JAKS RESOURCES BERHAD

KLSE (MYR): JAKS (4723)

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Last Price

0.14

Today's Change

0.00 (0.00%)

Day's Change

0.135 - 0.14

Trading Volume

610,100


41 people like this.

64,793 comment(s). Last comment by jjohnchew 13 hours ago

Aseng

8,633 posts

Posted by Aseng > 2021-11-02 10:10 | Report Abuse

So far did you provide any strong evidence that jaks is not a good buy ?
We like to know more opposite view about the power plant , not you grandmother story to tell us who make more who make less ?
Is this the way you live your life ?

Aseng

8,633 posts

Posted by Aseng > 2021-11-02 10:33 | Report Abuse

Sting79,

Calvin is indeed a good Christian.
His contribution in i3 is undeniable
I like to read his stories too
He is a true gentleman
When I prove him wrong about the impact of coal price on the profit, he never try to protect himself to distort the truth.

Posted by JerungBilis > 2021-11-02 11:00 | Report Abuse

semoga QR report tbaru jaks ada increment dari sebelum ni..

Aseng

8,633 posts

Posted by Aseng > 2021-11-02 11:03 | Report Abuse

Firehawk,

Your mistakes

1. you have no shame
You have no hesitation to say in the public the black is white .
2. You have a small heart
When you do not like Aseng , no way you can accept whatever aseng said . Even though it is a truth .
3. You do not know how to protect yourself
More you said more damage you had made to yourself . If jaks is not your cup of tea , why waste your time here . Moreover you did not have the fact and data to prove it wrong now. Let the share price and the company result tell the truth . Aseng said 2 years , Can't you live longer to see whether he have made 200% or not .
Is it such a heart breaking pain for if more and more people believe what Aseng said.

Aseng

8,633 posts

Posted by Aseng > 2021-11-02 11:17 | Report Abuse

Your should not participate in i3 chitchat if you can not afford to see other people makes big money and you can not.

My good boy,

Do you find my guidance useful? Yes/ No

Aseng

8,633 posts

Posted by Aseng > 2021-11-02 11:28 | Report Abuse

Maybe my second round of kopi-o money is coming.

Every time the price breaks the 46 level it will come back quickly

Let's do a simple calculation how the quick money can be made . Wait for 2 years doesn't mean you can not make some kopi money when value has emerge .

Let's say

buy 100000 shares @ 0.44
Sell 100090 shares @ 0.47

Kopi-o money = 3000 ( before tax)

Aseng

8,633 posts

Posted by Aseng > 2021-11-02 11:30 | Report Abuse

See... how interesting is the game during the2 years journey.

Wise man find the way , lay man wait for the way . But both man big money if the choice is correct

Aseng

8,633 posts

Posted by Aseng > 2021-11-02 12:22 | Report Abuse

Stock: [JAKS]: JAKS RESOURCES BHD

Nov 1, 2021 12:55 PM | Report Abuse

what wrong I share with you my investment philosophy?

1. only invest in the business that you you are best informed
2. give some time for the business to validate the our calculation. 2 years is a good reasonable span of time for the business to exhibit its normalized earning and also for the management to prove to us that they have the capability to lead the company and create more value for the share holders.

based on the above philosophy

what wrong if I tell you "to buy and forget"



recycle for the benefit of the new readers who had missed my stories due to disturbance from Firehawk

Aseng

8,633 posts

Posted by Aseng > 2021-11-02 12:23 | Report Abuse

what is the advantage of the strategy " buy and forget " ?

1. if you buy and forget , the first thing you do when you wake up in the morning is to find a friend in the forum to talk .

