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32,106 comment(s). Last comment by PureBULL ... at Jan 24, 2020 1:49 AM
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DK66
2230 posts

Posted by DK66 > Dec 6, 2019 9:05 PM | Report Abuse

TST1234, Thanks for info sharing

-----------------------
TST1234 Article related to China Vinh Tan 1 Power Plant in relation to first year anniversary of commercial operation for Unit 1 & Unit 2.

http://www.cnr.cn/gd/gdkx/20191206/t20191206_524886717.shtml


TST1234
27 posts

Posted by TST1234 > Dec 6, 2019 9:10 PM | Report Abuse

Ricky Kiat, DK66
You are welcome


greatwall
447 posts

Posted by greatwall > Dec 6, 2019 9:15 PM | Report Abuse

China Vinh Tan 1 Power Plant, any connection with Jaks?


greatwall
447 posts

Posted by greatwall > Dec 6, 2019 9:28 PM | Report Abuse

thankjs


DK66
2230 posts

Posted by DK66 > Dec 6, 2019 9:46 PM | Report Abuse

Vinh Tan 1 is a testimony of the capability and reliability of china's thermal power technology.


DK66
2230 posts

Posted by DK66 > Dec 6, 2019 9:48 PM | Report Abuse

Vinh Tan 1 is constructed (not owned) by CPECC subsidiary CEEC


DK66
2230 posts

Posted by DK66 > Dec 6, 2019 9:49 PM | Report Abuse

Vinh Tan 1 is 55% owned by China Southern Power Grid


Ricky Kiat
1282 posts

Posted by Ricky Kiat > Dec 6, 2019 10:00 PM | Report Abuse

http://hlcenc.com/product/vinh-tan-1-thermal-power-plant/

Power Engineering Consulting Joint Stock Company 2 (PECC2) has been selected as the consulting firm for the big-ticket project. Guangdong Electric Power Design Institute (GEDI) and Guangdong thermal power construction firm under China Energy and Electricity Construction (CEEC) Group are the engineering-procurement-construction (EPC) contractors, which will buy boilers, turbines and generators from Dongfang Electric Corporation for the plant.


SarifahSelinder
2655 posts

Posted by SarifahSelinder > Dec 7, 2019 8:19 AM | Report Abuse

Bagus ada kes ni

Sarifah ingin ambil kesempatan ni to touch on blur sotong claim of fake EPC profit again once n for all

Blur sotong so for tis Vihn Tan 1 IPP own by China Southern Power Grid the CPE main con CEEC kan make fake EPC profit? Fake profit cuma accounting profit only?

JAKS EPC profit is fake?



Guangdong thermal power construction firm under China Energy and Electricity Construction (CEEC) Group are the engineering-procurement-construction (EPC) contractors


SarifahSelinder
2655 posts

Posted by SarifahSelinder > Dec 7, 2019 8:45 AM | Report Abuse

Extending kes ni back to Sarifah example dulu

Substitute JAKS for Guangdong thermal power construction firm under China Energy and Electricity Construction (CEEC) Group for tis EPC contract


Jadi

JAKS are the engineering-procurement-construction (EPC) contractors


So JAKS kan make fake EPC profit in tis IPP project?


SarifahSelinder
2655 posts

Posted by SarifahSelinder > Dec 7, 2019 9:00 AM | Report Abuse

load factor 95.8%...


human
96 posts

Posted by human > Dec 7, 2019 9:18 AM | Report Abuse

Those that work with foreign company either at local project or oversea project generally understand the difference between China and Western company.
I work as far as Africa continent and witness how country develop with project partner from China and Western company.

Summary China company put emphasize on short term and long term profit and social benefit for their china company, host country and project partner, seldom I heard any cheating from China company on project that is crucial to China and host country relationship.

Western company put emphasize on short term more than long term.

The difference is due to their company structure, China company mostly not listed while Western company mostly listed thus western company chase for short term profit to meet their near term reporting.

This power plant is critical for BRI thus I think CPECC will aligned their benefit with host country and their partner Jaks.

Capital commitment should not be an issue for Jaks.

The problem with Jaks is their lousy property development department, the urgency is to complete all project then exited to stop the LD.

