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 20 hours ago

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-11-01 00:07 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-11-01 00:16 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-11-01 07:21 |

Post removed.Why?

Huangbk72

4,988 posts

Posted by Huangbk72 > 2023-11-01 07:57 | Report Abuse

How to answer a ridiculous question posted by a madman.

My last post is 2013 which clearly indicated I am in profit position.

Somehow you fabricated and slander that I lost..

🤣🤣

Posted by TiGongPoPiPopi > 2023-11-01 09:11 |

Post removed.Why?

StingRay

6,868 posts

Posted by StingRay > 2023-11-01 13:02 | Report Abuse

Wasting time. 🤣🤣🤣

Huangbk72

4,988 posts

Posted by Huangbk72 > 2023-11-01 13:39 | Report Abuse

Rela members has too many time to waste 🤣🤣🤣🤣

We like to exterminate pests

StingRay

6,868 posts

Posted by StingRay > 2023-11-01 13:45 | Report Abuse

🤣🤣🤣

Posted by TiGongPoPiPopi > 2023-11-02 08:52 |

Post removed.Why?

Huangbk72

4,988 posts

Posted by Huangbk72 > 2023-11-02 11:16 | Report Abuse

1) Jaks Vietnam power plant - VN government announced new power tariff for 2023 and 2024. Tariff reduced 12%. Significant impact to JAKS as 100% reliance on this income. As IPP in Vietnam, coal and power tariff price is fixed, Government is not silly.
2) Listed Powerplants in VN reported big drop in profit and some even losses for their current QR. When we cannot get info from Jaks Hai Duong Plant, Best is to see fellow industry players. Brace for a rough Jaks Q3 and beyond.
3) VN just announced phasing out coal and LNG plant by 2030. Over 70+ Coal energy plant in Vietnam. All will be forced to convert to LNG, green ammonia or cleaner fuel. Coal is not the future. Why Jaks is raising money to buy extra 10% of the plant?
4) China will eventually exit Vietnam coal generation plant. What can a cash-strapped company like JAKs do? Even converting coal to cleaner fuel will be a massive problem.
5) Now we know why Petronas declined to participate and JV with Jaks in Vietnam. No future.

soon9913

2,771 posts

Posted by soon9913 > 2023-11-02 13:57 | Report Abuse

should get YPL buy jaks also, renewal energy counter also, then kick out the existing mgt

StingRay

6,868 posts

Posted by StingRay > 2023-11-02 17:27 | Report Abuse

Aiyo. Run road already kah? So, no more piling story kah? Kesian. 🤣

StingRay

6,868 posts

Posted by StingRay > 2023-11-02 19:46 | Report Abuse

He too ashame lah. Go to Synergy thread and tried to talk down the counter. Only end up Synergy keep doing all time high. And got the cheek to call others loss until naked conman some more. Already lose in the one year competition but refuse to admit. What more to say? 🤣

StingRay

6,868 posts

Posted by StingRay > 2023-11-02 19:51 | Report Abuse

Go and flag me in SKB. And today we can see green green. I am still in holding and waiting mode for that. Synergy still holding as per what I mentioned. Do keep an eye on that Top Of Europe hor. Today got some upgrade for my ticket. See can upgrade to business class or not. 🤣

StingRay

6,868 posts

Posted by StingRay > 2023-11-02 19:55 | Report Abuse

And please don't simply guess that Top Of Europe is TopGlove hor. Totally different entity. Correct? 🤣

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-11-03 07:08 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-11-03 07:14 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-11-03 07:16 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-11-03 07:18 |

Post removed.Why?

Huangbk72

4,988 posts

Posted by Huangbk72 > 2023-11-03 07:20 | Report Abuse

Post so much useless old info.. if so good as you promoted.. can explain cash flow position?

