Posted by Johnchew5 > 5 days ago | Report Abuse

2.) Referred QR ended March 2024 :

PowerSeraya n TNB Genco entered into an arrangement to export n import 100 MW of electricity to Singapore via the newly upgraded interconnector between the 2 countries..

👉No update of any progress in QR ended June 2024 ??

Posted by Johnchew5 > 5 days ago | Report Abuse

👉2000 MW RE from Australia

Hoho very interesting lo to do an illustration:

( Australian company Sun Cable plans to build a 12,400-hectare solar farm and transport electricity to the northern Australian city of Darwin via an 800-kilometer (497-mile) overhead transmission line, then on to large-scale industrial customers in Singapore through a 4,300-kilometer (2,672-mile) submarine cable.)

> 4,300 km x USD 2.5 million per km = USD 10,750 million = USD 10.75 Billion.

Question : LTMS RE power supply agreement signed on 2022 , but is cancelled due to Singapore not agreed on the inter-connector upgrading cost . Maybe another risk is on Laos - Thailand - Malaysia- Singapore power grid differences n involved 4 parties.

Australia- Indonesia- Singapore involved 3 parties.

And on cost compared to TNB RM 90.0 Billion Capex from 2025 to 2030 .


> PublicInvest upgrades TNB to 'outperform', expects capex to increase by RM1b to RM2b yearly to meet data centre power demand
By Isabelle Francis / theedgemalaysia

19 Jul 2024, 11:15 am

KUALA LUMPUR (July 19): Tenaga Nasional Bhd (KL:TENAGA) or TNB is expected to keep increasing its capital expenditure (capex) beyond 2030, with an additional RM1 billion to RM2 billion a year, to maintain its power grid infrastructure, which recently hit new peak demand due to data centres, said PublicInvest Research.

The additional capex is on top of TNB’s committed RM90 billion for six years until 2030, to support energy transition initiatives and system upgrades. 

Posted by Jonathan168138 > 5 days ago | Report Abuse

Singapore carbon tax rate currently at S$5/tCO2e is set to rise progressively till 2030:

2024 - 2025 : S$25/tCO2e
2026 – 2027 : S$45/tCO2e
2028 – 2030 : S$50 – S$80/tCO2e

Is YTL Seraya Power ready for energy transition from fossil fuels (majority in natural gas) to clean Energy?

What is the plan?

Posted by chon99 > 5 days ago | Report Abuse

https://www.trade.gov/market-intelligence/singapore-clean-energy-road-map
Singapore green energy road map

Posted by Jonathan168138 > 5 days ago | Report Abuse

If following Singapore government's road map, in future the renewable energy will be imported from neighbouring countries like Indonesia, Cambodia, Malaysia and even Australia.

What is the role of YTL's Seraya Power in the future? Can transition into renewable energy provider or close shop or paying more Carbon Tax? Anyone know what is the plan?

Posted by chon99 > 1 hour ago | Report Abuse

https://www.trade.gov/market-intelligence/singapore-clean-energy-road-map
Singapore green energy road map

Posted by Johnchew5 > 5 days ago | Report Abuse

Hoho no worries , Promoters Dragon n Otb are the right persons to post the Positive Views with facts n figures. Forumers here will be much appreciated their efforts.

Posted by Jonathan168138 > 5 days ago |

Post removed.Why?

Posted by chon99 > 5 days ago | Report Abuse

https://theedgemalaysia.com/node/698982
Old news but the report has given us an insight to the bright future of Power Seraya which was acquired by YTL Power from Temasek, a state unit of Singapore

Posted by Jonathan168138 > 5 days ago | Report Abuse

After spending 2.8 Billion ringgit to build 600 MW hydrogen ready plant. YTL Seraya total capacity 3100 MW. So need total 14.4 billion to convert into zero emission power plant, is my calculation correct?


Posted by chon99 > 1 minute ago | Report Abuse

https://theedgemalaysia.com/node/698982
Old news but the report has given us an insight to the bright future of Power Seraya which was acquired by YTL Power from Temasek, a state unit of Singapore

Posted by Johnchew5 > 5 days ago | Report Abuse

Hoho interesting subject lo :

> PowerSeraya 2 Power Plant are anticipated going to be phase out due to the Service life :


> Steam Turbine Power Plant thermal project with a capacity of 1,448MW by 2027 ..


