On behalf of the board of directors of Solarvest, M&A Securities Sdn Bhd is pleased to announce that Bursa Securities had vide its letter dated 30 September 2021 approved the Company’s application for the exemption from moratorium imposed on the solarvest shares held by the promoters of Solarvest pursuant to Rule 3.19(1B) of the ACE Market Listing Requirements of Bursa Securities.
The approval is subject to the condition that the promoters may only deal in the shares of the Company after 1 full market day from the date of this announcement.
overvalue, market push after biden won only bcoz of green energy theme but fundamentally the solar biz margin is getting lower, pekat group qr result already stated that
good luck long term investor capital will stuck long time, downtrend is coming
China is in the midst of policy tightening to reduce coal power plant and solar, wind and hydro power plants may be the only solution to curb the current power crunch.
Raw material price for these equipment will increase in prices.
Those company who locked in projects and their respective capex between 2020 to 2021 will feel the pinch and worst case scenario unable to deliver/complete the projects on time.
I don't think at 1.26 to 1.3 is overvalued. In HK market solar players have PE 30 to 40. If we exclude the latest Qr (affected by MCO) and take average quarterly eps of 1.25sen (refer to Q3), At 1.26 Slvest PE is 25.
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....
Jarall
115 posts
Posted by Jarall > 2021-09-30 15:48 | Report Abuse
Seem interesting tomorrow