The renewable energy (RE) space remains the focus point for analysts as companies operating in the engineering, procurement, construction and commissioning (EPCC) business look set to benefit from project rollouts under various initiatives to grow power output from the sub-sector.
This comes after the government’s move to relax conditions for the net energy metering (NEM) and self consumption (Selco) for solar photovoltaic (PV) programmes (effective July 15) by increasing allowable capacity to 85% of consumption from 75% previously for both NEM and Selco, as well as allowing participation of high voltage consumers in the Selco programme
Don't jump to conclusions yet 😅. For instance, ATECH is also conducting a private placement recently, and the placement price is also lower than its trading share price. It is still moving strongly and above the placement price too currently. Thereby, private placement is not necessarily a bad thing for a company
Mrhunter88: "dream kaiser sorry mistike,not the same as jentayu but the same as Auro.later the price will be the same so we can laugh together ya.not now."
laughing together is good, but then some guys could be genuine laughing in boisterous exuberant bliss, while some others could be pretend laughing in remorseful big regret, ha ha ha
KAB's strategic focus on higher-margin SES projects, particularly those generating profits from energy solutions on a concession and recurring basis, has played a pivotal role in enhancing profitability and providing long-term solid high-margin returns. Worth to keep it for long-term ~
Kinergy Advancement: With Johor Corp to develop energy-efficient solutions for data centers
Kinergy Advancement Bhd has partnered with Johor Corp (JCorp) to develop sustainable energy solutions, focusing on energy-efficient initiatives for data centres. The collaboration, led by Kinergy’s subsidiary KAB Energy Holdings Sdn Bhd, aims to implement district cooling systems to reduce energy consumption and enhance power usage effectiveness in data centres. This partnership is expected to positively impact Kinergy's future earnings and EPS for the financial year ending Dec 31, 2024.
Below is an excerpt from an interview with BFM and KAB CFO:
1) Overview of Kinergy Advancement Berhad (KAB): - Initially an electrical and mechanical engineering company. - Transitioned to sustainable energy solutions in 2020 during the pandemic. - Focus on providing comprehensive energy and engineering solutions.
2) Business Transformation: - KAB started focusing on renewable energy, energy-saving solutions, and sustainability. - The transformation aimed to help businesses save electricity and money while meeting environmental, social, and governance (ESG) goals.
3) Company Growth and Achievements: - Successfully expanded its product portfolio in June 2023. - Significant increase in net profit, highlighting a growth rate of 20 times over previous figures. - Recognized for its efforts in sustainability, receiving various accolades and expanding its presence in the energy sector.
4) Challenges and Market Position: - Experienced fluctuating stock prices, peaking in 2021 and facing corrections since. - The shift to sustainable energy brought new challenges and required strategic acquisitions and investments. - Continues to explore opportunities in renewable energy across Southeast Asia.
5) Future Plans and Vision: - Plans to continue expanding its renewable energy portfolio. - Focuses on becoming a leading player in the energy market by offering diverse energy solutions. - Committed to helping clients achieve energy savings and sustainability goals.
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....
DreamKaiser
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Posted by DreamKaiser > 2024-07-01 18:38 | Report Abuse
another intriguing stock🤔