JAKS RESOURCES BERHAD

KLSE (MYR): JAKS (4723)

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Last Price

0.135

Today's Change

+0.005 (3.85%)

Day's Change

0.13 - 0.135

Trading Volume

3,402,400


41 people like this.

64,972 comment(s). Last comment by Mikecyc 13 hours ago

Sslee

6,772 posts

calvintaneng

56,527 posts

Posted by calvintaneng > 2024-08-05 16:34 | Report Abuse

Sell before margin call kicked in like Widad

then too late

calvintaneng

56,527 posts

Posted by calvintaneng > 2024-08-05 16:35 | Report Abuse

if Alp kena margin call then jaks can fall down to 2 sen like Serba

calvintaneng

56,527 posts

Posted by calvintaneng > 2024-08-05 16:36 | Report Abuse

let it go let it go

or else sleepless nights come

calvintaneng

56,527 posts

Posted by calvintaneng > 2024-08-05 16:39 | Report Abuse

sell now or jaks follow hubline break 10 sen support


https://klse.i3investor.com/web/stock/overview/7013

calvintaneng

56,527 posts

Posted by calvintaneng > 2024-08-05 17:41 | Report Abuse

Don't tell big lies about Netx being delisted you big liar mouse

now jaks crashed by 12.2%




Sslee

6,772 posts

Posted by Sslee > 2024-08-05 17:43 | Report Abuse

Repost:
So jaks directors no money to exercis the LTIP share option but happily accept the LTIP free shares grant of total 174,155,000

LTIP Options granted 160,664,000
LTIP Options exercised 17,115,000

LTIP free share granted 174,155,000

Based on the total number of issued Shares of 2,369,850,544 as at LPD.
Since the Effective Date up to the LPD, the Company had granted 174,154,760 Shares pursuant
to share grant plan of the LTIP in the following manner:
Eligible person(s)
Total number of Shares granted
pursuant to share grant plan
(‘000) (i)%
Directors 120,456 5.08
Key senior management 47,913 2.02
Other eligible employees 5,786 0.24
Total 174,155 7.34

calvintaneng

56,527 posts

Posted by calvintaneng > 2024-08-05 18:09 | Report Abuse

Such a company should not be listed at all

more than that a Big Con rat is trying to con people buy this con co

calvintaneng

56,527 posts

Posted by calvintaneng > 2024-08-05 18:12 | Report Abuse

Truth is finally out

this big con mikecyc is the biggest Conartist of all i3

calvintaneng

56,527 posts

Posted by calvintaneng > 2024-08-05 22:22 | Report Abuse

Safer to Buy TALAM at 2.5 sen than feed the JAWS

Talam Assets are Prime Lands

TALAM (2259) SELLING ASSET TO UNLOCK CASH PLUS RM26.6 MILLION PROFIT (ASSET PLAY IN MOTION) Calvin
Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-05-story-h-155111623-TALAM_2259_SELLING_ASSET_TO_UNLOCK_CASH_PLUS_RM30_MILLION_PROFIT_ASSET_

Posted by Balian de Ibelin > 2024-08-06 07:14 | Report Abuse

well, its Karma
mike🐀 lied at YTLPower forum that Nvidia had 95% graphics market share and AMD only 5%.

In real life, Nvidia and AMD submitted US SEC audited financials both confirm graphics market share had always been around 50:50 plus minus 5%

Posted by Balian de Ibelin > 2024-08-06 07:16 | Report Abuse

well, its Karma
mike🐀 lied at YTLPower forum by purposely repeatedly calculating YTLPower gearing wrongly.

Mikecyc

46,572 posts

Posted by Mikecyc > 2024-08-06 08:05 | Report Abuse

Samaiden Solar Projects :

1.) Type : LSS1
Company : Fairview Equity Sdn Bhd
Capacity: 9.99 MWac

2.) Type : LSS1
Company : Fairview Equity Sdn Bhd
Capacity: 5MWac

3.) Type : LSS1
Company : Kota Tinggi, Johor
Capacity : 29MWac

4.) Type : LSS1
Company : Negeri Sembilan
Capacity : 60.4044MWp

5.) Type : LSS1
Company : Nibong Tebal, Pulau Pinang.
Capacity : 23.7MWp

👉👉Compared with Jaks , LSS4 50 MW .

