Posted by cwc1981 > 2023-06-08 15:26 | Report Abuse

Wow that's good

Posted by cwc1981 > 2023-06-08 15:30 | Report Abuse

Seems like everyone is raising the TP for YTL. BursaMkt also raise TP to RM 1.17

Posted by dompeilee > 2023-06-08 16:46 | Report Abuse

A lot of short-covering @ 92c noted heading into the close...

Posted by dompeilee > 2023-06-08 16:51 | Report Abuse

But the volumes are humongous...need huge foreign firepower to move the stock price by even 1c now the hopeless local funds are in full retreat & retailers are impotent.

Posted by soon9913 > 2023-06-08 17:15 | Report Abuse

i think fund managers are goreng this stock .. everyday also top volume

Posted by soon9913 > 2023-06-08 17:21 | Report Abuse

ady 1 wk top active counter, becareful sudden drop if the manager runaway

Posted by dragon328 > 2023-06-08 21:16 | Report Abuse

pang72, I sent you the CIMB reports on YTL and MCement. Pls check your message inbox

Posted by Pinky > 2023-06-08 22:01 | Report Abuse

Finally got big IB doing coverage on YTL!

Posted by Sami_Value > 2023-06-09 09:44 | Report Abuse

no need camp here, after June 23 ended, we come back

Posted by ChloeTai > 2023-06-09 14:06 | Report Abuse

CGS CIMB, June 7, 2023
• Reiterate Add with a higher SOP-based TP of RM1.28 as we lift our FY23-25F EPS by 12-64% on better earnings for YTL Power and MCement.
• YTL is an underappreciated cash-generating conglomerate with utilities, cement and construction as its medium-term growth engines.
• Construction opportunities include MRT, industrial warehouses and HSR.
We reiterate our Add rating on YTL and maintain it as one of our top picks. Given its strong 3QFY23 earnings driven by cement and utilities, we are raising our FY23F-FY23F EPS by 12-64% to factor in our revised earnings forecasts for YTL Power and MCement.
In line with the increase in our earnings forecasts, we also lift our SOP-derived TP to RM1.28 from RM1.00 previously. This factors in
i) Our higher TP of RM1.70 for YTL Power (vs. RM1.40 previously)
ii) Our higher TP of RM5.08 for MCement (vs. RM3.97 previously)
iii) Valuation of its construction business based on a sustainable orderbook of RM6bn and pretax margin of 5% for FY23F-26F which we think is fair given its current orderbook of RM3bn as at end- 3QFY23 and promising prospects for new orders from internal property projects, MRT 3 and other industrial warehouse projects. We used a FY25F P/E of 12x construction profits previously.

What’s the attraction of YTL?
(1) Construction flows to pick up, HSR an added bonus
(2) Cement business on a stronger footing
(3) Data centres: another growth engine and housed under YTL Power

https://www.ytl.com/shownews.asp?newsID=5198&cID=1&category=analysts

Posted by Jack888 > 2023-06-09 14:51 | Report Abuse

今天成交量低....沒戲看.

Posted by dompeilee > 2023-06-09 16:48 | Report Abuse

Substantial SHORT interest being covered back @ the last minute lol

Posted by dompeilee > 2023-06-09 17:05 | Report Abuse

EPF really BO LUI...even dumping their pet banking stock RHB lol

Posted by Jack888 > 2023-06-12 11:11 | Report Abuse

can accumulate now ??? over 0.95 cts !!!

Posted by Pinky > 2023-06-12 11:31 | Report Abuse

RM1 look imminent

Posted by xiaochen > 2023-06-12 12:16 | Report Abuse

sapu a bit at 95 cents.
Hopefully mother run faster than son.

Posted by cwc1981 > 2023-06-12 15:18 | Report Abuse

Wah look at the buying queue. So many buyer

Posted by hng33 > 2023-06-12 15:26 | Report Abuse

bought back ytl at 95sen

Posted by hng33 > 2023-06-12 15:27 | Report Abuse

TA is bullish, heading to breakout RM 1.00

Posted by wahidul > 2023-06-12 15:53 | Report Abuse

add some more at 96sen

Posted by ChloeTai > 2023-06-12 16:09 | Report Abuse

EPF still selling heavily on both YTL and YTLPOWR.

Posted by PaiKia > 2023-06-12 16:16 | Report Abuse

how you know EPF selling?

Posted by ChloeTai > 2023-06-12 16:24 | Report Abuse

PaiKia, Can you please look the comments in the YTLPOWER forum.

Posted by cwc1981 > 2023-06-12 16:37 | Report Abuse

EPF also need to make money to pay dividend

Posted by ChloeTai > 2023-06-12 17:01 | Report Abuse

En Wahidul, EPF has seased to be a substantial share holder in both YTL and YTLPOWER. That means EPF has less than 5% shares left. The balance 5% shares left is still a lot. EPF still has more shares left in YTLPOWER as compared to YTL.

Posted by ChloeTai > 2023-06-12 17:05 | Report Abuse

EPF wants to sell all shares in YTL and YTLPOWER. They need cash. According to one forumer, it will take around 80 days to still all shares. Got to wait until end of August.

