200 shares to keep it at 8 sen again, it is so obvious someone is still collecting for the big push. What say you Khatulistiwa......

Looks like they are still suppressing price for more collection.

That means no throttle yet

What are you trying to say Khatulistiwa?

Khatulistiwa, hi, what price level are we looking at by Feb?

sostupid, your extremely BAD ENGLISH is making you real garbage. Please just get lost.

As stupid as the name suggests

This idiot belongs to Tg Rambutan.

It's Focus dated when?

ran 777, can please post article here. Many thanks.

This guy is confirmed a mental case.

sostupid, just shut up laa. You are as stupid as your name suggests. And nobody could understands what the F(*%^)$%* you are about the whole time.

When you think is the goreng time? Your source reliable or not?

Khatulistiwa, why is this counter still so quiet? Tot you said this is going to be a shooting star any time now.

You're getting free warrants, it's normal that the share price adjusts itself for the warrants upon listing.

Bone, can please pm me at 0122162718 so I can ask you more on Vsolar. Not very nice talking about Vsolar on Gunung thread.

LOL, that's a wait till eternity ;)

I tot they may ramp it up another round for the 3:1 rights. Just my thought.

Bonescythe, I tot you may want to relook at Vsolar cos the implementation of the Rights 3:1 could be anytime now to finance the solar farm in Perak. They've been given up to Mar 2017 for completion of the rights, so I believe they will drive the share price up any moment now. The ESOS has been given out to employees at 10sen already.

Bonescythe, thanks for sharing. I must apologise for overlooking that Vsolar indeed went up to 46 high in April 2015 after your rec in November 2014.

Bonescthye, you were promoting Vsolar up to 30 Sen short term and 50 Sen long term and it's only 6.5 Sen now.

Bonescythe, you're not looking at Vsolar anymore?

Khatulistiwa, is this only your own illusion?

This article first appeared in The Edge Financial Daily, on June 27, 2016.

KUALA LUMPUR: The renewable energy sector is booming and many firms are flocking to the business.

ACE Market-listed VSolar Group Bhd, which has spent RM9.2 million to establish its maiden 1mw solar power plant in Perak after obtaining its feed-in-tariff approval from the authorities, previously said it expected the venture to return the company to the black in its financial year ended Dec 31, 2015 (FY15).

But it has missed the date, as the plant has yet to commence commercial operation, due to technical difficulties that will likely only be ironed out by month-end, which means another financial year — its FY15 now ends on June 30, 2016 and will comprise 18 months as it has recently changed its financial year end — in the red.

VSolar executive director Leung Kok Keong said the solar farm in Simpang Pulai, Perak, was supposed to be up and running by the mid of last year, but the commencement was delayed after it was found that the plant had problems integrating with the grid, and that its power generating efficiency fell short of expectations.

“The panels were not running at the efficiency level required. Some of the panels were not collecting sufficient energy as per their design. We also found some cabling issues,” Leung told The Edge Financial Daily in an interview recently.

“We have been repairing [the cables] and running several tests of the solar panels over the past nine months. I am cautiously optimistic that the final testing process can be completed by the end of this month.” He expects the plant to start yielding returns from FY17 onwards.

On whether there is a penalty imposed on the delay in providing the renewable energy (RE) to Tenaga Nasional Bhd (TNB), Leung said there is none. He also gave assurance that the power purchase agreement (PPA) is still valid.

“Both TNB and the authorities are patient with us. They understand we have invested quite heavily in the project,” he said.

In 2013, VSolar’s unit Solar Interactive Sdn Bhd inked a 21-year RE PPA with TNB to sell the electricity generated by the plant at a fixed tariff rate of RM1.3812 per kW hour.

VSolar has estimated how much the plant can contribute to its earnings but declined to divulge the figures at this juncture, citing special incentives that have yet to be finalised.

“We should be able to regain our investment in the eighth year,” he shared.

Meanwhile, VSolar has tied up with Universiti Teknologi Malaysia (UTM) to research, develop and commercialise solar and photovoltaic technologies, to expand its reach in the solar energy business.

Under a memorandum of understanding, the group is looking at building new solar plants with installed capacity of up to 10mw on land owned by UTM and/or other suitable sites identified and provided for by the university, over the next three years. Leung estimated that each of the farms will cost up to RM10 million.

“We will finance the project through the rights issue that has been approved by shareholders but [which] has yet to be implemented. The rights issue should enable us to raise up to RM115 million in capital,” he said.

“As to how many mw [each solar farm] will have, it is still pending a decision by the Energy Commission and the Sustainable Energy Development Authority Malaysia,” he added.

“This project will benefit both the private and public sectors, as we will finance and provide technology to the project and UTM will provide us with land and manpower,” he added.

Financially, the bulk of VSolar’s income now continues to come from its servers and publishing segments, which recorded a revenue of near RM2.3 million for the 15 months ended March 31, 2016.

“These are legacy businesses from the past. We will still maintain them now, but the solar business will be our focus,” said Leung, adding the publishing segment, which publish and sell lifestyle magazine Jasmine, will move into digital advertisement soon instead of relying on shrinking print advertisement.

Vsolar shares closed 0.5 sen or 10.53% lower at 8.5 sen last Friday, valuing it at RM27.32 million.


Read full article at: http://www.theedgemarkets.com/my/article/vsolar-expects-first-solar-farm-contribution-fy17

Bowman, can please enlighten is on this ichimoku cloud analysis. What does the reading tell you, where could the stock heading judging from its technicals. Thanks in advance.

Thanks bowman, this is good info indeed.

Martin says so right??

Martin needs a head massage to let go the angin.

Martin, make up your mind, you posted very negative comments earlier and now you're saying it's gonna burst until one forgets his mum's name. Please comment in a more concrete manner, and most times, we don't know what you're trying to say.

Upshare , Go to Headlines and check on company announcements.

Credit Suisse is out

With the issuance of ESOS, this goes to say that there will be further news on the MOU signed on the solar project. The date of completion of the 3 for 1 rights issue is end September, so would expect the share price to be ramped up in order for people to take up the rights.

Martin, please do not mislead people with all these cakap kosong.

Force selling, they just dumped to buyers

I've a strong feeling they would have to drive up the share price to justify the 3:1 Rights which is deemed to have been completed by end Sept.

Flushing out the contra players first

Sellers keep coming up at 11 seen.

High volume without price moving up means distribution by certain parties.

Bearguy, can please translate into English?

It'll be good if we could carry out our conversation in a private group later. Cheers

Mr Crazy, appreciate your foresight on performing stocks. My email sandrasck2@gmail.com thanks and cheers

Just be patient, the balance sheet is improving, the share price should steadily move up.

many thanks.

Crazy, please also email me at sandrasck2@gmail.com

Jolin, please do not mislead people with ridiculously high TP. You said that long time ago.

bursamaster88, any basis for that?

Please refer to announcements under the caption HEADLINES above. It was the principal exec Daniel Choong Yew Chee who had disposed off all his shares in December under indirect holding. Please note that Daniel had been charged in 2008 for many charges over money laundering. I would take this as quite positive for the company going forward.

The bankers have dumped all their shares. Jolin Lai Chi Pet is no where in sight.

oh yeah, and for some irresponsible people shouting high TP of 60 sen before CNY. It seems like major shareholders are dumping the shares now.

Will rock at 16 beyond ..........