Posted by TCH1186 > 2022-05-25 15:54 | Report Abuse

me no gugu catching falling knife

Posted by Godstock8888 > 2022-05-25 15:54 | Report Abuse

sure got something

Posted by CUTLOST > 2022-05-25 15:55 | Report Abuse

Let c who gonna win

Posted by Pinky > 2022-05-25 15:56 | Report Abuse

Whole board of directors only 1 race. Same like Sebak Dynamite.

Posted by Eric Lim > 2022-05-25 15:57 | Report Abuse

so you don't worry, got anything happened govt sure step in

Posted by Good123 > 2022-05-25 15:58 | Report Abuse

2022-04-01 0.805 1.16 +0.355 (44.10%)
BUY
PUBLIC BANK

Posted by Lukesharewalker > 2022-05-25 15:59 | Report Abuse

Tomorrow another level down. Big trap

Posted by star168 > 2022-05-25 16:00 | Report Abuse

why bursa no issues uma to cypark?

Posted by star168 > 2022-05-25 16:00 | Report Abuse

drop like hell without any news

Posted by daljeet > 2022-05-25 16:00 | Report Abuse

35 sen pls

Posted by TalkC > 2022-05-25 16:00 | Report Abuse

share drop like this directors not giving any annoucement.. LOL.... Or they can talk ayam... TNB going acquire cypark.... habis kena goreng ikan bilis...

Posted by TCH1186 > 2022-05-25 16:01 | Report Abuse

i never follow those advise either from mbb pbb or any.. most counter will make free fall.. retailer will get trapped..

Posted by Godstock8888 > 2022-05-25 16:01 | Report Abuse

look like will Limit down

Posted by icecool > 2022-05-25 16:02 | Report Abuse

queue 20 cent

Posted by gohky87 > 2022-05-25 16:04 | Report Abuse

going down down down..

Posted by newtrader1989 > 2022-05-25 16:06 | Report Abuse

Very soon catch up with serba

Posted by Raiz368 > 2022-05-25 16:06 | Report Abuse

Next support maybe around 30 cent

Posted by CUTLOST > 2022-05-25 16:07 | Report Abuse

Those gonna burn their money, will be plz in

Posted by imvu > 2022-05-25 16:07 | Report Abuse

besok rebound ?

Posted by kenny rojer > 2022-05-25 16:08 | Report Abuse

How to questions bursa on this? really dissapointed.

why bursa no issues uma to cypark?

Posted by Johnzhang > 2022-05-25 16:09 | Report Abuse

Sharks are having coordinated attack on energy stock these 2 days : Petron, hengyuan, Hibiscus and cypark. Cypark is in renewable energy .

Posted by thesteward > 2022-05-25 16:10 | Report Abuse

What happened

Posted by kenny rojer > 2022-05-25 16:11 | Report Abuse

non stop dropping, and no any news coming out.

Posted by newtrader1989 > 2022-05-25 16:11 | Report Abuse

Yay already hit the tp that i gave yesterday.more Lower , next to 15c

Posted by Johnzhang > 2022-05-25 16:11 | Report Abuse

Sharks can rule the market. This is because there is no buying support from foreign and local funds and retailers are weak too. Short selling is permitted by bursa . Nothing we can do .

Posted by Godstock8888 > 2022-05-25 16:11 | Report Abuse

limit down coming

Posted by bu4567 > 2022-05-25 16:12 | Report Abuse

Without any official bad news can go down like that it will affect the whole bursa market sentiment

Posted by kenny rojer > 2022-05-25 16:12 | Report Abuse

about 20k loss in here

Posted by citadel888 > 2022-05-25 16:13 | Report Abuse

omg

Posted by citadel888 > 2022-05-25 16:13 | Report Abuse

lai lai lai I wait u at 0.3

Posted by cicakman > 2022-05-25 16:14 | Report Abuse

Inferno.

