JAKS RESOURCES BERHAD

KLSE (MYR): JAKS (4723)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

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 2 days ago

Posted by StartOfTheBull > 2023-10-06 08:36 | Report Abuse

Bodo SSLee if you have so many questions why not you write to the management for the answers?

Posted by StartOfTheBull > 2023-10-06 08:44 | Report Abuse

Very soon rest of the cha cha gang will join the chat. LOL

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-10-06 08:48 |

Post removed.Why?

Posted by StartOfTheBull > 2023-10-06 09:15 | Report Abuse

Ular why you talk on behalf of SSLee? You just came out from his buntut issit?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-10-06 09:17 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-10-06 09:20 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-10-06 09:22 |

Post removed.Why?

Posted by StartOfTheBull > 2023-10-06 09:24 | Report Abuse

Konkam Ular, actually the main reasons are his buntut smell nice for you or you are paid to talk on behalf of him?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-10-06 09:26 |

Post removed.Why?

Johnchew5

11,610 posts

Posted by Johnchew5 > 2023-10-06 18:15 |

Post removed.Why?

Johnchew5

11,610 posts

Posted by Johnchew5 > 2023-10-06 18:16 |

Post removed.Why?

Johnchew5

11,610 posts

Posted by Johnchew5 > 2023-10-07 10:18 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-10-07 20:17 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-10-07 20:17 |

Post removed.Why?

Johnchew5

11,610 posts

Posted by Johnchew5 > 2023-10-07 21:21 |

Post removed.Why?

Johnchew5

11,610 posts

Posted by Johnchew5 > 2023-10-09 07:00 |

Post removed.Why?

MarioBros

475 posts

Posted by MarioBros > 2023-10-09 09:30 | Report Abuse

Johnchew5, got any good news on JAKS?

Johnchew5

11,610 posts

Posted by Johnchew5 > 2023-10-09 21:23 | Report Abuse

MA10 : 0.210


1.) 1st hurdle BB 20 2 Mid : 0.2095 Done 


2.) 2nd hurdle MA200 : 0.2136


3.) 3rd hurdle MA400 ( from 0.27 to 0.25 )


4.) 4th hurdle 52W H ……( from 0.34 to 0.305 )

Johnchew5

11,610 posts

Posted by Johnchew5 > 2023-10-09 21:29 |

Post removed.Why?

Johnchew5

11,610 posts

Posted by Johnchew5 > 2023-10-10 11:14 |

Post removed.Why?

Johnchew5

11,610 posts

Posted by Johnchew5 > 2023-10-10 11:33 |

Post removed.Why?

Johnchew5

11,610 posts

Posted by Johnchew5 > 2023-10-10 11:42 |

Post removed.Why?

Johnchew5

11,610 posts

Posted by Johnchew5 > 2023-10-10 11:44 |

Post removed.Why?

Posted by StartOfTheBull > 2023-10-10 12:47 | Report Abuse

Ular no one talking to you so you come here talk kot kah?

Johnchew5

11,610 posts

Posted by Johnchew5 > 2023-10-10 14:35 |

Post removed.Why?

Johnchew5

11,610 posts

Posted by Johnchew5 > 2023-10-10 19:05 | Report Abuse

MA10 : 0.210


1.) 1st hurdle BB 20 2 Mid : 0.2095 Done 


2.) 2nd hurdle MA200 : 0.2136


3.) 3rd hurdle MA400 ( from 0.27 to 0.25 )


4.) 4th hurdle 52W H ……( from 0.34 to 0.305 )


—-

MA10 : 0.2095


1.) 1st hurdle BB 20 2 Mid : 0.2100 


2.) 2nd hurdle MA200 : 0.2132


3.) 3rd hurdle MA400 ( from 0.27 to 0.25 )


4.) 4th hurdle 52W H ……( from 0.34 to 0.305 )


VWAP : 0.213 CP : 0.215

Johnchew5

11,610 posts

Posted by Johnchew5 > 2023-10-10 19:06 | Report Abuse

Average Volume (3M) 19,841,000
Relative Volume 0.9

joyvest

10,533 posts

Posted by joyvest > 2023-10-12 07:17 | Report Abuse

It is evident from the reflection of share price that this counter has been ditched by investors.

