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 6 hours ago

Felix888

3,368 posts

Posted by Felix888 > 2023-09-07 23:11 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-07 23:11 |

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UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-07 23:12 |

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soon9913

2,783 posts

Posted by soon9913 > 2023-09-07 23:13 | Report Abuse

it is obviously PP huge ticket at 0.18...cheap ticket... u really think operator will keep it for years?

soon9913

2,783 posts

Posted by soon9913 > 2023-09-07 23:13 | Report Abuse

operator Johnchew cannot sleep well tonight... still thinking to push up the price

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-07 23:22 |

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Johnchew5

11,266 posts

Posted by Johnchew5 > 2023-09-07 23:32 | Report Abuse


Less Liquidity → Because the securities bought in a private placement are typically not publicly traded, such investments are not as liquid as those offered in an IPO. The difference in liquidity between IPOs and private placements is a critical factor that determines the types of investors that decide to participate.

Posted by StartOfTheBull > 2023-09-07 23:34 | Report Abuse

Read the example below:
On behalf of the Board of Directors of AAX, AmInvestment Bank Berhad wishes to announce that the Company proposes to undertake a placement of 32,258,066 new ordinary shares in AAX (“AAX Shares”), representing approximately 7.78% of the total number of issued AAX Shares, to AHAM Asset Management Berhad, AIIMAN Asset Management Sdn Bhd and Lavin Group Sdn Bhd (collectively, the “Subscribers”) at an issue price of RM1.55 per AAX Share, vide three (3) conditional share subscription agreements entered into between the Company and each of the Subscribers on 22 May 2023 respectively (“Proposed Placement”).
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3353741

AAX is now RM2.45.

Johnchew5

11,266 posts

Posted by Johnchew5 > 2023-09-07 23:36 | Report Abuse

What is the hold period for private placement?
Typically, securities listed pursuant to a private placement will be subject under applicable securities laws to a four-month hold period before the securities can be re-sold. For convertible securities, the hold period begins on the date of conversion, not the date the convertible security is issued.9 Aug 2023 .

Posted by StartOfTheBull > 2023-09-07 23:37 | Report Abuse

AAX private placement issue price RM1.55, share price today closed at RM2.45.

Johnchew5

11,266 posts

Posted by Johnchew5 > 2023-09-07 23:38 |

Post removed.Why?

Johnchew5

11,266 posts

Posted by Johnchew5 > 2023-09-07 23:40 |

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UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-07 23:45 |

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UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-07 23:47 |

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i3lurker

14,208 posts

Posted by i3lurker > 2023-09-07 23:49 | Report Abuse

According to the Rules of Bursa Malaysia Securities, securities from private placement are subject to a six-month moratorium from the date of listing or issuance, whichever is later. This means that the securities cannot be sold, transferred, or pledged during this period. However, Bursa Malaysia Securities may grant exemptions or variations to this rule under certain circumstances. For example, in a recent case, KNM Group Berhad announced that it had obtained approval from Bursa Malaysia Securities to shorten the moratorium period for its private placement shares from six months to three months

Johnchew5

11,266 posts

Posted by Johnchew5 > 2023-09-07 23:50 |

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UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-07 23:52 |

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UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-07 23:54 |

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Johnchew5

11,266 posts

Posted by Johnchew5 > 2023-09-07 23:58 | Report Abuse

5) Jan to Feb 2024 : will Jaks be successful increase Vietnam JV holding from 30 % to 40 % ??


Note : PP extension of time of up to 29 January 2024 .

Latest 👉Second tranche pp, cleared the remaining outstanding pp units. Ex price o.18 .

This announcement is dated 30 August 2023.

👉 Now is depends on DRP ..

soon9913

2,783 posts

Posted by soon9913 > 2023-09-07 23:59 | Report Abuse

kacang putih buys at 0.22, big boss buys at 0.18...
big boss will throw all tickets to you.

yes to YOU

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-08 00:01 |

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Johnchew5

11,266 posts

Posted by Johnchew5 > 2023-09-08 00:02 |

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UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-08 00:05 |

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i3lurker

14,208 posts

Posted by i3lurker > 2023-09-08 00:05 | Report Abuse

in real life all PP applicants already had a Short Seller agreement in place. Thats not illegal for investors to have.
its legal as long as PP shares are not pledged

so can execute short selling and repay shares after expiry of moratorium.
Thats very comforting coz you have 4 sen profit immediately

4/22 => 18 % gain

it just depends on how much the IB charge you for 6 months loan of securities 🤣

wonderful rite?

