SOLARVEST HOLDINGS BERHAD

KLSE (MYR): SLVEST (0215)

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Last Price

1.57

Today's Change

-0.02 (1.26%)

Day's Change

1.55 - 1.58

Trading Volume

1,098,600


6 people like this.

4,837 comment(s). Last comment by genchwan2 2 days ago

Louise4

389 posts

Posted by Louise4 > 2021-06-19 15:35 | Report Abuse

Will drop like Cypark.

Posted by mokluhanj21 > 2021-06-20 00:27 | Report Abuse

solar sector is going up. major ETF has come off 19% of its technical bottom in May. expect steady climb up (may take a bit of time but it's coming)
hold til 2.20 :)

also hold the WA as well hehe

Posted by mokluhanj21 > 2021-06-20 00:29 | Report Abuse

solar sector is going up. major ETF has come off 19% of its technical bottom in May. expect steady climb up (may take a bit of time but it's coming)
hold til 2.20 :)

also hold the WA as well hehe

nothing better than a quiet bull regime gaes

Seanyew

147 posts

Posted by Seanyew > 2021-06-21 15:23 | Report Abuse

Ini kali lah

Bursa1575

918 posts

Posted by Bursa1575 > 2021-06-22 08:41 | Report Abuse

KUALA LUMPUR (June 21): Malaysia is focusing on its power generation plan with a target of 31% renewable energy (RE) in its installed capacity in 2025, and 40% in 2035, as its energy transition plan until 2040.

The Energy and Natural Resources Ministry (KeTSA), in a statement tonight, said its minister Datuk Seri Dr Shamsul Anuar Nasarah shared Malaysia’s energy transition plan with other ASEAN Ministers of Energy and representatives that gathered virtually at the Special Meeting of ASEAN Ministers on Energy and the Minister of Economy, Trade and Industry of Japan today. The secretary-general of ASEAN was also in attendance.

During the meeting, Shamsul Anuar said to date, the installed capacity for RE in Malaysia is 7,995 megawatts (MW), and by 2035, the RE installed capacity is projected to more than double to 18,000 MW.

“The minister also explained that to increase the share of RE in the power capacity mix, the government will be focusing on Peninsular Malaysia, as it accounts for 80% of Malaysia’s electricity demand. Out of the 31% RE target in 2025, 26% comes from Peninsular Malaysia and out of the 40% in 2035, the peninsula accounts for 32%.

“RE capacity in the peninsula is projected to increase from the current 4,430 MW to 10,944 MW in the next 15 years. As solar has the highest potential, Malaysia plans to introduce battery energy storage systems (BESS), with a total capacity of 500 MW from 2030 onwards,” the statement said.

Shamsul Anuar said with those RE targets, the carbon emission intensity from the power sector is set to be reduced by 45% in 2030, and a further 60% in 2035 compared to the 2005 level, which is in line with Malaysia’s Nationally Determined Contributions (NDCs) targets under the Paris Climate Agreement. 

He also emphasised that Malaysia’s energy transition plan should be an affordable one, in line with the Sustainable Development Goal 7 of ensuring access to affordable, reliable, sustainable and modern energy for all. 

"Therefore, while Malaysia is pushing for a higher target of RE in its capacity mix, the ministry (KeTSA) also takes into account the affordability of the energy transition to the rakyat and the resiliency of Malaysia’s energy system," it said.

According to the statement, Shamsul Anuar also said more than 7,000 MW of coal power plants’ Power Purchase Agreements (PPAs) will expire by 2033, and be replaced mostly by gas and RE, lowering Malaysia’s carbon emissions. 

“Although Malaysia will not be building new coal power plants, KeTSA does not discount the option of extending the operation of those plants. 

“However, the decision for extension of those plants depends on future availability of technologies in reducing emissions, and also the cost of adopting those technologies,” it added.

Shamsul Anuar also said that as solar has the highest potential in Peninsular Malaysia, most of Malaysia’s RE will be contributed by solar, whereby the ministry will introduce utility scale BESS with a total capacity of 500 MW from 2030-2034.

"ASEAN will continue to work together with various dialogue partners and international organisations to achieve its sustainable energy goals. Malaysia values the support offered by Japan to further enhance its policies and programmes, which will assist in transitioning our energy systems towards a lower carbon pathway. 

"Malaysia welcomes Japan’s Asia Energy Transition Initiative (AETI) in providing support in terms of expertise, knowledge sharing and capacity building towards the development of a sustainable, affordable and reliable energy future for ASEAN," according to the statement.

In conjunction with the special meeting, the ASEAN ministers, together with the Minister of Economy, Trade and Industry of Japan, adopted a joint statement on “Enhancing Partnerships in Realising Energy Transitions in ASEAN”.

