With the pace of the government's new southward policy, the Global Microgrid Technology Company (GMGT) under Lycee International has focused on solar energy in the first phase, and has deployed Malaysia, Thailand, Vietnam, Indonesia and other countries. Among them, the well-known Malaysian group KPower took advantage of this business opportunity and signed a NT$3 billion memorandum of cooperation with GMGT to prepare to build a more complete microgrid. GMGT stated that it will formally sign a contract with KPower Investment Group on the 23rd.
GMGT operations will lock in wind, hydropower and geothermal projects, and plan to integrate investors and various types of microgrid power generation in the most suitable places in Southeast Asia. In Taiwan, it plans to cooperate with major energy storage manufacturers to enable Taiwan-related manufacturers to become the global renewable energy power generation supply chain.
"We expect to further increase our orderbook by RM2.0 billion by the end of financial year 2021" means total order book increase to RM2 bil from RM1.4 bil? Or it means will increase another RM 2 bil, then total order book rise to more than RM 3 bil?
Due to cost of SOP and covid affect construction completion time in Malaysia and overseas, and base on what management said they hope their PAT can still around 8-10%, I think next two quarter will be at between 8% to 8.6%.
If you look at tother renewable players, their PE is much higher than 20.Kpower has a chance to beat rm4. 16 if you consider the global reach of its management and connections with serba dinamik
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....
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Posted by mf > 2020-10-28 20:06 | Report Abuse
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