JAKS RESOURCES BERHAD

KLSE (MYR): JAKS (4723)

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Last Price

0.13

Today's Change

0.00 (0.00%)

Day's Change

0.13 - 0.135

Trading Volume

1,706,500


39 people like this.

63,905 comment(s). Last comment by Starisborn 1 week ago

Mikecyc

44,231 posts

Posted by Mikecyc > 2 months ago |

Post removed.Why?

Huangbk72

4,834 posts

Posted by Huangbk72 > 2 months ago | Report Abuse

Miketikus..

U see Jaks going above 23/24 since last year.. non stop promoting

Now amdui? 😂😂😂😂😂

Mikecyc

44,231 posts

Posted by Mikecyc > 2 months ago | Report Abuse

Haha Today observation :

Yesterday VWAP closed RM 0.150 … Today from 0.155 to 0.151 to 0.152 … let’s see closing VWAP …

Huangbk72

4,834 posts

Posted by Huangbk72 > 2 months ago | Report Abuse

Hahhahaa.. This Miketikus

Since last week.. already stated 15/16c for Jaks

Still havent changed.

Why you till today cannot find.. observe everyday 😂😂😂

TA expert kononnya

Mikecyc

44,231 posts

Posted by Mikecyc > 2 months ago |

Post removed.Why?

Mikecyc

44,231 posts

Posted by Mikecyc > 2 months ago | Report Abuse

Haha if tomorrow VWAP closed Price is Higher than RM 0.152 … Shl be a Good sign …

MrHuangBK

1,097 posts

Posted by MrHuangBK > 2 months ago | Report Abuse

😂😂😂😂😂

Miketikus ajaran sesat again

lee901

181 posts

Posted by lee901 > 2 months ago | Report Abuse

SC confirms raid on some listed firms over suspected abuse of fund-raising activities

Good luck JAKS

Mikecyc

44,231 posts

Posted by Mikecyc > 2 months ago | Report Abuse

KUALA LUMPUR (March 14): The Securities Commission Malaysia (SC) has confirmed that the premises of certain public listed companies have been raided over the suspected abuse of fund-raising activities.
The SC said this in an email response to The Edge, but did not elaborate, saying it was not able to provide further details on the raids as "investigations are ongoing".
Earlier on Thursday, The Star reported, citing sources, that the regulator had kicked off the investigations following complaints and tip-offs from the public on alleged fraud, and the potential false or misleading disclosure by several public listed companies in their fund-raising exercises, including private placements, employee share option schemes and rights issues.

According to the news report, the raids were said to have been conducted around the Tropicana area in Petaling Jaya

Mikecyc

44,231 posts

Posted by Mikecyc > 2 months ago |

Post removed.Why?

Mikecyc

44,231 posts

Posted by Mikecyc > 2 months ago |

Post removed.Why?

Mikecyc

44,231 posts

Posted by Mikecyc > 2 months ago |

Post removed.Why?

Mikecyc

44,231 posts

Posted by Mikecyc > 2 months ago |

Post removed.Why?

Mikecyc

44,231 posts

Posted by Mikecyc > 2 months ago | Report Abuse

Haha During 2020 Netx is famous on Fund Raising but No business development..

Netx — Fintech ( mother ) — a HK stock ( Grandma) ..

Then share consolidation 25 into 1 , Today :

Share Price : RM 0.10

Divided by 25 = RM 0.004

NTA : 0.12

Nosh : 937 million

>>> still can do share consolidation…

MrHuangBK

1,097 posts

Posted by MrHuangBK > 2 months ago | Report Abuse

Now Miketikus finally understand Jaks = Next is famous for PP for fund raising

NOSH soon to be almost 3B and nothing to show

PP price gets cheaper every time.

Want to buy Jaks, wait after latest PP fix discounted price

Mikecyc

44,231 posts

Posted by Mikecyc > 2 months ago |

Post removed.Why?

Mikecyc

44,231 posts

Posted by Mikecyc > 2 months ago | Report Abuse

Haha as replied to Kon i3lurker earlier that Jaks will not do share consolidation as the NTA is RM 0.67 … not like those Stock with Huge Nosh but with Low NTA , eg : RM 0.15 etc ..

Mikecyc

44,231 posts

Posted by Mikecyc > 2 months ago |

Post removed.Why?

