Posted by dragon328 > 2024-01-29 15:36 | Report Abuse

@Invest_888, expect more to come in coming weeks leading to the Q2 FY2024 result announcement or immediately after.

Hong Leong analyst being impartial gave a timely upgrade on YTL Power as the share price approached his earlier tp of RM3.90, and made very reasonable earnings projection for PowerSeraya, and decent valuation for data centre business.

CLSA was the first foreign research house that published a good report on YTL and YTL Power. Macquarie followed immediately with a note on YTL and YTL Power call warrants after an interview with YTLP MD.

Who will be next? On foreign research houses, UBS may be next as it has been accumulating YTL shares in the open market for its clients.

CIMB has a call warrant on YTLP expiring in end Feb and another expiring in end Mar 2024 so I don't expect it to upgrade YTLP in near term. Same for Ambank which has a call warrant expiring in end Feb. Maybank has a call warrant expiring in end May then end Aug so it may give a good upgrade post Q2 result.

Affin has a call warrant expiring in early Mar then another in mid April so I don't expect it to upgrade YTLP too much.

Kenanga has one expiring in June then August so it may likely upgrade YTLP next too.

Posted by dmyap327 > 2024-01-29 15:38 | Report Abuse

yes green green grass of home

Posted by hoplanner > 2024-01-29 15:38 | Report Abuse

RHB : from RM2.21 to RM4.69 it's more than 100% TP revision. News of RHB may have saved today's downward price pressure.

Posted by dmyap327 > 2024-01-29 15:40 | Report Abuse

green(ed)

Posted by dragon328 > 2024-01-29 15:40 | Report Abuse

As for the volatile share price movements of YTLP in these few days, I think it is just mild profit taking after a strong rally. It needs to take a breather before the next rally, so as to give chance for some to take profit and others to buy in on weakness. Once the weak holders and short term traders are sold out, we may expect share price to continue rallying up to new highs, especially when there is a good chance for YTL and YTL Power to be included in the MSCI index right after CNY.

Posted by Invest_888 > 2024-01-29 15:42 | Report Abuse

Thank you @dragon328, most of ytlp investors are welcome your advices and info.

Posted by Ravi Kumar > 2024-01-29 16:01 | Report Abuse

Go down make money go up make money. Thanks to uncles and aunties

Posted by dmyap327 > 2024-01-29 16:02 | Report Abuse

green(ed) the power of love

Posted by MrFox > 2024-01-29 16:03 | Report Abuse

dmyap327

turn green soon

36 minutes ago

u r a good fortuneteller!!!
haha

Posted by 2721 > 2024-01-29 16:22 | Report Abuse

Who got sapu low low earlier, congrats again =)

Posted by 2721 > 2024-01-29 16:39 | Report Abuse

Seems like close rm4 today

Posted by Mabel > 2024-01-29 16:47 | Report Abuse

#2721 Who got sapu low low earlier, congrats again =)
29/01/2024 4:22 PM

#2721 Seems like close rm4 today
29/01/2024 4:39 PM

Mabel sapu from RM 3.84 and 3.83

So apy...

Meow Meow Meow

Posted by 2721 > 2024-01-29 17:01 | Report Abuse

Cant drop much now, all waiting to btm fishing

Posted by investopology > 2024-01-29 17:23 | Report Abuse

Tmr and Wednesday can close above Rm4 to celebrate new Agung day?

Posted by 2721 > 2024-01-29 17:24 | Report Abuse

Wow..secured tender again

Posted by hoplanner > 2024-01-29 17:32 | Report Abuse

BreakingNews

THE Energy Market Authority (EMA) has awarded YTL PowerSeraya the right to build, own and operate a hydrogen-ready combined cycle gas turbine unit with a capacity of at least 600 megawatts.

Posted by Apple888 > 2024-01-29 17:35 | Report Abuse

Hahaha

Posted by KLV868 > 2024-01-29 17:37 | Report Abuse

Excellent! More transparent and superior compared to the HSR project.

