Where did FASC get funds to build a JV power plant? They couldn't even build the Zeolite plant on their own. I don't think they are sharing the power revs or they would have pumped that to death! Profit on the KDS JV? Deduct the manufacturing costs, local payroll, and trips to Malaysia and you're lucky to see a breakeven, IMO.
Cash is King until further notice!!!
My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy suckers with money.