YTLPower management guided for earnings sustainability for next 3 years.

I am positive on Malaysia stock market or KLSE over the next 3 years because our PM DSAI has done a good job to attract FDI and foreign funds to invest in our KLSE.
Focus on technical bull market sectors to win big in the next 3 years.
If the stock and the sector are in technical bull market, the stock and sector will perform very well even FBMKLCI is still in a technical bear market situation.
The share price of YTLPower is in a technical bull market. No worry !!

HL has underestimated a total of RM22.3 billion or RM2.75 per share.
If added, the SOP valuation of YTLPower should increase to RM3.23 + 2.75 = RM5.98 per share. Minus 10% holding discount, YTLPower SOP value should be around RM5.38.
Hope to see you at RM5.38 in 3 years down the road.
Thank you.

KLV868,
I may not understand your question fully, I just try to answer your question.
If I answer wrongly, please raise your question again in more detail manner.
If I am not wrong, these orders (both buy and sell orders with same quantity) are married deal orders. These orders are restricted to the named or designated brokers only, others cannot execute these orders.
Once the married deals are done by both designated brokers, these orders are disappeared from the screen as if these orders are cancelled.
Hope I explain your question correctly.
Thank you.

https://www.malaysiakini.com/news/680105
https://www.malaysiakini.com/news/680085

I am positive on Malaysia stock market or KLSE over the next 3 years because our PM DSAI has done a good job to attract FDI and foreign funds to invest in our KLSE.
Focus on technical bull market sectors to win big in the next 3 years.
If the stock and the sector are in technical bull market, the stock and sector will perform very well even FBMKLCI is still in a technical bear market situation.
Our KLSE has not perform well in the last 30 years.
I still remember FBMKLCI was at record high 1,332 in January 1994, the FBMKLCI increased only 100 points until 2023.
JSX or Indonesian stock market has increased 650% in the last 30 years.

The share price of YTLPower was at the peak at 1.43 in 2010, since then the share price has been in the downtrend until early 2023.
The share price started to move up north at the end of May 2023 after a good Q3 March 2023 result. The share price at that time is around 1.20.
The PAT for FY2010 was 1.211 billion, if PAT for FY2024 is > 2.453 billion, the target price at 2.90 is very fair.
No reason to argue that the share price has increased from 0.70 to 2.11 (21/9/2023), hence the share price cannot move up further.
The share price of YTLPower can only move down to 1.28.
This argument is not based on facts and figures, but rather base on bullshit and telling lies.
We like to listen to a second opinion so that we are not wrong, you must substantial your argument based on your facts and figures.
I will respect you a lot if you talk with facts and figures.
Thank you.

Good explanation.
Thank you dragon328.

Dear dragon328,
From your opinion, what is the PBT or PAT in FY2024 result for the followings ?
1.) Water & sewerage
2.) Telecommunication (5G YES)
3.) Data Centre
Please advise.
Thank you.

The share price of YTLPower is in a technical bull market.
Likewise, Utilities Index is also in a technical bull market.
Even KLSE is bearish, the share price of YTLPower will continue to break new high soon.
Good luck to all investors in this forum.
Thank you.

Based on FA, I try to use PAT to project share price of YTLPower in 2023/2024.
1.) Please note that Q4 Jun 2023 PAT at 1.13 billion alone is 93% of the (whole year) or annual PAT of 2010 at 1.211 billion.
2.) Highest PAT in 2010 = 1.211 billion, the share price was = 1.43 (record high share price).
3.) Highest PAT in 2023 = 2.022 billion, the share price should be = 2.39 (based on item 2 calculation).
4.) If the projected highest PAT in 2024 = 3.000 billion, the share price should be = 3.54 (based on item 2 calculation).

The PAT of FY2024 is higher than PAT of FY2023, there is a growth in PAT in FY2024.
The share price of YTLPower will move up north as long as there is a growth in PAT in FY2024.
The trading volume of YTLPower is so huge, big funds are buying this stock, hence it is very difficult for the share price to drop to a new low.
Let time tells us who is the eventual winner in this stock.
Thank you.

