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Morinami Plantation hopes to enter solar and digital centers
Morinami cultivation $SIMEPLT(5285.MY$ It was announced on Tuesday that the largest shareholder, the National Investment Agency (PNB), plans to jointly develop a 1,000-acre Jilin Integrated Green Industrial Park (KIGIP) development project. Of these, 660 acres will be used to develop solar power plants, which will be owned and operated by Senami.
The news spurred the stock price to skyrocket this morning. At one point, it rose to RM4.73, a 2-year high.
$SIMEPLT(5285.MY$
Given the company's huge basement, Bank of Malaysia's investment bank research analysts are optimistic that it will be the potential beneficiaries of the Green Industrial Park, the 5th largest solar project (LSS5), and data center requirements.
The company had already leased the land to a third-party solar power plant. Looking back at LSS4, about 40% of the quota granted by the government for solar power plants was on the company's land. In light of this, we believe the company has the potential to further benefit from the recently announced LSS5.
According to reports, the company is also exploring opportunities to develop data centers with partners. Analysts estimate potential locations including Kulai, Johor and Kedah Kulim.
Analysts believe the company may maximize profits by selling land to the government or industrial parks or renewable energy operators. Alternatively, become a large renewable energy provider to earn stable income, or rent out land.
Furthermore, the company also confirmed that the industrial sector will be within the next 5 years...
Morinami cultivation $SIMEPLT(5285.MY$ It was announced on Tuesday that the largest shareholder, the National Investment Agency (PNB), plans to jointly develop a 1,000-acre Jilin Integrated Green Industrial Park (KIGIP) development project. Of these, 660 acres will be used to develop solar power plants, which will be owned and operated by Senami.
The news spurred the stock price to skyrocket this morning. At one point, it rose to RM4.73, a 2-year high.
$SIMEPLT(5285.MY$
Given the company's huge basement, Bank of Malaysia's investment bank research analysts are optimistic that it will be the potential beneficiaries of the Green Industrial Park, the 5th largest solar project (LSS5), and data center requirements.
The company had already leased the land to a third-party solar power plant. Looking back at LSS4, about 40% of the quota granted by the government for solar power plants was on the company's land. In light of this, we believe the company has the potential to further benefit from the recently announced LSS5.
According to reports, the company is also exploring opportunities to develop data centers with partners. Analysts estimate potential locations including Kulai, Johor and Kedah Kulim.
Analysts believe the company may maximize profits by selling land to the government or industrial parks or renewable energy operators. Alternatively, become a large renewable energy provider to earn stable income, or rent out land.
Furthermore, the company also confirmed that the industrial sector will be within the next 5 years...
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$HARBOUR(2062.MY$
Strong balance sheet company -
500M + market cap company with 250M+ Net Cash and 880M net assest.
Chart showing good sign, after its spike on 24th Jan, price went sideways and now breaking out. If you look at the weekly base, it has formed a great base.
Can this form a new uptrend? How far can it go? leave your comment down below 😁
Strong balance sheet company -
500M + market cap company with 250M+ Net Cash and 880M net assest.
Chart showing good sign, after its spike on 24th Jan, price went sideways and now breaking out. If you look at the weekly base, it has formed a great base.
Can this form a new uptrend? How far can it go? leave your comment down below 😁
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Posted various analysis and videos on $Hang Seng Index(800000.HK$ And $Hang Seng TECH Index(800700.HK$ including my bullish views on $Lion-OCBC Sec HSTECH S(HST.SG$.
Recently, the Hong Kong stock market has been doing well.
It has shown even more bullish signs.
Watch the video on why this 5-month pattern for HSI is an important confirmation signal.
Follow me for fresher insights.
Why a Longer Inverted Head and Shoulders Might Signal a Stron...
Recently, the Hong Kong stock market has been doing well.
It has shown even more bullish signs.
Watch the video on why this 5-month pattern for HSI is an important confirmation signal.
Follow me for fresher insights.
Why a Longer Inverted Head and Shoulders Might Signal a Stron...
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$NVIDIA(NVDA.US$ Tatsuko really left me dazed all weekend last Friday. Fortunately, it took me a week to recover
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Tesla has just made significant price cuts (again) on three of its five models in the United States. Late Friday, Tesla slashed $2,000 off the prices of its Model Y, Model X, and Model S vehicles. These adjustments leave the price tags for the Model Y starting at $42,990, Model S at $72,990, and Model X at $77,990. Notably, prices for the Model 3 sedan and the Cybertruck remained unchanged.
The Model Y, a compact SUV and Tesla’s most popular model, is currentl...
The Model Y, a compact SUV and Tesla’s most popular model, is currentl...
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MA’s is flattering for bitcoin halving countdown. As long as it holds above TL or preious low, it is ok to do some sideways action.
$iShares Bitcoin Trust(IBIT.US$
$iShares Bitcoin Trust(IBIT.US$
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