JAYA TIASA HOLDINGS BHD

KLSE (MYR): JTIASA (4383)

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Last Price

1.28

Today's Change

+0.04 (3.23%)

Day's Change

1.22 - 1.30

Trading Volume

16,970,600


17 people like this.

15,173 comment(s). Last comment by sohaitrader 2 hours ago

kl_guy

1,609 posts

Posted by kl_guy > 2 weeks ago | Report Abuse

FCPO hit rm5000 level . Plantation play in progress

dompeilee

11,888 posts

Posted by dompeilee > 2 weeks ago | Report Abuse

Cannot move much because the activity is dominated by cash-shortage retailers like Ytl2023 who are fishing for KFC contra gain & forced by penury to reduce their trading size after losing most of their spare cash aggressively punting from 2020 till now!

s3phiroth

378 posts

Posted by s3phiroth > 2 weeks ago | Report Abuse

FCPO close 5100. Sell all you want, i am buying.

Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha an opportunity for unloading after QR ended September is released:


👉An illustration:

>3 months QR ended June 2024 :

Gross Profit = 20.2 %

>3 months QR ended June 2023 :

Gross Profit = 29.2 %


>> 3 months QR ended March 2024 :

Gross Profit = 17.2 %

>>3 months QR ended March 2023 :

Gross Profit = 18.1 %


>>> 3 months QR ended Dec 2023 :

Gross Profit = 34.5 %

>>> 3 months QR ended Dec 2022 :

Gross Profit = 33.9 %



>>>> 3 months QR ended September 2023 :

Gross Profit = 44.0 %

>>> 3 months QR ended September 2022 :

Gross Profit = 32.8 %




12 months QR ended June 2024 :

Gross Profit = 30 %


12 months QR ended June 2023 :

Gross Profit = 29.2 %

kl_guy

1,609 posts

Posted by kl_guy > 2 weeks ago | Report Abuse

We need to look on 2024Q4 and 2025Q1 quaterly result which will be very nice . CPO start to rise on Sept 17 till now which will only reflect on 2024 Q4 report. This Q4 on available feb2025 . I think by the time everyone saw the Q4 result , the stock price is already sky high . So it is best slowly pick up some now.

Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha Repost :

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 ???

Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha Repost from Pchem :

> QR ended June 2024 :

Exchange Rate :

USD / MYR

Average Rate 4.7323
Closing Rate. 4.7205


>> 30/9/2024 4.12557

USD /MYR is depreciated by 12.85 %


>>> As at 8/11/2024 4.38259

Posted by Philip ( buy what you understand) > 2 weeks ago | Report Abuse

Why don't post the full story?
July 24 ffb - 83,967
August 24 ffb - 123,613
September 24 ffb - 118,183
October 24 ffb -


>>>>>>
Mikecyc

Haha Repost :

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 % )

Posted by Philip ( buy what you understand) > 2 weeks ago | Report Abuse

So as price of cpo hit rm5083 today, what do you think will be the production and profit of jtiasa in this coming quarter?

G-boy

505 posts

Posted by G-boy > 2 weeks ago | Report Abuse

Mike conclude: stay away from jtiasa
Hahaha.

Posted by AlphaAdventurer > 2 weeks ago | Report Abuse

CPO price is going crazy. I think Jtiasa will achieve more than RM60 mil in net profit in Q2FY25

Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha repost as posted much earlier:

Jtiasa FFB Production Output :

> 2002 started replanting:

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 )



> Compared 2024 July- September to 2023 is reduced by - 4.54 %

> Compared 2024 July- September to 2019 is reduced by - 19.4 % .



👉 Question 1 ) Peak Production Season is May to November, why FFB production output is reduced n fluctuated so High ??

1.) More Leased land is terminated ? Or rented land ? Or became Sawah Padi ??

2.) Palm trees r getting old ?? Due to replanting cost ???

3.) Due to Tall Palm trees ( old trees ) labour skill shortage ???

P/S : 2019: 425,801 compared 2024 343,397 is reduced - 19.4 % 😱 in 5 years .

KonLee what Shl be the reduction % in another 5 years ?

4.) How is the replanting schedule being executed, why FFB production output is fluctuated so High ??

Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

👉 Question 2 :

Jtiasa FFB Production Output :

> 2002 started replanting:

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 )

2023 : 359,740 ( - 15.5 % vs 2019)

2024 : 343,397 ( - 19.4 % vs 2019 )


> From 2019 to 2021 FFB output is reduced by 54 % … 2023 is reduced by 15.4 % ..

