Posted by Knilaobu > 2022-07-21 23:13 | Report Abuse

For those who have bought Toyo shares, so are we, at RM1 and above will be in suspend mode, with no clear direction, which way Toyo is heading to, is the project still on, if it is, how much longer to wait. @Just88, the Toyo sailang everything scenario is worrisome, if it happens, hell gonna break loose.

Posted by ValueInvestor888 > 2022-07-22 10:33 | Report Abuse

The Song Hau Coal Fired Power Plant II is 2,120MW coal fired power project. It is planned in Hau Giang, Vietnam. The project is currently in permitting stage. It will be developed in multiple phases. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2025.

The project is being developed by China Energy Construction Group and Toyo Ink Group. The project is currently owned by Toyo Ink Group.

It is a steam turbine power plant. The power plant can run on dual-fuel. The primary fuel being used to power the plant will be coal. In case of shortage of coal the plant will run on Diesel Oil.

The project cost is expected to be around $3,500m.

Development Status

The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2025.

Posted by ValueInvestor888 > 2022-07-22 11:13 | Report Abuse

The beauty of this power plant is it can run on dual-fuel. The primary fuel being used to power the plant will be coal. In case of shortage of coal the plant will run on Diesel Oil. This is a good power plant and high chance govt will approve. Many Europe gas power plant covered to oil power plant due to shortage of natural gas.

Posted by hng33 > 2022-07-22 11:22 | Report Abuse

:D)

Posted by Knilaobu > 2022-07-22 12:27 | Report Abuse

@hng33, thanks for info :)-
HEAD OFFICE (INVESTOR RELATION)
For inquiries relating to stock & company's information please reach the IR team at:
Toyo_IR@toyoventures.com.my
603- 8942 3335

will drop them an email to seek further clarification and updates of the project status. We are all hopeful to recoup our investment.

Posted by hng33 > 2022-07-22 12:44 | Report Abuse

What is your cost? I only bought last week 2 batch, at 70-71sen and 75sen

Posted by hng33 > 2022-07-22 12:47 | Report Abuse

All we need to know is awaiting toyo EGM notice, to divest 60% to china partner, formally start JV and accept banking facilities offer to start construction begin next year.

All become fruition in a matter of few nonth

Posted by Knilaobu > 2022-07-22 14:46 | Report Abuse

@hng33 Bought in price from RM1 - RM1.20 in multiple transactions, equivalent to a unit of Bentayga V8 version.

Posted by Knilaobu > 2022-07-22 14:47 | Report Abuse

@hng33 fingers crossed now. if can recoup and return of a Maybach equivalent soon?

Posted by ValueInvestor888 > 2022-07-22 15:11 | Report Abuse

toyo is on the way to RM 1....

Jaks still struggling with property and construction loss of RM 40m- 50m per year... despite power plant can bring them RM 150m profit...

Posted by hng33 > 2022-07-22 15:32 | Report Abuse

Everyone will get rewarded handomely

Posted by winlast > 2022-07-23 20:51 | Report Abuse

Coming Monday , can see the price of Toyo surging higher

Posted by winlast > 2022-07-24 13:55 | Report Abuse

Tomorrow going up to RM 80cts , not problem lah

Posted by hng33 > 2022-07-25 17:07 | Report Abuse

sold at 77-78sen, bought back at 72sen

Posted by Michael Kwok > 2022-07-25 17:20 | Report Abuse

There a minor rebound(2-3 cents) but it will down back.Sell call 74 cents tuesday.25 july.5.20pm.

Posted by teareader818 > 2022-07-25 20:22 | Report Abuse

Time to move up again?

Posted by winlast > 2022-07-25 23:29 | Report Abuse

Bankers are very smart in scaring those retails investors

Posted by hng33 > 2022-07-26 17:48 | Report Abuse

Today cut toyo at 67-69sen

Posted by hng33 > 2022-07-26 17:53 | Report Abuse

TA weakness

Posted by William Ng > 2022-08-09 23:16 | Report Abuse

downtrend. run..

Posted by $$ BUYSELL $$ > 2022-08-15 17:15 | Report Abuse

today very good closed 0.74 cents tomorrow rock n' roll.

Posted by mf > 2022-09-07 14:25 | Report Abuse

European markets set to slump at the open as recession fears grow

Posted by Knilaobu > 2022-09-26 14:06 | Report Abuse

pls read this latest news update from China Development and Reform Council dated 22nd September 2022 on coal fired power plants, may send chills down the spine to Toyo
https://chinadialogue.net/en/energy/chinas-no-new-coal-power-overseas-pledge-one-year-on/
Toyo has not updated on progress status of their Vietnam power plant till to-date, coming to year end already.

Posted by Knilaobu > 2022-09-26 14:20 | Report Abuse

An excerpt from the link:
https://chinadialogue.net/en/energy/chinas-no-new-coal-power-overseas-pledge-one-year-on/
............And apart from the 15 Chinese-built or funded coal power projects that were cancelled between September 2021 and April 2022, the country made no overseas coal power investments in 2021 or the first half of 2022...........

The FC status of Toyo coal-fired power plant ?

