Fed interest rate will be down soon, coronavirus cases will become nil and AI elected as PM.......from perfect storm to perfect JAKpot coming soon.

qq3 is not man i heard...he hides underneath skirt or something like that...

DK66 is definitely a man - simply because he is invested in Power generating plant. Its full of machinery & steam boiler which blows....and rotating turbine with alternating current generator. Makes men gets excited..

Rarely women can appreciate this.

I think he has the patience of a woman cos he is from accounting & finance background who has the patience and due diligence to carefully see all the numbers.


Posted by SarifahSelinder > Feb 28, 2020 3:13 PM | Report Abuse

DK66 not a lady?? Sarifah really sangsi

DK66 has d patience n meticulous of a lady


Posted by DK66 > Feb 28, 2020 9:24 AM | Report Abuse

I m not in KL

to all the naysayers, just ask one question to yourself:

Did any of you manage to find any error in DK66 earnings and cashflow estimation - did Mong Duong 2 (perfectly identical plant with BOT contract) financial reports contradict his findings?

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


The argument here on JAKS is its future cash flow. If you guys have nothing to dispute on that...then its all just tin kosong statements here.

Just admit it....Dow Jones, Malaysian politics and Coronavirus has zero effects on its future cash flow.

unlike others stocks in Bursa / Globally - JAKS future cash flow is indeed immune to all the above factors.

its a plain precious opportunity here

Death rate per day - will become nil soon. Infections rate will reach a plateau in a month and very likely a vaccine/strong medicine to manage it will be found by then.

China could bring down from 4000 infection a day to 350 with limited hospitals & resources.

When its global, each country will have abundant resources to handle such small counts in each country.

It will always remain here and there...but total infections a day (worldwide) will unlikely to increase further.

look at the new cases: Only China & Korea...having a few hundred cases

https://www.worldometers.info/coronavirus/

could not figure why market is behaving like this. U.S market needed a correction i guess...it was long overdue..and this virus was just a trigger.

we understand that the completion of its first unit which was initially thought to be by end-2019 is now postponed due to Covid-19. The commercial operation date (COD) is now targeted for 3QFY20,

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

since when was the commercial operation targeted end 2019?

The placement to the grid is as always as planned Mid March 20 and commercial operation by May/June 2020.

How the heck coronavirus can have effects on a targetted operation end of 2019 when it only came to know early 2020?

How can coronavirus effect scheduled plant operation? Vietnam is one of the best country in terms of control placed and the infections there had become nil for sometime.

exploitative and misleading justification from PB

Post removed.Why?

Look at China's counts...and current death rate. It has reduced tremendously...almost becoming nil.

Global market spooked just because it entered Europe and many other countries...current alertness globally will definitely be able to control the spread.

https://klse.i3investor.com/blogs/Jaks%20resources/2020-02-27-story-h1

After adjusting for impairment of goodwill (20m) and investment property (10m), the Property segment actually reported a profit of RM1m.

Construction profit before impairment of receivables (27m+11m) RM38m

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

@DK66, If the above impairments are taken out, what would be the profit attributable to ordinary equity holders of the parent (Jaks)?

To all Jaks shareholders, see what was MFCB's earnings and cash flow for qtr Sept 19 which was announced on 18th Nov and the price it was trading then.

Also, see how market reacted on 19 Nov. Do not allow opportunist to buy from you cheap.

DJ can collapse, coronavirus can become a pandemic, malaysian politics and country economy can go down the drain...

But nothing can stop the Vietnam power plant from generating power.
...........................................................

...that's REAL and for bloody 25 years.

To all Jaks shareholders, see what was MFCB's earnings and cash flow for qtr Sept 19 which was announced on 18th Nov and the price it was trading then.

Also, see how market reacted on 19 Nov. Do not allow opportunist to buy from you cheap.

DJ can collapse, coronavirus can become a pandemic, malaysian politics and country economy can go down the drain...

But nothing can stop the Vietnam power plant from generating power.
...........................................................

...that's REAL and for bloody 25 years.

well said Zaid Ibrahim - totally agree

next qtr would be even more beautiful, % completion will become even more aggressive

i hope market is no longer that dumb to sell tomorrow....look at the cash flow:

Operating profit before working capital changes 9 months ended Nov 19': 136.268 M

Operating profit before working capital changes 12 months ended Dec 19': 181.591 M

Difference: 45.3 Million (for qtr Dec 19')
------------------------

Its just 2 weeks away from placing the power to the grid (the cash cow)..It is the start of a long 25 years journey milking cash.

Such utility business is where the investors will flood in a uncertain future of global market.

ask the stubborn old cock to give a way....

what stimulus is this? when you cannot make profit what difference does tax cut or deferment makes?

when you had poison the whole country...this feels like a drop of water in a raging fire..

race religion politics is definitely something the country needs to move away from....but we still need someone to voice..whistle blow the wrongs...

where would the check and balance be then?

Extract below posted on MFCB forum. very interesting info

JAKS is 1200 MW at 30% stake - potential 40%

Posted by The_Reds > Feb 25, 2020 7:05 PM | Report Abuse

"During the period to 31 December 2019, Électricité du Laos (“EDL”) was able to evacuate only up to 85 MW of power while awaiting the completion of the new 500KV transmission line to
Cambodia."

This contributed to pre-tax profit of RM29.7 million inaugural income from energy sales.

The max capacity of Don Sahong is 260 MW, so u all can roughly guess the energy sales profit for next quarter

Interesting indeed....

