JAKS RESOURCES BERHAD

KLSE (MYR): JAKS (4723)

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Last Price

0.13

Today's Change

-0.005 (3.70%)

Day's Change

0.13 - 0.135

Trading Volume

1,331,100


41 people like this.

65,170 comment(s). Last comment by Income 2 days ago

Sslee

7,017 posts

Posted by Sslee > 2024-07-19 12:34 | Report Abuse

Did anyone ask BOD to explain why:

Total Share of Profit in JHDP RM 431.703 Million but Total Dividend so far only RM 97.386 Million?

Is JHDP having cash flow problem and thus unable to give better dividend?

Posted by Balian de Ibelin > 2024-07-19 12:38 | Report Abuse

Is the BOD is con_firming, broadcasting, X'ing, Youtubing, Instagramming, Tik Tokkkkkkkkkkking, Facebooking, saying and telling the power plant is a rotten apple, zero value, not worth buying????

When you dun want something, economic theory says product has zero value to you.
By extension and conclusion, Jaks must write off entire value to power plant to zero.



Posted by Sslee > 3 minutes ago | Report Abuse

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

Sslee

7,017 posts

Posted by Sslee > 2024-07-19 12:38 | Report Abuse

Is the jaks price movement due to PP subscribers and insiders working hand in hand to manipulate price to their advantage?

Sslee

7,017 posts

Posted by Sslee > 2024-07-19 12:49 | Report Abuse

Insas RI benefited the shareholders.

Jaks PP and RI at lower and lowest price only benefited who?
And the massive dilution causing value destruction till minority shareholders can only cry till no tear.

By the way jaks every RI and PP will be follow by LTIP free grant that only benefited ALP.

Sslee

7,017 posts

Posted by Sslee > 2024-07-19 12:52 | Report Abuse

Dunmbass Mike-tikus go and read M&A quarterly report and come back and tell us what is Other Operating Expenses in M&A financial report?

Sslee

7,017 posts

Posted by Sslee > 2024-07-19 12:53 | Report Abuse

Also tell us what is other operation incomes in M&A quarterly report?

Sslee

7,017 posts

Posted by Sslee > 2024-07-19 13:04 | Report Abuse

M & A EQUITY HOLDINGS BERHAD(formerly known as SYF RESOURCES BERHAD)
Co. No. 199501035170 (364372-H)
Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income
For the Quarter Ended 31 March 2024
(The figures have not been audited)
RM '000
Revenue 13,066
Cost of Sales (9)
Other Operating Expense (17,168)
Other Operating Income 11,035
Profit from Operations 6,924

Johnchew5

11,780 posts

Posted by Johnchew5 > 2024-07-19 13:43 | Report Abuse

Haha someone must be very jealous liaw .. as Jaks price is RM 0.19 ..👍

Mikecyc

47,016 posts

Posted by Mikecyc > 2024-07-20 08:23 |

Post removed.Why?

Sslee

7,017 posts

Posted by Sslee > 2024-07-20 08:46 | Report Abuse

Jaks is badly managed company with 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.

Come Q4 will be another big impairment losses on trade and other receivables. So remember to sell before Q4 result out.

Jaks was and still a pump and dump stock during KYY time till......
At least KYY pump to get a good PP price for jaks but nowaday only dump for PP subscribers to buy low and then pump for PP subscribers to sell their PP share high.

Anyway with NOSH: 2,607 Million and growing every year.
How high can syndicate pump?

Sslee

7,017 posts

Posted by Sslee > 2024-07-20 09:04 | Report Abuse

Last year news of LSS4 COD and addition 10% JHDP option push up share price to 0.245 on 1/9/2023.
This year no addition 10% JHDP + LSS4 hardly make any money.

Can Mike-tikus work harder on LSS5 500MW to push the price?

Sslee

7,017 posts

Posted by Sslee > 2024-07-20 17:19 | Report Abuse

Last time Mike-tikus punya pasar malam TA reader told him jaks 18 floor is the bottom floor so he all in from 18 till 24 but then price plunge thro' 18 foor to new low of 12 floor.

Jaks FA all this while is very bad with cash flow problem make worst by incompetent management losing money non-stop in every project undertake in Malaysia (except Vietnam JHDP JV).

As of TA, it depend on how insiders and syndicate want to play the pump and dump game. So make sure you are not the one holding the dead cat when the music/pumping stop.

Sslee

7,017 posts

Posted by Sslee > 2024-07-21 07:46 | Report Abuse

Mike-tikus balls shrink when jaks drop to 12 cents and he dare not average down.

The last time his punya pasar malam TA reader told him jaks 18 floor is the bottom floor so he all in from 18 till 24 and trapped himself for more than a year.

This time his TA told him: 👉Haha at Least from RM 0.185 Up to RM 0.225 within 2 month , then From RM 0.195 Up to RM 0.245 in 2 months …

This time round is he trying to dump his share at RM 0.245?
Any volunteer to be his suiyee sucker billis?

Sslee

7,017 posts

Posted by Sslee > 2024-07-21 09:04 | Report Abuse

By the way who said jaks TA 18 floor is the bottom floor and trapped himself in jaks for more than a year despite promoting jaks non-stop 24/7/365?

