CYPARK RESOURCES BERHAD

KLSE (MYR): CYPARK (5184)

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Last Price

0.665

Today's Change

-0.01 (1.48%)

Day's Change

0.655 - 0.67

Trading Volume

3,274,500


13 people like this.

7,121 comment(s). Last comment by Kawasaki668 4 days ago

LuckyG

1,698 posts

Posted by LuckyG > 2016-09-27 16:31 | Report Abuse

controller pressing and eating

Posted by smartInvestor1 > 2016-09-30 10:35 | Report Abuse

result must be no good. RUN first ! !

Rica7894

165 posts

Posted by Rica7894 > 2016-10-03 16:54 | Report Abuse

--------Look beyond 2018, an exciting year.--------


-The decline in 3Q16 and 4Q16 earnings should not be a concern as it could simply be a result of seasonality.

-In 3Q16, the Board of Directors is of the opinion that the business and performance of the Group is expected to be robust and strong for the current and coming years.
-------------------------------------------------------------------------------------------------------

Potential of robust earnings growth in FY18, driven by the full scope of RE revenue from its Ladang Tanah Merah (LTM) project.

-To recap, SMART WTE project in Ladang Tanah Merah, Negri Sembilan ( a 25-year concessionaire period project), has completed phase 1 of its sanitary landfill development, and currently contributes income in the form of tipping fees of the landfill.

-Currently, the renewable energy sector generates RM40 million revenue for the company. (3Q16, Rm35.6million).

-SMART WTE project will have a total generation of RM100 million a year upon completion.

-By the end of 2017, Cypark expects to generate annual revenue of up to RM140 million to RM 150 million from its renewable energy sector (RE), supplemented by its SMART waste-to-energy (WTE) project and other contracts.

-Cypark has set a target for the sector (RE) to contribute more than 60% to its revenue by the end of 2017.

-For its dividend policy, possibly seeing an increased payout of 30% to 40%, from the current 25% due to the stronger cash flow from projects.

-In the longer term, Cypark’s earnings will benefit from its participation in more WTE projects in Malaysia. Cypark has an advantage in future waste-to-energy (WTE ) project bids as it is the only WTE concession owner in Malaysia. It is building a WTE plant in Negeri Sembilan, which is expected to be completed in late 2017.

Davidl

1,816 posts

Posted by Davidl > 2016-10-04 02:26 | Report Abuse

No dividend giving!

Jacky Yip

94 posts

Posted by Jacky Yip > 2016-10-05 23:24 | Report Abuse

i bought @ rm1.80, still hold

farinsight

128 posts

Posted by farinsight > 2016-10-18 08:01 | Report Abuse

(吉隆坡1日讯)CYPARK资源(CYPARK,5184,主板贸服组)次季净利按年扬5%,首半年净利按年增10.4%至2千550万令吉,联昌研究预测下半年交出更强劲盈利,主要由非再生能源业务的一马房屋计划驱动。

废弃物转能源长远潜能待释放

联昌说,CYPARK已受委一马房屋计划主要承包商,承建562单位公寓和店屋。

“我们预期建筑工程未来几季开展,预期可刺激10月截止之2016财政年盈利。”

该公司“废弃物转能源”(WTE)长远潜能亦待释放,WTE营运中心在森州建设,预期2018年开始营运。

联昌相信市场不了解WTE计划可释放之潜能和盈利前景,上述营运中心可作为未来竞标WTE计划的优势,目标价维持2令吉30仙,仍有上涨18%的潜能。

Anybody knows what happen to this 1Prima project of 562 units shops and apartment?
No development?

Thank you

farinsight

128 posts

Posted by farinsight > 2016-10-19 12:11 | Report Abuse

Cypark seems coming, may be related to budget 2017 for more WTE and solar power RE project

?

farinsight

128 posts

Posted by farinsight > 2016-10-27 10:01 | Report Abuse

http://klse.i3investor.com/blogs/PublicInvest/107360.jsp


Cypark Resouorces Berhad - Waste-To-Energy (WTE) Project On Track
Author: PublicInvest | Publish date: Thu, 27 Oct 2016, 09:35 AM

We visited Cypark?s integrated waste management facility at Ladang Tanah Merah (LTM), Negeri Sembilan, along with some analysts and fund managers, to gain better insight into the waste management operation and updates on the progress of the waste-to-energy (WTE) project. There is a potential for robust earnings growth in FY18, driven by the full scope of renewable energy (RE) revenue from this project. We maintained our Outperform call on Cypark with an unchanged SOTP-target price of RM2.56.

