The HOD binding heads of agreement for the merger between Ekovest and TanSri Lim {major controlling shareholder} and sister company KNUSFORD was announced in early November last year. Under the restructing exercise" the entire stake of Ekovest construction arm " disposed to KNUSFORD for 450million at the proposed issued price of 60 sen new KNUSFORD share. On the same note Ekovest is buying from Tan Sri Lim a 70% stake in its private held company {CRSB} for 1.15 billion. CRSB holds 63% equity interest in another Tan Sri Lim private held company IWH {Iskander Waterfront Holdings} which in turn holds 34% equity interest in Iskander Waterfront City { {IWCITY} In addition Ekovest entered into a binding agreement to acquire a six storey mall properties {Danga city mall} in Johor and another parcel land from KMSB. Ekovest will acquired the land parcels for 310 million subject to ind valuation valuer. Please refer to the full press release in the business times, the edge and Ekovest press announcement

Just for the record. UBS has not cash out. They are still one of YTL substantial foreign funds share holders holding app 628, 213,898 share units @ 5.73 % in YTL group after disposing off 3.5 million shares on 5 March. For funds manager there are 4 categories or types of investment tied to the investment. Investment tied to capital growth, investment tied to dividend, investment for trading and last but not the least IPO shares or rights. UBS locked in thier profit for the coming qtr result { ending 31 March 24} nothing special or exceptional as the entry price is betw 1.70 - 2.10. As a investment fund manager managing multiple accounts we do know what exactly is their targeted mandates. Just do your own research and your own risk vs rewards ratio.

The re ratings will come in once the DC earnings kick in and materialised. Initial target price will revised upwards. YTLP earnings are 80% generated by their foreign business operations which translate into FX gain vs our MYR

LOTTE CHEMICAL { Korea } has embarked to sell it's loss making subsidiary Malaysian unit LCTITAN. In 2023 LOTTE Chemical Korea racked up 201 billion won in losses in its petrol chemical division.
This was reported by market insight in the Korea Economic Daily capital market news. Looks like the petrol chemical industry is facing terrible headwinds. Oversupply and dwindling demand with Chinese companies aggressively increasing their own domestic production.

Rebalancing of MSCI index list on 1st March { addition of YTL and YTLP} contributed to the spike in trading volume. For YTL the daily average trading volume of transacted trades between 35 - 40 million is quite normal based on the number of shares issued or in short Nosh. Anything below is considered low

Not everyone can replicate the success and far sighted move of TSFrancis Yeoh. Yin soon is doing not too bad except this counter failed to attract funds

Investing is always risk vs reward ratio plus A1 theme play. If Nvidea within 3-4 years triple their share price to USD 820 with a market cap valuation over USD 2.0 trillion. Think of endless possibilities if Nvidea brings in their GPU to Malaysia for production. Just look at the numbers and do your own research

Just my own calculated guess. The inclusion of YTL and YTLP in the MSCI Malaysia index is indeed positive for YTL group. Looking at the utilities sector YTL is indeed a attractive option and undemanding vs it's peer. YTL is trading at 14 times {PE} vs TNB at 23 times {PE} or PChem at 33 times {PE}. Using others as a comparison e.g. Sunway group at 21 times {PE} or IJM at 24 times {PE}, whether in the utilities, energy, construction or multi congolemerate. YTL in terms of growth opportunities or earnings upkeep definetly is a buy. Tomorrow being a Friday will be very interesting trading day. Not a buy call just sharing my 2 sen

The volume of YTL and YTLP transacted is unbelievable. Lots and lots of trades transacted within seconds. Never witness such a big spike in trading volume within the limited time frame. Everthing you click or quote on the board. Buyers just click and confirm. The intensity & velocity totally mind blowing. Well done YTL group

Genting management needs to come clean on the closure. Telling us closure due to renovation is unacceptable, laughable or treating the investing public as dumb. Is it because of licensing, structural defects or unseen forces. Let us know

Always look at a company business fundamentals. Earnings, PE ratio, growth & profitability and evaluate the management and leadership

