Posted by Good123 > 2020-01-07 08:10 | Report Abuse

few smart corporate moves by ytl in 2019 e.g. becoming the largest cement producer in Malaysia by acquiring lafarge, privatised ytlland cheaply at 30sen by issuing ytl shares at rm1.14 for share swap, etc. this year, we would see the results. sabar sedikit :)

Posted by Victor Yong > 2020-01-07 10:07 | Report Abuse

Big cap & blue chip stocks. :)

KUALA LUMPUR (Jan 7): The FBM KLCI advanced in early trade Tuesday, as gains in select blue chips lifted the benchmark index.

At 9.05am, the FBM KLCI gained 1.05 points to 1,598.81.

The early gainers included Public Bank Bhd, Revenue Group Bhd, KKB Engineering Bhd, IHH Healthcare Bhd, Datasonic Group Bhd, Tenaga Nasional Bhd, Poh Huat Resources Holdings Bhd and Hartalega Holdings Bhd.

Bloomberg said Asian stocks looked set to rebound as the risk-off mood sparked by geopolitical tensions in the Middle East ebbed. U.S. shares closed higher while Treasuries and the dollar dropped.

Futures gained in Tokyo and Hong Kong. Australian shares opened higher. U.S. equity futures were flat. Earlier, the S&P 500 Index rose for the third time in four sessions, erasing early losses, as heavyweight technology companies led a recovery. Gold retreated from the highest in more than six years and the yen held losses. Ten-year Treasury yields rose to above 1.80%. Crude oil fell to trade below $63 a barrel, after reaching the highest since April, it said.

JF Apex Securities Research said US markets rose overnight led by technology counters as investors shake off geopolitical concerns over US' attack that killed Iran's top military leader.

It said that earlier, European stocks declined as investors switched from equities to safe haven assets such as gold and bond following the US-Iran tension.

“On the local market, the FBM KLCI dropped 13.62 points to 1597.76 points.

“Following the mixed performances in the US and Europe, the FBM KLCI could trend sideways below the resistance of 1,615 points,” it said.

Posted by Victor Yong > 2020-01-07 11:46 | Report Abuse

YTL Power International Bhd
(Jan 6, 83.5 sen)
Reiterate buy with an unchanged target price (TP) of 95 sen: It was reported that YTL Power International Bhd (YTLP) subsidiary, PowerSeraya Pte Ltd, is weighing an option to either build or acquire new capacity from other operators, as some of its uncompetitive capacity is near the end of its useful life. While the power sector in Singapore is already heading towards a recovery from an overcapacity problem, market consolidation from within could expedite the recovery. We are currently expecting PowerSeraya to return to profitability by financial year 2021.

As per our last report on Dec 26 last year, we highlighted that overall power capacity in Singapore will be cut by 23% or 1,100MW before the end of 2021, as some power producers will be retiring some of their power-producing capacity. The reduction in capacity will help ease an overcapacity problem, as the overall reserve margin will be lowered from the current 73% to 21%-23%, allowing power producers to increase their selling prices and generate reasonable returns. However, the whole process could take at least another two years as 750MW or 6% has been retired from the system since October 2019.

Due to PowerSeraya’s dominant market position (second), with a 22.8% market share (based on name-plate capacity), it is unlikely to be allowed by the Energy Market Authority to expand beyond its licensed capacity of 3,100MW. However, we believe there is a high likelihood that the acquisition could be approved, if the latter is proposed to replace the existing capacity rather than to increase its allowable name-plate capacity. PowerSeraya should replace its 1,448MW (47% of its capacity) of steam turbine generation capacity: its fuel source is mainly heavy fuel oil and it operates mainly as a peaking plant, due to its high energy costs relative to natural gas and liquefied natural gas.

We believe the power sector in Singapore is already heading towards a recovery in 2021, and the market consolidation could potentially speed up the recovery process. We reiterate our “buy” call on YTLP, with an unchanged sum of the parts-based TP of 95 sen, as we believe the stock valuation is undemanding, trading at a sharp discount to its five-year average price-to-book value of 0.8 times. Key downside risks to our positive call are a weaker-than-expected performance of its other non-core operations/investments and YTL Communications Sdn Bhd’s Yes 4G service. — Affin Hwang Capital, Jan 6

Posted by Victor Yong > 2020-01-07 15:33 | Report Abuse

:)

THE local cement industry is fragmented and rife with overcapacity and low utilisation of plants. According to the Cement and Concrete Association of Malaysia, the country has eight cement producers.

