DK66

Dlm situasi unlikely klau coal x cukup mcm mana cerita nya capacity payment still payable?

77% minimum dah cukup to entitle to 100% capacity payment?

DK66


Taksiran u mcm mana IPP dan gomen Vietnam decide that capacity is available to b entitled to capacity payment?

DK66


Possible for u to tell from MD2 capacity payment dah started from 22-4-2015 or kena follow date ori tunggu 6 months later?



Since April 22, 2015, both units of the Power Facility have been in commercial operations, six months earlier than the committed schedule with the Vietnamese government

Yes Sslee x beli is at odd with his own findings n analysis

Sslee

U mcm mana.. in?

Sarifah see u dah byk luangkan masa on Jaks

Control ur risk by making jz a small investment dulu

To increase with clarity

Cita cita IPP kan jadi kenyataan soon

Jaks sykt nyamuk bikin IPP cita cita besar

Jaks was not capitalized for a venture into IPP sekadar utk bikin pipe dan property biz jer

Sykt nyamuk bikin IPP

Jaks small

Klau misalan TNB take over CPEEC place kena RI PP kaw kaw jua tapi IPP income besar

Timing...

Tunggu QR or clarify kat AGM

Ok tq

DK66 All inclusive except Coal cost

Or in other word Interest income dah u recognised in ur PAT calculations at 60% and 90% ke belum?

DK66

U punya... Tariff Payment Excluding Coal Cost (USD’m)... in ur table is GROSS tariff before netting capacity tariff or NET of capacity tariff??

Yg updated ni so much better

Punch line clearly stated 


Kenanga low US120m worst case scenario 

This earnings projection is also in line with Kenanga Research's earnings forecast of US$120m for Jaks Hai Duong Power Plant.

Bila Sarifah nampak Great Eastern Life Assurance tadi Sarifah tertanya tanya.. ada ka Great Eastern Life Assurance subscribe at 0.25?

Klau ya Great Eastern mesti know something which is not obvious yet?

Don't worry x lama lg u kan have that kind of money custody Jaks

Koon out

Some desirable long term funds in

DK66

Ni u ke??


29. Dennis Koh Seng Huat 3,900,000 0.667

Ramai jz look at "punch line" ni...

Anyway apa PAT klau future potential when capacity is ramped up to 90%.. can jz show PAT tu here?

Not all in and net all?

Assuming a constant US$258m capacity payment for 25 years, the IRR will be around 12.5% which is in line with the projection by Jaks’ management

Earnings based solely on the capacity payment;

                Earnings   = Capacity Payment – Loan receivable repayment – Interest Expense

                                 = US$258m – US$67m – US$1,287m x 6% (Est)

                                 = US$114m

This earnings projection is also in line with Kenanga Research's earnings forecast of US$120m for Jaks Hai Duong Power Plant



DK66

Can elaborate yg ni?

Kenanga punya not net all?

Interest income x dari PPA tapi produk of accounting

Suppose 67m is x fixed tapi kan bigger over time

USD 67,000,000 × 25 = USD 1,675,000,000

Syabas!!

Sarifah cannot wait for ur next article

Tq to Sslee too for the hard work to comb thru MD2 dll lagi for issues and managed to find one


Act of God

DK66

Tq answer exceeds expectation

HFO berperanan spark plug

DK66

Tumpang tanya

Why coal power plant has oil fired power plant feature in particular knp boleh guna HFO juga?

projected by Kenanga USD120 million net of tax per year for 25 year. 


Yg ni is way too low d

Yg ni payback is 15.6 far far from the promised 8

Sarifah tetap berjiwa IPP tetap unapologetic angkuh dan liar

Electric shortage in Vietnam is imagined?