Breakdown TTM 12/30/2022 12/30/2021 12/30/2020 12/30/2019
Operating Cash Flow -62,823 -80,946 -31,394 20,943 211,653
Free Cash Flow -200,367 -221,265 -34,748 -11,052 211,569

curiousq

1,022 posts

Posted by curiousq > 2023-11-03 09:44 |

Post removed.Why?

curiousq

1,022 posts

Posted by curiousq > 2023-11-03 09:47 | Report Abuse

pi mampoi lah

chow hai

John Mah

17 posts

Posted by John Mah > 2023-11-03 14:10 | Report Abuse

high nta and earning two consecutive quarters but no ppl want

StingRay

6,868 posts

Posted by StingRay > 2023-11-03 20:57 | Report Abuse

Aiyo. Still playing flag flag. Only want to read view from one side. How to improve trading/investment skills? Correct? 🤣

geary

6,358 posts

Posted by geary > 2023-11-03 22:45 | Report Abuse

Hahaha...Only Swines are easily lured into such good for nothing... company...insiders...outsiders...are scammers... crocodiles n piranhas...KYY already lost millions...after visited Vietnam Power Plant...plus all kena Swindled by Jaks Insiders...!?
Lagi Tak Tahu... that's why all lost until kisiao...anyhow defecating n urinating in i3...🤮😷

Sslee

6,248 posts

Posted by Sslee > 2023-11-04 08:22 | Report Abuse

Mike-tikus aka Johnchew1-5 now got so many new enemies. Serve him right for promoting Jaks day and night 24/7/365 with his half past six FA andcTA as investment when it is clearly just a stock for trading

Posted by StingRay > Nov 3, 2023 8:57 PM | Report Abuse
Aiyo. Still playing flag flag. Only want to read view from one side. How to improve trading/investment skills? Correct? 🤣

geary
6023 posts
Posted by geary > Nov 3, 2023 10:45 PM | Report Abuse
Hahaha...Only Swines are easily lured into such good for nothing... company...insiders...outsiders...are scammers... crocodiles n piranhas...KYY already lost millions...after visited Vietnam Power Plant...plus all kena Swindled by Jaks Insiders...!?
Lagi Tak Tahu... that's why all lost until kisiao...anyhow defecating n urinating in i3...🤮😷

i3lurker

13,971 posts

Posted by i3lurker > 2023-11-04 10:30 | Report Abuse

Mr sslee
you reply to mike tikus is very dangerous.
You are very lucky mike tikus night time job is to bend down at Jalan Alor massage parlour.
If mike tikus night time job is as a terrorist with Ham_ass or Has_Ball_ah then you very unlucky will get a missile sent to your handphone.
Hiding inside ambulance will not help.

0 seconds ago

Posted by MagicalBobby > 2023-11-04 11:08 | Report Abuse

Big suiyee con sucker suiyee bilis???.....Good story mah.....

Also, that flagger suiyee lost his challenge but never honor the terms......really sucker suiyee.....Haiyoh..Correct?

Posted by MagicalBobby > 2023-11-04 11:57 | Report Abuse

Not all suiyee bilis are created equal.. that one keep making same mistake over and over again. At TG have 2 chances to escape 76c, even can make a few pennies, but made wrong moves again.....Haiyoh..Correct?

Posted by MagicalBobby > 2023-11-04 11:59 | Report Abuse

Lost his 2 chances at TG, now cry ahpah, cry ahmah.......

Even lost his challenge at JAKS but did not keep his honor......really tong sampah!...Haiyoh..Correct?

Felix888999

1,642 posts

Posted by Felix888999 > 2023-11-04 12:42 |

Post removed.Why?

Felix888999

1,642 posts

Posted by Felix888999 > 2023-11-04 12:43 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-11-06 05:04 |

Post removed.Why?

Sslee

6,248 posts

Posted by Sslee > 2023-11-06 08:32 | Report Abuse

Everyone know Jaks Q3 and Q4 outlook as below except Mike-tikus aka Johnchew1-5 still promoting Jaks day and night 24/7/365 with his half past six FA and TA.

