Highlights
KLSE: JAKS (4723)       JAKS RESOURCES BHD MAIN : Construction
Last Price Today's Change   Day's Range   Trading Volume
1.15   -0.03 (2.54%)  1.12 - 1.18  5,121,600
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General Meeting

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Ann. Date Date Time Type Venue View
30-Apr-2018 26-Jun-2018 10:00 AGM Grand Pacific Event Hall, 3rd Floor, Evolve Concept Mall, Pacific Place @ Ara Damansara, Jalan PJU 1A/4, Ara Damansara, 47301 Selangor Darul Ehsan Meeting Detail
30-Nov-2017 15-Dec-2017 10:00 EGM Grand Pacific Event Hall, 3rd Floor, Evolve Concept Mall, Pacific Place @ Ara Damansara, Jalan PJU 1A/4, Ara Damansara, 47301, Petaling Jaya, Selangor Darul Ehsan Meeting Detail
28-Apr-2017 22-Jun-2017 10:00 AGM Grand Pacific Event Hall, 3rd Floor, Evolve Concept Mall, Pacific Place @ Ara Damansara, Jalan PJU 1A/4, Ara Damansara, 47301 Selangor Darul Ehsan Meeting Detail
10-May-2016 28-Jun-2016 11:00 EGM Grand Pacific Event Hall, 3rd Floor, Evolve Concept Mall, Pacific Place @ Ara Damansara, Jalan PJU 1A/4, Ara Damansara, 47301, Petaling Jaya, Selangor Darul Ehsan Meeting Detail
29-Apr-2016 28-Jun-2016 10:30 AGM Event Hall, 3rd Floor, Evolve Concept Mall, Pacific Place @ Ara Damansara, Jalan PJU 1A/4, Ara Damansara, 47301, Petaling Jaya, Selangor Darul Ehsan Meeting Detail
27-Aug-2015 15-Sep-2015 10:30 EGM Selangor 1 Ballroom, Dorsett Grand Subang, Jalan SS 12/1, 47500, Subang Jaya, Selangor Darul Ehsan Meeting Detail
28-May-2015 29-Jun-2015 10:30 AGM Selangor 3 Ballroom, Dorsett Grand Subang Jalan SS12/1, 47500 Subang Jaya Selangor Darul Ehsan Meeting Detail
02-Jun-2014 26-Jun-2014 10:30 AGM Royal Ballroom, Kelab Golf Sultan Abdul Aziz Shah No.1, Rumah Kelab, Jalan Kelab Golf 13/6 40100 Shah Alam, Selangor Darul Ehsan Meeting Detail
21-Jun-2013 09-Jul-2013 10:30 EGM Royal Ballroom, Kelab Golf Sultan Abdul Aziz Shah No.1, Rumah Kelab Jalan Kelab Golf 13/6 40100 Shah Alam Selangor Darul Ehsan Meeting Detail
12-Jun-2013 28-Jun-2013 11:00 EGM Royal Ballroom, Kelab Golf Sultan Abdul Aziz Shah, No. 1, Rumah Kelab, Jalan Kelab Golf 13/6, 40100 Shah Alam, Selangor Darul Ehsan Meeting Detail
05-Apr-2013 30-Apr-2013 10:30 AGM Royal Ballroom, Kelab Golf Sultan Abdul Aziz Shah No.1, Rumah Kelab, Jalan Kelab Golf 13/6 40100 Shah Alam, Selangor Darul Ehsan Meeting Detail
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  7 people like this.
 
