Using Jaks and MFCB model Tadmax can join the tender for jobs as sub contractor to get a slice of the pie and have continuing income while waiting for the power plant to be ready thus keeping up interest in its share

The licence from the government is so precious and valuable,yet Tadmax share price is worse off than before.If the current partners like the korean are not able to help,the company should tender the project wholesale on turnkey to the mainland chinese like in the case of Jaks which will come with financing by chinese banks .The company will not need a rights issue which neither it nor shareholders will like given its perpetually low price.The chinese power contractors are known to complete their projects ahead of time and technically sound.Tadmax management should not wait anymore

For sure Jaks will go higher than 1.44.With downtrend from 1.43 broken, uptrend according to Wave 5 can start and 1st target is 1.72

Look at Jaks chart closely.Its down trendline has been broken.The syndicate is in full control to move it up according to their plan basing on their intimate knowledge of events surrounding Jaks .Breakout is just days away for a upward trajectory.MFCB is a good example.

can confirm foreigners buying at above 540s.that means stock can go higher

There is no time to wait for Jaks.Breakout is anytime now that MFCB is pushing to reach its first target of 5.60 and onwards to 6.18 on W3.For Jaks the target is 1.72 and 2.18

syndicate cannot get sizeable cheap shares any more after many rounds of pushing down.MFCB already showing the way with sale of electricity already starting.Very soon Jaks too going to achieve COD.Cannot suppress Jaks price much further .

buyer just took 1 million at 1.24

Pulau Indah land 63 acres.

agree.malaysian tariff is always better and being in pulau indah there is visibility and transparency.now just need a proven main contractor.Kepco will likely tie up Posco ,korean engineering power house.

yahoo.the scramble for shares will start.price too cheap.

MFCB get to above 5 because its power plant project is completed and Jaks is above 1.25 also because it has a power plant project under construction.If Tadmax gets this final letter it will join the league and its stock price will appear to be too cheap

must be the letter from energy commission on the power tariff that the government will purchase power which can kick start the raising of financing and appointment of contractor

MFCB still on W3 with target 5.60.Using similar wave count,Jaks is headed for 1.72 on break out of this 120s range

Last call to buy into wave 5 with 1st T 1.72 which if roll on to 2.10 and 2.62

True,,OTB is like us ,reacting to published information.The operator is different,they know more about the company than us.Hence the huge volume in the trading and the outcome is always not what retailers expect.To avoid being a victim,to buy low in a selloff and hold like what OTB said

Dont forget it is the same operator who outsmart KY .They are a bunch of very confident traders who are very sure they can buy back shares at much lower level.

Not that sifu OTB is wrong.It is just that Jaks is controlled and actively operated by a syndicate with perhaps insider help who knows the exact timeline for the various upcoming events affecting Jaks.They also know the profit projection promoted in I3 is also too rosy so they can exploit and trade the stock willy nilly at retailer's expense.Notice MFCB is so different.Even when no volume the price doesnt drop becos its fundamental is rock solid.The operator of Jaks is able to outsmart retailers becos Jaks has yet to establish its fundamental which currently is more hyped up

we may be on wave 5 .shortest w5 extension is 1.72.with such high volume ,a w5 is going to last longer and higher which may be underpinned by plant completion and start of cod

Sifu OTB,MFCB wave 5 extension was from 3.63 to 4.84 over 3 month upward move more than 1.62x W0-3.It can happen for Jaks once the investors at latge especially the large funds see the power plant completion is less than 6 months apart and profit contribution from it in EPS is just as significant

This is a wave 4 consolidation which if over at 1.22 will be the start of wave 5 which has 3 possible extensions.shortest is 0.62x 0f wave 0-3 which will end at 1.72.second longest is 1.0 W0-3 which will take us to 2.18 and third is 1.62x ending at 2.77.The catalyst for this to take place will be the price action in MFCB,which if it goes higher will pull up Jaks as well.This is bc the price gap is too great.

