Posted by soon9913 > 2023-08-31 23:29 | Report Abuse

talk facts la. spamming here for what

Posted by Bruce_Wayne > 2023-09-01 00:14 | Report Abuse

Search on Zero Carbon Energy Europe GmbH at https://www.unternehmensregister.de :

Herr Jian Ji
geboren am 23.09.1961, wohnhaft in Leipzig, Staatsangehörigkeit: VR China
Nennbetrag des Geschäftsanteils : 12.500 EUR

Herr Xuejun Wang
geboren am 19.06.1976 wohnhaft in Shanghai, VR China Staatsangehörigkeit: VR China
Nennbetrag des Geschäftsanteils : 12.500 EUR


--->>> New company. No financial statements. Shareholder funds : 25 EUR

.

Posted by Bruce_Wayne > 2023-09-01 00:16 | Report Abuse

Company search on Jaks Pacific Power Limited at https://www.icris.cr.gov.hk/csci :

Company number: 1525457
Company Name: Jaks Pacific Power Limited

Date to which this Return is Made Up: 8-11-2022

Address of Registered Office:
Suites 1801-3, 18th Floor, One Taikoo Place,
979 King's Road, Hong Kong


Share Capital

Ordinary HK$ : 200
Ordinary US$: 280,275,000
Redeemable Convertible Preference Shares uS$: 186,850,000

Total HK$: 200
Total US$: 467,125,000


Directors

Surname: Wang
Other Names: Honggang

Surname: Xu
Other Names: Jinming

Surname: Ang
Other Names: Lam Poah

Surname: Goh
Other Names: Theow Hiang

.

Posted by Bruce_Wayne > 2023-09-01 00:23 | Report Abuse

Question:

If indeed, the plant's profit is USD120M in 2022, a challenging year with high coals costs, the return on share capital will be 25.7% ( 120 / 467.125 )!

A project with 4 years payback?

Haha ... fat female frog ( tai kap nar ) running in the street?


---

Posted by MrsLim > 2 days ago | Report Abuse

In 2022, Jaks's 30% share of profit for the Hai Duong Power Plant was RM156.190M

The entire plant's profit would have been RM520M (about USD120M ) in 2022

The Hai Duong Power Plant wasn't the first. They were also not smarter.

However the Hai Duong Power Plant's profit is many times higher than those reported by it's peers.

---
“There are three ways to make a living in this business: be first, be smarter, or cheat." - Margin Call
---

Quang Ninh Thermal Power JSC _____ USD444.23M _____ USD32.84M
PVPower NT2 ________________________ USD374.68M _____ USD31.09M
PECC2 ________________________________ USD56.38M ______ USD3.27M
Pha Lai Thermal Power JSC __________ USD218.13M _____ USD15.89M

https://theinvestor.vn/thermal-power-plants-record-q4-profit-drop-on-higher-costs-d3460.html

.

Posted by soon9913 > 2023-09-01 00:29 | Report Abuse

taking high high pay, hello, this is listed Co... this LP tot still 100% his grand father Co

Posted by Bruce_Wayne > 2023-09-01 00:33 | Report Abuse

Ang Lam Pah has hid share grant under LTIP.

Share grant is effectively free shares that is charged to the company, RM11.7M in 2022. More in 2023.

Issuance of shares under share grant plan 45,000,000 - RM11,700,000 -
Exercise of LTIP 3,000,000 - RM831,000

Since Lam Pah did not pay for the shares, the entire RM11.7M is considered as ‘perquisites’ under Section 13(1)(a) of the income tax. Act (ITA) in 1967.

Please remember to pay tax on the RM11.7M


Thank you


Page 130
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=225023&name=EA_DS_ATTACHMENTS

Share Grant Plan (“SGP”)
The share grant are settled by way of issuance and transfer of new shares upon vesting. The total fair value of shares granted is recognised as an employee cost with a corresponding increase in the share grant reserve within equity over the vesting period after taking into account the probability that the share grant will vest.


In the case of the share grant, the shares will be vested with the grantee at no consideration on the vesting date. While in the case of share option, the option price shall be based on the 5 day weighted average market price of the underlying shares at the time the option is offered, with a discount of not more than 10%.

.

Posted by soon9913 > 2023-09-01 00:39 | Report Abuse

taking million RM a month but doing lousy job to his shareholders...

totally no integrity at all

Posted by Johnchew5 > 2023-09-01 01:10 |

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Posted by Johnchew5 > 2023-09-01 01:14 |

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Posted by Johnchew5 > 2023-09-01 01:24 |

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Posted by Johnchew5 > 2023-09-01 01:28 |

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Posted by Johnchew5 > 2023-09-01 01:43 | Report Abuse

>> JAKS Power has intention to participate and will engage in comprehensive cooperation with the project sponsor, ZC Energy on a solar photovoltaic project with an installed capacity of 63.3MW, located around Grosseto and Firenzuola in Tuscany, Italy (“Project”).


