Posted by armadasaxon > 2014-06-18 15:34 | Report Abuse

this company can survive Singapore aus and uk but not here.

Posted by cchin > 2014-06-18 15:35 | Report Abuse

Next time, listing in Singapore .... haha .... better valuation

Posted by hng33 > 2014-06-18 15:43 | Report Abuse

.............Surely the moral of the story is this: silence is the best policy when you and your shareholders have benefited enormously from close ties with the government. Yeoh is an erudite businessman and has built up a reputation for delivering top-class products, Pangkor Laut and the restored Majestic Hotel comes to mind. But the man will not win any popularity contest even on Mars.

Some people dislike his self promotion and others just detest the fact that the IPP concession given to YTL during the Mahathir era was lopsided. It was silly of him to stand before his peers at the Pemandu function and even touch on the topic of crony capitalism.

Heck, this was like preaching to most cynical of cynics: men and women who believed that YTL's financial muscle today is the result of solid political connections.

His comments started a firestorm and resulted in all eyes being trained on YTL projects, including the 4A power plant...........

Posted by leek > 2014-06-18 15:56 | Report Abuse

Yupe... look at MAS... the plane went missing, lose money almost every year.... still can give me 10%++ profit a day.... lolz

Posted by hng33 > 2014-06-18 16:00 | Report Abuse

........法兰斯纵横商界数十年，气势凌人，指点江山从不向人低头。
今天，他掌权的杨忠礼电力宣布“放弃”已到手的柔佛发电项目，该会是他经商以来最难忘的一天。
因为，他不是败在实力不够；更非栽在和官府关系欠佳。而是逞一时之快，留一生的痛......

Posted by yaogui > 2014-06-18 16:01 | Report Abuse

Pak Lah, I think need to focus on Sime Darby...coz. they just sell their Thai Power....

Posted by beeair2013 > 2014-06-18 16:03 | Report Abuse

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”

― Warren Buffett

Wonder whether it is YTL Power's situation now??????????

Posted by yaogui > 2014-06-18 16:05 | Report Abuse

beeair, YTLPOWER <> MAS....

Posted by rlch > 2014-06-18 17:17 | Report Abuse

EPF money invested in YTL Power and YTL will go down the drain having bought heavily in past weeks. How EPF will answer to their unitholders?

Posted by yaogui > 2014-06-18 17:20 | Report Abuse

EPF: No sure win investment!

Posted by hng33 > 2014-06-18 17:20 | Report Abuse

Its should be how Francis Yeoh to answer to YTLP shareholder.....afterall, is he comment on crony capitalism that cause 'misconception' resulted YTLP force to withdraw 4A

Posted by SS3U > 2014-06-18 17:21 | Report Abuse

FY talked too much, now we are going to pick up his bills!

Posted by hng33 > 2014-06-18 17:26 | Report Abuse

Perhaps, next AGM shareholder should opt out FY as managing director for he personal fault that bring harm to shareholder value......Now is time, minority shareholder stand up to protest

Posted by ceboo1 > 2014-06-18 17:55 | Report Abuse

Taking YTLP from KLSE and wait for future opportunity to be listed oversea such as SGX or FTSE might be a good option.....let's see.

Posted by smartly > 2014-06-18 18:37 | Report Abuse

may be a blessing in disguise...who knows.

Posted by smartly > 2014-06-18 18:54 | Report Abuse

sapuing.... :(

Posted by smartly > 2014-06-18 18:56 | Report Abuse

like leek, sapuing more for lower averaging cost. :(

Posted by smartly > 2014-06-18 18:57 | Report Abuse

keep till cch. :(

Posted by Jerry > 2014-06-18 19:51 | Report Abuse

i wonder, klse only got YTL and YTLP 2 counters?

Posted by dragonfruits > 2014-06-18 20:01 | Report Abuse

Jerry, can enter?

Posted by durianking > 2014-06-18 20:26 | Report Abuse

“正常人”在股市是无法赢钱的http://investors-klse.blogspot.com/2014/05/blog-post_5.html

Posted by nikeblood > 2014-06-18 20:40 | Report Abuse

tomorrow 1.45 ?

