KLSE (MYR): JAKS (4723)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.18
Today's Change
0.00 (0.00%)
Day's Change
0.175 - 0.185
Trading Volume
28,838,400
Don't waste time and fool around with Jaks (no catalyst)
See
HEXCAP (0035) is now Oversold. Time to Accumulate in View of TNB RM90 BILLIONS CAPEX 2025-2030, Calvin Tan
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-07-25-story-h-156043017-HEXCAP_0035_is_now_Oversold_Time_to_Accumulate_in_View_of_TNB_RM90_BILL
3 days ago
Haha Hexcap :
Haha oredi asked you to Sell Hexcap to avoid Greater Loss …
1.) January 2024 proposed PP … tak laku tak jadi 😱
2.) April 2024 EGM proposed PP n is approved … No News 😱…
Posted by Mikecyc > 16 hours ago | Report Abuse
👉😅Haha as posted earlier.. if dropped below RM 0.54 … Alert .. as Point 3 ( Swing Swing Swing phase ) may be over …
Posted by Mikecyc > 18 hours ago | Report Abuse
Posted by Mikecyc > 1 week ago | Report Abuse
Posted by Mikecyc > 1 week ago | Report Abuse
Haha Be Alert :
Posted by Mikecyc > 2 days ago | Report Abuse
Haha alamak RM 0.63 is a Hurdle …oh This is a 🦖 ke … takut la org..
Posted by Mikecyc > 2 days ago | Report Abuse
Posted by Mikecyc > 3 days ago | Report Abuse
Stock: [HEXCAP]: HEXTAR CAPITAL BERHAD
1 day ago | Report Abuse
Stock: [HEXCAP]: HEXTAR CAPITAL BERHAD
1 day ago | Report Abuse
👉👉Haha Hexcap : Point 1 RM 0.71 ( Peak range) …. Point 2 RM 0.495 ( Slide Down ) … Point 3 RM 0.545 ( Swing Swing Swing phase … will not higher than RM 0.63 ) … Point 4 ( Down Trend)
3 days ago
Latest news from VN to further reduce reliance on coal power plant. It’s seismic
This could be the main reason Toyo cancel coal power plant project in VN
https://www.usnews.com/news/business/articles/2024-07-24/vietnam-allows-big-companies-to-buy-clean-energy-directly-to-meet-their-climate-targets#:~:text=July%252024%252C%25202024%252C%2520at%252012%253A29%2520a.m.&text=HANOI%252C%2520Vietnam%2520(AP)%2520%E2%80%94,on%2520the%2520country's%2520overstrained%2520grid.
3 days ago
Know what is equity accounting?
It take a policy change, turbine, boiler crack, transformer fire and etc to massively write off assets of JHDP.
3 days ago
By the way since this is BOT or a concession asset at the end of concession the value of JV will be Zero
3 days ago
Haha Tin Kosong in TA , can share some Bright candle light …
Btw I am busy in YTLpower forum …
3 days ago
Update : is Terminated oredi ..
Toyo Ink’s Vietnam Power Plant Project Brink Of Termination? News Report
By Editor - April 30, 2024
News report has emerged in Vietnam that Malaysian based company Toyo Ink Group Berhad investment project of Song Hau 2 Coal Thermal Power Plant is on the brink of termination.
This comes after the Ministry of Industry and Trade said that it will wield an iron fist on delayed projects and give chance to projects that are switching from coal.
The news report by Vietnam Energy Online highlighted Toyo’s US$3.23 billion Song Hau II scheme which is still having problems on funding and if it can’t resolve the matter by July 1 2024, the Ministry will send a notice of termination, which means cancellation of the contract.
In December, subsidiary of the group Toyo Ventures proposed to settle RM354 million out of the RM355 million it owes to its creditors in relation to the Vietnam power plant project through the issuance of RM354million nominal value of five-year, zero-coupon irredeemable convertible unsecured loan stocks.
