Big cap & blue chip stocks. :)

KUALA LUMPUR (Jan 7): The FBM KLCI advanced in early trade Tuesday, as gains in select blue chips lifted the benchmark index.

At 9.05am, the FBM KLCI gained 1.05 points to 1,598.81.

The early gainers included Public Bank Bhd, Revenue Group Bhd, KKB Engineering Bhd, IHH Healthcare Bhd, Datasonic Group Bhd, Tenaga Nasional Bhd, Poh Huat Resources Holdings Bhd and Hartalega Holdings Bhd.

Bloomberg said Asian stocks looked set to rebound as the risk-off mood sparked by geopolitical tensions in the Middle East ebbed. U.S. shares closed higher while Treasuries and the dollar dropped.

Futures gained in Tokyo and Hong Kong. Australian shares opened higher. U.S. equity futures were flat. Earlier, the S&P 500 Index rose for the third time in four sessions, erasing early losses, as heavyweight technology companies led a recovery. Gold retreated from the highest in more than six years and the yen held losses. Ten-year Treasury yields rose to above 1.80%. Crude oil fell to trade below $63 a barrel, after reaching the highest since April, it said.

JF Apex Securities Research said US markets rose overnight led by technology counters as investors shake off geopolitical concerns over US' attack that killed Iran's top military leader.

It said that earlier, European stocks declined as investors switched from equities to safe haven assets such as gold and bond following the US-Iran tension.

“On the local market, the FBM KLCI dropped 13.62 points to 1597.76 points.

“Following the mixed performances in the US and Europe, the FBM KLCI could trend sideways below the resistance of 1,615 points,” it said.

HSR is approaching, due date is may 2020... it shall earlier than that date. otherwise, malaysia must pay further compensation to singapore :)


The new government decided to postpone the HSR project until May 2020, reduce the scale of LRT3 as well as renegotiate contracts for MRT2 with MMC-Gamuda. The cost of the ECRL was also reduced from the original RM65.5 billion as the link was realigned.

The reviews also unveiled payment irregularities in the TSGP and MPP projects, as RM8.3 billion or 88% of the RM9.4 billion contract value had been paid out, even though only 13% of the work had been completed.

The projects have since been scrapped, although negotiations are still ongoing between the government and the parties involved.

Critics continue to question the viability of some of the infrastructure projects and their benefit to Malaysia. For instance, Economic Action Council member Prof Dr Jomo Kwame Sundaram has voiced concern that the costly ECRL is not viable for Malaysia, especially when the government is short of funds at present.

Others contend that Malaysia’s reputation as a stable and attractive investment destination is at stake and that the government ought not lightly terminate contracts that have already been awarded by the previous administration.

Ya lah, continuous buyback :)

Notice of Shares Buy Back by a Company Pursuant to Section 127 (16) of CA 2016
YTL CORPORATION BERHAD

Date of buy back from 30 Dec 2019
Date of buy back to 03 Jan 2020
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 16,008,100
Minimum price paid for each share purchased ($$) 0.905
Maximum price paid for each share purchased ($$) 1.040
Total amount paid for shares purchased ($$) 15,435,563.00
The name of the stock exchange through which the shares were purchased Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units) 16,008,100
Total number of shares retained in treasury (units) 366,862,418
Number of shares purchased which were cancelled (units) 0
Total issued capital as diminished
Date of Notice 06 Jan 2020
Date lodged with registrar of companies 06 Jan 2020

For the construction stocks to climb further, investors will be watching out for earnings catalysts from new contract wins. In particular, the companies will be eyeing to replenish their order books from the slew of potential infrastructure projects in the pipeline.

A closer look at the list of potential major infrastructure projects reveals that the timing of commencement for most of them will likely lean towards the second half of 2020. This includes the possible revival of the Kuala Lumpur-Singapore High Speed Rail project — with a decision due to be made by May 2020 — and Mass Rapid Transit 3, possibly towards year end as the government may want to space out the infrastructure spending spree due to its tight fiscal constraints. While there may be initial knee-jerk share price movements in response to any news flows on the relaunching of these megaprojects, given the typical time lag before the actual construction packages are awarded on an open tender basis, it will be a guessing game initially to identify the potential beneficiaries with any meaningful earnings impact expected to be felt starting from two to three years later.

Nonetheless, one major project that is slated to kick off as early as January this year is the Penang Transport Master Plan (PTMP). The signing of the agreement between the Penang state government and SRS Consortium is scheduled to take place soon under a project delivery partner structure. PTMP consists of three key components — the RM8.4b Light Rail Transit (LRT) project, the RM7.5b Pan Island Link highway and the RM16 billion reclamation of three south islands, with physical works likely to start in the second half of 2020. This is expected to benefit Gamuda, which has a 60% interest in SRS Consortium.