Pulau Seraya Combined Cycle Power Plant is a 1,472MW by by 2026 to 2031 .

>> Total Capacity = 2,920 MW

There is a New Power Plant announced on : 2 Feb 2024 — The construction of a 600MW hydrogen-ready CCGT is estimated to cost $800 million and is targeted to be completed by 31st December 2027.

👉 At the moment, Singapore is planned to import 2,000 MW Solar RE from Australia.

👉👉Forseen PowerSeraya future earnings Shl be deteriorating ..🤔

Posted by Johnchew5 > 5 days ago | Report Abuse

Hoho looks like better closed down the 2 PowerSeraya Plants earlier lo ..😱

Posted by Jonathan168138 > 5 days ago | Report Abuse

Hi Mike this Steam Turbine Power Plant still a oil fired power plant. Still not zero emissions right? Have to pay Singapore government a lot of Carbon Tax betul?


> Steam Turbine Power Plant thermal project with a capacity of 1,448MW by 2027 ..

Posted by Johnchew5 > 5 days ago | Report Abuse

Hoho from Vietnam?? Last year Northern Vietnam Hot season : May , June n July facing shortages of Power Supply ( Not RE electricity) , want to get power supply from Laos .

—/

The country also aims to boost solar capacity to 2GW to 4GW of interconnections to import clean electricity from neighboring countries like Vietnam and Indonesia, which is in line with its green plan. Renewable generation is projected to increase from 4% in 2022 to 40% by 2035.

Posted by Jonathan168138 > 5 days ago | Report Abuse

The AI data centers are hungry for power especially green energy. Malaysia could be shortage of electricity power soon, especially the renewable energy!!!

Mike any good renewable energy stock beside Jaks ah?

Posted by michealjohn009 > 5 days ago | Report Abuse

YTL Power’s dividend strategy reflects the nature of capex-intensive industries like utilities. As mentioned, while the dividend yield might seem low, the company’s focus on reinvesting earnings into growth has driven significant share price appreciation, which benefits long-term investors. For novice investors, understanding this balance is crucial: you may not get high immediate returns through dividends, but a strategic hold can result in capital gains.

Moreover, for those managing diverse portfolios and tracking such growth, exploring reliable tools like mobile editing apps can help keep financial records and presentations well-organized.

mobile editing apps: https://inshotproapk.in

Posted by Johnchew5 > 5 days ago | Report Abuse

Hi Jonathan, yes still a oil fired power plant.

Because the turbine generates rotary motion, it can be coupled to a generator to harness its motion into electricity. Such turbogenerators are the core of thermal power stations which can be fueled by fossil fuels, nuclear fuels, geothermal, or solar energy. About 42% of all electricity generation in the United States in the year 2022 was by use of steam turbines.

—

Posted by Jonathan168138 > 7 minutes ago | Report Abuse

Hi Mike this Steam Turbine Power Plant still a oil fired power plant. Still not zero emissions right? Have to pay Singapore government a lot of Carbon Tax betul?


> Steam Turbine Power Plant thermal project with a capacity of 1,448MW by 2027 ..

Posted by Johnchew5 > 5 days ago | Report Abuse

Hoho I had done a comparison earlier:

Current Price : Jaks RM 0.15 , Samaiden RM 1.12 , Solarvest RM 1.56


>>Hoho if Jaks Net Profit RM 55 million, then Price Shl be RM 0.76

—-

Hoho Let’s do a comparison of Jaks with 2 other Solar Companies ..

👉Jaks NTA 0.63 , the other 2 NTA : 0.35 n 0.3033 …

👉Jaks had Won the 6 years Legal battle against Star claim from Federal Court on March 2024 .. now is counter claimed Star over RM 540 million which case management is scheduled by August 2025 ..

👉Despite continual contributions from Vietnam Power Plant … LSS4 is expected to be contributing positively by 2024 ..( Completed n Commissioned on 21 August 2023 with 25 concession years tenure .) :

1.) QR ended September 2023 :

Revenue : 3.3 Million , Loss ( RM 1.4 Million) due to Depreciation.

