I think RE companies can generate extra income by trading these RECs

According to the news, RECs traded through the mGATS will serve as documentary evidence that one megawatt-hour of electricity was generated from sources such as solar, hydro, biomass and biogas. However, RECs cannot be transferred abroad except through Energy Exchange Malaysia or other government-approved programmes

Looks like 43 cents is the next hard rock for it to break ..

This is why: https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3443455

so better chip in now before it goes up to 0.40

The company is going to buy back the shares

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3443455

Ya... buying and selling volume are equally high for Dnex today

I think Public bank fund also chipped in

https://klse.i3investor.com/web/blog/detail/PublicInvest/2024-04-22-story-h-182968317-Technical_Buy_KAB_0193

Go 0.50 in May 😀

wow, the ROE is high for KAB in FY2023
https://klse.i3investor.com/web/blog/detail/PublicInvest/2024-04-22-story-h-182968317-Technical_Buy_KAB_0193

I don't think so, vellfire14. Dnex rises as oil market on fire

It won't happen unless the war becomes more serious and more foreign funds withdraw from the Malaysian market ..

Dnex is going up, but its call warrants doesn't move much ...

Relax, KAB still shows a great support at 35 cents despite of that and I believe the company is on the right track of trends

@xiaoeh. That's reality. Ha. People are cheering for Dnex now

therefore, invest it in the medium to long term rather than trading in the short term

Malaysia's getting in on the action with a big push to trade Renewable Energy Certificates (RECs) in order to facilitate people to buy and sell clean energy credits. KAB is not just about making clean energy, the company is also trading these RECs

Actually, 30 cents is a good price to buy and goreng

sabar, just a temporary pullback in order to let newcomers to grab it cheap

NeXchange Bhd (DNeX) announced the extension of License P2451, held by its subsidiary Ping Petroleum UK PLC, for a further 30 months until September 30, 2026

https://themalaysianreserve.com/2024/03/20/dnex-and-hibiscus-petroleum-extend-license-expand-north-sea-ops/

Opps, my bad. Forgot to add a 'S' in front of 'He' 😆😁

@Mixologist. I see. Ty

Not bad wor, Mr. Lee is only 38 years old, and he holds a Ph.D. in civil engineering from the University of Nottingham (Malaysia Campus) and a bachelor’s degree in civil engineering from Universiti Kebangsaan Malaysia (UKM). Sorry, Dr. Lee now 😁

https://focusmalaysia.my/kabs-board-strengthened-with-seasoned-energy-professionals-advances-in-gender-diversity/

What's their FB name, Mixologist?

once they secure the project, their order book will exceed RM1 billion and then their revenue and net profit will continue to break new high ~

no rush no rush. Can put it for longer period of time as there are approximately RM210 million and RM2,978 million worth of tenders for Engineering and SES respectively still pending

Then MYEG will get it? 😆

the outlook for the green energy business is bright, driven by increasing demand, government support, technological advancements, investment opportunities, and international cooperation (aka ESG)

It seems easy, but when you want to do it, you will encounter a lot of difficulties

There are approximately RM210 million and RM2,978 million worth of tenders for Engineering and SES
respectively still pending. Once they secure the project, their order book will exceed RM1 billion !

means that Dnex does not have the same business nature as those companies 😄

good grab, EquityJourneyman. I dare to say that its sustainable energy business will surely keep delivering good revenue

DNeX, HeiTech Padu, Theta Edge shortlisted for NIISe project. 1/3 chance to get it 🙂

https://theedgemalaysia.com/node/702335

its SES business will continue to grow, I believe

KAB proposed acquisition of a 9.6MW mini-hydropower plant in Kedah that marks another move into the renewable energy portfolio in Asean

https://www.thestar.com.my/business/business-news/2024/02/29/kab-proposes-to-buy-kedah-mini-hydropower#:~:text=ALOR%20SETAR%3A%20Kinergy%20Advancement%20Bhd,renewable%20energy%20portfolio%20in%20Asean.

Q3 sank into red because of its negative gp margin coming from its Technology division...

so fast people come out an article about this 😯 https://klse.i3investor.com/web/blog/detail/lulalalulalahey/2024-02-28-story-h-187470640-This_Company_is_Buying_More_Renewable_Assets

will its revenue and net profits go up or down🤔

Surely this company will deliver good Q4 result with this kind of robust order book

Finally got some good news from Dnex. ha
https://www.thestar.com.my/business/business-news/2024/02/22/dnex-bags-rm1117mil-contract-from-irb

KAB is upbeat about its outlook and positive on the nation's renewable and sustainable energy initiatives. BO is on the way

@fl888. Where to check its 323 millions Placement Shares deadline is expiring? 🙂

Alrdy displaying Cup and Handle pattern movement. Without a doubt, it will penetrate 0.40 in due time 🙂

What happened? Good news is coming for its Silterra?

After the holiday, KAB will head towards PBB's tp

hibernating mode

KAB is potentially staging a breakaway from its current downtrend, with anticipation of continuous improvement in both momentum and trend in the near term. TP: 40.0 cents, 42.5 cents

https://klse.i3investor.com/web/blog/detail/PublicInvest/2024-02-06-story-h-189284876-Technical_Buy_KAB_0193

today make a small rebound. People goreng?

TRS, or better known as Total Return Equity Swap, is an interesting instrument which allows the shareholder to pledge their assets, such as shares, in order to be entitled for the return in terms of capital gain, as well as dividend.
Actually, I found people posted it before. Kindly find that link as shown:
https://klse.i3investor.com/web/blog/detail/Bornin63/2024-01-30-story-h-189436624-A_Closer_Look_on_KAB_and_Activities_of_Other_Companies

I think I have shared about TRS before, Aldous47... Nvr mind, I share again