JAKS RESOURCES BERHAD

KLSE (MYR): JAKS (4723)

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Last Price

0.135

Today's Change

0.00 (0.00%)

Day's Change

0.13 - 0.14

Trading Volume

15,201,500


39 people like this.

63,792 comment(s). Last comment by Just88 3 days ago

Mikecyc

44,231 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha this one must be taken the famous Swing Swing Swing medicine M16454 .....🤣🤣😅



Stock: [JAKS]: JAKS RESOURCES BERHAD
1 week ago | Report Abuse


tmr will drop back .



Stock: [JAKS]: JAKS RESOURCES BERHAD
1 week ago | Report Abuse


tmr limit upppppppp



tock: [JAKS]: JAKS RESOURCES BERHAD
2023-07-21 11:58 | Report Abuse


haha u seee.... dropping.... small fish is struggling again.


Stock: [JAKS]: JAKS RESOURCES BERHAD
2023-07-21 10:55 | Report Abuse


good luck everyone....... when share is in big volume, it is for the banker to attract small fish to help them to clear stock... hahaha



Stock: [JAKS]: JAKS RESOURCES BERHAD
2023-07-19 10:04 | Report Abuse


luckily i bought 1m units last Friday. GoGOGO

Huangbk72

4,816 posts

Posted by Huangbk72 > 1 month ago | Report Abuse

Miketikus finally understand what you posted? 😂😂😂

No point you shoot anyone that talks bad about Jaks.. Jaks is bad.. Learn to admit your failure

If you cannot understand my below workings.. Let me know ya.. Im helpful

Been 3 days and Miketikus still unable to answer why he posted EPS 0.66 and PE 23.66

Enough tormenting the RAT and time to unravel the mystery.

EPS 0.66 is what Miketikus copied from whatever website. Its wrong. The figure was wrongly calculated as below:

Equity attributable to owners of the Company : 1,478,643
Weighted average number of Shares in issue : 2,225,267
1,478,643/2,225,267 = 0.66

If used EPS 0.66 to calculate PE, then its 0.15/0.66
= PE 0.22
This is clearly not correct EPS calculation

So Miketikus.. pls get your brain from the toilet.. Dont simply trust what you see.. Have to calculate yourself 🤣🤣🤣

m16454

214 posts

Posted by m16454 > 1 month ago | Report Abuse

this mikecyc must be taking tongkat ali. so sok and funny hahahah

MrFox

1,079 posts

Posted by MrFox > 1 month ago | Report Abuse

osted by m16454 > 1 minute ago | Report Abuse

this mikecyc must be taking tongkat ali. so sok and funny hahahah


the reason- his loss in jaks caused him to become 0 SENse!!!
haha

Mikecyc

44,231 posts

Posted by Mikecyc > 1 month ago |

Post removed.Why?

Mikecyc

44,231 posts

Posted by Mikecyc > 1 month ago |

Post removed.Why?

Mikecyc

44,231 posts

Posted by Mikecyc > 1 month ago |

Post removed.Why?

m16454

214 posts

Posted by m16454 > 1 month ago | Report Abuse

everyone lets see the above sozzzaiii coming.. he looks very high after taking tongkat ali again.

Huangbk72

4,816 posts

Posted by Huangbk72 > 1 month ago | Report Abuse

When you see someone messes up even NOSH, EPS and PE and promote Jaks

U better run far far away..

Similar situation : When you see a madtikus on the street.. make a big detour

😆😆😆😆😆

Pitiful.. Lost money till went mad

Mikecyc

44,231 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha Good as Bursa Securities required Additional Information on the Latest Private Placement…. Recalled before ard 2003 , those companies apply to be Listed , the Boss need to Provide Profit Guarantee with written Amount….A lot of Bosses being hit during 1998…

And During Pandemic on 2020 … Bursa Securities had loosen certain fund raising exercise requirements….

——

Unless otherwise defined, the definitions set out in the announcement dated 1 March 2024 (“Announcement”) and in the additional announcement dated 14 March 2024 (“Additional Announcement”) shall apply herein.



Further to the Announcement and the Additional Announcement in relation to the Proposed Private Placement, M & A Securities, on behalf of the Board wishes to announce additional information as required by Bursa Securities.



This announcement is dated 20 March 2024.

Huangbk72

4,816 posts

Posted by Huangbk72 > 1 month ago | Report Abuse

To summarize Fund Raising activities of Jaks.

Private Placement 2019 2.1 40,926
Rights Issue of Shares with Warrants-C 2.2 237,622
Private Placement 2021 2.3 129,517
Private Placement 2022 2.4 38,272
Exercised Warrants-B and Warrants-C 2.5 14,778
Total 461,115

Scary right? With new upcoming PP, Total will exceed RM500M

Scary because nothing to show

EPS actually looks more like 0 (actual 0.0066)
Cash flow is bad - FCF ( 124M)
Revenue Downtrend pattern
Dividend Downtrend pattern

When a company doing PP to pay for utilities, salary, working capital and repay business creditors perpetually, be very careful.