> Compared 2024 July- September to 2023 is reduced by - 4.54 %


Hoho No wander the 2nd Major ( 14 % ) keep disposed shares from August 2023 to July 2024 ( balance 6 % ) , during Price is Uptrend.


>> Coincidentally FFB July- September 2024 Output is started reducing.


KonLee promoted with linking to the 52w high RM 1.53 is Trapped High ke same as in SCIB with TP RM 2.00 by early 2025 ( even the Major over 20 % is on Force Sell ) !!!😱

Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Repost :

Haha as for CPO price :

QR ended September compared to QR ended June is expected to be Higher profit due to Production Output!

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

Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha Buy what u not understand..Serba promoter with the dog n dragon story teller without facts n figures! 🤣🤣🤣🤔

https://klse.i3investor.com/web/blog/detail/Telegram/2021-06-15-story-h1566847714-Why_I_bought_even_more_SERBADK_bonds_and_stocks

Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha even knew Serba in Account Fraud … still promoting with telling story but not facts n figures…

Same same as Konartist sslleee in Xingquin which is delisted on 2019 !😱🤔

Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha as posted earlier ..

Haha don’t play play with Sarawak govt le .. especially after the royalty of Sarawak oil !


What is the royalty of Sarawak oil?

From 5% of gross value previously, the state's oil royalty now includes 20% of net profit from its oil-producing activities. Sarawak's relationship with Petronas has not been on the best of terms since the state started looking at reclaiming its rights over its hydrocarbon deposits under MA63.


Sarawak minister confirms Petronas-Petros talks ongoing
By Mohd Roji Kawi
November 1, 2024 @ 8:02pm

Update :
https://www.utusanborneo.com.my/2024/11/07/status-petros-sebagai-agregator-gas-tunggal-di-sarawak-diumum-dalam-masa-terdekat

Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha so Sarawak state govt can allocate more budget to expedite the Hybrid Rice cultivation ..

Sslee

6,886 posts

Posted by Sslee > 2 weeks ago | Report Abuse

FastmarketS Palm Oil Analytics senior analyst Sathia Varqa said CPO futures notched a 30-month high, supported by a strong biodiesel demand outlook amidst a tight first-quarter production view.

At the close, the spot month November 2024 contract rose RM122 to RM5,160 per tonne, December 2024 surged RM148 to RM5,144 per tonne and January 2025 advanced by RM149 to RM5,101 per tonne.

February 2025 rose by RM142 to RM5,039 per tonne, March 2025 added RM134 to RM4,938 per tonne, and April 2025 was RM131 higher at RM4,821 per tonne.

Trading volume grew to 123,802 lots from 104,193 on Thursday, while open interest fell to 239,911 contracts from 245,610 previously.

The physical CPO price for November South soared by RM90 to RM5,160 per tonne.

Sslee

6,886 posts

Posted by Sslee > 2 weeks ago | Report Abuse

I am looking forward to very good quarter ended 30/9/24 financial result at the end of this month and extraordinary result ended 31/12/2024 if CPO price can hold.

Only loser still hoping for LSS5 and surely jaks ended 31/12/24 another big multi-million impairment of receivables.

Ps:
Jaks
Total receivables impairment for the last 5 years amounted to RM 167 million and reversal of impairment amounted to RM13.6 million make up total net impairment of RM 153.5 million. For the written-off of receivables please refer to reply 1.1. For the basis of trade receivables impairment please refer to 1.2 and 1.2.2. All the material related party transactions are disclosed in note 35 (b) to the financial statement. During our course of audit, we are not aware of other related party transactions

MSWG and Bursa SC need to step in to hold BOD responsible, accountable and answerable on impairment of goodwill, receivables, contract assets and etc or else more public listed companies BOD will used MFRS accounting standard to whitewashed fraud, malpractice, impropriety, misconduct, incompetent and etc with impunity

Sslee

6,886 posts

Posted by Sslee > 2 weeks ago | Report Abuse

I can only found the below full sentense from FYE24 Jayatiasa Annual reprt.

If based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard on the Directors’ Report.

Is someone really do not know the below is just the first part of the full senstense?
Is he has no ball to post the full sentense?
Will he find his ball to report any fraud, malpractice, impropriety, misconduct, incompetent to Bursa SC, MSWG, etc and hold BOD accountable, responsible and answerable during AGM?

