👉Industry players estimate the tariff for LSS projects with BESS to be at 36 sen/kWh to 40 sen/kWh, but it depends on the hours of the battery storage.
👉“It could [be] double that if it goes [on for] 12 hours or 24 hours,” the industry source says.
👉For comparison, the average generation cost stands at 26.2 sen in Malaysia while Singapore’s is 20.69 Singapore cents (69.52 sen).
GETS tariff (Green Electricity Tariff) sold by Tenaga was recently raised to 21.8sen/kwh effective August 2023, (3) System Marginal Price under the NEDA wholesale market is averaging at ~22.7sen/kwh (as at September 2023), a decently large premium to the previous LSS4 winning bids of 18-20sen/kwh (for 30-50MW packages).
a.) Evolve Mall : loan balance RM 206.4 million… net book value as at December 2023 is RM 280 million.
b.) Pacific Towers : loan balance RM 70.6 million… net book value for Business Hub Tower only as at December 2023 is RM 232 million.
👉 Not only on anticipating Profit Gain on Monetisation these 2 properties asset , the Loans n Borrowings shl be reduced to Zero.
👉👉👉Loans n Borrowings as at June 2024 is RM 473.4 million….after monetise these 2 properties assets with Total Net Book Value RM 512 million … Jaks Shl be a Net Cash company.
> Loans n Borrowings = RM 473.4 million
Illustration:
1.) 473.4 - 206.4 - 70.6 = RM 196.4 million ( loans on LSS4 50MW project) .
> on Vietnam Power Plant 1200MW , EPCC RM 8.7 billion:
25 % equity ( shareholding 30 % ) = RM 600 million ( fully paid in Cash , No loans ).
75% loans ( shareholding 30 % ) = RM 1.96 billion
1.96 billion loans ( excluded interest) to be repaid in 10 years , starting 2021 :
Each year repaid loan amount = 0.196 billion
2021 to 2023 , 3 years = 0.588 billion
> 1.96 billion- 0.588 billion = 1.37 billion
>> Investment in Joint Venture as on June 2024 = 0.94 billion
No wander JHDP started paying Dividend from yearly to Half year as at June 2024 .
Haha Sslee said Jaks sold Penang Free Hold Lands on 9/9/2024 , monetise the Lands with RM 77.74 million ( a net pro forma gain of RM50.38 million ) . Jaks LSS4 50 MW Solar plant / farm in Penang Shl be no more Land wow ..
The findings:
1.) Referred to Annual Report FYE2023 , Jaks had acquired 30 plots of Free Hold lands in Seberang Prai , Penang on 2019 .
LSS4 50 MW project is awarded on 2021 ,Loans RM 220 million is approved on March 2022 .
> Jaks sold 13 plots of Penang lands , Balance 17 plots as LSS4 50MW Solar farm .
>> A smart n visionary of CEO Ang business acumen.
As compared to LSS5 2000 MW Solar project, EPCC RM 7.2 Billion ( tender RFP dateline 25/7/2024 ) … Jaks tendered for 200 MW ( with intention up to 500 MW ) , estimated EPCC RM 800 million ,
Land : 1730 acres in Terengganu is going to lease from TDM . ( up to 500 MW .. Rental is RM 578 per acre per year ) .
Based on type of Solar Panels ( different efficiency 12 % or 18 % ) selection , the Land can be a 200 MW to 500 MW Solar farm .
Pricing Date Settlement Price RM 4 Oct 24 4300 8 Oct 24 4271 9 Oct 24 4252 10 Oct 24 4233 11 Oct 24 4350 14 Oct 24 4313 15 Oct 24 4272 16 Oct 24 4311 17 Oct 24 4278
Windfall tax Threshold increase to RM 3650, still better than none. Wages increase from 1500 to 1700, but, i think nil impact to jtiasa worker as most of Indonesia harvester should already enjoy higher wages.
