YTL CORPORATION BHD

KLSE (MYR): YTL (4677)

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Last Price

3.60

Today's Change

-0.08 (2.17%)

Day's Change

3.60 - 3.69

Trading Volume

12,375,000


25 people like this.

15,303 comment(s). Last comment by raymondroy 1 hour ago

paktua73

18,195 posts

Posted by paktua73 > 2023-10-19 11:17 |

Post removed.Why?

klee

3,130 posts

Posted by klee > 2023-10-19 11:29 | Report Abuse

paktua,during trying times like now,it is imperative pmx push the HSR to boost our economy,cant rely too much externally,after all govt is not spending a single sen on hsr as it is a private initiative

paktua73

18,195 posts

Posted by paktua73 > 2023-10-19 11:43 |

Post removed.Why?

M55555

1,016 posts

Posted by M55555 > 2023-10-19 11:45 | Report Abuse

(HSR) project could be the first in the world to be fully funded by the private sector . So only loaded company can do the project.

paktua73

18,195 posts

Posted by paktua73 > 2023-10-19 11:50 |

Post removed.Why?

paktua73

18,195 posts

Posted by paktua73 > 2023-10-19 11:51 |

Post removed.Why?

paktua73

18,195 posts

Posted by paktua73 > 2023-10-19 11:58 |

Post removed.Why?

klee

3,130 posts

Posted by klee > 2023-10-19 12:04 | Report Abuse

paktua,as soon israeli war is near the end mkts will move again,nov to jan are always the best months for mkts,n this war will not last long as the power balance is too lopsided

klee

3,130 posts

Posted by klee > 2023-10-19 12:28 | Report Abuse

ytl n uems green together,looks like Hsr theme,lets go

klee

3,130 posts

Posted by klee > 2023-10-19 13:15 | Report Abuse

From now till nov 15.

cwc1981

1,101 posts

Posted by cwc1981 > 2023-10-19 14:36 | Report Abuse

Less than a month will know

Eagle77

5,446 posts

Posted by Eagle77 > 2023-10-20 05:45 | Report Abuse

TP : 0.90

klee

3,130 posts

Posted by klee > 2023-10-20 11:04 | Report Abuse

sekejap 0.9 sekejap 1.9 kikiki

klee

3,130 posts

Posted by klee > 2023-10-20 11:04 | Report Abuse

ytl has bottomed,eagle gonna amdui

juon

269 posts

Posted by juon > 2023-10-20 11:53 | Report Abuse

kekekekekekke....laugh die me.....eagle so sour now.....he lost a lot I think

klee

3,130 posts

Posted by klee > 2023-10-20 12:30 | Report Abuse

eagle singing 'hotel california' watching ytl naik

klee

3,130 posts

Posted by klee > 2023-10-20 12:31 | Report Abuse

ytl gonna soar like an eagle kikiki

Eagle77

5,446 posts

Posted by Eagle77 > 2023-10-20 14:52 | Report Abuse

Bye! bye! YTL so long 🦅🦅🦅

juon

269 posts

Posted by juon > 2023-10-20 15:00 | Report Abuse

kutpai....fly kite that way eagle....

Jack888

853 posts

Posted by Jack888 > 2023-10-20 15:20 | Report Abuse

Just like a pool of stagnant water...bye..bye.

faralenz77

1,019 posts

Posted by faralenz77 > 2023-10-20 20:44 | Report Abuse

Fish at low and still can get dividend.😊

Volz4321

80 posts

Posted by Volz4321 > 2023-10-20 21:12 | Report Abuse

Will it go up in November

paktua73

18,195 posts

Posted by paktua73 > 2023-10-23 08:40 |

Post removed.Why?

mf

28,068 posts

Posted by mf > 2023-10-23 10:20 | Report Abuse

rip

Jack888

853 posts

Posted by Jack888 > 2023-10-23 10:44 | Report Abuse

High volume... price drop... is not a good sign.

dragon328

2,162 posts

Posted by dragon328 > 2023-10-23 12:42 | Report Abuse

I think the recent drops in YTL share price are due to market disappointment on MRT3 project not included in 2024 budget and the risks of Israel-Palestine conflict escalating.

On the first concern, MRT projects are usually not included in the budget as these are Prasarana projects funded off the balance sheet. As the bid validity has been extended to 31 Dec 2023, I think that MRT3 project award may still come out in next 2 months.

On the second concern, I think the likelihood of Israel-Palestine conflicts escalating to regional war is quite low, as it will not serve US interests well. I expect it to be contained within Gaza strip but only time will tell. Foreign fund managers will sit on the sideline until the situation becomes clearer. Meanwhile, I suspect it is the local shorties who have been pushing down YTL and YTLPower shares for short term gains. However, such net short positions are reducing every week as share price gets lower. Soon the shorties will have to cover their positions.

kl_guy

1,437 posts

Posted by kl_guy > 2023-10-23 14:08 | Report Abuse

look at the chart , macd , RSI and MA 50 on down trend. On volume profile , biggest support at RM0.95-0.935 . pandai pandai lu orang

Sami_Value

430 posts

Posted by Sami_Value > 2023-10-23 15:16 | Report Abuse

Market is discounting for the budget 2024. Any news for HSR & MRT3 will trigger positive surprise.

