Lower tariff is referred to those 10 - 29 MW with bid tariff as Low as RM 0.14 / kWh … not those 30 -50 MW with bid tariff RM 0.18 , RM 0.19 n RM 0.20 / kWh .

——

The lower tariffs in LSS4 made the market highly competitive, leading many smaller companies to face losses due to penalties.

“In LSS5, we expect more reasonable tenders from players who have learned from these challenges,” he added.

Hoho KonLee see Solarvest comment on LSS4 n LSS5 :


Solarvest has been actively involved in LSS projects since the launch of LSS1 in 2017. In the last financial year, we completed all 11 LSS4 projects, totalling 208 MWp.

“Of these, three projects with a combined capacity of 67.3 MWp have been added to our asset portfolio, generating RM24 million in annual revenue,” he told The Malaysian Reserve (TMR).

Chong said Solarvest’s successful completion of LSS4 solar farms on time has bolstered confidence in undertaking more projects in LSS5.

Building on this success, Solarvest aims to secure significant opportunities to further expand its asset ownership.

With a proven track record of over 1,200MW across various solar projects, the company is strategically positioned to compete for larger-scale projects, including the 500MW initiatives.

He also noted the company’s experience in LSS4 has strengthened Solarvest’s approach to LSS5.

“The lower tariffs in LSS4 made the market highly competitive, leading many smaller companies to face losses due to penalties.

“In LSS5, we expect more reasonable tenders from players who have learned from these challenges,” he added.

Hoho Income and Pang7 practise FIFO … had record of U Turn in half a day !🤣

Hoho don’t play play with Admin … KonLee gang : konpetHuang n 🐍sawa .

Hoho KonLee still twisting n diverting on Jtiasa Replanting schedule ( with his Kon maths extraction) :

2.) Jtiasa FFB Production Output :

> 2002 started replanting:

July-Sept: FFB MT

2019: 425,801 

2020: 326,209 ( - 23.4 % vs 2019 )
2021: 195,447 ( - 54 % vs 2019 )

2022: 263,948 ( - 38 % vs 2019 )

July 2023 : 110,269
August 2023 : 120,313
Sept 2023 : 129,158

Total = 359,740 ( - 15.5 % vs 2019)


> July 2024 : 101,601
August 2024 : 123,613
Sept 2024 : 118,183

Total = 343,397 ( - 19.4 % vs 2019 )



> Compared 2024 July- September to 2023 is reduced by - 4.54 %


👉 Question : Peak Production Season is May to November, why FFB production output is reduced n Fluctuating so High .

Hoho KonLee still not reply on Jtiasa :

1.) Why Subur Tiasa and Rsawit ( under same RH group with Jtiasa ) are loss making in Timber and Plantation business?
Subur Tiasa even diversified business into pipe manufacturing n auto sector since May 2023 .😱

Hoho I am just in time to see this :

Banned is permanently.

Suspended is Jailed..

👍

—-


Antifanaticsracism
Antifanaticsracism | Joined since 2024-10-23

This account has been banned for violating the Terms and Conditions of Use or Community Standards of this portal.

Hoho repost partially so the Tikuss eyes can see :🤣

2022 : RM 156.2 million , Dividend RM 70.0 million 




2023 : 1QR = RM 28.326 M , 2QR = RM 32.312 M , 3QR = RM 35.862 M , 4QR = RM 34.503 M plus Dividend RM 27.386 M 



2023 : RM 131 million , Dividend RM 27.385 million 




Total Share of Profit = RM 431.703 Million



Total Dividend = RM 97.386 Million 



Total = RM 529.089 Million 



> Share of Profit in QR ended March 2024 = 
RM 32.384 million 



>> Total = RM 561.463 million 




> Share of Profit in QR ended June 2024 = Rm 21.33 million 

 , Dividend = RM 14.21 million



👉Grand Total = RM 597 million.👍

Hoho Repost :


Hoho interesting lo , MIDF Research an article on LSS4 with cost RM 2.0 million to RM 2.5 million per 1 MW .. with tender tariff as low as RM 0.14 per kWh .

