Preparing some fund to buy more ytl and ytlp-wb

Gonna start sbb already....

20c by end of today?

The queue is building up... then can sell 2-3mil in a minute...

Halal fund managers selling to non-halal fund managers lo... how much more to sell?

All 500k shares selling.... bloody mary lo

So many ytlp shares to sell...

Sell lo

Happy trading tomorrow! :) :)

Someone from Phillip Capital told me ytl might sell erl to ytlp to keep ytlp listed in Malaysia.. up to you to decide whether it is relevant or not lo... ;) ;)

You should also question... ytl not halal, why affect ytlp? Use commonsense la young people....

Sorry "teacher"... I buy both ytl n ytlp-wb... but I only post on ytlp thread... :p

KUALA LUMPUR: Rail operator Express Rail Link Sdn Bhd (ERLSB) is developing a new growth path to boost its revenue and profit.

    Chief executive officer Noormah Mohd Noor said  ERLSB is planning to build a train station at Mid Valley Megamall, here.

    She said the company is working on a proposal for submission to the Transport Ministry and Public Transport Commission (SPAD).

    "A lot of people have been asking us what we are going to do next in order to grow. There should be a stop at the Mid Valley Megamall to cater to passengers. But the decision depends on the ministry, SPAD and the other stakeholders.

   "We also are working towards increasing our ridership by 40 per cent this year, helped by the new Kuala Lumpur International Airport 2 (klia2) in Sepang," she told Business Times recently.

     ERLSB, majority controlled by YTL Corp Bhd, won a 30-year concession in August 1997  to finance, build, maintain and control the  express rail link (ERL) operations between KL Sentral in Brickfields and Kuala Lumpur International Airport (KLIA) in Sepang.
     ERLSB  has also built a 2.2km line extension to klia2 at a cost of RM100 million.

    The ERL line, which is served by 12 four-car train sets, carries around 19,000 passengers daily.  The trains stop at two terminals (KL Sentral and KLIA) via KLIA Ekspres, and three intermediary stations (Bandar Tasik Selatan, Salak Tinggi and Putrajaya) via KLIA Transit.

     Noormah expects total passenger volume to  rise by two million  to 8.4 million passengers this year and 10 million next year.

     "We are looking at buying four new train sets to cater to higher passenger volume. We may acquire them from either Europe, Japan or China," she said.

    Noormah said the deal will be finalised within the next two to three months and delivery of the trains will take 23 months. 



Read more: ERLSB tracking new profit path - Today's Paper - New Straits Times http://www.nst.com.my/business/todayspaper/erlsb-tracking-new-profit-path-1.608685#ixzz33N8rMgva

http://www.nst.com.my/business/todayspaper/erlsb-tracking-new-profit-path-1.608685

Huatt ah!

Smartly and hng33 huat liao...

If it owns by SIPP and YTLP only... then YTLP new price call will be 2.60-3.00.. but now they give a piece to Tenaga... I give the price 2.20-2.50... with the potential to win project 4b....

Although it seems like a disadvantage of giving a piece of project 4a to Tenaga... but it will assure Tenaga to build the cable connecting from the South and guarantee purchase of all the future power from project 4a...

YTLP will have to continue to expand in overseas and lower Malaysia profit contribution... Though war for chinese company to stay in the major industries in Malaysia...

Hmmm.... only get 1/3 of the power plant.... which means still possible to get project 4B...

http://www.thestar.com.my/Business/Business-News/2014/05/31/SIPP-YTL-Tenaga-JV-secures-Johor-power-plant-job/

:)

Tough war ytlp.... faster sell on Monday

http://www.thestar.com.my/Business/Business-News/2014/05/31/Damansara-Realty-may-join-the-power-game/

Damansara Realty may join the power game

   

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UNFANCIED property development company Damansara Realty Bhd is speculated to be a beneficiary for the job to build a gas-fired power plant in Johor called Project 4A.

This is on account that the new major shareholder of the company, that has interest in facilities management services, car park operations apart from property development, is linked to the royalty in Johor.

Damansara Realty recently saw well-connected businessman Datuk Daing A Malek Daing A Rahaman emerging as a controlling shareholder after he acquired a 51% block in the company from Johor Corp at 50 sen a share.

Daing A Malek is a member of the Council of the Royal Court of Advisers to the Sultan of Johor is said to be a close associate of the Johor royalty.

The Sultan of Johor has already registered his interest in venturing into the power generation business through SIPP Power Sdn Bhd.

YTL Power International Bhd is the major shareholder of SIPP Power.

