tag:blogger.com,1999:blog-250589152024-03-28T16:19:07.418+08:00Sharetisfy歌词Unknownnoreply@blogger.comBlogger108125tag:blogger.com,1999:blog-25058915.post-43961013673187351372023-10-05T22:36:00.005+08:002023-11-08T13:15:45.982+08:00浅谈CYPARK RESOURCES BERHAD, CYPARK, 5184 - James的股票投资James Share Investing浅谈CYPARK RESOURCES BERHAD, CYPARK, 5184 - James的股票投资James Share Investing<p> <iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="362" src="https://www.youtube.com/embed/ev0gOe-xaXQ" width="644"></iframe></p><br/><br/>https://www.youtube.com/watch?v=ev0gOe-xaXQAdminhttp://www.blogger.com/profile/02423328634093657906noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-21738895722350433492023-09-24T20:49:00.003+08:002023-09-24T20:49:33.907+08:00【形态解读】 CYPARK 5184 CYPARK RESOURCES BERHAD 股权变动引发股价上攻一波 ?目前要如何看呢 ?20230924( 中英文CC 字幕)@mytraderview【形态解读】 CYPARK 5184 CYPARK RESOURCES BERHAD 股权变动引发股价上攻一波 ?目前要如何看呢 ?20230924( 中英文CC 字幕)@mytraderview<p> <iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="362" src="https://www.youtube.com/embed/jE31-TtM0Dc" width="644"></iframe></p><br/><br/>https://www.youtube.com/watch?v=jE31-TtM0DcAdminhttp://www.blogger.com/profile/02423328634093657906noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-90377765363332796832023-06-21T21:54:00.001+08:002023-06-21T21:54:05.302+08:00 CYPARK 5184 CYPARK RESOURCES BERHAD 强劲反弹的时机已经成熟吗?<p> CYPARK 5184 CYPARK RESOURCES BERHAD 强劲反弹的时机已经成熟吗?<br /><br /><br />Cypark Resources Bhd 对于那些希望抓住当前疲软局面的投资者来说似乎很有吸引力。<br /><br /><br />这家可再生能源公司在过去一个月下跌了约 11.8%,截至 6 月 20 日收于 64 仙。<br /><br /><br />目前其交易价格为 52 周高点 1.23 令吉和低点 30 仙的中点。<br /><br /><br />问题是,它的走向是如何?<br /><br /><br />目前,随着投资者利用当前价格疲软的机会进场,该股似乎有望呈上升趋势。<br /><br /><br />今年年初,Cypark 确实引起了很多关注。<br /><br /><br />继去年底触及 30 仙的年度低点后,该股的股价也随着 Jakel 集团成为其大股东而飙升。<br /><br /><br />Jakel Capital 于1月份通过私募以6710万令吉或每股38仙收购27.33%股权,成为了 Cypark 的最大股东。<br /><br /><br />随着这家纺织品贸易和房地产开发商投资部门作为 Cypark 股东的出现,导致其股价上涨了一倍多。<br /><br /><br />这促使马来西亚交易所对其提出异常的市场活动查询。<br /><br /><br />Cypark 不仅吸引了 Jakel,还吸引了 Perkeso 等其他机构。<br /><br /><br />在2月2日,Perkeso 在购买该公司200万股后成为大股东,使其股权达到5.06%。<br /><br /><br />对于 Jakel 而言,其对 Cypark 的投资旨在通过将环境、社会和治理 (ESG) 投资纳入其投资组合,战略性地重新平衡其投资敞口。<br /><br /><br />在投资者对这一声明感到真正兴奋之前,人们应该真正了解 Jakel 之前参与的情况。<br /><br /><br />在 2021 年 5 月,Jakel Group 董事总经理 Datuk Mohamed Faroz Mohamed Jakel 成为 Sedania Innovator Bhd 的主要股东。<br /><br /><br />他通过私人配售活动购买了该集团 12.55% 的股份,据说每股 18 仙。<br /><br /><br />该消息将 Sedania 的股价推高 40 仙或 29.2% 至历史新高 1.77 令吉。<br /><br /><br />当时,Datuk Mohamed Faroz 表示,公司希望对冲市场波动,他的加入也将使两家公司能够通过利用彼此的优势和专业知识来创造协同效应。<br /><br /><br />Sedania 通过其绿色科技平台,可以帮助 Jakel 在其 600 多家门店节省高达 30% 的电力消耗。<br /><br /><br />然而,自从他进入 Sedania 以来,什么都没有实现。<br /><br /><br />大约一年后,Datuk Mohamed Faroz 在公开市场上出售其股份后,于 2022 年 8 月 23 日不再是 Sedania 的大股东。<br /><br /><br />倘若投资者不想在抛售开始时被抓住,就真的应该睁大眼睛进入 Cypark。<br /><br /><br />目前,抛售似乎并未开始,而是增持 Cypark 股票的最佳时机。<br />#CYPARK<br /><br />https://xifu.my/OpinionsComment.aspx?BID=B02315012PBAB0BC<br /></p>Adminhttp://www.blogger.com/profile/16609839271303069034noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-19382506298987160422023-06-21T21:50:00.002+08:002023-06-21T21:50:11.487+08:00 Is CYPARK 5184 CYPARK RESOURCES BERHAD ripe for a strong rebound?<p> Is CYPARK 5184 CYPARK RESOURCES BERHAD ripe for a strong rebound?<br /><br /><br /><br />Cypark Resources Bhd is looking attractive for investors hoping to jump in on its current weakness.<br /><br /><br />The renewable energy company lost some 11.8% in the past month to close at 64 sen on June 20.<br /><br /><br />It is now trading at a mid-point of its 52-week high of RM1.23 and low of 30 sen.<br /><br /><br />Question is, which way will it go?<br /><br /><br />For now, the counter appears poised for an upward trend as investors ride on the current price weakness.<br /><br /><br />There was certainly a lot of buzz at the start of the year for Cypark.<br /><br /><br />After trading at its year low of 30 late last year, the couter shot up following the emergence of the Jakel Group as a substantial shareholder in the company.<br /><br /><br />Jakel Capital emerged as Cypark’s largest shareholder in January after acquiring a 27.33% stake via a private placement for RM67.1 million or 38 sen per share.<br /><br /><br />The emergence of the investment arm of textile trading and property developer as a shareholder of Cypark led to its share price more than doubling in value. <br /><br /><br />This prompted an unusual market activity query by Bursa Malaysia.<br /><br /><br />Cypark attracted not only Jakel but other institutional in the form of Perkeso as well.<br /><br /><br />On Feb 2, Perkeso emerged as a substantial shareholder after buying two million shares in the company, bringing its equity interest to 5.06%. <br /><br /><br />For Jakel, its investment in Cypark is to strategically rebalance its investment exposure with the incorporation of environmental, social and governance (ESG) investing into its portfolio.<br /><br /><br />Before investors get really excited with this statement, one should really look at the what transpired with Jakel’s previous involvement.<br /><br /><br />In May 2021, Jakel Group managing director Datuk Mohamed Faroz Mohamed Jakel became a substantial shareholder of Sedania Innovator Bhd.<br /><br /><br />He bought a 12.55% stake in the group via a private placement exercise, said to be at 18 sen each.<br /><br /><br />The news boosted Sedania’s share price by as much as 40 sen or 29.2% to a record high of RM1.77.<br /><br /><br />At that time, Mohamed Faroz said it wanted to hedge against market volatility and his entry will also allow the companies to create synergies by tapping into each other’s strengths and expertise.<br /><br /><br />Sedania, through its greentech platform, can help Jakel save up to 30% in electricity consumption at its 600 or so stores.<br /><br /><br />However, nothing materialised since his entry into Sedania.<br /><br /><br />After a year or so, Mohamed Faroz ceased to be substantial shareholder of Sedania on August 23, 2022 after disposing his stakes in the open market.<br /><br /><br />Investors should really go into Cypark with eyes wide open as they don’t want to be caught if the selling starts. <br /><br /><br />For now, it doesn’t appear that the selling is starting but more of a right time to accumulate Cypark shares.<br />#CYPARK<br /><br />https://xifu.my/OpinionsComment.aspx?BID=B01224003P0AB0BC<br /></p>Adminhttp://www.blogger.com/profile/16609839271303069034noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-9206646096122716742023-04-02T16:26:00.003+08:002023-05-06T20:22:14.763+08:00 CYPARK 5184 CYPARK RESOURCES BERHAD | Q1 业绩开箱<p> CYPARK 5184 CYPARK RESOURCES BERHAD | Q1 业绩开箱<br /><br />提到 Cypark Resources Berhad(CYPARK、5184)这家公司呢,他们确实是属于颇有 “争议性” 的一家上市公司;其中最大的讨论点无非是在公司的现金流、应收账款和近期内公司的新晋股东。<br /><br />不过今天,我们就先撇开对于该公司的偏见,先客观的讨论公司的业绩表现,最后再讨论这家公司的估值和前景展望。<br /><br />在翻开 CYPARK 的季报时,读者们应该应该会看到去年同期的部分是空的,这主要是因为 CYPARK 在近期内将财政年结束的日期从 10 月 31 日转为 4 月 30 日,在此转变之下,公司就没有同期可比较的数据参考了。<br /><br />*不过,在转变之前的 Q4,不就是新的 Q2 吗?<br /><br />这里也先简单的介绍 CYPARK 的业务;据公司在该季(2022 财政年 Q5)中的文告中介绍,公司的 RM 32.9 Million 的营业额主要来自于电力的出售,以及对现有发电厂(“Brownfield”)的运营和维修(“O&M”)业务;那其中较为值得留意的是,公司所获的废弃物转制能源(“WTE”),并位于 Ladang Tanah Merah(“LTM”)的项目已经在 14.12.2022 投产,也就是说该发电站已经给开始给公司带来出售电力和再循环的收入。<br /><br />据了解,CYPARK 在该季中的一站式建筑业务(简称 “EPCC”)收入贡献已经降低,尤其是公司的 Sik Project 在 2022 财政年 Q1 中已经完成建设,接下来类似于 Sik Project 的 LSS2 项目将会持续给 CYPARK 带来 21 年的 O&M 收入。<br /><br />不过在 09.02.2023 的时候,CYPARK 与 UTM Holdings Sdn. Bhd.(“UTMH”)、Selgate Healthcare Sdn. Bhd.(“Selgate”)签署了三方 MoU 协议,将在 Universiti Teknologi Malaysia(“UTM”)的 5 英亩(“Acres”)的地皮上联合设计、开发和建设私立专科医院;公司则是表示预计该 MoU 在实行后,预计会给 CYPARK 带来持续性的收入,但并无明细数额。<br /><br />以公司的绿色能科技(“Green Tech”)业务来说,CYPARK 则是提到公司在该季中因在 Kg. Gajah 中 1.55 MW 的沼气发电站出售电力的关系,进而给公司带来了RM 1.2 Million 的营业额,而先前提到位于 LTM 的 WTE 项目则是在该季中给公司带来了 RM 8.4 Million 的营业额。