But it’s research stress on Solar Panel with efficiency 16.7 factor .

Jaks is with cost RM 4.0 million per 1 MW ..

Update relevant info :

The LSS4 programme saw 30 winning bidders in total, comprising 10 projects of 50mw each, and 20 projects of between 10mw and 29.99mw. According to the EC website, only 11% out of the 823mw ( those winners announced on August 2023 ) , awarded has been completed as at 4Q2023.

An industry source says a number of companies had dropped out from the LSS4 programme, while many have missed the end-2023 COD.

👉No wander LSS5 2000 MW tender RFP dateline is brought forward to 25/7/2024 from December 2024 . And Shl be Less competitive !!!

>>>

👉👉👉(TNB) was raised to 21.8 sen per kilowatt hour (kwh) effective August 2023 .

Meanwhile, the system’s marginal price under the New Enhanced Dispatch Arrangement (Neda) wholesale market is averaging about 25 sen per kwh as at June 2023, which is “a decently large premium to LSS4 winning bids of 18 to 20 sen per /kwh for 30-50MW packages,” .

Hoho as usual KonLee n KonPetHuang recycle n twisting on my facts n figures…

Hoho just KonLee KonPetHuang using similar id to post abusive n unethical content!

Hoho as said earlier Johnchew123 is not me … that’s why I use Haha n Hoho…


—

Posted by Antifanaticsracism > 1 minute ago | Report Abuse

@Johnchew123..if you do not want to be INSULTED with GOOD WORDS go and attack SIFU and MACAIS in YTLP forum

Hoho TNB oredi announced the mulling charges on TPA ( Third Party Access ) for consistent n non consistent supply using its Power Grid on August 2024 … CRESS is effective from September 2024 …

Those RE generators supply will be looking into BESS ( Battery Energy Storage System ) .

Hoho what income posted is served as a Record!🤣

Hoho interesting lo , MIDF Research an article on LSS4 with cost RM 2.0 million to RM 2.5 million per 1 MW .. with tender tariff as low as RM 0.14 per kWh .

But it’s research stress on Solar Panel with efficiency 16.7 factor .

Jaks is with cost RM 4.0 million per 1 MW ..

Update relevant info :

The LSS4 programme saw 30 winning bidders in total, comprising 10 projects of 50mw each, and 20 projects of between 10mw and 29.99mw. According to the EC website, only 11% out of the 823mw ( those winners announced on August 2023 ) , awarded has been completed as at 4Q2023.

An industry source says a number of companies had dropped out from the LSS4 programme, while many have missed the end-2023 COD.

👉No wander LSS5 2000 MW tender RFP dateline is brought forward to 25/7/2024 from December 2024 . And Shl be Less competitive !!!

Hoho as usual recycled my facts n figures:

> 👉👉👉(TNB) was raised to 21.8 sen per kilowatt hour (kwh) effective August 2023 .

Meanwhile, the system’s marginal price under the New Enhanced Dispatch Arrangement (Neda) wholesale market is averaging about 25 sen per kwh as at June 2023, which is “a decently large premium to LSS4 winning bids of 18 to 20 sen per /kwh for 30-50MW packages,” .


Illustration with TNB 21.8 sen per kWh .

Bids 18 Sen per kWh : Profit 21.11 %

Bids 19 Sen per kWh : Profit 14.74 %

Bid 20 Sen per kWh : Profit 9.0 %


—-


Posted by Sslee > 3 minutes ago | Report Abuse

Aiyoyo Mike-tikus did not know the LSS4 IRR is a poor single digit?
And coming quarter due to raining day will Jaks LSS4 50MW report a lose making quarter?

