Well said Dave - totally agree with you.

The mother of all TPs where even IBs dare not tread.

TP given by Wolf of Wall Street of Rm6.00 I- not impossible but astounding.

YTL Corporation Berhad's estimated fair value is RM6.06 based on 2 Stage Free Cash Flow to Equity

https://finance.yahoo.com/news/ytl-corporation-berhads-klse-ytl-231204586.html

KGB poised to surge on the uptrend in Semis.
--------------------------------------------------
KGB for: (i) being a direct proxy to the front-end wafer fab expansion,

(ii) its solid earnings visibility underpinned by both robust order book of RM1.3b and tender book of >RM1.9b

(iii) its strong foothold in multiple markets, i.e. Malaysia, Singapore and China.

(iv) KGB starts production at second LCO2 plant.

I believe Q1 2024 result should be good.

I don't blame them Dave YTL is arguably the best stock to buy and keep. However its good to diversify ones portfolio in to good well run and good divvy stocks like Crescendo.

PE of 15 is RM6.30

In a few days time Crescendo will receive another rm 111 million. Just based on profits from 3 land sales, Crescendo Q1 FY25 will make at least rm 335 million after tax or rm 1.15 per share for the First Quarter FY25. ( announcement due in late June) More special dividends may be in the offing or even a bonus issue.

I feel the above developments will be a powerful catalyst for Crescendo to surge past RM4.80. In the meantime I expected Crescendo to trade in a range of 3.50-3.80 level.

Be patient folks.

AI Boom’s Secret Winners?

The Companies Expected to Power It. YTLP.s Green Green Power & Water -set to benefit

Utilities to see booming demand as more data centers go online.- YTL, TNB & Ranhill.

https://www.bloomberg.com/news/articles/2024-04-27/ai-boom-s-secret-winners-the-companies-expected-to-power-it?embedded-checkout=true

AI Boom’s Secret Winners?

The Companies Expected to Power It. YTLP.s Green Green Power & Water -set to benefit

Utilities to see booming demand as more data centers go online.- YTL, TNB & Ranhill.

https://www.bloomberg.com/news/articles/2024-04-27/ai-boom-s-secret-winners-the-companies-expected-to-power-it?embedded-checkout=true

https://finance.yahoo.com/news/ytl-corporation-berhads-klse-ytl-231204586.html

Key Insights

YTL Corporation Berhad's estimated fair value is RM6.06 based on 2 Stage Free Cash Flow to Equity

Current share price of RM3.03 suggests YTL Corporation Berhad is potentially 50% undervalued

Our fair value estimate is 111% higher than YTL Corporation Berhad's analyst price target of RM2.87

Key Insights

YTL Corporation Berhad's estimated fair value is RM6.06 based on 2 Stage Free Cash Flow to Equity

Current share price of RM3.03 suggests YTL Corporation Berhad is potentially 50% undervalued

Our fair value estimate is 111% higher than YTL Corporation Berhad's analyst price target of RM2.87

https://finance.yahoo.com/news/ytl-corporation-berhads-klse-ytl-231204586.html

Pos Stock M-Cap as at 26/4 P/E
------------------------------------------------------------------
1 MAYBANK 118135461959.68 12.29
2 PBBANK. 81719012204.35 12.28
3 CIMB 70593871096.70. 9.86
4 TENAGA 68984995902.32. 26.50
5 IHH 55219842743.01 16.28
6 PCHEM 54960000000.00. 31.41
7 CDB 49037703389.84. 31.30
8 PMETAL 44081955112.30 29.05
9 HLBANK 41750254149.84 10.67

