EPF bought one million units. ... averaging down

i hope it bottoms up soon and also hope xpeng sales hit 900 by next Apr.

EPF bought half a million units yesterday ...

The hike of Ron95 has a long term implication for electrification. Consider it. Besides, the press did echo this recently.

BTW, eMas7 is fully imported and not assembled locally.

https://www.thestar.com.my/business/business-news/2024/12/16/automotive-sector-braces-for-bumpy-ride

"BAuto prioritises customer retention

From the perspective of a market player, Bermaz Auto Bhd (BAuto) chief executive and executive director Datuk Francis Lee acknowledges that 2025 will be challenging for all players in the automotive trade.

He reports that the only two brands to increase their volumes this year are Perodua and Honda, with new model launches.

Lee remarks: “The Chinese cars have significantly increased their volumes at the expense of traditional completely-knocked-down operators.

“They have been given incentives by our government and support from their China principals to have extremely competitive pricing, basically dumping here as there is overcapacity in the China market.”

Lee says the RON95 subsidy rationalisation will worsen the sector’s prospects for next year.

“As far as BAuto is concerned, we will not discount our cars as we are not pressured by volumes, unlike the two large Japanese car makers in Malaysia, namely Toyota and Honda,” Lee tells StarBiz 7.

He says the group will focus more on customer retention and moving cars to its loyal customers, who will be with BAuto for the next five to six years, as the company provides free maintenance during that period.

“We will also market the new car brands to this loyal group of customers,” he says."

EMO-II ... CATL
https://www.youtube.com/watch?v=rvbBGjdi89U

EMO-II ... CATL
https://www.youtube.com/watch?v=rvbBGjdi89U

EMO-II ... launch
https://www.youtube.com/watch?v=v_UHeDK7FNg
https://www.youtube.com/watch?v=1UgYg8GM238

EMO-II ... launch
https://www.youtube.com/watch?v=v_UHeDK7FNg
https://www.youtube.com/watch?v=1UgYg8GM238

https://www.businesstimes.com.sg/international/asean/ytl-power-and-sembcorp-industries-among-power-firms-likely-benefit-south-east-asia-data-centre-boom

"... the RHB analysts noted that YTL Power has also inked a partnership with Chinese data centre operator GDS to develop a 168MW data centre at the former's green data centre campus in Kulai, ... RHB's data shows taht Kulai campus has an indicative capacity of 500MW.

... YTL Power is one of Macquarie's top picks for Asian exposure to the data centre power crunch as well.

Macquarie analyst Max Koh noted that the company is still on track to receive delivery of the latest graphics processing units, the GB200 chips, ..."

https://www.businesstimes.com.sg/international/asean/ytl-power-and-sembcorp-industries-among-power-firms-likely-benefit-south-east-asia-data-centre-boom

"... the RHB analysts noted that YTL Power has also inked a partnership with Chinese data centre operator GDS to develop a 168MW data centre at the former's green data centre campus in Kulai, ... RHB's data shows taht Kulai campus has an indicative capacity of 500MW.

... YTL Power is one of Macquarie's top picks for Asian exposure to the data centre power crunch as well.

Macquarie analyst Max Koh noted that the company is still on track to receive delivery of the latest graphics processing units, the GB200 chips, ..."

Details on the hydrogen power plant.
https://youtu.be/lYEsl8id5Eg?si=ElivgEBL3y7ITwuL

Details on the hydrogen power plant.
https://youtu.be/lYEsl8id5Eg?si=ElivgEBL3y7ITwuL

US' market and Fed rate cut affect the whole market. I supported some BAUTO.
Hope to hear Xpeng bring good sales.

More opportunities in energy

https://www.theedgesingapore.com/news/energy/work-begins-ytl-powerserayas-800-mil-600mw-hydrogen-ready-combined-cycle-gas-turbine

News: 600MW Hydrogen-ready Combined Cycle Gas Turbine in Jurong Island.
Think long term, long term. Every country needs more energy!
https://youtu.be/bTr4wU6goeM

News: 600MW Hydrogen-ready Combined Cycle Gas Turbine in Jurong Island.
Think long term, long term. Every country needs more energy!
https://youtu.be/bTr4wU6goeM

For Ron95 subs removal, I think it's a long term strategy to electrify EV via national cars. Foreign brands will benefit from it as there are different levels of buyers. Just my guess.

Time to average with low share price in hope that Xpeng will do good sales ...

https://www.thestar.com.my/business/business-news/2024/10/23/positive-outlook-for-kip-reit-on-sound-acquisitions

" ... “We are optimistic about these acquisitions, as they align with KIP-REIT’s strategy to expand operations and increase total assets under management from the current RM1.06bil to RM2bil within the next three years,” the research firm noted.

