Posted by Mikecyc > 3 weeks ago | Report Abuse

Posted by Johnchew5 > 1 hour ago | Report Abuse

Hoho so is worst than Jaks that the share of profit from Finance investing !


—

This is so that Yinson’s investors can have a better understanding of how the accounts will look from a finance lease and operating lease perspective.

IFRS is still what Yinson is required to follow. Even though presenting the operating lease numbers is not in line with IFRS, it is something that Yinson will look at doing better to explain its numbers in the next financial year.

Posted by Mikecyc > 3 weeks ago | Report Abuse

Posted by Johnchew5 > 1 hour ago | Report Abuse

Hoho Konartist sslleee why u promoted Yinson as Growth stock ?

Yinson :

CAGR : 3Y 83% TTM. 31.9 %



Jaks :

CAGR : 3Y 29.9% TTM 28.4 %

Posted by Mikecyc > 3 weeks ago | Report Abuse

Posted by Johnchew5 > 1 hour ago | Report Abuse

Hoho worried hidden risks on Yinson QR ended April 2024 n July 2024 :

>QR ended April 2024 , Net Profit RM 203 million- RM 236 million ( increased of Loans n Borrowings) = - RM 33 million.

>> QR ended July 2024 , Net Profit RM 203 million- RM 3,025 million ( increased of Loans n borrowings) = - RM 2,822 million.😱



-

Yinson Loans n Borrowings:


3.) QR ended July 2024

RM 19,580 million


👉Compared Q to Q : is increased by RM 3,025 million.



2.) QR ended April 2024

RM 16,555 million.


👉Compared Q to Q : is increased by RM 236 million.


1.) QR ended January 2024

RM 16,319 million.

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha looks like better unloading Jtiasa as expected QR ended September with higher production output ( Peak Season ) n Dividend is ex on September 2024 !

Posted by s3phiroth > 3 weeks ago | Report Abuse

Who care about export duty hikes? Customers pay it on top of the cpo price anyway.

Posted by Sslee > 3 weeks ago | Report Abuse

If CPO price can hold at this level then quarter ended 31/12/2024 will be another fantastic quarter.

But for jaks quarter ended 31/12/2024 will be as usual multi-million in impairment of receivables.

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha no worries, as u said earlier minimum wages RM 1700 ( floor rate not include new hires) shl not impact Jtiasa plantation!🤣🤔


3% le sap sap Sui … insider said production cost is Below RM 3000 , with additional max 3 % .. is only Below RM 3090 …

No worries la .. if there is Import/Export Duty Exemption referring to Tariff Code … who cares , just charge to customers lo . So simple in doing business le , who cares !🤣🤔

>>>



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%.

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha During Indonesia CPO export Banned .. inflation rate is getting High n Cooking Oil price is hike , and need money for Biodiesel subsidise … thus export banned is cancelled.

This round on Thailand CPO export Banned ..


Thailand bans export of raw palm oil until December
November 1, 2024 at 11:07:30
Thailand's Department of Internal Trade has temporarily banned the export of raw palm oil due to reduced production caused by drought and plant diseases.


Unit of Measure
1000 MT
Rank Country Exports (1000 MT)
1 Indonesia 28,400
2 Malaysia 16,700
3 Guatemala 875
4 Papua New Guinea 800
5 Thailand 750
Year of Estimate: 2023

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha as Jaks won the 6 years Legal trial against Star Media on Pacific Star Petaling Jaya , Selangor project on April 2024 … now proceed with the counter claimed suit total over RM 540 million.


B) Of the net impairment loss on
trade receivables and other
receivables totalling RM31.9
million in FY2023, how much was
attributable to the Construction
division? Please provide further
details on the projects involved
and the nature of the other
receivables that have been
impaired.


B) The impairment loss on trade receivables and other receivables recorded were mainly attributed to the Construction Division, primarily due to local
construction projects, including the Pacific Star PJ project.

The impairment computation is based on expected credit loss model in accordance to accounting standards after taking into consideration the
management's plan and action taken to recover the trade receivables, other receivables and contract assets at the date of the report. However, based on
the accounting standard, accounting policy (refer
to note 2(c) to the financial statements),
computation and objective evidence, the above impairment is recognised to the current year P&L.

If subsequently the trade receivables, other
receivables and contract assets being recovered,
👉👉👉the impairment amount will be reversed.

