Hoho YTLpower Jordan Attarat Power , where as Jordan n YTLpower ‘ China partner in a tense relationship.

👉Questions: Any delay in payments due to
Jordanian government as it tries to contest the deal in an international legal battle.

Attarat Power Plant is an oil shale-fueled power plant constructed in the Attarat Umm Ghudran area, 50 kilometres east of Al Qatranah, in Jordan. The project is developed by the Attarat Power Company, a partnership between YTL Power International, Guangdong Energy Group Co., Ltd. and Eesti Energia.


👉The project is developed by the Attarat Power Company (APCO), a partnership between YTL Power International (45%), Guangdong Energy Group Co., Ltd. (45%) and Eesti Energia (10%).

👉 Since the first of two power units went live last fall, the Jordanian government has paid only half its monthly dues, Maaitah said.

Wessex : latest QR is Profit from Previous Loss due to tariffs hike .

But need to pump in Huge Capex RM 20.0 Billion over next 5 Years .

Is struggling on :

👉Over the next five years, regulator Ofwat said it would allow companies to increase average bills by 21%, or 94 pounds ($121), to fund an 88 billion pounds infrastructure upgrade.


👉 The water companies said that was not enough to tackle sewage spills, fix leaking pipes and increase capacity for a growing population. They had wanted to raise bills by an average of 33%, to invest 105 billion pounds.

YTLpower QR ended June 2024


Hoho very interesting on 4QFY24 Window Dressing:

PBT RM 1239 million - RM 1060 million ( increased of Borrowings) - RM 202 million ( fair value gain from Ranhill acquisition ) =
-RM 23 million

Hoho my observation case study Point 1 to Point 4 on YTLpower which I learned something new ( as said earlier Shl be different from Speculative stock ) :

1.) YTLpower share price had been pressed down over 10 years , Fund Managers accumulated at price range RM 1.00 to RM 2.00 … unloading Shl be at range RM 4.00 due to Large Volume accumulated.

2.) After 3 cycles of unloading at Range RM 4.00 .. during the 4th cycle at RM 4.00 , posted unloading is Not over yet , then up to above RM 5.40 .

3.) then posted if price is dropped below RM 3.81 , Point 3 ( Swing Swing Swing range , price Shl not be over RM 4.60 ) shl be over , going to Point 4 ( Downtrend) .

New update: very interesting seems now unloading at Range RM 3.81 .

Hoho that’s why :

19 Jul 2024, 11:15 am

KUALA LUMPUR (July 19): Tenaga Nasional Bhd (KL:TENAGA) or TNB is expected to keep increasing its capital expenditure (capex) beyond 2030, with an additional RM1 billion to RM2 billion a year, to maintain its power grid infrastructure, which recently hit new peak demand due to data centres, said PublicInvest Research.

The additional capex is on top of TNB’s committed RM90 billion for six years until 2030, to support energy transition initiatives and system upgrades. 

Hoho 2 Power Plants are going to phase out with total capacity = 2,920 MW .

The New plant going to be COD on December 2027 = 600 MW

That’s why Singapore is eagerly to import 2000 MW RE electricity, the plans :

1.) LTMS ( Laos , Thailand, Malaysia, Singapore) RE supply agreement is signed on 2021 but is cancelled on 2022 due to Singapore not agreed on the cost .

2.) Import 2GW from Australia-Asia PowerLink via subsea cable interconnector component. Too complex n much obstacles.

3.) Appointed PowerSeraya as Import Agent from Malaysia :

Referred QR ended March 2024 :

1.) PowerSeraya n TNB Genco entered into an arrangement to export n import 100 MW of electricity to Singapore via the newly upgraded interconnector between the 2 countries..

No progress reported on QR ended June 2024 .. my observation might due to :


1.) only CGPP 800 MW winners are free to choose their offtaker/ customer, ( no more TNB as the only offtaker, but use TNB power grid as Third Party Access ( TPA ) n supply cross border.

CGPP winners ( awarded on August n November 2023 ) are scheduled to start Construction by 4Q 2024 to be COD by early 2026 .

Why : TPA mull cost is announced on August 2024 n CRESS is officially effective on 21/9/2024 .

——

Posted by DoctorM > 8 minutes ago | Report Abuse

This new plant is certainly good news , isn’t it ?

Hoho Repost :’


Let’s see the Progress of YTLpower Kulai Green Data Center Park and Nvidia DC :

A) Green Data Center Park in Kulai since 2022

1.) YTLpower the first phase of the 500MW YTL Green Data Center Park and a RM1.5bil investment into Johor, Malaysia. The first phase will be a Tier III certified facility equipped with best in class green power and connectivity which will be able to 👉accommodate up to 72MW of capacity.

