A power purchase agreement (PPA) is a legal contract between an electricity generator (provider) and a power purchaser (buyer, typically a utility or large power buyer/trader). Contractual terms may last anywhere between 5 and 20 years, during which time the power purchaser buys energy, and sometimes also capacity and/or ancillary services, from the electricity generator. Such agreements play a key role in the financing of independently owned (i.e. not owned by a utility) electricity generating assets. The seller under the PPA is typically an independent power producer, or "IPP."
Some quick notes: Mizumi Residence Kepong - GDV about RM643million (via Wawasan Metro Bina) - very fast progress Residensi Metro Kepong - GDV about RM274million (via Wawasan Metro Bina) - piling started July'19 If both to be fully completed and fully sold off by 2023 and pro rate - annual revenue will be RM230million; @NP6% = 13.8million (or quarterly 57.50mil, 3.45million)
Projects underr Wawasan Metro Bina alone now contribute to 80% of topline and 50% of bottom line....research in progress!!! the revenue stream will continue until 2023!!!
28.5 rebound to 36, or back to 25.5/26 by end of september then only retry 36!!! likelihood of rebound fron 28.5 is higher from candle stick, trend line + stoch RSI / stoch RSI cross MACD perspetive
Truly speechless on those damn greedy sharks, been pulling back to this price level regardless of good performance and announcement, thousands of profit back to flat after free fall from two weeks high 0.33.
dmksn, even the existing kepong development enough to sustain the current share price of 28-32....not yet factor in the pulau indah / value of 80,000hectare land at sulawesi / possible asset injection by boss....the only drawback for this co is np margin is not good enough....kerjaya prospek property is the best in term of np margin i.e. about 18%
in 2013 TNB also built a approx 1000mw CCPP at perai....started may 2013 commenced jan 2016...about 2 1/2 year at price of 3billion....therefore 3.5billion at pulau indah consider reasonable in 2019 (due to inflation and locational differences, or perhaps some nego discount under PH)....tadmax only effectiving owning 40% (the rest 60% by worlwide holding and korean co)....in general and in conservative mode revenue contribution will be about 3billion x 40% / 3 years / 4 quarters = 100million revenue per quarter...estimated soonest to be booked from Q2 2020...
quaterly revenue will then up from about 80mio to 180mio per quarter!!!!....the existing property development net margin only about 5-6%, and the turnkey project may get 8-10%!!!
still largely depends on how they going to finance it....hopefully by mix of equity (small proportion) and loan....
The Board of Directors of Tadmax wishes to announce that its wholly owned subsidiary companies, Tadmax Coastal Sdn. Bhd. (hereinafter referred to as “TCSB” or “the Purchaser”), had on 30 September 2019 entered into Sale and Purchase Agreements (“SPA”) with Syarikat Perumahan Pegawai Kerajaan Sdn Bhd (“SPPK” or “the Vendor”) to acquire a piece of leasehold land, measuring 13,095 sq meter (approximately 3.24 acres) held under title Lot 42754, No. Hakmilik PN48207 in the Mukim of Petaling, Daerah Kuala Lumpur, Wilayah Persekutuan KL (hereinafter referred to as “the Property”) free from all encumbrances, liens, charges and other encumbrances for a total purchase consideration of RM36,647,780.00 (“Purchase Consideration”) (“Proposed Acquisition”).
For further information, please refer to the attachment.
Digital economy initiatives at forefront of Budget 2020 KUALA LUMPUR (Oct 11): The Government is giving grants to incentivise businesses to automate and digitalise their businesses. Finance Minister Lim Guan Eng today announced various initiatives and incentives for the development of “digital applications, digital companies, and digital Malaysians” in the National Budget 2020. This is on top of the five-year National Fiberisation and Connectivity Plan (NFCP) announced earlier, which will be undertaken via a public-private partnership approach involving a total investment of RM21.6 billion. In his speech in Parliament when tabling the national Budget, Lim said the Government is allocating RM550 million in smart automation matching grants to 1,000 manufacturing and 1,000 services companies to automate their business processes. This grant will be given on a matching basis up to RM2 million per company. Electrical and electronics (E&E) companies that invest in knowledge-based services, will get a tax exemption for up to 10 years. There is also a special investment allowance for existing E&E companies that have had their reinvestment allowance expired. In addition, the first 100,000 small and medium enterprises (SMEs) may receive a 50% matching grant of up to RM5,000 a company, for the subscription of digital services for business operations, such as electronic Point of Sale systems (e-POS), Enterprise Resources Planning (ERP) and electronic payroll systems. To seed Malaysian companies to ride the global 5G wave, Guan Eng said the government is budgeting a 5G ecosystem development grant of RM50 million. Besides, an RM25 million contestable matching grant fund has been proposed to spur more pilot projects on digital applications, such as drone delivery, autonomous vehicles and blockchain technology, to leverage on Malaysia’s fibre optics and 5G infrastructure. Guan Eng said tax deductions will be given on companies’ contributions towards the newly coined Digital Social Responsibility (DSR), which is the commitment by businesses to contribute to digital economic development while improving digital skills of the future workforce. A budget of RM100 million will be allocated to Malaysian Digital Economy Corporation (MDEC), the bulk of which (RM70 million) will be for the setting up of 14 one-stop digital enhancement centres in all States. The setting up of the centres, as an extension of the ‘100 Go Digital’ programme, is to facilitate access to financing and capacity building of businesses, especially the SMEs, in line with the fourth industrial revolution (IR4.0). The Government also intends to continue providing funds of RM10 million to MDEC to train micro-digital entrepreneurs and technologists, and another RM20 million to grow local champions in creating digital content, especially in e-Games, animation, and digital arts. Qualified Malaysians aged 18 and above with annual income less than RM100,000 will get a one-time RM30 digital stimulus, to significantly boost the use of e-wallets given the low adoption of e-wallet at 8% as at January. This will cost the government a total of RM450 million. Meanwhile, e-Sports will receive an increased allocation of RM20 million in 2020, said the Minister.
Pursuant to Paragraph 9.04 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of TRB wishes to announce that Mizumi Development Sdn Bhd (formerly known as Tadmax Coastal Sdn Bhd) (“MDSB”), a wholly owned subsidiary of the Company has on 15 October 2019 accepted a Banking Facility of Ringgit Malaysia Twenty Nine Million and Five Hundred Thousand (RM29,500,000.00) only granted by United Overseas Bank (Malaysia) Bhd (“UOB”) (“the TL Facility”).
Please refer to the attachment for further information.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
lee_m2020
4,827 posts
Posted by lee_m2020 > 2019-09-19 09:34 | Report Abuse
I wonder why it is still going south.. Taking so long to move up. Does C***** S**** involved..?