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

lloydlim

3,967 posts

Posted by lloydlim > 2021-10-21 00:46 | Report Abuse

Sudah wake up?

star168

460 posts

Posted by star168 > 2021-10-21 06:26 | Report Abuse

It hard to predict, but future for sure, just need long time maybe

Davidl

1,816 posts

Posted by Davidl > 2021-10-21 08:51 | Report Abuse

Perhaps it forms another bearish engulfing pattern today b4 de rally.

Karlos

1,277 posts

Posted by Karlos > 2021-10-21 09:23 | Report Abuse

Another tranche of Private Placement price was fixed at 95 sen. Private placement is unfair to other shareholders as they are not given the opportunity to subscribe to cheap discounted shares. For the connected few that get chance to subscribe these cheap shares can make easy gains very quickly without risk.

Davidl

1,816 posts

Posted by Davidl > 2021-10-21 16:05 | Report Abuse

Looking forward to get it at price below 95cts.

newtrader1989

1,429 posts

Posted by newtrader1989 > 2021-10-21 16:09 | Report Abuse

Forever PP counter. Very very difficult to move up

star168

460 posts

Posted by star168 > 2021-10-21 18:29 | Report Abuse

High risk stock. Be careful.

star168

460 posts

Posted by star168 > 2021-10-21 18:31 | Report Abuse

Always right hand sell to left hand

Posted by norzam6020 > 2021-10-22 09:23 | Report Abuse

Lagi pp, adoi bila la nak habis pp ni?

vcinvestor

403 posts

Posted by vcinvestor > 2021-10-22 09:38 | Report Abuse

your pp no like pp?

madguy

674 posts

Posted by madguy > 2021-10-26 00:35 | Report Abuse

lets go up .... and breakout lol

Posted by norzam6020 > 2021-10-26 08:57 | Report Abuse

Yes today showtime,good luck guys.

madguy

674 posts

Posted by madguy > 2021-10-26 10:11 | Report Abuse

wtf when wan breakout ?

Davidl

1,816 posts

Posted by Davidl > 2021-10-26 19:41 | Report Abuse

Time to accumulate!

Posted by norzam6020 > 2021-10-27 09:14 | Report Abuse

Yes ,Davidl its very true time to collect the gem.

madguy

674 posts

Posted by madguy > 2021-10-28 07:20 | Report Abuse

hope rocket soon, november coming

star168

460 posts

Posted by star168 > 2021-10-28 11:45 | Report Abuse

What going happen in November? This stock no easy up 1, even up need be careful, will drop very soon

lloydlim

3,967 posts

Posted by lloydlim > 2021-10-28 18:18 | Report Abuse

Ur day has come Cypark!

newbie9893

2,240 posts

Posted by newbie9893 > 2021-10-28 21:29 | Report Abuse

sure break RM1.00 tomolo. If not, i will cut my....

madguy

674 posts

Posted by madguy > 2021-10-29 04:55 | Report Abuse

@newbie9893 yeah pls limited up lol

newbie9893

2,240 posts

Posted by newbie9893 > 2021-10-29 10:50 | Report Abuse

RM1.00 cleared...going yo spike up very soon

newbie9893

2,240 posts

Posted by newbie9893 > 2021-10-29 10:53 | Report Abuse

no need to cut my....cypark thank you

takeashot

50 posts

Posted by takeashot > 2021-10-29 10:58 | Report Abuse

gogogo cypark

Dangel

422 posts

Posted by Dangel > 2021-10-29 11:12 | Report Abuse

Ready for symmetrical triangle breakout! Go Go Go!

Posted by UnicornTrader > 2021-10-29 11:13 | Report Abuse

Finger crossed .. await budget 2022 for solar green energy!

star168

460 posts

Posted by star168 > 2021-10-29 11:31 | Report Abuse

Why everyone expect that will be budget for solar? Solar company alot in Malaysia, no sure cypark can benefit or not

star168

460 posts

Posted by star168 > 2021-10-29 11:31 | Report Abuse

Before everyone say cypark can get lss4 projects, but in the end, cypark didn't get lss4, price drop n drop

star168

460 posts

Posted by star168 > 2021-10-29 11:32 | Report Abuse

Hope cypark can doing better in future.

