KLSE (MYR): YTL (4677)
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Last Price
0.58
Today's Change
+0.005 (0.87%)
Day's Change
0.575 - 0.58
Trading Volume
3,019,100
Market Cap
6,393 Million
NOSH
11,023 Million
Avg Volume (4 weeks)
7,706,525
4 Weeks Range
0.55 - 0.59
4 Weeks Price Volatility (%)
52 Weeks Range
0.53 - 0.665
52 Weeks Price Volatility (%)
Previous Close
0.58
Open
0.575
Bid
0.58 x 739,800
Ask
0.585 x 1,366,600
Day's Range
0.575 - 0.58
Trading Volume
3,019,100
Latest Quarter | Ann. Date
31-Dec-2022 [#2] | 23-Feb-2023
Next QR | Est. Ann. Date
31-Mar-2023 | 26-May-2023
T4Q P/E | EY
11.48 | 8.71%
T4Q DY | Payout %
5.14% | 59.07%
T4Q NAPS | P/NAPS
1.14 | 0.51
T4Q NP Margin | ROE
4.95% | 4.42%
2023-03-29
Sector: UTILITIES
Sector: UTILITIES
Subsector: GAS, WATER & MULTI-UTILITIES
Subsector: GAS, WATER & MULTI-UTILITIES
Description:
YTL Corp Bhd is a global holding company that operates in the infrastructure development space through its subsidiaries. YTL Corp has a wide variety of operations, including activities in the construction, power generation and transmission, water and sewage facilities, communications, cement manufacturing, property development and investment, hotel development and management, e-commerce, and Internet education services industries. The company's largest segment is its Utilities division, which houses its electricity generation and water management businesses. YTL mainly generates revenue from selling electricity, water, and other goods, such as cement and real estate. The company's primary geographic areas include Malaysia, the U.K., and Singapore, from which it derives most of its revenue.
I think we should look at the KL-Singapore HSR from a different perspective, it would offer something really different from what we have now. It will be a game changer.
KL-Singapore remains the busiest air routes in the world with over 30,000 flights a year, carrying over 4 million passengers. Air tickets from KL to Singapore are getting expensive as fuel oil prices remain at elevated level above US$80/bbl, especially during holidays/CNY/GE seasons.
It would take just 90 minutes to commute from KL to Singapore and vice versa on a HSR, compared to over 2 hours on flight + waiting time + check-in time and over 4 hours on car or double-track commuter train. Time is of essence for business people, and the short commute time of 90 min for HSR will help them a lot in making day trips. Furthermore they can read and work or rest on HSR, a great advantage over driving on roads.
Of course the HSR fee would not be cheap but should be cheaper than a flight ticket. It would be definitely cheaper to drive a car especially for a family of 2 or more, but if they can save on one night of accommodation if taking HSR, then the overall cost may be cheaper.
One should go and try at least once the HSR in China, it is truly impressive and I would like to see such an option here in Malaysia. Just imagine if we could take HSR from Penang to JB/Singapore for a 3-hour comfortable ride (instead of taking an overnight 9-hour bus), how much time we could save and how much we could promote economic activities and social interaction.
2 weeks ago
It is a real pity that such a great project was cancelled twice by Tun M administration, first in 1998 era when the original proposed cost was just RM15.5 billion for the 350km project, and secondly in 2018 after PH took over and Tun M became PM again. In 2018, the whole project had been fully negotiated with Singapore and the southern portion had been awarded to YTL consortium.
The fact that Singapore government had endorsed and supported the HSR project clearly shows the importance and significance of this project, and the enormous economic benefits it would bring. Unfortunately, it was terminated one-sidedly by Malaysia citing high debts in Malaysia. I fully agree with what Anthony Loke said about the potential revival of this project. If a private consortium can come out and fund it, why not revive it?
It will give a huge boost to the construction and property sector, as well as tourism in future.
2 weeks ago
But without government funding support, it would be a tall order to push through the project which itself may not be feasible. So it will remain a pipe dream for many years to come
2 weeks ago
Fool me once is bad enough. Fool me twice? Forget about it. Whosoever approve HSR to connect Jurong East to Bandar Malaysia will not get my vote in next election for sure. Money is not easy to earn, especially those Malaysians have to sweat, tear and with their lives to earn the bloody Sing dollar.
2 weeks ago
ks55, ya my preference is also for HSR to terminate at Nusajaya JB rather than spending double the money just to extend it to Jurong Singapore.
Save that money and extend the HSR north to Penang better
2 weeks ago
Technically just start turning up yesterday. Today a good moving up. Should able to catch up the son soon. Now still 30cents behind.
2 weeks ago
EPF sell some more 19000 lots, he will be ceased to be substantial shareholder. May be already out after this few days high volume traded.
2 weeks ago
Actually YTL corp and power both looks really strong looking at the market of red sea today
2 weeks ago
YTL has reserved cash for years hoping to have a leg in the HSR KL-SG project. Now should be dream come thru.......
2 weeks ago
It is natural for YTLPower to run up first as it reported strong earnings rebound and more to come. YTL Corp will follow soon after MCement catches up with explosive earnings growth in this quarter and next.
YTL Corp construction order book is boosted by the huge green data centre jobs secured by YTL Power, total 248MW so far or about RM7.5 billion worth of construction work to YTL.
HSR is the wild card as it would boost YTL construction order book by many folds even if it secured just the southern portion of the KL-Singapore stretch.
1 week ago
this uncle stock hard to move la
buy if see up 5-10% already can open champagne lo
1 week ago
@MyWay, this is good news for YTL as the HSR project will need cheap and big funding. The involvement of Chinese companies will bring along the necessary funding and expertise in high speed rail equipment, and YTL could provide local expertise on material supplies, construction and civil work, project management etc to make the project a success.
YTL is using similar model in the on-going JB-Gemas double-track rail project with Chinese rail consortium taking up the equipment and signalling parts and YTL taking up the bulk of the civil and construction.
https://www.theedgemarkets.com/article/nod-gemasjb-doubletracking-project-positive-ytl-corp
2 days ago
https://www.theedgemarkets.com/article/nod-gemasjb-doubletracking-project-positive-ytl-corp
YTL Corp Bhd
(Aug 1, RM1.35)
Upgrade to buy with a revised target price of RM1.55
I pity those who bought in at that time hahahaha
Now we buy in at 57 sen got some margin of safety la
1 day ago
EPF didn't sit with Anwar before sold away, what the poor country management :-)
9 hours ago
Ytl is link to previous HSR, mega project contract for Southern part, johor linking Singapore
4 hours ago
YTL was previously appointed as one of two project delivery partners (PDP) for the now deferred Kuala Lumpur to Singapore HSR project. YTL submitted a bid for the role via a 70:30 joint venture (JV) with TH Properties (THP). The other consortium appointed for the PDP role previously was MRCB-Gamuda (50:50). The YTL-THP JV was selected for the southern portion of the alignment (Johor portion) and MRCB-Gamuda for the northern portion (KL to state border of Melaka-Johor).
4 hours ago
nicholas99
HSR is just for the rich.. normal people won't ride it. too expensive also. people rather drive.
2 weeks ago