A major boost to ytl's share price if approved. Ytl should have convinced the substantial shareholder s already by now :)

Lafarge Malaysia — now renamed Malayan Cement Bhd — is now seeking shareholders’ mandate for new RPTs worth a smaller aggregate sum of RM1.87 billion with YTL Cement, at another EGM scheduled for Jan 23.

YTL Corp — Taking control of rival Lafarge Malaysia

YTL Corp Bhd sprung a surprise last year when it took up a controlling stake in rival Lafarge Malaysia Bhd via its 98%-owned YTL Cement Sdn Bhd.

Starting with a 51% stake buy for RM1.63 billion or RM3.75 per share from Swiss cement giant LafargeHolcim Ltd, which was seeking to exit the Malaysian market, YTL Cement ended up with a 76.98% stake in Lafarge Malaysia following the end of the mandatory general offer it had to extend for the rest of the shares it did not own in the target company.

All in, YTL Cement spent RM2.46 billion on the deal.

The acquisition, completed in June, made YTL Group the country’s largest cement maker today, with a market share of around 58%, which dwarfs the No 2 player’s 9%. The move was viewed positively as the consolidation is expected to allow the enlarged group to command higher pricing power in a market dogged by overcapacity.

Interestingly, at an extraordinary general meeting (EGM) three months later, Lafarge Malaysia’s minority shareholders blocked a resolution that would have allowed the company to undertake several recurrent related party transactions with its new controlling shareholder, YTL Cement, worth an aggregate RM3.51 billion.

These transactions, which include the sale and purchase of materials such as clinker, cement, pulverised fly ash, slag, dry mix, aggregates, and the manufacturing of sand, were deemed necessary for the day-to-day operations of Lafarge Malaysia, and part of its ordinary course of business.

Lafarge Malaysia — now renamed Malayan Cement Bhd — is now seeking shareholders’ mandate for new RPTs worth a smaller aggregate sum of RM1.87 billion with YTL Cement, at another EGM scheduled for Jan 23.

Buy below rm1, share buyback even above rm1, ytl won't let the price below rm1 again especially HSR restart is approaching , fingers crossed

Revived Bandar Malaysia project to include a High Speed Rail station, says PM Mahathir

(
THE STAR/ASIA NEWS NETWORK
Dec 18, 2019
PUTRAJAYA - The revived Bandar Malaysia project would house a Kuala Lumpur-Singapore High-Speed Rail (HSR) station, Prime Minister Mahathir Mohamad said on Tuesday (Dec 17).

Tun Dr Mahathir said although Malaysia and Singapore have yet to finalise details on the stalled HSR project, it would definitely have a stop in Bandar Malaysia.

"We have not decided on the HSR project itself, but yes, it (Bandar Malaysia) will have an HSR station," he said at a press conference after witnessing the signing of the Bandar Malaysia agreement at the Putrajaya International Convention Centre.

Ytl is implement similar strategy in share buyback :)

FB 3-Year Average Share Buyback Ratio | Facebook - GuruFocus.com
FB has a 3-Year Average Share Buyback Ratio of - 0.80 as of today(2020-01-04). In depth view into Facebook 3-Year Average Share Buyback Ratio ...
Imagehttps://www.reuters.com › article
Facebook to buy back additional $9 billion of shares - Reuters
7 Dec 2018 · Facebook to buy back additional $9 billion of shares. ... The social media giant's shares, which have tumbled more than 22 percent this year, rose nearly 1 percent in extended trading. The new program is in addition to a share buyback plan of up to $15 billion announced by the company last year.

Ytl is learning share buyback from FB :)

Why Investors Should Cheer Facebook's Stock Buyback
With shares down nearly 40%, Facebook wants to get more aggressive with its stock buybacks.

Daniel Sparks(TMFDanielSparks)
Dec 9, 2018 at 6:33PM
On Friday, social network Facebook (NASDAQ:FB) surprised investors when it announced a major expansion to the amount of money its board has authorized for share repurchases. The increased share-repurchase program reflects management's confidence in Facebook's business and highlights how much cheaper shares have become recently.

Facebook shareholders, in particular, should be pleased with the company's timely and opportunistic increase to its repurchase program.

Facebook CEO Mark Zuckerberg presents 10-year plan at F8 conference in 2016
FACEBOOK CEO MARK ZUCKERBERG. IMAGE SOURCE: FACEBOOK.

Ramping up
In an SEC filing published on Friday, Facebook said its board of directors has approved a $9 billion increase to its share repurchase program. This repurchase authorization adds to the $15 billion program the company commenced last year.

"The repurchase program does not have an expiration date, and the timing and actual number of shares repurchased depend on a variety of factors," Facebook said in the filing, "including price, general business and market conditions, and other investment opportunities."

The $9 billion authorization comes after shares have fallen 37% since hitting an all-time high this summer. While the social network has certainly faced a number of challenges recently, including decelerating growth and several high-profile security issues, the stock's sell-off may have gone too far. A repurchase program, therefore, takes advantage of the stock's lower price.

