Why did solar industry die the moment no more FIT was announced?
Why is no one taking up the net energy metering on the industrial side?
If "green" energy is sustainable, why did FIT in Thailand and many other countries fall apart? Why did Sarawak not participate in feed in tariff?
Why does SolarCity and many solar companies keep going bankrupt?
Why did the biomass industry in Sabah and Sarawak for the moment people realized there was value in fruit bunches?
And the main one, is cypark business sustainable if the government stopped supporting the seda programs today? Will it make financial sense to general industry?
Very quick reminder, cost of electricity from solar compared to coal is double.
And solar fits the same profile as coal in terms of electricity generation, ie baseload.
==== Posted by (S = Qr) Philip > Feb 17, 2019 07:06 AM | Report Abuse
A few simple questions to ponder,
Why did solar industry die the moment no more FIT was announced?
Why is no one taking up the net energy metering on the industrial side?
If "green" energy is sustainable, why did FIT in Thailand and many other countries fall apart? Why did Sarawak not participate in feed in tariff?
Why does SolarCity and many solar companies keep going bankrupt?
Why did the biomass industry in Sabah and Sarawak for the moment people realized there was value in fruit bunches?
And the main one, is cypark business sustainable if the government stopped supporting the seda programs today? Will it make financial sense to general industry?
Day 29 of Fundamental Daily, YAPSS will be covering Cypark Resources Berhad's fundamental via a short animated video. I hope it helps and please enjoy the video, see ya! #FundamentalDaily #CyparkResourcesBerhad
The Board of Directors of Cypark Resources Berhad ("the Company" or "CRB") wishes to announce that the Company had on 12 April 2018 received a Letter of Acceptance of Tender dated 8 April 2019 from Pasir Gudang Specialist Hospital Sdn. Bhd. (a member of KPJ Healthcare Berhad Group) ("KPJ Pasir Gudang") for the Upgrading Works of Mechanical System (Chiller System), Electrical (Genset) and Medical Gas to be rendered at the specific location of Lot Ptd 198635, Jalan Persiaran Dahlia 2, Taman Bukit Dahlia, 81700 Pasir Gudang, Johor Darul Takzim for KPJ Pasir Gudang ("the Works"). The total contract value is RM4,714,014.00 (Ringgit Malaysia: Four Million Seven Hundred Fourteen Thousand Fourteen only).
The Works have been divided into two Sections. For Section One, it is expected to be completed on 22 January 2020, which is 9 months from the date of site possession on 22 April 2019. Meanwhile, for Section Two, it is expected to be completed on 22 October 2019, which is 6 months from the date of site possession on 22 April 2019.
The Works will be carried out by CRB's Construction & Engineering Division.
The Directors of CRB are of the opinion that the Works are in the best interest of CRB and the Works are expected to contribute positively to the earnings and net assets of CRB.
None of the Directors or Major Shareholders of CRB and persons connected with them has any interest, direct or indirect, in the Works.
This company have been making accounting profits but unfortunately the cash flow from operations has been increasingly more negative. The cash flow from investment too is negative as the company continue to invest in new projects. This may remind us of Hyflux in Singapore which showing similar characteristics both in business model and cash flows. What more with its majority shareholder and chairman was disposing large personal stake very recently. May be he knows something coming?
30-Apr-2019 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 140,000 shares on 25-Apr-2019. 30-Apr-2019 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 70,000 shares on 25-Apr-2019. 29-Apr-2019 Entitlement CYPARK RESOURCES BHD declared Final Dividend - RM 0.039, the Ex Date on 30-May-2019. 29-Apr-2019 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 100,000 shares on 24-Apr-2019. 29-Apr-2019 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 50,000 shares on 24-Apr-2019. 25-Apr-2019 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 60,000 shares on 22-Apr-2019.
On paper this company shows continuous steady growth in both revenue & net profit. But behind lies a closet of skeleton just waiting for burst out. Debt, liquidity, cash flow are deteriorating fast and share keep diluted like water thru PP. Thumb up to their accountant.
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....
tswear
36 posts
Posted by tswear > 2018-12-31 20:57 | Report Abuse
开玩笑, 20 billion profit? haha, can unseat public bank & maybank liao
i3investor admin copy/paste bursa summary blindly lah, QR result is 20 million