Posted by cwc1981 > 1 month ago | Report Abuse

Coming liao

Posted by EquityJourneyman > 1 month ago | Report Abuse

Tomorrow goreng is coming ?

Posted by cwc1981 > 1 month ago | Report Abuse

Goreng. Anwar already when to Singapore to meet the PM Wong, they agreed revive the HSR

Posted by cwc1981 > 1 month ago | Report Abuse

https://theedgemalaysia.com/node/715183

Posted by cwc1981 > 1 month ago | Report Abuse

Posted by Ran 271221

Posted by OnTime > 1 month ago | Report Abuse

china coming to talk hsr?

https://www.globaltimes.cn/page/202406/1314026.shtml

Posted by cwc1981 > 1 month ago | Report Abuse

@Ontime. Anything in the Article?

Posted by OnTime > 1 month ago | Report Abuse

just mentioned that chinese premier is coming to visit malaysia in the next few days.

Posted by cwc1981 > 1 month ago | Report Abuse

Oo

Posted by pang72 > 1 month ago | Report Abuse

China Premier visits spark interest in myeg Ztrade and YTL Hsr

Posted by limch > 1 month ago | Report Abuse

HSR even on not govn funded how to be profitable?

Posted by limch > 1 month ago | Report Abuse

HSR if YTL own ticket price RM 1000 for KL-S'pore trip?

Posted by jenson68 > 1 month ago | Report Abuse

Hold saja as more business activities to come , hehe

Posted by redhotpepper > 1 month ago | Report Abuse

Sembang kopi saja, nothing materialise.

Posted by dragon328 > 1 month ago | Report Abuse

@limch, that's why I think YTL will get the HSR project as many other parties do not know how to make it profitable, but YTL does.

Posted by cwc1981 > 1 month ago | Report Abuse

Hi @dragon328 can enlighten a bit?

Posted by Leward88 > 1 month ago | Report Abuse

Singapore willing to listen only, not yet revive.

https://www.thestar.com.my/news/nation/2024/06/12/singapore-willing-to-listen-to-new-proposals-on-hsr-says-lawrence-wong

Posted by cwc1981 > 1 month ago | Report Abuse

https://www.klsescreener.com/v2/news/view/1341363/%E8%B0%A6%E6%B4%8B%E7%81%B0%E6%8B%9F%E5%94%AE%E6%B7%B7%E5%87%9D%E5%9C%9F%E4%B8%9A%E5%8A%A1

Posted by KLV868 > 1 month ago | Report Abuse

Good day, YTL believers!

Room #4 cleaning is almost done. Please be patient and stay firm in your belief in YTL's prosperous prospects.

Posted by dragon328 > 1 month ago | Report Abuse

@cwc1981, I do not have any insight into YTL's HSR proposal but just looking at the past records, I think YTL will be able to make the project feasible because of a few factors:

1) YTL has a long record of good construction work delivery always on time or ahead of schedule, hence saving a lot of costs (manpower, machine hire, interest during construction etc.)

2) YTL has strong construction expertise as several of the Yeoh siblings and sons are civil engineers by discipline, hence can come out with innovative and cost effective construction methods to reduce construction time and costs

3) YTL always comes out with innovative financing methods to fund the construction projects, often based on its strong balance sheet and good track records YTL can get lower interest rates from bank borrowings or issued bonds

4) By having the above advantages, YTL will be able to bring down the construction costs to the minimum and hence require less expensive ticket prices to break even. Furthermore, YTL is in for the long haul and with its strong balance sheet, YTL will be able to withstand small losses in initial years of operations, then recover from higher ticket prices and ridership in later years. A good example is its ERL project, YTL built it at a world-beating price, hence could offer low-priced ticket of RM35 one way between KL Sentral and KLIA. Though ERL suffered small losses in the initial years of operation, but it survived through years of operation at the same low ticket price of RM35 until the government granted an adjustment in the ticket price. Now the project is giving good profits to YTL.

5) YTL has demonstrated its ability to operate world class utility facilities at efficient way, as evidenced from the improved performance of PowerSeraya and Wessex Waters after the take-over by YTL. The way YTL invested in and has managed PowerSeraya has earned confidence from the Singapore government. Furthermore YTL has various investments in Singapore and Malaysia with many business partners and corporate associates, making it easy for YTL to cross sell HSR tickets with its other services in Singapore.

Posted by cwc1981 > 1 month ago | Report Abuse

@dragon 328 thanks

Posted by cwc1981 > 1 month ago | Report Abuse

@dragon hong leong is selling it cement business. Do you see by any possibility YTL acquire? Will it add more profit to it balance sheet?

Posted by Investorrr > 1 month ago | Report Abuse

@Dragon328.YTL would get the contract but will not be the main builder contractor as YTL does not have the technology and funding .
China state contruction company will be the main builder ,main contruction company for the HIgh Speed Train.

Posted by Investorrr > 1 month ago | Report Abuse

our Transport minister went to Hongkong recently main objective was to attract funds from China for the HSR.