The following events will enhance the share price of YTLPower.
Based on FA
1. Listed in FTSE Asia-Pacific index on 18/9/2023. - Completed.
2. YTLPower might be added to FBMKLCI component stocks in December's review. Presently, YTLPower ranks no 23.
3. Good Q1 Sep 2024 result releases in November 2023. I believe the result is definitely better than Q1 Sep 2023 result.
4. Tan Sri Francis Yeoh promised to give out a dividend of 15 sen for FY2024.
5. The target price set by HLIB in 2023 is 2.90, I believe it is achievable.

TA reading.
The chart pattern of YTLPower is a "Cup And Handle Chart" pattern.
The pivot line is at 2.24.
The share price of YTLPower is in correction mode now.
The correction will take about 2 weeks to complete.
Once the correction is over, the share price will break the pivot line at 2.24 soon.
Once the "Cup And Handle Chart" is well formed, the share price will break new high moving toward 2.90 level.

Let time tells us who is the eventual winner in this stock.
Thank you.

I want to talk with facts and figures.
Based on TA or FA, the share price of YTLPower should be able to hit the target price set by HLIB at 2.90.

Based on TA, the trend of YTLPower chart is super bullish.
It is a strong uptrending stock, the share price will continue to break new high.

Based on FA, I try to use PAT to project share price of YTLPower in 2023/2024.
1.) Please note that Q4 Jun 2023 PAT at 1.13 billion alone is 93% of the (whole year) or annual PAT of 2010 at 1.211 billion.
2.) Highest PAT in 2010 = 1.211 billion, the share price was = 1.43 (record high share price).
3.) Highest PAT in 2023 = 2.022 billion, the share price should be = 2.39 (based on item 2 calculation).
4.) If the projected highest PAT in 2024 = 3.000 billion, the share price should be = 3.54 (based on item 2 calculation).
5.) If the projected highest PAT in 2024 = 2.422 billion, the share price should be = 2.86 (based on item 2 calculation).
6.) The target price set by HLIB at 2.90 is easily achievable if the PAT in 2024 is > 2.422 billion.

The PAT of FY2024 is higher than PAT of FY2023, there is a growth in PAT in FY2024.
The share price of YTLPower will move up north as long as there is a growth in PAT in FY2024.
The trading volume of YTLPower is so huge, big funds are buying this stock, hence it is very difficult for the share price to drop to a new low.
Let time tells us who is the eventual winner in this stock.
Thank you.

rr88 shouted shooting star pattern on UEMS, the share price of UEMS continues to break new high.
rr88 is the shameless liar in I3, he simply bullshits in I3 without any facts and figures to support his prediction.
The face skin of rr88 is thicker than the wall of the toilet, he never feel shameful in I3.
He continues to bullshit in I3 when KLSE is down.

The share price of YTLPower is in a technical bull market.
Likewise, Utilities Index is also in a technical bull market.
Even KLSE is bearish, the share price of YTLPower will continue to break new high soon.
I will continue to invest in the stock whereby the share price is in a technical bull market.

The chart pattern of YTLPower is a "Cup And Handle Chart" pattern.
The pivot line is at 2.24.
Once the pivot line at 2.24 is broken, the share price will break new high soon.
Thank you.

rr88 is the shameless liar here.
All his predictions on AAX and Armada, not a single time he is correct.
Likewise all his predictions in Supermx in 2020 are all wrong.
All the times his predictions are wrong, he scolded zero mark on these 3 stocks.

His shooting star comments on YTLPower are all wrong. The shooting star chart pattern is not a market top pattern. He bullshits here and twist all the facts to suit him.
The share price of YTLPower is overbought is also wrong. Stochastic at 65% is not overbought. Do not bullshit here.

