I still hold a big portfolio of YTLPower.
No intention to sell them.
I like to keep them for a bit longer term.

When the share price of YTLPower drops, I prefer to keep quiet.
I do not like to bad mouth any stock in I3.
I will add position if the share price drops to a strong support level.

I still stick to my target price at 6.30 in 2024.
Hopefully this target price can be achieved in the second half of 2024.
Good luck.
Thank you.

The Q3 2024 result of Humeind released is considered as very good if compared to Mcement.

HLIB can recommend Mcement, but cannot recommend Humeind (sister company).

CGS recommended Mcement, the target at 6.80, but did not recommend Humeind.

RHB recommended MCement, the target price at 7.15, but did not recommend Humeind.

So far no investment bank recommends Humeind, hence the share price of Humeind cannot perform.
I also agreed that Humeind is really undervalued.

The present share price at 3.40 is still considered as a cheap share if compared against Mcement.

Good luck.
Thank you.

Dear Klee,

I was sick for a few days, hence I did not post anything in I3.
dragon328 is the best analyst in YTLPower, I always consult him when I have any doubt on YTLPower.
dragon328 is the person that I respected a lot, he is always better than me.
Thank you.

Dear Goldberg,
Thank you for your information.
Good job done.

Dear Goldberg,

Will HDD be obsoleted by 2028 ?
Will HDD be replaced by flashed storage in the very near future like after 2028 ?
I am very blur here, please enlighten me.
Thank you.

Dear Goldberg,

Will HDD be obsoleted by 2028 ?
Will HDD be replaced by flashed storage in the very near future like after 2028 ?
I am very blur here, please enlighten me.
Thank you.

Posted by cktay > 1 hour ago | Report Abuse

Hi OTB, is Bursa technically in a bull run yet? Am I wrong to say most investors of the last 20 years have never really seen the real bull run in KLSE/Bursa.
In a real bull run, can we expect YTL and YTLPower to double its current price one more time? Hehe!
--------------------
Yes.
KLSE is in a bull market now.
CIMB upgraded the FBMKLCI to 1,755 in 2024.

KLSE was in a bear market for 30 years since 1993.
The FBMKLCI closed above 1,600 on 7/5/2024 which is at 2 years high compared against 1,582.98 closed on 5/5/2022.
The next resistance is at 1,623, 1644, and 1,700 respectively.
I believe the FBMKLCI will hit > 1,700 in 2024.
I also believe KLSE will perform very well in the next 3 to 5 years.

The highest point of Jakarta Composite index (JKSE) was at 743 in 1993, the present JKSE is at 7,134.72 on 3/5/2024, an increase of 6,392 points or 860% in the last 30 years.

The highest point of FBMKLCI was at 1,332 in 1994, the present FBMKLCI closed at 1,600 on 7/5/2024, an increase of 268 points or 20% in the last 30 years.
KLSE stock market is still far ... far ... worse than other stock markets in the last 30 years.

Even if the FBMKLCI Index moves up north to 2,000 points, it is still nothing to compare against other best performing stock markets.
KLSE is still a laggard stock market in SEA.

It is not important how high FBMKLCI can move up north. It is very important that the stock you selected can move up north like YTLPower.
Invest and focus on good fundamental and uptrend stock only, never buy a downtrend stock.
Do not simply buy any stock on rumour and chase up the stock price.

Good luck.
Thank you.

KGB- WB is still trading at a discount, it should not be the case.
The expiry of KGB-WB is still 2 years away, no reason to trade at a discount.
By right, it should trade at a premium of 10%.
KGB-WB still have more room to move up.
Good luck.
Thank you.

The Q3 2024 result will be released on 24 May 2024, I believe Q3 2024 will be very good.
Believe that TS Francis Yeoh will announce a higher dividend after Q3 2024 result as promised.
Hopefully, the share price of YTLPower will hit 5.55 after good Q3 2024 result releases.

