Posted by fruitcake > 2021-12-02 19:27 | Report Abuse

https://www.theedgemarkets.com/article/samaiden-inks-maiden-20year-solar-ppa-sunway-nexis

Posted by mo1malaysia > 2021-12-06 14:42 | Report Abuse

Getting worst... MOU berlambak, but none can execute. Another king of MOU..

Posted by Kawelegen > 2021-12-09 12:22 | Report Abuse

Rebound what, may be new year rally will help us

Posted by durian1 > 2021-12-09 14:13 | Report Abuse

ooh

Posted by TreeTopView > 2021-12-18 09:41 | Report Abuse

“Chin Hin's decision to increase its shareholdings in Solarvest is due to Solarvest’s prominent future earnings prospect and strong outstanding order books in the solar energy business.

https://www.theedgemarkets.com/article/chin-hin-group-buys-solarvest-shares-sells-warrants

The two leading shareholders in Solarvest now hold 60.85% of the company.

Posted by mo1malaysia > 2021-12-20 15:02 | Report Abuse

Koyak...

Posted by TreeTopView > 2021-12-24 11:15 | Report Abuse

A new Rm87.5 million contract..

https://www.theedgemarkets.com/article/solarvest-secures-rm875-mil-epcc-contract-energy-es?type=malaysia

Posted by Rider > 2021-12-24 12:15 | Report Abuse

Very well. Congrats! But, as usual, no body got excited .

Posted by Rider > 2022-01-14 17:16 | Report Abuse

So cheap today that I couldn't resist not to buy some.

Posted by wsiang100 > 2022-01-15 23:30 | Report Abuse

it will be even cheaper in next week perhaps

Posted by klkk > 2022-01-19 09:49 | Report Abuse

Haiyah! The most disappointing stock!!!

Posted by Kawelegen > 2022-01-27 09:30 | Report Abuse

Any more contract to announce haha

Posted by klkk > 2022-02-15 16:06 | Report Abuse

Why is the price tumbled to this low!!!? A bad quarterly result coming or any other bad news that's due to happen?

Posted by Seanyew > 2022-02-15 21:33 | Report Abuse

Waiting for RM0.88

Posted by Wyko > 2022-02-16 23:56 | Report Abuse

why don't want to wait for RM0.80 then ??? maybe you can come back next year

Posted by wsiang100 > 2022-02-19 19:50 | Report Abuse

Lower coming. wait for more

Posted by Rider > 2022-02-21 10:26 | Report Abuse

I have been collecting every time I thought it was cheap, now I have decided to wait only at RM0.80. Hope to average down my cost.

Posted by adikhantamking > 2022-02-21 10:33 | Report Abuse

sean wyko , u treat investor is stu.pid like u

Posted by SCBABYSHOP19 > 2022-02-21 14:36 | Report Abuse

WA stuck omg

Posted by Togetherweearn > 2022-02-21 22:09 | Report Abuse

Sold solarvest few months and entered Pekat. Probably the best decision I ever made. Check out Pekat QR. Enter before it's too late.

Posted by RichieIsaac > 2022-02-22 10:51 | Report Abuse

Keep coming in new contracts but its price keep falling! Is the Smart Money accumulating and prepare for next coming bull?

Posted by Aries > 2022-02-22 11:40 | Report Abuse

As the oil price is so expensive. Solar energy should be a cheaper alternative, right?

Posted by newbie8080 > 2022-02-22 11:51 | Report Abuse

Raw materials that goes into solar panels are also surging due to supply chain disruption.

https://www.power-technology.com/features/solar-price-raw-material-costs-shortage-silver-polysilicon-aluminium-steel-copper/

Posted by Aries > 2022-02-22 14:47 | Report Abuse

Anyone know if there is any study done on the impact of the hike in raw material for Solar panel to the energy cost Vs the surge in the oil and LNG prices. Which will have a lower cost?

Posted by TreeTopView > 2022-02-22 15:44 | Report Abuse

Hi Aries, long time no chat, hope all's well with you.

Regarding solar companies and rising material costs, there are a couple of angles to view it from, IMO. I don't think there is any point in making comparisons with the current rising costs in fossil fuels as that debate would be nullified by the RE legislative requirements of "going green". Without committed government requirements I doubt if many RE projects would be even beyond the planning stage yet.

What might be an issue is the prices of components to manufacture solar panels, obviously leading to higher end product costs. This is where the conversation becomes tricky as we don't know the finer points of the contracts for these large scale solar projects and industrial/commercial projects. Clearly the CAPEX will rise if panels have become more expensive but I wouldn't be surprised if there were provisions for that in the contracts. If that wasn't the case then I'd assume some companies who were awarded those contracts might walk away and not commence the project if costs became unmanageable. On the other hand, they may consider the increased CAPEX might be partly recouped over the 21 to 23 year time frame contracts, as most of them are.

When it comes to domestic installations then clearly the upfront cost will increase for the buyer, so it's up to them to decide if it is a viable investment to install solar to their residence.

Posted by Seanyew > 2022-02-22 21:09 | Report Abuse

still waiting RM0.88

Posted by Aries > 2022-02-23 10:01 | Report Abuse

@TreeTopView, Good to see you around too.

Thanks for sharing your thought. Much appreciate it.
I have come across some reports which said that the price of the solar PV has dropped due to the increase in supply from China. Hence , just curious if the solar energy will help us to reduce our energy bills.

Posted by TreeTopView > 2022-02-23 11:47 | Report Abuse

Hi Aries, re your query of "just curious if the solar energy will help us to reduce our energy bills.". The very straight forward answer to that would be no, IMO.

