Posted by hng33 > 2013-08-28 19:36 | Report Abuse

I believe, if YTLP take over by YTL through share swap, the ratio will likely 1 to 1, unattractive offer. This is based on YTLP the fact that it cancelled the 3.3% treasury mostly bought at lower side of the share price in early these year, price range from 1.40-1.50 and latest range from 1.56-1.61.

Posted by KL Vin > 2013-08-28 19:57 | Report Abuse

They bought back their shares YTLPOWER at the range RM1.50 - RM1.80 ~~(Not just RM1.40-RM1.50)
And they keep support this counter at RM1.54 ~~
So I dont think the price will takeover below RM1.60 ~~~(Yeow Not same as Vincent Tan)
My friend attended the EGM...Yeoh tell them have to be patient !! For me ~~ I wont get "trap"(sell) when no dividend annouce...when no dividend annouce...MUST be a news coming out ! I just wallap Huge lots aT YTLPOWER-WB TODAY !! :d
Cheers !

Posted by miketyu > 2013-08-29 10:29 | Report Abuse

They cancelled the treasury shares. whats the implication?

Posted by lching > 2013-08-29 20:22 | Report Abuse

but how much are they going to offer? if price almost the same with current market price, what for?

Posted by hng33 > 2013-08-29 20:36 | Report Abuse

YTLP continue buyback share, so expect more treasury share to be cancelled once reach another 3% stake. I think if cancellation share continue, the total outstanding share will reduce gradually, therefore reduce swap ratio with YTL later.

Posted by JTFX > 2013-08-29 21:04 | Report Abuse

250 million shares cancelled.. more firepower to continue share buy back..new mandate..to absorb wotever EPF wants to throw..i continue to buy the WB on any weakness as hv sold all abv 0.52 last rally recently...

Posted by hng33 > 2013-08-29 21:10 | Report Abuse

Since YTLP have not declare any dividend, just keep share buyback and cancel later, holding WB actually have more advantage like: almost zero premium, good leverage about 4x and alike new warrant, still have 5 year tenure.

Posted by JTFX > 2013-08-29 21:26 | Report Abuse

Oil Falls, Shares Gain on Delay in Syria Action..Signs of delay in expected Western military strikes on Syria ended a three-day sell off on world share markets on Thursday, but investors were on edge over future turmoil in the Middle East.

Posted by Abudance > 2013-08-29 21:31 | Report Abuse

Juz heard CNN that if there is a war strike, its likely this sat. It's more of a question of when. Tomorrow is Friday and usually profit taking anyway ... So it would be interesting to see if sell down will be drastic again...

Posted by miketyu > 2013-09-03 17:08 | Report Abuse

surge high

Posted by hng33 > 2013-09-05 10:13 | Report Abuse

With good support for mum share YTLP through consistent share buyback, accumulating YTLP-WB offer limited downside risk and once confirm take over news through share swap with YTL, WB will boom up

Posted by miketyu > 2013-09-05 10:14 | Report Abuse

This happened before to YTL Cement? How to calculate

Posted by hng33 > 2013-09-05 11:35 | Report Abuse

I think the swap ratio between YTLP and YTLCorp likely to improve from 1: 1 to 1: 1.2, with indicating price for YTLCorp at RM 1.50

Posted by JTFX > 2013-09-05 12:03 | Report Abuse

load up the WBs below 0.40 n sell abv 0.50... 20-30% upside...

Posted by hng33 > 2013-09-05 12:42 | Report Abuse

I think better wait for upcoming take over offer first.

Posted by miketyu > 2013-09-05 12:46 | Report Abuse

So which one is better? Holding the wb or share? If they decide to privatize then wb will lose its value right?

Posted by hng33 > 2013-09-05 12:50 | Report Abuse

I believe the swap ratio have improve to 1 YTLP to 1.2 YTL corp and 0.4 YTLP WB to 1 YTLcorp, with indicating price for YTL corp at 1.50 (5 sen more than previous take over for YTL cement at 1.45)

Posted by hng33 > 2013-09-05 14:42 | Report Abuse

YTLP is like previous YTL cement case which its business is about to turnaround. The major dragging Wimax is expect to narrowing loss further and YTLP earning is expecting to improved significantly in next quarter due to

1. Stronger US dollar, Singapore dollar, UK pound

2. Price hike in Wessex Water

3. Price hike in Electranet

4. Further narrowing loss in Wimax and 1 besterinet capex is at tailing end and about ready to contributing earning

Posted by hng33 > 2013-09-05 14:44 | Report Abuse

In addition, YTLP share price is now trading above moving average and signal uptrend to be resume soon.

