Posted by wallstreetrookieNEW > 2023-12-04 09:40 | Report Abuse

Stock: [YTLPOWR]: YTL POWER INTERNATIONAL BHD

1 week ago | Report Abuse

I love when YTL holders keep defending themselves. Once CEO comes out to interview on Bloomberg, it is game over

Posted by feiloh > 2023-12-04 09:43 | Report Abuse

Thank you those cut loss just now.. i take your burden and move on now...throw more and lower please

Posted by OTB > 2023-12-04 09:48 |

Post removed.Why?

Posted by wallstreetrookieNEW > 2023-12-04 09:52 | Report Abuse

its just short term rebound. nothing exciting, cult members

Posted by yewnamhung > 2023-12-04 10:08 | Report Abuse

Don`t worry bro~~~ ada duit boleh beli lagi, kalau x dak duit balik rumah tidur diam diam makan pisang 🍌🍌🍌

Posted by HumptyDumpty > 2023-12-04 11:17 | Report Abuse

Before market close back to 2.8 or 2.3.. tommorrow AGM d, must have some good news. These guys are at it again, short dump to create panic, buy low , and tommorrow sell on news on 2.4.

Posted by myloh123 > 2023-12-04 12:00 | Report Abuse

Yes tats always d case...expecting some goodies tomorrow at d agm. Great👍

Posted by cgtan2020 > 2023-12-04 12:25 | Report Abuse

post dividend payment, it is normal to see some selling.

Posted by cgtan2020 > 2023-12-04 12:28 | Report Abuse

anyone joining tomorrow AGM?

Posted by Jonathan Keung > 2023-12-04 12:44 | Report Abuse

Must join in the AGM . The BOD { MD} need to address the shareholders. the YTL group & related company's coming year progress, plans & strategy

Posted by Jerichomy > 2023-12-04 13:25 |

Post removed.Why?

Posted by Apple888 > 2023-12-04 14:44 | Report Abuse

Buyer show yr power to sellee...make it 2.45 today

Posted by Jerichomy > 2023-12-04 15:31 |

Post removed.Why?

Posted by Jonathan Keung > 2023-12-04 16:56 | Report Abuse

See what happens after the AGM ?

Posted by KLV868 > 2023-12-04 18:24 | Report Abuse

I am seeing all positive comments cos i have Butterfly eyes.
Thank you, and I wish the best of luck to all investors who have worked hard to earn their money, striving to maximize their returns.

Posted by Plantermen > 2023-12-04 18:32 | Report Abuse

KLv you need to know what's related and what's unrelated or hear say. In a social blog postings impossible to monitor or filter the members postings. Do your own research

Posted by KLV868 > 2023-12-04 18:39 | Report Abuse

Spot on!

Posted by MrFox > 2023-12-04 20:57 | Report Abuse

AGM -maybe special div!

Posted by icecool > 2023-12-04 21:01 | Report Abuse

when rr88 tell you to sell you must all in hahaha

Posted by MrFox > 2023-12-04 22:10 | Report Abuse

me no sell! am icecool!!!!
haha

Posted by xiaochen > 2023-12-05 08:33 | Report Abuse

Now RM 2.24
TA TP Rm 2.60
AmInvest AffinHwang TP RM 2.70
RHB TP Rm 2.72
Kenanga TP RM 2.82
MIDF TP RM 2.99
CIMB TP Rm 3.00 （latest）
HLIB TP RM 3.90

6. TOTAL LIABILITIES: improve from 42,731,135k to 40,405,131k
7. Cash and cash equivalents: improve from 7,322,936k to 8,140,521k.

Posted by Apple888 > 2023-12-05 08:54 | Report Abuse

Anyone in agm meeting?

Posted by Apple888 > 2023-12-05 10:48 | Report Abuse

Congrats everyone!!!

Posted by Alex Chua > 2023-12-05 10:49 | Report Abuse

Congrats for?

Posted by Kicapmanis > 2023-12-05 10:51 | Report Abuse

Wow.. congratulations all holder

Posted by MrFox > 2023-12-05 11:01 | Report Abuse

the stock is greenish!
congrats Jeri!!!!

Posted by observatory > 2023-12-05 11:10 | Report Abuse

In this morning AGM, Dato' Yeoh explained how Wessex Water RAB value increases proportionally with the inflation rate. If annual inflation is 10%, RAB value for next year increases by 10%. As the future tariff is calculated based on the RAB, the business is essentially protected from inflation.

