JAKS RESOURCES BERHAD

KLSE (MYR): JAKS (4723)

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Last Price

0.13

Today's Change

0.00 (0.00%)

Day's Change

0.13 - 0.135

Trading Volume

626,900


41 people like this.

64,973 comment(s). Last comment by MrFox 7 hours ago

OOMMGG

678 posts

Posted by OOMMGG > 2021-10-08 21:58 | Report Abuse

Hopefully can better than previous quarter at 40 to 45 millions from power plant alone

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-10-09 08:23 | Report Abuse

35 cent....OMG.
whoever suggest that need to check their brain,
The Only reason that it will still pumping down...
IS
Shortist

Bugger them

OOMMGG

678 posts

Posted by OOMMGG > 2021-10-09 10:33 | Report Abuse

Many years back this shortist is in Armada i3 forum at the time when Armada is facing one of his worst hardship. He was using usual tactic doing his charity work by sharing his knowledge & opinion on oil market and Armada to gain trust on him.

Slowly and gradually his unveils his true color by pin point the weakness and problem in his sharing, exaggerate it to the impression that Armada is in serious crisis with irreversible technical problem in FPSO and imminent debt default. All his sharing looked so natural and no pretentious traces at all. However all his fear mongering never happen in later. Armada managed to sail through and resurrect later with all major problem resolved. Today we can witness by our own eye Armada is one of best oil performer among oil stocks.

There is the reason why we are too mercy on shortist and never reveal their identity:

They are too good to hide under their charity work by sharing their knowledge which convinced the most. Once trusted one not easy to discover his skewed sharing in later.

Unfortunately those trusted him has to do charity work back by selling cheap stock to him at cutthroat price.

The shortist change their move, tactic from time to time by adapting to environment to avoid being discovered with their inferior motive. They are agile, knowledgable, adaptive and good at defending their act and opinion. Many will unawarely lead to believe and follow them blindly if not equipped with sufficient knowledge or understanding of a company. A good example is Armada case in past, and now they are coming to Jaks , Asiaply and many others by fear mongering leveraging on current economic hard time.

If there is chance of shortist to come out defending himself due to my current comment then you’ll witness how smart of their defence system. Their defending will leave you hardly to believe that they are shortist and even believe that they are right, honest in their sharing and l ‘m the one misconstrue and at wrong on them.

Doesn’t matter how good their defending, one for sure they will never admitting their identity as shortist. Admitting to it equivalent to losing their credibility in unbiased sharing which may lead to many distrust and causes early ending of his shorting works. As aforesaid, he/ shortist can’t making a living without shorting. It is true as shortist rice bowl is making via shorting stock.

To all before sell at current cut throat price, please think twice before buy in fear mongering pitched by shortist.

Do enough your research and study to lead your decision. In desperate time always refer to someone who is close and trustworthy. Never refer to unverified info blindly. They are many unscrupulous human out there in i3 whereby in their eye there is no wrong of their unethical act/work to get trust of people, exploit and manipulate it to their advantage at the expense of other. To them as long as making money the rest is unimportant. Unethical or not is not up to their conscience to care about. To them this is the money world, the way of getting money is not important. As long as you rich you get the most respect and stand tall.

The one that you can trust most is yourselves. You can decide your hard earned money wisely if you focus, calm, patient and do proper study and research .

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-10-09 10:52 | Report Abuse

Well said...!

OOMMGG

678 posts

Posted by OOMMGG > 2021-10-09 10:59 | Report Abuse

I’m not doing the charity work here or in return expect any charity work back from you. It is only aim for sharing to those who just join stock investment or newbie in i3 for better understanding the real scenario in i3. Shortist is in every corner of i3. Just be cautious, verily the validity of info /opinion before make decision.

OOMMGG

678 posts

Posted by OOMMGG > 2021-10-09 11:12 | Report Abuse

Below is verified information regarding hiking coal price impact on Jaks profit. It is shared before and l reshare again in case those still doubtful on it. This reply is from trusted source and verified as authentic reply from IR Jaks. It is crime act if one falsifying the reply from IR Jaks:

*************

We are pleased to inform that the increase in price of coal will not affect the profit of the Vietnam power plant, as the coal are sourced locally and thus not subjected to global price fluctuations, and the costs are passed through to the off-taker.

Hope the above clarifies.


