Wondering how much the Malaysian government will spend on renewable energy in Budget 2025

Gonna catch it when it falls to 52 weeks low

Is it a sign that it is going to soar? 😁

Retailers start throwing?

It is traded at above new PP illustrative price. Quite steady ~

Walking down the stair today ...

Oh...I kinda missed out that news. Thanks , donkeycharles 😊

I see. How to check the new pp illustrative price?

ZA is doing works? 😁
https://www.thestar.com.my/business/business-news/2024/06/20/dnex-expanding-technology-customer-base

For information, the 5-day VWAP of KAB Shares up to and including LPD is RM0.3704. It won't drop that low until RM0.30

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3457672

He will retire because he has reached that age already 😁

More renewable energy projects worth RM7bil likely to be rolled out. RE industry is going to boom 🔥
https://www.thestar.com.my/business/business-news/2024/06/18/more-renewable-energy-projects-worth-rm7bil-likely-to-be-rolled-out

Dnex is still cheap at the moment based on its NTA value 🙂

or you can share us your user account and password of The Star 😁😁

What you talking about, Vellfire? Stock lembap, management lembap, but it will fly to the moon? 😐

Now KAB is moving back to 37 cents again. Why trade this counter, instead of investing in it? Tat's gonna give you traders a lot of emotional stress ... Just put it in a safe and wait for it to rise steadily

Dnex registered RM309.8 million in revenue comprising RM138.0 million from its Technology segment, representing 45% of total revenue. Its Energy business contributed RM105.9 million or 34% of revenue and RM65.9 million came from its Information Technology (IT) business, representing 21% of revenue. Excellento

https://thesun.my/business/dnex-records-net-profit-of-rm145m-in-1q-fy2024-DO12499291

Due to robust growth in the Sustainable Energy Segment, KAB’s net profit doubled to RM4.97mil from RM2.43mil 💰💰

https://www.thestar.com.my/business/business-news/2024/05/21/kinergy-unveils-growth-strategy

F upcoming QR is green, 50 cents is real

Dont be so conservative. I think its revenue will continue to grow and break new high again 😎

Can try to check with their management at the AGM next month, KingDavid

I think RE companies can generate extra income by trading these RECs

According to the news, RECs traded through the mGATS will serve as documentary evidence that one megawatt-hour of electricity was generated from sources such as solar, hydro, biomass and biogas. However, RECs cannot be transferred abroad except through Energy Exchange Malaysia or other government-approved programmes

Looks like 43 cents is the next hard rock for it to break ..

This is why: https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3443455

so better chip in now before it goes up to 0.40

The company is going to buy back the shares

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3443455

Ya... buying and selling volume are equally high for Dnex today

I think Public bank fund also chipped in

https://klse.i3investor.com/web/blog/detail/PublicInvest/2024-04-22-story-h-182968317-Technical_Buy_KAB_0193

Go 0.50 in May 😀

wow, the ROE is high for KAB in FY2023
https://klse.i3investor.com/web/blog/detail/PublicInvest/2024-04-22-story-h-182968317-Technical_Buy_KAB_0193

I don't think so, vellfire14. Dnex rises as oil market on fire

It won't happen unless the war becomes more serious and more foreign funds withdraw from the Malaysian market ..

Dnex is going up, but its call warrants doesn't move much ...

Relax, KAB still shows a great support at 35 cents despite of that and I believe the company is on the right track of trends

@xiaoeh. That's reality. Ha. People are cheering for Dnex now

therefore, invest it in the medium to long term rather than trading in the short term

Malaysia's getting in on the action with a big push to trade Renewable Energy Certificates (RECs) in order to facilitate people to buy and sell clean energy credits. KAB is not just about making clean energy, the company is also trading these RECs

Actually, 30 cents is a good price to buy and goreng

sabar, just a temporary pullback in order to let newcomers to grab it cheap

NeXchange Bhd (DNeX) announced the extension of License P2451, held by its subsidiary Ping Petroleum UK PLC, for a further 30 months until September 30, 2026

https://themalaysianreserve.com/2024/03/20/dnex-and-hibiscus-petroleum-extend-license-expand-north-sea-ops/

Opps, my bad. Forgot to add a 'S' in front of 'He' 😆😁

@Mixologist. I see. Ty

Not bad wor, Mr. Lee is only 38 years old, and he holds a Ph.D. in civil engineering from the University of Nottingham (Malaysia Campus) and a bachelor’s degree in civil engineering from Universiti Kebangsaan Malaysia (UKM). Sorry, Dr. Lee now 😁

https://focusmalaysia.my/kabs-board-strengthened-with-seasoned-energy-professionals-advances-in-gender-diversity/

What's their FB name, Mixologist?

once they secure the project, their order book will exceed RM1 billion and then their revenue and net profit will continue to break new high ~

no rush no rush. Can put it for longer period of time as there are approximately RM210 million and RM2,978 million worth of tenders for Engineering and SES respectively still pending

Then MYEG will get it? 😆

the outlook for the green energy business is bright, driven by increasing demand, government support, technological advancements, investment opportunities, and international cooperation (aka ESG)

It seems easy, but when you want to do it, you will encounter a lot of difficulties