Just wondering will there be any right issue before power plant commission as they still lack of capital commitment up to 200m

IB never try to estimate or give a number for hai Duong power plant future earning which is a weird thing as they keep repeating 120USD incoming for MFCB but never mentioned a word for Jaks

there is no any worry about the power plant progress or profit. However, the huge selling pressure after reaching 1.4 peak which trying to press down the price do looks tricky. The reasons could be profit taking from previous Private placement holder which hold quite a huge stack of stock number at high price.

attractive valuation with theme play

huge volume breakout, tmrw should be continue uptrend momentum

Even war happened, ppl still need electricity for living purpose. With the minimum capacity payment, jaks is still able to get profit. Just wish time can be fast forward until the power plant is working!

and estimated 7.5 billion kwh output annually.

it said that the unit 2 must be 6 months after the unit 1 COD, So approximately november Unit 2 can only achieve COD, while 2021 Q1 will only have the full quarter result of Both units operate.

Is capital contribution must be provided before Power plant COD?

So the payback period should be payback the whole project cost not paying back only the construction cost

The construction profit is also part of the project cost

Hi CT, can i know why you use 5.9 billion to calculate as payback cost? Because normally we should be using 7.9 billion as project cost.

Hi hng33, do you have any idea about the LAD expenses of next announce result? Because this quarter the pacific star project is completed, so logically the LAD expenses will reduce

If unit 1 COD is may, unit 2 COD will be around september. The results of both unit COD will be Sep to Dec 2020, which quarter result will only be significant on feb 2021.

Thank you for your contribution as you really wrote many great articles with full of facts and figure. Much salute to your hard work done. Very looking forward for the next stock you will be writing with such details facts.

Hi Dear DK66, in your opinion, Vinh Tan 1 and Mong duong II which one have the highest similarity with jaks hai duong powerplant in term of profit projection?

https://app.sinchew.com.my/amucsite//pad/index.html#/detail/1768693/2002

It stated the management guidance of power plant is more than 100m operating profit per year which is halve of the ALP estimated profit (RM200m) said by dear Mr. OTB.

Maybe that's one of the possible reason why Jaks valuation by investment bank currently is near 1000m market capital based on PE x 10.

And they still able to get the house/car as collateral

Isn't it that Car and housing loan can also be serviced under salary deduction scheme as long as the income is sufficient to cover the expenses?

It is just testing SMA50 line before another hike up, be patience and just wait for it.
MFCB had test SMA50 line in beginning of year 2017 too before another jump. Hopefully same path will be followed. Washing away weak holder is good for a long uptrend run.

The latest announcement stated that the office unit and service apartment units are completed and just pending the CCC approval. I thought service apartment is the residential units? So does it means that the whole project is completed?

Rf888, the success profitability of Mong duong II and Vinh Tan 1 power plant which is the most identical BOT contracts with Jaks already indicate that they are different with normal IPP operator. Toyoink problem is they still in very very early stage of its project so it can be ignored until significant progress is met.

huge and continuous throwing also couldn't drag down the share price. Perhaps some big investors are absorbing the disposing power?

Hi Mr/Ms DK66, is there any information about the dividend distribution from Vinh Tan 1 power plant?

Is there any possibility for Rcecap to diversify their personal loan business to car loan & house loan?

Let's hope for the best for Jaks which have higher effective capacity with 360MW will overrun MFCB's power plant in share price performance.

It will be great if the cut off date is long enough until the power plant profit is materialise.

Jaks already had 2 consecutive quarters of lower profit as the PowerPlant is near completion so i expect it will have lower profit until the COD is meet. The main concern is whether the coming lower profit contribution from vietnam PP profit is able to cover the LAD expenses from the local construction so that the quarter result won't become a loss which will frightened away some investors.

for no.5, the net return of RM80-100 million is to jaks only or the joint venture?

salcon have 0.165 cash per share, extremely attractive entry price currently with the comeback of water treatment theme

another reason for the dropping of share price can be the concerning of high fuel price reduce the margin of the bus service business. BUT it shouldn't be worried as the government subsidies the bus service.

大咖是alfred chen?

The share price will further drop until the PP price after the pricing is fix?

the reasons of dropping could be due to the absence or delay of the dividends announcement. Normally it should be dividends declared around this period. Hopefully the announcement of dividends during AGM will support the share price further.