YTL CORPORATION BHD

KLSE (MYR): YTL (4677)

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Last Price

3.48

Today's Change

-0.10 (2.79%)

Day's Change

3.45 - 3.57

Trading Volume

16,554,700

Company warrants are issued by the company and give the holders the right, but not an obligation, to subscribe for new ordinary shares at a specified price during a specified period of time.

Structured warrants are proprietary instruments issued by a third-party issuer, namely an eligible broker or financial institution that give holders the right, but not the obligation, to buy (call warrants) or sell (put warrant) the underlying instrument in the future for a fixed price.

A call warrant is in-the-money when the exercise price is lower than the price of the underlying share.

A put warrant is in-the-money when the underlying share price is lower than the exercise price.

Call Warrants

In the money

Put Warrants

In the money

Discussions
25 people like this. Showing 50 of 15,336 comments

dragon328

As mentioned before, the sell down of YTL shares in past 2 days was triggered by the draft determination by Ofwat for Wessex Waters' next 5 year business plan, which in turn caused a selldown in YTL Power shares.

As it is just another draft determination of Ofwat, it does not have any immediate impact on Wessex's operations. I am confident that Wessex management will work hard to engage Ofwat in the next few weeks to deliberate on the merits of its submitted business plan and justify for a higher rate of return on capital. I think the final determination in Dec 2024 will typically improve from the drafts.

Hence, I find the selldown in YTL Power and YTL shares in these 2 days is unfounded and unnecessary. I see the current weakness in YTL share price as a good opportunity to accumulate more for long term investment holds.

1 week ago

cwc1981

Yes @dragon328 hopefully ytl able to close with a good result similarly like the Feb result. If not the price will be under pressure

1 week ago

stncws

zzzzzzz

1 week ago

PalaniR

Good for YTL's employees. Get the share at super cheap price
https://klse.i3investor.com/web/mktbzz/additional-detail/37832_175844435

1 week ago

redhotpepper

Under pressure and down south. Best time to accumulate?

6 days ago

cwc1981

No idea mate. Looking at the trend tomorrow maybe lower

6 days ago

100Mark

Then use DCA method on YTL

6 days ago

redhotpepper

Today cheap sale again, accumulate I guess??

5 days ago

cwc1981

IJM already surpassed you Mr Yeoh

5 days ago

dragon328

Foreign funds started selling IJM yesterday in a big way after buying in past few weeks when local analysts also helped to come out with good reports on construction stocks like IJM and Gamuda. To me, these pure construction stocks are getting over-valued now with PER of over 20x, but local analysts are upgrading them to 25x prospective PER.

Stock valuation in the long run will eventually fall back to earnings and fundamentals. YTL is a lot cheaper at less than 15x PER with improving earnings prospects from YTL Power (Wessex turning around, PowerSeraya's continued strong earnings, AI data centre starts contributing next year etc.), MCement (strong earnings to sustain from mega construction work like Penang LRT, KL-Singapore HSR, data centres construction work etc.) and hotels business (from influx of foreign tourists to Malaysia and Singapore on visa-free travelling from China and India, strong surges in tourists to Japan due to weak yen etc.).

5 days ago

cwc1981

Thanks dragon 328. But what is your opinion that both ytls remain depressed and people keep selling lower?

5 days ago

OnTime

the magnanimous stock god depresses the price to allow others to get in?

5 days ago

dragon328

@cwc1981, YTL and YTL Power share price is down temporarily due to some foreign funds selling. These foreign funds tend to be hot money which comes in and out within 6-9 months typically.

Foreign funds started buying YTL and YTL Power in a big way in Dec 2023 up until early May 2024. After YTL Power announced a weak set of quarterly result for March 2024 in late May, these "hot money" found the excuse to take profit on YTL and YTL Power which both have given them 100% gain in 6 months. To these "hot money", a 100% gain in 6 months is good enough coz they bought in big quantities. They bought in total some RM950 million in YTL Power shares and RM850 million worth of YTL shares from Dec 23 to May 24, so a 100% gain will have given them good profit of RM400-500 million each from YTL and YTL Power.

It is no surprise for these "hot money" to take profit and exit the stocks, but the good thing is that most of the selling pressure from these hot money funds has been well adsorbed by local institutional funds as well as local retailers in past few weeks, hence the share price is only down like 10% from their peak prices.

The reason why local institutional funds are coming in to buy YTL and YTL Power is that they are finally convinced that the earnings outlook for both companies is so bright that they cannot simply ignore, as both stocks have become stocks with almost the largest market cap in Bursa, with YTL Power in top 10 list.

Local funds like EPF cannot ignore the fact that YTL and YTL Power have become the leader in respective areas of expertise, i.e. YTL Power is the pioneer in data centre and AI data centre in collaboration with Nvidia, one of the largest companies in the world, and is the owner of the 2nd largest power company in Singapore and owner of Wessex Waters, one of the 10 water companies in the UK; while YTL owns a majority stake in YTL Power and MCement, the largest cement player in Malaysia, and the owner of Niseko village, the largest land owner and ski resorts owner in Hokkaido Japan, and the three renowned Marriotte Hotels in Australia.

