Substantial share holders were happily disposing through out the year ! . Nowadays countries are shutting down coal plants already in operation and banks are no longer financing new coal plants.
Just do a DD and reflection of what the current Management did wrong after the approval of SH2 on Dec2020 until termination date on 1/7/2024. Answers are all written on the wall.
yeah, i believe they still can discuss to convert to Gas Power Plant as certain side preparation, study etc already done and Vietnam is in need of power. If drop below 80sen, i will bet again. I made good profit last time when i bought 70sen+
Best to invest in companies that develop and own renewable energy projects. Going forward more and bigger data centres are required as AI , particularly Generative AI are heavy consumers of data. These new data centres will need huge amount of energy and will only use energy from renewable sources. In fact if Malaysia were to build the planned data centres there will not like be enough renewable energy available.
Did Toyoventures acheived full financial close on June 28? According to a report in edgedaily https://theedgemalaysia.com/node/717583 ,they got the 60% financing from Vietnamese banks. Why did the Vietnam MOIT terminate the power plant? Did they do it so as not to breach the agreement on the US$15billion climate financing package with rich nations. https://theedgemalaysia.com/node/717583
If the financial deal with the vietnamese banks is signed and sealed,I foresee a settlement with the Vietnamese gov't. If no settlement is reached,I guess there will be lawsuit. If the financing deal is not signed and sealed,just merely stating where they are getting their financing from,then,i guess it is the end of the power plant project. A good excuse for the Vietnamese to terminate the project
Only the parties involved (Toyoventures,Exim Bank,Vietnamese banks and Vietnam MOIT) have the answers,the rest of us are just guessing.
Based on my QMDJ analysis, the cause of the project failure was due to some vicious people in creating trouble. It is now in a trap position. However, the trap should be overcome by this coming Thurs / Friday. My advice is to slowly accumulating while the price is low.
For those that actually took my info and do research and save yourself from the termination bloodbath. Congrats and thank you. Hope that Almighty repay me with blessing cus my only intention is to help people.
For the other that want my to hear out my suggestion. Go and look for the conglomerate blue chip. They going to get bigger and better investment than this Power Plant coming in soon. Bcause they are being execute by non-convicted director.
@StockChaser waaah, using bagua. Very good, after this can also include crystal ball in ur analysis as well. Stop luring the public in this rubbish.
I have never seen anyone in the market who would purposely and actively come out and "warn" people out of good fate if he/she has nothing to gain. Especially, creating a new account to comment for that specific counter.
Although I could not guarantee anything based on my QMDJ analysis, it has assisted me a lot of time in making good decision. Currently, the situation is under trapped position. Once it breaks free, it should head back North again. Hope it breaks free within this 2 days else will be months.
Not bearish anymore... straight up to bankruptcy...
My Bagua analysis seems 360 angle legal suit attack will reach Toyo, thats why need legal advice to prepare now. Ahahahaha, padan muka! Lets see, who going to initiate legal suit first to toyo......
Furthermore, Sunway Construction Group who is part of the party involved in the Toyoven's project is still charging ahead today. I believe there must be some good news going to release soon.
While it still worth something, compare to once the news break out again.... Anyways guys, good luck. Btw, if you keen to subsribe to my channel and shared thoughts and information backed by facts and not rumour. Can PM me.
SH2P is in the midst of finalising the syndicated financing facilities for the Project. If the management has no plan for it, they may already have terminated since 9th July. The project could potentially still move forward. I am prepared to accumulate more if price goes lower. What a rare opportunity!
Registration No. / Unique Entity Number: 202030084H issued by Accounting And Corporate Regulatory Authority IPOWER SOLUTION PTE. LTD. (the "Company") is a Exempt Private Company Limited by Shares, incorporated on 28 September 2020 (Monday) in Singapore . The address of the Company's registered office is at the SINGAPORE BUSINESS FEDERATION CENTER (SBF CENTER) building. The Company current operating status is live and has been operating for 4 years. This Company's principal activity is engineering design and consultancy services in energy management and clean energy systems with wholesale trade of a variety of goods without a dominant product as the secondary activity.
LUVMPO, your hearsay has been totally ruled out now. SH2P is in the midst of finalising the syndicated financing facilities for the Project. Till now still have not cancelled as the project is expected to proceed as planned.
KUALA LUMPUR (July 12): Toyo Ventures Holdings Bhd (KL:TOYOVEN) said that the US$980 million (RM4.58 billion) financing facility it secured from i-Power Solutions Pte Ltd for the Song Hau 2 thermal power plant project is no longer applicable.
As mentioned by management, Toyo Ventures emphasised that SH2P is still in the process of finalising syndicated financing facilities for the power plant project. As long the project is still not ended, the loan is still applicable.
Aiyak, On 28th June 24 said financial close achieved, now on 12th July said is still in the process of finalising syndicated financing facilities.... Twisted statement here and there..... Hello Mr Tham & Mr Chew (Executive) and other Board of Director (Non-Executive), you guys think playing black jack bluffing.... Stop misleading the public!!!
we have been following up this counter closely for months due to its high volatility which make interest to us for short term. But, with reference on Toyo's announcement and the Edge articles, if we are carefully read through on chronological on the Date, it led to us a misleading info by believing the syndicated financing facilities are being in the finalizing. We may ask how it could be in reality to finalizing a USD 2.42 billions financing with various Banks are being involved with.
There are limited down side if the project is concluded terminated by the management as all selling has been done already. In the event that the project is revived, the up swings is at least 2-3 times the current share price. Take your own calculated risk. I am a strong believer that the project is still on taking the cue that the management has still refused to conclude game over at this stage.
Hello..are you out of your mind. Inventory build-up, financing costs, stat-up costs, penalties for cancellation when project was confirmed has not been buffer in. As long as dust is not settle cannot buy. Do not catch a falling knife. Project revival is not possible as just cancelled by corrupted Vietnam government. So stay away or far far away from this counter for all investors if you do not want to catch a falling knife. You will be butchered !
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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....
NatsukoMishima
8,245 posts
Posted by NatsukoMishima > 2024-07-05 08:35 | Report Abuse
Triple limit down is coming !