Posted by Felix999 > 2023-10-21 09:40 |

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Posted by Johnchew5 > 2023-10-21 09:56 |

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Posted by StingRay > 2023-10-21 09:56 | Report Abuse

Hohoho... Running all over tha place and posted so much rubbish and yet avoided answering my simple question ke?. How was the 3 counters you use to challenge me performed against my 3 counters? Too ashame to admit you lose? Why? Worry that you no longer able to convince Ikan bilis to buy your holding when you promote? Go on. Answer loh. 🤣🤣🤣

Posted by StingRay > 2023-10-21 09:57 | Report Abuse

And proof that I also invited you to join PakTua telegram group. Are you also Ular? Always twisting and lying. Cheh. 🤣🤣🤣

Posted by Johnchew5 > 2023-10-21 10:08 |

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Posted by Johnchew5 > 2023-10-21 10:15 |

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Posted by StingRay > 2023-10-21 10:15 | Report Abuse

Hohoho... Running all over tha place and posted so much rubbish and yet avoided answering my simple question ke?. How was the 3 counters you use to challenge me performed against my 3 counters? Too ashame to admit you lose? Why? Worry that you no longer able to convince Ikan bilis to buy your holding when you promote? Go on. Answer loh. 🤣🤣🤣

And proof that I also invited you to join PakTua telegram group. Are you also Ular? Always twisting and lying. Cheh. 🤣🤣🤣

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

Here is proof that he is the one that played flag flag. Now I wait for him to proof that I use insulting word and abusive sentence on SSLee. Go ahead and proof your claim loh. Proof that what you said is true and what I said was a lie. Boleh? 🤣🤣🤣

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Hohoho... Now openly admitted they are the one doing the flagging but at the same time accused others who are not involved doing the flagging. Clear cut conman modus operandi. Accused others when they themselves were the one doing it. Mana mau lari? 🤣🤣🤣

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Posted by Johnchew5 > 4 minutes ago | Report Abuse

Hoho Felix if Ularsawa flag report U on yr Posts that abusive with Anjjng , do flag back on Ularsawa abusive posts ..

Just like what we did in TSH where Conartist Calvin keep flag report Negative Threads .. we did the Same to Calvin as he is more scare than US as he had been suspended for 3 Times ..

Like Bobaxelrod that being Suspended until 3rd week November now ..

Ularsawa oredi had a bad record n being Open File … if he did flag report just do the same …

Posted by Johnchew5 > 2023-10-21 10:18 |

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Posted by Johnchew5 > 2023-10-21 10:19 |

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Posted by StingRay > 2023-10-21 10:22 | Report Abuse

What is there to debate with him? To admit he lose to me in a challenge also he cannot do. Some more you want him to do such complex action like debate meh? 🤣🤣🤣

Posted by Huangbk72 > 2023-10-21 10:23 | Report Abuse

I know.. Just posted so the silent majority readers that are investors are reading my post and compare to his post

😂😂😂😂

I never cared for what he posts ... let reader decide

Posted by StingRay > 2023-10-21 10:25 | Report Abuse

I have full faith that majority of the forummers here are smart enough to judge. And also believed that many are having a good laugh at that conman behaviour. 🤣

Posted by StingRay > 2023-10-21 10:30 | Report Abuse

That is why he dare not admit lah. Otherwise how he can convince others to buy his Jaks to let him have his 7 digit profit? 🤣

Posted by Huangbk72 > 2023-10-21 12:08 | Report Abuse

Latest update on Jaks Hai Duong Plant

In October 2023, Price for all coal plant power generated will be reduced from maximum (2022 price frame is 1.773,76/kWh) to new tariff rate ( 0 - 1.559,7 VND/kWh)

Earnings for Jaks will be reduced from Vietnam by 12% due to revised new power tariff.
Currency impact ( Paid in VN and Loan in USD) as disclosed by Bruce Wayne..

This time is really Mati Kudasai

https://vietnamenergy.vn/approving-the-coal-price-framework-electricity-generation-prices-from-the-coal-power-and-hpps-in-2023-31595.html

https://www.vietnam.vn/en/dien-than-cao-nhat-la-1-559-dong-kwh/

Posted by StingRay > 2023-10-21 12:14 | Report Abuse

Whatever it is, I believe for their PP, they would still support their share price above 0.18 for now. This is to ensure there are parties that would be interested to subscribe. But when PP over, nobody know where it would head. But looking at the past few times their PP exercise, one should be able to guess where that would lead to. 🤣

Posted by Huangbk72 > 2023-10-21 12:25 | Report Abuse

With a 12% drop in earnings from Jaks Vietnam plant... That impact is BIG on a cash deficient company like JAKS.

