JAKS RESOURCES BERHAD

KLSE (MYR): JAKS (4723)

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Last Price

0.13

Today's Change

-0.005 (3.70%)

Day's Change

0.13 - 0.135

Trading Volume

5,288,900


41 people like this.

64,972 comment(s). Last comment by Mikecyc 4 days ago

Just88

494 posts

Posted by Just88 > 2023-01-04 08:44 | Report Abuse

Yes, he said he was working with KPMG Singapore

firehawk

4,782 posts

Posted by firehawk > 2023-01-04 10:14 | Report Abuse

When Isaac Newton lost heavily in "South Sea" he said, 'I could calculate the motions of the heavenly bodies, but not the madness of the people.'

After all, he was a physicist, his knowledge was not related to investment, just not sure what an accounting auditor would say?

firehawk

4,782 posts

Posted by firehawk > 2023-01-04 14:55 | Report Abuse

Sslee

Aseng exit plan is TP 1.50 or 2 year from COD whichever is earlier.
Another month time to 2 year from COD, what has happen?
-----------------------------------------------------
Wasn't he once saying want to be your neighbour? what happened later? did he contact you for further arrangement?

curiousq

1,084 posts

Posted by curiousq > 2023-01-05 09:48 | Report Abuse

many group member earning 20% in last 2 round, now waiting 3 round

curiousq

1,084 posts

Posted by curiousq > 2023-01-06 16:20 | Report Abuse

copy from group mssg: will reach 0.50 on 29Feb2023

KingJOO

259 posts

Posted by KingJOO > 2023-01-07 14:03 | Report Abuse

I am Aseng ,
some technical problem arises that unable me to post any comment here after I had change my email to my real one .

KingJOO

259 posts

Posted by KingJOO > 2023-01-07 14:08 | Report Abuse

we did not make any money here so far but we learn a lot of expensive and valuable lessons, for me it is worth the money I spent. I hate to share with you my successful stories because I know it wont makes you feel any better from the deep disappointment and frustration in your long haul painful battle . I am still holding my portion of jaks and I still believe what I am doing is right . the reason I am willing to wait is still valid .

Posted by Asengkianjoo > 2023-01-07 14:35 | Report Abuse

. I am an agriculture man , I had planted rubber , durian and now most of my plantation are planted with matured oil palm. none of the businesses or investment that I had involved , do not need borrowing from banks and a long haul waiting . my business does not allow me to do PP because It create more problems than assistances. so financial cost is the prize I got to pay if I do not want others to have a say in my business.

Posted by Asengkianjoo > 2023-01-07 14:37 | Report Abuse

but Jaks is different, after the PP ALP still has the full say but no say in the shares price if the other partner do not see any profit after a period of time . so.... Is PP good ? for the business it is certainly a good thing . if not ,no directors of a company is that no brain to pay a high expenses to do so and had his sharesholding diluted and more pressure from the close partner.

Posted by Asengkianjoo > 2023-01-07 14:37 | Report Abuse

. Jaks investment is certainly not an easy play , it needs more lucks than skills but no doubt a right investment because we can see the additional 10% equity subscription in the cash generating power plant and the local property business breakeven are indeed a strong catalyst to see our begone big paper gain comes back. we must have faith in what we believe like a suffering christian's belief in Christ. I choose to keep quiet because I have nothing new or good to share. do you feel better if I were to tell you how my rubber , durian and oil palm grow taller ?

currently Jaks is already at its historical low unlikely to go further low . the prospect of seeing the local business breakeven is getting brighter and brighter . the time for the additional 10% power plant equity subscription of is getting closer and closer. in reality earning improvement or company performance has more say than the trustworthiness of the directors .You witnessed it yourselves, when SB share price is hot , nobody care Kalim is trustworthy or not trustworthy. I am getting my bullet ready to pratice the wisdom : when other are fearful , we must be greedy . how about you ?

