JAKS RESOURCES BERHAD

KLSE (MYR): JAKS (4723)

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Last Price

0.28

Today's Change

-0.005 (1.75%)

Day's Change

0.275 - 0.29

Trading Volume

4,608,900

Overview

Market Cap

572 Million

NOSH

2,042 Million

Avg Volume (4 weeks)

3,955,787

4 Weeks Range

0.27 - 0.335

4 Weeks Price Volatility (%)

15.38%

52 Weeks Range

0.27 - 0.60

52 Weeks Price Volatility (%)

3.03%

Previous Close

0.28

Open

0.285

Bid

0.275 x 1,102,100

Ask

0.28 x 4,000

Day's Range

0.275 - 0.29

Trading Volume

4,608,900

Financial Highlight

Latest Quarter | Ann. Date

31-Dec-2021 [#4] | 24-Feb-2022

Next QR | Est. Ann. Date

31-Mar-2022 | 21-May-2022

T4Q P/E | EY

11.03 | 9.07%

T4Q DY | Payout %

0.00% | 0.00%

T4Q NAPS | P/NAPS

0.61 | 0.46

T4Q NP Margin | ROE

27.28% | 4.13%

Market Buzz
Company Profile

Sector: CONSTRUCTION

Sector: CONSTRUCTION

Subsector: CONSTRUCTION

Subsector: CONSTRUCTION

Description:

Jaks Resources Bhd is an investment holding company. It is organised into six main reportable segments - Manufacturing segment comprises mainly manufacturing of pipes; Trading segment comprises trading in sheet piles, steel bars, mild steel and special pipes, other steel related products, building materials and supply of products for water supply industry; Construction segment Comprise mainly provision of sub-contracting activities; Investment segment involves investment holding activities; Property Development and Property Investment segment is engaged in the development of residential and commercial properties and management of development shopping mall. Its principal geographical areas for its operations are located in Malaysia and Vietnam.

Discussions
35 people like this. Showing 50 of 53,500 comments

curiousq

Just88 Public forum very toxic, sifus all driven away.
------------------------

then, why you are here? why dont stick to private group?
sifus runaway from private group too?

2 weeks ago

Just88

curiousq, I m no sifu. I m just someone who wish to get free info from sifus in i3.

2 weeks ago

SinGor

I still think coming Qr is still a Loss......minimum 20mil ( i even Top-Up Vietnam contribution by 12mil )
Reason: i donT think this coming Qr is any different from last Qr...even drag down by CNY and lack of
local projects contributions ).......Surprise me Jak pls

1 week ago

Just88

There was some kitchen sinking exercises during last Qr. It is unlikely for Jaks to record losses in the coming Qr. I expect the profit to be similar to Q3 last year.

1 week ago

Aseng

nothing I ever said is irrational or unreasonable
it is based on facts and data prepared by a qualified accountant and a power plant expert
but many smart sifu here who are NOT well versed or well trained in accounting fond of using their common sense to tell great stories.
if common sense is true knowledge , then we do not need a professional to tell us what is valid and unbiased
this is the first lesson that you have learnt for a serious investment
second lesson : why a retailer always lose money ?
reason given by WB : they can not afford to become rich slowly
Third lesson : what moves the stock price ?
reason given by KYY : any good news about the local loss making property segment , may it a disposal or break even , any good news about the power plant and good news about new energy project , any good news about the cash flow will make you see a new life in your investment .
my investment is to make big money , may it be once in a year or 5 years or 10 , but once it is done . i am no more poor . who bother Hengyuan will achieve RM8 tomorrow . what I want I am no more poor and talk lauder here ,whenever i am free to do so and whenever I enjoy to do so

5 days ago

Aseng

bye . good lucks

5 days ago

curiousq

what he is writing? anyone can understand?
kyy bought this stock due to the reasons above?

5 days ago

curiousq

kyy still holding this stock?

5 days ago

Gotyou

When the 1,200MW coal fired Jaks Hai Duong Power Plant ("JHDP") which is 30% owned by Jaks Resources, started commercial operation in Jan 2021, international coal price was around USD60 and the price has since soared to over USD400. So the big question is "Can JHDP still remain profitable ?"

