https://www.imoney.my/articles/chicken-egg-subsidy

According to this news , if govern stop the subsidy , the egg price may go up to 10sens each egg , and the current subsidy is 8sens per egg , so , the removal of subsidy should benefit company more , that make me can not understand why people keep saying TSCB is doomed when the subsidy been removed ?? anyway , the next QR shall help us to understand more if the company can sustain the profit .. for me , I am happy if they can maintain the EPS of 15sens per quarter consistently ..

The total shares remain unchanged , that means it will not dilute the EPS after the bonus share issuance ..

A total of 4,301,313 treasury shares were distributed on 15 April 2024 via share dividend distribution of treasury shares on the basis of one (1) share dividend for every sixty seven (67) existing ordinary shares held in Teo Seng Capital Berhad in respect of the financial year ended 31 December 2023. There is no cancellation of treasury shares. The total number of issued shares of the Company remain unchanged i.e. 300,008,175 ordinary shares.

https://teoseng.com.my/wp-content/uploads/2020/04/8.-Dividend-Policy-Reviewed-as-at-16-Mar-2018.pdf

PP at 0.535 , slightly higher than closing , wonder who will be the new investors for these 10% of shares ..

If the quantity of eggs sold in last quarter same as previous one then the revenue and profit should be maintained as the feed cost is till low in last q .. lets see the result in next month , anyway , still hope company can give more dividend for FY23 ..

Teo Seng is undervalued stock as long as they can maintain the EPS more than 10sens consistently ...based on the past few quarter report , this is possible ..

The feed cost should be still low as the corn and soybean future is lower based on 6 months trend , next Q result should be good as well..

Hope management give more bonus .....

This could be one of the cheapest profitable and undervalued O&G counter , need more positive news to get investor's attention ..

company is doing well , revenue ,profit up and debt is reducing , as long as they can sustain this , don't really see the problem here , at least , I can not find any risk factor as of now ..

I lost 10% so far , if management willing to release more dividend then I am fine . Ha ...

https://klse.i3investor.com/web/blog/detail/AmInvestResearch/2024-03-11-story-h-186546058-Plantation_Sector_Large_Soybean_Supplies_to_Keep_Grain_Prices_Low

Believe this shall help TS to maintain low cost and sustain the profitability for quite some time , and hope management can give better dividend later , that could be the key factor to drive the share price up now ..

If TS can sustain the profitability and adhere to their dividend policy then should be a good chance to accumulate .. another key point is government policy , if they remove the subsidy and allow company to adjust the egg price then the impact should be minimum to company , just imagine if the egg price up 10 sens then 4.5mil egg /day for 3 months is around 40mil ....

Management issue share as dividend and Director buy back the share , good sign

soybean and corn future is keep dropping , that should benefit company to sustain their profitability , hope to see better result in next QR ..

If management generous enough to give 50% of net profit as dividend then the current price will be a good bargain buy , lets see ..

Hope management can give good dividends since company earned so much in last financial year …

May be management should consider to buy back more shares now ..

Good QR , when 2nd MOPU start operating (should be this quarter if not wrong), the revenue and profit shall increase accordingly...

Hope can go break the 52weeks high soon ..

FY2023 revenue Q1 recorded loss due to lower sales , with all these contract extension and Petronas Capex . they should see better sales and profit in 2024 , as some of the contacts was awarded in Q2 2023 ,and got extended until end 2024 , on top of that , the turn around of Perdana which should benefit the company performance as well , with this for sure they will have better revenue and profit in 2024 .. hope they can bring us more good news soon ..

anybody know when the QR will be released ??

Another new contract awarded and Perdana also won two new jobs ,2024 should be a prosperous year for both Dayang and Perdana ..

The next QR may not be better than last QR due to Monsoon based on the statement from management in previous report , however , the prospect is good started from this quarter when the weather is back to normal ..

Good job .. Another new contract in the pocket , if not wrong this should be the 5th announcement on job awarded in 2024 .. very promising ...

I read from the news release in Bursa under company announcement…

EPF start buying .....

Dayang got another contract extension .. up to now already 4 contracts in a month , a good sign for the company .. wonder if IB will adjust the TP due to this ??

