Posted by jjohnchew > 2024-09-19 13:33 | Report Abuse

An illustration:

QR ended June 2024 :

Share of Profits + Dividend = RM 35 ,000,000 to USD = USD 7,499,000

👉75 % Loans of USD 1.87 billion , started repayment on 2021 with interest 10 % .

2022 : Loans Balance = USD 1,683,000,000

2023 : Loans Balance b/f = USD 1,496,000,000

👉2024 : USD to VND is Depreciated 4.42 % … Savings from Loan repayments = USD 8,265,000 compared to USD depreciation to RM on share of Profits + Dividend = USD 632,000.( Less ) .

Posted by Sslee > 2024-09-19 14:21 | Report Abuse

If you hold 30% JHDP and that assets is in USD then quaarter end 30/6/2024 what exchange rate you used to covert your 30% JHDP equity/net assets in jaks book (investment in JV)?

When come next quarter end 30/9/2024 what exchange rate you used to covert your 30% JHDP equity/net assets in jaks book (investment in JV)?

Posted by jjohnchew > 2024-09-19 14:44 | Report Abuse

Jaks non current asset


Refer QR ended March 2023 :


Non Current Assets :


PPE. 273,041,000


Investment Properties 594,321,000


Investment in Joint Venture. 829,105,000



—

Refer QR ended June 2023 :



Non Current Assets :


PPE. 278,626,000

Investment Properties 590,929,000

Investment in Joint Venture. 861,417,000


===


Note : Compared 2QR to 1QR >>


A) PPE : increased RM 5,585,000 👍


B) Investment Properties : Decreased RM 3,392,000 👍


C) Investment in Joint Venture. : Increased RM 32,312,000 👍

—-

Refer 3QR ended September 2023 :



Non Current Assets :


PPE. 299,238,000

Investment Properties 587,546,000

Investment in Joint Venture. 897,378,000

—-

Jaks

Refer 4QR ended December 2023 :



Non Current Assets :


PPE. 296,599,000

Investment Properties 584,206,000

Investment in Joint Venture. 904,495,000

—

>> 1QR ended March 2024 :

Non Current Assets :


PPE. 294,107,000

Investment Properties 587,948,000

Investment in Joint Venture. 936,836,000


——



Jaks non current asset :

Investment in Joint Venture:

QR ended

> March 2016 = 128,297,000

> March 2019 = 197,171,000

> March 2020 = 362,479,000

> March 2021 = 601,150,000
( note : Profit from Construction of the Power Plant is ard RM 400 Million .. Final COD on January 2021 )

> March 2022 = 748,656,000

> March 2023 = 829,105,000

> September 2023 = 897,378,000

> December 2023 = 904,495,000

> March 2024 = 936,836,000

> June 2024 = 943 ,960,000

Posted by jjohnchew > 2024-09-19 14:45 | Report Abuse

Jaks 👉👉👉

2QR ended June 2023 :

> Accumulated Profit : 343,661,000. ( 1QR 324,951,000 ) ( Audited as on December 2022 is RM 310,874 ,000 )



>> Accumulated Profit on 3QR ended September 2023 : 350,327,000


👉 》〉Accumulated Profit on 4QR ended December 2023 : 348,126,000


👉 Accumulated Profit on 1QR ended March 2024 : 361,786,000

Posted by jjohnchew > 2024-09-19 14:49 | Report Abuse

> Accumulated Profit :
March 2016 = 55,453,000 … > June 2024 = 369,116,000 .

Posted by jjohnchew > 2024-09-19 15:11 | Report Abuse

Hoho Repost :


Jaks

1.) Vietnam Power Plant Share of Profit n Dividends :


2020 : RM 3.8 million ( 1 Power Plant is COD on Nov 2020 )


2021 : RM 140.7 million ( The 2nd Power Plant is COD on January 2021 ) .


2022 : RM 156.2 million , Dividend RM 70.0 million


2023 : 1QR = RM 28.326 M , 2QR = RM 32.312 M , 3QR = RM 35.862 M , 4QR = RM 34.503 M plus Dividend RM 27.386 M

2023 : RM 131 million , Dividend RM 27.385 million


Total Share of Profit = RM 431.703 Million

Total Dividend = RM 97.386 Million

Total = RM 529.089 Million

> Share of Profit in QR ended March 2024 =
RM 32.384 million

>> Total = RM 561.463 million


> Share of Profit in QR ended June 2024 = Rm 21.33 million

Dividend = RM 14.21 million

👉Grand Total = RM 597 million.👍


Jaks 30 % share in Vietnam Power Plant Joint Venture invested ard RM 600 Million.
( RM 400 million is from the Profit of Construction of the Vietnam Power Plant, EPC2.)

