Posted by Bruce_Wayne > 2023-09-07 16:56 | Report Abuse

Between 2016 and 2020, Electricity of Vietnam (EVN) net margin ranged from 1.6% to 3.6%

However, EVN's went into losses after 2020, and combined losses for the years 2022 and 2023 is expected to reach USD4 billion

In 2022, most IPPs in Vietnam has reported margins that ranged from 5%-8%

Jaks reported 32% net margin

Jaks reported 32% net margin when it's peers are reporting margin that ranged from 5%-8%

Jaks reported 32% net margin when it's only customer EVN is making losses

Your domestic helper is using Hermes when your wife is using LV

Your staff is driving Bugatti when you are driving MyVi

---

Page 3 Table 1: EVN Consolidated Income 2016-2020
https://ieefa.org/wp-content/uploads/2021/07/Vietnams-EVN-Stands-Out-With-a-Strong-2020-Financial-Performance_July-2021.pdf

https://thediplomat.com/2023/03/why-vietnams-state-owned-electric-utility-evn-is-in-financial-trouble/

---

Jaks is reporting total earnings of around USD120M for the entire power plant in Vietnam. That margin will be about 32% of sales. Comparable plants in Vietnam are reporting only 5%-8% margins.

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

.

Posted by UlarSawa > 2023-09-07 17:17 |

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Posted by Johnchew5 > 2023-09-07 17:37 |

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Posted by Johnchew5 > 2023-09-07 17:40 | Report Abuse

5/9/2023 Tuesday


T+2 = 23,336,400. ( Retailer = 33,475,000 )


12.30 pm : 0.22. VWAP : 0.225
Volume : 15,130,000


5.30 pm : 0.22 VWAP 0.223
Volume : 26,997,700



Daily Range : 0.215 —- 0.235


=


6/9/2023. Wednesday



T+ 3 = 15,168,600 ( Retailer = 14,645,000 )



12.30 pm : 0.230 VWAP : 0.225
Volume : 20,933,900



5.30 pm : 0.225 VWAP 0.225
Volume : 24,897,300



Daily Range : 0.220 —- 0.230


——


7/9/2023 : Thursday


T+ 4 = 4,916,300 ( Retailer = 0 )


12.30 pm : 0.220 VWAP : 0.220
Volume : 40,940,000



5.30 pm : 0.215 VWAP 0.220
Volume : 47,393,500



Daily Range : 0.215 —- 0.225



24,200,000

===

8/9/2023 : Friday


T + 1 = 29,823,500

Posted by i3lurker > 2023-09-07 17:41 | Report Abuse

Satanic Accuser Johny kuku jiao is now officially bent

Posted by Johnchew5 > 2023-09-07 17:45 | Report Abuse

每周停電4次 電費狂漲 越南外企生產受創
2023年7月24日 4126点阅 責任編輯: 財經小編
（胡誌明市24日訊）越南爆發缺電危機，主要工業區的電力供應連續中斷，當地電子業者表示，每周停電達3到4次，已經嚴重衝擊生產。除了缺電，海防、北寧和同奈等電價也大幅調漲13%至28%，令韓國、歐洲等跨企憂心忡忡，敦促越南解決電力問題。


根據韓國媒體《Businesskorea》報導，越南供電狀況惡化，經常停電，加上炎熱和幹旱導致電力需求激增，造成海防、北寧和同奈等主要工業區的電力供應連續中斷。

4家在該地區營運的頂尖韓企坦言，今年至少經曆了一次停電，對於家電、手機和顯示器工廠來說，即使是短期停電也不可避免地擾亂生產。


當地電子行業代表直言，每周停電3到4次，足以對工廠營運造成一定程度的幹擾。盡管各地情況有所不同，據悉工廠正在尋求聯合解決方案應對停電。

由於韓企在越南投資逐漸增多，業者已建議越南政府優先解決電力短缺問題。據韓國統計，去年共有303家韓企在越南設立公司，按年增長30.6%，比中國（194家企業）多出約56%。韓國和越南雙邊貿易額也很大，約882億美元（約4027億令吉）。

