JAKS RESOURCES BERHAD

KLSE (MYR): JAKS (4723)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.12

Today's Change

0.00 (0.00%)

Day's Change

0.12 - 0.125

Trading Volume

1,293,100


41 people like this.

65,619 comment(s). Last comment by jjohnchew 3 hours ago

Sslee

7,455 posts

Posted by Sslee > 1 month ago | Report Abuse

Another typical Mike-tikus aka john-no ball slander or pluck figures from thin air and when challenge to prove his figures untill now still no ball to answer

👉👉👉 FY24 : Impairment of Total RM 151.2 million!😱🤔

Sslee

7,455 posts

Posted by Sslee > 1 month ago | Report Abuse

Mike-tikus aka john-no ball can you prove below figures about jaks tender book or this is another of your blantant lie or misinformation?


4.) Current tender book exceeds RM4.0
billion, covering water and sewerage systems, flood mitigation projects in multiple states….
👉 as well as EPC roles for our renewable energy projects. ( Note : if LSS5 2000 MW EPCC tender bid is with Low / Single Digit IRR … better do EPC on construction of the Solar Plant/ Farm like Solarvest in LSS4 , EPCC and EPC from those Winners not in the Renewable Energy industry

jjohnchew

4,406 posts

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho as usual KonLee used his Kon maths extraction raw data but did not read thru AGM minutes… his Kon maths extraction method is oredi 2 times Wrong …



Posted by Sslee > 2 minutes ago | Report Abuse

Mike-tikus aka john-no ball can you prove below figures about jaks tender book or this is another of your blantant lie or misinformation?


4.) Current tender book exceeds RM4.0
billion, covering water and sewerage systems, flood mitigation projects in multiple states….
👉 as well as EPC roles for our renewable energy projects. ( Note : if LSS5 2000 MW EPCC tender bid is with Low / Single Digit IRR … better do EPC on construction of the Solar Plant/ Farm like Solarvest in LSS4 , EPCC and EPC from those Winners not in the Renewable Energy industry

jjohnchew

4,406 posts

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho oh when KonLee started Promoting Jtiasa .. I asked him :

1.) What is Indonesia CPO export ban status?

2.) What is Indonesia biodiesel progress status ?

His reply is just want to make money !🤣🤣🤣🤔

Sslee

7,455 posts

Posted by Sslee > 1 month ago | Report Abuse

Aiyoyo Mike-tikus aka john-no ball cannot answer a simple question and had to turn to talk rubbish and slander instead.

MrFox

1,426 posts

Posted by MrFox > 1 month ago | Report Abuse

hoho...what happen to the balls?

jjohnchew

4,406 posts

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho why suddenly so childish like Serba Story Teller Buy what u Not Understand le …

What happened as u posted the banana tree cannot grow up oredi ..🤣🤔
—-

Posted by Sslee > 1 hour ago | Report Abuse

Aiyoyo Mike-tikus aka john-no ball cannot answer a simple question and had to turn to talk rubbish and slander instead.

jjohnchew

4,406 posts

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho ya lo what happened le to the Foxy ….🤣🤣🤣🤔



stockgal
fatfat | Joined since 2012-10-16

jjohnchew

4,406 posts

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho also what a Dumbasx jokker konLe le :

During my PA case study on 2021 .. KonLee asked why Labour expenses is increased during Production capacity expansion ? I had laughed at him ard 2 years, then he twisted to Capex ! What a TinKosong kongang leader !🤣🤣🤣

Sslee

7,455 posts

Posted by Sslee > 1 month ago | Report Abuse

Cave man talk about using labour to expand capacity LOL.
He never heard of increase capacity by automation and new mechinery.

As of what happen to his balls? You can challege him anything and he will back off

Posted by MrFox > Dec 27, 2024 10:26 AM | Report Abuse
hoho...what happen to the balls?

jjohnchew

4,406 posts

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho see Solarvest on LSS4 :

Solarvest bags RM154m worth of contracts under LSS4
10 Mar 2022,

KUALA LUMPUR (March 10): Clean energy specialist Solarvest Holdings Bhd has bagged three engineering, procurement, construction, and commissioning (EPCC) contracts worth a combined RM154.4 million to develop large-scale solar photovoltaic plants in Perak under the large-scale solar 4 (LSS4) scheme.

