YTL CORPORATION BHD
KLSE (MYR): YTL (4677)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
3.08
Today's Change
-0.05 (1.60%)
Day's Change
2.95 - 3.14
Trading Volume
15,216,900
Analysis
Price Target
A price target is an analyst's projection of a share's future price.
Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.
Last Price
3.08
Avg Target Price
2.02
Upside/Downside
-1.06 (34.42%)Price Call
0
SELL
0
HOLD
5
BUY
| Date | Open Price | Target Price | Upside/Downside | Price Call | Firm | View | Action |
|---|
Discussions
27 people like this. Showing 50 of 15,675 comments
YTL Corp's full-year net profit soars 86pct to nearly RM4bil
https://www.nst.com.my/business/corporate/2024/08/1094737/ytl-corps-full-year-net-profit-soars-86pct-nearly-rm4bil
3 days ago
YTL Corp ends FY2024 on positive footing, pays 4.5 sen dividend
theedgemalaysia.com
21 Aug 2024, 06:52 pm
KUALA LUMPUR (Aug 21): Integrated infrastructure developer YTL Corp Bhd's (KL:YTL) net profit for its fourth financial quarter ended June 30, 2024 (4QFY2024) slipped 2.5% to RM534.48 million from RM548.03 million a year earlier on lower revenue.
This resulted in a lower earnings per share of 4.86 sen for 4QFY2024 compared with 5.0 sen in 4QFY2023.
Revenue for the quarter also fell 10.2% to RM8.27 billion from RM9.21 billion in 4QFY2023.
In a filing with Bursa Malaysia on Wednesday, YTL Corp said its construction segment recorded lower revenue in 4QFY2024 due to decrease in work done in respect of construction projects secured from external parties.
The group also saw a decrease in revenue from its cement and building materials segment due to lower sales recorded by its domestic quarry and overseas cement divisions. Additionally, revenue from its property investment and development division was lower primarily due to the absence of a one-off project revenue in 4QFY2024.
Nevertheless, the group declared an interim dividend of 4.5 sen per share for the financial year ended June 30, 2024 (FY2024), payable November 29.
The group ended FY2024 on a positive footing, posting a 95.5% increase in net profit to RM2.14 billion from RM1.1 billion in the previous year, while revenue for FY2024 rose 3.1% to RM30.53 billion from RM29.62 billion in FY2023.
Going forward, YTL Corp said management is proactively taking action to ensure construction work-in-progress is on track and to replenish its order book.
"Cement demand is expected to continue to be driven by civil and non-residential sectors including infrastructure, logistics facilities, data centres and factories. Malaysia’s long-term need for housing and infrastructure due to its young population and high urbanisation rate will also help sustain cement demand.
"While wider economic volatility may persist in light of inflationary pressures and geopolitical uncertainties, the group will continue with its pursuit of efficiencies in operations, logistics and distribution," said YTL Corp.
As for its property investment and development segment, YTL Corp is optimistic of achieving an overall satisfactory performance for FY2025.
"The group expects the performance of its business segments to remain resilient as its major business segments are substantially engaged in essential services, and will continue to closely monitor the related risks and impact on all business segments," it added.
3 days ago
Seems like HSR and MLFF is just a bonus for YTL. With their current performance they are able to stand for a long time
3 days ago
With all the constructions, Yes Com, NSL Ltd, Power Station and data centre started engine. IMAGINE next year profit
3 days ago
Harap ada dividend akhir bg YTL 5 sen dan YTLPOWR 4.5 sen mengikut janjang aritmetik iaitu tambah 0.5 sen.
3 days ago
ttps://www.business-standard.com/amp/world-news/mpox-reaches-thailand-deadly-clade-1b-variant-found-in-6-nations-updates-124082100410_1.html
Now in Thailand 🇹🇭🦠🦠🦠☠️☠️☠️🩸🩸🩸
2 days ago
Currently their profit already exceeded TNB but share price remain low. Maybe is their dividend payout
2 days ago
https://klse.i3investor.com/web/blog/detail/dragon328/2024-08-22-story-h-153386818-YTL_A_Fantastic_Year_with_Pleasant_Surprises_in_Q4_FY2024
For your leisure read over lunch
2 days ago
dragon328, Excellent analysis. I'm optimistic about the stock reaching RM5 or higher in the long term. The technical indicators suggest that it's nearing a favorable buying opportunity.
2 days ago
at current price, YTL is trading at 16x PER compared to 10x of YTLP.... that will help explain the higher demand for latter (YTLP was at 8.8x PER yesterday :-)
2 days ago
Wondering why the market doesn't give YTL same valuation as SunCon or Gamuda? Any particular reason? Can someone enlighten pls
2 days ago
will continue to hold since april 2023, that time ppl around me discourage me to buy this counter.
1 day ago
So far there has been no announcement of any new substantial shareholder selling.
So I assume the culprit must still be UBS.
After their last announcement on Jun 5th, when they sold from a high of 6.5% to below 5%, UBS still held about 500m shares.
These foreign funds can very ruthless when their objectives have been met and when they want to monetarize their profits. Initially they sell slowly and as quiet as possible, but often towards the end of their selling, they like to really trash down the price like crazy. Who knows they may even go for a second bite after their accounts squared off.
There may be further drop before they finish selling.
My take is that until it stabilize, don’t try to catch a falling knife. Just let it drop until they exhaust!
1 day ago
Yes shorties play a part in messing up the market, but I think their volume is still quite small, compared to the real transactions.
These investment banks make money when they advise foreign clients to buy, They also make money when they get the order to sell.
Market up or down, whatever still they make money.
What better way then the churn their client's portfolio?
Good that YTL decided to publish their results early.
We should now play by fundamentals, especially if you hold yours stocks from the lows of 2023
1 day ago
Post a Comment
Featured Posts
Latest Videos
.png)
Apps
Top Articles
1
Mercury Securities Research
2
save malaysia!
3
4
The Alpha Trader
7
8
THE INVESTMENT APPROACH OF CALVIN TAN
JCY (5161) Posted a 2nd Qtr of Good Profits: Showing a Clear Sign of A Turnaround, Calvin Tan
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
cwc1981
Just that dividend payout is stingy
3 days ago