Initially PayBack 8 to 9 years ..

Referring to the Grand Total , PayBack period is by 2024 .. ie : from 2021 to 2024 ~~ 4 years ..

👉From Vietnam Power Plant 1200 MW EPCC RM 8.7 Billion started on October 2016 ,
Payback period is 8 years.


按照购电协议，电力售价将随原料价格波动。意味着业务盈利贡献获得保证。Jaks管理层曾透露内部回酬IRR介于12%，PAYBACK PERIOD为8至9年

Posted by jjohnchew > 2024-09-19 17:13 | Report Abuse

Hoho Repost :

👉2024 : USD to VND is Depreciated 4.42 % … Savings from Loan repayments = USD 8,265,000 compared to USD depreciation to RM on share of Profits + Dividend = USD 632,000.( Less ) .

Posted by jjohnchew > 2024-09-19 18:26 | Report Abuse

Hoho next Federal Reserve meeting is scheduled on December 2024 … expected another rate cut …

As said year 2025 is Jaks year …

Posted by jjohnchew > 2024-09-19 21:26 | Report Abuse

Hoho some update on Jaks management intention to monetise 2 Property Division assets as posted earlier:

> Referred to Annual Report FYE2023 :

1.) Evolve Mall :
Occupancy Rate increased to 75 % from 59 % FY2022 .

2.) Pacific Towers Business Hub : Occupancy Rate increased to 54 % from 35% FY2022 .

> QR ended June 2024 :

Property Investment: Loss RM 9,163,000 compared to Loss RM 9,540,000 on QR ended June 2023 .

👉 As Jaks won the 6 years legal battle on Pacific Star against Star Media from Federal Court on March 2024 , it can planned now to monetise the Pacific Towers Business Hub.

—-


PACIFIC STAR
Section 13, Petaling Jaya
Pacific Star is an elite mixed development project located on 6.04 acres land at Section 13, Petaling Jaya with Gross Development Value of RM1.08 billion. The Group acquired the land from the Star Publications for RM135 million and the payment for this consideration would be the construction and transfer of an office tower to the Star Publications. This development consists of 5 blocks for residential units and commercial space purposes.


Star Publications has exclusive rights to Tower A, while Tower B, also an office suites, has 258 units. Tower C on the other hand consists of 191 units of semi-D like homes. Tower D consists of 156 units of serviced apartments located on the 10th to 24th floor. Meanwhile, Tower E consists of 310 units sprawled over the 10th to 33th floor.


There are 4 levels of basement car parks, 4 levels of retail units, 3 levels of office suites and 6 levels of elevated car parks.

Posted by jjohnchew > 2024-09-20 11:56 | Report Abuse

Hoho interesting lo , if can monetise the property segment assets :

a.) Evolve Mall : loan balance RM 206.4 million… net book value as at December 2023 is RM 280 million.

b.) Pacific Towers : loan balance RM 70.6 million… net book value for Business Hub Tower only as at December 2023 is RM 232 million.

👉 Not only on anticipating Profit Gain on Monetisation these 2 properties asset , the Loans n Borrowings shl be reduced to Zero.

👉👉👉Loans n Borrowings as at June 2024 is RM 473.4 million….after monetise these 2 properties assets with Total Net Book Value RM 512 million … Jaks Shl be a Net Cash company.

Posted by jjohnchew > 2024-09-20 14:28 | Report Abuse

👉👉as posted earlier, year 2025 shl be Jaks year .

P/s : After won the 6 years legal battle against Star on March 2024 ( Pacific Star project ) from Federal Court … Jaks is counter claimed Star for RM 540 million.. next case management on 11/10/2024 for the parties to comply with the Pre-Trial case management directions. Trial was fixed on August 2025 .


👉Question: possibility of settlement out of court , as Star CEO is resigned on February 2024 after 2 years on the job .Previous CEO is resigned on May 2020 after nine months on the job, after the top job was left vacant by Datuk Seri Wong Chun Wai. Presently CEO is appointed from independent non-executive director of SMG, a position he held since Aug 11, 2018.

>> Case Management:

1.) 8/5/2024

2.) 11/7/2024

3.) 11/10/2024

Posted by jjohnchew > 2024-09-20 23:33 | Report Abuse

Hoho after posted Jaks ROE = 0.93 % , FCF yields = 0.71 % , Current Ratio = 1.04 ….

That someone said Jaks has Cash Flow issue , but where is the Profits generated is allocated ? See Jaks Non Current Assets and Free Cash Flow Growth as posted earlier.