The three Perak-based projects will have an accumulated capacity of 40 megawatts (MW), said Solarvest.

In a bourse filing on Thursday (March 10), Solarvest said one of the projects was awarded by Teja 1 Sdn Bhd, with a capacity of 15MW and valued at RM54.4 million. It will be developed in Kampar and is expected to be commercially operational by Dec 14, 2022.

The second project, which will also be developed in Kampar, was awarded by Teja 2 Sdn Bhd, with a capacity of 10MW and valued at RM42.8 million, and is expected to be commercially operational by June 14, 2023.

The third project, awarded by Kellie Energy Sdn Bhd, will have a capacity of 15MW and is valued at RM57.2 million. It will be developed in Kinta and is expected to reach commercial operations by Dec 14.

All three projects were awarded by Taiping Solar Sdn Bhd via its special purpose vehicles — Teja 1, Teja 2 and Kellie Energy — to Solarvest’s wholly-owned subsidiary Atlantic Blue Sdn Bhd, the filing showed.

jjohnchew

4,406 posts

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho as usual a Kon is best in Pretending n Twisting shamelessly… just shown he is not understand Labour Expenses n Capex ! 🤣🤣🤣


Posted by jjohnchew > 19 minutes ago | Report Abuse

Hoho also what a Dumbasx jokker konLe le :

During my PA case study on 2021 .. KonLee asked why Labour expenses is increased during Production capacity expansion ? I had laughed at him ard 2 years, then he twisted to Capex ! What a TinKosong kongang leader !🤣🤣🤣

—-

Posted by Sslee > 11 minutes ago | Report Abuse

Cave man talk about using labour to expand capacity LOL.
He never heard of increase capacity by automation and new mechinery.

As of what happen to his balls? You can challege him anything and he will back off

Posted by MrFox > Dec 27, 2024 10:26 AM | Report Abuse
hoho...what happen to the balls?

Huangbk72

5,307 posts

Posted by Huangbk72 > 1 month ago | Report Abuse

Aiyoyo Miketikus. Fact check you and you fail again

Jaks has 4B tender order ? Figures plucked again from your hole? 🤣🤣

Current tender book exceeds RM4.0
billion, covering water and sewerage systems, flood mitigation projects in multiple states….
👉 as well as EPC roles for our renewable energy projects. ( Note : if LSS5 2000 MW EPCC tender bid is with Low / Single Digit IRR … better do EPC on construction of the Solar Plant/ Farm like Solarvest in LSS4 , EPCC and EPC from those Winners not in the Renewable Energy industry

musangfoxking

3,685 posts

Posted by musangfoxking > 1 month ago | Report Abuse

hoho...jjohnchewing jaks until no balls!!1 meaning he cant wwss????

jjohnchew

4,406 posts

Posted by jjohnchew > 1 month ago | Report Abuse

Posted by jjohnchew > 6 hours ago | Report Abuse

Hoho as usual KonLee used his Kon maths extraction raw data but did not read thru AGM minutes… his Kon maths extraction method is oredi 2 times Wrong …

Sslee

7,455 posts

Posted by Sslee > 1 month ago | Report Abuse

Hoho Haha as usual when ask to prove his figures and facts Mike-tikus aka john-no ball will just shy away or twists and turns with more slanders and misinformations

Jaks
4.) Current tender book exceeds RM4.0
billion, covering water and sewerage systems, flood mitigation projects in multiple states….

Jayatiasa
👉👉👉 FY24 : Impairment of Total RM 151.2 million!😱🤔

Sslee

7,455 posts

Posted by Sslee > 1 month ago | Report Abuse

By Q4 out jaks price will break the 52 weeks low of 0.12

jjohnchew

4,406 posts

Posted by jjohnchew > 1 month ago | Report Abuse

Posted by jjohnchew > 2 hours ago | Report Abuse

Posted by jjohnchew > 6 hours ago | Report Abuse

Hoho as usual KonLee used his Kon maths extraction raw data but did not read thru AGM minutes… his Kon maths extraction method is oredi 2 times Wrong …

—-
Posted by Sslee > 1 hour ago | Report Abuse

Hoho Haha as usual when ask to prove his figures and facts Mike-tikus aka john-no ball will just shy away or twists and turns with more slanders and misinformations

Jaks
4.) Current tender book exceeds RM4.0
billion, covering water and sewerage systems, flood mitigation projects in multiple states….

