Cypark Resources Berhad (CRB) is an integrated environmental engineering and technology provider.
Transforming dump sites, an environmental bane to an economic and environmental boon is the raison d’etre of our business.
As an environmental technology and engineering specialist, Cypark combines technologies and engineering proficiency, with high-end research and development, to develop systems specifically for restoring brownfields like the Contaminated Land Assessment Remediation and Information System (COLARIS), Sustainable Environmental Restoration (SER) and Groundwater Assessment Remediation and Information System (GARIS).
We have taken our business a step further by venturing into the renewable energy sector. We have transformed the restored landfill in Pajam, Negeri Sembilan into an integrated renewable energy park, an Entry Point Project under the nation’s Economic Transformation Programme. Such a project unlocks the economic potential of landfills, employing landfill by-products like biomass and biogas as well as sunlight to create renewable energy, which will undoubtedly help meet the country’s growing demand for energy.
Leveraging the synergy from restoring landfills to the creation of renewal energy has placed Cypark at the forefront of sustainable development and green energy generation. We are proud to note that the Pajam Solar Park has been awarded by the Malaysian Book of Records as the largest solar park in Malaysia.
At Cypark, we recognise that a balanced enduring approach is needed to ensure sustainability in economic activity, environmental responsibility and social progress. Our commitment to sustainable development is evidenced by what we do. We help to preserve our environment, preventing further degradation to land, water and air with a strong aspiration to help create a sustainable, healthy and economically stable environment for our children and future generations.
The company recorded a stable and growing up earning in the past few years and pay 5sen dividend in the latest 2 years.
From the 1 year chart, we can see that the downtrending is stop already and forming in higher low since 2015 Jan Rm1.72 follow by March Rm1.73 and recently strong support at Rm1.80.
11MP
- Power plants to generate a total of 7,626 megawatt electricity will be built, among them are three coal plants in Johor, Perak and Negri Sembilan, and two gas plants in Penang and Johor. These will involve a cost of RM28 billion and create about 35,000 new jobs
Summary,
-Cypark high chance will be one of the most beneficial company from the 11MP power plants project.
-Stable earning in the past few years.
-Chart new supporting at Rm1.80 (low risk)
01/04 - CIMB TP Rm2.37
11/02 - PBB TP Rm3.20
My Medium term TP : Rm2.08 follow by Rm2.30.
Happy Trading!
Regards,
Nick Loke
