Posted by speakup > 2024-05-03 22:19 | Report Abuse

Speakup was hardcore PH supporter last time, even donated a lot money to PH for GE. But after seeing the hypocrisy, speakup no longer support any political party

Posted by speakup > 2024-05-03 22:27 | Report Abuse

https://m.malaysiakini.com/news/704431

Posted by OTB > 2024-05-03 23:29 | Report Abuse

Do not attack the present government, I believe this government is better than the previous one.
This is the best government so far in the last 70 years.
Give this government sometime to improve, Rome is not built in one day.

KLSE is super bullish in 2024 and 2025 because there are many foreign investors are investing heavily in Malaysia.
We have not seen a bull market since 1993.
KLSE was a bear market for the last 30 years.
We want to make money in a bull market, hope the present government will be there until 2027.
Good luck.
Thank you.

Posted by Agjl > 2024-05-03 23:29 | Report Abuse

https://theedgemalaysia.com/node/710297

Posted by Goldberg > 2024-05-04 09:28 | Report Abuse

YTL's 664 hectares of land in Kulai earmarked for GREEN POWER viz Large Scale Solar Farms.

Back in 2021, YTL Power’s 70%-owned subsidiary Sultan Iskandar Power Station had purchased 664 ha of oil palm estates for RM429mil from Boustead Plantations Bhd with the intention to develop large-scale solar plants.

RHB Research said 275 acres of the land is being carved out to develop a 500MW Green Data Centre Park with a total investment value of RM15bil, with the DC being owned by YTL Data Center Holdings Pte Ltd, a wholly subsidiary of YTL Power.

1 hectare = 2.47 acres.

Posted by LimPek1510 > 2024-05-04 10:20 |

Post removed.Why?

Posted by xiaoeh > 2024-05-04 10:23 | Report Abuse

Felix
just ask yourself
who will u believe..?
the one who keep changing ids...? or
the one who use only 1 id?

Posted by klee > 2024-05-04 11:29 | Report Abuse

When proven wrong ks55 n ular left gentlemanly.Now left one re tard fighting here in a battle that cant be won.

Posted by klee > 2024-05-04 11:31 | Report Abuse

Low iq ppl cant be saved.

Posted by klee > 2024-05-04 11:59 | Report Abuse

Smart ppl will use their time wisely to look for great multi bagger like YTLP.Conversely re tards will throw away their time to campaign against it.Kena padan muka is the hobby of re tards la.

Posted by LimPek1510 > 2024-05-04 12:03 |

Post removed.Why?

Posted by Agjl > 2024-05-04 12:17 | Report Abuse

Metaverse….bla bla bla bla bla bla….pls continue so the price will continue challenge 5 next monday….wat a joker…bla bla bla wakakakakakakakaka

Posted by edwing9981 > 2024-05-04 12:25 | Report Abuse

I use chatGPT free software from openAI.

You just waiting for MCMC raid your internet cafe in PJ. Don't cry papa cry mama ya.

Posted by edwing9981 > 2024-05-04 12:32 |

Post removed.Why?

Posted by OTB > 2024-05-04 13:11 |

Post removed.Why?

Posted by klee > 2024-05-04 13:12 | Report Abuse

Aiks sayonara ady ka,btw who here will miss you,except those bilis who were misled by you n missed out of the opportunity to buy a great stock at lower prices.Am sure those bilis are cursing you now.

Posted by OTB > 2024-05-04 13:19 | Report Abuse

TanDavid see me during the trading day almost everyday.
I check with him on the accusation from Felix, he told me that he did not do it.
Check the English style, I also agreed that the real person is not TanDavid.
I told TanDavid my rule, not to attack anyone in I3. He can only defend himself.

Felix is not happy with TanDavid, just drag my name into dispute.
I am very disappointed and I will not waste my time to argue with her.
Let others to attack her.

Please stop to drag my name into any dispute, I am not interested to get involved.

I want to make more money on YTLPower, it is my only focus.
Others ... I try to ignore.

I believe the share price of YTLPower will move up very high.
Good luck.
Thank you.

Posted by OTB > 2024-05-04 13:32 | Report Abuse

No candle loses its light while lighting another candle.
Never stop sharing, caring and helping others, because it makes our life more meaningful.
Thank you.

Posted by rchi > 2024-05-04 13:35 | Report Abuse

YTLP and TENAGA will help fbmklci break 1600 level on next monday.There can be so many DC's sprouting up all over Msia.There are only 2 major power suppliers in semenanjung currently.I expect fbmklci to touch 1620 prior to KKB by election.Khazanah will see to it.

