MALAKOFF CORPORATION BERHAD
KLSE (MYR): MALAKOF (5264)
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Last Price
0.765
Today's Change
-0.01 (1.29%)
Day's Change
0.755 - 0.775
Trading Volume
2,579,300
Analysis
Price Target
A price target is an analyst's projection of a share's future price.
Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.
Last Price
0.765
Avg Target Price
0.73
Upside/Downside
-0.035 (4.58%)Price Call
0
SELL
19
HOLD
35
BUY
| Date | Open Price | Target Price | Upside/Downside | Price Call | Firm | View | Action |
|---|
Discussions
9 people like this. Showing 50 of 6,749 comments
Malakoff inks deal to expand operation and maintenance services to Bangladesh
https://theedgemalaysia.com/node/709689
2 months ago
The sleeping utility giant woke up today and should report a decent profit for the latest quarter, cheers
1 month ago
TA SECURITIES (APRIL 22): Malakoff is expected to return to the black in 1QFY24 on the back of improvement in negative fuel margins. We forecast that the group will record a core profit of RM60 million-RM70 million in 1QFY24. Newcastle Coal prices have stabilised since June 2023, suggesting that the worst of negative fuel margins is over. The group currently offers an attractive dividend yield of 6.8% to 8.3% for FY24-FY26. Its 97.3%-owned Alam Flora Sdn Bhd is expected to continue contributing stable earnings for Malakoff.
https://theedgemalaysia.com/node/709902
1 month ago
Good news, IPP can sell electricity direct to customer start September.
https://www.lowyat.net/2024/323262/govt-ipp-electricity-consumers-sept/
1 month ago
SOLDDDD 80% of the Malakof I bought @ 70c in Apr '23 for 79.5c...after picking up 3 dividends !🤗
3 weeks ago
anyway to reach the IPO price at RM1.80 which i had bought for many years ago??
3 weeks ago
no need to wait till ipo price already. i believed you have received at least 50sen dividend in total since ipo. if price can reach 1.30 good enough to recover your cost already.
2 weeks ago
Independent power producer (IPP) Malakoff Corp Bhd is exploring combined-cycle gas turbine (CCGT) and solar photovoltaic (PV) plants in its Tanjung Bin site in Johor, to cater for electricity exports.
The group, which has 21% of generation capacity in Peninsular Malaysia, is “actively pursuing” a new CCGT project, it said in its 2023 annual report.
Malakoff has seen generation capacity declining in recent years following the expiry of power purchase agreements (PPAs), the latest being a 21-year PPA for the 640-megawatt (MW) GB3 gas-fired plant in Lumut, Perak in 2022.
Export opportunities abound led by Singapore, which is seeking to import up to 1,200MW of electricity by end-2027. Malaysia has expressed intention to participate, and lifted its renewable energy (RE) export ban to Singapore last year, although details of the mechanism have yet to be ironed out.
Malakoff’s effective thermal power generation capacity stood at 5,342MW, with RE capacity of 153MW, its annual report showed.
In Kukup, Johor, where Jalan Tanjung Bin is located, Malakoff owns 90% in the 2,100MW coal-fired Tanjung Bin power plant in Johor, the PPA of which expires in 2031. It also wholly owns the 1,000MW coal-fired Tanjung Bin Energy power plant that is contracted to operate until 2041.
Aside from looking for new CCGT capacity, Malakoff said it will continue to invest in expanding the proportion of its biomass co-fired project with coal.
2 weeks ago
Malakoff- The largest IPP in Malaysia
Power
Malakoff is the largest Independent Power Producer (“IPP”) with an effective generating capacity of 5,342 MW. Through Alam Flora Sdn. Bhd., Malakoff is also the country’s biggest environmental services company, managing solid waste volume of 5,548 tonnes per day.
Water
Malakoff’s international assets include power and water ventures in Saudi Arabia, Bahrain and Oman, with an effective power generation capacity of 588 MW and water desalination capacity of 472,975 m³/day.
2 weeks ago
share price movement and volume transacted like this way is definately good in nearby future
keep it upp
2 weeks ago
Consistent dividend, utilities related, good business and restuctured management.
If next qr show good and stable results... Then 😁😁😁😁
2 weeks ago
Could you figure out why KWAP bought in 3 million ++ shares @ RM 0.84 on 10 Jun 24?
Any good news not yet disclose to the public..
2 weeks ago
TA Sector Research
Author: sectoranalyst | Latest post: Thu, 13 Jun 2024, 10:42 AM
Malakoff Corporation Berhad - Awaiting Decision for Prai PPA Extension
Author: sectoranalyst
We left Malakoff Corporation Bhd’s (MALAKOF) virtual analyst briefing with the following key takeaways: i) The group is awaiting decision for Prai PPA extension;
ii) Third Party Access an opportunity for plants with expiring or expired PPA;
iii) Biomass co-firing progressing as planned.
We lower our profit contribution assumptions from associates and trim our FY24-FY26 earnings forecasts by 19%-21%. We roll forward our base year of valuation. Upgrade to BUY
2 weeks ago
Maybank issues call warrant cause they're betting against the stock, shorting it
2 weeks ago
If you buy the warrants from them, means you're betting against them, Thats why its so hard to make money from structured warrants in Malaysia. The odds are worse than gambling
2 weeks ago
I do believe that the Maybank analyst is wrong about Malakoff. Their company management is working super hard to turnaround the company. Semiconductor and chip industry needs a lot of water and power generation. YTL Power is overhyped and Malakoff is underhyped. Thats all
2 weeks ago
The problem with Malakoff is all their long term concession PPA expiring one by one. Meaning less revenue going forward. You can go to their website and have a look.
The most recent one which has already expired - Prai Power Plant. Segari power plant will expired by 2027 and Kapar power plant by 2029. All these are the core revenue for them with >350MW capacity and the CEO has admitted himself it is hard to replenish/replace this with any of the renewable energy like solar as it is with smaller MW.
https://www.bfm.my/podcast/morning-run/the-breakfast-grille/malakoff-banking-independent-power-producer-green-transition-netr
If they can't secure any deal from LSS5, then I don't see their revenue will grow.
2 weeks ago
PPA going to expire, any chance to renew/extension.. because plants are there and can be used again again esp in data centre theme where electricity consumption is expected to be high in nearby future..
2 weeks ago
Seems like Alam Flora is their profitable biz. With decarbonization, their coal plant is expected to retire by 2030 too
2 weeks ago
Tenaga coal plant itself still on going operation, why must malakoff plants must produce renewable energy..
2 weeks ago
tenaga siapa? malakoff siapa?
it is like compare Datuk Seri vs Encik in malaysia
2 weeks ago
Is it you imply those who are in high position can do whatever you can, including using unfair high ranking position to earn profit and those in low ranking has no choice and need to follow stringent law to make profit..
1 week ago
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
catalan
Hold for now.
Hopefully negative fuel margin resolved by this coming quarter.
And if they can get something out of LSS5, any package above 500MW is good for them ( only if they manage to get it ), else it is hopeless to hold this counter for long term.
https://www.thestar.com.my/business/business-news/2024/04/01/energy-commission-opens-bidding-for-lss5-programme
2 months ago