al legasov's comment on MALAKOF. All Comments

al legasov
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Malakoff's biggest revenue is derived from the IPP power plant (since GB3 Lumut has expired) and the upcoming Prai plant also expired their revenue will be severely impacted. Although they claimed that they are in transition to Renewable energy, in effect, more than 90% of revenue comes from coal plants ( FY 2022 they had MYR 8 million in revenue and 7 million are derived from Coal plants), SP Global also forest that the ACP (applicable coal price) will be reduced in FY 2024 after the global energy crisis, and many countries are switching to renewable energy, where Malakoff only makes money when ACP prices are high, hence I am a little pessimistic whether Malakoff able to maintain the dividend yield and the profit generation
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Tenaga Nasional
they are not able to fill the up gap of the power plant in a short period of time, dividend yield will be tough.
Like · 1 year · translate