Posted by cwc1981 > 1 week ago | Report Abuse

all ytl's peers marching up and surpassing but ytl sliding down.haizz

Posted by dragon328 > 1 week ago | Report Abuse

The earnings of YTL for Q4 FY2024 should be good, but I am not sure if it will declare a final dividend of 9.5 sen as indicated by Tan Sri Francis last year. I hope it will.

Even if it declares a lower dividend than 9.5 sen, I won't bother much and will hold onto YTL shares as I know the company preserving cash is for future projects. A lower dividend may mean a big project coming its way to YTL soon.

Posted by cwc1981 > 1 week ago | Report Abuse

Hi @dragon328. Yes is undeniable ytls has great prospect but is seems investor is not taking this into consideration looking at the share price movement since the 3rd quarter result in end of May

Posted by dragon328 > 1 week ago | Report Abuse

Most of the investors are short term in nature, even many foreign funds are just hot money coming in and out within 6 months. No doubt YTL announced a weak set of results for Q3 FY2024, it was mainly due to lower earnings contribution from YTL Power / PowerSeraya.

As PowerSeraya is rebounding well from the temporary slump in Jan-Feb 2024, YTL Power will announce a stronger set of earnings in the upcoming Q4 FY2024, which will benefit YTL.

YTL will continue to benefit from strong earnings of MCement in coming quarters due to elevated cement selling price and impending HSR revival prospects.

Furthermore, the influx of foreign tourists into Malaysia due to visa-free travelling from China and India will benefit YTL's hotels and shopping malls in Malaysia and Singapore.

YTL share price dropped to a low of RM3.30 after Q3 result announcement in end May, but has since quickly rebounded to above RM3.70 last week. That shows it has good support from longer term investment funds and investors when short term traders and funds took profit. We cannot judge a stock performance merely from few weeks of stock price movements. As long as fundamentals remain attractive, this stock is a long term Buy.

Posted by dragon328 > 1 week ago | Report Abuse

As mentioned before, the sell down of YTL shares in past 2 days was triggered by the draft determination by Ofwat for Wessex Waters' next 5 year business plan, which in turn caused a selldown in YTL Power shares.

As it is just another draft determination of Ofwat, it does not have any immediate impact on Wessex's operations. I am confident that Wessex management will work hard to engage Ofwat in the next few weeks to deliberate on the merits of its submitted business plan and justify for a higher rate of return on capital. I think the final determination in Dec 2024 will typically improve from the drafts.

Hence, I find the selldown in YTL Power and YTL shares in these 2 days is unfounded and unnecessary. I see the current weakness in YTL share price as a good opportunity to accumulate more for long term investment holds.

Posted by cwc1981 > 1 week ago | Report Abuse

Yes @dragon328 hopefully ytl able to close with a good result similarly like the Feb result. If not the price will be under pressure

Posted by stncws > 1 week ago | Report Abuse

zzzzzzz

Posted by PalaniR > 6 days ago | Report Abuse

Good for YTL's employees. Get the share at super cheap price
https://klse.i3investor.com/web/mktbzz/additional-detail/37832_175844435

Posted by redhotpepper > 5 days ago | Report Abuse

Under pressure and down south. Best time to accumulate?

Posted by cwc1981 > 5 days ago | Report Abuse

No idea mate. Looking at the trend tomorrow maybe lower

Posted by 100Mark > 5 days ago | Report Abuse

Then use DCA method on YTL

Posted by redhotpepper > 5 days ago | Report Abuse

Today cheap sale again, accumulate I guess??

Posted by cwc1981 > 5 days ago | Report Abuse

IJM already surpassed you Mr Yeoh

Posted by dragon328 > 5 days ago | Report Abuse

Foreign funds started selling IJM yesterday in a big way after buying in past few weeks when local analysts also helped to come out with good reports on construction stocks like IJM and Gamuda. To me, these pure construction stocks are getting over-valued now with PER of over 20x, but local analysts are upgrading them to 25x prospective PER.

