Posted by jjohnchew > 1 week ago | Report Abuse

Jaks : repayment on Vietnam Power Plant Loans

Hoho illustration on :

Vietnam JV Power Plant RM 8.7 billion: 25 % equity, 75% Loans .

Jaks 30 % , CPECC 70 %:

8.7 billion x 0.75 x 0.3 = 1.96 billion.

1.96 billion loans ( excluded interest) to be repaid in 10 years , starting 2021 :

Each year repaid loan amount = 0.196 billion

2021 to 2023 , 3 years = 0.588 billion

> 1.96 billion- 0.588 billion = 1.37 billion

>> Investment in Joint Venture as on June 2024 = 0.94 billion


👉Observation 1 : Non current asset of Investment in Joint Venture 0.94 billion as FCF Growth to be prepared for big projects and served as some kind of security ( on loans although CPECC did the financing ) as Vietnam Power Plant is with BOT 25 years contract.


👉👉Observation 2 : Vietnam associate company JHDP had been paying Dividend from yearly is changed to Half year ( other than Share of Profit by Quarterly) :

2022 : Dividend RM 70 million
2023 : Dividend RM 27.4 million
June 2024 : Dividend RM 14.2 million

Posted by Sslee > 1 week ago | Report Abuse

Yinson adjust its foreign USD assets into RM every quarter ended
Yinson Total Assets :
QR October 2024 : 30,075 million
QR July 2024. : 31,398 million

Only jaks did not adjust it foreign JV assets into RM. But no worry the external auditor will know what to do come FYE 2024 finacial audit result.

Posted by Huangbk72 > 1 week ago | Report Abuse

LOL.. Miketikus tipu again and caught red handed.

Jaks wanted to go solo in Vietnam but no money
Jaks approached TNB but rejected
Jaks finally accepted lousy terms from CPECC

Since when Jaks had any say ? No one wants to marry Jaks as wife, only accepted as China concubine 🤣

Posted by jjohnchew > 3 minutes 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 !😱

Posted by jjohnchew > 1 week ago | Report Abuse

B) Of the net impairment loss on
trade receivables and other
receivables totalling RM31.9
million in FY2023, how much was
attributable to the Construction
division? Please provide further
details on the projects involved
and the nature of the other
receivables that have been
impaired.

B) The impairment loss on trade receivables and other receivables recorded were mainly attributed
to the Construction Division, primarily due to local construction projects, including the Pacific Star PJ project.

The impairment computation is based on expected credit loss model in accordance to accounting standards after taking into consideration the
management's plan and action taken to recover the
trade receivables, other receivables and contract
assets at the date of the report. However, based on
the accounting standard, accounting policy (refer
to note 2(c) to the financial statements),
computation and objective evidence, the above
impairment is recognised to the current year P&L.
If subsequently the trade receivables, other
receivables and contract assets being recovered the impairment amount will be reversed.

—-

Posted by Sslee > 4 minutes 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

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。

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho Jaks followed IFRS , where as Yinson did not follow IFRS …


>>> This is so that Yinson’s investors can have a better understanding of how the accounts will look from a finance lease and operating lease perspective.

IFRS is still what Yinson is required to follow. Even though presenting the operating lease numbers is not in line with IFRS, it is something that Yinson will look at doing better to explain its numbers in the next financial year.

—-

Posted by Sslee > 24 minutes ago | Report Abuse

Yinson adjust its foreign USD assets into RM every quarter ended
Yinson Total Assets :
QR October 2024 : 30,075 million
QR July 2024. : 31,398 million

Only jaks did not adjust it foreign JV assets into RM. But no worry the external auditor will know what to do come FYE 2024 finacial audit result.

Posted by jjohnchew > 1 week ago | Report Abuse

马交所要求上市公司 采用IFRS永续披露标准
2024年12月23日


（吉隆坡23日讯）配合国家永续发展报告框架（NSRF）的推行，大马交易所修订了上市公司的永续报告框架要求，需采用IFRS永续披露标准。

一、展示公司过去三个财年的SROs绩效和进展的指标和目标，并以规定格式提供数据摘要；

https://www.enanyang.my/node/641911

Posted by jjohnchew > 1 week ago | Report Abuse

Posted by jjohnchew > 19 hours ago | Report Abuse

Hoho see posted earlier..Elimination here n there … due to Mati mati mau Operating Lease instead of Finance Lease …macam ini kepala pusing dan pening le … easily made mistakes le ….


