Haha why so jealous KonLee , still having my balance 40 % Free Tickets of Cap A at cost RM 0.58 .
Jaks :
2.) Jaks : catched the Bottom Fishing at RM 0.185 on April 2023 ( after Sslleee posted sold Jaks on April 2023 since 2017 ) ... Up to RM 0.225 in 2 months .. then invested at RM 0.19 on July 2023 .. Gap Up on 1/9/2023 to RM 0.245 …
As said earlier 2025 Shl be Jaks year .. since LSS5 Tender RFP dateline is brought forward to 25/7/2024 from December 2024 .. focus back to Jaks .
Oh why I said wait for Jaks QR March 2024 to be released as Vietnam authorities had taken actions on 2 famous business men on corruption ( not in Power industry) ..
Btw has you checked my Jaks cost as I said during u queue buy Insas WC ard RM 0.25 .. Trapped again ke ?🤣🤣🤣
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Posted by Sslee > 1 minute ago | Report Abuse
Tong is now trapped high with Insas-WC Like Mike-tikus trapped high in jaks.
Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ > Oct 21, 2024 8:55 AM | Report Abuse
Insas was a stock that Tong Kooi Ong invested into. How has his investment into Insas performed?
1.) Vietnam Power Plant Share of Profit n Dividends :
2020 : RM 3.8 million ( 1 Power Plant is COD on Nov 2020 )
2021 : RM 140.7 million ( The 2nd Power Plant is COD on January 2021 ) .
2022 : RM 156.2 million , Dividend RM 70.0 million
2023 : 1QR = RM 28.326 M , 2QR = RM 32.312 M , 3QR = RM 35.862 M , 4QR = RM 34.503 M plus Dividend RM 27.386 M
2023 : RM 131 million , Dividend RM 27.385 million
Total Share of Profit = RM 431.703 Million
Total Dividend = RM 97.386 Million
Total = RM 529.089 Million
> Share of Profit in QR ended March 2024 = RM 32.384 million
>> Total = RM 561.463 million
> Share of Profit in QR ended June 2024 = Rm 21.33 million
Dividend = RM 14.21 million
👉Grand Total = RM 597 million.👍
Jaks 30 % share in Vietnam Power Plant Joint Venture invested ard RM 600 Million. ( RM 400 million is from the Profit of Construction of the Vietnam Power Plant, EPC2.)
Initially PayBack 8 to 9 years ..
Referring to the Grand Total , PayBack period is by 2024 .. ie : from 2021 to 2024 ~~ 4 years ..
👉From Vietnam Power Plant 1200 MW EPCC RM 8.7 Billion started on October 2016 , Payback period is 8 years.
A) why Jaks profit from Vietnam Power Plant did not generate much FCF ( Free Cash Flow ) :
1.) Allocated in FCF Growth as Investment in Joint Venture and served as some kind of security on Loans ( although CPECC did the financing ) as Vietnam Power Plant is with BOT 25 years. ( Built- Operate- Transfer).
2.) Non current asset of Investment in Joint Venture is increased from :
> March 2016 = 128,297,000
TO
> June 2024 = 943 ,960,000
3.) 1.96 billion loans ( excluded interest) to be repaid in 10 years , starting 2021 :
Each year repaid loan amount = 0.196 billion
2021 to 2023 , 3 years = 0.588 billion
> 1.96 billion- 0.588 billion = 1.37 billion ( loans balance as at January 2024 ) .
>> Investment in Joint Venture as on June 2024 = 0.94 billion
👉Looks like the security on Loans is getting sufficient as JHDP is paying Dividend from yearly to half yearly as on June 2024 .
Haha as I “recalled “ from this forum .. RI in RPS with free WC … cost of WC is RM 0.25 n those bought the balance unscripted with cost ard RM 0.32 …or cost is Higher ??
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Posted by TheContrarian > 3 minutes ago | Report Abuse
Ah Tong made a fool of himself by entering into Insas-WC at such a high price of 41.7 sen.
>> Pokkai TinKosongHuang joined the Kacukan 🐍Tippu Tippu gang ( even Tippu newbies membership fees RM 100 ) in TopGlove on 2024 to promote HK/China and US stock ____. Beware ..
Aka ID Marry n MrHuangbk n jc963852 are Banned permanently.
Haha Pokkai TinKosongHuangbk blowing PMCORP with TP RM 2.00 , see its Value since 2013 wow.. ( Calvin blowing RM 5.00 to RM 10 ) …must be loss naked liaw .. want to share ❤️in PMCorp wow .... hibernated more than 7 years in a cave since 2014 until 2021… must be created a lot aka id … beware .
