KUALA LUMPUR (Oct 11): JAKS Resources Bhd has given investors assurance that the recent fluctuations in coal prices will not impact the group’s profit generated from one of its power plants in Vietnam.

This is because coal prices for JAKS Hai Duong Power Plant in Vietnam are passed through to the off-taker, Vietnam Electricity, said JAKS chief executive officer Andy Ang Lam Poah in a statement on Monday.

“The coal supplied to the power plant is entirely sourced locally, via the coal supply arrangement signed with Vietnam National Coal-Mineral Industries Group, commonly known as Vinacomin, to ensure a stable supply of coal for 25 years. In light of this, JAKS is not exposed to the risk on the global coal price fluctuations,” he said.

What is tunepro market share in local Malaysia travel insurance among all other players like etiqa, AXA? 30%? Perhaps auditor can check with tunepro IR

Someone kena margin call kah?

Down so much

RM150 mil is almost constant for another 24 years. local operations can't be forever bleeding. price is very much undervalued

https://www.investopedia.com/ask/answers/061515/how-much-do-changes-interest-rates-affect-profitability-insurance-sector.asp

Losses due to non renewal. Don't understand that...

Rohit Nambiar, Tune Protect Group CEO, said that TPT’s losses were primarily due to a group personal accident account which will no longer be renewed. Nambiar said that signs point to TPT’s recovery, due to encouraging top-line growth in 2021

https://www.insurancebusinessmag.com/asia/news/breaking-news/tune-protect-suffers-loss-for-2021-326994.aspx

Very good. That's what we investors wish to get from management, communication and information transparency.

And all long term bond converted to short term already?

Also how much losses due to flood?

Appreciate your view. Fair value losses is acceptable as this is macro factor. But just don't understand the share of losses in TPT. Would be better if Mr CEO can clarify that. Is that one off and potentially repetitive?

None of qtr before 2021 making loss. This 2021 already 3 qtr making loss. What happened?

Out. Loss making

LPI capital RM14. 20 vs Public bank RM4.32. The big boss Teh Hong Piow ok saja. Takde Wah pun. LoL

Tq SS Lee. I agree with u. My only worry is whether AA or AAX can still survive through this pandemic.

Hi SS Lee, my I know your opinion on tunepro prospect? Btw, thanks for the sharing.

Well done and tqvm

AllyAlly I was removed by Aseng from DK66's group just because I have a different view with him. I'm sad.
05/08/2020 11:33 AM--- I tried to defend u in the group. U did nothing wrong. Though I don't buy your idea.

Hi DK66. Kindly add me tq