simple is good. know less is better than to know more . since we are not ALP . we can not read his mind . but we know he is very pandai to get BOT project in Vietnam . or you think you are more pandai ? then help UNICEF to get my reward . 500 or 1000? of course , unicef wants 1000
why know less is better than know more ? when you read gotyou calculation , you know more , then you panic sell at a huge loss . but if you know less , you only know Jaks won't go bankrupt with its guaranteed 200M inome , you wii benefit when others are panic . but very unlucky . there is no panic sell when gotyou published his RI report . what is the indication ? market is not your obdient son . when you see it a threat , there are people who see it an opportunity . then who is the winner ? the one who never try to prove himself right in the market . are you the one who never think you can be wrong or still not at the level to see you can be wrong ?
The only winner in Jaks is the relate party (49% holder: ICD) trade and other receivables impartment, those get free share grant LTIP and those already sold Jaks very much early either take profit or cut win.
Those still holding Jaks from KYY to DK/OTB and till now are the dreamers. So have a sweet dream. (Was Wawasan 2020 and now Wawasan 2030)
Then DK66 and OTB were here 2019/2020 working on how much 30% - 40% JHDP profit will contribute to Jaks and Jaks net profit should spike up.
==
>> Hoho OTB is a TA Sifu le ..
See 2019 / 2020 on K-Line charts , Dec 2018 price is Bottom at RM 0.24 ,
April 2019 is RM 0.46 …Oct 2019 is RM 0.41 to 0.51 …Feb 2020 is RM 0.83 :
>>> starting Uptrend from RM 0.24 to Point 1 ( Peak Range ) RM 0.83 , it is visible to dictate the Uptrend on the divergent Up from RM 0.24 to 0.46 with Volume , and MACD & Stoch RSI , until Point 1 .
Then Point 2 ( sliding down ) on March 2020 at RM 0.39 …until Point 3 ( rebounded with Swing Swing Swing ) on Feb 2021 at RM 0.79 …then started Point 4 ( Down Trend ) until Today at RM 0.19 !!!
In share trading 90% of the investors are loser. So if we want to make big money , then we must dare to be different with a good reason . No many can understand , that is why not many have significant result .just talk on paper is no use , show me your courage .
History can not be changed but future can be created .we are not the same .I bet for the future while you are still talking about the History. Wawasan 2030 can not be the same as wawasan 2020.we are not the same
Annual report 2022 Employee Share Scheme The Company has in 2016 implemented a Long Term Incentive Plan ("LTIP") comprising the Employee Share Option Scheme ("ESOS") and Share Grant Plan ("SGP"). (i) Movement in the share options and shares granted during the year The Company issued 57,000,000 share options during the financial year 2022 at an exercise price of RM0.237 per new ordinary share of the Company (“JRB Shares”). 3,000,000 share options issued were exercised and as at 31 December 2022, there were 141,473,619 share options still outstanding.
During the financial year, the Company issued: (a) 45,000,000 new ordinary shares pursuant to Company’s Share Grant Plan (“SGP”) under Long Term Incentive Plan (“LTIP”); and (b) 3,000,000 new ordinary shares through exercise of LTIP at issue price of cash RM0.237 for a total cash consideration of RM711,000.
Page:144 Share Option Plan (“SOP”) Movements in the number of share options and the exercise price are as follows: Group and Company Number of share option 2022 2021 Unit Unit At 1 January 87,473,619 15,673,619 Additions 57,000,000 71,800,000 Exercised (3,000,000) - At 31 December 141,473,619 87,473,619
In the previous financial year, no share options were exercised
Share Grant Plan (“SGP”) Movements in the number of shares granted and vested are as follows: Group and Company Number of shares 2022 2021 Unit Unit At 1 January - - Granted 45,000,000 - Vested (45,000,000) - At 31 December - -
The closing share price at the date of granting was RM0.26 (2021: Nil) per ordinary share.
