Posted by calvintaneng > 3 weeks ago | Report Abuse

Right now in USA Warren Buffet is dumping Bank of America like no tomorrow

Bank of America is saddle with hugh commercial real estate loans which are now below bank landing margin (many are underwater) or worth less their loans if sold

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha recap on Jaks :

A) why Jaks profit from Vietnam Power Plant did not generate much FCF ( Free Cash Flow ) :

1.) Allocated in FCF Growth as Investment in Joint Venture and served as some kind of security on Loans ( although CPECC did the financing ) as Vietnam Power Plant is with BOT 25 years. ( Built- Operate- Transfer).

2.) Non current asset of Investment in Joint Venture is increased from :

> March 2016 = 128,297,000

TO

> June 2024 = 943 ,960,000


3.) 1.96 billion loans ( excluded interest) to be repaid in 10 years , starting 2021 :

Each year repaid loan amount = 0.196 billion

2021 to 2023 , 3 years = 0.588 billion

> 1.96 billion- 0.588 billion = 1.37 billion ( loans balance as at January 2024 ) .

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

👉Looks like the security on Loans is getting sufficient as JHDP is paying Dividend from yearly to half yearly as on June 2024 .


B) Revenue n Profit from LSS4 Solar project 50 MW in Penang starting 2024 .

👉👉👉(TNB) was raised to 21.8 sen per kilowatt hour (kwh) effective August 2023 .

Meanwhile, the system’s marginal price under the New Enhanced Dispatch Arrangement (Neda) wholesale market is averaging about 25 sen per kwh as at June 2023, which is “a decently large premium to LSS4 winning bids of 18 to 20 sen per /kwh for 30-50MW packages,” .


Illustration with TNB 21.8 sen per kWh .

Bids 18 Sen per kWh : Profit 21.11 %

Bids 19 Sen per kWh : Profit 14.74 %

Bid 20 Sen per kWh : Profit 9.0 %

Jaks 50MW LSS4 50MW project with cost RM 200 million , ie RM 4.0 million per 1MW ) in Penang is among the 1st which completed n COD on August 2023 .


QR ended March 2024 :

👉Revenue: 5.3 Million , Profit RM 0.96 Million … 18.11 %


QR ended June 2024 :

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

Posted by Mikecyc > 3 weeks ago | Report Abuse

Jaks Gearing ratio

>> Vietnam 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 :

Jaks Gearing Ratio :


See Jaks insiders had been monitoring n controlling the 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 : 0.375 X 





4.) Referred to FY23 , 2QR ended June 2023 : 0.362 X 



5.) Referred to FY23 , 3QR ended September 2023 : 0.352 X


6.) Referred to FY23 , 4QR ended December 2023 : 0.350 X


7.) 1QR ended March 2024 :

Gearing Ratio = 0.293X 


8.) 2QR ended June 2024 :

Gearing Ratio = 0.303X

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha Jaks currently a Calculated Risk Stock is turn around to be a potential Growth stock , why ? :

A) Jaks CEO ( the only substantial shareholder from 9.9 % ( 2017 ) to 14 % ( 2023 ) , after Uncle K intention to take over with 30 % on 2017/2018 , is failed ) had successfully steered the company diversified into Power industry: Vietnam Joint Venture Power Plant 1200 MW with CPECC , EPCC value RM 8.7 Billion… construction is started on October 2016 , fully Commercial Operating Date on January 2021 with 25 years concession:

As an 30 % associate joint venture company contributing share of profit n Dividend to Jaks since 2021 :

Jaks Annual Revenue and Net Profit / ( Loss ) :


1.) FYE2020 : RM 259.4 million with Loss ( RM 80.5 Million. )


2.) FYE2021 : RM 109.7 million with Net Profit RM 51.9 million.


3.) FYE 2022 : RM 89.8 million with Net Profit RM 53.5 million.


4.) FYE 2023 : Rm 37.787 million with Net Profit RM 15.527 million..


5.) FYE 2024 :

>> 👉1QR : RM 14.2 million with Net Profit RM 12.4 million.

