That's good for us to buy cheap ma. Imagine the share price when 4units fire up, all analyst will chase to set the sky high target price. Trust FAIRFAX, OK.
Never trust these ppl fr. Mulpha.They r like asset strippers.See how they screwed up Mul land.For more than 20 yrs,they had not paid a single sen dividend
nelayan, RM700m per unit is impossible. The PPA is 350MW for Unit 1 and Unit 2. Both Unit 1 and Unit 2 will generate about RM907 million revenue assuming continuous supply of 350MW. If by chance Unit 3 and Unit 4 can supply another 350MW, then total revenue is about RM1.8 bil annually. Please bear in mind that this is revenue. If you want to estimate profit, then let's assume 30% of RM1.8bil which is about RM540mil annually. This is the max profit i foresee. Mudajaya's share is 26% therefore it will be about RM140mil annually.
newbie_Investor, that's the max i can see. That's why i said 30% profit due to plant operation. In this case, i guess the net profit minus the loan amount will only result about RM70 mil which is highly possible.
Ehl1964, i am from power background and i will not dare to say RM100 mil easily unless i have enough proof. They can make RM140 mil profit as per my earlier message if they operate all four machines together to generate 700MW and their profit is 30%. Anything less will affect the profit drastically. Remember there are too many variables hence the profit will be fluctuating.
Now unit 1 is running to supply 263MW to customer plus XX MW for internal use. They don't want fire up unit 2 to generate only 87MW for sell because not profitable. So 4 units revenue will be surpassed RM2. 8BIL if each unit generate 263MW. They don't have to fire up 2units to supply only 350MW , OK.
1 unit generate 263MW + internal use. Another 3 units can generate at least 300MW each for sell So I dare to say minimum net profit will be over 100mil in the worst case. .
my previous calculations and estimation very close to fact. Someone changed calculation depends on he wants to press down or push up price. Am I right???
Honestly, there is no reason to press down the price. The price is already very low. I would be glad if the price climbs back up and i can get back my money. Not going to comeback here again.
ppa signed in March last year. According to India CEA DAILY GENERATION REPORT, UCHPINDA UNIT 1 DAILY OUTPUT FOR SELLING is 6.33MU=6330000KWHR, divide by 24 hours you can get 263.75MW
3rd n 4th unit to be completed soon, n those preoperation cost such as bank interest n others, previously capitalised will be expensed to ofit n loss ac, same as 1st n 2nd unit when achieved commercial production, therefore same hit again about Rm 100 million... but spring will come...
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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....
heaven123
1,900 posts
Posted by heaven123 > 2017-02-28 08:21 | Report Abuse
Perhaps their is big scandal to cheat.