Posted by curiousq > 2023-11-29 09:10 | Report Abuse

still cannot, even mad dog sifu also cries💀

Posted by Mikecyc > 2023-11-29 09:56 |

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Posted by Mikecyc > 2023-11-29 09:58 |

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Posted by StartOfTheBull > 2023-11-29 10:03 | Report Abuse

Have Lee checked with those massage parlours at Jalan Alor, the girls got ran road or not?

Sslee

3,191 posts

Posted by Sslee > 1 month ago | Report Abuse

The Jalan Alor massage girl, already runroad with 6 digit gain when Jaks hit 0.24 only this dumbass still holding hoping for 7 digit gain.

Posted by Sslee > 2023-11-29 10:06 | Report Abuse

Mikecyc Haha no worries… FA is improving since 2021 ….
29/11/2023 9:56 AM

Now you know what I mean Half past Six FA.
What is the FA trend 9 months end 30 Sept from 2021 to 2023?

Date Financial Result Financial Ratio Per Share Item Performance
Quarter
Revenue
PBT
NP
NP to SH
ROE
EPS
NAPS
QoQ
YoY
Financial Year: 31-Dec-2023
30-Sep-2023 9,984 2,203 2,178 7,147 0.49% 0.33 0.6800 -62.60% -64.87%
30-Jun-2023 3,312 14,511 14,436 19,111 1.37% 0.90 0.6600 35.76% 25.19%
31-Mar-2023 14,160 9,040 8,986 14,077 0.99% 0.67 0.6800 533.81% -33.39%
Financial Year: 31-Dec-2022
31-Dec-2022 45,850 -5,604 -5,997 -3,245 -0.23% -0.16 0.6800 -115.95% 88.63%
30-Sep-2022 16,380 15,789 15,652 20,343 1.46% 1.00 0.6800 33.27% -36.13%
30-Jun-2022 9,719 10,489 10,444 15,265 1.12% 0.75 0.6700 -27.77% -47.01%
31-Mar-2022 17,845 16,462 16,140 21,135 1.54% 1.03 0.6700 174.04% 7.03%
Financial Year: 31-Dec-2021
31-Dec-2021 20,061 -36,233 -36,287 -28,544 -2.27% -1.50 0.6600 -189.61% 72.34%
30-Sep-2021 30,555 27,466 27,399 31,852 2.56% 1.72 0.6700 10.58% 19.09%
30-Jun-2021 41,591 23,939 23,930 28,805 2.41% 1.64 0.6800 45.87% 1,230.49%
31-Mar-2021 17,454 15,294 14,879 19,747 1.70% 1.13 0.6600 119.14% 417.53%

Posted by Mikecyc > 2023-11-29 10:07 |

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Posted by Mikecyc > 2023-11-29 10:11 |

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Posted by Mikecyc > 2023-11-29 10:12 |

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Posted by ValueInvestor888 > 2023-11-29 10:12 | Report Abuse

after 2 years of Jaks power plant COD, the share price is at historical low due to failure in local businesses. All local businesses are making losses while ALP and executives continued to pocket RM 12m share based incentives...

Posted by Mikecyc > 2023-11-29 10:13 |

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Posted by MrFox > 2023-11-29 10:15 | Report Abuse

micky mouse, how many Jaks do u have?

Posted by Mikecyc > 2023-11-29 10:20 |

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Posted by Sslee > 2023-11-29 10:28 | Report Abuse

FA foretell Q4 will be loss making quarter due to impairment loss on goodwill and receivables.

Posted by Mikecyc > 2023-11-29 10:30 |

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Posted by Mikecyc > 2023-11-29 10:33 |

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Posted by Mikecyc > 2023-11-29 10:39 |

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Posted by MrFox > 2023-11-29 10:45 | Report Abuse

micky mouse, how many Jaks do u have?

Posted by Mikecyc > 2023-11-29 10:54 | Report Abuse

JAKS RESOURCES(Jaks)在2011年争取的越南海阳燃煤电厂项目在经过了6年的风雨终于开工建设了。由于项目总投资达18.685亿美元，JAKS无法找到任何银行资助该项目，所以电厂的建设推迟了好几次，期间更换了2个中国伙伴。直到于2015年7月Jaks与中国电力工程顾问集团有限公司(CPECC)达至协议。Jaks让出项目控制权从以往60:40改为30:70的股权合资开发此工程。CPECC负责融资及全部工程建设。CPECC在进行发电和输变电厂的工程非常有经验。参与了约90％的中国煤电工程。共完成了49,000兆瓦燃煤厂工程。

