Followers
16
Following
0
Blog Posts
54
Threads
1,452
Blogs
Threads
Portfolio
Follower
Following
2023-11-07 16:40 | Report Abuse
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
2023-11-07 16:37 | Report Abuse
https://theedgemalaysia.com/node/689104
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
2023-11-07 16:37 | Report Abuse
https://theedgemalaysia.com/node/689104
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
2023-11-07 16:28 | Report Abuse
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
In a filing on Monday, Edaran said the contract, which was awarded by the Ministry of Finance, started on Sept 1 and will span a period of four years.
2023-11-07 16:27 | Report Abuse
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
2023-11-07 16:26 | Report Abuse
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
In a filing on Monday, Edaran said the contract, which was awarded by the Ministry of Finance, started on Sept 1 and will span a period of four years.
2023-11-07 16:25 | Report Abuse
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
In a filing on Monday, Edaran said the contract, which was awarded by the Ministry of Finance, started on Sept 1 and will span a period of four years.
2023-11-07 16:24 | Report Abuse
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
2023-11-07 16:21 | Report Abuse
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
In a filing on Monday, Edaran said the contract, which was awarded by the Ministry of Finance, started on Sept 1 and will span a period of four years.
2023-11-07 16:20 | Report Abuse
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
In a filing on Monday, Edaran said the contract, which was awarded by the Ministry of Finance, started on Sept 1 and will span a period of four years.
2023-11-07 16:20 | Report Abuse
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
2023-11-07 16:19 | Report Abuse
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
In a filing on Monday, Edaran said the contract, which was awarded by the Ministry of Finance, started on Sept 1 and will span a period of four years.
2023-11-07 16:18 | Report Abuse
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
In a filing on Monday, Edaran said the contract, which was awarded by the Ministry of Finance, started on Sept 1 and will span a period of four years.
2023-11-07 16:17 | Report Abuse
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
2023-11-07 16:11 | Report Abuse
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
In a filing on Monday, Edaran said the contract, which was awarded by the Ministry of Finance, started on Sept 1 and will span a period of four years.
2023-11-07 16:09 | Report Abuse
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
In a filing on Monday, Edaran said the contract, which was awarded by the Ministry of Finance, started on Sept 1 and will span a period of four years.
https://theedgemalaysia.com/node/689104
2023-11-07 16:08 | Report Abuse
https://theedgemalaysia.com/node/689104
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
In a filing on Monday, Edaran said the contract, which was awarded by the Ministry of Finance, started on Sept 1 and will span a period of four years.
2023-11-07 16:07 | Report Abuse
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
In a filing on Monday, Edaran said the contract, which was awarded by the Ministry of Finance, started on Sept 1 and will span a period of four years.
https://theedgemalaysia.com/node/689104
2023-11-07 16:05 | Report Abuse
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
In a filing on Monday, Edaran said the contract, which was awarded by the Ministry of Finance, started on Sept 1 and will span a period of four years.
2023-11-07 16:02 | Report Abuse
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
In a filing on Monday, Edaran said the contract, which was awarded by the Ministry of Finance, started on Sept 1 and will span a period of four years.
https://theedgemalaysia.com/node/689104
2023-11-07 16:00 | Report Abuse
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
In a filing on Monday, Edaran said the contract, which was awarded by the Ministry of Finance, started on Sept 1 and will span a period of four years.
2023-11-07 15:59 | Report Abuse
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
In a filing on Monday, Edaran said the contract, which was awarded by the Ministry of Finance, started on Sept 1 and will span a period of four years.
“Proceeds from the contract shall contribute towards the earnings of the group for the financial year ending June 30, 2024 (FY2024) until FY2027,” Edaran said.
https://theedgemalaysia.com/node/689104
2023-11-07 15:59 | Report Abuse
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
In a filing on Monday, Edaran said the contract, which was awarded by the Ministry of Finance, started on Sept 1 and will span a period of four years.
“Proceeds from the contract shall contribute towards the earnings of the group for the financial year ending June 30, 2024 (FY2024) until FY2027,” Edaran said.
https://theedgemalaysia.com/node/689104
2023-11-07 15:56 | Report Abuse
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
In a filing on Monday, Edaran said the contract, which was awarded by the Ministry of Finance, started on Sept 1 and will span a period of four years.
2023-11-07 15:56 | Report Abuse
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
In a filing on Monday, Edaran said the contract, which was awarded by the Ministry of Finance, started on Sept 1 and will span a period of four years.
2023-11-07 15:53 | Report Abuse
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
In a filing on Monday, Edaran said the contract, which was awarded by the Ministry of Finance, started on Sept 1 and will span a period of four years.
