...RM 3 soon

https://www.youtube.com/watch?v=efVf8pyW7Hs

@xiaochen

i didnt get what you mean by dragging down the EPS

if you have a significant capex / investment for future return, wouldnt the depreciation only take place when the investment is completed and it started to commercially produce revenue?

In such a case, the EPS would not be affected significantly

probably its because the value of NVIDIA collaboration with YTLP is difficult for many analyst to quantify

i see it as a double whammy (power demand in Singapore and lucrative DC demand in Johor)

https://www.thestar.com.my/business/business-news/2023/12/12/boom-time-for-malaysian-ai

SPI Asset Management managing partner Stephen Innes said the surge in share prices of AI-linked companies is just the beginning and investors have not fully digested the strong upside prospects of this latest development in the tech space.

“We are only seeing the tip of the iceberg on a decade-long transition to AI.

https://wccftech.com/nvidias-h100-gpus-powered-ai-powerhouses-data-centers-consume-electricity-equivalent-to-entire-nations/

NVIDIA's H100 AI GPUs will reportedly reach a deployed capacity of a whopping 3.5 Million units by next year, consuming enough electricity to power entire countries.

we shall choose long term value stocks with goreng2 potential..he he

last few years i think KCChong losing money i think with his China stocks...not been tracking him..

if i am to name two long term investors who consistently made money ..its intelligent investor and TanKW...these guys are definition of long term investors with great insight..very few can make returns like them

any strategy is no harm one...as long as can make money..i thought sifu charlest might have long term insights too...guess no

oh..despite me trying my best not to poke..he got pricked already..lol!

i want to know what is Charlest pick for 2024...guess it changes very fast that you cannot choose any for long term..am i right?

what is interesting..none of these old faces disappear from i3 to retire and be happy with the money they made even after 10 years...guess money is never enough or perhaps the fun of winning is the main aim than the money

now i become a student only..no more calculations..let others calculate..lol!

i wonder what sifu charlest and OTB made from 2013 till now..what is the % gain like

they are the true Bursa warriors..along with few others i know like Pang72, hng33, Intelligent Investor, gohkimhock ...

Explains why Nvidia & YTL investing DC in Johor

https://w.media/johor-batam-singapore-plus-dci-report-2022-data-centre-colocation-hyperscale-cloud-interconnection/

The overflow scenario has emerged in Southeast Asia as the Singapore data centre market enters a new phase in its evolution. A data centre build pause, put in place by the Singaporean government, effectively put a halt to the development of new supply. And while the moratorium was recently lifted, new data centre expansions will be subject to close scrutiny and probably be limited to a certain subset of operators and potentially open the door to more self-builds from hyperscalers.

Given where things are going in Singapore, the logical question is what next given that demand is not slowing down. More experimental scenarios such as underground or floating data centres have been explored, but the feasibility is questionable and the ability to serve aggressive levels of demand is just not there. Enter the overflow market. And in the context of Singapore, two nearshore locations have emerged – Johor in Malaysia and Batam in Indonesia – to try and accommodate the demand that Singapore will be less and less equipped to serve over the long-term.

Johor and Batam are situated in different jurisdictions and the underlying connectivity takes different routes. In the case of Johor, terrestrial connectivity is available, but for Indonesia, it is via subsea cables. But both locations are in close proximity and this eliminates performance degradation for a large cross-section of the workloads that exist today. Serving Singapore through Johor and Batam is entirely feasible and both operators and capital are looking very closely at the opportunity and making bets.

Looks like Nvidia has to go full swing on date center expansion in Malaysia considering the constraints in Singapore

and look at the growth in power consumption from data center


https://www.akcp.com/blog/singapore-lifting-the-ban-for-new-data-centers-whats-the-catch/

The Terms For New Data Centers

Limiting Capacity

Singapore’s government has opened up, lifting the ban for new data centers, but with constraints, including limiting the power capacity for new facilities to roughly 5 megawatts. The moratorium was a good thing to slow down the rate of expansion and reflect on the issues about sustainability and the challenges faced by the electrical grid network.

The capacity ceiling may be sufficient for retail operators, but it will be a hindrance for facilities catering to hyperscalers like Amazon, Microsoft, and Apple, which typically demand 8-24 megawatts of electricity.

MTI said it is reaching out to industry players for feedback and further input on the amended policy, which has yet to publish comprehensive instructions. He explained that the industry’s work in 2019 was critical in helping the government devise a system that will allow the sector to grow in a sustainable manner while also ensuring that Singapore meets its climate change mitigation targets in the coming years.

As of last year, there were 70 data centers in Southeast Asia’s wealthiest country, with a total power capacity of 1,000 megawatts.

According to government data, these server hosting facilities were responsible for roughly 7% of the country’s overall power usage in 2020, up from 5.3% a year earlier.

