JAKS RESOURCES BERHAD
KLSE (MYR): JAKS (4723)
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Last Price
0.175
Today's Change
-0.005 (2.78%)
Day's Change
0.17 - 0.18
Trading Volume
30,082,600
Details of Changes
Securities After Change
Transactions
| Ann. Date | Name | Details of Changes | Securities After Changes | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Date | Type | No. of Shares | Price | Direct (%) | Indirect (%) | Total (%) | ||||
Discussions
39 people like this. Showing 50 of 64,331 comments
Haha .. Thank you .
Posted by StartOfTheBull > 1 hour ago | Report Abuse
Mantap Mike 👍. SSLee Tikus sudah senyap.
4 days ago
Jaks Resources And Partners Selected For CGPP 29.99MW Capacity Solar Supply
By Editor - August 9, 2023
JAKS Resources Berhad, together with its partners, Ann Joo Green Energy Sdn. Bhd. and Fabulous Sunview Sdn. Bhd. has been selected as successful solar power producer with a capacity of 29.99MW under the Corporate Green Power Programme.
As announced by the Energy Commission on 7 August 2023, only 22 out of the 71 applicants thus far have been successfully selected as solar power producers under the CGPP and 236.58MW out of the total 800MW allocation remains to be allocated.
JAKS chief executive officer Andy Ang Lam Poah said, “We are elated that JAKS has been appointed as one of the solar power producers alongside our consortium partners. We are optimistic of the success and execution of the project in view of the synergistic experience and capabilities which this consortium can provide. The awarded project aligns with our long-term goals in expanding our renewable energy portfolio whilst contributing positively to the business growth in the near future.”
4 days ago
Better returns await CGPP winners
Wednesday, 09 Aug 2023
PETALING JAYA: Winners of the Corporate Green Power Programme (CGPP) could potentially enjoy better returns compared to the fourth cycle of the large-scale solar (LSS4) projects.
MIDF Research said going by its initial ballpark estimates, the CGPP could reap internal rate of returns (IRRs) in the high-single-digit levels.
This is because the initiative, which will be utilising virtual power purchase agreements, is based on a willing buyer-willing seller approach.
“Under the CGPP, players are free to secure their own offtaker, hence giving better pricing power as opposed to stiff competition to supply to a single offtaker under the LSS auction mechanism,” said the research firm in a report yesterday.
According to MIDF Research, the CGPP tariffs are also likely to reflect a premium for environmental attributes like renewable energy certificates.
As a benchmark, the research firm noted that the Green Electricity Tariff sold by Tenaga Nasional Bhd
(TNB) was raised to 21.8 sen per kilowatt hour (kwh) effective August this year.
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,” it said.
On Monday, the Energy Commission (EC) announced that a total 563.42MW under the CGPP were awarded to 22 solar power producers.
There is still a balance of 236.58MW quota to be awarded out of the 800 MW offered under CGPP, which received a total of 71 applications, according to the EC.
Most of the players secured about 30MW, while a few players secured a smaller capacity in the range of seven to 15MW. It is unclear when the remaining quota of 236.58MW will be awarded.
A number of listed companies were among the winners, with TNB appearing to be the biggest winner with a total of 90MW capacity secured via three different applications.
4 days ago
Haha Jaks CEO has a Good business acumen …
JAKS RESOURCES BERHAD
Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
JAKS RESOURCES BERHAD ("JRB" OR THE "COMPANY") MEMORANDUM OF UNDERSTANDING ENTERED INTO BETWEEN JAKS SOLAR POWER HOLDINGS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF JRB, AND CALB GROUP CO., LTD
The Board of Directors of JRB is pleased to announce that JAKS Solar Power Holdings Sdn Bhd, a wholly-owned subsidiary of JRB, had on 2 May 2024, entered into a Memorandum of Understanding ("MOU") with CALB Group Co., Ltd, a company registered under the laws of People's Republic of China to explore the feasibility of a collaboration in the Battery Energy Storage System market, including but not limited to Utility-scale ESS, Commercial & Industrial ESS and Residential ESS. Please refer to the attachment for details of the MOU. This announcement is dated 2 May 2024.
4 days ago
Haha there are 2 China Solar Companies oredi invested in Malaysia as I posted earlier ..
