Posted by valueinvestor33 > 2023-06-28 17:20 | Report Abuse

Pity for a group of innocent investors who were lured joining a private chat group. A person created a group, started to promote by giving a high valuation, subsequently left the group by saying something unfavourable on the stock and left the group eventually. After disappearing for some time and came back to i3 and started to discourage investors from buying the stock, leaving their followers with fear and anxiety. What a great joke in our public investment forum.

Posted by valueinvestor33 > 2023-06-28 17:33 | Report Abuse

Would rather he remains silent and disappear in i3. Intention is seriously in doubt with big question mark, stop doing anymore harm to the group which he created and to the stock which he highly recommended. Just let it be it since the day you left. Peace of mind for all.😑

Posted by Just88 > 2023-06-28 17:54 | Report Abuse

valueinvestor33, not everyone is so irresponsible like you.

Posted by Just88 > 2023-06-28 18:21 | Report Abuse

if you're a group member, I suggest you leave the group then you will have peace of mind.

Posted by valueinvestor33 > 2023-06-28 19:20 | Report Abuse

Leave us all alone with some space and oxygen to live on. Figures with fantastic calculation, FA and TA do not work at all. Just follow Ah Seng Taikor, do nothing as damages are done.

Posted by soon9913 > 2023-06-28 21:45 | Report Abuse

dont name yourself as value investor if you have no idea about it

Posted by valueinvestor33 > 2023-06-29 00:44 | Report Abuse

Reality is cruel. I speak for most of the members who had been left abandoned on the boat but I have chosen to move on without looking at FA and TA anymore. Don’t bother us anymore as it is too late for us to react now…

Posted by valueinvestor33 > 2023-06-29 00:54 | Report Abuse

Remain silent could have still earned some respect from most of us here in the group. Please do nothing liked what we are doing in the group.

Posted by Just88 > 2023-06-29 01:06 | Report Abuse

Speak for yourself. You don't represent the majority of the members. DK is still well respected. Most, if not all, members still welcome DK's writeup whether positive or not. If you don't want to hear from DK, why don't you leave like Sarifah?

Posted by valueinvestor33 > 2023-06-29 01:07 | Report Abuse

Retired means retired.😑

Posted by valueinvestor33 > 2023-06-29 01:34 | Report Abuse

Proving your findings accurate or not is no longer relevant anymore for a stock which has plummeted almost 75%…or even higher.🙄

Posted by mickey77 > 2023-06-29 05:25 | Report Abuse

Leaving balls carriers and all, moving on, valueinvestor, do you see any value in Jaks?

Posted by Sslee > 2023-06-29 08:41 | Report Abuse

The only value in Jaks is the JHDP. But unfortunately the BOD/Management will milk JHDP for their own/relate/friendly party benefit only and minority shareholders would be left high and dry.

Posted by Just88 > 2023-06-29 09:59 | Report Abuse

Fact findings are important regardless of price level. DK discovered that the loan tenure for JHDP is 10 years instead of the maximum 18 years approved by the Vietnam government. Jaks management was pressed to clarify the tenure of jhdp loan during the AGM. DK's discovery allows more accurate prediction of jaks future cash flows by to the investors.

Posted by Sslee > 2023-06-29 10:53 | Report Abuse

Just need to work out the different 2022 and 2021 non current financial liabilities to know how much is the long term loan principal payment for the year.
So is the pricipal payment work out to be 10 years?

8. Investment in Joint Ventures (“JV”) (Cont’d)
Summarised financial information of the Group’s material joint venture i.e. JAKS Pacific Power Limited and
its subsidiary company (“JPP Group”) is set out below:
(a) Summarised adjusted statements of financial position
JPP Group
2022 2021
RM RM
Cash and cash equivalent 548,393,700 999,486,387
Other current assets 760,743,244 650,115,103
Non-current assets 7,281,260,678 7,479,624,542
Current financial liabilities (excluding trade and other payables
and provisions) (597,039,267) (608,182,196)
Other current liabilities (740,728,872) (1,380,386,041)
Non-current financial liabilities (excluding trade and other payables
and provisions) (4,401,923,432) (4,720,926,257)
Net assets 2,850,706,051 2,419,731,538

