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0.61   -0.005 (0.81%)  0.61 - 0.62  5,918,700
50,522 comment(s). Last comment by kc5305 at May 12, 2021 4:57 PM
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Bruce_Lee
183 posts

Posted by Bruce_Lee > Nov 12, 2014 7:32 PM | Report Abuse

Still not too late. Im holding jaks until .90


getrich
645 posts

Posted by getrich > Nov 13, 2014 10:18 AM | Report Abuse

I think it will still be volatile for the coming days.. shall see how it goes


sheep
3634 posts

Posted by sheep > Nov 13, 2014 2:18 PM | Report Abuse

went up liow...you buy you die..
inv888 said:

inv8888: Reference is made to the announcement dated 1 April 2014 whereby the Ministry of Industry and Trade of the Socialist Republic of Vietnam (“MOIT”) had vide its letter dated 26 March 2014 agreed to extend the required date for completion of the preconditions of the Project (including to achieve financial close) to 31 October 2014.
10/11/2014 15:51

inv8888: If this MOIT doesn't approve the extension, write off may amount to >MYR100mil. So far no announcement after the expiry date of 31 Oct 2014.
10/11/2014 15:54

inv8888: The estimated cost for the plant was US$2.25 billion with 80% of financing to be sourced through loans and the other 20% by equity. It was reported that as of Mar 31, 2013, JRB had invested about US$31 million in the project. For full article from the Sun Daily refer to: http://www.thesundaily.my/news/1004604
10/11/2014 16:03


sheep
3634 posts

Posted by sheep > Nov 13, 2014 2:20 PM | Report Abuse

result should be out next week...might plunge! like last monday.
buy below 0.45


getrich
645 posts

Posted by getrich > Nov 13, 2014 2:43 PM | Report Abuse

looks like it going to slide down ... last 2 days movement is just to trap us. Guess i shall let go


getrich
645 posts

Posted by getrich > Nov 13, 2014 2:45 PM | Report Abuse

after 59.. there is totally no support...scary


getrich
645 posts

Posted by getrich > Nov 13, 2014 2:57 PM | Report Abuse

gosh...here it comes.. free fall


sheep
3634 posts

Posted by sheep > Nov 13, 2014 5:04 PM | Report Abuse

T+3 tomorrow,,,,,, sell on strength


十 强
5194 posts

Posted by 十 强 > Nov 13, 2014 6:32 PM | Report Abuse

i have to hold it for longer term then


Ameera
2913 posts

Posted by Ameera > Nov 13, 2014 8:06 PM | Report Abuse

Hemmmm....again down trend...:(:(


misterzikk
547 posts

Posted by misterzikk > Nov 19, 2014 6:39 PM | Report Abuse

Time to re-huat


bracoli
2579 posts

Posted by bracoli > Nov 20, 2014 11:33 AM | Report Abuse

plz drop to 545


secret90
122 posts

Posted by secret90 > Nov 20, 2014 6:52 PM | Report Abuse

When will this counter move?


Explode
1172 posts

Posted by Explode > Nov 25, 2014 10:00 AM | Report Abuse

move tp 0.7


aiman168
799 posts

Posted by aiman168 > Nov 25, 2014 10:17 AM | Report Abuse

go go jaks


Ameera
2913 posts

Posted by Ameera > Nov 25, 2014 1:42 PM | Report Abuse

Finally moves... Hopefully not one day show leh...


Bruce_Lee
183 posts

Posted by Bruce_Lee > Nov 25, 2014 4:29 PM | Report Abuse

going up!!!! Good news!


Ameera
2913 posts

Posted by Ameera > Nov 25, 2014 5:59 PM | Report Abuse

@BruceLee, what's the good news? TQ


deepmarine
464 posts

Posted by deepmarine > Nov 28, 2014 7:35 PM | Report Abuse

go up go up go up


Ameera
2913 posts

Posted by Ameera > Nov 29, 2014 9:43 AM | Report Abuse

Seems one day show and back to 0.55 level...:(


fhis
1164 posts

Posted by fhis > Dec 2, 2014 4:56 PM | Report Abuse

buy in some jaks...time for rebound..results is good but just released at a wrong timing...


fhis
1164 posts

Posted by fhis > Dec 2, 2014 4:56 PM | Report Abuse

hopefully will be jaks time tomorrow


zaiabas
63 posts

Posted by zaiabas > Dec 4, 2014 7:49 PM | Report Abuse

Accumulating


b0901133
7 posts

Posted by b0901133 > Dec 8, 2014 6:09 PM | Report Abuse

semua diam diam...


sheep
3634 posts

Posted by sheep > Dec 8, 2014 7:03 PM | Report Abuse

zzzzzzzzzzzzzzzzzzzzzzzzzzzzz


Ameera
2913 posts

Posted by Ameera > Dec 8, 2014 7:51 PM | Report Abuse

No more energy to comments oledy......


