CYPARK (5184) S

CYPARK RESOURCES BERHAD Summary

1.280

0.000 (0.00%)

Category : Industrial Products & Services - Main Market
High 1.280
Low 1.280
Volume -
Volume (B/S) 8,000 / 5,100
Price Bid/Ask 1.270 / 1.290
   
52w 0.790 - 1.670
ROE 6.85
P/E 9
EPS 14.45
DPS 0
DY 0.00%
 
NTA 2.1100
PTBV 0.61
RPS 59.00
PSR 2
Market Cap 628.3M
Shares (mil) 490.86
RSI(14) Neutral 38.1
Stochastic(14) Oversold 7.1
Average Volume 7,221,500
Relative Volume 0.2

EPS DPS NTA Revenue P/L Quarter Q Date Financial Year Announced Net% Report
2.64 0.000 2.1100 76,479k 14,983k 1 2021-01-31 31 Oct, 2021 2021-03-31 3% View
4.58 0.000 2.0100 81,686k 21,304k 4 2020-10-31 31 Oct, 2020 2020-12-31 45.2% View
3.47 0.000 1.7500 55,685k 16,148k 3 2020-07-31 31 Oct, 2020 2020-09-30 19.5% View
3.97 0.000 1.7100 75,753k 18,504k 2 2020-04-30 31 Oct, 2020 2020-06-26 4.3% View
3.11 0.000 1.6600 90,876k 14,549k 1 2020-01-31 31 Oct, 2020 2020-03-18 11.8% View
8.44 0.000 1.6200 99,697k 38,871k 4 2019-10-31 31 Oct, 2019 2019-12-30 23.3% View
4.38 0.000 1.5100 87,173k 20,060k 3 2019-07-31 31 Oct, 2019 2019-09-30 4.4% View
4.24 0.000 1.5100 101,430k 19,344k 2 2019-04-30 31 Oct, 2019 2019-06-28 3.2% View
3.50 0.000 1.4700 88,439k 13,008k 1 2019-01-31 31 Oct, 2019 2019-03-29 6.1% View
7.38 0.000 2.1600 79,656k 20,183k 4 2018-10-31 31 Oct, 2018 2018-12-31 11.2% View
7.26 0.000 2.0900 75,129k 19,215k 3 2018-07-31 31 Oct, 2018 2018-09-28 16.4% View
7.18 0.000 2.0600 99,076k 18,748k 2 2018-04-30 31 Oct, 2018 2018-06-29 61.5% View
4.69 0.000 1.9900 84,025k 12,258k 1 2018-01-31 31 Oct, 2018 2018-03-30 8.1% View
7.09 0.000 1.9400 64,180k 18,155k 4 2017-10-31 31 Oct, 2017 2017-12-29 40.4% View
5.76 0.000 1.8700 75,096k 16,504k 3 2017-07-31 31 Oct, 2017 2017-09-29 24.1% View
4.59 0.000 1.8500 83,925k 11,607k 2 2017-04-30 31 Oct, 2017 2017-06-30 24% View
4.48 0.000 1.7900 78,484k 11,338k 1 2017-01-31 31 Oct, 2017 2017-03-30 11.1% View
4.75 0.000 1.7400 67,599k 11,901k 4 2016-10-31 31 Oct, 2016 2016-12-30 45.3% View
