Posted by Victor Yong > 2020-01-02 15:32 | Report Abuse

ytl is much more better with dividend, etc :)

penny stock, hohup also recovered to 51.5sen today, never pay dividend also, 52 Weeks Range: 0.305 - 0.695 :)

Posted by Victor Yong > 2020-01-02 15:33 | Report Abuse

IJM also recovered to RM2.17 today, 52 Weeks Range: 1.58 - 2.51

YTL should rebound stronger too :)

Posted by Victor Yong > 2020-01-02 15:45 | Report Abuse

sunway also recovered to RM1.81 today , much lower dividend yield than ytl also, 52 Weeks Range: 1.46 - 1.84 :)

Posted by Tedinvestor > 2020-01-02 15:53 | Report Abuse

On the way to 2.00. Enjoy the ride buddies. A new year gifts from Yeoh family

Posted by Tedinvestor > 2020-01-02 15:55 | Report Abuse

Once YTLPOWR sign the financial package for Jati power station, I strongly believed the rally will continue upward.
YTLPOWR contributed most of the profits to ytl.

Posted by JacLow > 2020-01-02 15:56 | Report Abuse

https://www.theedgemarkets.com/article/ytl-likely-be-winner-if-hsr-project-revived

News by May2020

Posted by Victor Yong > 2020-01-02 16:01 | Report Abuse

probably, francis/ytl will buyback till the price is between RM1.1 and RM1.2 at least, fingers crossed :)

Posted by Victor Yong > 2020-01-02 16:35 | Report Abuse

foresee 1.1 to 1.2 within this month, probably this week :)

Posted by Victor Yong > 2020-01-02 16:38 | Report Abuse

generous blessing from ytl :) continuous

Posted by Victor Yong > 2020-01-02 16:53 | Report Abuse

good show today, risen to 1.03, tomorrow, it could exceed RM1.1 , fingers crossed :)

Posted by freddiehero > 2020-01-02 16:59 | Report Abuse

rili rich company..

Posted by freddiehero > 2020-01-02 16:59 | Report Abuse

weldone!

Posted by freddiehero > 2020-01-02 17:00 | Report Abuse

rili strong recomend...

Posted by Good123 > 2020-01-03 07:10 | Report Abuse

Teng also expects large-cap stocks in general to outperform small caps next year as their prices have fallen quite a bit in 2019. Going forward, the key risks for the local market will be the ongoing trade war and upcoming US presidential election.
“The US-China conflict may continue to weigh on markets, even if a phase-one deal is likely to be signed. It is not a done deal and there are structural challenges involving sovereignty, intellectual property and technology transfer that have yet to be solved,” he says.
“The 2020 US presidential election will be a key event for investors to monitor. Trump may face possible stiff competition from billionaire Michael Bloomberg, who threw his hat into the ring for the Democratic presidential race. His political credentials as a former mayor as well as a moderate alternative to other more liberal candidates may shore up his appeal and bridge the divide.”

Posted by Victor Yong > 2020-01-03 07:36 | Report Abuse

The progress is ongoing :


