CYPARK RESOURCES BERHAD

KLSE (MYR): CYPARK (5184)

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Last Price

0.905

Today's Change

0.00 (0.00%)

Day's Change

0.90 - 0.915

Trading Volume

7,004,500

Details of Changes
Securities After Change
Transactions
Ann. Date Name Details of Changes Securities After Changes
Date Type No. of Shares Price Direct (%) Indirect (%) Total (%)
Discussions
12 people like this. Showing 50 of 7,059 comments

Jenova

1.50 possible.

2 months ago

paktua73

Post removed.Why?

2 months ago

mf

Dow Jones

Dow Jones Industrial Average

39,313.64

-162.26

0.41%

Nasdaq

NASDAQ Composite

16,384.46

-44.35

0.26%

2 months ago

nickick

Something is brewing….

2 months ago

GrowthCapitalist

Its because of the new project would be awarded from the gov; that's all.

2 months ago

EatCoconutCanWin

Mati la... Ini company scam punya lo

1 month ago

Jack Khan

Lost so much money !!!!

1 month ago

Karlos

Those who understand the biz of Cypark and the accounting will know to to correctly assess the quarter result !

1 month ago

AhHuat01

everyone is disappointed on their accounting statement already! this can only improve once the new senior management team fixed their main issues.

Cypark has numerous significant problems that need addressing. The previous management ( including the current CEO), has been ineffective in managing the company's finances. 1) A vast amount of funds have been raised through private placements, sukuk, loans, etc., yet it's unclear how much of this capital has genuinely been allocated to projects. 2) The company's immediate hope lies in completing the last two LSS projects ( forever delay!!!!) and also ensuring the WTE Plant run at full capacity.

from recent QRs, AGMs, and company updates, it's clear that the new senior management team is actively working towards resolving the company's issues. Achieving full operational capacity in the existing facilities is crucial for the company's turnaround into profitability. The TOP QUESTION is: How long will the resolution process take? What is the expected timeline for these fixes?

1 month ago

Whiteevoque

Collection range from 86-91, and target 1.30-1.70 for wave 5

1 month ago

mf

Dow Jones

Dow Jones Industrial Average

39,150.13

-416.72

1.05%

Nasdaq

NASDAQ Composite

16,154.95

-241.87

1.47%

1 month ago

AhHuat01

Energy Commission opens LSS5 up for bidding, targets 2,000MW of solar generation
https://theedgemalaysia.com/node/706527

1 month ago

mf

Dow Jones

Dow Jones Industrial Average

38,596.98

-530.16

1.35%

Nasdaq

NASDAQ Composite

16,049.08

-228.37

1.40%

1 month ago

superfra7

Cypark’s latest quarterly accounts raise questions

https://theedgemalaysia.com/node/708379

1 month ago

GS

Saudi-based ACWA Power keen on investing over US$10b in M'sia, in collaboration with Cypark
https://theedgemalaysia.com/node/709776

4 weeks ago

hondapetak

Jackpot coming. U all better fomo tomorrow. No more below RM1.50 after this.

4 weeks ago

Whiteevoque

Acwa power is one of the biggest renewable energy company in the world! Usd10B investment for the next 10 yrs in malaysia with cypark! Powerrr

4 weeks ago

izoklse

Tomorrow sure rocket. Going to explore investment with ACWA power one of the biggest renewable energy companies.

4 weeks ago

kohcl130562

Continue to explore!

3 weeks ago

Michael Kwok

Price 94 cents
Tp 1.20 above
6 month or less waiting time.i come the counter will ong.
30/4/24 8.52am

3 weeks ago

AhHuat01

I was expecting to go 20%....

3 weeks ago

凯翔 赖

Bought in at 0.995. Just wait for another flying.

3 weeks ago

superfra7

buy buy buy, no need to wait

3 weeks ago

Jaeger

Show over?

3 weeks ago

凯翔 赖

1 day show only ,😄

3 weeks ago

8u29song

steady......

2 weeks ago

superfra7

relax, cypark steady pompipi

2 weeks ago

8u29song

get some and standby....Data centres/AI and EV and many other activities required huge amt of electricity.......

2 weeks ago

8u29song

and..for data centres, .the electricity supply needed are for 24 hours, no off days.....walao....

