For your reference:
Gasoil/diesel crack spread chart (historical highest level range)
https://www.tradingview.com/symbols/NYMEX-GOC1%21/
https://www.investing.com/commodities/nymex-singapore-gasoil-platts-c1-futures-historical-data
Kerosene/ jet fuel crack spread (at historical highest range level)
https://www.tradingview.com/symbols/NYMEX-ASD2!/
Gasoline/petrol RON 92 crack spread spread chart (normalize level range)
https://www.tradingview.com/symbols/NYMEX-D1N1%21/
SINGAPORE MOGAS 95 UNLEADED (PLATTS) FUTURES
https://www.tradingview.com/symbols/NYMEX-AV02%21/
Brent crude oil
https://tradingeconomics.com/commodity/brent-crude-oil

Repost:

1.) Vietnam Power Plant Share of Profit n Dividends :

2020 : RM 3.8 million ( 1 Power Plant is COD on Nov 2020 )
2021 : RM 140.7 million (The 2nd Power Plant is COD on Jan 2021)
2022 : RM 156.2 million , Dividend RM 70.0 million
2023 : RM 131 million , Dividend RM 27.385 million

Total Share of Profit = RM 431.703 Million
Total Dividend = RM 97.385 Million

Did anyone question BOD why 2023 dividend from JHDP reduce to RM 27.385 million compare to 2022 of RM 70 million?

Why Jaks did not take up the addition 10% JHDP option?

What will be expected 2024 dividend from JHDP?

Q1 2024 Finance cost RM (8,054,000) will dividend from JHDP enough to cover the finance/interest cost for FY2024?

Will there be another PP or RI in year 2025?

Assets rich but negative cash flow. Can you liquidate the assets and get the money. Or jaks will keep asking money from you thro' RI

Anyone want to buy Evolve mall from jaks?

I have no problem with people who trade for profit what I cannot fathom is people like dumbass Mike-tikus trying to act smart giving his fake FA and TA to lure newbie to chase high so that he can sell his ticket to newbie.

Expecting a poor result as refining crack spread is poor.

If insiders done all the below:
1. Need yearly PP or RI for working capital and bank loan repayment
2. Yearly multimillion impairment of trade and other receivables
3. Did not fulfilled the promise given to shareholders at AGM of no problem in getting finance from Singapore financial institute to subscribe for addition 10% JHDP option
4. Keep signing MOU but nothing materialized
5. Keep rewarding insiders with LTIP free shares grant
6. PP at lower and lowest price
7. Mike-Tikus day and night using his copy and paste misinformation or faked FA and TA to promote jaks
8. Never give any dividend to shareholders
9. Lower and lower revenue as no new jobs won.
10. Negative cashflow

With these 10 characteristics BOH CHOW CCCCCCCCCC AAAAAAAAAAAAAAAAAAA !!

My calculation quarter end 31/6/2024 the disposal of 11 milliom inari shares brought in RM 41.4 million cash with disposal gain of RM 29.6 million.

Welcome back leno.
Blog emoji will not show up.
Only comment can use emoji

leno is back???????

14 Aug 2024 - BOH CHOW CCCCCCCCCC AAAAAAAAAAAAAAAAAAA !!
Author: leno | Publish date: Wed, 14 Aug 2024, 11:54 AM

Testing 1 2 3 ....

Boh Chow cccccc Testing 4 5 6 ....

Chow Ka Chik aaaaa 7 8 9 ....

where the Fak is the Emoji ?

2Q2024 was at the tail end of Thailand’s tourism season but AAV was able to maintain a satisfactory performance, achieving a revenue of Baht 11,485 million, up 14 percent YoY. EBITDA in the quarter was Baht 1,909 million, up 5 percent from the corresponding period last year. Due to exchange rate fluctuations in 2Q2024, the Company experienced a FX loss of Baht (226) million but was nonetheless able to report a net profit of Baht 84 million that was mainly supported by improving operational performance.

AAV Q2 result.

MAINTAINED GENERATING CORE PROFIT OF 310 MTHB
Weakened Baht still resulted in FX loss of (226) MTHB, mostly unrealised

Aiyoyo,
I am a trader just trade for 30% gain or for fun of getting free bintang beer and lobster.

Unlike Mike-tikus try to act like FA and TA master (jaks' 18 floor is the bottom) and trapped himself in jaks since April 2023 and then promote jaks with misinformation day and night 24/7/365 non stop to no avail.

Did this dumbass know share of profit is a non cash flow item which does not involve cash received.

