Posted by calvintaneng > 2021-07-30 07:37 | Report Abuse

Will buy

Green energy is the future

Posted by iHunter > 2021-07-30 08:03 | Report Abuse

It ' s good that the company communicate with CalvinTanEng to update to shareholders here.

Yes, no brainer to go for green energy especially with demand of power consumption by electric cars and also tax incentive.

Posted by iHunter > 2021-07-30 08:30 | Report Abuse

By looking at the chart, seems it has been in accumulation mode by some smart money.

Probably I enter today before they start mark-up the price.

Posted by Bgt 9963 > 2021-07-30 08:55 |

Post removed.Why?

Posted by iHunter > 2021-07-30 09:22 | Report Abuse

We are going to mark-up the price after lunch. For now, we just buying from weak holders.

Posted by roger3210 > 2021-07-30 11:17 |

Post removed.Why?

Posted by roger3210 > 2021-07-30 11:27 |

Post removed.Why?

Posted by dompeilee > 2021-07-30 16:07 | Report Abuse

Dragged DOWN by SERBAK...avoid for now!

Posted by tomm77 > 2021-07-30 16:12 | Report Abuse

Yes avoid for now if you're looking short term. It has tremendous value once the dust settles

Posted by Bgt 9963 > 2021-07-30 16:18 |

Post removed.Why?

Posted by PSAi3alert > 2021-07-30 19:23 | Report Abuse

calvintaneng,

Perhaps too much working from home is causing your contacts to have temporary memory loss.

Both Mustakim Bin Mat Nun and Amirul Afif Bin Abd Aziz are indirect shareholders of One Hydro Power Sdn Bhd, which in turn is a wholly-owned subsidiary of OHP Ventures Sdn Bhd. In fact Mustakim Bin Mat Nun Amirul Afif Bin Abd Aziz, and Zainal Azwadi Zainal Abidin are also directors of OHP Group.

I will now answer those questions that have been posed.

When KPowernet accepted the award by Zhenghong for the Nam Taep 1,2,3 Hydropower Co Ltd ("NT") project valued at USD40.7M in June 2020, the same project that was awarded by NT to Serba, valued at USD66.2M, in July 2018 ought to have been terminated.

You just cannot sell the Brooklyn Bridge twice. Furthermore, Mustakim, Amirul and Zainal ought to know since all three of them are directors of the OHP Group and OHP Group has 35.7% stake in NT.

The impacts for Serba are now:

--->>> Serba will need to write-off RM20.99M from its receivables for the hydro power projects in Laos (FYE 2019: RM12.326M, 15months ended 31-03-2021: RM8.664M)

--->>> Serba will need to write-off RM3.36M (USD800,000) for it's 34.3% stake in NT because Zhenghong is now allegedly the owner for the hydro power plants (the 49% stake in OHP Ventures was purchased form OHPVSB in Oct 2018. OHP Ventures has 70% share in NT)

With the NT and Serba confusion out of the way, we will now try to understand the awards by Zhenghong Building Road and Bridge Construction Co Ltd.

KPowernet announced 2 awards by Zhenghong:
- USD40.7M in June 2020 (3x5 megawatt Nam Taep 1 and 3x5MW Nam Taep 2 hydropower project)
- USD15.88M in Feb 2020 (8 megawatt Nam Samoy hydropower project)

Zhenghong Building Road and Bridge Construction Co Ltd is a company registered by Zheng FuJun in Laos. Zheng Fujun has also registered 3 other companies in Laos - Lao Fanya Marble-Granite Rock Co. Ltd, Lao Fanya Agriculture Investments Co. Ltd and Lao-China Yuan Sheng Real Estate Development Co. Ltd.

None of those companies registered by Zheng FuJun has a power purchasing agreement with Électricité du Laos. Without a PPA in place, it will be impossible to obtain fundings.

Even with a signed PPA, funding will be challenging because of a situation of over-capacity of hydropower plants and debt levels that have resulted in the downgrading of the country's rating to CCC.

Of the 90 hydropower plants that have been planned, 56 plants are in operation with a total capacity of 8,768 Megawatts. Thailand and Yunnan Province in China have had an electricity surplus in recent years and have reduced their demand from Laos.

For completeness sake, I have looked at the satellite images of the Nam Taep river at Sam Tai District, Houaphanh province; and Nam Lik river, Vientiane Province. Unfortunately, there is no evidence of hydropower plant construction activities in those areas.

