JAKS (4723) - JAKS RESOURCES BERHAD IPO Prospectus

Did the pariah conman Mike-tikus know Share of Profit in Joint Venture RM 53,715,000 need to be duducted in Net Cash generated from/(used in) Operating activities?

That is why Net cash generated used in Operating activities is negative RM (25,718,000) but this pariah conman Mike-tikus die die also must twist and turn it into postive:
3.) Net cash generated used in Operating activities: 25,718,000

The tak malu Mike-tikus now still act as FA guru and so thick skin to ask
why Jaks able to pay :
Selling n Distribution expenses & Other operating, administrative expenses = RM 17,492,000 ?

Didn't he know the PP money was used for the intend purpose of repayment of loan and for working capital
Proceeds from issuance of share capital RM 29,845,000.

So without the PP cash inflow of RM 29,845,000 can Jaks pay for Selling n Distribution expenses & Other operating, administrative expenses = RM 17,492,000 ?

Ann. Date
Date
Type
Units
Price
21-Jun-2024 24-Jun-2024 Private Placement 56,285,000 0.145
14-May-2024 15-May-2024 Private Placement 180,700,000 0.120

2 days ago

Hoho Tinkosonglee boyy why cannot answer ke ..become so mad ke .. started to woooff ke .🤣

—-

Posted by Johnchew5 > 1 hour ago | Report Abuse

Hoho TinKosongLee boyy why Jaks able to pay :

Selling n Distribution expenses & Other operating, administrative expenses = RM 17,492,000 .

And with Net Profit = RM 8.4 million

2 days ago

Aiyoyo,
Pariah conman Mike-tikus still wants to twist and turn Net Cash generated from/(used in) Operating activities negative RM (25,718,000) into postive 25,718,000

3.) Net cash generated used in Operating activities: 25,718,000

This is daylight fraud with intention to cheat newbie to chase high so that he can unload his jaks holding

2 days ago

musangfoxking

Newbies should be aware!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

2 days ago

Hoho TinKosongLee boyy why Jaks able to pay :

> QR ended June 2024 :

Selling n Distribution expenses & Other operating, administrative expenses = RM 17,492,000 .

And with Net Profit = RM 8.4 million

> QR ended March 2024 :

Selling n Distribution expenses & Other operating, administrative expenses = RM 15,997,000

And with Net Profit = RM 12.4 million

👉Note : CGPP 30MW Solar project is expected to be COD by 2025 .

2 days ago

Hoho own claimed FA Guru TinKosongLee boyy can tell forumers here how Jaks able to finance CGPP 30 MW Solar Project ?

2 days ago

The questions is the MOU signed by jaks for LSS5 worth just a toilet paper since jaks currently do not have money even for working capital?

2 days ago

Hoho so mad until become pariaa Konartist sslleee boyy woooffing ke 🤣:

No worries on LSS5 200 MW tendering as Jaks partner again with the Vietnam Power Plant 1200 MW China partner CPECC which hold 70 % , Jaks 30 % .. EPCC RM 8.7 Billion with 25 years concession, COD on January 2021 .

On LSS5 200MW tender : Jaks 51 % , CPECC 49 % .

2 days ago

Hoho Jaks CGPP 30 MW Solar RE can be export to Singapore… see my posts in YTLpower forum . Good news le .

2 days ago

Hoho Jaks 30 % holding in Vietnam Power Plant 1200 MW is invested RM 600 million…

2 days ago

ks55

Jaks? You must ask DK.
Very sad. DK no more around. Don't know where is he now.

2 days ago

Hoho LSS5 2000 MW tendering EPCC value is estimated RM 7.2 Billion..

200 MW is RM 720 million. Tendering sum of coz is a bit higher .

2 days ago

berbolabiru

i agree la

without working capital what to work?

2 days ago

Hoho as posted in YTLpower forum .

DK private group is divided into 2 groups:

1.) Just88 said DK had relinquished all positions in the group. But DK is interested to invest in latest Jaks PP.

2.) Ahsengkianjoo group.

—

Posted by ks55 > 28 seconds ago | Report Abuse

Jaks? You must ask DK.
Very sad. DK no more around. Don't know where is he now.

2 days ago

Jaks  

 1.) Vietnam Power Plant Share of Profit n Dividends :   
 
2020 : RM 3.8 million ( 1 Power Plant is COD on Nov 2020 )  

  2021 : RM 140.7 million ( The 2nd Power Plant is COD on January 2021 ) .  