<br /><br />若在按季(对比 2022 财政年 Q4)之下,CYPARK 的营业额则是从 RM 48.4 Million 下滑至 RM 32.9 Million,公司提到这主要是因为 WTE 的建筑收入降低,但由于 WTE 出售电力和再循环的盈利率比建筑业务的盈利率更高,因此公司的税前盈利(“PBT”)不跌反升,从 RM 3.0 Million 提高到 RM 5.2 Million。<br /><br />而以现金流来看,CYPARK 在 2022 财政年 15M 内的总净经营现金收入为 RM 7.5 Million,这对比公司同期内的 RM 60.9 Million PBT 来说出入是比较大的,当然这主要是因为公司的应收账款(“Trade Receivables”)和建筑中纳入帐内的 “Contract Assets” 增加所致,那么在公司的新晋股东 Jakel Capital Sdn. Bhd.(“JCSB”)投入了 RM 67.1 Million 之后,CYPARK 目前手头上也仍有 RM 177.5 Million 的现金在手头上。<br /><br />作为参考,CYPARK 当前已有 O&M 收入的可再生能源(“RE”)资产共合为 96 MWp,但是伴随着公司在 Terengganu 约 172 MWp 的 LSS3 项目、Kedah 和 Kelantan 的 147 MWp 的 LSS2 项目和 Negeri Sembilan 的 20 MW Smart WTE 项目投产后,公司预计会从共合 400 MWp 的 RE 资产中获取 O&M 的收入。<br /><br />到最后,笔者认为 CYPARK 如果看账面的表现,所具有持续性收入(“Recurring Income”)的性质确实是不错,不过公司的现金流仍是令人担忧的课题。<br /><br />那么,读者们如何看待 JCSB 入场后的 CYPARK 呢?<br /><br />照片来源:The Star<br /><br />与 Exeed Group 开设股票户口:https://bit.ly/3d4fjav<br /><br />加入 Exeed Group 的大家庭:https://bit.ly/3Bt3cx7<br /><br />Disclaimer: Exeed Group accepts no liability whatsover for any direct or consequential loss arising from any use of content here.<br /><br />#CYPARK<br /><br />#EXEED<br /><br />#BURSA<br /><br />#股票<br /><br />https://klse.i3investor.com/web/blog/detail/exeedgroup/2023-04-01-story-h-274366025<br /></p>Adminhttp://www.blogger.com/profile/16609839271303069034noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-950431848237529182023-02-08T19:30:00.002+08:002023-02-08T19:30:12.741+08:00一口气买5.5% 社险机构成Cypark资源(CYPARK,5184,主板工业股)大股东<p>一口气买5.5% 社险机构成Cypark资源(CYPARK,5184,主板工业股)大股东<br /><br />(吉隆坡7日讯)社会保险机构(PERKESO)一口气买入Cypark资源(CYPARK,5184,主板工业股)5.494%股权,崛起成为公司大股东之一。<br /><br />Cypark资源周二向大马交易所报备,PERKESO是在本月3日,通过场外交易购买4205万4400股,不过,文告并未透露交易价格。<br /><br />值得注意的是,这家再生能源公司早在1月,就宣布Jakel资本私人有限公司通过私配活动,以6710万令吉认购了1亿7664万8892股新股,崛起成为大股东。<br /><br />同月31日,该公司接获大马交易所发出的不寻常交易活动(UMA)质询,主要是公司的股价在过去一个月高歌猛进,而该公司表示Jakel资本崛起为其新大股东,或是股价异动的唯一潜在原因。<br /><br />周二闭市时,该公司报1.03令吉,跌5仙或4.6%,成交量2640万7700令吉。<br /><br />https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E4%B8%80%E5%8F%A3%E6%B0%94%E4%B9%B055-%E7%A4%BE%E9%99%A9%E6%9C%BA%E6%9E%84%E6%88%90cypark%E5%A4%A7%E8%82%A1%E4%B8%9C<br /></p>Adminhttp://www.blogger.com/profile/16609839271303069034noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-82122466940578438002023-01-30T19:47:00.001+08:002023-01-30T19:53:17.038+08:00你抓到了哪一支?抓到其中一支就可以休息一年了!你抓到了哪一支?抓到其中一支就可以休息一年了!<p> <iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="362" src="https://www.youtube.com/embed/UxtS_ar3KGg" width="644"></iframe></p><br/>https://www.youtube.com/watch?v=UxtS_ar3KGgAdminhttp://www.blogger.com/profile/02423328634093657906noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-17609056229892947202023-01-13T07:37:00.006+08:002023-01-13T07:37:45.104+08:00 Cypark资源(CYPARK,5184,主板工业股)上挑78仙/敏源<p> Cypark资源(CYPARK,5184,主板工业股)上挑78仙/敏源<br /><br />马股于周四间随整体大市步伐窄幅波动,富时隆综指于1月12日闭市时1488.66点报收, 按日起0.79点或0.05%。它的整日交投波幅介于5.20(1486.15至1491.35)点间。<br /><br />30只综指成分股项于1月12日间显现着一段轻微技术反弹走势中。上升股为368只,而下跌股为472只。<br /><br />Cypark资源(CYPARK,5184,主板工业股)于闭市时收69.5仙,按日回退2仙或2.8%。<br /><br />Cypark资源的30分钟图表走势于1月12日间的交投走势突破它的顶头阻力线(B1:B2)。它的30分钟平滑异同移动均线指标 (MACD)于1月12日间的交投走势处于一个调整的格局中。<br /><br />它处于“0”支撑线上波动,Cypark资源的后市的交投走势,或会出现一段短线回试它的下限支撑线的支撑(B1:B2)。<br /><br />Cypark资源的日线图表走势于回试后或会显现一段反弹走势,它或会挑战上升目标值于68至78仙的阻力关口。<br /><br /> <br />Cypark资源图表分析<br /><img alt="Cypark资源图表分析" height="610" src="https://www.enanyang.my/sites/default/files/styles/media_image/public/2023-01/230113%20CYPARK.jpg?itok=9Dd25C5v" width="690" /><br />免责声明<br /><br />本文纯属技术面分析,仅供参考,并非推荐购买。投资前请咨询专业金融师。<br /><br /> <br /><br /> <br /><br />https://www.enanyang.my/行家论股/cypark资源上挑78仙敏源<br /><br /></p>Adminhttp://www.blogger.com/profile/16609839271303069034noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-10456828260293733592023-01-10T19:04:00.005+08:002023-01-10T19:04:28.059+08:00 Jakel入股, CYPARK 5184 CYPARK RESOURCES BERHAD股价飙涨<p> Jakel入股, CYPARK 5184 CYPARK RESOURCES BERHAD股价飙涨<br /><br />Cypark(5184,主板工业股)在12月最后一个交易日公布的2022财政年末季业绩不理想,净利暴跌79.1%,心想新年开市后的股价应该会直线下坠。不料,Cypark在周二(1月3日)交投活络,全日上扬5仙,以52仙闭市,原来市场盛传Jakel Group将成为这家公司的单一最大股东。稍早前,Cypark就计划配售1亿7894万新股或相等于30%股权,每股发售价定于38仙,预计将筹资大约6800万令吉。接着Cypark在1月4日发文宣布,Jakel Capital透过私配活动,以6710万令吉认购了1亿7664万新股,直接或间接持有27.33%股权崛起成为最大股东,印证了市场传闻。公司指出,Jakel集团将是新的战略性土著股东,有助公司保持着由土著控制的上市公司地位,并成为长期投资者。在强大土著投资者的入股支持下,进一步优化其市场战略地位,增加股东基础,扩大和增强在本地和区域的业务表现。<br /><br />Jakel集团是本地知名服装零售商,也涉及产业领域,由四兄弟领航,分别为Datuk Seri Mohamed Faroz Mohamed Jakel(执行董事)、Datuk Mohamed Nizam Mohamed Jakel(首席营运员)、Mohamed Izani Mohamed Jakel以及Luqman Mohamed Jakel。这四兄弟的名字也时常出现在本地上市公司的股东名单上面如下:<br />- Sedania Innovator Bhd(0178,创业板电讯媒体股)<br />- G3 Global Bhd(7184,主板消费产品服务股)<br />- TH Heavy Engineering Bhd(7206,主板能源股) <br />- Parlo Bhd(0022,创业板消费产品服务股) <br />- Dataprep Holdings Bhd(8338,主板科技股)<br />- One Glove Group Bhd(5079,主板消费产品服务股)<br /><br />Jakel集团解释了为什么他们投资Cypark的原因。首先Cypark的本益比仅为8.5倍,远低于其他同僚的20倍,认为当下的Cypark估值诱人。其次,Cypark有强大的基本面,是再生能源领域的佼佼者,非常符合ESG投资理念。另外,公司也具备丰富经验和成熟技术,预计能够在接下来的能源转型趋势当中攫取更多机遇。随着新股东的加入驱动Cypark量价齐升,1月6日以65仙挂收,是自去年5月份经历股价暴跌事件后的最高水平。<br /><br />事实上与半年前相比,Cypark的基本面并没起太大变化,然而新投资者入股加强了市场信心因此受到买盘热捧。话说回来,去年管理层曾信誓旦旦,有信心两座太阳能发电厂和垃圾转能源厂房将在去年底之前投入运作,结果至今仍是处于最后阶段尚未正式启用。不过根据最新业绩报告指出,位于吉打的49兆瓦太阳能发电厂于去年1月起正式商业营运,并在末季开始收到第一笔入账,公司将产生持续性收入。如今资金雄厚的Jakel顺利入股对Cypark来说是及时雨,随着新的资金到位,公司现金流不足的窘境得到缓解。当然对现有投资者来说并不乐见私下配售活动,因为新股增加等于稀释了每股盈利。但站在公司立场来看,如果这笔资金能够得到善用,加强公司的财务状况并确保现有大型项目能够顺利如期完成,未来将能提供获利和现金流,这也符合长期投资者的利益。<br /><br />Jakel集团入股在短期内有助重塑投资者信心,并一举扫除市场的不利传言。然而必须提醒的是Cypark在去年10月21日宣布其外部审计师Baker Tilly已提交辞呈,至今仍未公开委任新的外部审计师的进展。Cypark提呈2022财政年的审计报告的截止日为2月底,因此留给他们的时间也不多了。如果公司无法如期提呈审计报告,势必会对其名声和股价造成新一轮的冲击。<br /><br />https://investalone.blogspot.com/2023/01/Jakel-Cypark-largest-shareholder.html<br /></p>Adminhttp://www.blogger.com/profile/16609839271303069034noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-16187227835485623832023-01-01T15:25:00.005+08:002023-01-01T15:25:33.001+08:00建筑工程陆续完工 Cypark资源(CYPARK,5184,主板工业股)净利大挫8成<p>建筑工程陆续完工 Cypark资源(CYPARK,5184,主板工业股)净利大挫8成<br /><br />(吉隆坡31日讯)Cypark资源(CYPARK,5184,主板工业股)2022财年末季,净利按年大挫79.10%,至537万7000令吉,或每股0.29仙。<br /><br />Cypark资源周五向交易所报备,截至10月杪末季,营业额较去年同期下挫44.35%,至4838万7000令吉。<br /><br />这让该公司全年营业额走跌21.70%,报2.47亿令吉;全年净赚4870万令吉,年减35.42%。<br /><br />Cypark资源解释,营收及盈利下滑,是因为再生能源领域,及废料管理和废料转能源领域的建筑工程陆续完工所致。<br /><br />“工程完工后,这些项目会转入营运及维修模式,此模式下会给公司带来经常性营收及盈利。”<br /><br />周五闭市,Cypark资源报47仙,涨5仙或11.90%,成交量5533万9000股。<br /><br />The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.<br /></p><p>https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E5%BB%BA%E7%AD%91%E5%B7%A5%E7%A8%8B%E9%99%86%E7%BB%AD%E5%AE%8C%E5%B7%A5-cypark%E5%87%80%E5%88%A9%E5%A4%A7%E6%8C%AB8%E6%88%90<br /></p>Adminhttp://www.blogger.com/profile/16609839271303069034noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-4349518094982917682022-12-15T19:34:00.005+08:002022-12-24T21:52:45.130+08:00 CYPARK 5184 CYPARK RESOURCES BERHAD's new single largest shareholder Chung Chee Yang continues to raise stake via open-market buys<p> CYPARK 5184 CYPARK RESOURCES BERHAD's new single largest shareholder Chung Chee Yang continues to raise stake via open-market buys<br /><br />KUALA LUMPUR (Dec 14): Chung Chee Yang, who emerged as Cypark Resources Bhd's single largest shareholder in September when his shareholding surpassed that of its co-founder-cum-chief executive officer Datuk Daud Ahmad, has continued to raise his stake in the company by acquiring more shares in the open market.<br /><br />Chung now has 74.3 million shares representing a 12.618% stake in Cypark, after his latest acquisition of 400,000 shares on Monday (Dec 12), according to Cypark's bourse filing.<br /><br />Little is known about Chung other than that he had briefly been a substantial shareholder of Tanco Holdings Bhd with a 5% interest from September till end-November 2021, and that of MAG Holdings Bhd with a 6.32% stake from Sept 20 till Oct 9, 2019.<br /><br />He first emerged as a substantial shareholder in Cypark on Aug 9 when he acquired 30 million shares of the company via the open market, which gave him a 5.095% stake.