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2018-09-27 11:53 | Report Abuse
My opinion is that the result is actually not bad. I am surprised the share price softens post result
2018-09-27 11:16 | Report Abuse
Tom don't be cynical . You can't make money shorting the market in Malaysia
2018-09-27 10:19 | Report Abuse
EG rising, Tom go home and sleep lah
being cynical does not help you make money, must always try to see the better side of things
the trade war makes EG interesting.
2018-09-27 10:04 | Report Abuse
whatever the case, we can expect profit to be higher than the free cash flow associated with the IRR figures.
this is because IRR calculation incorporates the effect of loan principle repayment, which usually is a 10 year affair. P&L on the other hand, captures the depreciation charges, which stretches over 25 years
(IPP tariff is usually two tier structure. The first tier is usually 10 years, which is very high. This is to allow strong enough cash flow to pare down borrowings over lets say, first 10 years. After the debts have been cleared, tier two tariff will kick in, which is much lower than tier one as it is purely to cater for shareholders return)
2018-09-27 09:56 | Report Abuse
IRR of 12% is actually very good already
2018-09-26 16:21 | Report Abuse
why is somebody keep on selling ?
2018-09-26 14:56 | Report Abuse
sifu DK66 any other good stock to buy ?
2018-09-25 20:32 | Report Abuse
according to analyst, the billing process is S shape
so, in coming quarters, the billing will accelerate and only later on plateau
2018-09-24 16:05 | Report Abuse
don't be jealous qqq3
I praised OTB because he is good
2018-09-24 15:14 | Report Abuse
Thank you sifu OTB for the tip
I bought more because of you
Thank you thank you 1000 times
2018-09-24 15:04 | Report Abuse
fuiyoh ganasnya the buying.....
2018-09-24 15:02 | Report Abuse
Anwar becoming PM soon
Rashid hussein very buddy with him
I think can help fend off the Sabah CM
2018-09-24 14:58 | Report Abuse
can eat a lot of musang king
2018-09-24 14:56 | Report Abuse
good value for money lah...
quick quick subscribe OTB
2018-09-24 14:55 | Report Abuse
We pay OTB RM1,000 a year.
One hibiscus stock tip he gave us already can help us make back 10 times, 100 times, 1000 times... (depends how much you have bought)
2018-09-24 11:00 | Report Abuse
Maxwell RM341 mil cash
Xidelang RM722 mil cash
Xingquan RM1 billion cash
China Stationery RM1.8 billion cash
geng
2018-09-22 09:23 | Report Abuse
I attacked PLP
Desa qqq3 halite etc
2018-09-22 06:36 | Report Abuse
A lot of sochais open mouth close mouth criticise the rights
They must have read from textbook that rights is bad
It depends mah
If 500 mil market cap called for rights of 200 mil, it is bad
If the rights is only 60 mil, what is the problem ?
Some more it is Warrants that have no immediate dilutive impact
Really no brain
(But no brain is good for us as we can make money out of them)
2018-09-22 06:33 | Report Abuse
Dumb dumb hold . Wait for the rights.
2018-09-21 22:06 | Report Abuse
Desa is a bastard in sheep skin
2018-09-21 20:35 | Report Abuse
Desa is a bastard, I not keen to read his blog. You now him ?
2018-09-21 20:01 | Report Abuse
After escaping poverty, qqq3 now craves for glamour and recognition
2018-09-21 17:26 | Report Abuse
Results must be very bad, because somebody keep selling since few months ago ...
2018-09-21 17:00 | Report Abuse
You are smart. Not like those cynics
2018-09-20 20:11 | Report Abuse
Sarifah you ada wrestling dengan you punya abang kah ? Boleh kita tonton ?
Posted by SarifahSelinder > Sep 20, 2018 07:47 PM | Report Abuse
I target tiga biji 75" OLED TV best for tonton wrestling and 1 Samsung note 9 juga pergi jln jln
Tajaan Jaks
2018-09-20 19:57 | Report Abuse
Mudajaya is in India mah. We all know that India is a quagmire
if you have been following mudajaya story, you will know how they faced round and round of buauracratic delays by the Indian authorities
Vietnam is a different story mah. It does not have that kind of bizarre issues like India. So why bother to compare with mudajaya case ?
