Posted by la huat > 2020-12-16 10:09 | Report Abuse

7 hari lagi siap tria run 336h.nati baru blh merry christmas

Posted by Martin99 > 2020-12-16 10:14 | Report Abuse

JAKS current price @ RM0.645

PE VALUATION :
Both Jaks and MFCB have notable similarities in businesses and risk profiles, hence, they should have similar valuation.

MFCB is currently trading at 11.5 times earnings of Don Sahong. Given the same PE ratio, Jaks should be trading around RM1.70 after it has acquired additional 10% interest in JHDP and the power plant achieved full potential.


DCF VALUATION:
A stream of FCF of between RM300m to RM400m to Jaks for the next 25 years is worth between RM2.15 to RM2.85 per share in present value. The 25 years of FCF is more than just cash, they are sources of capital to more business opportunities !

* Data from DK's articles

Posted by Asyraf96 > 2020-12-16 11:21 | Report Abuse

Ready jakss guyss

Posted by Sslee > 2020-12-16 11:23 | Report Abuse

Haha why only stop at a stream of FCF of between RM300m to RM400m to Jaks for the next 25 years is worth between RM2.15 to RM2.85 per share in present value.

Need to add in many MW of solar plants and it is worth RM 10+

Posted by HuatEveryday > 2020-12-16 11:38 | Report Abuse

Operator not collecting enough? Keep selling 2 lot 0.635 to trick people into selling... please sell down to 0.600, I want to collect also...

Posted by Value_Investor_888 > 2020-12-16 12:01 | Report Abuse

Look at the chart trend and signal..the correction seem going to be completed. Price will move up soon!!!!!

Posted by stockraider > 2020-12-16 12:03 | Report Abuse

Sell lah...!!

Jaks is a conman sohai stock mah...!

Posted by Sslee > Dec 16, 2020 11:23 AM | Report Abuse

Haha why only stop at a stream of FCF of between RM300m to RM400m to Jaks for the next 25 years is worth between RM2.15 to RM2.85 per share in present value.

Need to add in many MW of solar plants and it is worth RM 10+

Posted by la huat > 2020-12-16 12:09 | Report Abuse

i sell my di ku to you you mau kah

Posted by huahtai98 > 2020-12-16 12:10 | Report Abuse

Haha....big bully still collecting at 0.640
Later shoot up like UFO....haha

Posted by khatulistiwa1234 > 2020-12-16 12:11 | Report Abuse

IT WILL .

Posted by khatulistiwa1234 > 2020-12-16 12:13 | Report Abuse

ROCKET STATION IS BUILD , erupt , OUT PLANET GO ...similar its POWER PLANT ....business on , PROFIT UP AND ZOOM UP .

Posted by mita29 > 2020-12-16 12:13 | Report Abuse

my big taukeh says Jaks will be "money printer" next year, see stockraider correct or my big taukeh correct... heheheheh, no buy sell recommendation.

Posted by khatulistiwa1234 > 2020-12-16 12:13 | Report Abuse

Not aim for 10 cents gap , 20 cents gap , aim for BIG SPACE 1.20 gate door .OK

Posted by huahtai98 > 2020-12-16 12:15 | Report Abuse

Big sell order is big bully psychology and bluffology.....hihihihi

Posted by khatulistiwa1234 > 2020-12-16 12:17 | Report Abuse

Beggar also know , what happen on current , they since long queue , awaiting to buy this century worthless chips .

Posted by khatulistiwa1234 > 2020-12-16 12:18 |

Post removed.Why?

Posted by khatulistiwa1234 > 2020-12-16 12:19 | Report Abuse

Invest , before regret ....earth champion chips , dark horse type , FLY HORSE .

Posted by khatulistiwa1234 > 2020-12-16 12:23 | Report Abuse

NOT TOO WORRY the inlet and outlet DANCING , this rhythm play is WAVE UP THEME , time enough the fantastic , will FIERCE HEADING ......firecracker to fullest .

Posted by Sslee > 2020-12-16 13:25 | Report Abuse

Haha deMusangking,
1MW solar power system can generate between 1,300,000 -1,600,000kWh per annum.

So JAKS can scale up solar power plant every where to whatever MW needed to generate FCF in billion.

So ALP will be the richest man in Malaysia and all JAKS shareholder will be multi-millionaire.

