Posted by UlarSawa > 2023-08-08 08:51 |

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Posted by UlarSawa > 2023-08-08 08:54 |

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Posted by Johnchew5 > 2023-08-08 09:00 |

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Posted by Johnchew5 > 2023-08-08 09:02 |

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Posted by UlarSawa > 2023-08-08 09:03 |

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Posted by OTB > 2023-08-08 09:07 |

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Posted by UlarSawa > 2023-08-08 09:10 |

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Posted by UlarSawa > 2023-08-08 09:16 |

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Posted by joyvest > 2023-08-08 09:17 | Report Abuse

Why makes you think that it wont plummet below RM 0.185 in light of its bad publicity to the public ?

Posted by UlarSawa > 2023-08-08 09:21 |

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Posted by Johnchew5 > 2023-08-08 09:23 |

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Posted by joyvest > 2023-08-08 09:26 | Report Abuse

1) PRN of 6 states on 12/8 - irrelevant

2) QR by ard end August - would have been loss if not due to the JV share of profit derived from plant in vietnam. No big deal

3.) August to September 23 : Solar LSS4 Project commissioning - End of revenue for the company

4) October 23 : dateline on MOU signed on a Europe Country Solar Project. Will it be success ???- MOU pending funding. Faced with the difficulties in fund raising, project is expected to be aborted

5) Jan to Feb 2024 : will Jaks be successful increase Vietnam JV holding from 30 % to 40 % ?? - No money to buy. The company is believed to be cash stricken and unlikely to increase

Posted by UlarSawa > 2023-08-08 09:29 |

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Posted by joyvest > 2023-08-08 09:29 | Report Abuse

CPECC is said to pull off from the JV.When CPECC is gone , Jaks must go as they rely heavily on CPECC for their management and operation of the plant.
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Johnchew5

Hoho why worries, with concession 25 years le , hohoho ..

Posted by UlarSawa > 2023-08-08 09:37 |

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Posted by joyvest > 2023-08-08 09:42 | Report Abuse

1) PRN of 6 states on 12/8 - irrelevant

2) QR by ard end August - would have been loss if not due to the JV share of profit derived from plant in vietnam. No big deal

3.) August to September 23 : Solar LSS4 Project commissioning - End of revenue for the company

4) October 23 : dateline on MOU signed on a Europe Country Solar Project. Will it be success ???- MOU pending funding. Faced with the difficulties in fund raising, project is expected to be aborted

5) Jan to Feb 2024 : will Jaks be successful increase Vietnam JV holding from 30 % to 40 % ?? - No money to buy. To increase 10%, Jaks is required to fork in at least RM 200 m ++. The company is believed to be cash stricken now and unlikely to increase its shareholding.

Posted by UlarSawa > 2023-08-08 09:43 |

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Posted by UlarSawa > 2023-08-08 09:44 |

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Posted by Johnchew5 > 2023-08-08 09:46 |

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Posted by Johnchew5 > 2023-08-08 09:50 |

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Posted by joyvest > 2023-08-08 10:05 | Report Abuse

1) PRN of 6 states on 12/8 - irrelevant

2) QR by ard end August - would have been loss if not due to the JV share of profit derived from plant in vietnam. In 2021 and 2022, Jaks would have reported huge losses if there was no significant contributions ( oversea revenue) from the plant in vietnam meaning to say that the local revenues are not encouraging.

3.) August to September 23 : Solar LSS4 Project commissioning - Upon commissioning , projects are considered to be fully completed which means end of revenue for the company

4) October 23 : dateline on MOU signed on a Europe Country Solar Project. Will it be success ???- MOU is signed with the agenda to stimulate the share price but of no avail . Furthermore ,faced with the difficulties in fund raising evident from the poor response to the recent PP raising, project is expected to be aborted

5) Jan to Feb 2024 : will Jaks be successful increase Vietnam JV holding from 30 % to 40 % ?? - No money to buy. To increase 10%, Jaks is required to fork in at least RM 200 m ++. Coupled with the repayment of hetfy debts of RM 600 m , the company is believed to be cash stricken now and unlikely to increase its shareholding.

Posted by UlarSawa > 2023-08-08 10:14 |

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Posted by joyvest > 2023-08-08 10:38 | Report Abuse

The simpletonjohn has the nasty habits to run away from reality,to refute without valid reasons/grounds/basis,to belittle with irrelevant remarks rather than answering the points ,to distort the facts without disproving with counter-facts. to curse others who dont see eye to eye to his view etc.

Anyone is in support of him is tantamount to possessing same traits as him.

Posted by Sslee > 2023-08-08 11:15 | Report Abuse

The fact is the more jobs Jaks tender or more projects undertake the more losses it will be.