Interest in joint venture 30% 30%
Group’s share of net assets 855,211,815 725,919,462
Share of other net asset changes (58,259,244) (15,025,104)
Goodwill 3,826,062 3,826,062
Carrying value of Group’s interest in joint ventures 800,778,633 714,720,420

(b) Summarised adjusted statements of profit or loss and other comprehensive income
JPP Group
2022 2021
RM RM
Adjusted profit for the financial year, representing total comprehensive
income for the financial year 520,633,162 469,043,075

Included in total comprehensive income are:
Revenue 2,553,073,558 3,011,637,528
Amortisation/Depreciation (317,750,163) (296,585,635)
Interest income 3,493,288 1,736,511
Interest expense (265,209,747) (275,461,575)
Taxation (17,199) (1,530,307)

Posted by Johnchew5 > 2023-06-29 11:36 |

Post removed.Why?

Posted by Just88 > 2023-06-29 12:29 | Report Abuse

sslee, management has confirmed 10 yrs tenure for its jhdp loan.

Posted by Sslee > 2023-06-29 12:32 | Report Abuse

So you just take management words as fact without checking the real figure in the financial account?

Posted by Just88 > 2023-06-29 13:12 | Report Abuse

The 10 years loan tenure was first noticed by DK and later confirmed by the management.

Posted by Sslee > 2023-06-29 15:49 | Report Abuse

Then why in 2022 financial report on JV JPP Group?
2022 2021
RM RM
Non-current financial liabilities (excluding trade and other payables
and provisions) (4,401,923,432) (4,720,926,257)

Posted by Sslee > 2023-06-29 16:53 | Report Abuse

2022 2021
RM RM
Revenue 2,553,073,558 3,011,637,528
Other current assets 760,743,244 650,115,103
Other current liabilities (740,728,872) (1,380,386,041)

So other current assets is mostly trade receivables
Other current liabilities are trade and other payable.

From revenue and trade receivables you should able to work out how many months it take for EVN to pay JHDP.

Posted by speakup > 2023-06-29 17:43 | Report Abuse

What is EVN?

Posted by Sslee > 2023-06-29 17:54 | Report Abuse

Vietnam Electricity (full name: Vietnam Electricity Group, abbreviated name: EVN, Vietnamese: Tập đoàn Điện lực Việt Nam) is the largest power company in Vietnam. Vietnam Electricity (EVN) was established by the government of Vietnam as a state-owned company in 1994, and has operated officially as a one-member limited liability company since 2010.

Posted by speakup > 2023-06-29 21:21 | Report Abuse

TQ sifu Sslee

Posted by Johnchew5 > 2023-06-29 23:06 |

Post removed.Why?

Posted by soon9913 > 2023-07-02 02:21 | Report Abuse

sslee, it looks fine for the credit term 90 days

Posted by Sslee > 2023-07-02 10:10 | Report Abuse

Yes,
credit term 90 days for JHDP is normal what is unnormal are trade receivables and other receivables in JAKS Balance Sheet which needed yearly impairment loss in trade and other receivables.

Posted by soon9913 > 2023-07-02 19:57 | Report Abuse

did anyone ask about the impairment on receivable?

Posted by Johnchew5 > 2023-07-03 08:33 |

Post removed.Why?

Posted by Sslee > 2023-07-03 11:53 | Report Abuse

Pity someone do not know what does it mean or different between?
Impairment loss on trade and other receivables and
Impairment loss on non current assets

Posted by Johnchew5 > 2023-07-03 12:20 |

Post removed.Why?

Posted by Johnchew5 > 2023-07-03 12:22 |

Post removed.Why?

Posted by Johnchew5 > 2023-07-03 12:38 |

Post removed.Why?

Posted by Lee Ying Yee > 2023-07-03 17:40 | Report Abuse

pp ,billion air ??

Posted by Sslee > 2023-07-04 08:25 | Report Abuse

GUH Holdings Bhd said its subsidiary has reached an out-of-court settlement with a unit of JAKS Resources Bhd and a construction firm, over its payment claim for work undertaken as a sub-contractor. GUH’s subsidiary Teknoserv Engineering Sdn Bhd had sued JAKS Sdn Bhd and KACC Construction Sdn Bhd (JAKS-KACC JV) following the termination of the sub-contract to construct a new network pumping station and demolition of existing sewerage treatment plants at Jinjang-Kepong, Kuala Lumpur. GUH said Teknoserv and JAKS-KACC JV have now agreed to settle amicably, all claims and disputes. Under the settlement, JAKS-KACC JV is to pay Teknoserv RM9.07 million via seven instalments.

