Posted by hng33 > 2022-07-19 11:06 | Report Abuse

Cut cypark at 31.5sen, lack of momentum, free up capital

Posted by hng33 > 2022-07-19 11:46 | Report Abuse

sold balance at 32sen

Posted by hng33 > 2022-07-19 11:58 | Report Abuse

Oop! momentum return

Posted by hng33 > 2022-07-19 11:59 | Report Abuse

force, bought back all at 32.5sen :(

Posted by spyking > 2022-07-19 12:04 | Report Abuse

Hng33 r u ok?

Posted by TRexxx > 2022-07-19 14:42 | Report Abuse

@Hng33 aiya ya....

Posted by TalkC > 2022-07-19 17:10 | Report Abuse

this guy trying to lure ppl buy and he dispose. LOL

Posted by star168 > 2022-07-19 18:05 | Report Abuse

gg stock

Posted by star168 > 2022-07-19 18:05 | Report Abuse

will cypark make loss coming qr?

Posted by Otapahbinabu > 2022-07-20 10:28 | Report Abuse

Useless stock

Posted by Skywalker00 > 2022-07-20 11:56 | Report Abuse

Most counters run by dato politicians connections are just like this....

Posted by Otapahbinabu > 2022-07-20 15:13 | Report Abuse

RUN!!!

Posted by star168 > 2022-07-20 18:29 | Report Abuse

rasuah banyak

Posted by yong1985cm > 2022-07-21 09:20 | Report Abuse

cannot understand what is Rzli intention, keep on disposing at open market, now he only owned 2.0%+, from 6% early this year. why cant he sell to some1 thru direct biz transaction? and why he throw at such low price, see the price he sell recently is really low leh, lower than ESOS subscribed price / IPO price. he is like foreseeing something bad will happen so fire sell now dun care sell at loss.

on the other hand, the CEO also selling but explained the selling is due to margin call. and telling public that the WTE LSS2 will complete Sep 22 , very soon. telling ppl about the biz model of cypark with huge debt is normal, and so on. what he tried to do is to calm public down.

so there the action from these 2 brother is very contradict to each other.

Posted by Otapahbinabu > 2022-07-21 10:14 | Report Abuse

Useless.. sold all

Posted by star168 > 2022-07-21 13:18 | Report Abuse

lol, they selling at low price still profitable, they get dividend for so many years alreadly, all their ticket share is free, atm for them alreadly

Posted by hng33 > 2022-07-21 15:21 | Report Abuse

Cypark rebound ahead announcement COD for its WTE soon

Posted by TRexxx > 2022-07-21 16:12 | Report Abuse

rebound. Good Good

Posted by hng33 > 2022-07-21 16:13 | Report Abuse

Technically, higher high, bullish signal

Posted by hng33 > 2022-07-21 16:15 | Report Abuse

super momentum on recovery

Posted by hng33 > 2022-07-21 16:40 | Report Abuse

GOOOOOOOOOOOOOOOOOOOOOOOOOO

Posted by TRexxx > 2022-07-21 16:49 | Report Abuse

Hng33 u lucky buy back...
Haha.....

Posted by koyokui > 2022-07-21 18:09 | Report Abuse

Haha sold all tq cypark. Move to next stock

Posted by TRexxx > 2022-07-21 18:42 | Report Abuse

@Yong1985cm
My point of view...
Mostly rich businessman will keep the cash. They predict inflation coming. They will make more money when the inflation is over.
That's why rich & richer.
Bill Gates is one of it.....
Now Elon Musk....

Posted by TokAbah > 2022-07-22 10:21 | Report Abuse

Cypark strong current. Resistance at 37sen.
Let see

Posted by hng33 > 2022-07-22 15:28 | Report Abuse

It will breakout soon

Posted by TokAbah > 2022-07-22 15:44 | Report Abuse

must clear the 37 first

Posted by hng33 > 2022-07-22 16:22 | Report Abuse

Heading 40sen

Posted by TokAbah > 2022-07-22 16:35 | Report Abuse

Runnnnn

Posted by TokAbah > 2022-07-22 16:35 | Report Abuse

lock profit

Posted by hng33 > 2022-07-22 16:52 | Report Abuse

Wait for COD announcement

Posted by Meatbone > 2022-07-22 16:54 | Report Abuse

https://klse.i3investor.com/web/blog/detail/CyparkQuestions/2022-07-22-story-h1626910152-Letter_from_a_Suffering_Shareholder_to_Cypark_Resources_Berhad_Auditors

This stock really make me cannot sleep

Posted by Meatbone > 2022-07-22 16:55 | Report Abuse

Everyday i thinking why i still hold, but its down so much, sell also like no point.

Posted by hng33 > 2022-07-22 17:12 | Report Abuse

Once COD is announced, sky is clear

Posted by Meatbone > 2022-07-22 17:17 | Report Abuse

Hng33,

What COD? Main question now is not COD, it is whether RTE profitable abit.

Also LSS2 project not just delayed, but completely change locations. No need announce anything, just change only.

