Both Jaks and MFCB have notable similarities in businesses and risk profiles, hence, they should have similar valuation.
MFCB is currently trading at 11.5 times earnings of Don Sahong. Given the same PE ratio, Jaks should be trading around RM1.70 after it has acquired additional 10% interest in JHDP and the power plant achieved full potential.
Buy on confident plus excellent performance , this stimulating draw up , scrutinized all , success is usually found covered in sweat , reckless , it will RISE accordingly , smash the lower price , rigorous one breath on , 1.00 heading .... condone that i not brief on time , i divulge the reality outcome ...BOOM is coming .
If you guy LOSE buying this JAKS , i ask you , not to invest any more , this stock consider HEAVEN KING ask you become richest in earth ....not buy not LUCKY LOL .
https://news.energysage.com/solar-farms-start-one/ How much do solar farms cost? Solar farms at the utility scale will typically be at least 1 megawatt (MW), which is a power plant capable of supplying some 200 households. Though cost will range based on a number of factors like location and available sunlight hours, top commercial provider First Solar has stated that the cost per watt for solar installations at this scale is somewhere around $1/watt. Therefore, you can assume that a 1 MW solar farm would cost roughly $1 million to install.
So installation of 50MW will cost USD 50 million. How about land cost and etc? Do Jaks have this money? Another PP or RI coming!
Our Group is actively identifying suitable business projects or investments. The future business projects or investments could be in the existing industries which our Company is currently operating in, or complementary industries to its existing businesses, or different industries from its existing businesses. These future business projects or investments include, amongst others, energy/ power projects, infrastructure and water-infrastructure projects.
In respect of the above, our Group's wholly-owned subsidiary, JAKS Solar Power Sdn Bhd had, on 2 September 2020, submitted a tender for the fourth cycle of the Large Scale Solar scheme ("LSS4") to the Energy Commission of Malaysia for the development of a solar power plant with an export capacity of 50 megawatts. The total project cost is estimated to be approximately RM200.00 million which is expected to be financed via the proceeds to be raised from the Rights Issue with Warrants, internally-generated funds and/ or borrowings. In the event the tender is successful, the construction of the solar power plant is expected to commence in the second quarter of 2022 and be completed in the first quarter of 2023. Thereafter, the solar power plant is expected to commence power generation based on a 21-year concession period from the first quarter of 2023 until the first quarter of 2044. Our Company intends to use the proceeds to fund the preliminary expenses of the said solar power plant project within 6 to 12 months from the completion of the Rights Issue with Warrants in the event the tender is successful. The result of the tender is expected to be announced in the first quarter of 2021. Any update or development in relation to the tender will be announced by our Company in accordance with the Listing Requirements.
"The total project cost is estimated to be approximately RM200.00 million which is expected to be financed via the proceeds to be raised from the Rights Issue with Warrants, internally-generated funds and/ or borrowings. "
" the construction of the solar power plant is expected to commence in the second quarter of 2022 and be completed in the first quarter of 2023 " ---- By then, JHDP would have started to distribute dividend.
Haha my Insas give me 2 cents dividend for the past 3 years, when will JAKS give you dividend? By the way have you attend the 2019 AGM? So USD 50-60 Million to increase equity from 30 to 40% plus another RM 200 million for 50MW solar plant, so is another PP or RI on the card?
Haha...sb sour grapes Talk as if Jaks HD power plant cannot earn even a single sen....for the whole year in 2021. Promote Insas as you like But dont badmouth Jaks Childish behaviour...ceh!!
i dun get it why ppl have to go other ppl counter to tok kok ? why ppl enjoy irritating others ... this is all negative energy. Think carefully, think wisely.
if u got nothing to do, just stand up, do some exercise, or simple breathing, or listen to music. These help clear our mind and heart, think all the good thing and good ppl or good cats in life. Take a deep breath now ... beath in .......hold ..... breath out .... breath in again ... and smile. We have many choices ... there are good choices, there are bad choices.
Sslee. TQ for introducing Armada to me. You sold too early la haha. Seems like you are not value investing leh otherwise you won't have sold at 0.26s thereabout. Anyway, now it seems like time for a breather for energy stocks lah
The only person gain from JAKS all this while is ALP with his self interest Free grant of LTIP. So are you implied karma will hit ALP? People give different view to balance out those who only give one sided view and those cannot offer any view resort to Karma.
Good morning leno, I am just sharing my opinion and not just talk kok. I believe in sharing we enrich ourselves and others. And by the way sharing is caring
hey old man ! U want to give your view, u can open one forum in i3 called Old man view ... see got anyone go and listen or not. Maybe got maybe not ... but that the right way to do it.
U want to give view HERE, then u must BUY the counter then u tok ... otherwise, u are as BIASED as anyone here. Only those who bought, can raise negative or positive or neutral.
U might ask why, because this is the ETHICAL way. There are hundreds of counters, how come u no go there and give your view leh ?
So, leno CHALLENGE" u to open one new forum (like calvinTan, philip, etc) ... and see u dare or not. In your room, u can argue with anyone, with any counter.
Jaks is trading forum for traders. It is up to them to call "whatever" they like here. They own jaks share. U ?
It is like in kopitiam ... u dun go to other ppl table and tok kok, and neither them go to your table. Yet we still share same kopitiam. U wan, u open new table and invite them, and everyone over.
And dear jaks comrades, everytime old man open his mouth, u challenge him to open new table ... if he daRE NOT ,, CALL HIM boh LAMPAH, COWARD,.... KEEP challenging him ... dun speak or entertain or even read his comment.
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....
Steady Punpipi
7,570 posts
Posted by Steady Punpipi > 2020-12-14 16:12 | Report Abuse
JAKS has submitted a bid for 50MW in the LSS4 tender