... The increase in borrowing costs was primarily due to loan drawdowns for deposit payments related to the aforementioned acquisitions.

The rise in management fees was driven by higher charges from service providers, trustees and consultants, along with the additional manpower requirements for acquisition activities, which also contributed to the increase in operating costs.

... TA Research made no changes to the company’s earnings forecasts.

Consequently, the research house has maintained a “buy” recommendation on KIP-REIT with an unchanged target price of RM1.15 a share.

... KIP-REIT’s revenue for 1Q25 rose by 19.4% y-o-y to RM26.7mil, driven by a 19% increase in the retail segment, which accounted for 94% of total revenue.

This growth was primarily attributed to higher occupancy rates across retail properties.

The industrial segment also showed strong performance, with revenue increasing by 23.1% y-o-y, further contributing to its top line. "

it's a market conditions by China, US election, n other factors la... tahan tahan ...

Market issues:

"Bonds slide, Asia stocks down as US election looms"
https://www.thestar.com.my/business/business-news/2024/10/22/bonds-slide-asia-stocks-down-as-us-election-looms

Energy demands @SG continues to rise.
https://www.theedgesingapore.com/news/energy/spore-grants-conditional-approval-sun-cable-import-175gw-low-carbon-power-australia

Surely, there's a plenty opportunity for YTLP.

page 1 from above report shows:
- property op expenses y-o-y increase of 20+%
- manager's mgm and trustee related fee y-o-y increase of 47+%

cont. from above report:
"PROSPECTS
The Manager holds a favorable outlook, considering the positive performance of KIP REIT's existing property portfolio and their strategic endeavors to actively enhance leasing
and operational strategies while pursuing investments of high quality. As a result, the manager anticipates the ability to sustain a stable performance throughout fiscal year 2025.

The Manager will continue to manage the existing portfolio and exercise prudent capital management in order to deliver sustainable DPU to Unitholders. The Manager will also
continue to evaluate growth opportunities in its existing and new asset classes of retail and industrial assets."

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=230106&name=EA_FR_ATTACHMENTS

"Quarterly and Year to date Results
KIP REIT recorded gross revenue of RM26.7 million in Q1FY25, as compared to RM22.4 million in Q1FY24, a growth of 19.4%. The increase in gross revenue split into 2
segment which is 19.1% from the Retail and 24.7% from Industrial.

The investment properties from retail and industrial segment contributed 94.0% and 6.0% of the KIP REIT total revenue respectively, whilst Southern, Central and Northern
region contributed 42.5%, 39.1% and 18.4% of the KIP REIT total revenue from retail segment respectively.

The net property income ("NPI") margin for the current quarter stands at 73.7%, is consistent with the 73.8% recorded in Q1FY24

KIP REIT's realised profit before tax for Q1FY25 saw a slight decrease of 3% compared to the corresponding quarter of the preceding year. This slight decrease is primarily
attributed to an increase in manager's management fee and borrowing cost."

DPU of 1.52c announced
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=151962&name=EA_GA_ATTACHMENTS

More details:
https://www.thestar.com.my/business/business-news/2024/10/14/structured-success-continues-for-public-bank

i don't see the logic of share price drop 'cos more profit/value fr LPI. and the restricted offer is only for internal directors and eligible shareholders. if there is no successor fr the family, then the board has to find a long term plan to get qualified individuals onboard. and these individuals should have great interest/commitment to take the restricted share offers. one way is to distribute and the other is to see new leadership to rise.

Similarly, UOB SG has the same issue, no family member wants to tk over.
-just my thoughts.

If PB and LPI are making money, why run?
Anyway, is there anyone from the family taking over? (sorry, I don't hv much info on this)

sigh ... we only can decide to buy or to sell.
anyway, price now is rising ...

https://www.thestar.com.my/business/business-news/2024/10/09/ma-deal-in-the-making-with-public-bank--lpi-capital-suspension---rhb-ib

hope got good x-peng sales result ...✌

https://www.thestar.com.my/business/business-news/2024/10/09/corporate-development-brewing-in-public-bank

https://theedgemalaysia.com/node/729492

With this statement in the circular, "The Proposed Acquisition will not have any effect on the unitholders’ capital as the Proposed Acquisition does not involve any issuance of new Units by KIP REIT. ..," does that mean the current share price won't be diluted?

Xpeng CKD?

https://paultan.org/2024/08/29/bermaz-xpeng-looking-into-ckd-project-in-malaysia/

In the circular that's available today:
2.2.1 Details of the Proposed Placement
...
The maximum number of Placement Units to be issued for the Proposed Placement was
determined based on an illustrative issue price of RM0.815 per Placement Unit, which would
result in the issuance of a maximum number of 180,000,000 Placement Units. Notwithstanding
this, subject to the maximum number of 180,000,000 Placement Units, the actual issue price
for the Placement Unit can only be determined later and may be higher or lower than the
illustrative issue price of RM0.815 per Placement Unit.

