Funding for equity portion of the project should not be an issue to Tadmax. Tadmax will most likely to sell down their initial 100% equity in the project company to the other two partners at a premium as it is Tadmax that initially developed and finally bagged the project. On top the project will be built on land in Pulau Indah belong to Tadmax. The amount of equity needed for the project will not be that high compared to coal plants. The total cost is estimated to be only at RM3.5b and the rest of the cost will be funded by non recourse debts. Bear in mind this is an IPP project based on negotiated basis and therefore very likely the return would likely be quite attractive. There is no delay in the construction of the plant as it is the government pushed back the Commercial Operational Date from January 2023 to January 2024.
today is the 9th days drop from 0.305...tomorrow is the 10th days.....i think they are testing our patient, even they wanna to collect more at 0.275-0.270, may be later they will throw 1st at 0.275-0.270
last Wednesday the volume is big, today looks like no volume, probably the traders have collected later will throw some out to collect more maybe lower they can collect at 0.265-0.260
no lah...all collected..lost RM500.00 only testing fee...but balance collected, i am sure i will win back more than RM500.00 unless they just remain at 0.275, see who can last long loh
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....
Lk036
929 posts
Posted by Lk036 > 2020-01-15 23:34 | Report Abuse
How Tadmax fund the project?