>> 👉2QR : RM 13.1 million with Net Profit RM 8.4 million.


B ) LSS4 50MW Solar Project in Penang is COD on August 2023 with 25 years TNB PPA ( increased from 21 years ).


1.) QR ended September 2023 :

Revenue : 3.3 Million , Loss ( RM 1.4 Million)


2.) QR ended December 2023 :

Revenue: 4.3 Million , Loss ( 0.4 Million )


3.) QR ended March 2024 :

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


4.) QR ended June 2024 :

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


👉( Note : Loss is due to Depreciation.)



C.) CGPP 30MW Solar project is awarded on August 2023 to Jaks consortium with 2 partners ( Jaks holding 51 % ) …COD is scheduled by 4Q 2025 .
Jaks Shl be benefited on the EPC contract also .

CGPP winners can sell RE electricity directly to end user / customer, but thru TNB power grid as TPA ( Third Party Access ) . CRESS details is expected to be announced in September 2024 , but the Mulling charges is announced oredi on 22/8/2024 .

800 MW CGPP winners even can sell RE electricity cross border.



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 ….. Land : 1730 acres in Terengganu is leased from TDM .


E.) CAGR : 3Y + 29.9 % TTM + 28.4 %

Posted by calvintaneng > 3 weeks ago | Report Abuse

Jaks (jaws) is worst


They ask you for monies by rights issue

and rewarded themselves with lots of free Jaks shares

https://klse.i3investor.com/web/stock/holder/4723

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha konartist pls focus back on TSH why so many Principle Officer Resigned ???

Posted by Sslee > 3 weeks ago | Report Abuse

Can it be because no LTIP free share grant like jaks?

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha only 2 times RI :

1.) RI issued in Warrant B on 2018 to Prevent Mr K Take Over intention with 30 % ( is failed ) … maturity on end 2023 ..

2.) RI with WC .. maturity on 2025 …

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha KonartistLee surfaced ke .. later konpetHuang Shl surfaced with abusive id ke !!!😱

Posted by Sslee > 3 weeks ago | Report Abuse

Aiyoyo Mike-tikus go every forum also must ptomote his jaks with his half past six figures as facts.

Posted by SEERESEARCH2023 > 3 weeks ago | Report Abuse

Well, ok. Since bank is going to collapse, and this mean say malaysia will collapse as well.
Did the bank go down a lot during the 2007 crisis. Nope. Did they make a very good come back? Yes, with split, bonus, divident and capital appreciation. By all mean, keep ur money and wait for the chance.
So, after Warren sold his finance shares, did he enter any plantation stocks like what scammer recommended ? No.

Posted by SEERESEARCH2023 > 3 weeks ago | Report Abuse

Btw, those who own TSH from ATH ARE in NEGATIVE 50% too, SINCE 2022.

Posted by prudentinvestor > 3 weeks ago | Report Abuse

"but those who own bank shares see huge lost as Maybank crashed to Rm2.50 (from Rm20.00)
public bank was 80 sen and Ammb Rm2.40"

This person is lying again, well not surprising because he has been lying on this forum for several years. I have a copy of Stock Performance Guide by Neoh Soon Kean. During the Asian Financial Crisis of 1997/98, the highest price Maybank ever went up was RM10. How could it drop from RM20? As I had pointed out in my earlier comment, Maybank had already gained over 20 times from its 1997/98 low.

Posted by prudentinvestor > 3 weeks ago | Report Abuse

"Right now in USA Warren Buffet is dumping Bank of America like no tomorrow
Bank of America is saddle with hugh commercial real estate loans which are now below bank landing margin (many are underwater) or worth less their loans if sold"

Warren Buffet's "aggressive" selling of BOA has not caused its share price to nose dive.
BOA share price
Past 5 days -0.78%
Past 1 month +6.32%
Since Jan 1 +23.57%
Past 1 year +66.45%
Past 5 years +32.06%
No sign BOA is facing real problems.