The best way forward for jaks is don't do anything. Or can find someone like JHDP China partner, let the partner do everthing and Jaks is there to colllect money.

By the way jaks is short of money to undertake any more new project the MOUs are only for show that ALP is working hard and deserved the fat cat salary and free grant LTIP.

Posted by OTB > 2023-08-08 11:27 | Report Abuse

JHDP is a cash cow for Jaks, must increase the stake to 40%.
Cut off all losing business in Malaysia.
Do not do anything is better, wait for a better opportunity.
Focus on RE projects which it the future growth area.
Sell some property to reduce the loan.
My 2 cents comment.

Posted by UlarSawa > 2023-08-08 11:39 |

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Posted by UlarSawa > 2023-08-08 12:05 |

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Posted by UlarSawa > 2023-08-08 12:09 |

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Posted by joyvest > 2023-08-08 12:13 | Report Abuse

There have been signs of local businesses making losses year in year out and the losses are expected to be mounting fast and furious. It is a matter of time when the profitability generated from the plant in Vietnam would be squeezed by the mounting losses.

The reliance on the profitability from the plant to turn the losses into profits for 2021 and 2022 ( two years consecutively) is alarming. It is not surprising to see the company to turn to the red for 2023 coupled with the expected impairment on collection.

Posted by stncws > 2023-08-08 12:14 | Report Abuse

overall. boss like go genting gambling with 10m always...

Posted by stncws > 2023-08-08 12:15 | Report Abuse

PRN SCORES 3:3....hung again .. dewan negeri....bursa could be tumbled again to 1400 !

Posted by joyvest > 2023-08-08 12:40 | Report Abuse

Before massive mountain avalanches happen, peddle stones ( tiny stones ) are falling down as pre-signs. No assumption but fact of pre-signs. Similarly, before the realisation of downfall of the company, there are facts of pre-signs...... No Assumptions.

Posted by Johnchew5 > 2023-08-08 13:50 |

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

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Posted by Johnchew5 > 2023-08-08 14:00 | Report Abuse

SUKE Projects :

CA1 Cengal Jati Sdn Bhd

CA2 Hcm - Hatimuda JV

CA3 Sykt Muhibah Perniagaan dan
Pembinaan Sdn Bhd

CA4 ML Sepakat - China Harbour
Engineering Co JV

CB1 Cergas Murni Sdn Bhd

CB2 Zelan -Hasrat Sedaya JV

CB3 Jaks Sdn Bhd

CB4 Cantilever Bumi Sdn Bhd

CB5 Bridgex -BBSB JV

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

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Posted by joyvest > 2023-08-08 14:32 | Report Abuse

It is the fact that the collection problems has been deteriorating from one year to another.

This can be evident from the audited reports where the impairment for trade receivable has been increased to 17.5% ( RM 48m) in 2021 from 14% (representing RM 41m) in 2020

It is expected the impairment will be even higher in 2022 and 2023

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Johnchew5

Hoho another impairment of over RM 20 million on a Rm 8 Billion Power Plant Project Construction ! Represents 0.25 % lo …

Posted by joyvest > 2023-08-08 14:34 | Report Abuse

Before massive mountain avalanches happen, peddle stones ( tiny stones ) are falling down as pre-signs. No assumption but fact of pre-signs. Similarly, before the realisation of downfall of the company, facts of pre-signs are emerging ...... No Assumptions.
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UlarSawa

Now PH-BN very optimistic boleh menang Kedah Kelantan and Terengganu leh. Cakap is easy leh. PN also very optimistic can menang Selangor and NS leh. Cakap pun easy leh. So how. Both sides pun making own assumptions juga leh. PRN result out baru jadi facts leh. Same same juga at here leh. Assumptions still assumptions belum jadi facts lagi leh. Haiyoh. Correct?

Posted by UlarSawa > 2023-08-08 14:56 |

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Posted by UlarSawa > 2023-08-08 14:57 |

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Posted by Johnchew5 > 2023-08-08 17:04 |

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

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Posted by Harryww > 2023-08-08 17:18 | Report Abuse

May test the 0.21 resistance tomorrow.

Posted by Asengkianjoo > 2023-08-08 17:23 | Report Abuse

Joyvest, why talk so much . more you talk more the market says "NONSENSE"

you don't feel "sian(boring)" meh...... I see your nonsense also feel very tire now

Posted by Asengkianjoo > 2023-08-08 17:24 | Report Abuse

do you know what is bull bear tussle today ?

Posted by Asengkianjoo > 2023-08-08 17:25 | Report Abuse

aiyah.... talk to you bull bear also no use one ..... you only know cash flow .....