2.) QR ended December 2023 :

Revenue: 4.3 Million , Loss ( 0.4 Million ) due to Depreciation.

3.) QR ended March 2024 :

👉Revenue: 5.3 Million , Profit RM 0.96 Million

👉 Jaks : PE 35.65 with EPS 0.53 Sen

👉👉Illustration: If EPS 1.06 Sen … PE = 35.65/2 = 17.83

With NOSH 2606.84 million … Required Profit RM 27.63 million..

👉👉👉 Price then Shl be .. RM 0.38 ( by Direct ratio )

👉👉👉👉See Jaks yearly Profit :
2021 : RM 51.9 million
2022 : RM 53.5 million
2023 : RM 15.5 million
2024 ( 1st Quarter) : RM 12.4 million


-

Jaks :

ROE 0.84
P/E 35.65
EPS 0.53
NTA 0.6300



Solarvest :
ROE 13.20
P/E 39.35
EPS 4.6
NTA 0.3500

Samaiden :
ROE 10.55
P/E 38.49
EPS 3.20
NTA 0.3033



—

Posted by Jonathan168138 > 3 minutes ago | Report Abuse

The AI data centers are hungry for power especially green energy. Malaysia could be shortage of electricity power soon, especially the renewable energy!!!

Mike any good renewable energy stock beside Jaks ah?

Posted by Sslee > 5 days ago | Report Abuse

The question can jaks make NP of 55 million when at every q4 big impairment lossess on trade and other receivable?

At ROE of 0.84 and EPS of 0.53 sen and with another bad 2024 financial result, it is inevitable jaks price will drop to 5 to 8 sens range

Jaks yearly Profit :
2021 : RM 51.9 million
2022 : RM 53.5 million
2023 : RM 15.5 million
2024 ( 1st Quarter) : RM 12.4 million

Jaks :
ROE 0.84
P/E 35.65
EPS 0.53
NTA 0.6300

Posted by Johnchew5 > 5 days ago | Report Abuse

Combined cycle plants are usually powered by natural gas, although fuel oil, synthesis gas or other fuels can be used. The supplementary fuel may be natural gas, fuel oil, or coal. Biofuels can also be used.

Posted by Johnchew5 > 5 days ago | Report Abuse

Hoho YTL PowerSeraya’s core power generation business has a licensed capacity of 2,047.7MW.

These 2 Power Plant ke :

1.) > Steam Turbine Power Plant thermal project with a capacity of 1,448MW by 2027 ..


2.) There is a New Power Plant announced on : 2 Feb 2024 — The construction of a 600MW hydrogen-ready CCGT is estimated to cost $800 million and is targeted to be completed by 31st December 2027.



—-

Posted by Huangbk722 > 5 minutes ago | Report Abuse

Without fail.. Everytime you see Miketikus posting.. U can expect gibberish. Once you fact check, you find rubbish 😁

Now we see Bonnie and Clyde talk about oil thermal plant 🤣🤣

I dont need to explain anymore.. Look below link from YTLPowerSeraya :

https://ytlpowerseraya.com.sg/about-us/our-key-business/

Power Generation
YTL PowerSeraya’s core power generation business has a licensed capacity of 2,047.7MW. The majority of our power plant assets sit on Jurong Island, of which currently 99% of the power generated comes from natural gas, the least carbon intensive fossil fuel.

Posted by Jonathan168138 > 5 days ago | Report Abuse

Natural gas still a fossil fuel, it is not a zero emissions energy. Still have to pay Singapore government a huge amount of Carbon tax in the future.

I don't see the what is YTLP's futute plan except that 600MW hydrogen ready power plant a whopping 2.8 billion Capex for just 600MW!

Posted by Sslee > 5 days ago | Report Abuse

By the way jaks JHDP coal fired power plant most likely has no future and that is why banker change the loan into 10 year term loan.

Hence only come back in 2030 to have a second look at jaks.
Meanwhile it is inevitable jaks price will drop to 5 to 8 sens range

Posted by Jonathan168138 > 5 days ago |

Post removed.Why?

