Posted by lexxi012 > 2021-03-16 18:44 | Report Abuse

PEB is a nett cash company with NTA = 1.02. Simple maths, it will just cost Pitahaya 5cents to buy your share through MGO. Similar to Paragon Union, Pitahaya can't force you to sell your share through MGO. Another good example is FGV, flying 20% after FELDA failing to take over 90% of share. FGV retailers who are still holding must be celebrating now.

Posted by Dakewlest > 2021-03-16 20:15 | Report Abuse

I will keep my shares. Anyway, when is the last date for the offer?

Posted by paulthesotong > 2021-03-17 08:17 | Report Abuse

reNikola Solar ASEAN Green SRI SUKUR RM390 M ...ISSUSED OR NOT YET ISSUED???

Posted by ucrst2140q > 2021-03-17 13:59 | Report Abuse

@paulthesotong still pending from SC

https://www.sc.com.my/analytics/bonds-sukuk-market/list-of-corporate-bonds-and-sukuk-under-lodge-and-launch-framework

Posted by ucrst2140q > 2021-03-17 14:04 | Report Abuse

@dakewlest last date for off - 2nd April

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=206293&name=EA_DS_ATTACHMENTS

Posted by techinvestormy > 2021-03-18 15:41 | Report Abuse

ARE SOLAR COMPANIES STILL CONSIDERED GOOD INVESTMENTS?

With the recent announcement of LSS4 shortlisted bidders, the results from the “winners” are disappointing. Why is this so?

Posted by techinvestormy > 2021-03-18 15:41 | Report Abuse

To begin with, our homeland Malaysia is targeting to achieve 20% renewable energy by 2025. As of now, we are somewhere between 5% - 7%, 4 more years to go! However, renewable energy does not equal to SOLAR. There is hydropower, biomass, biogas, wind and solar when it comes to renewable energy. So why are investors loving solar-themed companies so much?

Posted by techinvestormy > 2021-03-18 15:42 | Report Abuse

Apart from the hype from LSS4, solar, despite might not be the most efficient type of renewable energy is easier to scale than the rest of the renewable energy. Wind in Malaysia is not sufficient to serve as a consistent stream of energy, biomass require steady flow of FFB waste and hydropower is highly dependant on location (high or low head), and the initial capital investment is usually much higher.

Posted by techinvestormy > 2021-03-18 15:42 | Report Abuse

Hence, Malaysia being one of the rare countries on Earth that is standing on the equatorial has a decent amount of sunlight and was not subjected to major weather changes, hence why solar is so important to Malaysia.



However, there are two types of “Solar” companies in the market. One being the contractor who buys the panel and build the solar PV farm, the EPCC contractor and the concession / asset owner.

Posted by techinvestormy > 2021-03-18 15:42 | Report Abuse

EPCC has proven more challenging as the margins are getting thinner since demand for solar panels are spiking. Unless you are going for cheap panels, the EPCC margins are practically, razor thin.



On the other hand, concession, or asset owner – especially those involved in LSS1 & LSS2 are enjoying a much better tariff or margin. The difference between the margins are approximately 2 times as compared to the market in 2016. In short, assets that are from 2016 – 2017 are enjoying a “premium” as compared to the latest LSS4!

Posted by techinvestormy > 2021-03-18 15:43 | Report Abuse

This company – Pimpinan Ehsan Berhad (“PEB”) is going to do something really interesting. PEB will engage with reNIKOLA Sdn Bhd, who owns and operate a total portfolio of 418 MWp* of solar farm.

*The 330 MWp Bukit Kayu Hitam plant will soon commence its construction.



By comparison, CYPARK did not get the LSS4 (intended) and it is currently operating a 47 MWp worth of solar farm, which is relatively smaller than PEB! The current valuation of CYPARK is approximately MYR 655 Million, and PEB is only having a valuation of MYR 113 Million. Why is that so?



Simple. The complexity and difficulty in understanding the corporate structure for PEB had shun some investors away from this gem. There are also rumours about the company getting delisted by June this year, which I say – nonsense.



According to Bursa’s regulation, not only does PN 16 company can prolong their period to acquire income generating asset – almost indefinitely as long as the plan is sound and beneficial to minority shareholder. Plus, we noticed that the new owners of PEB, a.k.a. the owners for the solar assets had acquired up to 38% of the company, which costs him or her approximately MYR 30 Million.

