Posted by YHChan > 2015-07-01 09:21 | Report Abuse

moving already...better buy before too late...

Posted by LuckyG > 2015-07-01 11:52 | Report Abuse

still cheap if you compare to the target price . just started to move .

Posted by L. C. Chong > 2015-07-01 22:59 | Report Abuse

CYPARK Analysis - https://lcchong.wordpress.com/2015/07/01/cypark-fundamental-analysis-1-jul-2015/

Posted by Unbeatable Nick > 2015-07-24 15:12 | Report Abuse

forming the handle, should up very soon

Posted by cherry88 > 2015-07-29 16:41 | Report Abuse

CYPARK should back in favour as "the boss" hold back power.

Posted by JayC > 2015-08-26 16:09 | Report Abuse

ridiculously low price

Posted by JayC > 2015-09-08 12:12 | Report Abuse

when is cypark moving up?

Posted by redpeople > 2015-09-17 11:42 | Report Abuse

hehehe.. collecting.. go go go

Posted by redpeople > 2015-09-17 15:03 | Report Abuse

big fund came in.. nice :)

Posted by Superman > 2015-09-17 15:37 | Report Abuse

probably government fund is buying the share~~possibly awarding Cypark with some new government projects~~~lets wait and see~~

Posted by birkincollector > 2015-09-18 10:26 | Report Abuse

good chart, 1,80 hopefully by today

Posted by LuckyG > 2015-09-18 12:59 | Report Abuse

1.80... 1.76 i happy enough for today. next week should be big announcement and big jump

Posted by redpeople > 2015-09-21 10:47 | Report Abuse

bought 170 again.. follow shark

Posted by LuckyG > 2015-09-21 15:18 | Report Abuse

hopefully this week can touch 1.90

Posted by caven > 2015-09-30 22:37 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4880641

Good result !
6.09sen for 3rd quarter, assuming that 6sen for the 4th quarter, total eps will be 23sen !

1.70 still too cheap for 23 sen EPS ! collect and it will fly

Posted by Fox New > 2015-09-30 23:47 | Report Abuse

Good? No surprise at all. Let's see how share price response tomorrow

Posted by LuckyG > 2015-10-23 16:36 | Report Abuse

moving soon

Posted by SuperMan 99 > 2015-10-28 23:27 | Report Abuse

Anyone knows what is Intangible Assets as recorded in Cypark accounts?

I can't find any details about this & it has churned up to RM335M in the latest QR, about 39% of total assets (RM853M).

Posted by LuckyG > 2015-10-28 23:35 | Report Abuse

good question superman !

Posted by SuperMan 99 > 2015-10-29 00:03 | Report Abuse

Sorry, I overlooked, it is actually stated in the Notes 2.7.B: Intangible assets recognised pursuant to IC Interpretation 12.

Also see here:

Included in the revenue of environmental engineering segment is an amount of RM135,640,117 (2013: RM84,689,433) which represents the construction revenue recognised pursuant to IC Interpretation 12 (“IC 12”) - Service Concession Arrangements from construction of a public service infrastructure. Revenue is recognised in accordance with MFRS 111 and based on the percentage of completion method during the construction phase.

Also here:

Included in the cost of sales of environmental engineering segment is an amount RM99,460,503 (2012: RM65,422,723) which represents construction costs recognised pursuant to IC Interpretation 12 - Service Concession Arrangements from the construction of a public service infrastructure.

Posted by SuperMan 99 > 2015-10-29 00:05 | Report Abuse

The accounting entries should be like this:

Dr Intangible Assets
Cr Revenue

Dr Cost of Revenue
Cr Bank (Payment of expenses)


Please correct me if I am wrong.

Posted by SuperMan 99 > 2015-10-29 00:31 | Report Abuse

That mean, if without the TLM project, the actual external revenue for Environment Engineering would be as follows:

2014:
Total External = RM151M - RM135M = RM16M

2013:
Total External = RM183M - RM85M = RM98M

Posted by SuperMan 99 > 2015-10-29 00:35 | Report Abuse

2012:
Total External = RM171M - RM0M = RM171M

The external revenue from Environment Engineering Segment were infact decreasing over the past 3 years.

Posted by SuperMan 99 > 2015-10-29 00:48 | Report Abuse

Correspondingly, the intangible assets was increased in 2 years (85M+135M) with total of RM220M, this was also stated in Note No.5 of the Audited Accounts 2014.

All in all, the profits of at least RM55M (2013: 19M + 2014: 36M) are paper profits, arising from the recognisation of profits & loss from IC Interpretation 12.

That explained why the company needed so much cash (Example in 2014: 36M private placement + 26M net term loan).

Posted by zbaikitree2 > 2015-10-29 00:51 | Report Abuse

aiyoyo... buy a stock has to do so many research and thesis ka. like that i die liao lo.

everyday i have to scan 100 counters. if i read 100 counters fundamental i enter tj rambutan liao la.

