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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 9, 2019 7:08 PM | Report Abuse

Nagachan, Thanks for sharing your knowledge. May I ask how do you know the IRR for Jaks is around 15%? Is your project also in Vietnam ?
------------------------
nagachan I am involved in a similar power project of the same size like Jaks (also under construction now). Basically all PPAs in Vietnam have to have the following to be bankable. BOT contract, fuel cost (coal price) passed thru. No IPPs will take fuel risk even in Malaysia. USD fluctuations not a concern as the tariff is index to USD even though is paid in Dong. The last thing is Dong convertibility which is guaranteed by MOF of Vietnam. In essence Jaks is a profitable IPP with project IRR around 15%. The only thing to worry like in any other business is Management credibility.


probability
10746 posts

Posted by probability > Dec 9, 2019 7:31 PM | Report Abuse

stockraider, i suggest you buy JAKS - its really another HENGYUAN in the making...but the price will never retrace - as its 25 years recurring income unlike crack spread

you know me - i never say things which are not true (at least from all the available information i have)


VIN3133
355 posts

Posted by VIN3133 > Dec 9, 2019 7:48 PM | Report Abuse

True !!
The person closer to him is OTB who can recommend to him .
Hope he reads DK66's latest article !!
----------------------------------------------------------------
Posted by Probability >Dec 9, 2019 5:31 PM | Report Abuse

I no longer have any doubt on JAKS.

The most important person who should read this is Mr.Koon. He cant go wrong by investing here. In fact he should sell Dayang and buy back JAKS.


Mrinvest0r
17 posts

Posted by Mrinvest0r > Dec 9, 2019 8:05 PM | Report Abuse

Can i still enter at this price ? What is OTB & DK66 long term tp ?


probability
10746 posts

Posted by probability > Dec 9, 2019 8:22 PM | Report Abuse

please put some effort to go through DK66 articles

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

make decision based on your own judgement

seek clarification on what you dont understand

do not buy based on what others say or the TP they give


Posted by Mrinvest0r > Dec 9, 2019 8:05 PM | Report Abuse

Can i still enter at this price ? What is OTB & DK66 long term tp ?


nagachan
650 posts

Posted by nagachan > Dec 9, 2019 8:47 PM | Report Abuse

DK66 my answer to you is Yes


DK66
2230 posts

Posted by DK66 > Dec 9, 2019 8:58 PM | Report Abuse

Thanks for the affirmation

----------------
nagachan DK66 my answer to you is Yes
09/12/2019 8:47 PM


DK66
2230 posts

Posted by DK66 > Dec 9, 2019 9:09 PM | Report Abuse

Nagachan,

Do you have an estimate for the earnings of Jaks upon COD ?


HuatRex
2055 posts

Posted by HuatRex > Dec 9, 2019 9:18 PM | Report Abuse

Boom anytime. Over manipulated


dailyklse2010
195 posts

Posted by dailyklse2010 > Dec 9, 2019 10:18 PM | Report Abuse

Fully manipulated also better than dead fish~ sour grape XD ?


Ravi Kumar
2261 posts

Posted by Ravi Kumar > Dec 10, 2019 8:34 AM | Report Abuse

Always such positive energy. This maggots thinks he knows it all and can know when and what price people went in. LOL. Mark this maggot entry price at 95 sen.

MaggotRex: What is the secret to eternal happiness?
Others: To argue with fools.

MaggotRex: I disagree
Other: Yes, you are right

Now MaggotRex will say he is the greatest other people lost money, his mother father grandmother grandfather told him he will be the PM of Malaysia. He is the greatest cos he doesn't know when to buy and how to buy maybe no money nothing. Still waiting for Hibiscus to bloom into rose and Ekovest to buy over Plus. Yes he is super smart. Your father and mother should have used some rubbers to prevent you from being born. Then again do we need to argue with MaggotRex??? Have a lousy day while I collect more funds.

HuatRex Boom anytime. Over manipulated
09/12/2019 9:18 PM


Suntory
1492 posts

Posted by Suntory > Dec 10, 2019 8:46 AM | Report Abuse

Today gap up means confirmation of up trend wave.


KoonYewSiong67
278 posts

Posted by KoonYewSiong67 > Dec 10, 2019 9:11 AM | Report Abuse

GOOD start today!!!


dailyklse2010
195 posts

Posted by dailyklse2010 > Dec 10, 2019 9:31 AM | Report Abuse

Really Boom anytime. Over manipulated better than dead fish. haha


KoonYewSiong67
278 posts

Posted by KoonYewSiong67 > Dec 10, 2019 9:32 AM | Report Abuse

1.4 today target


nagachan
650 posts

Posted by nagachan > Dec 10, 2019 9:37 AM | Report Abuse

Everyone happy with Jaks.ha...ha..ha


godcutwin
64 posts

Posted by godcutwin > Dec 10, 2019 9:38 AM | Report Abuse

RM1.45 today?


