CYPARK RESOURCES BERHAD

KLSE (MYR): CYPARK (5184)

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Last Price

0.83

Today's Change

-0.015 (1.78%)

Day's Change

0.83 - 0.855

Trading Volume

6,749,900


13 people like this.

7,149 comment(s). Last comment by oks911 1 week ago

Posted by (US/CHN trade war doesn't matter) Philip > 2019-06-20 19:25 | Report Abuse

I like cypark a lot. It's a very well managed company with a good reputation. The only problem for me was the future of large scale solar systems, which doesn't seem to work without government subsidy. But it's waste management and other energy generation business.

Icon8888

18,659 posts

Posted by Icon8888 > 2019-06-20 19:40 | Report Abuse

it seemed to have that kind of growth prospects that you like

Icon8888

18,659 posts

Posted by Icon8888 > 2019-06-20 19:40 | Report Abuse

but this counter very strange

both my brokers refuse to allow me to buy with margin

Icon8888

18,659 posts

Posted by Icon8888 > 2019-06-20 19:41 | Report Abuse

do they know something I don't know ?

Posted by (US/CHN trade war doesn't matter) Philip > 2019-06-20 19:43 | Report Abuse

Is very very well run. I like it's long term prospects.

Posted by adamcutie_ > 2019-06-22 10:24 | Report Abuse

Down where got gain? All was conned.

Patrick13

1,971 posts

Posted by Patrick13 > 2019-06-22 15:03 | Report Abuse

Many ppl say Cypark is good company, but comment that they have high debts and negative cash flows.
But look carefully, they are going to change business model from EPCC to recurring income. Once WTE and LSS all completed, they will get concession assets to generate long term profits and ease their debt burdens.
Next, they are higher chance to win the bid from LSS3.

Patrick13

1,971 posts

Posted by Patrick13 > 2019-06-29 02:19 | Report Abuse

http://malaysiastock.biz/Company-Announcement.aspx?id=1153423

Very positive result.
Revenue achieved the highest quarter of 100m above.

Posted by WhereToInvest > 2019-06-29 11:24 | Report Abuse

Results not bad.

Icon8888

18,659 posts

Posted by Icon8888 > 2019-07-03 22:01 | Report Abuse

I am in

anticon

85 posts

Posted by anticon > 2019-07-04 08:45 | Report Abuse

Posted by Icon8888 > Jul 3, 2019 10:01 PM | Report Abuse

I am in


Why you are in , scumbag & conman Icon888? why why why? To tipu members here again , new topic , so new tipu and con as well. Gte lost you scumbag and conman Icon8888, hide yourself in the jamban where you belong, for even your mother you will cheat also.

Posted by (US/CHN trade war doesn't matter) Philip > 2019-07-04 08:51 | Report Abuse

This provides the clarity of income stream in the future. I it's long term chances.

But then again, like I con8888 likes to say, what is the moat in this business? Why good? Anyone with enough money and engineers can do this business. Nothing special.

So I rather keep my capital invested elsewhere.

>>>>>>>>


Patrick13 Many ppl say Cypark is good company, but comment that they have high debts and negative cash flows.
But look carefully, they are going to change business model from EPCC to recurring income. Once WTE and LSS all completed, they will get concession assets to generate long term profits and ease their debt burdens.
Next, they are higher chance to win the bid from LSS3.
22/06/2019 3:03 PM

huat_ah

5 posts

Posted by huat_ah > 2019-07-11 13:01 | Report Abuse

Later end up like London Biscuits

Posted by Lee Guan Hong > 2019-07-16 13:33 | Report Abuse

Wad happen to this stock

shpg22

2,984 posts

Posted by shpg22 > 2019-08-06 00:27 | Report Abuse

Its time for reality check. Otherwise proponent still think its a good company.

Patrick13

1,971 posts

Posted by Patrick13 > 2019-08-14 19:33 | Report Abuse

The Board of Directors of Cypark Resources Berhad ("the Company" or "CRB") wishes to announce that Cypark Smart Techonology Sdn. Bhd., a wholly-owned subsidiary of the Company had on 13 August 2019 accepted a Letter of Award dated 9 August 2019 from the Department of National Solid Waste Management (Jabatan Pengurusan Sisa Pepejal Negara), under the purview of the Ministry of Housing and Local Government (Kementerian Perumahan dan Kerajaan Tempatan) in respect of a contract for Design and Build Project of Access Road to the Integrated Sanitary Landfill Site (Projek Merekabentuk dan Membina Jalan Masuk ke Tapak Pelupusan Sanitari Bersepadu) at Ladang Tanah Merah, Negeri Sembilan ("the Works"). The total contract value is RM12,527,546.35 (Ringgit Malaysia: Twelve Million Five Hundred Twenty Seven Thousand Five Hundred Forty Six and Cents Thirty Five) only.

The stipulated completion date of the project is on 25 August 2020, which is 12 months from the date of site possession on 26 August 2019.

