@KLV868 yes

https://www.tradingview.com/x/YGbvuMWh/
Another hammer.....

https://acrobat.adobe.com/id/urn:aaid:sc:AP:5cc17bc0-f2e2-4061-a32b-8a5347312ae2

https://acrobat.adobe.com/id/urn:aaid:sc:AP:1953bffd-bc69-4b0a-b5fe-b850e6855225

really a very good news

https://www.ema.gov.sg/news-events/news/media-releases/2024/inaugural-rfp-award-for-new-generation-capacity-under-centralised-process-framework

@dragon328 thank you

@xiaochen inbox to you already the article

TA TP Rm 2.60 ⚒
AmInvest AffinHwang TP RM 2.70 ⚒
RHB TP Rm 2.95 ⚒
MIDF TP RM 2.99 ⚒
CIMB TP Rm 3.00 ⚒
Kenanga TP RM 3.06 ⚒
D TP RM3.28 ⚒😂
OLD HLIB TP RM 3.90 ⚒
MrFox TP > 4.00 ⚒😁
Uniholder TP 4.28 😁
CLSA TP RM 4.40 😁
RHB New TP RM4.69😁
SimplyyWlSt TP RM4.95😁
HLIB New TP RM 5.15 😁

Updated TPs

Keep BUY, new MYR4.69 TP from MYR2.95, 18% upside with c.2% FY24F
(Jun) yield. We stay positive on YTL Power, given its resilient earnings from
PowerSeraya and gradual improvements from Wessex Water. As for the
recent Nvidia artificial intelligence-data centre (AI-DC) collaboration, our
preliminary estimates suggest a full ramp-up in the 100MW AI-DC could
generate average gross annual net earnings of USD130m (60% attributable
to YTL Communications).
 PowerSeraya still the powerhouse. As retail market prices (>70% of total
output) are still holding up quite well, we believe the earnings moderation
may not be as significant as we initially anticipated, given that locked-in gas
prices should still deliver decent margins. This is despite the Uniform
Singapore Energy Price or USEP – the reference for pool prices – having
retraced to SGD131/MWh in Dec 2023 (-26% MoM, -37% YoY). We
estimate c.15% of the total output generated is sold in the pool market, as
the remaining 15% is still under vesting contracts that generally offer
relatively fixed margins. As such, we lift our PowerSeraya earnings
contributions predominantly in FY25-26 on more resilient margins.
 Assessing the AI-DC potential. We walked away from a recent closed group
meeting with YTLP MD Dato’ Seri Yeoh Seok Hong with more insight over
its Nvidia AI-DC collaboration. Through this partnership, it is able to be in
the priority list of chip access and has potential introduction to relevant
clients that tap on Nvidia’s network. The latter has cloud partners it works
with that require supercomputing powers and may also take up such
capacity for themselves. Although YTLP is aiming to kick-start its first
100MW Phase 1 AI-DC in six to 12 months, this ultimately depends on how
soon the infrastructure can be set up and clients’ contracts sealed. It is too
preliminary to assess what the earnings are, given that contracts have yet to
be locked in. Reuters once reported that DC investments require a capex of
USD4.3bn. If we assume an AI server costs c.USD300k, the 100MW AI-DC
may require about USD3bn capex. Contracts with clients could potentially
in the 3-5-year range. Assuming a capex of USD3bn, annual revenue of
c.USD140k per server under a 5-year contract, 60% EBITDA margins, and
70% debt financing, we estimate a full ramp-up the 100MW AI-DC could
deliver average gross annual net earnings of USD130m (equivalent to 29%
of FY22 core earnings) with a project IRR of 10%.
 Stay BUY. We increase our FY24F-26F earnings by 14-56%, mainly on
higher PowerSeraya contributions. Our TP is also lifted to MYR4.69 with the
incorporation of higher PowerSeraya and AI-DC valuations (12x
EV/EBITDA). We also incorporated a 2% ESG discount based on YTLP’s ESG
score of 2.9 vis-à-vis the 3.0 country median. Downside risks: Weaker-than expected plant performance and higher-than-expected operating costs.

@wendy76 any link for the document?

The top three sectors with the highest net foreign inflows
were Financial Services (RM112.2m), Utilities (RM97.3m),
and Property (RM86.6m), while the top three sectors with the
highest net foreign outflows were Consumer Products & Services
(-RM39.6m), Industrial Products & Services (-RM38.0m), and
Healthcare (-RM21.2m).

YTL Power Int. Foreign fund Net in flow of 79.7Millions

TA TP Rm 2.60 ⚒
AmInvest AffinHwang TP RM 2.70 ⚒
RHB TP Rm 2.95 ⚒
MIDF TP RM 2.99 ⚒
CIMB TP Rm 3.00 ⚒
Kenanga TP RM 3.06 ⚒
D TP RM3.28 ⚒😂
OLD HLIB TP RM 3.90 ⚒
MrFox TP > 4.00 ⚒😁
Uniholder TP 4.28 😁
CLSA TP RM 4.40 😁
SimplyyWlSt TP RM4.95😁
HLIB TP RM 5.15 😁

RM4.00 is a strong resistance.

https://www.tradingview.com/x/tuudLMci/

Foreign ownership of YTLPower is about 14% now, jump from11% in 23Dec2023

@moncmondo87 can you sent me the report, thank you so much

@dragon328 thank you again!!!