2. daily price fluctuation will not spoil your days of happy living

3. everyday you are living with a beautiful dream of the good days that will come with a big gain of not less than 200% 2 years later .if you are lucky ,your dream of the beautiful days may come true less than 2 years , may be half a year, who know?

firehawk is good example of a spoiled investment life

1. every morning when he wakes up from sleep , the first thing he does is to look at the price ,
whether it is up or down . up 1 cent today down 2 cent tomorrow is not uncommon in the market nowadays . under such stressful condition , how can he know the taste of his cup of coffee

2. he like to guess and unfortunately every time he guess , almost every time he is wrong .

he guess when he can not make money in Jaks , no other man can make
what sort of mentality is this ? I called it poor man mentality.

For your information, i believe most of the member in our group who bought jaks before RI did not lose money because the right issue is only 22 cent plus free warrant . it is 8:5 + 4 free, i believe most of the members like me must have sold all the warrant and keep the mother share when the warrant was traded above 50 cent. we made a loud call to protect our profit in the group during the time . if there is still a paper loss for some of them , then it must be a negligible amount .
My members are here to read my message . I can not tell lie

Aseng

8,633 posts

Posted by Aseng > 2021-11-02 12:25 | Report Abuse

Stock: [JAKS]: JAKS RESOURCES BHD

Oct 31, 2021 12:12 AM | Report Abuse

why the short seller had stopped selling these few days ?

they know the coming quarter result at the end of the month will bring us good news

the good quarter result will confirm what I said is true

though not 100% but certainly a good reasonable degree

to win the game

we must have the strength to live longer than the short sellers

we must also have the wisdom to fight the wild guessing , weak generalization told by the fearmongers

Aseng

8,633 posts

Posted by Aseng > 2021-11-02 12:27 | Report Abuse

Stock: [JAKS]: JAKS RESOURCES BHD

Oct 30, 2021 11:51 PM | Report Abuse

what should we do to win the game ?

Do nothing

in another word , do not sell your stock cheap to the short sellers

then the short seller got to pay a higher price to buy from you to cover their net short position

why ?

the power plant has started generating cash for the company ,

based on the peer comparative valuation it is about RM 190M per year

power plant is a recession proof and covid proof business

whether there is lock down or no lock down , people still need energy to live

Aseng

8,633 posts

Posted by Aseng > 2021-11-02 12:27 | Report Abuse

Stock: [JAKS]: JAKS RESOURCES BHD

Oct 30, 2021 11:13 PM | Report Abuse

Why I am so confident what I am doing is right ?

1. The power plant is real
It had started contributing income to the company
From today onwards you will never see Jaks reporting a negative income any more .
Based on the calculation done by DK , the fair value is RM1.50, derived after the conversion of all the warrants plus a 30M per year for domestic business loss for a period of 5 years
so it is a right decision for me to do nothing but enjoy my days talking to my good friends here for 2 years and expected to make a return of not less than 300%

2. The company is moving in the right direction . The future expansion into solar , hydro and LNG energy is timely and a right investment choice.. This will contribute another consistent income and further strengthening of the strong recurring income of the company. more important it is a very strong catalyst for the rerating of the current ESG score

3. based on the management guidance , disposal or discontinuation of the loss making domestic business is ongoing. any good news , anytime from now or after the lock down recovery will serve as a strong catalyst to push the shares price sky high


4. Is fund raising no good ?

it depends whether it is value accretive or value destructive . if your biased common sense is true , the IPO is the biggest value destructive and we have no good share to buy .


5. IS COMMON SENSE A TRUE KNOWLEDGE ?

Then recent speculation on the rising coal is a good example

THE FOLLOWING IS THE MANAGEMENT REPLY OF OUR QUERRY.

KUALA LUMPUR (Oct 11): JAKS Resources Bhd has given investors assurance that the recent fluctuations in coal prices will not impact the group’s profit generated from one of its power plants in Vietnam.

This is because coal prices for JAKS Hai Duong Power Plant in Vietnam are passed through to the off-taker, Vietnam Electricity, said JAKS chief executive officer Andy Ang Lam Poah in a statement on Monday.

“The coal supplied to the power plant is entirely sourced locally, via the coal supply arrangement signed with Vietnam National Coal-Mineral Industries Group, commonly known as Vinacomin, to ensure a stable supply of coal for 25 years. In light of this, JAKS is not exposed to the risk on the global coal price fluctuations,” he said.