Jayatiasa
👉👉👉 FY24 : Impairment of Total RM 151.2 million!😱🤔I

jjohnchew

4,406 posts

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho interesting lo , what is the ROI of the Vietnam JV Power Plant 1200 MW which is COD on January 2021 with BOT 25 years contract:

1.) Started Construction on October 2016 with 30 % share , cost is RM 600 million ( Cash RM 200 million , another RM 400 million from the Power Plant EPC2 construction contract Profit , So actual Cost is RM 200 million ) .

2.) Total Profit ( Share of Profit n Dividend + EPC2 Profit ) as at September 2024 = RM 633.3 m + RM 400 = RM 1033.3 million

👉 ROI = 1033.3 / 200 = 516 %

👉👉ROI from October 2016 to September 2024 , ie 8 years with 516 %

👉👉👉 ROI for BOT 25 years contract until 2046 shl be ???? % …👍👍👍🤔

Huangbk72

5,307 posts

Posted by Huangbk72 > 1 month ago | Report Abuse

LOL. Is this Miketikus so desperate to jump ship?

This is your way of ROI? 🤣

Jaks ROI 5 years to date not even 0.5%

My my, u really shameless

Sslee

7,455 posts

Posted by Sslee > 1 month ago | Report Abuse

If you invested in jaks 5 years ago your ROI will be a very big negative.

Someone invested in jaks more than a year and half ago also lose his pants.

MrFox

1,426 posts

Posted by MrFox > 1 month ago | Report Abuse

Hoho..Jjchewing jaks , lost balls and pant

Posted by JediMaster1 > 1 month ago | Report Abuse

That why Jedimaster rated Jaks is most trash stock in our market 😆

jjohnchew

4,406 posts

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho very interesting lo Yinson compared to Jaks :


Hoho Yinson working Capital is only Last for 7 months … need to Refinancing ke like sold FPSO Anna Nery 11.8 % equity :

Refinancing on October 2024 sold 11.8 % equity of FPSO Anna Nery … ownership is reduced from 75 % to 63.2 % !😱

22/10/2024 : K Line own 11.8 % with USD 49 million.

>>>

Yinson :

Price : RM 2.61
NTA : RM 1.77

EPS 27.58 sen
Trailing PE (Sector Median: 9.7) 9.5
Current Ratio 0.64
Debt-Equity (DE) Ratio 2.27
FCF Yield -10.58 %
Revenue QoQ -13.49 %
Revenue YoY -34.13%
Profit QoQ -1.48 %
Profit YoY -19.35 %


Jaks :

Price : RM 0.13
NTA : RM 0.60

EPS 0.71 sen
Trailing PE (Sector Median: 21.5) 18.2
Current Ratio 1.04
Debt-Equity (DE) Ratio 0.64
FCF Yield 0.81 %
Revenue QoQ 7.74 %
Revenue YoY 41.26%
Profit QoQ 167.57 %
Profit YoY 215.31 %

jjohnchew

4,406 posts

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho copied n pasted from Yinson:

Posted by jjohnchew > 3 minutes ago | Report Abuse

Hoho KonLee yr TinKosongkonPetHuangbk repeatly said my Gearing Ratio calculation is Wrong .. but she cannot provide facts n figures le as usual le TinKosong …. ask her to refer Yinson Group CFO in his Financial Review le .. u r the TinKosongLeader le …🤣🤣🤣🤔

jjohnchew

4,406 posts

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho KonLee still Twisting ke … ROI of Vietnam Power Plant twisting to investors ROI in Jaks 5 years ago ….

Hoho need to repost again as earlier had replied to KonLee as most active Negative commentator in Jaks :

Jaks : catched the Bottom Fishing at RM 0.185 on April 2023 ( 👉 after Sslleee posted sold Jaks on April 2023 since 2021 ) ... Up to RM 0.225 in 2 months .. then invested at RM 0.19 on July 2023 .. Gap Up on 1/9/2023 to RM 0.245 …

👉Then Price is downtrend to the Lowest RM 0.12 ( Current Price RM 0.13 with NTA 0.60 )….

Ssleee asked me did I average down Jaks :

My reply :

1.) No .. but bought Privasia with cost below RM 0.10 .. n tried my learned TA on Cup n Handle affirmed with Information of a Gov Project , also Privasia rushing to List the 3 tranche PP … it did broke up to RM 0.14 …ssleee is active in Privasia forum also .

