30 September 2024: 30 June 2024 USD/MYR Average rate 4.4566: 4.7323 Closing rate 4.1065: 4.7205
Jaks Jun-2024 31-Dec-2023 RM'000 RM'000 Investment in Joint Venture 943,960 904,452 Based on June closing Exchange rate 4.7205 and Sept rate 4.1065 what will be JV value as at end Sept 2024? How many millions foreign exchange losses?
Haha Pokkai TinKosongHuangbk blowing PMCORP with TP RM 2.00 , see its Value since 2013 wow.. ( Calvin blowing RM 5.00 to RM 10 ) …must be loss naked liaw .. want to share ❤️in PMCorp wow .... hibernated more than 7 years in a cave since 2014 until 2021… must be created a lot aka id … beware .
>> Pokkai TinKosongHuang joined the Kacukan 🐍Tippu Tippu gang ( even Tippu newbies membership fees RM 100 ) in TopGlove on 2024 to promote HK/China and US stock ____. Beware ..
Aka ID Marry n MrHuangbk n jc963852 are Banned permanently.
Aka id MrHuangbk is banned permanent recently due to created many similar id / abusive id to post abusive n unethical contents ..
👉QR ended December 2023 is Loss ( RM 24.8 Million)
In the fourth quarter of 2023, the Construction division reported lower revenue of RM2.9 million, a reduction of 94% compared to the revenue of RM46.7 million in the same quarter of the previous year. This decline was primarily attributed to the lower revenue recognition from the local construction works that are in their 👉 final stages of completion. With the lower revenue, this division incurred a higher 👉 loss before tax RM63.3 million in this fourth quarter compared to RM40.5 million loss before tax incurred in the corresponding quarter of the previous year.
In the quarter under review, the Property Investment division recognised lower revenue contribution of RM3.1 million, from RM4.0 million achieved in the previous year's corresponding quarter. 👉👉This division reported a profit before tax of RM15.4 million, compared to a loss before tax of RM5.4 million in the fourth quarter of 2022 mainly due to the 👉 reversal of provision made in previous years.
Not forgetting buying back 100+ million in share buyback when prices are cheap. The big thing to ask is this:
Like the CEO of yinson say, my contracts are fixed returns from first oil(operational status) yinson is paid 700k usd a day. In total with interest the fpso cost 1.2 billion to build. Contract is 22 years, at the end of period yinson will earn 5.2 billion.. So if things are built well and completed well, yinson will earn back their spent cost in 5 years and after that is profit every day, as their charter is bareboat, operations and management is under the operator ( unless yinson sign o&m). Very clear cut rules, clear cut profitability, all that is left is to perform.
How did yinson command this 700k a day charter while customers like armada earn 435k a day? Simple. Timing and competition. In many cases yinson was the only bidder or best option with string financial status. That is why yinson is 8 billion, armada 2 billion and Jaks 300 million.
Execution and profitability.
>>>>>>> June 2024 …
JediMaster1
52 posts
Posted by JediMaster1 > 5 days ago | Report Abuse
Off course ( Yinson 👍 ) is different to ( Jaks 👎 )
1. Yinson pay dividends to share holders ever quarter 👍👍👍
( Jaks suck blood from share holders keep on PP or RI to sucking until all share holder dry ) 🤪🤪🤪
Hoho today morning , see the price gap up to above RM 2.80 , recalled volume is ard 3 million, oredi feel strange lo … now seems the Goreng kaki is on SBB from 2.70 to 2.85 ..
Treasury shares ( SBB ) : ? Unit ( ? % , RM 470 million )
👉Question: Why Spent so much money on SBB to push up the Price ? Where as EPF n KWAP rotating Cari Untung . The worst is loans n borrowings is keep increasing ?? 😱
Haha Kidd Konartist sslleee, Yinson financing n Refinancing is worrying le .. from QR result shown Debts is keep Increasing… while FPSO Anna Nery which First Oil on May 2023 contributed 50 % of FPSO segment Revenue.. ownership is reduced from 75% to 63.2 % on 22/10/2024 due to Refinancing ….😱😱😱🤔
So Kidds can calculate how much % Revenue is reduced by less 11.8 % ???😱🤔
—-
Haha on Yinson FPSO Anna Nery Financing n Refinancing:
1.) 21/8/2021 : Sumitomo own 25 % with USD 670 million .
2.) 22/10/2024 : K Line own 11.8 % with USD 49 million.
Wow why suddenly 11.8 % for USD 49 million refinancing so so Cheap le !!!😱🤔
Let guess: Construction: Sure loss making Property Investment: Also loss making Power Energy: Most likely loss making due to too many rainy days Investment Holding: Loss making JV: Share of profit but suffered foreign exchage book losses
The current ratio, also known as the working capital ratio, measures the capability of a business to meet its short-term obligations that are due within a year. The ratio considers the weight of total current assets versus total current liabilities.
It indicates the financial health of a company and how it can maximize the liquidity of its current assets to settle debt and payables. The current ratio formula (below) can be used to easily measure a company’s liquidity.
Mikecyc aka johnchew why want to talk about facts & figure with you i already make very clear statements once Jedimaster have rated Jaks is 100 % junk stock and very sure will deleted in market on next 6 months 🤪🤪🤪
Hahahaha.. Why Miketikus still cannot answer his own post? He woke up to the fact, he has been posting fake Jaks facts and figures over 18 months? 🤣🤣 He hasnt answered questions about his own post. All Miketikus can do is try deleting my post. Shameless again
1) How Jaks allocate FCF? 2) How is TNB rate 21.8 has anything to do with LSS4 3) How can Miketikus even got the generation rate wrong about Tier 1 and 2 ? 4) QR ended Sept 2024 unannounced. Why Miketikus post exchange rate for OCT and NOV? Neither here nor there. Year end and Quarter also useless- not complete. Why ?
Cash and Cash Equivalents Cash and cash equivalents included in the cash flow statements comprise the following balance sheet amounts. Current Year Preceding Year 9 Months 9 Months ended ended 30-Sep-2024 30-Sep-2023 RM'000 RM'000
Deposits placed with licensed banks 12,079 34,404 Cash & bank balances 23,818 36,808 Bank overdrafts (5,891) (5,963) 30,006 65,249 Less : Deposit held as security values (12,079) (34,404) Bank balance held as security values (5,585) (214) Debt service reserves account (8,364) (11,240) 3,978 19,391
Jaks only balance available cash as at 30-Sept 2024 RM 3,978,000 Enough to pay salarly for the next 3 months or not?
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....
edwing9981
94 posts
Posted by edwing9981 > 4 weeks ago |
Post removed.Why?