Posted by observatory > 2023-12-05 11:11 | Report Abuse

MSWG asked about sustainability of Power Seraya's strong earnings. The company is confident about short term prospect, but beyond that it depends on market condictions which they can't control.
I didn't hear very clearly about his response to shareholders' questions on whether they expect earnings to revert to norm based on latest contracts.
Can anyone who attend share his response?

Posted by observatory > 2023-12-05 11:12 | Report Abuse

For telecommunication, he expected regulated return of 9%, but did not elaborate. I don't understand that. Unlike Wessex Water or Tenaga, there is no regulated return for YES. What does the 9% mean?
He said second 5G network would not impact YES since government has promised both DNB and the second network will offer the same wholesale prices. Really? If there is no differentiation, why would Maxis push hard for the second network?

Posted by dragon328 > 2023-12-05 11:18 | Report Abuse

@observatory, the regulated return of 9% for telecommunication refers to the regulated return for DNB shareholders who are the 5 telcos and the government. DNB will earn a fixed regulated return on the capex it invested to roll out the 5G network.

For the 2nd 5G network, as the government already said it would offer the same wholesale access prices so it would have no impact on telcos who are using the 1st network DNB. Maxis was pushing hard for the setting up of a second 5G network as Maxis thought it could do it cheaper than DNB and hence could have lower network access fee, but the government insisted on the same wholesale prices before it approved the second network. Maxis had no choice but also to subscribe to similar level of equity stakes in DNB.

The whole idea is to provide a level playing field to all telcos in the 5G game.

Posted by dragon328 > 2023-12-05 11:22 | Report Abuse

On PowerSeraya strong earnings, the management could only give assurances for next 2 years based on the longest retails contracts they have secured. That will take us to 2025. Really beyond that nobody can give any promise on earnings, as it will depend on whether the Keppel and Sembcorb new unit can get commissioned on time and if the peak demand will continue to be as strong. You will need to talk to the industry players in Singapore to get a good sense of how it will pan out. A good guide is to get analysts reports on Sembcorb and Keppel and their earnings projection for these 2 Singapore gencos who regularly update analysts with their generation and earnings projections.

Posted by dragon328 > 2023-12-05 11:25 | Report Abuse

The fact that analysts in Singapore are generally upbeat on Keppel and Sembcorb earnings for next few years, and investors ascribe a PER of 10x to 12x to them, speaks loud on PowerSeraya's earnings for next 2-3 years.

It is only that local analysts who are not familiar with the Singapore electricity market tends to give ultra conservative projections that PowerSeraya earnings will be halved in 2025 from current levels.

Posted by dragon328 > 2023-12-05 11:31 | Report Abuse

As for Wessex RAB expansion, it really depends on how much capex is approved by Ofwat and how much the company spends. And how much capex it spends depends on inflation in the UK to some extent.

FYI, Wessex has just submitted to Ofwat a capex plan of 3.5 billion pounds for the next regulatory period from April 2025- Mar 2030. Normally Ofwat will push back on water companies' capex programmes in order to lower the water tariffs, but in this round, Ofwat seems to be supportive of the water companies' capex plans as it faces criticism on sewerage overflow and flooding issues in recent months.

If this capex plan gets approved, Wessex will expand its RAB from currently 4.1 billion pounds to about 4.5 billion pounds by Mar 2025 then expand by another 3.5 billion to almost 8.0 billion pounds by Mar 2030.

Then assuming the WACC approved for water tariff determination remains the same, we shall see Wessex revenue and earnings base doubling up by 2030.

Posted by Bernard85 > 2023-12-05 11:42 | Report Abuse

sell on good news after YTLpower joined KLCI constituent ...

Posted by observatory > 2023-12-05 11:49 | Report Abuse

@dragon328, thank you for your always useful explanations!

Posted by KLV868 > 2023-12-05 12:19 | Report Abuse

@dragon328 thanks for the positive comments for the wild dream.

Posted by Jerichomy > 2023-12-05 12:52 |

Post removed.Why?

Posted by Invest_888 > 2023-12-05 13:01 | Report Abuse

Many investors make great profit @ YTL & YTLP. Year end window dressing, I think YTL can reach RM1.70 and YTLP can touch RM2.48.

Posted by Ravi Kumar > 2023-12-05 13:19 | Report Abuse

Jerichomy and rr88 hand in their pants keeping their telors warm together.

