Power plant is debt intensive business and are most sensitive to interest expense. BNM cut 50pct point will save Cypark a very big finance cost, translating into higher profit margin and EPS
i think nowadays many counters got 1 day show only or it takes longer time to have another breakout as overall market is poor thus operator also not dare to goreng too fast as people sure throw like hell. Besides, many funds had moved into glove and medical related counters as well, easier to goreng.
Directors sold cheaply to get funds to buy cheaper 48.6 m shares offered to themselves via ESOS at only 0.595 to make easy money! Please refer to Bursa Announcement on 27 Mar 2020
We need be patient, slow and steady. FA good, this company need time to proof the value. TA looks good, this week should have some pushing, not to worry so much.
Overall, its business direction of green energy is good. However, the boss is the problem... Why is he issueing ESOS at the time everybody is lossing in share? What I see is a selfish boss that does not really care about investor. Diluting shareholder benefit... Fatten own wallet....
For AGM, do it online la if can like Bursa. Save cost and time. Then every shareholder can join and find out the truth from the bosses.
This cypark share is hold by many fund managers like those from public mutual, great eastern, etc. I believe they have the same feeling like us as well like being cheated for issuing cheap ESOS.
Look at all your comments here are just bunch of JOKERs. With the momentum of share buy-back in these few weeks, it is quite obvious to tell you the management is trying to reduce the dividend pay-out. So please man up and bite the bullet to get the dividend. #DDLM
Oh ya, for ESOS right, before comment on the shareholders selling their shit load ESOS to the market. Please go to check/confirm the shareholding portion in BURSA. And you think BURSA is so incapable to let these kind of funny things happened? They need more share to secure their margin facility from bank.
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....
Master123
213 posts
Posted by Master123 > 2020-04-27 17:26 | Report Abuse
Use company fund sbb transfer $$ to own pocket. Great, but ruined yr own reputation.