<br /><br />He then raised his stake via a series of open market acquisitions. By Sept 15, his shareholding had gone up to 7.928%, versus Daud's 6.766% stake. By end-November, he had 12.482%.<br /><br />From Aug 9 until Dec 12, Cypark's shares closed between 43 sen and 41 sen apiece. It closed at 40 sen on Wednesday, giving the renewable energy and environmental engineering solutions company a market capitalisation of RM235.6 million.<br /><br />Cypark's third largest shareholder is Amanah Saham Nasional Bhd, who holds 6.30% via Amanah Saham Bumiputera and Amanah Saham Malaysia 3.<br /><br />Cypark's net profit for its latest quarter ended July 31, 2022 (3QFY2022) fell 29.2% to RM11.8 million from RM16.68 million in 3QFY2021, as revenue dropped 30.9% to RM45.49 million from RM65.92 million on lower contribution from its renewable energy division, whose revenue decreased to RM20.3 million from RM56.2 million.<br /><br />On Dec 8, Cypark announced that its indirect subsidiaries had been awarded 21-year feed-in approval certificates by Sustainable Energy Development Authority (Seda) to carry out biogas projects, with a total capacity of 2.7MW, in Johor and Terengganu.<br /><br />The first biogas project comprises a 1.2 MW installed capacity biogas plant in Layang-Layang, Johor, which was awarded to Cypark's 51%-indirectly-owned Reviva BACRE (Ulu Remis) Sdn Bhd. The second is a 1.5 MW plant in Kemaman, Terengganu awarded to BACRE Reviva Biogas (Kemaman) Sdn Bhd, which is 80%-owned by BACRE Reviva Biogas Holdings Sdn Bhd, which in turn is an indirect 51%-subsidiary of Cypark.<br /><br />Cypark said Tenaga Nasional Bhd would purchase electricity from the project companies at pre-agreed feed-in tariff rates.<br /><br />http://www.theedgemarkets.com/article/cyparks-new-single-largest-shareholder-chung-chee-yang-continues-raise-stake-openmarket-buys<br /></p>Adminhttp://www.blogger.com/profile/16609839271303069034noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-60709746042841095922022-11-09T19:27:00.001+08:002022-11-18T17:53:07.989+08:00CYPARK资源(CYPARK,5184,主板工业产品服务组)配股30% 筹7337万<p>CYPARK资源(CYPARK,5184,主板工业产品服务组)配股30% 筹7337万<br /><br />(吉隆坡8日讯)CYPARK资源(CYPARK,5184,主板工业产品服务组)建议私下配售至多1亿7893万7822股新股或相等于30%股本给独立第三方投资者。<br /><br />CYPARK资源发表文告表示,发售价将在稍后决定和公布。<br />根据每股41仙参考发售价计算,该公司预计可从中筹集至多7337万令吉资金,其中5000万令吉将用作发展大型太阳能2-浮动太阳能光伏项目,以及2286万5000令吉用作森美兰州废物转化为能源(WTE)工厂项目。<br /><br />完成私下配售后,该公司的股本将从5亿9646万股,扩大至7亿7539万8000股。<br /><br />该公司预计在2023年首季完成私下配售建议。<br /><br />https://www.sinchew.com.my/20221109/cypark%E9%85%8D%E8%82%A130-%E7%AD%B97337%E4%B8%87/<br /></p>Adminhttp://www.blogger.com/profile/16609839271303069034noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-35587595916849204322022-11-09T08:46:00.001+08:002022-11-11T11:59:15.123+08:00Hartalega, Heineken, MR DIY, F&N, Sime Darby, Sime Darby Plantation, Eco World, KNM, Cypark, SCIB, S&F Capital, Caely, LYC Healthcare, MCIL, Southern Score and Citaglobal<p>Hartalega, Heineken, MR DIY, F&N, Sime Darby, Sime Darby Plantation, Eco World, KNM, Cypark, SCIB, S&F Capital, Caely, LYC Healthcare, MCIL, Southern Score and Citaglobal<br /><br />KUALA LUMPUR (Nov 8): Here is a brief recap of some corporate announcements that made news on Tuesday (Nov 8) involving Hartalega Holdings Bhd, Heineken Malaysia Bhd, MR DIY Group (M) Bhd, Fraser & Neave Holdings Bhd, Sime Darby Bhd, Sime Darby Plantation Bhd, Eco World Development Group Bhd, KNM Group Bhd, Cypark Resources Bhd, Sarawak Consolidated Industries Bhd (SCIB), S&F Capital Bhd, Caely Holdings Bhd, LYC Healthcare Bhd, Media Chinese International Ltd (MCIL), Southern Score Builders Bhd and Citaglobal Bhd.<br /><br />Hartalega Holdings Bhd saw its net profit for the second quarter ended Sept 30, 2022 (2QFY23) plummet 96.9% to RM28.3 million, as lower average selling price (ASP) of gloves and volume eroded revenue while higher energy costs hit its bottom line. Revenue for the quarter was slashed by 70.9% year-on-year (y-o-y) to RM584.56 million from RM2.01 billion a year ago. Cumulative net profit for the six months ended Sept 30, 2022 fell 96.3% to RM116.62 million from RM3.17 billion, underpinned by a significant contraction in revenue, higher natural gas tariffs and minimum wage. Cumulative revenue was slashed by 75.3% to RM1.43 billion from RM4.48 billion.<br /><br />Heineken Malaysia Bhd's net profit for the third quarter ended Sept 30, 2022 (3QFY22) doubled to RM108.74 million from RM51.02 million in the same period last year, mainly driven by improved revenue growth besides efficient cost and value initiatives. Quarterly revenue climbed 84.81% to RM720.47 million from RM389.85 million in the same period a year ago due to strong post-Covid-19 recovery following the reopening of international borders, increased on-trade consumption as well as positive mix impact from its premium portfolio growth. Notably, the latest quarterly revenue of RM720.47 million is a fresh new record high for Heineken, beating its previous quarterly revenue record of RM698.33 million for 1QFY22.<br /><br />MR DIY Group (M) Bhd said the group will continue undertaking pricing reviews to address continued input cost pressure, despite logging an 11.99% increase in its third quarter net profit. The home improvement retailer said the net profit for the quarter ended Sept 30, 2022 (3QFY22) rose to RM101.18 million from RM90.35 million a year earlier, on the back of a 25.8% increase in revenue to RM966.17 million from RM768.02 million. The group noted that its bottom line during the quarter was hampered by administrative and other operating expenses of RM37.6 million and RM214.7 million, a year-on-year increase of 39% and 38.7%, respectively.<br /><br />Fraser & Neave Holdings Bhd’s (F&N) net profit recorded a 68.49% jump to RM98.89 million in the fourth quarter ended Sept 30, 2022 (4QFY22) compared with RM58.69 million in 4QFY21. Quarterly revenue grew 26.93% to RM1.14 billion against RM896.26 million driven by the positive momentum for the recovery of economic activities, out-of-home consumption and trade restocking, reflecting business returning to pre-pandemic levels. It also recommended a final single-tier dividend of 33 sen per share, which will bring the total dividend for FY22 to 60 sen per share, the same amount it declared in FY21.<br /><br />Sime Darby Bhd (SDB) has completed the sale of the Weifang Port companies in China for about RM1.27 billion, marking its full exit from the non-core ports business with the disposals completed on Monday. Proceeds from the sale of the Weifang Port companies will be utilised for future investments in the group’s core industrial and motors businesses, for capital expenditure, and/or to repay short-term borrowings.<br /><br />Sime Darby Plantation Bhd’s downstream arm Sime Darby Oils (SDO) is investing over US$150 million (RM711.18 million) for the construction of a new specialty oils and fats refinery in Sumatera. The company said the refinery will be located at the Sei Mangkei Special Economic Zone in North Sumatera’s Simalungun region with a built-up area of 16ha. The refinery is expected to begin production in 2024. Upon completion, it will contribute an annual production capacity of more than 450,000 tonnes of palm and lauric based products.<br /><br />Eco World Development Group Bhd said its wholly owned subsidiary Hasrat Budi Sdn Bhd (HBSB) will no longer hold any shares in MySJ Sdn Bhd. The property developer said the cheque for the option price between Entomo Malaysia Sdn Bhd — the operator of the MySejahtera app — and its founder and group chief executive officer and MySJ director Raveenderen Ramamoothie has been cleared.<br /><br />KNM Group Bhd has announced the resignation of its executive director and group chief executive officer Terence Tan Koon Ping, effective Tuesday (Nov 8). The oil and gas process equipment maker said Tan, 52, is vacating the position “to pursue other interests”. In Tan’s stead, KNM said that non-independent director Ravindrasingham Balasingham has been redesignated as its executive director and group CEO.