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

Posted by Asengkianjoo > 2023-01-12 11:50 | Report Abuse

you are saying something which is near impossible for a retailer like you and me

Posted by Asengkianjoo > 2023-01-12 11:51 | Report Abuse

If all our demands are met , there is no hardship in life .

firehawk

4,782 posts

Posted by firehawk > 2023-01-12 17:15 | Report Abuse

@Sslee, sorry! this morning left for appointment.
From Jaks 20th AGM minutes:
6. The answer was barely diplomatic, the div payment is solely depends on the Chinese discretion, including the timing.
7. Not clear on this! from 25% to 35% of the total project?

From the other of your postings, 3 yr from COD due on Nov23 or Feb24?

Seemed everything has 2 sets of figures.
You may answer me here or through pm (if you feel your answers would draw disturbance. or you also have 2 sets of answer for different functions :D :D)

Sslee

6,812 posts

Posted by Sslee > 2023-01-12 17:44 | Report Abuse

http://www.insage.com.my/ir/cmn/trps03/Agm_Egm.aspx?Symbol=4723
You can download Jaks 20th AGM key matters discussed from above link.

Posted by Asengkianjoo > 2023-01-12 17:52 | Report Abuse

Sslee dare not answer your question because he know as good as me what you said is untrue and biased. That is why he provide you the link not talk your own stories

Sslee

6,812 posts

Posted by Sslee > 2023-01-12 17:54 | Report Abuse

The project cost is USD 1.87 billion.
Funded by equity 25% and borrowing 75%.

Posted by Asengkianjoo > 2023-01-12 17:56 | Report Abuse

".....6. The answer was barely diplomatic, the div payment is solely depends on the Chinese discretion, including the timing." Which part of the JV agreement said so. No wonder your father want to slap you . Fake sifu

Posted by Asengkianjoo > 2023-01-12 18:02 | Report Abuse

Sslee can't provide you any new stories other than the many fundraising PP and the BOD integrity . before he open his moulth, anyone who are here long enough know what he is going to say

firehawk

4,782 posts

Posted by firehawk > 2023-01-12 18:06 | Report Abuse

@Thanks Ss, study tonight, dinner first :-)

Posted by Asengkianjoo > 2023-01-12 18:09 | Report Abuse

hahaha.....
do you know why the share price can not perform ?
is it because of the many fund raising or BOD integrity ?
if you limit your reason just to this level , then you are doomed to fail

Posted by Asengkianjoo > 2023-01-12 18:12 | Report Abuse

I initially want to bring up this matter for fruitful intelectual discourse, but now with such attitude and response present . i had decided not to

firehawk

4,782 posts

Posted by firehawk > 2023-01-12 20:45 | Report Abuse

Lowest price creates poor soul, in serbakD forum also has some like this..... over confidence and keen to be sifu are enemies of investment

Posted by It's Compounding > 2023-01-12 23:04 | Report Abuse

Now I see the reason:
If JHDP proft is so awesome, why China counterpart who control the board in JHDP would want to declare dividend that make Jaks has the cash to increase its stake to 40%? Common sense right?
So there will be various PP or another RI in future.

Just88

494 posts

Posted by Just88 > 2023-01-13 00:02 | Report Abuse

It's Compounding, FYI Jaks currently has 3 out of 5 board seats in JHDP. It is common sense that Jaks will see that the dividend be distributed so that it can take up the additional 10%.

Sslee

6,812 posts

Posted by Sslee > 2023-01-13 07:45 | Report Abuse

do you know why the share price can not perform ?
Because someone everytime dilutive 10% PP at lower price to make his bankers collect at cheap price.

Sslee

6,812 posts

Posted by Sslee > 2023-01-13 07:57 | Report Abuse

After the PP then only release some good news for ikan billis to chase high and bankers to unload.

Phoebe

455 posts

Posted by Phoebe > 2023-01-13 08:24 | Report Abuse

For full year 2021, JAKS book a profit of RM 140.7M profits from it 30% stakes. Has JAKS actually receives the profit? I don't see that in their cash flow statement.

Posted by SarifahSelinder > 2023-01-13 09:01 | Report Abuse

JAKS dapat more than mid teen IRR from Vietnam IPP

Better than mid teen promised dulu

PP sentiasa ready

Sales of electricity is good

Posted by Asengkianjoo > 2023-01-13 09:30 | Report Abuse

The power plant is real
The cash generated is real
Distribution of profit is just a matter of time
When the dividend is received
Jaks is cash rich
Cash flow problem is a history
I believe my version of the story is more convincing than your wild guessing

Posted by Asengkianjoo > 2023-01-13 10:12 | Report Abuse

What happen to your study last night
I see this you come back with a fart again following the bedside of Sslee.
Hahaha... fake sifu


firehawk

@Thanks Ss, study tonight, dinner first :-)

16 hours ago

Phoebe

455 posts

Posted by Phoebe > 2023-01-13 13:06 | Report Abuse

Read that Jaks proposed for PP up to RM74.4 million? Oh dear!
Intention is to pare down borrowing n use as working capital. Wht worse is market is cheaper than PP. Who want to buy? They Nd to issue more PP at lower rate to raise same amount money. More dilution.

