JAKS RESOURCES BERHAD

KLSE (MYR): JAKS (4723)

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Last Price

0.135

Today's Change

+0.005 (3.85%)

Day's Change

0.13 - 0.135

Trading Volume

1,753,000


41 people like this.

64,898 comment(s). Last comment by Huangbk72 2 hours ago

Johnchew5

11,246 posts

Posted by Johnchew5 > 2023-09-02 17:14 |

Post removed.Why?

soon9913

2,783 posts

Posted by soon9913 > 2023-09-02 17:15 | Report Abuse

John chew god of jaks... everything u said is right!! 🥳

Johnchew5

11,246 posts

Posted by Johnchew5 > 2023-09-02 17:16 | 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 👍

soon9913

2,783 posts

Posted by soon9913 > 2023-09-02 17:17 | Report Abuse

now u are tua bei gong level for ppl to pray on prayer desk ...! 🥳 🥳 🥳 🙏 🙏 🙏

soon9913

2,783 posts

Posted by soon9913 > 2023-09-02 17:18 | Report Abuse

John chew god of jaks... everything u said is right!! 🥳

next week 38 cents TP

Johnchew5

11,246 posts

Posted by Johnchew5 > 2023-09-02 17:21 |

Post removed.Why?

soon9913

2,783 posts

Posted by soon9913 > 2023-09-02 17:24 | Report Abuse

now u are tua bei gong level for ppl to pray on prayer desk ...! 🥳 🥳 🥳 🙏 🙏 🙏

soon9913

2,783 posts

Posted by soon9913 > 2023-09-02 17:24 | Report Abuse

John chew god of jaks... everything u said is right!! 🥳

next week 38 cents TP

Johnchew5

11,246 posts

Posted by Johnchew5 > 2023-09-02 17:25 |

Post removed.Why?

Johnchew5

11,246 posts

Posted by Johnchew5 > 2023-09-02 17:28 | Report Abuse

1/9/2023 . Fri

12.30 pm : 0.225 VWAP : 0.218
Volume : 109, 046,500


5.30 pm : 0.235 VWAP 0.224
Volume : 174,429,300



T+ 0 = 84,070,000. ( Retailer = 33,475,000 )


MA400 : 0.265

soon9913

2,783 posts

Posted by soon9913 > 2023-09-02 17:32 | Report Abuse

John chew god of jaks... everything u said is right!! 🥳

next week 38 cents TP

Johnchew5

11,246 posts

Posted by Johnchew5 > 2023-09-02 17:32 |

Post removed.Why?

soon9913

2,783 posts

Posted by soon9913 > 2023-09-02 17:35 | Report Abuse

u are tua bei gong level for ppl to pray on prayer desk ...! 🥳 🥳 🥳 🙏 🙏 🙏.......

next week TP 38 cents...

Johnchew5

11,246 posts

Posted by Johnchew5 > 2023-09-02 17:38 |

Post removed.Why?

Johnchew5

11,246 posts

Posted by Johnchew5 > 2023-09-02 17:39 |

Post removed.Why?

soon9913

2,783 posts

Posted by soon9913 > 2023-09-02 17:39 | Report Abuse

🙏 🙏 🙏 🙏 🙏 🙏 John Chew...

God of jaks

soon9913

2,783 posts

Posted by soon9913 > 2023-09-02 17:42 | Report Abuse

hoho dont ignore John chew.. God of Jaks.... 👀

Johnchew5

11,246 posts

Posted by Johnchew5 > 2023-09-02 19:03 |

Post removed.Why?

Posted by Chee Hoe Leong > 2023-09-02 19:53 | Report Abuse

I believe johnchew
All what we can see,up n up with same boat bros

Posted by StartOfTheBull > 2023-09-02 22:46 | Report Abuse

Good evening SSLee, I think your comment is misleading. The reasons are:
1) JAKS 's private placement of 10% of the total number of issued shares has been confirmed, thus I think it is safe to forget that any right issue is needed to fund new projects of the company. Moreover, from next quarter onwards more cash is coming in to the company's bank account with its LSS4 revenue collection started in August 2023.

2) Signing of MOUs are usual practice by companies before definitive agreements (if any) are signed.

3) You were only seeing JAKS QTR2 revenue of RM 3,312,000 only but I think you have omitted the share of profit in Joint Venture of RM32,312,000 that appears in the same financial report, and the same quarter.

4) The latest sudden surge in share price is not a surprise due to the company's numerous good news lately. For a company with new streams of income from upcoming 3rd QTR onwards and its apparent right track to recovery I think is unfair to say it is a rotating/syndicate play for its stock movement/trading these few days.
**********
Sslee

2,390 posts

Posted by Sslee > 10 hours ago | Report Abuse

Jaks facing cashflow problems will not be able to undertake anymore new job/project unless RI coming.

What ALP doing is signed many more MOU so that he can justified his fat cat CEO salarly + benefit and more LTIP free share grant.

Jaks q2 revenue RM 3,312,000
No even enough to pay finance cost of RM 6,177,000

Last Price : 0.235
Today's Change: +0.035 (17.50%)
Day's Change: 0.20 - 0.24
Trading Volume: 184,429,300

Rotating/syndicate play. It can be 1 day, 1 week or 1 month play. So make sure you are not the one holding the dead cat when the music stop.

Johnchew5

11,246 posts

Posted by Johnchew5 > 2023-09-02 23:31 |

Post removed.Why?

Johnchew5

11,246 posts

Posted by Johnchew5 > 2023-09-02 23:33 |

Post removed.Why?