2.2.2 Basis of determining the issue price of the Placement Units
...
In any event, the Placement Units will be issued at not more than 10% discount to the 5-day
VWAP of Units immediately before the price fixing date to be announced on a later date.

2.2.6 Utilisation of proceeds
...
For illustrative purposes only, assuming only 15,000,000 Placement Units are placed out to
Dato’ Ong Kook Liong and Persons Connected at an illustrative issue price of RM0.815 per
Placement Unit, the gearing ratio of KIP REIT will increase from 37.27% (as at 30 June 2024)
to 48.20% after the Proposed Acquisition, which is still below the prescribed 50.0% gearing
limit.

7.1 Unitholders’ capital
The Proposed Acquisition will not have any effect on the unitholders’ capital as the Proposed
Acquisition does not involve any issuance of new Units by KIP REIT.

The pro forma effect of the Proposed Placement (including the Proposed Placement to Dato’
Ong Kook Liong and Persons Connected) and on the unitholders’ capital is shown below:
No. of Units; RM
Existing as at the LPD 618,630,000; RM583,626,000
To be issued pursuant to the Proposed Placement 180,000000; RM145,020,000
Enlarged unitholders’ capital 798,630,000; RM728,646,000

7.4 Earnings and distributable income
The Manager believes that following the completion of the Proposals, the Proposed Acquisition
is expected to contribute positively to the earnings and distributable income of KIP REIT for the
future financial years.

The issuance of new Units pursuant to the Proposed Placement will initially dilute the EPU and
DPU due to the enlarged number of Units in circulation. However, after taking into consideration
the additional estimated net property income of the Property following the completion of the
Proposed Acquisition, the Manager believes that the Proposed Acquisition is expected to
contribute positively to the earnings and distributable income of KIP REIT for the future financial
years.

11. TENTATIVE TIMEFRAME FOR IMPLEMENTATION
Barring any unforeseen circumstances and subject to all requisite approvals being obtained,
the Proposals are expected to be completed in the 4
th quarter of 2024.
25
The tentative timetable for the implementation is as follows:
Meeting, 2 October 2024
Fulfilment of all conditions precedent, Early October 2024
Announcement of the price-fixing date for the Placement Units, Mid November 2024
• Issuance and allotment of the Placement Units
• Listing of and quotation of the Placement Units, Early December 2024

1Bestarinet was incepted and carried out by KPM minister of that time.
As for hydrogen powered transport, it is very costly to produce hydrogen. Sarawak has a different governance system and the Premier there managed to get support from Japanese and Korean technological support.
And China is going through housing crisis and its has very good high speed train infra in place, probably these are the factors that will slow down hydrogen adoption.

Mr Y's own words, no nepotism and cronyism
https://youtu.be/HZBBU3I1y_I?si=63MG4_-NkTCtFmMl

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3482947

"Reference is made to the previous announcements released on 11 March 2024, 14 March 2024, 3 April 2024, 9 July 2024 and 8 August 2024 in relation to the litigation case between Suriati binti Mohd Yusof ("Plaintiff " / “Applicant”) and CTOS Data Systems Sdn Bhd (“Defendant” / "CDS"). The Board of Directors of CTOS wishes to update on the progress of this case.



The Federal Court has fixed Case Management on 23 October 2024 and Hearing on 6 November 2024 for the Applicant’s Motion for permission to appeal to the Federal Court against the decision of the Court of Appeal on 9 July 2024 allowing CDS’ appeal.



CDS has been advised by its solicitors that there is high prospect in successfully opposing the Applicant’s Motion.

..."

probably due to the non-EV car sales decline in China.

The main cause is this:
https://youtu.be/8Ph1n1hQDOE?si=k53fFimA05qofdPY

Why trade RM2.7 or 4B with risk?
YTL Comm CEO is a MIT grad with personal take on 4G expansion when all other legacy players were comfortable with their 3G.
There were many unreported details. Some even said the project only worth RM1B+. Someone(s) has plan to take the money.

It should be <RM1.
My personal deduction based on what I read and heard is that their actual IPO purpose is unclear and they are just not at MrDIY level.

Official Statement on Bursa Malaysia by YTLPOWR:

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3481372

Blackwell is still on time lah.
https://youtu.be/NC5NZPrxbHk?si=VWrps6cnSPpUL-Ql

We can't tame how Mr. Market reacts or responses. But we can learn from him and better our skills in investing.

Results and dividend declared

Could it be ppl short it while waiting for NVDIA results that come out tonight?

Review of XPeng G6:
https://youtu.be/P7H4illtmhI