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

375,200


41 people like this.

64,972 comment(s). Last comment by Mikecyc 20 hours ago

xiaoeh

2,694 posts

Posted by xiaoeh > 2024-05-15 10:26 | Report Abuse

Realsifu says buy i buy

Realrich

1,410 posts

Posted by Realrich > 2024-05-15 10:34 | Report Abuse

Wait 0.11

Windy1974

743 posts

Posted by Windy1974 > 2024-05-15 11:13 | Report Abuse

JAKS shareholders are in a catch 21 situation here. The losses are so much that they felt pointless to sell. I am glad my friend sold his AT with more than 90% losses. Remember KYY posting in front of AT? If KYY was naive, then he was not wronged. But i believe he is quite smart lah. Anyway!
JAKS jewel is VN powerplant. However, everything else was bleeding cash. Hopefully LSS4 is positive cash flow lah. More PPs are inevitable. Whether this is ALP's smart move or not yet to be seen. Either way, JAKS would suffer short to mid term unless VN powerplant distribute dividends. Would they? This situation reminds me of Muhibbah. On paper, Muhibbah makes tons of money from Cambodia airport concessions. Have they seen the money after so long? This is like SSlee kept bragging about how much Insas's worth but can see but not touch. Of course, now he can start complaining after he no longer making losses in Insas shares. Another classic example how our judgements/comments are distorted by our interests

Posted by Silentreader88 > 2024-05-15 11:16 | Report Abuse

180 Mill PP, disposed :
Yesterday 39mill
Today 48mill

So i think need to wait those panic subsriber to dispose all then only price can up.

Sslee

6,776 posts

Posted by Sslee > 2024-05-15 11:40 | Report Abuse

Every year I attended Insas AGM and complaint why can't BOD give a reasonable and fair dividend.
I'm still holding 400k+ Insas and looking to top up at below RM1 then Below RM0.9.

Sslee

6,776 posts

Posted by Sslee > 2024-05-15 11:43 | Report Abuse

A 25 year VN power plant with 25 year depreciation but the 75% loan bankers play safe and want their money + high interest back in 10 years.

So can report good profit but not enough cash flow to pay good dividend

MrFox

1,344 posts

Posted by MrFox > 2024-05-15 13:55 | Report Abuse

Sslee@@
Are u sad or happi that the mouse is now in Jaks cell??!!!!

haha

Sslee

6,776 posts

Posted by Sslee > 2024-05-15 14:10 | Report Abuse

I am here only giving some figures and hope people can think for themselve and not misled by the Mike-tikus.

Johnchew5

11,604 posts

Posted by Johnchew5 > 2024-05-15 14:17 |

Post removed.Why?

Johnchew5

11,604 posts

Posted by Johnchew5 > 2024-05-15 14:19 |

Post removed.Why?

MrFox

1,344 posts

Posted by MrFox > 2024-05-15 14:27 |

Post removed.Why?

Johnchew5

11,604 posts

Posted by Johnchew5 > 2024-05-15 14:43 |

Post removed.Why?

Johnchew5

11,604 posts

Posted by Johnchew5 > 2024-05-15 14:49 |

Post removed.Why?

Johnchew5

11,604 posts

Posted by Johnchew5 > 2024-05-15 14:55 |

Post removed.Why?

Johnchew5

11,604 posts

Posted by Johnchew5 > 2024-05-15 15:12 |

Post removed.Why?

Just88

494 posts

Posted by Just88 > 2024-05-15 17:13 | Report Abuse

Just think for a second why so many buyers in these 2 days and yet the PP was undersubscribed.

Sslee

6,776 posts

Posted by Sslee > 2024-05-15 17:47 | Report Abuse

The actual number of Placement Shares to be issued shall not exceed 10% of the total number of Shares in issue at any point in time. Subject to the prevailing market conditions and depending on investors’ interest at the point of implementation, the Proposed Private Placement may be implemented in a single or multiple tranche(s) within 6 months from the date of approval of Bursa Malaysia Securities Berhad (“Bursa Securities”) for the Proposed Private Placement or such other approved extended period. As such, there could potentially be several price fixing dates depending on the number of tranches and timing of implementation.

Most likely after sharks sold all their PP shares then another tranche of PP again.

Sslee

6,776 posts

Posted by Sslee > 2024-05-15 17:54 | Report Abuse

Buyers think 12 sen is the bottom.
Sellers sold 12.5 sen and think he can subscribe to another tranche of PP at cheaper price.

Just88

494 posts

Posted by Just88 > 2024-05-15 17:55 | Report Abuse

On the contrary, the sharks are buying not selling. The sharks being connect persons cannot subscribe for the PP, so they have to buy from the market when the pp subscribers were selling for a penny gains.

Sslee

6,776 posts

Posted by Sslee > 2024-05-15 18:36 | Report Abuse

Insiders need to report any buying or selling.
So did you see any report of insiders buying or selling?

