A donkey will still be a donkey no matter how you want to teach him some very basic finance.

Did the donkey know what is jaks revenue? From that revenue can jaks pay bank interest, bank borrowing, working capital, dividend and etc?

Maybe everyone should tell that donkey jaks is a good buy so that he can/will buy more.

But then again who know maybe he also do not owned any jak shares. He just likes to kaki kong, kaki song.

Repost:
Just a simple summary:
EBITDA is expected to reach about USD 1 billion annually from 2026.

Free cash flow after repaying debt and interest to reach USD 200 – USD 300 million annually from 2026 onwards, based on today’s interest rates

And if interest rate drop then FCF will be more.

The total assets in the financial BS as at Dec 2024 will generate the below revenue and that revenue will be used for working capital, loan repayment, interest payment, SBB, dividend payment and etc)
Can you understand donkey!

You can even work out the yearly revenue from Yinson Dec 24 corporate presentation

Repost:

From Yinson Dec 24 corporate presentation
FSPO contract backlog of USD 21.9 billion until 2048

Solar power plant forecasted revenue of USD 1 billion until 2054(1) underpinned by long-term PPAs

Repost:
Jayatiasa palm oil planting (2002-2016)
Ha age as at 2025
885 23
922 22
2388 21
3525 20
7198 19
7527 18
12086 17
9027 16
6866 15
4593 14
3528 13
4200 12
2936 11
3373 10
535 9
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Replanting
Year (Ha)
2024 1020

Dec 2024 ASP CPO per MT RM 5055 PK RM 3778
Just need to wait for jayatiasa Dec 2024 production and you should be able to work out quarter ended 31/12/2024 Revenue, EBITDA and PBT

Repost:
Quarter end 30/9/2024 with CPO ASP of RM 3935 and PK RM 2452 the Oil Palm Reveue : RM 253,417,00 and EBITDA RM 147,470,000
That is a very good earning margin.

Based on
Oct ASP CPO 4146 PK 2773
Nov ASP CPO 4739 PK 3590
Revenue
Oct (23,013X4146 + 5192X 2773) RM 109,694,249
Nov (19,896X4739 + 4330X 3590) RM 109,831,844
Dec

Note:
30/09/2024 30/06/2024
RM'000 RM'000
Current Assets
Inventories 106,615 : 48,662

So next quarter if Jayatiasa managed to sell some of its inventories then the result will be a record breaking quarter Revenue, EBITDA and PBT.

Key facts about oil palm:

Oil palms are perennial crops with a productive lifespan of 25-30 years
They produce two types of oil: palm oil from the fruit’s flesh and palm kernel oil from the seed
Oil palms are the highest-yielding vegetable oil crop per unit area
Major producing countries include Indonesia, Malaysia, Thailand, and Nigeria

Oil Palm Yield by Age
Understanding the oil palm yield by age is crucial for effective plantation management and long-term planning. Oil palms have a distinct yield pattern throughout their productive lifespan:

Years 1-3: Establishment phase with no significant yield
Years 4-7: Rapidly increasing yield as palms mature
Years 8-15: Peak production phase
Years 16-25: Gradual decline in yield
Beyond 25 years: Significant decrease in productivity, often leading to replanting
Here’s a more detailed breakdown of the oil palm yield by age:

Age (Years) Approximate Yield (Tons of Fresh Fruit Bunches per Hectare)
3-4 5-10
5-7 10-20
8-15 20-30
16-20 15-25
21-25 10-20

Jayatiasa first planting started from 2002 to 2016 and replanting just start year 2024

Repost:
Jayatiasa palm oil planting (2002-2016)
Ha
885
922
2388
3525
7198
7527
12086
9027
6866
4593
3528
4200
2936
3373
535
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Replanting
Year (Ha)
2024 1020

Year 4 you should able to start harvesting the FFB abit the FFB yield is a bit low.

From Yinson Dec 24 corporate presentation
FSPO contract backlog of USD 21.9 billion until 2048
Solar power plant forecasted revenue of USD 1 billion until 2054(1) underpinned by long-term PPAs

Just received email from Dennis on further clarification on answer given to AGM on replanting cost:

Dear Mr Lee,

Thank you for reaching out to us. Please refer to our response in blue, and kindly disregard our previous response.