Posted by Asengkianjoo > 2023-01-07 15:15 | Report Abuse

my dear friend ,

my exit plan matured in August 2023 after the release of the second quarter result .
but I do not know where to park my extra cash then , so I may extend the mature period until i see no hope of the better income revision.

shares trading is a battle of who has extra cash . that is why WB is successful in his trading . no worry of no money for a better buy

now you see , some of the sifu here had made themselves looked so no brain when they tried to prove me wrong with their xxxxx mentality

Sslee

Aseng exit plan is TP 1.50 or 2 year from COD whichever is earlier.
Another month time to 2 year from COD, what has happen?

3 days ago

Posted by Asengkianjoo > 2023-01-07 15:21 | Report Abuse

firehawk,

still struggling to prove who is right or wrong

a wise man or a successful man will have no time for that

to bring down a person doesn't make you look taller .
but, you need it to satisfy your own low ego

Sslee

6,812 posts

Posted by Sslee > 2023-01-07 20:19 | Report Abuse

I believe Aseng did not make any money by taking advantage of others when he promote his TP of RM 1.50.
Unfortunately some do make use of Aseng to take advantage of others:
curiousq Actually there are many sifus in i3 earning a lot of money, those lost huge amount of money have been disappeared and don't want to play shares anymore
28/12/2022 3:26 PM

I can only fault those who gave the idea of TP 1. 50 to Aseng without consideration that Jaks is badly managed and for the past many years generating negative cash flow and depend on almost yearly cash call RI and PP to get going and caused share value dilution.

The current NOSH is 2,042,317,607 and oustanding warrants:
Total number of issued securities : 171,488,238 Warrants B
Voting Right : No voting rights
Exercise Price : RM0.34
Maturity Date : 13 December 2023

Total number of issued securities : 525,564,900 Warrants C
Voting Right : No voting rights
Exercise Price : RM0.49
Maturity Date : 18 November 2025

brightsmart

3,784 posts

Posted by brightsmart > 2023-01-07 20:35 | Report Abuse

sslee, jaks is so dated.................come here https://klse.i3investor.com/web/forum/forum-thread/608437529

firehawk

4,782 posts

Posted by firehawk > 2023-01-07 22:21 | Report Abuse

Facts,
1) when someone said something not materialized, has to eat his words (what he said before) ..... he will talk 3 talk 4 to divert the focus.
2) so shock that, those multiple, lengthy, repeated promotion postings, which defined the TP and time frame, were all deleted.
3) registered new IDs to continue argue and tell stories

I saw the below advice when I tried to check old postings, thanks gary !
2021-11-04 18:58 | Report Abuse
garychee8 Firehawk..no point arguing with this old crap..he is the greatest trader here..everyone is wrong except him..but i wonder who got trap in Jaksai????? sudah lah, berambus fr this forum and i am sure jaksai will fly...
04/11/2021 10:58 AM

curiousq

1,084 posts

Posted by curiousq > 2023-01-08 08:19 | Report Abuse

don't put the fault on sifu loh ..... not fair loh, only know blame other people

Just88

494 posts

Posted by Just88 > 2023-01-08 08:39 | Report Abuse

There are people who always blame others for their own failures. Why blaming others for their own decisions ? Why they even trusted someone totally unknown to them ? Learn from their mistakes is the only path to advance in investing. First thing they should know is that there is only 5% investors who can make money from stock market. If luck is what you count on to get rich from stock market, then you really need a lot of luck. Most people are here in i3 to take advantage of this platform to achieve their ulterior motives. Just a very few are truly sharing. So next time think twice before you decide to trust anyone in i3.

BLee

886 posts

Posted by BLee > 2023-01-08 10:20 | Report Abuse

@Just88 > 1 hour ago..
There are people who always blame others for their own failures. Why blaming others for their own decisions ? Why they even trusted someone totally unknown to them ?... Most people are here in i3 to take advantage of this platform to achieve their ulterior motives. Just a very few are truly sharing. So next time think twice before you decide to trust anyone in i3.

BLee: Hi @Just88, a very good comments. A Chinese proverb which I like to add:
zhī jǐ zhī bǐ , bǎi zhàn bǎi shèng
知 己 知 彼, 百 战 百 胜
This proverb advises: Know both yourself and your 'friend' in order to enhance your strong points and understand his weak points. That is the secret of victory.

