Chinese New Year profit taking is usual and normal for celebrations. Some of the remiziers might have already gone on holiay.
But we also notice strong support after the selldown. That's the beauty of rock solid stock like YTL POWER. The quarter results at 31-12-2023 will be out sometimes this month and should be a very exciting one !

@DoctorM,
Then I would say Datuk Seri Anwar Ibrahim, our Prime Minister is considered as a true statesman who manages our country so well and
successfully draws quite a number of foreign investments into our
county.

speakup,
Let politicians deal with politics lah , would you ?
Why not find out more of the latest developments in YTL POWER ?
After all, politicians won't help us in investments.
Sometimes they even give us headache. Haha !

The figure is in US dollars
1 USD=4.7
USD 2.7 Billion=RM12. 7 billion
Just imagine how huge is the amount !

xiaochen,
YTL POWER 讲得很清楚, NVIDIA 是合夥人(partner) "不是租户tenant “ 當然NVIDIA 如果有用到YTL POWER 的设施是要算租金的. YTL POWER 要的整体合作而不是那一点点租金.

Remember that gloves mostly depend on contagious diseases outbreak on a global scale .
In other words don't compare with electricity utilities which are on increasing demand even on a daily basis.

@HuatRex1314,
More populations , more houses , more highrise buildings, hotels, hospitals, more factories and now digital centers ; the lists are ever increasing. That means to say that more electricity utilities are needed to power up now and in future.

Glove counters rised in prices due to pandemics such as COVID-19 or other diseases. So, glove counters are subject to supply and demand in medical usages
Therefore, it is impractical and unwise to compare gloves with utilities counters as they are in entirely different segments.

@klee,
Memang bagus dan hebat lah. Fasal YTL POWER tetap mempunyai tenaga yang kuat !!!

@MrFox,
Hahaha !!!
Let's smile to the banks one day.

Most of the analysts have upgraded the target price of YTL POWER to RM5+ indicating their confidence in huge growth potentials of YTL POWER.
I will ignore whatever "negative* comments.
In the past, just few days before the Chinese New Year normally remained quiet as quite a number of the " local " remiziers had gone on holiday.
But this YTL POWER is supported by "foreign" investment funds that
could lift the price to a higher level after the profit taking or corrections.

As long as the foreign funds are still intact, after the retailers and/or local funds have cleared their positions, a strong rebounce is expected next week or after the Chinese New Year.

Profit taking as I see is quite normal especially Chinese New Year is only a few more days to go. In my opinion, as long as the foreign funds are still there, the rebound would be on the way to a higher level.

Strong fundamentals. Resilient rebound. Foreign funds support.That's the power of YTL POWER ! ! !

USA closing time : Thursday 01-02-2024,
DOW JONES : 38519.84 + 369.54
NASDAQ : 15361.64 + 197.63
NVIDIA (YTL POWER'S PARTNER) USD630.27 + USD15. 00

Both Dow Jones and Nasdaq rise more than 100 points at this hour of the night in Malaysia : Thursday 01-02-2024 , 11.45 pm.

Both Dow Jones and Nasdaq are the uptrend as seen tonight. Hopefully the uptrends continue towards the closing.
Hopefully, the uptrends would bring forth positive effects especially to the South East Asian market. Most likely YTL POWER would also climb towards the higher level.

Moreover, we don't know how many new projects would be there in the pipeline.

Those who want to short , let them be. Now YTL POWER is unique in the sense that already partner with NVIDIA, one of the world's largest chip makers. It was awarded green hydrogen power project from Singapore, a nation with advanced technology. This shows how much Singapore government's trust in the integrity of YTL POWER. Moreover, we don't how new projects would be there in the pipeline.

@MrFox,
Hope what you said hit the target. But how long ?

@Jonathan Keong,
Could you let us know who are those who upgrade YTL POWER to above RM5+ besides HLIB and RHB ? Thank you.

