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Solarvest aiming for robust growth in FY27…

Main growth drivers for FY27

Record order book of RM2.5 billion, equivalent to about 3.3 times FY26 revenue, providing earnings visibility through FY27 and FY28. Most projects are tied to utility-scale solar and the Corporate Green Power Programme (CGPP).
FY26 was a record year, with net profit rising about 54% to RM79.8 million and revenue increasing 41% to RM757 million. Strong execution of large-scale solar projects and recurring energy generation income contributed to the results.
Potential upside from CRESS projects (Corporate Renewable Energy Supply Scheme), which could add new contracts once regulatory clarity improves. Some analysts expect project awards to emerge during 2026.
Battery Energy Storage Systems (BESS) are seen as the next growth area. Solarvest is positioning itself to benefit as Malaysia expands energy storage alongside solar deployment.
LSS6 solar tenders are expected to be another significant opportunity for new order wins.

What analysts are saying

Several research houses remain positive because of:

Stable profit margins.
Strong project execution track record.
High order-book visibility.
Leading position in Malaysia’s solar EPCC market.

UOB Kay Hian maintained a Buy call and raised its target price to RM3.50, believing further re-rating is possible if Solarvest secures additional renewable energy projects.

Things to watch

The biggest near-term uncertainty is the final structure of the System Access Charge (SAC) under CRESS. How this is implemented could affect the pace of project awards and adoption.

For investors, the key metrics to monitor over the next 6–12 months are:

New CRESS contract wins.
LSS6 tender results.
BESS project awards.
Whether the RM2.5 billion order book continues to grow.

Overall, the outlook for FY27 appears favorable, with earnings supported by a large existing project pipeline and potential upside from new renewable-energy initiatives.

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Share Traders

On its listing day (20 May 2026), SkyeChip had one of the strongest IPO debuts on Bursa Malaysia in recent years.

Key listing-day performance:

IPO price: RM0.88
Opening price: RM3.50
Gain at opening: +RM2.62 or about +298% above the IPO price.
The stock briefly traded at nearly four times its IPO price as investors rushed to buy semiconductor and AI-related stocks.

Why was it so strong?

SkyeChip is involved in semiconductor IP and ASIC design, sectors benefiting from AI and high-performance computing demand.
The IPO was heavily oversubscribed, with the public portion oversubscribed by about 95 times, indicating very strong demand before listing.
Research houses were already valuing the company well above the IPO price before listing. One research target was RM2.00 versus the RM0.88 IPO price.

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Is it buy or sell? Only for clients so do fill up the link below:
https://bit.ly/openmplusaccountloh

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