JAKS (4723) Overview - JAKS RESOURCES BERHAD

Repost from Yinson forum:
Mike-tikus not just a noob but also a liar, a slanderer and a loser.

Repost:
I had say what I needed to say about Yinson and Jaks

If only someone don’t open his mouth no one will know he is a noob. Unfortunately he work so hard to proof to everyone he is indeed a noob.😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

2 weeks ago

Repost
Stock: [YINSON]: YINSON HOLDINGS BHD
Dec 1, 2024 10:08 AM | Report Abuse

The problem with JHDP is using 10 years term loan to finance the project.

And hence once interest rate increase the FCF after paying interest and loan principal have nothing much to pay the dividend to shareholders.

Total Share of Profit = RM 431.703 Million
Total Dividend = RM 97.386 Million

So smart investors will only come back to have a second look at jaks year 2030.

Meanwhile those no so smart continues to ready your cash for more PP or RI.

By the way the PP investors are smart to subscribe for the PP at discount and then sell the shares back to sharehoders and pocket the profit.

So many rounds of PP but no new substantial shareholder (5% holding).

2 weeks ago

By the way Mike-tikus unashamedly using misinformation, fake facts and figures to promote jaks non-stop 24/7/365 for more than a year and half now and luckily no-one falls for his misinformation, fake facts and figures.

2 weeks ago

Jaks 9 months ended 30 Sept 2024
RM '000
(Increase)/Decrease in working capital
Contract assets 13,517
Trade and other receivables 17,671
Trade and other payables (43,024)

The above mean
Only RM 13,517,000 contracts assets received payment
Only RM 17 671,000 receivables received paymemt
And Jaks pay RM 43,024,000 on payables

As at 30 Sept 2024
RM'000
Contract assets 88,513
Trade and Other Receivables 397,921

So get ready for Q4 ended 31/12/2024
Big impairment of contract assets, Trade and Other Receivables.

2 weeks ago

joyvest

After a long break , I just pop in to see what is happening . It is traded at 0.13 now , very close to my prediction of penny stock by the end of this year. There are still a few days to go for Year 2024. Jaks is destined to be doomed and has been ditched/side lined by most investors. It is said that the profits shown in the books and records are purportedly fabricated. Hence they never intend to pay cash dividend to shareholders , not in a million years....

2 weeks ago

elunmask8

I only trust WHAT the auditors says in its Audit Report which has independently issued an UNQUALIFIED audit opinion on JAKS.

I couldn't care what other says especially those doom sayers OR those very optimistic sayers, whom may have their own agenda on JAKS

1 week ago

https://theedgemalaysia.com/node/736815

Unqualified audit opinion is an impetus to buy?

Hmmm 🤔

1 week ago

elunmask8

At least no hanky panky ma

1 week ago

Investing_Bursa

1 week ago

Investing_Bursa

JAKS' indirect subsidiary to raise RM250m via medium-term note programme

1 week ago

> Referred to Annual Report FYE2023 :

1.) Evolve Mall :
Occupancy Rate increased to 75 % from 59 % FY2022 .

2.) Pacific Towers Business Hub : Occupancy Rate increased to 54 % from 35% FY2022 .

1 week ago

a.) Evolve Mall : loan balance RM 206.4 million… net book value as at December 2023 is RM 280 million.

b.) Pacific Towers : loan balance RM 70.6 million… net book value for Business Hub Tower only as at December 2023 is RM 232 million.

The balance loans is the Syndicated Loan for LSS4 50MW in Penang which is COD on August 2023 ….

1 week ago

KUALA LUMPUR (Dec 6): JAKS Resources Bhd (KL:JAKS) said its indirect subsidiary MNH Global Assets Management Sdn Bhd has filed for the establishment of a medium-term note (MTN) programme of up to RM250 million with the Securities Commission Malaysia.

Public Investment Bank Bhd is the principal adviser, lead arranger and lead manager for the MTN programme.

As at 31/12/2023
MNH
Total assets RM 330,369,904
Total liabilities RM 401,404,457
Totol equity/net assets RM (71,034,553)

MNH is a PN17 company.
Will Public Investment Bank Bhd able to find any investors for the MNH RM 250 million medium-term note (MTN)?

1 week ago

Hoho let’s see see look look on the LSS5 tender winners outcome …tender dateline 25/7/2024 … EC is scheduled to announce the Winners by November 2024 … anticipating now is by December 2024 ….

1 week ago

Hoho >>>
Mnh Global Assets Management Sdn. Bhd. is a company in Malaysia, with a head office in Petaling Jaya. It operates in the Other Activities Related to Real Estate industry. The company was established on June 08, 2000. From the latest financial highlights, Mnh Global Assets Management Sdn. Bhd. reported a net sales revenue increase of 9.14% in 2022. There was a total negative growth of 5.62% in Mnh Global Assets Management Sdn. Bhd.’s total assets over the same period. The net profit margin of Mnh Global Assets Management Sdn. Bhd. increased by 62.14% in 2022.