2.) posted earlier that wait for Jaks QR ended March 2024 to be released, as Vietnam has taken actions on 2 well known Businessmen ( One man n One Lady ) on Corruption… not from Power industry!

Just coincidentally :
Toyo Ventures Vietnam power project terminated >>> is due to Financing issue ( 2 x 1,060 MW) .
Friday, 05 Jul 20



Posted by Sslee > 16 hours ago | Report Abuse

If you invested in jaks 5 years ago your ROI will be a very big negative.

Someone invested in jaks more than a year and half ago also lose his pants.

jjohnchew

4,406 posts

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho no wander KonLee show off his birthday gift from the daughter le .. the red expensive 🐊 pantties wow …


—-

Posted by Sslee > 16 hours ago | Report Abuse

If you invested in jaks 5 years ago your ROI will be a very big negative.

Someone invested in jaks more than a year and half ago also lose his pants.

Huangbk72

5,307 posts

Posted by Huangbk72 > 1 month ago | Report Abuse

LOL.. fact checked so many times, yet Miketikus keep getting it wrong

Problem is.. he doesnt even know he is wrong 🤣🤣🤣🤣

Aiyo Miketikus.. Calculator broken again? Just a simple fact check.. u wrong again. 🤣🤣

U posted
Total Debt - 31.33 B
Total Equity - 18.97 B

How you get DE - 2.2 😂😂😂😂😂

Posted by Mikecyc > 36 minutes ago | Report Abuse

👉👉 As YTLpower :

Debt-Equity (DE) Ratio 2.2
FCF Yield 1.71 %
Revenue QoQ -3.98 %
Revenue YoY -3.69%
Profit QoQ -17.33 %
Profit YoY 34.46 %

Gearing Ratio : 1.19X


Borrowings = 29.38 Billion + 1.95 Billion = 31.33 Billion

Cash n bank balances = 8.76 Billion

Total Equity = 18.97 Billion

👉👉No wander FCF Yield is only 1.71% … paid Borrowings n Interest…


Posted by jjohnchew > 14 minutes ago | Report Abuse

Hoho copied n pasted from Yinson:

Posted by jjohnchew > 3 minutes ago | Report Abuse

Hoho KonLee yr TinKosongkonPetHuangbk repeatly said my Gearing Ratio calculation is Wrong .. but she cannot provide facts n figures le as usual le TinKosong …. ask her to refer Yinson Group CFO in his Financial Review le .. u r the TinKosongLeader le …🤣🤣🤣🤔

musangfoxking

3,685 posts

Posted by musangfoxking > 1 month ago | Report Abuse

jjohnchewing jaks until no balls! better see a sinseh

jjohnchew

4,406 posts

Posted by jjohnchew > 1 month ago | Report Abuse

Jaks ROI on LSS4 50MW project :

Hoho interesting lo .. let’s see what is the ROI of LSS4 50MW project in Penang , which is COD on August 2023 with 25 years TNB PPA ( increased from 21 years ) , ie until 2048.


A.) Cost is RM 200 million…


B.) Return:

1.) QR ended September 2023 :

Revenue : 3.3 Million , Loss ( RM 1.4 Million)

2.) QR ended March 2024 :

👉Revenue: 5.3 Million , Profit RM 0.96 Million … 18%


3.) QR ended June 2024 :

Revenue : 4.8 million, Profit RM 0.4 million.. 8.33 %


4.) QR ended September 2024 :

👉 Revenue : 4.7 million, Profit RM 0.3 million.. 6.38 %


👉👉 illustration on TTM :

Revenue = RM 18.1 million
Profit = RM 0.26 million

Assumption : QR ended September 2023 :

Instead of Loss ( RM 1.4 Million) , assumed is Zero Loss n Profit:

> Revenue = RM 18.1 million
Profit = RM 1.66 million ( 9.17 % )

( Note : shd be Net Profit after interest, taxes, and DA .


👉 ROI on LSS4 50MW for 1 year = 0.83 %
( Note : Jaks is the 100 % Asset owner included freehold Land … Loans is RM 220 million) .

