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Overview
Financial Highlight
HeadlinesBusiness Background Cypark Resources Bhd is an investment holding company. The group is organised into the following reportable business segments: Environmental Engineering segment which generates maximum revenue is engaged in the provision of nature conservation and environmental amelioration and offers environmental engineering and integrated turnkey contract services; Landscaping and Infrastructure segment is engaged in the provision of landscape services, project management services, and infrastructure developments; Maintenance segment is engaged in the maintenance of landscape services for public parks and public amenities, and Green Tech and Renewable Energy is engaged in the renewable energy businesses. The group's activities are conducted predominantly in Malaysia.
  Oilmanster ### Combined Analysis of Cypark Resources Berhad **Debt Levels & Financial Health**: Cypark's debt is significantly high, with RM1.49 billion in liabilities and RM1.33 billion in net debt as of April 2024. The company’s cash reserves are only RM153.2 million, and its receivables cover part of the liabilities, leaving a deficit of RM638.5 million. This poses a significant risk, particularly given the company's declining revenue (down 12%) and negative EBIT of RM19 million. **Profitability Concerns**: Cypark has not produced positive earnings, and with negative free cash flow of RM249 million, there is concern about its ability to meet obligations without diluting shareholder value. The absence of meaningful earnings makes it reliant on external financing, increasing vulnerability. **Conclusion**: Cypark's financial situation is precarious. Its heavy debt burden, coupled with shrinking revenue and losses, suggests that investors should be cautious. Without operational improvements, the company may face significant challenges in stabilizing its balance sheet. 21/08/2024 11:00 AM  Michael Kwok Cypark 68 cents After 10 sept 24 then consider 26 August 2024 1.10am 26/08/2024 1:10 AM oks911 Michael, what happen after 10 Sep? Good news or bad news? Please advice.. tq 27/08/2024 12:06 AM Kawasaki668 Hopefully we are on track with new CFO coming from renewable energy background 30/08/2024 10:05 AM AhHuat01 Chairman hinting something. be prepared :) i am speculating, do not quote me** Looking ahead, we are excited about the development of the TPA, which will open new market opportunities for IPPs and expand their customer base. We plan to build strategic partnerships, particularly in the data centre space, to attract customers who value renewable energy. https://www.datacenterdynamics.com/en/news/malaysias-jakel-invests-in-pidc-for-51mw-cyberjaya-data-center/ 31/08/2024 2:58 PM Kawasaki668 This is an important milestone as TPA would allow RE companies to deal directly with potential investors and customers 02/09/2024 10:28 AM oks911 Is renewable energy will sufficient for data centers ? Data Centers cannot afford to have downtime ya.. 02/09/2024 2:58 PM Kawasaki668 BESS would be part of the implementation scope to ensure stable power supply and peak demand management as per current practice in the worldwide arena https://www.bernama.com/tv/news.php?id=2335666 03/09/2024 10:29 AM Kawasaki668 https://www.globalcompliancenews.com/2024/08/14/malaysia-introduction-of-the-corporate-renewable-energy-supply-scheme-cress/ 03/09/2024 2:46 PM AhHuat01 no matter what, end of the day, cypark needs to clean its balance sheet first .... 03/09/2024 4:02 PM Kawasaki668 https://www.businesstoday.com.my/2024/09/23/cress-guidelines-paves-the-way-to-third-party-access/ 24/09/2024 9:48 AM Kawasaki668 Transition to green energy https://www.malaymail.com/news/malaysia/2024/10/09/energy-shift-no-new-coal-power-plants-to-be-built-in-malaysia-says-dpm-fadillah/153079 10/10/2024 11:43 AM Kawasaki668 https://www.pv-tech.org/cypark-trinasolar-commission-100mw-hybrid-floating-solar-malaysia/ 14/10/2024 12:15 PM AhHuat01 It definitely looks like the GTP in Melaka has a bright future! and CYPARK going to be part of this =) The project to set up a GTP in Melaka is likely to succeed because there are already 3 German companies operating there, with plans to invest RM3.6 billion soon. Additionally, 3 more companies are expected to invest RM400 million. This shows strong interest from German businesses, making the project promising. 15/10/2024 6:23 PM Kawasaki668 Great news. German semiconductor giant Infineon Technologies is also there. Clean energy is the way to go. Thumbs up 16/10/2024 10:00 AM Karlos Cypark is an early and leading player in green energy. Those early players have higher returns in green energy projects when there were less competitors in the space. 24/10/2024 3:45 PM Michael Kwok Now cypark 80.5 at least 20 percents return.U see after 10 sept it rebound from 62 cents low. 25/10/24 12.12am Cypark 68 cents After 10 sept 24 then consider 26 August 2024 1.10am 25/10/2024 12:12 AM Michael Kwok Im done.80 cents plus. Let see,how the retracement look like.higher low or lower low. Midnight also write. 25/10/24 9.56am 25/10/2024 9:56 AM 凯翔 赖 https://www.thestar.com.my/business/business-news/2024/11/01/cypark-obtains-ppa-revision-for-lss3-project 02/11/2024 6:05 PM mf 5184 CYPARK, CYPARK RESOURCES BERHAD - + MATERIAL LITIGATION 30 Oct 2024, 07:00 MATERIAL LITIGATION MATERIAL LITIGATION CYPARK RESOURCES BERHAD ANNOUNCES SETTLEMENT AGREEMENT WITH KNM PROCESS SYSTEMS SDN. BHD. You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com N202410303000471EN 03/11/2024 4:00 PM 凯翔 赖 Cypark's floating solar farm in Kelantan gets nod for operations https://theedgemalaysia.com/node/734198 (Share from StockHunter) 16/11/2024 10:33 AM  | | ||||||||||||||||||||||||||||||||||||||||||||||||
