Posted by MrFox > 1 month ago | Report Abuse

Hoho balless tikus

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho infact if Jaks can monetise the investment Properties and Less construction contracts on Properties and Highway … this shl be Jaks best options .

Posted by jjohnchew > 1 month ago | Report Abuse

Jaks had intention to monetise another 2 Property Division assets :

a.) Evolve Mall : loan balance RM 206.4 million… net book value as at December 2023 is RM 280 million.

b.) Pacific Towers : loan balance RM 70.6 million… net book value for Business Hub Tower only as at December 2023 is RM 232 million.

👉 Not only on anticipating Profit Gain on Monetisation these 2 properties asset , the Loans n Borrowings shl be reduced to Zero.

👉Loans n Borrowings as at June 2024 is RM 473.4 million….after monetise these 2 properties assets with Total Net Book Value RM 512 million … Jaks Shl be a Net Cash company.

Posted by jjohnchew > 1 month ago | Report Abuse

See Jaks on 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.

Posted by jjohnchew > 1 month 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 JediMaster1 > 1 month ago | Report Abuse

Miketikus aka John No matter how you twist Jaks still is the trash stock no body will believe what your junk story 你只是在自己說自己爽吧了 ！ 😂😂😂

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho Jaks is much much better than Je-Die promoted Lambo ( since 2020 until October 2024 is Delisted… Yinson : high Debt high risk , FPSO Atlanta First Oil is Delayed from May 2024 to August 2024 to end November 2024 , still No Update !😱😱😱

—-

Posted by JediMaster1 > 10 hours ago | Report Abuse

Miketikus aka John No matter how you twist Jaks still is the trash stock no body will believe what your junk story 你只是在自己說自己爽吧了 ！ 😂😂😂

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho oh still no facts n figures on Yinson ke … oh forgotten u r the TinKosongkongang ..🤣🤣🤣

—-

Posted by JediMaster1 > 10 hours ago | Report Abuse

Miketikus aka John No matter how you twist Jaks still is the trash stock no body will believe what your junk story 你只是在自己說自己爽吧了 ！ 😂😂😂

Posted by Huangbk72 > 1 month ago | Report Abuse

So Miketikus prefer to post gibberish everywhere and afraid to come back to Jaks to answer.

Why Miketikus posted 3 gearing ratio in 1 post? 😂😂

Is he so illiterate?

Huangbk72

LOL Miketikus

SSLee also used your data to calculate gearing which is 1.65

So you posted a total of 3 gearing ratio in 1 post

1) 2.2
2) 1.19
3) 1.65

Impossible right ? 🤣🤣🤣

1 day ago

Posted by MrFox > 1 month ago | Report Abuse

HOHO....Is he so illiterate? sad!!!!

Posted by investment888 > 1 month ago | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3512682

Posted by ncy810116 > 1 month ago | Report Abuse

did not expect a div

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho copied from Yinson :

osted by jjohnchew > 11 hours ago | Report Abuse

Hoho still remember this old post JeDie :


Hoho , these r the famous twisting wordings from kon alibaba / scenery / Jedi1985/ JediMaster ( during he is posting non facts n figures in my Case Study forum , like Ularsawa / DragonSlayer ).


- no time to entertain you
- no time to sleep
- no time to see other ppl posts

- cute n funny
- cannot think properly
- act like kid


- said cut win Lambo in netx ... n won 500 % ... posted in Lambo on 3/8/2020 , price 5 sen , up to 8 sen on 12/8 , then down to 5 sen in a week ... so cute n funny still cry papa cry mama chasing Kon actor Ular grandma for making him lost....haha what a kid ke !!!

- Scenery 1st post in Netx is on 26/9/2020 .. where as Con artist callvin is not posting / seldom posting in netx starting Oct 2020 .. as Kon artist ssleee kon gang Victoryong aka Probability n Good123 start posting on 3/10/2020 ...

