Haha in fact another one can refer with higher Risk is Moneykj / Monieky …I had debated against him in Kanger on 2019 .. he is Chun Chun promoted from 6 sen to 12 sen … then he promoted from 12 sen to 18 sen .. but his aka / gang getting high temper , started scolding forumers for not buying the Warrant ( Kanger is one of China company speculative stock ) ..
Moneykj joined i3 2024 Competition.. recalled April result is : 1st Moneykj spotted Notion … 3rd is OTB spotted YTLpower , n he promoted in YTLpower forum at RM 1.10 … Blower Pang7 argued with OTB who promoted First ! 🤣
Haha i learned from ethical Sifu 3iii during his posting in Netx (2020 ) on how to use VWAP ..n FA ratios .. Stock MOAT in TSH .. n latest is ROCE on leased / rented Plantation Land ...
Haha the kidd own claimed TA n FA Guru ( Half past Six ) konartist sslleee challenge etical Sifu 3iii wow ... see even ethical Sifu 3iii posted learned 50 years ... those kidds are with Big ego but Half past Six ...
Haha u must be aka id of Konartist Sslleee TinKosong KonpetHuangbk whom said shard Love in PMCorp on 2013 ... then hibernated 7 years from 2014 ... recently used similar id / abusive id to post abusive n unethical contents ... until recently Aka id Mr.Huangbk is banned permenantly ..
and had been together with Konartist sslleee tried many ways for preventing me to post in Jtiasa ..
G-boy jtoh1985 | Joined since 2013-02-03
Posted by G-boy > 8 minutes ago | Report Abuse
good..learning is a process.. don keep arguing with others.. u give love to other ppl, other ppl will give u too..haha
Haha no wander when PMCORP forumer asked u auntie or uncle? Ur reply is bla bla bla want to share Love wow .. forgotten to change yr name G-Boy but ppl knew yr id oredi !
Haha just found this OTB post in YTLpower… and I had posted Benjamin Graham Number is 3.81 during YTLpower is within the 2 conditions..
The Kidd Konartist sslleee own claimed TA n FA Guru in Yinson … just like to Show off but only Half past Six … said Yinson going to see 5 Waves but did not know the waves Name is EW ..
The Kidd Konartist sslleee so happily shouting in Yinson see Waves 2 is coming wow … he thinking is Uptrend but waves 2 is Downtrend…So Dumbbasxx !🤣🤣🤣🤔
As I posted earlier on Jtiasa is certified Lower Low if dropped until 1.15 ..then maybe no more Waves 3 ( Uptrend expected with Higher High ) ..
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Posted by OTB > hours ago | Report Abuse Major Waves 1 and 2 The major Wave 1 was completed on 24/5/2024 (up wave 1,2,3,4 and 5). The major Wave 2 (down wave a,b and c) was completed at 3.84 on 6/8/2024. The weekly candle on 9/8/2024 is a blue color Dragonfly Doji, a Dragonfly Doji is a type of candlestick pattern that can signal a potential reversal in price to the downside, meaning that 3.84 is a bottom. Please read the link below. https://www.investopedia.com/terms/d/dragonfly-doji.asp The signal is confirmed if the candle following the dragonfly rises, closing above the close of the dragonfly. The stronger the rally on the day following the bullish dragonfly, the more reliable the reversal is. The major support at 3.84 cannot be broken again if the above down wave c is valid. The major wave 3 will begin from 3.84 on 6/8/2024 if the share price can breakout from 4.35 in the next few weeks. The share price of YTLPower will be bullish again once the weekly share price crosses 4.35 convincingly. Fibonacci Retracement It should read as follows :- 23.6% - 4.33 38.2% - 3.64 50.0% - 3.08 61.8% - 2.52 78.6% - 1.73 Note : If the uptrend is strong, the retracement should not be > 38.2%. Hence the support at 3.84 is very strong, it is not lower than 38.2%. Please note that the share price is still above 200-day SMA. Major Wave 3 to unfold If the share price of YTLPower can break out from 4.35, then the major Wave 3 has begun. Good luck. Thank you.
If someone is so good at TA wave pattern, he should be a millionaire by now instead of trapped high in Jaks and had to go every i3forum to promote jaks 24/7/365 for one and a half year now to no avail.