Sebastian Power
3373 posts

Posted by Sebastian Power > Dec 9, 2014 4:43 PM | Report Abuse

why drop so much today?Anything bad news


Ameera
2913 posts

Posted by Ameera > Dec 9, 2014 5:21 PM | Report Abuse

Wonder if tomorrow will drop to 0.40 not?


beckbrooklyn
1 post

Posted by beckbrooklyn > Dec 9, 2014 11:24 PM | Report Abuse

the vietnam project delay any affect?the board no share buy back like salcon.thinking to sell it and buy salcon


sheep
3634 posts

Posted by sheep > Dec 10, 2014 12:57 AM | Report Abuse

Zxzzzzzzzzzx. Waiting to buy at 0.35. Sure can.


beeair2013
172 posts

Posted by beeair2013 > Dec 10, 2014 2:47 PM | Report Abuse

I shall sell all O & G stocks to buy water related stocks like this one....


Ameera
2913 posts

Posted by Ameera > Dec 10, 2014 7:03 PM | Report Abuse

@beeair2014, my opinion it's too low to sell now and why not u hold your O&G and invest... As for this counter, at low and good buy now. 2cents opinion... Cheers!


deepmarine
464 posts

Posted by deepmarine > Dec 11, 2014 8:20 PM | Report Abuse

Agree with ameera


zaiabas
63 posts

Posted by zaiabas > Dec 12, 2014 7:31 PM | Report Abuse

Big brother accumulating


deepmarine
464 posts

Posted by deepmarine > Dec 16, 2014 2:57 PM | Report Abuse

Zxzzzzzzzzzx. Waiting to buy at 0.35. Sure can. Ha Ha Ha
Agree with Sheep


calvintaneng
40692 posts

Posted by calvintaneng > Dec 16, 2014 3:00 PM | Report Abuse

Whoa!

Top boss bought at 44 cents and above, millions of them. Anything below 40 cents is a bargain!

So don't wait or else Jaks jump Jump JUMP Up And Away!


Ameera
2913 posts

Posted by Ameera > Dec 16, 2014 9:06 PM | Report Abuse

Agreed.... Below 0.40 is a good buy, hope not to get better price at 0.35... :(:(


zaiabas
63 posts

Posted by zaiabas > Dec 18, 2014 11:11 PM | Report Abuse

Bought at 38.5...


leecheecheang
32 posts

Posted by leecheecheang > Dec 19, 2014 12:11 PM | Report Abuse

be patient my boy.


sonicverse
19 posts

Posted by sonicverse > Dec 23, 2014 1:06 AM | Report Abuse

JAKS Resources Bhd's subsidiary JAKS Sdn Bhd has secured package 5 of the proposed Langat 2 Water Treatment Plant and Reticulation System, for the supply and installation of pipes.

According to its statement to Bursa, the contract is worth RM55.3 million, for a duration of 24 months up to January 2017.

"The contract is expected to contribute positively to the revenue and earnings of JAKS group for the financial year ending Dec 31, 2015, and the following financial years within the duration of the contract," said the company.

JAKS' share price rose 3.5 sen or 8.33% to 45.5 sen, giving it a market capitalisation of RM195.07 million.

Source: http://www.theedgemarkets.com/my/article/yinson-jaks-berjaya-land-mulpha-hiap-huat-deleum-apollo


Crowwy
356 posts

Posted by Crowwy > Dec 23, 2014 1:11 AM | Report Abuse

Panic sell tomorrow!!!!!! Try sell oil gas stocks as soon as opening!!! Omaigait!!! Oil sharp dropping now!!!!


KBYap
59 posts

Posted by KBYap > Dec 28, 2014 4:10 PM | Report Abuse

So, the water contract finaly arrived, but what a shame it is only just so small!!!


In the meantime,

JAKS is getting closer and closer to losing its RM 60.2 million security deposit, and millions already spent on this power plant project, there will be huge write off in its account soon.


FYI KAIDI was already the 2nd JV partner and this project is delayed at least 5 years.




