JAKS RESOURCES BERHAD

KLSE (MYR): JAKS (4723)

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Last Price

0.135

Today's Change

-0.005 (3.57%)

Day's Change

0.135 - 0.14

Trading Volume

11,666,400


41 people like this.

64,796 comment(s). Last comment by Huangbk72 1 day ago

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-14 05:55 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-14 05:56 |

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Sslee

6,248 posts

Posted by Sslee > 2023-10-14 09:58 | Report Abuse

Repost:
Posted by BobAxelrod33 > Oct 14, 2023 7:46 AM | Report Abuse
"WHEN A CLOWN MOVES INTO A PALACE, HE DOESN'T BECOME A KING. THE PALACE BECOMES A CIRCUS" ------------- Turkish Proverb

Posted by Felix999 > Oct 14, 2023 8:58 AM | Report Abuse
"The greatest enemy of civilization is the barbarian within." - Heinrich Heine


I3 has many barbarians within and the worst type is Mike-tikus and his many ID. Many right and sound minded people already leave i3 for good because of people like Mike-tikus flooding the whole forum with his repeatedly cut and paste vulgarity,insult, slander and gibberish.

I3 used to be the place where investors can exchange useful opinion, figure and fact but sadly no more because of the many barbarians within.

joyvest

10,424 posts

Posted by joyvest > 2023-10-14 10:17 | Report Abuse

These so called " promoters " of Jaks have abused I3 forum where they start to hurl slanders , gibberish etc when their posts are refuted with justifications and true facts. They are bunch of egoists who are delusional of the highest order. Parasites of I3 .

stockraider

31,556 posts

Posted by stockraider > 2023-10-14 12:51 | Report Abuse

Better sell & switch to Insas b4 too late mah!

stockraider

31,556 posts

Posted by stockraider > 2023-10-14 12:52 | Report Abuse

Insas score all positive points as super investable stock when share price is still hanging below 90 sen loh!

FUNDAMENTAL FACTORS
1. It has a net cash of Rm 1.10 per share.
2. It trade at a PE of below 5x.
3. It has an NTA per share of Rm 3.43 per share.
4. If u add the potential mark to market gain of Inari & M&A, the revised Nta of insas exceed Rm 4.50 per share mah!.
5. It pays a dividend of 2.5 sen, that give a dividend yield of 2.82% pa, very close to the short term FD rates of 3.0% pa.
6. Insas has shown earnings sustainability & consistency as for the past 10 yrs, annually Insas has been reporting good profit n most amazingly every qtr for the past 10 yrs, Insas has been reporting positive positive every qtr loh!
7. If u invest in insas, U r exposing to the biggest tech listed Composite Index co in KLSE-Inari.
8. U r also deriving the best manage Finance Co in KLSE by investing in insas mah!

GORENG FACTORS
9. Insas own the most efficient goreng corp finance listed co in klse-M&A
10. Insas is due to be goreng bcos its share price at 88.5 sen now is close to the exercise price of the warrant at 90 sen mah!
11. The insas chart indicate Insas is due to breakout of 90 sen & powerfully will go above Rm 1.20 soon loh!
12. Insas is one of the most promising incubators & its Venture capital has been performing very well loh!

Do not missed this INSAS high positive profitability potential, INVEST NOW LOH!

Posted by StartOfTheBull > 2023-10-14 13:11 | Report Abuse

Make no mistake, if Jaks is same price as Insas 88.5c, better sell & switch to Insas b4 too late!

Posted by Bruce_Wayne > 2023-10-14 14:44 | Report Abuse

Huangbk72 ,

Interesting observation!

There will also be high amount of cash invested in nebulous projects and constant increases in financing

At least Serba posted positive operating cash flow

Jaks

RM Millions ___________________ 2020 ______ 2021 _______ 2022
Net Cash from operating _____ 20.94 ______ (31.39) _____ (80.94)
Net Cash used in investing ___ (172.72) ___ (106.21) ____ (73.45)
Net Cash from financing ______ 187.3 ______ 100.25 ____ 103.57


Serba
Unaudited results

RM Millions ___________________ 2018 _____ 2019 ______ 2020
Net Cash from operating ______ 97.11 ____ 212.58 ____ 97.145
Net Cash used in investing ___ (873.4) ____ (890.75) __ (1,041)
Net Cash from financing ______ 1,253 _____ 1,311 _____ 512.7


p.s. Yinson is showing similar patterns over the past 2-3 years

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Posted by Huangbk72 > 23 hours ago | Report Abuse

Is is extremely hard for Jaks to pay any dividend. They are relying on external funding or funds not generated from operations to keep running.
...

Profit can easily be adjusted. Cash flow is difficult to adjust and it shows actual health of the company.