Background on the project, in 2007, Toyo Ink Group Berhad, a wholly-owned subsidiary of Toyo Ventures submitted a proposal to undertake a power plant project in a suitable province in Vietnam. TIGB had since jointly worked with the local authorities and consultants in Vietnam to explore and locate a suitable site for the power plant project. In pursuance of the study and assessment of the availability and suitability of the existing infrastructure, it had since decided to construct the power plant on a build-operate-transfer basis at the Song Hau Power Complex in Hau Giang Province.
Subject to the finalisation of the detailed specifications for the Project, the ancillary infrastructure of the Project, and the associated project documents, the total investment, as already approved by the Vietnamese Government, is estimated at USD3.24 billion (equivalent to approximately RM14.36 billion) which the group intends to be financed through a combination of equity funds and bank borrowings.
3 days ago
Jaks
Refer 4QR ended December 2023 :
Non Current Assets :
PPE. 296,599,000
Investment Properties 584,206,000
Investment in Joint Venture. 904,495,000
—
>> 1QR ended March 2024 :
Non Current Assets :
PPE. 294,107,000
Investment Properties 587,948,000
Investment in Joint Venture. 936,836,000
3 days ago
Spend so much money in LSS4 and what jaks can show is PPE and miserable revenue of RM 5.3 million and PBT of RM 0.96 million for quarter end 31/3/2024.
Will LSS4 be lose making during raining season?
Following the successful completion and achievement of commercial operations date for the 50MW solar photovoltaic project under the Large-Scale Solar (“LSS”) 4 Programme in August 2023, the Power-Energy division commenced its businessoperations of generation and delivery of renewable energy to Tenaga Nasional Berhad (“TNB”) under the Power Purchase Agreement with TNB. Revenue contribution of RM5.3 million was recognised from this division for the first quarter
of 2024. With higher revenue achieved, this division achieved a profit before tax of RM0.96 million in the current quarter
3 days ago
👉 Haha Insas forum became konartist sslleee paid Macai Pokkai kon Ularsawa …..and Kon qqq47760 ( Ori id qqq3333 n aka qqq1212 , both are banned permanently) platform to promote Hk /China n US stock …
Beware those sweets talks on US n HK stock for promoting online trading platform…maybe scam platform as news article is published.
3 days ago
Haha Repost from YTLpower :
Haha i watched YouTube on Afred Chen interview YB Yeo Bee Yin a few days ago :
( She was then appointed as the Minister of Energy, Science, Technology, Environment and Climate Change under Pakatan Harapan administration (2018-2020).)
During her tenure as Minister, she asked Singapore shall need RE supply .. Singapore declined but recently had asked her to assist on RE supply .
YB Yeo said Singapore shl need 4000 MW RE … as demand from DC n EV …
MNC companies like Microsoft , Google n Amazon would Prefer RE on their DC power supply as these companies had signed RE100 .
Malaysia CGPP 800MW had been awarded , Shl be COD by end 2025 … CGPP winners can choose their offtaker , not only TNB .. can export to Singapore but must use TNB grid as TPA ( Third Party Access ) .
3 days ago
Haha Repost from YTLpower :
YTLpower
Referred QR ended March 2024 :
1.) PowerSeraya n TNB Genco entered into an arrangement to export n import 100 MW of electricity to Singapore via the newly upgraded interconnector between the 2 countries.. ( per YB Yeo YouTube interview, there shl be an upgraded cost , 3rd party supplier with Standby charges n wheeling charges ) .
In addition , the lifting of export ban by the Malaysian Government on Renewable Energy.
3 days ago
Haha anticipating the RE requirement from TNB Genco Shl be Greatly increasing:
LSS4 COD on 21 August 2023 :
1.) QR ended September 2023 :
Revenue : 3.3 Million , Loss ( RM 1.4 Million)
2.) QR ended December 2023 :
Revenue: 4.3 Million , Loss ( 0.4 Million )
3.) QR ended March 2024 :
👉Revenue: 5.3 Million , Profit RM 0.96 Million
Note : seems like Depending on TNB power requirements..
3 days ago
mike, jaks bull market also cannot go up, u want to wait for bear market to go up meh?
3 days ago
Haha qqq44 I am in YTLpower debate against yr ex colleague , old kawan n old enemy Otb whom said you r a Fake accountant , Tippu org kena pukul dekat office.. betul tak ..😱
3 days ago
Let’s do a comparison of Jaks with 2 other Solar Companies ..
