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 47 minutes ago

Mikecyc

45,138 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha Dumbass Lee🐭.. my Bright 🕯️ Light .. thanks for your effort ( not lazy le 🤣 ) posted the PP listing list ..

Look at 2023 only ..from PP announcement, price fixing, listing … there are 2 times that Price is Up between range 3 sen to 6 sen ..

Recap : looks at Top 30 list … Only substantial shareholder is ALP with 14 % ( his brother is 0 % ) , All in Pledge Account ) … other 29 in Top 30 are averagely holding 0.5 % ( No companies n Financial Institutions investor ) ..

As said Shl looks on Jaks on 2025 with events happening:

1.) LSS5 2000MW tendering .. RFP dateline on July 2024 .. award is scheduled by end 2024 or earlier.. each bidder can bid up to 500 MW , Project capital is estimated RM 1.8 Billion..

2.) Jaks counter claims Star over RM 540 million.. High court case management is scheduled on August 2025 ..

As said let’s see Jaks n Scib performance on 2025 ..

Lee 🐭since your kon partner in Promoting SCIB .. Kon i3lurker aka Balian said if not made Profit 600 % in 12 months ( by early 2025 ) will become a 🐶.. will Lee🐭woofffing together 🤣🤣🤣👍

Mikecyc

45,138 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha repost Hoho post in Privasia :

Posted by Johnchew5 > 1 day ago | Report Abuse

Hoho as per 7/6/2024 Noon :

MA10 0.109 ... MA200 0.108 >> 1st Time divergent Up cross MA 200

MACD : 0.003 0.002

Stoch Rsi : 53.54 49.68 >> in Neutral Zone ( engine not Hot ) ...Fast Line is Divergent Up cross Slow Line compared to yesterday



Posted by Mikecyc > 11 hours ago | Report Abuse


Haha as said Later Shl do a TA … Shl be a Good Comparison case study with Privasia which Hoho Johnchew5 posted in Privasia forum …

Jaks :

MA10 0.131 BB Mid 0.131 MA200 0.179

MACD momentum still below Water level : - 0.001 - 0.003

Stoch RSI : 95.19 89.33

Mikecyc

45,138 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Remember Do 3 Own : Own Homework, Own Analysis n Own DecisionS as only you know your Risk level . 


DecisionS: is changed Upon new information, new facts n figures.

Mikecyc

45,138 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha Dumbass Konartist sslleee 🐭… or you r So Dumb Dumbass …




Posted by Sslee > 30 minutes ago | Report Abuse

Syndicate pump up so make sure you are not the one holding the bag when syndicate start to dump.

Posted by StartOfTheBull > 1 month ago | Report Abuse

Ask SSLee whether SCIB was pump and dump on last Friday.
I am sure he will say something else because he owns 20,000 units of SCIB.

Sslee

5,470 posts

Posted by Sslee > 1 month ago | Report Abuse

I'm not even bother to look at SCIB price, I am busy q buying Jayatiasa.

Pity Mike-tikus talk so much and promoted jaks day and night 24/7/365 for the last whole year but do not has the gut to average down his jaks.

Posted by Mikecyc > Jun 8, 2024 9:33 PM | Report Abuse
Haha however konartist sslleee is my Bright 🕯️ Light le :
1.) My 1st case study catch the Bottom of RM 0.56 in Capital A .
2.) Jaks : bottom fishing at RM 0.185 .. Up to RM 0.215 .. invested on July 2023 at RM 0.19 .. Up to RM 0.245 on 1/9/2023 ..
3.) Instead of Averaging Down .. I bought Privasia …

Mikecyc

45,138 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha Dumbass Lee Tikus going to Wolff together with His Kon partner in SCIB i3lurker aka Balian mah .. 👍🤣🤣🤣

Mikecyc

45,138 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha Jtiasa ?? Even Dumbass Lee🐭idol Calvin did not Promote Jtiasa .. Calvin promote TSH n Rsawit le …

Lee Tikus did not reply on my Questions in Jtiasa , as he too lazy to know , just want to make Profit wow , why No Win since investing from 2016 to 2023 :

1.) Indonesia Export Ban status?

2.) Indonesia Biodiesel programme status ? ( See my reply to Calvin in TSH as he is blowing B100 )

3.) Jtiasa Insiders keep selling shares during the last round Price Uptrend …

Mikecyc

45,138 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha Dumbass Lee 🐭 don’t be start woofffing le …👍😱🤣🤣🤣

Mikecyc

45,138 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha Dumbass Lee🐭.. why I did not Average Down ..