Highlighting just how much cheaper Facebook stock is now than it was this summer, the company's price-to-free cash flow ratio has fallen from about 37 in July to 23 today. That's why it's unsurprising that Facebook's board of directors wants to be more aggressive with its share repurchases -- and investors should cheer the board's willingness to be opportunistic.

This could be just the beginning
Fortunately for Facebook shareholders, the social network can easily afford a $9 billion increase to its share repurchase program. Facebook has generated $17.5 billion of free cash flow in the trailing 12 months alone. In addition, the social network ended its most recent quarter with $42.2 billion of cash, cash equivalents, and marketable securities.

Facebook was already ramping up its repurchases before this announcement. The company spent $4.3 billion repurchasing stock in its third quarter, up from $3.2 billion in Q2. If Facebook stock continues to trade at these suppressed levels and the company keeps repurchasing shares aggressively, another repurchase program expansion could come as early as next year.

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More to come :)

4677 YTL YTL CORPORATION BHD
Immediate Announcement on Shares Buy Back
Date of Buy Back : 03/01/2020
Description of Shares Purchased : Ordinary Shares
No. of Shares Purchased : 190,000 shares
Minimum Price Paid For Each Share Purchased : RM 0.995
Maximum Price Paid For Each Share Purchased : RM 1.030
Total Consideration Paid : RM 192,658.76
No. of Shares Purchased Retained in Treasury : 190,000 shares
No. of Shares Which Are Proposed To Be Cancelled : 0 shares
Cumulative Net Outstanding Treasury Shares As At To-Date : 366,862,418 shares
Adjusted Issued Capital After Cancellation : 11,019,882,843
Date Lodged With Registrar of Company :
Lodged By :
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:

03/01/2020 07:00 AM


Ref Code: 202001034700208

https://www.theedgemarkets.com/article/ytl-tells-its-side-story-why-its-no-longer-isp-malaysian-schools

Buybacks

By TREVIR I NATH
Updated Mar 26, 2019

Ultimately, highly successful companies reach a position where they are generating more cash than they can reasonably reinvest in the business. The financial crisis has caused investors to pressure companies to distribute the accumulated wealth back to shareholders.

Typically, companies can return wealth to shareholders through stock price appreciations, dividends, or stock buybacks. In the past, dividends were the most common form of wealth distribution. However, as Corporate America becomes more progressive and flexible, a fundamental shift has occurred in the way companies deploy capital. Instead of traditional dividend payments, buybacks have been viewed as a flexible practice of returning excess cash flow. Buybacks can be seen as an efficient way to put money back into its shareholders' pockets, as demonstrated by Apple’s (AAPL) capital return programs.


The Basics of Buybacks
In recent history, leading companies have adopted a regular buyback strategy to return all excess cash to shareholders. By definition, stock repurchasing allows companies to reinvest in themselves by reducing the number of outstanding shares on the market. Typically, buybacks are carried out on the open market, similarly to how investors purchase stocks. While there has been a clear shift in wealth distribution of dividends to stock repurchasing, this doesn’t mean a company cannot pursue both.

Apple investors have grown to prefer buybacks since they have the choice of whether or not to partake in the repurchase program. By not participating in a share buyback, investors can defer taxes and turn their shares into future gains. From a financial perspective, buybacks benefit investors by improving shareholder value, increasing share prices and creating tax beneficial opportunities.


Improved Shareholder Value
There are many ways profitable companies can measure the success of its stocks. However, the most common measurement is earnings per share (EPS). Earnings per share are typically viewed as the single most important variable in determining share prices. It is the portion of a company’s profit allocated to each outstanding share of common stock.

When companies pursue share buyback, they will essentially reduce the assets on their balance sheets and increase their return on assets. Likewise, by reducing the number of outstanding shares and maintaining the same level of profitability, EPS will increase. For shareholders who do not sell their shares, they now have a higher percent of ownership of the company’s shares and a higher price per share. Those who do choose to sell have done so at a price they were willing to sell at.

How Does a "Buyback" Work?


Boost in Share Prices
When the economy is faltering, share prices can plummet as a result of weaker than expected earnings among other factors. In this event, a company will pursue a buyback program since it believes that company shares are undervalued.

Companies will choose to repurchase shares and then resell them in the open market once the price increase to accurately reflect the value of the company. When earnings per share increases, the market will perceive this positively and share prices will increase after buybacks are announced. This often comes down to simple supply and demand. When there is a less available supply of shares, then an upward demand will boost share prices.

Tax Benefits
When excess cash is used to repurchase company stock, instead of increasing dividend payments, shareholders have the opportunity to defer capital gains if share prices increase. Traditionally, buybacks are taxed at a capital gains tax rate, whereas dividends are subject to ordinary income tax. If the stock has been held for more than one year, the gains would be subject to a lower capital gains rate.

