1 day chinese will boycott iphone too. now a lot of thing chinese start to build themselves and consume within country

do not be so happy, tomorrow our dear Rzli throw ticket, the price will drop back what it previously was.

he is a time bomb, got it

passenger carried:

Q1 2022 is 3.7mil
Q2 2022 is 5.5mil

yes, no doubt it is increasing, but Q1 2019 (pre - covid) is about 15mil. means still very far behind to reach back so called pre-covid level.

inari share price follow Nasdaq, if Nasdaq will not good, same as inari

it could extend again. malaysia boleh

cannot understand what is Rzli intention, keep on disposing at open market, now he only owned 2.0%+, from 6% early this year. why cant he sell to some1 thru direct biz transaction? and why he throw at such low price, see the price he sell recently is really low leh, lower than ESOS subscribed price / IPO price. he is like foreseeing something bad will happen so fire sell now dun care sell at loss.

on the other hand, the CEO also selling but explained the selling is due to margin call. and telling public that the WTE LSS2 will complete Sep 22 , very soon. telling ppl about the biz model of cypark with huge debt is normal, and so on. what he tried to do is to calm public down.

so there the action from these 2 brother is very contradict to each other.

CPI sure hike due to the petrol price

old news

any FA investor spotted that the operating cash flow finally turn postive this qtr.

no matter how good the company is, when u sit the bosses expecially the chairman throw his shares in big lot and low price. that is something not right.

cypark upward trend recently is not strong and the people who bought it is mostly TA, and hence a single article released yesterday can KO cypark and make it turn downward 90degree again.

dun be fooled by the dividend play, if the ability to maintain the future cash flow is damaged due to the recoverability issue of the ICPT, same will happen to the ability to pay dividend. layman term, if the company cannot collect it debt via its customer or government, how can he continue to pay u dividend from his bank account??

INvestment is about looking forward.

in the letter from Daud, he did not tell why his best frd razali still selling huge chunk of shares 9/6/2022 and 14/6/2022, 2.5mil unit each day.

do not apply intrinsic value so much on this company, this is not a normal company, u will fail totally if blindly follow intrinsic value.

ask ur self, what the hell both founder dispose such a large number of shares? ur DCF may tell u this and that, but all is ur own assumption, the truth is how solid is ur assumption? if everything is so good, why not the founder buy now at 30cent?

such a old building still can win award? i remember it has been VP at least few yrs back right.

quarter revenue break high record, not bad.

nasdaq will continue to plunge once the interest rate hike announced by FED. what the rush to buy inari now

simply look at FS will know that the earning come from casino. it is not secret anyway.

see, ask urself simple question, did u expect genm to make profit in Q1 2022 bcz of economy open due to omicron less severe, CNY every1 went up to genting, all the road jam up and down the hill, how crowed it was, how long queeu it was for makan makan, theme park and so on. especially the effect was boosted by our lovely social media. all ppl jz THINK genting sure making big profit, bcz Q4 2021 it ady making profit. compare Q1 2022 against Q4 2021, every1 will said Q1 2022 better than Q4 2022 for genting. i am sure no 1 against it, right?

But in the end, Q1 2022 result came out it still a loss. so lesson learned, do not trust something easily, do more research. Investing is about being fair and not being bias to something, u trust on something and hence u buy the stock. but did u put ur most effort to VERIFY on this thing.

dun think the govt can stll continue hold the tariff remain low like now, even taking into consideration of GE. look at sales tax exemption for car, govt did not extend. look at chicken price, egg price, govt jz announed they are no longer 'price controlled' food, mean up to market to decide price.

so with this, i think govt will adjust the electricity tariff later no mater how. we are talking about GLOBAL INFLATION, look at the coal price and gas price now, how can TNB sustain without adjusting the ICPT moving forward.

PP still got ppl wan subscribe?

dun get trusted easily on the hotel room fully book. u judge hotel fully book by:

- u felt the crowd when you were at genting. so u think the room is 'fully' book. do u know the % of day tripper is increasing now?
- u go and book the genting room and hence know the availability of the room is getting lesser and even not available until probably next month. but do u know that how many rooms % did genting release currently? Has genting has fully release it hotel room ady currently?

dun time the market, jz adopt the average down strategy if u feel cheap now. no 1 can time the bottom. mar 2020 is a good example. u nver know when will it re-bounce

hv u seen Grab listing at nasdaq last year, it share price has been dropped by 80% since its listed. what is the logic that airasia super app want to go for listing at US now? are u kidding me Tony.

Net asset = totol quity = total assets - total liabilities

u need to understand the basic of accounting 1st, how BS work.

perpectual sukuk is treated as equity instead of liabilities as it met certain criteria to be equity, u can see in the financial statements too.

any1 saw how much Cap A used in Q1, it has used about MYR900mil and only left with RM300mil, next round of funding will come very soon. pity all the money funded via various way such as right issue, private placement, sabah state loan, others. All of it jz gone/burned like that.

any idea what the channel of next fund raising exercise?

