buy or sell to make profit is normal in share trading, nothing to hide

hahaha, i merely make clarification about wte, lss2 and lss3 here.

In LSS2, the 2 package is given to individuals company and another is 40% own by cypark. As these individuals companies have nil finance source to buit power plant, cypark act as financer to offer funding. In return, once COD achieve, these individuals company receives cash payment from TNB, it need to payback to cypark including interest. Therefore, cypark get back upfront capital + earn interest income

Furthermore, LSS2, cypark is EPC contractors + financer peovided + O&M. Cypark own onlr 40% stake in one of the LSS2 package.

After COD in LSS2 which have 3 package, each 30MW, cypark will earning revenue interest + O&M fees

In LSS3, cypark own 60% for 100MW, COD is Dec 2022

LSS2 change location as long as gov approve internally, cypark no absolutely need to disclose everything publicly. If have doubt, just ask in AGM

WTE can produce RM 80m + tipping fee RM 20m = RM 100m x 25 year concenssion period ( assume cinstant rate)

The total revenue generated RM 2.5 billion vs. Curent WTE assest RM 900m

Once COD is announced, sky is clear

Wait for COD announcement

Heading 40sen

Everyone will get rewarded handomely

It will breakout soon

Chart higher high, bullish signal

All we need to know is awaiting toyo EGM notice, to divest 60% to china partner, formally start JV and accept banking facilities offer to start construction begin next year.

All become fruition in a matter of few nonth

What is your cost? I only bought last week 2 batch, at 70-71sen and 75sen

:D)

Wait for next month crack spread level, future indicate crack spread will further tumble by another 50% from USD12 now to USD 8.

Next Q result will be good as it capture high crack spread USD 25 in Q2, but, what next Q is fall cliff

Wait for next month crack spread level, future indicate crack spread will further tumble by another 50% from USD12 now to USD 8.

Next Q result will be good as it capture high crack spread USD 25 in Q2, but, what next Q is fall cliff

Hahaha, undet jaks 30% incentive plan, be given as share option via cheap esos or share grant via free share, all are considered expense incur by company, eroding company profit at expense minorities.

After 5 year later, it can have another round of new 30% incentive plan to benefit jaks major shareholder, all at expense minorities.

Through these selfishness incentives plan, jaks major shareholder can gradually increase it stake at minimum cost as possible, pose huge dilution to minorities

Such low class tactics is sharp contrast if compared to toyo major shareholder. It unselfish and generosity to advance capital without interest cost, greatest and patience effort to ensure successful power plant is highly respectful. Toyo even further willing to settle its advance through 1.20 share price, 50% higher than currency market price and willing to wait further 5year until COD to avoid dilution earning which will offset once massive profit start recognised from power generation.

Although the plant have yet to commence if compared to jaks, but toyo mega power plan is 2x higher capacity than jaks, gestation period now finally come to fruition pending confirmation later, and construction should start by early next year.

GOOOOOOOOOOOOOOOOOOOOOOOOOO

super momentum on recovery

Technically, higher high, bullish signal

Cypark rebound ahead announcement COD for its WTE soon

special dividend range 20-25sen is expected soon

The solid toyo major shareholder integrity is upper class if compared to jaks major shareholder. Jaks reward major shareholder himself with free 30% jaks share through incentive share grant, benefit owe at expense of all minority shareholder

The original plan is toyo issue ICUS to settle major shareholder advance capital via issurance ICUS at 1.20/share, convertible only after 5 year with 0% interest, enlarge major shareholder stake from 13% to 59%. Major shareholder willingness to accept toyo share at 1.20/share if compared to current market price and willingness to wait another 5 year later + earlier 10year, all come with 0% indeed is respectful major shareholder integrity

Of course need low profile now as major shareholder yet to control 59% company through 5 year, 0%, ICUS, which form part of its capital advance for toyo. It need to implement as fast possible before power plant start COD.

Without controlling stake, toyo is gold mine for other to take over due to small capital base.

Major shareholder already advance RM 400m, 0% to toyo, which itself capital outlay 130m to secure these mega project. The generosity major shareholder needs to be awarded handsomely. Even with fully diluted share base still extreme small if compared to massive profit to be recognzied during construction period and concession period

hahaha, don coward head, do own homework, free to raise query direct to Toyo to address your concern

HEAD OFFICE (INVESTOR RELATION)
For inquiries relating to stock & company's information please reach the IR team at:
Toyo_IR@toyoventures.com.my
603- 8942 3335

Vietnam government need increasing power supply to support its growing economy. Among all power tyoe, coal fire is most economic viable and most reliable source of power if compared to solar, gas, wind etc. Hydro even is cheaper but limit by natural resources.

However, due to limit budget, Vietnam adpot BOT model to facilitate and expedite power development.

The key success is available support funding from private to offer financing, if without funding, gov support is useless.

Therefore, if power plant owner able to find funding, Vietnam gov is more than happy to support and prompt fast delivery as soon as possible.

