Disappointing earnings, YoY increase by 23% but QoQ decrease by 34% .... peace

less than 5% drop .... considering a 19% drop in earnings from Q3 from Q2 is a healthy correction, the price had incorporated an increase with all the euphoria surrounding ytlp which explains it .... as kown powerseraya which is the fixed deposit earnings showed lower pool prices and even in Q4 can expect another lowered earnings, but this does not dampen the overall upsides.... @dragon328 has articulated all in his blog as follows... therefore have a coffee, take a seat, and enjoy the ride.... roller coaster one nevertheless.... :-) peace

https://klse.i3investor.com/web/blog/detail/dragon328/2024-05-23-story-h-161458128-YTL_YTL_Power_The_Best_Performing_Stocks_May_Again_Double_Up_in_AI_Driv

everyone gets hiccups now and then, its ytlp's turn.... not to worry in fact good opportunity to top up for those to join in the ride.... price had incorporated a good showing in Q3 above Q2 and this did not happen.... well, thats life sometimes.... counter will only come out stronger after this.... cheers :-) and peace

Im in.... HE looking good on the DC expansion and power focus, happy hunting :-) peace

nice write-up an insightful..... from my perspective SEA Ltd and its Shopee will play a big role in the AI DC build-up alongside the digital banking license that the partnership was also accorded.... not sure how the digital banking plays alongside the DC but Sea Ltd is YTL's first customer for the DC .... whatever the terms are, i can only see upside hereon while having powerseraya as "fixed deposit"... lets hope for the best :-) peace

IBs give sell call as affin PER is 14x plus plus....when most banks are at about 10x PER.... or below :-) happy hunting

yes pang72 ur right...... more detailed comparison....
for comparison Sunway was also in this similar position at its Q announcement..... QoQ down 35% YoY up 22%, and after announcement day share price dipped 6c, also Suncon similar shape dipped 10c ..... YTL QoQ down 16% YoY up 20% (but ytl share price has appreciated much more - not sure if share price has incorporated expected higher profits)..... :-) peace

for comparison Sunway was also in this similar position at its Q announcement..... QoQ down 35% YoY up 22%, and after announcement day share price dipped 6c, also Suncon similar shape dipped 10c ..... YTLP QoQ down 17% YoY up 34% (but ytlp share price has appreciated much more)

YTL and YTLP annouced following qtr earnings 4.53c and 8.62c, with current share price at 3.88 (T4Q EPS 21x) and 5.38 (EPS 15x), genting last Q earnings was 3.90c (RM529m) and current share price price at 4.73, thats T4Q EPS of 30x..... in order to make it to lets say 21x EPS, earnings needs to be at 5,63c or RM760m..... this is the hurdle earnings GenT needs to make :-) peace

not to worry .... im here for the long run, i believe many here for the long run .... ups and downs in prices are a norm, i will see this as a minor hiccup and part parcel of corrections ahead of a bigger journey, share price is always forward looking and AI and DC are the forward looking route for ytlp.... sifu @dragon328 has written a very timely assessment of ytlp ...kudos, happy hunting :-) peace

19% drop in profits QoQ ... as compared to 21% drop QoQ for YTLP ..... not so good :-(

there is a 18.5% drop in net profit coming solely from powerseraya, which resulted in the overall lower profit compared to Q2 - had earlier predicted this clearly, estimate was 10% drop - also increased loss from telco operations.... not so good but satisfactory i guess :-)

below last qtr performance...... roughly RM830m PAT compared to RM1,029m PAT in Q2 (down by 19.3% QoQ), EBITDA at RM2.2b compared to RM2.4b in Q2 (down by 8.3% QoQ)..... tomorrow NO FLY Zone :-) peace

yes roughly RM700m PAT compared to RM860m PAT in Q2 (down by 18.6% QoQ), EBITDA at RM1.6b compared to RM1.8b in Q2 (down by 11.1% QoQ).... as expected performance was lower in Q3 compared to Q2 .... shd be due to drop in powerseraya earnings due to lower USEP.... peace

@dragon328 ..... totally amazed at your informative reporting, such meticulous detail and representation... salute to u and ur special skills, although i shd say the forecast of profits a tat little too optimistic, the overall message is clear .... kudos :-) peace (u can be ytlp comms director)

https://klse.i3investor.com/web/blog/detail/dragon328/2024-05-23-story-h-161458128-YTL_YTL_Power_The_Best_Performing_Stocks_May_Again_Double_Up_in_AI_Driv

