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

newtrader1989

1,429 posts

Posted by newtrader1989 > 2022-01-12 02:57 | Report Abuse

Serba dinamite pp at 1.55 kahaha look at now

amateurJR

2,366 posts

Posted by amateurJR > 2022-01-13 14:33 | Report Abuse

At this price actually is good to buy. But not to invest big on this stock due to its gearing

yong1985cm

215 posts

Posted by yong1985cm > 2022-01-13 15:19 | Report Abuse

I have some accounting query that cannot solved, hopes any 1 can help:

the contract assets is basically combine of 3 LSS2 project 50MWp each, which is yet to be COD bcz the amount never came down. (if COD, the amount will reduce and reclass to trade receivable).

LSS2 summary:
Terip, N.sembilan 50MWp
Sik, Kedah 50MWp
Kelinchi, N.sembilan 50MWp

question:
CRB early 2021 said 1 of the LSS2 project moved to Kelantan and COD ady. so if COD ady, why the contract asset nver reduced?

amateurJR

2,366 posts

Posted by amateurJR > 2022-01-14 11:17 | Report Abuse

Actually if wan to invest in RE related counter, can look for better RE stocks outside of Malaysia. e.g. Xinyi Solar is a much better stock to buy n hold

Posted by norzam6020 > 2022-01-18 08:34 | Report Abuse

Sik, already cod,tq.

Posted by norzam6020 > 2022-01-19 08:05 | Report Abuse

Kelantan Empangan flooting solar plant 100 mw completing soon(Formerly to install at Terip and Kelinchi already transfer to Kelantan).

yong1985cm

215 posts

Posted by yong1985cm > 2022-01-21 09:34 | Report Abuse

ya its good if Sik ady COD and the kelantan 100 MWP oso COD soon, then we can expect the upcoming QR for the period from Nov 21 to Jan 22 will be better in term of operational cash flow, since once the LSS 2 COD, by right TNB will start paying the owner, and owner will pay operator.

am i right?

DoubleL

10 posts

Posted by DoubleL > 2022-01-24 16:37 | Report Abuse

All stock drop drop drop. Malaysia boleh.

mni75

114 posts

Posted by mni75 > 2022-01-24 17:49 | Report Abuse

Bila WTE nak COD?

Posted by Fundamental Trader > 2022-01-25 08:43 | Report Abuse

BBB

Posted by norzam6020 > 2022-01-25 08:59 | Report Abuse

WTE COD earliest expected is March,maybe i think.Now testing by chinese Engineers.

DoubleL

10 posts

Posted by DoubleL > 2022-01-25 09:27 | Report Abuse

buy and hold this stock for 3-5 years

DoubleL

10 posts

Posted by DoubleL > 2022-01-25 09:28 | Report Abuse

Short term nothing expectation.

DoubleL

10 posts

Posted by DoubleL > 2022-01-28 16:52 | Report Abuse

Investor run run run , price drop drop drop

amet2017

3,150 posts

Posted by amet2017 > 2022-01-28 16:59 | Report Abuse

Yes run run.. Please sell down some more :)

Posted by norzam6020 > 2022-01-28 17:12 | Report Abuse

Why run buy more la

DoubleL

10 posts

Posted by DoubleL > 2022-01-29 06:04 | Report Abuse

I buy some and keep for few years. Hope cypark can manage their business well.

mni75

114 posts

Posted by mni75 > 2022-02-11 20:13 | Report Abuse

Kalau turun 83 sen kita topap..kalau naik kita tengok saja..

mni75

114 posts

Posted by mni75 > 2022-02-11 20:52 | Report Abuse

After COD of WTE 25mw, Floating Solar in Danau Tok Uban60mw, Marang 100mw..sure price goes up to RM3 at least..

DoubleL

10 posts

Posted by DoubleL > 2022-02-11 21:13 | Report Abuse

Rm3 in dream only. If Cypark can become tenaga no.2 that supply huge electric, then maybe dream can come true.

mni75

114 posts

Posted by mni75 > 2022-02-12 10:07 | Report Abuse

Right now if calculate among peers in MW of Green energy producers show that Cypark is the leader.Now and 2022 COD is expected at nearly 240MW.. largest among other companies in Green energy.So, 1st WTE in N9 (Q1 2022) + LSS2 (Mid 2022) and LSS3 (end 2022) set for completion while awaiting award for another 2 WTE for Melaka and Johor. I m very confident with Cypark. So if share price drop I keep topap and invest for long term. RM3 at the end of 2022. Plus point for Cypark is that the price for LSs2 n 3 much higher that recently awarded Lss4 at R0.17
Now Cypark in Correction Wave and have to complete it

DoubleL

10 posts

Posted by DoubleL > 2022-02-12 11:39 | Report Abuse

I hope what you say will come true. I wish cypark can go higher too . a lot ppl afraid about the cash flow of cypark, even cypark seen like making huge profit, but trade receiveable is consider high, that a hiding risk maybe. Earn money but cannot received back the money. hmm

vic_amat87

606 posts

Posted by vic_amat87 > 2022-02-12 12:50 | Report Abuse

The nature of bsness. Hopefully upcoming quater we cam see improvement on cash flow and trade receiveable. Luckily, all project inside malaysia, risk of fraud very less. Like serbadk, they do a lot of ‘outside job’.

vic_amat87

606 posts

Posted by vic_amat87 > 2022-02-12 12:52 | Report Abuse

Recently they completed and cod solar project at sik, kedah. Soon WTE tanah merah and follow by lss3 project. Once they operated with positive cash flow, i believe cypark will move higher

DoubleL

10 posts

Posted by DoubleL > 2022-02-14 09:29 | Report Abuse

Why tis stock everytime up little bit only then drop again. Selling pressure so high

newtrader1989

1,429 posts

Posted by newtrader1989 > 2022-02-14 15:00 | Report Abuse

Hahah run

jackjason

170 posts

Posted by jackjason > 2022-02-20 20:54 | Report Abuse

WTE project need to invest a lot at the initial stage. It like build the highway and get the toll fees for certain agreed periods, thereafter highway need handover to government. All this amount park under intangible asset and start amortise when start commercial operation.

