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

Zhuge_Liang

2,420 posts

Posted by Zhuge_Liang > 2023-01-14 13:21 |

Post removed.Why?

qqq47660

8,999 posts

Posted by qqq47660 > 2023-01-14 13:41 |

Post removed.Why?

Posted by somemore999 > 2023-01-14 14:55 | Report Abuse

yes,qqq333 like to attack some sifu in i3, like otb and dk ,i seen b4,shame on you

Zhuge_Liang

2,420 posts

Posted by Zhuge_Liang > 2023-01-14 15:29 |

Post removed.Why?

Just88

494 posts

Posted by Just88 > 2023-01-14 21:14 | Report Abuse

No one is qualified to judge others. DK removed his articles because he said he won't be here to defend them. I have read all his articles and all the information given by DK turned out to be right. His profit forecast for JHDP was a very close call. I agree that DK was inexperience when dealing with his haters in i3 so he left. There is nothing wrong with leaving i3 when you don't like the place. After all, i3 is not a nice place for sharing. I notice that there are lesser people sharing their ideas in i3 nowadays. Why should they ?

brightsmart

3,784 posts

Posted by brightsmart > 2023-01-14 21:28 | Report Abuse

I know, that piggy a big nuisance

brightsmart

3,784 posts

Posted by brightsmart > 2023-01-14 21:39 | Report Abuse

Dk finished his job and left. That is whole story

Zhuge_Liang

2,420 posts

Posted by Zhuge_Liang > 2023-01-14 22:00 |

Post removed.Why?

firehawk

4,782 posts

Posted by firehawk > 2023-01-15 23:13 | Report Abuse

KYY wrote an article about how he lost 64 million in JAKS. I think those read that article have the feeling, the market price was manipulated. This is a precious review for subsequent comers ........
By then, there were many concurrent articles by various writers too, revealed the management doings, some are, I think, insiders, because they can narrate in details on what was happening. If ones read those articles, they may have a more complete picture, and take a step back from too optimistic ......

Sslee

6,812 posts

Posted by Sslee > 2023-01-16 09:34 | Report Abuse

All the 51% subsidiary companies were so designed for profit sharing with the 49% private holders if there are profit to be made but losses is totally bear by Jaks.
Many more impairment of goodwill and receivables for many years to come.

Phoebe

455 posts

Posted by Phoebe > 2023-01-16 14:18 | Report Abuse

Hi Mr. SSlee,
I don't get you. Mind to explain. Thanks

Sslee

6,812 posts

Posted by Sslee > 2023-01-16 19:38 | Report Abuse

https://klse.i3investor.com/blogs/Sslee_blog/2021-05-07-story-h1564320380-JAKS_What_should_I_response_Any_advice.jsp

@Phoebe,
You can read the above blog to form your opinion is disposal of 51% JIC to ICD for RM 1.00 is actually to get ICD free of its 49% JIC net liabilities compare to recapitalise JIC?

qqq47660

8,999 posts

Posted by qqq47660 > 2023-01-16 20:05 |

Post removed.Why?

warchest

1,814 posts

Posted by warchest > 2023-01-17 13:19 | Report Abuse

Lousy management team with their actions that were detrimental to the interests of the shareholders. Countless of fund-raising activities, free shares scheme and litigation cases. The only way to go is to eliminate the fats from the Group

warchest

1,814 posts

Posted by warchest > 2023-01-17 13:22 | Report Abuse

Market already lost trust on the management team and its corporate governance. Any good news also has no impact to its share price

curiousq

1,084 posts

Posted by curiousq > 2023-01-25 15:17 | Report Abuse

Give CNY ang pao generously .......
more and more confidence TP will be acchived

xiaoeh

2,699 posts

Posted by xiaoeh > 2023-01-25 16:35 | Report Abuse

just to ask when will be the completion date for proposed pp?

stevenckheng

1,348 posts

Posted by stevenckheng > 2023-02-02 23:50 | Report Abuse

oh shit , PP again.... there you go

huahtai98

770 posts

Posted by huahtai98 > 2023-02-11 22:30 | Report Abuse

Talk like god...wth

Posted by It's Compounding > 2023-02-13 22:20 | Report Abuse

Dividend reinvestment plan? Is it true that Jaks gonna distribute dividen? Or just another trap to lure small fish?

WilburR2

869 posts

Posted by WilburR2 > 2023-02-14 05:58 | Report Abuse

DRP, why reinvestment if no incoming dividend?
Small fish just stay away.
Those in the net what are your thoughts?

Posted by valueinvestor33 > 2023-02-14 21:26 | Report Abuse

Don’t talk rubbish la about dividend reinvestment…can’t even run the company properly and maintain a good share price. Without changing the whole management team, giving bonus or capital repayment also useless. Lapsap

Sslee

6,812 posts

Posted by Sslee > 2023-02-16 09:12 | Report Abuse

Jaks need to print more share every year because the more the merry as 10% will be given to Directors and Top Management as LTIP (free grant) as reward for their long service.

Wealthy99

75 posts

Posted by Wealthy99 > 2023-02-21 21:17 | Report Abuse

2023 might have PP again?
What if not PP but Right Issue? Let you all throw and press down kao kao, then they collect and goreng up. Possible?

