Posted by Bren21 > 2021-08-04 21:37 | Report Abuse

https://www.theedgemarkets.com/article/serba-dinamik-finally-appoints-nexia-ssy-plt-new-external-auditor-after-receiving-kpmgs-nod

Posted by Bren21 > 2021-08-04 21:38 | Report Abuse

Hope this work in this counters favor !!

Posted by misk_72 > 2021-08-04 22:34 | Report Abuse

Bren21..how the news of serbadk can affect kpower price gain

Posted by Jessie > 2021-08-05 08:39 | Report Abuse

好股不怕在低位建仓。

Posted by Bgt 9963 > 2021-08-05 08:56 |

Post removed.Why?

Posted by roger3210 > 2021-08-05 19:59 |

Post removed.Why?

Posted by calvintaneng > 2021-08-05 21:03 | Report Abuse

roger3210 buy buy. buy. buy
05/08/2021 7:59 PM

YOU ARE RIGHT ON!

Posted by calvintaneng > 2021-08-05 23:27 | Report Abuse

Climate change is real

See this https://www.globalcitizen.org/en/content/turkey-china-canada-photos-extreme-weather-climate/

Posted by Depeche > 2021-08-06 04:32 | Report Abuse

Just waiting for SD episode to end... after that, it's back to where it came from.... buy cheap now and just wait only.

Posted by Bgt 9963 > 2021-08-06 08:49 |

Post removed.Why?

Posted by Calvin84ng > 2021-08-06 09:55 | Report Abuse

Morning guy.

Posted by roger3210 > 2021-08-07 11:14 |

Post removed.Why?

Posted by iHunter > 2021-08-09 07:24 | Report Abuse

Good morning everybody.
Question to ask ourselves so that we can do some thinking. Is it true that the company unable to deny fact by PSAi3alert as per what market expected? Since it's not yet price-in, is it the price should much lower than serbadk?




PSAi3alert calvintaneng,

Perhaps too much working from home is causing your contacts to have temporary memory loss.

Both Mustakim Bin Mat Nun and Amirul Afif Bin Abd Aziz are indirect shareholders of One Hydro Power Sdn Bhd, which in turn is a wholly-owned subsidiary of OHP Ventures Sdn Bhd. In fact Mustakim Bin Mat Nun Amirul Afif Bin Abd Aziz, and Zainal Azwadi Zainal Abidin are also directors of OHP Group.

I will now answer those questions that have been posed.

When KPowernet accepted the award by Zhenghong for the Nam Taep 1,2,3 Hydropower Co Ltd ("NT") project valued at USD40.7M in June 2020, the same project that was awarded by NT to Serba, valued at USD66.2M, in July 2018 ought to have been terminated.

You just cannot sell the Brooklyn Bridge twice. Furthermore, Mustakim, Amirul and Zainal ought to know since all three of them are directors of the OHP Group and OHP Group has 35.7% stake in NT.

The impacts for Serba are now:

--->>> Serba will need to write-off RM20.99M from its receivables for the hydro power projects in Laos (FYE 2019: RM12.326M, 15months ended 31-03-2021: RM8.664M)

--->>> Serba will need to write-off RM3.36M (USD800,000) for it's 34.3% stake in NT because Zhenghong is now allegedly the owner for the hydro power plants (the 49% stake in OHP Ventures was purchased form OHPVSB in Oct 2018. OHP Ventures has 70% share in NT)

With the NT and Serba confusion out of the way, we will now try to understand the awards by Zhenghong Building Road and Bridge Construction Co Ltd.

KPowernet announced 2 awards by Zhenghong:
- USD40.7M in June 2020 (3x5 megawatt Nam Taep 1 and 3x5MW Nam Taep 2 hydropower project)
- USD15.88M in Feb 2020 (8 megawatt Nam Samoy hydropower project)

Zhenghong Building Road and Bridge Construction Co Ltd is a company registered by Zheng FuJun in Laos. Zheng Fujun has also registered 3 other companies in Laos - Lao Fanya Marble-Granite Rock Co. Ltd, Lao Fanya Agriculture Investments Co. Ltd and Lao-China Yuan Sheng Real Estate Development Co. Ltd.

None of those companies registered by Zheng FuJun has a power purchasing agreement with Électricité du Laos. Without a PPA in place, it will be impossible to obtain fundings.

Even with a signed PPA, funding will be challenging because of a situation of over-capacity of hydropower plants and debt levels that have resulted in the downgrading of the country's rating to CCC.

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.

For completeness sake, I have looked at the satellite images of the Nam Taep river at Sam Tai District, Houaphanh province; and Nam Lik river, Vientiane Province. Unfortunately, there is no evidence of hydropower plant construction activities in those areas.

I do have a couple of additional questions:

--->>> Question: How much of the USD40.7M (3x5 megawatt Nam Taep 1 and 3x5MW Nam Taep 2 hydropower project) contract has been recognized as receivables by KPower?

--->>> Question: How much of the USD15.88M (8 megawatt Nam Samoy hydropower project) contract has been recognized as receivables by KPower?

