technically may rebound a little today, but the chances to go down within a week is higher, waiting to buy back if going down again, hope still can get 0.295 - 0.31
The WTF power plant is under trial run, which usually took about 1-2 month time. Once completed, it will officially announcement commercial operation date. Stay tune and be patient.
Once power plant achieved COD, Concession business is most viable business model in time of uncertainty, it ensure steady positive cash flow over long term 25 year period. Cypark upfront built up debt will steady get repayment, reducing interest expense and pave way for dividend payout in future
COD COD COD, a total of 4 COD announcements will be made on bursa soon. 1 COD on WTE (RM 900m), 2 COD (2x 30MW, each RM 230m x 2) and 1 COD (100MW) , cost RM 550m for solar power, total worth RM 2 billion worth of power plant will commercial operation by 2022
These total worth of RM 2 billion new power plant once start commercial operation these year will begin to receive steady recurring payment over 25 year concession period, make repayment debt total worth RM 1.4 billion, with the balance to start resume dividend payout on positive cash flow
Share price can have fluctuations, but, business model is key determinant. Long term 25year power plant concession businesss allow cypark to shield from recession risk, geopolitical tension, inflation etc
Now already August, by next month, many new power plant are ready for COD.
Be patient, juat wait little longer for official announcement in bursa.
Power plant COD is ultmost important for upfront huge built up cost power plant businesses model as it will end construction risk and begin new steady positve cash flow upon COD for next 25 year concessions
Technically, the Bollinger band just opened, bullish signal.
Cypark on track to retest recent high level 46sen and 49.5sen, once breakout, it will move significantly higher to above 50sen ahead of COD announcement
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....
maxprofit2020
1,161 posts
Posted by maxprofit2020 > 2022-07-29 11:42 | Report Abuse
next support shall be 0.405 or 0.395, if well support, one more round to 0.465, if broken, all the way back to 0.295