Posted by xiaochen > 2023-08-14 14:51 | Report Abuse

https://www.forbes.com/sites/jessicatan/2023/08/13/ytl-head-francis-yeoh-and-his-family-charge-ahead-with-growing-their-data-center-business-to-future-proof-the-68-year-old-infrastructure-conglomerate-will-their-bet-on-solar-powered-parks-pay-off/?sh=46fead5a5390

Posted by Tibbers > 2023-08-14 16:07 | Report Abuse

perhaps tmr can break n hit 1.60 and 1.70 next.

Posted by xiaochen > 2023-08-15 10:10 | Report Abuse

latest price target is given by Kenanga, which is RM1.85.（提高了不少哦）
We expect 4QFY23 net profit to rise 10%-12% QoQ to RM585m-RM590m（差不多7.3仙）
We also keep our 5.0 sen NDPS forecast unchanged for FY23-FY24F (payout of 26%-30%) as cash is reserved for expansion.（不会吧，这么少，不过有可能咯，大型计划已经在路上了，数字银行，数据中心都是烧钱怪兽）

Posted by cgtan2020 > 2023-08-15 10:15 | Report Abuse

https://theedgemalaysia.com/node/678674

Posted by goody99 > 2023-08-15 10:15 | Report Abuse

I just read the latest analyst report by Kenanga. The good news is that they expect 4QFY23 to be even better than the previous quarter. The bad news is that they forecast lower FY24F estimates as PowerSeraya’s earning is expected to normalise because the Uniform Singapore Energy Price (USEP) has fallen 55% from the peak of SGD492.1/MWh in May to SGD221.0/MWh in July

Posted by ValueInvestor888 > 2023-08-15 10:52 | Report Abuse

All research reports expect PowerSeraya to normalise which is good. Take example of Kenanga report, even at normalise earnings from PowerSeraya, they still give TP of RM 1.85. They have not factor in future earnings from green data power centre which has long long growth and able to secure high PE or valuation if they list it as data centre REIT. Look at PE for data centre REIT listed in US you know...

Posted by troy88 > 2023-08-15 11:08 | Report Abuse

Solid as a rock!

Posted by Zhuge_Liang > 2023-08-15 11:16 | Report Abuse

YTLPower is the best stock in 2023.
Correct sector and strong growth sector.
Continue to move up north until 2.05 as per the target price of HLB.

Posted by dragon328 > 2023-08-15 11:16 | Report Abuse

Kenanga may have got it right for the 4Q FY2023 earnings which will be higher than 3Q, but they have got it wrong on FY2024 earnings which show lower numbers than FY2023. This does not make much sense to me unless they predict a 50% drop in PowerSeraya earnings in FY2024 along with the 55% drop in USEP. If so, then it shows that they do not understand how the business works in Singapore competitive electricity market.

Power companies in Singapore make the bulk of the profits from generation which is over 95% hedged with retails contracts and vesting contracts. This is made very clear from Sembcorp result presentation slides which show that the company will rake in more longer term contracts and leave spot exposure to just 4%.

Secondly, YTL chairman is confident of giving out RM1.0 billion dividend a year for FY2024 and FY2025, which means the company forecast strong earnings from PowerSeraya to continue at least for another 2 years to 2025. There will be new baseload new generating units coming online in 2026 so supply tightness will be eased and so it may impact the retails contract margin. How much it will impact retails margin will depend on how much long term contracts Sembcorp and Keppel will sign up for their new capacity and how much high pressure steam sale to third parties they will have (which will reduce the net generation output).

Posted by myloh123 > 2023-08-15 11:19 | Report Abuse

HLIB top picks..price target rm2.05

Posted by dragon328 > 2023-08-15 11:19 | Report Abuse

But overall this is positive to the share price rally of YTLP, as Kenanga TP of RM1.85 currently is based on a very conservative earnings projection for FY2024. If YTLP proves that its earnings from Q1 FY2024 is not much impacted by TPC, then analysts will upgrade the earnings for FY2024 and raise TP further.

