Followers
0
Following
0
Blog Posts
0
Threads
3,762
Blogs
Threads
Portfolio
Follower
Following
2020-10-09 18:03 | Report Abuse
Sarifah berjiwa IPP unapologetic angkuh dan liar
2020-10-09 18:00 | Report Abuse
Klau ikut strategi Andy kan guna syer LTIP to dapat margin facility to take up his RI
2020-10-09 17:58 | Report Abuse
Sarifah tertanya tanya siapa tu yg push d price b4 Andy bikin dia punya LTIP?
2020-10-07 15:51 | Report Abuse
Obviously selain kan bilis kat sini ada sharks besar yg tracking Vietnam IPP COD
2020-10-07 15:45 | Report Abuse
Price up now is not good for Andy LTIP........
2020-10-06 14:58 | Report Abuse
Check la kat contingent liabilities to see if JAKS beri guarantee to JIC
2020-10-06 14:29 | Report Abuse
Berhati-hati?
As long as JAKS x beri guarantee on behalf of JIC x worries
2020-10-06 13:37 | Report Abuse
Harap harap JIC can buli residential LAD
JIC not listed co can do shits more easily
Lower LAD then can pay JAKS BG
2020-10-06 13:33 | Report Abuse
Cerita yg dulu baik jgn ingatkan kembali
2020-10-06 13:32 | Report Abuse
Sslee
Tiada siapa yg nak JIC
Fkir fikir kan la
2020-10-06 13:29 | Report Abuse
Sslee
Klau capitalized ICD can refuse to participate thn JAKS wil end up having higher % in JIC and need to pick more losses
2020-10-06 11:34 | Report Abuse
Klau harga turun Andy is accused of trying to get the excess at low price all for himself
Skrg ni harga naik apa cerita nya?
2020-10-06 11:32 | Report Abuse
Sslee
U ni r fixated on this
Tapi buat kes JAKS ni kan JAKS is d the one who unloaded the NL on to the 49%??
Correct Sarifah klau Sarifah is wrong
Sslee Dear i3lurker
When it is 51% subsidiaries must be very careful who owned the other 49%. What is the role play by this 49% owners? What can this 49% owners contribute? Any conflict of interest?
Some subsidiaries are just another vehicle use by controlling shareholder to siphon out money from company to this 49% owners.
05/10/2020 10:54 PM
2020-10-02 08:20 | Report Abuse
Jgn write off RI yielding sweet RE projek
2020-10-02 08:15 | Report Abuse
Wonder if Andy ada put in his money into rubber gloves companies in past couple of months
2020-09-26 18:09 | Report Abuse
Sslee
Jgn pergi keep u punya 1 lot to continue to monitor Andy
Klau Andy suka suka je spend the RI money u can expand scope u to to also cc to MACC esok nanti
2020-05-27 18:09 | Report Abuse
i3lurker
Jgn simply bullshit
Make up ur mind which is which...
i3lurker Guinness Stout with lobster time again
Cheers
Bottoms Up
I did inform all of you that it will limit down to 70 sen or something like that so ...............so ....
but you all chose to believe the Bully
Public Bank warning=>
"All told, we are still wary over the various dilutive equity fund raisings done so far to meet its liquidity demands and the poor execution especially on its property business."
[This information from Public Bank is brought just for you from i3lurker the liar with bad behavior and no credibility inside i3 forum.]
27/05/2020 4:53 PM
i3lurker ex RI should drop to low 70s sen
Public Bank warning=>
"All told, we are still wary over the various dilutive equity fund raisings done so far to meet its liquidity demands and the poor execution especially on its property business."
[This information from Public Bank is brought just for you from i3lurker the liar with bad behavior and no credibility inside i3 forum.]
27/05/2020 12:10 PM
2020-05-25 14:49 | Report Abuse
IT IS TIMING!!!
