The Directors and Principal Office of Kpower has given notice to Bursa that that they will be dealing with shares of Kpower today. Is Karim buying or selling since he has said he is distancing himself from Kpower? My guess is Karim is selling and the others buying. Let's see if I am correct
@ Mush Joker Karim is distancing himself. to prevent further loss. then transfer all the opportunity to other director. still involve but is undercover ##
Same thoughts here. See the last transactions were all done at the same time
Bilis group have collected additional shares today.. Good price.. Hope will up tomorrow bcoz PM already confirmed come from BN. More investors will come.
KPOWER BERHAD (FORMERLY KNOWN AS KUMPULAN POWERNET BERHAD) ("KPOWER" OR "THE COMPANY") - EXECUTION OF LARGE-SCALE SOLAR PHOTOVOLTAIC POWER PURCHASE AGREEMENT WITH TENAGA NASIONAL BERHAD
SD already given a little hint if we analyze their latest response to the S&P downgrade...Dat Karim said the downgrade is temporary and they'll be able to have access to financing again once the SIR is completed. ... means they are confident everything will be settled eventually and soon.
If no confidence on the outcome of SIR, dato karim would have sold down and run away.
I believe there will still be some minor issues. Now you tell me which company can have perfect auditing? Sure there will be some issues here and there.
kpower is the safest bet on ongoing SB-KPMG saga. Outcome of SIR is unknown at this juncture.
The possible reasons why Kpower price tumbled last 2 months is because major shareholder kena margin calls in the Kpower due to their extensive exposure to SD & SCIB.
When their margin shrunk, banks could have force sold their Kpower shares or they themselves opted to sell kpower in a big way to rectify their margin position.
Kpower is a different entity and operate independently from SD. Growth stocks will experience high receivables. Compared to 2020, its revenue goes up 8 times while its receivables only up 5 times. It looks good to me.
The agreements are in relation to the LSS bidding cycle four organised by Suruhanjaya Tenaga in the second half of 2020 to develop, among others, the transmission-connected LSS projects which have a total capacity of 450 megawatts of alternating current (MWAC).
The SPCs are Asiabina Solar Sdn Bhd, Classic Solar Farm Sdn Bhd, GBS Suria Sdn Bhd, JAKS Solar Nibong Tebal Sdn Bhd, PKNP KPower Suria Sdn Bhd, Ragawang Power Sdn Bhd, Ranhill Solar I Sdn Bhd, TNB Bukit Selambau Solar Dua Sdn Bhd, and Uzma Kuala Muda Sdn Bhd.
The nine projects — located in Perak, Perlis, Penang, Pahang and Kedah — have scheduled commercial operation dates of March 30, Sept 29, Sept 30, Nov 30, Dec 30, and Dec 31, 2023.
Abang Misai, I am a novice in stock market and was attracted by your frank comment above. So yesterday I bought some at 7.90 but today it dropped to 7.75 ! Since you said KP is your major investment, please enlighten us why you put so much hope in KP when it is affected by Serba audit outcome ? Thanks
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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....
Bgt 9963
7,445 posts
Posted by Bgt 9963 > 2021-08-18 08:55 |
Post removed.Why?