Posted by leek > 2015-10-01 07:57 | Report Abuse

I can't afford to convert to 10,000 YTLP, but I can afford to buy 100,000 YTLP-WB... no rugi after all.... :p

Posted by smartly > 2015-10-01 11:04 | Report Abuse

aiyo leek, must try convert ma...
say if you convert wb at 0.42 add 1.14, you pay total 1.56
now mama at 1.61, you untung 5sen loh

Posted by smartly > 2015-10-01 11:05 | Report Abuse

but too late now

Posted by leek > 2015-10-01 12:29 | Report Abuse

5sen is nothing la.... too much trouble....

Posted by smartly > 2015-10-01 14:45 | Report Abuse

5sen X 100000 = RM5000 profit !

Posted by leek > 2015-10-01 16:27 | Report Abuse

That's why i said i can't afford to convert to 10,000 mum... but I can afford to buy 100000 wb and sell it after it up 5cents

Posted by leek > 2015-10-01 16:28 | Report Abuse

You convert to mum, your profit only 10,000 x 5 sen.....

Posted by CFTrader > 2015-10-01 16:40 | Report Abuse

leek, warrant is not so "worthy" when the mom is a divvy-type share...

Posted by leek > 2015-10-01 17:22 | Report Abuse

worthy or not is depend on whether the mom is powerful or not... YTL and YTLP might declare another special dividend in 6 months time simply because MYR dropped like hell n their profit up another 30%...

Posted by cgtan2020 > 2015-10-02 16:37 | Report Abuse

leek: their loan is in foreign currency as well, so it need to re-adjust as well.

Posted by leek > 2015-10-02 18:48 | Report Abuse

cgtan2020... so far SGD and GBP pretty firm against USD... only MYR and EUR dropped... it shouldn't affect any SGD/GBP/USD bonds or debts.... but it will gain much on MYR & EUR bonds/debts... :) :)

Anyway, since YTL convert all of their wbs into shares, it will reduce the volume of wbs in the market, maybe the family start SBB after they get their big fat dividend and small potatoes like me can benefit from it... :) :)

Posted by cgtan2020 > 2015-10-02 21:47 | Report Abuse

leek: what do you think the rational behind their conversion?

Posted by leek > 2015-10-03 02:07 | Report Abuse

1) Big fat dividend
2) Privatisation if they can't buy the power business from 1MDB
3) If announce any new big project, the family will be the biggest winner

Posted by smartly > 2015-10-03 22:47 | Report Abuse

i've 0 wb

Posted by smartly > 2015-10-03 22:47 | Report Abuse

all in mom now

Posted by smartly > 2015-10-03 22:48 | Report Abuse

make 6k paper profit ed

Posted by smartly > 2015-10-03 22:49 | Report Abuse

monday ex liao, see can gain more or not

Posted by smartly > 2015-10-03 22:50 | Report Abuse

if make another 2.5k after ex, i will cabut.

Posted by smartly > 2015-10-03 22:56 | Report Abuse

leek, if mum can go back to 1.70, then your son will be around 55sen. huat liao.

Posted by leek > 2015-10-04 03:35 | Report Abuse

What's the number of warrants left after YTL & Family converted theirs into mom shares?

Posted by ugorrkim > 2015-10-04 11:56 | Report Abuse

See tis quarter whether profit got increase or not...if yes will hold after cny due to RM depreciatìon benefit to ytlp

Posted by yloon > 2015-10-04 22:19 | Report Abuse

Smartly, why after ex it can gain more? 6000 paper gain means you got 60000 shares lor... Hehe but after Monday ex it should become 1.52 ma isn't it? How to make extra 2.5k?

Posted by smartly > 2015-10-05 12:43 | Report Abuse

yloon, expect it to go back to 1.55 - 1.56 level. then i cabut.

Posted by leek > 2015-10-05 14:42 | Report Abuse

Huatt liao

Posted by cgtan2020 > 2015-10-05 16:05 | Report Abuse

KUALA LUMPUR: Tenaga Nasional Bhd says the 21-year power purchase agreement with YTL Power Generation Sdn Bhd has expired on Sept 30, 2015.

The power giant said on Monday that following the expiry of the PPA – which was signed on March 31, 1993 -- YTL no longer exports power to the grid effective from Oct 1, 2015.

“Concurrently, a leasing agreement which YTL entered into with Tenaga Nasional to lease the latter’s land in Pakka, Terengganu and Pasir Gudang, Johor to build its power stations was also affected,” said Tenaga.

