BLee,

I have talked enough here . I actually do not intennt to talk anymore here . But I hate misleading an irrelevant information that confuse the readers here

We are talking on different topics

You are talking the environmental friendly power generation and the present global trend to go green

But

I am talking about the BOT contract that guaranteed Jaks profit even it is ordered to shut down.

So whether you are working 40 years or 60dealing with EE is irrelevant to the BOT contract I am talking about

I have gone back to my own group .
Bye...
Good lucks

Firehawk,

You are my best friend
Many do not have the wisdom to understand what I am talking about except you
They believe the ever changing price movement is more important than the intrinsic value of a stock
They never believe planting a durian seed today can make them rich 7 years later

I am here not to educate anyone
But to put my knowledge to a test by many sifu here

So far no one has proven my knowledge wrong or has risen a slightest doubt that my belief can be wrong
The most interesting are those funny sarcastic remarks and meaningless words that I do not know whether to laugh or cry

.I challenge the knowledgeable here to share with me the knowledge that I might had missed in my own group
But I got all the theory of nuclear fusion , transformation of energy,opportunities cost that I do not know what they are talking about .

But One out of the many thousands here. You are the only one who believe I am not here to promote the buy or sell but to share the best I know about jaks.

Thank you firehawk
Because of your kind words, I feel my time here is not wasted .

prince11 like i told before.
jaks drop because of reaction on court case.
huge damage

You are very pandai .

But you did not tell us to buy or sell when it is 82 cents
My sifu asked us to protect our profit when we had achieved the almost 200% gain .

Thank you Calvin

You are very kind

Don't worry about me

I am stronger than you think

Jesus is my light and strength

Short term Malaysian Market is dead water

Pak tua the trade swinging King in bursa also said , it is susah cari makan now a day .

Listen to Aseng advice

Do a lot of talking here

Anything that we do not what we are talking about, may it be nuclear fusion, energy transformation , growing earth bigger or opportunity cost

Happy Happy one more day

2 years very fast to past one .

Yes?

Dont behave a loser mentality.
We are going to buy or sell
why bother what os happening .
Follow Aseng advice
Do nothing
Let the operators shok sendiri
come back 2 years later to see what happening if the earth has grown bigger.

Sslee Dear Aseng,
We can transform mass into pure energy, such as through nuclear fission, nuclear fusion, or matter-antimatter annihilation. We can create particles (and antiparticles) out of nothing more than pure energy.


Dear Sslee,

This is something new to me
Sound unbelievable to me
But it is from the mouth of my good friend
I choose to believe

In this case of particle can be created from nothing , then can earth can be grown bigger and bigger , am I right to say so ? .

I

Dear Sslee,

That is call conservation of energy

Energy can not be created nor destroyed

If someone here told you input 7 gigawatt to produce a n output of 10 gigawatt. Then that person must be tua-pek-gong.


So simple

Why you people want to make it that complicated?

Sting 97,

Thank you very much for your kindness

I understand the market maker you are talking about because I am also a frequent player of HKEX call put bull bear options where one day more than 50% is not uncommon .short term play , Malaysia is a dead market . Hard to earn a living other than to go for long term .
Understand?

Tampon,

If anyone here can answer to your question, then he must be tua-pek-gong

After a year or 2 in Dk chat group
These few day days conversation had really astonished me. Never in my daily days , I got to deal with so many senseless conversation .

Have you seen a pasar malam comment before?
Here it is .


I3lurker //I believe thats not the real reason.
the real reason is that Jaks is considered a Virtual Company by many people

mita29,
yes , you are right . especially these few days

mind to share with us how you manage this stock ?
what the reason you buy ?
what is the reason you see ?
cut loss or cut win or never owned this stock ?
please share with us your failure experience
so that we learn from your mistake .
thank you.

why suddenly switch the topic to hydrogen energy ?

is it your pasar malam English that can not convince people

and now change your trick to rocket science ?

BLee also like to make his talk based on common sense or a cin-cai cut and paste from a google search that nobody know what you are talking about . at the end kena hentam left and right

Dear Sslee,

that is why I said you are too lazy to make sure your common sense is telling you the right thing

I told you how many times already

my exit plan

2 years or exit TP 1.5 whichever come first

what a long long time later
you are talking about ?

TryMakeGoodBuy// Aseng is an experienced investor.
Please do not rationalize with him.
He has his views and strong believes in his own world.
His buy call has been from 70 sen to 42 sen.
He maybe right after a long long time later


you are right but also wrong

when did I come here to tell you to buy at 70 cents ?
was it before the RI or after the RI ?

If you are interested in me, then you must do your homework
what you talk about me must be true and valid

you are a very irresponsible person

why ?

did I ask you to buy ?

you are not an institutional investor ,

what wonder can you create in the market

Is my English really that difficult to understand ?

did I ask you to buy Jaks ?