Case study: JAKS Solar Nibong Tebal’s multilateral financing facility

By
Marlena Kareem
January 31, 2023

JAKS Solar Nibong Tebal (JAKS Solar), a wholly-owned subsidiary of JAKS Resources, obtained a RM112.5 million (US$26.5 million) financing facility from AmBank Islamic in March 2022 as part of a multilateral financing facility worth RM220 million (US$51.82 million).


👉👉 No wander Analyst said since LSS1 to LSS3 , LSS4 tender rate is the most competitive n getting Lower … the IRR is expected to be Low Single Digit.

👉👉👉 Jaks still need LSS4 50MW project as it shl provide recurring “ Revenue “ n minor Profit over 25 years .

LSS5 2000 MW EPCC RM 7.2 billion….Tender is even more competitive.. bid rate is even Lower than LSS4 …better opt for EPC construction contract from the Winners as What Solarvest did in LSS4 .

The LSS5 2000 MW shortlisted companies did not included Jaks , Solarvest, Gading Kencana and Sunview .

jjohnchew

4,406 posts

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho as said Gameplay’s in Solar RE industry is different liaw …better do EPC construction contract liaw …


👉 TNB among LSS5 winners, bags 500MW solar farm project in Kedah
By theedge
26 Dec 2024, 06:27 pm


Aside from the highly sought after LSS awards, the government last year also announced efforts to support the development of solar parks in the country under the National Energy Transition Roadmap (NETR).

This is led by TNB, via five 100MW solar parks in different locations in the country, and another 1GW under Khazanah Nasional Bhd through UEM Group.

musangfoxking

3,685 posts

Posted by musangfoxking > 1 month ago | Report Abuse

hoho....jjohnchewing jaks 0.32, now crying papa mama

Huangbk72

5,307 posts

Posted by Huangbk72 > 1 month ago | Report Abuse

Repost from Yinson since Miketikus still thinks he is right 🤣🤣🤣

Stock: [YINSON]: YINSON HOLDINGS BHD

1 minute ago | Report Abuse

LOL... Aiyoyo Miketikus still cannot see 🤣🤣🤣

Since its holiday season, i give free lesson. Bad if Miketikus posts such gibberish and continue shaming himself

In summary : Miketikus copied multiple sites and congest in 1 post. Unfortunately, 2 critical mistakes

1) DE is Gearing. He posted 2 different DE and Gearing ratios in 1 post 😂

2) DE also he calculate wrongly. He gave his own figures :

DE = 2.2 from below:
Borrowings = 29.38 Billion + 1.95 Billion = 31.33 Billion
Cash n bank balances = 8.76 Billion
Total Equity = 18.97 Billion

Such elementary mistakes also can commit 🤣🤣🤣🤣🤣

Sslee

7,455 posts

Posted by Sslee > 1 month ago | Report Abuse

👉 ROI on LSS4 50MW for 1 year = 0.83 %
( Note : Jaks is the 100 % Asset owner included freehold Land … Loans is RM 220 million) .

From above what is the payback period?

jjohnchew

4,406 posts

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho repost from Yinson:


Posted by jjohnchew > 2 minutes ago | Report Abuse

Hoho TinKosongLee pls educate ur TinKosongKonPetHuangbk le …

Now twisting on this 1.65 which is from Ssleee post ….🤣🤣🤣🤣🤣🤣🤣

Posted by Huangbk72 > 11 minutes ago | Report Abuse

LOL.. this Miketikus still don’t get it.

U posted 3 gearing ratio in ONE post!!! 🤣🤣

1) 2.2
2) 1.19
3) 1.65

How is this possible unless someone is financially illiterate 🤣

Add a big dose of dumdumness 😂
—-
Aiyo Miketikus.. Calculator broken again? Just a simple fact check.. u wrong again. 🤣🤣

U posted
Total Debt - 31.33 B
Total Equity - 18.97 B

How you get DE - 2.2 😂😂😂😂😂

Posted by Mikecyc > 36 minutes ago | Report Abuse

👉👉 As YTLpower :

Debt-Equity (DE) Ratio 2.2
FCF Yield 1.71 %
Revenue QoQ -3.98 %
Revenue YoY -3.69%
Profit QoQ -17.33 %
Profit YoY 34.46 %

Gearing Ratio : 1.19X


Borrowings = 29.38 Billion + 1.95 Billion = 31.33 Billion

Cash n bank balances = 8.76 Billion

Total Equity = 18.97 Billion

👉👉No wander FCF Yield is only 1.71% … paid Borrowings n Interest…

Huangbk72

5,307 posts

Posted by Huangbk72 > 1 month ago | Report Abuse

LOL Miketikus

SSLee also used your data to calculate gearing which is 1.65

So you posted a total of 3 gearing ratio in 1 post

1) 2.2
2) 1.19
3) 1.65

Impossible right ? 🤣🤣🤣

jjohnchew

4,406 posts

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho analyst only said LSS4 tender rate is very competitive… IRR is expected in Low Single Digit … if is 5% … then payback period is 20 years .

