Posted by Mikecyc > 2024-01-27 12:02 |

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Posted by stockraider > 2024-01-27 12:55 | Report Abuse

Why mike believe in a soorhaiiii counter like jaks leh ??

Always screwing minority shareholders with many cheap private placement, esos and stripping cash leh ?

Posted by Mikecyc > 2024-01-27 13:23 |

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Posted by Mikecyc > 2024-01-27 13:26 |

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Posted by stockraider > 2024-01-27 17:59 | Report Abuse

Many prominent value investors value insas differently loh!

1. Sifu Sslee Target Rm 1.50.
2. Insas Eps 18.2 @ pe 12x = Rm 2.20.
3.Ahmoi the best friend of Ahfah in Pasar Pudu Rm 3.00.
4. Nta of insas exclude all the potential hidden gain Rm 3.56
5. Ahfah the investment queen in pasar Pudu Rm 3.90 to Rm 4.80
6. Tong Kooi Ong of Edge Rm 4.33
7. Leno Rm 6.00 and Rm60.00
8. General Raider Rm 7.00 to Rm 8.00

People always think of getting or hoping a new major shareholder, unlocking the hidden value of insas loh!

The truth is Thong is quietly unlocking value stealthly without people noticing mah!

Once people realized this.....there will be chasing Insas above Rm 3.00 loh!

Lu tau boh ah ???

" Insas strength is a very strong incubator of business loh!"

Thats why u have Inari, M&A in respect of Insas & Microlink in respect of Omesti loh!

All these private equity type of business had contributed billions of profit to insas mah!

In fact Insas is a msia equivalent of Black Rock & Goldman Sachs of the USA loh!


"The story of Ahfah a successful Pudu mkt vegetable seller, making big in her Insas & insas-w loh!

Ahfah had been holding more than 400k of insas at average cost at 75 sen and warrant 450k at average cost at 25 sen for more than 3 yrs had hit jackpot recently loh!

She had followed raider & gang buying into insas & she has faith to hang tight not only bcos, she trust raider but her deep believe in the good financial figure of insas never lies loh!

Her long patiencely wait for insas certainly payoff loh! Despite Insas broke out above high of Rm 1.00, she did not sold a lot of insas, bcos like raider she believe in insas will worth much more given time loh!

Not many of her peers in pudu mkt is successful bcos many do not have the patience to hold tight & easily jolted to sell when insas share price came down loh!

For example her best friend ahmoi follow her to buy Insas 300k at 80 sen.....immediately sold down, when insas when hit 90sen to Rm 1.00 loh!

Luckily due to her best friend scolding for selling insas too early....Ahmoi still manage to hold back 100k of precious Insas loh!

Ahmoi says i swear to God, that i will not sell anymore of insas, if it is still below rm 3.00 or unless ahfah start selling loh!

The Pudu mkt is active loh.....beside people buying vegetables....alot of them are talking about insas share loh!

Alot of people want to buy insas, but they are afraid bcos the price has risen loh!

Not many people are so lucky like ahfah sitting on big gain of insas without selling loh!"

Raider answer to the dilema of Ahfah & his followers is to get your bearing of investment valuation of Insas Right mah!

With proper valuation of Insas you are not afraid n confident to hold on to Insas loh!

Posted by stockraider > 2024-01-27 18:01 | Report Abuse

If u still holding on your jaks n making huge losses, better sell all your JAKS n convert all to Insas Warrant in order to recover your losses mah!

Posted by Mikecyc > 2024-01-27 21:25 |

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Posted by Mikecyc > 2024-01-27 21:26 |

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Posted by stockraider > 2024-01-28 11:15 | Report Abuse

Kon Mike has no credibility still harping on useless JAKS loh!

Just ignore him mah!

Sell all your Jaks & put all to Insas-w to recover your losses mah!
What are the strong point investing insas in a nutshell leh ?

Very Good Observations by Raider good old friend Probability mah!

True mah.....Insas is cash rich with more than Rm 1 billion net cash, why Insas need to sell more M&A and Inari recently to raise significantly more cash leh ?

The answer is Thong will like to Use Insas as a vehicle to privatise the Group for the benefit Thong family to benefit his next generation loh!

