KLSE: TEXCYCL (0089)       TEX CYCLE TECHNOLOGY (M) BHD ACE : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.33   -0.005 (1.49%)  0.325 - 0.33  263,400
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  yeuking likes this.
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:

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
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
Noob Investor Bullish engulfing forming?
15/10/2019 3:06 PM
Sharenewb Time to enter guys
15/10/2019 3:36 PM
Noob Investor Sudah jalan
15/10/2019 4:05 PM
koowakzai Already enter at 0.355 :) u cant catch the bottom. But am happy with this entry. Downside risk look limited. Let go Green.
15/10/2019 5:16 PM
Joseph1981 lai liao?
15/10/2019 11:58 PM
SK1200 Please throw cheap to me
25/10/2019 11:45 AM
SK1200 60sen coming
01/11/2019 4:42 PM
Noob Investor 1 thing I like about this stock is super low liquidity. Selling volume is so little and can easily push.
01/11/2019 5:03 PM
kaleemtheman Tex Cycle Technology (M) Bhd is targeting to kick-start the operation of its first waste-to-energy plant in the UK by end-2020.

The plant is estimated to cost about £5 million (RM25.83 million), and to generate 20% of the company's net profit after it commences operations, said its chief financial officer Geraldine Hii Siaw Wei.
15/11/2019 5:26 PM
share2014 Wow
16/11/2019 8:32 AM
Ahmadfairus OMG gap down on last friday
17/11/2019 11:01 AM
Gan4580 tomorrow continue up up up
28/11/2019 5:26 PM
Glopac when England project can starting contribute income?
10/12/2019 2:20 PM
MCQ8018 Omg down again, director dispose?
23/12/2019 3:18 PM
MCQ8018 Wait below 30sen only all in
23/12/2019 3:22 PM
Lai Ah Foo Tex cycle technology pls wake up, if u still lying in bed , I’m going 2 throw u to the drain.
25/01/2020 6:46 PM


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