Hoho recap on Jaks loans n borrowings:

a.) Evolve Mall : loan balance RM 206.4 million… net book value as at December 2023 is RM 280 million.

b.) Pacific Towers : loan balance RM 70.6 million… net book value for Business Hub Tower only as at December 2023 is RM 232 million.


👉 Not only on anticipating Profit Gain on Monetisation these 2 properties asset , the Loans n Borrowings shl be reduced to Zero.


👉👉👉Loans n Borrowings as at June 2024 is RM 473.4 million….after monetise these 2 properties assets with Total Net Book Value RM 512 million … Jaks Shl be a Net Cash company.


> Loans n Borrowings = RM 473.4 million

Illustration:

1.) 473.4 - 206.4 - 70.6 = RM 196.4 million ( loans on LSS4 50MW project) .

> on Vietnam Power Plant 1200MW , EPCC RM 8.7 billion:

25 % equity ( shareholding 30 % ) = RM 600 million ( fully paid in Cash , No loans ).


75% loans ( shareholding 30 % ) = RM 1.96 billion


1.96 billion loans ( excluded interest) to be repaid in 10 years , starting 2021 :

Each year repaid loan amount = 0.196 billion

2021 to 2023 , 3 years = 0.588 billion

> 1.96 billion- 0.588 billion = 1.37 billion


>> Investment in Joint Venture as on June 2024 = 0.94 billion


No wander JHDP started paying Dividend from yearly to Half year as at June 2024 .

Hoho income is the Pokkai lapsap posted wifey ran away with forumer ! Younger sibling of Pang7 !🤣

—-

Posted by Income > 9 minutes ago | Report Abuse

Tikus baiki labu?

Hoho oredi posted how many times .. see my thread posted earlier here … don’t see with yr Tikuss eyes !🤣

—//

Posted by Sslee > 13 minutes ago | Report Abuse

Aiyoyo Mike-tikus JHDP IRR 12% but why JHDP can't pay good dividend to jaks?

Can it be the JV China Partner (controlling shareholder) is like Insas Ah Thong very kiamsiap to give dividend?

Hoho further to Jaks Vietnam Power Plant IRR posted above :

Now is on LSS4 50MW Solar Project in Penang is COD on August 2023 with 25 years TNB PPA ( increased from 21 years ).


1.) QR ended September 2023 :

Revenue : 3.3 Million , Loss ( RM 1.4 Million)


2.) QR ended December 2023 :

Revenue: 4.3 Million , Loss ( 0.4 Million )


3.) QR ended March 2024 :

👉Revenue: 5.3 Million , Profit RM 0.96 Million … 18%


4.) QR ended June 2024 :

Revenue : 4.8 million, Profit RM 0.4 million.. 8.33 %


👉( Note : Loss is due to Depreciation.)

Capex = RM 200 million .

Return on monetisation of Penang land not use for Solar Farm :


sold Penang Free Hold Lands on 9/9/2024 , monetise the Lands with RM 77.74 million ( a net pro forma gain of RM50.38 million )

Hoho buy what u not understand story teller seems no facts n figures on :

1.) IRR projected on each FPSO ?

2.) ROI on FPSO Anna Nery which 1st Oil commissioned on May 2023 ?

3.) Why keep using Loans n Borrowings on SBB :

Referred to FY2024 Annual Report >

Treasury shares ( SBB ) : 157,333,000 unit ( 4.94 % , RM 369 million)


> QR ended July 2024 :

Treasury shares ( SBB ) : ? Unit ( ? % , RM 470 million )

Hoho recap buy what u not understand story teller lies today :

1.) on Harta bought at cheap price than RM 5.80 , instead at RM 6 to 7 !

2.) on Top 4 screenshot list ard March 2021 , compared only on TopGlove individual list only !

3.) On his earlier screenshot on Serba subsidiaries n thread content…compares with his Serba promotion on 2021 !

