YTL CORPORATION BHD

KLSE (MYR): YTL (4677)

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Last Price

3.38

Today's Change

-0.03 (0.88%)

Day's Change

3.37 - 3.47

Trading Volume

17,391,900


27 people like this.

15,438 comment(s). Last comment by raymondroy 4 hours ago

Good123

25,229 posts

Posted by Good123 > 2020-01-09 16:12 | Report Abuse

nothing can stop ytl's share to rise further to reflect its intrinsic value

Good123

25,229 posts

Posted by Good123 > 2020-01-09 16:13 | Report Abuse

penny stok status dah ditewaskan. rm1 kini

Good123

25,229 posts

Posted by Good123 > 2020-01-09 16:14 | Report Abuse

terus melambung, cantik

Good123

25,229 posts

Posted by Good123 > 2020-01-09 16:14 | Report Abuse

Cuma pemulaannya, more to come

Good123

25,229 posts

Posted by Good123 > 2020-01-09 16:18 | Report Abuse

boleh sampai rm1.05 hari ini kot :)

Good123

25,229 posts

Posted by Good123 > 2020-01-09 16:33 | Report Abuse

ytl listed on bursa and japan stock exchange, tak melebihi rm1, malu lah :)

Good123

25,229 posts

Posted by Good123 > 2020-01-09 16:37 | Report Abuse

pasti rm1 dan ke atas at closing time, esok takda lagi di bawah rm1 sesaham :p

Good123

25,229 posts

Posted by Good123 > 2020-01-09 16:43 | Report Abuse

Terbukti esok takda lagi dibawah rm1

Good123

25,229 posts

Posted by Good123 > 2020-01-09 16:45 | Report Abuse

Sesiapa dah jual terlalu awal rugilah :)

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-01-09 16:54 | Report Abuse

Closed at 1.01 today. Uptrend , impressive

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-01-09 16:55 | Report Abuse

More to come, many big projects Belum announce macam HSR, dll

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-01-09 16:58 | Report Abuse

Bagus!

Date Close
10/01/2020. Esok. ? :)
09/01/2020 1.01
08/01/2020 0.945
07/01/2020 0.94
06/01/2020 0.975
03/01/2020 1.01
02/01/2020 1.03
31/12/2019 0.98
30/12/2019 0.95
27/12/2019 0.90
26/12/2019 0.875

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-01-09 17:37 | Report Abuse

Market Dah tutup baru announced. Esok up lagi tinggi :)

The first phase will consist of the construction of 278 homes with a GDV of £90mil on a nine-acre plot of land, said YTL Developments chief executive officer (CEO) Lee Liam Chye.

BRISTOL: YTL POWER INTERNATIONAL BHDwill venture into its first property development project in the United Kingdom designed to attract primarily UK residents as buyers. The project, named Brabazon, is located in the city of Bristol, which is about an hour’s train ride from London.

Brabazon is a master-plan development that has a gross development value (GDV) of £2.5bil to be developed over 15 years on 380 acres via YTL Power’s UK unit - YTL Developments (UK) Ltd.

The first phase will consist of the construction of 278 homes with a GDV of £90mil on a nine-acre plot of land, said YTL Developments chief executive officer (CEO) Lee Liam Chye.

At present, it is planned that Brabazon will have 2,675 homes, but Lee said that the government has requested for more homes to be built due to the housing shortage and this figure could go up to 4,000 homes.

Lee, who was formerly the group CEO of Perdana ParkCity Sdn Bhd until 2017, is now stationed with YTL in the UK to bring this development to fruition.

“We are targeting middle class UK residents. These are all products meant for the local market, but secondarily, we are also looking at overseas buyers, especially parents who have children studying in the universities here, including the University of Bristol.

“Mainland Chinese have been buying property in the Bristol and Bath area, and also Hong Kong people following the political situation there, ” Lee told StarBiz after the development’s groundbreaking ceremony.

“It is my hope that we can replicate a few features of Desapark City in Kuala Lumpur here. For the UK market, this type of master-plan project combining the commercial and residential aspects of property is something new and different, ” Lee said.

The groundbreaking ceremony for Brabazon was also attended by several leaders of the local community, including the leader of the South Gloucestershire Council Toby Savage. A master-plan development is a large-scale, mixed-used development with commercial and residential components.

