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2023-08-09 08:29 | Report Abuse
Hoho FA n TA both are crucial for investing , coupled with some business sense as in Capital A . Not just a Bookworm.
2023-08-09 07:33 | Report Abuse
Jaks
Refer QR ended March 2023 :
Non Current Assets :
PPE. 273,041,000
Investment Properties 594,321,000
Investment in Joint Venture. 829,105,000
2023-08-09 00:08 | Report Abuse
Hoho nanti Hari ini Pergi pancing ikan , tengok boleh tangkap ikan lebih besar tak , bila pancing ikan mesti la diam diam sikit ….
2023-08-08 20:16 | Report Abuse
We are of the view that the Group’s debt to equity ratio is considered low as compared to its peers. 👍👍👍
2023-08-08 20:15 | Report Abuse
19.
The Group has RM102 m as at 31 March 2022, but it was raised through Private Placement and Rights Issue undertaken during FY21 and FY20 of RM129.5 m and RM254.3 m respectively. How can the Company states that its financial position remained healthy when it is not able to raise funding internally for its operations and expansion activities from its current businesses?
- The Power infrastructure and Utilities Projects undertaken by JAKS are generally capital- intensive in nature, such as the power plant in Vietnam which has started to contribute earnings.
- As such, all decisions in relation to the capital structure to fund our projects are evaluated extensively to ensure they are undertaken in the best interest of the company.
- We are of the view that the Group’s debt to equity ratio is considered low as compared to its peers.
2023-08-08 20:13 | Report Abuse
- Impairments are done in accordance with the relevant accounting standards.
- For goodwill, kindly refer to Note 10. Whether further impairments are needed will depend on the annual impairment test to determine the value in use and fair value less cost of disposal, which includes obtaining independent professional valuer’s opinion.
- However, do note that impairments do not impact the cash flows, as it is only accounting implications.
2023-08-08 20:06 | Report Abuse
> Accumulated Profit : 324,951,000 ( Audited as on December 2022 is RM 310,874 ,000 )
2023-08-08 20:05 | Report Abuse
Cash Flow from Operating Activities :
( RM 894,000 )
Purchase of PPE and Right of Use :
( RM 31,082,000 ) in LSS4 Solar Project
2023-08-08 20:05 | Report Abuse
Gearing Ratio : 37.5 % ( 0.375 X )
2023-08-08 20:04 | Report Abuse
Referred to FY23 , 1 QR ended March 2023 :
a) Financial assets
Trade n other receivables 337,839,000
Cash and bank balances 24,102,000
Deposits placed with Banks. 41,630,000
total = 403,571,000
b) Financial liabilities
Loans and borrowings 511,117,000
Trade and other payables 477,080,000
Lease liabilities —
total = 988,197,000
a) - b ) = ( 584,626,000 )
—-
Share Capital : 1,074,143,000
Reserves . : 26,200,000
> Accumulated Profit : 324,951,000 ( Audited as on December 2022 is RM 310,874 ,000 )
Non controlling interests : ( 61,658,000 )
Total equity : RM 1,363,636,000
—
Gearing Ratio : 37.5 % ( 0.375 X )
Financial Cost : ( RM 5,723,000 ) / quarter
—-
Hoho hope the Financial Cost rate is not increasing :
illustration:
(5,723,000 ) X 4 / 511,117,000 = 4.48 %
—
Other Operating, Administrative Expenses :
( RM 14,875,000 ) / quarter
——
Cash Flow from Operating Activities :
( RM 894,000 )
Purchase of PPE and Right of Use :
( RM 31,082,000 ) in LSS4 Solar Project
2023-08-08 17:17 | Report Abuse
Hoho Stncws 🐍sawa Commander in Netx ( Calvin Troop in Netx ) …
2023-08-08 17:14 | Report Abuse
Hoho strong cow aka Future Gain , pls lo don’t became a laughing stock here , hahahaha…
Posted by stncws > 4 hours ago | Report Abuse
PRN SCORES 3:3....hung again .. dewan negeri....bursa could be tumbled again to 1400 !
2023-08-08 17:06 | Report Abuse
Hoho today Operator consolidation distribution at 0.195 almost done , let’s see tomolo can catch bigger fish !!!