Posted by keatseongUOB > 3 weeks ago | Report Abuse

After more reading I realise Calvin may not be a sifu but the opposite. Thanks to all for the valuable input

Posted by calvintaneng > 3 weeks ago | Report Abuse

Bodohinvestor really bohong

Calvin no tell lies

It is bodohinvestor who told lies about Calvin

Maybank already split by bonus issues in 2001 and 2008

Alfred Ong my Remisier showed me 2 Maybank share scripts which he did short sell from Rm20 to below Rm3

Now Maybank adjusted for 2 bonus

See

https://klse.i3investor.com/web/stock/entitlement/1155

Posted by calvintaneng > 3 weeks ago | Report Abuse

see this

https://www.afr.com/companies/financial-services/why-we-should-worry-about-the-us-commercial-property-crisis-20230918-p5e5fw

Posted by prudentinvestor > 3 weeks ago | Report Abuse

BodohCalvin is a pathological liar. Get a copy of Stock Performance Guide by Neoh Soon Kean 2003 July edition. You will get all the facts and know who has been lying.

Posted by calvintaneng > 3 weeks ago | Report Abuse

see more


https://www.visualcapitalist.com/which-big-u-s-banks-have-the-most-commercial-real-estate-exposure/

Posted by calvintaneng > 3 weeks ago | Report Abuse

Superbodoh holding only 2003 Edition of Stock Performance Guide

already adjusted for free bonus issue by 2001
you better go see 1998 & 1999 edition of Dr Neoh's book

Posted by calvintaneng > 3 weeks ago | Report Abuse

listen bodohinvestor

I bought complete logistic at 56.5 sen

after Eadie took over he changed its name to Hextech


it went up over 2,000% to Rm22.00


now split by bonus as well

if you know nothing better keep you mouth shut


https://www.bursamalaysia.com/bm/trade/trading_resources/listing_directory/company-profile?stock_code=5136

Posted by prudentinvestor > 3 weeks ago | Report Abuse

When you have a counter being promoted by a superbodoh, it can never go up. That's why TSH is still struggling at below RM1.20 after several years.

Posted by calvintaneng > 3 weeks ago | Report Abuse

click and see chart of Hextech

it went above Rm22

Posted by calvintaneng > 3 weeks ago | Report Abuse

why you change subject ?

you been telling lies about Calvin

I can sue you in court of law

Posted by prudentinvestor > 3 weeks ago | Report Abuse

Don't waste more time, buy bank stocks.

Posted by calvintaneng > 3 weeks ago | Report Abuse

be careful

I will spend Rm1 millions and get you !!!

Posted by prudentinvestor > 3 weeks ago | Report Abuse

Keck Seng's boss will sue you for telling lies about Keck Seng.

Posted by calvintaneng > 3 weeks ago | Report Abuse

better erase your lies

or I will get your url

hire lawyer to sue your kaw kae for defamation !!!

Posted by calvintaneng > 3 weeks ago | Report Abuse

ok wait then for legal letters

Posted by prudentinvestor > 3 weeks ago | Report Abuse

Posted by calvintaneng > Aug 23, 2024 10:04 AM | Report Abuse
Please take note and be warned

Julius Baer (Spore) Kseng Top holder has been involved in wrongful acts in Singapore

if there is any force liquidation Kseng will be impacted as Top holders might be forced sold

so better sell Kseng or later Gek Sim (Heart sick with pain in hokkien)

https://igamingbusiness.com/uncategorized/singapores-aml-charges/#:~:t....

Still remember this comment posted by you not too long ago?

Posted by prudentinvestor > 3 weeks ago | Report Abuse

"I will spend Rm1 millions and get you !!!"
Please proceed.

Posted by prudentinvestor > 3 weeks ago | Report Abuse

Promoting Hexcap, Jcy and Notion here. All have dropped by over 50%. If not a liar then what?

Posted by prudentinvestor > 3 weeks ago | Report Abuse

Wicked and unscrupulous to the extreme.

Posted by prudentinvestor > 3 weeks ago | Report Abuse

"If you are shareholder of KSeng you can write to KSeng IR with CC to Julius Baer (Spore) to take action on calvintaneng for malicious act with intention of manipulating KSeng share price:"
Someone has made the above suggestion.

