Posted by MrFox > 2023-11-07 08:36 | Report Abuse

ChloeTai

Really don't know what to do. Step by step dump from 2.31 to 2.30 to 2.29 to 2.28 to 2.27 to 2.26 in the last 30 minutes. From green to two reds (left and right). I think it is due to T + 2 and short selling.

9 hours ago


the road to the destination is not a short journey, not a straight road, and a few storms here and there really do not worry long distance travellers! Just wait patiently for it to happen. as OTB mentioned!

Posted by OnTime > 2023-11-07 08:45 | Report Abuse

keep the faith or sell all and move on. easy as apple pie

Posted by harvest6138 > 2023-11-07 08:45 | Report Abuse

the next catalyst is the QR , if result is good , then EPS increase , automatically all IB will adjust the TP accordingly , so, just need to wait for another 18 to 20 days ... before that , any new positive corporate news may help to push up the share price , lets see ..

Posted by xiaochen > 2023-11-07 08:58 | Report Abuse

A few main points could look into during the next QR.
1. The normalize profit from PowerSeraya especially post TPC. I think the EMA is not quite satisfied with the effectiveness of TPC. This means that the profit still higher than expected by EMA. Due to the free competition market principle, the EMA should not strengthen the TPC, so, the EMA need to do something else.

On Oct 23, Singapore’s Ministry of Trade and Industry and EMA decided to set up an entity (Gasco) that will centralise the procurement and supply of gas for the power sector. Profit margins would, therefore, need to be driven mainly by plant efficiencies. We do not expect any notable impact on YTLP’s near-term earnings, but longer-term margins could normalise from the elevated levels enjoyed in recent quarters. https://theedgemalaysia.com/node/688302

So, the performance of PowerSeraya in 1QRFY2024 will be the key reference for future QR until the end of 2025. Hopefully the EMA is unable to secure the gas price lower than the cost purchased by PowerSeraya in this coming 2 years. During this high oil price, it should be impossible to do so.

2. The actual profit from APCO, Jordan in a quarter. Coming quarter is the first quarter both units of power generator are fully functioning in a quarter period of time.

3. How will YES perform, better or maintain.

4. Will dividend been declared every quarter like old good day? If yes, will it be 3.5 cents per quarter? Since YTL will received 9.5 cents during this FY.

Hopefully EPS will fall between 7-8 cents coming QR, around 600m PAT or better.

Posted by kiasu9583 > 2023-11-07 10:15 | Report Abuse

i see the USEP back to normal, doubt that YTL Power PAT will be maintained..

https://www.ema.gov.sg/content/dam/corporate/statistics/files/pdf/Average-Monthly-USEP.pdf.coredownload.pdf

Posted by harvest6138 > 2023-11-07 10:22 | Report Abuse

According to the their investor presentation in Apil 2023, most of their customer in Singapore had signed up the contact in next two years , plus they have relatively low natural gas contract in next two years as well , hence, the current lower rate shall not affect their profit , we shall see the next QR result , that shall help to justify this .. I also would like to know if that is true ..

Posted by harvest6138 > 2023-11-07 10:44 | Report Abuse

For those who are interested to see the Investor Presentation by YTL Power on 17th April 2023, can google "YTL Power Investor presentation " , I can not post the link (don't know why ) .. . The previous mentioned message is on page 10 .

Posted by kiasu9583 > 2023-11-07 10:59 | Report Abuse

cool man, I new to forum.

just curious:

https://www.home.emcsg.com/publications/nems-market-reports
market report 2022 page 54 shows seraya retails market share barely changes, means their retails segment should maintain normal profit only like in the past. second, the only disclosure i read on their annual report 2023 about fuel contract is page 226 fuel oil swap only, where they have average hedged price of ICE BRENT ~USD78 for the coming two years..

any sifu familiar with these kind of figures can enlight me..i think i should be wrong, but i duno where i make mistake or misunderstood the numbers..

Posted by MrFox > 2023-11-07 11:05 | Report Abuse

new high today?

Posted by jenson68 > 2023-11-07 11:10 | Report Abuse

Hold saja !! Good in the long run …
Gogogo

Posted by dragon328 > 2023-11-07 11:27 | Report Abuse

@kiasu9583, PowerSeraya earnings are not directly linked to USEP price fluctuations, as over 95% of its revenue is locked in through retails contracts and vesting contracts. No doubt USEP has come down a bit in Jul-Sep quarter compared to highs in April-June 2023 quarter, that should only affect a small quantity of long generation into the pool, no big impact.

Posted by dragon328 > 2023-11-07 11:29 | Report Abuse

PowerSeraya's retails market share should be maintaining at steady level in past few quarters as there was no new generating capacity coming into the market. The only thing different was that PowerSeraya has acquired Tuaspring earlier this year, so PowerSeraya now has bigger capacity to sell through its retails arm.

