Posted by hng33 > 2022-11-27 20:53 | Report Abuse

YTL JV with Strides Mobility, together with Airetec and Yes Energy formed a consortium that won a tender from the Land Transport Authority (LTA) to install, operate and maintain electric vehicle (EV) chargers charging points at Housing & Development Board (HDB) carparks in the Central and East regions of Singapore

https://stridesmobility.sg/wp-content/uploads/2022/11/Media-Release-Strides-Mobility-YTL-PowerSeraya-win-tenderto-build-public-EV-charging-pointsform-ChargEco-to-accelerate-Singapores-decarbonisation.pdf

Posted by hng33 > 2022-11-27 21:02 | Report Abuse

Singapore plans to import up to 4GW of low-carbon electricity by year 2035F or about 30 per cent of its total supply.

YTL Power Seraya in Singapore has been selected for a two-year trial to import 100 megawatts (MW) of electricity from Peninsular Malaysia. YTL Power acquired 664 hectares (ha) of oil palm estates in Kulai, Johor from Boustead Plantations to develop the land into a large scale solar power plant with a generation capacity of up to 500MW. The first 100MW generate from these solar farm will be ready by end 2023 and start trial to export these low carbon electricity to Singapore by early 2024.

Posted by hng33 > 2022-11-27 21:13 | Report Abuse

YTLP, wholly own subsidiary, YTL development.uk, is developing multibillion Brabazon Park in UK. will be the largest new urban park in the south west for over 50 years.

The design of the Park takes inspiration from aviation engineering, aiming to capture the historical, cultural and ecological uniqueness of the former airfield

https://ytldevelopments.co.uk/latest-news/plans-approved-for-brabazon-park

Posted by hng33 > 2022-11-27 21:33 | Report Abuse

YTL Data Centers is the digital infrastructure arm of YTL Power International Berhad, which is headquartered in Malaysia and listed on Bursa Malaysia.

Supported by a diverse network of experts with both global and local expertise, we build data centres designed to optimise energy efficiency, scalability and reliability.

To enable the sustainable growth of today’s data-driven world, we have a goal to power our data centres across the South East Asia region with 100% clean and renewable energy.

This starts with our bold vision to build a Green Data Centre Park in Johor, Malaysia, which will be powered by up to 500MW of renewable energy through solar farms planted within the site.

YTL’s Johor Data Center 1 is located in the Iskandar region in Johor, Malaysia. It is a 530,000 sqft development, power by 72MW solar capacity. The first data center is 3-storey building consists of 2 wings of Data Hall suites and M&E rooms. It has 8 Data Hall suites spread over 2 wings per floor (total of 24 Data Hall suites). The Data hall is use for provision of onsite office space, storage and parking facilitie.

YTL data center also partner GDS Holdings Limited co-develop 168MW of data center capacity, across 8 individual data center facilities, at the upcoming YTL Green Data Center Park in Johor, Malaysia. The first phase of the co-development will enter service in 2024.

The 500MW solar power generate aside use to supply green energy to power up initiate 72MW + 168MW Data center, it also use 100MW to export to Singapore under 2 year pilot green power supply agreement with Singapore

Posted by xiaochen > 2022-11-29 08:49 | Report Abuse

@dragon328, hopefully FY2024 will be boosting year for YTLP. 5% DY is achievable provided the company keep increase their net profit. 10 sens of dividend, is very possible for YTLP, if with the aid from APCO and DC.

Posted by xiaochen > 2022-11-29 08:56 | Report Abuse

YTL Power to spend RM15bil on data centre

https://www.thestar.com.my/business/business-news/2022/11/29/ytl-power-to-spend-rm15bil-on-data-centre

Haha, this analysis is estimating 6 sens dividend for FY2023...If really 6 sens, huat liao.

