Posted by leek > 2014-02-18 17:29 | Report Abuse

Huatt lai liao

Posted by smartly > 2014-02-18 17:40 | Report Abuse

sbb 2m. 9.81%

Posted by Fat Cat Tim Buddy > 2014-02-18 19:35 | Report Abuse

the best time to buy is when there is blood in the streets, even if it is your own blood... kikiki.. the condition is, you must have bullet lo.. garkgarkaka.. gark..

Posted by smartly > 2014-02-19 09:27 | Report Abuse

agreed. buy when it is bleeding.
leek must be very happy.

Posted by smartly > 2014-02-19 09:30 | Report Abuse

zhulian is bleeding badly.
sapu at 2.50 if can reach there.

Posted by alveygwee > 2014-02-19 09:39 | Report Abuse

that typical Malaysia~~ Malaysia boleh

Posted by smartly > 2014-02-19 09:51 | Report Abuse

today no more big sell q.

Posted by smartly > 2014-02-19 09:55 | Report Abuse

normally sellers emerge toward closing.
may close flat today.

Posted by hippo > 2014-02-19 10:45 | Report Abuse

I think If project 3B is awarded to 1MDB then the
Government will reward YTLP something bigger
for the so called compromise. I will continue adding
YTLP.

Posted by hng33 > 2014-02-19 10:45 | Report Abuse

As say earlier, if seller stop their irrational selloff pressure, share price will rebound, especially if treasury stock is cancel after 28 Feb and restart accumulate

Posted by smartly > 2014-02-19 10:49 | Report Abuse

sellers have ease off, probably will surface toward closing.

Posted by hng33 > 2014-02-19 10:50 | Report Abuse

The easier way is just grant another 10 year extension to its concession from 2015 to 2025, with lower traffic rate. These will ensure YTLP continue remain to Malaysia IPP.

Posted by smartly > 2014-02-19 10:52 | Report Abuse

then is a blessing in disguse.

Posted by hippo > 2014-02-19 10:55 | Report Abuse

Hng33- you are right. If let IMDB get the lifeline
to survive then the bonus to keep quiet is the extension
with a better rate. YTLP will be the winner.

Posted by hng33 > 2014-02-19 10:56 | Report Abuse

hippo, YTLP already have 1Bestarinet mega-project RM 300m/year for 15 year contract, total RM 4.5b. The 1 BestariNet project have completed late last year, and will deliver earning from these year onwards

Posted by smartly > 2014-02-19 11:07 | Report Abuse

hippo, you bought ytlp or ytlp-wb ?

Posted by Fat Cat Tim Buddy > 2014-02-19 11:13 | Report Abuse

even if gark sell now, he still can profit something like 20 cents , 50% profit.. kikiki.. gark take profit lo.. dont wait liao..

Posted by gark > 2014-02-19 11:15 | Report Abuse

fat cat.. why you always want me to sell ? nope not going to ... still believe there is more upside in the long term. :P

Posted by gark > 2014-02-19 11:16 | Report Abuse

heard rumor 3B given to IMDB in exchange for 3C for YTLP....

Posted by smartly > 2014-02-19 11:17 | Report Abuse

most of us here still cling on. waiting for q result, cancellation and resume sbb.

Posted by hippo > 2014-02-19 11:49 | Report Abuse

Smartly- I m accumulating both. Today also keyed in to buy warrant

Posted by hippo > 2014-02-19 14:59 | Report Abuse

Hng33- I agree with you

Posted by hng33 > 2014-02-19 15:05 | Report Abuse

Share price fail to rebound, as seller still continue their irrational selloff pressure.

Posted by alveygwee > 2014-02-19 15:36 | Report Abuse

Damn,how much shares left in big seller hand..~~

Posted by leek > 2014-02-19 15:40 | Report Abuse

Huatt lai liao

Posted by hng33 > 2014-02-19 15:58 | Report Abuse

Most likely the current seller is LTH, holding 1.99% or 140m share, assuming LTH start sell half of its stake last Dec (the date YTLP classified as non-shariah compliance), it still have about 70m volume to sell, and assuming these selloff commence early these month, and assume about 60% of the daily volume is from LTH stake, LTH still have remaining 20m to clear off all its stock.

