Posted by Victor Yong > 2019-12-07 09:10 | Report Abuse

:)

https://www.nst.com.my/property/2019/12/545460/ytl-builds-one-worlds-largest-indoor-entertainment-arena

Posted by Victor Yong > 2019-12-07 09:17 | Report Abuse

YTL sees rail opportunities in U.K

YTL Corp Bhd developed the Express Rail Link, which operates the KLIA Ekspres and KLIA Transit services from Kuala Lumpur International Airport (KLIA & klia2) and the city.
By Sharen Kaur
November 21, 2019 @ 5:25pm
KUALA LUMPUR: YTL Corp Bhd, the biggest Malaysian investor in the United Kingdom, plans to foray into the state's rail industry, said executive chairman Tan Sri Francis Yeoh.

Yeoh said the rail sector in the UK is a growing industry and offers a bright future for companies looking for opportunities.

It was reported that the UK rail system contributes £36 billion to the UK economy annually.

Research from Oxford Economics published by the Railway Industry Association (RIA) last year showed that the sector contributed more to the UK than food and beverage, tobacco manufacturing, and the chemical and pharmaceutical industries.

Yeoh told the New Straits Times in an interview that YTL was keen to tap investment opportunities in the rail sector there.

But the plan would not be immediate as it wanted to focus on constructing new transport infrastructure for its flagship property development project Brabazon, he added.

YTL Developments UK, a wholly-owned subsidiary of YTL group, is developing Brabazon, a mixed development located at the former Filton airfield in Bristol.

The gross development cost for Brabazon is over £2 billion and will contain 2,675 homes and 25ha employment space, among others.

Yeoh, who recently was awarded the honorary British award of Knight Commander of The Most Excellent Order of the British Empire (KBE), said YTL Developments would invest over £100 million to develop the infrastructure comprising a new MetroBus, railway station and integrated cycle routes to connect Brabazon to neighbouring and existing networks.

“It's a small project. We are familiar with railway development but we want to experience developing the connectivity between rail and bus with Brabazon and then open our opportunities to look at regulated assets in the rail side in the UK.

“We plan to build a railway station and some railway facilities for people to get to the development. All the bicycle tracks and rails are improvement for Bristol. This will cut down a lot of cars on the road," said Yeoh.

Construction for the transport infrastructure may start next year, said Yeoh, who was conferred the knighthood in October by Queen Elizabeth II for his contribution in strengthening UK-Malaysia bilateral relations.

"Rail development is one of the toughest businesses but we have the expertise as we developed the Express Rail Link (ERL) in Malaysia. But building a large scale rail project is different. We have not gone into that field but we will experience it with this small project in Bristol," said Yeoh.

Posted by Victor Yong > 2019-12-07 09:33 | Report Abuse

Ytl is listed in Malaysia and Japan now. It should also list in UK, many big projects in UK :)

Posted by Cnlim > 2019-12-07 09:36 | Report Abuse

Don't waste your time on Ytl group of companies blue Chip becames cheapies wealth destruction directors n relatives having good pay n never take care of minorities share holders

Posted by Cnlim > 2019-12-07 09:40 | Report Abuse

I don't know why the promoter keep promoting this stock? To help small investors to make money or other motives? Be sincere

Posted by Cnlim > 2019-12-07 09:42 | Report Abuse

What is the point of listing in other market when the share cannot perform in our market?

Posted by Victor Yong > 2019-12-07 09:48 | Report Abuse

Cement is improving continuously since the deal was completed.

https://www.mida.gov.my/home/8805/news/ytl-cement-its-position/

Posted by Victor Yong > 2019-12-07 09:49 | Report Abuse

:)

Cement prices may go up by year-end
CORPORATE NEWS
Monday, 16 Sep 2019
By GURMEET KAUR

Big players: YTL had launched a takeover of Lafarge Malaysia in May and now owns a 77% stake in the latter. They control more than half of the cement market.

PETALING JAYA: Cement prices are expected to go up by the end of the year, following early signs of recovery that have come about as a result of the acquisition of Lafarge Malaysia Bhd by YTL Cement Bhd.

