MALAKOFF CORPORATION BERHAD

KLSE (MYR): MALAKOF (5264)

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Last Price

0.835

Today's Change

+0.005 (0.60%)

Day's Change

0.83 - 0.845

Trading Volume

3,090,800

Financial

T4Q

31-Mar-2021

2020

31-Mar-2021

2019

31-Mar-2021

2018

31-Mar-2021

2017

31-Mar-2021

Cash from operating activities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Cash from operating activities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Cash from operating activities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Cash from operating activities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Cash from operating activities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Cash from operating activities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Cash from operating activities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Cash from operating activities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Cash from operating activities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Cash from operating activities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Cash from operating activities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Cash from operating activities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Cash from operating activities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Cash from operating activities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Cash from operating activities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Discussions
9 people like this. Showing 50 of 6,771 comments

Nepo

it already breakout, it is time to look into this stock..

1 month ago

smartly

yup. need to stay above 0.835 to have more up side to RM1

1 month ago

Goldberg

Independent power producer (IPP) Malakoff Corp Bhd is exploring combined-cycle gas turbine (CCGT) and solar photovoltaic (PV) plants in its Tanjung Bin site in Johor, to cater for electricity exports.

The group, which has 21% of generation capacity in Peninsular Malaysia, is “actively pursuing” a new CCGT project, it said in its 2023 annual report.

Malakoff has seen generation capacity declining in recent years following the expiry of power purchase agreements (PPAs), the latest being a 21-year PPA for the 640-megawatt (MW) GB3 gas-fired plant in Lumut, Perak in 2022.

Export opportunities abound led by Singapore, which is seeking to import up to 1,200MW of electricity by end-2027. Malaysia has expressed intention to participate, and lifted its renewable energy (RE) export ban to Singapore last year, although details of the mechanism have yet to be ironed out.

Malakoff’s effective thermal power generation capacity stood at 5,342MW, with RE capacity of 153MW, its annual report showed.

In Kukup, Johor, where Jalan Tanjung Bin is located, Malakoff owns 90% in the 2,100MW coal-fired Tanjung Bin power plant in Johor, the PPA of which expires in 2031. It also wholly owns the 1,000MW coal-fired Tanjung Bin Energy power plant that is contracted to operate until 2041.

Aside from looking for new CCGT capacity, Malakoff said it will continue to invest in expanding the proportion of its biomass co-fired project with coal.

1 month ago

Goldberg

Malakoff- The largest IPP in Malaysia

Power

Malakoff is the largest Independent Power Producer (“IPP”) with an effective generating capacity of 5,342 MW. Through Alam Flora Sdn. Bhd., Malakoff is also the country’s biggest environmental services company, managing solid waste volume of 5,548 tonnes per day.

Water

Malakoff’s international assets include power and water ventures in Saudi Arabia, Bahrain and Oman, with an effective power generation capacity of 588 MW and water desalination capacity of 472,975 m³/day.

1 month ago

Nepo

seem like good biz but why badly managed, any possibility to turnaround..?

1 month ago

Nepo

share price movement and volume transacted like this way is definately good in nearby future
keep it upp

1 month ago

smartly

q1 result already turn black. need to break 0.885 to go further up.

1 month ago

kelvinfixx

Syed Mokthar is buying land ar Johor, Malakof to power the data center?

1 month ago

Biggmoney

Consistent dividend, utilities related, good business and restuctured management.
If next qr show good and stable results... Then 😁😁😁😁

1 month ago

Nepo

Could you figure out why KWAP bought in 3 million ++ shares @ RM 0.84 on 10 Jun 24?
Any good news not yet disclose to the public..

1 month ago

Goldberg

TA Sector Research

Author: sectoranalyst | Latest post: Thu, 13 Jun 2024, 10:42 AM

Malakoff Corporation Berhad - Awaiting Decision for Prai PPA Extension

Author: sectoranalyst

We left Malakoff Corporation Bhd’s (MALAKOF) virtual analyst briefing with the following key takeaways: i) The group is awaiting decision for Prai PPA extension;
ii) Third Party Access an opportunity for plants with expiring or expired PPA;
iii) Biomass co-firing progressing as planned.


We lower our profit contribution assumptions from associates and trim our FY24-FY26 earnings forecasts by 19%-21%. We roll forward our base year of valuation. Upgrade to BUY

1 month ago

Cheah5555

Maybank gave a sell call with a target price of RM0.55, what a joke !

1 month ago

Nepo

Maubank not honest..

1 month ago

wallstreetrookieNEW

Maybank issues call warrant cause they're betting against the stock, shorting it

1 month ago

wallstreetrookieNEW

If you buy the warrants from them, means you're betting against them, Thats why its so hard to make money from structured warrants in Malaysia. The odds are worse than gambling

1 month ago

wallstreetrookieNEW

I do believe that the Maybank analyst is wrong about Malakoff. Their company management is working super hard to turnaround the company. Semiconductor and chip industry needs a lot of water and power generation. YTL Power is overhyped and Malakoff is underhyped. Thats all

1 month ago

Goldberg

Well said Bro Wall Street

1 month ago

Cheah5555

The Market will decide the pricing and not Maybank alone, cheers!