Since jaks granted 70,500,000 ordinary shares (“LTIP Shares”) SG. Share grant on 10 july 2023 hence RM12.69M of LTIP expenses will only be charged to Q3 2023 under other operating, administrative expenses.
Hence Q3 2023 NP will be Q to Q drop

Based on past 4 years norm jaks Q4 2023 another Q to Q drop due to impairment on trade and other receivables and impairment loss on goodwill.

This is what happen the past 4 years.
12 months end 31/12/22: 12 months end 31/12/21
RM'000: RM'000
Impairment Loss on Goodwill 29,000: 23,636
Allowance for impairment of receivables 22,833: 20,348

12 months end 31/12/20: 12 months end 31/12/19
RM'000: RM'000
Impairment Loss on Goodwill 52,000: 20,365
Allowance for impairment of receivables 69,507: 12,490

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-11-06 08:53 |

Post removed.Why?

Sslee

6,248 posts

Posted by Sslee > 2023-11-06 09:14 | Report Abuse

let's debate on what geary comment on jaks, shall we?

Posted by geary > Nov 3, 2023 10:45 PM | Report Abuse
Hahaha...Only Swines are easily lured into such good for nothing... company...insiders...outsiders...are scammers... crocodiles n piranhas...KYY already lost millions...after visited Vietnam Power Plant...plus all kena Swindled by Jaks Insiders...!?
Lagi Tak Tahu... that's why all lost until kisiao...anyhow defecating n urinating in i3...🤮😷

Huangbk72

4,988 posts

Posted by Huangbk72 > 2023-11-06 09:36 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-11-07 04:54 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-11-07 04:54 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-11-07 05:32 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-11-07 05:35 |

Post removed.Why?

Sslee

6,248 posts

Posted by Sslee > 2023-11-07 08:28 | Report Abuse

If no financial institution wants to lend money to jaks maybe can consider borrowing from Insas credit and leasing.

ICL reported lower revenue of RM25.5 million and pre-tax profit of RM15.9 million in FY 2023 (FY 2022: revenue of RM30.9 million and pre-tax profit of RM22.3 million) from its structured finance business due to a lower loan portfolio of RM281 million as at 30 June 2023 as compared to RM306 million on 30 June 2022. ICL’s revenue and pre-tax profit returns remain fairly consistent in line with the level of its loan portfolio.


Posted by Mikecyc > Nov 7, 2023 5:32 AM | Report Abuse
Haha in fact as posted earlier, looking at more than 2 years Share of Profit n 2022 Dividend.. Jaks shl increase Vietnam JV company shareholding from 30 % to 40 % : 


Jaks insiders are exploring all the financial funding possibilities:

Huangbk72

4,988 posts

Posted by Huangbk72 > 2023-11-07 08:34 | Report Abuse

Forget it… based on Jaks performance record. No legal lender will give loan. They got the VN Hai Duong plant solely on CPECC strength.

Today, any Banks will reject Jaks based on bad Roe and no future in Vietnam for coal energy.

Who will fund the extra 10%? Poor shareholders lo.

StingRay

6,868 posts

Posted by StingRay > 2023-11-07 09:48 | Report Abuse

🤣🤣🤣 Those taken advise to switch from Jaks to Eatech, I guess they would be very please of making that decision. No need to worry and read all the piling stories for the last 5 months. 🤣🤣🤣

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-11-07 10:30 |

Post removed.Why?

Sslee

6,248 posts

Posted by Sslee > 2023-11-07 10:31 | Report Abuse

Is another RI coming with billion in share and free warrants just to raise cash of RM 200 million?

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-11-07 10:31 |

Post removed.Why?

StingRay

6,868 posts

Posted by StingRay > 2023-11-07 10:38 | Report Abuse

🤣🤣🤣 Must thank that conman talking down on Synergy. Helped me to get more cheaper ticket. Those listen to him, already warned many times about his con. 🤣🤣🤣

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-11-07 10:50 |

Post removed.Why?

StingRay

6,868 posts

Posted by StingRay > 2023-11-07 10:52 | Report Abuse

🤣🤣🤣 And proven you loss to a person you claimed loss naked bokkai. Still don't dare to admit the 3 counters you use to challenge me? 🤣🤣🤣

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