Posted by Huangbk72 > 1 week ago | Report Abuse

LOL.. this Miketikus so funny.

Post so much gibberish on Jaks 🤣

What is Jaks cash flow position for the last 3 years?

Jaks Vietnam power venture earning not as planned
Jaks LSS4 earnings also not as planned

Even have to PP to pay bank debts and working capital

Now tender new project, ask again for PP

Is this a good sign? Maybe to Miketikus as he is caught at 19c for 18 months 😂

Posted by Shareview123 > 1 week ago | Report Abuse

Those who missed last 2 rounds
from 0.125/0.13 to 0.205 and 0.13 to 0.185, now is another chance for you to buy at 0.13/0.14 and resell at 0.18/0.185 to 0.195/0.205,
30% - 40 %, a Good returns compare to fixed Deposit rates

Posted by Shareview123 > 1 week ago | Report Abuse

If you buy 0.13/ 0.135 this round, just hold until jaks hit your target price of 0.18/0.18, or
0.20/0.205, any day from now.

If drop to 0.12 / 0.125, just double average down

Let say you buy jaks

100,000 shares x 0.13/0.135

if drop to 0.12/0.125

just double average down to buy

200,000 shares x 0.125/0.13

then Wait for your Good returns within 1 - 6 months

Very much better compared to fixed Deposit rates


I noticed some commented Jaks Will drop to
0.10

0.05

0.01

Or 0.005


Number of shares issued for Jaks = 2,606 Millions


If jaks drop to 0.01


Total market capital = 2.606 billions x 0.01

= RM 26.06 Millions


So, 51 % x RM 26.06 Millions

=. RM 13.29 Millions


So , anyone With RM 13.29 Millions can just buy and become main shares holder

and appoint him self as CEO cum chairman also and get salaries and other benefits of
RM 10 Millions ++

One year can recover back your investment


Good deals

Posted by jjohnchew > 1 week ago | Report Abuse

TDM, JAKS Solar Power bangun ladang solar RM800 juta di Terengganu
BeritaHarianThu, Jul 25, 2024 10:08pm - 4 weeks


KUALA TERENGGANU: TDM-YT Plantation Sdn Bhd menandatangani perjanjian persefahaman (MoU) dengan JAKS Solar Power Holdings Sdn Bhd untuk membangunkan ladang solar berskala besar di Lembah Bidong, Setiu.
TDM-YT Plantation merupakan cabang perladangan TDM Bhd, syarikat milik kerajaan negeri Terengganu.
Pengerusi Ahli Lembaga Pengarah TDM-YT Plantation, Burhanuddin Hilmi Mohamed @ Harun, berkata pembangunan ladang solar seluas 700 hektar berkapasiti 200 megawatt (MW) itu membabitkan pelaburan bernilai RM800 juta.

"Kerjasama itu adalah sebahagian daripada usaha kerajaan negeri untuk mengurangkan kebergantungan terhadap bahan api fosil serta menggalakkan penggunaan sumber tenaga yang lebih bersih dan mampan," katanya dalam satu kenyataan hari ini.
Menurutnya, TDM-YT Plantation dijangka memeterai perjanjian pajakan bersama Konsortium JAKS, gabungan kerjasama antara JAKS Solar Power Holdings dan China Power Engineering Conaulting Group International Engineering Co. Ltd, yang bakal menawarkan potensi keuntungan sebanyak RM1 juta setahun kepada syarikat tersebut.

"Kami berharap kerjasama antara kedua-dua pihak ini akan membawa kejayaan besar serta impak positif kepada peningkatan sosio ekonomi negeri Terengganu," katanya.

Sementara itu, Pengarah Eksekutif JAKS Resources Bhd, Datuk Razali Merican Naina Merican, berkata kerjasama itu perlu bagi memudahkan tawaran bidaan JAKS Solar Power Holdings sebagai pemajak yang akan dikemukakan kepada Suruhanjaya Tenaga.
Beliau berkata, Konsortium JAKS berpotensi meningkatkan kapasiti tenaga boleh baharu di Terengganu, sekali gus memberi pelbagai manfaat kepada masyarakat setempat.

