Posted by helang82 > 2020-12-30 09:34 | Report Abuse

it means, the vaccine will speed up the WTE development

Posted by Meena > 2020-12-30 12:07 | Report Abuse

Today quarterly result announcement?

Posted by Papayashot > 2020-12-30 12:25 | Report Abuse

HI helang82, yup it seems. WTE can be speed up only when boarder is open. Anyway, the judgement is yours. This company everything is good, BUT high debt (well, you may argue is their business nature), & POOR cash flow management (this one I cannot tolerate)... If a company uses debt to pay dividend all this while, I am a bit skeptical.

Posted by Jackma99 > 2020-12-30 17:37 | Report Abuse

OTHERS ISSUANCE OF UNRATED PERPETUAL ISLAMIC MEDIUM TERM NOTES ("PERPETUAL SUKUK MUSHARAKAH") OF UP TO RM500.0 MILLION IN NOMINAL VALUE BASED ON THE SHARIAH PRINCIPLE OF MUSHARAKAH ("PERPETUAL SUKUK MUSHARAKAH PROGRAMME") PURSUANT TO A PERPETUAL ISLAMIC MEDIUM TERM NOTES PROGRAMME BY CYPARK RENEWABLE ENERGY SDN. BHD

Posted by gchenh93 > 2020-12-30 18:04 | Report Abuse

I agree with Papayashot.If company itself needed such big capital to further expand their prospects, why would they still be paying dividends? On top of that, asking PP and Sukuk. Just means the management are not so financially intelligent.

Posted by James > 2020-12-30 20:48 | Report Abuse

Gone. .695 still good to enter. Investors invest for dividend , now company asking more money. Walao. See you again when the price back to .695 or lesser. ...

Posted by Jackma99 > 2020-12-30 21:11 | Report Abuse

It's hints that they get lls4 already so now ask for money from sukuk

Posted by Kc1154 > 2020-12-30 21:57 | Report Abuse

RAM Ratings reaffirms Cypark Ref’s AA3/Stable sukuk rating
Published on 29 Dec 2020.

https://www.ram.com.my/pressrelease/?prviewid=5550

More delay. Request for extension of date of completion of project approved. When can the plant operate is a big ? Cypark also expect to get LSS4 project award early next year. Already in debt, where to get money to start new ones? More fund raising activities?

Posted by Swing Trader > 2020-12-31 11:22 | Report Abuse

get money from SUKUK. need to maintain paid dividend because need to feed some to state government.

Posted by winwinco > 2020-12-31 12:01 | Report Abuse

why quarterly report not yet out

Posted by idkdontaskmelol > 2020-12-31 12:13 | Report Abuse

bcoz qr very bad, some of us get early info oredi

Posted by sephirohn12 > 2020-12-31 13:34 | Report Abuse

I think qr report out also no have surprise.because all project is delay

Posted by Jackma99 > 2020-12-31 17:27 | Report Abuse

Sudah out lo rnet profit this year down 10% compare previous year, expected

Posted by Dartmaster > 2020-12-31 17:58 | Report Abuse

wah qr damn bad gonna die.tomororw

Posted by winwinco > 2020-12-31 18:25 | Report Abuse

expected. with good things coming next year, the value of the shares will still hold

Posted by alibiii > 2020-12-31 20:40 | Report Abuse

No point to compare with Q42019 pre covid. Q42020 is better than Q32020 so consider ok already

Posted by gohkimhock > 2020-12-31 20:49 | Report Abuse

i don't see anything wrong with the quarterly results of FY20Q4. Not only the results have to be compared to the previous year, but also the immediate precedent quarter. Cypark will most likely be in my stockpick for 2021. Bcos it's potential is huge.

Posted by alibiii > 2020-12-31 20:52 | Report Abuse

Furthermore Q42019 was boosted by one off items such as adopting new accounting standards etc. If Q42019 result is ignored, then Q42020 is the best quarterly result in the past 10 years which fantastic already

Posted by Wy Wyl > 2021-01-01 00:13 | Report Abuse

Cypark sees earnings recovery in 4Q as movement restrictions ease

https://www.theedgemarkets.com/article/cypark-sees-earnings-recovery-4q-movement-restrictions-ease

Posted by sephirohn12 > 2021-01-01 04:39 | Report Abuse

Definitely.compare with solarvest and samaiden..cypark profit consider good already

Posted by Swing Trader > 2021-01-01 09:39 | Report Abuse

good prospect. have future. will buy when RSI oversold. if you have FOMO, buy some for positioning. average down if the price fall. average up if u think the price still have room to increase more. keep for 1 year.