5.34 0.000 1.6900 70,167k 13,303k 3 2016-07-31 31 Oct, 2016 2016-09-30 8.6% View
6.14 0.000 1.6800 76,371k 15,266k 2 2016-04-30 31 Oct, 2016 2016-06-30 4.9% View
4.11 0.000 1.6200 68,791k 10,209k 1 2016-01-31 31 Oct, 2016 2016-03-31 19.6% View
3.89 0.000 1.5800 55,740k 8,167k 4 2015-10-31 31 Oct, 2015 2015-12-31 27.3% View
6.09 0.000 1.5700 61,444k 12,245k 3 2015-07-31 31 Oct, 2015 2015-09-30 0.8% View
7.31 0.000 1.5700 72,952k 14,546k 2 2015-04-30 31 Oct, 2015 2015-06-30 6.6% View
4.34 0.000 1.5000 59,922k 8,536k 1 2015-01-31 31 Oct, 2015 2015-03-31 10.4% View
3.48 0.000 1.4500 50,042k 6,416k 4 2014-10-31 31 Oct, 2014 2014-12-31 28.2% View
6.70 0.000 1.3700 66,581k 12,145k 3 2014-07-31 31 Oct, 2014 2014-09-29 23.1% View
7.60 0.000 1.3500 68,917k 13,649k 2 2014-04-30 31 Oct, 2014 2014-06-30 29.6% View
4.32 0.000 1.2700 51,464k 7,732k 1 2014-01-31 31 Oct, 2014 2014-03-28 17.2% View
4.42 0.000 1.2100 53,199k 7,281k 4 2013-10-31 31 Oct, 2013 2013-12-31 44.6% View
6.13 0.000 1.1600 53,687k 9,862k 3 2013-07-31 31 Oct, 2013 2013-09-30 53.2% View
6.58 0.000 1.0600 59,239k 10,530k 2 2013-04-30 31 Oct, 2013 2013-06-28 35.2% View
4.13 0.000 1.0000 50,971k 6,599k 1 2013-01-31 31 Oct, 2013 2013-03-29 1.4% View
3.22 0.000 0.9800 56,120k 4,963k 4 2012-10-31 31 Oct, 2012 2012-12-31 105.3% View
4.18 0.000 0.9500 53,836k 6,438k 3 2012-07-31 31 Oct, 2012 2012-09-28 26.3% -
5.05 0.000 0.9200 43,602k 7,790k 2 2012-04-30 31 Oct, 2012 2012-06-29 25.2% -
4.49 0.000 0.7700 42,267k 6,513k 1 2012-01-31 31 Oct, 2012 2012-03-29 0.6% -
3.00 0.000 0.7300 42,407k 4,115k 4 2011-10-31 31 Oct, 2011 2011-12-30 21.6% -
4.00 0.000 0.7000 35,220k 5,096k 3 2011-07-31 31 Oct, 2011 2011-09-29 3.9% -
4.00 0.000 0.6900 40,978k 6,222k 2 2011-04-30 31 Oct, 2011 2011-06-28 0% -
5.00 0.000 0.6500 42,608k 6,551k 1 2011-01-31 31 Oct, 2011 2011-03-28 0% -
4.00 2.620 0.6000 36,312k 5,384k 4 2010-10-31 31 Oct, 2010 2010-12-30 0% -
6.00 0.000 0.6500 44,437k 4,907k 3 2010-07-31 31 Oct, 2010 2010-10-12 0% -