Brabazon will also be where the YTL Arena Complex will be located.

An arena is basically an indoor stadium and the YTL Arena will be similar to Kuala Lumpur’s Axiata Arena in size.

The YTL Arena will be sited where the Brabazon hangar at Filton - where the Concorde airplane was previously manufactured - is located.

The YTL Arena will have a floor space of 28,000 square meters that will consist of an arena, an exhibition hall and a leisure space with tenants. YTL said in a statement that it hopes for the arena to open its doors to the public in 2023.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-01-09 18:10 | Report Abuse

With this £2.5bil to be developed over 15 years on 380 acres via YTL Power’s UK unit - YTL Developments (UK) Ltd., Tomorrow, share price might rise even stronger than today :)

Good123

25,229 posts

Posted by Good123 > 2020-01-09 19:57 | Report Abuse

this 2.5 billion pound project ~ more than RM13bil, increase shareholders value greatly, share price rises greatly too tomorrow :)

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-01-09 20:21 | Report Abuse

also, another boost to YTL to be announced anytime from now this year. :)

By Sharen Kaur - October 7, 2019 @ 11:52am
LONDON: YTL Corp Bhd is preparing to inject its UK properties, estimated to worth over RM1 billion, into its global hospitality real estate investment trusts (YTL Reit) next year.

The group, through YTL Hotels & Properties Sdn Bhd, owns and operates five luxury hotels across United Kingdom.

They are The Academy Hotel in Bloomsbury district, Threadneedles Hotel in London, Monkey Island Estate in the village of Bray, Berkshire on the River Thames, Gainsborough Bath Spa in Bath and the Glasshouse hotel in Edinburgh, Scotland.

YTL Corp executive director Datuk Mark Yeoh said all the five hotels are performing well in terms of occupancy and revenue.

–– ADVERTISEMENT ––

“The hotel business has been very robust since we acquired the properties. All the numbers are very positive. The yields are good, giving us over six per cent per annum. We continuously aim for higher numbers,” Yeoh told the New Straits Times in an exclusive interview here.

Yeoh, who is also executive director for YTL Hotels, added that the group had invested circa about 100 million pounds to acquire and refurbish the properties in the last three to four years.

He said YTL had a global mandate to grow the YTL Reit business and it had been expanding steadily over the years.

YTL Reit, listed in 2005, had a market capitalisation of about RM2.28 billion as at October 3 thisyear, with a wide portfolio of prime hotel properties valued around RM5 billion.

The hospitality assets range from business to luxury hotels and are spread across a range of unique locations worldwide.

In Malaysia, these include the JW Marriott Hotel Kuala Lumpur, The Majestic Hotel Kuala Lumpur, The Ritz-Carlton, Kuala Lumpur (Hotel and Suite wings), the Pangkor Laut, Tanjong Jara and Cameron Highlands resorts and the Vistana chain of hotels in Kuala Lumpur, Penang and Kuantan.

The Reit's international portfolio comprises Hilton Niseko Village and The Green Leaf Niseko Village in Japan and the Sydney Harbour, Brisbane and Melbourne Marriott hotels in Australia.

“When we invest in a property, we give it a three to five years horizon. Our properties have to be reitable. We have investors or unit holders who are always with us. They have been long term with us. We have investors dialogue and they are always asking us about expansion.

“We told them when the hotel business matures, and when it gives a lot of yield or yield accretion, we will offer it to the Reit and this is what we are working on doing currently. The numbers are getting there for the London properties,” he said.

YTL Reit’s fourth-quarter net property income (NPI) grew 3.7 per cent year-on-year because of higher master leases, which in turn, was mainly due to the acquisition of The Green Leaf Niseko Village in Japan in September last year.

The NPI increase to RM60.26 million in the fourth financial quarter ended June 30, 2019 (4QFY19) from RM58.11 million a year ago.

Its realised income grew 6.8 per cent to RM35.77 million from RM33.49 million in 4QFY18.

Quarterly revenue increased 1.8 per cent to RM118.67 million from RM116.6 million in 4QFY18.

YTL Reit declared a final income distribution per unit (DPU) of 2.1 sen per unit for the financial year ended June 30, 2019 (FY19). The payout represents 100 per cent of the total distributable income for FY19.

