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2020-01-15 09:49 | Report Abuse
Coincidently both Tadmax and Jaks IPP have same capacities of 1,200 MW. However Tadmax power plant is gas fired and therefore cheaper to build and easier to operated and environmentally cleaner compared to that of Jaks coal plant.
2020-01-15 09:37 | Report Abuse
Just compare Tadmax with Jaks and both in very similar biz; property development and IPP. Tadmax property biz is not a drag for the company unlike that of Jaks. Tadmax own 40% of IPP in Malaysia with strong local and foreign partners and will not be expose for forex risk and not to mention foreign political country risk. In comparison Jaks only at least currently own just 30% and with exposure to foreign exchange risk and political risks. Market cap of Tadmax is only currently about less than RM 220m only whereas that of Jaksis roughly RM 830 m. On top Jaks has warrants that will be dilutive to current shareholders and not to mention Jaks had issue large amount of free shares to its management!
2020-01-15 08:54 | Report Abuse
Eden has a good land bank but what is more important is the biz it is operating to produce continuing earnings. It core biz are hospitality and tourism services and IPP power plants in Sabah and Kelantan.
2020-01-13 08:37 | Report Abuse
London properties especially in high end sector are now recovering and pound is expected to recover too once uncertainty on election and Brexit is over. Invest for the future and do it at your own assessment and valuation.
2020-01-13 08:18 | Report Abuse
As expected there will be big positive change very soon. Gunung is still undervalued as not only it has biz in transportation but more interestingly is a big developer of a no of small hydro projects. The company balance sheet is still strong despite engaging in a no of projects.
2020-01-10 16:32 | Report Abuse
Even at these current price that has gone up a lot, the market cap is well below 140 m!
2020-01-10 16:29 | Report Abuse
Big news and change coming soon! Price very likely to exceed 60 any time soon.
2020-01-09 11:08 | Report Abuse
Gunung Warrant WB still undervalued compared with the ordinary shares, On top the gearing is good and together with good future earnings of Gunung, these warrants will give excellent upside.
2020-01-09 11:04 | Report Abuse
Noted that large transactions off market all at 55 sen. It may mean that the new shareholders is willing to value Gunung at least 55 sen.Most of the earnings will be from renewable energy from hydro plants in addition of from transportation services.
2020-01-06 19:07 | Report Abuse
Today more than 9.4m shares of Gunung traded off market at 55 sen! There were heavy trading of Gunung WB a few days earlier. Definitely something brewing as the company just got RM 44 m contract for transport services and more interestingly it is actively developing a number of hydro projects, some of them have just been completed.
2020-01-06 12:40 | Report Abuse
Tadmax price will gradually but steadily go up in keeping with the progress of the plant construction and operation. Current price seems do not yet include any value of the power business. The return of its power plant likely to be attractive as it was awarded before the new open bidding policy. Tepco as the technical partner will ensure that the construction and operation will progress smoothly with minimum risk.
2020-01-05 10:45 | Report Abuse
Eden will benefit from Visit Malaysia Year as it is in tourism and F&B biz in addition to owning two rehabilitated IPP plants in Sabah and Kelantan, not to mention sale of land for ECRL project in Kuantan! Forward earnings very likely to surge.
2020-01-04 19:43 | Report Abuse
Probably a new shareholder taking over the company via purchase of both equity and warrants? Whatever the counter will definitely surge in price as It has a no of small hydro-plants under construction and development!
2020-01-03 16:31 | Report Abuse
Currently Tadmax trading much below it's net asset per share of 49 sen without the IPP! With the IPP ia now officially going ahead, you can imagine what the price will be going forward.
2020-01-03 09:12 | Report Abuse
Remember the Net Asset alone is more than 70 sen. Earnings from two power plants that have been rehabilitated in Kelantan and Sabah will boost up the price further.
2020-01-02 20:41 | Report Abuse
Buy on way up, sell on way down for those who follow momentum style of trading, and must be willing to cut loss quickly.
2019-12-31 11:36 | Report Abuse
Only invest in companies whose biz models and operations we understand.
2019-12-31 10:46 | Report Abuse
Only invest in companies whose biz models and operations we understand.
2019-12-31 10:42 | Report Abuse
I fully agree that a company with high debts must generate high cash flow. If the Capex intensive investments are not backed by contractual incomes that certainly a very worrying situation and we must avoid at all cost to invest in such situations.
2019-12-31 10:32 | Report Abuse
Once the high Capex projects are commissioned the cash flows will be produced. But please keep in mind that as the company is still in expansion and growth mode, cash will continued to be consumed for future projects. Invest for the future earnings and prospects and do it at your owned risk!
2019-12-31 10:03 | Report Abuse
Having high debts for this kind of company is normal as Cypark is investing in high capital investment projects. The debts are usually non recourse to the holding company and future incomes are secured via long term contacts for 21 or 25 years so the debts repayments and earnings are backed by robust future cash flows. No worry!
