In the statement to its accounts issued on May 31, Vsolar had announced it was reviewing several renewable energy projects including examining opportunities to participate in the government’s drive to increase investments in the revised net energy metering (NEM) scheme.
It was also upbeat on the government's target to achieve 20% renewable energy (RE) in the national power mix by 2025 which would create a wide range of opportunities for the group in terms of investment opportunities by way of solar leasing programs and technology solutions.
Vsolar said both solar and biomass/biogas RE was a stable RE source for the future.
“Therefore, these businesses have a favourable outlook based on the increasing demand for RE,” it said.
CONGRATS VSOLAR for the increased great revenue and significant reduced nett loss. The hope is returned back !!!! I strongly believe the next QR would be powerfulll!!!...
Dear all, once the proposal for rights and free warrants are all approved, it might too late to accumulate, buy now at 0.04 and sell at higher price...
Plans to raise up to RM66m via rights issue with free warrants. Vsolar Group plans to raise up to RM65.9m via a renounceable rights issue with free warrants to meet its capex for development and construction of biomass plants. The exercise entails the issuance of up to 1.32bn rights shares together with up to 878.64m warrants at an indicative issue price of 5 sen per rights share. (The Edge)
if monitor permaju closely.. it had been moving from 0.2 till now 0.8 and same shit happen.. some bugger start invest with go through credit Suisse.. something are brewing . just stay tuned
if the management desperate to success this right issues. seems like something going to happen soon.. just stay tune.. confirm will push up the price.. or else.. gonna blow
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
lumberjack
26 posts
Posted by lumberjack > 2019-12-21 21:35 | Report Abuse
Did vsolar even bid for lss3?