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

Mikecyc

44,847 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha later let’s see how is Jaks TA ???

Sslee

5,344 posts

Posted by Sslee > 3 weeks ago |

Post removed.Why?

Mikecyc

44,847 posts

Posted by Mikecyc > 3 weeks 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…




As at 11/6/2024 :



MrFox
MrFox | Joined since 2019-02-13

Due to repeated abuse posts, this account has been suspended from posting to the i3investor portal until 2024-07-02. Please refer to the Terms and Conditions of Use or Community Standards of this portal.
Investing Experience -
Risk Profile -


Now he can wwss in the Jail ..🤣🤣🤣

Mikecyc

44,847 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha Dumbass Konartistsslleee 🐭 why no more saying Privasia Gov Project : Fasa 2 ( RM 1.2 Billion ) is Cancelled, Replaced by Fasa 3 ( RM 42.08 Million ) ? Any more Kon tricks ?🤣🤣🤣


> Fasa 2 : 6/10/2022


The contract for the southern region covering Negri Sembilan, Melaka and Johor is worth RM627.2 million, while the northern region covering Kedah and Perak is worth RM617.5 million.

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



> Fasa 3 : 23/10/2023

ZON 1: PERLIS, KEDAH DAN PULAU PINANG)



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




👉>> See the Region and Zone ….


Only not included Selangor , Pahang , Kelantan n Terengganu ( West Malaysia)

Mikecyc

44,847 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Jaks : TA case study

11/6/2024

MA10 0.142 BB Mid 0.136 MA200 0.179

MACD 0.007 0.000

Stoch RSI 100.00 97.50

MA5 0.155

——

As Comparison with Privasia :


Privasia : TA case study

11/6/2024

MA10 0.11 BB Mid 0.107 MA200 0.108

MACD 0.004 0.003

Stoch RSI 79.57 70.11

MA5 0.115

LimPek1510

209 posts

Posted by LimPek1510 > 3 weeks ago |

Post removed.Why?

Mikecyc

44,847 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Jaks Volume Play case study :

Date Price Open High Low Volume
2024-06-11 0.190 0.180 0.190 0.170 80,727,100
2024-06-10 0.175 0.160 0.180 0.155 214,601,500
2024-06-07 0.155 0.135 0.165 0.130 290,569,100

T+ 0 : Goreng holding share : 174,341,460

T+ 1 : Goreng : 128,760,900

T+ 2 : Goreng : 102,120,957

Note : Case Study from T+0 to T + 5

Mikecyc

44,847 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha .. just recap :


👉Haha Pokkai Tin Kosong Auntie Kon Huangbk72/Mr.Huang Pokkai invested in One stock on PMCorp on November 2013 .. See the Value in PMCorp wow …blowing with TP RM 2.00 ( Conartist Callvin blowing TP RM 5.00 , RM 10.00 ) ..., 👉lying n Twisting on Her cost is RM 0.245 wow ….then Pokkai Kon Huang Loss until hibernated from 2014 to 2021 more than 7 years in animal cave …

👉👉Haha Since 2024 .. Pokkai Tin Kosong Kon Huangbk72 joined the Kacukan Tipuu Tipuu gang in Top Glove forum to promote HK/ China n US stock … after her partner Kon BobAxelrod is MiA …( both Pretending as Negative commentators in Serba )



👉👉👉Haha The most despicable one is Kacukan Tipuu TutTut / Sting 🦂 ray / 🐍Ularsawa after got Attention in TSH …play Wayang on Recruitment , Telegram RM 100 membership fees pun mau main Tipuu Tipuu :


>> Haha 2023 Insas forum became konartist sslleee paid Macai Pokkai kon Ularsawa ( Ori id Dragonslayer is banned permanently) and Kon qqq47760 ( Ori id qqq3333 n aka qqq1212 , both are banned permanently) platform to promote Hk /China n US stock … 
also Ularsawa Sifutt Pokkai Kon Stingray.


Posted by LimPek1510 > 58 seconds ago | Report Abuse

Mike!

Auntie Huang Bok Kai hidding in her cave again , hibernating now. 🤣😉🤣🤣

Mikecyc

44,847 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha Oop Sslee .. I did not flag u ..