Posted by lcng123 > 2021-01-01 17:47 | Report Abuse

compare the latest QR of Cypark (NP:21.3mil EPS:4.58sen PE:9.31 NTA:2.01) vs Samaiden (NP:1.0mil EPS:0.69sen PE:81.84 NTA:0.11) vs Solarvest (NP:4.0mil EPS:1.02sen PE:63.36 NTA:0.22). Which one the best ?

Posted by Swing Trader > 2021-01-01 23:19 | Report Abuse

@lcng123 my2cent, Cypark score the most since the management very well groom with government project.

Posted by AtomicHabits > 2021-01-02 11:11 | Report Abuse

Copy paste 纯属个人看法：
1. 社会是现实的，cypark是马来公司，而slvest和samaiden是华企，所以lss4 cypark是具有优先权的。
2. cypark的工程主要来自政府，slvest和samaiden主要来自私人界，因此属于政府工程的lss4对cypark比较有利。
3. cypark获得lss1-lss3工程，也就是lss的最大赢家；slvest旗下的alantic blue曾经拿下过lss2其中的1项工程。
4. cypark是整个东南亚区最大的float solar拥有者，也因为float solar赢得两项lss 2项目，原因在于太阳能发电需要大面积的空间，购买土地建太阳能发电会使成本提高，因此需要建议的电费竞标价也需要提高，而lss是以最低电费的竞标者为赢家。float solar是在废矿湖之类的大面积湖泊上置放太阳能电板，我想废矿湖的成本应该低于一般的土地成本，因此能提供较低的竞标价而成为赢家。
5.在报告中指出lss2的3项共150mw的项目将于31 dec 2020进行cod，也就是说明contract assets（lss 2的记录方式）的欠款将以发电的方式付电费偿还。说句明白话，就是当时以多少电费得标，产电卖出后的所得来偿还，如果最后亏钱那也是得标者的问题，政府的确透过电费偿还了。总之明年开始就能收回以21年的方式收回contract assets。
6.另外一点值得提起的就是cypark的WTE，cypark是马来西亚第一家以焚化炉发电的公司，赚取电费和垃圾处理费，一举两得，同时也能减少州属的一般垃圾场，我相信政府会非常鼓励WTE。明年初就有6项WTE工程开始竞标，cypark有信心拿下其中一项。
7.政府的目标是提升RE至25%，虽然太阳能是再生能源，但是再生能源包含太阳能，WTE，biomass和biogas等方式的再生能源。cypark是一家真正的再生能源公司，而samaiden和slvest的主要业务是太阳能，因此cypark的潜力空间比较大。
8.cypark的PE非常低是众所周知的事，原因在于大家担心net cash flows used in operating activities是负数的，其实扣除contract asset后就是正数了，而且在lss 2的项目开始cod后还会为公司产生现金流。可以到annual report 2019的23页中的assets and liabilities查看，其中提到increase in contract assets from the lss2' s turnkey project。
9.查看cypark的大股东就能发现其中有非常多的基金，例如public fund，pnb，great eastern，epf等。可能是cypark有25%的盈利派息政策吧，只是今年的还没派发。

纯属个人看法，如有错的地方请提醒我，不是建议各位买卖。谢谢

Posted by Papayashot > 2021-01-02 15:21 | Report Abuse

"25%的盈利派息政策吧，只是今年的还没派发".. How to pay dividend if negative CF operating activities? Use debt to pay?

Posted by Papayashot > 2021-01-02 15:25 | Report Abuse

If cypark can manages so many projects effectively, it is good. However, more projects means more debt. If you read the minutes of their previous AGM, the management has insisted that CF might be negative again to fund new projects.. I really pity on them la.. having borrow monies here and there to get the plant up, and they might get the risk of project delayed and payment delayed (as they dealt with government)

Posted by Papayashot > 2021-01-02 15:28 | Report Abuse

社会是现实的，cypark是马来公司，而slvest和samaiden是华企.. Well, if cypark not becoz of their questioning management skill in managing CF, I think slvest and samaiden got NO fight against cypark.. You see the share price of slvest skyrocketing (PE way higher than cypark).....I believe Market got their logics behind somehow.

