Posted by Astute > 2021-05-24 22:14 | Report Abuse

One thing to note is that the target of the PP is to reach RM100million, meaning if the share price is higher, there will be less dilution as less shares are needed to reach the 100m mark.

Knowing this, I think it is of the best interest that the share price go up, both for investors and the management

Posted by brian3381 > 2021-05-24 22:22 | Report Abuse

Who the bloody hell said pp at rm1? It is 2.05!!!!!! Yahoooo

Posted by brian3381 > 2021-05-24 22:22 | Report Abuse

That bloody hell go hiding in rubish jaksai ka. Hahahaha

Posted by brian3381 > 2021-05-24 22:26 | Report Abuse

2.05 for 100m. Means not many shares isied. Not very dilutive. No wories b hapy

Posted by greencode > 2021-05-24 22:28 | Report Abuse

Pp die

Posted by brian3381 > 2021-05-24 22:30 | Report Abuse

Up loh. Apa lagi. Pp for working capital ma. Growing company ma

Posted by kfbusjd > 2021-05-24 23:07 | Report Abuse

push up the price so that pp price higher.

Posted by Wiser114411 > 2021-05-24 23:40 | Report Abuse

If they need to raise 100 million thru 49 million shares ( 10.8 percent) the price per share shud be Rm2.05. 10 percent discount shud be 1.80. Now the price is 1.64.

Posted by AnsonLiew > 2021-05-25 08:29 | Report Abuse

good luck gg go holland

hahahahahahahahahahaha

run for ur life

Posted by Newbieinshare > 2021-05-25 09:13 | Report Abuse

Buy buy buy. They need to sell the PP at above rm2 in order to raise 100M ringgit from PP

Posted by linjie > 2021-05-25 09:15 | Report Abuse

someone is going to tiu ku ku

Posted by Newbieinshare > 2021-05-25 09:16 | Report Abuse

Wah 3klot at 1.65 and 1.66 kena sapu

Posted by linjie > 2021-05-25 09:17 | Report Abuse

tiu kku ku tiu ku ku

Posted by Newbieinshare > 2021-05-25 09:19 | Report Abuse

1.7 now. Anson liew. No cheap ticket for u la. I asked my gang not to sell and makan up

Posted by Cakes Moon > 2021-05-25 09:20 | Report Abuse

All in!!!

Posted by GLNT > 2021-05-25 09:23 | Report Abuse

Ansonliar promised to disappear. Oh, he’s a liar, he’ll come back.

Posted by Newbieinshare > 2021-05-25 09:31 | Report Abuse

Ansonliew...... all his insider news are unreliable and fake. He is hiding now. He will only appear when kpoeer is in red

Posted by Newbieinshare > 2021-05-25 09:32 | Report Abuse

Haha he said if todsy price no crash he will disappear. Good

Posted by Maxtrader > 2021-05-25 09:40 | Report Abuse

he should have tiok his gugu before disappear man

Posted by nmsfqi > 2021-05-25 09:58 | Report Abuse

ASSonLiew apparently crying father mother at JAKS. Bought weak fundamentally company shares, ESOS cheap cheap. Sure bloodbath. Lolololol!

Posted by linjie > 2021-05-25 10:28 | Report Abuse

I scare he tiok too many time, till can't see d

Posted by power88 > 2021-05-25 10:58 | Report Abuse

AnsonLiew illustration price only la Lol

not the actual issue price

price sure crash

i invest 10 year never see price can up after pp annouce

go check the trade record of u find a stock go up after pp announce in Malaysia market i cut my gugu
24/05/2021 9:07 PM

Posted by power88 > 2021-05-25 10:58 | Report Abuse

AnsonLiew rip all gg go holland

if tomorrow market open price no crash i disappear from tis forum Lol
24/05/2021 9:09 PM

Posted by power88 > 2021-05-25 11:04 | Report Abuse

KPower - Proposes private placement of up to 11% new shares
Author: AmInvest | Publish date: Tue, 25 May 2021, 10:39 AM

Investment Highlights
We maintain our BUY call, forecasts and fair value of RM2.47/share based on 18x revised FY23F EPS. We value KPower at a discount to the average forward 20x PE of leading renewable energy players globally to reflect: (1) KPower being a relatively new player in this space; and (2) its relatively small market value. No ESG-related adjustments to our fair value based on a 3-star rating as appraised by us (Exhibit 2).