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho so far any LSS5 2000 MW EPCC RM 7.2 billion Bidder had planned the Land ??? Only Jaks as far as I had study .

1730 acres land in Terengganu for 200 MW to 500 MW Solar Farm depending on Solar Panel efficiency: 12 % or 18 % .1

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho need to lease more Solar Farm Land ke for more Solar Farm Projects ke :


FY2023 Annual Report:


TDM Plantation Sdn Bhd (TDMP), a wholly-owned subsidiary of TDM, involves in the development
and management of 13 palm oil estates strategically located in Terengganu. Spanning a substantial
landbank of 41,092 hectares (ha), these estates feature a cultivated area of 28,531 ha.

Posted by jjohnchew > 1 week ago | Report Abuse

JAKS Resources looking to build solar PV plants in Merang, Terengganu
By Faiqah Kamaruddin
July 25, 2024 @ 7:44pm


KUALA LUMPUR: Construction and power utilities firm JAKS Resources Bhd today signed a memorandum of understanding with TDM Bhd to explore the use of TDM-owned land in Merang, Terengganu to develop a solar photovoltaic (PV) plant there.

An MoU was signed between JAKS Resources subsidiary JAKS Solar Power Holdings Sdn Bhd  and TDM's TDM-YT Plantation Sdn Bhd  for the proposed lease of lands in Merang, Terengganu for the development of solar PV plant under the Energy Commission's fifth Large Scale Solar programme (LSS5).


JAKS Resurces chief executive director Andy Ang Lam Poah said the agreement enables it to secure a lease land agreement, which is essential for the Energy Commission's fifth Large Scale Solar (LSS5) programme.


👉👉👉On July 12, JAKS Resources said it partnered with Shanghai-based China Power Engineering Consulting Group International Engineering Co Ltd (CPECC) to bid for the development of solar PV plants with a maximum aggregate capacity of 500 megawatt of alternating current.


"Our partnership with CPECC has the potential to increase renewable energy capacity in the state of Terengganu and brings benefits to the local community.Leveraging our robust capabilities and strong track record in renewable energy projects, we are confident in the success of this initiative," he said.

Posted by Shareview123 > 1 week ago | Report Abuse

If you have RM 135,000

and you buy 1,000,000 shares x 0.13 = RM 130,000


and you sell your Jaks 1,000,000 shares as below :


200, 000 shares x 0.195


200,000 shares x 0.235


200, 000 shares x 0.265


200,000 shares x 0.295


200,000 shares x 0.335


So, your Total average selling price for

1,000,000 shares x 0.265


Profits = 100 %+ /-


Investment RM 130,000

profits for 3 months - 2 years
Can be considered a very Good returns


Examples like JCY from 30 sens ++ to 90 sens ++


Notion from 0.50 ++ to 2.00 ++


Just Less Than a year

Posted by qqq47660 > 1 week ago | Report Abuse

https://www.youtube.com/watch?v=aQZVc0gxDAc

Posted by Shareview123 > 1 week ago | Report Abuse

There were many counters Without fundamental at all and worth few sens or slightly more than 10 sens but were pushed up few hundred % or 10 - 20 times higher just within few months and slowly redistrubuted to retailers.


DATAPREP
from 0.16 to 4.00 ++ , Feb 2021 to APRIL 2021

EURO.
from Less Than 20 sens during 2015 to 2020, later was pushed to 6.00 ++ in year 2021
Now hovering around 0.05

RAPID,
from 5.0 to above 30 ++

PERTAMA ( Formerly known as JOHN MASTER later changed name to Sinotop)
from around 30 sens to above 3.00

CFM
From 30 sens ++ to around 3.0


HONGSENG
from Less Than 20 sens to above 2.0

And many other counters, had their fundamental became very much better or 10 - 20 times better than they were before??