<br /><br />Cypark Resources Bhd aims to raise up to RM73.36 million via a share placement, mainly for the environmental solutions and renewable energy group’s working capital. The placement comprises up to 178.94 million new shares, representing up to 30% of the group's issued shares. The group aims to raise RM72.43 million in a minimum scenario and RM73.36 million in a maximum scenario, with the utilisation of the funds to further expand the group’s competitive advantage and increase its foothold as a contributor to government initiatives to increase RE production, as demonstrated by the group’s LSS projects and Malaysia’s first WTE plant.<br /><br />Sarawak Consolidated Industries Bhd (SCIB) said its external auditor has expressed a qualified opinion on the group’s financial statement for the year ended June 30, 2022 (FY22), pertaining to a settlement agreement relating to six construction projects carried out in Qatar and Oman. The qualified opinion is linked to the settlement agreement signed between SCIB and the project’s clients on Nov 10, 2021, the civil engineering group said in a filing, citing the report by the auditor, Nexia SSY PLT. According to the report, due to the lack of sufficient audit evidence of the transactions, Nexia was unable to determine the “accuracy, existence and completeness” of the group and company’s receivables due from the foreign project owners’ as at July 1, 2021, amounting to RM60.67 million and RM11.86 million respectively. Additionally, Nexia said it was also unable to determine the “accuracy and correctness” of accumulated losses as at July 1, 2021, amounting to RM53.92 million and RM38.11 million for the group and company respectively.<br /><br />The 9.44-acre land near Kulim Hi-Tech Park (KHTP) in Kedah that S&F Capital Bhd has proposed to acquire for RM7.4 million is to be utilised for industrial or residential development. In response to queries from Bursa Malaysia on the proposed purchase, property developer S&F Capital said the land is three kilometres away from Phase 4 of the KHTP and will therefore be converted into industrial or residential status from its current agricultural status. On the RM7.4 million purchase consideration, S&F Capital said it was set on an "as-is-where-is" basis, but added that no valuation has been carried out on the land thus far.<br /><br />Caely Holdings Bhd's largest shareholder Datuk Seri Tee Yam @ Koo Tee Yam and former executive vice chairman Datin Seri Jessie Wong Siaw Puie have filed a lawsuit to recover a sum of RM3.96 million allegedly advanced by them to the company for day-to-day operations and management costs. The suit has been fixed for case management on Nov 18, the troubled lingerie manufacturer said, adding that it is seeking legal advice on the matter.<br /><br />LYC Healthcare Bhd has proposed to acquire a 70% stake in Clinical Nutrition Intl (M) Sdn Bhd, which is mainly involved in the supply of nutraceutical ingredients, for RM2.24 million cash. The group said it will streamline the interests in all its nutraceutical companies under LYC Nutrihealth Sdn Bhd (LYCN), a wholly owned subsidiary of LYC Medicare Singapore Pte Ltd. LYCN will also enter into a put option agreement with the vendors of Clinical Nutrition for the remaining 30% shareholding which shall be exercised from Sept 28, 2024 and shall expire by Sept 27, 2027.<br /><br />Media Chinese International Ltd (MCIL) said it expects to return to profitability for the six months ended Sept 30, 2022, mainly driven by higher revenue from the group’s publishing business, especially in Malaysia. The group expects to record a profit attributable to owners of the group in the range of US$900,000 (RM4.26 million) to US$1.1 million for the six-month period, compared with a loss of about RM500,000 in the corresponding period of 2021. The growth in revenue from the publishing business was due to the gradual recovery of economic conditions from the impact of Covid-19.<br /><br />Southern Score Builders Bhd (SSB) will have its Guidance Note 3 (GN3) status lifted from Wednesday (Nov 9) following the completion of its regularisation plan. This after SSB had regularised its financial condition and level of operations, and no longer triggers any of the criteria under Rule 2.1 of GN3 of the ACE Market Listing Requirements. SSB, formerly known as G Neptune Bhd, triggered the GN3 criteria in late 2017.<br /><br />After acquiring a collective stake of over 50% in Citaglobal Bhd, the new major shareholders made a takeover offer to the minority shareholders on Tuesday (Nov 8) for the remaining shares in the group. TIZA Global Sdn Bhd, Tan Sri Mohamad Norza Zakaria and persons acting in concert are making the offer for the remaining shares at 19 sen per share, according to the takeover notice filed with Bursa Malaysia by Citaglobal. They had acquired the majority stake in the group via the issuance of 736.84 million new shares at the same price of 19 sen per share.<br /><br />https://www.theedgemarkets.com/article/hartalega-heineken-mr-diy-fn-sime-darby-sime-darby-plantation-eco-world-knm-cypark-scib-sf<br /></p>Adminhttp://www.blogger.com/profile/16609839271303069034noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-79962897668936980992022-07-04T20:13:00.002+08:002022-07-09T22:59:58.522+08:00Old and new dividend plays<p>Old and new dividend plays<br /><br />IN times of uncertainty, investors take shelter in dividend-yielding stocks. A check on Bloomberg yielded some unconventional names that are not usually considered dividend stocks.<br /><br />For example, Boustead Plantations Bhd came out on top of the list, with a forecast dividend yield of 16.9%, based on the counter’s last traded price of 83 sen and Maybank Investment Bank Research’s estimated dividend per share of 14.1 sen for the financial year ended Dec 31, 2022 (FY2022).<br /><br />Quite a number of plantation companies made it to the top 30 list, namely Kim Loong Resources Bhd, Sarawak Plantation Bhd, Hap Seng Plantations Holdings Bhd and Ta Ann Holdings Bhd. This is not surprising considering the still high crude palm oil (CPO) prices.<br /><br />While CPO futures have come off their all-time high of more than RM7,000 per tonne, which it reached in April, the commodity remains at elevated levels of more than RM4,000 per tonne at the time of writing. Many analysts are still expecting CPO prices to average RM5,000 per tonne this year, leaving headroom for planters to absorb higher fertiliser and labour costs.<br /><br />It is worth noting that dividend yields have gone up because the share prices of plantation counters have fallen, likely due to the combination of market uncertainty and lower CPO prices. Of course, as the information is based on analyst forecasts, the actual dividend may vary.<br /><br />As Maybank IB Research pointed out in its June 7 report on Boustead Plantations, FY2022’s dividend payout ratio may fall short of expectation considering the company’s plan “to conserve cash for acquisition[s] and replanting”.<br /><br />The usual suspects on the list include consumer play British American Tobacco (Malaysia) Bhd and Astro Malaysia Holdings Bhd, as well as banks Malayan Banking Bhd and Affin Bank Bhd. However, the prospects for BAT may be less rosy than for Astro given the highly regulated sector it is in.<br /><br />Apart from these, utility players and concessionaires retain their places on the list as stable dividend-yielding stocks. These include Malakoff Corp Bhd, Taliworks Corp Bhd and Cypark Resources Bhd.<br /><br />“Dividend plays work well for investors who prefer to construct a more passive portfolio, as good dividend gems can help outperform inflation in the long run, hence maintaining one’s purchasing power in the long term. Defensive plays such as food and beverage, retail and utilities can be a good complement to an investor’s overall portfolio, depending on the investor’s risk appetite,” says Fortress Capital Asset Management (M) Sdn Bhd investment director Chua Zhu Lian.