What you so called TA wave pattern is just a trend pattern that will move up (higher earning) or down (profit taking/lower earning) based on the expected/projected/realised earning moving forward.
As of Yinson the management already give below projection. The wave pattern will follow
Yinson is optimistic about its direction. The FPSO market is thriving, with 12 new FPSO awards annually. To make a project successful, the company needs to know the outlook of projects available and have a suitable project team. Despite the capital-intensive nature of the business, Yinson successfully funds all its projects. Yinson also manages to tap into the private capital and bonds markets. With the FPSO Agogo project set for delivery by end-2025, EBITDA is expected to reach about USD 1 billion annually from 2026. Yinson is very optimistic about the outlook of the business growth and also the ability to pay shareholders dividends on a quarterly basis which Yinson started last quarter.
Question: Given the aggressive expansion, the nature of front-loaded costs for FPSOs, complex finance lease accounting, and substantial negative operating cash flow due to new FPSO constructions, the market and shareholders may find it difficult to understand Yinson's value. With FPSO Atlanta, FPSO Maria Quitéria, and FPSO Agogo set to commence their charter periods in the next year or two, assuming no new FPSOs are added, could management present the projected free cash flow expected from the FPSO segment over the next 10 years? This would help shareholders better appreciate the company's value.
Answer: Yinson does expect free cash flow after repaying debt and interest to reach USD 200 – USD 300 million annually from 2026 onwards, based on today’s interest rates
As of jaks due to JHDP 25% equity 75% loan. Since the loan is 10 year term loan hence whatever earning in the first 10 years will be used up for loan repayment.
So only have a second look at jaks in year 2030 untill then jaks need yearly PP or RI for working capital and loan repayment.
Jaks JHPP 2023 2022 RM RM Current financial liabilities (excluding trade and other payables and provisions) (711,609,518) (597,039,267) Non-current financial liabilities (excluding trade and other payables and provisions) (3,972,787,018) (4,401,923,432)
So per year need to repay loan principal ( 711,609,618 + interest payment)
income for the financial year 436,865,607 520,633,162 Amortisation/Depreciation (327,852,531) (317,750,163) Interest expense (469,976,824) (265,209,747)
Cash flow (Income + Depreciation) 764,718,138 just enough to pay the loan principal 711,609,518
Haha Half past Six Kidd Konartist sslleee no facts n figures to Support Jtiasa ke !!!🤣🤣🤣🤔
As posted earlier, I am learning TA ( even posted in YTLpower although i had posted the hidden risks of YTLpower each business segments.
👉 Not like the Half past Six Kidd Konartist sslleee own claimed TA n FA Guru in Yinson… want to Show off to promote Yinson but Half past Six le …🤣🤣🤣
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Posted by Sslee > 1 hour ago | Report Abuse If someone is so good at TA wave pattern, he should be a millionaire by now instead of trapped high in Jaks and had to go every i3forum to promote jaks 24/7/365 for one and a half year now to no avail.
Haha what a Kidd Half past Six Konartist sslleee but best in Twisting facts n figures and create Faked Facts n figures…
Konartist sslleee how you get Jaks JHPP ?? Not in the Shareholders agreement (SHA) and Not in the Corporate Structure in Jaks Website !
👉 Shareholders agreement (SHA) * Shareholders agreement dated 6 July 2015 entered between JPH, CPECC and JPP to regulate their proposed relationship as shareholders of JPP as well as certain matters relating to the management of JPP and also to govern their relationship in respect of matters related to JHDP.
* JHDP Board of directors, 3 from JPH and 2 from CPECC. However,👉 3 years after COD, 2 from JPH and 3 from CPECC. ( January 2021 to February 2024 ) .
* JPP Board of directors, 2 from JPH and 3 from CPECC.
👉👉👉Jtiasa did not show its Corporate Structure in its Website… only is shown in Financial Annual Report….
But is Fishy did not shown in FY23 Annual Report ended June 2023 .. where as 2nd Major Genine keep disposed shares from August 2023 to July 2024 .. from 14.68 % until balance 6 % … FY2024 Annual Report Corporate Structure is shown >>> 100% Hariyama Sdn Bhd : 9,645 hectares is no longer owned by Jtiasa. ??? 😱😱😱🤔
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Posted by Sslee > 1 hour ago | Report Abuse
Jaks JHPP 2023 2022 RM RM Current financial liabilities (excluding trade and other payables and provisions) (711,609,518) (597,039,267) Non-current f
Hoho today morning , see the price gap up to above RM 2.80 , recalled volume is ard 3 million, oredi feel strange lo … now seems the Goreng kaki is on SBB from 2.70 to 2.85 ..