10 YTLPOWR 36125825721.96. 10.69

11 PETGAS 35656749108.30 18.76
12 MISC. 35219327582.67. 17.98

13 YTL 33427033750.20 9.03

14 SIMEPLT 30636615682.43 15.07
15 NESTLE 29828400000.00 45.20
16 MAXIS 28038836053.80 28.26
17 IOICORP 25455055929.75. 28.70
18 KLK 25276697918.00. 32.71
19 AXIATA 25250274175.50. loss
20 RHBBANK 23574914555.50. 8.39
21 TM 23447908790.80. 12.44
22 PPB 22619323130.10 15.92
23 PETDAG 21697035360.00 22.44
24 SUNWAY 19644237976.54. 22.96
25 HLFG 19324184427.60 6.64
26 SIME. 19151829191.37 5.12
27 GENTING 17407263484.51. 7.68
28 AIRPORT 17019255206.40. 31.33
29 QL 15672751975.16 35.20
30 GENM 15438916084.80. 42.78
31 MRDIY 14550607366.68. 25.95
32 GAMUDA 14540621082.75 16.17
-------------------------------------------------------------------

YTL & YTLP is still considered value buys due to its undemanding or rather low PE valuation coupled with its high growth prospects in Green Data Centre Park using the most powerful AI Technology- in collaboration with Nvidia.

The cheapest Composite Index stocks (YTL & YTLP- in terms of PE Ratio. Just around 10 times- so much room to catch up with the average PE of 15 ( CI 30 counters.).

The cheapest Composite Index stocks (YTL & YTLP- in terms of PE Ratio. Just around 10 times- so much room to catch up with the average PE of 15 ( CI 30 counters.).

EAGLE don't be a chicken. - YTL & YTLP- both are Gems - Multi bagger stocks.

The decision to sell buy or hold is always yours. If your target is reached by all means sell.

Hmmm interesting news for YTL n YTLP - both. will fly like an EAGLE

In the research report update yesterday by Hong Leong, it gave an update on YTL Power's data centre business:

i) YTLDC – a 500MW capacity of green data centre plan over 10 years (depending on demand). We understand the first phase of the planned 48MW DC1 (mainly for Shopee) will begin contributing in 4QFY24. YTLDC has also started construction for DC2 (estimated 100MW) for AI cloud infrastructure (under YTLCom) and is working on next DCs in the pipeline (potentially 100MW each) for potential clients. When the segment matures, the earnings contribution could be in the tune of billions and we do not discount potential monetisation of the assets.

ii) AI-DC – estimated 100MW, collaborating with NVidia for technology and support (under YTLCom). We understand the first stage will be utilizing NVidia’s H100 chipsets and the subsequent stage will be utilizing NVidia recently launched GB200 chipsets. We understand that YTL will be one of first deployment of GB200 globally (given priority by NVidia), thereby resulting strong demand for YTL’s AI infrastructure. Given YTL’s strong balance sheet, we reckon it could become NVidia’s go to partner for ASEAN expansion.

iii) RE ventures – 500MW LSS to support YTLDC’s green powered capacity with further growth opportunities for potential RE export growth. Up to 122.5MW WTE to be co-developed with KDEB.

YTL Corp remains undervalued with solid earnings, upside potential

“YTL Corp has strong catalysts from strong earnings momentum (driven by the utilities segment), strong cash flow and dividend payout, [its] leverage to mega infrastructure projects, and new ventures into DC (data centre) and RE (renewable energy) segments for the group’s next stage of growth,” it noted.


https://theedgemalaysia.com/node/709306

YTL Corp remains undervalued with solid earnings, upside potential

“YTL Corp has strong catalysts from strong earnings momentum (driven by the utilities segment), strong cash flow and dividend payout, [its] leverage to mega infrastructure projects, and new ventures into DC (data centre) and RE (renewable energy) segments for the group’s next stage of growth,” it noted.


HLIB

Severely undervalued stock - accumulate. Pays good dividends and has a cash hoard of RM200 million. Market value now only 460 million.

Bro Paid up, of only 280 million not 480m shares.
-------------------------
Investor77 After Ex Div of 18 cents, most likely will climb up again due to profit from land sales. From land sales, Eps may touch RM 1/ share, from Number of Share Holders of only 480 million !!
22/04/2024 5:07 PM

Crescendo - Hits Record High after Second Land Deal with Microsoft. More to come?