1 month ago

catalan

The problem with Malakoff is all their long term concession PPA expiring one by one. Meaning less revenue going forward. You can go to their website and have a look.
The most recent one which has already expired - Prai Power Plant. Segari power plant will expired by 2027 and Kapar power plant by 2029. All these are the core revenue for them with >350MW capacity and the CEO has admitted himself it is hard to replenish/replace this with any of the renewable energy like solar as it is with smaller MW.

https://www.bfm.my/podcast/morning-run/the-breakfast-grille/malakoff-banking-independent-power-producer-green-transition-netr

If they can't secure any deal from LSS5, then I don't see their revenue will grow.

1 month ago

Nepo

PPA going to expire, any chance to renew/extension.. because plants are there and can be used again again esp in data centre theme where electricity consumption is expected to be high in nearby future..

1 month ago

kohcl130562

Seems like Alam Flora is their profitable biz. With decarbonization, their coal plant is expected to retire by 2030 too

1 month ago

Nepo

Tenaga coal plant itself still on going operation, why must malakoff plants must produce renewable energy..

4 weeks ago

speakup

tenaga siapa? malakoff siapa?
it is like compare Datuk Seri vs Encik in malaysia

4 weeks ago

Nepo

Is it you imply those who are in high position can do whatever you can, including using unfair high ranking position to earn profit and those in low ranking has no choice and need to follow stringent law to make profit..

3 weeks ago

kelvinfixx

Maybank IB is dumb don't know what they writing.

3 weeks ago

Rogras1234

We should have alternative utility provider to TNB

2 weeks ago

Rogras1234

Malakoff should be the 2nd national utility provider for Malaysia

2 weeks ago

cooledhawk123654

prai power plant got extension?

2 weeks ago

Cheah5555

Today power up, could be a new high !

1 week ago

goldenhope

Can Malakoff benefit from the higher demand for electricity from DC ?

1 week ago

Kim

BUY

1 week ago

Goldberg

Malakoff's prospects will be boosted by the following -

i) The group is awaiting decision for Prai PPA extension;

ii) Third Party Access an opportunity for plants with expiring or expired PPA- This is the biggest boost to MaLAKOFF as the y can generate and retail power produced especially the Tg Bin Power to end users in Johore.

iii) Biomass co-firing progressing as planned.

1 week ago

Kim

GOODIES in the corner

1 week ago

Goldberg

Third Party Access TPA - a Boon to Independent Power Producers- Malakoff

In May this year, Energy Transition and Water Transformation Minister Fadillah Yusof announced that independent power producers (IPP) will be allowed to start selling electricity directly to customers from September. With the implementation of third-party access (TPA), IPPs can sell electricity to customers without going through TENAGA but would need to use TENAGA’s transmission lines and pay TENAGA the associated wheeling charges.

TPA will be largely neutral to TENAGA’s transmission and distribution business as it is regulated under incentive-based regulation. It is unclear whether TPA will include only renewable energy (RE) or both RE and non-RE. Regardless, we believe that TPA is a boon to IPPs such as MALAKOF and other RE asset owners as this allows them to negotiate better tariffs with offtakers, similar as Corporate Green Power Programme (CGPP). This is in contrast with Large Scale Solar (LSS) Programme which has seen tariffs dropping every year as each developer bids at lowest tariff possible.

1 week ago

Cheah5555

Electricity is in good demand with more and more foreign investments including DC coming in, the prices of its utility peers ie YTL Power, TNB etc have flown up so much but it still lags far far behind due to its reported loss earlier. It is considered one of the cheapest utility counter, if it could report improve profit down the road, it would show its true color to fly high

1 week ago

kelvinfixx

The most underrated utility counter.

1 week ago

speakup

But Maybank say this wor:
https://theedgemalaysia.com/node/715300

1 week ago

speakup

Either Maybank is i-diot or u are Genius

1 week ago

Goldberg

Bro. Maybank's call warrant -MALAKOFC52 will be expiring on 30th August 24. They have to "press " it as its not to their benefit if Malakof keep on surging. This is what I call manipulation.

1 week ago

Nepo

Good info
Thanks to those who contribute the plus points

1 week ago

Goldberg

Power & Utilities Sector - Growing Demand from Data Centre and Energy Transition

sectoranalyst

Publish date: Tue, 02 Jul 2024, 12:07 PM

This site uses Google AdSense ad intent links. AdSense automatically generates these links and they may help creators earn money.
1H2024 Recap
KL Utilities Index (KLUTL) has massively outperformed the FTSE Bursa Malaysia KLCI Index (FBMKLCI) in 1H2024 (Figure 1) as it was up 34.9% compared with the latter’s 9.3%. The outperformance was mainly due to earnings improvement from stabilisation of coal prices and expectations of better outlook from energy transition and demand for data centres.

Stocks under our coverage generally performed well in 1H2024 (Figure 2). YTLPOWR, RANHILL and TENAGA surged 89.8%, 56.7% and 37.3% respectively since the start of 2024 on the back of improvement in earnings and growth prospects. MALAKOF surged 20.5% as it returned to the black from easing of negative fuel margins. Note that TENAGA and MALAKOF are our stock picks in our 2024 annual strategy. PETGAS (+2.4% YTD) largely tracked the performance of the index. Meanwhile, PETDAG (-20.1% YTD) underperformed due to expected volume decline from subsidy rationalisation.

1 week ago

iQie

EPF start buying.. before this they keep on selling.. good news ?

1 week ago

Kim

Going to push up =)

5 days ago

fregend

slow and steady no rush

4 days ago

Kim

Cheap sales =)
Let's move today

3 days ago

Kim

Lets BO today =)

3 days ago

Kim

Continue to 0.88 - 0.90 sen

6 hours ago

rob8ry24

locked n loaded
gogogo

4 hours ago

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