Posted by BLee > 2020-12-16 13:31 | Report Abuse

I apologise first before getting into the wrong kopi-tiam/forum table. Since many times MFCB being raised on this forum, I have to highlight the path MFCB go-through before getting into present price/PE. So JAKS might take years to reach MFCB level.

MFCB 1st experience on power generation.
Investment in Diesel power generation - Tawau Serudong Power Plant

 Since 2-Dec-2017, the Tawau power plant has ceased energy supply to Sabah Electricity Sdn Bhd (SESB)
following the expiry of the PPA. MFCB’s 51%-owned Serudong Power Sdn Bhd (SPSB) has decided not
to extend the PPA due to SESB’s disagreement on the proposed new commercial terms approved by the
Energy Commission and the Ministry of Energy, Green Technology and Water.
Source: https://www.google.com/url?sa=t&source=web&rct=j&url=https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download%3Fid%3D98719%26name%3DEA_GA_ATTACHMENTS&ved=2ahUKEwi7mOmQ3NHtAhVMyzgGHcX4BdwQFjADegQICBAB&usg=AOvVaw2EzGjzLSKR1lRvAQ3U8YJj

As Diesel is a process fuel from hydrocarbon, it is an expensive fuel only use for emergency generator, not for selling power for distribution.

MFCB 2nd experience on power generation.
Investment in Coal power plant in China - Shaoxing Power Plant

Since early 2015, the Shaoxing power plant has experienced heightening pressure due to various external issues beyond the company’s control.

 Management has estimated additional expenditure of about 50 million yuan (RM32 million) by end-2017 in exchange for a further five-year operating period, deeming it not commercially viable given the challenging outlook in addition to stricter control, monitoring and surveillance procedures that have to be put in place, which would contribute to higher operating costs.

Source:
 https://www.theedgemarkets.com/article/mega-first-longterm-investment

MFCB 3rd Power Generation experience.
- Don Sahong Hydropower Project

The plant is environmentally friendly because there is no dam and it run-of-the-river hydroelectricity. (Source: TheEdge, 15Dec2018)

It is cheap and viable to run as no feed stock and hazardous equipment to maintain.

Source: http://academy.shareinvestor.com.my/2019/12/12/case-study-of-mega-first-corporation-berhad-3069/

In conclusion, power generation is a ever changing business following the changes of technology. What is viable today might not be in the future. Is solar energy (India big investment news today on Solar farm as large as Singapore) the viable technology today? Europe is looking at Wind Turbine farm at sea off Norway/Holland/etc viable? Green energy will be the source of energy of the future.

The above open discussion is point to ponder on for:

@Steady Punpipi - Both Jaks and MFCB have notable similarities in businesses and risk profiles, hence, they should have similar valuation.

MFCB is currently trading at 11.5 times earnings of Don Sahong. Given the same PE ratio, Jaks should be trading around RM1.70 after it has acquired additional 10% interest in JHDP and the power plant achieved full potential.
14/12/2020 7:37 PM

 Posted by Martin99 > Dec 16, 2020 10:14 AM | Report Abuse 
JAKS current price @ RM0.645

PE VALUATION :
Both Jaks and MFCB have notable similarities in businesses and risk profiles, hence, they should have similar valuation.

Posted by Steady Punpipi > 2020-12-16 13:35 | Report Abuse

Valuation of Jaks is still laggard behind it's peers in comparison .....

Posted by DK > 2020-12-16 14:02 | Report Abuse

Sources of energy supply is always in hot debate and subject to environment scrutiny especially coal power plant. That is why operators of coal power plant in Vietnam demand security measures to be built into the BOT contracts to safeguard the foreign investment capital. Hence, the capacity payment within the power purchase agreement must be paid by Vietnam regardless of the state of operation of the power plant as long as the power plant is made available for power generation. The BOT contracts protect the operators from any change in laws or regulations. Therefore, while the Vietnam may have different policies on power generation in the future, it will not affect the BOT contract given to JHDP.

Posted by DK > 2020-12-16 14:06 | Report Abuse

The capacity payment of JHDP offers better protection compared to the take of pay PPA of Don Sahong which offers limited protection during period of drought.

