added more MSC at 2.20-2.22

bought tomei at 1.10

sold at 1.16

sold at 1.39

Tomorrow is D-day for YTLP. It is also D-day for YTL not only becuase of its indirectly through 55% holding in YTLP, but also as internal EPCC for all YTLP power plant building

Strong momentum ahead of D-day tomorrow

Malaysia next king will be determine in Oct 2023. Johor Sultan is next in line for the Agong position
https://www.thestar.com.my/news/nation/2023/03/24/keeping-the-king-card-close-to-his-chest

Johor Sultan linked SIPP is closely corporate with YTL in many project.
1. SIPP bought EDL 10% from YTL
2. SIPP JV with YTL in 195km Gemas double track train
3. SIPP 30% stake in YTL kulai green data center cum solar power plant
4. SIPP JV YTL bid MRT3
5. SIPP likely JV with YTL to bid HSR later

Francis Yeoh in most recent interview cited

' I hope to retire one day, and every no problem with dividend come to my pocket.... I only have one wealth that is dividend from my share'
https://www.youtube.com/watch?v=HZBBU3I1y_I

Francis Yeoh control 50% stake in YTL and 15% in YTLP
https://www.thestar.com.my/business/business-news/2023/06/30/bullish-dividend-plan-by-ytl-corp

Upcoming Q4 likely declare 6sen dividend. Next year 2024 and 2025 will declare 9.5sen dividend as promise by Francis Yeoh, which could be higher than 9.5sen + special dividend if Japan prime land unlock at premium

KLCI index 30 top cap stock subject to 6 month review every year. The next review will be end of these year.

Tomorrow is day for Malaysia gov to announce massive RM 25 billion energy transition mega project, and all of these green energy will be privately funded. YTLP is expect to be key beneficial stock due to its cash hoard, and task by bilateral gov, both Singapore and Malaysia to export/import green energy generated mainly by solar power plant

once included as KLCI index component, it will trigger many institutional fund rush to buyin for their portfolio adjustment

Agreed, next review LCI index, the 30 largest cap will include YTL first, follow by YTLP next

bought back ytlp at 1.32

sold mcement at 3.10, swap to buy ytlp

Listicle: Mapping the EV landscape
https://theedgemalaysia.com/node/675645

No only tin use in EV battery for car and bike, but tin is use at mushroom EV charging station, replacing current petrol station

Game Changer: Banking on swappable batteries to drive EV adoption
https://theedgemalaysia.com/node/675593

Tin is key metal in battery storage energy

Indonesia plans incentives for EV makers, sets up meeting with BYD, Tesla
https://theedgemalaysia.com/node/675943

Indonesia gov is smart enough to aim for manufacture EV, battery and energy storage locally. Indonesia is set to expand it metal downstream industries especially to limit its tin exporter, the world largest tin exporter

Gov will announce super big Green energy transition plan to boost up solar power generation and export green energy to Singapore, in which YTLP is key beneficial due to exposure both in Msia and Singapore energy market

YTL construction and YTL cement/Mcement are key beneficial for YTLP big internal EPCC solar power plant work

Short term, YTL (YTL construction/YTL cement/ Mcement) all enjoy upfront development profit on green data center and solar power plant building work.

Once commissioning, Long term, YTLP enjoy steady concession like solar power generation profit + long term green data Center rental income. YTL as major shareholder, indirectly enjoy YTLP long term steady profit income

Short term, YTL (YTL construction/YTL cement/ Mcement) all enjoy upfront development profit on green data center and solar power plant building work.

Once commissioning, Long term, YTLP enjoy steady concession like solar power generation profit + long term green data Center rental income. YTL as major shareholder, indirectly enjoy YTLP long term steady profit income

YTL construction and YTL cement/Mcement are key beneficial for YTLP big internal EPCC solar power plant work

Don worry about trap as upcoming 27 July, Gov will announce super big Green energy transition plan to boost up solar power generation and export green energy to Singapore, in which YTLP is key beneficial due to exposure both in Msia and Singapore energy market

Tin price on track to regain momentum to hit again USD 29,000 soon.

