JAKS RESOURCES BERHAD

KLSE (MYR): JAKS (4723)

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Last Price

0.195

Today's Change

0.00 (0.00%)

Day's Change

0.19 - 0.20

Trading Volume

15,779,900


36 people like this.

54,466 comment(s). Last comment by soon9913 2 days ago

SomaCruz89

141 posts

Posted by SomaCruz89 > 2 months ago | Report Abuse

I believe we all can fly like AAX

i3lurker

12,218 posts

Posted by i3lurker > 2 months ago | Report Abuse

sslee
no worries
I will propose to Andy to takeover my nasi lemak menu rahmah business for RM10 Billion. I am sure Andy will approve it as a nation building exercise
so new adjusted Goodwill = RM10,023.5 million to be amortized over 1,000 years



Sslee

Let say local business still bleeding RM 50m per year, still got RM 100m profit from power plant.

You forget to put in another RM 50M for impairment loss on goodwill and receivables + another RM 14M on LTIP expenses.

The good news is the balance on Goodwill in Balance sheet is now RM 23.5 M

1 day ago

SomaCruz89

141 posts

Posted by SomaCruz89 > 2 months ago | Report Abuse

Pacific Star review by Sean Tan
https://youtu.be/jT_2Y5T8F2g

Posted by ValueInvestor888 > 2 months ago | Report Abuse

@sslee, that is a risk of investing at lousy mgt that investors need to know. All those promising calculation by some really made a lot investors who lost heavily.

At current mkt cap of RM 400m, i will bet small. Has the kitchen sinking exercise almost done in you view?

Sslee

1,531 posts

Posted by Sslee > 2 months ago | Report Abuse

At this price is very tempting.
Someone is pushing down the price for big boss to collect PP cheaply.
Once PP is over then price will be pushed up for big boss to sell and the cycle repeat again.

Sslee

1,531 posts

Posted by Sslee > 2 months ago | Report Abuse

I think the kitchen sinking exercise is almost done the only unknow is the outcome of court case with Star and Other.

Posted by The_JQuestion > 2 months ago | Report Abuse

WOw ssleee upbeat .... put into watch list to collect

SomaCruz89

141 posts

Posted by SomaCruz89 > 2 months ago | Report Abuse

Cheap sales lai liao. Buy before the end of the sale!

Posted by ValueInvestor888 > 2 months ago | Report Abuse

Bet not more than 20% of your funds at current price should be ok... I also think kitchen sinking exercise is almost done.

After operators collect enough, promoters will surface again, of course with difference names....

Posted by ValueInvestor888 > 2 months ago | Report Abuse

This year power play :
Toyoven - price goes up from 60 sen to RM 1.40 in few month times
YTL Power - price goes up from 66 sen to 85 sen
jaks - price at historical low. Current mkt cap = RM 400m. Power plant share of profit RM 150m per year + LSS4 profit (COD by 2nd quarter 2023) minus local business losses.

Posted by SarifahSelinder > 2 months ago | Report Abuse

Suffer la akibat nya

No DEAL WITH THE DEVIL

Just88

288 posts

Posted by Just88 > 2 months ago | Report Abuse

What is the biggest fear about jaks now?

amateurJR

2,323 posts

Posted by amateurJR > 2 months ago | Report Abuse

This company lousy la.

SomaCruz89

141 posts

Posted by SomaCruz89 > 2 months ago | Report Abuse

Fear of losing the golden opportunity to collect cheap ticket before the share price fly high and break new ATH

Posted by SarifahSelinder > 2 months ago | Report Abuse

Andy

Coherence is important

Andy

SomaCruz89

141 posts

Posted by SomaCruz89 > 2 months ago | Report Abuse

OMMGG JAKS no need defender but whale/shark to pump it

Posted by SarifahSelinder > 2 months ago | Report Abuse

Or Andy

NOW NOW NOW NOW is the best time to declare dividend

Sarifah pasti at current price byk kan buat DRP

Declare dividend NOW!!

Declare NOW!!!!!

Sarifah want to do Dividend Reinvestment Plan at current price

Posted by SarifahSelinder > 2 months ago | Report Abuse

Can declare DRP NOW

NOW!!!

c72m Vietnam IPP dividend already kat bank

Posted by SarifahSelinder > 2 months ago | Report Abuse

Andy

Declare an interim single tier dividend of 3 sen per share NOW!!

NOW!!!!

curiousq

335 posts

Posted by curiousq > 2 months ago | Report Abuse

YEs, will declare 3 sen div for hariraya enjoyment !!
investors, especially muslim imvestora are extremely happy !!

curiousq

335 posts

Posted by curiousq > 2 months ago | Report Abuse

wet wet song

hng33

19,038 posts

Posted by hng33 > 2 months ago | Report Abuse

Bought jals at 19.5sen

Posted by SarifahSelinder > 2 months ago | Report Abuse

Adoi

Sia sia je effort Sarifah explain panjang lebar tapi lagi lagi u x faham

Hope long suffering in denial x sama mcm u

Hope long suffering in denial faham what Sarifah is talking about

Sarifah nak Andy pay dividend NOW is so that existing shareholders can do DRP at current low price


Instead of Andy doing PP at current crazy low price

Klau existing shareholders plot back the fund back into JAKS JAKS kan has the fund jadi x payah buat the 10% PP


Declare dividend skrg is not for u to take out the fund to enjoy

SomaCruz89

141 posts

Posted by SomaCruz89 > 2 months ago | Report Abuse

I can sense something big is coming for JAKS. Stay tuned!

curiousq

335 posts

Posted by curiousq > 2 months ago | Report Abuse

Is very good to promote Malay as business language ..... it's better if using pure Malay, so that, the investors here are not learning the "rojak" type of Malay .....

hng33

19,038 posts

Posted by hng33 > 2 months ago | Report Abuse

I think jaks further downside risk is very limited now.

curiousq

335 posts

Posted by curiousq > 2 months ago | Report Abuse

Maybe your Andy also come to read, so, let Andy learn standard Malay !!