Demand for cement is also seen to be picking up in the fourth quarter, as mega-infrastructure projects such as LRT3 and the East Coast Rail Link which have been approved are ready to start work.

According to UOB Kay Hian, based on its channel checks, cement prices could be raised by about 10% in the fourth quarter of 2019 (4Q19) to RM220 per tonne and go up further to RM250 per tonne in 2020 as the price war between players will likely ease as a result of industry consolidation.

YTL had launched a takeover of Lafarge Malaysia in May and now owns a 77% stake in the latter. They control more than half of the cement market.

Following that deal, there was a significant drop in Lafarge Malaysia’s operating cost in its 2Q19 even though cement prices have yet to be revised upwards.

Cement in Malaysia is currently priced at RM190 per tonne. In June this year, cement manufacturers had looked to increase prices of cement by 40%, citing high operating costs. But that decision was reversed after businesses raised concerns over the planned steep price hike.

A marginal price hike on a gradual basis would be more acceptable, according to analysts, given that construction companies were already grappling with cost increases such as from higher electricity tariffs over the past few years.

Back to Lafarge Malaysia, it narrowed its core net loss to RM46.4mil in 2Q19 as compared with RM77.1mil in the same period a year ago after cost declined substantially.

For the April-June period, Lafarge Malaysia’s cost of sales declined by 6.4% quarter-on-quarter (q-o-q) and 13.1% year-on-year (y-o-y). Selling and distribution expenses declined by 19.5% q-o-q and 30.9% y-o-y, while administrative expenses dropped by 12.0% q-o-q and 39.5% y-o-y, UOBKayHian noted in its recent report.

“We expect a gradual price hike to be the next agenda after YTL successfully brings down Lafarge’s operating cost, ” the research firm said.

On the other hand, if prices of cement remain unchanged, the second-half of financial year 2019 (2H19) will be the barometer to measure Lafarge Malaysia’s progress on cost management.

Alliance DBS in a recent report said it expects the company, which is proposing a name change to Malayan Cement Bhd, to further narrow its losses in 2H19 on the back of better cost control.

Analysts also expect the outlook for competitor HUME INDUSTRIES BHD to improve along with better sector prospects as cement demand picks up.

Hume posted a net loss of RM27.87mil in its fourth quarter ended June 30.

If cement prices are raised to RM220 per tonne, they are close to the breakeven point of Hume, according to UOBKayHian.

“For FY20, we have assumed a cement average selling price of RM250 per tonne and we forecast Hume to report earnings of RM38.8mil, ” it added.

Shares in Lafarge Malaysia closed four sen down to RM3.39, while Hume was up four sen to RM1.12 last Friday.

Posted by Victor Yong > 2019-12-07 09:53 | Report Abuse

Malayan Cement to turn around from 2020 — Affin Hwang | The Edge Markets
5 Nov 2019 · The research house said cement price has improved to about RM210 to RM230 per metric tonne in October, from RM190 in September, due to more rational pricing post-consolidation in the industry.

Posted by Good123 > 2019-12-07 09:58 | Report Abuse

who cares about what motive, as long as it is factual supported with facts. surely, ytl has proven its acquisition genius in many deals in the past. lafarge was not the only asset acquired wisely. cement price has improved a lot the deal was done with many mega projects restarted e.g. ECRL, BANDAR MALAYSIA, ETC.

Posted by Good123 > 2019-12-07 10:00 | Report Abuse

investors like me would surely pay attention to ytl as opportunity :)

Posted by Good123 > 2019-12-07 10:42 | Report Abuse

Thank you, victor for your research from.reliable sources e.g. nst, the star, analysts from investment banks, etc

Posted by Good123 > 2019-12-07 10:43 | Report Abuse

all these info from all people willing to share enable investors like me to make better investment decision

Posted by Good123 > 2019-12-07 10:44 | Report Abuse

if I found the info shared not reliable, I will do further research myself :)

