KOTA KINABALU, April 17 — Private businesses in Sabah’s industrial parks will be able to set up their own power generation facilities, said Sabah Chief Minister Datuk Seri Hajiji Noor. The Cabinet has agreed to give special permission to investors operating in industrial parks in the state to set up power generation facilities. The Cabinet has also decided to allow shophouses, buildings and residential premises to install solar power systems without seeking approval from Sabah Electricity Sdn Bhd (SESB).

The Johor-Singapore Special Economic Zone (SEZ) is set to catalyze equity valuations in both Malaysia and Singapore. Solarvest is among d brokerage’s SEZ dozen picks listed on Bursa Malayia.

Solarvest a beneficiary of ENEGEM platform.
The setting up of the Energy Exchange Malaysia (Enegem) platform to facilitate cross-border trading of renewable energy (RE) is being viewed positively. Analysts noted that Singapore is looking to import up to 3.5 gigawatts (GW) of green electricity by 2035.

Rakuten Trade expects Solarvest rising momentum to steer the stock higher and test the next level of resistance of RM1.70 followed by RM1.85. A white Marubozu candlestick on Monday coupled with the supportive technical reading n improving exponential moving averages, Rakutan Trade said the stock may see additional strength going forward.

On Monday, it was announced that Bandar Utama City Centre Sdn Bhd had appointed Solarvest’s subsidiary Solarvest Energy Sdn Bhd to install the country’s largest on-site solar photovoltaic (PV) panels and building-integrated PV panels at the 1 Utama Shopping Centre.

fundamental stocks will fall n climb back up even at d worst global turmoil, worst market sentiments or worst economic scenarios.

buying opportunity!

Multi-lane free flow (MLFF) toll system to cost RM3.46 billions. MLFF was the future of toll collection, and that its implementation will have a positive impact in easing traffic congestion at toll plazas, because motorists would not need to stop or slow down their vehicles to carry out toll fare transactions.

THREE companies — DNeX, HeiTech Padu Bhd and Theta Edge Bhd are understood to have been shortlisted for the National Integrated Immigration System (NIISe) project. It's expected, consortiums will be formed as the project size is very big & no single party would undertake such risks alone.

RHB Investment Bank Research said with an unyielding need for power and cables, SCGBHD has emerged as a thriving player in this evergreen market, poised for continuous expansion. It said Malaysia's ambitious goal of achieving net zero emissions by 2050 — including higher uptake of renewable energy (RE) sources and the enhancing of the country’s grid — is expected to be a catalyst for the group’s earnings growth. SCG’s orderbook from TNB alone worth more than RM1 billion, provides earnings visibility for the next three years.

sell on news means: price drop, got chance to buy low n accumulate for eventual uptrend!

SELL ON NEWS:
Theta Edge said it has teamed up with India-based power transmission giant KEC International Ltd to bid for Tenaga Nasional Bhd’s (TNB) future grid projects.

Making further inroad into overseas market. SCGBHD will focus on growing its export sales by tapping into oversea markets such as Myanmar, Cambodia, Vietnam and US. In particular, the Myanmar market is set to grow over the next 10 years, supported by the Myanmar National Electrification Project. Separately, SCGBHD is in the midst of penetrating US market via its in-house developed XHHW-2 industrial cables, which command a better margin. We gather that SCGBHD will deliver the trial orders to US-based customer in the coming months and is optimistic to secure the distributorship agreement afterward.

bullish next week!

wow, IT malay stock flying very high!

boom pipi! finally rally!

currently, most solar RE companies trending south but in healthy accumulation mood!

