many do not understand solar panels manufacturing and the raw materials cost. No doubt solar panels and raw materials to built solar power plant increase compare to last year, the big spike is more substantial to usa and europe due to:
1) solar panels, raw materials mostly are from asia
2) congestion at major europe and usa ports, higher fuel cost and higher logistics cost due to high demand for goods.

there are price hike but the effect is less to Asia countries because Asia(mainly china manufacturing capacities) is the largest manufacturers and the raw materials are from Asia.

When there are lot of sunlight at the right time Solar plant output is good, not enough sunlight then other energy type power plant has to supply to meet demand.
When there are rain fall hydroplant output is good, not enough rain fall then other energy type power plant has to supply to meet demand.
So either is coal, hydro, solar, lng, plants that form a country power generation portfolio their main priorities are to complement each other to ensure energy securities less so on competition.

When the coal price is high the country energy commission can choose other energy type and stop the coal power plant.

The BOT of JHDP has consider this adjustment need thus the payout is capacity payment + electricity sales.

Most earning 80% or more is from capacity payment while electricity sales is a bonus.

salute is a design house that has the technological competencies, this type of business seldom make consistent profit. they will make profit when there is a large demand, their earning fluctuate.

salute is still the ems contractor and did manufacture headsets for Sony few years ago, however Sony make their own headsets now.

due to high vaccination rate happening at western countries, outdoor activities will gradual pick up and demand for these product type will surge.

if not mistaken salute also manufacture this https://www.nuheara.com/hk/products/iqbuds-max/.

seem more superior and much cheaper than recent launched sony WF-1000XM4 model.

sslee seem that u start another challenge to Jaks BOD, hope this time the replies is what you want. I dont fully agree with you method, however respect your fight for governance.

the forced digitalization acceleration due to new normal will accelerate Krono growth since the main business is EDM.

TA seem to show cup and handle formation complete.

salutica is both design house and manufacturer, this type of company more competitive and has better potential to secure more business during recovery.

I read some of the things you write, can say professional and knowledgeable. Dont need to waste time with Jaks if dont suite your investment criteria.

sslee take a rest, dont need to hold grudge against alp.

weekly and daily macd seem bullish.

I found some promoting other counters at jaks forum a bit amusing.

Ideal case is all electricity from renewable sources, practical case world wide countries use fossil fuel and renewable power plant mixture portfolio to cater to a country power demand . This is not limited to developing countries, many developed countries also manage a mixed portfolio to match economic demand.

new comers please go read DK many facts and figures articles to understand Jaks prospect better. there are too much noises here full with speculation that tend to misled.

short term traders selling pressure has to exhaust before the price can hike.

sslee dont take text out of context.

I repeat again the crucial points of looking at facts, not endless speculation of what the bod will do in the future.

Example for Jaks case, the RI benefit lots of existing shareholders.
Property development business exited according to 2019 agm statement.
Power Plant unit 1 2020 completion according to 2019 agm statement.
These are the facts.

Which existing shareholders that fully subscribe to the RI dont benefit from the average lower cost per share?

Dont know how to subscribe RI then go learn, nothing free.

LTIP is an old story approved many years ago, not something new.

sslee please talk facts, I know u bitter of Jaks bod.
Many company with good bod and owner but some of these investment become value trap for shareholders because the owner do not care of price performance.
Some company bod are controversial, the owner carried out corporate exercise to benefit themselves as shareholders which also benefit retail shareholders.
KLSE has been like that for decades.

To speculate the bod future behavior is not sensible since no one can predict ones future behavior, I doubt anyone can even accurately predict ones neighbors future behavior.

Example for Jaks case, the RI benefit lots of existing shareholders.
Property development business exited according to 2019 agm statement.
Power Plant unit 1 2020 completion according to 2019 agm statement.
These are the facts.

Hope no offence taken, I respect you on the consistent pursue of listed company corporate governance.

I dont agree DK effort of writing fact and figure articles are easy works, these articles has lots of information, require deep understanding of various valuation method and competitor performance of power sectors. This take many hours of hardworks.

While speculation of bod future behavior is futile exercise.

seem those sold off before ex right or didnt subscribe right become very bitter and repeating the broken records of speculations.
What does these people gain from these?
Become annoyance to those that subscribe right and benefit?
superiority complex that think himself very smart not subscribe to right even the facts show the contrary ?
hope that the bad mouth speculation can bring down the price to prove himself smarter than the rest?
What is the purpose of forum discussion if without facts and pure speculation?
Is this not tiring that the forum users attack each other instead of facts based discussion?

this debunk all the false speculations.
1) exit property development, 2) complete unit 1 end 2020 which the bod mentioned in 2019 agm all happen accordingly.
u can dislike the bod or management, what mentioned and promised in 2019 agm all fulfilled.
These are the actual facts.

What is the concerns of LTIP? Since when Alp selling his shares?

