Posted by smartly > 2013-10-31 11:43 | Report Abuse

bargain at 1.88. second half would be interesting.

Posted by hng33 > 2013-10-31 11:48 | Report Abuse

Although YTLP exiting power plant in Pasir Gudang is gas fire plant, but a lot of operation and maintenance can be share to build these new coal fire plant. Furthermore, YTLP also gain experience from its 20% coal fire plant in PT Jawa power.

If YTLP secure these coal fire power plant, even may only can fetch net margin 6% compared to its exiting 12% margin, but it able to compensate its expire gas fire plant as its coal fire have large capacity of 2000MW coal fire compared to gas fire 1200MW

Posted by smartly > 2013-10-31 11:53 | Report Abuse

gas vs coal vs dam

which one has cheaper cost?

Posted by leek > 2013-10-31 12:08 | Report Abuse

Coal is cheapest... next is I hope YTLP can sell electricity from JB to Singapore.... hehe... make SGD beter... That's why YTLP wants to build plants in Johor... best location for JB Iskandar and Singapore manufacturing demand...

Posted by leek > 2013-10-31 12:15 | Report Abuse

The son refuse to sell cheap anymore... lol

Posted by hng33 > 2013-10-31 12:26 | Report Abuse

1.89 should be able to engulf all by sbb soon.

Posted by hng33 > 2013-10-31 12:30 | Report Abuse

Still need to wait in the afternoon session.

Posted by hng33 > 2013-10-31 12:38 | Report Abuse

YTLP has submitted the lowest bid at 25 sen/kWh for the Energy Commission’s tender of Project 3B involving a 2,000MW greenfield coal-fired power plant. YTLP, which submitted the bid with Ranhill Power, has proposed Tanjung Tohor in Johor as the site for the new plant which is expected to cost RM12bil and scheduled to be commissioned in stages in October 2018 and April 2019 (take so long 5 year !? to build and operate!? YTLP first Paka gas fire plant only need to take 9 month to operate only)

The second closest bid was 1MDB’s proposal at a brownfield site at Jimah, Negeri Sembilan, which apparently does not appear to be in compliance with the terms for a greenfield site

Malakoff, which proposed Pulau Carey in Selangor, submitted a bid at 26 sen/kWh. Surprisingly, Tenaga’s bid at Tanjung Hantu, Segari in Perak turned out to be the most expensive at 28 sen/kWh.

Posted by hng33 > 2013-10-31 12:53 | Report Abuse

After these 3B tender close on 23 Oct, and expect to announce result by end of these yeat, the Energy Commission is expected to call for another competitive bidding for two gas-fired power plants with a total capacity of 2,000MW under Track 4A and Track 4B by the end of the year

Posted by miketyu > 2013-10-31 13:31 | Report Abuse

when would they announce the result?

Posted by AsiaWarrenBuffett > 2013-10-31 13:49 | Report Abuse

So is it viable to buy at current price or go for warrant better?

Posted by hng33 > 2013-10-31 14:36 | Report Abuse

Big buyer accumulate wb at 68sen

Posted by hng33 > 2013-10-31 14:37 | Report Abuse

Hope WB can soon back to trade at premium

Posted by hng33 > 2013-10-31 14:39 | Report Abuse

Another 13.7 new share from warrant conversion to be list on next Monday.

Posted by Leesk > 2013-10-31 14:42 | Report Abuse

Athough the lowest may not guaranteed to win the bid. Other factors may take into consideration.

Posted by hng33 > 2013-10-31 14:50 | Report Abuse

1BestariNet can award to YTLP due to lowest bid and the fact that YTLP is just commence its YesWimax a year ago compared to well established telco player Celcom, Maxis, Telekom, Time etc

Posted by hng33 > 2013-10-31 15:04 | Report Abuse

All in all,recent YTLP is full of good news incoming:

1. Possible 2000 MW Coal fire power 3B project
2. Possible acquire Ranhill power in Sabah and water assets in Johor
3. Completion Mega project 1 BestariNet ahead of scheduled on last Sept.
4. Share buyback and cancellation 3.5% treasury share, increased EPS
5. Continue share buyback, accumulate so far 5.11%, reduce outstanding share, possible paved way for privatization

Posted by faberlicious > 2013-10-31 15:20 | Report Abuse

wow,wb 68 sens sapu all.

Posted by faberlicious > 2013-10-31 15:24 | Report Abuse

No point converting now. Slight premium.

Posted by hng33 > 2013-10-31 15:43 | Report Abuse

It normal for warrant to trade at premium, especially wb still have 4.5 year lifespan and leverage of 3x. If without arbitrary gap, i don't warrant holder going to convert by scarifying warrant time value and leverage edge.

Posted by bullram > 2013-10-31 15:48 | Report Abuse

usually wrts accumulation n discount turning into premium for long dated wrts are an indication of further positive developments n expectations of more upside support for the mothershare..

Posted by hng33 > 2013-10-31 15:53 | Report Abuse

Engulf all 1.89

Posted by i3raymond > 2013-10-31 15:58 | Report Abuse

For 4.5yr/3x what is the fair premium?

