operating profit 2021 = 30.5M (after impairment)

operating profit 2020 =( -110.3)

significant event for the year 2020 = disposal gain of RM89M

significant event for the year 2021 = power plant income RM139.3 million

just look at this yearly data . only those faint hearteds outside the group will say the overall result is hopeless . their comment is not accurate . it is based on the price movement not the detail analysis of the company performance

now, do you see the reason or courage why I dare to post my buy of 500,000 units of WC @0.17 and challenge you to see where the money flow , to my pocket or away from my pocket for the coming 2 weeks

action speak louder than word of my view of the company result


Jaks going to have another PP or RI soon?
this is a very irresponsible and misleading statement .


Raise fund for what ? isn't it already done for future expansion and 30% equity payment for the power plant ? what nonsense these talking about . do they read the balance sheet of the company . or just a copy , what the fearmonger said , they copy without missed .

Cash & Cash Equivalents at end of the period.

2021 = 78.7M (pp 15%)

2020 = 116.5M (RI)

I had looked into the operating expenses and financial cost of Jaks , the company has good enough cash for operating cash until more than 100M of dividend pouring from JHDP

impairment on goodwill 2021 =22m

impairment of receivable 2021 =24m

impairment on property 2021 = 4.8M

total impairment = 50.8m

if there is no impairment as required by the accounting principles , the bonus calculation should be

profit before tax 2021 = 30.5 +50.8 = RM81.3M

For the financial year ended 31 December 2021, the Group achieved profit before tax
of RM30.5 million,

an increase of RM140.8 million from the loss position of RM110.3 million in the previous year.
This was despite a lower revenue achieved of RM109.7 million in 2021 as compared to RM251.0 million in the previous year.

The turnaround to profitability stems mainly from the share of profit in the Vietnam
joint venture of RM139.3 million in the current year as compared to RM3.8 million
in the previous year

coupled with lower(higher) Operating & Administration expenses of
RM93.1 million, offset by the one-off gain on disposal of RM89.0 million recognised
in the previous year.

please tell me,

which company in bursa has not recorded an impairment loss ?
Q4 is always an impairment loss for jaks ,
it is just the requirement of the accounting .
if there is no impairment , then it is a bonus to the bottom line of the accounting statement
not a bonus to the cash flow
because it doesn't affect the cashflow of the company at all .
what about when there is a reversal later in the Q4 ?
then it is a bonus + a bonus

Jaks Q4 result is indeed not a good one because of the impairment loss .

but how are about the yearly result ? why nobody talking about ?

is impairment loss real money loss ?

it is not real money loss , it is just an accounting loss

moreover ,

how do you know there won't be an reversal gain later ?

my good friend ,

you are rational person , why when you come to jaks , you can be that irrational ?

what do intend to tell the public when you said "

Keep your figers crossed that dividend from JHDP is forthcoming by mid 2022 otherwise JAKS will run out of cash."

you may say , I am just telling the truth .

but how truthful is your truth?

which data support your claim that Jaks will run out of cash before the profit is distributed ?

which foreign JV investment in the power plant in Vietnam did not distribute profit ?

Jaks is a small company doing big project , nobody not know it is short of cash for expansion. does any rational mind will accept the fact that a profitable JV will not distribute its profit as soon as possible ?

are you saying ALP is not a good businessman, or you are not a good businessman ?

It is not a matter of blaming , it is to bring us to an awareness that whether it is hydro or coal fired , the livelihood of the people are affected. So the dream of Laos to export 20,000MW to neighbouring countries by 2030 could be just a dream similar to us that by the year 2020 we are a high income country.

i3lurker// Tomorrow, money will go to Laos
Laos "Battery of Asia" already signed agreement with Vietnam.


This battery dream is not easy to come true

........People of the Mekong fight for survival.........


https://www.channelnewsasia.com/cna-insider/under-shadow-chinas-mega-dams-millions-southeast-asia-face-fight-survival-2368571

Honestly , after the management guidance I am more confident I am waiting at the right path .
I am very happy today .
there is sifu who shares the same thought as me
I am not alone helping our followers to fight through the difficulties during the hard time .

