Posted by Biggmoney > 1 month ago | Report Abuse

Consistent dividend, utilities related, good business and restuctured management.
If next qr show good and stable results... Then 😁😁😁😁

Posted by Nepo > 1 month ago | Report Abuse

Could you figure out why KWAP bought in 3 million ++ shares @ RM 0.84 on 10 Jun 24?
Any good news not yet disclose to the public..

Posted by Goldberg > 1 month ago | Report Abuse

TA Sector Research

Author: sectoranalyst | Latest post: Thu, 13 Jun 2024, 10:42 AM

Malakoff Corporation Berhad - Awaiting Decision for Prai PPA Extension

Author: sectoranalyst

We left Malakoff Corporation Bhd’s (MALAKOF) virtual analyst briefing with the following key takeaways: i) The group is awaiting decision for Prai PPA extension;
ii) Third Party Access an opportunity for plants with expiring or expired PPA;
iii) Biomass co-firing progressing as planned.


We lower our profit contribution assumptions from associates and trim our FY24-FY26 earnings forecasts by 19%-21%. We roll forward our base year of valuation. Upgrade to BUY

Posted by Cheah5555 > 1 month ago | Report Abuse

Maybank gave a sell call with a target price of RM0.55, what a joke !

Posted by Nepo > 1 month ago | Report Abuse

Maubank not honest..

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

Maybank issues call warrant cause they're betting against the stock, shorting it

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

If you buy the warrants from them, means you're betting against them, Thats why its so hard to make money from structured warrants in Malaysia. The odds are worse than gambling

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

I do believe that the Maybank analyst is wrong about Malakoff. Their company management is working super hard to turnaround the company. Semiconductor and chip industry needs a lot of water and power generation. YTL Power is overhyped and Malakoff is underhyped. Thats all

Posted by Goldberg > 1 month ago | Report Abuse

Well said Bro Wall Street

Posted by Cheah5555 > 1 month ago | Report Abuse

The Market will decide the pricing and not Maybank alone, cheers!

Posted by catalan > 1 month ago | Report Abuse

The problem with Malakoff is all their long term concession PPA expiring one by one. Meaning less revenue going forward. You can go to their website and have a look.
The most recent one which has already expired - Prai Power Plant. Segari power plant will expired by 2027 and Kapar power plant by 2029. All these are the core revenue for them with >350MW capacity and the CEO has admitted himself it is hard to replenish/replace this with any of the renewable energy like solar as it is with smaller MW.

https://www.bfm.my/podcast/morning-run/the-breakfast-grille/malakoff-banking-independent-power-producer-green-transition-netr

If they can't secure any deal from LSS5, then I don't see their revenue will grow.

Posted by catalan > 1 month ago | Report Abuse

https://theedgemalaysia.com/node/697375

Posted by Nepo > 1 month ago | Report Abuse

PPA going to expire, any chance to renew/extension.. because plants are there and can be used again again esp in data centre theme where electricity consumption is expected to be high in nearby future..

Posted by kohcl130562 > 1 month ago | Report Abuse

Seems like Alam Flora is their profitable biz. With decarbonization, their coal plant is expected to retire by 2030 too

Posted by Nepo > 1 month ago | Report Abuse

Tenaga coal plant itself still on going operation, why must malakoff plants must produce renewable energy..

Posted by speakup > 1 month ago | Report Abuse

tenaga siapa? malakoff siapa?
it is like compare Datuk Seri vs Encik in malaysia

Posted by Nepo > 1 month ago | Report Abuse

Is it you imply those who are in high position can do whatever you can, including using unfair high ranking position to earn profit and those in low ranking has no choice and need to follow stringent law to make profit..

Posted by kelvinfixx > 1 month ago | Report Abuse

Maybank IB is dumb don't know what they writing.

Posted by Rogras1234 > 1 month ago | Report Abuse

We should have alternative utility provider to TNB

Posted by Rogras1234 > 1 month ago | Report Abuse

Malakoff should be the 2nd national utility provider for Malaysia

Posted by cooledhawk123654 > 3 weeks ago | Report Abuse

prai power plant got extension?

Posted by Cheah5555 > 3 weeks ago | Report Abuse

Today power up, could be a new high !

Posted by goldenhope > 3 weeks ago | Report Abuse

Can Malakoff benefit from the higher demand for electricity from DC ?

Posted by Kim > 3 weeks ago | Report Abuse

BUY

Posted by Goldberg > 3 weeks ago | Report Abuse

Malakoff's prospects will be boosted by the following -

i) The group is awaiting decision for Prai PPA extension;

ii) Third Party Access an opportunity for plants with expiring or expired PPA- This is the biggest boost to MaLAKOFF as the y can generate and retail power produced especially the Tg Bin Power to end users in Johore.

iii) Biomass co-firing progressing as planned.

Posted by Kim > 3 weeks ago | Report Abuse

GOODIES in the corner

Posted by Goldberg > 3 weeks ago | Report Abuse

Third Party Access TPA - a Boon to Independent Power Producers- Malakoff

In May this year, Energy Transition and Water Transformation Minister Fadillah Yusof announced that independent power producers (IPP) will be allowed to start selling electricity directly to customers from September. With the implementation of third-party access (TPA), IPPs can sell electricity to customers without going through TENAGA but would need to use TENAGA’s transmission lines and pay TENAGA the associated wheeling charges.

