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 8 minutes ago

JK22

1,789 posts

Posted by JK22 > 2020-08-10 15:25 | Report Abuse

http://www.ytl.com/shownews.asp?newsID=4022&category=pressreleases

income not relied on bestarinet . RTS already confirm .. Wait for HSR .... YTL have good prospect to gain from these.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-08-12 09:37 | Report Abuse

Time to consider. HSR decision in December.

Date Close
11/08/2020 0.725
10/08/2020 0.725
07/08/2020 0.735
06/08/2020 0.745
05/08/2020 0.735
04/08/2020 0.735
03/08/2020 0.75
30/07/2020 0.78
29/07/2020 0.78
28/07/2020 0.735
27/07/2020 0.73
24/07/2020 0.745
23/07/2020 0.77
22/07/2020 0.78
21/07/2020 0.785

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-08-12 09:38 | Report Abuse

Ytlreits rebounded also. Ytl power n mcement are stabilising

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-08-12 10:14 | Report Abuse

Epf buys n sells like a trader n ytl buys as treasury shares.. expect more actions .

Good123

25,229 posts

Posted by Good123 > 2020-08-12 11:27 | Report Abuse

penny stocks collapsed. traders will go back to ex-blue chip penny stocks now like ytl

Good123

25,229 posts

Posted by Good123 > 2020-08-12 11:28 | Report Abuse

ytl is a much safer bet than bjcorp, tomei, xox, etc

Good123

25,229 posts

Posted by Good123 > 2020-08-13 08:21 | Report Abuse

good for ytl. 

“I have seen various malls in Malaysia and there has been a pick-up in footfalls. The quality malls still have the ability to draw in crowds and people still come out to do their basic shopping, ” Chong said at a RHB Asset Management webinar titled Investing in REITs – Risk or Opportunity.

KUALA LUMPUR: The outlook for shopping malls has improved and footfalls are returning to normal, said RHB Asset Management Malaysia head of equity research Petrina Chong.

“I have seen various malls in Malaysia and there has been a pick-up in footfalls. The quality malls still have the ability to draw in crowds and people still come out to do their basic shopping, ” Chong said at a RHB Asset Management webinar titled Investing in REITs – Risk or Opportunity.

“Some are even doing their luxury shopping. For example, there were queues at the Louis Vuitton shop in one of the (main) shopping malls. In terms of consumer sentiment, we do see a gradual recovery already coming through, ” she added.

However, she said the city centre malls are expected to lag behind the flagship suburban malls due to the lack of foreign tourists.

“They will be slightly less crowded because tourist arrivals feature quite heavily. About 20% of the daily shopper traffic here are mainly foreign visitors, ” Chong said.

Meanwhile, Chong said that according to industry statistics, the hospitality REITs segment has seen a demand collapse.

“Data from the Malaysian Association of Hotels show that the occupancy rates in 2020 have very much collapsed. Compared to the average 60 odd percent in the previous year, this has come down to around 20%, ” she said.

“Some of the hotels in the KL city centre have been used up as quarantine facilities for people who are arriving from overseas. So some occupancy is taken up here but it is still not compared to what it has been before, ” she added.

Chong said she expected to see some recovery in this segment once July and August statistics come out.

Good123

25,229 posts

Posted by Good123 > 2020-08-13 08:26 | Report Abuse

expecting ytlcorp to rebound , parent company of ytlreits,ytl corp also has hotels, etc COVID-19 | President Vladimir Putin said on Tuesday that Russia had become the first country to grant regulatory approval to a Covid-19 vaccine after less than two months of human testing, a move Moscow likened to its success in the Cold War-era space race.

Good123

25,229 posts

Posted by Good123 > 2020-08-13 09:00 | Report Abuse

good for ytlcorp, ytlcorp holds more than 50% of ytlreits. 

Securities Commission expected managers of M-REITs to consider sustainability of the REIT and best interests of unit holders, before taking on any additional debt.bldg

PETALING JAYA: The Securities Commission (SC) will temporarily increase the gearing limit for Malaysian real estate investment trusts (M-REITs) from 50% to 60%, effective immediately, until Dec 31,2022.

