Posted by Johnmajor > 2020-02-10 17:13 | Report Abuse

All I can say is...someone is goreng-ing. By the way what ruby20 said is correct. And this make sense for ppl to goreng at this right timing. Share price going up because of hype but it has to justify with the actual worth.

Posted by LKF673007 > 2020-02-10 17:15 | Report Abuse

besok jawab apa pun tak tau pasal harga naik,after that sambung naik lagi

Posted by ruby20 > 2020-02-10 17:16 | Report Abuse

A couple of pointers why I say that Quarters ending in December 2019 is going to be damn good but it's a tough ask for Solarvest to repeat FY 2020 (March 19 - March 20) hence long term investor might want to look elsewhere...

In IPO prospectus, it's mentioned that as of March 2019, they have unbilled orderbook of RM 195m, out of which RM144m is from LSS2. (unfortunately i3 have no capacity to attach picture)

And then in end August 2019, unbilled orderbook increased to RM 200m out of which RM 60m of bills from LSS2 have been absorbed into the accounts in Quarter 2. This means, Solarvest gains RM 65m contract in the residential and commercial & industrial segment. This is good.

LSSPV 2 project is fully completed in 2019, hence most of RM 83m should flow into Q3 2020 report, which will come out this month. Revenue and profit QoQ will improve. I think they can achieve RM 120-130m revenue this quarter, and perhaps RM 6-9m profit.

But this is where it stops.

From Q4 onwards (Jan - Mar 2020) and beyond, there is NO MORE orderbook from LSS. It has to be fully subsidized by commercial & industrial sector. Granted, margin is alot better from this sector but they have to work hard to FILL THE GAP of the RM 145m LSSPV revenue they get from March - Dec 2019.

For FY 2020, maybe Solarvest can achieve RM 300m revenue and RM 25m profit, translating to RM 0.065 eps. That's PE of 18x based on today's price.

But for investment beyond FY 2020, the jury is still open. One thing for certain is they will definitely lose RM 145m or half of revenue achieved from LSS2 and about RM 10m in net profit. Can you attach a high PE for a company that has a questionable growth???

From their average contract sizes in commercial and residential (RM5m), they need to win at least 30 different industrial lots, and I can tell you... competition is just about to get harder.

A good stock to trade, not to invest. Just my 2 cents.

Posted by whkwoon > 2020-02-10 19:08 | Report Abuse

Next stock to watch PA Resources

Posted by kk7198 > 2020-02-10 21:58 | Report Abuse

PA Resources is a con man counter,better don't touch.

Posted by bigprice > 2020-02-11 09:21 | Report Abuse

Suspended for material announcements??

Posted by kk7198 > 2020-02-11 09:29 | Report Abuse

Hopefully, good news.

Posted by Bursa1575 > 2020-02-11 09:32 | Report Abuse

The Board of Directors of the Company wishes to announce that the Company had on 21 November 2019 entered into a Memorandum of Agreement (“MOA”) with Teo Seng Capital Berhad (“Teo Seng”) for the purpose of installation of the solar photovoltaic panel across farms and factories of Teo Seng and its group of companies which is located in the state of Johor, Malaysia.

Posted by Bursa1575 > 2020-02-11 09:33 | Report Abuse

The Company will be appointed as the Solar Strategic Partner for the installation of approximately 4,000 kilowatt peak rooftops solar projects for all sites of Teo Seng’s farms and factories located at Yong Peng, Johor. The Company will provide technical supports services in terms of engineering, procurement, construction and commissioning for the rooftops solar projects. 3.2 Teo Seng has allocated up to RM13.0 million for these rooftops solar projects. The final project details such as installation capacity, contract value and costs will be set out in the Engineering, Procurement and Construction Agreement (“EPC Agreement”) to be agreed between both Parties.

Posted by mmecky111 > 2020-02-11 09:36 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3022460

Posted by Bursa1575 > 2020-02-11 09:41 | Report Abuse

Play the game
Your gonna be the same
Your gonna change your name
Your gonna die in flames
Hahaha

Posted by thequalityguy > 2020-02-11 09:43 | Report Abuse

@ruby20, well thought out response. Thank you for th insight.

Posted by newbie128 > 2020-02-11 09:45 | Report Abuse

Ruby is on point. But as usual people buy on hype and future growth prospect. Still over valued imo.

Posted by wwg2 > 2020-02-11 09:48 | Report Abuse

Good newssssss.

Posted by Stockmasteryy > 2020-02-11 09:52 | Report Abuse

From my point of view solarvest has given the best explanation

Posted by beinvested > 2020-02-11 10:14 | Report Abuse

Harvesting of energy from the sun...installation of solar projects for the factories, farms..look to the skies, sky is the limit.

Posted by Primeinvestor > 2020-02-11 11:30 | Report Abuse

last chance to be on board for RM1.50

Posted by Foongsimmoon > 2020-02-11 11:41 | Report Abuse

May i know what price can buy in

Posted by myuptownboy > 2020-02-11 11:59 | Report Abuse

before it turn green again..

Posted by Primeinvestor > 2020-02-11 12:54 | Report Abuse

Ruby, i can tell you are an analyst, too bad, fy2021 and beyond will be super amazing for them, Contrary to what your forecast is, fy2022 and beyond solarvest has lss3/4/5 and regional projects, simple math more than rm50m profit in 3 years time, potential is one bil market cap

Posted by ruby20 > 2020-02-11 15:13 | Report Abuse

So there’s a contract win for Solarvest. But does this news justified recent rally? Because this news is not new. As a matter of fact, it’s old news, first reported in November by teoseng.

https://www.theedgemarkets.com/article/egg-producer-teo-seng-signs-moa-solarvest

Solarvest needs 10 of these size of deals this year to cover for their LSS 2 works.

