@aseng, DK66 earnings presentation above is accurate based on the optimistic scenario of Vinh Tan 1 and Pha Lai current performance.

Risks are they may only deliver 7b kwh or lower on avg.

So it depends on the safety margin you are looking for.

No matter what happens, Fed will keep pumping money into the economy...DJIA will never come down.

If you keep waiting...suddenly you may realised KLSE is back to where it was.

Central Bank has a duty to ensure value of goods and assets never go up or down....they are given duty to maintain just that - as a certification body giving certainty on the value of money.

Founder of world’s largest hedge fund doubles down on ‘cash is trash’ argument, warning of debt-fueled inflation

https://www.marketwatch.com/story/founder-of-worlds-largest-hedge-fund-doubles-down-on-cash-is-trash-argument-warning-of-debt-fueled-inflation-2020-04-08

too many uncertainties here... at least Dayang the management had been telling good prospect...and proven to deliver... now its suppressed due to covid 19 only...once this is under control...it will definitely fly back to where it was...

just a little worried on JAKS

exactly charlest...thats what i am thinking...perhaps Dayang a safer bet?

RM 80M pretax profit when 2 units in operation for JAKS is quite worrying.....i truly hope IPP power plant via BOT is different.

Pha Lai Thermal Power (PPC) sets a profit plan of VND 677 billion in 2020, less than half of the same period.

https://cafef.vn/nhiet-dien-pha-lai-ppc-dat-ke-hoach-lai-truoc-thue-677-ty-dong-nam-2020-chua-bang-mot-nua-so-voi-cung-ky-20200314112429.chn

Pha Lai Thermal Power is expected to produce 6.2 billion kWh of electricity in 2020.

Business results

Pha Lai Thermal Power has just experienced a favorable business year in 2019 with net revenue of VND 8,183 billion, up 15% over the same period, in which revenue from electricity production activities increased compared to the plan. And after-tax profit reached VND 1,261 billion, up 12.3% compared to the profit achieved in 2018. EPS reached VND 3,933.

According to the report, the total electricity production in 2019 reached 6.05 billion kWh, exceeding 3.7% of the plan. And the output of electricity sold also reached more than 5.5 billion kWh.


.....................

1VND = 0.000182304 MYR

This mean a pretax profit of RM 229 M for 6 Billion kwh

For JAKS power plant of say 7 Billion kwh you will generate RM 267M

at 30% stakes JAKS may earn only RM 80 Million, and at 40% 120M?

i have a feeling technology will allow us win the war against covid before the vaccine does...

it can help in so many ways..

read the arguments he presented - point no (2)...its even more applicable now, its like slapping his own face...lol!

i am not debating whether they are true or not...but just saying one loses integrity when their arguments become 'inconsistent'

a lot of people never really understood the meaning of 'integrity'

above re-posting is just for laugh!.....

but i like point no (2) above which is salient indeed. Bear in mind that Petronas sells premium low sulfur oil which is the most expensive oil in the world

humans are inevitably 99% emotion, 1% rationality...it becomes even more so when you are older...

Dayang: Only fools will sell

January 22, 2020

https://koonyewyin.com/2020/01/22/dayang-only-fools-will-sell/


After I have seen these foolish investors as shown below who were boasting about their sale of Dayang on i3investors forum, I have to write this useful lesson.


The price chart shows that Dayang has gone up from 50 sen to close Rm 2.85 yesterday, an increase of 570% within 1 year. As I often said, no stock can continue to go up or come down for whatever reason. After some time, it will change its price trend line.


Even expert chartists do not believe it

Unlike many other stocks, Dayang’s price corrections are always very small. During these 12 months, many foolish investors in anticipation of buying it back at cheaper prices. Now they are in a dilemma because the price continues to go up higher and higher. They are regretting for their mistake.

(1) Willing to eat a humble pie
............................

Unless they are prepared to eat a humble pie, they will miss the golden opportunity to make a lot of money because Dayang will continue to go up higher and higher for many more years to come.

A few days ago, I saw 1 rich investor queuing to buy 2.6 million Dayang shares at Rm 2.50 and someone queuing to sell 31,100 shares at Rm 2.51 at the close of today’s trading.


The big buyer was from UBS Securities which has its HQ in Zurich. This can only mean that the price will continue to go up high and higher and all those investors who sold earlier cannot expect to buy back at cheaper prices.

(2) Petronas will not stop pumping oil
..................................

Even if the petroleum price dropped by drastically, Petronas will still continue pumping oil because the cost for just pumping is very small. Petronas has already paid billions of Ringgit for the construction of oil rigs or oil platforms. It is still very profitable to just pay for pumping and selling the oil.

