Posted by BostonMaxwell > 2021-09-07 19:00 | Report Abuse

As what they said before, vietnam power plant will contribute at least 120million per year... Tdy the operator is really smart! Sad for those who throw tdy...

Posted by lawrgan > 2021-09-07 19:12 | Report Abuse

150 - 160 millions per year from Vietnam. Superb result with 30% sharing…..Fantastic

Posted by ming > 2021-09-07 19:24 | Report Abuse

Woot.. 37m solely from vietnam

Posted by Hoho22 > 2021-09-07 19:26 | Report Abuse

Nothing to shout about.

Posted by Yespleaseletsgo > 2021-09-07 19:32 | Report Abuse

Eps is also fantastic, lets finally break away from the double bottom and fly higher

Posted by YeahLoo > 2021-09-07 19:41 | Report Abuse

Vietnam JV profit 37.529 million this QR, is equal to 2.57 cents per share.

Posted by Davidl > 2021-09-07 20:04 | Report Abuse

Fantastic QR! Good job!

Posted by GGecko > 2021-09-07 20:05 | Report Abuse

@jakewannarich, the key word is "We were able to recognize a commendable profit of RM37.5 million from our 30% equity investment in the power plant, which will continue to provide us with a stable recurring income for the next 25 years." now, that is really something to shout about for the next 25 years..a stable recurring income

Posted by GGecko > 2021-09-07 20:06 | Report Abuse

tomolo get leady to fly n fly

Posted by ahbenginv8822 > 2021-09-07 20:09 | Report Abuse

no need talk a lot.. read this is enough edy

https://www.insage.com.my/BursaNews/Attachment/202109/20210907/JAKS-AN20210907A1-1.pdf

Posted by ahbenginv8822 > 2021-09-07 20:10 | Report Abuse

can see that tomorrow for sure will fly fly hehehe

Posted by Surge > 2021-09-07 20:14 | Report Abuse

Believe price will push up, then take up another 10% Vietnam power plant, future will be “Tokong”

Posted by Bgt 9963 > 2021-09-07 20:21 | Report Abuse

Hoseh...

Posted by GGecko > 2021-09-07 20:23 | Report Abuse

JAKS Resources Bhd posted a 13-fold increase in net profit to RM28.81 million for the second quarter ended June 30, 2021 (2QFY21), from RM2.17 million a year ago, supported by its RM37.5 million share of profit from its 30%-owned power plant joint venture in Vietnam. Earnings per share swelled to RM1.64 from 33 sen../theedgedaily.com

Posted by lching > 2021-09-07 20:29 | Report Abuse

limit up tomorrow.......

Posted by HKC1965 > 2021-09-07 20:34 | Report Abuse

wait to be RM2

Posted by GGecko > 2021-09-07 20:37 | Report Abuse

tomoro morning open will gap up

Posted by yeelings > 2021-09-07 20:42 | Report Abuse

Earning Per Share not RM1.64, only 1.64 cents

Posted by Investing_Bursa > 2021-09-07 20:52 | Report Abuse

https://www.theedgemarkets.com/article/jaks-resources-2q-net-profit-surges-share-profit-vietnam-power-ops

Posted by i3lurker > 2021-09-07 20:52 | Report Abuse

dun bother

happened many times with Jaks
after a while you already know its a very deliberate lying trick to con Suiyee Sucker Bilis to buy

btw EPS used to be 22 sen, its dropped way down to just 1.6 sen
so 51.5 sen per share looks overvalued

yeelings Earning Per Share not RM1.64, only 1.64 cents
07/09/2021 8:42 PM

Posted by nextan > 2021-09-07 21:29 | Report Abuse

Tomorrow open at 0.60 no problem

Posted by Sslee > 2021-09-07 21:33 | Report Abuse

Poor cash flow and year end another impairment loss on receivable. So by early next year second tranche of 272,667,000 PP shares.

Posted by Yespleaseletsgo > 2021-09-07 21:39 | Report Abuse

60c lets go!

Posted by Yespleaseletsgo > 2021-09-07 21:39 | Report Abuse

This baby has been sleeping too long come on!

Posted by Yespleaseletsgo > 2021-09-07 21:40 | Report Abuse

Jaks is fast turning into a renewable energy play with acquisitions in more solar assets + lss4 + Vietnam. They dont need their construction arm.

Posted by i3lurker > 2021-09-07 21:42 | Report Abuse

the next RI could be between 30 sen to 40 sen

thats why Macau Scammers are very desperate for Suiyee Sucker Bilis to buy at above 50 sen.....

Posted by Sslee > Sep 7, 2021 9:33 PM | Report Abuse

Poor cash flow and year end another impairment loss on receivable. So by early next year second tranche of 272,667,000 PP shares.

Posted by gohkimhock > 2021-09-07 22:06 | Report Abuse

as usual, earn a Kancil but lose a Mercz..thats how his company performing..

Posted by Yespleaseletsgo > 2021-09-07 22:13 | Report Abuse

What right issue? Lol dont talk nonsense haha

There is no more right issue. Stop talking nonsense.

