let's break 26.5 and above 30 cents soon. Keeps the leap of faith. Nibble more, worry less

Rotation play. The time for JAKS is coming. The big players are coming after draught for so long. Don't sell low. Minimum TP is 35-40

Leap of faith. We shall see the silver linings in JAKS

Stay tight on this. Don't sell this at low price. At least 35 cents

As long as they can build the story from its RE & energy business, the question about funding by the banks is no longer an issue. See how it goes

Also ignore those naysayers. They are just the little dots in your life. Whether u want to connect them or stop them (just silent)

I think I learnt is don't fight with money. If you want to see bad financials & cash flow, check on Ekovest & yet the share price keeps going up

We all know the issues with Group. But now we try to see how they can minimise the impact. So far it seems that we can see more viable prospects. Cash flow is a concern but it the banks willing to lend them, this can be minimised

Like what we advocate. Don't try to fight the direction of wind. Just use it

It will trigger bad reputation to the Group if it is not manage properly

Many IPO investors are suffering huge losses since its IPO. It seems that there were huge sell down by the promoters, management team and staff after the listing & lock-in period. It is starting to give an impression that this IPO is merely an avenue for the major shareholders to cash out their investments.

The distribution of 900m when GBP to RM was RM5.20. Now is around RM5.95 & they managed to expedite on their sale of unsold units. We can expect another round of distribution after this of around 15 to 17 cents

But not many people are aware of its potentials & tailwinds. That are the missing pieces

We all are well aware of all the issues be it, cash flow, legal tussles, governance, high salaries & remunerations of the management team, loss-making property investment segment

Many people were cursing YTL & YTL Power back then without having in depth knowledge and understanding of their businesses. Fast forward, within 6 months both counters already up 130 - 140%. Who is getting the last laughter now

You can go wrong with a concession business in Vietnam when it is the fastest growing economic nation in ASEAN. They are in dire need of energy for its industries

When all the counters up, the next is gonna be JAKS. Even Ekovest with high debt & loss-making highway concessions also now breaking 2-year high. 30 cents is easy peasy

This is a black sheep but it has an impeccable taste. Delicious

To those naysayers, don't waste your time being critical at the wrong channels. We all know the issues in this Group but now we are finding its silver linings to earn profits. Let's be rationale and make money together

Maiden dividend is imminent. 19/19.5 just eat. 25 cents to 30 cents can be easily achieved

No point ranting. Same as advise - don't sell low. Channel your exasperation to the right channels. Follow the wind & win big

Every dog has its day. Every cloud has a silver lining. What we can do is to endure and wait patiently till the day comes. But it is coming soon, very soon

Just mark my words. Don't sell at low.

My advise is to wait till you get the value of RM1.20 (share price + dividend). That's a ballpark valuation as per the IPO price & min you should be getting. We all know the headwinds but now we need to learn to see the tailwinds, especially the potential upside and gains. Black or white cat as long as you can gain big is a good cat.

The dividend is paid from the sales proceeds of its projects in the UK hence, it is in the ordinary course of business. Not from disposal of its businesses like in the case of Pelikan

Now we are just valuing the Group based on its dividend payouts. We haven't add in its business & recovery growth, which I believe worth much more

To move the needle to extract RM1.20 value is highly probable as some uncertainties already eliminated. Be pragmatic and hold on to your investments. Time will tell but I'm highly confident on this

I believed this Group is related to Public Gold so the bulk of sales is from PG; left pocket to right pocket as you can't see the strong presence of their brand and outlets in Malaysia unlike its peers in gold industry. Already more than 3 years since their listing in LEAP and yet they haven't been transferred to the ACE market. Moreover, their major shareholders involved in many scandals in the past

Like what I'm saying. We know the issues with the company but at this price point it is low risk. To gain 50% is not impossible. Just ignore the naysayers and voices.

If you're holding at higher price points above 50 cents, possibility can be a permanent loss. But what is the downside of current price

I never say is a good company. There are many issues; be it the governance, cash flow and its erratic earnings. But it is ripe for upside

Don't worry too much on this stocks. 2 types of fallacy in investing; overthinking / over analysing and buy something that you don't understand. At this price level, it is a low risk play. All the naysayers, I will prove my point. Thank you ;)

For now, the catalyst is for the Group to expedite its capital repayment of RM900m to RM1b

But investment comes with a risk. Hopefully, the day will come when it can be able to recoup its RM2.4 b capital invested. Keep the leap of faith going

To be objective, the view of RISK8888 is not wrong. The Group indeed achieved negative returns for its shareholders. RM2.4 b has been invested in the Group for its projects in the UK and AUS & so far they have not recouped the capital from the IPO shareholders 7 years ago

The benefits from JHDPP & LSS4 are currently enjoy by the directors & management team. So far, the shareholders receiving nothing but negative value

It is absurd for the MD and it's management team to receive on average RM10m & RM1m/person for the non performance. It is unhealthy practice & without skin in the game (the Group's financial performance is not in tandem with its high remunerations). Their remunerations are even higher than the top 10 listed companies in Malaysia. But JAKS is only a tiny RM400m Group

The grant of free shares need to be halted as the Group is not performing, with RM131m of impairment in receivables and legal tussles. And is share price is at all time low.

https://klse.i3investor.com/web/blog/detail/TimelessInvestment/2023-07-10-story-h-246424046-JAKS_Resources_Berhad

https://klse.i3investor.com/web/blog/detail/TimelessInvestment/2023-07-10-story-h-246424046-JAKS_Resources_Berhad

the first phase is not really much returns for the shareholders even though they already generated sales of RM15b but at least they already built their strong presence in the UK

I can say at least what they are doing is in the interest of the shareholders. No reason for keeping large warchest unless you can yield good returns. So playing safe & distribute the excess of at at least RM1b augurs well for the shareholders. The rest is how they are going to play on the 2nd phase of growth so that the IPO shareholders can recoup their investments

No point holding to cash unless they can seek get at least mid-teen return on its projects which is tough with escalating building materials costs

Regardless at this level, it is still a bargain. At least, they did right by distributing the profits back to the shareholders while being conservative on its plans. For the capital they raised, at least they already build a strong presence in the UK for both outright and BTR markets. Now is looking whether on the 2nd phase of growth to capitalise on its expertise, accolades and reputation to bring it into the next levels

But is what we are advocating for all these years, to recoup capital to repay the shareholders. Going forward, is not easy but if they can capitalise on their expertise, brand, reputation and partnerships to move into another phases of growth then perhaps we can see much more upside in this investment. Perhaps, one day we can finally recoup RM1.20 or more

No rights issue for the subscription of 10% interest in JHDPP. They are looking into other options

Many promoters here now already gone. This company is a big disappointment

The only way to get out of this is monetise their 5,300 towers