另一方面，歐洲化學公司上個月代表歐企向越南政府發出一封正式信函，要求快速解決缺電。越南歐洲商會副會長布夫萊指出，由於連續停電，進入越南的企業遇到重大障礙，必須在失去其作為全球製造中心的功能之前采取措施。

此外，當地外企還面臨電價飆升問題，越南政府早前將電價大幅調升，以解決國有電力公司虧損。越南平均電價為每千瓦時1826至2444越南盾（約47至49仙），3月份上調13.7%至28.2%，為2017年以來首次出現雙位數調幅。

Posted by Johnchew5 > 2023-09-07 17:48 |

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Posted by Johnchew5 > 2023-09-07 18:14 |

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Posted by Johnchew5 > 2023-09-07 18:18 | Report Abuse

Jaks shard of profit


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 .


D) Referred to 2nd QR ended June 2023 :
Share of Profit in Joint Venture is RM 32,312,000 . Wow really a Cash Cow , 💪.

—


>> 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 Bruce_Wayne > 2023-09-07 18:22 | Report Abuse

The following references are saying that:

- The Hai Duong plant costed USD1.87B

- Jaks Pacific Power has borrowings of USD1,051.50 million

- EVN's Quang Trach 1 1,200MW plant cost is only USD 1.71B


---


[ The build-operate-transfer (“BOT”) thermal power plant in Hai Duong province cost USD1.87 billion and JAKS holds 30% equity interest in the joint venture company with China Power Engineering Consulting Group Company Limited ]

Page 16
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=225023&name=EA_DS_ATTACHMENTS

---

[ As at the LPD, JPP has raised a total of USD1,449.00 million by way of total borrowings amounting to USD1,051.50 million and via the issuance of 221.00 million JPP USD Shares for USD221.00 million, 176.50 million RCPS for USD176.50 million and 200 JPP HKD Shares for HKD200 ]

Page 11
https://www.insage.com.my/BursaNews/Attachment/202009/20200909/JAKS-AN20200909A2-1.pdf

---

Quang Trach 1 1,200MW
Investment: 41,131 VND Billion (USD 1.71B)
Ground-break: 2021
Completion: 2025

Page 8
https://ieefa.org/wp-content/uploads/2021/07/Vietnams-EVN-Stands-Out-With-a-Strong-2020-Financial-Performance_July-2021.pdf

.

Posted by Bruce_Wayne > 2023-09-07 18:26 | Report Abuse

Put aside the fact that a similar plant can be commissioned by EVN at USD160M cheaper for now.

Jaks Pacific Power's borrowings of USD1,051.50 million would have been reported somewhere.

A company search on Jaks Pacific Power Ltd in Hong Kong shows zero debt?!!!

8 Mortgages and Charges
Total amount of the indebtedness as at the date to which this return is made up in respect of all mortgages and charges which are required to be registered with the Registrar of Companies pursuant to the Companies Ordinance or would have been required to be so registered if created after 1 January 1912

NIL

---

Link to company search here:

Jaks_Pacific_Power_Ltd_NAR1.pdf
https://file.gd/T2g0bj


.

Posted by StartOfTheBull > 2023-09-07 18:33 | Report Abuse

Hello my friend, when can I buy Hibiscus 🌺 at 30c?
#########
Bruce_Wayne

88 posts

Posted by Bruce_Wayne > 2022-09-19 17:01 | Report Abuse

Target 0.30

Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD

2022-09-28 18:11 | Report Abuse

Ding3.

Oil price collapsing.

Sabah state will suspend Hibiscus' permit this weekend. Drilling rigs off Sabah will shut down.

Inflated administrative and other taxes aimed towards tax evasion of fake revenue will be disallowed by LHDN.

Hibiscus Target Price:

Plunging oil prices + unpaid income taxes + unpaid sales taxes + work permits to be revoked + dodgy financials = 0.30 target price

Sekian

Posted by Johnchew5 > 2023-09-07 18:36 |

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

price and action dictates everything dun need any promotion la.

