The ACE Market Samaiden and Solarvest should not be compared at all with Cypark as they are basically just contractors for green/solar projects. The nearest comparison to Cypark in green energy space are perhaps Main Board listed Amcorp Properties that own both solar farm and small hydro plants; and G Capital that own a no of hydro plants.

However except from issuing and repricing ESOS at too large a discount, Cypark is an excellent company in the right growing sector and still very much undervalued at current price. The current high debts and negative cashflows are of no issue if you understand properly the kind of biz that Cypark is in.

Agreed that ESOS exercise can be beneficial for both the company and the affected employees if it done and price rightly. ESOS should be given subject to some performance targets and issued at a fair price, not at a huge discount. In addition it should not be issued in large numbers and too frequently.

Other green energy projects include waste to energy, biogas and biomass.

Cypark has developed and owned more than solar farms in the space of green energy.

G Capital is a growth company under the new shareholders. Apart from land transportation and green energy from minihydros, the company had ventures into a no of growth biz in healthcare, IT, banking in Cambodia and recently even buying shares in Maju Perak Bhd. With a healthy balance sheet and growth oriented new management, G Corp will certainly do well and flourish going forward.

Avoid investing based on hope but based on the thorough understanding of the company biz and doing FA and TA.

G Capital continue to buy more of MajuPerak and the major shareholder continue to buy more of G Capital!

1.19 is a very good price to buy, way below the intrinsic value !

This new MCO will significantly affect tourism and hospital biz which unfortunately one of the core biz od Eden.

Mathatter, thank you for your write up and comments on The Edge. Many would probably agree that the weekly news paper have written erroneous reports on corporate matters before.

Sorry at 59.5 sen

What has pushed the price down is likely due to sell down by substantial owners/directors and the unreasonably low price of ESOS at only 69.5 sen.

Congratulation to G Capital for getting a higher rate per kWh output from 25 sen to 28,98 [an increase of 16%) for its 10 MW hydro plant in Lenggong. PHREC that owns 10% equity interest in that hydro project is in fact an indirectly owned subsidiary of G Capital.
G Capital currently has interests number of hydro projects which are both under development and completed in Perak. Recently G Capital has announced its interest to purchase a number of hydro projects in Perak and Pahang.

Investing in an Air line, especially Air Asia, now has little if any risk but has uncertainty going forward. Do not conflate risk with uncertainty. Look forward to the future, not the past and avoid irrational fears.

The new and future Air Asia is not the same as the old Air Asia. Big congratulation to the management of Air Asia for transforming the air line into a new animal all together!

Those who can wait will be very well rewarded.

A likely reason that depresses the current price of Cypark today probably due an exercise of more than 6m ESOS at extremely cheap prices of only 69.5 sen. But the economic of the company remains intact. The plunging down of Cypark stock price is a good opportunity to accumulate as the selling down is due to non economic reason.

huat_ahh, thank you for your good write up on G Capital and the proposed Oriental Bank in Cambodia. Although Public Bank has no connection with the establishment of Oriental Bank, the bank will certainly derive huge benefit from Phan experience, knowledge and most importantly connections in Cambodia. Those familiar with doing biz in the country will attest that right connections and familiarity with the local culture will make or break a biz.

However I tend to disagree with the statement that G Capital is not a growth company. The company had ventured into green energy business via development, ownership and operation of hydro power plants in the state of Perak. Recently it has proposed to expand its hydro portfolio via purchase of a no projects not only in Perak but also Pahang.

G Capital in addition has major investments in health care services and IT solutions via investments in LYC and Yi Lai respectively. Renewable energy, healthcare and IT are all high growth industries.

Nothing to worry at all about Cypark if you know its biz well. Price will finally reach its intrinsic value sooner or later.

If you can keep your head and your heart strong
while others are losing theirs ..........

There is always opportunity in calamity

No worry the economic of the company will not be changed due to misinformation/misunderstanding.

Yes NST gave a good clear and accurate reporting on G Capital venturing into banking in Cambodia and the state of the country economy and prospects for business.

