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

313,000


41 people like this.

64,972 comment(s). Last comment by Mikecyc 16 hours ago

Mikecyc

46,585 posts

Posted by Mikecyc > 2024-07-15 10:57 |

Post removed.Why?

Mikecyc

46,585 posts

Posted by Mikecyc > 2024-07-15 10:59 |

Post removed.Why?

Mikecyc

46,585 posts

Posted by Mikecyc > 2024-07-15 11:03 |

Post removed.Why?

acnca84

117 posts

Posted by acnca84 > 2024-07-15 11:21 | Report Abuse

apa gaduh2 sini?

warchest

1,814 posts

Posted by warchest > 2024-07-15 12:14 | Report Abuse

the dividend payment is already long overdue. maiden payment within 12 months. As indicated now, focus is to repatriate those profits back to JAKS

Sslee

6,773 posts

Posted by Sslee > 2024-07-15 13:03 | Report Abuse

Is insider same as substantial shareholder (holder with more than 5%)?

godhand

1,944 posts

Posted by godhand > 2024-07-15 13:10 | Report Abuse

Yes still holding Jtiasa. Expect quarter end 30/6/2024 result should be better than last quarter and with dividend.

If CPO price can hold above RM 3,900, I expect Jtiasa price to test the 52 weeks high of RM 1.53 by year end.


expecting big dividends when they achieve FCF next year. im a small holder not as big as you

Mikecyc

46,585 posts

Posted by Mikecyc > 2024-07-15 13:21 |

Post removed.Why?

Mikecyc

46,585 posts

Posted by Mikecyc > 2024-07-15 13:34 |

Post removed.Why?

Mikecyc

46,585 posts

Posted by Mikecyc > 2024-07-15 13:53 |

Post removed.Why?

Mikecyc

46,585 posts

Posted by Mikecyc > 2024-07-15 14:06 |

Post removed.Why?

Mikecyc

46,585 posts

Posted by Mikecyc > 2024-07-15 15:33 |

Post removed.Why?

BringMeFly

211 posts

Posted by BringMeFly > 2024-07-15 15:36 | Report Abuse

Good prospect. Sapu

acnca84

117 posts

Posted by acnca84 > 2024-07-15 16:25 | Report Abuse

ya betul boleh kasi hantam

Sslee

6,773 posts

Posted by Sslee > 2024-07-15 17:03 | Report Abuse

JHDP is very profitable and yet Jaks did not exercise the 10% option as promised during 2022 and 2023 AGM. Why????

Sslee

6,773 posts

Posted by Sslee > 2024-07-15 17:13 | Report Abuse

Jaks
1.) Vietnam Power Plant Share of Profit n Dividends :
2020 : RM 3.8 million ( 1 Power Plant is COD on Nov 2020 )

2021 : RM 140.7 million ( The 2nd Power Plant is COD on January 2021 ) .

2022 : RM 156.2 million , Dividend RM 70.0 million

2023 : RM 131 million , Dividend RM 27.385 million

Total Share of Profit = RM 431.703 Million
Total Dividend = RM 97.386 Million

Mikecyc

46,585 posts

Posted by Mikecyc > 2024-07-15 17:16 |

Post removed.Why?

Mikecyc

46,585 posts

Posted by Mikecyc > 2024-07-15 17:17 |

Post removed.Why?

Sslee

6,773 posts

Posted by Sslee > 2024-07-15 17:21 | Report Abuse

At 21th AGM
Question: Please provide an update on the status of subscribing the additional 10% stake in JHDP. Is JRB planning for a cash call (right issue) to subscribe the additional 10% of JHDP?

Answer: We have received several financing proposals from Singaporean financial institutions and currently negotiating the terms.

We wish to clarify that we do not intend to undertake a cash call exercise to subscribe the 10% option. At present, we have received several financing proposals from Singaporean financial institutions and currently negotiating the terms

Mikecyc

46,585 posts

Posted by Mikecyc > 2024-07-15 17:41 |

Post removed.Why?

Mikecyc

46,585 posts

Posted by Mikecyc > 2024-07-15 17:45 |

Post removed.Why?

Mikecyc

46,585 posts

Posted by Mikecyc > 2024-07-15 17:48 |

Post removed.Why?

Sslee

6,773 posts

Posted by Sslee > 2024-07-15 17:56 | Report Abuse

Stock [JTIASA]: JAYA TIASA HOLDINGS BHD
Announcement Date 12-Jul-2024
Reference No CS2-12072024-00007
Substantial Shareholder's Particular:
Name GENINE CHAIN LIMITED
Details of Changes:
Currency -
Date of Change Type Number of Shares
09-Jul-2024 Disposed 48,700
Registered Name Genine Chain Limited
Nature of Interest Direct Interest
Nature of Interest Direct Interest
Shares Ordinary Shares
Reason Disposal through open market
Total no of securities after change
Direct (units) 60,746,264
Direct (%) 6.28
Indirect (units) 0
Indirect (%) 0.00
Total (units) 60,746,264
Total (%) 6.28
Date of Notice 12-Jul-2024

Is someone with 6.28% considered as major shareholder?

Mikecyc

46,585 posts

Posted by Mikecyc > 2024-07-15 18:33 |

Post removed.Why?

Mikecyc

46,585 posts

Posted by Mikecyc > 2024-07-15 18:34 |

Post removed.Why?