Posted by multi530 > 2019-12-09 07:56 | Report Abuse

YTL LAND proposed to pay cash, transfer land and vehicle to ex chairman

Posted by multi530 > 2019-12-09 07:58 | Report Abuse

but nothing for minority shareholder

Posted by multi530 > 2019-12-09 07:59 | Report Abuse

even attend EGM will not entitle to meal voucher

Posted by Victor Yong > 2019-12-09 08:47 | Report Abuse

Corporate Proposals Announced and Pending Completion
As at the date of this report, being the latest practicable date, there are no corporate proposals
announced and pending completion, save for the following: -
(I) On 6 December 2018, YTL Hotels & Properties Sdn Bhd (“Buyer”) entered into a sale
and purchase agreement (“SPA”) with KKH Property Investors, S.L.U. (“Seller”) to
acquire:
(i) 548,000 ordinary shares of EUR1.00 nominal each representing the entire share
capital of SOL HTL Project, S.L.U. (“SOL HTL”), a company incorporated in
Madrid, Spain; and
(ii) Loans owing by SOL HTL to the Seller or its affiliates on completion date.
for an aggregate consideration of EUR220 million (equivalent to RM1,038 million, based
on Bank Negara Malaysia’s published middle rate of EUR1:RM4.7180 as at close of
business on 6 December 2018), which is subject to adjustments (“Proposed Acquisition”).
The Company is also a party to the SPA, namely as the guarantor of the Buyer’s
obligations.
SOL HTL owns a property which will be refurbished and converted into a 200-room
hotel to be operated under the EDITION brand of Marriott International, Inc group
(“Proposed Hotel”). The property is located at Plaza de Celenque no. 2, 28013 Madrid,
Spain, which is registered in the Madrid Property Registry number 4, volume 2879, book
195, folio 1, and with property registration no. 56,167. This property forms part of a
building which also houses Fundación Obra Social y Monte de Piedad de Madrid.
The completed Proposed Hotel will comprise:
(i) the registered plot (finca registral) registered with the Land Registry of Madrid no.
4 (Section 2B), no. 56,167 comprising the plot of land located at Plaza de Celenque
no. 2, 28013 Madrid, Spain and building ownership rights to the building located at
Plaza de Celenque no. 2, 280 Madrid, Spain;
(ii) all easements or other rights appurtenant thereto; and
(iii) all furniture, fixtures and other equipment, fixed assets and inventories as
described in the SPA.
Completion of the Proposed Acquisition will take place after satisfaction of certain
conditions to completion as set out in the SPA, which includes, among others, the
opening of the Proposed Hotel as an EDITION hotel (“Opening Date”). The Opening
Date is targeted for before 31 December 2020.
Subsequently, the parties agreed to amend the SPA to incorporate the right of either
party to terminate the SPA where the conditions to the effectiveness of the SPA as set out
in Section 2.1 of Appendix A to the announcement dated 7 December 2018
(“Effectiveness Conditions”) have not been satisfied or waived, as the case may be, in
accordance with the SPA on or before the last date of any calendar month by giving
written notice to the other party within two business days of such date provided that the
SPA will terminate automatically if the Effectiveness Conditions are not satisfied or
waived, as the case may be, by 31 December 2019.

Posted by Victor Yong > 2019-12-09 08:55 | Report Abuse

https://www.businesstimes.com.sg/companies-markets/starhill-global-reit-extends-kl-mall-leases-lifting-overhang

Posted by Victor Yong > 2019-12-09 08:59 | Report Abuse

https://www.nst.com.my/property/2019/11/537821/starhill-gallery-undergo-transformation

Posted by HowAh > 2019-12-10 17:55 | Report Abuse

Victor... Volume low.... Looks weak... How?

Posted by Victor Yong > 2019-12-10 23:11 | Report Abuse

if u still believe in ytl's future, able to hold before your targeted price, then go ahead. nobody really knows the future. In finance, it is about present value. we can only predict the future value. buying share, gold and other financial instruments involves risk, calculated risk. All the best!

@HowAh Victor... Volume low.... Looks weak... How?

