https://www.thestar.com.my/business/business-news/2024/03/12/ytl-powers-wessex-water-likely-to-return-to-the-black .
As dragon pointed earlier wessex will be profitable soon.

It's a quiet day.. all waiting fed decision ?

Now we just need some dividend news..

Yes 2.56m shares , today no Volatility , hmm a delay time fuse for to go up ? As common sense going down is way faster then going up.

@OTB, sorry didn't put it clearly , FBMKLCI is 22 times undervalue, if GDP is an indicator, but reasonably the major companies value in this country had not growth in line with GDP growth.

@OTB simply put
Year 94 GDP - 74 billion MYR
Year 2022 GDP - MYR 1.7 trillion , ~ 22.97 times . One reform needed is clean up lots of garbish stock in the market , and SC with far tighter monitoring. But Ytlp and Ytl is a good integrity stock .

@Abcdefg123456789 yes same thought exactly haha

But.. Local Retail inflow looks (5 counter) like Foreign Outflow , same also for Local Institute Outflow have similar hit for Foreign Inflow.

@cgtan2020 thanks for the link , and funny all three group Local Retail, Local Institute , FF have no common interest last week haha

@dragon328 , ytlpowr doesn't seem to fluctuate base on insider trading (rise before news and sell on news), or am i wrong ?

@speakup Najib sentence is being reduce.. because Anwar is going after Dr M and Najib still have influence on Umno. To tackle down Dr M , it also need to tackle down the whole Idea behind him. The more support Anwar got the better , as there will be less disturbance.

@AlTugauw The Palestinian had start working with Israel people on the west bank, and that is why you don't see a massive west bank uprising. And seriously this is non of Malaysia business. The land had been in turnmoil since ages , it's time they get to sort it out.

Perhaps taking TDM down is the first step, taking down the man of idea originator , will it break the idea ?

@Jonathan Keung , developed country is a relative term, like the student rank in a class. And yes that mean beat the 80% or 90% of other classmate. Getting there but there is still some flaw in our system , take for instance ytlpowr what it worst fear ? I guess force take over by government which happen to SP Setia and Kuok Sugar company. After SP setia , i think ytlpowr shift it's entire portfolio to external country , can see from it's finance earning most are from foreign country , that's perhaps a strategy to avoid force take over. Do the new government forever renounce it's intention to nationalize private company? Or perhaps jailing the cronies that benefit from this operations is a first step.

@dragon or @OTB , what if Hang Seng (a sure thing to happen just the when, they are holding with their final strength i am afraid , structural collapse end deal) and STI got pull down with it ? Where do ytlpower stand or KLSE. I suspect the Dr .Yu guy last week got burn badly in Hong Kong stock and got margin call by bank, hence the minor small cap collapse ( wonder how bad is the bank burned in this sale out).

This look like all line retreat , hang seng downfall finally catch us ?

OTB the glove on 2020 is not a systematic gain, the money earn did not circulate into the system in a constructive manner , hence market is back to initial state ( the middle income trap) , i wonder if this round we can break through that.

And to be able attract massive western foreign investment, someone or legacy need to be burn on the stake. And he is not going out without a fight. Good old fella.

dragon how tight was cgtan ?
Money money where you going to run .
Coming after saturday:
1) taiwan green win big (although the more likely scenario), foreign fund (might be small precautionary) need to exit taiwan market incase china gone mad.
2) taiwan green marginally win (the best scenario), china fund and foreign fund in China need to run, there is no war , and Xi will wipe them all out if stay longer. There is only Xi index in China.
3) taiwan blue camp win , the foreign money in taiwan need to run.

Also Japanese firms have decided to drop their plans to get involved in a high-speed rail project.

@OTB, rr88(or JerrymeCo) is only here when he is being given instruction to be here.
But his instructor is pretty sharp also.

Must be the tuesday meeting haha

Enter the BUYER.

China’s Zhongzhi Enterprise Group has declared bankruptcy, following a calamitous year in which it sparked fears that the world’s second-largest economy was facing a “Lehman moment”. Last Friday. These fund could be like scatter wet rats finding dry land.

Just a short fall, back to 3.4 d, rr88 sale perhaps ^ ) but the buy side really very aggressive , don't want to wait also..

Hi @dargon, this move probably move a bit too fast to your expectation as well, how long will this foreign fund stay.. but as value investor , this is not your point of consideration.

It not just ytlp , it a broadside marching up (atleast to a few counter) , this is not a single counter movement since last week, also abit too fast. Someone is panic buying.

Guess I too get to tell a story .. You know i make 400% gain in 1 year, during CNY gathering ^ )

There is a massive fund exiting china market at the moment, and these fund need to go somewhere or back to USA vault for 5% gain. If ytlpower can give a good dividend (3%?) + very good growth, will they invest in it. Also it's just a small money for them .

@ytl2023 if myr rise against sgd .. we all get richer ^ ) then there is some others stock to focus on. So far no clear sign we are doing thing significantly better than SG . Unless SG Temasek investment in China totally tank, that's 25% asset of tamasek. That happen in before which is investment SFX although a small amount like 200M usd.

Opps @dragon that totally change the perspective.. Humpty Dumpty really don't know how high is the wall.

I am truely the layman ... i mistaken call-warrant ratio meaning..