Mikecyc

46,585 posts

Posted by Mikecyc > 2024-07-15 20:52 |

Post removed.Why?

warchest

1,814 posts

Posted by warchest > 2024-07-16 17:02 | Report Abuse

Let's see whether it can go to 20 cents within this week or two. I raised the most the questions to the management team in the last AGM. So I will give them a benefit of doubt. Risk is there with 10-15% downside but upside of 100%

warchest

1,814 posts

Posted by warchest > 2024-07-16 17:04 | Report Abuse

major catalysts are:- (i) repatriation of at least RM200m from its JV (ii) maiden dividend payment (iii) successful off court settlement with the Star (iv) investment properties no longer burning cash

warchest

1,814 posts

Posted by warchest > 2024-07-16 17:11 | Report Abuse

slow but definitely. JAKS is terribly managed company but it is not in financial distress. all dogs have its days even the blackest one

Mikecyc

46,585 posts

Posted by Mikecyc > 2024-07-17 11:09 |

Post removed.Why?

Mikecyc

46,585 posts

Posted by Mikecyc > 2024-07-17 12:01 |

Post removed.Why?

afifi

2,036 posts

Posted by afifi > 2024-07-17 12:06 | Report Abuse

emm not moving

acnca84

117 posts

Posted by acnca84 > 2024-07-17 12:24 | Report Abuse

sabarrrr

Mikecyc

46,585 posts

Posted by Mikecyc > 2024-07-17 19:00 |

Post removed.Why?

Sslee

6,773 posts

Posted by Sslee > 2024-07-17 21:51 | Report Abuse

Question: Please provide the status of each ongoing legal case.

Answer: The latest status of the legal dispute between Star Media Group Bhd and JAKS Resources Bhd over a land development in Section 13, Petaling Jaya, has been sent back to the High Court for trial. The Federal Court dismissed Star Media’s appeal against the 2021 Court of Appeal decision, which reversed a 2020 High Court summary judgment. The trial is scheduled for August 25, 2025, and Star Media must pay RM150,000 in costs to JAKS Resources.

Notwithstanding the above, we hope to settle the case amicably out of court.

Sslee

6,773 posts

Posted by Sslee > 2024-07-17 22:03 | Report Abuse

Know how ALP got below Jaks shares?

Name
Details of Changes
View
Date
Type
No. of Shares
Price
MR ANG LAM POAH 10-Jul-2023 Others 42,300,000 - View Detail
MR ANG LAM POAH 19-Sep-2022 Others 27,000,000 - View Detail
MR ANG LAM POAH 08-Oct-2020 Others 15,000,000 0.855 View Detail
MR ANG LAM POAH 08-Feb-2019 Others 25,164,960 - View Detail

Sslee

6,773 posts

Posted by Sslee > 2024-07-18 07:22 | Report Abuse

Mike-tikus is a conman and a low IQ conman, his lies and intentional misinformation is so easy for people to see through and he is still very proud of his lies/slander/intentional misinformation.

Sslee

6,773 posts

Posted by Sslee > 2024-07-18 07:46 | Report Abuse

Total receivables impairment for the last 5 years amounted to RM167 million and reversal of impairment amounted to RM13.6 million make up total net impairment of RM153.5 millon.

What above tell you about jaks management?

Mikecyc

46,585 posts

Posted by Mikecyc > 2024-07-18 08:12 |

Post removed.Why?

Posted by Shareview123 > 2024-07-18 15:00 | Report Abuse

For those who Bought 0.13 on 5 June 2024, and able to sell 0.20 on
20 June 2024 can make a profit of 50 %.

If you buy 100,000 shares x 0.13 = RM13,000
Sold all 100,000 shares x 0.20 = RM 7,000

Before Commission and other charges

and if you are skillful enough, you may be able to buy back at 0.165 on
24 June 2024,
Then wait for 0.33 to make another 100 % returns

If they don't want to push up for you to make the 100 % returns, then no worry, Wait for 1 - 3 years, to test who can hold longer

acnca84

117 posts

Posted by acnca84 > 2024-07-18 16:59 | Report Abuse

waa gaduh lagi ka... kasi one by one la...

Posted by GeraiRamlyburger > 2024-07-18 17:02 | Report Abuse

Mantap!

warchest

1,814 posts

Posted by warchest > 2024-07-19 09:07 | Report Abuse

Let it flies. Last chance

warchest

1,814 posts

Posted by warchest > 2024-07-19 09:09 | Report Abuse

The trend is imminent. Uptrend. It is your best fren

warchest

1,814 posts

Posted by warchest > 2024-07-19 10:33 | Report Abuse

All the bad news already here. even the most subtle good news also will elevate this counter. stay tune guys

warchest

1,814 posts

Posted by warchest > 2024-07-19 10:34 | Report Abuse

i already raised tons of questions and concerns to the directors. i done my best as the shareholder. now is the turn for the directors to savage on the issues and shortcomings. But I think the light is at the end of tunnel

warchest

1,814 posts

Posted by warchest > 2024-07-19 10:36 | Report Abuse

worst outcome we still can see upside of at least 20% to 24 cents. best outcome it could go at least 100%. Notwithstanding this, we can see downside of 10-15% but with upside of at least of 100%. worth the risk

warchest

1,814 posts

Posted by warchest > 2024-07-19 10:38 | Report Abuse

with countries like Vietnam & Malaysia ramping up on the building of AI data centers, they need more energy consumptions. we shall see the boom for companies like JAKS. stay tune. don't sell your chips cheaply

stncws

10,707 posts

Posted by stncws > 2024-07-19 12:24 | Report Abuse

everybody not expert,

Sslee

6,773 posts

Posted by Sslee > 2024-07-19 12:27 | Report Abuse

Warchest did the BOD address on why jaks did not take up the addition 10% JHDP option?

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