http://www.theedgemarkets.com/my/article/asiabioenergy-bumps-stake-vsolar

AsiaBioenergy bumps up stake in Vsolar


KUALA LUMPUR (Nov 19): ACE-listed Asia Bioenergy Technologies Bhd continues to accumulate shares in VSolar Group Bhd ( Financial Dashboard), raising its shareholdings in the latter to 17.1%, following its recent shares acquisition.

In a filing with Bursa Malaysia, the marketer and distributor of software solutions said AsiaBioenergy had purchased an additional 1.15 million shares, representing 0.41% of VSolar.

Asia Bioenergy bought the shares through its subsidiary Asiabio Capital Sdn Bhd yesterday (Tuesday, Nov 18), but the transaction price was not disclosed.

Asia Bioenergy has been accumulating shares in Vsolar since mid-October, when it had a 9.32% equity interest in VSolar then.

According to earlier filings, Asia Bioenergy had acquired some 7.2 million shares through three transaction since last Thursday (Nov 13). Those purchases lift its shareholdings to 16.69% or 47.05 million shares in the company.

VSolar was featured as a Stocks With Momentum on Nov 3, by The Edge Research.

In a report, The Edge Research said Vsolar's share price has surged by 58.3% to close at 19 sen, over the last two weeks.

"There may be two catalysts for the rally," it said, adding the emergence of AsiaBioenergy as a substantial shareholder with a 10.47% stake, and its foray into solar energy.

"VSolar has diversified into the solar energy industry, and signed a 21-year renewable energy power purchase agreement with Tenaga Nasional ( Financial Dashboard) in Aug 2013," it added.

"Prior to the change, VSolar has been in the red since 2010, with losses widening since 2011 to RM2 million in 2013. Revenue and profitability declined further in 1H14 — perhaps indicating that benefits of its new business direction have not kicked in yet," The Edge Research said.

According to the report, it said Vsolar was trading at high valuations of 3.5 times book, likely due to its small asset base. The company has net cash of RM3.6 million, as at June 30, 2014.

VSolar share price closed at 17.5 sen today, inching up 1 sen to 6.06%, giving it a market capitalisation of RM46.51 million.

http://www.theedgemarkets.com/my ... -bumps-stake-vsolar

as what you wish, jeannie...it drops more and dying soon, ok

ops, 0.145 big seller rupanya...

mari -mari.... KLCI today looks good

it's downtrend, falling knife, take care your own money, do not jump in and buy yet... no hurry to collect until things getting clearer. Lots of people already sold/left this counter, this is the fact of price gone down so fast!

still got people selling at 0.170, so continue to collect first before pushing up 175,180....

Excellence FXLee, you are truly the IFCAMSC's spokesman !

asiabio moving strong, waiting to see if can finish the 0.145 or not

http://news.yahoo.com/authorities-dutch-bird-flu-h5n8-strain-found-germany-153140309.html

sure or not? if goreng, tell us can go up to what price? (let us hear and stim/dreaming over the weekend) syiok....

never mind, I believe you can easily earn back

teoseng is good, why cut loss? clearly it's manipulated past 2 days...it climbed back up today.

hari ini semua pi main teoseng, ifca, hahaha

I wonder what else we can do?
JPJ number plates, GST, DSAI case, etc.....so many more to name it

FX, did u buy more avg down your 18c?

TEOSENG and IFCA same-same... with good news announced (bonus issue/free warrant, while the later give dividend)... operators goreng up to attract lots retail buyers, now time to harvest

below RM2

ini mesti buaya punya kerja, bagi turun takutkan orang ramai, lepas tu dia sapu...

erkongseng sudah jual awal-awal sebelum teoseong announced bonus issue/free warrant, he aims at PWROOT now. Ramai orang tak expect TEOSENG lepas announcement, begitu teruknya...

isteri yang ikut itu kena banyak bad comments, hahaha... lawak betui

brother semua, kalau KLCI cirit-birit, semua counters akan mampus...
harap-harap KLCI kuat-sihat.

Operator keeps collecting at 0.165. But if got weak traders sell 0.165/0.160, they will be laughing at the folks...queue at 0.165 now, perhaps still got a little chance to match your buy

so far till 3:24pm, no one selling at 0.160 (34 buyers queued up there with 16443 lots).
I believe what Atlas said, if start push down selling at 0.160, it's Operator job doing so.

you can queue & wait at 0.12-0.15 and wait

0.165 buy, who wants to sell/cut loss, hurry up, sell 0.165, else drops to 0.160, 0.155....