Financial Year Revenue ('000) Net ('000) EPS Report
31 Oct, 2021 76,479 14,983 2.64
31 Oct, 2020 304,000 70,505 15.13 View
31 Oct, 2019 376,739 91,283 20.56 View
31 Oct, 2018 337,886 70,404 26.51 View
31 Oct, 2017 301,685 57,604 21.92 View
31 Oct, 2016 282,928 50,679 20.34 View
31 Oct, 2015 250,058 43,494 21.63 View
31 Oct, 2014 237,004 39,942 22.10 View
31 Oct, 2013 217,096 34,272 21.26 View
31 Oct, 2012 195,825 25,704 16.94 View
31 Oct, 2011 161,213 21,984 16.00 View
31 Oct, 2010 80,749 10,291 10.00 View

Announced Financial Year Subject EX Date Payment Date Amount Indicator
14 May 2019 31 Oct 2018 Final Dividend (with Dividend Re-Investment Plan) 30 May 2019 28 Jun 2019 0.0390 Currency View
29 Apr 2019 31 Oct 2018 Final Dividend 30 May 2019 28 Jun 2019 0.0390 Currency View
14 May 2018 31 Oct 2017 Final Dividend (with Dividend Re-Investment Plan) 25 May 2018 28 Jun 2018 0.0560 Currency View
05 May 2017 31 Oct 2016 Final Dividend (with Dividend Re-Investment Plan) 19 May 2017 22 Jun 2017 0.0520 Currency View
29 Apr 2016 31 Oct 2015 Final Dividend 13 May 2016 14 Jun 2016 0.0500 Currency View
27 Mar 2015 31 Oct 2014 Final Dividend 18 May 2015 19 Jun 2015 0.0500 Currency View
28 Mar 2014 31 Oct 2013 Final Dividend 16 May 2014 19 Jun 2014 0.0500 Currency View
25 Mar 2013 31 Oct 2012 Final Dividend 10 May 2013 13 Jun 2013 0.0400 Currency View
29 Mar 2012 31 Oct 2011 First and Final Dividend 14 May 2012 15 Jun 2012 0.0375 Currency View
04 Apr 2011 31 Oct 2010 First and Final Dividend 12 May 2011 15 Jun 2011 5.2500 Percentage View

Announced EX Date Subject Ratio
30 Nov 2018 18 Dec 2018 Bonus Issue 1 : 2 View

Name Price Change Volume Gearing Premium Premium % Maturity
No warrants found.

