KLSE: JAKS (4723)       JAKS RESOURCES BERHAD MAIN : Construction
Last Price Today's Change   Day's Range   Trading Volume
1.49   +0.04 (2.76%)  1.44 - 1.50  3,500,900
Analyze this stock with MQ Trader system


Market Cap: 734 Million
NOSH: 493 Million
Avg Volume (4 weeks):1,174,294
4 Weeks Range:1.35 - 1.50
4 Weeks Price Volatility (%):
52 Weeks Range:0.99 - 1.79
52 Weeks Price Volatility (%):
Average Price Target: 1.58
Price Target Upside/Downside: +0.09

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2017[#3]  |  22-Nov-2017
Next QR | Est. Ann. Date: 31-Dec-2017  |  01-Mar-2018
T4Q P/E | EY: -151.29  |  -0.66%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 1.1437  |  1.30
T4Q NP Margin | ROE: -3.87%  |  -0.86%


Date Subject
25-Nov-2017 JAKS' 1,200 MW Coal Fired Power Plant, Vietnam Site Visit - Koon Yew Yin
23-Nov-2017 Jaks Resources Berhad - Look Forward to FY18
23-Nov-2017 Jaks Resources - Supported by Write-back
21-Nov-2017 Daily Technical Highlights - (EMETALL, JAKS)
01-Nov-2017 Daily Technical Highlights - (JAKS, DATAPRP)
31-Oct-2017 My Proposal for the Board of JAKS - Koon Yew Yin
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: 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?

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.
Trade this stock with 3 x trading limit. Find out more.

  7 people like this.
yewyin33 All investors must read my article " JAKS'1,200 MW power plant site visit in Hanoi, Vietnam" to learn how to make a lot of money. I believe JAKS with the Chinese partners should be able to secure another power plant contract in Vietnam or in Myanmar. Both countries have an abundance of coal and they need electricity badly.

In Yangon, every shop has a diesel generator to provide electricity.

Vietnam is progressing so rapidly that electricity is much needed. Hanoi has a population of 6.5 million people and property prices are more expansive than that in KL. Most of the shops are 10 feet wide and each is selling more than one million USD.

Koon Yew Yin
26/11/2017 00:39
mamakspecial long-term investor mamakspecial: After 1 year, you won't get RM1.43
25/11/2017 17:50

such condescending tone..its one thing to be confident.its another to PREDICT stock price movement with just one sentence and no further elaboration on why you think so..
then tell everyone..why do you think after 1 year you wont get that price..

Of course 1 year later the price wont be this...either up or down...but you gave no indication
heck..1 year later..the amount of bulu in my body will also be different

I personally really respect uncle koon writing..although i dont always agree with the things he wrote At the very least he will take the time and effort to explain why he thinks the price will go up.

'IN 1 YEAR TIME YOU WONT GET RM1.43'. ..such haughtiness.
26/11/2017 08:54
gohkimhock Wait until the power plant is 80% built; maybe then i will consider. I don't mind buying higher than the current price.
26/11/2017 11:31
SALAM Will be a TRANSFORMED ENTITY by year 20020..Too early to buy now, may be at RM1.00
26/11/2017 11:32
stncws don buy hardsellstock...
26/11/2017 11:47
CharlesT Biggest shareholder come to i3 to hardsell every now n then.....lol
26/11/2017 11:49
Yu_and_Mee don't buy jaks!
26/11/2017 19:16
Sebastian Sted Power Total JAKS shares 493,000,000; KYY bought 107,982,600 (20%++ of total).

If next 3-5 years; JAKS upto RM10 then just imagine how rich is KYY (if only la)
26/11/2017 21:59
tomblack Kesm is a very good semiconductor stock with a low P/E. A stock split is likely to happen near future.
27/11/2017 07:25
joeshare to buy or not to buy
27/11/2017 10:40
adamsmith buy n keep
27/11/2017 11:15
rogers123 Plz fall more.... I gonna buy second batch... Sailang
27/11/2017 11:16
KLCI King I trust Calvin Tan more than the old fox, at least Calvin Tan can't manupulate the price, the old fox has the money to dingdong
27/11/2017 16:04
markgor does this affect jaks ?
27/11/2017 20:14
DK66 It affects the Vietnam government.
27/11/2017 21:24
Jeffreychuah Expect some profit taking tomorrow
27/11/2017 21:33
Yu_and_Mee JAKS short term not good, not able to make profit but long term still uncertain.
Short term here means within 7 years from now.
Long term means above 15 years.
28/11/2017 06:42
HENGYUAN @RM21 CONFIRM COMING The problem of JAKS is its high borrowing. all profit kena eat into by borrowing cost, interest to serve. Even good result will result lesser end of the day when interest is going up soon. the borrowing need to be parred down. but it seems not possible when construction still in progress....