Regards,

IR@JAKS

OOMMGG

678 posts

Posted by OOMMGG > 2021-10-09 11:15 | Report Abuse

Make a report to authority if l falsifying the statement from IR Jaks.

Sslee

6,817 posts

Posted by Sslee > 2021-10-09 11:27 | Report Abuse

I do not understand, if you are true believer of JAKS and are sure Jaks will be at least RM 1.50 in two year time, shouldn't you welcome shortist to short it down so that you can collect cheaply.

In i3, I always beleive in welcoming different and diverse views/opinions so that we can have a debate on each other view/opinion.

But to label others that have different view/opinion with you as enemy of Jaks or shortist without any evident is a wild accusation and conduct unbecoming of an investor and a gentleman.

Puremind

28 posts

Posted by Puremind > 2021-10-09 12:55 | Report Abuse

Don't know why my comment had been deleted by someone purposely?

OOMMGG

678 posts

Posted by OOMMGG > 2021-10-09 13:01 | Report Abuse

Sslee, welcome to debate with open minded and for the save of benefiting of creating good debating environment. You

Overall we are still far from this level as selfishness dominated and one has tended toward sharing for his own interests. The debating is rather toward unproven fact which aim for creating speculation and leading toward achieving one’s ulterior motive. I’m not implying you in this category.....

Most of here with knowledge choose to be silent as they opinionated that no point to elaborate more as this won’t change the overall environment. I’m rarely comment in i3. Many wonder once l’m here why l only pick on someone ...

Puremind

28 posts

Posted by Puremind > 2021-10-09 13:03 | Report Abuse

OOMMGG/ Ah Seng, well said. You have all my respect. Thank you for speaking out the truth. Berani Kerana benar!

OOMMGG

678 posts

Posted by OOMMGG > 2021-10-09 13:10 | Report Abuse

SSlee: In i3, I always beleive in welcoming different and diverse views/opinions so that we can have a debate on each other view/opinion.

I’m afraid this will use by someone as a solid reason to exploiting and manipulating the poor informed investors. How true of diverse view/opinion? The unproven fact of diverse view can easily skewed toward for creating speculation and fear mongering....

OOMMGG

678 posts

Posted by OOMMGG > 2021-10-09 13:18 | Report Abuse

Sslee, have you put your slightest efforts of questioning why someone derive the fair price of Jaks at 35 cents ?

I think you’re not interested to know even bother to know how to derive it because as you said before you have no position in Jaks. Same thing if you have interests in Jaks would you question someone why and how his derive Jaks at this level?

OOMMGG

678 posts

Posted by OOMMGG > 2021-10-09 13:21 | Report Abuse

This is human being, l’m not say l don’t behave in the way you respond to someone deriving Jaks fair price at 35 cents

i3lurker

14,391 posts

Posted by i3lurker > 2021-10-09 13:28 | Report Abuse

sslee

please see the movie "Casablanca"
There is a scene where someone is warning Suiyee Sucker Bilis to be careful of pickpockets.

Casablanca is one of those movies you have to see before you die

OOMMGG

678 posts

Posted by OOMMGG > 2021-10-09 13:31 | Report Abuse

I believe you are not satisfied with BOD of Jaks from my observation in your comment so far. Well don’t let your emotion confuse your sense of judgement. If you discard you dislike elements and change to neutrality you may better than all of us in judging the Jaks potential.

OOMMGG

678 posts

Posted by OOMMGG > 2021-10-09 15:04 | Report Abuse

Take pride in yourself? Not enough? May share again how much affluence you accumulated via shorting in bursa?

Still have 7 cents to go down to 35 cents, if you really want to take pride yourself or boost your ego , please show to all your powerful shorting skill to make Jaks down to 35 cents in next week. If you succeeded many may follow you and you will become respected shortist in bursa.

OOMMGG

678 posts

Posted by OOMMGG > 2021-10-09 15:09 | Report Abuse

I’m glad to meet you at 35 floor

OOMMGG

678 posts

Posted by OOMMGG > 2021-10-09 15:20 | Report Abuse

I3lurker: I win money, every second money pours into my bank accounts

That is good thing, even good to win until 35 floor.

Posted by fluffyclouds > 2021-10-09 20:16 | Report Abuse

of all the gin joints ...your here as well ! Is shorting position beginning to hurt @ i3luker ? Maybe time to buy in and ride the other way ? Here looking at you kid!

