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

juinming0304

1,161 posts

Posted by juinming0304 > 2014-11-10 22:50 | Report Abuse

NO HOPE !

ozzie75

8,772 posts

Posted by ozzie75 > 2014-11-10 23:20 | Report Abuse

In order for people to buy your stories, do make an effort to at least explain the rationale behind words like "no hope", "finished" etc..get it? He.he..

Good nite.

chy72

2,960 posts

Posted by chy72 > 2014-11-10 23:42 | Report Abuse

Agree with fxlee...techiccally operator push down ti let u all out...if will come again.if u can hold..enter by 0.195 or 0.11 for son will get runtung by future.u can see techicsal stock rotate goreng....why asiabio want 2 buy vsolar ar 0.19 to 0.20...u think they want 2 throw money 3 laut meh?if u eant to play dayyrade u can enter systech ...ufcamsc...but risk is very high liao...

chy72

2,960 posts

Posted by chy72 > 2014-11-10 23:43 | Report Abuse

Good nite

tjhldg

27,218 posts

Posted by tjhldg > 2014-11-11 00:02 | Report Abuse

pening la

AABBCC

96 posts

Posted by AABBCC > 2014-11-11 00:34 | Report Abuse

today good for Vsolar,no reason does not move up...good show for vsolar and asiabio..watch and see....up to 0.25 soon .......

FX Lee

5,194 posts

Posted by FX Lee > 2014-11-11 01:11 | Report Abuse

this stock is not for contra, contra sure burn

sengkee

2,060 posts

Posted by sengkee > 2014-11-11 04:05 | Report Abuse

After the current Ace tech stocks rally is over, the target will shift to those renewable energy related stocks like Vsolar. Vsolar will lead all other stocks that related to renewable energy to go up one after another.

as1915000

1,010 posts

Posted by as1915000 > 2014-11-11 09:25 | Report Abuse

buy buy buy, fast, now is the good time

juinming0304

1,161 posts

Posted by juinming0304 > 2014-11-11 09:31 | Report Abuse

GONE !

Tripaka

2,947 posts

Posted by Tripaka > 2014-11-11 10:09 | Report Abuse

Whole market habis......for the moment......

leekboon

171 posts

Posted by leekboon > 2014-11-11 10:47 | Report Abuse

drop again...

ppginvest

1,591 posts

Posted by ppginvest > 2014-11-11 11:26 | Report Abuse

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....

stncws

10,622 posts

Posted by stncws > 2014-11-11 11:56 | Report Abuse

finished !

ppginvest

1,591 posts

Posted by ppginvest > 2014-11-11 11:59 | Report Abuse

stncws, u just sold out 300 lots? good luck

FX Lee

5,194 posts

Posted by FX Lee > 2014-11-11 12:16 | Report Abuse

nvm just longer term as the revenue from solar not yet flow in

FX Lee

5,194 posts

Posted by FX Lee > 2014-11-11 12:16 | Report Abuse

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.

chy72

2,960 posts

Posted by chy72 > 2014-11-11 12:17 | Report Abuse

stncws u play contra????I get 0.185 for some....the rest still q to buy.....

chy72

2,960 posts

Posted by chy72 > 2014-11-11 12:19 | Report Abuse

agree with FX lee...i sold all my asiabio mother at 0.165 and now waiting to buy more for vsolar

FX Lee

5,194 posts

Posted by FX Lee > 2014-11-11 12:24 | Report Abuse

may be 1-4 months need to hold for VSOLAR

chy72

2,960 posts

Posted by chy72 > 2014-11-11 12:26 | Report Abuse

overall operator is push down most of the market counter....so that they can collect cheaper...when all retailer has been outor decrease...they push up again to gain big earning...

chy72

2,960 posts

Posted by chy72 > 2014-11-11 12:26 | Report Abuse

this is the way local fund gain big money

FX Lee

5,194 posts

Posted by FX Lee > 2014-11-11 12:31 | Report Abuse

i think so, they want shake us out the boat , before the boat depart

FX Lee

5,194 posts

Posted by FX Lee > 2014-11-11 12:31 | Report Abuse

u check top 30 shareholders, all institutions..........

FX Lee

5,194 posts

Posted by FX Lee > 2014-11-11 12:32 | Report Abuse

i pergi kerja, u sendiri monitor

ozzie75

8,772 posts

Posted by ozzie75 > 2014-11-11 12:41 | Report Abuse

@FX Lee: Any idea on the unit cost of the Company for producing 1 kWh of renewable energy to Tenaga?

stncws

10,622 posts

Posted by stncws > 2014-11-11 13:20 | Report Abuse

finished !

as1915000

1,010 posts

Posted by as1915000 > 2014-11-11 13:49 | Report Abuse

buy more

stncws

10,622 posts

Posted by stncws > 2014-11-11 14:35 | Report Abuse

DUMP !

