JAKS RESOURCES BERHAD

KLSE (MYR): JAKS (4723)

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Last Price

0.165

Today's Change

+0.005 (3.13%)

Day's Change

0.155 - 0.165

Trading Volume

11,670,400


39 people like this.

64,349 comment(s). Last comment by Mikecyc 1 day ago

pang72

49,226 posts

Posted by pang72 > 3 weeks ago | Report Abuse

19c, 20, 24.5c mari

pang72

49,226 posts

Posted by pang72 > 3 weeks 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

pang72

49,226 posts

Posted by pang72 > 3 weeks ago | Report Abuse

JAKS pp to key investor but not offer right issue..
So, retailers eat shit...
Insiders gets 12c pp... For funding future project energy storage..

pang72

49,226 posts

Posted by pang72 > 3 weeks ago | Report Abuse

Good project coming issue pp to cronies
No project issue right to shareholder

joyvest

10,186 posts

Posted by joyvest > 3 weeks ago | Report Abuse

The sudden surge is believed to be unstainable.. Jaks is going to issue more and more shares thereby ballooning its share base further to the detriment of shareholders' interest. Jaks has never rewarded its shareholders with dividends in the past despite huge profits were reported ( not sure if the profits were genuine or not ). All they know is to continue issuance of more and more shares ever and ever.

Sslee

5,344 posts

Posted by Sslee > 3 weeks ago | Report Abuse

The problem with jaks is the incompetant management wasting all the money in lose making local projects and yearly impairment losses on trade and other receivables.

Just cannot understand why management did not take up the addition 10% option on their golden goose JHDP.

joyvest

10,186 posts

Posted by joyvest > 3 weeks ago | Report Abuse

No issuance of RI is expected as shareholders are not keen to subscribe for given of a number of " wolves howling " in the past. Shareholders are said to be no longer trusting the Management anymore. PP is the only means of raising fund now while external funding is out of question given the pathetic shape of the company.

It looks cheap but the cheapest has yet to come .. It is basically unstainable.

2 seconds ago

Mikecyc

44,847 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha more n more Kon appeared here … Joyvest with his aka sonn The Clown in Day3Digital … proven is a rotten egg sucker as she posted …🤣🤣🤣😱

Mikecyc

44,847 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha Dumbass Konartist sslleee 🐭 is being humiliated in Insas as telling lies again by Twisting facts …

Mikecyc

44,847 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha just cannot understand why Dumbass Lee dumb dumb hold Xingquin until delisted on 2019 … why investing since 2016 to 2023 … No Win only Loss le … is it so Dumbass Lee ???🤣🤣🤣



Posted by Sslee > 3 minutes ago | Report Abuse

The problem with jaks is the incompetant management wasting all the money in lose making local projects and yearly impairment losses on trade and other receivables.

Just cannot understand why management did not take up the addition 10% option on their golden goose JHDP.

Mikecyc

44,847 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha oop rest time ..

joyvest

10,186 posts

Posted by joyvest > 3 weeks ago | Report Abuse

Their decision not to take up the addition 10% option on their golden goose JHDP has insinuated that they have difficulty to raise funds be it internal and/or external funding. The only means of raising funds to them now is left with " PP" . It remains to be seen as to whether they can succeed in raising funds through PP with the current pathetic share price

joyvest

10,186 posts

Posted by joyvest > 3 weeks ago | Report Abuse

Mickey mouse , there is no need to divert the attention by resorting to personal harassment and spitting gibberish here. The readers are discerning to be able to judge for themselves.

Sslee

5,344 posts

Posted by Sslee > 3 weeks ago | Report Abuse

Who is humiliated and telling lies at Insas forum and been exposed as a desperate despicable conman?

Posted by Mikecyc > Jun 10, 2024 8:49 AM | Report Abuse
Kementerian Komunikasi
https://www.kkd.gov.my › news
Privasia's RM50.3mil Order Book Skyrockets After Bagging RM1.2bil MCMC jobs
11 Oct 2023 — "This project is expected to strengthen Privasia's existing order book, which currently stands at RM50.3 million (excluding this contract)," it ...
—-
Posted by Sslee > 24 minutes ago | Report Abuse
So Mike-tikus cannot show the link and talk cock again what a conman indeed.