Posted by Permutation > 2023-11-07 12:25 | Report Abuse

We all can see that the price of YTL power has gone up from 65 sen to RM2.29 in a space of 12 months. The chart specialists are super bullish. It may hit RM2.90 soon and even RM4 in 2024. Perhaps it is not wrong to question if YTL power has the fundamentals to hit RM4 or even RM2.90 ?
of course I would be happy if it goes up to RM4 as I am stlll holding it.

Posted by geary > 2023-11-07 13:26 | Report Abuse

Stock: [YTLPOWR]: YTL POWER INTERNATIONAL BHD
2022-06-27 15:47 | Report Abuse

Added Utility is long term ◉‿◉
That time, June"22, was around @0.70.
Sold #50%...Hold...#5%(Portfolio Average)🤑

Posted by Apple888 > 2023-11-07 13:39 | Report Abuse

End of this month see rm3.00...hehe

Posted by geary > 2023-11-07 14:14 | Report Abuse

Apple888
End of this month see rm3.00...hehe!

Don't be crazy...about how high it can shoot up...as long u profited...#100%...!
Must Sell...half...then u took back #100% of your capital.
Then the winning capital, let it rolls...or ...take dividend.
This the Ultimate Strategy.
Buffets always does it. Like recently he sold some Apple n BYD... Winning/Reducing his cost of capital employed.
Good luck 👍

Posted by xiaochen > 2023-11-07 14:34 | Report Abuse

When the price is Rm0.65, EPS per year is 6 cents.
Now the price is RM2.29, because EPS per quarter will more than 6 cents.
This is fundamental.

The coming QR will decide, the share price will continually goes up or not.
If eps per Q is around 7-8 cents, RM 2.90 is achievable. PAT is 600m
If eps per Q is 10 cents or more, RM 4 sure will not be a dream. PAT is 800m.

Posted by MrFox > 2023-11-07 14:41 | Report Abuse

better start dreaming NOW!!!
haha

Posted by OnTime > 2023-11-07 14:47 | Report Abuse

turn dreams into reality

Posted by MrFox > 2023-11-07 15:13 | Report Abuse

certainly

Posted by MrFox > 2023-11-07 15:13 | Report Abuse

who doesnt want a beautiful ahmoi!!!!
haha

Posted by OnTime > 2023-11-07 15:17 | Report Abuse

dilraba dilmurat is my ahmoi for life

Posted by Paul Tan > 2023-11-07 15:20 | Report Abuse

guys, MLFF toll is under YTL or YTL Power?

Posted by MrFox > 2023-11-07 15:22 | Report Abuse

certainly lah, you have to wait! wait patiently for the beautiful ahmoi to come!!!
OTB knows best!!!
haha

Posted by xiaochen > 2023-11-07 15:51 | Report Abuse

MLFF trials for toll collection coming in 2024 but who is going to do it?
https://soyacincau.com/2023/11/07/mlff-trials-toll-collection-2024-who-doing-it/

Highway concessionaires reportedly not happy with the government’s MLFF proposal

The report also said that the private company will not only implement, operate, and maintain the MLFF system but will also be involved in the toll collection. Furthermore, the majority shareholder of the company is an unnamed local conglomerate that has interests in the power, telecommunications, and construction businesses.

Posted by xiaochen > 2023-11-07 15:55 | Report Abuse

From the hint, you should know who run this business.
Most of the previous report is edited not to mention the company name.

Posted by moncmondo87 > 2023-11-07 15:59 | Report Abuse

Paul Tan, See pgs 281-282 of YTL Corporation Annual Report

Posted by cktay > 2023-11-07 16:29 | Report Abuse

I better clarify …
PowerSeraya was acquired by YTL Power back in 2008 for an enterprise value of S$3.8 billion from Temasek …. 3,100 MWs …PowerSeraya … third and final of Temasek’s power generation companies to be sold under its divestment plan announced in July 2007… to help develop a competitive power generation market in Singapore
It was (then) the second largest power generation company in Singapore, providing over 27% of the nation’s electricity needs … operates Pulau Seraya Power Station and Jurong Power Station.
https://www.temasek.com.sg/en/news-and-resources/news-room/news/2008/temasek-sells-powerseraya-to-ytl-power-international-for-an-ente
YTL Power International completes Tuaspring Power Station acquisition for RM862.31 mil
theedgemarkets.com 01 Jun 2022 … 396MW combined cycle gas turbine power plant in Singapore.
“The Tuaspring plant is one of the most technologically advanced assets on Singapore’s power generation grid. The power station was commissioned in 2016 and was originally constructed as part of a desalination project
So PowerSeraya was acquired in 2008 and Tuaspring only recently in 2022

Posted by Paul Tan > 2023-11-07 16:44 | Report Abuse

@moncmondo87 looks like under ytl power

Posted by moncmondo87 > 2023-11-07 19:12 | Report Abuse

Paul, Correct. Corp has 17% effective indirect interest, while Power has 30.6% effective interest, via YTL Communications (pg 209 of Power's Annual Report)..

