Posted by thekennkenn > 2013-10-11 10:23 | Report Abuse

thanks, i am first time register here but all the while have view your opinion of this, really thanks!
let's discuss together in the future :)

Posted by smartly > 2013-10-11 10:23 | Report Abuse

thekennkenn, sound logic. :)

Posted by hng33 > 2013-10-11 10:27 | Report Abuse

Frankly, its easy to advice people to buy on undervalue stock and entry level. But its difficult to advice on people when to take profit, the exit level. All depend on each individual risk profile.

Posted by smartly > 2013-10-11 10:27 | Report Abuse

hng33, yes, short term warrant holders can do so. :) we will continue stretching a bit longer. :) for maximum profit possible....

Posted by smartly > 2013-10-11 10:32 | Report Abuse

individual risk preference a very true statement, that is why at every level also there is buying and selling.
since mum is more of a straight up pattern thanks to sbb, prefer to wait longer. :p

Posted by hng33 > 2013-10-11 10:32 | Report Abuse

Seller appear at 1.89....

Posted by thekennkenn > 2013-10-11 10:33 | Report Abuse

hng33, good point.
smartly, yes. heehee...

Posted by smartly > 2013-10-11 10:34 | Report Abuse

those risk taker out there, can take 0.60 if you want. to me it is cheap when mum stay at 1.88.

Posted by smartly > 2013-10-11 10:38 | Report Abuse

go q 0.595 and wait for weak players to throw.

Posted by good4lives > 2013-10-11 10:47 | Report Abuse

Share buybacks is a good capital allocation strategy. Long term investors will be rewarded. US companies like Teledyne and Capital Cities which have use share buybacks strategy have rewarded shareholders very well in the past.

Posted by smartly > 2013-10-11 10:50 | Report Abuse

This news related ??

随着向来备受民间诟病的独立发电厂合同即将届满，前国能主席阿尼阿鲁提醒政府，相关重新谈判务必获得所有利益相关者的参与，尤其消费人和能源委员会。

阿尼阿鲁在新出版的回忆录揭露，大马在1992年发生全国大停电之后，国能就被迫将位于登州北加（Paka）以及柔州巴西古当两片地皮出售予第三方，以兴建独立发电厂。

而这次的发展正式掀开马来西亚独立发电厂的时代，而第一家独立发电厂就是杨忠礼发电私人有限公司（YTL Power Generation Sdn Bhd）。

Posted by hng33 > 2013-10-11 10:51 | Report Abuse

good4lives

Must known what its company intention to share buyback

Share buybacks = cancellation, reduce total number of share (YTLP)
Share buybacks = distribute back as share dividend (YTL, symlife)
Share buybacks = Sell back to open market and reap profit (Glomac)

Posted by hng33 > 2013-10-11 10:54 | Report Abuse

smartly

First of all, why there was nationwide electricity breakdown ?? Incompetence of TNB never mention here...Why after so many year, and until IPP with concession 21year is due to expire in just another 2 year, only these TNB reveal it ??

Posted by hng33 > 2013-10-11 10:58 | Report Abuse

smartly

Be a first IPP, YTLP need to take risk, it need to secure financing from bank to build power plant, if without pass through and handsome potential profit, how to adjust risk and reward and willining bank to loan these mulitbilion maiden venture ?

Posted by hng33 > 2013-10-11 11:01 | Report Abuse

smartly

If without nationwide electricity breakdown, i don't think Gov have idea to build IPP, instead could just relying on TNB alone. These is cause and event....

Posted by smartly > 2013-10-11 11:03 | Report Abuse

when something turns out in success, people get sore eye. lol

Posted by good4lives > 2013-10-11 11:25 | Report Abuse

hng33

Very good point. Teledyne and Capital Cities basically cancel shares and reduce no. of shares outstanding. These companies bought between 40-50% of shares outstanding in the 80s. Good for earnings per share. i think share buybacks is a very good allocation strategy. Other capital allocation strategies like investing in existing business, acquisitions, pay back debts and pay dividends. i reckon if share buybacks is done properly, it will reward shareholders.

Posted by iafx > 2013-10-11 11:30 | Report Abuse

shares bought back and cancel is a waste, no different from burning cash.

Posted by hng33 > 2013-10-11 11:39 | Report Abuse

Share buybacks = cancellation, reduce total number of share (YTLP)
- Reduce total number of share, increase EPS, fairness to all shareholder

Share buybacks = distribute back as share dividend (YTL, symlife)
- Major shareholder is main beneficial, increase stake and further strengthen control over the company

Share buybacks = Sell back to open market and reap profit (Glomac)
- Realize one off, non recurring profit.

Posted by hng33 > 2013-10-11 11:42 | Report Abuse

Francis Yeoh is smart investor, he won't spent money to buyback and cancel share later for no reason. Just patiently wait till end of these year for the outcome.

Posted by JTFX > 2013-10-11 11:47 | Report Abuse

smartly, everyday u buy Wb n sell T2T3.. collect pocket money to buy XO every few days??..good strategy..LoL...

Posted by smartly > 2013-10-11 11:51 | Report Abuse

JTFX, LoL !!! like that everyday also got abalone to eat ma...

Posted by smartly > 2013-10-11 11:58 | Report Abuse

just a wild guess....
ytlp has a par value of 50cent.
after ytlp sbb and shares cancelled exercise.
ytlp decide to cancel 40c par value as shares distribution back to shareholders just to make same par value as ytl at 10c.
indirectly it exploded the share issued back to where it used to be.
then only the privatisation come into place.

can this scenario happen....!?