Yinson boss bought icon offshore, and latter posted a qtrly loss after tax of RM25.6m compared to loss of RM4.2m in corresponding qtr last year, with vessel utilisation rate of 50% compared to 71% last period, quite disappointing :-(

star899 is time traveler..... back to the future, in order to be able to buy systech to own warrants ;-) looks like ytl has more support than ytlp..... does this mean cement and property business targeted to be good and power and utility just so-so?? hmmm....

errrr.... @jenson68 .... are u jensen huang? if yes welcome to our blog..... can u share ur billions$$$ some with us pls.... pretty pls :-)

11:20am.... amazing buying power displayed at 69%; gobbled up 3m shares in span of 9mins at 3.81 and 3.82 :-) peace

Let's have some fun forecast the EBITDA and Profit After Tax as follows...
Actual Q2 : EBITDA = RM3.6b; Net Profit = RM860m
Q3 :-
Ray : EBITDA = RM3.3b; Net Profit = RM750m
Happy hunting :-)

... belongs to the group :-) YTL + YTLP = The Group..... license was awarded to The Group... its up to francis yeoh how he wants to slice and dice the pizza :-) peace

ok dokie @calvintaneng .... yes u have promoted o&g counters as well... and nwo also notion etc.... happy hunting buddy :-)

@calvintaneng .... just to know what is your day job buddy? You have been promoting TSH and oilpalm counters from as far as i can remember, whats your stake in this? you need to come clean..... why all these efforts just sticking to one sector? Why not change sector as to the time and trend?

@MrFox ..... these guys all share same platform..... if u read this > Hann Yeoh is Executive Director of YTL Power International Bhd and spearheads the investments and new business arm of the group. He leads its digital infrastructure arm through YTL Data Centers Ltd and the Digital Bank JV between YTL and Sea Ltd in Malaysia. Chee Mun was recruited in to add on .... probably has 2 salaries each from ytl and ytlp.... :-0 peace

TA SECURITIES (APRIL 22): Malakoff is expected to return to the black in 1QFY24 on the back of improvement in negative fuel margins. We forecast that the group will record a core profit of RM60 million-RM70 million in 1QFY24. Newcastle Coal prices have stabilised since June 2023, suggesting that the worst of negative fuel margins is over. The group currently offers an attractive dividend yield of 6.8% to 8.3% for FY24-FY26. Its 97.3%-owned Alam Flora Sdn Bhd is expected to continue contributing stable earnings for Malakoff.
https://theedgemalaysia.com/node/709902

price shd hover around 10 no need to drop as business is booming and fundamentals intact, in fast as compared to Bangkok airport ..... super undervalued. Last qtr EPS of 16.41 if annualised is 65.64c, and at current price of RM10.... thats PER of 15x which is reasonable if not low.... and revenue will only pick up more here on..... happy hunting :-) peace

somethings brewing at malakoff... peace

something is brewing at slvest...... price wise, any news?

at this juncture, i believe no way this privatisation can go thru with GIP as a party to the agreement, better for just khazanah and EPF to go alone as 2 parties and take MAHB private.... if they want after that they can sell 30% to whomever they want, but its sour taste already, let this be a lesson for khazanah and epf, next time share your strategy and vision before buta2 make offer and check your bed-fellows first, especially on so called national assets.... :-) peace

kekiri kekanan kekiri kekanan.... this is what happens when contra players sell and re-purchase again to stay in the game :-) peace

@cgtan2020 ... LOL yah me too syiok-syiok here :-) peace

thx @Goldberg yup rock solid indeed.... cheers

mix bag of news... but glad to read that wessex could return to the black :)

https://www.businesstoday.com.my/2024/05/17/ytl-powers-euphoria-continues/

Cheers @Goldberg ...thanks for the info. In the last Q they recorded small operating loss from the digital banking olerations about RM14m, I guess its still in the start-up stage.

But the last Q, AEONCR announced a 22.32c EPS (annual EPS of 119c), of which if 22.32c annualised at current price of 7.18 thats PER of 8x only !!! Huge potential cor increase considering 13 analyst price target of 11.70 ? hmmm... and this year div is 42.5c.... thats 6% yield..... am i getting this right?