YTL
2015, around 1.60 ++
Dropped to around 0.50 in 2022, why rockected up to 3.90 ++ in 2024 then big dropped
to 1.70 ++


YTLPOWER
2015, around 1.70, dropped to around 60 sens in 2022 and pickep up during 2023 and hit above 5.20 in 2024, then big Correction and dropped to around 2.90.

Posted by JediMaster1 > 1 week ago | Report Abuse

Hello Shareview

The formula that you mentioned is 100% wouldn’t happen to trash stock Jaks this stock will continue retreat once next qr report huge impairment lost !!!

Posted by JediMaster1 > 1 week ago | Report Abuse

The end games of this stock is drop to half cents and consolidate 30 to 1 and drop again and again !!!

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho copied from Yinson:


Posted by jjohnchew > 11 minutes ago | Report Abuse

Hoho KonLee as mentioned in Netx on 2020 …. Bad intentions shl bring Bad karma le …. Good intentions shl bring Good karma le … oredi is proven in Netx .

What a coincidence le .. IFRS …

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho from Yinson:


Posted by jjohnchew > 5 minutes ago | Report Abuse

But not the Pretender KonLe n

JeDie : Alibaba n others id as Promoter in Lambo since 2020 , is delisted on October 2024 … Scenery as Negative commentator in Netx on 2nd Half 2020 .

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho Jaks is in Right direction le .. Solar RE gameplay’s is changing le …just read this article:

This is announced on November 2024 le :

LBS Bina signs MOU for 10GW green hydrogen plant in Sabah …

whose framework entails the development and construction of a green hydrogen production facility powered by solar and wind energy, as well as a future green industrial park on a potential site in Kota Marudu, Sabah, ranging from 15,000 to 30,000 acres.


15 Nov 2024, 12:49 pm

Posted by MrFox > 1 week ago | Report Abuse

hoho..stop jjohnchewing jaks ! buy YTL n YTLP now!!!
whispering words of wisdom!!

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho copied from Jtiasa:

Posted by jjohnchew > 2 days ago | Report Abuse

Hoho no worries la … as posted in YTLpower.. price shl not be up above RM 4.60 again …

Posted by MrFox > 1 week ago | Report Abuse

hoho, jjohnchewing jaks 0.32, now 0.13

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho YTLpower QR September 2024 with Profit RM 470.6 million… before the Price n Profit is Gap Up from :

QR March 2023 : Profit RM 519.6 million

QR June 2023 : Profit RM 1.1 Billion.

Posted by Huangbk72 > 1 week ago | Report Abuse

LOL.. If YTLP break 4.60, Miketikus retire from stock gibberisim? 🤣🤣

Posted by jjohnchew > 2 days ago | Report Abuse

Hoho no worries la … as posted in YTLpower.. price shl not be up above RM 4.60 again …

Posted by MrFox > 1 week ago | Report Abuse

Hoho no worries la … as posted in YTLpower.. price shl not be up above RM 4.60 again …


worri for what when u have no ytlp!!
Maybe u worri about jaks to 0.10?

haha

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho TinKosong KonHuangbk blowing PMCORP with TP RM 2.00 , see its Value since November 2013 wow … must be loss naked liaw .. hibernated more than 7 years in cave since 2014 …

Holding Long Term wow >>> 2014 to 2024 is 10 years liaw …today Price is RM 0.15 …. PMCorp Sold Assets to acquired 100 % A&W ..Latest 4 consecutive QR are in Loss ! 😱🤣..

And keep lying and twisting her PMCorp cost is RM 0.245

Ppl in PMCorp asked him is a F or M , he just bla bla bla want to share love wow ..🤣🤣🤣🤔

>>>

👉Posted by Huangbk72 > 2013-11-21 11:51 | Report Abuse

To mikekong55 


I have been a follower of your stock recommendations. 


You have been fairly accurate in your assessment of PMCorp movement.

👉 I am also in PMCorp as I believe in buying and holding long term. Been accumulating from .27 till .36 till .26 and today .28. Being involved in FMCG business, I understand and see the value in PMCORP.


>>>>
After k awaken by Kon BobAxelrod on 2021 .. both as Pretending Negative Commentators in Serba … 



Her partner Kon BobAxelrod said will not recommend best stocks wow but used many aka id to promote.. 