RI ni jz a bridging measure
Part of d proceed from tis RI wil b for d 10% option
Wil b back to original plan
2020-05-25 14:47 | Report Abuse
IT IS TIMING!!!
RI ni jz a bridging measure
Part of d proceed from tis RI wil b for d 10% option
Wil b back to original plan
2020-05-25 14:43 | Report Abuse
Tgk la announcement tu properly kan it is clearly stated d RI is for loan disbursement purpose
CPEEC dah paid portion nya dah sbb tu at the moment it is 26% : 74% shareholdings
It is timing
JAKS EPC profits originally meant for tis share subscription must b coming in later at tail end of construction tat why x sempat to b used for tis share subscription
Tapi bank loans kena draw down dah mmediately to finance further construction works
It is a very common requirement for banks to ask shareholders to top up share capital b4 they make loan disbursement
Profits from EPC not coming in yet not coming in in time
IT IS TIMING!!!
2020-05-25 14:42 | Report Abuse
Tgk la announcement tu properly kan it is clearly stated d RI is for loan disbursement purpose
CPEEC dah paid portion nya dah sbb tu at the moment it is 26% : 74% shareholdings
It is timing
JAKS EPC profits originally meant for tis share subscription must b coming in later at tail end of construction tat why x sempat to b used for tis share subscription
Tapi bank loans kena draw down dah mmediately to finance further construction works
It is a very common requirement for banks to ask shareholders to top up share capital b4 they make loan disbursement
Profits from EPC not coming in yet not coming in in time
IT IS TIMING!!!
2020-05-22 07:55 | Report Abuse
Soalan nya
Klau Veitnam Hai Duong IPP dpt refinance its loans at lower interest % yg interest saving tu go to who?
Go to EVN or go to JAKS?
2020-05-20 10:14 | Report Abuse
i3lurker
Tgk la wat u hv done
Simply post je
Byk kat private room
Klau all of them say alo to u u pun pengsan
Hope ppl don't search out who u r
U dah pissed off a very big group of ppl
2020-05-19 16:15 | Report Abuse
Ok Bogus
One small question
Mcm mana pergi d private room?
2020-05-19 16:08 | Report Abuse
Actions hv moved to private room
Ramai ramai kita menari
Ramai ramai kita bernyanyi
Sarifah FOMO
Ikut jer queue panjang ask later
Add Sarifah in too tq
2020-05-19 15:22 | Report Abuse
Byk nya u r taking over a big chunk of otb bisnes
2020-05-19 13:52 | Report Abuse
Jom... sama sama kita leave for Investlah
2020-05-19 13:51 | Report Abuse
Knp d majority need to go to a private room??!!??!!??
i3 administrator betul betul screwed up
i3lurker u really fak up!!!
2020-05-17 19:30 | Report Abuse
Ex CPO resigned sbb dah cannot remember wat PAT he told to who d.... byk sgt versions.... pressure
2020-05-17 19:12 | Report Abuse
Many players cerita Vietnam Hai Duong IPP JAKS......
2020-05-17 19:09 | Report Abuse
Koon.. Koon the engineer pula lepas site visit terus whacked 30% of JAKS shares
Koon is very alert yg ni semua kat i3 know very well ramai yg outplayed by Koon
2020-05-17 19:07 | Report Abuse
Mungkin ex CFO very confused himself...