Yinson :

QR ended July 2024 :

Segment information : RM million

> For the 6 months period ended July 2024 :

1.) Renewable : Gross Revenue 66 million- Elimination 1 million = 65 million

Results : + 9 million.


2.) Green Technology: Gross Revenue 26 million- Elimination 19 million = 7 million

Results: - 22 million


3.) Other Operations : Gross Revenue 459 million- Elimination 458 million = 1 million

Results: - 47 million


👉4.) FPSO Operations: Gross Revenue 2904 million- Elimination 1521 million = 1303 million

Results: + 810 million

Posted by jjohnchew > 1 week ago | Report Abuse

So KonLee what Yinson Financial Report shl be different starting next financial year ???

Hoho will it be like TDM case ? During MFRS standard on 2019 … TDM with new auditor on 2019 , rectified the Mis-location issues, FY2019 is in Huge Loss , rectified FY2018 from Profit to Loss …. FY2020 to FY2022 is incurred Losses..

Posted by Sslee > 1 week ago | Report Abuse

Aiyoyo someone still do not understand total receivables impairment for the last 5 years amounted to RM 167 million and reversal of impairment amounted to RM13.6 million make up total net impairment of RM 153.5 million is a clear sign of fraud, malpractice, impropriety and misconduct of insiders syphoning money to their related parties or own pocket.

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho backtrack for 3 years le … Yinson is chamloh ..

—

（吉隆坡23日讯）配合国家永续发展报告框架（NSRF）的推行，大马交易所修订了上市公司的永续报告框架要求，需采用IFRS永续披露标准。

一、展示公司过去三个财年的SROs绩效和进展的指标和目标，并以规定格式提供数据摘要；

Posted by Sslee > 1 week ago | Report Abuse

Typical Mike-tikus aka john-no ball punya blantant lie or misinformation only newbie will fall for it.


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

Posted by Sslee > 1 week ago | Report Abuse

The figures and facts about jaks:
Jaks has no money to tender nor carry out any projects.
Repost:
Cash and Cash Equivalents
Cash and cash equivalents included in the cash flow statements comprise the following balance sheet amounts.
Current Year Preceding Year
9 Months 9 Months
ended ended
30-Sep-2024 30-Sep-2023
RM'000 RM'000

Deposits placed with licensed banks 12,079 34,404
Cash & bank balances 23,818 36,808
Bank overdrafts (5,891) (5,963)
30,006 65,249
Less : Deposit held as security values (12,079) (34,404)
Bank balance held as security values (5,585) (214)
Debt service reserves account (8,364) (11,240)
3,978 19,391

Jaks only balance available cash as at 30-Sept 2024 RM 3,978,000

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho u meant Jtiasa ke , Just one FY24 :

👉👉👉 FY24 : Impairment of Total RM 151.2 million!😱🤔




—

Posted by Sslee > 4 minutes ago | Report Abuse

Aiyoyo someone still do not understand total receivables impairment for the last 5 years amounted to RM 167 million and reversal of impairment amounted to RM13.6 million make up total net impairment of RM 153.5 million is a clear sign of fraud, malpractice, impropriety and misconduct of insiders syphoning money to their related parties or own pocket.

Posted by jjohnchew > 1 week ago | Report Abuse

Jtiasa

Repost : Hoho this is worrying.. esp FY 2024 :


Total Assets is reduced:

2019 : RM 2406 million

2023 : RM 1955 million ( - 451 million )

2024 : RM 1979 million ( + 24 million )

👉👉Is reduced by RM 427 million from 2019 to 2024 , ie : over 5 years .


👉👉👉 FY24 : Impairment of Total RM 151.2 million!😱🤔


>>> New CEO is appointed on July 2021 internally from RH group !

