Investing Experience Advanced
Risk Profile Low
Attended numerous technical charting courses in town. Currently, still work as a Remisier (> 23 Years experience) in Malaysia. Competed in 2015 stock pick competition, made 129% gain in 12 months. I was the champion of 2015 stock pick competition in I3investor.com.
Followers
291
Following
1
Blog Posts
18
Threads
11,570
Blogs
Threads
Portfolio
Follower
Following
Summary
Total comments
11,570
Past 30 days
50
Past 7 days
36
Today
2
User Comments
Stock
Stock
Stock
Stock
Stock
Stock
2020-05-09 14:49 | Report Abuse
qqq3,
No point to attack me.
You should know your performance for 2020.
I do not wish to quarrel with you.
I measure and I know my performance.
I made > 1 million profit in Hengyuan.
My calculation is not so accurate, I prefer to follow DK66's report.
At least I put in some effort, unlike others who makes sweeping statement only without any fact and figure.
A loser is always a loser.
Lost twice still want to argue with me.
I stop here.
Stock
Stock
Stock
Stock
2020-05-09 13:06 | Report Abuse
Posted by Michael Teng > May 9, 2020 10:33 AM | Report Abuse
Many thanks to DK66, Icon8888, OTB and whoever that actually made an effort to post constructively. That took lots of time, research and tedious professional works. Well done and greatly appreciated.
We have some guys who drop by and wrote a one or two liners , and call them Conman, cheaters or whatever.
Remember, nobody point a gun to ask you to come in, or to buy or sell any stocks in I3 investor forum. Let us learn to write responsibly .
Have a great day, guys.
Stock
News & Blogs
2020-05-09 12:09 | Report Abuse
Thank you for your information.
I really want to take a serious look when power plant is ready or after COD.
News & Blogs
2020-05-09 11:58 | Report Abuse
qqq3,
No point to attack me.
You should know your performance for 2020.
I do not wish to quarrel with you.
I measure and I know my performance.
I made > 1 million profit in Hengyuan.
News & Blogs
2020-05-09 11:03 | Report Abuse
Posted by cruger12345 > May 9, 2020 10:43 AM | Report Abuse
OTB . Dear sir, I have been reading your post and your comments in i3 for a while. I would like to subscribe to your service. I just can’t find any link or any guide to it . Could you please guide me how to subscribe
-------------
Dear cruger12345,
Thank you for your good words and trust in me.
Please email me tbooifx@gmail.com
Thank you.
News & Blogs
2020-05-09 10:39 | Report Abuse
Posted by Michael Teng > May 9, 2020 10:33 AM | Report Abuse
Many thanks to DK66, Icon8888, and whoever that actually made an effort to post constructively. That took lots of time, research and tedious professional works. Well done and greatly appreciated.
We have some guys who drop by and wrote a one or two liners , and call them Conman, cheaters or whatever.
Remember, nobody point a gun to ask you to come in, or to buy or sell any stocks in I3 investor forum. Let us learn to write responsibly .
Have a great day, guys.
Stock
2020-05-08 12:10 | Report Abuse
Posted by probability > May 8, 2020 12:00 PM | Report Abuse
yeah....best is if they can show some sign that thwy will increase their stakes to 40%
may be sifu OTB can dig this info
------------------
Ans :
Jaks will increase their stake to 40% once COD is in place.
May be less than a year after COD.
I was told in this way.
Thank you.
Stock
2020-05-07 12:55 | Report Abuse
Posted by DK66 > May 7, 2020 12:40 PM | Report Abuse
I find it uncommon to attach 2 boilers to a turbine. Maybe that is the cause for slightly higher costs.
-----------
Dear DK66,
You are right on these 2 items.
I was told these items are better modifications from Vinh Tan 1.
Likewise, the cooling system.
Thank you.
Stock
2020-05-07 12:32 | Report Abuse
I do not know whether the project cost of USD1.87B for JHDP and USD1.75B for Vinh Tan 1 respectively is due to better design of JHDP.
I was told JHDP has a better design than Vinh Tan 1 because JHDP is built later and has a better design improvement after Vinh Tan 1.
