JAKS RESOURCES BERHAD

KLSE (MYR): JAKS (4723)

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Last Price

0.14

Today's Change

0.00 (0.00%)

Day's Change

0.13 - 0.14

Trading Volume

17,675,400


41 people like this.

64,796 comment(s). Last comment by Huangbk72 4 hours ago

Posted by StartOfTheBull > 2024-03-02 17:18 | Report Abuse

Xiaoeh and MrFox, please share some facts and figures like Madam Huang. Some people maybe interested to read.
Thank you.

Felix888999

1,642 posts

Posted by Felix888999 > 2024-03-02 17:19 |

Post removed.Why?

Posted by StartOfTheBull > 2024-03-02 17:21 | Report Abuse

* Mr Huang, not Madam Huang.
Sorry, my mistake.

Huangbk72

4,987 posts

Posted by Huangbk72 > 2024-03-02 17:22 | Report Abuse

Auntie Felicia

Who is proven a slanderer? You
Who is proven to a soft backbone person? You

That is what we call Sia Suay to your family name

Slander and run away when challenged 😂😂😂

Posted by MrHuangBK > 11 minutes ago | Report Abuse

Repost from PMcorp


Good good Auntie Felicia

Let’s take a death bet:

If I still hold PMcorp stocks since 2013
If I lost even 1c since 2013 in PMcorp

See.. u have all the advantage

Don’t say you run away again. Now follow your terms 😂😂

Felix888999

1,642 posts

Posted by Felix888999 > 2024-03-02 17:22 |

Post removed.Why?

Huangbk72

4,987 posts

Posted by Huangbk72 > 2024-03-02 17:24 | Report Abuse

Hahaha Auntie Felicia

So when you going to grow a backbone?

This bet is not even about any stocks.. Its to prove your own words

You say.. u prove...

See.. so simple

Posted by Shareview123 > 2024-03-02 17:29 | Report Abuse

I am a person With dignity and integrity, just to share my views for retailers to recovery back some of their money or Losses, or for those retailers who wish to make some money from the market.
I Will never promote or influence the retailers to buy a counter if the counter is at historical high and totally out of money and With very high risks or down side risks

Huangbk72

4,987 posts

Posted by Huangbk72 > 2024-03-02 17:30 | Report Abuse

What happens if the price come down to 15/16c range? 😂😂😂

All your words is false then

Posted by Shareview123 > 10 seconds ago | Report Abuse

I am a person With dignity and integrity, just to share my views for retailers to recovery back some of their money or Losses, or for those retailers who wish to make some money from the market.
I Will never promote or influence the retailers to buy a counter if the counter is at historical high and totally out of money and With very high risks or down side risks

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-02 17:31 |

Post removed.Why?

xiaoeh

2,518 posts

Posted by xiaoeh > 2024-03-02 17:33 | Report Abuse

Posted by StartOfTheBull > 12 minutes ago | Report Abuse
Xiaoeh and MrFox, please share some facts and figures like Madam Huang. Some people maybe interested to read.
Thank you.

Dear StartOfTheBull
will do will do...
still learning still learning....

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-02 17:35 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-02 17:37 |

Post removed.Why?

Huangbk72

4,987 posts

Posted by Huangbk72 > 2024-03-02 17:37 | Report Abuse

Mikecyc... Hahaha.. still happy to slander.. Dont run away this time ya

if I buy from 0.38 until 0.36 in pmcorp in 2013.. I die a fiery death

If I didnt.. U die a fiery death

U dare to prove you are not slandering?

Posted by Mikecyc > 16 seconds ago | Report Abuse

Haha what happen to yr PMCorp posted on November 2013 … Averaging down from RM 0.38 ke .. RM 0.36 ke …why hibernated more than 7 years since 2014 …and posted is a Long term investor…🤣🤣🤣

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-02 17:39 |

Post removed.Why?

Felix888999

1,642 posts

Posted by Felix888999 > 2024-03-02 17:41 |

Post removed.Why?

Huangbk72

4,987 posts

Posted by Huangbk72 > 2024-03-02 17:41 |

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Posted by Shareview123 > 2024-03-02 17:43 | Report Abuse

Whether the price for Jaks Will drop to 0.165, 0.155 or 0.10 or below 0.10
is not a issue.
The main issue is whether Jaks is worth to buy / invest and whether jaks Will go up or not

If the answer is yes, then just buy and hold,

If your target is 20 % within a year from 0.18 x( 120%) = 0.216

If you target is 50 % within a year from 18 sens
0.18 x 150 % =0.27 or 27 sens

I believe for jaks to go up to 0.215/0.22 within a year shall not be a problem,
Downside risks very minimum and we can average down some more at 0.15
this is not an issue at all

Huangbk72

4,987 posts

Posted by Huangbk72 > 2024-03-02 17:51 | Report Abuse

Upcoming PP most likely 15/16c range.