I recommended Supermx in 2020, the share price of Supermx went up north from 3.60 to a high of 24.50.
I do not need to hide for YTLPower. I am already in big profit.
I believe YTLPower will perform very well in 2023/4 like Supermx in 2020.
Good luck to all investors invested on YTLPower in this forum.
Thank you.

Buying volume for YTLPower is very strong in the last 2 days.
Definitely the buying is from fund managers.
Retailers do not have such strong buying power.
Hopefully the recent high at 2.24 will be broken soon.
Good luck to all investors here.

PAT for (Jun) FY2024
CIMB - 2.095 billion
RHB - 1.815 billion
MIDF - 2.034 billion
HLIB - 2.019 billion

PAT for (Jun) FY2025
CIMB - 1.895 billion
RHB - 1.592 billion
MIDF - 2.227 billion
HLIB - 2.287 billion

PAT projected by HLIB is the highest among them.
Hence the target price projected by HLIB is the highest at 2.90.

Will the target price of YTLPower drop to 1.36 to 1.50 ?
No one knows except this shameless liar rr88 is very sure.
To me, it is very unlikely for the share price of YTLPower to drop to 1.36 to 1.50 because the share price of YTLPower is in a technical bull market now.
Utilities Index or sector is also in a technical bull market now.
Thank you.

I have been a remisier for 30 years.
I have seen many of my friends and clients made multi million profit from KLSE.
They are all investors and use the strategy to buy and hold to make profit.
I learned all these strategies from them to make my multi million profit from KLSE.
I never seen any contra player made million profit from KLSE, do not even mention multi million profit from KLSE.
Decide yourself what type of player you want to be.
Please take my advice seriously.
Thank you.

The stochastic of YTLPower at 12.30 pm today is at 65%, who is the shameless liar said the share price is overbought ? This shameless liar is telling lies again.
No rule stated that the share price at double top cannot cross and cannot break new high.
Moreover, there is no rule to state that the share price must drop to 1.36 to 1.50.
The shameless liar is telling lies again.
How to trust this half past six chartist who tells all wrong answers.
He twisted all the rules to suit him only, actually there are no such rules.
Never ever trust this shameless liar rr88.
Thank you.

YTLPower chart on 21/8/2023 and 8/9/2023 displayed a "Shooting Star" chart pattern.

The candle on 21/8/2023 was a "Shooting Star" chart pattern, the share price closed at 1.80 on 21/8/2023. The share price moved up to 2.10 on 7/9/2023, the share price did not drop to new low.
The share price closed at 2.13 on 7/9/2023 is also a "Shooting Star" chart pattern, will the share price move down south or move up north in the future ?
No one knows the answer.
The share price of YTLPower did not drop to 2.01 but move up north to break 2.19.
The daily "Shooting Star" chart pattern is not a market top signal.
Please stop your bullshit.
Thank you.

To keep a record here, rr88 said the share price of YTLPower will drop to 1.28.
I want to witness the final outcome until the end of 2023.

Posted by rr88 > 5 days ago | Report Abuse

Tp = 1.28. You will be left with your underwear.

Base b4 the run = 0.74.
Peak 2.15.

Today is a false breakout, one monster trap.

Golden Ratio Retracement Target:

Peak - 0.618 (Peak - Base)
= 2.15 x 0.618 (2.15 - 0.74)
= 1.28
I'm out of here..
--------------------
Hopefully the share price of YTLPower can cross 2.19 and 2.24 respectively today so that all investors in this forum are laughing all the way to the bank.
I hope that the share price of YTLPower will not drop to 1.28.
Otherwise, all investors in this forum are left with underwear only.
----------------
Saying that the share price of YTLPower will drop to 1.28 is really an insult to FA of YTLPower.
Without knowing the FA of YTLPower, it is not fair to pass this type of remarks to frighten away all investors in this forum.
If you do not know all the facts and figures, do not simply pass your sarcastic remarks.
You must talk with all the facts and figures to support your assumption.
Thank you.