YTLP run too fast, it need to wait for its major shareholder, YTL, the most promising future conglomerate and high yield stock, to catch up first.

Continue breaking high

Only properties can subject to revalue, like YTL HOSPITALITY REITS. These year, YTL REITS get revalue upward RM 150m. Last year YTL REITS revalue up RM 220m.

YTL currently only develop small fraction if its Japan prime land into hotel cum winter recreational.

YTL land also have 1000 acres prime land in KL sentul, perak and selangor, but francis is firm YTL sentul land is its core asset, no subject to sell, but, japan landbank can consider peripheral assest, value have increase tremendously, due to unlock anytime now

bought mcement at 3.00

Show time will begin next month, supply disruptions looming in Myanmar, world second largest tin exporter. From the start of next month, all mining activities, including exploration and processing, will be suspended in the Wa state to preserve remaining resources.

Additionally, world biggest tin exporter, Indonesia aims to encourage domestic processing by banning the export of tin ingots

Only Malaysia, MSC, world third largest tin exporter will continue supply tin to London Metal Exchange.

probability

Just make call to YTL shareholder affair, Mr Lee. But, he also don sure about conversion process between JPX and bursa as stock held is under standard Charter nominee account. In additional, about Japan landbank, nothing can disclose, just wait for news if anything can materializes later wor....

Can Msia listed YTL share converted to YTL listed in JPX?

I know Media Chinese which also dual list Msia and JPX can interconverted between hong kong exchange and Msia bursa

Post removed.Why?

YTL to challenge and breaking record high

For long time, Sarawak only allow CMSB to operate cement and give its exclusive status due to Taib family control. New premier seem wan to wrest Taib empire by open up state market via direct import cement from YTL cement and SCG from Thailand even CMSB promise to expand its cement production to meet local demand.

PM too eager to get foreign investment to boost up economic, but, starlink or tesla only offer very limited investment if without setting up manufacture plant, both only aim to sell their internet service and selling car only at expense of local business.

YTL wholly own YTL cement, to fully benefited from YTL cement expansion market share to Sarawark, which is now set ambition to upgrade state infrastructure tremendously.

YTL cement able to enjoy full benefit as it have spare capacity, readily to increase its exiting plant utilization to meet these new demand.

By just increase exiting plant utilization rate, it will increase plant efficiency, reduce operation cost further on top current tumbling feedstock material cost.

YTL cement profit margin = selling price + selling volume + plant efficiency + cost material

Malaysia so conveniently allow new entrant, starlink, to enter already crowded internet service provider in Malaysia.....

https://www.reuters.com/technology/malaysia-issues-license-musks-starlink-bring-internet-services-remote-areas-2023-07-20/

Cover Story: The fear isn’t fierce competition, but an uneven playing field
https://theedgemalaysia.com/node/674333

KUCHING: Sarawak is expected to see the entry of two major regional cement manufacturers, namely YTL Cement Bhd and SCG International (Thailand), under a bold plan by the state government to strengthen the cement supply chain.

This followed their (YTL Cement and SCG International) signing of a memorandum of understanding (MoU) with Innocement Sdn Bhd, a joint venture between Sarawak Economic Development Corp and Bintulu Development Authority, here last Friday.

SCG is a subsidiary of Siam Cement Group, while YTL Cement is Malaysia’s oldest and biggest cement manufacturer.

Sarawak Premier Tan Sri Abang Johari Tun Openg said Innocement’s mission is to strengthen Sarawak’s cement supply chain and to ensure the long-term reliability of supply and stability of prices of cement in the state.

He said to achieve Innocement’s goals, there must be sufficient supply of cement throughout Sarawak, adding that these supplies can be accessed in a timely and cost-effective manner and that prices are stable and transparent......

He said Sarawak has an undeveloped cement industry as there is currently only one single supplier (CMSB loss its exclusively cement producer in Sarawak now)

“It is imperative for the development of Sarawak to reduce the risk of total dependence on a single supplier to create a healthy competitive environment and that new blood be injected into the state’s cement industry.

