VSOLAR GROUP BERHAD

KLSE (MYR): VSOLAR (0066)

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Last Price

0.08

Today's Change

+0.005 (6.67%)

Day's Change

0.075 - 0.08

Trading Volume

239,000


16 people like this.

13,363 comment(s). Last comment by 11wenhao11 1 month ago

Surewin168

383 posts

Posted by Surewin168 > 2020-01-07 20:48 | Report Abuse

been oversold.. and it should stay at range 0.15- 0.18

fl888

7,699 posts

Posted by fl888 > 2020-01-08 07:39 | Report Abuse

For a listed company, having a sales revunue ranging from 140k to recent qtr 861k is ridiculous ...and if with rights issue of 66 million......project collapse and lesser revunue, how.?

nurfarhan

179 posts

Posted by nurfarhan > 2020-01-08 10:00 | Report Abuse

buy buy buy

zhm540

2,481 posts

Posted by zhm540 > 2020-01-08 10:42 | Report Abuse

slowly someone eating at 5s....

Surewin168

383 posts

Posted by Surewin168 > 2020-01-08 10:46 | Report Abuse

Based on the info, right issue will be based on basis of 3 rights shares for every 1 existing Vsolar share held together with 2 free warrants for every 3 rights shares subscribed. Also based on indicative issue price shall be 5 sen per rights share.
Let make a simple calculation. Assuming 2 free warrants trade at 1 sen each and 3 rights shares at 5 sen each. Total shall be at least 17 sen.

Surewin168

383 posts

Posted by Surewin168 > 2020-01-08 11:46 | Report Abuse

Original business for Vsolar was information technology. Are kinds of subset if ICT, information and communications technology and the profit are very thin. Nowadays all the company start have their own rather than depending on service providers. that’s why this company had change their name from Fast Track solution Holdings Berhad to Vsolar Group Berhad.

Management had go through necessary assessment and decided to venture to RE business, mainly due to recent aggressiveness from government especially for NEM and NEM II.

Also why the company so confident that want to expand themselves to biomass project as they currently operates one 498 kWh solar RE plant in Perak and its proven

Surewin168

383 posts

Posted by Surewin168 > 2020-01-08 12:04 | Report Abuse

why vsolar

Surewin168

383 posts

Posted by Surewin168 > 2020-01-08 12:04 | Report Abuse

1. experience from solar re plant in perak

Surewin168

383 posts

Posted by Surewin168 > 2020-01-08 12:05 | Report Abuse

2. Credit Suisse emerged as substantial shareholder

Surewin168

383 posts

Posted by Surewin168 > 2020-01-08 12:05 | Report Abuse

3. net cash company

Surewin168

383 posts

Posted by Surewin168 > 2020-01-08 12:47 | Report Abuse

4. effort from management overturn the company from loss makjng to profit. especially from p

Surewin168

383 posts

Posted by Surewin168 > 2020-01-08 13:42 | Report Abuse

recent few quarter result

kenny chua

193 posts

Posted by kenny chua > 2020-01-09 09:03 | Report Abuse

sapuuuuuuuuuuuuuuuu

zhm540

2,481 posts

Posted by zhm540 > 2020-01-09 11:20 | Report Abuse

loss steam already...

Surewin168

383 posts

Posted by Surewin168 > 2020-01-09 15:24 | Report Abuse

slowly but surely

Surewin168

383 posts

Posted by Surewin168 > 2020-01-09 17:16 | Report Abuse

VSolar presently has 1 Mega Watt solar farm in operations supplying to the Malaysian national grid via a 21-year Power purchase agreement. VSolar is presently looking at expanding the solar farm under management to 20 Mega Watts.

Surewin168

383 posts

Posted by Surewin168 > 2020-01-09 17:16 | Report Abuse

with this expansion.. vsolar gonna have constant and handsome revenue and profit.. just stay tuned

fl888

7,699 posts

Posted by fl888 > 2020-01-09 18:36 | Report Abuse

Need to announce new mega contracts to push up...and not rely on only this 1 megawatts solar farm,which is rather old news...

fl888

7,699 posts

Posted by fl888 > 2020-01-09 18:37 | Report Abuse

Need to announce new mega contracts to push up...and not rely on only this 1 megawatts solar farm,which is rather old news...

Posted by Belisto Skrang > 2020-01-09 19:21 | Report Abuse

When the right shares will go public to subscribe

MohdZaha

204 posts

Posted by MohdZaha > 2020-01-10 09:56 | Report Abuse

sapu sapu sapu

Surewin168

383 posts

Posted by Surewin168 > 2020-01-10 10:46 | Report Abuse

that's why they need money to build biomass re plant

Surewin168

383 posts

Posted by Surewin168 > 2020-01-10 10:47 | Report Abuse

also they had mou for 90mw solar re project

Posted by lumberjack > 2020-01-10 12:16 | Report Abuse

When is this ever gona go up..

Surewin168

383 posts

Posted by Surewin168 > 2020-01-10 14:34 | Report Abuse

nowonder so aggressive to have mou for solar leasing

Surewin168

383 posts

Posted by Surewin168 > 2020-01-10 14:34 | Report Abuse

70% income tax exemption of up to 10 years will be given to companies undertaking solar leasing activities

fl888

7,699 posts

Posted by fl888 > 2020-01-10 16:48 | Report Abuse

Do not buy company that call for right issues like V Solar when they cannot get bank loans....borrow from shareholders, always say no interest to and out to cheat people ..