Excess Cash
When companies pursue buyback programs, this demonstrates to investors that the company has additional cash on hand. If a company has excess cash, then at worst the investors do not need to worry about cash flow problems. More importantly, it signals to investors that the company feels cash is better used to reimburse shareholders than reinvest alternative assets. In essence, this supports the price of the stock and provides long-term security for investors.

A share buyback occurs when a company purchases some of its shares in the open market and retires these outstanding shares. This can be a great thing for shareholders because after the share buyback, they each will own a bigger portion of the company, and therefore a bigger portion of its cash flow and earnings.

KL-Singapore HSR to go ahead after 'some adjustments', says Dr Mahathir | The Edge ...
17 Dec 2019 · "Yes it will have the HSR station, although we have not decided on the ... We hope they will participate with more than 30%," he said.

today is friday, last trading day of the week. whether the strongest share buyback by ytl today, wait n see :)

subsi's share price continues to rise :)

Recent Prices ytl reits

Date Open Range Close Change Volume
02/01/2020 1.37 1.36 - 1.37 1.37 +0.01 (0.74%) 205,900
31/12/2019 1.35 1.35 - 1.36 1.36 0.00 (0.00%) 360,800
30/12/2019 1.36 1.34 - 1.36 1.36 +0.01 (0.74%) 166,800
27/12/2019 1.36 1.35 - 1.37 1.35 -0.01 (0.74%) 340,600
26/12/2019 1.37 1.36 - 1.37 1.36 -0.01 (0.73%) 65,500
24/12/2019 1.36 1.36 - 1.37 1.37 0.00 (0.00%) 813,100
23/12/2019 1.37 1.36 - 1.37 1.37 0.00 (0.00%) 205,500
20/12/2019 1.37 1.36 - 1.37 1.37 0.00 (0.00%) 168,300
19/12/2019 1.36 1.36 - 1.37 1.37 0.00 (0.00%) 103,800
18/12/2019 1.37 1.36 - 1.37 1.37 0.00 (0.00%) 758,400
17/12/2019 1.34 1.34 - 1.37 1.37 +0.01 (0.74%) 689,700
16/12/2019 1.36 1.34 - 1.36 1.36 +0.01 (0.74%) 337,900
13/12/2019 1.33 1.33 - 1.36 1.35 0.00 (0.00%) 379,900
12/12/2019 1.34 1.33 - 1.35 1.35 +0.02 (1.50%) 210,300
11/12/2019 1.32 1.32 - 1.36 1.33 0.00 (0.00%) 535,800
10/12/2019 1.33 1.33 - 1.34 1.33 -0.01 (0.75%) 2,151,300
09/12/2019 1.33 1.33 - 1.34 1.34 +0.03 (2.29%) 1,130,200
06/12/2019 1.34 1.33 - 1.35 1.33 0.00 (0.00%) 222,600

subsi's share price has risen too :)

Recent Prices -ytlpower
Date Open Range Close Change Volume
02/01/2020 0.77 0.77 - 0.815 0.81 +0.04 (5.19%) 15,552,400
31/12/2019 0.765 0.76 - 0.78 0.77 +0.005 (0.65%) 6,429,200
30/12/2019 0.77 0.75 - 0.78 0.765 -0.005 (0.65%) 9,279,600
27/12/2019 0.745 0.74 - 0.77 0.77 +0.03 (4.05%) 7,008,300
26/12/2019 0.735 0.735 - 0.75 0.74 0.00 (0.00%) 2,691,200
24/12/2019 0.72 0.72 - 0.74 0.74 +0.02 (2.78%) 2,160,500
23/12/2019 0.73 0.715 - 0.73 0.72 -0.01 (1.37%) 4,422,700
20/12/2019 0.735 0.73 - 0.745 0.73 0.00 (0.00%) 6,029,800
19/12/2019 0.71 0.705 - 0.74 0.73 +0.02 (2.82%) 12,454,300
18/12/2019 0.705 0.705 - 0.72 0.71 +0.005 (0.71%) 5,058,400
17/12/2019 0.70 0.70 - 0.71 0.705 +0.005 (0.71%) 5,522,200
16/12/2019 0.695 0.69 - 0.705 0.70 +0.01 (1.45%) 3,434,500
13/12/2019 0.69 0.685 - 0.695 0.69 +0.005 (0.73%) 5,555,300
12/12/2019 0.69 0.685 - 0.695 0.685 -0.005 (0.72%) 1,428,200

On 5 September 2018, after meetings, Singapore and Malaysia have formally agreed to postpone the construction of the KL-Singapore High-Speed Rail until end-May 2020, with Malaysia having to pay Singapore S$15 million for costs incurred in suspending the project before the end of January 2019. In a joint statement, both nations also announced the HSR express service will be delayed until January 2031 instead of the original December 2026. A new agreement was signed by Malaysia's Economic Affairs Minister Azmin Ali and Singapore's Transport Minister Khaw Boon Wan at the Prime Minister's Office in Putrajaya on Wednesday afternoon.[4][33] Malaysia has since informed Singapore on 31 January 2019 that it has remitted S$15 million in abortive costs.[34]

:)

JOHOR BAHRU, Malaysia (Reuters) - A railway line linking Malaysia’s southern state of Johor with Singapore will go ahead after the projected cost was cut by a third, Malaysia’s Prime Minister Mahathir Mohamad said on Thursday, ending months of uncertainty over the delayed project.

