How much is the US$1.87b Vietnam IPP worth to Jaks ?
Easy.....
12% return less 6% interest = Net 6% return
At 6% compound return, you double your money in 12 years
25 years = at least doubled twice
US$1.87b x 2 x 2 = US$7.5b
Profit = US$7.5b - 1.87b = US$5.63b = RM 22.5b
Jaks 30% = RM6.75b
Per year = RM6.75b / 25 years = RM270m
Per share = RM270m / 683m shares ( fully diluted) = RM0.4 per share
15 times PE = RM6
Nemo fish -> Big Whale
https://klse.i3investor.com/blogs/righton/199319.jsp