Posted by HowAh > 2019-12-10 23:26 | Report Abuse

Victor , fingers crossed.... Toes crossed.... Eyes crossed :p

Posted by pillay15 > 2019-12-11 14:40 | Report Abuse

Try to pay attention to cnlim. What he says could be true. Don`t waste your time on YTL counters. You will get burnt. Many are reading business news and having a rosy picture. But 95% of the newspapers have their own agenda too. They are paid mercenaries. What the directors say you just have to write. When the Annual Report was sent out for YTL Power and YTL Corp, there was a special write up on Francis Yeoh. Is this necessary? I am certain many have not forgotten how citizen Nades accidentally discovered the fact that our airport departure tax collected includes RM7.00 to pay for subsidising the ECRL, which is partly owned by YTL and partly by Tabung Haji.

Posted by Jerichomy > 2019-12-11 19:50 |

Post removed.Why?

Posted by yongch > 2019-12-13 11:06 | Report Abuse

Good news for UK Election Results!!!!TP1.0!!!!!Shiok!Shiok!!Shiok!!!

Posted by HowAh > 2019-12-13 18:05 | Report Abuse

Still pressing down. Hiaz ... :0

Posted by HowAh > 2019-12-13 18:06 | Report Abuse

Bloody ox

Posted by JacLow > 2019-12-17 16:53 | Report Abuse

Yawn

Posted by Syndicates > 2019-12-17 20:03 | Report Abuse

hsr

Posted by HowAh > 2019-12-18 04:58 | Report Abuse

There's actually 0 mention that ytl will be part of the HSR. It could well be given to others. Share price dropped until like this.... Does it look like they are involved?

Posted by Jonathan Keung > 2019-12-18 05:40 | Report Abuse

CREc { China railway } is a joint developer of BM project. The HSR link with Singapore is part of the revived BM rail project. CREc will be part of the consortium { together with IWC and Ekovest }lobby for the project

Posted by anticonman > 2019-12-18 05:43 | Report Abuse

17-Dec-2019 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 1,555,600 shares on 12-Dec-2019.

Posted by JacLow > 2019-12-18 09:05 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/12/18/bandar-malaysia-to-include-hsr

Posted by l3ryan > 2019-12-18 09:45 | Report Abuse

HSR revive, but YTL did not move, something not right

Posted by singh1 > 2019-12-18 10:54 | Report Abuse

Still need to deal with Singapore. Just wait a little. Once the tenders are called in, surely YTL will participate. Get or not is a different story.

Posted by Dragon88 > 2019-12-18 11:10 | Report Abuse

Chinaman company with no clear direction on how to move forward. The future looks bleak ...

Posted by Newbie917 > 2019-12-18 12:41 | Report Abuse

Don’t think we are back to the old days of overly inflated projects and supernormal profits for vendors (which Malaysia ultimately had to pay for). Malaysians are suffering high cost of living due to legacy price controls and monopolies which need to be broke. If prices are to fall - something has to give https://www.malaymail.com/news/malaysia/2019/12/18/world-bank-economist-malaysia-needs-policy-review-to-address-disconnect-bet/1820219

If YTL do win part of HSR they will make significantly less than previously planned. People in this forum are still believing government contracts will save YTL.

Posted by Newbie917 > 2019-12-18 12:53 | Report Abuse

Compare the cost of KLIA express ticket price to purchasing a HSR train ticket in China. There is no comparison in cost.

Posted by takashi86 > 2019-12-19 16:09 | Report Abuse

As usual...hanky panky...normal trend tongo south now...francis...francis...may the patient one bear the fruit

Posted by Lam John > 2019-12-19 16:11 | Report Abuse

Still not to let move fund from here to ytlreit

Posted by Lam John > 2019-12-19 16:14 | Report Abuse

If you still loyal to YTL group share, ytlreit still the only one won't frustrated you

Posted by Lam John > 2019-12-19 16:14 | Report Abuse

Not to late

Posted by freddiehero > 2019-12-19 16:17 | Report Abuse

u r tire oledi..