Announced Date Change Type Shares Name
06 Apr 2021 02 Apr 2021 Disposed 100,000 ENCIK MEGAT ABDUL MUNIR BIN MEGAT ABDULLAH RAFAIE
26 Mar 2021 25 Mar 2021 Others 525,000 ENCIK HEADIR BIN MAHFIDZ
26 Mar 2021 25 Mar 2021 Others 525,000 DATO' DR FREEZAILAH BIN CHE YEOM
26 Mar 2021 25 Mar 2021 Others 525,000 DATO' DR FREEZAILAH BIN CHE YEOM
26 Mar 2021 25 Mar 2021 Others 525,000 ENCIK MEGAT ABDUL MUNIR BIN MEGAT ABDULLAH RAFAIE
26 Mar 2021 25 Mar 2021 Others 250,000 DATUK ABDUL MALEK BIN ABDUL AZIZ
26 Mar 2021 25 Mar 2021 Others 525,000 ENCIK HEADIR BIN MAHFIDZ
26 Mar 2021 25 Mar 2021 Others 250,000 DATUK ABDUL MALEK BIN ABDUL AZIZ
26 Mar 2021 25 Mar 2021 Others 525,000 ENCIK MEGAT ABDUL MUNIR BIN MEGAT ABDULLAH RAFAIE
26 Mar 2021 23 Mar 2021 Acquired 1,000,000 EMPLOYEES PROVIDENT FUND BOARD
25 Mar 2021 22 Mar 2021 Acquired 500,000 EMPLOYEES PROVIDENT FUND BOARD
24 Mar 2021 19 Mar 2021 Acquired 533,500 EMPLOYEES PROVIDENT FUND BOARD
22 Mar 2021 17 Mar 2021 Acquired 1,062,500 EMPLOYEES PROVIDENT FUND BOARD
11 Mar 2021 10 Mar 2021 Disposed 1,000,000 DATO' DAUD BIN AHMAD
11 Mar 2021 10 Mar 2021 Disposed 1,000,000 DATO' DAUD BIN AHMAD
10 Mar 2021 09 Mar 2021 Disposed 1,300,000 TAN SRI RAZALI BIN ISMAIL
10 Mar 2021 09 Mar 2021 Disposed 1,300,000 TAN SRI RAZALI BIN ISMAIL
08 Mar 2021 05 Mar 2021 Disposed 1,000,000 TAN SRI RAZALI BIN ISMAIL
08 Mar 2021 05 Mar 2021 Disposed 1,000,000 TAN SRI RAZALI BIN ISMAIL
05 Mar 2021 04 Mar 2021 Disposed 2,042,600 DATO' DAUD BIN AHMAD
05 Mar 2021 04 Mar 2021 Disposed 2,042,600 DATO' DAUD BIN AHMAD
03 Mar 2021 26 Feb 2021 Disposed 500,000 EMPLOYEES PROVIDENT FUND BOARD
01 Mar 2021 26 Feb 2021 Disposed 1,950,000 DATO' DAUD BIN AHMAD
01 Mar 2021 26 Feb 2021 Disposed 1,950,000 DATO' DAUD BIN AHMAD
24 Feb 2021 23 Feb 2021 Disposed 40,000 DATUK ABDUL MALEK BIN ABDUL AZIZ
29 Jan 2021 26 Jan 2021 Acquired 140,200 AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA
27 Jan 2021 25 Jan 2021 Acquired 2,129,500 AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA
08 Jan 2021 05 Jan 2021 Disposed 500,000 EMPLOYEES PROVIDENT FUND BOARD
14 Dec 2020 10 Dec 2020 Others 3,000,000 TAN SRI RAZALI BIN ISMAIL
14 Dec 2020 10 Dec 2020 Others 3,000,000 TAN SRI RAZALI BIN ISMAIL
14 Dec 2020 10 Dec 2020 Others 3,000,000 TAN SRI RAZALI BIN ISMAIL
27 Nov 2020 24 Nov 2020 Disposed 784,000 EMPLOYEES PROVIDENT FUND BOARD
26 Nov 2020 23 Nov 2020 Disposed 700,000 EMPLOYEES PROVIDENT FUND BOARD
04 Nov 2020 30 Oct 2020 Disposed 400,000 EMPLOYEES PROVIDENT FUND BOARD
03 Nov 2020 28 Oct 2020 Disposed 300,000 EMPLOYEES PROVIDENT FUND BOARD
02 Nov 2020 27 Oct 2020 Disposed 120,500 EMPLOYEES PROVIDENT FUND BOARD
02 Nov 2020 27 Oct 2020 Disposed 200,000 EMPLOYEES PROVIDENT FUND BOARD
30 Oct 2020 26 Oct 2020 Disposed 177,200 EMPLOYEES PROVIDENT FUND BOARD
28 Oct 2020 23 Oct 2020 Disposed 189,400 EMPLOYEES PROVIDENT FUND BOARD
27 Oct 2020 22 Oct 2020 Disposed 184,100 EMPLOYEES PROVIDENT FUND BOARD
