Posted by Huangbk72 > 3 weeks ago | Report Abuse

LOL... Miketikus better tell your bff Coconut Felix.. he is holding Pmcorp now, bought 19c 🤣🤣🤣🤣🤣

By the way, why are you avoiding to answer - Current ratio 1.04 means 1 year working capital?

Posted by xiaoeh > 3 weeks ago | Report Abuse

wah... Mr Huangbk72
someone is missing u day and night at SPNG...😂
go filling up the emptiness...?😂

Posted by JediMaster1 > 3 weeks ago | Report Abuse

Miketikus @ mr twist mah !

When we see the creature is deer he can tell you is horse !

😂😂😂

Posted by jjohnchew > 3 weeks ago | Report Abuse

Hoho why ? U loss naked in Lambo ke .. thinking is Rambo ke .. but is defeated as Lambo is Delisted on October 2024 .
Pls take the right medicine le n wear proper panttties le ..🤣🤣🤣🤫
—-
Posted by JediMaster1 > 5 hours ago | Report Abuse

Miketikus @ mr twist mah !

When we see the creature is deer he can tell you is horse !

😂😂😂

Posted by Huangbk72 > 3 weeks ago | Report Abuse

LOL... What a joke? Current ratio 1.04 means working capital enough for 1 year??

What mindset and knowledge this Miketikus has? 🤣🤣🤣🤣

Does he even know how to derive current ratio and what it means? 🤣🤣🤣🤣

Posted by jjohnchew > 15 minutes ago | Report Abuse

On this Jaks with Current Ratio 1.04 n above , ie working capital can Last for 12 months… n Net Gearing Ratio 0.30X

Posted by Sslee > 3 weeks ago | Report Abuse

D.) LSS5 2000MW Solar Project, EPCC value is estimated RM 7.2 Billion, tender RFP dateline is brought forward to 25/7/2024 from December 2024 ):

Jaks partner again with CPECC ( Vietnam 1200 MW Power Plant partner 70 % ) >>> Jaks 51% : CPECC 49% , tendered 200MW ( with intention up to limit 500 MW ) …..

👉Land : 1730 acres in Terengganu is leased from TDM . Can be a 200 MW to 500 MW Solar Farm depending on Solar Panel efficiency 12 % or 18 % .

Still remember Donkey wrote above to promote jaks. And now that same donkey sing a different tune that jaks is EPCC contractor. What a joke.

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 > 3 weeks ago | Report Abuse

Hoho copied from Jtiasa:

Posted by jjohnchew > 8 minutes ago | Report Abuse

Hoho I am also posted Jaks tendered LSS5 200 MW RM 800 million.. as LSS5 2000 MW EPCC RM 7.2 billion… is the bid rate is getting Lower or Higher ….

.. Remember Do 3 Own : Own Homework, Own Analysis and Own DecisionS as only you know your Risk level .

DecisionS: is changed Upon new information, new facts n figures.

Posted by jjohnchew > 3 weeks ago | Report Abuse

Hoho copied from Jtiasa :

Posted by jjohnchew > 18 minutes ago | Report Abuse

Hoho oh TinKosongleader Kon ss leee call his gang is DonkeyyTinKosong gang ke .. most suitable Name le …👍🤣🤣… no wander he is the Leader le :

1.) owned Claimed TA n FA Guru in Yinson .. see 5 waves is coming wow , but did not know the Waves name is EW .

2.) Shouting happily said Yinson Wave 2 is coming wow but did not know Wave 2 is Downtrend…

3.) did not understand Labour Expenses n Capex.

4.) Did not understand Corporate Structure: Group subsidiaries n associates company, Direct n Indirect and to plan Corporate Taxes. ( as Insas No corporate structure) .

5.) Did not understand Current Ratio n DE Ratio .

6.) Did not understand FCF Growth n DCF .

