Posted by klkk > 2021-03-12 18:46 | Report Abuse

In a statement Feb 18, the earthworks and civil engineering outfit said Advancecon Solar had inked a Memorandum of Understanding (MoU) to engage Solarvest Energy Sdn Bhd (Solarvest) as exclusive Engineering, Procurement, Construction and Commissioning (EPCC) services contractor for solar renewable energy projects in Malaysia under the commercial and industrial category.

Posted by klkk > 2021-03-12 18:47 | Report Abuse

So, Stephen never lies...

Posted by TreeTopView > 2021-03-12 18:49 | Report Abuse

Solarvest secured 3 bids under their own subsidiary, Atlantic Blue, totalling 50MW.
Reported about 30 minutes ago on Te Edge Online.....got it from my Edge app.

Posted by leestar > 2021-03-12 18:50 | Report Abuse

Thanks

Posted by TreeTopView > 2021-03-12 18:52 | Report Abuse

Advancecom Holdings got a contract for 26MW.

Posted by TreeTopView > 2021-03-12 18:55 | Report Abuse

Under the listed companies that got contracts, I didn't see Cypark or Samaiden names there.

Tenaga and JAKS got 50MW each

Posted by Anyway5890 > 2021-03-12 18:56 | Report Abuse

Please hold tight everyone, the price is not enough for you to sell on news yet

Posted by rocketstock > 2021-03-12 19:06 | Report Abuse

Monday LIMIT up ?

Posted by ccs999 > 2021-03-12 19:12 | Report Abuse

Got project got wa got bonus, apa lagi lu mau, haha

Posted by jjasonlim > 2021-03-12 19:15 | Report Abuse

monday sell on news

Posted by rocketstock > 2021-03-12 19:24 | Report Abuse

Ccs999 , going to mainboard in 2nd half year

Posted by Atlan > 2021-03-12 19:41 | Report Abuse

Sorry to those who encourage people to run from solarvest. Monday shoot as the contract value is around RM200 million. Congratulatiion Slvest.

Posted by beinvested > 2021-03-12 19:47 | Report Abuse

Three bids by Solarvest Holdings Bhd via Atlantic Blue Sdn Bhd totalling 50MW

Posted by leestar > 2021-03-12 20:01 | Report Abuse

StephenNg, after the contract announcement, what your estimate for solarves?

Posted by bgt9963 > 2021-03-12 20:25 | Report Abuse

Monday will goreng all green energy stocks...hoot9e...!

Posted by WarrantKaki > 2021-03-12 20:52 | Report Abuse

Congratz those who hold!!!

Posted by GetInCondo > 2021-03-12 20:56 | Report Abuse

now buy mother or buy son?

Posted by anzhsb > 2021-03-12 21:15 | Report Abuse

for who encourage people to run if not too late ...

I have 46,000 shares ... average price about 2.20
I feel very happy .
after you run .. please stayaway and dont come back anymore
bye !

Posted by GoGoBuy > 2021-03-12 21:54 | Report Abuse

https://www.st.gov.my/en//contents/files/highlights/2021-03-12/1615540014.pdf
https://www.theedgemarkets.com/article/these-listed-companies-win-bid-lss4-project

Posted by HuatAh8809 > 2021-03-12 23:51 | Report Abuse

Looks like monday will limit up easily

Posted by rocketstock > 2021-03-13 09:46 | Report Abuse

Monday opening will be at least 2.9
i guess SLVEST has more than just 50MW, not sure about others like samaiden

Posted by gemfinder > 2021-03-13 09:50 | Report Abuse

Rhb said watever good news even lss4 oredi priced in for slvest

Posted by Atlan > 2021-03-13 09:56 | Report Abuse

Rhb simply said as it does not have any slvest share. Monday rally.

Posted by rocketstock > 2021-03-13 10:29 | Report Abuse

gemfinder where is that article?

Posted by rocketstock > 2021-03-13 10:31 | Report Abuse

who doesn't want the bonus issue of slvest now? don't forget that slvest is moving to mainboard in 2nd half year, even contra players would like to buy in and sell on ex date to get the bonus share

Posted by Bgt 9963 > 2021-03-13 10:50 |

Post removed.Why?

Posted by StephenNg > 2021-03-13 11:52 | Report Abuse

I did my research and spoke to some people in the industry. It seems that I have lied about Slvest being able to get 250MW of LSS EPCC contracts. The correct figure is somewhere between 300MW-350MW. This is HUGE ! We are talking about close to RM 1b in project value. This will secure Slvest future earnings for 2 years !

If you ask me about the TP for next week, I would say Slvest would be able to break RM 4 conservatively. We will be seeing a mad rush of buying on Monday. Limit up is definitely possible!
Those who sold yesterday are definitely crying now. But, its not too late to board the SolarRocket.

Hold to enjoy higher gains, Sell and regret, Buy and rejoice !!

