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2023-08-23 04:17 | Report Abuse
Hoho will it be Similar to Jaks ? Price is oredi Bottoming …
With current 3 Good News : LSS4 Project COD , ZC company MOU on Italy RE Solar Project , Corporate Green Power Programme (CGPP) project awarded … and Coming QR is just ard the corner …
2023-08-23 04:07 | Report Abuse
Hoho Lessons learned from TG that even Red Sea Captain TutTut had to sell Buttokk instead of MSK when price is dropped below RM 3.80 , ( TutTut own post ) . Why there is a Up Swing when TG announced re-apply for HK Listing and Shl plan to allocate Rm 2.4 Billion for SBB after utilised RM 1.40 Billion on SBB .
2023-08-23 03:59 | Report Abuse
Correction :
1) Why Insas issued 2 times RI to pay Bridging Lons , as the company is a Cash Rich company?? Given over RM 20 million as staff expenses on 2021 before M&A back door listing ?
2023-08-23 03:57 | Report Abuse
Hoho why study insider behaviours is a additional tool :
1) Why Insas issued 2 times RI to pay Bridging Lons , as the company is a Cash Rich company?? Given over RM 20 people million as staff expenses on 2021 before M&A back door listing ?
2) Jkgland : Casio King had done GPA uptrend cycle on 2020 ( Stncws aka Future Gain , are you Trapped or Gain ? ) , Jkgland 7 years itching tak jadi on 2021 even on The Era Phase 1 completion n handover .
3.) PA : do study on the Insiders share holding !! and Warrant holding before expired date Dec 2022 . The current Executive Chairman Tan Sri Chan is bring in as Non Executive Chairman on 2021 with above 10 % shares, Redesignation to Executive Chairman on 30/6/2023 with ard 8 % shares due to Warrants EX . Insiders are benefited from RI n Warrants EX conversion.( refer to my earlier posts ) .
4.) Jaks ? Refer to my earlier posts . So far Insiders did not benefit from RI n Warrants. With issues of LTIP shares , going soon to reap max returns..
2023-08-22 19:55 | Report Abuse
Hoho how is the process Insaf rewarded staffs with more than RM 20 million on 2021 ?
Netx is subsidised on the issued ESOS , Insas ???
2023-08-22 19:40 | Report Abuse
Jaks
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 .
—
>> 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.
2023-08-22 19:36 | Report Abuse
Jaks
Referred to FY23 , 1 QR ended March 2023 :
a) Financial assets
Trade n other receivables 337,839,000
Cash and bank balances 24,102,000
Deposits placed with Banks. 41,630,000
total = 403,571,000
b) Financial liabilities
Loans and borrowings 511,117,000
Trade and other payables 477,080,000
Lease liabilities —
total = 988,197,000
a) - b ) = ( 584,626,000 )
—-
Share Capital : 1,074,143,000
Reserves . : 26,200,000
> Accumulated Profit : 324,951,000 ( Audited as on December 2022 is RM 310,874 ,000 )
Non controlling interests : ( 61,658,000 )
Total equity : RM 1,363,636,000
—
Gearing Ratio : 37.5 % ( 0.375 X )
Financial Cost : ( RM 5,723,000 ) / quarter
—-
Hoho hope the Financial Cost rate is not increasing :
illustration:
(5,723,000 ) X 4 / 511,117,000 = 4.48 %
—
Other Operating, Administrative Expenses :
( RM 14,875,000 ) / quarter
——
Cash Flow from Operating Activities :
( RM 894,000 )
Purchase of PPE and Right of Use :
( RM 31,082,000 ) in LSS4 Solar Project
>> Increased in Non Current Assets .
2023-08-22 19:33 | Report Abuse
Jaks
Refer QR ended March 2023 :
Non Current Assets :
PPE. 273,041,000
Investment Properties 594,321,000
Investment in Joint Venture. 829,105,000
2023-08-22 18:11 | Report Abuse
Jaks
Hoho let’s recap future events that may affect the Price :
1) PRN of 6 states on 12/8
👉 😅 : No Tsunami
2) QR by ard end August . : Good or Bad ??
👉 🙏🙏🙏💪
3.) August to September 23 : Solar LSS4 Project commissioning .
👉 COD ( commercial operations date ) on 21/8/2023
3.A) This year on 7/8/2023 :
On Monday, the Energy Commission (EC) announced that a total 563.42MW under the CGPP were awarded to 22 solar power producers.
👉
Type Announcement
Subject OTHERS
Description JAKS RESOURCES BERHAD ("JAKS" OR "the Company") Press Release titled JAKS Resources Spearhead Consortium Under CGPP
With reference to the above, the Company is pleased to enclose the press release in conjunction with the successful bid for a 29.99MW solar photovoltaic project under the Corporate Green Power Program by JAKS Solar Power Sdn Bhd, a wholly owned subsidiary of JAKS, together with its consortium partners, Ann Joo Green Energy Sdn. Bhd. and Fabulous Sunview Sdn. Bhd.
This announcement is dated 9 August 2023
4) October 23 : dateline on Zero Carbon Energy company MOU signed on a Europe Country Solar Project. Will it be success ???
4a) October 23 : Budget Day
5) Jan to Feb 2024 : will Jaks be successful increase Vietnam JV holding from 30 % to 40 % ??
2023-08-22 17:52 | Report Abuse
Remember Do 3 Own : Own Homework, Own Analysis n Own DecisionS as only you know your Risk level .
DecisionS: is changed Upon new information, new facts n figures.
2023-08-22 17:33 | Report Abuse
Hoho let’s recap future events that may affect the Price :
1) PRN of 6 states on 12/8
👉 😅 : No Tsunami
2) QR by ard end August . : Good or Bad ??