Posted by Leesk > 2013-09-05 17:55 | Report Abuse

But no dividend payment. anybody know why?

Posted by Jerry > 2013-09-05 18:08 | Report Abuse

THE UPTREND IS CAUSED BY THE SHARE BY BACK. PRETTY SAFE COUNTER, BUT DONT EXECTED IT WILL UP LIKE CRAZY

Posted by wm83 > 2013-09-05 19:30 | Report Abuse

so masuk?!

Posted by hng33 > 2013-09-05 19:56 | Report Abuse

Share buyback and later cancel it, is much more better than cash dividend> Share buyback not only deem as own share is undervalue, it reduce share overhang by weak holder, it increase EPS and value of share once the treasure share is cancel. The share buyback rather than cash dividend particularly benefit its warrant, it increase its appeal more and YTLP WB still have 5 year tenure should finally trading at premium.

Posted by Jerry > 2013-09-05 20:01 | Report Abuse

there are advantages of no dividend given, if you're looking for dividend you certainly went to the wrong counter. Years ago YTLP is for best dividend counter, now buy and hold for M&A news but make sure it's just a small part of your investment money, cause nobody knows when they will do it.

Posted by hng33 > 2013-09-06 12:00 | Report Abuse

I believe YTLP opt to cancel the treasury rather than redistribute back to shareholder is proof the thesis that privatization through share swap is on the way.

By cancel the share, it essentially reduce the number of YTL share to be issue under share swap, reduce dilute effect of Yeoh family stake in YTLcorp, and increase value of Yeoh family direct stake in YTLP and YTLP-WB

YTLP will keep buyback its share from open market once the targeted exchange ratio is reach and announcement of share swap will be make offer to minority shareholder

Posted by Jerry > 2013-09-06 17:11 | Report Abuse

certainly, M&A is in progress. Step by step, because ytlp largest shareholder beside ytl is EPF. They control it thru ytl. I just bought in 1.65 today when seeing buying force is so strong at that level, if no mistake shar buy back is excercised at rm1.66-1.65

Posted by kelvintcg > 2013-09-06 17:16 | Report Abuse

YTL power sudah ada power ! EPF throw how much, YTL family makan all, but look like they are still very hungry due to the digest system now function very well. Ha.. Ha.. Hoping that big and good news to be announced very soon. Be patient..

Posted by Jerry > 2013-09-06 18:12 | Report Abuse

another 3.3 mils purchased

Posted by sasopi87 > 2013-09-06 20:19 | Report Abuse

news coming soon..............

Posted by babu > 2013-09-07 08:10 | Report Abuse

YTLP continued sharebuy back is good and will support the price; but see EPF transactions also blur what they are trying to do : the last 3 transaction macham playing the fool - buy 1,268,500, followed by sell 4,000,000, followed by sell 1,268,500 ! Next, what will EPF do ? I follow them closely, they are our retirement fund manager.

Posted by ejtic > 2013-09-07 17:04 | Report Abuse

The weaker ringgit, the better YTLP profits. Next quarter will be a big jump for them as their business are all over the world i.e. UK, S'pore, Australia. It's definitely a plus for YTLP.

Posted by hng33 > 2013-09-09 09:24 | Report Abuse

Agree, stronger UK pound + Sing dollar definitely are the bonus to YTLP. Also, develop 1besterinet should further narrow Yes Wimax loss.

Posted by miketyu > 2013-09-09 09:33 | Report Abuse

according to HLB bank analysis today YTLP has 59% of debt to 24.5% of cash ratio. Mas at loss is 55%, YTLP at 59%. no wonder all the bank has rated the TP low

Posted by miketyu > 2013-09-09 09:35 | Report Abuse

Stocks that failed the debt ratio are most vulnerable to
selldown by Islamic funds while both Islamic and
conventional funds may also take preemptive actions by
reducing their holdings in these stocks ahead of adoption.
This is despite the 6 months grace period given to Shariah
funds after effective date of Nov 13.