7.) Did not understand Jaks Financial Reports is follow IFRS ( ie Cash Flow from Investing activities rather Operating activities, as Yinson is not follow IFRS , currently Financial Reports is Operating Lease rather Finance Lease ( IFRS ).

8.) Did not understand Impairment n Depreciation .

9.) finally is cannot read n understand Financial Reports such as Jtiasa Annual Reports on Impairments.

10.) as usual a DonkeyyTinKosongLeader Kon ss leee is thick skin , best in Pretending n Twisting shamelessly…

—-

Posted by Sslee > 1 hour ago | Report Abuse

Donkey can't even show proof of jayatiasa latest financial report 2024 impairment of RM 151.2 million.

And still he is so thick skin to continue posting more gibberish on jayatiasa impairment.

Posted by Huangbk72 > 3 weeks ago | Report Abuse

Miketikus still running away from explaining his new theory? 🤣🤣🤣

Post so much, ended up all gibberish


Huangbk72
LOL... What a joke? Current ratio 1.04 means working capital enough for 1 year??

What mindset and knowledge this Miketikus has? 🤣🤣🤣🤣

Does he even know how to derive current ratio and what it means? 🤣🤣🤣🤣

Posted by jjohnchew > 15 minutes ago | Report Abuse

On this Jaks with Current Ratio 1.04 n above , ie working capital can Last for 12 months… n Net Gearing Ratio 0.30X

Posted by jjohnchew > 3 weeks ago | Report Abuse

Jaks

QR September 2024 :

Deposits placed with licensed banks : RM 12.1 million

Cash and bank balances : RM 23.8 million.


>>>

Cash and Cash equivalents:


Deposits placed with licensed banks : RM 12.1 million

Cash and bank balances : RM 23.8 million.

Bank Overdraft. : ( RM 5.89 million )

Balance = RM 30.0 million

Deposits held as security value : ( 12.1 million)

Bank balance held as security value : ( 5.585 million )

Debt service reserves account : ( 8,364 million )

Balance =. RM 3.978 million


👉Other Operating, Administration Expenses: RM 13.68 million


>>
Compared QR September 2023 :

Cash and Cash equivalents: RM 19.391 million.

👉Other Operating, Administration Expenses: RM 30.91 million

>>>

QR September 2024 :

👉Other Operating, Administration Expenses: RM 13.68 million

Illustration:

Forward Yearly 👉Other Operating, Administration Expenses: RM 54.72 million


QR September 2023 :

👉Other Operating, Administration Expenses: RM 30.91 million


Illustration:

Forward Yearly 👉Other Operating, Administration Expenses: RM 123.64 million

Remark : There is Cost Reduction on Other Operating, Administration Expenses of RM 68.92 / year .

Posted by jjohnchew > 3 weeks ago | Report Abuse

Jaks :

Hoho as posted earlier on Jaks cash n cash equivalents, that the Other Operating, Administrative expenses is greatly reduced.

Good for Jaks to reduced the loss making business… esp on local Construction contracts on investment properties , eg : RM 1.1 billion Pacific Star Towers and Highway… eg : RM 509 million SUKE


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 Jaks , Solarvest , Sunview and Gading Kencana not in the LSS5 2000 MW Shortlisted list also . ( LSS4 823 MW ) . These 4 companies are LSS4 n CGPP Winners.

Posted by Huangbk72 > 3 weeks ago | Report Abuse

Miketikus still running away from explaining his new theory? Current ratio = Working capital 🤣🤣🤣

Post so much, ended up all gibberish


Huangbk72
LOL... What a joke? Current ratio 1.04 means working capital enough for 1 year??

What mindset and knowledge this Miketikus has? 🤣🤣🤣🤣

Does he even know how to derive current ratio and what it means? 🤣🤣🤣🤣

Posted by jjohnchew > 15 minutes ago | Report Abuse

On this Jaks with Current Ratio 1.04 n above , ie working capital can Last for 12 months… n Net Gearing Ratio 0.30X

Posted by Huangbk72 > 3 weeks ago | Report Abuse

Beepo beepo.. calling Miketikus.