Tan teng boo {capial dynamics} is extremely confident that our local market is ripe for a prolong bull ring. Nevertheless let us be rationale or sanquine that the market days of gung go days of the 93-94 where the market touch a high of 1314 points from a low of 645 points. Nowdays majority of trade is monopolised by local and foreign funds, banks, pension funds whereby retail retailers only make up a limited percentage. For the fund's manager and dealers they are extremely through in their investment research trading strategies { not the "kedai makan"} coffee talk. Most IB's set YTLP target price at around 5.00 { forward earnings} and YTL at 3.00. Of course the TP can be revised upwards if the next quarter result comes in higher than the street expectations. Always do your own research before you invest

YTL group operates in a multiple different segments vs the glove mania sector which is easily duplicated. Remember the gloves dipping lines are manufactured in China and shipped to the buyer directly for installation. YTL group business is centre in utilities, power and energy, waste water treatment,digital banking, 5G yes telco, oil production, land & property development and thier core construction business. Not forgetting their soon to commence YTLP A1 DC operations. Just do your own research before you buy or sell

Yes. Our local market have underperformed for the past decades vs our neighbouring innovative and FDI inflows. Hopefully the current political situation in the country has stablised {the next 4 years} FDI funds will cherry pick the underperformed market like our market. Bear in mind our ringgit has depreciated vs the USD at 4.8 which is at their lowest point for the past 26 years. If FDI funds manager betting on risk vs reward. Currency, underperformed, laggard market I will place my insurance bet on Malaysia. Not forgetting the YTL story which was largely ignored by pundits until last year. The PE ratio placed on YTL is unjustified low at 10 times vs other energy & utilities companies like TNB {20 times} or a multi bagger Sunway at 20 times. Dollar for dollar it make more sense to invest in the YTL group { which derives 90% of its earning from its foreign operations} not a buy call just sharing my personal view on the market. Pleae do your own research before you buy or sell

There must be a strong reason why foreign & local funds are buying into YTL group. They know something big is coming

Mr OTB yes. Inclusion of YTL and YTLP in MSCI Malaysia index is positive. Potentially after 29Feb we can expect upward momentum

Bplant sold their Kulai Young estate in late 2021 to YTLP subsidiary SIPP for 429 Million. KLK subsequently proposed to acquire 33% +1 share of BPlant shares { from Boustead and LTAT holdings} at 1.5 billion or 1.55 per share in 2023. However the bid fail to materialised due to certain quarter unhappiness

Errata :YTL profit jumped to 589 million for the 2 qtr ended 31 Dec up from 96 million a year ago

I am not an expert on numbers but certain revenue numbers figures and profit indicators of YTL 2Qtr announced yesterday is verify and prepared by a team of professionals engaged & employed by the company before submission to Bursa. Not a hearsay or just "pasar malam" gossiping but based on actual reported accounting figures against previous qtr and YoY comparison. Not a speculative hype to rile up prices. YTL net profit jumped 589 million for the 2nd qtr ended 32Dec up from 96 million a year earlier. For the 1st 6 months of FY 24. YTL recorded a net profit of 1.11 billion against 133 million recorded a year ago. Whether YTL earning has reached its peak is subjective. Going by Management guidance they expect the group to continue maintain & operate satisfactory. Look how Nvidia profit has continued to outperform. This figures are reported in the business times and also in Bursa website

YTL or YTLP power up rally not by retail investor but by foreign funds holding a long term view on YTL group. Group earnings in SGD or USD. Only 10% in MYR. Look at the core business structure. Partner with Nvidea on the A1 smart data centre. Whenever there is a price retracement at 2.15 - 2.20 smart money will accumulate.

For myself having a long term view any short term share price fluctuations isn't really a concern. However our ringgit depreciating value vs the USD is a real concern. LCtitan group borrowings of USD 2.2 billion in 2020with the Korean excim bank to finance their factory Indonesian plant an expansion is a real concern. From an estimated cost of app 10billion ringgit. Now it's has ballooned up to 11 billion in ringgit terms. Obviously this USD borrowing's will have an impart on thier bottom line. Worse the Fed Reserve isn't going to lower their rates any time soon. The Korean Exim Bank rates aren't cheap { at 5.0-5.5%

dragon328. Totally agreed with your reasoning. Pricing of the stock and thier fundamentals are highly corelated

