KLSE (MYR): CYPARK (5184)
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Last Price
0.835
Today's Change
-0.005 (0.60%)
Day's Change
0.83 - 0.86
Trading Volume
6,464,500
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Posted by Good123 > 2022-12-19 12:40 | Report Abuse
maybank investment juga sangat positif... luar biasa :)
KUALA LUMPUR: Cypark Resources Bhd is likely to see its financial outlook strengthen with the completion of its energy-generation projects this year, according to a research house.
Maybank Investment Bank (Maybank IB) noted that the company’s solar photovoltaic projects, namely the 50mw large scale solar (LSS2) project in Danau Tok Uban in Kelantan and the 100mw LSS3 in Terengganu, are expected to be completed by September and December respectively.
It said the company’s balance sheet is expected to improve once the two projects as well as its waste-to-energy (WTE) project are commissioned and cash flow generation begins although its rapid expansion into renewable energy over the last few years has weakened its financials.
Maybank IB has maintained its “buy” call on the company’s shares. It has also revised the target price to RM1.01 taking into account new estimated commissioning time frame for its three projects.
Posted by Good123 > 2022-12-19 12:41 | Report Abuse
Stock Price Target
Last Price Avg Target Price Upside/Downside
0.405 1.33 +0.925 (228.40%)
Posted by Good123 > 2022-12-19 12:42 | Report Abuse
CYPARK RESOURCES : Target Price Consensus and www.marketscreener.com Cypark Resources
Last Close Price, 0,42 MYR. Average target price, 0,93 MYR. Spread / Average Target, 124%. High Price Target, 1,01 MYR. Spread / Highest target, 143%.
Posted by Good123 > 2022-12-19 12:43 | Report Abuse
CYPARK RESOURCES : Target Price Consensus and ...https://www.marketscreener.com › ... › Cypark Resources
Last Close Price, 0,42 MYR. Average target price, 0,93 MYR. Spread / Average Target, 124%. High Price Target, 1,01 MYR. Spread / Highest target, 143%.
Posted by Good123 > 2022-12-19 12:43 | Report Abuse
dulu pasal short selling... kini dah berbeza... terbaik
Thursday, 26 May 2022
Cypark stock suffered a 24% drop on May 24 and another drop of 24% on May 25, dragging the market capitalisation to RM223.8mil as of yesterday, according to Bloomberg data. (File pic: Cypar'ks renewable energy park in Pajam)
PETALING JAYA: Over RM160mil was wiped off Cypark Resources Bhd’s market capitalisation in a mere two days, as short-sellers exerted pressure on the renewable energy player.
The stock suffered a 24% drop on May 24 and another drop of 24% on May 25, dragging the market capitalisation to RM223.8mil as of yesterday, according to Bloomberg data.
Yesterday, the stock closed at 38 sen, as compared to 66 sen on May 23. A total of 116.73 million shares changed hands yesterday.
Dealers attributed the fall in the share price to short selling activities under proprietary day trading (PDT) and intraday short selling (IDSS), which resumed yesterday.
Posted by Good123 > 2022-12-19 12:45 | Report Abuse
Maybank IB has maintained its ‘buy’ call on Cypark and revised the target price to RM1.01
Posted by Good123 > 2022-12-19 12:46 | Report Abuse
Posted by Good123 > 2022-12-19 12:48 | Report Abuse
Cypark Resources Bhd menjalinkan kerjasama dengan Perbadanan Kemajuan Negeri Melaka (PKNM) untuk menyertai Projek Perkongsian Awam Sisa kepada Tenaga (WTE) di Sungai Udang, Melaka.
Penyedia penyelesaian tenaga boleh baharu dan kejuruteraan alam sekitar bersepadu itu menandatangani perjanjian kerjasama dengan anak syarikat milik penuh PKNM, PKNM Energy Sdn Bhd (PKNME).
Posted by Good123 > 2022-12-19 12:51 | Report Abuse
Cypark's third largest shareholder is Amanah Saham Nasional Bhd, who holds 6.30% via Amanah Saham Bumiputera and Amanah Saham Malaysia 3.
Cypark's net profit for its latest quarter ended July 31, 2022 (3QFY2022) fell 29.2% to RM11.8 million from RM16.68 million in 3QFY2021, as revenue dropped 30.9% to RM45.49 million from RM65.92 million on lower contribution from its renewable energy division, whose revenue decreased to RM20.3 million from RM56.2 million.
On Dec 8, Cypark announced that its indirect subsidiaries had been awarded 21-year feed-in approval certificates by Sustainable Energy Development Authority (Seda) to carry out biogas projects, with a total capacity of 2.7MW, in Johor and Terengganu.
The first biogas project comprises a 1.2 MW installed capacity biogas plant in Layang-Layang, Johor, which was awarded to Cypark's 51%-indirectly-owned Reviva BACRE (Ulu Remis) Sdn Bhd. The second is a 1.5 MW plant in Kemaman, Terengganu awarded to BACRE Reviva Biogas (Kemaman) Sdn Bhd, which is 80%-owned by BACRE Reviva Biogas Holdings Sdn Bhd, which in turn is an indirect 51%-subsidiary of Cypark.