The situation is made worse by a slowdown in mega infrastructure projects, which has led to lower demand and seen cement companies booking losses.

Take Malayan Cement Bhd (formerly Lafarge Malaysia Bhd) and Tasek Corp Bhd, for example, which registered a net loss of RM132.65 million and RM22.98 million respectively for the nine-month period to Sept 30, 2019.

Thus, the recent acquisition of 51% equity interest in Malayan Cement by YTL Cement Bhd, a subsidiary of YTL Corp Bhd, was a welcome respite for the industry. It also earned recognition as the best mergers and acquisitions (M&A) deal of the year.

According to Maybank Investment Bank Bhd, the acquisition represents an opportunity for YTL Cement to bolster its position as a leading homegrown cement company, strengthen its ability to fulfil its regional growth aspirations and complement its existing core businesses.

YTL Cement is a leading international building materials company with over 60 years of experience in manufacturing cement, construction aggregates and concrete. It offers world-class quality products and end-to-end solutions to its customers.

Malayan Cement, meanwhile, is a prominent building materials leader listed on Bursa Malaysia with a market capitalisation of RM2.82 billion as at Aug 29, 2019.

On May 2, YTL Cement entered into a sales and purchase agreement with Associated International Cement Ltd for the acquisition of 433.34 million shares, or a 51% stake, in Malayan Cement for RM1.63 billion or RM3.75 per share.

Following the acquisition, YTL Cement was also required to extend the offer to the rest of the shareholders of Malayan Cement to buy the remaining 416.35 million shares at the same price.

The mandatory offer, which closed on June 13, saw 220.72 million shares accepted, with YTL Cement holding a 77% stake in Malayan Cement.

“The acquisition is expected to deliver operational efficiencies in logistics, distribution, and procurement; and cost synergies realised from economies of scale, and elimination of duplicated functions and corporate overheads; which would contribute positively to future earnings and cash flows of the enlarged YTL Cement group,” says Maybank IB.

Besides being the adviser for YTL Cement for the deal, Maybank IB was the lead arranger and book runner for YTL Cement’s bridging loan facility of RM1.84 billion. The facility has a tenure of two years.

YTL Cement and Malayan Cement together command a 60% share of domestic cement supply. The consolidation may result in price stability from more rational pricing strategies and capacity cuts, says Affin Hwang Capital in a March 3 note.

Posted by gghaha > 2020-01-07 16:27 | Report Abuse

hohoho.....

Posted by HowAh > 2020-01-07 17:42 | Report Abuse

Oh no... dropped so much...die liao

Posted by bone > 2020-01-07 17:55 | Report Abuse

SHare buyback no eefect

Posted by JacLow > 2020-01-07 19:07 | Report Abuse

They wan eliminate ikan bilis..lol

Posted by HowAh > 2020-01-07 20:13 | Report Abuse

Hope no drop back to 82 ... Omg

Posted by Good123 > 2020-01-07 23:31 | Report Abuse

buyback more, net assets per share ~ rm1.2 . net assets per share will rise, dividend yield will rise, eps will rise if treasury shares cancelled later

Posted by Good123 > 2020-01-07 23:32 | Report Abuse

smart, privatised ytlland at 30sen using ytl shares at rm1.14, now buyback cheaply from the open market

Posted by Good123 > 2020-01-07 23:33 | Report Abuse

visit Malaysia year 2020, hotel segment will also do better

Posted by Good123 > 2020-01-07 23:33 | Report Abuse

HSR WILL BOOST CEMENT

Posted by Good123 > 2020-01-07 23:34 | Report Abuse

power segment in spore n Indonesia n Jordan will deliver better results this year

Posted by Good123 > 2020-01-07 23:35 | Report Abuse

ytl REITs also do well

Posted by Good123 > 2020-01-07 23:35 | Report Abuse

ERL will surely do better this year, visit Malaysia year 2020

Posted by Good123 > 2020-01-07 23:37 | Report Abuse

sabarlah, will rebound after seeing its Q4, 2019 results... share price will recover further with continuous share buyback support

Posted by takashi86 > 2020-01-08 00:34 | Report Abuse

Unless Gemas rail got huge bill to gomen, really cant see the coming 1-3 qtr got any surprise...

