CYPARK RESOURCES BERHAD

KLSE (MYR): CYPARK (5184)

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Last Price

0.94

Today's Change

-0.01 (1.05%)

Day's Change

0.935 - 0.96

Trading Volume

7,530,000


12 people like this.

7,038 comment(s). Last comment by 凯翔 赖 3 days ago

Superb99

6,577 posts

Posted by Superb99 > 2022-07-22 23:04 | Report Abuse

This company used to be a good dividend yield counter but now just kind of penny counter...too bad

hng33

19,840 posts

Posted by hng33 > 2022-07-23 13:33 | Report Abuse

Cypark share already paid heavy price, tumbling 70% to current level due to delay in achieve COD. Cypark suffer multiple time delay on WTE is key culprit, follow by delay in LSS2 from June to sept + many rumors, causing heavy selling pressure to current low level. The risk already factor in share price.

Now, only need to fulfil it COD as soon as possible by sept for remaining LSS2 solar power plant 2 x 30MW by sept, and 25MW WTE by sept and LSS3 100MW solar plant by Dec. Form now till COD, waiting period is just 2 month and 4 month respectively, once COD achieved as plan, stock price should at least recover back to previous level.

in regard to BOT, after 25 year concession, if company seek for extension and gov willing to extend, power plant are allow to continue operation to generate power, otherwise, the plant will transfer free to gov or dismantled if power plant reach expire lifespan.

hng33

19,840 posts

Posted by hng33 > 2022-07-23 13:37 | Report Abuse

Cypark should resume cash dividend payment to shareholder once COD achieved to all it solar plant and WTE. Cypark acting as financer for LSS2 stand to grab additional interest revenue from assets owner on top of capital upfront and O&M fees. The strong cash flow will pare down cypark debt gradually, increase free cash for dividend payment in future.

Meatbone

18 posts

Posted by Meatbone > 2022-07-23 17:58 | Report Abuse

hng33,

Waste is free, but its wet, you need to heat it up to dry it first. This cost money. What EBITDA % are you giving them? 100%?

Like the article say, these 3 companies is not owned by politically connected, they are owned by employees. Also if you look at the LSS2 bids, i dont think the connection matters, as Cypark was bidding at super low prices.

mikeann

808 posts

Posted by mikeann > 2022-07-23 18:43 | Report Abuse

Very strange. The big question is why did the main sponsor of the company been selling the shares of the company non stop for the past few months if the company's financial position is ok. There was even heavy selling of the shares last week.

Is there any company issues which are known to the insiders, but not known to minority shareholders? It's wise to be cautious.

Papayashot

373 posts

Posted by Papayashot > 2022-07-23 18:51 | Report Abuse

Hi superb99, you are sharp. Those dumping at RM 0.38 are exactly those who relentlessly spread good news here lo.. only amateur will be influenced by them.

hng33

19,840 posts

Posted by hng33 > 2022-07-23 23:18 | Report Abuse

hahaha, WTE use incinerator to burns completely combusted waste at ultra-high temperatures allowing for energy recovery, whether waste is wet or dry, it will completely burn off

Whether or not LSS2 award to anyone else, make no different as it is awarded by government. These private companies opt to subcon to cypark everything from funding, EPC, M&E. More importantly, the funding is via sukuk, it is non-recourse project debt, strictly guided by RAM rating, back by gov concession agreement. If no mistaken, LSS2 traffic rate is fetching as high >30sen if compared to current LSS4 17sen

Major shareholder suffer heavy loss due to margin call, judging by its ESOS cost is higher than market price. It is their fault for failure to achieved COD earlier. Many minorities also follow paid heavy loss due to intense selloff pressure.

To me, i see opportunity at current price. My previous purchase was below 30sen, locked profit at 45sen. Now, is my second round buyback at 33sen. I don need to fall in love in these stock, trading for profit is more important to me.

Short term, i wish to wait for cypark WTE COD announcement as good news, which should serve as catalyst after long overdue. Nevertheless, TA still come first, FA only second.

Meatbone

18 posts

Posted by Meatbone > 2022-07-24 02:53 | Report Abuse

hng33.

When rubbish is wet, its harder to burn.

You try burn wetwood vs dry wood and see.

hng33

19,840 posts

Posted by hng33 > 2022-07-24 11:07 | Report Abuse

Incineration temperature ranges from 300–400°C, whether, wet or dry waste, no difference at such high temperature, all burn off to generate heat

meowmiao

15 posts

Posted by meowmiao > 2022-07-25 12:20 | Report Abuse

Meatbone,

are u insider? u sound very familiar with wte...

Superb99

6,577 posts

Posted by Superb99 > 2022-07-25 13:04 | Report Abuse

Heading south again

Superb99

6,577 posts

Posted by Superb99 > 2022-07-25 13:04 | Report Abuse

Very weak momentum

Superb99

6,577 posts

Posted by Superb99 > 2022-07-25 13:07 | Report Abuse

Heavy selling every day, how to go up

Posted by norzam6020 > 2022-07-25 13:36 | Report Abuse

Time to accumulate again

Meatbone

18 posts

Posted by Meatbone > 2022-07-25 15:01 | Report Abuse

I just read google.

No matter what temperature, burn wet items is harder than dry items.

