@dragon328 agree with you on comparing TNB and Malakoff which is more sectorial comparison then general comparison. I think a better comparison will be among the FBMKLCI counter once it is in the index. No matters how you compare, it is still undervalue. hahaha. Local investment bank make a lot of money on these call warrants to cater for "certain needs". Based on Yahoo finance DCF model, YTLP should be at what fair price?

@dragon328 PCHEM and PMETAL is under utilities sector?

reach ATH of 1.89!!!

@feiloh that are the risk, but it quite low unless liquidity is an issue. if not included price will move south till next quarterly result.

@dragon328 you are most welcome @Plantermen yes, consolidation usually happened post earning, another 9 days most likely will be announced inclusion into FBMKLCI. Post inclusion might see some movement. Most local index fund will need to mimic their portfolio accordingly.

https://theedgemalaysia.com/node/691420

Jordan explores alternatives to Israeli gas amid supply concerns

come Q4, KGB net profit for FY2023 will hit RM100 Millions, with higher net margin of 8% and cash above 188 Millions. Lot of interest will be draw onto it.

https://www.tradingview.com/x/OPXBwGG2/

Moving towards adjusted ATH of 1.81

@slts TP 4++ is for FY2025 not FY2024, when all the earning coming in.

@5354_ today purchase at 89 cents. overall still below 0.622 cents

@xiaochen look like Ranhill is the clear target to be taken over. Today purchase is @ RM0.89

Name YEOH TIONG LAY & SONS HOLDINGS SDN BHD
Address 33rd Floor, Menara YTL
205 Jalan Bukit Bintang
Kuala Lumpur
55100 Wilayah Persekutuan
Malaysia.
Company No. 197901000671 (44947-D)
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 23 Nov 2023
37,397,791
Acquired Deemed Interest
Name of registered holder SIPP POWER SDN BHD
Address of registered holder 33rd Floor, Menara YTL 205 Jalan Bukit Bintang 55100 Kuala Lumpur Wilayah Persekutuan
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Acquisition of shares
Nature of interest Deemed Interest
Direct (units)
Direct (%)
Indirect/deemed interest (units) 280,727,137
Indirect/deemed interest (%) 21.77
Total no of securities after change 280,727,137
Date of notice 24 Nov 2023
Date notice received by Listed Issuer 24 Nov 2023

0 seconds ago

@xiaochen give it a few days for market to digest the news, once it is in FBMKLCI, price will be more stable. Where to get components stock with FY2024 FPE of below 6.0

Now RM 2.33
TA CIMB TP Rm 2.40
RHB TP Rm 2.72
AmInvest AffinHwang TP RM 2.70
Kenanga TP RM 2.82
MIDF TP RM 2.99
HLIB TP RM 3.90

RHB new TP 2.72

@dragon328 well done!!!

HLB Analyst so fast upgrade!!!

@probability @dragon328 thank you so much. Look like will gap up instead of gap down.

@dragon328 any reason for such a good margin for SG power generation this Q1'24 compare to Q4'23?

Q1'FY24
Power generation
Revenue 3,796,295,000
Profit 1,025,142,000

Q4'FY23
Power generation
Revenue 5,246,420,000
Profit 1,067,262,000

superb update @dragon328

Q11FY24
Power generation
Revenue 3,796,295,000
Profit 1,025,142,000

Q4'FY23
Power generation
Revenue 5,246,420,000
Profit 1,067,262,000

Comparing the major earner Power Generation in SG, Q1'FY24 is seeing better margin for power generation business, this should be sustainable thru-out FY24 and FY25. This is something very positive, as long as SGD is strong at current level.

@MrFox it is better than good.

@MrFox It is above most analyst expectations.

@OnTime 1.1B is referring to the Q4 result.

@OnTime sorry which post?

EPS 0f 4.91 this Q. very good

@slts which analyst or where you get market expectations of 1.1B per quarter?

most analyst projected profit is RM500 to RM550. 850Million or EPS of 10.47 is consider very good. It show stabilize and normalized profit post TPC implementation. Mobile sector show good revenue and reduce losses. Annualized PE of 5.51 which is below average. Hopefully it will move higher tomorrow. It will be upgraded by analyst very soon, and include into FBMKLCI soon. Hold tight.

yes. very good

https://www.tradingview.com/x/16CwEKfv/

2.24 is a strong support.