Quote: "I can't provide detail information on the charge rates. All I can reveal is that the capacity charge rate gradually reduced by half mid way through the concession period and further reduced to one third towards the end of the concession.
Although there is NO ASSURANCE that the capacity charge rates for JHDP follow the same pattern as the rate table provided to me, I hereby declare that my previous article (below link) may be inaccurate as the assumption of uniform stream of revenue from JHDP is likely invalid. If so, the revenue from JHDP will decline gradually over the concession period.
As the decline in capacity charge over the concession period is quite substantial, so is the reduction in revenue of JHDP." unquote
Gotyou, Are you saying the wawasan 2030 also gone with the wind. After payoff the borrowing by 2030 the 2031-2045 NP also would spike up because the revenue will drop?
The turnaround to Profitability was mainly from the share of profit in the Vietnam joint venture which amounted to RM 140.7 million in FYE2021 as compared to RM3.8 million in the previous year .
B ) Referred to FY22 Annual Report :
The increase in Profitability arose from the Higher share of Profit from the Vietnam joint venture that rose by 11 % to RM 156.2 million.
C ) Referred to 1st QR ended March 2023 :
Share of Profit in Joint Venture is RM 28,326,000 compared to March 2022 RM 33,936,000.
—
>> JHDP has been granted the Investment Certificate by the Ministry of Planning and Investment of Vietnam on June 2011 to develop a 2 x 600 MW Coal Fired Thermal Power Plant Project in Phuc Thanh Commune, Kinh Mon District, Hai Duong Province, Vietnam ("Hai Duong BOT Thermal Power Plant"), under the form of Build-Operate-Transfer ("BOT") for 25 years.
>>> Construction of Hai Duong BOT Thermal Power Plant has commenced in the first half of 2016. Hai Duong BOT Thermal Power Plant achieved the commercial operation for its first unit on November 2020, while the commercial operation for the second unit was achieved in January 2021.
JAKS offers shares under long-term incentive plan to directors, employees By Priyatharisiny Vasu / theedgemarkets.com
14 Sep 2022, 10:25 pm
KUALA LUMPUR (Sept 14): JAKS Resources Bhd has offered share options under its long-term incentive plan (LTIP) to eligible directors and employees of the group and its subsidiaries.
In a filing with Bursa Malaysia, JAKS said the 57 million LTIP shares are offered at an exercise price of 23.7 sen per share.
Of these, 30 million shares are offered to directors, comprising 17 million to chief executive officer and managing director Ang Lam Poah, eight million to executive director Datuk Razali Merican Naina Merican, and five million to executive director Ang Lam Aik.
Another 13 million shares are offered to the group's senior management, and two million to other selected employees and executives.
JAKS' share price closed flat at 26 sen on Wednesday (Sept 14), valuing the group at RM521.17 million.
Over the last one year, the counter has declined by 46%.
2. The loan tenure for the power plant in Vietnam is 10 years.
Total project cost was USD1.87 billion with 75% bank borrowing.
Total bank borrowing was USD1.4025 billion Annual repayment for 10 years loan tenure will be USD140.25 million equivalent to RM615m (Exchange rate 4.39 as at Dec 2022)
—
>>> Hoho Jaks has 30% stake and CPECC has 70% stake in this JV power plant.
> illustration: Thus RM 615 million x 0.3 = RM 184.5 million.
Johnchew5 5,222 posts
Posted by Johnchew5 > 3 days ago | Report Abuse
A ) Referred to FY21 Annual Report :
The turnaround to Profitability was mainly from the share of profit in the Vietnam joint venture which amounted to RM 140.7 million in FYE2021 as compared to RM3.8 million in the previous year .
B ) Referred to FY22 Annual Report :
The increase in Profitability arose from the Higher share of Profit from the Vietnam joint venture that rose by 11 % to RM 156.2 million.
C ) Referred to 1st QR ended March 2023 :
Share of Profit in Joint Venture is RM 28,326,000 compared to March 2022 RM 33,936,000.