Posted by Sslee > 3 hours ago |

Post removed.Why?

joyvest

10,186 posts

Posted by joyvest > 3 weeks ago | Report Abuse

Jaks is said to have difficulty in raising funds through RI and PP which puts the projects to a halt.

pang72

49,226 posts

Posted by pang72 > 3 weeks ago | Report Abuse

Today up another 1.5c to 20.5 closing

pang72

49,226 posts

Posted by pang72 > 3 weeks ago | Report Abuse

Tp24. 5c ok

pang72

49,226 posts

Posted by pang72 > 3 weeks ago | Report Abuse

As usual, operator will come Last 30mins to sapu up..
You can happily eat breakfast drink coffee queue buy at 18.5, 18c....as you like..

End day will push up

Posted by Hoottttttt > 3 weeks ago | Report Abuse

Last chance to grab your ticket below 20c

Sslee

5,344 posts

Posted by Sslee > 3 weeks ago | Report Abuse

Financial end 31/12/2023
RM
Deposits placed with licensed banks 22,221,624
Cash and bank balances 41,803,068

Dividend received from joint venture 27,386,409
Interest expense 27,632,757

The maturity of bank borrowings is as follows: -
Within one year 74,111,378
Later than one year and not later than two years 41,754,154
Later than two years and not later than five years 261,874,177
Later than five years 115,696,768
Total 493,436,477

Do the math:
Will Jaks going to face cash flow problems?
Where Jaks going to get finance to participate in any new project?
Are more PP or RI coming?

pang72

49,226 posts

Posted by pang72 > 3 weeks ago | Report Abuse

Lu lai lu high lo

pang72

49,226 posts

Posted by pang72 > 3 weeks ago | Report Abuse

20.5c by 430pm today...
Simple

pang72

49,226 posts

Posted by pang72 > 3 weeks ago | Report Abuse

Take the golden opportunity 18.5c.. While stock last
Else, buy at 24.5c

Sslee

5,344 posts

Posted by Sslee > 3 weeks ago | Report Abuse

No worries Mike -tikus will buy from 19 to 24.5

Mikecyc

44,847 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha Dumbass Konartist sslleee 🐭why you invested in Omesti with Current Ratio 0.81 .. got cash flow problems ke . Where as Jaks is 1.11 …( during you invested )

After the latest QR result :

Omesti : Debt-Equity (DE) Ratio 4.05
FCF Yield -43.23 %

Jaks : Debt-Equity (DE) Ratio 0.64
FCF Yield 0.57 %

Mikecyc

44,847 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha Jaks :

52w 0.120 - 0.245

joyvest

10,186 posts

Posted by joyvest > 3 weeks ago | Report Abuse

unstainable and on the verge of declining fast and furious..............

Mikecyc

44,847 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha Fox or Musangfoxking …🤣🤣🤣

musangfoxking
musangfoxking | Joined since 2014-09-10

Posted by Investing_Bursa > 3 weeks ago | Report Abuse

Buying momentum is so strong !

Posted by Investing_Bursa > 3 weeks ago | Report Abuse

I also have to add 🤣

Posted by ValueInvestor888 > 3 weeks ago | Report Abuse

Ang is one of the most skillful in managing stock prices, PP and RI in the bursa. His skill is world class. Even uncle KYY is small kid to him and got swallowed millions of ringgit. It will be good if he can use this skill to run and improve his company profit and financial.

*******************
Do the math:
Will Jaks going to face cash flow problems?
Where Jaks going to get finance to participate in any new project?
Are more PP or RI coming?

Posted by ValueInvestor888 > 3 weeks ago | Report Abuse

after this goreng, friendly PP investors can sell and take profit, waiting for next PP to buy at lower price...Jaks is good at printing shares...

Mikecyc

44,847 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha see how Jaks being awarded CGPP Solar Project with its consortium.. although MW is much Lesser ..

Mikecyc

44,847 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha Sslleee .. Privasia is RM 0.13 now …

Volume Play case study vs TA case study .. cheers ..

Mikecyc

44,847 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha what a Good day :

Jaks : Mid day Price RM 0.190 … VWAP 0.187 Volume 94,734,100 ( lag few minutes) ..