Posted by smartInvestor1 > 2016-10-28 12:43 | Report Abuse

突破卖压 gogogo

LuckyG

1,698 posts

Posted by LuckyG > 2016-10-28 13:32 | Report Abuse

sold all my cypark . good counter thanks alot for sharing information here . good luck .

Fox New

20 posts

Posted by Fox New > 2016-10-29 15:11 | Report Abuse

Funds starts collecting....

Posted by Tan Toh Fei > 2016-12-16 01:26 | Report Abuse

cypark is coming down, kiv, dun collect first....

Posted by smartrader2020 > 2016-12-21 16:33 | Report Abuse

Recently, private companies had secured solar projects from energy commission.

Today, big boys of public listed companies - Tenaga, Mudajya and Malakoff have also officially secured the projects from the Government.

So, whats next? It seems that the award of solar project turn out to be in sequence. Just like MRT project. Gamuda secured the first for tunneling job, followed by viaduct and so on...

It will be small cap to- mid cap companies' turn to secure the projects in real soon.

PUC, Vsolar and Cypark will be among the beneficiaries. Get ready for it!

Posted by shareinvestor88 > 2017-01-01 23:09 | Report Abuse

ILB IL solar secured LSSPV 10MW recently

Posted by richduck > 2017-02-08 11:07 | Report Abuse

why this counter drops so much today?

Investeye

2,347 posts

Posted by Investeye > 2017-02-15 07:26 | Report Abuse

Good to look into this counter is present rally is still continue after consolidate.. especially next year should perform even better..

necro

4,726 posts

Posted by necro > 2017-02-25 23:27 | Report Abuse

JUDGING by the number of power plant and renewable energy (RE) projects that have been awarded in the last six months, it could be only a matter of time before the country is saddled with too much power-generation capacity.

Making matters worse is the slew of independent power producer (IPP) licences that have been given out on a non-competitive or direct-negotiation basis, prompting many unsolicited bids.

According to an industry official, power demand growth has been flat, while new power plants are being approved.

“Based on previous trends, electricity demand grows after the Chinese New Year period, but it was not the case this time. The fear is that there is too much supply coming onstream without being accompanied by demand,” the official says.

According to Tenaga Nasional Bhd (TNB), electricity demand growth was at 4% in the financial period ended Aug 31, 2016. Last April, electricity usage in Peninsular Malaysia hit an all-time high of 17,788MW due to higher consumer demand arising from the heatwave.

It did not provide a projection for the current year, but said that demand is expected to increase in tandem with the country’s economic growth of between 4% and 5%.

More than 8,000MW power capacity is in the process of planting up. TNB completed and commissioned the 1,000MW coal-fired power plant (Manjung 4) in April 2015 and the 1,071MW gas-fired project in Prai in February 2016. There is some 6,000MW of power capacity underway.

On top of that, there are also new large solar farms to be commissioned in the near term.

To be fair, Malaysia’s power sector had not seen any increase in installed capacity for about six years until recently. Additionally, some power plants no longer export power to the grid, following the expiry of the first-generation power purchase agreements (PPAs).

Single buyer rules

The single buyer department was established in September 2012 and authorised by the Energy Commission to be responsible for the management of electricity procurement and related services.

The department, a ring-fenced arm operating independently within TNB that determines how much each power plant will generate on a day-to-day basis, is headed by Charanjit Singh Gill.

Prior to the establishment of the department, the energy procurement functions were embedded in TNB.

One of the department’s main responsibilities is to procure electricity from IPPs and TNB to meet demand at the least cost.

To the delight of industry observers, some plans are already in place to strengthen the energy sector.