Cypark said Tenaga Nasional Bhd would purchase electricity from the project companies at pre-agreed feed-in tariff rates.
Posted by Good123 > 2022-12-19 12:58 | Report Abuse
Duit masuk
Circular/Notice to Shareholders
CYPARK RESOURCES BERHAD
Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED PLACEMENT OF UP TO 178,937,922 NEW ORDINARY SHARES IN CYPARK RESOURCES BERHAD ("CRB") ("CRB SHARE(S)") ("PLACEMENT SHARE(S)") REPRESENTING UP TO 30% OF THE TOTAL NUMBER OF ISSUED SHARES OF CRB AT AN ISSUE PRICE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED PLACEMENT")
Posted by Good123 > 2022-12-19 13:35 | Report Abuse
A good entry point now... A new strategic partner will emerge....
Given the scale of the share placement exercises, existing shareholders will have to bear the brunt of dilution. The falling share price has made it worse as the company needs to issue more shares to raise the funds required.
In the proposed private placement, Daud is not just targeting current and new institutional investors, but also strategic parties who can “hopefully be Cypark’s long-term investors”.
Cypark came under the spotlight in late May when its share price plunged 41%, from 69 sen to 40.5 sen, in just a week.
Posted by Good123 > 2022-12-19 14:24 | Report Abuse
retained earnings > RM 1/2 bil ++
can declare dividend as and when excess cash is available...
Equity
Share capital 514,382,528 496,904,153
Reverse acquisition reserve (36,700,000) (36,700,000)
Employee share option reserve - 2,337,594
Treasury Shares (5,790,060) (5,790,060)
Retained earnings 557,352,924 523,410,216
Equity attributable to owners of the Company 1,029,245,392 980,161,903
Perpetual Sukuk 222,529,850 208,894,862
Non-controlling interests 2,394,000 1,477,687
Total Equity 1,254,169,241 1,190,534,452
Total equity and liabilities 2,940,917,374 2,749,806,037
Net assets per share attributable to owners of the Company (RM) 2.13 2.09
Note:
1. The Unaudited Condensed Consolidated Statements of Financial Position should be read in conjunction with the audited financial statements for
the financial year ended 31 October 2021 and the accompanying notes attached to the unaudited interim financial statements.
Posted by Good123 > 2022-12-19 14:28 | Report Abuse
semua segmen masih untung - cantik :)
Segmental Information
The Group’s segmental report for the financial year-to-date is as follows:
Waste
Construction & Green Tech & Management &
Renewable
Energy
Engineering Environmental
Services
Waste-To-Energy
Elimination Total
RM RM RM RM RM RM
9 months ended 31 July 2022
Revenue
Sale to external customers 111,235,187 6,236,072 4,446,092 76,585,027 - 198,502,378
Inter-segment sales 106,949,809 19,411,905 1,320,345 48,295,012 (175,977,071) -
Total revenue 218,184,995 25,647,976 5,766,437 124,880,039 (175,977,071) 198,502,378
Results 25% 18% 53% 27% 27%
Profit before tax 28,349,665 1,150,505 2,374,788 20,848,051 - 52,723,009
Income tax expense (9,673,038)
Profit net of tax 43,049,971
Waste
Construction & Green Tech & Management &
Renewable
Energy
Engineering Environmental
Services
Waste-To-Energy
Elimination Total
RM RM RM RM RM RM
9 months ended 31 July 2021
Revenue
Sale to external customers 192,339,700 12,778,666 2,828,516 20,423,216 - 228,370,098
Inter-segment sales 346,093,368 44,784,642 2,545,665 6,708,001 (400,131,676) -
Total revenue 538,433,069 57,563,307 5,374,181 27,131,217 (400,131,676) 228,370,098
Results 0% 0% 0% 0% 0%
Profit before tax 52,799,599 3,258,037 754,361 8,618,824 - 65,430,821
Income tax expense (15,860,813)
Profit net of tax 49,570,008
Posted by Good123 > 2022-12-19 14:30 | Report Abuse
nanti, umumkan pemegang syer 30% melalui private placement, terbang tinggilah...
semoga konglomerat luar negara... sebab sektor tenaga hijau adalah keperluan sedunia kini
Posted by Good123 > 2022-12-19 14:32 | Report Abuse
NTA RM2.13 @30/9/2022........ biz juga untung, ada pelabur besar suntik wang and menjadi pemegang syer terbesar 30% total ekuiti...
pasti play habis-habisan nanti
Posted by Good123 > 2022-12-19 14:39 | Report Abuse
a new major shareholder will emerge via private placement .... hurrray!!!!!!!!!!!