Hector99,ceec is the holding company and cpecc is one of its operating units.hence the website shows only ceec.power plant work is by cpecc

DK66 is right.Last Q result shows over the last 9 months 152.5m of the cash generated from operations went into Investment in Joint Venture which is their share of the plant

MFCB sale of electricity is said to be usd120m and profit of usd65m from its 260 MW hydro plant starting december 2019 which will be increased to usd150m sales and usd81m in prof from a 5th turbine of 65MW in 2023,also contracted to Cambodian government.Jaks with its share of 360MW
should expect a profit of usd 90m or 360m ringgit and not 250m

my chart shows profit taking well absorbed.likely to retest 136

What is wrong with the group is a bunch of not efficient managers.the long delay in completion.cost overrun and now even delay also in starting toll collection on completed stretches.

what did I say this morning..blow past 126 will test 136.Now 136 is also blown away.next looking at 154

blow past 126,next resistance 136,therafter all the way to 154

the market valuation for bursa stocks is cheap.Jaks should be over 3.00 on completion .Yesterday a biomass power company,Absolute Clean Energy with a operating capacity of 211MW and eventual capacity of 1000MW was listed in Bangkok with a market cap of USD1470m(RM 6027M) giving it a valuation of mre than 6m per MW.Jaks 360MW would be 2160M or 3.35 per share

No change in major shareholder.It is still Surin.Just a reorganisation of his related companies into one pinjaya to hold WCE

Arbitrage works only if you have bought cheaper.most parent share held are higher priced. arbitraging is like cutting your nose to spit your face because the action is in effect taking a loss on old stock

very aggresive buying .First hour noon session done 7m or 30% at above 1.04. something very positive in the making

Can see a reverse head n shoulder thrust from 0.42 to 1.03 on weekly chart.next target by extrapolation (103-42) +103 is 1.64..

Jaks compelling buy bcos price difference with MFCB too big when project completion dateline is 6-9 months apart.

something big could be brewing in Jaks.Over 180m tshares or 27% of issued capital traded or changed hands over short period of 3 weeks at between 0.93 t0 1.02.A new major shareholder may be in place.Going to be very good for Jaks

I am surprised PLUS did not make any noise over the free toll by WCE in its newly opened stretches of S8,S9 as the longer it remains free,people will use it and avoid the North South highway stretch in those areas

Just look at Jaks situation which was similar to the situation in WCE now.The warrant came out in the midst of very negative climate for Jaks.The warrant-WR slide to zero by the close of listing and Jaks was 0.56.Now the warrant is 0.64 and Jaks is 0.935.So anyone buying WCE mother and WCE-PR is going to laugh to the bank

in 10 years time,for sure the price would be higher than 1.00

It is not possible to say with any certainty how much is the potential revenue .Your extrapolation may be optimistic.but mine is just over 10% of PLUS statistic which is more likely to be exceeded
when the highway is fully opened.Dont forget there is the long haul traffic to thePenang and the North and plenty of commercial vehicles heading to the ports at higher than private cars rates.All in all if WCE is able to achieve this low expectation continuosly going forward,its market price will also enjoy PE multiple expansion

Translate this to EPS of 0.08 the price for WCE on enlarged capital base of 3B would be 0.80.

Plus recorded revenue of 3.8Billion of which EBIDTA of over 2.6Billion.The bulk of it was derived from the North-South highway of 688 km.compare this with West Coast highway of 233km,which also has the added advantage of lots more local traffic as the highway is running near to many local towns.It is not far fetch to expect a revenue in excess of 400m and ebidta of 270m when the whole highway is open to traffic and collecting toll.

It was reported in the Straits Times on 24/9 the traffic that used the highway along Section 8 between 24/5 to 24/9 was 600,000 cars and assuming toll at rm2 that would be 1.2M in revenue and 3.6M annualised for the short stretch.

Jaks is taking down the green netting for the last tower block .looks like ALP's assurance to be able to complete the whole Pacific Tower project by year end may be achieveable.Get ready to load up on Jaks

the ex RCPS price of 0.35 is based on conversion px 0.32 and cum px 0.41.so holders who had not sold will see first stage gain already bcos RCPS subsription cost is 0.24..WCE ex all price should see steady improvement after this exercise in mid Nov

retailers should not sell at such low prices .instead they should subscribe for the RCPS to reduce the cost of their shareholding.The highway project's concession is for 55 years and so far all major concessions are highly profitable over time because the operating cost is low

the price will remain low until the last day for payment of RCPS.the major shareholders prefer the low price to discourage subscription by the retail holders so their underwriting can net as much as possible of the cheap shares

Jonathan,since you have more uptodate information and an expert on bond matters,what is your valuation of WCE .Care to share a bit?

uptrending,my calculation on WCE value is around yours which is 28m pkm for 233km or about 6.6B .so less government loan 1.9 the net value attributable to shareholders about 4.7B.the price now is a steal

Subscribe to buy cheap to halve your average holding cost.Any unsubscribed shares goes to those who want additional shares.The major shareholders have undertaken to take any unsubscribed portion.that's how confident they are of the company's future

expect terp at 0.39 same price as the warrant conversion price in which case mother share will have to rise back to 0.69 .it is the end game and major shareholders need to back up their share margin collateral