@calvintaneng ..... i salute ur relentless pursuit of tsh, as one of the main shareholders i guess its just the right thing to do :-) but why u say tsh pare down loans of or to RM1.5b?? their balance sheet only shows RM218m in borrowings? PERx is still high lah at 19x for plantation company, try to increase yield and profits first lah..... later talk about land sale.
Just imagine is airasia promotes its shares by saying that it makes money from selling planes, well while it can sell planes an dmake profit, the share price is determinant on its ability of raise profits from ticket sales..... like that loh, tsh needs to prove itself from selling palmoil rather than land..... the latter is just bonus when it comes by :-) cheers buddy

@MOBAjobg .... not to worry, as from a PER multiple, ytlp 11x is still lagging behind ytl 19x ...... so theoretically there is more room for ytlp, nevertheless it will be wise to diversify both sides.... as any plus factor at ytlp is 56% captured at ytl :-) happy hunting

@dragon328..... thx for the feedback but a little correction on the PAT of RM1.56b that you mentioned..... summary again for YTD 9 mths
PBT : 3.57b against FY23 full year 2.67b so thats 134%
PAT : 2.80b against FY23 full year 2.05b so thats 137%

Assuming Q4 ytl achieves the same PBT and PAT as in Q3 the
PBT : FY24 against FY23 full year both the increase is 174%
PAT : FY24 against FY23 full year both the increase is 177%

PBT and PAT in Q3 was 1,079b and 0.832b..... it will be monumental task to achieve more than this in Q4 :-) but one will never know, especially if there is an upside from ytlc but overall full year 200% increase in PBT with what MIDF says..... MIDF is smoking some special dope LOL

@dragon328 ..... you are not at any fault at any point, you merely expressed your honest opinion using existing data and analytics.... its just unfortunate that the RPT came up and if you recall i also wrote a "scathing" review on the whole RPT act (which was a little extreme on my side as well), and now they have bought a loss making mall (tropicana) with very little commentary on the purpose, reason and how they plan to turn it around ...... LOL so how ... hang in there, cheers buddy

Wowzie the MIDF PBT forecast are as follows....
2023A : 2,667m; 2024F : 5,448m : 2025F : 5,493m .....
EPS(sen) : 9,8, 19.9, 20.1
PERx : 37x, 18x, 18x

Is this for real? >100% growth in PAT :-) too good to be true.... well, will find out by end of Aug *fingers crossed*

@dragon328 ..... your wish may actually come true, if management which is also major shareholder wants to take ioipg private, they will have little consideration to share price stability, as the lower it goes its works in their favour when offering MTO price... anyway market sentiment is bad and effecting all counters not only ioipg, so not fair to evaluate the price at this point, i thot there was good support at 2.18-2.20

bloodbath :-( at nasdaq

@OTB..... i think u left out kenanga as one of the IBs TP of 5.44 :-) which is the lowest of the lot.... kenanga on the other hand is always cautious, either way all of us are hoping for a stellar Q4 performance that will range from perhaps lower end of 680m to highs of 800m fingers crossed.... if not pulled down further by wessex and/or ytl telco.... hard to say.
As either way, YoY the qtr results will be lower, there will be some push back on the price on the short-term, thats why at least im hoping Q4 result swill be better that Q3 results...... which shd cushion the impact...... fairly there but not 100%.... thx on the feedback @dragon328.... happy hunting :-)

jentayu @ garuda.... has finally taken flight, I believe the bottom of 55c has been reached..... happy hunting :-)

@dragon328 ..... yes its clear that Q4 2024 cannot possibly match Q4 2023, further more Q4 2023 also has RM350m earnings in investment income coming from technical services accrual and jordan oil shale.

Very importantly now can Q4 2024 net profit exceed Q3 reported net profit of RM681m?? I think Q4 shd be higher surely ??? No?
If you say PS will only earn S$223-240 in Q4 this will mean its lower than Q3 2024 earnings of S$241? This cannot be... as Q4 USEPs are higher than Q3 USEPs?

