Dear Friends & Investors of i3 Forum
Today I had a one to one talk with the Management of Kpower
And these are some takeaways:
1) KPower is into Renewal Energy like Mini Hydro Power, Solar and Others.
2) In USA, Janet Yellen has told Banks not to finance fossil fuel companies as the pivot is into Renewable Green Energy
Updated: 11 Jul 2021, 05:02 PM IST
SO THE FUTURE IS IN RENEWABLE ENERGY WHICH IS A STRUCTURAL CHANGE FOR GOOD.
3) In Asia Renewal Energy will be a Rm1 Trillion Industry. Even Tenaga is into Renewable Energy
4) Compared to Solarvest & others Kpower has the lowest P/E)
See SolarVest Results
SUMMARY OF KEY FINANCIAL INFORMATION
|
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
|
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
|
31 Mar 2021
|
31 Mar 2020
|
31 Mar 2021
|
31 Mar 2020
|
||
|
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
| 1 | Revenue |
63,161
|
51,350
|
224,287
|
253,434
|
| 2 | Profit/(loss) before tax |
8,534
|
2,845
|
22,691
|
16,485
|
| 3 | Profit/(loss) for the period |
6,279
|
3,873
|
16,439
|
15,976
|
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
6,298
|
3,814
|
16,139
|
15,665
|
| 5 | Basic earnings/(loss) per share (Subunit) |
1.42
|
0.98
|
3.97
|
6.28
|
| 6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
1.00
|
0.00
|
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.2100
|
0.2100
|
||
Solarvest current price is Rm1.05
Latest Qtr Eps is 1.42
Annualised 1.42 x 4 = 5.68 sen
To get the P/E divides Rm1.05 by 5.68
= 18.48 P/E
That means Solarvest can only double your money in 18.48 years.
See KPOWER Results
SUMMARY OF KEY FINANCIAL INFORMATION
|
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
|
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
|
31 Mar 2021
|
31 Mar 2020
|
31 Mar 2021
|
31 Mar 2020
|
||
|
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
| 1 | Revenue |
137,659
|
31,684
|
284,786
|
56,482
|
| 2 | Profit/(loss) before tax |
19,346
|
3,847
|
42,995
|
7,798
|
| 3 | Profit/(loss) for the period |
14,225
|
2,672
|
31,621
|
5,474
|
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
14,146
|
2,674
|
31,544
|
5,482
|
| 5 | Basic earnings/(loss) per share (Subunit) |
4.17
|
0.64
|
7.08
|
1.31
|
| 6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.3000
|
0.2500
|
||
Kpower current price is 76.5 sen
One Qtr EPS is 4.17
Annualised 4.17 X 4 = 16.68 sen
To get the P/E ratio divides 76.5 by 16.68
= 4.58 (P/E)
For percentage in growth
Divides 16.68 by 76.5 sen
= 21.8%
In other words you get a high growth rate of 21.8% per year in comparison to Bank FD at only 1.75% now
P/E 4.58 means you can double your money in just 4.58 years (Beats Solarvest hands down at P/E 18.48)
How long will you double your money if you just keep in Bank FD at only 1.75% interest a year?
See
100/1.75 = 57.14 (P/E)
Yes! Keeping money in the Bank is also a form of lousy investment as it will only double your money in 57.14 years
And with FED Relentless money printing creating high inflation putting money in Bank FD long term is a no no; inflation will destroy all its future purchasing power.
5) Kpower sees great potential in Indonesia. In Malaysia where the National Power Gird is all interconnected and when one part has electric failure for example in Selangor - power can be transmitted from as far as Kelantan or Johor to make up the shortfall
This is not the same in Indonesia as the power generation is localised. So Kpower sees great potential in Indonesia as those vast islands need Power Connectivity
6) Renewable Energy in Asia alone is a Trillion $ Industry. If Kpower could just capture a nice Rm2 Billions to Rm3 Billions it will see spectacular earnings & growth. And Kpower has been in hydro power long before Solar energy turn popular.
Kpower already among leaders in Hydro Power which is among the cleanest energy
7) Since prices of Kpower has declined we see Mr Mustakim and Cik Sarah Azreen as well as others mopping up the oversold shares as high as 90 sen from the open market. They see great value at current prices
| CIK SARAH AZREEN BINTI ABDUL SAMAT | 02-Jul-2021 | Acquired | 550,000 | 0.900 |
| ENCIK MUSTAKIM BIN MAT NUN | 02-Jul-2021 | Acquired | 550,000 | 0.900 |
| CIK SARAH AZREEN BINTI ABDUL SAMAT | 29-Jun-2021 | Acquired | 7,300,000 | 0.670 |
| ENCIK MUSTAKIM BIN MAT NUN | 29-Jun-2021 | Acquired | 7,300,000 | 0.670 |
8) Since the future is bright in renewable energy & the fundamental is strong this is the time to buy Kpower while cheap
9) Calvin thinks after the noise & dust are settled Kpower should rise up to Rm1.00. From there it will continue to move higher and higher as more and more people discover its potential in the Renewable Energy Sphere which is the Future of Clean Green Energy due to climate change
Best Regards
Calvin Tan Research
Please do your own due diigence before buying or selling. In double please consult your Remisier or Fund Manager.
Note: This post is not exhaustive. Will update as we discover more and more about the good potential of KPower in the
Bright Sunrising Industry of Renewable Energy in which Kpower is now a Top Leader.
Thank you.
sustainable future = Renewable Energy
https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-07-12-story-h1567951036-KPOWER_Some_Takeaways_after_One_to_One_Talk_with_Kpower_Management_Toda.jsp