Posted by hng33 > 2022-07-22 17:21 | Report Abuse

WTE can produce RM 80m + tipping fee RM 20m = RM 100m x 25 year concenssion period ( assume cinstant rate)

The total revenue generated RM 2.5 billion vs. Curent WTE assest RM 900m

Posted by hng33 > 2022-07-22 17:23 | Report Abuse

LSS2 change location as long as gov approve internally, cypark no absolutely need to disclose everything publicly. If have doubt, just ask in AGM

Posted by hng33 > 2022-07-22 17:31 | Report Abuse

Furthermore, LSS2, cypark is EPC contractors + financer peovided + O&M. Cypark own onlr 40% stake in one of the LSS2 package.

After COD in LSS2 which have 3 package, each 30MW, cypark will earning revenue interest + O&M fees

In LSS3, cypark own 60% for 100MW, COD is Dec 2022

Posted by hng33 > 2022-07-22 17:36 | Report Abuse

In LSS2, the 2 package is given to individuals company and another is 40% own by cypark. As these individuals companies have nil finance source to buit power plant, cypark act as financer to offer funding. In return, once COD achieve, these individuals company receives cash payment from TNB, it need to payback to cypark including interest. Therefore, cypark get back upfront capital + earn interest income

Posted by Papayashot > 2022-07-22 18:00 | Report Abuse

hng33, what's your intention here? I have been noticing you quite often in different forums.. Keep on mentioning your buy and sell prices.. Pretty funny.. Now spreading the old news again. Wanna spread good news to push up price so you can sell to other investors?

Posted by hng33 > 2022-07-22 18:03 | Report Abuse

hahaha, i merely make clarification about wte, lss2 and lss3 here.

Posted by hng33 > 2022-07-22 18:04 | Report Abuse

buy or sell to make profit is normal in share trading, nothing to hide

Posted by Meatbone > 2022-07-22 18:43 | Report Abuse

boss Hng,

Based on the analyst report, they say management estimate 71m. 59m power and 12m Tipping. Which is much lower than your number,

Lets say your number correct. This is not tech co, can just generate revenue without paying cost. Depend what we think the cost is, that guy write what ebitda 62%.

After interest of RM43m is basically zero. And depreciation leh, maintenance/replacement of part leh?

Posted by Meatbone > 2022-07-22 18:44 | Report Abuse

Also, they say delay is due to covid. simisai in 2013 say it will complete by 2017. Covid is 2020, delay from 2017-2020 related to covid?

Posted by Meatbone > 2022-07-22 18:46 | Report Abuse

Boss hng,

I ask you, if someone say do condo in Kota Damansara, then say after 2 year, want change to seremban. No need announce?

Also cost everything sure change, money pay d, sukuk interest start counting d how.

If these people provide nothing, why cypark need give them free share? And esp since they are ex employees.

Posted by hng33 > 2022-07-22 19:10 | Report Abuse

The feedstock for WTE is waste, it not only free of charge, but also is chargeable income through tipping fees. It segregation plant is to harvest recyclable waste, which is another source of income. The operation cost mainly from staff operation cost only, The WTE profit margin is highly lucrative, the revenue earn is still bigger than depreciation/interest/operation cost.

The original first delay is due to lack of access road to power plant, cypark need to build new access road direct to power plant. The second delay was due to power plant design, which need remodification. The third delay was then due to covid.

As said earlier, LSS2 was award to 3 individual private companies, not to cypark. It is nil responsible for these private company own to report publicly. Cypark only own 40% stake in one of these private company.

The individual private company could be through political link secure LSS2 total 3 x 30MW each, highly lucrative traffic rate. Therefore, these private company afford do nothing, but solely subcon to cypark to do everything for them including provide all funding. Cypark in return get EPC contract to built, provide funding through sukuk low interest issuance. Cypark later charge high interest to private company and allow defer payment later once COD through entire concession.

Bear in mind, each of these 30MW, total 3 power plant were built at cost RM 230m each. Cypark stand to received strong cash flow , both from upfront capital to repay sukuk and high interest revenue to repay low sukuk interest expense + O&M fees

Posted by hng33 > 2022-07-22 19:13 | Report Abuse

For LSS3, cypark through perpetual issuance RM 550m to built 100MW. These LSS3 is 60% own by cypark, COD end dec 2022

Posted by hng33 > 2022-07-22 19:25 | Report Abuse

Based on total debt cypark now as RM 1.4 billion, majority are project funded for WTE 900m + LSS2 660m + LSS3 550m, partly offset by cypark own equity capital.

Posted by RISK8888 > 2022-07-22 21:41 | Report Abuse

Want to ask, all these BOT projects. At the end of the concenssion, what happen to the asset? is it return back to government for free? or return with a certain amount guarantee by government?

Posted by Superb99 > 2022-07-22 23:03 | Report Abuse

Wondering if a company is so good, why people keep dumping till 30 over cents...questionable...I got monitor today and seems like people keep dumping once the price hit 0.38 so not easy to go higher