After is exposed kon alibaba .. scenery get mad n started barkking :

- He is defending kon alibaba saying kon is promoted at 1 sen ...

- how he knew kon alibaba is promoted at 1 sen as kon alibaba had deleted all his posts in Lambo . Kon alibaba 1 st post in i3 is on 2/7/2020 in Pegasus ..Scenery 1st post in i3 is on 3/8/2020 ...

- Twisting that kon alibaba posts r being flag post removed then being deleted ... all ke ? If so good promoted at 1 sen , sure will have some posts r not being flag post removed .. just a lie..

- On the day i queried Scenery .. Kon alibaba is posted in Zelan ( based on bet list ) together with new id actors.


Hoho read thru his posting , before posting in Netx , his character is totally different .. even saying ppl in i3 is not smart ....



>> haha wat a kid cute n funny accusation ... calvin other half is sandrakkc / polycarb..

scenery Kon Mike, U see, this witchliar/ular/dragonslayer alwasy prove me right, whenever I said calvin conman, she sure turn out n bark for her calvin kor kor.

She get into trouble also bec ppl said she is calvin's cousin when she wanted to be her lover.
29/03/2021 3:14 PM


Haha now accuse Konactor Ular is bribe or threat Lee9fold for not posting .. r u mentally stress .. go see a doctor ...

——

As said this case study is for sharing ond gain info to improve our investing skills n knowledge and to expose Kon n Actor :

Do own homework , own analysis , Own Decisions as only you know your risk level ..

Decisions is changing upon New information, New facts n figures…

If you cannot withstand mentally stress , better dont touch ...

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho copied from Jtiasa :

Posted by jjohnchew > 1 second ago | Report Abuse

Hoho KonLee repeatedly posted Jaks 4QR ended December 2024 shl be with Huge Loss due to Huge Impairment, and No Dividend….

Hoho very interesting le .. before 4QR is released, Jaks oredi announced Dividend le ( I think at least 10 years No Dividend ).

OTHERS JAKS RESOURCES BERHAD (“JAKS” OR THE “COMPANY”) FIRST SINGLE-TIER INTERIM DIVIDEND FOR THE FINANCIAL YEAR ENDING 31 DECEMBER 2024

JAKS RESOURCES BERHAD

Posted by Karlos > 1 month ago | Report Abuse

Nothing to worry about at the current price level if compared to NAPS 0f 60 sen as per latest quarter. On top Jaks has a sizeable ownership of a large IPP in Vietnam and solar farms too.

Posted by Karlos > 1 month ago | Report Abuse

At 13 sen you get a dividend yield of 3.85 % in addition to likely possible price gains.

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho Jaks price is oredi tested the Lowest RM 0.12 … as Jaks CEO all shares n WC are in Pledge Accounts:


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 Huangbk72 > 1 month ago | Report Abuse

Is Miketikus even a shareholder or read the dividend ( DRP) properly?

Can Miketikus tell everyone how much of half cent dividend can he get from Jaks? 😉

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho as usual Pokkai TinKosongKonPetHuangbk only know shamelessly lying n twisting without facts n figures… and so Dumbasxxx to learn le …


DRP is Optional…either u opt to reinvest or want Dividend payout….


—-

Posted by Huangbk72 > 6 minutes ago | Report Abuse

Is Miketikus even a shareholder or read the dividend ( DRP) properly?

Can Miketikus tell everyone how much of half cent dividend can he get from Jaks? 😉

Posted by JediMaster1 > 1 month ago | Report Abuse

Give half cent to attract more water fish to jump in this trash stock 😂

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho the Dividend payout amount is RM 13 million le …

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho much Safer n Better than yr Promoted Lambo since 2020 using so many aka id … is Delisted on October 2024 …

No wander nowadays need to take the right medicine…🤣🤣🤣
—-

Posted by JediMaster1 > 1 minute ago | Report Abuse

Give half cent to attract more water fish to jump in this trash stock 😂

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho even on yr currently promoting Yinson :

Repost >>>

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 Huangbk72 > 1 month ago | Report Abuse

LOL... fact check Miketikus and he failed again.. 🤣🤣

DRP usually is optional... either yes or no

For Jaks, its either entire dividend or partially.. So die die must take up DRP.. where is the option?