Maybe after 2020, when profit shown I can consider, time being, forget it first.
28/11/2017 12:22
KLCI King Rather paying higher price for confirmed delivered company than paying low price for possible hiccup company, so many surprises from this company, no different from the one from Mudajaya
28/11/2017 16:03
hagar Clever boy KLCI King
28/11/2017 18:10
SJSOON Last time Koon Koon said Mudajaya was a good buy because of the power plant project in India. Do you guys still remember? Haha, this tome round he suggests JAKS. Oh well, judge by yourself.
28/11/2017 22:35
DK66 Trust no one in i3 including KYY. Just find out how valuable is Jaks's 40% stake in US$1.87b Vietnam thermal power plant, then decide whether it is worth all the risks. Investment is all about risk reward evaluation. Nothing is risk free. It doesn't mean if someone failed somewhere, everyone else must fail elsewhere too.
28/11/2017 23:53
Jarklp CPECG fund the project in full and share 30% future profits with JAKS? I am just curious why does CPECG need to work with a small fish like JAKS? Can't they handle the project themselves?
28/11/2017 23:53
DK66 11月19号22点10分,越南海阳2×600MW燃煤电厂工程#1主厂房深基坑#3筏板基础垫层成功浇筑完成。
29/11/2017 09:24
Rhino Teo took profit. not much upside potential. there are much better counters out there
29/11/2017 10:12
Rhino Teo will go below rm1
30/11/2017 11:24
Lee Richard Politically, I guess same as India, the Viet. Govt as well as India Govt will be reluctant not give direct contract to China.. so JAKs play the bridge...
30/11/2017 11:28
Lee Richard Politically, I guess same as India, the Viet. Govt as well as India Govt will be reluctant to give direct contract to China.. so JAKs play the bridge..... So look like good time to accumulate at this price 1.40 !!
30/11/2017 22:49
mamakspecial Rhino Teo will go below rm1
30/11/2017 11:24

LOL..another master fortune teller that can tell the price of stock movement so easily

Tell me one thing..are you the richest person in the history of mankind..cos if you can so easily spell out a stock price movement..you should be the one.

I agree with your previous statement on taking profit and suggesting better counters out there..but then..to so easily quote a price is another thing.

be an investor with reason la..dont become a fortune teller.
01/12/2017 11:23
DK66 11月28日,安徽电力建设第一工程有限公司承建的越南海阳燃煤电厂工程化水区域两个原水箱基础浇筑完成。原水箱基础半径为16.4m,基础混凝土厚度为1m,混凝土总浇筑方量为1680m3。单个原水箱基础上部约盛放9500m3原水。 为满足工程进度计划要求,项目部提前策划上部水箱制作,将原水箱基础施工完成作为前提条件,为后续原水箱制作提供充分的施工时间。十一月初,随着作业面陆续展开,项目部工程部与专业科认真盘点年前工作量,要求建筑施工队伍加载作业资源,不仅满足主体工程施工需要,外围工程也要均衡推进。由于化水区域两个个原水箱基础下共有256个PHC管桩,根据桩头处理图纸计算有2048个钢筋焊接接头,焊接工作是土建基础施工关键一环,项目部专业科与施工班组共同组织,合理安排,确保桩头处理焊接高效优质完成,经过各部门、专业以及施工队伍的共同努力,原水箱基础按期完成浇筑,为下一步原水箱制作创造了条件。
01/12/2017 16:58
Kevin Khoo https://www.facebook.com/KLSELION/photos/a.878187689007766.1073741833.848454415314427/878188172341051/?type=3&theater
02/12/2017 17:53
yewyin33 obviously, those who did not believe what I wrote about Hengyuan, did not buy it.

Time will tell who is right and who is wrong about Jaks. Remember patience is the key to successful investment. Jaks is for long-term investors. Studies have shown that most short-term investors lose money.
You must examine your track record. If you are still poor, you must change your method.

My intention is honorable and If you buy or not does not matter to me. You don't have so much money to push up share prices.
Koon Yew Yin
04/12/2017 18:55
mrtai021 Get opinions from believable people and have an open minded thinking i believe is the way to invest. Thanks for you teaching MR KYY. I will ride on Hengyuan and be back on JAKS.
06/12/2017 00:45
tehka I believe you Mr Koon. Though I am poor now but I have a big dream to become rich too. If I invest long term how long before I can turn my 100k into 1M?
06/12/2017 12:43
steady31 Uncle Koon,dont waste your breath and time on these short term short sighted punters who only sing praises when the stock you recommended keep going up.Where on earth can such a situation prevail.There is always up and down and plenty times of pauses.I believe in your JAKS and have bought to stay for long term to ride its multi bagger potential.I know it will happen as I have the benefit of riding MFCB also a power plant story from 2 years ago at less than 1.80.Thank you Uncle Koon.Please continue to give me valuable advice and tips
07/12/2017 09:50
ronald118 Mr.koon, agreed on you. And i read your monday Nanyang newpaper article too.
08/12/2017 09:36
yewyin33 I have the pleasure to respond to all the comments including alexyoong's .

