Apex Securities starts coverage on Solarvest, target price RM1.95
By Surin Murugiah / theedgemalaysia.com
20 Jun 2024, 09:28 am

...'Apex said its bullish stance stems from several key factors: (i) direct proxy to Malaysia’s renewable energy (RE) target under the National Energy Transition Roadmap, (ii) Solarvest's solid track record, having completed 1.2GW of projects, which is the highest among peers, (iii) Solarvest's efforts in building a solar empire to generate diversified revenue streams, (iv) uniqueness of Solarvest's in-house solar financing programme Powervest, which fosters the adoption of solar photovoltaics in the commercial and industrial solar sectors, (v) consistent capture of an average 20% market share of engineering, procurement, construction and commissioning jobs from LSS 1, 2 and 4, (vi) Solarvest's robust tender book, currently standing at 6.1GW (Malaysia 4.0GW and Overseas 2.0GW) and (vii) normalising of solar module prices.'

https://www.enanyang.my/%E8%A1%8C%E5%AE%B6%E8%AE%BA%E8%82%A1/%E3%80%90%E8%A1%8C%E5%AE%B6%E8%AE%BA%E8%82%A1%E3%80%91%E6%B0%91%E9%83%BD%E9%B2%81%E6%B8%AF%E5%8F%A3-%E7%A0%82%E5%B7%9E%E9%A1%B9%E7%9B%AE%E6%94%AF%E6%92%91%E5%B1%95%E6%9C%9B

https://sarawak.sinchew.com.my/news/20240724/sarawak/5786597

https://dayakdaily.com/worlds-first-gas-derived-butter-bintulu-emerging-as-key-town-in-swaks-economic-transformation/

Putrajaya finally hands over Bintulu Port to Sarawak

https://www.themalaysianinsight.com/s/485605

very good point @Donator
Magnum still value buy@RM1.26

Today submit proposal to parliment to approve to allow Biport to be self-managed by Sarawak govt
Good luck comrades..

At this price RM 15.1x, anyone dares to buy in..

Whether it is at the bottom or not definately need to see what the operator thinks this price is sufficient to force out the unstable buyers or not..

Today (12 July 2024) is a very important day for Bintulu.
Cabinet discuss whether to allow Bintulu Port to be managed by Sarawak Government itself or not..

Good luck to the holders..

https://dayakdaily.com/fed-govt-expected-to-table-bill-to-repeal-bintulu-port-authority-act-1981-in-next-weeks-parlimanent/

Well said @targetinvest
Thanks a lots

if you buy it you deserve to loss..

Like this Hpmt becomes AI Data Centre related share

correct NFO win the case and state govt need to pay compensation..

Good info
Thanks to those who contribute the plus points

Market price Definately interesting this afternoon..

bargain apa?
dead stock..

Omg gg.com

take profit and enjoy during weekend

slump because of poor QR..

Is it you imply those who are in high position can do whatever you can, including using unfair high ranking position to earn profit and those in low ranking has no choice and need to follow stringent law to make profit..

Tenaga coal plant itself still on going operation, why must malakoff plants must produce renewable energy..

PPA going to expire, any chance to renew/extension.. because plants are there and can be used again again esp in data centre theme where electricity consumption is expected to be high in nearby future..

Maubank not honest..

quote wattsy:
Interesting with the deal is that it's backdated to 31st December 2022 so all profits from Total Energies accrue to Hibiscus so the final consideration may be significantly less given oil prices over the last 18 months..
No new debt either. Seems like the final consideration accruing profit will be slightly less than US$200 Mill as Totla Energies PAT for last year was around RM160 million, assuming a close in October this year around US$60 Million will also accrue to Hibby.. Sounds like another excellent deal.
===========================
Deal on 31 Dec 2022
Profit after tax for Totla = RM 160 million = US 34 million
and this year till oct est US 60 million, total approx US 100 million

less pruchase price = US 260 million = net purchase cost = US 160 million

ROE = say US 40 million/US 160 million = 25%

Good return but why Brunei want to sell..?

next monday resume trading

Could you figure out why KWAP bought in 3 million ++ shares @ RM 0.84 on 10 Jun 24?
Any good news not yet disclose to the public..

share price movement and volume transacted like this way is definately good in nearby future
keep it upp

seem like good biz but why badly managed, any possibility to turnaround..?

it already breakout, it is time to look into this stock..

Water uses for cooling system can be reused and reused after being cooled, no wastage of water, so how water supply co can benefit it..?

Thanks @GSX1111 for giving your insight

Could sb explain to me why you choose Ranhill rather than PBA?

you delay your completion date to Mar 2026 and yet you have announced your project to be completed on Mar 25
therefore you company share price will do correction to reflect this situation..

there is no fast route to success and you need to keep your word..

Thank dragon328 summarized the key main points

People this type of PUSHING is the final round of death battle
Do you believe?

Date today 28 May 2024 GCB reaches highest and going to collapse..

Profit mainly came from unrealised gain on derivatives RM 219,616,000, not from operation

Included in the profit before tax are the following items:
Current Current
Quarter Year
Ended To-Date
31-Mar-24
RM'000
Amortisation of leases 2,505
Amortisation of intangible assets 289
Depreciation 18,113
Realised loss on foreign exchange 7,807
Unrealised loss on foreign exchange 6,896
Realised loss on derivatives 100,320
Unrealised gain on derivatives (219,616)

too late to buy..

Top up some RM 16.38

unconsciously already RM13.10..
good investment definately

current price 16.70+dividend price 2.12 = cum dividend price approx. RM19..still ok near recent high RM 21 not far away

yeah!
No bad collected at low price

https://dayakdaily.com/premier-bintulu-energy-park-to-attract-usd460-bln-investment-spending/

Hi Dakewlest
Good to see rare supporter here. i bought and hold, probably can get bonus shares..

nibble some at RM 15.86 today..

Because Section 7 defers completion time to March 26

Nibble some RM 16.44 today

It seems share price adjustment nearly complete
Top up some at RM 16.xx to get ready for good QR announcement

Wish me good luck