The regulator said the “temporary increase in gearing limit would provide M-REITs greater cash flow flexibility and allow M-REIT managers to manage their REIT’s debt and capital structures more efficiently”.

It said the temporary measure was crucial due to the challenging operating environment during the Covid-19 pandemic.

SC expected managers of M-REITs to consider sustainability of the REIT and best interests of unit holders, before taking on any additional debt.

As the financial system adjusts to the impact of Covid-19, the SC said it would continue to monitor the evolving situation in global and domestic markets.

Good123

25,229 posts

Posted by Good123 > 2020-08-13 09:28 | Report Abuse

good news for ytl also, its subsidiary.The company’s shares fell one sen to close at 70 sen yesterday

PETALING JAYA: Recovery in earnings for YTL Power International Bhd is now likely to be seen in two years’ time following the delay in the commissioning of its 45%-owned shale-fired Attarat Power Plant in Jordan.

The US$2.1bil, 470 megawatt (MW) shale oil power plant in Attarat, Jordan was seen as the next money spinner for the utility outfit.

Maybank IB Research estimates that its earnings contribution to YTL Power to be about RM220mil of associate income annually.

Hence its commissioning was a “significant re-rating catalyst” for the stock.

However, the Attarat Jordan power plant’s completion has been affected by the Covid-19 pandemic outbreak.

Citing recent press reports, the research firm noted that the two generators of the power plant would only be completed in end-2020 and 2021 respectively.

This was significantly behind its initial assumption of a July-2020 commissioning that was to come with a 30-year power purchase agreement and an attractive internal rate of return of 19%.

“Given the delay in the commissioning of Attarat Power, our earnings recovery thesis is thus deferred to financial year (FY) ending June, 2022.

“We view risk-reward as being merely balanced for now with the potential step-down in Wessex Water’s earnings offset by likely dividend support, ” the research firm said in a report yesterday where it had downgraded the stock to a “hold” from a “buy.”

It had also lowered its target price to 70 sen from 80 sen previously.

In the case of UK-based Wessex, it began its new five-year regulatory period in April 2020 at a regulated return for the latest regulatory period lowered to 2.9% (of an inflation adjusted asset base) from 3.6% (of a nominal asset base) previously.

With this, it estimates a possible 10-20% year-on-year decline in Wessex FY21’s pre-tax earnings.

Following these two developments, Maybank IB said it has lowered FY20, FY21, FY22’s net profit forecasts by 12%, 48% and 17%, respectively. That said, it still sees YTL Power offering a decent dividend yield.

“We continue to assume a five sen annual dividend per share (DPS), but do not rule out the possibility of a cut. Note that YTL Power’s annual DPS is typically declared in entirety in the fourth quarter of its financial year, which is this upcoming quarter, ” it said.

The company’s shares fell one sen to close at 70 sen yesterday.

Good123

25,229 posts

Posted by Good123 > 2020-08-13 09:31 | Report Abuse

div news this year also usually this month. Interim Dividend

YTL CORPORATION BERHAD
EX-date25 Oct 2019Entitlement date29 Oct 2019Entitlement time05:00 PMEntitlement subjectInterim DividendEntitlement descriptionInterim single tier dividend of 4.0 sen per ordinary share in respect of the financial year ended 30 June 2019Period of interest payment  to  Financial Year End30 Jun 2019Share transfer book

Good123

25,229 posts

Posted by Good123 > 2020-08-13 09:33 | Report Abuse

ytl corp, news of its subsidiaries, ytlpower,ytlreits n mcement

Good123

25,229 posts

Posted by Good123 > 2020-08-13 09:35 | Report Abuse

will rebound stronger probably. dividend is OTW

Good123

25,229 posts

Posted by Good123 > 2020-08-13 09:41 | Report Abuse

hope Francis yeoh bagi dividen tunai

Good123

25,229 posts

Posted by Good123 > 2020-08-13 09:44 | Report Abuse

bagi syer Dividen pun ok.pakai tunai untuk share buyback berbaloi undervalued price now

Good123

25,229 posts

Posted by Good123 > 2020-08-13 09:45 | Report Abuse

can I advise u something? :)

Anon1234

51 posts

Posted by Anon1234 > 2020-08-13 10:27 | Report Abuse

No thanks. I prefer wallstreet analysis on this company than local YTL promo.