Posted by smartly > 2013-09-09 10:27 | Report Abuse

hng33, is there any rational behind why the swap ratio being offered as such ? mind to explain ?

Posted by Jerry > 2013-09-09 15:10 | Report Abuse

HHope today buy back limit up to 1.70

Posted by smartly > 2013-09-09 15:44 | Report Abuse

don't think the buy back will limit up the share price. it will do it slowly & not aggravate the price too much.

Posted by Jerry > 2013-09-09 16:56 | Report Abuse

moved up another 2 cents :D

Posted by JTFX > 2013-09-09 17:30 | Report Abuse

Nikkei up 2.5%..Shanghai up 3.4%..Dow futures up 0.23%..hope KLCI up another 20 points tomorrow...

Posted by Jerry > 2013-09-09 18:36 | Report Abuse

share buy back 1.65-1.68. maybe tommorow 1.68-1.70? lol...

Posted by kelvintcg > 2013-09-09 19:35 | Report Abuse

every day up 2 cents is considered good already, 10 hari sudah 20 cents, warrant B lagi kuat naik in terms of percentage ! If suddenly suspend means good news lai liau, durian lak liau(runtuh),ho chak ho khun liau, ha ha ..

Posted by hng33 > 2013-09-10 09:39 | Report Abuse

Interest in WiMAX players grows amid possible DiGi M&A

PETALING JAYA: Shares of WiMAX operators rose on active trading yesterday amid speculation of a possible rise in merger and acquisition (M&A) activity in the telecommunications space, with DiGi.Com Bhd seen as possibly being on the hunt to buyout such companies.

StarBizWeek had reported over the weekend that large telco operator needs for wireless spectrum could become the basis for such M&A activity. The report quoted analysts who had speculated DiGi.Com Bhd could be looking at buying out WiMAX players primarily for their wireless spectrum.

Shares of Green Packet Bhd, the major owner of WiMAX operator Packet One Networks Sdn Bhd, rose the most, gaining by 7 sen or 21% to close at 40 sen, with 31 million shares traded.

The shares of REDtone International Bhd and YTL Power International Bhd, the owners of the other two WiMAX operators in the country, rose marginally by 1.2% and 3.13% respectively.

A dealer noted that he wasn’t surprised that Green Packet shares rose the most amid the M&A speculation, considering that the company had already declared some time ago its intention to seek possible “strategic alternatives”.

Last October, following press reports that Green Packet had received bids for its 61% stake in P1, Green Packet had confirmed that it was exploring strategic alternatives for P1 “including the possibility of merger, consolidation, to sell a stake and other options to maximise shareholders value.”

The report by StarBizWeek had highlighted that major telco’s such as Maxis and Celcom have been quick to ink collaboration deals with other recipients of the valuable 2600 MHz wireless spectrum band, leaving DiGi with the least amount of access to that spectrum.

DiGi also has only a fraction of the 900 MHz spectrum that both Celcom and Maxis have.

Posted by hng33 > 2013-09-10 09:56 | Report Abuse

Time to move up above RM 1.70, YTLP-WB still dragging behind should play catch up to match it mum performance, and trade at premium instead of discount now.

Posted by hng33 > 2013-09-10 10:14 | Report Abuse

Yes, trade at RM 1.70, next target RM 1.75

Posted by smartly > 2013-09-10 10:18 | Report Abuse

YTLP-WB is indeed very cheap at 0.47, it should now worth at least 0.49.

Posted by hng33 > 2013-09-10 10:23 | Report Abuse

True, YTLP-WB should at least trade at 49sen for zero premium.

Posted by JTFX > 2013-09-10 10:57 | Report Abuse

a lot of intra day traders here...riding the uptrend for 0.5-1cts every turn...

Posted by hng33 > 2013-09-10 11:32 | Report Abuse

If YTLP can sustain its uptrend, it will attract more and more serious investor whose appreciate the value embedded of the company.

Posted by smartly > 2013-09-10 11:38 | Report Abuse

if ytlp sustain above 1.70, ytlp-wb will be even move appealing.

Posted by Jerry > 2013-09-10 12:31 | Report Abuse

i never buy warrant before. why buy YTLp-WB?