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

437,700


41 people like this.

64,972 comment(s). Last comment by Mikecyc 3 days ago

joyvest

10,533 posts

Posted by joyvest > 2023-08-02 11:32 | Report Abuse

Who is telling lies ? Johnny ??

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-02 11:34 |

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Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-02 11:36 |

Post removed.Why?

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-02 11:38 |

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Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-02 11:40 |

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Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-02 11:42 | Report Abuse

Jaks


A ) Referred to FY21 Annual Report :


The turnaround to Profitability was mainly from the share of profit in the Vietnam joint venture which amounted to RM 140.7 million in FYE2021 as compared to RM3.8 million in the previous year .



B ) Referred to FY22 Annual Report :


The increase in Profitability arose from the Higher share of Profit from the Vietnam joint venture that rose by 11 % to RM 156.2 million.



C ) Referred to 1st QR ended March 2023 :

Share of Profit in Joint Venture is RM 28,326,000 compared to March 2022 RM 33,936,000.






>> JHDP has been granted the Investment Certificate by the Ministry of Planning and Investment of Vietnam on June 2011 to develop a 2 x 600 MW Coal Fired Thermal Power Plant Project in Phuc Thanh Commune, Kinh Mon District, Hai Duong Province, Vietnam ("Hai Duong BOT Thermal Power Plant"), under the form of Build-Operate-Transfer ("BOT") for 25 years.


>>> Construction of Hai Duong BOT Thermal Power Plant has commenced in the first half of 2016. Hai Duong BOT Thermal Power Plant achieved the commercial operation for its first unit on November 2020, while the commercial operation for the second unit was achieved in January 2021.

joyvest

10,533 posts

Posted by joyvest > 2023-08-02 11:44 | Report Abuse

Gathered from the way it goes, nobody seems to want to buy or average it anymore even though it is too good to be true at 0.19. Investors seem to have lost faith in this counter. It is expected to be in hibernation for a long long time, longer than you and me could imagine ....

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-02 11:44 |

Post removed.Why?

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-02 11:46 | Report Abuse

Cash Flow from Operating Activities :

( RM 894,000 )


Purchase of PPE and Right of Use :

( RM 31,082,000 ) ON LSS4 Project.

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-02 11:51 |

Post removed.Why?

joyvest

10,533 posts

Posted by joyvest > 2023-08-02 11:59 | Report Abuse

NTA is only 0.68 ?? Dont you think it is pathetic for a company like Jaks?

joyvest

10,533 posts

Posted by joyvest > 2023-08-02 12:00 | Report Abuse

Even Ekovest appears to be better than them

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-08-02 12:01 |

Post removed.Why?

joyvest

10,533 posts

Posted by joyvest > 2023-08-02 12:04 | Report Abuse

🐭🐍 are in hibernation inside the same den?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-08-02 12:05 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-08-02 12:09 |

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joyvest

10,533 posts

Posted by joyvest > 2023-08-02 12:12 | Report Abuse

Jaks has been trying hard to stimulate the share price by signing MOU here and there but of no avail, investors are not moved. Why ? can some one elaborate ? another wolf story is on the agenda??

joyvest

10,533 posts

Posted by joyvest > 2 minutes ago | Report Abuse

I wanna invest but there are a lot of questions in my mind unanswered . Can someone elaborate rationally ?? Or there is no rationale why it has turned out to be the unexpected ??

Sslee

6,810 posts

Posted by Sslee > 2023-08-02 12:33 | Report Abuse

Basic accounting:
Profit is after depreciation and interest paymemt.

Operation cashflow is then = profit + depreciation + interest payment

Financial cash out flow = bank installments payment = principal payment + floating rate interest payment (0n principal sum balance)

Cash available for dividend is the operation cash flow minus financial cash outflow.

Sslee

6,810 posts

Posted by Sslee > 2023-08-02 12:27 | Report Abuse

From the past record insiders press down price to issue more PP share at lower and lower price.

Form the number of PP share issues management can then allocate addiition 15% as LTIP.

Ann. Date
Date
Type
Units
Price
View
26-May-2023 29-May-2023 Private Placement 129,017,000 0.185 Additional Listing Detail
30-Jun-2021 01-Jul-2021 Private Placement 272,667,000 0.475 Additional Listing Detail
27-May-2019 28-May-2019 Private Placement 58,465,313 0.700 Additional Listing Detail
29-Mar-2018 30-Mar-2018 Private Placement 49,631,200 1.380 Additional Listing Detail
23-Mar-2017 24-Mar-2017 Private Placement 43,836,100 1.360 Additional Listing Detail

joyvest

10,533 posts

Posted by joyvest > 3 minutes ago | Report Abuse

Operating profit includes depreciation and amortization, but excludes interest and taxes.