No wander Jaks , Solarvest , Gading Kencana and Sunview are Not in LSS5 shortlisted list .

These 4 companies are awarded CGPP Solar RE ard August 2023 which can sell RE electricity to other Corporate companies as offtaker ( Not only Sell to TNB ) and cross border….


—-


Posted by Sslee > 4 hours ago | Report Abuse

👉 ROI on LSS4 50MW for 1 year = 0.83 %
( Note : Jaks is the 100 % Asset owner included freehold Land … Loans is RM 220 million) .

From above what is the payback period?

jjohnchew

4,406 posts

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho earlier LSS4 winners are with TNB PPA for 21 years … due to pandemic effects n many winners ( not in RE industry) requested to Delay the dateline … Completion Dateline is extended to December 2023 … and PPA is extended from 21 years to 25 years …

jjohnchew

4,406 posts

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho just search below if LSS4 winners with IRR 8 % … ie payback period is between 12 to 13 years ..





Kenanga: Significant EPCC Contracts for CGPP and LSS5 Soon


edgeinvest
Publish date: Wed, 02 Oct 2024, 09:57 AM
KUALA LUMPUR (Oct 1): Kenanga Research expects more engineering, procurement, construction and commissioning (EPCC) contracts for renewable energy to be awarded as early as this month with a completion deadline by the end of 2025.
In a note on Monday, the house observed a significant increase in order books mainly driven by EPCC jobs under the Corporate Green Power Programme (CGPP).

Based on the timeline, Kenanga believes that investors should focus on the 800MW Corporate Green Power Programme (CGPP) in 4Q2024, valued at RM2.4 billion, while the RM5 billion LSS5 EPCC contract awards are expected in 1Q2025.

These initiatives are expected to sustain sector growth throughout 2028, it added.
"Based on our estimates, the 800MWp capacity under the CGPP will translate to RM2.4 billion solar EPCC jobs.

"Thereafter, the Energy Commission will embark on the 2GW LSS5, the largest LSS programme thus far, in four packages," said Kenanga.

The house noted that under LSS5, developers could bid up to 500MW (versus only 50MW previously) with operations scheduled to commence in 2026.

"We expect bidders to submit rates that are comparable to LSS4 (that is at a project internal rate of return (IRR) of 8%). We estimate that there will be at least RM5 billion worth of PV system EPCC jobs coming from the LSS5," it said.
Kenanga maintained its overweight stance on the renewable energy sector, supported by the robust execution of initiatives and the increasing quota allocation, particularly in solar.

jjohnchew

4,406 posts

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho that’s why is better do EPC construction contract job …

musangfoxking

3,685 posts

Posted by musangfoxking > 1 month ago | Report Abuse

Hoho that’s why jjchewing jaks at 0.32, now 0.13!!!

jjohnchew

4,406 posts

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho repost from Yinson :


Posted by jjohnchew > 2 minutes ago | Report Abuse

Hoho TinKosongTeamLeader Ssleeee DE clues oredi given … Gearing Ratio figures also given … r u as Dumbasxxx as ur KonPetHuangbk??? 🤣🤣🤣🤣🤫

—-


Posted by jjohnchew > 2 hours ago | Report Abuse

Hoho TinKosongLee pls educate ur TinKosongKonPetHuangbk le …

Now twisting on this 1.65 which is from Ssleee post ….🤣🤣🤣🤣🤣🤣🤣

Posted by Huangbk72 > 11 minutes ago | Report Abuse

LOL.. this Miketikus still don’t get it.

