Posted by joyvest > 2023-08-09 15:46 | Report Abuse

All the pre-signs are out there to see . No need to make assumption. Only the genius can see and those who cant see say " wait for outcome "

Posted by joyvest > 2023-08-09 16:11 | Report Abuse

Today the market seems not to be happy with what 🐍 has said....

Posted by Johnchew5 > 2023-08-09 16:17 |

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Posted by Johnchew5 > 2023-08-09 16:17 |

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Posted by Johnchew5 > 2023-08-09 16:18 |

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Posted by joyvest > 2023-08-09 16:23 | Report Abuse

Whatever the value , it all depends on the current market price. Current Market price is the key to market valuation. The fact is that the current market price is RM 0.19 if not lower
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Johnchew5


Hoho Kon Nenek Joyvest tak tau google ke atau tak faham ke , Masih buat Badut show le , hahahaha…


The market value is the value of a company according to the financial markets. The market value of a company is calculated by multiplying the current stock price by the number of outstanding shares that are trading in the market. Market value is also known as market capitalization

Posted by Johnchew5 > 2023-08-09 16:24 |

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Posted by mickey77 > 2023-08-10 08:17 | Report Abuse

jaks got announcement or not?

Posted by mickey77 > 2023-08-10 08:18 | Report Abuse

Johnchew working so hard here, i see

Posted by Gotyou > 2023-08-10 08:58 | Report Abuse

https://klse.i3investor.com/web/blog/detail/gotyou/2023-08-10-story-h-242996036-THE_IMPACT_OF_HIGHER_INTEREST_RATE_ON_JAKS_RESOURCES_PROFIT_SHARING_FRO

Posted by Johnchew5 > 2023-08-10 09:03 | Report Abuse

PRESS RELEASE
FOR IMMEDIATE DISTRIBUTION
JAKS RESOURCES SPEARHEAD CONSORTIUM UNDER CGPP
As a solar power producer for 29.99 MWac quota allocation
PETALING JAYA, 9 AUGUST 2023 –

JAKS Resources Berhad (“JAKS” or the “Group”), a construction and power utilities company specialising in water and other infrastructure projects and energy development, announced that its wholly-owned subsidiary JAKS Solar Power Sdn. Bhd. via a consortium together with its partners, Ann Joo Green Energy Sdn. Bhd. and Fabulous Sunview Sdn. Bhd. have been selected as successful solar power producer with a capacity of 29.99MW under the Corporate Green Power Programme (“CGPP”).

As announced by the Energy Commission on 7 August 2023, only 22 out of the 71 applicants thus far have been successfully selected as solar power producers under the CGPP and 236.58MW out of the total 800MW allocation remains to be allocated.

JAKS chief executive officer Andy Ang Lam Poah said, “We are elated that JAKS has been appointed as one of the solar power producers alongside our consortium partners. We are optimistic of the success and execution of the project in view of the synergistic experience and capabilities which this consortium can provide. The awarded project aligns with our long-term goals in expanding our renewable energy portfolio whilst contributing positively to the business growth in the near future

Posted by joyvest > 2023-08-10 09:14 | Report Abuse

No use. Due to the difficulties of raising fund be it equity funding or debt funding , projects are expected to be aborted. The Market does not react positively to the news . This can be reflected in the current market price.

Posted by UlarSawa > 2023-08-10 09:16 |

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Posted by Johnchew5 > 2023-08-10 09:20 |

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Posted by joyvest > 2023-08-10 09:22 | Report Abuse

The current share prices of Ann Joo Green Energy Sdn. Bhd. and Fabulous Sunview Sdn. Bhd are flying high, reflecting at RM 1.13 and RM 0.930 respectively vs the pathetic market price Jaks at RM 0.195 if not lower.
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JAKS Resources Berhad (“JAKS” or the “Group”), a construction and power utilities company specialising in water and other infrastructure projects and energy development, announced that its wholly-owned subsidiary JAKS Solar Power Sdn. Bhd. via a consortium together with its partners, Ann Joo Green Energy Sdn. Bhd. and Fabulous Sunview Sdn. Bhd. have been selected as successful solar power producer with a capacity of 29.99MW under the Corporate Green Power Programme (“CGPP”)

Posted by Johnchew5 > 2023-08-10 09:22 | 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.



And Dividend RM 70.0 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.


( Note : from Key Matters Discussed, the reduced Share of Profit is due to increased interest expenses .

