JAKS RESOURCES BERHAD

KLSE (MYR): JAKS (4723)

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Last Price

0.13

Today's Change

0.00 (0.00%)

Day's Change

0.13 - 0.135

Trading Volume

1,502,900


41 people like this.

64,898 comment(s). Last comment by Huangbk72 5 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-08-30 12:50 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-08-30 12:51 |

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Posted by StartOfTheBull > 2023-08-30 12:54 | Report Abuse

While the gate is still open.

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-30 13:02 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-30 13:03 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-30 13:04 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-30 13:06 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-30 13:06 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-30 13:07 | Report Abuse


Jaks


28/8 Mon. 0.200 16,963,500 . VWAP 0.196 
T+ 1 = 1,840,500 . ( T + 0 = 15,267,000 ) 

==

29/8/2023 Tues : 


Jaks 


12.30 pm : 0.195 VWAP 0.195 Volume : 18,479,600 


5.20 pm : 0.195 VWAP 0.195 
Volume : 22,763,700

==

30/8/2023. Wed


12.30 pm : 0.200 VWAP 0.201 Volume : 12,087,800

SomaCruz89

305 posts

Posted by SomaCruz89 > 2023-08-30 13:12 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-30 15:06 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-30 15:09 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-30 15:17 |

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noirluck

35 posts

Posted by noirluck > 2023-08-30 16:16 | Report Abuse

sit tight sit tight, it is coming !

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-30 16:37 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-30 16:44 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-30 17:23 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-30 17:30 | Report Abuse

Jaks


28/8 Mon. 0.200 16,963,500 . VWAP 0.196 
T+ 1 = 1,840,500 . ( T + 0 = 15,267,000 ) 

==

29/8/2023 Tues : 


Jaks 


12.30 pm : 0.195 VWAP 0.195 Volume : 18,479,600 


5.20 pm : 0.195 VWAP 0.195 
Volume : 22,763,700

==

30/8/2023. Wed


12.30 pm : 0.200 VWAP 0.201 Volume : 12,087,800


5.30 pm : 0.200 VWAP 0.201
Volume : 16,420,800

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-30 17:44 |

Post removed.Why?

curiousq

1,037 posts

Posted by curiousq > 2023-08-30 21:22 | Report Abuse

Normally after Q report, many sifus will come here to give their opinions ..... now, hardly see them anymore ......

speakup

26,946 posts

Posted by speakup > 2023-08-30 21:35 | Report Abuse

semua sifu dah lari lah. sifu semua ada kat Ytl & Ytlpower

Pinky

3,458 posts

Posted by Pinky > 2023-08-30 21:51 | Report Abuse

Here left ppl kakikong kakisong 😂

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-31 04:55 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-31 04:57 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-31 05:00 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-31 05:12 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-31 05:16 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-31 05:21 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-31 05:33 | Report Abuse

Jaks non current asset


Refer QR ended March 2023 :


Non Current Assets :


PPE. 273,041,000


Investment Properties 594,321,000


Investment in Joint Venture. 829,105,000





Refer QR ended June 2023 :



Non Current Assets :


PPE. 278,626,000

Investment Properties 590,929,000

Investment in Joint Venture. 861,417,000

Posted by StartOfTheBull > 2023-08-31 06:52 | Report Abuse

Solarcity REIT has been allocated an export capacity of 29.99MWac, while Fabulous Sunview, through a consortium with JAKS Solar Power Sdn Bhd and Ann Joo Green Energy Sdn Bhd, has also been allocated with an export capacity of 29.99MWac.
https://theedgemalaysia.com/node/680869

As cash flow is expected to improve in coming months, Jaks should be able to catch up with its peers.

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-31 10:52 |

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Posted by StartOfTheBull > 2023-08-31 11:00 | Report Abuse

Future for green energy companies is bright, including JAKS, of course.

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-31 11:59 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-31 12:00 | Report Abuse

Jaks non current asset


Refer QR ended March 2023 :


Non Current Assets :


PPE. 273,041,000


Investment Properties 594,321,000


Investment in Joint Venture. 829,105,000





Refer QR ended June 2023 :



Non Current Assets :


PPE. 278,626,000

Investment Properties 590,929,000

Investment in Joint Venture. 861,417,000


===


Note : Compared 2QR to 1QR >>


A) PPE : increased RM 5,585,000


B) Investment Properties : Decreased RM 3,392,000


C) Investment in Joint Venture. : Increased RM 32,312,000

warchest

1,810 posts

Posted by warchest > 2023-08-31 18:22 | Report Abuse

When all the counters up, the next is gonna be JAKS. Even Ekovest with high debt & loss-making highway concessions also now breaking 2-year high. 30 cents is easy peasy

warchest

1,810 posts

Posted by warchest > 2023-08-31 18:24 | Report Abuse

You can go wrong with a concession business in Vietnam when it is the fastest growing economic nation in ASEAN. They are in dire need of energy for its industries

warchest

1,810 posts

Posted by warchest > 2023-08-31 18:26 | Report Abuse

Many people were cursing YTL & YTL Power back then without having in depth knowledge and understanding of their businesses. Fast forward, within 6 months both counters already up 130 - 140%. Who is getting the last laughter now

warchest

1,810 posts

Posted by warchest > 2023-08-31 18:30 | Report Abuse

We all are well aware of all the issues be it, cash flow, legal tussles, governance, high salaries & remunerations of the management team, loss-making property investment segment

warchest

1,810 posts

Posted by warchest > 2023-08-31 18:31 | Report Abuse

But not many people are aware of its potentials & tailwinds. That are the missing pieces

soon9913

2,783 posts

Posted by soon9913 > 2023-08-31 20:52 | Report Abuse

potential is there.. but rev rm3mil opex and salary RM15mil.. dont you think something wrong?

soon9913

2,783 posts

Posted by soon9913 > 2023-08-31 20:53 | Report Abuse

if the mgt is good should have been taking action, sell the mall at loss, retrench the excess work force..

soon9913

2,783 posts

Posted by soon9913 > 2023-08-31 20:53 | Report Abuse

the company is mismanaged

soon9913

2,783 posts

Posted by soon9913 > 2023-08-31 20:55 | Report Abuse

high opex should give details expanation also...

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-31 21:47 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-31 21:49 | Report Abuse

Jaks non current asset


Refer QR ended March 2023 :


Non Current Assets :


PPE. 273,041,000


Investment Properties 594,321,000


Investment in Joint Venture. 829,105,000





Refer QR ended June 2023 :



Non Current Assets :


PPE. 278,626,000

Investment Properties 590,929,000

Investment in Joint Venture. 861,417,000


===


Note : Compared 2QR to 1QR >>


A) PPE : increased RM 5,585,000


B) Investment Properties : Decreased ( RM 3,392,000 )


C) Investment in Joint Venture. : Increased RM 32,312,000

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-31 21:50 | Report Abuse

Jaks : Vietnam Power Plant Project BOT 25 years concession tenure. >>


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 .


D) Referred to 2nd QR ended June 2023 :
Share of Profit in Joint Venture is RM 32,312,000 . Wow really a Cash Cow , 💪.




>> 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.

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-31 21:53 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-31 21:56 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-31 22:00 |

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soon9913

2,783 posts

Posted by soon9913 > 2023-08-31 23:27 | Report Abuse

you dont spam here la.. dont allow ppl telling truth..
im not sure if you getting paid

The mgt is really useless what..

Can you explain why rev rm3mil but opex RM15mil? gaji buta?

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