A decisive break of supply zone 2.32 area will see a quick spike to retest 2.42 area again, Will need super strong volume momentum to break through the 2.42 rock hard resistance
All lot of retailers have reduced thier position after last week shake out. Balance lots now hold for the lon term. it's a part and parcel of trading. Cheers for the YTL /YTLP believers
A bullish short handle long head hammer candlestick is in the formation, so far ! Eventhough, I don’t have any YTL shares, I still keep track of it. Who knows I may change my mind about my YTLp stock, later on.
Ytlp has attracted more sustain buying because of its upcoming JV with Nvidea. Once HSR announcement I believed YTL will follow suit. Just be patient and sit tight for more positive news flow
Needs to wait at least 3-4 months before PM will announced the result. MyHSR corp is the government appointed agency coordinating the project. RFI { dateline submission }closed last week {15 Jan } short listed companies will then submit their RFP for evaluation. The Cabinet and PM office will decide , select and finalized the successful consortium and company. Plenty of time to speculate and goreng the counters. Estimate cost of the projects is between 100Billion to 120 Billion { biggest on record excluding any agreed terms for higher , increased or escalated construction costs
YTL could be a front-runner given it was the original HSR promoter in 2008-2009 and was in 2018 appointed as project delivery partner (PDP) for HSR’s southern section, its experience in running the express rail link (ERL) and construction of Gemas-Johor Bahru double tracking, its cement arm MCement provides synergistic benefits
Fantastic! Let's continue to welcome all the positive comments. Wishing the best of luck to those of us aiming for a successful return on our hard-earned Ringgit.
... However, the project was reportedly objected to by 32 highway toll concessionaires, claiming that the government had awarded it directly to a private company, YTL Corporation Bhd, without consulting the concession company that would finance its implementation.
Bison bull. The objections was raised by Tough & Go {at that point of time} the only card payment accepted at all the highways. Cash was phase out { by the high way operators } but during holidays season the free flow of the toll cards operated was jam due to in sufficient cash, card failures, the inadequate lanes for smart tag and the RFID sensor.. Touch & Go has stop the sale of smart tag to promote their RFID. Motorist question why the restrictions of other forms of payment except for touch & go. The proposal was drawn up based on our Southern neighbours electronic multi payment channels but operated by a single clearing company like a clearing house. Teras technology developed the payment card and Rangkaian Segar Sdn bhd { now known as Touch & "Go sdn bhd} operated the system. Touch & Go is a wholly owned subsidiary of CIMB group thru a joint venture with TNG and Ant group { TNGD}
Good news - ERL concession will be extended by another 30 years and ticket price will be market driven. It will pave the way for ERL to turn around and generate profits for years to come
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Posted by pang72 > 2024-01-19 17:02 | Report Abuse
Nvidia is in all time high breaking usd571... So do ytlpower will be all time high too..