JonVest

60 posts

Posted by JonVest > 2022-07-26 11:55 | Report Abuse

Sad sold too early based on comments.. could have profit more..

icecool

4,791 posts

Posted by icecool > 2022-07-26 11:56 | Report Abuse

bullish

Posted by norzam6020 > 2022-07-26 12:32 | Report Abuse

40cts coming good luck guys

hng33

19,840 posts

Posted by hng33 > 2022-07-26 12:42 | Report Abuse

Higher high - - - > bullish signal

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2022-07-26 15:30 | Report Abuse

40 cent,......good time to sell,......

Karlos

1,258 posts

Posted by Karlos > 2022-07-26 15:32 | Report Abuse

“There is a tide in the affairs of men. Which, taken at the flood, leads on to fortune”

JonVest

60 posts

Posted by JonVest > 2022-07-26 15:34 | Report Abuse

Sold at 0.365 bought back at 0.39 sad should have kept

nicholas99

9,844 posts

Posted by nicholas99 > 2022-07-26 15:35 | Report Abuse

yeah.. seems like.. dangerous play from here onward. good luck.

RTA09391

219 posts

Posted by RTA09391 > 2022-07-26 15:39 | Report Abuse

IDSS die kaw kaw

Karlos

1,258 posts

Posted by Karlos > 2022-07-26 15:39 | Report Abuse

Omitted, all the voyage of their life
Is bound in shallows and in miseries.
On such a full sea are we now afloat,
And we must take the current when it serves,
Or lose our ventures

hng33

19,840 posts

Posted by hng33 > 2022-07-26 15:48 | Report Abuse

WTF is completing testing and commissioning soon, just wait for COD announcement

TRexxx

135 posts

Posted by TRexxx > 2022-07-26 15:50 | Report Abuse

Just keep it & wait for WTE kick off.....

hng33

19,840 posts

Posted by hng33 > 2022-07-26 16:31 | Report Abuse

added all more cypark at 40.5sen

Michael Kwok

6,081 posts

Posted by Michael Kwok > 2022-07-26 17:04 | Report Abuse

I think should worth 50 cents range.
26/07/2022 5.04pm

Superb99

6,577 posts

Posted by Superb99 > 2022-07-26 17:15 | Report Abuse

Hope it can hit 50 cents for 1st tp

star168

460 posts

Posted by star168 > 2022-07-26 18:29 | Report Abuse

nta 2.11 everyone target 0.4-0.5, why not target rm1-2? haha, greedy make loss

yong1985cm

214 posts

Posted by yong1985cm > 2022-07-26 18:42 | Report Abuse

do not be so happy, tomorrow our dear Rzli throw ticket, the price will drop back what it previously was.

he is a time bomb, got it

TalkC

855 posts

Posted by TalkC > 2022-07-26 20:05 | Report Abuse

Wait normalise to 28-30Sen and buy in again? Lol

rezzare

575 posts

Posted by rezzare > 2022-07-26 20:31 | Report Abuse

gogogo tmr limit uppp

Posted by norzam6020 > 2022-07-27 07:39 | Report Abuse

ya wait till drop again to 33cts and continue cypark cycle,dont get trapped.

Hotstuff

3,147 posts

Posted by Hotstuff > 2022-07-27 09:14 | Report Abuse

the more naysayers the higher the share price move. that's how it works. when everyone say buy you sell

hng33

19,840 posts

Posted by hng33 > 2022-07-27 09:17 | Report Abuse

The cycle wont repeat back again as the main culprit of delay in commissioning COD for WTE and solar power will be resolved by Sept. Next week already Aug, cypark may surprise market if can announce earlier than expect COD date in Aug, otherwise, just wait another month, Sept, COD announcement is key re-rating for cypark

Posted by norzam6020 > 2022-07-27 09:30 | Report Abuse

Easy sell when green and buy when red,good luck.

rezzare

575 posts

Posted by rezzare > 2022-07-27 09:37 | Report Abuse

kennot repeat la i all in already

nicholas99

9,844 posts

Posted by nicholas99 > 2022-07-27 09:44 | Report Abuse

go down and repeat.

nicholas99

9,844 posts

Posted by nicholas99 > 2022-07-27 09:45 | Report Abuse

buy buy buy.

hng33

19,840 posts

Posted by hng33 > 2022-07-27 09:51 | Report Abuse

TA is bullish

TalkC

855 posts

Posted by TalkC > 2022-07-27 10:30 | Report Abuse

time to short this counter especially soomebody started to buy call? =)

hng33

19,840 posts

Posted by hng33 > 2022-07-27 10:35 | Report Abuse

Go short if you can, wait next month, you will get backfire lol, hahaha

hng33

19,840 posts

Posted by hng33 > 2022-07-27 10:44 | Report Abuse

supper bullish

TalkC

855 posts

Posted by TalkC > 2022-07-27 10:45 | Report Abuse

those short selling already earning since RM 1.2 range earlier..

iPlay

1,812 posts

Posted by iPlay > 2022-07-27 10:46 | Report Abuse

Now, you short you die oh!

TRexxx

135 posts

Posted by TRexxx > 2022-07-27 10:50 | Report Abuse

Shooting star coming

TalkC

855 posts

Posted by TalkC > 2022-07-27 10:51 | Report Abuse

IDSS started their short selling....

hng33

19,840 posts

Posted by hng33 > 2022-07-27 10:53 | Report Abuse

Now cypark is on both TA + FA, both show good indicator

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