bukithot | Joined since 2013-10-14

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2020-03-14 08:47 | Report Abuse


“This time, the focus will be on the National Cleanliness Policy we launched last year, waste-to-energy (WTE) development and waste parks,” she said when asked about her priorities.

Last April, Zuraida said the ministry planned to build WTE plants – where rubbish is incinerated to produce electricity – in every state by 2020. However, the first plant in Ladang Tanah Merah in Negri Sembilan has been hit by numerous delays which the developer has blamed on the geological formations at the site.


2020-03-13 22:41 | Report Abuse

Looking for longer term.


2020-03-13 13:27 | Report Abuse

Hi hng33, I remember last year CYPARK announced that there was road access issue to Awte Plant so they also got a contract till Aug 2020 to complete the road access. Is wte plant only able to achieve COD after that road access issue is resolved?


2020-02-29 19:24 | Report Abuse

Which one are you referring to ?

hng33 There is NO any other business model better than power concession in time of bearish market.

Cypark maiden waste to energy power plant have start commercial operation, boost up cypark renewal energy 2x higher to 62 MW.
31/01/2020 3:37 PM


2020-02-29 15:57 | Report Abuse

Slow down in revenue for Aerospace segment is expected for next quarter. Hope it is temporary as COVID-19 is hitting airlines industry really hard.


2020-02-08 10:37 | Report Abuse

Hi OTB, DK66,

First of all thank you so much for your sharing of precious information and views in this forum.

From JAKS annual report of 2018, it mentions 'the commercial operation of the frst unit of the power plant is expected to commence between the third and fourth quarter of 2020, followed by the second unit in 2021'.

From latest information, it indicates that unit 1 (Mar 2020) and unit 2 (May 2020) will be commissioning ahead of the timeline indicated in the annual report.

Is it your understanding that JAKS sped up the progress than expected? :)


2020-02-02 19:31 | Report Abuse

Howard Marks - Oct 2008 memo :.... I want to take this opportunity to congratulate and thank my Oaktree colleagues for
their ongoing steadfastness. There’s a simple formula for taking maximum advantage
of opportunities in a collapsing market:
(a) have a firm, well-reasoned estimate of an asset’s intrinsic value;
(b) recognize when the asset’s price falls below its value, and buy;
(c) average down if the price goes lower; and
(d) be right about the value.
Acumen and resolve are both essential. My colleagues continue to show both. In recent
weeks our list of purchases has been long most days, and our list of sales almost non-
existent. Where there’s cash we’ve put a lot to work, averaging down aggressively, in
what we think are great buys.


2020-01-14 21:59 | Report Abuse







2020-01-04 11:09 | Report Abuse


1. CGS-CIMB Equities Research pointed out that in December, Cypark won the bid to develop a 100MW solar plant in Marang, Terengganu, in the LSS3 auction. The plant has a commercial operation date (COD) of end-2021.

2. “We also gather that its 20MW waste-to-energy (WTE) plant in Negeri Sembilan is 100% completed, with all machinery in place, and should be able to reach its initial operation date (IOD) by early-2020 and COD by 2QCY20 (initial COD target was end-June 2019), ” it said.


2019-12-31 05:20 | Report Abuse

RFP for WTE in Malacca is coming up...


MELAKA, 4 Nov -- Kementerian Perumahan dan Kerajaan Tempatan (KPKT) akan memulakan proses 'request for proposal' (RFP) pada bulan depan untuk syarikat yang berminat membangunkan loji yang menukarkan sisa pepejal kepada tenaga (WTE) di Sungai Udang di sini, kata Ketua Setiausahanya Datuk Seri Mohammad Mentek.

Beliau berkata syarikat yang boleh menyertai RFP adalah dalam kalangan yang lulus dalam jawatankuasa teknikal peringkat KPKT dan dijangka teknologi WTE itu akan dibangunkan di tapak pelupusan sampah di Melaka pada pertengahan tahun depan.


2019-12-31 05:13 | Report Abuse

“I have been informed that there has been another delay in completing the plant and it is targeted for completion next year."