And btw the listing has been done at 0.475 LOL. Please don't talk nonsense


Units 2,042,317,607
Issued Share Capital ($$) Malaysian Ringgit (MYR) 1,061,612,410.000
Listing Date 01 Jul 2021


So if got nothing to say go talk somewhere else

Posted by lawrgan > 2021-09-07 22:52 | Report Abuse

Living in the past, suffering from right issue and impairment phobia. Trying to pick up bones out of eggs

Posted by gladiator > 2021-09-07 22:54 | Report Abuse

Seriously The edge can put EPS 1.64 sens as RM1.64?? Anywhere the error has been corrected. Hopefully no one get trap.

Posted by Sslee > 2021-09-07 23:03 | Report Abuse

b) Private Placement
On 31 May 2021, the Company announced to undertake the Proposed Private
Placement of up to 552,787,900 new Ordinary Shares in JRB, representing up to 20% of the total number of issued shares of JRB (assuming all outstanding Warrants B, Warrants C and LTIP Options are exercised, and additional LTIP Options are granted and exercised as at 24 May 2021, being the latest practicable date of the said
announcement).

On 21 June 2021, the Company fixed the issue price for the Private Placement of 272,667,000 Placement Shares, representing approximately 15.41% of the existing issued share capital, at RM0.4750 per Placement Share (“First Tranche”). The issue price of RM0.4750 per Placement Share represents a discount of RM0.0473 or approximately 9.06% to the 5-day VWAMP of JRB Shares up to and including 18 June 2021 of RM0.5223 per JRB Share.

On 1 July 2021, the First Tranche was completed with the listing and quotation of 272,667,000 Ordinary Shares on the Official List of Bursa Securities, raising a total proceeds of approximately RM129.52 million.


So the balance placement shares to be issued: 552,787,900 - 272,667,000 =280,120,900

Posted by Sslee > 2021-09-07 23:05 | Report Abuse

So after PP who know another RI coming.

Posted by Bgt 9963 > 2021-09-07 23:06 | Report Abuse

Suck us dry....!

Posted by lloydlim > 2021-09-07 23:16 | Report Abuse

Time to accumulate!

Posted by i3lurker > 2021-09-07 23:22 | Report Abuse

sslee

thanks, you are the man ....

thats wonderful dilution of 1.64 sen

at this rate
pretty soon the EPS will be 0.01 sen per share

so multiply by PE 20 means value of share 20 X 0.01 => 20 sen

thats wonderful news indeed


//////So the balance placement shares to be issued: 552,787,900 - 272,667,000 =280,120,900 //////

Posted by huat8228 > 2021-09-07 23:24 | Report Abuse

tomorrow gonna fly, nice

Posted by i3lurker > 2021-09-07 23:25 | Report Abuse

sslee

you are right again.

I believe that there will be another one coming after the "balance share" had been issued.
Management is addicted to PP and RI already for a very good reason.
More diverse shareholders means its easier for Management to remain in control.

Posted by Sslee > Sep 7, 2021 11:05 PM | Report Abuse

So after PP who know another RI coming.

Posted by warrenbuffet1 > 2021-09-07 23:44 | Report Abuse

every year ri and pp
what are the management is doing
they dun have competitive ability in the market
all bussiness making loss

Posted by Sslee > 2021-09-08 07:41 | Report Abuse

Haha after PP, RI then come LTIP.

LTIP consists of: Share Option Grants (Price at VWAP of JRB Shares for the five market days immediately preceding the date of SOG with discount of not more than 10%) and SGP Grants (Free JRB Shares grant without any cash consideration).

The 15% of the issued and paid-up share capital (LTIP), according to the circular dated 11 May 2016, not more than 60% of the new JRB Shares available under the LTIP shall be allocated in aggregate to the Eligible Persons under the Share Grants.

Posted by Bgt 9963 > 2021-09-08 07:51 | Report Abuse

Suck us dry...

Posted by trader168 > 2021-09-08 08:19 | Report Abuse

Vietnam power plant has become money generator for jaks from now on..

Will limit up today..cheers !

Posted by i3lurker > 2021-09-08 08:29 | Report Abuse

dun worry

many Suiyee Sucker Bilis will buy coz EPS RM1.64 per share but share price only 50 sen

kakakakakakakakakakaka


Posted by trader168 > Sep 8, 2021 8:19 AM | Report Abuse

Vietnam power plant has become money generator for jaks from now on..

Will limit up today..cheers !

Posted by thetruthstory > 2021-09-08 08:29 | Report Abuse

23 mill profit for mnc chicken feed

Posted by Dangel > 2021-09-08 08:39 | Report Abuse

Gap up to be expected today!

Posted by Winliao > 2021-09-08 08:40 | Report Abuse

@thetruthstory, still sleeping meh!!!

Posted by Newbieinshare > 2021-09-08 08:47 | Report Abuse

ya. expected gap up at opening then drop

Posted by SinGor > 2021-09-08 08:54 | Report Abuse

Think insider already pump-up price last few Days...Seldom Jaks has press release after Qr....
Qr. profit only a tens of millions....DonT see press release when Jaks Loss 200mil

Posted by UntrustedLove > 2021-09-08 09:10 | Report Abuse

RSS SO HEAVY... HOW TO FLYYYYYY HAHAHAH

Posted by thetruthstory > 2021-09-08 09:11 | Report Abuse

good morning winliao

Posted by stockraider > 2021-09-08 09:15 |

Post removed.Why?