<br /><br />Real estate investment trusts (REITs), with their long-term lease agreements, are considered defensive investments, although an environment of rising interest rates could reduce their appeal.<br /><br />“REITs could be a better hedge against inflation in a volatile market. Having said that, I would encourage investors to look for fundamental growth stocks, because in these next three to five years, the megatrend technology and semiconductor industries will be big. Don’t ignore those markets,” says Areca Capital Sdn Bhd CEO Danny Wong Teck Meng.<br /><img alt="" class="img-fluid" src="https://assets.theedgemarkets.com/pictures/Cap1_2_TEM1427_theedgemarkets.jpg" /><br />He explains that some industries and manufacturers may benefit from the weak ringgit because Malaysia is not as aggressive as developed markets in normalising interest rates. In that sense, the ringgit will be seen as relatively weaker than developed-market currencies. Therefore, the local currency may seem slow or depreciate against major currencies, which should encourage exporters.<br /><br />However, Ng Zhu Hann, CEO of boutique asset management company Tradeview Capital Sdn Bhd, is pessimistic. “If you look at our market, you will realise that regardless of the ‘defensive qualities’ of a company or sector, when the global market starts selling, no sector or company will be spared, be it utilities, telecommunications, consumer goods or essentials. A broad-based systemic sell-off means there is really no safe haven apart from fixed deposits,” he says.<br /><br />Ng advises investors to consider reputable companies with an established track record of consistently providing dividends to ensure there are returns from investments in the midst of a potential recession or prolonged down cycle. “At least by doing so, you have an income stream from the stocks you are holding,” he points out.<br /><br />“When the market rebounds, these stocks will follow suit. I strongly believe that if you protect your downside, the upside will take care of itself.”<br /><br />http://www.theedgemarkets.com/article/old-and-new-dividend-plays<br /></p>Adminhttp://www.blogger.com/profile/16609839271303069034noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-71833094297764751292022-06-30T19:26:00.006+08:002022-06-30T19:26:43.639+08:00Cypark资源(CYPARK,5184,主板工业股)资源次季净利跌20%<p>Cypark资源(CYPARK,5184,主板工业股)资源次季净利跌20%<br /><br />(吉隆坡30日讯)Cypark资源(CYPARK,5184,主板工业股)2022财年次季,净利按年减少19.5%,至1451万5000令吉。<br /><br />该公司今日向交易所报备,次季营业额年跌11.82%,至7581万1000令吉。<br /><br />文告解释,次季业绩表现不佳是因为大型太阳能2(LSS2)项目营收走低;其中一个厂房已在首季完工,另外两个厂房建筑进度均已迈入最终阶段。<br /><br />累积首半年,该公司营业额报1亿5301万4000令吉,按年跌5.81%,净利也跌8.13%,至3033万2000令吉。<br /><br />该公司指出,随着政府决定提振再生能源使用,对Cypark资源等再生能源业者是极大激励。<br /><br />“在第12大马计划下,政府专注于绿色经济、废料再循环,及推行循环经济,为大马人创造更可持续的未来。我们相信废料转换能源领域会有巨大增长潜力。”<br /><br />澄清网上不实传言<br /><br />另一边厢,Cypark资源否认了多个部落格与网站上的报道,即该公司隐瞒了与大众投资者有关的信息。<br /><br />该公司昨晚向交易所报备,称这篇匿名的“Cypark资源之谜”的文章是不负责任,且包含“错误、不准确,及虚假的指控或信息。”<br /><br />这篇文章提出数个主要问题,包括该公司进行中项目展延、利息费用、合约资产、自由现金流和进行中项目的内部投资回酬率(IRR)。<br /><br />“基本面仍稳固”<br /><br />因此,该公司认为这篇文章带有恶意,且误导了投资者与利益相关者。<br /><br />“董事部希望通知,公司基本面和所有各种特许经营协议下的合同权利,仍然稳固与有效。”<br /><br />再来,该公司表示保留对任何恶意声明采取行动的权利,且董事部会将采取必要措施或法律途径来解决这些问题。<br /><br />https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/cypark%E8%B5%84%E6%BA%90%E6%AC%A1%E5%AD%A3%E5%87%80%E5%88%A9%E8%B7%8C20<br /></p>Adminhttp://www.blogger.com/profile/16609839271303069034noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-54030906654395039182022-06-30T19:15:00.003+08:002022-06-30T19:15:27.395+08:00 CYPARK 5184 CYPARK RESOURCES BERHAD denies viral article’s allegations of concealing information pertinent to investors<p> CYPARK 5184 CYPARK RESOURCES BERHAD denies viral article’s allegations of concealing information pertinent to investors<br /><br />KUALA LUMPUR (June 29): Cypark Resources Bhd denied allegations made by a viral report circulated in various blogs and websites that the company is concealing information deemed pertinent to public investors.<br /><br />In a filing with Bursa Malaysia, Cypark said the anonymous article, titled “The Mystery of Cypark Resources Berhad”, is ”irresponsible” and contains “wrongful, inaccurate and/or false accusations or information”.<br /><br />Cypark is of the view that the article was “purposely written with malicious intent and misled the investors/stakeholders”.<br /><br />“The board wishes to inform that the company’s fundamentals and all the contractual rights under all the various concession agreements remain solid and valid,” it said.<br /><br />“The company reserves all rights to act on any malice statement and the board will take necessary steps or legal avenues to address them,” it added.<br /><br />The said article raised several matters including Cypark’s ongoing project delay, interest expense, contract asset, the group’s free cash flow as well as projections for internal rate of return of ongoing projects.<br /><br />In an interview with The Edge in June, Cypark group CEO and executive director Datuk Daud Ahmad said concerns over the company’s financial position stemmed from a “misunderstanding” of its business model.<br /><br />Daud, in the interview published on The Edge Malaysia Weekly (June 13-19, 2022) pointed to the movement control order as the reason for its project delays, and that Cypark’s negative operating cash flow position would be reversed when almost all of its ongoing projects are completed come 2023.<br /><br />Shares of Cypark closed seven sen or 15.56% lower at 38 sen, giving it a market capitalisation of RM226.65 million.<br /><br />http://www.theedgemarkets.com/article/cypark-denies-viral-articles-allegations-concealing-information-pertinent-investors<br /></p>Adminhttp://www.blogger.com/profile/16609839271303069034noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-61759097913674406272022-06-21T19:18:00.005+08:002022-06-21T19:18:51.389+08:00 CYPARK 5184 CYPARK RESOURCES BERHAD: Concerns arose from misunderstanding of business model<p> CYPARK 5184 CYPARK RESOURCES BERHAD: Concerns arose from misunderstanding of business model<br /><br /> Worries over Cypark Resources Bhd in relation to its more than RM1 billion in debt, cash flow deficit and project delay have driven down its share price. In the following written reply to queries from The Edge, however, Cypark group CEO and executive director Datuk Daud Ahmad stresses that all is fine and it has complied with accounting standards.<br /><br />The Edge: The share price of Cypark has tanked recently. There have been concerns over the company’s cash flow and high gearing. Can you shed light on the matter?<br /><br />Daud: We believe the concern raised came from a misunderstanding of Cypark’s business model. The negative cash flow is expected from the business model of concessionaire-based projects like solar farms and WTE (waste-to-energy), which require intensive capital expenditure (capex) upfront.<br /><br />During the first few years of the construction stage, revenue will not be generated as yet and at the same time, we need funds to construct the concessionaire assets, resulting in a negative operating cash flow [which is expected]. Once the assets are completed, they will start to generate stable and reliable income for the next 21 years and the cash flow will turn positive consistently for many years to come.<br /><br />In the financing structure of our concession projects, we have raised specific financing to fund the projects during the construction phase. However, according to MFRS 107 Statement of Cash Flows, drawdowns from project loans/borrowings need to be classified in cash flows from financing activities and are not allowed to [be] set off against cash flows from operating activities despite the fact that the financing is structured and designed solely to finance the construction of the particular revenue-generating assets.