Highlights
KLSE: JAKS (4723)       JAKS RESOURCES BERHAD MAIN : Construction
Last Price Today's Change   Day's Range   Trading Volume
1.47   +0.04 (2.80%)  1.42 - 1.47  3,773,400
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Overview

Market Cap: 719 Million
NOSH: 489 Million
Avg Volume (4 weeks):1,876,642
4 Weeks Range:1.25 - 1.47
4 Weeks Price Volatility (%):
100.00%
52 Weeks Range:0.985 - 1.79
52 Weeks Price Volatility (%):
60.25%
Average Price Target: 1.57
Price Target Upside/Downside: +0.10

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2017[#2]  |  17-Aug-2017
Next QR | Est. Ann. Date: 30-Sep-2017  |  24-Nov-2017
T4Q P/E | EY: -1,117.22  |  -0.09%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 1.1027  |  1.33
T4Q NP Margin | ROE: -3.40%  |  -0.12%

Market Buzz

Date Type Subject
17-Oct-2017 Price Target JAKS Resources (BUY, Upgrade) - Getting Better From Here
Source : Affin Hwang Capital, Price Call : BUY, Price Target : 1.50
Last Price : 1.47, Upside/Downside : +0.03(2.04%)
19-Oct-2017 Blog Daily Technical Highlights - (TUNEPRO, JAKS)
18-Oct-2017 Blog JAKS' Profit Growth Prospect - Koon Yew Yin
19-Oct-2017 Insider KOON YEW YIN (a substantial shareholder) acquired 3,651,100 shares on 17-Oct-2017.
19-Oct-2017 Insider MR ANG LAM POAH (a substantial shareholder) acquired 176,200 shares on 13-Oct-2017.
17-Oct-2017 Insider DATO' RAZALI MERICAN BIN NAINA MERICAN (a substantial shareholder) transferred 1,150,000 shares on 13-Oct-2017.
17-Oct-2017 Insider MR KOON YEW YIN (a substantial shareholder) acquired 1,388,900 shares on 16-Oct-2017.
17-Oct-2017 Insider MR KOON YEW YIN (a substantial shareholder) acquired 430,000 shares on 13-Oct-2017.
17-Oct-2017 Insider ORIGINAL INVENTION SDN BHD (a substantial shareholder) transferred 1,150,000 shares on 13-Oct-2017.
16-Oct-2017 Insider MR ANG LAM POAH (a substantial shareholder) acquired 1,800,000 shares on 13-Oct-2017.
16-Oct-2017 Insider DATO' RAZALI MERICAN BIN NAINA MERICAN (a substantial shareholder) acquired 1,800,000 shares on 13-Oct-2017.
19-Oct-2017 Insider MR ANG LAM POAH (a company director) acquired 176,200 shares at 1.260 on 13-Oct-2017.
17-Oct-2017 Insider DATO' RAZALI MERICAN BIN NAINA MERICAN (a company director) transferred 1,150,000 shares at 1.260 on 13-Oct-2017.
16-Oct-2017 Insider DATO' RAZALI MERICAN BIN NAINA MERICAN (a company director) acquired 1,800,000 shares at 1.400 on 13-Oct-2017.
16-Oct-2017 Insider MR ANG LAM POAH (a company director) acquired 1,800,000 shares at 1.400 on 13-Oct-2017.
20-Oct-2017 Additional Listing Long-Term Incentive Plan - 2,700,000 shares at 1.400.
20-Oct-2017 Forum 19 New Comments