US May 22 inflation continued recorded at high level, and next few days sure announce interest up. KLCI blue chip cannot escape for dropping oso.

how u know the genting hotel fully booked?

dropped to 0.30 for the very 1st time.

wait until PB x 1.0 may be can consider buy

K power PBT has been increasing consecutive for 2 qtr.

cypark heavy selldown recently partly due to the Serba case as well bcz public ady bite by the cobra once and create extra carefulness on cypark case.

recent drop could be due to the recent spike of coal price, and the chances of the TNB increase tariff via ICPT is still not foreseeable due to politic concerns.

when covid happen in mar 20, AA drop like shit to 50cent and ppl said buy and hold patiently for maximum2 yrs, sure AA will go back to RM2. see what happen now, now is June 2022, did AA go back to RM2, it is still at 60cent.

then ppl start to say, give it another 2 yrs, wait until 2024, SURE AA can go back to pre-covid share price. and ppl keep finding all excuses to convince themselves that invest in AA is long term.

so imagine 2024 came, and AA remain 60-70cents, so what action u take? u have wasted 4 yrs ady, continue to wait for another 2yrs and keep on finding all non sense reason and convince urself to be patient/ be long term investor and so on??

the biggest problem with retail investor: too optimistic and alwz 'think' something favor against them will happen.

when u think something favor against u will happen, ask urself, how likely will this happen and measure them urself. e.g. 30% will happen, 50%, or 70%?

how likely can AA get PN17 removed?

@steven832, agreed that the solar project margin getting thiner and thiner due to the lower selling price to TNB via PPA, and increase in solar panel cost. that the reason that cypark lost the bidding for LSS4, bcz they bid at higher than average price and do not mind to lose the bidding and let other industry players to win the LSS4 projects. Cypark alwz do those project that give them high margin, if u look at the historical PnL, their margin is considered high compare to other (hard to compare oso bcz solarvest, samaiden, pekat is EPCC contractor).

cypark only act as EPCC for its 3 LSS2 projects so there is no more income will be coming other than maintenance once its COD. for LSS3 once its COD, cypark as the asset owner will only able to generate considerate margin and will not be high.

@CharlieM, is the article mentioned about the Directors getting margin call? no right.. it only said share price drop due to margin call, but it dint said the margin call is came from Directors. that the doubt still remain unknown.

now the number of passenger carried is stiil far low compared to precovid. only about 30% of what they used to have. (Q1 2022: 3.7mil: Q1 2019: 12,5mil). coupled with the high fuel cost now, little bit hard for AA to achieve the pre-covid profit level.

annjoo is in down trend from both TA and FA. the high raw material cost (iron ore, scrap metal, coke coal) no longer can fetch higher ASP. meaning net profit margin going to be slowly reduce until Nil/-ve.

cannot compare with serba/sapura, 1 in oil and gas industry which is super volatile and solely depend on the crude oil price, and it is not environmental. the other is solar/WTE which is the direction that where ppl want to be headed toward. Industry itself already is big different. not to mention the rest of the different.

y suddenly got video on youtube ? sure it is released by mgm to drag more ikan bilis

yes correct that once the WTE COD the interest cost will be charged out to PL whenver incurred. and i dont think that the WTE will run at loss even with the amortisation of 43m + interest expense of 22m, for sure it still be profitable bear in mind that it will collect tippping fee for the rubbish collected too.. what will happen is the margin will be eroded due to the high fuel cost, high IA amortisation. a lot of fund hold cypark shares they are more worried than us if the WTE will be run at loss, also this is our country 1st WTE maiden project, will malaysia let it run at loss and end up shut down?

steven, i think u r wrong. RM900 mil sit at IA ady inclusive of interest expense capitalised. so the annual amortisation of RM43mil is inclusive of inter expenses too. u cannot add 43 + 23 = 66.

any idea why 30/5/22 drop so much?

ckwee168

Any insights on who are the key players snapping up those huge blocks of shares offloaded by EPF & directors? Any institutional players coming in? or merely retail participants only ya?

p/s : Trying to also gauge the positions of other key institutional players ..

reply: very good point, but most of the time is retail investor who like to buy at bottom

no surprise on the result. the profit is so good purely due to the gain on disposal of electra net which is expected. the rest is performed worst than last Qtr.

bettter dun buy, US int rate hike for sure will happen at next 6 mth + Quantitative tightening , high valuation stock like tech counter will be impacted heavily. u think inari PE25 is cheap and drop 30-50% from the peak , u shouldn't comparing as such simply bcz the 'peak' time of inari is under the super QE + low int rate environment , or bull market. U should look back at those yrs like 2016-2019 , then u will know whether is inari DROP A LOT compare to these period. the answer is no, and PE 25 now is jz about same as those period.

Posted by TtreeInvestor > 2 hours ago | Report Abuse

Solar concession actually as good as Power Plant Concession. Need raise huge debts and equity to fund the construction/development, then earn back from future Tariff collection. The recovery period is long.

If the drop of share price is due to the business model, then we should worry whether Public Private Partnership model for public infra especially power plant actually whether feasible or not? And will this bring adjustment of rate to consumer?

reply: i think the biz model itself is no problem, the problem may lies with cypark mgm, how they manage their biz. few project got delayed for multiple times/few yrs, having said that, do take note the the WTE is first of its kind in malaysia hence the delay in COD is understandable. but the delay of the 2 LSS2 50MW project is the one make people worry.

PPA signed between RE owner and TNB is fix rate for 21 yrs most of the time. and hence the additional cost will not pass on to consumer.

every boss is the same, alwz said not aware of all the things. i think could be the recent private placement investor sell down.

Godstock8888

i think the price drop because the money flow -257264

what do u mean by money flow?

if private placement again, who will subsribe ?