sslee no worries I will propose to Andy to takeover my nasi lemak menu rahmah business for RM10 Billion. I am sure Andy will approve it as a nation building exercise so new adjusted Goodwill = RM10,023.5 million to be amortized over 1,000 years
Sslee
Let say local business still bleeding RM 50m per year, still got RM 100m profit from power plant.
You forget to put in another RM 50M for impairment loss on goodwill and receivables + another RM 14M on LTIP expenses.
The good news is the balance on Goodwill in Balance sheet is now RM 23.5 M
@sslee, that is a risk of investing at lousy mgt that investors need to know. All those promising calculation by some really made a lot investors who lost heavily.
At current mkt cap of RM 400m, i will bet small. Has the kitchen sinking exercise almost done in you view?
At this price is very tempting. Someone is pushing down the price for big boss to collect PP cheaply. Once PP is over then price will be pushed up for big boss to sell and the cycle repeat again.
This year power play : Toyoven - price goes up from 60 sen to RM 1.40 in few month times YTL Power - price goes up from 66 sen to 85 sen jaks - price at historical low. Current mkt cap = RM 400m. Power plant share of profit RM 150m per year + LSS4 profit (COD by 2nd quarter 2023) minus local business losses.
Is very good to promote Malay as business language ..... it's better if using pure Malay, so that, the investors here are not learning the "rojak" type of Malay .....
Share a good teacher, when I met Glove Stock, it was the teacher who helped me to solve it and helped my stock market slowly recover losses. I hope that retail investors can unite. What good news can be shared together and spent the difficulties together!
Hopeless? really hopeless promotes rojak Malay ..... your Andy will obey your instruction to pay 3 sen for you to do DRP ...... surely he wont make you hopeless :D :D :D
The fear of Jaks would be which made price so depressed: 1. ALP poor business ventures both new and old ones. Obvious all his ventures failed except for Jaks Power Plant in Vietnam which is run by Chinaman not him. 2. Every year or endless PP or RI 3. Impairments of Receivables
Time to apply Warren Buffet's be greedy when others are fearful when all investors are losing moeny? To me jaks is speculative stock unless ALP proves otherwise...
Jaks is better off just to maintain vietnam power plant and appoint a monkey as CEO with yearly profit of RM 150m. With so many failed business ventures, only get profit of RM 100m or maybe lesser.
sslee if those PP continues, the final resting place will be RM0.02 to RM0.06 per share then share consolidation then more PP you could lose 99.9% of your capital
Sslee
At this price is very tempting. Someone is pushing down the price for big boss to collect PP cheaply. Once PP is over then price will be pushed up for big boss to sell and the cycle repeat again.
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....
MIDASTOUCH87
32 posts
Posted by MIDASTOUCH87 > 2 months ago | Report Abuse
https://www.thaipbsworld.com/vietnam-struggles-to-break-one-of-worlds-biggest-coal-addictions/