Bursa Malaysia (KLSE) Stock Investment Portal

Hoho shortish are accumulating :

Top Glove

Total Net Short Positions :

6/10 : 23,158,634 0.28 %

9/10 : 23,315,634 0.28 %

10/10 : 23,804,534 0.29 %

11/10 : 24,623,934 0.33 %

Stock

Stock: [JAKS]: JAKS RESOURCES BERHAD

2023-10-12 09:50 |

Post removed.Why?

Stock

Stock: [JAKS]: JAKS RESOURCES BERHAD

2023-10-12 09:47 |

Post removed.Why?

Stock

Stock: [JAKS]: JAKS RESOURCES BERHAD

2023-10-12 09:38 |

Post removed.Why?

Stock

Stock: [JAKS]: JAKS RESOURCES BERHAD

2023-10-12 09:35 |

Post removed.Why?

Stock

Stock: [JAKS]: JAKS RESOURCES BERHAD

2023-10-12 09:24 | Report Abuse

Jaks non current asset

Refer QR ended March 2023 :

Non Current Assets :

PPE. 273,041,000

Investment Properties 594,321,000

Investment in Joint Venture. 829,105,000

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Refer QR ended June 2023 :

Non Current Assets :

PPE. 278,626,000

Investment Properties 590,929,000

Investment in Joint Venture. 861,417,000

===

Note : Compared 2QR to 1QR >>

A) PPE : increased RM 5,585,000 👍

B) Investment Properties : Decreased RM 3,392,000 👍

C) Investment in Joint Venture. : Increased RM 32,312,000 👍

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Hoho Jaks got 2 Cash Cow Projects with Commercial Operating Date :  

 1) Vietnam Power Plant : January 2021 with 25 concession years tenure .  

 2) Local Solar LSS4 Project : August 2023 with 25 concession years tenure .

>>

1.) Vietnam Power Plant Share of Profit n Dividends :

2020 : RM 3.8 million

2021 : RM 140.7 million

2022 : RM 156.2 million , Dividend RM 70.0 million

2023 : 1QR = RM 28.326 M , 2QR = RM 32.312 M

Stock

Stock: [JAKS]: JAKS RESOURCES BERHAD

2023-10-12 09:22 | Report Abuse

Jaks share of profit

Jaks : Vietnam Power Plant Project BOT 25 years concession tenure. >>

A ) Referred to FY21 Annual Report :

The turnaround to Profitability was mainly from the share of profit in the Vietnam joint venture which amounted to RM 140.7 million in FYE2021 as compared to RM3.8 million in the previous year .

B ) Referred to FY22 Annual Report :

The increase in Profitability arose from the Higher share of Profit from the Vietnam joint venture that rose by 11 % to RM 156.2 million.

And Dividend RM 70.0 million.

C ) Referred to 1st QR ended March 2023 :

Share of Profit in Joint Venture is RM 28,326,000 compared to March 2022 RM 33,936,000.

( Note : from Key Matters Discussed, the reduced Share of Profit is due to increased interest expenses .

D) Referred to 2nd QR ended June 2023 :
Share of Profit in Joint Venture is RM 32,312,000 . Wow really a Cash Cow , 💪.

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>> JHDP has been granted the Investment Certificate by the Ministry of Planning and Investment of Vietnam on June 2011 to develop a 2 x 600 MW Coal Fired Thermal Power Plant Project in Phuc Thanh Commune, Kinh Mon District, Hai Duong Province, Vietnam ("Hai Duong BOT Thermal Power Plant"), under the form of Build-Operate-Transfer ("BOT") for 25 years.

>>> Construction of Hai Duong BOT Thermal Power Plant has commenced in the first half of 2016. Hai Duong BOT Thermal Power Plant achieved the commercial operation for its first unit on November 2020, while the commercial operation for the second unit was achieved in January 2021.

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👉 Hoho 3QR Vietnam JV share of Profit by November 23 is looking Good 👍 also .. as the High Temperature issue is Peak from April to July.. n Shortage of Industrial Power Requirements…