kyy_superinvestor i predict this stock will down below rm 1
19/07/2018 09:55
Nikmon next Monday is the D day, if the result of hearing does not favor JAKS.....another round of selling down......
19/07/2018 10:34
nkk53 Luckily i sold all last yr but incurred minor loss only
19/07/2018 10:36
TheLegend27 somebody unload big at 1.18. high volume today
19/07/2018 10:57
smartly this one drop until ah ma also can't recognize... :(
19/07/2018 11:21
hng33 buy on weakness at 1.18
19/07/2018 11:33
leek KYY SELLING???
19/07/2018 12:14
Jadam 量增价跌,还是小心为妙,可能庄家正在跑路了。。。。。。
19/07/2018 12:23
Lee Guan Hong Hng ur tp hw much?
19/07/2018 12:32
TheLegend27 this counter is value buy now. imagine high courts ask star and jaks go for arbitration proceeding or adjudication proceeding first with construction professional as judge. very likely jaks will not lose the case and eventually jaks won the case and star appeal again to high courts, high courts very likely will uphold arbitration result.
19/07/2018 13:39
Lee Guan Hong The legend hw much is ur entry ?
19/07/2018 13:48
PiddleMinger JAKS dying a slow death
19/07/2018 16:01
Lee Richard TheLegeng27; After briefly going through JAKS webpages and did some reading there, I believe JAKS has a case against their appeal on the encashment of RM50million Performance Bond for the reason below :--

i) The Variation Order or additional work amounting to over RM50million which is more that the PB (just the final evaluation and concurrence yet to be established by STAR. but there is one unsettled claim..

ii)Assuming Work still ongoing despite EOT claim not granted for additional works carried out and Final account yet to be settled. But I am not sure if the progress had continued to slippage until it is deemed to be beyond salvage., if the work is progress well and catch up effort is shown, there should not be some appreciation from the STAR toward mutual goal; that is to complete the works ASAP within budget.

iii)I believe there is an obvious record of written protest from JAKS for encashment of PB for certain reasons....

I strongly agreed that this matter should settle amicably via ADR or negotiation / arbitration rather than escalating the issue to time consuming and costly court proceeding unless no other choice. STAR should within a reasonable time frame settle all valid VO and pay JAKS in a timely manner in order not to affect JAKS cashflow, "help other means help yourself" if JAKS failed, STARS failed too, no one win if the project abandon or in the state of endless prolongations.... STAR's PMC should ask JAKS to revise catch up plan with revised datelines and monitor the progress closely but assist in anyways possible as STAR's action is paramount to the success of the project. Besides JAKS has reputation to consider if the PB or really proven that is the case... There is no bad army; only bad general..let hope the issue can be resolved ASAP...









iii)
19/07/2018 16:08
Beary The oldman is hurting real bad.

KLCI everyday up but JAKS everyday down.

He must be thinking KLCI is a really stupid idiot.

Hahahahahah....
19/07/2018 17:30
apolloang still no below 1.00 yet why u worry? hahaha
19/07/2018 17:37
TheLegend27 my entry is 1.2.
19/07/2018 19:02
Lee Guan Hong Legend u buy hw many lot oh?
19/07/2018 19:14
EngineeringProfit Not bad....I was thinking to buy in at 1.18/1.19
19/07/2018 19:23
EngineeringProfit ...........then tahan.........as I thought better not to catch a falling.knife
19/07/2018 19:25
Faiza Dun worry for old man
He made truckloads frm hy
More than enuf to cover margin
19/07/2018 19:41
value88 Almost all the time when right issue is proposed, the stock price will come down because people does not like cash call (me too !).
I suppose Jaks' stock price will remain depressed until the right issue is completed in 2H 2018. Until then, I suppose it is better to stay away from this falling stock.
19/07/2018 20:24
EngineeringProfit Excellent recommendation, value88
19/07/2018 20:28
value88 If Mr.Koon starts selling, Jaks' stock price will fall further. It seems like he hasn't done so yet..
19/07/2018 20:29
idunwork The old man said he would hold this one long term
19/07/2018 22:48
888newbie Hold too much and you are stuck. All dependant on the court now.
19/07/2018 23:00
TheLegend27 lee, me ikan bilis nia.
20/07/2018 09:37
DK66 7月16日上午10时,越南海阳项目1号锅炉固定端施工电梯检测验收完成,检测机构当场宣布电梯具备投用条件,随即该台电梯正式投入现场使用。
  电梯安装之前,机械化专业组织技术管理人员多次进行实地勘察测量,编制了科学合理安装方案,并经过多次评审,最终决定采用简便安全的施工方案:利用50t塔吊直接配合吊装。安装过程中,机械化专业科人员积极参与现场安装监督旁站,及时对属地安装人员的安装作业进行监督指导,同时专业科安全员对作业区域拉设了安全警示带,严禁作业人员进入该区域施工,并进行全过程监督,确保了整个安装过程安全有序推进。