Just88

494 posts

Posted by Just88 > 2024-05-15 19:00 | Report Abuse

connected persons no need to report

Just88

494 posts

Posted by Just88 > 2024-05-15 19:01 | Report Abuse

like brothers, sisters, cousins, relatives and friends

Bullcoming

849 posts

Posted by Bullcoming > 2024-05-16 06:57 | Report Abuse

Jaks landed in this situation mainly is caused by poor management

Johnchew5

11,604 posts

Posted by Johnchew5 > 2024-05-17 10:59 |

Post removed.Why?

Johnchew5

11,604 posts

Posted by Johnchew5 > 2024-05-17 11:52 |

Post removed.Why?

Johnchew5

11,604 posts

Posted by Johnchew5 > 2024-05-17 11:59 |

Post removed.Why?

Posted by ValueInvestor888 > 2024-05-17 12:09 | Report Abuse

why waste time in jaks? there are so many good companies with good mgt to invest. If you switch Jaks to say YTLP half year ago, you make back 3 times...Never invest in company where mgt is lousy and cannot deliver...

xiaoeh

2,694 posts

Posted by xiaoeh > 2024-05-17 12:10 | Report Abuse

Mike
are u buying Privasia?

Johnchew5

11,604 posts

Posted by Johnchew5 > 2024-05-17 12:15 |

Post removed.Why?

Johnchew5

11,604 posts

Posted by Johnchew5 > 2024-05-17 12:22 |

Post removed.Why?

Johnchew5

11,604 posts

Posted by Johnchew5 > 2024-05-17 12:25 |

Post removed.Why?

xiaoeh

2,694 posts

Posted by xiaoeh > 2024-05-17 12:31 | Report Abuse

Posted by Johnchew5 > 3 minutes ago | Report Abuse
Hoho did you bought when OTB is argued with Blower Pang72 who Promoted YTLpower First… OTB promoted at RM 1.10 lo ….

u talking to me whether i bought YTLP...?
no

Johnchew5

11,604 posts

Posted by Johnchew5 > 2024-05-17 12:38 |

Post removed.Why?

xiaoeh

2,694 posts

Posted by xiaoeh > 2024-05-17 12:39 | Report Abuse

👌

SomaCruz89

305 posts

Posted by SomaCruz89 > 2024-05-17 15:18 | Report Abuse

Ularbodo a.k.a. MrFox not yet mampoi???

Johnchew5

11,604 posts

Posted by Johnchew5 > 2024-05-17 15:59 |

Post removed.Why?

Johnchew5

11,604 posts

Posted by Johnchew5 > 2024-05-17 16:11 | Report Abuse


Kementerian Komunikasi
https://www.kkd.gov.my › news

Privasia's RM50.3mil Order Book Skyrockets After Bagging RM1.2bil MCMC jobs

11 Oct 2023 — Privasia said it had won the RM1.2 billion contracts in a consortium with Apex Communication Sdn Bhd from the Ministry of Communications and ...

Johnchew5

11,604 posts

Posted by Johnchew5 > 2024-05-17 17:10 |

Post removed.Why?

Johnchew5

11,604 posts

Posted by Johnchew5 > 2024-05-18 09:51 |

Post removed.Why?

Johnchew5

11,604 posts

Posted by Johnchew5 > 2024-05-18 10:10 |

Post removed.Why?

Sslee

6,776 posts

Posted by Sslee > 2024-05-18 10:11 | Report Abuse

Somone trying hard to con people abt Privasia on jaks forum😱.

Johnchew5

11,604 posts

Posted by Johnchew5 > 2024-05-18 10:16 |

Post removed.Why?

Johnchew5

11,604 posts

Posted by Johnchew5 > 2024-05-18 10:23 |

Post removed.Why?

Sslee

6,776 posts

Posted by Sslee > 2024-05-18 10:24 | Report Abuse

Once upon a time when we do a China project we demand to be paid back in 5 years time. So first 5 year only pay bank interest (no principal payment) because interest is tax deductible and profit from the first 5 years all go back to investor as dividend.

MrFox

1,344 posts

Posted by MrFox > 2024-05-18 10:28 | Report Abuse

Posted by Sslee > 13 minutes ago | Report Abuse
Somone trying hard to con people abt Privasia on jaks forum😱.

The mouse was dancing with Privasia to ease his painful loss at Jaks! But
1. privasia share price remains flat!
2. jaks price becomes reddish, more bleeding for the mouse!

kesian

Johnchew5

11,604 posts

Posted by Johnchew5 > 2024-05-18 10:31 |

Post removed.Why?

MrFox

1,344 posts

Posted by MrFox > 2024-05-18 10:35 | Report Abuse

the mouse trapped
at Jaks, bot 0.32 now 0.125
at Privasia, bot 0.14 now 0.12

kesian

Johnchew5

11,604 posts

Posted by Johnchew5 > 2024-05-18 10:36 |

Post removed.Why?

Johnchew5

11,604 posts

Posted by Johnchew5 > 2024-05-18 10:38 |

Post removed.Why?

Johnchew5

11,604 posts

Posted by Johnchew5 > 2024-05-18 10:40 |

Post removed.Why?

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