Post removed.Why?

(1) present COAL price chart: - shows spectacular decline in price

https://markets.businessinsider.com/commodities/coal-price

COLUMN-Coal price slump in Asia even as demand grows shows supply is the issue: Russell, JUNE 12, 2019

https://www.reuters.com/article/column-russell-coal-asia-idUSL4N23J199

There are articles that says it will remain depressed as per above for next few years

..........................

(2) Knowing above and going through the below brilliant derivation from DK66, one can see JAKS could indeed be heading for a Jackpot.


Jaks Resources - Earning Forecast of Hai Duong Power Plant based on Government Data

https://klse.i3investor.com/blogs/Jaks%20resources/228009.jsp

Note DK66 used price derived from February 12, 2019 article at = VND1.74m / 23,350 = US$74.5 per tonne.

Current price is below US$45 per tonne.

Nevertheless, one should note that he had explained the above is only applicable for none BOT - local coal power producers which are not subjected to the BOT contracts.

..........................


What is the fear then?

http://documents.worldbank.org/curated/en/290361547820276005/pdf/133788-WP-OUO-9-Vietnam-Energy-MFD-Report-ENG-for-printing.pdf

Extract from page 33:
....................

The fundamental reason for EVN’s weak financial performance has been the failure to allow end-user electricity tariffs to keep pace with costs. Given EVN’s high level of operational efficiency, it is the relatively low level of end-user power tariffs that are largely to blame for the company’s weak financial performance. EVN’s tariffs have been frozen since 2015, and only in November 2017 increased to an average rate of US$0.076 per kilowatt-hour compared with the full cost of service, estimated at US$0.12 per kilowatt-hour in 2017.

To keep pace with planned investments, it is estimated that tariffs would need to continue to rise toward US$0.14 per kilowatt hour by the early 2020s. Moreover, the present tariff is also below the price at which EVN is expected to purchase electricity from upcoming, new (renewable and thermal) generation. Furthermore, greater reliance on costlier commercial finance and less reliance on sovereign financing through the MOF in the future is likely to increase the costs of electricity production, which will require tariffs to increase to prevent EVN’s financial position from further deteriorating.

.............

(1) Now the numbers above make a lot of sense. The subsidy is about the level i calculated before on 16 Apr 2019: ~

= US$ 0.120 / kwh (full cost )- US$ 0.076 / kwh (EVN tariff)
= US$ 0.04 / kwh
=================

(2) If they EVN is forced to raise the tariff to US$ 0.14/kwh.....

that will make JAKS in a super comfortable position to reap the concession earnings.

..............

With the above, guess the puzzle i had is solved now as expressed and quoted on article below by DK66:


Jaks Resources - The Matrix Behind The Vietnam PPA
Author: DK66 | Publish date: Tue, 16 Apr 2019, 10:03 AM

https://klse.i3investor.com/blogs/Jaks%20resources/202341.jsp


CONCLUSION:
-----------

SO FAR ALL THE NUMBERS ARE FALLING IN PLACE, CONSISTENT WITH EACH OTHER

ha ha DK66, thats exactly what i wanted to reply up_down earlier...


i thought of saying, DK66 never fell in love with JAKS, he was only trying to find out if there is anything on her which he can hate!

If you guys have done enough investigation to verify on the expected power plant contribution on earnings. Some even got it from the horse mouth....

should definitely ignore short term price movement (70% rise within a month definitely invites wild volatility)....who pushes up and down does not matter

as then this is truly a ticking JAK-POT bomb.

it is fundamentals that has the final say

true, the great thing about power plant is that it IMMEDIATELY starts delivering profits as soon as placed in operation.

and yes, risk of commissioning delays is also very minimal - its not that complicated (multi-variable dependent)

thanks DK66, OTB

key catalyst question is when is the power plant going to contribute economically?

for short term holders more than 6 months, current price may not be that attractive...

for long terms holders even 9 months could be very attractive.

..............

may be sifu DK66 can enlighten on the above...i am sure he would have done that earlier..but for newbies a refresher would be very helpful

TQ

problem with PPHB and the like BRIGHT packaging is that their margins indicate a spike due to one off events which are not sustainable unlike MASTER PACK

problem with PPHB and the like BRIGHT packaging is that their margins indicate a spike due to one off events which are not sustainable unlike MASTER PACK

what makes difference between a 'pasar malam talk' and 'theory'...nothing except RESULTS on prediction.

Both are 'stories' only...till you have empirical data to support.

