Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha occupancy rate at Evolve Concept Mall saw an increase from 59% in FY2022 to 75% in FY2023.

Jaks Shl be in no hurry to monetise the 51% own Evolve Concept Mall …

Posted by Mikecyc > 2 weeks ago | Report Abuse

Jaks Gearing ratio

>> Vietnam Power Plant is a Capital Intensive Project with Value USD 1.87 Billion ( RM 8.7 Billion) .. 
Construction is started on 2016 , 2 unit Power Plant final COD on January 2021 :

Jaks Gearing Ratio :


See Jaks insiders had been monitoring n controlling the Gearing Ratio in a Healthy Level : 


> FYE2015 : 0.80 X



1.) FYE2019 : 0.43 X 





2.) FYE2020 : 0.34 X 





3.) Referred to FY23 , 1 QR ended March 2023 : 0.375 X 





4.) Referred to FY23 , 2QR ended June 2023 : 0.362 X 



5.) Referred to FY23 , 3QR ended September 2023 : 0.352 X


6.) Referred to FY23 , 4QR ended December 2023 : 0.350 X


7.) 1QR ended March 2024 :

Gearing Ratio = 0.293X 


8.) 2QR ended June 2024 :

Gearing Ratio = 0.303X


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

Posted by Mikecyc > 2 weeks ago | Report Abuse

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 .

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha Jaks got 2 Cash Cow Projects with Commercial Operating Date : 



1) Vietnam Power Plant 1200 MW : January 2021 with BOT 25 years concession . 



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

👉Looking forward to Solar CGPP 30 MW project which is scheduled COD by end 2025 ..

Posted by Mikecyc > 2 weeks ago | Report Abuse

Jaks

1.) Vietnam Power Plant Share of Profit n Dividends :


2020 : RM 3.8 million ( 1 Power Plant is COD on Nov 2020 )


2021 : RM 140.7 million ( The 2nd Power Plant is COD on January 2021 ) .


2022 : RM 156.2 million , Dividend RM 70.0 million


2023 : 1QR = RM 28.326 M , 2QR = RM 32.312 M , 3QR = RM 35.862 M , 4QR = RM 34.503 M plus Dividend RM 27.386 M

2023 : RM 131 million , Dividend RM 27.385 million


Total Share of Profit = RM 431.703 Million

Total Dividend = RM 97.386 Million

Total = RM 529.089 Million

> Share of Profit in QR ended March 2024 =
RM 32.384 million

>> Total = RM 561.463 million


> Share of Profit in QR ended June 2024 = Rm 21.33 million

Dividend = RM 14.21 million

👉Grand Total = RM 597 million.👍


Jaks 30 % share in Vietnam Power Plant Joint Venture invested ard RM 600 Million.
( RM 400 million is from the Profit of Construction contract of the Vietnam Power Plant, EPC2.)

Initially PayBack 8 to 9 years ..

Referring to the Grand Total , PayBack period is by 2024 .. ie : from 2021 to 2024 ~~ 4 years ..

👉From Vietnam Power Plant 1200 MW EPCC RM 8.7 Billion started on October 2016 ,
Payback period is 8 years.


按照购电协议，电力售价将随原料价格波动。意味着业务盈利贡献获得保证。Jaks管理层曾透露内部回酬IRR介于12%，PAYBACK PERIOD为8至9年

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha the gimmick on how Jaks finance its 30 % share capital investment, RM 600 million:


1.) Cash RM 200 million


2.) Profit from EPC2 construction contract RM 400 million.


So far Profit from 30% associate Joint Venture Vietnam Power Plant 1200 MW company from October 2016 to June 2024 :


> 400 million + 597 million = RM 997 million.

Posted by Mikecyc > 2 weeks ago | Report Abuse

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. ( Vietnam Joint Venture Power Plant 1200 MW with EPCC RM 8.7 billion is COD on January 2021 )


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


4.) FYE 2023 : 1st Half Revenue RM 17.47 million with Net Profit RM 33.19 million.


