Posted by klee > 2024-03-03 14:37 | Report Abuse

Mr OTB.Can we have your view of how the Uk brabazon project will impact the profitability of YTLP? Thanks.

Posted by darrenliew > 2024-03-03 14:55 | Report Abuse

Dragon328 Tq for your very insightful write up and computation on YTLPOWR'S Brabazon devt project.
I wish to add something which many may not be aware.
I.e. UK policy practice in NOT ALLOWING property developers to recognise all sales Incomes and profits into their financial accounts UNTIL AFTER certified completion of the units sold and keys delivered to the purchasers. This will take 3 to 4 years to be legally fulfilled.
Hence YTLPOWR will not be able to show the sales revenues and profits from this UK project in their quarterly/yearly financial results until after 2026 or 2027.
This a true situation which can be verified by referring to EWINT's projects in UK where their directors gave explanations when releasing their quarterly results as to why their company suffered losses or made less.
So we will have to wait for a few years before we can see the financial contributions from Brabazon.
(Just wish to share knowledge and awareness)
Tq

Posted by probability > 2024-03-03 15:32 | Report Abuse

@darrenliew, thanks for the info

i see from below link that the completion is quite fast tracked

www.itv.com/news/westcountry/2024-03-01/once-in-a-generation-plan-approved-for-new-south-west-city-district

The first homes at Brabazon are due to completed in 2025.

Posted by probability > 2024-03-03 15:50 | Report Abuse

More connected, more sustainable, more opportunities at Brabazon: Masterplan approval granted for the most exciting new city district in the South West

29th February 2024

https://www.ytldevelopments.co.uk/latest-news/masterplan-approval-for-brabazon

YTL Developments is already making good progress on delivering Brabazon. At present:

1. The Hangar District - our first phase of new homes – is due to complete before the end of 2024. A range of studio, one and two-bedroom apartments and two, three and four-bedroom houses is on sale now, with over half of the 300 properties already completed and occupied.

2. Properties in our second phase of new homes are under construction, with the first homes due to complete in 2025.

3. Boxworks – the iconic shipping container workspaces – has moved to Brabazon from Bristol Temple Meads. Tenant demand is proving very strong ahead of the opening of the very first workspaces at Brabazon in May this year.

4. The primary road network within Brabazon is currently under construction.

Posted by MrFox > 2024-03-03 16:43 | Report Abuse

good insightful info! terima kasih

Posted by Jerichomy > 2024-03-03 17:00 |

Post removed.Why?

Posted by Alex Chua > 2024-03-03 17:18 | Report Abuse

Dunno where i read the brabazon already contributed profit to ytl. Their reporting is confusing alot things lump into ytl during quarterly results announcement.
Btw 1. The Hangar District - our first phase of new homes – is due to complete before the end of 2024. A range of studio, one and two-bedroom apartments and two, three and four-bedroom houses is on sale now, with over half of the 300 properties already completed and occupied.

2. Properties in our second phase of new homes are under construction, with the first homes due to complete in 2025.

Posted by Alex Chua > 2024-03-03 17:19 | Report Abuse

https://www.nst.com.my/property/2022/02/774391/brabazon-project-uk-contributes-significantly-ytl-corps-property-division

Posted by probability > 2024-03-03 17:27 | Report Abuse

Its because the construction work for the Brabazon property development project was undertaken by YTL Corp's construction arm there (see what dragon328 mentioned above)

Their revenue recognition is much ahead than YTL Development UK (100% owned by YTLP)

Posted by Uniholder > 2024-03-03 18:20 | Report Abuse

BBC news yesterday says it is a revised plan to build 6500 homes, double than earlier planned.

Posted by MrFox > 2024-03-03 18:21 | Report Abuse

meaning the ahmoi is getting more beautiful?
haha

Posted by klee > 2024-03-03 18:28 | Report Abuse

profit recognised now or later is still profit ,plan ady approved,apa lu mahu lagi
haha

Posted by klee > 2024-03-03 18:32 | Report Abuse

funds will definitely view this as a positive,thats all that matters

Posted by Paul Tan > 2024-03-03 18:52 | Report Abuse

https://www.lowyat.net/2024/317650/malaysia-to-get-supercomputer-as-part-of-nvidia-ytl-rm20-billion-ai-investment/

Posted by OTB > 2024-03-03 21:13 | Report Abuse

Klee,
The prospect of YTLPower is too good, I just do not want to talk further on Brabazon property project.
If I add the earning of this project inside, the share price will be >10.00 in FY 2026.
I believe the present earnings without Nvidia's supercomputer, the target price is very high.