Not only First Solar in Malaysia which awarded PA contract RM 600 million, then RM 800 million, and RM 1.1 Billion on early 2023 …
4 days ago
JAKS RESOURCES BERHAD MAIN : Construction
Last Price Today's Change Day's Range Trading Volume
0.18 -0.01 (5.26%) 0.17 - 0.195 154,572,100
Still drop 1 sen. Tomorrow how????
3 days ago
ALP will continues signing many more MOU to justify his multimillion LTIP free shares grant.
3 days ago
Haha if you sensitive to figure .. not Kon maths.. you will get the answer …
Same as yesterday I am posted Privasia VWAP … I learned from Ethical Sifu 3iii from his posting in Netx during debated against Calvin 15 months …Thanks .
3 days ago
Haha Today engine too hot ke …
Posted by Mikecyc > 8 hours ago | Report Abuse
Posted by Mikecyc > 14 hours ago | Report Abuse
Jaks : TA case study
11/6/2024
MA10 0.142 BB Mid 0.136 MA200 0.179
MACD 0.007 0.000
Stoch RSI 100.00 97.50
MA5 0.155
3 days ago
Jonathan161838
Jonathan161838 | Joined since 2024-06-12
This account has been banned for violating the Terms and Conditions of Use or Community Standards of this portal.
Investing Experience -
Risk Profile -
3 days ago
Last Price 0.17
Today's Change -0.01 (5.56%)
Day's Change 0.17 - 0.18
Trading Volume 29,387,500
First half score look very poor. Will second half do much better with top striker Mike-tikus in play to push up to 19 and 24.5?
3 days ago
Haha konartist sslleee 🐭 stucked high since 2017 … sold in April 2023 … I read Uncle K post on 2023 that he Loss ard 89 % of his Investment Capital in Jaks …
Haha need to Thanks Konartist sslleee 🐭hardworking study said CEO 14 % shareholding all in Pledge Account.. if Price Keep Dropping sure Kena Margin Call wow ..
Haha what a Best Information le .. will CEO let price keep dropping? He is the Only Substantial shareholder in Top 30 list … other 29 averagely holding 0.5 % ( no company , no financial institution) …
3 days ago
Haha yesterday VWAP 0.184 … Today 0.175 …. Average is 0.179 …
Tomolo is T+ 5 .. as said Shl be a One Round …Volume Shl play the game …
3 days ago
Haha Sslee any further comments on Jaks n Privasia ??
Thanks for your So Hardworking study le …🤣🤣🤣
2 days ago
Haha Repost from Privasia :
Posted by Mikecyc > 15 minutes ago | Report Abuse
Haha konartist sslleee 🐭why u Promote Jtiasa ? Don’t know the Insiders keep Disposed shares during latest round of Uptrend… even Calvin not promoting Jtiasa but the other 2 Plantation Stocks …
Mikecyc
44,510 posts
Posted by Mikecyc > 10 minutes ago | Report Abuse
Haha Dumbass Konartist sslleee 🐭.. why Conartist Callvin switch to Promote DC theme related stocks in HDD n SSD on Notion , JCY , Dufu .. now is Push High oredi lo … not recommend to chase High ..
Not like Konartist sslleee 🐭with yr aka id gang promote Insas with DC related theme .. but Inari n MPI ???!!! 🤣🤣🤣🤔
2 days ago
Haha konartist Ssllee 🐭 … is this Pump n Dump like you n Koni3lurkker aka Balian Promote SCIB :
1.) Pump n Dump
2.) Pump n Dumb … like Konartist sslleee 🐭
2 days ago
Haha konartist sslleee 🐭why your old maté Koni3lurkker aka Balian so desperate le promote SCIB ? You said he seldom Promote stock … why Promote until said if Not made Profit 600 % in 12 months ( by early 2025 ) , will become a 🐶… so you start learning woofff ke 🤣🤣🤣🤔
2 days ago
No matter how it it hyped , it is unstainable and untouchable .It is expected to be back to where it belongs to .ie penny stock...
2 days ago
Haha Refresh a bit of what I learned in V.P case study :
Learned from Hiapteck on Volume Play Case Study .. when Volume is b/f to T+ 6 … ( Retailers are holding the shares .. Goreng is Done …
V.P case study in HLT , which Limit Up 3 times in a week , Volume is categorised into Goreng Syndicate and Retailers … exciting n good learning experience..