Mikecyc

44,231 posts

Posted by Mikecyc > 2 months ago | Report Abuse


Jaks non current asset


Refer QR ended March 2023 :


Non Current Assets :


PPE. 273,041,000


Investment Properties 594,321,000


Investment in Joint Venture. 829,105,000





Refer QR ended June 2023 :



Non Current Assets :


PPE. 278,626,000

Investment Properties 590,929,000

Investment in Joint Venture. 861,417,000


===


Note : Compared 2QR to 1QR >>


A) PPE : increased RM 5,585,000 👍


B) Investment Properties : Decreased RM 3,392,000 👍


C) Investment in Joint Venture. : Increased RM 32,312,000 👍

—-

Refer 3QR ended September 2023 :



Non Current Assets :


PPE. 299,238,000

Investment Properties 587,546,000

Investment in Joint Venture. 897,378,000

—-

Jaks

Refer 4QR ended December 2023 :



Non Current Assets :


PPE. 296,599,000

Investment Properties 584,206,000

Investment in Joint Venture. 904,495,000



——

2QR ended June 2023 :


Reserves . : 24,909,000


> Accumulated Profit : 343,661,000. ( 1QR 324,951,000 ) ( Audited as on December 2022 is RM 310,874 ,000 )

Gearing Ratio : 0.362X


>> Accumulated Profit on 3QR ended September 2023 : 350,327,000

》〉Accumulated Profit on 4QR ended December 2023 : 348,126,000

Deposit placed with licensed banks = 22,222,000

Cash and Bank balances = 41,929,000


Haha Jaks got 2 Cash Cow Projects with Commercial Operating Date : 



1) Vietnam Power Plant : January 2021 with 25 concession years tenure . 



2) Local Solar LSS4 Project : 21 August 2023 with 25 concession years tenure .


>>

Jaks

1.) Vietnam Power Plant Share of Profit n Dividends :


2020 : RM 3.8 million ( 1 Power Plant is COD on Nov 2020 )


2021 : RM 140.7 million ( The 2nd Power Plant is COD on January 2021 ) .


2022 : RM 156.2 million , Dividend RM 70.0 million


2023 : 1QR = RM 28.326 M , 2QR = RM 32.312 M , 3QR = RM 35.862 M , 4QR = RM 34.503 M plus Dividend RM 27.386 M

2023 : RM 131 million , Dividend RM 27.385 million


Total Share of Profit = RM 431.703 Million

Total Dividend = RM 97.386 Million

Grand Total = RM 529.089 Million

Jaks 30 % share in Vietnam Power Plant Joint Venture invested ard RM 600 Million.

Initially PayBack 8 to 9 years ..

Referring to the Grand Total , PayBack period is by 2024 .. ie : from 2021 to 2024 ~~ 4 years ..

按照购电协议,电力售价将随原料价格波动。意味着业务盈利贡献获得保证。Jaks管理层曾透露内部回酬IRR介于12%,PAYBACK PERIOD为8至9年



___

Jaks Annual Revenue and Net Profit / ( Loss ) :


1.) FYE2020 : RM 259.4 million with Loss ( RM 80.5 Million. )


2.) FYE2021 : RM 109.7 million with Net Profit RM 51.9 million.


3.) FYE 2022 : RM 89.8 million with Net Profit RM 53.5 million.


4.) FYE 2023 : 1st Half Revenue RM 17.47 million with Net Profit RM 33.19 million.


>>👉 1QR is Profit RM 14.08 million , 2QR is Profit RM 19.11 million , 3QR is Rm 7.15 million…4QR is Loss ( 24.8 million )

👉👉 Rm 37.787 million with Net Profit RM 15.527 million..

MrHuangBK

1,097 posts

Posted by MrHuangBK > 2 months ago | Report Abuse

Miketikus insist to post gibberish

Why Jaks PP for working capital ?

Mikecyc

44,231 posts

Posted by Mikecyc > 2 months ago |

Post removed.Why?

Mikecyc

44,231 posts

Posted by Mikecyc > 2 months ago | Report Abuse

Haha Why Jaks Non Current Assets is increased from 2019 to 2023 …

Mikecyc

44,231 posts

Posted by Mikecyc > 2 months ago | Report Abuse

Starting from Vietnam Power Plant Construction, Jaks is keep allocated Capital Expenditure by Quarterly , increased the Non Current Assets to strengthen the 👉👉👉Financial balance sheet ( as big projects will review capacity of the balance sheet ) , while maintaining a Minimum Current Ratio between 1.18 to 1.22 . As the 2 Cash Cow Projects is COD oredi with monthly Income for tenure 25 years .