Compared to its current share price of RM3.70, Crescendo is trading at 25% discount to book value and 63% discount to RNAV ofRM10. (Including the total net gains of RM390m from all the 4 disposals, its book value will surge to RM4.90 per share).

What is the fair value for a premier developer of industrial property in Johor with huge undervalued landbank, consistent dividend payout of 50-60%, strong earnings visibility and a proxy to rising industrial land prices amid data centre boom and rising momentum in Iskandar Malaysia?


https://klse1.i3investor.com/blogs/bursachatgpt/2024-04-21-story-h-183...

I believe with Farhash be out of the picture, all is clear now for Govt. to award the Rm1.1 billion NIISe project to HT PADU- the MOST capable among the 3 shortlisted. The announcement will be made pretty soon.

Interesting to know who will be buying the PP Private Placement that is slated later in October.

Someone may return for all you know.

First disposal - RM 117 million

2nd disposal - RM 111 million

3rd disposal - RM 315 million

4th disposal - RM 132 million

TOTAL SALES of Land------- RM675 million.

HeiTech Padu seeks to raise RM23 mil via private placement

https://theedgemalaysia.com/node/708295

MyEG, HeiTech Padu form partnership to collaborate on IT Projects.

https://theedgemalaysia.com/node/708057

HeiTech Padu bags RM190m system maintenance contract from JPJ


https://theedgemalaysia.com/node/707979

Wow Crescendo swimming in CASH.

Amanahraya Trustees Bhd, the trustee of Amanah Saham Bumiputera (ASB), reduced its stake in property developer S P Setia Bhd by selling 100 million shares on April 8, cutting its stake from 24.54% to 22.37%. The off-market trade was executed at RM1.41 per share, representing a 2.76% discount compared with the closing price on April 8. ASB remains the second-largest shareholder in S P Setia, behind Permodalan Nasional Bhd. ASB has been trimming its stake since the beginning of the year, with net disposals totaling 100.92 million shares. Additionally, ASB converted some of its Class C Islamic Redeemable Convertible Preference shares into ordinary shares on April 5. ASB trims 2.18% stake in S P Setia for RM141 mil

It has been reported that Theta Edge is eyeing several large-scale government projects but has yet to announce any successes.

The company earlier proposed an autonomous rapid transit (ART) system in Johor Bahru, in collaboration with SIPP Rail Sdn Bhd, Mobilus Sdn Bhd and Lion Pacific. A 24-member delegation from the Johor state government, led by the state’s Public Works, Transport, Infrastructure and Communications exco Mohamad Fazli Mohamad Salleh, went to Kuching in February for a test ride on the ART prototype vehicle.

Theta Edge, meanwhile, is understood to have been shortlisted for the National Immigration Information System or NIISe project, alongside DNeX and HeiTech Padu Bhd, The Edge reported last month.

The contract involves data integration from 13 modules of the existing border control system. Of the three shortlisted companies, Theta Edge is the smallest in terms of market capitalisation. DNeX is a RM1.31 billion company and HeiTech Padu is valued at RM238.9 million.

Theta Edge’s chief executive officer Datuk Nuraslina Zainal Abidin, meanwhile, told The Edge separately that the company is looking for suitable consortium partners to bid for a RM3.46 billion multi-lane free-flow toll system for toll roads.

The group is also participating in Prasarana Malaysia Bhd’s tender for an integrated common payment system in its public transport systems in Klang Valley, she was reported as saying in an article published early this month.

https://theedgemalaysia.com/node/707764

Yes, Theta is the front runner of the 3.5 billion MLFF project. It’s a massive project and also lucrative.

SP Setia is backed by solid fundamentals and profitability- an up-trending stock to watch esp. in Johore property play. NAPS per share is in excess of Rm2.90.