Posted by Mikecyc > 3 weeks ago | Report Abuse

Property division:

👉QR ended December 2023 is Loss ( RM 24.8 Million)

>> In the quarter under review, the Property Investment division recognised lower
revenue contribution of RM3.1 million, from RM4.0 million achieved in the previous
year's corresponding quarter.

👉 This division reported a profit before tax of RM15.4
million, compared to a loss before tax of RM5.4 million in the fourth quarter of 2022
mainly due to 👉the reversal of provision made in previous years.

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha Peak season for Production output is from May to November le !

—
Posted by Sslee > 53 minutes ago | Report Abuse

If CPO price can hold at this level then quarter ended 31/12/2024 will be another fantastic quarter.

But for jaks quarter ended 31/12/2024 will be as usual multi-million in impairment of receivables.

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha as posted earlier:

Jtiasa CPO production output ( MT) :


August 2024 : 25,238
July 2024 : 20,558
June 2024 : 17,018
May 2024 : 16,419

August 2023 : 23,324
July 2023 : 22,712
June 2023 : 16,580
May 2023 : 15,489

July 2022 : 12,488
June 2022 : 11,723
May 2022 : 11,500

> July 2024 Production Output: FFB is dropped 7.9 % , CPO is dropped 9.5 % .

> August 2024 Production Output: FFP is increased 2.74 % , CPO is increased 8.2 %

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha understood the Palm mill is under utilisation, ard 50 % … FY23 did outsource for FFB !

Posted by Mikecyc > 3 weeks ago | Report Abuse

Hoho Konartist sslleee can calculate if CPO output is dropped 9 % by QR ended December 2024 … what is the impact ? 🤣🤔

Posted by Mikecyc > 3 weeks ago | Report Abuse

3.)

SGD :
Current Ratio 1.18
Debt-Equity (DE) Ratio 0.69
FCF Yield -0.3 %

Jtiasa :
Current Ratio 2.73
Debt-Equity (DE) Ratio 0.34
FCF Yield 20.22 %


Jaks :
Current Ratio 1.04
Debt-Equity (DE) Ratio 0.64
FCF Yield 0.81 %


👉 Question: Konartist sslleee is Sime plant/ SGD having Cash Flow issues as FCF Yield is - 0.3 % compared to Jaks + 0.81 %

Posted by Sslee > 3 weeks ago | Report Abuse

Aiyoyo Mike-tikus must be copy and paste from Pasar malam punya source.
SGD
FCF Yield -0.3 %?????

Posted by Mikecyc > 3 weeks ago | Report Abuse

Jtiasa : FFB production output

July 2023 : 110,269
August 2023 : 120,313
Sept 2023 : 129,158

Total = 359,740 ( - 15.5 % vs 2019)

Oct 2023 : 132,551
Nov 2023 : 114,287
Dec 2023 : 98,939

Total 🟰 345,777 ( compared to July-August-Sept is Less 3.9 % )


Jan 2024 : 87,820
Feb 2024 : 67,331
Mar 2024 : 61,673

Total 🟰 216,824 ( compared to Oct-Nov-Dec 2023 is Less 37.3 % )

👉 ( compared to July-August-Sept 2023 is Less 39.7 % )

👉👉Question: is coming QR ended September after is released is an unloading Opportunity ???

—
Remember Do 3 Own : Own Homework, Own Analysis and Own DecisionS as only you know your Risk level .

DecisionS: is changed Upon new information, new facts n figures.

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha half past 6 Konartist sslleee why promoted Xingquin until is delisted even knew is in Account Fraud… a Big Big order cannot be verified by Auditor … container line up ( front to end ) from KL to Seremban ( per analyst article) ! Why so dumbbasx in investing!🤣🤣🤣👍🤔

Posted by Sslee > 3 weeks ago | Report Abuse

Aiyoyo,
Mike-tikus jayatiasa is so simple just monitor the FFB production and MPOB spot price and you should know what will be next quearter profit look like.

