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 1 day ago

Sslee

6,788 posts

Posted by Sslee > 2023-11-20 08:00 | Report Abuse

LARGEST WARRANT B HOLDERS AS AT 24 MARCH 2023
No. of
Names Warrant B (%)
1. Chong Kok Foo 22,464,833 13.10

2. Kenanga Nominees (Tempatan) Sdn Bhd 20,835,842 12.15
Pledged Securities Account for Ang Lam Poah

3. HLB Nominees (Tempatan) Sdn Bhd 10,165,749 5.93
Pledged Securities Account for Loo Kee Seng

4. Public Nominees (Tempatan) Sdn Bhd 8,770,850 5.11
Pledged Securities Account for Ang Lam Poah

5. Phillip Nominees (Tempatan) Sdn Bhd 7,775,240 4.53
Pledged Securities Account for Ang Lam Poah

6. Affin Hwang Nominees (Tempatan) Sdn Bhd 5,641,790 3.29
Pledged Securities Account for Ang Lam Poah

7. Original Invention Sdn Bhd 5,215,100 3.04

8. Er Soon Puay 3,700,500 2.16

9. Koh Seng Poh 3,454,011 2.01

10. Ch’ng Kim Soon 2,479,400 1.45

11. Wilfred Koh Seng Han 2,395,522 1.40

12. Maybank Nominees (Tempatan) Sdn Bhd 2,351,536 1.37
Pledged Securities Account for Ang Lam Poah

1 more week to last trading date on WB 27 Nov 2023.
Insider ALP pledged securities warrent B will turn into toilet paper or can he do something?

Mikecyc

46,609 posts

Posted by Mikecyc > 2023-11-20 08:40 |

Post removed.Why?

Mikecyc

46,609 posts

Posted by Mikecyc > 2023-11-20 08:43 |

Post removed.Why?

Mikecyc

46,609 posts

Posted by Mikecyc > 2023-11-20 08:48 |

Post removed.Why?

Huangbk72

5,066 posts

Posted by Huangbk72 > 2023-11-20 08:50 | Report Abuse

Mikecyc ah.. u forgot your comments

😂😂

Posted by Mikecyc > 8 minutes ago | Report Abuse

Huangbbkk72
Huangbbkk72 | Joined since 2023-11-09


This account has been banned for violating the Terms and Conditions of Use or Community Standards of this portal.
Investing Experience -

Huangbk72

5,066 posts

Posted by Huangbk72 > 2023-11-20 09:00 | Report Abuse

Everyone but Mikecyc thinks Jaks should take up 10% extra stake in Jaks Vietnam plant.

All coal plant will be phased out in VN
Power Tariff will continually be reduced to achieve this target

Seems time is really running out for Jaks.

All eggs in 1 basket..

🤣🤣🤣🤣

Mikecyc

46,609 posts

Posted by Mikecyc > 2023-11-20 09:02 |

Post removed.Why?

Huangbk72

5,066 posts

Posted by Huangbk72 > 2023-11-20 09:04 | Report Abuse

How le Mikecyc? U know where the money go to?

Dont be a tin kosong.. 😂😂😂😂

You posted profit and JAKs
accumulated profits

Simple question: why OCF and FCF negative over last few years ?
Remember Serba Dinamik? Before caught by KPMG, posted profit every quarter but negative free cash flow.

Breakdown TTM 12/30/2022 12/30/2021 12/30/2020 12/30/2019
Operating Cash Flow -62,823 -80,946 -31,394 20,943 211,653
Free Cash Flow -200,367 -221,265 -34,748 -11,052 211,569

Your cash cow no milk.. cannot even contribute

Huangbk72

5,066 posts

Posted by Huangbk72 > 2023-11-20 10:18 | Report Abuse

Investing is all about information.

12% reduction on tariff rate is a BIG impact for Jaks that rely solely on VN plant.

Latest update on Jaks Hai Duong Plant

In October 2023, Price for all coal plant power generated will be reduced from maximum (2022 price frame is 1.773,76/kWh) to new tariff rate ( 0 - 1.559,7 VND/kWh)

Earnings for Jaks will be reduced from Vietnam by 12% due to revised new power tariff.
Currency impact ( Paid in VN and Loan in USD) as disclosed by Bruce Wayne..

Rate effective Nov1 for 1year.

SomaCruz89

305 posts

Posted by SomaCruz89 > 2023-11-20 11:22 |

Post removed.Why?

Huangbk72

5,066 posts

Posted by Huangbk72 > 2023-11-21 09:40 | Report Abuse

Jaks share price Dec 2022 is around RM 0.24. Paid BOD RM13.3 Million
Current share price 0.20

Any current investors know why RM13.3M was paid.. Money badly spent.. share price keeps dropping.

