http://www.globalpost.com/dispatch/news/xinhua-news-agency/140612/jordan-build-mega-power-plant-increase-energy-self-dependenc

Jordan to build mega power plant to increase energy self-dependence

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Jordan to build mega power plant to increase energy self-dependence

AMMAN, June 12 (Xinhua) -- Jordan said on Thursday it decided to grant a license to an international consortium of local, Estonian and Malaysian companies to build a 2.1-billion U.S. dollar power plant, the state-run Petra news agency reported.

The 470-megawatts power plant will be fueled by oil shale, the country's key and strategic reserve that is able to diversify energy resources, said Jordan's energy minister Mohammad Hamed.

The power plant, which will be built by Estonia's Eesti Energia, Malaysia's YTL Power International and Near East Investments of Jordan, is expected to be operational in 2017.

The Kingdom, which imports about 96 percent of its energy at a cost of 2.8 billion U.S. dollars annually, or 21 percent of its gross domestic product, plans to increase self-produced energy to 60 percent by 2020.

Chinese new year eat leek huat liao

More like falling to 0.80.... sell.....

Sellllllllllll

Sell.....

Rumour... July electricity bill will increase 3.75%.... faster sell ytlp....

Sell... if no one sell, how to buy low? Sell ytlp...

Not smart... should encourage people to sell... lolz

Sell ytlp lo... ytlp going to privatise at 1.10... lolz

Sapu ytlp-wb....

MAS will never privatise, otherwise ytlp will sure buy MAS... YTL still helping GLCs to acquire assets in UK and Japan...

YTLP can take the job alone.... rumours ERL might takeover by YTLP...

Agree... but since YTLP can get power project from Govt... it lower the possibility of privatising it...

Do it quietly....

Huatt liao

CIMB Research sees YTL, Gamuda benefiting from KL-Singapore rail link

   

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KUALA LUMPUR: CIMB Equities Research expects YTL Corp and Gamuda to benefit from the Kuala Lumpur-Singapore high speed rail (HSR) project.


It said on Monday the Land Public Transport Commission's (SPAD) updates on the status of the HSR project highlighted that the targeted start of works was end-2015.


"We are positively surprised on the conviction, as the project has yet to complete its feasibility studies. Nevertheless, it is overall encouraging that the government remains committed in this high-impact project over the longer-run. 


"We believe YTL Corp could be the main beneficiary if the award takes on a private-public partnership (PPP) and private finance initiative (PFI) (versus a full government financing ) given its balance sheet," it said. 


CIMB Research added if the HSR takes off next year, it is a double bonus for the sector as MRT 2 should start too. Gamuda remains our top pick; the biggest beneficiary of the MRT, it added.


The research house added the time frame was "doable" if the RM30bil to RM40bil HSR takes on a PFI/PPP-type structure, as the additional government-type funding of over RM50bil will be focused on the remaining two MRT lines. 


"We believe YTL Corp could leverage on a PFI/PPP-scheme given its strong balance sheet. For the tender phase, likely to begin in early 2015 based on SPAD's schedule, we would not discount other potential domestic competitors such as Gamuda as the group had previously said that it was keen to bid on the HSR too," it said.

Sapu......

Ytlp won't be privatised in the short term... potentially become like DIGI...

Epf bought 10mil ytl.... 500k ytlp... mamamia...

http://www.theedgemalaysia.com/business-news/293023-cimb-research-maintains-add-on-ytl-corp-raises-target-price-to-rm242.html

Ytl can close 1.78... hehe... ytlp will follow 1.78 too... ;) ;)

Buy ytlp... quiet now... ;) ;)

http://www.theedgemalaysia.com/business-news/292965-ytl-power-unit-buys-telecommunications-firm-for-rm498m.html serious business....

No more heavy selling... can buy ytl... hehe

Ho liao

http://www.themalaymailonline.com/money/article/global-government-led-bubble-to-bust-in-two-to-four-years-francis-yeoh-warn

Tomorrow 1.78... ;) ;)

Ytlp will close above 1.60?

I still focus on both ytl and ytlp-wb...

Sbb might start with YTL...

Close 1.60...

Smartly huat liao...

CIMB Research maintains YTL on Add

   

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KUALA LUMPUR: CIMB Research is maintaining its “Add” recommendation onYTL Corporation based on a financial year 2015 forecast, price-to-earnings ratio of 10.9 times. 

The Securities Commission removed YTL from the list of Shariah-compliant stocks recently.  This resulted a drop in the share price, which fell to 6.9% with 90.8 million shares worth RM149mil.

The dip in the share price brought about a big buying opportunity.

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The research house thinks that YTL and YTL Power (YTLP) should have been removed from the list six months ago as it is the holding company, and both have the same capital structure.

“The timing of the removal is unfortunate because YTL’s share price  prior to this had rallied over the past four weeks by 14% to reach a 52-week high,” it said.

On the other hand, YTL has a share buyback programme which bought shares on Febraury 25 at a price of RM 1.61.

“We believe that YTL will be more active in buying back shares at current levels,” the research house said.

http://www.thestar.com.my/Business/Investing/2014/06/02/CIMB-Research-maintains-YTL-on-Add/

hit & run? I don't like to use hit n run on cash rich stock.... maybe can use it on MAS... hehe

Nope... fund is ready to sapu ytl at 1.55 and 1.50..... or ytlp-wb at 0.50.... I won't buy if above these prices... No big effect on my avg cost strategy...

Massive war game... lolz...

need 2 sbb teams.... ;) ;)

looks like sbb pattern but not sbb?

so many shares to sell? ZZZzzz....

They will never privatise or close down MAS too for the same reason... just like Proton, now have new chairman help them to raise RM3b.... easy job to him.... hehe

we all retail investors are like dust to them.... they don't even see us... lolz

Don't forget they have Jho Low behind.... who has access to Trillion dollar from Middle East... don't play play....

Again, they are not dumb... otherwise how can they have more than RM20b parked or banked in Cayman Islands? They are super smart to empty the people's pocket... hehe

YTLP is able to buyout 1MDB... hehe

SIPP and YTLP should be able to sapu project 4b...

YTL heavy selling... good to buy... get ready at 1.55 and 1.50...

Smartly, I use house n shares... ;) ;)

Rm80mil? So little?