Posted by Johnchew5 > 2024-08-14 21:14 | Report Abuse

Jaks

Investment in Joint Venture:

( & PPE )

QR ended

> March 2016 = 128,297,000

( PPE = 19,269,000 )

> March 2019 = 197,171,000

> March 2020 = 362,479,000

> March 2021 = 601,150,000
( note : Profit from Construction of the Power Plant is ard RM 400 Million .. Final COD on January 2021 )

> March 2022 = 748,656,000

> March 2023 = 829,105,000

( PPE = 273,041,000 )

> September 2023 = 897,378,000

( PPE = 299,238,000 )


> December 2023 = 904,495,000

( PPE = 296,599,000 )

Posted by musangfoxking > 2024-08-14 21:16 |

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Posted by Starisborn > 2024-08-15 07:05 | Report Abuse

If a company that has the following characteristics:
1) low and depressed market price for its shares
2) high NTA as compared to share price
3) good operating cash flows
4) great streams of major projects that will continue to contribute substantially in future
5) intentional non declarations of dividends for long period of time
6) a group of commentators that continue to wallop the company irrespective of the company is performing well in the hope to depress the share price
7) bank loan financing is still abundantly available to company and this proved its credit worthiness
8) ability to sign up and win bids for new projects

With these 8 characteristics, it can only suggest that this company is a ripe candidate to be privatised.

Huat ah! to those believers that continue to have faith!

Posted by Sslee > 2024-08-15 07:36 | Report Abuse

If insiders done all the below:
1. Need yearly PP or RI for working capital and bank loan repayment
2. Yearly multimillion impairment of trade and other receivables
3. Did not fulfilled the promise given to shareholders at AGM of no problem in getting finance from Singapore financial institute to subscribe for addition 10% JHDP option
4. Keep signing MOU but nothing materialized
5. Keep rewarding insiders with LTIP free shares grant
6. PP at lower and lowest price
7. Mike-Tikus day and night using his copy and paste misinformation or faked FA and TA to promote jaks
8. Never give any dividend to shareholders
9. Lower and lower revenue as no new jobs won.
10. Negative cashflow

With these 10 characteristics BOH CHOW CCCCCCCCCC AAAAAAAAAAAAAAAAAAA !!

Posted by BLee > 2024-08-15 08:57 | Report Abuse

“Starisborn > If a company that has the following characteristics:
1) low and depressed market price for its shares…8) ability to sign up and win bids for new projects

With these 8 characteristics, it can only suggest that this company is a ripe candidate to be privatised.”

Look left, look very promising. Let's look right and All down the drain..

“Sslee > If insiders done all the below:
1. Need yearly PP or RI for working capital and bank loan repayment…10. Negative cashflow
With these 10 characteristics BOH CHOW CCCCCCCCCC AAAAAAAAAAAAAAAAAAA”

If look right and then left; it will be a different story. It depends what price one starts to invest, that's what makes stock investing interesting…I believed how beaten down a counter, there is still value inside. ‘破船有三斤钉, 半斤八两’ meaning a broken ship still have three catty of nails, all equals..
Happy Trading and TradeAtYourOwnRisk

Posted by Sslee > 2024-08-15 09:36 | Report Abuse

I have no problem with people who trade for profit what I cannot fathom is people like dumbass Mike-tikus trying to act smart giving his fake FA and TA to lure newbie to chase high so that he can sell his ticket to newbie.

Posted by mf > 2024-08-15 09:37 | Report Abuse

FBM KLCI

FBM KLCI

1,610.78

-1.57

0.09%

Posted by musangfoxking > 2024-08-15 09:45 |

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Posted by elunmask8 > 2024-08-15 09:48 | Report Abuse

@Starisborn.....u may be correct. Cyber troopers may be engaged to beat and run down this company with a view to privatise at much cheaper cost....Compared to its NTA...there is another RM1.23 billion to be cream (0.63-0.155)x 2.6B S/C

Posted by Sslee > 2024-08-15 10:01 | Report Abuse

Assets rich but negative cash flow. Can you liquidate the assets and get the money. Or jaks will keep asking money from you thro' RI

Anyone want to buy Evolve mall from jaks?

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2024-08-15 10:13 | Report Abuse

How is the power plant project in Vietnam contributing to Jak's top and bottom lines today?