Cement, yes4g & sg seraya all still bleeding...jordan might commence this or next year, indon not even start any groundwork now.

To see better eps, gonna wait at least till mid 2021, if nothing major happen such as bond crisis.

As i said before, based on previous trend, sbb stop share price drop.

If wanna see ytl share shot up, unless privatize ytlp now, as most cash reserve is at ytlp, not ytl.

But i dun think at current market, after taking lafarge, francis will take another privatization so soon, i might be wrong, but to invest ytl, sabar not 1-2 month, might take several years, but once all clouds clear up, rm3-4 or even 5 is possible...

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

4677 YTL YTL CORPORATION BHD
TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))
TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))
YTL CORPORATION BERHAD ("YTL CORP" OR "COMPANY") UNCONDITIONAL SHARE EXCHANGE
OFFER BY YTL CORP TO ACQUIRE ALL THE REMAINING SECURITIES IN YTL LAND &
DEVELOPMENT BERHAD NOT ALREADY OWNED BY THE COMPANY ("OFFER")
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

07/01/2020 06:47 PM


Ref Code: 202001073000222

Posted by Victor Yong > 2020-01-08 08:09 | Report Abuse

4677 YTL YTL CORPORATION BHD
Immediate Announcement on Shares Buy Back
Date of Buy Back : 07/01/2020
Description of Shares Purchased : Ordinary Shares
No. of Shares Purchased : 960,000 shares
Minimum Price Paid For Each Share Purchased : RM 0.930
Maximum Price Paid For Each Share Purchased : RM 0.970
Total Consideration Paid : RM 905,788.52
No. of Shares Purchased Retained in Treasury : 960,000 shares
No. of Shares Which Are Proposed To Be Cancelled : 0 shares
Cumulative Net Outstanding Treasury Shares As At To-Date : 367,862,418 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:

07/01/2020 05:17 PM


Ref Code: 202001074700079

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

Ytl memang Ada share buyback plan from the beginning, already repurchased more than 360mil shares over the years :)

Cumulative Net Outstanding Treasury Shares As At To-Date : 367,862,418 shares
Adjusted Issued Capital After Cancellation : 11,019,882,843

Posted by Victor Yong > 2020-01-08 08:24 | Report Abuse

Ytl's expertise in rail started many years ago :)

The Express Rail Link Sdn Bhd is a company that owned and operated airport rail link that connects the Kuala Lumpur International Airport (KLIA) with the Kuala Lumpur Sentral (KL Sentral) transportation hub, 57 kilometres apart. The company operated two different train services :

KLIA Ekspres, a direct airport rail service directly from the KLIA to KL Sentral, launched on April 14, 2002.
KLIA Transit, a commuter rail service with three additional stops between the KLIA and KL Sentral, launched on June 1, 2002.
Express Rail Link
ERL logo.png
KLIAekspres SalakSelatan.jpg
Overview
Owner
Express Rail Link Sdn Bhd
Locale
Klang Valley, Malaysia
Transit type
Airport rail link
Number of lines
6 7
Number of stations
6
Daily ridership
27,307 (2015)
Annual ridership
9.967 million (2015)[1]
(Increase 7.9%)
Website
kliaekspres.com
Operation
Began operation
14 April 2002; 17 years ago
Number of vehicles
12 trainsets (4-car) of Desiro ET 425 M Electric Multiple Unit
6 trainsets (4-car) of CRRC Changchun Equator Electric Multiple Unit.
Technical
System length
57 km (35 mi) (total)
Track gauge
1,435 mm (4 ft 8 1⁄2 in) standard gauge
Top speed
176 km/h (109 mph)
Background Edit
Express Rail Link Sdn. Bhd. (ERL) is a joint venture company between YTL Corporation Berhad, Lembaga Tabung Haji, SIPP Rail Sdn. Bhd. and Trisilco Equity Sdn. Bhd. with each partner holding 45%, 36%, 10% and 9% of the company respectively. On the 25th of August 1997, the Malaysian government presented the company with a 30-year concession to finance, build, maintain and control the operations of the railway.

Construction began in May 1997 and was completed 5 years later. It was then handed over to SYZ consortium, a joint relations consortium between German and Malaysian companies consisting of Siemens AG, Siemens Electric Engineering Sdn. Bhd and Syarikat Pembenaan Yeoh Tiong Lay Sdn. Bhd (SPYTL), a wholly owned subsidiary of YTL Corporation Bhd.