Quarter ended 30/9/2024
Crude Palm Oil (MT) 69,463.00
Fresh Fruits Bunches (MT) 343,397.00
Palm Kernel (MT) 15,878.00

So can expect the quarter end 30/9/2024 plantation
EBITDA of at least: RM 358.41 X 343,397 = RM 123,076,918

Quarter ended 30/9/2023 CPO price: RM 3732
Quarter ended 31/12/2023 CPO price: RM 3616
Quarter ended 31/3/2024 CPO price: RM 3838
Quarter ended 30/6/2024 CPO price: RM 4026

Jul 2024 MPOB CPO spot price: RM 4034
Aug 2024 MPOB CPO spot price: RM 3910
Sep 2024 MPOB CPO spot price: RM 4023
Oct 2024 MPOB CPO spot price: RM 4387

Budget FYE2025 FFB production 1,211,852 MT

Jayatiasa plantation EBITDA for FYE 30/6/2024 is RM 414 million.
FFB production: 1,155,478 MT
Or CPO 228,631MT + PK 52,399MT

Plantation Revenue per MT FFB = 957,886,000/1,155,478 = RM 829.00
EBITDA per MT FFB= 414,132,000/1,155,478= RM 358.41
Direct cost = 829-358 = RM 470.59 per MT FFB

Segmental Information
The financial information in respect of the Group’s business segments for the current financial year
ended 30 June 2024 is as follows:
Oil Palm Timber Others Elimination Total
RM'000 RM'000 RM'000 RM'000 RM'000
REVENUE
External 957,886 56,589 1,317 1,015,792
Inter segment 720,949 83,663 3,320 (807,932) -
Total Revenue 1,678,835 140,252 4,637 (807,932) 1,015,792
EBITDA 414,132 (20,520) (1,598) - 392,014
Finance cost (9,998) (8,352) (111) - (18,461)
Depreciation and amortisation (125,588) (10,067) (2,051) - (137,706)
Segmental result 278,546 (38,939) (3,760) - 235,847
Group admin and overhead cost (27,064)
Other expenses (2,190)
Profit before tax 206,593

Posted by Sslee > 3 weeks ago | Report Abuse

Aiyoyo Mike-tikus no facts and figures again.
Since when did I promote Xingquan?

By the way Philip did promote Serbadk with his blog.

Posted by Mikecyc > 3 weeks ago | Report Abuse

Hoho konartist sslleee twisting ke ... i am asking on QR ended December 2024 and March 2025 ?

Posted by Mikecyc > 3 weeks ago | Report Abuse

oredi said QR ended September 2024 shl be higher then previous QR .. is an Opportunity for unloading ke ???

Posted by Sslee > 3 weeks ago | Report Abuse

By the way Mike-tikus can't you stop cut and paste financial data from your unreliable pasar malam source but go and read the financial report.

You need realible source (financial report) to do 3 own and not just cut and paste from pasar malam source.
Remember Do 3 Own : Own Homework, Own Analysis and Own DecisionS as only you know your Risk level .

Posted by Sslee > 3 weeks ago | Report Abuse

Aiyoyo Mike-tikus, why sell jayatiasa when CPO price is in an uptrend?
If sell jayatiasa then buy what? Buy Jaks?

Jul 2024 MPOB CPO spot price: RM 4034
Aug 2024 MPOB CPO spot price: RM 3910
Sep 2024 MPOB CPO spot price: RM 4023
Oct 2024 MPOB CPO spot price: RM 4387

Posted by Mikecyc > Nov 3, 2024 4:39 PM | Report Abuse
oredi said QR ended September 2024 shl be higher then previous QR .. is an Opportunity for unloading ke ???

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha is Jtiasa financial ratios is correct.. Konartist sslleee as usual used his kon maths extraction method.. oredi is proven 2 times wrong !

—-

Posted by Mikecyc > 1 hour ago | Report Abuse

3.)

SGD :
Current Ratio 1.18
Debt-Equity (DE) Ratio 0.69
FCF Yield -0.3 %

Jtiasa :
Current Ratio 2.73
Debt-Equity (DE) Ratio 0.34
FCF Yield 20.22 %


Jaks :
Current Ratio 1.04
Debt-Equity (DE) Ratio 0.64
FCF Yield 0.81 %


👉 Question: Konartist sslleee is Sime plant/ SGD having Cash Flow issues as FCF Yield is - 0.3 % compared to Jaks + 0.81 %

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha better buy Kimloong n Inno for long term investing !

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha as for Jaks .. oredi said n repost in Jaks forum .. let’s see on the LSS5 2000 MW EPCC RM 7.2 billion tender award is starting to be announced on November 2024 ( normally announcement completed for whole capacity within 3 months ) .

Jaks after getting MOAT on Vietnam JV Power Plant 1200 MW EPCC RM 8.7 billion … if Jaks is succeed in tender 200 MW to 500 MW in LSS5 … Jaks Shl be getting the MOAT of efficient Scale in Solar RE industry..