Posted by rchi > 2024-05-04 13:36 | Report Abuse

KKB by election date is 11 th may

Posted by Zhuge_Liang > 2024-05-04 13:41 | Report Abuse

When the share price is 4.06, a naysayer said it is easier for the share price to drop 10% to 3.65.
I think he is wrong again.

The share price goes up 18% to close at 4.79 instead.

It is always very difficult to predict share price, do not attack others when the share price is in your favour.
No one can predict the share price accurately unless he is the god.

Posted by rchi > 2024-05-04 13:43 | Report Abuse

Crude oil crashing will lead Fed to be dovish.This will provide the extra oil over the current fire.Unless there is another flare up in tension in the middle east,May should be a good month.

Posted by rchi > 2024-05-04 13:45 | Report Abuse

There is a high chance for YTLP to challenge RM6 in May prior to Nvidia bringing in their supercomputer in June.

Posted by OTB > 2024-05-04 13:49 | Report Abuse

I do not believe in "sell in May and go away".
I hope it will never happen in May 2024.
I believe Q1 2024 results of most companies will perform very well, hence the overall quarter results ended March 2024 should be good compared against FY 2023.
Hence the share price should rise in May 2024 especially YTLPower.
Thank you.

Posted by speakup > 2024-05-04 13:56 | Report Abuse

Aiyoh the Sell In May nonsense is outdated lah. This was when no internet and traders had to Trading Floor to do their trades. In May the traders go long Summer holidays.
Nowadays with Internet, this Sell in May nonsense is no longer valid

Posted by Agjl > 2024-05-04 19:30 | Report Abuse

https://www.straitstimes.com/singapore/embrace-ai-and-tech-or-be-displaced-by-those-who-do-tan-see-leng

Posted by Agjl > 2024-05-04 19:31 | Report Abuse

This is the trend for the next 5-10 years. Embrace it or get kick out… guess who already had a head start? Yxxp? Wakakak

Posted by jenson68 > 2024-05-04 19:56 | Report Abuse

Good article @Agjl !! Hold tight as incredible growth AI related counter , cheers !

Posted by kytan > 2024-05-04 20:18 | Report Abuse

https://youtu.be/vsZhUN6dPr0?si=YuNRKQbso8zwyyTm

Posted by Agjl > 2024-05-04 21:56 | Report Abuse

https://tradebrains.in/features/green-energy-stock-hits-10-upper-circuit-after-companys-net-profit-increased-by-750-in-h2fy24/

Posted by xiaoeh > 2024-05-04 23:35 | Report Abuse

.................Felix bro..
take note of the above.....

Posted by Raymond Tiruchelvam > 2024-05-04 23:41 | Report Abuse

guys..... i dont know how we can reach to this mud-slinging level among some of the participants??? this is just a simple forum for everyone to share their thoughts and views and exchange information and thats it.... its not a forum to force anyone to make decisions, and it seems like some have made bad decisions based on someone's incorrect call perhaps and due to that you have animosity and grudge and hatred and all.... this has to stop, as everyone makes decision based on their own analysis or if you want to follow others then its your call... there is no one else to be blamed.... i dont doubt there are some who are over optimistic... well thats just their right, you have to take the advice with a pinch of salt.... thats it kapish..... :-) peace

Posted by Sslee > 2024-05-05 09:09 | Report Abuse

US$1.7b in Indonesia, Azure data centre in Thailand, US$2.2b in Malaysia: All eyes on spillover effect as Microsoft goes big in SEA
Twentytwo13
Fri, 3 May 2024 at 9:31 am GMT+7
5-min read

Microsoft announced nearly US$10 billion in investments in AI abroad in recent months, eager to dominate the market. This will certainly get Google, Meta and even Amazon following suit.

The latest series of investments is set to trigger a healthy competitive environment, specifically in the AI sphere, in the region. The Asian Development Bank, exactly a month ago, said foreign direct investments (FDI) in Southeast Asian nations reached a record high of US$224 billion in 2022, up 5.5 per cent from the previous year. The resilience of FDI flows to the region is in part due to the reshaping of global supply chains and the greening of emerging markets.

Posted by MrFox > 2024-05-05 09:42 | Report Abuse

willtest new high this comingweek
whispering words of wisdom

Posted by OnTime > 2024-05-05 09:42 | Report Abuse

next week uncle sam may sanction malaysia. let's hope pmx agrees to their demands. it's the only thing that will derail this upward momentum.