2019-12-31 09:53 | Report Abuse
Cypark has just won 100 MW solar project in Trengganu and soon the waste to energy and other solar farms under construction will contribute significantly to near future earnings not to mention future possible projects under planning and development. Invest for future earnings and prospect but please do it at your own risks [and rewards]!
2019-12-31 09:24 | Report Abuse
Surprise that the controlling share holder got rid all of his warrants at 12 sen !
2019-12-31 09:22 | Report Abuse
Surprise! The controlling share holder sold all his warrants at 12 sen. Why? May be we should follow his decision.
2019-12-30 17:40 | Report Abuse
Gunung Warrants currently trading at zero premium
2019-12-26 16:07 | Report Abuse
Gurung is small much undervalued stock with growth in the right sector with visible earnings in near future.
2019-12-26 13:23 | Report Abuse
On top the warrants have high gearing too!
2019-12-26 13:19 | Report Abuse
Gurung Warrants B currently underpriced compared to the mother shares. It's Exercise Price is only 40 sen and it is already in the money!
2019-12-26 09:35 | Report Abuse
Only some of Gunung hydro plants just recently been completed but more are under construction and planning. More capital expenditures are required for the these projects under construction and development. Invest for the future not the past.
2019-12-24 19:07 | Report Abuse
The more exiting and growing stable source of income will be from the development and operation of a no of small hydro projects, some of them are just being completed in construction and while others under construction. In addition more are being planned for future development. Renewable energy from hydro plants will overshadow and outlast the transportation business.
2019-12-24 16:47 | Report Abuse
Gunung was unfairly treated when the new gov abruptly terminate Khidmat Negara Program
2019-12-24 15:18 | Report Abuse
The Gunung Warrant will catch up soon.
2019-12-17 14:34 | Report Abuse
Yes long term 21 year contract for each hydro power plant will provide guaranteed steady income stream
2019-12-17 14:19 | Report Abuse
Transformation from providing busses and transportation operator to developer and operator of renewable energy sources, small hydro plants.
2019-12-16 16:25 | Report Abuse
What is there more to announce? Thoughtful analysis using already publicly known informations will give you the intrinsic value of the company. And price will sooner or later will reflect the value.
2019-12-13 11:47 | Report Abuse
Under NFCP telcos are required to share both fixed and mobile infrastructures and this policy will bode well for OCK future.
2019-12-13 10:43 | Report Abuse
AmProp will benefifrom it's investment in London properties as Conservatives is expected to win the UK election. Property prices expected to rise and so the pound sterling as well - a double gains.
2019-12-13 10:33 | Report Abuse
Eden has 60 MW power plant in Sabah and 20 MW hydro power plant in Kelantan. These plants being rehabilitated and will contribute significantly to Eden profit going forward. In addition it will benefit from Visit Malaysia Year as it operates tourism related facilities in Langkawi in addition to Eden Restaurants.
2019-12-12 11:41 | Report Abuse
Please search for straned assets for coal plants in India to understand the actual situation on our plant iin Chhattisgarh. It does not look good especially for those located in that state.
2019-12-11 09:17 | Report Abuse
Buy on future performance and possibilities based on informed and rational judgement, not on emotional feelings or outbursts.
2019-12-10 13:39 | Report Abuse
Currently it is trading much below its NAPS of 78 sen!
2019-12-10 13:36 | Report Abuse
Don't forget AZRB is the concession holder and the contractor for EKVE and Teaching Hospital for International Islamic University.
2019-12-05 11:06 | Report Abuse
The Auditor resigned not because of Eden but the auditor is prevented from doing auditing works for public listed companies for for 1 year by SC.
2019-12-05 09:30 | Report Abuse
No longer potential but reality, Tadmax has already got approval for the IPP in Pulau Indah.
2019-12-04 14:56 | Report Abuse
In investing, you read about the past history only to know about the current state of the company but for investing you look to the future performance and possibilities . Gunung is one company that is transforming itself from land transport operator to a major player in green energy, small hydro projects developer and operator.
2019-12-02 13:40 | Report Abuse
India IPP his investment has been fully written off but the plants are ready for commercial operation so only upside left for this investment.
Stock: [MAXIM]: MAXIM GLOBAL BERHAD
2020-01-15 12:03 | Report Abuse
The IPP project had only very recently been officially approved. The construction will take about 3 years only as it is much simple plant compared to coal plant and commercial operation is targeted for 1 January 2024, four years from now. You can not simply construct a plant as and when you like as it is an IPP which has to comply strictly with the requirements and contracts with the regulator and the off taker. For your info KEPCO is the largest power utility company in South Korea with vast experience in a no of thermal plants including nuclear.