Prior to his appointment as CEO, Dato’ Jin was the Chief Operations Officer of
Rimbunan Hijau Group based in Sibu Headquarter since 2019. 👉 He became the Chief Executive Officer of Rimbunan Sawit Berhad from July 2015 until the end of 2018.


Direct % : 0.013 as on 22/9/2024

Posted by jjohnchew > 1 week ago | Report Abuse

Jaks non current asset :

Investment in Joint Venture:

QR ended

> March 2016 = 128,297,000

> March 2019 = 197,171,000

> March 2020 = 362,479,000

> March 2021 = 601,150,000
( note : Profit from Construction of the Power Plant is ard RM 400 Million .. Final COD on January 2021 )

> March 2022 = 748,656,000

> March 2023 = 829,105,000

> September 2023 = 897,378,000

> December 2023 = 904,495,000

> March 2024 = 936,836,000

> June 2024 = 943 ,960,000

> September 2024 = 980,252,000

Posted by Sslee > 1 week ago | Report Abuse

Another typical Mike-tikus aka john-no ball punya blantant lie or misinformation about Jaya Tiasa
Repost
2024 RM’000
2023 RM’000
2022 RM’000
2021 RM’000
2020 RM’000
Equity Attributable to Equity Holders 1,472,781 1,379,011 1,270,930 1,140,200 1,109,847
Net Assets Per Share Attributable to Equity Holders (RM) 1.52 1.42 1.31 1.18 1.15

Only dumbass talk about total assets without the total liabilities.
Know what is net assets/Equity Attributable to Equity Holders?

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho Jtiasa chamloh … why Rsawit keep Disposed plantation assets on 2020 and 2023 ..

👉 He became the Chief Executive Officer of Rimbunan Sawit Berhad from July 2015 until the end of 2018.

Posted by jjohnchew > 1 week ago | Report Abuse

Jtiasa vs SwkPlnt , Kimloong n SuburTiasa Total Assets:

Total Assets Summary illustration:

Jtiasa : 👉👉Is Reduced by RM 427 million from FY 2019 to 2024 , ie : over 5 years .


SwkPlnt: 👉👉Is Increased by RM 101.3 million from FY 2018 to 2023 , ie : over 5 years .


Kimloong: 👉👉Is Increased by RM 274.1 million from FY 2019 to 2024 , ie : over 5 years .


SuburTiasa : 👉👉Is Increased by RM 31.9 million from FY 2019 to 2024 , ie : over 5 years . ( note : under same RH Group with Jtiasa)



>>>>>>

Jtiasa :

>>> Recap some hidden risks :


1.) Total Assets is reduced :

FY2019 : RM 2406 million

2023 : RM 1955 million ( - 451 million )

2024 : RM 1979 million ( + 24 million )

👉👉Is reduced by RM 427 million from FY 2019 to 2024 , ie : over 5 years .


2.) FY24 : Impairment of Total RM 151.2 million!😱🤔


👉👉👉QR September 2024 : RM 1969.6 million


3.) >>> New CEO is appointed on July 2021 internally from RH group !

Prior to his appointment as CEO, Dato’ Jin was the Chief Operations Officer of
Rimbunan Hijau Group based in Sibu Headquarter since 2019. 👉 He became the Chief Executive Officer of Rimbunan Sawit Berhad from July 2015 until the end of 2018.

Direct % : 0.013 as on 22/9/2024


4.) FY25 FFB output : Oct-Nov 2024 vs Oct-Nov 2023


2024 Nov : 88,953 ( less 22.17 % vs 2023 Nov )

2024 Oct : 110,504 ( less 16.63 % vs 2023 Oct )



>>> Compared to Sarawak Plantation :

FY2018 : RM 854.7 million ( Liabilities: RM 319 million)

2023 : RM 956 million ( Liabilities: RM 213.3 million)

👉👉Is Increased by RM 101.3 million from FY 2018 to 2023 , ie : over 5 years .


👉👉👉 QR March 2024 : RM 964.8 million ( Liabilities: RM 203 million) .



