Posted by xiaochen > 2022-04-30 09:45 | Report Abuse

BUT, things are different in Malaysia. The need of digital bank is quite high. Quite a lot of Malaysian is un-served by traditional bank.

If you see the Ah Long business, you can feel that the lending need is huge.

Posted by xiaochen > 2022-04-30 09:48 | Report Abuse

IF the court case for ATTARAT is ended and the decision is positive to APCO, RM
1 will not be a sweet dream anymore.

Posted by PorridgeRice > 2022-04-30 11:53 | Report Abuse

so we should buy YTL power for now already? still expecting them to drop and will drop. maybe?

Posted by myway > 2022-04-30 18:40 | Report Abuse

YTL Digital Capital Sdn Bhd (a subsidiary of YTL Corp Bhd)
Bank Negara Malaysia (BNM) has announced the five successful applicants of digital bank licences, as approved by the Finance Minister. The five are: a consortium of Boost Holdings Sdn Bhd (owned by Axiata Group Bhd) and RHB Bank Bhd; a consortium led by GXS Bank Pte Ltd and Kuok Brothers Sdn Bhd; a consortium led by Sea Ltd and YTL Digital Capital Sdn Bhd (a subsidiary of YTL Corp Bhd); a consortium of AEON Financial Service Co Ltd, its subsidiary AEON Credit Service (M) Bhd and MoneyLion Inc; and a consortium led by KAF Investment Bank Sdn Bhd. BNM said it received a total of 29 applications from companies and partnerships across different industries, with a mix of foreign and domestic applicants.
https://www.theedgemarkets.com/article/axiata-rhb-ytl-corp-aeon-credit-serba-dinamik-sapura-energy-digicom-pestech-international

Posted by myloh123 > 2022-05-02 06:52 | Report Abuse

YTL Digital Capital SB is actually a sub-sub of YTL Corp Bhd ie a direct subsidiary of YTL Power International Bhd . It is an investment holding company with an equity interest of 55.5% owned by YTL Power International Bhd ..please refer to Notes to the accountes under Note 15 -investment in subsidiaries on page193 of the Annual Report of YTL Corp. listed in Bursa.com

Posted by Mr. kiok > 2022-05-02 08:49 | Report Abuse

selamat Hari Raya

Posted by multi530 > 2022-05-06 09:32 | Report Abuse

awarded with a digital bankihg license but price not up

Posted by OnTime > 2022-05-06 14:55 | Report Abuse

digital banking will take time to roll out. ytlp has (for growth) data center, digital banking, 5G and (for value) utilities/renewable.

Posted by xiaochen > 2022-05-06 18:16 | Report Abuse

Let‘s talk about the digital banking.

1. The fund required to run this digital banking business doesn’t cause any problem to YTL Power.
The initial capital investment for Malaysia’s new digital banking licence is around RM100 million (unimpaired by losses) during the “foundational phase” of three to five years and by the end of five years, the consortium needs to achieve a minimum amount of capital funds of RM300 million (unimpaired by losses).
Wong noted that YTLP can easily fund the capital requirement (for its shareholding portion) with the recently completed RM3 billion cash proceeds from the disposal of ElectraNet Pte Ltd.
https://themalaysianreserve.com/2022/05/06/hlib-positive-on-ytl-powers-digital-banking-foray/


2. The market is there.
noting that around 55 per cent of Malaysians are unbanked or underbanked, representing a market size of 11 million people.
https://www.businesstimes.com.sg/asean-business/grab-may-have-advantage-over-other-players-in-malaysia-digital-bank-space-maybank


3. Profitable is achievable within 2-5 years.
2years example: Kakao Bank, which was listed in South Korea in August 2021, became profitable in 2019 after less than two years in operation.
https://www.thestar.com.my/business/business-news/2022/05/02/digital-banks-have-much-to-do
5years example: Estimate for hong kong digital bank will make profit after 5 years in 2024. I cant find the sources.