Posted by Zhuge_Liang > 2023-08-15 11:31 | Report Abuse

dragon328 is very knowledgeable, should make a lot of money in KLSE.
Good luck to him.

Posted by Alex Chua > 2023-08-15 12:48 | Report Abuse

1 billion divident if greenlight for mrt n hsr?

Posted by myloh123 > 2023-08-15 13:41 | Report Abuse

Tqvm D328 for ur explanation.

Posted by dragon328 > 2023-08-15 14:13 | Report Abuse

I think Tan Sri meant RM1 billion dividend if utilities and construction & cement divisions perform well as expected

Posted by Tibbers > 2023-08-15 14:39 | Report Abuse

wow broke 1.60, 1.70 next to 1.80

Posted by cgtan2020 > 2023-08-15 14:47 | Report Abuse

big appetite, 5Millions share "dimakan" in 15 mins.

Posted by yewnamhung > 2023-08-15 15:08 | Report Abuse

Up Up & Go ~~~好势了

Posted by ValueInvestor888 > 2023-08-15 15:19 | Report Abuse

mkt theme for this year : Solar and green energy after Rafizi announced National Energy Transition Roadmap lately

YTLP also benefited from the hype and attracted hot money. Other solar play include Slvest, UEMS etc

Posted by Alex Chua > 2023-08-15 15:28 | Report Abuse

@dragon328 any other stock to recommend based on your analysis besides YTL/YTLPWR?

Posted by xiaochen > 2023-08-15 15:47 | Report Abuse

这么强势的走势，应该会越过CIMB的推测（RM1.70），并迈向HLB的预测（RM2.05）前进。
来临季报的重头戏之一，就是股息。7.5仙是有希望的。mali mali hom.

Posted by xiaochen > 2023-08-15 15:52 | Report Abuse

新加坡稳定的盈利贡献
英国的水费调整
约旦开启商业收费
加上可期的数据中心以及再生能源。。。不得了。

Posted by dragon328 > 2023-08-15 16:27 | Report Abuse

@Alex Chua, as mentioned before, I am looking at Bonia and Padini besides YTL/YTL Power

Posted by Ravi Kumar > 2023-08-15 20:42 | Report Abuse

Looking really good to breach RM 2 soon

Posted by jenson68 > 2023-08-15 21:16 | Report Abuse

Uptrend , haha

Posted by OTB > 2023-08-15 21:20 | Report Abuse

YTLPower is the best stock I recommended in 2023.
Hopefully all investors are laughing all the ways to the bank.
I checked, foreign funds are still net buyers in KLSE in the last 5 weeks.
Hitting the target price at 2.05 set by HLIB is not a problem I guess.
Good luck to all investors here.

Posted by OTB > 2023-08-15 21:42 | Report Abuse

Foreign funds are net buyers in KLSE for the last 5 weeks, hence KLSE is bullish now.
I believe huge foreign investment funds (in terms of billion of RM) will pour into Malaysia economy after these 6-state elections are over on 12/8/2023.
Hence I expect KLSE will be a bull market in the second half of 2023.
Please note that the stock market is always ahead of economy.
Thank you.

Posted by xiaochen > 2023-08-16 08:16 | Report Abuse

来临季报有没有可能报出净利730M（约每股9仙）呢？
若有，股价就会去到RM2，全年EPS达至20仙。
5%DY，就能派出10仙的NDPS。减去第三季所派发的2.5仙，余下7.5仙。
至于钱会不会不用来派股息，而用来发展或减轻债务呢？
第一，根据过往长久的派息历史，这公司派息大多数会非常慷慨，就算在公司净利不多的时候，依旧派高息。为何净利不多的时候，依旧有能力派高息呢？原因是：现金雄厚，以及公司有非常严谨/保守的债务管理方针。这排除现金流不足，或被债务拉跨的危机。净利不太充裕的时候，依旧派高息，是排除假账的指标之一哦。
第二，公司的现金储备超级超级雄厚，是让高派息成为可能的。（若全年收20仙EPS，派一个10仙NDPS，百分比也不会高，加上这并没有动到母钱。）
第三，目前新的投资，数据中心，是有贷款的。去年刚刚投入商业活动的新加坡新收购的发电厂的购买资金，也是由出手澳洲产业来拉平。

所以我觉得7.5仙，是可以期待的啦。当然，这只是我个人的一厢情愿，而且过往猜股息的派发总是猜错。
mali mali hom.