1.) worried on Vietnam Corruption News .. is Over oredi as shown by QR result ended March 2024 ..

2.) bought Privasia : Awarded Gov project RM 1.2 Billion on 2022 just before GE15 , re announced on October 2023 … my cost is Lower than RM 0.10 .. .. cheers ..

Pls don’t crack yr head lo as you n yr aka Kon Gang play Crack Spread Wayang in Hengyuan n Petronm at Point 1 ( Peak Range ) RM 7.00 ..

Mikecyc

45,138 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha oh on Jaks additional 10 % Option in Vietnam Power Plant, why No news :

1.) Look into the interest rate .

2.) look into the Taxes exemption time line .

3.) look into the currency exchange rate ..

4.) look into LSS5 Local Gov project 2000MW .. each bidder can bid up to 500MW .. project capital is estimated RM 1.8 Billion..not like LSS4 50MW ..

Mikecyc

45,138 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha Pokkai Kon Fox aka Demusang aka 123theman aka Musang King is also Loss Naked in Fintech …


Netx — Fintech ( mother ) — Adamas HK stock / Nasdaq ( Grandma )

Now Loss 3 sen , cry mama cry papa wow

“ Words of Wisdom “ 🤥🤣🤣🤣

👉👉 Beware : Kon Fox used to post n delete…

MrFox

1,216 posts

Posted by MrFox > 1 month ago | Report Abuse

better sell now

Posted by StartOfTheBull > 1 month ago | Report Abuse

But very busy with Jaks.


Sslee

5,138 posts

Posted by Sslee > 1 hour ago | Report Abuse

I'm not even bother to look at SCIB price, I am busy q buying Jayatiasa.

Sslee

5,470 posts

Posted by Sslee > 1 month ago | Report Abuse

Just a LSS4 50MW already hutang keliling pinggang (quarter profit before tax RM 0.96 million) where got any bank want to lend any money to jaks for LSS5 500MW. Meanwhile the 30% JHDP contributed share of profit RM 32.384 million last quarter.

By the way did Mike-tikus know LSS4 with quarter profit before tax of RM 0.96 million is this enough for repayment of loan principal?

Posted by Mikecyc > Jun 9, 2024 12:26 PM | Report Abuse
Haha oh on Jaks additional 10 % Option in Vietnam Power Plant, why No news :
1.) Look into the interest rate .
2.) look into the Taxes exemption time line .
3.) look into the currency exchange rate ..
4.) look into LSS5 Local Gov project 2000MW .. each bidder can bid up to 500MW .. project capital is estimated RM 1.8 Billion..not like LSS4 50MW .

Mikecyc

45,138 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha oh on LSS4 ke .. Dumbass Lee Tikus understand ke .. repeat le :




👉👉👉 According to Ng Kit Ho, the senior vice-president of loan markets and debt markets 1 at AmInvestment Bank, the primary challenge faced by the bank in executing the financing facility was the time constraint.


“The time between execution of the power purchase agreement and financials was extremely tight (four months) and was over the festive period,” Ng told ISFI.


According to Albar & Partners, which acted as the legal counsel on behalf of the financiers in this multilateral financing facility, the guarantees required in the facility also posed a challenge.


“Tenaga Nasional, as the off-taker of the power project, would only accept one single performance guarantee for the performance of the borrower under this power project, therefore AmBank Islamic and UOB were required to enter into a fronting arrangement for AmBank Islamic to issue a bank guarantee to UOB as a fronting guarantor, who shall then issue its own conventional bank guarantee to TNB as the performance bond of the power project on behalf of the borrower,” the law firm shared.


👉👉👉 While sustainability-linked financing is steadily increasing in popularity as a financing cost-saving mechanism, Ng shared that JAKS Solar had considered sustainability-linked financing but ultimately decided against it.


Listed on Bursa Malaysia’s Main Market, JAKS Resources’s activities also include construction, power, energy and property investment and it is involved in the development of residential and commercial properties. Its principal geographical areas for its operations are located in Malaysia and Vietnam.