The Works is expected to contribute positively to the earnings and net assets of the Group for the financial years ending 31 October 2019 and 31 October 2020.

CRB does not foresee any exceptional risk other than the normal operation risk associated with the Works and will take necessary steps to mitigate the risks as and when it occurs.

None of the Directors or Major Shareholders of CRB and persons connected with them has any interest, direct or indirect, in the Works.

This announcement is dated 14 August 2019.

https://malaysiastock.biz/Company-Announcement.aspx?id=1163931

loico

151 posts

Posted by loico > 2019-08-19 17:38 | Report Abuse

why

lloydlim

3,973 posts

Posted by lloydlim > 2019-08-20 15:45 | Report Abuse

Downtrend towards 1.00

bukithot

457 posts

Posted by bukithot > 2019-08-22 06:44 | Report Abuse

Need to wait till 2020 when waste mgmt plan starts operation

Papayashot

382 posts

Posted by Papayashot > 2019-08-29 13:28 | Report Abuse

Dunno what happen to this stock.. price keep on pressing down. I doubt is big fish as there is no change in shareholder announcement. Does it mean small share holders who dump the share?

Posted by Edwardong53 > 2019-08-30 11:21 | Report Abuse

Noted that EPF has been slowly accumulating since 8 Aug

Posted by PotentialGhost > 2019-09-04 08:27 | Report Abuse

Right issue soon

klse888

46 posts

Posted by klse888 > 2019-09-16 19:49 | Report Abuse

EPC for LSS3 soon

Posted by Ong Hong Ming > 2019-09-19 22:07 | Report Abuse

Anyone here have CIMB CGS Account? Mind to share us the latest analyst report of Cypark?

hng33

20,474 posts

Posted by hng33 > 2019-09-20 16:05 | Report Abuse

bought cypark at 1.34

Rabbit

5 posts

Posted by Rabbit > 2019-09-23 09:16 |

Post removed.Why?

hng33

20,474 posts

Posted by hng33 > 2019-09-23 10:33 | Report Abuse

Cypark is key beneficial stock from government green energy policy.

rajachulan

1,740 posts

Posted by rajachulan > 2019-09-30 15:40 | Report Abuse

so quiet here...

Posted by Sebastian Sted Power > 2019-09-30 16:13 | Report Abuse

will only huru hara when the price shoot upto RM2. Hahahah!

Posted by akupolitikkk > 2019-09-30 17:54 | Report Abuse

debt is huge

Posted by Sebastian Sted Power > 2019-09-30 19:19 | Report Abuse

debt or not is secondly. Important is got business with big revenue and profits turn around. Big big player like Alibaba, google, facebook all start with huge debts as well

Posted by Sebastian Sted Power > 2019-10-01 16:49 | Report Abuse

up lo

Growth

3,967 posts

Posted by Growth > 2019-10-08 12:27 | Report Abuse

zzz

Posted by Richard Lee > 2019-10-08 16:50 | Report Abuse

drop few days liao. Time to buy

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2019-10-10 10:12 | Report Abuse

Cypark can go for Green Technology Financing Scheme (GTFS) to fund their project instead of using PP but something fishy in GTFS shown last certified project was on 2017...what happen within 2018-2019 now for the fund scheme...any clue?

Posted by akupolitikkk > 2019-10-10 17:46 | Report Abuse

Borrowing keep increasing, scary

Growth

3,967 posts

Posted by Growth > 2019-10-10 18:41 | Report Abuse

sign 3MOU
gogogo

Posted by akupolitikkk > 2019-10-10 20:24 | Report Abuse

MOU is rubbish...anytime can cancel, some more so long the term

Patrick13

1,971 posts

Posted by Patrick13 > 2019-10-11 07:56 | Report Abuse

Cypark inks three MoUs on renewable energy projects

Cypark Resources Bhd has partnered with three parties to jointly develop renewable energy projects, consisting of two solar photovoltaic and another waste-to-energy (WTE) projects.

In the first MoU, Cypark Resources is partnering with Negeri Sembilan Corporation, to jointly develop 50MW solar photovoltaic projects in Negeri Sembilan, under the Net Energy Metering Scheme, with the adoption, execution and implementation of supply agreement renewable energy (SARE).

The MoU will be effective for two years and may be extended for a further period as may be agreed by both parties.

Cypark Resources’ second MoU is with Menteri Besar Kedah Incorporated (MBI Kedah) to jointly develop a 100MW solar photovoltaic projects in Kedah. The MoU is effective for one year and may be extended for a further period as agreed.

Its third MoU is a collaboration with Petronas Chemicals Group Bhd for the development of solid waste modular advanced recovery and treatment (SMART) waste-to-energy (WTE) projects in Malaysia.

Under the MoU, both Cypark Resources and Petronas Chemicals will evaluate potential collaboration on WTE projects, including establishment of WTE plants, and exploring joint solutions for plastic pollution in Malaysia.

