JAKS RESOURCES BERHAD

KLSE (MYR): JAKS (4723)

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Last Price

0.135

Today's Change

0.00 (0.00%)

Day's Change

0.135 - 0.14

Trading Volume

6,361,100

Profile
JAKS RESOURCES BERHAD

Exchange:  Bursa Malaysia Bursa Malaysia

Country Code:  MY MY

Currency:  MYR MYR

Sector:  CONSTRUCTION CONSTRUCTION

Subsector:  CONSTRUCTION CONSTRUCTION

Index Group:  CONSTRUCTION CONSTRUCTION

Category:  ORDINARY SHARE ORDINARY SHARE

Syariah Flag:  Yes Yes

Short Sell Flag:  Yes Yes

IDSS Flag:  Yes Yes

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.

Address
Discussions
41 people like this. Showing 50 of 64,799 comments

Huangbk72

Many still believe Jaks will plumb to new low even when touched 12c

Shorted position remains top 25

Stock Code Short Name Long Name Total NS Position
(Volume)
% of Total NS
Position
4723 JAKS JAKS RESOURCES BERHAD 14,910,993 0.57

Chamlo.. Miketikus forgot to check this data 😂

1 week ago

MrFox

That's y am waiting for 0.10

1 week ago

jjohnchew

Hoho ssleee had been shouting like in Pasar Malam if price dropped CEO will be margin call as all in Pledge Accounts, oredi tested the Lowest Price at RM 0.12 ..

1 week ago

jjohnchew

Total Net Short Position for 01/03/2024

4723
JAKS
JAKS RESOURCES BERHAD
17,802,683
0.75 %

1 week ago

jjohnchew

Hoho CEO Ang is the only Substantial Shareholder with 14 % ( FYE2023 ) …. Not like during the Take Over intention on 2017 : 9.9 % vs 30 % … CEO Ang smart actions until the 30% be margin call , lost ard 89 % of the investment capital.

1 week ago

Vincenzo999

Auntie Huang Bok Kai 🥒 , FYI I already locked my Topglov profit 4 rounds. More than 100% accumulated gain!

This morning just placed my bet for the 5th round profit.

How about your Cina Bester? Negative 32.25%??? Laugh live me. Before President Xi market boost, it was almost 40% lost ma. Why you so dumb one?

1 week ago

Huangbk72

Can coconut Felix share with everyone how you calculate negative 32.25%?

Some day you use google 1 year, some day you use YTD and sometime during your menses, you use 6months 🤣🤣🤣🤣

Lie until no need to blink eyes and only out to slander

1 week ago

Sslee

Aiyoyo Mike-tikus,
Are you a little boy?

Sslee @klee,
Anything to say to Mike-tikus who see ghost everywhere?

Repost from jaks forum
jjohnchew Hoho ssleee yr ❤️Pokkai tin Kosong Huang had followed u to Yinson with aka id Klee, told his best lies that made 1000 % on Yinson C35 wow .. followed u ke made profit RM 250,000 on Insas WC !!🤣
26/09/2024 3:56 PM
26/09/2024 4:05 PM


klee sslee,me bz with poultry n eggs,no time for that lil boy...
26/09/2024 4:45 PM

1 week ago

Vincenzo999

Auntie Huang Bok Kai tin kosong, 6 months ago you bullshxxxt in TG forum this Bester China so good bla bla, today the share price lost 32.25%. In the same period of time I locked profit 4 times in TG. Don't bullshxt you lock profit on a waterfall stock ya.


China Bester Group Telecom Co Ltd
SHA: 603220
Overview
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Financials
19.18 CNY -9.13 (-32.25%)past 6 months
26 Sept, 3:00 pm GMT+8 • Disclaimer

1 week ago

Huangbk72

Hahaha... O Coconut Felix... no wonder you are most hated person in i3 🤣🤣🤣

Slandering is bad for health.

U forgot so fast? I was laughing at you because my Bester gained 27% in 1 month. Very soon.. very soon.. Will lock last round Bester profit

Why you so quiet on Baidu? Cos now profit and momentum cannot be stopped? 🤣🤣🤣

Very soon.. U will have nothing to talk about China stocks. Want me to feed you another new stock? Hahahahahhaha

1 week ago

MrFox

Now carrying baskets to collect at 0.10

1 week ago

Vincenzo999

This shameless dumbass Auntie Huang Bok Kai again bullshxxt lock profit on a stock going downhill. 🤣🤣🤣🤣

No balls to post her buy or sell move in this forum.

When the share price crashed she hibernated for weeks, immediately after president Xi's booster plan she pop up here.

Auntie Huang President Xi going to kon you for 2nd round. China economy is in deep shit now.

1 week ago

Vincenzo999

Still negative!!