After CEO Ang won the hostile takeover intention on 2018 ( 9 % vs 30 % , NOSH = 500 million share ) , he had successfully steered Jaks diversified into Power Plant industry on January 2021 , 1200 MW with EPCC Rm 8.7 billion…. And into Solar RE on August 2023 , 50 MW LSS4 Project in Seberang Perai Penang .

Referred Annual Report FYE2023 , Jaks acquired 30 plots of Free Hold Land in Seberang Perai Penang on 2019 .

Jaks 50 MW LSS4 Project with Loans RM 220 million, EPCC RM 200 million.

👉 On 9/9/2024 , Jaks disposed 17 plots Free Hold Land in Seberang Perai Penang ,
monetised land in Penang with RM 77.74 million…Net Book Value as at Annual Report FYE2023 is RM 15.97 million…a net pro forma gain of RM50.38 million from the disposal.


> Another Successful case of CEO Ang business acumen.

Posted by xiaoeh > 2024-09-20 23:38 | Report Abuse

ho ho...bro
what price is safe bet price...?

Posted by jjohnchew > 2024-09-21 09:20 | Report Abuse

As I am always posted :

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



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

Posted by jjohnchew > 2024-09-21 09:21 | Report Abuse

Hoho Recap on Jaks “ Moats “ Vietnam JV Power Plant 1200 MW, EPCC RM 8.7 Billion , key points , is COD on January 2021 :

1.) ROI as at June 2024 :

997 /200 = 499 %

👉Note : BOT 25 years contract is maturity on 2046 .

2.) Jaks Gearing Ratio is reduced from FY2015 0.80X to June 2024 0.303X


3.) Non Current Asset : Investment in Joint Venture and PPE is keep increasing.

a.) PPE :March 2016 = 55,453,000 …> > June 2024 = 369,116,000 .

b. Investment in Joint Venture: March 2016 = 128,297,000 ..> > June 2024 = 943 ,960,000


4.) Equity: Accumulated Profit is keep increasing.

March 2016 = 55,453,000 … > June 2024 = 369,116,000 .

Posted by jjohnchew > 2024-09-21 09:30 | Report Abuse

Hoho Jaks account book has been improved since 2016 to June 2024 , it is time now to monetise the 2 Property Division assets : Evolve mall and Pacific Towers Business Hub , after monetised the Penang Free Hold Land .

Posted by Sslee > 2024-09-21 09:44 | Report Abuse

Just a simply question if jaks financial health is improving then why the need to sell land and yearlly cash call PP for working capital and debts repayment?

Suiyee sucker bilis are born every second to be eaten by shark.
You all most welcome to be the suiyee sucker bilis.

Posted by Sslee > 2024-09-21 09:51 | Report Abuse

Ann. Date
Ex Date
Type
Subject
Amount
21-Jun-2024 24-Jun-2024 Private Placement 56,285,000 0.145
14-May-2024 15-May-2024 Private Placement 180,700,000 0.120
07-Sep-2023 08-Sep-2023 Private Placement 80,014,700 0.180
26-May-2023 29-May-2023 Private Placement 129,017,000 0.185
30-Jun-2021 01-Jul-2021 Private Placement 272,667,000 0.475
27-May-2019 28-May-2019 Private Placement 58,465,313 0.700
29-Mar-2018 30-Mar-2018 Private Placement 49,631,200 1.380
23-Mar-2017 24-Mar-2017 Private Placement 43,836,100 1.360

13-Oct-2020 26-Oct-2020 RIGHTS_ISSUE Rights Issue 8.0000 : 5.0000
05-Nov-2018 16-Nov-2018 RIGHTS_ISSUE Rights Issue 1 : 2

Posted by jjohnchew > 2024-09-21 11:11 | Report Abuse

Hoho is this a simple question or Dumb question : Why Labour expenses is increased during Production Capacity expansion ? After I am laughing for 2 years, you twisted to Capex , even didn’t understand what is Capex .🤣🤔.

Oh you still didn’t reply Why Insas a Cash Rich company with over RM 1.0 billion cash , but repeatedly issued RI for total RM 320 million to pay loans ??



—-

Posted by Sslee > 1 hour ago | Report Abuse

Just a simply question if jaks financial health is improving then why the need to sell land and yearlly cash call PP for working capital and debts repayment?

Suiyee sucker bilis are born every second to be eaten by shark.
You all most welcome to be the suiyee sucker bilis.

Posted by Sslee > 2024-09-21 11:18 | Report Abuse

Did someone can't read or as usual twist and turn on purpose?
Know how much I earned from the free insas-WC?

