sephirohnConventionally cypark 2rd Q report will better than other Q report. There was no surprising. Than follow 3 and 4 Q report will lower than 2 Q report. Just refer on past few year report. Hope they can maintain the profit for all Q report.
singhiskingwhat's up with this stock? can hardly sustain an upwards momentum.
Lee Wehc Taikany news? drop so much today? plz drop more tomorrow! hehe
johnny cashis this placement positive or negative for cypark shares???????? any oppinion guys?????
johnny cashCypark Resources Bhd - Private placement announced Cypark's private placement is expected to raise around RM50-54m, which will be used mainly for working capital purposes. This will provide some relief to its balance sheet in supporting its current ongoing projects, namely the Ladang Tanah Merah (LTM) landfill, for which the concession is expected to start in the next two months. Due to the EPS dilution resulting from the placement, we believe that Cypark's share price could face some weakness in the near term, which we think is a good opportunity to accumulate the stock. We maintain our Add call on the stock, with an unchanged SOP-based target price of RM3.09. We believe the announcement of turnkey renewable energy (RE) projects could catalyse the stock.