2018-09-20 19:29 | Report Abuse
Yum sing lah . Got money make just make. No need talk mudajaya talk 3 talk 4
(I am having a beer)
2018-09-20 18:19 | Report Abuse
it takes time. Treat this as investment, not punting. We know the direction it is heading, just need some patience
2018-09-20 14:56 | Report Abuse
Buy now buy now
Want to make money quick quick buy
Don't warren Buffett here warren Buffett there
2018-09-20 09:47 | Report Abuse
BTR is actually damn good. It allows Ecoworld to book in profit as it progresses , instead of only upon completion
The buyer also make progress payment , so Ecoworld does not need to fork out much. It only needs to pay for the land at initial stage
Thumb up
2018-09-20 09:18 | Report Abuse
Dividend will be paid when the accumulated losses had been offset
Not dependent on borrowing retirement
Which PLC does not have borrowings ? They still pay dividend
2018-09-20 08:58 | Report Abuse
I respect what DK66 said. It is true to a certain extent.
Anyway I never bother to go into details because based on my experience, IPP is usually very lucrative, especially in a country facing severed shortage like Vietnam
In other words, I am very comfortable with the economics of the project and is confident that jaks current market cap is not reflective of the full potential of the IPP
My criticism is directed towards people like ValueLurker who based on 12% IRR, can straight away say "return per annum is circa USD20 to 25 mil"
2018-09-20 07:50 | Report Abuse
Provided by management. You google will find
Without a proper study, no comment whether reasonable or not.
2018-09-20 07:21 | Report Abuse
Halite, I think you are confused
Nobody is questioning IRR 12%.
We are questioning those people who single handedly based on IRR 12% to derive earning, cash flow, dividend etc
In my opinion , it is impossible to do so with decent accuracy without knowing further details as mentioned above (capex, repayment, tax, etc)
2018-09-19 21:51 | Report Abuse
I don’t understand what this article trying to say
2018-09-19 21:38 | Report Abuse
Plane I will take a look at ijacob
2018-09-19 21:11 | Report Abuse
has management ever provided NPV estimate ?
========
Jon Choivo kcchongnz,
So basically using management estimated IRR and NPV is the best thing we have going on for now?
19/09/2018 19:06
2018-09-19 21:04 | Report Abuse
and ask Jon choivo what is his assumptions about capacity payment structure ? doe it exist ? what is the rate ? how many tiers ?
2018-09-19 20:48 | Report Abuse
Jon Choivo simply slaps a 7.5% interest rate on the borrowing
ask him his estimate is based on what assumptions ? what credit rating ? what tenure ?
and on what basis does he believe that the loans deserve such credit rating ?
2018-09-19 20:43 | Report Abuse
that is why when people asks me about IRR, cash flow etc, I tell them don't bother to guess, if the details are not available
I know what I am talking about because I spent a lot of my time working on power projects during my previous job
2018-09-19 20:39 | Report Abuse
IRR is derived by solving the DCF equation such that it equals zero
it involves a lot a lot of information
I don't understand how people can claim that they know the economics of the project without knowing details of the Capex pattern during construction period, and the subsequent 25 years' capacity payment, operating expenses, tax expenses, maintenance capex (if any), interest rate, loan repayment structure (tranches, tenure, etc)
for me, I would rather tell myself that I don't know, instead of simply jumping into conclusion
2018-09-19 10:12 | Report Abuse
Market should be turning bullish because the 10% tariff is announced and digested
25% won't come until next year January
So there is a window of few months to party
2018-09-19 10:04 | Report Abuse
Why so bloody complicated. Stick to fundamental lah
Stock: [POHUAT]: POH HUAT RESOURCES HOLDINGS
2018-09-27 17:22 | Report Abuse
I got enough as at now
newbie911 Icon8888, are u adding more today?
27/09/2018 15:12