JAKS RESOURCES BERHAD

KLSE (MYR): JAKS (4723)

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Last Price

0.135

Today's Change

0.00 (0.00%)

Day's Change

0.13 - 0.135

Trading Volume

589,000


41 people like this.

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

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-21 12:56 |

Post removed.Why?

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-21 13:03 |

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Posted by StartOfTheBull > 2023-08-21 13:06 | Report Abuse

Isn't it better i3Licker lick Superman Lee buntut or s§π∆ each other 🍌? 😄😄😄

********

i3lurker

12,437 posts

Posted by i3lurker > 7 hours ago | Report Abuse

see?
old Dog can be taught new tricks to copy my disappearing posts.
:)

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-21 13:11 |

Post removed.Why?

Sslee

6,806 posts

Posted by Sslee > 2023-08-21 13:11 | Report Abuse

Over the years, we can see the Group keeps participating in loss-making projects (i.e. property investments) and involved in countless of legal tussles. Moreover, it is constantly in need of funds and using equity capital market as a "cash machine" to issue shares via private placement, rights issues and long-term incentive plan, without corresponding growth in its earnings and operating cash flow. The proceeds raised of RM587 million from the shareholders since FYE2017 is much higher than the RM400+ million market capitalisation.

Market Cap: 469 Million
NOSH: 2,290 Million
Avg Volume (4 weeks): 10,362,570
4 Weeks Range: 0.185 - 0.21
52 Weeks Range: 0.17 - 0.34

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-21 13:14 |

Post removed.Why?

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-21 13:16 |

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Posted by StartOfTheBull > 2023-08-21 13:21 | Report Abuse

🤣🤣🤣
M&A Securities Sdn Bhd is M&A Equity Holdings Bhd.
So is it M&A Equity Holdings Bhd financial results to be "incorporated" ino accounts of SYF Resources Bhd or "incorporated " into accounts of M&A Equity Holdings Bhd?
***********


Sslee

2,238 posts

Posted by Sslee > 3 hours ago | Report Abuse

Someone not even know when is the date M&A securities sdn Bhd reverse takeover SYF bhd and rename M & A EQUITY HOLDINGS BERHAD

So when will M&A Securities Sdn Bhd financial result will be incorporated into M & A EQUITY HOLDINGS BERHAD

If you just talk less no one will know you are so stupiiiiiid🤯

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-21 13:21 | Report Abuse


Jaks


Refer QR ended March 2023 :


Non Current Assets :

PPE. 273,041,000

Investment Properties 594,321,000

Investment in Joint Venture. 829,105,000

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-21 13:26 |

Post removed.Why?

i3lurker

14,380 posts

Posted by i3lurker > 2023-08-21 13:30 | Report Abuse

so good of Satanic Accuser Johny to remind that Jaks has another potential RM400 million property value losses not charged to profit and loss account.
as these malls only worth one third value of costs.
Boom time still only Bangla go there to sweep floor

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-21 13:33 |

Post removed.Why?

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-21 13:41 |

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Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-21 13:46 |

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Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-21 13:49 |

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Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-21 14:38 |

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i3lurker

14,380 posts

Posted by i3lurker > 2023-08-21 15:56 | Report Abuse

its 15 sen already?

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-21 17:06 |

Post removed.Why?

i3lurker

14,380 posts

Posted by i3lurker > 2023-08-21 18:36 | Report Abuse

Today definitely Jaks price dropped immediately after Satanic Accuser Johnny posted about the RM400 million property loss to be charged to profit and loss account.

mickey77

145 posts

Posted by mickey77 > 2023-08-21 20:02 | Report Abuse

Jaks LSS4 COD already. Jaks announced today

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-21 20:45 |

Post removed.Why?