“Proceeds from the contract shall contribute towards the earnings of the group for the financial year ending June 30, 2024 (FY2024) until FY2027,” Edaran said.
https://theedgemalaysia.com/node/689104
2023-11-07 15:43 | Report Abuse
https://theedgemalaysia.com/node/689104
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
At 9.50am, the stock pared some gains to settle at 68.5 sen, which is still 17 sen or 33.01% higher than 51.5 sen at the end of trading on Monday.
Based on its share price of 68.5 sen, its market capitalisation was RM40.70 million.
The counter was the second top gainer on Bursa Malaysia, as well as the seventh most active stock with 17.57 million shares traded — almost 300 times its 200-day trading average volume of 59,385.5 shares.
In a filing on Monday, Edaran said the contract, which was awarded by the Ministry of Finance, started on Sept 1 and will span a period of four years.
“Proceeds from the contract shall contribute towards the earnings of the group for the financial year ending June 30, 2024 (FY2024) until FY2027,” Edaran said.
For the fourth quarter ended June 30, 2023 (4QFY2023), the company’s net profit quadrupled to RM1.06 million from RM201,000 a year ago, on the back of a doubling in revenue to RM20.71 million from RM10.90 million in 4QFY2022. Earnings per share rose to 1.83 sen from 0.35 sen.
For FY2023, the group’s net profit also jumped four-fold to RM2.03 million from RM520,000 a year ago, while revenue grew by 44.86% to RM69.43 million from RM47.93 million.
2023-11-07 15:38 | Report Abuse
https://theedgemalaysia.com/node/689104
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
At 9.50am, the stock pared some gains to settle at 68.5 sen, which is still 17 sen or 33.01% higher than 51.5 sen at the end of trading on Monday.
Based on its share price of 68.5 sen, its market capitalisation was RM40.70 million.
The counter was the second top gainer on Bursa Malaysia, as well as the seventh most active stock with 17.57 million shares traded — almost 300 times its 200-day trading average volume of 59,385.5 shares.
In a filing on Monday, Edaran said the contract, which was awarded by the Ministry of Finance, started on Sept 1 and will span a period of four years.
“Proceeds from the contract shall contribute towards the earnings of the group for the financial year ending June 30, 2024 (FY2024) until FY2027,” Edaran said.
For the fourth quarter ended June 30, 2023 (4QFY2023), the company’s net profit quadrupled to RM1.06 million from RM201,000 a year ago, on the back of a doubling in revenue to RM20.71 million from RM10.90 million in 4QFY2022. Earnings per share rose to 1.83 sen from 0.35 sen.
For FY2023, the group’s net profit also jumped four-fold to RM2.03 million from RM520,000 a year ago, while revenue grew by 44.86% to RM69.43 million from RM47.93 million.
2023-11-06 22:49 | Report Abuse
Easy to say will reach RM2.90 soon. Now want to float above RM2.30 also difficult. Bears are so powerful.
2023-11-06 22:44 | Report Abuse
Really don't know what to do. Step by step dump from 2.31 to 2.30 to 2.29 to 2.28 to 2.27 to 2.26 in the last 30 minutes. From green to two reds (left and right). I think it is due to T + 2 and short selling.
2023-11-06 18:17 | Report Abuse
https://theedgemalaysia.com/node/688302
CGS-CIMB Research (Oct 23): According to a media release by Energy Market Authority (EMA) on Oct 23, Singapore’s Ministry of Trade and Industry and EMA are looking to set up an entity (Gasco) that will centralise the procurement and supply of gas for the power sector. Gasco will aggregate gas demand from power generators (Gencos) and purchase the required volumes on their behalf. This compares with the current framework that allows Gencos to procure their gas volume requirements independently based on their own commercial terms.
This is similar to the temporary price cap implemented in July, with the new framework looking set to further curb excessive volatility in Singapore’s electricity prices. It may also, in our view, create a more level playing field among the Gencos as it would effectively eliminate any gas price advantage. Profit margins would, therefore, need to be driven mainly by plant efficiencies.
According to management, YTL Power International Bhd’s (YTLP) earliest gas contract expiry is end-2025, with some stretching to 2028/29. We do not expect any notable impact on YTLP’s near-term earnings, but longer-term margins could normalise from the elevated levels enjoyed in recent quarters.