I just don't understand what was the intention of saying that Public Bank not involved in the establishment of Oriental Bank plc in Cambodia? We all know that Public Bank is never mention in the yesterday release of HOA for the JV to establish the Cambodian bank.

Some people simply wrote wrongly without mentioning the sources nor verifying the truth about involvement of Public Bank. Only the writer knew about the intention for writing such stories. Similar incidence that have caused misunderstanding have happen before too. Nothing new.

Any way Public Bank is already well established in Cambodia and it does not need another bank. I don't know how some people associate Public Bank with the establishment of proposed Oriental Bank.

Later may be a panic buying!

Must be some misunderstanding some where. As far as I know no involvement of Public Bank whatsoever.

There was no mention of involvement of Public Bank in the HOA for the Oriental Bank Plc JV. I don't know where the involvement of Public Bank comes in.

This price drop is nothing to worry about. Just concentrate on the current value plus growth in the businesses G Capital is investing.

"Based on the National Bank of Cambodia’s Economic and Monetary Statistics report in 2018, the interest rate for loans in US dollars is 10%"

Oh my god 10% for dollar loans!!! Just imagine the profit margin.

A full-fledged commercial bank in Cambodia !!!

Now finally we have formal announcement of establishment of Oriental Bank Plc in Cambodia!

Congratulations to Pestech International and we knew that you have a very bright future in front of you!

In investing, study the past and presence, but invest for the future at at least 6 moths or more.

There is hardly any risk in investing LCC airlines like Air Asia but only uncertainty with respect to exactly when the full recovery of air travels will happen. Now the best time to invest or trade Air Asia. Full service airlines will recover slower and most likely will not be like prependamic assuming some biz can be done on line, cheaper and convenient. Pent up demand of leisure travels will greatly benefit LCC especially those airlines that manage to survive as there will be less competition and lower costs of operation.

Flyfly..Be careful of what you wish, you may get it !!!

What I am trying to say is that if the banking license is obtained, the valuation of the company will be much higher than now. The banking license will be a huge bonus!

In medium to long term G capital worth more than the current price even without the Cambodian bank.

No need to wait for something to happen. Just understand Pestech business and evaluate carefully the current intrinsic value plus the likely future growth.

Some of us know very well that Air Asia will not only survive but thrive well post pandemic.

Some thing must definitely be brewing for such sudden interest in Benalec!

Ranhill will make profit from improving the operation of IWK through it experience and expertise. In addition Ranhill will reap the benefit from the economy of scale.
Based on its existing business without IWK, the company is fairly undervalued. IWK will be an excellent bonus though.

Don't worry as the company at current prices is still undervalued as some investors may misunderstand its business. Directors/major shareholders had been buying at prices above RM 1.00 in much earlier time this year even in the deep of the pandemic.

Sad state of affairs for YTL Power that own and operate the so called 4G telecommunication network!

Yes got issue not only with voting but also unable to follow the meeting fully as the streaming was only functioning parts of the time. Tricor failed to carry out the job properly as it should.

Lyc in a good biz with a growing demand. The company is turning around from it original biz in IT by going into healthcare and growing its biz steadily via both organically and strategic acquisitions and its future seems bright.

Ranhill is the most logical company to take over the running of Indah Water from the government as it has proven track records of operating and managing water supplies and waste water both locally and overseas.
Any how, water supply and sewage should, in the first place, be managed in an integrated way, not separately to be effective and efficient.

This stock is currently undervalued. There is nothing to worry about the heavy borrowings as the company investing in capital intensive projects that will bring steady long term profits and cash flow.

In investing we look to the future, at least 6 months or more. The past and the present can only be used as a guide at best. We all know that there will still the need to use airlines for traveling and therefore there will be airlines that exist to cater for this need in the coming future.
Once sky is open to flying, there will certainly be huge pent up demand for air line travels especially for leisure and tourism, non business sector, as many businesses can still be conducted on line.
Hence the low cost carriers will first and the most to benefit from soon opening of the sky.
Air Asia being the best if not one of the best low cost carriers will very likely to survive compared to the others. Those airlines that manage to survive will reap huge benefit.