Director, YEOH SOO KENG n EPF also bottomed fish YTLP stock....

YTLP closed day high which is very good sign
Recent technical adjustment of data centre and AI related stocks i believe is mkt is separating weed from chaff...
Also local funds were taking profit profits lately as some were bottom fishing when YTLP price tumbled to RM 3 last month where local funds were net buyers.

real counters that will benefit from long term data centre growth are non other than YTLP and Tenaga

nice... after back from lunch...got big angpau.

selling exhausted...cheap tickets all sapu by value investors

i am grad i able to get more YTLP at RM 3.67 average price today...shortsellers make me richer.
Fund flows turning from net outflow to net inflow now

funds are pressing down all data centre related stocks since last week... some stocks are not able to be pressed down anymore as we can see Tenaga, MNH start reversing. YTLP should recover very soon...

data centre related counters are dropping...funds continue to sell data centre related stocks

All eyes on US CPI tonite. If good, tech stocks will fly. If not have to brace for impact...

current YTLP valuation of 9x PER only reflect existing utility business not not AI data centre.
I hope analysts will see this...investors can see this as well. Don't sell cheap to foreign funds and me...

Quote from Dragon : The current share price of YTL Power hardly reflects in any contribution from AI data centres. Simply based on contributions from the core utilities businesses, YTL Power is trading at just 9x PER, the cheapest among the utility stocks in Bursa and in the region.

I will replenish my YTLP and YTL soon. Fingers start itchy...

https://www.chinapress.com.my/20250114/%e5%ba%94%e6%96%af%e5%a1%94%e9%bb%98%e9%82%80%e8%af%b7-%e5%ae%89%e5%8d%8e%e6%98%8e%e8%b5%b7%e8%ae%bf%e8%8b%b1%e5%9b%bd5%e5%a4%a9/

https://www.enanyang.my/%E5%9B%BD%E9%99%85%E8%B4%A2%E7%BB%8F/%E4%BC%A0%E8%8B%B1%E4%BC%9F%E8%BE%BEai%E8%8A%AF%E7%89%87%E6%9C%BA%E6%9E%B6%E6%95%85%E9%9A%9C-%E5%BE%AE%E8%BD%AF%E7%AD%89%E5%A4%A7%E5%AE%A2%E6%88%B7%E4%BA%A4%E8%B4%A7%E5%BB%B6%E8%AF%AF

Price soften could be due to above news. But it is just temporary problem, could be opportunity to buy on weakness

https://www.enanyang.my/%E5%9B%BD%E9%99%85%E8%B4%A2%E7%BB%8F/%E4%BC%A0%E8%8B%B1%E4%BC%9F%E8%BE%BEai%E8%8A%AF%E7%89%87%E6%9C%BA%E6%9E%B6%E6%95%85%E9%9A%9C-%E5%BE%AE%E8%BD%AF%E7%AD%89%E5%A4%A7%E5%AE%A2%E6%88%B7%E4%BA%A4%E8%B4%A7%E5%BB%B6%E8%AF%AF

This year theme for Msia mkt will still be AI Data Centre.

Natagate got china clients as well but their main business would Msia and Spore data centre for Nvidia related products

AI not over yet. Good chance to accumulate in stages for those missed...
How low this adjustment no one know...

YTL Corp Bhd — strengthening position in IBS
YTL Corp Bhd (KL:YTL) recently acquired an 81.24% stake in SGX-listed NSL Ltd, enabling it to tap into the industrialised building system (IBS) market.

“YTL’s diversified project pipeline and expansion into IBS strengthen its position as a key player in the construction and infrastructure sectors,” Rakuten’s Yee commented.

He highlighted YTL Corp’s active tendering and strategic acquisitions underline its commitment to long-term growth and order book expansion.

The diversified conglomerate, however, is not on many analysts’ radar although its share price shot up 43% in 2024 after it doubled.

Currently, there are two "buy" calls on the stock, with a consensus target price of RM3.47 compared with Thursday’s closing of RM2.65.

