1 day

boss sapu all 3%

kpower 50% small investors, that why panic sell

kwsp and fund manager will hold la, they not panic like small investors

dont worry la, we all small investors, 3% of total share holder

kpmg refused sign on serbak..... kpower difference auditor

1.50 many investors collect..

hopefully kpower can tahan this wave...

10%

serbak kacau....

Tuesday actually price stable after pp announced...no more bad issue, kpower up trend

just collect 1.49... wait 3 mths all the issue cleared, price will back to normal

kpower project lss4, hydro..mainly malaysia and we know project betul betul ada...so what worry?

top 10 active...first time

@ longterm..good explanation

annual report 2019

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3054172

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=200300

u people panic sell,, kwsp makan

u can check serbak share holder, 97% hold by 100k and up shareholder... only 3% 100k below shareholder...

since management already make statement, no need worry la...

anson now keep selling push down below 1.65

Target price 2.47....

KPower - Proposes private placement of up to 11% new shares
Author: AmInvest | Publish date: Tue, 25 May 2021, 10:39 AM

Investment Highlights
We maintain our BUY call, forecasts and fair value of RM2.47/share based on 18x revised FY23F EPS. We value KPower at a discount to the average forward 20x PE of leading renewable energy players globally to reflect: (1) KPower being a relatively new player in this space; and (2) its relatively small market value. No ESG-related adjustments to our fair value based on a 3-star rating as appraised by us (Exhibit 2).

KPower has proposed a private placement of new shares of approximately 10.8% of its outstanding shares or 48.8mil shares at an indicative issue price of RM2.05/share. The RM100mil proceeds from this exercise are mainly earmarked for working capital (i.e. 50MW LSS4 power plant, mini hydropower plants and other upcoming projects).

Based on our estimates, the gross proceeds of RM100.0mil will increase KPower’s net cash position to RM163.5mil (or 25 sen/share) from RM63.5mil (or 10.5 sen/share) as at 31 March 2021.
Meanwhile, based on our calculation, the new shares will dilute its FY23F core EPS by 6% as a 10.8% expansion in the share base more than offset a 2% earnings enhancement arising from interest income (based on an interest rate assumption of 2%). Assuming the deal is to be completed, our fair value shall fall to RM2.33 based on the same valuation basis. We are neutral on this development.

YTD for FY21F (June), KPower has secured jobs worth a total of RM1.2bil, which is still within our annual job wins assumption of RM1.4bil for FY21-23F (vs. KPower’s guidance of RM2.0bil for FY21F). The group’s outstanding construction order book stands at about RM2.0bil.
We continue to like KPower for: (1) the bright prospects of renewable energy, underpinned by the global trends towards clean and sustainable energy and carbon neutrality to combat climate change; and (2) its strong earnings visibility and growth potential underpinned by its RM2.0bil order backlog on green utility projects, coupled with a massive tender book of RM3.4bil.
At about 12x fully-diluted FY23F earnings, we believe that this homegrown renewable energy player has a compelling investment case given its involvement in the green sector where the growth trajectory is just beginning.

AnsonLiew rip all gg go holland

if tomorrow market open price no crash i disappear from tis forum Lol
24/05/2021 9:09 PM

AnsonLiew illustration price only la Lol

not the actual issue price

price sure crash

i invest 10 year never see price can up after pp annouce

go check the trade record of u find a stock go up after pp announce in Malaysia market i cut my gugu
24/05/2021 9:07 PM

share price will divide 3...

need find sifu ...

2.05x10%

PP 100m

No split....0.40 cannot archive

how to calculate?

For illustrative purposes only, the indicative exercise price of the Warrants is assumed to be RM0.18, which represents the TERP of Techfast Shares, calculated based on the 5-day VWAP of Techfast Shares up to and including the LPD of RM0.313.

the minimum amount to be raised from the Proposed Rights Issue with Warrants of RM9,047,603.28 which will be channelled towards the proposed utilisation of proceeds. Accordingly, the Board will fix the issue price of the Rights Shares at no less than RM0.12 each in order to achieve the said minimum amount to be raised from the Proposed Rights Issue with Warrants after taking into consideration the prevailing market conditions and market prices of Techfast Shares at the price-fixing stage, subject to a maximum allowable discount of not more than 50% to the TERP of Techfast Shares based on the 5-day VWAP of Techfast Shares immediately preceding the price-fixing date.

Reference is made to the earlier announcement by UOB Kay Hian on behalf of the Board on 14 April 2021 in relation to the Proposals ("Initial Announcement")

On behalf of the Board, UOB Kay Hian wishes to announce that subsequent to the Initial Announcement, the Board has decided not to proceed with the Proposed Share Split and pursuant thereto, the Board has determined to revise the basis of the Proposed Rights Issue with Warrants whereby Techfast will undertake a proposed renounceable rights issue of up to 909,204,618 Rights Shares on the basis of 2 Rights Shares for every 1 existing Techfast Share held, together with up to 454,602,309 Warrants on the basis of 1 Warrant for every 2 Rights Shares subscribed for, on an entitlement date to be determined and announced later. For avoidance of doubt, there will be no changes to the Minimum Subscription Level and the minimum issue price of RM0.12 per Rights Shares as per the Initial Announcement.

For information purposes, there is no change in the details of the Proposed Disposal and the purpose of this announcement is to announce that the Company will not proceed with the Proposed Share Split and the revised basis of the Proposed Rights Issue with Warrants.

The changes to the relevant sections of the Initial Announcement arising from the revised basis of the Proposed Rights Issue with Warrants and without the Proposed Share Split is set out in the ensuing sections. There are no other changes to other sections of the Initial Announcement.

tmr 1.50....go go go

1.38..huhu

agree with batteriesnotincluded....good advice..

https://www.facebook.com/vyconchong/videos/202930991668595/

short term run, long term hold.. that why many ting dong ting dong

3 sen?

eps 4.17.….

RM 5 billion/ 452.33m=RM 11.00

You can see this company on track....don't worry just hold until KPOWER 's Value RM 5B



July 29, 2020 17:00 pm (old news)

Now, former banker Mustakim wants to take KPower’s value to RM5 billion within five years. Getting there is not impossible, he says, as the group can secure another RM2 billion worth of renewable energy power plant construction contracts next year.

“When we took over the company, it had only about RM70 million in market capitalisation. After one year, we are valued around RM350 million. Today, we have RM1.2 billion worth of contracts and we are growing, with a target of another RM2 billion next year.

“So, we can get RM3 billion worth of contracts in just two years. To achieve RM5 billion market capitalisation, I think it is not that difficult,” says Mustakim in an exclusive interview with The Edge.

monday will fly..no lock down

time for u to choose..healthcare, technology, green energy, bank...?

lock down, government also terrible

almost all sector chart terrible, pe10, rm1.60 good enter price, down risk 1.55, potential up 3.00... so apa lagi mau tunggu?

https://www.facebook.com/116305656437145/posts/625222462212126/

rebound soon