Thursday, 2 Jan 2020

5:20PM YTL 8,991,900 shares purchased into treasury

5:20PM YTL 68,100 shares purchased into treasury



Tuesday, 31 Dec 2019

5:16PM YTL 11,380,000 shares purchased into treasury



Monday, 30 Dec 2019

5:38PM YTL 4,370,000 shares purchased into treasury



Friday, 27 Dec 2019

5:42PM YTL 187,900 shares purchased into treasury



Thursday, 26 Dec 2019

5:23PM YTL 3,204,000 shares purchased into treasury




Tuesday, 24 Dec 2019

5:53PM YTL 3,600,000 shares purchased into treasury



Monday, 23 Dec 2019

5:31PM YTL 2,000,000 shares purchased into treasury

Posted by Victor Yong > 2020-01-03 07:38 | Report Abuse

History -DIRECT BIZ TRANSACTIONS IN 2019, QUITE A LOT ALSO :P


Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks

13/06/2019 00:00:00 1.1300 - 901,500 901,500 1.019m 1.019m 1.1300 0.0083 -
25/04/2019 00:00:00 1.2200 - 48.400m 193.589m 59.048m 236.179m 1.2200 0.4436 -
25/04/2019 00:00:00 1.2200 - 50.000m 193.589m 61.000m 236.179m 1.2200 0.4583 -
25/04/2019 00:00:00 1.2200 - 50.000m 193.589m 61.000m 236.179m 1.2200 0.4583 -
25/04/2019 00:00:00 1.2200 - 45.189m 193.589m 55.131m 236.179m 1.2200 0.4142 -
17/04/2019 00:00:00 1.0850 -0.1350 60.000m 296.626m 65.100m 321.839m 1.0850 0.5499 -
17/04/2019 00:00:00 1.0850 -0.1350 60.000m 296.626m 65.100m 321.839m 1.0850 0.5499 -
17/04/2019 00:00:00 1.0850 -0.1350 38.269m 296.626m 41.522m 321.839m 1.0850 0.3508 -
17/04/2019 00:00:00 1.0850 -0.1350 21.731m 296.626m 23.578m 321.839m 1.0850 0.1992 -
17/04/2019 00:00:00 1.0850 -0.1350 60.000m 296.626m 65.100m 321.839m 1.0850 0.5499 -
17/04/2019 00:00:00 1.0850 -0.1350 56.626m 296.626m 61.439m 321.839m 1.0850 0.5190 -
07/03/2019 00:00:00 1.0900 0.0700 970,292 970,292 1.058m 1.058m 1.0900 0.0089 -
01/03/2019 00:00:00 1.0500 -0.0100 54.726m 54.726m 57.462m 57.462m 1.0500 0.5016 -

Posted by Victor Yong > 2020-01-03 07:40 | Report Abuse

:)

YTL: We gave internet for free, but MOE chose to pay others
https://www.malaysiakini.com/news/482212
3 Jul 2019 ... YTL Communications Sdn Bhd has alleged that the Education .... Anything the IDIOT Maslee do must be Rubbish....so I have to side YTL on this ...

Posted by Victor Yong > 2020-01-03 09:47 | Report Abuse

ytl has RM12bil+ cash, market cap only RM11bil+, quite interesting :)

Posted by Victor Yong > 2020-01-03 10:00 | Report Abuse

:)

JOHOR BAHRU, Malaysia (Reuters) - A railway line linking Malaysia’s southern state of Johor with Singapore will go ahead after the projected cost was cut by a third, Malaysia’s Prime Minister Mahathir Mohamad said on Thursday, ending months of uncertainty over the delayed project.

Malaysian Prime Minister looks at a press release in a news conference to announce a railway project in Johor Bahru, Malaysia October 31, 2019. REUTERS/Angie Teo
The Rapid Transit System Link, which will bridge one of the world’s busiest border crossings, can carry up to 10,000 passengers an hour each way - more than 30 times the capacity of the existing train service.

The project will cost 3.16 billion ringgit ($757 million), down from 4.93 billion ringgit under the original proposal, a reduction of 36%, Mahathir said.

“We will build this railway, the agreement has been made. Half will be built by Singapore, the other half will be built by us,” Mahathir told reporters at the Malaysia-Singapore border.

“The details will be discussed with Singapore.”

Singapore’s transport ministry said it welcomed Malaysia’s decision.

“Both sides are now discussing the changes to the project, which Malaysia is proposing in order to reduce the project cost ... the discussions will take some time,” the ministry said in a statement.

The train project was originally suspended in May as Malaysia, saddled with more than $200 billion in debt, reassessed projects agreed under the previous administration. A further delay was agreed last month.

The Southeast Asian neighbors last year scrapped a high-speed rail project linking Singapore to the Malaysian capital Kuala Lumpur, which analysts estimated would cost around $17 billion.

Tensions often run high between Malaysia and Singapore, and Mahathir took a swipe at the city-state for not agreeing to a new road bridge between the two countries that he believes is the solution to congestion.

An estimated 300,000 people travel along the main highway between Johor and Singapore every day, the primary crossing between two countries, which separated from each other in 1965.

Singapore relies on Malaysia for around half of its fresh water and Mahathir threatened to increase the price.

“We are willing to sacrifice our money to support Singapore so that they can buy cheap water for themselves, but when we want to build a bridge to solve the traffic problem, they refuse,” he said.

“I don’t see why we are accommodating to Singapore when they’re not accommodating to us.”