My take on Jaks' FA and TA

Jaks FA all this while is very bad with cash flow problem make worst by incompetent management losing money non-stop in every project undertake in Malaysia and non-end yearly impairment loss on receivables (except Vietnam JHDP JV).

As of TA, it depend on how insiders and syndicate want to play the pump and dump game. So make sure you are not the one holding the dead cat when the music/pumping stop.

Mikecyc

47,016 posts

Posted by Mikecyc > 2024-07-21 18:44 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2024-07-21 18:45 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2024-07-21 19:25 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2024-07-21 20:50 |

Post removed.Why?

CaoCao

193 posts

Posted by CaoCao > 2024-07-21 21:45 |

Post removed.Why?

CaoCao

193 posts

Posted by CaoCao > 2024-07-21 21:49 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2024-07-21 21:57 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2024-07-21 21:59 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2024-07-21 22:00 |

Post removed.Why?

CaoCao

193 posts

Posted by CaoCao > 2024-07-21 22:26 |

Post removed.Why?

CaoCao

193 posts

Posted by CaoCao > 2024-07-21 22:46 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2024-07-21 22:52 |

Post removed.Why?

Huangbk72

5,162 posts

Posted by Huangbk72 > 2024-07-21 23:11 |

Post removed.Why?

CaoCao

193 posts

Posted by CaoCao > 2024-07-21 23:12 |

Post removed.Why?

CaoCao

193 posts

Posted by CaoCao > 2024-07-21 23:20 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2024-07-22 09:13 |

Post removed.Why?

Sslee

7,017 posts

Posted by Sslee > 2024-07-22 09:56 | Report Abuse

Jaks has cashflow problem and now can only get cash from either PP or RI for bank repayment and working capital.

So where jaks going to get the money to undertake any project?
Meanwhile LTIP coming to reward ALP for signing MOU

Sslee

7,017 posts

Posted by Sslee > 2024-07-22 10:12 | Report Abuse

By the way the explaination of huge receivables as retention money for completed project/projects is as fake as Serba receivables.

Has Jaks management know about Bank Guarantee facility designated for issuing performance guarantees.

Mikecyc

47,016 posts

Posted by Mikecyc > 2024-07-22 10:49 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2024-07-22 13:31 |

Post removed.Why?

Posted by Investing_Bursa > 2024-07-22 16:13 | Report Abuse

Let’s go Jaks. Added a bit more today !

Richdady

90 posts

Posted by Richdady > 2024-07-22 19:48 | Report Abuse

I went to jak sif in nibong tebal.. vast area ,can collect , jaks for future

Mikecyc

47,016 posts

Posted by Mikecyc > 2024-07-22 20:25 |

Post removed.Why?

Sslee

7,017 posts

Posted by Sslee > 2024-07-23 08:25 | Report Abuse

Repost:
Jaks is badly managed company with 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.

Come Q4 will be another big impairment losses on trade and other receivables. So remember to sell before Q4 result out.

Jaks was and still a pump and dump stock during KYY time till......
At least KYY pump to get a good PP price for jaks but nowaday only dump for PP subscribers to buy low and then pump for PP subscribers to sell their PP share high.

Anyway with NOSH: 2,607 Million and growing every year.
How high can syndicate pump?

Sslee

7,017 posts

Posted by Sslee > 2024-07-23 08:36 | Report Abuse

By the way since when did I promote Omesti?
I just trade some Omesti-PB for my free bintang beer unlike Nike-tikus promote Jaks day and night 24/7/365 non-stop to no avail.

Mikecyc

47,016 posts

Posted by Mikecyc > 2024-07-23 08:44 | Report Abuse

👉Jaks Gearing Ratio : 👉👉👉

>2QR ended June 2023 :

Gearing Ratio : 0.362X


>3QR ended September 2023 :

Gearing Ratio : 0.352 X


>4QR ended December 2023 :

Gearing Ratio = 0.35X

> 1QR ended March 2024 :

Gearing Ratio = 0.293X

Mikecyc

47,016 posts

Posted by Mikecyc > 2024-07-23 08:48 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2024-07-23 08:53 |

Post removed.Why?

Sslee

7,017 posts

Posted by Sslee > 2024-07-23 08:57 | Report Abuse

A well managed company is measured by gearing ratio?
And not by Earning, ROE, Cashflow, Dividend and etc?

Mikecyc

47,016 posts

Posted by Mikecyc > 2024-07-23 09:09 |

Post removed.Why?

Sslee

7,017 posts

Posted by Sslee > 2024-07-23 09:18 | Report Abuse

Growth you must be joking.
Revenue drop so much and I wonder whether revenue can cover the working capital?
Next year, what say you another PP or RI?

Mikecyc

47,016 posts

Posted by Mikecyc > 2024-07-23 09:43 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2024-07-23 09:48 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2024-07-23 09:59 |

Post removed.Why?

warchest

1,818 posts

Posted by warchest > 2024-07-23 10:17 | Report Abuse

the longer JAKS stays around 18-18.5 cents mark, the uptrend is going to be stronger. we going to see another 20-30% upside in the short term

warchest

1,818 posts

Posted by warchest > 2024-07-23 10:24 | Report Abuse

this Group would not up merely on the good results. More on resolving its internal and external issues i.e. repatriation of funds from its Vietnam's JV, maiden dividend, successful off the court settlement and even halting of the funds raised from equity. I believe they are resolving all the issues

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