Posted by Kok Heng > 2020-08-08 16:52 | Report Abuse

MFCB Dong Sahong Hydropwer Plant capacity only 260MW, this PIPP capacity is 1200MW, almost 5 times!!

Posted by yip_net > 2020-08-08 17:44 | Report Abuse

Hi friend tomorrow Sunday lah how to limit up.

Posted by IkanBilisKecilKecil > 2020-08-08 19:53 | Report Abuse

lol， too excited， cant wait@.@

Posted by fabreccs > 2020-08-08 21:23 | Report Abuse

Yeah limit up it

Posted by steady31 > 2020-08-08 22:07 | Report Abuse

Why can limit up when news already in the market since 3pm on friday and close down

Posted by yip_net > 2020-08-08 22:39 | Report Abuse

Because at that time market mood on PPE stock huge correction and nobody's know this company announcement.

Posted by yip_net > 2020-08-08 22:40 | Report Abuse

This is a good new to company on future time.

Posted by steady31 > 2020-08-09 16:34 | Report Abuse

Does Tadmax has any more interest in PIPP as per the announcement dared 26/3/20 they wanted to sell the remaining 40% to Worldwide.? This is why the market may not be interested in this game changing news.They have become pariah to focus on property

Posted by Lee Rubber > 2020-08-09 16:37 | Report Abuse

@steady31. With that being said, it is not a good time to invest in TADMAX?

Posted by steady31 > 2020-08-09 17:26 | Report Abuse

The market knows property business is dead.Yet these jokers still plunge deeper into it using short term gains from selling power stakes which they should be keeping as it can provide 21 years of non-stop income and huge profits.Almost all property counters are penny stocks with no interest from punters,whereas power stocks like MFCB show big gains

Posted by steady31 > 2020-08-09 17:36 | Report Abuse

Let's hope they are not complete morons and keep 40% stake,just selling 60% for 100 million is sufficient. Unlike property business which they have to keep replenishing with cheap land stock which is not feasible in the future,power business has risk free earnings for 21 years.once it is completed.What can be better than that and the huge cash inflow will come useful if they want to buy land or embark on new business like glove manufacturing which is the flavour of the market nowadays

Posted by steady31 > 2020-08-09 17:40 | Report Abuse

Tadmax share can go limit up from this level if it still has 40% interest in the power plant.This is bcos cash inflow can be as high as 400-500 million per year for Tadmax once the power plant is in operation from 1.1.2024

Posted by gick891214 > 2020-08-09 19:39 | Report Abuse

limit up tomorrow

Posted by steady31 > 2020-08-09 20:29 | Report Abuse

Gick,can you share why can limit up tomorrow

Posted by newbie9893 > 2020-08-09 20:57 | Report Abuse

the most hot "word" now - limit up tommorrow

Posted by chow040 > 2020-08-09 23:19 | Report Abuse

Quoting from financial report FY19, Tadmax is planning to dispose 100% stake in PIPP:

"We aim to respond to forthcoming market challenges with versatility and decisiveness. In addressing the challenging market environment, we have adjusted our long-term strategy to include the divestment of our interest in the Energy Business sector to pursue a game plan which promises a much safer return with relatively lower venture risks. Subject to the securing of all the
necessary approvals or consents from relevant governmental and/or regulatory bodies, this divestment exercise will see a full disposal of the Group’s 100% stakes of its wholly-owned subsidiary, Pulau Indah Power Plant Sdn. Bhd. (formerly known as Tadmax Indah Power Sdn. Bhd.) to both Worldwide Holdings Berhad and Korea Electric Power Corporation in the forthcoming financial year."

Posted by yip_net > 2020-08-09 23:31 | Report Abuse

Before and after signing with tenaga, company value is definitely different.

Posted by char1234 > 2020-08-10 02:05 | Report Abuse

this week is show time ????

Posted by Davidl > 2020-08-10 09:52 | Report Abuse

Show me your power Tadmax!

Posted by TrillionaireMY > 2020-08-10 10:03 | Report Abuse

no power haha

Posted by iamismail > 2020-08-10 10:35 | Report Abuse

https://www.klsescreener.com/v2/announcements/view/3163551 .. ORION 0079

Posted by Davidl > 2020-08-10 10:47 | Report Abuse

Market sentiment is bad today but it could move to 50cts once sentiment turns good.

Posted by CHG2651 > 2020-08-10 11:15 | Report Abuse

Hold it first .

Posted by amanpeace > 2020-08-10 11:37 | Report Abuse

yup.. hold it first guys.. dont sell at lower price right now.. it can touch 50 sen atleast this week.. just market sentiment not so good but it well support..

Posted by Batman_Return > 2020-08-10 11:45 | Report Abuse

hold tight. Others maybe not aware this potential counter.