Posted by Papayashot > 2021-01-02 15:31 | Report Abuse

Investment often come with risk. Well, we can say cypark prospect is bright la, good la, low PE la etc. But we must understand the risk also.. WTE project delayed for 2 years since 2018 and management still boast about it in their QR.. come on, be truthful to the shareholders. Tell us the true reason why it is delayed for 2 years & dun just tell shareholders the good story.

Posted by Kc1154 > 2021-01-02 17:56 | Report Abuse

The 2 top men are pd >2m/yr as their salary regardless of the company performance. On top of that they also get esos. Com looks good, in line with country's green policy, get project, tell good story in report, then give excuse to cover their delay,.. Now it says the wte at Port Dickson can start in mid year. The delay is actually more than the time that it supposed to complete the project. Err

Posted by hbimbj > 2021-01-02 23:38 | Report Abuse

LSS4 winner going to benefit a lot with ringgit strenghtening as the capex is mostly in usd; the margin must be on the high side of their projection

Posted by amet2017 > 2021-01-03 01:12 | Report Abuse

Aiya come here bla bla bla. People oledi make money and run to other counter, you still badmouth here.

Posted by AtomicHabits > 2021-01-03 16:14 | Report Abuse

https://www.facebook.com/116305656437145/posts/473692000698507/

Posted by AllYouCanBuy > 2021-01-06 08:48 | Report Abuse

Dear all, I am interested in buying Cypark. Can someone please advise me on the best price range to enter? Looks like its price is at its highest now. Thanks.

Posted by Kingfisher > 2021-01-06 09:27 | Report Abuse

It is on upward trend..RE is going to be the theme play on this year !!!
If you think it is at its highest now..after sometime, you will have to buy it at $1.80 !!!

Posted by Limitup30 > 2021-01-06 15:15 | Report Abuse

today market effect by politic again

Posted by amateurJR > 2021-01-06 17:55 | Report Abuse

Buy on weakness batch by batch.

Posted by amateurJR > 2021-01-06 17:55 | Report Abuse

1.25 my first batch

Posted by nasgee > 2021-01-07 08:54 | Report Abuse

2 day fly ...dnt waitt

Posted by RainT > 2021-01-07 10:24 | Report Abuse

CYPARK have high debt

good ?

low PE & yet share price cannot up

Posted by RainT > 2021-01-07 10:25 | Report Abuse

why CYPARK cannot up high same as SAMA or SOLARVEST ?

Posted by Michael Kwok > 2021-01-07 14:28 | Report Abuse

Just wait.Some formation on the card.I dun think PBB is right on valuation.Putting best case scenario rm 2.40-Rm 3 to close the gap on its peer by valuation average 24-26 PE.

Posted by Michael Kwok > 2021-01-07 14:31 | Report Abuse

Im going to buy Cypark next week No need worry.Still can buy some more.If got sharp drop then buy this week.

Posted by amateurJR > 2021-01-08 11:17 | Report Abuse

Come drop more if lucky 1.18 is my next batch

Posted by VTrade > 2021-01-09 11:03 | Report Abuse

125 118. Batch easy touch....

Posted by Michael Kwok > 2021-01-11 16:15 | Report Abuse

Let set rm 1.08-rm 1.12.Believe on me,Ong will mari.

Posted by lloydlim > 2021-01-11 19:00 | Report Abuse

Better waiting at 1.00

Posted by DonWorryBeHappy > 2021-01-11 19:46 | Report Abuse

Aiyo I bought back too early lor 1.19 sighhh

Posted by Karlos > 2021-01-12 11:11 | Report Abuse

1.19 is a very good price to buy, way below the intrinsic value !

Posted by lloydlim > 2021-01-12 11:12 | Report Abuse

Agreed with u Karlos

Posted by substation661 > 2021-01-12 12:08 | Report Abuse

Very good support. Biden is pro renewable energy,Us solar energy stocks are in crazily high. We will follow.