Headquarters Unit B-09-28, Tower B Pacific Towers, Jalan 13/6, Section 13  Petaling Jaya; Selangor; Postal Code: 46200

1 week ago

MrFox

Hoho 0.10 not far

1 week ago

By Q4 result out with big impairment of contract assets and receivables and MNH MTN undersubscribe jak will has no choice but raise cash by PP or RI.

This time round the PP will be well below 0.1

1 week ago

Hoho referring to ur promoted Pump n Dump SCIB ke … blowing TP RM 1.00 by early 2025 …QR ended September 2024 is in Loss … going to be in PN17 ke with High DE…😱🤔

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Posted by Sslee > 14 hours ago | Report Abuse

KUALA LUMPUR (Dec 6): JAKS Resources Bhd (KL:JAKS) said its indirect subsidiary MNH Global Assets Management Sdn Bhd has filed for the establishment of a medium-term note (MTN) programme of up to RM250 million with the Securities Commission Malaysia.

Public Investment Bank Bhd is the principal adviser, lead arranger and lead manager for the MTN programme.

As at 31/12/2023
MNH
Total assets RM 330,369,904
Total liabilities RM 401,404,457
Totol equity/net assets RM (71,034,553)

MNH is a PN17 company.
Will Public Investment Bank Bhd able to find any investors for the MNH RM 250 million medium-term note (MTN)?

1 week ago

Hoho looks like loss naked in SCIB liaw …

Posted by Sslee > 44 minutes ago | Report Abuse

By Q4 result out with big impairment of contract assets and receivables and MNH MTN undersubscribe jak will has no choice but raise cash by PP or RI.

This time round the PP will be well below 0.1

1 week ago

MrFox

hoho..bot 0.31, now 0.13..holy grail to 0.10

1 week ago

Hoho included Pacific Towers ….

The proceeds from the issuance of the MTNs under the MTN Programme shall be utilised for the following purposes: a. to refinance the Issuer’s existing financings/borrowings, including to redeem/pay any outstanding MTNs issued under the MTN Programme (in whole or in part) and any part of interest/ coupon of the borrowings/ MTNs; b. to fund capital expenditure of the Issuer and/or the relevant obligor of the MTN Programme in relation to the management of Evolve Concept Mall, Pacific 63 commercial lots and such other properties to be identified and agreed between MNH Global, the Lead Arranger/Lead Manager and the identified subscriber of the MTN;

1 week ago

Summarised statements of financial position as at 31 December 2023:
FP MNH Total
RM RM RM
Non-current assets 232,040,920 324,605,814 556,646,734
Current assets 910,656 5,764,090 6,674,746
Total assets 232,951,576 330,369,904 563,321,480
Current liabilities 221,684,498 204,961,046 426,645,544
Non-current liabilities 64,635,068 196,443,411 261,078,479
Total liabilities 286,319,566 401,404,457 687,724,023
Total equity (53,367,990) (71,034,553) (124,402,543)

Summarised statements of profit or loss and other comprehensive income for the financial year ended 31 December 2023:
FP MNH Total
RM RM RM
Revenue 4,167,025 6,096,978 10,264,003
Expenses including taxation (10,817,016) (6,740,356) (17,557,372)
Net loss for the financial year, representing total comprehensive loss for the financial year (6,649,991) (643,378) (7,293,369)

1 week ago

MNH as at 31/12/2024
Current liabilities RM 204,961,046
Non-current liabilities RM 196,443,411

The MNH RM 250 million medium-term note (MTN) can hardly cover the MNH Current liabilities RM 204,961,046 and how many of Non-current liabilities RM 196,443,411 become due in 2025?

1 week ago

ks55

Aiyoyo Samy.

Still got people interested in this self-enrichment company?

No hope for this type of company, not even the former die-hard promoter.

1 week ago

ks55

No more DK.
No more OIB.

Just Sslee still pursuing?
It is another Xinquan.........

1 week ago

Hoho what happened to Crescendo.. so Low Profits on the Land Sale ? Self Enrichment ke ???

Jaks is Better le ..

JAKS Resources to dispose of oil palm land in Penang for RM77.7 mil
By Choy Nyen Yiau / theedgemalaysia.com
09 Sep 2024,

In a filing with the stock exchange, the construction and power utilities group said it is selling four plots of the land to Summersonic Sdn Bhd for RM35.9 million, and the remaining 13 plots to Pacific Arena Sdn Bhd for RM41.8 million.
JAKS Resources said the land located in Seberang Perai Selatan had a net book value of RM15.97 million as of the end of December 2023. The group expects a net pro forma gain of RM50.38 million from the disposal.

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Stock: [CRESNDO]: CRESCENDO CORPORATION BHD
17 hours ago | Report Abuse
Crescendo selling another 18 acres in NCIP for rm 120 million, or m 150 per sf (rm 6.5 million per acre), net profit is rm 62 million or 7 sen per share.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3507433

1 week ago

Hoho someone shy away from YTLpower forum after he challenged OIB on SWOT analysis in Investing.. but he himself cannot provided the facts n figures… bla bla bla saying how to provide ???? 🤣🤣🤣🤔

1 week ago

Me long ago already sold jaks for my free bintang beer.

