U must understand the LAW loh....in JV.. both partner are jointly & severally liable for completion of the contract mah...!!
U may spelt out this one is responsible of jaks that one is the responsibility of CPEC....but to the owner vietnam govt both are responsible loh....!!
U think...the savvy Chinese contractor simply let JAKS lock in profit meh ?? The lock in profit is just KYY dream mah....!!
Don forget there is no payout from the vietnam govt....the profit.. u make from construction... is just paper estimated profit paid by ownself thru joint own fundings & join loan mah.....!!
Actually profit only come from actual operations of Power plants...when they generate profit loh....!!
Stockraider is correct!
Actual profit from Vietnam power plant will only come from actual sale of electricity! That is 5 years away. Longer time taken than planting budgrafted durian which takes only 3 years!
Meanwhile Jaks share price has run far ahead of its true fundamental.
Dear fellow i3 forumers,
Calvin thinks there are now more better stock to buy than Jaks currently!
Better buy focus lumber which Stockraider has picked. KYY sell down presents cheap entry! FLB value has now emerged.
Another good buy is Latitude which KcChongnz thinks is now cheap. Cheap due to KYY selling. Latitude value getting better as price gets cheaper.
Other cheap bargains are Drb, Mui bhd, Dutaland, Opcom, Bpuri, Masteel, Cbip, Mrcb, Mudajaya, Thplant, Bplant, Ytl-power and Pba.
Any one of the above mentioned are better than Jaks
Remember,
Jaks at 40 cts is a Real Bargain few people want.
Jaks at Rm1.65 will burnt you kaw kaw later if you stubbornly chase it to your peril!
a lot of people trying to make sense of something which they do not even clear. Common sense no longer common nowadays. Please read and understand the deal before comment further.
As long as I can make his money n donate some I am happy..i am nobody i m not top 30 shareholders of any public listed n i dont have margin RM500 million..
Make whose money, dude? kyy did not owe your any money. if you make money, say sorry to him like a man.
Stop disrespectful to elder people
Posted by CharlesT > Apr 9, 2017 05:02 PM | Report Abuse As long as I can make his money n donate some I am happy..i am nobody i m not top 30 shareholders of any public listed n i dont have margin RM500 million..
Please note the info....given by Pbank are based on info feed by Jaks owner and KYY loh....!!
It is noted...high margin contract ?? But do they understand....vietnam govt not going pay a single cts unless and until the power plant is up and running in 5 yrs time loh...!!
Payment by vietnam....will only be made by electricity generated mah...!!
Meanwhile...the socalled lucrative construction contract profit...are just imaginative shiok sendiri paper profit loh...!!
It is just left pocket....making monies from right pocket...!! All the payment...come own sendiri & own borrowing mah...!!
How about you? will you be around 2020-2023 too? I can sense you are an educated person around 30-40 but like most Malaysians, they are so intoxicated with the system and they blame everything under the sun but not themselves, be it about education, politic or society. On top of that, they are arrogant and disrespectful because they thought they are more superior than the other comrades/race. Normally this trait is more prevalent in this group age. pity
Posted by CharlesT > Apr 9, 2017 05:23 PM | Report Abuse Anyway I kepo a bit..how old r u Spore Kuku?U sounds like an elderly man
I sincerely wish u will still be around in 2020-2023 then, when and if IPP is finally ready..
Posted by CharlesT > Apr 9, 2017 05:57 PM | Report Abuse Dont migrate to other world b4 ipp ready...
Posted by CharlesT > Apr 9, 2017 05:56 PM | Report Abuse Wah..u made a good guess...anyway i hope u r still in this world by 2020 then....take good care so that i can say tq to u then
got ppl buy 20%+ want not rise oso kenot la, but if that person start sell down, same thing dun want down oso kenot. kakaka that person is not a long term investor, but an opportunist..can flip flop and turn around to tok bad a stock just promoted not long ago...
later he sell down and tell you he had made a mistake, he is brave to admit his wrong and that's the value of a super-investor, he is a human oso, and human make mistake...else he can tell you the stock over-valie, or reach fair value so he dispose of it.... kakaka, make sure U out run him...
company already warned analyst next quarter will still be weak bcos of CNY no work progress. plus the deferred income it's not defer one quarter but until completion of the boiler part. this is another level of stupidity
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Posted by r°Moi > 2017-04-09 16:17 | Report Abuse
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Point is... Mr K.. eventually will be repaid handsomely for his trouble
That is the very basis to sailang
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