cypark lss3 project at terenganu 100mw still no get funding yet..now lss mentari? article say lss mentari have to start before end of 2020.sure they can handle it?
When started produce electricity and sell to TNB, $$$ will flow into Cypark's pocket. This counter has to keep at least 2 years to generate huge profit. Be patient.
debt from now already build in WTE plant and lss2=90mw solar plant..but WTE and lss2 no starting contribute profit yet. after this two project start operate will better
What‘s the impact to company financial position for this islamic bond issue? I think the company ought to bear more financial burden to ensure bond interest manage to deliver to investor, yet business or project dealt still at uncertainty situation. Do comment if you all have better ideas.
maybe director sell because no dividend payout? soon cypark dept will increase 500mil more.of course company net profit will increase.but no dividend payout,nothing benefit to investor. just see the profit increase year by year.just my opinion
They can sell out now with 60% profit. Just personal feeling as a shareholder at that time (i dispose all the share at loss), i felt they don't really care about other investor.
danielong1982 The Edge did questions the coincodence of director disposal and company share buyback... 06/06/2020 7:25 PM
It's obvious, you need someone to buy when you're selling. So when the director sells, company buy. Because there is no such demand for the shares. And if you add together the ESOS thing, then you'll see how bad it is the management are.
danielong1982 The Edge did questions the coincodence of director disposal and company share buyback... 06/06/2020 7:25 PM
Hi Daniel, can you share the link on the questioning on director disposal and company share buyback by The Edge?
Cypark AGM is 18 JUNE 2020. Since it is a virtual AGM, please attend and ask the management about the parallel efforts of both director disposal and share buyback at the same time. I believe we have to find out the truth.
Rgd. the debt, no choice. Since they are talking about building a power plant, they've to borrow money to run the show.
High gearing and negative cash flow are off course can be a concern generally for some businesses. However what is more worrying and pertinent is the issue related to corporate governance. Recently the company suddenly offered 48.6 m share under ESOS at a price of only 59.5 sen during the depressed price period on 26 March 2020. Previously the exercise price under ESOS was RM1.42 and supposed to expire on Oct 2020. Not surprising the directors were selling their shares even at depressed prices as they can buy back the share at lower price of 59.5 sen only. Another worrying phenomenon is the company did carry out buy backs while the directors are disposing the shares.
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....
sephirohn12
60 posts
Posted by sephirohn12 > 2020-05-21 16:03 | Report Abuse
klci up 15point..this counter no moving..