CYPARK RESOURCES BERHAD

KLSE (MYR): CYPARK (5184)

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Last Price

0.885

Today's Change

-0.005 (0.56%)

Day's Change

0.88 - 0.905

Trading Volume

6,054,400


13 people like this.

7,149 comment(s). Last comment by oks911 3 days ago

TCH1186

910 posts

Posted by TCH1186 > 2023-04-11 17:00 | Report Abuse

this wont go back rm1. max around .96-.985

newtrader1989

1,429 posts

Posted by newtrader1989 > 2023-04-12 09:10 | Report Abuse

Gap down opening hahaa

Posted by liewkitkong > 2023-04-12 09:49 | Report Abuse

Adoi who throwing kaw2 at 0.86??? now sudah jatuh below 0.84.

Posted by Cikpurnama22 > 2023-04-12 09:52 | Report Abuse

Look like promoter try push up back. but seller so heavy at 0.86 & above.

garethball

131 posts

Posted by garethball > 2023-04-12 09:54 | Report Abuse

now bukan 0.86 heavy selling, 0.85 pun orang throww.

garethball

131 posts

Posted by garethball > 2023-04-12 09:56 | Report Abuse

0.845 pun sudah kena throw meh. walawehhhh.

putusamy

113 posts

Posted by putusamy > 2023-04-12 09:59 | Report Abuse

cypark ni lately sudah tarak kuat like previously la. promoter not strong like previous.

Posted by liewkitkong > 2023-04-12 10:29 | Report Abuse

kalau macam ini punya tebal Q sell at 0.855 & above jangan mimpi la harga mau sampai yesterday punya price.

Posted by liewkitkong > 2023-04-12 10:41 | Report Abuse

Q Sell kaw2 sudah datang. tadi dekat 0.855 now at 0.85. matilah ini stock.

garethball

131 posts

Posted by garethball > 2023-04-12 11:15 | Report Abuse

Price fall maybe cause by foreign selling. We can see topglov & supermx also follow same pattern.

Posted by liewkitkong > 2023-04-12 11:19 | Report Abuse

Now big selling volume shift to 0.845. sure xde harapan ni.

garethball

131 posts

Posted by garethball > 2023-04-12 12:27 | Report Abuse

Seram meyh kalau foreign yang throw. Kejap saja Q hilang buy hilang.

putusamy

113 posts

Posted by putusamy > 2023-04-12 12:29 | Report Abuse

Sekali foreign throw habis licin Q at 0.85 & 0.845. strong betul ini foreign sampai operator pun x boleh lawan.

Posted by Cikpurnama22 > 2023-04-12 12:32 | Report Abuse

Kalau foreign yang throw x kire stock bos Jakel ka? MR CHUNG CHEE YANG ka? confirm xkan boleh lawan foreign punya la. mesti jatuh punya.

putusamy

113 posts

Posted by putusamy > 2023-04-12 14:43 | Report Abuse

So hard la to fly back. when price try going up. someone throw kaw2 at 0.85. aiyoyoyo.

Posted by liewkitkong > 2023-04-12 15:18 | Report Abuse

sometimes i wonder la. who the guys sold kaw2 at 0.86 ni? tadi price baru mau naik sikit. sekali sudah kena push down.

garethball

131 posts

Posted by garethball > 2023-04-12 15:21 | Report Abuse

ya lah. this big volume seller non stop since morning session. Tadi i thought sudah habis when price touch 0.865 back. but this big volume still continue throw at 0.86 level.

garethball

131 posts

Posted by garethball > 2023-04-13 10:14 | Report Abuse

betul2 follow gloves movement la ini stock. btw nice cypark

psd57

2,314 posts

Posted by psd57 > 2023-04-13 15:47 | Report Abuse

In January 2023, CYPARK changed its financial year end from Oct 31, 2022, to April 30, 2023, resulting in its current set of financial statements to comprise a period of 18 months from Nov 1, 2021, to April 30, 2023.This was in view of the imminent losses and subsequent sell-down of the counter if the 12-month period ending 30th Oct 2022 was to be observed.

