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.

Yes G Capital is a substantial shareholder of Yi Lai

I am glad now people are beginning to understand the biz of Cypark and the value of its' shares

One more thing. The debts for such concession projects are normally non recourse and ring fenced around the projects so no exposure to risk on the debts to Cypark holding co.

Some people questioned about the lack of cash in despite the good profits. This is a fair worry in normal company operation but in the case of Cypark many of its projects falled under service concession agreement with the government. The accounting treatments for such projects may show profits even during the construction phase before project completion. So such projects may show accounting profits but may not show cash comping in. But nothing to worry. Lots of cash will come in later during operation.

Perhaps not many are aware that G Capital has a large portfolio of hydro power projects both completed and under development. Recently G Capital have an MOU to expand its hydro interest to buy a number of hydro project interests in Perak and Pahang totaling 56 MW, both completed and underdevelopment.

The Ministry of Defence (MKN) recently announced that they are planning to reimplement the National Service Training Program (PLKN).
Gunung Capital was the provider of buses used for the program before it was terminated, Some of the buses are now being used for a school bus transportation service to armed forces camps under a contract worth more than RM 44 m.
If PLKN is revived, Gunung will definitely benefit !

You have to wait for a very long time, that if you are lucky, to sapu below 50 sen !

It is true that MudaJaya owns solar farms in Malaysia but very unfortunately the big coal power plant in India is killing the company.

Some people do look forward to joys of schadenfreude ! Cant avoid it as there are always sadistic people who find joys in others' misfortune.

The previous extremely low prices were due to sell down by major shareholders and directors and reissue of ESOS at unreasonably low price of 59.5 sen only. The fundamental biz of Cypark is ok and in the right growing sector of environment and green energy.

Cypark biz requires heavy capital investments for projects with robust contracted incomes for up to 21 years. So high gearing is very normal for such biz. An IPP projects for example will have a high gearing of 80/20 to 75/25. Since the incomes from such projects with long term contracted off takes are robust, the risk of failure is rather minimum. Therefore the issue of financing such projects is not a problem at all.
Cypark had recently issued a green sukuk to finance their projects in additions to it's normal bank borrowings. With the current lower interest rates on borrowings, companies with large borrowings for financing viable and profitable projects will in addition benefit greatly from lower cost of financing.

As the prices move up you should buy and sell higher on momentum.

Those who buy knew the answer why they buy. You have to do some thinking yourselves

No worry, just take a close look at current intrinsic value and future growth and value as well !

Still a long way up to reach Cypark intrinsic value !