Good123

25,229 posts

Posted by Good123 > 2020-08-13 12:06 | Report Abuse

receive div in Oct usually. then Dec, decision on HSR :)




The Kuala Lumpur–Singapore high-speed rail ( HSR) is a postponed railway project to link ... In 2006, YTL Corporation, operator of the Express Rail Link in Kuala Lumpur, revived the proposal, with a ...

www.bursamarketplaceL Corporation Berhad - Bursa Marketplace

10 Apr 2019 · Malaysia exploring proposals to reduce KL-SG HSR cost. • YTL one of winners of now deferred High Speed Rail project. • Revival a ...

https://focusmalaysia.my › mainstream

Research house positive on KL-Singapore high speed rail despite ...

1 Jun 2020 and Singaporean governments agreed to resume discussions on the Kuala Lumpur -Singapore High-Speed Rail (HSR) project soon.

Good123

25,229 posts

Posted by Good123 > 2020-08-13 12:08 | Report Abuse

HSR if restarts earlier to stimulate the economy juga possible. berdoalah

Good123

25,229 posts

Posted by Good123 > 2020-08-14 08:17 | Report Abuse

good.ytl owns > than 50% of ytlreits.


PETALING JAYA: The temporary increase in gearing limit will provide Malaysian real estate investment trusts (REITs) with better cash flow flexibility, amid the challenging operating environment during the Covid-19 pandemic.

AmInvestment Bank said in a report that REIT managers would also be able to manage their debt and capital structures more efficiently following the gearing limit increase.

“Based on the latest financial results, REITs under our coverage namely YTL REIT and Pavilion REIT have gearing of 40% and 30%, respectively, while KIP REIT’s gearing stands at 34%.”

The Securities Commission has temporarily increased the gearing limit for local REITs to 60% from 50%, up to Dec 31,2022.

Maybank Investment Bank Research (Maybank IB) said it is “neutral” on the temporary regulation change.

“Although we do not discount the possibility of higher REITs gearing in 2020 due to devaluation of property values (attributed to the Covid-19 pandemic that resulted in significant rental income drop), we note that majority of local REITs do not possess high gearing, ” it said in a report.

The research house said seven out of 18 REITs have gross gearing above 0.4-times, out of which only two have gross gearing of above 0.45-times, namely Al-Salam REIT and AmFirst REIT.

“Meanwhile, we believe most REITs would maintain their prudent capital management and would not be aggressively acquiring assets (via debt funding) in conjunction with the temporary regulation change.”

Maybank IB said it liked Axis REIT for its industrial asset exposure, which entails resilient rental income and lower occupancy risks.

Rate pressure: People visit and outlets at a shopping mall in Kuala Lumpur. The new normal of social distancing may pose pressure to occupancy rates and rental reversion prospects for the retail segment in the immediate quarters.

Additionally, the research house said it remained cautious on the oversupply of retail and office space in the Klang Valley, which could exert pressure on occupancy rates and/or positive rental reversions.

It said this, in turn, could increase the downside risks to distribution per unit (DPU).

“We believe interest rate hikes would lower REITs’ profitability (higher finance costs) and deter acquisitions (more expensive to fund acquisitions via borrowings).”

Meanwhile, TA Securities in an earlier report said the new normal of social distancing may pose pressure to occupancy rates and rental reversion prospects for the retail segment in the immediate quarters.

“We also believe mall owners will review tenants’ requests on a case-by-case basis and will provide appropriate rental support to non-essential retail tenants during this difficult period. As such, the rental relief/support set aside for affected tenants is expected to weigh down the REITs’ performance in the coming quarters.

