Highlights
KLSE: JAKS (4723)       JAKS RESOURCES BHD MAIN : Construction
Last Price Today's Change   Day's Range   Trading Volume
1.42   -0.02 (1.39%)  1.42 - 1.43  244,900
Analyze this stock with MQ Trader system

Overview

Market Cap: 775 Million
NOSH: 546 Million
Avg Volume (4 weeks):2,548,445
4 Weeks Range:1.33 - 1.54
4 Weeks Price Volatility (%):
42.86%
52 Weeks Range:1.25 - 1.84
52 Weeks Price Volatility (%):
28.81%
Average Price Target: 1.77
Price Target Upside/Downside: +0.35
Stamp duty exempted for year 2018

Financial Highlight

Latest Quarter | Ann. Date 31-Dec-2017 [#4]  |  28-Feb-2018
Next QR | Est. Ann. Date: 31-Mar-2018  |  24-May-2018
T4Q P/E | EY: 6.12  |  16.34%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 1.2432  |  1.14
T4Q NP Margin | ROE: 16.27%  |  18.66%

Headlines

Date Subject
13-Apr-2018 M+ Online Technical Focus - 13 Apr 2018
13-Apr-2018 Daily Market Update - 13 Apr 2018 (JAKS, DELEUM)
02-Apr-2018 TOP REASONS WHY YOU MUST SELL JAKS NOW!!! (By Calvin Tan Research)
19-Mar-2018 捷硕资源逐鹿之战/万年船
16-Mar-2018 Jaks: Why the Share Price is Falling? Koon Yew Yin
15-Mar-2018 JAKS Resources Berhad - Another Private Placement
15-Mar-2018 Mplus Market Pulse - 15 Mar 2018
14-Mar-2018 Contractor's Right to Claim for Additional Cost - Koon Yew Yin
14-Mar-2018 Company Update – Jaks Resources (BUY, Maintain) - Litigation Impact (one-off) Is Manageable
11-Mar-2018 JAKS - Can Star Forfeit the RM 50 Million Performance Guarantee? Koon Yew Yin
08-Mar-2018 Mplus Market Pulse - 08 Mar 2018
07-Mar-2018 PublicInvest Research Headlines - 7 Mar 2018
07-Mar-2018 Mplus Market Pulse - 07 Mar 2018
01-Mar-2018 Jaks Resources - 2018 – A Good Year to Fix All the Problems
27-Feb-2018 要求加入捷硕董事部/官有缘
27-Feb-2018 Mplus Market Pulse - 27 Feb 2018
26-Feb-2018 JAKS' Shareholders Should Know - Koon Yew Yin
23-Feb-2018 [转贴] [JAKS RESOURCES BERHAD, why I bought into it] - James Share Investing
20-Feb-2018 Mplus Market Pulse - 20 Feb 2018
07-Feb-2018 JAKS - Vietnam Story Has Only Just Started

Business Background

Jaks Resources Bhd is an investment holding company. It is organised into six main reportable segments - Manufacturing segment comprises mainly manufacturing of pipes; Trading segment comprises trading in sheet piles, steel bars, mild steel and special pipes, other steel related products, building materials and supply of products for water supply industry; Construction segment Comprise mainly provision of sub-contracting activities; Investment segment involves investment holding activities; Property Development and Property Investment segment is engaged in the development of residential and commercial properties and management of development shopping mall. Its principal geographical areas for its operations are located in Malaysia and Vietnam.
Trade this stock with 3 x trading limit. Find out more.

  7 people like this.
 
TrippleZ Doing my best. Buying with all fund i got.
16/04/2018 11:20
Lee Richard Chinese firms build Bangladesh’s first eco-friendly power plant :-Officials of the consortium of the Chinese companies - China Energy Engineering Group Northeast No.1 Electric Power Construction Co (NPEC) and China National Energy Engineering & Construction Co (CECC) - and the Bangladesh-China Power Co (BCPC), a joint venture of China National Machinery Import and Export Corp (CMC) and Bangladesh's North-West Power Generation Co (NWPGC), signed the agreement on behalf of their respective sides. see more at http://www.globaltimes.cn/content/1082135.shtml
16/04/2018 11:21
newbie8080 @ Lim Tek Wai

Please push harder..haha
16/04/2018 11:43
abcde12345 hahahah please no
16/04/2018 13:25
Jessie Ng please do it
16/04/2018 13:35
newbie8080 @TrippleZ

Please push to RM3.


