Fear of covid19 resurgence is high, but its very unlikely gomen will wanna force shut the industries. Lives need to continue, gomen also on fractured support in suspended parliament. Around the world, gomens have been opening up because there are many vaccine alternatives out there. It is an unpopular opinion in Malaysia, but you cant continue MCO hoping to keep deaths at super low rates. We can try, but life has to return to pre-covid. Measures like social distancing, good hygiene and vaccinating yourself will be the norm moving forward. No politician in Malaysia will say it openly cos its politics, but they know the days of MCO are gone. People can't be totally restricted, companies need to operate, businesses have to go on. You can control border movements and impose stringent rules like during Ramadan bazaars, but no politician will want Malaysia to return to March 2020, regardless of how high the cases go back. If they do, I think an election campaign is going on to show who cares more and who did more.
My 2 cents only . YTL CEMENT might privatise MCEMENT . It is only need 23 % which is approx. RM575 mil to do it . YTL Cement will have RM2b cash. If the privatisation happens, eventually the whole cement entity will be under YTL Corp, like YTL property that was privatised years ago . To me , YTL CORP will be there always , but the subsidiaries can be changed depending on the corporate exercise.
C video. KYM is 1 of cement packaging supplier for cement industry and also for YTL. This kind of supplier is very limited in Malaysia. And current paper packaging supplies also expensive. Will KYM be next target? If company want to control raw materials cost
Besides cash reserve, must also take into account the debts and gearing since after privatisation of subsidiary with more asset values but also higher liabilities directly
Currently the YTL's market cap is RM7.56B. Compared to it's cash research of RM12.9B(10.9+2), YTL is extremely undervalued now. Just based on current cash reserves RM10.9B, the share price should be RM1, if based on future value of cash research RM12B, share price is RM1.20. Plus in all other assets and Mcement shares value, share price should be even higher. It is an extremely undervalued company.
jeff3880..like cchcch said, ytlc will always be here while subsidiaries can be taken private. with so much cash in hand francis will be looking for some good ventures when the time is right.
Should we switch for company related business to cement industry like KYM? this company is supplying cement bags to YTL & LAFARGE. KYM today seen volume build up.
My TP for YTL is always RM1. Just needs more traffic on this counter, the consolidation news is good and by the next QR, we can see that just happening .
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Xcalibre
491 posts
Posted by Xcalibre > 2021-04-16 10:53 | Report Abuse
Vaccine doesn't give you full protection....