Posted by KBYap > Dec 22, 2013 10:45 AM | Report Abuse X

Think the latest quarter result has not included the write off of this deposit..


http://klse.i3investor.com/servlets/anpth/947689.jsp

JAKS RESOURCES BERHAD (“JRB” OR “COMPANY”) PROPOSED JOINT VENTURE BETWEEN JAKS POWER HOLDING LIMITED (“JPH”) AND WUHAN KAIDI ELECTRIC POWER ENGINEERING CO., LTD (“KAIDI”) TO INVEST IN A 2 X 600 MEGAWATT COAL-FIRED THERMAL POWER PLANT (“PROPOSED JOINT VENTURE”) This announcement is dated 30 October 2013. We refer to the circular to shareholders dated 13 June 2013 (“Circular”) and the subsequent announcement dated 28 June 2013 and 3 September 2013 in relation to the Proposed Joint Venture. Unless otherwise stated, the definitions used throughout this announcement shall have the same meaning as defined in the Circular. On behalf of the Board, AmInvestment Bank wishes to announce that JRB Group and Kaidi had vide JPP’s letter to Kaidi dated 30 October 2013, mutually agreed to further extend the cut-off date to enable Kaidi to fulfil its obligations under the conditions precedent as set out in the Kaidi Subscription Agreement from the expiry of 30 October 2013 to 31 March 2014. In addition, AmInvestment Bank wishes to inform that JPP has written to MOIT to seek a waiver for JPP and/or JHDP from achieving the Financial Close by 30 October 2013 (“Proposed Waiver”). As at the date of this announcement, JRB Group is awaiting for MOIT’s decision for the Proposed Waiver.

JAKS is going to lose its RM 60.2 million security deposit placed with MOIT because it cannot get the loan to finance the project to achieve the Financial Close by 30 October 2013.

RM 60.2 million security deposit gone. This will effect JAKS badly. See paragraph 5.2 of this circular..... http://klse.i3investor.com/servlets/staticfile/220787.jsp


sheep
3634 posts

Posted by sheep > Jan 7, 2015 4:10 PM | Report Abuse

Why going down? extension rejected?


Type Announcement
Subject OTHERS
Description JAKS RESOURCES BERHAD (“JRB” OR “COMPANY”)
STATUS UPDATE OF JRB’S INVESTMENT IN A 2 X 600 MEGAWATT COAL-FIRED THERMAL POWER PLANT IN VIETNAM (“PROJECT”)

This announcement is dated 28 October 2014.
Reference is made to the announcement dated 1 April 2014 whereby the Ministry of Industry and Trade of the Socialist Republic of Vietnam (“MOIT”) had vide its letter dated 26 March 2014 agreed to extend the required date for completion of the preconditions of the Project (including to achieve financial close) to 31 October 2014.
The Board of Directors of JRB (“Board”) wishes to inform that its wholly-owned subsidiary, JAKS Pacific Power Limited, had vide its letter dated 24 October 2014 (which was submitted to MOIT on 27 October 2014) requested MOIT to extend the required date for completion of the preconditions of the Project (including to achieve financial close) to 31 October 2015.
The Board also wishes to inform that JRB is still exploring with potential partner(s) to invest in the Project.
The Company will make the relevant announcement in due course.


zaiabas
63 posts

Posted by zaiabas > Jan 23, 2015 8:46 PM | Report Abuse

Buy n keep


Wee Siong
543 posts

Posted by Wee Siong > Feb 6, 2015 11:35 AM | Report Abuse

TP 1 - 65 cents, TP2 - 80 Cents, BUY BUY BUY


klsetechwiz
185 posts

Posted by klsetechwiz > Feb 11, 2015 3:10 PM | Report Abuse

My technical outlook for Jaks

http://klsetechwiz.blogspot.com/2015/02/klse-techwiz-jaks-4723.html

And also Salcon

http://klsetechwiz.blogspot.com/2015/02/klse-techwiz-salcon-8567.html

I believe both will be going up together


klsetechwiz
185 posts

Posted by klsetechwiz > Feb 17, 2015 3:22 PM | Report Abuse

Jaks inching up with Salcon


Ameera
2913 posts

Posted by Ameera > Feb 17, 2015 8:06 PM | Report Abuse

Nice...:)


Wee Siong
543 posts

Posted by Wee Siong > Feb 17, 2015 10:26 PM | Report Abuse

TP1 0.65 cents !!!


sheep
3634 posts

Posted by sheep > Feb 24, 2015 3:38 PM | Report Abuse

wow water play...pipes small pipes, big pipes

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