“The cement supply chain of Sarawak needs to be strengthened,” he added.

The Premier said with the collaboration with YTL Cement and SCG International, Innocement can fast track the growth and cut short the time-to-market.

YTL Cement has operations across Malaysia, Singapore and Vietnam.

SCG International, on the other hand, has a total cement production of 34 million tonnes across 11 cement plants located in Thailand and throughout the Asean region

Remark: YTL cement own 78% Mcement. YTL cement itself wholly own Malaysia largest quarry operation and supplies many other upstream building material like sand and aggregate
https://www.thestar.com.my/business/business-news/2023/07/17/sarawak-strengthens-its-cement-supply-chain

KUCHING: Sarawak is expected to see the entry of two major regional cement manufacturers, namely YTL Cement Bhd and SCG International (Thailand), under a bold plan by the state government to strengthen the cement supply chain.

This followed their (YTL Cement and SCG International) signing of a memorandum of understanding (MoU) with Innocement Sdn Bhd, a joint venture between Sarawak Economic Development Corp and Bintulu Development Authority, here last Friday.

SCG is a subsidiary of Siam Cement Group, while YTL Cement is Malaysia’s oldest and biggest cement manufacturer.

Sarawak Premier Tan Sri Abang Johari Tun Openg said Innocement’s mission is to strengthen Sarawak’s cement supply chain and to ensure the long-term reliability of supply and stability of prices of cement in the state.

He said to achieve Innocement’s goals, there must be sufficient supply of cement throughout Sarawak, adding that these supplies can be accessed in a timely and cost-effective manner and that prices are stable and transparent......

He said Sarawak has an undeveloped cement industry as there is currently only one single supplier (CMSB).

“It is imperative for the development of Sarawak to reduce the risk of total dependence on a single supplier to create a healthy competitive environment and that new blood be injected into the state’s cement industry.

“The cement supply chain of Sarawak needs to be strengthened,” he added.

The Premier said with the collaboration with YTL Cement and SCG International, Innocement can fast track the growth and cut short the time-to-market.

YTL Cement has operations across Malaysia, Singapore and Vietnam.

SCG International, on the other hand, has a total cement production of 34 million tonnes across 11 cement plants located in Thailand and throughout the Asean region

Remark: YTL cement own 78% Mcement. YTL cement itself wholly own Malaysia largest quarry operation and supplies many other upstream building material like sand and aggregate
https://www.thestar.com.my/business/business-news/2023/07/17/sarawak-strengthens-its-cement-supply-chain

Mining output was heavily impacted in January and February during an earlier round of protests following the ouster of former President Pedro Castillo, who was arrested after illegally attempting to dissolve Congress.....

tin price rocket USD33k in Jan-Feb. Peru is one of world major tin producer

https://www.msn.com/en-us/news/world/perus-mining-zones-back-protests-which-boluarte-calls-threat-to-democracy/ar-AA1e2x8N

Boustead holding hold huge borrowing cost burden, can't declare dividend to its major shareholder LTAT which in turn need to meet pension payout for all retire soldier。 Boustead badly need to sell prime landbank in kulai to unlock value to meet its holding cash requirement。

Kulai landbank is overvalue if use only for palm cultivation, such prime land need to develop into high value added solar power plant, and export green power to lucrative energy market in Singapore.

It is bumi control company badly need cash, opt open tender for all bumi and non bumi to sell its landbank. Pick the highest bidder either bumi and non bumi to get maximum value is its best interest for LTAT and majority bumi pensioner.

