Impacted by negative fuel margin 565.7 M due to reduction of fuel prices and timing of ICPT/IBR payment. ICPT/IBR mechanism goes beyond quarterly reporting timeline. But one thing is for sure, if the share does not go up it will go down. :) Lets wait how the market react.
No matter what, still a disappointed results. All banks cut target price. See next dividend quarter could compensate back the dividend or not. Otherwise, the dividend yield is only about the same with FD%.
Coal fuel hedging for Malakoff and TNB amounting to the same fuel margin loss of ~565-570 Million but you don't see this amount in YTL-P . Huge mistake of 1 billion ringgit due to someone's risk appetite. Where is the accountability?.
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....