no idea what happened after 4:50pm but something in brewing..... if only u brew kao kao the day after report out many more would be willing to help push price up haha
actually nvm, been here before... not sure last year when suddenly last minute most blue chip counters last minute huge volume buy, following day drop back.....
Only "not so smart" believe all these awards. Most of smarties know awards goes to the highest bidder and sponsors. Or else, where the organisation fund itself
see the 5g news can impact the price or not... because digital bank license no feel..... i dont have much hope, but still its a recovering stock in a bear market
Be patient and be positive. I know many investors have got stuck in this counter and YTL Power for too long. I have a friend who lost half of the value invested in YTLPower at around RM1.50 few years back. If you have been holding them for months, just hold for another few more months then you will see the share price rebound will finally be coming.
foreign funds pulling out while US Fed is aggressively raising interest rates, local institutions are keeping cash high, retailers stay at sidelines or get stuck with gloves, plantation, oil & gas, utilities, tech stocks, consumers, telcos, etc. Nothing is spared this round.
We need to wait till things get clearer and inflation get under control before funds will flow into stocks again. YTL earnings will remain resilient even under high inflation environment. Good time to accumulate more on weakness.
I saw almost full booking at The Ritz Carlton hotel in May-June, and can expect similar activities in other hotels, so I think YTLREIT should have done well for the June qtr
Hopefully 3 hotels at Australia are equally good as Ritz Carlton hotel at KL. The 3 hotels managed by Ytlreit themselves and the rest are sublet to other operator at fixed rate.
The rental variation agreement between YTLREIT and its various hotels has ended in June 2022, so we can expect higher rental income from these hotels over next 7 years on staggered basis to support 8% to 9% dividend yield of YTLREIT in next few years.
Due to Covid-19 outbreak, hotel business took a plunge in 2020 and YTLREIT foresaw that its hotels would not be able to pay the lease according to the master lease agreement during the pandemic, hence they decided to grant a 2-year grace period (Jun 2020 - Jun 2022) to defer part of the rental payments from the hotels. Now the pandemic is largely over and hotel business is almost back to 80% of pre-pandemic level. It is time for these hotels to start repaying the deferred payments on a staggered basis over the next 7 years.
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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....
OnTime
2,072 posts
Posted by OnTime > 2022-05-28 15:45 | Report Abuse
they need to keep the profit for more acquisitions and pare down debts