strong earnings growth and renewables energy growth potential. just wait for QR to come out that shows multiple fold increase in earnings, then price will correct drastically. buy now when cheap, then hold.
JJFinn Calvin: As for K power, what is the expected holding period and TP? Thank in advance. 14/09/2021 4:37 PM
JJFinn
In year 2019 Petronas Capex Rm30 Billion for Upstream OGSE started bull run for dayang, carimin, penergy, Uzma & others up from 100% to 500%
Last year was Medical Glove bull run
This year we see Tech, Steel/aluminium and to a smaller extend Palm oil
Since Cpo prices now very high -- Palm Oil bull run will continue into Year 2022
Now Peronas Next Capex will be in Clean energy, Solar power, hydro power & others for year 2022
So coming bull run will rotate to Solar Power, Hydro power & other clean green energy instead of fossil fuel
That means the Kpower will play a part. I suggest keeping till Petronas Roll Out of its Billions capex for Clean Energy then Kpower should also go up in a strong bull run
This will be a marathon race. Must have stamina. But since now so cheap can slowly collect
Dont fall into the trap, even people burn paper at ghost festival, promoter here will link to global warming and bright prospect for kpower because he is stuck badly. The truth is that game is over for all karim related stocks. You guys cant imagine the bottom
i think this is not yet severe downtrend..need to look at tf monthly and weekly as well..if serbadk maybe could be said as severe downtrend..my 2 cents..
downtrend is not simply defined as price which used to be high, now it's low then we simply call it downtrend.. there's a certain level, certain indicators need to be considered..and of coz need to consider for each tf..if it is below that certain level or certain indicators are showing it is downtrend, then it can be considered as downtrend..like serbadk, by TA, it looks downtrend..just sharing..feel free to disagree
continue to purchase on dip, acquired at 0.70, 0.705 today. when everyone is bearish on public forums, usually it's the strongest indication to buy for me. Tq.
thanks, i'm unfazed by short term volatility, it's just opportunity to accumulate more. to reiterate:
1) this company has a separate management and auditor from serba dinamik, and yet is being affected by serba's sentiment. irrational arbitrage
2) latest quarter revenue of RM138m, more than 4x higher than last year's same quarter RM32m. the growth potential of the renewables industry is fantastic and is the future.
3) the company has RM107m in cash, and recently sold a non-core student lodging for another RM7m, giving it a total cash of RM114m. the capital requirement for the 50MW solar project recently won is about RM40m or so, and can be financed with ample balance sheet cash.
4) the company has very low level of leverage, and is net cash at around RM70m.
5) latest quarterly PAT of RM14m, annualized RM56m vs current market cap of RM315m, translates to a P/E of around 5.5x. I do not know what other renewable companies with such fast earnings growth and strong balance sheet can be purchased at 5.5x.
and these are all the reasons why I'm still buying even if the share price is going down. it's not based on emotions or gut feeling, it's based on logic, reason and fundamentals.
Please check the revenue and profit before Karim was substantial shareholder. Just imagine what will happen if you minus Karim from Kpower. The management alone cannot do anything if there are no connections
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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....
Jenny
522 posts
Posted by Jenny > 2021-09-10 16:14 | Report Abuse
酱就不知道咯,我买在65sen。反正低买高卖,哈哈
不怕啦,市场不好。不然一早飞去90sen了
等下宣布0.025sen 股息啦