Out of curiosity. Why people repost past items or news on YTL {without knowing the whole story} the acquisition of Tuaspring power plant by YTL Seraya was done way back in May 2022. YTLP paid SGD $270 million for the power station in cash { whereas the original price consideration was SGD 332 million} by a combination of shares & cash consideration. Hyflux financial position was untenable { PUB } Tuaspring station was taken over by PUB Singapore. Hyflux filed for bankruptcy in 2018 and Maybank. Singapore appointed insolvency firm to take over Hyllux assets. Oliver Lum { chairman of Hyflux} was charged with corporate breaches. YTLP acquisition of Tuaspring power plant added its combined power capacity to 2,402 MW { making YTLP the second largest power producer in the island state} the fall of Oliver Lum was the talk of the town. Hyflux recycled treated water was highly touted and acclaimed as a local home ground international brand. YTLP by paying 100% in cash to acquired the plant make a savings of SGD 62 million. A corporate masterstroke when you have the financial strength & cloub

Institutional buyers sustain their buying support for YTLP. an upgrade {YTL} most likely come after coming qtr result announcement

Slowly it will drift into PN 17 status if no new business is injected. And cash run out and all their UK remaining property units sold.

LCTITAN needs a new direction. It's core products facing margin compression. India, Vietnam, Thailand and China started their own country industrial petrol chem manufacturing plant which may hit LCtitan when they come online in 2025

Yes. dragon 328 agreed 100% with you on YTLP business analytical segment report. Growth potential and income plus a dividend payout will ensure YTLP /YTL group in the investment fraternity radar.

Mr Pang 72. The possibility & opportunities are endless. Remember Boustead sold part of thier Kulai Estate to YTLP in late 2021 for 430 million. The estate land size is 664 Ha {1 Ha @2.471 acres =1,640 acres} Kulai distance is around 40-45 km from Singapore .if Nvidia can set up AI-DC hub at Kulai with YTL. There is no stopping if Nvidia {Jensen Huang} starting or contemplating having its own chips factory at Johor. Afterall one of Nvidia suppliers { KINSUS } mulls starting a chips substrate plant. This news was reported in Nikkei Asia on 16 Jan 2024. YTL group price can really fly if this can materialised. A word of caution { just my own idea } not Francis Yeoh or Jensen. Huang

Not only short selling but LCtitan cash is burning fast. FY 2022 - 730 Million loss, FY 2023 - 780Million loss. FY 2024 - Forecast 1billion loss. Not forgetting LCtitan finance loan of 11 billion for their Indonesia plant. This is really bad looking at thier numbers

RHB team have met up with YTLP management prior to their TP price upgrade. Similarly UBS team too must have met up with YTL top management before they buy into YTL group. They {UBS} have a very clear investment view and strategy.

HLIB up thier TP price. Now follow by RHB upgrade. More IB's will follow suit

DJ closed positively on Friday rising above the 38,000 index for the third time in a row. With the forth coming Fed Reserve {FOMC meeting} on 30-31 January. Without any unforseen risks Fed should start the normalisation of the rates reduction rollout. Market should be positive & buoyant mood. YTL group should likewise continue the price upwards momentum

UBS is the world's biggest private bank in terms of AUM {assets under management}

UBS is the world's biggest private bank in terms of AUM { assets under management }.

Bro. Just skip and ignored all his grumblings. Concentrate on Bursa
& YTLP shares instead

Not a buy call. Please do your research before you buy or sell

The Indonesia HSR rail link between Jakarta - Banding was financed by China Development Bank and a state run fund KCIC { 60 % Indonesia and 40% balance hold by China Railway Engineering} most likely the HSR rail link may take a leaf from Indonesia

Without prejudice or disrespect to any parties. Beryaya led rail group consortium submitted the RFI proposal on 15 Jan. Based on My HSR announcement only short listed company or consortium will only be invited to submit the RFP proposal after evaluation. Berjaya rail group has team up with multiple partners. IJM, MRCB, KTMB, Hitachi Rail, Hyundai Rotem and Deutsch AG unit DB { GMbh } engineering. Whereas YTL group is said to partnering with China CRRC { world largest rolling rail stock manufacturer } under I belt 1 road project initiated by the Chinese government. Soft loans and financing is undertaken by CCB { China Construction Bank} which is involved with ECRL. At this point we can only guess the group that has the expertise and proven TRACK record and deep pockets will be the winner in this beauty contest. Based on latest news announcement Berjaya group returned to the black in the first quarter { Sept 30} with a profit of RM 15.8 million against a net loss of RM - 16.4 in the same quarter last year. Financial wise Berjaya led group of multiple partners needs a huge cash injections from 5 or 6 it's partners. The HSR link cost is estimated anything between RM 100-120billion. the total outlay may even exceed RM 200 billion for the 10 year timeliness. We are not privy to the terms and requirements. We can ONLY make our own calculated guess. Just sharing my own 2 sen view & ideas

