Aiyoyo Mike-tikus go every forum also must ptomote his jaks with his half past six figures as facts.

Can it be because no LTIP free share grant like jaks?

Can someone ask YTLpower to take legal action against Mike-tikus for libel/slander and blantant misinformation?

Hoho very interesting on 4QFY24 Window Dressing:

PBT RM 1239 million - RM 1060 million ( increased of Borrowings) - RM 202 million ( fair value gain from Ranhill acquisition ) =
-RM 23 million

👍👏👏👏

Aiyoyo Mike-tikus pandai slander mana ada facts and figures.

For a Singaporean where land is limited and valuable thus shape their view land is value.

For a Malaysian or Indonesian land that cannot generating incomes is a liabilities and the value is how much that land can generating incomes.

Not very sure of 2% tax on cash dividend only or also include DRIP.
By the way 2% dividend tax only apply if your dividend income per year is more than 100K.

My dividend income more than 200k so next year maybe I need to sell some share before the dividend ex date to reduce my dividend income.

Is Mike-tikus trying to say Jaks price will be pressed down further in preparation for another round of PP?

The fact I am shareholder of Yinson and RHB.
For Yinson I did not applied to convert my cash dividend to shares hence received the cash dividend in my Maybank account. For RHB I applied to convert my dividend into RHB share.

Hence DRIP is not automatically reinvests dividends to purchase additional shares of a security. You need to apply or else the cash dividend will be credited to your bank account.

USD Billion
FPSO Anna Nery HY (SOV) Brazil 5.7
FPSO JAK IG Ghana 1.8
FPSO Helang IG Malaysia 1.1
FPSO AJ - Nigeria 0.8
FSO PTSC Bien2 Sov Vietnam 0.1
FPSO PTSC Lam3 Sov Vietnam 0.006
FPSO Agogo IG Angola 5.4
FPSO Maria Quitéria HY (SOV) Brazil 5.3
FPSO Atlanta - Brazil 2.2
Total 22.2

Yinson :
FPSO Jak : 74 %
FPSO Helang : 100 %
FPSO Abigail : 100 %
FPSO Anna Nery : 75 % ( recently is reduced to 64 % , 1st oil on May 2023 ) .
FPSO Atlanta : 100 % ( initial 1st oil is scheduled by Feb 2024 .. then August 2024 .. then ?? )
FPSO Maria : 100 % ( 1st oil on October 2024 )
FPSO Agogo : 100 % ( still in Construction, 1st oil is scheduled by early 2026 )
FPSO Lam Son : 49 %
FSO Bien : 49 %

So Mike-tikus the facts and figures guy what will be the revenue and result of:
FPSO Maria Quitéria : 100 % ( 1st oil on October 2024 )

And by the way where you get the information Atlanta initial 1st oil is scheduled by Feb 2024 .. then August 2024 .. then ??

Agogo Firm backlog (15 years) : USD 4.6bn | Option backlog (5 years): USD 0.7bn
Atlanta Firm backlog (15 years): USD 1.7bn | Option backlog (5 years): USD 0.4bn
Maria Quiteria Firm backlog (22.5 years): USD 5.3bn | Option backlog: -
Anna Nery Firm backlog (22.5 years): USD 5.7bn | Option backlog

Aiyoyo Mike-tikus do not know you can either opt for cash dividend or dividend reinvestment plan.
Jaks AGM already approved dividend reinvestment plan but so far satu biji telor pun tak ada tapi minta duit dari investors or shareholders banyak pandai PP or RI.🤣🤣🙄

Aiyoyo Mike-tikus your jaks now is at which point? 3, 4 or 5?

Aiyoyo Mike-tikus you need to dig harder on what are Yinson hidden risks

I trade some stocks to get free bintang beer just small amount.

Still book lose.

Have some.

I need Mike-tikus to dick out more dirt of Yinson and hopefully I'm able to collect more Yinson cheaply as what I did with jayatiasa.

Aiyoyo Mike-tikus know what is the different between insas RI of RPS with free warrants vs Jaks RI of warrant and Jaks shares?

Hint Jaks love free money whereas Insas RPS with free warant is to reward shareholders.

Jaks and Yinson all those foreign assets and liabilities in USD will be restated in MYR using the latest USD to MYR exchange rate.

Till then jaks will be asking money from investors and shareholders with PP and RI.

So Mike-tikus get ready your money as jaks love free money.

Most likely if JHDP still in operation then after 2030 JHDP should have enough FCF to pay dividend to shareholders.

Then again who know the China JV partner will behave like insas Ah Thong hoarding all the cash and pay small amount of dividend.

PAA and IAA need proper recapitalisation and facing fierce competition with local LCC.