Without the property division, Jaks current price will be much higher.

There are no perfect company to invest, the difference is what prospect of a company and the investment horizon.

If target is for short terms trade then Jaks is not the best choice.


Cnlim
161 posts

Posted by Cnlim > Dec 7, 2019 9:27 AM | Report Abuse

Talking about short terms trade no need to analyze the stock buy momentum stock either contra loss or contra gain every day there are fees stocks to punt in bursa


i3lurker
1519 posts

Posted by i3lurker > Dec 7, 2019 9:32 AM | Report Abuse

thats true but you did not quite get it

Most China companies are owned by state. Especially power companies.
It not my money, spend never mind

do you know that any complaint back to China, they will lose their jobs?
send back to China or may be posted to Mongolia next

mental => Just spend the money, its not my money, make sure no complaint back to China. I will be ok.

For other country activities, top political leaders monitor it closely.

thats why Power Plant quality from China is good and even better than Japan nowadays.

///Summary China company put emphasize on short term and long term profit and social benefit for their china company, host country and project partner, seldom I heard any cheating from China company on project that is crucial to China and host country relationship.///


SarifahSelinder
2655 posts

Posted by SarifahSelinder > Dec 7, 2019 9:43 AM | Report Abuse

JAKS Veitnam IPP quality is guaranteed

According to Andy ada sykt consultancy dari Germany appointed as independent QC to check on n ensure superb quality

QC dari GERMANY bukan main ni


SarifahSelinder
2655 posts

Posted by SarifahSelinder > Dec 7, 2019 9:48 AM | Report Abuse

Sarifah proudly berjiwa IPP unapologetic angkuh dan liar


i3lurker
1519 posts

Posted by i3lurker > Dec 7, 2019 9:48 AM | Report Abuse

agree 100%

Posted by SarifahSelinder > Dec 7, 2019 9:43 AM | Report Abuse
JAKS Veitnam IPP quality is guaranteed

According to Andy ada sykt consultancy dari Germany appointed as independent QC to check on n ensure superb quality

QC dari GERMANY bukan main ni


i3lurker
1519 posts

Posted by i3lurker > Dec 7, 2019 10:05 AM | Report Abuse

sarifah

also plant will be finished ahead of schedule by big margin, its confirmed.

China likes to do that to show other countries that they are better.

as I said ... China now holds world record for tokamak nuclear fusion at 100 seconds


Sslee
2122 posts

Posted by Sslee > Dec 7, 2019 10:06 AM | Report Abuse

Hahahaha i3lurker,
Remember the overpriced gas pipe project and East Coast Rail link?


i3lurker
1519 posts

Posted by i3lurker > Dec 7, 2019 10:10 AM | Report Abuse

no choice
you want it
I give it to you.

sslee if you want RM1,000.00 nasi lemak or sslee will burn my house.
then I will sell RM1,000.00 nasi lemak to sslee, half bowl rice, no santan, quarter egg, 2 slice cucumber, no chilli, no sambal, no ikan bilis.

I give you what you want. since you want to burn my house.



Posted by Sslee > Dec 7, 2019 10:06 AM | Report Abuse
Hahahaha i3lurker,
Remember the overpriced gas pipe project and East Coast Rail link?


i3lurker
1519 posts

Posted by i3lurker > Dec 7, 2019 10:15 AM | Report Abuse

later come out sell Jaks buy Insas

I believe Jaks dividend will be very high coz ALP wants to pay himself first, tax free woooh, who dun want?
Get salary must pay tax and also rate increased to 30% max for individual

thats why ALP sapu the shares first.

Posted by deMusangking > Dec 7, 2019 10:10 AM | Report Abuse
soon will say no dividend here! but insas 2 sen!!!

haha


Sslee
2122 posts

Posted by Sslee > Dec 7, 2019 10:23 AM | Report Abuse

Hahahaha deMusangking,
Good morning, l just try to be playful with i3lurker.