👉👉👉If based on the work we have performed , we conclude that there is a material misstatement of this other information , we are required to report that fact .😱🤔

Sslee

6,886 posts

Posted by Sslee > 2 weeks ago | Report Abuse

https://klse.i3investor.com/blogs/cscsc/2016-12-08-story111267.jsp

Did I promote Xingquan or did I trying to hold BOD responsible, accountable and answerable?

value_invest

1,152 posts

Posted by value_invest > 2 weeks ago | Report Abuse

Rather than purely looking at profit, solid cash flow and cash in bank that is the power for coming dividend.. According to source, company will be giving out more and more dividend with no more further capex and in net cash position now.
Anyhow, that is my sharing, make your own judgements.

Sslee

6,886 posts

Posted by Sslee > 2 weeks ago | Report Abuse

Below are facts and figures on Jayatiasa plantation EBITDA.

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

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

Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha then why dumb dumb hold until Xingquin is delisted .on 2019 …


Blogs Headlines
XINQUAN
XINQUAN 星泉 - 应该改名为<仙家泉>

VCBL

Publish date: Thu, 08 Dec 2016, 12:37 AM

dompeilee

11,888 posts

Posted by dompeilee > 2 weeks ago | Report Abuse

Rising from 60c last yr to $1.51 b4 correcting back has already factored in a lot of the improved financials constantly bandied about by promoters. No new big institutions participating will cap the price which is why the current advances seem to be as exciting as trying to swim in mud, especially with hordes of retailers with no spare monies to pay for their shares Q-ing to sell at every tick above $1.25. Akan datang is fellow CPO/timber player WTK which will see a delayed factoring in of the same +ve factors harped on above by rising from 49c to 70c & higher in the coming weeks & months!

Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha as posted earlier .. key points on Other Information…

Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

1st Lies :


Haha wow Konartist Sslleee is an “ Attention Seeker “ .., approached me 1st in Netx on 2020 telling Lies replied my post which directed to Konstockraider to bail out Stockraider on Insas-WB whom play wayang in Insas-WB forum with Calvin whom invested RM 5000 …


Then Konartist Sslleee said Raider Win 1 Myvi in Netx RI .. Raider said Win 2 Myvi… both blowing bla bla bla clon the Wayang Script on Insas-PB and WC …

After Konartist Sslleee posted in Netx , his Kon gang in Tunepro, Hengyuan, Petronm started to promote Netx … will post n delete own posts …..beware .

—-

Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha 4th Lies is on Konartist Total Comments that only 1350 posts started from Late 2022 .. member since 2016 : 1st said System fault … 2nd said being Hacked .. then said is Insignificant issue … 



>>> Some other reason is Own Requested to Wash White White ( Cantonese) his Kon record…


>>>> Also difficult to trace his posts on the individual Forums that he is Twisting still can be track , that back track from Late 2022 , what a Pro Intellectual Kon .

Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha Serba auditor had been audited Serba for 7 years .. then Only ..😱😱😱..

Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Dato’ Jin Kee Mou was appointed as the Chief Executive Officer (Principal Officer) on
1 July 2021 and joined the Board on 22 September 2021.

Prior to his appointment as CEO, Dato’ Jin was the Chief Operations Officer of
Rimbunan Hijau Group based in Sibu Headquarter since 2019. He became the Chief Executive Officer of Rimbunan Sawit Berhad from July 2015 until the end of 2018.


Direct % : 0.013 as on 22/9/2024

Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha why Rimbunan Sawit Berhad and SuburTiasa under Rimbunan Hijau Group , same as Jtiasa are loss making in Timber n Plantation ?

Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha r u the one said in Plantation but no facts n figures to support Jtiasa …twisting my FBB July to September Production Output ( indicated May to November is Peak Season for Production Output) into a month production output then bla on the Peak n Low season!

Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha Repost :

Jtiasa FFB Production Output :

> 2002 started replanting:

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 )



> Compared 2024 July- September to 2023 is reduced by - 4.54 %

> Compared 2024 July- September to 2019 is reduced by - 19.4 % .



👉 Question 1 ) Peak Production Season is May to November, why FFB production output is reduced n fluctuated so High ??

Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Repost :

Haha wow scary le , Konartist sslleee had been shouting Jaks impairment on property n receiveable over 5 years total ard RM 136 million… but Jtiasa just one Financial Year :

👉👉👉 FY24 : Impairment of Total RM 151.2 million!😱🤔

>>>

Total Assets is reduced:

2019 : RM 2406 million

2023 : RM 1955 million ( - 451 million )

2024 : RM 1979 million ( + 24 million )

👉👉Is reduced by RM 427 million from 2019 to 2024 , ie : over 5 years .


👉👉👉 FY24 : Impairment of Total RM 151.2 million!😱🤔

>>> New CEO is appointed on July 2021 internally from RH group !

Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Jaks non current asset :

Investment in Joint Venture:

QR ended

> March 2016 = 128,297,000

> March 2019 = 197,171,000

> March 2020 = 362,479,000

> March 2021 = 601,150,000
( note : Profit from Construction of the Power Plant is ard RM 400 Million .. Final COD on January 2021 )

> March 2022 = 748,656,000

> March 2023 = 829,105,000

> September 2023 = 897,378,000

> December 2023 = 904,495,000

> March 2024 = 936,836,000

> June 2024 = 943 ,960,000





—-


Jaks 👉👉👉

2QR ended June 2023 :

> Accumulated Profit : 343,661,000. ( 1QR 324,951,000 ) ( Audited as on December 2022 is RM 310,874 ,000 )



>> Accumulated Profit on 3QR ended September 2023 : 350,327,000


👉 》〉Accumulated Profit on 4QR ended December 2023 : 348,126,000


👉 Accumulated Profit on 1QR ended March 2024 : 361,786,000


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

Sslee

6,886 posts

Posted by Sslee > 2 weeks ago | Report Abuse

Philip' Dog and Drangon story is about not afraid to dream big, put in an effort to learn and try. The end result might not be what you dream of but definately the end result will be a much better place than you start out.

The story had nothing to do with Serbadk or has it?

Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha a Konartist is best in Pretending , Twisting and Diverting facts n figures, telling lies by lies …Setup Trap :

1.) Pretending : After dumb dumb hold Xingquin until is delisted on 2019 even in Account Fraud… said did not sell as worried if sold to those cannot afford !

Someone had exposed his possible reason !


2.) Lies by Lies as posted earlier!


3.) Setup Trap : During Insas at low price range ard RM 0.80 .. setup a ROI competition ( 1 year period) Trap on June 2023 … invited Sifu Sifu to participate!

Sslee

6,886 posts

Posted by Sslee > 2 weeks ago | Report Abuse

I set up trap at jaks and HRC and it actually trapped a naughty good for nothing rat.

Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha see Konartist sslleee earlier post here when I said Konartist promoted Xingquin even knew is in Account Fraud… and Buy what u Not understand promoted Serba even in Account Fraud..

Konartist defended himself by saying Buy what u not understand did has a blog promoted Serba !🤣🤣🤣🤔

Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

V.P case study in PA :

Case Study is from Mid Uptrend , ie : 16.5 sen Up to 24 sen before share consolidation 2 into 1 … Peak is 59 sen ( Point 1 ) … then down with swing swing swing many times .. tanam biji dan tuai hasil many times … after highligted to learn try to catch the starting Uptrend to Point 1 ( Peak range ) ..

1.) Capital A : Did catch the Lowest RM 0.56 in Capital A .. my cost is RM 0.58 .. cheers ..

2.) Jaks : catched the Bottom Fishing at RM 0.185 on April 2023 ( after Sslleee posted sold Jaks on April 2023 since 2017 ) ... Up to RM 0.225 in 2 months .. then invested at RM 0.19 on July 2023 .. Gap Up on 1/9/2023 to RM 0.245 …

As said earlier 2025 Shl be Jaks year .. since LSS5 Tender RFP dateline is brought forward to 25/7/2024 from December 2024 .. focus back to Jaks .

Update : LSS5 2000 MW EPCC RM 7.2 billion Tender award Shl be starting announce on November 2024 .

Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha Konartist sslleee had been taken wrong medicine in Capital A forum ard 2 years … suddenly U Turn le …🤣🤣🤣🤔




Posted by Sslee > 2 weeks ago | Report Abuse

CapA should do well from now on.

The question is AAX able to generate enough cash flow to pay the debts and lease liabilities?

The competition among the LCCs is almost like the survival of the fittest.

Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha Jaks currently a Calculated Risk Stock is turn around to be a potential Growth stock , why ? :

A) Jaks CEO ( the only substantial shareholder from 9.9 % ( 2017 ) to 14 % ( 2023 ) , after Uncle K intention to take over with 30 % on 2017/2018 , is failed ) had successfully steered the company diversified into Power industry: Vietnam Joint Venture Power Plant 1200 MW with CPECC , EPCC value RM 8.7 Billion… construction is started on October 2016 , fully Commercial Operating Date on January 2021 with BOT 25 years concession:

As an 30 % associate joint venture company contributing share of profit n Dividend to Jaks since 2021 :

Jaks Annual Revenue and Net Profit / ( Loss ) :


1.) FYE2020 : RM 259.4 million with Loss ( RM 80.5 Million. )


2.) FYE2021 : RM 109.7 million with Net Profit RM 51.9 million.