Your comprehension is really really bad

Posted by jjohnchew > 52 minutes ago | Report Abuse

Hoho as usual Pokkai TinKosongKonPetHuangbk only know shamelessly lying n twisting without facts n figures… and so Dumbasxxx to learn le …


DRP is Optional…either u opt to reinvest or want Dividend payout….

Posted by musangfoxking > 1 month ago | Report Abuse

Your comprehension is really really bad

your too when u direct thid question to a a low grade mouse!!!!
haha

Posted by ks55 > 1 month ago | Report Abuse

Jaks is dead without DK.
Jaks cannot recover because of ALP.
Jaks won't see sun with no KYY around.

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho someone blowing SWOT analysis in YTLpower but asked to provide facts n figures.. surprised that he posted how to provide !🤣

Then he shouted run for yr Lifee in investing… better don’t touch le !🤣🤫

—-

Posted by ks55 > 2 hours ago | Report Abuse

Jaks is dead without DK.
Jaks cannot recover because of ALP.
Jaks won't see sun with no KYY around.

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho Mr Kyy oredi Trapped in Jtiasa when he sailang all his investing Fund in Jtiasa .. pushed Up from RM 1.42 to RM 1.53 … the Last Pushed Up to RM 1.53 is from Volume 4 Million to above 15 million shares …

—

Posted by ks55 > 2 hours ago | Report Abuse

Jaks is dead without DK.
Jaks cannot recover because of ALP.
Jaks won't see sun with no KYY around.

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho see Jaks CEO (Major shareholder) business acumen n determination:

1.) successfully steered Jaks diversified into Power Plant generation industry ( since 2011 with Vietnam agreement, only started construction of the JV Power Plant 1200 MW EPCC RM 8.7 billion on October 2016 … is COD on January 2021 , with recurring Income for 25 years until 2046 .


2.) successfully steered Jaks diversified into Solar RE industry:

a.) LSS4 50 MW in Penang is COD on August 2023 with recurring Revenue n Income for 25 years until 2048 .

Cost RM 200 million: financed by syndicated Loans RM 220 million ( Jaks as asset owner included the Freehold land ).

👉Term financing facility: Up to 16.5 years (inclusive of an 18-month grace period)
Cash line facility: On demand
Bank guarantees: Up to two years (inclusive of claim period).

👉👉 LSS4 50 MW project investment capital is All finance by syndicated Loans .

Referred to Annual Report FYE2023 , Jaks had acquired 30 plots of Free Hold lands in Seberang Prai , Penang on 2019 .

LSS4 50 MW project is awarded on 2021 ,syndicated Loans RM 220 million is approved on March 2022 .

> Jaks sold 13 plots of Penang lands , Balance 17 plots as LSS4 50MW Solar farm .

👉👉👉 Jaks sold Penang 13 plots Free Hold Lands on 9/9/2024 , monetise the Lands with RM 77.74 million ( a net pro forma gain of RM50.38 million ) .


3.) awarded CGPP 30MW Solar RE project on August 2023 ( Consortium: Jaks 51 % , Ann Joo Green Energy Sdn. Bhd. and Fabulous Sunview Sdn. Bhd. ) …COD is expected by end 2025 .

CGPP winners can choose their end customers/ offtaker.. not only sell to TNB n cross border .

JAKS Group has
a 51% stake in the Consortium. At
present, the Consortium is
undergoing the approval process to
participate in Single Buyer’s New
Enhanced Dispatch Arrangement
(“NEDA”) programme.