4. Unlikely to see material contributions from their digital banking units in the initial years.
https://www.businesstimes.com.sg/asean-business/axiata-ytl-unlikely-to-see-material-contributions-from-digital-banks-in-near-term

Posted by xiaochen > 2022-05-07 18:11 | Report Abuse

“我们预计大部分数字银行，在营运的首2至3年都将蒙受亏损。”

然而，当地两家数字银行领头羊，即由渣打银行主导的Mox银行，和众安银行（ZA Bank），目前都预计需等到2024年才能盈利。
https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E5%88%86%E6%9E%90%E5%91%98%E9%A6%963%E5%B9%B4%E6%96%99%E8%92%99%E4%BA%8F-%E6%95%B0%E5%AD%97%E9%93%B6%E8%A1%8C%E7%9F%AD%E6%9C%9F%E9%9A%BE%E8%B5%9A%E9%92%B1?utm_source=dable

Posted by xiaochen > 2022-05-07 18:13 | Report Abuse

“People are valuing our company in terms of dividends but our company holds a fair share of regulated assets. “There is a lack of understanding on how these assets should be valued,” group managing director Datuk Yeoh Seok Hong tells StarBizWeek.
https://www.thestar.com.my/business/business-news/2022/03/12/ytl-power-says-its-shares-are-undervalued

if im tauke of this company (with luxury director income), I would said the same point as Yeoh said. BUT im only minor share holder, dividends is my main and only income, why I should care about “how these assets should be valued”? I didn’t received DIRECTOR salary, BUT Yeoh family do.

Posted by xiaochen > 2022-05-07 18:14 | Report Abuse

Yeoh not capable to establish new business that makes profit. For example, YES telco. Im really sad with YES telco. Even with the contract with BN government, YES telco still keep losing BIG money for decade. Other major telco make BIG profit, even minor telco likes Tunetalk, Redone, Umobile make profit too. ONLY YES telco, still keep pumping money/milk from mother like an ungrown BABY.

YTL actually not bad, BUT the other stock perform much more better.

Posted by xiaochen > 2022-05-07 18:16 | Report Abuse

so, stay away from YTL

Posted by xiaochen > 2022-05-07 19:20 | Report Abuse

Why stay away from YTL? Because YTL not striving to create profit for share holder, BUT they tend to MAINTAIN Yeoh’s Family own luxury life style. These Yeoh can’t generate profit more than their luxury salary. Yeo need PARTNER to run their business. 肥水不流外人田。Yeoh claim director salary twice.

Posted by xiaochen > 2022-05-07 19:22 | Report Abuse

List of YTL Power board of director. https://www.ytlpowerinternational.com/about_us/bod_profile.asp?catName=about_us

Posted by xiaochen > 2022-05-07 19:24 | Report Abuse

List of YTL board of director.
https://www.marketscreener.com/quote/stock/YTL-CORPORATION-BERHAD-6491348/company/

Posted by lotuseater > 2022-05-08 12:09 | Report Abuse

If u r so unhappy with the company, just sell off the share & leave others alone.

Posted by myway > 2022-05-08 13:39 | Report Abuse

Why YTL or YTL Power both also didn't announce they got the DIGITAL BANK LICENSE. RHB BANK, Axiata and AEON CREDIT SERVICE all made the announcement.

Posted by dragon328 > 2022-05-08 17:07 | Report Abuse

xiaochen, I agree with you that dividends are important to minority shareholders like us. Dividends have been down to 4.5 sen to 5.0 sen in the past few years, that is discouraging. But I believe YTL Power had really no choice but cut down dividends in past few years due to non-performance of its few subsidiaries like Yes telco business due to competitive environment and PowerSeraya due to over-supply situation in Singapore electricity market then.
I think the bad times are behind us and the outlook of YTL Power is turning brighter. They have just delivered a couple of good news in the past 3 months - 1) disposal of Electranet for RM3.05 billion cash,, (2) the launch of green data centre in Kulai with the first 72MW under construction and another 162MW contract signed.
Hopefully YTLPI will declare higher dividends for FY2022 with its nett cash position now. I am hoping for at least 7.0 sen for FY2022 and then hopefully 10 sen for FY2023.