👉 Kon Bobaxelrod

1.) Use many aka id to promote stock : Trevor777 , Trevor888 , Dr Michael


2.) Used id image to Axe Capital CEO Billionaire BobbyAxelrod and New Boss Michael .


👉 TinKosong AuntieKonHuangbk72 Twisted saying I am the One whom said will Not Promote stocks . 

Her Partner KonBobAxelrod is Missing in Action liaw …

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho Why TinKosongKonHuang still blowing here n there without facts n figures!!! 🤣🤣🤣


—-

Posted by Huangbk72 > 17 minutes ago | Report Abuse

LOL.. If YTLP break 4.60, Miketikus retire from stock gibberisim? 🤣🤣

Posted by jjohnchew > 2 days ago | Report Abuse

Hoho no worries la … as posted in YTLpower.. price shl not be up above RM 4.60 again …

Posted by Huangbk72 > 1 week ago | Report Abuse

Aiyo.. Miketikus will retire from i3 if YTLP breaks 4.60?

Miketikus forgot about all my facts about Jaks and only remember his own gibberish and mistakes about Jaks 🤣🤣

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho some Jaks positive signs observations:

A.) Raising Funds for coming projects n future growth.

1.) monetise the Penang land for RM 77.74 million on 9/9/2024 , net book value as at December 2023 is RM 15.97 million with a net pro forma gain of RM50.38 million.

2.) JAKS Resources Berhad Proposed medium term notes ("MTN") programme of up to Ringgit Malaysia Two Hundred and Fifty Million (RM250,000,000.00) in nominal value ("MTN Programme")
2024-12-06 .


B.) Vietnam JV Power Plant 1200 MW EPCC RM 8.7 billion is started payout Dividend on June 2024 , ie from yearly to half yearly !

Posted by JediMaster1 > 1 week ago | Report Abuse

The person claimed have 13 id in i3 and 4 is suspended !

Genovese ( suspended )

Mikecyc ( Suspended )

Johnchew5 ( Suspended )

Limpek1510 ( Suspended )

jjohnchew ( still active posting trash comment )


Genovese

Anakin Skywalker I got 13 IDs waiting got you to flag red. 😆

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho mine is Hoho n Haha id … even Johnchew123 is Not my id ….

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho JeDie id :

1.) Lambo is delisted on October 2024 : use Alibaba/ YongKimFool / JeDi1985 as Promoter …

2.) Netx : used Scenery as Negative commentator…..

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho so yr Master KonSsleee going to be retired from i3 ke as he blowing SCIP Target Price RM 1.00 by early 2025 .. just another 1 month to Go le …

So you also TinKosongKonHuangbk blowing PMCORP with Target Price RM 2.00 … oredi more than 10 years liaw .. today price is RM 0.15 … should be retired liaw …🤣🤣🤣


—-

Posted by Huangbk72 > 27 minutes ago | Report Abuse

Aiyo.. Miketikus will retire from i3 if YTLP breaks 4.60?

Miketikus forgot about all my facts about Jaks and only remember his own gibberish and mistakes about Jaks 🤣🤣

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho another Positive sign observation on Jaks WC , year 2025 is the Year to harvest:

Jaks CEO holding WC 81,737,647 unit

Represents 15.55 % of Total issued WC !

Maturity : 18/11/2025

EX Price : RM 0.49

Posted by JediMaster1 > 1 week ago | Report Abuse

You are miketitus loh why scared ppl recognize you 😆

Posted by Sslee > 1 week ago | Report Abuse

Haha Jaks-WC come 18/11/2025 expired as toilet paper.

Tenaga Nasional Berhad ("TNB") through its wholly owned subsidiary, TNB Renewables Sdn. Bhd. ("TRe") wishes to announce that it has received Letter of Notification as a Shortlisted Bidder from the Energy Commission ("EC") dated 23 December 2024 for TRe to develop a 500MWa.c. Large Scale Solar Photovoltaic Plant at Kuala Muda, Kedah subsequent to the fifth large scale solar bidding round ("LSS5"), a competitive bid process conducted by the EC.