Stephen Never Lies

Posted by Willy888 > 2021-03-13 12:00 | Report Abuse

@roketstock..that article is few weeks back when the price was 2.80 or so. Then it shot to 3.30 and later dropped to 2.18.almost reached Rhb target. So the report is outdated

Posted by ccs999 > 2021-03-13 12:18 | Report Abuse

Bro Stephen Ng, in other word, still got more lss4 package result to announce next week? Thx.

Posted by StephenNg > 2021-03-13 12:32 | Report Abuse

Hi ccs999, EPCC contracts should be announced in the coming months after developers like Advanceon have finalized the EPCC price with Slvest. The upcoming months would be exciting. RM5 after BI, by year end should not be a problem :D I personally will be holding on to it all the way!

Honestly, who reads RHB report ???

Posted by gemfinder > 2021-03-13 12:39 | Report Abuse

Rhb said all good news is priced in. I wil shated the report.

Posted by gemfinder > 2021-03-13 12:45 | Report Abuse

4 March 2021 Clean Energy | Solar Power
Solarvest (SOLAR MK)
All Eyes On Upcoming LSS4 Award; NEUTRAL
Neutral (Maintained)
Target Price (Return): MYR2.15 (-10%)
Price: MYR2.39
Market Cap: USD249m
Avg Daily Turnover (MYR/USD) 25.2m/6.30m
Analysts
Loo Tungwye
+603 9280 8683
loo.tungwye@rhbgroup.com
Lee Meng Horng
+603 9280 8866
lee.meng.horng@rhbgroup.com
Share Performance (%)
YTD 1m 3m 6m 12m
Absolute 26.5 (19.5) 32.8 97.5 113.4
Relative 30.0 (18.7) 36.4 93.9 107.2
52-wk Price low/high (MYR) 0.54 – 3.11
Source: Bloomberg
 NEUTRAL, unchanged TP of MYR2.15 implies 10% downside. We
emerged from Solarvest’s results briefing feeling somewhat positive on its
prospects. The LSS@MEnTARI (LSS4) award could be out in early March,
which may provide abundant solar engineering, procurement, construction
and commissioning (EPCC) jobs for the industry. While the outlook remains
bright, we believe that its 39x fully-diluted (FD) FY23F (Mar) P/E has priced
in expectations of a major EPCC contract win from LSS4.
 3QFY21 results recap. The commercial and industrial (C&I) segment
remains strong, as the group secured MYR186.9m (+31% YoY) of new
orders in 9MFY21. Its total outstanding orders are currently valued at
MYR197.5m, of which 98.5% is from C&I contracts. 3QFY21 core profit
jumped 12.0% QoQ, on the increase in EPCC revenue (+12.4%). After the
easing of movement restrictions, EPCC works on existing projects
progressed faster in 3QFY21.
 LSS@MEnTARI award could be out soon. Solarvest has submitted bids
for 1,000MW in EPCC projects, and targets to win c.200-300MW (total
contract value of c.MYR500-600m). As for asset ownership, the group has
submitted a total of 50MW solar assets. As a 50MW LSS4 solar plant owner,
it could potentially book additional profits of c.MYR8m pa. However,
earnings contributions from the solar asset may only kick in from FY24
onwards.
 Overseas expansion update. In Taiwan, the group is aiming to win solar
EPCC contracts and own a solar asset. Currently, Solarvest is working
together with its Taiwan partner and hopes to see some news flow by 3Q21.
Management shared that the group is targeting c.90MW of EPCC projects,
and aims to own a 40MW solar asset. Assuming the group and its partner
(50% stake) wins 90MW in EPCC works, we estimate that earnings could
increase by c.MYR3-5m pa in FY22-23F. Nevertheless, we have yet to
impute any contribution from this into our forecast as details remain scarce.
 No changes to earnings forecasts and TP. We make no change to our
NEUTRAL call, as Solarvest’s current P/E of 39x FD FY23F already prices
in the expectation of major (100-200MW) LSS4 EPCC contract wins. While
the valuation is slightly above the global regional peer average of 35x, we
note that our earnings forecasts and TP only assumes c.100MW of LSS4
EPCC project wins. Our FY23F earnings could be revised upwards by
another 23%, should the group win its targeted 200MW of EPCC works –
which has been partially factored into its current valuation, in our opinion.
 Key upside risks to our call include higher-than-expected contract wins
and positive developments from its overseas venture in Taiwan and the
Philippines. The converse of these circumstances would present downside
risks.
Source: Company data, RHB
43
85
126
168
210
251
293
0.3
0.8
1.3
1.8
2.3
2.8
3.3
Mar-20
Mar-20
Apr-20
Apr-20
May-20
May-20
Jun-20
Jun-20
Jul-20
Jul-20
Aug-20
Sep-20
Sep-20
Oct-20
Oct-20
Nov-20
Nov-20
Dec-20
Dec-20
Jan-21
Feb-21
Feb-21
Solarvest Holdings Berhad (SOLAR MK )
Price Close
Relative to FTSE Bursa Malaysia KLCI Index (RHS)
Forecasts and Valuation Mar-19

Posted by Bgt 9963 > 2021-03-13 12:47 |

Post removed.Why?

