JAKS RESOURCES BERHAD

KLSE (MYR): JAKS (4723)

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Last Price

0.14

Today's Change

0.00 (0.00%)

Day's Change

0.135 - 0.14

Trading Volume

610,100


41 people like this.

64,793 comment(s). Last comment by jjohnchew 2 days ago

Posted by PrimarisMarine > 2020-09-09 15:41 | Report Abuse

ceo maybe giving chance for ppl to cash out

Posted by PrimarisMarine > 2020-09-09 15:41 | Report Abuse

still good to cash out before major rights issue. anyone knows from rev of 720mil, what will be the income?

ronald118

123 posts

Posted by ronald118 > 2020-09-09 15:44 | Report Abuse

8 for 5 rights ?

Posted by mayongzheng > 2020-09-09 15:44 | Report Abuse

The RM720 mil is imcome (profit) per year !!

IronShirt

3,178 posts

Posted by IronShirt > 2020-09-09 15:45 | Report Abuse

25years Constant revenue...Can play with Forex....Dong and US$ and Myr...Vietnam will enjoy
far greater Growth than Malaysia bcos Major International Co. are moving Out of China to
escape Trump's Tariff....That would include $100billion "Made-In-HongKong" factories cease and
decease come 25Sept 2020 under Trump Mandate

LA777

3,383 posts

Posted by LA777 > 2020-09-09 15:47 | Report Abuse

Con stock!

Posted by PrimarisMarine > 2020-09-09 16:02 | Report Abuse

income will be about 350mil? from tax n stuffs

Posted by PrimarisMarine > 2020-09-09 16:02 | Report Abuse

guessing

Posted by PrimarisMarine > 2020-09-09 16:02 | Report Abuse

still more than the original 200mil income per annum tho

Posted by PrimarisMarine > 2020-09-09 16:02 | Report Abuse

after tax n stuffs

mamatede

3,950 posts

Posted by mamatede > 2020-09-09 16:04 | Report Abuse

720mil per year for 1 project in Vietnam. This must be too good to be true story... Even 1mdb also kalah.

Windy1974

737 posts

Posted by Windy1974 > 2020-09-09 16:20 | Report Abuse

All. RM720m is revenue. That's what company generate as sales. Whereas how much would be the net profit, no idea. Someone could do the works and come up with the figure.

BabyAce

1,833 posts

Posted by BabyAce > 2020-09-09 16:25 | Report Abuse

When everything else is red, JAKS is green green

mamatede

3,950 posts

Posted by mamatede > 2020-09-09 16:26 | Report Abuse

So are we saying the vietnam project will give 750mil revenue per year... How much is project total cost?? 2 years already 1.5billions.

WilburR2

847 posts

Posted by WilburR2 > 2020-09-09 16:31 | Report Abuse

generating electricity profits for 25 years lol

Posted by PrimarisMarine > 2020-09-09 16:41 | Report Abuse

well lots of writeups did project about 200mil or profit per year. been reading up.just now

Posted by PrimarisMarine > 2020-09-09 16:42 | Report Abuse

200 to 250mil profit per year

simonc

111 posts

Posted by simonc > 2020-09-09 16:43 | Report Abuse

This article concludes that JHDP is expected to deliver EPS of between RM0.30 to RM0.40 to Jaks. At PE of 10 to 15 times, Jaks is worth between RM3 to RM6.

ktrader

1,887 posts

Posted by ktrader > 2020-09-09 16:57 | Report Abuse

Woww...

ktrader

1,887 posts

Posted by ktrader > 2020-09-09 17:00 | Report Abuse

By next month the price shud be more thsn 1 ringgit !

Posted by PrimarisMarine > 2020-09-09 17:02 | Report Abuse

so why do u think that it has been stuck at 75c plus plus for a while now eh? today is an anomaly of course

Posted by takeprofitlah > 2020-09-09 18:12 | Report Abuse

do you guys think this will be only one day show?

