Posted by Gotyou > 2023-07-23 15:59 | Report Abuse

I consider DK my sifu. Who are you, PureBULL...? Are you holding Jaks ?

Posted by soon9913 > 2023-07-23 16:58 | Report Abuse

the existing mgt dont know how to manage cash flow and go biz ma.. only know to fight more free share and salary to themselves

Posted by soon9913 > 2023-07-23 17:00 | Report Abuse

mutiple solutions can resolve the issues
1. change the lousy management
2. sell the loss Making biz
3. sell the malls to experienced operator

after that their operation will turn positive cash flow.

Posted by soon9913 > 2023-07-23 17:03 | Report Abuse

recognise once off loss by selling loss Making biz is better than keep making loss over the years

Posted by soon9913 > 2023-07-23 17:05 | Report Abuse

FAT OR THIN? of course is fat la. the management and the director fat, not the shareholders.


Please vote the existing mgt out

Posted by Sslee > 2023-07-23 17:35 | Report Abuse

Discount factor of 10-13 % is too high.
Imagine if your bank borrowing is 10-13% interest rate then no business can survive.

And with LSS4 solar project IRR of low single digit and if you applied NPV value with 10-13% discount rate then for sure the NPV cannot cover the peojwct cost/capital employed.

Normaly the discount rate used for NPV calculation should be about the country inflation rate.

Posted by SarifahSelinder > 2023-07-23 18:20 | Report Abuse

People ask to value JHPD the IPP using NPV

U value JAKS using NPV

JAKS NTA 0.68

Klau u pandai enough u value JHPD using NPV

One option is JAKS jual jer 40% JHPD tu

Posted by Sslee > 2023-07-23 19:28 |

Post removed.Why?

Posted by Gotyou > 2023-07-23 21:23 | Report Abuse

Discount factor for npv should be slightly higher than borrowing cost. USD commercial lending rate is around 8.5% now so 10-13% is reasonable expectation of return from a large and risky project.

Posted by CynicalCyan > 2023-07-23 22:51 | Report Abuse

MFCB is still by far the more superior company, if one is interested in investing in power plant business.

Posted by Robert Waters > 2023-07-24 09:56 | Report Abuse

Very interesting article (Fat/thin). I recommend.

Posted by Augustine > 2023-07-24 11:23 | Report Abuse

Quite interesting projection on Jaks' FCF

Posted by XiongDaDa > 2023-07-24 11:55 | Report Abuse

If compared with MFCB, MFCB is stronger than Jaks..

Posted by sense maker > 2023-07-24 12:01 | Report Abuse

Even a 25% discount factor is too low. Risk premium for Jaks’ management abysmal integrity level alone is north of 20%, disregarding biz and industry risks.

Posted by Asengkianjoo > 2023-07-24 12:06 | Report Abuse

Gotyou, since you know it can be precise and the source is unreliable since it verified but you sting publish . This is very irresponsible and motive motivated to suppress the price .

Posted by soon9913 > 2023-07-24 12:07 | Report Abuse

sense maker, you are right !! haha ,

Posted by soon9913 > 2023-07-24 12:08 | Report Abuse

their mgt must be thinking integrity is a food name can be eaten into tummy... nothing important.

Posted by Asengkianjoo > 2023-07-24 12:09 | Report Abuse

Dk is my good friend , he does not agree with what you did. He will slap you .

Posted by soon9913 > 2023-07-24 12:12 | Report Abuse

kianjoo, support dk come out say something... !!

Posted by Asengkianjoo > 2023-07-24 12:17 | Report Abuse

What a shame to use my good friend inaccurate DCF to mislead the readers here .

Posted by Asengkianjoo > 2023-07-24 12:18 | Report Abuse

You are not telling truth since the source of your information can not be verified. Please stop doing more damage to my good friend DK

Posted by Sslee > 2023-07-24 12:32 | Report Abuse

Quote,"I received a request to do a comprehensive cash flow projection based on the confidential table of capacity charges I received recently. He requested for NPV valuation based on the net cash flow using 10-12% discountrequested for NPV valuation based on the net cash flow using 10-12% discount factor. He understood that it is very difficult to be precise on a long term projection and he quoted me saying "You don't need to know the weight of a man to tell if he is fat" unquote

So is Aseng saying?
1. It was DK that provide the confidential table of capacity charge to Gotyou.
2. Gotyou use Aseng good friend DK' inaccurate DCF to mislead the readers here.

My question since DK is an accountant then I would not thik DK will ever make a request to Gotyou for NPV valuation based on the net cash flow using 10-12% discount?

Most likely all the above have nothing to do with DK.

Posted by Asengkianjoo > 2023-07-24 12:35 | Report Abuse

I had already complain you are exploiting his fact and data to spread fear and mislead the readers

Posted by Asengkianjoo > 2023-07-24 12:36 | Report Abuse

Sslee, you are not God
Your ignorance is not spared from karma

Posted by Sslee > 2023-07-24 12:44 | Report Abuse

Posted by Asengkianjoo > Jul 24, 2023 12:09 PM | Report Abuse
Dk is my good friend , he does not agree with what you did. He will slap you .

Most likely above is false. If it is true then Asengkianjoo can just call up DK and make clarification with DK and not simply talking without sense in this forum.

Posted by Asengkianjoo > 2023-07-24 12:58 | Report Abuse

What ignorance ? Ignorance of damage done with good intention and Ignorance of damage to be done with whatever intention .

Posted by Asengkianjoo > 2023-07-24 13:02 | Report Abuse

Are you sure what you said will be reflected in the market. Open your eye big big , how is the market react after so many gotyou negative posts

Posted by WongGK92 > 2023-07-24 13:05 | Report Abuse

Can management disclose that kind of information to investors?