CapA should do well from now on.
The question is AAX able to generate enough cash flow to pay the debts and lease liabilities?

The competition among the LCCs is almost like the survival of the fittest.

CapitalA replied on my clarification questions.

I had done my part as shareholder to the extent of seeking clarification if the answers given by the BOD on AGM questions is not clear to you.

As shareholder you have the rights to hold BOD accountable, responsible and answerable.

Clarification Question 5: With such low numbers of class A and B shares issued and outstanding, is the merger with CAPI still feasible and possible?

Response: We have recently announced the termination of the BCA, for detailed information regarding this recent development, please refer to this link.

Clarification Question 3: The Group paid USD16 million to acquire 60% PAA from JV local partner F&S Holdings, Inc and resulted in a total of approximately RM 2.3 billion net liabilities was transferred from PAA to the Group/negative equity from Non-controlling interest was transferred to shareholders’ equity and yet the transaction valuation percentage ratio falls within the range of 2.24%. External Auditor please kindly show the calculation how you get this 2.24% valuation ratio?

Response: The calculation is in line with Bursa Malaysia's MMLR requirements, and the detailed computations were submitted to Bursa Securities for their review and approval. This ensures that the transaction has been properly evaluated, and our disclosures are fully compliant with the applicable regulatory standards.

Clarification Question 4: RAMON ROYANDOYAN, Nikkei staff writer July 3, 2024 09:35 JST
MANILA -- Philippine budget airline Cebu Pacific is set to buy up to 152 Airbus jets for $24 billion to expand its fleet and meet recovering demand for flights.
BOD, how is PAA going to compete with the financially stronger and fast expanding Philippine budget airline Cebu Pacific and turnaround PAA?

Response: PAA is focused on leveraging its strong brand presence and operational efficiencies to remain competitive. Our strategic positioning within the Asean market, combined with targeted improvements in cost management and customer service, supports our confidence in PAA's ability to compete effectively and contribute positively to the Group's long-term growth.

Dear Lee Soon Sheng,

We would like to confirm that all the questions you raised concerning the Extraordinary General Meeting (EGM) held on October 14, 2024, by Capital A Berhad have been fully addressed during the meeting. Please find responses to the follow up questions in relation to the Annual General Meeting (AGM) held on June 13, 2024.

Follow up clarification:
Clarification Question 1: External auditor, are the answers given on above implied as long as lessors agreed to roll over unpaid lease payment due then the income statement (P&L) accounting recognised only RM 2,445,438,000 (interest on lease, depreciation on Right of Use assets and short term lease expense) instead of the full amount Financial Year Ended 2022 current lease liabilities of RM 4,340,844,000?
Clarification Question 2: Isn’t that distorted the financial income statement and the profit/(loss) for Financial Year Ended 2023?

Response: The financial statements follow the accounting standards under IFRS 16 Leases, which require the recognition of lease liabilities and corresponding Right of Use (ROU) assets.
This treatment is consistent with accounting standards and to provide a clearer picture of the company’s financial performance over time, rather than distorting it

By the way Yinson green energy (solar plant) should start contribute to Yinson top and bottom line.

USD Billion
FPSO Anna Nery HY (SOV) Brazil 5.7
FPSO JAK IG Ghana 1.8
FPSO Helang IG Malaysia 1.1
FPSO AJ - Nigeria 0.8
FSO PTSC Bien2 Sov Vietnam 0.1
FPSO PTSC Lam3 Sov Vietnam 0.006
FPSO Agogo IG Angola 5.4
FPSO Maria Quitéria HY (SOV) Brazil 5.3
FPSO Atlanta - Brazil 2.2
Total 22.2
22.2 billion firm income till 2048.

So Mike-tikus is jaks 25 years JHDP power plant more risk and uncertainty compare with Yinson?

Posted by Johnchew5 > Oct 24, 2024 5:54 PM | Report Abuse
Hoho order book value until 2048 …too much variance n uncertainty, focus back to my earlier posted queries…

Aiyoyo Mike-tikus the answer or question could it be because Jaks issue PP at lower and lower price with discount to market price?

By the way it look like after PP shares listed sharks will push jaks up a bit for PP subscribers to sell their shares.

Have you wonder total 6 PP but yet no one become a substantial shareholder (5% shareholding)?
And each PP ALP will get his LTIP free share grant.

Posted by Johnchew5 > Oct 24, 2024 5:09 PM | Report Abuse
Hoho just see yr post .. Why investors keep interested in Jaks PP … as Hexcap n Binacom no investors interested on both PP !

Yinson instead of bond should has done RI of RPS (7-9% interest) with free warrants to reward the shareholders.

