Andy Ang is now preparing Investor for the "Blame Game" when Coal ran out in Vietnam ----Just corporate moves which Andy has shown over the years... ________________________________________
coal prices are passed through to the off taker, Vietnam Electricity. The coal supplied to the power plant is entirely sourced locally, via the coal supply arrangement signed with Vietnam National Coal-Mineral Industries Group, commonly known as Vinacomin,
On a separate note, due to the recent fluctuation in coal prices, JAKS would like to give assurance that the fluctuations will not impact the Group’s profit generated from JAKS Hai Duong Power Plant in Vietnam as coal prices are passed through to the off taker, Vietnam Electricity. The coal supplied to the power plant is entirely sourced locally, via the coal supply arrangement signed with Vietnam National Coal-Mineral Industries Group, commonly known as Vinacomin, to ensure a stable supply of coal for 25 years. In light of this, JAKS is not exposed to the risk on the global coal price fluctuations.
On a separate note, due to the recent fluctuation in coal prices, JAKS would like to give assurance that the fluctuations will not impact the Group’s profit generated from JAKS Hai Duong Power Plant in Vietnam as coal prices are passed through to the off taker, Vietnam Electricity. The coal supplied to the power plant is entirely sourced locally, via the coal supply arrangement signed with Vietnam National Coal-Mineral Industries Group, commonly known as Vinacomin, to ensure a stable supply of coal for 25 years. In light of this, JAKS is not exposed to the risk on the global coal price fluctuations.
At least ALP has clarified this matter, if anyone still want to mislead people.We could not force them to stop. But wise one will know who to believe. The share price will rise just matter of time. Now is the best opportunity to accumulate where the price still low.
even grand con-master like YKK was play-out by Andy Ang......ikan blis like you all, who donT even has enough "body Hair' for comparison will be burnt " botak in seconds by Great Grand Master Andy Ang "
Jaks official statement out to dispel the unscrupulous shortist. They still in desperate to twist the fact however this doesn’t stop fear from infecting their body. The infection of fear now reach to the core of their brain causes them paralyse with sleepless night. The second in night like a thousand year time for them when they think of tomorrow.
Shortist, you helped operator to push down the price think that operator is in same boat with you? Who knows when the downtrend price reverses you will be the only one being killed mercilessly by operator. Be cautious shortist as l warned you before.
Isn’t this sound familiar like fear mongering? You have used the similar fear mongering by twisting the fact in before. Is that now the turn for other using the same cheap tactic to fear monger you back? Serve you right?
Planting bad seed will get bad fruit eventually on yourself. If you can escape current setback, good luck to you. Think twice before do it next time. Everything you do to other will come back haunt you later.
The truth will always prevail. Now that the coal price issue has been put to rest wonder what shxx will be raked up by these shortie parasites next. I can only say ' There is none so blind that refuse to see the light'
let’s see who is this forum like “chicken Butt”, simple talk without facts & data. Ironshirt: show us your facts & Data on your comments. Or else pls shut up
Haha anyone here talk about facts and data. Who has facts and data? ALP or Vietnam government or DK or Aseng? Insider already make a statement so time to goreng.
HANOI, Vietnam: JAKS Resources Bhd is eyeing an internal rate of return of 12% for its Vietnam US$1.87bil (RM7.52bil) coal-fired thermal power plant project independent power plant (IPP) project
The break-even should be slightly longer than eight years. Bear in mind the concession period is 25 years,” he told reporters here in the outskirts of Hanoi at Hai Duong Province where the plant will be located.
Surge let’s see who is this forum like “chicken Butt”, simple talk without facts & data. ____________________________________________
Why you want facts from me...you talk, i talk...Only taliban said nobody can talk.
Anyway there are one group of Malaysia Bankers that said Andy Ang is buying time... RSS position....today only TopGlove ( 1st place) can beat Jaks ( 4 steps below )
why the price is not moving in tandem with the strong consistent earning of the power plant and the good company prospect diversifying into the more environmental friendly venture which will further strengthening their strong recurring income ?
reasons :
1. not enough management guidance but with the recent announcement of the company latest development and clarification of the rising coal price has no impact on the company profit margin , the whole scenario had changed totally from a passive mode of play to a more proactive one
2. The retailers are less informed and misinformed .
the recent active participation of the members from DK private chat group had done a good job here . The knowledge and the research report of DK they shared had successful opened the eyes of many genuine value investors here.
their kind effort had successfully bringing all the right thinking retailer back to the right path and we see a dramatic switch of the price movement from a net selling to a net buying today
what have we learnt ?
common sense can cheat us but fact and data will not as long as we know what we are doing , the reasons we are doing it are based on fact and data and we are not lazy to verify our knowledge with the management we have no fear of the short selling we can wait and believe where we are waiting is the right direction . we will be handsomely rewarded because of the strong faith in our belief.
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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....
WilburR2
869 posts
Posted by WilburR2 > 2021-10-11 16:47 | Report Abuse
https://www.nst.com.my/business/2021/10/735515/jaks-insulated-against-coal-price-hike-says-ceo?topicID=3&articleID=735515