Posted by Johnchew5 > 5 days ago | Report Abuse

Hoho Jaks impairment losses on trade n other receivables:


The contract value of the Vietnam EPC contract is USD454.5 million and the cumulative revenue recognised is RM1.7 billion as stated in the 2020 annual report which indicates a balance order book of RM184 millions. There is a discrepancy of more than RM100m when compared to the amount shown in the webinar presentation slide. Please provide the USD equivalent of the total revenue recognised.

- The total accumulated revenue recognised until FY2020 was at USD410.6 million, which represents a substantial profit of the contract since the project is at tail end.

3.
As reported by Affin Hwang that the engineer has yet to sign off the work done despite the powerplant achieving fully COD. Is it true that the power plant was having some boiler problems in Q1 2021, hence causing the power plant to be operating at less than full capacity? Has this affected the capacity payment in Q1FY2020?

- The remaining parts of the unsigned work relates civil works under the EPC2 package, which do not directly affect the capacity output of the plant.

- It is normal for minor issues to be encountered in any course of operations. The EPC1 contractor has rectified the problems as it is still under their warranty period.

-The power plant has started operating and producing electricity and generated revenues.



Jaks

Environmental impact

As of February 2020, a permit application for the plant's slag disposal site had not yet been approved.[13]

In April 2023, JAKS was fined 210 million VND and required to return an additional 1.86 billion VND in profits for the illegal use of protected forest land since early 2019.

—-



Posted by Sslee > 6 minutes ago | Report Abuse

The question can jaks make NP of 55 million when at every q4 big impairment lossess on trade and other receivable?

Posted by Sslee > 5 days ago | Report Abuse

Whatever carbon tax imposed will finally to be bear by consumers.
As business will still go on.

Posted by Jonathan168138 > 5 days ago |

Post removed.Why?

Posted by Jonathan168138 > 5 days ago | Report Abuse

Mr. Lee the Singapore government's roadmap is import renewable energy from neighbouring countries like Indonesia,Cambodia,Malaysia and Australia. The end consumers will find the renewable energy cheaper than fossil fuel energy in the future after the Carbon Tax.


Posted by Sslee > 27 seconds ago | Report Abuse

Whatever carbon tax imposed will finally to be bear by consumers.
As business will still go on.

Posted by Jonathan168138 > 5 days ago |

Post removed.Why?

Posted by Johnchew5 > 5 days ago | Report Abuse

Hoho why taking longer time to pay the borrowings as able to pay it in 10 years , save a lot of interest payments ke , as the concession is 25 years .. what a TinKosongLee boyy .🤣

Jaks

1.) Vietnam Power Plant Share of Profit n Dividends :


2020 : RM 3.8 million ( 1 Power Plant is COD on Nov 2020 )


2021 : RM 140.7 million ( The 2nd Power Plant is COD on January 2021 ) .


2022 : RM 156.2 million , Dividend RM 70.0 million


2023 : 1QR = RM 28.326 M , 2QR = RM 32.312 M , 3QR = RM 35.862 M , 4QR = RM 34.503 M plus Dividend RM 27.386 M

2023 : RM 131 million , Dividend RM 27.385 million


Total Share of Profit = RM 431.703 Million

Total Dividend = RM 97.386 Million

Total = RM 529.089 Million

> Share of Profit in QR ended March 2024 =
RM 32.384 million

>> G. Total = RM 561.463 million


Jaks 30 % share in Vietnam Power Plant Joint Venture invested ard RM 600 Million.
( RM 400 million is from the Profit of Construction of the Vietnam Power Plant)

Initially PayBack 8 to 9 years ..

Referring to the Grand Total , PayBack period is by 2024 .. ie : from 2021 to 2024 ~~ 4 years ..

👉From Vietnam Power Plant 1200 MW EPCC RM 8.7 Billion started on October 2016 ,
Payback period is 8 years.


按照购电协议，电力售价将随原料价格波动。意味着业务盈利贡献获得保证。Jaks管理层曾透露内部回酬IRR介于12%，PAYBACK PERIOD为8至9年

—-


Posted by Sslee > 6 minutes ago | Report Abuse

By the way jaks JHDP coal fired power plant most likely has no future and that is why banker change the loan into 10 year term loan.

