$ELRIDGE (0318.MY)$  As Malaysia becomes a place for big dat...

However, biomass power generator (maybe) is still not popular in Malaysia or overseas, since everyone want to go for "greener", or environmental friendly power supply (I only know Malakof still use biomass).

But, "greener power supply alternatives" = more money, yet "not-very-green power supply" (cough cough) = cheaper.

As this company mainly export biomass to overseas, and no one care for green house effect (bonk) (ok let's say they have good technology to reduce air pollution for power generator cough cough), there are still potential for this company to "stay alive" until all the tree in Malaysia being cut down, and we "hangus" because of green house effect.

My faith on this company : 50/50, ok for long term, not for becoming millionnaire immediately

Potential risks : In future, if there are cheaper environmental friendly energy generator, compared to using biomass plus export fees, this industry might go downhill. However, maybe not in near future, as new technology in environmental friendly energy need time, money, labour, research and development, to be implemented widely. Power generator using biomass still have long-term demand.

Notes: Only my opinion with my current knowledge, haven't done further studies on this IPO and biomass energy supply, will do 2nd part after study

please correct me if I am wrong too