为确保整个项目能够圆满完成，CPECC承担全部责任完成电厂建设，包括如需要额外的资本。 JAKS在建设期间将获得项目的4.5455亿美元工程。而此工程也将由CPECC承包。实质上，JAKS肯定会在施工期间赚取大约4亿令吉。此利润将流回合资公司充当JAKS的股权资金。换句话说，JAKS只需要拨出2亿令吉来拥有电厂30％的股份。完成发电厂项目后，JAKS在3年内有权向CPECC以成本购买另外10％而拥有合资公司的40%股权。

CEO洪南坡在2011年下了一个胆大包天的赌注，在世界面对金融风暴时刻，啃下一个陌生领域而且需要庞大资金的巨大BOT模式燃煤电厂工程。当时越南高速经济成长造成严重电力短缺，以至越南政府颁发了多个发电厂工程。因为资金需求庞大，大型的燃煤电厂工程都以BOT模式颁发了给外资企业。当时便有3个类似燃煤电厂供外企竞标。Mong Duong燃煤电厂是颁发给美国的AES Corporation (51%), Posco Energy (30%) and China Investment Corporation (19%)， 越南永新燃煤电厂一期BOT项目是由中国南方电网有限责任公司（55%）、中国电力国际有限公司（40%）和越南煤炭集团电力有限公司（5%）共同投资。而越南海阳燃煤电厂项目则颁给Jaks。CEO洪南坡被访问时表示去越南本意是寻找内行的水务工程，可机缘巧合发现越南严重缺电，所以竞标陌生的燃煤电厂工程。

可看到得标者个个都是几百亿市值，财力雄厚，经验丰富的跨国集团。何以势单力薄的Jaks也会得标 ？也许当时正处金融风暴而且项目多，竞标者少。

Jaks於2011年动工清理场地后便处于静态，前后换了2 个中国伙伴都因为无法得到任何银行资助而无法动工。2014年5月中越南海纠纷引发了一场“反华暴动”，中国冻结了对许多越南工程。Jaks已耗资2亿令吉。眼看将要泡汤。曾一度与TENAGA商讨合作，后来中国越南领袖互相拜访重新友好。中国大减钢铁产能而冻结燃煤产量导致煤电厂工程喊停。此举导致煤电公司出走寻找机会。又逢中国发起的一带一路计划给合格的项目得以融资。同时，越南政府也修改了政策以便项目的条例符合中资银行的严格融资条件。机缘巧合，天时地利，海阳燃煤电厂项目办妥了。

按照购电协议，电力售价将随原料价格波动。意味着业务盈利贡献获得保证。Jaks管理层曾透露内部回酬IRR介于12%，PAYBACK PERIOD为8至9年。如果发电理想，可获1.5亿美元的常年收入。Jaks 40% 股 权 可 得 2.58亿令吉，相等于每股盈利 RM0.53。

燃煤电厂于2016年3月28日动土。机组建设工期为42+6，2016年10月1日开始计时，按照里程碑计划2020年2月28日#1机组完成临时移交，2#机组顺延6个月。工程正如火如荼的进行中。至今，估计已完成50%。
Jaks越南海阳燃煤电厂项目有何风险 ？

越南海阳2X600MW燃煤电厂，是中国能建所属中国电力工程顾问集团有限公司（简称“中电工程”）与马来西亚JAKS以70:30投资股比合作开发和建设的越南BOT项目。该项目是“一带一路”沿线的重点项目，总投资约18.685亿美元，是目前中国企业在越南单笔投资额最大的项目。在此探讨海外BOT项目投融资所涉及的主要风险及防范措施。

越南海阳BOT电厂项目位于河内以东100公里，建设两台600MW燃煤机组，采用四炉两机配置，计划为海阳省及河内输送电力，是越南政府吸引外资开发电力建设的重点项目。马来西亚的Jaks公司在2008年获得该项目的开发经营权。随后Jaks与越南工贸部经过近三年的谈判，于2011年6月签署了25年特许经营期的BOT合同，同时签署的有关协议还包括与越南煤炭公司的购煤协议（25年）；与越南电力公司的购电协议（25年）；与海阳省人民委员会的土地租赁协议；政府担保与承诺协议。根据购电协议，海阳电厂所发全部电量由越南电力公司收购；煤价与电价联动，即煤价上升，电价也随之上涨，投资方的收益始终保持在一个稳定范围内。根据政府担保协议，越南政府对越南煤炭公司和越南电力公司的付款违约提供政府担保，项目收益可以100%转换为美元转入到投资方的国外账户。项目建设期54个月，2020年终必须完工。项目收益享有优惠税务，施工材料与设备进口税收全免。25年特许经营期满后移交越南政府。