Source: TheEdge - 3 Jan 2025

yeah, make rules simpler eg maintain RM 100k, Fixed at 5 stocks with all at 20%, No more monthly results, only Quarterly or Half yearly. Thanks

Good closing...

Hi Dragon, good to hear you. Any chance YTLP secures LSS5, even 100-200MW is good news for YTLP?

Next quarter YTLP will have forex gain of about RM192 million( reversal of forex loss booked in last quarter) due to strengthening of USD. For sure, YTLP next quarter result will be much better.

I think Mr Koon just not happy with OTB that is why bad mouth YTLP or he does not know mkt is forward looking and simply based on historical data to comment future prices.

All investors who bottom fished last month are laughing to the banks

uncle kon don't know mkt is forward looking, only knows to look at historical figures...

YTLP MD Dato’ Seri Yeoh Seok Hong in yesterday AGM said he is going to meet Minister of Communications to address their concerns afternoon. YTL Group also donated RM 5m to flood relief fund set up by the government to provide aids to flood victims across the nation.
This shows that YTL Group is very much keen to maintain good relationship with govt, besides participating in nation building and helping the society.

MD was asked by a shareholder if the price will reach RM 7, he said other KLCI 30 component stocks are having PE of 20+, whereas YTLP only single digit PE... still have long way to go. It all depends on investors...

MD : Data centre is only built when financeable. It is financeable when there is client.

Other than above, not much new things in AGM.

AGM : YTLP MD said no provision of impairment needed on project under MACC investigation as they have confidence to resolve with MACC soonest possible.

On shareholder question on when YTLP will reach RM 7, MD said their PE is single digit(implying undervalued at current price) , cheapest of KLCI 30 stocks. It is up to investors...

DC1. Total IT load capacity of 48MW, with 32MW secured by Shopee, is being
developed over 4 stages over 4 years. The first stage 8MW has already been delivered
to Shopee in 4QFY24 and the second stage 8MW will be delivered to in Dec-24 (being
brought forward by 6 months, as per Shopee’s request). The schedule for the
remaining stage 3 and 4 (combined 16MW) are still in 2026 and 2027, potentially being
brought forward, subject to Shopee’s request. The other 16MW has yet to secure any
off-takers, but management highlighted there are active discussions with potential
clients on the capacity and YTL AI Cloud may take up the capacity to provide AI
services, utilizing NVidia technology.

DC2. Total IT load capacity of 100MW. 20MW secured by YTL AI Cloud (deploying
NVidia’s most advanced GB200 chipsets), is expected to be delivered (core & shell)
by Jan 2025, while the GB200 equipment will usually take 2-3 months for installation
and test runs, commissioning in Apr-25, indicating no delay in its AI-DC deployment.
The facility will be fitted with Direct-To-Chip cooling system technology. Management
is in constant engagement with NVidia and there is no request for changes in the
design for the cooling system, suggesting no issue with the recent GB200 server
overheating news. The other 80MW is expected to complete construction and
delivered to off-taker(s) in 1QFY26.

DC3. Total IT load capacity of 40+40MW. 40MW is secured by an undisclosed US
based off-taker, which will be completed (core & shell) by 4QFY25. Similar to Shopee,
the off-taker will take the capacity over 3 stages. The remaining 40MW

YTLDC on track, AI is coming

We have attended a site visit to YTLDC in Kulai, Johor, and stay upbeat on its
DC development. YTLDC and AI-DC are expected to be group’s next growth
phase. Development remains on track for DC1-DC3, as per management’s
unchanged guidance. YTL AI Cloud, utilizing NVidia GB200 chipsets, is on
schedule to complete construction (core & shell) in Jan-25, targeted to fit in IT
equipment within 2-3 months, and commissioning in Apr-25. There will be no
overheating issue, as YTLDC will be utilizing Direct-To-Chip cooling system. We
reiterate our BUY recommendation on YTLP with an unchanged TP of RM7.00
based on 10% discount to FD SOP (RM7.73).

