SLVEST, SAMAIDEN & SUNVIEW's results all seems to stall due mainly to the competitive pricing of PPA of the LSS4 solar projects? A proper rework may be needed before launching the LSS5...
expect better profit in 2024 due to decreasing of material cost selection pick 1. solarvest (good track record, TOP pick) 2. sunview (cheap) 3. samaiden (expensive)
Rakuten Trade expects Solarvest rising momentum to steer the stock higher and test the next level of resistance of RM1.70 followed by RM1.85. A white Marubozu candlestick on Monday coupled with the supportive technical reading n improving exponential moving averages, Rakutan Trade said the stock may see additional strength going forward.
On Monday, it was announced that Bandar Utama City Centre Sdn Bhd had appointed Solarvest’s subsidiary Solarvest Energy Sdn Bhd to install the country’s largest on-site solar photovoltaic (PV) panels and building-integrated PV panels at the 1 Utama Shopping Centre.
Solarvest a beneficiary of ENEGEM platform. The setting up of the Energy Exchange Malaysia (Enegem) platform to facilitate cross-border trading of renewable energy (RE) is being viewed positively. Analysts noted that Singapore is looking to import up to 3.5 gigawatts (GW) of green electricity by 2035.
The Johor-Singapore Special Economic Zone (SEZ) is set to catalyze equity valuations in both Malaysia and Singapore. Solarvest is among d brokerage’s SEZ dozen picks listed on Bursa Malayia.
There's no doubt that China is dominating the solar panel industry by offering cheap solar panels, close to 50% cheaper than those US and Euro made panels.
My concern is what if China companies opt to bid for EPCC in Asean countries as well, will they just outbid everyone, including Solarvest?
Grateful if anyone could enlighten on this. Love Solarvest vision btw.
PETALING JAYA (Thursday, 09 May 2024): Packaging manufacturer and property developer Scientex Bhd. will tie-up with Solarvest Holdings Bhd to deploy a 21megawatt peak rooftop solar photovoltaic (PV) system at its facilities nationwide. The solar PV systems will be deployed across 10 key manufacturing plants nationwide and at its headquarters.
Solar Roof Tiles r d future of Eco Homes n friendly to home budget. Solar Roof Tiles r new invention that can help in saving energy n lowering d electricity bill.
The forthcoming Corporate Green Power Programme (CGPP) contract awards are expected to create RM1.4 billion to RM1.6 billion in engineering, procurement, construction and commissioning (EPCC) job opportunities. Good catalyst for RE companies
PETALING JAYA (Tuesday, 18 Jun 2024): Malaysia to aggressively ramp up the capacity for renewable energy particularly solar. UOB Kay Hian (UOBKH) Research, in a report initiating coverage on the RE sector expects a total value of RM5.6bil to RM7bil in engineering, procurement, construction and commissioning (EPCC) contracts to be rolled out. Multiple solar projects with a total capacity allocation of 2,800MW will be awarded through the CGPP and LSS5 schemes in the coming one to two years. This would propel the earnings growth trajectory of solar companies that secured the projects. It's noted that Solarvest Holdings Bhd targeted to grow its recurring income assets to 30% of revenue in the coming years.
Rumors say Kinergy Advancement (KAB) is venturing into solar power, floating solar, battery storage, waste heat recovery, and waste-to-energy projects and is making a major expansion in Kedah ! Can look into it
Apex Securities starts coverage on Solarvest, target price RM1.95 By Surin Murugiah / theedgemalaysia.com 20 Jun 2024, 09:28 am
...'Apex said its bullish stance stems from several key factors: (i) direct proxy to Malaysia’s renewable energy (RE) target under the National Energy Transition Roadmap, (ii) Solarvest's solid track record, having completed 1.2GW of projects, which is the highest among peers, (iii) Solarvest's efforts in building a solar empire to generate diversified revenue streams, (iv) uniqueness of Solarvest's in-house solar financing programme Powervest, which fosters the adoption of solar photovoltaics in the commercial and industrial solar sectors, (v) consistent capture of an average 20% market share of engineering, procurement, construction and commissioning jobs from LSS 1, 2 and 4, (vi) Solarvest's robust tender book, currently standing at 6.1GW (Malaysia 4.0GW and Overseas 2.0GW) and (vii) normalising of solar module prices.'
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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....
TimiraosL
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Posted by TimiraosL > 2023-12-20 10:10 | Report Abuse
Slowly back to RM1.30