bought back jaks at 74sen

sold back at 1.37

DK66

At the moment, short term for trading purpose.

Longer term after power profit start middle next year.

bought sp setia at 1.34

sold back at 76sen

bought back jaks at 74sen

Add more maybulk at 66.5sen

The smart meters are an add-on to existing meters that offer fixed network reading or mobile network reading, which allow state government to bill household remotely. It also enable authorities to access water consumption pattern and detect leakages in distributions system, thus address non-revenue water problem.

Already Gkent successful secure maiden award by Selangor state government in Sept 2019 to supply, deliver and install 5540 water meter fitted with these smart metering solution

bought gkent at 1.00-1.02

bought back ecoworld at 64.5sen

sold back at 77sen

Baltic Dry increased 1000 index points or more than 100% since the beginning of April 2019.

Q2 (BDI average 924)
April 738
May 882
June 1152

Q3 (BDI average 1924)
July 1561
Aug 2083
Sept 2131 -

Remark: Please take note the BDI is USD denominated, higher charted rate + stronger USD translate into higher RM profit. As operating have relatively fixed cost, any surplus above cost all DIRECT into higher net profit

bought maybulk at 67.5-68sen

Cypark is key beneficial stock from government green energy policy.

Recall earlier Jaks form JV with another Chinese company Wuhan Kaidi Electric Power Engineering lapsed in which Jaks hold majority shareholding 60% vs Kaidi 40%.

Jaks did scarify its controlling stake to CPECC, but compensated with better deal on deferred option to buy RCPS at ORIGINAL cost after 3 year power plant operation to retain 40% stake.

Pacific Star Shop To Let

Location: Jalan 13/6, Section 13, Petaling Jaya
Type: Shops
Floor: Ground
Built up: 1,100 sq ft
Asking rental: RM 5,000 per month
Available in June 2019
Remarks: New F&B hub.

For further information and viewing appointment, kindly contact, sms, whatsapp or email:
Ame Turner (PEA1090)
012-3392125
ame.turner@carey.com.my
REN: JA/MS

Please take note, CPECC holding RCPS or preferential share have NO voting right unless it is converted into common share 3 year later after power plant commecial operation.

Dear sslee

Please study detail of jaks and CPECC JV structure

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4793029

Over the year, Jaks have staggering provide LAD provision every quarter in accord to time delay in handover unit to purchaser till completion.

Therefore, once unit is confirm handover after completion, the earlier provision LAD in Jaks balance sheet will use to fund payout to purchaser as compensation for delay.

Thus, once the pacific property completed and handover within these year, it will officially ended Jaks to have to provide anymore LAD in its profit/loss statement, eliminate these loss making division totally.

Jaks also on track to break even its concept mall due to surge occupancy rate recently from 55% to over 80%. All in all, in next few quarter result will show great reduction loss making due to LAD and property investment in concept mall.

On the other hand, power plant construction profit will expedite to record balance of work till completion and then later commencement of new stream of steady income worth EPS 15-20sen pa from power profit next year

In time of China-US trade war, Vietnam is key beneficial country. Many manufacture in global supply chain have opt to shifted to Vietnam. Adequate Power supply is in great need, full capacity fire up to meet demand. Therefore, Jaks new power plant stand to benefit full capacity payment once operating in full capacity early next year.

Jaks director know the best of its own company, a game changer in coming, have keep accumulating low price Jaks in open market without interfering much market price now, a forward step before value emerging later once all loss making in LAD behind, heading to new profit making power plant.

Please take note the company holding the BOT is JAKS Hai Duong Power Company, which is in a 50:50 joint venture between Jaks and China Power Engineering Consulting Group Co Ltd (CPECC).

In turn of future profit recognition from power plant, Jaks have equal stake in the joint venture. Although the effective stake will dilute due to CPECC holding convertible preferential share in JV.