Posted by Johnchew5 > Aug 14, 2024 8:52 AM | Report Abuse
Depreciation charge is a non cash flow item which does not involve cash payment

Total Share of Profit = RM 431.703 Million
Total Dividend = RM 97.386 Million
Total = RM 529.089 Million

Only dumbass will add this together.
Know how much insas share of profit from Inari per year and dividend reveived from Inari per year?

HDPP term loan 10 years, plant depreciation 25 years. So don't expect HDPP to pay good dividend till 2030.
So only come back to revisit jaks year 2030.

Depreciation over how many years? And term loan how many years?

Know why HDPP only good in reporting good profit but can't pay good dividend?

Loss( RM 1.4 Million) + Loss( 0.4 Million ) + Profit RM 0.96 Million = Loss or Profit before tax?????

How much did LSS4 50MW cost Jaks and did LSS4 make loss/profit?
Know how much rental for 1700 acres will be and this time round any financial institution dare to lend any money to jaks?

Note: a 10 year term loan of RM 250 million taken for Envolve mall now still outstanding RM 211.42 million. Chamloh know how old already Envolve mall and how to pay the balance?

Facility Bank: Purpose of borrowing
Interest rate(% perannum):Principal amount(RM’000):Tenure:Total amount: outstanding as at LPD(RM’000):Proposed repayment(RM’000)

Term loan Great Eastern Term loan provided to part finance the development cost of a 4-storey shopping mall known as Evolve Concept Mall:
6.0 250,000 10 years 211,418 13,000

Term loan Maybank Term loan provided to part financethe acquisition of a 4-storey commercial property known as Pacific Towers:
7.4 100,000 10 years 73,635 10,000

Letter of credit /Trade financingAl-Rajhi Banking
& InvestmentCorporate (Malaysia) Berhad
To facilitate and finance local purchase/ importation of raw materials/ trading goods relating to Company’s principal line of business
6.5 40,000 N/A 22,500 10,000

https://www.petronas.com/pcg/investor-relations/annual-general-meeting
2024 AGM Q&A

PREFCHEM capacity:
3.4 million tonnes per annum of Ethylene, Propylene, Butadiene, Benzene and MTBE

Question
63. News reported that China's petrochemical capacity is poised to see considerable growth, due to refinery switching to produce more petrochemical products than fuels. The local demand cannot absorb this capacity and will lead to export. Will this cause big threats to our company?
What are PCG's competitive advantages if compared to Chinese players? Do PCG have cheaper feedstock costs?

Answer:
China's self-sufficiency policy is indeed causing overcapacity in the market. We expect China to continue its capacity build-up in 2024 until later this decade. While we may expect increased competition, there are selected chemicals and related products that China, as well as other countries in the region, will continue to demand.
PCG’s competitive advantage includes our fully integrated facilities with secure feedstock supply. We have a large and diversified portfolio with close proximity to growth markets that will enable us to continue to serve the Southeast Asian markets.


68. The commissioning of our petrochemical plants at the Pengerang Integrated Complex (PIC) is still ongoing (page 18)
i. What is the total amount invested in Pengerang PetroChemical Plants?
ii. Normally how long does it take for these plants to break even?
iii. What are the expected additional depreciation charges when these plants commence operation?

Answer:
i. The PIC project is financed from external project financing facilities as well as investment by the shareholders via equity and loans.
ii. PIC is expected to provide material contribution to PCG’s future earnings, upon Commercial Operation Date (COD) subject to market conditions and gradual ramp up of plant operating rates.
iii. Upon COD, PIC will be depreciated

69. Any solution from PIC (Pengerang Integrated Complex) to handle the poor margin spread of naphtha feedstock-ethylene derivative?

Answer:
Utilising liquid feedstock is a strategic decision to reduce our dependency on gas while allowing us to grow and provide us the opportunity to produce other products that are otherwise not available
with gas-based plants.

This includes feedstock such as butadiene for our new joint venture project to produce Nitrile Butadiene Latex (NBL) and raffinate for our Isononanol plant in Pengerang, Johor.
Molecules made available from the naphtha cracker will allow us to produce high value derivatives and expand further downstream, whilst pursuing our specialty chemicals agenda. The fluctuation of margin between gas-based and naphtha-based products also provides us with earnings stability.

Question
63. News reported that China's petrochemical capacity is poised to see considerable growth, due to refinery switching to produce more petrochemical products than fuels. The local demand cannot absorb this capacity and will lead to export. Will this cause big threats to our company?
What are PCG's competitive advantages if compared to Chinese players? Do PCG have cheaper feedstock costs?

Answer:
China's self-sufficiency policy is indeed causing overcapacity in the market. We expect China to continue its capacity build-up in 2024 until later this decade. While we may expect increased competition, there are selected chemicals and related products that China, as well as other countries in the region, will continue to demand.
PCG’s competitive advantage includes our fully integrated facilities with secure feedstock supply. We have a large and diversified portfolio with close proximity to growth markets that will enable us to continue to serve the Southeast Asian markets.


