since u have a good talk with kpower top management mind to answer below questions on behalf of kpower top management????
no dare to answers???
Question: How can Zhenghong award the same project to KPowernet for US$40.7mil in June 2020, when NT already awarded the project to Serba for USD66.2M in July 2018?
Question: Has NT terminated the contract that was previously signed with Serba?
Nam Samoy Hydropower Co. Ltd. was already listed at the developer of the Nam Samoy project that was intended to qualify as a CDM project in a 2014.
Question: How can Zhenghong award the same project to KPower in Feb 2020?
Question: Is there any evidence to show that Zhenghong has signed PPAs with Électricité du Laos for both projects?
Question: Since Fitch has downgraded Laos country rating to CCC, how are the projects going to be funded?
I am not asking about Renewable Energy, Green Energy or Hydropower.
You said that you have spoken Encik Muhammad Syukri and Cik Sarah Azreen.
Since you have contacts with them, can you please ask them a few simple questions.
The questions are:
In July 2018, Serba got awarded a USD66.2M project by "NT" for the 3x5MW Nam Taep 1 and 3x5MW Nam Taep 2 hydropower energy facility
In June 2020, KPower announced the award by Zhenghong Building Road & Bridge Construction Co Ltd for the 3x5 megawatt (MW) Nam Taep 1 and 3x5MW Nam Taep 2 hydropower energy generating facilities
--->>> Question: How can Zhenghong award the same project to KPowernet for US$40.7mil in June 2020, when NT already awarded the project to Serba for USD66.2M in July 2018?
--->>> Question: Has NT terminated the contract that was previously signed with Serba?
Nam Samoy Hydropower Co. Ltd. was already listed at the developer of the Nam Samoy project that was intended to qualify as a CDM project in a 2014.
--->>> Question: How can Zhenghong award the same project to KPower in Feb 2020?
--->>> Question: Is there any evidence to show that Zhenghong has signed PPAs with Électricité du Laos for both projects?
--->>> Question: Since Fitch has downgraded Laos country rating to CCC, how are the projects going to be funded?
--------------------------
calvintaneng
Good morning to Information and all here
Yes. This is the correct way to find the truth.
During the one hour conversation with Kpower Management they only mentioned Serba briefly.
And they are into the Renewable Energy sphere which is Green Energy. And the cleanest of the green energy is Hydropower long before Solar power became popular.
Since I already interested in biodisel through palm oil it just "CLICKED" that KPOWER is the Company with a Bright Sunrising Future. I "SEE" the potential in KPOWER and I think after all the noise is over KPOWER should see very fast exceptional growth 22/07/2021 8:08 AM
calvintaneng I spoke to Encik Muhammad Syukri, Cik Sarah Azreen & others in a One to One Talk with Kpower Management & came away very positive about the Bright Future Prospects of Kpower.
They are all nice decent Business People
Kpower is doing real business in the Renewable Energy Field
Hydropower is among their earliest expertise before even Solar energy turned popular
again.. I would remind people, Dont Be FOOLED by number and amount of contract received.. a very good example. Sapula.. with King Shahril at the helm.. got tons of Billion Dollar project (over 10b) at hand, flying all over the world lavish spending.. yet PROFIT PEANUTS !!.. .. they won by thin margin, useless, makan duit GLC who blindly support this bumi companies. Malaysia Boleh land.
BTW..if you look at old posting.. I was here earler when price still below 2.00, promoting this stock when not people around only me and very few.. but now, no more. Its too expensive already, and having Karim management style become clearer..
In July 2018, Serba got awarded a USD66.2M project by "NT" for the 3x5MW Nam Taep 1 and 3x5MW Nam Taep 2 hydropower energy facility
In June 2020, KPower announced the award by Zhenghong Building Road & Bridge Construction Co Ltd for the 3x5 megawatt (MW) Nam Taep 1 and 3x5MW Nam Taep 2 hydropower energy generating facilities
--->>> Question: How can Zhenghong award the same project to KPowernet for US$40.7mil in June 2020, when NT already awarded the project to Serba for USD66.2M in July 2018?
--->>> Question: Has NT terminated the contract that was previously signed with Serba?
Nam Samoy Hydropower Co. Ltd. was already listed at the developer of the Nam Samoy project that was intended to qualify as a CDM project in a 2014.
