Arabs!

Please do not put so much weight on politics although it matters. More importantly evaluate the merit of the company on its own capabilities and potentials going forward. Look at the future incomes from the two IPPs and gains from land disposals and don't forget its net asset per share of 80.

No worry! Hydro power plants will not be affected by virus. Gunung is one of the few counters not negatively impacted by this virus pandemic. As strong as a mountain and it will stand out.

Watch KPower too!

Just concentrate on valuation of Eden itself: net asset at 78 sen, turning around in turn of profit and bright, sale of land for ECRL and robust future income from two IPPs. The election of new PM is just a trigger for investors to get interested in the counter.

Just watch this counter, new owner and new government.

Avoid greed and fear but make judgement based on facts and circumstances around those facts, then you will be ok.

Net asset per share alone is already 78 sen and profitable with better expected income from the two IPP in Kelantan and Sabah. If you include potential land sale in Kuantan plus other favorable circumstances around this counter, you can make your own evaluation and judgement!

Don't worry bearish or bullish but just look at the current reality now!

That is not the reason why he quits. Gunung is developing a no of hydroelectric projects in Perak and the profits will come not now but in the near future and the incomes from the plants with secured PPA with TNB will be robust and very attractive. Just be patience.

A confluence of two positive events: improved earning and Muhayudin become the new PM. This stock should fly any time!

Welcome G.Capital. New name, new owner and new beginning of a prosperous future!

KPower already appointed a non exec non independent director in Gunung Capital. Who controls KPower now?

Don't worry abut Syed.That history. Look at Karim & KPower!

Kumpulan Powernet bags RM65.8m Laos hydropower job
TheStar Tue, Feb 11, 2020 01:32pm - 1 day ago


KUALA LUMPUR: Kumpulan Powernet Bhd has accepted a RM65.87mil contract to design and build an 8MW hydropower plant in the Vientiane province in Laos.

In a statement released to Bursa Malaysia on Tuesday it said that it had accepted the letter of award from Zhenghong Building Road & Bridge Construction Co. Ltd.

The job scope will include design, supply, construction, commissioning and completion of the hydropower plant. The contract price includes the supply and installation of mechanical and electrical equipment.

Kpower said the target completion date was within 18 months from the commencement date or such other extended period.

Its board anticipates the foray into the provision of construction related services due to the project will result in a diversion of 25% or more of the net assets of KPower and/or will contribute 25% or more to the net profits.

GUNUNG CAPITAL BERHAD

Date of change 09 Jan 2020
Name DATUK YAP YEE PING
Age 45
Gender Female
Nationality Malaysia
Designation Non Executive Director
Directorate NON INDEPENDENT AND NON EXECUTIVE
Type of Change. Appointment

She is a director of CBG Capital Sdn Bhd and CBG Builders Sdn Bhd, subsidiary of KUMPULAN POWERNET BERHAD.

The main current and future of Gunung is the development, operating and owning small hydros mainly located in Perak beside running bus transportation business.

KUALA LUMPUR: Kumpulan Powernet Bhd was awarded a contract to build a small hydropower plant in Laos, marking the group foray into the energy construction business.

The company, in a statement today, said it has accepted the contract from Zhenghong Building Road & Bridge Construction Co Ltd to design, supply, construct and commission an 8MW hydropower plant in the Vientiane province for RM65.88mil.

The two Ks: KPower and Karim!

Just look at KPower!!!

Today is listing of 1 m shares for trading arising from exercise of ESOS @ 41 sen.

Always look at the facts and think rationally, you will be ok!

MD is selling for the change of controlling shareholders.

Keep cool and rational. Eden will sooner or later will find its true fair value.

What is more interesting is that Eden owns 2 IPP power plants: a 20 MW hydro (renewable energy) in Kelantan and a 60 MW thermal plant in Sabah. These power plants were being rehabilitated and expected to generate profitable, steady and robust income streams for Eden going forward. In addition Eden also has biz in hospitality and tourism sector. And off course not forgetting that Eden has a large land bank at a very strategic location and the net book value of Eden shares is much more than 70 sen.

Gunung, KPower and Karim Abdullah?????

Current chairman and controlling shareholder selling big block of 2.3m at 63 sen! The big buyer probably new controlling shareholders must value it more than 63 sen then.

Gunung and Power the twins, both strong against weak market!

KPower and co. coming!!

Why run away? Just look at KPower for inspiration and guidance!

Gunung WB undervalued, trading virtually at no premium

Said CGS CMIB's Ms Lim: "Raffles Medical could be a medium-term beneficiary, in terms of it likely getting higher patient footfall redirected from public hospitals and more vaccinations."

Gunung biz does not correlate so much to current economic or market conditions. On top Gunung currently can be catogarised as i a special condition stock. Apart from its involvement in growing green energy, it is in the midst of changing its controlling shareholder.

Any how, even without this virus pandemic, the counter is being undervalued.

Yes indirect benefit from the crisis.

True but most likely there will be higher demand for KPJ hospital as more hospital beds needed to cater for suspected virus patients and some normal patients may have to be shifted.

KPJ will benefit from current virus pandemic.

More good news coming !

Shorts got squeezed !

Tomorrow limit up again!!

Forced buy back to cover mistaken shorts.

50 should become 1 after consolidation for xright

Not adjust volume to xright, sorry

Many still trapped!

Price will shoot up further. Many people oversold especially yesterday which will have to be covered at whatever cost. Some brokers do not adjust the price to xright.

Yes

Prices before xall yesterday was depressed as many not willing or have the cash to subscribe for the right issue because relatively more money have to invested for the rights.

You will get a very good angpow after the new year. Just have to wait a little.

Just wait for surprise quarterly result coming soon!

Funding for equity portion of the project should not be an issue to Tadmax. Tadmax will most likely to sell down their initial 100% equity in the project company to the other two partners at a premium as it is Tadmax that initially developed and finally bagged the project. On top the project will be built on land in Pulau Indah belong to Tadmax. The amount of equity needed for the project will not be that high compared to coal plants. The total cost is estimated to be only at RM3.5b and the rest of the cost will be funded by non recourse debts.
Bear in mind this is an IPP project based on negotiated basis and therefore very likely the return would likely be quite attractive.
There is no delay in the construction of the plant as it is the government pushed back the Commercial Operational Date from January 2023 to January 2024.