Headlines

Date Subject
19-Oct-2017 Daily Technical Highlights - (TUNEPRO, JAKS)
18-Oct-2017 JAKS' Profit Growth Prospect - Koon Yew Yin
17-Oct-2017 JAKS Resources (BUY, Upgrade) - Getting Better From Here
03-Oct-2017 Mplus Market Pulse - 3 Oct 2017
03-Oct-2017 JAKS Resources Berhad- Disposes Land for RM25.9m
02-Oct-2017 JAKS RESOURCES: RM8.6bn of 25 years recurring income, order book RM2.5bn, FY2019 revenue RM1.1bn
30-Aug-2017 How Many Homes Can JAKS' 1,200 MW Supply? Koon Yew Yin
19-Aug-2017 JAKS' Poor 2nd Quarter Result - Koon Yew Yin
18-Aug-2017 JAKS - Weak Earnings
03-Aug-2017 建议1.67亿脱售总部.捷硕负债比料改善
02-Aug-2017 Mplus Market Pulse - 2 Aug 2017
25-Jul-2017 Traders' Corner - Jaks Resources (JAK MK)
10-Jul-2017 “On Our Radar” Tracker Review - On Cautious Mode
28-Jun-2017 捷硕可继续持有吗?
28-Jun-2017 Trading idea: JAKS – Strong orderbook of RM2.6bn to sustain earnings growth with undemanding valuations
23-Jun-2017 [转贴] JAKS捷硕 - 第15届股东大会 - RH Research
16-Jun-2017 JAKS - Improving Outlook
13-Jun-2017 ENGTEX VERSUS JAKS: Which Is The Better Water Pipes Manufacturer (Calvin Tan Research)
03-Jun-2017 Investors Should Look at the Company's Business - Koon Yew Yin
27-May-2017 A New Lesson For Investors - Koon Yew Yin

Business Background

JAKS Resources Berhad is engaged in investment holding and is a general contractor. The Company operates in five segments: manufacturing, which consists of manufacturing of pipes, ductile steel pipes and steel hollow section; trading, which consists of trading in sheet piles, steel bars, mild steel and special pipes, other steel related products and supply of products for water supply industry; construction, which consists mainly of provision of sub-contracting activities, general contractor and supplier of building materials; investment, which includes investment holding, and Property Development, which includes development of residential and commercial properties. Its direct subsidiaries are JAKS Sdn. Bhd., Pipe Technology System Sdn. Bhd., JAKS Steel Industries Sdn. Bhd., Surge System Sdn. Bhd. and Empire Deluxe Sdn. Bhd. On July 12, 2011, the Company acquired 51% stake in JAKS Offshore Sdn Bhd.
Analyze this stock with MQ Trader system

  7 people like this.
 
apolloang bro hng33,today u bought back jaks or not? I follow u bought a bit at 1.26 and hold until now.maybe up a bit more I will queue to sell for uncle koon......hahaha
19/10/2017 10:48
ilovehits Jaks the two of us. Haha..
19/10/2017 11:00
ilovehits Just sharing with you guys. No need too serious la.
https://www.youtube.com/watch?v=_WamkRSDeD8
19/10/2017 11:00
wotvr Lol. Suddenly shoot up because of KYY article. Then after that will drop. Anyway, nothing wrong with what hng do. As long as he happy. Not your money also.
19/10/2017 11:21
CharlesT Posted by wotvr > Oct 19, 2017 11:21 AM | Report Abuse

Lol. Suddenly shoot up because of KYY article. Then after that will drop. Anyway, nothing wrong with what hng do. As long as he happy. Not your money also.

Oldman not happy with him coz that's his money
19/10/2017 11:24
stockmanmy Given enough time....with 1 or 2 years horizon.......very good probability the share will be above $ 2


In short term.....( till next results end Nov) ........on everyone's mind..........Will share go down again the moment KYY stops buying?

Father Christmas comes early this year...and KYY rescues all those caught at higher prices....Lots and lots of people caught between $ 1.50 and $ 1.70 who are happy to sell at their cost.....................


Long term vs Short term.......What will it be? Short term or long term investors....everyone is affected by market price. Other than KYY, are there enough long term investors out there? What happens the moment KYY stops buying?

These are questions on every's mind.

.....my own conclusion is......above $ 1.50, it will drop the moment KYY stops buying. Valid until next results.

Inspired intervention. Now everyone happy.


