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 1 day ago

ming

2,081 posts

Posted by ming > 2021-04-12 13:44 | Report Abuse

U got to pass the ticket to operator first.. then oni it will up xD

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-04-13 08:46 |

Post removed.Why?

desire

767 posts

Posted by desire > 2021-04-13 10:04 | Report Abuse

Holland coming.. 20k lost here

Posted by trueinvestor > 2021-04-13 10:17 | Report Abuse

What happen to jaks?too many undeclared transaction?shock

Hui_k_c

78 posts

Posted by Hui_k_c > 2021-04-13 10:17 | Report Abuse

Sifu DK what happen to jaks? to hold or sell pls advise thanks

speakup

26,790 posts

Posted by speakup > 2021-04-13 10:21 | Report Abuse

jaks panic selling now

LittlePony

133 posts

Posted by LittlePony > 2021-04-13 10:35 | Report Abuse

Fcking stock...... Every day keep dropping

Posted by Steady Punpipi > 2021-04-13 11:15 | Report Abuse

Better cut loss or cut kuku later

speakup

26,790 posts

Posted by speakup > 2021-04-13 11:27 | Report Abuse

wow 59.5 gone.
dah panic selling

speakup

26,790 posts

Posted by speakup > 2021-04-13 11:29 | Report Abuse

60sen support broken. many retailers cut loss

Posted by trueinvestor > 2021-04-13 11:32 | Report Abuse

Something wrong with this company?keep falling...

Posted by Putrajaya666 > 2021-04-13 11:50 | Report Abuse

lets see next station, 0.55c then 0.45c gogogogogo

Davidl

1,816 posts

Posted by Davidl > 2021-04-13 11:54 | Report Abuse

Downtrend towards 50cts!

speakup

26,790 posts

Posted by speakup > 2021-04-13 12:04 | Report Abuse

sell jaks, swap to redtone

Newbieinshare

2,117 posts

Posted by Newbieinshare > 2021-04-13 12:05 | Report Abuse

Yes. I had predicted that it may drop to 0.6 2 weeks ago. Now 0.6 support also gone. Short term may revisit 0.55 area. Hopefully 0.55 can be supported

FaridIsland

1,341 posts

Posted by FaridIsland > 2021-04-13 15:03 | Report Abuse

Stil hold...huuu..hu

AnsonLiew

2,251 posts

Posted by AnsonLiew > 2021-04-13 15:52 | Report Abuse

newbieinshare dont talk cock here Lol

prince11

215 posts

Posted by prince11 > 2021-04-13 21:52 | Report Abuse

why dropping? if you can see clearly, of course because of their latest qr, they facing a huge loss. so, indirectly, investor confident are shaken.
hopefully jaks can turn to black in next qr to boost investor confident again.

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-04-13 21:53 |

Post removed.Why?

Posted by zhutouliang > 2021-04-14 09:28 | Report Abuse

alamak! conned by OTB again

desire

767 posts

Posted by desire > 2021-04-14 09:43 | Report Abuse

Am sure many here at lost now.huge

desire

767 posts

Posted by desire > 2021-04-14 09:44 | Report Abuse

Want to average how many more times down

Sslee

6,223 posts

Posted by Sslee > 2021-04-14 10:06 | Report Abuse

Dear all,
Only the removal of director need 10% voting rights shareholders requisition for an EGM

If you intend to send in requisition to include your motion/resolution of appointment of your nominee as non-executive independent director of JAKS Board for voting in the coming AGM the procedure as per below:

Should you wish to include a motion at the upcoming Annual General Meeting, please take note of the steps below.

Pursuant to Section 323 of the Companies Act, a motion may be requisitioned by shareholders if it is requisitioned by:

(i) members representing 2.5% of the paid-up capital with voting rights; or

(ii) at least 50 members with the right of vote, where the average paid-up sum for each member exceeds RM500 per member.

The requisition needs to be made in hard copy or electronic form. Should you wish to send us the form by e-mail, you will need to send us a scanned copy of the signed form, together with a copy of your identity card / passport number. The other 49 shareholders must also do the same and the text of the requisite resolution must not differ from yours.

All 50 notices must be sent to the Company/Company secretary at least 28 days before the Annual General Meeting. An attach CV of your nominee is required.

Bizfuneng

883 posts

Posted by Bizfuneng > 2021-04-14 10:39 | Report Abuse

@ Analyser
Pls provide link to this===> lifetime profit attributable to jaks is only USD213m.



--------------------------------------------->
Posted by asdzxcqwe > Apr 8, 2021 11:42 PM | Report Abuse

@Analyser
4) Power plant profit of RM180m per year is inaccurate. Is that full profit or Jaks' share only. As i know lifetime profit attributable to jaks is only USD213m.
-----------------------------------------------------------------------

If possible, can you share the source/article regarding the "lifetime profit attributable to jaks is only USD213m.". Try find it but couldn't.