Posted by Johnchew5 > 2023-09-07 20:19 |

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Posted by Johnchew5 > 2023-09-07 20:24 |

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Posted by soon9913 > 2023-09-07 22:03 | Report Abuse

Additional Listing Announcement /Subdivision of Shares | https://www.klsescreener.com/v2/announcements/view/5638891

Private Placement at 0.18 only... big boss and operator johnchew will throw all the cheap tickets to YOU soon....

Posted by soon9913 > 2023-09-07 22:04 | Report Abuse

kacang putih buys at 0.22, big boss buys at 0.18...
big boss will throw all tickets to you.

yes to YOU

Posted by soon9913 > 2023-09-07 22:05 | Report Abuse

operator Johnchew sure not happy but I have told thr facts.... 👀

Posted by soon9913 > 2023-09-07 22:08 | Report Abuse

big boss and operator sells their ticket at cost 0.18 tmr or next week also easily buta buta get 20% profit... from your pocket..


Yes, from YOUR pocket!

Posted by soon9913 > 2023-09-07 22:09 | Report Abuse

Guys, trade with care..


later this operator Johnchew will copy and paste many long posting here ya... whoever read my post consider lucky

Posted by i3lurker > 2023-09-07 22:35 | Report Abuse

no surprises to behavior of Satanic Accuser Johny weird behavior
all this unethical people will always promote stocks that are already fully valued to continue dumping at top top.
Other examples include Armada and YTLPower already fully valued and dumping at top top also

so its all a normal days work for these small sharks

Posted by UlarSawa > 2023-09-07 22:38 |

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Posted by Felix888 > 2023-09-07 22:38 | Report Abuse

I3licker are you blind? Armada is super undervalued.

Everyday come I3forum talk cxcK， talk cxck.

Posted by UlarSawa > 2023-09-07 22:41 |

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Posted by UlarSawa > 2023-09-07 22:42 |

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Posted by Felix888 > 2023-09-07 22:50 | Report Abuse

I bought at 0.19, nothing to lose. Steady bom bi bi now.

Posted by UlarSawa > 2023-09-07 22:57 |

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Posted by StartOfTheBull > 2023-09-07 22:58 | Report Abuse

Only useless i3Licker should be dumped. Remember his COD at Penang bridge?

Posted by UlarSawa > 2023-09-07 22:59 |

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Posted by UlarSawa > 2023-09-07 23:02 |

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Posted by i3lurker > 2023-09-07 23:03 | Report Abuse

Just took a look at Jaks chart, the cream of mushroom soup is forecasting 19 sen ...

Posted by StartOfTheBull > 2023-09-07 23:04 | Report Abuse

Read below how this useless Licker was scorn. Nothing better to offer but prefer go everywhere asking to be 🪛 .
LOL

"""""""""


Zhuge_Liang

2,160 posts

Posted by Zhuge_Liang > 34 minutes ago | Report Abuse

Posted by i3lurker > 4 hours ago | Report Abuse
its not a criminal offense for price to drop to 50 sen
----------------
Talk cxxk like you is also not a criminal offence.
i3lucker has changed from an intelligent person in I3 to a stupiid person who is cursed by all readers here.
Very sad to read his posting.

Posted by UlarSawa > 2023-09-07 23:04 |

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Posted by Johnchew5 > 2023-09-07 23:06 |

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Posted by UlarSawa > 2023-09-07 23:07 |

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Posted by soon9913 > 2023-09-07 23:07 | Report Abuse

Additional Listing Announcement /Subdivision of Shares | https://www.klsescreener.com/v2/announcements/view/5638891

Private Placement at 0.18 only... big boss and operator johnchew will throw all the cheap tickets to YOU soon....

Posted by soon9913 > 2023-09-07 23:08 | Report Abuse

kacang putih buys at 0.22, big boss buys at 0.18...
big boss will throw all tickets to you.

yes to YOU

Posted by UlarSawa > 2023-09-07 23:10 |

Post removed.Why?

Posted by Johnchew5 > 2023-09-07 23:11 |

Post removed.Why?