Posted by moncmondo87 > 2023-08-16 08:20 | Report Abuse

Another price spike to $4,500/MWh, two days ago.

Posted by xiaochen > 2023-08-16 08:21 | Report Abuse

对于FY2024，会不会比FY2023差呢？因为新加坡政府推出TPC，拉低了顶价。
或许PowerSeraya不再能录取4QFY2023的高度，不过根据种种资料显示，PowerSeraya还是能录取非常不错的净利。
假如FY2024YTLP每季净利平稳在6仙，全年依旧可以达到至少24仙的净利。
所以，我觉得，FY2024以及2025，YTLP会继续牛啊牛。

Posted by xiaochen > 2023-08-16 08:26 | Report Abuse

有没有可能，不久的将来，派息会每季派一个三仙呢？让怀旧的股东重温旧梦？

Posted by dragon328 > 2023-08-16 08:47 | Report Abuse

@moncmondo87, how could it possible for USEP to hit $4,500/MWh two days ago after TPC kicked in?

Posted by moncmondo87 > 2023-08-16 09:05 | Report Abuse

dragon328, Refer to EMC's latest Daily Trading Reports

Posted by moncmondo87 > 2023-08-16 09:06 | Report Abuse

See page 3... file:///C:/Users/User.000/Downloads/Public%20Daily%20Trading%20Report%2014082023.pdf

Posted by xiaochen > 2023-08-16 09:12 | Report Abuse

Special Report: Lifting of RE export ban to spur investor interest in the sector in the long run, say fund managers
https://theedgemalaysia.com/node/666989
这报道是旧了点，不过可以了解再生能源的出口，如何让YTLP成为潜在受惠者。我国的经济部长应该会在来临的8或9月公布再生能源出口的细节。

另一个YTLP的盈利火车头，是数据中心。若参考隔壁家的数据中心REIT，似乎可以看到，盈利可以是非常可观。不过，风险也会大些，譬如租户（科技业者）倒闭或被市场淘汰，就会影响数据中心的盈利。

Posted by OTB > 2023-08-16 09:38 | Report Abuse

I watch "Youtube" on Francis Yeoh's interview on YTLPower, if you invested 1 million in 1987, your return (ROI) is 156 million in 2023.
I believe all assets of YTLPower will increase exponentially in the next few years.
Invest in YTLPower as a long term investment like what dragon328 recommended.
The final decision is always yours.
Thank you.

Posted by troy88 > 2023-08-16 10:03 | Report Abuse

YTL mother and son dynamic duo back with a vengeance in 2023..

Posted by xiaochen > 2023-08-16 10:14 | Report Abuse

还以为今天会微跌，没想到走势还继续牛。

Kenanga的预测，英国或许会贡献140m。若真是如此，这真是好中的好。
第一，这off set了自己在上一季的亏损。
第二，这可以off set YES上一季所带来的一亿（100m）的亏损。这个YES，搞不好会扩大亏损。根据过去的历史，YES的亏损，是可以随着YTLP的整体盈利来调整的。我是看YES这一季的亏损会继续扩大（看准YTLP的整体的高盈利，乘机多坑一些）。上一季，连亏损的理由都懒得写了。
第三，这还可以off set 上一季投资部门的亏损。

所以，PowerSeraya的全部净利，就能成为YTLP的净利。所以，HLB的预测，是非常非常有可能的。

Posted by OnTime > 2023-08-16 10:18 | Report Abuse

super duper!

