Hey! Today, R-Table will be covering Vsolar Group Berhad by presenting 10 years financial results in a short, fun & interesting way. Click the link below to watch the video.
Vsolar points to financial viability as reason to abort solar power plant at UTM KUALA LUMPUR: Vsolar Group Bhd and Universiti Teknologi Malaysia (UTM) mutually terminated their joint venture to develop solar energy facilities due to the poor rates of returns. Vsolar, which is involved in solar renewable energy, announced on Thursday both parties decided on the termination based on the financial viability of the proposed project. “Our financial assessment of the proposed tariffs potentially to be awarded by the regulators indicated poor rates of return on our potential investment,” it said. On April 11, 2017, the company said the JV – in which it would hold 80% and UTM 20% – would develop the facilities with a capacity of up to 30 megawatts. The JV was also to undertake research and development on solar energy generation technology and solar plant installation and construction design. The project was to have been built on a site of about 20 acres for every 10 MW to be identified and provided by UTM. Read more at https://www.thestar.com.my/business/business-news/2018/03/01/vsolar-ends-jv-with-utm-on-solar-energy-due-to-poor-returns/#iJHb43kkrQV56p5Q.99
wednesday thurstday and friday, three days straight they trying hitting that ceilingwall 0.190... just standby to see if they can break it on monday and surely intraday will follow uprising it after the blows...
Guan Eng may visit China again to attract investments KUALA LUMPUR (Jul 15): Finance Minister Lim Guan Eng said he may pay another visit to China, potentially Shenzhen again, to attract more investment into Malaysia. Lim said although the US is the largest foreign investor in Malaysia and is expected to continue to increase, but the potential of China’s capital is increasing. “China has its advantage, and the US has its advantage. These two countries are among the best in terms of foreign investment, and they are both very important,” he told local Chinese media Kwong Wah Daily in an interview last Saturday. Lim said if he visits China again next month, his focus will be on investment, so one of the destinations would likely be Shenzhen, to attract high-tech, high-value Chinese major manufacturers to invest in Malaysia. Lim also said after his first official visit to China earlier this month, both countries' governments are discussing the possibility of establishing an interactive channel for the stock exchanges of both countries. Lim said he would discuss this further with Chinese authorities if his next visit to the country materialise. "I hope we can yield some results in the near future," he said. Lim said in addition to investment and business, both countries also hope to strengthen securities and stock exchanges areas. After a visit to the Shenzhen Stock Exchange, Lim said they are studying whether it is possible to create a new platform that makes both capital and stock markets more competitive, and gain more access to financing. Lim said this would require further works to be done, including formulation of the technological process and financing mechanism. Lim hopes that after visiting China, he could accelerate the materialisation of this objective. On the matter of potential raising of Panda bonds from banks in China, Lim said the Malaysian government is still considering it, as the government thinks that it deserves a lower interest rate. Meanwhile, Lim said after visiting Huawei’s operation in Shenzhen and meeting its management, the technology giant pledged to strengthen its investment in Malaysia. Lim also said representatives from Huawei will organise a visit to Malaysia as well, and he is scheduled to meet them to discuss more on the company’s potential implementation of 5G technology in Malaysia. "They will come in a week or two. When I am in Penang, I will discuss with them," he said.
If u already bought this share, prepare yourself for next week. Support line now at 0.195 technically + new high volume + 70% rsi (weekly) = seems like a bit hope. If it's break Res at 0.20(r1)+0.215(r2) for next week, it will go up + make a new high before making a correction (just prediction). Instead, if it's break support 0.195 then it will go down further until it reach 2nd support at 0.175 or may down even further (just prediction). depending on your risk management + trading strategy. Note: history may repeat it self. You know what I mean. Good luck.
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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....
Tonylck
48 posts
Posted by Tonylck > 2019-04-19 10:00 | Report Abuse
Hi Maelsilver , u means Vsolar price is 0.50 per share?