Posted by smartly > 2013-10-24 09:46 | Report Abuse

as of now, there is no advantage buying wb but there is still demand there at 0.66 in which i expect wb to go down in tandem. obviously gap in zero now but demand is high.

Posted by hng33 > 2013-10-24 09:53 | Report Abuse

No need for sbb to rush, just need to wait for seller to sell at low price.

Posted by smartly > 2013-10-24 10:05 | Report Abuse

wow, these ppl buying at premium also don't care. demand is really strong..

Posted by hng33 > 2013-10-24 10:05 | Report Abuse

Good for WB, finally trade at premium.

Posted by smartly > 2013-10-24 10:06 | Report Abuse

maybe they foresee mum going to surge high. :)

Posted by hng33 > 2013-10-24 10:09 | Report Abuse

Ha! i think they must foresee only mum will surge high, but son will keep laggard?, then can rush to convert, sellback in 10days time

Posted by smartly > 2013-10-24 10:13 | Report Abuse

son units getting less, may end up no supply, so they rush to buy in first, then expect for 'limit up'. :):):)

Posted by hng33 > 2013-10-24 10:17 | Report Abuse

With mum at 1.87, those warrant q at 67, 67.5 and 68sen should be give up their stake, let supply share to buyer at 66.5 :D)

Posted by hng33 > 2013-10-24 10:20 | Report Abuse

Ok, good, now more seller at 66.5sen

Posted by smartly > 2013-10-24 10:33 | Report Abuse

obviously the sbb is fishing more sellers..

Posted by smartly > 2013-10-24 11:09 | Report Abuse

those wb holders appear to understand the game of sbb, refuse to sell big at 0.66, just some potatos selling. q to buy at 0.66 should be ok.

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

I think its better to buy mum share now at 1.87 to capitalize on sbb later

Posted by leek > 2013-10-24 11:30 | Report Abuse

Why not wb?

Posted by hng33 > 2013-10-24 11:40 | Report Abuse

of course can buy wb, but can afford to q at lower price if possible.

Posted by smartly > 2013-10-24 11:45 | Report Abuse

just by waiting, sbb already collected 3m.

Posted by hng33 > 2013-10-24 12:31 | Report Abuse

By show weakness, seller become panic and willing to sell at lower price, then slowly accumulating.

Posted by leek > 2013-10-24 14:50 | Report Abuse

Any panic selling sign?

Posted by smartly > 2013-10-24 15:00 | Report Abuse

q at 0.655

Posted by smartly > 2013-10-24 15:13 | Report Abuse

65 now...

Posted by hng33 > 2013-10-24 15:18 | Report Abuse

Sbb begin to absorb volume....

Posted by smartly > 2013-10-24 15:55 | Report Abuse

no kick today, just a waiting game. no fun. :(

Posted by hng33 > 2013-10-24 16:38 | Report Abuse

Bargain hunting now....

Posted by smartly > 2013-10-24 16:42 | Report Abuse

actively battling now.

Posted by smartly > 2013-10-24 16:47 | Report Abuse

settling at 1.87.

Posted by smartly > 2013-10-24 16:51 | Report Abuse

someone subotage ! force sbb to q 1.88

Posted by hng33 > 2013-10-24 17:03 | Report Abuse

Closed 2 sen lower, back to RM 1.88, WB at 64.5sen. With up and down back, YTLP sbb stand to accumulate more volume, again slowly and steady but retaining uptrend :)

Posted by hng33 > 2013-10-24 17:50 | Report Abuse

Buyback 7m share, about 64% of today total volume, range 1.86-1.90, increase stake by another 0.09%, cumulatively at 4.72% in treasury stock now.

Posted by leek > 2013-10-24 19:13 | Report Abuse

Like playing yoyo....

Posted by leek > 2013-10-24 20:36 | Report Abuse

Tomorrow should be able to close above 1.90. :)

Posted by hng33 > 2013-10-24 22:03 | Report Abuse

Kuala Lumpur, October 17, 2013

Tan Sri (Dr) Francis Yeoh was interviewed by Lorraine Hahn at the Global Entrepreneurship Summit 2013 in a session called ‘One-on-one Grill Session’, together with Edward Jung.

