Beli now bila still cheap

Tambah lagi esok bila see boiler

Point Sarifah JAKS can benefit with a bit of shareholders activism by Sslee

Kan Sarifah victim?

Kan CFO has taken a too liberal attitude with his projections kan CFO too ball park with his ball park figures?

Sarifah lost for words....

Posted by SarifahSelinder > Jul 2, 2019 9:27 AM | Report Abuse X

CFO pandang kat and exchanged a long glance with the CEO b4 giving 80m to 120m a figure that he should be very familiar with 

KENAPA??


Posted by SarifahSelinder > Jul 2, 2019 9:16 AM | Report Abuse X

Yg 80m to 120m tu 

CEO dan CFO exchanged a long glance b4 CFO bagi amount ni 

Yg ni kena watch closely 

Sbb ni la Sarifah encourage SSlee to come onboard JAKS to shareholder activism sikit

Sarifah cuba try not to be too hard on the CFO

Tapi... lihat la u sendiri

Compare u sendiri PAT yg diberi kat AGM to apa yg the same CFO told Kenanga


PAT US 120m x 4 = RM 480m

JAK's 30% = 144m

JAK's 40% = 192m


Charging on units of power produced, assuming the plant is able to keep up with the minimum utilisation requirement; the project is expected to yield up to USD120.0m/year of net-of-tax profits



JAKS Resources Bhd (JAKS) – Not Rated

For our last corporate visit, Mr. Steven Ang, Chief Financial Officer of JAKS, provided us a tour of the upcoming coal fired thermal power plant project in the Hai Doung province, which is a 30%-joint venture with the China Power Engineering Consulting Group Co Ltd (CPECC).

The JAKS group as a whole is primarily engaged in water supply and infrastructure construction projects, supply and trading of building materials and steel-related products. The entry into the power segment was a means to minimise cyclical risks of its other segments.

To provide some colour, the plant is designed to generate an output of 2 x 600 MW under a build-operate-transfer model after 25 years with the Vietnamese government, with total construction project revenue to JAKS of RM1.89b to be recognised over phases of completion. Currently estimated to be 55% completed, management anticipates that it is able to commission the first of its two turbines possibly by the end of 2019. The second turbine should then be set to be completed 6 months after this. This is ahead of the initial handover deadline to the Vietnamese Government of November 2020.

Addressing any contingencies in place to prevent delays, management mentioned that the integral equipments (i.e. turbines, boilers) for the plant are already on-site, with non-foreseeable issues to source smaller components. Building materials for the plant are also easily sourced from local suppliers. Furthermore, CPECC management and supervisors are consistently on the grounds to monitor the progress closely.

Assuming the full commissioning of the plant, an expected 15,000 mt/day of coal is to be consumed to support a minimum utilisation required of 77% for both turbines. The supply of coal has been committed to be backed by the local coal authority, which is well facilitated with the construction of an inland port/jetty close to the site. Additionally, coal storage areas are being built to store up to 10 days’ worth of fuel, in the event of any hiccups in delivery.

Charging on units of power produced, assuming the plant is able to keep up with the minimum utilisation requirement; the project is expected to yield up to USD120.0m/year of net-of-tax profits.

Concerning the group’s other operations, management hopes for their property development segment to achieve operating breakeven as it has secured more tenants for its EVOLVE Mall. Other avenues for consideration may be to bid for construction projects in Vietnam, having already established a presence here

Sarifah berjiwa IPP tetap unapologetic angkuh dan liar.

It wil b sad and regrettable

Klau after u sold 0.825 Lig-Quang Tri Solar Power Plant (LIG-QTSPP) is announced

Unlike some yg ended b4 started

Sustainable

JAKS bukan without FA

TA manifestation of its FA

Byk banks buy call at same time

PBB MBB MQ+

Target more thn 090

Apa dah jadi ni?

Sarifah too high.. malu malu

Long lasting

4 jam all dry kena minta tolong kyy wink wink

Ya nak lama lama

Yg cannot last tolong jgn start

Si mati pucuk self knowingly jz going for short stint

Si mati pucuk normally ended b4 starting largely guna mulut je

Tapi JAKS lebih baik klau main lama lama

Tapi RM 0.90 is not quite enough klau Lig-Quang Tri Solar Power Plant (LIG-QTSPP) is on......