Posted by SpicyMcDeluxe > 2020-09-09 18:49 | Report Abuse

Keke

simonc

111 posts

Posted by simonc > 2020-09-09 19:08 | Report Abuse

Jaks will probably will trend up just MFCB which also has power project at Laos

karimboss

1,168 posts

Posted by karimboss > 2020-09-09 19:15 | Report Abuse

655.12m+2,413m RI+1,206m Warrant+200m Warrant B=Total 4474m share. WOW, DILUTED KAU KAU

karimboss

1,168 posts

Posted by karimboss > 2020-09-09 19:16 | Report Abuse

Share up because wanna make the Right Issue Expensive. Think about it.

karimboss

1,168 posts

Posted by karimboss > 2020-09-09 19:17 | Report Abuse

MFCB only have 494.18m. Even RM9 is still cheaper than JAKS

JJchan

7,182 posts

Posted by JJchan > 2020-09-09 19:18 | Report Abuse

As China is moving away from Coal consumption, cost of fuel (also competition for Good quality Coal) is benefiting Jaks Coal fired plant in long Run.

lwyy60

477 posts

Posted by lwyy60 > 2020-09-09 19:48 | Report Abuse

karimboss, said intend to raise at max roughly rm300m fund, market capital only rm573m and total 655m share. How come total total share will exceed 2B? lolz Mayb less than a billion share after RI lolz. If vietnam power plant able to bring rm200m profit per annum that mean with PE10. posible to go rm2 after RI but of course slowly la....lolzzz...
09/09/2020 7:48 PM

Posted by PrimarisMarine > 2020-09-09 19:50 | Report Abuse

karimboss yea you are right.

possible is that as their rights is given an illustrative pricing in the prospectus at about 12c

its way too cheap lol

plus wanna issue 2.4bil rights. might need more cash

i think all the articles writeup about their profit per annum is also maintained. about 200mil to 300mil

maybe today show is for better RI pricing or let those voicing displeasure to cash out first

at least he kasi chance ma

see how it goes

Posted by PrimarisMarine > 2020-09-09 19:54 | Report Abuse

a rough calculation, but i may be wrong

existing shares = 600mil
rights incoming = 2.4bil

total shares after RI issue = 3bil shares

assuming 200mil profit from power plant per annum
EPS = 200mil/3000mil shares = 6.7c
assume PE = 10x

price of share = 10 x 0.067 = 0.67c = 67c fair value per share

a rough estimate of mine. good luck

Posted by EatCoconutCanWin > 2020-09-09 20:54 | Report Abuse

Old duck visiting jaks.. gloves unloading and come here d.. careful

firehawk

4,782 posts

Posted by firehawk > 2020-09-10 00:30 | Report Abuse

Ha! Ha! Ha! I think some ppl know why today the price was pushed up :-D

In case u want to get a hint .... bear in mind that, the actual subscription price of RI is yet to be fixed :-D

Sslee

6,231 posts

Posted by Sslee > 2020-09-10 08:56 | Report Abuse

Dear DK,

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3086741

Page: 39
g) To incorporate Bursa Securities’ comments in respect of the draft circular to shareholders.-Complied

Do you find any Bursa Securities’ comments? What it means to incorporate Bursa Securities’ comments in respect of the draft circular to shareholders

newbie5354_

1,282 posts

Posted by newbie5354_ > 2020-09-10 09:00 | Report Abuse

YTL Power latest QR loss why must Jaks sure profit?

newbie5354_

1,282 posts

Posted by newbie5354_ > 2020-09-10 09:07 | Report Abuse

Newbie ask question why so hard to answer?