Dayang won 3 contracts in one months , O&G business is booming ....

https://klse.i3investor.com/web/blog/detail/kianweiaritcles/2024-01-05-story-h-211328332-UK_house_prices_defy_forecasts_with_gain_in_2023_Halifax_says

UK house price still up even at economic downturn .. the reason could be due to house shortages based on this report , that could be the reason why YTLP dare to launch the second phrase now as the demand is there ..

https://www.thebusinessdesk.com/south-west/news/5526-second-phase-of-huge-bristol-development-gets-green-light

Based on this news , YTLP should have started their UK properties project by now and expected to have first house to be completed by end of 2024 .

even the current price , the PEX is only at 9.5 , still have room to grow comparing to the peer like Tenaga .. IF they can maintain the EPS more than 10sens , then for sure it will go beyond 4 or 5 by the time ..

https://klse.i3investor.com/web/blog/detail/AmInvestResearch/2024-01-04-story-h-211356292-Power_Reaching_for_the_sun

WTE is another venue that YTLP is pursuing now , Johor also plan to build WTE power plant , may be that is one of the reason why YTLP invested in Ranhill ..

PE 8 is till undervalue .. YTL also have 13X now .. it would be good if YTLP can match that , chances are there if YTLP continue to deliver good result ...

Happy new year to all , and wish all of you have a prosperous and fruitful new year ..

https://www.businesstimes.com.sg/singapore/singapore-household-electricity-gas-bills-continue-climb-tariffs-rise-q1-2024

As expected , the Singapore electricity bill will be up again started from 1st Jan ...

https://www.wessexwater.co.uk/bills-and-accounts/our-charges

According to the wessex web site , the water bill charges shall be increased again started from 1st April 2024

In short , YTLP is a healthy and wealthy company , not promoting , but support with truth based on the financial report ..

for me , debt is not a concern if the debt is used for investment which can generate enough profit and good return . the key things is still if the investment can generate enough profit to strengthen the company cash flow ..

@OTB , I suggest you just ignore him , not worth it , we should just focus on finding info to allow us getting more return from investment , that is why I never respond , I am only interested on how far YTLP can go and what is my next investment target ..

https://klse.i3investor.com/web/blog/detail/kianweiaritcles/2023-12-20-story-h-212279816-UK_inflation_falls_far_more_than_expected_lowest_since_Sept_2021

this may benefit YTLP as well ..

I studied the MCEMENT trend , it took them about 7 months to reach RM4.3 (from 2.5) , however , the PE is 21X , so I believe YTLP may need shorter time to achieve that as long as the EPS maintain at 8 to 10sens consistently..

YTLP is traded at PE 7.6X now , and YTL traded at 14X , hence, YTLP is definitely undervalued stock .. on top of that , company do not have any near terms threads to their current and near future new business plan , really don't understand why the share price can not goes up above RM 3 ..

https://www.klsescreener.com/v2/news/view/1250201/%E4%BC%81%E4%B8%9A%E7%9B%88%E5%88%A9%E6%9C%89%E6%9C%9B%E8%B5%B0%E9%AB%98-%E9%A9%AC%E8%82%A1%E6%98%8E%E5%B9%B46%E5%A4%A7%E4%B8%BB%E9%A2%98%E7%AA%81%E5%9B%B4

Maybank IB also recommend YTLP ..

https://www.klsescreener.com/v2/news/view/1250005/mlff-plan-will-save-opex-costs-raise-rm200-million-a-year-for-government-to-give-discounts-to-road-users-its-promoter-says

I thought this was handled by YTL , now looks like this is fall under YTLP as well , however , this may not be materialized due to the resistance from current toll operators and politicians , lets see ...

I guess is profit taking...

@probability , Thanks !! appreciate that .. this make me have more confidence to hold further .. hope it can break RM 3 soon ..

https://www.bloomberg.com/news/articles/2023-12-18/malaysia-s-top-stock-ytl-power-is-poised-for-more-gains-after-200-rally

Anybody can get the full article to share with us ???

downside risk for YTLP is low based on few facts ,
1. be included in the KLCI index started from next week (may attract more fund manager to invest .
2. Low PE (lowest in the industry )
3. Stable income and profitability (based on past few q results ) and no near future thread to their core business .
4. strong business pipeline , new WTE power plant , Data center , Digital bank , solar energy farm ..
5. If the interest rate in UK come down , then another good opportunity is to activate back their UK properties project since they already hold the big size of land there , it is matter of time to re activate the project as the demand is there based on the research..

that is the reason why I invested in YTLP ..