@dragon328 .... thx for the commentary and to put in perspective:
SGD MYR exch rate :
Apr-Jun23 = 3.38 (average) and
Apr-Jun24 = 3.49 (average)
Power seraya earnings Apr-Jun23 (RM'm and S$'m) :-
Revenue = RM5,246 or S$1,552
Profit Before Tax = RM1,067 or S$316 (using above exch rate)
Power seraya FORECAST earnings Apr-Jun24 :-
Profit Before Tax = S$223 (as per your forecast) or RM778 (using above exch rate)

So thats a RM289m (1,067 - 778) drop in profit before tax or 27% drop in PBT Y-on-Y !!!! Is this correct? Purely looking at powerseraya earnings alone (excluding wessex and others)??

Power seraya earnings Jan-Mar24 :- (using exch of 3.49)
Revenue = RM3,573 or S$1,023
Profit Before Tax = RM842 or S$241 (using above exch rate)

Can Q4 powerseraya net earnings be lower than S$241m reported in Q3??

holy cow !!! nsl is a loss making company with S$15.5m loss in 2023 but made profits of 6.4m and 13.9m in 2021 and 2022 respectively. It also has low reserves at S$80m with share cap at S$193m. Reserves have been reducing from 300m in 2020 to 80m in 2023, which is a little alarming, but icing on cake is that it has group net cash holding of S$103m, which is about RM482m, of which ytl paid RM792 for 81% which is RM641m.... thats fin data in a nutshell..... i dont think market will take this lightly...... errrr :-) cheers

im with u.... MrFox dragon328 OTB.... keep up the good spirits :-) cheers

@Natsu..... from net loss to net profit is 180 degree turn..... if 360 degree turn.... means net loss to net loss.... back at same position .... heeeee LOL :-) cheers buddy

yup2 how to PM you, dragon328? soon this forum will be taken up by ular and his spammer geng....

waaaah my post also removed :-) so im celebrity of sorts lah.... heeeee ..... i think its time we leave this for spammers to occupy..... happy hunting spammers and cheers

Post removed.Why?

Everywhere good news but share price go down .... further 15c LOL .... ytlp is a real teaser..... not for the faint heart-ed indeed.... ayooo where my high blood pressure pill..... aaaah ok now relax a little :-)

Reality Bites...... beautiful 1994 movie from ben stiller, with ethan hawke and winona rider.... has such profound impact on lives then and even today, lots to learn from ..... and @FortuneBlooming ...... pls be a little more kinder, always remember there is karma looking out for everyone.... peace

@sg999 ..... you are right, press and analyst will make immediate comparison to YoY (year on year) comparison..... with secondary being QoQ (quarter on quarter) in which the outcome will be far better..... need to find out the average USEPs for Apr-June 2023

i believe the foreign funds play a minor role in the current lacklustre price seen in both ytl and ytlp, I think its just lack of news on contract signings, as well as lack of coverage from IBs, also lack of HSR update while its long overdue.... for example comparing to Suncon, Gamuda.... of which every week there are some highlights, also I can see ytl/ytlp are not the type to hype up news here and there.... they would rather have the quarterly numbers do the job.
As for the USEP price update.... i see a 47% rise (as calculated by Sing Energy Market Update) in average price in Apr-Jun as compared to Jan-Mar, and this will surely reflect in higher power seraya earnings, which is the core earnings of ytlp ..... therefore nothing to worry for now :-) happy hunting

https://www.home.emcsg.com/about-emc/media-news-annoucements/Announcements/Market-Update-for-May-and-June-2024

i believe the foreign funds play a minor role in the current lacklustre price seen in both ytl and ytlp, I think its just lack of news on contract signings, as well as lack of coverage from IBs, also lack of HSR update while its long overdue.... for example comparing to Suncon, Gamuda.... of which every week there are some highlights, also I can see ytl/ytlp are not the type to hype up news here and there.... they would rather have the quarterly numbers do the job.
As for the USEP price update.... i see a 47% rise (as calculated by Sing Energy Market Update) in average price in Apr-Jun as compared to Jan-Mar, and this will surely reflect in higher power seraya earnings, which is the core earnings of ytlp ..... therefore nothing to worry for now :-) happy hunting

https://www.home.emcsg.com/about-emc/media-news-annoucements/Announcements/Market-Update-for-May-and-June-2024

