KLSE (MYR): CYPARK (5184)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.885
Today's Change
0.00 (0.00%)
Day's Change
0.88 - 0.905
Trading Volume
8,189,900
Financial Year 2020
Financial Year | Annual Audited Account | Annual Report | View | |
---|---|---|---|---|
Ann. Date | Ann. Date |
### Combined Analysis of Cypark Resources Berhad
**Debt Levels & Financial Health**:
Cypark's debt is significantly high, with RM1.49 billion in liabilities and RM1.33 billion in net debt as of April 2024. The company’s cash reserves are only RM153.2 million, and its receivables cover part of the liabilities, leaving a deficit of RM638.5 million. This poses a significant risk, particularly given the company's declining revenue (down 12%) and negative EBIT of RM19 million.
**Profitability Concerns**:
Cypark has not produced positive earnings, and with negative free cash flow of RM249 million, there is concern about its ability to meet obligations without diluting shareholder value. The absence of meaningful earnings makes it reliant on external financing, increasing vulnerability.
**Conclusion**:
Cypark's financial situation is precarious. Its heavy debt burden, coupled with shrinking revenue and losses, suggests that investors should be cautious. Without operational improvements, the company may face significant challenges in stabilizing its balance sheet.
2024-08-21 11:00
Hopefully we are on track with new CFO coming from renewable energy background
2 months ago
Chairman hinting something. be prepared :) i am speculating, do not quote me**
Looking ahead, we are excited about the development of the TPA, which will open new market opportunities for IPPs and expand their customer base. We plan to build strategic partnerships, particularly in the data centre space, to attract customers who value renewable energy.
https://www.datacenterdynamics.com/en/news/malaysias-jakel-invests-in-pidc-for-51mw-cyberjaya-data-center/
2 months ago
This is an important milestone as TPA would allow RE companies to deal directly with potential investors and customers
2 months ago
Is renewable energy will sufficient for data centers ? Data Centers cannot afford to have downtime ya..
2 months ago
BESS would be part of the implementation scope to ensure stable power supply and peak demand management as per current practice in the worldwide arena
https://www.bernama.com/tv/news.php?id=2335666
2 months ago
no matter what, end of the day, cypark needs to clean its balance sheet first ....
2 months ago
Transition to green energy
https://www.malaymail.com/news/malaysia/2024/10/09/energy-shift-no-new-coal-power-plants-to-be-built-in-malaysia-says-dpm-fadillah/153079
1 month ago
It definitely looks like the GTP in Melaka has a bright future! and CYPARK going to be part of this =)
The project to set up a GTP in Melaka is likely to succeed because there are already 3 German companies operating there, with plans to invest RM3.6 billion soon. Additionally, 3 more companies are expected to invest RM400 million. This shows strong interest from German businesses, making the project promising.
1 month ago
Great news. German semiconductor giant Infineon Technologies is also there. Clean energy is the way to go. Thumbs up
1 month ago
Cypark is an early and leading player in green energy. Those early players have higher returns in green energy projects when there were less competitors in the space.
1 month ago
Now cypark 80.5 at least 20 percents return.U see after 10 sept it rebound from 62 cents low.
25/10/24 12.12am
Cypark 68 cents
After 10 sept 24 then consider
26 August 2024 1.10am
4 weeks ago
Im done.80 cents plus.
Let see,how the retracement look like.higher low or lower low.
Midnight also write.
25/10/24 9.56am
4 weeks ago
5184 CYPARK, CYPARK RESOURCES BERHAD - +
MATERIAL LITIGATION
30 Oct 2024, 07:00
MATERIAL LITIGATION
MATERIAL LITIGATION
CYPARK RESOURCES BERHAD ANNOUNCES SETTLEMENT AGREEMENT WITH KNM PROCESS SYSTEMS
SDN. BHD.
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
N202410303000471EN
2 weeks ago
Cypark's floating solar farm in Kelantan gets nod for operations https://theedgemalaysia.com/node/734198 (Share from StockHunter)
1 week ago
questionmark
deputy ceo resign, company in trouble?
2024-08-09 23:04