CPEEC execution is excellent as can see from gambar gambar progress update and verified by Kenanga

One way or the others there is help from gomen Vietnam

GUARANTEED 12% IRR

It is BUY

Higher tariff rate or low coal kos

Subsidied la...

12% and guaranteed is as save as gomen bond

Better go keyin to buy skrg juga

Guaranteed

U know what that means?

SarifahSelinder

Pokoknya 

Guaranteed guaranteed IRR 12% by gomen Vietnam

14/04/2019 4:39 PM

probability they knew..but it didn't matter to them 

Posted by SarifahSelinder > Apr 14, 2019 4:38 PM | Report Abuse 

There is no way the lawyers bankers experienced CPEEC do not know abt kos of coal (easily 45%? of total cost) 
b4 signing the IPP agreements

14/04/2019 4:40 PM



Because....

SarifahSelinderPokoknya 

Guaranteed guaranteed IRR 12% by gomen Vietnam

Point ni is indisputable!!

There is no way the lawyers bankers experienced CPEEC do not know abt kos of coal (easily 45%? of total cost) b4 signing the IPP agreements

Pokoknya

Guaranteed guaranteed IRR 12% by gomen Vietnam

There is no way the lawyers bankers experienced CPEEC do not know abt kos of coal (easily 45%? of total cost)
b4 signing the IPP agreements

Maybe..

Sounds like there is help from gomen Vietnam

Subsidy subsidy

Guaranteed guaranteed IRR 12% by gomen Vietnam


qqq3 

The last time I met Andy, he says this cashflow is conservative because don't want to show Vietnam government super profits......reasonable or not?

14/04/2019 3:58 PM

Sarifah tetap berjiwa IPP tetap unapologetic angkuh dan liar

Pokoknya

150m uninspiring profit tu dah enough to support harga sampai 2.00

Sarifah ada povide sikit for Vietnam bossku entertainment

LOL

Mention 250m klau hiccup mcm mana?

Sslee kan hentam kat AGM kao kao x beri muka langsung

Tapi to b fair cannot accuse Andy tanpa bukti

Besar kemungkinan Andy pun main konsevatif mention low profit dulu baru no pressure

Tgk i con share same 500m already low opinion dgn Sarifah

150m lebih baik forget abt 10% extra tu je

Loss for 25 years buat impairment immediately

Yg liar tu even suggest kan loss for 25 years ...

150m cukup beli extra 10% option tu ke?

Ballpark

Projek cost 7.8b PAT 500m

PE 15.6x

Langsung not inspiring at all

150m total baru 500m actually not high malah very low

U ni lagi satu bukan main lagi angkuh dan liar


Few clicks kat Google u berani sentence a 7.8b projek dead n assigned to the dustbin

Ni jz too glaring for lawyers bankers experienced CPEEC to miss b4 signing IPP agreements

Sarifah anggap ni sampah

=====================



probability FULL SUMMARY: 
.............. 


1) MFCB Selling Price of electricity (Max): 

= 0.080 USD/KwH (1) 


2) MFCB net profit, adjusted as per debt structure of JAKS: 

= 0.023 USD/kWh (2) 


3) MFCB cost of production, 'variable + Fixed' distributed per kWh: 

= (1) - (2) 
= 0.057 USD/kWh (3) 


4) The additional variable cost of production due to Coal by Jaks above MFCB is at least: 

= 0.047 USD/kWh (4) 


5) It is known from literature that hydroelectric variable operating cost is less than 0.010 USD/kWh compared to coal gasification at 0.04 to 0.080 USD/kWh 

refer Table 3 page 33 of link below: 

https://www.usea.org/sites/default/files/Operating%20ratio%20and%20cost%20of%20coal%20power%20generation%20-%20ccc272-1.pdf 


6) As such in order for JAKS to still make 150 M profit as someone had promised, i.e 0.015 USD/kWh, someone (EVN or Government) has to subsidize by this amount: 

0.015 USD/kWh (the net profit) : 


= Selling price (1) - MFCB cost (3) - JAKS additional cost of coal (4) + subsidy (X) 

Subsidy (X) from above works out to be = 0.039 USD/kWh 

That is like 400 Million by someone for JAKS alone at 30% stakes. 



who the HELL is going to fork out 1.2 BILLION RM annually for FREE? 
...................................................................

14/04/2019 9:44 AM

LOL Sarifah about to ask for u to provide MFCB detailed profit for Sarifah to kaji

Ballpark la

Compare it to the kos projek RM 7.8b

Figures for IPP Vietnam from various sources don't jive

Sarifah decide to main konservatif

Sarifah ignore GIGO coal data/input from Google

Sarifah oso not impressed by the 150m sbb way too low

Weird question ni...


My question is, what benefit that ""accounting profit"" shareholders get?


Mcm asking what benefit to u that ur house has appreciated in value


Maybe b klau apabila harga rumah u drop a lot then baru the benefit to u is clear



Hurt focuses the mind

- A pliers carrying Charlie Munger


LOL

qqq3 dah have ur family dinner chit chat with junior?

Some more klau x salah Sarifah IPP agreements dibawah OSA mana can jz Google jer

U compare latest technology dgn whatever craps u found Googling

Sarifah place bet on trusting the management

CPEEC power plant dgn latest technology efficient

Utilisation more likely more than 77%

Many levels of review b4 IPP agreements can b signed la

Ni billion USD project la

Maybe lu punya coal kos etc yg plucked from d air

Sarifah tetap berjiwa IPP tetap unapologetic angkuh dan liar

Kenanga150m pun dah kelihatan low

Yes la GIGO

The minute signed agreements je loss for 25 years?? Seriously?

Singapore co ventured to the West yg give it problems?

West matured economies la

Singapore co shd not issued bon to public

MFCB x as cheap as Jaks la

U punya coal kos dan input mesti something wrong

Too obvious for lawyers bankers experienced CPEEC to miss

Sarifah berjiwa IPP tetap unapologetic angkuh dan liar

Sarifah chose to believe Kenanga 150m and IRR 12%

Only coal kos je whole IPP sudah x viable mana mungkin??

Coal kos cannot b so high...

Coal kos is passed thru..

So much data now jz calculate Jaks own IPP profit or loss

Leave MFCB out of this

Coal cost jz hampir sama elektic tariff?

One look jer nobody kan sign agreements IPP tu