23 Oct 2020 20 Oct 2020 Disposed 400,000 EMPLOYEES PROVIDENT FUND BOARD
20 Oct 2020 15 Oct 2020 Disposed 200,000 EMPLOYEES PROVIDENT FUND BOARD
15 Oct 2020 12 Oct 2020 Disposed 200,000 EMPLOYEES PROVIDENT FUND BOARD
02 Oct 2020 29 Sep 2020 Disposed 116,000 EMPLOYEES PROVIDENT FUND BOARD
24 Sep 2020 23 Sep 2020 Disposed 1,080,000 TAN SRI RAZALI BIN ISMAIL
24 Sep 2020 23 Sep 2020 Disposed 1,080,000 TAN SRI RAZALI BIN ISMAIL
04 Sep 2020 03 Sep 2020 Disposed 2,000,000 TAN SRI RAZALI BIN ISMAIL
04 Sep 2020 03 Sep 2020 Disposed 2,000,000 TAN SRI RAZALI BIN ISMAIL
01 Sep 2020 26 Aug 2020 Disposed 85,700 EMPLOYEES PROVIDENT FUND BOARD
28 Aug 2020 25 Aug 2020 Disposed 179,300 EMPLOYEES PROVIDENT FUND BOARD
27 Aug 2020 24 Aug 2020 Disposed 312,800 EMPLOYEES PROVIDENT FUND BOARD
26 Aug 2020 21 Aug 2020 Disposed 147,900 EMPLOYEES PROVIDENT FUND BOARD
23 Jul 2020 20 Jul 2020 Disposed 1,000,000 TAN SRI RAZALI BIN ISMAIL
23 Jul 2020 20 Jul 2020 Disposed 1,000,000 TAN SRI RAZALI BIN ISMAIL
17 Jul 2020 15 Jul 2020 Disposed 1,160,000 TAN SRI RAZALI BIN ISMAIL
17 Jul 2020 15 Jul 2020 Disposed 1,160,000 TAN SRI RAZALI BIN ISMAIL
10 Jul 2020 07 Jul 2020 Disposed 500,000 TAN SRI RAZALI BIN ISMAIL
10 Jul 2020 07 Jul 2020 Disposed 500,000 TAN SRI RAZALI BIN ISMAIL
24 Jun 2020 23 Jun 2020 Disposed 1,000,000 TAN SRI RAZALI BIN ISMAIL
24 Jun 2020 23 Jun 2020 Disposed 1,000,000 TAN SRI RAZALI BIN ISMAIL
15 Jun 2020 12 Jun 2020 Disposed 1,000,000 TAN SRI RAZALI BIN ISMAIL
15 Jun 2020 12 Jun 2020 Disposed 1,000,000 TAN SRI RAZALI BIN ISMAIL
11 Jun 2020 10 Jun 2020 Disposed 820,000 TAN SRI RAZALI BIN ISMAIL
11 Jun 2020 10 Jun 2020 Disposed 820,000 TAN SRI RAZALI BIN ISMAIL
10 Jun 2020 09 Jun 2020 Disposed 1,180,000 TAN SRI RAZALI BIN ISMAIL
10 Jun 2020 09 Jun 2020 Disposed 1,180,000 TAN SRI RAZALI BIN ISMAIL
05 Jun 2020 04 Jun 2020 Disposed 150,000 TAN SRI RAZALI BIN ISMAIL
05 Jun 2020 04 Jun 2020 Disposed 150,000 TAN SRI RAZALI BIN ISMAIL
04 Jun 2020 02 Jun 2020 Disposed 1,210,000 TAN SRI RAZALI BIN ISMAIL
04 Jun 2020 01 Jun 2020 Transferred 1,168,604 EMPLOYEES PROVIDENT FUND BOARD
04 Jun 2020 01 Jun 2020 Transferred 1,168,604 EMPLOYEES PROVIDENT FUND BOARD
04 Jun 2020 02 Jun 2020 Disposed 1,210,000 TAN SRI RAZALI BIN ISMAIL
04 Jun 2020 02 Jun 2020 Disposed 162,950 TAN SRI RAZALI BIN ISMAIL
04 Jun 2020 03 Jun 2020 Disposed 290,000 TAN SRI RAZALI BIN ISMAIL
04 Jun 2020 02 Jun 2020 Disposed 162,950 TAN SRI RAZALI BIN ISMAIL
04 Jun 2020 03 Jun 2020 Disposed 290,000 TAN SRI RAZALI BIN ISMAIL
02 Jun 2020 28 May 2020 Acquired 896,500 EMPLOYEES PROVIDENT FUND BOARD
27 Apr 2020 23 Apr 2020 Disposed 100,000 DATO' DAUD BIN AHMAD
27 Apr 2020 23 Apr 2020 Disposed 100,000 DATO' DAUD BIN AHMAD
24 Apr 2020 22 Apr 2020 Disposed 440,000 DATO' DAUD BIN AHMAD
24 Apr 2020 21 Apr 2020 Disposed 120,000 DATO' DAUD BIN AHMAD
24 Apr 2020 22 Apr 2020 Disposed 440,000 DATO' DAUD BIN AHMAD
24 Apr 2020 21 Apr 2020 Disposed 120,000 DATO' DAUD BIN AHMAD