Posted by It's Compounding > 2023-01-13 15:42 | Report Abuse

Hi Just88,
Fyi Im still holding Jaks stock with about 30% paper loss, so Im in the same boat as you if you are Jaks stock holder.
Would like to know the source of info regarding Jaks hold 3 out of 5 board seats, as I m quite curious how with China CPECC 70% stake they would allow Jaks to control JHDP boardroom.

firehawk

4,782 posts

Posted by firehawk > 2023-01-13 22:22 | Report Abuse

Yesterday, I said I want to show the proof that the COWARD said before, he doesn't want to mention my name. Since then, he doesn;t mention my name anymore. I think since my name is not mentoned, than is OK, just leave it .......

See above, He saw I don't put up the proof, he did it again I quote his postings for he may delete it.

Asengkianjoo

What happen to your study last night
I see this you come back with a fart again following the bedside of Sslee.
Hahaha... fake sifu


firehawk

@Thanks Ss, study tonight, dinner first :-)

16 hours ago

12 hours ago

firehawk

4,782 posts

Posted by firehawk > 2023-01-13 22:34 | Report Abuse

The old postings provide proof,

Posted by firehawk > 2022-03-02 20:24 | Report Abuse

DARE TO POST, DARE TO KEEP ...... DON'T POST IF NOT DARE TO KEEP !!

Maintain old bad habit, posting long long imaginary nonsense not help to improve, just like put up lengthy, recycle, multiple posting won't lift the price ..... think throughout before act to avoid regret, never too old to learn !!
------------------------------------------------------
The COWARD replied me, but the reply was deleted. I saw one of my postings contains the content the COWARD deleted,
Posted by firehawk > 2022-03-02 00:47 | Report Abuse

Aseng

Do you know why I deleted some of the messages .

Because it contain certain name which is not worth the while mentioning what more to keep.
~~~~~~~~~~~~~~~~~~~~~
so happy to see this .......

I really hope my name is not mentioned anymore by this freak!!!

I quote the mssg to maintain a as proof .....


firehawk

4,782 posts

Posted by firehawk > 2023-01-13 22:39 | Report Abuse

The 3 last sentences, I said,

so happy to see this .......
I really hope my name is not mentioned anymore by this freak!!!
I quote the mssg to maintain a as proof .....
--------------------------------------------
By that time, seemed that I already anticipated this low personality would not walk what he talk and he may delete his postings. These are all happen NOW. So despicable personality!!!

firehawk

4,782 posts

Posted by firehawk > 2023-01-13 22:52 | Report Abuse

2022-03-02 00:47 | Report Abuse

Aseng

Do you know why I deleted some of the messages .

Because it contain certain name which is not worth the while mentioning what more to keep.
~~~~~~~~~~~~~~~~~~~~~

See how the way he talked, see the last sentence and see what he is doing NOW !

He dare to do all these, is because he think he had already deleted his postings and already destroyed all evidences. BUT He went into the postings under his ID, he didn;t check I did quoted some of the postings. So, despicable personality !!!

He deleted old postings, he changed all the settings, to hide himself, until the system rejects his log-in, he created new accounts to continue attack .......

firehawk

4,782 posts

Posted by firehawk > 2023-01-13 22:59 | Report Abuse

He deleted again a posting attacked me, JUST NOW!!!
The posting caused me spend time to look for all the old postings. Since he deleted the posting and no one quoted it, now he can pretend he didn;t do the attack!!

How despicable a human being personality can be???

firehawk

4,782 posts

Posted by firehawk > 2023-01-13 23:01 | Report Abuse

And still want to act like a sifu !!!

firehawk

4,782 posts

Posted by firehawk > 2023-01-13 23:10 | Report Abuse

Just now, he deleted not only a mssg posted tonight, but also some posted yesterday, including the one said "not going to delete posting in the future" !!!

firehawk

4,782 posts

Posted by firehawk > 2023-01-13 23:17 | Report Abuse

Sorry! tonight he didn't delete mssg, my mistake !!
(because I opened a few windows to look for old postings and overlook!)

firehawk

4,782 posts

Posted by firehawk > 2023-01-13 23:44 | Report Abuse

Regarding the meeting minutes, please forgive me not going to tell ..... my feeling is the BOD was not answering straight forward. Do read Sslee comments, he provided crucial points.