Hence only come back in 2030 to have a second look at jaks.
Meanwhile it is inevitable jaks price will drop to 5 to 8 sens range.

Posted by Johnchew5 > 5 days ago | Report Abuse

Hoho oh on Jaks : oredi hit the Lowest RM 0.12 .. current price is RM 0.15 .

Posted by Johnchew5 > 5 days ago | Report Abuse

Hoho TinKosongLee boyy n yr MsHuang cannot do simple maths ke , only manyat panlai on Kon maths ke .

—-

Posted by Johnchew5 > 40 minutes ago | Report Abuse

Hoho YTL PowerSeraya’s core power generation business has a licensed capacity of 2,047.7MW.

These 2 Power Plant ke :

1.) > Steam Turbine Power Plant thermal project with a capacity of 1,448MW by 2027 ..


2.) There is a New Power Plant announced on : 2 Feb 2024 — The construction of a 600MW hydrogen-ready CCGT is estimated to cost $800 million and is targeted to be completed by 31st December 2027.



—-

Posted by Huangbk722 > 5 minutes ago | Report Abuse

Without fail.. Everytime you see Miketikus posting.. U can expect gibberish. Once you fact check, you find rubbish 😁

Now we see Bonnie and Clyde talk about oil thermal plant 🤣🤣

I dont need to explain anymore.. Look below link from YTLPowerSeraya :

https://ytlpowerseraya.com.sg/about-us/our-key-business/

Power Generation
YTL PowerSeraya’s core power generation business has a licensed capacity of 2,047.7MW. The majority of our power plant assets sit on Jurong Island, of which currently 99% of the power generated comes from natural gas, the least carbon intensive fossil fuel.

Posted by Jonathan168138 > 5 days ago |

Post removed.Why?

Posted by Jonathan168138 > 5 days ago |

Post removed.Why?

Posted by Jonathan168138 > 5 days ago |

Post removed.Why?

Posted by Johnchew5 > 5 days ago | Report Abuse

> PowerSeraya 2 Power Plant are anticipated going to be phase out due to the Service life :


> Steam Turbine Power Plant thermal project with a capacity of 1,448MW by 2027 ..


Pulau Seraya Combined Cycle Power Plant is a 1,472MW by by 2026 to 2031 .

>> Total Capacity = 2,920 MW

There is a New Power Plant announced on : 2 Feb 2024 — The construction of a 600MW hydrogen-ready CCGT is estimated to cost $800 million and is targeted to be completed by 31st December 2027.

Posted by Jonathan168138 > 5 days ago |

Post removed.Why?

Posted by Jonathan168138 > 5 days ago |

Post removed.Why?

Posted by Jonathan168138 > 5 days ago |

Post removed.Why?

Posted by Jonathan168138 > 5 days ago | Report Abuse

Hahahahaha don't talk so much 🤣 😂 😅
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Posted by Sslee > 5 days ago | Report Abuse

Singapore will still depend on local power generation for security reason and the cleaner fuel for power generation is natural gas or hygrogen produce from green energy.

Unlike jaks JHDP most dirty coal power plant, a policy change will phase out the plant moreover BOT mean at the end of BOT plant need to tranfer back to Vietnam government in working condition or need money to dismantle and return back the land to its original condition.

While YTLpower own the power plant and the land and thus is allowed to renew/rebuild any power plant sit on it if plant become obsolete or no more economically to operate or available of new technology.

Posted by Johnchew5 > 5 days ago | Report Abuse

Hoho Vietnam PDP8 key sentences that Shl benefits Jaks : 



1.) After 2030, Vietnam would not develop any new coal-fired power plants, and active plants that are 20 years or older will begin transitioning to biomass or ammonia. Plants over 40 years old that cannot achieve this fuel switch will be retired. 



2.) Vietnam also aims to install rooftop solar on half of all office buildings and homes by 2030, ultimately generating up to 189 GW by 2050. In a press release on May 16, 2023, the government stated "[f]rom now until 2025, there is no limit to the capacity of rooftop solar power development provided that the prices are reasonable and the existing transmission network is not overloaded."1. 