U posted 3 gearing ratio in ONE post!!! 🤣🤣

1) 2.2
2) 1.19
3) 1.65

How is this possible unless someone is financially illiterate 🤣

Add a big dose of dumdumness 😂
—-
Aiyo Miketikus.. Calculator broken again? Just a simple fact check.. u wrong again. 🤣🤣

U posted
Total Debt - 31.33 B
Total Equity - 18.97 B

How you get DE - 2.2 😂😂😂😂😂

Posted by Mikecyc > 36 minutes ago | Report Abuse

👉👉 As YTLpower :

Debt-Equity (DE) Ratio 2.2
FCF Yield 1.71 %
Revenue QoQ -3.98 %
Revenue YoY -3.69%
Profit QoQ -17.33 %
Profit YoY 34.46 %

Gearing Ratio : 1.19X


Borrowings = 29.38 Billion + 1.95 Billion = 31.33 Billion

Cash n bank balances = 8.76 Billion

Total Equity = 18.97 Billion

👉👉No wander FCF Yield is only 1.71% … paid Borrowings n Interest…

jjohnchew

4,406 posts

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho see Jaks CEO (Major shareholder) business acumen n determination:

1.) successfully steered Jaks diversified into Power Plant generation industry ( since 2011 with Vietnam agreement, only started construction of the JV Power Plant 1200 MW EPCC RM 8.7 billion on October 2016 … is COD on January 2021 , with recurring Income for 25 years until 2046 .


2.) successfully steered Jaks diversified into Solar RE industry:

a.) LSS4 50 MW in Penang is COD on August 2023 with recurring Revenue n Income for 25 years until 2048 .

Cost RM 200 million: financed by syndicated Loans RM 220 million ( Jaks as asset owner included the Freehold land ).

👉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).

👉👉 LSS4 50 MW project investment capital is All finance by syndicated Loans .

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 ,syndicated Loans RM 220 million is approved on March 2022 .

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

👉👉👉 Jaks sold Penang 13 plots Free Hold Lands on 9/9/2024 , monetise the Lands with RM 77.74 million ( a net pro forma gain of RM50.38 million ) .


3.) awarded CGPP 30MW Solar RE project on August 2023 ( Consortium: Jaks 51 % , Ann Joo Green Energy Sdn. Bhd. and Fabulous Sunview Sdn. Bhd. ) …COD is expected by end 2025 .

CGPP winners can choose their end customers/ offtaker.. not only sell to TNB n cross border .

JAKS Group has
a 51% stake in the Consortium. At
present, the Consortium is
undergoing the approval process to
participate in Single Buyer’s New
Enhanced Dispatch Arrangement
(“NEDA”) programme.

The construction works for this project is
expected to commence by end 2024
and scheduled for commercial
operation by end 2025. (Page 15 of
AR2023)


👉4.) Our current tender book exceeds RM4.0 billion, covering water and sewerage systems, flood mitigation projects in multiple states as well
👉as EPC roles for our renewable energy projects.👍

We believe these projects will fill the pipeline and provide financial stability in the future.

Sslee

7,455 posts

Posted by Sslee > 1 month ago | Report Abuse

Aiyoyo,
Jaks with cash cow JHDP but still every year asking free money from investors and shareholders via PP and RI for working capital and loan repayment.

ALP sleeping on the job but still reward himself with million of LTIP free shares grant.

For sure ALP has business acumen in how to enrich himself at the expense of shareholders.

Know how much is the order book of jaks?
You can search Bursa jaks annoucements for any tender won for the last two years.

Sslee

7,455 posts

Posted by Sslee > 1 month ago | Report Abuse

Should shareholders hold ALP responsible, accountable and answerable for total receivables impairment for the last 5 years amounted to RM 167 million and reversal of impairment amounted to RM13.6 million make up total net impairment of RM 153.5 million?

jjohnchew

4,406 posts

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho copied from Jtiasa :


Posted by jjohnchew > 1 hour ago | Report Abuse

Hoho this is interesting lo .. Total Assets is keep reducing although with Profit yearly …

Worrying is on FY24 : Impairment of Total RM 151.2 million!😱🤔


1.) Total Assets is reduced:

2019 : RM 2406 million

2023 : RM 1955 million ( - 451 million )

2024 : RM 1979 million ( + 24 million )

👉👉Is reduced by RM 427 million from 2019 to 2024 , ie : over 5 years .


2.) FY24 : Impairment of Total RM 151.2 million!😱🤔

👉👉👉QR September 2024 : RM 1969.6 million


3.) >>> New CEO is appointed on July 2021 internally from RH group !

