Buy and hold, TP by March 2024 is 3.0+ and that’s only based on a super conservative 8x P/E. This is a stock with 30-100%+ upside potential as multiple rerates along with strong earnings and cash flow growth.

It's like a jinx, lol. Bought more at 2.26 earlier dip, further bought more at 2.33 this morning possibly thanks to contra force sale that completed in the morning. Buy and hold ;)

The biggest price increase happens between announcement date and inclusion date. Tomorrow it will be announced, so it will be a good opportunity to front run index funds before they are officially cleared to enter YTL Power tomorrow.

Tesla increased around 70% between announcement and inclusion date into S&P500. That is the power of index inclusion.

https://www.freemalaysiatoday.com/category/business/2023/08/21/hap-seng-ytl-power-jump-on-inclusion-into-ftses-asia-pacific-index/

YTL Power jumped 10+% on inclusion of FTSE Asia Pacific small cap index. Will be interesting to see how much it jumps on inclusion of FTSE FBMKLCI Index

Tenaga last 4Q PAT = MYR2.86bn; market cap 57 billion; P/E 20x
YTL power last 3Q PAT + next Q PAT = expected MYR3.0bn+; market cap 19 billion; P/E 6x

The undervaluation of YTL Power is just too jarring given the strong underlying performance and fundamentals. Given that both utilities companies will be component stocks of FBMKLCI now, it's official green light for many institutional investors to start looking at YTL Power, and utilities sector is the #1 net foreign inflow sector.

Which stock within the Malaysian utilities sector will be the most attractive? I think we all know.

Buy early now, go for a nice holiday, check your profits in the week of Xmas and New Year. Once you have that profit buffer, you can just switch off and no need to check everyday and be at peace, and wait for the next sterling quarterly results to be announced by end Feb 2024, which should be in the range of 800m - 1bn+.

Congrats. Large institutional funds will now start buying into YTL Power to rebalance their portfolio, coupled with bullish early 2024 fed rate cut sentiment and year end Santa rally, supported by super strong fundamentals and cashflow at undemanding cheap 6x P/E valuations. Clear green skies ahead for the rest of 2023. Buy early and hold!

interesting study on the positive effect of index inclusion on share price, and price movements start before announcement.

https://www.nasdaqbaltic.com/files/riga/Studiju_darbi/Bankovica-Pranevics_bak.pdf

The results show that significant abnormal returns are present on the announcement
day, and investments in these stocks would earn on average 5.1% over the subsequent
month....In addition, our results show that in both cases volatility starts to
increase a few days before the respective event.

1) solid locked in high retail prices (geneco today still charges 29.52 cents / kWh!) with cheap gas input prices locked in for years ahead with obscene margins to persist

2) solar powered green data center in JB, backed by renewable energy export to Singapore

3) extremely cheap valuation, by next quarter LTM PAT will hit >3bn likely with 6x P/E or less based on current market cap. Huge multiple rerating can be expected. TP will be 3.00+

Diamond hands 💎👐

https://www.theedgesingapore.com/news/sustainability/ytl-powerseraya-expand-solar-capacity-jurong-island-plant-5mwp

1) Opportunity to accumulate at an attractive price prior to the QR release end Nov. I have continued to buy to average down my cost.
2) >95% of YTLPWR's revenue generated overseas, weak MYR will translate to exceptional gain
3) Buy and hold, diamond hands

Singapore electricity market will be tighter and tighter, and YTL Power profits will be higher and higher:

For households, the electricity tariff (before GST) will increase from 27.43 to 27.74 cents per kWh for the period 1 July to 30 September 2023.

For households, the electricity tariff (before GST) will increase from 27.74 to 28.70 cents per kWh for the period from 1 October to 31 December 2023.