For full FY19, YTL Reit’s NPI increased 1.8 per cent to RM253.28 million versus RM248.83 million the previous year, while revenue fell two per cent to RM490.9 million from RM501 million in FY18.

Its realised income for the year remained flat at RM134.15 million compared with RM134.011 million.

“Our Reit is now giving circa over six per cent so whatever assets we put in they must achieve REIT-accretion. The UK assets are just perfect to grow YTL Reit.

“We are opportunistic investors now. We have a pipeline of assets coming in and we want to constantly give to the Reit. By early 2021 YTL Reit will be bigger than its current size,” said Yeoh.

Good123

25,229 posts

Posted by Good123 > 2020-01-09 20:55 | Report Abuse

with all these good news realised and forthcoming, surely the rebound would be much stronger :)

Good123

25,229 posts

Posted by Good123 > 2020-01-09 20:56 | Report Abuse

tomorrow will be great :)

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-01-09 22:14 | Report Abuse

11,927,800 shares + traded today. YTL only purchased back 227,000. Most of the 11,700,800 shares must be bought by institutional funds :)

09-Jan-2020 Insider YTL CORP BHD buyback 227,000 shares from 0.950 to 1.010 on 09-Jan-2020.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-01-09 22:15 | Report Abuse

tomorrow, another chase upward :)

Good123

25,229 posts

Posted by Good123 > 2020-01-10 08:45 | Report Abuse

probably foreign funds started buying, :)

Good123

25,229 posts

Posted by Good123 > 2020-01-10 08:45 | Report Abuse

see how strong can it rebound today :p

Good123

25,229 posts

Posted by Good123 > 2020-01-10 09:20 | Report Abuse

institutional funds wanted to accumulate more, expected to rise further , sabar :)

Good123

25,229 posts

Posted by Good123 > 2020-01-10 09:21 | Report Abuse

yesterday, 11mil shares traded

Good123

25,229 posts

Posted by Good123 > 2020-01-10 09:21 | Report Abuse

today, even more, fingers crossed

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-01-10 10:48 | Report Abuse

Our 2020 forecasts have only imputed Axis’ RM439m worth of industrial property development/acquisitions. Beyond the near term, YTLREIT, SunREIT and Axis are our preferred picks for acquisition-play, ” Maybank Research said.

KUALA LUMPUR: Maybank Investment Bank Research is keeping YTL REIT as its top Buy due to its resilient earnings from its Malaysian and Japanese assets, which are on master leases with rental step-ups.

In its research note issued on Friday it said there are also growth catalysts from its three Australian hotels – potentially resulting in higher occupancy rates and/or room rates post refurbishments.

“We also like YTLREIT for its strong pipeline of hotel assets from its parent, ” it said.

Maybank Research anticipated major pipelines to be limited in 2020, hence it continues to favour M-REITs with prime malls and sizeable assets with long-term tenants which would underpin organic growth.

“We maintain a Neutral view on the sector due lack of major growth catalysts at this juncture. Our top Buy is YTLREIT and our other Buys are SunREIT and MQREIT. The sector’s average CY20/21E net yields are 5.4/5.6%, ” it said.

The research house estimated M-REITs’ growths to be largely organic in 2020, via positive rental reversions and sustained occupancy rates while there are M-REITs that would record full-year rental income contributions from assets acquired in 2019 (i.e. Axis, SunREIT, ALSREIT).

The oversupply of retail and office space in the Klang Valley (where most of the M-REITs’ key assets are located in) would remain a major challenge.

“Meanwhile, we expect direct earnings lift to M-REITs to be minimal from easing of financing costs of variable rate debts. Our economist forecasts the OPR will be cut by 25bps to 2.75% in 2020.

“We expect 2020’s acquisition pipeline to remain subdued for now, only involving smaller size assets as major deals and developments are unlikely until 2021 onwards, such as Lot 185, Lot 91, and City Point Podium by KLCCP and expected completion of Phase 2 development at Axis Mega Distribution Centre.

“Our 2020 forecasts have only imputed Axis’ RM439m worth of industrial property development/acquisitions. Beyond the near term, YTLREIT, SunREIT and Axis are our preferred picks for acquisition-play, ” Maybank Research said.