<br /><br />In view of the accounting requirement as mentioned above, we need to view the cash flows from operating activities together with the cash flows from financing activities so the status of negative cash flow can be better understood, that it is not to be viewed as the company’s cash flow concern. (For a more detailed explanation, please refer to the explanation in our Cash Flow Statement of 1Q2022.)<br /><br />The future cash flow from RE (renewable energy) assets like solar farms is very stable as proven by other solar farms completed and operated by Cypark since 2012. The stable cash flow track record of the completed solar farms over many years has given a lot of comfort to lenders as certainty and reliability of cash flow is high.<br /><br />The decision by Cypark to invest in solar assets and other RE assets has been rationalised on the reliability and certainty of future revenue and strong cash flow streams.<br /><br />Due to the lower operating costs and tax breaks enjoyed by our RE project, the future operating cash flow is high and stable (due to no feedstock cost, no consumables fluctuation risk, etc) and net operating cash flow is also high (in the range of 70%-90% of annual revenue). Cypark expects that in 2023, when almost all ongoing projects are completed, the tide will turn and the negative operating cash flow will be reversed, in line with our business plan.<br />High gearing<br /><br />Out of the RM1.4 billion, approximately 85% are long-term loans and sukuk, which are for project financing lines to construct our RE concession/contract assets. In Cypark’s business model, just like all energy-industry power plants, either fossil fuel or renewable, the projects require ‘big’ upfront investment whereby about 80% is financed and 20% is equity financed.<br /><br />The loans will be pared down by the stable recurring cash flow streams to be received from a triple A-rated offtaker (Tenaga Nasional Bhd) for the sales of RE and from the government of Malaysia for the tipping fees.<br /><br />The project inflows are more than sufficient to repay the debts according to the repayment schedule. It is therefore important, in evaluating the gearing level of our RE project, that the strong capability to generate (future) cash flow to pay the loan should also be looked into so that a positive conclusion can be derived.<br /><br />It is fair to mention that the business models adopted by Cypark have received support from the shareholders as the financing models have been explained numerous times previously during the institutional investors’ briefing, AGM and placement exercises.<br /><br />It is important to note that the public placements issued by Cypark in the past, including the one completed last December, had clearly communicated that the funds raised were for the purpose of equity financing (part, balance by loan) of our RE project and received strong support and approvals. Hence, we are puzzled that the issue of the financing model is being used as a reason to drive our share price now as if it were a new event.<br /><br />Is it true that there have been delays in Cypark’s power projects, including the SMART WTE plant in Ladang Tanah Merah and the floating solar plant in Tasik Danau Tok Uban (DTU)? What are the initial deadlines? Why the delay? What are the latest completion deadlines for the two projects? Apart from the SMART WTE and DTU plants, which projects are also delayed and why?<br /><br />It was rather unfortunate that Cypark had to go through its construction stage during the Covid-19 period. The Covid-19 pandemic, which is recognised as a force majeure, disrupted not only site work, but also the whole supply and services ecosystem.<br /><br />The prolonged and multiple Movement Control Orders imposed have resulted in work stoppages, zero or lower productivity, delays in supply chain, manpower disruptions, etc. With the removal of many controls recently, we have been able to be back to almost full productivity and managed to perform some catch-up on the delays.<br />DTU delay<br /><br />For the DTU project, it has reached the final stage of construction, whereby the 200-acre floating solar system installation and 10km-long interconnection work are already completed.<br /><br />The delay is in the grid interconnection facilities (IF) part. The construction is still progressing but facing some delays due to a slower approval process by TNB, which involves additional requirements.<br /><br />We target that the new COD (commercial operations date) will be by end-September 2022.<br /><br />Please note that the delay does not affect the future operating cash flow of the projects as the concession periods and tariff are not affected. The impact of the delay is manageable as the ability to comply with the sukuk commitment is within control and RAM has reaffirmed the rating of the sukuk.<br />WTE delay<br /><br />For the WTE project in Ladang Tanah Merah, the construction has been completed for quite some time and is currently going through the final stage — the testing & commissioning (T&C) stage.<br /><br />There were some unfortunate delays in starting the T&C due to the late arrival of the foreign experts who were to carry out the T&C works, caused by prolonged travel restrictions and stringent SOPs (standard operating procedures) to bring the required foreign experts into Malaysia.<br /><br />Fortunately, since April 1, 2022, the experts have been able to travel and most of them are already here now. The T&C activity is well in progress now. We target the new COD by end-September 2022.<br /><br />Despite the delays in Cypark’s projects, the company has been fairly profitable over the years. How did Cypark generate earnings? Which projects in particular are the largest earnings contributors?<br /><br />As reported in our AFS (audited financial statements), our main earning contributor is the Renewable Energy Division. For the brownfield completed projects, as said, they are generating stable revenue.<br /><br />For some of the ongoing construction of RE projects, due to the unique arrangement as turnkey contractor-cum-financier, there is contract revenue and interest revenue recognised during the construction phase, which is pursuant to Accounting Standard MFRS 15. Please note that for the earlier solar projects completed and currently in operation, the plants enjoy much higher tariff and hence strong cash flow.<br /><br />As for WTE, although it is still not in operation (expected in September 2022), the cash flow comes from the tipping fees paid monthly by the government since 2016.<br /><br />Did Cypark recognise a construction profit of RM188.4 million from the WTE project? How? Did the board of directors allow that?<br /><br />The recognition and reporting of the WTE project cost and revenue require compliance with the prevailing accounting standards.<br /><br />Since the WTE project is a build-operate-transfer (BOT) project and falls within the definition of IC Interpretation 12 (Service Concession Arrangements), we have to report it accordingly.<br /><br />The adoption of IC12 is not unique to Cypark’s project as other parties’ similar projects are required to comply with (it too).<br /><br />Many, due to a lack of understanding of IC12 requirements, have also questioned the validity of our intangible assets. The intangible assets reported are, in fact, for the recognition of our physical landed assets, the SMART WTE Plant, which by concession contract belongs to us legally. However, the accounting standard requires the physical assets funded and constructed by us to be treated as intangible assets. The common public impression of intangible assets normally associates intangible assets with goodwill, non-physical, arbitrary valuation, etc, which does not reflect our assets, which are physical, legally owned and established cost.