CAUTION: WATCH OUT FOR THEIR NEW FINANCIAL PERIOD ENDING 30 APRIL 2023. MORE LOSSES AND ALSO SELL DOWN TO FOLLOW. THE 2 NEW SUBSTANTIAL SHAREHOLDERS DEFINATELY KNEW OF THIS AND MIGHT HAVE GOT THEIR HOLDINGS AT MUCH LOWER OFF-MARKET PRICE. SAD FOR THE RETAIL PUBLIC AND THEIR INVESTMENTS... STILL CHASING!

PSD'S FINANCIAL DESK ( MBA, CFA.). AVAILABLE FOR CONSULTANCY - 13 APRIL 2023

roller77

40 posts

Posted by roller77 > 2023-04-13 17:17 | Report Abuse

Apa u nak jual psd? Advisory ka.

Kelvin Soh

273 posts

Posted by Kelvin Soh > 2023-04-13 18:22 | Report Abuse

The 2 upcoming solar farm in Kelantan and terengganu is huge. The share price has not price in this two factors, so I buy before everyone realise it. Similar to pre-WTE plant (35sen). At the same time, think twice why they need to change the financial year? before 30 Apr 2023, their revenue mostly come from constrution, after 1 May 2023, most of the revenue will come from generating electric (from WTE, floating plant and etc.)

Dun need MBA CFA, Let Kelvin Soh tell you

Posted by pilahwizard > 2023-04-14 00:46 | Report Abuse

Easily rm1 very soon...

psd57

2,314 posts

Posted by psd57 > 2023-04-14 12:06 | Report Abuse

Public Invest Research
Cypark Resources Berhad - Commissioning WTE Plant
PublicInvest
Publish date: Mon, 03 Apr 2023, 10:36 AM

DOWNGRADE TARGET PRICE TO 63c

Cypark Resources (Cypark) reported lower revenue of RM32.9m in 5QFY23 (***31st March 2023) , down 32% QoQ in the absence of revenue from the construction and engineering segment as most of its projects have been phased out from the construction phase. Despite the lower revenue, its core PATAMI grew from RM1.7m to RM3.0m (+78.4%) on a QoQ basis.

Due to changes in fiscal year to April 2023 from October 2022, no comparison has been made on a YoY basis. In comparison with estimates, the core PATAMI only met 3.8% of ours. On project updates, Cypark’s waste-to-energy (WTE) plant achieved commercial operation in December 2022 and has started to recognise sale of energy. Contributions remain minimal however and has been unable to offset the absence of revenue from construction and engineering segment in 5QFY23.

***Due to weaker than expected result and dilution from the recent private placement, we cut our earnings forecast and downgrade our call to Neutral (from Outperform) with lowered SOP-based ***target price of RM0.63 (from 0.85).

Update on WTE Plant. Cypark’s WTE plant at Ladang Tanah Marah (LTM) has achieved commercial operation on 14 Dec 2022. The plant has started to recognize sale of energy on top of tipping fees and recycling revenue in 5QFY23, though is still minimal for the period. We will expect to see full quarter contribution in 6QFY23. The plant, with installed capacity of 19.73MW, will contribute earnings for the next 16 years.

Participating in two WTE tenders. The success of LTM will enhance its track record and could strengthen its position in two WTE tenders in Johor and Malacca as part of five tenders in a nation-wide WTE implementation plan. It expects the future WTE plant capacity to be between 15MW and 25MW with expected capital expenditure above RM500m for each plant.

End of fund raising activities. The COVID-19 pandemic has caused significant delays in its key projects, namely the LTM WTE Plant and Danau Tok Uban Large Scale Solar 2 (DTU LSS2).
As such, Cypark has raised funding amounting to c.RM650m since FYE2020 via term loans, perpetual Sukuk and private placement to provide lifelines for its working capital pending completion of these projects. With the commencement of the WTE Plant, we foresee no further injections needed. We also expect that the remaining RM30m from the private placement earmarked for the DTU LSS2 is sufficient until it achieves commercial operation in May 2023.

Source: Public Invest Research - 3 Apr 2023


Note: The full 15mth FYE 30th April 2023 to be announced on 30th June 2023, will not look attractive. Trade with care and accumulate around 60ct onwards.

