JAKS RESOURCES BERHAD

KLSE (MYR): JAKS (4723)

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Last Price

0.135

Today's Change

-0.005 (3.57%)

Day's Change

0.13 - 0.14

Trading Volume

17,520,200


41 people like this.

64,793 comment(s). Last comment by jjohnchew 5 days ago

DK66

4,269 posts

Posted by DK66 > 2020-04-12 17:56 | Report Abuse

stockwin and johnmasino, you are welcome.

bankrupt

81 posts

Posted by bankrupt > 2020-04-12 17:59 | Report Abuse

RI coming so insiders dare not buy?

Posted by jonathanlum > 2020-04-12 18:01 | Report Abuse

DK66, perfect write up...

johnmasino

771 posts

Posted by johnmasino > 2020-04-12 18:10 | Report Abuse

DK66:- Checkout this link. The bear market is officially dead! The bulls are back!

The Bull Market in Stocks is Back! By Adam Khoo
https://www.youtube.com/watch?v=Q73WH09Uc9E

johnmasino

771 posts

Posted by johnmasino > 2020-04-12 18:13 | Report Abuse

DK66:- When the DJIA soared on the day it was announced that millions of Americans lost their jobs and the number of unemployment claims had risen to a record high, I already knew that the bear market was almost over and the bull market is just around the corner..

johnmasino

771 posts

Posted by johnmasino > 2020-04-12 18:17 | Report Abuse

DK66:- Adam backs up his beliefs and his claims with reliable, accurate historical data. It's very enlightening to watch his video!

johnmasino

771 posts

Posted by johnmasino > 2020-04-12 18:24 | Report Abuse

DK66:- One of the telltale signs that the bear market has ended is when the market rallies on extremely bad news. When the DJIA soared on the day it was announced that millions of Americans lost their jobs and the number of unemployment claims had risen to a record high, I already knew that the bear market was almost over and the bull market is just around the corner..

DK66

4,269 posts

Posted by DK66 > 2020-04-12 20:50 | Report Abuse

johnmasino, thanks for the video
---------------------------
johnmasino DK66:- Checkout this link. The bear market is officially dead! The bulls are back!

The Bull Market in Stocks is Back! By Adam Khoo
https://www.youtube.com/watch?v=Q73WH09Uc9E
12/04/2020 6:10 PM

huahtai98

770 posts

Posted by huahtai98 > 2020-04-12 20:59 | Report Abuse

Says may still go the other way....care!
Hope not.

Posted by SarifahSelinder > 2020-04-13 08:14 | Report Abuse

Post MCO Sarifah kan bikin shopping kat friendly neighbourhood shopping mall yg ngam ngam yg not so crowded

Mcm Evolve Mall

No more crowded Mid Valley or Sunway Pyramid Mall for long long time

Closeby neighbourhood mall Evolve Mall kan benefit

cheated

976 posts

Posted by cheated > 2020-04-13 09:38 | Report Abuse

Why down if all good news?

cheated

976 posts

Posted by cheated > 2020-04-13 09:40 | Report Abuse

What if MCO extend further until after Raya? No income how abt bills that Jaks must pay eg wages, interest, electric, water, etc?

apolloang

18,163 posts

Posted by apolloang > 2020-04-13 09:41 | Report Abuse

if no extend later semua balik kampung,more infected more worst

KSLI

630 posts

Posted by KSLI > 2020-04-13 09:53 | Report Abuse

JAKS moving ! GO! GO! Go!!!

Posted by Investing_Bursa > 2020-04-13 10:06 | Report Abuse

Lets move back up to RM1 ya!

leafwinner

1,134 posts

Posted by leafwinner > 2020-04-13 10:18 | Report Abuse

Investors buy Jaks because of it Vietnam Power Plant. No it local business. Just ignore the local business la. Why so difficult to understand?

KLou88

132 posts

Posted by KLou88 > 2020-04-13 11:03 | Report Abuse

I believe the bear is over. Market oversold.