Jaks

Investment in Joint Venture:

( & PPE )

QR ended

> March 2016 = 128,297,000

( PPE = 19,269,000 )

> March 2019 = 197,171,000

> March 2020 = 362,479,000

> March 2021 = 601,150,000

> March 2022 = 748,656,000

> March 2023 = 829,105,000

( PPE = 273,041,000 )

> September 2023 = 897,378,000

( PPE = 299,238,000 )


> December 2023 = 904,495,000

( PPE = 296,599,000 )


—-

👉
2QR ended June 2023 :


Reserves . : 24,909,000


> Accumulated Profit : 343,661,000. ( 1QR 324,951,000 ) ( Audited as on December 2022 is RM 310,874 ,000 )

Gearing Ratio : 0.362X


>> Accumulated Profit on 3QR ended September 2023 : 350,327,000

Gearing Ratio : 3QR ended September 2023 : 0.352 X

👉 >> Accumulated Profit on 4QR ended December 2023 : 348,126,009

Gearing Ratio : 4QR ended December 2023 : 0.350 X

Mikecyc

44,231 posts

Posted by Mikecyc > 2 months ago | Report Abuse

3.A) This year on 7/8/2023 : 


On Monday, the Energy Commission (EC) announced that a total 563.42MW under the CGPP were awarded to 22 solar power producers. 



👉 With reference to the above, the Company is pleased to enclose the press release in conjunction with the successful bid for a 29.99MW solar photovoltaic project under the Corporate Green Power Program by JAKS Solar Power Sdn Bhd, a wholly owned subsidiary of JAKS, together 👉👉👉with its consortium partners, Ann Joo Green Energy Sdn. Bhd. and Fabulous Sunview Sdn. Bhd. 
 

This announcement is dated 9 August 2023.

MrHuangBK

1,097 posts

Posted by MrHuangBK > 2 months ago | Report Abuse

Miketikus insist to post gibberish

Why Jaks PP for working capital in 2024 ?
Simple answer to all gibberish posted

Business failed until now. Not enough cash generated.

Felix1510

186 posts

Posted by Felix1510 > 2 months ago |

Post removed.Why?

Mikecyc

44,231 posts

Posted by Mikecyc > 2 months ago | Report Abuse

Haha LSS5 2000 MW which RFP starting from April to December 2024 ..award is scheduled by 1st Half 2025 .. each bidder can bid maximum Up to 500 MW …Project capital is estimated RM 1.8 Billion…

MrHuangBK

1,097 posts

Posted by MrHuangBK > 2 months ago | Report Abuse

What happened to coconut account?

Kena diao so hard, have to change ?

Don’t be silly… now it’s China AI I’m in.. u barking up wrong tree again? 😂

Posted by Felix1510 > 2 minutes ago | Report Abuse

AI bubble VS dot.com bubble. Auntie Huang today watch out your AI stocks 🤣🤣🤣🤣

https://www.investors.com/news/technology/nvidia-stock-cisco-dot-com-crash-economist-yardeni/

Felix1510

186 posts

Posted by Felix1510 > 2 months ago |

Post removed.Why?

MrHuangBK

1,097 posts

Posted by MrHuangBK > 2 months ago | Report Abuse

Hahah.. coconut oh coconut.

Tell me when China AI crash ya..

U really don’t even understand AI usage 😂

Mikecyc

44,231 posts

Posted by Mikecyc > 2 months ago |

Post removed.Why?

MrHuangBK

1,097 posts

Posted by MrHuangBK > 2 months ago | Report Abuse

Hahhaha Miketikus

Pls read up more on AI as a industry before posting gibberish here 😂

Your IQ can’t even handle simple Jaks pond business, now u think u can swim in the sea ?

😂😂😂

Huangbk72

4,834 posts

Posted by Huangbk72 > 2 months ago | Report Abuse

Miketikus

Today you will update TA ? 😂😂😂

m16454

214 posts

Posted by m16454 > 2 months ago | Report Abuse

Eventually SC wont approve the PP.

hltan88

51 posts

Posted by hltan88 > 2 months ago | Report Abuse

感觉这家公司有点可怕。

xiaoeh

2,425 posts

Posted by xiaoeh > 2 months ago | Report Abuse

Posted by hltan88 > 13 minutes ago | Report Abuse
感觉这家公司有点可怕。

如何可怕法?
能说说您的感受想法吗?

