JAKS RESOURCES BERHAD

KLSE (MYR): JAKS (4723)

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Last Price

0.15

Today's Change

-0.005 (3.23%)

Day's Change

0.145 - 0.16

Trading Volume

20,905,600


39 people like this.

64,447 comment(s). Last comment by musangfoxking 3 minutes ago

xiaoeh

2,443 posts

Posted by xiaoeh > 2024-03-22 10:02 | Report Abuse

😂

Sslee

5,792 posts

Posted by Sslee > 2024-03-22 10:31 | Report Abuse

Mike-tikus only know how to cut and paste.
I bet he not even know what is TTM and how to use TTM?

Trailing 12-month, or TTM, refers to the past 12 consecutive months of a company’s performance data used for reporting financial figures.
By consistently evaluating trailing 12-month numbers, company financials can be evaluated both internally and externally without regard for the artificiality of fiscal year-end.
TTM allows for a like comparison of a company's performance trajectory that smooths away any inconsistencies.

TTM for Financial Reporting
Companies conducting internal corporate financial planning and analysis have access to detailed and very recent financial data. They use the TTM format to evaluate key performance indicators (KPI), revenue growth, margins, working capital management, and other metrics that may vary seasonally or show temporary volatility.

Sslee

5,792 posts

Posted by Sslee > 2024-03-22 10:35 | Report Abuse

By the way I keep jayatiasa Monthy production and MPOB palm oil monthly spot price. By doing so I can estimate the quarterly result.

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-22 14:53 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-22 14:54 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-22 14:54 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-22 14:59 |

Post removed.Why?

MrFox

1,245 posts

Posted by MrFox > 2024-03-22 15:39 | Report Abuse

Mikecyc@@
ur butt reddish now!!! haha

Huangbk72

4,947 posts

Posted by Huangbk72 > 2024-03-22 15:42 |

Post removed.Why?

StingRay

6,868 posts

Posted by StingRay > 2024-03-22 15:56 | Report Abuse

No more piling story? Now is see see look look? 🤣🤣🤣

Huangbk72

4,947 posts

Posted by Huangbk72 > 2024-03-22 16:07 |

Post removed.Why?

Sslee

5,792 posts

Posted by Sslee > 2024-03-22 17:38 | Report Abuse

Why red today?
It must be Mike-tikus forget to put in last minute buy order at 0.155

MrFox

1,245 posts

Posted by MrFox > 2024-03-22 17:39 | Report Abuse

Sslee@@
where he got $$$ to buy!!!!!!!!???

haha

Sslee

5,792 posts

Posted by Sslee > 2024-03-22 17:47 | Report Abuse

Mike-tikus,
50% in value stock capA
50% in high risk stock Jaks

So MrFox is right, where he got $$$ to buy!!!!!!!!???

LimPek1510

206 posts

Posted by LimPek1510 > 2024-03-22 21:50 | Report Abuse

She said she is dividend stocks investor follower of Dr. Neoh. Again proven she is reading diaper papers. A dividend stock investor has to monitor stock price at 2am?? What investment philosophy you are following? Bullshit philosophy??

Posted by MrHuangBK > 1 hour ago | Report Abuse


I’m up since 2am… 😂😂

Your head working well ?

Income

10,652 posts

Posted by Income > 2024-03-23 06:50 | Report Abuse

https://youtube.com/shorts/EC8uorEok2E?si=jEo6woQg-NO69ACW
Bicycle going round and round

CaoCao

183 posts

Posted by CaoCao > 2024-03-23 07:14 |

Post removed.Why?

dompeilee

11,888 posts

Posted by dompeilee > 2024-03-23 07:26 | Report Abuse

All along I assumed this price was the lowest ever for JAKS but I double-checked & discovered the real ALL-TIME LOW is closer to 12c..in Oct '08. So we all know where the next tgt is...unless bankruptcy intervenes in the interim!😆

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-24 22:20 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-24 22:22 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-24 22:23 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-24 22:24 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-24 22:26 |

Post removed.Why?

