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Fame: 222
Solar Energy

Joined May 2020

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bruce, 很好的观察哦。。。没有想到这一点。
1 week · translate
谢谢 Tui 分享
之前cypark很有信心可以拿到LSS4。。。2020AR也写到macam yes可以拿到project....可是现在他们却不知道什么原因输。。。我对这一点有点小失望。。。当然它今年会有一些大project会完成。。我觉得两年内profits肯定会创新高。
1 week · translate
jackson我也有TG 在6.6, 都不敢 average down...无底洞的跌,看到都心痛
2 weeks · translate
oh...之前0.85的票我就不管了。。 这批打算放2到3年。。。 这个1.5 是短期的。。重新布局看能不能又有免费票 =p
2 weeks · translate
没哦。。。我还卡在1.50 哈哈 都下不到below 1.3 的
2 weeks · translate
各位,今天读到一个很有趣的article...总结了想分享给你们...

• The cost of producing electricity from solar power plants has been decreasing
• However due to Covid-19 , which disrupted global supply chains and a increase in demand for solar modules, this result the costs of solar projects increase
• Example, price on solar panel and cable increase (raw-material) & logistic
• So, can the LSS4 winner really makes profits from the low tariff bids?
• The answer: it depends
• When it comes to the cost of a solar farm, in terms of EPCC, it is pretty much the same across all the players. The only way to reduce the cost is from other variable costs, such as land and infrastructure.
• Hence you see ATK Development / MK Land Resources / Taiping Solar / Asiabina Properties etc – as these companies might have land in their book which are low cost
• So, is it a wise move for some company to give up LSS4 bid but only focus on EPCC contract instead?

**Cypark is currently offering its proven expertise in solar project development to the recently announced winners of the LSS4 tenders and target to secure some jobs from the
estimated RM3-4 four billions worth of EPCC work

Bid Price track record:
LSS1 – 39 cent
LSS2 – 33.98 cent
LSS3 – 17.78 cent
LSS4 – 17.68 cent

Reference:
https://www.theedgemarkets.com/article/cover-story-lss4-wins-fail-excite-investors
https://www.theedgemarkets.com/article/cover-story-lss4-awards-boon-or-bane-winners
https://www.theedgemarkets.com/article/cover-story-malaysia-still-needs-incentivise-solar-adoption
https://www.st.gov.my/contents/2021/LSS/Announcement%20of%20the%20Selected%20Shortlisted%20Bidders%20for%20LSS%40MEnTARI.pdf
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=213688&name=EA_FR_ATTACHMENTS
2 weeks · translate
FYE 2020 REVENUE
183m - Environmental engineering
20m - Landscaping and infrastructure
4m - Maintenance works
66m - Green tech and renewable energy



My estimation for FYE 2021 earning = around 380m to 400m (conservative)

250m - Environmental engineering
**According to AR2020, it is written - the delayed revenue is shifted away from FYE 2020 and consequentially will contribute higher revenue for FYE 2021
** pre-covid earning was around 261m
** their current on hand project is alot more than pre-covid period ( refer to contract assets)

25m - Landscaping and infrastructure
** pre-covid earning was around 34.4m

5m - Maintenance works

104.2m - Green tech and renewable energy
**LSS1 - assume COD @ june 2021 = (10m/12)*4 = 3.3m
**LSS2 - assume COD @ june 2021 = (25m/12)*4 = 8.3m
**WTE - assume COD @ june 2021 = (80m/12)*4 = 26.6m
Total = 38.2m + 66m (existing solar farm) = 104.2m
1 month · translate
even if cinemas are now operate in 100% capacity, there are no much movies to watch ...so don't expect the crowd yet.... have to wait next year ...

hopefully for FYE2021, their animal product's revenue can maintain strong
1 month · translate
rm1 very unlikely... in my opinion, I'm waiting the price to hit back around 50cent.... but this can only be achieved when the business revenue is back to pre covid period, thn only company has sufficient cash to once again declare dividend to the shareholder...

also, atleast 40 to 50% of they business income rely on food equipment from hypermarket and Cinema.... looking at cinema business, currently they are very badly impacted...and Malaysia Cinema rely 70% of the movie from Hollywood
1 month · translate
@Goeh, 哈哈哈我很support cypark的。它的股价上下都不会影响我啦。 看看能不能再买到便宜票咯
1 month · translate
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