Sslee

6,817 posts

Posted by Sslee > 2021-10-09 22:34 | Report Abuse

Haha i3lurker,
Not many people can understand your sarcastic way of warning Suiyee Sucker Bilis to be careful of pickpockets. Or in Bursa many pump and dump syndicate working with insider to rob newbies or even oldtimer KYY.

Anyway by next year annual report we will know what are the JHDP financial performance, no need to speculate or do so many calculation/simulation/guesswork.

OOMMGG

678 posts

Posted by OOMMGG > 2021-10-09 23:44 | Report Abuse

Human is not perfect.
If you dislike something, no matter how good it is still be treated like trash. Vice verse if you like something no matter how bad its look like even a trash , you will still unconditionally love it.

There is a thorn in your eye making you selective in choosing the one you like while rule out the goodness in other which you don’t like.
The one you befriending is clearly like to “dump” but you instinctively choose not knowing & keep in good term . The other one which caused your bad memory always is at your centre of blame.

mita29

1,064 posts

Posted by mita29 > 2021-10-09 23:46 | Report Abuse

The fact is Oldtimer kyy "robbed" himself & others with margin call. Sslee Why do you try to spread false rumor here? Being a short seller does not give right to spread false info.

https://koonyewyin.com/2018/12/08/jaks-my-most-expensive-mistake/

"We had to sell to meet margin calls. The more we sold the more the price would drop. Forced selling is a vicious cycle."

OOMMGG

678 posts

Posted by OOMMGG > 2021-10-09 23:46 | Report Abuse

Sorry if l hurt you with my blatant as this is what l observed so far.

OOMMGG

678 posts

Posted by OOMMGG > 2021-10-10 00:05 | Report Abuse

Isn’ the game started by KYY? Dog eat dog pointless finger point to other

Sslee

6,817 posts

Posted by Sslee > 2021-10-10 08:54 | Report Abuse

You are right it is a dog eat dog world. So if insider can eat KYY what prevent insider eating the minority shareholders alive?

So is the current low due to someone had to sell due to margin call?

enning22

2,932 posts

Posted by enning22 > 2021-10-10 09:19 | Report Abuse

cost of coal in world market has skyrocketed, could have impact on the earning from vietnam electric power project.

mita29

1,064 posts

Posted by mita29 > 2021-10-10 10:58 | Report Abuse

Cmon you were trying to create a victim narrative for kyy when the opposite is the truth. He even admitted it on his blog that it was the margin call (excessive margin financing) that crashed the price. Are you shorting jaks massively together with maybe kyy and his gangs? maybe that could be the reason jaks reached the current low despite 2 positive quarters.

mita29

1,064 posts

Posted by mita29 > 2021-10-10 11:02 | Report Abuse

From KYY " I believe I can make back some money using my golden rule for selecting shares- the company must report increasing profit for 2 consecutive quarters."

Jaks has reported increasing profit for 2 consecutive quarters, it's time to go long loh .... 0.43 is really cheap thanks to Shorties... Lol

mita29

1,064 posts

Posted by mita29 > 2021-10-10 11:19 | Report Abuse

How low can you go Jaks? how low?

GENER

224 posts

Posted by GENER > 2021-10-11 10:04 | Report Abuse

welcome back JAKS

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-10-11 13:18 | Report Abuse

hahaha...now 45 cent NOT 35 cent.
Naysayers or Shortist must be running out of Moolah to pump lower.
kakaka

Citadel666

535 posts

Posted by Citadel666 > 2021-10-11 13:19 |

Post removed.Why?

Aseng

8,633 posts

Posted by Aseng > 2021-10-11 15:03 | Report Abuse

On a separate note, due to the recent fluctuation in coal prices, JAKS would like to give assurance that the
fluctuations will not impact the Group’s profit generated from JAKS Hai Duong Power Plant in Vietnam as
coal prices are passed through to the off taker, Vietnam Electricity. The coal supplied to the power plant is
entirely sourced locally, via the coal supply arrangement signed with Vietnam National Coal-Mineral
Industries Group, commonly known as Vinacomin, to ensure a stable supply of coal for 25 years. In light of
this, JAKS is not exposed to the risk on the global coal price fluctuations.


https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=119335&name=EA_GA_ATTACHMENTS

