it is just not acceptable that there are still places in Malaysia facing power outage, for goodness sake the country can afford to increase solar power usage and distribution!!!
if follow PE 10 and last eps at 2.22 cent, the fair value should be RM0.88. Current value is still cheap. Overall net value is RM 1.15 per share (total asset - total liabilities/share) if the company close down. So buy more or sell more, u decide.
be patient, this is not a goreng counter. The current price is totally undervalue. i believe TS management is capable to overcome the growth in short term.
KUALA LUMPUR: Mudajaya Group Bhd’s unit, Mudajaya Corp Bhd, has accepted the letter of offer from Energy Commission to undertake the development of a large-scale 49MW solar photovoltaic plant at Kuala Kangsar, Perak, for RM270mil.
In a filing with Bursa Malaysia, the company said the award was expected to be finalised by February 2017.
“The construction period for the project (in Sungai Siput) is 18 months from the finalisation of the award and it is expected to contribute positively to the earnings of the group for the financial year ending 2018 onwards,” it added. - Bernama
* See also "TNB to develop solar PV plant in Selangor" (click here) and "Malakoff, DRB-Hicom unit to operate 50MW power plant" (click here)
TS's competitor? good for TS? renewable energy demand increase? hence new company to cover the supply? looking fwd for good discussion for TS future.
finally the government has announced some 4 PV plants but they should really correct their statements for large-scale as 50 MWs are really tiny scale, still a lot more room for growth...
just like the internet speed when Malaysia was talking about 14.4kb/s not so long ago, at that same time countries of similar size were using 1Mbps and 10Mbps... it is just unbelievable slow in Malaysia
support at 60cents from technical chart, worth only 60cents or lower actually base on last qr. if you look at the growth of debt and reduce of profit, it actually already making negative 3 million. coming qr if no improvement, mire drop to come.
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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....
Tai KT
1,419 posts
Posted by Tai KT > 2016-12-16 19:55 | Report Abuse
simple talk accord to my view, shaking to South. weak rebound, long term still in down trend. unless next week more green happen.