Posted by good4lives > 2013-10-13 13:04 | Report Abuse

Basically, CEOs have 5 choices for deploying capital
1. investing in existing operations
2 acquiring other businesses
3 issuing dividends
4 paying down debt
5 share buybacks
Sometimes the best investment opportunity is buying own shares. In fact, the CEOs need to do 2 things to be successful: run their operations efficiently and deploy cash generated by those operations. Capital allocation is a CEO's most important job. Large share buybacks are still very foreign in Msia and therefore, local research houses have not commented on it. It requires extreme patience but the rewards will come.one day!!

Posted by hng33 > 2013-10-13 13:41 | Report Abuse

1. investing in existing operations

The huge capex of RM 2.5 bilion has already spent and completed 1 BestariNet project in Sept.

2 acquiring other businesses

Invest to invest in Jordan oil shale, have 30% stake and likely commence operation in 2015

3 issuing dividends

Cash opt for share buyback rather than paying out cash dividend

4 paying down debt

Most of the debt is non-recourse and secure by self financing from concession cash flow, which hedge naturally by localize debt based on respective business station

5 share buybacks

The main purposed for share buybacks is for cancellation later to reduce total number of share, which lead to increase earning per share.

Posted by kenken85 > 2013-10-13 21:16 | Report Abuse

u all talking with high end words that many i dont understand. i see this company as good commpany for long term investment. so i wil buy and hold it. M i right all sifu?

Posted by good4lives > 2013-10-14 08:07 | Report Abuse

To hng 33

Thanks for all your examples given to each of the capital allocation strategies. You are the one person that truly understands the intrinsic value of YTLP. Good on ya! Not many people understand the full impact of the capital deployment and allocation strategies adopted by YTLP. The financial community has not been able to quantify the intrinsic value of 1Bestarinet & YES, and appreciate share buybacks.

Posted by Jerry > 2013-10-14 08:48 | Report Abuse

YTLP share buy back maybe us a planning for future, we all know the power contract in malaysia is going to end on 2015... very soon.. Buying back own share now could reduce the impact of it. who knows?

Posted by Jerry > 2013-10-14 09:07 | Report Abuse

hope today shar buy back continue, if no i will sell tommorow

Posted by smartly > 2013-10-14 09:11 | Report Abuse

no road block in front, if buy back continue, will sail faster than previous buy back.

Posted by smartly > 2013-10-14 09:30 | Report Abuse

look like the buy back still intact.

Posted by hng33 > 2013-10-14 10:29 | Report Abuse

So far, its balance trading. Momentum likely emerge at the end of each session. Thus, just wait patiently

Posted by smartly > 2013-10-14 10:35 | Report Abuse

today will closed 1c higher as before.

Posted by smartly > 2013-10-14 10:43 | Report Abuse

kick lai liao.

Posted by smartly > 2013-10-14 10:47 | Report Abuse

no sign of 15m selling as yet.

Posted by Jerry > 2013-10-14 10:51 | Report Abuse

heavy selling dude, i wonder share buy back got exercsed or not

Posted by smartly > 2013-10-14 10:58 | Report Abuse

mum under selling pressure.

Posted by hng33 > 2013-10-14 11:05 | Report Abuse

YTLP sbb more than happy to absorb all seller volume.

Posted by smartly > 2013-10-14 11:07 | Report Abuse

son no more discount.

Posted by hng33 > 2013-10-14 11:07 | Report Abuse

The gap now become zero.

Posted by smartly > 2013-10-14 11:09 | Report Abuse

son trading at small premium now.

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

I think the seller most from new listed warrant converted share. Just lets them take profit. 15m share already almost half absorbed

Posted by hng33 > 2013-10-14 11:12 | Report Abuse

Once these warrant converted share investor sold off their 15m share to YTLP sbb. It will really hard for them to capitalize on arbitrary gap anymore. The is closing now

Posted by smartly > 2013-10-14 11:17 | Report Abuse

next batch of warrant conversion would likely come listing next Monday again.
wonder what is the size ?

Posted by esy33 > 2013-10-14 11:19 | Report Abuse

** off topic on ytl power **
Hng33, U are doing this by profession.. meaning investing full time ?
Can strike out on own ? How much minimum capital needed ?

Posted by smartly > 2013-10-14 11:19 | Report Abuse

son still standing strong.

