Will meletop soon. This company is developing a no of hydro power projects and the government is encouraging the development off renewable energy sources. The company is in the right business at the right time. On top the, it has very little debts and has a relatively high cash reserve. It is currently trading at lower than net asset value of more than 40 sen.
i am more interested the hydro power project. Seen to be the main player of the small hydro in malaysia, ofcourse the Bus progress to be a extra bonus for company. While for long term small hydro still the main keys for company core business
Yes Gunung now had exited from supply of buses to Khidmat Negara Program as the program had been terminated. Gunung now concentrates on developing small hydros projects. Some projects have completed ready for commercial operation and more under construction and planning. Going forward the earnings very likely to be excellent. Buy and sell at your own risk though.
upper link ( Pages 23 ) shown the Gunung Capital just add in as Shariah Compliant stock . In order become a Shariah list its very difficult and many requirement too. Thus Gunung will be a bright star in future. Accumulated before the price is move.. Good luck everyone
In investing, you read about the past history only to know about the current state of the company but for investing you look to the future performance and possibilities . Gunung is one company that is transforming itself from land transport operator to a major player in green energy, small hydro projects developer and operator.
The Board of Directors of Gunung Capital Berhad (“Gunung” or “Company”) (“Board”) is pleased to announce that GPB Corporation Sdn Bhd (“GPB”), a wholly owned subsidiary of Gunung, had on 23rd December 2019, received a ‘Letter of Award’ from the Ministry of Defence for a Service-Contract with the value of up to RM44,230,560.
Details of the contract is summarised below :
PROVISION OF A SCHOOL TRANSPORTATION (BUS) SERVICE FOR THE CHILDREN OF THE ARMED FORCES PERSONNEL THROUGHOUT MALAYSIA (ZONE SOUTH, EAST, NORTH, SABAH
The more exiting and growing stable source of income will be from the development and operation of a no of small hydro projects, some of them are just being completed in construction and while others under construction. In addition more are being planned for future development. Renewable energy from hydro plants will overshadow and outlast the transportation business.
Under our small hydro portfolio there are 5 sites with an installed capacity of 34.25MW, at various stages of construction, and 4 sites with an installed capacity of 97.8MW, which will start construction in FY2019.
The ‘Kerian’ site with an installed capacity of 14MW, has been completed, and commissioned and is generating energy based on its TNB power purchase agreement.
The ‘Sungai Slim’ site with an installed capacity of 6 MW is also complete and commissioned and is generating energy based on its TNB power purchase agreement.
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....
88cash88
90 posts
Posted by 88cash88 > 2019-11-15 10:50 | Report Abuse
the volumes for mother shares was increasing.... Buy more and sit tight for rocket shooting ...good luck all