Sell lo....

Sapu sampah...

Sell....

Sell lo

Erm.... Yeoh family still happy if the share price only 1c now.... would you still be happy if the share worth nothing?

Give you opportunity to buy cheap ma

???

Faster sell la....

Sell lo...

Sell..........

Sell Sell Sell~~~~

Keep selling~~~~please...

Sell sell sell~~~~

EC claimed they haven't received the notification from YTLP.... and they are not changing the decision to direct award the project 4A.... Sell~~~~~

Good buy or good bye? Sell~~

Sell~~~~~~

Sell...... close to 0.50 already!!! Sellllllllllll This is a useless stock!!!! Sell!

Sell~~~~~~~~

Sell~~~~~~~

Foreign fund managers pulling out.... sell~~~~

Sellllll~~~~~~~~~~~

Sell~~~~~~~~~~~~~~~~~~~

Sell~~~

Sell.....

By withdrawing from project 4A, YTLP will be able to take the project only with SIPP.... 50:50 share.... kick Tenaga out.... SIPP will become major power player... same as Sarawak Energy.... Johor Sultan wants a bigger say in his state's economy.... so.... pls sell...

Smartly sell.... lolz

Sell~~~~~

Sell.... this stock is hopeless.....

Yalo.... see how long I have been waiting at 0.50? You think I am ytl so much cash in hand?

Sell

CIMB Research advises investors to accumulate YTL Power

  

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KUALA LUMPUR: CIMB Equities Research says the ongoing negative market sentiment on YTL Power International is a good opportunity to accumulate the shares as the fundamentals remain unchanged.

It said on Thursday it makes no changes to its FY14-16 earnings forecasts and its sum-of-part based target price of RM2.39.

On Wednesday, YTL Power announced that they have withdrawn from the Track 4A project under the present direct award arrangement, which was a negative surprise.

However, YTL Power remains interested in any opportunities to take part in the project or other new power plants on a competitive basis.

“We believe its chances of securing Track 4A remains strong even through competitive bidding. We think that the ongoing negative market sentiment on the stock is a good opportunity to accumulate YTL Power as its fundamentals remain unchanged. We make no changes to our FY14-16 earnings forecasts and our SOP-based target price of RM2.39,” it said.

CIMB Research was confident that YTL Power was capable of winning Track 4A in the competitive bidding process as it was the lowest bidder for the previous power plant, Track 3B, which was won by 1MDB.

It cited YTL Power's 1BestariNet 4G education project award was similar to Track 4A in that the initial directly-negotiated contract with the government was cancelled but YTL Power subsequently emerged as the winner of the open tender over 19 other contenders.

CIMB Research said YTL Power has done well in competitive bids worldwide as demonstrated by Wessex Water in the UK and Power Seraya in Singapore.

“We estimate that the power plant would contribute about 10%-11% YTL Power's FY18 earnings and 25 sen to 40 sen towards YTLP's sum-of-parts based target price, which we had yet to impute.

“We think that the negative market sentiment on the stock currently is a good opportunity to accumulate YTL Power, as the value of its existing businesses is not fully reflected in the current share price,” it said.

Yupe... look at MAS... the plane went missing, lose money almost every year.... still can give me 10%++ profit a day.... lolz

Faster sell..... huatt lai liao!

KUALA LUMPUR, June 18 — YTL Corporation is withdrawing from a consortium that will build a RM3 billion power plant in Johor that secured the job through direct negotiations, in a bid to dispel the suspicions surrounding the project’s award.

The decision comes after controversy descended on the news that a consortium involving a YTL subsidiary, a firm belonging to the Sultan of Johor and Tenaga Nasional Berhad (TNB) Nasional had been chosen to construct the so-called Track 4A gas-fired power plant in the state.

“We are thankful to the Government for having confidence in YTL Power, as part of the consortium, to deliver the Project on a fast track basis.

“However, in view of the misconception over the Project, YTL Power has decided not to participate in the Project under the present arrangement to dispel any misgivings over the Government’s commitment to transparency and good governance,” YTL Power said in a statement today.

Attention was trained on the project to build the 1,000-1,400MW combined cycle power plant owing to Tan Sri Francis Yeoh’s remarks touching on the problem of “crony capitalism”, which he made at a recent public forum.

The head of YTL Corporation had then sought to banish the perception that that he was a beneficiary of former prime minister Tun Dr Mahathir Mohamad’s political patronage, particularly in the lucrative independent power producer (IPP) sector that the former said he had mooted.

Among others, the controversy had prompted the Tenaga Nasional Berhad Junior Officers Union to remind Yeoh that he had made gains from various government projects, including those from independent power producers, according to a report by Umno-owned Malay language paper Utusan Malaysia.