Although Solarvest is Taiko ( later might be Yinson ) in RE Malaysia but its RE asset is relatively Less ! And recently PP for CGPP project to raise Fund RM 56 million.. only able to get PP funding RM 28 million.

So far as to my study .. Jaks oredi submitted 200 MW tender ( dateline 25/7/2024 ) with intention up to limit 500 MW :

Jaks 51 % : CPECC 49 % ( China partner in Vietnam Power Plant 70 % )

Land : 1730 acres in Terengganu to be leased from TDM with rental RM 578 / acre/ year ..

Land can be 200 MW to 500 MW Solar farm depends on Solar efficiency 12 % or 18 % !

Posted by Sslee > 3 weeks ago | Report Abuse

Aiyoyo Mike-tikus,
Jayatiasa out of total plantation land 83,483 Ha 46,880 Ha is rented land you already make so much fuss and now you recommend Inno with all rented land?

Kimlooong is OK with limited plantation land but the price already too high.

Jayatiasa price should caught up with better dividend moving forward

Posted by Sslee > 3 weeks ago | Report Abuse

Mike-tikus isn't it a fact jaks do not have money to take on any more project.
How sure are you on jaks getting LSS5 and how jaks going to finance it?
Unless jaks asking more money from investors or shareholders with PP or RI.

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha as for CPO price :

2024 : Monthly Average Price ( RM / Ton ) :

January: 3783.5
February: 3949.5
March: 4215.5
April. : 4257.0
May : 3902.5
June : 3957.5
July. : 4034.0
August : 3910.5
September: 4023.5
October : 4387.5

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha recalled during debated against yr idol Conartist Calvin on Jtiasa .. he is blowing on how high of the CPO price .. but I said how abt the production output.. results is as I expected, then Calvin is shy away from Jtiasa !

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha QR ended September Shl be better due to Production output! QR ended December n ended March 2025 … production output is reducing!

Posted by Mikecyc > 2 minutes ago | Report Abuse

Haha as for CPO price :

2024 : Monthly Average Price ( RM / Ton ) :

January: 3783.5
February: 3949.5
March: 4215.5
April. : 4257.0
May : 3902.5
June : 3957.5
July. : 4034.0
August : 3910.5
September: 4023.5
October : 4387.5

Posted by Sslee > 3 weeks ago | Report Abuse

So what is jayatiasa FFP output compare with inno and kimloong?

Posted by Sslee > 3 weeks ago | Report Abuse

Is jayatiasa with Budget FYE2025 FFB production 1,211,852 MT not good enough?

How many mid-size plantations in Malaysia able to get FFB per year of over Million?

Can you find me a plantation stock value at market cap 1,217 million with FFB production of over a million?

Market Cap: 1,217 Million
NOSH: 974 Million

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha Inno plantations in Sabah … Jtiasa rented land is Suitable for Hybrid Rice cultivation as Sarawak Gov announced on Feb 2024 :


Jtiasa

Haha interesting le , 👉referring to Annual Report FYE2023 :

Top 10 List of Properties Owned :

1.) Pulau Bruit , Bruit Land District

👉Tenure : Rented land

Existing use : Oil Palm estate, CPO mill , Building & Quarter


👉Area : 52,880 hectares ( 76 % of planted are ) .


Approximate age of building: 15 years


2.) Pulau Bruit , Lot 5,6,14,15 Bruit Land District

Tenure : leasehold until 2064

Existing use : Oil Palm estate, Building & Quarter


👉Area : 10,043 hectares


Approximate age of building: 11 years


Posted by Sslee > 24 minutes ago | Report Abuse

Aiyoyo Mike-tikus,
Jayatiasa out of total plantation land 83,483 Ha 46,880 Ha is rented land you already make so much fuss and now you recommend Inno with all rented land?

Kimlooong is OK with limited plantation land but the price already too high.