Prior to his appointment as CEO, Dato’ Jin was the Chief Operations Officer of
Rimbunan Hijau Group based in Sibu Headquarter since 2019. 👉 He became the Chief Executive Officer of Rimbunan Sawit Berhad from July 2015 until the end of 2018.

Direct % : 0.013 as on 22/9/2024

FY24 : Impairment of Total RM 151.2 million!😱🤔


👉👉👉Posted by Sslee > 1 day ago | Report Abuse 

Aiyoyo someone still do not understand total receivables impairment for the last 5 years amounted to RM 167 million and reversal of impairment amounted to RM13.6 million make up total net impairment of RM 153.5 million is a clear sign of fraud, malpractice, impropriety and misconduct of insiders syphoning money to their related parties or own pocket.

jjohnchew

4,406 posts

Posted by jjohnchew > 1 month ago | Report Abuse

B) The impairment loss on trade receivables and other receivables recorded were mainly attributed
to the Construction Division, primarily due to local construction projects, including the Pacific Star PJ project.

>>>
6 years Legal Battle against Star on RM 1.1 billion Pacific Star Towers project is settled out of court on November 2024 .

FY2023 Annual Report:

> Trade Receivables

Third Parties RM 147.6 million

Retention Sum RM 134.4 million

>> the Retention Sum is for the RM 1.1 billion Pacific Star Towers Project .

Sslee

7,455 posts

Posted by Sslee > 1 month ago | Report Abuse

If GUH can take legal action to recover payment from jaks then just wonder why Jaks BOD never take any legal action to recover the receivables?


KUALA LUMPUR (July 3): GUH Holdings Bhd said its subsidiary has reached an out-of-court settlement with a unit of JAKS Resources Bhd and a construction firm over its payment claim for work undertaken as a sub-contractor.

Teknoserv had carried out the sub-contract work from July 2014 until December 2017 and during the extended contract period till August 2021, before bringing the sub-contract agreement to an end in July 2021 over alleged breaches.

In July 2022, Teknoserv served its payment claim for RM22.64 million and thereafter referred the dispute for adjudication against JAKS-KACC JV pursuant to the Construction Industry Payment & Adjudication Act 2012. Teknoserv was awarded an adjudication sum of RM11.49 million plus interests, costs and the adjudicator’s fees.

JAKS Resources subsequently filed an application to stay and set aside the adjudication decision.

In a filing on Monday (July 3), GUH said Teknoserv and JAKS-KACC JV have now agreed to settle amicably, all claims and disputes.

Under the settlement, JAKS-KACC JV is to pay Teknoserv RM9.07 million via seven instalments by Dec 31, 2023.

GUH said it agreed to the out-of-court settlement, as continuing the legal dispute is costly and time-consuming.

“The board made a commercial decision to accept the settlement, as it would enable the company and/or Teknoserv to focus its time and attention on its business operations,” it added.

Sslee

7,455 posts

Posted by Sslee > 1 month ago | Report Abuse

Do you need to be concerned how much of RM89,461,350 trade receivables past due will be impaired come Q4 ended 31/12/2024?

As at 31 December 2023, trade receivables of the Group and of the Company RM89,461,350 and Nil (2022: RM87,320,551 and Nil) were past due but not impaired. These relate to a number of independent customers for whom there is no recent history of default.

The trade receivables of the Group and of the Company that are individually assessed to be impaired amounting to RM53,743,811 and RM8,772,286 (2022: RM24,226,559 and RM8,772,286) respectively, related to customers that are in financial difficulties and have defaulted on payments.

jjohnchew

4,406 posts

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho FY2023 Annual Report oredi stated :

As at 31 December 2023, trade receivables of the Group and of the Company RM89,461,350 and Nil (2022: RM87,320,551 and Nil) were past due but not impaired. These relate to a number of independent customers for whom there is no recent history of default.


Posted by Sslee > 3 hours ago | Report Abuse

Do you need to be concerned how much of RM89,461,350 trade receivables past due will be impaired come Q4 ended 31/12/2024?

👉 As at 31 December 2023, trade receivables of the Group and of the Company RM89,461,350 and Nil (2022: RM87,320,551 and Nil) were past due but not impaired. These relate to a number of independent customers for whom there is no recent history of default.

Post a Comment
Market Buzz