👉Jaks NTA 0.63 , the other 2 NTA : 0.35 n 0.3033 …
👉Jaks had Won the 6 years Legal battle against Star claim from Federal Court on March 2024 .. now is counter claimed Star over RM 540 million which case management is scheduled by August 2025 ..
👉Despite continual contributions from Vietnam Power Plant … LSS4 is expected to be contributing positively by 2024 ..( Completed n Commissioned on 21 August 2023 with 25 concession years tenure .) :
1.) QR ended September 2023 :
Revenue : 3.3 Million , Loss ( RM 1.4 Million)
2.) QR ended December 2023 :
Revenue: 4.3 Million , Loss ( 0.4 Million )
3.) QR ended March 2024 :
👉Revenue: 5.3 Million , Profit RM 0.96 Million
👉 Jaks : PE 35.65 with EPS 0.53 Sen
👉👉Illustration: If EPS 1.06 Sen … PE = 35.65/2 = 17.83
With NOSH 2606.84 million … Required Profit RM 27.63 million..
👉👉👉 Price then Shl be .. RM 0.38 ( by Direct ratio )
👉👉👉👉See Jaks yearly Profit :
2021 : RM 51.9 million
2022 : RM 53.5 million
2023 : RM 15.5 million
2024 ( 1st Quarter) : RM 12.4 million
-
Jaks :
ROE 0.84
P/E 35.65
EPS 0.53
NTA 0.6300
Solarvest :
ROE 13.20
P/E 39.35
EPS 4.6
NTA 0.3500
Samaiden :
ROE 10.55
P/E 38.49
EPS 3.20
NTA 0.3033
3 days ago
jaks has no credibility. cheated people way too often.
fundamentals of coal plant is bad, people every where want to replace with greener and cheaper alternatives. marginal costs of coal plants already higher than full costs of solar electricity
3 days ago
Latest news from VN to further reduce reliance on coal power plant. It’s seismic
This could be the main reason Toyo cancel coal power plant project in VN
https://www.usnews.com/news/business/articles/2024-07-24/vietnam-allows-big-companies-to-buy-clean-energy-directly-to-meet-their-climate-targets#:~:text=July%252024%252C%25202024%252C%2520at%252012%253A29%2520a.m.&text=HANOI%252C%2520Vietnam%2520(AP)%2520%E2%80%94,on%2520the%2520country's%2520overstrained%2520grid.
3 days ago
Haha Calvin , can forget Hexcap oredi .. oredi asked you to sell when you started posting in Hexcap…
3 days ago
A dumb investor like Auntie Huang Bok Kai still dare to talk so much and commenting other people's posts. Ask yourself who you are first. What is your achievement? Nothing!! Only failures!!
Dumbass investor Huang Bok Kai flagship investment in year 2024. All Kaputing!!!
Baidu going to break 52 weeks low!!!
Baidu Inc
HKG: 9888
Overview
Compare
Financials
85.50 HKD -21.30 (-19.94%)past 6 months
25 Jul, 3:12 pm GMT+8 • Disclaimer
Her another dumb investment Bester also going to break 52 weeks low.