The revenue account in JV is very flexible. Take for example, ecoworld international have 70% stake in London project, but it opt not to recognize any revenue from JV. Sapura OMV have 50% stake in JV, also opt not to recognize revenue in JV. Another example is Malton dispose 49% in pavilion mall, still holding 51% stake and yet opt not to recognize in JV future revenue. Earlier example also like Puncak holding 70% stake in syabas, but opt no revenue in JV.

From above example, one can understand it is flexibility in accounting treatment once the company is classified as joint venture company. Either the majority stake, equally stake or minority stake in joint venture company can have option to consolidate or no in revenue recognition. However, the net profit is still based on effective stake in JV

Please take note the company holding the BOT is JAKS Hai Duong Power Company, which is in a 50:50 joint venture between Jaks and China Power Engineering Consulting Group Co Ltd (CPECC).

In turn of future profit recognition from power plant, Jaks have equal stake in the joint venture. Although the effective stake will dilute due to CPECC holding convertible preferential share in JV.

The revenue account in JV is very flexible. Take for example, ecoworld international have 70% stake in London project, but it opt not to recognize any revenue from JV. Sapura OMV have 50% stake in JV, also opt not to recognize revenue in JV. Another example is Malton dispose 49% in pavilion mall, still holding 51% stake and yet opt not to recognize in JV future revenue. Earlier example also like Puncak holding 70% stake in syabas, but opt no revenue in JV.

From above example, one can understand it is flexibility in accounting treatment once the company is classified as joint venture company. Either the majority stake, equally stake or minority stake in joint venture company can have option to consolidate or no in revenue recognition. However, the net profit is still based on effective stake in JV

Jaks director know the best of its own company, a game changer in coming, have keep accumulating low price Jaks in open market without interfering much market price now, a forward step before value emerging later once all loss making in LAD behind, heading to new profit making power plant.

In time of China-US trade war, Vietnam is key beneficial country. Many manufacture in global supply chain have opt to shifted to Vietnam. Adequate Power supply is in great need, full capacity fire up to meet demand. Therefore, Jaks new power plant stand to benefit full capacity payment once operating in full capacity early next year.

Over the year, Jaks have staggering provide LAD provision every quarter in accord to time delay in handover unit to purchaser till completion.

Therefore, once unit is confirm handover after completion, the earlier provision LAD in Jaks balance sheet will use to fund payout to purchaser as compensation for delay.

Thus, once the pacific property completed and handover within these year, it will officially ended Jaks to have to provide anymore LAD in its profit/loss statement, eliminate these loss making division totally.

Jaks also on track to break even its concept mall due to surge occupancy rate recently from 55% to over 80%. All in all, in next few quarter result will show great reduction loss making due to LAD and property investment in concept mall.

On the other hand, power plant construction profit will expedite to record balance of work till completion and then later commencement of new stream of steady income worth EPS 15-20sen pa from power profit next year

bought Gbg at 1.26

bought cypark at 1.34

Don like the idea UEMS + ecoworld

sold back ecoworld at 67sen

Tan Sri Liew Kee Sin “If we do not declare dividends (by the end of this year), by 2020 we must.

https://www.edgeprop.my/content/1578234/ewi-pay-dividends-few-months-or-fy2020

EcoWorld Group reports best ever quarterly earnings
Thursday, 19 Sep 2019

KUALA LUMPUR: The EcoWorld Group posted its best ever quarterly profits on strong sales and higher handover of completed units on both local and international fronts.

In the third quarter ended July 31, net profit at EcoWorld Malaysia jumped 81% to RM50.5mil compared with RM27.8mil made a year ago.

Revenue was up 15% to RM521.4mil.

“Our profits for 3Q FY2019 are the highest we have ever achieved since we first started," president & CEO of EcoWorld Malaysia Datuk Chang Khim Wah said.

He said in the final quarter of the financial year, EcoWorld Malaysia will begin unveiling new phase launches at its various projects as it presses on to achieve the two-year RM6bil sales target set for FY2019 and FY2020.

As at Aug 31, Eco World’s effective stake in the future revenue of properties sold by its subsidiaries and joint-ventures remained high at RM5.86bil.