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Aiy Hermoso
1 Like · Reply
Company with good prospect... will continue top up at 1.22
Bursaman
Dividend mostly similar to reinvest type
1 Like · 15 hours · translate
Aiy Hermoso
knowing its financial status, i personally think that not giving any dividend at least for this year is more suitable ..
Like · 14 hours · translate
Fork
113 Like · Reply
Update: 11/March/2021

1) Intro

Malaysia Gov has shown unwavering commitment in meeting 20% of RE by 2025, that would be 6,000 MW in total. The Gov has awarded more than 2,000 MW of RE, where 1,634 MW (82%) is from solar energy (LSS Fast Track, LSS1, LSS2 & LSS3). Out of the 2,000 MW of RE, Cypark has already secured about 200 MW (10%) and targets to secure 1,000 MW of RE by 2025.

According to TNB AR 2019, Gas & Coal will continue to be the main source of power generation in the medium term, but there will be an increased uptake of renewable energy (RE) generation, especially solar.
- Coal (53.9%)
- Gas (42.30%)
- Hydro (3.1%)
- Solar (0.6%)
- Others (0.1%)
Cost of generating RE is getting cheaper as technology improves. The cost of generating Gas is at RM0.2322 /kWh while the cost of generating Solar is as low as RM0.1399 /kWh - LSS4. The industry foresees the future LSS projects will have bigger capacities of more than 1000 MW to meet 20% of RE and Malaysia Gov also targeting 6 x WTE Plants soon.

Malaysia needs US$8 billion investment to achieve 20% renewable energy target by 2025.



2) On-Going Projects

LSS1 - 15 MWac
- Targeted Commercial Operation Date: This year
- Daud (CEO) estimated RM10 million annually
- This will contribute to FYE 2021

LSS2 - 3 x 50 MWac = 150 MWac
- Targeted Commercial Operation Date: This year
- Daud (CEO) estimated RM25 million annually
- To contribute revenue in FYE 2021

WTE - 20 to 25 MWac
- Targeted Commercial Operation Date: Mid 2021
- Daud (CEO) estimated RM80 million annually
- To contribute revenue in FYE 2021

LSS3 - 100 MWac
- Targeted Commercial Operation Date: 2022
- Daud (CEO) estimated RM50-60 million annually
- To contribute revenue in FYE 2022

Net Energy Metering (NEM) ProjectS
- Unknown MWac

Once the above projects are completed, it will be owned, operate & managed by Cypark



3) Future Projects secured/announced

- MOU w/ Negeri Sembilan Corp - 50MW Solar Project (NEM)
- MOU w/ Kedah Gov - 100MW Solar Project (NEM)
- MOU w/ Petronas Chemicals - WTE Plant Project
- To add 5MWac to 10MWac of biomass/gas per year
- To supply RE directly to end client ( testing phase)



4a) Prospects on Green Tech and RE

According to AR2020, Cypark targets to achieve beyond 500 MWdc by FYE2022. According to Daud (CEO), Cypark is targeting a stable recurring revenue to be generated from the sales of energy (Green Tech and RE), which will make up 50% of the group’s total revenue by 2022 from the current 21.7%.

Cypark's revenue comes from four segments as follow:
* Data from Cypark AR2020 *
- RM214 | 79% - Environmental engineering
- RM20 | 6.5% - Landscaping and infrastructure
- RM4 | 1.3% - Maintenance works
- RM66 | 21.7% - Green Tech and RE

Cypark "Green tech and RE" revenue (MYR)
- FYE2014 - 34,954,629
- FYE2015 - 39,665,233
- FYE2016 - 46,544,314
- FYE2017 - 48,713,260
- FYE2018 - 48,784,125
- FYE2019 - 59,020,364
- FYE2020 - 65,856,536

According to the AR2020, by FYE2022, Cypark will increase its ownership of RE asset capacity to 245MWp from its current operating capacity of 47 MWdc.

In addition to its own assets, Cypark will operate a total of 150MWp solar assets under its EPCC + Operation and Maintenance (O&M) long term contract. In total, the number of secured capacity of solar assets built, owned and/or operated by Cypark will reach over 395 MWdc.

With only 47 MWdc, the sales of energy already contributing about 65 millions revenue annually. 395 MWdc definitely will contribute positively to Cypark revenue.



4b) Prospects on LSS 5, 6 & WTE

Cypark believe there will be further extension to the LSS programme possibly LSS5 and LSS6 as this will further enhance Malaysia’s green and renewable energy aspiration in achieving a total of 20% renewable energy mix by 2025.