  2022 : RM 156.2 million , Dividend RM 70.0 million  

  2023 : 1QR = RM 28.326 M , 2QR = RM 32.312 M , 3QR = RM 35.862 M , 4QR = RM 34.503 M plus Dividend RM 27.386 M  
 
2023 : RM 131 million , Dividend RM 27.385 million   

 Total Share of Profit = RM 431.703 Million  

 Total Dividend = RM 97.386 Million  

 Total = RM 529.089 Million  

 > Share of Profit in QR ended March 2024 =  RM 32.384 million  

 >> G. Total = RM 561.463 million

👉 Share of Profit in QR ended June 2024 = RM 21.331 million

Dividend = RM 14.207 million

2 days ago

LSS4: Revenue contribution of RM4.8 million was recognised and a profit before tax of RM0.4 million achieved from this division for the second quarter of 2024.

Jaks spend over RM 200 million for LSS4 50MV solar power and q2 revenue only RM 4.8 million and PBT RM 0.4 million.
Is that money well spent?

2 days ago

LSS4 50MW in Penang , COD on 21 August 2023 , with TNB PPA 25 years ( increased from 21 years) :

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 … 18%

4.) QR ended June 2024 :

Revenue : 4.8 million, Profit RM 0.4 million.. 8.33 %

Note : Loss is due to Depreciation.

2 days ago

DeoGlov
The dividend remittance used to be once a year especially end of the year. So currently it has been 2 quarter consistently.

2 days ago

Jaks is a highly geared & indebted Company
Where got dividend?
ASKING FOR HELP MAYBE

JAKS LATEST RESULTS: A LOOK INTO ITS BALANCE SHEET, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-30-story-h-153153260-JAKS_LATEST_RESULTS_A_LOOK_INTO_ITS_BALANCE_SHEET_Calvin_Tan

2 days ago

Hoho so far Jaks insiders are monitoring n managing Gearing ratio in a healthy level :

Jaks Gearing ratio

>> Vietnam Power Plant is a Capital Intensive Project with Value USD 1.87 Billion ( RM 8.7 Billion) ..  Construction is started on 2016 , 2 unit Power Plant final COD on January 2021 :

Jaks Gearing Ratio :

 

 1.) FYE2019 : 0.43 X  

  2.) FYE2020 : 0.34 X   

 3.) Referred to FY23 , 1 QR ended March 2023 : 0.375 X   

 4.) Referred to FY23 , 2QR ended June 2023 : 0.362 X  

5.) Referred to FY23 , 3QR ended September 2023 : 0.352 X

6.) Referred to FY23 , 4QR ended December 2023 : 0.350 X

7.) 1QR ended March 2024 :

Gearing Ratio = 0.293X  

8.) 2QR ended June 2024 :

Gearing Ratio = 0.303X 

—-

Posted by calvintaneng > 5 hours ago | Report Abuse

Jaks is a highly geared & indebted Company
Where got dividend?
ASKING FOR HELP MAYBE

1 day ago

Hoho Calvin still young posted at 2.00 am .👍

> Calvin can brief forumers Deposits placed with licensed banks is for what Purpose???

—-
Deposits placed with licensed banks

Rm12,074,000 (2024)

Rm 22,222,000 (2023)

Deposits dropped from Rm22.222 Millions to Rm12.074 Millions

Or dropped by Rm10.148 Millions (Drop by 45.6%)

1 day ago

Hoho Jaks got 2 Cash Cow Projects with Commercial Operating Date :  

 1) Vietnam Power Plant 1200 MW : January 2021 with 25 years concession .  

 2) Local Solar LSS4 Project 50 MW in Penang : 21 August 2023 with 25 years TNB PPA ( increased from 21 years )

👉Look forward to Solar CGPP 30 MW project which is scheduled COD by 2025 ..

1 day ago

Repost;
With quarter end 30/6/2024
Other Operating, Administrative Expenses RM (17,492,000)
Finance cost RM (7,182,000)

Balance sheet
Current bank borrowings RM 59,894,000

Cash & Cash Equivalents: RM '000
Deposits placed with licensed banks 12,074
Cash & bank balances 31,955
Bank overdrafts (5,877)
38,152
Less : Deposit held as security values (12,074)
Bank balance held as security values (5,585)
Debt service reserves account (8,364)
12,129

For sure jaks will have cash flow problem and need more cash call of PP or RI for working capital and repayment of bank loan.

Jaks is hopeless and only come back year 2030 for a second

1 day ago

Hoho Own claimed Yinson FA Guru TinKosongLee boyy why Tikus away from Yinson forum .🤣

1 day ago

Hoho TinKosongLee boyy feel like hopeless ke like u promoting SCIB without knowing the Major ( over 20 % ) is on Force Sell . Promoted until if not made 600 % Profit in 12 months ( by early 2025 ) will become woooff .

