How can strengthening of RM good for our export oriented economy?

What I bough yesterday:

Buy 05/08/2024 07/08/2024 INSAS 80,000 0.991600 79,569.83
Buy 05/08/2024 07/08/2024 JTIASA 100,000 0.998500 100,229.59
Buy 05/08/2024 07/08/2024 LBS 40,000 0.605000 24,292.76
Buy 05/08/2024 07/08/2024 LTKM 20,000 1.325000 26,601.20
Buy 05/08/2024 07/08/2024 PANTECH 110,000 0.970500 107,054.16

Today will be another big discount sales day. Will wait and only pick some in the aftetnoon.

When Dk is subscribing for the private placements Mike-tikus telling every Tom, Dick and Harry that his TA told him 18 sen is the floor and promoting and chase high up to 24 sen.

Mike-tikus look into Jaks' solar panel as mirror and saw a 🐀.

JAKS Solar Power also participated in the Corporate Green Power
Programme (CGPP) with multiple partners and was successfully selected as a solar power producer with a capacity of 29.99MW on 7 August 2023, together with two other consortium partners. JAKS Group has a 51% stake in the Consortium. At present, the Consortium is undergoing the approval process to participate in Single Buyer’s New Enhanced Dispatch Arrangement (“NEDA”) programme. The construction works for this project is expected to commence by end 2024 and scheduled for commercial
operation by end 2025. (Page 15 of AR2023)

A) What is the expected development cost to be contributed by JAKS for
the new project under CGPP?
B) Considering JAKS's current negative net cash position, how does the Group plan to finance the funds required for this project?

A) The total development cost for the project is being worked out currently and estimated at approximately RM130.0 million, funded by a combination of debt and equity, of which JAKS’ portion is estimated to be between RM15.0 – RM20.0 million.

B) The funding plan includes internally generated funds such as dividend received from our oversea operations, JAKS Hai Duong Power Limited Co

Mike-tikus look into Jaks' solar panel as mirror and saw a 🐀.

My today picking:
Jayatiasa, Pantech, LTKM, LBS and Insas

Repost:
So jaks directors no money to exercis the LTIP share option but happily accept the LTIP free shares grant of total 174,155,000

LTIP Options granted 160,664,000
LTIP Options exercised 17,115,000

LTIP free share granted 174,155,000

Based on the total number of issued Shares of 2,369,850,544 as at LPD.
Since the Effective Date up to the LPD, the Company had granted 174,154,760 Shares pursuant
to share grant plan of the LTIP in the following manner:
Eligible person(s)
Total number of Shares granted
pursuant to share grant plan
(‘000) (i)%
Directors 120,456 5.08
Key senior management 47,913 2.02
Other eligible employees 5,786 0.24
Total 174,155 7.34

Interest to see whether Philip top up any of his favorite stocks during discount day sales like today?

Still q buy ay 0.995

So jaks directors no money to exercis the LTIP share option but happily aceept the LTIP free shares grant of total 174,155,000

LTIP Options granted 160,664,000
LTIP Options exercised 17,115,000

LTIP free share granted 174,155,000

Based on the total number of issued Shares of 2,369,850,544 as at LPD.
Since the Effective Date up to the LPD, the Company had granted 174,154,760 Shares pursuant
to share grant plan of the LTIP in the following manner:
Eligible person(s)
Total number of Shares granted
pursuant to share grant plan
(‘000) (i)%
Directors 120,456 5.08
Key senior management 47,913 2.02
Other eligible employees 5,786 0.24
Total 174,155 7.34

Mike-tikus,
Can you show me the link for below.
Or is it another fake create by you?

2 ADDITIONAL DETAILS OF LTIP OPTIONS
Since the Effective Date up to the LPD, the Group has raised total proceeds amounting to
RM20.47 million from the exercised LTIP Options. The Group has utilised the proceeds raised
from the exercised LTIP Options for working capital requirements of the Group, in the manner
set out below:
Type of working capital RM’000

Payment to sub-contractors 14,000
Utilities 3,000
Payment of interest expense and bank charges 3,000
Office expenses 470
Total 20,470

This announcement is dated 27 March 2024.

It look like, I need to average down SCIB to 28 sen and then sell at 30 sen for my free Bintang Beer.

https://klse.i3investor.com/web/blog/detail/mswg_front_guard/2024-08-05-story-h-155948903

Mike-tikus know what MSWG talk about Jaks BOD?

https://klse.i3investor.com/web/blog/detail/mswg_front_guard/2024-08-05-story-h-155948903

Is that Jaks MSWG talking about?

Still waiting Insas below RM 1
Who put in big support at RM 1.02?

No hurry many more days for cherry picking.

Today top up jayatiasa and Pantech

YTL POWER INTERNATIONAL BERHAD
Interim Financial Report
31 March 2024
The borrowings which are denominated in foreign currency are as follows:
Foreign currency
RM Equivalents
’000 ’000
US Dollar 247,541 1,170,498
Sterling Pound 3,076,117 18,360,727
Singapore Dollar 695,275 2,435,687

All borrowings of the subsidiaries are on non-recourse basis to the Company save and except for borrowings totalling RM1,022.4 million, for which the Company has provided corporate guarantees to the financial institutions.