Regarding real money, my thought is, the money is only real, when the money is in your hand and you can use it.

Just88

494 posts

Posted by Just88 > 2023-01-14 09:14 | Report Abuse

It's Compounding,
It is unfortunate that after DK was driven away from i3 by attackers, he removed all his articles on JHDP. Otherwise, he provided all the links to the statements he made in his over 60 articles written on JHDP. He said that Jaks has majority board seats until such time the RCPS are converted to give the chinese partner 70% ownership (from current 50%). Jaks has the option to take up 10% additional ownership when the RCPS are converted.
=================
It's Compounding

Hi Just88,
Fyi Im still holding Jaks stock with about 30% paper loss, so Im in the same boat as you if you are Jaks stock holder.
Would like to know the source of info regarding Jaks hold 3 out of 5 board seats, as I m quite curious how with China CPECC 70% stake they would allow Jaks to control JHDP boardroom.

Sslee

6,812 posts

Posted by Sslee > 2023-01-14 10:28 | Report Abuse

No one can drive anyone away from commenting in i3 unless you allow yourself to be driven away.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-01-14 10:34 | Report Abuse

dk did his job and left.

Posted by Philip ( buy what you understand) > 2023-01-14 10:47 | Report Abuse

Frankly speaking, I think DK with his wealth of inexperience and even deleting his old articles which promoted jaks instead of revising them to show what is really happening is the worse tragedy. All the promises of profits and earnings and huge dividends, in the end like I have said before and posted in the comments ( which I have not deleted), if you cannot trust the management, if the cfo leaves, If you cannot see and visit the site etc there is no use whatever promises of profits if there is no trust

qqq47660

8,999 posts

Posted by qqq47660 > 2023-01-14 11:05 | Report Abuse

value investing vs investing in quality.........................................................find your sweet spot.

this ss come to i3 several years ago , all in value investing,.............................. now ss seeing any improvements?

qqq47660

8,999 posts

Posted by qqq47660 > 2023-01-14 11:07 |

Post removed.Why?

qqq47660

8,999 posts

Posted by qqq47660 > 2023-01-14 11:10 | Report Abuse

take the cathy woods approach and the institutions chasing newly listed nation gate............

they see a good story and don't want to be left out. This is growth investing.

It represents the other extreme in investing.

Zhuge_Liang

2,420 posts

Posted by Zhuge_Liang > 2023-01-14 11:11 |

Post removed.Why?

Zhuge_Liang

2,420 posts

Posted by Zhuge_Liang > 2023-01-14 11:11 |

Post removed.Why?

Zhuge_Liang

2,420 posts

Posted by Zhuge_Liang > 2023-01-14 11:25 |

Post removed.Why?

secret1q

276 posts

Posted by secret1q > 2023-01-14 11:30 | Report Abuse

CPECC let go 10% JHDP can use the fund to invest in JAKS. it also indirect share holding. nothing wrong for let go10%. as it also in the initial agreement. more over 10% let go for CPECC portfolio as overall is just a very tiny part of the cake. cake sharing make cake bigger

Zhuge_Liang

2,420 posts

Posted by Zhuge_Liang > 2023-01-14 11:30 |

Post removed.Why?

Sslee

6,812 posts

Posted by Sslee > 2023-01-14 12:19 | Report Abuse

If I am not mistaken qqq3 need to visit KYY personallym to ask him to buy into Jaks and Sendai.

Later he improve by infiltrate Philip's chat group to promote Serba, SCIB and Kpower. The latest news was he got himself kick out from the chat group.

He now talk about his imagery China stocks and his IPO growth stock.

Wonder has he hold any value, quality or growth stocks?

What he hold before were mostly pump and dump con stocks and he was and still is very proud that he front run everyone and make a killing.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-01-14 12:25 | Report Abuse

d by Sslee > 2 minutes ago | Report Abuse

Wonder has he hold any value, quality or growth stocks?


=========


mostly I am a trader....good bad ugly also I trade......but China stocks like byd, JD, GAC I intend to hold slightly longer if possible.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-01-14 12:28 |

Post removed.Why?

Zhuge_Liang

2,420 posts

Posted by Zhuge_Liang > 2023-01-14 12:40 |

Post removed.Why?

brightsmart

3,784 posts

Posted by brightsmart > 2023-01-14 12:47 | Report Abuse

But ss, the more relevant question have u revised your views about value investing?

Zhuge_Liang

2,420 posts

Posted by Zhuge_Liang > 2023-01-14 13:07 |

Post removed.Why?

Zhuge_Liang

2,420 posts

Posted by Zhuge_Liang > 2023-01-14 13:16 |

Post removed.Why?

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