HLIB will revise up the target price of YTLPower after good Q3 2024 result.
Hopefully, the share price of YTLPower will cross 6.30 after good Q4 2024 result releases in August 2024.
According to Fibonacci projection, the target price will hit 161.8% around 6.50 in August 2024.
I will use this target price as a reference only.

Hopefully my prediction will come through in August 2024.
Good luck.
Thank you.

Humeind will continue to break a new high because the earning of Humeind is better than Mcement in term of EPS.
The share price Humeind is chasing the share price of Mcement which is far ... far ... ahead.

Good luck.
Thank you.
----------------------------
Using 4 rolling quarters, the EPS of Mcement and Humeind is 27.34 sen and 27.85 sen respectively.
In term of fair valuation, I believe EPS of Humeind is still better than Mcement.
CIMB gives a target price of Mcement at 6.80, using the same method of calculation, the fair target price of Humeind should be 6.93.
The current share price of Humeind is 3.12, there is a potential gain of 122%.

Cement stock will perform very well in the next 2 to 3 years due to MRT, LRT, ECRL, other infrastructure projects and data centers construction.

Good luck.
Thank you.

HLIB can recommend Mcement, but cannot recommend Humeind.
CGS recommended Mcement the target at 6.80, but did not recommend Humeind.
So far no investment bank recommends Humeind, hence Humeind cannot perform.
I also agreed that Humeind is really undervalued.

Need to wait for Mcement result to be released, then may be Humeind can perform.
Good luck.
Thank you.

Quote from dragon328's report.
YTL Power should rise from current RM1.30 in May 2023 to RM5.00 level by Mar 2025.

The timing of Mar 2025 should be right as by then:
1) PowerSeraya should continue to report strong earnings due to tight supply (Keppel new plant only comes in 1H 2026)
2) Wessex will have its new water tariffs adjusted up substantially for the new 5-year regulatory period due to its enlarged RAB and to compensate the high interest rates it is suffering these 2 years from a higher WACC
3) 1st phase green data centre should have been up and running contribution new earnings stream
4) digital bank business should find its footing after 1 year of operations
5) more visibility in power export timeline to Singapore.
------------------------------
My comments :-
1.) I believe Wessex should be in profit position in 2025.
2.) Green data centre should make profit in 2025.
3.) 5G YES - should be in profit position in 2024.

I believe the EPS for FY 2024 is = 0.42, take a PER=10, the target price of YTLPower should hit 4.20 in FY 2024.

I also believe the EPS for FY 2025 is = 0.50, take a PER=10, the target price of YTLPower should hit 5.00 in FY 2025.

My 2 cents comment only.
The final decision to buy is always yours.
Thank you.
-----------------------------
Dear dragon328,

The above article, I extract it from Sslee's blog : 6 months, 12 months and 18 months ROI contest. https://klse.i3investor.com/web/forum/forum-thread/608595869

I remain the champion in this competition because I selected YTLPower.

Please note that the share price of YTLPower moved past 5.00 before Mar 2025.
You have done a good job to benefit all readers in YTLPower forum.
I appreciate it.
Thank you.

The share price of KGB breaks a new high.
Insiders should know that Q1 2024 result will be very good.
They buy first before the result.

I believe the quarter result of KGB to be released in May 2024 will be very good.

I believe the share prices of KGB will move up north very fast if the quarter result to be released is very good.
Hope that the share price will break 3.00 convincingly today.

I prefer to buy KGB-WB because this warrant is still trading at a discount.
The expiry of KGB-WB is still 2 years away, no reason to trade at a discount.
By right, it should trade at a premium of 10%.

Good luck.
Thank you.

No candle loses its light while lighting another candle.
Never stop sharing, caring and helping others, because it makes our life more meaningful.
Thank you.

Post removed.Why?

Dear dragon328,
Please sent me a copy of Macquarie report.
Thank you.

