Meatbone,

are u insider? u sound very familiar with wte...

Financial info from its annual report
Total assets for Cypark is 2.7b; net asset is 1.2b
Main components for the total assets 2.7b:
1. PPE 0.5b - stated at cost less depreciation
2. Intangible asset 0.9b - stated at cost, tested no impairment compared to the present value of 20-year cashflow projections
3. Contract asset 0.8b - value based on total proceeds receivable under the contract, which are yet to bill
4. Cash balance 0.3b
5. Receivables 0.2b

from the above the Net Asset already represent fair value of the company's equity, divided by number of shares it should be the intrinsic value

still give a good dividend, for those who bought like 1yr + ago

https://onedrive.live.com/?authkey=%21AMqcB84blZFu6Js&cid=3E9B58FF60373221&id=3E9B58FF60373221%2113675&parId=root&o=OneUp

they posted at website, this is the 900mil wte project right...

drop again...

message from ceo

https://www.linkedin.com/company/cypark-resources-berhad?trk=organization-update_share-update_actor-text

@klse2022 yes, long term investor who bought above RM1 those days... get stucked

@kenny rojer
yea, average price on 25-26/5 only 0.40, what for throw the share at the low price
looking at the shareholdings and today's announcement, the directors still holding some shares...
other than force selling, cant think of reason to sell at 0.40
Net asset RM2 per share...
all the solar farm are there, all tangible asset

@RISK8888 Agreed with u, i have the same thoughts

base on my observation, EPF selling on 24/5 trigger price drop and subsequet cause force selling by the director. If this is true, that explain the reason behind price fall. EPF 5mil volume enough to trigger huge drop in price (as avg volume only 1-2 mil per day).

margin call, like last time... should be...
the drop started on 24/5, the same day EPF dump 5mil & 1 director 4mil
after that 25/5 & 26/5 big sales dy
EPF do short selling ka?

Bursa's main income from trading & clearing fees... as long as there's active trades, it's making money

dun forget that palm oil is cyclical... got to be careful with high valuation now

why Allianz good results but price stays? wondering why... and good dividend too

yea it's all one-off gain, BAU worse :(