RI for total RM 320 million to pay loans ?????? LOL Mike-tikus

Financial Year
Subject Rights Issue
Type RightIssue
Description RENOUNCEABLE RIGHTS ISSUE OF UP TO 132,604,152 NEW REDEEMABLE PREFERENCE SHARES ("RIGHTS RPS") IN INSAS TOGETHER WITH UP TO 331,510,380 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 RIGHTS RPS AND 5 WARRANTS FOR EVERY 10 EXISTING ORDINARY SHARES HELD BY THE ENTITLED SHAREHOLDERS, AT 5.00 P.M. ON 3 FEBRUARY 2021 AT AN ISSUE PRICE OF RM1.00 PER RIGHTS RPS ("RIGHTS ISSUE WITH WARRANTS")
Amount 2.0000 : 10.0000
Ex Date 02-Feb-2021
Entitlement Date 03-Feb-2021

Posted by xiaoeh > 2024-09-21 11:18 | Report Abuse

Posted by jjohnchew > 1 hour ago | Report Abuse
As I am always posted :

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


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

what is your safe bet price bro....

Posted by jjohnchew > 2024-09-21 11:23 | Report Abuse

Hoho during the 6 years legal battle against Star , Jaks is facing Losses from Pacific Star Towers Project . After won the trial from Federal Court on March 2024 , Jaks now can proceed counter claimed on 2 suit against Star with over Total RM 540 million.

—

Posted by jjohnchew > 20 hours ago | Report Abuse


👉👉as posted earlier, year 2025 shl be Jaks year .

P/s : After won the 6 years legal battle against Star on March 2024 ( Pacific Star project ) from Federal Court … Jaks is counter claimed Star for RM 540 million.. next case management on 11/10/2024 for the parties to comply with the Pre-Trial case management directions. Trial was fixed on August 2025 .


👉Question: possibility of settlement out of court , as Star CEO is resigned on February 2024 after 2 years on the job .Previous CEO is resigned on May 2020 after nine months on the job, after the top job was left vacant by Datuk Seri Wong Chun Wai. Presently CEO is appointed from independent non-executive director of SMG, a position he held since Aug 11, 2018.

>> Case Management:

1.) 8/5/2024

2.) 11/7/2024

3.) 11/10/2024

Posted by jjohnchew > 2024-09-21 11:26 |

Post removed.Why?

Posted by jjohnchew > 2024-09-21 11:33 | Report Abuse

Hoho still twisting n diverting, not reply !! Recalled someone posted in Insas , WC cost is RM 0.25 . Even your 1st n Only Win RM 250,000 on Insas WC is a Lie since investing from 2016 to 2023 … what a pity book worm !🤣🧐🤔



—-

Posted by Sslee > 7 minutes ago | Report Abuse

Did someone can't read or as usual twist and turn on purpose?
Know how much I earned from the free insas-WC?

RI for total RM 320 million to pay loans ?????? LOL Mike-tikus

Posted by jjohnchew > 2024-09-21 11:47 |

Post removed.Why?

Posted by jjohnchew > 2024-09-21 12:00 |

Post removed.Why?

Posted by Sslee > 2024-09-21 12:11 | Report Abuse

Aiyoyo Mike-tikus still can't understand what it mean by FREE DETACHABLE WARRANTS ("WARRANTS")?

RENOUNCEABLE RIGHTS ISSUE OF UP TO 132,604,152 NEW REDEEMABLE PREFERENCE SHARES ("RIGHTS RPS") IN INSAS TOGETHER WITH UP TO 331,510,380 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 RIGHTS RPS AND 5 WARRANTS FOR EVERY 10 EXISTING ORDINARY SHARES HELD BY THE ENTITLED SHAREHOLDERS, AT 5.00 P.M. ON 3 FEBRUARY 2021 AT AN ISSUE PRICE OF RM1.00 PER RIGHTS RPS ("RIGHTS ISSUE WITH WARRANTS")

Posted by jjohnchew > 2024-09-21 12:25 |

Post removed.Why?

Posted by jjohnchew > 2024-09-21 14:26 | Report Abuse

Hoho another Great news :

财经新闻
鼓励企业用绿色电力 再生能源供应指南生效
2024年09月21日

（八打灵再也20日讯）为企业用户提供更广泛绿色电力供应选择的企业再生能源供应计划（CRESS）指南，今起生效。

能源及水务转型部发文告说，大马能源委员会将发布具体指导方针，作为希望参与再生能源供应计划的业者之监管指南。

>> key points as announced on 22/8/2024 :’

1.) Wheeling Charges :

a.) Non firmed or intermittent RE supply 45 sen per kilowatt-hour (kWh)…. 25 sen/kWh for RE with firm or consistent supply.

