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Overview
Financial Highlight
HeadlinesBusiness Background Taliworks Corp Bhd is a Malaysia based company, primarily involved in the activities of Water treatment, supply and distribution. It is also engaged in the business sectors of Construction and engineering, Highway toll concessionaire, and operations and maintenance operator, and Solid waste management. The group generates the majority of the revenue from the Water treatment, supply and distribution segment which involves management, operations, and maintenance of water treatment plants and water distribution systems. It operates in Malaysia and China, of which the key revenue is derived from Malaysia.
  IronShirt Gamuda and YTL also submit Bid for Rasau....I know for fact both include Price adjustment if Steel and others material inflate by 30% after certain period. Both Bids were Kicked Out. What makes you think Taliworks got a better deal? Air Selangor is Not Federal Government.....Political contributions are Not included in Bid. 15/03/2022 5:31 PM  sianglong91 Despite from the Rasau cost issue, wanna know further about the renewable energy acquisition... Long story short :did Taliwork bags in the company already or not?? 16/03/2022 6:01 PM The_JQuestion i dont follow the news but im sure gov wants to take over all tolls? which ones are left behind<< 11/04/2022 4:59 PM  Pinky TALIWORKS COMPLETES MAIDEN ACQUISITION IN FOUR SOLAR PROJECTS https://klse.i3investor.com/web/staticfile/view/457457 21/04/2022 6:07 PM MyWay TALIWORKS COMPLETES MAIDEN ACQUISITION IN FOUR SOLAR PROJECTS Kuala Lumpur, 21 April 2022 – Taliworks Corporation Berhad (“Taliworks” or the “Group”), an established infrastructure company engaged in water treatment, supply and distribution, highway and toll management, waste management and engineering and construction, has today officially completed the acquisition of the majority economic interest in four solar projectsfrom TerraForm Global Operating LP (“TerraForm Global”) and several of its subsidiaries. The said solar projects, located within the vicinity of the Kuala Lumpur International Airport, have an aggregate capacity of 19-megawatt peak. As part of the transaction, Taliworks also acquired TerraForm Global Operating (Malaysia) Sdn Bhd, an operations and maintenance services provider of the solar projects. Taliworks will be working diligently in the following weeks to complete the acquisition of the remaining minority economic interests. “Today marks a momentous day for Taliworks as we take a significant step to diversify our scope of activities into renewable energy. Our maiden acquisition will provide Taliworks with a solid platform to further expand into other renewable energy projects. Additionally, the four solar projects will immediately serve as a reliable contributor to the Group’s earnings and cashflow, as the projects are fully backed by renewable energy power purchase agreements with investment grade off-takers. This acquisition no doubt enhances Taliworks’ already strong financial footing and serves as a potential catalyst for stable growth, moving forward. With that said, Taliworks is very proud to be a player in the renewable energy sector, and we will work hard to continue our growth in this space,” said Dato’ Ronnie Lim Yew Boon, the Executive Director of Taliworks. 21/04/2022 6:19 PM investortrader88 https://www.theedgemarkets.com/article/taliworks-completes-four-solar-projects-acquisition 21/04/2022 8:03 PM IronShirt Tali missed Qr report release on 19May,....will delay to 31May...normally Holland results 21/05/2022 9:14 PM longtermvalue Usually they Post their QR last week of May. Any reason to suspect bad QR? 23/05/2022 3:31 PM sianglong91 Is it any addition or amendments to the QR results? Seems like this time delayed. 24/05/2022 10:59 AM Pinky yea stable dividend as always And Rasau packages contributing to construction division already 26/05/2022 5:50 PM 2Invest May be some of you here take this as a dividend stock. But bear in mind that a good dividend stock is if the company give away 8/10cents (not necessary 80% of EPS) he makes. But this company give away > 100% of its EPS that's send another message. That's my 2 cents. 10/06/2022 5:18 PM Pinky @2Invest EPS is calculated based on EARNINGS, a.k.a. accounting profits. In deriving at accounting profits, you have a lot of non-cash items like depreciation, amortisation, impairment etc, to name a few. Imagine you built a highway for RM100M. And you get to collect toll from it for 50 years. So, to put a simple picture, maybe you will depreciate/amortise the highway cost over 50 years, so it's RM2M p.a. You collect 5M toll revenue. RM2M amortisation. Earnings = RM3M Remember, the cost, the CASH is paid out during the construction period. You are only absorbing the accounting expense now. You are perfectly okay to pay out RM4M or even RM4.5M as dividends, after covering your cash overheads like salaries etc. 10/06/2022 5:39 PM ageetkumar Continuing the rationale from the discussion above, during covid lockdown times toll revenue would have been lower (indeed reflected in the reported revenues). But now toll revenues are back to normal. So shouldn't dividends be higher too? 03/08/2022 2:37 PM sianglong91 Steady dividend payout as always =) Wondering why LTH keep dumping the shares? 