>>> Compared to Kimloong Plantation :

2019 July : RM 996.2 million ( Liabilities: RM 172.3 million)

2024 July : RM 1270.3 million ( Liabilities: RM 249.2 million)

👉👉Is Increased by RM 274.1 million from FY 2019 to 2024 , ie : over 5 years .



>>> Compared to SuburTiasa Plantation :

2019 October : RM 1454.4 million ( Liabilities: RM 894.9 million)

2024 September: RM 1486.3 million ( Liabilities: RM 841.6 million)

👉👉Is Increased by RM 31.9 million from FY 2019 to 2024 , ie : over 5 years .

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho KonLee is this meant Jtiasa masuk pocket ke ??? 🤣🤣🤣🤔

Posted by Sslee > 1 week ago | Report Abuse

Another typical Mike-tikus aka john-no ball slander or pluck figures from thin air and when challenge to prove his figures untill now still no ball to answer

👉👉👉 FY24 : Impairment of Total RM 151.2 million!😱🤔

Posted by Sslee > 1 week ago | Report Abuse

Mike-tikus aka john-no ball can you prove below figures about jaks tender book or this is another of your blantant lie or misinformation?


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

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho as usual KonLee used his Kon maths extraction raw data but did not read thru AGM minutes… his Kon maths extraction method is oredi 2 times Wrong …

—

Posted by Sslee > 2 minutes ago | Report Abuse

Mike-tikus aka john-no ball can you prove below figures about jaks tender book or this is another of your blantant lie or misinformation?


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

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho oh when KonLee started Promoting Jtiasa .. I asked him :

1.) What is Indonesia CPO export ban status?

2.) What is Indonesia biodiesel progress status ?

His reply is just want to make money !🤣🤣🤣🤔

Posted by Sslee > 1 week ago | Report Abuse

Aiyoyo Mike-tikus aka john-no ball cannot answer a simple question and had to turn to talk rubbish and slander instead.

Posted by MrFox > 1 week ago | Report Abuse

hoho...what happen to the balls?

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho why suddenly so childish like Serba Story Teller Buy what u Not Understand le …

What happened as u posted the banana tree cannot grow up oredi ..🤣🤔
—-

Posted by Sslee > 1 hour ago | Report Abuse

Aiyoyo Mike-tikus aka john-no ball cannot answer a simple question and had to turn to talk rubbish and slander instead.

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho ya lo what happened le to the Foxy ….🤣🤣🤣🤔

—

stockgal
fatfat | Joined since 2012-10-16

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho also what a Dumbasx jokker konLe le :

During my PA case study on 2021 .. KonLee asked why Labour expenses is increased during Production capacity expansion ? I had laughed at him ard 2 years, then he twisted to Capex ! What a TinKosong kongang leader !🤣🤣🤣

Posted by Sslee > 1 week ago | Report Abuse

Cave man talk about using labour to expand capacity LOL.
He never heard of increase capacity by automation and new mechinery.

As of what happen to his balls? You can challege him anything and he will back off

Posted by MrFox > Dec 27, 2024 10:26 AM | Report Abuse
hoho...what happen to the balls?

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho see Solarvest on LSS4 :

Solarvest bags RM154m worth of contracts under LSS4
10 Mar 2022,

KUALA LUMPUR (March 10): Clean energy specialist Solarvest Holdings Bhd has bagged three engineering, procurement, construction, and commissioning (EPCC) contracts worth a combined RM154.4 million to develop large-scale solar photovoltaic plants in Perak under the large-scale solar 4 (LSS4) scheme.

The three Perak-based projects will have an accumulated capacity of 40 megawatts (MW), said Solarvest.

In a bourse filing on Thursday (March 10), Solarvest said one of the projects was awarded by Teja 1 Sdn Bhd, with a capacity of 15MW and valued at RM54.4 million. It will be developed in Kampar and is expected to be commercially operational by Dec 14, 2022.

The second project, which will also be developed in Kampar, was awarded by Teja 2 Sdn Bhd, with a capacity of 10MW and valued at RM42.8 million, and is expected to be commercially operational by June 14, 2023.