Posted by cktay > 2023-12-05 14:50 | Report Abuse

During the AGM, was it stated the RAB of Wessex is RM20b (Can’t remember 4.1b pound or USD)
So Wessex alone (not including Seraya, Attarat, etc) is worth RM20b; div by 11b shares = RM1.80 a share
Current price of YTL Power is only RM1.54 (very undervalued to my thinking)
My take is still that Wessex should dispose off and the RM20b monetarised, especially with the exchange rate against the USD now at its lowest. (Also YTL should do some national service for the country)
Another point is I worry about upcoming Capital Tax Gains on private companies.
He mentioned when acquired RAB was around 1b but now it is 4.1b, so the capital tax if imposed will be on 3.1b a tremendous huge figure.
With regards to Attarat in Jordan, Datuk Hong mentioned something like it is going at full capacity (so Dragon was right on what is happening in Jordan). Also if I heard correctly just now at the YTL agm, the authorities have paid up all dues in full.
I clearly heard Tan Sri say the HSR is very viable and MCement already is doing very well, not even accounting for HSR. So the prospects looks good. Any one going to post questions afterwards during the MCement agm?
So I still prefer that Wessex be sold off (like Electranet) and with RM20b cash and co-financed by China, the YTL group will definitely be the top pick for the HSR project.

Posted by cktay > 2023-12-05 15:06 | Report Abuse

Sorry that's for YTL Corp.
For YTLPower it is 8.1b shares, so RM20b div by 8.1b = RM2.40
Current price of YTLPower is RM2.27

Posted by harvest6138 > 2023-12-05 15:14 | Report Abuse

Did Tan Sri mentioned anything about the pipeline for Data Center and Digital Bank ??

Posted by Apple888 > 2023-12-05 15:16 | Report Abuse

Anyone ask why dividend so kedekut?

Posted by observatory > 2023-12-05 15:28 | Report Abuse

According to Annual Report, Wessex Water RAB value at year end was £4.1 billion (RM24.4 billion).
However, we need to take debt into account, as the assets are funded by both debt and equity.
For example, Hong Leong assumes 1.2 times Enterprise Value/ RAB, and puts the equity value after debt at RM11.5b (yes, it's still a large sum versus YTL Power market cap of RM18.6b). But whether it's 1.0, 1.2 or 1.4 times are also subjective, depending on historical transactions and current market conditions.
Lastly, we also have to consider that a high EV/ RAB value can only be realized during disposal. We can't directly unlock the value. Therefore such assets are usually traded at a discount, though the level of discount is again debatable.

Posted by feiloh > 2023-12-05 16:19 | Report Abuse

https://www.klsescreener.com/v2/news/view/1243865

Posted by feiloh > 2023-12-05 16:20 | Report Abuse

Any details what is YES 5G to do with Nvidia Geforce cloud?

Posted by PresidentLOL > 2023-12-05 16:27 | Report Abuse

Ohhhhhhh lets gooooooo, new gaming era in Nvidia Geforce Cloud powered by connection YES 5G in SEA

Posted by dragon328 > 2023-12-05 16:36 | Report Abuse

As @observatoty rightly pointed out, Wessex's RAB of 4.1bn pounds is funded by debt and equity. Currently the 3 listed water companies in the UK are trading at low valuation of 1.1x to 1.2x RAB. Hence it is reasonable for Hong Leong research to value Wessex at 1.2x RAB now.

Please note that water companies were trading at much higher valuation of 1.5x to 1.7x RAB few years back before COVID and before the high inflation / interest rates in the UK.

If we take the current 1.2x RAB, Wessex is valued at 1.2 x 4.1bn - debt 2.4b = 2.5bn pounds or RM14.6bn

I have suggested for Wessex to consider an IPO after 2.25 when inflation in the UK subsides and valuation may go up to 1.6x RAB. Then Wessex may be able to get a valuation of
1.6 x 4.5b - 2.7b (debt) = 4.5b pounds or RM26.1 billion

Just think about it, come 2030 when Wessex' capex plans get materialised, its RAB will expand to 8.0 billion pounds, and debts will increase to 2.4+2.7 = 5.1b. So at 1.6x RAB, Wessex equity value will expand to 1.6 x 8.0b - 5.1b = 7.7 billion pounds or RM44.7 billion

Posted by PresidentLOL > 2023-12-05 16:41 | Report Abuse

https://www.cloudgaming.my/#section-plans

all planned :)

Posted by Apple888 > 2023-12-05 17:04 | Report Abuse

Wahhh..nvdia.goreng ytl power kow kow