this will crash further below RM1. weak holders dont like this and they will sell at any sign of weakness. so yes. stay away la dulu. no turn around seen yet. takdak catalyst
Solarvest's return? Why is share price down almost 50% despite extremely bright outlook?
Solar or renewable energy (RE) is among the hottest industries to invest in because it offers one of the brightest outlooks in the current environment. In Malaysia, we have numerous government initiatives such as LSS, NEM, SARES and GITA/ GITE which are aimed to push RE generation mix to 31% by 2025. For solar specifically, installed capacity is expected to triple from ~1GW in 2020 to ~3GW in 2025 (25% CAGR), creating RM4-5b worth of EPCC jobs over the next 5 years.
From LSS4 alone, Solarvest is confident of getting 200-300MW (or RM600-800m) worth of jobs by end of this year, plus 100MW (or RM200-300m) from commercial & industrial segment. This means Solarvest has around RM1b potential jobs in the pipeline, which is 4-5 times more than last year’s revenue of RM224m.
So why has Solarvest’s share price dropped almost 50% from the peak even though solar industry outlook remains so robust? This is likely because of...
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DISCLAIMER: The note above is purely facts sharing for educational and discussion purposes. We do not recommend BUY/SELL actions. We're also invested in the stock(s).
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....
shadowz
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Posted by shadowz > 2021-07-17 17:15 | Report Abuse
https://klse.i3investor.com/m/blog/nanyang_stock_expert/2021-07-17-story-h1568016257.jsp