Without the Strong forces from the mkt.....Thong will be able to privatise Insas at Rm 2.20 to Rm 3.00 compare to Insas intrinsic value of Rm 7.00 to Rm 8.00 loh!

Thus it is very important for insas shareholders to get the valuation of insas right mah!

Many prominent value investors value insas differently loh!

1. Sifu Sslee Target Rm 1.50.
2. Insas Eps 18.2 @ pe 12x = Rm 2.20.
3.Ahmoi the best friend of Ahfah in Pasar Pudu Rm 3.00.
4. Nta of insas exclude all the potential hidden gain Rm 3.56
5. Ahfah the investment queen in pasar Pudu Rm 3.90 to Rm 4.80
6. Tong Kooi Ong of Edge Rm 4.33
7. Leno Rm 6.00 and Rm60.00
8. General Raider Rm 7.00 to Rm 8.00

On what occasion should Insas be value at around Rm 7.00 to Rm 10.00 leh ?

When there is a hostile sizeable investors coming in loh!

Sizeable means investors willing to buy more than 20% of insas share & to be a business partner to Thong loh!

Who r the sizeable partner willing to fork up so much monies of more than Rm 250m just to buy 20% of insas leh ??

It should be a value investors who understand Insas type of business n a good fit is Edge Tong & his allies loh!

It could Raider & Gangs with support of Tycoon behind the scene supporting & financing the deals loh!

Base on raider & gang matrix , the big investors is accumulating big in insas at rm 1.26 and warrants Rm 0.45, the funds require purchase 20% exposure will be Rm 250m loh!

This work out to a cost of roughly Rm 1.80 per share compare to the potential intrinsic value of insas Rm 7.00 to Rm 10.00 loh!

Thus minority shareholders should expect big volume of insas will be traded everyday from rm 1.26 to rm 1.80 over the next 6 mths loh!

People always think of getting or hoping a new major shareholder & unlocking the hidden value of insas loh!

The truth is Thong is quietly unlocking value stealthly without people noticing mah!


" Insas strength is a very strong incubator of business loh!"
Once people realized this.....there will be chasing Insas above Rm 3.00 loh!

Beyond 6 mths after this insas should be flying from Rm 1.80 towards Rm 10.00 loh!


If u r concern & fear of the mkt...........u should bet very big on INSAS loh!

Do not missed this defensive profitable opportunity loh!
Thus get ready to board the plane loh!

Posted by probability > 3 hours ago | Report Abuse

To all the young investors,

Insas one thing for sure, its value is way way higher than what market is pricing now....

But, all the available mechanism which can force the price to move to approach fair valuation as hinted by all sifus like KC Chong, OTB, TheEdge TKO, Sslee, Stockraider, Leno all....i guess will never come to fruition unless some human has the will to do so...

But, there is another natural mechanism...that is time

As Dato Thong Kok Khee ages..there is a high chance he has to take Insas private eventually before his passing

so the young investors has a very strong chance to gain from investment in Insas

If at all Thong handover the shares to his children before privatisation, these young investors can also do the same to their kids before their passing

Posted by CoffeeMilo > 2024-01-28 12:58 | Report Abuse

Up up up..

Posted by MrFox > 2024-01-29 23:21 | Report Abuse

Mikecyc@@
sell Jaks n buy YTLP!!!
haha

Posted by MrFox > 2024-01-30 10:40 | Report Abuse

Mikecyc@@
me wet wet song song at YTLP
you, dry dry sad sad at jaks!
haha

Posted by Mikecyc > 2024-01-30 13:10 |

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Posted by Felix888999 > 2024-01-30 14:51 |

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Posted by MrFox > 2024-01-30 19:09 | Report Abuse

Jaks Shl be from Bottom to Uptrend …
keep on spinning stale news!!!!
lauff me die!!!

Posted by Huangbk72 > 2024-01-30 19:38 |

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Posted by Felix888999 > 2024-01-30 19:41 |

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Posted by Huangbk72 > 2024-01-30 19:52 | Report Abuse

Hahaha... Poor Auntie Felica.. u werent even born in 2013.. dont speculate.. looks bad on you without solid proof..