Posted by Johnchew5 > 2023-07-04 08:32 | Report Abuse

We refer to the previous announcements and the circular to shareholders dated 10 February 2023 in relation to the Private Placement (“Circular”). Unless otherwise defined, the definitions set out in the Circular shall apply herein.



On behalf of the Board, UOBKH wishes to announce that an application has been submitted to Bursa Securities on 3 July 2023 to seek for its approval for an extension of time of up to 29 January 2024 for the Company to complete the implementation of the Private Placement (“Extension of Time Application”). The Extension of Time Application is sought pursuant to Paragraph 6.63 of the Listing Requirements.



This announcement is dated 3 July 2023.

Posted by Johnchew5 > 2023-07-04 08:34 | Report Abuse

Referred to FY23 , QR ended March 2023 :


a) Financial assets


Trade n other receivables 337,839,000


Cash and bank balances 24,102,000

Deposits placed with Banks. 41,630,000


total = 403,571,000


b) Financial liabilities


Loans and borrowings 511,117,000


Trade and other payables 477,080,000


Lease liabilities —


total = 988,197,000



a) - b ) = ( 584,626,000 )


—-



Share Capital : 1,074,143,000

Reserves . : 26,200,000


Accumulated Profit : 324,951,000 ( Audited as on December 2022 is RM 310,874 ,000 )


Non controlling interests : ( 61,658,000 )


Total equity : RM 1,363,636,000



—

Gearing Ratio : 37.5 %

Financial Cost : ( RM 5,723,000 ) / quarter

Posted by Johnchew5 > 2023-07-04 08:42 |

Post removed.Why?

Posted by Johnchew5 > 2023-07-05 06:01 |

Post removed.Why?

Posted by Johnchew5 > 2023-07-05 06:11 |

Post removed.Why?

Posted by soon9913 > 2023-07-05 11:19 | Report Abuse

so far no official news about the LSS4 also?

Posted by Johnchew5 > 2023-07-05 14:46 | Report Abuse

LSS4 projects to get four-year PPA extension

By Adam Aziz / theedgemarkets.com
02 Aug 2022, 08:30 am
Updated - 01:35 pm


KUALA LUMPUR (Aug 2): Bidders of Malaysia’s fourth round of large scale solar awards (LSS4) will have their power purchase agreements (PPAs) extended by four years to 25 years, from 21 previously, according to sources.


This appears to be a concession the Energy Commission (EC) is making in consideration of how the viability of certain projects have been affected, following a 30%-50% jump in solar panel prices — compared to when they submitted their bids in 2020.


A number of project owners have also requested for the EC to review the electricity bid prices, considering the challenging environment, but this has been rejected by the regulator.


Nevertheless, the PPA extension, which could be finalised by the EC as early as this week, would provide a relief to companies whose internal rate of return (IRR) could now return to the high single-digit percentage forecasted in the bids they submitted before the price shock.



LSS4, which will have a total quota of 823.06 megawatt (MW), saw intense competition during the bidding stage, which contributed to some companies putting in aggressive bids that incorporated a declining trend in solar panel prices — which suddenly reversed course during the pandemic.

Posted by Johnchew5 > 2023-07-05 14:52 |

Post removed.Why?

Posted by Johnchew5 > 2023-07-05 16:31 |

Post removed.Why?

Posted by soon9913 > 2023-07-05 17:12 | Report Abuse

johcnchew, dont spam msg here la.

Posted by Johnchew5 > 2023-07-05 18:46 |

Post removed.Why?

Posted by soon9913 > 2023-07-06 09:19 | Report Abuse

not worries la, but u keep sharing old info and non-sense only

Posted by Johnchew5 > 2023-07-06 10:28 |

Post removed.Why?

Posted by m16454 > 2023-07-06 13:43 | Report Abuse

this share going to gg. should be able to get below 0.16

Posted by bingoman > 2023-07-06 14:08 | Report Abuse

last month come here 18 sen, today come here still 18 sen. good or bad sign?