5184 CYPARK CYPARK RESOURCES BERHAD
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
CYPARK RESOURCES BERHAD ("CRB" OR "COMPANY") - PROPOSED PLACEMENT OF UP TO
178,937,922 NEW ORDINARY SHARES IN CRB ("CRB SHARE(S)") ("PLACEMENT SHARE(S)")
REPRESENTING UP TO 30% OF THE TOTAL NUMBER OF ISSUED SHARES OF CRB AT AN ISSUE
PRICE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED PLACEMENT")
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
09/11/2022 07:00 AM
Ref Code: 202211093000225
Posted by Good123 > 2022-12-19 14:41 | Report Abuse
Renewable Energy
The revenue for 3Q2022 decreased to RM20.3 million as compared to RM56.2 million recorded in 3Q2021.
The profit before tax for 3Q2022 also decreased to RM5.0 million as compared to RM17.1 million in 3Q2021.
The decreases were mainly due to the lower contribution of construction revenue generated from the LSS2
turnkey projects as a result of the completion of the Sik project in 1Q2022 and the other two turnkey projects
located at Kelantan are currently near to completion.
Upon achieving its Commercial Operation Date (“COD”), these LSS2 projects will move from construction
phase to O&M phase. Under the O&M phase, Cypark Ref Sdn Bhd (“CREF”) being the turnkey contractor
cum financier will continue to recognise interest revenue as the recurring income for the next 21 years. In
addition, the Group’s 100% owned subsidiary, Cypark Renewable Energy Sdn Bhd (“CRE”), has been
appointed as the long-term O&M specialist for these LSS2 projects and will also receive O&M revenue as
another revenue stream for the next 21 years. It is expected that the strong and steady inflows of these secured
contracts will contribute positively to the Group during the O&M phase for the next 21 years. The Group will
receive scheduled and confirmed payments agreed with the clients during the said period. The first collection
will commence once the client begins to receive payment from Tenaga Nasional Berhad (“TNB”) from the sale
of renewable energy. With the commercial operation of Sik project in 1Q2022, CREF has started to receive the
first collection.
Posted by Good123 > 2022-12-19 14:43 | Report Abuse
potensi tak terbatas
Green Tech & Environmental Services
The revenue generated by this division for 3Q2022 increased to RM1.3 million as compared to RM0.9 million
recorded in 3Q2021. The profit before tax in current quarter increased to RM0.8 million as compared to
RM0.3 million in 3Q2021. This was contributed by the sale of energy from the 1.55MW palm oil mill effluent
(“POME”) biogas plant in Kg Gajah. The plant will continue to sell the energy to Tenaga Nasional Berhad
(“TNB”) from the Commercial Operation Date (“COD”) via the long-term renewable energy power purchase
agreement (“REPPA”) signed with TNB.
Posted by Good123 > 2022-12-19 14:45 | Report Abuse
boleh terbang macam dnex dahulu nanti
Waste Management & Waste-To-Energy
The revenue for this division increased significantly to RM23.3 million in 3Q2022 as compared RM4.3 million
recorded in 3Q2021. The profit before tax increased by RM7.1 million to RM10.3 million as compared to
RM3.2 million recorded in 3Q2021. The increases were mainly contributed by the intensive work progress for
testing and commissioning as part of the WTE construction as well as the recognition of the additional
specialist works which were in its final stage.
Once the project has achieved commercial operation, the project will move from construction phase to post
construction phase, in which the project will start to recognise various recurring income such as waste
management fee and sale of “waste to energy” from its completed integrated WTE plants throughout the
concession period. The secured and consistent inflows from the WTE project will contribute positively to the
Group in the long run.
Posted by Good123 > 2022-12-19 14:47 | Report Abuse
Prospects for the Current Financial Year
The Government’s determination to boost usage of Renewable Energy (“RE”) as the previous target of 20% RE
adoption by 2025 has been revised to 31% is in line with its commitment to the 2012 Paris Agreement. This makes a
great incentive to RE players like Cypark to contribute towards acceleration of Malaysia’s adoption of green energy,
including in solar energy. With the increase in the RE adoption target, Cypark expects sizeable solar quota to be
offered by Suruhanjaya Tenaga through LSS5 tender and beyond in which Cypark will participate accordingly.
Under the Twelfth Plan, as the Government focuses on green economy, recycling of waste and implementing circular
economy towards a more sustainable future for Malaysians, Cypark believes that there is big potential for growth in
Waste-to-Energy (“WTE”). In this respect, the continuous effort of the Government under the Ministry of Housing
and Local Government in inculcating greener way for waste management could result in more WTE plants being built
in the future. Out of the 5 potential new WTE tenders that were highlighted, Cypark has participated in 2 WTE
tenders in Johor and Malacca in collaboration with Johor and Malacca state-owned companies. Moving forward, we
believe our outstanding track record in designing, constructing, owning, and operating the country’s first WTE plant
in Ladang Tanah Merah, Negeri Sembilan could stand us in good stead to win more WTE projects in the future.