Feel hopeless ke started learning the sound ke .👍🤣

1 day ago

JediMaster1

Very sure JAKS will Bankruptcy and go 0 valua in one day !!!

1 day ago

Jaks :

> Current year 6 months ended June 2024 :

4.) Cash n Cash equivalents : 12,129,000

5.) Net Profit: 20,800,000

> Current year 6 months ended June 2023 :

4.) Cash n Cash equivalents : 5,302,000

5.) Net Profit: 33,200,000

1 day ago

Hoho r u in Bankruptcy , hibernation for so long ke .🤣

Posted by JediMaster1 > 5 minutes ago | Report Abuse

Very sure JAKS will Bankruptcy and go 0 valua in one day !!!

JediMaster1
JediMaster1 | Joined since 2017-05-15

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1 day ago

Hoho Calvin , is it Good or Bad on

Deposits dropped from Rm22.222 Millions to Rm12.074 Millions

Or dropped by Rm10.148 Millions (Drop by 45.6%)

—

Posted by Johnchew5 > 1 hour ago | Report Abuse

Hoho Calvin still young posted at 2.00 am .👍

> Calvin can brief forumers Deposits placed with licensed banks is for what Purpose???

—-
Deposits placed with licensed banks

Rm12,074,000 (2024)

Rm 22,222,000 (2023)

Deposits dropped from Rm22.222 Millions to Rm12.074 Millions

Or dropped by Rm10.148 Millions (Drop by 45.6%)

1 day ago

Balian de Ibelin

This MikeCheatYouCrazy always discover things a few years after the said Event occurred.
Serba case was 2022 punya story. Now only start to mention .......... recently at that.

1 day ago

Hoho as usual another lies by Kon i3lurker aka Balia or Paria as he said here pariaaa country, ppl n food.

—

Posted by Balian de Ibelin > 10 minutes ago | Report Abuse

This MikeCheatYouCrazy always discover things a few years after the said Event occurred.
Serba case was 2022 punya story. Now only start to mention .......... recently at that.

1 day ago

coxihem687

nice

1 day ago

JediMaster1

For SURE " JAKS " Bankruptcy and delected in bursa malaysia !!!

1 day ago

musangfoxking

u mean SELL jjaks?

1 day ago

JediMaster1

Yup SALE before it become zero valua !!!

1 day ago

Time debt 💣💣💣 is over Rm800 Millions

1 day ago

Later Serba 2
Suspended 😭

1 day ago

Get out now before it ends like Serba

👇

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-01-04-story-h1567003522-TOP_REASONS_WHY_SERBA_DINAMIK_IS_NOW_A_VERY_DANGEROUS_STOCK_TO_PUNT_527

1 day ago

Hoho as usual like in Netx ( share price divided by 25 as share consolidation 25 into 1 ) .. Conartist Calvin is best in Lying .. replied my call that he is Happily Retired on December 2020 … loss naked ran road for 3 months ..🤣

1 day ago

musangfoxking

Johnchew5@@
listen to calvintaneng FOR his words are words of wisdom!

1 day ago

Hoho Jaks currently a Calculated Risk Stock is turn around to be a potential Growth stock , why ? :

A) Jaks CEO ( the only substantial shareholder ard 14 % , after Uncle K intention to take over with 30 % on 2017/2018 ) had successfully steered the company diversified into Power industry: Vietnam Joint Venture Power Plant 1200 MW with CPECC , EPCC value RM 8.7 Billion… construction is started on October 2016 , fully Commercial Operating Date on January 2021 with 25 years concession:

As an 30 % associate joint venture company contributing share of profit n Dividend to Jaks since 2021 :

Jaks Annual Revenue and Net Profit / ( Loss ) :

1.) FYE2020 : RM 259.4 million with Loss ( RM 80.5 Million. )

2.) FYE2021 : RM 109.7 million with Net Profit RM 51.9 million.

3.) FYE 2022 : RM 89.8 million with Net Profit RM 53.5 million.

4.) FYE 2023 : Rm 37.787 million with Net Profit RM 15.527 million..

5.) FYE 2024 :

>> 👉1QR : RM 14.2 million with Net Profit RM 12.4 million.

>> 👉2QR : RM 13.1 million with Net Profit RM 8.4 million.

B ) LSS4 50MW Solar Project in Penang is COD on August 2023 with 25 years TNB PPA ( increased from 21 years ).

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 … 18%

4.) QR ended June 2024 :

Revenue : 4.8 million, Profit RM 0.4 million.. 8.33 %

👉( Note : Loss is due to Depreciation.)

C.) CGPP 30MW Solar project is awarded on August 2023 … COD is scheduled by 2025 .