Jaks closing 12.5c. U need ambulance? 😂😂😂😂

How about replying your magnificent new theory. Current ratio is working capital indicator 🤣🤣🤣🤣

Miketikus still running away from explaining his new theory? Current ratio = Working capital 🤣🤣🤣

Post so much, ended up all gibberish


Huangbk72
LOL... What a joke? Current ratio 1.04 means working capital enough for 1 year??

What mindset and knowledge this Miketikus has? 🤣🤣🤣🤣

Does he even know how to derive current ratio and what it means? 🤣🤣🤣🤣

Posted by jjohnchew > 15 minutes ago | Report Abuse

On this Jaks with Current Ratio 1.04 n above , ie working capital can Last for 12 months… n Net Gearing Ratio 0.30X

Posted by Vincenzo888 > 3 weeks ago | Report Abuse

Which dumbass's blockbuster investment in year 2024? Still thick face talk so much here?

Baidu Inc
HKG: 9888
Overview
Compare
Financials
75.90 HKD -24.60 (-24.48%)past year
13 Jan, 4:08 pm GMT+8 • Disclaimer

Posted by Huangbk72 > 3 weeks ago | Report Abuse

LOL... Coconut Felix finally appeared? U also dumdum believe your BFF Miketikus and bought Jaks at 19c. 😂

All your stocks kaputing ya.. Dont be ashamed, its just bad karma punishing you 🤣🤣🤣

All my buddies including me so happy we were right.. Feb invested in Baidu.. Oct left with handsome profit.

Told you buy for Stimulus. It chun chun happened. 😁😁

1 week shot up 34% for a blue chip stock.. who will lose money except your style of playing 🤣🤣🤣

Sapura Energy Bhd
0.030 MYR
-0.02 (-40.00%)past year
13 Jan, 5:00 pm MYT • Disclaimer

Posted by musangfoxking > 2 weeks ago | Report Abuse

Hoho Why JAKS now 0.13!!???

Posted by musangfoxking > 2 weeks ago | Report Abuse

crypto currency shooting star!! what a feeling
mousechewing 0.32 now 0,13, what a sad story!!!

Posted by musangfoxking > 2 weeks ago | Report Abuse

Hoho no worries. as ne alrerdi sold 0.29

Posted by musangfoxking > 2 weeks ago | Report Abuse

Hoho no worries..me no jaks!

Posted by musangfoxking > 2 weeks ago | Report Abuse

johnchewing 0,32..now 0.13..what a sad story

Posted by Philip ( buy what you understand) > 2 weeks ago | Report Abuse

How come jaks is a penny stock while mfcb and yinson with billions? Everyone is blind except for John chew

Posted by Philip ( buy what you understand) > 2 weeks ago | Report Abuse

How much jaks are you holding mike?

Posted by jjohnchew > 2 weeks ago | Report Abuse

Hoho Why JAKS announced on 30/12/2024 given out Dividend after 10 years is No Dividend!👍🤔


1.) One of Variables in DCF calculation is Growth Rate

👉 Simply is Yinson DCF is getting Bad or Good ???


Yinson CAGR :

3Y 83% TTM 29.9%
5Y 51.9% TTM 33.9%


Jaks CAGR :

3Y 29.9% TTM 41.2%
5Y 0.5% TTM - 25%


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


3.) 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 .


4.) November 2018 RI is issued in Warrant only , WB at RM 0.25 with EX price RM 0.64 n is changed to RM 0.34 on 2022 … is 👉Maturity on December 2023 , to prevent the Take Over . A very sad battle episode as all parties are in Losses.