  历时1个多星期的加班加点,1号锅炉施工电梯先后完成箱笼安装、加节顶升、附墙安装以及四层进料平台的搭设。该台电梯投用后,方便了锅炉作业人员的上下锅炉,为1号锅炉的快速施工提供了有力保障。
20/07/2018 09:38
TheLegend27 the hearing would be in 23 July. anyway this stock is bottom enough. at pe less than 5 quite a value buy la. it might be bottom again or it will start rebound. just buy and don't miss this boat
20/07/2018 09:39
pang72 good sink. hehe. yewyin33 can buy more lower now
20/07/2018 09:44
leek HENGYUAN PE 2.78. BETTER BUY HENGYUAN? =D =D
20/07/2018 10:21
TheLegend27 hengyuan if buy huat lo, up so much lately. fetch more than 10% bro.
20/07/2018 10:32
Alkwong Lesson for Jaks and Sendai. Never buy a stock which don't have a historical profit record and don't pay dividends. Buying Jaks was buying on hope and fear is what's making punters cash out.
20/07/2018 11:07
frankie lim faster selllllllllllllllllllllllllllllllllllllllllllllllllllllllll .................dropping knife di ...................
20/07/2018 11:12
frankie lim after monday will drop to 1.090......ba..........
20/07/2018 11:13
PonTM99 next week buy more for long term.
20/07/2018 11:27
Karlos Price dropping like some forced selling going on. May be likely prices will drop further, just wait for durian runtuh!!!
20/07/2018 11:31
newbie8080 Good opportunity to buy lower.
20/07/2018 11:37
frankie lim ask ppl go die ......aiks....... nver ever chase dropping knife
20/07/2018 11:44
Lee Richard Appeals bank guarantee release order. JAKS Resources is appealing the High Court's decision ordering the release of a RM50m bank guarantee to Star Media Group. JAKS said it filed the appeal at the Court of Appeal. The group also filed applications for a stay of execution on the High Court order and an injunction to restrain the two issuing financial institutions of the bank guarantee from releasing the proceeds to Star Media. Meanwhile, Star Media confirmed that it had been served with the notices of appeal by JAKS and the applications for stay of execution and the injunction. (The Edge)
20/07/2018 12:53
dompeilee Old conman being forcesold....beware! https://www.youtube.com/watch?v=Ps0aIXYFTV8
20/07/2018 14:38
leek HEAVY SELLING OH
20/07/2018 14:40
PoormanTrader Today’s low is tomorrow’s high lol
20/07/2018 15:01
bubu This jaks really no lowest, only got lower lol
20/07/2018 16:17
bubu Day day break new low
20/07/2018 16:17
Nikmon today selling maybe due to Monday hearing, so if Monday got good news, probably it will up a bit.
20/07/2018 16:23
... Tom RIP to all JAKS substantial stakeholders!
20/07/2018 16:24
lala23 Hidup Business Sense!!
20/07/2018 16:44
HOLLAN5222 black monday
21/07/2018 00:07
bluebiznet Newbies8080 good opportunity to buy lower. Kyy gonna praise you again for your sensible comment. He will invite you for a tea next week LOL
21/07/2018 02:35
EngineeringProfit Interesting.......to watch closely

oversold++

good potential for contra play later for great profit$$$
21/07/2018 09:48


 

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