Let me summarise it again.
Without Nvidia's supercomputer, the target price is 6.30 at a PER=15.
Time frame = now until 30/6/2024.

With Nvidia's supercomputer (4.3 billion investment), the target price is 6.87 at a PER=15.
Time frame = 1/7/2024 until 30/6/2025.

Assumption 1.
With Nvidia's supercomputer (20 billion investment), the target price is 9.30 at a PER=15.
Time frame = 1/7/2025 until 30/6/2026.

Assumption 2.
With Nvidia's supercomputer (20 billion investment), the target price is 11.16 at a PER=18.
Time frame = 1/7/2025 until 30/6/2026.

I will still sailang on this stock.
Thank you.

Posted by OTB > 2024-03-03 21:16 | Report Abuse

Klee
Please get Jerichomy to share his knowledge on the future earning of YTLPower.
Jerichomy claimed that he is very good in share investment.
Others are all scammers.
Thank you.

Posted by klee > 2024-03-03 21:20 | Report Abuse

Thanks Otb for taking the time to answer.Dont worry about jeri he has mental issue.

Posted by Uniholder > 2024-03-03 21:39 | Report Abuse

Thanks OTB. Look forward to June.


🎉🎉🎉

Posted by klee > 2024-03-03 21:51 | Report Abuse

Btw did you all notice Zafrul announcement came one day after msci inclusion of ytlp? I give full marks for ytlp management timing.After all big funds tracking msci can buy they announce.

Posted by klee > 2024-03-03 21:52 | Report Abuse

Brabazon is an added bonus.

Posted by investopology > 2024-03-03 23:10 | Report Abuse

All other klci msci stock are over bought and going to retrace. Only YTLP and YTL are under value now.

Posted by Jerichomy > 2024-03-04 00:10 |

Post removed.Why?

Posted by Jerichomy > 2024-03-04 00:10 |

Post removed.Why?

Posted by Andy2378 > 2024-03-04 00:47 | Report Abuse

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E4%B8%9A%E7%BB%A9%E6%BD%AE%E7%BC%BA%E4%BA%AE%E7%82%B9-%E9%A9%AC%E8%82%A1%E6%96%99%E7%BB%AD%E6%95%B4%E7%9B%98?fbclid=IwAR3yUT11ZanItsslI5bw0hH7YaJpetinOYnGSE7T2KZN5dF9TEZml2vyYNI#google_vignette

Posted by myloh123 > 2024-03-04 10:25 | Report Abuse

Ytl n ytlp r suppressed from going up further...hovering at this level...mayb d management dun want declare high dividends...going up too fast n furious wud affect d yields

Posted by myloh123 > 2024-03-04 10:26 | Report Abuse

I think its healthy in d long run

Posted by investopology > 2024-03-04 10:52 | Report Abuse

Operator haven’t wake up and waiting more retailer sell first.

Posted by Apple888 > 2024-03-04 13:03 | Report Abuse

Very disappoint see ytl power share price.
Ytl corp move like dragon.

Posted by HuatRex1314 > 2024-03-04 13:39 | Report Abuse

Ytlp correction not over yet. 1st support at 3.70

Posted by mikewazowski > 2024-03-04 14:41 | Report Abuse

Low PE, high SG dollar.

Buy only

Posted by Raymond Tiruchelvam > 2024-03-04 14:56 | Report Abuse

institutional investors staying on sideline.... hmmm

Posted by myloh123 > 2024-03-04 15:37 | Report Abuse

Vultures r waiting for cheap sale

Posted by myloh123 > 2024-03-04 15:39 | Report Abuse

Its all about holding power....at rm 3.70 i want to switch over some dead stocks over.

Posted by CHLEONG888 > 2024-03-04 16:10 | Report Abuse

A bit disappointed, ytl is perform much better than ytlp???

Posted by myloh123 > 2024-03-04 16:11 | Report Abuse

Dun keep looking at it then.

Posted by myloh123 > 2024-03-04 16:13 | Report Abuse

Investing needs lots of patience especially the stock has gone up 5+ times over a years period.

Posted by ks55 > 2024-03-04 16:38 | Report Abuse

"Johor Menteri Besar Datuk Onn Hafiz Ghazi said GDS Holdings which is a leading data centre operator has invested RM14.33 billion in Johor with the opening of two data centres in Nusajaya Tech Park and Kempas Tech Park."

Has invested - not will invest. In fact STT GDS is buying another piece of land in NCIP to set up hyperscale DC, meanwhile Microsft already has one hyperscale DC in Sedenak High Tech Park, and already paid for another hypersacle DC in NCIP.

