Posted by cgtan2020 > 2014-01-20 14:19 | Report Abuse

Some internal source

Posted by my101home > 2014-01-20 14:23 | Report Abuse

Oo

Posted by leek > 2014-01-20 14:46 | Report Abuse

Huatt lai liao! :)

Posted by peter5151 > 2014-01-20 14:48 | Report Abuse

I think ytlp stand a very good chance.. With kangkong thing/saga going on now..its not easy for PM to make decisions against the interest of the people

Posted by hng33 > 2014-01-20 14:53 | Report Abuse

Bought YTL at 1.52

Posted by hng33 > 2014-01-20 14:58 | Report Abuse

sbb at 1.89

Posted by leek > 2014-01-20 14:58 | Report Abuse

Good hng33. I think some FMs are selling because of the overall market performance... I am queuing and catching too... haha

Posted by smartly > 2014-01-20 15:02 | Report Abuse

add more ytl at 1.52.

Posted by hng33 > 2014-01-20 15:02 | Report Abuse

YTL at 1.52, indeed a value buy.....thanks to epf give us rare opportunity to buy

Posted by leek > 2014-01-20 15:09 | Report Abuse

Yeah. Some Ang Pow from epf... well... I believe the dividend they received can cover all these ytl shares being sold...

Posted by hng33 > 2014-01-20 15:58 | Report Abuse

sbb in active today

Posted by smartly > 2014-01-20 16:14 | Report Abuse

ytlp - sbb

ytl - ssb :(

Posted by hng33 > 2014-01-20 16:15 | Report Abuse

I think if YTL share is low enough, it could trigger sbb back again

Posted by hng33 > 2014-01-20 16:16 | Report Abuse

Big buyer come back to support now

Posted by smartly > 2014-01-20 16:17 | Report Abuse

ytl is ssb instead. share sell back.

Posted by hng33 > 2014-01-20 16:24 | Report Abuse

I think if can hold till next month, at least there may be another interim dividend of 1.5sen.

Posted by leek > 2014-01-20 16:32 | Report Abuse

Bought more YTL.... after I saw the strong support at 1.50 and 1.49... huatt ah!

Posted by smartly > 2014-01-20 16:44 | Report Abuse

sbb again mia in last minute.

Posted by smartly > 2014-01-20 16:48 | Report Abuse

likely close flat.

Posted by hng33 > 2014-01-20 16:55 | Report Abuse

Closed unchanged.. same strategy, accumulate actively first, then in bidding time, stay sideline, waiting to collect at lower price. Expect same strategy going forward, unless market maker emerge to force share price close higher.

Posted by hng33 > 2014-01-20 16:56 | Report Abuse

I think sbb volume could again reach more than 70% of today total volume again

Posted by hng33 > 2014-01-20 17:29 | Report Abuse

Bought back 2.16m share, as much as 86% of today total volume, range 1.88-1.89, cumulatively treasury now at 8.99%.

Posted by leek > 2014-01-20 17:37 | Report Abuse

Good... can buy tomorrow... :) :)

Posted by hng33 > 2014-01-20 19:31 | Report Abuse

YTLP is the only bluechip stock listed in Malaysia with 96% earning all derive from oversea business. YTLP will benefit the most from depreciation of RM against UK pound and Sing dollar.

1 UK pound = 5.46 RM
1 Sing = 2.60 RM

Remark: UK Wesses Water 53% + Singapore Power Seraya 43%; Msia IPP earning mostly offset by loss in Yes broadband))

Posted by i3raymond > 2014-01-20 20:03 | Report Abuse

Strangely with such strong background, only 1 out of 7 IB recommends a buy (TP RM2.55). The
other six call for hold with TP RM1.70-1.98

Posted by prahadude > 2014-01-20 20:08 | Report Abuse

is there an announcement on the power project?

Posted by hng33 > 2014-01-20 20:24 | Report Abuse

i3raymond

The reason is simple. Most of the analyst downgrade YTLP mainly due to upcoming expire IPP in next year Sept + no quarterly dividend + fear of continuous loss in Yes broadband

These analyst refused to recognized the value that YTLP have initiate share buyback, accumulating so far 12.5% in total (3.5% cancelled + current ongoing 8.99%) which is much more better than cash dividend.

With completion of 1 BestariNet at the end of last year, Yes broadband should be able to generate at least RM 300m/year management fee for next 5year (renewal for 5 + 5 year)just from 1BestariNet alone these year onwards + exiting and growing new customer. By just breakeven its Yes broadband business, it have already almost fully offset the contribution from local IPP when it expire i Sept nest year (Q1: local IPP profit RM 60m vs. Yes broadband loss RM 50m). Therefore the impact on YTLP earning is minimal even if its IPP expire in next year Sept.

Many research also didn't highlight the potential earning from YTLP Enefit Jordan oil shale power plant + oil shale production, which is schedule to build these year, and start contribute in 2017-2018.

Posted by hng33 > 2014-01-20 20:27 | Report Abuse

prahadude

Still waiting....the date is what theedge weekly reported last week, there is no confirmation whether the news is accurate or not

Posted by i3raymond > 2014-01-20 20:33 | Report Abuse

Thanks Hng for the reiteration. Can't imagine 6 research houses with their respective research
team could not see potential beyond the obvious.