Posted by Good123 > 2022-12-19 14:49 | Report Abuse
tak beli, sayang.. ia akan pulih nanti
Renewable Energy
At present, Cypark operates, owns, and/or manages approximately 96 MWp of RE assets. By FYE 2022, with the
targeted completion of 172 MWp LSS3 project in Terengganu, 147 MWp LSS2 project in Kedah and Kelantan and
the 20 MW SMART WTE Plant in Negeri Sembilan in 2022 together with other RE assets under our stable, Cypark
will increase its operation of RE asset capacity to about 400 MW, strengthening Cypark’s position as the RE market
leader in Malaysia. Subsequent to FYE 2021, the 49 MW LSS2 project in Sik, Kedah had successfully achieved COD
on 1 January 2022. With the impending completion of the LSS2 and LSS3 projects, RE will remain as the major
contributor to Cypark’s revenue and profit in year 2022.
Cypark also looks into ways to expand its reach in RE, both locally and internationally, through collaboration with
renowned leaders in their respective fields. To this end, we have entered into a Memorandum of Understanding
(“MOU”) with Huawei Technologies (Malaysia) Sdn Bhd (Huawei) on 3 December 2021 to collaborate for the
purposes of a long-term cooperation for a total of 500 MW RE projects located in and outside Malaysia. In this
arrangement, Huawei will act as the technology enabler and it will undertake to provide the technical and after-sales
support for all products and solutions. Meanwhile, Cypark would be the user and installer of the said products and
solutions, subject to agreement of both parties and the terms and conditions of the collaboration. The MOU is in effect
from the date of signing and will remain effective for a period of two (2) years until the execution of the set of
definitive agreements between the parties or such other period as may be mutually agreed upon in writing. In line with
Malaysia’s goal of becoming a carbon neutral nation by 2050, Huawei will leverage on its extensive experience in
power electronics and energy storage, as well as on its technical expertise to provide a digital powered solution for
different industries, including RE. This MOU not only signifies Cypark’s intention to grow beyond local shores, but it
also proves Cypark’s desire to have innovation and digitalisation embedded into its RE project offerings. In addition
to this partnership, together with Cypark’s proven competitive advantage and project delivery track record, Cypark is
optimistic on its chances to secure oversea contracts in the near future.
In addition, the Ministry of Energy and Natural Resources (“KETSA”) had taken the initiative to announce on 22
October 2021 that the Government will be releasing an additional quota of 300 MW of solar energy under the NEM
3.0 programme. Such additional quota which was released on 15 November 2021 is expected to open up more
opportunities for the Company to offer rooftop solar solutions to non-domestic consumers in the commercial,
industrial, mining and agriculture industries
Posted by Good123 > 2022-12-19 14:50 | Report Abuse
harga semasa harga lelong :)
A total of 23,100,000 ESOS options (“2017 Options”) under the ESOS Scheme was offered to eligible directors
and employees at RM2.12 on 26 April 2017 and were fully accepted by all eligible directors and employees on
16 May 2017.
A total of 33,800,000 ESOS options (“2019 Options”) under the ESOS Scheme was offered to eligible directors
and employees at RM1.42 on 30 December 2019 and were fully accepted by all eligible directors and employees
on 23 January 2020
Posted by Good123 > 2022-12-19 14:52 | Report Abuse
murah betul, harga semasa :)
A total of 48,600,000 ESOS options (“2020 Options”) under the ESOS Scheme
was offered to eligible directors and employees at RM0.595 on 26 March 2020 and were fully accepted by all
the eligible directors and employees on 17 April 2020.
A total of 8,950,000 new ESOS options (“2021 Options”) under the ESOS Scheme was offered to eligible
employees at RM1.16 on 19 January 2021 and fully accepted by all eligible employee on 8 February 2021
Posted by Good123 > 2022-12-19 14:55 | Report Abuse
On 29 July 2021, the Company announced that the issue price for 20,000,000 Placement Shares, being the first
(1st) tranche of the Private Placement, had been fixed at RM0.90 per Placement Share. The issue price
represents a discount of RM0.0390 or approximately 4.15% to the 5-day VWAP of the CRB Shares up to and
including 28 July 2021, being the last market day immediately preceding the Price-Fixing Date of RM0.9390 per
CRB Share. The first (1st) tranche of the Private Placement was completed on 11 August 2021, following the
listing of and quotation for 20,000,000 Placement Shares on the even date.
On 9 September 2021, the Company announced that the issue price for 50,600,000 Placement Shares, being the
second (2nd) tranche of the Private Placement, had been fixed at RM0.92 per Placement Share. The issue price
represents a discount of RM0.0935 or approximately 9.23% to the 5-day VWAP of the CRB Shares up to and
including 8 September 2021 of RM1.0135 per CRB Share. The second (2nd) tranche of the Private Placement
was completed on 22 September 2021, following the listing of and quotation for 50,600,000 Placement Shares
on the even date.
On 20 October 2021, the Company announced that the issue price for 16,000,000 Placement Shares, being the
third (3rd) tranche of the Private Placement, has been fixed at RM0.95 per Placement Share. The issue price
represents a discount of RM0.0434 or approximately 4.37% to the 5-day VWAP of the CRB Shares up to and
including 18 October 2021 of RM0.9934 per CRB Share. The Private Placement was completed on 29 October
2021, following the listing of and quotation for 16,000,000 Placement Shares on the even date.
Subsequently, on 19 November 2021, the Company announced that the issue price for 3,398,290 Placement
Shares, being the fourth (4th) tranche of the Private Placement, has been fixed at RM0.95 per Placement Share.
