Posted by gohkimhock > 2021-01-21 23:33 | Report Abuse

ESOS is an exercise to reward loyal employees. It is good. An ESOS exercise usually last 5 years. Private placement is not.

Posted by Karlos > 2021-01-22 08:03 | Report Abuse

Agreed that ESOS exercise can be beneficial for both the company and the affected employees if it done and price rightly. ESOS should be given subject to some performance targets and issued at a fair price, not at a huge discount. In addition it should not be issued in large numbers and too frequently.

Posted by Karlos > 2021-01-22 10:53 | Report Abuse

However except from issuing and repricing ESOS at too large a discount, Cypark is an excellent company in the right growing sector and still very much undervalued at current price. The current high debts and negative cashflows are of no issue if you understand properly the kind of biz that Cypark is in.

Posted by zhm540 > 2021-01-22 11:56 | Report Abuse

Cypark will follow Samaiden and Samaiden will track Solarvest. Now Solarvest is in the upswing, soon the spill over will come to both

Posted by wishyouallthebest > 2021-01-22 12:29 | Report Abuse

Will Solarvest price go down like Samaiden as well?

Posted by Limitup30 > 2021-01-22 14:52 | Report Abuse

Wont up , no hope cypark others like samaiden and slvest also up alot but cypark keep stuck there. Fxxk those people keep throwing

Posted by hng33 > 2021-01-22 16:19 | Report Abuse

sold all cypark at 1.40

Posted by anzhsb > 2021-01-22 17:13 | Report Abuse

slvest give 1 - 2 share and 1 -4 warrant ... steady pun pit pit

Posted by mni75 > 2021-01-22 22:23 | Report Abuse

Samaiden where got solar or renewable energy project..once said b4 got 1mw energy project in Bachok, but when check with local council ...no meh

Posted by Karlos > 2021-01-24 21:32 | Report Abuse

The ACE Market Samaiden and Solarvest should not be compared at all with Cypark as they are basically just contractors for green/solar projects. The nearest comparison to Cypark in green energy space are perhaps Main Board listed Amcorp Properties that own both solar farm and small hydro plants; and G Capital that own a no of hydro plants.

Posted by DEVANANTHAN > 2021-01-25 09:36 | Report Abuse

Omg its dropping heavily

Posted by JoyOhi > 2021-01-25 22:16 | Report Abuse

Looking at KLCI today and comparison with the retracement of other stocks u can see how tough solar players is, they survived with minor damage. US currently is pushing the world for a positive climate changes, a conference for climate change are to take place tonight. This only means 1 thing, a push for global renewable energy.

Posted by thesigncom > 2021-01-26 16:46 | Report Abuse

CYpark did well today

Posted by Jack888 > 2021-01-27 09:11 | Report Abuse

Cypark coming..go..go..

Posted by Karlos > 2021-01-27 09:31 | Report Abuse

Nothing to worry about Cypark as it is still unappreciated and undervalued and Cypark is in the right biz of green energy, already owning and operating a no of projects with long term guaranteed incomes. Some others in so called in the green energy biz are mostly just contractors or suppliers, not developers or owners.
The stock price glitch down are temporary, perhaps due to recent exercise of ESOS at an extremely low price of only 59.5 sen.

Posted by Karlos > 2021-01-27 10:07 | Report Abuse

The current new issue of ESOS was priced at a very reasonable and fair price of RM 1.16 at a reasonable discount from the reference price of RM 1.38.

Posted by MelonCheng > 2021-01-27 15:56 | Report Abuse

but problem is cypark financials seem to have some problem as they have high borrowing and debts, high trade receivables which seem to be uncollectible. hmmmmm

Posted by JoyOhi > 2021-01-27 19:17 | Report Abuse

High borrowings/debts mainly due to their nature of business.. Must aware the projects that they awarded with lss1, lss2, lss3, wte are still in progress.. Current revenue was contributed from 47MWDC generated by their solar farms, it is expected tis year up to 200MWDC to be generated from their solar farms.. This would means their next QR going to be HUGE..

Posted by MF0001 > 2021-01-28 17:03 | Report Abuse

RM3.00~

LATER MORE SORE LOSER :DDDDDDDDDDDDDDDDDDDDDDDDDDDD

Posted by MF0001 > 2021-01-28 17:04 | Report Abuse

HOOT 9 E LARH~

GOOD FA~

SCARE WHAT?