<br /><br />http://www.theedgemarkets.com/article/cypark-concerns-arose-misunderstanding-business-model<br /></p>Adminhttp://www.blogger.com/profile/16609839271303069034noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-50317220194377616342022-06-07T19:30:00.005+08:002022-06-07T19:30:59.139+08:00 CYPARK 5184 CYPARK RESOURCES BERHAD’s debt and cash flow problems spook investors<p> CYPARK 5184 CYPARK RESOURCES BERHAD’s debt and cash flow problems spook investors<br /><br />THE share price of renewable energy (RE) firm Cypark Resources Bhd experienced a meltdown last week on concerns over its debt and cash flow position as well as its ability to execute power projects it has in hand.<br /><br />Shares of the Main Market-listed company plunged 41% within a week, from 69 sen on May 20 to 40.5 sen last Friday, translating into a market capitalisation of RM241.57 million. Following a 55% year-to-date drop, the counter is currently trading at a historical price-earnings ratio (PER) of merely three times.<br /><br />Concerns have been raised over construction delays of Cypark’s ongoing projects, including its floating solar plant in Tasik Danau Tok Uban (DTU), Pasir Mas, Kelantan, and its solid waste modular advance recovery and treatment waste-to-energy (SMART WTE) plant in Ladang Tanah Merah, Negeri Sembilan.<br /><br />Cypark group CEO and non-independent executive director Datuk Daud Ahmad, it appears, is making an attempt to calm investors.<br /><br />In a forwarded message sighted by The Edge, a research analyst who claimed to have contacted Daud says the management reaffirms there is no change to Cypark’s company’s fundamentals, while business remains status quo.<br /><br />For the floating solar project in DTU, Daud apparently told the analyst that solar panel installation has been completed and it is pending construction of Tenaga Nasional Bhd’s infrastructure facilities, such as connection to the grid. Overall, the project is 85% completed.<br /><br />According to him, the 20mw SMART WTE project is still in the testing and commissioning stage, while earlier delays were mainly due to travel restrictions, as foreign experts were only allowed to enter Malaysia from April.<br /><br />Cypark apparently expects the new target commercial operation date (COD) for both plants to be sometime in September. The management also appears to have indicated that Cypark does not require any further funding for its ongoing projects, as the group has secured enough funds from its latest placements of shares.<br /><br />At press time, Daud did not respond to The Edge’s requests for comment, nor did he verify that he had spoken to the analyst.<br /><br />A 56-year-old accountant by profession, Daud co-founded Cypark in 1999, and is the single largest shareholder with a direct stake of 6.92%.<br /><br />The Employees Provident Fund Board owns a 5.95% stake in the company, which is currently undertaking the operation and development of 400mw worth of RE projects in Malaysia.<br /><br />Another substantial shareholder of Cypark is AmanahRaya Trustee Bhd, which owns about 5%. Among its top 30 shareholders are Public Smallcap Fund, Lembaga Tabung Haji and Phillip Capital Management Sdn Bhd.<br /><br />A market watcher attributes Cypark’s share price meltdown last week to margin calls and short-selling pressure.<br /><br />“There have been rumours about something brewing inside the company. But the real concerns are whether or not Cypark can deliver its projects on time. There are concerns as to how Cypark could meet its debt obligation [given the delay in projects].” <br /><br />He points out that certain quarters had previously raised concerns that Cypark’s cash flow could be strangled by its floating solar projects.<br /><img alt="" class="img-fluid" src="https://assets.theedgemarkets.com/pictures/Cypark_1_TEM1423_theedgemarkets.jpg" /><br />“But then again, this has been talked about over the past two to three years. If these projects are really causing cash flow problems to Cypark, then the management needs to find ways to rectify the situation urgently. The last thing you want to see is a bond default because it will really dampen investors’ confidence,” he warns.<br /><br />Meanwhile, a solar industry expert believes Cypark has got some good solar assets and solid businesses in its stable but, obviously, it has a few problems on its plate.<br /><br />“For those who have been following Cypark, they should know that it always has these potential risks. If you look at their intangible assets, cash flow and gearing, these numbers are not looking good,” he says.<br /><br />Nevertheless, he acknowledges that overall market sentiments have been poor recently and, hence, there is little buying interest in its stock.<br /><br />“Not only do the major shareholders not have financial resources to stabilise its share price, but worse still, they themselves also seem to be getting margin calls,” he says.<br /><br />Interestingly, Cypark had been reasonably profitable over the past five years despite the delay in projects. Its net profit grew from RM57.6 million in the financial year ended Oct 31, 2017 (FY2017), to RM81.75 million in FY2018 and RM91.28 million in FY2019, before declining to RM70.65 million in FY2020, and then rebounding to RM75.25 million in FY2021 (see table).<br /><br />For perspective, Cypark generated a profit before tax of RM96.63 million in FY2021, of which 77% was contributed by its RE division, 15% from waste management and WTE, 7% from construction and engineering, and the remaining 1% from green technology and environmental.<br /><br />Despite the setbacks to its DTU and SMART WTE plant, Cypark successfully achieved COD for its ground-mounted solar plant in Sik, Kedah, on Jan 1 this year, ahead of the approved COD date by its client. Furthermore, Cypark’s biogas plant in Kg Gajah, Perak, also successfully achieved its COD on Dec 31 last year.<br /><br />According to its 2021 annual report, the DTU and SMART WTE plants, as well as the 172mw third cycle of its large-scale solar (LSS3) project in Merchang, Terengganu, are targeted to be completed and operational this year.<br /><br />It is also worth noting that Cypark secured a solar project in Kuantan, Pahang, in June last year under the net energy metering scheme 3.0. This is expected to be completed in June 2023 with a contract period of 21 years on the net electrical output.<br />RAM downgraded Cypark’s SRI sukuk<br /><br />Last December, RAM Rating Services Bhd lowered the outlook on Cypark Ref Sdn Bhd’s RM550 million Sustainable and Responsible Investment (SRI) Sukuk Murabahah Programme (2019/2041) to negative from stable, while reaffirming the AA3 rating of the facility.<br /><br />Cypark Ref, an indirect wholly-owned subsidiary of Cypark, is a funding conduit set up to raise financing for the development of LSS2 projects owned by three entities, namely Viva Solar Sdn Bhd, Cove Suria Sdn Bhd, and Cypark Estuary Solar Sdn Bhd.<br /><br />Post-completion, Cypark Ref will receive deferred turnkey contract payments from these three project companies to service its sukuk obligations.<br /><br />Viva Solar is undertaking the 49mw ground-mounted solar plant in Kedah, while Cove Suria and Cypark Estuary Solar are undertaking the 98mw DTU plants in Kelantan.<br /><br />According to RAM Ratings, the negative outlook reflects the potential downside of extended delays in the construction of the two floating solar plants in DTU.<br /><br />“Delays beyond our stressed assumption of June 30 (management’s base case: March31) may cause the transaction a further liquidity shortfall. We have reaffirmed the rating in view of the expected irrevocable and unconditional RM26 million liquidity bank guarantee — to be procured by transaction sponsor Cypark Resources for the benefit of Cypark Ref — that would replenish loss of cash flow from the delays under our sensitised case,” the credit ratings agency wrote on Dec 17 last year.