The issue price represents a discount of RM0.0017 or approximately 0.18% to the 5-day VWAP of the CRB
Shares up to and including 18 November 2021 of RM0.9517 per CRB Share. The Private Placement was
completed on 1 December 2021, following the listing of and quotation for 3,398,290 Placement Shares on the
even date.
On 6 December 2021, the Company announced the issue price of RM0.95 per Placement Share for the fifth and
final tranche. The issue price represents a premium of RM0.0814 or approximately 9.37% to the 5-day VWAP
of the CRB shares up to and including 2 December 2021, being the last market day immediate preceding the
price-fixing date of RM0.8686 per CRB share. On 17 December 2021, the Private Placement had been
completed for 15,000,000 unit Placement Shares
Posted by nasgee > 2022-12-19 16:00 | Report Abuse
buyyy fly soonn dnt regretttt...vrooommm
Posted by Good123 > 2022-12-19 16:37 | Report Abuse
Confidence vote at parliament done... Fly back is certain
Posted by Good123 > 2022-12-19 18:03 | Report Abuse
Just place out the private placement to famous conglomerate, terbang terus... juga boleh spin off subsidiari untuk IPO
https://www.theedgemarkets.com/article/ipos-seen-picking-hong-kong-next-year-boosted-chinas-reopening
Posted by fankim > 2022-12-19 20:32 | Report Abuse
Maybank IB has maintained its “buy” call on the company’s shares. It has also revised the target price to RM1.01 taking into account new estimated commissioning time frame for its three projects.
<< One thing I don't understand about Maybank IB. If Maybank IB is so confident, the margin account is not allowed to buy CYPARK shares. If not mistaken, it is a cash account that can buy now only. :(
Posted by fankim > 2022-12-19 20:35 | Report Abuse
I meant the Maybank trading account as I tested. :)
Posted by Good123 > 2022-12-20 05:17 | Report Abuse
What's The Opportunity In Cypark Resources Berhad?
Great news for investors – Cypark Resources Berhad is still trading at a fairly cheap price according to my price multiple model, where I compare the company's price-to-earnings ratio to the industry average. I’ve used the price-to-earnings ratio in this instance because there’s not enough visibility to forecast its cash flows. The stock’s ratio of 4.09x is currently well-below the industry average of 14.19x, meaning that it is trading at a cheaper price relative to its peers. Although, there may be another chance to buy again in the future. This is because Cypark Resources Berhad’s beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. If the market is bearish, the company’s shares will likely fall by more than the rest of the market, providing a prime buying opportunity.
Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. Cypark Resources Berhad's earnings over the next few years are expected to increase by 58%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value.
What This Means For You
Are you a shareholder? Since CYPARK is currently trading below the industry PE ratio, it may be a great time to increase your holdings in the stock. With a positive profit outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. However, there are also other factors such as financial health to consider, which could explain the current price multiple.
Are you a potential investor? If you’ve been keeping an eye on CYPARK for a while, now might be the time to enter the stock. Its buoyant future profit outlook isn’t fully reflected in the current share price yet, which means it’s not too late to buy CYPARK. But before you make any investment decisions, consider other factors such as the track record of its management team, in order to make a well-informed investment decision.
Posted by Good123 > 2022-12-20 05:19 | Report Abuse
2022-12-19 0.41 0.425 0.39 0.395 -0.01 (2.469%) 8,001,700
2022-12-16 0.415 0.42 0.40 0.405 -0.01 (2.409%) 9,633,000
2022-12-15 0.40 0.425 0.395 0.415 +0.02 (5.063%) 21,129,600
2022-12-14 0.38 0.40 0.375 0.395 +0.015 (3.947%) 7,364,600
2022-12-13 0.395 0.395 0.375 0.38 -0.01 (2.564%) 4,349,300
2022-12-12 0.405 0.405 0.385 0.39 -0.015 (3.703%) 6,092,800
2022-12-09 0.385 0.415 0.385 0.405 +0.025 (6.578%) 16,275,600
2022-12-08 0.39 0.395 0.38 0.38 -0.01 (2.564%) 4,485,300
2022-12-07 0.385 0.39 0.385 0.39 +0.005 (1.298%) 676,400
2022-12-06 0.385 0.40 0.38 0.385 +0.005 (1.315%) 6,301,10
Posted by Good123 > 2022-12-20 05:19 | Report Abuse
Posted by Good123 > 2022-12-20 05:20 | Report Abuse
KUALA LUMPUR (Nov 8): Cypark Resources Bhd aims to raise up to RM73.36 million via a share placement, mainly for the environmental solutions and renewable energy group’s working capital.
The placement comprises up to 178.94 million new shares, representing up to 30% the group's issued shares, said Cypark in a filing with Bursa Malaysia.
The group said the issue price of the placement shares would be announced later but the illustrative price is 41 sen per share, which represents a discount of 9.29% to the five-day volume weighted average of Cypark shares up to the latest practicable date of 45.2 sen.