Swinging TA party time

Technical Trading Stocks - 4 Jul 19 
Stock Name: JAKS (4723)
Entry: Buy above RM0.79
Target: RM0.85 (7.6%), RM0.90 (13.9%)
Stop: RM0.74 (-6.3%)
Shariah: Yes
Technical: Bullish engulfing candle

Sarifah observe Koon tu has a soft spot for things IPP dan China

Bila nampak boilers dan turbines esok nanti see if Koon kan check in again

Lig-Quang Tri Solar Power Plant (LIG-QTSPP)

Tempoh nego for renewal energy venture ended 30 June so announcement anytime now

Keeping figures crossed

Renewable energy venture nak tak??

I do

Should resistance level of RM0.790 be broken, it may continue to lift price higher to subsequent resistance level of RM0.850.

Best is ni is due to renewable energy venture then wil be higher graduating from petty stock

I do

Yg ni TA je ke yg byk kali dah cuba try or news abt renewable energy venture....

Pak cik misai bullsh*t

ALP sebut all local construction projects kan beres on time

Yg spread rumour abt bahaya kat Batu apa cerita nya?

Tunggu jua announcement tentang renewable energy

Keeping figures crossed

Walaupun 80m to 120m klau guna PE 15 je harga agak agak pun ada dlm lingkungan 1.80 to 2.80

Harga x drop lagi

CFO pandang kat and exchanged a long glance with the CEO b4 giving 80m to 120m a figure that he should be very familiar with

KENAPA??

Yg satu satu nya useful information from CFO is that JV IPP tu tengah or will refinance the existing debt to increase on its profit

ALP should kena ingat the IPP profit has a 15x value kat share price

Nothing beats this

Yg 80m to 120m tu

CEO dan CFO exchanged a long glance b4 CFO bagi amount ni

Yg ni kena watch closely

Sbb ni la Sarifah encourage SSlee to come onboard JAKS to shareholder activism sikit

ALP tu in response to a question of cos has said that there r 2 potential big tenats that he is very confident wil sign up soon to accupy a big part of the mall even the space outside the mall

Even the space outside the mall? ALP x elaborate on this

Klau successful the 2 big tenants tu selepas renovation and all will start bisnes mid 2020

Impression Sarifah on Evolve Concept Mall tu is that it is not that bad

Sebelum ni Sarifah sangka it was as dead as SS2 Mall

Tapi tu limit the question time to satu jam je tu Sarifah x setuju sgt

Kan Evolve Concept Mall tu JAKS sendiri yg punya? Apa bisnes bagus sgt ke? Ada long queue orang nak sewa hall AGM tu ke?

ALP ada bilang in response to a question of cos JAKS or more accurately JV IPP tu ada appoint a quality control consultant German firm to oversee the IPP construction

Keenly aware mess up is not an option

Shareholders ni mcm mcm

Ada yg x nak attend

Ada pula yg suka cakap je mcm pak cik yg satu tu bla bla bla telling ALP to stop property buat IPP bagus sikit

Kan JAKS dah bilang byk kali it will stop property and focus on energy?

Lost a bit of time there

Bang questions tu biar short n sharp

ALP tu fair enough has asked for specific questions

Jadi klau xda yg tanya maka x jawab no answers

Star date dan based on what? Not clear

Yg ni sbb nobody asked ALP

Maybe can write in dgn specific questions

OCT 2016

Counting backward 3 years from OCT 2019 iaitu Star punya completion date

Star x claim completion date was back in 2017 2018 tapi OCT 2019 bermakna Star pun dah admit there were many agreed extensions

First it was JDA later tukar ke SPA in long ago dlm tahun 2012 klau x salah Sarifah

When to start counting?

JAKS date is from the date the required gomen agencies approval was obtained

Star date dan based on what? Not clear

ALP bilang kat AGM JAKS ada employed a claim expert to make the counter suit that includes the LAD

SPA with Star dated OCT 2016?

IPP Technical Manager kata JAKS got the last IPP kat Vietnam under sistem BOT

No more sweet deal like JAKS lagi

Klau benar Toyoink deal kan less sweet

JAKS is the third IPP under sistem BOT by foreigners

DK66

Sarifah asking u to write sbb u punya calculations remain good

Oso qqq3 ada mention ALP didn't want to report high profits to Vietnam gomen

Sarifah tetap berjiwa IPP tetap unapologetic angkuh dan liar

Sarifah tetap berjiwa IPP tetap unapologetic angkuh dan liar.

Oso Sslee u r really encouraged to buy 100 syer to b JAKS shareholder sbb MSWG x come to JAKS AGM

Oso to conclude if JAKS is bad or good

Sslee u r leaving stupid ppl like stupid fatimah hanging...

To conclude what u have started else ppl like stupid fatimah won't know what to do Stuck between heaven n hell

Have a conclusion on what hv been answered and what else to email in