Highlights
KLSE: TEXCYCL (0089)       TEX CYCLE TECHNOLOGY (M) BHD ACE : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.37   -0.01 (2.63%)  0.365 - 0.37  121,000
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Overview

Market Cap: 95 Million
NOSH: 256 Million
Avg Volume (4 weeks):83,483
4 Weeks Range:0.36 - 0.41
4 Weeks Price Volatility (%):
20.00%
52 Weeks Range:0.36 - 0.68
52 Weeks Price Volatility (%):
3.12%
Average Price Target:-
Stamp duty exempted for year 2019

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2019 [#2]  |  15-Aug-2019
Next QR | Est. Ann. Date: 30-Sep-2019  |  15-Nov-2019
T4Q P/E | EY: 14.39  |  6.95%
T4Q DY | Payout %: 1.62%  |  23.17%
T4Q NAPS | P/NAPS: 0.4067  |  0.91
T4Q NP Margin | ROE: 19.67%  |  6.32%

Headlines

Date Subject
13-Sep-2019 英国联营首个废料发电厂·TEX循环科艺:明年运作
12-Sep-2019 PublicInvest Research Headlines - 12 Sept 2019
12-Sep-2019 Mplus Market Pulse - 12 Sep 2019
07-Aug-2019 Tex Cycle Technology (M) Berhad (KLSE) #RTable - CashRich Series - YAPSS
16-Jul-2019 Mplus Market Pulse - 16 Jul 2019
16-Jul-2019 PublicInvest Research Headlines - 16 Jul 2019
29-Jan-2019 PublicInvest Research Headlines - 29 Jan 2019

Business Background

Tex Cycle Technology (M) Bhd is Malaysian based firm. It is primarily engaged in the provision of recovery and recycling of scheduled waste. The company operates in four segments namely, Investment holding segment comprises of investing in property and unquoted securities for long-term basis; Recovery and recycling segment comprises of provision of waste recovery and recycling services, and rental of recycled products which also contributes major part of revenue; Manufacturing comprises of production and sale of chemical products and Other segment comprises of renting its investment property. Most of its revenue comes from Malaysian market.
Analyze this stock with MQ Trader system

  yeuking likes this.
 
Nieto Juciouswitch flying today, now 1.44
01/07/2016 3:44 PM
bigprofit Slowly moving towards 3.00, now is just at an early stage. Super powerful potential booming stock in the second half of 2016!
02/07/2016 5:08 PM
cstrader TP 3.00 indeed.
02/07/2016 10:11 PM
PeterNg When i throw AA battery into dustbin, i asking myself "what this items will become"?
Pollution to the environment....

This company create value to society, while i am the share holder of this company.
13/07/2016 1:50 PM
cstrader Buy moving ahead to 1.60 next week
13/07/2016 9:03 PM
849638861833251 any news?
26/07/2016 11:40 PM
kiki_lala consolidation finish at 1.30 lvl, good price to build your base
27/07/2016 12:51 PM
PeterNg Wow... Drop back to $1.33
29/07/2016 5:13 PM
Lovers come back RM1.38
01/08/2016 10:38 AM
chiongster1234 how how how
02/08/2016 8:33 PM
849638861833251 Any news ?
03/08/2016 1:41 PM
S8Investors Tex Cycle (P2) Sdn Bhd, a wholly-owned subsidiary of Tex Cycle Technology (M) Berhad has obtained approval from SEDA to build and operate a renewable electrical energy power plant with a capacity to supply 2 MW per hour of electricity to Tenaga Nasional Berhad. The approval granted is for a period of 16 years, commencing no later than 28th January 2018.
09/08/2016 5:35 PM
Contrakaki Will it be a catalyst to move up?
09/08/2016 5:40 PM
S8Investors 2. The expected date of signing of the power purchase agreement (“PPA”) with Tenaga Nasional Berhad is January 2017 at a fixed tariff rate of RM0.4766 per kWh for sixteen (16) years.

0.4766 * 2000kWh (2MWh) * 24 hours * 365 = RM 8mil revenue

120% MORE THAN FY15 REVENUE (RM 6.5mil)!!!!!!
12/08/2016 12:55 PM
Contrakaki Thanks for the info S8Investors. Much clearer picture we have now :)
12/08/2016 1:33 PM
oren Price keeps dropping.
14/08/2016 8:37 PM
NorthernStar How many years is the PPA with Tenaga?
15/08/2016 7:51 AM
NorthernStar What is the investment cost of the power plant?
15/08/2016 7:53 AM
bigbigboss revenue and profit drop
18/08/2016 6:31 PM
PeterNg Drop Further.
12/10/2016 5:28 PM
Hunter2016 Double top, may drop back to 0.50
12/10/2016 5:30 PM
PeterNg Can reach 0.50 will be great buy.
13/10/2016 4:37 PM
PeterNg Going to break the support level.
07/11/2016 6:20 PM
vxpoison kambingggggggggggggggggggggg
19/02/2017 3:47 PM
kyosan another wave coming... new power plant commence...
04/04/2017 2:30 PM
passion_investor any good news for this counter? is flying....
20/04/2017 4:19 PM
tan8620 it is on uptrend...
20/04/2017 5:05 PM
prince4 wait 1.00 buy
18/07/2017 9:58 AM
Pak Abu ok..ok
25/07/2017 11:47 AM
TanTeeHean Tex Cycle (P2) Sdn Bhd, a wholly-owned subsidiary of Tex Cycle Technology (M) Berhad has obtained approval from SEDA to build and operate a renewable electrical energy power plant with a capacity to supply 2 MW per hour of electricity to Tenaga Nasional Berhad. The approval granted is for a period of 16 years, commencing no later than 28th January 2018.