The YTLP selling is more controlled whereas the YTL is taking more severe beating.

Both YTLP & YTL are actually in the utility sub-sector.

cwc1981

1,101 posts

Posted by cwc1981 > 2023-10-23 16:13 | Report Abuse

good result coming next month

cwc1981

1,101 posts

Posted by cwc1981 > 2023-10-23 16:29 | Report Abuse

HSR RFI going to end Mid Nov. should see positive announcement

cwc1981

1,101 posts

Posted by cwc1981 > 2023-10-23 16:45 | Report Abuse

YTL power expanding solar capacity at Jurong Island to 417Mwatts/hour. expected to complete Sept2024. will contribute SGD500 mil revenue

cwc1981

1,101 posts

Posted by cwc1981 > 2023-10-23 16:45 | Report Abuse

going to reached 2Gigawatts by year 2030

cwc1981

1,101 posts

Posted by cwc1981 > 2023-10-23 17:22 | Report Abuse

Yes agreed. Fear has taken over

cwc1981

1,101 posts

Posted by cwc1981 > 2023-10-23 17:46 | Report Abuse

Everywhere also in chaos

xcu843

1,031 posts

Posted by xcu843 > 2023-10-23 18:06 | Report Abuse

This HSR project keep on delay and don’t know this project still on the track or not. if next month quarterly report not good, you will price below 1 anytime.

dragon328

2,162 posts

Posted by dragon328 > 2023-10-23 20:26 | Report Abuse

The proposed injection of Hotel Stripes in KL from YTL to YTL Hosp REIT for RM138 million has become unconditional. YTL will soon receive cash of RM138 million which will add to its coffer for the proposed RM1.0 billion dividend for FY2024.

dragon328

2,162 posts

Posted by dragon328 > 2023-10-23 20:31 | Report Abuse

Yes there may have been some panic selling in past few days on YTL shares, but I don't see any change in fundamentals. The earnings outlook is still good for next few quarters, operating cashflows remain strong and YTL is on track to distribute RM1.0 billion for FY2024.

MRT3 project award is still on track by end of the year, and HSR is also on track in the RFI stage followed by meeting with Singapore counterpart end of the year or early next year.

MCement is also on track to deliver stronger earnings in coming quarters driven by strong bulk cement selling price and dropping coal prices, irrespective of whether MRT3 or HSR project will go ahead or not.

There are still a number of unlisted assets under YTL to be monetised or injected into the REIT, after the proposed injection of Hotel Stripes is complete.

dragon328

2,162 posts

Posted by dragon328 > 2023-10-23 20:44 | Report Abuse

As of 20 Oct 2023, the net short position on YTL is zero, meaning that shorties have closed out short positions on YTL as its share price has corrected substantially (over 25% from a peak of RM1.71 to now RM1.26), so the downside is limited.

From the chart, I see RM1.28 as a good support which is the 21-week moving average, and expect the weekly close on this Friday to be supported at this level.

dragon328

2,162 posts

Posted by dragon328 > 2023-10-23 20:49 | Report Abuse

The day to day share price fluctuations are hard to predict and hard to explain, affected by many factors mostly speculative actions. As long as the company fundamentals remain strong, earnings higher than last year, dividend on track for 9.0-9.5 sen for FY2024 (which will provide dividend yield of over 7% at share price of RM1.28), I see good chances for YTL share price to rebound in coming months to retest previous high of RM1.71.

That's all I can say. Have a good evening and good luck to all.

paktua73

18,195 posts

Posted by paktua73 > 2023-10-24 09:00 |

Post removed.Why?

KLV868

237 posts

Posted by KLV868 > 2023-10-24 09:35 | Report Abuse

Thanks all for the positive comments, I u-turn from giving up in my good faith at this wild Dream journey. Best of luck to all.

Jack888

853 posts

Posted by Jack888 > 2023-10-24 09:35 | Report Abuse

If can stand above 1.32..1.33 got chance.

cwc1981

1,101 posts

Posted by cwc1981 > 2023-10-24 11:07 | Report Abuse

The fear has retreat. Need sometime to climb back to previous high

kl_guy

1,437 posts

Posted by kl_guy > 2023-10-24 11:18 | Report Abuse

look like a dead cat rebound.

Posted by thedancingbull > 2023-10-24 12:27 | Report Abuse

smart ppl sapu now first. mayb will go down a bit more, then we sapu a bit. slowly it will climb back up, because this is a good company.

klee

3,130 posts

Posted by klee > 2023-10-24 12:30 | Report Abuse

3 more weeks to HSR announcement

CommonMan

31 posts

Posted by CommonMan > 2023-10-24 12:56 | Report Abuse

Concur with Dragon328 and thedancingbull.

https://finance.yahoo.com/news/warren-buffett-explains-why-people-155726275.html

klee

3,130 posts

Posted by klee > 2023-10-24 16:23 | Report Abuse

Last call by HSR bullet train.

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