Note that 'theory' which has empirical data to support in U.S market...can be a 'pasar malam talk' in Bursa...

we must accept that

I think that is the essence connie555 is trying to convey Ricky.
..............................................................

as a logical man you should be able to grasp the point he is putting across with his limited vocab

uncle panic and open mouth already on Dayang!

https://klse.i3investor.com/blogs/koonyewyinblog/239723.jsp

u mean next qtr results collapse? No wonder..

investors are very smart nowadays....

scary...all want to trap uncle already...nobody want to buy


Posted by probability > Nov 22, 2019 5:33 PM | Report Abuse X

he wins only if you buy from him on Monday like how he bought from you before the results (being privy of results)....

uncle is great

MIDF and Public Bank TP so much different.. Lol!

tomorrow wont get this cheap

time to whack already....

management too optimistic

koon margin call on dayang

koon margin call on dayang

https://klse.i3investor.com/files/my/blog/img/bl3909_t2a.png

average raw material price drop between Q3 and Q4 could be 10%

at the moment TGUAN has barely shown 1.5% margin improvement compared to preceeding qtr

I sold MASTER PACK too early not realising how powerful margin expansion is....and for TGUAN you are coupling with revenue expansion.

worth to hold tight tight

LOL!..thanks for the humorous post connie! Cant control my laughter...

Above two postings - worth a reread.

MYEG LAUNCHES FIRST PHASE OF E-GOVT SERVICES IN PHILIPPINES WITH LANDBANK

By Digital News Asia November 21, 2019

- Strengthens position as top e-government portal in philippines
- With 12 mil users a year and growing, MD sees immense opportunity

https://www.digitalnewsasia.com/business/myeg-launches-first-phase-e-govt-services-philippines-landbank


Filipinos now have the convenience of being able to transact online through MYEG Philippines's portal with Landbank’s enrolled government agencies and merchants

MY E.G Services Bhd (MYEG) has announced that its Philippines subsidiary, MYEG Philippines, Inc. (MYEG Philippines) has commencement the first phase of its online services in partnership with Land Bank of the Philippines (Landbank) to offer e-govt services to the people of the Philippines in transacting with the government.

The service, along with its other online offerings in Philippines since 2017 helps reinforce its position as the country’s leading e-government portal. MYEG had entered into a joint venture agreement in 2017 with I-Pay Commerce Ventures Inc to take a 40% stake in MYEG Philippines for US$2 million (RM8.3 million).

The launch of the e-govt service is a realisation of a partnership between MYEG Philippines and Landbank that entails the implementation and integration of MYEG Philippines’ Electronic Payment and Collection System by Landbank. As the official depository bank of the Philippines and a fully government-owned entity, Landbank has more than 400 enrolled merchants, comprising national government agencies, local government units, as well as private enterprises.

Filipinos now have the convenience of being able to transact online through MYEG Philippines's portal with Landbank’s enrolled government agencies and merchants and pay through their preferred methods – be it electronically or physically at any of MYEG Philippines’s over 40,000 over-the-counter locations.

The commencement of the new service marks the latest offering by MYEG Philippines, complementing its other existing online services such as National Bureau of Investigation clearance and renewal and further solidifying its leading position as the preferred single window for Filipinos to not only transact hassle-free with all levels of government, but also to easily access a broad range of commercial products and services, such as insurance coverage and personal loans.

‘With 12 million users per annum and growing, the immense opportunity there means that Philippines is definitely an increasingly important market for us,’ says TS Wong (pic), Group Managing Director of MYEG.MYEG launches first phase of e-govt services in Philippines with Landbank

In its 2018 annual report, TS had highlighted that with more government services and commercial offerings in the pipeline to be progressively rolled-out, the Philippine business is achieving significant traction. The annual report shows that it made US$1.68 million (RM7 million) revenue in its 2018 financial year.

Among the initial payee agencies and merchants activated as part of the first phase of this service offered on MYEG Philippines’s online platform are:

● Philippine Charity Sweepstakes Office

● Philippine National Police

● Land Bank Master Card

● Cagayan Electric Power and Light Co. Inc

● City Government of Davao

● Leyte Metropolitan Water District

● University of the Philippines – Los Banos

● United Coconut Planters Life Assurance Corp. – Cocolife

MYEG expects more payee agencies and merchants to be onboarded progressively in subsequent phases of the ongoing implementation of the service.

The future of all government services is via e-government, not only Malaysia...everywhere, Indonesia, Philippines..

........................

KKMM to expand Kembara Digital Malaysia programme
Saturday, 23 Nov 2019 07:47 PM MYT


https://www.malaymail.com/news/malaysia/2019/11/23/kkmm-to-expand-kembara-digital-malaysia-programme/1812709


KUALA PILAH, Nov 23 — The Kembara Digital Malaysia (KDM) Programme, which is the platform of the Ministry of Communications and Multimedia (KKMM) Malaysia and government departments and agencies to help the people in facing numerous digital era challenges, is to be expanded nationwide, next year.

“ In the myriad of e-Government initiatives such as MyEG, e-service, e-filing and others which facilitated the people, it was hoped that the people would also take the opportunities to benefit through its use,” he said.

Dont they need to get shareholder approval for such major decisions

look at GCB.....THONG GUAN have same potential rise

you have no second level thinking...he is using his own name...and the same name in i3 on each of his postings....you think he does not want to prove to i3 that it performs well?

he is investing on his integrity unlike you Jon...you have proven you have none..just a tin kosong



Posted by Choivo Capital > Nov 23, 2019 3:30 PM | Report Abuse

Newman, the article was written before the price came up. He just shared it with his insiders only, which help some part in shooting the price up.