Posted by klee > 2024-05-05 11:09 | Report Abuse

Totally agree with Mr OTB's outlook.Smart investors would hv taken the cue when Pmx instructed Khazanah to invest in local mkt days ago.Pmx will not throw RM3 bil into the sea.

Posted by dragon328 > 2024-05-05 15:07 | Report Abuse

Nomura has initiated coverage on YTL Power with a BUY call and target price of RM5.70, based on 10% discount to its Sum-Of-Parts (SOP) valuation of RM6.30.

This is the second foreign research house that calls a Buy on YTL Power in last one month, after CLSA upgraded YTL Power on 17 April 2024.

This explains why we see a new wave of buying from foreign funds in YTL Power shares in past 2 weeks, after the big wave of foreign buying in early Jan 2024.

Posted by dragon328 > 2024-05-05 15:19 | Report Abuse

In the Nomura report, it gives a good projection of PowerSeraya's earnings as follow:

  FY2024     FY2025      FY2026      FY2027      FY2028
PBT      RM3825m  RM3169m       RM3600m   RM4051m   RM4521m   
NPAT  RM3175m  RM2630m      RM2988m   RM3362m   RM3752m  
NPAT   S$907m     S$751m         S$854m      S$961m   S$1,072m

It is more or less inline with my own projection, though I feel its earnings projection for FY2025 is slightly on the low side while the projected earnings for FY2026 and FY2027 are slightly on the high side.

Nomura analysts obviously have better understanding and more experience in analysing electricity generation companies operating in a merchant electricity market like Singapore, Japan, Australia or Philippines.

In the report, the Nomura analysts give an overview of the Singapore electricity market, which demonstrates their good understanding of the market. They state that about 70% of PowerSeraya earnings are locked in through retails contracts, 20% of contracts are sold via vesting contracts and the remaining 10% electricity is sold in the wholesale market. This is more or less inline with historical balance, though the earnings contribution from the wholesale market was traditionally much lower at less than 5% before 2023. Year 2023 was an exception when we saw very tight electricity supply that pushed the wholesale prices to sky high, and gencos benefitted a lot from selling more electricity into the wholesale pool market.

Posted by dragon328 > 2024-05-05 15:29 | Report Abuse

In Nomura's target price of RM5.70 and earnings projections for PowerSeraya, they have not taken into account of and given any value to the following assets yet:

1) PowerSeraya's 600MW hydrogen-ready CCGT to be commissioned by 2nd 2027
2) digital bank JV
3) 500MW solar farm in Kulai
4) potential RE export to Singapore
5) stakes in Ranhill
6) KL WTE plant
7) UK Brabazon property project

And I feel it has grossly under-estimated the potential earnings contribution from AI data centres to YTL Power, with total PBT of only RM558 million by FY2028 with total data centre capacity of 347MW built. It has assumed an EBITDA margin of just 20% for the first phase data centre with SEA Ltd, gradually rising to 45% by 2028 as more AI data centres start to contribute. Based on my own estimation, the EBITDA margin for AI data centres of YTL Power could be as high as 84%, a tag lower than CLSA's estimated 86% EBITDA margin.

Posted by Raymond Tiruchelvam > 2024-05-05 15:36 | Report Abuse

thx for info dragon328, and my 2 question are (1) At what MYR SGD exch rate was this data translated at ? If they use 3.50 for the whole period then its super mis-leading, as I believe once teh Fed lower rates the exch will taper down to perhaps 3.0 and (2) Is the lower income in 2025 related to the absence of the hedging mechanism for the cost of coal - which they are enjoying in 2024? .... These are all downside risks that everyone she be aware of

Posted by klee > 2024-05-05 15:43 | Report Abuse

Tq dragon

Posted by klee > 2024-05-05 15:43 | Report Abuse

In conclusion every new target will be higher than the last.

Posted by dragon328 > 2024-05-05 16:54 | Report Abuse

@Raymond, I think Nomura analysts use a flat FX of RM3.50 to SGD1.00 throughout the period. It is hard to predict how the exchange rate will be in the future, as we can see most economists have got it wrong in the past 1-2 years, they had predicted for ringgit to appreciate against the USD but it weakened further. Now they forecase ringgit to strengthen to USD4.50 in next few months, but I think they will likely be wrong again, as recent data suggests that US Fed is going to hold rates higher for longer. Consensus now forecast first rate cut in September and only 1 cut in 2024, as opposed to projections for 1st cut in June and total 3 cuts in 2024 just one month ago. Things can change fast. Nobody can get it right, so I am comfortable with Nomura analysts assuming a flat RM3.50 to Sing dollar throughout. Some more hawkish are predicting Sing dollars to strengthen over time to RM4.00 or beyond by 2030, who knows? Sing dollars have appreciated from RM2.00 in 2000s to now RM3.50 in just 20 years. You wouldn't want to bet against it.