Posted by The_Reds > Feb 25, 2020 7:05 PM | Report Abuse

"During the period to 31 December 2019, Électricité du Laos (“EDL”) was able to evacuate only up to 85 MW of power while awaiting the completion of the new 500KV transmission line to
Cambodia."

This contributed to pre-tax profit of RM29.7 million inaugural income from energy sales.

The max capacity of Don Sahong is 260 MW, so u all can roughly guess the energy sales profit for next quarter

20 cents...mind blowing!

Virus hits shipping, spreading global economic strain

https://www.thesundaily.my/business/virus-hits-shipping-spreading-global-economic-strain-JF2034209

On Monday, we all can watch the fight between the intelligent investors versus "egoistic" investors.

surely he would not have such sleepless nights if he had held the 25 year earnings utility stock instead

i was actually thinking earlier uncle would not post to justify Dayang on Sunday...as it means he is kinda spooked with Dayang's results


sadly, he did

ha ha..confirmed Investhor is Bursamaster..but for me it does not matter..as much as the psychological trick used to make naive investors to buy...

@investhor, the demand for oil is decreasing as reflected by the oil price...you can see aviation and all other logistics dropped significantly due to coronavirus....

This means, the current refining capacity is in excess to the amount it has to refine...

remember, crack spread has to be way higher than 9 usd/brl.....i wont reveal much so that the market does not get smarter than me...

all i can advise is the risk is not worth it...go for the 25 years recurring earnings utility stock

the demand for oil is decreasing as reflected by the oil price...you can see aviation and all other logistics dropped significantly due to coronavirus....

This means, the current refining capacity is in excess to the amount it has to refine...

remember, crack spread has to be way higher than 9 usd/brl.....i wont reveal much so that the market does not get smarter than me...

all i can advise is the risk is not worth it...go for the 25 years recurring earnings utility stock

you can play with services...as delivery is upon acceptance by the customer...but for goods its straightforward - you cannot hide it..

auditors will ask proof of delivery

he is just speculating via hope...as the price appears very low to its 2017 high..

remember the 2 cents dividend

he is just speculating via hope...as the price appears very low to its 2017 high..

remember the 2 cents dividend

my company management was screwing me for not invoicing after delivery....as the auditors screwed them.

when goods or services is deemed delivered as per contract, incoterms...Invoice has to be immediately raised.

better to go for utility stocks which has 25 years recurring earnings certainty...

at such low interest rate....volatile market...certainty of earnings is the new game in stock market

better to go for utility stocks which has 25 years recurring earnings certainty...

at such low interest rate....volatile market...certainty of earnings is the new game in stock market

in a market where demand is decreasing...and refinery is in excess capacity..
crack spread can only go down...

do not gamble on momentary spike in earnings...its not worth it..its not sustainable

the only time to touch this stock is when u see oil trading above 70 usd/brl

the price gives an idea on barrels consumed - demand

in a market where demand is decreasing...and refinery is in excess capacity..
crack spread can only go down...

do not gamble on momentary spike in earnings...its not worth it..its not sustainable

the only time to touch this stock is when u see oil trading above 70 usd/brl

the price gives an idea on barrels consumed - demand

Dayang's recent earnings is good though. Just that we dont want the risk of seeing next qtr reporting 6 cents EPS

...........

stock market moves foreseeing 6 months ahead...

need to make good judgement from insights......you cannot wait for concrete data to emerge and decide...by then its too late already.

go for the one that has 25 years steady recurring earnings.....utility stocks

even coronavirus may affect Dayang vessel utilization rates

Taking us around the factory, Mr. Do Manh Hung, Head of Government Relations and Business Development Department of Jaks Hai Duong Power Company, the investor, excitedly said: "Come Now, the project has completed 90% of the total workload..

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

The above statement was made on 2nd Jan 2020

Post removed.Why?

may be should recognize all revenue by 2Q 2020, since unit 1 will enter grid by Mar 20' and Unit 2 would be just waiting green light from EVN to place to the grid by then...

cant see much activity other than labor (commissioning) after June 2020

Dayang almost PE 10 already...move to JAKS which has certainty of such earnings for next 25 years.

Stimulus package to directly help businesses hit by outbreak'

https://www.nst.com.my/news/nation/2020/02/567578/stimulus-package-directly-help-businesses-hit-outbreak

Businesses severely affected by the Covid-19 outbreak can expect direct aid from the government’s economic stimulus package, especially the tourism, retail and aviation sectors, said Deputy International Trade and Industry Minister Dr Ong Kian Ming.

PETALING JAYA: The directors of the AIRASIA Group gave their nod in 2010 to efforts by Tan Sri Tony Fernandes (pic) to build the AirAsia brand through sponsorships, said sources.

The board of AIRASIA X had approved amounts of up to US$250mil sought for a sponsorship strategy via a Formula One racing team.

The sponsorship was a way to lift the AirAsia brand and allow it to be a globally recognisable brand, said a source.

Directors gave nod to Fernandes

https://www.thestar.com.my/business/business-news/2020/02/19/directors-gave-nod-to-fernandes

it is hypocrisy.....which is true denial

and we have hypocrisy both in terms of bribery.....and fear from virus.....

like TKO said 'Manic sensationalisation of the coronavirus'

we also have "Manic sensationalisation of penny bribery"

ha ha...it will rise..

exactly...thats all the market needs to hear and i need to hear....

AA rise is inevitable...


its as sure as the rise of the sun tomorrow morning...