The reason why I'm buying this stock is because I'm based in Singapore and can feel the electricity prices doubled over the past 2 years. In Singapore, consumers usually can choose 6 months lock in, 12 months lock in or 24 months lock in prices for electricity price. Why is it so important to understand this? Reason is because over the past 2 years, electricity prices have doubled and more and more people who locked in cheap prices in the earlier years of Covid now have no choice to recontract at the higher rate (myself included), and see their electricity bill doubled. Players like PowerSeraya (and their retail arm Geneco) have locked in cheap gas input prices will start to enjoy fat, obscene margin because their cost is fixed, but revenue has doubled. This situation is likely to persist for the next few years (HLIB report) and Power Seraya will continue to make huge profits, which will be reflected in the next 2 quarters report and I expect their PAT to go up to MYR2.6bn or more (assuming a conservative 500m PAT for next 2 quarters, it's likely to be more than that), which is at least a 30% upside to today's price.

I entered at 2.02 yesterday, in hindsight should have waited to enter at the low point of 1.98 today, but usually it's really hard to time the market low point and I have to say I do not have such skill. But what I have is a pair of diamond hands to hold a stock for 6-12 months that will show stellar results in the next few quarters and the share price will follow. I used to day trade a lot, but I have come to realize that the only way to make obscene profit is really to buy and hold on good fundamentals stocks with solid growth potential.

Hope this helps and goodluck everyone.

Entered at 2.02

Q1 FY23 PAT: 173m
Q2 FY23 PAT: 199m
Q3 FY23 PAT: 520m
Q4 FY23 PAT: 1,130m

Q1FY24 PAT: At least 500m?
Q2FY24 PAT: At least 500m?

Assuming 500m PAT for each of the next 2 quarters, the last 4Q PAT will increase to 500 + 500 + 1130 + 520 = 2650m

At a reasonable 8x P/E, market cap would be around 21bn, compared to 16.5bn today, around 30% upside for 6 months hold period.

I'll buy and hold for 6 months at least, see you again in 6 months.

Been a while friends. I have exited all my position at more than 2x cost. Nothing wrong with Armada, it should continue to do well given its stable FPSO cashflow and gradually deleveraging balance sheet. Solid stock. All the best my friends. I'm shifting my portfolio to YTL Power at the moment.

naysayers all gone.

good point m_aloha. exactly.

when it goes up, don't sell, when it dips a lot, slowly buy more.
by 2023, see your money double or triple.
the key is don't get sucked in by short term volatility, don't play contra, don't play margin, use only cash you don't need with infinite holding power, let time work for you.

there will be days it goes up, goes down, volatile, but long term wise, it's definitely very cheap now for irrational reasons, and hence there's the arbitrage to make money.

not really, i make my own calls and judgment.

funding risk is removed, solar project secured.
this stock is like a coiled spring, the past 2 weeks the spring has been compressed a lot, it's going to bounce

new investors that bought at 0.68 will continue to buy until the price reaches 0.68 at least.

it's very rare for pp to be done at a premium. the new investors agree to be locked in at 0.68 during negotiations and due to market aberrations it's now trading at 0.63, a discount to that.

Even with an EPS dilution of 20%, this stock is still trading at a very cheap P/E relative to similar companies. Only because of irrational association with Serba which has a different management team, different auditor, different business model.

PP is confirmed subscribe at 0.68, new shares will be listing tomorrow 5 Oct. investors secured, funding secured for growth projects. now just wait. it might dip more, then i'll buy more.

naysayers only have one motive why they are still in this forum - they want the price to go down, and buy cheap. that's sensible i guess. all the best.

90,466,129 shares subscribed at 0.68, money will be into company tomorrow.
No one will subscribe at above market price and pay RM62m to the company if there's no confidence

private placement subscribed at 0.68, above current market price.
this shows that new investors have confidence in the company to subscribe at above market price

ready to buy :)

bought 150,000 more at 0.635.
the more it drops, the more I buy.

great pp pricing at 0.68, almost the same as current market price, little to no discount.

proceeds will be used to fund the close to RM1bn future revenue hydropower and solar plants which will definitely more than offset the EPS dilution. this is very different from pp to pay down debt, for example, which generates no operating profit other than small interest savings.

just look at similar pp by other companies recently - e.g. MYEG. share price was RM1.9x and pp set at RM1.8x, share price shot up to more than RM2++ after a few days of pp announcement. reason? proceeds are used to fund growth projects (foreign worker hostel, new healthcare business etc.).

down, down, flat, flat, sudden huge spike.
best way to make $ is to buy on dips and hold.