Dangel

422 posts

Posted by Dangel > 2021-10-29 11:53 | Report Abuse

Cypark not only solar but also waste to energy Sir!

s3phiroth

343 posts

Posted by s3phiroth > 2021-10-29 15:01 | Report Abuse

u should thank god they didnt lss4. Those who won, won with a pathetic tariff for 21 years!.

madguy

674 posts

Posted by madguy > 2021-10-29 15:13 | Report Abuse

@newbie9893 wtf stilll cant up ......

madguy

674 posts

Posted by madguy > 2021-10-29 15:13 | Report Abuse

kpower leading zzzz

madguy

674 posts

Posted by madguy > 2021-10-29 15:14 | Report Abuse

such disappointment

madguy

674 posts

Posted by madguy > 2021-10-29 17:17 | Report Abuse

noob faggot hahhaha

star168

460 posts

Posted by star168 > 2021-10-29 21:45 | Report Abuse

Seen like nothing special to cypark regarding to budget 2022

star168

460 posts

Posted by star168 > 2021-10-29 21:45 | Report Abuse

Have to wait long long time

Posted by YONG0421 > 2021-10-30 00:38 | Report Abuse

1billion budget for renewable energy project

madguy

674 posts

Posted by madguy > 2021-10-30 05:28 | Report Abuse

@YONG0421 really ??? where ?

Posted by YONG0421 > 2021-10-30 12:25 | Report Abuse

go download 2022 budget pdf then search the keyword

Dangel

422 posts

Posted by Dangel > 2021-11-01 08:33 | Report Abuse

LSS5 coming!

star168

460 posts

Posted by star168 > 2021-11-01 10:44 | Report Abuse

Even lss5 coming, what related to cypark, i buy this stock long time, from earnjng become loss. Haha

star168

460 posts

Posted by star168 > 2021-11-01 10:45 | Report Abuse

Now i feel no hope to cypark, only talk good prospects but.... U know

lloydlim

3,967 posts

Posted by lloydlim > 2021-11-01 10:48 | Report Abuse

Time to accumulate!

star168

460 posts

Posted by star168 > 2021-11-03 17:42 | Report Abuse

Slow and steady going to holland.

wan161

515 posts

Posted by wan161 > 2021-11-04 04:07 | Report Abuse

relax.. sabar itu indah

Posted by norzam6020 > 2021-11-05 10:21 | Report Abuse

Run run cypark going down

shpg22

2,984 posts

Posted by shpg22 > 2021-11-07 13:58 | Report Abuse

Cash kontang kompeni

star168

460 posts

Posted by star168 > 2021-11-08 21:59 | Report Abuse

0.90 coming soon again

syuraizat

47 posts

Posted by syuraizat > 2021-11-10 13:16 | Report Abuse

need to wait till PP is complete

MathMan

8 posts

Posted by MathMan > 2021-11-10 16:23 | Report Abuse

According to the 2020 Annual Report, Note 6(a), in relation to the Ladang Tanah Merah WTE plant, "During the financial year, the borrowing costs capitalised in the intangible asset amounted to RM23,522,000 (2019: RM28,422,000)"

According to the Independent Auditor's Report in the same Annual Report, the carrying value of the WTE intangible asset was RM871M.

When the WTE plant is brought on line, the intangible asset will have to be amortized instead of accumulated. Assuming this is done linearly over 19 years (the 19 years being a complete guess on my part), this will be an outflow of RM871/19 or RM45.8M per annum.

At the same time, the interest, which is presently being capitalised, will have to be expensed, which will be an additional expense of RM23.5M.

If you add the interest to the amortization, when the WTE plant is brought on line there will be additional expenses of RM69.3M.

According to http://ir.chartnexus.com/cypark/docs/Press%20Releases/07may2015-%20The%20Malaysian%20Reserve%20-CYPARK%20HOPES%20TO%20FORMALISE%20LANDFILL%20CONCESSION%20BY%20MID%20YEAR.pdf Cypark was targetting RM100M revenue per year, and there is reason to believe this might include at least a little "blue sky", but even if you accept that number, for sure there are going to be operating costs and those costs may be more than RM100M less RM69.3M.

I would not be surprised if the net effect of bringing the WTE plant on line is not so much a profit as a loss.

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