Posted by Sslee > 2024-08-15 10:30 | Report Abuse

Repost:

1.) Vietnam Power Plant Share of Profit n Dividends :

2020 : RM 3.8 million ( 1 Power Plant is COD on Nov 2020 )
2021 : RM 140.7 million (The 2nd Power Plant is COD on Jan 2021)
2022 : RM 156.2 million , Dividend RM 70.0 million
2023 : RM 131 million , Dividend RM 27.385 million

Total Share of Profit = RM 431.703 Million
Total Dividend = RM 97.385 Million

Did anyone question BOD why 2023 dividend from JHDP reduce to RM 27.385 million compare to 2022 of RM 70 million?

Why Jaks did not take up the addition 10% JHDP option?

What will be expected 2024 dividend from JHDP?

Q1 2024 Finance cost RM (8,054,000) will dividend from JHDP enough to cover the finance/interest cost for FY2024?

Will there be another PP or RI in year 2025?

Posted by musangfoxking > 2024-08-15 10:33 | Report Abuse

waiting for the mouse to answer ur enquiries!!!!

Posted by Johnchew5 > 2024-08-15 12:41 |

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Posted by Johnchew5 > 2024-08-15 12:43 |

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Posted by Johnchew5 > 2024-08-15 12:46 | Report Abuse

Jaks

1.) Vietnam Power Plant Share of Profit n Dividends :


2020 : RM 3.8 million ( 1 Power Plant is COD on Nov 2020 )


2021 : RM 140.7 million ( The 2nd Power Plant is COD on January 2021 ) .


2022 : RM 156.2 million , Dividend RM 70.0 million


2023 : 1QR = RM 28.326 M , 2QR = RM 32.312 M , 3QR = RM 35.862 M , 4QR = RM 34.503 M plus Dividend RM 27.386 M

2023 : RM 131 million , Dividend RM 27.385 million


Total Share of Profit = RM 431.703 Million

Total Dividend = RM 97.386 Million

Total = RM 529.089 Million

> Share of Profit in QR ended March 2024 =
RM 32.384 million

>> G. Total = RM 561.463 million


Jaks 30 % share in Vietnam Power Plant Joint Venture invested ard RM 600 Million.
( RM 400 million is from the Profit of Construction of the Vietnam Power Plant)

Initially PayBack 8 to 9 years ..

Referring to the Grand Total , PayBack period is by 2024 .. ie : from 2021 to 2024 ~~ 4 years ..

👉From Vietnam Power Plant 1200 MW EPCC RM 8.7 Billion started on October 2016 ,
Payback period is 8 years.


按照购电协议，电力售价将随原料价格波动。意味着业务盈利贡献获得保证。Jaks管理层曾透露内部回酬IRR介于12%，PAYBACK PERIOD为8至9年

Posted by Johnchew5 > 2024-08-15 12:54 | Report Abuse

Jaks Annual Revenue and Net Profit / ( Loss ) :


1.) FYE2020 : RM 259.4 million with Loss ( RM 80.5 Million. )


2.) FYE2021 : RM 109.7 million with Net Profit RM 51.9 million.


3.) FYE 2022 : RM 89.8 million with Net Profit RM 53.5 million.


4.) FYE 2023 : 1st Half Revenue RM 17.47 million with Net Profit RM 33.19 million.


>>👉 1QR is Profit RM 14.08 million , 2QR is Profit RM 19.11 million , 3QR is Rm 7.15 million…4QR is Loss ( 24.8 million )

👉👉 Rm 37.787 million with Net Profit RM 15.527 million..


5.) FYE 2024 :

>> 👉1QR : RM 14.2 million with Net Profit RM 12.4 million.

( Note : Vietnam Power Plant Joint venture company is 30 % equity.. an associate company) .

Posted by Johnchew5 > 2024-08-15 12:58 |

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Posted by Johnchew5 > 2024-08-15 13:38 |

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Posted by Johnchew5 > 2024-08-15 16:05 |

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Posted by Sslee > 2024-08-15 17:15 | Report Abuse

So proven Mike-tikus only good in cut and paste his usual gibberish and slanderous accusations in trying hard to avoid answering a direct questions.

musangfoxking waiting for the mouse to answer ur enquiries!!!!
15/08/2024 10:33 AM
15/08/2024 5:14 PM

Posted by Johnchew5 > 2024-08-15 17:17 |

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Posted by Johnchew5 > 2024-08-15 17:17 |

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Posted by musangfoxking > 2024-08-15 19:17 | Report Abuse

raymondroy@@@
@Johnchew5 ...... can you share with us which counter you are invested in besides Jaks? what is your view of your investments so far? appreciate if you can share.....thx
2Bola deflated in Jaks!!!!!!