Reporting by Fathin Ungku; Additional reporting by Aradhana Aravindan; Writing by Joe Brock; Editing by Hugh Lawson

Posted by yongch > 2020-01-03 10:20 | Report Abuse

GOOD NEWS!!!!Sohai black & white shoe Dr.M balik kampong!!!!This is very important & definitely GOOD News for yeoh's power !!!!It's definitely help to continues YES with Govt School projects!!!!TP1.30!!!!It time to buy buy more n more...no wonder internal all kaki keep acquired !!!!TP1.30!!!!!Heng Ah!Ong Ah!!Huat Ah!!!!TP1.30!!!!!!importantly mother hold more power shares .....TP1.30!!!!!kikikiki...

Posted by Victor Yong > 2020-01-03 11:31 | Report Abuse

On 5 September 2018, after meetings, Singapore and Malaysia have formally agreed to postpone the construction of the KL-Singapore High-Speed Rail until end-May 2020, with Malaysia having to pay Singapore S$15 million for costs incurred in suspending the project before the end of January 2019. In a joint statement, both nations also announced the HSR express service will be delayed until January 2031 instead of the original December 2026. A new agreement was signed by Malaysia's Economic Affairs Minister Azmin Ali and Singapore's Transport Minister Khaw Boon Wan at the Prime Minister's Office in Putrajaya on Wednesday afternoon.[4][33] Malaysia has since informed Singapore on 31 January 2019 that it has remitted S$15 million in abortive costs.[34]

Posted by Victor Yong > 2020-01-03 11:43 | Report Abuse

subsi's share price has risen too :)

Recent Prices -ytlpower
Date Open Range Close Change Volume
02/01/2020 0.77 0.77 - 0.815 0.81 +0.04 (5.19%) 15,552,400
31/12/2019 0.765 0.76 - 0.78 0.77 +0.005 (0.65%) 6,429,200
30/12/2019 0.77 0.75 - 0.78 0.765 -0.005 (0.65%) 9,279,600
27/12/2019 0.745 0.74 - 0.77 0.77 +0.03 (4.05%) 7,008,300
26/12/2019 0.735 0.735 - 0.75 0.74 0.00 (0.00%) 2,691,200
24/12/2019 0.72 0.72 - 0.74 0.74 +0.02 (2.78%) 2,160,500
23/12/2019 0.73 0.715 - 0.73 0.72 -0.01 (1.37%) 4,422,700
20/12/2019 0.735 0.73 - 0.745 0.73 0.00 (0.00%) 6,029,800
19/12/2019 0.71 0.705 - 0.74 0.73 +0.02 (2.82%) 12,454,300
18/12/2019 0.705 0.705 - 0.72 0.71 +0.005 (0.71%) 5,058,400
17/12/2019 0.70 0.70 - 0.71 0.705 +0.005 (0.71%) 5,522,200
16/12/2019 0.695 0.69 - 0.705 0.70 +0.01 (1.45%) 3,434,500
13/12/2019 0.69 0.685 - 0.695 0.69 +0.005 (0.73%) 5,555,300
12/12/2019 0.69 0.685 - 0.695 0.685 -0.005 (0.72%) 1,428,200

Posted by Victor Yong > 2020-01-03 11:45 | Report Abuse

subsi's share price continues to rise :)

Recent Prices ytl reits

Date Open Range Close Change Volume
02/01/2020 1.37 1.36 - 1.37 1.37 +0.01 (0.74%) 205,900
31/12/2019 1.35 1.35 - 1.36 1.36 0.00 (0.00%) 360,800
30/12/2019 1.36 1.34 - 1.36 1.36 +0.01 (0.74%) 166,800
27/12/2019 1.36 1.35 - 1.37 1.35 -0.01 (0.74%) 340,600
26/12/2019 1.37 1.36 - 1.37 1.36 -0.01 (0.73%) 65,500
24/12/2019 1.36 1.36 - 1.37 1.37 0.00 (0.00%) 813,100
23/12/2019 1.37 1.36 - 1.37 1.37 0.00 (0.00%) 205,500
20/12/2019 1.37 1.36 - 1.37 1.37 0.00 (0.00%) 168,300
19/12/2019 1.36 1.36 - 1.37 1.37 0.00 (0.00%) 103,800
18/12/2019 1.37 1.36 - 1.37 1.37 0.00 (0.00%) 758,400
17/12/2019 1.34 1.34 - 1.37 1.37 +0.01 (0.74%) 689,700
16/12/2019 1.36 1.34 - 1.36 1.36 +0.01 (0.74%) 337,900
13/12/2019 1.33 1.33 - 1.36 1.35 0.00 (0.00%) 379,900
12/12/2019 1.34 1.33 - 1.35 1.35 +0.02 (1.50%) 210,300
11/12/2019 1.32 1.32 - 1.36 1.33 0.00 (0.00%) 535,800
10/12/2019 1.33 1.33 - 1.34 1.33 -0.01 (0.75%) 2,151,300
09/12/2019 1.33 1.33 - 1.34 1.34 +0.03 (2.29%) 1,130,200
06/12/2019 1.34 1.33 - 1.35 1.33 0.00 (0.00%) 222,600

