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 TamanOrkid > 2020-10-17 21:30 | Report Abuse

If 4 boilers is being tested means the unit 1 & unit 2 will generated electricity on same times.

Lucky Kau

11 posts

Posted by Lucky Kau > 2020-10-17 21:35 | Report Abuse

Hi...DK, do you have any idea for the price after ex RI?

DK

4,269 posts

Posted by DK > 2020-10-18 19:42 | Report Abuse

The price will appreciate when the power plant achieves COD.

DeathWing

1,464 posts

Posted by DeathWing > 2020-10-18 19:51 | Report Abuse

hope those who bought jaks shares now or recently without understanding what is RI(rights issues) do not regret o

come 26 oct u will see an interesting show

me i will only buy after the rights are settled n be done with

it boggles the mind that they are still buying...so many suckers..sigh

good luck

hng33

20,311 posts

Posted by hng33 > 2020-10-18 20:00 | Report Abuse

before right share
1. power plant net profit RM 200m will EPS = 30sen
2. share price trading before right is around RM 1.20
3. PE 10x will give target price RM 3.00, upside potential 150%

after right share
1. power plant net profit RM 200m will give EPS = 11.5sen
2. share price trading now around 5 share x 87sen, cum 8 right x 22sen = 47sen
3. PE 10x will give target price RM 1.15, upside potential 145%

Therefore, in conclusion, shareholder are enjoying similar potential gain upside before and after right by peg to same power plant earning, and same valuation PE 10x,

Remark: shareholder now is even can enjoy much higher profit if take into account 4 free warrant after right.

Posted by TerminatorChaplin > 2020-10-18 20:05 | Report Abuse

u conveniently left out that shareholders have to FORK OUT MONEY TO BUY THE RIGHTS...lol

hence you will not be getting 145% at all right? lol

a piece of work

aiyoyoyo

no more comments....

hng33

20,311 posts

Posted by hng33 > 2020-10-18 20:20 | Report Abuse

The ranking of benefit cost among 4 type of shareholder

1. New comer intend to buy jaks at 87sen now + full subscribe right at 22sen + free warrant

2. shareholder bought before right announcement at cost RM 1.20 + intend to buy more at 87sen to average down cost + full subscribe right 22 sen + free warrant

3. shareholder bought before right announcement at cost RM 1.20, subscribe on right + free warrant

4. shareholder bought before right announcement at cost RM 1.20, opt to sell part of the holding at 87sen to subscribe right + free warrant

chiahs

212 posts

Posted by chiahs > 2020-10-18 22:10 | Report Abuse

Announcement of the Power plant operation this month will definately boosting the buying interest and share price...... Lets see how the market react.

FELI1305

79 posts

Posted by FELI1305 > 2020-10-19 09:36 | Report Abuse

Dear DK ,

Sorry to make you troublesome here , so it mean good for us to buy the
this 外加股? but once buy after right issue , our main share [ mother share } will dropped ?

So for me fresh investor here , worth to buy for this right issue ?

if buy how to proceed ? waiting the company send us any form or what?

or on line buy ? waiting you to reply soon.tq so much

DK

4,269 posts

Posted by DK > 2020-10-19 11:05 | Report Abuse

Feli1305, i3 public forum is not a very pleasant place. That is why I moved to private chat group to avoid unreasonable attacks. If you want more information, you may request to join the chat group.

xiaojie88

57 posts

Posted by xiaojie88 > 2020-10-19 11:12 | Report Abuse

DK please add me to the private chat ya. TQ

DK

4,269 posts

Posted by DK > 2020-10-19 11:15 | Report Abuse

added
------------

xiaojie88 DK please add me to the private chat ya. TQ
19/10/2020 11:12 AM

Posted by Newbee31 > 2020-10-19 11:24 | Report Abuse

DK, appreciate if you add me in as well. Tqvm.

Posted by CheeseHunter > 2020-10-19 11:27 | Report Abuse

DK, how to add to private chat??

DK

4,269 posts

Posted by DK > 2020-10-19 11:27 | Report Abuse

added
-------
Newbee31 DK, appreciate if you add me in as well. Tqvm.
19/10/2020 11:24 AM

DK

4,269 posts

Posted by DK > 2020-10-19 11:38 | Report Abuse

cheesehunter, I have added you into the group, You need to use the i3 messenger to access the group chat.

