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 3 days ago

Superb99

6,599 posts

Posted by Superb99 > 2021-03-02 10:48 | Report Abuse

fake breakout above 1.6, gg now

Posted by wongkl0307 > 2021-03-02 12:56 | Report Abuse

cypark want to wash those people

Posted by greatest94 > 2021-03-02 12:56 | Report Abuse

@bursabigbull, AR2020 pg.158 note 37 Subsequent events

(b) Subsequent to the financial year end, a resolution in writing pertaining to the relocation of project sites for both power plants currently located at Terip and Kelinchi in Negeri Sembilan to Pasir Mas, Kelantan had been circulated to Sukukholders for approval. The said relocation was proposed by the project owners and approved by Energy Commission.
As at the date of this report, there are no adverse financial impact to the Group as both the Engineering, Procurement, Construction and Commissioning (EPCC) contract and the Turnkey contract shall remain the same.

syaqur

9 posts

Posted by syaqur > 2021-03-02 13:01 | Report Abuse

profit taking pulling down price today

Superb99

6,599 posts

Posted by Superb99 > 2021-03-02 13:44 | Report Abuse

dun play play...long and ugly red bar

abcb

2,962 posts

Posted by abcb > 2021-03-02 14:42 | Report Abuse

Good news to be announced soon

abcb

2,962 posts

Posted by abcb > 2021-03-02 15:33 | Report Abuse

A pure renewable energy firm emerges
A corporate exercise quietly announced a week ago seems to have gotton of some investors
Pimpinan Ehsan bhd(PEB,5622) a company that was controlled by tycoon Tan Sri Rozali Ismail,a cash shell looking for acquisition target,made two two stock exchange fillings on Feb 19
One,that Rozali and other sharholders had sold out of the company tonew parties,thereby trigggering a mandatory general offer and two,that PEB was planning to acquiresolar power assets
The closest peer would be Cypark Resources Bhd whicj operates around 47 MW of solar plants currently,with some additional350 MWp of capacity in the pipeline comprising olar,waste-to -energy and biogas/biomass projects

stevenckheng

1,336 posts

Posted by stevenckheng > 2021-03-02 15:54 | Report Abuse

cypark cash flow very bad, also alot of debt, possible to sell stake to Pimpinan Ehsan

Superb99

6,599 posts

Posted by Superb99 > 2021-03-02 16:01 | Report Abuse

price gg again, if really got good news, it wont drop like this la

Superb99

6,599 posts

Posted by Superb99 > 2021-03-02 16:37 | Report Abuse

most likely will continue to drop tomorrow, ugly closing

syaqur

9 posts

Posted by syaqur > 2021-03-02 16:47 | Report Abuse

Good if dropped more can purchase cheap good stock

star168

460 posts

Posted by star168 > 2021-03-02 17:11 | Report Abuse

When today people expect price up, price keep drop, tomorrow everyone expect price drop, price may up, haha

star168

460 posts

Posted by star168 > 2021-03-02 17:12 | Report Abuse

Tis stock always play play

Posted by wallstreetrookie > 2021-03-02 17:12 | Report Abuse

see malaysia director always betray retail investors. Dump 1 million shares

Posted by bursabigbull > 2021-03-02 17:28 | Report Abuse

wallstreetrookie, he is a old man and might want to do many things with his money, how can you call it a betrayal? Jeff Bezos sold some of his shares in Amazon to buy a property to live in. Does that mean Amazon is no more good investment and going to go down? Think again! It is NOT like many big shareholders in Cypark trying to sell out to retail investors all at once knowing company is going down. That's glove counters! haha..

stockfreak

777 posts

Posted by stockfreak > 2021-03-02 17:29 | Report Abuse

The Solar Park news out, price went up.

Now the news cool down, people start selling. Normal.