Posted by Victor Yong > 2020-01-03 12:07 | Report Abuse

today is friday, last trading day of the week. whether the strongest share buyback by ytl today, wait n see :)

Posted by Good123 > 2020-01-03 13:19 | Report Abuse

4months from today already may 2020


Potential revival of HSR seen as catalyst for YTL
10 APR 2019 / 20:14 H.

PETALING JAYA: A potential revival of the Kuala Lumpur-Singapore High Speed Rail (HSR) project is a catalyst for YTL Corp Bhd’s construction division, according to MIDF Research.

It said construction currently accounts for 3% of YTL’s pretax earnings, while its construction earnings has seen progressive improvement in recent quarters given progress in the Gemas-Johor Baru double tracking project.

It was reported that Malaysia was exploring proposals to reduce cost of the HSR project, which could mean a potential revival of the project.

YTL was previously appointed as one of two project delivery partners (PDP) for the now deferred HSR project. YTL submitted a bid for the role via a 70:30 joint venture with TH Properties Sdn Bhd (YTL-THP).

The other consortium appointed for the PDP role previously was Malaysian Resources Corp Bhd-Gamuda Bhd (50:50). YTL-THP was selected for the Southern portion of the alignment (Johor portion) and MRCB-Gamuda for the Northern portion (KL to state border of Malacca-Johor).

Moreover, previously reported contenders for the now deferred HSR project were Gamuda, IJM and Naza’s respective consortiums.

“A drag however, comes from weak Power Seraya performance given the continued overcapacity situation in Singapore power generation. Hyflux’s woes could be a blessing in disguise as it could mean the elimination of excess capacity should there be a dismantling gas supply agreements to Hyflux’s plants as part of its restructuring, if any. Other than Singapore power, there continues to be concerns surrounding the 1Bestari project, expected to expire mid-2019, which will be re-tendered out,“ MIDF cautioned.

However, the research house said YTL is backed by a solid track record given involvement in the construction and operation of the RM2.4 billion Express Rail Link project which was also one of the cheapest that has been rolled out nearly two decades ago at just RM42 million/km.

YTL’s order book is estimated at RM8 billion comprising mainly the Gemas-Johor Baru double tracking project which was not impacted by the Pakatan Harapan government’s review of infrastructure projects in the past eight months.

The construction of YTL Power’s Tanjung Jati coal power plant in Indonesia was supposed to add an estimated RM4 billion, but progress on the financial close of this project has been delayed, presumably given the upcoming Indonesian elections.

MIDF maintained its “neutral” call on YTL for the meantime at an unchanged target price of RM1.15 a share. Key catalysts for a review of its call include progress in Tg Jati power plant project, improvement in Seraya earnings, and potential revival of the HSR project.

Posted by Good123 > 2020-01-03 13:41 | Report Abuse

The volume traded till now today was 4mil+, expecting more action in the 2nd half , 2.30 to 5 PM :)

Date Close Volume
02/01/2020 1.03 11,219,400
31/12/2019 0.98 22,873,000
30/12/2019 0.95 7,716,000
27/12/2019 0.90 10,924,800
26/12/2019 0.875 12,159,200
24/12/2019 0.85 7,553,900
23/12/2019 0.84 8,025,700
20/12/2019 0.845 10,835,000
19/12/2019 0.835 10,297,600

Posted by Good123 > 2020-01-03 13:43 | Report Abuse

(Jan 3): Stocks in Asia were primed for gains on Friday after a strong start to the year lifted U.S. equities to fresh all-time highs. Treasuries and the dollar rose.
Futures indicated gains for equities in Hong Kong and Australia. The S

Posted by takashi86 > 2020-01-03 14:44 | Report Abuse

Merely depend on sbb?