Aren't these not good enough reasons to boost my confident . And this confidence is not built on sand but supported by valid facts.

shares trading is a game of confidence
but when the confidence must be derived from facts and data
then success is just a matter of time
so waiting is the only strateg

Aseng

8,633 posts

Posted by Aseng > 2021-11-02 12:29 | Report Abuse

..............

company.................Monday........Friday 1.....Friday 2.....Friday 3.......Friday 4
Starting Date :20.09.2012
(closing price ).................................................................................................

ANCOM..................1.82..............1.94............2.30..............2.56............2.57
INARI......................3.78..............3.66............3.70..............3.78............3.89
SURIA....................1.22..............1.28............1.28.............1.25............1.25
UNITED U-LI..........1.59..............1.51............1.56.............1.5

Aseng

8,633 posts

Posted by Aseng > 2021-11-02 12:29 | Report Abuse

see it yourselves , these are the best technical with good fundamental stocks that i had chosen and put it to a test the market shared publicly in our chat group.

the success of achieving a significant gain is just 25% so far .

whether we make a switch or no switch , we have the same disappointment and frustration if we are too anxious to gain .

conclusion : stay where you are still the best choice with some extra money to try your lucks is still the best choice

firehawk

4,782 posts

Posted by firehawk > 2021-11-02 22:18 | Report Abuse

Sslee I am a little bit worry for Aseng closed mindedness. The effect of cult mentality if you only chose to listen to what you like to hear and from whom you idolize.

Any way I wish Aseng best of luck and we shall know how JHDP performed when Jaks published it next year annual report.

Time will tell but time will not heal only forgiveness will heal all time.
----------------------------------------------------

:-) :-) :-)

firehawk

4,782 posts

Posted by firehawk > 2021-11-02 22:35 | Report Abuse

Posted by Aseng > Nov 2, 2021 11:28 AM | Report Abuse

Maybe my second round of kopi-o money is coming.

Every time the price breaks the 46 level it will come back quickly

Let's do a simple calculation how the quick money can be made . Wait for 2 years doesn't mean you can not make some kopi money when value has emerge .

Let's say

buy 100000 shares @ 0.44
Sell 100090 shares @ 0.47

Kopi-o money = 3000 ( before tax)

----------------------------------------

The only useful Guru posting!!!

BE ALERT!

firehawk

4,782 posts

Posted by firehawk > 2021-11-02 22:41 | Report Abuse

A "Must know" how to apply "Buy and Forget" :D

firehawk

4,782 posts

Posted by firehawk > 2021-11-03 08:24 | Report Abuse

Yesterday people bargain hunting and today earning .... this freak put all eggs in one basket and suggest above trading ....

garychee8

405 posts

Posted by garychee8 > 2021-11-03 10:36 | Report Abuse

This crap master should jaksai la...why still here talking craps on daily basis...

Aseng

8,633 posts

Posted by Aseng > 2021-11-03 12:28 | Report Abuse

My exit plan is RM1.50 or 2 years whichever is earlier .

Strategy : buy and forget but never forget to make some kopi-o money when people are cursing the market

Aseng

8,633 posts

Posted by Aseng > 2021-11-03 12:32 | Report Abuse

When my TP is still far away,
Daily price fluctuations is actually none of my business but a big business to my kopi-o


Shares trading belong or favor those who have extra money to buy a kopi-o

Aseng

8,633 posts

Posted by Aseng > 2021-11-03 12:34 | Report Abuse

Do not scold me ,
You should scold yourself because you do not know how to play the buy and forget game .

goldenluck16

1,956 posts

Posted by goldenluck16 > 2021-11-03 12:39 | Report Abuse

You buy, you bye bye.

goldenluck16

1,956 posts

Posted by goldenluck16 > 2021-11-03 12:41 | Report Abuse

Among the worst performing counter in Bursa,..it's a non-stop money sucking counter. Avoid.

