Global ESG leader, Germany already abandoned green energy policy, resume coal fire power plant

More EU countries are following to resume coal fire power to meet power demand

Ekovest get direct contract from government instead of get subcontract from adil permata. Ekovest status jointly partner, not subcontractors.

Whereas, gadang get subcontract from adil permata. Subcontract fetch lower profit margin if compared to ekovest direct main contract from gov

Ekovest get direct contract from government instead of get subcontract from adil permata. Ekovest status jointly partner, not subcontractors.

Whereas, gadang get subcontract from adil permata. Subcontract fetch lower profit margin if compared to ekovest direct main contract from gov

You seem forgot that jaks best EPS record was when power plant is at construction stage. The profit margin from construction stage is as high as 28% for period 3 year. Jaks share price get booster at that time, and everyone eyeing for its Viet lucrative power plant, but keep drag back by its local business.

Now, COD finally achieved, but EPS continue drag down again by local business, jaks share price also dampen to current lowest level.

Toyo have none of above problem, it will recognized massive construction profit during 3 year construction period and subsequent COD later due to

1. none of loss making local business to offset Vietname lucrative profit
2. Small capital base, just 5% of share volume if compared to jaks over side share base
3. Larger power plant capacity, almost 2x higher 2100MW compared to jaks 1200MW
4. Toyo to retain 40% stake in power plant if compared to jaks 30% (although jaks have option to increase to 40% if exercise its option to buy additional 10%)

Toyo already achieved financial close on power plant, it mean all document in regard to project China deliver partner, time to COD etc already satisfy, allow financier to release funding now.

Jaks is good if can get rid of local business

haha, just go search yourself in bursa, check yourself in Jaks Q result and on its final Q make impairment and private placement cash decreasing on each Q due to local business

Toyo local business is profitable albeit as small scale. The construction profit from Vietnam ancillary civil work on power plant, worth at least RM 3 billion, to be recognized during construction period is FAT enough for toyo to record massive EPS due to its small capital base.

Jaks power plant aldy operation, but, almost half of the power profit offset by loss incur in Msia business. More importantly, Jaks Malaysia business is recurring every year due to low occupancy rate in its shopping mall. With almost billion worth of shopping mall in its assets, it is prone to huge impairment in future.

Jaks need to be firm to dispose these loss making business, suffer one off write-down, turn to pure power stock instead of retain for it for continue loss, offset power profit.

i believe many jaks investor will swap to toyo venture soon.

These structural work will let toyo start profiting at beginning of construction through construction profit for first 3 year period and thereafter 25year concession power traffic.

Toyo will divest 60% majority stake to its China partner, the gain arise will use to setoff for its equity portion in funding.

Toyo will retain ancillary construction project like jetty, coal storage warehouse, civil work infrastructure , worker housing etc. China partner will responsible for EPC work for main power plant

Song Hau 2 Thermal Power plant construction begin, target commission for unit1 in Q2 2025 and unit 2 in Q3 2025

On the same day, the Government leader inspected the construction of Song Hau 2 Thermal Power Plant project in Mai Dam town,......

https://en.vietnamplus.vn/pm-attends-inauguration-of-song-hau-1-thermal-power-plant/233875.vnp

force, bought back all at 32.5sen :(

Oop! momentum return

sold balance at 32sen

Cut cypark at 31.5sen, lack of momentum, free up capital

Yup, crack spread down significantly, back to normal. Continue monitor Petronm price, buy on weakness, sell on strength to lock profit for recurring

sold at 98sen, lock profit

bought tambun at 81.5sen

sold back at 3.47-3.49 locked profit.

sold back at 4.74-4.75, locked profit.

CPO price recovery, stock oversold, time to rebound

CPO price recovery, stock oversold, time to rebound

bought back petronM at 4.52-4.56

Bought tsh at 95-96sen

Bought taan at 3.38-3.40

Bought toyo at 70-71sen

PetronM FA is excellent, but TA is weak now.

The lower the best to accumulate as re-entry price is key determinant on what profit margin can get later. Monitor news on potential ceasefire before winter and upcoming Biden pressure on Saudi to further increase output. Such external news, and geopolitical development can affect crude oil intensely, initial stock hard rock support level could anytime break again. Your target 3.20 could be possible reach, good luck . More than happy to join back, wait for news development

locked profit first at 1.50

For trading strategy, TA come first, FA only second. Monitor PetronM chart trend to determine right timing to re enter. Meanwhile, crack spread correction continue to normalize, affecting profit margin from refining, but PetronM vast retail distribution still worth a lot more if compared to PetDag

Petron declare once dividend a year, still have lot of time to buy if wan to enjoy next dividend.

Bullish

Sell on strength, buyback on weakness. My target re entry level still below 4.50. You can still wait at 3.20 ya

hahaha, locked profit is win cut mah, anytime can buyback on weakness.

locked profit at 2.23

Locked profit at 4.72-4.74

Unisem payout regular dividend and in net cash position

bought skpr at 1.45

Recovery mode

bought ekovest at 39.5sen

Rock bottom already hit, rebound is expected

Goods, hope can get your portfolio soon ya.

Ekovest job scopes is EPC for civil work, whereas Adil permata is in system testing and commissioning

The Board of Directors of Ekovest (“Board”) wishes to announce that our wholly-owned subsidiary, Ekovest Construction Sdn Bhd (“ECSB”) has been accepted by Malaysia Rapid Transit System Sdn Bhd (“MRTS”) (a wholly-owned subsidiary of Mass Rapid Transit Corporation Sdn Bhd), the developer and owner of the civil infrastructure for the section of Malaysia in Johor Bahru to Singapore Rapid Transit System Link Rail connecting Johor Bahru and Singapore (“RTS Link Project”), as the collaborative partner of Adil Permata Sdn Bhd (“APSB”), the appointed main contractor by MRTS for the RTS Link Project, to undertake the construction of the RTS Link Project.

Ekovest get direct contract from government instead of get subcontract from adil permata. Ekovest status jointly partner, not subcontractors

Just pump petrol in petron station to support

Hahahsa good luck to you if can get ya.