Hoho looks like he is better than story teller !!👏👍🤣

Hoho initially I am ok with him as posted against Calvin on 2020 in Netx ( only on what he said made 7 figures from his 2019 investment.. Phillip compiled his 2019 43 stocks .. recalled only 3 stocks r Profit ) but had 2nd judgement after read how he got his initial investment capital !😱

Post removed.Why?

Post removed.Why?

Hoho is just proven the case … talk only .. buy what u not understand!🤣

Professional Ethics of Auditors: The Case of Serba Dinamik
12 Aug 2021 — The recent dispute between a listed corporation, Serba Dinamik Holdings Berhad (“Serba Dinamik”) and KPMG has made waves in Malaysia as the impending legal ...

Hoho alamak even KonLee TinKosongPetHuang is pretending as the most active Negative views commentator in Serba forum !!!😱


—-


My telegram reshares
Why I bought even more SERBADK bonds and stocks

Philip ( buy what you understand)

Publish date: Tue, 15 Jun 2021, 05:56 AM

Recently I bought a lot of serba dinamik bonds and stocks.

Hoho as he talk only , no facts n figures on his promoting stock ???

Posted by CharlesT > 25 minutes ago | Report Abuse

Seriously, do u know why u are the only one to share your shares portfolio in I3 (assuming its real lah)???

Hoho be mature in Public forum …

Hoho beware lo later his team will Curi Curi did flag !!! 🤣

Hoho on Jaks facts n figures:



Jaks

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


2020 : RM 3.8 million ( 1 Power Plant is COD on Nov 2020 )


2021 : RM 140.7 million ( The 2nd Power Plant is COD on January 2021 ) .


2022 : RM 156.2 million , Dividend RM 70.0 million


2023 : 1QR = RM 28.326 M , 2QR = RM 32.312 M , 3QR = RM 35.862 M , 4QR = RM 34.503 M plus Dividend RM 27.386 M

2023 : RM 131 million , Dividend RM 27.385 million


Total Share of Profit = RM 431.703 Million

Total Dividend = RM 97.386 Million

Total = RM 529.089 Million

> Share of Profit in QR ended March 2024 =
RM 32.384 million

>> Total = RM 561.463 million


> Share of Profit in QR ended June 2024 = Rm 21.33 million

Dividend = RM 14.21 million

👉Grand Total = RM 597 million.👍


Jaks 30 % share in Vietnam Power Plant Joint Venture invested ard RM 600 Million.
( RM 400 million is from the Profit of Construction of the Vietnam Power Plant, EPC2.)

Initially PayBack 8 to 9 years ..

Referring to the Grand Total , PayBack period is by 2024 .. ie : from 2021 to 2024 ~~ 4 years ..

👉From Vietnam Power Plant 1200 MW EPCC RM 8.7 Billion started on October 2016 ,
Payback period is 8 years.


按照购电协议，电力售价将随原料价格波动。意味着业务盈利贡献获得保证。Jaks管理层曾透露内部回酬IRR介于12%，PAYBACK PERIOD为8至9年

——-

Hoho he just talk only ke .. no facts n figures…

Hoho that’s why buy what u understand flag to post remove? No facts n figures???

Hoho as I am posted earlier… what Shl be the IRR projected for each FPSO ??

Or FPSO Anna Nery ROI since 1st oil on May 2023 ?? No facts n figures???

Hoho or buy what u do not understand ???

Hoho just post on Yinson facts n figures will do … buy what u understand ?

Hoho regarding the Serba subsidiaries screenshots.. I found some variation with his threads content…he did not reply but someone replied for him .

Hoho He promoted Harta at RM 5.80 on early 2022 saying knew the cost … when a forumer asked him … he said had visited the Plant !

Hoho Charles posted FPSO Anna Nery is financed with bond USD 1.035 billion with interest 8.947 % … USD to RM is depreciated 8.93 % ( 1 year ) ..

The Question is what Shl be the Net Profit from FPSO Anna Nery Operation? Further with additional loan as Phillip posted .