I do have a couple of additional questions:

--->>> Question: How much of the USD40.7M (3x5 megawatt Nam Taep 1 and 3x5MW Nam Taep 2 hydropower project) contract has been recognized as receivables by KPower?

--->>> Question: How much of the USD15.88M (8 megawatt Nam Samoy hydropower project) contract has been recognized as receivables by KPower?

( p.s. Please ask your contact to update the information at https://www.ohpgroup.co/houaphan and https://www.ohpgroup.co/vientiane before they get more confused themselves)



calvintaneng PSAi3alert

Your question is noted
I still trying to contact person in charge now working from home

Once got will update you

In any case all the negatives have been priced in
29/07/2021 1:07 PM


PSAi3alert calvintaneng,

Have you obtained answers for the following questions?

Questions

In July 2018, Serba got awarded a USD66.2M project by "NT" for the 3x5MW Nam Taep 1 and 3x5MW Nam Taep 2 hydropower energy facility

In June 2020, KPower announced the award by Zhenghong Building Road & Bridge Construction Co Ltd for the 3x5 megawatt (MW) Nam Taep 1 and 3x5MW Nam Taep 2 hydropower energy generating facilities

--->>> Question: How can Zhenghong award the same project to KPowernet for US$40.7mil in June 2020, when NT already awarded the project to Serba for USD66.2M in July 2018?
--->>> Question: Has NT terminated the contract that was previously signed with Serba?
Nam Samoy Hydropower Co. Ltd. was already listed at the developer of the Nam Samoy project that was intended to qualify as a CDM project in a 2014.
--->>> Question: How can Zhenghong award the same project to KPower in Feb 2020?
--->>> Question: Is there any evidence to show that Zhenghong has signed PPAs with Électricité du Laos for both projects?
--->>> Question: Since Fitch has downgraded Laos country rating to CCC, how are the projects going to be funded?
29/07/2021 11:52 AM

Posted by yemes35202etoymail > 2021-07-30 21:56 | Report Abuse

mantap they can play hydro in sabah and perak

Posted by Beautyseeker > 2021-07-30 22:15 | Report Abuse

The price is still falling

So better buy at lower price

Posted by iHunter > Jul 30, 2021 8:30 AM | Report Abuse

By looking at the chart, seems it has been in accumulation mode by some smart money.

Probably I enter today before they start mark-up the price.

Posted by calvintaneng > 2021-07-31 06:47 | Report Abuse

Good morning all

Yes PSAi3alert

Thank you for the detailed questions

All noted. Once got clarity will reply to you

Posted by stockraider > 2021-07-31 08:27 | Report Abuse

Be steady lah....on bjcorp & bjland lah....go for longer term loh!

Just invest like raider base on fundamental....u can be rich loh!

Posted by Yu_and_Mee > 2021-07-31 12:59 | Report Abuse

Good and peaceful debate and clarity from Calvin and PSAi3alert. Let's see whether really worth or worst to buy.

Posted by calvintaneng > 2021-08-01 21:05 | Report Abuse

This is good news for Kpower renewable energy

See

An Estimated 1 Billion Sea Creatures Cooked to Death in the Pacific Northwest Heat Wave

https://gizmodo.com/an-estimated-1-billion-sea-creatures-cooked-to-death-in-1847244037

Posted by calvintaneng > 2021-08-01 21:08 | Report Abuse

See this https://www.youtube.com/watch?v=t37k3mzhNbs

Posted by calvintaneng > 2021-08-01 21:09 | Report Abuse

See https://www.youtube.com/watch?v=HmZE4NHcHic

Posted by Bgt 9963 > 2021-08-01 21:10 |

Post removed.Why?

Posted by calvintaneng > 2021-08-01 21:12 | Report Abuse

Why renewable energy is a must

See https://www.youtube.com/watch?v=bnZQgp6srF4

Posted by calvintaneng > 2021-08-01 21:13 | Report Abuse

See https://www.youtube.com/watch?v=5sU-8bi8n3g

Posted by calvintaneng > 2021-08-01 21:21 | Report Abuse

Climate change by RENEWABLE ENERGY IS A MUST (NOT OPTIONAL)

https://www.youtube.com/watch?v=u0qrtWNgFXE

Posted by calvintaneng > 2021-08-01 23:08 | Report Abuse

Turkey on fire calls for climate change

https://www.youtube.com/watch?v=qf7xvhiOwFU

Posted by WongCapital > 2021-08-02 02:34 | Report Abuse

Still in downtrend. No one knows what price is the bottom. 40 sen? 30 sen? 20 sen?