“As for the hospitality business, we expect further declines in room occupancy and we foresee this could go beyond the recovery movement control order period, should the global lockdowns and international border controls remain in effect.”

Pursuant to the business disruptions arising from the movement control order, the research house said it expected 2020 DPU to come in substantially lower than last year, caused by substantial loss of income for the retail and hospitality segments.

Anon1234

51 posts

Posted by Anon1234 > 2020-08-15 10:43 | Report Abuse

Jordan power project delayed by 2 years + Wessex Water earnings decline. Target price lowered to 70 Sen from 80 Sen.

https://www.thestar.com.my/business/business-news/2020/08/13/earnings-recovery-seen-for-ytl-power

NGWAIKUAN

67 posts

Posted by NGWAIKUAN > 2020-08-18 21:28 | Report Abuse

Downtrend

Good123

25,229 posts

Posted by Good123 > 2020-08-19 11:30 | Report Abuse

should fly again after announcing Dividend

Good123

25,229 posts

Posted by Good123 > 2020-08-19 11:50 | Report Abuse

Interim Dividend

YTL CORPORATION BERHAD
EX-date25 Oct 2019Entitlement date29 Oct 2019Entitlement time05:00 PMEntitlement subjectInterim DividendEntitlement descriptionInterim single tier dividend of 4.0 sen per ordinary share in respect of the financial year ended 30 June 2019Period of interest payment  to  Financial Year End30 Jun 2019Share transfer book

Good123

25,229 posts

Posted by Good123 > 2020-08-19 11:51 | Report Abuse

Dividend, announce on aug 29 yearly. sabar

Good123

25,229 posts

Posted by Good123 > 2020-08-19 15:03 | Report Abuse

once declared Dividend, say, on 29 aug , dijangka naik terus :)

NGWAIKUAN

67 posts

Posted by NGWAIKUAN > 2020-08-19 18:15 | Report Abuse

Maybe qr result is bad

Anon1234

51 posts

Posted by Anon1234 > 2020-08-20 09:53 | Report Abuse

Let’s hope Good113 correct and div saves price decline

Good123

25,229 posts

Posted by Good123 > 2020-08-20 16:33 | Report Abuse

In a July 28 note, MIDF Research says it expects the outlook for new property sales to improve gradually in the second half of the year, thanks to incentives offered under the Short-Term Economic Recovery Plan (Penjana). “We expect the incentives to stimulate buying interest and support new property sales.”

Data from the National Property Information Centre (Napic) shows that unsold completed residential units in Malaysia eased for four consecutive quarters, from 2Q2019 to 1Q2020. The number of unsold completed residential units stood at 29,698, down 3.2% quarter on quarter and 9.8% year on year.

Good123

25,229 posts

Posted by Good123 > 2020-08-21 08:28 | Report Abuse



Australian S

Good123

25,229 posts

Posted by Good123 > 2020-08-21 10:02 | Report Abuse



“The YTL Group values heritage assets. We are in pursuit of sustainable development and we are always passionate about conservation and re-purposing a place with valued heritage, ” Yeoh said. (File pic shows work in progress: YTL Land

Good123

25,229 posts

Posted by Good123 > 2020-08-21 10:02 | Report Abuse

up again so early

Good123

25,229 posts

Posted by Good123 > 2020-08-21 21:58 | Report Abuse

investors stay, traders jualbeli :)

Good123

25,229 posts

Posted by Good123 > 2020-08-22 07:24 | Report Abuse



The Dow Jones Industrial Average rose 190.6 points, or 0.69%, to 27,930.33. The S

Lee_CK

233 posts

Posted by Lee_CK > 2020-08-22 16:38 | Report Abuse

Good news.

