Posted by moneyontheway > 2024-04-17 16:21 | Report Abuse

wil it go back to RM1.80?

Posted by speakup > 2024-04-17 16:43 | Report Abuse

Higher chance go back to 60sen than 1.80

Posted by NRahmat > 2024-04-18 15:16 | Report Abuse

Break out

Posted by loonisback > 2024-04-30 15:31 | Report Abuse

Malakoff inks deal to expand operation and maintenance services to Bangladesh

https://theedgemalaysia.com/node/709689

Posted by Cheah5555 > 2024-05-20 15:35 | Report Abuse

The sleeping utility giant woke up today and should report a decent profit for the latest quarter, cheers

Posted by Raymond Tiruchelvam > 2024-05-20 15:40 | Report Abuse

somethings brewing at malakoff... peace

Posted by TiffanixLVxHermes > 2024-05-20 15:59 | Report Abuse

sold
😎

Posted by smartly > 2024-05-20 20:11 | Report Abuse

so early ? engine just starting only

Posted by Raymond Tiruchelvam > 2024-05-20 20:37 | Report Abuse

TA SECURITIES (APRIL 22): Malakoff is expected to return to the black in 1QFY24 on the back of improvement in negative fuel margins. We forecast that the group will record a core profit of RM60 million-RM70 million in 1QFY24. Newcastle Coal prices have stabilised since June 2023, suggesting that the worst of negative fuel margins is over. The group currently offers an attractive dividend yield of 6.8% to 8.3% for FY24-FY26. Its 97.3%-owned Alam Flora Sdn Bhd is expected to continue contributing stable earnings for Malakoff.
https://theedgemalaysia.com/node/709902

Posted by loonisback > 2024-05-21 15:03 | Report Abuse

result this week?

Posted by Tigertiger > 2024-05-24 14:19 | Report Abuse

https://theedgemalaysia.com/node/712789

Posted by Tigertiger > 2024-05-27 08:57 | Report Abuse

https://theedgemalaysia.com/node/713008

Posted by iQie > 2024-05-30 01:33 | Report Abuse

Good news, IPP can sell electricity direct to customer start September.

https://www.lowyat.net/2024/323262/govt-ipp-electricity-consumers-sept/

Posted by spchia > 2024-05-30 09:16 | Report Abuse

1qtr profit, why the price drop..

Posted by kelvinfixx > 2024-05-30 10:00 | Report Abuse

Profit is more then expected by analyst.

Posted by iQie > 2024-05-30 15:41 | Report Abuse

Data center need more power..no worry, next Malakof turn to shine..

Posted by dompeilee > 2024-06-06 15:23 | Report Abuse

SOLDDDD 80% of the Malakof I bought @ 70c in Apr '23 for 79.5c...after picking up 3 dividends !🤗

Posted by smartly > 2024-06-06 17:24 | Report Abuse

so early ? still got plenty of up side to RM1

Posted by moneyontheway > 2024-06-07 14:23 | Report Abuse

anyway to reach the IPO price at RM1.80 which i had bought for many years ago??

Posted by smartly > 2024-06-09 20:36 | Report Abuse

no need to wait till ipo price already. i believed you have received at least 50sen dividend in total since ipo. if price can reach 1.30 good enough to recover your cost already.

Posted by Goldberg > 2024-06-10 10:10 | Report Abuse

FYI Their IPO was RM1.80 in 2015.

Posted by Nepo > 2024-06-10 11:58 | Report Abuse

it already breakout, it is time to look into this stock..

Posted by smartly > 2024-06-10 12:31 | Report Abuse

yup. need to stay above 0.835 to have more up side to RM1

Posted by Goldberg > 2024-06-10 20:14 | Report Abuse

Independent power producer (IPP) Malakoff Corp Bhd is exploring combined-cycle gas turbine (CCGT) and solar photovoltaic (PV) plants in its Tanjung Bin site in Johor, to cater for electricity exports.