Hyperscale DC is getting more and more crowded with stiff competition. No news from Nvidia as how is it going to 'collaborate' with YTLP. Is it just selling its Nividia AI chips? Is it just selling its software? Or is it going to get clients through its networking?


https://www.thestar.com.my/business/business-news/2024/03/04/china-based-gds-holdings-set-to-expand-business-in-johor

Posted by MrFox > 2024-03-04 16:50 | Report Abuse

crazy closing!!!!!!!!!!!!!!!

Posted by MrFox > 2024-03-04 16:51 | Report Abuse

to catch the intra day shorties?

Posted by investopology > 2024-03-04 16:56 | Report Abuse

Wow what happen?

Posted by ktrader > 2024-03-04 16:59 | Report Abuse

short covering ?

Posted by sultan > 2024-03-04 17:02 | Report Abuse

Transaction of 04 Mar 2024

No: 5454, Time: 04:50:00pm, Price: 3.940, Change: +0.020, Vol: 4455, Val: 1755270

Million MYR transaction.

Posted by dragon328 > 2024-03-04 17:21 | Report Abuse

decent closing today for YTL Power with more muted trading volume.

It is good to see that YTL Power shares are cooling off a little bit lately, as a slew of good news and good developments at the company has sparked a major re-rating of the stock:

1) Inclusion into KLCI component index in early Dec 2023
2) announcement of collaboration with Nvidia to develop AI data centres in mid Dec 2023
3) winning the EMA tender for development of a new 600MW hydrogen-ready CCGT in Jan 2024
4) announcement of inclusion into MSCI in mid Jan 2024 and official inclusion on 29 Feb 2024
5) approval for the Brabazon property development project with enlarged plan of 6,500 homes and 4m sf commercial area

Any long rally of a stock will need a pause for it to consolidate gains, also to allow some early investors to take some profits and for late comers to get into the stock on profit taking.

If we take a longer term view of 12 months-24 months, this stock has been performing in a fantastic form, way better than our initial expectation. So it is entirely normal for people to take profit and adjust their portfolio.

But if I look around Bursa stock universe, it is really hard to find another stock with better prospects and earnings certainty than YTL Power & YTL Corp, big cap, liquid, high trading volume, cheap valuation, etc all favoured by foreign funds.

If we think foreign funds will come into Bursa in a big way and Bursa will see a bull run in 2024 and 2025 as envisaged by iCap Mr. Tan Teng Boo (who expects KLCI to test 2,500-3,000 points in next 2-5 years), which stocks would foreign funds look at favourably?

Tenaga?? no, latest Q4 very weak, Manjung plant down on unplanned outage till 2024 end/2025, high receivables over RM10 billion, tight cashflows and working capital, super high capex of over RM50 billion in next few years, high borrowings and doubling interest expenses from higher capex spending, etc.

bank stocks? Maybank and RHB Bank maybe for decent dividend yield of 6% p.a. but growth is limited hence share price upside is limited

other utilities stocks? TM? definitely no as its unifi business is seeing huge threats from 5G operators who are offering cheaper and faster wifi solutions

Pet Gas? also no due to high valuation of over 30x PER

Dialog? maybe as Q4 earnings are solid but still valuation is double of that for YTLP

what else? IHH for 35x PER?

any other stock traditionally favoured by foreign funds?

Posted by Mabel > 2024-03-04 17:47 | Report Abuse

Touche Dragon..

Today Mabel collect more at RM 3.90...hihihi

To Our Success !

Meow

Posted by MrFox > 2024-03-04 17:49 | Report Abuse

👍
better store alot of panttees
haha

Posted by Permutation > 2024-03-04 17:50 | Report Abuse

@dragon328, why would foreign funds not keen on FPSO companies like Yinson? Good EPS, consistent earnings, ----but hugh debt ? high risk?

Posted by Mabel > 2024-03-04 18:31 | Report Abuse

https://www.nst.com.my/business/corporate/2024/03/1020800/without-new-additions-fbm-klci-constituents-earnings-down-33pct

Posted by klee > 2024-03-04 18:58 | Report Abuse

nvidia pre market up usd10 to usd 833 now

Posted by klee > 2024-03-04 19:03 | Report Abuse

gds rm14 bil in johor?
nvidia shud reconsider to increase investment to rm 40 bil
haha

Posted by klee > 2024-03-04 19:04 | Report Abuse

what is rm20 bil more to a usd2 trillion co?
peanuts !