Posted by blistering > 2021-08-02 03:10 | Report Abuse

haha buhhbyee KPOWER & SERBA!! lets go SCIB!!!

Posted by dompeilee > 2021-08-02 10:39 | Report Abuse

Buy Q > Sell Q....prob a lot of FAKE buyers...

Posted by leno > 2021-08-02 10:40 | Report Abuse

dompeilee,
leno believe this month is Insas-WC month
must collect as much as possible.
Cheers.

Posted by Beautyseeker > 2021-08-02 13:28 | Report Abuse

Maybe at 0.50

Posted by WongCapital > Aug 2, 2021 2:34 AM | Report Abuse

Still in downtrend. No one knows what price is the bottom. 40 sen? 30 sen? 20 sen?

Posted by calvintaneng > 2021-08-02 13:43 | Report Abuse

Hahaha

So many are here intending to buy some Kpower?

Just buy and hold tight

Posted by Citadel9999 > 2021-08-02 13:51 | Report Abuse

buy and hold tight then become netx HAha

Posted by Jessie > 2021-08-02 13:56 | Report Abuse

E&Y 报告应该下个星期就出了

Posted by yemes35202etoymail > 2021-08-02 14:26 | Report Abuse

20sen

Posted by brian3381 > 2021-08-02 19:08 | Report Abuse

Gg oredi la tis.

Posted by dompeilee > 2021-08-03 07:26 | Report Abuse

Calvin tan stocks need 2 hold 10 years...else no hope...unless u r lucky to catch near the low & take profit...like my last round...

Posted by gopiwira > 2021-08-03 08:16 | Report Abuse

Master Calvin suggested stocks are good stocks. But you must choose your buy and sell call.

Posted by Bgt 9963 > 2021-08-03 08:33 |

Post removed.Why?

Posted by roger3210 > 2021-08-03 10:58 |

Post removed.Why?

Posted by calvintaneng > 2021-08-03 11:59 | Report Abuse

Go go power ranger!

Posted by bojed > 2021-08-03 13:48 | Report Abuse

Still holding.

----------------------------------------------------------------------------

bojed I'm still holding my 300,000 warrants bought at 0.22 despite the turbulence.

With or without Dato' Karim, this counter has a high chance to go up despite whatever SD's IR outcome will be.
18/07/2021 4:05 PM

Posted by roger3210 > 2021-08-03 20:29 |

Post removed.Why?

Posted by awesome20 > 2021-08-03 20:30 | Report Abuse

see see

Posted by calvintaneng > 2021-08-03 21:20 | Report Abuse

See

Told you guys don't time the market to buy cheap

Kpower renewable energy push is a must

Read this now https://www.abc.net.au/news/2021-08-01/impact-of-extreme-weather-events-on-american-cities/100319528

Posted by Bgt 9963 > 2021-08-03 21:21 |

Post removed.Why?

Posted by iHunter > 2021-08-04 08:27 | Report Abuse

Seems this counter is favourite by shorting communities starting today. The company unable to provide answer to Calvin Tan on all the doubts and you know what does it mean when take longer time to response.


Remember, you can always sell it now and buy it cheaper to make money like how traders like us do.

With political situation, very challenging to hold the current price.

We have been getting non stop order from our clients to sell off their stock for safety...

You guys really need to stay safe in stock starting today...

Posted by Bgt 9963 > 2021-08-04 08:46 |

Post removed.Why?

Posted by misk_72 > 2021-08-04 08:59 | Report Abuse

Buy target TP 0.84

Posted by roger3210 > 2021-08-04 09:35 |

Post removed.Why?

Posted by calvintaneng > 2021-08-04 10:34 | Report Abuse

Very good!

Smart strong hands taking over from weak hands

Just buy and hold through all the storms and turbulence and all will emerge safe, happy & wealthy!

Posted by dompeilee > 2021-08-04 14:44 | Report Abuse

Re-entered a long position in KPower @ 74.5c this morning