JAKS RESOURCES BERHAD

KLSE (MYR): JAKS (4723)

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Last Price

0.13

Today's Change

0.00 (0.00%)

Day's Change

0.13 - 0.135

Trading Volume

2,624,600


41 people like this.

64,887 comment(s). Last comment by Mikecyc 3 hours ago

Tyre220069

601 posts

Posted by Tyre220069 > 2022-02-21 11:51 | Report Abuse

Bear in mind today index dropped 15 points but Jaks up with high volume...down future up .. tomorrow to test the next hurdle 46 ,if broken ..will break 50 easily

Posted by moremoneyooo > 2022-02-21 13:15 | Report Abuse

Strong buying volume.

paktua73

18,288 posts

Posted by paktua73 > 2022-02-21 13:27 |

Post removed.Why?

Tyre220069

601 posts

Posted by Tyre220069 > 2022-02-21 15:11 | Report Abuse

Paktua..you will get 53.5 next month

paktua73

18,288 posts

Posted by paktua73 > 2022-02-21 15:25 |

Post removed.Why?

Pinky

3,458 posts

Posted by Pinky > 2022-02-21 16:09 | Report Abuse

gostan

Hafez009

117 posts

Posted by Hafez009 > 2022-02-21 17:33 | Report Abuse

This week mesti break 0.46..if not collect at 0.39 again

Pinky

3,458 posts

Posted by Pinky > 2022-02-21 21:58 | Report Abuse

As long as Q4 results in line, JAKS will have full year results incorporating the power plant contribution. PE below 10!

RAbbit494

330 posts

Posted by RAbbit494 > 2022-02-22 00:05 | Report Abuse

saya akan tunggu 039-038 kalau tak dapat saya akan cari kaunter lain.
TP1 050-055 TP2 1.00-1.20

Good Luck
selamat berehat

Hafez009

117 posts

Posted by Hafez009 > 2022-02-22 12:25 | Report Abuse

Buang retailer lagi ka adoii..susah mau bg angpow la ini Shark

Nkk1370

277 posts

Posted by Nkk1370 > 2022-02-22 13:00 | Report Abuse

Add 0.42

Hafez009

117 posts

Posted by Hafez009 > 2022-02-22 14:52 | Report Abuse

Nkk1370 let it go down a little bit..area 0.4-0.41

HrryPttr

1,975 posts

Posted by HrryPttr > 2022-02-22 16:30 | Report Abuse

No more show

Pinky

3,458 posts

Posted by Pinky > 2022-02-22 17:58 | Report Abuse

Ok la still maintain above 40

Pinky

3,458 posts

Posted by Pinky > 2022-02-23 09:47 | Report Abuse

Siapa lari semalam siapa rugi

Hafez009

117 posts

Posted by Hafez009 > 2022-02-23 11:58 | Report Abuse

Tunggu bawah lg..please drop to 4 kupang

HrryPttr

1,975 posts

Posted by HrryPttr > 2022-02-23 16:16 | Report Abuse

Still waiting TP 80 ct? Maybe next 3 years if lucky

Posted by Investing_Bursa > 2022-02-23 22:51 | Report Abuse

Good closing , lets see if tomorrow will test recent high

HrryPttr

1,975 posts

Posted by HrryPttr > 2022-02-24 12:57 | Report Abuse

4 kupang ady, you buy all?

cckiong

242 posts

Posted by cckiong > 2022-02-24 17:41 | Report Abuse

With a power plant also can loss like shit

Posted by darren2021 > 2022-02-24 17:42 | Report Abuse

yalah...confirm earning from power plant still loss...nothing is confirm for this company

Hafez009

117 posts

Posted by Hafez009 > 2022-02-24 17:46 | Report Abuse

Welcome to holland

densim

284 posts

Posted by densim > 2022-02-24 17:48 | Report Abuse

what happned to this JAKS....?...Suppose to bring in untold riches from their energy project in Viet..!!!....

Pinky

3,458 posts

Posted by Pinky > 2022-02-24 18:00 | Report Abuse

Shit this time really Holland liao

Posted by MikiMouse69 > 2022-02-24 18:18 | Report Abuse

Good result. Can buy tomorrow

Sslee

6,461 posts

Posted by Sslee > 2022-02-24 19:53 | Report Abuse

Q4 Revenue: RM 20 million NP negative 36.3 million. Well done ALP.
By the way JHDP JV share of profit q4 RM 28.58 million and for whole year RM 139.28 milli9n.

lcng123

1,122 posts

Posted by lcng123 > 2022-02-24 19:57 | Report Abuse

Construction and Property posted loss, provision for impairment and lower income from Vietnam power plant caused this quarter loss

Pinky

3,458 posts

Posted by Pinky > 2022-02-24 20:09 | Report Abuse

FY 2021 results as full year looks decent, not really wonderful. Dragged by poor Q4.

