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)
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
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
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.
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...
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
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.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
StartOfTheBull
7,998 posts
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?