ESOS again!!!! Pls don buy this counter. Let the share price drop further!!! Very hard to climb back to rm1 with all these nonsese pp and esos forever non stop

how soon can those who subscribed PP sell their share via open market?

trade74, where you get this news from? why no annoucement?

who so stpid want to subscribe its PP ???????

COD December !!!!!! pls make it happen :D

@JonVest...this time abit differnt got 1 big tanker...so lets see...
inside the PP document, cypark already say want increase Bumi state so that can strengthen cypark as bumi company....so now im thinking...is Chung got some hidden agenda against cypark?

dropped below 90 cent***

@Abba84, last year pp price set to around 90 cent and share price also dropped non-stop... fyi,,,

WTE COD dec, can pakai or not? asking working capital for WTE liao, means testing phase done zor?

now i doubting even after WTE gone live, can it really earn 80m annually? management got credibility issue now...

they will be doing another pp for LSS3... just wwait and see.....nonsense b management team

lapsap management, cbbbbb my price stuck at 80 cent =.=

TP 50 cent first, still waiting ~

i think the price should b floating around 40cent until good news out...looking at the EMA going to touch 70 soon... got one big tanker here...

November already already WTE still no news hahahah noob management

i went back to check SD announcement and the change of auditor is requested by one of its substantial shareholder.
but for cypark case, the current contract ends, hence cypark looking to change.... but the reason they gave is due to cost issue....auditor fee so expensive meh?

GG.COM is it normal for a listed company to change auditor after the contract ends?!?!?!? don tell me is serbad 2.0

sell and declare dividend instead of re-invest into the company to further expand the business....

after the dividend ex-date, share price going to drop further...GG... no ppl want to but this counter....

yesterday Mr.Chung spent around RM1.8million, he is not pushing the price yet....still collecting

i do not think is pump morning dump afternoon, wait for tomorrow news, i believe should be Mr.Chung buy in this morning. and retailer sell off

hahaha i give up on cypark management liao...memang no credibility zor
invested cypark coz of its potential future recurring revenue nia
buy low sell high lor, at the same time keep collect free ticket for future dividend payout, thts the strategy now

chill lar star168. WTE plant already completed, testing also almost finishing....

those who sold to Mr.Chung probably those short sellers who bought at at super low price. i don think they rugi selling off to Mr.Chung... i am curious WHO is the big kaki that subscribed to the PP??? PP price was around average 90 cent +/- which consist of 20% total cypark share....

no doubt, WTE confirm going to COD very soon once gotten approval from state government.
now, the question should be, once WTE has gotten its green light and start to go live, how will this impact on their balance sheet and cash flow? End of the day, we want to see cypark receivable reduced and improved cash flow after WTE started to generating revenue.
(not to forget 1) 98 MW LSS2 floating solar projects and 2) 172 MW LSS3 project going to get its COD end of 2022 )

we have Mr.Chung keep collecting non stop

Current status
o T&C status is ongoing and warm test has commenced.
o We already started first firing as part of warm test of the WTE.
o The Waste Segregation & Recycling Facilities has been successful tested and commissioned
and ready to treat and recycle incoming solid waste. The components of SMART WTE
facilities have been in operation and capable of handling incoming solid waste of up to 1000
tonne per day.

good news soon....be abit more patient...

https://drive.google.com/file/d/1qJ49Czx_DSL3nlJqKMIlTKhb-DFQ7ycX/view

website cannot access?!?!?!!?? what the hel?

no ppl short sell this counter also...so who keep selling?? sell with no news?? something big going to happen?

this one is goreng stock. controlled by owner :)

free ATM for the bosses

ok top up today, my 4th average down GG

wait until year end... if not cabut?

who is Chour Au?

yes!!! this is my only concern...project forever delay :(

come on guys...please understand the business model before you start to curse cypark's receivable... most of its receivables will only be reduced once the LSS2,3 & WTE starts to commission... Cypark is financing the entire project and they will only get paid once the plants is completed... Once the plant starts to produce electricity and resell it to TNB and yet no sign of improvement on its receivable, thn i think this company is gg.com

@Serendipity, well, this explanation make sense to me now.

btw, will they announce the subscriber identity once it is finalized?

if that's the case, who would want to subscribe to PP? does not make sense to me...

I mean the 200m a year

Hey mni75, mind sharing where u get this information from?

those who invests in Cypark see a very big revenue growth in their future earning, i am talking in-terms of their recurring revenue. also at the same time possibility of securing more EPCC contract.

