YTL POWER INTERNATIONAL BHD

KLSE (MYR): YTLPOWR (6742)

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Last Price

3.65

Today's Change

-0.18 (4.70%)

Day's Change

3.61 - 3.79

Trading Volume

20,375,500


46 people like this.

31,974 comment(s). Last comment by Zhuge_Liang 23 seconds ago

CSS1234

64 posts

Posted by CSS1234 > 2019-07-02 18:55 | Report Abuse

Don’t worry,yes will be on sales.

tipumakan

209 posts

Posted by tipumakan > 2019-07-02 20:57 | Report Abuse

Pls. Sell it. They should not be in this industry at the first place.

Investor 8

104 posts

Posted by Investor 8 > 2019-07-03 15:47 | Report Abuse

Ministry of Education has breached contract over Frog VLE, says YTL Communications
TheEdgeWed, Jul 03, 2019 - 2 hours ago

KUALA LUMPUR (July 3): YTL Power International Bhd’s 60%-owned YTL Communications Sdn Bhd has claimed that the Ministry of Education as being in breach of contractual obligations.

In a statement today, YTL Communications said it has invested more than RM4 billion in building up the infrastructure in schools for a 15-year project for the Frog Virtual Learning Environment (Frog VLE).

The company has approval from the Malaysian Communications and Multimedia Commission (MCMC) to operate a 2.3 GHz WiMAX wireless broadband network in Malaysia.

Providing a background on the matter, YTL Communications said that when the Ministry announced on June 27, 2019 that it had awarded the interim services to Telekom Malaysia Bhd, Celcom Axiata Group Bhd and Maxis Bhd, it had come to it as a complete surprise.

“The Ministry had excluded YTL Communications, reneged on its statement to call an open tender and agreed to pay for the internet services to the 3 appointed ISPs, although we had offered the services for free,” it said.

The company said it was its legitimate expectation that it would be given an extension of the contract into the next phase.

“We view the Ministry’s actions as being in breach of their contractual obligations to us. Disappointingly, they have not acted in good faith, in respect of what we have been informed and what has actually been implemented.

“We remain committed to serving the nation in this very critical sector of our nation and believe we have a continued role to play,” it said.

YTL Communications said while it is still seeking clarity, the company is again shocked to learn on June 28 of a post that appeared on the Facebook page of “Friends of Maszlee Malik” that gave 7 reasons why the 1BestariNet project should be terminated.

“This article, which may have been using the Minister’s name without his knowledge, contained points which we deem as false and slanderous,” it said.

As responsible corporate citizens and not seeking to disrupt Internet services to those schools, YTL Communcations said it had written to Education Minister Dr Maszlee Malik on May 31, 2019, confirming it would provide a complete solution of free Internet services, as well as the Frog VLE for the interim period until the tender was called and awarded.

The firm said the 1BestariNet project was awarded to YTL Communications in 2011, after an open tender for a 15-year service contract to be implemented in phases.

It said the scope of works included providing a total learning solution comprising internet connectivity, security and Frog VLE.

“It was intended that a review would be undertaken after each phase, before reaching agreement on the next phase,” it said.

yongch

1,104 posts

Posted by yongch > 2019-07-04 10:59 | Report Abuse

这大儿子欺负小股东,因果报应只是开始,一旦股票换取,会有更多更大的管教,求上帝好好管教他们这家人!!!!

tew66666

289 posts

Posted by tew66666 > 2019-07-05 09:47 | Report Abuse

Sell.sell.sell before regret. THE REASON IS I THROW OUT THE CHINESE BEI TWICE. The result is bad.

tew66666

289 posts

Posted by tew66666 > 2019-07-05 10:38 | Report Abuse

If bestari net not secure 90% of ytlp bussines is from oversea not Malaysia. Some more the seraya bussines is bad.

Investor 8

104 posts

Posted by Investor 8 > 2019-07-05 14:19 | Report Abuse

TNB down on possible electricity sector liberalisation
TheEdgeFri, Jul 05, 2019 - 44 minutes ago

KUALA LUMPUR (July 5): Tenaga Nasional Bhd's (TNB) share price fell as much as 64 sen or 4.53% to RM13.50 as at Bursa Malaysia's afternoon break today, on news that the government is studying a proposal to liberalise the country's electricity retail sector.

At 12:30pm, state-controlled utility TNB cut losses at RM13.58 with 2.88 million shares exchanging hands. TNB was Bursa Malaysia's top decliner.