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-21 20:52 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-08-21 21:19 |

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Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-21 21:22 |

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Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-21 21:23 |

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Posted by StartOfTheBull > 2023-08-21 21:41 | Report Abuse

🐍 sudah mari, sudah cuci bos munya👙dan🐦 ?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-08-21 21:48 |

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DickyMe

14,884 posts

Posted by DickyMe > 2023-08-21 21:54 | Report Abuse

HIAPTEK? Siapa cakap pasal HIAPTEK..Burrrp!
Oh! Ular kah.
Sui sui loh!

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-21 22:34 |

Post removed.Why?

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-21 22:36 |

Post removed.Why?

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-21 22:37 |

Post removed.Why?

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-21 22:38 |

Post removed.Why?

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-21 22:41 |

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Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-21 22:43 |

Post removed.Why?

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-21 22:44 |

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Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-21 22:54 |

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i3lurker

14,380 posts

Posted by i3lurker > 2023-08-22 00:46 | Report Abuse

COD means must start paying off loans right?

and since its all rainy weather, El Nino, it means pay loans cash is more than Tenaga cash coming in right?
so another event of default?

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-22 04:39 | Report Abuse

PETALING JAYA, 21 AUGUST 2023 – JAKS Resources Berhad (“JAKS” or the “Group”), a construction and power utilities group specialising in water and other infrastructure projects and energy development, announced that its wholly-owned subsidiary JAKS Solar Nibong Tebal Sdn. Bhd. had successfully completed and achieved commercial operations date (“COD”) for its 50-megawatt (“MW”) Solar Photovoltaic (“PV”) Project under the large-scale solar 4 programme (“LSS4”).

JAKS was one of the successful players that won the bid for the LSS4 project for 50MW capacity tendered by the Energy Commission of Malaysia in March 2021 and will operate under a 25-year concession period until August 2048.

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-22 04:44 |

Post removed.Why?

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-22 04:50 |

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Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-22 04:52 |

Post removed.Why?

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-22 05:01 |

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Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-22 05:08 |

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Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-22 05:14 | Report Abuse

HANOI (Xinhua): Vietnam's Deputy Minister of Industry and Trade Do Thang Hai has reassured that there would be a sufficient supply of power for production and daily life to the end of 2023 following a shortage recorded in May and June due to hot weather and prolonged droughts, local media has reported.8 Jul 2023




Summer weather in Vietnam starts around May, with power consumption peaking in June and July. Temperatures have been high this year, as northern Vietnam reached a record 44.1 C in early May. Hanoi's daily electricity consumption in May averaged about 75 million kilowatt-hours, up 20% from the same month last year. 8 Jun 2023

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-22 05:42 | Report Abuse

ZC Energy is owned by two Chinese nationals, namely Mr. Ji Jian and Mr. Wang Xue Jun, each holding 50% of the shares and the Managing Director is Mr. Ji Jian. It is a company specifically established for Italian projects and is the project sponsor of the current project in Tuscany. Mr. Wang Xue Jun also owns BaySolar AG and Bay Energy Group which has previously developed similar solar projects in Europe ranging from 7.4MW to 163MW.

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-22 05:44 | Report Abuse

3. SALIENT TERMS OF THE MOU
(i) Under the terms of the MOU, the Parties have agreed on the following approach:
(a) ZC Energy shall grant an exclusivity period of 3 months from the date of the MOU or any mutually extended period (the “Cooperation Period”) for JAKS Power to conduct its due diligence and for the Parties to sign the definitive agreements which shall stipulate the roles, project investment price, construction period, and other specific details (“Definitive Project Investment Agreement”); and
1

(b) In the event the Parties are unable to sign the Definitive Project Investment Agreement within the Cooperation Period, ZC Energy may choose to proceed with the project implementation on its own and JAKS Power shall have the option to invest in the project at a later stage.

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-22 05:52 |

Post removed.Why?

Johnchew5

11,612 posts

Posted by Johnchew5 > 2023-08-22 08:53 |

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Sslee

6,806 posts

Posted by Sslee > 2023-08-22 09:07 | Report Abuse

I thought I already bury MikeTikus alive for good. Is MikeTikus still alive and kicking?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-08-22 09:11 |

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