Thank you.
Stock
2020-05-07 12:22 | Report Abuse
Posted by hng33 > May 7, 2020 11:25 AM | Report Abuse
The point is that whether or not the same banker evaluate Vinh Tan 1, project cost USD1.75b vs. JHDP project cost USD1.87b based on their supercritical plant vs. subcritical plant OR based on power plant 12% project internal rate return?
-------------------
CEEC is the contractor for Vinh Tan 1 project only.
CEEC/CPECC is the contractor and also the owner for JHDP.
CEEC built a "Supercritical" plant for Vinh Tan 1 project.
Do you think that CEEC/CPECC is so stupid to build a "Supercritical" plant for Vinh Tan 1 project and build a "subcritical" plant for JHDP ?
I was told JHDP is more superior in design than Vinh Tan 1 plant because CEEC/CPECC is the contractor and also the owner of JHDP power plant.
In initial design and proposal stage, IRR 12% was proposed to Vietnam government.
IRR should be 15% for 7,238 utilization hours and 8.2B kwh output for actual JHDP power plant when it is ready.
The actual IRR for Vinh Tan 1 plant is 15%, likewise, JHDP power plant.
I was told by the management of Jaks during the meeting. It is confirmed via phone call in front of me by the chief engineer of CEEC in Vietnam on the spot when I ask this question.
Thank you.
Stock
Stock
2020-05-06 19:16 | Report Abuse
No.
I bought Comfort only.
I sold all Comfort today because the share price had hit my target price.
No bad made 100% profit.
Thank you.
Stock
Watchlist
2020-05-06 10:16 | Report Abuse
Yes.
My stock selection is not good this year.
I hope not to lose a lot is already a bonus.
My focus is on Jaks.
I just hope that Jaks will not disappoint me in 2020.
Thank you.
Stock
2020-05-05 23:01 | Report Abuse
Dear probability and DK66,
(2) on all articles and news, Jaks had been only reporting 7.5B kwh annual power sales. This is 10% lesser than what Vinh Tan 1 sold 8.2B kwh. The high sales of Vinh Tan 1 is likely due to its nameplate output which is slightly higher than Jaks by 4% and exceptional power demand due to dry season in 2019
-----------------
I brought up this point during my meeting with the management of Jaks.
They called up the engineers in Vietnam on the spot to confirm the below information.
Utilization hours = 7,238
Output kwh = 8.2B kwh.
Thank you.
Stock
Stock
2020-05-05 22:07 | Report Abuse
Posted by DK66 > May 5, 2020 9:57 PM | Report Abuse
Aseng & OTB, please stop. You guys are making Jaks forum very unpleasant.
-------------
No one is making a complain except Aseng.
I have no obligation to post everything in I3.
I need to be selfish if the situation warrants it.
I will not destroy the hands that feed me.
If the information is supposed to be confidential among my group, I will not post it in I3.
It is understood unless you have an unsound mind.
I do not have, hence I do it my way.
Stock
2020-05-05 22:00 | Report Abuse
Some information is supposed to be confidential, how you expect me to post it in i3.
Are you having a sound mind here ?
I3 is a public forum.
Stock
Stock
2020-05-05 21:55 | Report Abuse
Posted by Aseng > May 5, 2020 9:50 PM | Report Abuse
that is what we are very unhappy
you come here to steal all the useful information free of charge to sell to your subscribers but refuse to share with us some useful information from Andy Ang do not forget you are our representative . am i wrong to call you selfish and unethical
---------------------------
Ans :
I3 is a public forum.
I share what I like.
No one can stop me.
I am not a representative.
I just do a favour to DK66 to share some information many people cannot get.
I am an unethical person, Andy Ang will not want to meet me.
Selfish or unethical, let the readers here to judge, not you because you do not qualified to judge me.
Stock
Stock
Stock
Stock
2020-05-05 21:36 | Report Abuse
I3 is a public forum, when and which article I want to post is my business.
I have no obligation to post everything in I3.
