Posted by Bruce_Wayne > 2023-10-01 18:01 | Report Abuse

Pha Lai Thermal Power is publicly listed and has a market cap of USD183M and does not have any debt

Pha Lai's capacity is 1,040MW and Jaks Hai Duong Power plant's capacity is 1200MW

If Jaks Hai Duong Power is listed, it's market cap should be USD211.15M ( 183 x 1200/1040)

However, Jaks Hai Duong Power's holding company, Jaks Pacific Power has a debt of USD1,051.5 million (excluding compounded interest)

Therefore Jaks Pacific Power has a negative value if the debt has to be paid off

If Jaks Pacific Power can pull off an AirAsia X stunt and request lenders to take a 100% haircut, then Jaks Pacific Power will be worth USD211.15M

Jaks Resources Berhad's 30% share of Jaks Pacific Power will be worth RM297M ( 211.15 x 0.3 x 4.7 )

However, Jaks Resources Berhad's total debt is RM506.6M while it's share of Jaks Pacific Power is worth only RM297M

Therefore Jaks Resources Berhad's share has a negative value.


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Posted by Johnchew5 > 2023-10-01 18:34 |

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Posted by UlarSawa > 2023-10-01 19:44 |

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Posted by StartOfTheBull > 2023-10-01 21:04 | Report Abuse

Ular can you help to verify the questions correct or not?


UlarSawa

32,373 posts

Posted by UlarSawa > 1 hour ago | Report Abuse

So many unanswered questions no one promoter can reply kah. Ini macam lagi mau con suiyee lagi kah. Ingat suiyee kongkam meh. JohnChew betul tak. Kesian. Haiyoh. Correct?

Posted by Johnchew5 > 2023-10-01 22:31 |

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Posted by UlarSawa > 2023-10-01 22:39 |

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Posted by Johnchew5 > 2023-10-01 23:05 |

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Posted by StartOfTheBull > 2023-10-01 23:18 | Report Abuse

Ular your common sense in Top Glove three years ago also very teruk one, every time price down you said wanted to renew FD, until it dived down to 56c. It is already recorded in history and i3.

Posted by Johnchew5 > 2023-10-01 23:24 |

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Posted by UlarSawa > 2023-10-02 08:18 |

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Posted by Johnchew5 > 2023-10-02 08:34 |

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Posted by joyvest > 2023-10-02 09:20 | Report Abuse

Jaks is hopeless

Posted by UlarSawa > 2023-10-02 09:44 |

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Posted by joyvest > 2023-10-02 09:49 | Report Abuse

No matter how jaks is promoted, it wont spike but remains stagnant at 20-22 for many years to come if not century. Investors have long ditched this counter for other more potential ones.

Now then the problems exactly lie with Jaks have been exposed in the earlier posts. It is believed that only Jaks could salvage themselves and no one else , not even the promoters here .....

Posted by Johnchew5 > 2023-10-02 15:18 |

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Posted by Johnchew5 > 2023-10-02 15:20 |

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Posted by Johnchew5 > 2023-10-02 15:20 | Report Abuse

Jaks


Benjamin Graham number


Square root of 22.5 x ( earning per share ) x ( book value per share )

SR 22.5 x ( 2.12 /100 ) x (1,400,249,000/ 2,370,000,000 )


= SR 0.2818


= RM 0.53



NTA : RM 0.66

Posted by Johnchew5 > 2023-10-02 15:28 |

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Posted by joyvest > 2023-10-02 16:22 | Report Abuse

0.66 is in your fantasy, not in a million years....

Posted by Income > 2023-10-02 17:11 | Report Abuse

Joyvest is schooling JongChw5. Hahaha 🤣


Posted by joyvest > Oct 2, 2023 9:49 AM | Report Abuse

No matter how jaks is promoted, it wont spike but remains stagnant at 20-22 for many years to come if not century. Investors have long ditched this counter for other more potential ones.

Now then the problems exactly lie with Jaks have been exposed in the earlier posts. It is believed that only Jaks could salvage themselves and no one else , not even the promoters here .....

Posted by Income > 2023-10-02 17:13 | Report Abuse

JongChw5 counting Gigi Geraham formula. Haha


Posted by Johnchew5 > Oct 2, 2023 3:20 PM | Report Abuse

Jaks


Benjamin Graham number


Square root of 22.5 x ( earning per share ) x ( book value per share )

SR 22.5 x ( 2.12 /100 ) x (1,400,249,000/ 2,370,000,000 )


= SR 0.2818


= RM 0.53



NTA : RM 0.66


Johnchew5
9036 posts
Posted by Johnchew5 > Oct 2, 2023 3:28 PM | Report Abuse

Hoho I had done the Graham Number for Insas on 2021 …


joyvest
9257 posts
Posted by joyvest > Oct 2, 2023 4:22 PM | Report Abuse

0.66 is in your fantasy, not in a million years....

Posted by Johnchew5 > 2023-10-02 17:57 |

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Posted by StingRay > 2023-10-02 18:36 | Report Abuse

Want to know how Jaks will end up? Go read the following thread... PA, JKGLand and RGTech. See what others say. That should give you all some idea. 🤣🤣🤣

Posted by Johnchew5 > 2023-10-02 19:26 |

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Posted by StingRay > 2023-10-02 20:24 | Report Abuse

Hah... how many counters or times have you taken profit? I don't see any that you mentioned before. I don't see any sell or exit call. Why? Still waiting to con people to buy high so you can exit kah? I have posted a number of counters that I bought and also posted to notify others that I was exiting. Then celebrate the fruits with Ular. How about you? Any? Loss till naked? Who arr? Jealous? 🤣🤣🤣

Posted by StingRay > 2023-10-02 20:25 | Report Abuse

Your win probably because nobody exposed your con lah. Now, your con cannot sell liao loh. 🤣🤣🤣

Posted by Johnchew5 > 2023-10-02 20:36 |

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