These wages increase hike instead most likely affect factories worker from Bangladesh
KUALA LUMPUR (Sept 13): A proposed minimum wage increase will raise the Malaysian plantation sector’s operating cost and push the companies to spend more on automation, Public Investment Bank said.
The Ministry of Human Resources is planning to propose raising the monthly minimum wage to RM1,700 from RM1,500, Nanyang Siang Pau reported, citing unidentified sources. If carried out, Public Investment Bank estimated that the operating cost of plantation companies will rise by up to 3%.
A higher minimum wage will push the labour-intensive industry to allocate capital for “automation of more work processes to reduce the headcount going forward”, including spending on robotic arms, drones, and other specialised machinery, the house said.
Sime Darby Plantation aims to have 100% local workers in its estates by end-2027 By Priyatharisiny Vasu / theedgemarkets.com 07 Mar 2023, 11:36 am
KUALA LUMPUR (March 7): Sime Darby Plantation Bhd (SDP) plans to employ 100% local workers by the end of 2027 with a minimum wage of RM3,000. According to SDP’s group managing director Mohamad Helmy Othman Basha, this move would help the plantation company reduce its dependency on foreign workers and propel it towards increasing mechanisation and automation on the ground.
“The end game is to reduce manpower as much as possible. For Malaysia, we want to recruit our locals. We want to have 100% local workers. I know it's a lofty target , but it is where we are moving by the end of 2027 with a minimum wage of RM3,000,” said Mohamad Helmy at the 34th Palm & Lauric Oils Price Outlook Conference & Exhibition (POC2023) on Tuesday (March 7).
He added that prior to the Covid-19 pandemic, the integrated palm oil producer hired 75% of foreign workers to work on the estates, while 25% represented local hires. “We are now only 60% foreign workers and 40% local.We want to change the prevailing perception of the plantation sector as a dirty, dangerous and difficult industry. We want to make the job easier and not laborious. Of course at the same time, cost and productivity is important,” said Mohamad Helmy.
He added that SDP aims to increase its land-labour ratio for oil palm plantations to one worker for every 17.5 hectares, from one worker for every 15 hectares currently. SDP is actively involved in accelerating its automation and mechanisation targets in several areas of its business, including rolling out mechanisation initiatives in its upstream operations, and software and hardware development for automation and robotics initiatives.
Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ > 1 hour ago | Report Abuse
Plantation owners appealing to government on excess profit levy EPL on their business. Why? Costs have gone up. Revenues by not so much.
They are asking the government to lower the EPL or raise the CPO target price to a higher level before triggering this EPL.
All the above shows plantations are not enjoying a bonanza period for now, unlike the incessant fake news by our Singaporean friend, who has thankfully disappeared.
Haha during Callvin blowing on B100 , I asked him what Shl be the retail price !!!
Indonesia Mau Pakai Biodiesel B100? Mahalnya Minta Ampun! Ardhi Suryadhi - detikFinance Minggu, 18 Feb 2024 14:00 WIB
Bandung - Penggunaan bioenergi atau energi terbarukan yang berasal dari bahan baku organik terus digaungkan di berbagai negara, tak terkecuali Indonesia. Namun usai euforia B30, apakah Indonesia benar-benar bakal melompat ke B100? Ya jika ditanya ada keinginan tentu saja pengin, namun berani bayar mahal? Menurut literasi Kementerian ESDM, B30 merupakan program pemerintah yang mewajibkan pencampuran 30% biodiesel dengan 70% bahan bakar minyak jenis solar, yang menghasilkan produk Biosolar B30.
Program ini diberlakukan mulai Januari 2020 sesuai Peraturan Menteri Energi dan Sumber Daya Mineral (ESDM) Nomor 12 tahun 2015 tentang Perubahan Ketiga atas Peraturan Menteri ESDM nomor 32 tahun 2008 tentang Penyediaan, Pemanfaatan dan Tata Niaga Bahan Bakar Nabati (Biofuel) sebagai Bahan Bakar Lain. Sementara B100 adalah istilah untuk biodiesel yang merupakan bahan bakar nabati untuk aplikasi mesin/motor diesel berupa ester metil asam lemak (fatty acid methyl ester/FAME) yang terbuat dari minyak nabati atau lemak hewani melalui proses esterifikasi/transesterifikasi.