Aseng

8,633 posts

Posted by Aseng > 2021-10-11 15:05 | Report Abuse

when we are talking about fact there is nothing t fear or argue

IronShirt

3,178 posts

Posted by IronShirt > 2021-10-11 15:15 | Report Abuse

The way i see it Andy Ang knew Vietnam power plant will has shortages of Coal....Vietnamese
is one of the most cunning "snake head" in South East Asian. If worldwide shortage in Coal means
Coal price will Rocket ( already), you really believe Vietnamese donT know how export thru
Chinese Middle Man.....Vietnamese corruption index is rated at 36 while Malaysia is rated at 57
( higher better )....Just figure it out for yourself

Aseng

8,633 posts

Posted by Aseng > 2021-10-11 15:15 | Report Abuse

ALP and all the substantial shareholders know better than anyone here , the best way to enlarge their wealth is the through the share price . that is the purpose of listing for expansion .

Puremind

28 posts

Posted by Puremind > 2021-10-11 15:17 | Report Abuse

Berani kerana benar!

Aseng

8,633 posts

Posted by Aseng > 2021-10-11 15:21 | Report Abuse

many retailers are misinformed or misled to believe that the management is only interested to enrich themselves through ESSOS or fat salaries .
the fear of further fund raising is another big misconception of most retailer if it is applied blindly without a calculation how much is the value it will be created created

Aseng

8,633 posts

Posted by Aseng > 2021-10-11 15:28 | Report Abuse

IPO is the Biggest fun raising . if all fund raising are bad , will you have any listed company to invest ?

Aseng

8,633 posts

Posted by Aseng > 2021-10-11 15:31 | Report Abuse

there is a chines saying 工字不出头 (your salary and allowance will never make you rich )
do you believe the substantial shareholders of a company will be the richest in the world if their shares price remains at the bottom

Aseng

8,633 posts

Posted by Aseng > 2021-10-11 15:39 | Report Abuse

most retailers think , the BOD can pay themselves whatever salary they like .

this is true unless the minority shareholder , the Securities Commission are deaf and blind .

you may disagree but you are contradicting yourselves because you are still heavily invested in the land you said it is hopeless

Aseng

8,633 posts

Posted by Aseng > 2021-10-11 15:42 | Report Abuse

many time we fail in our investment

not because we are unlucky

it is because we use common sense to argue not fact and data

the rising coal price is a good example to prove many who use their common sense to argue wrong

Aseng

8,633 posts

Posted by Aseng > 2021-10-11 15:44 | Report Abuse

IronShirt// The way i see it Andy Ang knew Vietnam power plant will has shortages of Coal....Vietnamese
is one of the most cunning "snake head" in South East Asian. If worldwide shortage in Coal means
Coal price will Rocket ( already), you really believe Vietnamese donT know how export thru
Chinese Middle Man.....Vietnamese corruption index is rated at 36 while Malaysia is rated at 57
( higher better )....Just figure it out for yourself



the way i see it is many do not know what are you talking about .

Aseng

8,633 posts

Posted by Aseng > 2021-10-11 15:56 | Report Abuse

you really believe Vietnamese donT know how export thru
Chinese Middle Man...


they export to China or they import from china ?

if they can export to china , then they must have excess and the price can not be expensive in Vietnam

if they import from china , then they have sufficient coal to use

have you done a study how much coal is export or import from china each year through the middle man ?

Aseng

8,633 posts

Posted by Aseng > 2021-10-11 15:57 | Report Abuse

Vietnamese corruption index is rated at 36 while Malaysia is rated at 57
( higher better )....Just figure it out for yourself

so it is good to invest in Vietnam .
therefore Jaks is right

IronShirt

3,178 posts

Posted by IronShirt > 2021-10-11 16:25 | Report Abuse

You donT know meh...China Coal buyers has Sapu All Vietnamese Coal for next 6 months...
China need today Not tomolo...nearest port is Saigon and Haipong....Australia, American, South America Coal need 35 days of Transportation Time.....Many of my clients factories had Stop-work 2 weeks ago in China

Aseng

8,633 posts

Posted by Aseng > 2021-10-11 16:32 | Report Abuse

I see ......
you mean there is acute shortage of coal in China .
Vietnam has excess of coal to supply China .
am I right to say so .

IronShirt

3,178 posts

Posted by IronShirt > 2021-10-11 16:35 | Report Abuse

Vietnam Power plant has to reduce or "stop operation" when all its local coal are exported
bcos of very Good China price

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