Posted by Investorrr > 1 month ago | Report Abuse

a portion of the contract work to be awarded to YTL would be good enough to.propel YTL higher as the Contract for HSR is very big

Posted by Investorrr > 1 month ago | Report Abuse

Malaysia-Singapore High Speed Train is part of China Global one belt one Road.It would eventually alliance and connect to Bangkok and Kunmin.

Posted by Antifanaticracism > 1 month ago | Report Abuse

One consortium will come out with the finance. The hsr will definitely going to be build. It is too important and necessary for the region and Malaysia. Flight frequency between sg and kl is the highest in the world. For same price many will chose hsr

Posted by ValueInvestor888 > 1 month ago | Report Abuse

ytlp hit all time high again...
ytl mother very quiet lately...

Posted by redhotpepper > 1 month ago | Report Abuse

Short lived though....

Posted by dragon328 > 1 month ago | Report Abuse

@cwc1981, I don't expect YTL to bid for Hong Leong's cement business, as MCement already commands a dominant market share of close to 70% of Peninsular's cement market.

Of course, if it were a cheap sale YTL would look at it, but I don't expect Hong Leong to sell cheap.

Posted by dragon328 > 1 month ago | Report Abuse

@Investorrr, yes most likely YTL will be the subcontractor to a China main contractor for the HSR project, just like the model it used to build the JB-Gemas double-track railway where YTL has got over 80% of the total construction work subcontracted from a China main contractor.

YTL has the construction expertise to build the railway and HSR station, and has ample supply of building materials like cement and concrete. YTL also has the balance sheet to take up big construction jobs. Of course the train rolling stock and signalling systems will need to be imported from China/Japan/Germany.

Posted by cwc1981 > 1 month ago | Report Abuse

@dragon328. Yup agreed as Hume cement mother is Hong Leong group so no cheap sale

Posted by cwc1981 > 1 month ago | Report Abuse

Haizz. Never went up but dropped so much compared to power

Posted by Leward88 > 1 month ago | Report Abuse

Beta of YTL is higher than YTLpower today ... What's going on ><

Posted by redhotpepper > 1 month ago | Report Abuse

Ya what the heck happened?

Posted by edcheong > 1 month ago | Report Abuse

Dont worry, buy more.Date of Change Type Number of Shares
07-Jun-2024 Acquired 3,000,000
Registered Name
Yeoh Tiong Lay & Sons Holdings Sdn Bhd
Nature of Interest
Direct Interest
Nature Interest
Direct Interest
Shares
Ordinary Shares
Reason
ACQUISITION OF SHARES VIA DIRECT BUSINESS TRANSACTION

Posted by moonlkm > 1 month ago | Report Abuse

Go check Ays annual report which out yesterday. Got YTL data centre project.

Posted by cwc1981 > 1 month ago | Report Abuse

https://www.straitstimes.com/asia/se-asia/china-backed-railway-could-be-game-changer-as-malaysia-marks-50-years-of-ties-with-beijing

Posted by cwc1981 > 1 month ago | Report Abuse

China funding HSR?

Posted by dragon328 > 1 month ago | Report Abuse

Yesterday selling on YTL Power and YTL was apparently due to the news of Singtel partnering TM in setting up data centre JV in Johor.

The first phase of 68MW data centre from the JV may come online in 2026. The JV bought a piece of land in Johor for RM98 psf, which is much higher than YTLPower's land cost of RM6 psf. The JV land is small so it is only enough for setting up data centre buildings and no solar power farm. The JV data centre will need to rely on grid import power supply from Tenaga which will be double the cost of YTL Power's own solar power supply.

Furthermore, Johor is short in water supply now due to a surge of demand from new data centres and industrial activities in the state. I doubt this TM-Singtel JV could secure sufficient water supply from Ranhill at competitive rates.

For YTL Power, it has already secured 48MW of colocation data centre and close to 200MW of AI data centres, which will keep it busy until 2025. My earlier earnings projection was based on such secured jobs.

YTL Power still holds great advantages in securing more data centre jobs:
1) YTLP owns the only water supply company Ranhill in Johor, which will ensure it will get prioritised water supply to its data centres

2) YTLP has got sufficient land at Kulai park to install up to 500MW of solar power which will reduce the power supply costs, and give green credentials to the new data centres to international clients

3) YTLP has access to Nvidia latest GPUs faster than any other company in the region including Singtel, which is the primary driver to attract big clouds customers

Posted by dragon328 > 1 month ago | Report Abuse

KL-Singapore HSR project will likely need China fundings and expertise, as Japanese consortium has pulled out of the race due to much higher costs. The case in study is Japanese's HSR project in Vietnam which has never taken off due to various reasons.

Posted by cwc1981 > 1 month ago | Report Abuse

@dragon328. In your opinion do you think what is the possibility that China will fund the entire HSR and partnering YTL through CRRC Ltd like the earlier plan?

Posted by OnTime > 1 month ago | Report Abuse

m'sia wants to join brics and that makes any cooperation with china so much easier now.

