Posted by AhHuat01 > 2024-05-14 20:16 | Report Abuse

congratulation! CEO say good bye to us :)

Posted by Karlos > 2024-05-14 20:32 | Report Abuse

Welcome the new management together with new set of shareholders! We look forward to a bright future. Cypark is in the right industry in the right time. In fact Cypark was an early player in the green energy space and benefit from it as there was less competition.

Posted by yong1985cm > 2024-05-15 10:27 | Report Abuse

the thing is their Balance sheet is too weak and not so easy to move forward and growth. the loan ratio is too high and the operational cash flow coming from LSS2 Sik, Smart WTE are not sufficient to generate significant cash flow to fund any other future project. even with the COD of the current LSS2 + LSS3 in real soon, the operation cash flow will not be superb. Moving foward, cypark is hard to take up any large RE project (be it assets owner/EPCC), instead it can only continue to earn the low income from those project where he is assets owner, also O&M.

Posted by Karlos > 2024-05-15 11:30 | Report Abuse

High gearing is a common feature of asset owning company like Cypark. It is ok as the the cash flows are guaranteed via PPA ( Power Purchase Agreements ) with the off takers.
A power plant project with PPA can have gearing of 80/20 as the sale from the plant output is guaranteed during the entire duration of PPA. Moreover the power plant project would only proceed if it will provide sufficient returns for both the lenders and owner.

Posted by oks911 > 2024-05-15 22:11 | Report Abuse

By 2024, US tariffs on chinese solar cells, whether or not assembled into modules, will increase from 25% to 50%. China controls over 80% to 90% of certain segments of the global solar supply chain and provides solar components and panels at low prices, affecting investments in solar manufacturing outside China. As a mature solar manufacturing base, Malaysia may benefit as manufacturers seek supply chain alternatives to China.

Posted by AhHuat01 > 2024-05-17 00:43 | Report Abuse

The balance sheet shows contract assets and receivables totaling 0.87 billion (777+101). The total debt stands at 1.4 billion (170+1301)

The bulk of the contract asset is tied to the Renewable Energy project. Currently, there’s only one LSS project remaining, which is nearing completion. It’s now the responsibility of the new management to collect the money from its client. The hope is to recover at least 70% of the 0.87 billion, which equates to about 600 million. This amount can be used to repay the loan, potentially reducing the total debt to approximately 0.8 billion in near future. This could result in a gross gearing ratio of around 0.47.

In the short term, the goal is to secure as many EPCC projects as possible to boost cash flow. Later, the focus can shift back to solar farm projects. Funding shouldn’t be a major concern as Cypark has Jakel’s support. Additionally, new projects can leverage a joint venture business model for bidding and building future solar farms.

I didn’t take into account the future earnings when the current LSS farm (potential brownfield expansion) and WTE reach the maximum capacity. This will undoubtedly enhance the overall net profit. In conclusion, provided that the new management team is committed and diligent, I’m fairly confident that Cypark will evolve into a more successful company

Definition (according to AR2023):
A contract asset is recognised in respect of the right to consideration for work performed which has not been billed at the reporting date. Contract assets are reclassified to trade receivables at the point at which it is billed to the customers and none of the amounts are past due at the reporting date.

Posted by 凯翔 赖 > 2024-05-21 16:29 | Report Abuse

一直在重复跌半仙，平盘，涨半仙，平盘，跌半仙，平盘，涨半仙，平盘，闲。

Posted by oks911 > 2024-05-25 14:13 | Report Abuse

跌是正常。。 jakel 兄弟再加码了。。 希望有好消息

Posted by investor13 > 2024-05-25 14:19 | Report Abuse

see you at 0.81

Posted by paktua73 > 2024-06-03 14:42 |

Post removed.Why?

Posted by DreamGuardian > 2024-06-03 15:04 | Report Abuse

https://www.nst.com.my/business/corporate/2024/06/1058316/jakel-committed-invest-rm1bil-year-and-more-2025-expand

well, was just kind of contemplating for a bit, if there might be some possible positive impact on cypark

Posted by DreamGuardian > 2024-06-03 15:31 | Report Abuse

anyway, on kind of a more general note😉

https://www.thestar.com.my/business/business-news/2024/06/03/asia-shares-rally-on-hopes-for-more-rate-cuts-this-week

Posted by Michael Kwok > 2024-06-04 12:37 |

Post removed.Why?

Posted by KYYPUSSYGEL > 2024-06-04 17:32 | Report Abuse

1.20???? hahahahahahahahaha you must be zzzzzz... sell all to this mamak

Posted by oks911 > 2024-06-04 18:40 | Report Abuse

sabar dik.... tunggu arab mou day la .. hehe..

