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 11 hours ago

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-05 15:50 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-05 17:10 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-05 17:11 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-05 21:42 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-05 21:45 |

Post removed.Why?

joyvest

10,413 posts

Posted by joyvest > 2023-08-05 22:58 | Report Abuse

Jaks NTA 0.68 .share price 0.19
Day3 NTA 0.08 .share price 0.48

Why is the "well- established "Jaks outshined by a " newborn " small fly ?

Despite of millions and millions if not billions of projects have been granted to jaks more than those of day3,why is the share price of jaks still lower than that of day3?

Given 1000 lots for each on an equal footing basis ,why is the MV of jaks lower than that of day3?

Why why why?

joyvest

10,413 posts

Posted by joyvest > 2023-08-06 01:33 | Report Abuse

You cant answer why? Wanna me tell you why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-06 05:27 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-06 05:35 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-06 05:40 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-06 05:48 |

Post removed.Why?

i3lurker

13,932 posts

Posted by i3lurker > 2023-08-06 08:18 | Report Abuse

its a TV show called NTV
Happens when both Satanic Accuser Johnny and Nasty Uncle DiuNiaSeng becomes Nervous TV for all to see.



Posted by joyvest > 17 hours ago | Report Abuse

* NTA not NTV

Felix888

3,368 posts

Posted by Felix888 > 2023-08-06 08:20 | Report Abuse

I3licker how many years you are in share market? Don't you know Mr. Market behaviors based on emotions like fear and greed? Always miscalculates?

Haiya over the years in share market only the age you gained not the wisdom.

Posted by StartOfTheBull > 2023-08-06 09:57 | Report Abuse

Actually this Akuah sells his buntut at Jalan Alor backlane for more than 50 years.😁😁😁

Felix888

3,368 posts

Posted by Felix888 > 2023-08-06 10:34 | Report Abuse

Bangla customers 🤣

joyvest

10,413 posts

Posted by joyvest > 2023-08-06 10:41 | Report Abuse

Jaks NTA 0.68 .share price 0.19
Day3 NTA 0.08 .share price 0.48

Why is the "well- established "Jaks outshined by a " newborn " small fly ?

Despite of millions and millions if not billions of projects have been granted to jaks more than those of day3,why is the share price of jaks still lower than that of day3?

Given 1000 lots for each on an equal footing basis ,why is the MV of jaks lower than that of day3?

i3lurker

13,932 posts

Posted by i3lurker > 2023-08-06 11:11 | Report Abuse

bought 1.55
say RM155,000.00
now RM19,000.00

Option A
Everyday DiuNiaSeng Joyvest
Non-businessmen doing corruption with no education with zero skillset do this.

Option B
Turn RM19,000.00 to RM51,300,000.00 in 10 years' time.
Honest Businessmen with education with skills do this.

joyvest

10,413 posts

Posted by joyvest > 2023-08-06 11:12 | Report Abuse

Jaks NTA 0.68 .share price 0.19
Mudajya NTA 0.21 .share price 0.19

Why is the "higher ranked "Jaks worse than its lower ranked mudajya despite of jaks's better NTA ?

joyvest

10,413 posts

Posted by joyvest > 2023-08-06 11:20 | Report Abuse

DNS is Diu- Nia-Seng,then who is ASKJ?

Felix888

3,368 posts

Posted by Felix888 > 2023-08-06 11:36 | Report Abuse

I3licker bullshxting again.

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-06 12:08 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-06 12:09 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-06 12:09 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-06 12:10 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-06 12:11 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-06 12:14 |

Post removed.Why?

Felix888

3,368 posts

Posted by Felix888 > 2023-08-06 12:23 | Report Abuse

Pariaa pokkai i3licker keep bullshiiting on his so called atas lifestyle. He said eat buffet at hotel for lunch and dinner. OMG which idixt eat buffet for both lunch and dinner? Could be a 200kg monster.

joyvest

10,413 posts

Posted by joyvest > 2023-08-06 12:45 | Report Abuse

Jaks NTA 0.68 .share price 0.19
Muhibah NTA 1.76 .share price 0.675

Why is the "higher ranked "Jaks outperformed by its " lower ranked " muhibah in terms of both NTA and share price ?

Posted by Asengkianjoo > 2023-08-06 13:25 | Report Abuse

oyvest

DNS is Diu- Nia-Seng,then who is ASKJ?
,.>>>>>>>>>>>> dui nia seng is a crude word. It is an illustration of a negative education from an illed brought up family .

Posted by StartOfTheBull > 2023-08-06 13:43 | Report Abuse

i3lurker

12,580 posts

Posted by i3lurker > 2 hours ago | Report Abuse

bought 1.55
say RM155,000.00
now RM19,000.00

Option A
Everyday DiuNiaSeng Joyvest
Non-businessmen doing corruption with no education with zero skillset do this.

Option B
Turn RM19,000.00 to RM51,300,000.00 in 10 years' time.
Honest Businessmen with education with skills do this.

