Posted by StarOfTheBull > 1 month ago | Report Abuse

It was actually not a totally unexpected event. In fact, there was a clue reported three years ago. It was just nobody paid attention to the news at that time.
https://www.freemalaysiatoday.com/category/nation/2021/09/06/investigate-the-rm3-billion-spent-on-1bestarinet-says-bn-man/

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho yes , recalled someone did posted the article earlier ... I said shl be Open File .

Posted by jjohnchew > 1 month ago |

Post removed.Why?

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho other member of To be Hired did posted advertisement in Insas .

Posted by fx115w > 1 month ago | Report Abuse

@StaroftheBull You must be joking to refer
to a 3 years old report as tip-off of event. The share price still climbed from RM0.75 to RM3.65 in 3 years. Anyone who were scared back then all missed out on the
opportunity.

Posted by fx115w > 1 month ago | Report Abuse

Gov should focus to clamp down evil organisation like GISBH and spare those
company who earn billions overseas and
bring back to Malaysia.

TS Francis could easily list YTLP in
Singapore since not a single dollar profit
is earned from Malaysia. Why bother to entertain bunch of unappreciated people.

Posted by Beta Ipoh > 1 month ago | Report Abuse

johnchew are you sure the Jordanian government has paid only half its monthly dues ？how u know？

Posted by fx115w > 1 month ago | Report Abuse

Wait & see. If share price continue to drop below RM2.
The Yeoh might as well delisted the whole company and keep it to themselves

Posted by jjohnchew > 1 month ago | Report Abuse

👉3.) Questions: Any delay in payments due to
Jordanian government as it tries to contest the deal in an international legal battle.😱


https://www.timesofisrael.com/concerns-over-beijings-influence-as-new-power-plant-puts-jordan-in-debt-to-china/

Posted by jjohnchew > 1 month ago | Report Abuse

YTLpower QR ended June 2024 :


Hoho Borrowings is increased by RM 1.06 Billion…. Is the Window Dressing result for Last QR of FY 2024 .


>
YTLpower:

A) QR ended March 2024 :

1.) Gearing Ratio : 1.19X


Borrowings = 29.38 Billion + 1.95 Billion = 31.33 Billion

Cash n bank balances = 8.76 Billion

Total Equity = 18.97 Billion

NTA 2.45

Posted by Speakyourmind > 1 month ago | Report Abuse

https://www.jordannews.jo/Section-109/News/Arbitration-Panel-Dismisses-Case-on-Exorbitant-Pricing-in-NEPCO-APCO-Agreement-36843

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho some key points from the above link article:



Under their 30-year power purchase deal, Jordan’s state-run electricity company will have to buy electricity from the now effectively Chinese-led Attarat at an exorbitant rate that means the Jordanian government would lose $280 million annually, the treasury estimated. To cover the payments, Jordan would have to raise electricity prices for consumers by 17%, energy experts said — a severe blow to an economy already saddled with debt and inflation.


Just like Ytl is cash rich but local subcontractors are not keen on its projects due to the payment payout .

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho Ytl might due to DE ratio :

Current Ratio 1.94
Debt-Equity (DE) Ratio 3.81
FCF Yield 7.55 %
Revenue QoQ 14.75 %
Revenue YoY -9.09%
Profit QoQ 7.71 %
Profit YoY 11.12 %
Profit Margin (Sector Median: 7.5) 7.02 %
ROE (ROIC: 3.68) 13.04 %

Posted by Beta Ipoh > 1 month ago | Report Abuse

johnchew it is news 2023,
Attarat Power said it expects a decision in the case later this year. Rulings by the world business organization are legally binding and enforceable.
any news about tis case？result？
I would like to have strong supporting evidence or financial data for the points you raised, as we are normal investors.
A big reason why I invested in this company was because of this point, so I am interested in knowing more about this project.
talk more......

Posted by Speakyourmind > 1 month ago | Report Abuse

The ruling is favourable to APCO. A good outcome for YTL Power.

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho YTLpower Jordan Attarat Power compared with Jaks Vietnam Power Plant :

1.) Jaks Vietnam 2 X 600 MW Power Plant USD 1.87 Billion is COD on January 2021 : YTLpower Jordan 2 X 277 MW Attarat Power Plant USD 2.1 Billion is COD on 2022 .

Recalled Zelan international legal battle on Meena Dubai Project … after won against the Main Development n later the Owner ( Major shareholder is from Royal family) , but cannot recover the International arbitration court awarded claim amount until in PN17 .

Of course YTLpower Attarat Power plant is signed agreement with NEPCO Jordan , 👉👉promoter here with new id can search how is the relevant contracts signed on ( as example on Jaks Vietnam Power Plant ) :

👉Understand the Key Contractual Obligations of the project award

1.) Investment certificate ( on taxes) .


2.) BOT contract ( partially posted here as example )
* 25 years from commercial operation date (COD).
* The power plant shall be transferred to Vietnam Ministry of Industry and Trade (MOIT) at no charge after 25 years.


3.) Government guarantee (GGU)
* The GGU provides Vietnam Government Guarantee on all payment obligations of MOIT under the BOT contract and the EVN under the PPA.


4.) Power purchase agreement (PPA)
* EVN shall purchase dependable capacity and the net energy output from JHDP.
* JHDP shall finance, design, build, operate and maintain the power plant.
* PPA shall have a duration of 25 years from the COD.


5.) Coal supply agreement (CSA)

* Vinacomin shall supply anthracite coal for the full term of the BOT contract.
* Failure of supply gives JHDP the right to source for alternative coal from domestic or foreign sources and seek compensation from Vinacomin for additional costs.