Cypark's filing showed that the group aims to raise RM72.43 million in a minimum scenario and RM73.36 million in a maximum scenario.
Of the RM73.36 million gross proceeds in the maximum scenario, RM50 million will be utilised for working capital for the development of the Large Scale Solar 2 (LSS2) floating solar photovoltaic projects at Danau Tok Uban in Kelantan, the group said.
Another RM22.865 million will go towards the working capital for the solid waste modular advanced recovery and treatment waste-to-energy (SMART WTE) plant at Ladang Tanah Merah in Negeri Sembilan, which will provide the group with recurrent income for the sale of renewable energy (RE) electricity to Tenaga Nasional Bhd.
Cypark said the utilisation of the funds would further expand the group’s competitive advantage and increase its foothold as a contributor to government initiatives to increase RE production, as demonstrated by the group’s LSS projects and Malaysia’s first WTE plant.
“It remains the group’s intention to further expand its green technology and RE segment projects, as well as to secure more concessionaire and long-term income generating assets.
“The group remains optimistic to continue to be a major contributor in the industry and will leverage on its experience and expertise in the environmental services and RE sectors, as demonstrated by its solar farms, WTE facility and biogas and biomass technology, to continue to bid for new projects as outlined by the MyRER [Malaysia Renewable Energy Roadmap],” said Cypark.
The proposed placement is expected to be completed in the first quarter of 2023.
Last December, Cypark completed a private placement of up to 20% of the total number of issued shares, raising gross proceeds of RM97.23 million for the development cost of the solar power plant facility and partial repayment of bank borrowings.
Cypark shares finished down 1.25% at 39.5 sen on Tuesday (Nov 8), giving the group a market capitalisation of RM235.6 million. It has fallen 56.11% year-to-date.
Source: TheEdge - 9 Nov 2022
Posted by Good123 > 2022-12-20 05:23 | Report Abuse
https://www.theedgemarkets.com/article/cypark-concerns-arose-misunderstanding-business-model
Posted by Good123 > 2022-12-20 05:24 | Report Abuse
Posted by Good123 > 2022-12-20 05:25 | Report Abuse
https://www.cypark.com/videos/Berita_RTM_10_NOVEMBER_2022_Danau_Tok_Uban_Takiyuddin.mp4
Posted by Good123 > 2022-12-20 05:27 | Report Abuse
Posted by Good123 > 2022-12-20 05:29 | Report Abuse
Posted by Good123 > 2022-12-20 05:29 | Report Abuse
Posted by Good123 > 2022-12-20 05:33 | Report Abuse
Analysis of Shareholdings
as at 19 January 2022
DIRECTORS’ INTERESTS (continued)
Employees’ Share Options Scheme
Directors Number of Options %
Tan Sri Razali bin Ismail 4,000,000 11.93
Dato’ Daud bin Ahmad (also the Group Chief Executive Officer) 19,525,000 58.23
Dato’ Dr. Freezailah bin Che Yeom – –
Datuk Abdul Malek bin Abdul Aziz 50,000 0.15
Headir bin Mahfidz – –
Megat Abdul Munir bin Megat Abdullah Rafaie – –
THIRTY LARGEST SECURITIES ACCOUNT HOLDERS
Ordinary shares
No. Shareholders No. of Shares %
1. Maybank Nominees (Tempatan) Sdn. Bhd. 35,111,984 5.96
Pledged Securities Account for Dato’ Daud Bin Ahmad
2. AmanahRaya Trustees Berhad 30,000,000 5.09
Amanah Saham Bumiputera
3. Maybank Nominees (Tempatan) Sdn. Bhd. 23,026,600 3.91
Pledged Securities Account for Tan Sri Razali Bin Ismail
4. Citigroup Nominees (Tempatan) Sdn. Bhd. 18,905,250 3.21
Employees Provident Fund Board
5. AmanahRaya Trustees Berhad 16,661,800 2.83
Public Smallcap Fund
6. Lembaga Tabung Haji 16,493,800 2.80
Lembaga Tabung Haji, Bahagian Pemerosesan Pelaburan
7. RHB Capital Nominees (Tempatan) Sdn. Bhd. 15,000,000 2.55
RHB Islamic Bank Berhad – Pledged Securities Account for Abdul Wahid Bin Omar
8. RHB Nominees (Tempatan) Sdn. Bhd. 12,999,300 2.21
Pledged Securities Account for Dato’ Daud Bin Ahmad
9. AllianceGroup Nominees (Tempatan) Sdn. Bhd. 12,515,220 2.13
Pledged Securities Account for Tan Sri Razali Bin Ismail (8095427)
10. Citigroup Nominees (Tempatan) Sdn. Bhd. 11,441,400 1.94
Employees Provident Fund Board (CIMB PRIN)
11. Malacca Equity Nominees (Tempatan) Sdn. Bhd. 8,813,900 1.50
Exempt AN for Phillip Capital Management Sdn. Bhd. (EPF)
12. Maybank Nominees (Tempatan) Sdn. Bhd. 8,499,600 1.44
Etiqa Life Insurance Berhad (Growth)
13. Citigroup Nominees (Tempatan) Sdn. Bhd. 7,403,400 1.26
Kumpulan Wang Persaraan (Diperbadankan) (Principal Eqits)
14. Malacca Equity Nominees (Tempatan) Sdn. Bhd. 7,154,690 1.22
Exempt AN for Phillip Capital Management Sdn. Bhd.
