Now is month August, cypark schedule to announce COD for power plant in Sept. Only need to wait another month to get rid of rumour uncertainty risk

Completed asset disposal, now awaiting special dividend announcement.

Recovery

https://www.tradingview.com/symbols/NYMEX-D1N1%21/

Beware, upcoming Q2 result will be very excellent as crack spread hit average USD25, BUT, the following Q result will be tumble as crack spread just hit limit down -33% again to USD 7.9 for month aug 2022

Beware, upcoming Q2 result will be very excellent as crack spread hit average USD25, BUT, the following Q result will be tumble as crack spread just hit limit down -33% again to USD 7.9 for month aug 2022

https://www.tradingview.com/symbols/NYMEX-D1N1%21/

so many force selling, but pressure keep on absorb. Even TA is bearish, but i decide to continue hold tight as COD is near announcement

As told earlier, cypark is LSS2 financer. Cypark will earn interest revenue on top of principal repayment + O&M from LSS2.

Once selling pressure absorb well, its time to up again. Those shorties in the morning stand to backfire again

Selling pressure easing, recovering on track

Still is uptrend chart

Its healthy correction so long stock price remain above 42sen

Asset disposal monetize RM 1.5 billion, cash out 70sen/share. Affin affird to payout at least 30% to reward shareholder

Profit taking is expected today due to t+3, lets market absorb pressure, pave way for next strong recovery

Power plant assest to be commercial operation by sept 2022 and dec 2022.

1. 3unit x 30 MW each RM 230m = RM 690m

2. 100MW = RM 550m

3. WTE = RM 900m

Total power plant assest = RM 2.1 billon

Good closing, thumb up Affin

hahaha pity clown shorties, under self-illusion, denial state, wasting time lollll

Pity lol, you shortist sell a stock that you did not own at morning , and thinking buy back the stock later within the same day before market close stand to get backfire. Pity clown

:D)

Now cypark is on both TA + FA, both show good indicator

supper bullish

Go short if you can, wait next month, you will get backfire lol, hahaha

TA is bullish

The cycle wont repeat back again as the main culprit of delay in commissioning COD for WTE and solar power will be resolved by Sept. Next week already Aug, cypark may surprise market if can announce earlier than expect COD date in Aug, otherwise, just wait another month, Sept, COD announcement is key re-rating for cypark

TA weakness

Today cut toyo at 67-69sen

Armanda net gearing level will lower to below 0.8x by end year.

Bumi armanda profit USD denominated, higher USD rate translate into higher MYR profit

added all more cypark at 40.5sen

WTF is completing testing and commissioning soon, just wait for COD announcement

Higher high - - - > bullish signal

sold at 77-78sen, bought back at 72sen

Caution! crack spread now at USD10, future next month indicate further tumbling to USD 7!

Caution! crack spread now at USD10, future next month indicate further tumbling to USD 7!

Incineration temperature ranges from 300–400°C, whether, wet or dry waste, no difference at such high temperature, all burn off to generate heat

hahaha, WTE use incinerator to burns completely combusted waste at ultra-high temperatures allowing for energy recovery, whether waste is wet or dry, it will completely burn off

Whether or not LSS2 award to anyone else, make no different as it is awarded by government. These private companies opt to subcon to cypark everything from funding, EPC, M&E. More importantly, the funding is via sukuk, it is non-recourse project debt, strictly guided by RAM rating, back by gov concession agreement. If no mistaken, LSS2 traffic rate is fetching as high >30sen if compared to current LSS4 17sen

Major shareholder suffer heavy loss due to margin call, judging by its ESOS cost is higher than market price. It is their fault for failure to achieved COD earlier. Many minorities also follow paid heavy loss due to intense selloff pressure.

To me, i see opportunity at current price. My previous purchase was below 30sen, locked profit at 45sen. Now, is my second round buyback at 33sen. I don need to fall in love in these stock, trading for profit is more important to me.