Posted by gemfinder > 2021-03-13 12:49 | Report Abuse

Oredi too high. I even all sold laio. Anyone want exposure to silar, pls switxh to kpower

Posted by StephenNg > 2021-03-13 12:50 | Report Abuse

Thank you for selling, gemfinder

Posted by leestar > 2021-03-13 13:31 | Report Abuse

Gemfinder, Thank for selling, please don't buy back again

Posted by gemfinder > 2021-03-13 13:37 | Report Abuse

Beter switch to kpower la

Posted by beinvested > 2021-03-13 13:43 | Report Abuse

Take Dlady (RM36.50 only) as an example, the issued shares stand at 64 M units.

Its NTA is only RM2.60 so, why the shares are priced at RM36.50 each.
The PE is 31.84 despite the EPS is 114.62 (It takes almost 32 years of dividend earnings to have the capital back. Profitable companies is a must but if there saturated with billions of issued shares, then you will find the disadvantage for the premium/good price of the shares.

Comparing to the gloves making companies, making even more profits than DLady, the glaring difference is the quantity of issued shares. I am sure you know how to avoid those huge amount of issued shares.

Slvest - i bought. Thanks.

Posted by Bgt 9963 > 2021-03-13 14:01 |

Post removed.Why?

Posted by kimsui7364 > 2021-03-13 16:02 | Report Abuse

Now KPower mostly share hold on retailer hand, institution and local fund are ran away from this counter...pls take notes.

Posted by StephenNg > 2021-03-13 18:06 | Report Abuse

"we note that our earnings forecasts and TP only assumes c.100MW of LSS4
EPCC project wins".... Well, the tides have change now that Slvest is in the money for 300MW+.
Lets see if RHB writes another report on this next week.

Posted by rocketstock > 2021-03-13 18:59 | Report Abuse

wow StephenNg
many people assume slvest only wont 50mW total

Posted by Seanyew > 2021-03-13 22:12 | Report Abuse

300MW ?

Posted by JABMun > 2021-03-13 22:52 | Report Abuse

Stephen, I just want to thank you as I have been quietly reading your posts and taking positions on Solarvest in the weeks before. While initially it was only the corporate exercises and growth prospects that attracted me, it seems that my investments have paid off and in the next phase, we are going to see Solarvest EXPLODE EXPONENTIALLY. By building and owning a 50MW Solar plant, Solarvest will be create a stable and continuous revenue stream. Secondly, with all the indications that Solarvest will be having over 300MW of EPCC contracts in the pipeline over the next 2 years, it seems all price estimates to date have been too conservative. From what I heard, the 300MW is AC capacity and in Solar terms, the actual construction capacity is actually going to be 1.4 - 1.5 times more. So we are actually looking at 420-450MWp? Isn't that more than a RM1,000,000,000 in revenue?

Posted by SamChong > 2021-03-13 23:02 | Report Abuse

Guys...my source said is going to be 1000MW EPCC project. And slvest still bidding for the taiwan rooftop and utility scale project. Will announce before mid year.

Posted by GetInCondo > 2021-03-14 09:26 | Report Abuse

now Solarvest has won lss4 tender but here talk like already have won all remaining tender in year 2021 hahaha

Posted by gemfinder > 2021-03-14 09:27 | Report Abuse

Rhb oredi said all good news priced in. Beter run before sharks run. Dun b d last to run. Tis counter highly manipulated

Posted by Atlan > 2021-03-14 09:47 | Report Abuse

After so many explainations by all our slvest fans, in summary, tomorrow will be happy day for shareholders.

Posted by stockraider > 2021-03-14 09:48 | Report Abuse

When come to recovery play insas will be the best mah...!!

Its Nta is rm 2.83 per share loh!

Its intrinsic value when inclusive of inari mark to market gain exceed rm 5.00 per share mah...!!

Insas has a net cash exceeding Rm 0.90 per share woh!

When comes to earnings based on half year result insas profits is already rm 148m or eps 22.2 sen loh!

It is anticipated insas can hit eps of 40 sen per share giving pe of 2.1x mah!!

Thus insas is a stock which have both strong earnings of eps of 40 sen & back up with strong intrinsic share value of exceeding Rm 5.00 per share compare with the huge discounted share price of rm 0.875 per share loh!

Thus INSAS IS A SCREAMING BUY loh which u should not missed mah!

JUST jump in b4 too late loh!

The opportunity is now when insas is still wonderfully undervalue mah..!!

The 1st step u must find out got:

1. Got margin of safety factor
2. Got strong Balance sheet factor
3. Got big cash factor
4. Got reasonable div factor
5. Positive earnings factor

That means got 'R 'factor can buy or sailang loh...!!

Insas hathaway is the best ' R ' factor stock 2021.

Don missed this opportunity loh

Posted by JABMun > 2021-03-14 10:35 | Report Abuse

gemfinder, don't be sour grapes just because you've sold and try to discourage the investors who have foresight from reaping their well deserved gains. Or are you scheming to press down the price for re-entry? Gonna be tough, now that the news is out. Now trying to push Kpower just because you got in there? 50MW vs 300+MW, I'm sure the rest of the i3'ers know their math.