Posted by jjohnchew > 2 weeks ago | Report Abuse

JAKS :

Hoho , Good News …now is （LSS@PETRA+） 2000 MW , EPCC RM 8.0 billion Tender is starting from 20/1/2025 :


On LSS5 2000 MW , EPCC RM 7.2 billion Tender … JAKS submitted tender for 200 MW with bid rate RM 800 million ( as reported in a news article).... but is Not selected in Shortlisted list together with Solarvest, Sunview and Gading Kencana… these 4 companies are LSS4 and CGPP Solar RE electricity projects Winners .


太阳能发电项目招标 能源部料吸资80亿
2025年01月19日


布城18日讯）能源及水务转型部于本月20日起，开始额外大型太阳能发电项目（LSS@PETRA+）招标，以供开发总配额达2000兆瓦交流电（MWac）的大型发电厂。

该部预计，批准的额外发电容量，将带来约80亿令吉的投资，为我国再生能源领域提供1万2000个就业机会。

Posted by jjohnchew > 2 weeks ago | Report Abuse

该部发文告指出，上述额外配额，将由能源委员会通过征求建议书方式进行，为项目招标。

“获批的太阳能发电厂将于2027年起投运，以应对国家能源转型愿景及绿色电力需求的增长。”

该部提到，此次招标有两个配套，分别是总配额1500兆瓦，开发容量介于30兆瓦至500兆瓦的陆地太阳能发电厂，以及配额500兆瓦，容量10兆瓦至500兆瓦的浮动/水上太阳能发电厂。

Posted by jjohnchew > 2 weeks ago | Report Abuse

Hoho as posted earlier.. more n more Solar RE electricity Projects are coming … due to Demand from Singapore, and Data Center either Clouds n AI ….gameplay is different liaw … opt for EPCC projects with Better IRR or do EPC construction projects .


UEM Lestra投资25亿 昔加末建太阳能发电厂
2025年01月18日

吉隆坡18日讯）UEM集团（UEM Group）旗下绿色能源臂膀UEM Lestra将投资近25亿令吉，在柔佛州昔加末建造一座大型混合太阳能发电厂，预计每年将生产逾1000吉瓦时（GWh）的绿色能源。


UEM Lestra发文告指出，这座混合太阳能发电厂项目，是在国家能源转型路线图（NETR）的企业再生能源供应计划的一部分。

该公司说，首阶段涉及在昔加末688公顷的土地上建设一座混合太阳能发电厂，投资额近25亿令吉。该阶段将提供500兆瓦的连接点，太阳能容量预计达750兆瓦，并由电池储能系统（BESS）提供支持。
2027年投入运作


——-
👉 TNB among LSS5 2000 MW winners, bags 500MW solar farm project in Kedah 
By theedge 
26 Dec 2024, 06:27 pm 


Aside from the highly sought after LSS awards, the government last year also announced efforts to support the development of solar parks in the country under the National Energy Transition Roadmap (NETR). 


This is led by TNB, via five 100MW solar parks in different locations in the country, and another 1GW under Khazanah Nasional Bhd through UEM Group.


👉👉👉 Hoho just TNB n UEM total Solar RE projects is 500 + 5 x 100 + 1000 =2,000 
MW .. equivalent to LSS5 2000 MW , EPCC RM 7.2 billion.. EPC construction is ard RM 5.0 billion ..

Posted by jjohnchew > 2 weeks ago | Report Abuse

Hoho no worries.. JAKS price currently shl be ding dong at the price range , until :

A.)
1.) The above Company's securities will be traded and quoted "Ex - Dividend” as from: 31 Jan 2025
2) The last date of lodgment : 03 Feb 2025
3) Date Payable : 03 Mar 2025


B.) Coming QR ended December 2024 to be released by February 2025 …

Posted by jjohnchew > 2 weeks ago | Report Abuse

Hoho Repost from Yinson :

MFCB :