PAT for (Jun) FY2024
CIMB - 2.095 billion
RHB - 1.815 billion
MIDF - 2.034 billion
HLIB - 2.019 billion

PAT for (Jun) FY2025
CIMB - 1.895 billion
RHB - 1.592 billion
MIDF - 2.227 billion
HLIB - 2.287 billion

I believe these IB did not provide earning for data storage centre.
Moreover, I also believe the PAT projected are too low.
PAT projected by HLIB is the highest among them.
Hence the target price projected by HLIB is the highest at 2.90.
Thank you.

Please talk with facts and figures.
I did not talk bad about the stock after I sold the stock.
That is the difference.
I never attack any stock in I3 and never pass sarcastic remarks at the stock others are holding.

To keep a record here, rr88 said the share price of YTLPower will drop to 1.28.
I want to witness the final outcome until the end of 2023.

Posted by rr88 > 5 days ago | Report Abuse

Tp = 1.28. You will be left with your underwear.

Base b4 the run = 0.74.
Peak 2.15.

Today is a false breakout, one monster trap.

Golden Ratio Retracement Target:

Peak - 0.618 (Peak - Base)
= 2.15 x 0.618 (2.15 - 0.74)
= 1.28
I'm out of here..
--------------------
Hopefully the share price of YTLPower can cross 2.19 and 2.24 respectively today so that all investors in this forum are laughing all the way to the bank.
I hope that the share price of YTLPower will not drop to 1.28.
Otherwise, all investors in this forum are left with underwear only.

Posted by klee > 3 minutes ago | Report Abuse
rr88,thing is you are wrong all the time but still have the biggest mouth in i3...no screw you how?lol
----------------
The worst part is rr88 is telling lies all the times.
rr88 is the shameless liar in I3.
Shouting sell on Supermx from 5.00 to 20.00, still said that he is right all the time.
Not a single call on Supermx is right, still said he is right all the time. He still condemn others are wrong.
Likewise in AAX and Armada forums.
All sell calls in AAX and Armada forums are all wrong, not a single sell call is correct.
Most honest persons will feel shameful when all their sell calls are wrong.
But this shameless liar rr88 never feel shameful at all despite all wrong calls.
He still has his thick skin to come over to this forum to continue his bullshit here.
The worst part is he condemned others even he is wrong.

To keep a record here, rr88 said the share price of YTLPower will drop to 1.28.
I want to witness the final outcome until the end of 2023.

Posted by rr88 > 5 days ago | Report Abuse

Tp = 1.28. You will be left with your underwear.

Base b4 the run = 0.74.
Peak 2.15.

Today is a false breakout, one monster trap.

Golden Ratio Retracement Target:

Peak - 0.618 (Peak - Base)
= 2.15 x 0.618 (2.15 - 0.74)
= 1.28
I'm out of here..

We must read the technical chart using a one year window.
According to Bloomberg, the definition of a technical bull market is as follows :-

Technical bull market
When the share price or index rebounds from the low, the quantum of the increase is more than 20% from the low.
This stock or index is in a technical bull market.

Both the share price of YTLPower and Utilities Index are in technical bull market now.
We can see the share price of YTLPower to continue to break new high and I believe the share price of YTLpower will continue to be bullish in 2024 and 2025.

The catalyst for YTLPower share now is as follows :-
1.) Inclusion into FTSE's Asia-Pacific Index on 18/9/2023.
2.) Inclusion into FBMKLCI Index Component stock in 2023 December's review.
3.) Exponential growth of PAT in 2024 and 2025 especially on utilities sector.

I do not worry that even KLSE is not in a bull market scenario, the share price of YTLPower will continue to perform well and break new high.
If the PAT of YTLPower in FY2024 can achieve 3.0 billion, I have very high confidence that the share price of YTLPower will hit 4.00 in 2024 with ease.
I believe in dragon328's projection of 3.0 billion PAT for YTLPower share in FY2024.