This Project aligns with our renewable energy growth objectives and supports our energy transition initiatives towards achieving Net Zero by 2050. The Project is expected to be earnings accretive to TNB upon the commissioning of the Project. This Project will not have any material effect on TNB’s consolidated net assets per share prior to commissioning. The Project will be financed through a combination of debt and equity. It is not expected to have a material effect on TNB’s gearing position. The transaction will not have any effect on the share capital of TNB.

The Letter of Notification requires TRe to fulfil certain customary requirements which are intended to be fulfilled in due course.

This announcement is dated 26 December 2024

Posted by Huangbk72 > 1 week ago | Report Abuse

Miketikus.. You have been harping on Jaks getting LSS5 bid. Buy land la, bla bla bla

Can you find Jaks name in this article? 😂

https://theedgemalaysia.com/node/739065

U wrong again? 😉

Or hopefully Jaks get scraps from Package 1 and 2?

Posted by Sslee > 1 week ago | Report Abuse

Packages one and two are reserved for companies with at least 51% Bumiputera equity. Is jaks with 51% Bumiputera equity?

Solar plant do not involve high Tech and should be reserved for Malaysia Company only.

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho copied n pasted partially:

👉 Surprisingly Solarvest and Gading Kencana not in the Winners list also . These companies being awarded CGPP projects also same like Jaks .

TNB among LSS5 winners, bags 500MW solar farm project in Kedah

26 Dec 2024, 06:27 pm

KUALA LUMPUR (Dec 26): 👉 Tenaga Nasional Bhd (TNB) said on Thursday that its unit has been shortlisted by the Energy Commission (EC) to develop a 500-megawatt (MWac) large-scale solar photovoltaic (PV) plant in Kuala Muda, Kedah.


It is understood that TNB's 500MW was dished out under package three.
According to sources, other notable firms shortlisted under package three include Samaiden Group Bhd with a 99MWac project in Kelantan; Gentari Sdn Bhd, a wholly-owned renewable energy subsidiary of Petroliam Nasional Bhd (Petronas), with a 100MWac project in Kedah; Ditrolic Energy Holdings Sdn Bhd, with a 100MWac project in Perak; and property developer Parkland Group’s majority-owned Parkland Renewable Energy Sdn Bhd’s 99.99MWac project in Johor.

As for package four, shortlisted outfits were rumored to include Aizo Group Bhd's ) 63%-owned Wawasan Demi Sdn Bhd with a 99.99MWac project in Perak; Gadang Holdings Bhd's 70%-owned Nusantara Suriamas Sdn Bhd, with 99.99MWac project in Selangor; Conextone Energy Sdn Bhd's 90MWac farm in Melaka; and a venture linked to Edra Power Holdings Sdn Bhd and Selangor state-linked Worldwide Holdings Bhd, with a 300MWac project in Selangor.

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho Jaks still having CGPP 30MW which is scheduled to be COD by end 2025 .


MIDF Research :

Sector Thematic | Tuesday, April 2, 2024
POWER UTILITIES Maintain NEUTRAL

LSS5 Takes Off

👉Risk of excessive competition. One of the key pain points in prior LSS programs was the excessive competition to supply
energy to a single buyer which has driven down returns to single-digit levels.

The CGPP (Corporate Green Power Program) model in our opinion is a more liberalized model allowing players to seek their own offtaker, thereby allowing better price discovery in the market. Having said that, we also take note of the fact that the CGPP are essentially exclusive arrangements between solar power producers and their offtaker that requires a fair allocation of grid upgrade costs (to accommodate morinjection of intermittent RE sources to the grid), which is currently absent. Once such fair cost allocations and third-party
access to the grid (TPA) are established, we believe a more liberalised model for large scale RE could be expected.

