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2021-08-06 09:54 | Report Abuse
look like no much selling pressure, only the daily trade play on the price to cheating the ikan bilis.
2021-06-22 15:20 | Report Abuse
How many big fund purchase like crazy.......
2021-06-22 15:19 | Report Abuse
Many Big fund to purchase it...........later news confirm power
2021-06-22 12:25 | Report Abuse
super big fund is in!!
2021-04-14 13:57 | Report Abuse
We maintain our forecasts and our fair value (FV) of RM2.31 based on 18x fully-diluted FY23F EPS. This is at a discount to the average forward 20x PE of leading renewable energy players globally to reflect: (1) KPower being a relatively new player in this space; and (2) its relatively small market value. On a positive side, from a relatively low base, the growth potential of KPower’s earnings is tremendous at >100% and >40% in FY21 and FY22F respectively based on our projections. There is no adjustment to our FV for ESG based on our 3-star rating (Exhibit 2).
Since our downgrade on 29 Jan 2021, KPower’s share price has retraced by about 25%. We upgrade the stock to BUY from HOLD as value has emerged.
We expect more contract award announcements in the renewable energy infrastructure space, especially in Southeast Asia and the Middle East in the coming months. This is because business is gradually returning to normal (on the back of the vaccine rollout) and project owners wrapping up their tender evaluations.
As such, there could be good news to KPower with an outstanding tender book of RM3.9bil of which about 75% are energy-related jobs (i.e. hydropower plants and solarrelated jobs), while the balance are utilities-related works.
A pick-up in job wins also means KPower is on track to meet our assumption for annual job wins of RM1.4bil in FY21–23F (June). Our assumption is more conservative compared with KPower’s guidance for RM2.0bil in FY21F.
YTD in FY21F, KPower has secured new jobs worth RM703.6mil. At present, its outstanding construction order book stands at about RM1.7bil.
We continue to like KPower for: (1) the bright prospects of renewable energy, underpinned by the global trends towards clean and sustainable energy and carbon neutrality to combat climate change; and (2) its strong earnings visibility and growth potential underpinned by its RM1.7bil order backlog on green utility projects, coupled with a massive tender book of RM3.9bil.
At less than 16x FY23F earnings, we believe that this homegrown renewable energy player remains a compelling investment case given its involvement in the green sector where the growth trajectory is just beginning.
2021-03-08 12:03 | Report Abuse
Any insider here? please share some tips
2021-03-05 09:32 | Report Abuse
Why rebound so fast? Any news for it?
2021-03-03 15:43 | Report Abuse
someone pressure 800000 unit at RM1.97 to force down the share price.
2021-03-03 10:53 | Report Abuse
Shark never come, just sit watch and wait for the right time. Dont rush for buy or sell.
2021-03-02 16:31 | Report Abuse
Crazy bought, any insider news to share?
2021-02-27 20:43 | Report Abuse
@Waduhek We need to thank for the negative people to given the chance for us(long term) to purchase the cheap share.
2021-02-25 19:41 | Report Abuse
I was continue to buy in and avg price at 1.89
Finally this is worth it since holding for more than 3 month.
2021-02-09 14:13 | Report Abuse
Abang pun ada announcement at 12:33pm
2021-02-05 15:56 | Report Abuse
strong resistance at 2.10
2021-02-03 10:00 | Report Abuse
The crazy trading restart again.....
2021-02-02 08:15 | Report Abuse
starting price 2.37 , gogogogo
2021-01-29 16:30 | Report Abuse
Today close will be 2.61
2021-01-29 16:17 | Report Abuse
I love warrent, I love scib,I love Kpower...............both RM2.0 hold till now!!!!!!!
2021-01-22 12:37 | Report Abuse
May i know Kpower warrent listing date?
2021-01-15 12:03 | Report Abuse
Hi Ally, pls add me to the group. Cheers.
Stock: [SCIB]: SARAWAK CONSOLIDATED IND BHD
2021-08-06 09:57 | Report Abuse
stay patient and wait for the right time.