I have had queries Mr.DK on his posting especially on the $ flow diagram trying to understand fully..I think most of the answer can be found in that diagram. Although Mr. DK had deleted this diagram, I think can still be found in some other duplicated (Jenny?) postings.

Happy Trading and TradeAtYourOwnRisk

Sslee

6,812 posts

Posted by Sslee > 2023-01-08 10:49 | Report Abuse

https://klse.i3investor.com/blogs/Sslee_blog/2023-01-04-story-h-301981508-Hengyuan_HRC_Q3_2022_financial_report_enquiry_Part_II.jsp

I make a mistake on my calculation on HRC Q3 financial result based on public available crack spread data. I readily offer my apology and will hold the BOD and Management accountable and answerable.

Sslee

6,812 posts

Posted by Sslee > 2023-01-08 15:12 | Report Abuse

Summarised financial information of the Group’s material joint venture i.e. JAKS Pacific Power Limited and
its subsidiary company (“JPP Group”) is set out below:
(a) Summarised adjusted statements of financial position
JPP Group
2021 2020
RM RM
Cash and cash equivalent 999,486,387 434,151,867
Other current assets 650,115,103 428,863,339
Non-current assets 7,479,624,542 6,664,587,571
Current financial liabilities
(excluding trade and other payables and provisions) (608,182,196) (213,664,588)
Other current liabilities (1,380,386,041) (1,154,468,657)
Non-current financial liabilities
(excluding trade and other payables and provisions) (4,720,926,257) (4,509,175,118)
Net assets 2,419,731,538 1,650,294,414


Interest in joint venture 30% 30%
Group’s share of net assets 725,919,462 495,088,324
Share of other net asset changes (15,025,104) (17,353,089)
Goodwill 3,826,062 3,826,062
Carrying value of Group’s interest in joint ventures 714,720,420 481,561,297

Summarised adjusted statements of profit or loss and other comprehensive income
JPP Group
2021 2020
RM RM
Adjusted profit for the financial year, representing total comprehensive income for the financial year 469,043,075 12,543,676
Included in total comprehensive income are:
Revenue 3,011,637,528 1,778,620,476
Amortisation/Depreciation (296,585,635) (673,752)
Interest income 1,736,511 4,003,064
Interest expense (275,461,575) (19,292,676)
Taxation (1,530,307) -

curiousq

1,084 posts

Posted by curiousq > 2023-01-08 19:20 | Report Abuse

on 29Feb2023, if cannot reach 0.50, I will not talk3 talk4 loh, will admit I'm wrong loh and apologize on that day too!!

Posted by ValueInvestor888 > 2023-01-09 12:44 | Report Abuse

Listen to Aseng promotor of Jaks last 2 years, many poor investors would have lost their pants many times.

Jaks is at its historical low price. Current price should have been priced in all negative news including bad mgt. Those who have yet to cut loss, should wait for price to recover. No way TP RM 1.5 is realistic after so many rounds PP and RI. Perhaps 50 sen is possible

Posted by Asengkianjoo > 2023-01-09 14:15 | Report Abuse

Valueinvestor888,

lost their pants many times ?
have you lost your pant?
if not, why should anyone here had lost his pant?
my sincere sharing is accompanied with an exit plan
my sincere sharing was made when the price was beaten down
I never had shared anything when the price is high and risky
my exit plan will mature in August after the release of the second quarter result
why you lost your pant before the story has ended
why?

isn't it the power plant not a cash generating machine ?
isn't it the fact that that the additional 10% equity acquisition a strong catalyst to push the price higher ?
isn't it when the local business turn profitable a good news to move the price
why a beaustifu picture in my eyes can look so ugly to you ?

you mustn't the one chosen by god to win Jaks money
why?

you must have talked too much rubbish to stop a sincere heart to share all the true fact and data and misled the public

are you aware it is a sin , a bad karma !!!!

in every investment there is an element of lucks
do you have the good luck that will bring you success

REPENT !!!!!!!!
Beforeit is too late. !!!!!!