Separately, Eco World International Bhd (EWI), saw its net profit jumping 350% to RM57.94mil from RM12.85mil in the previous corresponding period, mainly due to higher recognition of revenue and profit by its joint-venture projects in the United Kingdom.

EWI said it recorded RM773mil in sales in the first ten months of 2019, with the group’s projects in the UK generating RM686mil in sales, while those in Australia recorded RM87mil.

EcoWorld Group reports best ever quarterly earnings
Thursday, 19 Sep 2019

KUALA LUMPUR: The EcoWorld Group posted its best ever quarterly profits on strong sales and higher handover of completed units on both local and international fronts.

In the third quarter ended July 31, net profit at EcoWorld Malaysia jumped 81% to RM50.5mil compared with RM27.8mil made a year ago.

Revenue was up 15% to RM521.4mil.

“Our profits for 3Q FY2019 are the highest we have ever achieved since we first started," president & CEO of EcoWorld Malaysia Datuk Chang Khim Wah said.

He said in the final quarter of the financial year, EcoWorld Malaysia will begin unveiling new phase launches at its various projects as it presses on to achieve the two-year RM6bil sales target set for FY2019 and FY2020.

As at Aug 31, Eco World’s effective stake in the future revenue of properties sold by its subsidiaries and joint-ventures remained high at RM5.86bil.

Separately, Eco World International Bhd (EWI), saw its net profit jumping 350% to RM57.94mil from RM12.85mil in the previous corresponding period, mainly due to higher recognition of revenue and profit by its joint-venture projects in the United Kingdom.

EWI said it recorded RM773mil in sales in the first ten months of 2019, with the group’s projects in the UK generating RM686mil in sales, while those in Australia recorded RM87mil.


Read more at https://www.thestar.com.my/business/business-news/2019/09/19/ecoworld-group-reports-best-ever-quarterly-earnings#8EH6VLJA0vYutTK5.99

Boris Johnson news – live: Government admits it cannot meet Brexit ultimatum, as Supreme Court hears PM's reasons for suspending parliament ..........

Please take note that these latest Q3 result profit and unbilled sales are based on exchange rate 5.02. If compared to current rate 5.22, the sales and upcoming Q4 profit will be even higher.

EWI record massive improvement in earning EPS 2.4sen, net profit RM 58m, ecoworld share of profit 27% accord to RM 15.6m.

Ecoworld EPS improve to 1.71 sen

be patients, await for UK supreme court ruling to clear Brexit prorogation battle

https://www.bbc.com/news/uk-politics-49735947

Next Q4 result will be even stronger due to more property to handover.

Q3: 2 block London city island (net profit profit 58m)
Q4: 2 block London city island + Embassy Garden. (net profit >> RM 58m)

Expect dividend to declare next

:DDDDDDDDDDDDDDDD)

add jaks at 73.5sen

sold back symlife at 43-44.5sen

Add more ecowrold at 66-66.5sen

https://www.theguardian.com/politics/2019/sep/11/scottish-judges-rule-boris-johnsons-prorogation-unlawful

Add more malton at 49.5sen

sold off balance at 54.5sen

sold back hohup at 53.5sen

Think out of box, positively, thanks to Brexit outstanding issue, as if without it, both EWINT and Ecoworld are impossible to trade at current level.

Also thanks to Brexit outstanding issue, EWINT able to secure good deal in built to rent as demand for housing shifted from own to rent

Think out of box, positively, thanks to Brexit outstanding issue, as if without it, both EWINT and Ecoworld are impossible to trade at current level.

Also thanks to Brexit outstanding issue, EWINT able to secure good deal in built to rent as demand for housing shifted from own to rent

Eworld already breakout 70sen, uptrend line. EWI to follow next, its matter of time as stronger Q3 result will release next week

Lets breakout 70sen

Add more EWI at 62sen

The new policy augur well for EcoWorld massive built to rent project in London

The new policy augur well for EcoWorld massive built to rent project in London