JAKS RESOURCES BERHAD

KLSE (MYR): JAKS (4723)

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Last Price

0.175

Today's Change

-0.005 (2.78%)

Day's Change

0.17 - 0.18

Trading Volume

30,082,600


39 people like this.

64,331 comment(s). Last comment by Mikecyc 1 day ago

Johnchew5

10,634 posts

Posted by Johnchew5 > 2023-07-19 19:09 | Report Abuse

Hoho what happened after HRC and Petronm are dropped from above RM 7.00 to RM 4.00 ..RM 3.00 …

Probability said Sorry and Sayonara…

i3lurker

13,606 posts

Posted by i3lurker > 2023-07-19 19:13 | Report Abuse

Those who are slightly and or marginally affected by the "Sorry about the mistake" please reconsider your trip to Penang Bridge.

Johnchew5

10,634 posts

Posted by Johnchew5 > 2023-07-19 19:14 | Report Abuse

Hoho Repost :


JAKS offers shares under long-term incentive plan to directors, employees
By Priyatharisiny Vasu / theedgemarkets.com


14 Sep 2022, 10:25 pm


KUALA LUMPUR (Sept 14): JAKS Resources Bhd has offered share options under its long-term incentive plan (LTIP) to eligible directors and employees of the group and its subsidiaries.

In a filing with Bursa Malaysia, JAKS said the 57 million LTIP shares are offered at an exercise price of 23.7 sen per share.

Of these, 30 million shares are offered to directors, comprising 17 million to chief executive officer and managing director Ang Lam Poah, eight million to executive director Datuk Razali Merican Naina Merican, and five million to executive director Ang Lam Aik.


Another 13 million shares are offered to the group's senior management, and two million to other selected employees and executives.

JAKS' share price closed flat at 26 sen on Wednesday (Sept 14), valuing the group at RM521.17 million.


Over the last one year, the counter has declined by 46%.

Johnchew5

10,634 posts

Posted by Johnchew5 > 2023-07-19 19:18 |

Post removed.Why?

Johnchew5

10,634 posts

Posted by Johnchew5 > 2023-07-19 22:17 | Report Abuse

Posted by Johnchew5 > 3 days ago | Report Abuse

# Copied from Gotyou Blog :


2. The loan tenure for the power plant in Vietnam is 10 years.


Total project cost was USD1.87 billion with 75% bank borrowing.


Total bank borrowing was USD1.4025 billion
Annual repayment for 10 years loan tenure will be USD140.25 million equivalent to RM615m (Exchange rate 4.39 as at Dec 2022)



>>> Hoho Jaks has 30% stake and CPECC has 70% stake in this JV power plant.


> illustration: Thus RM 615 million x 0.3 = RM 184.5 million.

Johnchew5
5,222 posts

Posted by Johnchew5 > 3 days ago | Report Abuse

A ) Referred to FY21 Annual Report :

The turnaround to Profitability was mainly from the share of profit in the Vietnam joint venture which amounted to RM 140.7 million in FYE2021 as compared to RM3.8 million in the previous year .


B ) Referred to FY22 Annual Report :

The increase in Profitability arose from the Higher share of Profit from the Vietnam joint venture that rose by 11 % to RM 156.2 million.


C ) Referred to 1st QR ended March 2023 :

Share of Profit in Joint Venture is RM 28,326,000 compared to March 2022 RM 33,936,000.

Johnchew5
5,222 posts

Posted by Johnchew5 > 3 days ago | Report Abuse

Hoho yearly Loans payment for 10 years ( not included interest % ) :

illustration: Thus RM 615 million x 0.3 = RM 184.5 million.

A Question : Profit is much Higher ?? or Loans payment is much Lower ???