Posted by SuperMan 99 > 2015-10-29 00:55 | Report Abuse

The company need to continue pay good dividend to maintain good corporate relationship with stakeholders (especially existing & future investors), even though the company is desperately needing so much cash to fund the TLM project.

The cash depleted trend will continue in FY2015 & FY2016.

The company should be able to turn around in 2017, as its CEO has estimated RM100M cash revenue from the concessionaire.

My conclusion:

This stock is long term play.

Posted by SuperMan 99 > 2015-10-29 01:00 | Report Abuse

zbaikitree2, I feel this is good stock but the price was dropped from more than RM3 to now RM1.74, it is better for me to understand more why before investing into this company.

At least I can set my reasonably expectation on this company, rather than predicted wrongly & lose money, I will cry kow kow if wallet bocor big big.

Posted by zbaikitree2 > 2015-10-29 01:04 | Report Abuse

superman. the chart since listing doesn't look good. its non investable if u talk about longterm. don't waste your money and time in this type of funny co.

1.70 can get u many options. u chinchai buy UEMS also better hope than this shit co.

Posted by zbaikitree2 > 2015-10-29 01:05 | Report Abuse

should be turn around 2017? aiyoyo, your baby also come out and can walk already.

then 2017 they tell u need another 2 yrs. your baby go kindergarden liao.

Posted by SuperMan 99 > 2015-10-29 01:18 | Report Abuse

zbaikitree2, thank you so much for your advice. What you said may happen, since the project was started "talking" in 2011.

As I said, it will not turn around in 2015 & 2016, so no hurry to get on board.

Let's see if they can deliver what they have projected in 2017.

Posted by SuperMan 99 > 2015-10-29 01:24 | Report Abuse

I have no idea why the company do not want to get loan or issue bond using the concessionaire contract like what Renong & Litrak did for PLUS & LDP highway.

Posted by LuckyG > 2015-10-29 07:51 | Report Abuse

i only know one fact . everytimes counter that issue big amount of private issue rather then right issue . will up alot . normally 150% from the isssue price. bosses knew the drum card they hold so they want all the profit as much as possible rather then sharing with public

Posted by LuckyG > 2015-10-29 08:21 | Report Abuse

normally when you see alot of private issue in a company or alot alot of ESOS or convertible bond etc meaning bosses increase their shares. normally share price will be up within 3 months . they invest with bank money so they have to serve the interest ....... and we buy with cash

Posted by AyamTua > 2015-10-29 08:31 | Report Abuse

((( PUC)))

Posted by SuperMan 99 > 2015-10-29 12:48 | Report Abuse

If remove the paper profits for 2013 & 2014, the actual profits are in fact down trending.

The share price was moving in tandem with its actual performance. It could be too optimistic in the earlier stage. The miss match of expectation create disappointment.

Investors of this company must be very patient like in real business world, investment goes first, production later. Spent money first, then generate income later.

Posted by LuckyG > 2015-11-02 15:48 | Report Abuse

go go go cypark this week target RM2.00

Posted by bluegem > 2015-11-02 16:15 | Report Abuse

tabung haji is buying

Posted by LuckyG > 2015-11-02 22:51 | Report Abuse

nice nice tomorrow continue pls cypark gogogo

Posted by POORAYAM > 2015-11-02 22:53 | Report Abuse

May be

Posted by AyamTua > 2015-11-02 22:55 | Report Abuse

baby cypark: PUC..

miauuuu!!!

Posted by theavengers > 2015-11-02 22:57 | Report Abuse

Bro ayam ....cypark can ?

Posted by AyamTua > 2015-11-02 23:00 | Report Abuse

can ...

Posted by theavengers > 2015-11-02 23:02 | Report Abuse

But too huge....I like ur puc..any target?

Posted by caven > 2015-11-02 23:36 | Report Abuse

EPS = 21 cents,
If PE = 10; Price = 2.10
therefore it will be fly above 2.00 easily !

Posted by LuckyG > 2015-11-17 14:45 | Report Abuse

no more seller time to go 1.90++

Posted by cherry88 > 2015-11-21 11:22 | Report Abuse

http://www.theedgemarkets.com/en/node/243452

Posted by bluegem > 2015-11-22 06:04 | Report Abuse

thanks for sharing cherry88 appreciated,good news

Posted by caven > 2015-11-22 11:55 | Report Abuse

[CYPARK secured a 25-year solid waste management concession from the Malaysian government]

CST, it said, shall be entitled to an agreed fee as defined in the concession agreement. The quantum of the fee, however, was not specified.

“CST shall also be generating revenue from sales of electricity for converting the waste to clean renewable energy.

Once the agreed fee announced, hopefully it will be another spike :)

Posted by LuckyG > 2015-11-22 12:18 | Report Abuse

even those price is not confirmed yet but i 100% believe cypark will get the best price in the market .cypark is a bumi majority stock !!

Posted by LuckyG > 2015-11-22 13:36 | Report Abuse

started receiving waste last monday ! meaning income already in ! but wat price ? lol