In singapore, 7% of total power consumption goes to Data Centers....i think just a rise by another 2% (from Nvidia's growth) will make significant rise in YTL Powerseraya margin for 2024 & 2025

The below means, the power demand will exponentially rise in Singapore due to Data Centers there which is generating 15% of Nvidia's revenue presently

YTL Powerseraya will benefit by the forecasted growth in Nvidia in 2024 too

Its a double whammy for YTL Power


https://www.forbes.com/sites/forbestechcouncil/2023/10/23/how-data-centers-are-evolving-to-meet-ai-demand/?sh=7ac0b81277ac

This means we must develop and deploy solutions capable of delivering ever-increasing power over time while simultaneously employing more efficient methods to make it happen.

As supercomputers continue to shrink and become more power-dense, our industry is constantly thinking about how we keep them cool, while concurrently tapping alternative power sources to support the increased energy demand.

Data Center Business: Nvidia’s data center business has accounted for three-fourths of its total revenue in fiscal 2024. With a revenue estimate of $15 billion for the current quarter, Nvidia could generate $44 billion in data center revenue by the end of the fiscal year. If the projected 150% increase in data center GPU shipments translates into an identical jump in revenue, the company could generate a staggering $110 billion in sales from this segment alone.


https://gameishard.gg/news/heres-why-nvidia-stock-could-double-in-2024/741118/#gsc.tab=0

Just listen to the 1st minute...though i still dont get it , it seems data centre is crucial and whoever monopolize can be the gods of the future..

https://www.youtube.com/watch?v=2yd18z6iSyk

@harvest, my guess is its better for large fund to acquire ytl before ytlp...as rise in ytlp share price from accumulation will push ytl share price higher leaving lesser for cheaper price accumulation...
Another reason could be ytl revenue is more diversified and monopolistic..giving higher resilience in income for long term..
Another one could be, politicians and king could be aware of award of hsr to ytl..and multiple large scale construction projects are being placed in line for malaysia...

@harvest6138, as requested:

Malaysia’s Top Stock Is Poised For More Gains After 200% Rally
YTL Power has outperformed other big Malaysian companies
The power producer is joining the Kuala Lumpur benchmark index

By Ram Anand
18 December 2023 at 04:00 GTS

A blistering rally in YTL Power International Bhd. this year has scope to continue as better performance from its overseas assets brightens the earnings outlook for the Malaysian power producer.

The share price has more than tripled in 2023, making it the biggest gainer among local companies with a market capitalization of more than 1 billion ringgit ($214 million). Analysts are still calling for a buy in the stock, predicting that it could climb as much as 59% next year.

YTL Power and its conglomerate parent are joining the benchmark FBM KLCI Index on Monday. YTL Corp., controlled by Malaysian tycoon Francis Yeoh and his siblings, has surged almost 230% this year.

Earnings from YTL Power’s venture in neighboring Singapore will remain strong next year on elevated retail margins, while contribution from its Wessex Water unit in the UK is expected to improve as inflation slows, according to analysts. Both countries make up more than 90% of its group revenue.

There could be potential surprises to its earnings outlook too. YTL Power is expected to benefit from Malaysia’s energy transition plans, particularly in the area of renewable-energy exports. Its tie-up with Nvidia Corp. to build an artificial intelligence data center in the southern Malaysian state of Johor is adding to the optimism.

“Having presence on both sides of the border, they definitely have a big advantage” in potential energy exports to Singapore, even though the regulatory framework has yet to be completed, said Hafriz Hezry Harihodin, an analyst at MIDF Research.

READ: Nvidia Data Center Tie-Up Boosts YTL Power to Record High

YTL Power posted net income of 2 billion ringgit on the back of record revenue for the financial year ended June. Its 12-month forward earnings estimate for this quarter alone has risen nearly 28%.

Even after soaring more than 200% in 2023 to a record high earlier this month, valuations remain undemanding. YTL Power is trading at about seven times forward-earnings estimates, compared with its five-year average of almost 13 times.

The company’s improving profitability is also boosting YTL Corp, which derives more than half of its revenue from the power unit. Another potential “wild card” for the main company — which also has construction, cement and hospitality businesses — is the revival of the Singapore-Malaysia high speed rail, said MIDF’s Hafriz.

They are “most likely” to put in a bid for the revived project, he said. Malaysia is currently accepting proposals from companies and consortium who are interested in undertaking the rail link

It will be extremely inefficient to expand data centers in singapore considering the power, water costs and space constraints there

Johor would be the ideal place for the next growth, perfectly providing what singapore is lacking while ensuring the rest of the aspects (political stability and competent resources) are maintained

Nvidia’s Q3 revenue soars thanks to Singapore

Analysts suggest this is because of the city-state’s significant density of data centers and cloud service providers.

//techhq.com/2023/12/why-was-singapore-central-to-nvidia-q3-revenue-success/#:~:text=The%20impressive%20growth%20puts%20Singapore,including%20Hong%20Kong%20(22%25).&text=Singapore%20contributed%20around%2015%25%2C%20or,the%20quarterly%20revenue%20of%20Nvidia.

Earlier this month, DCD reported that 15 percent of Nvidia's Q3 revenue came from Singapore, notably making the city-state on Malaysia's border the company's fourth biggest customer globally. Per capita, Singapore spent $600 on Nvidia chips, compared to $60 in the US and $3 in China.

