JAKS RESOURCES BERHAD
KLSE (MYR): JAKS (4723)
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Last Price
0.14
Today's Change
0.00 (0.00%)
Day's Change
0.135 - 0.14
Trading Volume
8,411,200
Corporate Figure or Shareholder
| Name | Role |
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Discussions
39 people like this. Showing 50 of 63,821 comments
Bingo again..
PP confirmed 12c
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3445036
Posted by Huangbk72 > 5 days ago | Report Abuse
My guess 12/12.5
Posted by xiaoeh > 5 minutes ago | Report Abuse
Mr Huang
what is ur guess to the new PP price?
3 days ago
Posted by Sslee > 2 minutes ago | Report Abuse
Anyone need any help from Insas CEO to subscribe for Jaks PP at 12 sen?
SSLee sifu
will u lose confident to Insas CEO if he subscribes for Jaks PP?
3 days ago
Some dumbass hold his jaks at 19 sen tight tight. Sharks get their PP jaks shares at 12 sen and insiders get the LTIP jaks shares for free.
3 days ago
Since M&A is the PP advisor hence M&A is reponsible to place out all the PP jaks share to whoever have the money to take up the PP share at 12 sen. It is all a business deal, nothing more nothing less
3 days ago
The dumbass is the one use his pasar malam TA tool to tell his TA story that jaks 19 sen is at point 1 (the floor) and the only way for jaks is up up away.
No prizes for guessing who is this dumbass.
3 days ago
Hoho not like the Dumb Dumbass Konartist whom Only Win / Only Profit since Investing from 2016 to 2023 is Telling Lies …
Dumb Dumb hold Xingquin until delisted on 2019 even knew is in Account Fraud .
After Lee dumb dumb hold Bplant did not sell at RM 1.20 n above , suddenly dumb dumb sold at ard RM 0.67 with Cost ard RM 0.67 ( holding since 2017 ) . The price is rebounded from RM 0.64 to RM 1.01 within 11 Days .
Lee must be amm dui liaw , became a Negative commentator in Bplant forum , saying Shl be dropped to RM 0.60 , what a joker le or sot2 le , hahahaha.
More Amm dui lee as Last Price is RM 1.57 before Privatisation delisted….
Hoho , what a Dumb Dumbass Lee … hohoho really laugh live me lo …
Posted by Sslee > 3 hours ago | Report Abuse
The dumbass is the one use his pasar malam TA tool to tell his TA story that jaks 19 sen is at point 1 (the floor) and the only way for jaks is up up away.
No prizes for guessing who is this dumbass.
3 days ago
Hoho no worries on Jaks , as posted earlier let’s see coming QR by this month..
Hoho invested in Jaks since July 2023 with calculated Risk .. not like the Dumbass Konartist whom Stucked High since 2017 lo .. hohoho
3 days ago
Hoho why I am no worries on Jaks .. as referred to Zelan with Calculated Risk ( together with Mother MMC ) made Profit between 100 % to 200 % within 2 years .. 2020 to 2021 during MMC privatisation news .
Konartist Leee you posted Thanks me on highlighted MMC in Insas that you gain Profit RM 180,000 … is a Lies also ke ???
3 days ago
Posted by Johnchew5 > 1 day ago | Report Abuse
Hoho Lee ask you the Question again .. You don’t feel Malu ke nowadays when you Telling Lies ? Hohoho
3 days ago
because :
1. PP subscriber all dispose. they bought at 12, 12.5 cents
2. no operator interested to push up this counter
3. lousy and incompetent company management, they dont bother about stock price
2 days ago
but sometime weakness moment is the best opportunity to collect at low. No idea they want to dispose until when.
2 days ago
Only for those who have earlier followed my strategy "sell now buy back later" and sold at 0.19-0.20, I wish to inform that I m buying back now.
2 days ago
I do somewhow think the same, its a bargain now. Those who keep cutting loss at lowest now will be regretful just like what happened in reneuco (current price 100% gain from lowest 2 months ago, warrant 200%)
1 day ago
Hi, Just88, I know you are very close to DK. May I ask whether DK is also buying Jaks now ?
1 day ago
Alibone, I gave my detailed analysis to DK for comment. He agreed that the negativity of the cash flow deficit is alleviated substantially when the RM200m syndicated loan is excluded. However, he is still concerned with the collectivity of the receivables given the significant write offs in the prior years. Nevertheless, he agrees that the risk reward is attractive now and he is considering subscribing for the private placements.
1 day ago
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
307,553 33,000
Know how much interest and pricipal repayment per year for above 3 loans alone?
Is the yearly dividend from JHDP able to cover yearly interest and principal repayment?
Many more years of negative cashflow and need more PP or RI to stay afloat.
1 day ago
Prior to the release of 2023 annual report, it was not known to me that there is a RM200m loan included in the total borrowings of RM500m. I was doing a cash flow projection of Jaks for the next 6 years before the JHDP loans are fully repaid. The future cash flow deficits are projected to be very severe and hence expectation of numerous PP and RI to deal with the cash deficits. If the syndicated loan is excluded from the cash flow projection, the severity of negative cash flow is substantially reduced.
