https://klse.i3investor.com/blogs/freedom9/175872.jsp

I got enough as at now

newbie911 Icon8888, are u adding more today?
27/09/2018 15:12

My opinion is that the result is actually not bad. I am surprised the share price softens post result

Tom don't be cynical . You can't make money shorting the market in Malaysia

EG rising, Tom go home and sleep lah

being cynical does not help you make money, must always try to see the better side of things

the trade war makes EG interesting.

whatever the case, we can expect profit to be higher than the free cash flow associated with the IRR figures.

this is because IRR calculation incorporates the effect of loan principle repayment, which usually is a 10 year affair. P&L on the other hand, captures the depreciation charges, which stretches over 25 years

(IPP tariff is usually two tier structure. The first tier is usually 10 years, which is very high. This is to allow strong enough cash flow to pare down borrowings over lets say, first 10 years. After the debts have been cleared, tier two tariff will kick in, which is much lower than tier one as it is purely to cater for shareholders return)

IRR of 12% is actually very good already

Result ok. EPS 4.1 sen

why is somebody keep on selling ?

Why buy red sena geh?

sifu DK66 any other good stock to buy ?

dumb dumb hold lah

according to analyst, the billing process is S shape

so, in coming quarters, the billing will accelerate and only later on plateau

don't be jealous qqq3

I praised OTB because he is good

Thank you sifu OTB for the tip

I bought more because of you

Thank you thank you 1000 times

fuiyoh ganasnya the buying.....

Anwar becoming PM soon

Rashid hussein very buddy with him

I think can help fend off the Sabah CM

can eat a lot of musang king

good value for money lah...

quick quick subscribe OTB

We pay OTB RM1,000 a year.

One hibiscus stock tip he gave us already can help us make back 10 times, 100 times, 1000 times... (depends how much you have bought)

Maxwell RM341 mil cash

Xidelang RM722 mil cash

Xingquan RM1 billion cash

China Stationery RM1.8 billion cash

geng

I attacked PLP

Desa qqq3 halite etc

A lot of sochais open mouth close mouth criticise the rights

They must have read from textbook that rights is bad

It depends mah

If 500 mil market cap called for rights of 200 mil, it is bad

If the rights is only 60 mil, what is the problem ?

Some more it is Warrants that have no immediate dilutive impact

Really no brain

(But no brain is good for us as we can make money out of them)

Dumb dumb hold . Wait for the rights.

Desa is a bastard in sheep skin

Desa is a bastard, I not keen to read his blog. You now him ?

After escaping poverty, qqq3 now craves for glamour and recognition

Results must be very bad, because somebody keep selling since few months ago ...

You are smart. Not like those cynics

Huat ar

Sarifah you ada wrestling dengan you punya abang kah ? Boleh kita tonton ?


Posted by SarifahSelinder > Sep 20, 2018 07:47 PM | Report Abuse

I target tiga biji 75" OLED TV best for tonton wrestling and 1 Samsung note 9 juga pergi jln jln

Tajaan Jaks

Mudajaya is in India mah. We all know that India is a quagmire

if you have been following mudajaya story, you will know how they faced round and round of buauracratic delays by the Indian authorities

Vietnam is a different story mah. It does not have that kind of bizarre issues like India. So why bother to compare with mudajaya case ?

Yum sing lah . Got money make just make. No need talk mudajaya talk 3 talk 4

(I am having a beer)

it takes time. Treat this as investment, not punting. We know the direction it is heading, just need some patience

Buy now buy now

Want to make money quick quick buy

Don't warren Buffett here warren Buffett there

BTR is actually damn good. It allows Ecoworld to book in profit as it progresses , instead of only upon completion

The buyer also make progress payment , so Ecoworld does not need to fork out much. It only needs to pay for the land at initial stage

Thumb up

Dividend will be paid when the accumulated losses had been offset

Not dependent on borrowing retirement

Which PLC does not have borrowings ? They still pay dividend

Breaching RM1 soon

I respect what DK66 said. It is true to a certain extent.

Anyway I never bother to go into details because based on my experience, IPP is usually very lucrative, especially in a country facing severed shortage like Vietnam

In other words, I am very comfortable with the economics of the project and is confident that jaks current market cap is not reflective of the full potential of the IPP

My criticism is directed towards people like ValueLurker who based on 12% IRR, can straight away say "return per annum is circa USD20 to 25 mil"

Provided by management. You google will find

Without a proper study, no comment whether reasonable or not.

Halite, I think you are confused

Nobody is questioning IRR 12%.

We are questioning those people who single handedly based on IRR 12% to derive earning, cash flow, dividend etc

In my opinion , it is impossible to do so with decent accuracy without knowing further details as mentioned above (capex, repayment, tax, etc)

I don’t understand what this article trying to say

Plane I will take a look at ijacob

hi plane, how are you ?

has management ever provided NPV estimate ?

========

Jon Choivo kcchongnz,

So basically using management estimated IRR and NPV is the best thing we have going on for now?
19/09/2018 19:06

and ask Jon choivo what is his assumptions about capacity payment structure ? doe it exist ? what is the rate ? how many tiers ?

Jon Choivo simply slaps a 7.5% interest rate on the borrowing

ask him his estimate is based on what assumptions ? what credit rating ? what tenure ?

and on what basis does he believe that the loans deserve such credit rating ?

that is why when people asks me about IRR, cash flow etc, I tell them don't bother to guess, if the details are not available

I know what I am talking about because I spent a lot of my time working on power projects during my previous job

IRR is derived by solving the DCF equation such that it equals zero

it involves a lot a lot of information

I don't understand how people can claim that they know the economics of the project without knowing details of the Capex pattern during construction period, and the subsequent 25 years' capacity payment, operating expenses, tax expenses, maintenance capex (if any), interest rate, loan repayment structure (tranches, tenure, etc)

for me, I would rather tell myself that I don't know, instead of simply jumping into conclusion

Market should be turning bullish because the 10% tariff is announced and digested

25% won't come until next year January

So there is a window of few months to party