PEB to be transformed into a pure play green energy (RE) company.
LBG said reNIKOLA intention is to transform PEB into a leading pure-play renewable energy company in Malaysia, and possibly in the region.
"The plan is to first expand our solar portfolio and gradually expand our footprints in different verticals within the green energy sector.
"We aim to grow our renewable energy assets portfolio to be the largest in Malaysia. Having PEB with reNIKOLA combined will accelerate the transformation plan as we will have approximately 418MWp of solar assets upon completion, in our stable.
This development will enhance the potential value of the company.
PEB, could potentially surpass SAMAIDEN's market cap any time now.
Based on transaction today banker trying to press down share price by throwing tickets at 1.92 & 1.93 (consists of more than 50% of daily volume) but still market keep on grabbing tickets. Early buyer took profits while some gungho investors don't mind grabbing tickets at limit up price. Tomorrow upwards price freezed; might have tickets for sale less than 1.93.
Posted by investorbat > Feb 23, 2021 1:28 PM | Report Abuse
how much the buy doesnt matter,maybe very less from the figure above,pitahaya issue share to renikola(ipp seller),after that renokola became major shareholder(rto).Looks like pitahaya buying asset from renikola,actually renikola selling asset to a listed company n became major shareholder,so at the end renikola is listed company.Just like Ancomlb buying S5.
Well finally lu understand what Sarifah hv been writing all this while
investorbat cik sarifah,u still dont understand ah,buyer n seller r same group of person,why tamak?The buying price might be low until u cannot believe
Powering the Future by Taking Renewable Energy Further.
Nikola Power is building a software infrastructure which seamlessly integrates and manages millions of distributed energy resources.
We combine our technology with extensive experience in renewable energy development and project finance to help customers easily access and optimize the benefits of energy storage.
With over 30 years of combined clean energy experience, the Nikola Power team understands the challenges of project development. Our software platform limits complexity, reduces risk, and enables project developers to take solar + storage projects from development to deployment.
Our Mission
We believe a 100% renewable energy-powered world is possible. Nikola Power is committed to making that vision a reality by creating a purpose-driven business for social good.
troy88 Even Tesla is investing big in Solar. Many people only think they are EV but they are in renewable energy and making innovations in solar technology. 25/02/2021 10:33 AM
THANKS TROY88.. YOU HAVE GOOD FORESIGHT! HOPE OUR GREEN ENERGY THEME STOCK MULTIBUGGER IN 2021!
The key consideration for the stock now is the corporate finance angle: What is the price paid for the solar assets? This will decide how many shares are issued and the degree of dilution.
Only after the above is fixed can one then estimate the per share valuation incorporating all the fundamental attributes.
Eg. Assuming DCF valuation of the Solar assets is RM1b, but the negotiated injection price is RM2b, which requires share issuance of 2b/1.07 = 1.869b sh.
Enlarged number of sh = 0.069 (existing no. of sh) + 1.869 = 1.938b,
Assuming market eventually reflects the true DCF valuations,
Value of PEB = (1.02*69.125)*0.001 + 1 = RM1.07b
Per sh value = 1.07/1.938 = RM0.552
However, if the negotiated injection px is RM0.5b, which requires sh issuance of 0.5/1.07 = 0.467b sh, then value of PEB = (1.02*69.125)*0.001 + 1 = RM1.07b, same as above as we assume that market eventually reflects the true DCF valuations,
If negotiated injection px is RM0.1b, ceteris paribus,
share issuance of 0.1b/1.07 = 0.093458b sh, so Enlarged number of sh = 0.069 (existing no. of sh) + 0.093458 = 0.16246b,
value of PEB = (1.02*69.125)*0.001 + 1 = RM1.07b, same as above as we assume that market eventually reflects the true DCF valuations,
Per sh value = 1.07/0.16246 = RM6.59!, but the shareholder of reNikola needs to be so kind hearted that he is going to inject an asset worth RM1b for RM0.1b.
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....
paulthesotong
2,892 posts
Posted by paulthesotong > 2021-02-23 17:11 | Report Abuse
Come on folks...LBG will sell its 3plants for > 500m valuations.!!!!!!!