Baidu Inc
HKG: 9888
Overview
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Financials
95.75 HKD -8.65 (-8.29%)past 6 months
26 Sept, 4:08 pm GMT+8 • Disclaimer
See Topglov that you condemning day and night, Up 25.95%!!! 🤣🤣🤣🤣🤣

Top Glove Corporation Bhd
KLSE: TOPGLOV
Overview
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Financials
1.02 MYR +0.21 (25.93%)past 6 months
26 Sept, 5:00 pm MYT • Disclaimer

1 week ago

jjohnchew

Post removed.Why?

1 week ago

jjohnchew

Hoho what a low iq ssleee ran out of idea, getting tinkosong like yr lover Huang ke …why yr little bro cannot stand up !!!🤣😂😂



—-

Posted by Sslee > 2 hours ago | Report Abuse

Aiyoyo Mike-tikus,
Are you a little boy?

Sslee @klee,
Anything to say to Mike-tikus who see ghost everywhere?

Repost from jaks forum
jjohnchew Hoho ssleee yr ❤️Pokkai tin Kosong Huang had followed u to Yinson with aka id Klee, told his best lies that made 1000 % on Yinson C35 wow .. followed u ke made profit RM 250,000 on Insas WC !!🤣
26/09/2024 3:56 PM
26/09/2024 4:05 PM


klee sslee,me bz with poultry n eggs,no time for that lil boy...
26/09/2024 4:45 PM

1 week ago

jjohnchew

Hoho ssleee do you believe yr lover Huang only invested one stock PMCorp in KLSE but so active in i3 after hibernated more than 7 years from 2014 to 2021 ..🤣

1 week ago

jjohnchew

Post removed.Why?

1 week ago

jjohnchew

Hoho interesting le , let’s do a case study on Jaks “ potential “ moat :

There are five types of moats:

* Low-cost production; Vietnam JV Power Plant 1200 MW production cost is managed within PPA agreement n Coal Supply agreement for 25 years until 2046 , and >

JHDP shall be exempted from corporate income tax for 4 years and 5% tax rate for another 9 years from 1st year with taxable income or 4th year whichever is earlier.


* High switching costs; successfully diversified into Power / utility industry , Vietnam power plant 1200 MW , EPCC RM 8.7 billion.

To be continue :

* Network effects;
* Intangible assets;
* Efficient scale.

1 week ago

jjohnchew

The LSS4 programme saw 30 winning bidders in total, comprising 10 projects of 50mw each, and 20 projects of between 10mw and 29.99mw. According to the EC website, only 11% out of the 823mw awarded has been completed as at 4Q2023.

An industry source says a number of companies had dropped out from the LSS4 programme, while many have missed the end-2023 COD.


Last month, Energy Transition and Water Transformation Minister Datuk Seri Fadillah Yusof said there would be no more extensions for delayed LSS4 projects. This means that those that have not completed their projects will have to pay the agreed amount of penalties.

1 week ago

jjohnchew

Hoho the Good News is >>>

👉(TNB) was raised to 21.8 sen per kilowatt hour (kwh) effective August 2023 .

Meanwhile, the system’s marginal price under the New Enhanced Dispatch Arrangement (Neda) wholesale market is averaging about 25 sen per kwh as at June 2023, which is “a decently large premium to LSS4 winning bids of 18 to 20 sen per /kwh for 30-50MW packages,” .

1 week ago

jjohnchew

Jaks LSS4 50 MW Project in Penang with Free Hold Lands is completed, commissioned n COD on August 2023 >> one of the earliest LSS4 winners achieved on the COD schedule.

1 week ago

jjohnchew

Hoho LSS3 allowed Foreign MNC companies to tender but LSS4 did not allowed Foreign company to tender … looks like LSS5 2000 MW Shl be Less competitive ( LSS4 lowest bid is RM 0.14 / kwh) :

As posted earlier on LSS5 2000 MW tender :

1.) Samaiden : tendered 100 MW

2.) Solarvest : ??? , recently issued PP for funding CGPP projects , expected RM 56.7 million but Only achieved RM 28.6 million on 23/5/2024 .

3.) Jaks : tendered 200 MW .. with intention up to limit 500 MW …. Land : 1730 acres in Terengganu to be leased from TDM with rental RM 578 per acre per year .

1 week ago

jjohnchew

Hoho Sslee whom always shouting Jaks with another PP for fund raising… why this time on CGPP 30 MW Project no need issue PP , construction is scheduled start on 4Q 2024 .

1 week ago

jjohnchew

Hoho thanks to Sslee whom posted with currency exchange rate situations, Jaks JV Vietnam Power Plant 1200 MW asset value with EPCC RM 8.7 Billion ( USD 1.87 billion) shl be greatly reduced .

Referred to BOT 25 years contract :

BOT contract
* 25 years from commercial operation date (COD).
* The power plant shall 👉👉👉be transferred to Vietnam Ministry of Industry and Trade (MOIT) at no charge after 25 years.


An illustration on Jaks with 30 % :

> 30 % of RM 8.7 billion = RM 2.6 billion over 25 years .

> Jaks 30 % with investment RM 600 million ( Cash RM 200 million , RM 400 million from EPC2 construction contract Profit ) .