Privasia : Mid day RM 0.135

Cheers …

Mikecyc

44,847 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Posted by Mikecyc > 14 hours ago | Report Abuse

Jaks : TA case study

11/6/2024

MA10 0.142 BB Mid 0.136 MA200 0.179

MACD 0.007 0.000

Stoch RSI 100.00 97.50

MA5 0.155

——

As Comparison with Privasia :


Privasia : TA case study

11/6/2024

MA10 0.11 BB Mid 0.107 MA200 0.108

MACD 0.004 0.003

Stoch RSI 79.57 70.11

MA5 0.115



Posted by Mikecyc > 14 hours ago | Report Abuse

Jaks Volume Play case study :

Date Price Open High Low Volume
2024-06-11 0.190 0.180 0.190 0.170 80,727,100
2024-06-10 0.175 0.160 0.180 0.155 214,601,500
2024-06-07 0.155 0.135 0.165 0.130 290,569,100

T+ 0 : Goreng holding share : 174,341,460

T+ 1 : Goreng : 128,760,900

T+ 2 : Goreng : 102,120,957

Note : Case Study from T+0 to T + 5

Mikecyc

44,847 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha I am learning Candle also … as said earlier Privasia Cup n Handle is formed ( study one TA Sifu .. success rate is ard 70 % .. 30 % is next day price is dropped ) .. next day said Cup n Handle is intact … Today Mid day Price RM 0.135 ..

Posted by StartOfTheBull > 3 weeks ago | Report Abuse

Mantap Mike 👍. SSLee Tikus sudah senyap.

Mikecyc

44,847 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha .. Thank you .

Posted by StartOfTheBull > 1 hour ago | Report Abuse

Mantap Mike 👍. SSLee Tikus sudah senyap.

Mikecyc

44,847 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Jaks Resources And Partners Selected For CGPP 29.99MW Capacity Solar Supply
By Editor - August 9, 2023

JAKS Resources Berhad, together with its partners, Ann Joo Green Energy Sdn. Bhd. and Fabulous Sunview Sdn. Bhd. has been selected as successful solar power producer with a capacity of 29.99MW under the Corporate Green Power Programme.

As announced by the Energy Commission on 7 August 2023, only 22 out of the 71 applicants thus far have been successfully selected as solar power producers under the CGPP and 236.58MW out of the total 800MW allocation remains to be allocated.

JAKS chief executive officer Andy Ang Lam Poah said, “We are elated that JAKS has been appointed as one of the solar power producers alongside our consortium partners. We are optimistic of the success and execution of the project in view of the synergistic experience and capabilities which this consortium can provide. The awarded project aligns with our long-term goals in expanding our renewable energy portfolio whilst contributing positively to the business growth in the near future.”

Mikecyc

44,847 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Better returns await CGPP winners

Wednesday, 09 Aug 2023

PETALING JAYA: Winners of the Corporate Green Power Programme (CGPP) could potentially enjoy better returns compared to the fourth cycle of the large-scale solar (LSS4) projects.


MIDF Research said going by its initial ballpark estimates, the CGPP could reap internal rate of returns (IRRs) in the high-single-digit levels.


This is because the initiative, which will be utilising virtual power purchase agreements, is based on a willing buyer-willing seller approach.

“Under the CGPP, players are free to secure their own offtaker, hence giving better pricing power as opposed to stiff competition to supply to a single offtaker under the LSS auction mechanism,” said the research firm in a report yesterday.



According to MIDF Research, the CGPP tariffs are also likely to reflect a premium for environmental attributes like renewable energy certificates.


As a benchmark, the research firm noted that the Green Electricity Tariff sold by Tenaga Nasional Bhd


(TNB) was raised to 21.8 sen per kilowatt hour (kwh) effective August this year.
Meanwhile, the system’s marginal price under the New Enhanced Dispatch Arrangement (Neda) wholesale market is averaging about 25 sen per kwh as at June 2023, which is “a decently large premium to LSS4 winning bids of 18 to 20 sen per /kwh for 30-50MW packages,” it said.


On Monday, the Energy Commission (EC) announced that a total 563.42MW under the CGPP were awarded to 22 solar power producers.

There is still a balance of 236.58MW quota to be awarded out of the 800 MW offered under CGPP, which received a total of 71 applications, according to the EC.
Most of the players secured about 30MW, while a few players secured a smaller capacity in the range of seven to 15MW. It is unclear when the remaining quota of 236.58MW will be awarded.