Posted by durio > 2022-10-02 15:12 | Report Abuse

https://www.google.com/amp/s/theinvestor.vn/news/ministry-proposes-inclusion-of-five-coal-fired-projects-in-new-power-plan-d1951.amp

Posted by durio > 2022-10-02 15:13 | Report Abuse

https://en.vcci.com.vn/investors-remain-determined-to-develop-thermal-power-plants

Posted by teareader818 > 2022-10-06 21:05 | Report Abuse

durio, the news on the Song Hau 2 power plant doesn't seem to be the latest, as both parties are now at the financial closure stage. However, from the report, it seems both parties are keen for the project to proceed. Will the date of financial closure be announced soon?


durio

https://en.vcci.com.vn/investors-remain-determined-to-develop-thermal-power-plants

Posted by imvu > 2022-10-17 15:50 | Report Abuse

0.560 / -wb 0.105 , market rebound , ikut rebound sekali :)

Posted by Knilaobu > 2022-10-17 21:45 | Report Abuse

BREAKING NEWS!!!!
https://en.vietnamplus.vn/ministry-not-putting-6-800-mw-of-coal-fired-power-in-draft-power-plan/240073.vnp

..............Meanwhile, five others which have a total capacity of 6,800 MW are facing difficulties in implementing and preparing capital, namely Cong Thanh, Quang Tri, Song Hau II, Nam Dinh 1 and Vinh Tan III.

On October 4-6, the ministry held working sessions with five investors of these mentioned-above projects, requesting them to provide specific written commitments from lenders no later than October 30, if they do not stop their projects...........'

Toyo is required to submit Lender's Commitment Letter by 30th October 2022 .........,,,,,,,,,,,, but according to Toyo's announcement to Bursa dated on 7th July 2022, Toyo has successfully achieved financial close, such a contradictory statement. Something serious is brewing ???

Posted by teareader818 > 2022-10-19 17:45 | Report Abuse

@Knilaobu, for late submission, greasing required for approval?

Posted by imvu > 2022-10-20 17:03 | Report Abuse

spike spike on the way :)

Posted by imvu > 2022-10-26 09:49 | Report Abuse

yay -wb sudah pump pom pump

Posted by Bursascreener > 2022-10-26 14:55 | Report Abuse

Trendline breakout + 20 Days moving average crossover, If price sustains above the 0.640, we can see a good upside momentum. Follow for more technicals. or visit my profile.

Posted by Vicky > 2022-10-26 18:05 | Report Abuse

Hello deadline looms on 30 Oct for Toyoven to submit lender's commitment letter. Otherwise all rally bungkus !

Posted by Knilaobu > 2022-10-26 20:23 | Report Abuse

30 Oct is barely 72 hours away minus the weekend, the clock is ticking. Keep the moment silent till breaking news from Toyo, either surprise or decry, all going to Bungkus Kaw-Kaw kopitiam !

Posted by Michael Kwok > 2022-10-26 20:52 | Report Abuse

Price 64 cents
See the 58.5 cents can be substain.if not bye bye.
26/10/22 8.52pm

Posted by Vicky > 2022-10-27 08:01 | Report Abuse

Crash soon...if project fails

Posted by imvu > 2022-10-27 15:34 | Report Abuse

-wb sudah cecah 0.170 , billionaire !

Posted by Vicky > 2022-10-31 10:58 | Report Abuse

Aiyooo...mana ada crash. False alarm ?

Posted by teareader818 > 2022-10-31 17:19 | Report Abuse

Is project still on? Anyone care to explain?

Posted by Knilaobu > 2022-10-31 20:40 | Report Abuse

hmm........this is like a HK TVB series with open ending/conclusion ........ @ teareader818, I think the only party to answer your question, is none other than Toyo BOD !! it's everybody's long overdue answer too.

Posted by teareader818 > 2022-10-31 23:14 | Report Abuse

@Knilaobu, personally project on or off?

Posted by Knilaobu > 2022-11-01 11:27 | Report Abuse

Toyo's recent announcements which left with unresolved development, an open ending with scenarios of 'possible' or 'impossible' to carry on. Being minority shareholders, we just keep our fingers crossed, no reservation needed to join 'bungkus kaw-kaw'.

Posted by teareader818 > 2022-11-09 10:58 | Report Abuse

Toyo finall taking off? Good news ahead?

Posted by teareader818 > 2022-12-01 00:55 | Report Abuse

Knilaobu, your thoughts on the chances of Share Sale Agreement signed by the Vietnese government?

Posted by teareader818 > 2022-12-08 22:06 | Report Abuse

Positive news?

Posted by GHOSTVISION > 2022-12-20 01:31 | Report Abuse

The Ghost.

Chúng tôi sẽ đưa tin về công ty thú vị này vào năm 2023. Tôi nghĩ công ty này sẽ mang lại số tiền lớn cho các cổ đông.

Ghost chúng tôi có thể đến Việt Nam bất cứ lúc nào!

theo dõi
Con ma

Posted by ValueInvestor888 > 2022-12-21 14:55 | Report Abuse

congrat to those bought at 70 sen and below...

Posted by ValueInvestor888 > 2022-12-21 17:50 | Report Abuse

today up 18%, can get abalone not just Starbucks

Posted by teareader818 > 2022-12-23 11:16 | Report Abuse

Ghostvision, looks like fight for control going on between certain parties, don't you think?