dk

don't understand IRR, NPV, want to invest in IPP......?

PBB got a lower figure compared to u, so PBB is wrong?


and everybody pretending they are in lalaland...........

dk

don't pretend........U know exactly what I mean.........

DK66 > May 14, 2020 6:14 PM | Report Abuse

I suppose you don't know why
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there are many reasons why......it can be timing, changed circumstances, can be gearing, can be political, negotiating powers........they wanted some American investments?

but its reasonable to assume returns of 12% on funds invested is reasonable....and returns of 4 X 12 % is super profits and exceptional...........

dk...........

say if u want to negotiate a PPA with me....and we both agree that the return to you shall be 12% of your investments, (not the project cost).....then u go work on a cashflow projections assuming 75% borrowings , 25% equity, discount the figures at 12% and come to zero NPV (Cash outflows equals inflows on a discounted basis) ..........then we agree on the coal prices and tarifs as based on the projections. Now, we have deal.

then, u take the deal...........put into your spreadsheet and discounted at your own cost of funds , say 6%.............so, now, u have the so called NPV of $ 1 billion..........

the NPV here represents the additional assets in your balance sheet after 20 years assuming u invest.

DK66 > May 14, 2020 5:53 PM | Report Abuse

qqq3, public bank told you he calculated NPV this way ? Don't ruin its name. Nobody calculate NPV this way. PBB said FCFE and you read it as NPV.

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that is what PBB intended every thing to mean.........

I agree with PBB........it is u who does not agree with PBB.

Posted by DK66 > May 14, 2020 5:30 PM | Report Abuse

The equity cost of JHDP is 25% x USD1.87 x 4.3 = RM2b. To say the RM1.096b is NPV is crazy. Invested RM2b into something worth only today's value (NPV) of RM1b. Immediate loss of RM1b.
==========


NPV in this case takes into account every things, including the project costs, loan repayments.........it is the surplus from the project.


so, u have NPV of $ 1 billion and 30% of that....that is $ 300 million.....your expected NPV over 20 years, discounted at , I don't know what rate.


In concept PBB is correct..........



the NPV represents....if u invest...u get this much more compared to if u do not invest.............it is a residue figure from the spreadsheet.........it is not some thing tangible....The some thing tangible is what is already shown in your balance sheet...........

the big funds who buy the big 2 last few days are late comers..........clumsy big funds.......well....they intend to keep forever, .............

sted by DK66 > May 14, 2020 5:18 PM | Report Abuse

qqq3, Readers here are not interested in theory. Tell me do you think JHDP can make RM652m like Vinh Tan 1 ?

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a straight forward answer is No..........

i3lurker > May 14, 2020 5:12 PM | Report Abuse

qqq3

TUTUP DUA MATA

these are very desperate people
dun play the fool with them
They will do anything, anything

go and huat Gloves better.
========


and squeeze the last sen out of them? no thanks........

dk

The crux of the matter.......U think the PPA will give returns of 12% pa on the project cost of US$ 2 billion or 12% on capital brought in which 30% X 25% X US$ 2 billion. ( US$ 150 million )....

In the case of a risk free return of 12% is very good already when Vietnam guarantees both the costs and the revenue.....

still want super profits at 12% X 4 because of the gearing?

This is not Mahathir/ YTL in 1990.........This is Vietnam........U think they are cronies meh? Vietnam want to war with China if they think they can win.

investee


not personal attack.............I think they all pretend don't know only.....

investee is awake..........all the rest, I think pretend only...........

blind leading the blind is no fun.

blind leading the blind is no fun...........

30% discount is also very reasonable in view of the low quality of the assets ( the mall) and the uncertainties of the project......

in concept PBB is right to take present day NTA plus NPV of the plant....

don't be silly.........where did PBB says free cash flow to Jaks is $ 327 pa ?


some thing that can give $ 300 million pa will be worth much more.

want to forecast contributions from the plant?

then as a short cut, just compute a planned return of 10 -12% pa on equity participation of $ 600 million.........( 30% X 25% X 2 billion )....my answer about $ 60 - $ 70 million per annum.........and 100% of the plant about $ 200 to $ 240 million pa.

but as of yesterday, KYY is alone in gloves..........I left already.........

gloves? I see the brilliance in KYY just when the whole world was attacking him because he said he lost money..........

https://klse.i3investor.com/blogs/qqq33333333/2020-04-23-story-h1506080957-The_brilliance_of_KYY.jsp

I knew then , people should see the brilliance in kyy and in years to come will see the brilliance in qqq for writing that piece........

when one eyed jack becomes king in the land of the blind.