PP value cheaper each time.

Sslee

4,896 posts

Posted by Sslee > 1 month ago | Report Abuse

So next year or year after next can jaks generate enough cash flow for interest and repayment of outstanding loan amount RM 307,553,000?

(i) As per the Announcement, the Group has earmarked up to RM33.00 million of the proceeds from the Proposed Private Placement for the partial repayment of its existing facility, in the manner set out below:
Facility Bank Purpose of borrowing
Interest rate (% per annum)
Principal amount(RM’000)
Tenure
Total amount outstanding as at LPD(RM’000)
Proposed repayment(RM’000)
Term loan Great Eastern Term loan provided to part finance the development cost of a 4-storey
shopping mall known as Evolve Concept Mall
6.0 250,000 10 years 211,418 13,000

Term loan Maybank Term loan provided to part finance the acquisition of a 4-storey commercial property known as Pacific Towers
7.4 100,000 10 years 73,635 10,000

Letter of credit / Trade financingAl-Rajhi Banking & Investment Corporate (Malaysia) Berhad
To facilitate and finance local purchase/ importation of raw materials/ trading goods relating to
Company’s principal line of business
6.5 40,000 N/A 22,500 10,000

Total 307,553 33,000

Mikecyc

44,231 posts

Posted by Mikecyc > 1 month ago |

Post removed.Why?

Mikecyc

44,231 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha Jaks Gearing Ratio as at December 2023 = 0.35 X..

Mikecyc

44,231 posts

Posted by Mikecyc > 1 month ago |

Post removed.Why?

Mikecyc

44,231 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha due to Microlink is associate company of Omesti.. Omesti is associate company of Insas ke …

Mikecyc

44,231 posts

Posted by Mikecyc > 1 month ago |

Post removed.Why?

Sslee

4,896 posts

Posted by Sslee > 1 month ago | Report Abuse

Know how RPS work?

9008PB OMESTI-PB 27,500 0.8068 0.8250 22,187.00 22,687.50 500.50 2.26

Sslee

4,896 posts

Posted by Sslee > 1 month ago | Report Abuse

Omesti-PB
Search:
Ann. Date
Ex Date
Type
Subject
Amount
29-Nov-2023 13-Dec-2023 DIVIDEND Others 2.5068%
31-May-2023 15-Jun-2023 DIVIDEND Others 2.4795%
30-Nov-2022 14-Dec-2022 DIVIDEND Others 2.5205%
31-May-2022 14-Jun-2022 DIVIDEND Others 2.4795%
01-Dec-2021 14-Dec-2021 DIVIDEND Others 2.5205%
31-May-2021 15-Jun-2021 DIVIDEND Others 5.0000%

Sslee

4,896 posts

Posted by Sslee > 1 month ago | Report Abuse

By the way omesti is just one of the many Insas' Financial assets at fair value through profit or loss and as at 31/12/2023 mark to market value of RM 231,352,000

MrHuangBK

1,065 posts

Posted by MrHuangBK > 1 month ago | Report Abuse

Time for another class for Miketikus in understanding what he posted. He never go to school

Miketikus talks about good gearing ratio of Jaks. He only talk about husband, he forgot to talk about wife.

Miketikus need to look and talk about ROE (the wife). ROE + Gearing ratio must be looked into together as both related to equity.

Jaks ROE is less than FD rate. This rate shows, better Jaks close down business and put money in FD 😂

See Miketikus.. I’m helpful

Posted by Mikecyc > 32 minutes ago | Report Abuse

Haha Jaks Gearing Ratio as at December 2023 = 0.35 X..

Sslee

4,896 posts

Posted by Sslee > 1 month ago | Report Abuse

Come back to jaks:
My question:
As per the Announcement, the Group has earmarked up to RM33.00 million of the proceeds from the Proposed Private Placement for the partial repayment of its existing facility.

So next year or year after next can jaks generate enough cash flow for interest and repayment of outstanding loan amount RM 307,553,000?

Sslee

4,896 posts

Posted by Sslee > 1 month ago | Report Abuse

Facility Bank Purpose of borrowing
Interest rate (% per annum)
Principal amount(RM’000)
Tenure
Total amount outstanding as at LPD(RM’000)
Proposed repayment(RM’000)
Term loan Great Eastern Term loan provided to part finance the development cost of a 4-storey
shopping mall known as Evolve Concept Mall
6.0 250,000 10 years 211,418 13,000

A RM 250,000,000 10 year term loan for evolve mallp and current outstanding RM 211,418,000 is this mean jaks did not pay the principal sum as schedule?