Posted by myloh123 > 2023-08-16 11:05 | Report Abuse

Its icon8888 who recommended this stock in his blog in 2018.. tat caught my interest...at that time i was keen on d high dividends yield of 6.5% pa. He is far sighted...i followed him buy taiwan semiconductor too n made some money. Tqvm

Posted by mf > 2023-08-16 11:59 | Report Abuse

qr coming

Posted by Ravi Kumar > 2023-08-16 13:22 | Report Abuse

2018?? Now 2023?? ha3



Its icon8888 who recommended this stock in his blog in 2018.. tat caught my interest...at that time i was keen on d high dividends yield of 6.5% pa. He is far sighted...i followed him buy taiwan semiconductor too n made some money. Tqvm

2 hours ago

Posted by Ravi Kumar > 2023-08-16 13:30 | Report Abuse

Good writeup sounds sensible
dragon328

https://klse.i3investor.com/web/blog/detail/dragon328/2023-05-26-story-h-269658206-YTL_YTL_Power_Croaching_Tiger_Hidden_Dragon

Posted by Alex Chua > 2023-08-16 15:35 | Report Abuse

https://theedgemalaysia.com/node/678885 YTLP data center partner and e-Banking partner will be a risk moving forward? wonder if any YTL companies owns shares in SEA. any light?

Posted by OnTime > 2023-08-16 16:07 | Report Abuse

sea is in a sea of troubles

Posted by dragon328 > 2023-08-16 16:20 | Report Abuse

I don't think any YTL company owns any shares in SEA group. The historical share price plunge in SEA last night was due to its chairman's statement of possible venturing into new markets and incurring losses in coming quarters.

As far as I know, SEA's online shopping business is still thriving, growing at over 20% from last year. I am not sure about its livestreaming business. In any case, SEA requires large data centres for its operations whether online shopping or livestreaming businesses. I see no impact on YTLP's data centre business from SEA's share price plunge.

Posted by dragon328 > 2023-08-16 16:21 | Report Abuse

Anyway, SEA has only committed to the first phase of 48MW data centre with YTLP's green data centre park in Kulai. YTLP has secured a larger data centre deal with GDS for 168MW, more to come.

Posted by dragon328 > 2023-08-16 16:31 | Report Abuse

If you look at SEA financials more deeply, it still registered good operating cashflows with cash balance swelling to US$7.7 billion as of 30 June 2023. Though it may incur higher capex and some accounting losses in next few quarters, but as long as operating cashflows continue to be strong, I don't see any problem for the group in expanding its businesses.

It was not an easy task for SEA to turn around with net profit of over US$300m in June 2023 quarter from a loss of over US$1.0billion last year. The management has done a good job in cutting costs and terminating loss-making ventures, as evident from consecutive 3 quarters of profits.

To note is that its digital bank business, SEA Money registered good growth of 53% in revenue to US$428 million and achieved adjusted EBITDA of US$137 million. Total loans receivables remained stable at around US$2.0 billion with non-performing loans remaining stable at 2%.

Posted by xiaochen > 2023-08-16 16:56 | Report Abuse

聂纳兹米透露，首相拿督斯里安华将在本月底启动第二阶段国家能源转型路线图，关注更广泛的政策，以补充第一阶段计划。
https://www.enanyang.my/esg/%E9%83%A8%E9%95%BF%E4%BF%83%E9%93%B6%E8%A1%8C%E4%B8%8E%E5%AE%98%E6%B0%91%E7%BB%84%E7%BB%87%E6%90%BA%E6%89%8B-%E6%8F%90%E4%BE%9B%E8%B5%84%E9%87%91%E5%8A%A0%E9%80%9F%E7%BB%BF%E8%89%B2%E8%BD%AC%E5%9E%8B

八月底，第二阶段。期待。

Posted by David Gunter > 2023-08-16 17:57 | Report Abuse

Up up up amd away