Posted by Investing_Bursa > 2020-04-13 11:04 | Report Abuse

Slowly but surely ! Lets rock

foo

168 posts

Posted by foo > 2020-04-13 15:16 | Report Abuse

Which companies on Bursa have high cash and low debt
KUALA LUMPUR: The second extension of the movement control order to contain the Covid-19 outbreak — now totalling six weeks until April 28 — means that economic activities will remain subdued for at least another 14 days.
The pandemic, which has infected nearly two million and killed over 100,000 worldwide, presents the worst start possible for the recession expected ahead. As the infection curve has yet to near its peak, it is anyone’s guess on the depth of the economic downturn.
Against this backdrop, survival is the prominent concern now. Investors’ attention is drawn to companies’ balance sheets instead of growth prospects, which is widely expected to be minimal in the best-case scenario, as business volume dwindles and operating cash flow shrink.
Asia Analytica data shows that of some 880 listed companies (after excluding the 40 banks, insurers and investment trusts), 597 companies listed on Bursa Malaysia have cash that is less than their short-term liabilities.
Companies in many different sectors are underlined here, from furniture companies to retailers, automotive-related firms, and a wide range of manufacturers and trading companies.
Meanwhile, 223 listed companies have an interest cover ratio of below one times, meaning their earnings before interests and tax cannot cover interest expenses for a full year. The market capitalisation of most of these companies are below RM2 billion.
Some 321 companies were already in the red last year. Of the 599 profitable ones, around 45.6% of them saw profit decline in the period. Again, most on the list are small-cap firms, according to Asia Analytica data.
It is also worth noting that the economic downturn would be a tough test on companies’ sales quality. Companies with a high portion of credit sale with mounting receivables could be at risk amid the potential cash trap.
A random check shows that 75 listed companies or 8.2% have net gearing of over 100%. Sectors with the most companies in this category are logistics, construction, oil and gas, building materials and property development.
Others with net gearing of above 80% include power companies, telecommunications companies and building materials companies. Power producers’ liabilities are usually backed up by the steady cash flow from power purchase agreements.
On the flip side, notable sectors with low net gearing average include Internet and gas utility companies, and technology solution providers.
Of 79 generic companies with market capitalisation of above RM2 billion (ex-banks, real-estate investment trusts and insurers) only 22 have a cash ratio of above one times and net gearing of below 50%, led by Petronas Chemicals Group Bhd, Petronas Gas Bhd and IOI Corp Bhd.
As reflected by the price-to-book valuations, preference is given for companies with high cash, low debt, steady recurring income and high-quality clients, such as tech companies, and broadband providers.
There are also lesser-known small-cap companies that are cash-rich with sturdy past operations.
As a fund manager pointed out that a downturn is a brewing pot for merger and acquisition activities, as smaller, cash-rich companies with good assets or business prospects usually become undervalued after the market selldown.
The first quarter’s (1Q20) financial result will show how much cash was exhausted amid the two-week shutdown in the second half of March, while prospects of the entire half of 2Q20 being under movement restriction are still visible.

kanzaki123

302 posts

Posted by kanzaki123 > 2020-04-13 15:51 | Report Abuse

close lower than previous. run

hng33

20,327 posts

Posted by hng33 > 2020-04-13 16:54 | Report Abuse

leverage up, add more jaks at 93.5sen

Rf888

551 posts

Posted by Rf888 > 2020-04-13 16:59 | Report Abuse

Now covid you all still brave buy jaks? Good

Saw PW

81 posts

Posted by Saw PW > 2020-04-13 17:03 | Report Abuse

Yes,true.Koon's English is so much beter.By the way,Jaks price action is still bearish.

Saw PW

81 posts

Posted by Saw PW > 2020-04-13 17:11 | Report Abuse

Kyy is a tycoon.I don't think he had sold Dayang at such low price at 1.30. Surely he has many advisers and technical chartists to advise him.

YONG

282 posts

Posted by YONG > 2020-04-13 17:14 | Report Abuse

Unbelievable Jaks closed at 0.935 today.
Last week, I thought I will buy it at 1.15 and above this week.
LOL, fresh money just in, tomorrow can buy from 0.92 to 0.98.
Thank those who sold Jaks these few days.

2721

2,003 posts

Posted by 2721 > 2020-04-13 17:45 | Report Abuse

omg, drop below support 0.95

YONG

282 posts

Posted by YONG > 2020-04-13 17:59 | Report Abuse

The 8th International Power Generation Transmission & Distribution Technology Exhibition
https://drive.google.com/file/d/1B7pxvkjq0RhG6gU37s6BrqNCdek9ZWIN/view

bfg9000

410 posts

Posted by bfg9000 > 2020-04-13 18:14 | Report Abuse

Why not JAKS?