If you google you can see that the average cost for an off shore oil rig is US$ 650 million which is like a city and they all need maintenance and repair.

Dayang is the largest maintenance contractor in this region where Petronas has discovered a total of 163 oil fields and 216 gas fields. That is why Petronas continues to award more maintenance contracts to Dayang.


(3) Dayang’s prospect in 2020
.........................

It is safe to assume that Dayang will perform better this year than last year after it has resolved its financial constrain and also it has gained more experience. My target price for this year is above Rm 4.00 per share.

Dayang has very good profit growth prospect which is the most power catalyst to move share price higher and higher.

In the last few months I have been searching for another stock with similar qualities as Dayang in vain.

Dayang is now in a monopolistic position

https://klse.i3investor.com/blogs/koonyewyinblog/2018-12-10-story-h1456181005-JAKS_My_Advice_Koon_Yew_Yin.jsp

he sold JAKS almost at the bottom in Dec 2018 at about 60 cents

his selling always depresses the price like it had happened for Dayang from 3rd April to 10th April when he was actively promoting to sell

.............

and NOW, Government just announced they are allowing O&G service providers to operate

bear in mind Petronas in a Non-OPEC member

and it has no obligation to reduce the output of oil unless voluntarily..and they have no obligation to reduce the output at the same percentage..even if they did that's just about 20% before the demand picks up again...

actually even shutting down & re-start up of rigs will require more intense services from Dayang....they have to ensure proper preservation activities are done before the next start up..thats and extremely important role


in whichever way you look at it Dayang seems extremely resilient as they are pure essential service provider unlike oil producers like Hibiscus and Petronas...

thank you

Haircuts, hardware and laundry services now allowed under MCO

https://www.freemalaysiatoday.com/category/nation/2020/04/10/haircuts-hardware-and-laundry-services-now-allowed-under-mco/

He said professional and technical services that are allowed to operate include architecture, quantity surveying, legal, and oil and gas.

i think market is having too much noise....

noise is created by traders...in other words they blow water to create waves...only with waves one can trade...

its a zero sum

for every gain hng33 makes...there will be another silent hng33 that makes loss
.....

now, if you have good fundamental knowledge to predict how the Covid 19 will turnout.....or you have other financial skills like DK66 to predict how Jaks earnings will be

market will eventually react to these fundamentals..

at the end it all depends on your skills..how good you are against others...

In my perspective....either way...Covid 19 eventual effects and the Power plant earnings will be both positive... so its not worth it to trade hearing these noises arising from vested interests...at such cheap price (from fundamental perception of mine of course)

choose the path that you are comfortable

i am only interested to know how the covid 19 will turn out soon...
anyone who has a brilliant prediction....please share

as i see the aggregate demand of all consumers (all of us)...can never be suppressed for long even if there is so many deaths....and thus supply has to be back to normal eventually (not more than 2 months)..

this means we will be forced to the direction of herd immunity if we cant pull it through via containment

oil price will definitely go up.....

why? They can do nothing to change on the demand side....

but they can stop fighting for market share by reducing price without any gain in supply side...., i,e they cannot increase supply more than demand which is fixed.

the price drop is lose lose situation for all 3 parties...where at the end the sum of their supply remains the same but selling at a cheap price


they will be smart enough to cooperate with each to rise for a win win situation for all

oil price will definitely go up.....

why? They can do nothing to change on the demand side....

but they can stop fighting for market share by reducing price without any gain in supply side...., i,e they cannot increase supply more than demand which is fixed.

the price drop is lose lose situation for all 3 parties...where at the end the sum of their supply remains the same but selling at a cheap price


they will be smart enough to cooperate with each to rise for a win win situation for all

oil price will definitely go up.....

why? They can do nothing to change on the demand side....

but they can stop fighting for market share by reducing price without any gain in supply side...., i,e they cannot increase supply more than demand which is fixed.

the price drop is lose lose situation for all 3 parties...where at the end the sum of their supply remains the same but selling at a cheap price


they will be smart enough to cooperate with each to rise for a win win situation for all

Petronas to maintain oil and gas production despite measures to contain Covid-19

https://www.upstreamonline.com/safety/petronas-to-maintain-oil-and-gas-production-despite-measures-to-contain-covid-19/2-1-776040

“Therefore, all operations falling within the above essential services including all SUPPORT SERVICES,
.......................

should continue,” Petronas said in a statement.