Treasury shares ( SBB ) : ? Unit ( ? % , RM 470 million )
👉Question: Why Spent so much money on SBB to push up the Price ? Where as EPF n KWAP rotating Cari Untung . The worst is loans n borrowings is keep increasing ?? 😱
Haha Thats why Yinson is also thirst for New FPSO order as :
FPSO Anna Nery is contributing ard 50 % , where as the other 5 Operating FPSO are contributing 50 % ( ie : illustration > each one contributing 10 % only ) .
But Assets :
Non current contract asset : RM 11,389 m
Current contract asset : RM 544 m
Total Contract asset = RM 11,933 m
Total Loans n Borrowings = RM 19,580 m
USD Loans n Borrowings interest is 12 % n 13.88 % ( AR FY24 )
Haha how is Yinson FPSO Atlanta 1st oil by August 2024 progress , any progress update ? ( initially commissioned by February 2024 ! )
Let’s do an illustration if Delayed A Day :
"In July 2023, Yinson Production exercised its option to purchase FPSO Atlanta, which includes a 15-year firm plus a five-year option contract for the supply, operations and maintenance with a total contract value of up to US$1.981 billion (US$1=RM4. 71),” it said in a joint statement.
USD 1.981 billion x 4.30 = RM 8.52 billion/ 15 years x 365 days
1st oil if delayed of 1 Day Shl incurred Revenue Loss = RM 1.56 million/ day
Another risk : Currency exchange rate USD to RM is dropped to 4.38 from 4.71 .
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 .
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
>> Investment in Joint Venture as on June 2024 = 0.94 billion
👉Observation 1 : Non current asset of Investment in Joint Venture 0.94 billion as FCF Growth to be prepared for big projects and served as some kind of security ( on loans although CPECC did the financing ) as Vietnam Power Plant is with BOT 25 years.
👉👉Observation 2 : Vietnam associate company JHDP had been paying Dividend from yearly is changed to Half year ( other than Share of Profit by Quarterly) :
2022 : Dividend RM 70 million 2023 : Dividend RM 27.4 million June 2024 : Dividend RM 14.2 million
Oh my god don't tell me kid never read jaks 2023 annual report and did not know Page: 85 - 8. Investment in Joint Ventures (“JV”) (Cont’d)
But still go every i3 forum to promote jaks?
Did he also read below 51% subsidiary before creating his Faked Facts n figures… on monetized assets? Page: 82 - 7. Investment in Subsidiary Companies (Cont’d) (b) Material partly-owned subsidiary companies (Cont’d) Summarised statements of financial position as at 31 December 2023: FP MNH Total RM RM RM Non-current assets 232,040,920 324,605,814 556,646,734 Current assets 910,656 5,764,090 6,674,746 Total assets 232,951,576 330,369,904 563,321,480 Current liabilities 221,684,498 204,961,046 426,645,544 Non-current liabilities 64,635,068 196,443,411 261,078,479 Total liabilities 286,319,566 401,404,457 687,724,023 Total equity (53,367,990) (71,034,553) (124,402,543)
Haha as usual the Half past Six Kidd Konartist sslleee is twisting on his posted JHPP with JPP ..
👉Konartist sslleee how you get Jaks JHPP ??
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Posted by Sslee > 1 hour ago | Report Abuse Oh my god don't tell me kid never read jaks 2023 annual report and did not know Page: 85 - 8. Investment in Joint Ventures (“JV”) (Cont’d) But still go every i3 forum to promote jaks?
Jaks recently 9/9/2024 had monetised Property land in Penang with RM 77.74 million…Net Book Value as at Annual Report FYE2023 is RM 15.97 million…a net pro forma gain of RM50.38 million from the disposal.
Haha Half past Six Kidd Konartist sslleee still remember what I said during you promoting Hengyuan in Insas at RM 7.00 .. I said in Point 1 ( Peak Range ) … Point 2 ( Slide/ Down Range ) .. Point 3 ( Swing Swing Swing Range ) .. Point 4 ( DownTrend ) ..