Malaysian Prime Minister looks at a press release in a news conference to announce a railway project in Johor Bahru, Malaysia October 31, 2019. REUTERS/Angie Teo
The Rapid Transit System Link, which will bridge one of the world’s busiest border crossings, can carry up to 10,000 passengers an hour each way - more than 30 times the capacity of the existing train service.

The project will cost 3.16 billion ringgit ($757 million), down from 4.93 billion ringgit under the original proposal, a reduction of 36%, Mahathir said.

“We will build this railway, the agreement has been made. Half will be built by Singapore, the other half will be built by us,” Mahathir told reporters at the Malaysia-Singapore border.

“The details will be discussed with Singapore.”

Singapore’s transport ministry said it welcomed Malaysia’s decision.

“Both sides are now discussing the changes to the project, which Malaysia is proposing in order to reduce the project cost ... the discussions will take some time,” the ministry said in a statement.

The train project was originally suspended in May as Malaysia, saddled with more than $200 billion in debt, reassessed projects agreed under the previous administration. A further delay was agreed last month.

The Southeast Asian neighbors last year scrapped a high-speed rail project linking Singapore to the Malaysian capital Kuala Lumpur, which analysts estimated would cost around $17 billion.

Tensions often run high between Malaysia and Singapore, and Mahathir took a swipe at the city-state for not agreeing to a new road bridge between the two countries that he believes is the solution to congestion.

An estimated 300,000 people travel along the main highway between Johor and Singapore every day, the primary crossing between two countries, which separated from each other in 1965.

Singapore relies on Malaysia for around half of its fresh water and Mahathir threatened to increase the price.

“We are willing to sacrifice our money to support Singapore so that they can buy cheap water for themselves, but when we want to build a bridge to solve the traffic problem, they refuse,” he said.

“I don’t see why we are accommodating to Singapore when they’re not accommodating to us.”

Reporting by Fathin Ungku; Additional reporting by Aradhana Aravindan; Writing by Joe Brock; Editing by Hugh Lawson

ytl has RM12bil+ cash, market cap only RM11bil+, quite interesting :)

naik 1.51 now

:)

YTL: We gave internet for free, but MOE chose to pay others
https://www.malaysiakini.com/news/482212
3 Jul 2019 ... YTL Communications Sdn Bhd has alleged that the Education .... Anything the IDIOT Maslee do must be Rubbish....so I have to side YTL on this ...

History -DIRECT BIZ TRANSACTIONS IN 2019, QUITE A LOT ALSO :P


Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks

13/06/2019 00:00:00 1.1300 - 901,500 901,500 1.019m 1.019m 1.1300 0.0083 -
25/04/2019 00:00:00 1.2200 - 48.400m 193.589m 59.048m 236.179m 1.2200 0.4436 -
25/04/2019 00:00:00 1.2200 - 50.000m 193.589m 61.000m 236.179m 1.2200 0.4583 -
25/04/2019 00:00:00 1.2200 - 50.000m 193.589m 61.000m 236.179m 1.2200 0.4583 -
25/04/2019 00:00:00 1.2200 - 45.189m 193.589m 55.131m 236.179m 1.2200 0.4142 -
17/04/2019 00:00:00 1.0850 -0.1350 60.000m 296.626m 65.100m 321.839m 1.0850 0.5499 -
17/04/2019 00:00:00 1.0850 -0.1350 60.000m 296.626m 65.100m 321.839m 1.0850 0.5499 -
17/04/2019 00:00:00 1.0850 -0.1350 38.269m 296.626m 41.522m 321.839m 1.0850 0.3508 -
17/04/2019 00:00:00 1.0850 -0.1350 21.731m 296.626m 23.578m 321.839m 1.0850 0.1992 -
17/04/2019 00:00:00 1.0850 -0.1350 60.000m 296.626m 65.100m 321.839m 1.0850 0.5499 -
17/04/2019 00:00:00 1.0850 -0.1350 56.626m 296.626m 61.439m 321.839m 1.0850 0.5190 -
07/03/2019 00:00:00 1.0900 0.0700 970,292 970,292 1.058m 1.058m 1.0900 0.0089 -
01/03/2019 00:00:00 1.0500 -0.0100 54.726m 54.726m 57.462m 57.462m 1.0500 0.5016 -

The progress is ongoing :