Only kasien Mike-tikus trapped high in Jaks and had to hard sell his jaks with misinformation, faked facts and figures to lure any newbie to buy high from him to no avail.

I will only have a second look at jaks in year 2030 hopefully jaks will still here unlike Xingquan

1 week ago

Hoho oh referring to yr Promoted Omesti ke … Price RM 0.08 … 8 consecutively QR are in Loss !😱

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Posted by Sslee > 5 hours ago | Report Abuse

By Q4 result out with big impairment of contract assets and receivables and MNH MTN undersubscribe jak will has no choice but raise cash by PP or RI.

This time round the PP will be well below 0.1

1 week ago

Hoho Repost :

Jaks : catched the Bottom Fishing at RM 0.185 on April 2023 ( 👉 after Sslleee posted sold Jaks on April 2023 since 2017 ) ... Up to RM 0.225 in 2 months .. then invested at RM 0.19 on July 2023 .. Gap Up on 1/9/2023 to RM 0.245 …

As said earlier 2025 Shl be Jaks year .. since LSS5 Tender RFP dateline is brought forward to 25/7/2024 from December 2024 .. focus back to Jaks .

1 week ago

Hoho what a pity le .. sslleee never win in investing since 2016 to 2023 .. even told Lies on his First Win ..

After Xingquin ( Delisted on 2019 ) , Netx (2020 ) n Jaks ( since 2017 ) .. became a Kon in Netx on 2020 …

1 week ago

Haha,
For someone never win in investing to earn about 270k+ dividend alone in a year and now still holding million in jayatiasa. I must be a very lucky man unlike someone trapped high in jaks and very shy to tell how many million jaks share he is holding currently.

1 week ago

Hoho what a pity le … working alone in Indonesia at 64++++ … No CNY holidays… even mumm is out from icu le ..

Became a kon since 2020 …

1 week ago

MrFox

hoho bot jaks 0.31, now 0.13, what a pity!

1 week ago

Hoho KonFoxy loss naked in Fintec
<<Netx — Fintec( mother ) — Adamas HK stock / Nasdaq ( Grandma )>>

“ Words of Wisdom “ 🤥🤣🤣🤣

Fintec >>>

2017 : share consolidation 3 into 1

2017 : RI

Nov 2020 : RI at RM 0.08

Apr 2024 : share consolidation 30 into 1

1 week ago

Rubbish lah this stock !!!

No bank dare to borrow money to this junk company !

No body want to subscribe this company junk RI or PP !

Terrible dry of cash this junk stock !!!

1 week ago

Who ever still holding this stock sure will will loss until sale under pants 😂

1 week ago

Hoho why yr promoted Lambo since 2020 is Delisted on October 2024 .. loss naked oredi ke ?? 🤣🤣🤣

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Posted by JediMaster1 > 19 hours ago | Report Abuse

Who ever still holding this stock sure will will loss until sale under pants 😂

1 week ago

Jedi master wouldn’t buy the junk stock as you mentioned Lambo and Jaks both are trash stock 😂😂😂

1 week ago

musangfoxking

hoho.....jjohnchewing jaks at 0.32! now 0.135! what a pity

1 week ago

Priva already overtake jaks because of below MOU.

When will ALP also come up with MOU for Data ceter?

PRIVA
0.140
+0.005 (+3.7%)
MEMORANDUM OF UNDERSTANDING Privasia Technology Berhad [Registration No.: 200801023769 (825092-U)] (PRIVASIA or the Company) Memorandum of Agreement between Privabytes Sdn. Bhd (formerly known as Digital Medtech Solutions Sdn. Bhd.), an indirect subsidiary of Privasia, MARA Incorporated Sdn. Bhd. and FELCRA Berhad.

1 week ago

Start of Bull is smart.. sold off all at 19

That coconut Felix still stuck on penthouse 19 floor 🤣

Wonder when can he jump off this pirate ship 😁

1 week ago

Genovese

Post removed.Why?

1 week ago

Genovese

Post removed.Why?

1 week ago

Hahhaha.. Since when i3 has a profit/loss meter on personal wealth? 🤣🤣🤣

Lose is lose... Coconut Felix dont need to pusing2 🤣🤣🤣

As if you win, you report how much you won... now say lose 2k only 🤣🤣🤣

What a pusing2 loser

Dont forget your losing challenge in Pmcorp expiring in 4 months. 😁😁

1 week ago

Genovese

Post removed.Why?

1 week ago

https://www.youtube.com/watch?v=JMJyj3g0dis&list=RDJMJyj3g0dis&start_radio=1&rv=bUCd9OaTCuI

Huh.. Coconut Felix is sick?

When did I not accept your challenge?

Everyone knows you running away from all my challenges.. like you bff Miketikus.

Why pusing2 again to challenges? Lost out again? Caught pusing2 again? cacing squirm again? 🤣🤣🤣🤣

Make 1 challenge now if you dare. Dont make it 1 sided as you usually do ya 🤣🤣🤣

1 week ago

xiaoeh

1 week ago