We apologize for any confusion caused.

Happy New Year to you too.


Best regards,
Dennis

The cost per Ha is as follows:
Land preparation & seedling: RM7,500 per Ha
Upkeep Year 1: RM3000 per Ha
Upkeep Year 2: RM3500 per Ha
Upkeep Year 3: RM4000 per Ha

Total replanting cost: RM18000 per Ha

Just a question without disposal of debts ladden capA aviation to AAX, can capA exit PN17?

Yinson AS AT AS AT
31.10.2024 31.1.2024
Unaudited Audited
RM million RM million
Current assets: 5,262 4,782
Current liabilities:3,350 4,575
Know what that donkey talk about current ratio and Yinson working Capital is only Last for 7 months … ???

Of the current assets Yinson's
Cash and bank balances 2,837 3,063

That donkey not even know jaks cash avaliable only left with RM 3,978,000

Current Year Preceding Year
9 Months 9 Months
ended ended
30-Sep-2024 30-Sep-2023
RM'000 RM'000
Deposits placed with licensed banks 12,079 34,404
Cash & bank balances 23,818 36,808
Bank overdrafts (5,891) (5,963)
30,006 65,249
Less : Deposit held as security values (12,079) (34,404)
Bank balance held as security values (5,585) (214)
Debt service reserves account (8,364) (11,240)
3,978 19,391

30 September 2024: 30 June 2024
USD/MYR
Average rate 4.4566: 4.7323
Closing rate 4.1065: 4.7205

Quarter ended 30 Sep 2024
Foreign exchange gain/ (loss)
Realized: RM 74,800 000
Unrealized: RM 2,195,000,000

USD/MYR end the year 31/12/2024 at 4.4716
All the USD lease liabilities, borrowings/bonds and maintenance cost will be adjusted from EX rate of 4.1065 in Q3 ended 30 sept 2024 to 4.4716 Q4 ended 31/12/2024.

So what will be:
Quarter ended 31 Dec 2024
Foreign exchange gain/ (loss)
Realized: RM xx,xxx,xxx
Unrealized: RM x,xxx,xxx,xxx

Now you should know how competative a LCC space is and LCC operators are forced to squeeze out every available fly times of its plane/work-horse in order to make a profit.

A big suprise jaks finally declare its first ever dividend of half sen with DRP.

Another suprise where jaks going to get its cash to pay dividend?
Most likely jaks will set the DRP price below 10sen to lure shareholders to opt for DRP instead of cash.

Repost:
You can fact check and see for yourself how many lies, slanders and spam that someone posted in i3.

That someone had been in and out of jail for many times for violeting i3 term and condition but show no repent.

I think the only way to stop him is just let him alone to kaki kong kaki song

"cherish the memories of the past year" is good enough.
No point going too far back as the past should be left in the past

The New Year is more than just a turn of the calendar page; it is a moment of renewal, reflection, and optimism.

It's a time to cherish the memories of the past year, embrace the lessons it taught us, and welcome the opportunities that lie ahead.

Happy New Year 2025

Despite insas selling inari shares, insas still hold below lnari shares
Total (units) 516,252,976
Total (%) 13.62
Date of Notice 30-Dec-2024

Just wonder has TTB know of a common economists' quip , “When America Sneezes, the rest of the world catches a cold.”?

Is TTB trying to prove he is better than all the economists in the world to come up with his own analysis "The NYSE and NASDAQ are very frothy and have been sucking up investment funds from other markets, especially emerging ones like Malaysia. A US crash would release hundreds of billions of global funds into emerging markets and currencies like the KLSE and Ringgit and, in turn, cause those to rally"?

Plane crashes are uncommon unlike road accidents.

Every planes accident will be investigated thoroughly the root cause and the chain event that lead to the accident.

Plane manufacturer and plane operator is duty-bound to correct any faults identified by the accident investigators.

You can fact check and see for yourself how many lies, slanders and spam that someone posted in i3.

That someone had been in and out of jail for mamy times for violeting i3 terms and condition but show no repent.
I think the only way to stop him is just let him alone to kaki kong kaki song.

Or is he soooo dumb and cannot understand the different between impairment of trade and other receivables with depreciation and amortisation of PPE?

Repost:
Still more slanders and gibberish from shameless Mike-tikus aka john-no ball.