Stock valuation in the long run will eventually fall back to earnings and fundamentals. YTL is a lot cheaper at less than 15x PER with improving earnings prospects from YTL Power (Wessex turning around, PowerSeraya's continued strong earnings, AI data centre starts contributing next year etc.), MCement (strong earnings to sustain from mega construction work like Penang LRT, KL-Singapore HSR, data centres construction work etc.) and hotels business (from influx of foreign tourists to Malaysia and Singapore on visa-free travelling from China and India, strong surges in tourists to Japan due to weak yen etc.).

Posted by cwc1981 > 5 days ago | Report Abuse

Thanks dragon 328. But what is your opinion that both ytls remain depressed and people keep selling lower?

Posted by OnTime > 5 days ago | Report Abuse

the magnanimous stock god depresses the price to allow others to get in?

Posted by dragon328 > 4 days ago | Report Abuse

@cwc1981, YTL and YTL Power share price is down temporarily due to some foreign funds selling. These foreign funds tend to be hot money which comes in and out within 6-9 months typically.

Foreign funds started buying YTL and YTL Power in a big way in Dec 2023 up until early May 2024. After YTL Power announced a weak set of quarterly result for March 2024 in late May, these "hot money" found the excuse to take profit on YTL and YTL Power which both have given them 100% gain in 6 months. To these "hot money", a 100% gain in 6 months is good enough coz they bought in big quantities. They bought in total some RM950 million in YTL Power shares and RM850 million worth of YTL shares from Dec 23 to May 24, so a 100% gain will have given them good profit of RM400-500 million each from YTL and YTL Power.

It is no surprise for these "hot money" to take profit and exit the stocks, but the good thing is that most of the selling pressure from these hot money funds has been well adsorbed by local institutional funds as well as local retailers in past few weeks, hence the share price is only down like 10% from their peak prices.

The reason why local institutional funds are coming in to buy YTL and YTL Power is that they are finally convinced that the earnings outlook for both companies is so bright that they cannot simply ignore, as both stocks have become stocks with almost the largest market cap in Bursa, with YTL Power in top 10 list.

Local funds like EPF cannot ignore the fact that YTL and YTL Power have become the leader in respective areas of expertise, i.e. YTL Power is the pioneer in data centre and AI data centre in collaboration with Nvidia, one of the largest companies in the world, and is the owner of the 2nd largest power company in Singapore and owner of Wessex Waters, one of the 10 water companies in the UK; while YTL owns a majority stake in YTL Power and MCement, the largest cement player in Malaysia, and the owner of Niseko village, the largest land owner and ski resorts owner in Hokkaido Japan, and the three renowned Marriotte Hotels in Australia.

These local funds know that by buying YTL and YTL Power, they will have good and direct exposure to the booming AI and data centres in Malaysia, benefits of the strength in Singapore dollars, the turn around of Wessex and exposure to the UK utility and property sectors, the booming tourism sector in Australia and Japan.

Posted by cwc1981 > 4 days ago | Report Abuse

Thanks dragon328. Hope YTL able to catch up with others soon

Posted by facsc118 > 4 days ago | Report Abuse

Digital bank from YTLP coming soon. Launching in Q4

Posted by Yezzy99108 > 4 days ago | Report Abuse

the delay in launching digital banking business have such a detrimental and huge adverse effect on share price

Posted by raymondroy > 4 days ago | Report Abuse

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

Posted by cwc1981 > 4 days ago | Report Abuse

Agreed Raymondroy. Hope more catalyst and new updates on the delayed project to be announce soon

Posted by cwc1981 > 4 days ago | Report Abuse

https://www.freemalaysiatoday.com/category/highlight/2024/07/18/malaysia-to-decide-on-singapore-high-speed-rail-link-this-year/

Posted by cwc1981 > 4 days ago | Report Abuse

I'm wondering does this project still able bring a positive impact to Ytl

Posted by MyWay > 4 days ago | Report Abuse

Anthony Loke: Malaysia to decide on HSR project with Singapore by year-end
https://www.malaymail.com/news/malaysia/2024/07/18/anthony-loke-malaysia-to-decide-on-hsr-project-with-singapore-by-year-end/144107

Posted by dragon328 > 4 days ago | Report Abuse

The KL-Singapore HSR project will be highly positive to YTL group.

