Old man kcchongnz, better would be to refer to the PublicInvest research report and refer to the NPV as an estimation - the NPV is c. RM330mil

Then also refer to http://www.thestar.com.my/business/business-news/2016/03/29/jaks-eyes-irr-of-12-for-rm7bil-vietnam-plant/ where the MD says the IRR is only 12%

The PB analyst uses a 'mid-teens' IRR, an IRR higher than that guided by the MD, Ang, ie the NPV in the report is higher than what is guided in The Star's article

Jaks market cap is currently RM750mil

At current price, youre paying c. RM400mil for the construction and property business. AS IT STANDS, IT SURE LOOKS LIKE IT IS NOWHERE NEAR THOSE VALUATIONS

I've stated this in another Jaks blog article

As usual, idiot admins take it down. Bloody idiots going around targeting my comments and removing those that have real info. You can only guess what their intentions are. Thousands of other nonsensical comments dont remove, remove the one which has real valuations

Down a bit, cry already

Nasdaq specifically internet stocks plunged yesterday. Was waiting for another drop today..........

Tmr up back la, then look forward to next Qtr results

Airasia wants to sell its leasing arm, AAC.

As mentioned previously, Everbright owns HK-listed China Aircraft Leasing Group (CALC). Its share price movement in the past week is interesting to say the least...............


Scenario:

Everbright buys AAC but only partial sale (e.g. 80% so AA is still vested, gotta take care of its investment what, and what better way than to still have the seller still owning a stake - if youve ever owned a start-up company you'd know)

AA gets its upper range of indicative valuations @ USD 1-1.2 billion

They both get China JV

I believe this is what is called a 'win-win situation' you guys miss the phrase dont you trololololol

Old man koon faster sell down cover jaks and the bean stalk and sendai...waiting cheap sales hohoho

China Everbright owns aircraft leasing China Aircraft Leasing Group Holdings Limited...

Warrants are still idiotically priced

Calm down, you guys comment with no substance all also same same lembu lol


1. The entire article is redundant based on one simple fact:


AAC will be sold. Do you know the implications? To the P&L, to the BS, to the CF, to valuations?


No need to say how a lot of the 'obligations / debts' as mentioned above will be taken with AAC


No need to go into how the article tries to delve into operating leases, but no idea how it affects valuations (when someone states it wont be discussed here, when clearly the article is already so long my eyes bleed..........)


Redo it and include the 'operating lease details' AND a valuation which takes into account the AAC sale


Then we'll discuss the assumptions that are made in the DCF and how they're wrong


Just because you see those terms does not mean that he/she is a CFA and input-ing figures into a pre-made DCF template with auto-output and regurgitating those terms doesnt mean anything geh


Oh btw I'm not just commenting because I own the warrants lol. I shiet on my own stocks, and on others even more. Its fun

Relax 3.28 just got swallowed. When its big enough, it will come down

3.50 here lor, faster key-in your blocks dont keep revising you guys' already re-revised TP's everyday come here pick on the clueless buywithconviction la, investo la, supermx2 la, ownself also donkeys...

Make the 3.50 block big enough, so it becomes worthwhile to break down, and set the warrants free

Without implied volatility cant calculate options price what a bunch of donkeys dont know anything about options pricing dont simply say cant calculate or use the terms la damn obvious nuubs download some free model with inputs with no inkling of options models

AAV released their results cob 8 May 2017. Yesterday 9th, the stock dropped. Today only you guys realised and start jumping lol short-term jittery holders

So cantek

Those who wanna exit with TP's 3.5-3.6, dont let a few cents hold you back. Who have held a long time, who have missed exiting at 3.2x last year, and went through the trough at 2.1x, nobody's going to say you sold too low a price, or you left too much at the table. Enjoy the spoils

volatility is the name of the game

This is the time to ask yourselves if you are a long-term investor, or a short-term trader

When youve answered that question, everything will be clear

Epf must be eating it all up...their buy/sell decisions generally suck...but on AA so far seems like theyve managed to screw the foreign funds over trololo

Duke phase 2A will be.....after all deals like this are inter-dependent arent they.....

Tomorrow will be your last day to sell before iwcity goes limit down monday......

When icwity comes out of suspension...