Haha....hopeful that you have RM200 mil to push
16/04/2018 14:52
DK66 4月15日,安徽电力建设第二工程有限公司承建的越南海阳2×600MW燃煤电厂2号机主厂房钢结构顺利开吊,标志着该工程2号机组正式进入安装阶段。
  该工程2号机组主厂房上部结构为钢结构,安装施工范围为A-D排,固定端到扩建端方向为13-26轴跨度130米,工作量约为7365吨,其中最重件约为40.398吨。
17/04/2018 08:47
Jessie Ng good job
17/04/2018 10:08
abcde12345 wonder full
17/04/2018 10:19
LimKL1 哈哈!
17/04/2018 10:49
Lee Richard The report on the edge on 16-April looks positive and steady... so to touch 1.60 and 1.80 or more again is a matter of time; guess in 2- 6 months from now ??
17/04/2018 12:26
GoHaiDuongGo http://www.aepc1.ceec.net.cn/art/2018/4/16/art_14630_1619351.html
皖1 Working hard towards timely completion
17/04/2018 15:21
GoHaiDuongGo http://www.apcc2.ceec.net.cn/art/2018/4/16/art_8427_1619394.html
皖2, the other sub contractor for EPC Contract 1, also working hard on Unit No.2
17/04/2018 15:38
17/04/2018 17:40
Lee Richard Great news GohaiDuongGo.tks .,another positive news on good progress give positive momentum..,I have worked in China and know that good Contractor really worked hard and often 24/7 and on immediate execution without wasting time argue for more VO ..continue flow of positive news is needed to overwhelm extreme pessimistic...and gradually going toward the gravy train ride ....there is BIG different from project execution in India...
18/04/2018 00:59
WilburR2 thanks GoHaiDuongGo for updates.
18/04/2018 09:20
newbie8080 HANOI: Infrastructure firm Jaks Resources Bhd expects its US$1.87 billion (RM7.49 billion) power plant project in Vietnam to break even in eight years, generating an internal rate of return of 12%.


http://www.theedgemarkets.com/article/jaks-eyes-break-even-vietnam-project-eight-years
18/04/2018 10:30
newbie8080 After 2028 only profitable.

KYY will be 95 years old to see it break even.
18/04/2018 10:32
Jessie Ng gogo
18/04/2018 11:09
abcde12345 haha
18/04/2018 12:26
DK66 That is payback period of 8 years. Meaning getting back invested capital in 8 years. The power plant will be profitable once start operation.
18/04/2018 12:35
newbie8080 @DK66

Maybe. Future are something no one can control.
Don't be too optimistic as running a power plant involve heavy capex.

Take a case study of Tanjong Bin Energy by Malakoff which had just completed recently.
High coal prices partly affected the power plant's profitability.
The power plant also had occasional outages due to technical issue.
18/04/2018 13:03
GoHaiDuongGo http://www.aepc1.ceec.net.cn/art/2018/3/24/art_14630_1606716.html

皖1 :昼夜轮班施工 since last month
18/04/2018 13:20
GoHaiDuongGo Let’s see if the few project milestones mentioned will be achieved.
18/04/2018 13:39
DK66 Newbie8080, you can't compare Hai Duong power plant BOT with those of malaysia. Just go do more research on the meaning of "capacity charge" and "energy charge", and you will get a clearer picture.
18/04/2018 16:12
LimKL1 yoo hoo
18/04/2018 16:39
wetmarket Newbie, can you clear your intension here? Your ID just comment on sendai and jaks. And if you are not impressed, why you are spending so much time here? I am sure there r many value counter out there at this time.
18/04/2018 23:22
wetmarket What business future is certain?
18/04/2018 23:24
qqq3 easy guide to stock market.

know what and why you bet ...and go ahead.
19/04/2018 00:08
WilburR2 no need to waste time with trolls
19/04/2018 08:36
WilburR2 no prizes for guesses who are the trolls here lol
19/04/2018 08:38
newbie8080 @wetmarket

The topics are interesting in both the counters.
We share ideas and comments here.

I have yet to explore other topics.
19/04/2018 10:01
newbie8080 @wetmarket

There are many businesses that are certain.