Posted by Asengkianjoo > 2023-01-09 14:27 | Report Abuse

if you have no better to talk, then keep quiet
if you can not resist not to talk, then talk what you know about Jaks

if you can not talk to invite good karma , then keep quiet
because ,
keep quiet is very much better than you talk anything that will bring you bad lucks .

amitabha.....

firehawk

4,782 posts

Posted by firehawk > 2023-01-09 17:19 | Report Abuse

Speak like a hero, don't delete postings later .....

2 years ago also talked like hero, where are the posting now?

firehawk

4,782 posts

Posted by firehawk > 2023-01-09 17:31 | Report Abuse

I challenge you to put back the deleted multiple postings before you give your grandmother stories to lecture others .....

Posted by Asengkianjoo > 2023-01-09 18:22 | Report Abuse

firehawk,
I believe you must be one of the poor investor who had lost his pant after reading my wonderful story 2 years ago .
if not , no right thinking man can explain your queer behavior.

REPENT !!!! in front of your grandmother , before it is too late.

sadhu,sadhu,sadhu....

firehawk

4,782 posts

Posted by firehawk > 2023-01-09 20:20 | Report Abuse

I want to quote "You can't fight a Giant .... you are too tiny ......"
where is the posting now? I want to let people see what Giant said before ...... how a tiny can humiliate a Giant so easy .........

Dare to post Dare to keep .....
Only COWARD will delete his postings !!!
Don't talk 3 talk 4, IF YOU ARE A MAN, put up the postings again, so that I can quote!

firehawk

4,782 posts

Posted by firehawk > 2023-01-09 20:25 | Report Abuse

A MAN WILL RESPONSIBLE FOR WHAT HE SAID AND WHAT HE DID

firehawk

4,782 posts

Posted by firehawk > 2023-01-09 21:28 | Report Abuse

Any body knows what is the reason a person deletes his postings?

Sslee

6,812 posts

Posted by Sslee > 2023-01-10 08:00 | Report Abuse

https://klse.i3investor.com/servlets/cube/post/iamxuewen.jsp

Above link to Aseng comments.

Sslee

6,812 posts

Posted by Sslee > 2023-01-10 08:02 | Report Abuse

Aseng
Iamxuewen
Summary
Total comments 8633
Past 30 days 0
Past 7 days 0
Today 0

Posted by ValueInvestor888 > 2023-01-10 09:34 | Report Abuse

Yeah, firehawk.
I hope more can speak up.
The truth is jaks is traded at historical low and many poor investors have lost heavily with the promotions of TP of over RM 1.

Posted by Asengkianjoo > 2023-01-10 10:30 | Report Abuse

I can't save you if both of you continue to behave like a small child crying non stop proving his father wrong . I am so sorry to know that my sincere and genorous sharing of the best I know about Jaks and life had made you lose your pant .
anyhow I do hope to see both of you have grown up wiser and more matured when you come back here again to talk about Jaks . not crying over a spilled milk. your pant already lost . it is already a fact . it is better to accept the fact than to blame others.

firehawk

4,782 posts

Posted by firehawk > 2023-01-10 15:41 | Report Abuse

@Sslee can the link provide how many postings were deleted?
I just want to locate a postings that contain "You can't fight a Giant .... you are too tiny ......" he posted this many times.

firehawk

4,782 posts

Posted by firehawk > 2023-01-10 15:50 | Report Abuse

@ValueInvestor888, his behaviour of twisting facts to attack different opinions has been long existed, this makes people feel disgusting, the below tells all ......

garychee8 Firehawk..no point arguing with this old crap..he is the greatest trader here..everyone is wrong except him..but i wonder who got trap in Jaksai????? sudah lah, berambus fr this forum and i am sure jaksai will fly...
04/11/2021 10:58 AM

firehawk

4,782 posts

Posted by firehawk > 2023-01-10 16:06 | Report Abuse

But I started argue with him was not because his "investment advice", he has no way qualified for that ..... it was because 2 years ago, I wanted to find a posting here talk about solar plant (which I feel was the very less postings that have value). I can't find the posting because it was immersed by the flooding of multiple, lengthy, repeated postings by him .......