GoHaiDuongGo
85 posts

Posted by GoHaiDuongGo > Dec 7, 2019 10:48 AM | Report Abuse

http://vepg.vn/wp-content/uploads/2019/06/MOIT_Report_58_BC_BCT.pdf

Please go to page 15: BOT PROJECTS
The Ministry officials must be sleeping on the job.


i3lurker
1519 posts

Posted by i3lurker > Dec 7, 2019 10:50 AM | Report Abuse

with sslee punya luck
just the next day after sslee buys
price will drop due to property development department issues

sslee please let me know when you buy so I can short it on your behalf.
I promise to give you something from my profits
we can share shorting profits together.
I will give you a RM1.00 nasi lemak packet


GoHaiDuongGo
85 posts

Posted by GoHaiDuongGo > Dec 7, 2019 11:06 AM | Report Abuse

https://www.google.com.my/amp/s/ampe.vnexpress.net/news/news/firm-fined-for-hiring-illegal-chinese-workers-3942299.html


GoHaiDuongGo
85 posts

Posted by GoHaiDuongGo > Dec 7, 2019 11:08 AM | Report Abuse

No worry. Unit 1 COD will still be May/June 2020


GoHaiDuongGo
85 posts

Posted by GoHaiDuongGo > Dec 7, 2019 11:18 AM | Report Abuse

http://www.ntfec.org/fxbz/contents/2350/31822.html

The Chinese are meticulous in their considerations in this JV


Sslee
2122 posts

Posted by Sslee > Dec 7, 2019 11:19 AM | Report Abuse

Hahahaha i3lurker,
I think you should take some MCT to improve your memory as you keep forgeting to short Insas to 50 cents for me to collect.


VIN3133
355 posts

Posted by VIN3133 > Dec 7, 2019 2:46 PM | Report Abuse

For strong holders , set out our investment horizon for, say, 6-12 months from now .
We can expect bountiful sweet juices from Miss Jaks !!
Since we are now fully aware that Miss Jaks Vietnam PP potential is quite clear , just sit back, relax n enjoy our popcorn !!
As sifu OTB puts it, to win big in Miss Jaks , we need patience .

Happy investing !!


RainT
5266 posts

Posted by RainT > Dec 7, 2019 2:52 PM | Report Abuse

wah


stockraider
13528 posts

Posted by stockraider > Dec 7, 2019 3:25 PM |

Post removed. Why?


stockraider
13528 posts

Posted by stockraider > Dec 7, 2019 3:30 PM | Report Abuse

Better sell Jaks now b4 too late loh...!!

Pls don wait until

1 insas can convert 4 jaks loh...!!
Posted by deMusangking > Dec 7, 2019 3:27 PM | Report Abuse

soon
2 insas can buy 1 Jaks
3 insas can buy 1 Jaks
4 insas can buy 1 Jaks

haha


i3Value
507 posts

Posted by i3Value > Dec 7, 2019 4:54 PM | Report Abuse

Sell jaks also won’t buy insas lor

—————-

Posted by stockraider > Dec 7, 2019 3:30 PM | Report Abuse

Better sell Jaks now b4 too late loh...!!

Pls don wait until

1 insas can convert 4 jaks loh...!!


chkhooju
660 posts

Posted by chkhooju > Dec 7, 2019 5:04 PM | Report Abuse

Put your money in APM!


michaelwong
2288 posts

Posted by michaelwong > Dec 7, 2019 8:49 PM | Report Abuse

There's is plenty of wonderful fishes in the ocean. ....why choose insas? Hahaha !


pjseow
510 posts

Posted by pjseow > Dec 7, 2019 9:04 PM | Report Abuse

In the last few days , I went through a few articles including some from DK 66 to have a better understanding about the JV , capital funding , potential future earnings , interest expenses etc to refresh myself . Let me start with the JV on the Vietnam Power Plant. The project is US 1.868 billion which was funded by 25 % equity through US 140 million (30%) by Jaks ,another US 140 million(30 %) by CPEEC , US 189 million (40 %) by RCPS ( renewable convertable preference shares )subscribed by CPEEC and US 1.4 billion (75%)loans . Although the project is US 1.868 billion, the JV subcontrated US 454.5 million to Jaks and another US 1.06 billion to CPEEC in 30/70 proportion to the respective JV partners so that both can make money through executing the projects. Based on simple mathematics , although the JV has a total of US 1.868 billion funding , it needs only US 1.514 billion to get the project completed . There is some excess money in the JV after project completion . The US 1.4 billion loan is bridging loan and the capital injection seems to be bridging too . Jaks has paid about US 81 million with another balance US 59 million to top up to reach the US 140 million capital . Hope this help to refresh others and please comment if there is any miscalculation or wrong intepretation.


