Ya warrant RI dulu messed up by Koon

Buat PP skrg bukti warrant RI dulu not to chase Koon out

Koon sendiri yg sensitf dan gatal

Klau ada pergi la AGM bersama sama

Sibuk je sslee ni dah beli Jaks ke?

qqq3

Don't be so prior 15 may 2018

Biar la sslee cuba try to change d world

LOL

Or mungkin AhSeng sendiri

Less likely to b Koon

Taksiran Sarifah u ni gang member AhSeng

LOL

Byk materials parts (even boilers turbines? ni more likely paid in Mar quarter) dah paid for but no yet installed??

Barang dah ready on standby for installation

Ada proper planning ahead la ni



I assume this is referring to JHDP's books. This shows that 53.8% of project payment has been made til Dec 2018


DK66 Thanks to Mr Sslee for getting the clarification. 

The power plant is capitalized at USD1.001bn at as Dec 2018. Bank 
borrowing remaining to be injected is USD644m while equity portion is 
USD123m (CPECC) and JAKS (USD92m). 

I assume this is referring to JHDP's books. This shows that 53.8% of project payment has been made til Dec 2018. 

There are more revelations from this information ........... let me digest and put it in proper perspective. Please wait.

18/04/2019 12:33 AM

Without a forced selling mcm Koon Sarifah curious nak tgk how much Jaks can fall to

qqq3

Jgn so last gomen

Taksiran Sarifah ALP will be forthcoming in the AGM as the IPP Vietnam is celebration

about USD 1.5 cents per KWh net of-tax guarantee profit per KWh??


13% more is a lot more of profit

90% is good

Taksiran Sarifah can hit sbb Vietnam in need of power

Nampak questions mcm same style je Sslee boleh kerjasama dgn MSWG both asking almost questions yg sama


Is it a good idea to have MSWG watch over ALP too?

Minimum 77% how high can the plant go? 100%?

Not 600,000,000 × 2 × 0.77 × 24 × 365
= 8,094,240,000 kWH

Not 600,000,000 x 2? Ada susut nilai?

What the...

How come Sarifah got drawn into tis kind of complicated calculations?

Sarifah has been relaying on the sistem that is working

Sarifah rely je on the lawyers engineers bankers dan experienced CPEEC to cover Sarifah back

No problem cara ni


LOL

Jz nak tahu je

Sarifah faham u want to show there is guaranteed profit under the 2 tier PPA

DK66

Mcm mana u get this 7.5b KwH?

The IPP produced 7.5b KwH of electricity annually

0.90 to 2.90 is 200% profit

Klau sekelian faham calculations Sarifah then sekelian faham la knp...


Sarifah tetap berjiwa IPP tetap unapologetic angkuh dan liar


Sarifah tetap berjiwa IPP tetap unapologetic angkuh dan liar

Understand Sarifah calculations?

Sarifah really worried u all do not understand

Sekelian ada faham tak?

Ada margin of safety

Tanpa loss from property segment

175m IPP PAT can support harga sekurang kurangnya 2.90 at PE 10x je

Say IPP Vietnam 175m (kompromi sikit)

Say property segment 50m loss (ni agak tinggi sikit dah)

Balance 125m can support FV sekurang kurangnya upto 2.00

Tapi kena ingat property segment kan ditutup soon

Tapi taksiran Sarifah 150m from IPP Vietnam is too low

Say property segment screwed up by 50m

Balance 100m can support harga sekurang kurangnya 1.80

100m for property segment to screw up

Sgt besar tu margin of safety

50m PAT can support 90sen


150m - 50m = 100m

So 100m remaining for property segment to screw up


Can property segment screwed up to the tune of RM100?


Taksiran Sarifah x mungkin

RM 150m is too low

KYY timing was out tapi choosing Jaks x salah

Apa mcm short term trader appointed to the board tapi 3 to 6 months later resign sbb dah sell off

Main main je mcm ni

Yg ni ok tapi cannot la suddenly from trader to want seats in the board

Takut takut kan orang ni

KYY suka IPP Vietnam so much he kept buying

KYY x salah on the IPP Vietnam

Ok terima kasih

Now we have clear picture of what transpired

And it is a fair deduction that ALP is a crook assessment is not fair

So the courtesy, trusting and forthcoming x reciprocated

So u surprised ALP

DESA!!! WHY R U WAITING??

SarifahSelinder Was the courtesy, trusting and forthcoming reciprocated?

16/04/2019 10:08 AM

X

SarifahSelinder Was the intention to hit all the way upto 30% ever been indicated at the time at the very least in passing to ALP?

16/04/2019 10:08 AM

DESA!!!

Desa!!!!

Was the intention to hit all the way upto 30% ever been indicated at the time at the very least in passing to ALP?

Was the courtesy, trusting and forthcoming reciprocated?

qqq3

Let's kill time

qqq3

Flashback Flashback Flashback

Flashback to bila u being Desa

Sarifah rasa ALP was quite courteous, trusting and forthcoming with u ada byk cerita kat u even told u don't tell gomen Vietnam IPP kan make super profit

Rasanya ori there was much welcome pada masa tu

Was the courtesy, trusting and forthcoming reciprocated?

Was the intention to hit all the way upto 30% ever been indicated at the time at the very least in passing to ALP?

Was the 30% and the request to have board seats a sudden move that stunned ALP (and those in the shadow) to their cores??

And got them into their defend mode

And finally lead to the 64m loss story

Wounded and in retreat KYY had called ALP a crook is this assessment fair??

Jaks IPP Vietnam is in good hands

Hanya cuma tunggu sikit masa lagi

Sarifah tetap berjiwa IPP tetap unapologetic angkuh dan liar

Oh yeah dah key in to beli ke belum?

Biar cepat jgn lambat

Probaliti tu dah key in yesterday Sarifah pasti

Welcome to Jaks

Sarifah tetap berjiwa IPP tetap unapologetic angkuh dan liar

Almost certain.... make sense now 

IPP rather "low" 12% IRR yet org bikin sbb it is guaranteed 

Dare to charge hefty late delivery penalties because it is guaranteed 

Top secret under OSA Vietnam because agreements not fully in commercial terms


GUARANTEED BY GOMEN VIETNAM

Phillip capital n Kenanga berbeza sikit nampak mcm they have done some own calculations


Tapi 120m to 150m je way too low


PE patut 8x not 15.6x


Sarifah think profit seberna bigger

Bersama sama kita tunggu la


 Posted by SarifahSelinder > Apr 14, 2019 10:19 AM | Report Abuse X

Ballpark 

Projek cost 7.8b PAT 500m 

PE 15.6x 

Langsung not inspiring at all

Posted by SarifahSelinder > Apr 14, 2019 4:40 PM | Report Abuse X

Point ni is indisputable!! 

There is no way the lawyers bankers experienced CPEEC do not know abt kos of coal (easily 45%? of total cost) b4 signing the IPP agreements

*did


So the system works the financial system works


The lawyers the bankers the experienced CPEEC worked as they should tak let us down dah properly covered our backs


Those who have trust that the system works beli below 70 sen


Those who kena verify and do some googling will buy above 90 sen


Those yg invest in insas who needed 3 years after the dust settled kind of certainty will buy at 3.00

What weird question

Background apa probability ni agaknya?

Chemist?

Cikgu?

Cikgu chemistry?


probability so the US$ 120M profit is excluding any principal payments to the loan?

14/04/2019 10:59 PM

Sarifah tetap berjiwa IPP tetap unapologetic angkuh dan liar