Yeoh family is doing biz, not charity.

Unless smtg good happen, or else sbb stop, share price drop.

Is a trend from my past experience for this few years

Posted by stocksyndicate > 2020-01-03 17:50 |

Post removed.Why?

Posted by stocksyndicate > 2020-01-03 17:54 | Report Abuse

The mother ytl already trading at PE 75 while it little brother ytlpower at 17 times. I guess it turns for ytlpower to play some catch up. MAYBANK own by Malaysian government also heavily supported by government controlled institutions. No at all companies in bursa had huge cash reserves in billions.

Posted by Victor Yong > 2020-01-04 09:54 | Report Abuse

KL-Singapore HSR to go ahead after 'some adjustments', says Dr Mahathir | The Edge ...
17 Dec 2019 · "Yes it will have the HSR station, although we have not decided on the ... We hope they will participate with more than 30%," he said.

Posted by Victor Yong > 2020-01-04 21:16 | Report Abuse

A share buyback occurs when a company purchases some of its shares in the open market and retires these outstanding shares. This can be a great thing for shareholders because after the share buyback, they each will own a bigger portion of the company, and therefore a bigger portion of its cash flow and earnings.

Posted by Victor Yong > 2020-01-04 21:20 | Report Abuse

How Does a "Buyback" Work?


Boost in Share Prices
When the economy is faltering, share prices can plummet as a result of weaker than expected earnings among other factors. In this event, a company will pursue a buyback program since it believes that company shares are undervalued.

Companies will choose to repurchase shares and then resell them in the open market once the price increase to accurately reflect the value of the company. When earnings per share increases, the market will perceive this positively and share prices will increase after buybacks are announced. This often comes down to simple supply and demand. When there is a less available supply of shares, then an upward demand will boost share prices.

Tax Benefits
When excess cash is used to repurchase company stock, instead of increasing dividend payments, shareholders have the opportunity to defer capital gains if share prices increase. Traditionally, buybacks are taxed at a capital gains tax rate, whereas dividends are subject to ordinary income tax. If the stock has been held for more than one year, the gains would be subject to a lower capital gains rate.

Excess Cash
When companies pursue buyback programs, this demonstrates to investors that the company has additional cash on hand. If a company has excess cash, then at worst the investors do not need to worry about cash flow problems. More importantly, it signals to investors that the company feels cash is better used to reimburse shareholders than reinvest alternative assets. In essence, this supports the price of the stock and provides long-term security for investors.

Posted by Victor Yong > 2020-01-04 21:22 | Report Abuse

Buybacks

By TREVIR I NATH
Updated Mar 26, 2019

Ultimately, highly successful companies reach a position where they are generating more cash than they can reasonably reinvest in the business. The financial crisis has caused investors to pressure companies to distribute the accumulated wealth back to shareholders.

Typically, companies can return wealth to shareholders through stock price appreciations, dividends, or stock buybacks. In the past, dividends were the most common form of wealth distribution. However, as Corporate America becomes more progressive and flexible, a fundamental shift has occurred in the way companies deploy capital. Instead of traditional dividend payments, buybacks have been viewed as a flexible practice of returning excess cash flow. Buybacks can be seen as an efficient way to put money back into its shareholders' pockets, as demonstrated by Apple’s (AAPL) capital return programs.


The Basics of Buybacks
In recent history, leading companies have adopted a regular buyback strategy to return all excess cash to shareholders. By definition, stock repurchasing allows companies to reinvest in themselves by reducing the number of outstanding shares on the market. Typically, buybacks are carried out on the open market, similarly to how investors purchase stocks. While there has been a clear shift in wealth distribution of dividends to stock repurchasing, this doesn’t mean a company cannot pursue both.

Apple investors have grown to prefer buybacks since they have the choice of whether or not to partake in the repurchase program. By not participating in a share buyback, investors can defer taxes and turn their shares into future gains. From a financial perspective, buybacks benefit investors by improving shareholder value, increasing share prices and creating tax beneficial opportunities.


Improved Shareholder Value
There are many ways profitable companies can measure the success of its stocks. However, the most common measurement is earnings per share (EPS). Earnings per share are typically viewed as the single most important variable in determining share prices. It is the portion of a company’s profit allocated to each outstanding share of common stock.