Good luck to all investors in YTLPower, hope that you will be laughing all the way to the bank in 2024.
Thank you.

YTLPower chart on 21/8/2023 and 8/9/2023 displayed a "Shooting Star" chart pattern.

The candle on 21/8/2023 was a "Shooting Star" chart pattern, the share price closed at 1.80 on 21/8/2023. The share price moved up to 2.10 on 7/9/2023, the share price did not drop to new low.
The share price closed at 2.13 today is also a "Shooting Star" chart pattern, will the share price move down south or move up north in the future ?
No one knows the answer.
The daily "Shooting Star" chart pattern is not a market top signal.
Thank you.

Posted by cgtan2020 > 18 minutes ago | Report Abuse
@OTB, not easy to compare 2010 profit and profit now to corelate to the possible future share price, the number of share is difference in 2010 and 2023.
-----------------
Thank you for your good information.
I used PAT for calculation, I did not use EPS for calculation.
Hence number of shares issued is not related or no effect on my calculation.
Thank you.

There is no change in number of shares issued.
NOSI is still at 8.158 billion shares (2010 and 2023).
PAT in 2010 and PAT in 2023 are known facts.
I had done my homework to check on this matter.

I try to use PAT to project share price of YTLPower in 2023/2024.
1.) Please note that Q4 Jun 2023 PAT at 1.13 billion alone is 93% of the (whole year) or annual PAT of 2010 at 1.211 billion.
2.) Highest PAT in 2010 = 1.211 billion, the share price was = 1.43 (record high share price).
3.) Highest PAT in 2023 = 2.022 billion, the share price should be = 2.39 (based on item 2 calculation).
4.) If the projected highest PAT in 2024 = 3.000 billion, the share price should be = 3.54 (based on item 2 calculation).

When the highest PAT in 2010 at 1.211 billion (record PAT in 2010), the share price is = 1.43 (record high).
When the highest PAT (record PAT) in 2023 at 2.022 billion, will the share price of YTLPower drops to 1.40 ? (lower than 2010 record high share price).
A TA chartist should know that once the share price breaks new high, the share price will continue to break new high accompanied by exponential growth in profit.
I will bet to my last cent if the share price of YTLPower will drop to 1.40 in 2023.

A person talks with facts and figures, I will respect him.
If talk without facts and figures, this person is a shameless liar in I3.
All of you should know who is the shameless liar in I3.
I am a trainer and also a teacher on TA charting (inclusive Japanese candlestick).
I taught TA charting in Malaysia, Singapore, Indonesia, Hong Kong and China for 10 years, I did not teach any student that a daily "Shooting Star" pattern is a market top signal.
When a "shooting star" candle appears, not necessary that the share price is 100% sure will drop or retrace to a lower share price.
The share price will drop or move up north depending on the next day candle for confirmation.
No one will know the share price on next Monday.
There is no such teaching on Japanese candlestick on this "twisted" theory.
A shameless liar or a bullshiter will tell you this "twisted" theory.

Cannot afford or no money to buy 1,000 shares of YTLPower with cash, this shameless liar can buy 1 million shares of YTLPower at 2.10 yesterday.
Which broker is so stupiid to allow a contra player without cash to pick up shares to buy 1 million shares of YTLPower at 2.10 (2.1 million) without any collateral ?
This person is really telling lies without any blink of his eyes, only a shameless liar can do it.
A honest person will feel very shameful to tell this lie here.
Thank you.

rr88 is the shameless liar in I3.
No code of ethic in I3.
Exactly what I said just now.
You can sell the stock quietly.
After you sold, please do not bad mouth or talk bad about the stock.
No reason to cause any loss to other investors after you sold.
This is the real code of ethic in this forum.

