RANHILL UTILITIES BERHAD

KLSE (MYR): RANHILL (5272)

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Last Price

1.34

Today's Change

-0.04 (2.90%)

Day's Change

1.34 - 1.40

Trading Volume

1,950,500


8 people like this.

4,721 comment(s). Last comment by RiskRover 14 hours ago

RiskRover

194 posts

Posted by RiskRover > 3 weeks ago | Report Abuse

Ranhill is stronger than YTL Power now 😀

thye82

134 posts

Posted by thye82 > 3 weeks ago | Report Abuse

The whole world is dropping except u.....

mf

28,496 posts

Posted by mf > 3 weeks ago | Report Abuse

Updated Fri, Aug 2 20248:34 AM EDT
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PureBULL ...

2,517 posts

Posted by PureBULL ... > 3 weeks ago | Report Abuse


RANHILL
The old 1st owner n daughter had finally resigned.
Let's usher in the happening names of SIPP + Ytlp
to the new beginning of high growth:

https://klse.i3investor.com/web/companyinfo/detail/boardMember?id=B_41015_588503524

https://klse.i3investor.com/web/corporatefigure/detail/B_41012_588503529?id=5272-64973-2635322898
https://www.tradingview.com/x/ladrXe4G/

Posted by NatsukoMishima > 2 weeks ago | Report Abuse

> 1000 stocks tumbled on black friday but ranhill went upstream at last minute after all the old management director balik kampung ! I believe the yeo family is going to show the true power in ranhill !

Eagle77

6,235 posts

Posted by Eagle77 > 2 weeks ago | Report Abuse

HANCUR ⬇️⬇️⬇️🩸🩸🩸

mrcrab

114 posts

Posted by mrcrab > 2 weeks ago | Report Abuse

IDSS Suspension

Eagle77

6,235 posts

Posted by Eagle77 > 2 weeks ago | Report Abuse

TODAY HANCUR LAGI ⬇️⬇️⬇️🩸🩸🩸☠️☠️☠️

Eagle77

6,235 posts

Posted by Eagle77 > 2 weeks ago | Report Abuse

Back to 0.90 ⬇️⬇️⬇️🩸🩸🩸

Posted by farisgemas123 > 2 weeks ago | Report Abuse

Ah,eagle here...please comment on nova please. Everybody need you there. 🤣🤣🤣

RiskRover

194 posts

Posted by RiskRover > 2 weeks ago | Report Abuse

You wanted it HANCUR, it show no HANCUR 💪

Posted by tan123456 > 2 weeks ago | Report Abuse

Dear All, any comment for Ranhill after YTLP take over ? TP ?

Posted by NatsukoMishima > 2 weeks ago | Report Abuse

TP RM 5 , Yearly np 100 million !

Posted by NatsukoMishima > 2 weeks ago | Report Abuse

Eagle77 u better go Notion , jcy , cabnet ,sns ,theta ,toyoven that kind of gambling rubbish stocks , for long term bright future stocks like ranhill , vstec wont hancur in long term !

Posted by NatsukoMishima > 2 weeks ago | Report Abuse

Eagle77 u can go glove stocks also hancur them !

RiskRover

194 posts

Posted by RiskRover > 1 week ago | Report Abuse

Yeoh Keong Yeen and Yeoh Keong Yuan as new executive directors, Faiz Ishak and Datuk Anuar Ahmed as non-independent directors, and Datuk Seri Dr Yusof Ismail as an independent director.

Keong Yeen and Keong Yuan are siblings and the grandchildren of YTL Power major shareholder Tan Kai Yong @ Tan Kay Neong.

Both Keong Yeen and Keong Yuan have a Master's degree in Civil Engineering and are the executive director in the construction division of the YTL Group.

Faiz Ishak, a graduate member of the Association of Chartered Certified Accountants (ACCA), previously served as a director of Transocean Holdings Bhd, YTL Corp Bhd, and YTL Power.

Meanwhile, Anuar Ahmed, who has over 30 years of business experience across various industries, particularly in energy and transportation, currently serves on the boards of several subsidiaries of YTL Power, as well as LBS Bina Group Bhd and Tenaga Nasional Bhd.

