Bumi armanda profit USD denominated, higher USD rate translate into higher MYR profit

added all more cypark at 40.5sen

WTF is completing testing and commissioning soon, just wait for COD announcement

Higher high - - - > bullish signal

sold at 77-78sen, bought back at 72sen

Caution! crack spread now at USD10, future next month indicate further tumbling to USD 7!

Caution! crack spread now at USD10, future next month indicate further tumbling to USD 7!

Incineration temperature ranges from 300–400°C, whether, wet or dry waste, no difference at such high temperature, all burn off to generate heat

hahaha, WTE use incinerator to burns completely combusted waste at ultra-high temperatures allowing for energy recovery, whether waste is wet or dry, it will completely burn off

Whether or not LSS2 award to anyone else, make no different as it is awarded by government. These private companies opt to subcon to cypark everything from funding, EPC, M&E. More importantly, the funding is via sukuk, it is non-recourse project debt, strictly guided by RAM rating, back by gov concession agreement. If no mistaken, LSS2 traffic rate is fetching as high >30sen if compared to current LSS4 17sen

Major shareholder suffer heavy loss due to margin call, judging by its ESOS cost is higher than market price. It is their fault for failure to achieved COD earlier. Many minorities also follow paid heavy loss due to intense selloff pressure.

To me, i see opportunity at current price. My previous purchase was below 30sen, locked profit at 45sen. Now, is my second round buyback at 33sen. I don need to fall in love in these stock, trading for profit is more important to me.

Short term, i wish to wait for cypark WTE COD announcement as good news, which should serve as catalyst after long overdue. Nevertheless, TA still come first, FA only second.

hope so :D)

Cypark should resume cash dividend payment to shareholder once COD achieved to all it solar plant and WTE. Cypark acting as financer for LSS2 stand to grab additional interest revenue from assets owner on top of capital upfront and O&M fees. The strong cash flow will pare down cypark debt gradually, increase free cash for dividend payment in future.

Cypark share already paid heavy price, tumbling 70% to current level due to delay in achieve COD. Cypark suffer multiple time delay on WTE is key culprit, follow by delay in LSS2 from June to sept + many rumors, causing heavy selling pressure to current low level. The risk already factor in share price.

Now, only need to fulfil it COD as soon as possible by sept for remaining LSS2 solar power plant 2 x 30MW by sept, and 25MW WTE by sept and LSS3 100MW solar plant by Dec. Form now till COD, waiting period is just 2 month and 4 month respectively, once COD achieved as plan, stock price should at least recover back to previous level.

in regard to BOT, after 25 year concession, if company seek for extension and gov willing to extend, power plant are allow to continue operation to generate power, otherwise, the plant will transfer free to gov or dismantled if power plant reach expire lifespan.

Affin CEO & preseident openly buy share, he must know insiders news, big special dividend is coming.

Waiting to be rewarded :D)

Based on total debt cypark now as RM 1.4 billion, majority are project funded for WTE 900m + LSS2 660m + LSS3 550m, partly offset by cypark own equity capital.

For LSS3, cypark through perpetual issuance RM 550m to built 100MW. These LSS3 is 60% own by cypark, COD end dec 2022

The feedstock for WTE is waste, it not only free of charge, but also is chargeable income through tipping fees. It segregation plant is to harvest recyclable waste, which is another source of income. The operation cost mainly from staff operation cost only, The WTE profit margin is highly lucrative, the revenue earn is still bigger than depreciation/interest/operation cost.

The original first delay is due to lack of access road to power plant, cypark need to build new access road direct to power plant. The second delay was due to power plant design, which need remodification. The third delay was then due to covid.

As said earlier, LSS2 was award to 3 individual private companies, not to cypark. It is nil responsible for these private company own to report publicly. Cypark only own 40% stake in one of these private company.

The individual private company could be through political link secure LSS2 total 3 x 30MW each, highly lucrative traffic rate. Therefore, these private company afford do nothing, but solely subcon to cypark to do everything for them including provide all funding. Cypark in return get EPC contract to built, provide funding through sukuk low interest issuance. Cypark later charge high interest to private company and allow defer payment later once COD through entire concession.

Bear in mind, each of these 30MW, total 3 power plant were built at cost RM 230m each. Cypark stand to received strong cash flow , both from upfront capital to repay sukuk and high interest revenue to repay low sukuk interest expense + O&M fees

buy or sell to make profit is normal in share trading, nothing to hide

hahaha, i merely make clarification about wte, lss2 and lss3 here.

In LSS2, the 2 package is given to individuals company and another is 40% own by cypark. As these individuals companies have nil finance source to buit power plant, cypark act as financer to offer funding. In return, once COD achieve, these individuals company receives cash payment from TNB, it need to payback to cypark including interest. Therefore, cypark get back upfront capital + earn interest income

Furthermore, LSS2, cypark is EPC contractors + financer peovided + O&M. Cypark own onlr 40% stake in one of the LSS2 package.

