Johnchew5

Johnchew5 | Joined since 2019-08-18

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2023-10-01 19:36 | 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





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 👍






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

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2023-10-01 19:34 |

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2023-10-01 12:04 | Report Abuse

Hoho Points to Be Noted :


1.) Keep Selling Profitable Business


2.) Repeatedly issued RI to pay Bridging Loans .


3.) After RI is issued on 2021 , Staff Expenses is increased more than RM 20 million on 2021 compared to 2020 …


4.) A) High yearly employee salaries expenses :

👉 👉 RM 27.67 Million per Year … BOD remunerations = RM 4.8 million

Total = RM 32.47 Million per year .🤩



B ) Other Operating Expenses = RM 25,842,000 / Quarter



Insaf Signal to be Gone Case …….

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