Posted by Sslee > 2023-07-24 13:09 | Report Abuse

Why claim ignorance when KYY and later OTB had leave JAKS for good and red flagged poor/bad management and trustworthiness/integrity of BOD especially ALP?

Posted by Asengkianjoo > 2023-07-24 13:13 | Report Abuse

They do not believe in God, then what do they believe? MONEY!!!!!@

Posted by Sslee > 2023-07-24 13:13 | Report Abuse

As a trade no one will stop you to bottom fishing but as an investment the above article is very useful in telling you, you need to wait till 2031/32 to see a positive cashflow.

Posted by Sslee > 2023-07-24 13:22 | Report Abuse

I believe i3 forum is a good place for everyone to post their diverse opinions/views on investment so that all can benefit from the diverse information and make their informed-investment decision.

As should everyone/anyone believe in God?
That is an answer between everyone/anyone and everyone/anyone creator.

Posted by Asengkianjoo > 2023-07-24 13:56 | Report Abuse

GOTYOU :I received a request to do a comprehensive cash flow projection based on the confidential table of capacity charges I received recently. He requested for NPV valuation based on the net cash flow using 10-12% discount factor. He understood that it is very difficult to be precise on a long term projection and he quoted me saying "You don't need to know the weight of a man to tell if he is fat". ..................................................... 1. who is the one requested you to do so ........ YOU DOT KNOW ? 2. how reliable is his shared information is valid and true ? ...... YOU DO NOT KNOW 3. What is the damage that will be done to the public if the information is not accurate ? .............. YOU DO NOT KNOW

Posted by Asengkianjoo > 2023-07-24 13:57 | Report Abuse

WHY ????? IS YOUR OWN EGO THAT IMPORTANT THAT YOU ARE WILLING TO SELL YOUR CONSCIENCE ?????

Posted by Asengkianjoo > 2023-07-24 14:13 | Report Abuse

Dear Sslee , please forgive me, I have misunderstood you

Posted by Asengkianjoo > 2023-07-24 14:16 | Report Abuse

i had deleted all the post . very very sorry . I am sinful. I will punish my self to donate RM 200 to UNICEF for the wrong I had made . please forgive me my good friend

Posted by Asengkianjoo > 2023-07-24 14:23 | Report Abuse

what is the moral of the story?

WHAT YOU THINK IT MUST BE RIGHT CAN BE WRONG !!!!!

market is full of surprise and unexpectation !

why are just playing a probability game with FA and TA !

nothing is 100% but >50% is likely but still not guaranteed

Posted by Asengkianjoo > 2023-07-24 14:59 | Report Abuse

PENALTY RM200 PAID TO UNICEF .Donation Reference:

WT2307240014

Posted by curiousq > 2023-07-24 15:00 | Report Abuse

Posted by Asengkianjoo > 4 days ago | Report Abuse
If I were gotyou , I will keep quiet .let the mistake be mistake rather than to make another mistake after 2 mistake

Posted by Asengkianjoo > 4 days ago | Report Abuse
Gotyou, do you know it is me who share with you the information . I never expect you can he that easily cheated


The above is true？

Posted by Asengkianjoo > 2023-07-24 15:05 | Report Abuse

Now I can watch movies with ease of mind now. what i learnt ? count 10 before I talk . if not, be prepared to pay RM 200 penalty

Posted by Asengkianjoo > 2023-07-24 15:07 | Report Abuse

curious ,
you are right to point . it can be Aseng or Curious oe Sslee or anyone because you DO NOT KNOW WHO and it is classfied as CONFIDENTIAL !!!!

Posted by Asengkianjoo > 2023-07-24 15:08 | Report Abuse

Confidential then made public ? TUA_PEK GONG also can not agree what more a rational mind

Posted by Asengkianjoo > 2023-07-24 15:10 | Report Abuse

moreover Jaks cash is nothing new . it is already a well know right from the first day we bought

Posted by curiousq > 2023-07-24 15:14 | Report Abuse

OMG!! it is not me !!

TUA_PEK GONG shall punish me if Im a shameless liar

Posted by Johnchew5 > 2023-07-24 15:15 |

Post removed.Why?

Posted by Asengkianjoo > 2023-07-24 15:21 | Report Abuse

PP and RI are also nothing NEW !!! Jaks is small company doing a mega project . I have an earthwork construction company, my company also facing cashflow after MCO no works and we wish to replensish our mechinery to enhaance the company profitability . after all the PP , now we we among the top subcontractor in the field . what is the big deal of the cash squeeze , if the company still has a strong income from the power plant to restructure the repayment if needed . why amke thing so complicated . cash flow is just temporary , it can be resolve when the core business is still promising . you are an outsider , not even has a business of your , what nut do you know well other than playing with the figures

Posted by Asengkianjoo > 2023-07-24 15:24 | Report Abuse

curious ,

not me too ......

must be his own tua-pek-gong .

this idxxiot made me kenal panelty RM200 for nothing . still dare to say no damage done

Posted by curiousq > 2023-07-24 15:28 | Report Abuse

OMG!!! hope no shameless liar here, otherwise TUA_PEK GONG will punish them

TUA_PEK GONG is a very good god and shouldn't be a subject for making jokes

Posted by soon9913 > 2023-07-24 15:36 | Report Abuse

Gotyou, how is the utilisation of the Vietnam plant? currently Vietnam is shortage of electricity, electricity consumption will increase in future...

Posted by Asengkianjoo > 2023-07-24 15:43 | Report Abuse

really Beh-Ta-Han ..., first time may be it is your ignorance . second time may be you are egoitic . third time now . i have good reason it is motive driven to supress the price to accumulate at low