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2019-06-10 16:25 | Report Abuse
bought EWINT at 64sen
2019-06-10 11:50 | Report Abuse
bought back KPS at 1.02-1.03
2019-06-07 15:38 | Report Abuse
Be patient, Build-Operate-Transfer Contract and the Power Purchase Agreement to be completed by August 2019.
2019-06-07 15:36 | Report Abuse
Further to the announcement made by the Company on 17 January 2017 and 6 November 2017 pertaining to the Memorandum of Agreement (“MOA”) entered into between the Company with the Department of Natural Resources and Environment of Hau Giang Province (“Hau Giang DONRE”) in relation to the Land Lease Agreement (“LLA”) for the development of the Song Hau 2 - 2x1,060 MW Coal-Fired Thermal Power Plant Project in Hau Giang Province, Vietnam (“the Project”), unless context otherwise stated, the terms used herein shall bear the same meaning as those defined in the said Announcement.
The Board of Directors of TIGB wishes to announce to Bursa Malaysia Securities Berhad (“Bursa Securities”) that the Company had on 24 September 2018 entered into a new MOA with Hau Giang DONRE with revised terms and conditions of the LLA.
Timeline For Completion of The LLA
(a) TIGB shall use their commercially reasonable efforts to reach agreements on all outstanding terms and issues relating to the Build-Operate-Transfer (“BOT”) Contract and the Power Purchase Agreement (“PPA”) in good faith and as soon as possible and it can be reasonably estimated to be completed by August 2019.
(b) Hau Giang DONRE shall use their commercially reasonable efforts to accommodate certain changes raised by international lenders in the LLA which are standard and usual for this type of non-recourse financing and are in accordance with the Laws of Vietnam.
(c) TIGB and Hau Giang DONRE shall use their best efforts to make changes to the LLA to the extent that they are required to make it consistent with the BOT Contract and the PPA after the BOT Contract and the PPA are finalised.
(d) The new MOA shall become effective on the date of its execution and shall continue in effect until 31 August 2019 or the date of signing of the BOT Contract, whichever date is earlier.
(e) The new MOA shall replace the MOA dated 27 October 2017 in its entirety as from the date of execution of the new MOA.
2019-06-07 15:34 | Report Abuse
1. Forward EPS 8sen (profit margin boost due to strengthen USD/RM + china/US trade war benefited malaysia exporter leading to higher volume sale)
2. dividend payout 40% = 3.2sen,
3. Valuation 10x = 80sen
4. dividend yield = 4%
5. warrant conversion price = 55sen
6. Intrinsic warrant value = 25sen
7. Upcoming 1 for 4 bonus warrant value = 6.2sen/share
8. Total potential upside from current share price 36%
2019-06-04 11:37 | Report Abuse
Be patient, awaiting for explosion 2 x 1060 MW IPP worth USD 3.5 billion, to be signed within next 2 month.
Under Trade warm, Vietnam is TOP beneficial country, many investment are shifted to Vietnam. Vietnam will become global manufacturing hub. A lot of power is needed to meet such influx investment. Many new power plant need to be build on fast track to meet ever increasing demand from manufacturing.
Toyoink will likely opt fairly similar business model alike jaks, secure foreign partner to build and retain about 40% stake in IPP,
Under BOT concession, profit will be recognized as soon as construction begin. The profit margin recognized during 4 year construction period is higher if compared to after power generation as it need to take into account depreciation/amortization etc.
2019-06-04 11:24 | Report Abuse
1 for 4 bonus warrant to be announce after EGM approval on 14 June. The conversion price at 55sen implying upcoming warrant already in money.
Upcoming Q result also is expect to deliver stronger result due to strengthen USD and therefore expect to declare higher interim dividend.
2019-05-31 18:36 | Report Abuse
Total interim dividend 1 sen and now final dividend 2 sen = 3 sen dividend, very attractive yield income while awaiting for explosion 2 x 1060 MW IPP worth USD 3.5 billion, to be signed within next 2 month
2019-05-31 18:33 | Report Abuse
Wow, final dividend 2sen
2019-05-31 15:16 | Report Abuse
Toyoink dividend policy to payout 60% net profit as dividend. Expect another 1.5sen final dividend to declare on top of 1swn interim dividend. The next 2 month is critical time for toyoink to sign power purchase agreement to kick start Vietnam’s power plant 2 x 1060 MW
2019-05-31 14:49 | Report Abuse
bought Toyoink at 63-65sen
2019-05-31 10:25 | Report Abuse
Sold back all Naim at 79sen, locked profit
2019-05-30 10:40 | Report Abuse
Bought homeritz at 64sen
2019-05-29 11:25 | Report Abuse
ECRL and Bandar malaysia theme ---> both mega project require as much as 50% contract value to be allocate to Bumi contractor. These all requirement augur well for AZRB
AZRB is top BUMI A-class listed company
2019-05-28 11:54 | Report Abuse
50% of the local contract value for ECRL will be allocate to Bumi class A contractor ---> AZRB
2019-05-28 10:01 | Report Abuse
bought danco at 55.5-56.5sen
2019-05-27 16:50 | Report Abuse
bought more AZRB at 37.5-38sen
2019-05-27 09:09 | Report Abuse
sold off all teo seng at 1.08-1.09, cut loss first
2019-05-24 14:39 | Report Abuse
Earning accretive acquisition toyoplas with 2 year NET profit guarantee for 2 year RM 38m and RM 42m, implying KPS earning increment EPS 7.2sen/share and 8sen/share
2019-05-17 20:58 | Report Abuse
New acquire business for RM 311m with sustain net profit 35m, PE 8.6x, give KPS earning accretive
2019-05-14 15:13 | Report Abuse
Wind and solar power are poised for a significant rise in Vietnam and will hit 19.9 GW by 2030, according to a new report...
https://www.smart-energy.com/renewable-energy/vietnam-poised-for-renewable-boom-report/
2019-05-14 14:04 | Report Abuse
Coal power plant now, next growth will be solar power in Vietnam
2019-05-14 14:03 | Report Abuse
The Board of Directors of JAKS Resources Berhad ("JRB" or "the Company") wishes to announce that the Company has on 14 May 2019 entered into a Memorandum of Understanding (“MOU”) with LICOGI 13 (the “Vendor”), a joint stock company incorporated in Vietnam to set out the expression of interest of JRB to acquire the Lig-Quang Tri Solar Power Project (“LQT Solar Power Project”) from the Vendor (“Proposed Acquisition”) as well as to set out the intention for the Vendor and JRB (collectively referred to as “Parties”) to enter into joint venture arrangements or sale and purchase transactions in respect of other or future solar and wind energy projects in Vietnam, at the consideration and upon terms and conditions to be mutually agreed between both Parties.
2019-05-10 10:54 | Report Abuse
The revival of both ECRL and HSR and recovery of oil and gas are all catalyst factor to AZRB, a bumi A class contractor.
2019-05-10 10:25 | Report Abuse
technical advisory consultant and commercial advisory consultant for KL-Singapore HSR.
https://www.theedgemarkets.com/article/govt-hires-consultants-revise-hsr-project
Stock: [HOMERIZ]: HOMERITZ CORPORATION BERHAD
2019-06-11 11:01 | Report Abuse
Courting down time heading to EGM approval for bonus warrant