Sslee

4,896 posts

Posted by Sslee > 1 month ago | Report Abuse

Insas 6 months end 31/12/2023
RM '000
Interest received 19,883
Dividend received 26,877

Jaks 12 months end 31/12/2023
RM'000
Interest expense 28,508
Dividend received from Joint Venture company 27,386

So jaks dividend received from JHDP cannot even pay the interest payment to banks how on earth jaks going to pay the pricipal sum?

Posted by Silentreader88 > 1 month ago | Report Abuse

Ekovest already up a lot and overbought. this slow JAKS never move up

MrFox

1,079 posts

Posted by MrFox > 1 month ago | Report Abuse

Silentreader88

Ekovest already up a lot and overbought. this slow JAKS never move up

4 hours ago

MikeTikus backside so heavy! how to move!!!!!
haha

xiaoeh

2,265 posts

Posted by xiaoeh > 1 month ago | Report Abuse

Guessing before next few round of pp
Jaks may do share consolidation say 20 to 1 or even 30 to 1 to jack up the price first
This is to attract newbies with the higher share price....

Keyword: guessing

MrFox

1,079 posts

Posted by MrFox > 1 month ago | Report Abuse

MikeTikus backside so heavy! ..full of oops !!!! smelli
hahaha

m16454

214 posts

Posted by m16454 > 1 month ago | Report Abuse

Jaks please go down to 0.10 and pp and consolidate. plz

MrFox

1,079 posts

Posted by MrFox > 1 month ago | Report Abuse

u mean 👎?

MrHuangBK

1,065 posts

Posted by MrHuangBK > 1 month ago | Report Abuse

Miketikus excel at “Reverse Promoting”

Gostan mode 🤣🤣

Wau wau.. Jaks equity funding will hit close to 500m since 2019 and nothing to show.

Jaks Better keep money in FD 😂

Mikecyc

44,231 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha Gaipo Actor Xiaoeh still acting le … 

Stucked in Jaks wow at RM 0.36 , Did not study the Fundamentals wow .. But So So Free Gaipo Acting going ard with Kon Gang … Beware ..


xiaoeh 
xiaoeh | Joined since 2020-05-07 


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Mikecyc

44,231 posts

Posted by Mikecyc > 1 month ago |

Post removed.Why?

Mikecyc

44,231 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha Repost from Insas :


Posted by Mikecyc > 10 minutes ago | Report Abuse

Haha no worries on Jaks :

👉 YTLpower price had been press down since 2013 until Below RM 1.00 on 2022 …

Starting March 2013 is Uptrend…RM 1.10 by May 2023 …

52w 0.830 - 4.240

NTA 2.26

PE : 8.98

Nosh 8.159 Billion shares

Taken 52W Low , 0.830 >>
Margin of Safety = 172 %

YTLpower Gearing Ratio is more than 1.00X as borrowed to finance the Projects ..

So far CAGR is Increasing:

3Y +215.2% TTM + 176 %
5Y. +25.5% TTM. +43.5%



>>>

👉👉Jaks price had been press down on 2018 n on 2021 until RM 0.155 …on 2024..

52w 0.145 - 0.245

NTA 0.67

👉 PE : 23.66
( If based on FY22 ended December 2022 .. PE = 6.86 )

Nosh 2.370 Billion shares

>> Taken current Price 0.155 >>
Margin of Safety = 332 %

Jaks Gearing Ratio is 0.350X as issued 2 times RI n 5 times PP to finance the Projects ..esp :

1.) Vietnam Power Plant ( USD 1.87 billion ~ RM 8.0 Billion) … COD on January 2021…

2.) LSS4 50MW Project ( RM 240 million)..
COD on 21 August 2023 …


👉👉👉 Remark : the 1st RI issued in Warrant B RM 0.25 on 2018 with EX price RM 0.64 , is changed to Ex price RM 0.34 on 2022 ..Purpose is to Prevent Take Over on 2017 / 2018 ..

> Most Warrant B is not Converted … A Disaster to both end even Jaks insiders n minorities shareholders..

>> Warrant B is Expired on December 2023 ..

So far CAGR is Improving:

3Y -21 % TTM + 29.9 %
5Y. -15.8 % TTM. + 0.5 %



👉👉👉Good News is Warrant B is Expired on December 2023 …. Forseen Jaks will be trending Up in Year 2024 … esp also cleared the Star Media Legal Suit since June 2019 ..
🤩🤩🤩👉 On 7/3/2024 , Jaks won the Legal Trial from Federal Court on Star Media appeal on Court of Appeal judgment which is favour to Jaks ….Now Jaks can counter Claims Star Media on over Total RM 540 Million .