2. BACKGROUND INFORMATION ON ZC ENERGY

ZC Energy, is a company incorporated in Germany in 2023 and having its principal office at Hans-

Weigel Str. 18a, 04319 Leipzig, German. The principal activities of ZC Energy are as follows:-


>> (i) Development and investment in renewable energy such as solar energy, wind energy, hydrogen energy green methanol, synthetic ammonia, etc.;

(ii) Trade in renewable energy products such as solar panels, inverters, storage systems, batteries etc.; and

(iii) Operation and management of photovoltaic systems, wind turbines, hydrogen systems and storage systems.

>>> ZC Energy is owned by two Chinese nationals, namely Mr. Ji Jian and Mr. Wang Xue Jun, each holding 50% of the shares and the Managing Director is Mr. Ji Jian.

It is a company specifically established for Italian projects and is the project sponsor of the current project in Tuscany. Mr. Wang Xue Jun also owns BaySolar AG and Bay Energy Group which has previously developed similar solar projects in Europe ranging from 7.4MW to 163MW.

Posted by Johnchew5 > 2023-09-01 01:50 | Report Abuse

Jaks non current asset


Refer QR ended March 2023 :


Non Current Assets :


PPE. 273,041,000


Investment Properties 594,321,000


Investment in Joint Venture. 829,105,000



—

Refer QR ended June 2023 :



Non Current Assets :


PPE. 278,626,000

Investment Properties 590,929,000

Investment in Joint Venture. 861,417,000


===


Note : Compared 2QR to 1QR >>


A) PPE : increased RM 5,585,000 👍


B) Investment Properties : Decreased RM 3,392,000 👍


C) Investment in Joint Venture. : Increased RM 32,312,000 👍

Posted by Johnchew5 > 2023-09-01 02:49 |

Post removed.Why?

Posted by Johnchew5 > 2023-09-01 02:52 | Report Abuse

Jaks


Referred to FY23 , 1 QR ended March 2023 :

Other Operating, Administrative Expenses :


( RM 14,875,000 ) / quarter

👉Referred to FY23 , 2QR ended June 2023 :

Other Operating, Administrative Expenses :


( RM 13,077,000 ) / quarter

Posted by Johnchew5 > 2023-09-01 02:57 | Report Abuse

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING JAKS RESOURCES BERHAD ("JAKS" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF JAKS ("PRIVATE PLACEMENT")

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, being the joint placement agent, wishes to announce that the Board has resolved to fix the issue price for the Private Placement at RM0.18 per Placement Share.



The issue price of RM0.18 represents a discount of RM0.0188 or approximately 9.46% to the 5-day VWAP of JAKS Shares up to and including 29 August 2023, being the market day immediately preceding the price-fixing date of RM0.1988 per JAKS Share.



This announcement is dated 30 August 2023.

Posted by Johnchew5 > 2023-09-01 03:01 |

Post removed.Why?

Posted by StartOfTheBull > 2023-09-01 07:24 | Report Abuse

Share of Profit in Joint Venture
RM32,312,000.
Aggressively transforming into a green energy company.

Posted by KopiOKaw > 2023-09-01 09:57 | Report Abuse

Time to accumulate

Posted by Bullcoming > 2023-09-01 10:04 | Report Abuse

Soon you may not be able to get this stk below 40cts

Posted by StartOfTheBull > 2023-09-01 10:33 | Report Abuse

Bye bye 20c. 🚀

Posted by KopiOKaw > 2023-09-01 10:34 | Report Abuse

You are right

Posted by SomaCruz89 > 2023-09-01 10:35 |

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Posted by todakensem > 2023-09-01 10:35 | Report Abuse

good

Posted by StartOfTheBull > 2023-09-01 10:36 | Report Abuse

Sunview, friend of JAKS.

Posted by warchest > 2023-09-01 10:48 | Report Abuse

Like what we advocate. Don't try to fight the direction of wind. Just use it

Posted by warchest > 2023-09-01 10:50 | Report Abuse

We all know the issues with Group. But now we try to see how they can minimise the impact. So far it seems that we can see more viable prospects. Cash flow is a concern but it the banks willing to lend them, this can be minimised

Posted by warchest > 2023-09-01 10:55 | Report Abuse

I think I learnt is don't fight with money. If you want to see bad financials & cash flow, check on Ekovest & yet the share price keeps going up

Posted by warchest > 2023-09-01 10:55 | Report Abuse

Also ignore those naysayers. They are just the little dots in your life. Whether u want to connect them or stop them (just silent)

Posted by Sslee > 2023-09-01 10:58 | Report Abuse

So insiders purposely press down price to benefit the PP. Once PP price fixing over jaks start to move again.

Is this action benefit the company or the would be PP subscribers?