68. The commissioning of our petrochemical plants at the Pengerang Integrated Complex (PIC) is still ongoing (page 18)
i. What is the total amount invested in Pengerang PetroChemical Plants?
ii. Normally how long does it take for these plants to break even?
iii. What are the expected additional depreciation charges when these plants commence operation?

Answer:
i. The PIC project is financed from external project financing facilities as well as investment by the shareholders via equity and loans.
ii. PIC is expected to provide material contribution to PCG’s future earnings, upon Commercial Operation Date (COD) subject to market conditions and gradual ramp up of plant operating rates.
iii. Upon COD, PIC will be depreciated

69. Any solution from PIC (Pengerang Integrated Complex) to handle the poor margin spread of naphtha feedstock-ethylene derivative?

Answer:
Utilising liquid feedstock is a strategic decision to reduce our dependency on gas while allowing us to grow and provide us the opportunity to produce other products that are otherwise not available
with gas-based plants.

This includes feedstock such as butadiene for our new joint venture project to produce Nitrile Butadiene Latex (NBL) and raffinate for our Isononanol plant in Pengerang, Johor.
Molecules made available from the naphtha cracker will allow us to produce high value derivatives and expand further downstream, whilst pursuing our specialty chemicals agenda. The fluctuation of margin between gas-based and naphtha-based products also provides us with earnings stability.

Know what happen to Malaysia’s PRefChem, a JV between PETRONAS and Saudi Aramco, mega cracker plants in Pengerang Integrated Petroluem Complex?

Jaks

1.) Vietnam Power Plant Share of Profit n Dividends :

2020 : RM 3.8 million ( 1 Power Plant is COD on Nov 2020 )
2021 : RM 140.7 million (The 2nd Power Plant is COD on Jan 2021)
2022 : RM 156.2 million , Dividend RM 70.0 million
2023 : RM 131 million , Dividend RM 27.385 million

Total Share of Profit = RM 431.703 Million
Total Dividend = RM 97.385 Million

Did anyone question BOD why 2023 dividend from JHDP reduce to RM 27.385 million compare to 2022 of RM 70 million?

Why Jaks did not take up the addition 10% JHDP option?

What will be expected 2024 dividend from JHDP?

Q1 2024 Finance cost RM (8,054,000) will dividend from JHDP enough to cover the finance/interest cost for FY2024?

Will there be another PP or RI in year 2025?

Aiyoyo,
What a cheap dumbass Mike-tikus hard selling penny stocks without fundamental and get himself trapped inside jaks for more that a year now.
And his only TA skill is pount 1,2,3 and 4/swing -swing.

Aiyoyo,
Mike/John-tikus where got money to sepot OTB/Ytlpower.
He can only sepot penny stocks like Zelan, Priva and Jaks

The question what will happen when China turn from big importer of petrol chemical to big exporter of petrochemical?

Ah Thong do not have a choice. Once he exercise his Insas- WC to Insas he will trigger the 33% threshold and mandatory to offer a conditional MGO.

Repost:
Aiyoyo Mike/John-tikus,
My facts n figures on Jaks
Jaks revenue of RM 14,217,000 not even enough to cover Other Operating, Administrative Expenses RM (15,997,000) what more Finance cost RM (8,054,000). So chamloh next year another PP or RI?


Quarter Quarter
ended ended
31-Mar-2024 31-Mar-2023
RM'000 RM'000
Revenue 14,217 14,160 1
Cost of Sales (15,336) (13,337)
Gross Profit (1,119) 823
Other Operating Income 510 489
Selling and Distribution expenses
Other Operating, Administrative Expenses (15,997) (14,875)
Operating Loss before finance cost (16,606) (13,563)
Finance cost (8,054) (5,723)
Operating Loss after finance cost (24,660) (19,286)

Aiyoyo,
Everyone seem to approach Mike/John-tikus. Any reason to do so? Or is Mike/John-tikus name-dropping again to get attention?

Aiyoyo John-tikus, every Tom, Dick and Harry already know Power profit will be down from it peak what remain unknow is how fast ytlpower can turnaround water business and how profitable will be the Data center business.

If Dato Sri Thong manage to increase his holding from 32.96% to more than 50% then the MGO is unconditional and later he will demand Insas to pay better dividend and also SBB.

Insas RM 2 cominnnnnnnnnnnnng.

Dato Sri Thong will just convert his Insas-WC and trigger a conditional MGO.