As for residential properties with their own solar panels, the answer is yes. I haven't done any analysis on residential solar panels and cost savings for Malaysia, but I can assure you of the benefits to customers overseas.

The system is quite simple and effective. When the solar system is installed the customer also gets a new meter, enabling the customer to "sell" the excess energy they generate during the day and also draw power from the grid during solar downtimes (evenings).

Depending on the overseas government initiatives and incentives to purchase residential solar panels, the payback period is generally between 3 to 5 years to recoup the purchase price from the saved energy bills.

Posted by Aries > 2022-02-23 12:17 | Report Abuse

Since this will benefit us, then our government should give more incentives in order to encourage more people to adopt solar power for residential properties.

in long run, this will benefit us given that the upfront cost of installing a solar system will be paid back with saving in electricity bills.

Posted by TreeTopView > 2022-02-23 13:21 | Report Abuse

Agree 100%, Aries.
Apart from the obvious benefits, there are also offshoots such as employment growth in a quality industry and tax inputs for the government.

Posted by Rider > 2022-02-23 16:13 | Report Abuse

Is it really expecting a bad QR ?

Posted by wsiang100 > 2022-02-23 20:35 | Report Abuse

definitely not a good QR.

Posted by klkk > 2022-02-23 21:00 | Report Abuse

Quarterly result announced... Disappointing result.

Posted by adikhantamking > 2022-02-24 08:01 | Report Abuse

@ klkk Positive earning u also not happy
Apa lu mahu lagi

Posted by TreeTopView > 2022-02-24 08:56 | Report Abuse

Revenues and profit are heading in the right direction after being hammered by the 2021 MCO and lockdowns.

Qtr1 revenue: Rm22.75 Million.
Qtr2 revenue: Rm30.22 million.
Qtr3 revenue: Rm47.44 million.

I anticipate that the pre lockdown/MCO revenues of between Rm62 million to Rm70 million to occur within the next two quarters.

Posted by Aries > 2022-02-24 10:06 | Report Abuse

It is a decent results as Malaysia was just gradually opening up from lock down.

The Government has announced the extension of the Green Technology Tax Incentives until 2023 in Budget 2020 and introduced income tax exemption of up to 70% for a period of up to 10 years for companies which undertake solar leasing activities. Hope this will encourage more companies to go green and hence more businesses.

Posted by TreeTopView > 2022-02-24 10:31 | Report Abuse

This comment from the Solarvest quarterly is not stock specific but more of general information. It does put into context how significant the "RE Evolution" is and where solar stands as a major part of that growth.......

"The Ministry of Energy and Natural Resources has recently launched Malaysia Renewable Energy Roadmap (MyRER) for 2022 to 2035 to achieve the national aspiration of 31% renewable energy (RE)capacity by 2025 and 40% by 2035. The said MyRER is expected to generate an economic spillover of about RM 20 billion by 2025 and RM 33 billion by 2035 and create an estimated 47,000 employment opportunities in the renewable energy field."


As for solar energy's part in this energy transformation......

"The outlook for the solar photovoltaic (“PV”) industry in Malaysia remains optimistic and the Government is committed to support the growth of the PV solar industry, where renewable energy is targeted to
contribute 31% to the national capacity mix by 2025, with solar energy slated to become the dominant up to 80% of the renewable energy source in the system."

Posted by TreeTopView > 2022-02-24 10:47 | Report Abuse

To add to my previous post, being more stock specific, this is the current situation of the Solarvest order book.........

"To date, the Group has secured approximately RM418 million worth of engineering, procurement,construction and commission jobs under the LSS@MEnTARI programme. As at 31 December 2021, the unbilled order book stood at RM595 million which will be progressively recognised in FYE 2022 and FYE 2023. The Group remains upbeat on the industry outlook, underpinned by a robust job pipeline in private large-scale power plant, residential, commercial & industrial projects."

Posted by mokluhanj21 > 2022-02-25 11:29 | Report Abuse

When i bought, i just bought due to macro excitement
now i see the company's Cashflow position is bad
i have no appetite for this bHAHAHA
bye

Posted by mokluhanj21 > 2022-02-25 11:31 | Report Abuse

also, commodities are not helping the margins (and subsequent conversion to cashflow) on solar project. we dead :(

Posted by klkk > 2022-02-25 14:51 | Report Abuse

Same here.. I was attracted and excited over the constant broadcast of the company's huge potential of winning big contacts which they did. But everytime they won a contract the price drop and drop.. So sickening and so disappointing.

Posted by Seanyew > 2022-02-25 16:44 | Report Abuse

Solar is a future ….SLVEST is long term investment ?

Posted by Aries > 2022-02-25 16:51 | Report Abuse

Yes, it is.

Posted by ampabella > 2022-02-25 17:34 | Report Abuse

Slvest used to be 50cts or more than pekat, look like pekat is catching up, mana satu lebih baik, pekat or slvest... the choice is your atau dua dua pon hoot 9 eeeeereeeee

Posted by Rider > 2022-02-28 10:17 | Report Abuse

It's a disaster ..

Posted by kumapuma > 2022-02-28 13:08 | Report Abuse

Awaiting for a technical rebound very soon

Posted by wsiang100 > 2022-02-28 18:49 | Report Abuse

Rebound back n become new low very soon again

Posted by Seanyew > 2022-03-01 09:08 | Report Abuse

Amazing deal RM0.935

Posted by value8888 > 2022-03-01 15:31 | Report Abuse

When is the theme of green energy or solar come back

Posted by kumapuma > 2022-03-01 16:32 | Report Abuse

The lowest price to collect.. Cheap sales