Please go to my blog to read my article "Why I bought into Jaks?" After searching for 6 or 7 years, Jaks finally found the Chinese company which has been involved with about 90% of the coal-fired power plants in China to JV. The consortium of 3 National Bank, after examining the power purchase agreement carefully, they agreed to finance 75% of the total cost of Rm 7.76 billion. The selling price of the electricity depends on the price of coal, depreciation of the plant, profit for the JV company, etc. The banks must make sure that the JV company can make profit, otherwise, they cannot repay the loan.

As far as Jaks is concerned, the company has completely subcontracted the whole project to the Chinese and in return, the company will receive Rm 400 million during the power plant construction and 30% plus 10% option of the company that sells electricity to the Vietnamese Government for 25 years.

As a co-founder of Mudajaya, Gamuda and IJM Corp, I have examined hundreds of contacts before, during my 55 years experience in the contracting business, I have not seen such a juicy power purchase contract or agreement. Jaks with such a small market capitalization can own 40% of the JV company which owns the 1,200 MW power costing Rm 7.76 billion to build. Moreover, Jaks does not need to borrow money to pay for the 40% share of the JV. On top of all that, the consortium of 3 National Chinese Banks guarantees that the JV makes the profit every year for 25 years.

Thatis why my wife and I bought more than 150 million shares.
Koon Yew Yin
08/12/2017 16:02
smartly Mr. Koon, can comments a bit about bitcoin ?
08/12/2017 16:06
DK66 Mr Koon, It is the JV business to ensure that the power plant is profitable thru its PPA. Why would the chinese banks guarantee that the JV makes the profit every year for 25 years ? By the way, do you know where I can get a copy of the power purchase contract ? Thank you.
08/12/2017 21:55
DK66 Mr Koon, from your experience, how is this power purchase contract compared to the one awarded to ytlpower some 20+ years ago, better ? Thanks for sharing.
08/12/2017 22:13
Pc Tan dropped
09/12/2017 10:58
yewyin33 I refer to DK66's comment. Although I have not seen the power purchase agreement (PPA) duly signed by the top officials of the Vietnamese Government, I can safely assume that the 3 Chinese Government Banks must have examined the PPA very carefully before they are prepared to finance the project. If the Jaks and the Chinese JV partner cannot make a profit they will not be able to pay back the banks.

As an investor, I can say that when Jaks make a profit, I will also make a profit because the profit announcement will push up the share price. The banks will also make a profit.

In other words, the Banks are guaranteeing all the shareholders that they will make a profit.

I cannot tell you the difference between this PPA with YTL's PPA because I have not seen any of the two. I do not think you can get a copy of the PPA from Jaks or from the Vietnamese government.

I know all the shareholders are anxiously waiting to see Jaks'profit. All I can say is patience is the key to successful investment. I strongly believe the share price will double when the power plant is completed in about 2 - 2.5 years. It should go higher when Jaks receives more money from the Rm 400 million from the Chinese partners.

One of Warren Buffet's financial tips "Our eyes are placed in front because it is more important to look ahead than look back".

Koon Yew Yin
11/12/2017 00:20
JN88 why still at 1.4??
11/12/2017 00:31
DK66 Mr Koon, thank you for your reply.
11/12/2017 09:28
smartly Mr Koon, probably you are right. if jaks receives 400m from the jv, say it is a clean profit nothing else. that would represent an eps of 400/493 = 81c. this eps will command a pe of 1.42/0.81 = 1.75c which is far lower than the standard 10c pe....only if 400m is a pure clean profit, then jaks will command a better share price ahead.
11/12/2017 10:46
steady31 Uncle Koon,I wish to direct JN88's question for you to address -why still 144, when you say Jaks is such a multi bagger potential.I believe the stock suffers from lack of institution fund holders causing a lot of free float to sell and resell in the open market.One has to ask why is this , either there is not enough promotion of the stock to fund managers or they do not believe in the potential that this stock has by its oversea power plant project
12/12/2017 10:51
bluebiznet yes. i have to agree to what kyy said, we all dont have so much money to push up share prices. i guess this is true for majority i3 investors including myself.
12/12/2017 11:08
bluebiznet steady31: fund managers in malaysia is a play-safe job, if i am a fund manager, i wont risk my rice and bowl trying to out perform the market. sorry to say that but its true. and thats the reason why i never invest even a single cent in unit trust, no point for ne to waste the moneyy to pay for their sales charges and annual management fees
12/12/2017 11:17
yewyin33 I suggest you all go to my blog to read my latest article "Warren Buffet's financial tips". I am sure you will learn how to make more money. Koon Yew Yin
13/12/2017 00:12
MoneyNotEnough Thanks Mr. Koon.
13/12/2017 15:57


516  277  489  585 

Top 10 Active Counters
 NETX 0.0450.00 
 PUC 0.26+0.005 
 TRIVE 0.055+0.01 
 HIBISCS 0.83+0.015 
 SAPNRG 0.81-0.005 
 PUC-WB 0.155+0.005 
 DNEX-WD 0.22+0.005 
 FRONTKN 0.425+0.01 
 DNEX 0.465+0.01 
 DGSB 0.085+0.005 
Partners & Brokers