6.) Type : LSS1
Company : Pulau Pinang
Capacity: 20MWac

7.) Type : LSS1
Company : UiTM Pasir Gudang, Johor
Capacity : 25MWac

8.) Type : LSS2
Company : Kuala Terengganu, Terengganu.
Capacity : 6.15MWp

9.) Type : LSS2
Company : Kluang, Johor
Capacity: 20MWac

Sslee

6,772 posts

Posted by Sslee > 2024-08-06 08:07 | Report Abuse

JAKS Solar Power also participated in the Corporate Green Power
Programme (CGPP) with multiple partners and was successfully selected as a solar power producer with a capacity of 29.99MW on 7 August 2023, together with two other consortium partners. JAKS Group has a 51% stake in the Consortium. At present, the Consortium is undergoing the approval process to participate in Single Buyer’s New Enhanced Dispatch Arrangement (“NEDA”) programme. The construction works for this project is expected to commence by end 2024 and scheduled for commercial
operation by end 2025. (Page 15 of AR2023)

A) What is the expected development cost to be contributed by JAKS for
the new project under CGPP?
B) Considering JAKS's current negative net cash position, how does the Group plan to finance the funds required for this project?

A) The total development cost for the project is being worked out currently and estimated at approximately RM130.0 million, funded by a combination of debt and equity, of which JAKS’ portion is estimated to be between RM15.0 – RM20.0 million.

B) The funding plan includes internally generated funds such as dividend received from our oversea operations, JAKS Hai Duong Power Limited Co

Sslee

6,772 posts

Posted by Sslee > 2024-08-06 08:10 | Report Abuse

Mike-tikus look into Jaks' solar panel as mirror and saw a 🐀.

Sslee

6,772 posts

Posted by Sslee > 2024-08-06 08:36 | Report Abuse

When Dk is subscribing for the private placements Mike-tikus telling every Tom, Dick and Harry that his TA told him 18 sen is the floor and promoting and chase high up to 24 sen.

Mikecyc

46,572 posts

Posted by Mikecyc > 2024-08-08 08:34 | Report Abuse

See Jaks insiders had been monitoring n controlling the Gearing Ratio in a Healthy Level : 




1.) FYE2019 : 0.43 X 





2.) FYE2020 : 0.34 X 





3.) Referred to FY23 , 1 QR ended March 2023 : 0.375 X 





4.) Referred to FY23 , 2QR ended June 2023 : 0.362 X 



5.) Referred to FY23 , 3QR ended September 2023 : 0.352 X


6.) Referred to FY23 , 4QR ended December 2023 : 0.350 X


7.) 1QR ended March 2024 :

Gearing Ratio = 0.293X 


Sslee

6,772 posts

Posted by Sslee > 2024-08-08 08:39 | Report Abuse

Aiyoyo,
Bank refused loan to jaks for the addition 10% JHDP option.
Is this because Jaks insiders had been monitoring n controlling the Gearing Ratio in a Healthy Level?

So to become more healthy next year another round of PP or RI?

Huangbk72

5,066 posts

Posted by Huangbk72 > 2024-08-08 18:22 |

Post removed.Why?

Huangbk72

5,066 posts

Posted by Huangbk72 > 2024-08-08 18:22 |

Post removed.Why?

Johnchew5

11,603 posts

Posted by Johnchew5 > 2024-08-12 08:12 |

Post removed.Why?

Johnchew5

11,603 posts

Posted by Johnchew5 > 2024-08-12 08:14 |

Post removed.Why?

Sslee

6,772 posts

Posted by Sslee > 2024-08-12 08:17 | Report Abuse

Repost
Aiyoyo Mike-tikus,
Jaks revenue of RM 14,217,000 not even enough to cover Other Operating, Administrative Expenses RM (15,997,000) what more Finance cost RM (8,054,000). So chamloh next year another PP or RI?