@cgtan2020
I believe your monthly chart did not adjust for dividend.
My Chartnexus chart factored in adjustment for dividend.
The new high in Nov 2010 is 1.427.
Thank you.

rr88 does not even has money to buy 1 lot (1,000 shares) of YTLPower.
How to buy 1 million shares today ?
Simply bullshit here.
rr88 is the shameless liar in I3.

rr88 does not even has money to buy 1 lot (1,000 shares) of YTLPower.
How to buy 1 million shares today ?
Simply bullshit here.
rr88 is the shameless liar in I3.

Posted by rr88 > 1 minute ago | Report Abuse
The pullback off of a false breakout is SEVERE! Below 2.00....run 4 yr life...
---------------------
Exactly what I said just now.
You can sell the stock quietly.
After you sold, please do not bad mouth or talk bad about the stock.
No reason to cause any loss to other investors after you sold.
This is the real code of ethic in this forum.

rr88 does not even has money to buy 1 lot (1,000 shares) of YTLPower.
How to buy 1 million shares today ?
Simply bullshit here.
rr88 is the shameless liar in I3.

Posted by klee > 3 minutes ago | Report Abuse
rr88,thing is you are wrong all the time but still have the biggest mouth in i3...no screw you how?lol
----------------
The worst part is rr88 is telling lies all the times.
rr88 is the shameless liar in I3.
Shouting sell on Supermx from 5.00 to 20.00, still said that he is right all the time.
Not a single call on Supermx is right, still said he is right all the time. He still condemn others are wrong.
Likewise in AAX and Armada forums.
The worst part is he condemned others even he is wrong.

You can sell the stock quietly.
After you sold, please do not bad mouth or talk bad about the stock.
No reason to cause any loss to other investors after you sold.
This is the real code of ethic in this forum.

Never trust this shameless liar rr88.
He will sell for a few cents contra gain and later will bad mouth the stock.
In 2020, this shameless liar rr88 caused all readers to miss out huge profit on Supermx in 2020.

Posted by rr88 > 1 day ago | Report Abuse
Grossly overbought. Will consolidate to 1.50++. Sell/stay away/cut loss.
------------------------------
I recall my memory in 2020, I recommended Supermx at 3.60, the share price of Supermx went up to the high of 24.50 in 2020.
This shameless liar rr88 kept on shouting sell call on Supermx from 5.00 until > 20.00.
This shameless liar rr88 caused all readers to miss out huge profit in Supermx in 2020.
Hope that the uptrend momentum of YTLPower is like the uptrend momentum of Supermx in 2020.
The share price of YTLPower continues to break new high.
Hope that all readers here are laughing all the way to the bank.
Good luck to all readers here.
Thank you.

Hopefully 2.19 is crossed convincingly today.

1.) List in FTSE Asia-Pacific index on 18/9/2023.
2.) YTLPower might be added to FBMKLCI component stocks in December's review. Presently, YTLPower ranks no 26.
Note :
I recalled the share price of Supermx in 2020, when Supermx is included in FTSE's Asia-Pacific index and also included as a component stock in FBMKLCI index, the share price of Supermx moved up north from 3.60 to a high of 24.50 in 2020.

Will this phenomenon happens to YTLPower in 2023 ?
Hope for the best and good luck to all investors in this forum.

The following events will enhance the share price of YTLPower.
1. Listed in FTSE Asia-Pacific index on 18/9/2023.
2. YTLPower might be added to FBMKLCI component stocks in December's review. Presently, YTLPower ranks no 26.
3. Good Q1 Sep 2024 result releases in November 2023. I believe the result is definitely better than Q1 Sep 2023 result.
4. Tan Sri Francis Yeoh promised to give out a dividend of 15 sen for FY2024.
5. The target price set by HLIB in 2023 is 2.90, I believe it is achievable.

Good luck to all investors here.
Thank you.

When the profit of YTLpower is good, the management of YTLPower is very kind to all shareholders to give out high yield dividend around 6% to 7%.
When the share price is below 1.43 sen in 2010, 10 sen dividend was given out.
The dividend yield is 7%.
Tan Sri promised to give out a dividend of 15 sen in 2024.