Looking at the charts, the timing, for this round of purchases is very good. Should be able to trade to the $ 1.50 $ 1.60 range this round. What will people do above $ 1.50?.........hahahaha....Trade at own risk,
19/10/2017 11:58
fast RM1.43 still damn cheap. If I'm CEO, I would do company share buy back.
19/10/2017 12:21
Lee Richard JAKS is for medium to long term.... guess patience is needed to see light at the end of the tunnel and it might be sooner than we thought...
19/10/2017 14:21
coecoe KYY calculates with a total sales of the power plant of around USD 530mio/year. Sales, no profit. What will be the profit for JAKS? 40% times what?
19/10/2017 14:25
fast USD530m is super optimistic la.... Equal to RM2.2b, 40% = RM896m!
19/10/2017 14:41
DK66 If this is the net profit amount, it is not super optimistic, it is impossible !
19/10/2017 14:45
rogers123 2 parties fight, third party benefit
19/10/2017 15:05
rogers123 14 % return now. Better than bank
19/10/2017 15:06
ACE9696 tp 2.000
19/10/2017 15:07
rogers123 If it continues up, i will just hold. I wont buy anymore. Have enough for this year. Don wan to be greedy
19/10/2017 15:07
rogers123 Kyy is asking people to buy, to make the price high for ang lam poh to chase. Ang lam poh has limited cash to buy. He cant afford to buy at high price. If use margin acc, he will die faster if kyy crash the price. Ang lam poh can only press the price now. But i don think he can hold it anymore if jaks is flooded by buyers
19/10/2017 15:15
rogers123 All the hardwork done by ang lam poh, soon will be given to kyy.
19/10/2017 15:17
coecoe the USD 530m is SALES not profit. Therefore my question, what is the % profit??
19/10/2017 15:22
fast rogers123: Nope. If say Jaks really perform very very well in the future, 25 years of BIG cash coming in, EVERY SHAREHOLDERS will be benefited. Perhaps after Jaks turned net cash, dividend will be given out?
19/10/2017 15:26
lizi ang lam poh can always buy cheap anytime through employee option.
19/10/2017 15:32
baiyuensheng dk66: my bad.
19/10/2017 15:42
baiyuensheng ashes produced by coal thermal plant causes a lot of pollution. these ashes are supposedly bought to make cements... but supply outstripped demand and some coal plants may have to cutback or stop as they run out of place to hold the ashes. with so many coal plants coming up, wonder the government will buy all of what 'JAKS plant' produced.... KYY optimism may be overstretched?
19/10/2017 15:48
baiyuensheng anyway pick up another 10K @1.43
19/10/2017 16:26
charliecharlie picked up at 1.42 today
19/10/2017 16:31
tksw quick quick run la...
19/10/2017 18:11
fast https://www.youtube.com/watch?v=xkH-vR2IR_E
"Stock market for beginners" - Advice by Warren Buffet
19/10/2017 19:13
CharlesT Out of 5m shares done on 17 oct kyy sapu ard 70%....l9l
19/10/2017 22:18
MoneyNotEnough Next resistant RM1.49

https://klse.i3investor.com/blogs/kenangaresearch/135663.jsp
19/10/2017 22:24
apolloang ok I key in to sell at 1.48....haha
19/10/2017 22:55
calvintaneng Another day of stock manipulation by uncle Kyy

See 3.6 millions Jaks sapu

http://klse.i3investor.com/insider/substantialShareholder/4723/19-Oct-...

And the corresponding act is by dumping more Canone shares

See

https://klse.i3investor.com/servlets/stk/5105.jsp

The very game being played by KYY

KYY = Kena Yo Yo?

For Jaks it is YOYO Up

For Canone it is YOYO Down!


The plaything of K YOYO?


Enjoy yourself

Must be playing happily in childhood

Now is The 2nd Childhood Time for KYY!
19/10/2017 23:40
calvintaneng http://klse.i3investor.com/insider/substantialShareholder/4723/19-Oct-2017/410456_2811003376.jsp
19/10/2017 23:42
CharlesT Kaki char kaki song
20/10/2017 06:02
Hengyuan: SEXY BABE RM21! BIG QUESTION: JAKS management got the expertise to run the Power plant not............
20/10/2017 08:52
baiyuensheng jaks dont run the plant..... the china partner does... i am just worry the sales agreement is not watertight for jaks.
20/10/2017 09:28
baiyuensheng if everything goes as what kyy said.... this is a great opportunity... otherwise .... oh well. you gotta do ur homework...and u are accountable for ur own decision
20/10/2017 09:29
MoneyNotEnough Maybe QR showing good result. For us QR only out next month but for insider, QR already finalise.
20/10/2017 09:49
apolloang uncle koon know I wanna sell,i key in 1.48 to sell, until now sleeping pula....hehe
20/10/2017 09:51
Tom banker's profit guarantee....LOL......
20/10/2017 10:14
CharlesT http://www.bursamalaysia.com/market/listed-companies/company-announcements/5576445