You bought at rm1? You bought before announcement? You trade on insider news? Of course you will earn la, donkey also will earn nuub

Fatman tony should just sell IAA. Incurring losses so long as youre growing and eating up market share - okay. But incurring losses and losing market share after so many years, thats shite

The poster must be an accounts person...valuations are not done based on some pre-defined set of ratios and criterias (X<10, Y>5% etc) - if you know nothing of valuations, these are good guidelines, but its like seeing the trees and missing the forest

TMSB's contributions are detailed on page 93 of the AR. 5 mins of search and I dont even own this stock

The dumping is due to the uncertainty surrounding whether the deal goes through or not...if it does, you're looking at price popping back up to near 50cts, if it doesnt, well......

High risk, high return

Dolomite = Dynamite, same same

Lets see how far the rabbit hole goes

With almost 3000 pages ppl would think you guys would at least be above average...nope thought wrong you guys are just average traders who are always slow to the party

That said please push c24 for the true pros trololo

Lol microcap with such low average daily volumes also need to promote...what a nuub

Craken24 has been unleashed

MYEG what is your profession?!

8 BILLION!

Maybank what is your profession?!

100 BILLION

Well cant fault u guys for being conservative and buying the underlying...if youre buying mother only, here's a thank you from all of us holding the cw's

PB just released 1Q results which was meh

That said, 100bn here we come madafakaaa

You guys are so clueless its not even funny

AirAsia will hit RM5 this fiscal year

Leave nothing on the table

Enjoy the ride

Ekovest will help the Gov through 'enhanced' design of the treatment plant

Approximate savings to the Gov is 94.7mil

Ekovest will be paid a sum of a MAXIMUM 75% of the savings to the Gov

Project is for period of up to 30 Jan 2019 (or approximately 21 months from today)

???

Profit

Back to negative premium bloody idiots

Lets see how far the rabbit hole goes hohoho

Up a bit jump already...aim higher can ah

Damn sonnn

Unleash the craken24

Come on c1

Im surprised that with the mother share dropping like the mother of all bombs (MyegOAB) C1 still has some gungho buying at .445, .430, .425...someone must have keyed in the wrong numbers trololo likely the issuer is giving up and buying back...btw im still holding taking profit at .43 would be lousy

You guys are so clueless its like ripleys 'unbelievable' it or not lolol

Genting is 'controlled' by the Massmutualidiots...just like maybank and the mutuallyidioticepf...say what you want, large shareholders have significant sway, just ask those in ekovest

So unless they've pared down their stakes to the level they want OR they've actually collected enough warrants, my take is the WA will stay at around this level for a while still, which is good if u can time it and trade the warrants, not so good if you want to hit a magnificent homerun in the near term

Which bigshot queue 1.3mil units c1@0.43...go sell to him la

Gotta admit Im disappointed with C1...cant complain with an almost 5% increase but its still trading at a discount gotta love the clueless issuer and traders

Relax. Just as surely as the sun shines, so shall airasia soar above the clouds

Like its brethren triplc crest builder etc, it owns uitm concessions, in this case three of them which have been completed stretching for a period of 20yrs

Like most of these deals, no info. on annual availability nor maintenance charges are given (man you gotta love these tongkat deals). But the balance sheet provides where others may not......

IC12 based on operating assets only, concessions would be worth rm226mil (and im assuming here all borrowings are taken up for the concessions...)

Plus cash of rm56mil = circa rm280mil value

And this excludes entirely its investment property, land, inventory and all other assets totalling a few hundred mil...

If you factor in just a fraction of those...a ballpark rm300mil market cap is conservative

Vis-a-vis menang current market cap ~ 220mil

This is how real world on-the-fly valuations are done

No not even going to quote PE using earnings thats for conman nuubs

Gonna be fun collecting money from cimb

Stop misleading ppl la who says you cant use PE

I pity all the aunty's and uncle's and general public who read this who are going to dismiss earnings multiples

There's a thing called Fundamental PE, google it and let Damodaran lead the way. It ties in all the ROC/ROIC/ROE and costs of capitals (ie 'excess returns'), with growth, and how a deficit actually destroys value when you grow etc

When it comes to the mathematical / theoretical, the very foundations of intrinsic valuation, youre weak. You need to ask yourself, how many years have you been doing this, and if you read and spent that much time but still do not 'see' or are able to 'connect' these concepts......

Youre a pro or youre a noob, thats life

Lets see how far the c31 rabbit hole goes hohoho