Jayatiasa price should caught up with better dividend moving forward

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha see Konartist sslleee still with Tikuss Mata .. oredi posted many times :


Kimloong

FFB production output ( MT ) :

2019 :
July 20,800
August 20,849
Sept 20,517

Total = 62,166


2020 :
July 23,166
August. 22,192
Sept. 24,803

Total = 70,161. ( + 12.9 % vs 2019 )


2021 :
July 21,956
August 22,387
Sept. 24,654

Total = 68,997 ( + 11 % vs 2019)


2022 :
July 20,971
August. 24,796
Sept. 26,727


Total = 72,494 ( + 16.6 % vs 2019)


2023 :
July. 27,553
August 26,864
Sept. 28,295


Total = 82,712. ( + 33 % vs 2019 )



2024 :
July. 26,503
August. 27,367
Sept. 27,464

Total = 81,334. ( + 30.8 % vs 2019)



👉Compared to Jtiasa :

July-Sept: FFB MT

2019: 425,801 
2020: 326,209 ( - 23.4 % vs 2019 )
2021: 195,447 ( - 54 % vs 2019 )
2022: 263,948 ( - 38 % vs 2019 )

July 2023 : 110,269
August 2023 : 120,313
Sept 2023 : 129,158

Total = 359,740 ( - 15.5 % vs 2019)


> July 2024 : 101,601
August 2024 : 123,613
Sept 2024 : 118,183

Total = 343,397 ( - 19.4 % vs 2019 )

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha Repost :


> 3 stocks FA n 5 years DY :

1.) Kimloong:

Current Ratio 3.44
Debt-Equity (DE) Ratio 0.32
FCF Yield 8.19 %
p
Revenue QoQ 4.52 %
Revenue YoY 5.27%
Profit QoQ -20.22 %
Profit YoY -8.88 %
Profit Margin (Sector Median: 9.8) 10.06 %
ROE (ROIC: 16.4) 17.08 %
Dividend Per Share (DPS) 13.0 sen
Dividend Yield (DY) 5.46 %

DY :

2020 : 3.05 %
2021 : 6.94 %
2022 : 7.14 %
2023 : 8.52 %
2024 : 5.99 %


2.) Jtiasa :


Current Ratio 2.73
Debt-Equity (DE) Ratio 0.34
FCF Yield 20.38 %
Revenue QoQ 7.29 %
Revenue YoY 12.96%
Profit QoQ 58.46 %
Profit YoY -73.9 %
Profit Margin (Sector Median: 4.8) 13.84 %
ROE (ROIC: 11.17) 12.59 %
Dividend Per Share (DPS) 6.0 sen
Dividend Yield (DY) 4.84 %

DY :

2020 : 0 %
2021 : 0 % ( ssleee masih termakan Telur ke 🤣🤔)
2022 : 4.84 %
2023 : 4.51 %
2024 : 5.41 %


—-

3.) INNO :

Current Ratio 1.22
Debt-Equity (DE) Ratio 0.32
FCF Yield 1.22 %
Revenue QoQ 9.72 %
Revenue YoY 17.65%
Profit QoQ 48.07 %
Profit YoY 62.37 %
Profit Margin (Sector Median: 9.8) 26.27 %
ROE (ROIC: 18.39) 18.39 %
Dividend Per Share (DPS) 11.0 sen
Dividend Yield (DY) 6.51 %

DY :

2019 : 1.33 %
2020 : 6.07 %
2021 : 10.84 %
2022 : 11.94 %
2023 : 6.76 %

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha see the ROE ….

Posted by Sslee > 3 weeks ago | Report Abuse

Again Mike-tikus no facts and figures.

Pulau Bruit Lot 108, Block 14 Bruit Land District Leasehold land expiring on 18.05.2064
Oil Palm Estate, Building & Quarter 5,967.1 hectares 16 years 5,998
29/Aug/2023

Date of Acquisition 29/Aug/2023

Posted by Sslee > 3 weeks ago | Report Abuse

So in year to come will jayatiasa acquire the rest of the rented land?

Posted by Sslee > 3 weeks ago | Report Abuse

Kimloong
2024 :
July. 26,503
August. 27,367
Sept. 27,464
Total = 81,334. ( + 30.8 % vs 2019)

Jayatiasa
July 2024 : 101,601
August 2024 : 123,613
Sept 2024 : 118,183
Total = 343,397 ( - 19.4 % vs 2019 )

Mike-tikus Jayatiasa FFB production is 343,397/81,334= 4.22.
So am I right to say jayatiasa FFB production is 4.22 times higher than Kimloong?

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha another hidden risks … one of the reasons why Jtiasa replanting schedule is not effective???


Plantation companies seeking to renew land leases may have to return 20pct to govt
By Bernama
September 1, 2024 @ 8:43pm



BAGAN DATUK: A proposal is being considered for plantation companies whose land leases with the government have expired to return 20 per cent of the land to the state government if they wish to renew the lease.

Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said the proposal is currently being thoroughly reviewed by the Bumiputera Economic Council (MEB) in collaboration with state governments and the federal territories before it is implemented.