Posted by hng33 > 2014-02-19 16:01 | Report Abuse

Big block volume again created by seller

Posted by leek > 2014-02-19 16:28 | Report Abuse

3.7mil only... sub sub water

Posted by hng33 > 2014-02-19 16:38 | Report Abuse

Treasury already at 9.8%, only left 0.2% or 14m quota available to buyback....furthermore these quota need to have to drag until 28 Feb before its can cancel.....

Posted by smartly > 2014-02-19 16:40 | Report Abuse

shivering.... lol.

Posted by smartly > 2014-02-19 16:52 | Report Abuse

big q appear toward closing.

Posted by hng33 > 2014-02-19 16:55 | Report Abuse

The faster the seller remaining stake can clear, the sooner share price can rebound. Otherwise, need to wait for YTLP own catalyst to merge, like Q2 result/3b/cancellation treasury stake/cancel treasury share after 28 Feb and restart sbb

Posted by hippo > 2014-02-19 16:55 | Report Abuse

It's also possible someone wants to sell to push price
downward. So that they can buy at lower price. Is
that possible.

Posted by hng33 > 2014-02-19 16:56 | Report Abuse

sbb absorb 1.72 seller now

Posted by Peter5151 > 2014-02-19 17:01 | Report Abuse

PJDEV going to release 2Q result next week, it should be look good with the RM406m property sold. May be can take a look on its son, PJDEV-wc

Posted by hng33 > 2014-02-19 17:04 | Report Abuse

hippo

Unlikely, this is because YTLP sbb accumulate average above 70% of daily volume (except few exception day), which mean, most of the seller volume if sell in open market is absorb by sbb. These buyback is to keep in treasury stock, and possible opt for second cancellation after 28 Feb, the 6 month period from first batch cancellation.

Posted by Fat Cat Tim Buddy > 2014-02-19 17:08 | Report Abuse

28 feb, 1 more week ++ , heart must be calm lo.. if not steady, then please sell at 0.55 garkakagarkaka..

Posted by hng33 > 2014-02-19 17:22 | Report Abuse

If after 28 Feb, YTLP indeed cancel at least 3.5% of its treasury stock and restart sbb actively, then any seller pressure if still persist can easily absorb by sbb and share price will quickly rebound strongly.

Posted by hng33 > 2014-02-19 17:34 | Report Abuse

Bought back 4m share, 44% of today total volume (percentage volume shrinking as sbb have almost reach 10%), range 1.72-1.73, increase 0.05% stake, cumulative treasury now at 9.86%.

Remark: YTLP still have merely 12m share quota available before its reach maximum 10%.....may not last till 28 Feb if seller keep dumping share, it still have 7 day ahead.

Posted by smartly > 2014-02-19 17:39 | Report Abuse

4m = 1day
12m = 3days

Monday 24/2/2014 reach 10%, by then price will be < 1.70 ?

Posted by hng33 > 2014-02-19 17:57 | Report Abuse

Although sbb still have 12m quota, but the seller stake also decreasing after many round of selloff, if LTH is seller, its remaining volume could be just another 20-30m......as sbb only able to absorb about 40% daily volume to drag until 28 Feb, the next support level could be 1.70 follow by 1.68, before it could recover

If YTLP opt to release its Q2 result sooner, and if result better than expected, it could at least support share price by market force before it can cancel treasury on 28 Feb.

Posted by Chan Siong Wei > 2014-02-19 23:05 | Report Abuse

What does cancelling treasury mean?

Posted by Penang Ran > 2014-02-20 07:50 | Report Abuse

NTA at $1.6565 almost closed to current market value. It is time to accumulate this sort of stock.
Just look at business prospect point of view, the investment in others country will bring back smart return.

Posted by smartly > 2014-02-20 09:16 | Report Abuse

as usual no big selling in early stage.
big sell q will emerged during closing.

Posted by hng33 > 2014-02-20 09:19 | Report Abuse

1MDB NAJIB'S WATERLOO? Sudden shock resignation of external auditors triggers alarm bells
Written by Tony Pua


As of yesterday, 19th February 2014, when I checked with the Companies Commission of Malaysia, 1Malaysia Development Bhd (1MDB) has yet to file its accounts for its financial year ending March 2013. The last available accounts was dated 31 March 2012. It is both shocking and suspicious that an multi-billion ringgit entity 100% owned by the Ministry of Finance has failed to produce its audited financial statements after nearly a year.