Hoho yr idol Calvin said Phillip invested in Serba le , I recalled he had posted the screenshot list of Serba Subsidiaries…

Emm .. buy what u understand !

Hoho as usual KonLee konPetHuang used abusive / similar id to post abusive n unethical content threads … that’s why 3 aka id being banned permanently!🤣

——

Yinson:
Posted by Antifanacticraicm > 8 minutes ago | Report Abuse

@ Johnchew5..I am your good friend FelixCoconut aka@Antifanaticracism
Thanks for allowing me to JEE LAT your mothers ce*ebai
AND sio kan with your daughter..
Why you dare not fight with bangla
If YOU are brave go and attack sifu and macai in YTLP lah

YTLpower:
Posted by Antifanacticraicm > 13 minutes ago | Report Abuse

@ks 55...your son is wanted by police for Money laundering in MONEY GAME and you as a CBT fellow where got credibilty lah..fight and attack the sifu lah
hahahaha..read your own news lah

Hoho no worries.. KonLee KonPetHuang 3 aka id being banned permanently..

Why ah the latest aka id Mr.Huangbk being banned permanently!!🤣🤣🤣😱

Hoho Toyo is not as lucky as Jaks :


Vietnam ministry cancels coal-fired Song Hau 2 power plant, Malaysian investor explores ...
5 Jul 2024 — Vietnam's Ministry of Industry and Trade has terminated the $3 billion Song Hau 2 thermal power plant and sent a notice to Malaysia's Toyo Ink Group Berhad.

Hoho Jaks Vietnam Power Plant 1200 MW is fully ( 2 x 600 MW ) COD on January 2021 .

Hoho as posted earlier : KonLee konPetHuang as usual twisting on FCF n FCF Growth:


A) why Jaks profit from Vietnam Power Plant did not generate much FCF ( Free Cash Flow ) :



1.) Allocated in FCF Growth as Investment in Joint Venture and served as some kind of security on Loans ( although CPECC did the financing ) as Vietnam Power Plant is with BOT 25 years. ( Built- Operate- Transfer).



2.) Non current asset of Investment in Joint Venture is increased from : 

> March 2016 = 128,297,000 

TO 

> June 2024 = 943 ,960,000




3.) 1.96 billion loans ( excluded interest) to be repaid in 10 years , starting 2021 : 

Each year repaid loan amount = 0.196 billion 

2021 to 2023 , 3 years = 0.588 billion 

> 1.96 billion- 0.588 billion = 1.37 billion ( loans balance as at January 2024 ) . 

>> Investment in Joint Venture as on June 2024 = 0.94 billion 

👉Looks like the security on Loans is getting sufficient as JHDP is paying Dividend from yearly to half yearly as on June 2024 .

Hoho sometimes is not necessary to be Big Cap … small cap like Scicom Shl generate profit n dividend.. I had been monitoring during insider keep buying at range RM 0.40 n business expansion to overseas :

Current Ratio 4.37
Debt-Equity (DE) Ratio 0.37
FCF Yield 10.46 %
Revenue QoQ -18.03 %
Revenue YoY -21.63%
Profit QoQ -39.34 %
Profit YoY -50.26 %
Profit Margin (Sector Median: 2.9) 11.24 %
ROE (ROIC: 24.05) 24.05 %
Dividend Per Share (DPS) 6.5 sen
Dividend Yield (DY) 8.28 %

Hoho on Jaks moat * efficient scale ..in RE Solar :

1.) LSS4 50 MW in Penang .

2.) CGPP 30 MW Solar .

Only Shl be started showing efficient scale if successfully tender LSS5 2000 MW , EPCC RM 7.2 billion of 200 MW to 500 MW by November 2024 ..

Hoho referred to YTLpower during still meeting B.G number 2 condition is 3.81 at price ard RM 2.70 …

of coz need to be informative to study .

See Haha posts in YTLpower.