Update YesWimax/chrombook/1besterinet information

http://www.youtube.com/watch?v=zDI81sVnM-Y

Posted by akito > 2013-10-25 04:02 | Report Abuse

am still keep this for further price upswing, just be patient but must admit this is a yoyo counter, lol

Posted by leek > 2013-10-25 08:12 | Report Abuse

DJ closed beautifully last night, should see some speculator FMs/FFMs stepping into the market soon... I miss the time while YTL group of shares hike 40%+/- within a few days... that was almost 3 years ago... n Ytlp hitted 2.60. :) :)

Posted by hng33 > 2013-10-25 08:31 | Report Abuse

leek

Yes Wimax loss is the main culprit causing YTLP share price slumping down from 2 year ago price RM 2.20-2.40 to current level. With completion of 1BestariNet, Yes Wimax should be able to turnaround very soon. Share price should recover back

Posted by hng33 > 2013-10-25 08:37 | Report Abuse

akito

YTLP sbb is flexible and keep strategy to buy as much volume but at lowest possible cost. If seller keen and rush to selloff especially newly converted share, sbb will just need to wait and absorb at lower price level. Therefore, YTLP share price largely depend on supply and demand ratio, if seller ease off, only sbb need to bid higher and engulf share at higher price. Its very dynamics, TA only can used as reference as it may not applicable in YTLP case.

Posted by hng33 > 2013-10-25 08:40 | Report Abuse

akito

Previous YTL share surge is largely due to share split + aggressive share buyback after it privatize YTL cement due to earning accretion + share dividend + offer for sale YTLP-WB at just 20sen.

Posted by leek > 2013-10-25 09:03 | Report Abuse

hng33

Ya. Hopefully they don't privatize YTLP. YTLP has more potential than YTL... lolz

Posted by i3raymond > 2013-10-25 09:21 | Report Abuse

Hng: Yesterday was bad day for YTL-wb. So you agreed with my101home about sbb switched to YTL coupled with big price slide for YTLP as the worst case scenario /eventuality?

Posted by hng33 > 2013-10-25 09:27 | Report Abuse

In turn of valuation, YTLP trade at NTA: 1.41, EPS =14.78sen and trading at PE 12x based on last financial year ending Jun 2013.

With expectation turnaround of

Yes Wimax +
share buyback and cancellation share, increasing EPS +
Stronger currency of Pound/Sing dollar/Aussie dollar and US dollar where YTLP oversea business earning derive from Wessex Water/Power Seraya/ElectoNet/PT Jawa Power respectively.

I'm estimate FY 2014 for YTLP are EPS: 20sen; NTA: 1.61 and peg similar PE 12x, YTLP should trade at RM 2.40

Posted by hng33 > 2013-10-25 09:30 | Report Abuse

i3raymond

It just one of the possible scenario, so just take caution and avoid if happen. In the stock market, we can take calculated risk and adjust portfolio according to risk and reward.

Posted by hng33 > 2013-10-25 09:32 | Report Abuse

i3raymond

'Yesterday was bad day for YTL-wb'

I don't think so. Its normal trading pattern if mum share down, its warrant likely to follow. It will be unusual if mun share down, but son keep up.

Posted by hng33 > 2013-10-25 09:37 | Report Abuse

i3raymond

We must understand whenever there is newly converted share listed, its always create some selling pressure. This is because the only reason prompt warrant holder to convert now is to exploit arbitrary gap and realize these profit by selling fast.

Otherwise, its is unusual for warrant with still more than 4.5 year tenure of lifespan and leverage of 3x to convert to mum share now.

Posted by i3raymond > 2013-10-25 09:39 | Report Abuse

Thanks Hng for your ever positive views of YTLP. Mind to tell me/us your "sailang" position still intact?

Posted by cgtan2020 > 2013-10-25 09:49 | Report Abuse

WOW "sailang" so brave!!!

Posted by hng33 > 2013-10-25 09:52 | Report Abuse

Of course still keep tight all stake in WB. Please watch FY talk at Global Entrepreneurship Summit 2013 and gain Update YesWimax/chrombook/1besterinet information. October 17, 2013

http://www.youtube.com/watch?v=zDI81sVnM-Y

Posted by smartly > 2013-10-25 09:53 | Report Abuse

another waiting game for sbb.

Posted by smartly > 2013-10-25 10:00 | Report Abuse

all waiting for budget 2014.

Posted by smartly > 2013-10-25 10:01 | Report Abuse

2nd half should be more active.

Posted by smartly > 2013-10-25 10:13 | Report Abuse

sbb waiting for big sellers, at the moment still ikan billis.

Posted by hng33 > 2013-10-25 10:16 | Report Abuse

I've no problem in waiting, even need to wait for 3 month for YTLP. Its consider very luck already to be able to skip pass last 2 year tough/downtrend/loss marking Yes Wimax/reducing dividend/ downgrade by analyst period. Now is almost due time for shareholder to bearing fruit an share in the midst of recovery initialize by company own sbb.

Posted by smartly > 2013-10-25 10:21 | Report Abuse

1q result coming out next month....
there will be re-rating after.