RainT

8,448 posts

Posted by RainT > 2021-04-14 12:41 | Report Abuse

this one still have hope to up 100%?

Westeros

834 posts

Posted by Westeros > 2021-04-14 14:34 | Report Abuse

10% maybe...

LittlePony

133 posts

Posted by LittlePony > 2021-04-14 16:32 | Report Abuse

Hope 30%

ggcomliao

1,442 posts

Posted by ggcomliao > 2021-04-14 18:02 | Report Abuse

Sifu DK can add me to the group,, thanks

robertwts

126 posts

Posted by robertwts > 2021-04-15 13:54 | Report Abuse

Seems no much ppl buying .. will drop further ?

detouch

71 posts

Posted by detouch > 2021-04-15 15:29 | Report Abuse

Will back to 0.4sen

Posted by alibaba18 > 2021-04-15 16:04 | Report Abuse

RIP OTB

northside

137 posts

Posted by northside > 2021-04-15 16:25 | Report Abuse

0.3sen in the making

LittlePony

133 posts

Posted by LittlePony > 2021-04-15 19:09 | Report Abuse

Jaks Rip..... 阿弥陀佛

Newbieinshare

2,117 posts

Posted by Newbieinshare > 2021-04-15 19:10 | Report Abuse

Slow slow drop. 1 day drop half cent. 0.55 mari

Nepo

3,390 posts

Posted by Nepo > 2021-04-15 19:47 | Report Abuse

Bad stock

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-04-15 20:54 |

Post removed.Why?

luckyman

732 posts

Posted by luckyman > 2021-04-15 21:54 | Report Abuse

Best not to guess or predict the share price of this stock whether using FA or TA.

Posted by alibaba18 > 2021-04-16 09:15 | Report Abuse

OTB really got magic touch, hahaha

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-04-16 09:17 |

Post removed.Why?

Posted by stockup8 > 2021-04-16 10:03 | Report Abuse

Gov project announcing soon, buy now or otherwise next day gap up no chance liao

Hui_k_c

78 posts

Posted by Hui_k_c > 2021-04-16 10:10 | Report Abuse

Andy Lau cannot control the management and does not change the Ceo. The gold mine from vietnam will be dry out by this team.

Sslee

6,223 posts

Posted by Sslee > 2021-04-16 10:27 | Report Abuse

Jaks answer one of my question as below:

Dear Mr Lee

Thank you for your clarification.

Please find below the answer to your question:

Why Quarter end 31th DEC 2020: The Property Development & Investment division also had to re-state the gain on disposal of the 51% equity interest in JIC, from RM174.4 million to RM89.1 million when Quarter end 30th Sept 2020 clearly stated: The disposal resulted in a gain before tax of RM174.4 million and after taking into account the Non-controlling interest portion, the gain of RM89.0 is recognised by the Group?

The restatement of the disposal gain in the Q4 results announcement was advised by our Auditors to state the Net Gain after Non-Controlling Interest (NCI) of RM89.1 million instead of the Gross amount of RM174. 4million (before NCI) as reported in the Q3 results announcement. Nevertheless, there is no change in the Net Profit Attributable to the Owners of the Company (Group PAT) for the Q3 period which remains at RM26.746 million as per the Q3 results announcement. It is only a matter of presentation.


Thank you.

Regards
IR

Roy 8

340 posts

Posted by Roy 8 > 2021-04-16 10:48 | Report Abuse

Those who promote this counter not long ago must be licking their wounds now.

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-04-16 10:50 | Report Abuse

very jialat drop until no road too see

Analyser

63 posts

Posted by Analyser > 2021-04-16 14:56 | Report Abuse

Thanks sslee. the reply seems appropriate and now i understand what is happening as an ex-auditor.

the MFRS has been constantly changing in line with the IFRS and even group accountants are struggling with different treatments for consolidation adjustments. takes a lot of experience and reading to keep themselves up to date.

mitchu

324 posts

Posted by mitchu > 2021-04-16 16:34 | Report Abuse

Jaks flying already.analyst give good repoting

ming

2,081 posts

Posted by ming > 2021-04-16 19:39 | Report Abuse

Fly jor but no ppl comment.. mean retailers kena cuci out lo?

Sslee

6,223 posts

Posted by Sslee > 2021-04-16 20:40 | Report Abuse

Basic accounting.
If 51% JIC make NP of 174.4 millon
Then the P&L statement:
Net profit attributable to:
Owner of company: 89 million
Non controlling interest: 85.4 million

But since JAKS sold the JIC for RM 1 and JIC is no more 51% owned by JAKS how can you do P&L statement like this.

Then in Q4 NP negative199.5 million
Net profit attributable to:
Owner of company: negative 103. 2million
Non controlling interest: negative 96.3million

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-04-16 20:42 |

Post removed.Why?

Posted by BlessedInvestor > 2021-04-16 20:42 | Report Abuse

Thank you sslee for your kind sharings.

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