Price : 4.47
NTA : 3.18
P/B : 1.41

EPS 44.47 sen
Trailing PE (Sector Median: 16.3) 10.1
Current Ratio 1.79
Debt-Equity (DE) Ratio 0.45
FCF Yield -0.9 %
Revenue QoQ 12.07 %
Revenue YoY 16.11%
Profit QoQ 10.72 %
Profit YoY 13.76 %
Profit Margin (Sector Median: 10.9) 32.76 %
ROE (ROIC: 11.13) 12.92 %
Dividend Per Share (DPS) 8.75 sen
Dividend Yield (DY) 1.96 %


YINSON :

Price : 2.53
NTA : 1.77
P/B : 1.43

EPS 27.58 sen
Trailing PE (Sector Median: 10.2) 9.2
Current Ratio 0.64
Debt-Equity (DE) Ratio 2.27
FCF Yield -10.92 %
Revenue QoQ -13.49 %
Revenue YoY -34.13%
Profit QoQ -1.48 %
Profit YoY -19.35 %
Profit Margin (Sector Median: 5.9) 9.92 %
ROE (ROIC: 4.16) 10.24 %
Dividend Per Share (DPS) 4.0 sen
Dividend Yield (DY) 1.58 %


JAKS :

Price : 0.13
NTA : 0.60
P/B : 0.22

EPS 0.71 sen
Trailing PE (Sector Median: 20.3) 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 %
Profit Margin (Sector Median: 3.8) 35.93 %
ROE (ROIC: 0.73) 0.93 %
Dividend Per Share (DPS) 0.0 sen

Dividend Yield (DY) 0.0 %

JAKS announced on 30/12/2024 given out Dividend after 10 years is No Dividend .. DY 3.7 %

Posted by jjohnchew > 2 weeks ago | Report Abuse

Hoho Repost from Yinson :

MFCB :

Price : 4.47
NTA : 3.18
P/B : 1.41

EPS 44.47 sen
Trailing PE (Sector Median: 16.3) 10.1
Current Ratio 1.79
Debt-Equity (DE) Ratio 0.45
FCF Yield -0.9 %
Revenue QoQ 12.07 %
Revenue YoY 16.11%
Profit QoQ 10.72 %
Profit YoY 13.76 %
Profit Margin (Sector Median: 10.9) 32.76 %
ROE (ROIC: 11.13) 12.92 %
Dividend Per Share (DPS) 8.75 sen
Dividend Yield (DY) 1.96 %


YINSON :

Price : 2.53
NTA : 1.77
P/B : 1.43

EPS 27.58 sen
Trailing PE (Sector Median: 10.2) 9.2
Current Ratio 0.64
Debt-Equity (DE) Ratio 2.27
FCF Yield -10.92 %
Revenue QoQ -13.49 %
Revenue YoY -34.13%
Profit QoQ -1.48 %
Profit YoY -19.35 %
Profit Margin (Sector Median: 5.9) 9.92 %
ROE (ROIC: 4.16) 10.24 %
Dividend Per Share (DPS) 4.0 sen
Dividend Yield (DY) 1.58 %


JAKS :

Price : 0.13
NTA : 0.60
P/B : 0.22

EPS 0.71 sen
Trailing PE (Sector Median: 20.3) 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 %
Profit Margin (Sector Median: 3.8) 35.93 %
ROE (ROIC: 0.73) 0.93 %
Dividend Per Share (DPS) 0.0 sen

Dividend Yield (DY) 0.0 %

JAKS announced on 30/12/2024 given out Dividend after 10 years is No Dividend .. DY 3.7 %

Posted by jjohnchew > 2 weeks ago | Report Abuse

Hoho u r referring u ke as promoted Serba as a Story Teller without facts n figures even knew in Account Fraud until is Delisted !!! Per my post in Yinson .

—-
Posted by Philip ( buy what you understand) > 1 hour ago | Report Abuse

How come jaks is a penny stock while mfcb and yinson with billions? Everyone is blind except for John chew

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho JediMasker new id from Yinson ke …why Lambo is Delisted on October 2024 ….

—

Posted by Investor686868 > 1 hour ago | Report Abuse

Telalu ramai orang kena tipuh saham ni.

