CYPARK RESOURCES BERHAD

KLSE (MYR): CYPARK (5184)

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Last Price

0.81

Today's Change

-0.005 (0.61%)

Day's Change

0.80 - 0.815

Trading Volume

6,065,600

Meeting


Ann. Date Date Time Type Venue View
Discussions
13 people like this. Showing 50 of 7,094 comments

8u29song

green energy is the trend.....

2 months ago

oks911

erect u mean? ahahhaa

2 months ago

ID007

something coming?

2 months ago

8u29song

Sendai up a lot these few days

2 months ago

Karlos

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

2 months ago

rob8ry24

patient... anything below 90 hoot99

2 months ago

AhHuat01

congratulation! CEO say good bye to us :)

2 months 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.

2 months 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.

2 months 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.

2 months 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.

2 months 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.

2 months 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。

2 months ago

oks911

跌是正常。。 jakel 兄弟再加码了。。 希望有好消息

1 month ago

investor13

see you at 0.81

1 month ago

paktua73

tomorrow ada rocket fly kaa?

https://theedgemalaysia.com/node/713916



tut tut
let see how

1 month ago

DreamGuardian

https://www.nst.com.my/business/corporate/2024/06/1058316/jakel-committed-invest-rm1bil-year-and-more-2025-expand

well, was just kind of contemplating for a bit, if there might be some possible positive impact on cypark

1 month ago

Michael Kwok

Post removed.Why?

1 month ago

KYYPUSSYGEL

1.20???? hahahahahahahahaha you must be zzzzzz... sell all to this mamak

1 month ago

oks911

sabar dik.... tunggu arab mou day la .. hehe..

1 month ago

DreamGuardian

not that unlikely, I reckon🧐

becos cypark is majority owned by jakel, whom as I understand it is basically the major funder and land provider for that proposed new jv datacentre project

1 month ago

凯翔 赖

大股东越买多,股价就越跌多?好奇葩

1 month ago

confidential

CEO resigned, maybe his other related account selling. Wait for it...the pressure of selling absorbs to fuel Jakel rocket 🚀

1 month ago

凯翔 赖

股价跌跌不休

1 month ago

DreamGuardian

gradual slow steady progression

just the way I love💕 it, man

1 month ago

newbie9893

watch out Cypark, might spike up very soon

1 month ago

MattSon

up & down, back above 1.00 in no time

1 month ago

oks911

Tomorrow gap up then turun?? History repeat again

1 month ago

凯翔 赖

登州混合太阳能项目 Cypark全面商业营运 https://www.enanyang.my/财经新闻/登州混合太阳能项目-cypark全面商业营运 (Share from StockHunter)

1 month ago

Whiteevoque

Ready for wave 5 with COD of their solar farm. Target 1.20-1.70

1 month ago

TheEagles

Kuat pancit itu Cypark.. Buang masa..

1 month ago

凯翔 赖

消息出炉后,股价反而下跌。

1 month ago

凯翔 赖

打回原形了,屁股,😄😄😄

1 month ago

thisistheway

this week or next week will rebound....let market cool down first...

1 month ago

MattSon

no problem at all, keep hold

1 month ago

凯翔 赖

Con stock

1 month ago

凯翔 赖

每天早上圈套的门必定打开引人入局

1 month ago

凯翔 赖

诈骗股来的,大股东越买多它就跌得更加多,千万别上当。

1 month ago

oks911

可能ex CEO 在卖。。。

1 month ago

noirluck

Another RE rumors that KAB is diving into solar power, floating solar, battery storage, waste heat recovery, and waste-to-energy projects, and another big expansion in Kedah! Definitely worth checking them out..

4 weeks ago

凯翔 赖

每天都在重复由涨转跌,股价越来越底。

3 weeks ago

凯翔 赖

依然是跌跌不休,完全没有反弹的机会,超级烂股。

3 weeks ago

Nepo

Omg gg.com

3 weeks ago

AhHuat01

The SMART WTE COD and started its sales to TNB on 14 December 2022.

As of the end of April 2024, the WTE plant has been commissioning for nearly a year and a half..... 1.5 years liao hellooooo.....how can they continue to incur losses??? what are the people doing? rugi 61million... really speechless...

3 weeks ago

AhHuat01

somemore got fire incident ... =.=

3 weeks ago

raymondroy

Disappointing qtr results..... 4th qtr 2024 resulted in loss after tax of RM58m
full financial year loss of RM84m, cashflow is also negative at -RM37m from operating activities
the RM57m loss mainly comes from RM46 million derecognition of the deferred tax assets the loss is attributed to the reduced electricity sale by the Waste Management & Waste-To-Energy division, following a temporary
unscheduled downtime for necessary rectification efforts...

3 weeks ago

TheEagles

The biggest solar plant will make price above RM1 hopefully..

1 week ago

Karlos

The demand for green or renewable energy by data centres would likely exceed what currently available. Cypark was early in developing and owning solar farms and therefore obtained higher profit margins compared to the new solar projects.

1 week ago

Welsonnotwell

Cypark making a return soon

31 minutes ago

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