MrFox

1,245 posts

Posted by MrFox > 2024-03-25 08:59 | Report Abuse


Sslee

Who is the dumbass trapped high at jaks 19 floor and become so desperate, promote Jaks day and night 24/7/365 non stop to non avail and went berserk at insas forum while I sold Insas-WC 2 times for multibagger gain and also sold most of my Insas for handsome gain?

1 hour ago

Sslee

5,792 posts

Posted by Sslee > 2024-03-25 09:33 |

Post removed.Why?

Huangbk72

4,947 posts

Posted by Huangbk72 > 2024-03-25 10:38 |

Post removed.Why?

dompeilee

11,888 posts

Posted by dompeilee > 2024-03-26 07:42 | Report Abuse

His massive losse$ have silenced him...cannot face the truth, so lash out @ truth-tellers instead...😃 Raking in the moolah with winning positions in General Electric, Nomura & many other world-class cos. while some are still playing for puny profits in 3rd world ultra pennies...

xiaoeh

2,443 posts

Posted by xiaoeh > 2024-03-26 08:31 | Report Abuse

beware Dompeilee
Mike will make up stories to those who have different opinion....

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-26 08:41 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-26 08:41 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-26 08:43 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-26 08:43 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-26 08:44 |

Post removed.Why?

Sslee

5,792 posts

Posted by Sslee > 2024-03-26 09:00 | Report Abuse

As I said before jaks having cashflow problem till 2030.
So jaks price stay depressed till 2030.

Jaks need many more RI or PP from 2026 till 2030.
Jaks will not have money or access to bank facilities to undertake any new projects.

dompeilee

11,888 posts

Posted by dompeilee > 2024-03-26 09:21 | Report Abuse

So I made a wrong prediction on topglov in '21...so what? I did SELL 40% of my position on Dec 1st '21 when it limit UP briefly for a scant profit after ample dividends received in '21 but do I get credit for that? I made many wrong predictions in the past like buying jtiasa @ $2+ in '14, general electric @ $20.57 in '17, Huaan from 15.5c down to 3.5c fr '14-'17 etc. I was wrong from the moment I bought my first shares in Japan's Nomura on Feb 6th 2018, through to the 1st averaging down on Sep 21st '18 all the way until late last year when it finally popped above my avg cost of ¥596.9 & I received ¥43,000 in dividends while waiting for my capital gain to arrive. Now it's +66% & I feel vindicated. I didn't delete the calls that were proven wrong in time like some ppl. Getting it wrong is how I am motivated to get it right more frequently going fwd...💓 My prediction here is simple: 15c now, then 12c in 6 mths, 10c in 1 yr etc etc & more & more & MORE PPs as the recession probabilities start to spike as '24 progresses & Vietnam stalls & int rates hardly move down quickly enuf to help indebted, overly ticketed junk cos like Sapnrg & JAKS.

xiaoeh

2,443 posts

Posted by xiaoeh > 2024-03-26 09:33 | Report Abuse

Dear Sslee sifu
what do u see in Yinson?

what i find the financial situation is rather similar
Yinson currently seems it has cashflow issue as well
1) debt level is ballooning especially last 2 years
2) generated -ve FCF year after year for the last 10 years
3) due to -ve FCF, Yinson has -ve cash flow to carry out new project resulted endlessly RI & PP for new fund
4) net debt & total debt to equity ballooning especially past 2 year

what do you think of Yinson case Sslee sifu?

Sslee

5,792 posts

Posted by Sslee > 2024-03-26 09:48 | Report Abuse

Yinson can't afford to give good dividend for next 3-5 years because cash is needed to expand business and paying bank interest.

