Re-commissioning of the Group's power plants as well as sustainability and profitability of the power plants in the future (cont'd.) As for Libaran Plant, the commencement of the operations is expected to take place upon obtaining the approvals from the relevant authorities. The Libaran Plant is expected to remain relevant in the industry due to the demand of installed capacity for the East Coast remaining a priority to enable less dependency on the supply of electricity from the West Coast of Sabah. At this juncture, Stratavest Sdn. Bhd. (STV) and Sabah Electricity Sdn. Bhd. are in the process of finalizing the terms and conditions in the new Power Purchase Agreement for the extension of operations of the Libaran Plant. The Libaran Plant is expected to recommence its operations in the second quarter of year 2021
PPs price confirmed at16cts in view of NTA 74cts and price maintained at 16 cts for the past week...warrant a better buy than mother for better% appreciation....
For infor. Libaran capacity 60 MW is triple the capacity of Sungai Kenerong power plant which can contribute significantly to Eden profit.It will definitely draw investors attention.
Yes warrant can total loss and is already at lowest. So pegang warrant has a chance for big windfall rather selling for small amount. Its no more risk but high gain
155 million Warrants against 403 million Mother shares.....which One is more cornered and if U check their BODs & cronies shareholding and the relationship with PN & GPS....Eden is a good buy at the moment..
For information recap, yes. to recommission the Libaran Power Plant of cos is good thing. But of cos we need to take note this Libaran Power Plant is powered by Diesel, the cost is not neglectable. At one time the diesel cost is high, i remember the tariff supply to TNB Sabah cannot cover their diesel cost. So good and bad ya.
To answer your question whether assets impairments will be written back, possible also. But whether will bring impact since it is non-cash item, the answer is wont bring physical impact.
Thats why in earlier sharing i always try not to take this recommissioning as very important due to the technology they are using. I dont think too many banks now welcoming non-renewable power plant/supplier financing unlike old days.
Ttree thanks for your comment It’s very factual I think the pp is also preparation for the financing of recommissioning Libaran which cannot be announced in the pp details due not confirmed yet
27055825 I think PP purpose just to increase the share base only lah. For the recommissioning Libaran, the only critical is permission by Sabah Electricity Development Authority (SEDA) and Federal Level. The working capital i dont think will be very significant, based on the power plant asset and the renewed concession, bank is more happy to pledge your asset and give you working capital. Dont think need to dilute controlling interest shares to get fund for sub-grade profitability business segment.
But one thing for sure, even current shareholders or third party shareholders also think that current share price of the company is low then only they will willing to buy mah. THis is good sign lah.
But anyhow, whether share price move or not it is very critical.
We must very becareful to take a balance between the potential opportunity chance and the political implication. Must be very closely monitor, my opinion is we must hit and run. Cannot use the same old strategy hold and wait. Very dangerous.
I wil definiltey join in full force when the share price move.
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....
27055825
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Posted by 27055825 > 2021-06-04 15:12 | Report Abuse
Value 4 $$ No one buy from you cos wants you stay invested so that next week when limit up you can potong lol