中电工程与Jaks经过一年多的谈判，于2015年7月签署了合作投资协议，中电工程为项目70%股东，Jaks为30%股东，由中电工程负责项目的银行融资并承担EPC工程建设。

中国工商银行，中国建设银行股份有限公司，与中国进出口银行三家银行集团为此项目提供了75%的融资。
国家政治风险

越南近年来与中国因南海主权问题曾发生多次摩擦，在该国开展投资项目有一定的国家风险和政治风险。但中、越两国地缘相邻，经济上互补性很强，越南经济对中国的依赖更大，从长远发展角度看表现出积极主动的合作态势。

战争、征收、汇兑和罚没属于政府违约范畴，可能造成企业无法继续正常生产以及项目收益无法兑换成美元汇出。虽然越南政府为海阳项目提供了项目收益100%转换成美元的保证，但在25年运营过程中仍然存在因故无法兑现该保证的可能性。

海阳项目的投资上，中电工程分别就股权和债权投保了中信保海外投资险，其中债权险是银行融资的要求，股权险是出于企业自身在越南进行投资的资本金安全考虑。通过投保海外投资险，发生上述风险时，先由中信保赔偿企业相应的损失，中信保再代表中国政府向越南政府索要保险赔款，企业面对的风险实际上转成由中信保承担。

投资收益风险
投资收益风险，主要考虑项目投资回报率及除政治风险以外的与项目建设、运行有关的主要风险是否得到有效分配和规避。通过购煤协议，电厂特许经营期25年内需要的原料通过25年期购煤协议得到基本保证。协议还规定，如出现越南煤炭公司因故不能提供燃煤，需由BOT公司自行购煤的情况，煤价的超出部分由越南煤炭公司负责补偿。

购电协议中电价由容量电价、电量电价及补充电价三部分组成。根据购电协议，电厂建成即使不发电，越南电力公司也要支付容量电价。电厂所发电量将全部由越南电力公司承购，即电量消纳有保障。补充电价主要包括实际土地赔偿费用。

通过土地租赁协议，项目建设所需土地得到有效保证。

通过政府担保协议，越南政府对越南煤炭公司及越南电力公司的付款违约提供政府担保，即如发生上述两家公司付款违约行为，其付款责任由越南政府承担。同时，越南政府保证投资方卖电获得的当地货币收益100%可以转换为美元汇出越南境外，有效规避了当地币发生大幅度贬值的风险。

针对项目投资回报率，中电工程聘请了国际著名财务事务所担任投资顾问，建立项目财务模型，在反复落实模型主要输入条件后，得到了比较理想的项目收益率。该收益率是基于长期的购煤、购电协议前提条件下获得的，因此较可靠。

海阳项目的投资收益风险通过上述各项协议得到了有效化解和分摊，并且项目投资收益率较为理想，该项目的投资收益风险可控制。

法律及不可抗力风险
根据购电合同PPA条款，因法律的变化对项目投资方带来不利影响的风险由越南工贸部负责承担，越南政府提供担保。合同也保障该项目不被不可抗力（天灾人祸）突发事件所影响。

另外，根据中电工程委托的法律事务所出具的律师工作备忘录内容，中电工程对本项目的投资不违反中国及越南两国法律规定，所规划的投资方案不存在法律障碍。法律事务所对境外投资架构的合法性、中电工程对BOT项目公司的控制权、跨境担保的合法性以及关于融资关闭逾期的法律后果出具了相关法律意见，均不存在法律障碍。

Posted by MrFox > 2023-11-29 10:57 | Report Abuse

understandable, ther mouse is desperate!

Posted by Mikecyc > 2023-11-29 11:03 |

Post removed.Why?

Posted by MrFox > 2023-11-29 11:08 | Report Abuse

Mikecyc@
be brave to cut loss n look for another lady!!!!
haha

Posted by mickey77 > 2023-11-29 11:41 | Report Abuse

Jaks VN power stn revenue is based on capacity charges and other and not so much on tariff charges.

Posted by mickey77 > 2023-11-29 11:42 | Report Abuse

the coal charges is also a pass through

Posted by mickey77 > 2023-11-29 11:43 | Report Abuse

VN tariff reduction does not affect jaks

Posted by mickey77 > 2023-11-29 12:10 | Report Abuse

It is VN govt contract arrangement that payment is based on capacity charge as long as the power stn is kept in running condition.
Go write to Jaks and ask them ok?

Posted by mickey77 > 2023-11-29 12:15 | Report Abuse

Each BOT has their own contract and may not be the same.

Posted by mickey77 > 2023-11-29 12:23 | Report Abuse

VN govt did not put out a single USD to built the power stn. They just pay the capacity charge for 25 years and the power stn is theirs.
No need to speculate on this, Jaks already clarified.
The other p.stn may be affected depending on their arragement.