Upup168

487 posts

Posted by Upup168 > 2021-03-02 21:33 | Report Abuse

so fast profit taking.. should come again.. stay tune..

ying

6 posts

Posted by ying > 2021-03-02 23:16 | Report Abuse

parkson

syaqur

9 posts

Posted by syaqur > 2021-03-03 09:34 | Report Abuse

Next week will reverse gear as usual so stay tune

Earthtime

79 posts

Posted by Earthtime > 2021-03-03 11:25 | Report Abuse

Now..going up

Posted by newbiemimi > 2021-03-03 14:44 | Report Abuse

no power also :(

xivix86

42 posts

Posted by xivix86 > 2021-03-03 15:48 | Report Abuse

someone trying to FIX the price at RM1.50

Superb99

6,599 posts

Posted by Superb99 > 2021-03-03 16:41 | Report Abuse

ya, poor momentum, today market ok also gg, no eyes see on thurs and fri, play fundamental counter like penny stock...up and down like roller coaster

Posted by bursabigbull > 2021-03-04 02:21 | Report Abuse

clarity + patience = power = warren buffett

Posted by sephirohn12 > 2021-03-05 12:16 | Report Abuse

On 26 February director and epf dispose together.any meaning?

syaqur

9 posts

Posted by syaqur > 2021-03-05 13:52 | Report Abuse

Epf n director ambil profit la dapat esos

Posted by sephirohn12 > 2021-03-05 14:28 | Report Abuse

Director understand.but epf also dapat esos?

syaqur

9 posts

Posted by syaqur > 2021-03-05 15:02 | Report Abuse

Epf selling to accomodate members i-lestari

Posted by Azam Sahlan > 2021-03-05 19:34 | Report Abuse

ESOS was soo cheap that day..about 59.5¢...

Posted by davidcopper > 2021-03-06 17:34 | Report Abuse

q up

mf

28,636 posts

Posted by mf > 2021-03-07 02:43 | Report Abuse

DATO' DAUD BIN AHMAD (a substantial shareholder) disposed 2,042,600 shares on 04-Mar-2021.

Posted by localmotive > 2021-03-07 17:25 | Report Abuse

The directors are depressing the prices. When it goes up, they start selling like mad!! To fund their ESOS purchases!!! What a sham!!!

klkk

294 posts

Posted by klkk > 2021-03-07 21:27 | Report Abuse

It's always been like that. You can check previous years record. Really no standard.

Posted by bursabigbull > 2021-03-08 01:07 | Report Abuse

ESOS is normal practice by large corporations as incentive scheme to employees to boost their morale. Proven effective in many experiments under business studies. You all think the major shareholders other than the directors will allow "pure exploitation" to happen as you guys think? Think again! You don't "purchase" ESOS, its awarded to employees / directors with good performance and they can exercise it at the market and will cause total shares issued to increase by a small amount. The employee will earn the difference between "ESOS strike price" and "at what price it was exercised at the market". Don't you all want motivated employees?

On the sale of shares by the director, as i commented earlier:

He is a old man and might want to do many things with his money, how can you call it a betrayal? Jeff Bezos sold some of his shares in Amazon to buy a property to live in. Does that mean Amazon is no more good investment and going to go down? Think again! It is NOT like many big shareholders in Cypark trying to sell out to retail investors all at once knowing company is going down. That's glove counters! haha..

Posted by bursabigbull > 2021-03-08 01:35 | Report Abuse

Malaysia's economy to remain on positive growth trajectory despite uncertainty on global front – Nazri Khan

https://www.theedgemarkets.com/article/malaysias-economy-remain-positive-growth-trajectory-despite-uncertainty-global-front-–-nazri

Posted by bursabigbull > 2021-03-08 02:40 | Report Abuse

RATIONALE FOR THE PROPOSED ESOS

The Existing ESOS, which was approved by the Shareholders at the AGM which was held on 21 April 2015 and implemented on 19 October 2015, is set to expire on 18 October 2021. As such, the Company proposes to establish and implement the Proposed ESOS, which is intended to replace the existing ESOS upon its expiration.

