Forum : Stock: [JAKS]: JAKS RESOURCES BERHAD

4/9/2023 . Mon

12.30 pm : 0.23 VWAP : 0.235
Volume : 46,237,300

5.30 pm : 0.235 VWAP 0.234 Volume : 60,733,600

T+ 1 = 84,070,000. ( Retailer = 33,475,000 )

Daily Range : 0.225 —- 0.245

—

5/9/2023 Tuesday

T+2 = 23,336,400. ( Retailer = 33,475,000 )

—

Let’s see Purging out until at what Foundation no ….

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-05 11:27 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-05 11:30 |

Post removed.Why?

Johnchew5

11,247 posts

Posted by Johnchew5 > 2023-09-05 12:17 |

Post removed.Why?

SomaCruz89

305 posts

Posted by SomaCruz89 > 2023-09-05 12:47 | Report Abuse

🐍sawa kasi hentam dgn MSK sampai kemek

Johnchew5

11,247 posts

Posted by Johnchew5 > 2023-09-05 12:54 | 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

——-

4/9/2023 . Mon

12.30 pm : 0.23 VWAP : 0.235
Volume : 46,237,300

5.30 pm : 0.235 VWAP 0.234 Volume : 60,733,600

T+ 1 = 84,070,000. ( Retailer = 33,475,000 )

Daily Range : 0.225 —- 0.245

—

5/9/2023 Tuesday

T+2 = 23,336,400. ( Retailer = 33,475,000 )

12.30 pm : 0.22. VWAP : 0.225
Volume : 15,130,000

Bruce_Wayne

148 posts

Posted by Bruce_Wayne > 2023-09-05 13:09 | Report Abuse

The story is not created by someone, it's created by Jaks itself.

The paragraph containing the words - "ZC Energy is owned by two Chinese nationals, namely Mr. Ji Jian and Mr. Wang Xue Jun ......" is in the PR release by Jaks.

Link is here:

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=138818&name=EA_GA_ATTACHMENTS

Searches on German companies can be done at https://www.unternehmensregister.de

There is no such company with the name of BaySolar AG or Bay Energy Group

There is a company named 'Zero Carbon Energy Europe GmbH' and was formed in 2023 with a paid up capital is 25EUR; and the shareholders are Ji Jian and Wang Xue Jun

--->>> Do the search yourself to cross check

There is a reference to BaySolar AG and Bay Energy Group at the solar companies directory at: https://www.enfsolar.com/baysolar

The listed url for BaySolar Ag is www.bayenergy.net

Check with https://lookup.icann.org/en/lookup shows the domain bayenergy.net has expired

Checks with archive.org shows that the domain previously contained information on a wheel company that is based in China:

https://web.archive.org/web/20230128222341/http://www.bayenergy.net/

--->>> All references and links for fact checkings have been detailed above.

--->>> It's Ang Lam Pah who's creating scam MOU stories!

---

Posted by StartOfTheBull > 6 hours ago | Report Abuse

Below is a created story by someone:
""""""""""
There's a para in the memorandum of underwear with ZC energy:

"ZC Energy is owned by two Chinese nationals, namely Mr. Ji Jian and Mr. Wang Xue Jun, each holding 50% of the shares and the Managing Director is Mr. Ji Jian. It is a company specifically established for Italian projects and is the project sponsor of the current project in Tuscany. Mr. Wang Xue Jun also owns BaySolar AG and Bay Energy Group which has previously developed similar solar projects in Europe ranging from 7.4MW to 163MW."