Ravi Kumar
2261 posts

Posted by Ravi Kumar > Dec 10, 2019 9:39 AM | Report Abuse

OTB you da man


DK66
2230 posts

Posted by DK66 > Dec 10, 2019 9:40 AM | Report Abuse

More people know about Jaks' potential now


MingGoon
961 posts

Posted by MingGoon > Dec 10, 2019 9:41 AM | Report Abuse

Haha 1.37 now...
Jaks...


MingGoon
961 posts

Posted by MingGoon > Dec 10, 2019 9:42 AM | Report Abuse

Mrinvest0r Can i still enter at this price ? What is OTB & DK66 long term tp ?
09/12/2019 8:05 PM

MrinvestOr : Wait a while, there might be some price correction, throw by contra players, or people who do not have holding power...

There are also people who will take short term profit, so lets wait a while...


VIN3133
355 posts

Posted by VIN3133 > Dec 10, 2019 9:58 AM | Report Abuse

Yes, thumbs up to DK66's latest report based on facts & figures !!
While those naysayers stay on the sidelines , we all " chan mali chan " ( to quote abang Musang ) !! haha

Happy investing !!
DK66> More people know about Jaks' potential now
10/12/2019 9:40 AM


pjseow
510 posts

Posted by pjseow > Dec 10, 2019 10:36 AM | Report Abuse

We continued.to top up since two weeks ago .Now, Jaks is my.second largest portfolio after MFCB and warrant. Thanks to DK 66 for his latest article reaffirm the good value of JAKS.


i3lurker
1519 posts

Posted by i3lurker > Dec 10, 2019 10:44 AM | Report Abuse

doing Pump to Dump when the Index is red?
should have waited another day


DK66
2230 posts

Posted by DK66 > Dec 10, 2019 11:01 AM | Report Abuse

At 7238 annual utilization hours, Jaks' IRR is about 15.5% which matches information provided by Nagachan. From his statement below, I know Nagachan indeed has in-depth knowledge of BOT IPP in Vietnam. Very few will know that the tariff is actually calculated in USD but paid in Dong and eventually converted to USD again. I know this is true.

I will be grateful if Nagachan could provide more information. tq

---------------------
nagachan I am involved in a similar power project of the same size like Jaks (also under construction now). Basically all PPAs in Vietnam have to have the following to be bankable. BOT contract, fuel cost (coal price) passed thru. No IPPs will take fuel risk even in Malaysia. USD fluctuations not a concern as the tariff is index to USD even though is paid in Dong. The last thing is Dong convertibility which is guaranteed by MOF of Vietnam. In essence Jaks is a profitable IPP with project IRR around 15%. The only thing to worry like in any other business is Management credibility.


stockraider
13528 posts

Posted by stockraider > Dec 10, 2019 11:08 AM | Report Abuse

Remember a 15.5% ROI pa on paper is nothing to shout about when u r dealing with greenfield 3rd world country project loh...!!

Any change in economic impact on your investment variable will badly hurt your returns mah...!!

IN OTHER WORDS THERE ARE NOT ENOUGH MARGIN OF SAFETY...THE ONLY THINK THE PROMOTER CAN DO TO REDUCE HIS RISK IS TO "BLOW WATER" TO REDUCE OR SHARE HIS RISK LOH......!!

Posted by DK66 > Dec 10, 2019 11:01 AM | Report Abuse

At 7238 annual utilization hours, Jaks' IRR is about 15.5% which matches information provided by Nagachan. From his statement below, I know Nagachan indeed has in-depth knowledge of BOT IPP in Vietnam. Very few will know that the tariff is actually calculated in USD but paid in Dong and eventually converted to USD again. I know this is true.

I will be grateful if Nagachan could provide more information. tq

---------------------
nagachan I am involved in a similar power project of the same size like Jaks (also under construction now). Basically all PPAs in Vietnam have to have the following to be bankable. BOT contract, fuel cost (coal price) passed thru. No IPPs will take fuel risk even in Malaysia. USD fluctuations not a concern as the tariff is index to USD even though is paid in Dong. The last thing is Dong convertibility which is guaranteed by MOF of Vietnam. In essence Jaks is a profitable IPP with project IRR around 15%. The only thing to worry like in any other business is Management credibility.