I hope YTLPower might be added to FBMKLCI component stocks in December's review.
This will add weight to the stock.
More foreign funds will buy into this stock more aggressively.
Good luck to all investors here.

2.01 follow by 1.92.
Thank you.

Dear dragon328,
Thank you for your information.

Dear dragon328,
YTLPower built a large-scale solar power plant in Kulai Johor with a generation capacity of up to 500MW in 2022.
When you think this solar power plant will start to sell electricity ?
Will this PBT include in FY2024 result ?
I check and I cannot find my answer.
Please help to advise.
Thank you.

Posted by rr88 > 1 day ago | Report Abuse
Grossly overbought. Will consolidate to 1.50++. Sell/stay away/cut loss.
------------------------------
I recall my memory in 2020, I recommended Supermx at 3.60, the share price of Supermx went up to the high of 24.50 in 2020.
This shameless liar rr88 kept on shouting sell call on Supermx from 5.00 until > 20.00.
This shameless liar rr88 caused all readers to miss out huge profit in Supermx in 2020.
Hope that the uptrend momentum of YTLPower is like the uptrend momentum of Supermx in 2020.
The share price of YTLPower continues to break new high.
Hope that all readers here are laughing all the way to the bank.
Good luck to all readers here.
Thank you.

Dear dragon328,
I worked very hard to verify your calculation and also my calculation, I believe EPS=0.40 in FY2024 is possible even without taking into consideration of your new projection of "Yes" would contribute EBITDA of RM420 million to YTLP a year.
If I assume the contribution of "Yes" plus extra profit from power generation in FY2024, my EPS projection is ranging from 0.41 to 0.56.
I do not want to be too bullish, hence I will consider EPS=0.41 is good enough for the share price of YTLP to achieve 4.00 in 2024.
Thank you.

YTLPower is the best stock I recommended in 2023.
Hopefully all investors are laughing all the ways to the bank.
I checked, foreign funds are still net buyers in KLSE on 25/8/2023.
Already hit the target price at 2.05 set by HLIB previously.
The new target price set by HLIB is at 2.90.
I hope this new target price at 2.90 will be crossed easily before November 2023.
I still believe the target price in 2024 should be higher than 2.90.
If EPS in FY2024 is 0.40, at PER=10, the target price for 2024 should be 4.00.
We should have some idea after Q2 2024 result releases in Feb 2024.
Good luck to all investors here.
My 2 cents comments.

I watch "Youtube" on Francis Yeoh's interview on YTLPower, if you invested 1 million in 1987, your return (ROI) is 156 million in 2023 ie 15500%.
I believe all assets of YTLPower will increase exponentially in the next few years.
Invest in YTLPower as a long term investment like what dragon328 recommended.
The final decision is always yours.
Thank you.

YTLPower is the best stock I recommended in 2023.
Hopefully all investors are laughing all the ways to the bank.
I checked, foreign funds are still net buyers in KLSE on 25/8/2023.
Already hit the target price at 2.05 set by HLIB previously.
The new target price set by HLIB is at 2.90.
I hope this new target price at 2.90 will be crossed easily before November 2023.
I still believe the target price in 2024 should be higher than 2.90.
If EPS in FY2024 is 0.40, at PER=10, the target price for 2024 should be 4.00.
We should have some idea after Q2 2024 result releases in Feb 2024.
Good luck to all investors here.
My 2 cents comments.

I have been a remisier for 30 years.
I have seen many of my friends and clients made multi million profit from KLSE.
They are all investors and use the strategy to buy and hold to make profit.
I learned all these strategies from them to make my multi million profit from KLSE.
I never seen any contra player made million profit from KLSE, do not even mention multi million profit from KLSE.
Decide yourself what type of player you want to be.
Please take my advice seriously.
Thank you.