I can quote you a few companies with their biz.
Eg: Coca Cola & Pepsi(drink), Gillette(shavers) , Microsoft(Windows, Office)
19/04/2018 10:49
newbie8080 @wetmarket

I have a lot of time to spend on writing.
Should not be problem right bro?
19/04/2018 10:54
DK66 Newbie, maybe you should clarify why you are interested in Jaks and yet you only made negative comments ? Nothing positive ?
19/04/2018 12:09
jordanmaggie61 easy money
19/04/2018 12:11
wetmarket He is only paid to write for negative comments.
19/04/2018 14:09
newbie8080 @DK66

I'm not interested in J@k$ as a counter, but rather fascinated with the followers of this blog and KYY as a shareholder.

I wouldn't say its negative, probably cautious. If you noticed, the counter in terms of fundamental and technical, it's not doing well recently.
Doesn't take a rocket scientist to figure this out.

Well, there is a positive side of it.
If the power plant is implemented and executed perfectly, it should be a great contribution to JAKS earnings. The uncertainty is definitely greater, thus the risk tied to it.
19/04/2018 14:50
newbie8080 @wetmarket

I really wish that will come true.
19/04/2018 14:54
newbie8080 For the power station in Vietnam, Japan's Marubeni and Korea Electric Power secured the US$1.87 billion from the financing consortium, according to Thomson Reuters Project Finance International.



http://www.straitstimes.com/asia/se-asia/dbs-and-ocbc-among-lenders-of-245-billion-for-vietnam-coal-power-plant
19/04/2018 15:05
DK66 Are these bankers stupid enough to lend to another US$1.87b thermal power plant in vietnam ?
19/04/2018 20:38
DK66 You can name all the risks in the world, but just ask yourself, given the capability, would you take up the opportunity if you are given the BOT to build a power plant in Vietnam. The most difficult part of the BOT is the financing due to the size of the investment. Jaks' previous 2 partners failed because unable to secure financing. Jaks is probably the smallest foreign companies of all to have secured and started constructing a 1,200MW coal power plant in Vietnam todate. With a market cap of less than US$200m, it is extremely small compared to other foreign licencees. To Jaks, it is definitely a game changer.
19/04/2018 20:55
DK66 There are inherent risks in all businesses including Coca Cola & Pepsi, Gillette, and Microsoft. A rocket scientist can never figure out these kind of risks. You have to weigh and take calculated approach to this sort of investment. Don't be greedy. Do not risk what you can't afford to lose.
19/04/2018 21:13
DK66 Had Jaks not being the party who secured the BOT from Vietnam gov't, There is absolutely NO chance of it been given a 30% ownership with option to buy another 10% upon completion as well as another RM400m guaranteed "construction profit" from CPECC.
19/04/2018 21:18
newbie8080 @DK66
I can really feel the heat from you already. Haha.

With all due respect to you, I'm only commenting based on my opinion.

By the way, I do agree with you that J@K$ is one of the smallest company bidding for BOT power plant in Vietnam and is definitely a game changer.

Hopefully, you do invest substantially in this counter in view of your very positive and optimistic support for this counter.

I wish you all the best.
20/04/2018 09:51
DK66 I welcome all comments including negative views. However, please comment constructively and provide credible arguments. Check up the facts before laying the comments as they are many unaware i3 readers. I do not wish them to be misled. Let them make decision based on facts.
20/04/2018 10:06
Lee Richard Currently. The financial result more than 80% depends on Vietnam Power plant and the work progress reported is impressive.but the share price still oversold and undervalued..let wait for next quarter report to see the increasing good result??
20/04/2018 16:12
20/04/2018 17:49
Yong Wei Sing no more goreng https://wilsonyong.sharethislah.com/30-47300
22/04/2018 00:29
Lee Richard Share Price Correction Overdone; Maintain BUY With RM2.25 TP
We believe that the share price correction of 17% (since the Star claim) is overdone, as most investors have already factored in the worst-case scenario. We maintain our BUY call with an unchanged RNAV-based TP of RM2.25, as the valuation is undemanding at a 8.6x 2018E PER. Key downside risks would arise from: 1) the progress of its Vietnam project, 2) construction order book wins, and 3) delays in the Pacific Star project.

Source: Affin Hwang Research - 14 Mar 2018
22/04/2018 12:41


 

134  422  524  836 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 BORNOIL 0.080.00 
 HSI-C3B 0.455-0.02 
 SAPNRG 0.73-0.025 
 UMWOG 0.275-0.015 
 HSI-H2Z 0.30-0.005 
 HSI-C3E 0.47-0.01 
 HUAAN 0.395-0.02 
 PANPAGE 0.275+0.01 
 BORNOIL-WD 0.04+0.01 
 IRIS 0.170.00 
Partners & Brokers