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Overview
Financial Highlight
HeadlinesBusiness Background 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.
  It's Compounding I have the feeling that it was KYY and OTB who pressed down the price. Revenge on ALP. 17/03/2023 5:09 PM ValueInvestor888 ALP treats all shareholders like water fish with endless PP and RI...with so many poor business decision as all businesses lost money except for power plant. Current price can bet some as historical low with mkt cap of just RM 400m. Let say local business still bleeding RM 50m per year, still got RM 100m profit from power plant. 17/03/2023 5:54 PM ValueInvestor888 Better ALP not doing anything and retire and sell all businesses and just keep the power plant will do. With this, even you put a monkey as CEO of Jaks, company also can make RM 150m profit.... 17/03/2023 6:03 PM Just88 A lot of people buying now. So, 0.20 is going to be the floor price? Anymore people waiting for 0.10? 17/03/2023 6:54 PM  Sslee Let say local business still bleeding RM 50m per year, still got RM 100m profit from power plant. You forget to put in another RM 50M for impairment loss on goodwill and receivables + another RM 14M on LTIP expenses. The good news is the balance on Goodwill in Balance sheet is now RM 23.5 M 17/03/2023 7:01 PM Just88 The good news is there will be 200m profit from power plant next year after the ownership in the power plant is increased to 40%. 17/03/2023 8:02 PM SomaCruz89 Just88 please console those hiding in the private group. The day JAKS shine like a diamond is near. Just wait the next quarter! $,$ 17/03/2023 8:28 PM Wealthy99 I suspect @SomaCruz89 is either own a huge number of Jaks, or, being paid to say good about Jaks, or, relative of Jaks owners. Just take it privatize easier. Don't keep listing since cannot perform. Some conned stocks still can goreng up. This one totally OKU. ---------------- SomaCruz89 That is not a bad news for a long term 17/03/2023 8:45 PM Wealthy99 PP, right issue, PP, right issue then consolidate. Same pattern seen in those kind of stocks. People not learn. "Hope" is not suitable in stock. "Hope" is kind of miracle. "Hope" in stock is a designed for loss. 17/03/2023 8:46 PM Just88 somacruz, since you have chosen to leave, why still so concern about the group. If you wish to get back in, please contact Ah Seng. Except those who followed DK's exit plan, everyone is losing money only more or less. Those who cut loss earlier are less sad than those still holding until now. 五十步无需笑一百步。 17/03/2023 8:49 PM SomaCruz89 I'm just a small shareholder that still believe in this stock. I don't plan to go back private group because there are a lot of sore losers 17/03/2023 10:47 PM MIDASTOUCH87 https://www.thaipbsworld.com/vietnam-struggles-to-break-one-of-worlds-biggest-coal-addictions/ 18/03/2023 11:33 AM  i3lurker sslee no worries I will propose to Andy to takeover my nasi lemak menu rahmah business for RM10 Billion. I am sure Andy will approve it as a nation building exercise so new adjusted Goodwill = RM10,023.5 million to be amortized over 1,000 years Sslee Let say local business still bleeding RM 50m per year, still got RM 100m profit from power plant. You forget to put in another RM 50M for impairment loss on goodwill and receivables + another RM 14M on LTIP expenses. The good news is the balance on Goodwill in Balance sheet is now RM 23.5 M 1 day ago 18/03/2023 9:53 PM ValueInvestor888 @sslee, that is a risk of investing at lousy mgt that investors need to know. All those promising calculation by some really made a lot investors who lost heavily. At current mkt cap of RM 400m, i will bet small. Has the kitchen sinking exercise almost done in you view? 20/03/2023 1:03 PM Sslee At this price is very tempting. Someone is pushing down the price for big boss to collect PP cheaply. Once PP is over then price will be pushed up for big boss to sell and the cycle repeat again. 20/03/2023 2:08 PM Sslee I think the kitchen sinking exercise is almost done the only unknow is the outcome of court case with Star and Other. 20/03/2023 2:10 PM ValueInvestor888 Bet not more than 20% of your funds at current price should be ok... I also think kitchen sinking exercise is almost done. After operators collect enough, promoters will surface again, of course with difference names.... 20/03/2023 5:12 PM ValueInvestor888 This year power play : Toyoven - price goes up from 60 sen to RM 1.40 in few month times YTL Power - price goes up from 66 sen to 85 sen jaks - price at historical low. Current mkt cap = RM 400m. Power plant share of profit RM 150m per year + LSS4 profit (COD by 2nd quarter 2023) minus local business losses. 20/03/2023 5:16 PM SomaCruz89 Fear of losing the golden opportunity to collect cheap ticket before the share price fly high and break new ATH 21/03/2023 7:00 PM SarifahSelinder Or Andy NOW NOW NOW NOW is the best time to declare dividend Sarifah pasti at current price byk kan buat DRP Declare dividend NOW!! Declare NOW!!!!! Sarifah want to do Dividend Reinvestment Plan at current price 23/03/2023 8:39 AM SarifahSelinder Can declare DRP NOW NOW!!! c72m Vietnam IPP dividend already kat bank 23/03/2023 8:42 AM SarifahSelinder Andy Declare an interim single tier dividend of 3 sen per share NOW!! NOW!!!! 23/03/2023 8:50 AM curiousq YEs, will declare 3 sen div for hariraya enjoyment !! investors, especially muslim imvestora are extremely happy !! 23/03/2023 9:38 AM SarifahSelinder Adoi Sia sia je effort Sarifah explain panjang lebar tapi lagi lagi u x faham Hope long suffering in denial x sama mcm u Hope long suffering in denial faham what Sarifah is talking about Sarifah nak Andy pay dividend NOW is so that existing shareholders can do DRP at current low price Instead of Andy doing PP at current crazy low price Klau existing shareholders plot back the fund back into JAKS JAKS kan has the fund jadi x payah buat the 10% PP Declare dividend skrg is not for u to take out the fund to enjoy 23/03/2023 1:05 PM curiousq Is very good to promote Malay as business language ..... it's better if using pure Malay, so that, the investors here are not learning the "rojak" type of Malay ..... 23/03/2023 2:11 PM def147258 Share a good teacher, when I met Glove Stock, it was the teacher who helped me to solve it and helped my stock market slowly recover losses. I hope that retail investors can unite. What good news can be shared together and spent the difficulties together! 23/03/2023 2:16 PM curiousq Although bumiputra investora instructed him to pay 3 sen dividend, don't be too optimistic to get the 3 sen, especially before Hari raya 23/03/2023 3:09 PM curiousq Hopeless? really hopeless promotes rojak Malay ..... your Andy will obey your instruction to pay 3 sen for you to do DRP ...... surely he wont make you hopeless :D :D :D 23/03/2023 7:19 PM swimvshark Jaks wont drop below 185. you see the movement today you know. it only will go up from now. 23/03/2023 10:40 PM  | | ||||||||||||||||||||||||||||||||||||||||||||||||