The third project, awarded by Kellie Energy Sdn Bhd, will have a capacity of 15MW and is valued at RM57.2 million. It will be developed in Kinta and is expected to reach commercial operations by Dec 14.

All three projects were awarded by Taiping Solar Sdn Bhd via its special purpose vehicles — Teja 1, Teja 2 and Kellie Energy — to Solarvest’s wholly-owned subsidiary Atlantic Blue Sdn Bhd, the filing showed.

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho as usual a Kon is best in Pretending n Twisting shamelessly… just shown he is not understand Labour Expenses n Capex ! 🤣🤣🤣


Posted by jjohnchew > 19 minutes ago | Report Abuse

Hoho also what a Dumbasx jokker konLe le :

During my PA case study on 2021 .. KonLee asked why Labour expenses is increased during Production capacity expansion ? I had laughed at him ard 2 years, then he twisted to Capex ! What a TinKosong kongang leader !🤣🤣🤣

—-

Posted by Sslee > 11 minutes ago | Report Abuse

Cave man talk about using labour to expand capacity LOL.
He never heard of increase capacity by automation and new mechinery.

As of what happen to his balls? You can challege him anything and he will back off

Posted by MrFox > Dec 27, 2024 10:26 AM | Report Abuse
hoho...what happen to the balls?

Posted by Huangbk72 > 1 week ago | Report Abuse

Aiyoyo Miketikus. Fact check you and you fail again

Jaks has 4B tender order ? Figures plucked again from your hole? 🤣🤣

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

Posted by musangfoxking > 1 week ago | Report Abuse

hoho...jjohnchewing jaks until no balls!!1 meaning he cant wwss????

Posted by jjohnchew > 1 week ago | Report Abuse

Posted by jjohnchew > 6 hours ago | Report Abuse

Hoho as usual KonLee used his Kon maths extraction raw data but did not read thru AGM minutes… his Kon maths extraction method is oredi 2 times Wrong …

—

Posted by Sslee > 1 week ago | Report Abuse

Hoho Haha as usual when ask to prove his figures and facts Mike-tikus aka john-no ball will just shy away or twists and turns with more slanders and misinformations

Jaks
4.) Current tender book exceeds RM4.0
billion, covering water and sewerage systems, flood mitigation projects in multiple states….

Jayatiasa
👉👉👉 FY24 : Impairment of Total RM 151.2 million!😱🤔

Posted by Sslee > 1 week ago | Report Abuse

By Q4 out jaks price will break the 52 weeks low of 0.12

Posted by jjohnchew > 1 week ago | Report Abuse

Posted by jjohnchew > 2 hours ago | Report Abuse

Posted by jjohnchew > 6 hours ago | Report Abuse

Hoho as usual KonLee used his Kon maths extraction raw data but did not read thru AGM minutes… his Kon maths extraction method is oredi 2 times Wrong …

—-
Posted by Sslee > 1 hour ago | Report Abuse

Hoho Haha as usual when ask to prove his figures and facts Mike-tikus aka john-no ball will just shy away or twists and turns with more slanders and misinformations

Jaks
4.) Current tender book exceeds RM4.0
billion, covering water and sewerage systems, flood mitigation projects in multiple states….

Jayatiasa
👉👉👉 FY24 : Impairment of Total RM 151.2 million!😱🤔I

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho interesting lo , what is the ROI of the Vietnam JV Power Plant 1200 MW which is COD on January 2021 with BOT 25 years contract:

1.) Started Construction on October 2016 with 30 % share , cost is RM 600 million ( Cash RM 200 million , another RM 400 million from the Power Plant EPC2 construction contract Profit , So actual Cost is RM 200 million ) .

2.) Total Profit ( Share of Profit n Dividend + EPC2 Profit ) as at September 2024 = RM 633.3 m + RM 400 = RM 1033.3 million

👉 ROI = 1033.3 / 200 = 516 %

👉👉ROI from October 2016 to September 2024 , ie 8 years with 516 %

👉👉👉 ROI for BOT 25 years contract until 2046 shl be ???? % …👍👍👍🤔

Posted by Huangbk72 > 1 week ago | Report Abuse

LOL. Is this Miketikus so desperate to jump ship?