Juat wonder why he keep cut and paste his slanders and gibberish but refuse to give document/evidence to substantiate his below figures?

Repost:
Jaks
4.) Current tender book exceeds RM4.0
billion, covering water and sewerage systems, flood mitigation projects in multiple states….

Jayatiasa
👉👉👉 FY24 : Impairment of Total RM 151.2 million!😱🤔

Do you need to be concerned how much of RM89,461,350 trade receivables past due will be impaired come Q4 ended 31/12/2024?

As at 31 December 2023, trade receivables of the Group and of the Company RM89,461,350 and Nil (2022: RM87,320,551 and Nil) were past due but not impaired. These relate to a number of independent customers for whom there is no recent history of default.

The trade receivables of the Group and of the Company that are individually assessed to be impaired amounting to RM53,743,811 and RM8,772,286 (2022: RM24,226,559 and RM8,772,286) respectively, related to customers that are in financial difficulties and have defaulted on payments.

Still more slanders and gibberish from shameless Mike-tikus aka john-no ball.

Juat wonder why he keep cut and paste his slanders and gibberish but refuse to give document/evidence to substantiate his below figures?

Repost:
Jaks
4.) Current tender book exceeds RM4.0
billion, covering water and sewerage systems, flood mitigation projects in multiple states….

Jayatiasa
👉👉👉 FY24 : Impairment of Total RM 151.2 million!😱🤔

If GUH can take legal action to recover payment from jaks then just wonder why Jaks BOD never take any legal action to recover the receivables?


KUALA LUMPUR (July 3): GUH Holdings Bhd said its subsidiary has reached an out-of-court settlement with a unit of JAKS Resources Bhd and a construction firm over its payment claim for work undertaken as a sub-contractor.

Teknoserv had carried out the sub-contract work from July 2014 until December 2017 and during the extended contract period till August 2021, before bringing the sub-contract agreement to an end in July 2021 over alleged breaches.

In July 2022, Teknoserv served its payment claim for RM22.64 million and thereafter referred the dispute for adjudication against JAKS-KACC JV pursuant to the Construction Industry Payment & Adjudication Act 2012. Teknoserv was awarded an adjudication sum of RM11.49 million plus interests, costs and the adjudicator’s fees.

JAKS Resources subsequently filed an application to stay and set aside the adjudication decision.

In a filing on Monday (July 3), GUH said Teknoserv and JAKS-KACC JV have now agreed to settle amicably, all claims and disputes.

Under the settlement, JAKS-KACC JV is to pay Teknoserv RM9.07 million via seven instalments by Dec 31, 2023.

GUH said it agreed to the out-of-court settlement, as continuing the legal dispute is costly and time-consuming.

“The board made a commercial decision to accept the settlement, as it would enable the company and/or Teknoserv to focus its time and attention on its business operations,” it added.

Aiyoyo really no ball or you cannot find any document/evidence to substantiate your pluck from air figures?

Needless to say you are the most shameless conman and when caught with pant down still so thick skin to continues with your lie and more slanders, misinformation and gibberish.

Repost
Hoho Haha Mike-tikus aka john-no ball when can you prove your below figures?

Jaks
4.) Current tender book exceeds RM4.0
billion, covering water and sewerage systems, flood mitigation projects in multiple states….

Jayatiasa
👉👉👉 FY24 : Impairment of Total RM 151.2 million!😱🤔

Should shareholders hold ALP responsible, accountable and answerable for total receivables impairment for the last 5 years amounted to RM 167 million and reversal of impairment amounted to RM13.6 million make up total net impairment of RM 153.5 million?

Aiyoyo,
Jaks with cash cow JHDP but still every year asking free money from investors and shareholders via PP and RI for working capital and loan repayment.

ALP sleeping on the job but still reward himself with million of LTIP free shares grant.

For sure ALP has business acumen in how to enrich himself at the expense of shareholders.

Know how much is the order book of jaks?
You can search Bursa jaks annoucements for any tender won for the last two years.

Still no ball to prove your figures LOL.

Repost
Hoho Haha Mike-tikus aka john-no ball when can you prove your below figures?

Jaks
4.) Current tender book exceeds RM4.0
billion, covering water and sewerage systems, flood mitigation projects in multiple states….