Read the HLIB upgrade. Potentially YTLP has more legs to go with the rise of AI manufacturing. Imagine the low start up cost of DC {YTLP with Nvidia} vs US other DC. Nvidia {Jensen Huang} may push YTLP as his manufacturing hub. The opportunities is endless

looking at 3.00 YTL and 4.50 for YTLP previously { this is before HLIB new price call of YTLP at 5.15 issued today. } more positive news coming. Look at the sustain buying interest

YTLP needs to break 4.00 follow by. YTL at 2.50. coming CNY we can see both YTLP/YTL hitting thier targeted price if their Qtr result is better than analysts forecast. Not to discount a surprise interim dividend pay out. Coming qtr result is expected to announce on 23 Feb. A big Ang pow coming

Bison bull. The objections was raised by Tough & Go {at that point of time} the only card payment accepted at all the highways. Cash was phase out { by the high way operators } but during holidays season the free flow of the toll cards operated was jam due to in sufficient cash, card failures, the inadequate lanes for smart tag and the RFID sensor.. Touch & Go has stop the sale of smart tag to promote their RFID. Motorist question why the restrictions of other forms of payment except for touch & go. The proposal was drawn up based on our Southern neighbours electronic multi payment channels but operated by a single clearing company like a clearing house. Teras technology developed the payment card and Rangkaian Segar Sdn bhd { now known as Touch & "Go sdn bhd} operated the system. Touch & Go is a wholly owned subsidiary of CIMB group thru a joint venture with TNG and Ant group { TNGD}

Have confidence in YTLP. Look at the numbers. Despite 8-12 LD counters at the Bursa the past 4 days. YTLP holding well with marginal day to day fluctuations

The parcel of land is owned by Iskander Coast sdn bhd which is 80% owned by PDT { Johor State arm } and 20% by IWH {LKH} The land is earmark for mixed commercial & residential usage cater for first time buyer {M40 group} to be park under ECO Botanic 3. What's interesting the S&P comes with a conditional agreement that EWD pays 30 million fee { as nomination fee} to PDT plus a sum equivalent to 20 % profit under each phase to PDT. Looks like the biggest beneficiary is PDT { Johor State arm} whereas EWD as the turn key project needs to do all the leg work. Good or bad Mr Market will decide

It's normal to lock part of the profit. Maybe half of the position and the rest for long term. Nothing wrong it's all depends on your position

Based on market YTLP has more support vs YTL. Technically YTL the holding company has more core business & diversity. Nevertheless YTL and YTLP has plenty of opportunities going forward

If it's strictly based on private initiatives on HSR { DFBOT} hard to think of any companies willing to participate without government support. You need deep pockets and the expertise to design-built - operate-transfer { DFBOT} model

HSR Project time line is clearly stated RFI { Request for information} is open to any parties that are interested. The last date for submission on the RFI is yesterday I. e. 15 Jan 2024. Under the second stage of the project if the response is positive then RFP { Request for Proposal } stage. Participating companies are required to submit all the details. The Transport ministry and the Cabinet will then discuss and deliberate on each of the project submission presented by MyHSR Corp chair by the Prime Minister for the design - built - operate - transfer {DFBOT} model.

Without prejudice or disrespect to any parties. In any market there are always winners and losers. Shorts position is good if the
companies fundamentals are not solid and growth is muted. A short position need to cover at some point if tine. Imagine if your short position worsen. Either you cut your position {losses} or bear with more losses. Within the market there are players too who like to play and push up the market knowing the shorts are weak whereas the bulls are strong.

The IB's will increase and revised their TP for YTLP once the 2qtr result kicks in. You cannot put a lid on the price cap when foreign funds are investing & accumulating YTLP or YTL shares. Last round the foreign funds have no exposure { due to their investment mandate} that only allow them invest or trade in the FBM Bursa KLCI 30 companies