Posted by Sslee > 1 month ago | Report Abuse

Q2 end 30/6/2024 out.
Revenue RM 13,090,000
NP: RM 3,932,000
NP to SH: RM 8,422,00

Is above a good result???

Posted by Sslee > 1 month ago | Report Abuse

Q to Q -32.31%
Y to Y -55.93%
That prove how good is Mike-tikus punya FA!😇🤢🤮

Posted by Johnchew5 > 1 month ago | Report Abuse

Jaks :

> Current year 6 months ended June 2024 :

1.) share of Profit in Joint Venture: 53,715,000

2.) Depreciation n Amortisation: 11,667,000

3.) Net cash generated used in Operating activities: 25,718,000

4.) Cash n Cash equivalents : 12,129,000

5.) Net Profit: 20,800,000



> Current year 6 months ended June 2023 :

1.) share of Profit in Joint Venture: 60,638,000

2.) Depreciation n Amortisation: 7,732,000

3.) Net cash generated used in Operating activities: 25,715,000

4.) Cash n Cash equivalents : 5,302,000

5.) Net Profit: 33,200,000

Posted by Sslee > 1 month ago | Report Abuse

LSS4: Revenue contribution of RM4.8 million was recognised and a profit before tax of RM0.4 million achieved from this division for the second quarter of 2024.

Can a PBT of RM 0.4 million enough for repayment of RM 200 million loan?

Luckily this quarter dividend received from JV RM 14,207,000. This most likely what JHDP can afford for the year.

With quarter end 30/6/2024
Other Operating, Administrative Expenses RM (17,492,000)
Finance cost RM (7,182,000)

Balance sheet
Current bank borrowings RM 59,894,000

Cash & Cash Equivalents: RM '000
Deposits placed with licensed banks 12,074
Cash & bank balances 31,955
Bank overdrafts (5,877)
38,152
Less : Deposit held as security values (12,074)
Bank balance held as security values (5,585)
Debt service reserves account (8,364)
12,129

For sure jaks will have cash flow problem and need more cash call of PP or RI for working capital and repayment of bank loan.

Jaks is hopeless and only come back year 2030 for a second look.

Posted by Johnchew5 > 1 month ago |

Post removed.Why?

Posted by Balian de Ibelin > 1 month ago | Report Abuse

Suboptimal profits usually happens when there are equipment issues in power plant.
The Vietnam company will not mention in their audited accounts, as it is not required.

Without official notification of news, Jaks are not required to report anything to BURSA.


Huangbk72

More worrying...Instead of getting bigger revenue and share of profit due to "Hot Weather" and coal usage increased as promoted by Miketikus

It went backwards massively.

Page 15. Item 2

Posted by musangfoxking > 1 month ago | Report Abuse

Jaks is hopeless and only come back year 2030 for a second look.???!!!!!!!!!!!!!!!

SAD

Posted by Sslee > 1 month ago | Report Abuse

6 Months ended: 6 Months ended
30-Jun-2024: 30-Jun-2023
RM'000: RM'000
Net Cash generated from/(used in) Operating activities (25,718):(25,715)
Interest paid (981):(1,251)
Income tax paid (252): (1,486)
Net Operating Cash Flow (26,951) (28,452)

If you add in interest pay under financing activities net operating cash flow will be (26,951 + 14,255)

Interest paid (14,255) (10,649)

So Mike-tikus caught cheating with his pant down of falsified
3.) Net cash generated used in Operating activities: 25,718,000

Posted by Johnchew5 > Aug 28, 2024 7:03 PM | Report Abuse
Jaks :
> Current year 6 months ended June 2024 :
1.) share of Profit in Joint Venture: 53,715,000
2.) Depreciation n Amortisation: 11,667,000
3.) Net cash generated used in Operating activities: 25,718,000

Posted by koyokui > 1 month ago | Report Abuse

Buy quarter report profit

Posted by Johnchew5 > 1 month ago |

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Posted by Johnchew5 > 1 month ago |

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Posted by Johnchew5 > 1 month ago |

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Posted by Johnchew5 > 1 month ago | Report Abuse

Jaks 



1.) Vietnam Power Plant Share of Profit n Dividends : 




2020 : RM 3.8 million ( 1 Power Plant is COD on Nov 2020 ) 




2021 : RM 140.7 million ( The 2nd Power Plant is COD on January 2021 ) . 