I believe the insiders are buying before Q3 2024 result to be released on 24/5/2024.
The Q3 2024 result must be very good.
FY 2025 result will be better because of Nvidia participation in AI and cloud data center.
The share price is always 6 months ahead of the result.
Good luck and hope everyone is laughing all the way to the bank.
Thank you.

YTLPower is the best performing stock in 2023 and 2024.
Hope that all readers are laughing all the way to the bank.
Good luck.
Thank you.

The Q3 2024 result will be released on 24 May 2024, I believe Q3 2024 will be very good.
Believe that TS Francis Yeoh will announce a higher dividend after Q3 2024 result as promised.
Hopefully, the share price of YTLPower will hit 5.55 after good Q3 2024 result releases.

HLIB will revise up the target price of YTLPower after good Q3 2024 result.
Hopefully, the share price of YTLPower will cross 6.30 after good Q4 2024 result releases in August 2024.
According to Fibonacci projection, the target price will hit 161.8% around 6.50 in August 2024.
I will use this target price as a reference only.

Hopefully my prediction will come through in August 2024.
Good luck.
Thank you.

The share price of YTL breaks new high now.
The share price of YTLPower should cross 5.00 today.
Q3 2024 result will be released on 24/5/2024.
I believe strongly Q3 2024 result will be very good.
Hoping TS Francis Yeoh will announce a higher dividend after Q3 2024 result.
Good luck.
Thank you.

Post removed.Why?

Posted by Jeffrey > 2 hours ago | Report Abuse

OTB you said "I NEVER attack anyone in I3". Do you understand what is NEVER? Mana you sekolah?
-----------------------
I will never attack anyone in I3.
I will counter attack if you attack me first.
I will never attack anyone in I3 ... I repeat ... Very clear.

If you said I am a conman, I will fxxk you.
I never cheat any single cent from any reader in I3.

I do not wish to quarrel with anyone in I3.

I am not in anyway related to FelixPonndann.
I repeat ... I do not know who is FelixPonndann.

Thank you.

FelixPonndann

Calling Jeffrey @ Jeffrey the IDs Felix888999 is currently using.
Jeffrey is really a CHARBORHENG or PON DAN in hokkienn language
Yesterday was so BRAVE to challenge SIFU OOI with LIES and RUBBISH about Yinson..
Jeffrey is BOH L AN HOOT in hokkien or in malay tak ber bola or in ENGLISH a coward.
Barking up the wrong tree against a sifu who has no relation with us bangkala cafe workers.
Remember we were invited by ULAR SAW to TANAM felix hidup hidup as he was a referee in YTLP..Unless ULAR SAWA says otherwise..Felix days will be happy.
The lastest news is Jeffrey wife is in hospital KNOCKED DOWN BY A CAR
P/S Felix888999 is a MAN..we have hacked his computer and have all his personal info
-------------------------
This Felix or Jeffrey attacked me all the time because he/she think that I am related to FelixPonndann.
This Felix is barking on the wrong tree.
I have explained many times I have no relationship with FelixPonndann.
I do not know FelixPonndann.
Likewise, TanDavid also has no relation with FelixPonndann.

I never attack anyone in I3. Show proof if you can find any.
I am not interested to quarrel with anyone in I3.
Please do not quote me as a conman, I will fight you hard to the expense of losing everything.
I never cheat a single cent from any reader in I3.

Hope it is the last article to clear the doubt.
A naysayer will never do well in his/her investment.
Please behave yourself.
Thank you.

YTLPower will perform well in May 2024 if the following events happen in May 2024.

1.) Q3 2024 result must be very good. I believe it will.
2.) Give out higher dividend as promised by TS Francis Yeoh.
3.) Announcement from Nvidia, the timing to take up 100 MW data centers in Kulai.
4.) Announcement from other high tech stocks in the US to take up the data centers in Kulai.
5.) The best is a partnership between Nvidia and other high tech stocks in the US to use this data center of YTLPower as AI or cloud hubs for SEA.
Good luck.

My 2 cents opinion only.
Thank you.