Posted by DreamGuardian > 2024-06-04 20:55 | Report Abuse

not that unlikely, I reckon🧐

becos cypark is majority owned by jakel, whom as I understand it is basically the major funder and land provider for that proposed new jv datacentre project

Posted by 凯翔 赖 > 2024-06-05 21:07 | Report Abuse

大股东越买多，股价就越跌多？好奇葩

Posted by confidential > 2024-06-05 22:23 | Report Abuse

CEO resigned, maybe his other related account selling. Wait for it...the pressure of selling absorbs to fuel Jakel rocket 🚀

Posted by 凯翔 赖 > 2024-06-06 18:43 | Report Abuse

股价跌跌不休

Posted by DreamGuardian > 2024-06-07 13:29 | Report Abuse

gradual slow steady progression

just the way I love💕 it, man

Posted by newbie9893 > 2024-06-07 15:08 | Report Abuse

watch out Cypark, might spike up very soon

Posted by MattSon > 2024-06-10 16:21 | Report Abuse

up & down, back above 1.00 in no time

Posted by oks911 > 2024-06-10 18:58 | Report Abuse

Tomorrow gap up then turun?? History repeat again

Posted by 凯翔 赖 > 2024-06-10 22:28 | Report Abuse

登州混合太阳能项目 Cypark全面商业营运 https://www.enanyang.my/财经新闻/登州混合太阳能项目-cypark全面商业营运 (Share from StockHunter)

Posted by Whiteevoque > 2024-06-10 22:35 | Report Abuse

Ready for wave 5 with COD of their solar farm. Target 1.20-1.70

Posted by TheEagles > 2024-06-11 09:05 | Report Abuse

Kuat pancit itu Cypark.. Buang masa..

Posted by 凯翔 赖 > 2024-06-11 19:53 | Report Abuse

消息出炉后，股价反而下跌。

Posted by 凯翔 赖 > 2024-06-12 17:48 | Report Abuse

打回原形了，屁股，😄😄😄

Posted by thisistheway > 2024-06-13 09:19 | Report Abuse

this week or next week will rebound....let market cool down first...

Posted by MattSon > 2024-06-18 16:32 | Report Abuse

no problem at all, keep hold

Posted by 凯翔 赖 > 2024-06-19 16:24 | Report Abuse

Con stock

Posted by 凯翔 赖 > 2024-06-20 09:57 | Report Abuse

每天早上圈套的门必定打开引人入局

Posted by 凯翔 赖 > 2024-06-20 15:48 | Report Abuse

诈骗股来的，大股东越买多它就跌得更加多，千万别上当。

Posted by oks911 > 2024-06-21 15:46 | Report Abuse

可能ex CEO 在卖。。。

Posted by noirluck > 2024-06-24 14:57 | Report Abuse

Another RE rumors that KAB is diving into solar power, floating solar, battery storage, waste heat recovery, and waste-to-energy projects, and another big expansion in Kedah! Definitely worth checking them out..

Posted by 凯翔 赖 > 2024-06-24 21:46 | Report Abuse

每天都在重复由涨转跌，股价越来越底。

Posted by 凯翔 赖 > 2024-06-25 10:03 | Report Abuse

依然是跌跌不休，完全没有反弹的机会，超级烂股。

Posted by Nepo > 2024-06-29 13:21 | Report Abuse

Omg gg.com

Posted by AhHuat01 > 2024-06-29 16:19 | Report Abuse

The SMART WTE COD and started its sales to TNB on 14 December 2022.

As of the end of April 2024, the WTE plant has been commissioning for nearly a year and a half..... 1.5 years liao hellooooo.....how can they continue to incur losses??? what are the people doing? rugi 61million... really speechless...

Posted by AhHuat01 > 2024-06-29 16:19 | Report Abuse

somemore got fire incident ... =.=

Posted by raymondroy > 2024-06-30 13:29 | Report Abuse

Disappointing qtr results..... 4th qtr 2024 resulted in loss after tax of RM58m
full financial year loss of RM84m, cashflow is also negative at -RM37m from operating activities
the RM57m loss mainly comes from RM46 million derecognition of the deferred tax assets the loss is attributed to the reduced electricity sale by the Waste Management & Waste-To-Energy division, following a temporary
unscheduled downtime for necessary rectification efforts...

Posted by TheEagles > 2024-07-10 10:36 | Report Abuse

The biggest solar plant will make price above RM1 hopefully..

Posted by Karlos > 2024-07-10 11:01 | Report Abuse

The demand for green or renewable energy by data centres would likely exceed what currently available. Cypark was early in developing and owning solar farms and therefore obtained higher profit margins compared to the new solar projects.

Posted by Welsonnotwell > 2024-07-22 16:09 | Report Abuse

Cypark making a return soon

Posted by confidential > 2024-07-31 12:08 | Report Abuse

August new themes...will it be LSS5 and renewable energy? Both benefits here...hehe

Posted by mf > 2024-08-04 20:54 | Report Abuse

8m ago (12:45 GMT)
Italy’s top diplomat asks Italian tourists to leave Lebanon
Foreign Minister Antonio Tajani has asked Italian tourists not to go to Lebanon and for those already in the country to leave on commercial flights “as soon as possible”.

In a post on X, he said the advisory was issued due to “the worsening situation” in a region that is bracing itself for a response to Israeli assassinations in Tehran and Beirut.

Posted by Fuzzywuzzy > 2024-08-05 18:00 | Report Abuse

stay strong cypark

Posted by AhHuat01 > 2024-08-07 17:00 | Report Abuse

top up at 70cent today. pls bring me fly

Posted by oks911 > 2024-08-08 23:37 | Report Abuse

hello Cypark... apa khabar?

Posted by questionmark > 2024-08-09 23:04 | Report Abuse

deputy ceo resign, company in trouble?