Good news!!! USEP for Oct go up to 221.30. Supply at SG still very tight.

2023 221.0 222.0 339.26 324.0 492.1 305.2 167.5 158.8 208.6 221.3

https://www.ema.gov.sg/content/dam/corporate/resources/statistics/files/pdf/Average-Monthly-USEP.pdf.coredownload.pdf

net short seller further reduce to 12,137,930 as of yesterday night before earning.

Most analyst projected earning for this Q1 2024 is about 500-600Millions, Most know the fact that it will be hard to hit 1.1 Billions profit this Q1'24, if it can hit 750-800Millions this Q1'24 with quarterly dividend to support YTL bigger dividend this year, it might not gap down/huge gap down. If profit 900-950 Million and above, it will be exceptional. In the end, it is continuous increase in profit that ensure stable and uptrend price. For those who has sold of course you will be praying for it to gap down. There is nothing wrong with that. You just make the decision to take profit into your pocket. For those decided to hold over earning, you have the long term view and faith in the company growth. CEO appear on CNBC/Bloomberg is NOT a major selling indicator. We don't know how it happened and the whole purpose of it. Let's cross your finger and see how the earning come in tomorrow after market close. If you want to know more on the company, attend the AGM on 05-Dec-2023. On 06 Dec 2023, it will be propose to be part for FBMKLCI, take effect on 18-Dec-2023. Good luck to all short short term investor, Mid Term and long term investor.

@probability thank you so much for the video link

Anyone know the date of the quarterly result announcements?

https://www.tradingview.com/x/sSjXTZ87/

Need a pause before moving up to 2.50

at 22 and 24 position this morning. 06-Dec-2023 is the announcement date for revised FBMKLCI.

Code Stock Last M-Cap L4Q P/E
1 MAYBANK 9.15 $110,351,164,816.80 12.12
2 PBBANK 4.23 $82,107,226,039.05 12.3
3 CIMB 5.77 $61,537,665,128.16 9.75
4 PCHEM 7.22 $57,760,000,000.00 16.27
5 TENAGA 9.96 $57,641,825,435.16 19.33
6 IHH 5.96 $52,489,669,119.48 23.05
7 CDB 4.26 $49,976,224,028.88 51.2
8 HLBANK 19.08 $41,360,064,858.72 10.83
9 PMETAL 4.87 $40,126,938,578.86 27.27
10 PETGAS 17.16 $33,955,039,661.40 18.36
11 MISC 7.34 $32,764,241,376.02 13.62
12 MAXIS 4.08 $31,954,874,608.80 27.2
13 SIMEPLT 4.38 $30,290,829,952.38 19.28
14 NESTLE 122.5 $28,726,250,000.00 44.56
15 IOICORP 3.97 $24,952,240,010.15 22.08
16 RHBBANK 5.63 $24,132,139,808.63 7.92
17 KLK 22 $23,782,391,270.00 17.49
18 PETDAG 22.9 $22,750,096,600.00 22.5
19 AXIATA 2.42 $22,213,384,688.44 2.34
20 PPB 14.72 $20,940,656,382.08 11.49
21 TM 5.22 $20,027,044,065.60 15.08
22 YTLPOWR 2.39 $19,498,118,883.82 9.62
23 HLFG 16.98 $19,484,836,792.20 4.63
24 YTL 1.6 $17,636,899,744.00 8.6
25 GENTING 4.35 $16,864,498,030.65 19.84
26 SIME 2.41 $16,425,590,160.57 10.86
27 GENM 2.54 $15,082,633,405.92
28 MRDIY 1.58 $14,916,847,927.36 28.94
29 QL 5.63 $13,701,489,692.57 36.21
30 AMBANK 3.93 $13,024,746,436.92 7.91
31 KLCC $12,673,438,242.66 13.21
32 GAMUDA 4.65 $12,549,448,681.20 6.26
33 AIRPORT 7.46 $12,447,416,062.72 24.37
34 DIALOG 2.18 $12,308,090,518.76 22.68
35 WPRTS 3.51 $11,969,100,000.00 14.81
3034 HAPSENG 4.75 $11,825,987,519.25 8.05
166 INARI 3 $11,234,385,897.00 34.56

KUALA LUMPUR: YTL Power Bhd and YTL Corporation Bhd may both be included in the FTSE Bursa Malaysia KLCI (FBM KLCI) list of constituents, with Dialog Group Bhd and Westports Holdings Bhd on its way out.

