Posted by YayorNay > 2021-03-15 14:08 | Report Abuse

"Trust in what you have invested, these naysayers are not here to help you. Once it's green, you won't even see a glimpse of them, but they will hound you with fear mongering once its red, how pathetic "

Posted by YayorNay > 2021-03-15 14:09 | Report Abuse

" The louder the noises are, you should be suspicious "

" There are no free lunches in the world. Believe in your own judgement."

Posted by StephenNg > 2021-03-15 14:09 | Report Abuse

Rhb should mention that the revised TP should be after adjustment of BI. What a joke

Posted by gemfinder > 2021-03-15 14:22 | Report Abuse

rhb oredi give face to u. up tp to 2.76 instead of maintain 2.16. now thepx oredi reflect all good news. run loh

Posted by leestar > 2021-03-15 14:30 | Report Abuse

StephenNg , possible can put the link, so that we able to access the information

Posted by SamChong > 2021-03-15 14:46 | Report Abuse

https://www.klsescreener.com/v2/news/view/802375

Posted by Novice296 > 2021-03-15 14:47 | Report Abuse

I see, thanks all for the inputs..

Posted by Novice296 > 2021-03-15 14:48 | Report Abuse

I'm going to buy more on SLvest, price hike towards end of the week, cheers

Posted by narly__ > 2021-03-15 14:52 | Report Abuse

novice296 are you sure?

Posted by Seanyew > 2021-03-15 14:55 | Report Abuse

Red red red... RM2.66

Posted by leestar > 2021-03-15 14:59 | Report Abuse

Can you give evidence RHB give new target is RM 2.76, can you put the link to prove, base on news, still no such official comment about this

Posted by leestar > 2021-03-15 15:00 | Report Abuse

Gemfinder, possible can tell us where u get the information.

Posted by Novice296 > 2021-03-15 15:06 | Report Abuse

narly, I have confidence in this acct

Posted by Novice296 > 2021-03-15 15:08 | Report Abuse

omg, it rise just before I manage to deposit money

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

Gemfinder , are u sure RHB come out with RM 2.76

Posted by 99newbie > 2021-03-15 15:35 | Report Abuse

Sometimes they want to buy cheap simply say make people throw

Posted by Tirara > 2021-03-15 15:39 | Report Abuse

Today no energy:(

Posted by LimitUP > 2021-03-15 15:42 | Report Abuse

everyday also got energy. nobody need to work lo.. :)

Posted by leestar > 2021-03-15 15:50 | Report Abuse

Gemfinder, i still waiting, if u don't know how to link, just tell us where u get the information,

Posted by gemfinder > 2021-03-15 15:51 | Report Abuse

wat link. rhb report ka? today rhb upgrade tp from 2.13 to 2.76 ma. oredi gave u face loh... if not lagi selldown ma

Posted by gemfinder > 2021-03-15 15:52 | Report Abuse

confirm la. rhb upgrade tp to 2.76

Posted by gemfinder > 2021-03-15 15:55 | Report Abuse

y i wan to tipu u leh?

Posted by leestar > 2021-03-15 15:56 | Report Abuse

Tell me where u get the information, what page,which net work or magazine,simple queation , i also want to read