Johnchew5

10,634 posts

Posted by Johnchew5 > 2023-07-19 22:20 | Report Abuse

Hoho just a selective zoom in le ….

soon9913

2,585 posts

Posted by soon9913 > 2023-07-19 22:20 | Report Abuse

bad news?

soon9913

2,585 posts

Posted by soon9913 > 2023-07-19 22:21 | Report Abuse

I think share granted to big boss should be free. but share granted to. employee may have minimum exercise price.

Please check the annual report

Johnchew5

10,634 posts

Posted by Johnchew5 > 2023-07-19 22:27 |

Post removed.Why?

Johnchew5

10,634 posts

Posted by Johnchew5 > 2023-07-19 22:40 | Report Abuse

Updated July 7, 2020:

Stock grants vs. stock options are different tools employers use to motivate and reward their employees. A corporation can get a tax deduction for letting employees become owners of a company when they follow the rules for letting them purchase stock or grant shares. In either case, employees get taxed on the stock value that's received. Those who receive stock grants can't sell their shares until a certain period of time, known as the vesting period. Shares that are received by using stock options can be resold at any time.

Stock Grants vs. Stock Options
It's essential to manage stock as part of an investment strategy, whether they're granted stock or options. These should be handled carefully. Grants and stock options should motivate employees to work harder, stay at work later, and assist with the appreciation of the company's stock. It's beneficial to the employee since the higher value the shares have, the more the employee will gain out of them. These two forms of compensation will also discourage employees from quitting their jobs until the options or stocks vest, as this is often conditional based on continued employment.

Stock and option grants allow some of the compensation to be deferred by companies. An advantage of these is the options and stock grants will cost the company more when there's a high stock price, but will cost the company less when the stock is low. This is due to the value of the stock grant and options package being tied to what the stock price is.

It can be risky to have options. There can be high gains, but they can also be worth nothing if things go bad. A stock grant's net worth is stable and won't go to zero until the company goes out of business. In order to balance the reward-and-risk profile of a compensation package, some options may be awarded in addition to stock.

Compensation
The worth of the shares that are given as a stock grant get taxed as regular compensation. The calculation of this often happens after the vesting period has occurred, since the employee isn't restricted from selling their stock anymore. However, an employee can choose to have the tax impact occur when the stock that's restricted is granted initially. An employee who has regular stock options will be taxed when they use their right to purchase stocks.

The value of stocks on the exercise date will be added to the compensation, with the purchase price for the stocks subtracted. This is known as the bargain element of stock options.

Just88

484 posts

Posted by Just88 > 2023-07-19 23:24 | Report Abuse

This article implies that revenue of JHDP will drop by 50% after 12 years and 67% towards the end of the 25 years concession period.

https://klse.i3investor.com/web/blog/detail/gotyou/2023-07-19-story-h-245593807-SORRY_I_MADE_A_BIG_MISTAKE_ON_JAKS_RESOURCES_CASH_FLOW_PROJECTION

Johnchew5

10,634 posts

Posted by Johnchew5 > 2023-07-20 08:33 |

Post removed.Why?

Johnchew5

10,634 posts

Posted by Johnchew5 > 2023-07-20 08:40 | Report Abuse

Posted by Johnchew5 > 21 minutes ago | Report Abuse

Hoho Below thread is Originally posted by OTB . Recalled when I posted on 30/6 : KLCI Open 1388.52 …High 1391.48 …1370.15 … Closed 1376.68 , OTB reposted the Thread .

Zhuge is his right hand person ….



Posted by Zhuge_Liang > 9 hours ago | Report Abuse

FBMKLCI index.
Looking at daily chart closing price, there is a double bottom at 1,373.
You can say it is almost bottom at 1.373.
I hope to see a new upcycle after August 2023, I also hope it is a long upcycle and a bull market for FBMKLCI after a long downtrend since July 2014.
I hope all investors will laugh all the way to the bank after August 2023.
Hopefully we can see a bull market in KLSE after a long bear market for almost 10 years since July 2014.
Good luck to all investors in I3.
Opportunity hits but once.
You should start to invest in KLSE, you will be rewarded handsomely in the next few years.
Thank you.