Today, YTL Power said it would welcome the opportunity to participate in the Track 4A project on a “competitive basis” or in a different capacity, saying it was confident it would be also able to do so on an accelerated schedule.

On May 31, the Energy Commission announced the award of the project to the consortium on a conditional basis.

The news was met with resistance owing to the backdrop of discontent surrounding Yeoh’s remarks.

Complicating matters further was the confusion that descended on the project when TNB at first appeared reticent over its participation, and later began distancing itself from the consortium.

YTL Corporation, an infrastructure conglomerate, is one of Bursa Malaysia’s largest firms. Together with its listed subsidiaries, it has a combined market capitalisation of over RM30 billion.

- See more at: http://www.themalaymailonline.com/malaysia/article/ytl-pulls-the-plug-on-role-in-rm3b-johor-power-plant-project#sthash.uq6cq0qS.dpuf

Sell..... very hard to buy..... pls sell....

Sbb team is standby already....

Let me park at 0.50.... ytlpwb

Ytlp won't withdraw from the contract... haha.... red sea in the morning and rebound in the afternoon....

Sbb lai liao...

Sell....

YTL Power International Bhd directors are having an emergency meeting today to discuss the electricity producer's participation in the RM3 billion Track 4A power plant after getting flak over boss Tan Sri Francis Yeoh's crony capitalism remarks, say sources.

The Malaysian Insider understands the meeting is being convened after one of the Track 4A consortium members, Tenaga Nasional Bhd, was non-committal about the 1,000 to 1,400 megawatt (MW) combined cycle gas power plant.

The sources said YTL Power is examining a range of options over the award given to the company, TNB and SIPP Energy Sdn Bhd – a company linked to Johor's Sultan Ibrahim.

"They may withdraw from 4A and ask the government to have an open tender where they will bid with others.

"The thinking is that's best to restore credibility to the process," a source told The Malaysian Insider.

Critics have assailed the direct award, saying it went against Putrajaya's push for transparency and open bidding for all government projects. But Putrajaya had said it had given a direct award to fast-track the process for a much-needed power plant.

DAP Petaling Jaya Utara MP Tony Pua and pressure group Association of Water and Energy Research Malaysia (Awer) have said the deal smacked of "crony capitalism" and should go through due process.

Yeoh, the YTL Group managing director, had touched off a barrage of criticism this month when he said Malaysia must do away with crony capitalism, with critics pointing out his company had been awarded lucrative contracts in the energy, communications and property sector.

Yeoh had apologised and said his words at a government forum were misquoted.

Pua accused Putrajaya this morning of awarding the power plant deal to the YTL-SIPP-TNB consortium to appease it for not getting the RM11 billion Project 3A won by state asset manager 1Malaysia Development Bhd (1MDB).

"It is shocking how the Energy Commission has proceeded to make an award for a 20-year concession to a group of companies that didn’t even know that they are going to be working together," he said in a statement in Kuala Lumpur, referring to TNB's denial that it was yet part of a consortium despite receiving an offer letter.

The Energy Commission said last month that the YTL Power, SIPP Energy Sdn Bhd and TNB consortium would carry out the RM3 billion 1,000MW to 1,400MW gas-turbine power plant “Project 4A” based on its tender papers for the Project 3B due to the urgency for another power plant.

The award came within three months of Putrajaya awarding Project 3A to 1MDB to build and operate a 2,000MW coal-fired power plant although the company did not submit the lowest tariff for the tender exercise, which attracted seven bidders.

Pua said the award for Track 4A was not only directly negotiated, but also "the terms of the award were vague, unspecific and flimsy, as if it was conducted in an absolute hurry".

"Neither the size of the plant was fixed nor was the exact tariffs finalised – except to say that it must be ‘comparable to the last tender exercise’,” he said, adding that even the consortium arrangements between YTL Power, SIPP Energy and TNB were up in the air.

TNB has largely become an electricity transmission company as most new power plants have been awarded to IPPs but on June 3, the utility said it had received a conditional letter of award from the Energy Commission and “TNB is currently evaluating the offer as well as TNB’s role in the project.”

Pua quoted TNB chief executive Datuk Seri Azman Mohd as saying yesterday, “TNB would like to reaffirm that we have not had any prior discussions with any parties regarding the matter. As of now, we can confirm that we only received the offer letter and refute claims or assumptions that we are already part of the consortium.” – June 17, 2014

Sell...

Sell....

EPF quietly _________ back the shares they sold....

_______ when it is quiet. ;) ;)

Sapu means sell...

EPF is buying.... selll

Old news but no confirmation award.... now got confirmation.... so.... selll.... :)

Ytlp will start invest in O&G..... sell....

Sell..... mega power plant.... selll....