The current shut-in and future reduced level of production, means that BBC revenue earned by AKPL will be reduced. Given the current uncertainties, the financial impact of this incident cannot be reliably estimated at this point, but is expected to be material for Bumi Armada.

Materials mean more than 10% of the profit...

Bumi mgt needs to shed more light on this matter in order to restore confidence as soon as possible.

those who interested have to buy have to prepare to hold for some time. Operators will not push up for those want to make quick contra traders last 2 days lah...

Plan to bet in 2 batches. One is 45sen(already done), another one is 40 sen, plus minus, if can get.
Fingers itchy as this price look cheap😅...

HL TP RM 0.54 by assuming 6 months shut down which is unlikely.
40-45 sen looks fair to me and worth the bet.
Panic sales should be over soon

a lot kena burnt this round by lousy mgt of Armada. They don't even have preventive measures?
is 45 sen low enough to buy?

Cannot sleep well for those who hold for 10 years looking at big discount and no buyer to buy if you have a lot of shares want to let go. The shares so liquid...TTB so thick skin to continue received fat advisory fee every year...

icapital.biz Berhad is certainly meant for the serious long-term investors, people who want to be able to sleep soundly at night and then wake up later to see their asset value has appreciated substantially.

@ i guess should include loss making Yes and other ventures to be more prudence. Digital bank may not give good profit. having said this, YTL still have potential to make RM3b per year by 2025...

ALP so thick skin what to do? share price not performing( at historical low) due to local business losses and high operating expenditure + endless impairment and PP still got face to get over RM 10m remuneration

Sslee
What margin call? He can just issue LTIP free grant Jaks share to himself.

Jaks will need to show they can delivery good profit and EPS, otherwise they cannot lure investors to invest. Investors looking at ALP new projects or ventures will be scared to death. LSS4 project secured at noncompetitive rate will be a failed project in view of so many times of PP if they can deliver less than RM 10m profit per year as it cannot even cover jaks operating expenses 1 quarter...

Those friendly parties to ALP who bought pp at 18.5 sen will be felt cheated if price lower than 18.5sen. How many times they can do PP, i wander...

Any weakness is a buying opportunity

It is better to forget adding jaks until more certainty even price at current historical low. It is not a good time to sell at current low price for those who already bought the shares.

Jaks fail to deliver good profit and cannot even make 1 sen EPS till now due to high number of shares issued. It needs to subscribe 10% Vietnam Power plant to cover RM 50m local operating expenditure per year, some of which is ALP and poor mgt team fat remuneration, interest, impairment etc

Thanks dragon...based on google search, the IRR ranged from 10%-18%...

What is the estimated profit for green data centre?
It is quite certain PowerSeraya will make explosive profit in next quarter due to hot weather..

How much 50MW solar profit per year for jaks? My estimate is only RM 12m-15m per year, the most. Given jaks poor mgt, it could be lesser

Thank you OTB and Hng33 for the information.

@hng33, the JV is jointly owned by Jaks and CPECC where Jaks only owned effective interest of 30%. How to use the cash to buy additional 10%?

i think YTL Power is far better bet than Jaks.

YTL Power Current Quarter EPS 6.71 sen Dividend : 2.5sen Current Price RM 1.30.

cannot even make 1 sen eps. ALP fat salary and incentive and LSS4 has made number of shares issued ballooned to over 2 billion. How much LSS4 profit can be? RM 10 million per year with capital of RM 200 million ?

Net profit RM 14 million not too bad. Solar project COD this quarter...

This ALP is king of PP...

2nd batch of PP price fixing?

epf started buying last week again...

Well said. ALP is the best in handling PP and RI in the world. Hopefully he will use the similar skill in managing Jaks local businesses which are all lost making

SarifahSelinder

Wish andy can match his skill in managing the company mcm his skill in managing the PP

should report very good results in view of Hume results lately

result should be out early next week...

Very greedy XXX....pressed until price so low to do private placement...

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING JAKS RESOURCES BERHAD ("JAKS" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF JAKS ("PRIVATE PLACEMENT")

We refer to the previous announcements and the circular to shareholders dated 10 February 2023 in relation to the Private Placement (“Circular”). Unless otherwise defined, the definitions set out in the Circular shall apply herein.



The Board of JAKS wishes to announce that the Company has appointed M&A Securities Sdn Bhd to act as the joint placement agent to facilitate the Private Placement exercise.





This announcement is dated 17 May 2023.

official financial close is imminent?

wow, jaks poor operators what to press some more not even bone left...

jaks operators are poor people, want to kill all billis first then goreng again

Public Invest Report: Hartalega, with a revised TP of RM1.69 (based on 27x CY24F EPS)

By shaving ~30% of its production capacity, this should help to ease the prevailing excess capacity condition in the market. On the flip side, it could also suggest that global demand is still weak with large scale Malaysian producers likely to operate at low utilization rate going forward. Should global glove demand recovers, we believe Chinese producers will continue to dominate and garner greater market share given their cost competitiveness. Nevertheless, the discontinuation of older facility should lead to lower operating cost in the near term. As such, we maintain our FY24-25F net profit forecasts.

short term : fund managers will continue buy low sell high...
Long term : Harta will emerge as winner...

Yes not sustainable (in short term at least). Intco loss around CNY150m last quarter. They still have a lot of bullet to fight mkt share in next 1 year at least.

Will buy back Harta if drop below RM1.90 :)

Top glove and others will continue to report losses in next 2 quarters at least. Price war is still not over...It will take more time for industry to consolidate.

I think the worst is over for harta after reading quarter report.
But not chasing on this goreng price. Have to wait for profit taking and mkt to cool first.

wow, up 17%...

This means HLIB TP RM 1.50 has not factored in revenue from 500MW green data centre yet which will be realised in next 5 years + .... We will see profit to grow every year in next few years.
---------------------------
On green data centre ventures, the management guided that the company had secured a total of 240MW worth of data centre jobs at the Kulai site which can house max 500MW capacity.

Details are a little lacking at the moment as to how much contribution this green data centre venture can potentially generate to YTLP.



That is the reason why most analysts have not factored in any contribution in their earnings projection and sum-of-parts valuation for YTLP

you are welcome dragon. Thanks for the highlight on YTLP. At current price, all shareholders who bought for past 1 year are making good profit. at 6% dividend in next few months with yield of around 6% for a growth stock like YTLP, where to find?

Investors starting to see and give valuation of YTLP as a growth stock...

Dragon, you can add me in i3 messenger and i will send to you. No able to copy and pass here.

not only good capital gain, also can expect 6sen dividend this year, giving yield of about 6%. Very hard to find such a good stock in Bursa.

Hong Leong Investment Bank Report today gives TP 1.50

mkt now starting to give growth stock valuation to YTL Power. Party just started, enjoy the ride. Growth catalyst : 500MW Solar Power Data centre for cloud and Singapore Power business will give them busy for next 5 years at least.

YTL Power has become a growth stock, thanks to its data centre, solar power and Singapore power.

Kyy was just a ikan bilis eaten by Jaks shark operators.

KYY and so many people got goreng until burnt. ALP is goreng king

start goreng? To me, Jaks is goreng stock...

They can only do this after pumping up shares so that they can sell higher for this round PP and buy back at lower price thru PP or RI in future...

This is what poor and lousy operators do in the past and future... Lousy management only good at print shares...