YTL POWER INTERNATIONAL BHD
KLSE (MYR): YTLPOWR (6742)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
5.12
Today's Change
+0.07 (1.39%)
Day's Change
5.05 - 5.13
Trading Volume
2,875,500
News and Blogs
Discussions
40 people like this. Showing 50 of 27,962 comments
Furthermore, with cooling inflation in the UK and with the 13% water tariff hike since 1st April 2024 secured by Wessex Waters, there is a strong likelihood that Wessex will turn around in the coming Q4 FY2024. I expect net profit contribution to be around RM50-100 million from Wessex to YTL Power in Q4.
And there will be maiden earnings contribution from the first phase of 8MW data centre for SEA Ltd in this Q4 FY2024, though I do not expect it to be much, a RM5-10m net profit contribution would be good enough.
2 days ago
Dear dragon328,
I like to hear your comments or analysis on Ranhill.
I believe all data centers need a lot of water to cool down.
The selling price of water to data centers is at 3.55 per M3.
Will Ranhill make a lot of money from this water sale ?
Thank you.
2 days ago
@Mr. OTB, I have not really studied Ranhill in details, as the MTO is still going on, I will not post any analysis on Ranhill so as not to affect the MTO process in any way.
Looking from the surface, I think there is much synergy to be derived from Ranhill after the take over by YTL Power as the latter has much expertise in managing water assets after controlling Wessex Waters for over 20 years. Wessex Waters became the No. 1 most efficient water companies in the UK as rated by Ofwat in the few years after the take over by YTL Power in 2002. A 5% cost saving from the synergy after YTLP take over would result in Ranhill's profits to double up.
2 days ago
@Apple888, the telco 5G business of YTL Power is no doubt disappointing so far, as much as I wished for Yes to break even as early as in Q3 FY2024, it disappointed us with a bigger loss.
For the upcoming Q4 FY2024, I would expect smaller loss compared to Q3 as they would have signed up more 5G subscribers from expansion into smaller cities like Ipoh and Alor Setar. But I hope I am wrong and Yes would turn around in this Q4.
1 day ago
Dragon328..yea 5g business should hav less loss coming qr.
Would DNB share subscription hav any impact to qr financial result?
1 day ago
The telco business is expected to continue its losses until breakeven is achieved, and this will take time, im not expecting a turnaround in next qtr, similarly the digital banking business is also expected to show initial losses. AEONCR has forecasted their digital banking business toshow RM160m losses in a year of which 50% or RM80m belongs to AeonCr and therefore qtrly losses of RM20m.... and similar will also be seen in YTLP.
YTLP needs to brush up its recurring income to offset this small initial losses with the main contention being wessex power. Now that UK has so called come out of recession, and with the increased tariff (not sure is applicable next qtr) will there be a turnaround? Following article (too optimistic tho...)
https://www.thestar.com.my/business/business-news/2024/03/12/ytl-powers-wessex-water-likely-to-return-to-the-black
1 day ago
Q4 FY2023 is 1B profit, what is your estimated profit Q4 FY2024 based on current UESP? (which i think is quite weak). For jun only recorded around 150.
1 day ago
My estimate is for YTL Power to achieve net profit of RM850m to RM950m in Q4 FY2024
1 day ago
the operating profit and cash flows are strong, could expect higher dividend or will it be used to repay debts?
1 day ago
Beyond its entertainment value, Connections Unlimited nurtures cognitive skills such as critical thinking, vocabulary enhancement, and pattern recognition.
1 day ago
Analysts stay sanguine on local stock market, see KLCI breaching 1,700 level by year end
1 day ago
One trillion (RM) of investment on data centers is coming to be set up in Malaysia from 2024 to 2028.
Major investors to set up these data centers are Amazon, Apple, Goggle, Microsoft and Nvidia from the USA.
There are 280 MW of data centers in 2024, this figure will increase to 3,221 MW in 2028, an increase of 11.5 times.
Based on DC Bytes projections, CGS (broker) said the data centre capacity in Malaysia is expected to deliver a 32% to 56% compound annual growth rate (CAGR) in 2023-2028, far outstripping the 8% CAGR forecast for Singapore.