Posted by dragon328 > 2022-05-08 17:13 | Report Abuse

There should be some misunderstanding there when one claims that Yeoh directors got fat salary and director fees. The Yeoh directors have actually foregone their salary and director fees for 2 years when the company was making losses. The total fee of RM842k for non-exec directors was not too excessive though I reckon that they might not deserve it given the company has not performed in past 3 years.

Posted by dragon328 > 2022-05-08 17:16 | Report Abuse

That is why there were 216 shareholders who voted against this director fee payment during the last AGM. I would have voted against it too if I were there. I think they should have been paid just the RM1,000 attendance fee for each board meeting attended and no more.

Posted by dragon328 > 2022-05-08 17:20 | Report Abuse

Anyway I believe the outlook of YTL Power is becoming better with multiple re-rating factors coming in next few months - higher dividends from FY2022, Jordan power plant to start commercial operations in 2H2022, PowerSeraya earnings to rebound strongly, digital bank business to kick off from mid 2023, potential win of power import bid from Singapore, continued clinching of more data centre deals in its Kulai data centre park, etc.

Posted by OnTime > 2022-05-08 17:26 | Report Abuse

i'm concerned abt the attarat litigation case and hope it doesn't have a big -ve impact on ytlp

Posted by xiaochen > 2022-05-08 20:57 | Report Abuse

About Data Center

YTL Power International Bhd has completed the acquisition of Dodid Pte Ltd, the owner of a 12.5 megawatt (MW) tier-three data centre in Singapore.
https://www.theedgemarkets.com/article/ytl-power-acquires-125mw-green-hyperscale-data-centre-singapore

Purchase price remain unknown...so P&C one...huh

Seems like DC can contribute meaningful revenue contribution from 50MW DC. Reference from TIME DotCom.
“We expect meaningful revenue contribution from the second Cyberjaya facility in 2022. The site is ultimately scalable to 50 megawatts, and there is thus ample scope for further growth,” the research outfit said.
https://themalaysianreserve.com/2022/01/21/times-data-centre-expected-to-increase-its-revenue/

Malaysia data center market size is expected to grow at a CAGR of over 7% during the period 2020−2026.
https://www.prnewswire.com/news-releases/malaysia-data-center-market-size-to-reach-revenues-of-usd-1-4-billion-by-2026--arizton-301299041.html

Conclusion: YTL Power had done a good move by investing in DC with coming soon 240MW DC (2024).

Posted by xiaochen > 2022-05-08 21:00 | Report Abuse

Hopefully the coming QR, YES can made some profit with 5g is on high demand.

By the way, im holding YTLP since 2017.

Posted by Fuyohhh > 2022-05-08 22:09 | Report Abuse

Hold tight and just wait for it to come, when it does, all will be worth. No worry though

Posted by Jokers2020 > 2022-05-08 22:16 | Report Abuse

just hold for the profit to increase if you bought at below 60sen..

Posted by dragon328 > 2022-05-09 10:12 | Report Abuse

Xiaochen, I can understand your frustration. Many minority shareholders have been suffering from depressed share price of YTL Power in past few years. I have friends who bought into YTLPI at about RM1.50 per share and they are cursing the stock like hell.
I would call for patience and I think the re-rating time is finally arriving. If you have been holding it for 5 years or more, why not hold a bit longer to see if the share price will go back to the level you first bought? I foresee good share price rebounds back to RM1.50 level within the next 18 months.

Posted by xiaochen > 2022-05-09 12:16 | Report Abuse

haha, i just found out im holding this counter longer than i thought. My average price is RM 1.47...*&%￥#@

Posted by multi530 > 2022-05-09 14:40 | Report Abuse

@xiaochen, i keep average down till my money stuck.... :(

Posted by OnTime > 2022-05-09 14:43 | Report Abuse

their DC will experience explosive growth and I also like their other recession-proof businesses!

