@dragon328 nicely done

Yet you missed out 1 thing... what's your TP??? 😁

Yes you can actually say that

Hahahahaha so puny profit for so much revenue. Disappointing as expected

@Save to answer your question, JTiasa accounts this quarter have a deferred tax CREDIT. See the 2nd part of my example above. It's a REVERSAL credit/income

Accounting profit =/= Taxable profit

E.g.
Accounting may require you to recognise an income this year, cos you EARNED it this year
But under Income Tax rules, you will only be taxed when you receive payment (cash) for that

So you have a mismatch here

So let's say the income is 1m
24% tax is 240k

U pay no tax this year. Current tax = 0
But you need to recognise something called DEFERRED TAX = 240k
So total tax expense this year is 0+240k=240k

Then next year u sold nothing, did absolutely nothing
But you received that 1m cash

Current tax=240k (1m x 24%)
Deferred tax (reversing the expense last year)=-240k
Total tax expense this year=240k-240k=0

Complicated? That's why you need your accountants! 😁😂🤣

I think I will only consider trimming when I see RM1.60. that's another 17% before I trim

Yea @pang72 betui betui

Even let's say Francis Yeoh say punya 9.5 sen tak jadi, and we have say 8 sen for next year...

8 sen over RM1.36 now is 5.9%

Why sell??? Hold la of course!

@CommonMan, just "MAY", no guarantee. Some companies just don't like to call a divvy "final" because it sorta like ties them up, restricts them for declaring further divvy for that financial year. You can have company that pay 4 divvies a year and they call each and every one of them, including the 4th, as "interim".

Anyhow I don't expect any more dividends. Better reserve to pay in next financial year

Alternatively

Q1 interim
Q2 nothing
Q3 FINAL

meaning the directors are telling you don't hope for any dividend announcements in Q4

Interim means the company reserve the right to declare another out from current year earnings.

Q1 interim
Q2 interim
Q3 interim
Q4 interim
FINAL divvy

If they call divvy declared with Q4 as "final", means no more for that financial year lo

Just a matter of terminology only

Hahahahaha lousy

Wawawa cantik skali!

How they managed to buck the trend of lousy plantation results? 🤔

Getting closer to my entry price...RM1.0

Full-year number dragged by lousy Q1 and Q2. If you annualise 2nd half results, you get EPS of 16 sen - P/E 8.5 times only!

And 8 or 9 sen divvy seems very doable for next year

Last year 3 sen divvy
This year 4 sen

Next year will surely increase further

Conlan97firm can continue to hold

Both YTL Cement and YTL Power results handsome. It can only be good for Big Bro!

Serba DyNexMite

Koyak dahhhhhhh

@DividendGuy67 if 6.0% dividend yield I might as well buy more YTL 😁

Eh U turn naik balik pulak

No surprise, 1.65 sen divvy. But, see their cash flow statement. Nearly 100% of operating cash is paid out as dividend.

Amazonboy you got golden mouth

HAHAHAHAHA who dunno your mother is a woman

Can we report those spammers and get them banned? Nuisance

Look beyond the headline and go into the details

I like the numbers I'm seeing, namely growth in Non-Interest Income

Yea, as down as your morning wood?

Yea dragon328 I can see this becoming one of my cash cows 🤗

Bright spot for non-interest income
AMMB’s 1QFY24 non-interest income advanced by a solid 30% yoy. While this was partly driven by an 82.1% yoy surge in investment income, we are encouraged to note that its fee income rose by 11.7% yoy in 1QFY24, primarily emanating from a 77.5% yoy increase in portfolio management fee, a 52.8% yoy rise in corporate advisory fee, and a 226.9% yoy jump in bancassurance commission.

Reiterate Add on AMMB
We retain our Add rating on AMMB given its attractive valuation of 6.7x CY24F P/E (below the sector’s 9.4x). Potential re-rating catalysts include above-industry loan growth, expected decline in LLP in 2Q-4QFY24F, and potential partial write-backs of management overlay (of RM362m at end-Jun 23). Potential downside risks include material deterioration in loan growth and asset quality. We maintain our FY24-25F EPS forecasts and DDMbased target price of RM4.39 (cost of equity of 10.2%; terminal growth rate of 4%).

Source: CGS-CIMB

10 sen divvy at 1.38 price is 7.24% divvy yield

REITs + power + cement cash cow businesses conglomerate

U find for me la! Sell? Silly!

Hohoo dragon328 also here. Let's hope Wellcall will be our YTL 2.0! 😋

Dividend increased from 1.6 sen to 2.2 sen. Nice!

Tutup mata tunggu wang saja now 😅😅😅

Let them go insolvent

Then force them restructure or breakup into smaller companies

State win, common rakyat win!

Let the greedy capitalists pay the price

Chairman Xi sengaja want to make those property giants suffer, cos they expanded too aggressively in the past

This is China's way to make the capitalists toe the line

"Common prosperity" ma!

Cannot let property developers and speculators make big money at expense of common rakyat

Chairman Xi the wisest

Quality blue chip Maybank rewards long term holders

Traders will get burnt

That spammer i3lurker is spamming China bad news all over the place. What's his agenda? 😉

Hahahahaha PaiKia

I always say, ALL stock market "sifus" are rubbish

REAL sifu quietly earn money himself, won't so free to "teach" u all for free
If teach for fee/payment, lagi teruk. Conlan97firm conmen

Woohoo divvy growth!

EPF is buying back again hahaha

@pang72 as I said we don't have crystal ball

So many companies out there that traded wayyyyyyyy below NTA, yet won't go up - we call those VALUE TRAPS

So it's perfectly natural that people get spooked when it finally moved up 😂

Have u guys wondered, WHY YTL stuck at 50 sen+/- for so long? 🤔

@wbwanabe no one have crystal ball to see the future

YTL have been stuck at low price for SO LONG, it's natural for people to get scared when it boomed up a lot

I personally bought in at 55 sen++
At 79 sen I sold a bit
At 89 sen I sold a bit
At 1.09 I also sold a bit

Now I'm gonna hold till I die already hahaha

I still prefer Ta Ann. More consistent

Why not u say natural disasters
Construction works afterwards
Need timber and plywood

Hahahahaha 😂

YTLREIT - Tourism recovery
YTL/MCEMENT - Construction boom cos gomen to pump-prime economy with major infra works
YTLPower - Green energy and data centres

Everything about YTL is up up up!

Teach students to accumulate good "karma"? Don't be so naive.

Sudah 1.31!

Betul Mabel meow

P/E, wonderful growth story, sentiments, etc mean little if the company is not returning wealth to its shareholders in the form of dividends

Dividends are real and quantifiable

Buying a stock purely based on story is like playing musical chairs with the Market