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2024-01-28 11:42 | Report Abuse
Haha which plantation is planned to use Robotic ??
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2024-01-28 10:59 | Report Abuse
Haha later hv lunch with family , see got 🐢 soup or not … hahaha
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2024-01-28 10:05 | Report Abuse
Haha my threads on Armada in 2019 for reference.. I took a look last year , the Gearing ratio is reduced after Kraken is commissioned and accepted, but still a high debt ….
My post dated Oct2019 , do own homework n update :
w 1) total debt?? 11.5 bil
>>Update : FY19 total asset is reduced 1.56 billion to 13.98 billion compared to FY18 , total liability is 10.77 billion .
>>> FY21 Q1 : Total asset is 12.82 billion . Total liability is 9.40 billion ...
2.) gearing : 2.7X become 2.8 X to 2.6 X to 2.53 X
FY21 Q1: Borrowing = 8.64 billion
Total equity = 3.42 billion
3) Claire material ligitation ?? Uncertain to win as the new company take over follow fixed contract term to terminate contract . Option contract signed or not ..big ?? New company so confident to terminate the order??Armada buy time only...
6) 2011 relisted..2012 to 2014 make profit..2015 to 2018 make loss ..also make impairment rm 4.4 bil in 4 years..so fishy where r the money gone ??
7) The big boss AK being sue by India government in 2014...and 2015 start Armada make losses..
8) the big boss sue by India government together with Astro ex deputy executive chairman on Maxis money flow to India 5 times more than permitted.how..india minister father n son being sued also on corruption.
9) AK investment in India Aircel rm 25.7 bil go to drain as Aircel is apply insolvency bankrupt with debt rm 11.88 bil ...Aircel had sacked 2000 employee on August'2019..Maxis is Aircel ownership of 74%..
>>Update : Armada Lost Claire court case ..
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2024-01-28 09:53 | Report Abuse
Haha , I am always happy and each day with my family.
What a pity le the One need to work at 64 in Indonesia oil palm forest … hahaha
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2024-01-27 21:26 | 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 👍
—
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 .
>>
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 , 3QR = RM 35.862 M
___
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…
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2024-01-27 18:22 | Report Abuse
Haha no wander when I said Probability is sslleee … he said is Victor ..
Posted by stockraider > 4 minutes ago | Report Abuse
Very Good Observations by Raider good old friend Probability mah!
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2024-01-27 16:39 | Report Abuse
Haha oh recalled someone posted OTB promoted Hengyuan ( HRC ) and the price is dropping until now .
But if i recalled correctly, when i started posting in Hengyuan as a negative commentator at ard Price RM 7.00 .. I did not see OTB post ….
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2024-01-27 16:10 | Report Abuse
3rd Lies
Stock: [INSAS]: INSAS BHD
hours ago | Report Abuse
During stock bet : Tunepro 0.45 on 10/3/21 , cut win 0.49 on 12/3/21 after 2 days - Why ? .. Lee aka Victor Yong aka Good123 in Tunepro since Jun 2020.
>> Lee Posted in Insas on Jan 2022 that sold Tunepro after 2 years ..
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2024-01-27 14:33 | Report Abuse
Haha Per Quarter:
👎 B ) Other Operating Expenses = RM 25,842,000 per Quarter .
Included in Other Operating Expenses are the following items :
a) Allowance for doubtful debts
b) Bad Debts written off
c) Provision for Impairment Loss
e) Goodwill written Off
and other items..
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2024-01-27 14:33 | Report Abuse
Haha why Insas issued 2 times RI to pay bridging loan, such cash Rich company???
After RI , given more than RM 20 million on Staff expenses…
Refer to QR ended June 2023 :
A) Administration Expenses = RM 6,917,000
👉 RM 27.67 Million per Year … BOD remunerations = RM 4.8 million
B ) Other Operating Expenses = RM 25,842,000
👎>>> , just the Administration 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 per Quarter .
Included in Other Operating Expenses are the following items :
a) Allowance for doubtful debts
b) Bad Debts written off
c) Provision for Impairment Loss
e) Goodwill written Off
and other items..
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2024-01-27 14:22 | Report Abuse
Haha Stockraider why cursing ppl until family member in Berjaya …
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2024-01-27 12:52 | Report Abuse
Haha how many relatives working in the Group ? Esp the Fashion company??
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2024-01-27 12:50 | Report Abuse
Haha 2023 trend is Capital Reduction and Special Dividend…
Did Insaf give Special Dividend???
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2024-01-27 12:47 | Report Abuse
4.) Oh posted earlier also : Associate company Omesti sold Microlink ( later Agong became substantial shareholder 10.76 % ) ..
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2024-01-27 12:45 | Report Abuse
Haha Insaf had issued 2 times RI with RPS n Warrant to pay bridging loans ..
Why ? So cash Rich le ???
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2024-01-27 12:41 | Report Abuse
Haha Insas WB abang adik no need wait until 2026 , now oredi started play Wayang Insas WC …
Stock: [INSAS]: INSAS BHD
34 minutes ago |
Post removed.Why?