Posted by KLV868 > 2023-11-23 19:52 | Report Abuse

Is there dividend to be declared?

Posted by MrFox > 2023-11-23 19:54 | Report Abuse

click market buzz, then financial result

Posted by sexy > 2023-11-23 19:59 | Report Abuse

Bought 580 lots of C33. Hope to profit Huat Huat..

Posted by jenson68 > 2023-11-23 20:12 | Report Abuse

Well managed company with superb QR, thumbs-up !!

Posted by MrFox > 2023-11-23 20:15 | Report Abuse

only thumbs-up? what abt other parts!!! haha

Posted by OTB > 2023-11-23 20:16 | Report Abuse

Posted by MrFox > 27 minutes ago | Report Abuse
what say u, OTB?
-----------------------
The below link will help to answer your question.
https://finance.yahoo.com/news/opportunity-ytl-power-international-berhads-022543455.html
To me, 848 million PAT is very good and exceeded my expectation.
I expect 800 million only.
I am more bullish on YTLPower now, my target price is > 4.00 in 2024.
I believe in the aforesaid article, my new target price is 4.69 in 2024.
Good luck.
Thank you.

Posted by Alex Chua > 2023-11-23 20:16 | Report Abuse

https://www.malaymail.com/news/malaysia/2023/11/23/appointment-of-ytl-power-international-for-waste-to-energy-project-done-in-transparent-systematic-manner-selangor-exco-tells-state-assembly/103748 this also fruit from the seed planted few years ago...

Posted by MrFox > 2023-11-23 20:17 | Report Abuse

tks OTB

Posted by cgtan2020 > 2023-11-23 20:18 | Report Abuse

@MrFox it is better than good.

Posted by MrFox > 2023-11-23 20:19 | Report Abuse

tks cgtan2020

Posted by ccs999 > 2023-11-23 21:11 | Report Abuse

Tomorrow limit up hopefully

Posted by probability > 2023-11-23 22:10 | Report Abuse

i think 2Q 24' will have even higher contribution from powerseraya from a much stronger SGD vs MYR

Posted by cgtan2020 > 2023-11-23 22:14 | Report Abuse

Q11FY24
Power generation
Revenue 3,796,295,000
Profit 1,025,142,000

Q4'FY23
Power generation
Revenue 5,246,420,000
Profit 1,067,262,000

Comparing the major earner Power Generation in SG, Q1'FY24 is seeing better margin for power generation business, this should be sustainable thru-out FY24 and FY25. This is something very positive, as long as SGD is strong at current level.

Posted by Jerichomy > 2023-11-23 22:19 |

Post removed.Why?

Posted by Jerichomy > 2023-11-23 22:20 |

Post removed.Why?

Posted by Jerichomy > 2023-11-23 22:22 |

Post removed.Why?

Posted by Uniholder > 2023-11-23 22:28 | Report Abuse

Goodnight guys… let see how market reacts the good news today ! 😁

Posted by Jonathan Keung > 2023-11-23 22:58 | Report Abuse

Limit up will be a great start and a new milestone......

Posted by Jerichomy > 2023-11-23 23:00 |

Post removed.Why?

Posted by dragon328 > 2023-11-23 23:30 | Report Abuse

https://klse.i3investor.com/web/blog/detail/dragon328/2023-11-23-story-h-214219881-YTL_YTL_Power_Multiple_Growth_Engines_Firing_up

Another excellent set of quarterly results from YTL Power

Posted by chessgame99 > 2023-11-24 00:06 | Report Abuse

Good write up dragon328 ! I think Jordan may have a bit more disappointments for a while but agree PowerSeraya should remain strong.

Posted by Uniholder > 2023-11-24 00:48 | Report Abuse

Thanks for the wonderful insight, Mr Dragon328 ! Shall we see YTLP close to 3.28 soon ?? 😁

Posted by slts > 2023-11-24 05:35 | Report Abuse

macd deadly cross yesterday. Ytlp already moved up alot. Mkt already priced in good QR. Price correction already started. I m just guessing, don't fxck curse me please

Posted by cgtan2020 > 2023-11-24 06:21 | Report Abuse

@dragon328 any reason for such a good margin for SG power generation this Q1'24 compare to Q4'23?

Q1'FY24
Power generation
Revenue 3,796,295,000
Profit 1,025,142,000

Q4'FY23
Power generation
Revenue 5,246,420,000
Profit 1,067,262,000

Posted by ChloeTai > 2023-11-24 07:16 | Report Abuse

@dragon328, thank you for your wtiting. Today it will fly.

Posted by probability > 2023-11-24 08:10 | Report Abuse

@cgtan, i think revenue is lower due to lower USEP but margin is higher due to higher marginal unit (as demand is rising forcing usage of lesser and lesser efficient power plant that is not used earlier)

Posted by probability > 2023-11-24 08:15 | Report Abuse

the lower USEP is due to cheaper natural gas cost shared by all power gen plants...it shows why its meaningless to look into USEP, all that matters is the marginal unit efficiency, i.e demand vs efficient power plant available

Posted by xiaochen > 2023-11-24 08:16 | Report Abuse

@dragon328, thanks for your latest article.