Sslee
5154 posts
Posted by Sslee > Jun 10, 2024 8:56 AM | Report Abuse X
Aiyoyo Mike-tikus do not even know how to show a link.

Sslee
5154 posts
Posted by Sslee > Jun 10, 2024 9:08 AM | Report Abuse X

Privasia's RM50.3mil order book skyrockets after bagging RM1.2bil ...
11 Oct 2022 — "This project is expected to strengthen Privasia's existing order book, which currently stands at RM50.3 million (excluding this contract)," it

https://www.nst.com.my/amp/business/2022/10/839667/privasias-rm503mil-...

Mike-tikus is so desperate and changing the date 11 OCT 2022 to 11 OCT 2023. A despicable conman indeed.


Stock: [INSAS]: INSAS BHD
Jun 10, 2024 9:35 AM | Report Abuse
Again a desperate despicable conman act of trying to link 24 Oct 2023 announcent of Contract Value RM42,085,665.00 with Ministry of Education of Malaysia to:

Privasat Sdn. Bhd. (“Privasat”) in collaboration with APEX Communications Sdn Bhd (“APEX”) are
to accept a contract with Ministry of Communications and Multimedia Malaysia (‘MCM”) for “Tender Bekalan, Kerja Serta Perkhidmatan Bagi Projek Penyediaan Dan Penyelenggaran Point Of

Stock: [INSAS]: INSAS BHD
Jun 10, 2024 9:41 AM | Report Abuse
By the way the hanky panky contract awarded just before GE15 already cancel by the new government.

Mikecyc

44,847 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha just as Joyvest posted :

Stock: [DAY3]: DAYTHREE DIGITAL BERHAD
1 day ago | Report Abuse



Accumulated VWAP. Dont teach your grandmother how to suxk eggs.



Stock: [DAY3]: DAYTHREE DIGITAL BERHAD
1 day ago | Report Abuse




Given the VWAP of 65 and the lowest of 52.5 under Fibonacci principles,it has reached the first level of the expected reversal any time from now. The likelihood of which is further coupled with its oversold position. 


Mikecyc

44,847 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha Dumbass Konartist sslleee 🐭still Twisting Fasa 2 n Fasa 3 ke …

Mikecyc

44,847 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha Do notice Fasa 2 n Fasa 3 … and Region / Zon :


Stock: [INSAS]: INSAS BHD
3 hours ago | Report Abuse
Haha Do notice on Fasa 2 and Fasa 3 :

PRIVASIA TECHNOLOGY BERHAD
Subject : OTHERS
Description : Privasia Technology Berhad [Registration No.: 200801023769 (825092-U)]
(“PRIVASIA” or “the Company”) – SURAT SETUJU TERIMA (LETTER OF ACCEPTANCE) FOR
“TENDER BEKALAN, KERJA SERTA PERKHIDMATAN BAGI PROJEK PENYEDIAAN DAN
PENYELENGGARAN POINT OF PRESENCE (POP) FASA 2: HAB INFRASTRUKTUR GENTIAN
OPTIK BERHAMPIRAN DENGAN SEKOLAH, KAWASAN PERINDUSTRIAN, PREMIS KERAJAAN,
DAN KOMUNITI SEKITARNYA OLEH KEMENTERIAN KOMUNIKASI DAN MULTIMEDIA MALAYSIA
FOR (NORTHERN REGION: KEDAH & PERAK - KKMM.400-11/17/132(1)) AND (SOUTHERN
REGION: NEGERI SEMBILAN, MELAKA & JOHOR - KKMM.400-11/17/132(3))
1. INTRODUCTION
The Board of Directors of the Company wishes to announce that its wholly-owned subsidiary,
Privasat Sdn. Bhd. (“Privasat”) in collaboration with APEX Communications Sdn Bhd (“APEX”) are
to accept a contract with Ministry of Communications and Multimedia Malaysia (‘MCM”) for “Tender
Bekalan, Kerja Serta Perkhidmatan Bagi Projek Penyediaan Dan Penyelenggaran Point Of