3.) FYE 2022 : RM 89.8 million with Net Profit RM 53.5 million.


4.) FYE 2023 : Rm 37.787 million with Net Profit RM 15.527 million..


5.) FYE 2024 :

>> 👉1QR : RM 14.2 million with Net Profit RM 12.4 million.

>> 👉2QR : RM 13.1 million with Net Profit RM 8.4 million.


B ) LSS4 50MW Solar Project in Penang is COD on August 2023 with 25 years TNB PPA ( increased from 21 years ).


1.) QR ended September 2023 :

Revenue : 3.3 Million , Loss ( RM 1.4 Million)


2.) QR ended December 2023 :

Revenue: 4.3 Million , Loss ( 0.4 Million )


3.) QR ended March 2024 :

👉Revenue: 5.3 Million , Profit RM 0.96 Million … 18%


4.) QR ended June 2024 :

Revenue : 4.8 million, Profit RM 0.4 million.. 8.33 %


👉( Note : Loss is due to Depreciation.)



C.) CGPP 30MW Solar project is awarded on August 2023 to Jaks consortium with 2 partners ( Jaks holding 51 % ) …COD is scheduled by 4Q 2025 .
Jaks Shl be benefited on the EPC contract also .

CGPP winners can sell RE electricity directly to end user / customer, but thru TNB power grid as TPA ( Third Party Access ) . CRESS details is expected to be announced in September 2024 , but the Mulling charges is announced oredi on 22/8/2024 .

Update : CRESS is effective from September 2024 after 1 month discussion with industry generators/ players ) .

800 MW CGPP winners even can sell RE electricity cross border.



D.) LSS5 2000MW Solar Project, EPCC value is estimated RM 7.2 Billion, tender RFP dateline is brought forward to 25/7/2024 from December 2024 ):

Jaks partner again with CPECC ( Vietnam 1200 MW Power Plant partner 70 % ) >>> Jaks 51% : CPECC 49% , tendered 200MW ( with intention up to limit 500 MW ) ….. Land : 1730 acres in Terengganu is leased from TDM .


E.) CAGR : 3Y + 29.9 % TTM + 28.4 %

Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha why TNB had firm budget RM 90 billion over 6 years until 2030 on upgrading Power Grid structures n system as TPA ( Third Party Access) .

Sslee

6,886 posts

Posted by Sslee > 2 weeks ago | Report Abuse

If someone can't see fraudulent, malpractice, impropriety, misconduct, incompetent of Jaks BOD/Management/ALP in yearly impairment of goodwill, receivables, contract assets and etc to the tune of multimillions and now depend on yearly PP or RI for working capital and loans repayment then he deserve to be a loser and lose his pants.

Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha konartist sslleee Shl I say the possible reason here !!!


—/

Posted by Mikecyc > 34 minutes ago | Report Abuse

Haha a Konartist is best in Pretending , Twisting and Diverting facts n figures, telling lies by lies …Setup Trap :

1.) Pretending : After dumb dumb hold Xingquin until is delisted on 2019 even in Account Fraud… said did not sell as worried if sold to those cannot afford !

Someone had exposed his possible reason !

Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha why Jtiasa total assets is reduced over 5 years after New CEO on 2021 … where as Jaks non current assets is keep increasing!

Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha Jtiasa auditor did highlighted on :

Haha Independent Auditors Report:

FY24 :

Key Audit matters:

1.) Impairment review of PPE :

The carrying amount of the group PPE associated with subsidiaries incurring Operational losses was RM 110.6 million.

2.) Impairment review of investments in subsidiaries:

Impairment Loss of RM 40.6 million.

3.) Information other than the financial statements and auditors’ report thereon:

Our opinion on the financial statements of the Group and of the Company does not cover the other information and we do not express any form of assurance conclusion thereon .

In connection with our audit of the financial statements of the Group n of the Company , our responsibility is to read the Other Information and , in doing so , consider whether the other information is materially inconsistent with the financial statements of the Group n of the company or our knowledge obtained in the audit or otherwise appears to be materially misstated.

👉👉👉If based on the work we have performed , we conclude that there is a material misstatement of this other information , we are required to report that fact .😱🤔


Mikecyc

46,908 posts

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha konartist sslleee further to yr beloved Insas :

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


Insas : Other Operating Expenses

FY 2019 : RM 61,457,000

FY 2020 : RM 101,270,000

FY2021 : RM 123,419,000

FY2022 : RM 137,009,000

FY2023 : RM 73,144,000


Total = RM 496,299,000


( Note : M&A RTO listing on 30/6/2023 )


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