Posted by def147258 > 2 months ago | Report Abuse

Share a good teacher, when I met Glove Stock, it was the teacher who helped me to solve it and helped my stock market slowly recover losses. I hope that retail investors can unite. What good news can be shared together and spent the difficulties together!

curiousq

335 posts

Posted by curiousq > 2 months ago | Report Abuse

Although bumiputra investora instructed him to pay 3 sen dividend, don't be too optimistic to get the 3 sen, especially before Hari raya

Posted by SarifahSelinder > 2 months ago | Report Abuse

Adoi u are hopeless just hopeless lagi lagi x faham

Posted by SarifahSelinder > 2 months ago | Report Abuse

Andy

Declare the 3 sen dividend NOW

Nak bikin DRP skrg jugak NOW

curiousq

335 posts

Posted by curiousq > 2 months ago | Report Abuse

Hopeless? really hopeless promotes rojak Malay ..... your Andy will obey your instruction to pay 3 sen for you to do DRP ...... surely he wont make you hopeless :D :D :D

swimvshark

127 posts

Posted by swimvshark > 2 months ago | Report Abuse

Jaks wont drop below 185. you see the movement today you know. it only will go up from now.

Posted by SarifahSelinder > 2 months ago | Report Abuse

Adoi hopeless

The reason mahu divvy is to prevent the unnecessary PP by DRP

Posted by SarifahSelinder > 2 months ago | Report Abuse

Andy

One just don't do PP so can pay divvy

Elementary

curiousq

335 posts

Posted by curiousq > 2 months ago | Report Abuse

some sifus faced margin call and no more money to average down ..... but never cried

Posted by ValueInvestor888 > 2 months ago | Report Abuse

The fear of Jaks would be which made price so depressed:
1. ALP poor business ventures both new and old ones. Obvious all his ventures failed except for Jaks Power Plant in Vietnam which is run by Chinaman not him.
2. Every year or endless PP or RI
3. Impairments of Receivables

swimvshark

127 posts

Posted by swimvshark > 2 months ago | Report Abuse

It's floor price already. Want drop have to dig hole

Posted by ValueInvestor888 > 2 months ago | Report Abuse

Time to apply Warren Buffet's be greedy when others are fearful when all investors are losing moeny? To me jaks is speculative stock unless ALP proves otherwise...

Posted by ValueInvestor888 > 2 months ago | Report Abuse

I think now is lowerest for operators to collect and goreng one round. I think they will goreng to above 40 sen if history repeat.

Posted by ValueInvestor888 > 2 months ago | Report Abuse

Jaks is better off just to maintain vietnam power plant and appoint a monkey as CEO with yearly profit of RM 150m. With so many failed business ventures, only get profit of RM 100m or maybe lesser.

$$ BUYSELL $$

1,511 posts

Posted by $$ BUYSELL $$ > 2 months ago | Report Abuse

Blacklist Conman counter , you buy you lose more 100% guarantee.

i3lurker

12,218 posts

Posted by i3lurker > 2 months ago | Report Abuse

sslee
if those PP continues, the final resting place will be RM0.02 to RM0.06 per share
then share consolidation
then more PP
you could lose 99.9% of your capital


Sslee

At this price is very tempting.
Someone is pushing down the price for big boss to collect PP cheaply.
Once PP is over then price will be pushed up for big boss to sell and the cycle repeat again.

4 days ago

Sslee

1,531 posts

Posted by Sslee > 2 months ago | Report Abuse

Good morning i3lurker,
I bought some Jaks at 19 and 18.5 cents. Hope to get some free beer and lobsters so wish me luck.

Sslee

1,531 posts

Posted by Sslee > 2 months ago | Report Abuse

Thanks i3lurker,
Sometime need to support a friend, hope Aseng is doing well in his other stocks holding.

i3lurker

12,218 posts

Posted by i3lurker > 2 months ago | Report Abuse

be careful who you choose your friends becoz the friend of my Enemy is my Enemy

BobAxelrod33

1,543 posts

Posted by BobAxelrod33 > 2 months ago | Report Abuse

Lurker, of course, the friend of your enemy is your enemy, but the enemy of your enemy is your "friend" I suppose?

SomaCruz89

141 posts

Posted by SomaCruz89 > 2 months ago | Report Abuse

Cheap sales period extended. More time to collect more for multi-bagger gains

alenac

2,454 posts

Posted by alenac > 2 months ago | Report Abuse

Will this cheap counter make money with rising interest rates on borrowings? Hardly. Buy to hit and run, ok with good timing and swimming with sharks.

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