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

Sslee

6,227 posts

Posted by Sslee > 2020-11-25 09:42 | Report Abuse

Dear Psng1215,
https://www.bursamalaysia.com/market_information/announcements/company...

Name INSAS BERHAD
Indirect/deemed interest (%) 17.039
Indirect/deemed interest (units) 554,853,575
Date of notice 04 Aug 2020

Indirect interest:-

(1) Insas Technology Berhad - 424,769,375 (No change)
(2) Media Lang Limited - 26,016,500
(3) Insas Plaza Sdn Bhd - 103,867,700 (No change)
(4) Montego Assets Limited - 200,000 (No change)

Insas still hold 554,853,575 Inari, if every quarter Inari able to pay 2 cents dividend then cash inflow per year from Inari alone is 44 million +
M&A and ICL will contribute another 40 million.

Next quarter another cash inflow from sale of Sengenics.
With so much cash in hand, eager to know how the Board will utilise the cash to grow the company?
Note: Insas already invested in glove making company.

Psng1215

25 posts

Posted by Psng1215 > 2020-11-25 09:56 | Report Abuse

Sslee, Thanks for you informations.

Windy1974

737 posts

Posted by Windy1974 > 2020-11-25 11:13 | Report Abuse

Sslee. Hoseh liao. Insas very rich like you having a rich dad. But why still RI ah? JAKS RI understandable since CEO a crook and can't borrow anymore from banks cos bank worry JAKS go bankrupt. But Insas leh?
I appreciate your alternative comments on JAKS to raise awareness. However, are you falling into the same category? Self hypnotize after you hold a company shares? Just a thought.
If you wanna invest in high NTA company, i suggest MUI. The boss is very old oledi wink wink.
I think Insas boss might live longer than you haha.

pputeh

698 posts

Posted by pputeh > 2020-11-25 11:57 | Report Abuse

Just a thought about Insas. Funds a lot but will not declare high div. Boss must be fattening the cow to have a party later for himself only. Shareholders given crumbs. Any likelihood Insas may be taken private then sifu.

Sslee

6,227 posts

Posted by Sslee > 2020-11-25 12:49 | Report Abuse

Insas was well known as newbie value trap where controlling shareholder Dato' Sri Thong and PAC hold abt 32.96% just 0.04 % below the 33% MGO threshold
And for reason only know to Dato' Sri Thong he like to accumulate and lock up the value inside Insas.

According to insider the current multi proposal is one way to unlock Insas value.

As of ALP you judge for yourself whether he will give shareholders crumbs but give himself free LTIP and whether can he accumulate wealth or wasted it in many creative way

Any way tomorrow will be interest day for the listing of Rights shares and warrant C

limgor

87 posts

Posted by limgor > 2020-11-25 13:30 | Report Abuse

Har sslee here promote insas again

Stuck ady need sohchai help pull out

IronShirt

3,178 posts

Posted by IronShirt > 2020-11-25 15:18 | Report Abuse

Run before tomorow RI starts trading

edkfc

274 posts

Posted by edkfc > 2020-11-25 16:03 | Report Abuse

Units#1 confirmed COD run..congratulations to Jaks n CECC

chiahs

212 posts

Posted by chiahs > 2020-11-25 17:03 | Report Abuse

Great news!!! probably will get local news coverage or IB soon.

lamching

119 posts

Posted by lamching > 2020-11-25 17:28 | Report Abuse

What is IB ?

Posted by SarifahSelinder > 2020-11-25 18:29 | Report Abuse

Banyak juga dpt excess

Kos makin rendah

More conviction to hang around to see it thru how Andy kan use d proceed for bisnes baru

Posted by SarifahSelinder > 2020-11-25 18:30 | Report Abuse

Sarifah tetap berjiwa IPP unapologetic angkuh dan liar

Ben Chang

14 posts

Posted by Ben Chang > 2020-11-25 20:10 | Report Abuse

COD major good news .Profit foundation for last quarter .

chiahs

212 posts

Posted by chiahs > 2020-11-25 20:24 | Report Abuse

With the COD, project defaulter risk is reduce to minimum. Lookin forwards to their next year QR operation profits...