PSD'S FINANCIAL DESK ( MBA, CFA.).- 13 APRIL 2023

Kelvin Soh

273 posts

Posted by Kelvin Soh > 2023-04-14 12:48 | Report Abuse

psd, ask yourself. shares price trade base on historical price or future prospect?

Kelvin Soh

273 posts

Posted by Kelvin Soh > 2023-04-14 12:54 | Report Abuse

WTE only 20MW made cypark went to RM1.20+. How about future 2 COD which about 200MW?

star168

460 posts

Posted by star168 > 2023-04-14 22:12 | Report Abuse

i believe many people think same with you, but if cypark didnt manage well, even good prospect also useless, money inside all pocket

star168

460 posts

Posted by star168 > 2023-04-14 22:12 | Report Abuse

what you see and think may not real...

star168

460 posts

Posted by star168 > 2023-04-14 22:13 | Report Abuse

i hope cypark dont let shareholder dissapoint ...

psd57

2,314 posts

Posted by psd57 > 2023-04-17 12:34 | Report Abuse

At 83.5 c.... price had run ahead of fundamentals (PE 20x); frontloading the WTE earnings at a pre-mature stage. The actual effect could only be seen come FYE 31 March 2024. My clients are holding in the price range, 50 to 60cs.

PSD'S FINANCIAL DESK ( MBA, CFA.).- 17 APRIL 2023

Cnlim

490 posts

Posted by Cnlim > 2023-04-17 13:53 | Report Abuse

Then should ask your client's to sell if you think cypark run ahead of it's fundamental

tpee1999

83 posts

Posted by tpee1999 > 2023-04-18 10:44 | Report Abuse

i bought a few units only.

newtrader1989

1,429 posts

Posted by newtrader1989 > 2023-04-18 13:01 | Report Abuse

I would give 5x forward looking PE for this company due to high risk and debt

psd57

2,314 posts

Posted by psd57 > 2023-04-18 13:11 | Report Abuse

Start of the downtrend towards the industry PE of 14 to 16x. Presently high at 20x @81c

PSD'S FINANCIAL DESK ( MBA, CFA.).- 18 APRIL 2023

Abba84

987 posts

Posted by Abba84 > 2023-04-18 14:12 | Report Abuse

Almost a shock t see cypark price drops daily!
Psd could be right ..let see.

berfikir

505 posts

Posted by berfikir > 2023-04-18 14:29 | Report Abuse

ok time to buy

star168

460 posts

Posted by star168 > 2023-04-18 21:36 | Report Abuse

lol...drop back again...

paktua73

18,341 posts

Posted by paktua73 > 2023-04-20 17:13 |

Post removed.Why?

Abba84

987 posts

Posted by Abba84 > 2023-04-25 10:30 | Report Abuse

Rebound s ?

star168

460 posts

Posted by star168 > 2023-04-25 21:32 | Report Abuse

gg

suregoup

240 posts

Posted by suregoup > 2023-04-25 21:56 | Report Abuse

Sure rebound

suregoup

240 posts

Posted by suregoup > 2023-04-25 21:56 | Report Abuse

Sure rebound

suregoup

240 posts

Posted by suregoup > 2023-04-25 21:56 | Report Abuse

Sure rebound

star168

460 posts

Posted by star168 > 2023-04-26 19:55 | Report Abuse

drop non-stop...what a good stock...bye bye

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2023-04-26 19:59 | Report Abuse

lousy stock up from 0.3x to 1.1x you still not sell?
drop back is a certain, no argument.

newtrader1989

1,429 posts

Posted by newtrader1989 > 2023-04-26 23:18 | Report Abuse

Outstanding stock. Super cash rich that need to sell off all the treasury shares. Wow

azrudin84

75 posts

Posted by azrudin84 > 2023-04-27 10:05 | Report Abuse

if today close green, expect moving up TP 1.00

TCH1186

910 posts

Posted by TCH1186 > 2023-05-04 23:10 | Report Abuse

hns.. rip

yong1985cm

215 posts

Posted by yong1985cm > 2023-05-09 08:44 | Report Abuse

same auditors as serba woh

newtrader1989

1,429 posts

Posted by newtrader1989 > 2023-05-11 18:41 | Report Abuse

Alamak Run

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