The news for the thermal project revival will be disclosed in a month time. Ready for share price rally from tomorrow onwards!

Pizzapizza, ISD was paid only on 06 Jan 2025. Therefore your assumption of forfeiture is definitely invalid and inappropriate. The management will not be so unwise to give away money if the project is not secured.

We refer to Bursa Malaysia Securities Berhad’s queries dated 17 January 2025 in relation to
the above matter. We are pleased to furnish the additional information as below:
1. The date that the Initial Security Deposit (“ISD”) was paid to the Ministry of Industry
and Trade of the Socialist Republic of Vietnam (“MOIT”).
6 January 2025.
2. It is noted that pursuant to the BOT Contract, the parties are required to engage in
good faith discussions for a period of forty-five (45) days or such longer period as
may be agreed in writing.
Please state the effective date of the 45-days period.
The effective date is pending as we have not yet received acknowledgment of the dispute
notice from MOIT. According to the BOT Contract, the countdown should commence from
the date of receipt of the notice by either party (MOIT, the Sponsor (“TIGB”), BOT
Company (“SH2P”) or any of them).
3. Pending the resolution of the dispute between the parties on the termination of the
BOT Contract, to state whether the ISD has been forfeited pursuant to the terms
and conditions of the BOT Contract.
All parties have yet to engage in mutual discussions as required under the BOT contract.
The matter is still under negotiation and is certainly not definitively forfeited.

I am not worried of lower share price. I will take this opportunity to accumulate more.

This is the analysis from Chatgpt based on the announcement of the latest news dated 16 Jan 2025.

Potential Stock Market Reactions:
Short-Term Volatility: The acknowledgment of a dispute with MOIT may introduce uncertainty, leading to increased volatility in TVHB's stock price. Investors often react cautiously to news of legal or contractual disagreements, especially in large-scale international projects.

Investor Caution: Market participants might adopt a wait-and-see approach, potentially leading to reduced trading volumes or a temporary decline in stock price until more clarity is provided regarding the dispute's resolution.

Long-Term Outlook: The successful receipt of the ISD demonstrates progress in the project's financial commitments. If TVHB effectively resolves the dispute with MOIT, it could reinforce investor confidence, potentially leading to stock price stabilization or appreciation over the long term.

Believe me. You are going to gain within a short period of times.

Furthermore there wasn't any confirmation that banks have withdrawn the financing.

My divination has predicted that the stock is going to yield great returns in near future. I trusted my instinct.

The management has not provided any updates related to the thermal project until 6 months later and suddenly you see a series of moves triggered. My bet is on BUY call to profit on the massive gain in a month time.

I see this series of moves were strategized carefully. After six months --> 33 millions shares converted from loan stocks --> released news of Notice of Dispute --> MOIT confirmed received of ISD --> ?? MOIT reverse the stand on the termination.
I could imagine that there must be some assurance to the Shareholders that the accepted shares with value of $1.20 may cost more in the future. Likely hood of a possible revival of the thermal project or an acquisition is likely to buy up the shares at higher than $1.20. Otherwise, it is an unwise position to take up the 33mil shares without making any fuss with such huge amount. It is very absurd and abnormal. Don't you agree?

Pizzapizza, the ISD was only received on 14 Jan 2025. There must be some form of arrangement agreed upon by both parties. Otherwise, who will transfer money to someone account if the project is not going to happen. Think ahead on the move. I am pretty sure the end results are heading to revival of project in coming days. Let's see who is right in a month time. Furthermore, how much could I lose if the outcome turns negative? I could likely lose another 10 cents may be. However, the potential to gain more than a dollar to two if the news is positive. Lose peanuts or gain a big fortune, You choose it yourself.

Pizzapizza, please read carefully: "Initial Security Deposit ("ISD") amount has been received in the USD account of the Department of Electricity and Renewable Energy - Ministry of Industry and Trade."
Don't you think this already assure the project is still on?

With the latest news that shared, the project is 99% chance going to revive as the ISD has been accepted. The rest is just procedural work and documentation.