TPA will be largely neutral to TENAGA’s transmission and distribution business as it is regulated under incentive-based regulation. It is unclear whether TPA will include only renewable energy (RE) or both RE and non-RE. Regardless, we believe that TPA is a boon to IPPs such as MALAKOF and other RE asset owners as this allows them to negotiate better tariffs with offtakers, similar as Corporate Green Power Programme (CGPP). This is in contrast with Large Scale Solar (LSS) Programme which has seen tariffs dropping every year as each developer bids at lowest tariff possible.

Posted by Cheah5555 > 3 weeks ago | Report Abuse

Electricity is in good demand with more and more foreign investments including DC coming in, the prices of its utility peers ie YTL Power, TNB etc have flown up so much but it still lags far far behind due to its reported loss earlier. It is considered one of the cheapest utility counter, if it could report improve profit down the road, it would show its true color to fly high

Posted by kelvinfixx > 3 weeks ago | Report Abuse

The most underrated utility counter.

Posted by speakup > 3 weeks ago | Report Abuse

But Maybank say this wor:
https://theedgemalaysia.com/node/715300

Posted by speakup > 3 weeks ago | Report Abuse

Either Maybank is i-diot or u are Genius

Posted by Goldberg > 3 weeks ago | Report Abuse

Bro. Maybank's call warrant -MALAKOFC52 will be expiring on 30th August 24. They have to "press " it as its not to their benefit if Malakof keep on surging. This is what I call manipulation.

Posted by Nepo > 3 weeks ago | Report Abuse

Good info
Thanks to those who contribute the plus points

Posted by Goldberg > 3 weeks ago | Report Abuse

Power & Utilities Sector - Growing Demand from Data Centre and Energy Transition

sectoranalyst

Publish date: Tue, 02 Jul 2024, 12:07 PM

This site uses Google AdSense ad intent links. AdSense automatically generates these links and they may help creators earn money.
1H2024 Recap
KL Utilities Index (KLUTL) has massively outperformed the FTSE Bursa Malaysia KLCI Index (FBMKLCI) in 1H2024 (Figure 1) as it was up 34.9% compared with the latter’s 9.3%. The outperformance was mainly due to earnings improvement from stabilisation of coal prices and expectations of better outlook from energy transition and demand for data centres.

Stocks under our coverage generally performed well in 1H2024 (Figure 2). YTLPOWR, RANHILL and TENAGA surged 89.8%, 56.7% and 37.3% respectively since the start of 2024 on the back of improvement in earnings and growth prospects. MALAKOF surged 20.5% as it returned to the black from easing of negative fuel margins. Note that TENAGA and MALAKOF are our stock picks in our 2024 annual strategy. PETGAS (+2.4% YTD) largely tracked the performance of the index. Meanwhile, PETDAG (-20.1% YTD) underperformed due to expected volume decline from subsidy rationalisation.

Posted by iQie > 3 weeks ago | Report Abuse

EPF start buying.. before this they keep on selling.. good news ?

Posted by Kim > 2 weeks ago | Report Abuse

Going to push up =)

Posted by fregend > 2 weeks ago | Report Abuse

slow and steady no rush

Posted by sparta > 2 weeks ago | Report Abuse

https://klse.i3investor.com/web/blog/detail/spartan/2024-07-12-story-h-157024946-MY_GEMS_GOING_TO_SKYROCKET_DATA_CENTER_S_NEED_RENEWABLE_ENERGY_PRODUCER

Posted by Kim > 2 weeks ago | Report Abuse

Cheap sales =)
Let's move today

Posted by Kim > 2 weeks ago | Report Abuse

Lets BO today =)

Posted by Kim > 1 week ago | Report Abuse

Continue to 0.88 - 0.90 sen

Posted by rob8ry24 > 1 week ago | Report Abuse

locked n loaded
gogogo

Posted by tinman > 1 week ago | Report Abuse

With KWSP loading up like crazy definitely someone inside knows something and the fact that Malakoff is geared to cater to the macroeconomic shift towards recyclable, green and reusable energy, the omens might be in their favor finally. I heard a little bird chirping claiming that their EV infrastructure involvement is big.

Posted by Cheah5555 > 1 week ago | Report Abuse

Only big boys like KWSP etc could push up the price, we retailers are like ikan bilis. The company is in the right sectors just that the management is perceived as not as solid compared to others in the sectors.

Posted by kelvinfixx > 1 week ago | Report Abuse

Malakof has a reputable chairman but they are not making use of his connection. CEO Anwar is also not very good, there are so many opportunity to power data center and EVs. They have to do more advertisement and news.

Posted by jenson68 > 1 week ago | Report Abuse

Accumulation as hidden gems !!

Posted by Kim > 1 week ago | Report Abuse

Fasten seat belt

Posted by jenson68 > 1 week ago | Report Abuse

Will challenge higher once break 88 resistance !! Wait & see …

Posted by edithcapital > 2 days ago | Report Abuse

Malakoff inks MOU with South Korea’s KOEN for potential collaborations

Posted by Tigertiger > 2 days ago | Report Abuse

https://theedgemalaysia.com/node/720131