Posted by Jerry > 2013-10-11 12:23 | Report Abuse

Thts y i said ytlp getting hard to collect now. This stock ll move very fast right now provided ytlp keep on buy back. If no mistake there are another party accumulating as well.

Posted by hng33 > 2013-10-11 12:36 | Report Abuse

smartly

Possible, but YTL privatize YTL cement also via share swap despite YTL cement have par value RM 1.00. Other scenario could be combination of selective capital repayment + share swap.

Posted by ruslimz > 2013-10-11 12:37 | Report Abuse

smartly.......it sounds logical .....wowwwww ...Rm 400 capital payback for each 1000 shares...21% return at current price....

Posted by hng33 > 2013-10-11 12:38 | Report Abuse

Jerry

It consider very lucky for YTLP sbb already as stock only move bit faster now after its already buyback as much as 7% of total volume from open market at much lower cost.

Posted by titus > 2013-10-11 12:40 | Report Abuse

kinda regret that i did not pledge my last drop of blood on this....hehe.....
se all of u at 70c......

Posted by hng33 > 2013-10-11 12:43 | Report Abuse

titus

So long have investment in YTLP/WB, be small/big holder also is participant member here. Together we join our knowledge of investment here, to reap as much possible profit on YTLP/WB.

Posted by thekennkenn > 2013-10-11 12:45 | Report Abuse

friends, anyone can explain if the senarior happen as what Smartly mentioned, they cut the Par Value down to 10c, any impact to Warrant?

Many Thanks

Posted by kcchongnz > 2013-10-11 12:52 | Report Abuse

Posted by iafx > Oct 11, 2013 11:30 AM | Report Abuse

shares bought back and cancel is a waste, no different from burning cash.


What kind of investment theory is this? Some kind of contemporary economic hypothesis?

Posted by JTFX > 2013-10-11 13:27 | Report Abuse

haha..well hng is very tactful n hv d patience to explain..hope we get a wb 0.65 close for the week?? haha..good luck..nice weekend..

Posted by Jerry > 2013-10-11 13:48 | Report Abuse

Hng, simple theory im using. Because those scare and not greedy has edi sold their holding. And look at the volume and price. Volume getting less as price keep moving on. This means what? Those still left now are greedy or looking for long term.from the percentage of daily bought buy ytlp failed to get more. This means what? There are other party accumulating as well. I hv to look n observe longer to confirm this

Posted by imoogi99 > 2013-10-11 13:52 | Report Abuse

Another cancellation sometime this week or next, get ready for price to cross the RM2 mark.

Posted by Jerry > 2013-10-11 14:03 | Report Abuse

kcchongnz Posted by iafx > Oct 11, 2013 11:30 AM | Report Abuse

shares bought back and cancel is a waste, no different from burning cash.


What kind of investment theory is this? Some kind of contemporary economic hypothesis?


" His point is, those shares worth hundreds mils. Bought back using hundreds mill and cancelled it means burnt hundreds mils. If those money were used to pay as dividend, he will get...." But he missed an long term point, EPS in the future has increased, the ability to pay higher dividend and shareholders holding(%) has increased as well. This is individual view, some like dividend some like long term/future. Depends. But i love buy back and cancel rather than redistributing back.

Posted by hng33 > 2013-10-11 14:30 | Report Abuse

thekennkenn

Warrant are assure by deed and poll stated by law and guided by various formula adjustment to exercise price according to protect and safeguard warrant holder interest. Corporate exercise like share dividend/new warrant issue/par value reduction/capital repayment of underlying share, all will lead to adjustment in exercise price. Last few year back, YTLP declare share dividend to shareholder, the exercise price adjust downward by 4sen from initial RM 1.25 to current RM 1,21.

Posted by hng33 > 2013-10-11 14:31 | Report Abuse

I think YTLP sbb may engulf 1.89, but closed at 1.88 today. WB is now stay above 60sen

Posted by hng33 > 2013-10-11 14:31 | Report Abuse

Already engulf RM 1.89, challenge 1.90

Posted by smartly > 2013-10-11 14:32 | Report Abuse

sapu 0.61..... cheap..

Posted by Jerry > 2013-10-11 14:34 | Report Abuse

not likely is share buy back, the other party are accumulating. I can confirm this.

Posted by lwjiann > 2013-10-11 14:36 | Report Abuse

lai liao

Posted by Jerry > 2013-10-11 14:37 | Report Abuse

if that is share buy back... it'll be too aggressive, not their style.

Posted by hng33 > 2013-10-11 14:39 | Report Abuse

Jerry

If other fund also accumulating, 'Lagi best'. competition will lead to surge in momentum.....

Posted by smartly > 2013-10-11 14:48 | Report Abuse

if all from the sbb, then ytlp would have reached the 250m shares now for 2nd batch cancellation.
this show that the buy back continue and still in force. reaching RM2 is just a matter of time. :)

Posted by smartly > 2013-10-11 14:50 | Report Abuse

mum = rm2

son = at least 0.73

Posted by smartly > 2013-10-11 14:52 | Report Abuse

12/61 = 19% profit for wb.

Posted by Peter5151 > 2013-10-11 14:53 | Report Abuse

is it the HSR coming soon ?

Posted by smartly > 2013-10-11 14:55 | Report Abuse

those opt to sell 0.605 will have potential loss of 19% profit in 3 weeks time.

Posted by thekennkenn > 2013-10-11 14:57 | Report Abuse

thank u hng33

Posted by thekennkenn > 2013-10-11 14:59 | Report Abuse

smartly, i agreed with you!