<br /><br />RAM Ratings, however, believes that the liquidity bank guarantee will provide much-needed support to help Cypark Ref tide over a potential default in June this year and restore the transaction’s liquidity buffers to a level commensurate with the AA3 rating.<br /><br />In a filing with Bursa Malaysia last Friday, Cypark announced that RAM Ratings has again reaffirmed the long-term rating of AA3 for its SRI sukuk via its letter dated May 26.<br /><br />“The AA3 rating indicates high safety for payment of financial obligations. The rating outlook is maintained at negative to reflect RAM Ratings’ concerns of extended construction delays for the two floating solar plants at DTU beyond its stressed timeline,” it notes. Cypark adds that RAM Ratings’ rating assessment has also considered the extraordinary resolution notice that was circulated to the sukuk holders on May 23.<br /><br />“These changes, including modifications to the transaction terms and payment structure, are not averse to the issue rating. The reaffirmation of rating at AA3 is expected to provide confidence to sukukholders to support the proposed amendments in the extraordinary resolution favourably,” it stresses.<br /><br />http://www.theedgemarkets.com/article/cyparks-debt-and-cash-flow-problems-spook-investors<br /></p>Adminhttp://www.blogger.com/profile/16609839271303069034noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-44685763530063906032022-06-06T21:25:00.007+08:002022-08-24T20:21:18.925+08:00【市场扫描亮点】 PART 2 -- CYPARK 大跌一波后,能否捞底 ?20220606【市场扫描亮点】 PART 2 -- CYPARK 大跌一波后,能否捞底 ?20220606<p> <iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="362" src="https://www.youtube.com/embed/rsoKqxqLw9k" width="644"></iframe></p><br />Adminhttp://www.blogger.com/profile/02423328634093657906noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-19674957781712112022022-05-30T20:28:00.000+08:002022-05-30T20:28:03.723+08:00债台高筑摇摇欲坠?/万年船<p>债台高筑摇摇欲坠?/万年船<br /><br />随着国家银行突然升息,那些债台高筑的公司开始感到不安。<br /><br />我在前一期提到的沙布拉能源(SAPRNG)和世霸动力(SERBADK)就属于这一类型。<br /><br />沙布拉能源的末季报告显示,公司负债100亿令吉,而世霸动力的2021年报也披露,公司负债达37亿令吉之多。在利息向上浮动的情况之下,每调升1%可是多了几千万至亿的负担,不是普通的债务呀!<br /><br />而最近股价大跌的Cypark资源(CYPARK),公司在短短几天内股价折半,从约80仙大跌到40仙,交易量也大涨,从每天100万股飙升到过亿股,这种量高价跌的情况,或许是有大股东不惜成本抛售,要钱不要货,也许他们知道一些我们散户不知道的事情。<br /><br />Cypark资源近年来一直增加借贷,债务从2017年的5.6亿令吉攀升到2022年初的14亿令吉,几乎增加了3倍。<br /><br />虽然从事再生能源或环保业务的公司,常常需要大笔借贷来执行特许经营项目,但是一旦收支不能平衡,可能会有毁灭性的结果。<br /><br />在问题没有发生的时候,公司管理层当然信心满满,认为一切皆在掌控之中。一旦发生了不可预知的问题,最迟知道的小股东,往往损失最惨重。<br /><br />我们虽然希望Cypark资源没有发生问题,但是小股东在股价大跌之后,已经蒙受不少的纸上损失。<br /><br />Capital A公司 CAPITALA<br /><br />亚航继续亏损<br /><br />同期还有航空业的患难父子——已经改名的Capital A(前为亚航集团)和亚航长程(AAX)。<br /><br />口号为“人人皆能飞”的亚航,在行动管控放松之后,终于可以重新冲上云霄了。<br /><br />但是,在开斋节的班机延误状况,让许多人大表不满,即使总裁发出了长几页的道歉信,也不能平息众怒。<br /><br />刚刚出炉的Capital A首季业绩,营业额有所增加,但是开销也随之大增,造成该季亏损还是高达近10亿令吉。在利率攀升,油价上涨的情况之下,调高机票售价未来可以抵消成本,看来下一次大手笔重组在所难免。<br /><br />Capital A目前是PN17陷困公司,当局给予它呈上重组计划的时间还剩9个月,看来这样的经济环境之下,小股东们只有抱着“是祸躲不过”的心情来度日了。<br /><br />随着全球各国调高利率,加上通胀的压力,举债过高的公司即使的重组债务,也未必能够安然度过危机。<br /><br />所以,小股东务必打醒十二分精神,不要轻信董事部的“甜言蜜语”,毕竟问题一爆发,董事部自顾不暇,是难以全盘照顾小股东的利益。自己的投资,自己要好好作出决断。<br /><br />免责声明<br /><br />本栏纯属学术上或经验上建议,读者若有兴趣投资,应该自行深入研究或询问股票经纪才决定,盈亏自负。我们鼓励通过正确的投资方式创造财富。作者言论不代表《南洋商报》立场。<br /><br />https://www.enanyang.my/%E5%90%8D%E5%AE%B6%E4%B8%93%E6%A0%8F/%E5%80%BA%E5%8F%B0%E9%AB%98%E7%AD%91%E6%91%87%E6%91%87%E6%AC%B2%E5%9D%A0%E4%B8%87%E5%B9%B4%E8%88%B9<br /></p>Adminhttp://www.blogger.com/profile/16609839271303069034noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-75839552688260585212022-05-30T17:50:00.000+08:002022-05-30T17:50:03.179+08:00主席大量卖股 CYPARK资源(CYPARK,5184,主板工业产品服务组)暴跌<p>主席大量卖股 CYPARK资源(CYPARK,5184,主板工业产品服务组)暴跌<br /><br />●CYPARK资源(CYPARK,5184,主板工业产品服务组)创办人兼主席丹斯里拉查礼,上周无预警连续3个交易日脱售股票,不再是主要股东,致使公司股价一度暴跌50.4%,探低至全周最低34仙也改写52周新低。<br /><br />根据交易所资料,拉查礼上周二(24日)至周四(26日),分别脱售197万9900股、50万股及477万6500股,共计获得332万1400令吉。而在连续3天减持股权后,直接持股减少至2778万5420股或4.719%。<br /><br />CYPARK资源上周一(23日)微跌2.5仙收在66仙,随着拉查礼脱售持股,隔日暴跌16仙或24.2%至50仙水平,周三进一步败退至38仙水平,跌势引大马股票交易所关注,暂停即日卖空(IDSS)及专属交易员单日卖空(PDT)活动。<br /><br />股 价随后低谷回升,上周五闭市收在40.5仙,全周跌28仙或40.9%。<br /><br />https://www.sinchew.com.my/20220530/%E4%B8%BB%E5%B8%AD%E5%A4%A7%E9%87%8F%E5%8D%96%E8%82%A1-cypark%E6%9A%B4%E8%B7%8C/<br /></p>Adminhttp://www.blogger.com/profile/16609839271303069034noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-23354031893328702152022-05-29T12:47:00.001+08:002022-05-29T12:47:07.759+08:00CYPARK 5184 CYPARK RESOURCES BERHAD股价暴跌,发生什么事?<p> CYPARK 5184 CYPARK RESOURCES BERHAD股价暴跌,发生什么事?<br /><br />上周二傍晚跑完步回家,拿起手机看到老友传了一则短讯问:Cypark发生什么事?我一头雾水,就打开KLSE Screener查看消息,原来是Cypark的股价突然大跌16仙至50仙,不过根本没有任何不利新闻传出。次日Cypark更是价跌量增,一度跌至34仙写下新低,而当天的成交量高达11亿余股也创下新高纪录。大马交易所就发文指出,周二和周三已暂停该公司即日卖空 (IDSS) 和自营交易商卖空 (PDT) ,但依然止不住股价狂泻。最终周五闭市收报40.5仙,今年迄今已经暴跌55.5%。Cypark董事部发文澄清没有留意公司业务有任何显著或异常原因,也没察觉到任何与公司有关的传言或消息。<br /><br />我看到不少人马上跳出来说Cypark就是第二个Serbadk:虽然每季营收和净利稳健增长,然而长期面临现金流不足问题,应收账款不断攀升,但是收钱慢只能不断靠融资来进行投资,造成偿债压力大增,形成企业的财务风险相当之高。凭心来说,目前也没有足够证明Cypark是否和Serbadk同样陷入假账疑云,毕竟其上一财政年财务报告已经顺利公布,审计师并没发现任何重大异常。虽然如此,随着当下大环境越来越艰难,利益相关者也非常关注Cypark的现金流是否出了问题?虽然Cypark获得大马评估机构 (RAM) 背书,重申其5亿5000万令吉伊斯兰债券获得AA3的长期评级,表明公司在履行财务义务方面的安全性仍高,不过RAM给予的评级展望保持负面,主要是针对Cypark的两座浮动太阳能发电厂建设延误表示担忧。<br /><br />无论如何,上述说法不足以止住投资人的疑惑以及股票遭受大量卖压,就连公司执行主席兼创办人丹斯里拉扎利和首席执行员道勿阿末都在卖票,他们俩在三天之内就抛售2351万股,相等于股份数量之4.1%,而拉扎利更是减持持股跌至5%以下,不再是公司的大股东了。需要指出的是,两人抛售的股份都是通过贷款作为抵押品,因此很大可能为了避免追加保证金只好被迫沽卖,毕竟股价还是很大机率会继续往下跌的。<br /><br />虽然不利Cypark传言满天飞,但是外界对其股价暴跌的真相依然毫无头绪。Cypark作为再生能源业者的佼佼者,理应获得更多注重ESG理念的投资人青睐,但是公司沉重的债务压力以及负现金流,或许让不少投资人却步。近期报导指出,由于疫情管控措施以及缺乏熟练劳工,因此推迟了Cypark两座太阳能发电厂和垃圾转能源厂房 (WTE) 投入运作,不过管理层却很有信心这些项目能够在今年下半年正式启动并对财务作出积极贡献。<br /><br />在投资人越发担心Cypark是否会爆发现金流断裂或债务危机之际,且看接下来管理层如何处理舆论并交出有说明力的财务表现来重拾投资人的信心,毕竟早前Serbadk爆发的假账丑闻还历历在目呢。<br /><br />https://investalone.blogspot.com/2022/05/cypark-share-price.html<br /></p>Adminhttp://www.blogger.com/profile/16609839271303069034noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-65804542774919697782022-05-28T17:24:00.000+08:002022-05-28T17:24:00.899+08:00公司主席和EPF齐抛售 拉扎利不再是Cypark资源(CYPARK,5184,主板工业股)大股东<p>公司主席和EPF齐抛售 拉扎利不再是Cypark资源(CYPARK,5184,主板工业股)大股东<br /><br />(吉隆坡27日讯)本周连日遭受大量卖压的Cypark资源(CYPARK,5184,主板工业股),过去数日一直遭到执行主席丹斯里拉扎利和雇员公积金局的频频抛售,而拉扎利更减持持股至5%以下,不再是公司大股东。<br /><br />Cypark资源周五向马交所报备,拉扎利于26日通过公开市场,脱售了477万6500股权。<br /><br />减持后,拉扎利持股量已降至2778万5420股,持股权也降至5%以下。<br /><br />另外,EPF也在本月频频抛售该股。其中最新动作是在24日卖出了500万股。<br /><br />减持后,EPF持股量已降至3006万6950股,或相等于5.1%股权。<br /><br />本月25日,Cypark资源针对近日来股价大跌发文告指出,表示董事部没有察觉到任何异常原因,更强调该公司有遵守上市条规,尤其是即刻披露的义务。<br /><br />https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E5%85%AC%E5%8F%B8%E4%B8%BB%E5%B8%AD%E5%92%8Cepf%E9%BD%90%E6%8A%9B%E5%94%AE-%E6%8B%89%E6%89%8E%E5%88%A9%E4%B8%8D%E5%86%8D%E6%98%AFcypark%E5%A4%A7%E8%82%A1%E4%B8%9C<br /></p>Adminhttp://www.blogger.com/profile/16609839271303069034noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-84941223222229058232022-05-28T10:42:00.004+08:002022-08-24T20:22:07.823+08:00CYPARK 5184 CYPARK RESOURCES BERHAD 股票从RM0.80大跌至RM0.40, 到底是发生了什么大件事?CYPARK 5184 CYPARK RESOURCES BERHAD 股票从RM0.80大跌至RM0.40, 到底是发生了什么大件事?<p> <iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="362" src="https://www.youtube.com/embed/FFDpyjIYGBo" width="644"></iframe></p><br />
Adminhttp://www.blogger.com/profile/02423328634093657906noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-68257407567471629722022-05-27T20:15:00.007+08:002022-05-27T20:15:57.194+08:00Cypark资源(CYPARK,5184,主板工业股):回债获RAM重申AA3评级<p>Cypark资源(CYPARK,5184,主板工业股):回债获RAM重申AA3评级<br /><br />(吉隆坡27日讯)近期股价大幅下挫,引起市场关注的Cypark资源(CYPARK,5184,主板工业股)强调,其5.5亿令吉回债获得大马评估机构(RAM)AA3的长期评级。<br /><br />Cypark资源向马交所报备,已获得RAM志期本月26日的信函,重申AA3的回债长期评级。<br /><br />“AA3评级表明,公司在履行财务义务方面的安全性仍高。”<br /><br />不过RAM给予的评级展望维持在”负面“,该评级机构对公司旗下两个浮动太阳能发电厂建设延误的担忧。<br /><br />Cypark资源股价过去一个月不断走跌,本周二更是崩盘,大挫26%;周三接着爆量再跌31%,之后才止住跌幅。<br /><br />该公司周三已自愿公告,董事部并未察觉任何导致股价暴跌的异常原因。<br /><br />https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/cypark%E5%9B%9E%E5%80%BA%E8%8E%B7ram%E9%87%8D%E7%94%B3aa3%E8%AF%84%E7%BA%A7<br /></p>Adminhttp://www.blogger.com/profile/16609839271303069034noreply@blogger.com