Johnchew5

10,634 posts

Posted by Johnchew5 > 2023-07-20 08:59 | Report Abuse

Hoho May I asked whom knew the detail contents of :

1) Power Plant Project Award Contract

2) Jaks n CPECC JV contract

==

Just take as a Base reference on Share of Profits after Hai Duong BOT Thermal Power Plant achieved the commercial operation for its first unit on November 2020, while the commercial operation for the second unit was achieved in January 2021.

B ) Referred to FY22 Annual Report :

The increase in Profitability arose from the Higher share of Profit from the Vietnam joint venture that rose by 11 % to RM 156.2 million.

soon9913

2,585 posts

Posted by soon9913 > 2023-07-20 09:44 | Report Abuse

wow... high volume

ncy810116

300 posts

Posted by ncy810116 > 2023-07-20 09:55 | Report Abuse

reversing...

Posted by Asengkianjoo > 2023-07-20 11:56 | Report Abuse

John, after the shares grant or share option ,there is an increase in share equity . The how to keep the equation balance , anyone can help ? Thank you

Johnchew5

10,634 posts

Posted by Johnchew5 > 2023-07-20 12:15 |

Post removed.Why?

yoyo

483 posts

Posted by yoyo > 2023-07-20 12:17 | Report Abuse

year year make profit
day day drop n drop

apa share ini?😨

Dehcomic01

310 posts

Posted by Dehcomic01 > 2023-07-20 12:22 | Report Abuse

Over the past 11 years, there were 4 years with negative ROE. Even for those positive ROE years, the average was 5%. Not an exciting company from a fundamental perspective. You should not be surprise about the price drop over the past 1 year. Not a stock for the fundamental investor. But if you are a technical trader, this is a different story

Johnchew5

10,634 posts

Posted by Johnchew5 > 2023-07-20 13:25 | Report Abuse

Hoho harap tahun ini jadi yo-yo share lo , swing swing lo … hahahaha.

DukeEmber

48 posts

Posted by DukeEmber > 2023-07-20 14:23 | Report Abuse

push push above 0.21c.......

soon9913

2,585 posts

Posted by soon9913 > 2023-07-20 14:43 | Report Abuse

uptrend...! kianjoo, r u pushin up the price ?

Posted by Asengkianjoo > 2023-07-20 14:48 | Report Abuse

John, I mean how to keep the accounting equation balanced asset = equity + liabilities. How is the account recording is shown .

Posted by Asengkianjoo > 2023-07-20 14:51 | Report Abuse

If I were gotyou , I will keep quiet .let the mistake be mistake rather than to make another mistake after 2 mistake

Posted by Asengkianjoo > 2023-07-20 14:52 | Report Abuse

Gotyou, do you know it is me who share with you the information . I never expect you can he that easily cheated

soon9913

2,585 posts

Posted by soon9913 > 2023-07-20 15:02 | Report Abuse

kj, why revenue from Vietnam plant will drop over the year? is it true the article from gotyou?

Posted by Asengkianjoo > 2023-07-20 15:18 | Report Abuse

I never expect he is that easy to believe whatever people said that can not be verfied because it is confidential. The statement Can not verify itself is already a contradiction . He is too easily cheated . One mistake after another . Now we have good reason to scold him stxxxpid

Posted by Asengkianjoo > 2023-07-20 15:24 | Report Abuse

Soon, I know something is brewing , if I do not mislead him , how can I collect enough at cheap price . Just a small pump already turn the chart bullish . How to build the base ?

Posted by Asengkianjoo > 2023-07-20 15:26 | Report Abuse

I hope sslee will talk more here . But it seem his talk gain no credibility now . Before he open his mouth , people already know what song he is going to sing .

soon9913

2,585 posts

Posted by soon9913 > 2023-07-20 15:45 | Report Abuse

if u already knew his song name, you may share the youtube link here

curiousq

880 posts

Posted by curiousq > 2023-07-20 16:05 | Report Abuse

Last week, sifu said, 0.18 was very cheap already and asked them not to write anything negative to mislead investors and now is proven sifu is right ..... many non-bumiputera dun believe, but bumiputera investora likes Fatimah, Latifah, Sharifar, Aminah .... believed and bot a lot, now laughing all the way to banks .......