Latest news dated 16 Jan 2025:
The Board of Directors of the Company wishes to inform that Song Hau 2 Power Company Limited (“SH2P”), a wholly-owned subsidiary of Toyo Ink Group Berhad ("TIGB"), which in turn is a wholly-owned subsidiary of TVHB, has today received a letter from MOIT, dated 14 January 2025, to inform that the Initial Security Deposit ("ISD") amount has been received in the USD account of the Department of Electricity and Renewable Energy - Ministry of Industry and Trade. The ISD is intended to secure the BOT Company's obligation to achieve the Financial Closing Date by the Required Financial Closing Date. TIGB and SH2P have notified MOIT of a dispute between the Parties and requested MOIT to place the amount of the ISD in a segregated account held by MOIT while the resolution of the dispute between parties is pending pursuant to the BOT Contract.

The Company remains committed to engaging in good faith and without prejudice discussions regarding the Notice of Dispute with MOIT and will provide updates on any material developments in due course.

I strongly believed that the thermal plant will be revived. Otherwise, it does not make sense to issue the Notice of Dispute after 6 months later. There must be some kind of consensus agreed from the Vietnam side to continue with the project. Toyo is confident that the project will be alive now so therefore the NOD is meant for the Vietnam government to reverse their earlier decision for the termination of the project. Sit tight to prepare for the rocket jump soon!

It may be also possible that an acquisition is going to happen and buy over all these shares at an even higher price from these shareholders. Otherwise, it makes no sense to accept the shares at such high price value.

If the converted loan stocks to shares at RM1.20 are accepted by the shareholders, the current stock price at RM 0.495 is considered very cheap. Seem like the Notice of Dispute that issued to MOIT is going to yield some good results. Otherwise, no one is so unwise to agree the price at 2.5x its current share price. Get ready to hear some positive feedback from Vietnam government.

I have missed an announcement on 06 Jan:
TVHB has issued a Notice of Dispute ("Notice") to MOIT. Pursuant to the BOT Contract, the parties are required to engage in good faith discussions for a period of forty-five (45) days or such longer period as may be agreed in writing. We have nominated our representative to facilitate and follow up to schedule the discussions. If we fail to gain satisfactory outcome pursuant to the said Notice, we will then exercise all legal remedies available to us under the law.

I believe the revival of the Thermal plant should be soon as this is merely an avenue or excuse for the Vietnam side to save face and allowed them to reverse their decision to terminate the contract during then. Therefore we should see some positive response in 45 days. Otherwise Toyo should have raised the subject since July last year and not wait till now then to issue Notice of Dispute.

If the sell wall persists but doesn’t cause significant price drops, it indicates strong demand and confidence in the acquisition rumors - bullish signal.

It is unusual to see heavy sell wall to block the price from going up. Seem like the acquisition or JV rumours could be true.

I have gotten news that the management has visited Vietnam recently. Believe it or not. Up to you. The price has already gone right bottom. How far can it drop further? However, the upside is exponential if the news of revival disclosed.

We shall see what news to come next week.

The news for Thermal Power Plant revival is going to reveal soon.

ValueInvestor888, you are going to reap more profit in the coming months. Good news to come pretty soon.

Changing of different power method is not an easy option. The plan for existing coal technology has extended more than 10 years. Switching to other power generation method is not feasible. Not to worry. Coal power plant remains. I strongly believe the news will be out pretty soon.

It is up to you to believe it or not. My QMDJ prediction has indicated power plant to be revived in Winter period. This could be anytime in Oct, Nov or Dec 2024. In addition, with the news of Vietnam representative visit, it could further affirm the progress of the revival. Don't you notice that the banks have not mention any recall of loan facility. Obviously there must be some surprises coming out of the magic hat soon.

Accumulated quite a lot today. Time for a rebound soon.

My forecast is Winter period. Tomorrow is just the beginning of winter. However, I have heard rumour that Vietnam representative has visited Malaysia office some time ago. I believe the project revival is imminent.

Be patient. Let's wait for 08 Oct 2024 for announcement of power plant project revival. Buy low now before regret later.

Two months has passed since the last termination announcement and yet no recall of loan by banks. Seemed like the Power Plant project is going to revive pretty soon.

It is surely worth the long wait till the Power Plant project revived. Looking at the fact that bank has not made any request for the withdrawal of the syndicate loan. It only proofed that the project is still possible ongoing. The revival may take a bit of time due to transition of power in Vietnam. I hope the prediction become real in Oct. In the mean time, I will suggest not to push the price but to accumulate as much as possible.