According to Maybank Investment Bank (IB) Research, YTL Power and YTL Corp's market capitalisation ranking have climbed to No.23 and 24 respectively as at Nov 7, 2023 market close and both stocks could feature as FBM KLCI constituents if their ranking are at No.25 or above, at the close of trading on the upcoming constituent review date.

The cut-off date for the constituent review is November 20, 2023.

Existing constituents, Dialog, ranked No.34 in full market capitalisation as of November 7, Westports was at No.36.

"We estimate that both YTL Corp and YTL Power meet their liquidity test to be eligible as FBM KLCI constituents," Maybank IB Research said.

If both YTL Corp and YTL Power feature as FBM KLCI constituents and take over from Dialog and Westports, Maybank IB Research estimates their KLCI weight to be 1.5 per cent and 1.3 per cent respectively vs. Dialog's present weight of 1.8 per cent and Westports' 0.7 per cent.

Under such a scenario, Utility sector's weight on the index will rise to 14 per cent from 11.3 per cent now.

Financial Institutions' weight will be little changed at 42.6 per cent (vs. 42.7 per cent now); Telcommunications will be at 11 per cent (vs. 11 per cent now) and Plantation at 9.9 per cent (vs. 10 per cent now).

These top four sectors by market capitalisation will have a higher combined weight of 77. per cent (vs. 75 per cent now).

The FBM KLCI comprises the largest 30 companies listed on the Main Board by full market capitalisation that meet the eligibility requirements of the FTSE Bursa Malaysia ground rules.

The two main eligibility requirements stated in the FTSE Bursa Malaysia ground rules are the free float and liquidity requirements.

https://kelington-group.com/wp-content/uploads/2023/09/2Q-2023-Financial-Review.pdf
Read the latest Q review by management. High chance, Net profit will hit 100Millions in 12-18 months. CO2 is selling very well. ROE 25% now.

Foreign investors returned to Bursa Malaysia last week,
net buying RM163.7m on equities after being net sellers
for the past two weeks. They net bought RM58.3m on
Tuesday, RM83.3m on Thursday and RM210.5m on Friday
but net sold -RM79.2m on Monday and -RM109.2m on
Wednesday.
• Bank Negara kept its overnight policy rate (OPR)
unchanged a 3.00% in its final Monetary Policy Meeting
this year, in line with ours and market expectations.
• The top three sectors with net foreign inflows for the
week were Utilities (RM56.7m), Construction (RM54.7m)
and Property (RM48.5m), while the top three sectors that
recorded net foreign outflows were Financial Services
(-RM60.9m), Consumer Products & Services (-RM42.9m)
and Energy (-RM10.8m).
• Local institutions net sold -RM93.4m last week, ending
four weeks of net buying spree. They net sold -RM54.0m
on Tuesday, -RM41.0m on Thursday and -RM137.6m on
Friday while they net bought RM55.6m on Monday and
RM83.6m on Wednesday.
• Local retailers continued to net sell last week at
-RM70.3m, bringing their net selling streak to four
weeks. They net sold -RM4.3m on Tuesday, -RM42.3m on
Thursday and -RM72.9m on Friday while they net bought
RM23.6m on Monday and RM25.6m on Wednesday.
• In terms of participation, there were declines in average
daily trading volume (ADTV) among foreign investors
by -10.4% and among local retailers by -2.6% last week
while local institutions recorded an increase of +2.9%.

@ChloeTai yes, first Thursday on Dec 1st week, this year it fall on 7-Dec-2023. 1 month to go.

@ChloeTai yes, usually 1st week of Dec, where do you get the above research contents? got link?