Posted by newbie5354_ > Sep 10, 2020 9:00 AM | Report Abuse X
YTL Power latest QR loss why must Jaks sure profit?

lwyy60

477 posts

Posted by lwyy60 > 2020-09-10 09:10 | Report Abuse

RI coming, good luck with your bets. Good days

James Ng

2,700 posts

Posted by James Ng > 2020-09-10 09:20 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-09-10-story-h1513430526.jsp
[转贴] [JAKS RESOURCES BHD:专注于手头正在进行的项目的完成,并预计今年越南发电厂的完工有望带来稳定的经常性收入,这集团将努力取得成功并向前迈进] - James的股票投资James Share Investing

newbie5354_

1,282 posts

Posted by newbie5354_ > 2020-09-10 09:22 | Report Abuse

Net profit is loss but EPS +ve qualify can goreng?

newbie5354_

1,282 posts

Posted by newbie5354_ > 2020-09-10 09:23 | Report Abuse

Muhyiddin not good. PM must change.

newbie5354_

1,282 posts

Posted by newbie5354_ > 2020-09-10 09:24 | Report Abuse

FF lari bec Bursa not consistent?

Windy1974

737 posts

Posted by Windy1974 > 2020-09-10 09:35 | Report Abuse

I think you are right, assuming that the profit would be RM200m. I was pretty convinced too till the super CEO mentioned that 50% of JAKS profit will generate from PP? (can't recall his exact %)
Now, i am assuming 90% profit generate from PP minimum. I didn't know that JAKS can make so much money in Malaysia. Either that, or PP will not generate RM200m. I will wait till power generation income to decide.
Buying shares not only because of the prospect but also the integrity of management. Which is as rare as unicorn in Malaysia.
But nvm, Malaysian are gambler. Since Covid 19 can't go Genting, bursa easier :)

PrimarisMarine a rough calculation, but i may be wrong

existing shares = 600mil
rights incoming = 2.4bil

total shares after RI issue = 3bil shares

assuming 200mil profit from power plant per annum
EPS = 200mil/3000mil shares = 6.7c
assume PE = 10x

price of share = 10 x 0.067 = 0.67c = 67c fair value per share

a rough estimate of mine. good luck

Posted by OPR_must_cut > 2020-09-10 09:57 | Report Abuse

Old duck is KYY?

Posted by EatCoconutCanWin > Sep 9, 2020 8:54 PM | Report Abuse
Old duck visiting jaks.. gloves unloading and come here d.. careful

hng33

20,311 posts

Posted by hng33 > 2020-09-10 10:39 | Report Abuse

Jaks right proposed keep changing ever from

1. First proposed 2 right + 1 warrant for every 4 share, issue at 40sen !

2. Second revise proposed 8 right + 4 warrant for every 5 share, issue at 22.5sen !!

3. Latest circular proposed 3 right for every 1 share, together with 1 warrant for every 2 right subscribe at 12sen !!!

DK

4,269 posts

Posted by DK > 2020-09-10 11:04 | Report Abuse

Dear Sslee,
Bursa's comments were not specifically disclosed to shareholders. However, I m confident that Kenanga ensured that bursa's comments were incorporated in the circular.

-----------
Sslee Dear DK,

https://www.bursamalaysia.com/market_information/announcements/company...

Page: 39
g) To incorporate Bursa Securities’ comments in respect of the draft circular to shareholders.-Complied

Do you find any Bursa Securities’ comments? What it means to incorporate Bursa Securities’ comments in respect of the draft circular to shareholders
10/09/2020 8:56 AM

firehawk

4,782 posts

Posted by firehawk > 2020-09-10 11:19 | Report Abuse

The difference of holding mother and WB,
If u hold WB, u no need to fork out extra money for the RI, u will be given extra WB (free of charge) from the RI, and exercise-price adjustment (to lower) .....

This is an alternation if u want to participate for the future ..... :-)

Posted by SpicyMcDeluxe > 2020-09-10 11:28 | Report Abuse

kekw

xuxu

5,779 posts

Posted by xuxu > 2020-09-10 11:37 | Report Abuse

nowaday chase high very dangerous, chase low also dangerous

Posted by PrimarisMarine > 2020-09-10 11:47 | Report Abuse

buy after rights are issued. will be cheaper then

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