As expected, SDCG opens higher than 50 cents. Currently, it remains to be seen whether Eco Asia's target price (RM0.60) can be achieved.

Solarvest’s 1QFY2025 results met expectations, driven by higher margin projects in the commercial and industrial sectors and full electricity sales contribution from its fourth cycle of the large-scale solar (LSS4) plants. Its prospects remain promising, underpinned by the government’s commitment towards renewable energy.

Kenanga expects its order book to be replenished in the upcoming months through the Corporate Green Power Programme (CGPP) and Net Energy Metering (NEM) initiatives. Its results have outperformed peers and given the unchanged industry outlook, its recent share price weakness may present accumulation opportunities.

Kenanga also expects a strong influx of job opportunities in the immediate term, driven by the 800MW CGPP with an end-2025 completion deadline and an additional 500mw quota under the NEM initiative. Based on our estimates, we expect Solarvest to stand a strong chance to secure at least 30%, translating to RM720 million of the total photovoltaic system EPCC (engineering, procurement, construction and commissioning) jobs under CGPP, which we estimate at RM2.4 billion. Its current order book stands at RM469 million.

This SDCG will definitely open higher next Thursday, probably at least above 60 cents
https://www.thestar.com.my/business/business-news/2024/09/10/solar-district-cooling-ipo-oversubscribed-14408-times

When the market is bad, people eat more bread. Ha

M+ gives SDCG a fair value of RM0.53, with an upside of 39.5%. It believes that the growth of building-management systems (BMS) products in which the company is involved is closely linked to the expansion of Malaysia’s construction industry, which accounts for more than 3% of the country’s GDP.
https://www.businesstoday.com.my/2024/09/02/ace-market-bound-sdcg-given-39-5-upside-on-listing-price/

Solarvest is awaiting mega EPCC solar projects
https://www.businesstoday.com.my/2024/09/02/awaiting-mega-epcc-solar-projects/

The buyer of the Courtyard by Marriott Malacca is likely to be the owner of a logistics company btw

https://theedgemalaysia.com/node/719963

Nice. Then more people will attend the AGM. It saves cost too

Yong Tai probably will declare special dividend

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E6%B0%B8%E5%A4%A7%E6%9C%89%E6%84%8F%E8%84%B1%E5%94%AE%E9%A9%AC%E5%85%AD%E7%94%B2%E4%B8%87%E6%80%A1%E9%85%92%E5%BA%97-%E6%A0%87%E4%BB%B717%E4%BA%BF

Southeast Asia has great potential for solar business
https://www.eco-business.com/news/mapping-the-future-of-solar-capacity-in-southeast-asia/