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-01-10 18:36 | Report Abuse

Anyone can explain heavy dump @0.045 today

fl888

7,699 posts

Posted by fl888 > 2020-01-10 21:01 | Report Abuse

Making losses; hefty 3 for 1 rights at 5cts and handicap in solar energy technology expertise...long run sure fail..

Daily8

3,858 posts

Posted by Daily8 > 2020-01-10 22:09 | Report Abuse

Announcement of 3 right issues + 2 free warrant for every 1 shares ....

Sounds interesting actually.

How much is the RI suggested?

Daily8

3,858 posts

Posted by Daily8 > 2020-01-10 22:16 | Report Abuse

Surewin168, 1 rights is 5 cents ah?
Now mother share is 4.5 cents ler.

I think less than thatlah

Hunter8888

505 posts

Posted by Hunter8888 > 2020-01-10 22:27 | Report Abuse

Yes u right zhm540....just wait...

Hunter8888

505 posts

Posted by Hunter8888 > 2020-01-10 22:32 | Report Abuse

Operator will play around 0.045/0.050.before push up...

Daily8

3,858 posts

Posted by Daily8 > 2020-01-10 23:51 | Report Abuse

If u have 100k lots of vsolar shares right now

U are entitled to 300k lots of ri
Plus free 200k warrants.

Let's say, 300lots of ri at 3 cents each
u need to fork out 9000 for the ri.

200k lots of free wa, let's say 1 warrant is 1 ct,
U get 2000 free.

Your 5000 + 9000 = 14000 minus 2000 wa,

Your cost is 12000

Daily8

3,858 posts

Posted by Daily8 > 2020-01-10 23:51 | Report Abuse

Price currently so low... they do RI ALSO SEEM USELESS. AT LEAST 8 CTS betterlah

fl888

7,699 posts

Posted by fl888 > 2020-01-11 00:35 | Report Abuse

Already submitted to KLSE 3 for 1 rightsi issue fiixed at 5 CT’s on Monday....

Daily8

3,858 posts

Posted by Daily8 > 2020-01-11 01:30 | Report Abuse

Fl888, ok

zhm540

2,481 posts

Posted by zhm540 > 2020-01-11 07:11 | Report Abuse

before they push up, the operators will push down first to accumulate...

Flyinghorse

3,662 posts

Posted by Flyinghorse > 2020-01-11 15:53 | Report Abuse

How do apply for this right issue?

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-01-11 18:03 | Report Abuse

Let say you have 10000 lot. How RI is applied on that?

Daily8

3,858 posts

Posted by Daily8 > 2020-01-11 23:08 | Report Abuse

right issue , wait for tricor to post it. U can check online.

mother share 4.5 cents (current)
RI is 5 cents

Does it make sense?
...

Daily8

3,858 posts

Posted by Daily8 > 2020-01-11 23:22 | Report Abuse

PrinceofIpoh Let say you have 10000 lot. How RI is applied on that?
11/01/2020 6:03 PM

100,000 lots , u can buy (1 share for 3 RI) 3 RI x 100,000 ( u be offered but you can reject/ignore if you don't want)

If 1 RI is 5 cts (as perinformed-later I check) , u need to pay another RM 15,000

on top, u get 2 warrants FREE ( I dunno the warrant $ yet) but assume is 2 cents,
200,000 x 2 cts= RM4000 if FREE

Your 100,000 shares of 5 cts = 5000
RI= 15,000
total: 20,000 minus 4000 free warrant = 16,000

If you sell the warrant, and keep the 400,000 shares ( 100,000 + 300,000= 400k lots) you each share is only 4 cts.

worth it or not, up to you.

fl888

7,699 posts

Posted by fl888 > 2020-01-12 10:35 | Report Abuse

The share capital base will balloon up to over 2 billion shares.....and may be like Netx,MNCs...and all Fintec creation...in no time..consolidate 4 for 1. Etc...

MohdZaha

204 posts

Posted by MohdZaha > 2020-01-13 08:50 | Report Abuse

sapu

Hunter8888

505 posts

Posted by Hunter8888 > 2020-01-13 09:29 | Report Abuse

Just wait la.....haha....

Hunter8888

505 posts

Posted by Hunter8888 > 2020-01-13 09:31 | Report Abuse

Operator just want play 0.045/0.050 only lor before push up.after righ issue goreng lor kehkeh

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-01-13 09:59 | Report Abuse

Operator only want to play at this price. But why they need to push up after right issue? Not before?

Hunter8888

505 posts

Posted by Hunter8888 > 2020-01-13 12:15 | Report Abuse

I m also don't know why.maybe Operator game.before right issue goreng sikit2 after right issue goreng kaw2.i think operator try collect at 0.045.after QR out....operator start goreng.

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-01-13 14:33 | Report Abuse

This ctr memang operator counter d. Need alot of patience. They are very aggressive and ruthless. Need to adjust your own instinct to match their appetite. Only then you will be rewarded. Patience is virtue

Hunter8888

505 posts

Posted by Hunter8888 > 2020-01-13 15:00 | Report Abuse

Vsolar operator game.....just pantience

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