PRICE DROP?

GOOD FA WHERE CAN DROP~

WAIT CYPARK GO RM3.00 :DDDDDDDDDDDDDDDDDDDDDDDDDDD

888!

STEADY BOM PI PI~

HOOT

9

E

:DDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD

Posted by lloydlim > 2021-01-28 19:47 | Report Abuse

I'm sure boss is very happy due to higher share price pushed up by the retailers as he could issue more higher price for esos.

Posted by harisham74 > 2021-01-29 16:07 | Report Abuse

still more room for buyer..

Posted by DEVANANTHAN > 2021-02-01 22:00 | Report Abuse

Will it hit 1.5?

Posted by hng33 > 2021-02-02 11:16 | Report Abuse

matched cypark also order at 1.35

Posted by SUPERMONEY > 2021-02-02 12:13 | Report Abuse

appears still sideway consolidation

Posted by kenkaw > 2021-02-02 18:09 | Report Abuse

https://www.sinchew.com.my/content/content_2421469.html

Posted by shearer202 > 2021-02-02 22:58 | Report Abuse

要投资再生能源就一定要买cypark来收三年内必定可以翻倍! Samaiden , vsolar,scbuild靠炒作吧了不会持久!

Posted by shearer202 > 2021-02-02 23:00 | Report Abuse

Solarvest 股价有点过高了!

Posted by NPRA1985 > 2021-02-03 22:10 |

Post removed.Why?

Posted by Kingfisher > 2021-02-04 08:24 | Report Abuse

This website is about solar energy, nothing to do with vaccine !!! Are you an illiterate with IQ zero ???

Posted by hng33 > 2021-02-04 09:56 | Report Abuse

added cypark at 1.41

Posted by hng33 > 2021-02-04 10:05 | Report Abuse

added all margin line to cypark 1.41-1.42

Posted by hng33 > 2021-02-04 17:28 | Report Abuse

Cypark, 25 MW waste to energy power plant will get commercial operation date soon

Posted by Harvey Specter > 2021-02-05 11:48 | Report Abuse

where did you get this info @hng33 ? exciting times

Posted by Papayashot > 2021-02-05 23:03 | Report Abuse

wah, hng33, simply spread news so that you can push up the price ah.. Please la....

Posted by Kingfisher > 2021-02-05 23:42 | Report Abuse

This shows that you read or know very little about Cypark company development !!! Cypark 20MW Waste To Energy power plant and 4MW Biogas power plant will start operating on 1st.July 2021 !!! It is building more solar farms to bring its total out-put to 200 MW by next yr !!!

Posted by Papayashot > 2021-02-06 09:01 | Report Abuse

Well, you might be right KingFisher, if you believe what the Management said. Anyway, they have told the shareholders all this while COD for WTE since 2018, has it been realized?? Have you ever monitored the progress of the WTE construction progress physically at Port Dickson, or you just get the so-called COD date from the web?

Do you know in order to commission the WTE, what are the process involved? Do you think it is as simple as press the on button after construction finishes, and let it run and generate money? After deducting all the debts, borrowings, etc. how much left to be given back to the shareholders? Have you taken that into account?

Good luck ya.

Posted by Kingfisher > 2021-02-06 11:56 | Report Abuse

Well, every investment has risk, No risk no gain..
If you think its share price is too high and managemnt is not capable to run this RE company business then ..dont buy this share.
Go and buy Solarvest at $3++ with market cap of $1.3b making only $16m net profit last yr ..Good Luck !!!

Posted by amet2017 > 2021-02-06 13:01 | Report Abuse

aiyo everytime price start to go up you come here again talking bla bla bla.. haiya people making money you still bla bla bla..hehe. last round also the same

Posted by star168 > 2021-02-06 19:07 | Report Abuse

Esos again... Everytime when share price up, esos, I hold this stock for long time already, and average up last friday.

Posted by star168 > 2021-02-06 19:08 | Report Abuse

How come cypark share price lower than samaiden

Posted by star168 > 2021-02-06 19:10 | Report Abuse

Cypark doing well, but share price... Hmmmm.. Hope this year can going up to rm2 above.

Posted by bursabigbull > 2021-02-07 03:09 | Report Abuse

star168, this is because they are very different companies in nature. However, people are yet to count in Cypark's future potential earnings which is opening of two new renewable energy plants in Jun 2021 and Jan 2022. Just sit tight, everything will be fine.