Solarvest Holdings Bhd’s (SLVEST) has demonstrated impressive and consistent earnings growth, with profits rising from RM200,000 in the first quarter of 2022 (1Q’22) to RM6.7 million in the first quarter of 2024 (1Q’24). SLVEST secured a significant contract from Toyo Tyre Malaysia in late August and, just last week, secured 11 solar PV projects in Vietnam, as reported by Malacca Securities Sdn Bhd....

potentially winning stock...🤑

all these electricity producers like TNB, YTLP n other start-up on solar power, green energy will hv to allocate vy high CAPEX before they make profits. Just like TNB n TM, they r liabilities companies (GLC) n need gomen support from tax-payers money! Tariffs will drop each time gomen introduces new policies to reduce d burden of rakyat!

don't forget to buy d companies manufacturing wires, cables, conductors n solar photovoltaics for grids installation n electricity transmission!

can afford to buy a cow but cannot afford to buy a rope (cable)!

just discovered one company that manufactures fiber optic for telecommunication,
underground cables for electrical lines n recently in power transmission for green energy.

Too many ipp n solar power players in Malaysia. Even YTL Power price felled! Better buy SCG that produces electrical cables n conductor n companies that produces solar photovoltaic.

Tenaga Nasional Bhd (TNB) has todate given orders to Southern Cable Group worth more than RM500 millions for the supply and delivery of various sizes of underground cable and conductor for the latter’s distribution network division.

no need BO Slvest! look at d past 4 quarters positive qr n increasing revenue! current traders hv shown their full confidence for Slvest by giving it a PE Ratio of 43.92 times as against an EPS of 2.93c! why, cos' last three qrs eps can touched 78c! with d EV coming to Malaysia n its business on solar energy, Slvest is seen helping TNB to meet d country requirement for electricity supply. Slvest is not only a producer of electricity for Malaysia n other Asian's countries but also installed rooftop solar panel for factories n homes!

im looking forward to a rally for green energy producer like Ranhill n Solarvest.

haha...day dreaming!

game over! those who bought Pestech-WA at 6c n sold at 16c makes alot of money!

About competition, it's not so on types of modals n pricing of d cars! previously, it's d engines running on fossil fuel for cars but now it's on electricity for EV! As for this new era, d businesses are for those companies that can churned out endless availability of electrical energy for EV n at what price per kwh!

Sime Darby Motors is taking the lead to drive Malaysia’s EV ecosystem and support the nation’s development as a sustainable hub in the region.

KUALA LUMPUR: Having secured the distributorship for BYD vehicles in Malaysia, Sime Darby Bhd has strengthened its lead as the company with the most comprehensive electric vehicle (EV) offerings in the country.

need more EV charging stations! guessed which company has JV with TNB to set-up thousands of battery charging stations in Klang Valley?

High debts, high exposure to USD!
Ringgit could hit RM5 against US dollar, says economist

d sharp downtrend on MPI will reflect strongly impacting HLBank!

even Biden took a tumbled face-down!

used lorry jack also cannot sustain!

below 19.00! how low can it go?

PE extremely high!

Watchlist Idea from Microsoft Start • 01/06/2023
US Debt Default Could Spark 45% Stock Market Crash, White House Warns Ahead of Debt Ceiling

crisis!

Foxconn's Q1 '23 profit slumped by 56%! Will impact on Greatech n DNeX businesses.

LORDSTOWN Motors Corp’s financial constraints may triggered a knee-jerk selling of the shares of its supplier Greatech Technology Bhd as US-based electric truck maker Lordstown Motors is a key client. Lordstown warns it may fail as investor Foxconn gets jumpy! Lordstown is in danger of being delisted from the Nasdaq because its share price closed below $1 on March 7 and it has not recovered since. Foxconn told Lordstown that it may unwind the agreement if Lordstown did not resolve its listing issues.

Palm oil's rare premium leads to 'wash out' in India dealers.
Sunflower oil n soyoil r now more attractive to buyers due to higher palm oil price! Indian buyers have opted to cancel huge tonnages of palm oil purchases for May's shipments n increase soft oil imports.

dare u, Shahril now in Sancy!

i waiting for F&N below 25!

dropped a lot for d week!

wow, 98cent dividend!

aiyoh, buy beer stock also dropped! how?

aiyoh, buy gloves stocks dropped, buy chips stocks also dropped! how?

aiseh, u r not sober! everyone knows beer like Carlsberg is for yam seng kakis!