Stockker

289 posts

Posted by Stockker > 2014-11-11 14:40 | Report Abuse

Any idea how much sales to Tenaga ?

ppginvest

1,591 posts

Posted by ppginvest > 2014-11-11 14:42 | Report Abuse

you dump, gua wollap

ozzie75

8,772 posts

Posted by ozzie75 > 2014-11-11 14:50 | Report Abuse

@stockker: I do not think the cumulative 6-mth sales revenue up to end-Jun14 include the solar energy sale to Tenaga. If I am not mistaken, that should have kickstarted in Dec 2013, or did I miss out something, anyone?

Stockker

289 posts

Posted by Stockker > 2014-11-11 14:58 | Report Abuse

Do you know how to calculate the 500kwh to Rm ?

ozzie75

8,772 posts

Posted by ozzie75 > 2014-11-11 15:07 | Report Abuse

@stockker: I only know the contractual rate is about RM 1.3812 /kw.
Regrettably, I don't know on the conversion part from kWh to kw.

ozzie75

8,772 posts

Posted by ozzie75 > 2014-11-11 15:15 | Report Abuse

@stockker: if you are looking for some indicative revenue potential of the tenaga deal, there is an indicative amount of some RM 17 mill in their 2013 proposed diversification announcement. Inception of the Tenaga agreement is believed to be 1 Aug 2013.

ozzie75

8,772 posts

Posted by ozzie75 > 2014-11-11 15:19 | Report Abuse

@stockker: correction on the rate: RM 1.3812/kWh

Stockker

289 posts

Posted by Stockker > 2014-11-11 15:30 | Report Abuse

Maybe google might help. Will be good if we can find out expected revenue and net profit after cost, depreciation etc.

ozzie75

8,772 posts

Posted by ozzie75 > 2014-11-11 15:34 | Report Abuse

Let's open this up for fellow participants to comment. I am merely extracting info from past announcements, and hopefully some fundamentalist(s) can help to shed further light.

Cheers.

Stockker

289 posts

Posted by Stockker > 2014-11-11 15:43 | Report Abuse

Thx. Any sifu on this matter ?

kkton19

190 posts

Posted by kkton19 > 2014-11-11 15:46 | Report Abuse

Maybe FX Lee will know

ozzie75

8,772 posts

Posted by ozzie75 > 2014-11-11 15:48 | Report Abuse

increasing number of familiar nicks sighted here. :)

tattvooi

142 posts

Posted by tattvooi > 2014-11-11 15:53 | Report Abuse

OMG...forced selling juz now?!Suddenly so many dumping~

ppginvest

1,591 posts

Posted by ppginvest > 2014-11-11 15:53 | Report Abuse

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.

kkton19

190 posts

Posted by kkton19 > 2014-11-11 15:56 | Report Abuse

Doesn't matter, good share might need to be hold.

ppginvest

1,591 posts

Posted by ppginvest > 2014-11-11 15:58 | Report Abuse

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

stncws

10,622 posts

Posted by stncws > 2014-11-11 16:40 | Report Abuse

ASIABIO CAPITAL ....KEEP BUYING , ACCUMULATING.....SOMETHING SURE !!!

stncws

10,622 posts

Posted by stncws > 2014-11-11 16:53 | Report Abuse

BUY UNDERVALUE NOW!

ozzie75

8,772 posts

Posted by ozzie75 > 2014-11-11 17:13 | Report Abuse

Why undervalue?

ericsoh

95 posts

Posted by ericsoh > 2014-11-11 20:37 | Report Abuse

VSOLAR GROUP BERHAD [631995-T] (Formerly known as Fast Track Solution Holdings Berhad)
UNAUDITED INTERIM FINANCIAL REPORT FOR SECOND QUARTER ENDED 30 JUNE 2014
10 | P a g e
B3. Current year prospects – cont’d
Notwithstanding the opportunity in digital content creation, the Group had diversified its business into
renewable energy and media publishing. The Group had entered into a Renewable Energy Power Purchase
Agreement on 1 August 2013 with Tenaga Nasional Berhad (“TNB”) for the sale and delivery of 500KW
solar renewable energy to Tenaga Nasional Bhd for a concession period of 21 years.
Vsolar is also realigning its business strategy along the current Malaysia Government Renewable Energy
Policy. SEDA is expected to announce and open up more Feed-in-Tariff (FiT) quotas in the coming year and
Vsolar shall continuously bid in SEDA Malaysia's FiT tender and grow its current solar power generation
plant from 500KW to maximum limit allowed by individual company.
Additionally, the Group had also entered into a business agreement with Integrate Solar Farm Sdn Bhd to
build & construct a 500KW Solar Plant for the generation of green electricity.

ppginvest

1,591 posts

Posted by ppginvest > 2014-11-11 22:55 | Report Abuse

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.

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