That schoolboy suggest, will go lower than 33sen. I said will go higher, much higher. Let watch.

Bursa just approved their PP.

It's ok, we trust facts and intelligent research by qualified institutions with international clients, managing billions of dollars. Those fundamental facts and price actions are different things. I can read charts well and understand accounts. That guy who wrote it is FCA, KAF and Kenanga wrote it for their clients.

Strongest signal in 2022 so far is coming.

Erratic revenue and profit? Maybe you just read from klse screener figures without details. Few IB give their high recommendation, maybe you like to give your comments base on their write up.

Will break 50 as well

Strong buying signal coming

Will break 45 and go higher

Jsb holding well than most of stocks during this challenging market. All indicators gathering momentum.

https://www.theedgemarkets.com/article/jentayu-sustainables-set-rebound-says-rhb-retail-research

I will put up in newspapers later...just for you my darling boy.

Kikiki....you can't win with 16 years old boy in cyberspace.

Maintain Buy.
Maintain Buy recommendation on Jentayu Sustainables with a slightly lower TP of RM1.27 (previously RM1.28), based on sum-of-parts valuation. On a separate note, we view the recently announced proposed private placement positively. The exercise which entails the issuance of up to 142.6m new shares (30% of the total number of issued shares) is intended to be placed to a credible strategic partner that will support the group to become a leading player in the renewable energy space and also instill investors’ confidence.

All parties are working towards amicable resolution.

Up to RM40m is required to make up for the absence of cashflow generation from the projects and restore the group’s liquidity position. We understand that currently all parties are working towards amicable resolution. This includes: (i) a settlement agreement with the EPCC contractor, Sinohydro to withhold part of the remaining contractual payments payable given the late delivery of the projects and; (ii) MIDF to extend its bank guarantee (BG) or to provide a new facility to cover the sukuk obligation until end of 2023. Based on the progress of these plans, the Negative Rating Watch is expected to be lifted within the next two to three months. In addition, The Sustainable Energy Development Authority (SEDA) has also extended the Feed-in tariff commencement date to 31 December 2022 (from 31 July 2021).

Potentially breaching the FSCR requirement.

That said, according to RAM, TH1 will still potentially breach the distribution covenant to maintain a minimum finance service coverage ratio (FSCR) required by February 2023 even after assuming a more conservative completion date by the end of December 2022. Essentially, the group is expected to maintain a project subordination distribution FSCR of at least 1.45x throughout the Senior Sukuk’s tenure. The ratio considers available cash against principal and profit repayments under the Senior Sukuk and Junior Bonds.

mainly due to Covid-19 related challenges.

Construction of these plants has been held up mainly by manpower shortages, Covid-19 related challenges and inclement weather. As of April 2022, Plant 1 was 97.7% while Plant 2 was at 95.7% completion (contrary to previous expectation of commercial operations by end of March 2022). Based on the revised work plans, management expects Plant 1 and Plant 2 can be completed by September 2022 and November 2022, respectively. Thereafter, both plants will be acquired by Jentayu Sustainables following its commercial operations. Note that the construction-related risks are moderated by the lump-sum turnkey contract, the provision of delay liquidated damages and the performance guarantees under the EPCC contract.

Liquidity concern amid construction delays…RAM Ratings has placed Telekosang Hydro One Sdn Bhd’s (TH1) Senior Sukuk (rated AA3) and Junior Bonds (rated A2) on a Negative Rating Watch in its latest project finance ratings report published on 14th June 2022. This is following the rating agency’s concern that TH1 may face severe credit stress in the near term due to the absence of cashflow generation amid further construction delays at the small hydro power plants and that if its plans to seek additional liquidity support fails. Recall that TH1 is the issuer of both the Senior Sukuk and Junior Bonds to finance development of both power plants. of TH1 (Plant 1 – 24 MW) and Telekosang Hydro Two Sdn Bhd (TH2) (Plant 2 – 16 MW).

Jentayu Sustainables Working towards amicable resolution to address liquidity concern

Maintain Buy on Jentayu with a slightly lower TP of RM1.27 (previously RM1.28), based on a sum-of-parts valuation. RAM Ratings has placed Telekosang Hydro One Sdn Bhd’s (TH1) Senior Sukuk (rated AA3) and Junior Bonds (rated A2) on a Negative Rating Watch in its latest ratings report. This is following the rating agency’s concern that TH1 may face severe credit stress in the near term due to the absence of cashflow generation amid further construction delays and if the plans to seek additional liquidity support fail. As of April 2022, Plant 1 and Plant 2 were at 97.7% and 95.7% completion, respectively (contrary to the previous expected commercial operations by the end of March 2022). That said, we understand that there is no dispute involved and currently, all parties are working towards an amicable resolution to support the group’s liquidity. Based on the progress of these plans, the Rating Watch is expected to be lifted within the next two to three months.