I only hold a small position in Yinson. Sold my Armada to buy Yinson.
Armada Kraken lease rental will be reduced by 70% from April 2025. Fixed lease expired and option lease is 70% of fixed lease

Sslee

5,792 posts

Posted by Sslee > 2024-03-26 09:52 | Report Abuse

Key takeaways from YINSON’s results briefing are:-

1. YINSON guided for first oil from FPSO Maria Quiteria by 4QFY25 and FPSO Atlanta by 3QFY25. FPSO Agogo is slated to start operations in FY27.

2. FPSO Agogo achieved a 50% completion rate in 4QFY24, doubling its progress from 25% in 3QFY24, keeping it on track for its scheduled delivery.

xiaoeh

2,443 posts

Posted by xiaoeh > 2024-03-26 10:52 | Report Abuse

hence Sslee sifu
can i jump into conclusion that:
1) Yinson current high debt and -ve FCF are not an issue
2) the above (1) issue can be resolved when projects get completed and get paid
am i right to say that?

Sslee

5,792 posts

Posted by Sslee > 2024-03-26 11:22 | Report Abuse

It like building a power plant during contruction period you can claim contruction profit but no cash flow because of capital outlay.

Only after COD or for FPSO first oil then lease rental come it that should take care of loan principal and interest payment plus profit that contribute to positive cash flow.

YINSON FY25 is from 31 Jan 2024 to 31 Jan 2025.
Hence
3QFY2025 is 1st july 24 to 31 Oct 2024
4QFY2025 is 1st Nov 24 to 31 Jan 2025.

Posted Date: 21 Mar, 2024
Yinson Production’s FPSO Atlanta set sail to Brazil today, marking the successful completion of the project execution phase, and is expected to arrive in the Atlanta field in the Santos Basin offshore Brazil during the second quarter 2024. The sail away follows the grand naming ceremony that was held for the FPSO in December 2023.

Realrich

1,410 posts

Posted by Realrich > 2024-03-26 11:23 | Report Abuse

Xiaoeh jaks target price is 0.15. Ladt time I told you already. Now faster come minetech fly to 0.23 this week. Faster don't miss the boat

xiaoeh

2,443 posts

Posted by xiaoeh > 2024-03-26 11:25 | Report Abuse

Realsifu what price can bet Jaks?
i will only consider buy Minetech if drop back below 0.10, if it fly just let it fly Realsifu

Sslee

5,792 posts

Posted by Sslee > 2024-03-26 11:27 | Report Abuse

Collect Yinson only on the dip once news of first oil FPSO Maria Quiteria by 4QFY25 and FPSO Atlanta by 3QFY25, Yinson price should go up.

Realrich

1,410 posts

Posted by Realrich > 2024-03-26 11:29 | Report Abuse

Jaks can buy 0.145 to 0.15 keep until he fly

xiaoeh

2,443 posts

Posted by xiaoeh > 2024-03-26 11:35 | Report Abuse

Posted by Sslee > 4 minutes ago | Report Abuse
Collect Yinson only on the dip once news of first oil FPSO Maria Quiteria by 4QFY25 and FPSO Atlanta by 3QFY25, Yinson price should go up.

wah...
thanks Sslee sifu for your sharing..
i am incompetence to dig deep enough at the time being
still learning the skill to dig deep for corporate information.
much appreciated for sharing

xiaoeh

2,443 posts

Posted by xiaoeh > 2024-03-26 11:36 | Report Abuse

Posted by Realrich > 5 minutes ago | Report Abuse
Jaks can buy 0.145 to 0.15 keep until he fly

noted and thanks Realsifu

Huangbk72

4,947 posts

Posted by Huangbk72 > 2024-03-26 11:38 | Report Abuse

Wait Jaks fix PP price. Its discounted from 5 day average

No need kancheong..

I fully expect this PP will be undersubscribed by a lot..

xiaoeh

2,443 posts

Posted by xiaoeh > 2024-03-26 11:41 | Report Abuse

Noted and thanks Mr Huang

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-26 14:23 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2024-03-26 14:24 |

Post removed.Why?

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