Jaks is awarded 30 MW CGPP project on August 2023 .

Posted by jjohnchew > 2024-09-21 16:41 | Report Abuse

Hoho why it is the Right time to “ Buy Low Sell High “ on Jaks :

1.) Lowest Price is RM 0.12 over 18 years .
Today price is RM 0.15 ( 21/9/2024 ) .. with NTA 0.59

52W 0.12 — 0.225


2.) Why Jaks is keep diluting with RI n PP : To prevent take over intention on 2017/2018 ( 9.9 % vs 30 % on 2017 … but CEO Ang holding is increased from 9.9 % to 13.79 % as at FYE2023 ) .

3.) November 2018 RI is issued in Warrant only , WB at RM 0.25 with EX price RM 0.64 n is changed to RM 0.34 on 2022 … is 👉Maturity on December 2023 , to prevent the Take Over . A very sad battle episode as all parties are in Losses.

4.) Jaks won the 6 years legal battle against Star Media from Federal Court on March 2024 .

> Sequential events on the Legal battle:

Star won from High court
Jaks won from Appeal court
Star appealed to Federal court
Jaks won from Federal court .


—

According to Bursa Malaysia filings, well-known investor Koon Yew Yin is the single largest shareholder of JAKS with a 21.11% stake as at April 10. Koon’s wife Tan Kit Pheng also owns 8.68% shares in JAKS. Lam Poah’s shareholding in the group stood at 9.9% as at Nov 1, 2017.

JAKS shares closed unchanged at RM1.46 last Friday, with a market capitalisation of RM797.08 million. The stock has fallen 21% from its peak of RM1.84 on Feb 19 since the dispute with Star Media Group Bhd erupted. Star Media shares closed down three sen or 2.7% at RM1.08 last Friday.

Note : This article first appeared in The Edge Financial Daily on April 16, 2018 - April 22, 2018

—

Posted by Sslee > 5 hours ago | Report Abuse
Ann. Date 
Ex Date 
Type 
Subject 
Amount 
21-Jun-2024 24-Jun-2024 Private Placement 56,285,000 0.145 
14-May-2024 15-May-2024 Private Placement 180,700,000 0.120 
07-Sep-2023 08-Sep-2023 Private Placement 80,014,700 0.180 
26-May-2023 29-May-2023 Private Placement 129,017,000 0.185 
30-Jun-2021 01-Jul-2021 Private Placement 272,667,000 0.475


27-May-2019 28-May-2019 Private Placement 58,465,313 0.700 
29-Mar-2018 30-Mar-2018 Private Placement 49,631,200 1.380 
23-Mar-2017 24-Mar-2017 Private Placement 43,836,100 1.360 

13-Oct-2020 26-Oct-2020 RIGHTS_ISSUE Rights Issue 8.0000 : 5.0000


05-Nov-2018 16-Nov-2018 RIGHTS_ISSUE Rights Issue 1 : 2




—

Exercise of Warrant B : Additional Listing

1.) 23/1/2020 : 8,000,000

2.) 23/7/2020 : 4,000,000

3.) 7/12/2023 : 1,237

Posted by jjohnchew > 2024-09-21 16:42 | Report Abuse

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



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

Posted by jjohnchew > 2024-09-21 20:51 | Report Abuse

Hoho thanks to ssleee keep shouting CEO shares all in pledged accounts , Jaks price is keep dropping will be Margin Call . The lowest price is oredi tested at RM 0.12 , now up to RM 0.15.

Posted by jjohnchew > 2024-09-22 16:17 | Report Abuse

Hoho Sslee said Jaks sold Penang Free Hold Lands on 9/9/2024 , monetise the Lands with RM 77.74 million ( a net pro forma gain of RM50.38 million ) . Jaks LSS4 50 MW Solar plant / farm in Penang Shl be no more Land wow ..

The findings:

1.) Referred to Annual Report FYE2023 , Jaks had acquired 30 plots of Free Hold lands in Seberang Prai , Penang on 2019 .

LSS4 50 MW project is awarded on 2021 ,Loans RM 220 million is approved on March 2022 .

> Jaks sold 17 plots of Penang lands , Balance 13 plots as LSS4 50MW Solar farm .

>> A smart n visionary of CEO Ang business acumen.