Sudah lah bodxh, jangan berlagak panlai!! 🤣🤣🤣🤣🤣🤣
China Bester Group Telecom Co Ltd
SHA: 603220
Overview
Compare
Financials
18.90 CNY -3.12 (-14.17%)past 6 months
25 Jul, 3:00 pm GMT+8 • Disclaimer
2 days ago
Better don't be led astray by Mickey mouse about Jaks
Jaks has not been able to get anything good out of JV
In fact what happened to Jaks building Star Building for Star Media in PJ ended with unsolved lawsuits
Its partner with China for Viet Power plant until now full of RECEIVABLES (IOU) No real money received
And this partnership with TDM for solar also shaky. While Jaks got lawsuit with Star Media TDM also being sued by Indon Govt
Better Avoid Jaks
See
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2018-07-29-story-h1454387655-DANGER_DANGER_DANGER_JAKS_HAS_TURNED_INTO_JAWS_BETTER_RUN_FOR_YOUR_LIFE
2 days ago
One more warning
Jaks owners rewarded themselves with free shares while both TSH, Rsawit & Hexcap bosses use their own hard earned monies to buy Co shares (never get things for free)
https://klse.i3investor.com/web/insider/detail/D_138697_2048698648
2 days ago
Haha Good early morning, Calvin … Forget Hexcap lo .. as you said is a 🦖 during 2 houses racing : Jtgroup vs Hexcap… why bodo le u don’t know T-Rex mkn org ke …🤣🤣😅
2 days ago
Haha Repost partially from YTLpower :
Posted by Mikecyc > 10 hours ago | Report Abuse
Haha Jaks partner with the China partner in EPCC Vietnam Power Plant 1200 MW , ard RM 8.7 Billion… Completed , Commissioned n COD on January 2021 …
👉Jaks COD LSS4 50 MW project on August 2023 … ahead of schedule.. where as some other LSS4 winners still request for schedule extension..
👉Being awarded CGPP 30 MW on August 2023 ..
The Corporate Green Power Programme (CGPP) operates through a dynamic energy delivery and transaction process involving three key parties. Under the Corporate Green Power Agreement (CGPA), the Corporate Consumer agrees to purchase energy generated by the Solar Power Producer at an agreed price or price structure.
—
Jaks To Lease Land In Terengganu For LSS5 Project
By Editor -
July 25, 2024
JAKS Resources Berhad announced that its wholly-owned subsidiary has signed a Memorandum of Understanding with TDM-YT Plantation Sdn Bhd, a subsidiary of TDM Berhad to lease of lands in Terengganu for the development of solar photovoltaic (“PV”) plant under the Energy Commission’s fifth Large Scale Solar programme.
2 days ago
Haha Thanks for your Link article, Investing_Bursa :
Posted by Investing_Bursa > 12 hours ago | Report Abuse
https://www.businesstoday.com.my/2024/07/25/jaks-to-lease-land-in-terengganu-for-lss5-project/
2 days ago
Haha Calvin oredi shown his Dumbasx in Netx ( as he said here ppl bodo in Netx ) that he cannot understand Financial Report … he said PPE investment is more that RM 8.5 mi.. I derived is RM 9.511 million.. and asked him where to derive the figure , he became bodo ..🤣🤣🤣🤔
2 days ago
Haha Calvin , I am learning TA as posted in Jaks n YTLpower … I never seen you touch on TA .. are you bodo in TA ke …🤣🤣🤣
2 days ago
Haha Sslee , just fyi , during debated against Calvin in Netx .. we posted morning , night … 11.00 pm , 1.00 am , 4.00 am … still young mah …
2 days ago
Hahaha TA?
Jaks caused Uncle K to have lost Rm165 mil
Jaks will show you "paper profits" but ask you for monies by rights issue
Your pocket will be full of holes
TA?
Yes
Say "TA TA" to your money
Better go buy palm oil shares which give good dividends
2 days ago
Nice statement Mike 👏👏👏
Many people still dreaming on TP 6.30 which just a dream. Power of dream or build your dreams only.
Posted by Mikecyc > 23 minutes ago | Report Abuse
Haha also posted earlier … Fund Managers accumulated from RM 0.90 to RM 2.00 … unloading is expected ard RM 4.00+ due to Large Volume n in 3 cycles… After hit 4 cycles, I am posted is no more unloading… But now how many cycles oredi ???
And based on YTLpower Fundamental Ratios … will other fund managers accumulating at price range RM 4.00 to RM 5.00 ???
2 days ago
Jaks where got extra cash to do Solar farm?
It has lots of IOUs in balance sheet
Prepare to come out by Rights issues asking for monies
Can say:"TA TA" OR BYE BYE NOW
LET IT GO
LET IT GO
GO SWITCH TO PALM OIL
THESE FULL OF PROFITS
WILL GIVE GOOD DIVIDENDS
STAY SAFE IN 🌴🌴🌴
2 days ago
They say.