Gold Hits New High as Central Banks Ramp Up Purchases

China’s central bank added gold to its reserves for the 17th month in a row in March

WSJ, Updated April 8, 2024 at 4:00 pm ET

June futures on the New York Mercantile Exchange have gained 4.4% over the last week and nearly 11% over the last year.
Gold closed at another record high Monday, driven by central bank purchases.

https://www.wsj.com/economy/central-banking/gold-hits-fresh-highs-as-central-banks-ramp-up-purchases-7149ae68

KSL is a very profitable company.

Thanks Bro for your warm regards. Yes, YTL is a solid stock that is taking a breather after a massive run up. Crescendo is still running but Poh Kong will start sprinting to Rm1.60. Just my 2 cents.

Invest-888- Interesting information.

Poh Kong share price historic high was around RM1.60 in August 2020 with the gold price at USD2030, USD 1 = RM 4.19. Now USD 1 = RM4.73, GOLD price is USD2340 per ounce. In comparison, notice that the USD appreciates against RM by 13% and the gold price is increased by 15.2%.

Yes, gold inventory is RM858million according to latest quarterly report. At RM1.02, PohKong market capital is only RM410million.
Poh Kong is at very low price with gold business that hedge against uncertainty esp escalation wars now.

Crescendo has always been generous in rewarding shareholders- that's beauty of Crescendo unlike some companies that only reward their Directors. Keep it up Crescendo and Kudos the the fantastic management in creating value for the shareholders.

Be patient Bro. HTPadu's future is bright as it has expertise in Data Centre management and also currently owns a Data Centre. It's the ICT contractor for the Government.

HT Padu a cornered stock by Wong & Associates.

Looks like closing at the upper limit of RM 2.60 is highly likely.

RM1.1 billion NIISe project in bag? Yup, most probably.

Property developer Crescendo rises to record high on land disposal


KUALA LUMPUR (April 5): Crescendo Corp Bhd's shares surged to a record high on Friday following the announcement of the Johor-based property developer’s latest land disposal plan.
The counter rose as much as 5.86% to RM3.25 during Friday’s morning session, before paring its gains to RM3.22 by noon break. At RM3.25, the group is valued at RM903.09 million.

Crescendo, through its wholly-owned subsidiary Panoramic Industrial Development Sdn Bhd, has sealed a deal with Microsoft Payments (Malaysia) Sdn Bhd for the sale of a vacant parcel of freehold land spanning 1.1 million sq feet in Pulai, Johor for RM132.47 million. The group expects to realise a net gain of RM80.83 million from this recent proposed land transaction.

https://theedgemalaysia.com/node/707117

Potential REIT listing.

SP Setia is in the preliminary stage of listing some of its investment properties, and has identified a diverse list of potential assets in various sub-sectors such as Setia City Mall (retail), KL Eco City (office), and Tenby Setia Eco Park (Education). We think this would be a positive as it would lighten its balance sheet further.

TP Rm 1.56 as per RHB Investment Bank.

HTP's paid up is small at 100M. And free float is not a lot. Easy for TS Wong & Associates to push sky high. Of course with the proviso that HTpadu is the confirmed winner of the RM1 billion NIISe project.

Paid up is small 280M. And free float is so so small.

Easy for syndicates to push.

Valuation still attractive @ 18 times price to earnings.

Folks, to make money in stocks, you need to have vision to see them, courage to buy them & patience to hold them.

But sadly patience is the rarest of the three.

Folks, to make money in stocks, you need to have vision to see them, courage to buy them & patience to hold them. But sadly patience is the rarest of the three.

Folks, to make money in stocks, you need to have vision to see them, courage to buy them & patience to hold them. But sadly patience is the rarest of the three.

HT Padu will still be awarded the contract ultimately as it is the most qualified to handle the project.

This is a strong fundamental stock with good earnings outlook. PE Valuation still below 18X at 52 cents.

SP Setia ia taking a short break before resuming its uptrend. This is a strong fundamental stock-holding power and patience is key to achieve maximum returns.

Nothing miraculous as SPSetia is severely undervalued.

Back in 2011 PNB extended took over S P Setia Bhd at RM3.90 per share.

https://theedgemalaysia.com/article/pnb-launches-takeover-s-p-setia