Thursday, 2 Jan 2020

5:20PM YTL 8,991,900 shares purchased into treasury

5:20PM YTL 68,100 shares purchased into treasury



Tuesday, 31 Dec 2019

5:16PM YTL 11,380,000 shares purchased into treasury



Monday, 30 Dec 2019

5:38PM YTL 4,370,000 shares purchased into treasury



Friday, 27 Dec 2019

5:42PM YTL 187,900 shares purchased into treasury



Thursday, 26 Dec 2019

5:23PM YTL 3,204,000 shares purchased into treasury




Tuesday, 24 Dec 2019

5:53PM YTL 3,600,000 shares purchased into treasury



Monday, 23 Dec 2019

5:31PM YTL 2,000,000 shares purchased into treasury

good show today, risen to 1.03, tomorrow, it could exceed RM1.1 , fingers crossed :)

generous blessing from ytl :) continuous

foresee 1.1 to 1.2 within this month, probably this week :)

probably, francis/ytl will buyback till the price is between RM1.1 and RM1.2 at least, fingers crossed :)

sunway also recovered to RM1.81 today , much lower dividend yield than ytl also, 52 Weeks Range: 1.46 - 1.84 :)

IJM also recovered to RM2.17 today, 52 Weeks Range: 1.58 - 2.51

YTL should rebound stronger too :)

ytl is much more better with dividend, etc :)

penny stock, hohup also recovered to 51.5sen today, never pay dividend also, 52 Weeks Range: 0.305 - 0.695 :)

Gamuda - 52 Weeks Range: RM2.27 - 4.04, now back to RM3.90, ytl's turn to recover :)

1% of RM12Bil+ ~ RM120mil+ ....still have plenty of bullets for share buyback, enhance shareholders' value, net assets per share RM1.2+ now, it should rise further when construction ans cement biz segment balloon :)

dont sell too early, still a long way to go :)

ytl ada RM12bil + cash and cash equivalents @30-9-2019 :)

Share buyback is too early, small amount for YTL :)

i just take RM1, 24,741,900 shares ~ RM24mil+ for ytl :)

31-Dec-2019 31-Dec-2019 Buyback 11,380,000 0.950 0.990
30-Dec-2019 30-Dec-2019 Buyback 4,370,000 0.905 0.950
27-Dec-2019 27-Dec-2019 Buyback 187,900 0.885 0.895
26-Dec-2019 26-Dec-2019 Buyback 3,204,000 0.845 0.875
24-Dec-2019 24-Dec-2019 Buyback 3,600,000 0.830 0.850
23-Dec-2019 23-Dec-2019 Buyback 2,000,000 0.835 0.840

before change of govt and postponement of HSR, ytl was traded at RM1.3+ in may 2018. if HRS restarts, no retendering like MRT to gamuda/mcc, ytl could return to RM1.3+ BE PATIENT


@Angielim9955 Ivan9511 seem not bad recently I quiet quiet 静静follow him buy a few stocks all earn money
Including ytl and ytlpower also.
And after i see ivan comment on London biscuits last few times I bought in 6 sen sell at 11sen
London biscuits I almost 100% profit money can give me buy clothes for cny.
And as ivan advised ytl ytlpower osk cimb those are long term so I am not going to sell like London biscuits.
Thank you ivan for the cny clothes skirts bags
02/01/2020 1:08 PM

Another subsidiary would deliver better results too

Wrapping up financing for Tanjung Jati soon

“For Tanjung Jati, we are going to wrap up the financing, hopefully in the next few months,” Yeoh says, pointing to several options, such as the Exim Bank of China, US dollar financing or sukuk.

To recap, in March 2018 Indonesia’s state-owned utility firm PT Perusahaan Listrik Negara (PLN) renegotiated the Tanjung Jati PPA, which was first mooted in the 1990s. However, the administrative process was delayed by the Indonesian general election that was held in May this year.

It is widely reported that Indonesia typically provides government guarantee to IPPs for PLN’s financial obligation as the electricity supply’s single off-taker — an attractive clause for potential investors.

Tanjung Jati will see YTL Power’s first attempt to raise fresh capital in the Malaysian sukuk market to finance its project overseas. Yeoh believes the structure will also help portray Malaysia as a market to connect infrastructure projects with the necessary funding.

“It will solve a problem for our investors — our pension funds are hungry but there is no project in Malaysia.

“There will be country risk and currency risk, so there is a hedging element to it … So this is something new. They are quite keen, I think we will see how it goes.”

Tanjung Jati is YTL Power’s second greenfield power plant project outside Malaysia, and if successful, it will cement the company’s ability to compete with bigger players out there. Estimated to cost between US$2.7 billion and US$3 billion, Tanjung Jati A comes with a 30-year PPA up until 2051 and an indicative IRR of 12% to 13%.

