Posted by Apeinvestor > 2022-03-04 08:40 | Report Abuse

Jaks financial performance has improved and fy2021 is a complete turnaround from last year?s loss of RM128 million. See, JAKS is showing good improvement in its financial performances fueled by their strategic business investment? plus all the potential hydro project in Sabah and LNG project in Vietnam. Don?t also forget their LSS4 that is progressing?

Posted by JimmySooong > 2022-03-04 10:12 | Report Abuse

@Apeinvestor Hhmmmm maybe dividend from vietnam power plant on the way for this year?

Posted by Boon Keng > 2022-03-04 15:37 | Report Abuse

too good to be good. the price quite attractive now.

Posted by curiousq > 2022-03-07 08:24 | Report Abuse

tut tut don want to buy?
tutu tut don believe 150?

Posted by garychee8 > 2022-03-07 10:29 | Report Abuse

YAY 0.30..shall i buy and go away for 2 yrs....hmm

Posted by goldenluck16 > 2022-03-07 11:29 | Report Abuse

Can buy if below 20 sen

Posted by paktua73 > 2022-03-07 12:35 |

Post removed.Why?

Posted by garychee8 > 2022-03-07 15:56 | Report Abuse

tak lama lagi sarung pun tergadai..tut tut

Posted by carimakan > 2022-03-07 16:18 | Report Abuse

habis ini macam.. dgn sifu2 pon tenggelam..adoi!

Posted by stockwin > 2022-03-10 21:23 | Report Abuse

Jaks Market Capital is RM654M
Annual PAT from Vietnam Power plant:- Approx RM150 [ 40% share] guaranteed
PE = 4.36 times.
{Assuming all other business only breakeven or best still sell all other business and only focus on power plant }
so at current price of 32 sen and below, can you go wrong?? yes,Unless someone screw the company.

Posted by Pinky > 2022-03-11 20:30 | Report Abuse

The prob is they're still bleeding at their local operations

Posted by skl4723 > 2022-03-12 14:50 | Report Abuse

RM150 mil is almost constant for another 24 years. local operations can't be forever bleeding. price is very much undervalued

Posted by winston1 > 2022-03-12 22:55 | Report Abuse

Surprised that there are still people believing this stock. So many having paper loss all the way but still stay invested. Better to cut-loss.

Posted by stockwin > 2022-03-13 15:46 | Report Abuse

I think this is probably the best time to relook at Jaks. The sifus ignore this stock. The IB are not keen to look.
If one buy at 30 sen now and hold for 2 years, it could probably hit 60 sen or more. The star attraction is always the approx RM150M yearly profit from PP.
Buy when everyone dislike it and sell when everyone is loving it.

Posted by gemfinder > 2022-03-13 16:04 |

Post removed.Why?

Posted by curiousq > 2022-03-13 17:19 | Report Abuse

tut tut see rm0.265 .... adui ......

Posted by stockwin > 2022-03-13 18:15 | Report Abuse

30 sen, I will buy any day and come back in 2 years.

Posted by SinGor > 2022-03-14 10:55 | Report Abuse

according to Steel supplier, steel price is Not going to drop in next 15months ( Russian banned cheap steel making minerals from Export ) Steel price Up 60--120% in 15 Days.......I think Jaks Local Construction Co. will suffer heavy losses

Posted by investopology > 2022-03-15 17:15 | Report Abuse

20c in the making

Posted by nekosaan > 2022-03-15 17:19 | Report Abuse

habisssssssssss, game over !

Posted by Boon Keng > 2022-03-15 20:06 | Report Abuse

PETALING JAYA, 15 March 2022 – JAKS Resources Berhad (“JAKS” or the “Group”), a construction and power holdings company specialising in water and other infrastructure projects and energy development, is pleased to announce that its wholly-owned subsidiary, JAKS Solar Nibong Tebal Sdn Bhd has achieved financial close for its Large-Scale Solar 4 (“LSS4”) project located in Seberang Perai, Pulau Pinang.
The financing of the LSS4 project was granted by AmBank Islamic Berhad and United Overseas Bank (Malaysia) Berhad.
JAKS was one of the 10 winning bids that was selected for Package 2 of the LSS4 project, to develop the new large scale solar photovoltaic plants with a solar power capacity of 50-megawatt back in March 2021. Subsequently, a power purchase agreement was signed with Tenaga Nasional Berhad in August for a period of 21 years from the commercial operations date. Commencement of the commercial operations is scheduled for 2023.
“We are extremely delighted to achieve this financial close milestone of the LSS4 project. As the LSS4 represents our maiden project within the renewable energy segment, we have and will continue to place additional emphasis on ensuring its successful and efficient delivery. The development of the project is progressing within the stipulated timeframe and we are now working towards meeting the next milestone promptly. This will be the stepping-stone for the Group to grow its business and invest in the energy sector. With the proven results of our strategy to shift our reliance away from being a pure construction player to having stable recurring earnings from power and energy assets, the Group will continue its progress on conducting feasibility studies to explore the development of other renewable energy assets and/or projects to provide substantial long-term growth for our stakeholders,” commented JAKS chief executive officer Andy Ang Lam Poah.