2022 : RM 156.2 million , Dividend RM 70.0 million 




2023 : 1QR = RM 28.326 M , 2QR = RM 32.312 M , 3QR = RM 35.862 M , 4QR = RM 34.503 M plus Dividend RM 27.386 M 



2023 : RM 131 million , Dividend RM 27.385 million 




Total Share of Profit = RM 431.703 Million 



Total Dividend = RM 97.386 Million 



Total = RM 529.089 Million 



> Share of Profit in QR ended March 2024 = 
RM 32.384 million 



>> G. Total = RM 561.463 million



👉 Share of Profit in QR ended June 2024 = RM 21.331 million


Dividend = RM 14.207 million

Posted by Johnchew5 > 1 month ago |

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Posted by calvintaneng > 1 month ago | Report Abuse

SSLee is correct

This Tikus only know how to bluff here bull there con newbies and innocent who know nothing about accounting tricks

This Mikecyc aka Johnchewinngum full of trickery & bluffoology

Posted by Johnchew5 > 1 month ago |

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Posted by Johnchew5 > 1 month ago |

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Posted by Sslee > 1 month ago | Report Abuse

Aiyoyo,
Mike-tikus tak malu caught main tipu the negitive Net Cash generated from/(used in) Operating activities RM(25,718,000) into postive Net cash generated used in Operating activities: 25,718,000

Johnchew5 Hoho repost partially of ssleee post :
So Mike-tikus caught cheating with his pant down of falsified
3.) Net cash generated used in Operating activities: 25,718,000

👉Hoho TinKosongLee is proven again a TinKosong , can’t even read n understand financial results..is FA Guru or a TinKosongLee boyy .🤣

He play ignorant not knowing the PP money was used for what
Proceeds from issuance of share capital RM 29,845,000 (PP money) was used for working capital, loan repayment and Share issuance expenses (1,092,000)
Is Mike-tikus a pariah conman bend on cheating people?

Johnchew5 Hoho TinKosongLee boyy why Loans n Borrowings can be decreased by RM 17,747,000 as shown above post .
28/08/2024 9:28 PM

Posted by Johnchew5 > 1 month ago |

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Posted by Sslee > 1 month ago | Report Abuse

Balance sheet
Current bank borrowings RM 59,894,000

So next 12 months where to get the money to repay current bank borrowings RM 59,894,000?

Posted by Balian de Ibelin > 1 month ago | Report Abuse

I stopped reading MikeCheatYouCrazy rubbish years ago.
Most of the time its avoidable coz its a long post. So when I scroll, it just goes past as blur blur

Just recently though I saw his short posts just jumps out at me.
Purposely calculate YTLPower gearing ratio wrongly. Purposely state Nvidia market share of graphics market as 90% when actual from SEC filings is 50:50 with AMD

Posted by Johnchew5 > 1 month ago |

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Posted by Sslee > 1 month ago | Report Abuse

Did the pariah conman Mike-tikus know Share of Profit in Joint Venture RM 53,715,000 need to be duducted in Net Cash generated from/(used in) Operating activities?

That is why Net cash generated used in Operating activities is negative RM (25,718,000) but this pariah conman Mike-tikus die die also must twist and turn it into postive:
3.) Net cash generated used in Operating activities: 25,718,000

The tak malu Mike-tikus now still act as FA guru and so thick skin to ask
why Jaks able to pay :
Selling n Distribution expenses & Other operating, administrative expenses = RM 17,492,000 ?

Didn't he know the PP money was used for the intend purpose of repayment of loan and for working capital
Proceeds from issuance of share capital RM 29,845,000.

So without the PP cash inflow of RM 29,845,000 can Jaks pay for Selling n Distribution expenses & Other operating, administrative expenses = RM 17,492,000 ?