He who fights and run away will live to fight another day
Run now!
https://klse1.i3investor.com/web/forum/forum-thread/600167328
2 days ago
Haha really laugh live me lo ..Why Uncle K n his wife Loss ard 89% of their investing capital ??? R u that Bodo n Dumbasx cannot read also ?? Asked yr partner in Netx Kon Stockraider or yr previously also use Choivo Capital…
—
Posted by calvintaneng > 1 hour ago | Report Abuse
Hahaha TA?
Jaks caused Uncle K to have lost Rm165 mil
Jaks will show you "paper profits" but ask you for monies by rights issue
Your pocket will be full of holes
TA?
Yes
Say "TA TA" to your money
Better go buy palm oil shares which give good dividends
2 days ago
Haha a Bodo in Financial Reports n TA … Best in Big Cannon .. ppl call u Cannon Tan in TSH ..🤣🤣🤣
2 days ago
Bodo?
This mikecyc got mental problem
He thinks Speakup and Stockraider is the same person
If he cannot differentiate between two persons how to trust him giving financial advise unless you want to encounter disaster
See
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2016-12-18-story-h1449597130-What_other_i3_investors_forum_members_said_about_Calvin_Tan_unsolicited
2 days ago
Haha I need to repeat so that this Bodo Conartist Cannon Tan can see n read … his Brain got problems ke …🤣🤣😱
Your partner in Promoting Netx , kon Stockraider used many aka id : Kon stockraider aka Gohku aka Speakup …aka Tesla123
Why Speakup didn’t dare to reply me on whether he is Stockraider.. I had asked many times … need Conartist mentally disordered bla bla bla 🤣🤣🤣
Is Gohku same character with Stockraider… just pretending only …
2 days ago
a bit of uptick to 18.5. Keep the momentum going. downside 10% with upside of 100%
2 days ago
Haha Thank you for the Repost from YTLpower:
Posted by Jeffrey > 3 hours ago | Report Abuse
Nice statement Mike 👏👏👏
Many people still dreaming on TP 6.30 which just a dream. Power of dream or build your dreams only.
Posted by Mikecyc > 23 minutes ago | Report Abuse
Haha also posted earlier … Fund Managers accumulated from RM 0.90 to RM 2.00 … unloading is expected ard RM 4.00+ due to Large Volume n in 3 cycles… After hit 4 cycles, I am posted is no more unloading… But now how many cycles oredi ???
And based on YTLpower Fundamental Ratios … will other fund managers accumulating at price range RM 4.00 to RM 5.00 ???
2 days ago
Haha Repost from YTLpower:
Jaks
Haha compared to Jaks :
The only Substantial shareholder is the CEO with 14.6 %
Note : All in Pledge Accounts.
No Institutional investors.
Adjusted Float: 92.5%.
👉 The CEO is a Good market player that had prevented Uncle K intention to take over on 2018 ( NOSH is Less than 500 million shares ) . He Loss ard 89 % of his investing Capital ( ard RM 165 million) .
👉 Won the 6 years Legal battle against Star claim from Federal Court on March 2024 .. now is counter claimed Star over RM 540 million which case management is scheduled by August 2025 in High Court.
👉 RI in Warrant RM 0.25 is issued on 2018 to Prevent the Take over is expired on December 2023 .
👉 Along the years keep issued PP with Down Fixed Price until the Last Listed on 24/ 6/2024 Fixed Price is Up at RM 0.145
👉 PP can offered to potential 30 investors.
👉 The CEO is well planned n successfully steered the company diversified into Utilities/ Power which completed , commissioned n COD on January 2021 of the 1200 MW Vietnam Power Plant , EPCC RM 8.7 Billion with 25 years concession.
Partner with a China Partner .. Jaks 30 % : China Partner 70 % .
👉 COD the LSS4 50 MW in Penang on August 2023 , ahead of Schedule, with 25 years concession.
👉 Being awarded CGPP 30 MW ( Solar ) on August 2023 .
👉Now tendering with China Partner again on LSS5 2000 MW.. tender RFP dateline is on 25/7/2024 . Each bidder can bid up to Maximum 500 MW , Project capital is RM 1.8 Billion. Jaks 51 % : China Partner 49 % .