V.P case study in PA :
Case Study is from Mid Uptrend , ie : 16.5 sen Up to 24 sen before share consolidation 2 into 1 … Peak is 59 sen ( Point 1 ) … then down with swing swing swing many times .. tanam biji dan tuai hasil many times … after highligted to learn to try to catch the starting Uptrend to Point 1 ( Peak range )
V.P case study in Jaks :
Posted by Mikecyc > 1 day ago | Report Abuse
Haha T+ 3 =92,743,000 with VWAP 0.184 is rolled over from T+2
>>>
2024-06-13 0.180 0.180 0.180 0.170 59,374,700
2024-6-14 30,082,600
👉Total Volume of T+4 n T+ 5 = 89,457,300
👉👉As Said .. Year 2025 shl be Jaks year …
1 day ago
Haha let’s see Privasia TA case study :
Date Price Open High Low Volume
2024-06-13 0.135 0.135 0.140 0.130 7,391,400
2024-06-12 0.135 0.120 0.135 0.115 28,421,900
2024-06-11 0.115 0.120 0.120 0.115 2,453,100
Today 2024-6-14 Price 0.14 Volume = 10,327,600 …. Last few minutes , VWAP from 0.135 to 0.136
Earlier Up to RM 0.135 , VWAP 0.127 …
👉 Price n VWAP gap is getting closer ..
👉As posted earlier, over last 12 months … Privasia being play in range RM 0.10 to RM 0.12 at least 4 Times … This times is REAL ..🤩🤩🤩
1 day ago
Why Mike-tikus promote priva in jaks forum?
Is this mean he already sold jaks and now all in Priva?
Is he asking people to sell jaks and buy Priva?
1 day ago
Haha I am also wandering Why Jaks no news on Vietnam plant additional 10 % Option ??? As posted need to look into :
1.) interest rate % ( as reply in AGM , banks usually do not provide this kind of Loan facility) .. and Interest rate % is increasing over the years ..
2.) Tax exemption periods .
3.) Currency exchange rates.
4.) LSS5 Solar Project 2000 MW .. RSP dateline is being bring forward from December 2024 to July 2024 .. each Bidder can Bid up to maximum 500 MW … Project capital is estimated RM 1.8 Billion.
And here some back ground on the Vietnam Plant Project:
👉Introducing Jaks Resources Vietnam Thermal Power Plant
JAKS RESOURCES(Jaks)在2011年争取的越南海阳燃煤电厂项目在经过了6年的风雨终于开工建设了。由于项目总投资达18.685亿美元，JAKS无法找到任何银行资助该项目，所以电厂的建设推迟了好几次，期间更换了2个中国伙伴。直到于2015年7月Jaks与中国电力工程顾问集团有限公司(CPECC)达至👉协议。Jaks让出项目控制权从以往60:40改为30:70的股权合资开发此工程。CPECC负责融资及全部工程建设。CPECC在进行发电和输变电厂的工程非常有经验。参与了约90％的中国煤电工.
👉👉If Vietnam Plant ROI is Not satisfied by the China Partner .. of coz they will want Jaks to exercise the Additional 10 % Option .
And vice Versa …Jaks need to appreciate its China partner also for successfully completed n COD the Vietnam Plant .
👉See Vietnam Plant contributions to Jaks on :
1.) Share of Profit
2.) Dividend
3.) Non Current Assets ( keep increasing)
Jaks
Refer 4QR ended December 2023 :
Non Current Assets :
PPE. 296,599,000
Investment Properties 584,206,000
Investment in Joint Venture. 904,495,000
👉>> QR ended March 2024 :
Non Current Assets :
PPE. 294,107,000
Investment Properties 587,948,000
Investment in Joint Venture. 936,836,000
👉👉👉as said earlier Year 2025 Shl be Jaks year ..🌈
1 day 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
Grand Total = RM 529.089 Million
Jaks 30 % share in Vietnam Power Plant Joint Venture invested ard RM 600 Million.
Initially PayBack 8 to 9 years ..
Referring to the Grand Total , PayBack period is by 2024 .. ie : from 2021 to 2024 ~~ 4 years ..