This mad lady does not know head or tail, simply bullshit and find fault on me.
I have cleared all my postings before to avoid confrontation.
Still continue to attack me and badmouth me, think that I am scared of her.
She deserved many people in I3 to Fxxk her and curse her.
What type of manner a person has ?
So low class for a lady.
Use many id to cheat.

Posted by Sslee > 1 hour ago | Report Abuse

Repost:
When you tender and received contract to build FSPO for client long term lease you then borrow money (many billions) to build the FSPO. The borrowing is recorded as liabilities.
On the assets side during FSPO construction period the asset is recorded as contract asset and when FPSO delivered to client and on production state it is recorded as finance lease receivables.
---------------------------
At least you know the facts.

Post removed.Why?

Post removed.Why?

Felix,
A good person will not behave that low class.
Simply tell lies about me.
Let many people here to fxxk you all the time, still has thick skin to tell lies after lies.
You deserve to be knocked down by car.
I will continue to curse you non-stop.

I never see any person like Felix is so thick skin.
Let people curse and scold, still has thick skin to tell lies here.
Do not know, do your homework.
Talk with facts and figures.
No one here is to con readers here.
I use my name all the time, I account for every sentence I said.

I use my real name.
I talk with facts and figures.
I did not tell any lie in I3.
I do not attack anyone in I3.
I do not badmouth any stock in I3.
I have a thin skin, I do not allow anyone here to say that I tell lies in I3.
It is my code of ethic here.
Thank you.

Posted by Jeffrey > 40 minutes ago | Report Abuse

I'm talking about true facts you said I copied from OTB?

Did OTB highlight the risks on this counter? Show here!
--------------------------
Posted by OTB > 3 weeks ago | Report Abuse

Dear Sslee, 3iii

I3 do you know what are the gross and net profit margin during construction and operation period?
Ans :
The gross profit during construction period = 7.6%.
The gross profit during Operation period = 39.6%.

The below information is extracted from Q4 2024 results.
ROIC = 14.13%.
ROE = 17.69%.
Earning yield = 12.31%.
EPS = 0.315
PER = 7.46.
EV/EBIT = 8.12
Net profit margin (Net profit/sales) = 8.28%
Cash flow from CFFO = -2,881,000
Free cash flow = -3,191.000.
Net debt = 13,362,000
Interest coverage = 2.760.

High debt and negative cash flow are the real reasons that Yinson cannot perform.
I have all figures to show.

Thank you.
---------------------------
Felix,
Fxxk you.
Please get out from this forum.
Please do your homework before you can challenge me.
Please get lost from this forum.
Thank you.

Posted by OTB > 3 weeks ago | Report Abuse

Dear Sslee, 3iii

I3 do you know what are the gross and net profit margin during construction and operation period?
Ans :
The gross profit during construction period = 7.6%.
The gross profit during Operation period = 39.6%.

The below information is extracted from Q4 2024 results.
ROIC = 14.13%.
ROE = 17.69%.
Earning yield = 12.31%.
EPS = 0.315
PER = 7.46.
EV/EBIT = 8.12
Net profit margin (Net profit/sales) = 8.28%
Cash flow from CFFO = -2,881,000
Free cash flow = -3,191.000.
Net debt = 13,362,000
Interest coverage = 2.760.

High debt and negative cash flow are the real reasons that Yinson cannot perform.
I have all figures to show.

Thank you.

Post removed.Why?

To be fair, those readers followed my recommendation since 2013 until today, they should make million from KLSE.
I am not joking here, I talked with true facts. I have all the records of the gain.
All my wealth I made it from KLSE from 2012 until today.
I lost money in 2018 and 2022 only.

A few outstanding stocks stated below.
1.) VSI - The share price went up from 2.40 to 18.00 in less than 2 years. I helped Mr Koon to make a few hundred millions from this stock.
2.) Dayang - The share price went up from 0.90 to 3.20 in less than 1 year.
3.) Supermx - I recommended it at 3.60, the share price went up to a high of 24.50 in less than 4 months. More than 100 readers in I3 become millionaires because of my promotion.
4.) YTLPower - I recommended it at 1.10, the share price is at 4.80 now. Many readers in YTLPower also become millionaires.