Told OTB one story n told qqq3 another story
2020-05-17 19:04 | Report Abuse
It is jz amazing 2 persons yg actually ada met up with team Andy
Satu bilang beli in fact sailang
Satu bilang belatedly ikut PBB jgn beli contradicting his original recommendation to Koon dulu
2020-05-17 19:01 | Report Abuse
Now Koon dah xda CFO pon dah xda cuma second generation OTB qqq3 kat sini n Hai Duong IPP is abt to COD
2020-05-17 18:58 | Report Abuse
qqq3 followed Koon to meet team Andy dulu jz not invited along for d site visit
2020-05-17 18:55 | Report Abuse
Ex CFO didn't appear certain of his figures he has given a wide range from abt 80m to 150m
In fact qqq3 himself pernah bilang kat sini Andy told him the PAT was intentionally understated to EVN
2020-05-17 18:46 | Report Abuse
3 years is a long time mungkin JAKS dah byk renewable energy projek kat Vietnam masa tu
2020-05-17 18:44 | Report Abuse
i3lurker
Still wary... done so far.... makna nya masih wary of old PP RI done dulu
Past tense
Anyway based on info from Andy kat AGM
10% more at USD50-60m = RM220-250m
To buy 10% more at PE 2 to 3x ok apa
PE 2x option due in 3 years wef COD
3 years from selling electricity jz nice
Actually byk yg minta Andy jgn buat PP tapi RI klau perlu sbb nak tambah lagi
2020-05-15 11:55 | Report Abuse
PAT RM 144m
10x to 15x PE = RM 2.2 to RM 3.3
2020-05-15 11:31 | Report Abuse
If use current USD RM rate PAT lagi besar sikit
2020-05-15 11:29 | Report Abuse
Kenanga ni bikin a site visit kat Vietnam dulu
2020-05-15 11:27 | Report Abuse
An post by Sarifah dulu
Sarifah x mahu to be hard on the CFO
Tapi... lihat la u sendiri
Comparing PAT yg diberi kat AGM to apa yg the same CFO told Kenanga
PAT US 120m x 4 = RM 480m
JAK's 30% = 144m
JAK's 40% = 192m
Charging on units of power produced, assuming the plant is able to keep up with the minimum utilisation requirement; the project is expected to yield up to USD120.0m/year of net-of-tax profits
JAKS Resources Bhd (JAKS) – Not Rated
For our last corporate visit, Mr. Steveno Ang, Chief Financial Officer of JAKS, provided us a tour of the upcoming coal fired thermal power plant project in the Hai Doung province, which is a 30%-joint venture with the China Power Engineering Consulting Group Co Ltd (CPECC).
The JAKS group as a whole is primarily engaged in water supply and infrastructure construction projects, supply and trading of building materials and steel-related products. The entry into the power segment was a means to minimise cyclical risks of its other segments.
To provide some colour, the plant is designed to generate an output of 2 x 600 MW under a build-operate-transfer model after 25 years with the Vietnamese government, with total construction project revenue to JAKS of RM1.89b to be recognised over phases of completion. Currently estimated to be 55% completed, management anticipates that it is able to commission the first of its two turbines possibly by the end of 2019. The second turbine should then be set to be completed 6 months after this. This is ahead of the initial handover deadline to the Vietnamese Government of November 2020. Addressing any contingencies in place to prevent delays, management mentioned that the integral equipments (i.e. turbines, boilers) for the plant are already on-site, with non-foreseeable issues to source smaller components. Building materials for the plant are also easily sourced from local suppliers. Furthermore, CPECC management and supervisors are consistently on the grounds to monitor the progress closely.
Assuming the full commissioning of the plant, an expected 15,000 mt/day of coal is to be consumed to support a minimum utilisation required of 77% for both turbines. The supply of coal has been committed to be backed by the local coal authority, which is well facilitated with the construction of an inland port/jetty close to the site. Additionally, coal storage areas are being built to store up to 10 days’ worth of fuel, in the event of any hiccups in delivery.
Charging on units of power produced, assuming the plant is able to keep up with the minimum utilisation requirement; the project is expected to yield up to USD120.0m/year of net-of-tax profits.
2020-05-12 08:25 | Report Abuse
Kita semua kat sini ada own calculations kat hati and hv 1st TP 2.5x
Semua love Vietnam Hai Duong IPP
Stock: [JAKS]: JAKS RESOURCES BERHAD
2020-10-10 16:38 | Report Abuse
Sslee
An offer to u
Bring in satu lagi IPP mcm Hai Duong IPP JAK wil grant u LTIP serupa mcm Andy