When companies pursue share buyback, they will essentially reduce the assets on their balance sheets and increase their return on assets. Likewise, by reducing the number of outstanding shares and maintaining the same level of profitability, EPS will increase. For shareholders who do not sell their shares, they now have a higher percent of ownership of the company’s shares and a higher price per share. Those who do choose to sell have done so at a price they were willing to sell at.

Posted by Victor Yong > 2020-01-04 21:48 | Report Abuse

https://www.theedgemarkets.com/article/ytl-tells-its-side-story-why-its-no-longer-isp-malaysian-schools

Posted by Victor Yong > 2020-01-06 08:51 | Report Abuse

More to come :)

4677 YTL YTL CORPORATION BHD
Immediate Announcement on Shares Buy Back
Date of Buy Back : 03/01/2020
Description of Shares Purchased : Ordinary Shares
No. of Shares Purchased : 190,000 shares
Minimum Price Paid For Each Share Purchased : RM 0.995
Maximum Price Paid For Each Share Purchased : RM 1.030
Total Consideration Paid : RM 192,658.76
No. of Shares Purchased Retained in Treasury : 190,000 shares
No. of Shares Which Are Proposed To Be Cancelled : 0 shares
Cumulative Net Outstanding Treasury Shares As At To-Date : 366,862,418 shares
Adjusted Issued Capital After Cancellation : 11,019,882,843
Date Lodged With Registrar of Company :
Lodged By :
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:

03/01/2020 07:00 AM


Ref Code: 202001034700208

Posted by Victor Yong > 2020-01-06 09:07 | Report Abuse

Ytl is learning share buyback from FB :)

Why Investors Should Cheer Facebook's Stock Buyback
With shares down nearly 40%, Facebook wants to get more aggressive with its stock buybacks.

Daniel Sparks(TMFDanielSparks)
Dec 9, 2018 at 6:33PM
On Friday, social network Facebook (NASDAQ:FB) surprised investors when it announced a major expansion to the amount of money its board has authorized for share repurchases. The increased share-repurchase program reflects management's confidence in Facebook's business and highlights how much cheaper shares have become recently.

Facebook shareholders, in particular, should be pleased with the company's timely and opportunistic increase to its repurchase program.

Facebook CEO Mark Zuckerberg presents 10-year plan at F8 conference in 2016
FACEBOOK CEO MARK ZUCKERBERG. IMAGE SOURCE: FACEBOOK.

Ramping up
In an SEC filing published on Friday, Facebook said its board of directors has approved a $9 billion increase to its share repurchase program. This repurchase authorization adds to the $15 billion program the company commenced last year.

"The repurchase program does not have an expiration date, and the timing and actual number of shares repurchased depend on a variety of factors," Facebook said in the filing, "including price, general business and market conditions, and other investment opportunities."

The $9 billion authorization comes after shares have fallen 37% since hitting an all-time high this summer. While the social network has certainly faced a number of challenges recently, including decelerating growth and several high-profile security issues, the stock's sell-off may have gone too far. A repurchase program, therefore, takes advantage of the stock's lower price.

Highlighting just how much cheaper Facebook stock is now than it was this summer, the company's price-to-free cash flow ratio has fallen from about 37 in July to 23 today. That's why it's unsurprising that Facebook's board of directors wants to be more aggressive with its share repurchases -- and investors should cheer the board's willingness to be opportunistic.

This could be just the beginning
Fortunately for Facebook shareholders, the social network can easily afford a $9 billion increase to its share repurchase program. Facebook has generated $17.5 billion of free cash flow in the trailing 12 months alone. In addition, the social network ended its most recent quarter with $42.2 billion of cash, cash equivalents, and marketable securities.

Facebook was already ramping up its repurchases before this announcement. The company spent $4.3 billion repurchasing stock in its third quarter, up from $3.2 billion in Q2. If Facebook stock continues to trade at these suppressed levels and the company keeps repurchasing shares aggressively, another repurchase program expansion could come as early as next year.

10 stocks we like better than Facebook

When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*

David and Tom just revealed what they believe are the ten best stocks for investors to buy right now… and Facebook wasn't one of them! That's right -- they think these 10 stocks are even better buys.

