|Last Price ||Avg Target Price || Upside/Downside ||Price Call |
|2.97 ||2.94 || -0.03 (1.01%) || |
|* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.|
|** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).|
|Date ||Open Price ||Target Price ||Upside/Downside ||Price Call ||Source ||News |
|08/04/2014 ||2.87 ||3.20 ||+0.33 (11.50%) ||BUY ||PUBLIC BANK || |
|31/03/2014 ||2.80 ||3.20 ||+0.40 (14.29%) ||BUY ||PUBLIC BANK || |
|31/03/2014 ||2.80 ||3.09 ||+0.29 (10.36%) ||BUY ||CIMB || |
|19/03/2014 ||2.44 ||3.20 ||+0.76 (31.15%) ||BUY ||PUBLIC BANK || |
|10/03/2014 ||2.35 ||2.68 ||+0.33 (14.04%) ||BUY ||CIMB || |
|02/01/2014 ||2.56 ||3.20 ||+0.64 (25.00%) ||BUY ||PUBLIC BANK || |
|02/01/2014 ||2.56 ||2.78 ||+0.22 (8.59%) ||BUY ||CIMB || |
Darren Chia Cypark Resources Bhd and Fairview International School have entered into an agreement to establish the latter's new RM80m International Baccalaureate (IB) World School in Johor Baru. The project will be developed over three years, with the first two phases to be undertaken by Cypark at a cost of RM18m. Together with land and other related costs, the two phases will cost at least RM40m. The new campus can house 1,250 students. It will receive its pioneer batch of students in August. (BT)
Source: CIMB Daybreak - 16 April 2014
yap_lee Happy dah... Cheap sale! Thanks . May god bless you
Superman Guys....frankly speaking...i dont think 1MDB has the capacity to build a 50MW solar farm on their own...i doubt they cant even get a 5MW solar farm up by themselves....they will likely subcontract it out to someone..or even co-develop with some one...just need to guess who that some one is?
my believe is....no doubt the main con will be Cypark :D
if not please state who else in MALAYSIA can do it with that scale~~unless they go get a foreign firm to do it....then 1MDB really become satu malaysia my...... which i hope they are not that stupid~~
fortunebullz Superman! You are right! Only Cypark has the expertise to develop solar farm! Do you know solar farm alone can generate enough energy for entire Malaysia on 1,000 hectares farm! Oil giants no longer has the money to bribe alternative energy providers that's why solar becoming quite affordable nowadays! By 2017, Malaysia has to depend on other source of energy and solar is no brainer! Cypark will be Malaysia biggest energy company in years to come!
sephirohn I think that when the 50mw news come out. 1mdb have build any solar farm before? Maybe no, im not sure. First time they build they want to build 50mw? Maybe without any experience. But if they subcontract to other company, like cypark. Which segment of profit cypark will get? Maybe only the engineering? The power purchase from tenaga I think cypark cannot get it. If cypark get the power purchase, why dont this project just let cypark award?
sephirohn If not sure solar farm profit is almost come from power purchase right? The engineering profit is not much
Superman sephirohn...for your info....1mdb has not build any solar farm before...and if u ever did read Cypark's segmental report....it is easy to identify that it will be under their "Environmental Engineering" segment and there is also a "Sales of Renewable Energy" segment which shows the revenue from the power purchase~~
sephirohn I mean so if 1mdb subcontract to cypark. Cypark will only get the engineering profit. The power purchase profit 1mdb will get it. My opinion cypark would not get the power purchase from the 1mdb solar farm.but if subcontract to cypark, get the enginnering profit is better than no. Solar farm engineering profit is high? This only my opinion..
Superman Well for a 50MW power plant....i believe the construction cost ALONE will not less that 500million (1MDB people said 1B for the project anyway)...and please guess what will happen if that 500million contract goes to Cypark~~
Cypark now yearly revenue is 200+mil only~~suddenly 500 million contract come on top of the existing projects :D
RM5.00 anyone?? :p
but the point is....government do things very slow lah~~they say now...maybe next year only award....