15. Citigroup Nominees (Tempatan) Sdn. Bhd. 7,138,600 1.21
16. AmanahRaya Trustees Berhad 7,117,900 1.21
Amanah Saham Malaysia 3
17. RHB Nominees (Tempatan) Sdn. Bhd. 6,224,900 1.06
Pledged Securities Account for Dato’ Daud Bin Ahmad
18. Citigroup Nominees (Tempatan) Sdn. Bhd. 5,952,950 1.01
Great Eastern Life Assurance (Malaysia) Berhad (DR)
19. RHB Nominees (Tempatan) Sdn. Bhd. 5,655,000 0.96
Pledged Securities Account for Tan Swee Loon
20. Maybank Nominees (Tempatan) Sdn. Bhd. 5,626,100 0.96
Etiqa Life Insurance Berhad (Dana Ekt Prima)
21. Malacca Equity Nominees (Tempatan) Sdn. Bhd. 5,044,200 0.86
Exempt AN for Phillip Capital Management Sdn. Bhd.
22. Citigroup Nominees (Tempatan) Sdn. Bhd. 4,836,800 0.82
Employees Provident Fund Board (ARIM)
23. Citigroup Nominees (Asing) Sdn. Bhd. 4,750,000 0.81
Exempt AN for Citibank New York (Norges Bank 19)
24. AmanahRaya Trustees Berhad 4,738,200 0.80
PB Smallcap Growth Fund
25. TA Nominees (Tempatan) Sdn. Bhd. 4,669,700 0.79
Pledged Securities Account for Dato’ Daud Bin Ahmad
26. AmanahRaya Trustees Berhad 4,631,400 0.79
Amanah Saham Bumiputera 2
27. CIMB Group Nominees (Tempatan) Sdn. Bhd. 4,580,600 0.78
CIMB Commerce Trustee Berhad for Kenanga Shariah Growth Opportunities Fund (50156 TR01)
28. AmanahRaya Trustees Berhad 4,267,800 0.72
ASN Equity 2
29. CGS-CIMB Nominees (Tempatan) Sdn. Bhd. 4,044,400 0.69
Pledged Securities Account for Mohammed Amin Bin Mahmud (MM1004)
30. Citigroup Nominees (Tempatan) Sdn. Bhd. 3,878,300 0.66
Great Eastern Takaful Berhad (Mekar)
TOTAL 307,183,794 52.17
Posted by Good123 > 2022-12-20 05:35 | Report Abuse
Daily Historical Data
19/12/2022 0.410 0.425 0.390 0.395 8,001,700 0.395
16/12/2022 0.415 0.420 0.400 0.405 9,633,000 0.405
15/12/2022 0.400 0.425 0.395 0.415 21,129,600 0.415
14/12/2022 0.380 0.400 0.375 0.395 7,364,600 0.395
13/12/2022 0.395 0.395 0.375 0.380 4,349,300 0.380
12/12/2022 0.405 0.405 0.385 0.390 6,092,800 0.390
09/12/2022 0.385 0.415 0.385 0.405 16,275,600 0.405
08/12/2022 0.390 0.395 0.380 0.380 4,485,300 0.380
07/12/2022 0.385 0.390 0.385 0.390 676,400 0.390
06/12/2022 0.385 0.400 0.380 0.385 6,301,100 0.385
05/12/2022 0.390 0.390 0.375 0.380 2,479,400 0.380
02/12/2022 0.390 0.395 0.380 0.390 2,864,700 0.390
01/12/2022 0.380 0.395 0.375 0.390 7,238,300 0.390
30/11/2022 0.370 0.385 0.365 0.380 3,040,000 0.380
29/11/2022 0.370 0.380 0.365 0.365 3,219,700 0.365
25/11/2022 0.390 0.390 0.365 0.375 2,367,300 0.375
24/11/2022 0.360 0.385 0.360 0.385 5,569,000 0.385
23/11/2022 0.355 0.360 0.355 0.355 642,000 0.355
22/11/2022 0.355 0.360 0.350 0.355 2,742,500 0.355
21/11/2022 0.350 0.355 0.345 0.355 938,000 0.355
17/11/2022 0.350 0.360 0.350 0.355 1,974,300 0.355
16/11/2022 0.355 0.360 0.350 0.350 2,055,300 0.350
15/11/2022 0.355 0.365 0.355 0.360 4,436,200 0.360
14/11/2022 0.360 0.365 0.355 0.355 5,077,800 0.355
11/11/2022 0.360 0.370 0.355 0.355 6,374,400 0.355
10/11/2022 0.350 0.360 0.345 0.360 4,150,900 0.360
09/11/2022 0.380 0.380 0.350 0.350 27,027,900 0.350
08/11/2022 0.400 0.405 0.395 0.395 3,139,200 0.395
07/11/2022 0.410 0.415 0.390 0.400 5,664,300 0.400
04/11/2022 0.400 0.415 0.400 0.410 3,361,800 0.410
03/11/2022 0.420 0.425 0.400 0.400 4,233,300 0.400
02/11/2022 0.405 0.425 0.405 0.420 13,510,200 0.420
01/11/2022 0.405 0.405 0.395 0.405 2,600,900 0.405
31/10/2022 0.405 0.415 0.400 0.400 4,016,800 0.400
28/10/2022 0.395 0.415 0.395 0.405 9,459,900 0.405
27/10/2022 0.395 0.400 0.390 0.395 2,411,300 0.395
