KLSE: JAKS (4723)       JAKS RESOURCES BERHAD MAIN : Construction
Last Price Today's Change   Day's Range   Trading Volume
0.195   +0.005 (2.63%)  0.19 - 0.20  8,091,900
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Market Cap: 408 Million
NOSH: 2,090 Million
Avg Volume (4 weeks):6,934,060
4 Weeks Range:0.18 - 0.24
4 Weeks Price Volatility (%):
52 Weeks Range:0.18 - 0.36
52 Weeks Price Volatility (%):
Average Price Target: 0.47
Price Target Upside/Downside: +0.275
Stamp duty exempted for year 2023

Financial Highlight

Latest Quarter | Ann. Date 31-Dec-2022 [#4]  |  24-Feb-2023
Next QR | Est. Ann. Date: 31-Mar-2023  |  31-May-2023
T4Q P/E | EY: 7.62  |  13.12%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.6686  |  0.29
T4Q NP Margin | ROE: 40.36%  |  3.83%


Date Subject
27-Feb-2023 Jaks Resources Bhd - Ensured by stability from Vietnam
14-Jan-2023 大马股票 | 捷硕资源 4723 | JAKS 你可能不知道的10件事 - 少爷兵
13-Jan-2023 PublicInvest Research Headlines - 13 Jan 2023
13-Jan-2023 Mplus Market Pulse - 13 Jan 2023
12-Jan-2023 Mplus Market Pulse - 12 Jan 2023
11-Jan-2023 GUH Sues JAKS Resources JV for Failing to Abide by Adjudication Order
21-Dec-2022 MQ Market Updates - 21 December 2022
21-Dec-2022 PublicInvest Research Headlines - 21 Dec 2022
29-Nov-2022 Jaks Resources Bhd - On weaker footing
15-Nov-2022 MQ Market Updates - 15 November 2022
15-Nov-2022 Trading Stocks - Jaks Resources
15-Sep-2022 JAKS Offers Shares Under Long-term Incentive Plan to Directors, Employees
26-Aug-2022 Jaks Resources Bhd - A softer quarter
23-Aug-2022 Stocks on Radar - JAKS Resources
19-Aug-2022 MQ Market Updates - 19 August 2022
19-Aug-2022 Trading Stocks - JAKS Resources
05-Jun-2022 My Portfolio May22 - Bursa Dummy
01-Jun-2022 Jaks Resources Bhd - Valuations turns appealing
31-May-2022 MQ Market Updates - 31 May 2022

Business 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.
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  36 people like this.
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
SomaCruz89 Then, I have the feeling what goes down will come up!
17/03/2023 5:52 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
SomaCruz89 I don't mind to be that monkey earning CEO salary
17/03/2023 6:32 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
Sslee The bad news is need another PP to pay for the addition 10% equity option.
17/03/2023 8:29 PM
SomaCruz89 That is not a bad news for a long term
17/03/2023 8:38 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.
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
speakup SomaCruz u believe in Andy.
But Andy doesn't believe in u.
18/03/2023 8:47 AM
MIDASTOUCH87 https://www.thaipbsworld.com/vietnam-struggles-to-break-one-of-worlds-biggest-coal-addictions/
18/03/2023 11:33 AM
SomaCruz89 I believe we all can fly like AAX
18/03/2023 3:32 PM
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


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
SomaCruz89 Pacific Star review by Sean Tan
19/03/2023 9:47 AM
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
The_JQuestion WOw ssleee upbeat .... put into watch list to collect
20/03/2023 2:13 PM
SomaCruz89 Cheap sales lai liao. Buy before the end of the sale!
20/03/2023 4:37 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
SarifahSelinder Suffer la akibat nya

20/03/2023 7:29 PM
Just88 What is the biggest fear about jaks now?
21/03/2023 9:34 AM
amateurJR This company lousy la.
21/03/2023 4:57 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 Andy

Coherence is important

22/03/2023 8:32 AM
SomaCruz89 OMMGG JAKS no need defender but whale/shark to pump it
22/03/2023 8:57 AM
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


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!!

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
curiousq wet wet song
23/03/2023 9:42 AM
hng33 Bought jals at 19.5sen
23/03/2023 12:50 PM
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
SomaCruz89 I can sense something big is coming for JAKS. Stay tuned!
23/03/2023 1:37 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
hng33 I think jaks further downside risk is very limited now.
23/03/2023 2:12 PM
curiousq Maybe your Andy also come to read, so, let Andy learn standard Malay !!
23/03/2023 2:14 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
SarifahSelinder Adoi u are hopeless just hopeless lagi lagi x faham
23/03/2023 5:29 PM
SarifahSelinder Andy

Declare the 3 sen dividend NOW

Nak bikin DRP skrg jugak NOW

23/03/2023 5:35 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

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