Posted by TtreeInvestor > 2 hours ago | Report Abuse
Solar concession actually as good as Power Plant Concession. Need raise huge debts and equity to fund the construction/development, then earn back from future Tariff collection. The recovery period is long.
If the drop of share price is due to the business model, then we should worry whether Public Private Partnership model for public infra especially power plant actually whether feasible or not? And will this bring adjustment of rate to consumer?
reply: i think the biz model itself is no problem, the problem may lies with cypark mgm, how they manage their biz. few project got delayed for multiple times/few yrs, having said that, do take note the the WTE is first of its kind in malaysia hence the delay in COD is understandable. but the delay of the 2 LSS2 50MW project is the one make people worry.
PPA signed between RE owner and TNB is fix rate for 21 yrs most of the time. and hence the additional cost will not pass on to consumer.
daily IDSS volume is small comparing to trading volume. not even 5%. unless you know the amount of stocks shorted under SBL. top 10 share holders, 8 are funds and institutional clients. who is the one sold down the stocks?
Price is record low, but did u see any insider, director, EPF, grab cheap unit now? if they said no problem, they should first of all show support in action by buying their own stock which they consider under value & cheap, if they are not doing it, must be some thing freaking brew underneath..
Secures road upgrading works Cypark was awarded a contract by TTDI KL Metropolis SB for the construction and completion of road upgrading works along Jalan Dutamas 2, worth MYR74.3m. We make no changes to our FY22-23E earnings as the contract win is within our job replenishment assumption of MYR60m/year under the Construction & Engineering segment. Cypark trades at only 5.6x FY22E PER (vs peers at 19x PER). Maintain BUY, with SOP-TP of MYR1.35.
Mlabs' auditors issue qualified opinion on its FY21 financial ...https://www.theedgemarkets.com › article › mlabs-audit... 9 Nov 2021 — Mlabs Systems Bhd's auditors Messrs PKF have issued a qualified opinion on the company's financial statements for the financial year ended ...
Mlabs System external auditor PKF expresses qualified ...https://www.thestar.com.my › business › 2021/11/09 9 Nov 2021 — In a filing with Bursa Malaysia on Tuesday, the qualified opinion was about Mlabs' subsidiary which had invested in Coinful Capital Fund.
Serba dinamik lagi dahsyat - menipu sedunia wakaka
According to the SC's charges filed at the Kuala Lumpur Sessions Court, the false statement is in relation to the revenue figure of RM6. 014 billion contained in Serba Dinamik's Quarterly Report on Consolidated Results for the Quarter and Year ended 31 December 2020.28 Dec 2021 https://www.sc.com.my › media › sc... SC Charges Serba Dinamik, its Director and Officers for False Information in its ...
Mujurlah epf masih salah satu pemegang syer terbesar dalam cypark :)
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5184 CYPARK CYPARK RESOURCES BERHAD Changes in Sub. S-hldr's Int (Section 138 of CA 2016) Particulars of Shareholder Name : EMPLOYEES PROVIDENT FUND BOARD NRIC/Passport No./Company No. : EPF ACT 1991 Nationality/Country of Incorporation : Malaysia Address: Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur Wilayah Persekutuan Malaysia Descriptions (Class and Nominal Value): Ordinary Shares Name and Address of Registered Holder: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com Details of Changes Date of Notice : 17/05/2022 Transactions: No. Date Transaction Type No of Shares Price (RM) 1. 13/05/2022 Disposed 100,000 - Circumstances by reason of which change has occurred: Disposal of Shares Nature of Interest: Direct Interest Consideration:
No of Shares Held After Changes: Direct : 35,066,950 shares (5.9550%) Total : 35,066,950 shares Remarks: The direct interest of the Employees Provident Fund Board further to the transaction is as follows:-Registered under Citigroup Nominees (Tempatan) Sdn. Bhd.(1) Employees Provident Fund Board - 18,788,750 ordinary shares(2) Employees Provident FD BD (CIMB PRI) - 11,441,400 ordinary shares(3) Employees Provident FD BD (ARIM) - 4,836,800 ordinary shares You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
Sold all at 38.5... seems not a good indication from yesterday closing and today opening, There must be something brewing that is not in favor to this co. all the best to those kept holding
There are some misunderstandings about Cypark biz and its financials. We can not and should not compare Cypark with Serba although there some similarities. Cypark is the leading renewable energy player that own and operate solar and other forms of green energy projects. The high debts and gearing is very acceptable in this kind of Cypark biz models where the debts are mostly tied to the projects that have long term power purchase agreements with the off takers such as TNB. It is a very normal practice in a project with guaranteed purchase agreement with a creditable off taker to have very high gearing such as 3 to 4 times. With respect to negative cash flow from operation, this is due the fact that most of the projects were still under construction. In addition the WTE project was already booking profits even though it was still under construction as it is a Service Concession Agreement project with the government. Cypark does not own the WTE project but only provide the required service and Cypark wrote the fair value of the service provided as an intangible asset. Most of the intangible asset in Cypark balance sheet is from service concession work, not from goodwill which only amount to RM 462,000 only in the last annual report. Those who understand Cypark biz and it's biz model can know the fair intrinsic value of Cypark.
shorties : spread all bad news, more bad better create more fear contra : buy the dip long term holder : no eye see swing trader : wow macam boleh swing trade
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....
investmalaysia618
669 posts
Posted by investmalaysia618 > 2022-05-26 16:58 | Report Abuse
markets are never wrong, opinions often are