26/10/2022 0.385 0.400 0.380 0.395 8,946,900 0.395
25/10/2022 0.385 0.395 0.380 0.385 10,682,500 0.385
21/10/2022 0.400 0.400 0.375 0.385 7,798,600 0.385
20/10/2022 0.395 0.400 0.390 0.400 1,983,600 0.400
19/10/2022 0.405 0.410 0.395 0.400 6,249,300 0.400
18/10/2022 0.405 0.410 0.390 0.405 8,456,800 0.405
17/10/2022 0.400 0.405 0.390 0.395 4,777,300 0.395
14/10/2022 0.395 0.410 0.395 0.400 4,114,900 0.400
13/10/2022 0.410 0.425 0.390 0.390 14,605,000 0.390
12/10/2022 0.415 0.425 0.410 0.415 5,285,300 0.415
11/10/2022 0.440 0.440 0.410 0.410 12,468,800 0.410
07/10/2022 0.440 0.455 0.430 0.445 7,665,900 0.445
06/10/2022 0.440 0.450 0.435 0.440 5,890,800 0.440
05/10/2022 0.465 0.490 0.430 0.435 45,605,800 0.435
04/10/2022 0.435 0.460 0.435 0.460 60,881,900 0.460
03/10/2022 0.410 0.435 0.405 0.430 6,572,700 0.430
30/09/2022 0.420 0.430 0.410 0.425 4,613,900 0.425
29/09/2022 0.410 0.435 0.405 0.430 16,008,800 0.430
28/09/2022 0.415 0.415 0.390 0.400 8,815,200 0.400
27/09/2022 0.425 0.430 0.405 0.415 10,474,200 0.415
26/09/2022 0.425 0.430 0.415 0.425 8,655,200 0.425
23/09/2022 0.430 0.460 0.425 0.430 36,559,200 0.430
22/09/2022 0.420 0.435 0.415 0.425 8,970,800 0.425
21/09/2022 0.420 0.430 0.415 0.420 5,926,500 0.420
Posted by Good123 > 2022-12-20 06:02 | Report Abuse
On Dec 8, Cypark announced that its indirect subsidiaries had been awarded 21-year feed-in approval certificates by Sustainable Energy Development Authority (Seda) to carry out biogas projects, with a total capacity of 2.7MW, in Johor and Terengganu.
The first biogas project comprises a 1.2 MW installed capacity biogas plant in Layang-Layang, Johor, which was awarded to Cypark's 51%-indirectly-owned Reviva BACRE (Ulu Remis) Sdn Bhd. The second is a 1.5 MW plant in Kemaman, Terengganu awarded to BACRE Reviva Biogas (Kemaman) Sdn Bhd, which is 80%-owned by BACRE Reviva Biogas Holdings Sdn Bhd, which in turn is an indirect 51%-subsidiary of Cypark.
Cypark said Tenaga Nasional Bhd would purchase electricity from the project companies at pre-agreed feed-in tariff rates.
Posted by Good123 > 2022-12-20 08:37 | Report Abuse
See u at RM1 :)
Maybank IB has maintained its “buy” call on the company’s shares. It has also revised the target price to RM1.01 taking into account new estimated commissioning time frame for its three projects.
Posted by Good123 > 2022-12-20 08:40 | Report Abuse
It could break rm1 like dnex did recently... Fingers crossed
Posted by Good123 > 2022-12-20 08:52 | Report Abuse
see you at the top, bai bai :)
Posted by Good123 > 2022-12-20 10:10 | Report Abuse
Forecast maybank agak cun macam syer Maybank dulu
Posted by Good123 > 2022-12-20 11:08 | Report Abuse
Cypark, green/ renewable energy, ESG is the most popular theme nowadays...
Energy sold to tnb, mantap
Posted by Good123 > 2022-12-20 11:38 | Report Abuse
goodlah
Cypark wins roadworks contract worth RM74.3mil - The Starhttps://www.thestar.com.my › business › 2022/03/24
24 Mar 2022 — The stipulated completion date of the project is on Nov 22, 2023. “The project is expected to contribute positively to the earnings and net ...
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No result.
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Stock
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CS Tan
4.9 / 5.0
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....
Good123
26,432 posts
Posted by Good123 > 2022-12-19 12:34 | Report Abuse
Mr Chung, proxy conglomerate China/Hongkong kot? kaya tunai... asyik sapu syer cypark...