After COD in LSS2 which have 3 package, each 30MW, cypark will earning revenue interest + O&M fees

In LSS3, cypark own 60% for 100MW, COD is Dec 2022

LSS2 change location as long as gov approve internally, cypark no absolutely need to disclose everything publicly. If have doubt, just ask in AGM

WTE can produce RM 80m + tipping fee RM 20m = RM 100m x 25 year concenssion period ( assume cinstant rate)

The total revenue generated RM 2.5 billion vs. Curent WTE assest RM 900m

Once COD is announced, sky is clear

Wait for COD announcement

Heading 40sen

Everyone will get rewarded handomely

It will breakout soon

Chart higher high, bullish signal

All we need to know is awaiting toyo EGM notice, to divest 60% to china partner, formally start JV and accept banking facilities offer to start construction begin next year.

All become fruition in a matter of few nonth

What is your cost? I only bought last week 2 batch, at 70-71sen and 75sen

:D)

Wait for next month crack spread level, future indicate crack spread will further tumble by another 50% from USD12 now to USD 8.

Next Q result will be good as it capture high crack spread USD 25 in Q2, but, what next Q is fall cliff

Wait for next month crack spread level, future indicate crack spread will further tumble by another 50% from USD12 now to USD 8.

Next Q result will be good as it capture high crack spread USD 25 in Q2, but, what next Q is fall cliff

Hahaha, undet jaks 30% incentive plan, be given as share option via cheap esos or share grant via free share, all are considered expense incur by company, eroding company profit at expense minorities.

After 5 year later, it can have another round of new 30% incentive plan to benefit jaks major shareholder, all at expense minorities.

Through these selfishness incentives plan, jaks major shareholder can gradually increase it stake at minimum cost as possible, pose huge dilution to minorities

Such low class tactics is sharp contrast if compared to toyo major shareholder. It unselfish and generosity to advance capital without interest cost, greatest and patience effort to ensure successful power plant is highly respectful. Toyo even further willing to settle its advance through 1.20 share price, 50% higher than currency market price and willing to wait further 5year until COD to avoid dilution earning which will offset once massive profit start recognised from power generation.

Although the plant have yet to commence if compared to jaks, but toyo mega power plan is 2x higher capacity than jaks, gestation period now finally come to fruition pending confirmation later, and construction should start by early next year.

Post removed.Why?

super momentum on recovery

Technically, higher high, bullish signal

Cypark rebound ahead announcement COD for its WTE soon

special dividend range 20-25sen is expected soon

The solid toyo major shareholder integrity is upper class if compared to jaks major shareholder. Jaks reward major shareholder himself with free 30% jaks share through incentive share grant, benefit owe at expense of all minority shareholder

The original plan is toyo issue ICUS to settle major shareholder advance capital via issurance ICUS at 1.20/share, convertible only after 5 year with 0% interest, enlarge major shareholder stake from 13% to 59%. Major shareholder willingness to accept toyo share at 1.20/share if compared to current market price and willingness to wait another 5 year later + earlier 10year, all come with 0% indeed is respectful major shareholder integrity

Of course need low profile now as major shareholder yet to control 59% company through 5 year, 0%, ICUS, which form part of its capital advance for toyo. It need to implement as fast possible before power plant start COD.

Without controlling stake, toyo is gold mine for other to take over due to small capital base.

Major shareholder already advance RM 400m, 0% to toyo, which itself capital outlay 130m to secure these mega project. The generosity major shareholder needs to be awarded handsomely. Even with fully diluted share base still extreme small if compared to massive profit to be recognzied during construction period and concession period

hahaha, don coward head, do own homework, free to raise query direct to Toyo to address your concern

HEAD OFFICE (INVESTOR RELATION)
For inquiries relating to stock & company's information please reach the IR team at:
Toyo_IR@toyoventures.com.my
603- 8942 3335

Vietnam government need increasing power supply to support its growing economy. Among all power tyoe, coal fire is most economic viable and most reliable source of power if compared to solar, gas, wind etc. Hydro even is cheaper but limit by natural resources.

However, due to limit budget, Vietnam adpot BOT model to facilitate and expedite power development.

The key success is available support funding from private to offer financing, if without funding, gov support is useless.

Therefore, if power plant owner able to find funding, Vietnam gov is more than happy to support and prompt fast delivery as soon as possible.

The structure will be 2100MW project owner is toyoink, toyo control 40%, china partner control 60%

The next step will be award of contract. It will follow step like jaks in which china partner with grab main EPC contract cover main construction, whereas toyo will get EPCC 2 cover ancillary civil work, which later subcontract back to china partner.

Financial close mean banking satisfy all preconditions given in documents on BOT, business viability and Vietnam government legal support etc. Banking now agree to offer funding to buit power plant project worth RM 13billion, likely in 20% equity :80% bank borrowing

It is now pending toyo JV China partner to accept the banking offer. At the same time, toyo also need to seek shareholder approval to divest 60% stake to china partner in coming EGM, in which toyo plan to use these proceed from divestment as initial funding portion to fund its equity share to start power plant construction

US rate hike is good feel factor for local bank + incoming special dividend

Bought affin at 1.94

bought more toyo at 75sen