Petronas issued the statement following the 18 to 31 March movement control order announced Monday by Prime Minister Muhyiddin Yassin, which includes the closure of all non-essential business and services.

Petronas - reassessing its plans and budget. While there is no sign of lower work order by oil majors thus far, it is understood that Petronas is still assessing its plans and budget in light of the price plunge. Based on our channel checks with some industry players, discussions are currently on going with the main focus including the assessment on the sector and areas to cut. That said, we are not surprised with its plans to continue its domestic capex of RM26bn to RM28bn despite the lower oil price, going by the 2016 and 2017 period (relatively similar price conditions) where it cut overseas capex by 66.1% and 25% while increasing the domestic portion by more than 80% for two consecutive years. It also intends to maintain its dividend payment of RM24bn to the Government for FY19. Nevertheless, if the low oil price environment prolongs, Petronas may need to preserve some cash for future investments while also preparing for potential requests from the Government (special dividends) in the current challenging economic climate. With expectation of lower overseas allocation in order to spur the domestic economy, areas of work that might be affected (either defer or revision on the rate) will include the capex-heavy jobs like greenfield projects and FPSO, exploration and development services such as EPCC, drilling and OSV.

Maintenance jobs will likely be continued with minimal rate adjustments.
.......................................................................

Petronas to maintain oil and gas production despite measures to contain Covid-19

https://www.upstreamonline.com/safety/petronas-to-maintain-oil-and-gas-production-despite-measures-to-contain-covid-19/2-1-776040

“Therefore, all operations falling within the above essential services including all SUPPORT SERVICES,
.......................

should continue,” Petronas said in a statement.

Petronas issued the statement following the 18 to 31 March movement control order announced Monday by Prime Minister Muhyiddin Yassin, which includes the closure of all non-essential business and services.

Petronas to maintain oil and gas production despite measures to contain Covid-19

https://www.upstreamonline.com/safety/petronas-to-maintain-oil-and-gas-production-despite-measures-to-contain-covid-19/2-1-776040

“Therefore, all operations falling within the above essential services including all SUPPORT SERVICES,
.......................

should continue,” Petronas said in a statement.

Petronas issued the statement following the 18 to 31 March movement control order announced Monday by Prime Minister Muhyiddin Yassin, which includes the closure of all non-essential business and services.

wei...why you all dont talk about corona anymore..

what happened to Dayang?

in UAE if you eat infront of others who are fasting during ramadan...you are punishable...

this shows the spirit of their believes...its a religion which forces self and others... willing or unwillingly....

its like mafia...where there is only in...no exit....

its not fear...but jealousy...

we have to close tea & coffee shop also...since people drink for the caffeine high....

forget about the FTIR equipment...the HDD demand rise seems to have high visibility

Even if current quarantine measures to contain/'break the chain' of covid 19 spread fails....and countries are forced to allow to work again...and cases rise again...

the second lock-down after a period of relaxation of the rules will be much more effective to eliminate the virus...since everyone will be much more knowledgeable and disciplined...

the public habits can only improve....this will enable elimination of the virus eventually..

high fatality rate...not necessarily inhibit transmission...its the time interval from infection to death that determines transmission...a short interval of 1 day does not give much chance to transmit to other...but 20 days does...but both can have fatality rate of 90%

not necessary to drop dead suddenly...it can even show symptoms and die slowly...but fatality rate can still be 99%...

it can still have high mortality rate with long incubation period and asymptomatic transmission....

at 80% mortality...this thing is as good as an alien invasion to wipe out humanity....

this is as good as the horror movies 'Aliens' and 'The Thing'....

infact its far deadlier....just that the virus is invisible and it does not have a scary looking physique..or apparent intelligence...

but its fare more efficient at killing by spreading asymptomatically...

cant believe this is actually happening in my lifetime

with current technology they can easily create such biological weapon......

this shows how vulnerable humanity is...

Stephen Hawking tried to warn as much as possible before he died..

Humanity have very high chance not surviving another 200 years.

Interesting thought Fortune...

true..it could have very well been 99%!

Post removed.Why?

In i3, i always appreciate anyone who can stick out their neck and voice their recommendation/opinions with justifications no matter how smart/silly it may sound like to myself or to another.

Investment seems to be a guessing game of the future using present & historical information against others who are doing the same.

