While cement prices had continued to rise, the pace of the monthly increase had slowed.
MIDF Research noted that the average price of the building material rose for the eighth consecutive month in June by 0.22% m-o-m – its slowest pace of monthly increase since December 2022, to RM22.87 per 50kg bag.
“This was on the back of higher selling prices and lower rebates offered due to higher raw materials cost,” it said.
It noted that the northern region of the Peninsula recorded the highest increase by 1.4% m-o-m to RM22.57 for every 50kg bag, while the central and eastern region rose 0.1% m-o-m and 0.4% m-o-m, respectively, to RM22.03 and RM22.49.
Cement prices remained unchanged in Sabah and Sarawak at RM23.12 per 50kg bag.
Its logic for Francis to take over YTLp via share swap before unlock Power seraya and Wessex water. To make share swap attractive, YTL share need to outperfrom and higher than YTLP for 1 to 1 swap
To support YTL share to outperfrom YTLP, its other division need to perfrom now, construction (MRT3 + HSR), buidling material and cement (YTL cement . Mcement), REITS (starhill and YTL hos) + property (YTL land) + unlock Japan prime landbank
To make 1 for 1 share swap, YTL share need to trade higher than YTLP to make offer attractive. Already, i believe many YTLP shareholder are opt to swap to YTL beforehand now to enjoy higher YTL share price later
Upcoming, many catayst to propel YTL share price higher. Earning contribution ratio may change from current YTLP (60%): others (40%) to YTLP (40%): Others (60%)
1. MRT3 civil contract 2. MRT3 train system contract 3. HSR concession cum construction orderbook 4. Cement and building material (Mcement to report massive EPS hike and maiden dividend is expected) 5. Unlocking Japan landbank, peripheral asset 6. REITS to report massive EPS due to revaluation surplus 7. YTLP to report further increase EPS due to wessex water hike and Power seraya 8. Currency strength
The term 'share swap' is such that two entities agree to exchange the equity-based asset of one with that of the other. YTL shares have to be jacked up to RM1.25 to have a one-to-one share swap with YTLPOWER.
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....
speakup
25,658 posts
Posted by speakup > 2023-07-12 21:44 | Report Abuse
who knows, speakup may get a job in Singapore once HSR completed