A number of listed companies were among the winners, with TNB appearing to be the biggest winner with a total of 90MW capacity secured via three different applications.

Mikecyc

44,847 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha Jaks CEO has a Good business acumen …


JAKS RESOURCES BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
JAKS RESOURCES BERHAD ("JRB" OR THE "COMPANY") MEMORANDUM OF UNDERSTANDING ENTERED INTO BETWEEN JAKS SOLAR POWER HOLDINGS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF JRB, AND CALB GROUP CO., LTD
The Board of Directors of JRB is pleased to announce that JAKS Solar Power Holdings Sdn Bhd, a wholly-owned subsidiary of JRB, had on 2 May 2024, entered into a Memorandum of Understanding ("MOU") with CALB Group Co., Ltd, a company registered under the laws of People's Republic of China to explore the feasibility of a collaboration in the Battery Energy Storage System market, including but not limited to Utility-scale ESS, Commercial & Industrial ESS and Residential ESS. Please refer to the attachment for details of the MOU. This announcement is dated 2 May 2024.

Mikecyc

44,847 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha there are 2 China Solar Companies oredi invested in Malaysia as I posted earlier ..

Not only First Solar in Malaysia which awarded PA contract RM 600 million, then RM 800 million, and RM 1.1 Billion on early 2023 …

Mikecyc

44,847 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha T+ 3 =92,743,000 with VWAP 0.184 is rolled over from T+2

Sslee

5,344 posts

Posted by Sslee > 2 weeks ago | Report Abuse

JAKS RESOURCES BERHAD MAIN : Construction
Last Price Today's Change Day's Range Trading Volume
0.18 -0.01 (5.26%) 0.17 - 0.195 154,572,100

Still drop 1 sen. Tomorrow how????

Sslee

5,344 posts

Posted by Sslee > 2 weeks ago | Report Abuse

ALP will continues signing many more MOU to justify his multimillion LTIP free shares grant.

Mikecyc

44,847 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha Konartist sslleee 🐭pls take the right medicine tonight … sleep well …🤣🤣🤣

Mikecyc

44,847 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha if you sensitive to figure .. not Kon maths.. you will get the answer …

Same as yesterday I am posted Privasia VWAP … I learned from Ethical Sifu 3iii from his posting in Netx during debated against Calvin 15 months …Thanks .

Mikecyc

44,847 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha Today engine too hot ke …

Posted by Mikecyc > 8 hours ago | Report Abuse

Posted by Mikecyc > 14 hours ago | Report Abuse

Jaks : TA case study

11/6/2024

MA10 0.142 BB Mid 0.136 MA200 0.179

MACD 0.007 0.000

Stoch RSI 100.00 97.50

MA5 0.155

Mikecyc

44,847 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Jonathan161838
Jonathan161838 | Joined since 2024-06-12

This account has been banned for violating the Terms and Conditions of Use or Community Standards of this portal.
Investing Experience -
Risk Profile -

Sslee

5,344 posts

Posted by Sslee > 2 weeks ago | Report Abuse

Last Price 0.17
Today's Change -0.01 (5.56%)
Day's Change 0.17 - 0.18
Trading Volume 29,387,500

First half score look very poor. Will second half do much better with top striker Mike-tikus in play to push up to 19 and 24.5?

Mikecyc

44,847 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha konartist sslleee 🐭 stucked high since 2017 … sold in April 2023 … I read Uncle K post on 2023 that he Loss ard 89 % of his Investment Capital in Jaks …

Haha need to Thanks Konartist sslleee 🐭hardworking study said CEO 14 % shareholding all in Pledge Account.. if Price Keep Dropping sure Kena Margin Call wow ..

Haha what a Best Information le .. will CEO let price keep dropping? He is the Only Substantial shareholder in Top 30 list … other 29 averagely holding 0.5 % ( no company , no financial institution) …

Mikecyc

44,847 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha morning session VWAP is fixed on 0.175 ..

Posted by Hoottttttt > 2 weeks ago | Report Abuse

Seem like another round pushing.. get ready to see nice show

Posted by Investing_Bursa > 2 weeks ago | Report Abuse

Let’s go Jaks !

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