@dragon328 thank you!!!

@dragon328 what will be the PBA earning look like after tariff increase?

https://www.freemalaysiatoday.com/category/nation/2024/01/17/domestic-water-tariffs-in-penang-to-double/
@dragon328 @KingKKK your projection based on this figure?

@3.93 MCap 32B, L4QPE is 11.7x and FPE of 10.00

IDSS Vol 647,500
IDSS Val 2.54M

RSS Vol 203,100
RSS Val 793,874

TA TP Rm 2.60 ⚒
AmInvest AffinHwang TP RM 2.70 ⚒
RHB TP Rm 2.95 ⚒
MIDF TP RM 2.99 ⚒
CIMB TP Rm 3.00 ⚒
Kenanga TP RM 3.06 ⚒
D TP RM3.28 ⚒😂
OLD HLIB TP RM 3.90 ⚒😁
MrFox TP > 4.00 😁
Uniholder TP 4.28 😁
SimplyyWlSt TP RM4.95😁
HLIB TP RM 5.15 😁

Who can imagine it nearly hit 4.00 so soon.

@dragon328 finally it come!!! Congratulations to your predictions!!!

@xiaochen superb!!!

today RSS value till now is ZERO.

IDSS Vol 394,500
IDSS Val 1.48M

RSS till now is = ZERO. Good sign

@dragon328 Foreign fund currently hold more than 11% of YTL Power shares, 11% is as of 23-Dec-2023. later i check until last week

YTL Power Int. inflow of RM160.20

The top three sectors with the highest net foreign inflows were
Utilities (RM135.1m), Construction (RM114.6m), and Property
(RM51.2m), while the top three sectors with the highest
net foreign outflows were Financial Services (-RM129.2m),
Consumer Products & Services (-RM64.8m), and Industrial
Products & Services (-RM61.8m).

these few days really too much noise from the limit down frenzies, hold steadfast. YTLPower coming quarters profit will not change because of these noise. Have Faith. Have faith in year of Dragon and dragon328.

RSS trade Vol 374900 value at 1.37 Millions. AVG = 3.6543

Today RSS vol traded is ZERO. Data from Thomson Reuters. Hopefully tomorrow hit higher ATH.

@idkdontaskmelol you are right. That mean max short is 4.079 Millions. Thanks. 0.1% is good small compare to daily volume.

@NatsukoMishima in year 2030?

@Plantermen for the last 2 weeks, the bull seem to out run the shorties. 😂

@dragon328 Yes, there will be more volatility as there are more players in the stock, NSP just a indicator of the sentiments of the big players, time correctly you may make a quick trade. USEP still have maybe low impact on YTLPower but higher impact on KEPPEL or SEMBCorp. At least we see normalization is happening fast.

TA TP Rm 2.60 ⚒
AmInvest AffinHwang TP RM 2.70 ⚒
RHB TP Rm 2.95 ⚒
MIDF TP RM 2.99 ⚒
CIMB TP Rm 3.00 ⚒
Kenanga TP RM 3.06 ⚒
D TP RM3.28 ⚒😂
HLIB TP RM 3.90 ⚒😁
MrFox TP > 4.00 😁
Uniholder TP 4.28 😁

ATH 3.91.

NSP = 8,183,870 shares, increase from ZERO, 0.1% of total shares. SG's USEP normalized to 134.1 in Dec 2023 from 177.7 in Nov 2023.

@3.81 MCap = 31.082B, L4Q PE 11.47 FPE = 9.6875

@wkc5657 100% agreed with you!!!

https://theedgemalaysia.com/node/697317

extract....

A model similar to OpenAI's GPT would require more than 30,000 Nvidia A100 cards, according to research firm TrendForce. But a handful can run complex machine-learning tasks and enhance existing AI models.

@Plantermen a lot of the details on NVIDIA's AI DC still unclear, the MSP maybe is just what Kenanga Research speculate on.

PETALING JAYA: Foreign funds continue pouring into YTL Power International Bhd making it the top gainer among FBM KLCI-linked stocks on the local bourse this year.

In the year-to-date period, YTL Power’s shares had gained more than 44% at last Friday’s close and the gains have sustained amid some cautiousness from local investors who have been net sellers of the stock since the beginning of the year.

After an impressive 250% gain last year, the rally appears set to continue for the company, which has gradually seen a change in its growth profile as it is moved to tap revenue from new economic sectors such as green energy, green data centres and more recently, artificial intelligence (AI).