Posted by Value_Investor_888 > 2020-11-25 21:58 | Report Abuse

越南海阳燃煤电厂1号机组商运
http://www.ceec.net.cn/art/2020/11/25/art_11016_2346474.html

越南海阳燃煤电厂1号机组正式投入商业运行
http://www.aepc1.ceec.net.cn/art/2020/11/25/art_14612_2346966.html

Posted by Value_Investor_888 > 2020-11-25 21:59 | Report Abuse

越南海阳燃煤电厂1号机组商运

当地时间11月24日0时,由中国能建投资公司投资、西南院和国际公司总承包、安徽电建一公司和安徽电建二公司承建、中国能建科技发展公司负责调试运维的越南海阳2台60万千瓦燃煤电厂1号机组,顺利通过初始可靠容量测试,比合同工期提前一周进入商业运行。
  初始可靠容量测试结果是计算容量电价的基础,对于项目投资收益起着决定性作用。经过初始可靠容量测试,1号机组发电容量605兆瓦,供电容量平均负荷为559.3兆瓦,高于合同556兆瓦合约容量值3.3兆瓦,远高于合同约定最低要求阀值容量514.3兆瓦。

http://www.ceec.net.cn/art/2020/11/25/art_11016_2346474.html

越南海阳燃煤电厂1号机组正式投入商业运行

 当地时间11月23日19时,公司承建的越南海阳2台60万千瓦燃煤电厂项目1号机组圆满完成包括性能试验、初始可靠容量测试在内的PPA协议要求的所有试验项目,24日0时,1号机组正式投入商业运行。安徽电建一公司200余名建设者们,栉风沐雨四载,用汗水和智慧为国家“一带一路”重点示范项目在越南又铸一座丰碑,彰显了“海洋担当”。
  越南海阳2台60万千瓦燃煤电厂项目是迄今中企在越单笔投资最大的项目,是“一带一路”重点示范项目,也是公司进入越南市场承建的首个大型火电工程,承担了公司进一步开拓越南市场的重大组织使命。

http://www.aepc1.ceec.net.cn/art/2020/11/25/art_14612_2346966.html

Posted by Value_Investor_888 > 2020-11-25 22:04 | Report Abuse

24 Nov 2020 is historical moment for JAKS as COD of 1st unit of 600MW coal-fired power plant!

Posted by Engteng9688 > 2020-11-25 22:10 | Report Abuse

Anybody know how many price new warrant C ?

Posted by TamanOrkid > 2020-11-26 02:38 | Report Abuse

After nearly 10 years of construction, Hai Duong BOT Thermal Power Plant in Quang Thanh commune, Kinh Mon town officially launched commercial power unit No. 1 at 0:00 on November 24, providing 600 MW of electricity per hour. for the national grid system. It is known that at 19:00 on November 23, Jaks Power Co., Ltd., the investor of the Hai Duong BOT Thermal Power Plant, completed all the performance tests, running the initial capacity test. Machine number 1. With the efforts of Jaks Electricity Co., Ltd, Unit 1 has connected to the national power grid 1 week before the deadline of the BOT contract signed with the Ministry of Trade on November 31, 2020. According to The plan, unit 2 of Hai Duong BOT Thermal Power Plant will be commissioned in early December this year and will generate commercial electricity to join the national grid before the coming Lunar New Year. When both units are put into operation each hour, it will provide 1,200 MW to the national grid system, contributing to overcoming the risk of power shortage, creating conditions for socio-economic development.

AlfI3

1,283 posts

Posted by AlfI3 > 2020-11-26 06:58 | Report Abuse

Congrate for d long awaiting list of Jaks RI, Look fwd to a happy trading of its new WC today

Posted by SarifahSelinder > 2020-11-26 08:14 | Report Abuse

Seeing the lights... COD

Posted by Value_Investor_888 > 2020-11-26 08:51 | Report Abuse

Dont be short sight...when mother share reach RM1 by next year, WB worth at least 0.66 & WC worth at least 0.51 (with 0% premium).

when mother share reach RM1 by next year, WB worth RM0.76 & WC worth RM0.61 (with 10% premium).

when mother share reach RM1 by next year, WB worth RM0.86 & WC worth RM0.71 (with 20% premium).

when mother share reach RM1 by next year, WB worth RM0.96 & WC worth RM0.81 (with 30% premium).

