Posted by teareader818 > 2023-02-25 15:08 | Report Abuse

Perhaps Durio has more info to share?

Posted by Stocker > 2023-02-27 15:27 | Report Abuse

gogogo

Posted by Just88 > 2023-02-28 10:41 | Report Abuse

Song Hau 2 thermal power plant is very lucrative. That is why EXIM bank willing to fund this overseas power plant project.

Posted by Just88 > 2023-02-28 15:32 | Report Abuse

It is wise for Malaysia to finance this power project as it is the last few of BOT project that has the guarantee of MOIT and governed by international laws. And these PPA also has very high project IRR.

Posted by Just88 > 2023-02-28 15:32 | Report Abuse

It is wise for Malaysia to finance this power project as it is the last few of BOT project that has the guarantee of MOIT and governed by international laws. And these PPA also has very high project IRR.

Posted by Vicky > 2023-03-01 10:35 | Report Abuse

Loss making company. Gonna melt down soon

Posted by Just88 > 2023-03-01 17:18 | Report Abuse

Insiders have first hand information on the progress of the financing status.

Posted by Just88 > 2023-03-01 17:18 | Report Abuse

They will buy before the news

Posted by Just88 > 2023-03-02 10:32 | Report Abuse

Formal EPCC agreement signed !

Posted by Knilaobu > 2023-03-02 10:39 | Report Abuse

All boils down to whether financing can be secured! Got to wait for news from EXIM Bank now, what's the financing status.

Posted by Just88 > 2023-03-02 12:22 | Report Abuse

There should be more news unfolding soon.....

Posted by Just88 > 2023-03-02 12:26 | Report Abuse

SH2 power plant if successful will be a jackpot for Toyoven

Posted by Vicky > 2023-03-02 16:43 | Report Abuse

Those who greed will suffer tremendous mental distoture due to meltdown

Posted by Just88 > 2023-03-02 17:04 | Report Abuse

Any news ?

Posted by Bullcoming > 2023-03-02 19:44 | Report Abuse

Could be dealer press down to collect more

Posted by firehawk > 2023-03-03 08:55 | Report Abuse

No doubt, this ctr now is the subject of manipulation .... just like JAKS five years ago :D

Posted by firehawk > 2023-03-03 14:12 | Report Abuse

WA expires on 09Nov this year end, if they keep the price above 1.50 (at least at that time), there would be conversion that could bring in >80m ..... otherwise WA would be ended as waste paper and they get nothing ;D

Posted by teareader818 > 2023-03-09 20:24 | Report Abuse

Very positive news! Don't forget PECC2 is a Vietnamese state-owned company. Announcement of financial closure won't be far off.

Posted by Just88 > 2023-03-10 09:55 | Report Abuse

safer to enter after financial close

Posted by ValueInvestor888 > 2023-03-10 19:10 | Report Abuse

PECC2 is a subsidiary of Vietnam Power which is state owned.
Vietnam is in need of this power plant as they are still importing power from China and Laos.
Site compensation will complete it in the second quarter of 2023.

All these are positive signs. Share price up from 60sen to RM 1.40 in last few months. More news will be out in next few months.

Posted by Just88 > 2023-03-10 20:05 | Report Abuse

Aminvest expects the financial closing to be end of Q1 2023. My expectation is Toyoven needs to get everything done before 24th June 2023 which is likely to be the 6 months extension granted after vietnam received the letter of interest from EXIM bank of malaysia.

Posted by Knilaobu > 2023-03-11 10:46 | Report Abuse

Awarding contracts are flying around everywhere. The crux of giving contracts is the source of funds, ie financing. Contractors will be very concerned on payment security, ie proof of funds, while securing financing is yet an unknown.

Posted by teareader818 > 2023-03-11 18:36 | Report Abuse

@ Knilaobu, are you still having your Bentayga-sized investment in Toyovan?

Posted by Knilaobu > 2023-03-12 20:36 | Report Abuse

With no news on certainty for FC, anybody with a reasonable mind will square off and not take position till some light seen in the FC progress. So far, hear no news, see no stars.

SVB fallout spreads around world from London to Singapore https://www.thestar.com.my/aseanplus/aseanplus-news/2023/03/12/svb-fallout-spreads-around-world-from-london-to-singapore#.ZA2hynOCAkU.whatsapp
If the collapse of 2 major banks in US continues to intensify, making liquidity even more challenging in the financial sector, apart from the ESG Act. Is there FC or fallacy!

Posted by teareader818 > 2023-03-13 05:18 | Report Abuse

Thanks for your answer.

Posted by teareader818 > 2023-03-13 17:02 | Report Abuse

I think financing for the project has been secured only waiting to be announced. I have been in and out of this company for a number of years and hope I'm right this time around for not pulling the trigger.