@ChloeTai Next Review of KLCI Components is Dec 2023, Preliminary result will be announce on 30 Nov, and final result usually it is 1 Dec 2023

Net short position as of 3 Nov 2023 is 12,984,396.

https://www.tradingview.com/x/P76l965e/

rest a bit before ex-dividend on 09-Nov-2023, 3.5 cents.

Singapore plans investments bill to strengthen national security

A Ministry of Trade and Industry statement on Friday said a proposed Significant Investments Review Bill seeks to allow the government to review ownership or control transactions involving entities considered critical to security.

(Nov 3): Singapore plans to introduce a bill that sets out a new investment management regime for investors in a bid to ensure the continuity of so-called “critical entities”.

A proposed Significant Investments Review Bill seeks to allow the government to review ownership or control transactions involving entities considered critical to security, according to a statement from the Ministry of Trade and Industry on Friday.

The government will be empowered “to review ownership or control transactions involving an entity that has acted against Singapore’s national security interests”, it said.

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While Singapore already relies on a range of sectoral laws, which include ownership and control safeguards, to monitor and manage entities in regulated sectors such as telecommunications, banking and utilities, the new bill seeks to create a level playing field for both local and foreign investors by applying the rules to all equally.

Designated entities will also be subject to other provisions including not being able to be voluntarily wind up or be dissolved without consent.

“It is critical for Singapore to r
emain open and connected to the world, and as such we must continually strengthen our position as a trusted hub for businesses to invest with confidence,” Minister for Trade and Industry Gan Kim Yong said. “We expect only a handful of critical entities to be designated under this bill.”

Here are some key details of the proposed bill:

Buyers into designated entities are required to notify after becoming a 5% controller
Must seek approval before becoming a 12%, 25%, or 50% controller, an indirect controller, or acquiring as a going concern (parts of) the business or undertaking
Sellers are required to seek approval when ceasing to be a 50% or 75% controller
Transactions that occur without the necessary approvals will be rendered void
Materially affected parties can apply for validation notices
Office of Significant Investments Review will be set up under MTI

Short position is at 13,040,196, a slight up compare yesterday. Short term Stock price prediction is never accurate, can only be a guide, long term holding is the way to make big buck in stock market.

November KLCI will be revise.
Top 34 counters by Market Cap
Top Stock M-Cap
1 MAYBANK $108,783,334,059.84
2 PBBANK $80,942,584,534.95
3 CIMB $60,791,107,665.60
4 TENAGA $57,236,712,204.19
5 PCHEM $56,880,000,000.00
6 IHH $52,665,808,948.74
7 CDB $49,741,593,869.12
8 HLBANK $41,490,127,955.76
9 PMETAL $39,879,750,045.52
10 PETGAS $33,836,315,746.50
11 MISC $32,183,948,272.63
12 MAXIS $31,249,987,668.90
13 SIMEPLT $29,806,729,930.31
14 NESTLE $28,796,600,000.00
15 IOICORP $24,637,980,060.40
16 RHBBANK $24,003,549,365.60
17 KLK $23,847,252,337.10
18 PETDAG $22,710,358,440.00
19 PPB $21,338,984,085.00
20 AXIATA $20,652,940,309.50
21 HLFG $20,035,644,899.40
22 TM $19,451,554,293.60
23 YTLPOWR $18,600,715,922.64
24 YTL $17,195,509,250.40
25 GENTING $15,701,429,200.95
26 SIME $15,539,562,475.56
27 GENM $14,429,448,494.64
28 MRDIY $14,160,696,063.00
29 QL $13,555,470,264.23
30 AMBANK $12,759,611,649.40
31 KLCC $12,456,798,272.70
32 GAMUDA $12,438,420,181.48
33 AIRPORT $12,247,189,530.88
34 HAPSENG $11,751,297,071.76

improve to 23rd positions.

https://www.tradingview.com/x/dYKycxdq/

next target 2.50!!!

yesterday net short pos 12,910,596 , let's wait for EOD position, short seller kena close position very soon!!!

https://www.tradingview.com/x/YSsCnMUD/
Looking to move to higher high now. See the power of foreign fund!!!

@harvest6138, that is until 21-Sep-2023, should be more now