JAKS Solar Nibong Tebal: multilateral financing facility

RM112.5 million (US$26.5 million)

March 2022


Summary of terms and conditions
Islamic facilities amount RM112.5 million (US$26.5 million)
– Term financing facility RM80 million (US$18.84 million)
– Bank guarantees RM27.5 million (US$6.48 million)
– Cash line facility worth RM5 million (US$1.18 million)
Type of facility Mixture of project finance and working capital facilities.
Use of proceeds 1. Working capital requirements
2. Project costs including engineering, procurement, construction and commissioning works, professional fees, land leases and related expenses
3. Prefunding debt service reserve account
4. Financing cost of the facilities during construction
5. Fees and expenses in relation to the facilities
Tenor Term financing facility: Up to 16.5 years (inclusive of an 18-month grace period)
Cash line facility: On demand
Bank guarantees: Up to two years (inclusive of claim period)
Profit rate/yield Undisclosed
Payment frequency Term financing facility: Monthly
Cash line facility: Quarterly/on demand
Bank guarantees: Not applicable
Legal advisor Albar & Partners
Governing law Malaysian law

Mikecyc

45,138 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha Insas no corporate structure.. shl stripping u slowly n softly once is Trapped .. hahaha

Mikecyc

45,138 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha Dumbass Lee🐭.. Omesti Current Ratio = 0.81 .. Jaks = 1.11 .. why you invest in Omesti ??

What is Jaks Gearing Ratio ?? Sslee can lets us know ….

Sslee

5,470 posts

Posted by Sslee > 1 month ago | Report Abuse

From last year AGM minutes.
Any provisions and impairments of the Group will be done in accordance with accounting standards. Meanwhile, we do not foresee any problems with collections as bulk of the receivables are mainly from secured construction jobs from the government and JHDP.

Annual report page 28
2023: 2022
RM: RM
Impairment losses on:
Contract assets 4,363,44
- Trade receivables 8,701,306: 5,099,410
- Other receivables 27,668,257: 18,737,258

We have received several financing proposals from Singaporean financial institutions and currently negotiating the terms.

We wish to clarify that we do not intend to undertake a cash call exercise to subscribe the 10% option. At present, we have received several financing proposals from Singaporean financial institutions and currently negotiating the terms.

Anyone dare to hold BOD responsible, accountable and answerable for what they had said/promised during the last AGM?

Mikecyc

45,138 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha Dumbass Konartist sslleee 🐭— still so Hardworking in study Capital A n Jaks that you did not Invest but so lazy in Promoting Jtiasa …🤣🤣🤣🤔

Mikecyc

45,138 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha referring to Insas :

1.) Why Insas no corporate structure that used to plan corporate taxes …. Did ssleee ask ???

2.) Why Insas increased % in Divfex ( from 19 % to ard 34 % , still an associate company , invested over RM 40 million on Duramit , a glove company on 2022 ), is it Profitable?? No wonder the Other Operation Expenses is keep increasing..

3.) How is Insas investment after the GM whom expert in Tech Design that cooperated with Inari n Insas had Listed it .. from 43 % to ard 14 % as of today .. Ho Hup , Omesti , Microlink … oh the oldest one is a Fashion n Beverage company with 43 % ( not listed ) .. what is the Losses ?

No wonder Philip said is Insaf Value Trap ….

Mikecyc

45,138 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha oh on 2022 Staff Expenses is increased more then RM 20 million.. after RI on 2021 .. Sslee said is due to Remisier Commission ( the most Profitable business ) .. then I asked why Other Operation Expenses every year is High n keep increasing.. Ssleee twisting is due to Remisier Commission..

So Remisier Commission is in Staff Expenses n Other Operations Expenses which Ssleee twisting ard ??

Then Sslleee Big 👄 said will ask Insas to include Remisier Commission wording in Other Operations Expenses… any news ? Now became 🐢 Lee on this topic … 🤣🤣🤣🤔

Mikecyc

45,138 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha during M&A RTO listing .. Insas replied in AGM that no Special Dividend as no Cash is transacted on the RTO … then replied that No M&A shares as Dividends as will diluted the controlling % of 53.7 % ..

But sslleee posted after M&A RTO listed .. the share % is 60 % le …

Mikecyc

45,138 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha Ssleee did you ask the Insaf Insider le ???

Mikecyc

45,138 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha the said GM had left Insas Group on 2016 .., Below is Insas investment after 2016 .. Since 2017 …

—-

3.) How is Insas investment after the GM whom expert in Tech Design that cooperated with Inari n Insas had Listed it .. from 43 % to ard 14 % as of today .. Ho Hup , Omesti , Microlink … oh the oldest one is a Fashion n Beverage company with 43 % ( not listed ) .. what is the Losses ?

