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Posted by Johnchew5 > 2023-10-16 20:20 | Report Abuse

MA10 : 0.2095


1.) 1st hurdle BB 20 2 Mid : 0.2100 


2.) 2nd hurdle MA200 : 0.2132


3.) 3rd hurdle MA400 ( from 0.27 to 0.25 )


4.) 4th hurdle 52W H ……( from 0.34 to 0.305 )


VWAP : 0.213 CP : 0.215

—


MA10 : 0.2090


1.) 1st hurdle BB 20 2 Mid : 0.2110


2.) 2nd hurdle MA200 : 0.2122


3.) 3rd hurdle MA400 ( from 0.27 to 0.25 )


4.) 4th hurdle 52W H ……( from 0.34 to 0.305 )


VWAP : 0.215 CP : 0.210


—-



MA10 : 0.2095


1.) 1st hurdle BB 20 2 Mid : 0.2112


2.) 2nd hurdle MA200 : 0.2118


3.) 3rd hurdle MA400 ( from 0.27 to 0.25 )


4.) 4th hurdle 52W H ……( from 0.34 to 0.305 )


VWAP : 0.210 CP : 0.210


Observation : Consolidation period : MA200 is reducing …

Posted by StartOfTheBull > 2023-10-16 21:56 | Report Abuse

When big shots discussing others keep quiet and listen only, only tin kosong Ularsawa keep talking to himself by the side. What a shameless snake.

Posted by joyvest > 2023-10-16 22:32 | Report Abuse

Jaks is expected to decline below 20 by the end of this year if not faster....

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Posted by Johnchew5 > 2023-10-17 05:42 | Report Abuse

29 May 2023

Vietnam Approves Power Development Plan for Cleaner Fuels


Power Development Plan VIII ("PDP8") calls for expansions to renewable energy generation and development of LNG facilities to aid a gradual phase-out of coal-fired power plants. The plan will require US$134.7 billion in domestic and foreign investment by 2030 and lays a pathway for Vietnam to achieve carbon neutrality by 2050.



On May 15, 2023, after two years of consultation with public and private stakeholders and 12 draft plans, Prime Minister Pham Minh Chinh approved Vietnam's PDP8 as part of Vietnam's National Electricity Development Plan 2021 – 30. PDP8 calls for significant expansion of the country's electricity grid, more than doubling its capacity from 69 GW in 2020 to 150 GW by 2030, and set energy transition goals for achieving carbon neutrality by 2050. Much of the expansion is slated to come from investments in offshore wind facilities and LNG-supplied natural gas power plants.

Posted by Johnchew5 > 2023-10-17 05:43 | Report Abuse

The plan will require a total investment of US$134.7 billion by 2030 to fund new generation facilities and grid upgrades, part of which will come from foreign investors. In December 2022, the Group of Seven nations pledged to provide Vietnam with US$15.5 billion to help end the country's reliance on coal-fired power plants, after offering similar incentives to South Africa and Indonesia. Vietnam's commitment to concrete energy transition goals in PDP8 may help unlock this investment by alleviating brewing uncertainties over the two-year delay to the plan's approval.


While PDP8 calls for a significant evolution of Vietnam's electricity grid and its entry into the offshore wind and LNG spaces, it does not call for an end of coal-fired generation by 2030, which could present risks for foreign-pledged investments intended to aid the transition away from coal power plants. Total generation capacity from coal power plants would increase from 2020 to 2030, but no new coal power plants would be developed after 2030, and existing plants would begin to transition to cleaner fuels, such as biomass or ammonia.


PDP8 provides specific targets for Vietnam's energy mix by 2030 but also set goals to help the country achieve carbon neutrality by 2050. Longer-term goals include the gradual phase-out of coal, increased reliance on natural gas, specifically LNG, and an expansion of renewable energy capacity from 30.9% of the country's energy mix in 2030 to 67.5% by 2050, primarily through investments in offshore wind and rooftop solar generation. The 2050 targets would require much more investment than the 2030 targets, with total cost estimates ranging from US$399 billion to US$523 billion.
A sector-by-sector breakdown of PDP8's generation-related targets is as follows:

Posted by Johnchew5 > 2023-10-17 05:43 | Report Abuse

LNG and Natural Gas
In 2020, natural gas accounted for 9.03 GW (13.1% of Vietnam's total generation capacity) all of which was sourced from domestic gas. PDP8 calls for expanding LNG and natural gas capacity to 37.33 GW (24.8%) by 2030. The bulk of this expansion would come from LNG, which Vietnam does not currently utilize. PetroVietnam Gas recently completed construction of the country's first LNG importation terminal, with a capacity of one million tonnes per year, and has issued a tender seeking to purchase the country's first LNG cargo. PDP8 plans for development of 13 LNG-fired power plants by 2030, with the first scheduled to begin operating in late 2024.

Posted by Johnchew5 > 2023-10-17 05:44 | Report Abuse

Coal
Although PDP8 does not call for immediate reductions in Vietnam's reliance on coal, coal would become a smaller share of the total energy mix by 2030. In 2020, total capacity of coal-fired power plants was 21.38 GW (30.8%) of the energy mix. By 2030, Vietnam plans to increase this to 30.13 GW, but this would reduce its share to 20% of planned energy capacity.