Johnchew5

11,266 posts

Posted by Johnchew5 > 2023-09-08 00:05 |

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Johnchew5

11,266 posts

Posted by Johnchew5 > 2023-09-08 00:07 | Report Abuse

6/9/2023. Wednesday



T+ 3 = 15,168,600 ( Retailer = 14,645,000 )



12.30 pm : 0.230 VWAP : 0.225
Volume : 20,933,900



5.30 pm : 0.225 VWAP 0.225
Volume : 24,897,300



Daily Range : 0.220 —- 0.230


——


7/9/2023 : Thursday


T+ 4 = 4,916,300 ( Retailer = 0 )


12.30 pm : 0.220 VWAP : 0.220
Volume : 40,940,000



5.30 pm : 0.215 VWAP 0.220
Volume : 47,393,500



Daily Range : 0.215 —- 0.225



24,200,000

===

8/9/2023 : Friday


T + 1 = 29,823,500

i3lurker

14,208 posts

Posted by i3lurker > 2023-09-08 00:08 | Report Abuse

same thing applies with people who had converted whatchamacallits.
Its never illegal to have a Short Selling agreement signed.

Only requirement is moratorium shares is not pledged

above all applies just replace the type of moratorium securities

UlarSawa

35,552 posts

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

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soon9913

2,783 posts

Posted by soon9913 > 2023-09-08 00:08 | Report Abuse

hoho operator johnchew will throw the price soon............ he has made enough

soon9913

2,783 posts

Posted by soon9913 > 2023-09-08 00:10 | Report Abuse

what if price back to 0.18?..

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-08 00:11 |

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soon9913

2,783 posts

Posted by soon9913 > 2023-09-08 00:13 | Report Abuse

dont let the operator Johnchew run away at high price...

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-08 00:13 |

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Posted by StartOfTheBull > 2023-09-08 00:14 | Report Abuse

😁 i3Licker talk kot.

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-08 00:14 |

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UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-08 00:15 |

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soon9913

2,783 posts

Posted by soon9913 > 2023-09-08 00:16 | Report Abuse

johnchew run away at 0.21 is still profitable

Johnchew5

11,266 posts

Posted by Johnchew5 > 2023-09-08 00:16 | Report Abuse




Total Net Short Position for 06/09/2023

JAKS
JAKS RESOURCES BERHAD
19,456,300
0.85 %

soon9913

2,783 posts

Posted by soon9913 > 2023-09-08 00:19 | Report Abuse

johnchew how about short selling on 5.9 and 4.9?

soon9913

2,783 posts

Posted by soon9913 > 2023-09-08 00:20 | Report Abuse

operator johnchew, if want share all la

dont share some hide some

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-08 00:20 |

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soon9913

2,783 posts

Posted by soon9913 > 2023-09-08 00:21 | Report Abuse

PP 80mil units at 0.18... easily absorb the shortselling

soon9913

2,783 posts

Posted by soon9913 > 2023-09-08 00:22 | Report Abuse

huat ar those big boss and operator at 0.18

kesian kacang putih bought at high price

Johnchew5

11,266 posts

Posted by Johnchew5 > 2023-09-08 00:25 |

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UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-08 00:29 |

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SomaCruz89

305 posts

Posted by SomaCruz89 > 2023-09-08 00:32 |

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UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-08 00:33 |

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Johnchew5

11,266 posts

Posted by Johnchew5 > 2023-09-08 05:51 |

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Johnchew5

11,266 posts

Posted by Johnchew5 > 2023-09-08 06:00 |

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Johnchew5

11,266 posts

Posted by Johnchew5 > 2023-09-08 06:01 | 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 👍

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