It is also the fact that the share of profit generated from jv project in Vietnam has turned the grouploss situation into group Profit to the company .

It is the fact that the Vietnam project has saved the axs of jaks.

Now then the vietnam project is coming to near completion soon.it remains to be seen how the jaks is to perform financially without that project...

No matter how good you say about jaks and how you twist the facts ,the very fact is that it is trading at 0.19 which is what it is worth at now in the view of the market.

If jaks' s future prospect is bright, the share price won't be 0.19 but 2.00.

The truths are from facts

Dont be a sensingkian but be an asengkian

Good for you and everyone here .... many of them are watching you......

I am who I am, I am at liberty to express my objective views based on the facts and truth based on the circumstances surrounding the company.

Anyway, continue your barking and woolfing but dont teach your grandmother how to suxk eggs.....

Bias or not is up to your mindset . If your mindset is objective, then you are not biased but if your mindset is not , then you are out of your mind.

Dont teach your grandmother how to suxk eggs,....

You dont seem to get it but take it literally instead ??Every is laughing here....
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Asengkianjoo

joyvest

The morale of the story is not to teach your grandmother how to suxk eggs ....>>>>>>>>>>>>>>>>>>. you donot need to see joyvest personally , see the way he talks , you know

All I know it is the fact that Jaks is trading at 0.19 at the closing today.

In the absence of facts, assumptions can be used but they must be reasonable and not far fetching.

It is good for everyone to see but make sure you dont look ....

If you dont accept the facts, thats your problems ,not mine.

The morale of the story is not to teach your grandmother how to suxk eggs....

No assumptions are made but facts. which one of the following is not fact ?? you cant even point out. I suggest you dont, it makes you look like a nutcase

If you dont know the meaning of forward looking, thats your problem

Facts are facts and the facts are clearly stated without assumptions. You cant understand them , thats your problems ,not mine. If you dont agree, then it is YOU to disapprove it , not me .

It is the fact that the market is forward looking. If the company's future prospects are bright , it will be reflected in the share price accordingly and vice versa. . The market is discerning but you dont seem to be , gathered from what you are barking here and there ..

No point to reiterate. You look but you dont see and you hear but you dont listen. Thats your problems

All the facts are clearly stated without assumptions. You cant understand them , thats your problems ,not mine

Facts are facts. its you to disapprove them.

No assumption is made by me . it is all your own assumptions in your fantasy

it is the fact that the market is forward looking. If the company's future prospects are bright , it will be reflected in the share price accordingly and vice versa. . You may not have the sense of judgement of future ,but the market has ..

It is the fact that the future of the company is reflected in the share price to be determined by the market - NO ASSUMPTION IS MADE . It could be 0.185 or lesser than or more than 0.185 at the mercy of the market

Some fellows are in the highest state of confusion as to distinction between facts and assumptions....

It is the fact that the future of the company is reflected in the share price to be determined by the market - NO ASSUMPTION IS MADE

which one of the following is biased with assumption?

1)It is the fact that the PP is set at 0.185 vs the current MV of 0.190 as at this minute -No assumption is made
2)It is the fact that the PP is not fully subscribed for by investors -No assumption is made
3)It is the fact that extension has been applied to complete the PP by Jan 2024 due to point 2 above-No assumption is made
4) It is the fact that the share capital has ballooned to 2.9b share-No assumption is made
5) At the cheap price of 0.185 , more shares need to be issued diluting the shareholding of the existing shareholders. No assumption is made
6) It is the fact that the company being sued for RM200m- No assumption is made
7) It is the fact that the DPR is proposed due to lack of fund to payout-No assumption is made
8) It is the fact that the company is still trading at the MV of RM 0.190 as at 12.30am today-No assumption is made
9) it is the fact that the collection problems have been deteriorating from one year to another. These can be evident in the audit reports in 2021 and 2020- No assumption is made
10)It is the fact that no Dividend has ever been paid out to the shareholders as a reward since inception despite making profitability over the years-No assumption is made.

No assumptions but facts. Even there are assumptions, they are reasonable assumptions based on the circumstances surrounding the company. No big deal

you cant see but others can . No issue

No assumptions but facts

The morale of the story is not to call wolf every now and then like the shepherd boy. Once bitten twice shy, Twice bitten never try.

it is the fact that the cheapest was 0.17 on 27/6/23

The morale of the story is not to call wolf every now and then like the shepherd boy. Once bitten twice shy, Twice bitten never try.

It is the fact that no Dividend has ever been paid out to the shareholders as a reward since inception despite making profitability over the years.