The current electricity (power) usage in 2023 is > 20.0 GW, additional new capacity of power to be added by 2030 is 10.5 GW. It means extra 50% of electricity usage by 2030 due to the increased capacity of these data centers and population growth.
The high usage of electricity will benefit YTLPower (in Singapore) and Tenaga in Malaysia.
The GDP growth of Malaysia in 2023 is around 3.7%, it is projected to grow to around 4.5% in 2024.
The total GDP of Malaysia is around 2 trillion (RM), 1 trillion investment from data centers in the next 5 years means 200 billion (RM) is added to the GDP of Malaysia each year from 2024 until 2028.
If the above statement is true, the GDP growth will be increased to 8% to 10% each year from 2025 to 2028. (I assume the investment (money) will come in a big way from 2025 onward).
Looking back into history, the last GDP growth of 8% to 10% in Malaysia happened in the early 90's.
In 1993, there was a super bull market in our lifetime due to a high GDP of Malaysia around 10%.
If I am not mistaken in 1993 bull run, FBMKLCI index almost double in 1993 bull run. FBMKLCI index started to move up north from around 500 points to around 1300 points in 1993.
Likewise, I expect a bull market to start from 2024 to 2028.
The present FBMKLCI is around 1477 in 2024, I hope the FBMKLCI index can double to 3,000 points in 2028.
I hope the second super bull run starts from 2024 onward and last until 2028.
Please read this link.
https://www.malaymail.com/news/money/2024/02/27/malaysia-in-sweet-spot-for-prolonged-bull-market/120267.
Good luck.
Thank you.
1 day ago
Quote from The Star 19-6-2024
""As of June this year, nine data centre projects with a combined capacity of 1,280 megawatts have been completed in the state, while six other projects with an estimated capacity of almost 1,490 megawatts are in the process of being completed.
"On top of that, there are 30 other projects that are in discussion and approval level,” he said in a statement here on Thursday (June 20)."
1 day ago
i believe ytlp is also looking to expand its footprints in re.
https://www.cnbc.com/2024/07/01/google-invests-in-blackrock-backed-solar-developer-in-taiwan-amid-ai-boom.html
1 day ago
Electricity System Reforms. APAC markets, including mainland China, Malaysia, and Taiwan, have implemented significant reforms to their electricity systems. These reforms provide renewable-energy developers with new ways to sell power, including directly to companies, replacing traditional offtake mechanisms such as feed-in tariffs (the price renewables developers are paid for selling power to the grid) and grid-reliant power purchase agreements (PPAs). The reforms encourage innovation and flexibility and boost market efficiencies, thereby creating a more supportive environment for renewables developers.
Regional Power Trading. The growth in cross-border regional power trading is helping to encourage the development of renewable-energy projects. Recent initiatives include the expansion of a regional power grid serving members of the Association of Southeast Asian Nations (ASEAN). In addition, under a renewables pilot project, Singapore is importing up to 100 megawatts of hydropower from Laos via Malaysia and Thailand using existing grid infrastructure. Policymakers in the East ASEAN Growth Area (EAGA) are also developing a legal framework for renewable-energy certificates that promises to boost demand among companies in the EAGA.
1 day ago
Following are the USEP movements which are the primary revenue indicator for seraya power provision :-
Average USEP in S$/MwH and Average demand in Mw.
Q2 (Oct-Dec23) - 176.78 : 6,283
Q3 (Jan-Mar24) - 159.48 : 6,290
Q4 (Apr-June24) - 227.08 : 6,606 (Note)
Note - I have only compiled the June data from 01-22 June, as thats the only available for now. The monthly for Q4 are as follows (average) -
Apr - 288.71 : 6,638
May - 240.96 : 6,642
June - 151.56 : 6,528 (01-22 June only)
Therefore, based on the above YTLP is expected to generate higher revenue in Q4 compared to Q3 and Q2, and assuming expenses stay about the same, we shd see higher profit in Q4 from power as compared to last reported qtr results. Q4 saw higher USEP and higher average consumption.
Source : https://www.linkedin.com/company/energy-market-company/posts/?feedView=all
1 day ago
right policies!
https://theedgemalaysia.com/node/717533
Fund with 24% returns bets on long-term stock rally for Malaysia
1 day ago
https://klse.i3investor.com/web/blog/detail/taresearch/2024-07-02-story-h-157916883-YTL_Power_International_Berhad_Data_Centre_Driven_Growth
TA reiterates Buy on YTL Power with a target price of RM6.25. YTL Power is one of the top Buy stocks in TA's big cap picks for 2H 2024.