> Vietnam JV power plant is COD on January 2021 > BOT 25 years is maturity on 2046 .

> ROI as at June 2024 = RM 997 million

997 /200 = 499 %

Note : Sslee now see the difference on Free Cash Flow Growth as posted earlier, hope u r not that low iq le .🤣

1 week ago

Huangbk72

As usual, the biggest shameless liar Coconut Felix will lie to slander. Same as YTLP

He will only talk about TopGlove success which is not even verified and forget all his other failures 😂



1 week ago

Vincenzo999

Old man Huang Bok Kai could not sleep well last night. 5am in the morning posting here. Go see doctor, could be prostate enlargement problem or kidney problem 🤣🤣🤣🤣

1 week ago

Huangbk72

Haha.. for a 9-5 worker like you.. u have to do everything fixed

I sleep anytime I want.. that’s called flexibility

Didn’t I reminded to all out USA and China market last month? Now reaping all the fruits. 😁

People play stock, u play sand 🤣

1 week ago

Sslee

Mike-tikus/little boy do you missed Felix?

1 week ago

jjohnchew

Hoho ssleee can do simple maths illustration ke :

Jaks from 2021 to June 2024 with profit fr Vietnam Power Plant : 997 million - 400 million = RM 597 million ..

with BOT contract for 25 years , how much is the Profit ???

1 week ago

Sslee

Aiyoyo Mike-tikus can you do addition 997 million????

The EPCC JHDP power plant paper contruction profit will suffered how many millions impairment??

1 week ago

jjohnchew

Hoho ssleee can Jaks Profit more than the 30 % of Vietnam Power Plant EPCC RM 8.7 billion ke ?

1 week ago

Huangbk72

I wonder if Miketikus is aware VN Dong is weakening against usd recently which is a very bad sign looking forward.

Jaks earnings in Dong.
Bank loans in usd.
Malaysia accounting in RM
RM strengthen 14% against usd

I wonder if Miketikus can work out the above puzzle

1 week ago

Huangbk72

things that Miketikus cannot comprehend is astounding and yet he never learns

Already recognized as a financially illiterate poster

No wonder everytime will hit the wall 🤣🤣

1 week ago

Sslee

Aiyoyo Nike-tikus did not even know what is share of profit (paper accounting profit) and dividend (cash return)?

So the investment only cash returned is dividend.
ROI= cash returend/investment.

Know what when I do feasible study on any projects in China the investment cash return must not not more than 5-6 years.

1 week ago

Huangbk72

Ask Miketikus to see Jaks cash flow and bank balances to find the money 🤣

Maybe he will comprehend things better

1 week ago

Sslee

Is Mike-tikus trying to say insiders syphon out all the money (997 million)?

1 week ago

jjohnchew

Post removed.Why?

1 week ago

Sslee

Mike-tikus & Felix still in denial mode that it is their doing that brought about the flooding of i3forum with gibberish, hatred, misinformation, falsehood, cursing, trolling, provocation, insulting, name-calling and worst of all cyber sexual harassment.

1 week ago

MrFox

Sslee@@
Sell all ur panttee to buy 0.10
Whispering words of wisdom

1 week ago

chopstick

collect

1 week ago

jjohnchew

Hoho just the financial gimmicks :

> The share of profit of associates is normally presented after finance costs. This recognises that the share of profits from associates arises from what is essentially an investing activity, rather than part of the group's operating activities.

ie : the difference of subsidiary n associate company.


> In most cases EBITDA will be calculated on a controlled basis, i.e. associate/affiliate income will not be included.

> ie : Investment in Joint Venture in Non Current Asset .

1 week ago

jjohnchew

Post removed.Why?

1 week ago

jjohnchew

Post removed.Why?

1 week ago

jjohnchew

Post removed.Why?

1 week ago

MrFox

0.13 done! maybe 0,10 coming?

5 days ago

MrFox

Sslee****
do u want to buy 0.10?

5 days ago

Huangbk72

Coconut Felix hibernating or amdui for missing China bull run? 🤣🤣🤣

Dumdum rather waste time posting gibberish instead of making a fortune.

Posted by edwing9981 > 4 days ago | Report Abuse

Top investors cash out of China stocks after economic stimulus.

Sohaai people run for life but she still caught on top of musang king tree. Hahahahahahaahha

Huangbk72

Haha.. for a 9-5 worker like you.. u have to do everything fixed

I sleep anytime I want.. that’s called flexibility

Didn’t I reminded to all out USA and China market last month? Now reaping all the fruits. 😁

People play stock, u play sand 🤣

5 days ago

5 days ago

MrFox

holding reddish, now jailed!
SAD

3 days ago

Shareview123

Those who missed last 2 rounds
from 0.125/0.13 to 0.205 and 0.13 to 0.185, now is another chance for you to buy at 0.13/0.14 and resell at 0.18/0.185 to 0.195/0.205,
30% - 40 %, a Good returns compare to fixed Deposit rates

2 days ago

MrFox

yes at 0.10

1 day ago

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