This one also good advice for JAKS. Jaks now making huge losses on its property arm. and hor,

read the "investors ... they have to wait 8 years before they can see that the company has profit growth which is the most important catalyst to move share prices.

JAKS power plant, take how many years arr? kakaka, classic, this one



Property Development Business:
Acquisition of a new piece of land does not necessarily mean that the company will surely make additional profit, especially when there is currently an oversupply of properties in every town and city in Malaysia.

Even if the land is cheap, it takes about 1 year to get planning approval, another 1 year to draw all the architectural plans, another 1 or 2 years to get approval. Calling tender and selection of contractors will take at least another 1 year. Construction will take at least another 2 years. Assuming all the projects can be sold with profit, investors can only hope to see announcement of profit after 8 years.

If investors rush to buy the share as soon as they see the announcement of land acquisition, they have to wait 8 years before they can see that the company has profit growth which is the most important catalyst to move share prices.

This one serves JAKS well. some more foreign countries contract.


Construction contracting business:
Securing a new contract does not necessarily mean the company will surely make additional profit.

Studies have shown that there are more failures and bankruptcies in the contracting business than in any other business, and also almost all construction projects are not completed within the original scheduled time.

The delay in completion will cost the contractor more and that is why you can often see abandoned projects which have been undertaken by inefficient contractors. There are many reasons for this peculiar phenomenon.

possible JAKS price is being maintain for right issue, even push up.. so lari kuat kuat ya... else you got to take right issue later. and hor, if everybody dun wanna take right issue, sure die liao JAKS... double lao-sai, I tell you...If you take right issue, U slow slow wait n years, kakaka, dun forget JAKS got loss making bussiness that eaten up its resources, and steel price is escalating... this is business sense....

fast sifu, you becareful oh.... RM7B plant, Jaks effective interest is how many %? who is the taikor in this venture? Jaks got money to invest arr? Sell headquarters liao, and selling headquarters takes time, so ... right issue? U see KYY already start educating ppl to buy right issue liao, kakaka

warrant bullfeet sadi when everybody wanna buy , quick quick sell, when everybody wanna sell, quick quick buy. Now many ppl ask you to buy... so that U buy they cannot buy cheaper. kakaka

oil bullish got long oil, dun buy DNEX,, too far away, kakaka

sell lar sell la. USD down, RM super strong. take the money go short sell USD against RM better, kakaka

tan850201 sifu, sure or not? dun cheat me wor... suddenly drop like that, dunno what happened.

PPL fed up liao la... dun wanna play as long as take back money

die lor die lor

die fire lor, good prospect oso down... something is wrong

buy la, buy la, slowly help KYY get out of the wood.. U dun buy, then price will go up to lure you buy. wanna sell, U day day park upstairs may be got chansy... kakaka

rogers123 sfiu, you sure Dali wont make mistake? U try ask him and see. He dare say that in his blog, I give you thumb up. kakaka

Laf die me, all carry legs. not smelly meh?

poor small little JAKS. later ppl steal electric... habis...

Jia-lat... What I guess got people wrote about it..


Background
In Sept. 2011, workers broke ground on a 1,200-MW coal power plant in Hải Dương province. The project's sponsor is Malaysian company JAKS Resources, and the plant would cost $2.25 billion. One 600-MW unit is expected to be completed in late 2016, and the second in 2017. The plant would use coal supplied by Vinacomin.[1]

In late 2012 and early 2013, three investment partners on the project — Island Circle Investment Holding (Malaysia), Meiya Power (China), and Sanjung Merpati (Malaysia) — terminated their partnerships with JAKS.[2] In August 2013, the Vietnamese Minister of Industry & Trade pushed the contractors working on the plant, as well as provincial officials, to both accelerate the pace of work in order to finish according to schedule, and to ensure that planned local social and environmental mitigation projects are in fact built.[3]