Posted by Windy1974 > 2020-12-16 14:14 | Report Abuse

Beggar can't be chooser. It's easy for developed countries and citizens to criticize 3rd world countries for pollution when they have developed. Having said that, it doesn't make pollution right.
As DK highlighted, JAKS pp future payment is protected by BOT. Prospect wise, no arguement.
If you wanna argue environmental impact, then not here. While i don't consider myself environmentally friendly nor i am not.
Wanna be environmentally friendly? Don't use aircon and don't eat meat. Walk the talk

Posted by khatulistiwa1234 > 2020-12-16 14:18 | Report Abuse

Valuation on JAKS on current is SUPER UNDER VALUE , it is value , ME ALONE know better , inside my heart , HEAVEN is too close , hell kingdom is too far , imaging my ROAR .

Posted by Windy1974 > 2020-12-16 14:18 | Report Abuse

LSS very low return on capital lah. No need to promote here. I tolong tolong JAKS doesn't get it. Just give me PP profit as dividend unless you can strike another pp deal

Posted by Windy1974 > 2020-12-16 14:20 | Report Abuse

DK. now JAKS forum is becoming like others. Off

Posted by mita29 > 2020-12-16 14:25 | Report Abuse

Love green/renewable energy to help us tackle climate change, but it's simply not a reliable source of energy if used alone at least for now.

https://www.forbes.com/sites/michaelshellenberger/2019/09/05/renewables-threaten-german-economy-energy-supply-mckinsey-warns-in-new-report/?sh=399c7bc28e48

https://www.bloomberg.com/news/articles/2019-08-26/sometimes-a-greener-grid-means-a-40-000-spike-in-power-prices

Posted by Sslee > 2020-12-16 14:40 | Report Abuse

The capacity payment is to protect the Bank without it the Bank will not give you the loan.

Posted by GGecko > 2020-12-16 14:55 | Report Abuse

Wow, afternoon power ..

Posted by Value_Investor_888 > 2020-12-16 14:55 | Report Abuse

BUY BUY BUY BEFORE TOO LATE!!!!!!!!!

Posted by AnnYung > 2020-12-16 14:56 | Report Abuse

Is this the beginning of the impulsive wave?

Posted by desire > 2020-12-16 14:56 | Report Abuse

Enough collection.

Posted by la huat > 2020-12-16 14:59 | Report Abuse

di ku sudah jual kasi stockraider baru ada power

Posted by khatulistiwa1234 > 2020-12-16 15:05 | Report Abuse

LIMIT UP pending .

Posted by Steady Punpipi > 2020-12-16 15:09 | Report Abuse

Shortists now bleeding profusely

Posted by khatulistiwa1234 > 2020-12-16 15:13 | Report Abuse

Tomorrow can achieve 1.00 gate door

Posted by GGecko > 2020-12-16 15:15 | Report Abuse

Haha, I admire your enthusiasm, but must cross 70 Sen first..

Posted by Steady Punpipi > 2020-12-16 15:17 | Report Abuse

Khatu pls sing and dance for us!!!

Posted by sniper123 > 2020-12-16 15:18 | Report Abuse

khatu can u pls write in simple english la. I no understanding your jargon, OG SPY la, spy versus spy la,HOOK 9 E, GOLDEN CHICKEN, KFC la... etc khatu wat u talking la. sori la khatu, saya tiada sekola la.

Posted by GGecko > 2020-12-16 15:19 | Report Abuse

His English is queen's English. Don't play play

Posted by HuatEveryday > 2020-12-16 15:25 | Report Abuse

Can close 0.700? Hmmm.. if yes then nice....

Posted by GGecko > 2020-12-16 15:25 | Report Abuse

JAK's trading pattern is so predictable, good counter to trade n invest

Posted by shark888 > 2020-12-16 15:26 | Report Abuse

check this out https://instagram.com/bullish_snipper?igshid=ezkb643xlwqg

Posted by khatulistiwa1234 > 2020-12-16 15:30 | Report Abuse

Very very rightfulness approach , future MUST SUPER BRIGHT ...1.20 - 1.80

Posted by khatulistiwa1234 > 2020-12-16 15:31 | Report Abuse

Today close 0.72 , not a issue .

Posted by GGecko > 2020-12-16 15:31 | Report Abuse

R u sure?

Posted by GGecko > 2020-12-16 15:32 | Report Abuse

Zhen de

Posted by khatulistiwa1234 > 2020-12-16 15:34 | Report Abuse

Vigorous stock ......energy is every things ....1.00 goal goal , GOAL

Posted by khatulistiwa1234 > 2020-12-16 15:35 | Report Abuse

VERY POSITIVE ACCUMULATING , take swallow , PULL ACROSS ........