Top Shareholdings
Updated on 24-Mar-2023
Shareholder % Value (M)
Ang Lam Poah 14.6% 62.29
Tee Tiam Lee 1.45% 6.19
Liew Moi Fah 1.1% 4.69
Ooi Chin Hock 1.0% 4.27
Etiqa Life Insurance Berhad 0.93% 3.97
Tan Eng Piow 0.92% 3.92
Dennis Koh Seng Huat 0.63% 2.69
Mohamad Zaidee bin Abang Hipni 0.62% 2.64
Chor Chee Heung 0.6% 2.56
Ng Hin Seong 0.59% 2.52
Dato' Razali Merican Bin Naina Merican 0.51% 2.18
Mat Nasir Bin Mohamed 0.51% 2.18
Ang Ken Seng 0.5% 2.13
1 day ago
Repost:
👉 700 hectares ( 1730 acres) for 200 MW … Project capital RM 800 million
Aiyoyo Mike-tikus no more blowwater 500 MW?
Question:Regarding the RM200 mil syndicated loan for the LSS4 solar farm, what is the interest rate%
Answer: The Interest rate is between 5% - 6%
21 hours ago
Haha Jaks partner with the China partner in EPCC Vietnam Power Plant 1200 MW , ard RM 8.7 Billion… Completed , Commissioned n COD on January 2021 …
👉Jaks COD LSS4 50 MW project on August 2023 … ahead of schedule.. where as some other LSS4 winners still request for schedule extension..
👉Being awarded CGPP 30 MW on August 2023 ..
The Corporate Green Power Programme (CGPP) operates through a dynamic energy delivery and transaction process involving three key parties. Under the Corporate Green Power Agreement (CGPA), the Corporate Consumer agrees to purchase energy generated by the Solar Power Producer at an agreed price or price structure.
—
Jaks To Lease Land In Terengganu For LSS5 Project
By Editor -
July 25, 2024
JAKS Resources Berhad announced that its wholly-owned subsidiary has signed a Memorandum of Understanding with TDM-YT Plantation Sdn Bhd, a subsidiary of TDM Berhad to lease of lands in Terengganu for the development of solar photovoltaic (“PV”) plant under the Energy Commission’s fifth Large Scale Solar programme.
Chief Executive Director Andy Ang Lam Poah said, “We are pleased to announce our collaboration with TDM-YT Plantation in the renewable energy sector.
This MOU enables JAKS to secure a land lease agreement, which is essential for our LSS5 submission. Our partnership with China Power Engineering Consulting Group International Engineering Co. Ltd. has the potential to increase renewable energy capacity in the state of Terengganu and brings benefits to the local community. Leveraging our robust capabilities and strong track record in renewable energy projects, we are confident in the success of this initiative.”
4 hours ago
4 important reasons you must avoid Jaks
1. Jaks always involved in doubtful lawsuit
Never did a proper Job in Pj Section 13 Star Media building and later kena sued
2. Leaving Star Building uncomplete Jaks ventured into Viet power plant in partner with China
Here only got Receivables (iou) no cash
3. Again Jaks went in jv with Tdm. Tdm itself got lawsuit with Indon Govt
4. And avoid this mikecyc with mental problem
He cannot see the difference between Stockraider and Speakup
Better sell away all Jaks and run now
https://klse1.i3investor.com/web/forum/forum-thread/600167328
51 minutes ago
Mikecyc
Haha really laugh live me lo .. Why Conartis Callvin replied my call that Happily Retired on December 2020 .. ran Road for 3 months .. returned on March 2021 after Plantation Group is recruited by Wendy . Loss until mentally problems ke …
Why Conartist so Poor until told Lies on board a Cruise Ship Holiday to Thailand on December 2019 during Promoting Netx … So poor until cannot afford Cruise Ship tickets ..🤣🤣🤣 👉 Loss until mentally problems said here ppl Bodo ..
Your partner in Promoting Netx , kon Stockraider used many aka id : Kon stockraider aka Gohku aka Speakup …aka Tesla123
Why Speakup didn’t dare to reply me on whether he is Stockraider.. I had asked many times … need Conartist mentally disordered bla bla bla 🤣🤣🤣
3 days ago