Singapore Singtel also partner with NVIDIA to build green AI data center as Singapore is so close to Kulai Johor,
could Singtel joint venture with YTL POWER in Data Centers in future ?

Fast and furious !
Yes, fast drop and fast rebound . That's the characteristic power of a rock solid and dynamic counter : YTL POWER !!!

YTL POWER, its powerful engine starts and charges towards higher level ! ! !

YTL POWER+Nvidia+Digital Centers+Utilities+Singapore awarded projects,...................???

....

WOW ! Another huge project awarded in Singapore !
No wonder strong rebound.

Meanwhile, it is important for me to focus my attention on YTL POWER :
1) It has yet to realise its full potentials ;
2) Its quarter report at 31-12-2023 will be out sometime in February 2024 ;
3) Foreign funds have already have invested before the future developments which could propel YTL POWER to greater highs;
4) Therefore, I will hold on tightly to YTL POWER until certain time and will not be distracted by the irrelevant voices and noises.

@Apple888,
Use Google search :
YTL POWER INTERNATIONAL BHD KLSE SCREENER

UBS being the world' s biggest private bank invests in YTL Power must have noticed the huge potentials and the bright prospects of YTL POWER.

Wah ! This forum is so hot and YTL POWER is so powerful !

Combined partnership Powers of YTL+ NVIDIA break RM4.00 towards another higher levels.

@xiaochen,
YTL POWER 与 NVIDIA 合作就是一大竞争优势.

Yesterday (Thursday 25-01-2024) Dow Jones hit another record high to close at 38049.13 + 242.74
South East Asian markets are likely in the uptrend.

@xiaochen,
Good morning. Nice to know that you are from east Malaysia. Thank you for sharing. Wish you every success in your investments.

Wish you all a happy holiday tomorrow (Thursday)

My target price for YTL POWER at June 2024 is RM5.00 but now it seems that the target price might hit earlier. I will also keep an eye on TENAGA NASIONAL as my target price is about half of the price of TENAGA NASIONAL.
What I hope is that YTL POWER will catch up with the price of TENAGA NASIONAL, but I don't know the exact time frame .

YTL POWER and its partner NVIDIA are the two powerful stars of the year 2024 and beyond.

Wish every races enjoy together in the coming Chinese New Year.

Wish everyone keeps smiling with big Ang Pow for the coming
Chinese New Year.

xiaochen,
YTL POWER 的前景一片光明.透过与 NVIDIA 将把业务提升到更高峰. YTL POWER 能与NVIDIA 合作,可说是可遇不可求,也可以说是非常的荣幸和难得的机会.

Mikecyc,
Don't be mistaken. I am not in favor of calvintaneng who used to spam to different forums with his own favorite stocks. I did advise him not to do so as it is not an ethical way to cross sell other stocks.

So let's not be sidetracked. Focus our attentions to YTL POWER and its partnership with NVIDIA.

Always remember this is YTL POWER forum . Don't be sidetracked. Focus our attentions on the "POWER" of YTL together with its partnership with Nvidia.

Solid counter. Healthy correction. Fast rebound.

NVIDIA, the partner of YTL POWER, nearly hit USD600.00 to close at USD596.54 up $1.63.

Dow Jones jumped past the historical heights to close at 38001.81 yesterday 22-01-2024 (Monday) up 138.01 points.

Good night and good luck everyone.

The Edge report dated 22-01-2024 9.37am revealed from the MIDF research saying one of the top net inflow of foreign funds were utilities with a net inflow of RM135.1 million .

It so happens that YTL POWER is in the utilities sector.

US futures on the rise. Normally ,South East Asian market follow the lead from US market indexes. No cause of Alarm. Further more YTL POWER is really powerful.

Strong support and strong closing today. . Let the bull charge again tomorrow..

I would rather invest in YTL POWER for its ability to build and manage data center fibre "infrastructure " Haha ! ! What's more with its partnership with Nividia.