Posted by techinvestormy > 2021-03-18 15:43 | Report Abuse

Do you think people with MYR 30 Million cash on hand are dumb enough to buy a “delisting” company?



I don’t think so.

Posted by techinvestormy > 2021-03-18 15:44 | Report Abuse

Being an quiet observer in the forum, I noticed that some are giving good advices on investment and some are purely (poorly) trying to defame the company and collecting at a cheaper price. Unfortunately for them, there are still strong buying power at the 1.600 level!

Posted by techinvestormy > 2021-03-18 15:45 | Report Abuse

As an investor of PEB, I urge you to focus on the solar assets that PEB owns. This company will become huge. Maybe not now, tomorrow or the day after tomorrow. But eventually it will hit its previous high of 2.410 level.

Posted by xetambaya > 2021-03-18 16:09 | Report Abuse

@techinvestormy Do you think people with MYR 30 Million cash on hand are dumb enough to buy a “delisting” company?

I don’t think so.


same opinion with u, no ppl will willing to spend 30m and risk to lose it all

Posted by Bren21 > 2021-03-18 17:41 | Report Abuse

Thanks techinvestormy for your insights !

Posted by ruby20 > 2021-03-19 08:51 | Report Abuse

U can only play this after the share offer la.

Posted by Enilec Mak > 2021-03-19 10:13 | Report Abuse

New owner owns more than 38%.

Posted by Rinshad26 > 2021-03-19 11:54 | Report Abuse

waiting fly.

Posted by AlfI3 > 2021-03-19 13:49 | Report Abuse

Shudnt hav accept the take over offer; as not attractive enuf......wait till the exercise end, see wat will happen then

Posted by xetambaya > 2021-03-19 16:08 | Report Abuse

got my ticket and prepare to lift off now

Posted by cg14134 > 2021-03-19 16:28 | Report Abuse

Share price has hit new low post takeover, and yet no question about whether your analysis is on the right track?

Posted by ucrst2140q > 2021-03-19 17:17 | Report Abuse

obviously the take over offer price is not atrractive since reNikola is worth more than that

Posted by bettyntod > 2021-03-19 17:18 | Report Abuse

Samaiden is the smallest among few solar counter. Btw it is market sentiment, Majority of the solar counter recently not seems to be so strong. In this case, I more suggest that people who in early stage average down, this suggestion is only for long term share holder.

Tech and solar counter seems not so strong on recent trend, but is also a good time to keep collect for tech and solar counter. PEB is high potential to be a black horse if they started to build up and on track with all the business.

PEB will be one of the best solar counter among the others solar counter

Posted by ucrst2140q > 2021-03-19 17:18 | Report Abuse

wait till they announce the take over is complete, you cant get PEB with this price anymore

Posted by ucrst2140q > 2021-03-19 17:25 | Report Abuse

market sentiment is bad since the take over process has not completed yet, get ready for strong buying power after the exercise is concluded

Posted by Enilec Mak > 2021-03-19 17:58 | Report Abuse

Those who always say peb is worth more than RM2 better buy more. Put your money where your mouth is

Posted by Enilec Mak > 2021-03-19 17:59 | Report Abuse

Just talk big hoping others to come in to buy and support the counter would not help much

Posted by ruby20 > 2021-03-20 08:23 |

Post removed.Why?

Posted by cg14134 > 2021-03-20 23:27 | Report Abuse

Here we see a bunch of bulls living in their own alternate universe in which corporate finance rules do not apply. The market will teach them a lesson better than their uni professors. Mark my words.

Posted by ucrst2140q > 2021-03-21 16:06 | Report Abuse

Warren buffet once said a famous quote

Posted by ucrst2140q > 2021-03-21 16:09 | Report Abuse

We shall see whose gonna regret later lol

Posted by cg14134 > 2021-03-21 22:16 | Report Abuse

My apology if what I wrote has hurt your feeling. Perhaps adding "CF" in front of "lesson" would sound less condescending. Seriously, I think you guys have gone on the wrong analytical track. Don't take my words for it. Check with your investment specialist (FMs, analysts, investment bankers or accountants) friends re what I said in multiple posts earlier. I wish I could explain better and clearer. All the best and take care.

Posted by Azshah > 2021-03-22 09:13 | Report Abuse

cg14134. I share your sentiment.