2023-11-06 17:23 | Report Abuse
https://theedgemalaysia.com/node/688302
CGS-CIMB Research (Oct 23): According to a media release by Energy Market Authority (EMA) on Oct 23, Singapore’s Ministry of Trade and Industry and EMA are looking to set up an entity (Gasco) that will centralise the procurement and supply of gas for the power sector. Gasco will aggregate gas demand from power generators (Gencos) and purchase the required volumes on their behalf. This compares with the current framework that allows Gencos to procure their gas volume requirements independently based on their own commercial terms.
This is similar to the temporary price cap implemented in July, with the new framework looking set to further curb excessive volatility in Singapore’s electricity prices. It may also, in our view, create a more level playing field among the Gencos as it would effectively eliminate any gas price advantage. Profit margins would, therefore, need to be driven mainly by plant efficiencies.
According to management, YTL Power International Bhd’s (YTLP) earliest gas contract expiry is end-2025, with some stretching to 2028/29. We do not expect any notable impact on YTLP’s near-term earnings, but longer-term margins could normalise from the elevated levels enjoyed in recent quarters.
2023-11-06 13:36 | Report Abuse
pang72
Superhot 11 days to pump up YTL and YTLPOWER till 20 Nov 23.
As exciting as SUPERMX, TOPGLOV & HARTA inclusion into KLCI 3 years ago.
====================================
6 November 2023
Half a day wasted. The expected excitement did not materialise to YTLPOWER. It is still sleeping at 2.29/2.30. 😥
2023-11-06 11:42 | Report Abuse
@OTB, thank you for your comforting words.
2023-11-06 09:20 | Report Abuse
Surprising low volume at unchanged 2.28/2.29.
2023-11-05 17:14 | Report Abuse
Next year 2024, many will pick YTLPOWER and YTL.
2023-11-05 17:06 | Report Abuse
Next week 9 Nov 2023 (Thursday) is ex-dividend of 3.5 sen. Share price on this day will be adjusted -4 sen at opening price. If closing can go back up 4 sen, good.
2023-11-05 15:25 | Report Abuse
@ cgtan2020, I help pang72 to translate from Madarine to English. Can you please ask pang72.
2023-11-05 14:18 | Report Abuse
pang72
RESEARCH CONTENT (English) | | 03 NOV 2023
YTL Power and YTL to make hot debut: they may become the new favourites of the KLCI Index
FTSE Russell will announce the results of its upcoming semi-annual review of the FTSE Bursa Malaysia Index Series on Thursday, 7 December 2023. We anticipate that the review will use market capitalization data as of the close of business on Monday, 20 November 2023, four weeks prior to the effective date of the review. All component changes under review will be effective on Monday, 18 December 2023. The market is closely watching this review because of the impact it may have on KLCI index-linked products such as the FTSE 30 ETF and KLCI index-linked funds.
Let me briefly review the rules for additions and deletions from KLCI, the rules and regulations for the FTSE Bursa Malaysia Index, if a company’s market capitalization rises to 25th or higher, it will be included in FBM KLCI during the period of regular review; if a company’s market capitalization falls to 36th or lower, will be removed during regular review. In addition to market capitalization ranking, companies need to meet two other criteria for inclusion in KLCI, namely 15% or more of free float shares and sufficient liquidity.
As of 30 October 2023, YTL Power and YTL are currently sitting at the 23rd and 25th positions in the market capitalization rankings respectively, taking into account the recent significant share price gains. Therefore, based on market capitalization, both YTL Power and YTL are eligible for inclusion in the KLCI index.
Westports, on the other hand, is currently at the 36th position in the market capitalization rankings. Therefore, it is possible to be removed from the KLCI Index. To ensure that the same number of constituents are included and removed during regular reviews, the stock with the second lowest ranking among the current KLCI constituents will be removed, and Dialog may also face the risk of being removed from the index.
It should be noted that this is only a preliminary estimate based on market capitalization data as of the close of 30 October 2023. There are still 11 trading days until 20 November 2023, and many changes may occur in the market during this period. However, I think stocks about to be included in the KLCI index are likely to attract more buying momentum over the next 11 trading days as speculators do not want to miss this opportunity.
2023-11-05 14:01 | Report Abuse
pang72
RESEARCH CONTENT (English) | | 03 NOV 2023
YTL Power and YTL to make hot debut: they may become the new favourites of the KLCI Index
FTSE Russell will announce the results of its upcoming semi-annual review of the FTSE Bursa Malaysia Index Series on Thursday, 7 December 2023. We anticipate that the review will use market capitalization data as of the close of business on Monday, 20 November 2023, four weeks prior to the effective date of the review. All component changes under review will be effective on Monday, 18 December 2023. The market is closely watching this review because of the impact it may have on KLCI index-linked products such as the FTSE 30 ETF and KLCI index-linked funds.