Posted by Jerry > 2014-06-18 20:43 | Report Abuse

haha, can or not? i dont know lor. i just know klse got thousand of counter to pick, not neccesarry going for an counter which doesn't generate much reward but unknown where is the bottom

Posted by dragonfruits > 2014-06-18 21:28 | Report Abuse

Jerry still lov supermx?

Posted by Pak Lah > 2014-06-18 21:49 | Report Abuse

http://m.youtube.com/watch?v=0iF8KsNDUO8

Posted by nikeblood > 2014-06-18 22:25 | Report Abuse

Drop more collect more $.$

Posted by dragonfruits > 2014-06-18 22:27 | Report Abuse

So many counter in bearish..

Posted by happytradingz > 2014-06-18 22:32 | Report Abuse

What happen now? YTL no more in favour with government?

Posted by Vin Cullen > 2014-06-18 23:28 | Report Abuse

World cup..Alot counter sure wont move..
BIG PLAYER AT BRAZIL WATCHING LIVE FOOTBALL

Posted by wonder > 2014-06-18 23:30 | Report Abuse

Anyone know what will be the amount roughly to be written off come Sept 2015 when both their IPP lapsed?

Posted by cgtan2020 > 2014-06-19 08:52 | Report Abuse

SELL SELL SELL!!! Cheap sales!!! SELL

Posted by nikeblood > 2014-06-19 08:55 | Report Abuse

http://www.theedgemalaysia.com/business-news/295169-ytl-power-still-able-to-secure-track-4a-says-cimb-research-.html

Posted by leek > 2014-06-19 11:01 | Report Abuse

CIMB Research advises investors to accumulate YTL Power

  

Email

Facebook

1

KUALA LUMPUR: CIMB Equities Research says the ongoing negative market sentiment on YTL Power International is a good opportunity to accumulate the shares as the fundamentals remain unchanged.

It said on Thursday it makes no changes to its FY14-16 earnings forecasts and its sum-of-part based target price of RM2.39.

On Wednesday, YTL Power announced that they have withdrawn from the Track 4A project under the present direct award arrangement, which was a negative surprise.

However, YTL Power remains interested in any opportunities to take part in the project or other new power plants on a competitive basis.

“We believe its chances of securing Track 4A remains strong even through competitive bidding. We think that the ongoing negative market sentiment on the stock is a good opportunity to accumulate YTL Power as its fundamentals remain unchanged. We make no changes to our FY14-16 earnings forecasts and our SOP-based target price of RM2.39,” it said.

CIMB Research was confident that YTL Power was capable of winning Track 4A in the competitive bidding process as it was the lowest bidder for the previous power plant, Track 3B, which was won by 1MDB.

It cited YTL Power's 1BestariNet 4G education project award was similar to Track 4A in that the initial directly-negotiated contract with the government was cancelled but YTL Power subsequently emerged as the winner of the open tender over 19 other contenders.

CIMB Research said YTL Power has done well in competitive bids worldwide as demonstrated by Wessex Water in the UK and Power Seraya in Singapore.

“We estimate that the power plant would contribute about 10%-11% YTL Power's FY18 earnings and 25 sen to 40 sen towards YTLP's sum-of-parts based target price, which we had yet to impute.

“We think that the negative market sentiment on the stock currently is a good opportunity to accumulate YTL Power, as the value of its existing businesses is not fully reflected in the current share price,” it said.

Posted by leek > 2014-06-19 11:01 | Report Abuse

Sell

Posted by Kent > 2014-06-19 11:15 | Report Abuse

Haha.. leek keep asking ppl to sell while yourself is accumulating..

Posted by Peter5151 > 2014-06-19 12:45 | Report Abuse

i doubt so, how many can he accumulate ?

Posted by leek > 2014-06-19 12:50 | Report Abuse

Yalo.... see how long I have been waiting at 0.50? You think I am ytl so much cash in hand?

Posted by steveooikp > 2014-06-19 14:04 | Report Abuse

1.47 can buy arr?

Posted by leek > 2014-06-19 14:48 | Report Abuse

Sell.... this stock is hopeless.....