Posted by gemfinder > 2021-03-15 15:57 | Report Abuse

15 March 2021 Clean Energy | Solar Power
Solarvest (SOLAR MK )
Big Win From LSS4; Stay NEUTRAL
Neutral (Maintained)
Target Price (Return): MYR2.75 (-2%)
Price: MYR2.81
Market Cap: USD288m
Avg Daily Turnover (MYR/USD) 24.9m/6.14m
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 48.7 (8.5) 35.1 116.2 246.9
Relative 49.4 (9.5) 39.2 108.8 233.1
52-wk Price low/high (MYR) 0.54 – 3.11
Source: Bloomberg
 NEUTRAL, new TP of MYR2.75 from MYR2.15, 2% downside.
Solarvest has won 50MW in solar assets from the large-scale solar (LSS4)
programme, and has the first right of refusal to an estimated MYR600m-
700m worth of engineering, procurement, construction and commissioning
(EPCC) jobs. This is above our estimate, and will provide the group with
abundant jobs over the next 2-3 years. While its outlook remains bright,
the stock’s market valuation of 37x fully-diluted (FD) FY23F (Mar) P/E has
priced in most of the positive news.
 LSS4 announcement. The Energy Commission shortlisted 20 winners for
Package P1 (plant capacity from 10MW to less than 30MW) and 10
winners for Package P2 (plant capacity of 30MW to 50MW) of the LSS4
programme. The tariff rate for Package P1 is higher than that of Package
P2, at MYR0.185-0.2481/kWh vs the latter’s MYR0.1768-0.1970/kWh.
 Won a total of 50MW solar assets. Solarvest, via its subsidiary Atlantic
Blue, has won three solar assets (totalling 50MW) under Package P1. The
solar assets will be in Perak and Selangor. We estimate that the total
capex is c.MYR150-180m, which could be funded via a 80:20 debt-toequity combination. Given its net cash position of MYR71m as of 9MFY21,
we believe it should be sufficient to fund this project for now. Project IRR
is c.8-9% and could contribute revenue of c.MYR20m and PAT of
c.MYR8m pa. Any significant earnings contribution is likely to come in
after FY23F.
 EPCC contracts to follow. While the EPCC contracts have yet to be
announced (likely to happen in the next 6-9 months), we understand that
Solarvest has the first right of refusal to a total of MYR600-700m worth of
EPCC jobs. This is because the company previously undertook the LSS4
design and consultation work for these clients. This is above our
expectation of MYR250m in LSS4 EPCC wins. As such, we raise our
FY22-23F earnings by 3.6-24.4%.
 We lift our TP to MYR2.75, after the positive forecast revisions due to
potentially bigger LSS4 EPCC job wins. We have also imputed the DCFderived valuation for the 50MW LSS4 solar assets, based on a WACC of
4.9%. Nevertheless, we maintain NEUTRAL on the stock, as we think
upsides from potential contract wins are reflected in its current market
valuation of 37x FY23F FD P/E. The current valuation premium is also
ahead of its regional peer average of 35x, given its strong growth
prospects.
 Key upside/downside risks to our call include higher/lower-thanexpected contract wins, and progress on its overseas ventures in Taiwan
and the Philippines.
Source: Company data, RHB
47
122
197
272
347
422
497
0.3
0.8
1.3
1.8
2.3
2.8
3.3
Mar-20
Apr-20
Apr-20
May-20
May-20
Jun-20
Jun-20
Jul-20
Jul-20
Aug-20
Aug-20
Sep-20
Oct-20
Oct-20
Nov-20
Nov-20
Dec-20
Dec-20
Jan-21
Jan-21
Feb-21
Mar-21
Solarvest Holdings Berhad (SOLAR MK )
Price Close
Relative to FTSE Bursa Malaysia KLCI Index (RHS)
Forecasts and Valuation Mar-19 Mar-20 Mar-21F Mar-22F Mar-23F
Total turnover (MYRm) 112 253 246 391 702
Recurring net profit (MYRm) 12 18 16 27 40
Recurring net profit growth (%) 45.3 51.0 (14.0) 70.7 52.4
Recurring P/E (x) 99.23 65.73 76.43 44.78 29.38
P/B (x) 37.5 14.7 9.1 7.5 6.0
P/CF (x) 116.44 134.75 74.96 65.42 34.31
Dividend Yield (%) na na 0.4 na na
EV/EBITDA (x) 75.49 51.83 48.17 29.11 18.96
Return on average equity (%) 42.6 27.8 14.7 18.4 22.8
Net debt to equity (%) net cash net cash net cash net cash net cash
Note:
Small cap stocks are defined as companies with a market
capitalization of less than USD1bn.
Overall ESG Score: 3.3 (out of 4)
E: Excellent
Solarvest is in the business of solar EPCC, where the
group promotes the usage of clean energy that will reduce
the global carbon footprint. In terms of operations, the
group properly disposes its waste to approved treatment
premises and disposal facilities.
S: Excellent
The group has in place an Occupational Safety, Health and
Environmental Policy that serves as a guideline in ensuring
proper health and safety standards are being applied in th

Posted by gemfinder > 2021-03-15 15:59 | Report Abuse

it is from rhb stockbroking la... y u so idiut?

Posted by gemfinder > 2021-03-15 15:59 | Report Abuse

beter chao la... dun wait longer ma

Posted by leestar > 2021-03-15 16:06 | Report Abuse

U chao only, take care yourself enough.