Posted by hng33 > 2013-10-31 16:07 | Report Abuse

nibbling 1.90

Posted by hng33 > 2013-10-31 16:09 | Report Abuse

i3raymond

Lets extract historical price for both YTLP and WB last 2 year ago

9/9/2011 YTLP: 1.91; wb: 82sen
2/8/2011 YTLP: 2.00; wb 96sen
19/7/2011 YTLP: 2.11; wb 99.5sen
8/7/2011 YTLP: 2.20; wb 1.03

Posted by hng33 > 2013-10-31 16:10 | Report Abuse

Engulf all 1.90

Posted by Leesk > 2013-10-31 16:10 | Report Abuse

with so much positive news , why the analyst still has a price call on hold and the target price is below the current price. Maybe this has restricted the price movement upwards

Posted by leek > 2013-10-31 16:13 | Report Abuse

Leesk... it's because of the possible privatization news/rumour... then people are trading along the safe line....

Posted by smartly > 2013-10-31 16:14 | Report Abuse

bullram, yup make sense.

Posted by smartly > 2013-10-31 16:16 | Report Abuse

index drop 11points but son up 1.5c.

Posted by smartly > 2013-10-31 16:18 | Report Abuse

son getting valuable now..

Posted by leek > 2013-10-31 16:19 | Report Abuse

son up 2c.... :) :)

Posted by hng33 > 2013-10-31 16:23 | Report Abuse

Perhaps, market now know the intrinsic value of WB, deserve to trade at premium rather than discount

Posted by MG9231 > 2013-10-31 16:23 | Report Abuse

all these reporting Analysts have no "balls" to take his own stand. follow crow, that's why reporting the target price below cuurent market price.

Posted by leek > 2013-10-31 16:30 | Report Abuse

hng33 All in all,recent YTLP is full of good news incoming:

1. Possible 2000 MW Coal fire power 3B project
2. Possible acquire Ranhill power in Sabah and water assets in Johor
3. Completion Mega project 1 BestariNet ahead of scheduled on last Sept.
4. Share buyback and cancellation 3.5% treasury share, increased EPS
5. Continue share buyback, accumulate so far 5.11%, reduce outstanding share, possible paved way for privatization
31/10/2013 15:04


hng33 i3raymond

Lets extract historical price for both YTLP and WB last 2 year ago

9/9/2011 YTLP: 1.91; wb: 82sen
2/8/2011 YTLP: 2.00; wb 96sen
19/7/2011 YTLP: 2.11; wb 99.5sen
8/7/2011 YTLP: 2.20; wb 1.03
31/10/2013 16:09

If the situation 1 or 2 happen...
Foresee the possibility of privatization of YTLP will reduce to 20-30% than current 80-90% (Personal view).
Then the warrant will start trading at premium price again

Posted by smartly > 2013-10-31 16:41 | Report Abuse

punters/retailers/etc will step in to close higher bid for ytlp ?

Posted by faberlicious > 2013-10-31 16:45 | Report Abuse

hng33,your prediction for YTLP n WB this week might just come true.

Posted by hng33 > 2013-10-31 16:47 | Report Abuse

Seem sbb force to engulf 1.91

Posted by hng33 > 2013-10-31 16:50 | Report Abuse

Ha, closed at 1.90, but wb catch up at 69sen, zero gap now

Posted by Yuzuki > 2013-10-31 16:52 | Report Abuse

closing account for Oct .... not bad

Posted by leek > 2013-10-31 16:55 | Report Abuse

hng33... tomorrow up 4c to meet your estimation for this week! Easy job... :) :)

Posted by hng33 > 2013-10-31 17:06 | Report Abuse

Very difficult to reach my target lol...But, wb is very close already to 70sen, should be no problem if YTLP can trade 1.91-1.92 :). so, could be wb meet target at 70sen, but YTLP need more time...have 50% success rate :)

Posted by leek > 2013-10-31 17:07 | Report Abuse

Expecting it breaks 2.00 tomorrow! :) :)

Posted by hng33 > 2013-10-31 17:10 | Report Abuse

Be realistic.....take time, but if news of any success in secure 3B or take over water and power assets from Ranhill will be catalyst :)

Posted by faberlicious > 2013-10-31 17:17 | Report Abuse

leek,u got carried away a bit. :)

Posted by leek > 2013-10-31 17:21 | Report Abuse

I'm more speculative... :) :) I believe many fund managers are shifting and focusing their eyes on this counter again on the possibility of no privatization... :) :)

Posted by smartly > 2013-10-31 17:47 | Report Abuse

today's sbb only around 5m. range from 1.88 to 1.90.
so small !? today's vol around 15m, which mean there are other parties in the play now.
good news to ytlp....

Posted by smartly > 2013-10-31 17:50 | Report Abuse

it manage to seduce more players now, reaching RM2 will be imminent.

Posted by hng33 > 2013-10-31 17:53 | Report Abuse

Ya, buyback just 5.2m share, 34% of today volume, range 1.88-1.90, increase stake 0.07%, cumulatively at 5.18% in treasury share now

Posted by hng33 > 2013-10-31 17:57 | Report Abuse

YTLP sbb is just a kick start of recovery, to get rid of weak holder, reduce overhang stock volume in market, already absorb back 3.5% cancel + 5.18% totally 8.68% from open market. It a matter of time, once financial result release, more fund manager/serious and value investor will be more appropriate YTLP value and deserve for re-rating.