For those who want to find out more about the history of SUNVIEW, you may Google search the YouTube with the title “ Fabulous Sunview Sdn Bhd for energy sector " through Ong Hang Ping 's briefing.
Enough said for today. Have a nice day to everyone of you.
Let's look forward to better tomorrow and the days ahead.
Hopefully Sunview will give us a pleasant surprise by presenting us with a wonderful set of financial results for quarter 31-12-2022 which will be out soon.
SUNVIEW' s order book already more than RM777 million at November 2022 and soon the order book will be touching RM888 million .in Chinese 888 means huat huat huat ! ! ! You understand the meaning, don't you ?
Since you are here, then become a member here lah.
There will be the time sooner or later more and more people realise the importance of clean energies. Then it will become the "MAIN THEME" in the stock market for many years due to :
1) Government's emphasis on clean energies which are conducive to better environment and for better health of the people and towards the goal of zero carbon emissions. (In fact it is a global goal not just in Malaysia alone) So just imagine how huge would be the businesses for clean energy stocks.
2) To encourage cost savings on electricity , the Government might subsidize those those who want to install solar energy but unable to do so due to financial constraints especially the lower income groups.
3) Solar Energy is much cheaper comparing to most of other sources unless another better energy could be found.
That will be the time clean energy stocks become the shinning stars .
The share could be heading towards to two directions : either drop or rebounce.
As I said as long as I don't borrow money to buy shares I have no fear.
If it drops sharply I will add . That's what I will do in times of uncertainties.
Don't be mistaken ! That are not good stories. That are facts. You can check and verify them yourselves with the reports, audio podcast I downloaded these one or few days.
Nothing to lure you or entice you !
( Just my opinion. Not a buy or sell calls. Remember what I said many times. Trade at your own risk.)
Please click open the above downloaded file to refresh your memory and for those who missed the download.
Most of us including me are more interested in the share prices rather than the file. Just click open the above downloaded file and you will notice the face of CEO, Ong Hang Ping beaming with the broad and sincere smiling which indicates how joyful he is. That could be one of the reasons of his success.
You may then study the whole contents if you are interested.
In a statement, the RE company said the proposed partnership would include the introduction of EV charging, microgrid, telecommunications site modernisation and energy storage solutions on a non-exclusive basis.
Under the terms of the arrangement, Huawei Malaysia will act as the technology provider while Sunview would be a strategic fulfilment partner, subject to the terms and conditions between the two parties.
they sign mou because sunview still hasn't found any sales yet. if got sales already, only sign contract to supply. this is what they called a convenience partners. ok time ok together. no ok time run away.
Sunview, Huawei sign MOU to collaborate on renewable energy.
theedgemarkets.com
February 17, 2023 12:29 pm +08
KUALA LUMPUR (Feb 17): Clean energy service provider Sunview Group Bhd's wholly-owned subsidiary Fabulous Sunview Sdn Bhd has signed a memorandum of understanding (MOU) with Huawei Technologies (Malaysia) Sdn Bhd to collaborate in the field of renewable energy, including electric vehicle charging, micro grids, telecommunications site modernisation and energy storage solutions, on a non-exclusive basis for a period of 12 months.
Upon entering into a contractual arrangement, Huawei Malaysia will basically act as a technology provider, while Sunview would be a strategic fulfilment partner, subject to the finer terms and conditions between the two parties, Sunview said in a statement on Friday (Feb 17).
“With the increasing adoption of renewable energy worldwide, the strategic partnership with Huawei comes at an opportune time where Sunview will be able to create more value with the technology from Huawei in assisting more Malaysian companies in the transition to renewable energy usage,” said Charlie Chow Kian Hung, Sunview's chief operating officer and executive director.
According to prospectus (part 2) page 268, Revenue to recognise in FYE 2023 is 513.3 million, so far 2q revenue =110.447 m. Outstanding order to recognise in coming 2Q = 513.3-110.447=402.8 m/6 months. With Forex change from Rm 4.635 to RM 4.40 (about 5.3%) & cheaper raw material cost, margin margin should improve from 4% to 9%++. Coming 2q may recognise 36m+ PAT.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
chon99
1,510 posts
Posted by chon99 > 2023-02-15 08:51 | Report Abuse
I wish I could learn from Ong Hang Ping.
May be I am a bit too far.
We are very lucky to have Ong Hang Ping as the CEO in SUNVIEW