Posted by trader168 > 2022-03-15 23:03 | Report Abuse

LSS4 Contract with Tnb for 21 yrs confirm....tommorrow fly...

Posted by tokhang21 > 2022-03-16 14:52 | Report Abuse

its coming

Posted by investopology > 2022-03-16 16:38 | Report Abuse

Contruction not at this forum lah.

Posted by enciktal > 2022-03-16 20:39 | Report Abuse

Double bottom on the way up?

Posted by enciktal > 2022-03-17 01:17 | Report Abuse

20pc in the making? Resistance 36.5 - 37

Posted by freddiehero > 2022-03-17 07:14 |

Post removed.Why?

Posted by paktua73 > 2022-03-17 17:59 |

Post removed.Why?

Posted by HamsterHuat > 2022-03-18 22:42 | Report Abuse

beli lagi @paktua73.
average down lah.
31 sen pun ok lah

Posted by HamsterHuat > 2022-03-24 18:51 | Report Abuse

Ala....@Paktua73....
Tak beli ke..31 sen....
Sekarang naik 33.5 sen lah

Posted by paktua73 > 2022-03-25 21:12 |

Post removed.Why?

Posted by HamsterHuat > 2022-03-26 23:24 | Report Abuse

Adio hai @paktua73
Sedih dengar tak dapat telan 0.31

Kena sabar lah.....ini ALP pundek..tak guna langsung.

Posted by henry888 > 2022-03-27 07:48 | Report Abuse

Paktua73 sudah "tut tut" familiar tune used. Dia sekarang tunggu ambit profit. Tidak tahu dia TP berapa ?

Posted by Superb99 > 2022-03-28 11:14 | Report Abuse

ini lonkang counter, 1 hari show sudah gg

Posted by Pinky > 2022-03-28 11:26 | Report Abuse

Can reenter now? Hmm

Posted by Superb99 > 2022-03-28 11:39 | Report Abuse

i personally think it is not advisable as it shows weaker momentum now but if you don't mind to stuck your money here for some time then may give a try

Posted by Pinky > 2022-03-28 11:41 | Report Abuse

I entered 42 sen and cut loss at 38 sen

Now look tempting hahaha

Posted by Pinky > 2022-03-28 14:51 | Report Abuse

Okay I'm back in. This time I will really hold for 2 times quarterly announcements before decide hold or exit

Posted by HamsterHuat > 2022-03-28 23:38 | Report Abuse

Woi...@paktua73....cepat beli....
@pinky pun dah beli...

Beli beli

Posted by Pinky > 2022-03-29 00:13 | Report Abuse

@HamsterHuat I'm nobody, paktua is one level above me

Posted by mita29 > 2022-03-29 22:42 | Report Abuse

Im still holding, yawn... average down abit at 0.3.. I officially become "long term investor" of this stock, muahahhaa.

Posted by cashsssss > 2022-03-31 14:21 | Report Abuse

hope can sustain current price .. drop so much d.

Posted by gohkimhock > 2022-04-03 18:39 | Report Abuse

failing to cut loss is the main reason people got burnt badly in stockmarket. Nobody can fight the trend.

Posted by Bullcoming > 2022-04-04 12:59 | Report Abuse

Expect Jaks will rebound to 48cts & beyond

Posted by Pinky > 2022-04-04 13:24 | Report Abuse

With commencement of its LSS4 project, it is expected to recognise project revenue from it to cover losses from its local operations. Things can only become better from now on.

Posted by Michael Kwok > 2022-04-04 14:28 | Report Abuse

Q buy 35 cents.now 14.27pm 4/4/2022.Sell at 40 cents.q 5 days.

Posted by Pinky > 2022-04-04 14:50 | Report Abuse

14% only, so unambitious?

Posted by Jasonwantyou > 2022-04-04 18:23 | Report Abuse

not a good sign for commodities and solar cost increase. next qr getting worse

Posted by luckyman > 2022-04-04 19:03 | Report Abuse

The low hanging fruits for Jaks are buying the additional 10% in the Vietnam power plant and disposing of the malls immediately.

Won't be surprised to see its share price shoot up drastically if it does these two simultaneously as it will become a pure power & profit generating company.

Posted by i3lurker > 2022-04-04 20:27 | Report Abuse

Jaks share price is expected to dive down even deeper possibly reaching 20 sen due to large number of abandoned solar projects in Malaysia as solar construction costs increase by 300%.

Only 2 choices available
Solar Projects Owners just jump from Penang Bridge
or
abandon projects