—


>> JHDP has been granted the Investment Certificate by the Ministry of Planning and Investment of Vietnam on June 2011 to develop a 2 x 600 MW Coal Fired Thermal Power Plant Project in Phuc Thanh Commune, Kinh Mon District, Hai Duong Province, Vietnam ("Hai Duong BOT Thermal Power Plant"), under the form of Build-Operate-Transfer ("BOT") for 25 years.


>>> Construction of Hai Duong BOT Thermal Power Plant has commenced in the first half of 2016. 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.

Posted by joyvest > 2023-08-10 09:24 | Report Abuse

No use. Due to the difficulties of raising fund be it equity funding or debt funding , projects are expected to be aborted. The above can be evident from the recent application for time extension to complete the PP. The PP is not considered as sizable and yet they are faced with difficulties to raise.

Posted by UlarSawa > 2023-08-10 09:25 |

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Posted by Johnchew5 > 2023-08-10 09:26 |

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Posted by UlarSawa > 2023-08-10 09:37 |

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Posted by joyvest > 2023-08-10 09:40 | Report Abuse

From your following posts, the company should have sufficient positive cash inflows. Hence the company should be able to reward the shareholders with dividend payouts. Why the company keeps claiming that the earning should be ploughed back to be used as working capital for upcoming projects through its recent proposed DRP.


It can be inferred that firstly the company has difficulty to raise funds equity funding or otherwise and secondly the company never intends to reward the shareholders/investors with dividend payout like in the past.

You can fool the investors but you cant fool the Market.
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Johnchew5

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.



And Dividend RM 70.0 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.


( Note : from Key Matters Discussed, the reduced Share of Profit is due to increased interest expenses

Posted by UlarSawa > 2023-08-10 09:41 |

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Posted by curiousq > 2023-08-10 09:45 | Report Abuse

Since this shameless gang occupied this forum, JAKS has never been performing ..... good luck to all jaks holders !

Posted by UlarSawa > 2023-08-10 09:48 |

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Posted by curiousq > 2023-08-10 09:56 | Report Abuse

Especially this nasty old chicken, bring bad luck to every forum she appears

Posted by UlarSawa > 2023-08-10 10:13 |

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Posted by joyvest > 2023-08-10 10:22 | Report Abuse

Business assumptions are important for decision-making and planning. They help to inform the direction of a business and provide a basis for making decisions. Without assumptions, it would be difficult to make decisions or plan for the future.

As long as the assumptions are reasonable based on the current circumstances surrounding the business at that point in time, no big deal.

Posted by UlarSawa > 2023-08-10 10:28 |

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Posted by SomaCruz89 > 2023-08-10 10:43 |

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Posted by UlarSawa > 2023-08-10 10:47 |

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Posted by i3lurker > 2023-08-10 10:50 | Report Abuse

Ular is here !!!
sure price drop loh !!!

Posted by UlarSawa > 2023-08-10 10:53 |

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Posted by joyvest > 2023-08-10 10:54 | Report Abuse

That fellow is a " pre-sign of flop". but he cites that the " Pre-sign" is an assumption. Can we assume he is a two headed snake or not ??

Posted by UlarSawa > 2023-08-10 10:55 |

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Posted by UlarSawa > 2023-08-10 10:56 | Report Abuse

Pre signed is not fact lagi mah. Is a sign only leh. Just like Shoplot Auditor cakap many pre signed many ctrs will close shop tapi how many really close shop leh. Haiyih. Correct?

Posted by joyvest > 2023-08-10 11:07 | 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. Very good example, KPMG said Serba Dynamic was insolvent following a lot of " pre-signs" but many disbelieved. In the end, departure from main listing and delisting is on its way fast and furious.

Posted by value_investor77 > 2023-08-10 11:09 | Report Abuse

Moving Average: The 20-day moving average is approaching towards the 50-day moving average, but it is still too early to say that a golden cross has formed. We will need to see the performance of the share in the following week. however, the 50-day moving average is still below 200-day moving average, indicating continuous bearish long-term trend.

RSI: The current RSI reading is 48.7 (neutral). It may not be a good time to buy now as the RSI reading is still in the neutral zone. If you want to buy cheap, you will need to wait for it to approach the oversold region.

MACD: The MACD line had just fallen below the Signal line on 2nd August 2023. We may expect the red histograms to continue to widen in the coming days. Not the right time to buy. Suggest to wait a little longer.

Posted by UlarSawa > 2023-08-10 11:09 |

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