but the share price now below par (RM0.10) seem like quite difficult to having right issue & the share premium about RM5.7mil only, no much can be utilised in the discounted price.
Martin, make up your mind, you posted very negative comments earlier and now you're saying it's gonna burst until one forgets his mum's name. Please comment in a more concrete manner, and most times, we don't know what you're trying to say.
Credit Suisse bought into it, so the company should have some credibility already. Cost of photovoltaic cells once prohibits the embracing of solar tech. Not so now as mass production keeps up with demand and lower costs.At 9sen a share, this is pretty a bargain for long term investment. The last run was up to 12sen.
Bowman, can please enlighten is on this ichimoku cloud analysis. What does the reading tell you, where could the stock heading judging from its technicals. Thanks in advance.
Vsolar Group Bhd entered into MOU with universiti teknologi Malaysia
Wednesday, 8 Jun 2016 06:35am EDT Vsolar Group Bhd : Entered into a memorandum of understanding with universiti teknologi Malaysia . Mou for the development of solar farm(s) at utm or any other suitable site identified and provided by utm . Mou is not expected to have any material effect on the EPS for the financial years ending 30 June 2016 and 30 June 2017 .
Vsolar Group Bhd incorporates Vsolar Engineering Sdn. Bhd
Monday, 1 Jun 2015 08:00pm EDT Vsolar Group Bhd:Says on June 01 company incorporated a new subsidiary company namely, Vsolar Engineering Sdn. Bhd. (VESB) in Malaysia.Principal activities of VESB are to carry out the business of engineering, procurement and construction solutions for renewable energy industry and general trading.
Vsolar Group Bhd inks collaboration agreement with Eastasia Group Co. Ltd
Monday, 20 Apr 2015 08:00pm EDT Vsolar Group Bhd:Entered into collaboration agreement (CA) with Eastasia Group Co. Ltd.To provide engineering, procurement and construction solutions capitalizing on Eastasia’s knowledge in large commercial solar development.Both parties have entered into CA in order to ensure confidentiality of all trade secrets and confidential or proprietary information in accordance with terms of CA.
VSOLAR - Solar Synergy Malaysia is on the track in seeking to intensify the development of renewable energy which was set of since 2011 as to reduce the carbon income of the country through renewable energy such as Solar Photovoltaic (PV), Biomass / Biogas and Hydro Power Electricity. Which this in line, the government had been reinforced by fiscal incentives such as investment tax allowances and the SREP (Small Renewable Energy Program) which encourages the connection of small renewable energy power generation plants to the national grid. With this in line, on 6th January 2014, VSOLAR (formerly known as Fastrack Solution) had restructure the company direction and core business direction towards the renewable energy sector, with a focus in the solar farming industry.
VSOLAR - Power of Solar Solar Interactive Sdn Bhd, a wholly owned subsidiary of VSOLAR, had on 1st August 2013 entered into a Renewable Energy Power Purchase Agreement (REPPA) with TNB for the sale and delivery of renewable energy by for a concession of 21 years. For a start, VSOLAR had started a 500kW solar farm in the region of Simpang Pulai, Kinta, Perak with a Feed-In Tariff (FIT) rate of RM 1.3812 /kWh, commenced 3rd November 2013. The renewable energy sector had been a hot topic recently, which had saw a number of listed company that had direct business relation in the sector being getting much public interest. Let's have a quick look at the following company which is on a hot stint in renewable energy.
Next Up Coming Catalyst VSOLAR had saw a 10% private placement from Asia Bioenergy Tech Berhad (AsiaBio - 0150) recently. While under the SREP plan, the maximum allowable limit for an individual company is 10MW, which means Solar Interactive Sdn Bhd still have a capacity of 9.5 MW in the coming days to be installed. According to sources, VSOLAR had been planning their phase 2 of solar farm which will be looking to see approximately 3 to 5 MW plant being set up. VSOLAR will be the next big thing after CYPARK after realigning their business focus into solar energy farming. At the current market capitalization of RM 50 million, VSOLAR is just putting it's 1st step into the industry. A 10 MW solar farm will be able to generate a recurring income of around RM 11 to 12 million per year. With the new direction in VSOLAR, we believe that VSOLAR will be the next big player in solar farming in the coming days ahead.
RSI at 50%, ichomoku cloud set to be breached at 0.105. If it goes above this, be prepared for a good run again, maybe even breaking its mid-June high of 0.135
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....
leaks
39 posts
Posted by leaks > 2016-07-13 11:33 | Report Abuse
Very scare of right issue, need to give/pay money again. sigh.