After 2030, Vietnam would not develop any new coal-fired power plants, and active plants that are 20 years or older will begin transitioning to biomass or ammonia. Plants over 40 years old that cannot achieve this fuel switch will be retired.

Posted by Johnchew5 > 2023-10-17 05:49 | Report Abuse

Renewable Energy Sources

In 2020, hydropower produced 21 GW (30.3%) of total capacity. Under PDP8, total capacity would increase to 29.5 GW (19.5%) by 2030, and up to 36 GW (6.3%) by 2050. More ambitious targets for renewable sources, however, relate to wind and solar expansion. Wind accounted for just 0.54 GW (0.8%) of total capacity in 2020; PDP8 would scale this up to 27.88 GW (18.5%) by 2030, with 6 GW of offshore wind power by 2030. By 2050, the goal is to generate 70 GW from offshore wind alone. Vietnam also aims to install rooftop solar on half of all office buildings and homes by 2030, ultimately generating up to 189 GW by 2050. In a press release on May 16, 2023, the government stated "[f]rom now until 2025, there is no limit to the capacity of rooftop solar power development provided that the prices are reasonable and the existing transmission network is not overloaded."1

👉 Vietnam previously experienced a boom in solar development in 2019 and 2020, but much of the electricity could not be delivered to the grid without transmission and other capacity upgrades. PDP8's planned investments in transmission and distribution infrastructure could alleviate these issues and bolster Vietnam's transition to rely more heavily on renewable energy sources.

Next Steps
PDP8 envisages legal reforms to meet Vietnam's energy development goals. Specific measures to be led by the Ministry of Industry and Trade include amendments to the Electricity Law to account for electricity market regulation, including investment and electricity pricing policy, as well as the development of mechanisms for investment auctions, direct power purchase agreements and electricity price management. Further reforms to be expected include amendments to the Law on Economical and Efficient Use of Energy and the adoption of a Law on Renewable Energy. The Ministry of Industry and Trade is to submit a planning implementation plan to the Prime Minister in June 2023.

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Posted by Johnchew5 > 2023-10-17 07:10 | Report Abuse

MA10 : 0.2095


1.) 1st hurdle BB 20 2 Mid : 0.2100 


2.) 2nd hurdle MA200 : 0.2132


3.) 3rd hurdle MA400 ( from 0.27 to 0.25 )


4.) 4th hurdle 52W H ……( from 0.34 to 0.305 )


VWAP : 0.213 CP : 0.215

—


MA10 : 0.2090


1.) 1st hurdle BB 20 2 Mid : 0.2110


2.) 2nd hurdle MA200 : 0.2122


3.) 3rd hurdle MA400 ( from 0.27 to 0.25 )


4.) 4th hurdle 52W H ……( from 0.34 to 0.305 )


VWAP : 0.215 CP : 0.210


—-



MA10 : 0.2095


1.) 1st hurdle BB 20 2 Mid : 0.2112


2.) 2nd hurdle MA200 : 0.2118


3.) 3rd hurdle MA400 ( from 0.27 to 0.25 )


4.) 4th hurdle 52W H ……( from 0.34 to 0.305 )


VWAP : 0.210 CP : 0.210


Observation : Consolidation period : MA200 is reducing …

Posted by Johnchew5 > 2023-10-17 07:41 |

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Posted by Johnchew5 > 2023-10-17 07:42 | Report Abuse

Vietnam's northern region to face 10 pct of power shortage in 2024: ministry
Source: Xinhua
Editor: huaxia
2023-09-12 17:24:45


HANOI, Sept. 12 (Xinhua) -- The northern region of Vietnam is forecasted to experience a power shortage of up to 1,770 MW during the peak of the dry season next year, which equals 10 percent of the region's total power demand, according to the Ministry of Industry and Trade on Tuesday.

The ministry predicted that during June and July of next year, the region will see a shortage of 420 to 1,770 MW if hydropower reservoirs continue to record low water levels.

The figures are calculated based on a nearly 9 percent increase in the country's electricity demand next year.
Vietnam's total power production reached 186.3 billion kilowatt-hours in the first eight months of this year, a year-on-year increase of 2.7 percent.


Given the context of the annual rising power demand of 10 percent, northern Vietnam is predicted to continuously face power shortages in the coming years.

Meanwhile, coal-fired power plants can only meet one-third of the country's demand from now until 2030, local newspaper VnExpress reported, citing Nguyen Anh Tuan, a power expert at the Vietnam Energy Association.