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha I am more interested on ROE for investing lo !

—-

Posted by Mikecyc > 17 minutes ago | Report Abuse

Haha see the ROE ….

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha still as usual Konartist sslleee kon maths :



Posted by Sslee > 3 minutes ago | Report Abuse

Kimloong
2024 :
July. 26,503
August. 27,367
Sept. 27,464
Total = 81,334. ( + 30.8 % vs 2019)

Jayatiasa
July 2024 : 101,601
August 2024 : 123,613
Sept 2024 : 118,183
Total = 343,397 ( - 19.4 % vs 2019 )

Mike-tikus Jayatiasa FFB production is 343,397/81,334= 4.22.
So am I right to say jayatiasa FFB production is 4.22 times higher than Kimloong?

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha Repost :

Palm oil planting area vs Production Output in MT :


👉Jtiasa :

Planted Area : 69,589 hectares

FY2023 FFB : 943,924 MT

FY23 yield per prime mature / hectare = 18.64 MT / hectare


( 943,924 / 69,589 = 13.56 , old tree ? 🌴)



👉TSH :

Planted Area : 39,000 hectares

FY2023 FFB : 905,437 MT

FY23 yield per prime mature / hectare = 24.1 MT / hectare

( 905437/ 39000 = 23.33 )


Note :

👉TSH : change in Principle Officer :

> Resignation of Principal Officer : 

A) ED Tan resigned on June 2022 



B ) Ex CFO resigned on June 2022 



C) CFO Tan whom is appointed on June resigned on 4/8/2022 ….


D) New CFO Fong resigned on 1/9/2024


E) Group MD Tan resigned on 1/9/2024



👉Kimloong :

Planted Area : 16,263 hectares

FY2024 FFB : 329,587 MT

FY2024 yield per prime mature / hectare = 21.69 MT / hectare


( 329587 / 16263= 20.27 )

Posted by Sslee > 3 weeks ago | Report Abuse

Aiyoyo Mike-tikus do you know many of plantation land in Malalaysia and all plantation land in Sabah and Sarawak are lease hold?

So Jayatiasa is doing the right thing to rent the lease hold land?

Mike-tikus can't even different what is a proposal by Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi who not even know land law is under judiciary of STATE.

Posted by Sslee > 3 weeks ago | Report Abuse

Aiyoyo Mike-tikus what is the ROE of jaks?
Mikecyc Haha I am more interested on ROE for investing lo !
—-

Posted by Sslee > 3 weeks ago | Report Abuse

Your sifu 3iii posted below on jaks:
FCF (69)
FCF Yield -16.71%

FINANCIAL DATA
PRICE 0.14 MYR
MARKET CAP 364.96m
EPS 0.12 sen PER 116.67 ROE 0.20%
P/b 0.24 NTA 0.590
DIV 0

Posted by Sslee > 3 weeks ago | Report Abuse

So Mike-tikus when only you dare to answer Philip's question?
How many million shares of Jaks are you currently holding?

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha no worries if investors still interested on PP fund raising …

As posted earlier:

Jaks 51 % : CPECC 49 % submitted tender 200 MW , EPCC is estimated RM 800 million ( although a newspaper had published it ) :

Jaks 51 % : RM 800 million x 0.51 = RM 408 million.

As referring to Vietnam JV Power Plant 1200 MW , EPCC RM 8.7 billion:

Equity 25 % , Loans 75 % .

An illustration:

Equity 25 % : 800 x 0.25 x 0.51 = RM 102 million

> EPC contract on Solar Farm construction: 800 x 0.3 x 0.2 ( profit ) = RM 48 million.

102 million- 48 million = RM 54 million can be opt from :

1.) > Accumulated Profit :
March 2016 = 55,453,000 … > June 2024 = 369,116,000 .

Or

2.) Jaks non current asset :

Investment in Joint Venture:

> June 2024 = 943 ,960,000

On 75 % Loans , all parties had learned from LSS4 Tender .. need time for syndicated Loans esp on Green Loans ( lower interest rate ) .

> Jaks Gearing Ratio :

2QR ended June 2024 :

Gearing Ratio = 0.303X


—-

Posted by Sslee > 59 minutes ago | Report Abuse

Mike-tikus isn't it a fact jaks do not have money to take on any more project.
How sure are you on jaks getting LSS5 and how jaks going to finance it?
Unless jaks asking more money from investors or shareholders with PP or RI.