CYPARK RESOURCES BERHAD

KLSE (MYR): CYPARK (5184)

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Last Price

0.98

Today's Change

-0.02 (2.00%)

Day's Change

0.975 - 1.01

Trading Volume

8,683,000


12 people like this.

7,027 comment(s). Last comment by superfra7 15 hours ago

iPlay

1,812 posts

Posted by iPlay > 2022-06-29 08:16 | Report Abuse

Today will close dark green !...... hahaha

lee77

1,042 posts

Posted by lee77 > 2022-06-29 09:15 | Report Abuse

Bad QR... coming.....

TalkC

855 posts

Posted by TalkC > 2022-06-29 09:33 | Report Abuse

IDSS earn a lot.. lets join them..

RTA09391

218 posts

Posted by RTA09391 > 2022-06-29 09:55 | Report Abuse

Overall market to ugly

star168

460 posts

Posted by star168 > 2022-06-29 13:00 | Report Abuse

drop back again lol. rss idss never lose in malaysia haha

TalkC

855 posts

Posted by TalkC > 2022-06-29 13:43 | Report Abuse

RSS & IDSS is the king.. LOL

Posted by nelsonlimpy > 2022-06-29 14:45 | Report Abuse

Diving

imvu

7,888 posts

Posted by imvu > 2022-06-29 14:45 | Report Abuse

apakah ?

imvu

7,888 posts

Posted by imvu > 2022-06-29 14:46 | Report Abuse

collect collect ?

Citadel666

531 posts

Posted by Citadel666 > 2022-06-29 14:47 | Report Abuse

rebound from 0.285 now 0.39 still.tak cukup?? hahaha

imvu

7,888 posts

Posted by imvu > 2022-06-29 14:47 | Report Abuse

seram

icecool

4,780 posts

Posted by icecool > 2022-06-29 14:58 | Report Abuse

what a dive

Raiz368

1,561 posts

Posted by Raiz368 > 2022-06-29 15:11 | Report Abuse

Will fall to below 30 cent soon...

mystery

489 posts

Posted by mystery > 2022-06-29 15:36 | Report Abuse

then collect again at 0.20+?

lee77

1,042 posts

Posted by lee77 > 2022-06-29 15:36 | Report Abuse

Date near to QR announcement, the share more go down..

Posted by nagasaran93 > 2022-06-29 15:37 | Report Abuse

dragon head solar leader, later qr steady boom bii bii and u guys chase high again at rm1?

Surge

377 posts

Posted by Surge > 2022-06-29 16:10 | Report Abuse

Tomorrow Qr result out, today price falling may indicate something?

Surge

377 posts

Posted by Surge > 2022-06-29 16:22 | Report Abuse

If tomorrow break 38, then might go further south

Citadel666

531 posts

Posted by Citadel666 > 2022-06-29 16:23 | Report Abuse

tomorrow 0.35

ccpool

318 posts

Posted by ccpool > 2022-06-29 16:26 | Report Abuse

Bulls make money, bears make money. Only noobs get slaughtered.

Legend

4,119 posts

Posted by Legend > 2022-06-29 16:35 | Report Abuse

Makan roti kosong

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2022-06-29 17:01 | Report Abuse

lss3, lss4, solar power purchase agreement with tnb is too low, .....18cent kwh,......the company got this project will go broke,.......no point doing it,.....not profitable

Surge

377 posts

Posted by Surge > 2022-06-29 17:09 | Report Abuse

Steven832, the article is very clear & shocking, if it is true, that is why recent share lau Sai la?

PunTatBerSiul

1,001 posts

Posted by PunTatBerSiul > 2022-06-29 17:12 |

Post removed.Why?

Posted by nagasaran93 > 2022-06-29 17:14 | Report Abuse

Hello folks, u think money grows on a tree? do you think they don't need cash to buy and build that solar tech? U think tesla factory only cost 10 keping of roti canai?

do you think the company simply signs the contract? they know what we dunno. Disposing of shares doesn't mean bo-ss run, it could be appointing a new director.

What if QR brings a good catalyst? u guys goona chase again at RM1?

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2022-06-29 17:15 | Report Abuse

lss2 price was 34cent kwh,........lss3,lss4 drop to 18 cent,........how to make money

Jiang Ng

31 posts

Posted by Jiang Ng > 2022-06-29 17:41 | Report Abuse

Nagasaran93, the contracts signed by cypark were probably fine. It’s just that the projects have so much delay and cost overrun, which will probably make them unprofitable.

ckwee168

25 posts

Posted by ckwee168 > 2022-06-29 17:45 | Report Abuse

Can't tell if the sell off today has anything to do with the article posted .. but it's true that the commissioning of the WTE has been delayed by >5 years; and now eating into its 25-year concession agreement signed .. On a more positive note, this piece of information is not new to the investment communities and well accounted for in Maybank's TP report as well as Cypark's 2021 AGM report (i.e impairment assessment is done using the remaining useful span period of 20 years) ... as long as they can deliver on their promised revenue of circa RM80 mil per year (i.e. RM80 mil. x 20 years = RM1.6 bil.), it is still sufficient to cover for the project funding cost of RM700++ mil. PROVIDED it can contain its OPEX within RM40 mil. per year (i.e. net positive cashflow of RM40 mil. per year) ... The key catalyst for Cypark to revisit their RM1 share price level is still the successful commissioning of their rather controversial WTE project ... let's hope the management can provide this assurance in the coming QR ya .. cheers~

Posted by nagasaran93 > 2022-06-29 17:46 | Report Abuse

@Jiang Ng, not trading advisable, I do only buy low and sell high whenever they got something turns into good. Plus, the market is still in a kangaroo situation, which may bring it further down. But i believe when this cow bull and surged, everyone is starting to chase high.