No need to procrastinate to hype as it is futile

Sslee

6,791 posts

Posted by Sslee > 2023-10-12 07:40 | Report Abuse

If only I was told that KYY wish to vote out the incompetant BOD and put in his nominees, I would have rally everyone attending the AGM to vote with KYY. Then today jaks price will be abt RM 1.50 (Aseng TP)

Johnchew5

11,610 posts

Posted by Johnchew5 > 2023-10-12 08:00 |

Post removed.Why?

Johnchew5

11,610 posts

Posted by Johnchew5 > 2023-10-12 08:08 |

Post removed.Why?

Johnchew5

11,610 posts

Posted by Johnchew5 > 2023-10-12 08:13 |

Post removed.Why?

Johnchew5

11,610 posts

Posted by Johnchew5 > 2023-10-12 08:24 |

Post removed.Why?

Sslee

6,791 posts

Posted by Sslee > 2023-10-12 08:24 | Report Abuse

Repost:
You need CAPEX to modernise/automatic your plants/equipments to increase production capacity, only so stupiiiid is still so primative solely using increase labour to increase production capacity.

So now what happen to PA? Run out of labour to increse production capacity and become more profitable?

The super promoter of PA is now day and night promoting Jaks and refuse to answer question on Jaks yearly impairment of receivables and impairment loss in goodwill and yearly PP and RI

PA
Quarter
Revenue
PBT
NP
NP to SH
EPS
NAPS
Financial Year: 30-Jun-2023
30-Jun-2023 104,755 13,585 3,322 3,322 0.23 0.1876
31-Mar-2023 84,810 299 239 239 0.02 0.1849
31-Dec-2022 133,848 15,300 12,636 12,636 0.95 0.1843
30-Sep-2022 138,331 15,150 15,150 15,150 1.22 0.1797

Since jaks granted 70,500,000 ordinary shares (“LTIP Shares”) SG. Share grant on 10 july 2023 hence RM12.69M of LTIP expenses will only be charged to Q3 2023 under other operating, administrative expenses.
Hence Q3 2023 NP will be Q to Q and Y to Y drop

Based on past 4 years norm jaks Q4 2023 another Q to Q and Y to Y drop due to impairment on trade and other receivables and impairment loss on goodwill.

This is what happen the past 4 years.
12 months end 31/12/22: 12 months end 31/12/21
RM'000: RM'000
Impairment Loss on Goodwill 29,000: 23,636
Allowance for impairment of receivables 22,833: 20,348

12 months end 31/12/20: 12 months end 31/12/19
RM'000: RM'000
Impairment Loss on Goodwill 52,000: 20,365
Allowance for impairment of receivables 69,507: 12,490

No bank wants to lend anymore money to Jaks so Jaks every year either PP or RI

Question when will be the next PP or RI and at what price?
Ann. Date
Date
Type
Units
Price
View
07-Sep-2023 08-Sep-2023 Private Placement 80,014,700 0.180 Additional Listing Detail
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

13-Oct-2020 26-Oct-2020 RIGHTS_ISSUE Rights Issue 8.0000 : 5.0000
05-Nov-2018 16-Nov-2018 RIGHTS_ISSUE Rights Issue 1 : 2

Johnchew5

11,610 posts

Posted by Johnchew5 > 2023-10-12 08:27 |

Post removed.Why?

Johnchew5

11,610 posts

Posted by Johnchew5 > 2023-10-12 08:28 |

Post removed.Why?

Johnchew5

11,610 posts

Posted by Johnchew5 > 2023-10-12 08:28 | Report Abuse

Posted by Johnchew5 > 2 minutes ago | Report Abuse

Posted by Johnchew5 > 2 days ago | Report Abuse

MA10 : 0.210


1.) 1st hurdle BB 20 2 Mid : 0.2095 Done 


2.) 2nd hurdle MA200 : 0.2136


3.) 3rd hurdle MA400 ( from 0.27 to 0.25 )


4.) 4th hurdle 52W H ……( from 0.34 to 0.305 )

Johnchew5

11,610 posts

Posted by Johnchew5 > 2023-10-12 08:30 |

Post removed.Why?