KPower has proposed a private placement of new shares of approximately 10.8% of its outstanding shares or 48.8mil shares at an indicative issue price of RM2.05/share. The RM100mil proceeds from this exercise are mainly earmarked for working capital (i.e. 50MW LSS4 power plant, mini hydropower plants and other upcoming projects).

Based on our estimates, the gross proceeds of RM100.0mil will increase KPower’s net cash position to RM163.5mil (or 25 sen/share) from RM63.5mil (or 10.5 sen/share) as at 31 March 2021.
Meanwhile, based on our calculation, the new shares will dilute its FY23F core EPS by 6% as a 10.8% expansion in the share base more than offset a 2% earnings enhancement arising from interest income (based on an interest rate assumption of 2%). Assuming the deal is to be completed, our fair value shall fall to RM2.33 based on the same valuation basis. We are neutral on this development.

YTD for FY21F (June), KPower has secured jobs worth a total of RM1.2bil, which is still within our annual job wins assumption of RM1.4bil for FY21-23F (vs. KPower’s guidance of RM2.0bil for FY21F). The group’s outstanding construction order book stands at about RM2.0bil.
We continue to like KPower for: (1) the bright prospects of renewable energy, underpinned by the global trends towards clean and sustainable energy and carbon neutrality to combat climate change; and (2) its strong earnings visibility and growth potential underpinned by its RM2.0bil order backlog on green utility projects, coupled with a massive tender book of RM3.4bil.
At about 12x fully-diluted FY23F earnings, we believe that this homegrown renewable energy player has a compelling investment case given its involvement in the green sector where the growth trajectory is just beginning.

Posted by power88 > 2021-05-25 11:05 | Report Abuse

Target price 2.47....

Posted by LossAversion > 2021-05-25 11:08 | Report Abuse

No point keep on highlighting its TPX.XX.
Those who know and value its intrinsic would have been holding tight and topping up. Those impatient would have followed Anson.

Posted by brian3381 > 2021-05-25 11:26 | Report Abuse

haha, sorchhaaai anson stil wan to said run ka?

Posted by power88 > 2021-05-25 11:41 | Report Abuse

anson now keep selling push down below 1.65

Posted by nmsfqi > 2021-05-25 12:09 | Report Abuse

RIP ASSonLiew, my little dog.

Posted by KEENTRADER > 2021-05-25 15:45 | Report Abuse

Poor Anson everybody is targetting him!

Posted by linjie > 2021-05-25 16:29 | Report Abuse

anson show us ur kuku

Posted by nmsfqi > 2021-05-25 16:41 | Report Abuse

ASSonLiew now crying father mother at JAKS. Bloodbath. ESOS coming damn cheap. Sure ASSonLiew got trapped. Lolololol!

Posted by Newbieinshare > 2021-05-25 17:00 | Report Abuse

Anson liew alrdy owed us many gugubird liao

Posted by kfbusjd > 2021-05-25 17:40 | Report Abuse

and he says quit this forum , Lets see

Posted by Psyduck > 2021-05-25 18:13 | Report Abuse

@Anson Liew
do u ready to cut your gugu bird? such a pity beggar :(

Posted by Safirdhaus > 2021-05-25 18:29 | Report Abuse

Where is anson always yan inson matekajim

Posted by Rayyan > 2021-05-25 19:35 | Report Abuse

Hahahaa. Funny. Last time i mentioned toAnson, PP which he so afraid will be a book building. . See now, the indicative is higher that is the proof !!

Posted by rr88 > 2021-05-25 20:50 | Report Abuse

Downtrending. Tp 1.10. Sell.

Posted by pang72 > 2021-05-26 13:54 | Report Abuse

rr88 Downtrending. Tp 1.10. Sell.
25/05/2021 8:50 PM

RR88,
HARDLY WE GOT THE SAME OPINION..

