JAKS RESOURCES BERHAD

KLSE (MYR): JAKS (4723)

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Last Price

0.185

Today's Change

-0.005 (2.63%)

Day's Change

0.17 - 0.19

Trading Volume

66,438,100


39 people like this.

64,518 comment(s). Last comment by Mikecyc 4 hours ago

Mikecyc

45,138 posts

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

Post removed.Why?

Mikecyc

45,138 posts

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

Post removed.Why?

Mikecyc

45,138 posts

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

Haha Gaipo Actor Xiaoeh still acting le … 

Stucked in Jaks wow at RM 0.36 , Did not study the Fundamentals wow .. But So So Free Gaipo Acting going ard with Kon Gang … Beware ..


xiaoeh 
xiaoeh | Joined since 2020-05-07 


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Mikecyc

45,138 posts

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

Haha Jaks consecutively 9 trading days with Green candles:

Foreseen today MACD Fast Line will Divergent Up cross Slow Line although both Lines still below Water Level …


See see look look if Next week got Reversal Breakout or Not ….

MrFox

1,215 posts

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

Mikecyc@@
ur butt reddish now!!! haha

Huangbk72

4,889 posts

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

Hahaha.. This Miketikus talking TA

I gave you answer weeks ago since Jaks QR came out.. TP 15/16c

Today still standing strong 😂😂😂😂

U still waiting for signals

StingRay

6,867 posts

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

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

Huangbk72

4,889 posts

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

Hahhahaa...

Miketikus can be exposed in 1 sentence..

"Flip over pig intestines, full of shit "

😂😂😂😂😂😂😂😂

Sslee

5,470 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

1,215 posts

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

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

haha

Sslee

5,470 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

209 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

10,599 posts

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

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

MrHuangBK

1,146 posts

Posted by MrHuangBK > 2024-03-23 07:00 | Report Abuse

Hahaha.. this coconut cannot even understand simple English.

I repeat again since you didn’t get it the 1st time

Dividend stock only in Malaysia since I not active anymore. Those I hold since 2011.

I am only active in USA and China markets. The ocean gives more excitement and challenges.

You a pond swimmer, u never understand this 😁

Posted by LimPek1510 > 9 hours ago | 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??

CaoCao

172 posts

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

Yalo Auntie Huang best investment since 2013 in PMcorp with Negative 22% return. In this small pond you already drown. Hahahahahahahah🤣🤣🤣🤣

So dumb!!. My dog is smarter than you.

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

45,138 posts

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

Haha what a Liar since 2021 …


dompeilee
dompeilee | Joined since 2016-03-22



Stock: [TOPGLOV]: TOP GLOVE CORPORATION BHD
2021-09-28 14:46 | Report Abuse


My unwavering faith in TG is finally rewarded...& so are my clients who hung on after my recent BUY call =)

Mikecyc

45,138 posts

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

Post removed.Why?

Mikecyc

45,138 posts

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

Post removed.Why?

Mikecyc

45,138 posts

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

Post removed.Why?

Mikecyc

45,138 posts

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

Haha what a Shameless Liar Licckker little Kon Income without Dignity n Integrity until posted the Wif is ran away with DeMusang … hahahaha…



Haha oh little Licckker Kon Income had been licccking my shoes in Insas until to PTRB … before I exposed him as Old Blower Pang72 aka id … Little Kon Income replied is Young Sibling…



Haha no wander little Licckker Kon Income posted his Wif ran away with DeMusang … no money n little lembik 🍌… 


MrFox

1,215 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

5,470 posts

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

Post removed.Why?

Huangbk72

4,889 posts

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

Miketikus cut loss in Jaks already?

No more promoting?

Only squeaking ?

🤣🤣🤣🤣🤣

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

2,425 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

45,138 posts

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

Haha what a Liar since 2021 …


dompeilee
dompeilee | Joined since 2016-03-22



Stock: [TOPGLOV]: TOP GLOVE CORPORATION BHD
2021-09-28 14:46 | Report Abuse


My unwavering faith in TG is finally rewarded...& so are my clients who hung on after my recent BUY call =)

Mikecyc

45,138 posts

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

Haha Gaipo Actor Xiaoeh still acting le … 

Stucked in Jaks wow at RM 0.36 on 2020 due to Promoter wow ..… Feb 2021 did not sell at RM 0.80 , Did not study the Fundamentals wow .. But So So Free Gaipo Acting going ard with Kon Gang … Beware ..


xiaoeh 
xiaoeh | Joined since 2020-05-07 


Investing Experience - 
Risk Profile - 
Followers 
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Following 
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Blog Posts 
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Following 
Summary 
Total comments 
1,810 
Past 30 days 
486 
Past 7 days 
144 
Today 
23

Mikecyc

45,138 posts

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

Post removed.Why?

Mikecyc

45,138 posts

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

Post removed.Why?

Mikecyc

45,138 posts

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

Post removed.Why?

Sslee

5,470 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

2,425 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

5,470 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

5,470 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

2,425 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

5,470 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

2,425 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

5,470 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

2,425 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

2,425 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

4,889 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

2,425 posts

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

Noted and thanks Mr Huang

Mikecyc

45,138 posts

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

26/3/2024 1.30 pm

👉Observations on Learning Technical Charting :

A) MA10 0.152

BB 20 2 Mid 0.156

MA200. 0.191

MACD 0.001 -0.007 -0.008 ( Fast Line is Divergent Up Cross Slow line , Both Lines still Below Water Level .

RSI(14) Neutral 34.9
Stochastic(14) Neutral 33.3

B) Candlestick

Consecutively 11 Trading Days with Green candle: 8 day with type of Doji , 3 day with similar Full White Marubozu…
> Need a Higher Full White Marubozu ( with High Volume and Higher Price ) for possible reversal breakout to the Upside …

Mikecyc

45,138 posts

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

Haha Gaipo Actor Xiaoeh still acting le … 

Stucked in Jaks wow at RM 0.36 on 2020 due to Promoter wow ..… Feb 2021 did not sell at RM 0.80 , Did not study the Fundamentals wow .. But So So Free Gaipo Acting going ard with Kon Gang … Beware ..


xiaoeh 
xiaoeh | Joined since 2020-05-07 


Investing Experience - 
Risk Profile - 
Followers 
1 
Following 
7 
Blog Posts 
0 
Threads 
1,810 
Blogs 
Threads 
Portfolio 
Follower 
Following 
Summary 
Total comments 
1,810 
Past 30 days 
486 
Past 7 days 
144 
Today 
23

Mikecyc

45,138 posts

Posted by Mikecyc > 2024-03-26 14:26 | Report Abuse

2nd V.P Free Case Study in PA on 2021 with 2 objectives : 



👉 a) To share n learn Investment knowledge n skills as Newbie n ikanbilis. 



👉 b ) To Exposé kon man n actor… 


Mikecyc

45,138 posts

Posted by Mikecyc > 2024-03-26 14:28 |

Post removed.Why?

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