THE INVESTMENT APPROACH OF CALVIN TAN
KPOWER : Some Takeaways after One to One Talk with Kpower Management Today (July 12 2021) Calvin Tan Research
calvintaneng
Publish date: Mon, 12 Jul 2021, 11:16 PM
calvintaneng
0 1,793
Hi Guys,
I have An Investment Approach I which I would like to all.
I have An Investment Approach I which I would like to all.
Dear Friends & Investors of i3 Forum
Today I had a one to one talk with the Management of Kpower
And these are some takeaways:
1) KPower is into Renewal Energy like Mini Hydro Power, Solar and Others.
2) In USA, Janet Yellen has told Banks not to finance fossil fuel companies as the pivot is into Renewable Green Energy
Updated: 11 Jul 2021, 05:02 PM IST
SO THE FUTURE IS IN RENEWABLE ENERGY WHICH IS A STRUCTURAL CHANGE FOR GOOD.
3) In Asia Renewal Energy will be a Rm1 Trillion Industry. Even Tenaga is into Renewable Energy
4) Compared to Solarvest & others Kpower has the lowest P/E)
See SolarVest Results
SUMMARY OF KEY FINANCIAL INFORMATION
|
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
|
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
|
31 Mar 2021
|
31 Mar 2020
|
31 Mar 2021
|
31 Mar 2020
|
||
|
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
| 1 | Revenue |
63,161
|
51,350
|
224,287
|
253,434
|
| 2 | Profit/(loss) before tax |
8,534
|
2,845
|
22,691
|
16,485
|
| 3 | Profit/(loss) for the period |
6,279
|
3,873
|
16,439
|
15,976
|
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
6,298
|
3,814
|
16,139
|
15,665
|
| 5 | Basic earnings/(loss) per share (Subunit) |
1.42
|
0.98
|
3.97
|
6.28
|
| 6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
1.00
|
0.00
|
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.2100
|
0.2100
|
||
Solarvest current price is Rm1.05
Latest Qtr Eps is 1.42
Annualised 1.42 x 4 = 5.68 sen
To get the P/E divides Rm1.05 by 5.68
= 18.48 P/E . That means Solarvest can double your money in 18.48 years.
See KPOWER Results
SUMMARY OF KEY FINANCIAL INFORMATION
|
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
|
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
|
31 Mar 2021
|
31 Mar 2020
|
31 Mar 2021
|
31 Mar 2020
|
||
|
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
| 1 | Revenue |
137,659
|
31,684
|
284,786
|
56,482
|
| 2 | Profit/(loss) before tax |
19,346
|
3,847
|
42,995
|
7,798
|
| 3 | Profit/(loss) for the period |
14,225
|
2,672
|
31,621
|
5,474
|
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
14,146
|
2,674
|
31,544
|
5,482
|
| 5 | Basic earnings/(loss) per share (Subunit) |
4.17
|
0.64
|
7.08
|
1.31
|
| 6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.3000
|
0.2500
|
||
Kpower current price is 76.5 sen
One Qtr EPS is 4.17
Annualised 4.17 X 4 = 16.68 sen
To get the P/E ratio divides 76.5 by 16.68
= 4.58 (P/E)
For percentage in growth
Divides 16.68 by 76.5 sen
= 21.8%
In other words you get a high growth rate of 21.8% per year in comparison to Bank FD at only 1.75% now
P/E 4.58 means you can double your money in just 4.58 years
How long will you double your money if you just keep in Bank FD at only 1.75% interest a year?
See
100/1.75 = 57.14 (P/E)
Yes! Keeping money in the Bank is also a form of lousy investment as it will only double your money in 57.14 years
And with FED Relentless money printing creating high inflation putting money in Bank FD long term is a no no; inflation will destroy all its future purchasing power.
5) Kpower sees great potential in Indonesia. In Malaysia where the National Power Gird is all interconnected and when one part has electric failure for example in Selangor - power can be transmitted from as far as Kelantan or Johor to make up the shortfall
This is not the same in Indonesia as the power generation is localised. So Kpower sees great potential in Indonesia as those vast islands need Power Connectivity
6) Renewable Energy in Asia alone is a Trillion $ Industry. If Kpower could just capture a nice Rm2 Billions to Rm3 Billions it will see spectacular earnings & growth. And Kpower has been in hydro power long before Solar energy turn popular.
