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

0.135 - 0.14

Trading Volume

2,179,500


41 people like this.

64,793 comment(s). Last comment by jjohnchew 3 days ago

Posted by janet_roo > 2020-05-24 23:09 | Report Abuse

Hi DK66, pls add me into the group thank you

Posted by hstny123 > 2020-05-24 23:41 | Report Abuse

Hi DK66
Can you please add me into your private Jaks chat group. Tqvm in anticipation

DK66

4,269 posts

Posted by DK66 > 2020-05-25 00:04 | Report Abuse

added
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lthma2588 Hi DK66,can you add me into your private group> Thank you
24/05/2020 10:36 PM

janet_roo Hi DK66, pls add me into the group thank you
24/05/2020 11:09 PM

hstny123 Hi DK66
Can you please add me into your private Jaks chat group. Tqvm in anticipation
24/05/2020 11:41 PM

Posted by CurryTeo > 2020-05-25 01:12 | Report Abuse

@DK66, can add me into your group?

lawrgan

715 posts

Posted by lawrgan > 2020-05-25 03:06 | Report Abuse

Checked the latest Top 10 list of shareholders and noticed someone is there again. Everyone will be surprise to know. Check it out

sell

2,456 posts

Posted by sell > 2020-05-25 05:57 | Report Abuse

Top 10 but none is KYY?

sell

2,456 posts

Posted by sell > 2020-05-25 05:58 | Report Abuse

RI Bec Evolve Mall bankrupt?

sell

2,456 posts

Posted by sell > 2020-05-25 06:02 | Report Abuse

RI Bec Star sue Jaks must pay?

sell

2,456 posts

Posted by sell > 2020-05-25 06:04 | Report Abuse

Now MCA back to power sure want Star to revive so make Star win JAks lawsuit?

Posted by hosehliaoo > 2020-05-25 07:21 | Report Abuse

@lawrgan KWSP & Koon Yew Yin in the top 10 shareholders. Means confidence is back?

Posted by EatCoconutCanWin > 2020-05-25 08:05 | Report Abuse

What happened to jaks.. but nothing to worried. Gogo jaks

DK66

4,269 posts

Posted by DK66 > 2020-05-25 08:34 | Report Abuse

added
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CurryTeo @DK66, can add me into your group?
25/05/2020 1:12 AM

chiepin1

35 posts

Posted by chiepin1 > 2020-05-25 08:51 | Report Abuse

DK66, can add me into your group? Thanks

ochai

350 posts

Posted by ochai > 2020-05-25 09:09 | Report Abuse

@DK66 me too

Posted by shareinvestor88 > 2020-05-25 11:19 | Report Abuse

Hi DK66 can you add me ? TQ

Posted by shareinvestor88 > 2020-05-25 11:21 | Report Abuse

How to join? is there a link ?

ivanlau

1,377 posts

Posted by ivanlau > 2020-05-25 11:30 | Report Abuse

right issue news definitely will cause JAKS share price gap down on Wed...........

CT

914 posts

Posted by CT > 2020-05-25 11:33 | Report Abuse

Those without jaks shares better hope jaks dont drop much. It will affect all the small caps. Probaly 3% to 5% drop

SomaCruz89

305 posts

Posted by SomaCruz89 > 2020-05-25 12:29 | Report Abuse

Hi DK66, can you add me? Curious to involve in the RI discussion as I'm still holding some JAKS shares

Posted by sukh1230 > 2020-05-25 12:32 | Report Abuse

Hi DK66,
Please add me too. Thank you

Posted by ersp3627 > 2020-05-25 12:41 | Report Abuse

Hi dk66 can add me in the group. Tq

High19

5 posts

Posted by High19 > 2020-05-25 13:56 | Report Abuse

Hi dk66, pls add me too. TQ

Posted by Wanttoberich > 2020-05-25 14:36 | Report Abuse

Hi, DK66, can you add me to the group as well? I am Jaks shareholders.

Posted by SarifahSelinder > 2020-05-25 14:42 | Report Abuse

Tgk la announcement tu properly kan it is clearly stated d RI is for loan disbursement purpose

CPEEC dah paid portion nya dah sbb tu at the moment it is 26% : 74% shareholdings

It is timing

JAKS EPC profits originally meant for tis share subscription must b coming in later at tail end of construction tat why x sempat to b used for tis share subscription

Tapi bank loans kena draw down dah mmediately to finance further construction works

It is a very common requirement for banks to ask shareholders to top up share capital b4 they make loan disbursement

Profits from EPC not coming in yet not coming in in time

IT IS TIMING!!!

Zuliana

5,395 posts

Posted by Zuliana > 2020-05-25 14:45 | Report Abuse

Abang_misai/// ALP cheated and sucked your blood. You still not realise and instead you find way to justify his actions.
24/05/2020 9:15 PM



Kyy said this ALP can't be trusted.... Every time only know how to RI to get RM from Jaks shareholders.

Posted by Sammuel0808 > 2020-05-25 14:47 | Report Abuse

Hi dk66, can add me in the group? Tq

Aramco

1,560 posts

Posted by Aramco > 2020-05-25 14:49 | Report Abuse

ALL kena Rabbit Hole
Including Johnny Boy

Posted by SarifahSelinder > 2020-05-25 14:49 | Report Abuse

IT IS TIMING!!!