Pretend is the only solution

Being awake the world looks different......

by Investee > May 14, 2020 3:01 PM | Report Abuse

Forgive me. Why do we always assume FCFE = 12% of U$1.87b instead of the 12% of U$468m (i.e. 25% of 1.87b)? Take note that this is FCFE, not FCF.
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u are the only one Awake..........hahahahaha

raid.........and your approach to stock market? Sure die.

why can't I promote Jaks and Sendai?

I am a trader.........for a trader, any thing also can do, good , bad, ugly all I also can do....its just timing for me.....

Its just a game, a share like any of the other 2000 shares......

bufalo flags are flags people wave for respectability.

beyond that......it is do your homework and final decision is yours.

$ billion industry.

although both aim to make money, there are the retail and the institutions.........they come from different directions and different audience.

and then , there is a third category. The authors of popular books, circuit speakers, the course lecturers. These are the....Do as I say but don't do as I do people...that is why there are the , you must do your homework and The final decision is yours people.

today, it really shows........

Gloves for pros ....... Top Glove, Harta , Supermax.......Division 1

and then there are gloves for the rest...........Division 2

and all the imitations, copycats, late comers, all holland today.......

kc like to fly Buffalo flags while promoting retail shares.........any way, this is i3, a retail place.........


cannot sell ice to eskimos, so must sell retail shares while flying the Bufalo flags.............

today, it really shows........

Gloves for pros ....... Top Glove, Harta , Supermax.......Division 1

and then there are gloves for the rest...........Division 2


same thing here....

Before Philips, all the famous people here are division 2 players and many flying Bufalo flags.......


Should be believe what they say or what they do?

I am no one's teacher to fly in stock market and have no intention to be. And I am water.

pretence.......cari makan got to pretend more than non cari makan.....


not polite to break someone rice bowl or only right to speak your mind.........................


I know who I am and what I am............and I am water.......

the value is in the pretending....

raid.............u have been eating crumbs your whole life...........

stockraider > May 13, 2020 10:32 PM | Report Abuse

RAIDER IS ALSO VERY RELUCTANT TO SELL SHARE MAH....!!
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your problem is that of an amateur.

y supersaiyan3 > May 14, 2020 2:30 AM | Report Abuse

I don't know....quarantine companies??

Glove is good enough, in fact more than good enough. Lots of those related companies still losing money, and just hasn't got the volume to make money.
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agree..........speculation is not smart speculation when people lost sight of profits..........Gloves a good theme, I didn't venture into the imitations, copycats, .com, pure speculation.

yes, he did........I grill him for 2 days, while his chef grills us wagyu/kobe Beef............

most of the time...when shares look too cheap or too expensive....there are good reasons for it......


there are stuffs known and knowable....and stuffs knowable but not known.

..and stuffs not knowable and not known........

jaks look too cheap....really meh?

lurk


gloves no longer the only game in town when top volume page is 90% yellow coded stocks.........

but gloves remain the only stocks with enormous profits to report.........


I sold supermax around $ 3.80, comfort around $ 2.65.........both around 100% return.........enough lah............


for this round..........

sslee

KYY only know how to calculate PE....... and make hundreds of millions............

Philip ( buy what you understand)


buy what u understand is better than generic stuffs like do your home work.


KcChong laments the lack of articles...........

tell kcchong this is play time........not his buy PE 5 sell PE 10 time....or buy NTA 50% discount time.........

kc chong says ...........do your home work................


what does it mean? I really have no idea.


does it mean after an hour of lecture by kc, u will be better than the pros?
does it mean after an hour of lecture by kc, your home work will get an A?


anyone to help me understand kc?

the only ice cream seller I know is a nice girl.........

whose ice cream?

Blog: The brilliance of KYY

May 13, 2020 2:47 PM | Report Abuse

gloves no longer only game in town....I hereby says good bye to KYY..........KYY now on his own.............

Blog: The brilliance of KYY

May 13, 2020 2:47 PM | Report Abuse

gloves no longer only game in town....I hereby says good bye to KYY..........KYY now on his own.............

Blog: The brilliance of KYY

May 13, 2020 2:47 PM | Report Abuse

gloves no longer only game in town....I hereby says good bye to KYY..........KYY now on his own.............

mco lepak

look at the top volume page.....90% are mesdaq ( yellow color)............this is 1993 or last day to get out?

see...after glove power it is K power..........where is plant power?


every thing according to schedule.

myeg was one of those I was eyeing but never bought.........

this one looks good.........

I am telling u because just as many people do not realise Jaks will not survive in its present form for next 2 years...................


Jaks will be very educational, just give it time to educate....