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...

Jaks is better off just to maintain vietnam power plant and appoint a monkey as CEO with yearly profit of RM 150m. With so many failed business ventures, only get profit of RM 100m or maybe lesser.

I think now is lowerest for operators to collect and goreng one round. I think they will goreng to above 40 sen if history repeat.

Time to apply Warren Buffet's be greedy when others are fearful when all investors are losing moeny? To me jaks is speculative stock unless ALP proves otherwise...

The fear of Jaks would be which made price so depressed:
1. ALP poor business ventures both new and old ones. Obvious all his ventures failed except for Jaks Power Plant in Vietnam which is run by Chinaman not him.
2. Every year or endless PP or RI
3. Impairments of Receivables

creditors or investors accept the “ICULS” at RM 1.25 as settlement may mean price can hardly go below that. Any price around that price is a buy.

This year power play :
Toyoven - price goes up from 60 sen to RM 1.40 in few month times
YTL Power - price goes up from 66 sen to 85 sen
jaks - price at historical low. Current mkt cap = RM 400m. Power plant share of profit RM 150m per year + LSS4 profit (COD by 2nd quarter 2023) minus local business losses.

Bet not more than 20% of your funds at current price should be ok... I also think kitchen sinking exercise is almost done.

After operators collect enough, promoters will surface again, of course with difference names....

YTL Power, another value buy as current price still less than 86 sen?

At current price, how many investors will buy? What if the price shoot up to RM 1.20 in next few months, how many investors will chase?

@sslee, that is a risk of investing at lousy mgt that investors need to know. All those promising calculation by some really made a lot investors who lost heavily.

At current mkt cap of RM 400m, i will bet small. Has the kitchen sinking exercise almost done in you view?

by the time they announce financial close, price maybe already hit RM2. Retail investors may have to chase high which is risky.

Only those dare to bet when price at around 60sen will make a lot of money. Few months ago already got some indications that project is a go...

Better ALP not doing anything and retire and sell all businesses and just keep the power plant will do. With this, even you put a monkey as CEO of Jaks, company also can make RM 150m profit....

ALP treats all shareholders like water fish with endless PP and RI...with so many poor business decision as all businesses lost money except for power plant.


Current price can bet some as historical low with mkt cap of just RM 400m. Let say local business still bleeding RM 50m per year, still got RM 100m profit from power plant.

Price at 60 sen.... priced in the company is going to fail in its power plant. Price under extreme pessimism.
Price at 1.40 sen... priced in high chance to achieve financial close...
Financial close official announcement, price may break RM 2...

PECC2 is a subsidiary of Vietnam Power which is state owned.
Vietnam is in need of this power plant as they are still importing power from China and Laos.
Site compensation will complete it in the second quarter of 2023.

All these are positive signs. Share price up from 60sen to RM 1.40 in last few months. More news will be out in next few months.

PE only 7 now.

washing by operators...
current price look attractive unless very bad quarter. Bet small seems ok...

Project costs USD3.2 billion. 75% financed by debt ie around USD 2.4

In January 2021, TIGB has signed the Investment and Development Agreement (“IDA”), with China Energy Engineering Investment Corporation Limited (“CEEIC”) with the aim of providing a framework for the conditions precedent to investment and finalisation of the detailed terms and arrangements for the proposed divestment of TVHB’s equity interest in TIGB to CEEIC. However, in September 2021 during COP26, President Xi of the Republic of China made a speech to halt future investments in overseas coal fired thermal power plant. This resulted in definitive agreements with CEEIC put on hold.

In October 2022, TIGB and its wholly-owned subsidiary, Song Hau 2 Power Company Limited (“SH2P”) signed the Term Sheet for Key Commercial Terms in relation to the Engineering, Procurement and Construction, Commissioning and Start-Up of Song Hau 2 Thermal Power Plant Project with Power Engineering Consulting Joint Stock Company 2 (“PECC2”), a public listed company in the Socialist Republic of Vietnam. The Term Sheet set out all the negotiated terms and mutual agreement of the responsibilities of the respective parties and the conditions precedent, contract price, terms of payment and other terms of agreements. The signing of the Term Sheet demonstrates the commitment of TIGB to fulfil the requirements of the BOT Contract and sourcing project financing for the Power Plant Project so that the ground works at the project site can commence without further delay.