Sslee

4,896 posts

Posted by Sslee > 1 month ago | Report Abuse

Repost from Insas forum:
Posted by Sslee > Mar 22, 2024 8:52 AM | Report Abuse X
Only someone lost naked in jaks and lost his mind will implied jaks is ytlpower

Mikecyc

44,231 posts

Posted by Mikecyc > 1 month ago |

Post removed.Why?

Mikecyc

44,231 posts

Posted by Mikecyc > 1 month ago |

Post removed.Why?

Sslee

4,896 posts

Posted by Sslee > 1 month ago | Report Abuse

Is someone already mad?

Repost from insas forum:
Sslee So far CAGR is Improving:

3Y -21 % TTM + 29.9 %
5Y. -15.8 % TTM. + 0.5 %

A 3 years CAGR of negative 21% and
5 years CAGR of negative 15.8% is called improving?????
22/03/2024 9:01 AM

Mikecyc

44,231 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha YTLpower price is Keep pressing Down since 2013 .. Finally bear Fruit (as borrowed Money to finance Projects, Gearing Ratio is more than 1.0 ..) on 2023 …

Mikecyc

44,231 posts

Posted by Mikecyc > 1 month ago |

Post removed.Why?

Sslee

4,896 posts

Posted by Sslee > 1 month ago | Report Abuse

Confirm someone already lost his mind.
Ytlpower all this while is a profitable company and able to pay its borrowing.

Jaks need PP to pay borrowing and no financial institutions want to lend any money to jaks for the addition 10% equity in JHDP.

MrFox

1,079 posts

Posted by MrFox > 1 month ago | Report Abuse

soon Miketikus will become 0 SENse! kesian!

MrHuangBK

1,065 posts

Posted by MrHuangBK > 1 month ago | Report Abuse

Miketikus step into another landmine today

He not content making it wrong about EPS, PE and EPS

CAGR also make mistake

NO ONE USES Trailing twelve months for CAGR.

CAGR only works above 1 Year

Sslee

4,896 posts

Posted by Sslee > 1 month ago | Report Abuse

Did someone know a negative CAGR mean?

Mikecyc

44,231 posts

Posted by Mikecyc > 1 month ago | Report Abuse

19/3/2024 10.00am

Finally both Line are in Neutral , No more in Oversold level :

RSI(14) Neutral 38.0
Stochastic(14) Neutral 22.2


20/3/2024 9.40 am

RSI(14) Neutral 38.4
Stochastic(14) Neutral 25.0

21/3/2024. 9.57 am

RSI(14) Neutral 38.9
Stochastic(14) Neutral 40.0


22/3/2024 9.28 am

RSI(14) Neutral 38.9
Stochastic(14) Neutral 66.7

Mikecyc

44,231 posts

Posted by Mikecyc > 1 month ago |

Post removed.Why?

Mikecyc

44,231 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha Expecting MACD momentum today .. Fast Line Shl be Divergent Up cross Slow Line … although both Lines still below water level …

MrHuangBK

1,065 posts

Posted by MrHuangBK > 1 month ago | Report Abuse

Hahahah Miketikus

U don’t know EPS, PE and Nosh

So cannot expect you to understand CAGR 🤣🤣🤣

xiaoeh

2,265 posts

Posted by xiaoeh > 1 month ago | Report Abuse

Posted by Sslee > 19 minutes ago | Report Abuse
Did someone know a negative CAGR mean?

Morning Sslee sifu
my own layman understanding of CAGR is following:
CAGR is calculated to reflect standard percentage +ve growth or -ve growth to each year
but there is a the weakness of CAGR
e.g. neglected certain super outstanding +ve /-ve growth year
hence -ve CARG to me doesn't really giving true meaning

Please correct me if my understanding wrongly
just want to learn more

Sslee

4,896 posts

Posted by Sslee > 1 month ago | Report Abuse

Just a getle reminder.
If jaks failed to repay bank borrowing a default mean banks will immediately recall all the loans and jaks will go bankrupt.

(i) As per the Announcement, the Group has earmarked up to RM33.00 million of the proceeds from the Proposed Private Placement for the partial repayment of its existing facility, in the manner set out below:
Facility Bank Purpose of borrowing
Interest rate (% per annum)
Principal amount(RM’000)
Tenure
Total amount outstanding as at LPD(RM’000)
Proposed repayment(RM’000)
Term loan Great Eastern Term loan provided to part finance the development cost of a 4-storey
shopping mall known as Evolve Concept Mall
6.0 250,000 10 years 211,418 13,000

Term loan Maybank Term loan provided to part finance the acquisition of a 4-storey commercial property known as Pacific Towers
7.4 100,000 10 years 73,635 10,000

Letter of credit / Trade financingAl-Rajhi Banking & Investment Corporate (Malaysia) Berhad
To facilitate and finance local purchase/ importation of raw materials/ trading goods relating to
Company’s principal line of business
6.5 40,000 N/A 22,500 10,000

Total 307,553 33,000

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