Posted by gark > 2014-02-11 10:25 | Report Abuse

if really lap sap stock.. why you buy in first place? :p

Posted by Fat Cat Tim Buddy > 2014-02-11 10:27 | Report Abuse

same as the reason why ppl collect empty can and old newspaper.. kikiki

Posted by Peter5151 > 2014-02-11 11:32 | Report Abuse

Ytlp are in dilemma, due to the idealistic of for 3rd generation of the yeoh family, it invested heavily in Telecommunications ..and it can't pull out now, since so much has been invested. The
continuely of losing money will lead it to noway...

Posted by smartly > 2014-02-11 11:51 | Report Abuse

project 3B is meant for 1MDB, other bidders just for show for fairness and so call open tender. if happen 1MDB is the lowest bidder, then everything go smooth without hassle, now with ytlp offers lowest, of course must come out some reason to unreason the deal.

Posted by smartly > 2014-02-11 11:52 | Report Abuse

pm dai sai. :p

Posted by hng33 > 2014-02-11 12:17 | Report Abuse

1MDB already is debt laden, even have difficult to issue bond, need high coupon rate to attract both local and foreign bond buyer and paid extraordinary fees to Goldman Sach. Now, need urgently to raise fresh capital from IPO. For its upcoming 3B, if secure, need another round of capital, these time its intend to raise fund from oversea denominated bond, namely US dollar and Yen, render itself to expose to forex fluctuation.

Posted by leek > 2014-02-11 12:49 | Report Abuse

YTLP can bayout 1MDB later.... hehe

Posted by Fat Cat Tim Buddy > 2014-02-11 12:50 | Report Abuse

income is ringgit, debt is us dollar ....
ringgit depreciating, dollar strengthening...

aiya.. soh chai dont know do business then let the expert do la , really sohai ppl lai de... kikiki

Posted by leek > 2014-02-11 13:23 | Report Abuse

Fat cat... they are smarter than any investment bank... they use our money to buy other assets and get the loan from loan sharks and the people have to pay the loan back... and where's the money gone? Haha

Posted by Peter5151 > 2014-02-11 14:25 | Report Abuse

There is called, create something out of nothing. Or from the sky, just borrow as much as much the bank allowed, and buy whatever can generate cash, so long as can cover the interest. it's ok.

For whatever reason, the debt can't be serve, ours boleh gov will step in ... dont worry

Posted by Lam Kok Hoong > 2014-02-11 14:30 | Report Abuse

Hi all, I am new here and I am holding YTL Power & WB share, hope the price can soar above 2!!!

Posted by leek > 2014-02-11 14:36 | Report Abuse

Yupe. WB can surge above 2.... hehe

Posted by hng33 > 2014-02-11 14:38 | Report Abuse

Some may argue YTLP in actual also debt laden...by pointing out its borrowing is more than its cash hoard, RM 23b debt vs RM 9.6b cash. But, in reality, YTLP borrowing is tag with its long term concession regulated asset, with cash flow generated from concession not only meet interest expense and schedule repayment, but also able to net earning income.

Therefore, YTLP cash hoard of RM 9.6b can be anytime use to acquire new asset without need to worry its borrowing level as it is self serve by its concession assets.

Posted by Lam Kok Hoong > 2014-02-11 14:39 | Report Abuse

85% of YTLP profit from oversea business, RM depreciated 8-10% against USD, Pound and AUS.....the company profit will increase 8-10% even if the profit from oversea business maintained....:P

Posted by leek > 2014-02-11 14:43 | Report Abuse

Going to park at 0.60 WB.... hehe

Posted by leek > 2014-02-11 14:52 | Report Abuse

sbb saving bullet for the news announcement?

Posted by hng33 > 2014-02-11 14:52 | Report Abuse

Lam Kok Hoong

It should be almost 100% YTLP profit from oversea as local IPP earning is offset by loss in broadband

Posted by Lam Kok Hoong > 2014-02-11 14:56 | Report Abuse

hng33
I thought by mid-2014 broadband will record break even, then the IPP profit can be stand alone....wow....extra 15% profit from IPP, 8% from foreign exchange...23% buta profit....