Posted by moncmondo87 > 2023-11-07 19:33 | Report Abuse

cktay, Thanks for your clarification re Seraya and Tuaspring. Indeed, Tuaspring has been the latest MW capacity addition to the stable of Singapore generation plants, so likely to be the most fuel-efficient. Seraya's generation units are Siemens plants, potentially more fuel-efficient than Senoko and Tuas Power's GE Power and Mitsubishi units. And don't forget, majority of Senoko's units are relatively older; so likely to be mothballed sooner.

So who stands to benefit from this ? If my analysis holds water; NEMS latest Market Watch Report suggests PowerSeraya and Tuasprings's combined market share of metered energy quantity has some catching up to do, relative to their combined market share of maximum generation capacity. And given the ever-tightening supply cushion that is coming, need we say more ?

Posted by MrFox > 2023-11-07 22:29 | Report Abuse

will close > 2.30 tomo;o?!

Posted by IkanBilisIkanJerung > 2023-11-08 00:35 | Report Abuse

Everyone better start collecting, big announcement coming soon..

Posted by Jerichomy > 2023-11-08 09:04 |

Post removed.Why?

Posted by goody99 > 2023-11-08 09:21 | Report Abuse

I would suggest you guys to sell on strength and buy back on weakness. Interest rate in US is a problem that is not going away. Besides, I suspect lots of investors are waiting to sell after quarterly report is announced.

Posted by yewnamhung > 2023-11-08 09:25 | Report Abuse

Barking dogs seldom bite , least said, soonest mended".😷

Posted by jenson68 > 2023-11-08 09:55 | Report Abuse

Global uncertainty won’t last ! I am holding since 1++ and today 2.24 ! Once break 2.35 , rocket !! If want to earn big , keep for long run , hehe

Posted by OnTime > 2023-11-08 09:58 | Report Abuse

there's quite alot of certainty in the u.s. market which is up. sure to hv some spill over effect

Posted by mf > 2023-11-08 09:58 | Report Abuse

RHB Investment Research Reports
Real Estate - Johor: The Malaysia-Singapore Interchange

rhbinvest
Publish date: Tue, 31 Oct 2023, 09:47 AM
Maintain OVERWEIGHT. We are upbeat on the outcome of the recent meeting between Malaysia and Singapore. Both governments have committed to accelerate the progress of the Johor-Singapore Special Economic Zone (SEZ), with further updates/details regarding tax incentives and cross-border electricity trading expected to be announced in the coming months. The leaders strongly emphasised the aim to smoother trips for people and transportation of goods. Companies that can potentially benefit significantly include UEM Sunrise, Sunway and AME Elite Consortium.

Posted by Apple888 > 2023-11-08 11:00 | Report Abuse

Afternoon big jump :)

Posted by jenson68 > 2023-11-08 11:35 | Report Abuse

Better slow , steady and surely !! No worry …

Posted by MrFox > 2023-11-08 14:19 | Report Abuse

Yaloh! Better slow , steady and surely , too fast enjoyment short n fast!

Posted by sonyx123 > 2023-11-08 16:27 | Report Abuse

gone already

Posted by Yezzy99108 > 2023-11-08 16:40 | Report Abuse

sigh no energy to push forward

Posted by Zhuge_Liang > 2023-11-08 16:59 |

Post removed.Why?

Posted by OTB > 2023-11-08 17:03 | Report Abuse

Support at 2.24 is still intact.
Tomorrow is ex date for dividend.
Share price is adjusted for 4 cents lower at 2.21.
The strong support for YTLPower is at 2.20.

Posted by goody99 > 2023-11-08 20:29 | Report Abuse

贸工部认为哪些行业能引领马来西亚的二次工业化？【贸工部副部长YB刘镇东访谈/下集】
https://www.youtube.com/watch?v=7iLvhiREclM

What's next? 马来西亚经济改革的下一步打算怎么走?【贸工部副部长YB刘镇访谈/上集】
https://www.youtube.com/watch?v=vdd3FbcY3qk

Posted by xiaochen > 2023-11-09 08:11 | Report Abuse

政府政策逐渐清晰宜投资被低估潜力股
https://www.sinchew.com.my/news/20231108/finance/5114118

我觉得昌明经济进度没有预期的快速，很可能是因为2024财政预算还未三读通过。相信三读通过之后，会逐渐有更多细节出台，特别是NETR的出口RE细节。

Posted by Apple888 > 2023-11-09 09:08 | Report Abuse

Drop bek below 2.20?like tht better no dividend

Posted by dragon328 > 2023-11-09 09:21 | Report Abuse

Not to worry. Some traders prefer not to have dividend as share price will adjust down after dividend goes ex. Let these traders sell off their short term holdings then share price will have meaningful rebound.

I see RM2.18 as a strong support.