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

GoldenShares

3,543 posts

Posted by GoldenShares > 2023-06-20 18:01 | Report Abuse

wow 0.175, : )

m16454

227 posts

Posted by m16454 > 2023-06-20 19:50 | Report Abuse

Don't need to buy any jaks share. Soon they will RI and ask for more money. Lol

soon9913

2,816 posts

Posted by soon9913 > 2023-06-20 23:32 | Report Abuse

tmr q sell 0.168

m16454

227 posts

Posted by m16454 > 2023-06-21 13:30 | Report Abuse

luckily i sold all at 0.24.. i queuing at 0.15 now

soon9913

2,816 posts

Posted by soon9913 > 2023-06-21 15:46 | Report Abuse

M16454 U sold to me

TCH1186

910 posts

Posted by TCH1186 > 2023-06-21 15:53 | Report Abuse

i remember got 1 comment, my friend said this and that bla bla bla and ppl start buying now end up this stock going down.. rip followers

soon9913

2,816 posts

Posted by soon9913 > 2023-06-21 16:30 | Report Abuse

haha, next month price will double up.

curiousq

1,084 posts

Posted by curiousq > 2023-06-22 16:16 | Report Abuse

OMG!! anyone here listen to his friend and start buying?😾

Posted by SarifahSelinder > 2023-06-23 14:53 | Report Abuse

GOTCHA

SarifahSelinder

Apa speculation u on what are in the other current assets 760k?

U ada anything on how fast EVN is suppose to pay JPP? 1 2 3 4 5 bulan?

Oso ada ka EVN has been paying JPP tepat pada masa nya mengikut tempoh?

soon9913

2,816 posts

Posted by soon9913 > 2023-06-23 21:43 | Report Abuse

how long require to propose RI?

Posted by SarifahSelinder > 2023-06-24 08:58 | Report Abuse

GOTCHA = DK

The balances u pakai were as at year end date one point in time

Klau EVN made a lump sum payment of 350k on say 3 January the cash flow of JPP kan cantik dan all the way up JAKS cash flow kan ok

760k mcm equal to close to 4 months of revenue so EVN mcm slow sikit in making payments (EVN making monthly payment or lump sum payment u pun tak tahu tapi nonetheless u speculate juga)

DK it is very irresponsible of u to publish a blog on mere speculation incomplete speculation lagi tu

Lagi knp tengok liabilities je why not the assets?

Irresponsible DK naughty DK

speakup

27,014 posts

Posted by speakup > 2023-06-24 14:28 | Report Abuse

1st KYY suruh semua beli. Ramai trap.
Then kali ke2 OTB suruh beli. Ramai trap.
Then kali ke3 DK suruh beli. Ramai trap.

Semua kerja untuk ALP ke?

i3lurker

14,390 posts

Posted by i3lurker > 2023-06-24 14:49 | Report Abuse

Then kali ke4 speakup suruh jual. Ramai rugi

Kompom Semua kerja untuk ALP ...


Posted by speakup > 17 minutes ago | Report Abuse

1st KYY suruh semua beli. Ramai trap.
Then kali ke2 OTB suruh beli. Ramai trap.
Then kali ke3 DK suruh beli. Ramai trap.

Semua kerja untuk ALP ke?

Just88

494 posts

Posted by Just88 > 2023-06-24 19:53 | Report Abuse

SarifahSelinder, if you think DK is irresponsible, you should leave his private group. Why are you still there ?

Posted by SarifahSelinder > 2023-06-25 08:06 | Report Abuse

Private group DK JAKS heavy losers unanimous support group tu?

Left

Cannot wait to leave

Just88

494 posts

Posted by Just88 > 2023-06-25 10:10 | Report Abuse

SarifahSelinder, as you only just left the group, what do you think of DK's own writeup on Jaks' potential liquidity issues which was recently shared to his private group exclusively? Also irresponsible?

mickey77

145 posts

Posted by mickey77 > 2023-06-25 15:27 | Report Abuse

Sslee why post here non jaks stuff?

soon9913

2,816 posts

Posted by soon9913 > 2023-06-25 23:23 | Report Abuse

Just 88, share the report here read read for us to comment

Just88

494 posts

Posted by Just88 > 2023-06-26 00:28 | Report Abuse

I can't do that without DK's permission

Sslee

6,812 posts

Posted by Sslee > 2023-06-26 07:26 | Report Abuse

Posted by mickey77 > Jun 25, 2023 3:27 PM | Report Abuse

Sslee why post here non jaks stuff?

For your attrntion:

Case 4: Questionable financial/information disclosure on disposal of JSB 51% equity to ICD for consideration of RM1.00
Bursa Ref: CB/155/21
https://klse1.i3investor.com/blogs/Sslee_blog/2021-05-07-story-h1564320380-JAKS_What_should_I_response_Any_advice.jsp

JAKS Financial ended: 2022: 2021: 2020: 2019
Impairment loss on:
Trade receivables RM: 5,099,410: 9,848,415: 25,862,099: 5,318,354
Other receivables RM: 18,737,258: 13,461,525: 45,331,965: 7,188,995

SERBA DINAMIK HOLDINGS BERHAD
Financial: 9 months ended 31/3/2023: Year ended 30/6/2022: 30/6/21
Impairment of trade and other receivables RM: 865,009,000: 393,205,000: 394,998,000

I cannot believe that Bursa reply to me on impairment of receivable: Please also note that it is the prerogative of the Board of Directors of the listed issuer whether to take legal action with regard to recovery of the receivables.
So impairment of receivables did complied with approved accounting standards and can be used as a legal way to whitewash accounting fraud or siphoning listed company money to relate party, friendly party or to own private company?