These local funds know that by buying YTL and YTL Power, they will have good and direct exposure to the booming AI and data centres in Malaysia, benefits of the strength in Singapore dollars, the turn around of Wessex and exposure to the UK utility and property sectors, the booming tourism sector in Australia and Japan.

5 days ago

cwc1981

Thanks dragon328. Hope YTL able to catch up with others soon

5 days ago

facsc118

Digital bank from YTLP coming soon. Launching in Q4

5 days ago

Yezzy99108

the delay in launching digital banking business have such a detrimental and huge adverse effect on share price

5 days ago

raymondroy

i believe the foreign funds play a minor role in the current lacklustre price seen in both ytl and ytlp, I think its just lack of news on contract signings, as well as lack of coverage from IBs, also lack of HSR update while its long overdue.... for example comparing to Suncon, Gamuda.... of which every week there are some highlights, also I can see ytl/ytlp are not the type to hype up news here and there.... they would rather have the quarterly numbers do the job.
As for the USEP price update.... i see a 47% rise (as calculated by Sing Energy Market Update) in average price in Apr-Jun as compared to Jan-Mar, and this will surely reflect in higher power seraya earnings, which is the core earnings of ytlp ..... therefore nothing to worry for now :-) happy hunting

https://www.home.emcsg.com/about-emc/media-news-annoucements/Announcements/Market-Update-for-May-and-June-2024

5 days ago

cwc1981

Agreed Raymondroy. Hope more catalyst and new updates on the delayed project to be announce soon

4 days ago

cwc1981

I'm wondering does this project still able bring a positive impact to Ytl

4 days ago

dragon328

The KL-Singapore HSR project will be highly positive to YTL group.

WHoever wins the HSR construction work contracts will need to procure lots of concrete and cement, and with MCement being the largest cement producer in Malaysia, YTL will definitely benefit.

The article says YTL is one of the 3 consortium shortlisted for the HSR job. I see YTL as one of the frontrunner as it has the expertise and financial muscle to take up and complete the massive construction work on time, based on its track record.

4 days ago

cwc1981

Hi @dragon328. What is the confidence level that HSR will be revive?

4 days ago

redhotpepper

Great insights @Dragon328

4 days ago

fx115w

HSR will definitely revive with the strong will & backing of our Agong/Johor Sultan.
That is 99.9% for sure. Can you imagine the most 2 advance country in SEA without HSR? Laos, Thailand, Indonesia will be laughing at us.

4 days ago

cwc1981

@fx115w thanks. Hope Agong will push government to expedite this HSR project

4 days ago

fx115w

The news mentioned that OTB is strongly against HSR. Is it true?

3 days ago

100Mark

Dow Jones dropped ... YTL will drop today as well?

3 days ago

speakup

ytl is listed in malaysia lah not usa. usa drop so what

3 days ago

GGstarz

yes, u better sell now

3 days ago

yewnamhung

Nonsense 🙄

3 days ago

Leward88

YTL pulls back a little bit only. Don't worry too much

3 days ago

PalaniR

It will impact indirectly to Malaysian stock market, speakup

3 days ago

cwc1981

Hope next week Uncle Yeoh doesn't disappoint us again

3 days ago

redhotpepper

Cheap sale, Mari Mari mari

2 days ago

cwc1981

So Agong said built HSR, Anwar built HSR?

1 day ago

speakup

Pmx is a very week leader. He kow tow to Sarawak, Sabah, Johor state govt and also umno. But strange he is very vocal against Dap which is his strongest ally in govt.
That why speakup no longer support Pmx

1 day ago

paktua73

paktua try to catch ytl at rm3.45 hope can het by today..


tut tut
tadi tak dapat huhu

8 hours ago

Ron90

grab je la paktua at 46. I think market already start to turn around from the knee jerk reaction

8 hours ago

EquityJourneyman

Monitor 1st ... Market is so uncertain

8 hours ago

cwc1981

Genting M maybe get replace by Gamuda. Hope YTL don't end up the same. Haizz

7 hours ago

dragon328

There seems to be rotational plays in blue chip counters by foreign funds.

Having bought Gamuda and IJM in a big way in June 2024, foreign funds started selling Gamuda by dumping RM16 million worth of Gamuda shares last Friday and RM50 million worth of Gamuda shares last Thursday.

Foreign funds bought in a total of RM16 million worth of YTL Power shares and RM13 millon worth of YTL shares last Friday.

5 hours ago

dragon328

My posts may be removed by i3 admin anytime soon, for reasons unknown to me.

So please pm me if you need such info.

5 hours ago

cwc1981

Thanks dragon 328

5 hours ago

cwc1981

Really need to have new project only can save the days

3 hours ago

100Mark

LOL, how to pm you, dragon328 ?

2 hours ago

raymondroy

yup2 how to PM you, dragon328? soon this forum will be taken up by ular and his spammer geng....

2 hours ago

Kicapmanis

All info already given by draagon i think. Just collect and hold if the price is right.. fundamentals for both ytl and ytlp intact..in longer timeline i only see the revenue increased along the PAT

1 hour ago

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