Posted by Fat Cat Tim Buddy > 2014-02-11 14:57 | Report Abuse

we use ' debt to equity ' to measure a company financial strength , not ' debt to real hard cash ' ....

anyway, real hard cash is good tool for quick acquisition since banks will not always lend money to you , and even they lend to you, it take time....

kikiki.. but 9.6b cash keep for so long? i think uncle yeoh wait for the market crash until his neck longer than giraffe already...

you cant always make your fortune on top of other people misery... try to build 1 instead.. kiki..ki...

Posted by leek > 2014-02-11 15:05 | Report Abuse

Selling show started?

Posted by hng33 > 2014-02-11 15:14 | Report Abuse

Lam Kok Hoong

Yes, YTLP broadband is on path to breakeven these year, partly contribute by annual fees of RM 300m/pa payable by MOE these year onward for next 15year

Posted by hng33 > 2014-02-11 15:15 | Report Abuse

sbb in force at 1.85

Posted by hng33 > 2014-02-11 15:22 | Report Abuse

Fat Cat Tim Buddy

If company like YTLP have RM 9.6b cash deposit, but still wanna to borrow for new assets acquisition, it will be rush for all bank to secure loan business for YTLP, as it show minimum risk for bank to loan to these kind of company and therefore competitive among bank render lowest possible interest on loan for YTLP

Posted by hng33 > 2014-02-11 15:28 | Report Abuse

Fat Cat Tim Buddy

Francis Yeoh already wisely spend as much as RM16b for share buyback already, (assuming previous cancel treasury stock 250m x avg. RM 1.55 = RM 388m + current treasury 681m x average sbb RM 1.75 = RM 1.2b, totaling amount spent: RM 1.59b)

Posted by Fat Cat Tim Buddy > 2014-02-11 15:32 | Report Abuse

kikiki.. k.. , if ytlpowr start to pay dividend, i might consider convert some warrant to mother share... kikiki.. hopefully everything go smoothly la...

Posted by hng33 > 2014-02-11 15:37 | Report Abuse

If Francis Yeoh use RM 1.6b to payout as dividend instead of sbb, the dividend is worth as much as 23sen/share, yield more than 12% nett

Posted by hng33 > 2014-02-11 15:42 | Report Abuse

But Francis Yeoh is smart, as if RM 1.6b use for dividend payout, it will not benefit YTLP share value but only mean to reward shareholder (of course Yeoh is also entitle largest beneficial). Therefore, its better to use RM 1.6b for sbb to enhance YTLP own share value, which in long term Yeoh family also benefit the most. Thus, invest in YTLP need a lot of patience, be long term investor

Posted by Fat Cat Tim Buddy > 2014-02-11 15:48 | Report Abuse

wa... if 1.6b dividend is 75% of yearly EPS, that means the annual profit must reach 2.13b..

wa.. that time, ytlpwr share will worth RM3.8 if the DY is 6%... kikiki...

Posted by Fat Cat Tim Buddy > 2014-02-11 15:50 | Report Abuse

lets do another 10% of sbb kikiki.. epf have no problem selling it..

Posted by prahadude > 2014-02-11 16:06 | Report Abuse

Btimes is part of NST which is part of a specific political party . In which they keep goreng up 1MDB .just wondering ..

Posted by leek > 2014-02-11 16:21 | Report Abuse

Huat lai liao

Posted by leek > 2014-02-11 16:22 | Report Abuse

can close 1.88

Posted by hng33 > 2014-02-11 16:23 | Report Abuse

YTLP volume higher today.....sbb more active?