Quarter Quarter
ended ended
31-Mar-2024 31-Mar-2023
RM'000 RM'000
Revenue 14,217 14,160 1
Cost of Sales (15,336) (13,337)
Gross Profit (1,119) 823
Other Operating Income 510 489
Selling and Distribution expenses
Other Operating, Administrative Expenses (15,997) (14,875)
Operating Loss before finance cost (16,606) (13,563)
Finance cost (8,054) (5,723)
Operating Loss after finance cost (24,660) (19,286)

Johnchew5

11,603 posts

Posted by Johnchew5 > 2024-08-12 13:57 | Report Abuse


Jaks non current asset


Refer QR ended March 2023 :


Non Current Assets :


PPE. 273,041,000


Investment Properties 594,321,000


Investment in Joint Venture. 829,105,000





Refer QR ended June 2023 :



Non Current Assets :


PPE. 278,626,000

Investment Properties 590,929,000

Investment in Joint Venture. 861,417,000


===


Note : Compared 2QR to 1QR >>


A) PPE : increased RM 5,585,000 👍


B) Investment Properties : Decreased RM 3,392,000 👍


C) Investment in Joint Venture. : Increased RM 32,312,000 👍

—-

Refer 3QR ended September 2023 :



Non Current Assets :


PPE. 299,238,000

Investment Properties 587,546,000

Investment in Joint Venture. 897,378,000

—-

Jaks

Refer 4QR ended December 2023 :



Non Current Assets :


PPE. 296,599,000

Investment Properties 584,206,000

Investment in Joint Venture. 904,495,000



>> 1QR ended March 2024 :

Non Current Assets :


PPE. 294,107,000

Investment Properties 587,948,000

Investment in Joint Venture. 936,836,000


——

Jaks 👉👉👉

2QR ended June 2023 :

> Accumulated Profit : 343,661,000. ( 1QR 324,951,000 ) ( Audited as on December 2022 is RM 310,874 ,000 )



>> Accumulated Profit on 3QR ended September 2023 : 350,327,000


👉 》〉Accumulated Profit on 4QR ended December 2023 : 348,126,000


👉 Accumulated Profit on 1QR ended March 2024 : 361,786,000

Johnchew5

11,603 posts

Posted by Johnchew5 > 2024-08-12 14:22 | 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 : 1QR = RM 28.326 M , 2QR = RM 32.312 M , 3QR = RM 35.862 M , 4QR = RM 34.503 M plus Dividend RM 27.386 M

2023 : RM 131 million , Dividend RM 27.385 million


Total Share of Profit = RM 431.703 Million

Total Dividend = RM 97.386 Million

Total = RM 529.089 Million

> Share of Profit in QR ended March 2024 =
RM 32.384 million

>> G. Total = RM 561.463 million


Jaks 30 % share in Vietnam Power Plant Joint Venture invested ard RM 600 Million.
( RM 400 million is from the Profit of Construction of the Vietnam Power Plant)

Initially PayBack 8 to 9 years ..

Referring to the Grand Total , PayBack period is by 2024 .. ie : from 2021 to 2024 ~~ 4 years ..

👉From Vietnam Power Plant 1200 MW EPCC RM 8.7 Billion started on October 2016 ,
Payback period is 8 years.


按照购电协议,电力售价将随原料价格波动。意味着业务盈利贡献获得保证。Jaks管理层曾透露内部回酬IRR介于12%,PAYBACK PERIOD为8至9年

Johnchew5

11,603 posts

Posted by Johnchew5 > 2024-08-12 14:30 | Report Abuse

Jaks Annual Revenue and Net Profit / ( Loss ) :


1.) FYE2020 : RM 259.4 million with Loss ( RM 80.5 Million. )


2.) FYE2021 : RM 109.7 million with Net Profit RM 51.9 million.


3.) FYE 2022 : RM 89.8 million with Net Profit RM 53.5 million.


4.) FYE 2023 : 1st Half Revenue RM 17.47 million with Net Profit RM 33.19 million.


>>👉 1QR is Profit RM 14.08 million , 2QR is Profit RM 19.11 million , 3QR is Rm 7.15 million…4QR is Loss ( 24.8 million )

👉👉 Rm 37.787 million with Net Profit RM 15.527 million..


5.) FYE 2024 :

>> 👉1QR : RM 14.2 million with Net Profit RM 12.4 million.

( Note : Vietnam Power Plant Joint venture company is 30 % equity.. an associate company) .

Johnchew5

11,603 posts

Posted by Johnchew5 > 2024-08-13 08:33 | Report Abuse

Jaks : Case Study on TA

12/8/2024 :

> 2 day Standard Doji .. 1 day Gravestone Doji … 1 day Green body candle.. today (12/8) Green Hammer candle … anticipating Uptrend momentum..