Malaysiakini, quoting the Energy, Science, Technology, Environment and Climate Change Ministry's parliamentary written reply dated July 3, reported today that the government is conducting a study on whether to allow new energy suppliers to come into the market, with the results to be made known soon.

It was reported that if the government decides to go ahead with the plan, this would mean TNB will no longer be the sole choice for consumers in Peninsular Malaysia to buy electricity.

"The ministry is scrutinising and studying the proposal to liberalise the electricity retail sector to allow users to choose electricity suppliers other than TNB. With regards to this, the ministry is expected to table its findings to the Cabinet in the near future, to help determine the future of the electricity supply industry," the ministry was quoted as saying in its parliamentary written reply to Jasin MP Ahmad Hamzah's query.

It was reported that Ahmad wanted to know if the electricity sector will be liberalised to promote more competitive tariffs.

The ministry was quoted as saying a study is being conducted to determine whether the liberalisation of the electricity retail sector will indeed result in more competitive tariffs for consumers.

Investor 8

104 posts

Posted by Investor 8 > 2019-07-05 14:19 | Report Abuse

Will this benefit YTLPOWER?

tew66666

289 posts

Posted by tew66666 > 2019-07-05 17:07 | Report Abuse

Run away make decision or buy when it is final

gsi723

907 posts

Posted by gsi723 > 2019-07-05 17:59 | Report Abuse

If liberalise & open for competition, I think ytlp has some advantage, at least to capture a pie of mkt share.. they can do things better than TNB, I guess

Lol

129 posts

Posted by Lol > 2019-07-05 21:50 | Report Abuse

hmm..... yes 4g...disappointed.....management problem?

Win188

276 posts

Posted by Win188 > 2019-07-06 11:19 | Report Abuse

any idea? hold or sell?

Posted by gotiagua > 2019-07-06 12:59 | Report Abuse

Many more potential shares nowadays, why hold ytlpower?

l3ryan

669 posts

Posted by l3ryan > 2019-07-08 11:16 | Report Abuse

a lot of bad news for YTLpower

thanaraj

115 posts

Posted by thanaraj > 2019-07-08 12:32 | Report Abuse

ytl power seems to go into a lot of problem these days though now pays dividend at 6.06% but better than yr bank FD rate of 3 to 4%pa . You cannot keep it for the dividend only since it pays the dividend only once in a year. I cannot sell now as well since I bought it a few years ago at rm 1.30 per share and now dangling only around rm 0.80 per share. So keep or sell you shall face problem. Also my YTLand fate is unknown. Any advice from investors and i3 or research houses is really welcome.thana.

tew66666

289 posts

Posted by tew66666 > 2019-07-08 13:03 | Report Abuse

Ytlp got 7.6 billion cash . This year is the onn year for those surname yangeg ministernyang married to IOI boss and ytl bought lafrance cement. Wait next month 4% dividen.

tew66666

289 posts

Posted by tew66666 > 2019-07-08 13:04 | Report Abuse

Next month ytlp will up to 88

l3ryan

669 posts

Posted by l3ryan > 2019-07-08 13:07 | Report Abuse

Instead of just the cash pile, have to look at their massive borrowings as well. Have to really hold long term and hope for their business outlook to turnaround. At this point in time i think investors can just look forward for the Jordan power plant.

tew66666

289 posts

Posted by tew66666 > 2019-07-08 13:09 | Report Abuse

Press the price down big boss buy and sell at high price.

tew66666

289 posts

Posted by tew66666 > 2019-07-08 13:11 | Report Abuse

Ministry sign agreement already and owe 200 million to ytlp and the case can bring to court. Do u think ministry should won the case ?

l3ryan

669 posts

Posted by l3ryan > 2019-07-08 13:20 | Report Abuse

where is the source about 200million owe to YTLP?

tew66666

289 posts

Posted by tew66666 > 2019-07-08 14:56 | Report Abuse

Sin chew last week

tew66666

289 posts

Posted by tew66666 > 2019-07-08 14:58 | Report Abuse

Ministry accused ytlp havent paid the electricity bill. 30 milion Ytlp reply ministry havent paid the new contract bestari net cost 200 million.

Posted by armadasaxon > 2019-07-08 17:48 | Report Abuse

dream la they pay 6%

Posted by armadasaxon > 2019-07-08 22:08 | Report Abuse

Seraya loses
1vestari loss
Wessex lower profit

Can compute any good things pls

7300

2,152 posts

Posted by 7300 > 2019-07-08 22:25 | Report Abuse

contract stated residents within 5 km of school,can get bicycle speed internet Kuchi Elek connection

7300

2,152 posts

Posted by 7300 > 2019-07-08 22:28 | Report Abuse

Yesss!...apa malu,people don't know wan!!