Posted by cgtan2020 > 2014-02-11 16:25 | Report Abuse

FY is using YTLP money to increase the YTL stake in the YTPL thru sbb and share cancellation, once it reach his target number sbb will stop. After that YTLP will start to give dividend which will enrich YTL shareholder more since it own more of YTLP shares.

Posted by hng33 > 2014-02-11 16:35 | Report Abuse

Yeoh family member + YTL corp collectively cotrol about 60% stake in YTLP, if treasury is cancel, their stake will boost to above 66%, which could trigger MGO, lead to privatization.

Posted by Fat Cat Tim Buddy > 2014-02-11 16:41 | Report Abuse

when about to turnover , they privatize it.. kikiki.. really licik kaki.

dont expect 20% premium, you should know who you dealing with here... ytl-cement is a good example...

Posted by Lam Kok Hoong > 2014-02-11 17:12 | Report Abuse

I remember 4 yrs back FY is telling they have 4b cash for M&A, but now got 9.6b. Net cash increased by 100% in 4yrs time.
Plus 1.6b spent on SBB, net cash in flow around 7b in 4yrs...almost 2b per yr...

In corporate finance, interest payout is consider cost and is tax deductable item, since they receive so much income, of course they will maximise the loan to reduce tax.

Posted by leek > 2014-02-11 17:13 | Report Abuse

Ytl cement didn't have so much cash like ytlp... fy will give premium via share swap... no need to spend 1c...

Posted by smartly > 2014-02-11 17:38 | Report Abuse

treasury shares = 9.54%

Posted by hng33 > 2014-02-11 17:38 | Report Abuse

Bought back 3.29m share, 73% of today total volume, range 1.84-1.86, increase 0.05% stake, cumulatively at 9.54% in treasury.

Posted by smartly > 2014-02-11 17:43 | Report Abuse

interesting to know when hit 10%, what is the next action plan?

Posted by sam2828 > 2014-02-11 21:11 | Report Abuse

http://www.btimes.com.my/Current_News/BTIMES/articles/20140210234230/Article/index_html

Posted by sam2828 > 2014-02-11 21:12 | Report Abuse

looks like ytlp lose the bid to 1mdb

Posted by cgtan2020 > 2014-02-12 08:57 | Report Abuse

Government not in a hurry to roll out Project 3B
Posted on 12 February 2014 - 05:36am

sunbiz@thesundaily.com
Print

KUALA LUMPUR (Feb 12, 2014): The Energy Commission (ST) has not awarded the 2,000MW Track 3B coal-fired power plant project (Project 3B), said Energy, Green Technology and Water Minister Datuk Seri Dr Maximus Ongkili.

He was responding to a news report which claimed that the ST is due to announce the winning bidder of Project 3B as early as yesterday.

"No, it will not be announced today (Feb 11). It has not come to a conclusion, as there are still necessary processes to be completed," Ongkili told reporters on the sidelines after Tenaga Nasional Bhd's Chinese New Year charity lunch here yesterday.

The winner of the power plant project will be decided "in due course", he added.

Ongkili said the government is not in a hurry to roll out the proposed Project 3B, adding that there is no delay on the project as the tender process has already taken place.

An English daily reported that 1 Malaysia Development Bhd is likely to be named the preferred bidder for Project 3B, as the company had submitted the most competitive bid over the early favourite YTL Power International Bhd.

Posted by cgtan2020 > 2014-02-12 08:57 | Report Abuse

http://www.thesundaily.my/news/954892

Posted by hng33 > 2014-02-12 10:16 | Report Abuse

sbb speed up, at 1.86 now

Posted by smartly > 2014-02-12 10:17 | Report Abuse

sbb lai liao.

Posted by smartly > 2014-02-12 10:18 | Report Abuse

go pass 1.86 and close at 1.87 :p

Posted by gark > 2014-02-12 10:18 | Report Abuse

i think they will defer the announcement until after the kajang by election .. to avoid bad publicity from 'open' tender...

Posted by smartly > 2014-02-12 10:28 | Report Abuse

don't think it impact much on the by-election.