Presence (POP) Fasa 2: Hab Infrastruktur

Gentian Optik Berhampiran Dengan Sekolah, Kawasan
Perindustrian, Premis Kerajaan, Dan Komuniti Sekitarnya Oleh Kementerian Komunikasi Dan
Multimedia Malaysia for (Northern Region - Kedah & Perak – KKMM.400-11/17/132(1)) and
(Southern Region - Negeri Sembilan, Melaka & Johor – KKMM.400-11/17/132(3)).
MCM had on 6 October 2022 issued the acceptance to the tender offered by Privasat and APEX.
Privasat and APEX have accepted the contract on 11 October 2022.
2. SALIENT TERMS OF THE CONTRACT
The salient terms of the Contract are as follows:-
No. Particular Northern Region Southern Region
1. Duration of the Contract 36 months - Implementation & 60 months - Warranty
2. Commencement date 1 November 2022
3. Expiry date 31 October 2030
4. Contract Value RM617,515,937.30 RM627,180,583.76

3. RISK FACTORS
The Company does not foresee any exceptional risks other than execution risks, political risks,
pandemic risks and country risks associated with the Contract.
4. FINANCIAL EFFECTS
The Contract is expected to contribute positively to the earnings, and net assets of Privasia for the
financial year ending 31 December 2022 and beyond. Notwithstanding this, the Contract is not
expected to have any material effect on th



PRIVASIA TECHNOLOGY BERHAD
Subject : OTHERS
Description : Privasia Technology Berhad [Registration No.: 200801023769 (825092-U)] (“PRIVASIA” or “the
Company”) – SURAT SETUJU TERIMA (LETTER OF ACCEPTANCE) FOR “PERKHIDMATAN SEWAAN
PERKAKASAN ICT MESRA ALAM YANG MEMENUHI KEPERLUAN HIJAU SECARA SEWA GUNA (LEASE TO
USE) UNTUK KEPERLUAN PENGAJARAN DAN PEMBELAJARAN (PdP) DI MAKMAL KOMPUTER SEKOLAH
KEMENTERIAN PENDIDIKAN MALAYSIA (KPM) FASA 3 (ZON 1: PERLIS, KEDAH DAN PULAU PINANG) BAGI
TEMPOH 65 BULAN”.
1. INTRODUCTION
The Board of Directors of the Company wishes to announce that its wholly-owned subsidiary, Privasia Sdn.
Bhd. (“PSB”) is to accept a contract with Ministry of Education of Malaysia (‘MoE”) for “Perkhidmatan Sewaan
Perkakasan ICT Mesra Alam Yang Memenuhi Keperluan Hijau Secara Sewa Guna (Lease To Use) Untuk
Keperluan Pengajaran Dan Pembelajaran (PdP) Di Makmal Komputer Sekolah Kementerian Pendidikan

Malaysia (KPM) Fasa 3 (Zon 1: Perlis, Kedah

Dan Pulau Pinang) Bagi Tempoh 65 Bulan ”.
MoE had on 23 October 2023 issued the acceptance to the contract offered to PSB. PSB has accepted the
contract on 24 October 2023.
2. SALIENT TERMS OF THE CONTRACT
The salient terms of the Contract are as follows:-
No. Description Details of the Contract
1. Duration of the Contract 65 months
2. Commencement date 26 October 2023
3. End date 25 March 2029
4. Contract Value RM42,085,665.00

3. RISK FACTORS
The Company does not foresee any exceptional risks other than execution risks, political risks, pandemic risks
and country risks associated with the Contract.
4. FINANCIAL EFFECTS
The Contract is expected to contribute positively to the earnings, and net assets of Privasia for the financial
year ending 31 December 2023 and beyond. Notwithstanding this, the Contract is not expected to have any
material effect on the share capital and shareholding structure of Privasia.
5. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTERESTS
None of the directors and/or major shareholders of the Company and/or persons connected with them have
any interest, direct or indirect, in the Contract.
6. DIRECTORS’ STATEMENT
The Board of Directors of the Company, after considering all the relevant factors, is of the opinion that the
Contract is in the best interest of the Group
7. APPROVALS REQUIRED
The Contract does not require approval from shareholders of the Company or any relevant government
authorities.
This announcement is dated 24 October 2023.

pang72

49,226 posts

Posted by pang72 > 3 weeks ago | Report Abuse

Issue pp to outsider who is blind to subscribe JAKS shares like the scamming investment happen everyday?