>>
RSI(14) Neutral 50.1
Stochastic(14) Neutral 55.6

>>> MACD + 0.002

>>>> MA5 0.161 MA10 0.160 MA200 0.170

Sslee

6,772 posts

Posted by Sslee > 2024-08-13 10:56 | 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 Jan 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 97.385 Million

Did anyone question BOD why 2023 dividend from JHDP reduce to RM 27.385 million compare to 2022 of RM 70 million?

Why Jaks did not take up the addition 10% JHDP option?

What will be expected 2024 dividend from JHDP?

Q1 2024 Finance cost RM (8,054,000) will dividend from JHDP enough to cover the finance/interest cost for FY2024?

Will there be another PP or RI in year 2025?

Johnchew5

11,603 posts

Posted by Johnchew5 > 2024-08-13 14:53 |

Post removed.Why?

Johnchew5

11,603 posts

Posted by Johnchew5 > 2024-08-14 07:51 |

Post removed.Why?

Johnchew5

11,603 posts

Posted by Johnchew5 > 2024-08-14 08:35 |

Post removed.Why?

Sslee

6,772 posts

Posted by Sslee > 2024-08-14 08:38 | Report Abuse

How much did LSS4 50MW cost Jaks and did LSS4 make loss/profit?
Know how much rental for 1700 acres will be and this time round any financial institution dare to lend any money to jaks?

Note: a 10 year term loan of RM 250 million taken for Envolve mall now still outstanding RM 211.42 million. Chamloh know how old already Envolve mall and how to pay the balance?

Facility Bank: Purpose of borrowing
Interest rate(% perannum):Principal amount(RM’000):Tenure:Total amount: outstanding as at LPD(RM’000):Proposed repayment(RM’000)

Term loan Great Eastern Term loan provided to part finance the development cost of a 4-storey shopping mall known as Evolve Concept Mall:
6.0 250,000 10 years 211,418 13,000

Term loan Maybank Term loan provided to part financethe acquisition of a 4-storey commercial property known as Pacific Towers:
7.4 100,000 10 years 73,635 10,000

Letter of credit /Trade financingAl-Rajhi Banking
& InvestmentCorporate (Malaysia) Berhad
To facilitate and finance local purchase/ importation of raw materials/ trading goods relating to Company’s principal line of business
6.5 40,000 N/A 22,500 10,000

Johnchew5

11,603 posts

Posted by Johnchew5 > 2024-08-14 08:47 |

Post removed.Why?

Johnchew5

11,603 posts

Posted by Johnchew5 > 2024-08-14 08:49 | Report Abuse

👉Despite continual contributions from Vietnam Power Plant … LSS4 is expected to be contributing positively by 2024 ..( Completed n Commissioned on 21 August 2023 with 25 concession years tenure .) :

1.) QR ended September 2023 :

Revenue : 3.3 Million , Loss ( RM 1.4 Million)

2.) QR ended December 2023 :

Revenue: 4.3 Million , Loss ( 0.4 Million )

3.) QR ended March 2024 :

👉Revenue: 5.3 Million , Profit RM 0.96 Million

Johnchew5

11,603 posts

Posted by Johnchew5 > 2024-08-14 08:52 | Report Abuse

Depreciation charge is a non cash flow item which does not involve cash payment. LSS4 is making losses due to depreciation charges but net cash flow should be positive and able to pay the loan principal.

Sslee

6,772 posts

Posted by Sslee > 2024-08-14 08:54 | Report Abuse

Loss( RM 1.4 Million) + Loss( 0.4 Million ) + Profit RM 0.96 Million = Loss or Profit before tax?????

Sslee

6,772 posts

Posted by Sslee > 2024-08-14 08:59 | Report Abuse

Depreciation over how many years? And term loan how many years?

Know why HDPP only good in reporting good profit but can't pay good dividend?

Johnchew5

11,603 posts

Posted by Johnchew5 > 2024-08-14 09:08 |

Post removed.Why?

Sslee

6,772 posts

Posted by Sslee > 2024-08-14 09:10 | Report Abuse

HDPP term loan 10 years, plant depreciation 25 years. So don't expect HDPP to pay good dividend till 2030.
So only come back to revisit jaks year 2030.

Johnchew5

11,603 posts

Posted by Johnchew5 > 2024-08-14 09:29 |

Post removed.Why?

