JAKS RESOURCES BERHAD

KLSE (MYR): JAKS (4723)

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Last Price

0.25

Today's Change

-0.01 (3.85%)

Day's Change

0.25 - 0.26

Trading Volume

3,943,900


35 people like this.

53,669 comment(s). Last comment by Stocker 8 hours ago

Posted by PorkLegoGuy > 1 month ago | Report Abuse

aiyo。。。speechless

curiousq

115 posts

Posted by curiousq > 1 month ago | Report Abuse

although result not very good, but boss alraedy pushed up to above 32 for buyers to sell loh ......
cannot be too gredy lah .....

Posted by SarifahSelinder > 1 month ago | Report Abuse

Verdicts r out

Bossku masuk lockup

High coal price tak screw up Vietnam ipp profit

Posted by Jackpot888 > 1 month ago | Report Abuse

consistent profit from Vietnam JV power plant 29M.. but other biz incurred losses..pull down net profit

Posted by SarifahSelinder > 1 month ago | Report Abuse

Lower production rate

Probably due to sebab coal high inflasi very expensive EVN switched to hydro so lower uptake

Tapi ni indirectly confirm capacity payment is constant n substantial

Posted by PorkLegoGuy > 1 month ago | Report Abuse

This Ang Boy Boy harrr..... Keep the price push down every QR! What happened yah ?

Posted by Jackpot888 > 1 month ago | Report Abuse

with this JV will have 120M profit annually.. they should sell off other biz and focus on Lss4 and f

Pinky

2,533 posts

Posted by Pinky > 1 month ago | Report Abuse

laosai hahahahaha hopeless

Pinky

2,533 posts

Posted by Pinky > 1 month ago | Report Abuse

@Jackpot888 u think they want sell sure have takers meh? Bleeding business

SinGor

3,770 posts

Posted by SinGor > 1 month ago | Report Abuse

Osk jv with Toshiba to bid for Lss3 but failed due to high bidding price. Toshiba has long experience in Arab
states for LSS, 15years. They used premium solar panel with low maintenance cost compare to almost ALL
Malaysia LSS. Japanese has found out the Efficiency of Chinese panel started to fall to 75% after 5 years.
Most Malaysia LSS are 15--25years which means replacement cost and Maintenance cost will Bankrupt most
LSS operator. Alot Chinese LSS operator are facing serious financial problem bcos Chinese Solar Panel is
unreliable at Best

Pinky

2,533 posts

Posted by Pinky > 1 month ago | Report Abuse

still give rosy outlook in press release hahaha

Sslee

10,867 posts

Posted by Sslee > 1 month ago | Report Abuse

Another PP coming if the Vietnam Power plant dividend is not forthcoming.

Posted by ValueInvestor888 > 1 month ago | Report Abuse

The last PP to raise funds which bring NOSH to over 2b shares for LSS4 is a bad move as LSS4 can only bring less than 10% return, my guess is likely 5% based on estimate by people who in the industry due to increase in commodity costs. With such a hugh NOSH, jaks cannot even make 1 sen EPS quarterly. Local business loss RM 15m. Vietnam Power Plant contributed RM 30m. Net profit RM 15m.

Dangel

415 posts

Posted by Dangel > 1 month ago | Report Abuse

Time to accumulate!

Invest_168

540 posts

Posted by Invest_168 > 1 month ago | Report Abuse

Buy share also need to know who is the boss behind. Follow ANG LAM PAH this kind of lame boss, he eat all the meat (give himself free shares, right issues, private placement) and give you only the SHIT!!

warchest

1,525 posts

Posted by warchest > 1 month ago | Report Abuse

And they work hard on its investor relations activities but somehow its just vanity as people see the results. The results were bad

warchest

1,525 posts

Posted by warchest > 1 month ago | Report Abuse

Now the share price back to its level before the start of uptrend. KYY was right to question about the integrity and acumen of Ang. Definitely lacking of them

warchest

1,525 posts

Posted by warchest > 1 month ago | Report Abuse

Whatever the business or venture by JAKS now turns into Midas Touch, nope Sadim Touch i.e. ruin everything that he touches

warchest

1,525 posts

Posted by warchest > 1 month ago | Report Abuse

Investing into JAKS as good as investing into sunset business with management that no nuts about resource allocation to existing businesses, acquisition of new businesses and exiting into unprofitable businesses. The more it expands, the more losses it incurs. They expect doing the same things over and over again and getting different results. But they are wrong. Something wrong about the management business acumen

curiousq

115 posts

Posted by curiousq > 1 month ago | Report Abuse

What is the new TP after the result?
0.25? 0.35? 0.50? 1.00? 1.50?