Jayatiasa
👉👉👉 FY24 : Impairment of Total RM 151.2 million!😱🤔

Hoho Haha Mike-tikus aka john-no ball when can you prove your below figures?

Jaks
4.) Current tender book exceeds RM4.0
billion, covering water and sewerage systems, flood mitigation projects in multiple states….

Jayatiasa
👉👉👉 FY24 : Impairment of Total RM 151.2 million!😱🤔

Repost:
Dec 27, 2024 4:35 PM | Report Abuse
Hoho Haha as usual when ask to prove his figures and facts Mike-tikus aka john-no ball will just shy away or twists and turns with more slanders and misinformations

Jaks
4.) Current tender book exceeds RM4.0
billion, covering water and sewerage systems, flood mitigation projects in multiple states….

Jayatiasa
👉👉👉 FY24 : Impairment of Total RM 151.2 million!😱🤔

9 months end 30/9/2024

ADE
RM million
Revenue:526
EBITDA: 109
PAT: 47

Capital A Aviation Services (“CAPAS”)
RM million
Revenue:269
EBITDA: 31
PAT: 15

Ground Team Red (“GTR”)
RM million
Revenue:223
EBITDA: 47
PAT: 17

Teleport
RM million
Revenue:736
EBITDA: 60
PAT: -20

MOVE
RM million
Revenue:387
EBITDA: 49
PAT: 20


Bigpay
RM million
Revenue:29
EBITDA: -59
PAT: -110

CAPI
RM million
Revenue:171
EBITDA: 74
PAT: 83

👉 ROI on LSS4 50MW for 1 year = 0.83 %
( Note : Jaks is the 100 % Asset owner included freehold Land … Loans is RM 220 million) .

From above what is the payback period?

Aiyoyo when you talk to a dumbass you must tell him
DE= Debt/Equity
= 31.33/18.97
= 1.651555
And not = to 2.2
Understand!

DE = 2.2 from below:
Borrowings = 29.38 Billion + 1.95 Billion = 31.33 Billion
Cash n bank balances = 8.76 Billion
Total Equity = 18.97 Billion

Teleport’s negative PAT is influenced by:
○ IFRS-16 adjustments for freighter aircraft (RM18.5 million)
○ Total interest expense on borrowings (RM10.0 million);
○ Mitigated by interest income and unrealised FX gain
(RM0.7 million)

Aiyoyo.
Know what is depreciation?

Segmental Information
The financial information in respect of the Group’s business segments for the current financial period ended 30 September 2024 is as follows:
Oil Palm Timber Others Elimination Total
RM'000 RM'000 RM'000 RM'000 RM'000
REVENUE
External 253,417 17,863 378 - 271,658
Inter segment 226,673 38,592 601 (265,866) -
Total Revenue 480,090 56,455 979 (265,866) 271,658
EBITDA 147,470 501 (1,444) - 146,527
Finance cost (837) (2,095) (20) - (2,952)
Depreciation and amortisation (31,508) (2,329) (489) - (34,326)
Segmental result 115,125 (3,923) (1,953) - 109,249
Group admin and overhead cost (7,898)
Profit before tax 101,351

30/09/2024 30/06/2024
RM'000 RM'000
Current Assets
Inventories 106,615 48,662

"Growth for the sake of growth is the ideology of the cancer cell"
Hope Stony can change his biz model and start making money flying people or is it too late as capA already reach terminal illness?

Market Summary
Market Data Overview
As at 27 Dec 2024 05:18 PM
Prices are delayed by 15 minutes

Derivatives
Night & Day Session
Night Session
No Name Month Last Done Change Vol (`00) OI
1 FKLI Dec 2024 1,624.5000 - 36,002 58,552
2 FKLI Jan 2025 1,626.0000 - 35,242 52,758
3 FCPO Mar 2025 4,625.0000 +82.0000 26,590 112,700
4 FCPO Apr 2025 4,460.0000 +62.0000 8,973 43,355
5 FCPO Feb 2025 4,783.0000 +85.0000 6,213 35,917
6 FCPO May 2025 4,323.0000 +29.0000 5,341 30,846
7 FCPO Jun 2025 4,247.0000 +21.0000 2,737 15,131
8 FCPO Jan 2025 4,980.0000 +80.0000 1,656 9,395

If you invested in jaks 5 years ago your ROI will be a very big negative.