Oh, people are also scared of the huge debts and high D/E ratio which scare template/ratio based investors. However, the right way to look at it is, the debts are well amortized and structured. Plus, such profitable business with good profit margin and good future will easily get financing from banks.

We should be happy that they are geared (taking debts) rather than issuing more shares. As you all know, issuing more shares means when the earnings drop we get lesser chuck of the cake later on. Just my two cents. Debates are welcomed. Cheers.

Posted by bursabigbull > 2021-02-07 03:15 | Report Abuse

papayashot, think long term bro/sis. Even before the commencement of two new plants, P&L are well in green after deducting interest paid. You taking into account paying back the principal? Aren't the company now own the plant when we pay back principal? It DOES create value. Think long and not short. Cheers.

Posted by Kc1154 > 2021-02-07 11:01 | Report Abuse

Cypark has been in this business for more than 10years. Experienced and well placed, there is no problem of getting project awards. Meeting tell beautiful pictures. Buying this stock for its solid fundamentals, i expect it give me pocket money at least in the medium term. But sadly disappointedly. New comers like samaiden and solarvest are doing better in the market. Slvest gives dividend and bonus too. Big players seem to be avoiding cypark. Or they know the stories that are not known to others. Time for me to get out.

Posted by gohkimhock > 2021-02-07 11:48 | Report Abuse

Samaiden is speculative, Cypark is backed by good fundamental.

Posted by star168 > 2021-02-07 12:28 | Report Abuse

Thank for sharing =)

Posted by Flykite > 2021-02-07 13:03 | Report Abuse

Different views different takes. Appreciate all the sharing or comments.

Posted by Papayashot > 2021-02-07 18:03 | Report Abuse

Hi bursabigbull, thanks for your comments. Ya, cypark did give beautiful profit after tax in their income statement. Increasing trend some more as they lock in progressive "construction profit". But, as a businessman, what we want to see is whether this business generates cash to reward shareholders, or to fund internal operations.. For me, it seems to us as investors (and most fund managers) did not buy the so-called "construction profit" from cypark.

Well, if u do business with end users like us, it could be easier to get back money. Otherwise, it could be another story.

Ya, I do admit that this is a great business, if and only if the company can manage the cash flow well. This kind of powerplant business is capital intensive, and it requires a lot of upfront capital.

As investor, it is not about biden said promote "green energy", then go buy those renewable energy counter. If you are speculator, it could be another story la.

Try to drive to WTE Port Dickson and see what happens there. Then u will know how to do a better/wiser decision.

Posted by Papayashot > 2021-02-07 18:31 | Report Abuse

Read the last sentence (quoted from their MoM):


 In the Company’s 2019 Annual Report, the Company had a significant
increase of contract assets from RM294.0 million in 2018 to RM539.0 million
as at the financial year ended 31 October 2019. Given that contract assets
are classified as current assets, why it has not been realised into
receivables/cash and yet it increased?
 When would the cash flow of the Company turn into positive cash flow?
Dato’ Daud replied as follows:-
 A few of the Company’s engineering, procurement, construction and
commissioning (“EPCC”) projects are on turnkey basis, which includes the
facilitation of the financing of the projects by the Company via turnkey
financing. The Company is financing the projects itself and obtaining
repayment from the clients through the proceeds received by the clients from
the sale of electricity to TNB at the same time. The repayments from the
clients are certain as the cash inflow and revenue of the clients from the sale
of electricity are certain due to the PPA signed with TNB whereby TNB is
obligated to purchase the energy from the clients at a fixed price.
 The Company’s trade receivables are designed to match with the cash inflows
and revenue of the clients from the sale of electricity and thus, the concern
will not be on the collectability or the recoverability of the trade receivables.
 In the current scenario, it is expected to have more cash outflow than cash
inflow due to the Company’s capital investment in the projects and the cash
inflow can only be noticed clearly upon the commencement of the commercial
operation date (“COD”) of the projects. The Company is expecting a
significant amount of revenue and cash inflow to be generated in year 2021
from the completion of LSS 1 project, LSS 2 project and the Solid Waste
Modular Advanced Recovery and Treatment waste-to-energy (“SMART
WTE”) plant.
 Notwithstanding that, the Company is also expecting a significant cash
outflow in year 2021 and 2022 due to capital investment of LSS 4 project and
LSS 5 project.