Ytl's subsi is also performing well :)

KUALA LUMPUR (Dec 31): Affin Hwang Capital Research forecasts YTL Hospitality Real Estate Investment Trust (YTL REIT) to grow its distributable financial year 2020-2021 earnings (FY20-21E) by 9% year-on-year, driven by higher contributions from Green Leaf Niseko Village, JW Marriott KL and Brisbane Marriott Hotel, and lower financing cost for its Australian dollar borrowings.

In a note today, the research house said it has maintained its 'buy' call on YTL REIT at RM1.35 with a higher target price of RM1.46 (previously: RM1.38).

Affin Hwang said YTL REIT has a term loan denominated in Australian dollar amounting to A$342.8 million (circa RM984 million).

"YTL REIT obtained the loan in FY15 and it is repayable by a bullet payment on June 29, 2020. The term loan bears a weighted-average interest rate of 4.58%.

"We observe that Australian banks' lending rates for large business [have] declined in the recent years and expect YTL REIT to refinance the loan at a lower borrowing cost," it added.

The research house also said it has pencilled in a 100-basis-point decline in the finance cost for the Australian dollar loan, which should result in circa RM9.8 million savings and lift its FY21E earnings.

Meanwhile, Affin Hwang said it forecasts YTL REIT to grow its FY20E distributable earnings per unit by 10%, which is mainly driven by full-year contribution from Green Leaf Niseko Village acquired in September 2018, earnings recovery at Brisbane Marriott Hotel after completing its renovation works in April 2019 and rental revision at JW Marriott (+RM5.95 million per annum) following the completion of RM85 million renovation works.

The rental growth should more than compensate for higher finance costs, it said.

The research house said it continues to like YTL REIT's master leases, which account for 60% of the REIT's FY20E net property income.

"To recap, these master lease agreements with the lessees (mainly affiliate companies of YTL Corp Bhd) has long contract tenure and stable rental income, with a 5% step-up provision every five years.

"Elsewhere, we are mildly positive on its Australian hotels (under management contracts)," it added.

It also expects the Sydney Habour Marriott to sustain its strong occupancy while Brisbane Marriott should see a recovery after completing its renovation in April 2019.

Moreover, Affin Hwang said it expects defensive assets to remain in vogue and maintain its 'Overweight' rating on Malaysian REITs (MREITs).

"Taking a cue from the compressed 10-year Malaysian Government Securities (MGS) yield and a possible cut in overnight policy rate (OPR) in the first half of 2020 (1H20), we anticipate strong investor demand to drive further positive re-rating of the high-quality MREITs.

"Historically, MREITs' distribution yield is positively correlated to the 10-year MGS yield," it added.

At 6.4% FY20E yield, YTL REIT offers the highest yield among the MREITs under its coverage and the stock looks attractive, it said.

At 9:17am, YTL REIT units were traded at RM1.36 for a market capitalisation of RM2.32 billion.

Now ytl is an actively traded share with high liquidity

Buyback more :)

During the current financial quarter and financial period to date, 84,799,254 ordinary shares were
issued in exchange for YTL Land & Development Berhad’s ordinary shares and ICULS at
RM1.14 per share, pursuant to the conditional share exchange offer by the Company.
As at 30 September 2019, the number of treasury shares held was 341,862,418 ordinary shares.

KUALA LUMPUR (Jan 2): Sime Darby Industrial Sdn Bhd's subsidiary Sime Darby Material Handling Sdn Bhd (SDMH) has entered an agreement with Hyster-Yale Group Inc as the exclusive Hyster dealer in Malaysia and Brunei.

In a statement today, Sime Darby Industrial managing director CK Teoh said the new dealership would expand Sime Darby Industrial's product offerings in the materials handling market.

Teoh added that there is great potential for growth in the materials handling space beyond diesel lift trucks.

"With Hyster's broad range of product offering, we will be able to grow the business further to better serve our customers with an expanded range of products," Teoh added.

SDMH will also place greater emphasis on penetrating the market and garner new customers through the other materials handling services provided by Hyster.

"The vast experience SDMH has in lift trucks and industrial products sets a strong foundation for a successful long-term relationship," said Hyster-Yale Group Asia-Pacific managing director Tony Fagg.

Fagg noted that SDMH will deliver a comprehensive, structured and responsive sales approach to support retail, fleet and global account customers, and SDMH's expansive industrial service organisation extends the quality and service standards that Hyster customers expect from a trusted global brand in the materials handling market.

According to the statement, in conjunction with the new dealership, SMDH has terminated with effect from end-December 2019 its dealership agreement with Mitsubishi Logisnext Asia Pacific Ltd, which distributes the CAT Lift Truck brand in the region.

Teoh assured that SDMH remains committed to serving its existing CAT Lift Truck customers and fleet as per existing contracts.

Hyster-Yale Group is prominent in the materials handling industry with manufacturing facilities, service and product development centres on five continents around the world, specialising in all aspects of materials handling, including storage management, telematics, and process consulting, among others.