Posted by cwc1981 > 1 month ago | Report Abuse

@Ontime any insights on this HSR? What percentage that YTL able to clinch?

Posted by dragon328 > 1 month ago | Report Abuse

@cwc1981, I think the cooperation model may be different for the HSR project from the earlier JB-Gemas double-track railway project which is purely a construction project.

The KL-Singapore HSR is a privately funded project where the project sponsors will be a private consortium such as YTL-China entity who will come out with the required funding to complete the construction and then recover the investment through a long term concession of operating the HSR. It will be more like the model used for the ERL project.

Posted by cwc1981 > 1 month ago | Report Abuse

Thanks dragon

Posted by EquityJourneyman > 1 month ago | Report Abuse

Malaysia and China have exchanged 14 memorandums of understanding (MOUs) through which both countries will share expertise and best practices, and collaborate in various fields.

The exchange of MOUs was witnessed by Prime Minister Datuk Seri Anwar Ibrahim and Chinese Premier Li Qiang here on Wednesday (June 19) during the latter’s three-day official visit to Malaysia.

Among the highlights was the Protocol Between the General Administration of Customs of the People’s Republic of China and Malaysia's Agriculture and Food Security Ministry covering phytosanitary (plant health) requirements for exporting fresh durians to China.

ALSO READ : Li Qiang accorded official welcome at Dataran Perdana

Minister Datuk Seri Mohamad Sabu exchanged the MOU with Chinese Ambassador Ouyang Yujing.

This means that Malaysian durian farmers will be able to export fresh durians instead of frozen fruit to China starting this year.

The Investment, Trade and Industry Ministry (Miti) exchanged three MOUs with China: the Second Cycle of the Five-year Programme for Economic and Trade Cooperation (2024-2028); Strengthening Investment Corporation in Digital Economy; and Promoting Investment and Cooperation in Green Development.


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Its Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz exchanged the MOUs with his counterpart Wang Wentao, the Commerce Minister of China.

ALSO READ : Chinese premier Li's visit celebrates 50 years of Malaysia-China diplomatic ties

The Home Ministry also exchanged two MOUs with China, the Agreement on Cooperation in Preventing and Combating Transnational Crimes; and the Letter/Note of Intent on Visa Exemption between Malaysia and China.

Home Minister Datuk Seri Saifuddin Nasution Ismail exchanged the MOU with Ouyang and China’s Vice-Foreign Minister Ma Zhaoxu.

Housing and Local Government Minister Nga Kor Ming and Ouyang exchanged the MOU on Cooperation in the Field of Housing and Urban Development.

The Tourism, Arts and Culture Ministry, represented by its Minister Datuk Seri Tiong King Sing, also exchanged two MOUs with Ouyang: the Executive Programme for the Implementation of the Agreement on Cultural Cooperation; and Cooperation in the Field of Tourism.

The Communications Ministry, represented by Deputy Minister Teo Nie Ching, exchanged two MOUs with Ouyang: one with China Media Group of the People’s Republic of China on Cooperation in the Field of Media; and the other on Strengthening Cooperation in the Postal Field between the Malaysian Communications and Multimedia Commission (MCMC) and the China State Postal Bureau.

Science, Technology and Innovation Minister Chang Lih Kang exchanged an MOU on Science and Technology, People-to-People Exchange Programme with Ouyang.

Finance Minister II Datuk Seri Amir Hamzah Azizan also exchanged an MOU on the Joint Statement on National Single Window for Cross-Border Trade Initiative.

Higher Education Minister Datuk Seri Dr Zambry Abd Kadir exchanged the MOU on Cooperation in the Field of Higher Education.

Li arrived in Malaysia on Tuesday (June 18). His official visit will conclude on Thursday (June 20).

ALSO READ : China ready to work with Malaysia to build China-Malaysia community, says Li Qiang

This is his first trip to Malaysia since assuming the post in March last year.

Li’s visit coincides with the 50th anniversary of the establishment of diplomatic relations between Malaysia and China, following the signing of the Joint Communiqué between then prime minister Tun Abdul Razak Hussein and then Chinese premier Chou En Lai on May 31, 1974.

Li is expected to have an audience with his Majesty Sultan Ibrahim, King of Malaysia on Wednesday after departing Seri Perdana.

Li and Anwar are also expected to attend a dinner to celebrate the 50th anniversary of diplomatic relations in the evening.

The Chinese Premier is also expected to attend the East Coast Rail Link (ECRL) groundbreaking ceremony in Gombak in the evening and a luncheon with the business communities of both countries on Thursday.

China has remained Malaysia’s largest trading partner for 15 years since 2009, with trade amounting to RM450.84bil last year.

Posted by EquityJourneyman > 1 month ago | Report Abuse

https://www.thestar.com.my/news/nation/2024/06/19/malaysia-and-china-ink-14-mous?utm_medium=socmed&utm_source=TG

Posted by redhotpepper > 1 month ago | Report Abuse

Shortlived

Posted by 5354_ > 1 month ago | Report Abuse

ECRL discussed YTL got involve?