Since YTLP already included in the index , will this help to improve the PE expectation ?? lets see what is the market respond in next few weeks .. I hope all investors who is holding share now can get big new year pocket money soon..
YTLP is definitely undervalue , if they are listed in US , the share price should have appreciated at least 200% now, suggest management to list their valuable assets to unlock the intrinsic value and give good return to the shareholder ..
I remembered one of the agenda of AGM is to seek approval for the share buy back .. just not sure what is the company plan after the approval , the best is to buy the share and distribute back to shareholder as bonus share , ha...
YTLP share price should be able to advanced further once their new business plans revealed to public , up to now , they never mention why they invested in Ranhill , and Data Center will become new income stream as well .. the revenue growth path is clear and they should deserve higher PE and share price beyond RM 4 ...
lets wait for the QR , going south or north all depends on this .. I am only interested if this company worth to invest and get some profit and move on .. so far , all the data seems quite positive and the next QR shall help us to understand more if the previous 2 QR profit is sustainable or not ..
If the company is doing well and showing good potential then the share price will sure soaring up , the good example is Genetec , in contrary , if the company share price being manipulated based on news , then it will not be able to sustain , the good example is CFM ..
YTLP could be one of the most stable company in Bursa for next two years , the next QR result could help to justify it ..the reason is very simple , Singapore have high demand of electricity , most of their retail business have two years contract and they also secured low natural gas contract for next few years ,so they just need to ensure other divisions do not fall into red , we shall see EPS easily 8 to 10 sens per quarter ...
Singapore power consumption in 2022 was 54.9TWh and first half 2023 was 26.5TWh , if the trend remain , the whole year consumption should be similar to 2022 , too bad , I can not find the monthly data from the web , or else , that should help us to understand better before the QR release .. right now , just need to wait patiently ..
YTLP PE is low , I guess this is due to the past inconsistent performance , hence, company need to demonstrate the consistent profitability to convince investors their real potential , if they can maintain EPS more than 10sens consistently in next 2 quarters , don't see why the share price can not be more than 4 . I believe worst is over for YTLP , lets the next QR to help us justify this ..
For those who are interested to see the Investor Presentation by YTL Power on 17th April 2023, can google "YTL Power Investor presentation " , I can not post the link (don't know why ) .. . The previous mentioned message is on page 10 .
According to the their investor presentation in Apil 2023, most of their customer in Singapore had signed up the contact in next two years , plus they have relatively low natural gas contract in next two years as well , hence, the current lower rate shall not affect their profit , we shall see the next QR result , that shall help to justify this .. I also would like to know if that is true ..
the next catalyst is the QR , if result is good , then EPS increase , automatically all IB will adjust the TP accordingly , so, just need to wait for another 18 to 20 days ... before that , any new positive corporate news may help to push up the share price , lets see ..
The next QR will help us understand more if this is undervalued or overvalued counter , so , no need to argue , lets the data and facts talk , we shall invest based on performance of company and that need a lot of company business data to judge , so, we have less than one month to judge this and I hope company continue to deliver what they committed and sustain the growth ..
Found this article today , worth to read , this was published in April , I thin the author may need to re calculate the profit estimation again as the power division alone , the Q4 QR alone already exceed his one year estimation ...
Anyway , he really brought up a good point , now is really a good time for management to get their valuable asset listed in London and Singapore , it will make YTLP become a cash rich company ... hope to hear good news soon ..
YTLP has very good strategies to drive the future growth , hence, the key things is to deliver steady and sound QR in next few quarters , that will help to attract more investors to understand their potential , in fact , I really suggest management to get Singapore and UK asset to be listed and release their real intrinsic value , meanwhile , company can reduce the debts as well ..
Anybody has any insight info on the Digital Bank project ?? not sure what is their progress with Sea on this ...I guess they may launch it together with the Data Center which suppose to be live in early 2024 ..
Sea already have digital bank experience in Singapore , Indonesia and Philippine , so should be no problem to set up one in Malaysia ...
Separately, EMA and the Maritime and Port Authority of Singapore will also select a project developer to provide a low or zero-carbon ammonia solution for power generation and bunkering on Jurong Island..
will YTLP get this project ?? hope for the best ...
As long as company continue to doing well and maintain the EPS more than 10sens , I am not so worry , this is one of the undervalue company if management deliver what they committed and market will appreciate it again ,I don't think we need to wait for too long to see this , the earliest shall be in Nov ..
Market sentiment is bad now , hence, have to wait for the next QR .. hope that our judgement is correct , if management can sustain this , then this is one of the few company in Bursa can deliver such a steady income.. Meanwhile , company should seriously consider monetize the Singapore operation since their performance is good , should yield very good return now ..
even the revenue maintain at 4B , the profit is 800mil ,which is close to 10sens EPS already , hence, as long as the other division can be break even , the next QR should be more than 10sens easily .. lets see if management can sustain this and we should be able to see this from next QR report ..
Did some comparison for the FY23 Q1-Q4 , Power generation profit and margin comparison , we can see the company enjoying double digit margin started form Q3 which is revenue generated from Jan - March 2023 ,and that is mainly contributed by lower natural gas cost and higher S$ , which could be sustained for next two years
Wait for the next QR , have a feeling this QR should be good if there are no impairment charges .. basically , power division is steady and Water division should be positive plus the Jordan power plant start contributing , my guess the bottom line should be more than 1B which EPS can be around 11 to 13 sens .. hope my judgement is correct .. On top of that , they suppose to submit the new price review plan by this month , all the inflation cost shall be reflected in this new plan , that will help to boost up the bottom line as well ..