WHoever wins the HSR construction work contracts will need to procure lots of concrete and cement, and with MCement being the largest cement producer in Malaysia, YTL will definitely benefit.

The article says YTL is one of the 3 consortium shortlisted for the HSR job. I see YTL as one of the frontrunner as it has the expertise and financial muscle to take up and complete the massive construction work on time, based on its track record.

Posted by cwc1981 > 4 days ago | Report Abuse

Hi @dragon328. What is the confidence level that HSR will be revive?

Posted by redhotpepper > 4 days ago | Report Abuse

Great insights @Dragon328

Posted by fx115w > 3 days ago | Report Abuse

HSR will definitely revive with the strong will & backing of our Agong/Johor Sultan.
That is 99.9% for sure. Can you imagine the most 2 advance country in SEA without HSR? Laos, Thailand, Indonesia will be laughing at us.

Posted by cwc1981 > 3 days ago | Report Abuse

@fx115w thanks. Hope Agong will push government to expedite this HSR project

Posted by fx115w > 3 days ago | Report Abuse

The news mentioned that OTB is strongly against HSR. Is it true?

Posted by speakup > 3 days ago | Report Abuse

https://www.youtube.com/watch?v=ti7r3DEFdfc

Posted by 100Mark > 3 days ago | Report Abuse

Dow Jones dropped ... YTL will drop today as well?

Posted by speakup > 3 days ago | Report Abuse

ytl is listed in malaysia lah not usa. usa drop so what

Posted by GGstarz > 3 days ago | Report Abuse

yes, u better sell now

Posted by yewnamhung > 3 days ago | Report Abuse

Nonsense 🙄

Posted by Leward88 > 2 days ago | Report Abuse

YTL pulls back a little bit only. Don't worry too much

Posted by PalaniR > 2 days ago | Report Abuse

It will impact indirectly to Malaysian stock market, speakup

Posted by cwc1981 > 2 days ago | Report Abuse

Hope next week Uncle Yeoh doesn't disappoint us again

Posted by redhotpepper > 2 days ago | Report Abuse

Cheap sale, Mari Mari mari

Posted by cwc1981 > 1 day ago | Report Abuse

https://m.malaysiakini.com/news/712585

Posted by cwc1981 > 1 day ago | Report Abuse

So Agong said built HSR, Anwar built HSR?

Posted by speakup > 23 hours ago | Report Abuse

Pmx is a very week leader. He kow tow to Sarawak, Sabah, Johor state govt and also umno. But strange he is very vocal against Dap which is his strongest ally in govt.
That why speakup no longer support Pmx

Posted by paktua73 > 3 hours ago | Report Abuse

paktua try to catch ytl at rm3.45 hope can het by today..


tut tut
tadi tak dapat huhu

Posted by Ron90 > 3 hours ago | Report Abuse

grab je la paktua at 46. I think market already start to turn around from the knee jerk reaction

Posted by EquityJourneyman > 3 hours ago | Report Abuse

Monitor 1st ... Market is so uncertain

Posted by cwc1981 > 1 hour ago | Report Abuse

Genting M maybe get replace by Gamuda. Hope YTL don't end up the same. Haizz

Posted by dragon328 > 37 minutes ago | Report Abuse

There seems to be rotational plays in blue chip counters by foreign funds.

Having bought Gamuda and IJM in a big way in June 2024, foreign funds started selling Gamuda by dumping RM16 million worth of Gamuda shares last Friday and RM50 million worth of Gamuda shares last Thursday.

Foreign funds bought in a total of RM16 million worth of YTL Power shares and RM13 millon worth of YTL shares last Friday.

Posted by dragon328 > 37 minutes ago |

Post removed.Why?

Posted by cwc1981 > 21 minutes ago | Report Abuse

Thanks dragon 328