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2024-03-15 11:21 | Report Abuse
Haha what a Prudent investment on November 2020 : Increased shareholding % in associate company Divfex .. then thru Divfex invested RM 40 million in a Glove company Duramitt , new factory to be operational on 1st Half 2021 …
My Top Glove TP RM 3.40 posted on 4/12/2020 , ard 2 weeks earlier than JPM TP RM 3.50 ….
2024-03-15 10:52 | Report Abuse
Haha Baidu :
Baidu Inc
HKG: 9888
OverviewCompareFinancials
100.60 HKD -14.70 (-12.75%)year to date
15 Mar, 10:35 am GMT+8 • Disclaimer
Baidu Inc
HKG: 9888
OverviewCompareFinancials
100.50 HKD −3.20 (3.09%) today
2024-03-15 10:25 | Report Abuse
Haha just like Twisting n Lying on her PMCorp cost .. posted on Nov 2013 .. then Loss until hibernated from 2014 to 2021 ….
Posted by Huangbk72 > 45 seconds ago | Report Abuse
Hahahaha Coconut trying to be smart
I hold both Baidu and Bester not more than 2 months.
2024-03-15 10:19 | Report Abuse
Haha as posted earlier during debated with Calvin in Netx on 2020 …
I had an opportunity to Visit a factory on its IR4.0 implementation…
2024-03-15 10:12 | Report Abuse
Haha once you stucked in Insaf Value Trap .. you will be stripping slowly n softly ….😅😅😅
2024-03-15 10:01 | Report Abuse
Haha Koni3lurkker aka Balian earlier debated on IR4.0 on equipment ownership on SCIB but blur blur on IR4.0 system : Software is compatible or not , can link n integrate or not …Hardware normally is ok … Equipment can be integrated or not …
Then Koni3lurkker aka Balian is silent liaw …
2024-03-15 09:55 | Report Abuse
Haha is Baidu & Iqiyi comparable with Open AI , Nvidia , TSMC …
2024-03-15 08:13 | Report Abuse
Haha LSS5 2000 MW which RFP starting from April to December 2024 ..award is scheduled by 1st Half 2025 .. each bidder can bid maximum Up to 500 MW …Project capital is estimated RM 1.8 Billion…
2024-03-15 08:08 | Report Abuse
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.
👉 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.
2024-03-15 08:08 | Report Abuse
Starting from Vietnam Power Plant Construction, Jaks is keep allocated Capital Expenditure by Quarterly , increased the Non Current Assets to strengthen the 👉👉👉Financial balance sheet ( as big projects will review capacity of the balance sheet ) , while maintaining a Minimum Current Ratio between 1.18 to 1.22 . As the 2 Cash Cow Projects is COD oredi with monthly Income for tenure 25 years .
Jaks
Investment in Joint Venture:
( & PPE )
QR ended
> March 2016 = 128,297,000
( PPE = 19,269,000 )
> March 2019 = 197,171,000
> March 2020 = 362,479,000
> March 2021 = 601,150,000
> March 2022 = 748,656,000
> March 2023 = 829,105,000
( PPE = 273,041,000 )
> September 2023 = 897,378,000
( PPE = 299,238,000 )
> December 2023 = 904,495,000
( PPE = 296,599,000 )
—-
👉
2QR ended June 2023 :
Reserves . : 24,909,000
> Accumulated Profit : 343,661,000. ( 1QR 324,951,000 ) ( Audited as on December 2022 is RM 310,874 ,000 )
Gearing Ratio : 0.362X
>> Accumulated Profit on 3QR ended September 2023 : 350,327,000
Gearing Ratio : 3QR ended September 2023 : 0.352 X
👉 >> Accumulated Profit on 4QR ended December 2023 : 348,126,009
Gearing Ratio : 4QR ended December 2023 : 0.350 X
2024-03-15 08:06 | Report Abuse
Haha Why Jaks Non Current Assets is increased from 2019 to 2023 …
2024-03-15 07:48 | 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 👍
—-
Refer 3QR ended September 2023 :
Non Current Assets :
PPE. 299,238,000
Investment Properties 587,546,000
Investment in Joint Venture. 897,378,000
—-
Jaks
Refer 4QR ended December 2023 :
Non Current Assets :
PPE. 296,599,000
Investment Properties 584,206,000
Investment in Joint Venture. 904,495,000
——
2QR ended June 2023 :
Reserves . : 24,909,000
> Accumulated Profit : 343,661,000. ( 1QR 324,951,000 ) ( Audited as on December 2022 is RM 310,874 ,000 )
Gearing Ratio : 0.362X
>> Accumulated Profit on 3QR ended September 2023 : 350,327,000
》〉Accumulated Profit on 4QR ended December 2023 : 348,126,000
Deposit placed with licensed banks = 22,222,000
Cash and Bank balances = 41,929,000
—
Haha 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 : 21 August 2023 with 25 concession years tenure .