Almost everyday he repeated putting up the 5 or 6 or more very long promotion postings, I criticized him, of course he won't accept because he thinks he is a Giant :D

Posted by Asengkianjoo > 2023-01-10 16:20 | Report Abuse

firehawk,
you father ask you to keep quiet.

Posted by Asengkianjoo > 2023-01-10 16:22 | Report Abuse

amitabha..........

firehawk

4,782 posts

Posted by firehawk > 2023-01-10 16:32 | Report Abuse

Your grandmother asked you to do this?

Only COWARD will delete his postings !!!
Don't talk 3 talk 4, IF YOU ARE A MAN, put up the postings again, so that I can quote!

firehawk

4,782 posts

Posted by firehawk > 2023-01-10 16:35 | Report Abuse

Posted by Aseng > Nov 2, 2021 11:28 AM | Report Abuse
Maybe my second round of kopi-o money is coming.
Every time the price breaks the 46 level it will come back quickly

Let's do a simple calculation how the quick money can be made . Wait for 2 years doesn't mean you can not make some kopi money when value has emerge .

Let's say

buy 100000 shares @ 0.44
Sell 100090 shares @ 0.47

Kopi-o money = 3000 ( before tax)
------------------------------------------------------
Most of this type of postings were deleted, this was one of the very few in my qouted post

firehawk

4,782 posts

Posted by firehawk > 2023-01-10 16:37 | Report Abuse

This is how good his trading idea, as good as he attacks others !

Posted by Asengkianjoo > 2023-01-10 16:46 | Report Abuse

做人没本事, 没关系。
要有自知之明,更要有气量,
拿的起, 放的下
要不然,
气死的总是自己

firehawk

4,782 posts

Posted by firehawk > 2023-01-10 16:51 | Report Abuse

you learned this from grandmother ?

firehawk

4,782 posts

Posted by firehawk > 2023-01-10 16:55 | Report Abuse

Posted by Aseng > Nov 2, 2021 11:28 AM | Report Abuse
Maybe my second round of kopi-o money is coming.
Every time the price breaks the 46 level it will come back quickly

Let's do a simple calculation how the quick money can be made . Wait for 2 years doesn't mean you can not make some kopi money when value has emerge .

Let's say

buy 100000 shares @ 0.44
Sell 100090 shares @ 0.47

Kopi-o money = 3000 ( before tax)
___________________________________________

Today JAKS =23.5, back to coffee money TP, 100% gain :-)

Posted by Asengkianjoo > 2023-01-10 17:11 | Report Abuse

the more you prove other more inferior to you
the more foolish you look

which investment carries guaranteed success
which sifu has no failure

failure is no hopeless
but
it is most hopeless if you refuse to accept the fact and put the blame of others .

firehawk

4,782 posts

Posted by firehawk > 2023-01-10 17:23 | Report Abuse

Grand mother wants you to be a honest man,
don;t play tricks to delete postings!

Grand mother wants you to speak honestly too,
otherwise karma will hit back!

curiousq

1,084 posts

Posted by curiousq > 2023-01-10 17:49 | Report Abuse

Ha Ha! Ha ! sifu is earning a lot of money lah! but not all ..... ha ha

curiousq

1,084 posts

Posted by curiousq > 2023-01-10 17:50 | Report Abuse

some sifu good in talking only .... ha ha

Posted by Asengkianjoo > 2023-01-10 18:48 | Report Abuse

the best present of 2023 for both of you is a piece mirror
the best word to describe for both of you is FAKE-SIFU

only fake sifu will spend most of the time proving others wrong , a real sifu has no time to do so

do you see,

so far in your attack on me
is there any concurring response other than the monkey of the same kind

there are too many fake-sifu in i3 that can not affor to see others can be better than them

no wonder , nowsaday this plateform has no more true knowledge and information to learn

what a pity for a newcomer ?

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