The Proposed ESOS is established primarily to achieve the following objectives:

(i) to recognise and reward the Eligible Person(s) by giving recognition to their contributions and
services that are considered vital to the operations, hence motivating employee performance to
create sustainable growth and profitability for the Group;

(ii) to motivate, retain and reward Eligible Person(s) who, upon exercising their New ESOS Options, would be given the opportunity to participate in the equity of the Company and thereby
relate their contribution directly to the performance of the Group; and

(iii) to attract prospective skilled and experienced employees to the Group. The Proposed ESOS is also extended to Non-Executive Directors of the Company in recognition of their contribution to CRB and to enable them to participate in the Company’s future growth.

The Company has not undertaken any equity fund raising exercise in the past 12 months before the date of the Announcement.

Posted by bursabigbull > 2021-03-08 02:42 | Report Abuse

Exercise Price

Subject to any adjustment in accordance with the By-Laws, the Exercise Price shall be determined based on the 5-day VWAP of the CRB Shares immediately preceding the Date of Offer, with a

"discount of not more than 10% or such other percentage of discount as may be permitted by Bursa Securities or any other relevant authorities from time to time during the duration of the ESOS."

The Proposed ESOS may be implemented in tranches, with each tranche being assigned with a
different Exercise Price. In such scenario, the number of New ESOS Options to be allocated
shall be decided by the Option Committee at its sole and absolute discretion and each tranche
shall be separate and independent from the others.

The exercise price as determined by the Board shall be conclusive and binding on the Selected
Person(s) who have accepted the Offer(s).

Posted by localmotive > 2021-03-08 10:29 | Report Abuse

Then the price will remain depressed as the directors will keep selling to find their ESOS. May have to wait until the QR

Posted by localmotive > 2021-03-08 10:56 | Report Abuse

Don't get trapped by the "dirty greedy" directors. They will push prices high to sell and we will get caught

Superb99

6,599 posts

Posted by Superb99 > 2021-03-08 15:59 | Report Abuse

ya....turned into red again

Superb99

6,599 posts

Posted by Superb99 > 2021-03-08 18:23 | Report Abuse

Director keeps selling, how to go up

xivix86

42 posts

Posted by xivix86 > 2021-03-08 18:25 | Report Abuse

director keep selling,the price should go down ,
but why the price keep hanging around rm1.50,

again i repeat my previous message "someone trying to FIX the price at RM1.50"

Posted by bursabigbull > 2021-03-08 18:51 | Report Abuse

Bright future for renewable energy: Kenanga

https://www.nst.com.my/business/2021/03/672084/bright-future-renewable-energy-kenanga

Superb99

6,599 posts

Posted by Superb99 > 2021-03-08 19:36 | Report Abuse

Yinson is different level, both having par value of 0.5 but price different by a lot

hohvest

42 posts

Posted by hohvest > 2021-03-09 18:49 | Report Abuse

cypark patut tukar nama jadi( esos park)

Posted by localmotive > 2021-03-09 19:06 | Report Abuse

cypark - cheat you park

Superb99

6,599 posts

Posted by Superb99 > 2021-03-09 20:41 | Report Abuse

Another bad news coming....sultan johor cancelled a solar project

James

456 posts

Posted by James > 2021-03-09 22:10 | Report Abuse

Esos. Almost have of the current pricing. Hmmm

Posted by fortheemprah > 2021-03-10 00:18 | Report Abuse

https://www.theedgemarkets.com/article/johor-sultan-cancels-rm14b-solar-projects-groundbreaking-ceremony-blaming-putrajayas-silence

Now you know why directors are furiously selling their shares and why solar stocks are declining across the board.

Posted by bursabigbull > 2021-03-10 02:35 | Report Abuse

Tech comeback rally gains steam as Nasdaq jumps 4%, Tesla rebounds 18%

https://www.cnbc.com/2021/03/08/dow-futures-rise-extending-mondays-300-point-rally.html


Panic-like buying signs emerge in Nasdaq after index posts first 10% correction since September

https://www.marketwatch.com/story/panic-like-buying-signs-emerge-in-nasdaq-after-index-posts-first-10-correction-since-september-2021-03-09

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