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 3 hours ago

CaoCao

172 posts

Posted by CaoCao > 1 day ago | Report Abuse

Dumbass Auntie Huang Bok Kai all 3 investment records 100% kaput.

Why you still barking here ? Tak tahu malu? You barking here expecting SSLee give you a bone?

Mikecyc

45,138 posts

Posted by Mikecyc > 1 day ago | Report Abuse

Haha Pokkai Tin Kosong MarryHuangbk blowing PMCORP with TP RM 2.00 , see its Value since 2013 wow … must be loss naked liaw .. want to share ❤️in PMCorp wow .... hibernated more than 7 years in animal cave since 2014 until mentally disordered… just ignore her .. reply if necessary…



>> Pokkai Tin Kosong MarryHuangbk joined the Kacukan Tippu Tippu gang ( even Tippu newbies membership fees RM 100 ) in TopGlove on 2024 to promote HK/China and US stock ____. Beware ..

Mikecyc

45,138 posts

Posted by Mikecyc > 1 day ago | Report Abuse

Haha He Dumped her … tulang pun tak Ada …🤣🤣🤣

—-

Posted by CaoCao > 7 minutes ago | Report Abuse

Dumbass Auntie Huang Bok Kai all 3 investment records 100% kaput.

Why you still barking here ? Tak tahu malu? You barking here expecting SSLee give you a bone?

Mikecyc

45,138 posts

Posted by Mikecyc > 1 day ago | Report Abuse

Let’s do a comparison of Jaks with 2 other Solar Companies ..

👉Jaks NTA 0.63 , the other 2 NTA : 0.35 n 0.3033 …

👉Jaks had Won the 6 years Legal battle against Star claim from Federal Court on March 2024 .. now is counter claimed Star over RM 540 million which case management is scheduled by August 2025 ..

👉Despite continual contributions from Vietnam Power Plant … LSS4 is expected to be contributing positively by 2024 ..( Completed n Commissioned on 21 August 2023 with 25 concession years tenure .) :

1.) QR ended September 2023 :

Revenue : 3.3 Million , Loss ( RM 1.4 Million)

2.) QR ended December 2023 :

Revenue: 4.3 Million , Loss ( 0.4 Million )

3.) QR ended March 2024 :

👉Revenue: 5.3 Million , Profit RM 0.96 Million

👉 Jaks : PE 35.65 with EPS 0.53 Sen

👉👉Illustration: If EPS 1.06 Sen … PE = 35.65/2 = 17.83

With NOSH 2606.84 million … Required Profit RM 27.63 million..

👉👉👉 Price then Shl be .. RM 0.38 ( by Direct ratio )

👉👉👉👉See Jaks yearly Profit :
2021 : RM 51.9 million
2022 : RM 53.5 million
2023 : RM 15.5 million
2024 ( 1st Quarter) : RM 12.4 million


-

Jaks :

ROE 0.84
P/E 35.65
EPS 0.53
NTA 0.6300



Solarvest :
ROE 13.20
P/E 39.35
EPS 4.6
NTA 0.3500

Samaiden :
ROE 10.55
P/E 38.49
EPS 3.20
NTA 0.3033

CaoCao

172 posts

Posted by CaoCao > 1 day ago | Report Abuse

Hahahhahahah this dumbass Auntie Huang Bok Kai just one statement sure will subscribe already want to claim her credit. What a dumbasss statement.

SBH once dropped near to IPO price, maybe Xiaoer already cutlost because listening to your dumb statement "I know people inside SBH"



Stock: [TOPGLOV]: TOP GLOVE CORPORATION BHD

2024-03-23 11:14 | Report Abuse

Sure will subscribe. I know these people behind SBH

CaoCao

172 posts

Posted by CaoCao > 1 day ago | Report Abuse

Hello Dumbass Auntie Huang Bok Kai "I will subscribe" doesn't mean you have successfully bought it. There isn't any statement stated you have bought it.

Recently IPO market so hot, just simply tembak also could get many with more than 100% gain.

Did you provide analysis of the business prospect? Profit margin? Company cashflow etc? Just one dumb statement "I know SBH people". This is like coffee shop uncles and aunties statement.

Shame on you!

Mikecyc

45,138 posts

Posted by Mikecyc > 1 day ago | Report Abuse

Haha what a Mentally Disordered Pokkai MarryHuang , worst before is a Tin Kosong with Low IQ :

6 years Legal Battle with Star :

1.) Star sued Jaks for a Claim — Won in High Court ..

2.) Jaks Won in Court of Appeal..

3.) Star appeal to Federal Court ..

4.) Jaks won in Federal Court on March 2024 … now counter claim Star over RM 540 million, case management is scheduled on August 2025 in High Court … Low IQ n mentally disordered MarryHuang .. is different case now …


—-
Posted by Huangbk72 > 36 minutes ago | Report Abuse

Aiyoyo Miketikus.. Still lying about Jaks vs Star legal case. U so thick-skin that even exposed as a ignorant fool, still come back to post more gibberish 😂😂😂

I wonder to believe Miketikus or The Edge

I know my choice. 😁😁😁

PUTRAJAYA (March 7): The legal dispute between Star Media Group Bhd and JAKS Resources Bhd on the development of a parcel of land in Section 13, Petaling Jaya, has been reverted back to the High Court for trial.

https://theedgemalaysia.com/node/703857

Huangbk72

4,889 posts

Posted by Huangbk72 > 1 day ago | Report Abuse

Cannot even explain to Miketikus.. he has head problem. Doing same mistake over and over again. Before calling other names.. buy a mirror 🤣

U talk like there are few cases ongoing..