按照购电协议，电力售价将随原料价格波动。意味着业务盈利贡献获得保证。Jaks管理层曾透露内部回酬IRR介于12%，PAYBACK PERIOD为8至9年
1 day ago
Haha what a Jealous Dumbass Konartist sslleee 🐭le… pls don’t be jealous again until told Lies as on yr 1st and Only Win ,Insas -WC RM 250,000 since investing from 2016 to 2023 ..
Why so Dumbass in investing le … ( only to Konartist sslleee ) …🤣🤣🤣
1 day ago
Aiyoyo did Mike-tikus know dividend from JV is distributed from share of profit from JV?
1 day ago
Know how much insas report share of profit and dividend from associate company Inari?
1 day ago
Did Mike-tikus know the reason why Total Share of Profit = RM 431.703 Million but Total Dividend only = RM 97.386 Million?
1 day ago
Haha Insas the only best investment is on Inari .. Why ???
Dato' Dr Lee Chung Wah spent more than a decade in financial technology when he assumed the position of CEO and executive director of J & C Pacific Sdn Bhd (a subsidiary of INSAS Berhad, which is listed on the Main Board of Bursa Malaysia) from 2009 to 2016. He was in charge of several business units in Asean region.
He was in charge of several business units in Asean region. As a serial techno entrepreneur and investor, he is one of the partners of International Supply Chain Alliance Ltd. Hong Kong, a leading supply chain and logistics platform internet company which owns www.oym56lm.com with main operations in the Greater China.
As an active Fintech entrepreneur, Dato' Dr Lee was listed as an inventor to several granted patents under the Patent Cooperation Treaty and World Intellectual Property Organization in Australia, Singapore, United States of America and others. Prior to that, he was the general manager of INSAS Berhad from 2006 to 2007.
👉👉👉HaHa How Good is Insaf Investment after 2017 ???
Omesti ? Hohup ? Microlink ? Divfex ? Fashion n Beverage company ( not listed ) , and Duramitt ( a glove company, thru associate company Divfex ( from 19% to 25% to current ard 34 % ) invested RM 40 Million in Duramitt ( 50.1 % ) on November 2020 .. New Glove factory is Operational on June 2021 .. How much is the Losses Until Today ???
👉Recalled I am posted Top Glove TP RM 3.40 on 4/12/2020 , ard 2 weeks earlier than JPM TP RM 3.50 ..
And posted the study on Nitrile Gloves Demand vs Supply of 7 Local Gloves company on August 2020 that Supply Shl fulfil Demand in 12 months …
👉As posted earlier , Insaf keep selling Inari Shares although market price is Low on 2019..at prices ranging from RM 1.68 to RM 1.81 , ( of coz Insaf buying price is low .. as low as ard RM 0.38 .. I did bought Insaf n Inari during Ah Sweet keep buying Inari .. with mentioned Dato' Dr Lee Chung Wah background…
Insaf holding Inari shares is greatly reduced from 2012 … 43 % to currently 14 % …
1 day ago
Haha konartist sslleee 🐭said to ppl Warrant EX price cannot be changed …Why Jaks Warrant B EX price is changed from RM 0.64 to RM 0.34 on 2022 ?
1 day ago
Haha Konartist sslleee 🐭whom did not understand what is Corporate Structure that use to plan corporate taxes ..
Insas does not has corporate structure.. once Insaf Value Trap .. shl stripping u slowly n softly …
1 day ago
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING JAKS RESOURCES BERHAD ("JAKS" OR "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN JAKS ("PRIVATE PLACEMENT")
JAKS RESOURCES BERHAD
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
JAKS RESOURCES BERHAD ("JAKS" OR "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN JAKS ("PRIVATE PLACEMENT")
Unless otherwise defined, the definitions set out in the announcement dated 1 March 2024, the additional announcement dated 14 March 2024, the additional announcement dated 20 March 2024, the additional announcement dated 27 March 2024 and the announcement dated 3 May 2024 shall apply herein.
On behalf of the Board, M&A Securities is pleased to announce that the Company has on 12 June 2024 fixed the issue price of the second tranche of the Placement Shares at RM0.1450 per Placement Share to be issued pursuant to the Private Placement (“Price-Fixing Date”).
The aforementioned issue price of RM0.1450 per Placement Share represents a discount of approximately RM0.0160 or 9.94% from the 5D-VWAMP of JAKS Shares from 5 June 2024 to 11 June 2024, being the market day immediately preceding to the Price-Fixing Date of approximately RM0.1610 per JAKS Share.