Posted by newtrader1989 > 2022-05-25 16:14 | Report Abuse

Imagine Those at rm 1 above. Need 3 times limit up to breakeven. Haha gone case

Posted by CUTLOST > 2022-05-25 16:14 | Report Abuse

Bearish divergent

Posted by gohky87 > 2022-05-25 16:14 | Report Abuse

After the share reaches the limit down level and is stable, then I collect some at the bottom. Do some bottom bargain hunting. Risky buy now.

Posted by Good123 > 2022-05-25 16:15 | Report Abuse

Material E issues
 The Group’s development of RE parks produce zero

greenhouse gas (GHG) emissions through the usage of non-
productive and/or non-commercial areas e.g. on water

bodies, landfill areas and rehabilitated landfill areas.
 In FY20, the Group’s RE parks, which are in commercial
operations, have successfully avoided the emission of
41,933 tonnes of carbon dioxide (CO2) while generating
60,772MWh of renewable energy (FY19: 42,844 tonnes CO2,
62,093MWh).
 Cypark expect to increase its RE capacity to 230MW by 2022,
from 70MW currently.

Posted by Good123 > 2022-05-25 16:15 | Report Abuse

Key G metrics and issues
 Cypark’s Board consists of six directors; two executive,
non-independent directors and four non-executive,
independent directors. All board members are male.
Currently, the Board does not have any formalised Board
Diversity Policy or Gender Diversity Policy.
 The Board has not adopted a policy which limits the tenure
of its Independent Directors to 9 years; where two of its
Independent Directors would reach a tenure of more than
9 years on 8 June 2021 and 7 September 2021, respectively.
 Its Audit Committee and Board Risk Management
Committee is made up of 3 Independent Non-Executive
Directors.
 The CEO’s total remuneration package for FY20 accounted
for 5% of the Group’s pretax profit. Disclosures of its top 5
senior management's renumeration are in bands of
MYR50k.
 In FY20, Mazars PLT was the independent auditor for
Cypark. They have been appointed since 2014.
 The Group had established the Code of Conduct and Ethics
(CCE) that are applicable to all Directors, Management and
employees. It has also adopted Anti-Bribery and Corruption
Policy (ABC Policy) on 29 May 2020, and a Whistleblowing
Policy to facilitate the whistleblower to report or disclose
through established channels.
 Cypark has recurrent related party transactions (RPTs),
which mainly comprised of sub-contractor charges paid for
environmental and landscape works. This accounted for 4%
of FY20’s revenue.

Posted by Good123 > 2022-05-25 16:16 | Report Abuse

Material S issues
 Cypark’s workforce is comprised of 43% women, from a total
of 124 employees (FY19: 61% women from 153 employees).
 To prevent work-related hazards, Cypark holds weekly
safety toolbox briefings at its construction sites, site
inspections by senior management along with various
internal and external training programmes.
 In FY20, the total training budget was MYR50,511 with the
average spending on employees’ training at RM334 (FY19:
MYR498). The average training hours per staff stands at 0.13
hours. No work-related injuries was reported in FY20.
 It also participates in various programmes such as
Conference of Electric Power Supply Industry (CEPSI) 2020,
International GreenTech, Eco Products Exhibition &
Conference Malaysia (IGEM2020) and engages with the
educational institutions to enhance RE industry
development in Malaysia.

Posted by cicakman > 2022-05-25 16:16 | Report Abuse

Inferno.

Posted by Good123 > 2022-05-25 16:16 | Report Abuse

On-going projects
Projects Expected
project cost
(MYRm)

Capacity
(MW)
Average
tariff
(per
kWh)
Concession
duration

Cypark’s
ownership (%)

Expected
Commercial
Operation

Solar
Sik, Kedah (LSS2) 230 30

34 sen –
37 sen

21 years Turnkey contract 1 Jan 2022

Danau Tok Uban, Kelantan
(previously Empangan Terip)
(LSS2)

225 30 21 years 40%, Turnkey

contract 2Q 2022

Danau Tok Uban, Kelantan
(previously Empangan
Kelinchi) (LSS2)

225 30 21 years Turnkey contract 2Q 2022

Merchang, Terengganu
(LSS3) 495 100 22.97 sen 21 years 70% 2Q 2022
Waste-to-energy (WTE)
Ladang Tanah Merah, Negeri
Sembilan 500 25 42 sen –

45 sen 25 years Build-Operate-
Manage-Transfer July 2022

Total 215
Source: Company, Maybank IBG Research

Posted by CUTLOST > 2022-05-25 16:17 | Report Abuse

Bot 35cts.hope 2Mrw rebound

Posted by azfar8 > 2022-05-25 16:17 | Report Abuse

ha, did any that who bought at 0.43 google "dead cat bounce"?