We do understand that most tech company, they need money to buy and build those tech in-house businesses. Hope I'm right in the coming QR.

Posted by nagasaran93 > 2022-06-29 17:48 | Report Abuse

Stop making posts after the share price dipped, everyone also can talk east talk west, and talk kock. If you're good, then make the analyst posts before the share price down.

PunTatBerSiul

1,001 posts

Posted by PunTatBerSiul > 2022-06-29 18:10 |

Post removed.Why?

roller77

40 posts

Posted by roller77 > 2022-06-29 18:11 | Report Abuse

U think accounting standards n auditors only analyses cocks n bull...5yrs delayed does not trigger impairment? Ifrs36. This company has huge public float hence the shares flactuates. Just chill

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2022-06-29 18:30 | Report Abuse

the two rubbish bosses,....razali & daud really know to run away first before cypark collapse,......this kind of leadership better going to hell,......making bad decision for the company,.....draw big salary,........what else can they do,.......

roller77

40 posts

Posted by roller77 > 2022-06-29 18:34 | Report Abuse

Who finances the wte. Which bank? If they wanted to run away they would have done it and not face the bond or sukuk holders the other day. Why bother n publish an article on the edge etc. This is the reason y our capital market is not that good. Retailers do not understand the company

Toyota78

129 posts

Posted by Toyota78 > 2022-06-29 18:36 | Report Abuse

I find it hard to reconcile. How can a company with NTA of 2.02 be trading at .38 sen ???

Citadel666

531 posts

Posted by Citadel666 > 2022-06-29 18:38 | Report Abuse

why not

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2022-06-29 18:49 | Report Abuse

toyota,......cypark`s rm900mil. are fake,.......will be written off,......not much left in the company

Toyota78

129 posts

Posted by Toyota78 > 2022-06-29 18:51 | Report Abuse

The Blog article ‘The Ticking Time Bomb of Cypark’ frightens off investors. I’m sure the Company Director would have read it and if so MUST come out with a strong rebuttal with facts to put whoever wrote the blog article in his/her place. Investor confidence is vital. The ball is at the Directors’ feet. I wonder what will be The Edge take on the the issues mentioned in the article

Posted by nagasaran93 > 2022-06-29 19:05 | Report Abuse

@Toyota78, that's why many here are acting pro here when and after the share price was down.

The QR will tell a clear answer, and maybe they are appointing new directors. I wonder what if the QR is good and the share price TOP at a higher price then everyone is chasing high again. Let's see

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2022-06-29 19:12 |

Post removed.Why?

PunTatBerSiul

1,001 posts

Posted by PunTatBerSiul > 2022-06-29 19:14 | Report Abuse

Blind to price drop is making, so called stock butt lickers look like clowns.
Whatever blurted to support have not materialised but they are selling HOPE.
Yeah HOPE and TRUST a GLC will make you wealthy.

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2022-06-29 19:38 | Report Abuse

cypark this time really need khazanah help,......khazanah own banks & tnb,........khazanah can affords cypark to loss money , tnb making money,.....

Toyota78

129 posts

Posted by Toyota78 > 2022-06-29 19:39 | Report Abuse

Well Done Board of Directors to come out with a strong press release against the allegations in the said article. This should calm nerves

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2022-06-29 19:40 | Report Abuse

khazanah can ask tnb to buy cypark`s lss2 &lss3 projects

Toyota78

129 posts

Posted by Toyota78 > 2022-06-29 19:46 | Report Abuse

Cypark has strong institutional shareholders- PNB, EPF, Tabung Haji, Public Mutual, Great Eastern, Philip Capital. I know many retail investors lost a lot. Hv to keep faith that the Cypark can rise to its previous heights

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2022-06-29 19:51 | Report Abuse

if the two big boses really want to help,.......tomorrow they will come to buy cypark up,......they have sold down from 15% each to 6% & less than 4%,.......they can afford to buy if the company on the right track,......if they don`t, you know what to do,......

Posted by nagasaran93 > 2022-06-29 19:54 | Report Abuse

Time will tell us the answer, luckily I got in this about below .45sen. Chill.

Story macam texchem la, below RM1 no one see good on that, later rm4 all chasing high.

Hotstuff

3,147 posts

Posted by Hotstuff > 2022-06-29 20:07 | Report Abuse

exactly same story as serbadk. end of story. expecting more bad news appear on surface. stay tuned

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2022-06-29 20:13 | Report Abuse

a good , responsible captain won`t run away if their ship is sinking,.......he will do what ever he can to save the ship & crews,......the captain won`t run away,......will be the last man leaving the ship or sacrifice together with the crews

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