1. Details of Corporate Proposal

Details of corporate proposal Long-Term Incentive Plan
No. of shares issued under this corporate proposal 2,700,000
Issue price per share ($$) Malaysian Ringgit (MYR) 1.4000
Listing Date 23 Oct 2017


Guess whether Mr.Koon wanna belanja them chicken rice or abalone?
20/10/2017 10:15
MoneyNotEnough That OK, qtr bonus for director for their good work. Price up 17cent in last 3 trading session. We all also benefit from it. And now price firm at 1.43

Yesterday I was expecting punter to come in and push the price up by another 15cents and sell today then buy back after price return to 1.40 range.

Look like need to hold until QR out to decide.
20/10/2017 11:08
charliecharlie when is the next QR result?
20/10/2017 12:41
MoneyNotEnough Usually 2nd or 3rd week of November.
20/10/2017 13:28
smartly the nature of day trader is to take profit fast, i see nothing wrong with that.
this is called scalping....
20/10/2017 15:11
fast I missed CAB badly. From Oct 2011 to present Oct 2017 (6 years time), return is 1153%! Hopefully in 2023 Jaks will give us this type of return!
20/10/2017 16:25
wotvr JAKS is future PN17 company. Don't get trapped. They have no stable business running at the moment. Every business is hanging by a thread. You are putting all your hopes into a power plant in Vietnam that may or may not succeed. Price merely supported by KYY. The bubble will burst eventually.
20/10/2017 19:58
michaelwong Kyy is the man behind the scene in jaks uptrend. His statements can simply attracted and draw huge crowd of participants into jaks .
20/10/2017 20:15
rogers123 Jaks in future PN17? Make me laugh. Hahaha. If u don understand about the future plan......u better don give the advice. Few factors will make Jaks fly - the profit from the land, Water project after the consolidation in Selangor n Vietnam project. Kyy wont let jaks fall, he is using margin account. The free float in market is getting lesser n lesser now
20/10/2017 20:57
MoneyNotEnough Yes, base on how the director and shareholder continue to acquired stock from open market. It is only a matter of time before Jaks become limited.

To own one at that time would need to pay HUGE premium cause once let go may not be able to buy back loh...

Better buy now while you can and not to regret later.

You should know uncle golden rule. Do you think he will wait 5 yrs, 10yrs or 15 yrs. He is not going to wait for Jaks to take its natural cause. He is going to sailang Jaks up in the shortest time possible. Remember uncle is a Super Investor and look at uncle track record.

If you read up uncle blog, in one of his writting he mention that he is confident one day Jaks will be like YTL Power. Currently Jaks market cap is 700m, YTL Power is 1.15b Jaks still have 16.4x to catch up to YTL Power.

I am going to sell off my other counter next week even at a loss and sailang everything on Jaks.

This is only my own opinion, please invest at your own risk.
20/10/2017 22:52
stockmanmy The issue of Long term incentive plan shares to directors marked the bottom of the share......really a good sign.

Likely that the construction profits from Vietnam is much bigger than previous quarters. This has prompted the directors to exercise their options.....................don't forget, they have to pay tax on the full value of the shares issued.


Imagine a scenario...................this coming quarters got profits from sales of factory land ( >$ 100 million, Balance Sheet looks much better, ) and if construction profit also larger than market expected.................things look good.................

Sellers also seemed to have dried up........bad market day, but no increased selling.

......good inspired move on KYY part to intervene when the charts shows a reversal from the down trendline.........................
20/10/2017 23:06
lengleng legend the naysayers are coming to incite fear again.... the issuance of Long Term Incentive plan shares, future profits from Vietnam power plant, better construction profits, one-off disposal gain, kyy's buying are all signal to buy !!
20/10/2017 23:11


 

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