Posted by hng33 > 2022-11-29 10:25 | Report Abuse

bought ytLp at 70.5sen

Posted by hng33 > 2022-11-29 11:01 | Report Abuse

added more ytlp at 71sen

Posted by xiaochen > 2022-11-29 12:18 | Report Abuse

All telco in Malaysia make money, Tunetalk, Time.com, U-mobile, even XOX all make money, ONLY YES is no.

Can you imagine 84m lose per quarter? It's means the net profit is cut down 1 sen per share.

YTLP got 8.158b of share.
84m / 8.158b = 0.01. This is per quarter.
YES are famous of its loses all around the year, so total lose will be at least 0.04 sens per year.

If all this 0.04 sens turn into dividend, and share among share holders, what will happen to the stock price?

Posted by xiaochen > 2022-11-29 12:23 | Report Abuse

The worst part is, YES never bankrupt!
YES will endlessly continue act like parasite, never contribute but asking fund aid from mama.

Posted by dragon328 > 2022-11-29 17:06 | Report Abuse

Yes xiaochen, we can certainly look forward to at least 7.0 sen dividend from FY2024.

This is after Wessex water tariffs start to reflect the higher inflation and higher interest rates from 4QFY2023 onwards, and PowerSeraya continues reporting strong earnings due to tight supply market in Singapore.

Posted by dragon328 > 2022-11-29 17:08 | Report Abuse

Then from Q3FY2024 onwards, we shall see maiden contribution from the 100MW green power export to Singapore (for 2 years) and the first green data centre park in Kulai

Posted by dragon328 > 2022-11-29 17:14 | Report Abuse

The Star article reported that Wessex would report higher revenue of RM257 million in 2023, that would flow directly into the bottom line.

YTLPI reported a tiny earnings contribution of RM20m pretax profit from Wessex in its Q3FY2023. Imagine that from Q4FY2023 Wessex shall report RM257m/4 = RM64 million of extra profit, quarterly PBT contribution from Wessex shall increase back to the "normalised" RM80-90 million per quarter.

Add the RM289m PBT contribution from PowerSeraya, PBT shall top RM300m per quarter if we allow continued RM70m loss for the telco business. Annualised pretax will come to RM1.2 billion and net profit may come to RM900 million or EPS of 11.0 sen

Posted by cwc1981 > 2022-11-29 17:27 | Report Abuse

Wah 11 cents. 50percent payout also good liao

Posted by dragon328 > 2022-11-29 22:00 | Report Abuse

I think the management will be very generous in dividend payout from FY2024, it should be over 70% payout, or at least 7.7 sen dividend from FY2024.

In fact, operating cashflows will be stronger than the projected RM900m net profit as we add back depreciation charges, but we need to set aside RM750m - 900m capex for each year mainly for the development of green data centre and solar farm installation, so free cashflows may come back to RM900-1,000 million.

Posted by xiaochen > 2022-11-30 09:21 | Report Abuse

Date: 2022-11-29
Firm: HLG
Stock:YTLPOWR
Price Target: 1.08
Price Call: BUY

So, @dragon328 is estimating exactly the same amount of dividend paid as HLB is estimating.
Big possibility will come true.
Huat ah.

Posted by 10bagger10 > 2022-11-30 10:33 | Report Abuse

Dragon sifu, ytl or ytlpower which one more undervalue

Posted by dragon328 > 2022-11-30 12:05 | Report Abuse

@xiaochen, I thought Hong Leong analyst only projected net profit of RM545 million and dividend of 4.5 sen for FY2023? It is from its report dd 25 Nov 2022.

Is there an updated report on 29 Nov? Pls share

Posted by dragon328 > 2022-11-30 12:09 | Report Abuse

@10bagger10, I am no sifu, just a retail investor who spends more time in studying these companies' businesses and financials.