If JAKS issuing right means management can't even get any shareholder to buy the PP..... So the share price keep falling right after right from 60c to 12c..

Once announced PP 12c issue to special guest of honestly then share price flying from 12c to 17.5c and future up in next few day to 24.5c expected...

Why?

Sslee

5,344 posts

Posted by Sslee > 3 weeks ago | Report Abuse

Mike-tikus caught with his pant down changing the date from original 11 Oct 2022 to below as 11 Oct 2023.

Posted by Mikecyc > Jun 10, 2024 8:49 AM | Report Abuse
Kementerian Komunikasi
https://www.kkd.gov.my › news
Privasia's RM50.3mil Order Book Skyrockets After Bagging RM1.2bil MCMC jobs
11 Oct 2023 — "This project is expected to strengthen Privasia's existing order book, which currently stands at RM50.3 million (excluding this contract)," it ...
—-
Posted by Sslee > 24 minutes ago | Report Abuse
So Mike-tikus cannot show the link and talk cock again what a conman indeed

pang72

49,226 posts

Posted by pang72 > 3 weeks ago | Report Abuse

The boss like to control the share price at cheap cheap like insas and keep buying right after right....
I guess he would like to bought up most of the shares he could do while waiting the big ticket like Vietnam power plant generating cash, 50mv solar plant generating cash and so on...

Then, company starts showing price and he has mountain cheap tickets for full blown

joyvest

10,186 posts

Posted by joyvest > 3 weeks ago | Report Abuse

PP is issued cheap , say 0.12 to so called "designated Investors" who are promised to be able to realise their subscription at a higher exit price say, 0.17 . I bet you should know who will be behind to motivate the exit price for the PP investors , right ??

Mikecyc

44,847 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha Gov le .. not Dumbass Konartist sslleee 🐭le … Don’t play play with Gov Projects le … See What Happened to Iris NiiSE project :



NST Online
https://www.nst.com.my › 2023/08
Home Affairs Ministry terminates Iris' RM1.12bil NIISe contract
14 Aug 2023 — In its filing with Bursa Malaysia today, Iris said the Home Affairs Ministry had cancelled its contract for the NIISe with immediate effect.

Posted by SarifahSelinder > 3 weeks ago | Report Abuse

JAKS shares price jump coincide dgn Toyoven got big 900m financial facilities for its Vietnam IPP

Posted by SarifahSelinder > 3 weeks ago | Report Abuse

Klau JAKS dpt LSS5 banks kan queue up to give banking facilities Banks got huge GSR quota to meet

joyvest

10,186 posts

Posted by joyvest > 3 weeks ago | Report Abuse

RI must be issued to the existing shareholders 1st but it is believed that no existing shareholders are keen to subscribe for. Jaks is fully aware of the consequence of under subscription . Furthermore , it is believed that no underwritters are keen to subscribe . Hence, PP is a safer bet for Jaks now

joyvest

10,186 posts

Posted by joyvest > 3 weeks ago | Report Abuse

No banking funders are keen to extend lending to Jaks. External borrowing is out of the question.

Mikecyc

44,847 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha Dumbass Konartist sslleee 🐭think Gov play play ke … See on Fasa 2 Region lo … cancelled Fasa 2 ???

pang72

49,226 posts

Posted by pang72 > 3 weeks ago | Report Abuse

Well! PP shares buyers operas left right selling 150mils to 200mils shares to exit the stock but what price? 20c, 24c?

pang72

49,226 posts

Posted by pang72 > 3 weeks ago | Report Abuse

Just the 2nd days event....
I don't see so soon...
The amount of money pump. In to. Push up 4c is multimillion

Posted by SarifahSelinder > 3 weeks ago | Report Abuse

Project financing for LSS5 can banks are keen on RE projects

pang72

49,226 posts

Posted by pang72 > 3 weeks ago | Report Abuse

So, good exit price is 1 fold at 24c minimum from pp pricec12c

pang72

49,226 posts

Posted by pang72 > 3 weeks ago | Report Abuse

So, what? This is ang pow money gives by Andy!