Someone invested in jaks more than a year and half ago also lose his pants.

Have you really read page 300 E&Y report:

After acquisation and capital reduction
AAX
RM'000
Total Shareholders' fund/equity: RM 574,645
Non-controlling interests: RM (1,837,900)
Total equity: RM (1,263,255)

By Q4 out jaks price will break the 52 weeks low of 0.12

Hoho Haha as usual when ask to prove his figures and facts Mike-tikus aka john-no ball will just shy away or twists and turns with more slanders and misinformations

Jaks
4.) Current tender book exceeds RM4.0
billion, covering water and sewerage systems, flood mitigation projects in multiple states….

Jayatiasa
👉👉👉 FY24 : Impairment of Total RM 151.2 million!😱🤔

Goodwill and intangible assets upon completion of the Proposed Acquisitions are RM10,090.74 million and RM2,430.84 million respectively.

Is above answer you question: Acquired at premium or discount ?


External Auditor, are non-current assets: Deferred tax assets and goodwill subjected to yearly impairment?

“For illustrative purposes, as set out in the pro forma consolidated statement of financial position of our Group as at 31 December 2023 in Appendix VIII of this Circular, the goodwill and intangible assets upon completion of the Proposed Acquisitions are RM10,090.74 million and RM2,430.84 million respectively, based on the assumptions and parameters stated therein.”

Answer
1) Goodwill is subject to yearly impairment assessment; and
2) Deferred tax assets are assessed on a yearly basis to determine whether there are future taxable profits in which the deferred tax assets can be utilised.

Just a simple question if valuer valued a property as 10 million but that property is charged to bank for 5 million loan so are you going to pay the seller 10 million to take over the property and the loan?

Posted by TradingFUN > Dec 27, 2024 10:20 AM | Report Abuse
who decide the value ? Valuer or Auditor ?

What was the valuers valuation for AAGL and AAB ? Acquired at premium or discount ?

Ok then talk next quarter.
Repost:
30 September 2024: 30 June 2024
USD/MYR
Average rate 4.4566: 4.7323
Closing rate 4.1065: 4.7205

Quarter ended 30 Sep 2024
Foreign exchange gain/ (loss)
Realized: RM 74,800 000
Unrealized: RM 2,195,000,000

So if 30/12/2024 USD/MYR ended at 4.50 what will be the Foreign exchange losses?

Not forgetting
As at 30/9/2024
CapA net current liabilities is RM (11,237,082,000)
Hope everyone know what current mean.

"Huge" lease payments and deferred lease payment to lessors.
The above huge mean:
Lease liabilities
The lease liabilities amounting to RM15.9 billion includes deferred aircraft leases of approximately RM1.0 billion (after the issuance of Revenue Bond to restructure deferred lease of approximately USD 243 million) The lease liabilities are supported by ROU assets of RM12.1 billion.

Repost:
9 months ended 30/9/2024
RM '000
Cash generated ftom operation 2,365,608
Net cash generated from operating activities 2,162,677

So is cash flow enough to pay what Stony reply in AGM minutes?
The majority of the liabilities of Aviation/AAX are lease liabilities of RM20 billion that will be repaid over the tenure of lease ranging from 12 to 18 years.
Current lease liabilities of RM5 billion represent lease payment due within 12 months and will be serviced by operating cash flow for the next 12 months.
Aviation is expected to generate positive cash flow to service its liabilities going forward, that is supported by valuation of both AAB and AAAGL under the DCF method

Or
Cash flow from financing activities
RM '000
Proceed from borrowings 1,551,768
Repayment of borrowings (524,519)
Repayment of lease liabilities (2,621,956)

Stony never know how to make money flying people all this while it is about booking big quantity of airplane at disccount price and then formed wholly owned leasing company to lease airplanes to JV and charged JV high management and airplanes lease fee (AA Japan bankrupt, AA India sold to JV partner, AA Thai restructure and sold to AAV, AA Philippine Stony bailout local JV and AA Indo still waiting for restructure) and then sold the airplanes to other lessors (under sold and lease back) report big earning with big dividend back to Stony.

And the cycle repeat again unfortunately covid-19 disrupt the cycle and capA laden with "huge" lease payments and deferred lease payment to lessors.