1. Its been shown that countries that have the strictest control during pandemic will recovers faster.
2. Vietnam is no 1 in SEA in strictness.
3. Power demand in VN was crazy before outbreak. This will be worse after recovery, as companies taking opportunity to reshore manufacturing out of China.
4. Stock underwritten by Church of OTB. Until he sells, followers will top up on every down turn.

i3lurker

13,959 posts

Posted by i3lurker > 2020-04-13 18:18 | Report Abuse

I am shocked!!!
You mean there is actually Covid-19 in Vietnam?

There is actually no covid-19 in Vietnam see below:-

https://klse.i3investor.com/blogs/Jaks%20resources/2020-04-12-story-h1505928000-Jaks_Resources_Impact_of_Covid19.jsp

Sslee

6,233 posts

Posted by Sslee > 2020-04-13 19:00 | Report Abuse

Haha i3lurker,
I am equally shocked actually Covid-19 benifited JAKS.

i3lurker

13,959 posts

Posted by i3lurker > 2020-04-13 19:03 | Report Abuse

agree
maybe 5 or maybe 1,000 Five Star hotels will open in Vietnam
just like Melaka

Posted by Sslee > Apr 13, 2020 7:00 PM | Report Abuse
Haha i3lurker,
I am equally shocked actually Covid-19 benifited JAKS.

Posted by warrantKing > 2020-04-13 20:44 | Report Abuse

Many sifu has made sell call dy.
Save your bullet for next cheaper round ?

CUTLOSS

250 posts

Posted by CUTLOSS > 2020-04-13 21:23 | Report Abuse

40 sen by May QR?

lawrgan

715 posts

Posted by lawrgan > 2020-04-13 21:50 | Report Abuse

0.30 and below better safer for you. Lol

YONG

282 posts

Posted by YONG > 2020-04-14 08:13 | Report Abuse

越南海阳60万:开展消防应急处置演练
http://www.aepc1.ceec.net.cn/art/2020/4/12/art_14631_2102511.html

leafwinner

1,134 posts

Posted by leafwinner > 2020-04-14 08:23 | Report Abuse

The worst already over.

Posted by Investor 999 > 2020-04-14 09:09 | Report Abuse

The power of unlimited fund !

YONG

282 posts

Posted by YONG > 2020-04-14 10:14 | Report Abuse

0.95 0.96 Done~

Posted by Investing_Bursa > 2020-04-14 10:17 | Report Abuse

Lets rock and roll !

hng33

20,327 posts

Posted by hng33 > 2020-04-14 10:23 | Report Abuse

KEYWORD: 海阳项目主厂房内大量设备安装逐步就位,项目建设进入了单体调试和整套启动前的检查准备阶段,主厂房内输煤系统和主体设备已上煤和带油....

Posted by Investing_Bursa > 2020-04-14 10:28 | Report Abuse

Hng, can you please translate ?

hng33

20,327 posts

Posted by hng33 > 2020-04-14 10:35 | Report Abuse

The installation of a large number of equipment in the power plant Hai Duong project is gradually in place. The project construction has entered the stage of single-unit debugging and pre-startup inspection. The coal transportation system and main equipment in the main plant have been loaded with coal and oil

Posted by Investing_Bursa > 2020-04-14 10:36 | Report Abuse

Thanks hng!

2721

2,003 posts

Posted by 2721 > 2020-04-14 10:39 | Report Abuse

oh yeah..come back is real

Posted by Investing_Bursa > 2020-04-14 10:44 | Report Abuse

Lets go back to RM1

hng33

20,327 posts

Posted by hng33 > 2020-04-14 11:02 | Report Abuse

DK66

The coal have loaded in coal transmission system to transport coal power. The coal will ground into a fine powder by a pulverizer is then blown into boiler, burn produce heat that turns water into steam, which then turns turbines in a generator. The generator spins and produces electricity and connect to national grid to meet country electricity demand. These pre-run testing will last for 36 hr for reliability test, if all parameter meet optimization, fulfill requirement performance, then it can start commecial operation. estimate time frame can be as soon as next month May for first unit to start commecial operation. http://www.aepc1.ceec.net.cn/art/2020/4/12/art_14631_2102511.html

DK66

4,269 posts

Posted by DK66 > 2020-04-14 11:03 | Report Abuse

cskek81, Thanks, I got it

DK66

4,269 posts

Posted by DK66 > 2020-04-14 11:04 | Report Abuse

Thanks, hng33

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