Posted by Mikecyc > 2024-01-30 21:43 |

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Posted by Mikecyc > 2024-01-30 21:45 |

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Posted by Felix888999 > 2024-01-30 23:09 |

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Posted by Mikecyc > 2024-01-31 06:02 |

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Posted by Felix888999 > 2024-01-31 07:35 |

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Posted by Sslee > 2024-01-31 11:33 | Report Abuse

Eagerly waiting what will be jaks impairment loss for quarter end 31 Dec 2023?

KUALA LUMPUR(Jan 31): Reneuco Bhd's share price took a downward turn on Wednesday morning, dropping to a historic low of 10 sen as the renewable energy specialist faced the risk of suspension due to the failure to submit its annual report on time.

The group reported a net loss of RM125.05 million in the July-to-September 2023 quarter, with revenues amounting to RM4.57 million. The loss was primarily attributed to an impairment of RM132.53 million.

Posted by qqq47660 > 2024-01-31 11:37 | Report Abuse

A lot of reports total cost of solar energy is now cheaper than marginal cost of coal energy ...the world changed so much since the ipp first proposed

Posted by MrFox > 2024-01-31 14:37 | Report Abuse

Anyone holding Jaks feel the chill ?
yes, Mikecyc

haha

Posted by Mikecyc > 2024-01-31 18:31 |

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Posted by Mikecyc > 2024-01-31 18:33 |

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Posted by Mikecyc > 2024-01-31 18:38 |

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Posted by Mikecyc > 2024-01-31 18:40 |

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Posted by Mikecyc > 2024-01-31 18:50 |

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Posted by Huangbk72 > 2024-01-31 18:50 |

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Posted by Huangbk72 > 2024-01-31 18:52 | Report Abuse

Good that Mikecyc finally agreed to reduction in coal and phasing out.

This is good for Jaks future? Any reasons they will do well.. waiting for your "smart" answer 😁

Posted by Mikecyc > 10 minutes ago | Report Abuse

Coal
Although PDP8 does not call for immediate reductions in Vietnam's reliance on coal, coal would become a smaller share of the total energy mix by 2030. In 2020, total capacity of coal-fired power plants was 21.38 GW (30.8%) of the energy mix. By 2030, Vietnam plans to increase this to 30.13 GW, but this would reduce its share to 20% of planned energy capacity.

After 2030, Vietnam would not develop any new coal-fired power plants, and active plants that are 20 years or older will begin transitioning to biomass or ammonia. Plants over 40 years old that cannot achieve this fuel switch will be retired.

Posted by Mikecyc > 2024-01-31 18:55 |

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Posted by Mikecyc > 2024-01-31 18:56 |

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Posted by Mikecyc > 2024-01-31 19:00 | Report Abuse

Jaks non current asset


Refer QR ended March 2023 :


Non Current Assets :


PPE. 273,041,000


Investment Properties 594,321,000


Investment in Joint Venture. 829,105,000



—

Refer QR ended June 2023 :



Non Current Assets :


PPE. 278,626,000

Investment Properties 590,929,000

Investment in Joint Venture. 861,417,000

—

Reserves . : 24,909,000


> Accumulated Profit : 343,661,000. ( 1QR 324,951,000 ) ( Audited as on December 2022 is RM 310,874 ,000 )

Gearing Ratio : 0.362X

Posted by Huangbk72 > 2024-01-31 19:05 | Report Abuse

Hahhaa.. This Mikecyc still posting old stuff..

Why didnt include Latest QR? Dont know how to calculate? 🤣🤣

Why hide cash flow analysis? Earn profit but negative cash flow

Accumulated earnings.. yet no dividend and constant PP/RI. Is the accumulated profit for real?? Someone should check

Posted by Mikecyc > 2024-01-31 19:09 |

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Posted by Mikecyc > 2024-01-31 19:11 |

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Posted by Mikecyc > 2024-01-31 19:12 | Report Abuse

Remember Do 3 Own : Own Homework, Own Analysis n Own DecisionS as only you know your Risk level . 



DecisionS: is changed Upon new information, new facts n figures.

Posted by Sslee > 2024-01-31 19:12 | Report Abuse

Jaks built the LSS4 at the very high cost (solar panel at that time was high) and bid at very low power selling price. Interesting to see whether 3 months end 31 Dec 2023 Jaks made any profit from LSS4.

By the way jaks cannot bid for any new project because jaks do not has any money unless another round of PP and RI.