Now its the part where you catch the fish.

The question here is, do you want to ride the tiger?

uncle Koon so happy...he dont want talk about Dayang anymore but Flowers!

https://klse.i3investor.com/blogs/koonyewyinblog/239226.jsp

despite predicting Q3 earlier as per below, i myself disposed much ahead at about 1.65...buying at 1.26

Posted by probability > Aug 24, 2019 6:55 PM | Report Abuse X

actually...the raw material cost has only just begin to come down, the revenue is the one that contributed mostly in this quarter Q2..

Q3 should see greater margin expansion

Yes pjseow, overall i am happy with year todate return!:)

i like Herbert's subtle humour by imitating Koon...and the nature of i3 investors culture...

but he does gets annoying with too many rubbish postings in a single day... one or two long postings once a week is fine herbert!

sifu teoct already celebrating holding wine...or champagne...i think

cheers though i am not holding any!

we have sifu Icon, Yistock and now sifu David also recommending Thong Guan....

Fantastic!

TGUAN: One of the Largest Food Wrap and Stretch firm producers in Malaysia to benefit from declining LDPPE raw material cost

Author: davidtslim | Publish date: Fri, 22 Nov 2019, 6:37 PM

https://klse.i3investor.com/blogs/lionind/238692.jsp

this is scary...price nowadays move much ahead of good results...

loan interest rate of the future can only go down (may even be negative like Japan and Sweden one day)....

good deal done by CIMB - Lim Kang Hoo!!

but let us buy anyway...he he

he wins only if you buy from him on Monday like how he bought from you before the results (being privy of results)....

uncle is great

CIMB agree to finance already...what more worries...whack la!

Monday cannot get this price...

walao...BM news out!!

foreign fund sellers are probably done....u never know when it can shoot up in large quantum.... sell queue could be false...

calvintan pic will bring lots n lots of luck to icon....

calvintan qi energy is syphoned already...

cheoky dont scare people like this...people will runaway from buying

once black rock and vanguard finish disposing...we may never get this cheap..

it may move up very fast

of course it would be even nicer if they (foreign funds) changed their mind

................

with the current chaos in local politics, govn will think twice on making drastic changes like giving Myeg contracts to competition

have they (PH) dared to make any major business changes? ECRL is on...Bandar Malaysia is on...

nothing changed...just the name

Who is Multisys?

Multisys ready to expand overseas
June 19, 2019 |

https://www.bworldonline.com/multisys-ready-to-expand-overseas/

Mr. Almirol said the five-year-old Multisys has been expanding exponentially since its formation, and is expecting to generate billions in revenues by end-2019.

MyEG partners with MultiSys to improve systems in PH

posted November 20, 2019 at 06:28 pm by Manila Standard

http://www.manilastandard.net/index.php/tech/tech-news/310547/myeg-partners-with-multisys-to-improve-systems-in-ph.html

Leading Filipino software company, Multisys Technologies Corporation and MyEG Philippines sealed a partnership to provide both private and public sectors with diversified software system solutions.
MyEG partners with MultiSys to improve systems in PH
MyEG Philippines teams up with MultiSys as its preferred Philippine technology partner to serve companies and government agencies. Shown here are (from left) MultiSys Executive Vice President, Kathlynn Mila; MultiSys Chief Executive Officer and Founder David Almirol Jr.; MyEG Philippines Chairman, Enrique Gonzalez; MyEG Philippines President, Ronald Aquino; and MyEG Philippines Chief Advisor, Paolo Martel.
This deal will enable more companies and government agencies to utilize state-of-the-art technology solutions, software integrations, and other information technology (IT) services. This offers a more seamless experience to customers using financial technology platforms that are activated in MultiSys eBusiness and eGovernment platforms.

Through its partnership with MultiSys, fintech solutions provider MyEG Philippines will be able to serve Filipinos better through providing convenient software solutions for organizations and institutions. “We look forward to this synergistic collaboration with MultiSys as we continue to expand our reach in the Philippines. This will enable us to offer a wider and more enhanced platform for essential services accessible anywhere at any time,” said MyEG Philippines President Ron Aquino.

“MultiSys is set to elevate the country’s various industries through our software solutions, which will drive the growth of the Philippine economy. Having the privilege to enrich the everyday lives of the Filipinos is certainly fulfilling for us,” said MultiSys President and Chief Executive Officer David Almirol Jr. “Our partnership with MyEG further strengthens our shared goal to make IT in the Philippines more functional and expansive.”
MyEG PH and Multisys are also in talks of bringing the partnership overseas.

Backed by PLDT which invested 2.1 Billion for 45% shares last year.
..................................................................

MultiSys is launching Smart City and Smart Government projects with various local government units to upgrade their software solutions. On the other hand, MyEG Philippines has implemented the system integration through LandBank Link Biz e-Payment facility. It also plans to launch more software solutions in the private and public sectors, such as the Online Portal System that lets residents and other customers’ access city government services online anytime.