Most investors will find it difficult to concur as the primary feed stock, Coal, has gone up way too much beyond limits and imaginations in such short span of time. Does the power purchase agreement signed with the Vietnam national grid offer unrestrained protection for JHDP to remain profitable regardless?

The short answer given by sifu DK was "YES". He said JHDP will remain profitable as long as the power plant is in good operating conditions.

DK seems very confident on his research and knowledge of the power purchase agreement. However, if he is wrong, Jaks will suffer huge losses in its coming results. Is that the reason why its price is so depressed now ? Will the price stage a relief rally if DK is proven right ?

4 days ago

i3lurker

from comments you have zero knowledge and experience of powergen

buying something which you know nothing is even worse than buying 4D or gambling at Genting casino

4 days ago

i3lurker

the final consumer always pays ie Vietnam ah moi
Viet Govt subsidy means less susu for anak

so Viet gov will buy min per contract
anything wrong with plant, you die coz Viet gov waiting for chance not to pay.

4 days ago

Gotyou

i3lurker, please enlighten us. Can JHDP make money in the coming results ?

4 days ago

looiting

Finally, we almost go below RM0.30 just as I said to Aseng many months ago. Aseng disagreed, but look at the price now. Preparing to buy below that. Thank you everyone for making this happen

4 days ago

skl4723

KUALA LUMPUR (Oct 11): JAKS Resources Bhd has given investors assurance that the recent fluctuations in coal prices will not impact the group’s profit generated from one of its power plants in Vietnam.

This is because coal prices for JAKS Hai Duong Power Plant in Vietnam are passed through to the off-taker, Vietnam Electricity, said JAKS chief executive officer Andy Ang Lam Poah in a statement on Monday.

“The coal supplied to the power plant is entirely sourced locally, via the coal supply arrangement signed with Vietnam National Coal-Mineral Industries Group, commonly known as Vinacomin, to ensure a stable supply of coal for 25 years. In light of this, JAKS is not exposed to the risk on the global coal price fluctuations,” he said.

3 days ago

SinGor

The coal supplied to the power plant is entirely sourced locally, via the coal supply arrangement signed with
_________________________________________

The only problem with this type monopoly coal supply is " if you donT increase price, supply of Vietnam
Coal will just vanish in thin air ( siphon out to China thru Black market ). A very Good example is Malaysia
Cigarette Tax ( 55% ),..................."for every One Cigs produced in Malaysia, another one is smuggle in from Indonesia "

3 days ago

valueinvestor33

The problem is not because of shortages in coal. What is haunting the investor all these while is the non stop fund raising exercises. Is the management giving any assurance that they have sufficient fund to finance and run its ongoing working capital.

3 days ago

looiting

Very bad result is coming

2 days ago

Aseng

Very bad .
1. Ir you use the company performance to prove me wrong , then you are my sifu
If you use the price to prove me wrong in the short term , then you are my sifut (back side)
I doubt you understand what I am talking about . Do you ?

2 days ago

Aseng

what "Gotyou" said is common sense .
what "Skl4723" said is true fact

hope my good friends have learnt a good lesson

2 days ago

Aseng


this forum is full of misleading and biased information
new comers and readers are advised to read the comments with a pinch of salt
of course, that include my comment too.
what I can tell you honestly is that
Jaks is not a gem that is not as easy to unearth as you think
common sense and wild guessing will certainly not do a good job here
I can't share with you all the latest development discussed in our group
it is not because we are unkind or selfish
it is because it is too tire for us to correct all the distortions that we are going to face it if we do so.


2 days ago

valueinvestor33

Those who didn’t join the group were better off. To be honest, they would not have to go through this suffering process. Many of them are caught at sky high prices because there are too many KAKI Kong and KAKI Song fans & investors who are not actually over confident but also refused to accept the facts. Heard the one created the group already left sometime ago, anyone can confirm ??

2 days ago

valueinvestor33

Let the investors to judge it. Motivational talks are useless.

2 days ago

Aseng

another talk of frustration and disappointment .
if you are that rational thinking as your name has suggested , then you will be that emotional in your talk

2 days ago

Aseng

mind to share with us your failure in your Jaks investment

2 days ago

Aseng

talk something out of your own true experience is more valuable than that out of your imagination and frustration

2 days ago

Aseng

if I were you , then I will talk about my failure in this investment
real experience is anytime more convincing that proving other wrong which you know nothing about

2 days ago

Aseng

may be you should learn from Sslee
the way he invests in Insas
the true experience he fail to protect his profit
did he make himself less respectful doing so
did you make yourself more respectful when you prove other wrong or personal attack
NO! people do not see you logic
people see your disappointment and frustration
why there are such an emotion ?
your answer is as good as any reader here .