Aiyoyo Mike-tikus still die die also must promote jaks and don't know Jaks cash flow is negative and needed yearly RI or PP for working capital and loans repayment.

Yinson price can't move until Yinson can show the FCF which will be soon.

So in summary Jaks is a gruesome stock🤮

Mike-tikus mind also put in what 3iii highlighted about jaks?

The only reason why YINSON share price increased by 15% is because of SBB. Without it the Price should had tested the 52 weeks low of RM 2.25

Philip ( buy what you understand) John, any reason why yinson share price today from 7.5b market cap increase to 8.6b during this period ? how come with all the uncertainty sumitomo group and kawasaki invest USD 50 million into Yinson FPSO? if you want to post "facts" and "figures" at least can be transparent and share full story instead of the perspective you want to display. after the article you shared was done, YINSON share price increased by 15%? something wrong somewhere..

The best story is Jaks,
ALP show he can't pay you back your money but still so many suiyees (Mike-tikus alike) like to give their money to Jaks (endless RI and PP)

Once upon a time many investors were begging Bernard L. Madoff Investment Securities LLC to take their money as Madoff show he can pay back their investment with handsome gain.

As of what happen after that is a history similar to Serba.

Bruit Island is an island in Daro District, Mukah Division, Sarawak, Malaysia. It is located in the Rejang Delta, 150 km northwest of Kuching. With a population of around 9,342 and an area of 417 square kilometres
Island land area 41,700 hectare

21,000 hectare jtiasa plantation:

Land area
Planted area
Hectare
Wealth Houses Plantation 6,000 5,757
Eastern Eden Plantation 10,000 8,580
Poh Zhen Plantation 5,000 2,933
11/09/2024 11:19 AM

FYE 30/6/2024 Jayatiasa acquired 55% Stake in Wealth Houses Development (land owner) for MYR52 Million

Repost:
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ 12 months FYE 30/6/2024

INCOME STATEMENT
Revenue 1,015.8 m
Gross Profit 305.7 m
Operating Profit 227.2 m
Finance costs 18.5 m
PBT 206.6 m
Net Profit 141.1 m

BALANCE SHEET
NCA 1,595.6m
CA 395.7m
TA 1981.3m

CL 141.9m
NCL 175.6m
TL 454.2m

Equity 1,527.1m

Cash & Eq 283.0m
STL & Borrowings 57.7m
LTL & Borrowings 136.6m

Net Asset per Share 1.58
No of ord shares 967.991m

CASH FLOW STATEMENT
PBT 206.6m
D&A 137.7m
OCFBWCC 395.9m
CFO 391.8m
NCF from operating activities 360.0 m

Acquisition of subsidiaries (52.3m)
Acquisition of PPE (49.3m)

Dividend paid (40.7m)

FINANCIAL INFORMATION
JTIASA
Share price 1.070
Market cap 1.042b
ROE 9.14%
P/B 0.68
NTA 1.58
EPS 14.44 sen
PER 7.41
DPO policy 20%
Dividend 3.2 sen
DY 2.99%

FCF 307.4m
10/09/2024 4:13 PM

Jayatiasa plantation EBITDA for FYE 30/6/2024 is RM 414 million.

Segmental Information
The financial information in respect of the Group’s business segments for the current financial year
ended 30 June 2024 is as follows:
Oil Palm Timber Others Elimination Total
RM'000 RM'000 RM'000 RM'000 RM'000
REVENUE
External 957,886 56,589 1,317 1,015,792
Inter segment 720,949 83,663 3,320 (807,932) -
Total Revenue 1,678,835 140,252 4,637 (807,932) 1,015,792
EBITDA 414,132 (20,520) (1,598) - 392,014
Finance cost (9,998) (8,352) (111) - (18,461)
Depreciation and amortisation (125,588) (10,067) (2,051) - (137,706)
Segmental result 278,546 (38,939) (3,760) - 235,847
Group admin and overhead cost (27,064)
Other expenses (2,190)
Profit before tax 206,593

How and when Stony going to turnaround BigPay?

A summary of the key financial performance of the BigPay and its subsidiaries
(“BigPay Group”) for the past 3 financial years up to the FYE 31 December 2023 is set out below:
AuditedFYE 31 December
(a)2021 (a)2022 (a)2023
RM’000 RM’000 RM’000
Revenue 20,879 30,036 46,010
PBT/(LBT) (138,807) (133,741) (103,881)
PAT/(LAT) (138,807) (133,763) (103,881)

Aiyoyo Mike-tikus, I am pulling Philip's leg and you are the one bites his leg.

My opinion still remain the same. No one can create money out of thin air.