Posted by Johnchew5 > 2024-08-15 19:54 |

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Posted by Sslee > 2024-08-16 12:53 | Report Abuse

Am watching wave formation in Yinson.

Repost:
Aug 11, 2024 8:26 AM | Report Abuse

Aiyoyo Mike-tikus trapped inside jaks for more than a year and now only managed arrange down to RM 0.16 meanwhile I already take profit on Insas-WC how many rounds.

Remember to sell jaks before Q4 result out because Q4 is the quarter Jaks will report many many million of impairment losses on trade and other receivables.

As on Yinson Q4 2024, Q1 2025, and Q1 2026, you will know what is the earning of FPSO Maria Quitéria, FPSO Atlanta and FPSO Agogo. So TA Sifus watch out for the waves

Posted by musangfoxking > 2024-08-16 13:31 | Report Abuse

👍

Posted by Johnchew5 > 2024-08-16 18:21 |

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Posted by Johnchew5 > 2024-08-16 18:26 |

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Posted by Johnchew5 > 2024-08-16 18:31 |

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Posted by Johnchew5 > 2024-08-16 18:33 | Report Abuse

Posted by Johnchew5 > 3 minutes ago | Report Abuse

KUALA LUMPUR (Aug 14): Ranhill Utilities Bhd (KL:RANHILL) posted a 45.8% decline in net profit to RM6.53 million in the second quarter ended June 30, 2024 (2QFY2024), from RM12.06 million a year ago, dragged down by an RM8 million reversal of profits previously recognised by its 51% owned-subsidiary Ranhill Worley Sdn Bhd.

👉In a filing with the local bourse on Tuesday, the group said the profit reversal was related to the oil and gas (O&G) segment in the design engineering services for a floating production, storage and offloading vessel job for a Brazilian O&G producer.

Posted by MrFox > 2024-08-16 18:58 |

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Posted by Johnchew5 > 2024-08-16 19:00 |

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Posted by Johnchew5 > 2024-08-16 19:02 | Report Abuse

2.) Jaks : catched the Bottom Fishing at RM 0.185 on April 2023 ( after Sslee posted sold Jaks on April 2023 since 2017 ) ... Up to RM 0.225 in 2 months .. then invested at RM 0.19 on July 2023 .. Gap Up on 1/9/2023 to RM 0.245 …

As said earlier 2025 Shl be Jaks year .. since LSS5 Tender RFP dateline is brought forward to 25/7/2024 from December 2024 .. focus back to Jaks .

Posted by Johnchew5 > 2024-08-16 19:04 |

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Posted by Sslee > 2024-08-16 19:22 | Report Abuse

Aiyoyo I am very jealouse of Mike-tikus jaks already how many sens down and thus how many figures book loss?

Posted by Johnchew5 > 2024-08-16 21:03 |

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Posted by Johnchew5 > 2024-08-16 21:05 |

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Posted by musangfoxking > 2024-08-18 09:34 |

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Posted by Johnchew5 > 2024-08-19 10:08 |

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Posted by Johnchew5 > 2024-08-19 10:40 |

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Posted by Johnchew5 > 2024-08-19 10:49 |

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Posted by Johnchew5 > 2024-08-19 11:00 |

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Posted by calvintaneng > 2024-08-19 18:18 | Report Abuse

4 reasons why you must avoid Jaks

1. Jaks China partner no cash so give Jaks Iou papers (Receivables )


2. Jaks no money ask money by Pp and Ri

3. Tsh Directors buy Tsh shares with own hard earned monies while Jaks insiders rewarded themselves with millions of free shares


4. Jaks no money do solar later will ask for more money

better sell Jaks (Jaws come)


https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/167328

Posted by calvintaneng > 2024-08-19 18:49 | Report Abuse

don't listen to conman Johnchew

in Tsh Directors use own hard earned money to buy Tsh shares


in Jaks they reward themselves with Free shares


https://klse.i3investor.com/web/insider/detail/D_173625_84045492

Posted by Eagle77 > 2024-08-19 19:38 | Report Abuse

Haiyoooo don’t arguing just buy Minetech is going to rebrand to AIZO the power counter based from Sarawak Premier’ son Abg Izzarim ✅⬆️😎👍

Posted by Johnchew5 > 2024-08-19 20:41 |

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Posted by Johnchew5 > 2024-08-19 20:42 |

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Posted by Johnchew5 > 2024-08-19 20:54 |

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