Gough Group Ltd, which was recently acquired by Sime Darby Industrial, is also a Hyster dealer in New Zealand.

just wait and see the show, continue to rise like Dayang :)

HSR to be restarted, another boost to YTL and MCement :)

at RM1.03 on Aug 5, 2019, now rebounded to Aug 5 punya price. uptrend continues :)

just the begining, ytl has the bullet, example in 2018 :)


30-Aug-2018 30-Aug-2018 Buyback 6,665,600 1.250 1.330 View Detail
30-Aug-2018 30-Aug-2018 Buyback 6,665,600 1.250 1.330 View Detail
03-Aug-2018 03-Aug-2018 Buyback 2,000,000 1.350 1.350 View Detail
02-Aug-2018 02-Aug-2018 Buyback 3,000,000 1.360 1.360 View Detail
01-Aug-2018 01-Aug-2018 Buyback 3,438,000 1.330 1.350 View Detail
31-Jul-2018 31-Jul-2018 Buyback 2,448,000 1.340 1.340 View Detail
30-Jul-2018 03-Aug-2018 Buyback 13,886,000 1.310 1.360 View Detail
30-Jul-2018 30-Jul-2018 Buyback 3,000,000 1.310 1.310 View Detail
27-Jul-2018 27-Jul-2018 Buyback 4,000,000 1.300 1.300 View Detail
26-Jul-2018 26-Jul-2018 Buyback 3,000,000 1.310 1.310 View Detail
24-Jul-2018 24-Jul-2018 Buyback 4,000,000 1.320 1.320 View Detail
23-Jul-2018 27-Jul-2018 Buyback 15,000,000 1.300 1.320 View Detail
23-Jul-2018 23-Jul-2018 Buyback 4,000,000 1.310 1.310 View Detail
20-Jul-2018 20-Jul-2018 Buyback 3,500,000 1.290 1.310 View Detail
17-Jul-2018 17-Jul-2018 Buyback 4,500,000 1.320 1.340 View Detail
16-Jul-2018 20-Jul-2018 Buyback 17,963,000 1.290 1.340 View Detail
16-Jul-2018 16-Jul-2018 Buyback 9,963,000 1.300 1.330 View Detail
13-Jul-2018 13-Jul-2018 Buyback 7,912,000 1.220 1.270 View Detail
12-Jul-2018 12-Jul-2018 Buyback 10,969,000 1.170 1.210 View Detail
11-Jul-2018 11-Jul-2018 Buyback 2,000,000 1.150 1.150 View Detail
10-Jul-2018 13-Jul-2018 Buyback 26,972,000 1.150 1.270 View Detail
10-Jul-2018 10-Jul-2018 Buyback 6,091,000 1.160 1.180 View Detail
06-Jul-2018 06-Jul-2018 Buyback 9,000,000 1.140 1.150 View Detail
05-Jul-2018 05-Jul-2018 Buyback 6,761,000 1.130 1.140 View Detail
04-Jul-2018 04-Jul-2018 Buyback 7,967,000 1.100 1.110 View Detail
02-Jul-2018 06-Jul-2018 Buyback 28,543,000 1.100 1.150 View Detail
02-Jul-2018 02-Jul-2018 Buyback 4,815,000 1.110 1.130 View Detail
29-Jun-2018 29-Jun-2018 Buyback 12,134,400 1.100 1.130 View Detail
28-Jun-2018 28-Jun-2018 Buyback 3,168,000 1.080 1.100 View Detail
26-Jun-2018 26-Jun-2018 Buyback 2,000,000 1.110 1.110 View Detail
25-Jun-2018 29-Jun-2018 Buyback 19,840,400 1.080 1.160 View Detail
25-Jun-2018 25-Jun-2018 Buyback 2,538,000 1.140 1.160 View Detail
22-Jun-2018 22-Jun-2018 Buyback 6,075,000 1.120 1.140 View Detail
21-Jun-2018 21-Jun-2018 Buyback 6,853,000 1.100 1.170 View Detail
20-Jun-2018 20-Jun-2018 Buyback 7,810,000 1.110 1.180 View Detail
19-Jun-2018 19-Jun-2018 Buyback 8,500,000 1.070 1.100 View Detail
18-Jun-2018 22-Jun-2018 Buyback 33,638,000 1.040 1.180 View Detail
18-Jun-2018 18-Jun-2018 Buyback 4,400,000 1.040 1.070 View Detail
14-Jun-2018 14-Jun-2018 Buyback 4,600,000 1.050 1.070 View Detail
13-Jun-2018 13-Jun-2018 Buyback 4,600,000 0.990 1.060 View Detail
12-Jun-2018 14-Jun-2018 Buyback 14,700,000 0.965 1.070 View Detail
12-Jun-2018 12-Jun-2018 Buyback 5,500,000 0.965 1.020 View Detail

now average price only, 82sen + Rm1.25/ 2 =RM1.035 :)

52 Weeks Range: 0.82 - 1.25

ytl will continue share buyback above rm1.1 , fingers crossed