2 days ago

Aseng

how much you hate is how much you love
if not , what are you here for ?
no better stock to buy ?
no better person to make you a better investor?
have you ever wonder
why I am still very comfortable and undisturbed when Jaks is at its historical low now ?
why?
my reason for the investment still valid and has not changed
I have a reasonable exit plan that is still too early to expire
that is the difference
you never see me cry father or cry for every cent of price changes .

learnt ?

2 days ago

Aseng

I am teaching to invest like WB
if WB were to do value investing as you did
then you will see him cry father and cry mother when UPSTART in his portfolio dropped from USD400 to USD25 .
but he did not
why ?
the reason he invested in the stock still remain intact and unchanged

2 days ago

Aseng

did you see our sifu Phillip cry father and mother when he see his PLTR dropped from USD29 to USD 8.00 ?

NO!

why ?

he knows what he is doing !!!!!

2 days ago

Aseng

so, what is my final advice for you before I go back to my own group ?

invest like WB ?

how ?

always has plentiful of cash to invest when there is an opportunity

if not , you will be defeated by your own distress not the market

2 days ago

Aseng

i hope next time I come
I see some solid argument
not you common sense , imagination or wild guessing

frustration and disappointment , i will just ignore

BYE ......
good lucks

2 days ago

curiousq

you loss a lot of money in this stock?

2 days ago

looiting

More downsides coming for this stock. Easily 0.25

2 days ago

Jyen

Aseng, can you help me to get back to the private group?

1 day ago

Jyen

@Aseng Why can’t I access the messager site?

1 day ago

YeahLoo

@Jyen, use desktop or notebook to access; Phone & iPad are not allow.

1 day ago

Pinky

really jiak sai stock hahaha

1 day ago

valueinvestor33

Funny right, the group leader exit from group forum. Something is not right, nothing to argue.

1 day ago

valueinvestor33

Doing nothing is obviously not a good strategy when you see something is falling from the sky. Standing still and doing nothing had led to many having huge paper losses. Members must think rationally and don’t let your mind controlled by some KAKI KONG a& KAKI SONG in the forum. Your money you decide for yourself.

1 day ago

SinGor

last Qr loss 36mil, 1Q22 results was due 21May....further delay release means holland again

1 day ago

firehawk

KAKI KONG a& KAKI SONG

BUT

Do Not Dare to mention 1.50 again :D :D :D

20 hours ago

Sslee

Good morning,
My Insas Market cap is now below its net cash. Can you beleive it?
Why not when it is a fact.

JAKS
Market Cap:582 Million
NOSH:2,042 Million
Avg Volume (4 weeks):3,849,381
4 Weeks Range:0.27 - 0.335
4 Weeks Price Volatility (%):23.08%
52 Weeks Range:0.27 - 0.605
52 Weeks Price Volatility (%):4.48%

So JAKS now selling for 28.5 sen.
Can you beleive it? Why not when it is a fact now.
And it is also a fact that Aseng beleive JAKS should worth RM 1.50 and I beleive Insas should at least worth RM 1.50.

19 hours ago

garychee8

Dont worry guys, crap master still advocate buy now and go away..to holland

19 hours ago

yourmom1

where is s0r hai bee?

18 hours ago

paktua73

paktua admit lost here..
after try to fight abit long..

was cutlost previously after hit rm0.30..
hard but as swing trader..
lose n earn is part of trading world..



tut tut
hurt but need to move on..

17 hours ago

YeahLoo

I believe this 1/22 quarter should be profit around 20-30m

16 hours ago

software guy

drop to 0.24 possibility is getting stronger

14 hours ago

i3lurker

only bad news

no good news

=> Vietnam will only buy minimum power due to coal and high water availability
=> Too many abandoned solar plants in Malaysia due to 40% jump in construction costs.
=> The Shopping Center is dead, Long Live the Shopping Center

13 hours ago

curiousq

0.50 happy already, let WB earns 1.50 !

7 hours ago

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