In November 2022, TIGB received a Letter of Interest from Export-Import Bank of Malaysia Berhad (“EXIM”) offering their services as Mandated Lead Arranger and Bookrunner (“MLAB”) and Coordinating Arranger (“CA”) for the Syndicated
Financing Facilities of up to USD2.42 billion for the Power Plant Project (“Proposed Financing”). EXIM shall in consultation with TIGB manage all aspects of the syndication process in relation to the Proposed Financing, including timing, the selection of potential financiers, the acceptance and allocation of commitments and the amount of distribution of fees to potential financiers.

In December 2022, TIGB and SH2P, collectively known as (“the Owner”) signed an Interim Engineering, Procurement, Construction and Commissioning Agreement (“Interim EPCC”) with Sunway Construction Sdn Bhd (“SW”/”Leader of Consortium”) and PECC2, collectively known as Sunway-PECC Consortium (“the Contractor”/”SWP2 Consortium”). The Interim EPCC set out all the negotiated terms and of the responsibilities of the respective parties and the conditions precedent, scope of work, procurement, site operations, contract price, terms of payment and other terms of agreements. This event signifies the commitment of the Owner to commence construction of the Power Plant in the shortest time possible, thus increase the certainty of the project materialising.

thanks durio for the power plant information.
Main point : Toyo representative said it is ready to pay the cost of site compensation and will complete it in the second quarter of 2023.

This forum is very quiet. Look like no one interested in pmetal which rebounded from RM 4 to RM 5.30, or 32%. This is far better stock to bet than other speculative stocks with its stable profit, cost leader and green tech bet.

No point to argue with this old man who like to argue and twist. Readers here can judge...

Yeah, firehawk.
I hope more can speak up.
The truth is jaks is traded at historical low and many poor investors have lost heavily with the promotions of TP of over RM 1.

Listen to Aseng promotor of Jaks last 2 years, many poor investors would have lost their pants many times.

Jaks is at its historical low price. Current price should have been priced in all negative news including bad mgt. Those who have yet to cut loss, should wait for price to recover. No way TP RM 1.5 is realistic after so many rounds PP and RI. Perhaps 50 sen is possible

perhaps sifu placed too much bet in risky bets like Henyuan in 2022. The result would be much better if limit the bet to 20% max as there is no sure win stock.

https://klse.i3investor.com/web/blog/detail/gambler/2020-05-24-story-h1507830782-ICAP_My_Mistake_Liquidation_may_not_even_happen_in_2025

Fat management fees :
Year 2022
Fund management fee RM 3,562,242
Investment advisory fee RM 3,562,242

Who are the winners?

On behalf of the Board of Directors of icapital.biz Berhad, we wish to announce that the Net Asset Value per share of icapital.biz Berhad as at 28 December 2022 is 3.27

current share price 2.00 is 60% below the Net Asset as at 28 Dec 2022 of RM 3.27 . SSlee should buy and prod the BOD to dissolve the fund and pay back to shareholders...

many funds which are run by old and outdated fund managers with fat salaries underperformed EPF over last 10 years

My pick for year 2023
Pmetal 15%
Kawan 15%
Mynews 10%
Myeg 10%
Airport 10%
Jaks 10%
Toyo 10%
Unisem 10%
Harta 10%

take some profit from Toyo, the rest of the shares are free shares after up 100%.

Dr M has destroyed the country jurisdiction system during his premiership in the past 20 years. He has stirred up racial issue for the past 70 years...enough is enough.

so far so good. Look like the power plant project will be on (the Company is currently finalising a contract in relation to its power plant project in Vietnam.), otherwise investors of RM 354 million will not want to settle for ICULS...

wow, up 100% in just a week..
Likely a good news coming as share price moving ahead of news

today up 18%, can get abalone not just Starbucks