Posted by HT12 Ang > 2021-03-15 16:18 | Report Abuse

Someone is flushing this counter...

Posted by StephenNg > 2021-03-15 16:33 | Report Abuse

The sun will rise again...

Stephen never lies

Posted by TripleH > 2021-03-15 16:35 | Report Abuse

sell on news???????? Noooooooooooooooooooooooooooooooo

Posted by leestar > 2021-03-15 16:35 | Report Abuse

Ya

Posted by leestar > 2021-03-15 16:38 | Report Abuse

10 stockbroking firm will give 10 different target, get one , no need ho ha ho ha here, idiut.keep for yourself.

Posted by leestar > 2021-03-15 16:42 | Report Abuse

Ya, sun will rise,agreed

Posted by gemfinder > 2021-03-15 17:07 | Report Abuse

u wil burn all ur profit loh... the longer u wait... y so stuborn leh?

Posted by GetInCondo > 2021-03-15 17:10 | Report Abuse

135 continuous sell to end 1st day trading after lss4 news..wakakaka this counter

Posted by Bgt 9963 > 2021-03-15 17:10 |

Post removed.Why?

Posted by rocketstock > 2021-03-15 17:23 | Report Abuse

i guess many of the small traders took profit. Tomorrow we will see, going towards rm3.xx maybe this Friday?

Posted by StephenNg > 2021-03-15 18:07 | Report Abuse

Lets imagine this, if slvest close at 2.75 on BI ex date, it will adjust to 1.83 on BI listing day. That is too low for a counter with such positive prospect. I believe it will push higher than 3 this week.

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

Stephen never lies

Posted by Jingweihan > 2021-03-15 18:21 | Report Abuse

Above rm3

Posted by TheTruthHurt > 2021-03-15 18:45 | Report Abuse

Funny winning counter are losing and losing counters are gaining. Must be a practical joke.

Posted by rocketstock > 2021-03-15 18:52 | Report Abuse

Slvet won the most epcc bid, there is an announcement out

Posted by SHAH NURSYAHMIAIMAN NOOR JALAINI > 2021-03-15 19:08 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3138974

Posted by wmcccc > 2021-03-15 19:21 | Report Abuse

I have a question, ABSB owned Solarvest but Solarvest does not owned ABSB, their revenue is not take into account of Solarvest right? How is awarded LSS4 benefited Solarvest? Assume them have some collaborations?

Posted by rocketstock > 2021-03-15 19:54 | Report Abuse

From my understanding, absb is wholy owned subsidary of slvest

Posted by rocketstock > 2021-03-15 19:54 | Report Abuse

atlantic blue = slvest

Posted by gemfinder > 2021-03-15 19:58 | Report Abuse

Just run n move to other counters ma. No point staying here. All d goodies oredi out log. After bi ex wil waterfall ma

Posted by Seanyew > 2021-03-15 20:05 | Report Abuse

I think coming friday can get much lower price (somewhere RM2.20)

Posted by Jingweihan > 2021-03-15 20:49 | Report Abuse

Keep thinking

Posted by hakubasnow > 2021-03-15 20:58 | Report Abuse

I sold my remaining Solarvest (2.87) and warrants (1.86) today.
Was hoping it to breach RM3.00 with the LSS4 news. My average price at RM2.31 bought in December before the ex-date of the warrants.

What about the LSS4 ? Don't care about the LSS4. Just take a look at IRIS that got the RM1.16bil NIIS contract in late January. That was one big fat contract but what happens since then ?

Same goes for SCIB, SERBADK, JFTECH etc you can just go to https://www.malaysiastock.biz/Latest-Announcement.aspx and take a look at these companies' Latest Announcement. All the news about MOU, order books, deals and contracts. Most of them, the prices are even lower than after the ex-date.

Or you can just go to any of the companies above in i3 and you can read the same comments like what what you are reading here now. Try reading : https://klse.i3investor.com/servlets/forum/800000010.jsp?ftp=839

This was IRIS before the announcement of the RM1.16bil NIIS contract. Everybody expect it to hit limit up soon after. The price can't even break 50 sen since the announcement. Maybe Solarvest won't go the same road like IRIS, but at least I got my profit and have less thing to worry

Posted by Collin64 > 2021-03-15 21:16 | Report Abuse

Good advice, Hakubasnow. Thanks