Nomura analysts forecast a dip in earnings of PowerSeraya in FY2025 as they assume :

"But FY25F could see a modest decline, which we expect core earnings to decline
by 13% y-y to MYR2.57bn, as we expect Power Seraya PBT (of MYR3.17bn) to come off
from a high base (-17% y-y) as retail contracts with high tariffs starts to expire, considering
the downtrend in USEP (Average Uniform Singapore Energy Price) prices from 2022 peak
levels (see Fig. 23 ), which is a closer representation to actual electricity price reflecting
the changes in spot coal/gas prices."

I feel that Nomura's projection for FY2025 is on the conservative side, as the impact of lower USEP on PowerSeraya earnings is being exaggerated. The expiry of high margin retails contracts is true to certain extent, as retails contract is still being renewed at decent margin of over SGD80/MWh, slightly lower than SGD90-100/MWh achieved in 2023.

Furthermore, we are seeing a gradual rise in USEP from early March 2024 due to stronger electricity demands and heat waves. I foresee higher retails margin and higher USEP in coming months as demand continues to rise due to heat wave, new data centres and EV charging as no generation capacity will come in before 2026.

Posted by Raymond Tiruchelvam > 2024-05-05 17:44 | Report Abuse

@dragon328 .... duly noted on the 3.5 exch rate assumption. I am more interested in the near term 2024 and 2025 projections. As mart of my work, im monitoring the Fed movements and you are absolutely right. MYR is weak now, as our base rate is 3.0% while the Fed is 5.25% which explains the outflow of funds from Bursa. In fact, we are suppsoed to see at least 3 rate cuts in 2024, but March inflation shot up from Feb, and therefore now we are only forecasting a single rate cut sometime Q3 or Q4 of 0.25%. If this is true, then the 3.5 will hold if not get worse perhaps up to 4.0 like some have predicted. I foresee, YTLP holding its ground up to Q3 or so this year and thereon will be downturn. Everything that goes up ... surely has to come down. But if rate cuts come early, we can see MYR SGD to go down to 3.3 and perhaps even 3.0.... kapish... peace

Posted by Raymond Tiruchelvam > 2024-05-05 17:50 | Report Abuse

@dragon328 .... thanks for the other writeups on USEP and demand for powerseraya, these i guess are part parcel of ups and downs of business which even Tenaga is exposed to..... but I like the upside that YTLP has with regards to hydrogen ready CCGT, data centre, and RE export to Sing.... hope this will add flavor to price, as share price is always forward looking..... and I still recall ur comment on Tenaga..... im my calculation based on Tenaga PE ratio.... it will be making like 60B in profits hahahaha.... peace

Posted by Agjl > 2024-05-05 17:51 | Report Abuse

Namura latest target price of RM5.70 is much higher tham HLB RM5.15. The higher target price could be the anticipatition of a better than expected results to be announced in the next 2 weeks or so. And with the possibility of dividends to be announced… eventually we will see more brokers will start to revise theor previous target price higher…also i m of the opinion the Federal Reserve will hold rates firmer for longer time thus putting pressure on the ringgit… lets us hope for the best! Cheers!

Posted by klee > 2024-05-05 18:34 | Report Abuse

Foreign Ib baru start coverage.Wait for the heavyweight JP Morgan write up.

Posted by klee > 2024-05-05 18:37 | Report Abuse

When foreign brokerages started to upgrade chinese stocks recently,china/hk mkts flew non stop,even whilst dow was plummeting.This is the power of foreign coverage.

Posted by Ravi Kumar > 2024-05-06 08:10 | Report Abuse

https://www.channelnewsasia.com/asia/malaysia-johor-data-centres-nvidia-ytl-kulai-sedenak-sez-us-china-trade-war-4310496?cid=internal_sharetool_iphone_06052024_cna Coming coming

Posted by cgtan2020 > 2024-05-06 08:36 | Report Abuse

https://www.ema.gov.sg/content/dam/corporate/resources/statistics/files/pdf/Average-Monthly-USEP.pdf.coredownload.pdf

USEP is going higher, expect 3rd Q result not much impacted.