Posted by Trader258 > 2021-06-25 12:18 | Report Abuse

Cheap sale ... buy while stock last...going to limit up anytime now whether a smelly company or not... Cepat2..

Posted by sayangawak > 2021-06-25 12:25 | Report Abuse

Guys,anyone still hold 1.00++?

Posted by Trader258 > 2021-06-25 12:30 | Report Abuse

Hotrod Don't know why people are discounting K-Power. Most of Kpower's projects are from TNB or Msia govt or foreign govt. There is no way they can fake the projects.

This counter will limit up when Serba stabilizes its share price.

Serba stabilise at what price ... ???? The big institutions are silly to simply clear their shareholdings t take profits, you think..? It's not about a few bad Qtrs results but a ' cook books ' company lah ...boleh faham? Any institutions will want to touch SD again, even with a 10 ft pole after this episode, you really think ..? It's a ' Slow Death ' for SD...

Posted by brian3381 > 2021-06-25 12:53 | Report Abuse

the longer u wait, the more loss u suffer. now stil equivalent to 3.12 before split. stil long way to go down!!!! haha

Posted by sayangawak > 2021-06-25 12:54 | Report Abuse

Guys, better run guys!

Posted by ytk666 > 2021-06-25 13:02 | Report Abuse

ya better run, can buy much cheaper later.

Posted by t_nike2002 > 2021-06-25 13:11 | Report Abuse

Until now certain retailers still don’t get it… if companies are run by the same DOUBTFUL integrity owner.. then obviously it’s hard to believe anything that is reported in the financial report or any announcement! STAY AWAY FROM ALL KARIM STOCKS (SERBA / SCIB / KPOWER)

Those who ask u to buy are those who r STUCK with Karim’s stock and hoping that other retailers can bail them out !

Posted by Topstar > 2021-06-25 13:28 | Report Abuse

Finger cross on any of Serbadk, Kpower or SCIB upcoming bond maturity date, which is next year. If any one of them couldn't raise enough cash via PP or loan in time and default on bond redemption, then it is really game over for all these companies. Remake of sudden collapse of London Biscuit where the CEO raising cash by borrowing and transferred all the monies from Lond Bisc into his own Sdn Bhd, fabricate financial statements, receivables & assets, and eventually default on loan payment amounting to only 1% of its total assets. They couldn't even pay loan which was 1% of their assets since all the data in financial statements were fake. The share price fell from RM0.665 to RM0.01 in less than a year before being delisted and wound up. Coincidentally London Bisc case was also red flagged by its usual auditor only after a few years auditing them, findings then re-affirmed by another auditor before it default on loan repayment and wound up a year later. All happened within a year. Beware when you put your money into scammer companies. They only wanna scam your money and nothing else.

Posted by roger3210 > 2021-06-25 14:11 | Report Abuse

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.
Source: AmInvest Research - 25 May 2021

Posted by NatsukoMishima > 2021-06-25 14:13 | Report Abuse

Can they submit report on time ? That s the last life jacket for them , if no means direct suspend until further notice n your money will be trapped for how long not sure , better cut loss before 4.45pm today ! Next week got no chance to run ready because millions sell q !

Posted by tallman > 2021-06-25 14:25 | Report Abuse

titanic is sinking, run lo

Posted by ExtremeFocus > 2021-06-25 14:46 | Report Abuse

Hi,

May I know who own these 4 companies?

Cabaran Hijau Sdn Bhd, Selat Serasi Sdn Bhd, Denai Delima Sdn Bhd and Koridor Mentari Sdn Bhd.


Tuesday, 27 Apr 2021

PETALING JAYA: KPower Bhd has bagged four contracts worth a total of RM510mil to build hydro power plants in Pahang and Perak.

In a filing with Bursa Malaysia yesterday, the group said its subsidiary – KPower Engineering Sdn Bhd – had accepted the letter of award from Cabaran Hijau Sdn Bhd, Selat Serasi Sdn Bhd, Denai Delima Sdn Bhd and Koridor Mentari Sdn Bhd.

These projects include KPower undertaking the engineering, procurement, construction, commissioning and completion (EPCC) of four mini-hydro power plants, of which two will have a capacity of 18.7MW and 13.9MW in Pahang. The other two will be in Perak at sizes of 12MW and 5.25MW.

Posted by sayangawak > 2021-06-25 14:48 | Report Abuse

Guys everything ok??

Posted by kfbusjd > 2021-06-25 15:01 | Report Abuse

paper loss 14k

Posted by ytk666 > 2021-06-25 15:03 | Report Abuse

batter throw now than paper loss.

Posted by shpg22 > 2021-06-25 15:03 | Report Abuse

That is tuition fee

Posted by aikinlai > 2021-06-25 15:04 | Report Abuse

Aiks....ealier on @ 1 June , i already mention this kind of serbak issue is like a flu. It will spread n effect the family member. Better hold n see instead of jump in. U dun know how low it can goes....