“The MoU comes into effect on Oct 10, 2019 and will remain effective for a period of five years,” Cypark Resources said.

The collaboration is driven by the Malaysian Government’s objective of having at least one WTE facility in each State.

“The MoU aims to establish our collaboration in WTE projects, particularly in setting up plants in Malaysia to process municipal waste for electricity generation. We are able to leverage on each other’s knowledge, experience and capabilities while identifying and exploring commercial opportunities in relation to the provision of solid waste management,” executive chairman of Cypark Resources Tan Sri Razali Ismail said in a separate statement.

Commenting on the partnership, Petronas Chemicals managing director and chief executive officer Datuk Sazali Hamzah said: “This MoU marks our second partnership in realising our aspiration to be a solutions partner in addressing plastics pollution in Malaysia. Earlier in June, we entered into a partnership to jointly perform a feasibility study to establish a facility that converts plastic waste into crude naphtha for the production of recycled virgin-quality plastics. “

Cypark had pioneered Malaysia’s first SMART WTE plant in Ladang Tanah Merah, Port Dickson, Negeri Sembilan.

Cypark Resources closed unchanged at RM1.28, for a market capitalisation of RM598.33 million. The counter saw some 314,700 shares traded.

afandi

96 posts

Posted by afandi > 2019-10-12 12:47 | Report Abuse

https://www.theedgemarkets.com/article/budget-2020-highlights

*Key takeaways*
:round_pushpin:To reduce supply overhang of condominiums and apartments amounting to RM8.3 billion in the second quarter of 2019, govt will lower the threshold on high rise property prices in urban areas for foreign ownership from RM1 million to RM600,000 in 2020.
:white_check_mark: *Property Sector*

:round_pushpin:RM250m will be set aside by MCMC to prepare broadband access via satellite technology to increase connectivity in rural Malaysia, especially Sabah and Sarawak
:white_check_mark: *OPCOM/ TIMECOM/ OCK/ TENAGA*

:round_pushpin:Domestic electrical and electronics companies that invest in knowledge-based services will get a tax exemption for up to 10 years.
:white_check_mark: *TECH STOCKS*

:round_pushpin:To boost use of e-wallets, govt to offer one-time RM30 digital stimulus to qualified Malaysians aged 18 and above with annual income less than RM100,000
:white_check_mark: *REVENUE/ GHLSYS*

:round_pushpin:Tax incentives will also be introduced to companies implementing solar leasing activities with income tax exemption of 70% for up to 10 years
:white_check_mark: *CYPARK/ SOLARVEST/ GREATECH*

hng33

20,474 posts

Posted by hng33 > 2019-10-14 09:49 | Report Abuse

sold back at 1.40

Growth

3,967 posts

Posted by Growth > 2019-10-14 10:21 | Report Abuse

gogogo

chai366

27 posts

Posted by chai366 > 2019-10-15 07:32 | Report Abuse

Rebound please

Davidl

1,816 posts

Posted by Davidl > 2019-10-16 15:41 | Report Abuse

Waiting at 1.30

Growth

3,967 posts

Posted by Growth > 2019-10-18 14:44 | Report Abuse

wow

James Ng

2,706 posts

Posted by James Ng > 2019-10-22 10:01 | Report Abuse

https://klse.i3investor.com/blogs/general/231337.jsp
[转贴] [CYPARK RESOURCES BHD:预计随着LSS1下WTE电厂和太阳能发电站的启用,它将把可再生能源的装机容量从目前的31兆瓦增加到62兆瓦;LSS3和NEM计划产生的EPCC合同总价值估计约为40亿令吉] - James的股票投资James Share Investing

davors

889 posts

Posted by davors > 2019-10-28 23:20 | Report Abuse

Will CYPARK benefits?

Govt will implement more effective waste management system nationwide — Zuraida
October 28, 2019

https://www.theedgemarkets.com/article/govt-will-implement-more-effective-waste-management-system-nationwide-%E2%80%94-zuraida

Eddie

13 posts

Posted by Eddie > 2019-11-04 20:58 | Report Abuse

COD of the WTE plant keeps on postponing like no tomorrow. It has been 2 years, and the Company had refused to admit the delay many times when asked, which might indicate untruthful behaviour. The commissioning of this WTE was meant to be as an impetus to the other green companies initially, but what now? By looking at the staggering high debt incurred by the Company and how WTE plant is being managed, triggers some concern on management capability. Can they still win any bid on the coming LSS3 tender based on such track record?

Any sifu can pls share some insight on this? Thanks.

Growth

3,967 posts

Posted by Growth > 2019-11-12 13:10 | Report Abuse

Cyaprk had won LSS1 and LSS2,it is no doubt to win LSS3 based on its expertise in solar energy sector.

Posted by Vycon Chong > 2019-11-27 16:32 |

Post removed.Why?

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