There seems to be no stopping its rise, at least for now even as recent moves have meant it is wanting to move away from the traditional utilities segment which is usually seen as a stable dividend yielding sector.

It is noteworthy that despite its rise, the stock is trading at competitive historical price-to-earnings ratio valuation of 11.3 times.

According to statistics by Dibots, YTL Power was the most net bought stock by foreign investors in the first trading week of the year with recorded net buying of RM110.2mil.

Conversely, YTL Power was among the most net sold stock among local institutional (RM22.7mil), retailers (RM41.2mil), nominees (RM41.9mil) and proprietary (RM4.4mil) investors for the same week.

Commenting on these, CIMB-KAF noted that sector-wise, foreign investors were the primary net buyers in the utilities and property sectors, while retail investors saw a contrasting trend as they were the largest net sellers in these two sectors.

The strong momentum keeps going for YTL Power, which derives most of its earnings from overseas such as the United Kingdom and Singapore.

A month ago, its widely reported partnership with US tech giant Nvidia Corp had excited investors as it was now also exposed to the strong growth prospects in AI.

For YTL Power, analysts said its outlook remains bright and valuations appear to be compelling despite its rise to recent price levels.

Its earnings remain on an upward trajectory with net profit in its first quarter ended Sept 30, 2023 rising by almost five times year-on-year (y-o-y) to RM847.9mil, while revenue rose by 15% y-o-y to RM5.45bil.

In its quarterly notes to its financial statements, YTL Power said its power generation business saw a better performance mainly due to better margins and the strengthening of the Singapore dollar against the ringgit.

In its report last month, RHB Research said it continues to have a long-term positive view on YTL Power’s collaboration with Nvidia.

It noted that the project may also boost its data centre take-up rate in Johor.

According to Kenanga Research, YTL Power’s collaboration with Nvidia will see it now being a “managed service provider” where it goes beyond providing a physical space and infrastructure to offer a range of managed services including software.

Kenanga Research has maintained its “outperform” rating on the stock with a target price of RM3.06, while RHB Research maintained its “buy” call with a target price of RM2.95.

RHB Research cited key risks to YTL Power include the execution risk for its Java and Jordan power plant projects and weaker contributions from the Wessex Water and PowerSeraya power plant.

https://www.thestar.com.my/business/business-news/2024/01/15/ytl-power-rises-to-become-top-gainer-on-bourse

Foreign investors switched to being net sellers on Bursa
Malaysia, ending a four-week streak of net inflows, with a
value of -RM93.1m. Every trading day saw net selling, except
for Monday when foreigners bought RM29.8m, with inflows
observed in stocks like Public Bank (RM42.2m), Sime Darby
(RM29.4m), and YTL Power (RM28.6m).
• The top three sectors with the highest net foreign inflows
were Utilities (RM181.4m), Construction (RM67.0m), and
Energy (RM51.8m). Meanwhile, the sectors with the highest
net foreign outflows were Consumer Products & Services
(-RM241.2m), Transportation & Logistics (-RM103.7m), and
Industrial Products & Services (-RM99.0m).
• Local institutions continued as net sellers for the third
consecutive week, with a total of -RM141.6m. The Technology
sector witnessed the highest net outflows from this investor
group, amounting to -RM122.6m.
• Local retailers continued to be net sellers of domestic equities,
amounting to -RM10.0m, although at a significantly slower
place compared to the previous week’s -RM383.3m.
• In terms of participation, there were increases in average
daily trading volume (ADTV) among local retailers (+2.6%),
local institutions (+3.4%), and foreign investors (+10.6%).

Foreign fund net inflow to YTL Power Int. 175.7M

@HuatRex1314 Agreed with you, TP must read together with PE and FPE and other indicators as well. TP only a guide.

TA TP Rm 2.60 ⚒
AmInvest AffinHwang TP RM 2.70 ⚒
RHB TP Rm 2.95 ⚒
MIDF TP RM 2.99 ⚒
CIMB TP Rm 3.00 ⚒
Kenanga TP RM 3.06 ⚒
D TP RM3.28 ⚒😂
HLIB TP RM 3.90 😁
MrFox TP > 4.00 😁
Uniholder TP 4.28 😁

ATH 3.68.

@chon99, Ranhill will be an exciting companies for YTLP....

@chon99, Tenaga is Monopoly electric utilities business and GLC, YTLP is more diversified utilities electric generation, water treatment, telcos, shale power and going to have AI Data Center, Digital Bank, Waste to Energy, EV Charing in SG. The future is exciting only if it can delivery the earning along the ways.

YTLPower Net Short Position is ZERO as of 12-Jan-2024. Continue the momentum next Monday, 15-Jan-2024.

@chon99 it won't be fair to compare Tenaga and YTLPower, their business nature overlap is only in Power Generation, it won't be apple to apple comparison. As for bridge the gap, YTLPOWR need to show the earning growth in coming quarters.