>>
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
Grand Total = RM 529.089 Million
Jaks 30 % share in Vietnam Power Plant Joint Venture invested ard RM 600 Million.
Initially PayBack 8 to 9 years ..
Referring to the Grand Total , PayBack period is by 2024 .. ie : from 2021 to 2024 ~~ 4 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
___
Jaks Annual Revenue and Net Profit / ( Loss ) :
1.) FYE2020 : RM 259.4 million with Loss ( RM 80.5 Million. )
2.) FYE2021 : RM 109.7 million with Net Profit RM 51.9 million.
3.) FYE 2022 : RM 89.8 million with Net Profit RM 53.5 million.
4.) FYE 2023 : 1st Half Revenue RM 17.47 million with Net Profit RM 33.19 million.
>>👉 1QR is Profit RM 14.08 million , 2QR is Profit RM 19.11 million , 3QR is Rm 7.15 million…4QR is Loss ( 24.8 million )
👉👉 Rm 37.787 million with Net Profit RM 15.527 million..
2024-03-15 07:40 | Report Abuse
Haha as replied to Kon i3lurker earlier that Jaks will not do share consolidation as the NTA is RM 0.67 … not like those Stock with Huge Nosh but with Low NTA , eg : RM 0.15 etc ..
2024-03-15 02:34 | Report Abuse
Haha During 2020 Netx is famous on Fund Raising but No business development..
Netx — Fintech ( mother ) — a HK stock ( Grandma) ..
Then share consolidation 25 into 1 , Today :
Share Price : RM 0.10
Divided by 25 = RM 0.004
NTA : 0.12
Nosh : 937 million
>>> still can do share consolidation…
2024-03-15 01:39 | Report Abuse
KUALA LUMPUR (March 14): The Securities Commission Malaysia (SC) has confirmed that the premises of certain public listed companies have been raided over the suspected abuse of fund-raising activities.
The SC said this in an email response to The Edge, but did not elaborate, saying it was not able to provide further details on the raids as "investigations are ongoing".
Earlier on Thursday, The Star reported, citing sources, that the regulator had kicked off the investigations following complaints and tip-offs from the public on alleged fraud, and the potential false or misleading disclosure by several public listed companies in their fund-raising exercises, including private placements, employee share option schemes and rights issues.
According to the news report, the raids were said to have been conducted around the Tropicana area in Petaling Jaya
2024-03-14 19:09 | Report Abuse
China Bester Group Telecom Co Ltd
SHA: 603220
OverviewCompareFinancials
35.01 CNY +2.39 (7.33%)year to date
2024-03-14 19:06 | Report Abuse
Baidu Inc
HKG: 9888
OverviewCompareFinancials
103.70 HKD -11.60 (-10.06%)year to date
14 Mar, 4:08 pm GMT+8 • Disclaimer
Stock: [INSAS]: INSAS BHD
2024-03-15 15:28 |
Post removed.Why?