Posted by ChloeTai > 2023-06-12 17:11 | Report Abuse

The good thing today is YTL closed at 0.95/0.955 (nearer to RM1) while YTLPOWER dropped only by 1 sen despite the heavy selling by EPF.

Posted by ChloeTai > 2023-06-12 17:12 | Report Abuse

Knowing that EPF is selling heavily, short sellings were also done by stockists. This makes situations worse.

Posted by PaiKia > 2023-06-12 17:30 | Report Abuse

if EPF no longer substantial share holder in YTL, there will be announcement. Where is the announcement?

Posted by cruger12345 > 2023-06-12 18:43 | Report Abuse

Pai kia … don’t just simply scream here . Go check the announcement history EPF NONLONGER sub share holder months ago …

Posted by ChloeTai > 2023-06-12 20:39 | Report Abuse

https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=4677

The above is a very good link. It shows the company quarterly earnings so that we can compare YoY and QoQ. It also shows all the announcements made by the company (We can see how EPF heavily selling the YTL shares. When they are the substantial shareholder, they must report the number of shares they disposed. When the are no longer substantial shareholder, they don't have to announced. So, we don't know what EPF is doing). It also includes highlights/news about the company (e.g. by THE EDGE). Just change the code (last four digits) and you can see the same contents of other companies.

Posted by Kicapmanis > 2023-06-13 00:50 | Report Abuse

Why the sudden influx buy today..regret not grabbing some when at 92 last friday

Posted by hng33 > 2023-06-13 09:41 | Report Abuse

use margin line, sapu all ytl at 93.5sen

Posted by hng33 > 2023-06-13 09:59 | Report Abuse

YTL bid is lowest in MRT3 above ground track, likely due to its low cost land holding via YTL land in sentul and in house supply chain building material concrete precast and cement.

Posted by ValueInvestor888 > 2023-06-13 10:23 | Report Abuse

wow hng33 so confidence in YTL...

Posted by hng33 > 2023-06-13 10:47 | Report Abuse

Reenter back ytl after notice cimb report on ytl, high odds to secure RM 11 billion MRT3 above ground package due to ytl capability bid at lowest cost

Posted by hng33 > 2023-06-13 10:53 | Report Abuse

Surplus cash flow from singapore property also added + enable ytl to declare higher dividend at least 6sen

Posted by hng33 > 2023-06-13 11:08 | Report Abuse

Pick ytl mainly for upcoming Mrt3 award and hsr tender and incoming high dividend on top of full coverage under ytlp, mcement, reits

Posted by hng33 > 2023-06-13 13:58 | Report Abuse

Ytl bid is the lowest at RM 10.8billion, while IJM is second lowest at RM 11.8 billion.

But some may still think ijm may win due to experience its in MRT and MRT2, but YTL too have long experience in ERL and double track train which anchor it as previous HSR winner.

The most important is that gov wan MRT3 to cut total budget cost by RM 5 billon from RM 50 bilion to RM 45 billion.

Therefore, through YTL, gov at least able to save budget by RM 1 bilion or 20% of targeted cut cost of RM 5 bilion

Posted by hng33 > 2023-06-13 14:04 | Report Abuse

For HSR, ytl propose is concessions business model, private funded in exchange for long concessions operation.

The viability concessions buisness model is supported likelihood replacement for air freight strong demand between KL to senai and KL to singapore

Posted by cwc1981 > 2023-06-13 16:07 | Report Abuse

Agreed but somehow the resistance is very strong at 96

Posted by cwc1981 > 2023-06-13 16:08 | Report Abuse

Each time reached 96 get pull down again

Posted by cwc1981 > 2023-06-13 16:09 | Report Abuse

But eventually will reach RM 1. Looking at the buying interest

Posted by ChloeTai > 2023-06-13 17:20 | Report Abuse

This morning I thought both YTL and YTLPOWER will be green but instead they are in a sea of red together with their structured co-warrants. Fortunately the close at white/green.

Posted by ChloeTai > 2023-06-13 17:25 | Report Abuse

Tonight 8.30 pm, USA CPI (inflation) reading will be released. They expect a 4.1 reading as compared to 4.9 the previous month. I am doubtful it can drop so much to 4.1. See how. Thursday (Malaysia time 2.30 morning), the Federal Reserve will announce to pause rate hikes or to raise another 25 basis point.

Posted by hng33 > 2023-06-14 09:42 | Report Abuse

heading toward RM 1.00

Posted by ChloeTai > 2023-06-14 10:23 | Report Abuse

Every day at 0.965/0.97, it will pull back.

Posted by cwc1981 > 2023-06-14 10:25 | Report Abuse

Yalo

Posted by cwc1981 > 2023-06-14 10:25 | Report Abuse

Sure got ppl sell down once reach 96

Posted by hng33 > 2023-06-14 11:22 | Report Abuse

Upcoming award MRT3 worth package RM 10.8 billion will be major key catalyst to breakout RM 1.00 decisively