6.) Shareholders agreement (SHA) and JV agreement (JV) .

Posted by Speakyourmind > 1 month ago | Report Abuse

What a strange way of making comparison....😄

Posted by StarOfTheBull > 1 month ago | Report Abuse

Congrats to you for have bought at within that range.

fx115w

63 posts

Posted by fx115w > 6 hours ago | Report Abuse

@StaroftheBull You must be joking to refer
to a 3 years old report as tip-off of event. The share price still climbed from RM0.75 to RM3.65 in 3 years. Anyone who were scared back then all missed out on the
opportunity.

Posted by ggleow > 1 month ago | Report Abuse

whatever storytelling also no use.
this counter ggleow due to corporate governance issue.

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho no more facts n figures findings !!!🤣🤔

Speakyourmind
Speakyourmind | Joined since 2024-09-28

—-

Posted by Speakyourmind > 1 hour ago | Report Abuse

What a strange way of making comparison....😄

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho further key point :

This outcome ensures that NEPCO will not bear additional burdens due to the case's dismissal and will not assume any new responsibilities beyond those outlined in the original project agreements established in 2016. The execution of these agreements will continue in compliance with applicable Jordanian legislation.

>> Recalled Zelan won the international arbitration trial … but Middle East local legislation is a bit protective!!!

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho further key points on my earlier link article:

> In 2012, the Jordanian Attarat Power Company proposed to the government to extract shale oil from the desert and build a plant using it to provide 15 percent of the country’s electricity supply. The proposal fit the government’s intensifying desire for energy self-sufficiency amid the turmoil of the 2011 Arab uprisings, company officials say.

But extraction proved expensive, risky and technologically challenging. As the project lagged, 👉Jordan struck a $15 billion agreement to import vast amounts of natural gas at competitive prices from Israel in 2014. Interest in Attarat waned.

Posted by Sslee > 1 month ago | Report Abuse

Aiyoyo Mike-tikus,
Go every i3forum also twist and turn and slander people.
No wonder klee call you little boy and Philip told you off boy go somewhere else loitering.

Repost
Mike-tikus & Felix still in denial mode that it is their doing that brought about the flooding of i3forum with gibberish, hatred, misinformation, falsehood, cursing, trolling, provocation, insulting, name-calling and worst of all cyber sexual harassment.

Posted by Sslee > 1 month ago | Report Abuse

And also go every i3forum to promote jaks

Posted by jjohnchew > 1 month ago |

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Posted by Beta Ipoh > 1 month ago | Report Abuse

https://www.jordannews.jo/Section-109/News/Arbitration-Panel-Dismisses-Case-on-Exorbitant-Pricing-in-NEPCO-APCO-Agreement-36843
johnchew see the link，result is good for APCO。You need to update information don use the old news。

Posted by jjohnchew > 1 month ago |

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Posted by jjohnchew > 1 month ago | Report Abuse

Hoho see my earlier key points is related to the August 2024 linked article.

Posted by jjohnchew > 1 month ago |

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Posted by jjohnchew > 1 month ago | Report Abuse

Hoho no worries la , promoter the dragon will show his tail later ?

Posted by jjohnchew > 1 month ago |

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Posted by jjohnchew > 1 month ago | Report Abuse

Hoho this post also related to August 2024 link article:

—-

Posted by jjohnchew > 43 minutes ago | Report Abuse

Hoho further key point :

This outcome ensures that NEPCO will not bear additional burdens due to the case's dismissal and will not assume any new responsibilities beyond those outlined in the original project agreements established in 2016. The execution of these agreements will continue in compliance with applicable Jordanian legislation.

>> Recalled Zelan won the international arbitration trial … but Middle East local legislation is a bit protective!!!

Posted by jjohnchew > 1 month ago |

Post removed.Why?

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho btw yr idol Callvin is MIA in TSH 2 weeks oredi …

Posted by Sslee > 1 month ago | Report Abuse

Aiyoyo small boy Mike-tikus act big by name-dropping and claim he won just to seek attention and syiok sendiri.

In reality he trapped himself high in Jaks for more than a year now and I doubt he has 100K to invest in stock.

Most likely he is just a poor nothing better to do loner who love DIY. LOL

Posted by jjohnchew > 1 month ago |

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Posted by jjohnchew > 1 month ago | Report Abuse

Hoho oh even told lies on his 1st n Only Win on Insas WC RM 250,000 since investing from 2016 to 2023 .🤣3

Oh he is so jealous until told lies on his Win RM 180,000 on MMC which he thanks me highlighted in Insas .🤣4

I had CutWin on Zelan n MMC ( Zelan mother ) on 2021 during MMC privatisation.

Posted by jjohnchew > 1 month ago |

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Posted by Sslee > 1 month ago | Report Abuse

So now ytlpower forum will be fulled with Mike-tikus gibberish.😬🤮🥶

Posted by jjohnchew > 1 month ago |

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Posted by Balian de Ibelin > 1 month ago | Report Abuse

Yes
and Mike🐀 is the one who with criminal intent being mens rea.
1) Falsified YTLPower gearing ratio by deliberately using fraudulent formula to calculate.
2) Fraudulently reported Nvidia as having 90% market share when actual US SEC figures is ONLY 50:50 ratio with AMD

Those who lost money in millions trading YTLPower has a 100% win chance if sue this mike🐀

Posted by jjohnchew > 1 month ago |

Post removed.Why?