The construction works for this project is
expected to commence by end 2024
and scheduled for commercial
operation by end 2025. (Page 15 of
AR2023)


👉4.) Our 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.👍

We believe these projects will fill the pipeline and provide financial stability in the future.

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho KonFoxy aka Demusang aka 123theman aka Musang King aka stockgal, Loss Naked in Fintec …Best in Twisting without facts n figures …will delete own posts….beware ..


Hoho no wander lo .. FoxyLadyy


MrFox
MrFox | Joined since 2019-02-13

musangfoxking
musangfoxking | Joined since 2014-09-10

stockgal
fatfat | Joined since 2012-10-16


Hoho KonFoxy loss naked in Fintec
>>> Netx — Fintec( mother ) — Adamas HK stock / Nasdaq ( Grandma , Loss in HK Well known restaurant bond n a China mines company bond ).


“ Words of Wisdom “ 🤥🤣🤣🤣

Fintec >>>

2017 : share consolidation 3 into 1

2017 : RI

Nov 2020 : RI at RM 0.08

Apr 2024 : share consolidation 30 into 1

Posted by Huangbk72 > 1 month ago | Report Abuse

Miketikus no gibberish response to this?

Mouth stuffed with banana? 🤣🤣🤣🤣

Same sentence... dont know, dont talk 😂😂😂😂

Posted by Huangbk72 > 3 hours ago | Report Abuse

LOL... fact check Miketikus and he failed again.. 🤣🤣

DRP usually is optional... either yes or no

For Jaks, its either entire dividend or partially.. So die die must take up DRP.. where is the option?

Your comprehension is really really bad

Posted by jjohnchew > 52 minutes ago | Report Abuse

Hoho as usual Pokkai TinKosongKonPetHuangbk only know shamelessly lying n twisting without facts n figures… and so Dumbasxxx to learn le …


DRP is Optional…either u opt to reinvest or want Dividend payout….

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho Just the shameless TinKosongkonPetHuangbk twisted to

DRP usually is optional... either yes or no

Posted by Huangbk72 > 3 hours ago | Report Abuse

LOL... fact check Miketikus and he failed again.. 🤣🤣

DRP usually is optional... either yes or no

Posted by jjohnchew > 4 hours ago | Report Abuse

Hoho as usual Pokkai TinKosongKonPetHuangbk only know shamelessly lying n twisting without facts n figures… and so Dumbasxxx to learn le …


DRP is Optional…either u opt to reinvest or want Dividend payout….


—-

Posted by Huangbk72 > 6 minutes ago | Report Abuse

Is Miketikus even a shareholder or read the dividend ( DRP) properly?

Can Miketikus tell everyone how much of half cent dividend can he get from Jaks? 😉

Posted by Huangbk72 > 1 month ago | Report Abuse

LOL... same thing happening again.. This Miketikus caught red handed

U dont know IFRS.. dont talk

U dont know DRP.. dont talk.

Jaks DRP is Forced DRP... invest full or partially

I asked you clearly in my post.. U twisted and spin to another new story 🤣🤣🤣🤣

Posted by Huangbk72 > 4 hours ago | Report Abuse

Is Miketikus even a shareholder or read the dividend ( DRP) properly?

Can Miketikus tell everyone how much of half cent dividend can he get from Jaks? 😉

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho repost on TinKosongkonPetHuangbk :


>>>>
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 … 

I am debated against KonBobAxelrod n Mabel in Serba … Huangbk defended KonbobAxerod n challenged me to see who can post continuously without stopping until 5 pm … without facts n figures… just a TinKosong Kon twisting shamelessly .

👉 His latest aka id MrHuangbk is banned permanently as used many similar id/abusive id to post abusive n unethical contents .