Or did I miss something here? Consider very good already?

NorazmiAR

104 posts

Posted by NorazmiAR > 2022-02-24 20:24 | Report Abuse

Fortunately I have sold all JAKS share today with total loss 26k...very sad because following many taiko promoting this stock...shifting shooting star Palm Oil stocks. Hope can recover back. Good luck to others who still stay here

Posted by humblechung > 2022-02-24 20:30 | Report Abuse

Finished. ... finished .

Gohgal

12 posts

Posted by Gohgal > 2022-02-24 20:34 | Report Abuse

really jaksai

lcng123

1,122 posts

Posted by lcng123 > 2022-02-24 20:36 | Report Abuse

Jaks has provision for impairment in 4th quarter 2 years continuously. I just wondering why the income from Vietnam power plant posted RM28.6mil only compare to 3rd quarter of RM43.3mil. In fact I expected higher than RM43.3mil due to a lot of Vietnam factories shutdown caused less power consumption during 3rd quarter 2021

ming

2,081 posts

Posted by ming > 2022-02-24 20:55 | Report Abuse

Impairment Loss on Goodwill
Allowance for Impairment of Receivables

About 46mil

mita29

1,064 posts

Posted by mita29 > 2022-02-24 20:56 | Report Abuse

yeah provision for impairment on Q4 again. adui, sentiment is already bad enough with the war on going in Ukraine.

pampers

358 posts

Posted by pampers > 2022-02-24 21:03 | Report Abuse

Posted by ming > Feb 24, 2022 8:55 PM | Report Abuse

Impairment Loss on Goodwill
Allowance for Impairment of Receivables

About 46mil

Got one more impairment for investment property about 4.7mil,
So total impairment is about $50mil

Pinky

3,458 posts

Posted by Pinky > 2022-02-24 21:09 | Report Abuse

I think I will hold for another 1-2 quarters. I can wait.

Posted by Shareview123 > 2022-02-24 21:22 | Report Abuse

End of Feb 2019, KNM announced results with huge losses ofmore than 600 millions due to impairment and written off of goodwill, but its share price went up from around 6 sen to around 44sen sometimes in August 2019.

noah

408 posts

Posted by noah > 2022-02-24 23:34 | Report Abuse

These are main culprits drag down Q4 into losses.

Impairment Loss on Goodwill RM22
Allowance for impairment of receivables RM23m
Impairment on Investment Property RM4.75m

However, management did not disclose detailed explaination on these

gemfinder

6,880 posts

Posted by gemfinder > 2022-02-24 23:37 |

Post removed.Why?

noah

408 posts

Posted by noah > 2022-02-24 23:38 | Report Abuse

On the Allowance for impairment of receivables RM23m

From previous AR
"As at 31 December 2020, trade receivables of the Group and of the Company RM173,437,636 and RM2,100,000 (2019: RM184,108,159 and Nil) were past due but not impaired. These relate to a number of independent customers for whom there is no recent history of default."

With amount of RM141,065,779 pass due more than 90 days as of 31 Dec 2020.

firehawk

4,782 posts

Posted by firehawk > 2022-02-24 23:44 | Report Abuse

mita29 MFCB haha.. Mini MFCB i happy dy.
05/01/2022 3:22 PM

dun be too disappointed, be happy... Mini MFCB is forming ......

ming

2,081 posts

Posted by ming > 2022-02-25 01:44 | Report Abuse

Dayang story or msm ? xD

mita29

1,064 posts

Posted by mita29 > 2022-02-25 08:12 | Report Abuse

I vote dayang xD

Sslee

6,461 posts

Posted by Sslee > 2022-02-25 08:38 | Report Abuse

JIC and 51% subsidiary companies goodwill and money owe intercompany loans/advances/payables to Jaks will be impaired one by one.

Sslee

6,461 posts

Posted by Sslee > 2022-02-25 08:39 | Report Abuse

The question who will benefit from these impairment?

HrryPttr

1,975 posts

Posted by HrryPttr > 2022-02-25 09:17 | Report Abuse

Below 4 kupang, you all in ke?

Posted by MikiMouse69 > 2022-02-25 09:20 | Report Abuse

The worst is over for jaks. Good entry price

paktua73

18,288 posts

Posted by paktua73 > 2022-02-25 09:22 |

Post removed.Why?

cckiong

242 posts

Posted by cckiong > 2022-02-25 09:28 | Report Abuse

Jaks management again has integrity issue

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