New2020

42 posts

Posted by New2020 > 2021-06-22 16:10 | Report Abuse

So is this the time to buy more to keep for future?

sammmy

1,168 posts

Posted by sammmy > 2021-06-22 18:05 | Report Abuse

If you can keep it, yes. It’s for future even now.

Bursa1575

918 posts

Posted by Bursa1575 > 2021-06-23 09:08 | Report Abuse

Time to play the game

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-06-23 09:51 |

Post removed.Why?

Posted by mokluhanj21 > 2021-06-23 10:44 | Report Abuse

there's still some upside from this counter. its a slow moving one..everyone already up. but ok la can make money for those sleeping at the driving wheel.
Pekat debut mcm walaweh. Also, TAN ETF is up but this counter still a bit laggard. lets make that cash friends!

Seanyew

147 posts

Posted by Seanyew > 2021-06-23 15:35 | Report Abuse

For those always mentioned :- For long term may consider buy more good deal drop from RM1.43 to RM1.33 d

Evara75

168 posts

Posted by Evara75 > 2021-06-23 18:06 | Report Abuse

Now most solar company production low bcs solar wafer price high ..

Posted by mokluhanj21 > 2021-06-23 22:09 | Report Abuse

cant wait to fall further.. :P

hahasong

427 posts

Posted by hahasong > 2021-06-24 09:51 |

Post removed.Why?

Rider

117 posts

Posted by Rider > 2021-06-24 16:30 | Report Abuse

KUALA LUMPUR: The government has approved a manufacturer's licence and incentives under the National Economic Recovery Plan (PENJANA) for the design, development and manufacturing of solar cells and solar modules in Malaysia for Risen Energy Co Ltd with a total investment of RM42.2 billion.

Prime Minister Tan Sri Muhyiddin Yassin said the investment through Risen Solar Technology Sdn Bhd for a period of five years from 2021 to 2025 is expected to generate 3, 000 jobs for Malaysians.

"Besides that, the company will collaborate with local universities/ institutions in conducting research and development (R&D) activities including internships," he said in a post on his official Facebook page today.

He said this after a virtual meeting with Risen Energy chairman and president Xie Jian, which was also attended by Senior Minister cum Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali and Malaysian Investment Development Authority chief executive officer Arham Abdul Rahman.

Muhyiddin said the presence of Risen Solar would make Malaysia an integrated production hub for solar products.

Rider

117 posts

Posted by Rider > 2021-06-24 16:32 | Report Abuse

How will the entry of China solar cell manufacturer in Malaysia impact Solarvest & our local Solar-based companies?

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-06-24 16:44 |

Post removed.Why?

sammmy

1,168 posts

Posted by sammmy > 2021-06-24 16:49 | Report Abuse

rider, they will plant it and many project coming.

GetInCondo

137 posts

Posted by GetInCondo > 2021-06-24 19:12 | Report Abuse

omg few days ago bac to 1.4 level and closed it above,now fall to below 1.3 level @@

vespa

890 posts

Posted by vespa > 2021-06-25 00:46 | Report Abuse

about the best renewable energy player.

vespa

890 posts

Posted by vespa > 2021-06-25 00:47 | Report Abuse

just tied up to work with Malakoff as EPCC

Bursa1575

918 posts

Posted by Bursa1575 > 2021-06-25 09:06 | Report Abuse

PETALING JAYA: Malakoff Corp Bhd, via its wholly-owned subsidiary Malakoff Radiance Sdn Bhd, has appointed Solarvest Holdings Bhd to accelerate its solar power purchase deals with several logistic players in Malaysia.

In a joint statement, Malakoff and Solarvest said the parties will be tying up to assist businesses in Malaysia achieving their environmental goals through solar photovoltaic solutions.

“This tie-up will power up the logistic facilities of renowned industry players, namely Pos Malaysia Bhd, Northport (M) Bhd and Johor Port Bhd, with advanced solar PV systems, transforming the respective rooftops into solar powerhouses.”

The parties said the solar facilities installed will be under a solar power purchase agreement (SPPA) ranging between 20 and 25 years.

“Upon completion, the total generation from these three facilities are expected to produce about 11, 609.90 megawatt hours of clean electricity per annum.

“These will collectively neutralise about 8, 057 tonnes of carbon emissions per year for the logistics industry.”

The tie-up will see Solarvest undertaking the engineering, procurement, construction and commissioning works while Malakoff will finance and own the rooftop solar assets throughout the duration of the SPPA.