I am sharing what I know to the less informed and the misinformed to achieved a balanced view

Sslee Based on NOSH 3 billion and fair value of RM 1.50.
NPV of RM 4.5 billion derived from DCF for 25 years with 30 million loss per year for domestic operation for next 5 year and then after 5 year JHDP profit need to pay Vietnem corporate tax of 25%.

This is unbelievable. Anyhow we will know how JHDP financial performance from JAKS annual report 2021


reason :

1 you are not an accountant
2. you are not an expert in power plant and you
3 you are lazy to find out whether it is true or false
4. you are too busy with your complain to the SC

My good friend Sslee ,

there are many thing look unbelievable to us but it doesn't mean it is wrong .

you are the most intelligent man Aseng had met so far
if you are willing to talk less here , spend more time to know what is Jaks now and before the transformation. I believe you will be the next Mahathir in the i3 history

BLee ,

1. why you turn a deaf ear to the complains of those people living along the Mei-kong river ?

2. the agreement of Jaks and MFCB are different.
MFCB earning is seasonal when there is heavy rainfall or no rainfall but Jaks is paid to stop
work for the hydro project to work more during the rainy season

winterwolf,

you are most clever boy i had met here so far

give you a "like "

BLee//Dec 22, 2020 3:24 PM @DK, noted. That's why I put as 'profit'. 'Paper works' can get so much profit? I very much likes a fair reporting and highlighting the risk by @Jennyloh
https://klse.i3investor.com/blogs/jennylohsharing/2020-12-17-story-h15...
i) Every 3 years shutdown for major maintenance.
ii) Priority for Green Power plant to operate in preference for coal power plant.


again this is vey misleading and cin-cai said general statement

How many time I got to remind you that the profit is guaranteed by the Vietnamese government to encourage foreign investment . the maintenance or the shut down order is covered by the capacity payment that I had already shared many times here . put it in a very simple language in case you do not understand my pasar malam English
Jaks will still receive its full amount of the capacity payment even though it is ordered to stop work.
understand ?

Blee//. My question is what will happen in 25years time, the forcast profit period, when the whole world is looking at renewable energy replacing fossil fuel? JAKS has done the right step on going into renewable energy now, but it require time and new money.

this question is half true half false .

True :JAKS has done the right step on going into renewable energy now,
it is guided by the management that their choice are those that will strengthen financial position in the shortest time possible

True : but it require time and new money.
of course it requires time and money
but the time is not certainly not 10 years or 20 years or more . it is very misleading if a reasonable time frame is not specified

of course it need money . fund raising is not earning dilutive if it it worth the expenditure

False : My question is what will happen in 25years time, the forcast profit period, when the whole world is looking at renewable energy replacing fossil fuel?


THIS QUESTION LAGI MISLEADING .
Jaks profit is protected by Vietnamese government for 25 years .
the income is predictable
under such circumstances , DCF valuation is the most reliable valuation methodology to derive the NPV . Dk had done a good job for all of us , DK know very well domestic losses will drag on for a few years more . so in his calculation , he made a 5 year provision of 30M per year to cover the domestic loss from the cash flow derived from comparative valuation and come out with a fair value of RM1.50


My intention is not a buy recommendation or whatever you like to construe
I am just sharing the information I had gathered to the less informed and the misinformed here to provide a balanced view .

mita 29, what you said makes sense, power consumption is never enough for Vietnam rapid economic expansion in the foresee future even though the global trend is to go green
that is why BLee is wondering why new unfriendly power plants are still being built.
but anyhow the effort to go green is there and Jaks should be the last company in Vietnam to enjoy the most favorable terms and conditions of the BOT contract for foreign investment
very misleading for Blee to say "...JAKS feed stock coal will be obsolete in the near future with UK and many other countries banning soon, depleting and non-envronmental friendly.." . Jaks profit is protected by Vietnam government under the BOT agreement signed by both parties.
MFCB although is hydro driven but it is misleading to say it had not cause some big problems the the the people living along the mei-kong river . I hope i am not wrong to say so . please kindly correct me if I am wrong

How do you know I have no better outside stocks than you ?

Many of my good friends here said Asrng no good heart , promoting a stock that not worth the buy . Is it true ?

Hi , good morning my good friends

i3lurker dilution?

I see 4 to 5 Billion shares


So what ?
Because you have not seen a 10B shares ?

Fund raising is not equal to earning dilution .
If you are that stubborn to say it is , the IPO is the biggest dilution but shares can still shoot to the sky .

Not many here have the privilege of accessing Dk write up . From the interaction these few day I many investors here are less informed or misinformed of the company development . The recent coal price is a good example . People tends to use common sense to guess the agreement . This is a very serious mistake .

You asked s very good question , why the shares price keep going South? I believe the fear of further fund raising and lack of management guidance to the fund managers and ib analysts could one of the reason .

