SOLARVEST HOLDINGS BERHAD

KLSE (MYR): SLVEST (0215)

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Last Price

1.60

Today's Change

0.00 (0.00%)

Day's Change

1.59 - 1.61

Trading Volume

2,273,300


6 people like this.

4,838 comment(s). Last comment by anson8222 4 days ago

Peace99

2,264 posts

Posted by Peace99 > 2020-06-09 13:51 | Report Abuse

Thanks for the reassuring update!

Tiger66

1,902 posts

Posted by Tiger66 > 2020-06-09 16:55 | Report Abuse

be careful lol better run

Willy888

138 posts

Posted by Willy888 > 2020-06-09 18:44 | Report Abuse

Tomorrow up. 1.50 no problem. Good news coming. See yourself tomorrow.

Willy888

138 posts

Posted by Willy888 > 2020-06-09 18:45 | Report Abuse

QR end of month.

Posted by Wawai Samah > 2020-06-10 09:13 | Report Abuse

Gogogo

Bursa1575

918 posts

Posted by Bursa1575 > 2020-06-10 09:15 | Report Abuse

paper profits @150%

Bursa1575

918 posts

Posted by Bursa1575 > 2020-06-10 16:38 | Report Abuse

Congratulations to all who's believe in Solarvest... today mark new high new history.... more money in the bank

Posted by Desmond Nah > 2020-06-10 16:42 | Report Abuse

Tks for the profits

painz99

4 posts

Posted by painz99 > 2020-06-10 17:06 | Report Abuse

Nice prediction from willy888. any info more?

Willy888

138 posts

Posted by Willy888 > 2020-06-10 17:44 | Report Abuse

What I told you? Next week gonna be better

Posted by coconutmilkshake15 > 2020-06-10 18:11 | Report Abuse

may i know why willy?

soros228

2,039 posts

Posted by soros228 > 2020-06-10 18:23 | Report Abuse

More to cone

Willy888

138 posts

Posted by Willy888 > 2020-06-10 19:53 | Report Abuse

Nothing big news. Rhb evaluation was 1.50 sens. QR end of month same as last quarter. I will sell at 1.70. Big contracts done.

Willy888

138 posts

Posted by Willy888 > 2020-06-10 19:54 | Report Abuse

But power well down after QR so be careful if you are trader

reborn23

14 posts

Posted by reborn23 > 2020-06-11 10:48 | Report Abuse

anyone tp 2? or is it just me?

Posted by HairyMan > 2020-06-12 22:49 | Report Abuse

Up up and away.

Bursa1575

918 posts

Posted by Bursa1575 > 2020-06-15 08:05 | Report Abuse

It's time to play the game
Time to play the game! Hahaha
It's all about the game and how you play it.
All about control and if you can take it.
All about your debt and if you can pay it.
It's all about pain and who's gonna make it.
I am the game, you don't want to play me.
I am control, no way you can change me.
I am heavy debt, no way you can pay me.
I am the pain and I know you can't take me.
Look over your shoulder, ready to run.
Like a good little bitch, from a smokin gun.
I am the game and I make the rules.
So move on out here and die like a fool.
Try to figure out what my move's gonna be.
Come on over sucker, why don't you ask me?
Don't you forget that the price you can pay
Cause I am the game and I want to play
It's time to play the game, hahaha
Time to play the game!

Bursa1575

918 posts

Posted by Bursa1575 > 2020-06-15 17:27 | Report Abuse

at last.... Solarvest still maintain... stand green at red sea.

Bursa1575

918 posts

Posted by Bursa1575 > 2020-06-16 09:42 | Report Abuse

we should go to 1.68 is the point of the game cycle.

Diego2020

458 posts

Posted by Diego2020 > 2020-06-16 10:53 | Report Abuse

break resistance!! hurry up!!... fly fly to the moooooonnnn!

Rakuten88

170 posts

Posted by Rakuten88 > 2020-06-16 15:02 | Report Abuse

Tp 2 not an issue.. Slowly and surely

WY Chan

1,378 posts

Posted by WY Chan > 2020-06-17 17:34 | Report Abuse

SLOW.....

Willy888

138 posts

Posted by Willy888 > 2020-06-24 18:35 | Report Abuse

Coming soon

WY Chan

1,378 posts

Posted by WY Chan > 2020-06-25 15:04 | Report Abuse

does not look good....