THIS IS THE ONLY ONE!!

Posted by brian3381 > 2021-05-26 14:17 |

Post removed.Why?

Posted by DannyArcher > 2021-05-26 14:44 | Report Abuse

rr88 sounds like Anson Liew.

Posted by Zackmeiser > 2021-05-26 18:27 | Report Abuse

Some announcement by kpower today. Scared price drop tomorrow.

By the way pp of 2.05 is rather optimistic.

Posted by Newbieinshare > 2021-05-26 18:38 | Report Abuse

https://www.klsescreener.com/v2/news/view/833103/kpower-says-it-is-run-independently-from-serba-dinamik-as-the-latter-s-auditors-flag-statutory-audit-matters

Posted by Newbieinshare > 2021-05-26 18:40 | Report Abuse

KPower says it is run independently from Serba Dinamik as the latter's auditors flag statutory audit matters
TheEdge Wed, May 26, 2021 06:15pm - 23 minutes ago


KUALA LUMPUR (May 26): KPower Bhd says today that the group and Serba Dinamik Holdings Bhd are two distinct and separate entities that are run independently of each other, save for having the same major shareholder and director in Datuk Dr Mohd Karim Abdullah.

In a statement, KPower said Mohd Karim, as its non-independent and non-executive chairman, is also not involved in the day-to-day operations or management of the group. Mohd Karim is group managing director and chief executive officer at Serba Dinamik. Mohd Karim holds a 26.93% stake in Serba Dinamik as at March 19, and has 32.14% in KPower as at Jan 14.

"With the exception of sharing the same Company Secretary, KPower also engages a different set of professional advisors such as external auditors, transaction lawyers, and Public Relations & Investor Relations firms for the group’s business and other corporate matters," KPower said.

It said it was making the clarification after receiving various inquiries in relation to Serba Dinamik's announcement on Tuesday (May 25) that the latter was starting a special independent review, after its board was informed by its external auditors on some matters pertaining to statutory audit.

In its announcement filed to Bursa Malaysia, Serba Dinamik said it was in the midst of appointing an independent firm to start the special review to assess the veracity and accuracy of the matters, but did not divulge what they were. According to Serba Dinamik's Annual Report 2019, its auditor is KPMG PLT.

KPower, meanwhile, said it is headed by group managing director Mustakim Mat Nun, and is supported by a team of professional managers that do not hold any position in Serba Dinamik and vice versa.

"To date, KPower has had no recurrent related party transactions (RRPTs) with Serba Dinamik. Any and all RRPTs have only been between the Group and OHP Group Sdn Bhd, a private vehicle owned by the group’s managing director, and the group’s chief financial officer Amirul Afif Abd Aziz.

All projects sourced by KPower is without any involvement from Serba Dinamik," it added.

KPower shares closed 4 sen higher at RM1.69 on Tuesday (May 25), giving it a market capitalisation of RM764.44 million, while Serba Dinamik settled unchanged at RM1.61, valuing the group at RM6 billion.

Posted by SureWin1Woh > 2021-05-26 19:26 | Report Abuse

Before this, co so eager to ride on Karim's Midas touch. Now, trying to distant away...

Posted by DannyArcher > 2021-05-26 19:37 | Report Abuse

looks like a good buying opportunity for tomorrow.

Posted by brian3381 > 2021-05-26 20:23 | Report Abuse

Beter la. At least kpower said sth. I think scib badly afected cos most project sub from serba

Posted by OldWiseMan100 > 2021-05-26 20:39 | Report Abuse

Both are unrelated, only share a single majority shareholder. Both have different auditors, management, lawyers, offices, team and more.

Therefore tomorrow is a good buying opportunity.

Posted by SureWin1Woh > 2021-05-26 21:45 | Report Abuse

Old but not wise.
U think KPower and SCIB can be at current market cap without string from Karim. Both fortunes changed only upon Karim's entry into them. B4 that, both were dead fish

Posted by birkincollector > 2021-05-26 21:48 | Report Abuse

price will be affected no matter what......with over 30% of shares, its juvenile to think karim has no says in the operations