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
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?
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.
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~
@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.
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.
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
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,.......
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
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
@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
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.
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
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,......
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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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....
iPlay
1,812 posts
Posted by iPlay > 2022-06-29 08:16 | Report Abuse
Today will close dark green !...... hahaha