DK66
2230 posts

Posted by DK66 > Dec 10, 2019 11:10 AM | Report Abuse

FYI, IRR 15.5% does not equal to ROI 15.5% but much higher

----------------------------
stockraider Remember a 15.5% ROI pa on paper is nothing to shout about when u r dealing with greenfield 3rd world country project loh...!!


stockraider
13528 posts

Posted by stockraider > Dec 10, 2019 11:12 AM | Report Abuse

??????? HE HE...HE....!!


Posted by DK66 > Dec 10, 2019 11:10 AM | Report Abuse

FYI, IRR 15.5% does not equal to ROI 15.5% but much higher

----------------------------
stockraider Remember a 15.5% ROI pa on paper is nothing to shout about when u r dealing with greenfield 3rd world country project loh...!!


DK66
2230 posts

Posted by DK66 > Dec 10, 2019 11:15 AM | Report Abuse

Considering the project is 75% financed by debt, project IRR of 15.5% can easily be more than 30% in term of ROI


DK66
2230 posts

Posted by DK66 > Dec 10, 2019 11:16 AM | Report Abuse

Those who know IRR will agree with me


probability
10746 posts

Posted by probability > Dec 10, 2019 11:21 AM | Report Abuse

DK66, thats the reason i mention that as the first point. Most people do not understand the meaning of IRR and especially for a duration of 25 years.

They miss out the duration factor and could not fathom the implications.



Posted by probability > Dec 9, 2019 11:00 PM | Report Abuse X

To appreciate JAKS, one need to do the following basic homework:
.............................................................

1) Understand what an IRR of say 10% means for 25 years with capital invested at 30 - 40% stakes of the equity ownership of the 1200 MW Power plant valued at US 1.87 Billion. Alternatively the meaning of a payback period of 8 years considering the depreciation of the plant over 25 years.

2) What Earnings does the above translate to JAKS for 25 years.

3) If the earnings is too impressive, question the economics of Vietnam government to provide such an attractive offer for BOT contract? How is it economically viable and why they do so?

4) Finally, figure out how in the first place did JAKS managed to obtain such a fantastic lucrative deal?

once you obtain the above answers, you may slowly start to appreciate JAKS. Then you can start verifying with other similar BOT contract power plant performance and earnings.

almost all the answers are available on DK66 articles below:

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

the more you research and understand, the more you will be able to appreciate the sanctity of all the above.


DK66
2230 posts

Posted by DK66 > Dec 10, 2019 11:24 AM | Report Abuse

Probability,

You are right, IRR is not widely and easily understood. Most would take it as ROI.


stockraider
13528 posts

Posted by stockraider > Dec 10, 2019 11:24 AM | Report Abuse

Knowing Jaks management, whatever borrowing already factor in, inorder to enhance the paper return of 15.5% pa loh....!!

Btw Borrowing is just like using share margin to invest mah...!!

U trade off higher risk for potential higher return loh...!!

Posted by DK66 > Dec 10, 2019 11:15 AM | Report Abuse

Considering the project is 75% financed by debt, project IRR of 15.5% can easily be more than 30% in term of ROI


KoonYewSiong67
278 posts

Posted by KoonYewSiong67 > Dec 10, 2019 12:09 PM | Report Abuse

2.30pm will be fly


MingGoon
961 posts

Posted by MingGoon > Dec 10, 2019 12:19 PM | Report Abuse

A lot of Telegram gurus call to take profit for Jaks....
Take care everyone...


Sslee
2122 posts

Posted by Sslee > Dec 10, 2019 12:27 PM | Report Abuse

Dear all,
Project cost 1,867 million.
A project IRR without any loan is Sum of the yearly cash flow (without loan repayment) for 25 year with a discount rate that will give you a present value of 1,867 million.

Equity IRR:
1,400 million project loan for 25 year with 6% interest will incur yearly repayment of 109.52 million for 25 years.
Equity: 467 million.
The Equity IRR is sum of the yearly cash flow (cash flow(without loan repayment)-109.52) for 25 year with a discount rate that will give you a present value of 467 million.

Note: The discount rate is the IRR

By rule of thumb as long as your project IRR is higher than project Loan interest then your equity IRR should be higher than Project IRR or in fact you can fully finance the project with 100% project loan. Then your Equity IRR is infinite.

The question now is you invest in JAKS today at RM 1.35 what will be your return in 1 month, 1 year, 2 years and ?? years time? Bearing in mind after 25 years the BOT cash flow for the project is zero.

Thank you


SarifahSelinder
2655 posts

Posted by SarifahSelinder > Dec 10, 2019 12:32 PM | Report Abuse

Not many companies can call Trump a friend

Tied to Vietnam JAKS one of d rare few tat can


VIN3133
355 posts

Posted by VIN3133 > Dec 10, 2019 12:54 PM | Report Abuse

U r absolutely correct !!
Let the naysayers say whatever they want !!
We invest based on Jaks's fundamentals .