Posted by jjohnchew > 1 week ago | Report Abuse

21 OCT, 2024
Record-low prices expected for LSS5 as solar panels at their cheapest now
The Edge, Malaysia

BY A N D I N T A N A D A M F A R H A N A Z A I N U L
A Z I Z
programme, of which the winners
The fifth round of the large-scale solar
will be announced as early as No-
vember, received the lowest bidding
prices ever under the competitive
bidding programme that was first started
in 2016, sources say. The tender for LSS5
opened in April this year and closed in July.
This may not be surprising as the bidding
prices for each iteration of the LSS programme have been trending downwards over the years.

For the first LSS, the lowest bid submitted
in 2016 was 39 sen per kWh; for LSS2,in 2017, the lowest bid was 34 sen per kWh; and for LSS3, which was in 2019, it was 17 sen per kwH. For LSS4, the Energy Commission's (EC) annual report stated that the lowest
bid was 13.99 sen per kWh.

But, given what happened with LSS4,
news that LSS5 has received even lower
bids may raise some eyebrows.

W h e n the winners for LSS4 were an-
nounced in March 2021 — with the lowest
winning bid being 17.68 sen per kWh —
some industry observers had estimated that solar panel prices could drop further, to as low as 12 US cents (51.65 sen) per watt from around 20 US cents per watt during the bidding pe-riod. Some players put their bids in for LSS4 in anticipation of a further decline in solar panel prices, says the CEO of a solar developer.

However, what happened was an unex-
pected surge in panel prices due to supply
chain issues post-Covid, which led to some
solar developers being unable to complete
their projects within the stipulated time.

This led to the 30 winning bidders seeking
extra time to complete their LSS4 projects,
which the government granted by pushing
the commercial operation date for all LSS4
plants to Dec 31,2023 — the original COD
varies from mid-2023 to end-2023.The solar players were also given a four-year extension to their 21-year power purchase agreements withTenaga Nasional Bhd,the off-taker.

Now, the price of solar panels has dropped
again. "Solar panel prices have gone down
to eight US cents per watt, so if you work
it backwards, LSS5's bids would definitely
be lower than LSS4's bids," a person with
knowledge of the matter tells The Edge.

It is understood that the lowest bids
this round could be between 13 sen per
kWh and 16 sen per kWh.

"Over the last 10 years, the cost of solar
panels has been on a declining trend. But,
in 2022, the price of solar panels rebounded
due to supply chain issues and increasing
demand, especially from China," Samaiden
Group Bhd group managing director Datuk
Chow Pui Hee tells The Edge.

That rebound has now been reversed
due to oversupply and slower demand,es-
pecially from the US and Europe, she says.
"If the government announces the [win-
ners of the] LSS5 projects soon, it will be a
boon for the industry as players can take
advantage of the low solar panel price and a stronger ringgit against the US dollar. In the last LSS round, the winners were announced six months after the bidding process.There was a gap that saw the surge in demand for solar panels,which pushed up prices during that time," Chow explains.

The surge in panel prices at that time
affected financial modeling of solar projects,
making it difficult for companies to get a
financial close from the banks.

"Players must be careful in handling
price fluctuations that could impact cost
projection in a big way.A two-US-cent in-
crease from current levels results in a 20%
price increase [in their costs]," warns Ma-
laysian Photovoltaic Industry Association
(MPIA) president Davis Chong.

Having said that, Chong reckons that
the industry has learnt its lesson under
LSS4, which experienced the sudden spike
in solar panel prices.

Posted by Sslee > 1 week ago | Report Abuse

Jaks 50MW LSS4
>QR ended Dec 2023 :
👉Revenue: 4.3 Million , Loss before tax RM 0.30 Million … -6.98 %

>QR ended March 2024 :
👉Revenue: 5.3 Million , Profit before tax RM 0.96 Million … 18.11 %

>QR ended June 2024 :
👉 Revenue : 4.8 million, Profit before RM 0.4 million.. 8.33 %

>QR ended September 2024 :
👉 Revenue : 4.7 million, Profit before tax RM 0.3 million.. 6.38 %

So Jaks 50MW LSS4 can't even earned enough to pay the bank borrowing of over RM 200 million.
Coming quarter ended Dec 2024 will be loss making due to too many raining days?