SuperPanda

11,431 posts

Posted by SuperPanda > 2023-09-03 00:39 | Report Abuse

when people buy we buy, when people sell we put stop loss

Vol speaks louder than FA, thats why an investor cannot be a trader but a trader can be an investor

Johnchew5

11,246 posts

Posted by Johnchew5 > 2023-09-03 03:40 |

Post removed.Why?

Johnchew5

11,246 posts

Posted by Johnchew5 > 2023-09-03 03:46 |

Post removed.Why?

Johnchew5

11,246 posts

Posted by Johnchew5 > 2023-09-03 03:49 |

Post removed.Why?

Johnchew5

11,246 posts

Posted by Johnchew5 > 2023-09-03 04:11 |

Post removed.Why?

Johnchew5

11,246 posts

Posted by Johnchew5 > 2023-09-03 06:57 |

Post removed.Why?

Felix888

3,368 posts

Posted by Felix888 > 2023-09-03 09:43 | Report Abuse

Oh old ah kua aka ID is Mrs. Lim. This is his fimale identity😂🤣🤣🤣

Just88

494 posts

Posted by Just88 > 2023-09-03 12:37 | Report Abuse

I have no doubt that Jaks will do more and more PP for the next few years and that is hugely dilutive for retail investors. Jaks IR said no more PP but AGM approved another 10% PP. Jaks has never kept its words. CPO had said no fund raising at low prices. They have no choice but to raise more funds through PP or RI to cover cash shortages. Bank refinancing is getting harder if not impossible for them. My personal opinion is to take advantage of this rally to cut position and buy back later when desirable. Jaks' boss has taken up the remaining PP at 0.18 and has to divest at higher price so as to conserve cash to take up more pp. Doing nothing is not the right solution here. Jaks' liquidity problem is real. It won't just go away because of share price rally.

Tyre220069

601 posts

Posted by Tyre220069 > 2023-09-03 13:36 | Report Abuse

Dear Investors, please do not trust the call to sell by J88, earlier he also called sell at 18 cents,those who followed him are now crying.

Johnchew5

11,246 posts

Posted by Johnchew5 > 2023-09-03 16:02 |

Post removed.Why?

huahtai98

770 posts

Posted by huahtai98 > 2023-09-03 16:41 | Report Abuse

Some people just talk as if they know everything...qie!

Johnchew5

11,246 posts

Posted by Johnchew5 > 2023-09-03 19:54 | Report Abuse

1/9/2023 . Fri

12.30 pm : 0.225 VWAP : 0.218
Volume : 109, 046,500


5.30 pm : 0.235 VWAP 0.224
Volume : 174,429,300



T+ 0 = 84,070,000. ( Retailer = 33,475,000 )


MA400 : 0.265

Bullcoming

848 posts

Posted by Bullcoming > 2023-09-04 08:24 | Report Abuse

Expect Jaks will continue uptrend

Johnchew5

11,246 posts

Posted by Johnchew5 > 2023-09-04 10:01 |

Post removed.Why?

Kee1211

11 posts

Posted by Kee1211 > 2023-09-04 10:13 | Report Abuse

CNASIA now coming。 Tfp , cnasia, 两间陈春华的公司同时间报赚钱。

Posted by StartOfTheBull > 2023-09-04 10:21 | Report Abuse

Rejuvenated JAKS in consolidation mode.

Johnchew5

11,246 posts

Posted by Johnchew5 > 2023-09-04 10:37 |

Post removed.Why?

Johnchew5

11,246 posts

Posted by Johnchew5 > 2023-09-04 10:40 |

Post removed.Why?

soon9913

2,783 posts

Posted by soon9913 > 2023-09-04 11:33 | Report Abuse

johnchew, do something, jangan lausai

soon9913

2,783 posts

Posted by soon9913 > 2023-09-04 13:15 | Report Abuse

John chew.. God of Jaks.... 👀

soon9913

2,783 posts

Posted by soon9913 > 2023-09-04 13:15 | Report Abuse

johnchew, do something to the share price.. dont keep copying and pasting the same old msg ... spamming

Posted by Bruce_Wayne > 2023-09-04 13:17 | Report Abuse

The recent round of private placement raised only RM23.868M ( 129,017,000 x .185 )

Jaks' share of the Vietnam JV project in 2022 was allegedly RM156.2M. In addition, dividend amounting to RM70M was also allegedly from the Vietnam JV company

Question: Why bother to undertake a private placement for such a small amount when the Vietnam JV project is allegedly generating soooo much profits?!

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3355308

soon9913

2,783 posts

Posted by soon9913 > 2023-09-04 13:19 | Report Abuse

if price can go above 0.35 then warrantholders will exercise the warrant. Jaks then will have the cash RM200mil which is sufficient to exercise the right to buy additional 10% of shareholding in Viertnamese power station

soon9913

2,783 posts

Posted by soon9913 > 2023-09-04 13:22 | Report Abuse

jaks price now is deeply undervalued....

Posted by Bruce_Wayne > 2023-09-04 13:24 | Report Abuse

On the 10th of Jul 2023, 70,500,000 share grant was issued to Ang Lam Pah & co. While the market price was then 0.18 per share, no money was received by the company because the RM12.69M worth of shares were given for FREE to Ang Lam Pah.

Off course, the company will need to expense the entire RM12.69M to the administrative expenses for Q3 2023.

For the whole year of 2022, 45,000,000 free shares were issued. It costed the company RM11,700,000 for the free shares.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3367711

i3lurker

14,205 posts

Posted by i3lurker > 2023-09-04 13:26 | Report Abuse

so fast dump cycle?

panic dump?

soon9913

2,783 posts

Posted by soon9913 > 2023-09-04 13:29 | Report Abuse

Operator JohnChew wan to collect more tickets.

Johnchew5

11,246 posts

Posted by Johnchew5 > 2023-09-04 13:51 |

Post removed.Why?

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