This announcement is dated 12 June 2024.
1 day ago
Haha konartist sslleee you promoted SCIB with Kon i3lurker aka Balian kaw kaw until said will become a 🐶if Not Make 600 % Profit in 12 months ( by early 2025 ) .. why So Desperate le .. Loss naked until Left yr share expensive Red 🐊 panttiees ke with him ??
You don’t know the Insider share movement… same as you Promoted Jtiasa but so lazy to study Insider shares movement that are disposed during Last Price Uptrend ..
Repost from SCIB :
Posted by Mikecyc > 0 seconds ago | Report Abuse
Haha what happened on July 2023 .. the Major shareholder over 20 % is on Force Sell …
Now those Insiders holding Less than 0.5 % …
Posted by Mikecyc > 0 seconds ago | Report Abuse
Haha what happened on July 2023 .. the Major shareholder over 20 % is on Force Sell …
Now those Insiders holding Less than 0.5 % …
1 day ago
Aiyoyo Mike-tikus really do not know the reason why Total Share of Profit = RM 431.703 Million but Total Dividend only = RM 97.386 Million
Can it be:
A. JHDP wants to reserve cash for future expansion?
B. JHDP has cash flow problem?
C. China JV partner withold the dividend payment so that jaks do not has enough cash for the addition 10%?
D. JHDP involved with corruption investigation and cannot transfer money out of Vietnam?
E. JHDP BOD like to hold cash like Insas BOD?
F. All of above?
G. None of above?
1 day ago
Haha Dumbass Konartist sslleee 🐭 why you promoted :
1.) Omesti with Current Ratio 0.81 ? Jaks is 1.11 ..
2.) Why promoted SCIB kaw kaw as the Major shareholder over 20 % is Force Sell on July 2023 ..
3.) Why Promoted Jtiasa , as the Insider keep Disposed Shares during Last Price Uptrend ??
🤣🤣🤣
1 day ago
Haha year 2024 seems is a Busy year to Jaks …. Future events that may affect the Price :
> After completion of 2 Cash Cow Projects with Commercial Operating Date :
1) Vietnam Power Plant : January 2021 with 25 concession years tenure .
2) Local Solar LSS4 Project : 21 August 2023 with 25 concession years tenure .
3.) 👉 New CGPP Project awarded :
>> With reference to the above, the Company is pleased to enclose the press release in conjunction with the successful bid for a 29.99MW solar photovoltaic project under the Corporate Green Power Program ( CGPP ) by JAKS Solar Power Sdn Bhd, a wholly owned subsidiary of JAKS, together with its consortium partners, Ann Joo Green Energy Sdn. Bhd. and Fabulous Sunview Sdn. Bhd.
This announcement is dated 9 August 2023
👉CGPP winners can choose their Offtakers , not only TNB but need to use TNB grid..
👉👉 year 2024 Events :
4.) Material Litigation with Star :
Trial on 4, 5 , 6 and 7 March .
👉Jaks Won on March 2024 from Federal Court against Star on the 6 years Legal battle .. now claim against Star over RM 540 million , case management is scheduled on August 2025 ..
》 Pacific Star losses shl be reduced n Improve…
5.) LSS5 Solar Project 2000 MW .. RSP dateline is being bring forward from December 2024 to July 2024 .. each Bidder can Bid up to maximum 500 MW … Project capital is estimated RM 1.8 Billion.
6.) MOU is signed with China company on 3 Types of Storage Batteries.
1 day ago
Posted by duatlai > Jun 15, 2024 4:57 PM | Report Abuse
Surprised to have educated people writing nonsense, !
Your advise noted with thanks.
I just try to lower down my IQ to talk to low IQ Mike-tikus.
From now on I will just let him talk to himself, kaki kong kaki song.
23 hours ago
Haha coz u r the only Dumbass Konartist sslleee 🐭… pls take the right medicine tonight.. 🤣🤣🤣
17 hours ago
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Mikecyc
Haha I am learning Candle also … as said earlier Privasia Cup n Handle is formed ( study one TA Sifu .. success rate is ard 70 % .. 30 % is next day price is dropped ) .. next day said Cup n Handle is intact … Today Mid day Price RM 0.135 ..
4 days ago