Posted by Alex Chua > 2023-11-24 08:21 | Report Abuse

Thanks Dragon for your effort. Wonder hot spell over will the electricity demand lower from consumer..

Posted by probability > 2023-11-24 08:26 | Report Abuse

in a nutshell, with current available power plant that's not going to change till 2025, the profit is purely dependent on demand, higher the demand higher the profit

added bonus to YTLP profit would be if the natural gas price goes even higher as they had hedged at low price for long term. Considering that Q2 24' has higher NG price compared to Q1 24', their profit will likely have this added bonus...

Posted by MooN929 > 2023-11-24 08:28 | Report Abuse

@Dragon328. Thanks for sharing

Posted by dragon328 > 2023-11-24 08:48 | Report Abuse

@cgtan2020, the strong performance from PowerSeraya in Q1 FY2024 is well expected as I have explained earlier in numerous occasions. PowerSeraya gross margin is not directly affected by gas prices while its revenue is more directly linked to gas prices.

Its gross margin is mostly locked in retails contracts (that last from 6 months to 2 years) and vesting contracts. Retails contract margin is determined based on supply and demand, while vesting contract margin is determined by EMA every 2 years.

That's why I expect PowerSeraya strong earnings to continue into 2026 at least, then we shall see how the peak demand growth will be able to match the scheduled commissioning of Keppel new CCGT unit in 2026.

Posted by jenson68 > 2023-11-24 08:48 | Report Abuse

Thanks for sharing @dragon328, cgtan2020,probability , OTB etc!! Let’s make this forum fruitful to everyone , cheers !! Also see how investor react to QR later , Good Luck

Posted by KLV868 > 2023-11-24 08:50 | Report Abuse

Morning , thanks for all positive comments. Much appreciated !

Posted by dragon328 > 2023-11-24 08:54 | Report Abuse

http://www.hlgs.hongleong.com.my/published/article/A-kMSS1-EOS9do-FB7LReb2O0pHzo_cPVFtoIjdu335ZDudPsl2pPWeXrk1djXENvyLwLERyfnr_BDi8LKrUU6vJwxcoiGlVhCOg0rHNTxk1

Hong Leong research raises tp for YTL Power to RM3.90!

Posted by cgtan2020 > 2023-11-24 08:54 | Report Abuse

@probability @dragon328 thank you so much. Look like will gap up instead of gap down.

Posted by cgtan2020 > 2023-11-24 08:55 | Report Abuse

HLB Analyst so fast upgrade!!!

Posted by dragon328 > 2023-11-24 08:55 | Report Abuse

AffinHwang research also raises tp for YTLP from RM2.20 to RM2.70

As said before, I expected this Q1 result to beat most analysts' projection and to prompt upgrades from most analysts.

Posted by cgtan2020 > 2023-11-24 08:57 | Report Abuse

@dragon328 well done!!!

Posted by KLV868 > 2023-11-24 08:59 | Report Abuse

@dragon328 very kind of you to share your research . Terima kasih.

Posted by MrFox > 2023-11-24 09:00 | Report Abuse

Jeri@@@@
Congratulations! the stock is greenish and ur face too!!!

Posted by xiaochen > 2023-11-24 09:02 | Report Abuse

Now RM 2.30
AmInvest TP Rm 2.30
TA CIMB TP Rm 2.40
RHB MIDF TP Rm 2.43
Kenanga TP RM 2.50
AffinHwang TP RM 2.70
HLIB TP RM 3.90

Posted by xiaochen > 2023-11-24 09:03 | Report Abuse

Follow HLIB TP will do.

Posted by MrFox > 2023-11-24 09:03 | Report Abuse

my target > 4,00!! so mine the best! haha

Posted by xiaochen > 2023-11-24 09:04 | Report Abuse

A bit sad for no dividend. Haiz...

Posted by MrFox > 2023-11-24 09:06 | Report Abuse

what u talking!!? just received dividends of 3.5 sen !!!!

Posted by xiaochen > 2023-11-24 09:12 | Report Abuse

Haha, i means for 1QFY24, no dividend declared la.

By the way, the recent dividend payment date should be on 29 Nov... need to wait for 5 days.

Posted by probability > 2023-11-24 09:13 | Report Abuse

amazing..till 2026!

Posted by dragon328 > Nov 24, 2023 8:48 AM | Report Abuse

@cgtan2020, the strong performance from PowerSeraya in Q1 FY2024 is well expected as I have explained earlier in numerous occasions. PowerSeraya gross margin is not directly affected by gas prices while its revenue is more directly linked to gas prices.

Its gross margin is mostly locked in retails contracts (that last from 6 months to 2 years) and vesting contracts. Retails contract margin is determined based on supply and demand, while vesting contract margin is determined by EMA every 2 years.

That's why I expect PowerSeraya strong earnings to continue into 2026 at least, then we shall see how the peak demand growth will be able to match the scheduled commissioning of Keppel new CCGT unit in 2026.

Posted by Ravi Kumar > 2023-11-24 09:16 | Report Abuse

Lol Jerichomy run away and hide with your empty head

Posted by MrFox > 2023-11-24 09:16 | Report Abuse

tks dragon328 for the insighful picture of YTLPower