This is your way of ROI? 🤣

Jaks ROI 5 years to date not even 0.5%

My my, u really shameless

Posted by Sslee > 1 week ago | Report Abuse

If you invested in jaks 5 years ago your ROI will be a very big negative.

Someone invested in jaks more than a year and half ago also lose his pants.

Posted by MrFox > 1 week ago | Report Abuse

Hoho..Jjchewing jaks , lost balls and pant

Posted by JediMaster1 > 1 week ago | Report Abuse

That why Jedimaster rated Jaks is most trash stock in our market 😆

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho very interesting lo Yinson compared to Jaks :


Hoho Yinson working Capital is only Last for 7 months … need to Refinancing ke like sold FPSO Anna Nery 11.8 % equity :

Refinancing on October 2024 sold 11.8 % equity of FPSO Anna Nery … ownership is reduced from 75 % to 63.2 % !😱

22/10/2024 : K Line own 11.8 % with USD 49 million.

>>>

Yinson :

Price : RM 2.61
NTA : RM 1.77

EPS 27.58 sen
Trailing PE (Sector Median: 9.7) 9.5
Current Ratio 0.64
Debt-Equity (DE) Ratio 2.27
FCF Yield -10.58 %
Revenue QoQ -13.49 %
Revenue YoY -34.13%
Profit QoQ -1.48 %
Profit YoY -19.35 %


Jaks :

Price : RM 0.13
NTA : RM 0.60

EPS 0.71 sen
Trailing PE (Sector Median: 21.5) 18.2
Current Ratio 1.04
Debt-Equity (DE) Ratio 0.64
FCF Yield 0.81 %
Revenue QoQ 7.74 %
Revenue YoY 41.26%
Profit QoQ 167.57 %
Profit YoY 215.31 %

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho copied n pasted from Yinson:

Posted by jjohnchew > 3 minutes ago | Report Abuse

Hoho KonLee yr TinKosongkonPetHuangbk repeatly said my Gearing Ratio calculation is Wrong .. but she cannot provide facts n figures le as usual le TinKosong …. ask her to refer Yinson Group CFO in his Financial Review le .. u r the TinKosongLeader le …🤣🤣🤣🤔

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho KonLee still Twisting ke … ROI of Vietnam Power Plant twisting to investors ROI in Jaks 5 years ago ….

Hoho need to repost again as earlier had replied to KonLee as most active Negative commentator in Jaks :

Jaks : catched the Bottom Fishing at RM 0.185 on April 2023 ( 👉 after Sslleee posted sold Jaks on April 2023 since 2021 ) ... Up to RM 0.225 in 2 months .. then invested at RM 0.19 on July 2023 .. Gap Up on 1/9/2023 to RM 0.245 …

👉Then Price is downtrend to the Lowest RM 0.12 ( Current Price RM 0.13 with NTA 0.60 )….

Ssleee asked me did I average down Jaks :

My reply :

1.) No .. but bought Privasia with cost below RM 0.10 .. n tried my learned TA on Cup n Handle affirmed with Information of a Gov Project , also Privasia rushing to List the 3 tranche PP … it did broke up to RM 0.14 …ssleee is active in Privasia forum also .

2.) posted earlier that wait for Jaks QR ended March 2024 to be released, as Vietnam has taken actions on 2 well known Businessmen ( One man n One Lady ) on Corruption… not from Power industry!

Just coincidentally :
Toyo Ventures Vietnam power project terminated >>> is due to Financing issue ( 2 x 1,060 MW) .
Friday, 05 Jul 20


—
Posted by Sslee > 16 hours ago | Report Abuse

If you invested in jaks 5 years ago your ROI will be a very big negative.

Someone invested in jaks more than a year and half ago also lose his pants.