Thank you Mits 29.
You indeed had done a good homework .

I3lurker,

Yes , you aright . Vietnam still need more power for its rapid economic expansion .

東施效顰

春秋越國醜女東施模仿美女西施捧心皺眉，然卻更見其醜。比喻盲目胡亂地模仿他人，結果卻適得其反。典出《莊子．天運》。

you talk about money and tomorow money will come ?
you are dreaming lah..

you talk about jaks and tomorrow jaks will shoot the sky ?
you are dreaming lah.....

you talk about your gain and tomorrow you will gain more ?
you are dreaming lah.....

you talk about market and tomorrow market will bloom ?
you are dreaming lah.....


BUT

if today you do not do anything bad , them tomorrow is certainly a good day for you


what are you to be is what you behave today !!!!!!


firehawks ,

understand ?

明白吗？

புரிந்து？

jangan undi ikut parti

undi ikut orang yang boleh selamatkan negara kita

dahulu saya amat bangga sebagai anak Malaysia

negara kita jauh lebih maju dari jiran kita

sekarang saya amat risau

kerana

pemimpin kita ashyik berpolitik

negara jiran pesat mengembangkan ekonomi

cintai bahasa kita
tapi
jagan cintai
ahli politik yang tipu rakyat

KALAU TAK BOLEH BUAT BAIK

JANGAN BUAT JAHAT

KERANA

TAK BUAT JAHAT ITU SUDAH CUKUP BAIK


understand ?

明白吗？

புரிந்து？

to make you a better man that deserved a bigger fortune .

you don't understand meh.......

end of the next year , when I achieve my target . the beauty is not the money but the process i fight through the difficulties . I doubt how many can understand what i said ? see it yourself the way i trade , it is not too difficult to see i am not too anxious to make money because i know it is not something I can ask for but if I am waiting at the right path , then it will come to me.

I am a seasoned trader HKEX options , lose money or make money is too common for me just like a cup of coffee i am enjoying now . the beauty is the process , whether it is a win or lose

whether there is shark or no shark , Jaks will make improved profit
whether there is omicron or no omicron , the power still will run
whether there is short selling or no short selling , there are people lose or gain

but

if we have an exit plan
do nothing
do not invite bad lucks
then the big money will come to you

if you believe what I said
you live every day beautiful with a beautiful dream
and this dream is built on facts and data
if you do not believe what i said
disappointment , fear and frustration are your good friends

Investment success = great company + patience

Wealth = good lucks / good karma

Outcome = you are what you behave

Share generously without fear or favour the best you know sincerely and honestly . You are on the way to success . Then there is no worry your exit plan will not make you richer

What should we do is the best ?

Success is not measured by the amount you made but measured by the number of people you had helped . We are different categories of people, there is no doubt and inevitable u may not a agree and believe

When I teach you how to make money , I never forget to teach you how you deserved the money too.

No one can predict the market correct. Not even Warren Buffet or Cold eye. Do not talk like a sifu , you will end up yourself a fool. But the basic principle of investment is always true .
WHEN THE BUSINESS IS SUCCESSFUL, YOU INVESTMENT IS SUCCESSFUL

i have no frustration because i know what i am doing

i believe what i am doing is right

i am not satisfy to make big money alone

that won't improve my good lucks or karma

i hope to help more people to make money with the knowledge i know .

so, you better do not believe what i said
quick quick sell if you are still holding the shares


sweetmosquito //kena kon by you?
20/12/2021 9:57 PM

from the way you response to my nasty comment , you are nice man to talk with

I see... you are a nice person to talk with . please go through all my comment I shared earlier . i believe it will certainly enhance your knowledge about jaks . if you have any doubts , please feel free to ask . there are still many good sifu here who are still willing to share their knowledge with us

Looiting, what made you so interested in Jaks ? Is it the information I shared?

I choose to ignore than to response to your childish provocation

That is normal . If God were to talk here ,He will be flagged too

No such necessity to call this person a crap , that person not a crap
If you are a true sifu, sincere to share the best you know , then there is no reason to behave with such a petty or chicken heart. We choose to speak here , it is expected and inevitable to face with some disagreement. .but as long as our conscience is clear , no attack can hurt us .