Yusof Ismail, a former administrative and diplomatic officer with more than 35 years of experience in the civil service, was the director general of the Malaysian Administrative Modernisation and Management Planning Unit (Mampu) from April 2020 to May 2023.

He currently sits on the boards of two Bursa-listed entities, Green Packet Bhd and AwanBiru Technology Bhd.

tpee1999

80 posts

Posted by tpee1999 > 1 week ago | Report Abuse

just bought a few units

RiskRover

194 posts

Posted by RiskRover > 1 week ago | Report Abuse

Bull run for Ranhill now

Posted by Sunshine88 > 1 week ago | Report Abuse

The quarterly result always bad . It always let us down .👎

Posted by Sunshine88 > 1 week ago | Report Abuse

👎👎👎👎

5354_

4,747 posts

Posted by 5354_ > 1 week ago | Report Abuse

QR bad even YTL P takeover? Why pay RM 1.49?

Willtolive

387 posts

Posted by Willtolive > 1 week ago | Report Abuse

Bad QR

Posted by NatsukoMishima > 1 week ago | Report Abuse

Smart investor pay rm 1.50 for future 10 fold gains lah bro , why u so hurry want see billion np ?

Posted by HuatRex1314 > 1 week ago | Report Abuse

Read the QR again before you said it is bad

slts

2,206 posts

Posted by slts > 1 week ago | Report Abuse

over price stock

mrcrab

114 posts

Posted by mrcrab > 1 week ago | Report Abuse

Improving EBITDA. Lower profit mainly due to high amortization cost.

speakup

26,437 posts

Posted by speakup > 1 week ago | Report Abuse

buying opportunity?
sai lang?

StarOfTheBull

7,737 posts

Posted by StarOfTheBull > 1 week ago | Report Abuse

Long and winding road.

limch

3,056 posts

Posted by limch > 1 week ago | Report Abuse

RM 1 can.

speakup

buying opportunity?
sai lang?

1 hour ago

limch

3,056 posts

Posted by limch > 1 week ago | Report Abuse

Ranhill Utilities - Still Lacking Firepower; Keep SELL
Date:
2024-08-15
Firm:
RHB-OSK
Stock:
RANHILL
Price Target:
1.10
Price Call:
SELL
Last Price:
1.46
Upside/Downside:
-0.36 (24.66%)
Maintain SELL, with new MYR1.10 TP (from MYR1.15), 26% downside, c.1% FY24F yield. Ranhill Utilities recorded a 1H24 core profit of MYR16.9m (-27% YoY) – missing expectations – making up 36% and 32% of ours and Street’s estimates. The negative deviation was mainly due to the weaker- than-expected performance of the engineering services and power divisions. With hefty valuations in the absence of any sizeable near-term catalyst, we maintain our call on RAHH, which is trading at FY25F P/E of 40.6x, >2SD above its five-year mean P/E. Dividend yields are unattractive at just c.1%.
For 1H24, the PAT for the water segment dropped slightly by 2% YoY as the higher revenue from the tariff hike for domestic consumers (effective February) was offset by higher amortisation on service concession assets of RanhillSAJ. The engineering services segment saw a larger YoY drop in PAT of 22% in 1H24 due to a reversal of profit for a detail design engineering project awarded by a Brazilian oil and gas producer. Likewise, the power segment recorded a 12% YoY drop in PAT in 1H24 due to derecognition of capacity payment by Ranhill Sabah Energy II plant (related to a failure despatch incident) plus higher maintenance costs.
While we view YTL Power International (YTLP MK, BUY, TP: MYR6.68) could enhance RAHH’s operational efficiency in the long run by leveraging on its existing experience in the power and water services sector, the only near- term catalyst we see is the plan to supply water to Penang from Perak through the proposed Kerian Integrated Green Industrial Park. RAHH may benefit from such plans via its subsidiary Ranhill Water Services, which has clinched water projects beyond Johor – namely the MYR61.5m job to replace old pipes in Kelantan covering a total length of 103km secured in Mar 2022. Other jobs include laying c.52km of new mild steel distribution pipelines throughout the Royal Malaysian Navy base in Lumut under a contract worth MYR38.5m.
Other developments. The RAHH-led consortium for Indonesian Djuanda source-to-tap water project (estimated treatment capacity of 605m litres per day and capex of USD600m) has resubmitted the feasibility study (resulting in further delays to obtain initiator status). Once accepted, then an initiator status would be granted to the RAHH-led consortium, enabling it to bid for the said project via a public tender with a right to match advantage.
As results missed expectations, we slash FY24-26 earnings estimates by 12%, 10%, and 7% post earnings adjustments for the power and engineering services division, which was weaker than expected. Therefore, we arrive at a new SOP-derived TP of MYR1.10 (from MYR1.15) which bakes in a 4% ESG premium based on an ESG score of 3.2.
Risks to our call: Higher-than-expected water consumption and faster-than- expected job replenishment for its engineering services arm.
Source: RHB Research - 15 Aug 2024