Johnchew5

11,603 posts

Posted by Johnchew5 > 2024-08-14 09:31 | Report Abuse

Posted by Johnchew5 > 1 day ago | 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 : 1QR = RM 28.326 M , 2QR = RM 32.312 M , 3QR = RM 35.862 M , 4QR = RM 34.503 M plus Dividend RM 27.386 M

2023 : RM 131 million , Dividend RM 27.385 million


Total Share of Profit = RM 431.703 Million

Total Dividend = RM 97.386 Million

Total = RM 529.089 Million

> Share of Profit in QR ended March 2024 =
RM 32.384 million

>> G. Total = RM 561.463 million


Jaks 30 % share in Vietnam Power Plant Joint Venture invested ard RM 600 Million.
( RM 400 million is from the Profit of Construction of the Vietnam Power Plant)

Initially PayBack 8 to 9 years ..

Referring to the Grand Total , PayBack period is by 2024 .. ie : from 2021 to 2024 ~~ 4 years ..

👉From Vietnam Power Plant 1200 MW EPCC RM 8.7 Billion started on October 2016 ,
Payback period is 8 years.


按照购电协议,电力售价将随原料价格波动。意味着业务盈利贡献获得保证。Jaks管理层曾透露内部回酬IRR介于12%,PAYBACK PERIOD为8至9年

Sslee

6,772 posts

Posted by Sslee > 2024-08-14 09:37 | Report Abuse

Total Share of Profit = RM 431.703 Million
Total Dividend = RM 97.386 Million
Total = RM 529.089 Million

Only dumbass will add this together.
Know how much insas share of profit from Inari per year and dividend reveived from Inari per year?

Sslee

6,772 posts

Posted by Sslee > 2024-08-14 09:40 | Report Abuse

Did this dumbass know share of profit is a non cash flow item which does not involve cash received.

Posted by Johnchew5 > Aug 14, 2024 8:52 AM | Report Abuse
Depreciation charge is a non cash flow item which does not involve cash payment

Johnchew5

11,603 posts

Posted by Johnchew5 > 2024-08-14 09:47 |

Post removed.Why?

Sslee

6,772 posts

Posted by Sslee > 2024-08-14 09:52 | Report Abuse

Aiyoyo,
I am a trader just trade for 30% gain or for fun of getting free bintang beer and lobster.

Unlike Mike-tikus try to act like FA and TA master (jaks' 18 floor is the bottom) and trapped himself in jaks since April 2023 and then promote jaks with misinformation day and night 24/7/365 non stop to no avail.

musangfoxking

3,614 posts

Posted by musangfoxking > 2024-08-14 09:57 |

Post removed.Why?

mf

29,109 posts

Posted by mf > 2024-08-14 10:29 | Report Abuse

Time
US 30
39,748.9 39,775.7 39,723.0 -16.7 -0.04%
22:28:47
US 500
5,431.2 5,437.9 5,427.8 -3.2 -0.06%
22:28:47
US Tech 100
18,999.7 19,055.4 18,987.9 -6.5 -0.03%
22:28:00

Johnchew5

11,603 posts

Posted by Johnchew5 > 2024-08-14 20:58 |

Post removed.Why?

Johnchew5

11,603 posts

Posted by Johnchew5 > 2024-08-14 21:05 |

Post removed.Why?

Johnchew5

11,603 posts

Posted by Johnchew5 > 2024-08-14 21:13 | Report Abuse

Jaks non current asset


Refer QR ended March 2023 :


Non Current Assets :


PPE. 273,041,000


Investment Properties 594,321,000


Investment in Joint Venture. 829,105,000





Refer QR ended June 2023 :



Non Current Assets :


PPE. 278,626,000

Investment Properties 590,929,000

Investment in Joint Venture. 861,417,000


===


Note : Compared 2QR to 1QR >>


A) PPE : increased RM 5,585,000 👍


B) Investment Properties : Decreased RM 3,392,000 👍


C) Investment in Joint Venture. : Increased RM 32,312,000 👍

—-

Refer 3QR ended September 2023 :



Non Current Assets :


PPE. 299,238,000

Investment Properties 587,546,000

Investment in Joint Venture. 897,378,000

—-

Jaks

Refer 4QR ended December 2023 :



Non Current Assets :


PPE. 296,599,000

Investment Properties 584,206,000

Investment in Joint Venture. 904,495,000



>> 1QR ended March 2024 :

Non Current Assets :


PPE. 294,107,000

Investment Properties 587,948,000

Investment in Joint Venture. 936,836,000

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