Mikecyc

45,138 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha this is interesting on TA comparison between Jaks and Privasia .. Let’s see which counter will maintain the Price momentum on Next Monday :

—-

Stock: [JAKS]: JAKS RESOURCES BERHAD
7 hours ago | Report Abuse
Haha repost Hoho post in Privasia :

Posted by Johnchew5 > 1 day ago | Report Abuse

Hoho as per 7/6/2024 Noon :

MA10 0.109 ... MA200 0.108 >> 1st Time divergent Up cross MA 200

MACD : 0.003 0.002

Stoch Rsi : 53.54 49.68 >> in Neutral Zone ( engine not Hot ) ...Fast Line is Divergent Up cross Slow Line compared to yesterday



Posted by Mikecyc > 11 hours ago | Report Abuse


Haha as said Later Shl do a TA … Shl be a Good Comparison case study with Privasia which Hoho Johnchew5 posted in Privasia forum …

Jaks :

MA10 0.131 BB Mid 0.131 MA200 0.179

MACD momentum still below Water level : - 0.001 - 0.003

Stoch RSI : 95.19 89.33

Sslee

5,470 posts

Posted by Sslee > 1 month ago | Report Abuse

Mike-tikus talk so much and blow water about 1 sen up down is 5 or 6 digits gain/loss but when come to AGM still no questions ask?

By the way previously Mike-tikus's pasar malam TA said floor 19 is the bottom floor and hence:
Jaks : bottom fishing at RM 0.185 .. Up to RM 0.215 .. invested on July 2023 at RM 0.19 .. Up to RM 0.245 on 1/9/2023 ..

Posted by Mikecyc > Jun 8, 2024 9:33 PM | Report Abuse
Haha however konartist sslleee is my Bright 🕯️ Light le :
1.) My 1st case study catch the Bottom of RM 0.56 in Capital A .
2.) Jaks : bottom fishing at RM 0.185 .. Up to RM 0.215 .. invested on July 2023 at RM 0.19 .. Up to RM 0.245 on 1/9/2023 ..
3.) Instead of Averaging Down .. I bought Privasia …

Mikecyc

45,138 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha Dumbass Konartist sslleee 🐭 r u too old oredi or too tired working in Indonesia Palm oil forest at 64 … or always taking wrong medicine until IQ terencat .. Remember during Case Study in PA … oredi said each 1 sen Up will Profit 5 Digit .. What I had posted on Jaks , you can asked yr Kon Macai Kacukan Tippu gang Ularsawa that Kon Newbies membership fees RM 100 ..
Btw why r u Two so worried on my posts in PA until all my April n May 2021 posts are being Flag report until post removed ( during that time Aka ID are effective in Flag report to Orange Flag ) .. sslleee n Ularsawa are the 2 Kon most participated in PA case study …



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… 


in PA .. Case Study is from Mid Uptrend , ie : 16.5 sen Up to 24 sen before share consolidation 2 into 1 … Peak is 59 sen ( Point 1 ) … then down with swing swing swing many times .. tanam biji dan tuai hasil many times … after which highligted to learn to try to catch the starting Uptrend to Point 1 ( Peak Range ) ..

Mikecyc

45,138 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha now became Jealous Dumbass Konartist sslleee 🐭ke … until his Only Win in Insas WC RM 250,000 since investing from 2016 to 2023 is a Lies .. Further Lies on MMC that Win RM 180,000 which he thanks me on highlighted in Insas …what a pity n shameless Kon … keep telling Lies .. nowadays face skin is getting thicker le ~~~👍🤣🤣🤣🤔

Mikecyc

45,138 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha this is interesting on TA comparison between Jaks and Privasia .. Let’s see which counter will maintain the Price momentum on Next Monday :

—-

Stock: [JAKS]: JAKS RESOURCES BERHAD
7 hours ago | Report Abuse
Haha repost Hoho post in Privasia :

Posted by Johnchew5 > 1 day ago | Report Abuse

Hoho as per 7/6/2024 Noon :

MA10 0.109 ... MA200 0.108 >> 1st Time divergent Up cross MA 200

MACD : 0.003 0.002

Stoch Rsi : 53.54 49.68 >> in Neutral Zone ( engine not Hot ) ...Fast Line is Divergent Up cross Slow Line compared to yesterday