Willtolive

387 posts

Posted by Willtolive > 1 week ago | Report Abuse

Sold 148 yesterday

Waiting for 100 to buyback

Posted by Hong Wei Phoon > 1 week ago | Report Abuse

Please read SPsetia report, QR is good bcoz of one-off.

Eagle77

6,235 posts

Posted by Eagle77 > 1 week ago | Report Abuse

HANCUR ⬇️⬇️⬇️🩸🩸🩸

Eagle77

6,235 posts

Posted by Eagle77 > 1 week ago | Report Abuse

0.90 coming ⬇️⬇️⬇️🩸🩸🩸☠️

Vicky

1,515 posts

Posted by Vicky > 1 week ago | Report Abuse

Profit gone. V poor results. Need to sell off tomorrow.

speakup

26,437 posts

Posted by speakup > 1 week ago | Report Abuse

mana jipun? dah lari?

curiousq

969 posts

Posted by curiousq > 1 week ago | Report Abuse

trapped

Posted by NatsukoMishima > 1 week ago | Report Abuse

Weak holder without patience forever cant make huge gain in stock market !

RiskRover

194 posts

Posted by RiskRover > 1 week ago | Report Abuse

Ranhill Utilities Bhd may see better quarters ahead, supported by its water and renewable energy (RE) businesses

https://www.thestar.com.my/business/business-news/2024/08/16/water-re-assets-to-bolster-ranhill-utilities

2Invest

102 posts

Posted by 2Invest > 1 week ago | Report Abuse

Be realistic guys.

How many of you here can tahan if YTLPower pinjam shares from all IBs & short it to 90sen & below?

The company can easily do that by paying IBs may be 10% of interest. & repeat that for a few rounds then everyone here will be "Washed" away.

slts

2,206 posts

Posted by slts > 1 week ago | Report Abuse

Ti's one fair value around 1.10 only. Stop dreaming lah

Posted by NatsukoMishima > 1 week ago | Report Abuse

All DC start then u will see how robust is their np !

limch

3,056 posts

Posted by limch > 1 week ago | Report Abuse

NTA only 61 sen, no wonder long time boss Hamdan 99 sen selling.

limch

3,056 posts

Posted by limch > 1 week ago | Report Abuse

Dividend declared 0.25 sen a lot? I better place FD.

Posted by 股你悟到 > 1 week ago | Report Abuse

For water supply utilised mainly for cooling systems of DCs – data from RanhillSAJ shows that
it has received applications for 439.67m litres per day (MLD) of water between 2024 and
2035 from data centres. Of this amount, 316.38MLD have been supported, while the
remaining 30.51MLD have yet to be supported by the water operator.
The Johor State Government will look for additional water resources for future industrial use
with Johor Special Water, a subsidiary of state company Permodalan Darul Ta’zim, although
the current water supply in the state is sufficient at the moment. These include building new
water treatment plants and installing new piping to connect water sources to new areas, as
well as exploring new water sources through Johor Special Water.

source : Invest Johor 2024 by RHB 2024 Aug report

slts

2,206 posts

Posted by slts > 1 week ago | Report Abuse

Rhb also set target 1.10

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