>>👉 1QR is Profit RM 14.08 million , 2QR is Profit RM 19.11 million , 3QR is Rm 7.15 million…4QR is Loss ( 24.8 million )

👉👉 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.

( Note : Vietnam Power Plant Joint venture company is 30 % .. an associate company)

Posted by Mikecyc > 2 weeks ago | Report Abuse

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



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

Posted by xiaoeh > 2 weeks ago | Report Abuse

Noted Mike

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha konartist sslleee yr TinKosong KonpetHuang always said my Jaks Gearing Ratio is wrong .. what to do a Tin Kosong with a Half past Six Guru …

Referred to recently Yinson Group CFO financial reviews…

Posted by StarOfTheBull > 2 weeks ago | Report Abuse

Where is that usual opportunist shouted "break out" yesterday? Gone missing already? 😂

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha Jaks :


Understand the Key Contractual Obligations of the project award
 
Investment certificate
* JHDP shall be entitled to 10% tax rate for the full term of the project.
* JHDP shall be exempted from corporate income tax for 4 years and 5% tax rate for another 9 years from 1st year with taxable income or 4th year whichever is earlier.


BOT contract
* 25 years from commercial operation date (COD).
* The power plant shall be transferred to Vietnam Ministry of Industry and Trade (MOIT) at no charge after 25 years.
* JHDP shall pay US$60,000 per day per unit for each day of delay after the deadline. The deadline for unit one shall be 48 months and 54 months for unit 2 after the construction start date. Subject to max of US$15m.
* JHDP shall pay US$150 per KW shortfall below the contacted capacity which is 1112MW subject to max of US$8m.
* JHDP company may terminate the BOT contract due to Vietnam side default or government events such as war, invasion, terrorist, revolution, strikes, none performance of GGU, change of laws.
* In the event of non-government force majeure like earth quake, flood etc, either party can terminate the BOT contract and MOIT has to purchase the assets based on the terms set out in the BOT contract. However, MOIT has the option to continue to pay the capacity charges and JHDP has no right to terminate.

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha on Jaks GGU :

Government guarantee (GGU)
* The GGU provides Vietnam Government Guarantee on all payment obligations of MOIT under the BOT contract and the EVN under the PPA.
* The guarantee on PPA is for 18 years from COD, and the full term of the BOT in the case of MOIT.
* Guarantor shall also pay interest on any sums outstanding.
* GGU also guarantee USD currency conversion and right to remit
* repayment of principal, interest, etc under financing document
* quarterly and annually profit distribution to JPP
* repayment of charter capital
* any expenses due to contracts goods imported
* any expenses due to foreign service contracts
* any payment that are due in foreign currency

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha konartist le r u taken wrong medicine ke … repeatedly lupa awak punya bola tak guna le , nak cari malu je pls don’t toxic yr working land …..🤣🤣🤣

Posted by Sslee > 2 weeks ago | Report Abuse

Haha,
What kind of a man dare to talk so much and promote jaks with his giberish and slanderous in every forum 24/7/365 for the past one and a half years but still no bola to answer a simple question of how many jaks share he hold currently?

By the way jaks is like his dead bola/little adik languishing at 12.5 to 14.5 sen, so please don't toxic every i3 forum........🤣🤣🤣

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha Repost :


Haha really laugh live me loh … why Konartist Sslleee posted here ( Insas ) ard 2 years ago So Fast U-Turn as he wanted to show off his monthly Luxurious lifestyle… he U-Turn in just exchanged a few posts … 


recently on 2023 want to Show off his Luxurious entertainment again on his visit to China as Business Development Manager , just 1 Question to Sslleee , he oredi Diam Diam lo ..

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha what to do little adik tak boleh naik lagi …🤣🤣🤣

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

I am very much convinced mikecyc has already taken his Jaks loss and sold out which is why is his commenting so much. It is easy to comment on others when he himself has no position or confidence

>>>>>
Mikecyc

Haha on Jaks GGU :

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha Konartist sslleee own claimed TA n FA Guru ..can brief forumers here is Jtiasa waves 2 is coming ? same as you said in Yinson ( thinking waves 2 is Up but is Down ) .