1 day ago
Posted by Just88 > 35 minutes ago | Report Abuse
Prior to the release of 2023 annual report, it was not known to me that there is a RM200m loan included in the total borrowings of RM500m. I was doing a cash flow projection of Jaks for the next 6 years before the JHDP loans are fully repaid. The future cash flow deficits are projected to be very severe and hence expectation of numerous PP and RI to deal with the cash deficits.
"If the syndicated loan is excluded from the cash flow projection, the severity of negative cash flow is substantially reduced".
can the syndicated loan to be excluded Just88?
1 day ago
xiaoeh, the syndicated loan is for the solar project of which the bankers must have assurances that the cash flows generated from the solar project are certain to be able to service its loan. Therefore, the syndicated loan should not be a concern to Jaks especially when we are trying to determine the severity of Jaks' near term future cash flow deficits.
1 day ago
LSS4 electricity rate is so low. Last 2 quarter LSS4 is still lose making. It mean after paying the loan interest the depreciation charge is not enough to pay the loan principal.
1 day ago
Depreciation charge is a non cash flow item which does not involve cash payment. LSS4 is making losses due to depreciation charges but net cash flow should be positive and able to pay the loan principal.
1 day ago
Depreciation is a bigger amount as it is based on the entire cost of the solar project while loan repayment is based on the loan taken which may be on 60 -70% financing. In any case, the Bankers always play safe.
1 day ago
Know why JHDP 25% equity 75% loan reported very good profit but can't pay good dividend.
Bankers play safe wants their money back with interest in 10 years and you can have your plant for 25 years.
Or maybe China Partner depressed Jaks of money to take up the addition 10% option.
1 day ago
Jaks will be look like a fool if they spend more money or taking up more borrowing for new Project/MOU when they did not take up the addition 10% JHDP that gave Jaks so much share of profit.
23 hours ago
Investment in Joint Ventures (“JV”) (Cont’d)
(b) Summarised adjusted statements of profit or loss and other comprehensive income
2023: 2022
RM: RM
Adjusted profit for the financial year,representing total comprehensive
income for the financial year 436,865,607: 520,633,162
Included in total comprehensive income are:
Revenue 2,615,472,587: 2,553,073,558
Amortisation/Depreciation (327,852,531): (317,750,163)
Interest income 3,176,777: 3,493,288
Interest expense (469,976,824): (265,209,747)
Taxation (6,504) (17,199)
Is JHDP free cash flow enough to pay borrowing principal?
Note: interest payment is RM 469,976,824 and as 31/12/2023 current borrowing is RM 711,609,518 and non current borrowing RM 3,972,787,018
Can JHDP afford to pay dividend for year 2024?
Have a second look at jaks only after year 2030.
23 hours ago
Hoho repost from Capital a :
Posted by Johnchew5 > 10 minutes ago | Report Abuse
Hoho Slee are you still taking the wrong medicine since a year ago .. until limit down stress depressed syndrome.. too lonely working in Transit Indonesia at 64 ?? Hohoho …
Johnchew5
10,248 posts
Posted by Johnchew5 > 6 minutes ago | Report Abuse
Hoho , Slee said will asked Insas to include Remisier Commission wording in Other Operations Expenses… Any reply ? Still taking the Wrong medicine ke at early morning ?? Hohoho….
23 hours ago
Hoho , Slee stucked in Jaks on 2017 … and posted on 2023 :
13/04/2023
Stock: [INSAS]: INSAS BHD
week ago | Report Abuse
Windy1974 sold his CapitalA on 13/4/2023 morning at 80.5 cents for some trading gain. He will trade again when opportunity arise. 👉Me sold some of my jaks at 22 cents for some trading gain too.
By next week most likely CapitalA will drop below 70 cents and someone will look at book lose instead of book gain.
Hoho … 2017 to 2023 is 6 years .. 2024 to 2030 is 6 years also le .. he must be followed the One Man Fund Manager loss …. also in Xinquin until delisted on 2019 … hohoho
22 hours ago
Hoho Windy1974 suddenly appeared in Insas and recommended a speculative stock chasing High … the Next Day is Burned …
22 hours ago
who got stuck on Jaks with the current pathetic share price of 13 ? .By the end of this year , it is expected to become a penny stock
22 hours ago
No matter how cheap the PP price would be, no one is interested to subscribe for it . The PP exercise is destined to be doomed
22 hours ago
No matter how their QR is reflected , it doesnt change the perception of the investors towards this hopeless counter.
21 hours ago
Have a second look at jaks only after year 2030.
SAD! Can only buy after year 2030.
haha
10 hours ago
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Hoho Lee ❤️ Huangbk72 joined yr Paid Macai 🐍sawa in Top Glove on 2024 to Promote HK n US stock … after Promoted in Insas on 2023 … just a bunch of shameless Kon …
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