A ROE of 0.84% is that a good or gruesome company?
Return on equity is considered a gauge of a corporation's profitability and how efficiently it generates those profits. The higher the ROE, the more efficient a company's management is at generating income and growth from its equity financing.
Jaks increase it equity not by retained profit but by no-end yearly PP or RI. So no woder the price of of jaks go lower and lower.
JAKS RESOURCES BERHAD MAIN : Construction Last Price Today's Change Day's Range Trading Volume 0.15 -0.005 (3.23%) 0.145 - 0.16 20,905,600
Question: Have all billings related to the construction of the Hai Duong power plant been issued? When is the remaining amount expected to be received in 2024?
Answer: Final billings are pending finalisation of final claims, targeted early next year.
From the answer is BOD mean to say big impairment losses coming?
Already sold my Omesti-PB for my free bintang beer and lobster. As of SCIB average down to 0.28 sen holding 100,000 SCIB. Will see what happen to SCIB next year.
So someone still no ball to show how much jaks share he hold and at what cost?
Repost: Some people just have noting to contribute, nothing better to do, no job, no family and no friend so they come to i3investor forum seeking attention and cari gaduh with people and thus incur the wrath of ......
They then twist and turn and act innocent asking: Posted by Johnchew5 > 1 hour ago | Report Abuse Hoho why those abusive ID only appeared in OTB promoting forum ???
This kind of people you better totally ignore them
Soneone still cannot understand JHDP 25% equity 75% loan and the loan is 10 years term loan, can JHDP generate enough cash flow to pay dividend?
So come back only in year 2030 to have a second look at jaks.
By the way already how many years all jaks Malaysia business is lose making and quarter ended 31/3/2024 revenue RM 14,217,000 can't even pay the Other Operating and Administrative Expenses RM (15,997,000) and come Q4 will have the usual impairment losses on trade and other receivables
LSS4: Revenue contribution of RM4.8 million was recognised and a profit before tax of RM0.4 million achieved from this division for the second quarter of 2024.
Can a PBT of RM 0.4 million enough for repayment of RM 200 million loan?
Luckily this quarter dividend received from JV RM 14,207,000. This most likely what JHDP can afford for the year.
With quarter end 30/6/2024 Other Operating, Administrative Expenses RM (17,492,000) Finance cost RM (7,182,000)
Balance sheet Current bank borrowings RM 59,894,000
Cash & Cash Equivalents: RM '000 Deposits placed with licensed banks 12,074 Cash & bank balances 31,955 Bank overdrafts (5,877) 38,152 Less : Deposit held as security values (12,074) Bank balance held as security values (5,585) Debt service reserves account (8,364) 12,129
For sure jaks will have cash flow problem and need more cash call of PP or RI for working capital and repayment of bank loan.
Jaks is hopeless and only come back year 2030 for a second look.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
56,893 posts
Posted by calvintaneng > 2024-08-19 21:00 | Report Abuse
Do not buy minetrap
Do not listen to conman johnchew5
Last time he promoted PA and later turned and attacked PA
This fella no ethics
And he promoted Tsh resources then also attacked Tsh
And also promoted hengyuan and then bad mouthed hengyuan
So never listen to him
Later you will kena his bitter poison when he also attack Jaks
Stay away
See why Johnchew5
Why got 5?
Answer:
He full of mischief
So Johnchew 1 to 4 banned
See
https://klse.i3investor.com/web/cube/profile/Johnchew?p=31