2023-08-08 14:08 | Report Abuse
Hoho another impairment of over RM 20 million on a Rm 8 Billion Power Plant Project Construction ! Represents 0.25 % lo …
2023-08-08 14:00 | Report Abuse
SUKE Projects :
CA1 Cengal Jati Sdn Bhd
CA2 Hcm - Hatimuda JV
CA3 Sykt Muhibah Perniagaan dan
Pembinaan Sdn Bhd
CA4 ML Sepakat - China Harbour
Engineering Co JV
CB1 Cergas Murni Sdn Bhd
CB2 Zelan -Hasrat Sedaya JV
CB3 Jaks Sdn Bhd
CB4 Cantilever Bumi Sdn Bhd
CB5 Bridgex -BBSB JV
2023-08-08 13:50 | Report Abuse
Hoho yes Jaks was badly hit by Highway construction SUKE during Pandemic, on over RM 20 million impairment.
But Jaks mgmt had turnaround the company with 2 Projects with 25 years concession period. Syabas !!!👍👍👍
2023-08-08 09:00 | Report Abuse
Hoho previous years the info details is not clear , esp during construction period, now situation is different with more clear details info …
2023-08-08 08:46 | Report Abuse
Hoho let’s recap future events that may affect the Price :
1) PRN of 6 states on 12/8
2) QR by ard end August .
3.) August to September 23 : Solar LSS4 Project commissioning .
4) October 23 : dateline on MOU signed on a Europe Country Solar Project. Will it be success ???
5) Jan to Feb 2024 : will Jaks be successful increase Vietnam JV holding from 30 % to 40 % ??
2023-08-08 08:24 | Report Abuse
Hoho wow Local Solar LSS4 Project also is with 25 years concession period…
2023-08-08 07:59 | Report Abuse
Hoho Beware Day3Digital a call center stock with NTA 8 sen , After ID disposed shares , Financial Controller pulak keep disposed Shares…beware …
2023-08-08 07:58 | Report Abuse
Hoho why worries, with concession 25 years le , hohoho ..
2023-08-08 06:26 | Report Abuse
Hoho today continue fishing , hope can catch bigger fish 0.20 , ho ho ho ho ho …
2023-08-07 20:40 | Report Abuse
Hoho agreed if Jaks can improve the said mall n Tower business.
These had been discussed in AGM :
Date Time
: 27 June 2023, Tuesday : 10.30 a.m.
JAKS RESOURCES BERHAD
Registration No. 200201017985 (585648-T) (Incorporated in Malaysia)
SUMMARY OF KEY MATTERS DISCUSSED
AT THE TWENTY-FIRST ANNUAL GENERAL MEETING OF THE COMPANY
Set forth below are the Key Matters Discussed:
As at May 2023, the occupancy rate of the Pacific Towers Business Hub stood at approximately 35% and the occupancy rate of Evolve Concept Mall stood at 57%. With the improvement in footfalls and ongoing negotiations this year, we anticipate the occupancy rate for both property assets to increase to above 60% by early 2024.
2023-08-07 18:10 | Report Abuse
Hoho Beware Day3Digital a call center stock with NTA 8 sen , After ID disposed shares , Financial Controller pulak keep disposed Shares…beware …
2023-08-07 15:45 | Report Abuse
Hoho looks like consolidation distribution left right is getting solid at 0.19 , is difficult to catch 0.185 fish now , later Shl be 0.19 …Cheers ..
2023-08-07 13:30 | Report Abuse
Hoho ya ke , stncws aka Future Gain , the strong cow also can fly le , got Wings le …. Hahahaha..
2023-08-07 13:04 | Report Abuse
Hoho no worries, while watching the perfect Beatchh pair dancing 💃 🕺 liccking n suxking ,
Fishing is hardly can catch 18.5 , easier one is 19 , fishing until after PRN of 6 states …
2023-08-07 09:00 | Report Abuse
Posted by Johnchew5 > 3 hours ago | Report Abuse
Hoho btw Jaks price is at 15 years Low , Operator seems completed the consolidation distribution left right on Last Friday .
Let’s see Monday Fishing can catch 0.19 n 0.195 fish ke , ho ho ho .
2023-08-07 05:20 | Report Abuse
Hoho btw Jaks price is at 15 years Low , Operator seems completed the consolidation distribution left right on Last Friday .
Let’s see Monday Fishing can catch 0.19 n 0.195 fish ke , ho ho ho .
Stock: [JAKS]: JAKS RESOURCES BERHAD
2023-08-09 08:30 |
Post removed.Why?