Type: Warrants
Sector:
Listing Date: Mar 05, 2021
Maturity Date: Feb 28, 2026
Issue Size: 331,510,380
Exercise Price: MYR 0.90
Ratio: 1:1
Underlying Stock: INSAS
Avg Volume (4 weeks): 1,913,690
4 Weeks Range: 0.21 - 0.345
52 Weeks Range: 0.14 - 0.485

Leno 60 can mean RM60 or 60sen but the chance of 60sen is more likely than RM 60.

Aiyoyo Haha Mike-tikus sudah masuk jail now his twin brother Hoho John-tikus took over his place🤣🤣

Have they declared any DVD lately ???
TTB only good at talk the talk but never walk the walk.

Leno sold Insas and all in Insas-WC.
Leno reason is insas 60 kambinnnnnnnnnnnnng

Repost
Aiyoyo Mike-tikus,
Jaks revenue of RM 14,217,000 not even enough to cover Other Operating, Administrative Expenses RM (15,997,000) what more Finance cost RM (8,054,000). So chamloh next year another PP or RI?


Quarter Quarter
ended ended
31-Mar-2024 31-Mar-2023
RM'000 RM'000
Revenue 14,217 14,160 1
Cost of Sales (15,336) (13,337)
Gross Profit (1,119) 823
Other Operating Income 510 489
Selling and Distribution expenses
Other Operating, Administrative Expenses (15,997) (14,875)
Operating Loss before finance cost (16,606) (13,563)
Finance cost (8,054) (5,723)
Operating Loss after finance cost (24,660) (19,286)

Our existing policy is to pay a minimum dividend of 20% of net profit subject to not compromising the Group's ability to support its pursuit for long-term growth. However, that will not restrict declaration of dividend of more than 20%. With improvement in financial position and market condition, the dividend payout will increase accordingly.

Mike-tikus mind alao include other operating incomes from FY 2019 to FY 2023?

To be fair Insas is still the most undervalued stock in Bursa.
Cash alone already billion and still holding 515,008,575 inari share

Insas
Market Cap: 728 Million
NOSH: 693 Million
Avg Volume (4 weeks): 1,282,170
4 Weeks Range: 0.98 - 1.19
52 Weeks Range: 0.845 - 1.35

Theedgemalaysia boss Tong finally cut win on Insas but still holding on Insas-WC.
So cut win is easy then cut lose.

Anymore newbie trying to outsmart Dato' Sri Thong and become the new controlling shareholder of Insas?

Insas quarter end 31/6/2024 should be a good result due to disposal gain on associte company Inari.

Aiyoyo klee pay peanuts and get monkey.
Maybe another big jobless Monkey Mike-tikus is the best candidiate for gm post for your real estate companies.

Aiyoyo ktlee,
Me as GM built plants and now this site alone export 1.2 million ton of products worth abt USD 1.2 billion per year.

And your company's gm buy you coffee n lunch sometimes, also had to buy toilet rolls for you.
So your gm is just another office boy...??

Wonder how much you pay your GM?

StartOfTheBull,
You must pity Mike-tikus a bit eventhrough he is financial illiterate, jobless and penniless at least Mike-tikus can now everyday loitering in i3forum cari gaduh with people.

@klee, Congratulation for your 300% gain in 3 days.
I already sold most of my Insas for 30%+ gain.

How to calculate % gain for my Insas-WC come free with Insas-PB?

By the way mind telling what job are you holding now?

Me
UM Chemical Engineering graduate 1986
My career path:
Production Executive - Production Engineer (SAB) 1986-1991
Shift Manager (Tioxide) 1991-1996
Engineering Manager- Business Development Manager (SAB) 1996-2001
General Manager (MM) 2001- now

Mike-tikus mind telling what job are you holding now?

Posted by twobits > Aug 11, 2024 12:13 PM | Report Abuse
John... Whatever your name is?

I can assure you stingray is doing pretty fine... He didn't loss in hsi.. he just came back recently family vacation at Europe.
Where is your last trip to Europe ya??

As for duit...he is a VP in one multinational company..

What job are you holding now?

Aiyoyo Mike-tikus is a jobless man still stay in parent house, no family, no friend and thus everyday loitering in i3forum cari gaduh with people.

He is good in name-dropping to get attention and then name-calling others as con or play wayang.

He is financial illiterate and his only TA skill is point 1,2,3 and 4. Hence get himself trapped inside jaks for more than a year now.

Careful with Japan market, if one megaquake strike then Nikkei is a gone case.

On August 8, the JMA issued its first “megaquake” advisory, covering 29 prefectures along Japan's Pacific coast. It is the first such warning under an alert system that was rolled out in 2019 as part of the Japanese government's extended response to the 2011 triple disaster.

PT AirAsia Indonesia Tbk reported another lose making quarter.
So what do you expect for capA?