Cypark's On Waste-to-Energy (WTE), is the first of its kind in Malaysia, is expected to be in commission by the mid of 2021. There will be another five WTE tenders that will be announced in the near future, targeted to be developed in Melaka, Johor, Pahang, and Kedah



5) Dividend

Cypark dividend policy is to distribute not less than 25% of its net profit to the shareholders, provided that such payout would not be detrimental to the operating cash flow as well as business development plans.



6) Cash Flow

According to AR2019, the remaining maturities of the borrowings are as follows:
- 184.8 million - On demand or within 1 year
- 53.2 million - More than 1 year and less than 2 years
- 220.2 million - More than 2 years and less than 5 years
- 715 million - 5 years or more
The reason of huge borrowing is due to building new power plants where large upfront capital investment are required.

Cypark has issued RM550 million Sukuk in FY2019. The RM550 million Sukuk is backed by the projects’ anticipated long-term recurring income from selling energy to TNB for the next 21 years. During 4th Sept 2020, Cypark has issued New RM97.25 million Sukuk ( upto RM500 million )

Generally, Sukuk has a tenure of up to 22 years commencing from the date of the first issuance. On top of that, Sukuk has a fixed profit payments which allows Cypark to determine it at a lower profit rate and enjoy the profit payment savings in the event of an increase in profit rate in the future. As long as Cypark is able to secure more projects in the coming future, logically the recurring income from selling energy to TNB for the next 21 years will also increase.

In the current scenario, it is expected to have more cash outflow than cash inflow due to the Company’s capital investment in the projects and the cash inflow can only be noticed clearly upon the commencement of the commercial operation date (“COD”) of the projects. The Company is expecting a significant amount of revenue and cash inflow to be generated in FY2021 from the completion of LSS 1 & 2 and WTE Plant.

However, Cypark is also expecting a significant cash outflow in year 2021 and 2022 due to capital investment of LSS 4 project and LSS 5 project.



7) Debt Collection (trade receivables)

Cypark has significant amount of trade receivables that is past due for more than 90 days. In AGM2020, Cypark mentioned the outstanding amount is mainly due by Gov agencies. The changes of Gov had impacted longer time in the processing of Cypark’s outstanding trade receivables and this is common whenever changes of administration happen.



DISCLAIMER:
All the information mentioned herein is solely for the purpose of education and references only.

REFERENCE:
- Cypark Annual Report 2020, 2019 , 2018, 2017
- Cypark latest Quarterly Report
- Cypark AGM 2020
- TNB Annual Report 2019
- http://ir.chartnexus.com/cypark/docs/agms/Summary%20of%20Key%20Matters%20Discussed%20at%20the%20Postponed%2015th%20AGM%20held%20on%2018%20June%202020.pdf
- https://www.nst.com.my/news/nation/2019/09/518408/malaysia-needs-rm33bil-investment-hit-renewable-energy-target
- https://www.st.gov.my/contents/2020/Copy%20of%20LSS%20Progress%20By%20Region%20(Q1).pdf
- https://www.power-technology.com/comment/malaysia-needs-us8-billion-investment-to-achieve-20-renewable-energy-target-by-2025/
- https://www.theedgemarkets.com/article/govt-targets-six-wastetoenergy-plants-2021
- https://www.theedgemarkets.com/article/better-earnings-visibility-prospects-cypark
- https://www.theedgemarkets.com/article/cypark-sees-doubledigit-revenue-growth
- https://www.theedgemarkets.com/article/tnb-awards-three-lss3-projects-total-capacity-29088-mwac
- https://www.theedgemarkets.com/article/cypark-reorganises-loans-address-debtcash-flow-mismatch
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李政准
请问各位cypark算在复苏股行列里面吗
Like · 3 days · translate
Jackson
我个人认为不算啦!它是疫情股利好和利空中间的选择。经济复苏,自然也是利好它的。
4 Like · 3 days · translate