The structure will be 2100MW project owner is toyoink, toyo control 40%, china partner control 60%

The next step will be award of contract. It will follow step like jaks in which china partner with grab main EPC contract cover main construction, whereas toyo will get EPCC 2 cover ancillary civil work, which later subcontract back to china partner.

Financial close mean banking satisfy all preconditions given in documents on BOT, business viability and Vietnam government legal support etc. Banking now agree to offer funding to buit power plant project worth RM 13billion, likely in 20% equity :80% bank borrowing

It is now pending toyo JV China partner to accept the banking offer. At the same time, toyo also need to seek shareholder approval to divest 60% stake to china partner in coming EGM, in which toyo plan to use these proceed from divestment as initial funding portion to fund its equity share to start power plant construction

US rate hike is good feel factor for local bank + incoming special dividend

Bought affin at 1.94

bought more toyo at 75sen

sold at 88sen, locked profit

bought more ekovest at 38-38.5sen

Yes, major shareholder stand to control at 59% if ICUS proceed. It is good option for major shareholder to get rewarded handsomely. Minority shareholder stand to win-win as profit from both initial construction period and thereafter COD is big enough to cover any dilution, EPS still too attractive at 100sen/share on fully diluted basis

hahaha, major shareholder already abandon debt settlement via ICUS issue at RM 1.20, 5 year, 0% plan. Therefore, no dilution issue.

Toyo currently have warrant have exercise price RM 1.50, if fully exercise by next year can raise cash to partly settle debt. Toyo previously did 10% private placement at RM 2.35 to fund initial power plant expense, it can now easily do another round of private placement to partly settle major shareholder debt.

In additional, once construction profit start recognized next year, assume similar profit margin 25% for ancillary civil work contract RM 3 billion, toyo stand to profit massive 600m over 3 year construction period, easily payoff major shareholder total debt RM 350m.

Alternatively, if major shareholder wanna to increase stake in toyo via ICUS again, it is no harm at all as ICUS is for 5 year period, 0% interest, convertible at RM 1.20/share for total 250m volume share. The dilution profit only occur 5 year later in which toyo power plant already COD, produce massive recurring profit at least 350m pa based on 40% stake for power plant 2100MW. Therefore, even massive dilution occur 5 year later from current 110 share volume to 360m share volume, it can still easily making toyo EPS above 100sen/share.

Declare 5.9sen dividend

Global ESG leader, Germany already abandoned green energy policy, resume coal fire power plant

More EU countries are following to resume coal fire power to meet power demand

Ekovest get direct contract from government instead of get subcontract from adil permata. Ekovest status jointly partner, not subcontractors.

Whereas, gadang get subcontract from adil permata. Subcontract fetch lower profit margin if compared to ekovest direct main contract from gov

Ekovest get direct contract from government instead of get subcontract from adil permata. Ekovest status jointly partner, not subcontractors.

Whereas, gadang get subcontract from adil permata. Subcontract fetch lower profit margin if compared to ekovest direct main contract from gov

You seem forgot that jaks best EPS record was when power plant is at construction stage. The profit margin from construction stage is as high as 28% for period 3 year. Jaks share price get booster at that time, and everyone eyeing for its Viet lucrative power plant, but keep drag back by its local business.

Now, COD finally achieved, but EPS continue drag down again by local business, jaks share price also dampen to current lowest level.

Toyo have none of above problem, it will recognized massive construction profit during 3 year construction period and subsequent COD later due to

1. none of loss making local business to offset Vietname lucrative profit
2. Small capital base, just 5% of share volume if compared to jaks over side share base
3. Larger power plant capacity, almost 2x higher 2100MW compared to jaks 1200MW
4. Toyo to retain 40% stake in power plant if compared to jaks 30% (although jaks have option to increase to 40% if exercise its option to buy additional 10%)

Toyo already achieved financial close on power plant, it mean all document in regard to project China deliver partner, time to COD etc already satisfy, allow financier to release funding now.

Jaks is good if can get rid of local business

haha, just go search yourself in bursa, check yourself in Jaks Q result and on its final Q make impairment and private placement cash decreasing on each Q due to local business

Toyo local business is profitable albeit as small scale. The construction profit from Vietnam ancillary civil work on power plant, worth at least RM 3 billion, to be recognized during construction period is FAT enough for toyo to record massive EPS due to its small capital base.

Jaks power plant aldy operation, but, almost half of the power profit offset by loss incur in Msia business. More importantly, Jaks Malaysia business is recurring every year due to low occupancy rate in its shopping mall. With almost billion worth of shopping mall in its assets, it is prone to huge impairment in future.

Jaks need to be firm to dispose these loss making business, suffer one off write-down, turn to pure power stock instead of retain for it for continue loss, offset power profit.

i believe many jaks investor will swap to toyo venture soon.

These structural work will let toyo start profiting at beginning of construction through construction profit for first 3 year period and thereafter 25year concession power traffic.