What Star won, then Jaks won.. Its the same case 😂😂 You dont even know Court of Appeal is to appeal ruling.

You just wait Aug 25 to read court minutes.. then you know 🤣🤣🤣

U forgot you answered LSS5 question with VN coal plant answer ? 🤣🤣🤣🤣



Posted by Mikecyc > 9 minutes ago | Report Abuse

Haha what a Mentally Disordered Pokkai MarryHuang , worst before is a Tin Kosong with Low IQ :

6 years Legal Battle with Star :

1.) Star sued Jaks for a Claim — Won in High Court ..

2.) Jaks Won in Court of Appeal..

3.) Star appeal to Federal Court ..

4.) Jaks won in Federal Court on March 2024 … now counter claim Star over RM 540 million, case management is scheduled on August 2025 in High Court … Low IQ n mentally disordered MarryHuang .. is different case now …

CaoCao

172 posts

Posted by CaoCao > 1 day ago | Report Abuse

Dumbass Auntie Huang Bok Kai IPO stocks is about tembak, if you tembak one with 100% gain could cover lost for many unsuccessful lost.

Why you so dumb? This simple common sense also doesn't have?

CaoCao

172 posts

Posted by CaoCao > 1 day ago | Report Abuse

Dumbass Huang Bok Kai. What's wrong with my statement? There are many new IPO stocks hit 100% gain.

What your dumb brain is thinking 🤔

Mikecyc

45,138 posts

Posted by Mikecyc > 14 hours ago | Report Abuse

Haha sslee can share some 🕯️ light on this Topic : chances of Jaks on Bidding LSS5 2000 MW .. each bidder can bid up to maximum 500 MW , project capital is estimated RM 1.8 Billion:

1.) Jaks had completed n commissioned LSS4 50 MW project ahead of schedule..whereas some winners still request extension of schedule.

2.) Jaks being awarded CGPP 30 MW on August 2023 ..

3.) LSS5 : Jaks partner with China partner as in Vietnam Power Plant …

Note : earlier there is No Info whether LSS5 is Open to Foreign MNC companies.. as LSS4 is Not Open to Foreign companies.

Sslee

5,470 posts

Posted by Sslee > 13 hours ago | Report Abuse

Jaks has cashflow problem and now can only get cash from either PP or RI for bank repayment and working capital.

So where jaks going to get the money to undertake any project?
Meanwhile LTIP coming to reward ALP for signing MOU

Sslee

5,470 posts

Posted by Sslee > 13 hours ago | Report Abuse

By the way the explaination of huge receivables as retention money for completed project/projects is as fake as Serba receivables.

Has Jaks management know about Bank Guarantee facility designated for issuing performance guarantees.

Mikecyc

45,138 posts

Posted by Mikecyc > 12 hours ago | Report Abuse

Haha Sslee pls share 🕯️ light on :

1.) What are the projects Performance bonds retention period n amount ?

2.) What is the amount deposited to get Bank Performance Bonds n interest rate ??

Like Invoices Financing for loans .. what is the interest rate !!!!



Date Time
: 27 June 2023, Tuesday : 10.30 a.m.
JAKS RESOURCES BERHAD
Registration No. 200201017985 (585648-T) (Incorporated in Malaysia)
SUMMARY OF KEY MATTERS DISCUSSED
AT THE TWENTY-FIRST ANNUAL GENERAL MEETING OF THE COMPANY
Set forth below are the Key Matters Discussed:

Is the Company facing issues on collections given the high receivables recorded on the Company’s balance sheet? What are the mitigating actions in place to tackle this issue?

The receivables consist of contract and retention sums for construction projects, including the USD454m Engineering, Procurement and Construction (“EPC”) 2 Vietnam Contract. We do not foresee any problems with the collection when it is fully completed.

Note : Vietnam Power Plant is fully completed n commissioned on early 2021 … the balance issue is resolved when designated a land disposal:

Hai Duong requested strict handling of Jaks Power Company's intentional transfer of ash and slag



VietNamNet
05/09/2023

Mikecyc

45,138 posts

Posted by Mikecyc > 10 hours ago | Report Abuse

Haha Today n Tomorrow Shl be a Good entry opportunity:

Date Price Open High Low Volume
2024-07-19 0.190 0.185 0.195 0.185 48,365,500
2024-07-18 0.190 0.175 0.195 0.170 91,830,000
2024-07-17 0.175 0.175 0.180 0.175 8,319,600

Posted by Investing_Bursa > 7 hours ago | Report Abuse

Let’s go Jaks. Added a bit more today !

Richdady

59 posts

Posted by Richdady > 3 hours ago | Report Abuse

I went to jak sif in nibong tebal.. vast area ,can collect , jaks for future

Mikecyc

45,138 posts

Posted by Mikecyc > 3 hours ago | Report Abuse

Haha Sslee posted : Posted by Sslee > 2 days ago | Report Abuse

Jaks is badly managed company


Let’s compare your Promoted Omesti with Jaks :

Omesti :
Debt-Equity (DE) Ratio 4.05

Interest % is keep increasing le ..😱

Jaks :
Debt-Equity (DE) Ratio 0.64


>> Jaks insiders had well managed the Company and controlled the Gearing Ratio in a Healthy ratio :

👉Jaks Gearing Ratio : 👉👉👉

>2QR ended June 2023 :

Gearing Ratio : 0.362X


>3QR ended September 2023 :

Gearing Ratio : 0.352 X


>4QR ended December 2023 :

Gearing Ratio = 0.35X

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