The directors of 1MDB have clearly run afoul of the Companies Act 1965 by failing to hold the company’s Annual General Meetings, file its Annual Returns to the Registrar of Companies together with their Audited Financial Report within the specified time period.

Clause 169(1) of the Companies Act says that “the directors of every company shall… once at least in every calendar year at intervals of not more than fifteen months, lay before the company at its annual general meeting a profit and loss account for the period since the preceding account (or in the case of the first account, since the incorporation of the company) made up to a date not more than six months before the date of the meeting.

Under Clause 171(1), the Act dictates imprisonment for 5 years or RM30,000 “if any director of a company fails to comply or to take all reasonable steps to secure compliance by the company with the foregoing provisions of this Division or has by his own wilful act been the cause of any default by the company thereunder, he shall be guilty of an offence against this Act.”

Even auditors run off

What rings the loudest alarm bells however is the sudden resignation of the company’s external auditors, KPMG, who has audited the company since its inception. Instead, Deloitte Malaysia has been appointed its new auditors.

It was KPMG, who in 1MDB’s first financial statement in 2010 raised an “emphasis of matter” over the US$1 billion (RM3.29b) investment in a mysterious joint-venture (JV) with PetroSaudi International Ltd, which was subsequently converted into a US$1.2 billion (RM3.95b) loan within a period of less than 6 months.

While the “emphasis of matter” was removed in subsequent financial accounts as the JV was servicing the loan with interest payments, it was also highlight that 1MDB extended an additional US$700 million (RM2.3b) in loans to the JV, despite receiving less than US$200 million in interest between 2011 and 2012.

Through a series of complicated financial engineering in the latter part of 2012, the loan was prematurely terminated and redeemed. However, the repayment of US$2.32 billion (RM7.93b) was made in a perplexing manner in a “seggregated investment portolio” based in Cayman Islands.

To date no one has been able to verify with any certainty who the investment portfolio manager is, the fund’s performance or for that matter, if the money actually exist. The “investment” in Cayman Islands raises highly suspicious questions as 1MDB is desperately trying to raise funds through new bond issuance in Malaysia to funds its aggressive acquisitions of independent power producers as well as its mega-projects in Bandar Malaysia and Tun Razak Exchange. In fact, 1MDB is already laden with an estimated more than RM40 billion in debt, and hence such investments is a luxury that 1MDB does not have.

RM40 BILLION DEBT!

As a matter of public accountability, in line with Dato’ Seri Najib’s Razak’s call for transparency and government transformation, 1MDB must provide detailed and immediately clarification for the above matters. Most urgently, 1MDB must remove any doubts that the resignation of an internationally reputable auditor is due to an unverifiable US$2.32 billion parked at an anonymous “seggregated porfolio fund” in the highly secretive Cayman Islands, which is better known as a tax haven for global money launderers.

If 1MDB fails to provide satisfactory answers to the above scandal, then Malaysians are likely to be witnessing the seeds of the single largest financial scandal in the country, which makes the RM12.5 billion Port Klang Free Zone catastrophe look like child’s play.

Full article: http://www.malaysia-chronicle.com/index.php?option=com_k2&view=item&id=229512:1mdb-najibs-waterloo?-sudden-shock-resignation-of-external-auditors-trigger-alarm-bells&Itemid=2#ixzz2toxLH9j5
Follow us: @MsiaChronicle on Twitter

Posted by alveygwee > 2014-02-20 09:21 | Report Abuse

trasury mean company buy bak their share and held as treasury share.. they may reissue, heal , or cancel the treasury share.

Posted by alveygwee > 2014-02-20 09:21 | Report Abuse

correct me if im wrg..lolz

Posted by smartly > 2014-02-20 09:39 | Report Abuse

this show how inexperience, incapable & corrupt the management. just like MAS a whopping huge loss every q at the expense of taxpayer money.
no hope.

Posted by smartly > 2014-02-20 09:41 | Report Abuse

who dare to apply for it ipo ?

Posted by smartly > 2014-02-20 09:44 | Report Abuse

ytl & ytlp go on 2 diff direction.