Posted by JediMaster1 > 1 month ago | Report Abuse

Miketikus @ john that is nothing to be surprised after X the 1/2 cents dividend Jaks market price will drop down to 11 or 12 cents ....

jjohnchew

Hoho the Dividend payout amount is RM 13 million le …

3 hours ago

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho this is the company reply :

>>> 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 jjohnchew > 1 month ago | Report Abuse

This article first appeared in The Edge Malaysia Weekly on June 24, 2024 - June 30, 2024

It is always a concern when a company’s financial accounts are unclear, causing those perusing the document — which would include bankers, creditors, shareholders and investors — to question the numbers. The primary objective of a company’s financial statements is to present a true and fair view of its performance and position.

The statements should minimise ambiguity and be easily digested by users who presumably have a basic understanding of accounting and finance.


It was only earlier this month that oil and gas player Serba Dinamik Holdings Bhd was delisted from Bursa Malaysia, after grappling with accounting issues since May 2021. It had an impressive earnings track record until reporting irregularities eventually surfaced.

As a result of this and other misadventures by a few oil and gas companies, banks are shying away from funding the sector.
However, it came as a surprise that Yinson Holdings Bhd’s (KL:YINSON) latest financial results had caused anxiety and uncertainty among the analysts who cover the company’s stock. After all, with a market capitalisation of close to RM7.5 billion, Yinson is one of the more respected players and among the success stories in the local oil and gas sector.

One research house’s report on Yinson’s financials mentions “Using financial tools to boost equity returns” while a bank-backed research outfit says, “We have stripped off RM151 million EPCIC (engineering, procurement, construction, installation and commissioning) earnings in arriving at our core profit. We believe Street estimates may not be a good comparison as other analysts regard Yinson’s EPCIC earnings as core profit.”

Another research house notes that Yinson’s “IFRS accounting distortion is growing alongside its leverage”, which could lead to confusion among investors.

Although analysts who cover the company’s stock mostly have a positive view of Yinson, the group’s accounting policy or treatment for certain aspects of its operations can be disquieting.

Surely, Yinson can do better with its financial reporting.

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho really laugh live me lo … this dumbasxxx TinKosongkonPetHuangbk … must be loss naked liaw … 🤣🤣🤣

Posted by Huangbk72 > 1 month ago | Report Abuse

Aiyoyo Miketikus.. Still keep spinning when caught posting gibberish

Simple example :

U posted:

Posted by jjohnchew > 1 hour ago | Report Abuse

Hoho previous Years Financial Report is not followed IFRS … used Operating leased instead of Finance leased with Elimination here n there … Next FY shl follow IFRS … just coincidentally Bursa announced on December 2024 … all Listed Companies to follow IFRS with backtrack to 3 years … make sure can track those Elimination figures lo …

Now you say Yinson says this :

>>> 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.

Know the difference?

Hint : "Hoho previous Years Financial Report is not followed IFRS"

Kiddie claim Yinson not following IFRS

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho The 2 one man Fund Manager are Trapped in Jtiasa :

1.) from 1.20 to 1.41
2.) from 1.42 to 1.53

Jtiasa currently Price : 1.29

Posted by Huangbk72 > 1 month ago | Report Abuse

Only Dumdum will think Dividend payout will be RM13.0 Million

Dumdum dont know DRP 🤣🤣🤣🤣

Look at JAKS FCF la.. got money to pay cash dividend? 🤣🤣🤣🤣

JAKS TTM Free Cash Flow
-47,743.4400

Kiddie trying to act like adult

jjohnchew

Hoho the Dividend payout amount is RM 13 million le …

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho where as Jaks is Buy Low Sell High :

Price RM 0.135 with NTA 0.60 .👍

Posted by jjohnchew > 1 month 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 jjohnchew > 1 month ago | Report Abuse

Hoho eg of Yinson QR based on Operating Lease with Elimination ( not Follow IFRS Finance lease ) :


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 month ago | Report Abuse

Hoho see Good intentions always with Good Karma .. Bad intentions shl bring Bad Karma .. since in Netx on 2020 n is proven in Netx :