Aseng

8,633 posts

Posted by Aseng > 2021-11-03 12:51 | Report Abuse

Garychee8,

You fail in your investment because you do not have a direction

The way Aseng invest in Jak
The way Sslee invest in insas
Are good examples

They know what they are doing
They believe what they are doing is right
They also know sometime we got to wait longer , sometime we do not need to wait longer to see the handsome return
Price can go up today but also can go down tomorrow

That is why they never scold anyone or the market .

You are not qualify to scold me because you did not tell me you are my follower .

You are committing a sin that will bring you bad lucks and lose more money later .

Aseng

8,633 posts

Posted by Aseng > 2021-11-03 13:06 | Report Abuse

My good friends

My analysis of the short selling told yesterday and today and most likely the short selling can be very fierce.
Why increase in stamp duties

For you information , I prepare to buy 200000 shares for kopi-o money
First 100000 will queue at 0.43 , the next 100000 may be at 0.4 or lower .

This is not a buy call but my I intent to do when I believe that value has emerged and put my belief to market test .

What is my cut loss point?
May be 0.38
May be no cut loss

When you have extra cash, you always have a choice to make. Not force to do something you do not like .

Aseng

8,633 posts

Posted by Aseng > 2021-11-03 13:08 | Report Abuse

For you information
Today I collected some pelican for another cup of kopi-o kaw . Just matched at 0.525

Aseng

8,633 posts

Posted by Aseng > 2021-11-03 13:10 | Report Abuse

Firehawk,

Do you see the difference

The way I bargain hunt and the way you bargain hunt .

Shame on you
Telling lie here
Fake guru

Aseng

8,633 posts

Posted by Aseng > 2021-11-03 13:21 | Report Abuse

For your information, my kopi-o bet is never more than 2 weeks other than Jaks
My next kopi-o bet is aemulus .
Not a buy call but my intention to do

garychee8

405 posts

Posted by garychee8 > 2021-11-03 14:52 | Report Abuse

Hahaha..more crap stories fr the crap master..meanwhile jaksai continue to laosai...

Aseng

8,633 posts

Posted by Aseng > 2021-11-03 16:06 | Report Abuse

Don't torture yourself here

Balik kampong tana uni lah

Share trading is not for people like you

firehawk

4,782 posts

Posted by firehawk > 2021-11-03 17:11 | Report Abuse

Wah! He got a title Crap master ah?

No wonder all the fart out is so stink !!

firehawk

4,782 posts

Posted by firehawk > 2021-11-03 17:14 | Report Abuse

And fart a lot ....

Aseng

8,633 posts

Posted by Aseng > 2021-11-03 19:11 | Report Abuse

There is a Chinese saying 惱羞成怒

Translated into English

become [turn] angry from embarrassment;
extreme shame turns into anger.
fly into a rage out of humiliation;
fly into a rage with [from] shame;
fly into a shameful rage;
lose one's temper from embarrassment;
so ashamed that one is incited to anger;
the shamed person flew into a rage.;
turn shame into anger

Firehawk,
Which one ismore appropriate for current position

Aseng

8,633 posts

Posted by Aseng > 2021-11-03 19:22 | Report Abuse

Firehawk,

With standard of good gentlemanhood you had exhibited thus far, I doubt anyone here dare to put his name together with you . May be garychee8 can be your good friend . Both of you smell the same . As you said, fart a lot...stinky

firehawk

4,782 posts

Posted by firehawk > 2021-11-03 20:55 | Report Abuse

HA Ha Ha .... crap master, crap master, crap master :D:D:D


Everyone greeting you as crap master ... just bcos you are a genuine crap master .... Aren't you??

Ha Ha Ha !!

Aseng

8,633 posts

Posted by Aseng > 2021-11-03 22:17 | Report Abuse

we witnessed the whole process.
a self proclaimed sifu turned into a fake sifu and finally become a fishwoman.