Posted by Azshah > 2021-03-22 09:15 | Report Abuse

Lots of comments here talk about how great the solar industry is and then just a pluck a figure from the air and used it as the value of PEB. All these bullish outlook is not supported by facts. Just some industry info and then they can magically come up with RM2+ per share. These are typical investors who already bought PEB now wants everyone to come in and support the price

Posted by Azshah > 2021-03-22 09:19 | Report Abuse

Until today, none of these bullish supporters can give an actual figure for the valuation of PEB. i.e. what is the value of reNikola being injected into PEB. Without that figure, nobody, and I say it again, nobody can acurrately say its undervalued.

Posted by Azshah > 2021-03-22 10:38 | Report Abuse

The following statement from techinvestormy is completely wrong and yet he is not aware of it and continue to peddle wrong info to the detriment of all those who read postings here....

"......Plus, we noticed that the new owners of PEB, a.k.a. the owners for the solar assets had acquired up to 38% of the company, which costs him or her approximately MYR 30 Million...."

Can anyone tell us what is wrong with the statement above ?

Posted by fscprops > 2021-03-22 13:00 | Report Abuse

No need to argue here, all investment have risk and we all know about it

Posted by fscprops > 2021-03-22 13:01 | Report Abuse

Some folks here just speculate that the return is higher than the risk, if you are scare of the potential lose, just put your funds in FD

Posted by Azshah > 2021-03-22 13:17 | Report Abuse

Can I ask what do you mean by risk ?. How do you know that the current price reflects the risk you have to take and as such by extension how do you value it relative to other equities ?


A generalized statement like "higher return for higher risk" does not impart any meaningful outcome.

Posted by fscprops > 2021-03-22 13:26 | Report Abuse

How much you willing to lose? That the risk for you

Posted by ucrst2140q > 2021-03-22 15:32 | Report Abuse

We all know it is not possible to buy at 1.07, if anyone know this price is risk free, everybody is queuing at that price

Posted by uemcapital > 2021-03-22 18:32 | Report Abuse

Popcorn time...

Well, anyhow don't said fa or ta or facts. Stock market is demand game . When the trend come. What is fa ta .

Looks good Average down , looks bad Throw it.

Time will shown the actual outcome.

No point to keep hitting around the bushes.

Everyone have their own statement. either Azshah or techinvestormy. Everyone is shareholder here . We are looking good for counter only.

Nobody know what's go next. But worries won't change the share price. Do what you should do only.

Posted by thisistheway > 2021-03-22 21:16 | Report Abuse

reject takeover offer la...

Posted by limweechui > 2021-03-23 10:30 | Report Abuse

Fly like rocket

Posted by limweechui > 2021-03-23 10:30 | Report Abuse

Wuhooo, nice counter

Posted by finsolution > 2021-03-23 10:33 | Report Abuse

Keep on going !!!!!! Tp 2 , tp 2

Posted by ValueInvestor888 > 2021-03-23 10:51 | Report Abuse

Wow, Very strong rebound. New owner quite powerful. Nonetheless, the mkt cap is small, very easy to push...

Posted by Goldberg > 2021-03-23 14:31 | Report Abuse

JUDGING BY THE PUBLIC INFORMATION GIVEN BY THE COMPANY AND SOME COMMON SENSE ON SHAREHOLDING, THE CHANCES OF PEB‘S RTO TURN SOUR ARE LOW. AND BASED ON PERSONAL EXPERIENCE BY STUDYING RECENT RTO CASES, WE HAVE NO CHANCE TO BUY AT A CHEAPER PRICE LATER ON, ONCE ITS GONE, ITS GONE.

THAT BEING SAID, THERE WERE NO CONTROLS ON WHEN WOULD PEB COMPLETE THE DEAL AS WELL AS THE MOVEMENT OF SHARE PRICE. DO YOUR OWN ANALYSIS AND MAKE WISE INVESTMENT DECISION.

MIND YOUR OWN RISKS WHEN INVESTING IN PIMPINAN EHSAN BERHAD (KLSE:PEB)


https://klse.i3investor.com/blogs/afsskylimit/2021-03-23-story-h1542931250-PEB_5622_IS_THE_SOLAR_GAME_A_HOAX_OR_REAL_DEAL.jsp

Posted by Rinshad26 > 2021-03-23 15:53 | Report Abuse

waiting to the sky