FELI1305

79 posts

Posted by FELI1305 > 2020-10-19 11:47 | Report Abuse

DEAR DK , PLS ADD ME.

Posted by ch_invest > 2020-10-19 11:50 | Report Abuse

DK, please add me to the private chat, thanks

DK

4,269 posts

Posted by DK > 2020-10-19 11:54 | Report Abuse

added

FELI1305 DEAR DK , PLS ADD ME.
19/10/2020 11:47 AM

johndow

166 posts

Posted by johndow > 2020-10-19 11:55 | Report Abuse

please help to add me .. thanks

DK

4,269 posts

Posted by DK > 2020-10-19 11:55 | Report Abuse

added

ch_invest DK, please add me to the private chat, thanks
19/10/2020 11:50 AM

DK

4,269 posts

Posted by DK > 2020-10-19 11:56 | Report Abuse

added

johndow please help to add me .. thanks
19/10/2020 11:55 AM

hao0019

1 posts

Posted by hao0019 > 2020-10-19 12:30 | Report Abuse

pls add me also thx

Posted by YSPHOO1980 > 2020-10-19 12:35 | Report Abuse

Pls add me thank

Posted by DonWorryBeHappy > 2020-10-19 12:51 | Report Abuse

Hi DK, appreciate if you can add me in the group. Thanks.

kfoong81

38 posts

Posted by kfoong81 > 2020-10-19 13:08 | Report Abuse

Hi DK, please add me in your chat group. Thx !

Posted by Sphinx88 > 2020-10-19 13:17 | Report Abuse

Hi DK, appreciate if you can add me in the group. Thanks.

Posted by Jackpot888 > 2020-10-19 13:31 | Report Abuse

Hi DK pls add me to your private group .. tqvm

stockraider

31,556 posts

Posted by stockraider > 2020-10-19 13:34 | Report Abuse

arghhhhhhhhhhhhhhhhhh run b4 too late loh

Posted by unclelau > 2020-10-19 13:50 | Report Abuse

hi,DK,add me pls.tqvm.

Posted by TerminatorChaplin > 2020-10-19 13:55 | Report Abuse

rights coming. expecting price to drop to 48c n below. can buy then.

why want to buy jaks now n give money to pay for rights? newbies newbies...

Posted by TerminatorChaplin > 2020-10-19 13:56 | Report Abuse

newbies really kena now...tough luck for not reading first before buying

hng33

20,311 posts

Posted by hng33 > 2020-10-19 14:34 | Report Abuse

add more jaks at 86.5sen

Sam1979

2 posts

Posted by Sam1979 > 2020-10-19 14:57 | Report Abuse

hi DK, pls help to add me in ur group, just created account, thanks

Posted by weichyuen92 > 2020-10-19 15:21 | Report Abuse

Add me too thanks

Posted by michelle36 > 2020-10-19 15:49 | Report Abuse

Dear DK, pls add me to the private chat group. Thks, Michelle

hng33

20,311 posts

Posted by hng33 > 2020-10-19 15:49 | Report Abuse

Accumulated last at 86.5sen completed

cptan28

1 posts

Posted by cptan28 > 2020-10-19 15:53 | Report Abuse

Dear DK, pls add me to the private chat group. Tq

Posted by Leong Wey Chyuan > 2020-10-19 15:54 | Report Abuse

Hng33 very optimistic on JAKS

hng33

20,311 posts

Posted by hng33 > 2020-10-19 15:55 | Report Abuse

total average for 2 day accumulation cost around 87sen, will full subscribe right later at 22sen, further average cost down to 47sen + entitle full free warrant.

Based on full enlarge after right

1. power plant net profit RM 200m will give EPS = 11.5sen
2. share price average cost 47sen, PE trade at 4x
3. Fair PE 10x will give target price RM 1.15, upside potential 145%
4. Free warrant will give extra profit with fair trading premium 30% once listed

huahtai98

770 posts

Posted by huahtai98 > 2020-10-19 15:56 | Report Abuse

ALP also very optimistic
Never sell...pump in more money for the Rights.