I just got mine too (worth RM20), still not sure what to buy yet
http://postimg.org/image/xjzd6i5ar/

All time excellent product (gets 25% OFF)
http://hovidonlinestore.com/consumer-products/14-ho-yan-hor-herbal-tea-t10.html#
OR super star product?
http://hovidonlinestore.com/11-tocovid-suprabio-50mg-60-s.html

Atlas, can share any fact why you so promoting uptrend?
with valid fact, chance to uptrend is even better (eg ppl quickly buying)

one day VSOLAR flying like today CAREPLS-WA now, kikiki...

prince, if back to 0.10, you dare to buy?
and do you think ASIABIO who bought millions shares at higher price earlier, want to let this happens?

bye stncws, get lost from here...
sapu 0.165

20 lots 20 lots main-main semua yang takut tu...

8MW -RM11m
then 500kW approx. RM0.69m revenue

refer to CYPARK for the revenue from solar power (below)
--------------------------------------------------------------------------------------------------------------------
“Starting from year 2013, Cypark expects to generate annual combined revenue of up to RM45 mill from the implementation of 33 MW solar farms alone and the revenue will be recurring until year 2033,” said Group chief executive officer Daud Ahmad.

Cypark would start receiving payment from TNB within 21 days after monthly billing was issued. The total green energy sales from the 8MW solar plant wa estimated at RM11 million annually.

asiabio power up again just now, vsolar will follow/overtake

FX posts in investalk abt Q2'14

2014-11-11 01:58 | 只看该作者
VSOLAR Q2 2014

Review of performance
The Group recorded a revenue of RM0.125 million with loss before taxation of RM1.427 million for the financial period ended 30 June 2014 as compared to revenue of RM0.607 million with loss before taxation of RM0.735 million in the preceding period correspondence.

The decrease in revenue was mainly due to dwindling demand and sales in media publishing and IT hardware trading during current quarter. On the other hand, the other income had decreased from RM0.254 million to RM0.044 million due to the lower interest income received from fixed deposit during the period.

This is the result of fund utilisation for the construction of solar farm projects at Simpang Pulai, Perak. The administrative expenses had been increased by RM0.382 million compared to previous correspondence period due to increase in salary, professional fees and marketing expenses. Consequently, the impact of the increasing in administrative expenses have resulted in the Group to record a loss before taxation of RM1.427million as compared to the corresponding preceding period of RM0.735 million.

The total assets for the Group amounted to RM15.765 million as at 30 June 2014, a decrease of RM1.619 million from RM17.384 million as recorded in previous financial year. Although the total assets had decreased, however the group had reported a RM11.423 million non-current assets, an increase of approximately RM3 million due to capital work in progress on solar plant at Simpang Pulai.

For the financial period under review, the loss per share attributable to ordinary equity holder increased to 0.52 sen per share from the loss per share of 0.22 sen per share for previous financial period due to higher loss incurred during the current period.
The performance of the group is expected to improve later in this financial year upon the commencement of operation from the solar plant where income from sales of renewable energy starts to flow in.

you dump, gua wollap

stncws, u just sold out 300 lots? good luck

let's prepare yourself, what-if they shaking you all out by pushing down the price to 0.180, 0.175, will you scare/sell? kikiki....

From this morning Sell/Buy Queues, seems Mother shares Buy>Sell, while Son is opposite. It's opportunity, kikiki..,

Tomorrow Dividend Ex Date

huge lots cross-traded 2.22 & 2.21

Siapa jual 0.200, asiabio makan. 0.195 makan, 0.190 makan..... sumua makan. Siapa nak jual, cepat, kemudian pi dari sini, jangan kesal

nobody knows, even someone knows may not talk.
For now all treat it as good news
Keep buying on rumors and decide keep,sell.

jump up high, graviti, come down to ground again... aiyoyo...

any good news recently from this counter? any good profit making yet?
0.34 too far to imagine, how about predict will it break 0.21, when it break?

Tripaka, you have heavily invested into this vsolar?

yes, pisangkuat, you too enjoying pmetal now

hi stncws, what's your avg price you got? If you reach your profit target when hit TP 22-24, can sell lo :)

Once completely clearing the weaker 195 folks, today sure standing at 200 level