Posted by taihai > 2022-05-25 16:17 | Report Abuse

tnb will save cypark ?? 5184 first price today buy buy buy??

Posted by Good123 > 2022-05-25 16:17 | Report Abuse

FYE 31 Oct FY20A FY21A FY22E FY23E FY24E
Key Ratios
Growth ratios (%)
Revenue growth (19.3) 3.7 29.1 31.5 0.1
EBITDA growth (16.5) (7.8) 40.9 46.8 (0.7)
EBIT growth (16.6) (7.1) 25.3 42.1 (0.9)
Pretax growth (18.5) 0.0 13.1 42.1 0.4
Reported net profit growth (23.9) (9.4) 12.4 49.4 0.4
Core net profit growth (23.9) (9.4) 12.4 49.4 0.4
Profitability ratios (%)
EBITDA margin 40.6 36.1 39.4 44.0 43.7
EBIT margin 35.8 32.1 31.1 33.7 33.4
Pretax profit margin 31.8 30.6 26.8 29.0 29.1
Payout ratio 0.0 0.0 25.0 25.0 25.0
DuPont analysis
Net profit margin (%) 22.9 20.0 17.4 19.8 19.8
Revenue/Assets (x) 0.1 0.1 0.1 0.2 0.2
Assets/Equity (x) 2.9 2.8 2.7 2.5 2.2
ROAE (%) 8.8 7.0 6.9 9.5 8.8
ROAA (%) 3.1 2.5 2.5 3.7 3.7
Liquidity & Efficiency
Cash conversion cycle nm nm nm nm nm
Days receivable outstanding 89.2 175.0 193.5 192.0 218.1
Days inventory outstanding nm nm nm nm nm
Days payables outstanding 309.4 217.5 179.8 185.3 209.4
Dividend cover (x) nm nm 4.0 4.0 4.0
Current ratio (x) 3.1 3.4 4.4 4.0 4.0
Leverage & Expense Analysis
Asset/Liability (x) 1.7 1.8 1.8 1.9 2.1
Net gearing (%) (incl perps) 90.4 88.9 86.2 70.7 56.2
Net gearing (%) (excl. perps) 103.3 107.8 103.1 83.3 65.5
Net interest cover (x) 8.9 23.0 6.8 7.1 7.7
Debt/EBITDA (x) 9.9 11.9 8.3 5.1 4.5
Capex/revenue (%) 38.3 73.9 33.4 0.0 0.0
Net debt/ (net cash) 859.7 1,058.0 1,097.8 970.8 823.5
Source: Company; Maybank IBG Research

Posted by Bullcoming > 2022-05-25 16:18 | Report Abuse

Price from now onward will not the lowest, but lagi low

Posted by Good123 > 2022-05-25 16:18 | Report Abuse

tnb MIGHT TAKE OVER CYPARK

Posted by Good123 > 2022-05-25 16:19 | Report Abuse

SHORTSELLERS ARE RUSHING TO CLOSE POSITIONS PROBABLY... 4.19PM ALREADY HAHA

Posted by rezzare > 2022-05-25 16:20 | Report Abuse

gg will kena suspended like serbadk mou?