Firehawk,
do you know what is fishwoman ?

according to web dictionary ,
it is explained as followed
"a woman hysterically shouting and cursing in public; (like) a sharp-tongued woman cursing loudly in public; bark out a string of dirty words; like a shrew shouting abuse in the street"

Aseng

8,633 posts

Posted by Aseng > 2021-11-03 22:21 | Report Abuse

Firehawk ,

I notice you like to fight in the forum
to prove other wrong
scold or curse others

but

i noticed you lack the skill

for your information,

next month I am going to conduct a course titled " the art of fishwoman"

please PM me if you are interested .

firehawk

4,782 posts

Posted by firehawk > 2021-11-03 22:28 | Report Abuse

Fart Again!

Everyone greeting you as crap master ... just bcos you are a genuine crap master .... Aren't you??

HA HA Ha

Aseng

8,633 posts

Posted by Aseng > 2021-11-03 22:43 | Report Abuse

understood .

thank you

Aseng

8,633 posts

Posted by Aseng > 2021-11-03 22:57 | Report Abuse

by the way did you buy pelikan and aemulus

based on my chart reading skill
2 week to gain a cup of kopi-o

not a buy call
but a good intention of Aseng
and a test for the chart reading skill

anyhow
the decision is yours
no promise or guarantee from Aseng

good lucks

firehawk

4,782 posts

Posted by firehawk > 2021-11-03 23:00 | Report Abuse

nonsense!

don't fart too much!

Aseng

8,633 posts

Posted by Aseng > 2021-11-03 23:00 | Report Abuse

..............

company.................Monday........Friday 1.....Friday 2.....Friday 3.......Friday 4
Starting Date :20.09.2012
(closing price ).................................................................................................

ANCOM..................1.82..............1.94............2.30..............2.56............2.57
INARI......................3.78..............3.66............3.70..............3.78............3.89
SURIA....................1.22..............1.28............1.28.............1.25............1.25
UNITED U-LI..........1.59..............1.51............1.56.............1.5

Aseng

8,633 posts

Posted by Aseng > 2021-11-03 23:08 | Report Abuse

see it yourselves , these are the stocks that i had chosen based on my chart reading skill and put it to a test in the market, and it is shared publicly in our chat group.

the success of achieving a significant gain is just 25% so far .

the purpose of this test is to determine whether it is good to switch other stocks when jaks is showing a disappointing performance in the market .

conclusion :
whether we make a switch or no switch , we will most probably have the same disappointment and frustration if we are too anxious to gain .

Aseng

8,633 posts

Posted by Aseng > 2021-11-03 23:19 | Report Abuse

Firehawk,

do you have anything stock picks to show?

firehawk

4,782 posts

Posted by firehawk > 2021-11-03 23:31 | Report Abuse

thanks for yr sharing ...
I hv my own consideration on stocsk picking.

Back to JAKS, now price depressed is bcos now is the PP price-fixing period .... those familiar with PP price fixing phenomenon understand what I say and know roughly about how the price is going to trend .....

PP qty and issued price is the event to take note....

firehawk

4,782 posts

Posted by firehawk > 2021-11-03 23:35 | Report Abuse

this type of stock hv to understand what the operator think, not what we think .....

Aseng

8,633 posts

Posted by Aseng > 2021-11-04 10:17 | Report Abuse

My good friend ,
Please do not talk this sort of nonsense
If we can know what the operator thinks , then we are the richest man in the world.

garychee8

405 posts

Posted by garychee8 > 2021-11-04 10:58 | Report Abuse

Firehawk..no point arguing with this old crap..he is the greatest trader here..everyone is wrong except him..but i wonder who got trap in Jaksai????? sudah lah, berambus fr this forum and i am sure jaksai will fly...

Aseng

8,633 posts

Posted by Aseng > 2021-11-04 11:36 | Report Abuse

what is inferiority complex ?


an unrealistic feeling of general inadequacy caused by actual or supposed inferiority in one sphere, sometimes marked by aggressive behaviour in compensation.

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