|Last Price ||Avg Target Price || Upside/Downside ||Price Call |
|2.88 ||2.94 || +0.06 (2.08%) || |
|* 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 || |
hentaiboy some ppl sell on news.
hush_puppies Great news~ Hope it fly and get another 5c div on next mth
Darren Chia Tenaga Nasional said it had signed a power purchase pact with 1Malaysia Development on the construction a solar power plant. The agreement entails the state investor's unit 1MDB Solar Sdn Bhd to design, construct, own, operate and maintain a 50 megawatts solar photovoltaic energy facility in Kedah, Tenaga said in a press statement. "The power purchase agreement governs the obligations of the parties to sell and purchase the net electrical output generated by the facility for a period of not more than 25 years," Tenaga added. (Reuters)
We are not surprised by this as it has already been widely reported in the media. As we have previously highlighted, 1MDB's solar park is the first Renewable Energy (RE) project that is not under the Feed-in-Tariff (FiT) program as the power purchase agreement (PPA) is signed directly with Tenaga, While the actual tariff is not known, previous media reports have suggested a range of 40-47 sen per kwh. We think that given 1MDB's direct PPA with Tenaga, Cypark, which is currently the largest RE player in Malaysia, could also be eyeing a similar agreement. The FiT program which Cypark is building its RE capacity under, limits the capacity that it can build, thus to further expand its capacity under direct PPA with Tenaga could be next on the cards.
Source: CIMB Daybreak - 15 April 2014
jackson87 Renewable energy - cypark
Go go go plz hit 3.2
Chang Chiang Depending on who are the directors of cypark, if they are some way related to the government then the possibilities should be high. If not, it wil be hard to compete with 1MDB.
Chris K Yeong if it could closed somewhere around the highest price, high possibility that it will break 3.00 by tomorrow. lets do it cypark !
sephirohn Cypark share price up maybe not the 1mdb solar plant issue. The latest news come out say , they will build another school in johor.
sephirohn If we think negative.Maybe the 1mdb solar plant is only good for 1mdb company. The sound like government already have the new company to develop solar energy, that is 1MDB. Cypark already abandon by goverment, cypark only a garbage dump player.
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