curiousq

115 posts

Posted by curiousq > 1 month ago | Report Abuse

Any sifu /guru kind enough to share?

arv18

2,568 posts

Posted by arv18 > 1 month ago | Report Abuse

bjcorp, eversendai, mui, serba and jaks, are all the same kind of rubbish counter...

___________________________________
curiousq Any sifu /guru kind enough to share?
26/08/2022 3:48 PM

Posted by ImprezaSti > 1 month ago | Report Abuse

arv18 the most honest comment all time.

firehawk

4,437 posts

Posted by firehawk > 1 month ago | Report Abuse

I may say the push-up before the Q result announcement was a trick to spur public speculation on good result could be released ..... this type of manipulation was done many times over years behind. Anyway, congratulate to those making use of the wave ......

i3lurker

12,011 posts

Posted by i3lurker > 1 month ago | Report Abuse

thats due to purity of the panels.
degradation is caused by presence of high levels of randomised unknown elements present inside solar panel on an unknown gambling basis.

its materials science.
same principle applies everywhere
same thing happens with steel,
improperly made steel products with randomised impurities rusts extremely rapidly.

SinGor

Osk jv with Toshiba to bid for Lss3 but failed due to high bidding price. Toshiba has long experience in Arab
states for LSS, 15years. They used premium solar panel with low maintenance cost compare to almost ALL
Malaysia LSS. Japanese has found out the Efficiency of Chinese panel started to fall to 75% after 5 years.
Most Malaysia LSS are 15--25years which means replacement cost and Maintenance cost will Bankrupt most
LSS operator. Alot Chinese LSS operator are facing serious financial problem bcos Chinese Solar Panel is
unreliable at Best

2 days ago

i3lurker

12,011 posts

Posted by i3lurker > 1 month ago | Report Abuse

drop to 75% efficiency is still not a bankruptcy matter.
what is fatal is that unknown element impurities also cause these solar panels to crack. => 0% efficiency.
Solar Panel Cracking is not covered by warranties.

there you are !!!

=> You had gone bankrupt !!!

warchest

1,525 posts

Posted by warchest > 1 month ago | Report Abuse

It won't go bankrupt. They already incurred most of the installation and land acquisition costs. Even with 25% degradation, they are still cash flow positive for 20-25 years. And with contribution from Vietnam's power plants, they are still good and able to pare down their debt. The issues with this Company are just management incompetency in resource allocation to existing businesses, acquisition of new businesses and cut the unprofitable businesses

ks55

2,524 posts

Posted by ks55 > 1 month ago | Report Abuse

Directors only good at self-enrichment scheme. They demanded for free shares on top of fatty Directors' fees. That is the reason why small shareholders deserted them. Just wonder where are the sifus now. Why didn't these sifus warn the small fry before all got deep fried.

ks55

2,524 posts

Posted by ks55 > 1 month ago | Report Abuse

When Directors are no more trustworthy, why still want to stick to them? Vote with your legs, no more your hands.

ks55

2,524 posts

Posted by ks55 > 1 month ago | Report Abuse

Take Ah Kong's money and put in your own pocket, Directors say it is a Long Term Incentive Scheme to 'retain' those 'talent'. Taking rakyat's money and put into their own pocket, we call it 'corruption'. Corrupted politicians are charged and put behind bar one by one. What happen to those involved in Self-Enrichment Scheme under the name LTIS? The Directors are to be punished by minority shareholders, shares become toilet papers at the end.

Posted by PorkLegoGuy > 1 month ago | Report Abuse

Aih... jaks is cheat counter. Tipu !