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。

Posted by jjohnchew > 1 month ago | Report Abuse

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。

根据马交所周一的文告，此举主要针对主板和创业板上市公司，旨在推动上市公司采用IFRS S1，即永续相关财务信息披露的一般要求，以及IFRS S2与气候相关披露标准，作为永续报告的基础标准。

马交所相信，通过全球性标准，将有助于提升透明度和问责制，以展示上市公司如何管理其永续相关风险和机遇（SROs），增强公司业务韧性，便于投资者参考和比较。

根据已修订的要求，上市公司需在年报中以“IFRS永续披露标准”编制其永续报告，并且继续包括以下信息：

👉👉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；

二、声明告知公司的永续报告是否已通过内部审计的审核，或按照公认鉴证标准进行了独立鉴证。

Posted by Huangbk72 > 1 month ago | Report Abuse

LOL... Miketikus using NTA as selling point now?

Why dont you move to TCHONG.. much better than your Jaks 🤣🤣🤣🤣

Name Price NTA
TCHONG 0.41 3.93

Posted by jjohnchew > 2 minutes ago | Report Abuse

Hoho where as Jaks is Buy Low Sell High :

Price RM 0.135 with NTA 0.60 .👍

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho Yinson those elimination figures better get it Right … Not like TDM case that New Auditor on 2019 … Rectified the Mis-location issue 2029 in Huge Loss .. rectified 2018 from Profit to Loss .. then 2020 to 2022 in Loss ..

-
👉👉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 jjohnchew > 1 month ago | Report Abuse

Hoho see Jaks CEO (Major shareholder) business acumen n determination:

1.) successfully steered Jaks diversified into Power Plant generation industry ( since 2011 with Vietnam agreement, only started construction of the JV Power Plant 1200 MW EPCC RM 8.7 billion on October 2016 … is COD on January 2021 , with recurring Income for 25 years until 2046 .


2.) successfully steered Jaks diversified into Solar RE industry:

a.) LSS4 50 MW in Penang is COD on August 2023 with recurring Revenue n Income for 25 years until 2048 .

Cost RM 200 million: financed by syndicated Loans RM 220 million ( Jaks as asset owner included the Freehold land ).

👉Term financing facility: Up to 16.5 years (inclusive of an 18-month grace period)
Cash line facility: On demand
Bank guarantees: Up to two years (inclusive of claim period).

👉👉 LSS4 50 MW project investment capital is All finance by syndicated Loans .

Referred to Annual Report FYE2023 , Jaks had acquired 30 plots of Free Hold lands in Seberang Prai , Penang on 2019 .

LSS4 50 MW project is awarded on 2021 ,syndicated Loans RM 220 million is approved on March 2022 .

> Jaks sold 13 plots of Penang lands , Balance 17 plots as LSS4 50MW Solar farm .

👉👉👉 Jaks sold Penang 13 plots Free Hold Lands on 9/9/2024 , monetise the Lands with RM 77.74 million ( a net pro forma gain of RM50.38 million ) .


3.) awarded CGPP 30MW Solar RE project on August 2023 ( Consortium: Jaks 51 % , Ann Joo Green Energy Sdn. Bhd. and Fabulous Sunview Sdn. Bhd. ) …COD is expected by end 2025 .

CGPP winners can choose their end customers/ offtaker.. not only sell to TNB n cross border .

JAKS Group has
a 51% stake in the Consortium. At
present, the Consortium is
undergoing the approval process to
participate in Single Buyer’s New
Enhanced Dispatch Arrangement
(“NEDA”) programme.

The construction works for this project is
expected to commence by end 2024
and scheduled for commercial
operation by end 2025. (Page 15 of
AR2023)


👉4.) Our 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.👍

We believe these projects will fill the pipeline and provide financial stability in the future.

Posted by jjohnchew > 1 month 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 ) .