HOWEVER, the management is selling off their share in the expenses of minority shareholder. Cypark business model is undoubtedly good, but it is thee management who is doing shitty stuff jeopardizing the shareprice...

some might argue their receivable is high, but this is out of the question, because once the solar farm/WTE is in operation, those receivable will be paid off via selling electrify to TNB. if you want to see tremendous reduction in their receivable, wait until their plant is fully operation.

so now the question is, WHEN??? they keep postpone their Commercial Operation Date...i know this is due to covid..but still... forever no ending COO date...

@Karlos, i do agree their revenue will increase tremendously once their LSS2, 3 and WTE has gone into production. and the high trade receivables / contract is expected in such business model.

however, whats your thought on the receivables that are past due for more thn 90 days? a total of 12.4million... this is not a heathy sign...

ok guys... i want to re-calculate the dividend again lol

Q1 2020 - 5M
Q2 2020 - (2.1M)
Q3 2020 - 12.7M
Q4 2020 - 5M << i think can lar horrr

if FY2020 Net Profit got 20M ....

thn company will issue 0.05 to 0.06 dividend = 6% to 7% ( with RM1.00/ share)

i think still good money :)

0.89 here :(

@sephirohn12, you can find ur asnwer in the below linkS for your reference...i did verify the post he shared, seems accurate following whatever Daud's comment. the only possibility i could think of is LSS2 got 3 different sites, so maintenance could be higher as oppose to LSS3 1 single site.

-http://ir.chartnexus.com/cypark/docs/agms/Summary%20of%20Key%20Matters%20Discussed%20at%20the%20Postponed%2015th%20AGM%20held%20on%2018%20June%202020.pdf
- https://www.nst.com.my/news/nation/2019/09/518408/malaysia-needs-rm33bil-investment-hit-renewable-energy-target
- https://www.st.gov.my/contents/2020/Copy%20of%20LSS%20Progress%20By%20Region%20(Q1).pdf
- https://www.theedgemarkets.com/article/govt-targets-six-wastetoenergy-plants-2021
- https://www.theedgemarkets.com/article/better-earnings-visibility-prospects-cypark
- https://www.theedgemarkets.com/article/cypark-sees-doubledigit-revenue-growth
- https://www.theedgemarkets.com/article/tnb-awards-three-lss3-projects-total-capacity-29088-mwac
- https://www.theedgemarkets.com/article/cypark-reorganises-loans-address-debtcash-flow-mismatch

copied#

2) On-Going Projects

LSS1 - 15 MWac
- targeted Commercial Operation Date: 31 Dec 2020
- Daud (CEO) estimated RM10 million annually
- This will contribute to FYE 2021

LSS2 - 3 x 30 MWac = 90 MWac
- targeted Commercial Operation Date: 31 Dec 2020
- Daud (CEO) estimated RM25 million annually
- This will contribute to FYE 2021

WTE - 20 to 25 MWac
- targeted completion Date: 31 Dec 2020
- Daud (CEO) estimated RM80 million annually
- This will contribute to FYE 2021

LSS3 - 100 MWac
- TNB has inked three LSS3 Power Purchase Agreements.
- Daud (CEO) estimated RM50-60 million annually
- This will contribute to FYE 2022

Net Energy Metering (NEM) ProjectS
- Unknown MWac

Once the above projects are completed, it will be owned, operate & managed by Cypark

i think PBInvest is being conservative is their forecast...

the latest QR also mention the WTE is expected to commission early next year

english version:

https://www.theedgemarkets.com/article/malaysia-told-reconsider-entry-ban-citizens-countries-over-150000-covid19-cases

@sephirohn12: maybe got hope !

https://hotspot.com.my/newsvideo/96416/1865805/%E7%B4%AF%E8%AE%A1%E7%97%85%E4%BE%8B%E6%97%A0%E6%B3%95%E5%8F%8D%E6%98%A0%E9%A3%8E%E9%99%A9%20%20%20%E6%9D%8E%E5%9B%BD%E5%BF%A0%EF%BC%9A%E5%BA%94%E6%8D%AE%E7%A4%BE%E5%8C%BA%E6%84%9F%E6%9F%93%E6%95%B0%E5%AE%9A%E5%A4%BA

https://www.theedgemarkets.com/article/myhsr-corp-calls-tenders-appoint-consultants-klspore-hsr

it is coming very soon !!!!! HUAT AA