Boustead Plantations Berhad (BPB) has today completed its disposal of Kulai Young Estate, consisting of five parcels of land totalling 664 hectares to SIPP Power Sdn.27 Jan 2022

👉 275 acres for Data Center .
1640 - 275 = 1365 / 1730 = 395 MW

👉 The 1st phase wow RM 1.5 Billion with green power 72 MW … 500 MW Shl be RM 10.41 Billion.


👉Referring to QR ended March 2024 and June 2024 :
Only One Tenant Sea Limited as the co-locator since 2022 … no other Tenant/ Customer .

Sea Limited as the Anchor Tenant is due to :

👉The Group in Consortium with Sea Limited was awarded a Digital Banking License by BNM in April 2022 .


👉 Capex might be a factor compared to recently LSS5 2000 MW Solar Project , EPCC RM 7.2 Billion ( excluded DC building etc , only Solar farm , Tender RFP dateline is on 25/7/2024 ) .


B) Nvidia DC

NORMAN GOH, Nikkei staff writer
March 19, 2024 17:41 JST


In December, YTL Power announced a 👉 20 billion ringgit ($4.29 billion) collaboration with Nvidia to build an AI data center and it 👉 is expected to be operational by the middle of 2024 using Nvidia technology and software to streamline production of AI and data.


After the announcement….Now not even mentioned in the QR ended March 2024 and June 2024 …only mentioned Sea Limited as a co-locator .

Hoho repost :

interesting subject lo :

> PowerSeraya 2 Power Plant are anticipated going to be phase out due to the Service life :


> Steam Turbine Power Plant thermal project with a capacity of 1,448MW by 2027 ..


Pulau Seraya Combined Cycle Power Plant is a 1,472MW by by 2026 to 2031 .

>> Total Capacity = 2,920 MW

There is a New Power Plant announced on : 2 Feb 2024 — The construction of a 600MW hydrogen-ready CCGT is estimated to cost $800 million and is targeted to be completed by 31st December 2027.

Hoho as posted earlier , I had posted Top Glove TP RM 3.40 on 4/12/2020 , ard 2 weeks earlier than JPM TP RM 3.50 .. 



And posted the study on Nitrile Gloves Demand vs Supply of 7 Local Gloves company on August 2020 that Supply Shl fulfil Demand in 12 months …

Jtiasa Another Hidden Risk :

Total Assets is reduced:

2019 : RM 2406 million

2023 : RM 1955 million

Post removed.Why?

Hoho Rsawit sold lands … Subur Tiasa diversified business into pipes manufacturing n auto sector …

Jtiasa rented Lands If going to be Sawah Padi …

Hoho really laugh live me lo , but cannot afford a flight ✈️ ticket to hometown during CNY even mom just out from icu .

Remember plan early IF not to toxic Indonesia land ..


—-

Posted by Sslee > 3 hours ago | Report Abuse

I hold millions in Jayatiasa but only hold 1,000 units each in capA and AAX.
Coming weekend I will prepare my EGM questions.

Hoho thanks to ssleee mentioned RH group …. So Jtiasa shl follow Rsawit n SuburTiasa ke ???

Post removed.Why?

Post removed.Why?

Post removed.Why?

Hoho just the financial gimmicks :

> The share of profit of associates is normally presented after finance costs. This recognises that the share of profits from associates arises from what is essentially an investing activity, rather than part of the group's operating activities.

ie : the difference of subsidiary n associate company.


> In most cases EBITDA will be calculated on a controlled basis, i.e. associate/affiliate income will not be included.

> ie : Investment in Joint Venture in Non Current Asset .

Post removed.Why?

Hoho ssleee can Jaks Profit more than the 30 % of Vietnam Power Plant EPCC RM 8.7 billion ke ?

Hoho ssleee can do simple maths illustration ke :

Jaks from 2021 to June 2024 with profit fr Vietnam Power Plant : 997 million - 400 million = RM 597 million ..

with BOT contract for 25 years , how much is the Profit ???

Hoho thanks to Sslee whom posted with currency exchange rate situations, Jaks JV Vietnam Power Plant 1200 MW asset value with EPCC RM 8.7 Billion ( USD 1.87 billion) shl be greatly reduced .

Referred to BOT 25 years contract :

BOT contract
* 25 years from commercial operation date (COD).
* The power plant shall 👉👉👉be transferred to Vietnam Ministry of Industry and Trade (MOIT) at no charge after 25 years.


An illustration on Jaks with 30 % :

> 30 % of RM 8.7 billion = RM 2.6 billion over 25 years .

> Jaks 30 % with investment RM 600 million ( Cash RM 200 million , RM 400 million from EPC2 construction contract Profit ) .

> Vietnam JV power plant is COD on January 2021 > BOT 25 years is maturity on 2046 .