From Stoch RSI chart ..previous 2 cycles upon reached 80 , Fast line shl divergent down cross below Slow line ..this round even did not reach 80 oredi divergent down but did not cross below Slow line …

So Konartist sslleee TA Gutu ..today Jtiasa Fast line shl be Divergent Up or further Divergent down cross below Slow line ?

Is previous 2 cycles for unloading process ???

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha Repost :


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 .

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha konartist sslleee remember when you asked me whether average down on Jaks .. my replied is No but instead switch to Privasia :


3.) Privasia : cost below RM 0.10 … see my posts in Privasia on TA breakout Gap up to RM 0.14 .. cheers .

Posted by Mikecyc > 2 weeks ago | Report Abuse

Posted by Mikecyc > 13 hours ago | Report Abuse

Haha Konartist sslkeee still did not check what is my Jaks cost during you posted queue buy Insas WC at RM 0.25 in Insas forum .. today Insas WC price RM 0.155 … how many digits you Loss in Insas WC oredi !🤣🤔


—/
Posted by Sslee > 5 minutes ago | Report Abuse

The fact is while I'm looking at how many digits book gain with my jayatiasa and someone is licking his wounds looking at his how many digits book lose in jaks.


Posted by Mikecyc > 13 hours ago | Report Abuse

Haha I did said I queue buy Jaks lo …

Posted by Sslee > 2 weeks ago | Report Abuse

Still pusing and pusing with his gibberish but no answer to a simple question how many jaks share are you currently holding?

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha as posted earlier.., Jaks got the stock MOAT after is successfully diversified into Power generator industry ( Vietnam JV Power Plant 1200 MW EPCC RM 8.7 billion) ..

And into RE Solar : LSS4 50 MW and CGPP 30 MW . .. Jaks Shl be getting the MOAT of efficient scale if succeeded in LSS5 tender 200 MW ( with intention up to limit 500 MW ) .

Posted by Sslee > 2 weeks ago | Report Abuse

my current holding in INSAS-WC
3379WC INSAS-WC 550,000 0.2129 0.1550 117,095.00 85,250.00 -31,845.00 -27.20

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha konartist sslleee oredi had few record on his holding list with lies .. eg Bplant list …

Posted by Sslee > 2 weeks ago | Report Abuse

So still slanderous and everything in between except answering a simple question how many jaks share are you currently holding?

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha just like Kidd story teller Buy what u Not Understand posted the Serba subsidiaries screenshot.( did not know yet he promoted Serba )…. I found variance between his thread n the screenshot… Konartist sslleee defended him before he reply …🤣

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha back to Jtiasa :


Haha Konartist sslleee own claimed TA n FA Guru ..can brief forumers here is Jtiasa waves 2 is coming ? same as you said in Yinson ( thinking waves 2 is Up but is Down ) .

From Stoch RSI chart ..previous 2 cycles upon reached 80 , Fast line shl divergent down cross below Slow line ..this round even did not reach 80 oredi divergent down but did not cross below Slow line …

So Konartist sslleee TA Gutu ..today Jtiasa Fast line shl be Divergent Up or further Divergent down cross below Slow line ?

Is previous 2 cycles for unloading process ???

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha I learned when MACD both lines are surfaced from Water Level with strong momentum.. then Stoch RSI is the factor …

Posted by Sslee > 2 weeks ago | Report Abuse

Who is the TA guru saying with confident jaks 18 floor is the ground floor? And now trapped at jaks 24 floor penthouse.

Posted by Sslee > 2 weeks ago | Report Abuse

By the way my DXN also -20.28 %

Posted by mf > 2 weeks ago | Report Abuse

Dow falls more than 350 points, retreating from record as postelection rally takes breather

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha I never own claimed TA n FA Guru like Konartist Ssllee …even ethical Sifu 3iii said learned 50 years …


2nd V.P Case Study in PA on 2021 with 2 objectives : 



👉 a) To share n learn Investment knowledge n skills as Newbie n ikanbilis. 



👉 b ) To Exposé kon man n actor…

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha even when I am posting in YTLpower with Negative views facts n figures… I am posted to learn TA skill for Entry Timing ..