Posted by calvintaneng > 3 weeks ago | Report Abuse

I will stand by Hexcap, Jcy and Notion as I holding all

as for you give direct defamation just wait

I will defend my integrity what I said about Maybank price which you accuse as lying

Posted by prudentinvestor > 3 weeks ago | Report Abuse

"I will defend my integrity what I said about Maybank price which you accuse as lying"
I hope your accusation can stand in the courts. Please proceed, don't just bluster.

Posted by calvintaneng > 3 weeks ago | Report Abuse

Sure i will

Posted by prudentinvestor > 3 weeks ago | Report Abuse

You are only making yourself a laughing stock here. I am so free. I would like to meet you at the courts.

Posted by prudentinvestor > 3 weeks ago | Report Abuse

A liar remains a liar. Can't prove his innocence in the courts.

Posted by prudentinvestor > 3 weeks ago | Report Abuse

How many 6 and 7 star hotels are being built in Nusantara right now? Is your claim that land is worth RM4.2 million an acre in Nusantara correct?

Posted by prudentinvestor > 3 weeks ago | Report Abuse

"I will stand by Hexcap, Jcy and Notion as I holding all"
So you don't care about those investors who had heeded your recommendation, bought Hexcap, Jcy/Notion in late June and now suffer from over 50% losses?

Posted by prudentinvestor > 3 weeks ago | Report Abuse

We need a clown here to entertain others on this forum.

Posted by prudentinvestor > 3 weeks ago | Report Abuse

Want to sue me also for calling you a clown?

Posted by calvintaneng > 3 weeks ago | Report Abuse

incorrigible liar this so called Prudentinvestor


see this post on June 24 2024

read very very carefully

I told all to take profit when prices were up

no one can say I did not give advise to take profit to protect gains


https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-06-24-story-h-158779798-HDD_BULL_RUN_TIME_FOR_JCY_NOTION_DUFU_How_To_Protect_Your_Profits_50_Al

Posted by prudentinvestor > 3 weeks ago | Report Abuse

You recommended the three counters I mentioned at end of June when they were about at their highest. All dropped almost immediately. Where to find any profit? Don't feign innocence.

Posted by calvintaneng > 3 weeks ago | Report Abuse

All can read inside


Sell half (or sell 50%) on June 24 2024


https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-06-24-story-h-158779798-HDD_BULL_RUN_TIME_FOR_JCY_NOTION_DUFU_How_To_Protect_Your_Profits_50_Al

Posted by prudentinvestor > 3 weeks ago | Report Abuse

2024-06-29 12:47 | Report Abuse

Yes Hexcap will follow Hextech

They have the same growth Dna ingrained
Just buy and sit tight

Only stock better than Hexcap is Tsh Resources
Tsh must be in any serious investor portfolio

Hexcap was 57 sen when your recommended it to others. Went up to 62 sen highest then dropped all the way to 32 sen.

Posted by prudentinvestor > 3 weeks ago | Report Abuse

What do you mean by buy and sit tight? You were advising investors not to sell too early weren't you?

Posted by calvintaneng > 3 weeks ago | Report Abuse

telling lies here

hexcap was recommended to Eagle Group at 38 sen and we bought as high as 51 sen

hexcap highest was 71 sen

when it retraced I told all to sell 50% and hold some for higher

now down at 31 sen is a good bargain to buy as Tnb Rm35 Billions Transmission Grid will rollout by 2025 to 2030 which is just two more months away

so I have added more

Posted by calvintaneng > 3 weeks ago | Report Abuse

This fella we caught lying through his teeth and said Hexcap highest was 62 sen


I queued sell hexcap

70 sen 10 lots
71 sen 10 lots
72 sen 10 lots
73 sen 10 lots
74 sen 10 lots
75 sen 10 lots


at the end of the day my Remisier called to say only

70 sen and 71 sen were done

so I very sure highest was 71 sen and this incorrigible liar said Hexcap highest was 62 sen