The new enhanced dispatch arrangement (Neda) was introduced in October 2015 and is managed by the department. It is designed to enhance cost efficiency of the single buyer market through short daily competition. Neda opens the door for IPPs to supply power to the grid without a PPA.

Already, there have been some positive developments in Malaysia’s power sector.

A notable change is the introduction of an international competitive bidding process for the construction of a new gas-fired power plant of 1,000MW to 1,400MW capacity in Prai, as well as the calling for a competitive restricted bidding exercise among the first-generation IPPs and TNB’s ageing plants.

This, however, did not last long, as the Government has been awarding power plants without calling for a tender in recent times. Industry observers stress that competitive bidding is necessary to ensure transparency and efficiency in procuring future power-generation capacity.

Planting up

So far, all the utility-scale solar power plants awarded have been done via direct negotiations, a precedent set by the award of the past few power plants.

In contrast, the Sustainable Energy Development Authority (Seda) conducts e-balloting for solar or other RE sources for households and small-scale installations for the feed-in-tariff quotas.

Seda has been cut off from the process of awarding these contracts, although the statutory body is empowered to promote the deployment of sustainable energy measures as part of the solutions towards achieving energy security.

Last November, TNB signed three PPAs with a consortium of three companies – ItraMAS Technology Sdn Bhd, Maltech Pro and Cam-Lite Sdn Bhd – for the supply of 150MW of solar power.

The solar panels that will be built by this consortium will be located in Jasin, Malacca; Gurun, Kedah; and Merchang, Terengganu.

The PPAs were signed between TNB and Quantum Solar Park (Malacca) Sdn Bhd, Quantum Solar Park (Kedah) Sdn Bhd and Quantum Solar Park (Terengganu) Sdn Bhd.

The Energy, Green Technology and Water Ministry had at the beginning of last year said it wanted to develop more large solar power plants this year.

This award comes after a request for proposal for a 250MW power plant was issued earlier this year, and it is expected that the capacity of the plants will come on stream from 2018.

In April 2014, 1Malaysia Development Bhd (1MDB) announced that it had signed a 25-year PPA with TNB to buy power

farinsight

128 posts

Posted by farinsight > 2017-03-09 09:57 | Report Abuse

coming and fly fly fly ....

Posted by Frederick Foo > 2017-03-09 10:10 | Report Abuse

MACD crossing, 3rd wave is coming, TP 2.50

lloydlim

3,967 posts

Posted by lloydlim > 2017-03-13 13:35 | Report Abuse

Time to accumulate!

Contender

523 posts

Posted by Contender > 2017-03-13 14:07 | Report Abuse

Sun shining brightly on Cypark solar business ....

Posted by Frederick Foo > 2017-03-15 13:02 | Report Abuse

what happen to cypark?

lloydlim

3,967 posts

Posted by lloydlim > 2017-03-15 16:17 | Report Abuse

Funds switching each other.

farinsight

128 posts

Posted by farinsight > 2017-03-28 21:20 | Report Abuse

[9:08 PM, 3/28/2017] +60 12-689 1555: Cypark clinches three solid waste management contracts worth RM28.5milwww.klsescreener.com
[9:08 PM, 3/28/2017] +60 12-689 1555: Cypark clinches three solid waste management contracts worth RM28.5mil | http://www.klsescreener.com/v2/news/view/212769

lloydlim

3,967 posts

Posted by lloydlim > 2017-03-30 19:32 | Report Abuse

Q result out but nothing surprise so far.

lloydlim

3,967 posts

Posted by lloydlim > 2017-04-05 12:52 | Report Abuse

Moving uptrend now!

Investeye

2,347 posts

Posted by Investeye > 2017-04-05 15:05 | Report Abuse

Good to see the price up...

