Reminds me of ATA, first few days kept on dropping, but many refuses to cut loss. These kind of big drop and sudden move means insider throwing like crazy. They know something big and bad is coming.
With ATA the public knows what's happening. In this case, those who are not privy to the info is left in the dark. Traders starts speculating making the situation seems worse than it is. Gamblers takes advantage of the situation. In the end the company's reputation is ruined. Such damage takes a long time to repair.
yong1985cm money flow negative means everyone worry the market facing bear signal , all want take back theirs money preferred than put $$$ in the stock market
Thursday, 19 May 2022 5:53PM CYPARK EMPLOYEES PROVIDENT FUND BOARD (100,000 units Disposed) Tuesday, 17 May 2022 6:25PM CYPARK DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) 6:25PM CYPARK DAUD BIN AHMAD (2,000,000 units Disposed) 6:25PM CYPARK EMPLOYEES PROVIDENT FUND BOARD (16,500 units Disposed) 6:25PM CYPARK RAZALI BIN ISMAIL (500,000 units Disposed) 6:25PM CYPARK RAZALI BIN ISMAIL (500,000 units Disposed) 6:25PM CYPARK DAUD BIN AHMAD (2,000,000 units Disposed) Wednesday, 27 Apr 2022 6:34PM CYPARK OTHERS Tuesday, 26 Apr 2022 5:31PM CYPARK DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) 5:31PM CYPARK HEADIR BIN MAHFIDZ (200,000 units Disposed) Monday, 18 Apr 2022 1:24PM CYPARK Appointment of NORSIMAH BINTI NOORDIN As Others 1:15PM CYPARK Change in Remuneration Committee 1:15PM CYPARK Change in Nomination Committee 1:15PM CYPARK Appointment of NORSIMAH BINTI NOORDIN As Others Friday, 15 Apr 2022 5:54PM CYPARK DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) 5:54PM CYPARK HEADIR BIN MAHFIDZ (100,000 units Disposed) Thursday, 31 Mar 2022 5:55PM CYPARK MEMORANDUM OF UNDERSTANDING 5:54PM CYPARK MEMORANDUM OF UNDERSTANDING 5:54PM CYPARK MEMORANDUM OF UNDERSTANDING 5:54PM CYPARK MEMORANDUM OF UNDERSTANDING 1:23PM CYPARK 1Q net profit 15.532 million (increased 4.21%) Monday, 28 Mar 2022 5:51PM CYPARK General Meetings: Outcome of Meeting Thursday, 24 Mar 2022 6:03PM CYPARK OTHERS Thursday, 10 Mar 2022 5:27PM CYPARK DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) 5:27PM CYPARK ABDUL MALEK BIN ABDUL AZIZ (150,000 units Disposed) Monday, 7 Mar 2022 5:23PM CYPARK DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) Friday, 25 Feb 2022 5:37PM CYPARK General Meetings: Notice of Meeting Thursday, 20 Jan 2022 5:30PM CYPARK OTHERS Thursday, 6 Jan 2022 5:31PM CYPARK OTHERS Thursday, 30 Dec 2021 5:50PM CYPARK MEMORANDUM OF UNDERSTANDING 5:49PM CYPARK MEMORANDUM OF UNDERSTANDING 5:49PM CYPARK MEMORANDUM OF UNDERSTANDING 5:49PM CYPARK MEMORANDUM OF UNDERSTANDING 5:47PM CYPARK Financial year end net profit 75.255 million (increased 6.52%) Friday, 17 Dec 2021 12:51PM CYPARK NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) Thursday, 16 Dec 2021 12:56PM CYPARK Additional Listing Announcement /Subdivision of Shares Tuesday, 7 Dec 2021 6:19PM CYPARK MEMORANDUM OF UNDERSTANDING Monday, 6 Dec 2021 6:03PM CYPARK NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) Wednesday, 1 Dec 2021 1:02PM CYPARK NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) Tuesday, 30 Nov 2021 12:50PM CYPARK Additional Listing Announcement /Subdivision of Shares Friday, 19 Nov 2021 6:01PM CYPARK NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) Friday, 29 Oct 2021 12:50PM CYPARK NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) Thursday, 28 Oct 2021 5:20PM CYPARK DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) 5:20PM CYPARK HEADIR BIN MAHFIDZ (200,000 units Disposed) 12:49PM CYPARK Additional Listing Announcement /Subdivision of Shares
No, ATA dropped for few days, close to 1 week then the news came out in TheEdge that dyson is not continuing with them. Insider has been throwing ATA for 1 week.
