**Debt Levels & Financial Health**: Cypark's debt is significantly high, with RM1.49 billion in liabilities and RM1.33 billion in net debt as of April 2024. The company’s cash reserves are only RM153.2 million, and its receivables cover part of the liabilities, leaving a deficit of RM638.5 million. This poses a significant risk, particularly given the company's declining revenue (down 12%) and negative EBIT of RM19 million.
**Profitability Concerns**: Cypark has not produced positive earnings, and with negative free cash flow of RM249 million, there is concern about its ability to meet obligations without diluting shareholder value. The absence of meaningful earnings makes it reliant on external financing, increasing vulnerability.
**Conclusion**: Cypark's financial situation is precarious. Its heavy debt burden, coupled with shrinking revenue and losses, suggests that investors should be cautious. Without operational improvements, the company may face significant challenges in stabilizing its balance sheet.
Chairman hinting something. be prepared :) i am speculating, do not quote me**
Looking ahead, we are excited about the development of the TPA, which will open new market opportunities for IPPs and expand their customer base. We plan to build strategic partnerships, particularly in the data centre space, to attract customers who value renewable energy.
BESS would be part of the implementation scope to ensure stable power supply and peak demand management as per current practice in the worldwide arena https://www.bernama.com/tv/news.php?id=2335666
It definitely looks like the GTP in Melaka has a bright future! and CYPARK going to be part of this =)
The project to set up a GTP in Melaka is likely to succeed because there are already 3 German companies operating there, with plans to invest RM3.6 billion soon. Additionally, 3 more companies are expected to invest RM400 million. This shows strong interest from German businesses, making the project promising.
Cypark is an early and leading player in green energy. Those early players have higher returns in green energy projects when there were less competitors in the space.
Now cypark 80.5 at least 20 percents return.U see after 10 sept it rebound from 62 cents low. 25/10/24 12.12am Cypark 68 cents After 10 sept 24 then consider 26 August 2024 1.10am
5184 CYPARK, CYPARK RESOURCES BERHAD - + MATERIAL LITIGATION 30 Oct 2024, 07:00 MATERIAL LITIGATION MATERIAL LITIGATION CYPARK RESOURCES BERHAD ANNOUNCES SETTLEMENT AGREEMENT WITH KNM PROCESS SYSTEMS SDN. BHD. You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com N202410303000471EN
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....
Fuzzywuzzy
33 posts
Posted by Fuzzywuzzy > 2024-08-05 18:00 | Report Abuse
stay strong cypark