@Goldberg and @dragon328 .... how about AEON Credit? Are you guys covering this counter as well, and does it approximate the performance of AEON? But I realise AEON Cr is very thinly traded.... cannot go for big volumes.... your kind advice will be great.... :) peace

sour grapes are good for wine making :) anyway dow just hit 40000 .... we are somewhat in a bull market..... happy hunting guys .... peace

just for info powerseraya makes up 70% of revenue and almost 100% of profits - as water, seware and telco and still making losses..... thats how big current earnings are so dependent on. DC is another story..... not many can put their hands on any figures, and thats what makes ytlp so speculative in nature... and @Agjl .... yes Feds will only going to start cutting rates in Q4 2024 at the earliest.... but the hint of it has started the market moving.... first signs are bond market and our own RM which is taking que and beginning to strengthen.... lets all understand the risks here as we SAIL this ytlp "saturday night" fever.... peace

LOL .....thx @David Gunter .... and the article is absolutely right, everyone talking about good part of ytlp, but very few discuss about the risks.... 1) powerseraya seems to have hit peak revenue in last Q, and with the lower USEP rate we can expect lower revenue QonQ; 2) SGD MYR exchange rate will change once Feds lower int rate, kenanga has forecast the rate to be at 3.2x by Dec 2024 (currently at 3.5x); 3) hype on DC is understandable but 2-3 years will be start-up and will only see profits after that; 4) wessex is still not off the hook yet, UK inflation is still high and target to continue showing losses next Q announcement...... 5) ..... anyone can add on; Point is that its important to also look at risks .... thats just life :-) peace

Net operating cashflow for YE Jan 2024 was -RM1.3b and Jan 2024 was -RM2.9b .... this is taken off the financial statements, when the operating cashflow turns positive...... its the time to enter yinson....need confirmation from management when this will happen .... peace

@Topoftheworld ..... is that in russian? can translate for us pls :-) peace

thx for the data @cgtan2020 ... but ur comparison of ytl + ytlp more than tenaga does not make any sense...... if any it shd be YTL less 55% x YTLP + YTLP, as 55% of YTLP has already been considered into YTL.... but again market cap comparison is just wrong..... what you shd compare is the EPS and PER of YTLP and Tenaga.... and make some sense of it like what @dragon328 did..... :-) peace

waaah.... just realised PBA so thinly traded, or is it seasonal? the buy and sell volumes are chump change only hahahaha.... :-) peace

surprising that MOT has already given opinion, but khazanah and EFF is quiet on the exercise? Even if Khazanah and EPF wants to up their stake to 40 and 30% they can easily do it in the market.... why bring in foreigners to do this? puzzling.... Also if want to restructure and increase capital spending, best is to be listed where bank financing will be easily obtainable..... this privatisation move will only exclude the public from MAHB which I believe is not substantiated.... peace

@beinvested ..... yes u are right in the part that if ytlp issues a handsome dividend, then ytl will gain in incremental income, an dthis will push the valuation higher thus strengthen share price, we are i would say in a bull run in bursa, almost any shares u touch is up .... im looking at hume, funny as it makes almost same EPS as ytlp at 9.76c last quarter and trading at just below 10x EPS... shd i divest some ytl to hume? hmmm.... peace

@beinvested ..... while all these accounting entries are being addressed, I hope everyone knows that it has little to nothing to do with the share price, as the share price is based on more on earnings and the earnings of ytlp have already been equity accounted in the books of ytl..... therefore all these accounting entries and just accounting entries that all.... :-) peace

@dragon328 ... while I understand the 100% uplift in trhe revenue line - as this incremental hardware cost will be billed to the customer, but I dont see why the same will result in increased pretax profit? This is only a pass thru cost..... meaning an incremental cost is passed on to the customer, its a zero sum equation.... but if unable to pass on 100% of teh cost to customer then worse.... ytlp must bear portion and this will reduce the profits..... am i getting this right? ...peace

taking a bit of a stretched outcome.... last qtr EPS of 16.41 if annualised is 65.64c, and at current price of RM10.... thats PER of 15x which is reasonable

just got into airports..... not sure whats the issue, plan to take private at RM11 and yet price at RM10? Even if deal will be cancelled.... no reason for price to go down?

@Sslee .... duly noted, but pls be fair if you want to share downside also do research and share upsides, there is always 2 sides of a coin, im my experience Tony is a master when it comes to financial restructuring and what he has done is remarkable to say the least .... i cant say much tho about jtiasa :-) peace

i wonder why some ppl dont own any shares, but have thousand comments to make.... LOL