Here we are talking about making Bursa an efficient, vibrant, fair and orderly market. But I can’t agree more on the feeling and frustration expressed by i3investor commentator:
hulwan These kinds of shenanigans, and then they wonder why our Bursa is in the doldrums

mickey77

145 posts

Posted by mickey77 > 2023-06-26 07:37 | Report Abuse

ok Sslee

mickey77

145 posts

Posted by mickey77 > 2023-06-26 07:38 | Report Abuse

what?
GOTCHA = DK [sarifah selinder]

Posted by SarifahSelinder > 2023-06-26 07:55 | Report Abuse

EVN kelihatan hutang macam sampai 4 bulan slow slow slow

Those kan attend AGM nanti tanya la kat Andy what is payment term to EVN?

1 bulan? 2 bulan? 3 bulan? 4 bulan?

How fast EVN is paying up? Promptly?

Important to know the inflow in the cashflow

Remember to ask

Posted by SarifahSelinder > 2023-06-26 08:06 | Report Abuse

Remember to ask

Jangan irresponsibly simply speculate

curiousq

1,084 posts

Posted by curiousq > 2023-06-26 08:53 | Report Abuse

Everybody, pls dun get angry ..... grand sifu doesn't cheat us, bcos i heard he himself also losing a lot of mony 😽

Posted by ValueInvestor888 > 2023-06-26 10:12 | Report Abuse

JAKS Financial ended: 2022: 2021: 2020: 2019
Impairment loss on:
Trade receivables RM: 5,099,410: 9,848,415: 25,862,099: 5,318,354
Other receivables RM: 18,737,258: 13,461,525: 45,331,965: 7,188,995

Wow, Jaks total impairments from 2019-2022 were RM 128 million per Sslee letter above

SomaCruz89

305 posts

Posted by SomaCruz89 > 2023-06-26 11:12 | Report Abuse

Those hiding in private group are sore losers. Cry mother cry father and whining like babies

Posted by ValueInvestor888 > 2023-06-26 14:14 | Report Abuse

all monies gone with total impairments of RM 128m over the past 4 years. No wander every year needs PP or RI and still no monies to buy additional 10% power plant. Investors should query ALP in AGM...

GoldenShares

3,543 posts

Posted by GoldenShares > 2023-06-27 09:31 | Report Abuse

wow 0.17, new low !

soon9913

2,816 posts

Posted by soon9913 > 2023-06-27 11:53 | Report Abuse

any update from the AGM?

VincentTang

1,228 posts

Posted by VincentTang > 2023-06-27 12:09 | Report Abuse

Took all profit Jaks at 0.19

mickey77

145 posts

Posted by mickey77 > 2023-06-27 12:34 | Report Abuse

No RI.

mickey77

145 posts

Posted by mickey77 > 2023-06-27 12:35 | Report Abuse

for the 10% JPP

soon9913

2,816 posts

Posted by soon9913 > 2023-06-27 13:04 | Report Abuse

where do they get the money to buy JPP10%

mickey77

145 posts

Posted by mickey77 > 2023-06-27 13:21 | Report Abuse

boss said looking at bonds, suk and in neg with Sing lenders. This morning at AGM.

VincentTang

1,228 posts

Posted by VincentTang > 2023-06-27 15:19 | Report Abuse

cannot trust lah

mickey77

145 posts

Posted by mickey77 > 2023-06-27 15:57 | Report Abuse

then dont trust simple as that

SomaCruz89

305 posts

Posted by SomaCruz89 > 2023-06-27 16:52 | Report Abuse

so tomorrow limit up?

soon9913

2,816 posts

Posted by soon9913 > 2023-06-27 18:15 | Report Abuse

when is the due date to exercise the JPP10%? cannot they use the JV profit to exercise the JPP10%?

Sslee

6,812 posts

Posted by Sslee > 2023-06-27 18:22 | Report Abuse

Good question.
Did anyone ask ALP this question at AGM?

warchest

1,814 posts

Posted by warchest > 2023-06-27 18:31 | Report Abuse

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

Posted by SarifahSelinder > 2023-06-27 19:30 | Report Abuse

Anyone asked this?


SarifahSelinder

EVN kelihatan hutang macam sampai 4 bulan slow slow slow

Those kan attend AGM nanti tanya la kat Andy what is payment term to EVN?

1 bulan? 2 bulan? 3 bulan? 4 bulan?

How fast EVN is paying up? Promptly?

Important to know the inflow in the cashflow

Remember to ask

Posted by SarifahSelinder > 2023-06-27 19:31 | Report Abuse

EVN mcm not paying on time...

mickey77

145 posts

Posted by mickey77 > 2023-06-28 07:33 | Report Abuse

Sslee,No RI could mean the 10% could be taken with a combination of suk, Sing lenders and high receivables like viet construction balances/final payment.Also JHDP dividends.
Kiasu lenders neg with collateral like the constr.balances or maybe APL pants?

curiousq

1,084 posts

Posted by curiousq > 2023-06-28 09:19 | Report Abuse

OMG!! still cannot 😼

soon9913

2,816 posts

Posted by soon9913 > 2023-06-28 10:09 | Report Abuse

is lss4 completed ady?

mickey77

145 posts

Posted by mickey77 > 2023-06-28 10:37 | Report Abuse

TNB doing testing now. COD likely mid July.

soon9913

2,816 posts

Posted by soon9913 > 2023-06-28 10:57 | Report Abuse

didint shareholders ask them to sell the loss making biz i.e. mall and construction biz?

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