Posted by cwc1981 > 2022-05-09 16:09 | Report Abuse

Interim dividend should be announce this coming result

Posted by xiaochen > 2022-05-09 18:06 | Report Abuse

Seems like im not alone who lose BIG money in this counter.

Some points to look for the coming QR
1. How much profit could generate from the Singapore 12.5MW DC. Imagine what if the total DC come to 252.5MW in 2024.
2. How much YES could benefit from the launching of 5g. The free access to 5g is extended to June. Actually YES benefit a lot through its partner Shopee.
3. Is there any interim dividend announce.
4. Will the EPS been improved? How far will be this improvement, or getting worse.

Something not usual happen to YTLP.
1. listed as top 2 most active counter before.
2. Daily Trading Volume is higher than before.
3. The news/research is keep coming up.
4. conclusion: those big fish is preparing to goreng this counter.

Posted by dragon328 > 2022-05-10 10:47 | Report Abuse

I expect better results in this coming March quarterly result but may not have any big surprise.
I do agree with you that it is unusual for YTL Power to have such active trading volume in past 4 weeks. The peak volume of over 100 million on 8th April 2022 clearly indicated strong fund buying, likely to be foreign funds as local funds like EPF had been selling.

Posted by OnTime > 2022-05-17 17:59 | Report Abuse

wow, strong day for ytlp!

Posted by cwc1981 > 2022-05-17 18:54 | Report Abuse

yup

Posted by Icon 888 > 2022-05-25 06:31 | Report Abuse

Value investment

Posted by Icon 888 > 2022-05-26 02:06 | Report Abuse

Value investmen

Posted by Icon 888 > 2022-05-26 03:05 | Report Abuse

Good buy

Posted by Icon 888 > 2022-05-26 03:05 | Report Abuse

Buy now or Buy on dip

Posted by OnTime > 2022-05-26 14:04 | Report Abuse

I hear u

Posted by myway > 2022-05-26 18:09 | Report Abuse

NET PROFIT(+800%)

Posted by myway > 2022-05-26 18:12 | Report Abuse

Dividend 2 cent

Posted by OnTime > 2022-05-26 18:14 | Report Abuse

no special dividend?

Posted by cwc1981 > 2022-05-26 18:26 | Report Abuse

Maybe final dividend will be higher.

Posted by dragon328 > 2022-05-26 23:36 | Report Abuse

https://klse.i3investor.com/web/blog/detail/dragon328/2022-05-26-story-h1623448878-YTL_Power_Q3FY2022_Better_Outlook_in_Singapore_and_Increasing_Dividends

Posted by HF Isaac > 2022-05-27 07:53 | Report Abuse

Can anyone enlighten me on the gain from disposal of electranet? Supposed to gain at least 2 billion right but accounting suggest otherwise

Posted by xiaochen > 2022-05-27 09:21 | Report Abuse

Again，congrats to YES for off set the contribution from England. YES is really good for dragging the others.

YES is really impressed me for losing nearly RM ONE million per DAY. How can it be? Really no shame / no pressure at all sending this kind of financial result to BOARD? This YES remind me about Proton（before sell half of the share to Chine tycoon）, Mas airline....

Those board members are ONE family, so still can keep pumping money in YES years after years.

Anyway, 2 cents of dividend is good for me. Thank you YTLP.

Im pretty sure, if YTLP sell YES away or close YES business down, the share price will shoot up. No need for Malaysian for another telco like YES. No need for YTLP owning his own telco even with the digital bank license.

Posted by OnTime > 2022-05-27 09:44 | Report Abuse

Too many telco players in such a small Malaysian market. Agree at least a dividend is declared

Posted by kasinathan > 2022-05-27 09:52 | Report Abuse

81 cents is coming