Posted by hng33 > 2013-10-14 11:21 | Report Abuse

Just hope seller can sell their share fast, just let YTLP sbb to absorb whatever volume they have, financially it just peanut to its cash hoard of RM 10b

Posted by smartly > 2013-10-14 11:21 | Report Abuse

with no discount better don't touch son first.

Posted by smartly > 2013-10-14 11:22 | Report Abuse

son not attractive anymore.

Posted by hng33 > 2013-10-14 11:24 | Report Abuse

esy33

Wanna to know my background!? can refer to wealth-trade.blogspot.com...

Posted by hng33 > 2013-10-14 11:27 | Report Abuse

'son not attractive anymore' If you refer no discount, then its just back to normal trading. Its wire for son trading at discount, given its still have 5 year tenure and leverage 3x.

I think is good sign, allowing son and mum to follow more closely.

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

just a wild guess again, they (15m) sell mum and buy son, that show some support at son right now. maybe aiming for another conversion !?

Posted by esy33 > 2013-10-14 11:31 | Report Abuse

Okay Sir. Have read bits and bits.. u were doing some unit trust thingy and then boughts lots of GAB .. I was looking at it in 2002.Read that in surf88.com those days. That attracted me into fundamantel based investment. Those days still in uni. No $$.
Let me check the website again.
Btw, I am an Engineer. But rather interested in trading. Am thinking if i can do this too.

Posted by hng33 > 2013-10-14 11:41 | Report Abuse

esy33

Welcome to investment trading, everyone can do it, its not rocket science.

Posted by esy33 > 2013-10-14 11:48 | Report Abuse

hng33,
I am getting the hang of it. I can feel its doable. I started making money since 2009. Proton was my 1st big break. Was able to get about 2 years of my annual income. But had to hold on from 2009-2012.
Then made about a year of my annual salary through Puncak ( end 2012 - Now).

Not sure if its luck.. ahaha..

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

about 6m done now on mum, another 9m to go.

Posted by hng33 > 2013-10-14 11:57 | Report Abuse

esy33

Good, your investment return is just awesome. Can seriously consider full timer already :)

Posted by esy33 > 2013-10-14 11:59 | Report Abuse

Hng33, heheh.. thanks. Am thinking of joining as a trader with any bank willing to take me. Wanting to meet ppl as I am 33, still too young to retire.

May the best price to be with u ;)

Posted by hng33 > 2013-10-14 11:59 | Report Abuse

Esy33

I think you and horse , the blog owner of wealth-trade.blogspot have more similarity. Both of you also currently still under employ but keen to move away to be financial independently.

Posted by hng33 > 2013-10-14 12:02 | Report Abuse

esy33

Can try to join Public investment, hear they wan hire trader and comphresive training will be given.

Posted by esy33 > 2013-10-14 12:05 | Report Abuse

Hng33, Thanks. Let me read more of the blog and gauge for myself ppl's experience and path taken.
Thanks !

Posted by esy33 > 2013-10-14 12:07 | Report Abuse

Hng33, okies. Let me check Public Mutual.
Philip Capital and UOB Kay hian have postings for traders in Jobstreet currently. Have submitted it online. Hopefully i get it ;)

Posted by Jerry > 2013-10-14 12:38 | Report Abuse

full time trader? no kidding man, your eyes gonna be painful for long day staring on the monitor.. haha... i ll be scare to take this kind of position

Posted by betulbetulcakap > 2013-10-14 12:41 | Report Abuse

betulbetulcakap ini counter orang tua

Posted by kolim13 > 2013-10-14 13:26 | Report Abuse

i hear new from kenang ytlpower will up to $2.00 above ???

Posted by esy33 > 2013-10-14 14:25 | Report Abuse

Jerry, My current job requires me to be in front of the notebook screen 90% of the day.
The only different is that, i am not required to be ready in front of the notebook by 9am.

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

8m done, 7m to go.

Posted by smartly > 2013-10-14 14:43 | Report Abuse

sbb not buying up anymore, just need to sit right there to collect.

Posted by Jerry > 2013-10-14 14:44 | Report Abuse

wow esy33, go ahead. you're hired

Posted by smartly > 2013-10-14 15:08 | Report Abuse

wb started breaking at 0.585. :(

Posted by yeechachoon > 2013-10-14 15:30 | Report Abuse

no strength to move...

Posted by smartly > 2013-10-14 15:32 | Report Abuse

0.58 also started to crack.

Posted by hng33 > 2013-10-14 15:47 | Report Abuse

Nothing to worry, unless YTLP sbb stop buyback. Lets wait and see at the end of trading session and today announcement.