In March 2014, JAKS' partnership with Chinese company Wuhan Kaidi Electric Power Engineering lapsed, and Kaidi exited the project; Kaidi had been both the engineering, procurement, & construction (EPC) contractor for the project, as well as putting up 40% of the equity. However, since JAKS had already spent $31 million on the project, the company stated that it would continue to pursue the project, and would try to find investors to replace those that it had lost.[2]

In July 2015, JAKS announced that it had reached agreement with China Power Engineering Consulting Group (CPECC) to build the plant. CPECC would put down $280 million and JAKS would front $125 million; the remainder of the plant's $1.87 billion cost would be financed through debt markets.[4] Pending final approval of this new arrangement by the Vietnamese and Chinese governments, JAKS hopes to begin construction in early 2016 and complete the plant by 2020.[5]

In March 2016, JAKS broke ground on construction. Unit 1 was scheduled to come online by December 2019, and Unit 2 by June 2020.[6]

In August 2016, provincial officials said that the project was moving too slowly, and urged the Ministry of Industry & Trade to investigate further. The project's main sponsor, JAKS, was reportedly having financial difficulties.[7][8]

chansy to get rid of JAKS these few days...

walau, super investor evolve become super gamble liao, kakaka

Penggoreng Gadang veli greedy la, not a good penggoreng

Clearsky sifu, North Korean dun buy US products ma, no meh?

Maxtrder sifu, Kim Jung Un is boycotting US product. US car industry sure die

sell la sell la, if not later north korea bomb US car factory liao

BBYFH sifu, die lor, ghost oso come kacau JHM arr? sure die this time...

gcke sifu, veli bearish arr? die lor die lor...

hstha sifu said automotive down trend liao, and JHM really drop... sure dire one

die lor die lor, JHM 311 already....

SP0094701 sifu, 1 qtr you can see growth already stop arr? just starting ma... how can every Qtr up one, factory got capacity limit one ma... now they are still renovating the new factory la..

keke sifu that 2 bil order book is construction oni...

die lor die lor, sell la sell la

die lor 125....

scary。。。 ppl run life

good news is missle is not targeting malaysia

seacera last time oso die deng， today deng until kennot deng。 wait la。。。 until the big shot kennot deng....

TQ. will do

DK66 sifu, there is one thing call die deng, no deng die faster....

chansy to run live...

Zhen Wei sifu, you sure or not? dun cheat me wor...

oiyo, up wor, kakaka

Stock Kingdom sifu, that one fake gold ma.. kakaka

I wouldn't have thought of finding out the steel price effect on PIPE company if not reminded by rogers123 sifu that JAKS is in PIPE business... How come KYY didn't use his business sense on this one?

not only that, I heard those companies which bid pipe projects way last 1 or 2 years are crying now... Dunno JAKS got kena or not...

moneypedia sifu, U a big sifu

Die liao this time...

JAKS vietnam projects got one big porblem. Steel price up a lot.. some steel price up 30%, some close to 80%...

If not I hentam JHM kuat kuat already.

I think of the replacement part oh... Just that the JHM public relation is veli poor, call them they dun wanna answer, wanna check you are the shareholders or not first. Jilakak they dunno what is "Public" means, and they dunno what is "Potential Investor" The one handle the investor relation veli teruk. bluff ppl she can check who is an who is not a shareholder. Even the registrar dun have the most updated info ler...

but I took profit from JHM oso, not because of hstha sifu comment, there will be ppl scared and sell cheaper, especially when they oso like hstha sifu so cleaver look at the recent 'down a bit" of US car sales report, kakaka, the report dunno reliable or not and dunno the company bot from JHM car sales up or down, and further, whether the sales good or bad, they already bought from JHM ler... the lamp fixed on the car already irrespective they can sell the car or not... and ppl dun wait there to let the sales drop ler.... U think US consumer like Malaysia meh, I car can drive 20years...

I think hstha sifu got stuck in Dnex liao.

Keith Han sifu, TA will shoot up after it reached RM1 , kakaka

I still haven't read the FLB Qtr report yet. This can wait.