31/08/2022 9:01 PM jungleman @sianglong91 same thought here, wondering why LTH keep selling Taliworks 08/11/2022 1:41 AM getingreal Div should be announced tonight. Agreed of concern is LTH continued selling for some time now and I am sure it is holding the share price down. Maybe just a rebalancing. I think if LTH were serious in wishing to dispose, they should have no problem placing a big chunk or all in an off-market transaction (maybe Lim would buy?). They may of course have some inside info. Hard to see why they would sell a solid stock with a regular 7.4% Dividends as LTHs portfolio may not be overflowing with good Dividend stocks. It maybe they just need some cash to buy tea and cakes or new cars for the Management. 14/11/2022 12:30 PM getingreal Dividend announcement is due this week, but maybe they decided to wait until next week after the election as all eyes are now on the clowns in that circus. Payment is not due till end December so no real hurry to announce. 17/11/2022 12:34 PM sianglong91 Wondering if the new government will affect Taluworks operating systems or not 21/11/2022 7:36 AM sianglong91 The dividend payout is expected and we're all gonna love it. But... What's with the fall of net profits? 21/11/2022 9:00 PM getingreal It's OK, nothing to be concerned about, Dividends will continue. See: https://klse.i3investor.com/web/staticfile/view/479882 22/11/2022 12:08 PM sianglong91 The sellout because of the missed forecast of revenues?? But I do have faith that the rebounds in revenue happen at the next quarter report. Keep it for stable dividends and more solar energy is going to be harvested in the coming months. What concerns me is the dumps from LTH as there's no source about it. 21/12/2022 12:31 PM getingreal We will have to wait for the next report to see if the drop in profit was due to one off aspects. I note that T-Haji have not sold any shares since the end of November. Hopefully they have finished their selling. Time will tell. Div yield of 7.76 is undeniably attractive, so I see limited downside. 21/12/2022 6:04 PM Lester Teow Because the current dividend yield is not sustainable after langkawi gold egg missing 22/12/2022 6:24 PM getingreal Old news, Langkawi concession expired Oct 2020, more than 2 years ago. 22/12/2022 6:51 PM Lester Teow if they cant find another golden egg goose, cant sustain the dividend with current business. the solar farm is not impressed also 27/12/2022 2:07 PM getingreal We can only rely of what we are officially told by Taliworks reputable management who in this case are not conmen. Based on the assurances given in the following article, I'm not selling my shares and I fully expect to continue to get my dividends. https://klse.i3investor.com/web/staticfile/view/479882 29/12/2022 12:36 PM Pinky I have no concerns about their toll and water treatment businesses My only question mark is - "Is solar business REALLY a sustainable, profitable?" 29/12/2022 1:15 PM getingreal Again, we can only rely of what we are officially told by Taliworks reputable management who in this case are not conmen. Based on the assurances given in the following article the power production is already sold so cash flow should be assured. I think in the longer-term power can only get more expensive as its heavily subsidized in Malaysia, this bodes well for better revenue stream in due course. If Sola power is a dead end, then the whole world has it wrong. It is a must to lessen the reliance on coal and other fossil fuels. I expect large international sola power producers will emerge in coming years and may look at Taliwoks Power as a target for expansion. Who knows maybe Taliworks will be a big international player in years to come. With this acquisition Taliworks is already one of the largest, if not the largest Sola power generators in the region. I'm not selling my shares. SEE:- https://www.theedgemarkets.com/article/taliworks-completes-four-solar-projects-acquisition 29/12/2022 3:01 PM Lester Teow As at Sep'22, the cash flow is negative from operation. Means the partial dividend is funded by borrowing/reserve, not from operation. The reserve will deplete one day. 03/01/2023 4:09 PM Pinky True that. On second look, I'm sceptical the renewable energy segment can sustain this dividend level going forward. Took profit and moved elsewhere. Bye Tali, thanks for the past dividends. 08/01/2023 7:59 PM getingreal Dividend announcement is coming later this month. I expect 1.65 cents, again. 09/02/2023 2:28 PM sianglong91 Alamak the results...not very wow-ING, the authorities for the grants keep delaying and delaying. Its like a four legged table lost one leg... 17/02/2023 10:05 AM cwc1981 Just going through the results. Just wondering y the dividend payout is higher than earnings? Is this sustainable? 04/03/2023 7:21 PM  | | ||||||||||||||||||||||||||||||||||||||||||||||||