--->>> Question: How can Zhenghong award the same project to KPower in Feb 2020?
--->>> Question: Is there any evidence to show that Zhenghong has signed PPAs with Électricité du Laos for both projects?
--->>> Question: Since Fitch has downgraded Laos country rating to CCC, how are the projects going to be funded?
--->>> Question: How can Zhenghong award the same project to KPowernet for US$40.7mil in June 2020, when NT already awarded the project to Serba for USD66.2M in July 2018?
--->>> Question: Has NT terminated the contract that was previously signed with Serba?
Nam Samoy Hydropower Co. Ltd. was already listed at the developer of the Nam Samoy project that was intended to qualify as a CDM project in a 2014.
--->>> Question: How can Zhenghong award the same project to KPower in Feb 2020?
--->>> Question: Is there any evidence to show that Zhenghong has signed PPAs with Électricité du Laos for both projects?
--->>> Question: Since Fitch has downgraded Laos country rating to CCC, how are the projects going to be funded?
Some of the projects of Kpower are a spin off from Serbadk. If Serbadk goes down, Kpower will also be affected. Karim has now decreased his shares in Kpower to show that Kpower and Serbadk are in no way connected. Would Kpower still bag big projects now that Karim is distancing himself from Kpower.
Calvin has given kpower a TP of rm2 but he has qualified it by saying if kpower gets its receivables turned into cash. As of the last qr dated 31.3.2021, the current receivables was Rm183million
--->>> Question: How can Zhenghong award the same project to KPowernet for US$40.7mil in June 2020, when NT already awarded the project to Serba for USD66.2M in July 2018?
--->>> Question: Has NT terminated the contract that was previously signed with Serba?
Nam Samoy Hydropower Co. Ltd. was already listed at the developer of the Nam Samoy project that was intended to qualify as a CDM project in a 2014.
--->>> Question: How can Zhenghong award the same project to KPower in Feb 2020?
--->>> Question: Is there any evidence to show that Zhenghong has signed PPAs with Électricité du Laos for both projects?
--->>> Question: Since Fitch has downgraded Laos country rating to CCC, how are the projects going to be funded?
--->>> Question: Since Fitch has downgraded Laos country rating to CCC, how are the projects going to be funded?
The background to the question is that Laos' ambitions to become 'Battery of Southeast Asia' has been derailed by a situation of over-capacity of hydropower plants and debt levels that have resulted in the downgrading of the country's rating to CCC.
Between 2021 to 2023, Laos faces USD 1 billion in external debt servicing payments each year and its foreign reserves is only about USD 1.2 billion as at April 2021.
Of the 90 hydropower plants that have been planned, 56 plants are in operation with a total capacity of 8,768 Megawatts. Thailand and Yunnan Province in China have had an electricity surplus in recent years and have reduced their demand from Laos.
In the above context of dams without demand and poor credit rating, how are the planned projects going to be funded.
Whether Fitch is right or wrong in regard to CPO prices is irrelevant to the funding question.
calvintaneng Jessie
Still waiting for answers
As for Fitch downgrading Laos you must also know Fitch also wrongly downgraded Cpo to less than Rm2,600 by 2nd half of 2021
FITCH was wrong
See Fcpo prices firmly above Rm4,000 (Not Rm2,600)
once share price up.. everyone claim credit on his selection and recommendation ...we need to do our own study instead of listening other without thinking
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....
Jessie
522 posts
Posted by Jessie > 2021-07-22 08:46 | Report Abuse
calvin别假假看不到
since u have a good talk with kpower top management mind to answer below questions on behalf of kpower top management????
no dare to answers???
Question: How can Zhenghong award the same project to KPowernet for US$40.7mil in June 2020, when NT already awarded the project to Serba for USD66.2M in July 2018?
Question: Has NT terminated the contract that was previously signed with Serba?
Nam Samoy Hydropower Co. Ltd. was already listed at the developer of the Nam Samoy project that was intended to qualify as a CDM project in a 2014.
Question: How can Zhenghong award the same project to KPower in Feb 2020?
Question: Is there any evidence to show that Zhenghong has signed PPAs with Électricité du Laos for both projects?
Question: Since Fitch has downgraded Laos country rating to CCC, how are the projects going to be funded?