Average USEP prices in S$/mWh
Apr - 288.71
May - 240.96
Jun - 182.85
For comparison previous qtr
Jan - 107.71
Feb - 137.99
Mar - 235.06

@Aero1 .... nice numbers and seems they are listed in NYSE

thx for the info dragon328 .... in addition i came accross this article issued yesterday, all seems well now for SEA @ Shopee...
"A recently released report on the e-commerce market in Southeast Asia shows that Shopee remained the biggest e-commerce platform in 2023, with 48% of the market share and US$55.1 billion gross merchandise value (GMV); the rapid growth of TikTok Shop has seen it overtake Lazada in second place! " ...... meaning partnering with a good reputable partner and the linking commerce with digital banking will surely be synergistic :-)

https://vulcanpost.com/865393/shopee-reigns-southeast-asia-e-commerce-tiktok-shop-surpasses-lazada/

thx for the update OTB, so proud of your stand and confidence...... but has anyone looked at this documentary.... fall of the largest company in singapore..... and guess what company it is???? Seal Limited aka shoppee !!!! isnt this ytlp's DC partner ??? wallaoaaa...

https://www.youtube.com/watch?v=hhrRi5pan4g

funny company..... theer are so many related party transactions in millions, and not sure who is benefiting from these? Secondly.... management is requesting for the extension of ESOS for another 3 years .... which is a joke really !!! With this performance all ESOS shd be cancelled and re-issued after the capital reduction.... lastly, being sued by KWAP..... which is pension fund !!! In the commentary management sates that..... "The telecommunications and technology industries are plagued by uncertainties over the phased transition to 5G networks.".... i think management is in the wrong bsuiness :-) LOL .... happy hunting

ok lah calcin if what all you say is true...... u shd be multi-millionaire by now lah? korek? ...... if yes then donate some lah buddy :-) heeeeee

hmmm.... so who is it that bought at 4.86?? I saw OTB statement that he will buy BIG at 4.86 :-) hope this is true..... but seeing only 5800 shs traded at 4.86 I think OTB was smoking shisha I guessing..... :-) happy hunting boys

haish..... oh calvintaneng..... the day you be honest to yourself it will be enlightening to yourself and everyone, of course we know your YTL power statement is not true, which if it was then you would have been multi millionaire by now.... but are u? You are so engrossed in palmoil and in particular TSH...... it did have its run but its over now..... the day you re true to yourself calvin thats the day you will see the light at the end of the tunnel ;-) cheers buddy

counter seems to have good support at 2.20 level.... awaiting fresh news that is, and as for shenton.... i assume this is already incorporated into the current support level price, only upside here on will be the REIT direction .... IF mngt deems fit... otherwise nothing terribly exciting :-) cheers

@calvinteneng..... are u out of ur mind?? Rsawit is a loss maing company (11m loss) and its current retained profits is only 6m, and one more loss quarter and the retained earnings will go into negative, and you are advising ppl to buy !!! you are lucky there is no law against mis-guidance which si what u are doing...... holy cow :-(

calvin..... besides some scammers you are the only one n this self created forum.... and now my comment makes it 2 :-) why u comparing ijm plant which was taken private to tsh? is tsh gonna be taken over? stick to fundamentals pls....