Bought more at 0.705 holding 700k now.

accumulated more at 0.735

tq all, i hope you did enter this morning when i recommended.
it will continue to be volatile, some days up, some days down.
but just believe the fundamentals, the industry potential, and with holding power and some courage and patience, we will all make $.

thanks, i'm unfazed by short term volatility, it's just opportunity to accumulate more.
to reiterate:

1) this company has a separate management and auditor from serba dinamik, and yet is being affected by serba's sentiment. irrational arbitrage

2) latest quarter revenue of RM138m, more than 4x higher than last year's same quarter RM32m. the growth potential of the renewables industry is fantastic and is the future.

3) the company has RM107m in cash, and recently sold a non-core student lodging for another RM7m, giving it a total cash of RM114m. the capital requirement for the 50MW solar project recently won is about RM40m or so, and can be financed with ample balance sheet cash.

4) the company has very low level of leverage, and is net cash at around RM70m.

5) latest quarterly PAT of RM14m, annualized RM56m vs current market cap of RM315m, translates to a P/E of around 5.5x. I do not know what other renewable companies with such fast earnings growth and strong balance sheet can be purchased at 5.5x.

and these are all the reasons why I'm still buying even if the share price is going down. it's not based on emotions or gut feeling, it's based on logic, reason and fundamentals.

Fast growing revenue and earnings, rm100+m cash on balance sheet to fund expansion, Low debt, renewables theme.

The more short term bearish market is, the more I buy. I’m going to chase now, not when it’s above rm1 later.

continue to purchase on dip, acquired at 0.70, 0.705 today.
when everyone is bearish on public forums, usually it's the strongest indication to buy for me.
Tq.

Collected more at 0.73.
buy on dips, cheapest renewables play with solid fundamentals.

this thing can go up to 0.85 in one day. just don't know which day, lol. buy and hold.

strong earnings growth and renewables energy growth potential.
just wait for QR to come out that shows multiple fold increase in earnings, then price will correct drastically.
buy now when cheap, then hold.

today market bearish, buy,
tomorrow market bullish, profit.

bought more at 0.81, tq

today's overall market sentiment is negative, great opportunity to accumulate if it dips, but so far seems like not much seller.

believe in fundamentals, and industry growth potential. drop, buy more. go up, hold. this is a multi-bagger.

Buy on profit taking dip. bought more at 0.815, increased holding to 550,000.

i did. kpower is so much cheaper than solarvest, and it's diversified hydro, solar and healthcare.
continue to buy more.

When you do an equity screening with the following criteria:

1) Rev Growth > 30%
2) ROE > 20%
3) Net Margin >15%
4) D/EBITDA < 1x

the results are mainly glove stocks, and then you have ramssol on the list.
extremely strong fundamentals with strong growth outlook.

bought on dip.
renewables + tech plays are the future.
holding 220,000, bought another 30,000 at 0.775 today.
will continue to buy more and hold.

hope you guys entered at 0.745 when i recommended so earlier.
I entered at a few prices at around 0.745 - 0.760 and am now holding 250,000.
will continue to buy, this company has agreement with Oracle HR (one of the best in the world) and Zoom (no need to explain further what is this) and demand will just keep growing very fast when more and more companies digitalizes their HR and VC systems.

this morning many contra force sell on Ramssol, great temporary dip to go in. thank you :)

Entered 100,000 shares at 0.745, will continue to buy and hold.
Every quarter going forward revenue and earnings will grow, TP RM1 by next quarter results.