To me, YTL Corp is more undervalued in the longer term as it owns stakes in YTL Power, YTL REIT, Singapore Starhill REIT, the largest tract of urban land in KL Sentul, the largest tract of land in Japan Niseko, the largest cement company in Malaysia with dominant 67% market share. But some of these assets take longer time to realise their potential, eg. Niseko land and Sentul land. The immediate catalysts are expanding earnings from YTL Power and MCement.

Posted by dragon328 > 2022-11-30 12:12 | Report Abuse

YTL Power will give you higher dividend yield in near term, which may be as high as 10% from FY2024, as its PowerSeraya multi-utilities business is already reporting exponential growth in earnings and strong cashflows.

Next for YTLPower will be for Wessex to report normalised earnings from Q4FY2023 and for its green data centre to start contributing meaningful earnings from Jan 2024.

Posted by cwc1981 > 2022-11-30 13:36 | Report Abuse

Good good can't wait

Posted by 10bagger10 > 2022-11-30 15:09 | Report Abuse

Thank you so much for your sharing.

Posted by hng33 > 2022-11-30 16:51 | Report Abuse

sold back ytlp at 76sen, locked profit

Posted by dragon328 > 2022-11-30 17:07 | Report Abuse

I think the last minute buy up was by a foreign fund, the same happened to MRDIY

Posted by cwc1981 > 2022-11-30 17:14 | Report Abuse

TNB too?

Posted by xiaochen > 2022-11-30 18:09 | Report Abuse

@dragon328, HLB didn't mention about the exact dividend, im just assuming HLB is estimating 7 sens divident through 7% DY of their target price for YTLP. So, dont be too serous, you didnt miss anything from their analyst report.

Posted by 10bagger10 > 2022-12-05 10:41 | Report Abuse

Mr dragon, is ytlp currently in net cash position?

Posted by 10bagger10 > 2022-12-05 10:59 | Report Abuse

When will ytlp receive the money? Is it next q?

Posted by dragon328 > 2022-12-05 11:48 | Report Abuse

@10bagger10, as I estimated before, YTL Power had a net debt of RM0.8 billion at the holding level after deducting off those debts ring-fenced at subsidiary levels (est. RM12.8bn in Wessex, RM5.4 bn in PowerSeraya, RM1.5 bn at Attarat Power).

After the disposal of Electranet, YTLPI has received about RM2.0 billion of cash and hence has turned into a net cash position at the holding company level with net cash of about RM1.2 billion, based on my own estimation.

Posted by 10bagger10 > 2022-12-05 12:21 | Report Abuse

Thank you for the hardwork

Posted by dragon328 > 2022-12-06 15:30 | Report Abuse

https://klse.i3investor.com/web/blog/detail/dragon328/2022-12-06-story-h-303952239-YTL_Power_the_Rising_Power_in_Singapore

