Posted by StingRay > 2023-08-25 17:20 | Report Abuse

Well said.

Posted by qqq47660 > 2023-08-25 17:24 | Report Abuse

22 countries applied to join BRICS, 6 selected. do they have exams or what?

Posted by Sslee > 2023-08-25 17:25 | Report Abuse

I did not hold any banking stock yet. Still waiting for right time to buy some (Too afraid bank kena impairment of bad loan especially from Jaks)

My top holding is still Insas. Q4 result will be out only on 30/6/23. Hoping this year Insas AGM will be a physical one so then I can personally put foward my augument for better dividend and if possible a formal dividend policy.

Note: Send below message to Insas CEO this morning.

Good morning Dato' Wong,

Hope Insas quarter end 30/06/23 will be another profitable quarter.

Will this year AGM be a physical meeting as long time did not met up with Insas BOD?

This year I will put forward my request for a fair/better and equitable dividend and if possible a dividend policy.

Insas should distribute the cash hording to shareholders as now Insas do not need to standby cash to support M&A Securities Bhd as already successful reverse take over SYF and rename M&A Equity Holding Berhad and share price perform very well.

I should have bought some SYF/M&A Equity Holding Berhad instead of holding on to Insas for dividend yield.

Hope to met you personally during this year AGM

Posted by StingRay > 2023-08-25 17:29 | Report Abuse

Okay. As for me, I still don't quite like Insas. Don't like the way they "reward" their shareholders. So, I will give that a pass. There are many more better counters that could give better return. Anyway, wish you all the best and hope your wish come true. Cheers.

Posted by Sslee > 2023-08-25 17:39 | Report Abuse

John is here to help syndicate to con newbies (still use the same old method as in PA). He where got ..die die du si 1 jak flower only...dont know how to move on?


Posted by Johnchew5 > Aug 24, 2023 1:34 PM | Report Abuse
Syndicate holding ard 17 million share distribution left right piling at foundation no 0.201 :
Daily Range : 0.195 to 0.21

Posted by Johnchew5 > 20 hours ago | Report Abuse
Hoho Syndicate have additional 10 million share distributions left right today ..
Let’s see piling at foundation no 0.209 will take how long ? This week got Fish MA200 swimming or not ???

Posted by UlarSawa > 2023-08-25 17:48 |

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Posted by Johnchew5 > 2023-08-25 18:09 |

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Posted by Johnchew5 > 2023-08-25 18:10 | Report Abuse

22/8 Tue. 0.210. 31,552,600 VWAP 0.209


23/8 Wed. 0.205 . 30,288,900. VWAP 0.209- 0.206 .
T+ 1 : 726,628


24/8 Thur. 0.200 28,776,000 VWAP 0.201
T+2 = 0 , ( T + 0 = 15,819,572 )


25/8 Fri. 0.195 39,189,500. VWAP 0.195
T+ 1 = 0. ( T + 0 = 18,804,00 )

Posted by Johnchew5 > 2023-08-25 18:12 |

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Posted by Johnchew5 > 2023-08-25 18:13 | Report Abuse

Jaks


Refer QR ended March 2023 :


Non Current Assets :

PPE. 273,041,000

Investment Properties 594,321,000

Investment in Joint Venture. 829,105,000

Posted by Johnchew5 > 2023-08-25 18:14 | Report Abuse

Jaks


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.



And Dividend RM 70.0 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.


( Note : from Key Matters Discussed, the reduced Share of Profit is due to increased interest expenses .

—


>> 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.

Posted by Johnchew5 > 2023-08-25 18:16 |

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Posted by StartOfTheBull > 2023-08-25 18:39 | Report Abuse

It is good to have these old time experts in stocks investment to join the discussion. Keep it up. 👍

Posted by Johnchew5 > 2023-08-25 18:40 |

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Posted by StartOfTheBull > 2023-08-25 18:41 | Report Abuse

Sorry, except Kon Lee, especially.

Posted by Johnchew5 > 2023-08-25 18:41 |

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Posted by Johnchew5 > 2023-08-25 18:42 |

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Posted by StartOfTheBull > 2023-08-25 18:42 | Report Abuse

Eagerly waiting for upcoming QR for further analysis.