Posted by ITreeinvestor > 2022-03-06 07:09 | Report Abuse

Serbadk 2.0 in the making ............ check the receivables & contract assets and balloning debts.

enciktal

18 posts

Posted by enciktal > 2022-03-09 10:12 | Report Abuse

when will Cypark SMART WTE 20mw NS will comm? it has been delayed since 2019. there should be no more excuses as there will be no travelling ban for the experts to do testing. The delay is too long now

enciktal

18 posts

Posted by enciktal > 2022-03-09 10:20 | Report Abuse

after the PP 2021 of 100 million shares price (90-96), was browsing thru the annual report 2021, a new shareholder emerge in top 30 shareholders. Personal who currently owns 2.55% of the company which is one of the highest individual shareholders besides the owners of the company.

vic_amat87

606 posts

Posted by vic_amat87 > 2022-03-09 18:43 | Report Abuse

2.55% is our finance minister. Very interesting

vic_amat87

606 posts

Posted by vic_amat87 > 2022-03-09 18:44 | Report Abuse

Sorry, bursa chairman..*

star168

460 posts

Posted by star168 > 2022-03-09 19:03 | Report Abuse

boss intention to deal before close period, qr good or bad? price keep drop , seek like good future, but price keep manapulate by big shark

star168

460 posts

Posted by star168 > 2022-03-09 19:05 | Report Abuse

terrible downtrend stock

enciktal

18 posts

Posted by enciktal > 2022-03-09 23:27 | Report Abuse

the stock was cornered today. at preclosing there was a sudden huge que at 0.79 and there was someone picking it up until eod..

enciktal

18 posts

Posted by enciktal > 2022-03-10 02:20 | Report Abuse

Vicamat87 well AWO was one of the senator minister last time and our finance minister now DTZ used to work under him during maybank

star168

460 posts

Posted by star168 > 2022-03-10 19:00 | Report Abuse

insider start selling , qr boom ?

vic_amat87

606 posts

Posted by vic_amat87 > 2022-03-11 01:45 | Report Abuse

Insider sold only 150k units, and it is close deal at 0.8.

star168

460 posts

Posted by star168 > 2022-03-11 06:20 | Report Abuse

why they want sell at low price. something problem?

enciktal

18 posts

Posted by enciktal > 2022-03-11 09:27 | Report Abuse

price is higher from their entry price (ESOS previously at 0.59)

Noni

700 posts

Posted by Noni > 2022-03-11 09:29 | Report Abuse

Is this a good renewable energy firm ?

enciktal

18 posts

Posted by enciktal > 2022-03-11 10:30 | Report Abuse

noni, it depends on your definition of good. Currently, the business prospect is bright as they will increase their power generation from 49MW to 255MW by this year. And recurring income which is fix for the next 20 years. But this company has high debt ratio of 95%. Because the business model requires intensive CAPEX and their cash flow is tight currently. The shares has been diluted by 20% from last year PP and the price has been down nearly 40-50% from last year's high. In terms of shareholdings, the bigboys funds is about 35% and retail 40% and remaining balance are insiders of the company. It has been reporting positive results for the past few years. The risk im looking at is there if there will be more delays in their project commissioning this year. The other risk is inflation(current issue Russia Ukraine conflict) high rising of building materials(raw materials such as steel n etc), it will hurt their project cost that will effect their profit margin. Moving forward, the country new policy is moving towards carbon neutral nation, this will fit the bill.

enciktal

18 posts

Posted by enciktal > 2022-03-11 11:05 | Report Abuse

AGM will be end of month and im expecting that they will announce dividend (DRP) by April and May. Entry at this price 0.80, i will say its undervalued because PE ratio is 6x vs Industry avg 20x, NTA is 2.09. Last support CL is 0.65. The investment strategy is for mid to long term and not suitable for daily trading currently as there is not much movement in terms of volume and price volatility.

vic_amat87

606 posts

Posted by vic_amat87 > 2022-03-11 18:04 | Report Abuse

This stock not move much during recent riot compare to its peer solarvest, samaiden and pekat.

star168

460 posts

Posted by star168 > 2022-03-11 20:34 | Report Abuse

this stock suitable for long term investor. need long time to sucess.

star168

460 posts

Posted by star168 > 2022-03-13 19:03 | Report Abuse

Lss5 coming soon, will cypark get the project or not. Let's see.

TalkC

855 posts

Posted by TalkC > 2022-03-25 09:32 | Report Abuse

good news and share price not moving at all.. dead counter.

Posted by norzam6020 > 2022-03-25 10:16 | Report Abuse

WTE still t&c expected running in May to June

Davidl

1,816 posts

Posted by Davidl > 2022-03-25 11:08 | Report Abuse

Bags new project! More to go!

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