Posted by Peter5151 > 2014-06-19 14:58 | Report Abuse

I still think can get it at lower price ..later on

Posted by beeair2013 > 2014-06-19 15:02 | Report Abuse

A good fundamental sound company shall not become hopeless overnight just bcos surrender back a project. workers Union with hardworking workers do give constructive views. Some union that have lazy and non preforming workers only trouble maker that kill themselves. Do you know how many unions MAS have?

Posted by ket_60 > 2014-06-19 15:05 | Report Abuse

Buy ytlp to accumulate, long term investment..

Posted by smartly > 2014-06-19 15:25 | Report Abuse

the pull-out from the Track 4A may not be bad for YTLPOWR as it had demonstrated its ability to offer competitive rates in the tender exercise of Track 3B. Even if the EC goes ahead with Track 4A without YTLPOWR, the GEN1 IPP still stands a good chance in the upcoming tender exercise of Track 4B later of the year.

Posted by leek > 2014-06-19 15:29 | Report Abuse

Sell~~~~~

Posted by smartly > 2014-06-19 15:45 | Report Abuse

sapu....

Posted by Pak Lah > 2014-06-19 16:16 | Report Abuse

Congrats smartly

Posted by leek > 2014-06-19 16:34 | Report Abuse

Smartly sell.... lolz

Posted by cgtan2020 > 2014-06-19 17:02 | Report Abuse

http://www.theedgemalaysia.com/business-news/295322-highlight-ytl-francis-yeoh-urged-to-prove-innocence-of-cronyism-by-malay-business-ngo.html

Posted by cgtan2020 > 2014-06-19 17:02 | Report Abuse

KUALA LUMPUR (June 19): The Malay Economic Action Council (MTEM) has called upon the YTL Group and its high-profile managing director Tan Sri Francis Yeoh to “prove their innocence of cronyism”.

Francis Yeoh has come under fire after he said recently Malaysia needed to do away with “crony capitalism” like foreign countries, although Yeoh was himself widely seen as a crony of former Prime Minister Tun Dr Mahathir Mohamad who granted the first IPP concession to YTL.

Yeoh, who two weeks ago denied he was a crony of Mahathir, also faced criticisms from UMNO-owned newspapers and Mahathir himself last week.

At a press conference today, MTEM chief executive officer Mohd Nizam Mahshar pointed out that YTL has benefitted significantly through contracts awarded via direct negotiations with the government since 1955.

Some of the projects named were the IPP (independent power plant) concessions awarded for the Paka and Pasir Gudang Power Stations and the 1BestariNet project.

YTL, which was started by Francis’ grandfather as a small construction contractor getting jobs from the government, has expanded tremendously locally and globally under the leadership of Francis Yeoh in the 1990s.

YTL Corporation now operates in various segments including utilities, construction, IT, hotel, cement manufacturing, and property investment. Its subsidiaries that are listed on Bursa Malaysia include YTL Power International, YTL e-Solutions and YTL Land & Development.

“From MTEM’s side, we ask Yeoh as managing director of YTL Corp to prove their innocence. Prove that they were not cronies,” said Nizam.

MTEM wanted YTL to prove that the contracts won had benefitted the Malaysian people, specifically the Bumiputeras, and whether there are any “wealth sharing prospects” to address the wealth disparity in Malaysia.

When asked whether the government is the sole responsible party to address the issue of wealth disparity, Nizam answered: “No, it is not just the government’s responsibility. This is a job for the government, the private sector and even the civil societies.”

Nizam added that MTEM does not view YTL as the only “felon” in this matter, but said that there are many other Malaysian companies also guilty of the accusations.

However, Nizam declined to name other companies and said that MTEM wanted to focus on YTL for now.

“All these companies, YTL included, benefited in one way or another from the government’s good graces in the past but have yet to repay the favour , and in this case, by addressing income and wealth disparity in Malaysia.

“From our side, we would be happy to host a roundtable session with Francis Yeoh and other companies of similar calibre, to discuss disparity and wealth sharing in Malaysia which MTEM considers a national agenda,” said Nizam.

Posted by leek > 2014-06-19 17:28 | Report Abuse

By withdrawing from project 4A, YTLP will be able to take the project only with SIPP.... 50:50 share.... kick Tenaga out.... SIPP will become major power player... same as Sarawak Energy.... Johor Sultan wants a bigger say in his state's economy.... so.... pls sell...