Posted by hng33 > 2014-01-20 20:47 | Report Abuse

At first i thought YTLP free flat have substantial reduce after accumulate 3.5 cancelled + 8.99%, but now EPF have just resume back to dispose YTLP again....YTLP sbb should have more chance to accumulate more share from epf now. Since EPF have pare down its stake from last year 9.11 to current 6.58%, sbb must cancelled its treasury stock once its reach 10% to fully absorb back epf remaining stake if its decide to sold out these 6.58%

Posted by cgtan2020 > 2014-01-20 21:01 | Report Abuse

prahadude it will be announce before "end of Jan 2014", after government approve it.

Posted by i3raymond > 2014-01-20 21:24 | Report Abuse

The recent syriah non compliance selldown did not get sbb support resulting in price free fall?

Posted by Penang Ran > 2014-01-20 22:36 | Report Abuse

Good analysis. Gentlemen.

Posted by leek > 2014-01-21 09:36 | Report Abuse

Can queue and catch... :) :)

Posted by hng33 > 2014-01-21 09:37 | Report Abuse

Bought more wb at 68.5sen

Posted by leek > 2014-01-21 09:49 | Report Abuse

Hmmm... it seems like someone is trying to push up again.... let me catch some cheap one la...

Posted by leek > 2014-01-21 09:52 | Report Abuse

CNY push ah?

Posted by smartly > 2014-01-21 09:54 | Report Abuse

69sen plenty mah, go grab la.

Posted by hng33 > 2014-01-21 10:37 | Report Abuse

Selling YTL at 1.55, realize contra gain first :D)

Posted by leek > 2014-01-21 11:48 | Report Abuse

U eat rat one ma... lolz...

My ytl cost avg down to 1.55.... keep to grow gold eggs...
buying wb at 68.5 and 69.... news is out soon.... wakkaaka

Posted by leek > 2014-01-21 11:48 | Report Abuse

Huatt ah~

Posted by CHUAJS188 > 2014-01-21 11:57 | Report Abuse

My view ytlpowr (the lowest bidder) is not favoured by authority to win the power plant project. 1M Bhd which is seeking a listing on Bursa in 2014 is hoping and highly dependent on the project to ensure the success of its listing. Once more Malaysia Boleh

Posted by hng33 > 2014-01-21 12:16 | Report Abuse

sbb at 1.88

Posted by ta5851 > 2014-01-21 14:00 | Report Abuse

1MDB tipped to win Track 3B
By Francis Fernandes
Published: 2014/01/21


KUALA LUMPUR: 1Malaysia Development Bhd (1MDB) is expected to emerge as the surprise winner to build a 2,000-megawatt greenfield coal-fired plant, better known as Track 3B, in Peninsular Malaysia, sources said.

They said the Energy Commission (EC) is expected to make an announcement soon on the winner of the project, which will cost just under RM12 billion.

Under the plan, the greenfield power plant will be commissioned in stages through October 2018 and April 2019.

Up until last week, YTL Power International Bhd was seen as the favourite to secure the deal.

AmResearch Sdn Bhd, in a report early this month, noted that based on the evaluation report submitted to the EC last month, YTL was the preferred bidder, given that its notional adjusted tariff of 25.2 sen/kilowatt hour (kWh) was the lowest bid.

YTL had proposed for the plant to be built in Tanjung Tohor, Johor, together with SIPP Power Sdn Bhd.

Business Times was told that power from the greenfield plant is mostly to be used in the Klang Valley.

As such, even though on paper YTL has the lowest bid, a plant in the southern most part of Peninsular Malaysia may have to burn additional coal to fire up the Klang Valley.

In a report last year, RHB Reseach had pointed out that apart from cost, other considerations will include the location of the power plant.

The firm also said that at 25 to 28 sen per kWh, the internal rate of return for Track 3B is between eight per cent and 11 per cent.

A victory for 1MDB will be timely as it seeks to sell shares to help ease debts, perched at RM31 billion, Bloomberg estimated.

Read more: 1MDB tipped to win Track 3B http://www.btimes.com.my/Current_News/BTIMES/articles/diby/Article/#ixzz2r0gBFwjl

Posted by ta5851 > 2014-01-21 14:07 | Report Abuse

as expected...if this is true....

Posted by smartly > 2014-01-21 14:39 | Report Abuse

sbb at 1.89.

Posted by smartly > 2014-01-21 14:39 | Report Abuse

can q 69sen.

Posted by hng33 > 2014-01-21 14:52 | Report Abuse

If YTLP indeed failed to secure project 3b, there is no harm at all, as shareholder will not wan to wait for another round of huge capex spending till 2018 to build 2000MW again. Shareholder benefit already penalize by YTLP in 2010 until now to develop Yes broadband by cutting down quarterly dividend......, which is only these year onward, Yes broadband is expect to breakeven and turnaround into profit after completion of 1BestariNet. Its reward time now.

Posted by hng33 > 2014-01-21 14:56 | Report Abuse

Sold off remaining half YTL at 1.56, realize all contra profit

Posted by i3raymond > 2014-01-21 15:06 | Report Abuse

No worry about knee jerk reaction to 3B failed bid?