Proses transesterifikasi adalah proses pemindahan alkohol dari ester, namun yang digunakan sebagai katalis (suatu zat yang digunakan untuk mempercepat laju reaksi) adalah alkohol atau methanol.
Proses pembuatan biodiesel umumnya menggunakan reaksi metanolisis (transesterifikasi dengan metanol) yaitu reaksi antara minyak nabati dengan metanol dibantu katalis basa (NaOH, KOH, atau sodium methylate) untuk menghasilkan campuran ester metil asam lemak dengan produk ikutan gliserol. Menurut Santosa, CEO Astra Agro Lestari, penggunaan sawit untuk biodiesel B35 diperkirakan bakal meningkat hingga 2 juta ton ke depannya.
"Namun kalau pertanyaannya, apakah kita bisa bikin dari B35 lalu lanjut ke B100? Jawabannya, bisa! Namun biayanya yang jadi soal," ujarnya saat berbincang dengan media di Bandung, Jawa Barat Jumat (16/2/2024).
"(Sebagai perbandingan) saya pernah uji coba produksi 100 liter E100 (bioethanol) untuk (pameran otomotif) GIIAS. Ini sengaja kita lakukan untuk riset, dan berhasil. Tetapi itu saja jika dihitung rata-rata, biaya per liternya Rp 15 juta," Santosa melanjutkan.
Jadi secara teknis, Indonesia mampu membuat biodiesel B100 ataupun E100. Tetapi soal biaya ini yang menjadi PR besar, berapa harga jual ke konsumen? Ataupun akan jadi seberapa bengkak subsidi yang harus dikeluarkan pemerintah?
Selain biodiesel, pemerintah sejatinya juga telah mengatur BBN jenis lainnya yakni bioetanol yang dikenal dengan istilah E100 dan minyak nabati murni atau dengan istilah O100.
Amazon is joining Google and Microsoft in going big on nuclear power While the AI boom has boosted revenues for major tech companies, it's also fueling huge demand for energy By Britney Nguyen UpdatedWednesday 2:56PM
👉 This is in USA … in Asia Shl be RE in Solar ..
As those MNC are in RE100 :
When RE100 was born in 2014, few thought it possible to reach 100% renewable electricity. As founding partners of the initiative, Ingka Group (IKEA Group) and Swiss Re put their heads above the parapet and made the ambitious pledge.
Haha is TSH due to the Land issue as Calvin had been blowing.. I am referred to the Annual Report on Top 10 Value Properties.. saying Indonesia government shl not buy back the 2nd parcel deal as they can use the other expired lease land , while wait for other leased land to be expired in few years for expansion… The outcome is 2nd parcel land deal is cancelled, Calvin MIA for weeks .
1.) Why Subur Tiasa and Rsawit ( under same RH group with Jtiasa ) are loss making in Timber and Plantation business? Subur Tiasa even diversified business into pipe manufacturing n auto sector since May 2023 .😱
Posted by Mikecyc > Oct 20, 2024 8:11 AM | Report Abuse
1.) Why Subur Tiasa and Rsawit ( under same RH group with Jtiasa ) are loss making in Timber and Plantation business? Subur Tiasa even diversified business into pipe manufacturing n auto sector since May 2023 .😱
?
Sslee sir, why Subur Tiasa and Rsawit ( under same RH group with Jtiasa ) are loss making in Timber and Plantation business?
Haha SuburTiasa also in down stream business: Manufacturing MFC board ke ..