Posted by Huntercrazy > 2020-08-23 16:25 | Report Abuse

Slow slow trap

Good123

25,229 posts

Posted by Good123 > 2020-08-24 05:45 | Report Abuse

HSR- start date to be known in Dec 2020? approaching? :)

DreamKaiser

1,249 posts

Posted by DreamKaiser > 2020-08-24 06:25 | Report Abuse

uo 1.45% only

DreamKaiser

1,249 posts

Posted by DreamKaiser > 2020-08-24 06:26 | Report Abuse

kasi up lebih sikit lagi la

DreamKaiser

1,249 posts

Posted by DreamKaiser > 2020-08-24 06:27 | Report Abuse

baru la boleh tarik itu new investors lai mari sini la

Good123

25,229 posts

Posted by Good123 > 2020-08-24 10:01 | Report Abuse

ytl , good proposition, collect Dividend and HSR news next

JK22

1,789 posts

Posted by JK22 > 2020-08-24 15:34 | Report Abuse

i bought high but some how i hope it go lower so i can average down , instead of price going up now.

Anon1234

51 posts

Posted by Anon1234 > 2020-08-24 23:47 | Report Abuse

HSR will save this counter? Debt still high. Other projects delayed or produce lower margins. Hope you are right.

Good123

25,229 posts

Posted by Good123 > 2020-08-26 06:46 | Report Abuse



Europe's broad FTSEurofirst 300 index fell 0.32% to 1,434.94, while MSCI's all-country world index rose 0.34% to close at 579.20 - less than 2 points from an all-time peak for the global benchmark reached in February. Wall Street was mixed. The Dow Jones Industrial Average fell 0.21%, the S

Good123

25,229 posts

Posted by Good123 > 2020-08-26 07:26 | Report Abuse



"We're looking for chinks in its armour, crucial pieces of the virus that we can use to construct the vaccine to direct the immune response in the right direction," Jonathan Heeney, head of the Laboratory of Viral Zoonotics at the University of Cambridge (pic), said.

LONDON: The University of Cambridge is aiming to start clinical trials of its possible coronavirus vaccine in the autumn after it received 1.9 million pounds ($2.5 million) in funding from the British government, the university said on Wednesday.

The scientists behind the vaccine said their approach, which uses genetic sequences of all known coronaviruses to hone the immune response, could help avoid the adverse effects of a hyper-inflammatory immune response.

"We're looking for chinks in its armour, crucial pieces of the virus that we can use to construct the vaccine to direct the immune response in the right direction," Jonathan Heeney, head of the Laboratory of Viral Zoonotics at the University of Cambridge, said.

"Ultimately we aim to make a vaccine that will not only protect from SARS-CoV-2, but also other related coronaviruses that may spill over from animals to humans."

No vaccine against the SARS-CoV-2 coronavirus which causes COVID-19 has yet been proven clinically effective, though 30 that use a range of technologies are in human trials already.

The Cambridge candidate, DIOS-CoVax2, is DNA based. Computer-generated antigen structures are encoded by synthetic genes, which can then re-programme the body's immune system to produce antibodies against the coronavirus.

This DNA vector method has been shown to be safe and effective at stimulating an immune response in other pathogens in early stage trials, the university said.

Although it is operating at a later timetable than some other vaccine candidates, the DIOS-CoVax2 shot would not need to be stored at cold temperatures and could be delivered without needles, possibly making the widespread distribution of the vaccine easier.

"This could be a major breakthrough in being able to give a future vaccine to huge numbers of people across the world," said Saul Faust, Director of the NIHR Southampton Clinical Research Facility.

($1 = 0.7611 pounds)

- Reuters

Good123

25,229 posts

Posted by Good123 > 2020-08-26 09:24 | Report Abuse

good move last time to swap shares ytl-ytlland :)

The YTL Group values heritage assets. We are in pursuit of sustainable development and we are always passionate about conservation and re-purposing a place with valued heritage, ” Yeoh said. (File pic shows work in progress: YTL Land

tew66666

289 posts

Posted by tew66666 > 2020-08-26 10:35 | Report Abuse

Sailang YTl. All in.

Posted by DreamGladiator > 2020-08-26 10:35 | Report Abuse

uo 0.75% only

Posted by DreamGladiator > 2020-08-26 10:35 | Report Abuse

okay also la

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