cakes,happy for u ,should hold a bit longer,rsi and macd reversing hopes today volume can surpass 3mil to test 3.38 again then big chance to 3.50 in few days
This is not trading stock, based on current cashflow and growth rate are still at 60% discounted price based on 2 stage cashflow to equity valuation model since they started venturing into construction, utilities and energy sector. Just buy and leave.
i guest Kpower's market value will surpass scib after coming q,both 13bil book order,but kpower net profit margin much higher than scib because it ventured into utilities/hydropower
Let the time prove the value of this stock for you.
More revenue and profit should be coming in next quarter.
The 1.5 month in previous quarter (April , May , June) was in MCO and CMCO.
Thus coming quarter is expected with more revenue and profit due to KL , LOAS , KANGSAR , and NEPAL project ! I am targetting 60 -70 mil revenue with RM 9- 10 mil PAT for next month
The largest shareholder, Dato Karim said "if u take exponential relations to that, to achieve 5bil market capitalisation over 5 years, I believe it is something which is achievable."
Kpower share price should surpass Scib if compare the management statement and prospect of both companies, Kpower's growing space look like more and more bigger in long term
Karim’s involvement is so that KPower would be able to leverage the business networking and expertise of Serba Dinamik to secure more EPCC contracts in the RE sector around the world, says Mustakim.
“Serba Dinamik is expanding very aggressively not only in Malaysia but throughout the world. So, by partnering with him (Karim), we have the opportunity to leverage Serba Dinamik’s business network.
“We will ride with them to seek opportunities in other continents. So, for us to achieve RM5 billion market capitalisation in five years is, I would say, very achievable.”
Besides mini hydropower plants, KPower is also looking at opportunities in solar, biomass and waste-to-energy (WTE) power plants. For now, however, KPower is focusing on securing mini hydropower plants because they are dependent on the availability of suitable rivers, which are finite in numbers. “Without rivers, even if you have the best technology, you cannot have a mini hydropower plant,” he says.
Nevertheless, KPower is bidding in the fourth round of the Large Scale Solar power plant (LSS4) tender, which was recently opened by the Sustainable Energy Development Authority (SEDA). The group is bidding for a 30mwac-capacity LSS as a concession holder.
1b contract value in 2020 plus 2b contract value in 2021 = 3b contract value, which provide about 3 to 4 years profit visibility. And this just the first two years performance after new management come in to Kpower.
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....
GLNT
551 posts
Posted by GLNT > 2020-09-11 18:30 | Report Abuse
what is 3.35? Presidential suite? Chicken feet. This is a multibagger in the making. Hold to your suite