Berkshire's mounting cash pile could top $200 billion as Buffett continues selling stock
PUBLISHED FRI, AUG 2 2024 10:52 AM EDT

The one and only Warren Buffett is busy selling stock and our Warren Buffett wannable TTB in his 2023 prediction that the KLCI will hit 2,500-3,000 points in the next 3 to 5 years’ time. Who will be proven right?

Again this time more name dropping: Philip, 3iii, calvin, KYY, OTB, Victor Yong, Probability and who else next.

No wonder Philip wrote," Kid, go somewhere else loitering"

Warren Buffett dumped 55.8% of Berkshire Hathaway's holdings of Apple stock in the first six months of 2024, according to Reuters. In the first half of 2024, Berkshire sold 505 million shares — 115 million in the first quarter and another 390 million in the second quarter.

Warren Buffett also know when to take profit. Thus what is your excuse for holding stocks long-long and often quote *Investing should be like watching paint dry or watching grass grow. If you need excitement, you're in the wrong business.**" - Warren Buffett?

Mike-tikus is very good at name-dropping to get attention and then name calling others as con.

He just picked on Dragon328 for attetion seeking and Mike-tikus is financial illiterate. He can't even present any figures and facts. He is only good at cut and paste and not even understand what he post.

You can read what figures and facts did he posted to promote penny stocks Jaks and Priva.

Icapital top 5.
Will these stocks continues up come ended 31 AUG 2024?

FINANCIAL REPORT FOR THE YEAR ENDED 31 MAY 2024
Description of Investment Industry Shares (unit) Fair Value (RM) Fair Value as a Percentage of Net Assets (%)

Sam Engineering & Equipment (M) Berhad Industrial Products & Services 18,154,400 108,200,224 17.94

Kelington Group Berhad Industrial Products & Services 26,996,300 85,038,345 14.10

Padini Holdings Berhad Consumer Products & Services 17,006,700 64,285,326 10.66

Fraser & Neave Holdings Berhad Consumer Products & Services 1,061,100 34,613,082 5.74

Capital A Berhad Consumer Products & Services 36,854,100 31,141,715 5.16

Really tin-kosong repeat his posting like a broken record nothing new.
Why not do a comparision on all power generation stocks in Bursa and compare their EPS and PE?

My salarly is in USD so it is bad for me.
Next week will buy some chicken and egg producers stock.

As long as you know when to take profit and when to cut lose then you make your own luck.

Caught name-dropping again and this time even use my name of approached him in Netx on 2020.

Excuse me, a financial illiterate, name dropping attention seeker, thick face liar, slanderer, fake TA and FA pretender, troll, cut and paste like a broken record and posting gibberish in every forum and name dropping again "debated with DK66 private close group members with facts n figure" is he joking or what?

Since when has he ever post any figures and facts? He can't even understand jaks suffered from cash flow problem and depend on yearly PP or RI for working capital and loans repayment.
He keep promoting jaks day and night 24/7/365 non-stop with cut and paste misinformation for more than a year now.
He not even know what is MOU.

The currency profile of borrowings are as follows:
As at 31/3/2024
RM million equivalent
Ringgit Malaysia 1,597.7
US Dollar 2,338.4
Philippine Peso 72.9
Thai Baht 734.1
Indonesian Rupiah 37.3
4,780.4

And lease payment in USD and Fuel in USD.
With RM strengthen to 4.5 it is good to capA but will it be too litter too late?

If Dow Jones keep dropping then most likely this month will be a good month to employ my cash to cherry-pick some stocks.

Is another disappointing quarter for Harta and Pchem coming?

If only Mike-tikus TA boleh pakai then he would not have beed trapped himself in jaks for more than a year now?

And if his FA boleh pakai then only come back in year 2025.

It all depend on what crime did he committed and had he served his jail term.
But for crime committed against 12 year old girl and then be allowed to represent a country in Olympic is too much for public to stomach.

Please compare what are their total net current liabilities and total net assets/liabilities or total equity?

And know why capA is PN17 company?

Stony sold AA India to JV partner, allowed AA Japan JV partner to wind up AA Japan and rescue AA Philippine by bought over 60% JV partner shares.

He forced AAX's creditors included flight canceled customers to accept payment of 0.1 sen for every Ringgit owed, capital reduction and 10 to 1 share consolidation.

He is about to bankrupt AAX by transfering AAAGL and AAB with total borrowing and lease liabilities amounting to RM 23,271,794,000 to AAX in the name of business turn around and getting CapA out of PN17.
May god blessed AAX and capA.

Is he trying to say a fuel expert , USD expert or aviation expert will know exactly what will be the fuel price, USD exchange rate, passangers carried trending for the next 1 to 5 years?

If such a guy exist he much be worth trillion.

I am chemical engineer by profession. I took a short course accounting for non accountant to better my understanding on financial accounting.

I am eager to learn and jave no hestitation to ask and seek clarification if answers given is not clear to me.

Question 23: External Auditor, by acquiring the 60% PAA how many billions net liabilities was transferred from PAA to the Group and how many billion negative equity from Non-controlling interest was transferred to shareholders’ equity?