If you see their social media page, you also can roughly see how much industrial / commercial projects they win over time. They seem to publish a lot (even those 500kw wins)

Primeinvestor I’m not an analyst, just someone that has been burned many times cos of greed and fomo and thus having more skeptical eye when it comes to Investing & take a different view on growth prospects. Alof of retailers jump in cos of hype and thinking this company can be the next penta the next greatec, but they need to understand the business and growth prospects. For Solarvest, beyond the next qr, everything is still up In the air cos they lose lss2 orderbook and don’t win anything from LSS3 (which I’m glad)

Again, I love what Solarvest is doing, it’s noble. They even can go to rm 1.50, quite sure there are gullible ones out there who will buy a lot more after their undoubted awesome qr 3 results. If ur time horizon is short and a trader, by all means this stock stock is on crazy uptrend. Go for it. But if u think this stock can prosper in the next few years, Jury is still open.

Posted by bigprice > 2020-02-11 15:55 | Report Abuse

Today close green. Poised to go up.

Posted by bigprice > 2020-02-11 15:56 | Report Abuse

Some 1 pushing up.

Posted by kk7198 > 2020-02-11 16:04 | Report Abuse

@zul, Solarvest ada kilang solar panel dan memasang panel.Vsolar apa apa solar pun tak ada...ladang solar pun tak ada...memang con counter.

Posted by ALI IDRIS > 2020-02-11 18:06 | Report Abuse

Solarvest up, company says investors' interest due to CEO's Bursa session

Posted by Kim33 > 2020-02-11 19:42 | Report Abuse

So tomorrow will uptrend?

Posted by Primeinvestor > 2020-02-11 22:56 | Report Abuse

how can you call them gullible, why dont you wait for latest order book end of this month? without LSS3 they are getting almost RM200m order book already, what if they get LSS3? Alot of possibilities, and there are NEM scheme out there and there are just alot of incentives for commercial players to go for solar energy ( tax incentive and cost savings), solarvest is the only listed player who can benefit from this, it deserves a premium..

thanks for your long essay, but you must think a little bit further dude

Posted by Carpophorus > 2020-02-12 08:29 | Report Abuse

Our govt's Renewable Energy use target is 20%, up from previous govt's 17% .... ambitious target but doable and necessary. And players in this RE sector has their work cut out for them. It seems that our RE penetration rate right now is only 2%! I may be wrong on the figures but definitely lots of potential for those companies involved in this RE sector.

Posted by Yu_and_Mee > 2020-02-12 09:00 | Report Abuse

if limit up then sure designated.

Posted by Christopher Chin > 2020-02-12 11:04 | Report Abuse

Engine start.. Hopefully will keep going. Yesterday panic sellers regret

Posted by bigprice > 2020-02-12 11:32 | Report Abuse

Momentum strong. Uptrend

Posted by mmecky111 > 2020-02-13 10:41 | Report Abuse

@zul, yes. And why are you even here then?

Posted by Yu_and_Mee > 2020-02-14 08:53 | Report Abuse

betul, zul. tengok profit margin dia tu, susah banyak nak untung cantik

Posted by kk7198 > 2020-02-14 09:57 | Report Abuse

zul ialah abang sindiket untuk counters vsolar, pa, fintech, dps, dll.

Posted by mozart2000 > 2020-02-14 15:48 | Report Abuse

reaching 1.25

Posted by BullRun_93 > 2020-02-14 15:52 | Report Abuse

something is brewing :)

Posted by zul > 2020-02-14 16:04 | Report Abuse

di malaysia kurang project bikin ,Solarvest ialah pasang solar panel hanya sama Vsolar

Posted by dxbman > 2020-02-14 16:12 | Report Abuse

Strong buy

Posted by BullRun_93 > 2020-02-14 16:17 | Report Abuse

@Yu_and_Mee
hey! you are here too.....LOL

Posted by BullRun_93 > 2020-02-14 16:20 | Report Abuse

@dxbman
strong BYE or strong BUY?? lol

Posted by flexibt > 2020-02-14 16:34 | Report Abuse

Overseas expansion ? Over Ambitious.. Not easy to enter Vietnam and Philippines energy market.

Local Market? Too competitive as well.


UMA 2.0

Posted by kk7198 > 2020-02-14 18:02 | Report Abuse

Who cares in what market they want to go in , when there is $ for our pockets.In short, we can't compete with China.

Posted by fakhri > 2020-02-14 18:37 | Report Abuse

Teoseng project

Posted by BullRun_93 > 2020-02-14 22:30 | Report Abuse

frankly solar business is a highly risky business

Posted by dxbman > 2020-02-14 22:58 | Report Abuse

@Bullrun It's a buy call & Im still holding with 5 figure paper profit :)

Posted by kk7198 > 2020-02-15 06:03 | Report Abuse

Hold a bit longer, it becomes 6 figure paper profit?

Posted by BullRun_93 > 2020-02-15 07:24 | Report Abuse

@dxbman
congrats....u got it from IPO?? i've sold all my UWC recently for a total 50 grand profit and looking around for next 5 figure profit now :)

Posted by Chang Wt > 2020-02-15 12:29 | Report Abuse

[SOLARVEST] Part 2 - Another UWC and Greatech in the making?
https://klse.i3investor.com/blogs/changwt/2020-02-15-story-h1483822246-_SOLARVEST_Part_2_Another_UWC_and_Greatech_in_the_making.jsp

Posted by dxbman > 2020-02-15 13:02 | Report Abuse

@Bullrun, Nope just bought recently. I also made some money from UWC but not as much.

Posted by dxbman > 2020-02-15 13:09 | Report Abuse

@kk7198, Hope so. Slvest uptrend is still very strong as they always push towards the close. Those wanting to buy should do so in the morning on dips