It is worth the torture just because you do not agree with my exit plan ?

From the way you talk, it is not difficult to see Jaks is not the choice of your investment.
If you can not tolerate what I said, then no point to come here to torture yourself.

I am telling the truth so do not need anybody to support what i said .

mitra29 has the eye to see. I may be over doing but you certainly can not accept slightest criticism .

firehawk//// @mita29 you know how he attacks others?
20/12/2021 5:23 PM

if not how are you going to contribute positively with your biased heart

you must learn to ignore if you can not accept . then your emotion can not take over the control of your response .

I also do not agree whatever Sslee said . but did you Sslee behave that childish like you ?

put down your high ego , no attack can hurt you

firehawks ,

you still got a lot to learn from mita 29

Do not hope to make a quick gain in this counter, you are most probably can not make it .
Then what should you do ?
Buy and forget
Follow Aseng exit plan strictly
The big money is yours

Now is the year end , the big boys have gone for holidays, only the retailers are here in the market. Moreover the market is bad . If there is anyone to tell you the price will hike in a few days to , then he must be crazy if he is not new to the market .

You always tell other people stories .never a story of your own . Can I call this a transformation from crap stories to cannon-behind the horse stories.

When one has no shame , there is nothing one not dare to talk

do you know what you are talking ?
you are making a fool of yourself
do you know the meaning of making a fool of oneself ?

what you did or intent to contradicts what you said

you have no better shares to buy and you are forced to wait at 0.30?



a typical good for nothing comment !!!


Posted by looiting > Dec 19, 2021 4:21 PM | Report Abuse

WA2U promoted this company. Many Platinum members are sitting in losses plus have to subscribe right issue. They still think this is a very good long term investment. Better be careful guys. I am looking at below RM 0.30 for this company

if you have no free cash ,
how do you know the beauty of "buy and forget"


if you can't afford to lose
how do you enjoy the excitement of a "kopi-O trade" to supplement the beauty of "buy and forget"


if you have a petty heart
how do you appreciate the beauty "to forgive and to ignore" speaks a loudest word


if you have inferiority complex
you won't know less nonsense you talk more credibility you gained


if you have nothing good to contribute
disparaging others is the only choice to bring some temporary comfort

very bad....

if you know it is better to keep quiet than to call other a crap , then why should you make noise to show us your frustration since nobody can help you other than yourself .

ask yourself honestly ,
can you make more money elsewhere if you do not follow Aseng exit plan?
I have not met anyone , have you ?
may be you have.
but by the time you join him , spring is over

so, stay with me
now is not the time to sell
it is not the time to sell now and buy back later
you are certainly not the chosen one to do it right
but
it is the time to do nothing
it is the time not to allow the stock price to kill you before you see the fruit
it is the time to let your patience pays you the best price you deserved .

good lucks

Not work for you ?

yes, my shining God blessed heart help no-one if not put into action.

for you information , every month I am making a small contribution to 5 OKU centre in KL and JB , nowadays they are truly short of fund to operate

how about you ?

busy calling people crap or helping people in need.



Posted by firehawk > Dec 15, 2021 4:59 PM | Report Abuse

Ha HA HA!

save your crap stories!
multiples lengthy postings not work for me!

I am certainly richer than you

it is not difficult to see

I enjoy the talk
i can afford to wait for 2 years to see my target achieved

how about you ?

you are struggling to prove yourself not the worst crap
(if not other than crap there is nothing better you can talk)
you can not even afford to wait for 1 day


is this a very difficult wisdom to understand ?


Posted by firehawk > Dec 15, 2021 4:30 PM | Report Abuse

I don;t know u rich or poor ... but i can know yr mentality through yr postings!

firehawak,


if scolding Aseng can make you feel better , then let's it do it together .
I believe my shining God blessed heart will not forbid me to do so

but

I can tell you honestly ,
it won't help
you are still a crap until you stop to behave like a crap