> ROI as at June 2024 = RM 997 million

997 /200 = 499 %

Note : Sslee now see the difference on Free Cash Flow Growth as posted earlier, hope u r not that low iq le .🤣

Hoho Sslee whom always shouting Jaks with another PP for fund raising… why this time on CGPP 30 MW Project no need issue PP , construction is scheduled start on 4Q 2024 .

Hoho LSS3 allowed Foreign MNC companies to tender but LSS4 did not allowed Foreign company to tender … looks like LSS5 2000 MW Shl be Less competitive ( LSS4 lowest bid is RM 0.14 / kwh) :

As posted earlier on LSS5 2000 MW tender :

1.) Samaiden : tendered 100 MW

2.) Solarvest : ??? , recently issued PP for funding CGPP projects , expected RM 56.7 million but Only achieved RM 28.6 million on 23/5/2024 .

3.) Jaks : tendered 200 MW .. with intention up to limit 500 MW …. Land : 1730 acres in Terengganu to be leased from TDM with rental RM 578 per acre per year .

Jaks LSS4 50 MW Project in Penang with Free Hold Lands is completed, commissioned n COD on August 2023 >> one of the earliest LSS4 winners achieved on the COD schedule.

Hoho the Good News is >>>

👉(TNB) was raised to 21.8 sen per kilowatt hour (kwh) effective August 2023 .

Meanwhile, the system’s marginal price under the New Enhanced Dispatch Arrangement (Neda) wholesale market is averaging about 25 sen per kwh as at June 2023, which is “a decently large premium to LSS4 winning bids of 18 to 20 sen per /kwh for 30-50MW packages,” .

The LSS4 programme saw 30 winning bidders in total, comprising 10 projects of 50mw each, and 20 projects of between 10mw and 29.99mw. According to the EC website, only 11% out of the 823mw awarded has been completed as at 4Q2023.

An industry source says a number of companies had dropped out from the LSS4 programme, while many have missed the end-2023 COD.


Last month, Energy Transition and Water Transformation Minister Datuk Seri Fadillah Yusof said there would be no more extensions for delayed LSS4 projects. This means that those that have not completed their projects will have to pay the agreed amount of penalties.

Hoho interesting le , let’s do a case study on Jaks “ potential “ moat :

There are five types of moats:

* Low-cost production; Vietnam JV Power Plant 1200 MW production cost is managed within PPA agreement n Coal Supply agreement for 25 years until 2046 , and >

JHDP shall be exempted from corporate income tax for 4 years and 5% tax rate for another 9 years from 1st year with taxable income or 4th year whichever is earlier.


* High switching costs; successfully diversified into Power / utility industry , Vietnam power plant 1200 MW , EPCC RM 8.7 billion.

To be continue :

* Network effects;
* Intangible assets;
* Efficient scale.

Post removed.Why?

Hoho ssleee do you believe yr lover Huang only invested one stock PMCorp in KLSE but so active in i3 after hibernated more than 7 years from 2014 to 2021 ..🤣

Hoho what a low iq ssleee ran out of idea, getting tinkosong like yr lover Huang ke …why yr little bro cannot stand up !!!🤣😂😂



—-

Posted by Sslee > 2 hours ago | Report Abuse

Aiyoyo Mike-tikus,
Are you a little boy?

Sslee @klee,
Anything to say to Mike-tikus who see ghost everywhere?

Repost from jaks forum
jjohnchew Hoho ssleee yr ❤️Pokkai tin Kosong Huang had followed u to Yinson with aka id Klee, told his best lies that made 1000 % on Yinson C35 wow .. followed u ke made profit RM 250,000 on Insas WC !!🤣
26/09/2024 3:56 PM
26/09/2024 4:05 PM


klee sslee,me bz with poultry n eggs,no time for that lil boy...
26/09/2024 4:45 PM

Post removed.Why?

Hoho CEO Ang is the only Substantial Shareholder with 14 % ( FYE2023 ) …. Not like during the Take Over intention on 2017 : 9.9 % vs 30 % … CEO Ang smart actions until the 30% be margin call , lost ard 89 % of the investment capital.

Total Net Short Position for 01/03/2024

4723
JAKS
JAKS RESOURCES BERHAD
17,802,683
0.75 %

Hoho ssleee had been shouting like in Pasar Malam if price dropped CEO will be margin call as all in Pledge Accounts, oredi tested the Lowest Price at RM 0.12 ..

Hoho interesting le , 👉referring to Annual Report FYE2023 :

Top 10 List of Properties Owned :

1.) Pulau Bruit , Bruit Land District

👉Tenure : Rented land

Existing use : Oil Palm estate, CPO mill , Building & Quarter


👉Area : 52,880 hectares ( 76 % of planted are ) .