GTdyno

124 posts

Posted by GTdyno > 2020-06-25 14:25 | Report Abuse

All counter went down today.. not to worry

Willy888

138 posts

Posted by Willy888 > 46 minutes ago | Report Abuse

Next week

Bursa1575

918 posts

Posted by Bursa1575 > 2020-11-27 14:43 | Report Abuse

KUALA LUMPUR (June 26): Integrated builder Chin Hin Group Bhd has disposed of five million shares in Solarvest Holdings Bhd it held for RM7.04 million or RM1.70 per share, the group said in a bourse filing today.

The shares were sold to Chin Hin’s director and major shareholder Datuk Seri Chiau Beng Teik via an off-market transaction today. Solarvest shares closed the day at RM1.53 per unit.

“The rationale of the disposal is for Chin Hin to unlock and realise its investment in Solarvest. The proceeds from the disposal will be utilised to reduce Chin Hin group’s bank borrowings and strengthen its balance sheet,” it said.

Following this, Chin Hin’s shareholding in Solarvest now stands at 106.31 million shares, representing a 27.21% stake in the latter, from 111.31million shares or 28.49% previously.

The total proceeds will be utilised for the repayment of the group’s subsidiary PP Chin Hin Sdn Bhd’s two bankers’ acceptances totalling RM8.5 million. This will result in total interest savings of RM119,534, it said.

Chin Hin shares closed the day unchanged at 64.5 sen apiece, with 454,000 units done. The group’s market capitalisation stood at RM352.56 million.

MichelleNg

1,031 posts

Posted by MichelleNg > 2020-06-26 22:35 | Report Abuse

Clear all stock for solarvest already. Waiting below 60cents to buy back

CoolJay

831 posts

Posted by CoolJay > 2020-06-26 22:37 | Report Abuse

Lol 60 cents.. you wait next big meltdown then bah

sosfinance

1,305 posts

Posted by sosfinance > 2020-06-29 11:32 | Report Abuse

Slvest owns 1MW (if I am not mistaken) and also do EPCC for solar. Market cap of Slvest is RM609m vs OCK only RM537m with 11MW (also can do EPCC for solar) + 4,200 telco towers. Slvest has good operators.

Rakuten88

170 posts

Posted by Rakuten88 > 2020-07-01 14:26 | Report Abuse

Guys few new contracts on the line... Add and wait for announcement

Diego2020

458 posts

Posted by Diego2020 > 2020-07-01 14:28 | Report Abuse

buy buy buy

nestor

411 posts

Posted by nestor > 2020-07-01 14:34 | Report Abuse

no power also. Hard to push.

Shashe

105 posts

Posted by Shashe > 2020-07-01 16:22 | Report Abuse

Tomorrow will fly

vivoviva

775 posts

Posted by vivoviva > 2020-07-01 17:10 | Report Abuse

Fly to Holland? haha. Prior to annoucment RM1.59. Post announcement RM1.52. must be cilakak annoucment. Wakaka

Posted by pahlawanmerah > 2020-07-01 17:12 | Report Abuse

hahaaha. wait la bro. need the push. by next quarter rm 2

Diego2020

458 posts

Posted by Diego2020 > 2020-07-01 19:04 | Report Abuse

Collecting time...

WY Chan

1,378 posts

Posted by WY Chan > 2020-07-02 08:30 | Report Abuse

wakakaka... collecting or discharging...no one will know....

WY Chan

1,378 posts

Posted by WY Chan > 2020-07-03 14:54 | Report Abuse

yawn.... zzzzzzzz

Posted by Greenhammer > 2020-07-05 02:02 | Report Abuse

Chase the ikan bilis out

WY Chan

1,378 posts

Posted by WY Chan > 2020-07-07 12:32 | Report Abuse

potong stim liao... all goreng glove counter

Bursa1575

918 posts

Posted by Bursa1575 > 2020-07-07 15:38 | Report Abuse

KUALA LUMPUR: Bank Negara Malaysia's monetary policy committee has cut the overnight policy rate (OPR) rate by 25 basis points to 1.75%

It said on Tuesday the ceiling and floor rates of the corridor of the OPR are correspondingly reduced to 2% and 1.50%, respectively.

Most economists had expected a cut in the OPR by 25 basis points to 1.75% at the meeting.

With the 25bp reduction in the OPR on Tuesday, Bank Negara has cut it by 125 basis points over the past four meetings.

At 1.75%, this was the lowest in records dating back to 2004, according to 14 of the 25 economists surveyed by Bloomberg. Four had predicted a 50 basis-point reduction and the rest see no change.

For the full year 2020, the World Bank forecasts the Malaysian economy to decline by 3.1% after expecting its GDP to contract by about 10% in 2Q.

The International Monetary Fund (IMF), on the other hand, also downgraded its 2020 GDP growth forecast for Malaysia to negative 3.8%.