👉 Vietnam previously experienced a boom in solar development in 2019 and 2020, but much of the electricity could not be delivered to the grid without transmission and other capacity upgrades. PDP8's planned investments in transmission and distribution infrastructure could alleviate these issues and bolster Vietnam's transition to rely more heavily on renewable energy sources.


👉 In a press release on May 16, 2023, the government stated "[f]rom now until 2025, there is no limit to the capacity of rooftop solar power development provided that the prices are reasonable and the existing transmission network is not overloaded."1.


-

Hoho Jaks is the 1st Company completed the LSS4 50 MW Local Solar Project in Penang among the 10 companies being awarded.. Commercial Operating Date on August 2023 … 



And also secured another Local Solar Project CGPP 30 MW on August 2023 . 


Posted by Johnchew5 > 5 days ago | Report Abuse

Hoho Jaks Vietnam 1200 MW Power Plant is fully Commercial Operation Date on January 2021 ..

Where as Toyo Ink Vietnam Power Plant contract is terminated half way .

Invested in by Toyo Ink Group Berhad, the plant features two 1,060 MW generators. With an estimated cost of approximately $3 billion, the 2.12GW thermal power plant is considered one of the important projects in Vietnam's National Power Development Plan VIII.11 Jun 2024

Posted by ks55 > 5 days ago | Report Abuse

Both Crescendo and YTLP will have opening trade at 4.13

Which one will perform better by 30 Sept in terms of :
1. Share price
2. EPS
3. Dividend per share

Posted by Johnchew5 > 5 days ago | Report Abuse

Hoho TinKosongLee boyy any more facts n figures to support YTLpower??

Posted by star899 > 5 days ago | Report Abuse

Favourable factors:
1) Dow Jones + 462 points
2) Nasdaq + 258 points
( Friday 23-08-2024 closing)
3) Imminent US rate cut in September 2024
4) Stable government with capable leadership of our Prime Minister Datuk Seri Anwar Ibrahim
5) Expectation of influx of funds looking for solid heavy counters and YTL Power could be one of them and most importantly due to our stable government and Malaysia becomes a safe haven for local and foreign investors.
6) YTL Power's spectacular quarter results at 30-06-2024

Unfavorable factors:
1) Escalation of Middle East war
2) Rise of oil price due to Middle East war.

The rest is up to the Bursa Market forces to react .

Posted by Sslee > 5 days ago | Report Abuse

Is Mike/John is trying to warn Jaks investor by 2040 JHDP will need to stop operation or big CAPEX for transitioning to biomass or ammonia?
After 2030 pay off borrowing (then 10 years big capex for major MTA)then only have 10 more years to recoup the investment

1.) After 2030, Vietnam would not develop any new coal-fired power plants, and active plants that are 20 years or older will begin transitioning to biomass or ammonia. Plants over 40 years old that cannot achieve this fuel switch will be retired

Posted by Jonathan168138 > 5 days ago |

Post removed.Why?

Posted by Johnchew5 > 4 days ago | Report Abuse

Hoho no worries, Jaks Vietnam 1200 MW Power Plant is Fully COD on January 2021 ..reach 20 years operating, ie on year 2040 …

—


Posted by Sslee > 4 minutes ago | Report Abuse

Is Mike/John is trying to warn Jaks investor by 2040 JHDP will need to stop operation or big CAPEX for transitioning to biomass or ammonia?
After 2030 pay off borrowing (then 10 years big capex for major MTA)then only have 10 more years to recoup the investment

1.) After 2030, Vietnam would not develop any new coal-fired power plants, and active plants that are 20 years or older will begin transitioning to biomass or ammonia. Plants over 40 years old that cannot achieve this fuel switch will be retired

Posted by Johnchew5 > 4 days ago | Report Abuse

Hoho Kon tricks ke :

Posted by Johnchew15 > 5 minutes ago | Report Abuse

Yalah I lost so much in JAKS in year 2000 because I follow wrong sifu mah.Up till today I consider otb my enemy.
@musangfoxking if you attack sifu otb to help in my reveng efforts , you can sleep with my mother or wife as you wish.

Posted by Johnchew5 > 4 days ago | Report Abuse

Hoho those Despicable shameless Konartist sslleee Kon gang tricks as usual .