As compared to LSS5 2000 MW Solar project, EPCC RM 7.2 Billion ( tender RFP dateline 25/7/2024 ) … Jaks tendered for 200 MW ( with intention up to 500 MW ) , estimated EPCC RM 800 million ,

Land : 1730 acres in Terengganu is going to lease from TDM . ( Rental is RM 578 per acre per year ) .

Based on type of Solar Panels ( different efficiency 12 % or 18 % ) selection , the Land can be a 200 MW to 500 MW Solar farm .

Posted by Sslee > 2024-09-22 17:32 | Report Abuse

I may be wrong on how many plots of land jaks hold in Penang mainland but jaks is selling 13 plots and why a simple land disposal expected to be completed by 3rd quarter of 2025. A year time?

(i) SPA with PASB for disposal of four (4) pieces of freehold lands for purchase price of
RM35,939,726.12 (“SPA 1”); and
(ii) SPA with SSB for disposal of nine (9) pieces of freehold lands for purchase price of
RM41,804,507.59 (“SPA 2”)

Estimated Time Frame for the Completion
The Proposed Disposal is expected to be completed by 3rd quarter of 2025

Posted by jjohnchew > 2024-09-22 19:30 | Report Abuse

Hoho of course the faster is good le .🤣

Key words : oil palm land .



KUALA LUMPUR (Sept 10): JAKS Resources Bhd (KL:JAKS) said it is disposing of 178.48 acres of oil palm land in mainland Penang for RM77.74 million

Posted by jjohnchew > 2024-09-22 21:14 | Report Abuse

Hoho Sslee said see 5 waves in Yinson … still can see ke , how is FPSO Atlanta First Oil status ? Delayed of each day caused Revenue is losing RM 1.585 million/ day .😱

Posted by jjohnchew > 2024-09-22 21:26 | Report Abuse

Hoho ssleee how is Jaks TA :

MA 5 : 0.147
MA10 : 0.145
MA100 : 0.141
MA200 : 0.147

RSI (14 ) : 67
Stoch (9,6) : 69
StochRsi (14 ) : 100

MACD ( 12 , 26 ) : 0.003

Posted by jjohnchew > 2024-09-23 19:53 | Report Abuse

Hoho on Jaks TA :

MACD : 0.002 -0.003 -0.004

Still below water level ….Fast line is divergent up cross Slow line on 18/9/2024 .


BB 20 2 : Mid 0.143 High 0.152 Low 0.134

MA10 close 0 0.140

MA200 close 0 0.163

>>> wait till MA10 divergent up cross BB 20 2 : Mid line .

—-

Posted by jjohnchew > 22 hours ago | Report Abuse

Hoho ssleee how is Jaks TA :

MA 5 : 0.147
MA10 : 0.145
MA100 : 0.141
MA200 : 0.147

RSI (14 ) : 67
Stoch (9,6) : 69
StochRsi (14 ) : 100

MACD ( 12 , 26 ) : 0.003

Posted by Sslee > 2024-09-24 09:01 | Report Abuse

Didn't once upon a time Mike-tikus said his TA told him jaks 18 th floor is the bottom floor and he chase it up to 24 th floor then suddenly jaks collapse to 12 th floor.

And LOL he did not average down his jaks at 12 but go and buy Priva.

Posted by jjohnchew > 2024-09-24 09:14 |

Post removed.Why?

Posted by jjohnchew > 2024-09-24 09:21 |

Post removed.Why?

Posted by jjohnchew > 2024-09-24 09:28 | Report Abuse

Hoho as said Jaks is potential to be turnaround became a Growth stock …

CAGR : 3Y 29.9% , TTM 28.4%

Posted by jjohnchew > 2024-09-24 12:56 | Report Abuse

Hoho interesting lo , the findings:

Jaks own 51 % on Evolve Mall , is acquired on 2013 with RM 93.2 million.

JAKS Resources Berhad entered into a conditional share sale and purchase agreement to acquire 51% stake in MNH Global Assets Management Sdn Bhd. from Island Circle Development (M) Sdn. Bhd. for MYR 93.2 million.
March 29, 2013 at 12:00 am EDT



——


Hoho interesting lo , if can monetise the property segment assets :

a.) Evolve Mall : loan balance RM 206.4 million… net book value as at December 2023 is RM 280 million.

b.) Pacific Towers : loan balance RM 70.6 million… net book value for Business Hub Tower only as at December 2023 is RM 232 million.

👉 Not only on anticipating Profit Gain on Monetisation these 2 properties asset , the Loans n Borrowings shl be reduced to Zero.

👉👉👉Loans n Borrowings as at June 2024 is RM 473.4 million….after monetise these 2 properties assets with Total Net Book Value RM 512 million … Jaks Shl be a Net Cash company.