Sslee

6,788 posts

Posted by Sslee > 2023-11-21 09:51 | Report Abuse

Most of the 2022 BOD payment is from LTIP free grant of Jaks share.

Stock [JAKS]: JAKS RESOURCES BERHAD
Announcement Date 15-Sep-2022
Reference No ALA-14092022-00012
Listing Date 19-Sep-2022
New type/class? No
Type Others
Details Long Term Incentive Plan - vesting of ordinary shares under Restricted Share Plan - Grant of LTIP
No. of shares issued 45,000,000
Issue Price MYR 0.260
Par Value 0.000
Total NOSH 2,087,317,607


Details of Changes:
Currency -
Date of Change Type Number of Shares
19-Sep-2022 Others 27,000,000
Registered Name Ang Lam Poah
Nature of Interest Direct Interest
Description Vesting RSP
Nature of Interest Direct Interest
Shares Ordinary Share
Reason Vesting of ordinary shares of JAKS Resources Berhad under the Restricted Share Plan (RSP) of the Long Term Incentive Plan.
Consideration -

Sslee

6,788 posts

Posted by Sslee > 2023-11-21 09:56 | Report Abuse

Stock [JAKS]: JAKS RESOURCES BERHAD
Announcement Date 07-Jul-2023
Reference No ALA-06072023-00010
Listing Date 10-Jul-2023
New type/class? No
Type Others
Details Long Term Incentive Plan - vesting of ordinary shares under Restricted Share Plan - Grant of LTIP
No. of shares issued 70,500,000
Issue Price MYR 0.180
Par Value 0.000
Total NOSH 2,289,834,607

Shareholders are paying the LTIP free grant and coming Q3 will have LTIP expenses of 70,500,000 × RM 0.18 = RM 12,690,000.

Sslee

6,788 posts

Posted by Sslee > 2023-11-21 09:59 | Report Abuse

The question LTIP stand for long term incentive plan to retain talent. So is ALP deserve the LTIP? Do you thing without LTIP ALP will not stay in Jaks?

Sslee

6,788 posts

Posted by Sslee > 2023-11-21 10:01 | Report Abuse

ALP is blantantly abuse the LTIP plan to reward himself.

Sslee

6,788 posts

Posted by Sslee > 2023-11-21 10:03 | Report Abuse

And most likely without LTIP, ALP pledged Jaks share will be margin call forced sell by bankers.

Posted by Shareview123 > 2023-11-21 11:02 | Report Abuse

Based on the Annual Report 2022,

Page 82


STATEMENTS OF CASH FLOWS
For the financial year ended
31 December 2022



LTIP expenses = RM 13,980,000

Mikecyc

46,609 posts

Posted by Mikecyc > 2023-11-21 11:49 |

Post removed.Why?

Mikecyc

46,609 posts

Posted by Mikecyc > 2023-11-21 11:50 |

Post removed.Why?

Mikecyc

46,609 posts

Posted by Mikecyc > 2023-11-21 11:52 |

Post removed.Why?

Mikecyc

46,609 posts

Posted by Mikecyc > 2023-11-21 11:53 |

Post removed.Why?

Mikecyc

46,609 posts

Posted by Mikecyc > 2023-11-21 11:59 |

Post removed.Why?

Mikecyc

46,609 posts

Posted by Mikecyc > 2023-11-21 12:00 |

Post removed.Why?

Mikecyc

46,609 posts

Posted by Mikecyc > 2023-11-21 12:03 |

Post removed.Why?

Mikecyc

46,609 posts

Posted by Mikecyc > 2023-11-21 12:07 |

Post removed.Why?

Sslee

6,788 posts

Posted by Sslee > 2023-11-21 12:11 | Report Abuse

If no bank wants to lend the money to Jaks, can ask Insas credit and leasing for the bridging loan and repaid after jaks RI arranged by M&A securities.

Mikecyc

46,609 posts

Posted by Mikecyc > 2023-11-21 12:29 |

Post removed.Why?

Mikecyc

46,609 posts

Posted by Mikecyc > 2023-11-21 12:36 |

Post removed.Why?

Huangbk72

5,066 posts

Posted by Huangbk72 > 2023-11-21 12:44 | Report Abuse

How le Mikecyc? U know where the money go to?

Dont be a tin kosong.. 😂😂😂😂

You posted profit and JAKs
accumulated profits

Simple question: why OCF and FCF negative over last few years ?
Remember Serba Dinamik? Before caught by KPMG, posted profit every quarter but negative free cash flow.

Breakdown TTM 12/30/2022 12/30/2021 12/30/2020 12/30/2019
Operating Cash Flow -62,823 -80,946 -31,394 20,943 211,653
Free Cash Flow -200,367 -221,265 -34,748 -11,052 211,569

Your cash cow no milk.. cannot even contribute

Mikecyc

46,609 posts

Posted by Mikecyc > 2023-11-21 12:48 |

Post removed.Why?