Johnchew5 5,222 posts
Posted by Johnchew5 > 3 days ago | Report Abuse
Hoho yearly Loans payment for 10 years ( not included interest % ) :
illustration: Thus RM 615 million x 0.3 = RM 184.5 million.
A Question : Profit is much Higher ?? or Loans payment is much Lower ???
Stock grants vs. stock options are different tools employers use to motivate and reward their employees. A corporation can get a tax deduction for letting employees become owners of a company when they follow the rules for letting them purchase stock or grant shares. In either case, employees get taxed on the stock value that's received. Those who receive stock grants can't sell their shares until a certain period of time, known as the vesting period. Shares that are received by using stock options can be resold at any time.
Stock Grants vs. Stock Options It's essential to manage stock as part of an investment strategy, whether they're granted stock or options. These should be handled carefully. Grants and stock options should motivate employees to work harder, stay at work later, and assist with the appreciation of the company's stock. It's beneficial to the employee since the higher value the shares have, the more the employee will gain out of them. These two forms of compensation will also discourage employees from quitting their jobs until the options or stocks vest, as this is often conditional based on continued employment.
Stock and option grants allow some of the compensation to be deferred by companies. An advantage of these is the options and stock grants will cost the company more when there's a high stock price, but will cost the company less when the stock is low. This is due to the value of the stock grant and options package being tied to what the stock price is.
It can be risky to have options. There can be high gains, but they can also be worth nothing if things go bad. A stock grant's net worth is stable and won't go to zero until the company goes out of business. In order to balance the reward-and-risk profile of a compensation package, some options may be awarded in addition to stock.
Compensation The worth of the shares that are given as a stock grant get taxed as regular compensation. The calculation of this often happens after the vesting period has occurred, since the employee isn't restricted from selling their stock anymore. However, an employee can choose to have the tax impact occur when the stock that's restricted is granted initially. An employee who has regular stock options will be taxed when they use their right to purchase stocks.
The value of stocks on the exercise date will be added to the compensation, with the purchase price for the stocks subtracted. This is known as the bargain element of stock options.
Posted by Johnchew5 > 21 minutes ago | Report Abuse
Hoho Below thread is Originally posted by OTB . Recalled when I posted on 30/6 : KLCI Open 1388.52 …High 1391.48 …1370.15 … Closed 1376.68 , OTB reposted the Thread .
Zhuge is his right hand person ….
Posted by Zhuge_Liang > 9 hours ago | Report Abuse
FBMKLCI index. Looking at daily chart closing price, there is a double bottom at 1,373. You can say it is almost bottom at 1.373. I hope to see a new upcycle after August 2023, I also hope it is a long upcycle and a bull market for FBMKLCI after a long downtrend since July 2014. I hope all investors will laugh all the way to the bank after August 2023. Hopefully we can see a bull market in KLSE after a long bear market for almost 10 years since July 2014. Good luck to all investors in I3. Opportunity hits but once. You should start to invest in KLSE, you will be rewarded handsomely in the next few years. Thank you.
Hoho May I asked whom knew the detail contents of :
1) Power Plant Project Award Contract
2) Jaks n CPECC JV contract
==
Just take as a Base reference on Share of Profits after Hai Duong BOT Thermal Power Plant achieved the commercial operation for its first unit on November 2020, while the commercial operation for the second unit was achieved in January 2021.
B ) Referred to FY22 Annual Report :
The increase in Profitability arose from the Higher share of Profit from the Vietnam joint venture that rose by 11 % to RM 156.2 million.
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....
Asengkianjoo
613 posts
Posted by Asengkianjoo > 2023-07-18 20:52 | Report Abuse
simple is good. know less is better than to know more . since we are not ALP . we can not read his mind . but we know he is very pandai to get BOT project in Vietnam . or you think you are more pandai ? then help UNICEF to get my reward . 500 or 1000? of course , unicef wants 1000