Backed by IPP JAKS 1st to recover

JAKS one of leaders

JAKS one of the designated counters to save d world

Sarifah tetap berjiwa IPP unapologetic angkuh dan liar

Stay home n experience 1st hand if electricity is not necessity

Things kan clear up in 2 weeks

More drastic d gomen response d faster d Covid 19 is over

Ok kini sini pun ada movement restriction for 2 weeks so u can experience 1st hand wat it is like n see if the Covid 19 impact is not overblown if the whole world is not over reacting...

Posted by SarifahSelinder > Mar 14, 2020 8:58 AM | Report Abuse X

i3lurker 

Do d depreciation way to counter chk n see




DK66 I3lurker, I extracted from the article below; 

Jaks Resources – Peer Comparison With Mong Duong II 
Author: DK66 | Publish date: Mon, 29 Apr 2019, 8:49 PM 



Effective from 1st January 2018, a new accounting standard was adopted, 

“A loan receivable was recognized for the future expected payments for the construction performance obligation. As the payments for the construction performance obligation occur over a 25-year term, a significant financing element was determined to exist which is accounted for under the effective interest rate method. As payments are collected from the customer over the term of the contract, consideration related to the construction performance obligation is bifurcated between the principal repayment of the long-term receivable and the related interest income. The other performance obligation to operate and maintain the facility is measured based on the capacity made available. “ 

Without using complicated accounting terminology, I simplified the accounting treatment of Tariff payments (TP) received as follows; 

The balance of construction costs is placed under a receivable asset as “Loan receivable”(LR) and is gradually collected over the 25 years period through Tariff payments. 
The company has determined that a portion of the tariff payments is in effect considered “interest income”(INT) at an effective interest rate based on the credit standing of the customer. 
Balance tariff payments is recognized as “Revenue”(REV). 
Therefore, 

TP = LR + INT + REV 

Earnings = REV + INT - Interest Expense - Fuel Costs - O&M costs 

To put it simply, depreciation charges has been replaced by loan receivable (LR). Therefore, the capacity payment received would have to deduct the LR (also known as principal repayment) and the interest expense to determine the profit. 

---------------------------------------------------- 
i3lurker DK66 

Hire Purchase principal repayments are cash but not income, 
cannot be counted as earnings per share, goes to balance sheet 

Hire purchase interest repayments are cash and income, 
can be counted as earnings per share. "EPS" 

I guess above part is easy to understand 

============================ 


in BOT scenarios, 
the utility is the "hirer/renter" and the IPP being Jaks is the "bank" 

so principal cash from the renter/hirer/"EVN" to bank/Jaks for principal repayment is not income or earnings 

similarly principal cash received by plant and forwarded to the "ultimate bank being Jaks" is repayment on principal, 
it knocks off the "25 year hire purchase" loan given by Jaks/Bank to plant/EVN 

hope this is satisfactory to your goodself. 
14/03/2020 8:22 AM

14/03/2020 9:33 PM

mf

D more dire d news d more drastic d gomen response d faster d Covid19 is over

D more likely a V shaped recovery

O.. u got it ya bipartisan effort

Tis FED cut dah di expected

Ni la d Bazooka




SarifahSelinder US markets rebound strongly wit Dow up 1900 

US markets r very depend on US gomen a lot 

And d US gomen is doing jz tat 



SarifahSelinder US going to announce a BIPARTISAN response to Covid-19 

13/03/2020 3:27 PM 


SarifahSelinder Take it out of Trump's hands for goodness sake  

US going to announce a BIPARTISAN response to Covid-19 

13/03/2020 3:49 PM

14/03/2020 8:39 AM

After d briefing stil mcm ni stil fluid je wat is d point of going for d briefing??

Salah JAKS IR or wat???

Worst off worst off


Yg only hope is OTB really has dealt wit d briefing adequately kat si n yg cara ni is menang d same way JAKS IR has entertained PBB IB analysts u know like 0 info n updates so tat PBB is in fact punishing JAKS wit TP of 1.13 


Similarly in d dark PBB IB give low 1.13 TP

Similarly in d dark PBB IB give low 1.13 TP

Yg only hope is OTB really has dealt wit d briefing adequately kat si n yg cara ni is menang d same way JAKS IR has entertained PBB IB analysts u know like 0 info n updates so tat PBB is in fact punishing JAKS wit TP of 1.13

PBB TP 1.13 in d dark

Worst off worst off

Salah JAKS IR or wat???

After d briefing stil mcm ni stil fluid je wat is d point of going for d briefing??