Its about your competitive edge

No one can claim he has exclusive knowledge/skills against the others for certain and for permanently.

however, having said that,
..........................

somehow its apparent that nature/business/investor/human behaviour has a pattern that repeats or 'rhymes', which gives us optimism on the predictability of future

we can see this on how a good management continues to make good business decisions...and good profitable business continues to make more profit (Frontken, Penta)...and a good investor continues to make good investment decisions (e.g, Tan KW. Icon8888 etc)

all we can do is keep refining our self to detect this pattern accurately which has multitude of variables affecting it.....knowing nothing is set in stone

Post removed.Why?

Post removed.Why?

UAE:
......

Is Covid-19 a blessing in disguise for consumer electronics sales in UAE?

https://www.techradar.com/news/is-covid-19-a-blessing-in-disguise-for-consumer-electronics-sales-in-uae

INDIA:
......

Covid-19: Firms scramble for laptops as work-from-home regulations take effect

https://www.livemint.com/companies/news/covid-19-firms-scramble-for-laptops-as-work-from-home-regulations-take-effect-11584470283090.html

USA:
.....

Sales of computer monitors and laptops are surging as we all work from home, NPD says

https://www.cnbc.com/2020/03/31/coronavirus-npd-group-says-monitor-sales-doubled-laptop-sales-up.html

UAE:
.....

Is Covid-19 a blessing in disguise for consumer electronics sales in UAE?

https://www.techradar.com/news/is-covid-19-a-blessing-in-disguise-for-consumer-electronics-sales-in-uae

INDIA:
......

Covid-19: Firms scramble for laptops as work-from-home regulations take effect

https://www.livemint.com/companies/news/covid-19-firms-scramble-for-laptops-as-work-from-home-regulations-take-effect-11584470283090.html

USA:
.....

Sales of computer monitors and laptops are surging as we all work from home, NPD says

https://www.cnbc.com/2020/03/31/coronavirus-npd-group-says-monitor-sales-doubled-laptop-sales-up.html

4 Tech Stocks to Buy Amid Coronavirus-Led Dip

FEB 28, 2020

https://www.nasdaq.com/articles/4-tech-stocks-to-buy-amid-coronavirus-led-dip-2020-02-28

Seagate Technology STX has been benefiting from solid demand for mass storage solutions across edge and enterprise markets. Also, improving trend in PC shipments is a positive for this Zacks Rank #2 company, which carries a VGM Score of B.

We believe Seagate’s NAND-supply deal with Toshiba will help it develop advanced HDD, SSD and hybrid solutions. Higher HDD demand from mass capacity storage vertical, driven by data growth at the edge and in the cloud is a positive.

.....

75% of DUFU revenue is from HDD spacer sales if im not mistaken...

Post removed.Why?

Sales of computer monitors and laptops are surging as we all work from home, NPD says

PUBLISHED TUE, MAR 31 2020

https://www.cnbc.com/2020/03/31/coronavirus-npd-group-says-monitor-sales-doubled-laptop-sales-up.html

exactly trouble huat...its a win win situation just that he has not decided at what price to distribute to all the dummy

Michael Levitt, a Nobel laureate and Stanford biophysicist, began analyzing the number of COVID-19 cases worldwide in January and correctly calculated that China would get through the worst of its coronavirus outbreak long before many health experts had predicted.

Now he foresees a similar outcome in the United States and the rest of the world.

https://www.latimes.com/science/story/2020-03-22/coronavirus-outbreak-nobel-laureate

say, the fight against covid-19 is a complete failure globally....where people are eventually forced to work ..so that they can have food at their table..inevitably accepting that there will be thousands dying...

what should the market pricing be then?

say 3% of the entire world population dies in a year...the 5% growth of real GDP globally will become 2% then...

and this is just for 1 year

should that make the DJIA drop to 18000?

no doubt the world is currently facing extraordinary circumstances...and as always there will be extraordinary solutions when things escalate

If i think i will survive the next 1 year...the market will too

If im not gonna make it...it does not matter what happens to the market anyway.

Laptop Hard Drives : How to Replace a Laptop Hard Drive

https://www.youtube.com/watch?v=8U23F8JuKKE

HDD which contributes 70% of DUFU revenue should spike.

Everybody has to work from home...India itself 1.3 Billion population.

Covid-19: Firms scramble for laptops as work-from-home regulations take effect

18 Mar 2020
https://www.livemint.com/companies/news/covid-19-firms-scramble-for-laptops-as-work-from-home-regulations-take-effect-11584470283090.html

Its research was published in late February, after which the epidemic has expanded rapidly. Many critical components, such as panels, touch sensors and printed circuit boards, come from the badly-hit regions, which will cause a supply crunch heading into Q2 (April-June quarter). As a result, companies are reaching out to the refurbished computers market to meet demand.