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-06 13:44 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-06 13:48 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-06 13:54 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-06 13:55 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-06 13:56 |

Post removed.Why?

joyvest

10,413 posts

Posted by joyvest > 2023-08-06 14:51 | Report Abuse

Jaks NTA 0.68 .share price 0.19
Day3 NTA 0.08 .share price 0.48

Why is the share price of the small fly " day3" is higher than that of the "well- established "Jaks " given the NTA of 0.08 of day3?

Posted by Asengkianjoo > 2023-08-06 15:27 | Report Abuse

Today I am busy to conduct a full class but sharing a simple as an refreshment is still a necessity.

Posted by Asengkianjoo > 2023-08-06 15:30 | Report Abuse

You are what and how you present yourself . You ancestors will slap you if you show you are are from an ill brought up family . You are responsible for what you had done . Behave wisely . If you can't do good , then don't do bad .

Just88

492 posts

Posted by Just88 > 2023-08-06 15:57 | Report Abuse

Downside risks include continuous future equities fund raising exercises to meet cash flow requirements. Any unforeseen or unplanned breakdown of power plant will have significant impact on Jaks’ cash flow especially for the period before the JHDP loans are fully repaid as its dividend from JHDP maybe reduced substantially.

Just88

492 posts

Posted by Just88 > 2023-08-06 15:58 | Report Abuse

On another note, if CPECC decided to sell its stake in JHDP, Jaks will be forced to dispose its stake. AES recently divested its 1200MW Mong Duong II power plant (costing USD2,100m) and POSCO followed suit citing increased volatility. POSCO’s 30% stake was sold for USD185m. Jaks’ 30% stake in JHDP (costing USD1,870m) should proportionately fetch USD165m (RM723m) equivalent to RM0.316 per share. While this amount is sufficient to pay off its debts, Jaks will have no future source of income except the small 50MW solar farm.

Just88

492 posts

Posted by Just88 > 2023-08-06 16:16 | Report Abuse

The short loan tenure of JHDP as well as the declining capacity payments of JHDP for the first 10 years are most likely to cause medium term liquidity problems for Jaks. The expected future dividend distributions from JPP are insufficient for repayment of RM500m local bank borrowings of which the majority matures within the next 4 years. Local businesses except the solar farm are unlikely to turn around from losses in the near future. Monetisation of malls may not be easy due to their dire conditions. The bulk of the borrowings were taken by the subsidiaries which house the investment properties including the malls, offices, car park and apartments. These subsidiaries are having negative equities which means their liabilities exceed their assets, thus refinancing of borrowings may prove difficult.

Therefore, Jaks is very likely to face negative cash flow in the foreseeable future until such time the dividend from JHDP increases substantially after its loan is fully repaid in Year 2030. Meantime, in order to address the cash deficiencies, equity fund raising exercises such as private placements and rights issues are convenient ways to raise funds but they are detrimental to the interest of the minority shareholders due to dilution in future earnings per share (EPS).

Discounted cash flow (DCF) remains the most appropriate valuation method for Jaks. Local bank borrowings should be included in the DCF model for a more accurate reflection of the future cash flow situation of Jaks.

The valuation stress test shows that, depending on the management’s choice to meet future cash requirements either through equity or refinancing or a combination of both, Jaks is conservatively valued between RM0.21 and RM0.31.

Jaks’ long-term valuation remains above its current market price. Its medium-term liquidity problems are a serious cause of concern. Existing shareholders should closely monitor its liquidity conditions and be prepared for future equity fund raising exercises. Perspective investors are wise to wait and see.

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-06 16:19 | Report Abuse

CPECC in Vietnam using Wireless Conference System
The Vietnam Haiyang coal-fired power plant project won by JAKS in 2011 finally started construction after 6 years . The total investment of the project reached 1.868.5 billion US dollars.

CPECC is responsible for financing and all project construction. CPECC is very experienced in power generation and transmission and transformation power plants, and has participated in about 90% of China’s coal power projects.A total of 49,000 MW coal-fired plant projects have been completed.

To ensure that the entire project can be successfully completed, CPECC assumes full responsibility for completing the power plant recommendations.

VISSONIC wireless conference system have been installed in 2nd and 3rd floors of CPECC.

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-06 16:21 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-06 16:24 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-06 16:31 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-06 16:32 | Report Abuse

Remember Do 3 Own : Own Homework, Own Analysis n Own DecisionS as only you know your Risk level . 


DecisionS: is changed Upon new information, new facts n figures.

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-06 16:33 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-06 16:34 | Report Abuse

CPECC is responsible for financing and all project construction. CPECC is very experienced in power generation and transmission and transformation power plants, and has participated in about 90% of China’s coal power projects.A total of 49,000 MW coal-fired plant projects have been completed.

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-06 17:56 |

Post removed.Why?

joyvest

10,413 posts

Posted by joyvest > 2023-08-06 21:08 | Report Abuse

if CPECC decided to sell its stake in JHDP, Jaks will be forced to dispose its stake cos CPECC is expert in operation of plant but not Jaks..

Upon disposal,jaks 's financial performance would be affected.They would have reported losses in 2021 and 2022 if not due to the contributions from the plant.

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