( p.s. Please ask your contact to update the information at https://www.ohpgroup.co/houaphan and https://www.ohpgroup.co/vientiane before they get more confused themselves)

Posted by calvintaneng > 2021-08-09 08:11 | Report Abuse

Good morning

Too much noise now. All will subside & things should get better

Posted by Bgt 9963 > 2021-08-09 08:51 |

Post removed.Why?

Posted by Ally Yee Min Ong > 2021-08-09 09:03 | Report Abuse

Time to buy back this little gem. ^^

Posted by Jessie > 2021-08-09 11:44 | Report Abuse

Calvin e&y 独立报告几时出？

Posted by vespa > 2021-08-09 19:48 | Report Abuse

Nepal project is dubious too. Rotten at the top with Serba ponzi scheme

Posted by calvintaneng > 2021-08-09 22:52 | Report Abuse

Don't simply pass judgment. Wait for all Receivables to be Turned into CASH Slowly then you will know

Posted by PSAi3alert > 2021-08-10 00:39 | Report Abuse

calvintaneng,

Now that vespa mentioned about Nepal, there was a RM207.84M contract to build a mini-hydropower in Solukhumbhu, Nepal.

The coordinates of project area are:
86 48’ 26” E to 86 51’ 34” E
27 29’ 09” N to 27 30’ 51” N

-->> Can you please check with your contacts on how much of the RM207.84M contract has been recognized as receivables?

-->> Satellite images of the project area are showing no construction activities in the project area.
-->> Can you please check if the project has been abandoned?



Thursday, May 14th, 2020

KUMPULAN Powernet Bhd (KPower) has bagged a US$48 million (RM207.84 million) contract from Ghaurishankar Power Development Pte Ltd (GPD) to build a mini-hydropower plant in Solukhumbhu, Nepal.

The contract will require KPower to design, build and commission a mini-hydropower plant with a capacity of 22.9MW.

KPower expects to complete the project within 36 months from the commencement date or not later than May 12, 2023, it said in an exchange filing yesterday.


calvintaneng Don't simply pass judgment. Wait for all Receivables to be Turned into CASH Slowly then you will know
09/08/2021 10:52 PM

Posted by Bgt 9963 > 2021-08-10 08:46 |

Post removed.Why?

Posted by PSAi3alert > 2021-08-10 17:41 | Report Abuse

calvintaneng,

In August 2020, KPower announced a RM192.68M project with Apex Makalu in Nepal.

The Mid-Hongu Khola A Hydropower Project was previously signed between Apex Makalu and CNEEC in Sep 2019.

However, on the 9th July 2021, Sanima Hydro and Engineering announced an agreement with Apex Makalu for Due Diligence for, again, the same Mid Hongu Khola – A Hydropower Project.

The coordinates of project area are:
86 51' 23" E to 86 53' 54" E
27 30' 51" N to 27 32' 08" N

-->> Can you please check with your contacts on how much of the RM192.68M contract has been recognized as receivables?

-->> Sanima just announced an agreement with Apex Makalu
-->> Can you please check if agreement between KPower and Apex Makalu is still in force or has it been terminated?

-->> Satellite images of the project area are showing no construction activities in the project area.
-->> Can you please check if the project has been abandoned?



23rd Sep 2019 - CNEEC's Press Statements

Mr. Chhabindra Parajuli, Commercial Consulate of Embassy of Nepal in China, and Mr. Zhao Hui, President of CNEEC witnessed the signing of EPC Contract for Nepalese Mid-Hongu Khola A Hydropower Project, which are undertaken by Mr. Kedar Nath Poudel Director of Apex Makalu Hydro Power Pvt. Ltd., and Mr. Ning Hui, Deputy General Manager of CNEEC No. 1 Business Department.


27th Aug 2020 - KPower's Press Statements

Kumpulan Powernet Bhd has secured a contract worth US46.2 million (RM192.68 million) for a hydropower project at Mahakulung VDC, Nepal.

In a bourse filing, the group said its wholly-owned subsidiary KPower International Ltd received a letter of award yesterday from Apex Makalu Hydro Power Pvt Ltd for the 22MW Mid Hongu Khola-A hydropower project in Nepal.

"The scope of work includes the engineering, construction, supervision, testing, commission, reliability test, remedy of defect during the defect liability period and provision of all equipment, both permanent works and temporary works in connection with the project," the company said.

The target completion date for the project is within 36 months from the commencement date, or not later than Aug 31, 2023.


9th July 2021 - Sanima's Press Statements

Sanima Hydro and Engineering (P.) Ltd signed a contract agreement with Apex Makalu Hydropower Ltd. for Due Diligence Study of Mid Hongu Khola – A Hydropower Project (22 MW) on 9th July, 2021. The project is located in Solukhumbu district, Province No.1 of Nepal. It has been planned as a run-of-river (RoR) type scheme with an installed capacity of 22 MW, design discharge at Q42.85 of 13.50 m3/sec, and gross head of 210.00 m.

Posted by Bgt 9963 > 2021-08-11 08:56 |

Post removed.Why?