More PP, LTIP and RI coming because Banks would not want to lend money to poor credit rating jaks

Posted by Johnchew5 > 2023-09-01 10:59 |

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Posted by Johnchew5 > 2023-09-01 11:00 |

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Posted by warchest > 2023-09-01 11:03 | Report Abuse

As long as they can build the story from its RE & energy business, the question about funding by the banks is no longer an issue. See how it goes

Posted by Johnchew5 > 2023-09-01 11:04 | Report Abuse

The facilities will fund the development of a 50 MW fourth large-scale solar (LSS4) photovoltaic plant in Seberang Perai Selatan, in the state of Penang in Malaysia in addition to financing working capital requirements.


While JAKS Resources’s principal activity is the construction of power plants, JAKS Solar was incorporated specifically to undertake the development of the LSS4 photovoltaic plant in Penang.


The underlying asset for the multilateral facility is the solar plant which is inherently a sustainable power generation facility.
The Islamic facilities in the multilateral financing comprise a Murabahah Tawaruq term financing facility worth RM80 million (US$18.84 million), two bank guarantees worth RM27.5 million (US$6.48 million) combined and a Murabahah Tawaruq cash line facility worth RM5 million (US$1.18 million).


The bank guarantees consist of a RM10 million (US$2.35 million) facility with a complementary term financing facility with a limit of up to RM10 million and a second bank guarantee of RM17.5 million (US$4.12 million) with a Murabahah Tawarruq complementary term financing facility with a limit of up to RM17.5 million.


According to Ng Kit Ho, the senior vice-president of loan markets and debt markets 1 at AmInvestment Bank, the primary challenge faced by the bank in executing the financing facility was the time constraint.


“The time between execution of the power purchase agreement and financials was extremely tight (four months) and was over the festive period,” Ng told ISFI.


According to Albar & Partners, which acted as the legal counsel on behalf of the financiers in this multilateral financing facility, the guarantees required in the facility also posed a challenge.


“Tenaga Nasional, as the off-taker of the power project, would only accept one single performance guarantee for the performance of the borrower under this power project, therefore AmBank Islamic and UOB were required to enter into a fronting arrangement for AmBank Islamic to issue a bank guarantee to UOB as a fronting guarantor, who shall then issue its own conventional bank guarantee to TNB as the performance bond of the power project on behalf of the borrower,” the law firm shared.


While sustainability-linked financing is steadily increasing in popularity as a financing cost-saving mechanism, Ng shared that JAKS Solar had considered sustainability-linked financing but ultimately decided against it.

Posted by Johnchew5 > 2023-09-01 11:15 | Report Abuse

Ho ho ho KLCI pun looking Good .. cheers …

Posted by Johnchew5 > 2023-09-01 11:20 |

Post removed.Why?

Posted by StartOfTheBull > 2023-09-01 11:21 | Report Abuse

Mari lah mari Kon Lee, don't miss the boat. Kikikiki

Posted by StartOfTheBull > 2023-09-01 11:26 | Report Abuse

FA plus TA, spot on John 👍

Johnchew5

7,009 posts

Posted by Johnchew5 > 25 minutes ago | Report Abuse

Hoho can break MA200 .. 0.22 ke … 💪

Posted by Michael Kwok > 2023-09-01 11:33 | Report Abuse

Please read.its up.when i call buy people say mr crazy.it power division (vietnam) going to mature few more years as it start contribute profit(share of profit).means higher profit this coming few years.
Jak 19.5 cents
Tp 25-27 cents(few month)
Tp 30 cents range(Before CNY 2024)
11/8/24 9.20pm

Posted by Johnchew5 > 2023-09-01 11:36 |

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Posted by tomwah > 2023-09-01 11:37 | Report Abuse

happy trade

Posted by Johnchew5 > 2023-09-01 11:57 |

Post removed.Why?

Posted by Sslee > 2023-09-01 12:37 | Report Abuse

Congratulation finally PP price fixing over and someome working day and night promoting Jaks and today jaks start to move.

When will this someone sell jaks for 5 or 6 digits gain and all in CapitalA?

Posted by Johnchew5 > 2023-09-01 12:45 |

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Posted by Johnchew5 > 2023-09-01 12:52 | Report Abuse

Jaks


28/8 Mon. 0.200 16,963,500 . VWAP 0.196 
T+ 1 = 1,840,500 . ( T + 0 = 15,267,000 ) 

==

29/8/2023 Tues : 


Jaks 


12.30 pm : 0.195 VWAP 0.195 Volume : 18,479,600 


5.20 pm : 0.195 VWAP 0.195 
Volume : 22,763,700

==

30/8/2023. Wed


12.30 pm : 0.200 VWAP 0.201 Volume : 12,087,800


5.30 pm : 0.200 VWAP 0.201
Volume : 16,420,800


===

1/9/2023 . Fri

12.30 pm : 0.225 VWAP : 0.218
Volume : 109, 046,500

Posted by soon9913 > 2023-09-01 15:35 | Report Abuse

johnchew, u goreng up after i told you the facts?..