Johnchew5

11,610 posts

Posted by Johnchew5 > 2023-10-12 08:31 |

Post removed.Why?

Sslee

6,791 posts

Posted by Sslee > 2023-10-12 08:34 | Report Abuse

Know why Bank suddenly cut JHDP USD loan repayment period to 10 year?
With IRR of 12% and 75% loan repayment 10 years mean JHDP will have cash flow problem in repaying the 10 year term loan. You can expect no more dividend form JHDP until 2031.

So more PP and RI forthcoming.

Johnchew5

11,610 posts

Posted by Johnchew5 > 2023-10-12 08:34 | Report Abuse


>> Vietnam Power Plant is a Capital Intensive Project with Value USD 1.87 Billion ( RM 8.6 Billion) .. 



See Jaks insiders had been monitoring n controlling the Gearing Ratio in a Healthy Level : 



1.) FYE2019 : 0.43 X 




2.) FYE2020 : 0.34 X 




3.) Referred to FY23 , 1 QR ended March 2023 : 0.375 X 




4.) Referred to FY23 , 2QR ended June 2023 : 0.362 X

Johnchew5

11,610 posts

Posted by Johnchew5 > 2023-10-12 08:44 |

Post removed.Why?

Sslee

6,791 posts

Posted by Sslee > 2023-10-12 08:45 |

Post removed.Why?

Johnchew5

11,610 posts

Posted by Johnchew5 > 2023-10-12 08:46 |

Post removed.Why?

Sslee

6,791 posts

Posted by Sslee > 2023-10-12 08:49 | Report Abuse

Repost:
Jaks
FY 2022: FY2021
RM'000, RM'000
Revenue 89,794 108,145
Cost of Sales(74,650) (89,361)
Gross Profit 15,144 18,784
Other Operating Income 3,709 4,535
Other Operating, Administrative Expenses (113,524) (111,758)
Operating Loss before finance cost (94,671) (88,439)
Finance cost (24,383) (21,980)
Operating Loss after finance cost (119,054) (110,419)
No Wander yearly issued either RI or PP to get money from shareholders to pay Other Operating, Administrative Expenses and Finance cost...

Ann. Date Date Type Unit Price
07-Sep-2023 08-Sep-2023 Private Placement 80,014,700 0.180 Additional Listing Detail
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

13-Oct-2020 26-Oct-2020 RIGHTS_ISSUE Rights Issue 8.0000 : 5.0000
05-Nov-2018 16-Nov-2018 RIGHTS_ISSUE Rights Issue 1 : 2

Know how much other incomes insas have?
FY 2023: FY2022
RM'000, RM'000
Other incomes 94,469 101,489

Jaks
FY 2022: FY2021
RM'000, RM'000
Revenue 89,794 108,145
But
Trade and Other Receivables 340,873 344,366
No wonder every year come Q4 impairment of Trade and Other Receivables.

This is what happen the past 4 years.
12 months end 31/12/22: 12 months end 31/12/21
RM'000: RM'000
Impairment Loss on Goodwill 29,000: 23,636
Allowance for impairment of receivables 22,833: 20,348

12 months end 31/12/20: 12 months end 31/12/19
RM'000: RM'000
Impairment Loss on Goodwill 52,000: 20,365
Allowance for impairment of receivables 69,507: 12,490

Johnchew5

11,610 posts

Posted by Johnchew5 > 2023-10-12 08:56 |

Post removed.Why?

Sslee

6,791 posts

Posted by Sslee > 2023-10-12 08:58 | Report Abuse

By the way 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.

Posted by StartOfTheBull > 2023-10-12 09:01 | Report Abuse

Jaks coming QR is expected to be better.
As usual, SSLee is doing his copy and paste action which has no value, as his staff, the 🐍.

Johnchew5

11,610 posts

Posted by Johnchew5 > 2023-10-12 09:04 |

Post removed.Why?

Johnchew5

11,610 posts

Posted by Johnchew5 > 2023-10-12 09:09 |

Post removed.Why?

Post a Comment