2 weeks ago

8u29song

steady come

2 weeks ago

8u29song

ECRL, Johor RTS, Penang LRT, new KTM trains...later HSR.....all consume huge amt of electricity....walao eh...

2 weeks ago

8u29song

talk too much...920 no more d.....

2 weeks ago

oks911

Saudi confirm or not?

2 weeks ago

凯翔 赖

If Saudi confirmed the share price will fly to the sky. Limit up & limit up again

2 weeks ago

miji

to the moon

2 weeks ago

8u29song

green energy is the trend.....

2 weeks ago

oks911

erect u mean? ahahhaa

2 weeks ago

ID007

something coming?

2 weeks ago

8u29song

Sendai up a lot these few days

1 week ago

Karlos

Mr Chung Chee Yang bought another 346.5 m. Cypark shares at RM 1.00 via Direct Dealing on 10 May 2024.

1 week ago

rob8ry24

patient... anything below 90 hoot99

1 week ago

AhHuat01

congratulation! CEO say good bye to us :)

1 week ago

Karlos

Welcome the new management together with new set of shareholders! We look forward to a bright future. Cypark is in the right industry in the right time. In fact Cypark was an early player in the green energy space and benefit from it as there was less competition.

1 week ago

yong1985cm

the thing is their Balance sheet is too weak and not so easy to move forward and growth. the loan ratio is too high and the operational cash flow coming from LSS2 Sik, Smart WTE are not sufficient to generate significant cash flow to fund any other future project. even with the COD of the current LSS2 + LSS3 in real soon, the operation cash flow will not be superb. Moving foward, cypark is hard to take up any large RE project (be it assets owner/EPCC), instead it can only continue to earn the low income from those project where he is assets owner, also O&M.

1 week ago

Karlos

High gearing is a common feature of asset owning company like Cypark. It is ok as the the cash flows are guaranteed via PPA ( Power Purchase Agreements ) with the off takers.
A power plant project with PPA can have gearing of 80/20 as the sale from the plant output is guaranteed during the entire duration of PPA. Moreover the power plant project would only proceed if it will provide sufficient returns for both the lenders and owner.

1 week ago

oks911

By 2024, US tariffs on chinese solar cells, whether or not assembled into modules, will increase from 25% to 50%. China controls over 80% to 90% of certain segments of the global solar supply chain and provides solar components and panels at low prices, affecting investments in solar manufacturing outside China. As a mature solar manufacturing base, Malaysia may benefit as manufacturers seek supply chain alternatives to China.

1 week ago

AhHuat01

The balance sheet shows contract assets and receivables totaling 0.87 billion (777+101). The total debt stands at 1.4 billion (170+1301)

The bulk of the contract asset is tied to the Renewable Energy project. Currently, there’s only one LSS project remaining, which is nearing completion. It’s now the responsibility of the new management to collect the money from its client. The hope is to recover at least 70% of the 0.87 billion, which equates to about 600 million. This amount can be used to repay the loan, potentially reducing the total debt to approximately 0.8 billion in near future. This could result in a gross gearing ratio of around 0.47.

In the short term, the goal is to secure as many EPCC projects as possible to boost cash flow. Later, the focus can shift back to solar farm projects. Funding shouldn’t be a major concern as Cypark has Jakel’s support. Additionally, new projects can leverage a joint venture business model for bidding and building future solar farms.

I didn’t take into account the future earnings when the current LSS farm (potential brownfield expansion) and WTE reach the maximum capacity. This will undoubtedly enhance the overall net profit. In conclusion, provided that the new management team is committed and diligent, I’m fairly confident that Cypark will evolve into a more successful company

Definition (according to AR2023):
A contract asset is recognised in respect of the right to consideration for work performed which has not been billed at the reporting date. Contract assets are reclassified to trade receivables at the point at which it is billed to the customers and none of the amounts are past due at the reporting date.

1 week ago

凯翔 赖

一直在重复跌半仙,平盘,涨半仙,平盘,跌半仙,平盘,涨半仙,平盘,闲。

6 days ago

oks911

跌是正常。。 jakel 兄弟再加码了。。 希望有好消息

2 days ago

investor13

see you at 0.81

2 days ago

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