Note : Pacific Star is an elite mixed development project located on 6.04 acres land at Section 13, Petaling Jaya with Gross Development Value of RM1.08 billion .

Posted by jjohnchew > 2024-09-24 15:46 | Report Abuse

Hoho this is more interesting le , Gotyou a Positive views commentator became Negative view , also posted Negative Views on
LSS4 Project ! Oredi completed n commissioning by TNB , anticipated to generate cash flow by 2024 onwards.

Same as Just88 from DK private group, a Negative views commentator became Positive views , referring below is Gotyou n Just88 posts :

>>>

KLSE I3 Investor
https://klse.i3investor.com › gotyou
JAKS RESOURCES - ANOTHER RIGHTS ISSUE ? | I3investor


14 Jun 2023 — · Solar LSS4 project accumulated cost as at 31st Dec 2022 was RM142 millions at 77% completion. 23% balance work will require addition



Please Explain !
VIETNAM BOT PPA SECRET REVEALED !

Gotyou

Publish date: Fri, 27 May 2022, 10:03 AM
Why is Jaks Hai Duong Power Plant (JHDP) under BOT contract in Vietnam guaranteed to make consistent profit over the concession period ?

The magic lies in the secret power purchase agreement (PPA) !


—-

Just88 :

Stock: [JAKS]: JAKS RESOURCES BERHAD
months ago | Report Abuse

xiaoeh, the syndicated loan is for the solar project of which the bankers must have assurances that the cash flows generated from the solar project are certain to be able to service its loan. Therefore, the syndicated loan should not be a concern to Jaks especially when we are trying to determine the severity of Jaks' near term future cash flow deficits.


Stock: [JAKS]: JAKS RESOURCES BERHAD
months ago | Report Abuse

Prior to the release of 2023 annual report, it was not known to me that there is a RM200m loan included in the total borrowings of RM500m. I was doing a cash flow projection of Jaks for the next 6 years before the JHDP loans are fully repaid. The future cash flow deficits are projected to be very severe and hence expectation of numerous PP and RI to deal with the cash deficits. If the syndicated loan is excluded from the cash flow projection, the severity of negative cash flow is substantially reduced.


👉Stock: [JAKS]: JAKS RESOURCES BERHAD
months ago | Report Abuse

Alibone, I gave my detailed analysis to DK for comment. He agreed that the negativity of the cash flow deficit is alleviated substantially when the RM200m syndicated loan is excluded. However, he is still concerned with the collectivity of the receivables given the significant write offs in the prior years. Nevertheless, he agrees that the risk reward is attractive now and he is considering subscribing for the private placements.

Posted by jjohnchew > 2024-09-24 16:12 | Report Abuse

Hoho at today volume = 4,022,600 , VWAP = 0.145 ….

Let’s see MA10 0.140 can be divergent up cross BB mid 0.143 by this week !!!

Posted by jjohnchew > 2024-09-24 19:09 | Report Abuse

Hoho MA10 0.141 BB mid 0.143

MACD 0.001 -0.003 -0.004

Posted by jjohnchew > 2024-09-25 08:52 | Report Abuse

Hoho Sslee always highlighted on Jaks impairments:

Some findings :

1.) Impairment Loss on receivable RM 32.9 Million..

2.) Impairment Loss on Goodwill ( non reversal) is RM 23.5 million.

👉QR ended December 2023 is Loss ( RM 24.8 Million)

>> In the quarter under review, the Property Investment division recognised lower
revenue contribution of RM3.1 million, from RM4.0 million achieved in the previous
year's corresponding quarter.

👉 This division reported a profit before tax of RM15.4
million, compared to a loss before tax of RM5.4 million in the fourth quarter of 2022
mainly due to 👉the reversal of provision made in previous years.


> QR ended March 2024 :

1.) Impairment Loss on receivable RM 2.0 million.

2.) Impairment Loss on Goodwill ( non reversal) is RM 0.0


> QR ended June 2024 :

1.) Impairment Loss on receivable RM 2.0 million.

2.) Impairment Loss on Goodwill ( non reversal) is RM 0.0



And QR ended December 2023 on Construction Division :


In the fourth quarter of 2023, the Construction division reported lower revenue of RM2.9 million, a reduction of 94% compared to the revenue of RM46.7 million in the same quarter of the previous year.

👉This decline was primarily attributed to the lower revenue recognition from the local construction works that are in their 👉final
stages of completion.

👉 With the lower revenue, this division incurred a higher loss
before tax RM63.3 million in this fourth quarter compared to RM40.5 million loss
before tax incurred in the corresponding quarter of the previous year.