2019-12-31 05:11 | Report Abuse

Wte is going to delay to next year... Another delay again...lousy mgmt


2019-12-28 14:41 | Report Abuse

The Board of Directors of Cypark Resources Berhad ("the Company" or "CRB") wishes to announce that Cypark Smart Techonology Sdn. Bhd., a wholly-owned subsidiary of the Company had on 13 August 2019 accepted a Letter of Award dated 9 August 2019 from the Department of National Solid Waste Management (Jabatan Pengurusan Sisa Pepejal Negara), under the purview of the Ministry of Housing and Local Government (Kementerian Perumahan dan Kerajaan Tempatan) in respect of a contract for Design and Build Project of Access Road to the Integrated Sanitary Landfill Site (Projek Merekabentuk dan Membina Jalan Masuk ke Tapak Pelupusan Sanitari Bersepadu) at Ladang Tanah Merah, Negeri Sembilan ("the Works"). The total contract value is RM12,527,546.35 (Ringgit Malaysia: Twelve Million Five Hundred Twenty Seven Thousand Five Hundred Forty Six and Cents Thirty Five) only. The stipulated completion date of the project is on 25 August 2020, which is 12 months from the date of site possession on 26 August 2019.


2019-12-28 14:40 | Report Abuse

In the announcement dated August 2019 ,it says the construction of the access road is for a period of 1 year till Aug 2020...does it mean wte plant will only commence operation after that? That is almost 3 years delay... a period of 1 year.


2019-12-27 12:30 | Report Abuse

Come come come


2019-12-15 14:57 | Report Abuse

For qtr result ended 30.09.2019,
"With the existing balance order book in the Construction Division, the progressive recognition of sales from the Property Development Division and the potential new construction projects, the Board of Directors is cautious of the sustaining performance of the Group for the coming financial quarter. "

The word cautious implies that...


2019-12-05 19:09 | Report Abuse

Mil888, can share more information why you said BioStar commissioning failed?


2019-12-02 23:07 | Report Abuse

"He adds that the company aims to secure 500 customers — mainly from Malaysia, Indonesia, Thailand, Latin America and Nigeria — by 2024. “Our first customer for BioStar is from Thailand. We will design and build the POME wastewater treatment plant for them, which will be ready for commission between June and August this year.”

With each BioStar priced at 8mil, this guy is targeting 500 * 8mil = 4,000mil sales over 5 years?!
That is like 800mil a year? 4 times market cap?


2019-10-08 12:31 | Report Abuse

Where did you all get the news of 20sen dividend?


2019-09-12 07:13 | Report Abuse

Brexit: UK government publishes worst-case scenario for no-deal


2019-08-22 06:44 | Report Abuse

Need to wait till 2020 when waste mgmt plan starts operation


2019-05-07 21:41 | Report Abuse

From annual report 2018: "We are working on the disposal of
7.07% equity interest in RKM in India to
reduce our exposure in the Indian IPP
investment. The disposal is subject to
fulfilment of the conditions precedent."


2019-05-06 12:56 | Report Abuse

Lelong... Lelong...


2019-04-30 13:28 | Report Abuse

All time high coming?

News & Blogs

2019-01-19 14:11 | Report Abuse

For a run-of-the-river system to be possible in a given location, there needs to be two specific geographical features. The first is there must be a reasonably substantial flow rate, either from rainfall or a melting snowpack. In addition, there must be enough of a tilt to the river to speed the water up significantly.[4] Therefore, run-of-the-river systems are best implemented in bodies of water with a fairly constant flow rate. If they are built in locations where flow rate is fairly low for a period of time and then peaks dramatically, there will be a large amount of "wasted" water during the peak flow periods as the excess water falls through the spillways. This is because these systems are built to accommodate the lowest flow rate—thus, not be able to handle significantly larger flow rates.

In run-of-the-river systems, running water from a river is guided down a channel or penstock. There can be some change in altitude at this point (from a small dam or the natural landscape) so there may still be some contribution from "falling water." The diverted water is brought to an electricity generating house. In this house, the running water drives a turbine, running a generator and generating electricity. After being used, water is fed to the river downstream.[3]

Although run-of-the-river systems rely primarily on the flow rate of rivers to generate electricity and not a significant amount of water storage, some a small-scale dam or weir to ensure enough water enters the system itself. Pondage (a small amount of water stored behind the dam) is occasionally used, making them generally more reliable as they compensate for any discrepancies in water flow. This stored water isn't like a reservoir because it stores enough for "same day use" not future uses.[4][2]



2019-01-18 08:35 | Report Abuse

This is what PB research says, ". Based on our earnings estimates, the hydropower project will
contribute annual sales of RM400m-RM450m and profit of RM200m-260m
during the 25 years of concession."