Posted by Mikecyc > 11 hours ago | Report Abuse


Haha as said Later Shl do a TA … Shl be a Good Comparison case study with Privasia which Hoho Johnchew5 posted in Privasia forum …

Jaks :

MA10 0.131 BB Mid 0.131 MA200 0.179

MACD momentum still below Water level : - 0.001 - 0.003

Stoch RSI : 95.19 89.33

Posted by StartOfTheBull > 1 month ago | Report Abuse

Today Mike another lobster dinner. SSLee Tikus also have Bintang beer, not bad for SCIB.😁

pang72

49,490 posts

Posted by pang72 > 1 month ago | Report Abuse

Power station is the next trending regardless big or small from ytlpower. Tenaga, ranhill, MALAKOF to JAKS

pang72

49,490 posts

Posted by pang72 > 1 month ago | Report Abuse

JAKS will back to 52weeks high 24.5c soonest than everybody thought..
This Friday OK!

Posted by Silentreader88 > 1 month ago | Report Abuse

hihi. Tq panic chicken for your 0.02 warrants

Posted by Hoottttttt > 1 month ago | Report Abuse

So many AI big player wanna invest in Malaysia, no wonder Mr Market looking Jaks as 1 of the hidden gem, bright future for solar development in Malaysia.

pang72

49,490 posts

Posted by pang72 > 1 month ago | Report Abuse

Data center would require tremendous electricity across the global regardless where you are....

Singapore will import green electricity from SEAhttps://www.reuters.com/business/energy/singapore-expands-low-carbon-power-import-agreements-2023-10-24/

So, even JAKS coal fire plant is up most important for Vietnam to sustain the living

pang72

49,490 posts

Posted by pang72 > 1 month ago | Report Abuse

Coal fire plant in Vietnam and solar energy in malaysia shld turn around JAKS
In super cheap valuation 17.5c

rogers123

4,017 posts

Posted by rogers123 > 1 month ago | Report Abuse

Buy BUy BUY BUY

pang72

49,490 posts

Posted by pang72 > 1 month ago | Report Abuse

So the cheapest power plant stock 1200MW in the world is Jaks

Mikecyc

45,138 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha blower Pang72 always will appear in the Hot counter … where is yr younger sibling Pokkai Kon Income whom posted his wiffe ran away with man …

Oh don’t U Turn in a Day lo per yr record ..

Mikecyc

45,138 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha still Volume play the Game … as per my 3 Volume Play case study on HLT , PA n Hiaptek… cheers ..

Posted by StartOfTheBull > 1 month ago | Report Abuse

Surprised contra king Pang72 also jumped on the bandwagon.

autoven

262 posts

Posted by autoven > 1 month ago | Report Abuse

why cheap now? management issue?

autoven

262 posts

Posted by autoven > 1 month ago | Report Abuse

Why every year Q4 losing money? cashing out?

Mikecyc

45,138 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Posted by Mikecyc > 1 hour ago | Report Abuse

Haha on Jaks .. I am still holding the balance until 2025 ..did not Averaging Down but bought Privasia .. cost Lower than RM 0.10 ( Sslleee will be 😡..🤣🤣🤣) :

Jaks events Happening:

1.) LSS5 Solar project: RFP dateline is bring forward to July 2024 .. award is scheduled by End 2024 or earlier .

2.) Counter Claims against Star over RM 540 million.. case management in High Court on August 2025 ..

3.) CGPP Solar project is expected be complete by 2025 ..

4.) Jaks signed MOU on 3 types Storage Battery… crucial for CGPP winners as they can choose Offtaker .. not only TNB .. but use TNB grid …

Alasako

306 posts

Posted by Alasako > 1 month ago | Report Abuse

wow powerful jaks

Posted by StartOfTheBull > 1 month ago | Report Abuse

SSLee Tikus very quiet already?

pang72

49,490 posts

Posted by pang72 > 1 month ago | Report Abuse

18c is selling like hot cake

pang72

49,490 posts

Posted by pang72 > 1 month ago | Report Abuse

19c, 20, 24.5c mari

pang72

49,490 posts

Posted by pang72 > 1 month ago | Report Abuse

If you wanna think power station is scam business
Ten, you approach Vietnam government spendubg 5years to lobby to get approval and funding, then spend another 5 years to get the plant up and run...

Who the hell want to try?


Bought 17.5c JAKS cheap cheap ticket better la...since power shortage now for data center

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