glad to note that the only analyst with a HOLD position kenanga has upped its TP from 5.22 to 5.44..... with the following conclusion... there is light indeed at the end of tunnel :-)
Conclusion: We maintain our view that the potential significant tariff hike during Regulatory Period 2025-2030 coupled with the stabilising inflation in the UK should result in a turnaround in Wessex Water. Recall, Wessex Water’s profitability was hit by high interest cost due to the elevated policy rate in the UK on sustained high inflation. The UK registered seven months of double digit inflation between Sep 2022 and Mar 2023. It has since eased to 2% in May 2024.

amazing story .... stock that has gained 300% over the past 6 mths .... not sure if purely from potential Niise project or any other news.... cant imagine if it does not get the Niise project? will there be life outside of Niise> well.... redtone thinks so :-)

10 straight trading days of down, and lack of news..... wonder whats cookin at jentayu? surely oversold.... but compared to what? last 2 trading days volume increased a bit to 4m+ ..... is there an upside for this management owned company?

thx to the link to Adam Khoo - The great stock market shift..... more like shaft :-) @Michaelchan2024

ytlp's earnings in last quarter was almost exclusively from power generation, water and sewerage (UK operations) actually made a loss of 155m, therefore not expecting a super turnaround in the next quarter, if the loss can be reduced that will be good..... but in the long run, based on the proposal submission there is a definite turnaround plan with higher tariff and all, therefore nothing extraordinary in what was reported.... if any this drop another good change to go in :-) happy hunting

UOB KH not so positive on the potential merger...
https://www.freemalaysiatoday.com/category/highlight/2024/07/11/merger-between-ananda-krishnans-bumi-armada-and-misc-a-bridge-too-far/

end of the road i guess....
https://www.nst.com.my/business/corporate/2024/07/1074962/scomi-energy-throwing-towel

cabnet is truly a punters counter, profits last 3 qtrs hardly at RM1m and trading at current 35x PER.... all the so called positive news will only result is actual bottom line not now..... but in due course, beware if you are planning to enter now

way i see it..... genb especially and also genm to some extent are gems in the workings, just waiting its time, as the profits will surely some back, as GDP grows, china visa open thingy, and genb is trading at lowly 12x PER at current profits and profits are expected to grow surely, but question is how long the wait while other peers in construction, property and utility are moving up fast.... happy hunting :-)

wow this is uncalled for yinson..... being grouped with creative acct and bribe !!! any proof???

finally humeind getting some traction as it shd shd looking at mcement .... surprising to see that in the most recent qtr results, humeind EPS is 9.76c while mcement is only 7.72c, while former price is 3.77 while latter 5.65 ..... go figure and OTB was right

one counter that i went in and chicken out too soon :-) today it is flying like no one had even thot of..... kudos to one con.... suncon

Agjl ..... hahaha next i will ask at what ratio 50:50 :-)

1st Qtr 31 May 2024 Results
Total transaction and financing volume in the current quarter of RM1.975 billion was higher by 7.8% as
compared to preceding year corresponding quarter. The Group recorded a total revenue of RM522.259 million,
which was higher by 15.4% as compared to the preceding year corresponding quarter mainly attributable to
stronger loan and financing growth.
The Group has equity accounted for its proportionate share of losses in AEON Bank (M) Berhad during the
quarter amounting to RM11.594 million.
Profit before tax (“PBT”) for the current quarter of RM144.825 million increased by 9.8% as compared to the
preceding year corresponding quarter.
PBT for the current quarter was recorded at RM144.825 million, a decrease of 10.9% compared to RM162.595
million in the immediate preceding quarter. The lower PBT was mainly due to the higher impairment losses on
financing receivables of RM163.457 million as compared to RM113.984 million recorded in the immediate
preceding quarter.
Good results :-)

extract .... "Wessex Water has submitted its five-year business proposal (2025-2030) to the water services regulation authority, including a higher return and capex allocation of £3.5 billion over the next years versus £1.4 billion."
- good to note that the proposal entails a "higher return" expectation and I assume its based on the higher capex as well.... this shd be well received

who is VT ? ... very terror?

excellent writeup with historical stories and all..... can be made into a book :-) good work dragon328.... bravo