Huangbk72

4,988 posts

Posted by Huangbk72 > 2023-10-14 16:46 | Report Abuse

Hi Bruce

Been awhile since we were commenting in Serba.

Cant say much about projects and where the money went for Jaks.. just started analyzing the company. Bit by bit... but eventually much more will be uncovered.

One interesting fact for today.. CEO pay. Not easy to find a debt stricken company that pays its CEO so well.. So well above market

Found out that Jaks CEO annual compensation is through the roof. Not normal.

Comparison of CEO annual remuneration. ( compared to fellow competitors and thrown in Petdag as a yardstick)

Jaks - Mr. Lam Poah Ang - Latest Remuneration - RM9,951,702
KKB - Mr. Pok Tong Kho - RM899,000
Samaiden - Pui Hee Chow - RM511,643

PetDag - Azrul Bin Osman Rani - RM1,894,800

Posted by Bruce_Wayne > 2023-10-14 22:17 | Report Abuse

Huangbk72,

Yes, Serba was quite a few summers ago

I do remember cons like PearlWhite, Mabel, ConPipi, InvestorKing etc . Probably changed avatars in Jaks

Noticed Khor Hun Nee is a director of Jaks. Maybe a proxy for Eddie Ong ( private placement circle fraud in Opcom, Ptrans and possibly soon to be in Jaks)

.

Posted by Bruce_Wayne > 2023-10-14 22:20 | Report Abuse

It will be legally ok if the remuneration is declared to LHDN

But over RM61M worth of free shares issued was not reported to LHDN

Between 2019 and July 2023, Jaks has issued the following amount and value of shares under the share grant plans:

____________________ Units ___________ Value (RM)
July 2023 ________ 70,500,000 ________ 12,690,000
2022 _____________ 45,000,000 ________ 11,700,000
2020 _____________ 19,945,000 ________ 17,052,975
2019 _____________ 38,709,760 ________ 19,741,978
Total ____________ 174,154,760 ________ 61,184,953


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Huangbk72

Hi Bruce

Been awhile since we were commenting in Serba.

One interesting fact for today.. CEO pay. Not easy to find a debt stricken company that pays its CEO so well.. So well above market

Jaks - Mr. Lam Poah Ang - Latest Remuneration - RM9,951,702

.

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-15 05:30 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-15 05:31 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-15 05:32 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-15 05:33 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-15 05:33 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-15 05:38 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-15 05:40 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-15 05:41 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-15 05:44 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-15 05:45 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-15 08:49 |

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MrFox

1,269 posts

Posted by MrFox > 2023-10-15 10:47 | Report Abuse

aiyo! whateverlah..dun forget about YTLPower!!! buy n hold...sure you will we wet songd song!! haha

SomaCruz89

305 posts

Posted by SomaCruz89 > 2023-10-15 14:30 |

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Posted by StartOfTheBull > 2023-10-15 14:52 | Report Abuse

Konkam Ular you talk day and night non stop with those professional kons also can't affect the price lah, unless you and your kon gang collect enough tickets then only can short it lah. Haiyo, correct?

qqq47660

8,944 posts

Posted by qqq47660 > 2023-10-15 18:00 | Report Abuse

no other share in bursa except Jaks meh?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-15 18:07 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-15 18:08 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-15 18:09 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-15 18:11 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-15 18:12 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-15 18:17 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-15 18:20 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-15 18:21 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-15 18:22 |

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SomaCruz89

305 posts

Posted by SomaCruz89 > 2023-10-15 23:09 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-16 07:59 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-16 08:04 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-16 08:07 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-16 08:10 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-16 08:11 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-16 08:12 | Report Abuse

MA10 : 0.2095


1.) 1st hurdle BB 20 2 Mid : 0.2100 


2.) 2nd hurdle MA200 : 0.2132


3.) 3rd hurdle MA400 ( from 0.27 to 0.25 )


4.) 4th hurdle 52W H ……( from 0.34 to 0.305 )


VWAP : 0.213 CP : 0.215




MA10 : 0.2090


1.) 1st hurdle BB 20 2 Mid : 0.2110


2.) 2nd hurdle MA200 : 0.2122


3.) 3rd hurdle MA400 ( from 0.27 to 0.25 )


4.) 4th hurdle 52W H ……( from 0.34 to 0.305 )


VWAP : 0.215 CP : 0.210

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-16 08:22 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-16 08:24 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-16 08:28 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-16 08:29 |

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UlarSawa

35,552 posts

Posted by UlarSawa > 2023-10-16 08:30 |

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Huangbk72

4,988 posts

Posted by Huangbk72 > 2023-10-16 08:34 | Report Abuse

@ ular

This sole project in Vietnam is killing Jaks

100% black hole

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-16 08:35 |

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-16 08:36 |

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