Posted by Apple888 > 2024-01-29 17:38 | Report Abuse

Like tht valuation rm5.15 not accurate...shld be rm6.15

Posted by cgtan2020 > 2024-01-29 17:41 | Report Abuse

https://www.ema.gov.sg/news-events/news/media-releases/2024/inaugural-rfp-award-for-new-generation-capacity-under-centralised-process-framework

Posted by cgtan2020 > 2024-01-29 17:42 | Report Abuse

really a very good news

Posted by cgtan2020 > 2024-01-29 17:44 | Report Abuse

https://acrobat.adobe.com/id/urn:aaid:sc:AP:1953bffd-bc69-4b0a-b5fe-b850e6855225

Posted by 2721 > 2024-01-29 17:57 | Report Abuse

Rm4.2, easy target tomorrow

Posted by cgtan2020 > 2024-01-29 17:59 | Report Abuse

https://acrobat.adobe.com/id/urn:aaid:sc:AP:5cc17bc0-f2e2-4061-a32b-8a5347312ae2

Posted by cgtan2020 > 2024-01-29 18:06 | Report Abuse

https://www.tradingview.com/x/YGbvuMWh/
Another hammer.....

Posted by investopology > 2024-01-29 18:32 | Report Abuse

BreakingNews

THE Energy Market Authority (EMA) has awarded YTL PowerSeraya the right to build, own and operate a hydrogen-ready combined cycle gas turbine unit with a capacity of at least 600 megawatts.

Posted by KLV868 > 2024-01-29 18:33 | Report Abuse

cgtan2020, is this a reversal +up
hammer?

Posted by Alex Chua > 2024-01-29 18:41 | Report Abuse

https://www.nst.com.my/business/corporate/2024/01/1007346/ytl-powerseraya-secures-tender-build-600mw-hydrogen-ready-power

Posted by MrFox > 2024-01-29 18:56 | Report Abuse

wow!!! tomorrow will see a big jump to the sky!!!
haha

Posted by xiaochen > 2024-01-29 19:26 | Report Abuse

RHB 给PE15.
一个闭门会议之后，TP立马拉升那么多。。。Hmmmm
这是对AI DC，以及新加坡业务的信心喊话。
看来AI DC确实有利可图。
随着得标新氢气合同，CY2028继续保有竞争力。

Posted by chon99 > 2024-01-29 19:29 | Report Abuse

WOW ! Another huge project awarded in Singapore !
No wonder strong rebound.

Posted by cgtan2020 > 2024-01-29 19:29 | Report Abuse

@KLV868 yes

Posted by MrFox > 2024-01-29 19:56 | Report Abuse

Scoreboard
Yu_and_Mee - 1 point
Mabel - 9 points
haha

Posted by dragon328 > 2024-01-29 20:22 | Report Abuse

Really great news for YTL Power!!

That's why I said earlier that foreign funds knew something we didn't, now at least there is this good news coming

Posted by dragon328 > 2024-01-29 20:27 | Report Abuse

As per what I wrote in Nov 2023 (extracts below), Singapore electricity supply will be tight well into 2030. The speed of EMA awarding this RFP (within 4 weeks of RFP submission close in end Dec 2023) tells of the urgency of having new capacity on stream.


Next in 2026, a new 600MW cogen plant by Keppel is expected to commence operations followed by another 600MW cogen plant by Sembcorp. These will hardly be enough to cater to the projected peak demand growth from 8,100MW in June 2023 to 9,493MW in June 2026 (based on EMA projection). The power system reserve margin is projected to drop to sub-30% levels for the next 10 years from FY2024 to FY2033 as shown in the table below:




The peak demand figures above are all based on EMA projection. Total generating capacity is gross capacity figure (before allowing for plant internal consumption and spinning reserves). The projected new generating capacity addition is assumed to be:

· 680MW OCGTs by EMA in 2025

· 600MW cogen by Keppel in 1H 2026

· 600MW cogen by Sembcorp in 2H 2026

· 600MW 1st CCGT under EMA RFP in 2028

Posted by dragon328 > 2024-01-29 20:28 | Report Abuse

Please refer to my article below for more details and the table on electricity supply demand projection for Singapore

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

Posted by dragon328 > 2024-01-29 20:32 | Report Abuse

The current effective capacity (i.e. the efficient gas-fired power plants) of PowerSeraya is about 2,000MW. Hence this new 600MW hydrogen-ready CCGT unit will increase effective capacity of PowerSeraya by 30%.