Posted by Good123 > 2022-05-25 16:21 | Report Abuse

FYE 31 Oct FY20A FY21A FY22E FY23E FY24E
Key Metrics
P/E (reported) (x) 9.6 11.4 7.1 4.8 4.8
Core P/E (x) 7.2 9.8 7.1 4.8 4.8
P/BV (x) 0.6 0.6 0.5 0.4 0.4
P/NTA (x) 8.4 2.3 1.4 1.0 0.8
Net dividend yield (%) 0.0 0.0 3.5 5.2 5.2
FCF yield (%) nm nm nm 28.6 34.3
EV/EBITDA (x) 11.0 14.7 10.0 6.3 5.7
EV/EBIT (x) 12.5 16.6 12.7 8.2 7.5
INCOME STATEMENT (MYR m)
Revenue 304.0 315.3 407.2 535.4 535.7
EBITDA 123.5 113.8 160.4 235.5 233.9
Depreciation (9.0) (9.0) (18.8) (25.7) (25.7)
Amortisation (5.5) (3.6) (14.8) (29.6) (29.6)
EBIT 109.0 101.2 126.8 180.2 178.6
Net interest income /(exp) (12.3) (4.4) (18.5) (25.5) (23.3)
Associates & JV (0.0) (0.2) 1.0 0.6 0.7
Exceptionals 0.0 0.0 0.0 0.0 0.0
Other pretax income 0.0 0.0 0.0 0.0 0.0
Pretax profit 96.6 96.6 109.3 155.4 156.0
Income tax (26.0) (21.4) (26.2) (37.3) (37.4)
Minorities 0.0 0.0 0.0 0.0 0.0
Perpetual securities (1.1) (12.3) (12.3) (12.3) (12.3)
Discontinued operations 0.0 0.0 0.0 0.0 0.0
Reported net profit 69.5 63.0 70.8 105.8 106.3
Core net profit 69.5 63.0 70.8 105.8 106.3
BALANCE SHEET (MYR m)
Cash & Short Term Investments 359.4 298.5 234.3 227.1 240.0
Accounts receivable 115.5 191.1 246.7 324.4 324.5
Inventory 0.0 0.0 0.0 0.0 0.0
Reinsurance assets 0.0 0.0 0.0 0.0 0.0
Property, Plant & Equip (net) 288.6 480.0 597.2 571.5 545.8
Intangible assets 890.9 920.6 905.8 876.2 846.6
Investment in Associates & JVs 3.4 3.3 3.3 3.3 3.3
Other assets 716.8 856.5 856.5 856.5 856.5
Total assets 2,374.5 2,749.8 2,843.8 2,858.9 2,816.8
ST interest bearing debt 233.0 257.0 134.3 134.3 134.3
Accounts payable 133.2 120.8 156.0 205.1 205.2
Insurance contract liabilities 0.0 0.0 0.0 0.0 0.0
LT interest bearing debt 986.1 1,099.5 1,197.8 1,063.5 929.2
Other liabilities 72.0 82.0 82.0 82.0 82.0
Total Liabilities 1,424.0 1,559.3 1,570.1 1,484.9 1,350.7
Shareholders Equity 830.7 980.2 1,063.2 1,163.6 1,255.7
Minority Interest 1.4 1.5 1.5 1.5 1.5
Total shareholder equity 832.1 981.6 1,064.7 1,165.1 1,257.2
Perpetual securities 118.5 208.9 208.9 208.9 208.9
Total liabilities and equity 2,374.5 2,749.8 2,843.8 2,858.9 2,816.8
CASH FLOW (MYR m)
Pretax profit 96.6 96.6 109.3 155.4 156.0
Depreciation & amortisation 14.5 12.6 33.5 55.3 55.3
Adj net interest (income)/exp 39.4 32.6 0.0 0.0 0.0
Change in working capital (314.3) (202.3) (20.5) (28.6) (0.1)
Cash taxes paid 0.0 0.0 0.0 0.0 0.0
Other operating cash flow 0.9 0.2 0.0 0.0 0.0
Cash flow from operations (212.7) (89.5) 96.2 144.8 173.7
Capex (116.5) (232.9) (136.0) 0.0 0.0
Free cash flow (329.2) (322.4) (39.8) 144.8 173.7
Dividends paid 0.0 0.0 0.0 (17.7) (26.5)
Equity raised / (purchased) 1.8 86.1 0.0 0.0 0.0
Perpetual securities 117.3 78.2 0.0 0.0 0.0
Change in Debt 40.8 147.1 (24.3) (134.3) (134.3)
Other invest/financing cash flow 0.3 (4.8) 0.0 0.0 0.0
Effect of exch rate changes 0.0 0.0 0.0 0.0 0.0
Net cash flow (169.0) (15.8) (64.2) (7.2) 13.0

Posted by TCH1186 > 2022-05-25 16:21 | Report Abuse

azfar8 i almost enter at 0.43 tho.. gg feel so lucky today.. the counter fell down like no bottom dy..