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Posted by Mikecyc > 3 hours ago | Report Abuse
1.) Why Subur Tiasa and Rsawit ( under same RH group with Jtiasa ) are loss making in Timber and Plantation business? Subur Tiasa even diversified business into pipe manufacturing n auto sector since May 2023 .😱
Haha same hidden risk as Palm oil plantation replanting ke !😱
2. May I known when reforestation can to harvest? As AR 2006, reforestation started planting; As AR 2010, 29924 Ha is planted at 2010. Understood that reforestation is 12-15 gestation period. Why reforestation still not in harvest time?
Yes, some of our planted trees have reached maturity stage. We are in the early planning stage where we are assessing the correct strategic entry point to start harvesting cycle as we need to ensure there are sustainable trees supplies that meet the harvesting condition under government's policy to achieve economy of scale.
Haha why having so many mills .. under utilisation le !😱
4. Noted that CPO mill utilization is still consider low with around 50% plus, any target to fully utilize the CPO mill by buying external fruits? Yes, we are actively seeking to purchase more FFB from external parties as one of the sources to ensure better utilization of our CPO mill.
The target CPO mill utilization rate for FY2024 is over 60%. Around 10% of FFB was sourced externally in FY2023.
Haha just curious shl it be like TDM mis-location case on 2019 , after auditor is changed on 2019 … 2019 is in Loss .. 2018 is rectified from Profit to Huge Loss …2020 to 2022 is in Loss !!!
10. The Timber Division reported a loss before tax of RM19.9 million (Management Discussion - Page 13 of AR). However, the Segmental Information (Note 33 - Page 165-166 of AR) showed a segment profit from logs trading of RM15.821 million offset by timber manufacturing loss of (RM7.717 million). Please explain the disparity in the figures provided in Management Discussion and Segmental Information.
The RM19.9 million loss reported on page 6 & 13 of AR is the figure after consolidation adjustment, while the RM15.821 million profit under Logs trading on Note 33 page 165 of AR2023 is the figure before consolidation adjustment. Consolidation adjustment was done strictly following accounting standard and it has been verified and audited by our Auditor.
Between January and August, crude palm oil (CPO) prices rose by 3.1%, or RM121.50, to a high of RM4,005.50 per tonne from RM3,884 in the same period last year, MPOB director-general Datuk Dr Ahmad Parveez Ghulam Kadir told Bernama.
Spot CPO now is abt RM 4,300+
Repost: Figures and facts about Jayatiasa.
Aiyoyo Mike-tikus baru lepas penjara nak cari gaduh. Yang penting jayatiasa sekarang cash flow from operation RM 360 million + Budgeted FFB production for FYE 30/6/2025 1,211,852 MT Harga sekarang RM 1.17 Dividend 2 kali setahun 30-Aug-2024 13-Sep-2024 DIVIDEND Second Interim Dividend RM 0.0350 29-Feb-2024 14-Mar-2024 DIVIDEND First Interim Dividend RM 0.0250
Lu punya Jaks apa ada? Harga RM 0.13 Operating cash flow negative Dividend tak ada Minta duit banyak pandai PP atau RI tiap tahun Gua punya Jayatiasa sudah untung 6 digit (1 sen up 23k+) Lu punya jaks sudah rugi berapa digit?
Only ~5% of their palm trees are 20 years old and beyond. If i am not mistaken, inno is the only bursa company that has such an ideal palm tree profile.
Pricing Date Settlement Price RM 8 Oct 24 4271 9 Oct 24 4252 10 Oct 24 4233 11 Oct 24 4350 14 Oct 24 4313 15 Oct 24 4272 16 Oct 24 4311 17 Oct 24 4278 18 Oct 24 4255
Indonesia, the world's largest palm oil producer, likely consumed 11.9 million mt, or 26.6% of its total production, of the vegetable oil as a biodiesel feedstock in the marketing year 2022-23 (October-September), according to a US Foreign Agricultural Service report released August 2023.2 Feb 2024
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Mikecyc
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Posted by Mikecyc > 1 month ago | Report Abuse
Haha oredi posted peak season is May to November.. that’s why taken FFB output from July to September lo .
Twisting ke …