Rough calculations show that this new 600MW unit alone may add gross profit of at least SGD200 million a year to PowerSeraya once operational from end 2027. It is initially ready for 30% mix with hydrogen, and may be expanded to 100% hydrogen in the future when green hydrogen cost becomes cheaper than natural gas cost. Then gross profit might double or triple up when crude oil and LNG prices are high.

Posted by Goldberg > 2024-01-29 20:39 | Report Abuse

YTLP IS HYDROGEN POWERED NOW

YTL Power’s Singapore unit commissioned to build hydrogen-ready power plant worth S$800m


KUALA LUMPUR (Jan 29): YTL PowerSeraya Pte Ltd, a wholly owned subsidiary of YTL Power International Bhd, WON the right to build, own and operate a hydrogen-ready combined cycle gas turbine (CCGT) unit with a capacity of AT LEAST 600 Megawatts (MW) in Singapore.

This follows a request for proposal (RFP) called by the Energy Market Authority (EMA) of Singapore in July 2023. According to the EMA, YTL PowerSeraya’s proposal was selected out of four submissions for the RFP.

The power plant is estimated to cost S$800 million (approximately RM2.82 billion) and is targeted to be completed by Dec 31, 2027.

https://theedgemalaysia.com/node/698982

Posted by MrFox > 2024-01-29 20:51 | Report Abuse

tP will be revised with the latest news??!! maybe 5.50??!!!
you dun believe words od wisdom??!!
haha

Posted by MrFox > 2024-01-29 21:00 | Report Abuse

i can see the future!!!
you dun believe words od wisdom??!!
haha

Posted by myloh123 > 2024-01-29 21:24 | Report Abuse

Wow...award after award...looks like i will this investment for my cucu....great news indeed!

Posted by ccs999 > 2024-01-29 21:24 | Report Abuse

https://www.thestar.com.my/business/business-news/2024/01/29/ytl-powerseraya-wins-first-rfp-for-600mw-hydrogen-ready-ccgt-under-ema039s-centralised-process

Posted by Alex Chua > 2024-01-29 21:37 | Report Abuse

This new hydrogen plant is more expensive than sgd270mil for 400mgw. This is sgd800mil for 600mgw. Hmm hmm .. anyhow good that each projects undertaking all billions in ringgit.

Posted by Alex Chua > 2024-01-29 21:38 | Report Abuse

Tuaspring really a good buy previously...

Posted by Ytl2023 > 2024-01-29 21:58 | Report Abuse

I still have both. Key in sell 3.98 this afternoon tak jadi.. so more cash for me tomoro

Posted by cktay > 2024-01-29 22:00 | Report Abuse

https://www.nst.com.my/business/corporate/2024/01/1007110/rhb-research-raises-ytl-powers-earnings-forecasts-target-price
RHB research has a "Buy" call on YTL Power, with a higher target price of RM4.69 from RM2.95 previously.

Posted by cktay > 2024-01-29 22:05 | Report Abuse

https://www.businesstoday.com.my/2024/01/29/ytls-ai-collaboration-with-nvidia-could-generate-usd130-million-rhb-ib/
YTL’s AI Collaboration With Nvidia Could Generate USD130 Million: RHB IB

Posted by cktay > 2024-01-29 22:07 | Report Abuse

https://www.thestar.com.my/business/business-news/2024/01/25/ytl-power-data-centre-underappreciated
YTL Power data centre ‘underappreciated’

Posted by KingKKK > 2024-01-29 22:19 | Report Abuse

The big money is not in the buying and the selling, but in the waiting. - Charlie Munger

Posted by MrFox > 2024-01-29 23:12 | Report Abuse

The big money is listening to the words of wisdom!!!!
haha