To the woes of the investors/shareholders , the company has even begged for further funds from the investors/Shareholders from its issuance of warrants, PP and RI over the years. It is believed that the investors/shareholders are so pissed off to be ripped off over the years that they no longer to lend any support to the company asking for further injection. To add salt to the plights of the investors/shareholders, many are suffering from capital loss at the current pathetic share price that is drawing nearer and nearer to penny.

It was the fact that the share price was traded at 0.185 at the closing yesterday - No assumption was made

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UlarSawa

Yesterday lower today higher your assumption not correct leh. Haiyoh. Correct?

8) It is the fact that the company is still trading at the MV of RM 0.190 as at 12.30Pm today-No assumption is made

12.30 PM is the keyword - no assumption is made
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UlarSawa

So the fact today 19sen proven your assumption Jaks will be much lower than 18.5 still assumption lagi mah. Not fact yet mah. Haiyoh. Correct?U
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UlarSawa

It is the fact that today is yesterday's tomorrow.
It is the fact that today is different from yesterday
It is the fact that tomorrow is different from today

It is the fact that impairment is another term for provision for bad and doubtful debts when the debts are unlikely to be collected/recovered.
It is the fact that the balance sheet value can not be over valued and it must be presented at a fair value. Hence impairment must be done.

1)It is the fact that the PP is set at 0.185 vs the current MV of 0.190 as at this minute -No assumption is made
2)It is the fact that the PP is not fully subscribed for by investors -No assumption is made
3)It is the fact that extension has been applied to complete the PP by Jan 2024 due to point 2 above-No assumption is made
4) It is the fact that the share capital has ballooned to 2.9b share-No assumption is made
5) At the cheap price of 0.185 , more shares need to be issued diluting the shareholding of the existing shareholders. No assumption is made
6) It is the fact that the company being sued for RM200m- No assumption is made
7) It is the fact that the DPR is proposed due to lack of fund to payout-No assumption is made
8) It is the fact that the company is still trading at the MV of RM 0.190 as at 11.30am today-No assumption is made
9) it is the fact that the collection problems have been deteriorating from one year to another. These can be evident in the audit reports - No assumption is made

It is the fact that the collection problems has been deteriorating from one year to another.

This can be evident from the audited reports where the impairment for trade receivable has been increased to 17.5% representing RM 48m+++ in 2021 from 14% representing RM 41m++ in 2020

whereas non-trade receivables, it can be evident from the audited report where the impairment for non- trade receivable has been increased to 35 % representing RM 66m++ in 2021 from 28 % representing RM 41m++ in 2020.

It is expected the impairment will be even higher in 2022 and 2023
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Johnchew5

Hoho anyone know the retention sum is 5 % or 10 % ??

Is the Company facing issues on collections given the high receivables recorded on the Company’s balance sheet? What are the mitigating actions in place to tackle this issue?

The receivables consist of contract and retention sums for construction projects, including the USD454m Engineering, Procurement and Construction (“EPC”) 2 Vietnam Contract. We do not foresee any problems with the collection when it is fully completed.

8) It is the fact that the company is still trading at the MV of RM 0.190 as at 12.30am today-No assumption is made

It is the fact that no dividend payout as a reward to shareholders since inception despite of making profits.
It is the fact that excuses of no dividend payout including but not limited to earnings to be ploughed back to company for working capital and the proposed DRP.

8) It is the fact that the company is still trading at the MV of RM 0.190 as at 11.30am today-No assumption is made

More to reveal , stay tune

The debt to equity ratio is " healthy " in disguise due to its massive share capital of 2.9 b . The massive share capital has basically been built up through issuance of warrants , PP and RI over the years with the agenda to keep the debt to equity ratio low as a means of window dressing.

However , it is believed that investor including the existing shareholders are no longer fooled to invest into the company through their further issuance of warrants , PP and RI and likewise the lenders are no longer keen to provide funding irrespective how " healthy " the Debt to Equity ratio shows. Thats why the company is faced with difficulties to raise fund be it internally or externally from now.
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Johnchew5

Hoho no worries, Jaks Gearing Ratio 0.375X is still healthy .

1)It is the fact that the PP is set at 0.185 vs the current MV of 0.190 as at this minute -No assumption is made
2)It is the fact that the PP is not fully subscribed for by investors -No assumption is made
3)It is the fact that extension has been applied to complete the PP by Jan 2024 due to point 2 above-No assumption is made
4) It is the fact that the share capital has ballooned to 2.9b share-No assumption is made
5) At the cheap price of 0.185 , more shares need to be issued diluting the shareholding of the existing shareholders. No assumption is made
6) It is the fact that the company being sued for RM200m- No assumption is made
7) It is the fact that the DPR is proposed due to lack of fund to payout-No assumption is made
8) It is the fact that the company is still trading at the MV of RM 0.190 as at 11.30am today-No assumption is made

Go back to hibernate.......

None ,right ? right ! .Thank you very much.