For your leisure read

Posted by 10bagger10 > 2022-12-06 18:34 | Report Abuse

Thank you so much

Posted by winetime > 2022-12-08 14:27 | Report Abuse

YTL... haha

Posted by wongcheehui83 > 2022-12-08 17:21 | Report Abuse

zig zag.... upside-down

Posted by cwc1981 > 2022-12-08 18:00 | Report Abuse

Tunggu dividend next year

Posted by wongcheehui83 > 2022-12-09 12:08 | Report Abuse

look like want down, goyang ald

Posted by wongcheehui83 > 2022-12-09 13:53 | Report Abuse

less transection today

Posted by CHWong > 2022-12-09 15:31 | Report Abuse

look like something comming soon

Posted by cwc1981 > 2022-12-09 16:48 | Report Abuse

Very quiet

Posted by Pinky > 2022-12-10 10:56 | Report Abuse

Better buy mother company YTL CORP

Got exposure to Starhill REIT, YTLREIT and YTL Cement

Posted by wongcheehui83 > 2022-12-11 14:41 | Report Abuse

power supply will open up soon

Posted by OnTime > 2022-12-27 13:20 | Report Abuse

doing quite well

Posted by cwc1981 > 2022-12-30 15:41 | Report Abuse

Hope next year got more power

Posted by hng33 > 2022-12-30 17:36 | Report Abuse

bought back all YTLP at 71.5-72sen

Posted by hng33 > 2022-12-31 23:26 | Report Abuse

Malaysia’s Energy Commission Suruhanjaya Tenaga (ST) has shortlisted bidders, read winners, for its large scale solar (LSS) round 4 or LSS 4, selecting a total of 823.06 MW in total bids. Launched in June 2020, the LSS 4 round offered to contract 1 GW AC solar power capacity in Peninsular Malaysia (see Malaysia Launches 1 GW Solar Tender).

According to the list released by ST, it has shortlisted 323.06 MW under package 1 for projects within 10 MW to 30 MW range. For this category, the accepted tariff range was discovered as RM 0.1850 per kWh to RM 0.2481 per kWh.

Another 500 MW was selected under package 2 for plant capacity of 30 MW to 50 MW with all projects shortlisted having 50 MW capacity each. Tariffs offered for this category ranged between RM 0.1768 per kWh to RM 0.1970 per kWh

Remark: The current tariff price for Singapore is 31.82 cents per kWh (incl. GST) (1 October - 31 December 2022). These is equivalent RM 1.01 perkwh. YTLP have given mandate to pilot supply 100MW from its Kulai solar farm to transmit solar power to Singapore. The profit is too fat to ignore , 500% higher traffic rate than LSS4 to supply solar power from Malaysia to Singapore.

Posted by tonywong8 > 2023-01-01 09:55 | Report Abuse

Already allocated 250MW for Data Center, balance only 250MW.

Posted by dragon328 > 2023-01-01 10:18 | Report Abuse

Though the retail electricity tariff in Singapore for Q4 2022 was 31.82 cents per kWh, we need to take out the Network Costs, Market Support Services Fee and Power System Operation and Market Admin costs which made up about 40% of the total tariff. This is bcoz the solar power import from Malaysia will need to be charged the above three component fees on top of the energy costs.

Even so, if we compared the solar power generating costs of less than RM0.1768 per kWh to the Energy Cost component of Singapore tariff of 19 cents per kWh or about RM0.61 per kWh, the gross profit margin to such solar power export will be tremendous at RM0.434 per kWh. Even after we deduct the electricity transmission costs from Kulai to Singapore (which is a relatively short distance), estimated at 3.0 sen/kWh, the gross margin would still come to almost 40 sen per kWh.

This is much higher than the razor thin profit margin earned by LSS4 bidders, many of them cannot pull off the solar projects here after the costs of solar panels escalated in past few months after they won the bid.

This clearly demonstrates the strength of YTL Power in securing lucrative projects, and YTL is prepared to walk away from fiercely competitive projects with thin margin so as not to tie up huge capital on risky projects.

Posted by dragon328 > 2023-01-01 10:45 | Report Abuse

The potential earnings contribution from this pilot project could be tremendous. Lets assume an average case:

With battery solution to support 100MW power export to Singapore at 80% of the time, and battery solution costs about 4.0 sen/kWh and export tariff at 15% discount to Singapore tariff (Energy Cost), then potential gross profit from this pilot project would be:
100 MW x 1,000 x 8,760h x 80% x RM(0.40 -0.61*15% - 0.04)/kWh = RM188 million a year

A maximum scenario would have an annual gross profit in excess of RM300 million a year

Posted by dragon328 > 2023-01-01 10:48 | Report Abuse

Happy New Year to all of you! Wish you good health and prosperity in 2023.

Also wish for YTL Power to double in share price in the new year.

Posted by tonywong8 > 2023-01-02 09:40 | Report Abuse

D328, Thanks for your valuable information. TNB supplied electricity to all Data Center companies at Johor(competitors) at lower price after Malaysia government subsidiced of Rm27 billions last year. Data Center consumed huge amount of electricity. What is your view?