DK66
2230 posts

Posted by DK66 > Dec 8, 2019 10:23 AM | Report Abuse

Vinh Tan 1's superior 1st year operation should be a wake up call to those who still think that Jaks Hai Duong power plant will need several years to turn profitable after commissioning.

https://www.csg.cn/xwzx/2019/gsyw/201912/t20191206_306483.html

◎上网电量占越南总上网电量3.5%

◎两台机组负荷率高达95.80%,累计发电86.86亿千瓦时,年利用小时数达7238小时

◎累计售电81.94亿千瓦时

◎ 2019年项目预计年总发电量约86.5亿千瓦时


human
96 posts

Posted by human > Dec 8, 2019 11:17 AM | Report Abuse

During commissioning the power plant will recognize lower revenue due to later stage of construction works.
Once commissioning complete then construction last few milestone claim will be recognized, post commissioning complete tie in to grid will happen.
Tie in to gird electric billing start, sales of electricity began instantly with payment terms follow the BOT contract.
Jaks management has mentions that the yearly guarantee minimum power purchase is 6500hrs.

There will be no substantial duration difference between construction sales and electric sales.


VIN3133
355 posts

Posted by VIN3133 > Dec 8, 2019 1:52 PM | Report Abuse

Those who are still skeptical that Miss Jaks is a gem will miss the opp to win big in the coming months !!
From sources, i know that sifu OTB who has studied in detail DK66's FA reports has invested quite heavily on Miss Jaks .

Happy investing !!
-------------------------------------------------------------------------------------
DK66>Vinh Tan 1's superior 1st year operation should be a wake up call to those who still think that Jaks Hai Duong power plant will need several years to turn profitable after commissioning.


DK66
2230 posts

Posted by DK66 > Dec 8, 2019 3:09 PM | Report Abuse

Jaks Resources - Derivation from production data of Vinh Tan 1

https://klse.i3investor.com/blogs/Jaks%20resources/245090.jsp


JayC
1260 posts

Posted by JayC > Dec 8, 2019 3:16 PM | Report Abuse

the most important question is when is the price going to touch RM2? haha


ramada
3834 posts

Posted by ramada > Dec 8, 2019 3:30 PM | Report Abuse

Just a matter of time. Just give it a try.


DK66
2230 posts

Posted by DK66 > Dec 8, 2019 3:58 PM | Report Abuse

I have temporarily remove the article for amendment. Will post again.

Jaks Resources - Derivation from production data of Vinh Tan 1

https://klse.i3investor.com/blogs/Jaks%20resources/245090.jsp


VIN3133
355 posts

Posted by VIN3133 > Dec 8, 2019 4:46 PM | Report Abuse

DK66 already mentioned his 1st TP 2.50 !!
Patience is the key !!
---------------------------------------------------------------------
JayC> the most important question is when is the price going to touch RM2? haha
08/12/2019 3:16 PM


FullTime
1057 posts

Posted by FullTime > Dec 9, 2019 11:17 AM | Report Abuse

This forum keep saying jaks is so good n so good , but the price can’t move with huge seller keep appearing . The only thing I can explain is that someone is selling/ distributing


yoyo
236 posts

Posted by yoyo > Dec 9, 2019 11:27 AM | Report Abuse

i rate it super goreng counter


KoonYewSiong67
278 posts

Posted by KoonYewSiong67 > Dec 9, 2019 11:47 AM | Report Abuse

TP today break 1.25


KoonYewSiong67
278 posts

Posted by KoonYewSiong67 > Dec 9, 2019 11:51 AM | Report Abuse

going to 1.3


Pc Tan
240 posts

Posted by Pc Tan > Dec 9, 2019 11:59 AM | Report Abuse

sure break 1.30 today buy buy.....


hng33
16289 posts

Posted by hng33 > Dec 9, 2019 12:04 PM | Report Abuse

sold back jaks at 1.28

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