Posted by BroDontPlay > 2020-11-26 09:01 | Report Abuse

Why gap down tho?

Windy1974

737 posts

Posted by Windy1974 > 2020-11-26 09:05 | Report Abuse

very frustrating. Q buy 0.555 not hit but wc bought 0.26

hng33

20,311 posts

Posted by hng33 > 2020-11-26 09:06 | Report Abuse

bought back all jaks at 56.5sen

Windy1974

737 posts

Posted by Windy1974 > 2020-11-26 09:07 | Report Abuse

o. got at 0.255 open

GGecko

1,937 posts

Posted by GGecko > 2020-11-26 09:13 | Report Abuse

wc at 28 sen is still considerably cheap

Primeinvestor

1,454 posts

Posted by Primeinvestor > 2020-11-26 09:16 | Report Abuse

jaks wc cheaper than wb? cannot be, buy

speakup

26,799 posts

Posted by speakup > 2020-11-26 09:17 | Report Abuse

investors sell mother, buy warrant WC

GGecko

1,937 posts

Posted by GGecko > 2020-11-26 09:18 | Report Abuse

WC is a bargain indeed

speakup

26,799 posts

Posted by speakup > 2020-11-26 09:18 | Report Abuse

swapping

hng33

20,311 posts

Posted by hng33 > 2020-11-26 09:20 | Report Abuse

COD COD COD

Windy1974

737 posts

Posted by Windy1974 > 2020-11-26 09:20 | Report Abuse

Careful o. Budget 2021. Don't buy. I haven't accumulated enough haha

WilburR2

847 posts

Posted by WilburR2 > 2020-11-26 09:20 | Report Abuse

selling electricity for 25 years

WilburR2

847 posts

Posted by WilburR2 > 2020-11-26 09:21 | Report Abuse

when the rest knows they will limit up

WilburR2

847 posts

Posted by WilburR2 > 2020-11-26 09:21 | Report Abuse

Go jaks limit up lol

GGecko

1,937 posts

Posted by GGecko > 2020-11-26 09:28 | Report Abuse

Not a bad performance by JAKS this morning, considering today starts the flooding of new RI shares n the day for budget voting this afternoon. COD news announcement certainly is good news

WenlinC

146 posts

Posted by WenlinC > 2020-11-26 09:30 | Report Abuse

Should limit up soon after the announcement.

WenlinC

146 posts

Posted by WenlinC > 2020-11-26 09:35 | Report Abuse

JAKS-WC worth 50sen at least !

GGecko

1,937 posts

Posted by GGecko > 2020-11-26 09:35 | Report Abuse

WC is having a fine run

thesteward

6,781 posts

Posted by thesteward > 2020-11-26 09:36 | Report Abuse

Congrats DK and all kindred spirits

WenlinC

146 posts

Posted by WenlinC > 2020-11-26 09:37 | Report Abuse

Everyone buy JAKS together, we made money together !

Posted by BroDontPlay > 2020-11-26 09:43 | Report Abuse

Nice flag pattern formed

luckyman

732 posts

Posted by luckyman > 2020-11-26 09:48 | Report Abuse

Warrant-B may be a better buy now as compared to Warrant-C since the premium is lesser

human

196 posts

Posted by human > 2020-11-26 09:49 | Report Abuse

short term traders selling pressure has to exhaust before the price can hike.

Windy1974

737 posts

Posted by Windy1974 > 2020-11-26 09:56 | Report Abuse

WC justifies a bigger premium as it got 2 additional expiry years. I would trade WC due to better liquidity. WB illiquid. WB ok if you spend less than RM10k

luckyman Warrant-B may be a better buy now as compared to Warrant-C since the premium is lesser
26/11/2020 9:48 AM

Windy1974

737 posts

Posted by Windy1974 > 2020-11-26 09:56 | Report Abuse

Bought more WC at 0.30

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