Let me briefly review the rules for additions and deletions from KLCI, the rules and regulations for the FTSE Bursa Malaysia Index, if a company’s market capitalization rises to 25th or higher, it will be included in FBM KLCI during the period of regular review; if a company’s market capitalization falls to 36th or lower, will be removed during regular review. In addition to market capitalization ranking, companies need to meet two other criteria for inclusion in KLCI, namely 15% or more of free float shares and sufficient liquidity.
As of 30 October 2023, YTL Power and YTL are currently sitting at the 23rd and 25th positions in the market capitalization rankings respectively, taking into account the recent significant share price gains. Therefore, based on market capitalization, both YTL Power and YTL are eligible for inclusion in the KLCI index.
Westports, on the other hand, is currently at the 36th position in the market capitalization rankings. Therefore, it is possible to be removed from the KLCI Index. To ensure that the same number of constituents are included and removed during regular reviews, the stock with the second lowest ranking among the current KLCI constituents will be removed, and Dialog may also face the risk of being removed from the index.
It should be noted that this is only a preliminary estimate based on market capitalization data as of the close of 30 October 2023. There are still 11 trading days until 20 November 2023, and many changes may occur in the market during this period. However, I think stocks about to be included in the KLCI index are likely to attract more buying momentum over the next 11 trading days as speculators do not want to miss this opportunity.
2023-11-05 09:25 | Report Abuse
@cgtan2020, thanks for the info.
2023-11-04 17:53 | Report Abuse
YTLPOWER and YTL to replace DIALOG and WESTPORTS. ValueInvestor888 said the cut-off date is on 16 Nov 2023.
2023-11-04 17:45 | Report Abuse
Companies in KLCI (3 September 2023):
1 MAYBANK
2 PBBANK
3 CIMB
4 TENAGA
5 PCHEM
6 IHH
7 CELCOM DIGI
8 HLBANK
9 PMETAL
10 PETGAS
11 MISC
12 MAXIS
13 SIMEPLT
14 NESTLE
15 IOICORP
16 RHBBANK
17 KLK
18 PETDAG
19 PPB
20 AXIATA
21 HLFG
22 TM
23 GENTING
24 SIME
25 GENM
26 MRDIY
27 QL
38 AMBANK
29 DIALOG ???
30 WESTPORTS ???
2023-11-04 17:30 | Report Abuse
1 MAYBANK $108,783,334,059.84
2 PBBANK $80,942,584,534.95
3 CIMB $60,791,107,665.60
4 TENAGA $57,236,712,204.19
5 PCHEM $56,880,000,000.00
6 IHH $52,665,808,948.74
7 CDB $49,741,593,869.12
8 HLBANK $41,490,127,955.76
9 PMETAL $39,879,750,045.52
10 PETGAS $33,836,315,746.50
11 MISC $32,183,948,272.63
12 MAXIS $31,249,987,668.90
13 SIMEPLT $29,806,729,930.31
14 NESTLE $28,796,600,000.00
15 IOICORP $24,637,980,060.40
16 RHBBANK $24,003,549,365.60
17 KLK $23,847,252,337.10
18 PETDAG $22,710,358,440.00
19 PPB $21,338,984,085.00
20 AXIATA $20,652,940,309.50
21 HLFG $20,035,644,899.40
22 TM $19,451,554,293.60
23 YTLPOWR $18,600,715,922.64
24 YTL $17,195,509,250.40
25 GENTING $15,701,429,200.95
26 SIME $15,539,562,475.56
27 GENM $14,429,448,494.64
28 MRDIY $14,160,696,063.00
29 QL $13,555,470,264.23
30 AMBANK $12,759,611,649.40
31 KLCC $12,456,798,272.70
32 GAMUDA $12,438,420,181.48
33 AIRPORT $12,247,189,530.88
34 HAPSENG $11,751,297,071.76
2023-11-03 01:11 | Report Abuse
Francis Yeoh only gets 58 sen. 58 sen means what?
2023-11-02 16:28 | Report Abuse
Is it that YTLPOWER wants to privatise RANHILL?
2023-11-02 16:18 | Report Abuse
Dear dompeilee, payment will be made after 10 days of acceptance. May I know is it 10 ordinary days or 10 market days?
2023-11-02 13:41 | Report Abuse
hng33 has sold at 78.5 sen. Be cautious.
Stock: [SMRT]: SMRT HOLDINGS BERHAD
2023-11-07 16:41 | Report Abuse
https://theedgemalaysia.com/node/689104
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.