👉 🙏🙏🙏💪
3.) August to September 23 : Solar LSS4 Project commissioning .
👉 COD ( commercial operations date ) on 21/8/2023
4) October 23 : dateline on Zero Carbon Energy company MOU signed on a Europe Country Solar Project. Will it be success ???
4a) October 23 : Budget Day
5) Jan to Feb 2024 : will Jaks be successful increase Vietnam JV holding from 30 % to 40 % ??
2023-08-22 17:28 | Report Abuse
Average Volume (3M) 10,027,600
Relative Volume 3.2
2023-08-22 17:25 | Report Abuse
Hoho Syndicate have additional 10 million share distributions left right today ..
Let’s see piling at foundation no 0.209 will take how long ? This week got Fish MA200 swimming or not ???
2023-08-22 14:56 | Report Abuse
Hoho oh naturally as 🐍sawa no buttokk lobong , lapsap tahi keluar Dari 👄, 🤣🤣🤣…
2023-08-22 14:52 | Report Abuse
Average Volume (3M) 100,276
Relative Volume 1.9
2023-08-22 12:22 | Report Abuse
Posted by Johnchew5 > 2 hours ago | Report Abuse
Hoho 63 tahun rotten akar mah , cannot stand straight oredi mah , must be also old akua Lurkker kiccking skill …. Don’t play play lo later Lurkker said COD le
2023-08-22 11:46 | Report Abuse
Hoho wow ikan besar 0.215 Ada berenang sekejap …
2023-08-22 11:39 | Report Abuse
Hoho Good healthy distribution at Volume ard 8 million to 12 million … Piling back at foundation no 0.206 …
2023-08-22 11:02 | Report Abuse
Hoho ok 1 st Piling at foundation no 0.206 ….
2023-08-22 10:50 | Report Abuse
Hoho why US did not ban First Solar “ Malaysia “ , only on Forced Labour!!!
2023-08-22 10:44 | Report Abuse
(b) In the event the Parties are unable to sign the Definitive Project Investment Agreement within the Cooperation Period, ZC Energy may choose to proceed with the project implementation on its own and JAKS Power shall have the option to invest in the project at a later stage.
2023-08-22 10:02 | Report Abuse
Hoho 63 tahun rotten akar mah , cannot stand straight oredi mah , must be also old akua Lurkker kiccking skill …. Don’t play play lo later Lurkker said COD le ….
2023-08-22 09:54 | Report Abuse
3. SALIENT TERMS OF THE MOU
(i) Under the terms of the MOU, the Parties have agreed on the following approach:
(a) ZC Energy shall grant an exclusivity period of 3 months from the date of the MOU or any mutually extended period (the “Cooperation Period”) for JAKS Power to conduct its due diligence and for the Parties to sign the definitive agreements which shall stipulate the roles, project investment price, construction period, and other specific details (“Definitive Project Investment Agreement”); and
1
(b) In the event the Parties are unable to sign the Definitive Project Investment Agreement within the Cooperation Period, ZC Energy may choose to proceed with the project implementation on its own and JAKS Power shall have the option to invest in the project at a later stage.
2023-08-22 09:54 | Report Abuse
ZC Energy is owned by two Chinese nationals, namely Mr. Ji Jian and Mr. Wang Xue Jun, each holding 50% of the shares and the Managing Director is Mr. Ji Jian. It is a company specifically established for Italian projects and is the project sponsor of the current project in Tuscany. Mr. Wang Xue Jun also owns BaySolar AG and Bay Energy Group which has previously developed similar solar projects in Europe ranging from 7.4MW to 163MW.
2023-08-22 09:53 | Report Abuse
JAKS RESOURCES BERHAD (“JRB” OR THE “COMPANY”)
MEMORANDUM OF UNDERSTANDING ENTERED INTO BETWEEN JAKS POWER SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF JRB, AND ZERO CARBON ENERGY EUROPE GMBH
1. INTRODUCTION
The Board of Directors of JRB (“Board”) is pleased to announce that JAKS Power Sdn Bhd (“JAKS Power”), a wholly-owned subsidiary of JRB, had on 25 July 2023, entered into a memorandum of understanding with Zero Carbon Energy Europe GmbH. (the “ZC Energy”), a company incorporated in Germany and having its principal office at Hans-Weigel Str. 18a, 04319 Leipzig, Germany (“MOU”).
The MOU shall be non-binding on both parties and is intended to be an outline of the basic principles of the cooperation between the parties and to provide guidelines for the conduct of further negotiations between the parties as to the cooperation content.
JAKS Power has intention to participate and will engage in comprehensive cooperation with the project sponsor, ZC Energy on a solar photovoltaic project with an installed capacity of 63.3MW, located around Grosseto and Firenzuola in Tuscany, Italy (“Project”).
2023-08-22 09:37 | Report Abuse
Hoho let’s recap future events that may affect the Price :
1) PRN of 6 states on 12/8
👉 😅 : No Tsunami
2) QR by ard end August . : Good or Bad ??
👉
3.) August to September 23 : Solar LSS4 Project commissioning .
👉 COD ( commercial operations date ) on 21/8/2023
4) October 23 : dateline on Zero Carbon Energy company MOU signed on a Europe Country Solar Project. Will it be success ???
4a) October 23 : Budget Day
5) Jan to Feb 2024 : will Jaks be successful increase Vietnam JV holding from 30 % to 40 % ??
2023-08-22 09:20 | Report Abuse
Hoho oh naturally as 🐍sawa no buttokk lobong , lapsap tahi keluar Dari 👄, 🤣🤣🤣…
Stock: [INSAS]: INSAS BHD
2023-08-23 07:42 |
Post removed.Why?