I had done my part with questions to BOD and am waiting to read their answers once the EGM Q&A is published in their website

Since I am no more a shareholders of AAX and CapA thus I reserve my opinion to myself and wish everyone best of luck.

Plantation is all hard work facing yearly increasing cost and profitability depend on FFB production and CPO market price.

There will not be any more new land opening for plantation and plantation companies have to increase productivity by better plantation management and replanting with high yield planting material.

The demand for palm oil will increase as population increase as food and oleochemical (home care, personal care, plastisizer and etc)

Agogo Firm backlog (15 years) : USD 4.6bn | Option backlog (5 years): USD 0.7bn

Once Agogo hit first oil in Q1 2026. Yinson FCF will be plentiful.

Aiyoyo Mike-tikus I ask you question on Yinson and you are the one die die also must promote your Jaks every where you go non-stop with your half past six figures and facts.
By the way interest is tax deductable.

Posted by Sslee > Oct 23, 2024 5:48 PM | Report Abuse X

The notes are fully amortising with a maturity of 18.2 years and were priced at a fixed coupon of 8.947%, payable semi-annually starting on 31 July 2024.

Yinson used 18.2 year bond to finance Anna Nery Firm backlog (22.5 years): USD 5.7bn | Option backlog: -

Whereas jaks JHDP use 10 years term loan to finance a 25 years Power plant.

So which company will face cash flow problem and which one will have plenty FCF to reward shareholders?

Mike-tikus punya facts:
Jaks is with cost RM 4.0 million per 1 MW ..
Whereas MIDF Research an article on LSS4 with cost RM 2.0 million to RM 2.5 million per 1 MW .. with tender tariff as low as RM 0.14 per kWh .

Jaks 50MW LSS4.
1.) QR ended September 2023 :
Revenue : 3.3 Million , Loss ( RM 1.4 Million)

2.) QR ended December 2023 :
Revenue: 4.3 Million , Loss ( 0.4 Million )

3.) QR ended March 2024 :
👉Revenue: 5.3 Million , Profit RM 0.96 Million … 18%

4.) QR ended June 2024 :
Revenue : 4.8 million, Profit RM 0.4 million.. 8.33 %

👉( Note : Loss is due to Depreciation.) Profit is before tax. After tax profit apa pun tak ada.
Capex = RM 200 million

@TheContrarian,
Sudden spike on CPO price and Mike-tikus run to Yinson to bite Philip leg instead of at plantation stealing palm fruits cause Jayatiasa to spike up 7 sen.

Hope more to come.

Market Information
Market Data Overview
Market Data Overview
As at 23 Oct 2024 05:04 PM
Prices are delayed by 15 minutes

Derivatives
Night & Day Session
Night Session
NO NAME MONTH LAST DONE CHANGE VOL (`00) OI
1 FCPO Jan 2025 4,486.0000 +100.0000 48,325 132,141
2 FCPO Dec 2024 4,512.0000 +101.0000 10,171 55,600
3 FCPO Feb 2025 4,441.0000 +96.0000 8,610 31,525
4 FCPO Mar 2025 4,392.0000 +93.0000 8,558 30,163
5 FKLI Oct 2024 1,642.0000 - 3,418 42,657
6 FCPO Apr 2025 4,336.0000 +86.0000 2,842 18,067
7 FCPO Nov 2024 4,560.0000 +110.0000 2,831 17,932

By the way Mike-tikus from where you get the information or did ALP told you JHDP started paying Dividend from yearly to Half year as at June 2024?

The notes are fully amortising with a maturity of 18.2 years and were priced at a fixed coupon of 8.947%, payable semi-annually starting on 31 July 2024.

Yinson used 18.2 year bond to finance Anna Nery Firm backlog (22.5 years): USD 5.7bn | Option backlog: -

Whereas jaks JHDP use 10 years term loan to finance a 25 years Power plant.

So which company will face cash flow problem and which one will have plenty FCF to reward shareholders?

Aiyoyo Mike-tikus did not know the LSS4 IRR is a poor single digit?
And coming quarter due to raining day will Jaks LSS4 50MW report a lose making quarter?

Is TTB now saying he paid COL the 2021 dividend by mistake?
Can someone ask TTB to file a legal claim to COL to pay back the 2021 dividend?

Ann. Date
Ex Date
Type
Subject
Amount
22-Oct-2024 05-Nov-2024 DIVIDEND Interim Dividend (with Dividend Re-Investment Plan) RM 0.1041
18-Nov-2021 17-Dec-2021 DIVIDEND Special Dividend RM 0.2000
22-Aug-2013 17-Sep-2013 DIVIDEND Special Dividend RM 0.095