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho no wander KonLee show off his birthday gift from the daughter le .. the red expensive 🐊 pantties wow …


—-

Posted by Sslee > 16 hours ago | Report Abuse

If you invested in jaks 5 years ago your ROI will be a very big negative.

Someone invested in jaks more than a year and half ago also lose his pants.

Posted by Huangbk72 > 1 week ago | Report Abuse

LOL.. fact checked so many times, yet Miketikus keep getting it wrong

Problem is.. he doesnt even know he is wrong 🤣🤣🤣🤣

Aiyo Miketikus.. Calculator broken again? Just a simple fact check.. u wrong again. 🤣🤣

U posted
Total Debt - 31.33 B
Total Equity - 18.97 B

How you get DE - 2.2 😂😂😂😂😂

Posted by Mikecyc > 36 minutes ago | Report Abuse

👉👉 As YTLpower :

Debt-Equity (DE) Ratio 2.2
FCF Yield 1.71 %
Revenue QoQ -3.98 %
Revenue YoY -3.69%
Profit QoQ -17.33 %
Profit YoY 34.46 %

Gearing Ratio : 1.19X


Borrowings = 29.38 Billion + 1.95 Billion = 31.33 Billion

Cash n bank balances = 8.76 Billion

Total Equity = 18.97 Billion

👉👉No wander FCF Yield is only 1.71% … paid Borrowings n Interest…


Posted by jjohnchew > 14 minutes ago | Report Abuse

Hoho copied n pasted from Yinson:

Posted by jjohnchew > 3 minutes ago | Report Abuse

Hoho KonLee yr TinKosongkonPetHuangbk repeatly said my Gearing Ratio calculation is Wrong .. but she cannot provide facts n figures le as usual le TinKosong …. ask her to refer Yinson Group CFO in his Financial Review le .. u r the TinKosongLeader le …🤣🤣🤣🤔

Posted by musangfoxking > 1 week ago | Report Abuse

jjohnchewing jaks until no balls! better see a sinseh

Posted by jjohnchew > 1 week ago | Report Abuse

Jaks ROI on LSS4 50MW project :

Hoho interesting lo .. let’s see what is the ROI of LSS4 50MW project in Penang , which is COD on August 2023 with 25 years TNB PPA ( increased from 21 years ) , ie until 2048.


A.) Cost is RM 200 million…


B.) Return:

1.) QR ended September 2023 :

Revenue : 3.3 Million , Loss ( RM 1.4 Million)

2.) QR ended March 2024 :

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


3.) QR ended June 2024 :

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


4.) QR ended September 2024 :

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


👉👉 illustration on TTM :

Revenue = RM 18.1 million
Profit = RM 0.26 million

Assumption : QR ended September 2023 :

Instead of Loss ( RM 1.4 Million) , assumed is Zero Loss n Profit:

> Revenue = RM 18.1 million
Profit = RM 1.66 million ( 9.17 % )

( Note : shd be Net Profit after interest, taxes, and DA .


👉 ROI on LSS4 50MW for 1 year = 0.83 %
( Note : Jaks is the 100 % Asset owner included freehold Land … Loans is RM 220 million) .

Case study: JAKS Solar Nibong Tebal’s multilateral financing facility

By
Marlena Kareem
January 31, 2023

JAKS Solar Nibong Tebal (JAKS Solar), a wholly-owned subsidiary of JAKS Resources, obtained a RM112.5 million (US$26.5 million) financing facility from AmBank Islamic in March 2022 as part of a multilateral financing facility worth RM220 million (US$51.82 million).


👉👉 No wander Analyst said since LSS1 to LSS3 , LSS4 tender rate is the most competitive n getting Lower … the IRR is expected to be Low Single Digit.

👉👉👉 Jaks still need LSS4 50MW project as it shl provide recurring “ Revenue “ n minor Profit over 25 years .

LSS5 2000 MW EPCC RM 7.2 billion….Tender is even more competitive.. bid rate is even Lower than LSS4 …better opt for EPC construction contract from the Winners as What Solarvest did in LSS4 .

The LSS5 2000 MW shortlisted companies did not included Jaks , Solarvest, Gading Kencana and Sunview .