Kpower already among leaders in Hydro Power which is among the cleanest energy
7) Since prices of Kpower has declined we see Mr Mustakim and Cik Sarah Azreen as well as others mopping up the oversold shares as high as 90 sen from the open market. They see great value at current prices
| CIK SARAH AZREEN BINTI ABDUL SAMAT | 02-Jul-2021 | Acquired | 550,000 | 0.900 |
| ENCIK MUSTAKIM BIN MAT NUN | 02-Jul-2021 | Acquired | 550,000 | 0.900 |
| CIK SARAH AZREEN BINTI ABDUL SAMAT | 29-Jun-2021 | Acquired | 7,300,000 | 0.670 |
| ENCIK MUSTAKIM BIN MAT NUN | 29-Jun-2021 | Acquired | 7,300,000 | 0.670 |
8) Since the future is bright in renewable energy & the fundamental is strong this is the time to buy Kpower while cheap
9) Calvin thinks after the noise & dust are settled Kpower should rise up to Rm1.00. From there it will continue to move higher and higher as more and more people discover its potential in the Renewable Energy Sphere which is the Future of Clean Green Energy due to climate change
Best Regards
Calvin Tan Research
Please do your own due diigence before buying or selling. In double please consult your Remisier or Fund Manager.
Note: This post is not exhaustive. Will update as we discover more and more about the good potential of KPower in the
Bright Sunrising Industry of Renewable Energy in which Kpower is now a Top Leader.
Thank you.
sustainable future = Renewable Energy
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Discussions
3 people like this. Showing 46 of 46 comments
vincent555
Kpower
Its salient factors
1. Kpower has net cash more than borrowings
2. Receivables ok. As they are from local established entities
3. Kpower has pivoted into healthcare and renewable energy.
4. With Malaysia's emphasis into clean green renewable energy Kpower is in the correct sunrising industry
5. Since Kpower is a fast growing industry like greatec, Uwc and others giving pp to raise cash is ok to meet it's growing job awards
6. Pp is the cheapest way to raise capital as it does not incur bank interest debt. This is what masteel is doing when it gives out pp and also RI
7. Datuk Karim has stated that Kpower is a separate entity with different management which is correct
8. With Brent oil crossing Usd76 and Palm oil Cpo over Rm3,500 Sarawak will benefit the most. As such Kpower should do well
9. Kpower should rise back up in its own strong fundamental after all the noise and dust is settled
10. Kpower should rise above Rm1.00 target price 1st and from there will still move up depending on future growth prospects
13/07/2021 9:54 AM
2021-07-13 12:24
wow... you are a karim/kpower convert now. when you gonna change religion?
2021-07-13 21:18
hahaha
no leh
This is an investment forum
Kpower is under Mr Mustakim and Team
Just buy kpower while cheap
2021-07-13 21:26
omg.. now he becomes kpower worshipper.. you have no idea how much investors got wiped off by serbad n sclb
2021-07-13 22:28
Yes ah?
Of course by now everyone knows what you are talking about
What you see is collective sentiment of the moment
And this too will past.
We already see the urgent need for renewable energy due to climate change every where on planet earth
Heavy storms in Beijing
Hot searing drought in Korea
Never before rainfall in Perth lately
Scotching hot desert like weather in British Columbia and Western Usa
The world is in upheaval and in need of urgent change of energy that pollute to energy that is clean. Transition from fossil energy is imperative
That is the difference between Kpower and others
2021-07-13 22:45
if you log in kpower website and see the key management team all come from " satu bumi" u will know the answer..... good luck guys
2021-07-13 22:46
What nonsence are you talking about
See Key Management Theme of Kpower here https://www.kpower.com.my/board-of-directors
Half or 50% are non bumi. The Leader is Mustakim Mat Nun
Deputy Chairman and Group Managing Director
2021-07-13 23:05
And see principal activities of Kpower
ENERGY & UTILITIES
Green and renewable energy related to hydropower, solar, waste to energy and biomass.
https://www.kpower.com.my/principal-activites
2021-07-13 23:07
See what happen in dry Perth?
https://www.youtube.com/watch?v=3p749wQCCeI
2021-07-13 23:24
See what is happening in Sichuan yesterday 12th July 2021
https://www.youtube.com/watch?v=RFO2roBioeo
2021-07-13 23:29
Heavy rain in Perth and Floods in Sichuan, China
At the same time
SCORCHING HEAT WAVE IN KOREA
See https://www.youtube.com/watch?v=LLWI2mbQpAQ
2021-07-13 23:37
https://www.kpower.com.my/key-management-team
What nonsence are you talking about , I am talking key management team!!!
2021-07-14 07:18
Key Management Team?