I agreed I made a big mistake to recommend Hengyuan in 2022.
It caused many readers here lost a lot of money.

Overall, my performance is still considered as good because there are more gains than losses.
Thank you.

Posted by holihom > 1 minute ago | Report Abuse

Found another website, debt 16b, assets 23.b YINSON's
Short term assets (MYR4.9B) exceed its short term liabilities (MYR4.7B).
Short term assets (MYR4.9B) do not cover its long term liabilities (MYR16.1B).
------------------
Yes.
You are very right.
According to all analysts, the debt is not high.
All FPSO operators in the world have high debts because it is the nature of FPSO business.
One FPSO vessel costs USD 1 to 2 billion to be built.
4 FPSOs cost about USD 6-8 billion, hence the assets are still higher than liabilities.
Yinson is the best FPSO builder in the world, high quality standard and always build FPSO ahead of schedule.
FPSOs MQ and Atlanta are 6 months ahead of schedule.

Thank you.

Posted by holihom > 5 minutes ago | Report Abuse

I checked various website cant find 16 billion debt. As of Jan 31 24 Yinson debt to cash is 0.034, debt to equity 0.019, current ratio 1.06, cash ratio 0.73
-----------------------
All 10 analysts called a buy on this stock, no one calls a sell or hold.
All analysts said the debt is within control, not too high.
I am not an accountant, the loan is pledged and repayment is done from the payment of charter service from the oil company.
Yinson is not responsible for the loan once the FPSO vessel finds oil. The loan repayment is deducted from the charter rate payment from oil company.
I really has a problem to explain it.
The accounting of Yinson is very complicated, I really has a problem to understand it.

I prefer to wait until both FPSOs Atlanta and MQ find oil, I want to see the amount of negative free cash flow status once both FPSOs find oil.
Thank you.

Post removed.Why?

Hope the share price of KGB can cross 3.00 convincingly today.
Good luck.
Thank you.

The share price of KGB breaks a new high.

I believe the quarter result of KGB to be released in May 2024 will be very good.

I believe the share prices of KGB will move up north very fast if the quarter result to be released is very good.

I prefer to buy KGB-WB because this warrant is still trading at a discount.
The expiry of KGB-WB is still 2 years away, no reason to trade at a discount.
By right, it should trade at a premium of 10%.

Good luck.
Thank you.

Posted by Thirai Thiraviam > 1 day ago | Report Abuse

quote TTB saying, that “I expect the KLCI to rise to 2,500 to 3,000 over the next 3 – 5 years.” What is the basis for this increase?
------------------------------
The highest point of Jakarta Composite index (JKSE) was at 743 in 1993, the present JKSE is at 7,134.72 on 3/5/2024, an increase of 6,392 points or 860% in the last 30 years.

The highest point of FBMKLCI was at 1,332 in 1994, the present FBMKLCI closed at 1,605 on 8/5/2024, an increase of 273 points or 20.5% in the last 30 years.

KLSE stock market is still far ... far ... worse than other stock markets in the last 30 years.

Even if the FBMKLCI Index moves up north to 2,000 points, it is still nothing to compare against other best performing stock markets.
KLSE is still a laggard stock market in SEA.

FBMKLCI has crossed 1,600, I believe KLSE is in a bull market.
The next resistance to cross is 1,700.
Can move up to 1,700 in 2024 ?
I believe it is possible. All depend on the share price of YTLPower, YTL and Tenaga.

My 2 cents comment.
Thank you.

KGB-WB should trade at a share price at least 10% premium.
The expiry date of this WB is still > 2 years away.
Hence this KGB-WB is still cheap because it is trading at 2% discount instead of 10% premium.
Good luck.
Thank you.

