JAKS RESOURCES BERHAD

KLSE (MYR): JAKS (4723)

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Last Price

0.135

Today's Change

-0.005 (3.57%)

Day's Change

0.135 - 0.14

Trading Volume

3,697,000

Meeting


Ann. Date Date Time Type Venue View
Discussions
41 people like this. Showing 50 of 64,552 comments

Johnchew5

Post removed.Why?

1 week ago

Sslee

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 week ago

Johnchew5

Post removed.Why?

1 week ago

Johnchew5

Post removed.Why?

1 week ago

JediMaster1

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

1 week ago

Johnchew5

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 week ago

Johnchew5

Post removed.Why?

1 week ago

Johnchew5

Post removed.Why?

1 week 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 week ago

Johnchew5

Post removed.Why?

1 week ago

coxihem687

nice

1 week ago

JediMaster1

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

1 week ago

musangfoxking

u mean SELL jjaks?

1 week ago

JediMaster1

Yup SALE before it become zero valua !!!

1 week ago

calvintaneng

Time debt 💣💣💣 is over Rm800 Millions

1 week ago

calvintaneng

Later Serba 2
Suspended 😭

1 week ago

Johnchew5

Post removed.Why?

1 week ago

musangfoxking

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

1 week ago

Johnchew5

Post removed.Why?

1 week ago

Sslee

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

1 week ago

Sslee

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

1 week ago

Johnchew5

Post removed.Why?

1 week ago

Sslee

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 %?

1 week ago

Johnchew5

Post removed.Why?

1 week ago

Sslee

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?

1 week ago

Sslee

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

1 week ago

Johnchew5

Post removed.Why?

1 week ago

JediMaster1

The only way can save your money is SALE this stock ! Hopeless !!!

1 week ago

Sslee

Again Mike-tikus can't or dare not answer a direct question:
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 %?

And still spamming his cut and paste gibberish.

1 week ago

musangfoxking

Karma will act accordingly ! those who lie will be punished, physicslly, emotionally snd financially!

1 week ago

Johnchew5

Post removed.Why?

1 week ago

Johnchew5

>> 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 :


See Jaks insiders had been monitoring n controlling the Gearing Ratio in a Healthy Level : 




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


1 week ago

Johnchew5

Jaks

Investment in Joint Venture:

QR ended

> March 2016 = 128,297,000

> March 2019 = 197,171,000

> March 2020 = 362,479,000

> March 2021 = 601,150,000
( note : Profit from Construction of the Power Plant is ard RM 400 Million .. Final COD on January 2021 )

> March 2022 = 748,656,000

> March 2023 = 829,105,000

> September 2023 = 897,378,000

> December 2023 = 904,495,000

> March 2024 = 936,836,000

> June 2024 = 943 ,960,000

1 week ago

Johnchew5

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


>> G.Total = RM 597 million.

1 week ago

Huangbk72

Jaks FCF past 5 years

2020 -11,051.7680
2021 -34,748.3200
2022 -221,265.4700
2023 -72,209.4400
2024 (TTM) -27,115.4400

All the blowing water and farting exercise doesnt change the fact that Jaks business is in trouble for years.

Lies and more lies. Despicable

Posted by Johnchew5 > 4 minutes ago | Report Abuse

Hoho Jaks :

FCF Yield 0.73 %


CAGR : 3Y + 29.9 % TTM + 28.4 %

1 week ago

Johnchew5

Jaks

Referred QR ended June 2024 on key points:

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

(Note : there are ard 600 employees in Vietnam Joint Venture Power Plant 1200 MW on 2022 )

Operating Loss after Finance Cost = ( 17,291,000 )

👉Share of Profits in Joint Venture = 21,331,000

> PBT = 4,040,000

> PAT = 3,932,000


Total Comprehensive Income = RM 3,932,000


👉👉Net Profit to Owners of the Company = RM 8,422,000.

1 week ago

Sslee

Aiyoyo pity Mike-tikus
Not even know how to treat associate company account:

(Note : there are ard 600 employees in Vietnam Joint Venture Power Plant 1200 MW on 2022 )
Is he implied or telling lies again that Selling n Distribution expenses & Other operating, administrative expenses = RM 17,492,000 included 600 employees in Vietnam JV?

Allow me to remind him share of profit from associate company is paper pofit and did not involve any cash inflow to jaks.

Jaks is currently depend on yearly PP or RI for working capital and loan repayment.

1 week ago

Johnchew5

Post removed.Why?

1 week ago

Johnchew5

Jaks Free Cash Flow by Quarterly :

30/9/2023 :

Free Cash Flow : + 6.21 million
Free Cash Flow Growth : + 146.08 million

31/12/2023 :


Free Cash Flow : + 61.48 million
Free Cash Flow Growth : + 889.59 million


31/3/2024 :


Free Cash Flow : - 37.79 million
Free Cash Flow Growth : - 161.47 million



30/6/2024 :

Free Cash Flow : - 11.96 million
Free Cash Flow Growth : + 68.34 million



>>>

Jaks Free Cash Flow by Yearly :

31/12/2021 :

Free Cash Flow : - 28.17 million
Free Cash Flow Growth : + 34.28 million


31/12/2022 :

Free Cash Flow : - 171.22 million
Free Cash Flow Growth : - 507.73 million



31/12/2023 :

Free Cash Flow : + 3.78 million
Free Cash Flow Growth : + 102.21 million

1 week ago

Johnchew5

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

1 week ago

calvintaneng

tikus Mikecyc aka johnchew5 only bluff here bluff there twist figures

Jaks is a doomed company

better sell all and don't look back

go buy 🌴🌴🌴

Cpo Rm3900 MT and cost of Cpo production low at Rm2,000 MT means very safe and good

long after jaks gone bankrupted 🌴🌴🌴 continue to do well

4 days ago

Starisborn

Those who advocate sell…. Have u sold?

If u have sold…. Why bother to continue to post negative things in this forum?

Tak masuk akal!

If u are happy … u buy and keep the shares. If u are not happy… the door is always open for u to get out 😎

3 days ago

wbuffet2

No worries...I still sleep well.

Have be accumulating more and more shares to increase my portfolio exposure as it is not everyday you get to spot a gem that has potential to double or triple your $$$😃

16 hours ago

The_JQuestion

sslee cabut already ? faster make some bad comments so u can collect more

15 hours ago

Sslee

Me collecting jayatiasa.

15 hours ago

musangfoxking

smart guy

15 hours ago

The_JQuestion

wow first time bole listen to sslee , maybe change over new leaf

15 hours ago

Sslee

Collected some DXN too.

11 hours ago

Income

Hu hu

10 hours ago

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