User
I have a call-warrant of exercise price of 1.65, Conversion Ratio 1.5 : 1,now call warrent market value at 0.87, Underlying Stock Price 2.94, should i exercise the the warrant or sale it ?
ChatGPT
To determine whether to exercise the call warrant or sell it, you can calculate the breakeven price and consider the potential profit. Here's how you can approach the decision:

1. Calculate Breakeven Price:

The breakeven price is the price at which exercising the call warrant would result in neither a profit nor a loss.
Breakeven Price=Exercise Price+(Warrant Market Price/Conversion Ratio)

Breakeven Price=1.65+(0.87/1.5)
≈2.145

Even the call warrant is super undervalue(c33) , there are 4:1 (c41) one....

An attempt to explainby AI (Chatgpt) of Dragon comment on Call warrant.

-Pushing Down Valuation and Advising to Sell:

Investment banks might advise clients to sell off large positions in a stock (in this case, YTL Power) for various reasons. One potential motivation could be to earn advisory fees and commissions from these sell-offs. When clients sell, especially in large quantities, the bank earns fees for facilitating the transaction. However, the decision to push down the valuation might not always be straightforward and may depend on the bank's analysis of market conditions, the company's performance, or other factors.
- Issuing Call Warrants without Full Hedge:

Investment banks issuing call warrants without fully hedging by buying enough mother shares can be a risk management strategy. By pushing down the mother share's price, they may reduce the potential cost of cash settlement when the call warrants expire. However, this strategy involves the risk of the mother share price appreciating beyond their expectations, leading to potential losses.
Issuing more call warrants and hedging with mother shares is a more conservative approach but requires a significant upfront capital commitment. The decision to under hedge may be driven by a desire to minimize initial capital requirements.
-Earning Premiums from Call Warrant Issuance:

Issuing call warrants and earning premiums from the issuance can be a lucrative business for investment banks. This allows them to earn fees without necessarily holding the entire underlying position. However, this comes with risks, as mentioned earlier.
- Why Not Issue More Call Warrants:

While issuing more call warrants could bring in more fees, it also requires the bank to commit more capital for hedging. The decision may hinge on the bank's risk appetite, available capital, and its assessment of market conditions.
Additionally, continually issuing new call warrants might dilute the value of existing warrants and could impact market perception.

-- End--
I think the bank miscalculate a part , not the earning (that's predictable) , but influx of foreign fund and the fund stay. Bank will bleed for this, but they will recover from other operations.

@dragon328 just a layman idea, perhaps the long term prospect is not clear ? it's a turmoil year plus many uncertainty in external, those call-warrant are usually just 6 months period. So their strategy involve in reaping gain in short term?

UEMS is more crazy , confirm foreign influx.. utilities and property ..

荷蘭突然取消ASML DUV光刻機出口到中國許可
Holland block all ASML machine to China, mean China can't make it own chip (unless they make the ASML machine) , hence no AI chip. Malaysia seem like a good common ground?

Humpty Dumpty, counting shares on high,
Prospects in the sky, to sell or to buy.
As the market dances, its rhythm so fraught,
Wondering if now's the time, for profit sought.
(generated by an AI center in Malaysia soon)

Question of the day.. will the sell gang be back in the afternoon market. Happen a few time, in afternoon there is a large sell force and push the up price back to the start. But overall buy rate still above 60%

OTB can't blame rr88 or generic behavior of local investor , how many stock in KLSE behave like ytlp/ytl, a constant progression in this year , perhaps a change in fundamental how Malaysia economy works?

Before market close back to 2.8 or 2.3.. tommorrow AGM d, must have some good news. These guys are at it again, short dump to create panic, buy low , and tommorrow sell on news on 2.4.

If it's local bank trying to push the price down...they are losing money to foreign buyer .

The trading hours for the Malaysia KLSE share market are from 9:00 AM to 4:45 PM local time, Monday to Friday. After 4:45 PM, only a limited number of trading activities are allowed, such as:

-Crossing orders: These are orders between two parties who have agreed to trade directly with each other, without going through the exchange.

-Direct Business Transaction (DBT) Market: This is a market for off-exchange transactions between participating organizations (POs), which are licensed brokers and dealers.

Institutional investors are more likely to trade in the after-hours market than individual investors. This is because they have a greater need for liquidity and can handle the higher transaction costs associated with off-exchange trading.

- AI generated

"what's these pure amore doing with other pple's money?"
My guess is nowhere to run after exiting china market...

Nope it isn't but they are burning money in this. haha

There is really one group that trying to keep the price control down, ten minute from 10:50 keep on dumping on buy side.

Just an observation RHBBank also trend down after announcing record earning.

Bull probably got a point, there just not enough investor in Malaysia.
But give it time , now waiting the index fund, local or foreign mutual fund , EPF fund to chip in.
That dividen pay out is probably factor for foreign fund to hold longer. Imagine they already earn 70% , sale abit now and invest in other area seem like a good choice. Or invest in US treasury with the gain. Just thinking

All three downers speak the same thing.. it's a same gang trying to push down the price? strange.

Oh come on it's just a stock..

yesterday movement is abit strange afternoon section there is a sudden up in price and many c33 is taken then down again, close after 4.45pm main stock price back to 2.36, but today is down again so guess they cut lose today.

which c got 100k.. max is 20,000 volume at c38