It is unclear what has led to this huge demand, be it shell companies using the location, or that Singapore is developing products that will be sent elsewhere.

https://www.datacenterdynamics.com/en/news/nvidia-ytl-power-partner-for-43bn-ai-data-centers-in-malaysia/

to all the readers here who are refusing to respond or give any comments to the nonsense written by jerichomy, my greatest appreciation and respect...

any response, any texts including even like the one i am writing (forgive me this time), will only encourage further nonsense from them.... which is annoying those who are looking forward for comments with substance related to YTL like the one provided by @xiaochen, @dragon329, @planterman, @cgtan etc...

these people are looking for attention
continue ignoring..and such nonsense will fade out eventually

thank you

UBS buying must be after Nvidia tie up with YTL news

Nvidia strikes deal with Malaysia's YTL Power to develop AI infrastructure

https://www.reuters.com/technology/nvidia-talks-with-malaysias-ytl-data-center-deal-sources-2023-12-08/

https://themalaysianreserve.com/2023/12/08/nvidia-in-talks-with-ytl-for-ai-data-centres-in-malaysia/

Huang is also scheduled to meet with Prime Minister Datuk Seri Anwar Ibrahim today after meeting with YTL Power executives earlier in the morning.

YTL gone up almost 10%, it cannot be rumour anymore

@dragon328, thanks for enlightening..looks like the call warrants is the cause of their low TP

market has to realize that by end of 2026, its not that the earning contribution from powerseraya will shrink to zero

it has to be significantly profitable as else new players has no incentive for such huge investments..

laying cable from sarawak to singapore is no cheap investment and requires significant depreciation & maintenance cost

amazing..till 2026!

Posted by dragon328 > Nov 24, 2023 8:48 AM | Report Abuse

@cgtan2020, the strong performance from PowerSeraya in Q1 FY2024 is well expected as I have explained earlier in numerous occasions. PowerSeraya gross margin is not directly affected by gas prices while its revenue is more directly linked to gas prices.

Its gross margin is mostly locked in retails contracts (that last from 6 months to 2 years) and vesting contracts. Retails contract margin is determined based on supply and demand, while vesting contract margin is determined by EMA every 2 years.

That's why I expect PowerSeraya strong earnings to continue into 2026 at least, then we shall see how the peak demand growth will be able to match the scheduled commissioning of Keppel new CCGT unit in 2026.

in a nutshell, with current available power plant that's not going to change till 2025, the profit is purely dependent on demand, higher the demand higher the profit

added bonus to YTLP profit would be if the natural gas price goes even higher as they had hedged at low price for long term. Considering that Q2 24' has higher NG price compared to Q1 24', their profit will likely have this added bonus...

the lower USEP is due to cheaper natural gas cost shared by all power gen plants...it shows why its meaningless to look into USEP, all that matters is the marginal unit efficiency, i.e demand vs efficient power plant available

@cgtan, i think revenue is lower due to lower USEP but margin is higher due to higher marginal unit (as demand is rising forcing usage of lesser and lesser efficient power plant that is not used earlier)

i think 2Q 24' will have even higher contribution from powerseraya from a much stronger SGD vs MYR

slts expected 1.3 cents..LOL!

market was only expecting an EPS of 7 cents a little higher than Q3 23'.....this is whopping 50% higher than expectations...

RM 4 on the way....if you all see the 17th April 2023 investor presentation, its so much like dragon328 write up....dragon328 is no ordinary forumer

hope it gaps up 2.50 tomorrow...

congrats to all those who held tight! Thank you so much dragon328 :)

Found it:

https://www.bloomberg.com/news/videos/2023-11-20/ytl-corporation-s-yeoh-on-business-operations-video

i seems like the interviewer trying to get hints on HSR bidding but Francis keeping his lip sealed..i only saw half way...no new information..

he seems very optimistic with YTL & YTLP...

with such interview i doubt the earnings results will be below expectation..or at the least price will not drop after results (whatever it is)...this is my main take away

link has not come out on any website...as it just happened..may bloomberg may have a website...dont know how to find it

Francis just gave an interview on Bloomberg asia

thanks dragon328 for the confidence

@unknownspecies, i also almost gave up when it went below 1.90 on 23rd Oct...it was really tough to hold on, i sold and bought back the same day

good closing, its super strong...have a great weekend

thanks to dragon328 and OTB that enable me to stick with YTLP till now

https://www.nst.com.my/business/corporate/2023/11/976562/ytl-power-and-ytl-corp-could-be-new-constituents-fbm-klci

YTL's Yes 5G is Apple's latest network partner in Malaysia, offering uncapped speed and data

https://www.nst.com.my/business/corporate/2023/11/974311/ytls-yes-5g-apples-latest-network-partner-malaysia

I think if they advertise really well, they can capture higher market share easily....

I like YTL communications' boldness...

.....

Telcos should not impose additional charges on users switching to 5G, says YTL Communications CEO

https://theedgemalaysia.com/node/688671

Thanks OTB..