Posted by ValueInvestor888 > 2023-03-13 19:05 | Report Abuse

Price at 60 sen.... priced in the company is going to fail in its power plant. Price under extreme pessimism.
Price at 1.40 sen... priced in high chance to achieve financial close...
Financial close official announcement, price may break RM 2...

Posted by teareader818 > 2023-03-13 19:28 | Report Abuse

Sell on news? The immediate key resistance is 1.67.

Posted by Just88 > 2023-03-19 11:11 | Report Abuse

Showtime in 2 weeks time

Posted by ValueInvestor888 > 2023-03-20 11:57 | Report Abuse

by the time they announce financial close, price maybe already hit RM2. Retail investors may have to chase high which is risky.

Only those dare to bet when price at around 60sen will make a lot of money. Few months ago already got some indications that project is a go...

Posted by ValueInvestor888 > 2023-03-20 14:01 | Report Abuse

YTL Power, another value buy as current price still less than 86 sen?

At current price, how many investors will buy? What if the price shoot up to RM 1.20 in next few months, how many investors will chase?

Posted by teareader818 > 2023-03-20 19:04 | Report Abuse

Has anyone worked out the revenue from the electricity supplied? Should Jaks x 2 be a good indicator?

Posted by Just88 > 2023-03-21 15:38 | Report Abuse

Yes, it is a good indicator

teareader818
Has anyone worked out the revenue from the electricity supplied? Should Jaks x 2 be a good indicator?

Posted by teareader818 > 2023-03-22 02:57 | Report Abuse

It strikes me that the power plant project is handled by the major shareholders (creditors). It was probably their idea, to use Toyoven as the platform to secure the SH2 project. On paper, they acted as passive investors, but in actual fact, they went all out from day one. After 15 years of endeavor, they are now almost there. When their Chinese partners withdrew, I believe it was a blessing in disguise because instead of 40% they now totally own it. We now hope that they will fully maximize the benefits that can be extracted from this project.

Posted by ValueInvestor888 > 2023-03-22 10:57 | Report Abuse

creditors or investors accept the “ICULS” at RM 1.25 as settlement may mean price can hardly go below that. Any price around that price is a buy.

Posted by teareader818 > 2023-03-23 16:32 | Report Abuse

The major shareholders and their proxies, by now, must be controlling a very substantial percentage of the shares. They who seemingly have deep pockets (unlike the owners of Jaks), may not resort to further dilution of the shares in the future. Let's hope their main objectives are price appreciation and dividend income. In doing so, they can transform Toyo to become a sought-after blue chip in the future.

Posted by teareader818 > 2023-03-28 12:09 | Report Abuse

Operator final push down before announcement?

Posted by Just88 > 2023-03-30 22:33 | Report Abuse

Has toyoven received the term sheet from EXIM bank of malaysia?

Posted by teareader818 > 2023-04-03 10:47 | Report Abuse

@mf, two days ago you said `sell' why now do you say `collect'? Very confusing, can explain?

Posted by teareader818 > 2023-04-05 15:41 | Report Abuse

mf your target too high.

Posted by teareader818 > 2023-04-05 18:02 | Report Abuse

mf, looks impossible to me.

Posted by teareader818 > 2023-04-26 12:14 | Report Abuse

Very close to the ICUL price of 1.25.

Posted by ebertho > 2023-05-15 18:05 | Report Abuse

Announcement in BM "...the Board of Directors of the Company wishes to inform that Song Hau 2 Power Company Limited ("SH2PC"), a wholly-owned subsidiary of Toyo Ink Group Berhad (“TIGB”) which is in turn a wholly owned subsidiary of TVHB, had on 11 May 2023 received an Indicative Principal Terms and Conditions for the Project syndicated loan."

Posted by ValueInvestor888 > 2023-05-17 12:20 | Report Abuse

official financial close is imminent?

Posted by mf > 2023-05-25 16:05 | Report Abuse

collect

Posted by gianglong > 2023-07-09 07:53 | Report Abuse

Toyo has just agreed on the termsheet for the loan contract!

Posted by speakup > 2023-07-09 08:08 | Report Abuse

so much optimism, sama macam Jaks dulu.

Posted by Just88 > 2023-07-09 15:40 | Report Abuse

gianglong, confirm?

Posted by choop818 > 2023-07-09 15:51 | Report Abuse

I have finally given up on Toyoven. I don't think the Vietnamese Government is keen on the project for now, because of the appreciation of the USD. Mind you, the Fed will keep on increasing the interest rate into 2024. Also another reason why the major shareholder has delayed conversion of the debt to ICULS till end of the year. Good luck to those still waiting for closure.

Posted by ValueInvestor888 > 2023-07-11 14:38 | Report Abuse

vietnam is keen as it is facing electricity shortage esp during hot weather.
Securing financing is not easy after China Xi said stop financing...