Cash flow from operations ( operating cashflow) excludes depreciation and amortization because they are non-cash expenses, and it includes interest and taxes because they are cash expenses.

joyvest

10,533 posts

Posted by joyvest > 2023-08-02 13:18 | Report Abuse

Enormous PP has been raised by Jaks in the past but whether the PP raised has been fully allocated to good use remains doubtful and fishy . For this reason, investors are said to be sceptical of the application of PP funds. If the funds are not ploughed back and or applied effectively and efficiently to generate more earnings, the funds would be exhausted in the end as a result of which more and more PP is expected risking the company on the verge of triggering PN 17.

From the past records, the revenues have been seriously declining from one year to another and so have been the earnings which could be the harbinger of downfall to come.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-08-02 13:26 | Report Abuse

why nobody talks about kfc in foreign countries?

qqq47660

8,999 posts

Posted by qqq47660 > 2023-08-02 12:16 | Report Abuse

kfc in bursa susah la.......

why nobody talk about samaidin and solar power one?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-08-02 13:29 |

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UlarSawa

35,552 posts

Posted by UlarSawa > 2023-08-18 12:29 |

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i3lurker

14,384 posts

Posted by i3lurker > 2023-08-02 13:50 | Report Abuse

why qqq3 stopped harassing otb? kena sued?

qqq47660

why nobody talks about kfc in foreign countries?

22 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-08-02 14:05 |

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Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-02 14:12 |

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Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-02 14:13 |

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Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-02 14:07 | Report Abuse

Stock: [JAKS]: JAKS RESOURCES BERHAD
1 day ago | Report Abuse
Stock: [JAKS]: JAKS RESOURCES BERHAD
3 hours ago | Report Abuse
Stock: [INSAS]: INSAS BHD
7 hours ago | Report Abuse
誤墜投資股票騙局 女商人痛失51萬
2023年7月20日 4860点阅 責任編輯: 前線小編
(北海20日訊)女商人誤墜投資股票騙局,痛失51萬2244令吉。

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-02 14:15 | Report Abuse

Stock: [JAKS]: JAKS RESOURCES BERHAD
1 day ago | Report Abuse
>> Haha Just beware those talk 3 talk 4 on US Or HK stocks in Local i3 Malaysia … what is their Intention ? i3 got Overseas websites leh … 




>>> Beware of Recent article on SCAM US n HK stocks Online Platform….

Johnchew5

11,612 posts

Posted by Johnchew5 > 3 hours ago |

Post removed.Why?

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-02 14:17 |

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Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-02 14:32 |

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Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-02 14:34 |

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Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-11-18 08:37 |

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Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-02 14:37 | Report Abuse

每周停電4次 電費狂漲 越南外企生產受創
2023年7月24日 4080点阅 責任編輯: 財經小編
(胡誌明市24日訊)越南爆發缺電危機,主要工業區的電力供應連續中斷,當地電子業者表示,每周停電達3到4次,已經嚴重衝擊生產。除了缺電,海防、北寧和同奈等電價也大幅調漲13%至28%,令韓國、歐洲等跨企憂心忡忡,敦促越南解決電力問題。

joyvest

10,533 posts

Posted by joyvest > 2023-08-02 14:56 | Report Abuse

It is believed that all the PP raised has been channelled to the Vietnam where the projects are focused. However,there is no transparency for the application of funds overseas. This is tantamount to Serba Dynamic ( SD ) where all funds raised be it through PP ,RI , external borrowings etc have been purportedly channelled to " projects" to be undertaken overseas but ended up with mostly " fake projects " as a result of which all the Investors of SD have been swindled , suffering from huge losses in the end. Meanwhile , SD is confirmed to be doomed with no chance of reverting to main board , not in a million years.

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-02 14:56 | Report Abuse

Jaks Warrant


WB : Maturity 13/12/2023. RI at 0.25


Ex price 0.34


52w 0.010 - 0.10




WC : Maturity : 18/11/2025. RI at 0.22


Ex price : 0.49


52w 0.045 - 0.12

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-08-02 14:58 |

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Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-02 14:59 |

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Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-02 15:01 |

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UlarSawa

35,552 posts

Posted by UlarSawa > 2023-08-02 15:03 |

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Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-02 15:03 |

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joyvest

10,533 posts

Posted by joyvest > 2023-08-02 15:04 | Report Abuse

The funds are subject to be abused where there is no transparency for the application of funds for the oversea projects. More PP is expected to be issued by the Company. The more they issue, the more pernicious they are .

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-08-02 15:06 |

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Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-02 15:08 |

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i3lurker

14,384 posts

Posted by i3lurker > 2023-08-02 15:08 |

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