Investeye

2,347 posts

Posted by Investeye > 2017-04-05 19:52 | Report Abuse

CIMB Equities Research is retaining its Add for Cypark Resources (TP RM2.40) as it expects the earnings per share (EPS) to grow by 50% in FY18, driven by the contribution from the waste-to-energy (WTE) plant in Tanah Merah, Negeri Sembilan
Read more at http://www.thestar.com.my/business/business-news/2017/03/31/cimb-research-retains-add-for-cypark/#lLFlG6hE0KAcXkT3.99

Investeye

2,347 posts

Posted by Investeye > 2017-04-07 10:55 | Report Abuse

Time to dispose ..

super888

517 posts

Posted by super888 > 2017-04-07 13:05 | Report Abuse

P Bank TP 2.64 .

lloydlim

3,967 posts

Posted by lloydlim > 2017-04-09 20:32 | Report Abuse

Let's c!

Posted by Chew Hon Keong > 2017-04-09 22:43 | Report Abuse

Look at the latest post by koko sifu then u will realise this golden pearl

Posted by Safwan Johari > 2017-04-11 22:13 | Report Abuse

2.40 reached ;)

buaya78

26 posts

Posted by buaya78 > 2017-04-20 23:45 | Report Abuse

I think most of the ppl who hope high on Cypark are not doing homework on these company. They only see the outlook, contract awarded and biggest RE Solar Power Plant in Malaysia. Do you guys do site visit to Cypark RE plant. Is a fact that RE Solar Plant is a profitable investment. It almost ROI 12% till 22% depend on how big and the FIT rate. Once the PPA is sign.. the company is secure for 21 year for the FIT rate (RM/kWh). Most of their RE plant fail. Their biggest RE plant in Pajam Nilai (13mw) are having so many problem....many solar unit down due to no maintenance, inverters down, monitoring system down, solar cable problem, lightning strike, no cleaning on solar panel, Monitoring CCTV down ( cable stolen) as their biogas also fail.

For example : 5 mw (5000kw) (Capacity) x 4 hour (PV Yield Energy Per Day) x RM1.44 (FIT 2010) x 365 days = RM10,512,000.00 per year selling electricity

Project Cost : USD11.5m ( estimate 2010 usd rate 3.2) Around RM36,800,000

Maintenance cost : 2% yearly of project cost

If so many solar down, do you think still can generate that much of electricity as revenue and their operating cost are increase every year. These problem same goes to Kuala Sawah Plant ( Sub-station problem), Bukit Palong ( Solar System Down), Pontian-Johor ( Sea water go into control room), K.Perlis ( Cabling Problem). All 100% biogas generator fail.

These is my personal view...hope is useful for ppl who like Cypark. Good Luck

Posted by Lee Wehc Taik > 2017-04-27 16:59 | Report Abuse

buaya78, thx for the info, are u the workers there? Will u mind to share us the coordinate of Kuala Sawah Plant and ladang tanah merah plant? I wish to visit but don't know the exact location

gogogogo

964 posts

Posted by gogogogo > 2017-05-02 11:38 | Report Abuse

quarterly result today?

小鱼

59 posts

Posted by 小鱼 > 2017-05-02 13:05 | Report Abuse

end of june ba...

gogogogo

964 posts

Posted by gogogogo > 2017-05-02 14:00 | Report Abuse

oh ya..my mistake..price suddenly shot up

gogogogo

964 posts

Posted by gogogogo > 2017-05-04 17:50 | Report Abuse

gogogo

farinsight

128 posts

Posted by farinsight > 2017-05-04 21:32 | Report Abuse

ha ha any brewing news?

skyjet

537 posts

Posted by skyjet > 2017-05-09 07:36 |

Post removed.Why?

farinsight

128 posts

Posted by farinsight > 2017-05-12 15:13 | Report Abuse

fly fly fly

gogogogo

964 posts

Posted by gogogogo > 2017-05-12 18:19 | Report Abuse

gogogo quiet quiet goes up

Posted by shareinvestor88 > 2017-05-13 09:27 | Report Abuse

1. Look at the balance sheet.
- only mention NA not NTA
- INTANGIBLE ASSET 577m
- if take away intangible asset , NTA is ?
2. Trade receivable 209m

Henry Chan

639 posts

Posted by Henry Chan > 2017-05-15 13:14 | Report Abuse

why drop so much

gogogogo

964 posts

Posted by gogogogo > 2017-05-16 06:44 | Report Abuse

pullback is normal

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