Vietnam has switched focus to renewable energy with 18 transitional renewable power plants in trial and commercial operation, with a total capacity of nearly 1,116 MW. ■

Posted by Johnchew5 > 2023-10-17 09:04 |

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Posted by StingRay > 2023-10-17 11:07 | Report Abuse

Aiyo. Just came back from my holidays. Still so much of rubbish spewed here kah? Jaks no limit up ke? Now you people understand why I said it is just a waste of time. If one would have listened and bought Eatech when both Eatech and Jaks were traded at 0.185, would have been smiling instead of getting angry with small nonsense accusations. Guess a conman will always do what conman does best. Trying to divert attention to others. 🤣🤣🤣

Posted by StingRay > 2023-10-17 11:13 | Report Abuse

Alamak. Ular go back Kampong kah? Ok loh. Will be back when Ular come back. At the mean time, wish everyone huat huat. ✌️

Posted by Johnchew5 > 2023-10-17 20:39 |

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Posted by Johnchew5 > 2023-10-17 20:45 | Report Abuse

World's leading solar panel manufacturer LONGi Malaysia launches 140-acre RM1.8b module plant in Serendah


By Kenneth Tee
Tuesday, 17 Oct 2023 3:19 PM MYT
RAWANG, Oct 17 — World’s leading photovoltaic panel manufacturer LONGi Malaysia Sdn Bhd has today launched its 140-acres RM1.8 billion Serendah Module Plant, a testament to Malaysia’s supportive environment for sustainable renewable energy growth.M

In the launching event graced by state and corporate officials, deputy Secretary General (Investment) at the Ministry of International Trade and Industry Malaysia (Miti) Datuk Bahria Mohd Tamil said Malaysia remained steadfast it its mission to establish itself as a dominant global nexus for trade and industry

We endeavour to nurture an environment that champions innovation, prioritises sustainable growth and celebrate technological prowess.


LONGi reiterates its confidence in the boundless potentials of what our nation has to offer,” she said in her speech on behalf of MITI minister Datuk Seri Tengku Zafrul Abdul Aziz who was absent.


Also present was Selangor state executive council member Ng Sze Han and LONGi vice president Li Wenxue.

Founded in 2000, Shanghai Stock Exchange listed LONGi Green Energy Technology Co Ltd as the world’s largest manufacturer of monocrystalline silicon wafers.

Following today’s launching, LONGi’s 140 acre of land at the UMW High Value Manufacturing Park is set to boast four production factories with a workforce of over 2000 locally employed Malaysians by March 2024.

LONGi vice president of International Manufacturing Centre Sii Jing Ngieng said Malaysia was a preferred investment destination since locals are multilingual which made communications and talent search much easier.

Sii also said Malaysia’s existing renewable energy such as hydroelectricity and green policies are aligned to the company’s goals when the company’s first overseas production base was set up in Kuching, Sarawak back in 2016.

He also said support towards the company’s establishment was also spurred by corporate friendly government policies which had allowed the company to build up its facilities within a year after the land purchase in Serendah was finalised in August last year.

Posted by Johnchew5 > 2023-10-17 20:53 |

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Posted by Johnchew5 > 2023-10-17 20:56 | Report Abuse

MA10 : 0.2095


1.) 1st hurdle BB 20 2 Mid : 0.2100 


2.) 2nd hurdle MA200 : 0.2132


3.) 3rd hurdle MA400 ( from 0.27 to 0.25 )


4.) 4th hurdle 52W H ……( from 0.34 to 0.305 )

As
VWAP : 0.213 CP : 0.215

—


MA10 : 0.2090


1.) 1st hurdle BB 20 2 Mid : 0.2110


2.) 2nd hurdle MA200 : 0.2122


3.) 3rd hurdle MA400 ( from 0.27 to 0.25 )


4.) 4th hurdle 52W H ……( from 0.34 to 0.305 )


VWAP : 0.215 CP : 0.210


—-



MA10 : 0.2090


1.) 1st hurdle BB 20 2 Mid : 0.2112


2.) 2nd hurdle MA200 : 0.2115


3.) 3rd hurdle MA400 ( from 0.27 to 0.25 )


4.) 4th hurdle 52W H ……( from 0.34 to 0.305 )


VWAP : 0.210 CP : 0.205


Observation : Consolidation period : MA200 is reducing …

Posted by StingRay > 2023-10-17 21:08 | Report Abuse

Hohoho... Using other company news and old news from May to try to promote Jaks kah? And got the guts to accused others of being a con? Who is the real con? You think all forummers are not smart, is it? 🤣🤣🤣

Posted by joyvest > 2023-10-17 22:16 | Report Abuse

Jaks has been calling for the wolves so many times and turn out to be false hopes in the end

Jaks is expected to decline below 20 by the end of this year if not faster...

Posted by loganathanrhb > 2023-10-17 22:27 | Report Abuse

Jaks CEO annual compensation is through the roof RM9.9m

Posted by Huangbk72 > 2023-10-17 22:46 | Report Abuse

When a company has such huge negative operating and free cash flow position:

Breakdown TTM 12/30/2022 12/30/2021 12/30/2020 12/30/2019
Operating Cash Flow -62,823 -80,946 -31,394 20,943 211,653
Free Cash Flow -200,367 -221,265 -34,748 -11,052 211,569

Guess where the money comes from? Definitely not money generated from operations. 😡😡

Posted by Johnchew5 > 2023-10-18 05:50 |

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