Yesterday 16 June 2022.
KAF issued a buy call with TP of RM1.27

For the record.
AnsonLiew

2,238 posts

 Posted by AnsonLiew > 1 week ago | Report Abuse

kaf downgrade buy from sell with tp price 28sen

gg all go holland

AnsonLiew

2,238 posts

 Posted by AnsonLiew > 1 week ago | Report Abuse

latest kaf report shown telekosang delay till end of 2023

AnsonLiew

2,238 posts

 Posted by AnsonLiew > 1 week ago | Report Abuse

no ending delay

another tin kosong prject??????????

 AnsonLiew > 1 week ago | Report Abuse

my kaf report very latest one la

ur one ready outdate one

For the record of a compulsive liar


AnsonLiew

2,238 posts

 Posted by AnsonLiew > 1 week ago | Report Abuse

kaf downgrade buy from sell with tp price 28sen

gg all go holland

AnsonLiew

2,238 posts

 Posted by AnsonLiew > 1 week ago | Report Abuse

latest kaf report shown telekosang delay till end of 2023

AnsonLiew

2,238 posts

 Posted by AnsonLiew > 1 week ago | Report Abuse

no ending delay

another tin kosong prject??????????
 AnsonLiew > 1 week ago | Report Abuse

my kaf report very latest one la

ur one ready outdate one

Later today I will write after my co meeting. I can explain my deleted post and today Anson will be exposed, think he need to change name after this.

I deleted because after that i verify its my mistake. They are testing it internally, and not ready for commercial.

Ki ki ki..no more ideas isit

Can stand during very bad time, will perform wonder if market stable.

Syndicates no lah, I said around this time.

Long time ago, I said they going to be biggest RE company in Malaysia. Just watch, this co will be several billion ringgit market capital and good thing the revenues start coming, very soon. Material and Explosive income, consider from loss making co and undemanding p.e.

33sen is example, for sure price will up and they can raise even more cash.

Latest PP for new projects not Telekosang. They already identify the partners and they are biggest name in this industry.

As far I knew they don't have problem with funding. Under their asset rationalisation. They already sold over RM120-130M properties with latest is in Sabah for RM10M.

The delay already been made to know, (already in Sukuk reports) it's just last RAM report was in July 21 meaning study in April 21, so they can't report it that time. If you read carefully as at April 22, the progress was 97.73% , meaning another 2% will be completed. We are in July 22, i.e 3mths since last study. That why I said earlier by July, August they will start generate electricity.

1. Reaffirm AA3 rating mean very good. Rating watch because of delay which is standard words, meaning if by end of Dec if didn't take off, co can have a problem with liquidity/repayment for bonds holders. And that also if they can't get additional funding.

Will be good and interesting

Kinghongchau should be ok imho. I bought myself mother and warrant.

Syndicates, I knew too after that day but its doesn't matters, quite normal, small issue and its reflected on global market. The reasons are more to their group overall strategy nothing to do with the co. and electricity is coming sooner than other people expected.

Acca or Icaew qualification is top of the rank in the industry. The best money can buy. I can say not many public listed co have charted accountant in their payroll. If not mistake JSB has 4 or 5.

Was busy, didn't come here. Anson went to next steps already...lying on KAF report...poor things no more ideas/bullets to write his nonsense.

Look good to move up.

Though market cautious and some in risk off position. Technically jsb should move up.

Why layan mentally unstable person :))

They will be independent report to reaffirm no change in fundamental of co. All goes well.

I think today is confirmation of downtrend reversal. As I said sometimes, need to kick the floor in order to climb higher.

Kenanga, KAF Jefferies only write good, fundamental companies. Jefferies is no 7th largest Investment Bank in the world can easily tap their Hong Kong clients.

Can't believe his nonsense, attacking all over the places and no angel and no substance. Sound childish, ego issues.

Investment bank write up, is the facts and figure not story. The process including independent verification with several parties, interview with the management and checking their books. They use industrial standards in their projections etc.They have responsibility to their clients, including legal responsibility. Those write up is new and so far no fundamental change.

Today bullish signal are out

Wisdom. During lockdown, they have special approval to continue, nothing work being stop. Chinese contractors can give guarantee on their performance, which no other contractors can give.

Wisdom. That regulation requirement. He plan to hold just 30% if not mistake. He taking his asset from sdn bhd to public listed. Doesn't make sense he want to take private.

Kenanga also write

https://www.kenanga.com.my/wp-content/uploads/2021/09/IPMUDA-210908-OR-Kenanga.pdf

It's show you newbie. If they shareholders or take any position etc they can't write on the company..conflict of interest. KAF write for their clients. If they cease to cover they will tell. KAF and Jefferies group is respectable Investment Bank. I rather read their then school boy story.

5. If they are not doing a good jobs, don't think Government give them another new and bigger Hydro project recently.