Already get the bullets ready to shoot if it retraced to 0.35 - 0.36

Bright outlook for renewable energy sector

https://www.thestar.com.my/business/business-news/2024/12/19/bright-outlook-for-renewable-energy-sector

Its KL 48 property, a modern high-rise residence with free shuttle service and just 500m from the nearest MRT and LRT stations, will have high take-up rates too

After PGB and Solarvest mutually terminated MoU, Solarvest teams up with Huawei to provide energy storage solutions

https://www.nst.com.my/business/corporate/2024/12/1146151/solarvest-teams-huawei-provide-energy-storage-solutions%C2%A0

Don't worry, it will breach the 0.40 resistance level when the good news comes

They have diversified into the waste gas treatment business for semiconductor industry

https://themalaysianreserve.com/2024/12/03/solarvest-to-acquire-30-stake-in-siw-manufacturing-for-rm36m/

I think the property market performed strongly in the third quarter of this year with over 112,000 transactions worth RM57.31 billion. Hence, property stocks are rising

https://www.nst.com.my/property/2024/11/1139156/property-market-growth-momentum-bttv

Solarvest Holdings Bhd expects the outlook for the renewal energy (RE) industry in Malaysia to remain optimistic, underpinned by the government’s aggressive effort to increase its RE capacity to 70% of Malaysia’s total energy mix, with an aspiration to achieve net zero by 2050.

In a filing with Bursa Malaysia, Solarvest said the power sector is expected to increase its RE capacity to 31% by 2025 and 40% in 2035, with solar energy slated to become the dominant RE source in the system.

For the second quarter ended Sept 30, 2024, Solarvest’s net profit rose to RM9.2mil from RM7.18mil in the previous corresponding period, while revenue dipped to RM103.91mil from RM139.90mil in the previous corresponding quarter.

Solarvest said the decrease in revenue was primarily attributed to the completion of all large solar scale 4 projects, which were still actively ongoing in the corresponding quarter of the previous year.


Basic earnings per share in the second quarter of the current financial year stood at 1.31 sen versus 1.08 sen a year earlier.

For the six-months period ended Sept 30, 2024, Solarvest’s net profit grew to RM17.04mil from RM13.88mil in the previous corresponding period, while revenue dropped to RM176.56mil from RM283.29mil a year earlier.

https://www.thestar.com.my/business/business-news/2024/11/25/solarvest-remains-optimistic-on-local-re-industry

To maximize revenue potential, EcoFirst has expanded its sales and marketing teams and increased spending on marketing activities in FY2024. This surely will further enhance the company's brand presence and attract a wider range of buyers to its projects !

Solarvest's subsidiary, Selarong Pertama Energy Sdn Bhd (SPESB) has received approval from Tenaga Nasional Bhd (TNB) to operate as a merchant generator to sell energy to the single buyer from a 29.99 megawatts (MW) facility to be built in Kulim, Kedah.

https://theedgemalaysia.com/node/733699

Mr Chew will continue to increase his stake as he is bullish on Ecofirst's prospects

https://www.orientaldaily.com.my/news/business/2024/11/01/689165?fbclid=IwY2xjawGRKJhleHRuA2FlbQIxMAABHTr_CxiDuORSA3dpOgrlf1vkqFXwM9L4FUD9OGg6t_-pwzvwUaz8KmtIvA_aem_NNzixk9fxVlve5Z_4UuJ3Q

Solarvest sets sights on more overseas expansion
https://theedgemalaysia.com/node/731064

Thank God got tapped in at 29 cents that day 🤗

Analysts sanguine on Corporate Renewable Energy Supply Scheme, see RE sector as prime beneficiary
https://theedgemalaysia.com/node/720715

Collect some at 0.29 cents today 😊

May be certain businesses of Samaiden flow to Solarvest 😁

It may declare special dividend after selling the hotel

I got that hunch too, confidential 😊

Markets slide as US presidential election looms ... I will snipe it below 30 cents

Mapping the future of solar capacity in Southeast Asia

https://www.eco-business.com/news/mapping-the-future-of-solar-capacity-in-southeast-asia/

Be greedy when people are fearful. Catch some at 33 cents 😉

On the way to RM2 this Solarvest🔥🔥

If the share price break through the double bottom at RM0.420 resistance, Yongtai is likely to test the next resistance level at RM0.455 and RM0.540 respectively.

Nice, EPF is collecting

Share price moves like a wave, so it will go back up

At what price are you waiting to eat, Shines?

Awesome, Yong Tai starts to rise before ENCORE MELAKA reopens on 7 July

Solarvest’s RM242m outstanding orderbook as at end-FY24 provides earnings visibility into FY25E

https://www.businesstoday.com.my/2024/07/04/solarvest-shines-on-outstanding-orderbook/

it's the next rally for Yong Tai 😉

In a highly anticipated announcement, ENCORE MELAKA has unveiled its plans to reopen on July 7, 2024

https://murai.my/2024/220016/encore-melaka-mengumumkan-musim-baharu-yang-penuh-dengan-persembahan-hebat-dan-memukau/

Solarvest partners GreenRock Energy to further RE goals

https://www.thestar.com.my/business/business-news/2024/06/24/solarvest-partners-greenrock-energy-to-further-re-goals

With collaboration with Sichuan Tourism Investment Group (STIG), Yong Tai is preparing to resume shows at Encore Melaka next month. It plans to leverage STIG’s experience and expertise to manage and operate the theatre, setting a target of achieving a 70% occupancy rate within six months.

Apex Securities starts coverage on Solarvest, target price RM1.95

https://theedgemalaysia.com/node/716057

Yongtai had signed a collaboration agreement with Sichuan Tourism Investment Group (STIG), a state-owned enterprise from Sichuan province, China, to revitalise the operations of the Encore Melaka theatre. By the way, Fan Bingbing is current Malacca’s tourism ambassador 😉

https://theedgemalaysia.com/node/714895

The forthcoming Corporate Green Power Programme (CGPP) contract awards are expected to create RM1.4 billion to RM1.6 billion in engineering, procurement, construction and commissioning (EPCC) job opportunities. Good catalyst for RE companies

https://www.nst.com.my/business/corporate/2024/06/1062952/cgpp-create-rm16bil-epcc-contracts-affin-hwang

FYI, the Federal allocation for the development of Sarawak will increase to RM5.8 billion from RM5.6 billion, whereas for Sabah, the allocation will increase to RM6.6 billion compared to RM6.5 billion

Ya. Sunny day is coming and most of solar companies are going up 😁

Its Q4 will be out in March, not so soon ...

The company gave its employees to subscribe at discounted price as an incentive. Not necessarily that it will drop further

Market sentiment is back on track, so is Jati Tinggi 🙂

Wow, it is marching to Rm4

JTGROUP will gradually be taking orders from major contractors. Hence, the contract value will be more and the profitability will also have the opportunity to be higher

You need a big heart to do idss on this counter as not much buying and selling volume

www.mymrt.com.my/projects/mrt3-circle-line/

In other words, Jati tinggi might also involves in the MRT 3 project too

Jati Tinggi is one of the players in the infrastructure utilities engineering field, specialising in the provision of underground and overhead utility engineering services and solutions, substation engineering, procurement, construction and commissioning (EPCC) services, and the trading of equipment for substations in the electricity supply industry

Normal thing for it to undergo correction after the strong rally

Ignore that clown. This company will keep growing regardless and obtain more projects this year

Those are immature traders or traders who regret selling too early. No need to bother much on them, dragon328

now is your chance to enter if you missed/didn't get the IPO