HowAh

963 posts

Posted by HowAh > 2020-01-10 18:15 | Report Abuse

No follow through

HowAh

963 posts

Posted by HowAh > 2020-01-10 18:15 | Report Abuse

No effect the news

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-01-10 19:16 | Report Abuse

YTL Land & Development Bhd has projects in Malaysia and Singapore



Developed the Sandy Island Collection and Kasara, The Lake at Sentosa Cove



Master-planned the 294-acre freehold Sentul East and Sentul West with a GDV of RM1.991 billion.



What is your view of the current property market?

The lacklustre performance of the overall property market is likely to continue in 2020 as prices are still undergoing a correction. The national Home Ownership Campaign 2019 had a positive impact, successfully reducing unsold units in the market. While a market correction offers the best opportunities for property purchase, issues affecting the market, such as low take-up rates and affordability amid concerns of strict bank loan restrictions and rising cost of living, continue to prevail.

There are changes in property trends and purchases with the emergence of a new generation of buyers — the millennials. They may not have a great appetite for long-term investments like property and are likely to defer home purchases due to changes in priorities, lifestyle and spending habits.



What are the issues in the property market that need addressing?

More positive measures by the government are required to stimulate the market and encourage homeownership among the younger generation, who make up about 40% of our workforce.

The millennials (born between 1981 and 1996) form the largest group of potential property buyers today and will shape the direction and future of the property industry. Developers need to deal with the expectations and property perceptions of this new generation.

Fundamentally, engagement with the millennials using digital media is effective to create awareness and develop brand attitude but not necessarily sale conversions. From this perspective, we leverage both digital and traditional marketing to a wider audience for optimum results.



What new ideas will disrupt the Malaysian property market?

Developers need to deal with cross-generational marketing as we are selling to a younger generation, many of whom are first-time homebuyers who seek guidance and support from their parents. Apart from location, key purchase considerations are aesthetic, functionality and the overall package. Millennials look for homes with open plans, spaces for hobbies and workouts, and an eco-friendly atmosphere that promotes health and well-being.

Millennials have a different attitude to property ownership. They are pioneering new trends in the property industry, such as co-working, which is disrupting the office space segment, while co-living offers a new option for the residential sector.

Also, proptech, a new technological innovation, is gaining recognition and disrupting property industries worldwide. The use of digital solutions, such as virtual reality applications, artificial intelligence, data and analytics, is catching up in Malaysia and will have a positive impact on improving efficiency and productivity in the property industry.



What do millennials want when it comes to property?

Millennials look for properties and locations that will make sound investments and which are a reflection of themselves. Their priorities are urban locations with city conveniences close to their workplace, albeit smaller residential units to match their budget. If further from the city, they prefer bigger units within transit-linked developments.

Also, they want modern architecture defined by clean lines, minimalist interiors and sustainable features; open-floor plans, courtyards and conducive workspace; efficient, fast and convenient features such as high-speed internet, energy-efficient appliances, green surroundings, communal spaces to mingle and network, and immediate neighbourhood conveniences.



What in your opinion is the outlook for the property market in 2020?

The downturn has lasted almost five years in tandem with the global economic cycle and political uncertainties. Historically, any property market is cyclical and this is predictable only to a certain degree. Cautious signs of volatility in the market will linger until prices reach a sustainable level, after which the market picks up and a new cycle begins.

Nevertheless, we see an upward trend in the residential market over the longer term due to the scarcity of land and increase in population. In any event, the residential sector is usually more resilient than the commercial sector even during times like these because there is always a ready pool of homebuyers.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-01-13 08:01 | Report Abuse

Immediate Announcement on Shares Buy Back
YTL CORPORATION BERHAD

Date of buy back 10 Jan 2020
Description of shares purchased Ordinary Shares
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 483,000
Minimum price paid for each share purchased ($$) 0.975
Maximum price paid for each share purchased ($$) 0.985
Total consideration paid ($$) 477,310.13
Number of shares purchased retained in treasury (units) 483,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units) 368,862,418
Adjusted issued capital after cancellation
(no. of shares) (units) 11,022,724,004
Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 3.34638