Posted by Good123 > 2022-05-25 16:22 | Report Abuse

Fig 1: Results summary

Quarterly Cumulative

FY Oct (MYR m) 1Q22 1Q21 % YoY 4Q21 % QoQ 3M22 3M21 % YoY
Revenue 77.2 76.5 0.9 87.0 (11.2) 77.2 76.5 0.9
Operating profit 22.2 22.2 0.1 31.9 (30.3) 22.2 22.2 0.1
Finance costs (1.7) (1.7) 0.6 (0.7) >100 (1.7) (1.7) 0.6
Share of associates’ profits 0.0 (0.1) <-100 0.0 >100 0.0 (0.1) (144.2)
Pre-tax profit 20.6 20.4 0.9 31.2 (34.1) 20.6 20.4 0.9
Tax (5.0) (5.5) (8.1) (5.5) (8.7) (5.0) (5.5) (8.1)
Perpetual sukuk (3.4) (2.4) 42.0 (3.7) (8.2) (3.4) (2.4) 42.0
Net profit 12.1 12.5 (3.1) 22.0 (52.9) 12.1 12.5 (3.1)
EPS (sen) 2.1 3.1 (33.4) 4.5 (53.3) 2.1 2.6 (20.5)
DPS (sen) - - NM - NM - - NM
1Q22 1Q21 +/- ppt 4Q21 +/- ppt 3M22 3M21 +/- ppt
EBIT margin (%) 36.6 44.6 (7.9) 34.7 2.0 32.1 35.8 (3.8)
Tax rate (%) 17.7 36.3 (18.6) 23.9 (6.2) 22.1 26.9 (4.8)
Segmental:
Revenue 1Q22 1Q21 % YoY 4Q21 % QoQ 3M22 3M21 % YoY
Renewable Energy 66.3 64.7 2.4 57.2 15.9 66.3 64.7 2.4
Construction & Engineering 4.5 4.6 (1.7) 11.0 (58.8) 4.5 4.6 (1.7)
Green Tech & Environmental 0.9 1.1 (16.1) 1.0 (11.8) 0.9 1.1 (16.1)
Waste Management & WTE 5.5 6.1 (9.2) 17.8 (69.0) 5.5 6.1 (9.2)
Total 77.2 76.5 0.9 87.0 (11.2) 77.2 76.5 0.9
Pre-tax Profit
Renewable Energy 17.5 17.1 2.5 21.2 (17.3) 17.5 17.1 2.5
Construction & Engineering 1.0 1.1 (7.0) 3.6 (72.8) 1.0 1.1 (7.0)
Green Tech & Environmental 0.2 0.3 (20.1) 0.2 1.5 0.2 0.3 (20.1)
Waste Management & WTE 1.9 2.0 (5.5) 6.2 (70.0) 1.9 2.0 (5.5)
Total 20.6 20.4 0.9 31.2 (34.1) 20.6 20.4 0.9
PBT margin (%) 1Q22 1Q21 +/- ppt 4Q21 +/- ppt 3M22 3M21 +/- ppt
Renewable Energy 26.4 26.4 0.0 37.0 -10.6 26.4 26.4 0.0
Construction & Engineering 21.9 23.1 (1.2) 33.1 -11.3 21.9 23.1 -1.2
Green Tech & Environmental 27.0 28.4 (1.4) 23.5 3.5 27.0 28.4 -1.4
Waste Management & WTE 33.7 32.3 1.3 34.7 -1.0 33.7 32.3 1.3
Total 26.6 26.7 (0.0) 35.9 -9.2 26.6 26.7 (0.0)