Yg ni bloodly backdoor philip think he is Warren Buffett in fact he is cheating

Sarifah attended d AGM tapi tis briefing is an update on d moving status of d Hai Duong IPP (if follow wat u say why OTB don't jz attend AGM later why go for tis briefing now?? backdoor Philip u retard)

Sarifah attended d AGM

Unlike retard backdoor philip ni always going backdoor to meet insiders to get insider info u bloodly backdoor cheat

Sarifah really going to take ur going backdoor to seek for info by going for a drink wit JAKS Ex CFO Steven Ang case to SC jz an email away very easy

And u backdoor philip bloody anak haram u better go chk ur DNA cos Sarifah bros all of them really had a good time wit ur mother can't tell who is your father



Philip ( 2.3% fatality rate, 80% recovery rate age 10-40) 

Yeah tetap liar and whatever bullshit, but fly by night shareholder. Don't even know what is AGM and don't even know how to ask relevant questions.

14/03/2020 10:38 AM

U pun yawn yawn

Yes Sarifah pun didn't sleep well last night

Biar Sarifah take a nap dulu


i3lurker Sarifah 

I have said enough. 

REPEAT: - 

Cash Flow from Vietnam to Jaks/Bank = Principal + Interest + Utility Business Income 

so for Jaks EPS = Interest + Utility Business Income only 
(cannot include Principal Repayment on Loan) 

yawn 

YAWN !!!!

14/03/2020 9:03 AM

Kan Sarifah tanya nicely??

Sarifah tanya cos d briefing has not increased confidence instead d opposite

Ok it Saturday Sunday u take ur time to think abt if u hv further things to post abt d briefing

Maybe u didn't sleep well last night

Sarifah shall leave u alone for now

OTB

No wonder everyone attack u......

Or... u hv something to hide or worst stil u told jz ur subscribers leaving ppl here high n dry

OTB

ur posts on d briefing hv actually made ppl hv d impression tat u hv bin con by Andy

Kena clarity immediately

i3lurker

Do d depreciation way to counter chk n see

OTB

The feeling is u hv not dealt wit JAKS briefing adequately kat sini

Can u elaborate sikit further

Can start by telling from JAKS side who attended d briefing dan apa yg dah di kata mereka point by point precisely for a group interpretation utk semua kat sini

Tq

DK66

Any refinements on ur past articles or firming up of ur profit projections after d JAKS briefing??

Ada ka d briefing increase ur confidence on ur profit projections???

US markets rebound strongly wit Dow up 1900

US markets r very depend on US gomen a lot

And d US gomen is doing jz tat



SarifahSelinder US going to announce a BIPARTISAN response to Covid-19

13/03/2020 3:27 PM


SarifahSelinder Take it out of Trump's hands for goodness sake 

US going to announce a BIPARTISAN response to Covid-19

13/03/2020 3:49 PM

Good point

Tiger66 160 millions changing hand bukan dana institusi lagi siapa ? kesian retail shares bagi dia sapu habis !

13/03/2020 3:57 PM

Taken for a wild roller coaster ride by dana insituisi yg target Hai Duong IPP selama ni

Sarifah hope weaker hands dah cabut lari hv bin replaced by dana insituisi

Take it out of Trump's hands for goodness sake

US going to announce a BIPARTISAN response to Covid-19

Klau dpt beli murah shd hold out for max profit don't trade

Sarifah tetap berjiwa IPP unapologetic angkuh dan liar

Sarifah heart go to those who hv faith on JAKS thru out tapi kena forced selling

US going to announce a BIPARTISAN response to Covid-19

Tis is nut

Final tally going to b...

Deaths due to Covid-19 - 4500

Deaths due to forced selling - 25000

Get a hold of yourself!!!!!!

Sarifah tetap berjiwa IPP unapologetic angkuh dan liar

No futher comments as forum ni has more rubbish thn a rubbish dump

More so apabila d epicenter has recovered....

Absurd!!!!

It is jz absurd tat US markets r down so much apabila d financial crisis has not even hit

Apabila even d virus health crisis is stil jz a scare in US

US markets hv priced in a recession tat is going to last for years based on jz FEAR projection as no companies actually cam tell wat is d impact of Covid 19 on their profits

Absurd!!

All world leaders r playing it overly carefully why not Andy...

Yg ni a real possibility


qqq33333333 I guess after reading my posts, Ang wisely decided not to meet OTB (the talk too much retailer analysts)........................... 

see...u stupid CEO not stupid.............

12/03/2020 4:21 PM

In comparison wit wat r posted now qqq3 is mild relatively

qqq3

Go take out a SMF facility

OTB n kaki left

Wat price wil OTB n kaki come back?

Klau betul

OTB kaki vs 4 IBs

Who hv more money?

Hati ku kau luka

Don't u know ur saviour ur wife is a wanita?

U low life bully wanita