I see its target price to be achieved in 2H 2024, and will need to be upgraded early next year.
23 hours ago
@Agjl, YTL Power stock may not be shariah compliant now likely due to its compliance on the debt/equity ratio. Just as some local funds complained of high debts situation at YTL Power last year, foreign funds saw it differently as YTL Power strong earnings rebounds since 2023 would be able to serve the interests well of any additional borrowings. The slightly higher debt/equity ratio is not an issue to foreign funds, and they are correct in the sense that YTL Power gearing is coming down.
You need to look from another angle, now that YTLP stock is not shariah compliant yet its share price has jumped up 7x in a year. When the stock becomes shariah compliant later, more local funds will be able to buy in and the share price will get another round of boosts.
22 hours ago
Hope the share price of YTLPower can close above 4.94 today.
4.94 is the 20-day EMA line.
Once 4.94 is crossed convincingly, Parabolic SAR, Force Index and daily MACD will start to show the buy signals subsequently.
The uptrend will start and the share price will break new high soon.
Good luck.
Thank you.
22 hours ago
Thx chartist cum tech analyst OTB ...... yup lets target for ytlp to close at 4.94 and above this session in order for post 5.0 era :-) happy hunting
20 hours ago
1 hour to go...........ARE YOU READY FOR CASINO DE BURSA????
Get ready to BET!
Bet small, win small
Bet Big, win Big!
Ini kalilahhhhhh! BET FOR BURSA!
3 hours ago
Clearly the sell down for YTL group couple weeks ago was purposely done for sharks to makan big. Those who cut loss are regretting now..
2 hours ago
We SHAMELESS LIARS ks55 and Felix888999 are very unhappy now the price of YTLP is rm 5.13.
We hope every body here will lose money.
If anyone is unhappy our mothers and wives FARAJ is free for you all to enter..
FARAJ in bahasa malaysia means ci bai or pu ki
P/S coward Coconut Felix and ks55 ..COME AND FIGHT DONT HIDE
4 minutes ago
Post a Comment
Featured Posts
New Update. Discover investment communities that resonate with your ideas
MQ Trading Signals
Time
Signal
Duration
Type
2024-07-03 09:00:00
TURTLE SYSTEM 55
Hourly
BUY
2024-07-03 08:00:00
EMA 5
Daily
BUY
Apps
Top Articles
1
How to become a resilient trader
2
TA Sector Research
3
4
5
7
AmInvest Research Reports
8
#
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....
dragon328
@sg999, we cannot conclude that PowerSeraya's earnings will plunge in this Q4 FY2024 just looking at the USEP. No doubt USEP was exceptionally high in April-June 2023 which gave good long generation profits to PowerSeraya and all gencos last year. The high USEP was caused by higher crude oil prices / LNG prices as well as more spikes in USEP before TPC was implemented.
As I said before, the bulk of the earnings of PowerSeraya is locked in retails contracts that typically last for 6 months to 2-3 years, with pool margin contributing less than 5% profit in normal times. Last Q4 FY2023 was a bit abnormal in the sense that all gencos made exceptional gains from selling extra generation into the pool when USEP spiked up to SGD1,000/MWh or above. I remember Sembcorp CEO mentioned that SEmbcorb could have made extra pool margin of about SGD60 million in a quarter had TPC not been implemented. I estimated that PowerSeraya also made about SGD60 million of extra pool margin in Q4 FY2023 which caused YTL Power to make a record quarterly net profit of over RM1.0 billion.
Now things are looking good again after a weak Q3 in Jan-Mar 2024. We are seeing better USEP and retails margin in April and May 2024, and I expect the momentum to continue into June 2024.
I am looking forward to a better financial performance from PowerSeraya in this Q4 FY24, compared to Q3 FY24. It should be slightly lower than last year Q4 FY23 which booked in extraordinary pool margin, but the profits will still be very good.
In this coming Q4 FY2024, YTL Power's net profit may not be as high as last Q4's RM1.0 billion, but I am confident it will be higher than Q3 FY2024's RM698m.
2 days ago