Short term, i wish to wait for cypark WTE COD announcement as good news, which should serve as catalyst after long overdue. Nevertheless, TA still come first, FA only second.

hope so :D)

Cypark should resume cash dividend payment to shareholder once COD achieved to all it solar plant and WTE. Cypark acting as financer for LSS2 stand to grab additional interest revenue from assets owner on top of capital upfront and O&M fees. The strong cash flow will pare down cypark debt gradually, increase free cash for dividend payment in future.

Cypark share already paid heavy price, tumbling 70% to current level due to delay in achieve COD. Cypark suffer multiple time delay on WTE is key culprit, follow by delay in LSS2 from June to sept + many rumors, causing heavy selling pressure to current low level. The risk already factor in share price.

Now, only need to fulfil it COD as soon as possible by sept for remaining LSS2 solar power plant 2 x 30MW by sept, and 25MW WTE by sept and LSS3 100MW solar plant by Dec. Form now till COD, waiting period is just 2 month and 4 month respectively, once COD achieved as plan, stock price should at least recover back to previous level.

in regard to BOT, after 25 year concession, if company seek for extension and gov willing to extend, power plant are allow to continue operation to generate power, otherwise, the plant will transfer free to gov or dismantled if power plant reach expire lifespan.

Affin CEO & preseident openly buy share, he must know insiders news, big special dividend is coming.

Waiting to be rewarded :D)

Based on total debt cypark now as RM 1.4 billion, majority are project funded for WTE 900m + LSS2 660m + LSS3 550m, partly offset by cypark own equity capital.

For LSS3, cypark through perpetual issuance RM 550m to built 100MW. These LSS3 is 60% own by cypark, COD end dec 2022

The feedstock for WTE is waste, it not only free of charge, but also is chargeable income through tipping fees. It segregation plant is to harvest recyclable waste, which is another source of income. The operation cost mainly from staff operation cost only, The WTE profit margin is highly lucrative, the revenue earn is still bigger than depreciation/interest/operation cost.

The original first delay is due to lack of access road to power plant, cypark need to build new access road direct to power plant. The second delay was due to power plant design, which need remodification. The third delay was then due to covid.

As said earlier, LSS2 was award to 3 individual private companies, not to cypark. It is nil responsible for these private company own to report publicly. Cypark only own 40% stake in one of these private company.

The individual private company could be through political link secure LSS2 total 3 x 30MW each, highly lucrative traffic rate. Therefore, these private company afford do nothing, but solely subcon to cypark to do everything for them including provide all funding. Cypark in return get EPC contract to built, provide funding through sukuk low interest issuance. Cypark later charge high interest to private company and allow defer payment later once COD through entire concession.

Bear in mind, each of these 30MW, total 3 power plant were built at cost RM 230m each. Cypark stand to received strong cash flow , both from upfront capital to repay sukuk and high interest revenue to repay low sukuk interest expense + O&M fees

buy or sell to make profit is normal in share trading, nothing to hide

hahaha, i merely make clarification about wte, lss2 and lss3 here.

In LSS2, the 2 package is given to individuals company and another is 40% own by cypark. As these individuals companies have nil finance source to buit power plant, cypark act as financer to offer funding. In return, once COD achieve, these individuals company receives cash payment from TNB, it need to payback to cypark including interest. Therefore, cypark get back upfront capital + earn interest income

Furthermore, LSS2, cypark is EPC contractors + financer peovided + O&M. Cypark own onlr 40% stake in one of the LSS2 package.

After COD in LSS2 which have 3 package, each 30MW, cypark will earning revenue interest + O&M fees

In LSS3, cypark own 60% for 100MW, COD is Dec 2022

LSS2 change location as long as gov approve internally, cypark no absolutely need to disclose everything publicly. If have doubt, just ask in AGM

WTE can produce RM 80m + tipping fee RM 20m = RM 100m x 25 year concenssion period ( assume cinstant rate)

The total revenue generated RM 2.5 billion vs. Curent WTE assest RM 900m

Once COD is announced, sky is clear