In the same statement, Malakoff managing director and chief executive officer Anwar Syahrin Abdul Ajib said more green logistic hubs are emerging around the world to meet the increasing demand for eco-friendly logistics services.

“As the largest independent power producer in the country, it is vital for Malakoff to enable the access to sustainable energy for local industry providers and pave the way for businesses to reform their electricity consumption.”

Bursa1575

918 posts

Posted by Bursa1575 > 2021-06-25 10:14 | Report Abuse

Solarvest Holdings is moving sideways, testing the RM1.39 resistance level. With its 21-day moving average indicator in an uptrend, coupled with higher trading volume, we see a possibility for a technical breakout. If this happens, we expect it to move towards the short-term target prices of RM1.45 and RM1.48. The downside support is projected at RM1.30. Traders are advised to exit on a breach to avoid further losses.

Trading Call: Buy on breakout RM1.39

Target: RM1.45, RM1.48 (time frame: 2-4 weeks)

Exit: RM1.30

Bursa1575

918 posts

Posted by Bursa1575 > 2021-06-25 10:15 | Report Abuse

Source: AmInvest Research - 22 Jun 2021

klkk

294 posts

Posted by klkk > 2021-06-25 16:30 | Report Abuse

Why like that, Solarvest!!!

Seanyew

147 posts

Posted by Seanyew > 2021-06-25 16:31 | Report Abuse

Wow ! RM1.26 good deal especially for those long term investors here….

not_wendy

75 posts

Posted by not_wendy > 2021-06-25 17:19 | Report Abuse

Seanyew, time to grab now!

hantamking

2,509 posts

Posted by hantamking > 2021-06-28 12:54 | Report Abuse

good deal today ^^ hahah

not_wendy

75 posts

Posted by not_wendy > 2021-06-29 08:51 | Report Abuse

is it spring already? suppose to rebound back. or is there still any good deal in Holland? hoping for the best from thus company

StephenNg

115 posts

Posted by StephenNg > 2021-06-29 10:20 | Report Abuse

It will come soon... Slowly but surely

Posted by mo1malaysia > 2021-06-29 15:25 | Report Abuse

Solarvest, what happened...??

hantamking

2,509 posts

Posted by hantamking > 2021-06-29 22:10 | Report Abuse

limit up ^^ grab when no movement

hantamking

2,509 posts

Posted by hantamking > 2021-06-29 22:10 | Report Abuse

today add abit ^^

TedTock

926 posts

Posted by TedTock > 2021-06-30 08:19 | Report Abuse

Not bad, enter when no one is looking

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-06-30 08:38 |

Post removed.Why?

xexlone

387 posts

Posted by xexlone > 2021-06-30 10:13 | Report Abuse

no share buyback? keep sliding

followKing

408 posts

Posted by followKing > 2021-06-30 11:00 | Report Abuse

winter coming in early ?

StephenNg

115 posts

Posted by StephenNg > 2021-06-30 12:24 | Report Abuse

One man's loss is another man's gain

Posted by Joeybuyshares > 2021-06-30 15:25 | Report Abuse

Good to hold? Bought before share split.. Wonder should average it now..

StephenNg

115 posts

Posted by StephenNg > 2021-06-30 15:40 | Report Abuse

Good to average now considering its oversold position. Rebound is imminent

not_wendy

75 posts

Posted by not_wendy > 2021-06-30 16:15 | Report Abuse

hahahha no comment for this company

Seanyew

147 posts

Posted by Seanyew > 2021-06-30 16:31 | Report Abuse

RM1.72 = will limit up
RM1.62 = will u turn
RM1.52 = wait for long term
RM1.42 = wait for long term
RM1.32 = wait for long term
RM1.32 = wait for long term
RM1.22 = wait for long term
Now RM1.16 = how ? wait for RM0.99 ?

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-06-30 16:42 |

Post removed.Why?

RainT

8,448 posts

Posted by RainT > 2021-06-30 23:17 | Report Abuse

PE still high

SLVEST shall drops more

ampabella

1,378 posts

Posted by ampabella > 2021-07-01 13:31 | Report Abuse

drop till ah mah pun cannot regonised

sammmy

1,168 posts

Posted by sammmy > 2021-07-01 17:33 | Report Abuse

tech company pe super high. And still

StephenNg

115 posts

Posted by StephenNg > 2021-07-02 17:27 | Report Abuse

Last hour push to green... something brewing ?

Lioncity

293 posts

Posted by Lioncity > 2021-07-02 21:55 | Report Abuse

Accumulating all the way down. Buy good company at good price.

not_wendy

75 posts

Posted by not_wendy > 2021-07-03 00:29 | Report Abuse

maybe another fake hope to the long term holder of this company, who knows? hahaha

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