Loan amount fixed, interest fixed.. both in USD

PP/RI/ Strip/ Free Buffet are all irrelevant.

Below does.

Latest update on Jaks Hai Duong Plant

In October 2023, Price for all coal plant power generated will be reduced from maximum (2022 price frame is 1.773,76/kWh) to new tariff rate ( 0 - 1.559,7 VND/kWh)

Earnings for Jaks will be reduced from Vietnam by 12% due to revised new power tariff.
Currency impact ( Paid in VN and Loan in USD) as disclosed by Bruce Wayne..

This time is really Mati Kudasai

https://vietnamenergy.vn/approving-the-coal-price-framework-electricity-generation-prices-from-the-coal-power-and-hpps-in-2023-31595.html

https://www.vietnam.vn/en/dien-than-cao-nhat-la-1-559-dong-kwh/

Posted by Johnchew5 > 2023-10-21 18:15 |

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Posted by Bruce_Wayne > 2023-10-21 19:39 | Report Abuse

A 12% cut in pricing at same output will lead to a 12% drop in revenue

Net profit will drop more than 12%

Comparable plants in Vietnam are reporting only 5%-8% margins

All of them will swing into losses together with EVN

As a result of tariff cut and increasing interest costs, the real accounts for Jaks will probably show losses in 2024

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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

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Posted by Huangbk72 > 2023-10-21 19:56 | Report Abuse

Jaks power generation business is price controlled by Vietnamese authorities.

Coal price and tariff fixed. Only variable is operating cost.

I see only tax rate being the difference but quantum of profit rate cannot be 32% vs 5-8%

Possible Vietnamese give cheaper coal or higher tariff to Jaks? 😁

Very Highly, Most probably unsustainable accrued expenses. Would like to see when its all added back into P&L

Posted by Bruce_Wayne > 10 minutes ago | Report Abuse

A 12% cut in pricing at same output will lead to a 12% drop in revenue

Net profit will drop more than 12%

Comparable plants in Vietnam are reporting only 5%-8% margins

All of them will swing into losses together with EVN

As a result of tariff cut and increasing interest costs, the real accounts for Jaks will probably show losses in 2024

---

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 Huangbk72 > 2023-10-21 20:12 | Report Abuse

From Vietnam:

https://e.vnexpress.net/news/business/economy/vietnam-lacks-a-million-tons-of-coal-for-power-production-4616971.html

There was an acute coal shortage for June and July 2023. Thermal plant unable to run at full efficiency. JAK QR closes end Sept 2023.

Less coal = less revenue = less share of profit in JV

Hope they miraculously found coal source at Hai Duong Plant during July and started digging 😁

Posted by Johnchew5 > 2023-10-22 01:15 |

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Posted by Huangbk72 > 2023-10-22 05:21 |

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Posted by Johnchew5 > 2023-10-22 06:29 | Report Abuse

> Accumulated Profit : 343,661,000. ( 1QR 324,951,000 ) ( Audited as on December 2022 is RM 310,874 ,000 )

Posted by Johnchew5 > 2023-10-22 06:31 | Report Abuse

MA10 : 0.210


1.) 1st hurdle BB 20 2 Mid : 0.2095 Done 


2.) 2nd hurdle MA200 : 0.2136


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


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


—-

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 : 0.2102


2.) 2nd hurdle MA200 : 0.2111


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


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


VWAP : 0.206 CP : 0.205


Observation : Consolidation period : MA200 price is reducing …


—-

MA10 : 0.2080


1.) 1st hurdle BB 20 2 Mid : 0.2095


2.) 2nd hurdle MA200 : 0.2109


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


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


VWAP : 0.204 CP : 0.200


___


👉 Observation : Consolidation period : MA200 price is reducing …


👉 1/9/2023 : Price is Up from 0.205 to 0.235 , 2/9 Highest 0.245 …

At that Time : MA400 is 0.27 …
52W H is 0.34 …


👉 Consolidation period in 2nd month …

Posted by Huangbk72 > 2023-10-22 06:32 |

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Posted by Johnchew5 > 2023-10-22 08:28 | Report Abuse

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.


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.

Posted by Johnchew5 > 2023-10-22 08:29 | Report Abuse

👉 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.

Posted by Johnchew5 > 2023-10-22 08:30 | Report Abuse

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 > 2023-10-22 08:30 | 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 > 2023-10-22 08:31 | 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 > 2023-10-22 08:32 | 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.

Posted by Johnchew5 > 2023-10-22 08:33 | Report Abuse

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.

Posted by Johnchew5 > 2023-10-22 08:39 |

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Posted by Johnchew5 > 2023-10-22 08:41 | Report Abuse

👉 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.