Posted by MrFox > 1 week ago | Report Abuse

hoho...jjohnchew@@@@ better sell now be4 it goes to 0.10!!!! then ur balls will be less deflated!!!

Posted by xiaoeh > 1 week ago | Report Abuse

don't play play...
every dog has its day bro...😬

Posted by xiaoeh > 1 week ago | Report Abuse

as long as fund does not rupture...
Jaks may fly...

Posted by MrFox > 1 week ago | Report Abuse

u mean to say this dog is a lame dog now??!!

hoho

Posted by xiaoeh > 1 week ago | Report Abuse

let see how next few quarterly results...
if remain positive = confident boots = who knows...?

hoho maybe by then MrFox switch tone...?😂

Posted by xiaoeh > 1 week ago | Report Abuse

first thing first Jaks must secure more local projects
big and small...

Posted by xiaoeh > 1 week ago | Report Abuse

put aside financial issue
the capability is there
just that they put too much focus on Vn project in the past

Posted by xiaoeh > 1 week ago | Report Abuse

i'm not so sure how thing will turn out in the end
seems like the management does not want to give up
let see how thing evolve

good or bad decision = passed = hero management
good or bad decision = failed = sucks management

Posted by xiaoeh > 1 week ago | Report Abuse

what is con company
con company usually sits on pile of cash with fewer unrelated activities
once in the while they will ride with MOU signed with hottest thematic play and then MOU lapse

can we buy con company and ride with them?
ofcoz we can
with calculated risk and in the first place have exit plan in mind

what about buying company or something without inherent underlying value or assets?
think again before answering no...
what about Crypto like Bitcoins etc...?
ofcoz we can
and again
with calculated risk and in the first place have exit plan in mind

what about Jaks
is Jaks a con company? or a company without underlying value?
and ofcoz Jaks may go bust anytime if fund rupture

Posted by xiaoeh > 1 week ago | Report Abuse

just talking cock😂

Bye😂

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho as posted earlier on Jaks cash n cash equivalents, that the Other Operating, Administrative expenses is greatly reduced.

👉Good for Jaks to reduced the years loss making business… esp on local Construction contracts on investment properties , eg : RM 1.1 billion Pacific Star Towers and Highway… eg : RM 509 million SUKE


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 Jaks , Solarvest , Sunview and Gading Kencana not in the LSS5 2000 MW Shortlisted list also . ( LSS4 823 MW ) . These 4 companies are LSS4 n CGPP Winners.

Posted by Sslee > 1 week ago | Report Abuse

If jaks fail to raise cash from MNH RM 250 million MTN for repayment of bank borrowing then what will happen to Jaks?

By the way any investors interest in taking up jaks MNH RM 250 million MTN ?
And what will be MNH MTN interest/coupon rate?

Summarised statements of profit or loss and other comprehensive income for the
financial year ended 31 December 2023:
FP MNH Total
RM RM RM
Revenue 4,167,025 6,096,978 10,264,003
Expenses including taxation (10,817,016) (6,740,356) (17,557,372)
Net loss for the financial year, representing total comprehensive loss for the financial year (6,649,991) (643,378) (7,293,369)
Attributable to:
Non-controlling interest (3,258,495) (315,255) (3,573,750)
Other individually immaterial
non-controlling interest (1,372,966)
Total non-controlling interest (4,946,716)

Posted by jjohnchew > 1 week ago | Report Abuse

>> Vietnam JV Power Plant is a Capital Intensive Project with Value USD 1.87 Billion ( RM 8.7 Billion) .. 
Construction is started on 2016 , 2 unit Power Plant final COD on January 2021 :


Hoho Jaks insiders had been monitoring n controlling the Net Gearing Ratio in a Healthy Level : 