ERL Maintenance and Support was set up in 1999 and is responsible for the operations and maintenance of trains owned by ERL. The company was initially a joint venture between Express Rail Link Sdn. Bhd. and Siemens AG, but since June 2005 it has been wholly owned by Express Rail Link Sdn. Bhd.[2]

The 1997 financial crisis that hit Asia caused a brief setback to the project but due to strong governmental support, the project went on to completion. The project raked up a cost of RM2.4 billion which was financed through equity mergers (RM500 million), loans from Development and Infrastructure Bank of Malaysia (RM940 million) and the remainder through import credit[3] from four German financial institutions.

Posted by Victor Yong > 2020-01-08 09:41 | Report Abuse

Just wait till Q2 result is released in Feb 2020, next month :)

Power, hotel, cement ,erl, construction, etc will show improve results :)

Posted by Victor Yong > 2020-01-08 09:53 | Report Abuse

Ytl is a long term investor in hotel industry in Japan unlike bjland or VT tends to talk about selling its hotels in Japan.

Ytl new resort in Japan, more profit for the quarterly profit for the coming quarter.


YTL Hotels To Open Hinode Hills Niseko Village In Japan
by Mary Winston Nicklin Aug 6, 2019 3:42pm


Just in time for the winter season, YTL Hotels will unveil its latest luxury addition in Niseko Village. Located on the island of Hokkaido in the north of Japan, known for its high levels of snowfall, Niseko is a world-famous ski resort—a paradise for powder hounds. Opening on December 1, 2019, Hinode Hills Niseko Village is an all-suite property with 79 rooms decorated with a traditional wabi-sabi design aesthetic, integrating natural forms and nods to nature. Hinode Hills will join three other YTL hotels in Niseko Village: The Green Leaf Niseko Village, Hilton Niseko Village and Kasara Niseko Village Townhouse.


With ski-in, ski-out access at the base of Mount Niseko Annupuri, Hinode Hills sits on a prime piece of real estate at the heart of Niseko Village. This location is next to the Upper Village Gondola, which provides easy lift access to the mountain. Note that to accommodate families or groups traveling together, there are multiple room configurations of up to three bedrooms. An in-house team of ski specialists can help with gear, and after a day on the slopes, you can relax in the hotel’s onsen.

Malaysia-based YTL Hotels owns and manages a portfolio of international hotels and Spa Villages in Asia, Australia and Europe, including the Gainsborough Bath Spa. The group also has ownership management of a number of Marriott hotels in Australia, Koh Samui and Kuala Lumpur, including Autograph Collection properties, and co-owns the Eastern & Oriental Express luxury train.

Posted by Good123 > 2020-01-08 10:51 | Report Abuse

retailers buy and sell in smaller, bila ytl masuk buyback , price jumps few levels :)

Posted by Good123 > 2020-01-08 10:53 | Report Abuse

today might be the day for intensive buyback for ytl。 francis of ytl is good at moving unpredictable move :)

Posted by Good123 > 2020-01-08 10:55 | Report Abuse

with better expected quarterly results in all segments to be announced next month plus share buyback by ytl, the only way is up

Posted by Good123 > 2020-01-08 10:56 | Report Abuse

sunway, ioi, etc already up so much, ytl's turn

Posted by Good123 > 2020-01-08 10:58 | Report Abuse

privatization of ytlland, acquisition of lafarge, expansion of hotels in UK and japan, etc , growing nonstop

Posted by Good123 > 2020-01-08 10:59 | Report Abuse

power sector in Jordan, Indonesia and Singapore would improve tremendously this year

Posted by Victor Yong > 2020-01-08 11:06 | Report Abuse

More investments in UK too

YTL set to increase investments in UK
ytl uk from www.nst.com.my
7 Nov 2019 · MALAYSIA'S giant investor YTL Group plans to keep increasing its investments in the United Kingdom, shrugging off Brexit ...
You visited this page on 1/1/20.
Imagehttps://www.nst.com.my › 2019/12
YTL UK to redevelop Bristol's airfield into world class entertainment arena | New Straits ...
ytl uk from www.nst.com.my
3 Dec 2019 · YTL Developments UK director Datuk Yeoh Seok Hong said the company will redevelop Bristol town's former Filton airfield into an ...