Posted by Victor Yong > 2020-01-06 09:09 | Report Abuse

Ytl is implement similar strategy in share buyback :)

FB 3-Year Average Share Buyback Ratio | Facebook - GuruFocus.com
FB has a 3-Year Average Share Buyback Ratio of - 0.80 as of today(2020-01-04). In depth view into Facebook 3-Year Average Share Buyback Ratio ...
Imagehttps://www.reuters.com › article
Facebook to buy back additional $9 billion of shares - Reuters
7 Dec 2018 · Facebook to buy back additional $9 billion of shares. ... The social media giant's shares, which have tumbled more than 22 percent this year, rose nearly 1 percent in extended trading. The new program is in addition to a share buyback plan of up to $15 billion announced by the company last year.

Posted by Victor Yong > 2020-01-06 10:08 | Report Abuse

Revived Bandar Malaysia project to include a High Speed Rail station, says PM Mahathir

(
THE STAR/ASIA NEWS NETWORK
Dec 18, 2019
PUTRAJAYA - The revived Bandar Malaysia project would house a Kuala Lumpur-Singapore High-Speed Rail (HSR) station, Prime Minister Mahathir Mohamad said on Tuesday (Dec 17).

Tun Dr Mahathir said although Malaysia and Singapore have yet to finalise details on the stalled HSR project, it would definitely have a stop in Bandar Malaysia.

"We have not decided on the HSR project itself, but yes, it (Bandar Malaysia) will have an HSR station," he said at a press conference after witnessing the signing of the Bandar Malaysia agreement at the Putrajaya International Convention Centre.

Posted by Victor Yong > 2020-01-06 10:12 | Report Abuse

Buy below rm1, share buyback even above rm1, ytl won't let the price below rm1 again especially HSR restart is approaching , fingers crossed

Posted by Victor Yong > 2020-01-06 10:24 | Report Abuse

YTL Corp — Taking control of rival Lafarge Malaysia

YTL Corp Bhd sprung a surprise last year when it took up a controlling stake in rival Lafarge Malaysia Bhd via its 98%-owned YTL Cement Sdn Bhd.

Starting with a 51% stake buy for RM1.63 billion or RM3.75 per share from Swiss cement giant LafargeHolcim Ltd, which was seeking to exit the Malaysian market, YTL Cement ended up with a 76.98% stake in Lafarge Malaysia following the end of the mandatory general offer it had to extend for the rest of the shares it did not own in the target company.

All in, YTL Cement spent RM2.46 billion on the deal.

The acquisition, completed in June, made YTL Group the country’s largest cement maker today, with a market share of around 58%, which dwarfs the No 2 player’s 9%. The move was viewed positively as the consolidation is expected to allow the enlarged group to command higher pricing power in a market dogged by overcapacity.

Interestingly, at an extraordinary general meeting (EGM) three months later, Lafarge Malaysia’s minority shareholders blocked a resolution that would have allowed the company to undertake several recurrent related party transactions with its new controlling shareholder, YTL Cement, worth an aggregate RM3.51 billion.

These transactions, which include the sale and purchase of materials such as clinker, cement, pulverised fly ash, slag, dry mix, aggregates, and the manufacturing of sand, were deemed necessary for the day-to-day operations of Lafarge Malaysia, and part of its ordinary course of business.

Lafarge Malaysia — now renamed Malayan Cement Bhd — is now seeking shareholders’ mandate for new RPTs worth a smaller aggregate sum of RM1.87 billion with YTL Cement, at another EGM scheduled for Jan 23.

Posted by Victor Yong > 2020-01-06 10:39 | Report Abuse

A major boost to ytl's share price if approved. Ytl should have convinced the substantial shareholder s already by now :)

Lafarge Malaysia — now renamed Malayan Cement Bhd — is now seeking shareholders’ mandate for new RPTs worth a smaller aggregate sum of RM1.87 billion with YTL Cement, at another EGM scheduled for Jan 23.

Posted by Victor Yong > 2020-01-06 11:52 | Report Abuse

For the construction stocks to climb further, investors will be watching out for earnings catalysts from new contract wins. In particular, the companies will be eyeing to replenish their order books from the slew of potential infrastructure projects in the pipeline.