How can it go up to 215/22? 😂😂😂😂

U ask Jaks cancel PP.. show stronger cash flow.. then maybe

Posted by Shareview123 > 2024-03-02 17:59 | Report Abuse

PP is just a way for the syndicates to acquire shares or accumulate shares at Lower price and to their advantage, in order for them to push up the price and redistrubute to the retailers. As mentioned earlier for the Case of HWGB during 2019 - 2020 and Opcom in 2021

Huangbk72

4,987 posts

Posted by Huangbk72 > 2024-03-02 18:00 | Report Abuse

Wrong.. Jaks has no more money

PP is to help them pay salary

Posted by Shareview123 > 2024-03-02 18:04 | Report Abuse

Just hope the PP as mentioned can be completed as soon as possible
Once they have taken up the PP, they have no choice but to push up and redistrubute to the retailers.
If they want to keep the PP for 5 years or 10 years, it doesn't matter, just a game of patiance

Posted by Balian de Ibelin > 2024-03-02 18:07 | Report Abuse

if PP fails, Jaks will go PN17 pushing share price below 10 sen


Posted by Huangbk72 > 5 minutes ago | Report Abuse

Wrong.. Jaks has no more money

PP is to help them pay salary

Posted by Shareview123 > 2024-03-02 18:08 | Report Abuse

Fixed Deposit rates around 3.50 - 4.00% per year
Let say 4 %, for 10 years = 40%++

if jaks hit 27 sens from Current price of 18 sens in 10 years
the return per year = 50 % ÷ 10 years = 5%
still better than fixed Deposit rate of 4 %

Posted by Shareview123 > 2024-03-02 18:10 | Report Abuse

I know how to read accounts and notes to the accounts
And hod gone through So many crisis as mentioned earlier.
Not to worry
It is not a issue at all

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-02 18:13 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-02 18:15 | 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 👍

—-

Refer 3QR ended September 2023 :



Non Current Assets :


PPE. 299,238,000

Investment Properties 587,546,000

Investment in Joint Venture. 897,378,000

—-

Refer 4QR ended December 2023 :



Non Current Assets :


PPE. 296,599,000

Investment Properties 584,206,000

Investment in Joint Venture. 904,495,000



——

2QR ended June 2023 :


Reserves . : 24,909,000


> Accumulated Profit : 343,661,000. ( 1QR 324,951,000 ) ( Audited as on December 2022 is RM 310,874 ,000 )

Gearing Ratio : 0.362X


>> Accumulated Profit on 3QR ended September 2023 : 350,327,000

Huangbk72

4,987 posts

Posted by Huangbk72 > 2024-03-02 18:19 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-02 18:19 | Report Abuse

> Accumulated Profit : 343,661,000. ( 1QR 324,951,000 ) ( Audited as on December 2022 is RM 310,874 ,000 )

Gearing Ratio : 0.362X


>> Accumulated Profit on 3QR ended September 2023 : 350,327,000

》〉Accumulated Profit on 4QR ended December 2023 : 348,126,000

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-02 18:24 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-02 18:26 | 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 👍

—-

Refer 3QR ended September 2023 :



Non Current Assets :


PPE. 299,238,000

Investment Properties 587,546,000

Investment in Joint Venture. 897,378,000

—-

Refer 4QR ended December 2023 :



Non Current Assets :


PPE. 296,599,000

Investment Properties 584,206,000

Investment in Joint Venture. 904,495,000

Huangbk72

4,987 posts

Posted by Huangbk72 > 2024-03-02 18:26 |

Post removed.Why?

Huangbk72

4,987 posts

Posted by Huangbk72 > 2024-03-02 18:28 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-02 18:31 | Report Abuse

》〉Accumulated Profit on 4QR ended December 2023 : 348,126,000

Deposit placed with licensed banks = 22,222,000

Cash and Bank balances = 41,929,000

Huangbk72

4,987 posts

Posted by Huangbk72 > 2024-03-02 18:34 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-02 18:34 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-02 18:37 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-02 18:38 |

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Huangbk72

4,987 posts

Posted by Huangbk72 > 2024-03-02 18:39 | Report Abuse

Hahaha Mikecyc

U know what Discounted Cash flow is used for?

Dont make blunder like your Graham number 😂😂😂😂

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-02 18:41 |

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Huangbk72

4,987 posts

Posted by Huangbk72 > 2024-03-02 18:45 |

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Huangbk72

4,987 posts

Posted by Huangbk72 > 2024-03-02 18:46 | Report Abuse

While we are actively debating... Why not share :

1) Why Jaks need PP for working capital?


U got Tipu answers again 😂😂😂

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-02 18:47 |

Post removed.Why?

Felix888999

1,642 posts

Posted by Felix888999 > 2024-03-02 18:50 |

Post removed.Why?

Huangbk72

4,987 posts

Posted by Huangbk72 > 2024-03-02 18:50 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-02 18:50 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-02 18:51 |

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Huangbk72

4,987 posts

Posted by Huangbk72 > 2024-03-02 18:53 |

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skynet2000

134 posts

Posted by skynet2000 > 2024-03-02 18:56 | Report Abuse

At this moment, private placement will only base on minimum scenario, warrant conversion would not happen.

Felix888999

1,642 posts

Posted by Felix888999 > 2024-03-02 18:56 |

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Huangbk72

4,987 posts

Posted by Huangbk72 > 2024-03-02 18:57 | Report Abuse

Take note of this.. The upcoming PP will be a discounted rate.

The issue price of the Placement Shares, where the Placement Shares will be price at no more
than 10% discount to the 5D-VWAMP of JAKS Shares for the 5 market days immediately
preceding the price fixing date(s).

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