Approximate age of building: 15 years


2.) Pulau Bruit , Lot 5,6,14,15 Bruit Land District

Tenure : leasehold until 2064

Existing use : Oil Palm estate, Building & Quarter


👉Area : 10,043 hectares


Approximate age of building: 11 years


> Where as other 9 properties are with Leased Tenure until 2060 , 2064 etc .


>>👉👉Going to tanam Hybrid Rice !!!

referred to QR ended June 2016 :

Planting Schedule for 10 Plantations :

Project commence is from 2002 to 2009 …. Project Complete is from 2005 to 2015 .

In line with the company statement:

👉All our palm trees have matured. Out of the Group's total planted area of 69,589 hectares, about 3% of the palms are more than 18 years of age. The average age of palms is 14 years, which is within the prime production bracket.

Hoho no worries le , you got 6 sen dividend le but trapped High le .🤣

Hoho that’s why his 2 aka id are banned permanently.

Hoho Ssleee as usual yr ❤️used abused id with unethical threads , n like to challenge ppl ard forums with her worthless lifee , better don’t dump him le !🤣

Hoho ssleee yr ❤️Pokkai tin Kosong Huang had followed u to Yinson with aka id Klee, told his best lies that made 1000 % on Yinson C35 wow .. followed u ke made profit RM 250,000 on Insas WC !!🤣

Hoho ssleee pls don’t dump her le .. oredi loss naked in PMCorp le .. bad karma oredi hit hard on him le ..🤣🤣🤣

Hoho ssleee yr ❤️ Marry Huang said in PMCorp want to share love wow when ppl asked him is a He or She ? 🤣😂🤔

Post removed.Why?

Post removed.Why?

Hoho as said Jaks with intention to tender LSS5 2000 MW from 200 MW to 500 MW … land : 1730 acres can be a 500 MW Solar farm ( based on type of Solar panel ) .

Hoho Jaks currently a Calculated Risk Stock is turn around to be a potential Growth stock , why ? :

A) Jaks CEO ( the only substantial shareholder from 9.9 % ( 2017 ) to 14 % ( 2023 ) , after Uncle K intention to take over with 30 % on 2017/2018 ) had successfully steered the company diversified into Power industry: Vietnam Joint Venture Power Plant 1200 MW with CPECC , EPCC value RM 8.7 Billion… construction is started on October 2016 , fully Commercial Operating Date on January 2021 with 25 years concession:

As an 30 % associate joint venture company contributing share of profit n Dividend to Jaks since 2021 :

Jaks Annual Revenue and Net Profit / ( Loss ) :


1.) FYE2020 : RM 259.4 million with Loss ( RM 80.5 Million. )


2.) FYE2021 : RM 109.7 million with Net Profit RM 51.9 million.


3.) FYE 2022 : RM 89.8 million with Net Profit RM 53.5 million.


4.) FYE 2023 : Rm 37.787 million with Net Profit RM 15.527 million..


5.) FYE 2024 :

>> 👉1QR : RM 14.2 million with Net Profit RM 12.4 million.

>> 👉2QR : RM 13.1 million with Net Profit RM 8.4 million.


B ) LSS4 50MW Solar Project in Penang is COD on August 2023 with 25 years TNB PPA ( increased from 21 years ).


1.) QR ended September 2023 :

Revenue : 3.3 Million , Loss ( RM 1.4 Million)


2.) QR ended December 2023 :

Revenue: 4.3 Million , Loss ( 0.4 Million )


3.) QR ended March 2024 :

👉Revenue: 5.3 Million , Profit RM 0.96 Million … 18%


4.) QR ended June 2024 :

Revenue : 4.8 million, Profit RM 0.4 million.. 8.33 %


👉( Note : Loss is due to Depreciation.)



C.) CGPP 30MW Solar project is awarded on August 2023 to Jaks consortium with 2 partners ( Jaks holding 51 % ) …COD is scheduled by 4Q 2025 .
Jaks Shl be benefited on the EPC contract also .

CGPP winners can sell RE electricity directly to end user / customer, but thru TNB power grid as TPA ( Third Party Access ) . CRESS details is expected to be announced in September 2024 , but the Mulling charges is announced oredi on 22/8/2024 .

800 MW CGPP winners even can sell RE electricity cross border.



D.) LSS5 2000MW Solar Project, EPCC value is estimated RM 7.2 Billion, tender RFP dateline is brought forward to 25/7/2024 from December 2024 ):

Jaks partner again with CPECC ( Vietnam 1200 MW Power Plant partner 70 % ) >>> Jaks 51% : CPECC 49% , tendered 200MW ….. Land : 1730 acres in Terengganu is leased from TDM .


E.) CAGR : 3Y + 29.9 % TTM + 28.4 %

Hoho Jaks oredi tested the Lowest price at RM 0.12 ..

Post removed.Why?

Hoho currently market theme Cloud DC n AI DC … but stress on green RE electricity supply … in line with RE100 MNC companies vision n mission.