no attention from market for current moment for the counter. need wait further trigger point to pivot the current trend. downtrend still very much intact for the counter so far.
I still think coming Qr is still a Loss......minimum 20mil ( i even Top-Up Vietnam contribution by 12mil ) Reason: i donT think this coming Qr is any different from last Qr...even drag down by CNY and lack of local projects contributions ).......Surprise me Jak pls
There was some kitchen sinking exercises during last Qr. It is unlikely for Jaks to record losses in the coming Qr. I expect the profit to be similar to Q3 last year.
nothing I ever said is irrational or unreasonable it is based on facts and data prepared by a qualified accountant and a power plant expert but many smart sifu here who are NOT well versed or well trained in accounting fond of using their common sense to tell great stories. if common sense is true knowledge , then we do not need a professional to tell us what is valid and unbiased this is the first lesson that you have learnt for a serious investment second lesson : why a retailer always lose money ? reason given by WB : they can not afford to become rich slowly Third lesson : what moves the stock price ? reason given by KYY : any good news about the local loss making property segment , may it a disposal or break even , any good news about the power plant and good news about new energy project , any good news about the cash flow will make you see a new life in your investment . my investment is to make big money , may it be once in a year or 5 years or 10 , but once it is done . i am no more poor . who bother Hengyuan will achieve RM8 tomorrow . what I want I am no more poor and talk lauder here ,whenever i am free to do so and whenever I enjoy to do so
When the 1,200MW coal fired Jaks Hai Duong Power Plant ("JHDP") which is 30% owned by Jaks Resources, started commercial operation in Jan 2021, international coal price was around USD60 and the price has since soared to over USD400. So the big question is "Can JHDP still remain profitable ?"
Most investors will find it difficult to concur as the primary feed stock, Coal, has gone up way too much beyond limits and imaginations in such short span of time. Does the power purchase agreement signed with the Vietnam national grid offer unrestrained protection for JHDP to remain profitable regardless?
The short answer given by sifu DK was "YES". He said JHDP will remain profitable as long as the power plant is in good operating conditions.
DK seems very confident on his research and knowledge of the power purchase agreement. However, if he is wrong, Jaks will suffer huge losses in its coming results. Is that the reason why its price is so depressed now ? Will the price stage a relief rally if DK is proven right ?
Finally, we almost go below RM0.30 just as I said to Aseng many months ago. Aseng disagreed, but look at the price now. Preparing to buy below that. Thank you everyone for making this happen
KUALA LUMPUR (Oct 11): JAKS Resources Bhd has given investors assurance that the recent fluctuations in coal prices will not impact the group’s profit generated from one of its power plants in Vietnam.
This is because coal prices for JAKS Hai Duong Power Plant in Vietnam are passed through to the off-taker, Vietnam Electricity, said JAKS chief executive officer Andy Ang Lam Poah in a statement on Monday.
“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,” he said.
The coal supplied to the power plant is entirely sourced locally, via the coal supply arrangement signed with _________________________________________
The only problem with this type monopoly coal supply is " if you donT increase price, supply of Vietnam Coal will just vanish in thin air ( siphon out to China thru Black market ). A very Good example is Malaysia Cigarette Tax ( 55% ),..................."for every One Cigs produced in Malaysia, another one is smuggle in from Indonesia "
The problem is not because of shortages in coal. What is haunting the investor all these while is the non stop fund raising exercises. Is the management giving any assurance that they have sufficient fund to finance and run its ongoing working capital.
Very bad . 1. Ir you use the company performance to prove me wrong , then you are my sifu If you use the price to prove me wrong in the short term , then you are my sifut (back side) I doubt you understand what I am talking about . Do you ?
this forum is full of misleading and biased information new comers and readers are advised to read the comments with a pinch of salt of course, that include my comment too. what I can tell you honestly is that Jaks is not a gem that is not as easy to unearth as you think common sense and wild guessing will certainly not do a good job here I can't share with you all the latest development discussed in our group it is not because we are unkind or selfish it is because it is too tire for us to correct all the distortions that we are going to face it if we do so.
Those who didn’t join the group were better off. To be honest, they would not have to go through this suffering process. Many of them are caught at sky high prices because there are too many KAKI Kong and KAKI Song fans & investors who are not actually over confident but also refused to accept the facts. Heard the one created the group already left sometime ago, anyone can confirm ??
another talk of frustration and disappointment . if you are that rational thinking as your name has suggested , then you will be that emotional in your talk
if I were you , then I will talk about my failure in this investment real experience is anytime more convincing that proving other wrong which you know nothing about
may be you should learn from Sslee the way he invests in Insas the true experience he fail to protect his profit did he make himself less respectful doing so did you make yourself more respectful when you prove other wrong or personal attack NO! people do not see you logic people see your disappointment and frustration why there are such an emotion ? your answer is as good as any reader here .
how much you hate is how much you love if not , what are you here for ? no better stock to buy ? no better person to make you a better investor? have you ever wonder why I am still very comfortable and undisturbed when Jaks is at its historical low now ? why? my reason for the investment still valid and has not changed I have a reasonable exit plan that is still too early to expire that is the difference you never see me cry father or cry for every cent of price changes .
I am teaching to invest like WB if WB were to do value investing as you did then you will see him cry father and cry mother when UPSTART in his portfolio dropped from USD400 to USD25 . but he did not why ? the reason he invested in the stock still remain intact and unchanged
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....
ks55
4,222 posts
Posted by ks55 > 2022-05-06 09:26 | Report Abuse
Mana Jaks punya sifu? Mana Vietnam punya power plant?