Mikecyc

44,847 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha as said RI issued in WarrantB to prevent Uncle intention to Take over on 2018 … is expired on End 2023 …

joyvest

10,186 posts

Posted by joyvest > 3 weeks ago | Report Abuse

with the massive share base and sidelined by investors ,it is very very difficult to pump.it is believed to be stagnant if not descending

Posted by Hoottttttt > 3 weeks ago | Report Abuse

What u guys argue? Let the market decide la, reality it’s uptrend now, u guys think keep argue here, market will follow your words? Omg… why not just follow the trend and earn money together? So stubborn for what?

Posted by StartOfTheBull > 3 weeks ago | Report Abuse

Green energy power?

joyvest

10,186 posts

Posted by joyvest > 3 weeks ago | Report Abuse

Cant you see the uptrend is motivated for an agenda and short lived. It is illusionary and unstainable..

Sslee

5,344 posts

Posted by Sslee > 3 weeks ago | Report Abuse

Only those in plantation companies with cheap land are most likely will get bank financing to convert some of their non productive land into LSS5 500 MW solar power plant.

You can forget about jaks getting any of the LSS5 500MW (a billion project cost) solar power plant.

pang72

49,226 posts

Posted by pang72 > 3 weeks ago | Report Abuse

Retailers will not buy 16,17,19,20c...but it goes higher 25c to 30c..
They will believe company is turn around...
So, wait for 30c then talk

Sslee

5,344 posts

Posted by Sslee > 3 weeks ago | Report Abuse

Anyway anyone are welcome to trade an uptrend stock but just remember makevsure you are not the one holding the bag when sharks start to dump.

Posted by StartOfTheBull > 3 weeks ago | Report Abuse

It seems SCIB chances of pump and dump is higher which SSLee fail to mention because he is holding 20,000.

joyvest

10,186 posts

Posted by joyvest > 3 weeks ago | Report Abuse

Do you believe that that company can turnaround ? in your fantasy is the answer ....

Sslee

5,344 posts

Posted by Sslee > 3 weeks ago | Report Abuse

SARAWAK CONSOLIDATED IND BHD MAIN : Industrial Products
Last Price Today's Change Day's Range Trading Volume
0.315 +0.045 (16.67%) 0.27 - 0.325 57,326,300

Thank StartOfTheBull,
I do not notice SCIB also on uptrend (pump abd dump) my TP is RM 1.00 or sell only next year.

Sslee

5,344 posts

Posted by Sslee > 3 weeks ago | Report Abuse

By the way today I took profit on LBS and KPS.

pang72

49,226 posts

Posted by pang72 > 3 weeks ago | Report Abuse

Jaks power plant can get 5c eps per year
But drag by construction and mall...
Why not just unwind theses 2 segment and focus in power business?
It can really turn the company around in current energy shortage moment

pang72

49,226 posts

Posted by pang72 > 3 weeks ago | Report Abuse

If can get some property firm to RTO jaks like exsim group to turn around the mall, the power plant will be their recurring earning for 20 years...

pang72

49,226 posts

Posted by pang72 > 3 weeks ago | Report Abuse

It is a waste for not unlocking their power business to right value

Mikecyc

44,847 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha just on Timing .. as Pacific Star is incurred most Losses ..

The 6 years legal battle against Star is ended March 2024 … Which Jaks won from Federal Court …

As the counter claim against Star over RM 540 million , case management is scheduled on August 2025 in High Court ..

Anticipating Year 2025 Shl be Jaks year …

pang72

49,226 posts

Posted by pang72 > 3 weeks ago | Report Abuse

Property market is booming
Power business is booming
Construction business is booming..

JAKS has 3 booming business's but hardly profit..

So, JAKS shld RTO by other property company to turn around the mall and get the recurring income freely 20 years from power plant 30mils a QR (120mils a years)

pang72

49,226 posts

Posted by pang72 > 3 weeks ago | Report Abuse

So, the 10% PP shld issue to other property player then the best for shareholder

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