INSAS BHD

KLSE (MYR): INSAS (3379)

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Last Price

1.01

Today's Change

0.00 (0.00%)

Day's Change

1.00 - 1.02

Trading Volume

490,100


44 people like this.

45,795 comment(s). Last comment by Tatooine 2 days ago

Johnchew5

11,307 posts

Posted by Johnchew5 > 2023-09-21 08:23 | Report Abuse

Jaks share of profit


Jaks : Vietnam Power Plant Project BOT 25 years concession tenure. >>


A ) Referred to FY21 Annual Report :


The turnaround to Profitability was mainly from the share of profit in the Vietnam joint venture which amounted to RM 140.7 million in FYE2021 as compared to RM3.8 million in the previous year .



B ) Referred to FY22 Annual Report :


The increase in Profitability arose from the Higher share of Profit from the Vietnam joint venture that rose by 11 % to RM 156.2 million.



And Dividend RM 70.0 million.



C ) Referred to 1st QR ended March 2023 :

Share of Profit in Joint Venture is RM 28,326,000 compared to March 2022 RM 33,936,000.


( Note : from Key Matters Discussed, the reduced Share of Profit is due to increased interest expenses .


D) Referred to 2nd QR ended June 2023 :
Share of Profit in Joint Venture is RM 32,312,000 . Wow really a Cash Cow , 💪.




>> JHDP has been granted the Investment Certificate by the Ministry of Planning and Investment of Vietnam on June 2011 to develop a 2 x 600 MW Coal Fired Thermal Power Plant Project in Phuc Thanh Commune, Kinh Mon District, Hai Duong Province, Vietnam ("Hai Duong BOT Thermal Power Plant"), under the form of Build-Operate-Transfer ("BOT") for 25 years.


>>> Construction of Hai Duong BOT Thermal Power Plant has commenced in the first half of 2016. Hai Duong BOT Thermal Power Plant achieved the commercial operation for its first unit on November 2020, while the commercial operation for the second unit was achieved in January 2021.




👉 Hoho 3QR Vietnam JV share of Profit by November 23 is looking Good 👍 also .. as the High Temperature issue is Peak from April to July.. n Shortage of Industrial Power Requirements…

Johnchew5

11,307 posts

Posted by Johnchew5 > 2023-09-21 08:24 | Report Abuse

Jaks non current asset


Refer QR ended March 2023 :


Non Current Assets :


PPE. 273,041,000


Investment Properties 594,321,000


Investment in Joint Venture. 829,105,000





Refer QR ended June 2023 :



Non Current Assets :


PPE. 278,626,000

Investment Properties 590,929,000

Investment in Joint Venture. 861,417,000


===


Note : Compared 2QR to 1QR >>


A) PPE : increased RM 5,585,000 👍


B) Investment Properties : Decreased RM 3,392,000 👍


C) Investment in Joint Venture. : Increased RM 32,312,000 👍

Johnchew5

11,307 posts

Posted by Johnchew5 > 2023-09-21 08:29 | Report Abuse

Hoho Jaks got 2 Cash Cow Projects which Commercial Operating Date :

1) Vietnam Power Plant : January 2021 with 25 concession years tenure .

2) Local Solar LSS4 Project : August 2023 with 25 concession years tenure .

Johnchew5

11,307 posts

Posted by Johnchew5 > 2023-09-21 08:31 |

Post removed.Why?

Johnchew5

11,307 posts

Posted by Johnchew5 > 2023-09-21 08:33 |

Post removed.Why?

Johnchew5

11,307 posts

Posted by Johnchew5 > 2023-09-21 08:36 |

Post removed.Why?

Johnchew5

11,307 posts

Posted by Johnchew5 > 2023-09-21 08:39 |

Post removed.Why?

Johnchew5

11,307 posts

Posted by Johnchew5 > 2023-09-21 08:42 |

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Johnchew5

11,307 posts

Posted by Johnchew5 > 2023-09-21 08:50 | Report Abuse


Insas

Hoho Points to Be Noted :


1.) Keep Selling Profitable Business


2.) Repeatedly issued RI to pay Bridging Loans .


3.) After RI is issued on 2021 , Staff Expenses is increased more than RM 20 million on 2021 compared to 2020 …


4.) A) High yearly employee salaries expenses :

👉 👉 RM 27.67 Million per Year … BOD remunerations = RM 4.8 million

Total = RM 32.47 Million per year .🤩



B ) Other Operating Expenses = RM 25,842,000 / Quarter



Insaf Signal to be Gone Case …….

Posted by StartOfTheBull > 2023-09-21 08:50 | Report Abuse

Future for Insas looks dim.

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-21 08:50 |

Post removed.Why?

Posted by OldReader74 > 2023-09-21 08:55 | Report Abuse

Doctor sslee already alternate ID early morning. Did you wear mask today, can continue to train your lung. You said you know.... breathe hard

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-21 08:57 |

Post removed.Why?

Posted by OldReader74 > 2023-09-21 09:00 | Report Abuse

I have fun rebutting wrong info from you, doctor sslee. Wear mask, breathe hard, train your lung stronger

Posted by OldReader74 > 2023-09-21 09:01 | Report Abuse

Hehehe...you know you losing again

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-21 09:02 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-21 09:04 |

Post removed.Why?