See this
https://www.kpower.com.my/key-management-team
2021-07-14 07:52
Hahaha Stupeed?
Look at Nestle
Nestle is Rm134.20
https://www.google.com/search?q=nestle+i3&oq=nestle+i3&aqs=chrome.0.69i59.3280j0j7&sourceid=chrome&ie=UTF-8
NTA?
NTA only Rm3.16
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3151810
Earnings of Nestle almost Rm300 (annualised)
You cannot value Kpower by NTA as this is a growth stock ok
2021-07-14 10:27
Kpower management shd clearly and convincingly address whether there will be another KPMG drama in this company. Open secret they hv integrity issues here.
2021-07-14 10:27
khyeap
Definitely no problem for KPower as Insiders bought lots from open market as high as 90 sen. They intend to buy even more to become Majority Share holders
2021-07-14 10:37
Kpower just won 4 new projects
A growth company needs lots of Funding
Even Facebook, Alibaba & Tesla need Funding in early Growth Years
See Masteel for example
It gave PP and now RI proposed
Even Dr Neoh Soon Kean the Grand Champion Investor is in Top 30 holders of Masteel
So PP or even RI very Ok if there is imminent Job Growth.
2021-07-14 10:41
Listen to this:
Great minds talk about ideas
Good minds talk about things
Weak minds talk about people
2021-07-14 14:15
longer term if market will rate Kpower p/e to match Solarvest P/E of 18.8 then Kpower should go back up over Rm2.00
Very long term if we can see into the future if Kpower can capture more hydropower like Mfcb or solar and biodisel jobs plus give consistent dividends then it might turn into a blue chip
2021-07-15 14:53
As for Scib see how Pan Borneo and future Capital shift by Indonesia to East Kalimantan in Balikpapan will stir demand for more construction materials supplies
2021-07-15 14:55
WHAT HAPPENED IN THE WORLD at July 9-12, 2021?Big wildfires in US & RussiaHail & floods in Europe, (Reposted article)
https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-07-16-story-h1568011674-WHAT_HAPPENED_IN_THE_WORLD_at_July_9_12_2021_Big_wildfires_in_US_Russia.jsp
2021-07-16 07:47
If you listen this half boiled egg Calvin enter K power on 12/July at around 0.80, now u suffer paper loss around 20 % ....
very happy morning........
2021-10-08 08:52
Ivanlau
If you trade short term there is no guarantee of immediate success
For longer term Calvin very sure Kpower will rise like Opcom
See Calvin in time past told people how good Opcom was around 65 sen
Opcom after that crashed to 40 sen (so? cry father cry mother then?)
Of course for short term punters. For long term investors Opcom now Rm1.46 has amply rewarded all who hold.
So will be K-POWER!!!
2021-10-08 08:58
If you listen this half boiled egg Calvin enter K power on 12/July at around 0.80, now u suffer paper loss around 25 % ....
very happy noon........
2021-10-27 11:56
If you listen this half boiled egg Calvin enter K power on 12/July at around 0.80, your will cry until no tears. today closing 0.41
very happy night ........
2021-10-28 20:04
If you listen this half boiled egg Calvin enter K power on 12/July at around 0.80, your will cry until no tears due to paper loss around 50 % !
very happy evening ........
2021-12-02 19:26
spammer left kpower long time ago...now trying to unload cpo stocks only
2021-12-03 14:33
Calvin, do Kpower employed migrant workers, if yes, pls ask management to treat them well, provides them with good housing, good food, good salary no OT and good bonus every year otherwise Andy Hall and ILO have a chance to attack.. Beware..
2021-12-03 15:25
No OT lol, they get paid for OT, they want OT. Why want to forcefully impose westerners lazy culture on us?
2021-12-03 15:30
Looks like Chef 2 restaurants closed for renovation, another here waiting to shut? Less and less diners as days passed.
2021-12-03 15:36
Once you ask these poor but ungrateful migrant workers to work OT, it is consider forced labour in the eye of Andy Hall and ILO, they will report these abuse to USA, UK or powerful nations to put pressure on our government to investigate the forced labour OT crimes..
2021-12-03 16:51
If you listen this 1/4 boiled egg Calvin enter K power on 12/July at around 0.80, your will cry until no tears as today closing 0.42 !!
very happy evening ........
2021-12-29 19:34
If you listen this half boiled egg Calvin enter K power on 12/July at around 0.80, your will cry until no tears as yesterday closing 0.35 !!
very happy morning ........
2022-01-26 08:11
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