UBS had a direct stake of 0.44% in YTL Power and another 3.12% via Credit Suisse as of 30 June 2023.
UBS may adjust its investment portfolio after it fully took over Credit Suisse, no one knows whether it will pare down further stakes in YTL or increase stakes in YTL Power.
It does not matter, now local funds are big buyers of both YTL and YTL Power shares. Plus company share buyback and buying from Yeoh Tiong Lay & Sons Sdn Bhd, it should have strong support to share price.
No need to make a big fuss on UBS ceasing to be a substantial shareholder of YTL. It still holds 4%+ stakes in YTL and 3.5% in YTL Power. We don't know its next move.
It may start adding back YTL once HSR news gains traction or adding shares in YTL Power or MCement.
You simply cannot imply much from just one event. Similarly those traders who over-reacted to one quarter of weak results from YTL Power may regret now as share price shoots past RM5.00 again and may scale new highs months later. Long term investors need not worry too much about such volatility.
For DC to materialise injection of huge fund and resources is needed. The one who completel th project fastest and start collection of fee will be the winner. Before that we need Building which will be easy if the company has a construction arm. Secondly it need electronic and AI chips. Then it needs the wiring , switch boards, voltage varying devices, and other electric devices which is pwrwell speciality. Now Ah Yeo, Ah Mah, Ah Pah ,Ah Sime, Ah google, Ah Beng etc all want to set up DC. Pwrwell will get contracts with billions not millions like the present. Pwrwell will get contracts, completing them and earn billions. Then only the Ah,Ah,Ah scramble to fight among themselves where earnings depends on the fittest. In Canifonia where there was a gold rush . Many people go there hoping to get rich. Do u know who made the most profit. It is the equipment sellers like sell spade, pump, pail etc. Pwrwell is like the tools and equipment seller
The guy that keep pressing down the price back to 3.62 really deserve a salute. Each time the price rises to 3.63, within 10 seconds sure will sell down 100 units to push back to 3.62
One guy from Reko, Kajang made Rm300,000 from Share market trading RM300K was big money in those days
After having made Rm300K (or Rm1 to Rm3 million in today's money) he decided to cash out and bought a piece of land in Jalan Reko, Kajang to lock into REAL ASSET VALUE (LANDS!!!)
Then Asian Financial Crisis Hit Many went bankrupted
This guy built a Shop on his land to sell Electrical Stuff
He did very well
NOW IF YOU WANT TO PRESERVE YOUR PROFITS
CAN CONSIDER BUYING AND HOLDING TSH RESOURCES (9059)
Final decision is yours
TSH RESOURCES (9059) PRIME GOLDMINE LANDS SELLING AT LESS THAN RUBBISH PRICES (NOW I KNOW WHY WARREN BUFFET SAID, "I KNOW I WILL BE RICH"!!
calvin u are here now promoting ur tsh..... LOL what happened? how bout your DC promos? Why not focus on these? You forgot to mention TSH land bank :-)
IWCity (1589.KL) Biggest Laggard In Johor Property Boom
Over the weekend, The Edge Weekly featured a 200-pager Special Edition titled “JOHOR READY FOR THE BIG LEAP”. Johor since the middle of last year had been the hotbed of investment be it property counters and the involvement in Data Centre Theme. Share prices with exposure to Johor were sure hits for these 18 months. The main catalyst is none other than the sheer amount of FDIs pouring into the state. In addition to the big policy moves to formulate and execute business-friendly decisions in spearheading the state’s economic growth.
Quoting Datuk Ho Kay Tat (Publisher & Group CEO of The Edge)
Publisher’s Note [THE STARS MAY FINALLY BE ALIGNED FOR JOHOR]
“In 2006, Malaysia launched the Iskandar development project to try and push things forward for Johor, but progress has not been as good as hoped and one reason is because of the cool response from Singapore.
But this appears to have changed recently, and there is now bullish optimism in the air because of closer government-to-government cooperation that has enabled things to move. The collaborative construction of the Rapid Transit System Link (RTS Link) from Woodlands in Singapore to Bukit Chagar in the heart of Johor Bahru and the creation of the Johor-Singapore Special Economic Zone will be game changers.
Another factor is that Johor’s Sultan Ibrahim is now the King of Malaysia and His Majesty will definitely give an added push to make things happen sooner, rather than later
For Johor, the stars may finally be aligned”
In a RHB Report dated 13 May 2024 Titled [Real Estate - JS-SEZ: The New Chapter of Iskandar Malaysia] mentioned a list of major landowners in Iskandar Malaysia. Further extrapolating from the list, the table below shows the share price performances of these landowners.
To many investors' surprise, IWCity is the only company that printed a negative return on share price with a meagre -0.6% contraction. The average YTD return for companies with land banks in Iskandar Malaysia Region was +49.8% and even more on a 1-Year measurement.
Surging property prices in Johor as seen from recent transactions with KSL, Paragon Globe, Crescendo and AME Elite are some of the anecdotal evidence that land prices are indeed moving up. Hence, one needs to take a closer look at IWCity as it lags behind its peers by a far margin. Hence, an opportunity for the late comers to catch up with very low downside risks.
i hope im not selfish saying this..... i want ytl and ytlp to stay depressed, as my funds for top-ups coming soon, and dont want price to go up before that :-) LOL .... rest assured all potentials are still intact... including sing kl high-speed rail ....
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....
Why_
788 posts
Posted by Why_ > 1 month ago | Report Abuse
Who buy RM 5 Ytl Power if not UBS or other foreign funds?