Phillip , You are thinking too much . Fund raising does not equate earning dilution if it is value accretive.
Number of share is also not an issue . Hongseng is a good example

Required investment returns also covered by capacity payment. Energy payment is more a less a bonus . Can be more or less. Moreover fuel cost is covered by the fixed heat rate . So, when my group member wrote to the IR to enquire the impact of rising coal price on the profit margin , the answer is no impact in fact Jay's stands to gain at a higher coal price by the calculation they shared with us. Why our group has such a privilege, because we are a substantial shares holder

There is no worry of the financial cost from this aspect

Dear Sslee ,

75% of the is actually provided by the capacity payment . That is I understood.


Capacity payment is determined to sufficiently cover the followings;

1Equity capital
2Bank borrowings
3.Loan Interest
4.Fixed maintenance costs
5.Fixed operation costs
6.Required Investment returns

Hobo22,

I can easily ignore your comment , I choose to talk to you.

Please do not talk the conclusion , I believe before the conclusion certainly you have some good point to said. If not how do you derive the conclusion . Am I right ?

Dear Phillip my good friend

Jaks is my best informed investment .
As long as I have a good reason to believe what I am doing is right , I have no demand of the type of outcome . No one can promised me a tomorrow, not DK or you. But I promise myself I must know very well what I am doing.

Nice to talk with you .
You are a gentleman I respect

Creating stories , altering the figure can only mislead the newbies but can not prove the truth wrong

Phillip,

You should apologise to the readers here because of your ignorant of the BOT contract and also the valuation done by DK.

Please show me your gentlemanship if you are a man that deserved everybody respect

Phillip This is DK valuation . Please read carefully before you mixed up with somebody else

https://klse.i3investor.com/blogs/jennylohsharing/2020-12-17-story-h1538277157-Jaks_Resources_The_Most_Reliable_Earnings_Guidance_for_JHDP.jsp

i3lurker //
https://nocoaljapan.org/vungang2_showed_negative_profitability/

coal power plants are under stress nowadays

the long term future prospects for coal power plants are all very dim


Stock: [JAKS]: JAKS RESOURCES BHD

 Oct 5, 2021 4:27 PM | Report Abuse 

i3lurkerr// I had already mentioned umpteen times that coal is passthrough.
Thats ok
I actually understand since you are chinese educated so dun speak Inglisheee

Which is your true words

One moment you said coal is passed through
Next moment you said the prospect is dim .

Where is your credibility?

300m-400m is icon8888 IRR analysis .
I had not seen any Dk report mentioned the 300-400 M . Have you ? If yes please show me .

Phillip,

I did not say 300-400 m and Dk also di not said . It is your figure. What are trying to prove

Sslee We only get 37 million per quarter of earnings instead of the previously acclaimed 300-400 million.

If I am not mistaken the tax free is only for 5 years after that need to pay tax


Dear Sslee,

300-400 is Phillip and icon8888 figure , not Dk figure .

Very misleading and irresponsible

What does Capacity Paymant cover ?
Capacity payment is the only future cash flow used by the project investors to determine the viability of their investments. Capacity payment is determined to sufficiently cover the followings;

1Equity capital
2Bank borrowings
3.Loan Interest
4.Fixed maintenance costs
5.Fixed operation costs
6.Required Investment returns

Philip ( buy what you understand) ,
The facts are jaks owes 300 million in long term debt, took a few hundred million in private placements, warrants and debt raisings to dilute shareholders of the jhdp joint venture, and in the end, we only get 37 million per quarter of earnings instead of the previously acclaimed 300-400 million calculated with multiple spreadsheets by DK66 back then.


this argument is very misleading and irresponsible
because you are not interested in Jaks .
you do not bother to spend your time to do a serious homework to verify how the BOT is signed. moreover you are not an accountant , DCF valuation and comparative value may look very is not your field of expertise .
DK is different .
He is an accountant
He is a power plant expert
He love jaks so much
he talk about Jaks when he sleep
He talk about Jaks when he eat
Jaks is the only stock in the whole bursa he likes
this is the difference ,
if not Aseng , no-one will tell you

Philip ( buy what you understand)// I seem to recall a long time ago as well the rosy predictions by icon8888 and dk irr calculations on how much return they will get from the power plant in 30% ownership of joint venture. So how accurate had it been since then


within expectation , if not, I won't waste my time here .

I do not need anybody to believe if I say I can afford the failure
because I also agree what Sslee said tomorrow is not promised
but I can promise myself
I know what I am doing and believe what I am doing is right .

Sslee // Aseng not even ALP or BOD 0r God can guarantee in 2 year time JAKS will be RM1.50. So be humble and know your limit.
06/10/2021 7:24 PM


sama-sama lah...

Neither anybody can Guarantee can guaranteed I can not achieve my goal in 2 years time .

how can a good Christian achieve the goal in life or live his days , if he has no faith and confidence in Jesus