Happy investing !!
------------------------------------------------------
deMusangKing>it doesnt matter!
for we are long distance travellers!!!

haha
10/12/2019 10:48 AM


Investar2862
775 posts

Posted by Investar2862 > Dec 10, 2019 1:40 PM | Report Abuse

Even the director of JAKS, Dato' Razali Merican sold 3.8 million shares at an average price of RM1.222 on 5th December did not dampens the sentiment nor stop the share from rising.

So, naysayer, save your time and breath.
The writing on the wall on the future propect of JAKS is so clear. Don't be stubborn for your own good. Better join us fast. Buy and hold JAKS shares for your own benefit.


Huat1
2325 posts

Posted by Huat1 > Dec 10, 2019 1:47 PM | Report Abuse

Yalor. When I bought JAKs at 0.76 in October, 2019, they already talk 3 talk 4 until now also like that. See how much gain from this JAKS already now at 1.33. Anyway, less men more share lor, if they are not smart enough


Huat1
2325 posts

Posted by Huat1 > Dec 10, 2019 1:49 PM | Report Abuse

The guy that I want to thank specifically is DK66 that has contributed tremendous information about JAKS in this forum. Kamsiah DK66. Will buy you dinner if have the opportunity to meet you one day.


VIN3133
355 posts

Posted by VIN3133 > Dec 10, 2019 2:01 PM | Report Abuse

Yes, fully agree . Very kamsiah to DK66 for his tireless efforts in creating awareness of Miss Jaks potential, which has also now become OTB's Miss Universe !!
We will gang up as big winners once we ve collected our bountiful harvest from Miss Jaks ( which is not too far from now !) and buy DK66 a fabulous dinner and also get to know each other as happy winners since we have not actually met .
What do others say ?
---------------------------------------------------------------------------
Huat 1>The guy that I want to thank specifically is DK66 that has contributed tremendous information about JAKS in this forum. Kamsiah DK66. Will buy you dinner if have the opportunity to meet you one day.
10/12/2019 1:49 PM


SarifahSelinder
2655 posts

Posted by SarifahSelinder > Dec 10, 2019 2:04 PM | Report Abuse

I say... go attend AGM man


SarifahSelinder
2655 posts

Posted by SarifahSelinder > Dec 10, 2019 2:07 PM | Report Abuse

DK66 can't stay back late.. cannot drink.. asked Sarifah to make cake.. so patient... so meticulous.. so good natured... can't go to Vietnam dgn urang... wat do u think?


MingGoon
961 posts

Posted by MingGoon > Dec 10, 2019 2:15 PM | Report Abuse

Investar2862 Even the director of JAKS, Dato' Razali Merican sold 3.8 million shares at an average price of RM1.222 on 5th December did not dampens the sentiment nor stop the share from rising.

Jaks Director - wonder why he sold so many of his jaks share...


i3lurker
1519 posts

Posted by i3lurker > Dec 10, 2019 2:51 PM | Report Abuse

you know why?

even though Jaks is ok

but Sodomy 3.0 not ok
if got rioting, people will need cash
entire share market goes down bringing Jaks down too.

possible BURSA 1400 if follow Hong Kong style Sodomy 3.0 riots


aikinlai
806 posts

Posted by aikinlai > Dec 10, 2019 2:54 PM | Report Abuse

Ho ho ho....the power of washing machine.....keep washing n kill the intraday bilis...


i3lurker
1519 posts

Posted by i3lurker > Dec 10, 2019 2:57 PM | Report Abuse

no lah

Director sold 3.8 million shares for RM1.22
now all panicked

aikinlai Ho ho ho....the power of washing machine.....keep washing n kill the intraday bilis...
10/12/2019 2:54 PM


VIN3133
355 posts

Posted by VIN3133 > Dec 10, 2019 3:03 PM | Report Abuse

Maybe this director is in financial need at this moment , so he needs to sell some .
The major shareholder , ALP , not selling . So, nothing to worry .

--------------------------------------------------------------------------------
MingGoon>Investar2862 Even the director of JAKS, Dato' Razali Merican sold 3.8 million shares at an average price of RM1.222 on 5th December did not dampens the sentiment nor stop the share from rising.

Jaks Director - wonder why he sold so many of his jaks share...
10/12/2019 2:15 PM


VIN3133
355 posts

Posted by VIN3133 > Dec 10, 2019 3:05 PM | Report Abuse

Boilh juga !! Haha !!
----------------------------------------------------------------
Sarifah>DK66 can't stay back late.. cannot drink.. asked Sarifah to make cake.. so patient... so meticulous.. so good natured... can't go to Vietnam dgn urang... wat do u think?
10/12/2019 2:07 PM

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