Tenaga said the PPA was the first PPA signed between Tenaga and an independent power producer and the only PPA that was based on take-or-pay mechanism for 21 years.

The total capacity of the power station in Paka is 780 megawatts (MW), consisting of two blocks of 390MW combined-cycle gas fired generation facility. The capacity of the power station inPasir Gudang is 390MW.

Posted by leek > 2015-10-05 16:41 | Report Abuse

Tak cukup power then macam mana? Hehe

Posted by fhis > 2015-10-05 16:43 | Report Abuse

Dont worry, only power from malaysia tak ada... most business are out of malaysia...can't always try to please the government...need to do like sugar king..lol

Posted by gozie > 2015-10-05 17:00 | Report Abuse

Was wondering why the share price dropped today so this lapse of the PPP agreement must be a factor. Glad I checked this forum.

Posted by leek > 2015-10-05 17:05 | Report Abuse

Petronas & Tenaga will surely bully gao gao YTL... go ask help from Hippo la Francis Yeoh... lolz

Posted by ceboo1 > 2015-10-05 18:19 | Report Abuse

let's see will YTLP delisted from KLSE, they should move their listing out of Malaysia. SGX or London stock exchange make sense to their asset. The only culprit will be the EPF holding....but, all in all, believe the light at the end of tunnel soon. Pondering about YTLP beyond Malaysia, let's call it YTLP 2.0.....why not?

Posted by cgtan2020 > 2015-10-06 07:18 | Report Abuse

WB reduce to only 157.196Million, YTLP Market Cap increase to 12.31Billion

Posted by kk123 > 2015-10-06 08:30 | Report Abuse

Bad news - PETALING JAYA: Tenaga Nasional Bhd (TNB) has stopped buying electricity from YTL Power International Bhd following the expiry of a power purchase agreement (PPA) between the two companies.

Posted by ceboo1 > 2015-10-06 09:39 | Report Abuse

No deal is better than bad deal....just see how Li K-shing of HK has done for his asset.

Posted by supernova > 2015-10-06 10:12 | Report Abuse

jialat liao tis counter, mamakthir related

Posted by cgtan2020 > 2015-10-06 10:27 | Report Abuse

YTL Power deal expires, bids for 'short-term' contract

Tuesday, 6 October 2015

By: INTAN FARHANA ZAINUL

Tenaga Nasional Bhd says the 21-year power purchase agreement with YTL Power Generation Sdn Bhd has expired on Sept 30, 2015.

Tenaga Nasional Bhd says the 21-year power purchase agreement with YTL Power Generation Sdn Bhd has expired on Sept 30, 2015.

PETALING JAYA: Tenaga Nasional Bhd (TNB) has stopped buying electricity from YTL Power International Bhd following the expiry of a power purchase agreement (PPA) between the two companies.

“With the expiry, YTL no longer exports power to the grid effective Oct 1, 2015,” TNB said in a statement yesterday.

It is unclear how the latest development would impact YTL Power. The company had previously said it was in discussions with the Energy Commission (EC) for an extension of the PPA.

Shares in YTL Power were unchanged at RM1.52, with 4.26 million shares being traded. The stock price was adjusted from its Friday’s closing price of RM1.62 as it was traded ex-dividend yesterday.

In the statement, TNB said the PPA, which was signed back on March 31, 1993 with YTL Power’s subsidiary – YTL Power Generation Sdn Bhd – expired on Sept 30, 2015.

“Concurrently, a leasing agreement which YTL had entered into with TNB to lease the latter’s land in Paka in Terengganu and Pasir Gudang in Johor to build its power stations was also affected,” TNB said.

The power giant said that the PPA signed with YTL Power was its first PPA with an independent power producer (IPP), and the only PPA that was based on a take-or-pay mechanism for a period of 21 years.

It has been reported that YTL Power has been selected under a “short-term capacity” bid by the EC to continue to supply electricity from its existing facility.

YTL Power had previously been quoted as saying that the company was currently in discussions on the terms and conditions and that the new PPA was expected to be signed for the period from March 1, 2015 to Dec 31, 2018.

According to sources, the bidding process for the new PPA has already closed and the result is expected to be announced soon.

“The short-term contract is expected to supply about 580MW of electricity, and should YTL bag the contract, it will continue to supply electricity from its existing power plants,” sources said.

YTL Power has two gas-fired power plants in Malaysia - one in Paka, Terengganu, and another in Pasir Gudang, Johor – with a combined generation capacity of 1,212MW.

