to all cypark believer.. after hit rm1.00 now cypark will in correction mode.. please reffer to infotec pattern... when infotec reach rm1.00 on 1st time..
now correction will be happen.. paktua set range rm0.78 to rm0.98 this range cypark will be sail..
so next week if not break rm1.05 then be prepared to sail below rm0.90..
paktua was sail many new comer sea.. like sfptech,lgms,infotec, even coraza n cnergen also.. even old counter was sleep like,pmetal,syscorp etc..
paktua was thru all the devil wave..
yang pasti.. all sleeping counter also will rise..
tut tut cypark will reach rm1.15 and paktua will stand till that..
I originally posted this in November 2021. I believe it is still relevant:
According to the 2020 Annual Report, Note 6(a), in relation to the Ladang Tanah Merah WTE plant, "During the financial year, the borrowing costs capitalised in the intangible asset amounted to RM23,522,000 (2019: RM28,422,000)"
According to the Independent Auditor's Report in the same Annual Report, the carrying value of the WTE intangible asset was RM871M.
When the WTE plant is brought on line, the intangible asset will have to be amortized instead of accumulated. Assuming this is done linearly over 19 years (the 19 years being a complete guess on my part), this will be an outflow of RM871/19 or RM45.8M per annum.
At the same time, the interest, which is presently being capitalised, will have to be expensed, which will be an additional expense of RM23.5M.
If you add the interest to the amortization, when the WTE plant is brought on line there will be additional expenses of RM69.3M.
star168 If like that, why still going to invest to operating. 10/11/2021 9:17 PM
MathMan It's actually slightly worse than that. Although the company was forecasting revenue from the WTE plant of RM100M in 2015, in it's Unaudited Interim Financial Report for the Third Quarter ended 31 July 2021, the company stated that "Once the plant is commissioned, the integrated WTE plant is expected to contribute up to RM80 million a year in revenue". So now we have RM80M less RM69.3M less operating costs. A positive effect on earnings is starting to look improbable. 11/11/2021 10:07 AM
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....
PorkLegoGuy
20 posts
Posted by PorkLegoGuy > 2023-01-27 11:10 | Report Abuse
To all Cypark fighters.
STEADY... I'm sure you all have many years investing experience. Wish you all can sell at top mountain best price.
GOGOGO