Stock
Stock
Stock
Stock
Stock
News & Blogs
2020-05-03 14:07 | Report Abuse
Posted by DK66 > May 2, 2020 11:55 PM | Report Abuse
What's remain within JHDP regardless of being 50% owned by Jaks currently will become 70% owned by CPECC in 3 years time. In view of this, personally, I do not think the auditor will agree to 50% sharing of profit to be recorded in Jaks' books unless the management has reasons beyond my knowledge to convince the auditor otherwise.
Anyway, lets wait for management response to OTB's query.
-----------------
Dear DK66,
The auditor confirmed the profit taken into consideration should be 30% only.
Thank you.
News & Blogs
2020-05-03 10:51 | Report Abuse
Posted by DK66 > May 2, 2020 1:35 PM | Report Abuse
Dear OTB,
Please clarify with the management on the following question
Is the proportion of "share of profit in JV" from JHDP to be recorded in Jaks financial statement in the first 3 years after the commencement of operation to be based on equity interest of 50% or economic interest of 30% ?
-----------------
Ans :
Your request had been sent today.
Please wait for reply.
Thank you.
News & Blogs
2020-05-02 14:29 | Report Abuse
Posted by DK66 > May 2, 2020 2:22 PM | Report Abuse
Dear OTB, if there is anything you need to know, please do not hesitate to ask me. I will do my best to provide you a satisfactory answer.
--------------
I always have a sleepless night when I cannot answer any question raised by my subscribers on Jaks.
Hence you can notice that I even email you at wee hours to disturb you which I feel not so nice.
Thank you for your understanding and help.
News & Blogs
2020-05-02 14:20 | Report Abuse
Posted by DK66 > May 2, 2020 2:14 PM | Report Abuse
Even if Jaks is entitled to book 50% of the profit now, it will need to do a reversal after its equity interest reduced to 30% 3 years later.
-----------------
Ans :
30% stake is so good, no point to ask for 50%.
However, I was told the management of Jaks wants another 10% stake urgently.
I told them to swap Jaks Resources Bhd shares in exchange for 10% stake in JHDP, they still have not come back to me.
Thank you.
News & Blogs
News & Blogs
2020-05-02 14:09 | Report Abuse
Posted by DK66 > May 2, 2020 1:52 PM | Report Abuse
In any case, it is my opinion that the share of profit will be based on economic interest as the auditor is not likely to agree to book in 50% profit.
----------------
Ans :
During my meeting with the management, they always said that they own 30% of JHDP. They never mention about 50% of the profit.
The management is very eager to buy up another 10% of JHDP urgently.
I will check on your question and advise you later.
I will direct the question to Mr Andy Ang.
Thank you.
News & Blogs
2020-05-02 12:34 | Report Abuse
Posted by DK66 > May 2, 2020 12:19 PM | Report Abuse
While I will research further, I would like to request Mr OTB to seek clarification from Jaks management if possible.
---------------
Let me know, I will do it for you.
Thank you.
News & Blogs
2020-05-02 12:32 | Report Abuse
Posted by firehawk > May 2, 2020 11:46 AM | Report Abuse
From my understanding, Preference Share would not share the profit (unless it is converted to ordinary share), but entitle for dividend. Maybe i'm wrong .....
------------
Ans :
In Jaks case, Preference Share is entitled to dividend is good enough.
Not important to share the profit.
Am I correct ?
Thank you.
Stock
Stock
2020-05-02 11:42 | Report Abuse
Posted by joyvest > May 2, 2020 11:24 AM | Report Abuse
so buy call or sell call?..... recently one respectable guy was criticized for giving contradictory view......... but my view is that there is no contradictory view depending on the situation. As we are living in the dynamic changing world. the "buy call" can be turned into " sell call "and vice versa in the best interest of the investors... there is no harsh and fast rule by sticking to one sided decision only. ...............
Ans :
I read through all your postings, you are one of the smart investors in I3.
Keep up your good work.
Thank you.
News & Blogs
2020-05-01 23:47 |
Post removed.Why?
Stock: [JAKS]: JAKS RESOURCES BERHAD
2020-05-10 13:22 |
Post removed.Why?