2019-01-18 08:31 | Report Abuse

Is 200mil expected profit sustainable if this includes the construction profit which is not recurring when the laos powerplant is up and running?


2018-10-12 08:31 | Report Abuse

LONDON: London’s house price slump left Britain values stagnating for a fifth month in September as Brexit concerns and interest rate rises discouraged buyers.

The Britain’s negotiations over leaving the EU dominated the concerns of London agents in the monthly survey from the Royal Institution of Chartered Surveyors. They said there hasn’t been much of a pickup after the traditional summer lull, with buyers more cautious and sellers forced to cut prices to secure an offer.

Nationwide, prices weakened slightly last month, the Royal Institution of Chartered Surveyors said in a report yesterday. Brokers in the capital reported the steepest slide in home values, with the southeast and East Anglia deteriorating. That was offset by increases across much of the rest of the country.

New buyer demand declined for the second successive report, with RICS’s forward-looking sales expectation indicators turning more pessimistic.

The British housing market also has lost its momentum after a thr­ee-decade boom that was fanned by a shortage of supply across the country. London, which led the explosive gains, is now bearing the brunt of concerns over the economic and political outlook ahead of Britain’s divorce from the European Union.

Allan Fuller of Allan Fuller Estate Agents said: “Market generally slow, vendors have to accept that values have dropped. The future of the market depends almost entirely on Brexit negotiations.”

Allison Steele, Regent Property also said that uncertainty over Brexit is having a massive impact combined with CGT implications.

“Main focus of concern with buyers and sellers is the stability of current government and Brexit. Plenty of mortgage deals available, as lenders chasing very few buyers,” said B. K. Bhalla of Acrewoods.”

James Cooper, Knight Frank added: “It appears to be a long summer with the quiet holiday months extending in to the autumn. The constant negative rhetoric surrounding Brexit, and now the potentialadditional SDLT for overseas buyers is further causing uncertainty.”

Another real estate specialist, James Gubbins said there are many enquires but buying is poor.

“Enquiries are on the rise but many are expressing caution in committing to purchase unless they are getting a real deal,” he said. — Bloomberg


2018-10-07 15:31 | Report Abuse

On our part, we have designed our Build to Rent business model centred around a golden brick arrangement
where land and costs incurred are paid upfront, and the remaining costs funded through a progressive
payment structure. This is an ideal structure for us to anchor our UK growth ambitions – it enables us to
effectively leverage on a relatively small amount of upfront equity to fund the entire Build to Rent
development and generates positive project cash flows earlier. As a result of this our Build to Rent business
can be scaled up very quickly and we will be able to work on multiple projects concurrently.
Kew and Barking are great locations for renters in terms of affordability, connectivity and local amenities, and
we have identified many more of such sites within EcoWorld London’s existing portfolio where we can deliver
our Build to Rent projects. This will stabilise and enhance EcoWorld International’s income generating
capacity going forward to include steady cashflows from institutional investors buying Build to Rent properties
to complement retail sales made to local homeowners and international investors on the Open Market Sale
side of the business."


2018-10-07 15:27 | Report Abuse

What is the business model for build-to-rent? Is EWINT going to built and sell to owners and manage, but does not own the property?

“EcoWorld London has designed its BTR business model centred around a golden brick arrangement where land and costs incurred are paid upfront, and the remaining costs funded through a progressive payment structure. It enables us to effectively leverage a relatively small amount of upfront equity to fund the entire BTR development and generate positive project cash flows earlier,” said Cheong.



2018-10-01 22:58 | Report Abuse

top up at 0.9, 0.8. 0.7

News & Blogs

2018-09-15 15:10 | Report Abuse

Thanks teoct for very insightful article!

Referring to the 2018 Jun results briefing video (Quarterly Financial Report 30 June 2018 Webcast), it was mentioned that there is planned maintenance to North Sabah fields over the next two financial quarters. Anyone knows...

What is the implication of the maintenance to production?
Does it mean that there will be no oil production from North Sabah over the next two quarters?
What is the frequency for the maintenance? How about Anasuria?


2018-09-15 15:05 | Report Abuse

Referring to the 2018 Jun results briefing video (Quarterly Financial Report 30 June 2018 Webcast), it was mentioned that there is planned maintenance to North Sabah fields over the next two financial quarters. Anyone knows...

What is the implication of the maintenance to production?
Does it mean that there will be no oil production from North Sabah over the next two quarters?
What is the frequency for the maintenance? How about Anasuria?