As I said, no support from big fund like EPF, tabung haji, it's easy to attack by short-selling. Malaysia green energy leading company kena attacked, like TopGlove.
Is Najib only involve in 1MDB??Please read and search.
Please go to google and put search 1mdb cases the last 2 years.study 30 min or more then u know. Not Najib alone but his cases only tip of the ice-berg.involve more thn 10 people include foreigner. The PH people are twisting the facts.Do the news all write Najib do it??No partly involve.Duh why people in PH wanted to just point Najib but in reality more thn 10 people involve. PH just do not accept the facts when Mahathir son also one of the shareholder in Sapura.Anwar say want to forensic accounts Sapura.Why dun set example by investigate Mahathir son firsts. PH is just bias on others.Tq
yeah , no big news other than short selling pushing price down
(if that the case - i guess its just gambling n price attack)
fundamentally, the only thing that i think that can be of risk is that MAYBE cost of hardwares increases a lot due to inflation .hope they have some mechanism with suruhanjaya tenaga to mitigate this.
CYPARK RESOURCES BERHAD (Reg. No.: 200401004491(642994-H)) UNAUDITED INTERIM FINANCIAL REPORT FOR THE FIRST QUARTER ENDED 31 JANUARY 2022 Unaudited Condensed Consolidated Statements of Cash Flows For the Fourth Quarter ended 31 October 2021 (continued) Cash flows from financing activities * Proceeds from issuance of ordinary shares - Private placement - ESOS Share issuance expense Perpetual sukuk - net of expenses Payment of lease liabilties Revolving credit, net Short term borrowings, net Term loans, net Interest paid Net cash flows generated from financing activities Net decrease in cash and cash equivalents Cash and cash equivalents at beginning of financial year Cash and cash equivalents at end of financial year Cash and cash equivalents at the end of the financial year comprise the following: Short term deposits with licensed banks Cash at banks and in hand Cash and bank balances Less: Bank overdrafts (72,295) 17,478,376 187,209,834 9,678,526 27,626,454 46,390,807 354,311,220 (653,288) (11,902,486) (27,710) 45,232,461 - - (9,026,667) (265,421) 84,058,672 (52,943,670) 295,423,761 32,368,540 (14,230,578) 241,634,883 342,408,734 47,754,491 241,634,883 342,408,734
INDIVIDUAL PERIOD CUMULATIVE PERIOD CURRENT YEAR QUARTER PRECEDING YEAR CORRESPONDING QUARTER CURRENT YEAR TO DATE PRECEDING YEAR CORRESPONDING PERIOD 31 Jan 2022 31 Jan 2021 31 Jan 2022 31 Jan 2021 $$'000 $$'000 $$'000 $$'000 1 Revenue 77,203 76,479 77,203 76,479 2 Profit/(loss) before tax 20,574 20,394 20,574 20,394 3 Profit/(loss) for the period 15,532 14,905 15,532 14,905 4 Profit/(loss) attributable to ordinary equity holders of the parent 15,816 14,983 15,816 14,983 5 Basic earnings/(loss) per share (Subunit) 2.14 2.64 2.14 2.64 6 Proposed/Declared dividend per share (Subunit) 0.00 0.00 0.00 0.00
AS AT END OF CURRENT QUARTER AS AT PRECEDING FINANCIAL YEAR END 7 Net assets per share attributable to ordinary equity holders of the parent ($$) 2.0800 2.0900
CYPARK RESOURCES BERHAD (Reg. No.: 200401004491(642994-H)) UNAUDITED INTERIM FINANCIAL REPORT FOR THE FIRST QUARTER ENDED 31 JANUARY 2022 Unaudited Condensed Consolidated Statements of Financial Position As at 31 January 2022 Unaudited Audited As At As At 31 Jan 2022 31 Oct 2021 RM RM Assets Non-current assets Plant and equipment 524,324,635 484,485,374 Right-of-use assets 37,477,095 5,945,864 Intangible assets 921,716,208 916,048,638 Investment in an associate 3,321,828 3,273,225 Other Investment 8,000,000 8,000,000 Deferred tax assets 12,205,847 10,210,299 Trade receivables 2,405,927 2,405,927 1,509,451,540 1,430,369,326 Current assets Trade and other receivables 219,354,218 192,887,653 Contract assets 844,679,210 826,298,217 Tax assets 2,084,475 1,793,437 Deposits, cash and bank balances 244,711,974 298,457,404 1,310,829,877 1,319,436,711 Total assets 2,820,281,417 2,749,806,037 Equity and liabilities Current liabilities Loans and borrowings 252,463,017 256,971,622 