Sslee

6,812 posts

Posted by Sslee > 2023-02-22 07:01 | Report Abuse

Current US debt is over USD 31 trillion and that did not stop US government from printing more money and increase the interest rate.

I am very happy because now 1 USD is worth RM 4.43

SinGor

4,919 posts

Posted by SinGor > 2023-02-22 19:09 | Report Abuse

China is buying Gold, Russia piling Gold and Saudi has announced moving away from Trading US$ for Oil.
What happen ( will happen ) when the rest of World decided to Trade in another currency( or basket of currency )
US$ comes flying back to USA and US inflation Rush to 100,000% or become Zimbabwe money ( 1 billion to
Myr 137 today )

SinGor

4,919 posts

Posted by SinGor > 2023-02-22 19:12 | Report Abuse

My 1 kilo Gold is worth US$ 50 billion......a little fantasy

speakup

27,014 posts

Posted by speakup > 2023-02-22 21:54 | Report Abuse

Don't accept USD cos it is backed by Nothing! Essentially USD is toilet paper

Posted by wolfie88 > 2023-02-23 10:40 | Report Abuse

another bad QR coming soon? more losses for prop again?

Pinky

3,476 posts

Posted by Pinky > 2023-02-24 17:43 | Report Abuse

Finally got dividend

But still in red hahahahahaha

Sslee

6,812 posts

Posted by Sslee > 2023-02-24 17:51 | Report Abuse

RM'000
Dividend received from Joint Venture company 70,120 -

Sslee

6,812 posts

Posted by Sslee > 2023-02-24 19:10 | Report Abuse

Current :Preceding :Current :Preceding
Year: Year :Year: Year
Quarter :Quarter :To-date :To-date
31-Dec-2022 :31-Dec-2021 :31-Dec-2022 :31-Dec-2021
RM'000 :RM'000 :RM'000 :RM'000
Revenue: 45,850: 18,545: 89,794 :108,145
Cost of Sales: (35,353): (16,434): (74,650): (89,361)
Gross Profit: 10,497: 2,111: 15,144 :18,784
Other Operating Income: 1,851: 3,018: 3,709: 4,535
Other Operating, Administrative Expenses: (56,509): (66,289): (113,524): (111,758)
Operating Loss before finance cost: (44,161): (61,160): (94,671): (88,439)
Finance cost: (7,616): (5,257): (24,383): (21,980)
Operating Loss after finance cost: (51,777): (66,417): (119,054): (110,419)
Share of Profit in Joint Venture: 46,173: 30,012: 156,190: 140,713
Profit/(Loss) Before Taxation: (5,604): (36,405): 37,136: 30,294
Taxation: (393): (54): (897): (545)
Net Profit/(Loss) For The Period: (5,997): (36,459): 36,239: 29,749

How to make money when your other operating, Administrative expenses is more than revenue?
Must be MikeCheatYouCrazy spent too much money on massage girls.

Posted by valueinvestor33 > 2023-02-25 13:50 | Report Abuse

That’s why people criticised it as LAPSAP.

Posted by valueinvestor33 > 2023-02-25 13:52 | Report Abuse

Company didn’t know how to operate of its printing money machine.

speakup

27,014 posts

Posted by speakup > 2023-02-25 19:55 | Report Abuse

Owners must learn how to dream big. Grow Jaks until rm2 rm5 rm8 ? Must have ambition

curiousq

1,084 posts

Posted by curiousq > 2023-02-26 11:43 | Report Abuse

yes, is possible .....
sifu says is going to pay dividend to boost up

ivanlau

1,388 posts

Posted by ivanlau > 2023-02-26 19:44 | Report Abuse

QR improving, Jaks engine will restart and let us c ....... tp 0.40 in year 2023

warchest

1,814 posts

Posted by warchest > 2023-02-26 20:41 | Report Abuse

Flowing of 72 million of dividend is a good start. Kitchen sinking already complete

warchest

1,814 posts

Posted by warchest > 2023-02-26 20:43 | Report Abuse

Just need to stop raising funds from the market and start with payment of dividends

warchest

1,814 posts

Posted by warchest > 2023-02-26 20:43 | Report Abuse

Start the engine tomorrow

Posted by shortinvestor77 > 2023-02-27 10:37 | Report Abuse

PP King.

Pinky

3,476 posts

Posted by Pinky > 2023-02-27 11:49 | Report Abuse

shud trade at P/E 5 times baru fair

Posted by SarifahSelinder > 2023-02-28 16:09 | Report Abuse

Macam xde but no harm to confirm kat EGM nanti tanya Andy dividend from Vietnam kena withholding tax??

Posted by SarifahSelinder > 2023-02-28 16:12 | Report Abuse

Oso Sslee favourite impairment of receivables tu siapa dia?

SomaCruz89

305 posts

Posted by SomaCruz89 > 2023-03-02 15:36 | Report Abuse

Here comes 0.2!!

SomaCruz89

305 posts

Posted by SomaCruz89 > 2023-03-03 01:18 | Report Abuse

urban79, yes my dream will come true!

Posted by SarifahSelinder > 2023-03-08 08:18 | Report Abuse

U laugh at company that take bank loan to pay dividend....

m16454

227 posts

Posted by m16454 > 2023-03-08 10:42 | Report Abuse

gg lar, plunge to 0.18 at least

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