YTL Land & Development (YTLL MK) Technical BUY with +10.8% potential return Last price : RM1.01 Target Price : RM1.12 Support : RM0.960 Stop-loss: RM0.955 BUY with a target price of RM1.12 with stoploss below RM0.955. Following our earlier BUY call on 25 Jul 14 at the price of RM0.940, YTLL has been approaching our initial target of RM1.03. Yesterday’s “Marubozu” was registered on the back of higher trading volume of 2.1m shares (vs 4-week average of 1.3m), thus indicating a renewed buying interest and thus potentially accelerating the upward movement. Additionally, the uptick in RSI suggests a rising momentum, which in our view may lift the share price higher. We peg our short-term target at the previous high of RM1.12. Expected Timeframe: 1 week to 1 month
YTL Land is probably the only major property developer that has a sizeable landbank left in KL city, large enough to extend into the next property cycle. Its Sentul project has a total GDV of RM13.3bn based on a future valuation of RM1,000 psf compared to current prices of RM800 psf. This will give it a GDV to market cap ratio of 17.3x.
YTL Land owns ~170 acres in KL City, comprising of Sentul (119 acres), KLCC-Bukit Bintang (5 acres), KL Sentral (5 acres), and Pantai Dalam (38 acres). Sentul is positioned to be an outer ring transportation hub.
Expect earnings to pick up in future quarters for the fully sold Capers as progress billings have reached 70% - on track for completion by end-2014, a) ~RM400m total sales from Capers);
best price to enter is 0.89 and u have to wait atleast few months. good luck. this counter no hope... dont waste time...i tried two times also failed me. frustrated.
Ytlland will go 4.50 by years 2020, it is a good fundamental co, annsmith is short term investor, not qualify to discuss for Ytlland, we dont waste time with Annsmith to
No dividend mainly they pay from YTLLand_LA 3%, If par value is RM0.50, they pay YTLLand-LA RM0.15 per year, if we see them pay 2 times per year, it need proportional.
For example new issue 3%, value par consider RM0.50, calculate from 1st May31st Oct is 184days; if 1000units LA= 1000 x 0.03(3%) x 0.5 (par value is RM0.50) x 184/365 = RM7.58 dividend.
If we consider 1.5% per year is correct 1000 units one year get RM15/=, purchase of YTLLand_LA is RM0.44(1 unit) or RM440/=(1000units) now; yearly interest getting 3.4%.
2.64LA change one unit mother share, expire date is 2021-10-31; YTLLand-LA market price is around RM0.45, if change to mother share mean 2.64 x RM0.45 = RM1.188 to by mother share; Mother share is around RM0.90; But YTLLand-LA getting RM0.015 per year until 2021-10-31; YTLLand no interest at this pass few year; Initial I think have Rm0.03 per year which say 3%, actual the share par value is RM0.50, so 3% is RM0.015.
wow still got ppl wasting their time to invest in ytlland? this is not a right move guys, it has been years!!! not moving means no! dont hope for something. it will never come, it came once RM2 and this is the history. no more means no more :)
Hopeless and useless. Has been loyal to this counter for many years until fed-up. Sold and bought others and in a short period, gain more than 80% in Homeriz. Better not waste time in this useless counter.
Among many stocks bought, this really a shit. Year in, year out annnounced profit, profit, profit. Year in, year out, not a single cent divident paid. Year in, year out, price keep dropping like shit. This kind of stock shouldn't be listed and its a waste of time.
Just my opinion... Hard to earn money from YTL and Berjaya counter... Last time I make a mistake...when I saw Hapseng and YTL almost same price... Hapseng RM1.50 and YTL RM1.48.... I choose YTL !! After a few years later....Hapseng shoot up to RM7.55 !! and YTL still the same...maybe lower....
The difference is Hap Seng is run by professional Manager. His salary and bonus are tied to his performance. He also needs to get better and better performance so that his value and popularity will increase. Whereas YTLland is run by multimillionaire. An additional million to them is like a hundred to us. Money is not as attractive to them.
profit every years but no dividend with price downhill years after years at record low. only hope and chance to minority shareholders for this hopeless counter is when the cash rich YTL group decides to pivatise this company for them to savage some returns from this useless investment
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
sjou
129 posts
Posted by sjou > 2014-08-07 09:14 | Report Abuse
break resistant 1.03 ,up trend...