Lease liabilities 993,142 645,000 Trade and other payables 82,570,227 120,815,674 Tax payable 7,106,564 7,825,648 343,132,951 386,257,944 Net current assets 967,696,926 933,178,767 Non-current liabilities Loans and borrowings 1,146,215,725 1,099,486,192 Lease liabilities 37,340,157 5,882,450 Trade payables 43,147,739 42,689,759 Deferred tax liabilities 27,000,060 24,955,240 1,253,703,680 1,173,013,641 Total liabilities 1,596,836,631 1,559,271,585 Net assets 1,223,444,786 1,190,534,452 Equity Share capital 514,382,528 496,904,153 Reverse acquisition reserve (36,700,000) (36,700,000) Employee share option reserve 2,337,594 2,337,594 Treasury Shares (5,790,060) (5,790,060) Retained earnings 535,768,927 523,410,216 Perpetual Sukuk 212,252,608 208,894,862 Non-controlling interests 1,193,189 1,477,687 Total Equity 1,223,444,786 1,190,534,452 Total equity and liabilities 2,820,281,417 2,749,806,037 Net assets per share attributable to owners of the Company (RM) 2.08 2.09 Note: 1. The Unaudited Condensed Consolidated Statements of Financial Position should be read in conjunction with the audited financial statements for the financial year ended 31 October 2021 and the accompanying notes attached to the unaudited interim financial statements
CYPARK RESOURCES BERHAD (Reg. No.: 200401004491(642994-H)) UNAUDITED INTERIM FINANCIAL REPORT FOR THE FIRST QUARTER ENDED 31 JANUARY 2022 Unaudited Condensed Consolidated Statements of Comprehensive Income For the First Quarter ended 31 January 2022 Current Year Preceding Year Current Year Preceding Year Quarter Quarter To Date To Date 31 Jan 2022 31 Jan 2021 Changes 31 Jan 2022 31 Jan 2021 Changes RM RM % RM RM % Continuing operations Revenue 77,202,543 76,479,214 0.9% 77,202,543 76,479,214 0.9% Cost of sales (53,167,752) (53,139,199) 0.1% (53,167,752) (53,139,199) 0.1% Gross profit 24,034,791 23,340,015 3.0% 24,034,791 23,340,015 3.0% Other income 631,712 928,054 -31.9% 631,712 928,054 -31.9% Administrative expenses (2,454,412) (2,087,666) 17.6% (2,454,412) (2,087,666) 17.6% Operating profit 22,212,091 22,180,403 0.1% 22,212,091 22,180,403 0.1% Finance costs (1,686,385) (1,676,427) 0.6% (1,686,385) (1,676,427) 0.6% Share of results of an associate 48,604 (109,991) -144.2% 48,604 (109,991) -144.2% Profit before tax 20,574,310 20,393,985 0.9% 20,574,310 20,393,985 0.9% Tax expense (5,042,346) (5,488,916) -8.1% (5,042,346) (5,488,916) -8.1% Profit for the year 15,531,964 14,905,069 4.2% 15,531,964 14,905,069 4.2% Other comprehensive income net of tax - - - - Total comprehensive income for the year 15,531,964 14,905,069 4.2% 15,531,964 14,905,069 4.2%
Total comprehensive income attributable to:- - Owners of the Company 15,816,462 14,982,846 5.6% 15,816,462 14,982,846 5.6% - Non-controlling interest (284,498) (77,777) (284,498) (77,777) 15,531,964 14,905,069 4.2% 15,531,964 14,905,069 4.2% Earnings per share for profit attributable to the owners of the Company (sen per share) - Basic 2.14 2.64 2.14 2.64 - Diluted 2.13 2.62 2.13 2.62
CYPARK RESOURCES BERHAD (Reg. No.: 200401004491(642994-H)) UNAUDITED INTERIM FINANCIAL REPORT FOR THE FIRST QUARTER ENDED 31 JANUARY 2022 Unaudited Condensed Consolidated Statements of Cash Flows For the First Quarter ended 31 January 2022 Cash flows from operating activities Profit before tax Adjustments for: Depreciation of plant and equipment Share of results in associated company Unrealised foreign exchange gain Issuance of ESOS Depreciation of right-of-use assets Amortisation of intangible assets Finance income - other liabilities at amortised costs Interest expense Interest income Operating cash flows before changes in working capital Changes in working capital: Trade and other receivables Contract assets Trade and other payables Cash flows used in operations Tax paid Net cash flows used in operating activities * Cash flows from investing activities Additions to intangible assets Plant and equipment Additions to right-of-use assets Interest received Net cash flows used in investing activities (398,700) (14,804) 618,703 (47,175,868) (6,577,489) (9,829,568) (2,153) (48,604) (1,599) (37,785,314) (9,551,186) 9,463,800 9,432,418 (618,703) 30,722,076 (18,380,993) (58,600,741) 3 months ended 31 Jan 2022 31 Jan 2021 RM RM 20,574,310 Restated 20,393,985 735,053 2,007,834 32,651,325 (26,067,865) 109,991 - (27,203) 2,176,625 909,919 269,395 909,919 196,130 223,715 - (735,053) (6,003,196) (41,382,520) (7,634,659) (49,582,846) (55,586,043) (12,481,109) (47,740,006) 32,583,402 (4,846,450) (38,066,549) 5|P a g e CYPARK RESOURCES BERHAD (Reg. No.: 200401004491(642994-H)) UNAUDITED INTERIM FINANCIAL REPORT FOR THE FIRST QUARTER ENDED 31 JANUARY 2022 Unaudited Condensed Consolidated Statements of Cash Flows For the Fourth Quarter ended 31 October 2021 (continued) Cash flows from financing activities * Proceeds from issuance of ordinary shares - Private placement - ESOS Share issuance expense Perpetual sukuk - net of expenses Payment of lease liabilties Revolving credit, net Short term borrowings, net Term loans, net Interest paid Net cash flows generated from financing activities Net decrease in cash and cash equivalents Cash and cash equivalents at beginning of financial year Cash and cash equivalents at end of financial year Cash and cash equivalents at the end of the financial year comprise the following: Short term deposits with licensed banks Cash at banks and in hand Cash and bank balances Less: Bank overdrafts (72,295) 17,478,376 187,209,834 9,678,526 27,626,454 46,390,807 354,311,220 (653,288) (11,902,486) (27,710) 45,232,461 - - (9,026,667) (265,421) 84,058,672 (52,943,670) 295,423,761 32,368,540 (14,230,578) 241,634,883 342,408,734 47,754,491 241,634,883 342,408,734 244,711,974 (3,077,091) (145,264)
Maintain BUY Cypark’s 1QFY22 core net profit came in within expectations where earnings were at 17%/18% of our/consensus’ full year estimates. This was also in-line with expectation of earnings improvement in 2H, upon completion of LSS2, LSS3 and WTE. Nevertheless, we adjust lower our FY22/23/24E net profit by 23%/10%/10% respectively, as we anticipate delay in commissioning of WTE to July 2022 (previously April) and after adjusting for distribution of perpetual sukuk. Our SOP-based TP is unchanged at MYR1.35. Maintain BUY. Within expectations 1QFY22 core net profit was MYR12.1m (-3% YoY). Our core net profit calculation excludes the MYR3.4m distribution to perpetual sukuk. Operations-wise, results were within our expectations as we were expecting LSS2, LSS3 and WTE to commence in 2H22. YoY, revenue and PBT marginally increased by 0.9% from Renewable Energy segment due to better energy generation from most of the solar plants. PAT for 1QFY22 increased 4% YoY to MYR15.5m from lower deferred tax expenses. Revising down forecasts Our revised forecast imputes a delay in the commissioning of WTE to July 2022 (prev. April 2022). We note that WTE faced multiple manpower disruptions in Jan and Feb, due to surge in Covid cases and restrictive SOP during its testing and commissioning phase. We also now include distribution to perpetual sukuk into our forecasts. As a result, our net profit forecasts for FY22/23/24E are lowered by 23%/10%/10%. Earnings to improve from 2H22 Cypark expects its RE portfolio to grow from 2H22 onwards, whereby it expects to manage and operate a combined solar capacity of 230MW vs. 70MW currently. The solar PV projects for the remaining 60MW under LSS2 in Kelantan and 100MW under LSS3 in Terengganu are expected to complete in 2Q of 2022. We also expect it to kick start its first WTE plant in Ladang Tanah Merah, Negeri Sembilan in July 2022, given that the project is in the last leg of completion.
9.9% 6.0% 5.9% 596 0.2 Cypark Resources is pioneering developer and provider in renewable energy, green tech & environmental services, and waste management & WTE.
BIN AHMAD DAUD BIN ISMAIL RAZALI Employees Provident Fund
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....
yong1985cm
215 posts
Posted by yong1985cm > 2022-05-25 12:26 | Report Abuse
Godstock8888
i think the price drop because the money flow -257264
what do u mean by money flow?