Posted by calvintaneng > 2021-08-11 09:15 | Report Abuse

Happy morning

Posted by WallStBets > 2021-08-11 10:41 | Report Abuse

Im on -68% currently, and im not even worried. IT WILL GO UP! EARNINGS WILL DRIVE THE PRICE!!!! ALWAYS BE PATIENCE

Posted by Astute > 2021-08-11 10:53 | Report Abuse

Next QR coming out soon in 1 week +

Posted by calvintaneng > 2021-08-11 14:23 | Report Abuse

WallStBets correct

Invest with longer term in view excellent as Climate change stocks will be the ones to go for

Posted by Jessie > 2021-08-11 18:44 | Report Abuse

再跌再买再跌再买，哈哈

Posted by hantamking > 2021-08-11 20:21 | Report Abuse

Jessie must be buy alot ^^

Posted by Jessie > 2021-08-11 21:49 | Report Abuse

现在不买对不起自己咯，比起slvest samaidin, pekat 这些re epcc 公司真的便宜到笑

Posted by gloveisgreat > 2021-08-11 22:21 | Report Abuse

要有点耐心，便宜不能维持多久吧了

Posted by Mikecyc > 2021-08-12 07:43 |

Post removed.Why?

Posted by Bgt 9963 > 2021-08-12 07:50 |

Post removed.Why?

Posted by hantamking > 2021-08-12 09:46 | Report Abuse

see good kpower , matter of time only

Posted by piranha88 > 2021-08-12 12:51 | Report Abuse

Calvin also promoted AZRB. Now fallen to 23 sen

Posted by gbt_9428 > 2021-08-12 23:04 | Report Abuse

hahaha calvin good relations of NEXT management and with Ms P, but did not reply Ms P designation
Now Good relationship with Kpower management ka???

Posted by Bgt 9963 > 2021-08-13 08:57 |

Post removed.Why?

Posted by Jessie > 2021-08-13 09:30 | Report Abuse

好消息，听说E&Y 弄清楚10个客户的户口交易没问题了

Posted by gopiwira > 2021-08-13 16:26 | Report Abuse

Share prices, up and down
After Calvin promoted AZRB climb up to RM0.365

Posted by piranha88 > 2021-08-13 19:07 | Report Abuse

Yes, AZRB climb up to rm0.365. When Calvin promoted around that time it was 34sen. And after that all the way down.

Posted by calvintaneng > 2021-08-13 20:09 | Report Abuse

Yes Azrb went up but retraced as its palm oil mills in Indonesia closed for serving plus currency exchange losses impacted Azrb
Now with Cpo over Rm4000 Azrb should see better times

But why only highlight Azrb only and forgot Calvin also got Prestar at 43 sen See https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-07-06-story-h1509770267-PRESTAR_9873_Or_Pre_Star_Buy_Before_it_Turns_into_A_STAR_Calvin_Tan_Res.jsp

Prestar already up by over 100%

As for Kpower it is in the correct Industry of Climate Change

Buying Kpower now is like buying Prestar when it was 43 sen

So better don't miss Azrb & Kpower. These are now bargains not to be missed.

Posted by Bgt 9963 > 2021-08-14 08:41 |

Post removed.Why?

Posted by gbt_9428 > 2021-08-14 11:12 | Report Abuse

hahaha What will the price movement after 1month and also the hsare price after E&Y report Release at End of September?

calvintaneng Yes Azrb went up but retraced as its palm oil mills in Indonesia closed for serving plus currency exchange losses impacted Azrb
Now with Cpo over Rm4000 Azrb should see better times

But why only highlight Azrb only and forgot Calvin also got Prestar at 43 sen See https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-07-06...

Prestar already up by over 100%

As for Kpower it is in the correct Industry of Climate Change

Buying Kpower now is like buying Prestar when it was 43 sen

So better don't miss Azrb & Kpower. These are now bargains not to be missed.
13/08/2021 8:09 PM

Posted by ongmari > 2021-08-15 13:45 | Report Abuse

80+ coming soon. expect qtr results soon

Posted by Depeche > 2021-08-17 07:59 | Report Abuse

Kpower ready to charge... one final piece of news from EY will press LAUNCH... then we'll see KO-POWER

Posted by abang_misai > 2021-08-17 11:49 | Report Abuse

@calvintaneng, thank you for your research. I bought today at 0.725. Hope it can go up

Posted by sayangawak > 2021-08-17 17:46 | Report Abuse

QR out…sangkut

Posted by gbt_9428 > 2021-08-17 21:24 | Report Abuse

Kpower QR release next Monday, last QR good profit but after release share price keep falling down.
Serbark QR release next Wednesday, Same as Kpower, Serbark last QR good profit, but pshare price keep goes down, only wait E&Y report release end of september only know company good or bad
Save your money invest good stock instead follow calvin to buy NEXT lo :) :) :)

Posted by abang_misai > 2021-08-17 21:32 | Report Abuse

Wah. You are the boss kah? You know when results to be released?

Posted by mf > 2021-08-17 21:33 | Report Abuse

Dow falls more than 200 points as July retail sales decline