YTLP is expect to acquire more Boustead estate in preparation to develop solar plant, targeted to export to Singapore to in line with Msia gov green energy roadmap for both local and export market, specific hub for green energy to export to Singapore. Detail should be announced by 27 July

YTLP is expect to acquire more Boustead estate in preparation to develop solar plant, targeted to export to Singapore. YTL construction is task as EPCC to develop these solar power plant to be import by Power seraya in singapore next

To support YTL share to outperform YTLP, its other division need to perform now:
1. Construction (Gemas double track train, Green data center civil work, EPCC solar power plant, logistic warehouse for Shoppee, UK property development),
2. building material and cement (YTL cement . Mcement),
3. REITS (starhill and YTL hos) + Sentul property development (YTL land)

Upcoming, many catalyst to propel YTL share price higher. Earning contribution ratio will change from current YTLP (60%): others (40%) to YTLP (40%): Others (60%)

1. MRT3 civil contract
2. MRT3 train system contract
3. HSR concession cum construction orderbook
4. Cement and building material (Mcement to report massive EPS hike due to tumbling production cost on coal, continuous elevated cement selling price and maiden dividend is expected)
5. Unlocking Japan landbank, peripheral asset
6. REITS to report massive EPS due to revaluation surplus
7. YTLP to report further increase EPS due to wessex water hike and Power seraya
8. Currency strength on pound, USD and Sgd

Staycations and short hops around South-east Asia seem to be making a comeback, noted YTL Hotels’ chief, as travel demand continues to remain strong after the initial wave of post-lockdown revenge travel.

Mark Yeoh Seok Kah, executive director of YTL Hotels, told TTG Asia that there has been an “upswing in demand on Fridays, Saturdays and Sundays” for YTL properties in its home country Malaysia.

https://www.ttgasia.com/2023/07/06/ytl-hotels-sees-strength-in-south-east-asia-markets/

Francis Yeoh said: I only have one wealth, that is dividend from my share....

https://www.youtube.com/watch?v=HZBBU3I1y_I

Remark: Seem Francis Yeoh is eager to retire and wanna to get steady handsome dividend forward. Unlocking prime land in japan, privatize YTLP before listing YTL seraya and wessex water is imminent to boots up dividend payout forward.

The reason why YTL intend to unlock UK wessex water is because recent high inflation in UK have push up wessex water enterprise value significantly。 It next 5 year renewal is due on 2025, will leap up higher traffic rate, which is prime time for YTL to unlock through listing.

On the other hand, YTL power seraya also due to unlock value through listing as it currently enjoy very handsome profit margin 20%.

Such high margin is due to Singapore current imbalance energy demand and supply. New power plant supply only kick start in 2026 and before more import green energy materialize。

Share swap idea is because YTL intend to unlock UK wessex water and Sing Power seraya in next few year. But, the current corporate structure is both of these prime assest are park under YTLP, in which YTL only control 55%.

In order to maximize value, YTL should take over YTLP first, before unlocking UK wessex water and Singapore Power seraya.

Francis Yeoh control 50% YTL
YTL control 55% YTLP
YTLP control 100% Wessex water and 100% Power seraya

If you are francis yeoh, planning to unlock wessex water and power seraya through listing, what should you do?

Remark: Francis Yeoh via family member also have direct stake in YTLP, about 10%

MLFF system is estimated to cost about RM3.46bil, if YTLP successful implement, it will be good long term steady profit, diversifying it earning base to built up Malaysia business to include green data center and MLFF, avoid over dependent on singapore Power seraya and UK wessex water

Francis Yeoh control 50% YTL
YTL control 55% YTLP
YTLP control 100% Wessex water and 100% Power seraya

If you are francis yeoh, planning to unlock wessex water and power seraya through listing, what should you do?

Remark: Francis Yeoh via family member also have direct stake in YTLP, about 10%

Upcoming, many catayst to propel YTL share price higher. Earning contribution ratio may change from current YTLP (60%): others (40%) to YTLP (40%): Others (60%)

1. MRT3 civil contract
2. MRT3 train system contract
3. HSR concession cum construction orderbook
4. Cement and building material (Mcement to report massive EPS hike and maiden dividend is expected)
5. Unlocking Japan landbank, peripheral asset
6. REITS to report massive EPS due to revaluation surplus
7. YTLP to report further increase EPS due to wessex water hike and Power seraya
8. Currency strength

To make 1 for 1 share swap, YTL share need to trade higher than YTLP to make offer attractive. Already, i believe many YTLP shareholder are opt to swap to YTL beforehand now to enjoy higher YTL share price later