Mikecyc

44,231 posts

Posted by Mikecyc > 2 months ago |

Post removed.Why?

Huangbk72

4,834 posts

Posted by Huangbk72 > 2 months ago | Report Abuse

Hahahaha Miketikus

Are you serious? There is nothing similar Baidu and IQiyi vs Nvidia +TSMC.

Just because Capibara and Rat is a rodent, they are not the same. 😆😆😆

Your brain is fried?? 😂😂😂😂😂

The more you post.. the weirder it looks 😂😂😂

Posted by Mikecyc > 2 minutes ago | Report Abuse

Haha the Pokkai Tin Kosong Auntie Kon Huang blowing AI wow in Baidu .. why Price of Baidu and its own Iqiyi is Downtrend compared to Nvidia and TSMC ..

What a Tin Kosong Auntie Kon Huang ….🤣🤣🤣

Mikecyc

44,231 posts

Posted by Mikecyc > 2 months ago |

Post removed.Why?

Huangbk72

4,834 posts

Posted by Huangbk72 > 2 months ago | Report Abuse

Today I finally realized this fact

Miketikus really dont know what is he talking about 😂😂😂

Alamak.. must kolian the Orang Kurang Otak ( OKO)

Posted by UlarSawa > 2 minutes ago | Report Abuse

MikeTikus no brain one is understandable lah. IQiyi doing
apa business can used to
compare with nvidia and tsmc meh. Kesian. Haiyoh. Correct?

Mikecyc

44,231 posts

Posted by Mikecyc > 2 months ago |

Post removed.Why?

Huangbk72

4,834 posts

Posted by Huangbk72 > 2 months ago | Report Abuse

Hahahah Miketikus cannot understand English??

IQiyi is using Baidu AI " Ernie Bot". Ernie Bot is a service AI

IQiyi is paying for AI services to Baidu. Baidu makes money. Using AI services makes IQiyi a AI provider?? If Roti Canai seller uses AI for delivering food, they are AI company?? 😁😁

IQiyi is leading provider of online entertainment in China = Disney+ or Netflix service.

Now breaking up explanation for a 5 year old..

U understand 😆😆😆😆

hltan88

51 posts

Posted by hltan88 > 2 months ago | Report Abuse

怎麽一直PP的呢?唉

m16454

214 posts

Posted by m16454 > 2 months ago | Report Abuse

Dunno why this counter got many ppl like to talk cock which is not related to jaks... so funny

Posted by Balian de Ibelin > 2 months ago | Report Abuse

Congratulations to pariah MikeCheatYouCrazy, 👍😁
Bot 0.19, now 0.155, pariah purchase 👍😁

Keep up the pariah work !!!


MrFox


Mikecyc#
Bot 0.19, now 0.155
Congrats!!!!
haha

24 minutes ago

MrFox

1,166 posts

Posted by MrFox > 2 months ago | Report Abuse

oh sorry!
MikeTikus shorted at 0.19 and now 0.155!!
Congrats!!!!
haha

Posted by Balian de Ibelin > 2 months ago | Report Abuse

Pariah Congratulations!!
Fantastic Pariah Short!!
The Hero Pariah Helper Rescuer of pariah Jaks.
awarded Order of Pariah Helper 3rd Class with bar.
Pariah MikeCheatYouCrazy pariah shorted at 0.19 and now pariah 0.155!!
Congrats!!!!
Kesian
Haiyoh
Correct?


MrFox

oh sorry!
MikeTikus shorted at 0.19 and now 0.155!!
Congrats!!!!
haha

Huangbk72

4,834 posts

Posted by Huangbk72 > 2 months ago | Report Abuse

Please be gentle to OKO Miketikus

Only half a brain.. can only give half past six FA and TA

Can even equate Nvidia = IQiyi

😂😂😂😂😂😂

Mikecyc

44,231 posts

Posted by Mikecyc > 2 months ago |

Post removed.Why?

Huangbk72

4,834 posts

Posted by Huangbk72 > 2 months ago | Report Abuse

Another week passed and Jaks still 15/16c..

My TP still standing strong while Miketikus still trying to find his TP 😂😂😂😂

FA and TA expert konon-nya🤣🤣🤣🤣🤣

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