The most what ALP can do is collecting MOU.

Posted by Mikecyc > 2024-01-31 19:13 |

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Posted by Huangbk72 > 2024-01-31 19:16 | Report Abuse

Investments bloat up non current assets.

Effect 1 - If profitable, cash flow will improve. No need for constant PP/RI

Effect 2 - If fail, cash flow will remain negative.. constant need for PP/RI. Also regular impairment due to loss of value.

We see only Effect 2 happening now with Jaks.

Anyone with some logic will see dumbo management making all the wrong decisions and dumberer promoters cheerleading.

Next will be another round of PP/RI will less than 0.18c value... this is expected.

Posted by Mikecyc > 2024-01-31 19:16 |

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Posted by Huangbk72 > 2024-01-31 19:18 | Report Abuse

I posted this months back.. Figures reported by latest Jaks QR reflect my findings.

Lets hope Mikecyc will claim again Bruce Wayne posted this 🤣🤣

2023-10-18 15:49 | Report Abuse

Today lets visit Jaks locally solar plant project.

Background
LSS 4 is a large scale solar generating plan with total awarded capacity of 826.06 MWa.c
Total of 30 bids was awarded from 2 category. P1 ( 10MWac to 30MWac) and P2 ( 30MWac to 50 MWac)
Jaks was awarded P2 package
Winning bid ranges from ( RM0.1768 Kwh to RM0.1970Kwh)

Below is excerpt from Jaks AGM from 29th June 2021 shared by Mr Ang
1) Project cost at LSS4 to be around RM200 Million
2) Funding at 80%-85% from banks
3) Payback period 12 years

Lets set funding at 80% @ RM160 Million
Banker involved is UOB and AMbank Islamic
In March 2022, both banks quoted lending rate around 6.3-6.5%
Period 16 years
Interest pa RM10.24 Million
Principal pa RM 10 Million

Contract awarded is 50 MWac
No Solar plant in the world is efficiently operating. PLF ( Plant load factor) usually ranges from 30-70%. Daytime will only generate power at high efficiency. Rainy and Nighttime we will remove power generation ability. We will assume 50% for Jaks plant.
Expected Max Revenue pa
50MWac or 50,000 KWac
50,000 x 24 hrs x 50%
600,000 KWac per day
3219,6000,000 KWac per annum
Revenue : RM 43.143M pa

After less Banking commitment RM 20.24 M, Again not much left for operational expenses especially maintenance.

Dont get overhyped by promoters at solar project... the market didnt think so too

Posted by Mikecyc > 2024-01-31 19:20 |

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Posted by Mikecyc > 2024-01-31 19:23 |

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Posted by Mikecyc > 2024-01-31 19:25 |

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Posted by Mikecyc > 2024-01-31 19:27 | Report Abuse

Repost partially:

CEO洪南坡在2011年下了一个胆大包天的赌注，在世界面对金融风暴时刻，啃下一个陌生领域而且需要庞大资金的巨大BOT模式燃煤电厂工程。当时越南高速经济成长造成严重电力短缺，以至越南政府颁发了多个发电厂工程。因为资金需求庞大，大型的燃煤电厂工程都以BOT模式颁发了给外资企业。当时便有3个类似燃煤电厂供外企竞标。Mong Duong燃煤电厂是颁发给美国的AES Corporation (51%), Posco Energy (30%) and China Investment Corporation (19%)， 越南永新燃煤电厂一期BOT项目是由中国南方电网有限责任公司（55%）、中国电力国际有限公司（40%）和越南煤炭集团电力有限公司（5%）共同投资。而越南海阳燃煤电厂项目则颁给Jaks。CEO洪南坡被访问时表示去越南本意是寻找内行的水务工程，可机缘巧合发现越南严重缺电，所以竞标陌生的燃煤电厂工程。

可看到得标者个个都是几百亿市值，财力雄厚，经验丰富的跨国集团。何以势单力薄的Jaks也会得标 ？也许当时正处金融风暴而且项目多，竞标者少。

Posted by Sslee > 2024-01-31 19:29 | Report Abuse

Please know the different Jaks RI is collecting free money from shareholders.

Insas RI of RPS is borrowing money from shareholders with interest payment and redeem at maturity date, and the free warrants to reward shareholders.