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho u r referring to yr Insas WC bought at ard RM 0.25 ke …Current Price is RM 0.145 … EX price RM 0.90 …. Insas current price RM 0.915 …

KonLee To be or Not To be EX … Shl become Toilet Paper le !🤣

Jaks Insiders oredi Loss in RI issued in WB only since 2018 …. and RI with WC since 2020!…

Do you think Jaks insiders don’t want to harvest ke by 2025 !

BTW I do not hold any Jaks WC .

—-

Posted by Sslee > 11 hours ago | Report Abuse
Haha Jaks-WC come 18/11/2025 expired as toilet paper.

Posted by jjohnchew > 1 week ago | Report Abuse

B) Please explain why the revenue
generated by the 50MW solar
photovoltaic plant in FY2023 was
insufficient to cover depreciation
charges and interest expenses.
Did the revenue generated in
FY2023 meet the Board's
expectations?

B) The financial performance for our 50MW solar PV
asset in FY2023 is within expectations due to the
following:-
➢ The LSS4 plant achieved commercial
operations date in August 2023, thus
operating for about four months in
FY2023. This was during the monsoon
season whereby heavy rains affected the
power generation. However, it incurred 6 –
7 months of depreciation and finance costs
which included 2 months of testing and
commissioning period, per required by the
accounting standards. This combination of
events resulted in a loss for FY2023.
Notwithstanding this, we envisage that the
plant will contribute positively to the Group moving forward.

—-

Posted by Sslee > 1 hour ago | Report Abuse

Jaks 50MW LSS4
>QR ended Dec 2023 :
👉Revenue: 4.3 Million , Loss before tax RM 0.30 Million … -6.98 %

>QR ended March 2024 :
👉Revenue: 5.3 Million , Profit before tax RM 0.96 Million … 18.11 %

>QR ended June 2024 :
👉 Revenue : 4.8 million, Profit before RM 0.4 million.. 8.33 %

>QR ended September 2024 :
👉 Revenue : 4.7 million, Profit before tax RM 0.3 million.. 6.38 %

So Jaks 50MW LSS4 can't even earned enough to pay the bank borrowing of over RM 200 million.
Coming quarter ended Dec 2024 will be loss making due to too many raining days?

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho no worries… FY2024 oredi 3 Quarterly Reports with total Net Profit RM 43.4 million .

If can sustain as FY2021 n FY2022 Net Profit over RM 51 million..( Note : Vietnam JV Power Plant is fully COD on January 2021 ) .

>>> FY2024 EPS shl be 1.96 sen with PE Sector Median 21.5 … Forward Price shl be RM 0.42 ( current NTA RM 0.60 )

👉 Question : Jaks FY2023 Net Profit is RM 15.5 million… FY2024 Net Profit can be RM 51 million ( Total 3 QR = RM 43.4 million) ??? >

Position sign observations:

1.) 6 years Legal Battle against Star on RM 1.1 billion Pacific Star Towers project is settled out of court on November 2024 .

FY2023 Annual Report:

> Trade Receivables

Third Parties RM 147.6 million

Retention Sum RM 134.4 million

>> the Retention Sum is for the RM 1.1 billion Pacific Star Towers Project .


2.) As of 31 May 2024, the outstanding order book amounts to RM68.8 million, last until end 2024 , encompassing six projects located in the Klang Valley, Sarawak, and Penang.

These projects primarily consist of water / sewerage infrastructure and road/building infrastructure, with the majority being public sector initiatives.



3.) the occupancy rate at Pacific Towers
Business Hub improved from 35% in FY2022 to 54% in FY2023, while Evolve Concept Mall saw an increase from 59% in FY2022 to 75% in FY2023.


4.) Current tender book exceeds RM4.0
billion, covering water and sewerage systems, flood mitigation projects in multiple states….
👉 as well as EPC roles for our renewable energy projects. ( Note : if LSS5 2000 MW EPCC tender bid is with Low / Single Digit IRR … better do EPC on construction of the Solar Plant/ Farm like Solarvest in LSS4 , EPCC and EPC from those Winners not in the Renewable Energy industry.