> FYE2015 : 0.80 X



1.) FYE2019 : 0.43 X 





2.) FYE2020 : 0.34 X 





3.) Referred to FY23 , 1 QR ended March 2023 : 0.38 X 





4.) Referred to FY23 , 2QR ended June 2023 : 0.36 X 



5.) Referred to FY23 , 3QR ended September 2023 : 0.35 X


6.) Referred to FY23 , 4QR ended December 2023 : 0.35 X


7.) 1QR ended March 2024 :

Gearing Ratio = 0.29 X 


8.) 2QR ended June 2024 :

Gearing Ratio = 0.30 X


9.) 3QR ended September 2024 :

Gearing Ratio = 0.30 X

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho JAKS ‘ MTN is not only for Evolve Concept Mall , also for Pacific Towers :

The proceeds from the issuance of the MTNs under the MTN Programme shall be utilised for the following purposes:

a. to refinance the Issuer’s existing financings/borrowings, including to redeem/pay any outstanding MTNs issued under the MTN Programme (in whole or in part) and any part of interest/ coupon of the borrowings/ MTNs;

👉b. to fund capital expenditure of the Issuer and/or the relevant obligor of the MTN Programme in relation to the management of Evolve Concept Mall, Pacific 63 commercial lots and such other properties to be identified and agreed between MNH Global, the Lead Arranger/Lead Manager and the identified subscriber of the MTN;

c. to fund the working capital requirements of the Issuer;

d. to repay intercompany loans/ shareholders or directors’ advances for the purpose of principal and coupon/interest payments of the outstanding MTNs and the Existing Financing, if any; and

e. such other purpose to be determined by the Issuer and agreed upon by the Lead Arranger/Lead Manager and the identified subscriber of the MTNs.

Public Investment Bank Berhad is the Principal Adviser, Lead Arranger and Lead Manager in respect of the MTN Programme.

This announcement is dated 6 December 2024.

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho as on CGPP 30 MW Capex funding n time line :


JAKS Solar Power also participated in
the Corporate Green Power
Programme (CGPP) with multiple
partners and was successfully
selected as a solar power producer
with a capacity of 29.99MW on 7
August 2023, together with two other
consortium partners. 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)

A) What is the expected development
cost to be contributed by JAKS for
the new project under CGPP?
B) Considering JAKS's current
negative net cash position, how
does the Group plan to finance the
funds required for this project?

A) The total development cost for the project is being
worked out currently and estimated at approximately
RM130.0 million, funded by a combination of debt and
equity, of which JAKS’ portion is estimated to be
between RM15.0 – RM20.0 million.

B) The funding plan includes internally generated funds
such as dividend received from our oversea
operations, JAKS Hai Duong Power Limited Co

Posted by jjohnchew > 1 week ago | Report Abuse

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 .

Posted by jjohnchew > 1 week ago | Report Abuse

Hoho JAKS started to raise Funds for coming projects contracts and future Growth:

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


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.

Posted by Sslee > 1 week ago | Report Abuse

As at 31 Dec 2023
FP current assets RM 910,656 and current liabilities RM 221,684,498
MNH current assets RM 5,764,090 and current liabilities RM 204,961,046

Is RM 250 million MNH MTN able to take care of MNH (Evolve mall) and FP (Pacific Tower) total current liabilities of RM 426,645,544?

Summarised statements of financial position as at 31 December 2023:
FP MNH Total
RM RM RM
Non-current assets 232,040,920 324,605,814 556,646,734
Current assets 910,656 5,764,090 6,674,746
Total assets 232,951,576 330,369,904 563,321,480
Current liabilities 221,684,498 204,961,046 426,645,544
Non-current liabilities 64,635,068 196,443,411 261,078,479
Total liabilities 286,319,566 401,404,457 687,724,023
Total equity (53,367,990) (71,034,553) (124,402,543)
Attributable to:
Non-controlling interest (26,150,315) (34,806,931) (60,957,246)
Other individually immaterial
non-controlling interest (556,599)
Total non-controlling interest (61,513,845)

Posted by Sweetheart_17 > 1 week ago | Report Abuse

Sale .v v