Very Confusing statement. It is 2MW or 2MW per Hour? Both refer to different items.
13/08/2017 9:44 PM
Tripaka Qr good, declared 2nd dividend, proposed bonus issue....what will happen to this counter mid term?
18/08/2017 10:43 AM
S8Investors Seems like the corporate actions were not enough to pish the price further
18/08/2017 1:46 PM
Armada An Quantum Leap Stock In 2019/2020 Guys,

I'm surprise to find out the new P.P. has ask for $0.770 per piece ; what made Texcyl price the p.p. at such premium price ... anyone can enlighten me ? Tq
20/08/2017 2:09 PM
i3longterminvest VenFX you mean the power plant 0.77 per kWh?
26/08/2017 12:37 PM
i3longterminvest I found the post that went missing on texcycle:

http://lucentasset.com/blog/blog/2017/08/25/texcycl-0089-company-analysis-bursa-malaysia-summary-2/
26/08/2017 12:38 PM
Armada An Quantum Leap Stock In 2019/2020 Hi ! i3longterminvest ,

What I meant is the private placement asking price at 0.770 ; doesn't it seemed at premium rated ?
26/08/2017 10:15 PM
PeterNg On 2 August 2016, Tex Cycle (P2) Sdn Bhd had obtained approval from Sustainable Energy Development Authority Malaysia
(SEDA) to build and operate a renewable electrical energy power plant with a capacity to supply 2 MW per hour of electricity to
Tenaga Nasional Berhad through a power purchase agreement ("PPA"). The approval granted is for a period of 16 years,
commencing no later than 28th January 2018.

The PPA with Tenaga Nasional Berhad was signed on 2 February 2017 at a fixed tariff rate of RM0.4766 per kWh for sixteen
(16) years. The electrical energy power plant ("EEPP") is located at Tex Cycle (P2) plant. The EEPP will have an installed
capacity of 2.5 MW per hour. Construction of the EEPP commenced in January 2017 and was expected to be completed in the
last quarter of 2017. However, subject to finalisation of the substation by the relevant authorities, there may be a delay.
16/11/2017 11:11 PM
PeterNg Summary
RM0.4766 KWH
2.5MKW >>60M x RM 0.4766 = RM 28,596,000 discount 20% = RM 22,876,800
Three Quarter = RM 68,630,400
17/11/2017 9:03 AM
PeterNg Assume gain 10% for the profit, should be RM 6,863,040.
17/11/2017 9:09 AM
Rica7894 --------TEXCYCLE - Power plant to complement waste management business.--------

Tex Cycle collects contaminated materials directly from companies in the electronic, engineering, automobile, oil & gas, printing and other manufacturing industries.

Tex Cycle is licensed to treat 31 out of 77 type of waste regulated in the country, such as rags, wiper cloths and gloves from companies in various manufacturing sectors.

-It has near to 5,000 customers to nationwide, comprising local multinational companies.

<Investment Catalyst>

-Stable business model.
Revenue derived mainly from waste management locally. Tex Cycle is the hidden beneficiaries from the growth that is being experienced in several industries (from the technology or even the automobile industry for example) in Malaysia. The management expects the company growth will be consistent over the next few years within the waste management industry.

-New power plant.
New power plant project to supply power to TNB which will commencing no later than 28th Jan 2018 for 16 years.The management anticipates the business will generate revenue of Rm7m and profit after tax of Rm4 in FY19.

-Potential transfer to main board.
Tex Cycle could be looking to transfer to main board after having a cumulative of RM20m over the past 3 financial year.

-Healthy balance sheet.
Based on the latest quarterly results, the company is in a net cash position.
19/11/2017 8:12 PM
bryankhor82 Hi, S8Investors
Do have any changes after bonus issue? Like: no. of share and EPS.
22/01/2018 7:11 AM
BlackWhite Heavy drop wait after raya to enter
20/03/2018 10:57 PM
AllWin BlackWhite, why after Raya?
10/06/2018 1:36 PM
SAStockAlliance Post removed. Why?
11/06/2018 12:44 PM
Choivo Capital SC needs to arrest your ass.

======================================================================
Posted by SAStockAlliance > Jun 11, 2018 12:44 PM | Report Abuse

Stay tune TEXCYCL after lunch. TP 0.85 by StockAlliance
https://www.facebook.com/groups/206160123119997/permalink/538539696548...
11/06/2018 12:46 PM
RonnieKimLondon The qualification of Tex Cycle accounts is alarming.

It has decided not to reappoint Delloitte as auditors. This is not surprising.

Two red flags. Why is SC not taking action?
11/06/2018 12:56 PM
kentg03 Fb page cannot access
11/06/2018 2:48 PM
kalteh Noticed this company invest RM7mil into unit trust as of Sep 2018. Why put so much into unit trust and not invest in core business?
24/01/2019 3:12 PM
speakup better ask management to give it back to shareholders as dividend!
24/01/2019 3:33 PM
Starex Trooper shitty company
19/08/2019 7:03 PM


 

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