Posted by TrillionaireMY > 2020-08-10 12:14 | Report Abuse

looks like price kena locked

Posted by valensi88 > 2020-08-10 12:15 | Report Abuse

lmao PE is still low

Posted by Stevecheahsw > 2020-08-10 12:48 | Report Abuse

Tadmax gogogo

Posted by amanpeace > 2020-08-10 14:25 | Report Abuse

kena locked price.. if not.. will limit up

Posted by Karlos > 2020-08-10 14:33 | Report Abuse

With PPA obtained the value of the IPP company will be raised. Tadmax can then sell the company thus booking in very good profit up front now with no construction and operational risks rather than later over 21 years with all the associated risks involved.

Posted by TrillionaireMY > 2020-08-10 14:53 | Report Abuse

bo steady lah lock price how to limit up

Posted by amanpeace > 2020-08-10 15:16 | Report Abuse

maybe they wait for shark come in.. shark busy playing with glove n gold counter right now.. need to umpan shark first

Posted by jason35 > 2020-08-10 15:22 | Report Abuse

yea, once they cash out from glove and gold, they will then fry other small cap stocks

Posted by Good_Investor > 2020-08-10 15:29 | Report Abuse

Road to rm1. Yeahaaaaaaa

Posted by shine7 > 2020-08-10 15:44 | Report Abuse

anyone can explain wat is lock price??

Posted by Batman_Return > 2020-08-10 16:15 | Report Abuse

https://themalaysianreserve.com/2020/08/10/tnb-inks-power-purchase-agreement-with-pulau-indah-power-plant/

Posted by Karlos > 2020-08-10 17:07 | Report Abuse

Tadmax will be making good profit up front and have a huge cash pile which can then be reinvested.

Posted by Batman_Return > 2020-08-10 17:29 | Report Abuse

Nc closing. Tomorow will up like no tomorrow

Posted by yip_net > 2020-08-10 22:47 | Report Abuse

Today very well moment slowly absorb 0.35-0.36
.

Posted by Karlos > 2020-08-11 09:14 | Report Abuse

Whether Tadmax continue to own all the shares in the IPP or dispose them now, either option Tadmax will make substantial gains. The question is to take profit now without the construction and operational risks or slowly over 21 years with all the financial , construction and operational risks.

Posted by 209291 > 2020-08-11 10:37 | Report Abuse

this counter really can move to 50 cents ???
but macam no power woooo

Posted by Davidl > 2020-08-11 11:05 | Report Abuse

De management decided not to make any changes to their initial plan (mantain 40% stake in PIPP) according to their latest announcement. Correct me if there is any misleading, tqvm.

Posted by TrillionaireMY > 2020-08-11 14:39 | Report Abuse

gg

Posted by danialjohan > 2020-08-11 14:51 | Report Abuse

Tenaga Nasional Bhd (TNB) has signed a power purchase agreement (PPA) with Tadmax Resources Bhd’s special-purpose company, Pulau Indah Power Plant Sdn Bhd (PIPP), for the sale and purchase of electricity generated from Tadmax’s Selangor power plant.

PIPP is 40%-owned by Tadmax, while Worldwide Holdings Bhd holds 35% and Korea Electric Power Corp owns 25%. The PPA will last 21 years from the commercial operation date of the first generating block, which is expected on January 1, 2024.

The government had previously awarded Tadmax the right to develop a new combined cycle gas power plant in Pulau Indah, Selangor, following which Tadmax is required to enter into a PPA with TNB.

PIPP will construct, own, operate and maintain a gas-fired combined cycle electricity generating facility with a total nominal capacity of 1,200 megawatts proposed to be located at Pulau Indah.

The signing of the PPA will have a neutral impact on TNB’s earnings over the term of the agreement, since the generation cost is fully passed-through under the Incentive Based Regulation (“IBR”) mechanism, TNB said in an exchange filing last Friday.

Posted by 209291 > 2020-08-11 16:55 | Report Abuse

habislah...free-fall !!!
should i cut lost ?

Posted by Davidl > 2020-08-11 17:01 | Report Abuse

Tis gem only suitable for long term investment so need to washout all de contra players in order to maintain a healthy uptrend.

Posted by denzadesu > 2020-08-11 18:04 | Report Abuse

very true, nowdays people but blindly, breakout buy, price correction, panic sell.
they dont know what counter worth keeping.

Posted by thesteward > 2020-08-11 22:48 | Report Abuse

Oversold for no reason . Tomorrow sud rebound

Posted by TrillionaireMY > 2020-08-12 09:33 | Report Abuse

lai liao lai liao all glove counter come in liao

Posted by wjc4195 > 2020-08-12 10:44 | Report Abuse

stock is not rock its a feather
fly down fly up
dont worry
buy sell at each wind blow
sure make money