Haha KonLee yr KonPet used same Kon tricks as on YTLpower forum … so desperate n mentally issues!🤣
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Posted by Antifanaticracism4 > 4 minutes ago | Report Abuse
@ Mikecyc @ Miketikus...I am your good friend @ Felix888999 aka @ Felixcoconut..Day and nite this bangla attacked me non stop. Please go and attack sifu and macai in YTLP This bangla every day also want to SIO KAN
Posted by Antifanaticracism4 > 12 minutes ago | Report Abuse
My name is FelixTan aka @ Felix888999. I uses other fake IDS aka @ Antifanaticracism @ Eddy365 to post in Chinese as I am from srjk cina @ Jeffrey @ jeffrey1166 and many more. Lately i rested a few IDS as I am worried of them being suspended. I LOST alot of monies buying on CONTRA at around 2.54 for 99smart. Now I start cursing the owner Mr Lee an ORANG CACAT and WHEELCHAIRMAN. I hope with this cursing he will push up the price. p/s The HR department just calculate that the minium rm 1700 salary will take off 75 % of 99 Smart profits for 2025. People are selling Please help by buying I allow buyers to SIO KAN with my wife and kum lan*chio
Haha KonLee, SCIB can up to yr TP RM 1.00 by early 2025 ? Why promoted SCIB even knew the Major is on Force Sell on July 2024 ?😱
Yr SCIB promoting partner Koni3lurkker aka Balia even so desperate saying if not made 600 % profit ( ard RM 2.60 ) by early 2025 …will become 4 legg !😱🤣🤣🤣
A) why Jaks profit from Vietnam Power Plant did not generate much FCF ( Free Cash Flow ) :
1.) Allocated in FCF Growth as Investment in Joint Venture and served as some kind of security on Loans ( although CPECC did the financing ) as Vietnam Power Plant is with BOT 25 years. ( Built- Operate- Transfer).
2.) Non current asset of Investment in Joint Venture is increased from :
> March 2016 = 128,297,000
TO
> June 2024 = 943 ,960,000
3.) 1.96 billion loans ( excluded interest) to be repaid in 10 years , starting 2021 :
Each year repaid loan amount = 0.196 billion
2021 to 2023 , 3 years = 0.588 billion
> 1.96 billion- 0.588 billion = 1.37 billion ( loans balance as at January 2024 ) .
>> Investment in Joint Venture as on June 2024 = 0.94 billion
👉Looks like the security on Loans is getting sufficient as JHDP is paying Dividend from yearly to half yearly as on June 2024 .
Microlink going bust! Chee Hong Leong resigns as director. He is Thong close friend and the conflicted party who owned the company m&a backed into and made a lot of money out of it (most likely also thong got part) . Everyone deserting sinking ship.
@sslee it might go to 90c at this rate. Someone desperately trying to prop up microlink amd omesti shares but cannot. After so many years of manipulating insas share price thong now getting what he deserves
paying cash dividend is a bad option ( 2% tax on dividend ---Big boys hurt ) So stock dividend better. Insas huge Cash pile no longer attractive except got new investment
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Mikecyc
46,645 posts
Posted by Mikecyc > 3 weeks ago | Report Abuse
Haha why so jealous KonLee , still having my balance 40 % Free Tickets of Cap A at cost RM 0.58 .
Jaks :
2.) Jaks : catched the Bottom Fishing at RM 0.185 on April 2023 ( after Sslleee posted sold Jaks on April 2023 since 2017 ) ... Up to RM 0.225 in 2 months .. then invested at RM 0.19 on July 2023 .. Gap Up on 1/9/2023 to RM 0.245 …
As said earlier 2025 Shl be Jaks year .. since LSS5 Tender RFP dateline is brought forward to 25/7/2024 from December 2024 .. focus back to Jaks .
Oh why I said wait for Jaks QR March 2024 to be released as Vietnam authorities had taken actions on 2 famous business men on corruption ( not in Power industry) ..
Btw has you checked my Jaks cost as I said during u queue buy Insas WC ard RM 0.25 .. Trapped again ke ?🤣🤣🤣
—-
Posted by Sslee > 1 minute ago | Report Abuse
Tong is now trapped high with Insas-WC
Like Mike-tikus trapped high in jaks.
Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ > Oct 21, 2024 8:55 AM | Report Abuse
Insas was a stock that Tong Kooi Ong invested into. How has his investment into Insas performed?