D.) LSS5 2000MW Solar Project, EPCC value is estimated RM 7.2 Billion, tender RFP dateline is brought forward to 25/7/2024 from December 2024 ):

Jaks partner again with CPECC >>> 51% : 49% , tendered 200MW ….. Land : 1730 acres in Terengganu is leased from TDM .

E.) CAGR : 3Y + 29.9 % TTM + 28.4 %

14 hours ago

Repost:
Posted by Sslee > Aug 31, 2024 4:01 PM | Report Abuse X

Aiyoyo Mike-tikus
Why telling lies jaks FCF is positive and now another one CAGR 3Y +29.9%?

Mind telling how you get jaks CAGR : 3Y + 29.9 %?

Jaks Annual Revenue and Net Profit / ( Loss ) :
1.) FYE2020 : RM 259.4 million with Loss ( RM 80.5 Million. )
2.) FYE2021 : RM 109.7 million with Net Profit RM 51.9 million.
3.) FYE 2022 : RM 89.8 million with Net Profit RM 53.5 million.
4.) FYE 2023 : Rm 37.787 million with Net Profit RM 15.527 million..

5.) FYE 2024 :
>> 👉1QR : RM 14.2 million with Net Profit RM 12.4 million.
>> 👉2QR : RM 13.1 million with Net Profit RM 8.4 million

14 hours ago

My prediction FYE 2024 will be lost making due to impairment of trade and other receivables from the contruction contract of JHDP.

13 hours ago

Hoho repost from Jtiasa :

Posted by Johnchew5 > 4 minutes ago | Report Abuse

Hoho Jaks :

FCF Yield 0.73 %

CAGR : 3Y + 29.9 % TTM + 28.4 %

Hoho own claimed FA Guru in Yinson forum but Tikus away Ssleee ..🤣

Same same as asked me this Dumb Question during my case study in PA :

Why Labour expenses is increased during Production capacity expansion ? After I had posted many times , laughing at you … 2 years later LeeTikus twisted to Capex wow .. did not understand what is Capex ! What a shame FA Guru LeeTikus .🤣

12 hours ago

Repost:
Mike-tikus cannot answer a direct question and need to resort to twist and turn and slanderous.

Aiyoyo Mike-tikus
Why telling lies jaks FCF is positive and now another one CAGR 3Y +29.9%?
Mind telling how you get jaks CAGR : 3Y + 29.9 %?

12 hours ago

Hoho Repost from Jtiasa :

Posted by Johnchew5 > 4 hours ago | Report Abuse

Hoho Konartist sslleee despicable Kon tricks again … copied n post from TSH :

Posted by prudentinvestor > Aug 31, 2024 1:08 PM | Report Abuse
"Why want to tell lies everyday?"

Prudentinvestor post is attention to yr idol Conartist Calvin in TSH .

Ethical Sifu 3iii , Prudentinvestor and me are debating against Calvin in TSH , what a Despicable shameless ssleee follow Calvin Kon tricks since 2020 in Netx .

—-

Posted by Sslee > 15 minutes ago | Report Abuse

Aiyoyo Mike-tikus,
Why want to tell lies everday and in every i3forum you go?

Posted by prudentinvestor > Aug 31, 2024 1:08 PM | Report Abuse
"Why want to tell lies everyday?"
Hahaha, what a joke. A pathological and consummate liar accusing someone who obviously has been telling truth of being lying. A clown will always behave like a clown

12 hours ago

JAKS RESOURCES BERHAD
Registration No. 200201017985 (585648-T)
(Incorporated in Malaysia)
SUMMARY OF KEY MATTERS DISCUSSED
(MSWG QUESTIONS)
AT THE TWENTY-SECOND ANNUAL GENERAL MEETING OF THE COMPANY
Date : 27 June 2024, Thursday
Time : 10.30 a.m.

Question 6:
The Group has recorded negative cash flows from operating activities
for the third consecutive year.
A) What were the reasons for consecutive negative cash flows
in operating activities?

B) Which business segments are draining the group's financial
resources? What is management's plan for addressing the poor operating
cash flow performance?

C) What are the expected operating cash flows in FY2024? Does the
management anticipate another year of negative cash flows in operating activities?

12 hours ago

Mike-tikus now behave like calvin thus fit the description

Aiyoyo Mike-tikus,
Why want to tell lies everyday and in every i3forum you go?

Posted by prudentinvestor > Aug 31, 2024 1:08 PM | Report Abuse
"Why want to tell lies everyday?"
Hahaha, what a joke. A pathological and consummate liar accusing someone who obviously has been telling truth of being lying. A clown will always behave like a clown

12 hours ago