Posted by khoinvest > 1 month ago | Report Abuse

Hopeless JAKS Management Team. Based on the performance of the share, they are definitely not justify to be given any Long Term incentive shares, not at the expense of the share holders.

warchest

1,525 posts

Posted by warchest > 1 month ago | Report Abuse

Next AGM, to propose for all the Executive Directors and management team to get 50-70% pay cuts. They are lucky that the power plants in Vietnam were built by its Chinese partner, with RM120m profit after taxes per annum, else is going to become another failure. The lesser they do the better for the shareholders, as they need less money from the shareholders. No wonded they cannot attract institutional investors to this Company

Nepo

2,535 posts

Posted by Nepo > 1 month ago | Report Abuse

Too late already
Cc ut loss and leave..

curiousq

115 posts

Posted by curiousq > 1 month ago | Report Abuse

Heard a private group members earned a lot of money in last round ......

warchest

1,525 posts

Posted by warchest > 4 weeks ago | Report Abuse

It could be a decent company if not because of its incompetent management team. Hope they could stop the bleeding investment business. In fact the lesser they do the better; be it into new ventures or investor relations activities. More efforts should be focused on its existing businesses

Posted by valueinvestor33 > 4 weeks ago | Report Abuse

Immediate change of management is necessary.

ks55

2,524 posts

Posted by ks55 > 3 weeks ago | Report Abuse

Another round of self-enrichment scheme. TP of Jaks is now at 15 sen taking into consideration free shares alloted early , this round of LTIP, is current price, and very weak market sentiment.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3292215

Pinky

2,533 posts

Posted by Pinky > 2 weeks ago | Report Abuse

what right do they have to such "reward" when they all underperformed!

luckyman

624 posts

Posted by luckyman > 2 weeks ago | Report Abuse

The LTIP options will be worthless to the ALP and the employees if the share price stays below 24 sen. Obviously they have to find ways to improve the company's financial performance in order for the share price to move upward to say at least 50 or 60 sen. Otherwise, there is little kick for them. 10 sen or 20 sen gain from the total of 17 million shares would translate into RM1.7 mil or RM3.4 mil profit for ALP from his entitlement which will mean nothing exciting for him....

Sslee

10,867 posts

Posted by Sslee > 2 weeks ago | Report Abuse

This round is share option next round will be free share grant.

chon99

91 posts

Posted by chon99 > 2 weeks ago | Report Abuse

Sslee,
晚上好.我觉得你不只关心Jaks 也关心其他股票.这是好事.

但是當我看到你写到珍惜身边人及将来天国的事.我相信你是一位基督徒.是一个有爱心和理智的人.

但是如果你正在想放棄某一个股票(假设A 股票)转去投资另一个股票(假设B股要)你会阻止吗?

我相信你不会是吗?

然而有个所谓师傅级的人仕即要阻止还spam 过去那个I3 forum说不实的消息说某一个股会暴跌.(其实他没有详细检查财报就乱乱说,如果你持有那只B股票你会怎样?)

不好意思打擾你.晚安.

chon99

91 posts

Posted by chon99 > 2 weeks ago | Report Abuse

对不起我是说有个你认识的人正在想要放棄某一个股票(做设 A股票) 转去投资另一个股票( 假设 B股票)你会阻止吗?

Sslee

10,867 posts

Posted by Sslee > 2 weeks ago | Report Abuse

Dear chon99,
My faith is Buddhism and that did not stop me from learning other religions.

As for investmwnt you need to do own study and make your own investment/trading decision.

chon99

91 posts

Posted by chon99 > 2 weeks ago | Report Abuse

Dear Sslee,
Good morning.

Thank you for your reply and advice .

I respect your religion.

But I have to let you know that Jesus is the true and living God. You might have read the Holy Bible.

In case you are in dangers or in emergency cases please cry out: "JESUS SAVE ME."

Human being including me, can make mistakes but not God.
.

chon99

91 posts

Posted by chon99 > 2 weeks ago | Report Abuse

Human being including me can make mistakes but not JESUS.

Michael Kwok

4,657 posts

Posted by Michael Kwok > 1 week ago | Report Abuse

Price:25-26 cents
Buy on below 20 cents
25/9/2022 9.48pm

Posted by SomaCruz89 > 2 days ago | Report Abuse

Queueing for 20 cents.

greatwall

584 posts

Posted by greatwall > 23 hours ago | Report Abuse

Queueing for 20 cents.--- a low IQ investor

Stocker

946 posts

Posted by Stocker > 8 hours ago | Report Abuse

jaks coming?

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