Posted by Victor Yong > 2020-01-08 11:34 | Report Abuse

Uptrend in expecting better results in all segments plus aggressive biz expansion in many countries :) moving towards 1.25 again

52 Weeks Range: 0.82 - 1.25

Posted by Victor Yong > 2020-01-08 14:59 | Report Abuse

Surely ytl will try their best to improve share price. Continue to buyback more and more

Cumulative Net Outstanding Treasury Shares As At To-Date : 367,862,418 shares
Adjusted Issued Capital After Cancellation : 11,019,882,843

Posted by Victor Yong > 2020-01-08 15:11 | Report Abuse

Treasury shares cost @30 sept 2019 ~rm472,793,000. Total Shares = 341,862,418. Average buyback cost per share at as 30/9/2019~RM1 38. Thus , ytl will buyback more n more to increase shareholders' value. Lower its buyback cost per share with continuous purchase, net assets per share ~rm1.2+ with improving results expected from its coming quarterly results

Posted by Good123 > 2020-01-08 15:19 | Report Abuse

foresee that ytl would buyback more at current low level

Posted by Good123 > 2020-01-08 15:21 | Report Abuse

ytl could average down their buyback cost per share in the past. ytl could sell their treasury shares when the price moves to a higher level in future

Posted by Good123 > 2020-01-08 15:21 | Report Abuse

no reasons for ytl not to buyback more n more shares at such low level :)

Posted by Good123 > 2020-01-08 15:24 | Report Abuse

issuing ytl shares at rm1.14 to privatize ytlland and now buying back below it = privatising ytlland even at much cheaper price :)

Posted by Victor Yong > 2020-01-08 15:32 | Report Abuse

good that ytl is learning from Apple to use share buyback to maximise hsareholders' value :)

Apple Inc. AAPL, -0.47% disclosed Thursday that it spent $17.9 billion to buy back 92.6 million shares during the fiscal fourth quarter ended Sept. 28, or about 2% of the shares outstanding. That compares with the $17.0 billion Apple spent in the previous quarter, and the $49.2 billion spent over the previous three quarters. The company has $78.9 billion remaining in its stock buyback program. Apple's stock rose 13.2% during the quarter, to boost its market-capitalization by roughly $115.7 billion as of the latest share count. The 10-K filing with the Securities and Exchange Commission showed that Apple ad 4.443 billion shares outstanding as of Oct. 18, down from 4.519 billion shares as of July 19. As a result of the reduced share count, Apple was able to report late Wednesday a rise in fourth-quarter earnings per share to $3.03 from $2.91, even though net income fell to $13.69 billion from $14.13 billion. Apple's stock, which rose 1.8% in morning trading, has now run up 57% year to date, while the Dow Jones Industrial Average DJIA, -0.42% has advanced 16%.

Posted by Good123 > 2020-01-08 15:36 | Report Abuse

when ytl buybacks, so steady ytl share price nowadays

Posted by Good123 > 2020-01-08 15:37 | Report Abuse

earlier ytl share price even rose although the overall market was in the red... ytl is so resilient

Posted by Good123 > 2020-01-08 15:38 | Report Abuse

probably close above 95sen or higher today based on the buy rate

Posted by Victor Yong > 2020-01-08 15:55 | Report Abuse

Steadily moving back to RM1 or higher soon :)

Posted by Good123 > 2020-01-08 16:15 | Report Abuse

only another 6sen to reach rm1 again. everyday share buyback, up at least 2sen , 3 days dah reach rm1

Posted by Good123 > 2020-01-08 16:16 | Report Abuse

after quarterly result has been released next month, it could rise by 10sen in a day too

Posted by Good123 > 2020-01-08 16:17 | Report Abuse

visit Malaysia year 2020, visitors will flood its ERL train resorts and hotels in Malaysia

Posted by Good123 > 2020-01-08 16:18 | Report Abuse

HRS restarts once announced, ytl could jump by 10 to 15sen , fingers crossed

Posted by Good123 > 2020-01-08 16:18 | Report Abuse

HSR will boost its cement and construction unimaginably

Posted by Good123 > 2020-01-08 16:19 | Report Abuse

the continuous big projects e.g. ECRL, bandar Malaysia, north Borneo highway, HSR, etc use a lot of cement indeed :p

Posted by Good123 > 2020-01-08 16:28 | Report Abuse

expecting 94sen to 96 to 98 to rm1 or jump straight to rm1 or higher :)