Posted by Johnchew5 > 2023-08-25 18:42 |

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Posted by Johnchew5 > 2023-08-25 18:44 |

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Posted by Johnchew5 > 2023-08-25 18:47 |

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Posted by Sslee > 2023-08-25 18:50 | Report Abuse

So whose figure ti believe StartOfTheBull or Johnchew5 ?
StartOfTheBull
Jaks current assets exceeded current liabilities, cash flow is still healthy or
Johnchew5?
a) - b ) = ( 584,626,000 )
Cash Flow from Operating Activities :
( RM 894,000 )

StartOfTheBull You are wrong. Jaks current assets exceeded current liabilities, cash flow is still healthy, plus incoming revenue collection from LSS4 sucessfully launched 4 months ahead of schedule. Better start carry out your search for your missing "boyfriend" old akua immediately without delay. 😁

Johnchew5 Jaks
Referred to FY23 , 1 QR ended March 2023 :
a) Financial asset
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 )

—
Gearing Ratio : 37.5 % ( 0.375 X )
Financial Cost : ( RM 5,723,000 ) / quarter
—-
Hoho hope the Financial Cost rate is not increasing : 


illustration: 

(5,723,000 ) X 4 / 511,117,000 = 4.48 %
—
Other Operating, Administrative Expenses :
( RM 14,875,000 ) / quarter
——
Cash Flow from Operating Activities :
( RM 894,000 )

Posted by Johnchew5 > 2023-08-25 18:52 |

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Posted by Johnchew5 > 2023-08-25 18:57 |

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Posted by Johnchew5 > 2023-08-25 19:15 |

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Posted by qqq47660 > 2023-08-25 19:26 | Report Abuse

Hoping jaks can match ytlpower meh?

Posted by TeamRocket > 2023-08-25 19:29 | Report Abuse

Don’t waste time here, no project no movement

Posted by StartOfTheBull > 2023-08-25 19:29 | Report Abuse

Latest discovered SSLee twist and turn. He wrote that AAX was unable to exit PN17 due to high debts, unable to pay creditors, so on and so forth, plus every negative comments he can think of. Today he changed his story.
*********

Sslee

AAX after debts restructure, capital reduction, 10 to 1 consolidation and capital injection PP, AAX's Balance sheet already exit PN17 criteria.

1 day ago

Posted by Johnchew5 > 2023-08-25 21:42 |

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Posted by Johnchew5 > 2023-08-25 21:50 | Report Abuse

Jaks : Vietnam Power Plant Project BOT 25 years concession tenure. >>


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.



And Dividend RM 70.0 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.


( Note : from Key Matters Discussed, the reduced Share of Profit is due to increased interest expenses .

—


>> 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.

Posted by Johnchew5 > 2023-08-25 21:53 | Report Abuse

Jaks LSS4 Solar Project with 25 years concession:

👉 COD ( commercial operations date ) on 21/8/2023

>> Generate Profit RM 10 million per year with 25 years concession period.


Posted by Johnchew5 > 2023-08-25 21:55 |

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Posted by Johnchew5 > 2023-08-25 21:56 |

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Posted by Johnchew5 > 2023-08-25 21:57 | Report Abuse

Jaks


Refer QR ended March 2023 :


Non Current Assets :

PPE. 273,041,000

Investment Properties 594,321,000

Investment in Joint Venture. 829,105,000

Posted by Johnchew5 > 2023-08-25 21:58 |

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Posted by Johnchew5 > 2023-08-25 21:59 |

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Posted by Johnchew5 > 2023-08-25 21:59 | Report Abuse

22/8 Tue. 0.210. 31,552,600 VWAP 0.209


23/8 Wed. 0.205 . 30,288,900. VWAP 0.209- 0.206 .
T+ 1 : 726,628


24/8 Thur. 0.200 28,776,000 VWAP 0.201
T+2 = 0 , ( T + 0 = 15,819,572 )


25/8 Fri. 0.195 39,189,500. VWAP 0.195
T+ 1 = 0. ( T + 0 = 18,804,00 )

Posted by Johnchew5 > 2023-08-25 22:03 |

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Posted by Johnchew5 > 2023-08-25 22:07 | Report Abuse

22/8 Tue. 0.210. 31,552,600 VWAP 0.209


23/8 Wed. 0.205 . 30,288,900. VWAP 0.209- 0.206 .
T+ 1 : 726,628


24/8 Thur. 0.200 28,776,000 VWAP 0.201
T+2 = 0 , ( T + 0 = 15,819,572 )


25/8 Fri. 0.195 39,189,500. VWAP 0.195
T+ 1 = 0. ( T + 0 = 18,804,000 ) 👈 Correction

Posted by Johnchew5 > 2023-08-25 22:09 | Report Abuse

52w. 0.170 - 0.305

Posted by Johnchew5 > 2023-08-25 22:14 |

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Posted by Johnchew5 > 2023-08-25 22:15 |

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