Posted by OldReader74 > 2023-09-21 09:04 | Report Abuse

Good stock tips for readers here. Sell insas sebab strong reasons below

1. No volume, no liquidity
2. See the trend. Stuck long long
3. Time is cost and opportunity
4. Main shareholders do not care for minority
5. Look at other with liquidity. You can sit 10 years here

Remember time is money

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-21 09:06 |

Post removed.Why?

Posted by OldReader74 > 2023-09-21 09:10 | Report Abuse

Nice point, doctor sslee. Exactly for readers to know. Buy Insas is like FD. You want to earn only 2-3% from stock market? Why you buy stock, of course to earn higher and best inflation.

1. No volume, no liquidity
2. See the trend. Stuck long long
3. Time is cost and opportunity
4. Main shareholders do not care for minority
5. Look at other with liquidity. You can sit 10 years here
6. You want to best inflation. That why invest in stock market and not fd

Johnchew5

11,307 posts

Posted by Johnchew5 > 2023-09-21 09:25 |

Post removed.Why?

Felix888

3,364 posts

Posted by Felix888 > 2023-09-21 09:29 | Report Abuse

Where is the pokkai Income?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-21 09:34 |

Post removed.Why?

Posted by OldReader74 > 2023-09-21 09:44 | Report Abuse

Another good point to sell Insas. Look at how complicated the whole process and waiting time. Everything is let say let say by sslee alternate ID.

We buy stock and sell higher. There are many stock with liquidity and give higher return in short time.

Example CapitalA and watch the trend .You can gain more than FD in shorter time.

Top 6 Reasons Insas Not A Good Stock
1. No volume, no liquidity
2. See the trend. Stuck long long
3. Time is cost and opportunity
4. Main shareholders do not care for minority
5. Look at other with liquidity. You can sit 10 years here
6. You want to best inflation. That why invest in stock market and not fd

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-21 09:52 |

Post removed.Why?

Income

10,697 posts

Posted by Income > 2023-09-21 11:47 | Report Abuse

Ular Sir, OldReader74 is the macai of JongChw la. See his few comments only, you will know.




Posted by OldReader74 > Sep 21, 2023 9:44 AM | Report Abuse

Another good point to sell Insas. Look at how complicated the whole process and waiting time. Everything is let say let say by sslee alternate ID.

We buy stock and sell higher. There are many stock with liquidity and give higher return in short time.

Example CapitalA and watch the trend .You can gain more than FD in shorter time.

Top 6 Reasons Insas Not A Good Stock
1. No volume, no liquidity
2. See the trend. Stuck long long
3. Time is cost and opportunity
4. Main shareholders do not care for minority
5. Look at other with liquidity. You can sit 10 years here
6. You want to best inflation. That why invest in stock market and not fd

qqq47660

8,894 posts

Posted by qqq47660 > 2023-09-21 11:51 | Report Abuse

Nio raised 1 billion at 11... now got another 1 billion to spend

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-21 12:01 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-21 12:03 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-21 12:06 |

Post removed.Why?

Johnchew5

11,307 posts

Posted by Johnchew5 > 2023-09-21 12:08 |

Post removed.Why?

Johnchew5

11,307 posts

Posted by Johnchew5 > 2023-09-21 12:09 |

Post removed.Why?

Johnchew5

11,307 posts

Posted by Johnchew5 > 2023-09-21 12:09 |

Post removed.Why?

Johnchew5

11,307 posts

Posted by Johnchew5 > 2023-09-21 12:13 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-21 12:15 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-21 12:16 |

Post removed.Why?

Posted by OldReader74 > 2023-09-21 12:21 | Report Abuse

Fact. Good to repost. Hehehe

Top 6 Reasons Insas Not A Good Stock
1. No volume, no liquidity
2. See the trend. Stuck long long
3. Time is cost and opportunity
4. Main shareholders do not care for minority
5. Look at other with liquidity. You can sit 10 years here
6. You want to best inflation. That why invest in stock market and not fd

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-21 12:25 |

Post removed.Why?

Posted by OldReader74 > 2023-09-21 12:29 | Report Abuse

Good points. How to identify and recognise stock bad for investment. Hehehe

Top 6 Reasons Insas Not A Good Stock
1. No volume, no liquidity
2. See the trend. Stuck long long
3. Time is cost and opportunity
4. Main shareholders do not care for minority
5. Look at other with liquidity. You can sit 10 years here
6. You want to best inflation. That why invest in stock market and not fd

Posted by StartOfTheBull > 2023-09-21 12:48 | Report Abuse

Insas stuck.
JAKS engine started. 😊

qqq47660

8,894 posts

Posted by qqq47660 > 2023-09-21 13:04 | Report Abuse

The reality and the rumors. The reality nowadays is EV battery can outlast the car.

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-21 13:09 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-21 13:11 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-21 13:13 |

Post removed.Why?

Johnchew5

11,307 posts

Posted by Johnchew5 > 2023-09-21 13:14 |

Post removed.Why?

Johnchew5

11,307 posts

Posted by Johnchew5 > 2023-09-21 13:17 |

Post removed.Why?

qqq47660

8,894 posts

Posted by qqq47660 > 2023-09-21 13:36 | Report Abuse

nio says elon musk his hero. Likes to spend until he succeeds.

qqq47660

8,894 posts

Posted by qqq47660 > 2023-09-21 13:37 | Report Abuse

nowadays China batteries 1 million miles..............your car got 1 million miles?

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