Solarcity REIT has been allocated an export capacity of 29.99MWac, while Fabulous Sunview, through a consortium with JAKS Solar Power Sdn Bhd and Ann Joo Green Energy Sdn Bhd, has also been allocated with an export capacity of 29.99MWac. https://theedgemalaysia.com/node/680869
As cash flow is expected to improve in coming months, Jaks should be able to catch up with its peers.
When all the counters up, the next is gonna be JAKS. Even Ekovest with high debt & loss-making highway concessions also now breaking 2-year high. 30 cents is easy peasy
You can go wrong with a concession business in Vietnam when it is the fastest growing economic nation in ASEAN. They are in dire need of energy for its industries
Many people were cursing YTL & YTL Power back then without having in depth knowledge and understanding of their businesses. Fast forward, within 6 months both counters already up 130 - 140%. Who is getting the last laughter now
We all are well aware of all the issues be it, cash flow, legal tussles, governance, high salaries & remunerations of the management team, loss-making property investment segment
Jaks : Vietnam Power Plant Project BOT 25 years concession tenure. >>
A ) Referred to FY21 Annual Report :
The turnaround to Profitability was mainly from the share of profit in the Vietnam joint venture which amounted to RM 140.7 million in FYE2021 as compared to RM3.8 million in the previous year .
B ) Referred to FY22 Annual Report :
The increase in Profitability arose from the Higher share of Profit from the Vietnam joint venture that rose by 11 % to RM 156.2 million.
And Dividend RM 70.0 million.
C ) Referred to 1st QR ended March 2023 :
Share of Profit in Joint Venture is RM 28,326,000 compared to March 2022 RM 33,936,000.
( Note : from Key Matters Discussed, the reduced Share of Profit is due to increased interest expenses .
D) Referred to 2nd QR ended June 2023 : Share of Profit in Joint Venture is RM 32,312,000 . Wow really a Cash Cow , 💪.
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>> JHDP has been granted the Investment Certificate by the Ministry of Planning and Investment of Vietnam on June 2011 to develop a 2 x 600 MW Coal Fired Thermal Power Plant Project in Phuc Thanh Commune, Kinh Mon District, Hai Duong Province, Vietnam ("Hai Duong BOT Thermal Power Plant"), under the form of Build-Operate-Transfer ("BOT") for 25 years.
>>> Construction of Hai Duong BOT Thermal Power Plant has commenced in the first half of 2016. Hai Duong BOT Thermal Power Plant achieved the commercial operation for its first unit on November 2020, while the commercial operation for the second unit was achieved in January 2021.
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....
UlarSawa
35,552 posts
Posted by UlarSawa > 2023-08-30 12:50 |
Post removed.Why?