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha back to Jtiasa :


Haha Konartist sslleee own claimed TA n FA Guru ..can brief forumers here is Jtiasa waves 2 is coming ? same as you said in Yinson ( thinking waves 2 is Up but is Down ) .

From Stoch RSI chart ..previous 2 cycles upon reached 80 , Fast line shl divergent down cross below Slow line ..this round even did not reach 80 oredi divergent down but did not cross below Slow line …

So Konartist sslleee TA Gutu ..today Jtiasa Fast line shl be Divergent Up or further Divergent down cross below Slow line ?

Is previous 2 cycles for unloading process ???

Posted by Mikecyc > 2 weeks ago | Report Abuse

Jtiasa CPO
An illustration :

Jtiasa CPO production output ( MT) X Monthly Average Price ( RM )

Sept2024 : 23,667 x 4023.5 = 95.22 million

Aug 2024 : 25,238 x 3910.5 = 98.69 million

July 2024 : 20,558 x 4034.0 = 82.93 million

> Total = RM 276.84 million

>> Note : Production Output compared Q to Q is increased by 31.91 % …. Illustration Revenue is increased by 31.21 % .


June 2024 : 17,018 x 3957.5 = 67.35 million

May 2024 : 16,419 x 3902.5 = 64.08 million

April 2024 : 13,857 x 4257.0 = 59.0 million

> Total = RM 190.43 million


👉QR June 2024 :

Revenue = RM 224.81 million

PBT = RM 31.07 million ( 13.82 % )


—

Posted by Sslee > 2 weeks ago | Report Abuse

Repost:
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 Mikecyc > 2 weeks ago | Report Abuse

Haha alamak is unloading process le …

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha konartist sslleee n the Kidd Serba Story teller Buy what u Not understand getting red mata n redder eyes ke …

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha konartist sslleee said Pchem plant is inefficient ke .. shl be what ?

Looks like the Kidd Serba story teller need to closed his Pchem portfolio forum … same as he did on Harta !🤣🤔

Posted by dompeilee > 2 weeks ago | Report Abuse

Too many KFC contra player hunters overly relying on a stranger called coldeye as though he's some kind of W Buffett[ more like a bad parody!].👎 ' All that Glitters is not Gold, Fare thee well, thy wish is COLD! ' Rely on your OWN instincts, like how I scored 3X on foreign share Daiwa Heavy: https://stocklaser.blogspot.com/2024/11/in-hindsight-my-prediction-for-soon-to.html

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha alamak Konartist sslleee TA Gutu is Pchem waves 2 is coming.. same as u shouting in Yinson see waves 2 is coming ( thinking is Uptrend but waves 2 is downtrend) ..

No worries la on Yinson.. oredi Spent ard RM 500 million n over 5 % SBB shares … EPF n KWAP just rotating yummy yummy le ….

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha as said Cold Eye with eagle eyes .. will not buy SLow returns stock ..👍

He bought Jtiasa during FY22 … and Unloading with maximum profit! 👍

Konartist sslleee n Kidd Serba story teller Buy what u Not Understand looking at each other with redder mata !🤣🤣🤣🤔

Posted by StarOfTheBull > 2 weeks ago | Report Abuse

So it is clear now who are those really made money here.

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha konartist sslleee don’t be jealous le as Capital A oredi cross RM 1.00 with the Co founder acquired shares recently… he had a Securities firm in Sabah le …oredi play Bahvest when he started acquired its shares …

Don’t be redder eyes like the Kidd Serba story teller Buy what u Not Understand….

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha he had a Big ego like Elephant n his selected shares r like Elephant 🐘 also ?🤣🤔

Posted by Muyutin > 2 weeks ago | Report Abuse

Haha Pundek MIA saham

Posted by Mikecyc > 2 weeks ago | Report Abuse

Haha alamak 1.21 ke…

Konartist sslleee no worries la.. u can follow Kidd Serba Story Teller le Buy what u Not understand play Margin since u r so confident on Jtiasa or Swapping capital from other stocks le …