Odd is not overwhelming not even low tapi mana tahu malang x berbau

Of course those yg mcm Chicken Little yg scare the sky fall down can bail out from Jaks now

Kena bail from MFCB too

Hydro is not spared from Act of God

Dry spell

Even off la mcm ni coal dan hydro

We r good

When hydro low coal increase


CHANDIGARH: Ample monsoon rainfall has helped boost hydro power generation, which in the April-June quarter had dropped 11.5% from a year ago.

After two consecutive drought years, hydroelectric generation in the country had plummeted 17.5% in April and 16% in May from the year-ago months. However, sufficient rainfall towards the end of June replenished reservoirs and helped narrow the hydroelectric powergeneration gap to almost 2% less than the level last year in June.

To ask ALP

Possibly with other compensation too

Cannot to shut down upto gomen Vietnam wimp and fancy

Ok so this is a risk for sekelian to jaga jaga

So sslee kena tunggu demand over stripping supply by a big margin baru beli

Fair enough


SarifahSelinder O... then kena fall back on electricity shortage... 



DK66 Yes, I think so  

-----------------------  
SarifahSelinder Is it the same for Jaks IPP?  

However, when it is operating at less than 60% capacity, it has to use HFO as a mix fuel in production.  
25/04/2019 4:41 PM 

25/04/2019 4:43 PM

25/04/2019 4:46 PM

Jelas kelihatan yesterday was a good day for u

High spirit belul

U ni trader

Quite mainstream

Ada ramai yg trade Jaks jugak



qqq3 20% portfolio

25/04/2019 4:45 PM

O... then kena fall back on electricity shortage...



DK66 Yes, I think so 

----------------------- 
SarifahSelinder Is it the same for Jaks IPP? 

However, when it is operating at less than 60% capacity, it has to use HFO as a mix fuel in production. 
25/04/2019 4:41 PM

25/04/2019 4:43 PM

Auditor (r) qqq3 hw big u invest into Armada?

Is it the same for Jaks IPP?

However, when it is operating at less than 60% capacity, it has to use HFO as a mix fuel in production.

Dear sslee

To address u punya ONLY negative even clearer

All IPP in Vietnam is heavily subsidied by gomen Vietnam maybe even hydro

AES Corporation's Moun Dong 2 using HFO is the most expensive and so is the one most subsidied and so is the first one to shut down by gomen Vietnam

Jaks IPP very very unlikely has to b shut down due to the same reason due shutting down Moun Dong 2 dah cukup to cut the over capacity

Most expensive HFO then coal then hydro

Faham?

Skrg ni last and only negative u cleared u patut buy some Jaks or forever hold ur peace

Or bye bye



Sslee Dear Sarifah,
The only negative is profit is base on net power output. If merit is given to Hydro power and coal power plant capacity limited to 50% then for that year your profit also will be only 50% instead as projected by Kenanga USD120 million net of tax per year for 25 year.

Thank you
25/04/2019 9:07 AM

Dear sslee

U punya arch enemy auditor (r) qqq3 faham

U boleh faham tak?

Sslee

Why priority or u punya so called merit is given to hydro?

It is because it is the cheapest

Shut down Mong Duong 2 sbb it is the most expensive

EVN Vietnam pandai u pandai ka boleh faham ka?

Adoi sslee

DK66 x lagi on talking term with u

Sslee u punya standard is getting lower and lower

Lihat la what negative person thong has turned u into better sell insas buy some Jaks to get some positive energy

Dear sslee

Klau ada over capacity in the national grid misalan pd musim hujan Mong Doung 2 being the one with the highest cost will b shut down first

Most expensive.

1. HFO
2. Coal
3. Hydro

In any case kan EVN dah report kan ada shortage of electricity in Vietnam?

Semua ni u x baca ke??



Sslee Dear Sarifah, 
The only negative is profit is base on net power output. If merit is given to Hydro power and coal power plant capacity limited to 50% then for that year your profit also will be only 50% instead as projected by Kenanga USD120 million net of tax per year for 25 year. 

Thank you

25/04/2019 9:07 AM