Posted by Jameslee Wah > 2021-06-25 15:11 | Report Abuse

Ha ha ha game over

Posted by NatsukoMishima > 2021-06-25 15:20 | Report Abuse

Report also not sure can submit on time still want talk about project ?? Pending suspend annoucement next week , boy !

Posted by NatsukoMishima > 2021-06-25 15:23 | Report Abuse

Your last chance to cut loss n run before 4.45pm today ! This is not a joke , just take back some capital before the door shut !

Posted by sayangawak > 2021-06-25 15:38 | Report Abuse

Guys are u ok?

Posted by Nathan27 > 2021-06-25 15:45 | Report Abuse

Cutloss already... thanks for killing me karim and EPF haha...those who haven’t cutloss, do so while u still can...

Posted by Hotrod > 2021-06-25 15:47 | Report Abuse

Fundamentally nothing wrong with this counter. Only temporary loss in confidence. Eventually, Karim will resign from board & slowly selldown down his stake to existing management.

Posted by KEENTRADER > 2021-06-25 15:57 | Report Abuse

Koyak now .... what a pity .... a ruin to the company ... moe curlly and larry

Posted by KEENTRADER > 2021-06-25 16:01 | Report Abuse

Wonder why SC is allowing this to happen>

Posted by yemes35202etoymail > 2021-06-25 16:12 | Report Abuse

kpower is k4rim

Posted by gorengking > 2021-06-25 16:19 | Report Abuse

serbadk down because cheating....what to do with kpower?? because karim?? kihkihkih

Posted by gorengking > 2021-06-25 16:19 | Report Abuse

True value investor will be very happy now....Happy collecting everyone...Next week i smell limit up

Posted by Michael R. > 2021-06-25 16:39 | Report Abuse

Told ya...
---------

Michael R. beware guys... if karim or awang got pressdown in SD, their only option could be to dispose shares at related companies to defend SD..
24/06/2021 2:23 PM

Posted by NatsukoMishima > 2021-06-25 16:42 | Report Abuse

Last 5 minutes for bilis to run , count down starts now , good luck all n wait for news after 5pm !

Posted by Hengoredi > 2021-06-25 16:45 | Report Abuse

In actual fact SB is dragging the whole market down, not related companies only.

Posted by sayangawak > 2021-06-25 17:00 | Report Abuse

Guys are u ok?

Posted by Michael R. > 2021-06-25 17:03 | Report Abuse

SERBADK and the gang drag down many... and...BURSA down broken support... MCO 3.0 towards end with still high infection and MCO extension unclear? Hope not... otherwise BURSA could take another beating 1500...

Posted by Michael R. > 2021-06-25 17:05 | Report Abuse

Need Gov's brilliant move next... Can we hope one? like no extension and full moratorium... pity shoplot traders ...and pasar malam traders... no income... seriously...

Posted by brian3381 > 2021-06-25 17:06 | Report Abuse

now the px is equivalent to rm3 before split. stil above my purchase px before splt ya.... haha... more downside ya

Posted by brian3381 > 2021-06-25 17:07 | Report Abuse

only thos bought b4 split at 2.xx made handsome gain... oredi purchased my c class. haha

Posted by fortunefire > 2021-06-25 18:23 | Report Abuse

kpower no growth no dividend. apa pun tak de

Posted by Fklim888 > 2021-06-25 18:35 | Report Abuse

Dont play fire ya....

Posted by Uniglo > 2021-06-25 19:29 | Report Abuse

Kpower will be downtrend in coming weeks.. investor losing confident. Next week Gap down

Posted by Loh Kok Wai W > 2021-06-25 19:46 | Report Abuse

The Three Stoogers Serdabak,Scib,Kpower.....all Fall Down today.......next week continue fall until go to PN17 Seven Star Hotel.....haha.

Posted by NatsukoMishima > 2021-06-25 21:09 | Report Abuse

Still got people believe in this counter , they even fighting insider already n many resigned no eyes see, monday 100% LD , u better q now to sell all , EPF also cant tahan the CEO style !

Posted by brian3381 > 2021-06-25 21:17 | Report Abuse

Director keep dumping free warants those acumulating warants is nut.

Posted by Solomon7 > 2021-06-25 23:08 | Report Abuse

New shareholder will surface if this stock drop another 30- 40%

Posted by sayangawak > 2021-06-25 23:39 | Report Abuse

Guys everything ok?

Posted by KEENTRADER > 2021-06-26 08:01 | Report Abuse

Soon will be goodbye to KP... directors of SD themsleves coulldnt take the toll... it's like you got problem it's none of my business..

Posted by Bgt 9963 > 2021-06-26 08:31 |

Post removed.Why?

Posted by sayangawak > 2021-06-26 08:36 | Report Abuse

Hi guys, are u guys ok?

Posted by Loh Kok Wai W > 2021-06-26 09:46 | Report Abuse

Director everyday Disposed.........this counter must die.........

Posted by beyond2288 > 2021-06-26 10:22 | Report Abuse

0:20 sen run

Posted by kfbusjd > 2021-06-26 10:29 | Report Abuse

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-06-25-story-h1567026581-Retraction_Apology_On_Kpower_7130.jsp