Posted by Sslee > 2023-11-29 13:45 | Report Abuse

What will happen to ALP pledged securities Jaks-WB?

LARGEST WARRANT B HOLDERS AS AT 24 MARCH 2023
No. of
Names Warrant B (%)
1. Chong Kok Foo 22,464,833 13.10

2. Kenanga Nominees (Tempatan) Sdn Bhd 20,835,842 12.15
Pledged Securities Account for Ang Lam Poah

3. HLB Nominees (Tempatan) Sdn Bhd 10,165,749 5.93
Pledged Securities Account for Loo Kee Seng

4. Public Nominees (Tempatan) Sdn Bhd 8,770,850 5.11
Pledged Securities Account for Ang Lam Poah

5. Phillip Nominees (Tempatan) Sdn Bhd 7,775,240 4.53
Pledged Securities Account for Ang Lam Poah

6. Affin Hwang Nominees (Tempatan) Sdn Bhd 5,641,790 3.29
Pledged Securities Account for Ang Lam Poah

7. Original Invention Sdn Bhd 5,215,100 3.04

8. Er Soon Puay 3,700,500 2.16

9. Koh Seng Poh 3,454,011 2.01

10. Ch’ng Kim Soon 2,479,400 1.45

11. Wilfred Koh Seng Han 2,395,522 1.40

12. Maybank Nominees (Tempatan) Sdn Bhd 2,351,536 1.37
Pledged Securities Account for Ang Lam Poah

Posted by Mikecyc > 2023-11-29 14:59 |

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Posted by Mikecyc > 2023-11-29 15:00 |

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Posted by Mikecyc > 2023-11-29 15:01 |

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Posted by Mikecyc > 2023-11-29 15:05 |

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Posted by Mikecyc > 2023-11-29 15:06 |

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Posted by Mikecyc > 2023-11-29 15:14 |

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Posted by Sslee > 2023-11-29 16:36 | Report Abuse

including charges for: – Repayment of the principal and interest of the debt used to construct the facility.

If this is true then why BOD at AGM give the below reason?
The declined in share of profit in Q1FYE2023 was due to increase in interest expenses.

Posted by Mikecyc > 2023-11-29 18:11 |

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Posted by Mikecyc > 2023-11-29 18:14 |

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Posted by BringMeFly > 2023-11-29 22:05 | Report Abuse

Those negative news had been reflected in the shares price. Price from 70sen to 20sen now. Jaks still got chance.

Posted by UlarSawa > 2023-11-29 23:05 |

Post removed.Why?

Posted by Sslee > 2023-11-30 07:29 | Report Abuse

So next year another PP or RI?

Posted by Mikecyc > 2023-11-30 07:36 |

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Posted by Mikecyc > 2023-11-30 07:39 |

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Posted by Mikecyc > 2023-11-30 07:42 |

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Posted by Mikecyc > 2023-11-30 07:45 |

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Posted by Sslee > 2023-11-30 07:55 | Report Abuse

Next year PP or RI will be at what price?
Plenty of chance to collect cheaper than 19 cents, just do nothing and wait meanwhile let Mike-tikus do all the hard work.

Posted by BringMeFly > Nov 29, 2023 10:05 PM | Report Abuse
Those negative news had been reflected in the shares price. Price from 70sen to 20sen now. Jaks still got chance

Posted by Mikecyc > 2023-11-30 07:55 |

Post removed.Why?

Posted by Mikecyc > 2023-11-30 08:07 |

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Posted by MrFox > 2023-11-30 14:36 | Report Abuse

m mouse disappears? loss his tail?

Posted by Asengkianjoo > 2023-11-30 15:28 | Report Abuse

Other Operating, Administrative Expenses: 30,912.

However, due to the charge out of the long term incentive plan (“LTIP”) expenses
of RM12.7 million, the Group incurred lower profit before tax of RM2.2 million
in the current quarter, compared to a profit before tax of RM14.5 million in the
preceding quarter. Operationally, setting aside the LTIP expenses, the Group is
still profitable.

we hope for the coming quarters, there is no LTIP expenses . without it, we certainly will see better profitability

this is the main reason for the price to drop today

claim against STAR is a bonus , now at Federal level . if successful , the a big boost to the financial position of the company

the QR also show something positive , LSS4 10M yearly consistent income is not jus talk and dream . the company is moving in the right direction to enhance cashflow . hope more projects of similar type to come in .

Posted by Mikecyc > 2023-11-30 16:13 | Report Abuse

3QR compared to 2QR :


2.) Cash & Cash Equivalent at end of the period:
RM 19,391,000 vs RM 3,302,000