Facts:
ZC energy is a new setup with paid up of 25 EUR
Wang Xue Jun's BaySolar AG has the following contact:
Franklinstraße 56, 60486 Frankfurt am Main, Deutschland
+49 69 50929198
www.bayenergy.net

bayenergy.net domain was created on 2019-07-08 and has expired on 2023-07-08

StartOfTheBull

7,909 posts

Posted by StartOfTheBull > 2023-09-05 14:08 | Report Abuse

More reliable is this:

DOCUMENTS AVAILABLE FOR
INSPECTION
Copy of the MOU will be made
available for inspection at the Company’s
registered office at 802,8th Floor, Block C
Kelana Square, 17 Jalan SS7/26, 47301
Petaling Jaya, Selangor Darul Ehsan,
during office hours from Monday to
Friday (except public holidays) for a
period of three (3)months from the date
of this Announcement.
This announcement is dated 26 July 2023

StartOfTheBull

7,909 posts

Posted by StartOfTheBull > 2023-09-05 14:10 | Report Abuse

Cannot proof it is a scam MOU, wasting time to check.

Bruce_Wayne

74 posts

Posted by Bruce_Wayne > 47 minutes ago | Report Abuse

The story is not created by someone, it's created by Jaks itself.

The paragraph containing the words - "ZC Energy is owned by two Chinese nationals, namely Mr. Ji Jian and Mr. Wang Xue Jun ......" is in the PR release by Jaks.

Link is here:

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=138818&name=EA_GA_ATTACHMENTS

Searches on German companies can be done at https://www.unternehmensregister.de

There is no such company with the name of BaySolar AG or Bay Energy Group

There is a company named 'Zero Carbon Energy Europe GmbH' and was formed in 2023 with a paid up capital is 25EUR; and the shareholders are Ji Jian and Wang Xue Jun

--->>> Do the search yourself to cross check

There is a reference to BaySolar AG and Bay Energy Group at the solar companies directory at: https://www.enfsolar.com/baysolar

The listed url for BaySolar Ag is www.bayenergy.net

Check with https://lookup.icann.org/en/lookup shows the domain bayenergy.net has expired

Checks with archive.org shows that the domain previously contained information on a wheel company that is based in China:

https://web.archive.org/web/20230128222341/http://www.bayenergy.net/

--->>> All references and links for fact checkings have been detailed above.

--->>> It's Ang Lam Pah who's creating scam MOU stories!

---

Posted by StartOfTheBull > 6 hours ago | Report Abuse

Below is a created story by someone:
""""""""""
There's a para in the memorandum of underwear with ZC energy:

"ZC Energy is owned by two Chinese nationals, namely Mr. Ji Jian and Mr. Wang Xue Jun, each holding 50% of the shares and the Managing Director is Mr. Ji Jian. It is a company specifically established for Italian projects and is the project sponsor of the current project in Tuscany. Mr. Wang Xue Jun also owns BaySolar AG and Bay Energy Group which has previously developed similar solar projects in Europe ranging from 7.4MW to 163MW."

Facts:
ZC energy is a new setup with paid up of 25 EUR
Wang Xue Jun's BaySolar AG has the following contact:
Franklinstraße 56, 60486 Frankfurt am Main, Deutschland
+49 69 50929198
www.bayenergy.net

bayenergy.net domain was created on 2019-07-08 and has expired on 2023-07-08

Johnchew5

11,247 posts

Posted by Johnchew5 > 2023-09-05 14:21 |

Post removed.Why?

StartOfTheBull

7,909 posts

Posted by StartOfTheBull > 2023-09-05 14:41 | Report Abuse

Is anyone there has been fooled to take contra profit or cut loss?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-05 14:55 |

Post removed.Why?

Sslee

6,480 posts

Posted by Sslee > 2023-09-05 14:57 | Report Abuse

Repost:
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 ( aka worthless toilet paper) 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.

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-05 14:57 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-05 15:01 |

Post removed.Why?

StartOfTheBull

7,909 posts

Posted by StartOfTheBull > 2023-09-05 15:03 | 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. More, 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 it seems 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 > 1 minute 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.

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-05 15:03 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-05 15:05 |

Post removed.Why?

Market Buzz

2024-10-21

Forum

10 New Comments

Featured Posts

MQ Trader

Introducing MY's First IPO Fund for Sophisticated Investors!

MQ Chat

New Update. Discover investment communities that resonate with your ideas

MQ Trader

M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a

Latest Videos