The group, which has 21% of generation capacity in Peninsular Malaysia, is “actively pursuing” a new CCGT project, it said in its 2023 annual report.

Malakoff has seen generation capacity declining in recent years following the expiry of power purchase agreements (PPAs), the latest being a 21-year PPA for the 640-megawatt (MW) GB3 gas-fired plant in Lumut, Perak in 2022.

Export opportunities abound led by Singapore, which is seeking to import up to 1,200MW of electricity by end-2027. Malaysia has expressed intention to participate, and lifted its renewable energy (RE) export ban to Singapore last year, although details of the mechanism have yet to be ironed out.

Malakoff’s effective thermal power generation capacity stood at 5,342MW, with RE capacity of 153MW, its annual report showed.

In Kukup, Johor, where Jalan Tanjung Bin is located, Malakoff owns 90% in the 2,100MW coal-fired Tanjung Bin power plant in Johor, the PPA of which expires in 2031. It also wholly owns the 1,000MW coal-fired Tanjung Bin Energy power plant that is contracted to operate until 2041.

Aside from looking for new CCGT capacity, Malakoff said it will continue to invest in expanding the proportion of its biomass co-fired project with coal.

Posted by Goldberg > 2024-06-11 08:47 | Report Abuse

Malakoff- The largest IPP in Malaysia

Power

Malakoff is the largest Independent Power Producer (“IPP”) with an effective generating capacity of 5,342 MW. Through Alam Flora Sdn. Bhd., Malakoff is also the country’s biggest environmental services company, managing solid waste volume of 5,548 tonnes per day.

Water

Malakoff’s international assets include power and water ventures in Saudi Arabia, Bahrain and Oman, with an effective power generation capacity of 588 MW and water desalination capacity of 472,975 m³/day.

Posted by Nepo > 2024-06-11 09:23 | Report Abuse

seem like good biz but why badly managed, any possibility to turnaround..?

Posted by Nepo > 2024-06-11 15:40 | Report Abuse

share price movement and volume transacted like this way is definately good in nearby future
keep it upp

Posted by smartly > 2024-06-11 16:04 | Report Abuse

q1 result already turn black. need to break 0.885 to go further up.

Posted by kelvinfixx > 2024-06-11 22:17 | Report Abuse

Syed Mokthar is buying land ar Johor, Malakof to power the data center?

Posted by Biggmoney > 2024-06-13 08:22 | Report Abuse

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

Posted by Nepo > 2024-06-13 12:31 | 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 > 2024-06-14 09:39 | 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 > 2024-06-14 09:43 | Report Abuse

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

Posted by Nepo > 2024-06-14 14:10 | Report Abuse

Maubank not honest..

Posted by wallstreetrookieNEW > 2024-06-14 14:26 | Report Abuse

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

Posted by wallstreetrookieNEW > 2024-06-14 14:27 | 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 > 2024-06-14 14:27 | 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 > 2024-06-14 14:28 | Report Abuse

Well said Bro Wall Street

Posted by Cheah5555 > 2024-06-14 15:37 | Report Abuse

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

Posted by catalan > 2024-06-14 16:33 | 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 > 2024-06-14 16:35 | Report Abuse

https://theedgemalaysia.com/node/697375

Posted by Nepo > 2024-06-15 10:33 | 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 > 2024-06-15 10:50 | 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 > 2024-06-15 22:36 | Report Abuse

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

Posted by speakup > 2024-06-16 08:59 | Report Abuse

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

Posted by Nepo > 2024-06-17 17:43 | 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 > 2024-06-21 08:31 | Report Abuse

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

Posted by Rogras1234 > 2024-06-26 22:01 | Report Abuse

We should have alternative utility provider to TNB

Posted by Rogras1234 > 2024-06-26 22:01 | Report Abuse

Malakoff should be the 2nd national utility provider for Malaysia

Posted by cooledhawk123654 > 2024-07-01 10:22 | Report Abuse

prai power plant got extension?