Mikecyc

46,609 posts

Posted by Mikecyc > 2023-11-21 12:55 |

Post removed.Why?

Mikecyc

46,609 posts

Posted by Mikecyc > 2023-11-21 12:55 |

Post removed.Why?

Huangbk72

5,066 posts

Posted by Huangbk72 > 2023-11-21 13:04 | Report Abuse

U ready to take this challenge to prove you are not a slanderer..

Let’s make a bet Mikecyc. God is witness, judge and executioner

If i own loganathan, u name my punishment.

If I don’t own loganathan, then you lose every bet you make in share trading.

Game? Given you handicap

Posted by Mikecyc > 50 seconds ago | Report Abuse

The fact is proven he is a Tin Kosong as loss naked hibernated for so long more than 7 years

Mikecyc

46,609 posts

Posted by Mikecyc > 2023-11-21 13:14 |

Post removed.Why?

Huangbk72

5,066 posts

Posted by Huangbk72 > 2023-11-21 13:15 | Report Abuse

So proven you dont dare and just slander for fun

Means you been doing it for 40k + posts.

Hahahaa... now everyone knows..

Pitiful sore loser..

😂😂😂😂

Mikecyc

46,609 posts

Posted by Mikecyc > 2023-11-21 13:31 | Report Abuse

Referred to FY23 , 1 QR ended March 2023 :



Cash Flow from Operating Activities :


( - RM 894,000 )


Purchase of PPE and Right of Use :

( - RM 31,082,000 ) in LSS4 Solar Project


>> Increased in Non Current Assets .

Mikecyc

46,609 posts

Posted by Mikecyc > 2023-11-21 13:33 |

Post removed.Why?

Huangbk72

5,066 posts

Posted by Huangbk72 > 2023-11-21 13:37 | Report Abuse

Hahaha.. Come la.. dont be a scardy cat...

The bet.... Its not testing even your FA and TA

Its a test of integrity...

Who will listen to your promotional posts when all you do is slander.. Better talk to your own mirror

🤣🤣🤣

Aldous47

172 posts

Posted by Aldous47 > 2023-11-21 14:53 | Report Abuse

price which less than 20 cents is a good buy 😁

eatsmall

1,556 posts

Posted by eatsmall > 2023-11-21 17:28 | Report Abuse

keras mati counter ni..semoga dilembutkan TUHAN esok..

Huangbk72

5,066 posts

Posted by Huangbk72 > 2023-11-21 17:31 | Report Abuse

Next week QR.

Pray hard there is a pre-rally

Mikecyc

46,609 posts

Posted by Mikecyc > 2023-11-22 05:43 |

Post removed.Why?

Mikecyc

46,609 posts

Posted by Mikecyc > 2023-11-22 05:55 |

Post removed.Why?

Huangbk72

5,066 posts

Posted by Huangbk72 > 2023-11-22 05:57 | Report Abuse

Hahaha.. Mikecyc so desparate ka.. still posting June/July news.

U didnt read all the latest update for Vietnam power generation industry?

Already posted June and July, coal shortage in Vietnam. Thats means less power generated.

Also means impact on Jaks Q3 report.

Mikecyc

46,609 posts

Posted by Mikecyc > 2023-11-22 06:04 |

Post removed.Why?

Huangbk72

5,066 posts

Posted by Huangbk72 > 2023-11-22 06:07 | Report Abuse

Ye ke? Past is same as present?

Like that.. everyone can play stocks and win money

No need homework..

😂😂😂😂

Mikecyc

46,609 posts

Posted by Mikecyc > 2023-11-22 06:12 |

Post removed.Why?

Huangbk72

5,066 posts

Posted by Huangbk72 > 2023-11-22 06:14 | Report Abuse

Yaya... only your wish 😂

Good stocks dont need promoting... Unlike you, promoting Jaks 6 months liao... still only paper profit less than 1c

Need to ignore you? 😁

Mikecyc

46,609 posts

Posted by Mikecyc > 2023-11-22 06:20 |

Post removed.Why?

Huangbk72

5,066 posts

Posted by Huangbk72 > 2023-11-22 06:22 | Report Abuse

Foreign partners of Coal powered plant in Vietnam has started to leave.

USA, KOREA and CHINA has started the ball rolling...

All points to VN phasing out coal plant. Its too costly to convert coal to cleaner fuel plant.

Can Mikecyc explain:
1) Why you insist JAKS should take up extra 10% in VN plant
2) If CPECC leaves, what happens to JAKS?

Dont forget.. JAKS cannot even get funding and rely on CPECC to get money to start the project.

https://www.naturalgasworld.com/aes-in-discussions-to-sell-major-coal-fired-power-plant-in-vietnam-sources-108372

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