RI ni jz a bridging measure

Part of d proceed from tis RI wil b for d 10% option

Wil b back to original plan

Posted by Pilotfish > 2020-05-25 15:49 | Report Abuse

Pilotfish: Hello DK66, Please add me at your private group? Thank you

DK66

4,269 posts

Posted by DK66 > 2020-05-25 16:28 | Report Abuse

added
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chiepin1 DK66, can add me into your group? Thanks
25/05/2020 8:51 AM

ochai @DK66 me too
25/05/2020 9:09 AM

Posted by cheewai91 > 2020-05-25 16:32 | Report Abuse

dk66 can add me as well?

Posted by Treasure_stalker > 2020-05-25 16:35 | Report Abuse

DK66, can you add me to the group and how can i access to the group. tq

DK66

4,269 posts

Posted by DK66 > 2020-05-25 16:57 | Report Abuse

added
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cheewai91 dk66 can add me as well?
25/05/2020 4:32 PM

Treasure_stalker DK66, can you add me to the group and how can i access to the group. tq
25/05/2020 4:35 PM

DK66

4,269 posts

Posted by DK66 > 2020-05-25 17:02 | Report Abuse

added
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SomaCruz89 Hi DK66, can you add me? Curious to involve in the RI discussion as I'm still holding some JAKS shares
25/05/2020 12:29 PM

sukh1230 Hi DK66,
Please add me too. Thank you
25/05/2020 12:32 PM

ersp3627 Hi dk66 can add me in the group. Tq
25/05/2020 12:41 PM

High19 Hi dk66, pls add me too. TQ
25/05/2020 1:56 PM

Wanttoberich Hi, DK66, can you add me to the group as well? I am Jaks shareholders.
25/05/2020 2:36 PM

DK66

4,269 posts

Posted by DK66 > 2020-05-25 17:03 | Report Abuse

added---

Sammuel0808 Hi dk66, can add me in the group? Tq
25/05/2020 2:47 PM

DK66

4,269 posts

Posted by DK66 > 2020-05-25 17:04 | Report Abuse

added
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Pilotfish Pilotfish: Hello DK66, Please add me at your private group? Thank you
25/05/2020 3:49 PM

DK66

4,269 posts

Posted by DK66 > 2020-05-25 17:07 | Report Abuse

You can now join the chat group using your i3 messenger. Search for "jaks group chat"

sonny7088

24 posts

Posted by sonny7088 > 2020-05-25 17:09 | Report Abuse

DK66 Can you add me in your group. Thanks

DK66

4,269 posts

Posted by DK66 > 2020-05-25 17:17 | Report Abuse

added
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sonny7088 DK66 Can you add me in your group. Thanks
25/05/2020 5:09 PM

Posted by PresidentRotiCanai > 2020-05-25 17:43 | Report Abuse

This management really gt problem, from 2010 talking about power plant.. Even now also still talking about power plant and keep ask money from investor instead of using company earning. No hope for jaks. Another failure power plant project. Gap down 0.70

cmyoon

5 posts

Posted by cmyoon > 2020-05-25 18:22 | Report Abuse

DK66 Can you add me in your group. TQVM

Posted by kimloon85 > 2020-05-25 18:25 | Report Abuse

DK 66 Can add me in the group?

Zuliana

5,395 posts

Posted by Zuliana > 2020-05-25 18:29 | Report Abuse

Kini masa genting... Covid pun ALP pun fikir soal minta RM guna RI.
Aduh... CEO pun macam budak budak sentiasa mintak saja.
Tak Malu...

ccy123

279 posts

Posted by ccy123 > 2020-05-25 18:42 | Report Abuse

Very easy. Wednesday cut loss and move on. If the horse can't run, change horse

huahtai98

770 posts

Posted by huahtai98 > 2020-05-25 19:08 | Report Abuse

Haha....most people joining dk66 private chat group for Jaks info.
Very quiet here now. People no hue what you say here anymore.....kakaka!

DK66

4,269 posts

Posted by DK66 > 2020-05-25 19:17 | Report Abuse

added
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cmyoon DK66 Can you add me in your group. TQVM
25/05/2020 6:22 PM

kimloon85 DK 66 Can add me in the group?
25/05/2020 6:25 PM

HuatRex

2,617 posts

Posted by HuatRex > 2020-05-25 19:21 | Report Abuse

That simkalan DK66 just drama only

Posted by andrewlimck > 2020-05-25 20:11 | Report Abuse

DK you may add me in the group. I read the circular, there's some minor error.

Posted by andrewlimck > 2020-05-25 20:11 | Report Abuse

DK, your comments were quoted as follows.

It is not true by saying market price has to trade above RM1.00. No one says that the rights issue price will be fixed at RM0.40, it can be fixed at any price, above or below RM0.40. In the circular, it was stated as "illustrative issue price", meaning, in order to show the calculation, they ASSUME issue price to be at RM0.40. This is just an illustration, not a guidance.

It can fall below RM1 and rights issue price to be fixed at a price lower than RM0.40. Please take note.

From DK66's write up:

In order to give at least 50% discount to TERP, the market price has to trade above RM1.00 during price fixing in order to give 50% discount.

(RM1.00 x 4) + (RM0.4 x 2) /6 = RM0.80 (TERP) => 50% discount => RM0.40 (Right Issue Price).

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