YTLDC. Data centre is set to pilot YTLP’s next growth engine when the group acquired
1,600 acres of land in Kulai, Johor in 2021. To-date, YTLP owns 100% YTL Sentul DC
(5MW) in KL, 50% Dodid (12.5MW) in SG and 100% YTLDC (supporting up to 420-
430MW IT load) in Johor. YTLDC is promoted to become a Green Data Centre hub,
which will be supported by its 500MW of solar farm surrounding the physical data
centre buildings. We understand there will be 6 phases of development for YTLDC, of
which: (i) DC1 48MW mainly for Shopee; (ii) DC2 100MW for YTL AI Cloud; (iii) DC3
40+40MW for an undisclosed off-taker; (iv) DC4-6 have not secured any off-takers yet,
while there are parties expressed interest. The overall development of YTLDC remains
on track, as being guided consistently by the management. While the contract is
usually 3-5 years, management guided off-takers will usually renew the contract when
nearing expiry, as it take much effort and resources to migrate to another data centre.

Data centre theme is back...

i think engine just starting...YTL/YTLP do well, others do well

YTLP is better off doing AI data centre with US companies as China AI is much inferior as compared with US.

breaking... laughing to the banks again

laughing to the banks again...

moving towards RM 3.7 ahead of coming AGM...

guess it is good time to bottom fish...
heard their orders are full for year 2025 when start delivery for data centre orders...

https://www.pressreader.com/malaysia/the-star-malaysia-starbiz/20241130/281642490734960?srsltid=AfmBOoqRxAn4s4a-5WbTgDxx74-Gn1JkNgO03iQrG4sdWZhBix5ZbSkS

this old man still relevant?

MYEG coin is not bitcoin. Investors still don't understand MYEG, myself included.
That is the reason its share price cannot move.

Sell on rebound is better. No confidence can sell now rather than sell below RM 2.10 during panic sale yesterday

generally rule : don't panic sale, which most of the time end up selling at very depressed price.

Likely reason for yesterday selling is dissapointment of low profit margin and worry on big unrealized gain booked.
Look like AI play is still not over yet. Big funds are buying today...

https://www.malaysiawarrants.com.my/marketnews/highlight?cat=todayhighlight&id=7778

Summary report is in this link. Full report has to ask Mr Dragon...

EPF bottom fished YTLP 25 Nov, guess they also bought aggressively before this date as they only started to disclose when holding exceeded 5%. A positive sign for YTLP.

Foreign funds net sold RM 1.77b and RM 1.83b in Oct and Nov respectively based on HLI data. Msia mkt no "water". If you lucky or you have better skill managed to bottom fish YTL/YTLP or other few stocks that performed better after good results few days ago, you made some money. Else, most are losing money. As such, no point to attack each other.

Bull Mkt need big cap leaders to lead. Just like US magnificent seven. Msia?

Next quarter results look good, should be much higher than this quarter due to reversal of forex loss, higher revenue n profits overseas ventures due to strong USD, positive surprise from UK etc. Mkt is forward looking, that is why price shoot up

Despite the long shutdown of a power plant for major overhaul during the quarter, SG PowerSeraya continued to deliver strong performance, supported by sustained absolute margins of the retail segment. We expect stronger performance in coming quarters as the power plant is now up and running. Future growth will be driven by a new hydrogen-ready power plant commissioning in 2028 as well as 500MW solar park – to support YTL Green Data Centre.

From HLI Research.....Power Seraya profit is not bad considering one of the plant is shutting down due to maintenance

While first 8MW DC (for Sea Ltd) has already commenced in May, the 2nd batch of 8MW DC is expected for an early delivery to Sea Ltd by this year end as opposed to the scheduled delivery in 1QCY25. Management expects an IRR of 10%-13% for this
Phase 1 project....

From Kenanga Research. We can expect to see positive contribution in year 2025

thank you dragon. Good closing with lots of buyers in queue at RM 2.09.
Look like engine just started...

time to bottom fish...