Take opportunity to accumulate for at least mid term as the price is almost at the bottom. The fundamental is still solid even during this pandemic (2020&2021)!
Ranhill has a new steam turbine for one of their powerplant which has PPA until 2029… are they going to extend the PPA? If not, the new steam turbine will be a waste, right?
wrote something on how 12MP benefiting Ranhill, perhaps the next article I will share on how the latest budget 2022 benefits Ranhill, lemme do some study on it..
However, Dr Brahmana said if the connectivity is solved, there were several sectors Sabah and Sarawak could stand to benefit from — clean energy supply, niche tourism, and fast moving consumer goods (FMCG), if they can penetrate the market.
“Sarawak can take advantage of Kalimantan's heightened demand for energy, in particular clean energy to replace fossil fuels, which the region is known for.
“Jokowi plans to shift the fossil fuel energy to clean energy like Sarawak has in Bakun. So, there is an opportunity for Malaysia, especially Sarawak, to introduce the hydro energy. Instead of pushing and trolling with fossil fuel, Malaysia can offer clean energy,” he said.
With the special mention and initiatives made for water utilities industries under 12MP, water sector definitely posted a bright prospect and Ranhill is definitely one of the key beneficiary of it.
Look at their net profit drop every year recently n sbb is for share dividend no more cash in future ! Very high debt is a big problem ! Tariff very difficult to increase within these 3 to 5 years because rakyat very susah by pandemic , just like TNB will continue give discount !
The counter need some patience before you get a fruitful result. I'm still very positive about this counter as further down is limited. Hope Green Energy & Indonesia business venture will give positive result.
yea i guess patience is the key for this counter, as I heard they are also going to offer their water management and NRW expertise to other state other than where they are now.
Wow very attractive price at almost 5 years lowest price ! 0.565 buy for their economy moat , future tariff hike n RE project , just for long term share dividend but no more cash dividend ! Long term value investors only !
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....
Investeye
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Posted by Investeye > 2021-10-28 09:35 | Report Abuse
Take opportunity to accumulate for at least mid term as the price is almost at the bottom. The fundamental is still solid even during this pandemic (2020&2021)!