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B.I.G INDUSTRIES BHD - 7005 might just be another unknown small cap company to you. Actually, B.I.G stands for BINTULU INDUSTRIAL GAS. Headquartered in Sarawak, this small company might be playing a big role in renewable energy in East of Malaysia.


The word RENEWABLE ENERGY is a very big scope. From upstream production to downstream consumption, there is a lot of different application and implementation.



As for B.I.G INDUSTRIES BHD, it will be well positioned to fit into the role of manufacturing, fill and refill, maintenance and support of hydrogen gas / hydrogen fuel cell that will be powering public transport in Sarawak.







What is more interesting is the coming big investment that is coming from South Korea.


According to sources, big MNC (SAMSUNG ENGINEERING, POSCO INTERNATIONAL and LOTTE CHEMICAL) are going to invest heavily in Sarawak for green hydrogen gas and ammonia manufacturing.


SOURCES

https://www.theborneopost.com/2021/10/08/samsung-engineering-to-develop-sarawak-h2biscus-green-hydrogen-ammonia-project/


https://www.thestar.com.my/business/business-news/2021/10/11/samsung-leads-green-energy-job-in-sarawak


https://www.bernama.com/en/business/news.php?id=2016081


Amongst all, SAMSUNG is the one spearheading the investment to make Sarawak a crucial hydrogen supply hub in Asia. Other investor include Australia.



WHY SARAWAK IS A GOOD PLACE FOR GREEN HYDROGEN AND AMMONIA

MANUFACTURING.



The term GREEN means harvesting energy from the sunlight or wind power and use the electricity to break water (H2O) through electrolysis into Hydrogen and Oxygen. The whole process will then produce 0 carbon emission.


SARAWAK is a good place for this because of the ample sunlight being in the tropical weather country, and is easy for sea freight with a long coastal line. The Sarawak state is also steady without much natural calamities.



As big MNC come into SARAWAK to develop Gas manufacturing plant, one of the ultimate beneficiaries will be B.I.G INDUSTRIES BERHAD as they have record of handling logistic of gas related business.



B.I.G will be undergoing a 20% private placement to boost it's cash level. I believe that B.I.G will be looking to undertake construction related projects as well as maintenance and logistic support in the SAMSUNG, POSCO, LOTTE CHEMICAL multi million investment.




Current technical chart of BIG is very interesting at break out point from consolidation.


20% private placement must be done by end of December 2021 if price at RM 1.50, then there will be ample of upside potential for B.I.G for the next 2 months.




IMPORTANT NOTICE

Please be informed, I am not a professional or certified analyst. I am not a licensed consultant, just a normal retail investor. I am just sharing my ideas and opinion on the market outlook. Any company mentioned should not be interpreted as a buy/sell/trade call. Please do your own research and buy/sell/trade at your own risk.





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