Johnchew5

10,634 posts

Posted by Johnchew5 > 2023-07-20 16:07 | Report Abuse

Hoho too many Variables then n more than as posted earlier , can’t even have the actual Nosh .

You may do your Analysis based on Assumptions: Maximum Scenario on the DRP announcement 100 % , 50 % , etc to determine the Future EPS .


Posted by Asengkianjoo > 1 hour ago | Report Abuse

John, I mean how to keep the accounting equation balanced asset = equity + liabilities. How is the account recording is shown .

Johnchew5

10,634 posts

Posted by Johnchew5 > 2023-07-20 16:13 | Report Abuse

Hoho that’s better let the Financial professionals to do their job . With all known Variables. Cheers ..

DukeEmber

48 posts

Posted by DukeEmber > 2023-07-20 16:14 | Report Abuse

whats the probability the uptrend will continue 2morow? Jaks was stuck at .18 for a long time......

m16454

214 posts

Posted by m16454 > 2023-07-20 16:20 | Report Abuse

When you see big volume for shares, it is the time to sell.

Posted by Asengkianjoo > 2023-07-20 16:31 | Report Abuse

How we should read the price movement now ? sustainability !!!

Posted by Asengkianjoo > 2023-07-20 16:31 | Report Abuse

how to read from the chart whether the movement is sustainable ?

Johnchew5

10,634 posts

Posted by Johnchew5 > 2023-07-20 16:33 |

Post removed.Why?

Posted by Asengkianjoo > 2023-07-20 16:35 | Report Abuse

wait for the correction , when a new height to be formed and once the resistanance at the previous height is breached , then a reversal is confirmed . it is safe to test you luck then

Posted by Asengkianjoo > 2023-07-20 16:39 | Report Abuse

for those who had already sold and wish to buy back , now is the time to buy . wait for the reversal is confirmed . although enter at this point is a bit late , but posibility of been trapped will be very much reduced . good lucks

Posted by Asengkianjoo > 2023-07-20 16:41 | Report Abuse

john , all indicator are lagging , that is why we need various time frame to acertain the entry/exit point

Posted by Asengkianjoo > 2023-07-20 16:42 | Report Abuse

how far it can go is the depend on the banker participation .

Johnchew5

10,634 posts

Posted by Johnchew5 > 2023-07-20 16:54 | Report Abuse

Hoho as posted earlier , will take it as a case study eg , cheers :


Posted by Johnchew5 > 1 day ago | Report Abuse

Hoho is it Bottoming oredi at RM 0.19 ?

52w 0.170 - 0.340

Average Volume (3M) 8,524,800
Relative Volume 2.5



MA10 : 0.182 … BB 20 2 Mid : 0.1813 …MA200 : 0.2294 ..

MACD is Divergent Up on 27/6/23 but both Lines still Diving beneath water Level .

Stoch RSI : 52.6602 , 60.2183 ..

Johnchew5

10,634 posts

Posted by Johnchew5 > 2023-07-20 16:57 | Report Abuse

Hoho VWAP 0.20 ( lagging 15 minutes) .

jasontan1177

1,768 posts

Posted by jasontan1177 > 2023-07-20 17:01 | Report Abuse

must be uncle koon still holing , so the boss need press down price , pp pp an pp again and again

stncws

10,375 posts

Posted by stncws > 2023-07-20 18:45 | Report Abuse

you will regret..becos u said oledi

soon9913

2,585 posts

Posted by soon9913 > 2023-07-20 20:35 | Report Abuse

dont sell too early lo.. engine baru warm up

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