In August last year, SIPP Power Sdn Bhd, a joint venture between the Sultan and YTL Power submitted the lowest bid to Energy Commission (EC) to build a 2,000MW coal-fired power plant. However, the contract was awarded to1Malaysia Development Bhd (1MDB) based on technical grounds.

SIPP had originally partnered Formis Resources Bhd, which has since pulled out of the tender.

For the new power plant, industry officials do not discount Damansara Realty having an interest considering that it is one of the listed companies whose shareholders are linked to the Johor royalty.

It has not been established if the Sultan and YTL will team up again to bid for the Project 4A.

For now, AmResearch says Tenaga Nasional Bhd is still a strong candidate for the project, given that it is the sole off-taker for power generation in Peninsular Malaysia. Also, for Project 4A to be fast-tracked, TNB needs to expedite the completion of the 500-kilovolt southern line, which links Lenggeng in Negri Sembilan to Yong Peng, Johor, from an earlier schedule in December 2018.

“For Project 4A, we are uncertain at this stage which party will secure it as there is likely to be strong political opposition to the EC’s policy reversal. TNB’s unions have recently expressed their concerns to the EC chairman,” AmResearch adds.

According to analysts, TNB currently appears to be a strong candidate for this project, given that it is the sole off-taker for power generation in Peninsular Malaysia

Apart from his interest in the power sector, the Sultan has also declared his interest to be involved in the corporate world.

The Sultan has also been speculated to partner 1MDB on the proposed project. However, analysts say 1MDB too has the capabilities to bid for the project on its own.

Analysts say the YTL Power site in Pasir Gudang and 1MDB’s Genting Sanyen site in Kuala Langat, Selangor are suitable locations for the Project 4A. YTL Power’s concession in Pasir Gudang and Paka are slated to end next year.

First generation IPPs that have been awarded with an extension of 10 years to their PPAs are 1MDB’s Genting Sanyen and Segari Energy Ventures Sdn Bhd (a subsidiary of Malakoff). TNB Pasir Gudang has been awarded a five-year extension to its PPA.

The demand for electricity in Johor is expected to surge especially in areas within the southern part of Johor and in Johor South-East where various economic activities are currently taking place.

Industry players say activities in Iskandar Malaysia would be the major factor to push up demand for electricity.

In addition, with Johor’s plan to transform the state into a new regional oil and gas (O&G) hub in line with the Economic Transformation Programme was another factor that would contribute to the surge in power demand in the state.

In a recent closed-door meeting, Datuk Rozimi Remeli, TNB vice-president (transmission) says TNB would spend RM8.48bil over four years to boost its electricity transmission network, as it steps up investments in new technology such as “self-healing systems” to reduce blackouts and keep up with the fast-growing demand for power in new growth areas.

The national utility company said the overall transmission network planned for Nusajaya development would cost about RM961mil.

The country’s average growth of electricity demand from 2014 to 2018 is expected to be 3.31%. In 2013, the electricity demand peak at 16,562MW and this is expected to reach 19,492MW in 2018.

No doubt the Sultan of Johor wants a piece of the action in the power sector given that Iskandar Malaysia will continue to be a high growth area for electricity demand in the region.

http://www.thestar.com.my/Business/Business-News/2014/05/31/Point-of-no-return-The-power-sector-is-poised-to-go-through-another-period-of-controversy-as-competi/

Wonder sbb buy back how much on ytl...

Faster sell!!!

Hng33 is very smart....

Sbb is in!

Sell Sell Sell! :) :)

Cadbury still halal anyway... lolz... yes... faster sell

Oh yeah.... sell!

Hehe. Buy u lobster

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1638661

Why buy when it is not halal?

Within 12 months.... ;) ;)

Conservative calculation... Ytlp fair value around 2.00.... with project 4A it can be valued at 2.60-3.00... of course any other project will only add value to its share...

YTL's highlight will be high speed train to Singapore.... and also ERL extension to Seremban and Melaka... YTL's share should be valued at 2.20-2.60 at the moment...

Both shares are well below its value due to the large amount of cash in hand.... the speculators can't simply goreng its shares... lolz

Yupe

My TP is 1.60 actually

More fund managers are in n buying now

Oooi... I want to sell wb at least at 1.00...

hng33... your comments are very reasonable... yeah... buy at our own risk.... lolz

Don't be too serious.... like it? Buy lo.... no like it? Sell lo....

Political or business decision.... RM9.5bil is hell lot of cash in hand for YTLP.... YTL CEMENT only have less than RM1b in cash while it was privatised...

Huatt ah~

Lolz... faster sell lo...

Great.... faster sell

Will drop below 1.10.... faster sell

See... drop already.... faster sell lo

Yalo... please sell

Hehe

This stock is hopeless.... sell... :p