When given LTIP he has to pay tax, no running away from tax office.
How he benefit from large shareholding if he dont sell his shares when he has to pay tax?
The higher the Jaks price the higher the tax.
Will declare dividend from power plant profit a way to direct benefit shareholders and also him?

Sometimes this type of common senses question will be better to understand the situation than mere speculation.

Be logical, those new comers please go read many of DK articles that talk about fact and figures.

Many has doubt of Alp credibility due to various corporate exercise and the lack of willingness to communicate.
Put that aside, is difficult to speculate what a person will behave.

Take things at face value, 2019 AGM the BOD make few commitment:
1) Complete Pacific Star project by end 2020
2) Exit from property development business once Pacific Star project complete
3) Complete power plant on time.

Power plant completion is CPECC credit, while the property development which is most shareholders main concerns had concluded.

Share investment is about looking forward.
Whatever bitter experience is past tense, let look forward on the power plant completion and the potential benefit to Jaks.

finally someone that talk logic not speculation of whether the management behave.

Nepo, why u think the director cheated u?

Sslee, thanks for the sharing the communication. Let the keyboard warriors know they will be checked.

The recovery of crude palm oil production in Sabah will benefit Suria ports operation.
http://bepi.mpob.gov.my/index.php/en/production/production-2020/produc...
There are some disruption of palm oil production during MCO, however the production todate is not much difference from last year amount, while the average selling price is higher which mean there are demand.

Selamat Hari Malaysia to all.

OTB, hold on to principle is rare honour nowsadays.
There lot of other that talk a lots because they are keyboard warriors, they think people do not know who they are.

Poic is Palm Oil Industrial Cluster (POIC).
The current Poic is new 28++ acres development of palm oil processing industries with port facilities.

Suria Capital has 4 main business segments, one of them is port operations which operate under subsidiaries Sabah Ports Sdn Bhd.
SPSB main revenue is from 7 ports and 1 oil terminal.
One of SPSB ports Lahad Datu Port is serving existing developed palm oil industries.

Poic Lahad Datu ports facilities is meant to support industries under the new Poic development while SPSB Lahad Datu ports facilities is serving existing Lahad Datu developed palm oil industries.

These ports are not meant to compete with each other.

Suria Capital major shareholder is Warisan Harta Sabah (Sabah State government investment arm) while POIC is setup by Sabah state government to attract investment to Sabah.

They are different and not conflicting.

usa is sizable country with broad domestic market, some sectors boom while other dont. Those hospitality business take a beating, while essential products, housing, technological product etc booming.

usa sub sale or suburban house sales demand strong due to pandemic.
https://www.marketwatch.com/story/americans-are-eyeing-homes-in-the-suburbs-as-pent-up-demand-hits-housing-market-2020-06-17
https://tradingeconomics.com/united-states/new-home-sales

work from home mode cause more willing to spend on home and furniture.

I do not think the management has any credibility issue, their reports for the past 2 years has been consistent.

thanks.

Sslee, seem to make more sense to ask the fund use for the feasibility studies. Thanks for the clarification.

Sslee, can you please ask the progress of fund utilization of last RI and what auditor works done to verify the utilization.

seem like the pandemic has affect on lots of company, salutica profit will take more time to recover.
sold some earlier when rebound, still hold some due to the company prospect for the next 1 to 2 years.

Thanks for taking the lead.

sslee, is the letter send?

With interest rate at record low in many countries, bank borrowing is a better option for Jaks to take.
Last agm Alp mentions the forecast profit of power plant is 100mil while the LD of property business should stop once they exit the business 2020.
The original RI meant to raise minimum 130mil while the revised RI 200mil. This amount should not be difficult if Jaks credit rating is good.

Please add me thanks.

DK66 thanks for another article with facts and figures.

DK66 thanks for another good write.

Salutica and many other stocks with good balance sheets and competitive business model has drop to attractive price for long term investors consideration.
Short term still many macro issues, long term 1 to 2 years company performance will matter more than current market condition.

This is not a recommendation to purchase or sell.

The domestic properties business is minimal effect to the company with the soon completion of pacific star.
With so much macroeconomic issues, USD will be stronger against RM for some times.
Jaks profit growth FY2020 onward will be amazing.

This is not a trader stock for short term, this stock is for medium to long term.
If one is easily affected by IB reports, then be ready to be pull by the nose.
IBs issue short term prospect to encourage trading to the benefit of IBs.

the share price is recovering from 0.3 to current 0.9~ 1.0 when the company is reporting - eps.
The market seem to anticipate the company returning to profit thus the share price growth.
The company is on profit recovering path and possible profit growth that would surpass the previous peak profit.
What share price will then be when the company go to profit growth mode.

This is not a recommendation to purchase or sale.

OTB, DK66 thanks for the factual articles, lots of fact and figure less emotional.

If there is supply chain disruption then the effect is applicable to almost all manufacturers.
Consumer electronics global supply chain is much linked with china no matter the final product is manufacture from which country.
Salute will not be spared.
This is not a trader stock for short term, this stock is for medium to long term.