My observations:

1.) Puchong laying piping contract is in final stage of completion.

2.) A highway construction project is in final stage of completion . ( same highway project as Zelan but different Parcel ) .

Posted by Sslee > 2024-09-25 09:01 | Report Abuse

Everyone know every year come Q4 big impairment losses of trade and other receivables.
Only Mike-tikus did not know and chase jaks from 0.18 to 0.24.

Posted by Sslee > 2024-09-25 09:10 | Report Abuse

By the way the next quarter will have more than 10% foreign exchange loss on JV asset.

Posted by jjohnchew > 2024-09-25 09:45 | Report Abuse

EPS DPS NTA Revenue P/L Quarter Q Date Financial Year Announced ROE QoQ% YoY% Report
31 Dec, 2024
0.3500 0.000 0.5900 13.1m 8.4m 2 2024-06-30 31 Dec, 2024 2024-08-28 0.6% 32.3% 55.9% View
0.5300 0.000 0.6300 14.2m 12.4m 1 2024-03-31 31 Dec, 2024 2024-05-29 0.8% 150.2% 11.6% View

31 Dec, 2023
-1.1100 0.000 0.6700 10.3m -24.8m 4 2023-12-31 31 Dec, 2023 2024-02-29 -1.7% 447.1% 737% View
0.3300 0.000 0.6800 10.0m 7.1m 3 2023-09-30 31 Dec, 2023 2023-11-28 0.5% 62.6% 64.9% View
0.9000 0.000 0.6600 3.3m 19.1m 2 2023-06-30 31 Dec, 2023 2023-08-29 1.4% 35.8% 25.2% View
0.6700 0.000 0.6800 14.2m 14.1m 1 2023-03-31 31 Dec, 2023 2023-05-29 1.0% 533.8% 33.4% View

31 Dec, 2022
-0.1600 0.000 0.6800 45.9m -3.2m 4 2022-12-31 31 Dec, 2022 2023-02-24 -0.2% 116% 88.7% View
1.0000 0.000 0.6800 16.4m 20.3m 3 2022-09-30 31 Dec, 2022 2022-11-25 1.5% 33.3% 36.1% View
0.7500 0.000 0.6700 9.7m 15.3m 2 2022-06-30 31 Dec, 2022 2022-08-25 1.1% 27.8% 47% View
1.0300 0.000 0.6700 17.8m 21.1m 1 2022-03-31 31 Dec, 2022 2022-05-31 1.5% 174% 7% View

31 Dec, 2021
-1.5000 0.000 0.6600 20.1m -28.5m 4 2021-12-31 31 Dec, 2021 2022-02-24 -2.3% 189.6% 73.4% View
1.7200 0.000 0.6700 30.6m 31.9m 3 2021-09-30 31 Dec, 2021 2021-11-30 2.6% 10.6% 19.1% View
1.6400 0.000 0.6800 41.6m 28.8m 2 2021-06-30 31 Dec, 2021 2021-09-07 2.4% 45.9% 1230.5% View
1.1300 0.000 0.6600 17.5m 19.7m 1 2021-03-31 31 Dec, 2021 2021-05-21 1.7% 119.1% 417.5% View

31 Dec, 2020
-13.1600 0.000 0.6500 46.0m -103.2m 4 2020-12-31 31 Dec, 2020 2021-03-29 -20.2% 485.8% 700.6% View
4.1100 0.000 1.5400 63.2m 26.7m 3 2020-09-30 31 Dec, 2020 2020-11-27 2.7% 1135.4% 7.1% View
0.3300 0.000 1.4900 75.0m 2.2m 2 2020-06-30 31 Dec, 2020 2020-08-26 0.2% 134.8% 94.2% View
-0.9600 0.000 1.4900 75.2m -6.2m 1 2020-03-31 31 Dec, 2020 2020-06-30 -0.6% 135% 121.7% View

31 Dec, 2019
2.8900 0.000 1.5200 238.9m 17.8m 4 2019-12-31 31 Dec, 2019 2020-02-27 1.9% 28.8% 242.6% View
4.1200 0.000 1.5100 216.0m 25.0m 3 2019-09-30 31 Dec, 2019 2019-11-25 2.7% 33.1% 999.2% View
6.3500 0.000 1.4700 315.4m 37.3m 2 2019-06-30 31 Dec, 2019 2019-08-21 4.3% 30.3% 192.8% View
5.0400 0.000 1.4800 297.8m 28.6m 1 2019-03-31 31 Dec, 2019 2019-05-09 3.4% 325.8% 60.4%