WY Chan

1,378 posts

Posted by WY Chan > 2020-07-09 08:43 | Report Abuse

lately tiap tiap hari hujan......

xuxu

5,860 posts

Posted by xuxu > 2020-07-10 15:37 | Report Abuse

masuk musim sejuk

imvu

7,888 posts

Posted by imvu > 2020-07-11 19:12 | Report Abuse

start minggu depan naik balik :)

Posted by alexwc87 > 2020-07-11 21:18 | Report Abuse

masuk freezer

Bursa1575

918 posts

Posted by Bursa1575 > 2020-07-11 22:03 | Report Abuse

THE last decade of the 20th century was certainly a boom time for the Malaysian economy. The country recorded GDP growth of above 8% for nine years, starting from 1988.

It was also a time when almost everybody talked about the stock market, exchanging investment tips and making phone calls to their remisiers to buy or sell shares.

In the 1990s, the Malaysian stock market was one of the largest in Asia ex-Japan, with the FBM KLCI surging 43% over the decade.

Retail participation was consistently above 40%. In years such as 1996, 1999 and 2000, the market was even dominated by retail investors, whose participation rate stood at 54%, 59% and 54% respectively, according to CLSA.

The strong rally, which started in the early 1990s, hit a peak of 1,313.35 points on Jan 4, 1994, during the so-called super bull run.

Buying frenzy was easily triggered by rumours of a new timber concession or acquisitions. Within a year, timber company Lingui Developments Bhd rose from 60 sen to an all-time high of RM9.60 in early 1994. Jaya Tiasa Holdings Bhd also hit a record high of RM15.43 in mid-1997.

Other speculative counters were Aokam Perdana Bhd, Idris Hydraulics (M) Bhd, CASH Bhd and North Borneo Timber Bhd.

The mania continued with the Second Board boom in 1996 and 1997, just before the Asian financial crisis, which saw the local key index — the Kuala Lumpur Composite Index — plunge to a low of 262.70 points on Sept 1, 1998.

Biscuit maker Hwa Tai Industries Bhd was one of the high flyers during the bull run. Its share price soared to over RM100. Last Thursday, it closed at a mere 27 sen.

Auto, timber and number forecasting group Repco Holdings Bhd’s share price climbed to a high of RM140.50 in September 1997 before collapsing to RM2.98 less than a year later.

The group, helmed by executive chairman Low Thiam Hock, defaulted on its loans and in April 1999, special administrators were appointed. Its shares were suspended in 2000 and it was delisted three years later.

Other companies that were trading at crazy valuations included PWE Industries Bhd (now known as Pansar Bhd), Sin Heng Chan (Malaya) Bhd and Zaiton Bhd (delisted in August 2003).

Note that in 2009, the Main and Second Boards were merged into a single unified board called the Main Market. Meanwhile, the Mesdaq Market was transformed into the ACE Market.

Meanwhile, in the late 1990s, the dotcom bubble emerged as the internet was taking off, leading to the overvaluation of many technology and internet companies. The bubble finally burst in March 2000 after many companies failed to generate good earnings amid stratospheric valuations.

Pong Teng Siew, retired head of research at Inter-Pacific Securities, believes retail investors nowadays are more sophisticated and pay attention to companies’ fundamentals. “In the 1990s, stock trading was not based on the actual information and announcements. A lot of it was based on rumours. At that time, we only had half-yearly results, but now we have quarterly results, which help to guide investors as to what makes a good company.”

Areca Capital Sdn Bhd CEO Danny Wong says retail investors’ interests are very different now. “During the 1990s, the trading value was very small, but the volume was very high — that means retailers went into penny stocks. But this time around, it is different; investors are buying glove, healthcare, technology and banking stocks. They are not just looking at penny stocks, but also looking into holding certain [fundamentally strong] stocks.”

He adds that today, the market is more mature and investors’ interests are protected by the regulators.

Bursa1575

918 posts

Posted by Bursa1575 > 2020-07-11 22:08 | Report Abuse

Cover Story: Reminders of the super bull run* This article first appeared in The Edge Malaysia Weekly, on June 29, 2020

Stockiss

700 posts

Posted by Stockiss > 2020-07-12 08:01 | Report Abuse

The crux of the article is reminding in a super bullish market, be prepared for a sudden down fall especially in time of economic uncertainty. This is already happening where you can see most funds are flooding to glove, health, medical & technology counters related to Covid-19, especially 2nd wave already reported in most world top countries, US, Europe, Russia, India & Brazil & several countries like Australia went back to lockdown.

There is no doubt that demand will continue to surge for those industries, but more salient question is where is safer and rewarding for their funds to be.

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