before break 1.00 pun naik, turun ,naik, many shaken to sell, then 1.10 pun sama, naik,turun , naik, many shaken to sell, then 1.20 pun sama , naik,turun ,naik, many shaken to sell, then 1.30 pun sama, naik, turun naik..many shaken to sell.. and now 1.40 to be continue
I let go of YTL already, after getting net capital gains after all expenses and commissions equal to 19 years worth of dividend by holding for only a few short months :-). I'm happy.
The dividend announced are Interim Dividend for both YTL and YTL Power instead of Final Dividend. Can anybody who knows clarify on this. Dragon328, what is your comment on this. Thanks.
@CommonMan, just "MAY", no guarantee. Some companies just don't like to call a divvy "final" because it sorta like ties them up, restricts them for declaring further divvy for that financial year. You can have company that pay 4 divvies a year and they call each and every one of them, including the 4th, as "interim".
@CommonMan, I think this 3.5 sen dividend for YTL Power and 4.0 sen dividend for YTL are likely the final dividend for FY2023. Typically they announce the final dividend at the 4th quarter result.
The reason that YTLP was not able to declare higher dividend for this FY2023 is likely because they need to use the cash to pare down some debts at PowerSeraya and reserve some cash for new projects like the green data centre and solar power farm. Once such allocation is complete, coupled with continued strong earnings from PowerSeraya in FY2024, I think YTLP will have no issue of declaring dividend of 15 sen for FY2024 and YTL to declare 9.5 sen dividend for FY2024.
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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....
loribalak
149 posts
Posted by loribalak > 2023-08-23 11:09 | Report Abuse
Rest before the pump on Friday