Henry8833

874 posts

Posted by Henry8833 > 2020-10-19 16:04 | Report Abuse

Good point hng33

Now investing in jaks, the risks are minimal and upside is extraordinary with power plant cod is imminent and they are exiting stupid Star Tower property development business.

This RM 200m is not inclusive of additional 10% stake of power plant.

--------------------

hng33 before right share
1. power plant net profit RM 200m will EPS = 30sen
2. share price trading before right is around RM 1.20
3. PE 10x will give target price RM 3.00, upside potential 150%

after right share
1. power plant net profit RM 200m will give EPS = 11.5sen
2. share price trading now around 5 share x 87sen, cum 8 right x 22sen = 47sen
3. PE 10x will give target price RM 1.15, upside potential 145%

Therefore, in conclusion, shareholder are enjoying similar potential gain upside before and after right by peg to same power plant earning, and same valuation PE 10x,

Remark: shareholder now is even can enjoy much higher profit if take into account 4 free warrant after right.

hng33

20,311 posts

Posted by hng33 > 2020-10-19 16:07 | Report Abuse

The reason to be optimistic is that

1. Jaks already divest its loss making property development, trim its 51% stake to nil, therefore de-consolidate and recoup back about RM 71m profit to be reflected in upcoming Q result.

2. Jaks property investment properties in Evolve mall have reach breakeven occupancy rate 81%, therefore, eliminate loss making business

3. However, Jaks newly open Star pacific mall still at infancy stage with occupancy rate 60%. But, judging from strategy location in Pj16, the rental rate should be better than evolve mall, allowing breakeven to be achieved faster.

4. The Key point now is focus on Vietnam to be commecial operation by these month. Oct. and unit 2 in early next year. Revenue RM 2.6 billion pa, net profit margin 25%, tax free, will give jaks share of profit RM 200m net

5. All court, jaks is now trading at forward 4x PE valuation based on enlarge share after right

Posted by Leong Wey Chyuan > 2020-10-19 17:05 | Report Abuse

Optimism is because of item 4.

hng33

20,311 posts

Posted by hng33 > 2020-10-19 17:22 | Report Abuse

The major key of course is power plant, RM 200m net profit, EPS 11.5sen, steady deliver every year for next 25 year will give fair valuation at least 10x, target price RM 1.15 + in money free warrant which have exercise price 49sen

human

196 posts

Posted by human > 2020-10-19 17:39 | Report Abuse

finally someone that talk logic not speculation of whether the management behave.

Posted by Leong Wey Chyuan > 2020-10-19 18:57 | Report Abuse

We shall see

DK

4,269 posts

Posted by DK > 2020-10-19 20:42 | Report Abuse

You will receive a message via i3 messenger after you were added.
------------------
hao0019 pls add me also thx
19/10/2020 12:30 PM

YSPHOO1980 Pls add me thank
19/10/2020 12:35 PM

DonWorryBeHappy Hi DK, appreciate if you can add me in the group. Thanks.
19/10/2020 12:51 PM

kfoong81 Hi DK, please add me in your chat group. Thx !
19/10/2020 1:08 PM

Sphinx88 Hi DK, appreciate if you can add me in the group. Thanks.
19/10/2020 1:17 PM

Jackpot888 Hi DK pls add me to your private group .. tqvm
19/10/2020 1:31 PM

unclelau hi,DK,add me pls.tqvm.
19/10/2020 1:50 PM
Sam1979 hi DK, pls help to add me in ur group, just created account, thanks
19/10/2020 2:57 PM

weichyuen92 Add me too thanks
19/10/2020 3:21 PM

michelle36 Dear DK, pls add me to the private chat group. Thks, Michelle
19/10/2020 3:49 PM

cptan28 Dear DK, pls add me to the private chat group. Tq
19/10/2020 3:53 PM

Sam1979

2 posts

Posted by Sam1979 > 2020-10-19 21:23 | Report Abuse

hi DK, can addd me to the private chat group. thanks

DK

4,269 posts

Posted by DK > 2020-10-19 21:48 | Report Abuse

sam1979, you were already added

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