A closer look at the list of potential major infrastructure projects reveals that the timing of commencement for most of them will likely lean towards the second half of 2020. This includes the possible revival of the Kuala Lumpur-Singapore High Speed Rail project — with a decision due to be made by May 2020 — and Mass Rapid Transit 3, possibly towards year end as the government may want to space out the infrastructure spending spree due to its tight fiscal constraints. While there may be initial knee-jerk share price movements in response to any news flows on the relaunching of these megaprojects, given the typical time lag before the actual construction packages are awarded on an open tender basis, it will be a guessing game initially to identify the potential beneficiaries with any meaningful earnings impact expected to be felt starting from two to three years later.

Nonetheless, one major project that is slated to kick off as early as January this year is the Penang Transport Master Plan (PTMP). The signing of the agreement between the Penang state government and SRS Consortium is scheduled to take place soon under a project delivery partner structure. PTMP consists of three key components — the RM8.4b Light Rail Transit (LRT) project, the RM7.5b Pan Island Link highway and the RM16 billion reclamation of three south islands, with physical works likely to start in the second half of 2020. This is expected to benefit Gamuda, which has a 60% interest in SRS Consortium.

Posted by takashi86 > 2020-01-06 14:06 | Report Abuse

As mentioney earlier, sbb stop share price drop

Sbb cant go on forever unless u r Nestle or FB with so much money dunno wat else to do, ytl mostly in infra, which nid huge capital to run the show.

Lol...oso, when hard promoter comment, oso make share drop

Posted by Good123 > 2020-01-06 14:50 | Report Abuse

not selling, waiting for mcement to report profit, ytl obtains back HSR project, etc

Posted by Victor Yong > 2020-01-06 18:07 | Report Abuse

Ya lah, continuous buyback :)

Notice of Shares Buy Back by a Company Pursuant to Section 127 (16) of CA 2016
YTL CORPORATION BERHAD

Date of buy back from 30 Dec 2019
Date of buy back to 03 Jan 2020
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 16,008,100
Minimum price paid for each share purchased ($$) 0.905
Maximum price paid for each share purchased ($$) 1.040
Total amount paid for shares purchased ($$) 15,435,563.00
The name of the stock exchange through which the shares were purchased Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units) 16,008,100
Total number of shares retained in treasury (units) 366,862,418
Number of shares purchased which were cancelled (units) 0
Total issued capital as diminished
Date of Notice 06 Jan 2020
Date lodged with registrar of companies 06 Jan 2020

Posted by Victor Yong > 2020-01-06 18:16 | Report Abuse

HSR is approaching, due date is may 2020... it shall earlier than that date. otherwise, malaysia must pay further compensation to singapore :)


The new government decided to postpone the HSR project until May 2020, reduce the scale of LRT3 as well as renegotiate contracts for MRT2 with MMC-Gamuda. The cost of the ECRL was also reduced from the original RM65.5 billion as the link was realigned.

The reviews also unveiled payment irregularities in the TSGP and MPP projects, as RM8.3 billion or 88% of the RM9.4 billion contract value had been paid out, even though only 13% of the work had been completed.

The projects have since been scrapped, although negotiations are still ongoing between the government and the parties involved.

Critics continue to question the viability of some of the infrastructure projects and their benefit to Malaysia. For instance, Economic Action Council member Prof Dr Jomo Kwame Sundaram has voiced concern that the costly ECRL is not viable for Malaysia, especially when the government is short of funds at present.

Others contend that Malaysia’s reputation as a stable and attractive investment destination is at stake and that the government ought not lightly terminate contracts that have already been awarded by the previous administration.

Posted by Good123 > 2020-01-06 18:46 | Report Abuse

interesting, mcement's egm to approve related party transactions this month, hsr to be finalized by may 2020, turnaround of mcement and many more that could boost its share price :)

Posted by Good123 > 2020-01-06 18:48 | Report Abuse

its share price was RM1.3 right before GE14. hopefully, rm1.3 soon when HSR restarts, etc

Posted by Good123 > 2020-01-07 07:40 | Report Abuse

YTL Corporation - Wikipedia

YTL Corporation Berhad (MYX: 4677, TYO: 1773) is a Malaysian infrastructure conglomerate, founded in 1955 by Yeoh Tiong Lay, after ...

Total assets: RM76.7 billion (2019)

Net income: RM721.355 million (2019)

Revenue: RM18.05 billion (2019)

Industry: Utilities, Construction, High Speed Rail, Property, Hotels