You had asked me on Hengyuan n Petronm Point 3 n Point 4 lo …
JAKS Pacific Power Hong Kong Limited* ("JPP") holding Indirect JV held through JAKS Pacific Power Limited JAKS Hai Duong Power Vietnam Company Limited* coal-fired thermal("JHDP") power plant
Jaya Tiasa – tough to be profitable when firing on one cylinder.
Jaya Tiasa has undergone a significant transformation since its inception as a timber company in the 1980s. The diversification into oil palm has shifted the Group's primary revenue source.
But without this shift, the company would be in trouble today. Currently, the oil palm operation is the main profit driver. The timber segment faces declining production volumes due to policy shifts toward sustainable practices. The Group's reliance on oil palm highlights the critical need for a turnaround in the timber operations.
Looking ahead, the focus must be on improving operational efficiencies. This hinges on the readiness of the forest plantations to contribute to log supply. While the company has 2 business segments, only one is contributing to its bottom line. It is tough to be profitable when running one one cylinder with a 2 cylinder engine. https://www.youtube.com/watch?v=A5ul4fNQZLM
Haha why so difficult le .. Half past Six Kidd Konartist sslleee .. from Corporate Structure:
100 % : Jaks Power Holding Limited
30 % : Jaks Pacific Power Limited
100 % : Jaks Hai Duong Power Company Limited
So simple le .. not like Jtias so fishy le …
Shareholders agreement (SHA) * Shareholders agreement dated 6 July 2015 entered between JPH, CPECC and JPP to regulate their proposed relationship as shareholders of JPP as well as certain matters relating to the management of JPP and also to govern their relationship in respect of matters related to JHDP. * The EPC cost for the project shall not be more than US$1.515b excluding working capital. * The total shareholder funding shall not be more than US$467.125m * Project financing based on debt to equity of 75:25 * In the event additional shareholder’ funding required other than due to project cost exceeding US$1.8685b, CPECC shall provide additional funding in the form of (i) additional RCPS which will reduce JPH effective economic interest and/or (ii) interest bearing shareholder loan at bank interest, at the option of CPECC. * JHDP Board of directors, 3 from JPH and 2 from CPECC. However, 3 years after COD, 2 from JPH and 3 from CPECC. * JPP Board of directors, 2 from JPH and 3 from CPECC. * In the event of deadlock, buyout of opponent procedures will be initiated. * CPECC irrevocably grants to JPH non-transferable rights (option) to increase its effective economic interest in JPP to 40% at such price based on cost of investment plus holding cost. The option is exercisable by JPH up to expiry of 3rd year after the COD.
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Posted by Sslee > 22 minutes ago | Report Abuse
JAKS Pacific Power Hong Kong Limited* ("JPP") holding Indirect JV held through JAKS Pacific Power Limited JAKS Hai Duong Power Vietnam Company Limited* coal-fired thermal("JHDP") power plant
Haha after 2.5 million share is b/f to T + 3 … block at 1.15 ??? High 1.190 Low 1.150 Open 1.190 Volume 2,503,700 Volume (B/S) 443,200 / 217,300 Price Bid/Ask 1.150 / 1.160
@Sslee ; What is your view on the recent sell off on JTiasa from 1.27 to 1.16? Too many weak short term speculators spooked by CPO price correcting below Rm5k? I am a bit surprised by the extent of the fall back given that 1Q2025 results (expecting good results) will be out within 2 weeks.
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
46,887 posts
Posted by Mikecyc > 1 week ago | Report Abuse
Haha in fact another one can refer with higher Risk is Moneykj / Monieky …I had debated against him in Kanger on 2019 .. he is Chun Chun promoted from 6 sen to 12 sen … then he promoted from 12 sen to 18 sen .. but his aka / gang getting high temper , started scolding forumers for not buying the Warrant ( Kanger is one of China company speculative stock ) ..
Moneykj joined i3 2024 Competition.. recalled April result is : 1st Moneykj spotted Notion … 3rd is OTB spotted YTLpower , n he promoted in YTLpower forum at RM 1.10 … Blower Pang7 argued with OTB who promoted First ! 🤣