Believe price will push up, then take up another 10% Vietnam power plant, future will be “Tokong”

Getrich1b: your news very chun, what is the big news?

If there are big news coming, I long to see Jaks limit up.

Jaks surely moving forward, there are many obstacles(short seller), let’s kill all of them now.

Get ready train is moving, coz EPF start buy in large quantity. Believe other financial also eyeing, once volume hit 10m and above, price will go further.

https://klse.i3investor.com/blogs/OoiTeikBee/2019-12-31-story-h1481978955-Jaks_We_buy_Jaks_because_of_its_Hai_Duong_power_plant_in_Vietnam.jsp

Good Qr result & Good news is coming, believe will go further to 72cts in near future

Good analysis BursaRanger, Believe Jaks is on uptrend mode.

Investors/IB is collecting this counter, believe can advance much further

Jaks property can list its property trust/reit, for focusing on power business

Good prospect on Jaks as the RE energy, power plant & solar is rolling on, at 48/49 cts is one of the cheapest counter, high potention for good investment returns.

EPF disposal is to fund I-sinar withdrawal. No to worry, once PM is confirmed, it will start rocketing.

Jaks already hit the bottom, now is time rebound & bullish

I believe & buy jaks basically:
Jewel
1) Vietnam Power Plant,
2) 50 mw Solar energy,
3) Sabah RE Opportunity, &
4) Golden triagle property in PJ, this property is situated at PJ fast pace develpment centre.

I guess they expect price will be soften upon PM resignation over week end, can pick up lower pricevsubsequently.

Article in 2019, outdated info

IJM recently sold off its plantation division, got substantial amount of money to look for opportunities. With >Rm 500m can obtain 51% shareholding.

Jaks price stay at this level may spark big fish to swallow

Jaks Resources Bhd - Turning the tide
Author: MalaccaSecurities | Publish date: Thu, 29 Jul 2021, 10:14 AM

Summary

JAKS Resources Bhd (JAKS) has succeeded in the appeal against the High Court decision to pay damages to Star Media Group Bhd (STAR) in relation to the latter’s corporate guarantee claim. The claim is in relation to the balance purchase price of RM134.5m for the sale of a piece of land in Section 13, Petaling Jaya from STAR to JAKS.
Recall that STAR filed the suit against JAKS on 30th April 2019, claiming RM134.5m in balance purchase price, along with late payment interest of RM50.5m. JAKS undertook the development of Pacific Star on the land, which includes a 15-storey office block (Tower A), but missed the deadline to deliver the tower to Star Media after a delay of 28 months.
While there will be no financial impact on JAKS, we view the matter to be favorable to restore JAKS reputation amongst investors after being clouded by uncertainties over the past 2 years amid concern over potential impairments from the aforementioned matter. Moving forward, JAKS will continue to focus on current operations as well as business expansion plans, particularly in the power and renewable energy business segment.
On the Vietnam power plant operations, the balance RM81.7m EPCC works will be recognised in subsequent quarters, while the local construction orderbook of RM232.6m (as of 1QFY21) will sustain revenue visibility till 2022. Under the prevailing situation, we understand that the construction and property sector is expected to remain beset by temporary halt in work orders until Malaysia’s economic activities gradually return towards pre-Covid levels.
Still, we expect the Hai Duong power plant to be the main profit driver over the foreseeable future, which will cushion the other segment’s weakness. After a washout year in FY20, we expect JAKS to remain profitable in subsequent quarters.
On LSS4, construction works is expected to commence in 2022 and expected to be operational by 1Q23. Upon completion, we have penciled mid-high single digit IRR, which will see net margins between 10-15%.
Valuation & Recommendation

Given the favourable outcome in overturning the High Court decision, we made no changes to our earnings forecast, pending the upcoming quarter results (2Q21) to be release tentatively by end of next month. Therefore, we maintained our BUY recommendation on JAKS, with an unchanged target price of RM0.72.
Our target price is derived by sum-of-parts (SOP) approach as we ascribed a target PER of 9.0x to both its construction and property development segments, based on their potential earnings contribution in FY22f. Meanwhile, we valued both its concession businesses (thermal power plant and LSS4) on a discounted cash flow approach.
Risks to our recommendation and target price include lower-than-expected utilisation rate or unexpected increase in overhead cost in Vietnam IPP project. Failure to meet our construction orderbook replenishment assumption of RM100.0m per annum. The Vietnam operations are denominated in USD whereby a firmer USD/MYR movement will be favourable and vice versa.
Source: Mplus Research - 29 Jul 2021

Average volume for pass one month is about 17m shares, believe is on the move to higher level

Pacific Mall is at PJ section 13, whole section 13 converted to light commercial, land price appreciate from Rm 90 Pdf (2005) to current >Rm600 psf, is petaling Jaya up & coming star city

Pacific mall is sitting on PJ golden triangle, value will continue to appreciate once pandemic end.

Jaks has Vietnam power concession in USD for 25 year with option to increase 10% to 40% share holding, further more coals supply prices is fix for 25 years. Good shelters for Covid-19 & political turbulence. Believe before Q results, price will move further.

Steady Punpipi: Vietnamese a lot steal elec and don't pay for elec...huge DEBT expected ...t c
That is nothing to do with power supplier, it is Vietnam national electric board problem. lol

Leno, theoretically & mathematically you may be right in certain way. But if are long in the market, stock may not work that way all the while, warrant will adjust as price go up. But certain counter may work otherwise, they press down warrant & force u to convert.

USD gone up, Vietnam locked down won’t affect so much. Believe can go up as what IB predicted.

Most of revenue is from Vietnam, minimum impact on local political crisis

Wish this q to hit 30m

Nice to have such a fantasy day dream. Hahahaha

Whatever comments there is no wrong & right, result is the final judge. Let’s see by End of August, results go south or go north, then we make a decision whom to trust!!

This counter looking brilliant

With RE on the card, Vsolar can easily push to few more cent higher

The moment of waiting is approaching

Buyer volume getting higher, good news coming?

When RE on solar project tender is awarded?

PP & ESOS price are 0.03 cts, now is half the price, believe surely will push up further.

Apple follow SD change their Auditor from KPMG To EY
https://www.reuters.com/article/apple-auditor-idUKN2737355620090227

Expect another round of surging, likely limit up

Another Chance fo buy

Let’s see tomorrow performance, hopefully can break Rm1

SD c17 & C25 become so attractive to buy in

Will stage rebound to pre crash level

Kasi limit up tomorrow

Now or never.

Insas, paper cash at bank/FD almost 1b, but 2021 right issue & raise fund, why???

What go up must go down, what go down will go up

Just like IPO price for SD

Likely rebound next level

If money siphone away, then MACC need to involve liao.....?

Likely to see limit up