Posted by freddiehero > 2019-12-19 16:17 | Report Abuse

lets break 0.50

Posted by KaahHeng > 2019-12-19 16:27 | Report Abuse

What happen again?? The price keep dropping without main or specific reasons.

Posted by KaahHeng > 2019-12-19 16:29 | Report Abuse

Ytl management is also like don’t care about it...

Posted by skybursa > 2019-12-19 19:18 | Report Abuse

Sudden drop. Lucky I bought YTLPOWR at 68 & not the mother ytl Corp.

Posted by icedvestor > 2019-12-19 19:23 | Report Abuse

what's with the special issue announcement

Posted by Victor Yong > 2019-12-20 14:59 | Report Abuse

:)

Construction - Reviving HSR
Author: HLInvest | Publish date: Wed, 18 Dec 2019, 12:00 PM

According to The Edge, PM Tun M stated that the Government intends to revive the HSR but costs must be trimmed down. Previously awarded PDP roles were given to MRCB-Gamuda and YTL-TH Properties and will likely remain frontrunners. The revival of HSR would serve as a rerating catalyst for the sector. We are likely to turn bullish should anything more concrete regarding the project turn up. For the time being absent of further details and clarity on timeline, we maintain our NEUTRAL stance.

NEWSBREAK
HSR comeback. According to The Edge, PM Mahathir during the signing ceremony for Bandar Malaysia (RM140bn) stated that Government intends to revive Kuala Singapore High Speed Rail (HSR). However, further adjustments must be made to trim down the costs potentially through downscaling as well as reducing its specifications (slower trains). Bandar Malaysia is also slated to house one HSR station serving as a transportation hub.

HLIB’s VIEW
Timeline recap. In Sept 2018, Dato’ Seri Mohamed Azmin Ali said at a media conference Malaysia and Singapore have agreed to defer the construction of the HSR with deferment period lasting through to May 2020. Subsequently, technical and commercial advisory consultants have been appointed with findings to be concluded by Dec 2019. According to news reports, Malaysia may have incurred up to RM500m in penalties if the project is officially cancelled with the Singaporean side having spent c.SGD250m up to Sep 2018.

Project description. The previous alignment of the HSR spanned 350km from Singapore to KL with 8 stations at Jurong East, Iskandar Puteri, Batu Pahat, Muar, Ayer Keroh, Seremban, Putrajaya and Bandar Malaysia. Based on the old alignment, HSR was divided into two stretches with the northern portion covering Melaka, Negeri Sembilan and Klang Valley while southern stretch will be in Johor. Originally, HSR was touted to cost RM110bn with a construction period of 6 years. Infra works for the Malaysia stretch were projected at RM40bn which would roughly be split equally between the northern and southern sections. Roughly 60 civil works packages were expected to be awarded previously.

Potential beneficiaries. Under the previous regime, PDP roles were awarded with northern portion (Bandar Malaysia station to Melaka station) secured by MRCB Gamuda JV and southern portion (Johor) was clinched by YTL-TH Properties JV. While we reckon previous PDP winners remain frontrunners to secure contracts, we believe IJM (HOLD; TP:RM2.22) and Suncon (BUY; TP:RM2.30) will emerge as stronger contenders this time around as both have strong financial capacity and should materially benefit from a shift towards an open tender system. Recall that IJM and Suncon previously formed a four party consortium including Jalinan Rejang Sdn Bhd and Maltimur Resources Sdn Bhd to participate in PDP tenders that were ultimately unsuccessful. While it is still too early to try and pin point the potential work package winners, we expect the usual active construction players such as IJM, SunCon, WCT, AQRS, TRC, Ahmad Zaki, Mudajaya, MRCB and Gadang to actively bid for a slice of the pie.

Maintain NEUTRAL. The revival of HSR would serve as a rerating catalyst for the sector. We are likely to turn bullish should anything more concrete regarding the project turn up. For the time being absent of further details and timeline clarity, we maintain our NEUTRAL stance.




Source: Hong Leong Investment Bank Research - 18 Dec 2019