Pen6

239 posts

Posted by Pen6 > 2019-07-09 10:51 | Report Abuse

yongch 这大儿子欺负小股东,因果报应只是开始,一旦股票换取,会有更多更大的管教,求上帝好好管教他们这家人!!!!
04/07/2019 10:59 AM
點白無常马先生出手了吧, 一起来唸 Down Down Down YTLP 50c 50c 50c..........40c 40c 40c ...

Posted by armadasaxon > 2019-07-09 13:00 | Report Abuse

Looks like they keep biting the gomen and dont want to let go..seems the loss is gonna be huge.

Posted by Jonathan Keung > 2019-07-09 13:03 | Report Abuse

ytl? needs to realign their business model. they are now dealing with PH not BN. no baggages no favour no business

l3ryan

669 posts

Posted by l3ryan > 2019-07-09 13:43 | Report Abuse

YTL communications release full transparency on the issue and the answers given by the ministry is indeed dodgy, it does seems like the decision to pay millions for the other 3 ISPs over the 6 months period is dodgy since YTL mention clearly they will continue to provide for free without any special conditions.

adamyeoh

27 posts

Posted by adamyeoh > 2019-07-09 14:27 | Report Abuse

finally. someone is looking for 79cents.

adamyeoh

27 posts

Posted by adamyeoh > 2019-07-09 14:27 | Report Abuse

buy now 79cents

tew66666

289 posts

Posted by tew66666 > 2019-07-09 15:41 | Report Abuse

Ytlp still a profitable company with profit 600 over million a year and reserved 7.6 billion. Why worry. O guess next month dividen 3.5 cent still very good company.

tew66666

289 posts

Posted by tew66666 > 2019-07-10 08:10 | Report Abuse

Ytlp may drop in short while but wont died bec strong reserved and ytl control 60%. Good in long run. Take the dividen next month first.

tew66666

289 posts

Posted by tew66666 > 2019-07-10 08:31 | Report Abuse

Please read today sin chew. If the case bring to court education ministrry got problem. Break the contract. Buy now

gsi723

907 posts

Posted by gsi723 > 2019-07-10 20:03 | Report Abuse

Between ytl & black shoes, probably ytl is more credible...

gsi723

907 posts

Posted by gsi723 > 2019-07-10 22:07 | Report Abuse

Seem that ytl YES still got hope... Just read about terragraph & gigawire..

tipumakan

209 posts

Posted by tipumakan > 2019-07-11 12:41 | Report Abuse

demonstrates only. not in commercial. even already commercial, can earn money or not still another question. better hope for seraya turnover, solve all the problem..

nkk53

1,426 posts

Posted by nkk53 > 2019-07-12 19:46 | Report Abuse

0.80 same price with Ecoworld.Buy Eco which appreacite faster

l3ryan

669 posts

Posted by l3ryan > 2019-07-13 11:43 | Report Abuse

they are indeed in a challenging business outlook now, wont be making losses but definitely will be making lesser profit moving forward and that is not a good sign for shareholders.. just curious how low the share price would go..

l3ryan

669 posts

Posted by l3ryan > 2019-07-13 11:43 | Report Abuse

Ecoworld drop much and oversold, might be able to bet for some technical rebound

Posted by charles pang kah keet > 2019-07-18 18:54 | Report Abuse

Buy mtronic global berhad 0043, lee kim Yew want to interest to take this company,buy n hold.he want to remove current director n want appoint new director go inside,them want planning new buisness coming.

Posted by charles pang kah keet > 2019-07-18 18:56 | Report Abuse

Later have announcment will push up the price,Now market Looking for this lee kim yew.

Posted by charles pang kah keet > 2019-07-18 18:57 | Report Abuse

Tp price 0:15.

VvinctLGC

49 posts

Posted by VvinctLGC > 2019-07-19 13:31 | Report Abuse

Planning to sell tis useless share & put all the money in Revenue company it's more efficiency.

VvinctLGC

49 posts

Posted by VvinctLGC > 2019-07-19 14:26 | Report Abuse

Brought in at price Rm1.64 per share....

tonywong8

476 posts

Posted by tonywong8 > 2019-07-20 09:07 | Report Abuse

Bought at Rm0.855, still loss money. Hope for good dividend next month announcement

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