Other IPPs, namely, Powertek Bhd, controlled by 1Malaysia Development Bhd (1MDB) and Malakoff Corp Bhd’s Port Dickson Power Sdn Bhd are also bidding for an extension of their PPA contracts.

Meanwhile, it is believed that YTL Power has received a conditional offer from the EC.

Among the conditions include YTL Power resolving land issues with TNB, as well as its gas supply agreement with Petroliam Nasional Bhd.

Recall, the EC had earlier announced that it would be conducting an open-bidding exercise to extend expiring PPAs to address a power shortage due to a delay in two major power plants and to maximise the use of the existing assets.

The two plants are 1MDB’s 2,000MW coal-fired power plant called Project 3B, and Project 4A, which is a 1,000MW-1,400MW gas-fired power plant to be built in Johor.

StarBiz had reported that while fast-tracking the construction of new power plants was one way of addressing the problem, industry players have opined that a more immediate solution was to look at repowering expiring power plants such as YTL Power, Powertek and Port Dickson Power.

“It may not be a long contract. They could just tap the existing plant to fill up the gap should there be a shortfall in the energy-generation capacity in view of the delays,” said an industry observer.

So far, the EC has extended the concession agreement for five IPPs, with a generating capacity of 2,915MW. The extension has been ongoing since 2011 when the EC took over the awarding of new power plants in the country in a move to revamp the national electricity-generation sector.

According to an analyst, about 15% of YTL Power’s profits are from its local power plant business, while the remaining comes from its overseas assets.

In the financial year ended June 30, 2015 (FY15), YTL Power’s net profit fell 25% to RM901mil from RM1.2bil in FY14. Its revenue was also down to RM11.93bil from RM14.44bil a year ago due to the lower units of electricity sold and the lower electricity price as a result of lower fuel prices.

Posted by derrickinvestor1 > 2015-10-06 15:28 | Report Abuse

it sure drop like hell

Posted by SkyWalk > 2015-10-06 17:55 | Report Abuse

Time to accumulate now, sure handsome return

Posted by kk123 > 2015-10-06 20:45 | Report Abuse

It shld have sold its power plant to 1mdb before expiry - like genting do that it can cash out.. Now the power plant quite worthless unless they can get renewal

Posted by cgtan2020 > 2015-10-07 11:49 | Report Abuse

Energy Minister confirms YTL Power given short-term contract

Wednesday, 7 October 2015

By: LEONG HUNG YEE

KUALA LUMPUR: The Energy Minister has confirmed that YTL Power Generation Sdn Bhd is among the three power producers which had been given short-term contracts.

The minister said on Wednesday the other two were Malakoff and Tenaga Nasional.

To recap, Tenaga had said the 21-year power purchase agreement (PPA) with YTL Power had expired on Sept 30, 2015.

The utility giant said that following the expiry of the PPA – which was signed on March 31, 1993 – YTL Power no longer exported power to the grid effective Oct 1, 2015.

The expiry also affected a leasing agreement between TNB and YTL Power Generation for the latter to lease Tenaga’s land in Paka and Pasir Gudang to build its power stations.

Posted by smartly > 2015-10-07 14:59 | Report Abuse

short-term contract is how long?

Posted by leek > 2015-10-07 15:02 | Report Abuse

3 years

Posted by leek > 2015-10-07 15:03 | Report Abuse

Can be renewed perpetually.... hehe

Posted by smartly > 2015-10-07 15:04 | Report Abuse

leek, 3 years, stated anywhere ?

Posted by eftee > 2015-10-07 15:07 | Report Abuse

21=2+1. Equals to Three lah simple math

Posted by leek > 2015-10-07 15:14 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2015/10/07/Power-integration-deal-expected-to-be-sealed-in-6-months/?style=biz

Posted by smartly > 2015-10-07 15:20 | Report Abuse

thks leek.
which mean ytlp has 3 more years of glamour as this piece can deliver 15% of profit.

Posted by smartly > 2015-10-07 15:21 | Report Abuse

huat lai liao leek.

Posted by smartly > 2015-10-07 15:40 | Report Abuse

at least there is light at the end of tunnel.

Posted by smartly > 2015-10-07 15:41 | Report Abuse

ytlp start picking up. 1.60 is where it heading.

Posted by leek > 2015-10-07 15:49 | Report Abuse

This is just the beginning... I believe YTLP can "buy" the project 3B back from 1MDB...