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-01-13 09:15 | Report Abuse

Good move, buyback more and more :) hopefully reach 5% soon

Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 3.34638

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-01-13 09:26 | Report Abuse

Buyback till at least 5%, then cancel the treasury shares, so, 1 share~1.05 shares :)

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-01-13 09:28 | Report Abuse

Share buyback has the same effect of helping existing shareholders to buyback undervalued shares to maximize shareholders' value. Better than reinvestment program instead of dividend, less hassle :)

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-01-13 09:42 | Report Abuse

A buyback reduces the number of shares in a company held by the public. ... In the near term, the stock price may rise because shareholders know that a buyback will immediately boost earnings per share.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-01-13 09:43 | Report Abuse

stock repurchasing allows companies to reinvest in themselves by reducing the number of outstanding shares on the market. ... From a financial perspective, buybacks benefit investors by improving shareholder value, increasing share prices and creating tax beneficial opportunities

Good123

25,229 posts

Posted by Good123 > 2020-01-13 09:51 | Report Abuse

We like YTL Hospitality REIT for its resilient earnings from its Malaysian and Japanese assets, which are on master leases with rental step-ups. There are also growth catalysts from its three Australian hotels, potentially resulting in higher occupancy rates and/or room rates post refurbishment. We also like YTL Hospitality REIT for its strong pipeline of hotel assets from its parent.
We remain cautious about the oversupply of retail and office space in the Klang Valley, which could exert pressure on occupancy rates and/or positive rental reversions, which will in turn increase the downside risks to dividends per unit. Elsewhere, we believe any OPR hike would lower M-REITs’ profitability — due to higher finance costs — and deter acquisitions as they will be more expensive to fund acquisitions via borrowings. — Maybank IB Research, Jan 10

Good123

25,229 posts

Posted by Good123 > 2020-01-13 09:53 | Report Abuse

YTL Power’s 45%-owned 470mw shale oil power plant in Attarat, Jordan is slated to commence its 30-year PPA beginning in the middle of this year.
If all goes well, it is also expecting to reach financial close of its 80%-owned 1,320mw Tanjung Jati A coal-fired power project in Indonesia over the next few months.

Good123

25,229 posts

Posted by Good123 > 2020-01-13 12:03 | Report Abuse

ytl sedang buyback, usah jual terlalu awal :)

Good123

25,229 posts

Posted by Good123 > 2020-01-13 12:04 | Report Abuse

jangkakan harga melebihi rm1 sesaham minggu ini

Good123

25,229 posts

Posted by Good123 > 2020-01-13 12:05 | Report Abuse

harga saham masih belum mengambil kira projek baru 2.5bil pound di UK baru2 ini

Good123

25,229 posts

Posted by Good123 > 2020-01-13 12:06 | Report Abuse

juga ytl akan suntik beberapa hotel di UK ke dalam ytlreits yang akan dilaksanakan tahun ini

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-01-13 12:41 | Report Abuse

:)

For Friday, he said foreign investors snapped up RM17.4 million net of local equities in anticipation of the signing of the US-China phase one trade deal on Wednesday (Jan 15)

Good123

25,229 posts

Posted by Good123 > 2020-01-13 14:33 | Report Abuse

just wait for ytl to buyback more patiently :)

Good123

25,229 posts

Posted by Good123 > 2020-01-13 14:34 | Report Abuse

mencecah RM1 sesaham minggu ini :) sabarlah

Good123

25,229 posts

Posted by Good123 > 2020-01-13 14:39 | Report Abuse

kini ytl disenaraikan di jepun dan Malaysia. saya sarankan ytl juga patut disenaraikan di singapura untuk mendapatkan penilaian saham yang lebih baik

Good123

25,229 posts

Posted by Good123 > 2020-01-13 14:41 | Report Abuse

dah naik 1sen sekarang

Good123

25,229 posts

Posted by Good123 > 2020-01-13 14:41 | Report Abuse

melebihi rm1 mungkin hari ini boleh berjaya

Good123

25,229 posts

Posted by Good123 > 2020-01-13 14:42 | Report Abuse

99.5sen dah

Good123

25,229 posts

Posted by Good123 > 2020-01-13 14:43 | Report Abuse

takda halangan untuk ytl menembusi paras harga rm1

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