Ann. Date
Date
Type
Units
Price
21-Jun-2024 24-Jun-2024 Private Placement 56,285,000 0.145
14-May-2024 15-May-2024 Private Placement 180,700,000 0.120

Posted by Johnchew5 > 1 month ago |

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Posted by Sslee > 1 month ago | Report Abuse

Aiyoyo,
Pariah conman Mike-tikus still wants to twist and turn Net Cash generated from/(used in) Operating activities negative RM (25,718,000) into postive 25,718,000

3.) Net cash generated used in Operating activities: 25,718,000

This is daylight fraud with intention to cheat newbie to chase high so that he can unload his jaks holding

Posted by musangfoxking > 1 month ago | Report Abuse

Newbies should be aware!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Posted by Johnchew5 > 1 month ago |

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Posted by Johnchew5 > 1 month ago |

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Posted by Sslee > 1 month ago | Report Abuse

The questions is the MOU signed by jaks for LSS5 worth just a toilet paper since jaks currently do not have money even for working capital?

Posted by Johnchew5 > 1 month ago |

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Posted by ks55 > 1 month ago | Report Abuse

Jaks? You must ask DK.
Very sad. DK no more around. Don't know where is he now.

Posted by Johnchew5 > 1 month ago |

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Posted by berbolabiru > 1 month ago | Report Abuse

i agree la

without working capital what to work?

Posted by Johnchew5 > 1 month ago |

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Posted by Johnchew5 > 1 month ago | Report Abuse

Jaks 



1.) Vietnam Power Plant Share of Profit n Dividends : 




2020 : RM 3.8 million ( 1 Power Plant is COD on Nov 2020 ) 




2021 : RM 140.7 million ( The 2nd Power Plant is COD on January 2021 ) . 




2022 : RM 156.2 million , Dividend RM 70.0 million 




2023 : 1QR = RM 28.326 M , 2QR = RM 32.312 M , 3QR = RM 35.862 M , 4QR = RM 34.503 M plus Dividend RM 27.386 M 



2023 : RM 131 million , Dividend RM 27.385 million 




Total Share of Profit = RM 431.703 Million 



Total Dividend = RM 97.386 Million 



Total = RM 529.089 Million 



> Share of Profit in QR ended March 2024 = 
RM 32.384 million 



>> G. Total = RM 561.463 million



👉 Share of Profit in QR ended June 2024 = RM 21.331 million


Dividend = RM 14.207 million

Posted by Sslee > 1 month ago | Report Abuse

LSS4: Revenue contribution of RM4.8 million was recognised and a profit before tax of RM0.4 million achieved from this division for the second quarter of 2024.

Jaks spend over RM 200 million for LSS4 50MV solar power and q2 revenue only RM 4.8 million and PBT RM 0.4 million.
Is that money well spent?

Posted by Johnchew5 > 1 month ago | Report Abuse

LSS4 50MW in Penang , COD on 21 August 2023 , with TNB PPA 25 years ( increased from 21 years) :

1.) QR ended September 2023 :

Revenue : 3.3 Million , Loss ( RM 1.4 Million)


2.) QR ended December 2023 :

Revenue: 4.3 Million , Loss ( 0.4 Million )


3.) QR ended March 2024 :

👉Revenue: 5.3 Million , Profit RM 0.96 Million … 18%


4.) QR ended June 2024 :

Revenue : 4.8 million, Profit RM 0.4 million.. 8.33 %


Note : Loss is due to Depreciation.

Posted by Johnchew5 > 1 month ago | Report Abuse

DeoGlov
The dividend remittance used to be once a year especially end of the year. So currently it has been 2 quarter consistently.

Posted by calvintaneng > 1 month ago | Report Abuse

Jaks is a highly geared & indebted Company
Where got dividend?
ASKING FOR HELP MAYBE

JAKS LATEST RESULTS: A LOOK INTO ITS BALANCE SHEET, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-30-story-h-153153260-JAKS_LATEST_RESULTS_A_LOOK_INTO_ITS_BALANCE_SHEET_Calvin_Tan