Answer: A total of approximately RM 2.3 billion has been transferred as a result of the acquisition

Question 25: Referring below link:
PART D – ACQUISITIONS AND DISPOSALS
https://www.bursamalaysia.com/sites/5bb54be15f36ca0af339077a/content_entry5ce3b50239fba2627b2864be/5ce3b5c439fba264f32eb401/files/MAIN_Chap10_COI_Ors__26May2023_.pdf?1685095256
External Auditor is acquisition of 60% PAA valuation percentage ratio below 5%, above 5% but below 25% or above 25% as defined by above Bursa Chapter 10: Transactions?

Answer: The valuation percentage ratio falls within the range of 2.24%, this aligns with the criteria outlined in Chapter 10: Transactions of the Bursa Malaysia Listing Requirements

Follow up clarification:
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?

Question 21: BOD, previously the Group sold India AA to local JV partner and allowed Japan AA local JV partner to wind up Japan AA. What are the reasons the Group paid USD16 million to acquire 60% PAA (Red flagged by external auditor Isla Lipana on “material uncertainty” exists on its ability to continue as a going concern) from JV local partner F&S Holdings, Inc?

Answer: The acquisition of a majority stake in Philippines AirAsia aligns with our Group's strategic focus on the Asean market, where the Philippines has long been recognised as one of our core and strategic market that holds significant growth potential within the region. Despite the challenges highlighted by the external auditor, we firmly believe in the long-term viability of the Philippine aviation industry.

Rest assured, the decision to acquire PAA was made after careful consideration and thorough due diligence, taking into account both the opportunities and risks associated with the investment.

Additionally, post-acquisition, we have gained a 35% market share in the Philippines market. We are confident that the acquisition of PAA will continue to contribute positively to our Group's long-term growth and value creation for our shareholders.

Follow up clarification
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?

I drop in a question on the online query box and that question answer was not in the AGM minutes: Will BOD kindly answer that question:

From Aetherium Acquisition Corp Form 10Q:
As of March 31 2024, there were 528,500 shares of class A common stock issued and outstanding, excluding 2,991,003 shares subject to redemption.
On May11, 2021, the sponsor purchased 2,875,000 founder shares (Class B common stock issued and outstanding) for an aggregate purchase price of USD 25,000.

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

Many companies with ESG score and now those companies committed to net zero by 2050 is currently using their 2021 CO2 emission data and need to reduce CO2 emmission by 30%-40%+ by year 2030. Thus these companies are now looking at more and more motors, control systems, heating, cooling system and etc that use less energy or on renewable energy as subsitute.

As of Data center business, who will be the clients, who will be the end users that going to pay forbthe rents and who will be the competitors?
Remember during covid every Dick and Harry rush in to build glove factories and what follow is history.

As of electricity pricing in Singapore is base on demand and supply and demand surge due to new Data Center coming to Singapore but do you believe an efficient Singapore Government will allow this mismatch to perlong forever?

YTLPOWER at current price what is the risk and reward ratio?

Know how much Jaks issue LTIP free shares grants? And did you see Mike-tikus make any complain?

Mike-tikus beside financial illiterate, he can't even do addition. Or is he do it in purpose with bad/evil intention?

The question will there be too many LCC airlines with capacity expansion chasing the same customers?

And how capA with billion in current lease liabilities RM 5,985,234,000 and current trade & other payables RM 4,023,726,000 compete with other LCC?

Mind sharing where you get the data Total EX ESOS volume = 99,009,140 shares?

Capital A’s financial performance is bouncing back:
Operating Cash Flow: In Q1 2024, the company generated MYR 789.22 million, showing strong recovery from the pandemic downturn​.

The Operating Cash Flow: In Q1 2024 MYR 789.22 million. So just enough to pay repayment of lease liabilities RM(726.42) million under cash flow from financing activities.

As at 31/3/2024 the current lease liabilities is RM 5,985,234,000

So Q2 what will be the repayment of lease liabilities RM XXX.XXX million under cash flow from financing activities?

Mike-tikus not even know what is FCF of jaks but that did not stop him from promoting Jaks day and night 24/7/365 non-stop for more than a year now.

He is good at copy and paste and posted his gibberish.

To some it is 7 foot hurdle to other it is low-hanging fruit so to each his own.

Who do you think is the winner is this deal?

The divestment of AirAsia Aviation Group Ltd (AAAGL) is expected to give rise to a pro forma gain of RM4.69 billion to Capital A, while the disposal of AirAsia Bhd (AAB) would result in a gain of RM6.07 billion.

The shareholder expresses concern that the deal might be a zero-sum game, where what The Group gains is AAX's losses. Specifically, AAX is expected to take on total borrowing and lease liabilities amounting to
RM23,271,794,000 with gearing of 23.96 times. Could you elaborate on how these liabilities will be managed and mitigated?

AAX had proposed to acquire the aviation business for RM6.8 billion. It planned to issue new shares worth RM3 billion — 2.31 billion shares at RM1.30 each — to acquire AAAGL

So the acquisition only value AAX at RM 1.30.
What will AAX price movement today?