The share price of KGB breaks new high.
Q1 2024 result will be released in May 2024.
Hope Q1 2024 result must be very good. At least the PAT must grow > 20%.
Good luck.
Thank you.

Posted by CIO888 > 2 minutes ago | Report Abuse

Hi, Mr. Ooi, how about Ranhill? You posted the following:

I think it is a good news for YTLPower.
YTLPower has water, green RE, land and data center in Kulai, Johor.
Good foresight by YTLPower management.
--------------------
I am so sorry, I do not do any research on Ranhill.
Hence I cannot comment.
I focus on YTLPower only.
Thank you.

YTLPower will perform well in May 2024 if the following events happen in May 2024.

1.) Q3 2024 result must be very good. I believe it will.
2.) Give out good dividend as promised by TS Francis Yeoh.
3.) Announcement from Nvidia, the timing to take up 100 MW data centers in Kulai.
4.) Announcement from other high tech stocks in the US to take up the data centers in Kulai.
5.) The best is a partnership between Nvidia and other high tech stocks in the US to use this data center of YTLPower as a AI or cloud Hubs for SEA.
Good luck.

My 2 cents opinion only.
Thank you.

The highest point of Jakarta Composite index (JKSE) was at 743 in 1993, the present JKSE is at 7,134.72 on 3/5/2024, an increase of 6,392 points or 860% in the last 30 years.

The highest point of FBMKLCI was at 1,332 in 1994, the present FBMKLCI closed at 1,605 on 8/5/2024, an increase of 273 points or 20.5% in the last 30 years.

KLSE stock market is still far ... far ... worse than other stock markets in the last 30 years.

Even if the FBMKLCI Index moves up north to 2,000 points, it is still nothing to compare against other best performing stock markets.
KLSE is still a laggard stock market in SEA.

Thank you.

I think it is a good news for YTLPower.
YTLPower has water, green RE, land and data center in Kulai, Johor.
Good foresight by YTLPower management.
Very big tech stocks from the US or China will choose YTLPower data centers.
Good luck.
Thank you.

1.) FPSO Maria Quitéria. Brazil. 100% stake.
https://www.theedgemarkets.com/article/yinson-lands-fpso-contracts-worth-us52-billion-brazil
Contract value = USD 5.2 billion. 22.5 years firm.
Start operation in mid-2024.
Annual (charter rate) revenue = USD 5200 million/22.5 = USD 231.11 million = RM 1.086 billion (1 USD = RM 4.70)
PBT (40% of revenue) = 434.40 million
PAT (37% tax) = 273.67 million

2.) FPSO Atlanta. Brazil. 100% stake.
https://www.oedigital.com/news/494478-malaysia-s-yinson-brazil-s-enauta-pen-firm-contracts-for-atlanta-field-fpso
Contract value = USD 1.9 billion. 15 years firm and with option to extend 5 years.
Start operation in mid-2024.
Annual (charter rate) revenue = USD 1900 million/15 = USD 126.67 million = RM 595.35 million (1 USD = RM 4.70)
PBT (40% of revenue) = 238.14 million
PAT (37% tax) = 150.03 million

I believe 50% of PAT (212 million) will be included in FY 2025 income statement.
Thank you.

Using 4 rolling quarters, the EPS of Mcement and Humeind is 27.34 sen and 27.85 sen respectively.
In term of fair valuation, I believe EPS of Humeind is still better than Mcement.
CIMB gives a target price of Mcement at 6.80, using the same method of calculation, the fair target price of Humeind should be 6.93.
The current share price of Humeind is 3.12, there is a potential gain of 122%.

Cement stock will perform very well in the next 2 to 3 years due to MRT, LRT, ECRL, other infrastructure projects and data centers construction.

Good luck.
Thank you.

@klee,
My target price at 6.30 is not very far off now.
Many naysayers laugh at me for such high target price.
Hope it can achieve in 2024.
Good luck.
Thank you.