Based on my previous QMDJ analysis, it seems the Power Plant project revival need to wait till 08 Oct 2024 in the Xu month. Still can slowly accumulate for the entire Sep month. Good luck!

I have performed another QMDJ forecasting asking for when is the day to make huge profit in the Toyoven shares that purchased or the day when the project for Power Plant to be revived.
Here's the analysis on situation and it is could be very detailed and lengthy.
The result components consisted of Ren and Xin stems, Heart, Surging Snake and Sheng Door.
Ren + Xin = The Snake in this formation represents treachery and underhanded dealings, as well as lingering problems that appear to resist a resolution. It is more than likely that under these circumstances something will change drastically.
Heart + Life Door = These occurrences denote the possibility of escaping from harmful events. All will be calm and peaceful, without a hint of trouble.
Furthermore, Heart Deity is Strong in You Palace.
However, Wu, which is the profit, in Qian Palace is in Death and Emptiness. Therefore, it is still not the time to make huge profit at the moment until Chen/Si days fill out. That means the earliest days are 20 Aug or 21 Aug 2024. Otherwise it could be longer into Winter season.

In summary, the project for power plant in Vietnam to be revived will be announced next week the earliest. If you have not accumulated enough now, buy ahead before it is too late. Good luck to all that believe in QMDJ forecasting.

What clue? Buy as much as you could before it is too late.

It has been almost one month since last announced on 12 Jul 2024 about the syndicated facility. I believe the negotiation with the Vietnam government should be still in progress and likely the project should be revived pretty soon. Get ready to accumulate now before it is too late.

Still not to late to ride the last train call.

I happened to come across this articles. Although it is nothing new, it may let you think deeper. https://theedgemalaysia.com/node/718197.
I hope this could help you think the next step what the management will do and what Vietnam government want. Based on the nature of business dealing with the Vietnam, money could resolve the issue easily. The potential to revive the contract could be anytime soon.

AssaultedPeanut, your mass accumulation of stocks will be very rewarding soon. Definitely could multiply by at least 3x the current investment in the near future.

On 18 Jul, there was a record net inflows volume. This clearly a signal that there were some syndicates supporting the price of this stock from falling below $0.68. I do not rule out the banks were some of the purchaser as obviously they may have the first hand news about the whereabout the facility to be utilised. Unfortunately, the death of the ruler in Vietnam has dragged and delayed the announcement of the revival of the power plant at this moment. Based on my chart analysis, let double check for the news 6 days later.

Let me take this opportunity to share with you my Qi Men Dun Jia forecasting result. Unfortunately, I could not paste an image here. There are several information derived from my chart which have clearly indicate a good investment opportunity.
1) Geng + Xuan = Business Crisis
However, the water element of visiting Constellation produces the wood element of the palace, the crisis in question can be resolved by itself and is likely to dissipate in time.
2) Life door produces Wu: This is a positive forecast which represents a profitable investment activity. The timing is favorable to consider making an investment as the returns will be profitable.

Let's see if my prediction could be realised in the near future.

Don't you notice that there is an accumulation of stocks for the past few days? The stock price always reverse its downward trend before closing and some more ended positive yesterday. I believe there should be some good news about the revival of the power plant soon. I suggest you accumulate slowly before it is too late.

Please be aware that Vietnam is currently holding a state funeral ceremony for the death of its highest personnel. There should be news after the event. My QMDJ has predicted that the financial crisis has been overcome and it should be resumed soon.

The project for the power plant will resume.

Based on my QMDJ analysis, the financial crisis is a manageable problem and is under control, but it is tremendously exhausting for the management. Let's hope we could hear some good news from the management next week.

It is pretty obvious that the project is technically revived as banks have not made any disagreement for more than 10 days about the financing facility. The project is definitely not terminated.

Do not miss the opportunity to accumulate before the news break out next week.

Latest update! Two-day state funeral is scheduled for July 25-26​ for Nguyễn Phú Trọng, the General Secretary of the Communist Party of Vietnam. Once funeral ceremony over, the project will be revived.

3 weeks have already past, I believe the news of revival of power plant in Vietnam should be out by next week.

Looking at the strength of net inflow buy orders, the news to revive the Vietnam contract is imminent.

Hit record volume now. Up..Up all the way. 30% limit reaching soon.