👉👉 Hoho no wander Solarvest , Sunview and Gading Kencana not in the LSS5 2000 MW Shortlisted list also . ( LSS4 823 MW ) .

Posted by Huangbk72 > 1 week ago | Report Abuse

LOL.. financially illiterate Miketikus doing gibberish again. 🤣

Just post last 3 years FCF will you? 😁

Just post last 3 years PP/RI 😁

Posted by jjohnchew > 1 week ago | Report Abuse

LSS4 50MW Solar Project in Penang is COD on August 2023 with 25 years TNB PPA ( increased from 21 years ).

1.) QR ended March 2024 :

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


2.) QR ended June 2024 :

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


3.) QR ended September 2024 :

👉 Revenue : 4.7 million, Profit RM 0.3 million.. 6.38 %


👉👉 Average Profit % for 9 months of 2024 is 10.94 %


👉👉 Average Profit % for Half year 2024 is 13.22 % … compared to Yinson Half year ( February to July 2024 ) FY2025 is 13.85 % ( RE in India )

Posted by Huangbk72 > 1 week ago | Report Abuse

LOL.. miketikus getting anxious that Jaks didn’t get LSS5 work? 🤣

Definitely karma punishment

Jaks is making so little profit from LSS4 to date. Yet Miketikus don’t know how to read financials

Hint: after deduct bank loans principal and interest. Go calculate 😉

Posted by Sslee > 1 week ago | Report Abuse

Last year Q4 the impairment loss on goodwill and receivables of RM23.5 million and RM32.9 million respectively.

This year luckily no more goodwill to impair but plenty of receivables to impair.

30/9/2024: 30/9/2023
RM'000: RM '000
Contract assets 88,513 : 102,030
Trade and Other Receivables 397,921 : 417,625
Amount due from Joint Venture 10,291 : 10,291

Posted by Sslee > 1 week ago | Report Abuse

He can't even understand why JHDP report so much profit but pay only pity dividend.
Depreciation 25 years but term loan 10 years.
So only come back and have a second look at jaks in year 2030.

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho Jaks Financial Reports is adhered to IFRS … where as Yinson is Not adhered to IFRS but said shl adhered to IFRS starting next FY .


>>> Yinson Total Assets :

Hoho interesting le … Q to Q is Reduced by RM 1,323 million !!! 😱😱😱

QR October 2024 : 30,075 million

QR July 2024. : 31,398 million

Posted by Sslee > 1 week ago | Report Abuse

By the way since when jaks current tender book exceeds RM4.0billion, covering water and sewerage systems, flood mitigation projects in multiple states….

Anyway the more job jaks carry out the more losses.

Posted by Sslee > 1 week ago | Report Abuse

Profit / (Loss) Before Tax
Segment
Current Year Quarter Ended 30/9/2024 RM’000
Preceding Year Quarter Ended 30/9/2023 RM’000
Changes %
Current Year To-date Ended 30/9/2024 RM’000
Preceding Year To-date Ended 30/9/2023 RM’000
Changes %
Construction (7,418) (7,791) 5 (29,203) (20,910) (40)

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho what a KonLee why need to prolong Loans n Borrowings payments if can afford to be paid in 10 years….

What will be the accumulation of interest amount in 25 years !😱

Investment certificate
* JHDP shall be entitled to 10% tax rate for the full term of the project.
* JHDP shall be exempted from corporate income tax for 4 years and 5% tax rate for another 9 years from 1st year with taxable income or 4th year whichever is earlier.

—-

Posted by Sslee > 33 seconds ago | Report Abuse

He can't even understand why JHDP report so much profit but pay only pity dividend.
Depreciation 25 years but term loan 10 years.
So only come back and have a second look at jaks in year 2030.

—-

Posted by Sslee > 33 seconds ago | Report Abuse

He can't even understand why JHDP report so much profit but pay only pity dividend.
Depreciation 25 years but term loan 10 years.
So only come back and have a second look at jaks in year 2030.