Who is selling aggressively in the 2nd session?

@xiaochen, is the STAR news good news or bad news? I could not really understand. Please enlighten me. Thinking to add after states election.

OTB comment: I believe a bull market in KLSE will start in the second half of 2023.
This bull market will last a long one since KLSE was in a bear market in the last 10 years.
KLSE cannot be a bear market permanently, it is too long, a bull market will come back soon.
We should see the light at the end of the tunnel, a few good signals have appeared.

Agree: Historically, the Malaysia Stock Market (FBM KLCI) reached an all time high of 1896.23 in July of 2014. But whether or not a bull market will occur is still too early to tell.

@joni, Probably he just want to say

@joni, probably he just want to promote YTLP and asks investor to keep long 2023/24.

What do you all think will happen to the six state elections?
Kelantan, Terengganu & Kedah will 100% to be won by PAS. Penang will 100% be won by DAP_PKR. Khairy and Hishamuddin said UMNO will lose badly in the elections. If Negeri Sembilan and Selangor fall to Perikatan Nasional, the share market will meltdown.

@cwc1981
https://www.thestar.com.my/business/business-news/2023/06/30/bullish-dividend-plan-by-ytl-corp

I guess is 2.5 sen.

Pang72 : WOMEN IN RAIL MALAYSIA CONFERENCE 2023. Nothing to be joyful about.

Finally can see OTB here. Still missing "Duit KWSP Kita" (we call him Duit) and Icon8888. Hopefully, Duit and Icon are still around.

Missing hng33 very much. hng33 is now in all the gold counters, i.e. TOMEI, POHKONG & YXPM. To me, hng33 is really a very successful person.

Considered break the RM1.20 tower. Hopefully it will sail safely to RM1.29.

towel*

Over the other side, UEMS unexpectedly went up 0.045 sen when everyone has thrown the tower. UEMS is a GLC and dumped YTL who is expected to be given a slice of the renewable energy mega project.

Why everyone in UEMS knew about it but no one in YTL knew about it. 😥

Got killed by hng33 D-day (government annoucement for Renewable Energy award). It was given to UEMS and not to YTL.

I am afraid this coming quarter results (end of August) might be the final quarter results with flying colours.

To those traders who buy structured co-warrants, not only you do not get any dividend, your co-warrants value will go down by 10 sen.

The trouble of 9.5 sen dividend is that on ex-date the share price will be adjusted down 10 sen.

@speakup 700 competitors and the dateline.to submit the proposal is 15.11.2023. The probability to win is 1/700.

PRESS RELEASE

KL-SG HSR RFI Briefing Attracts Over 700 Local and International Participants

Kuala Lumpur, 27 July 2023: The Kuala Lumpur-Singapore High Speed Rail (KL-SG HSR)
Request For Information (RFI) briefing received an overwhelming response from over 700 representatives from local and international companies, as well as foreign missions, today. Hosted by MyHSR Corporation Sdn Bhd (MyHSR Corp) at the auditorium of the Ministry of Finance in Putrajaya, the briefing provided an overview of the RFI process, including the timeline for local and international firms as well as consortia to submit concept proposals for the KL-SG HSR project based on a public-private partnership model.

The concept proposal stage will start from the distribution of the RFI Documents from 11 August up to the closing date of 15 November for the submission.

During the briefing, MyHSR Corp shared that the project structure would be based on the Design-Finance-Build-Operate-Transfer (DFBOT) model, and participating firms and consortia must demonstrate the ability to develop this project with a proven track record, technical expertise, resources, and project management capabilities in order to complete this major infrastructure development within the budgeted cost, quality, and time.

https://www.myhsr.com.my/clients/MyHSR_C9A9D510-C802-4FEA-8DC3-05EA13351D53/contentms/img/press_releases/[Press%20Release]%20MyHSR%20Corp_RFI%20Briefing_ENG.pdf

@xiaochen, YTLPOWER got any share of this mega project?

The announcement will a more detailed announcement based on an earlier announcement as follows:

The Minister of Economy said the Government will be announcing some RM25b worth of national projects under the Energy Transition Roadmap (ETR). The first phase of the roadmap will consist of 10 national flagship energy transition projects to be developed with the participation of the private sector, as part of the Government’s structural reforms of the economy.
The exact details of the 10 flagship projects have not been shared, the Minister of Economy had indicated previously that total investments worth RM637b until 2050 is required to achieve the RE target, which includes investments in RE generation sources, strengthening of grid infrastructure including transmission lines enhancement, energy storage system integration and operation costs of grid system networks.
MIDF notes that there are pockets of opportunities within the sector, particularly in the RE space backed by strong Government support to develop a “green economy”. Top picks include YTL Power (BUY, TP: RM1.54) as a play into RE exports and the group’s new strategic focus on building up RE and data centre capacity.

https://www.businesstoday.com.my/2023/07/12/rm25-billion-energy-transition-roadmap-presents-pockets-of-opportunities/

Thank you Dragon328 for your councelling.

Thank you troy88 for your positive comment. Frankly speaking, I am now very nervous.

No contra. Just hold loh. What to do.

Adui, now down 4 sen already. All the gain on last Friday erased.

Aiyoo, last Friday so hard go up 4 sen. Today Monday morning already down 3 sen.

Anyone buying HumeInd and MCement? Dump by sharks to collect cheap, and might be pumped later.

Why cement company MCEMENT and HUMEIND are sold down for 2 days? Expand to Sarawak is good.

Closed at 1.15/1.16 where there is still a massive 21,973 sell queue.

Me too. Got surprise. Resistance seen only at 1.18. YTL go go go ...

20 July 2023 YTL closed at RM1.12.

Just sold down to 1.11. Hopeless.

@AgentBolt, previous all time high is 1.13. Today (before break), it just touches it and drop back. See how is the closing.

YTLPower benefited from the spike in YTL (Tokyo) but YTL (KLSE) is still struggling. Too many sellers queue.

Why Tokyo got show for YTL, here in KLSE got no show?

Closed at 1.10/1.11. Tomorrow is Awal Muharram holiday.

Cannot break new high. All the catalysts are meant for 28, 29 and 30 August 2023, where the bombastic final quarter results will be announced. Still got 6 weeks to wait. Massive roadblock at 1.11 and 1.12.

@hng33, But YTL still have not break new high to be higher than YTLPOWER.

YTLPOWER will be delisted. POWER SERAYA and Wessex Water will be listed.

The term 'share swap' is such that two entities agree to exchange the equity-based asset of one with that of the other. YTL shares have to be jacked up to RM1.25 to have a one-to-one share swap with YTLPOWER.

OBV stands for On-Balance Volume. It is used to predict bullish divergence where the price will break resistance.

Hopefully can reach RM1.20 when the final quarter result is announced in the fourth week of August.

Closing suppose to be RM1.13 but dump back to RM1.11. 😣

Can it retrace back to 1.05? I hope not.

The mother price (YTL) should be higher than the son price (YTLPOWER).

@hng33, why? Isn't it we wait together for the next quarter results? Ins't it we wait for RM1.10?

Really difficult to move up 1 sen. Eat 5000, EPF give back you 5000. Eat another 5000, EPF give back to you another 5000.

The gap between YTL and YTLPOWER is getting closer and closer. EPF still got two more months to dump all their YTLPOWER shares.

soon9913: This is a good new to YTLPOWER.

Ran271221, tak mengapa. Saya telah menelefon registrar. Nama saya terdapat dalam senarai penerima dividen.

By the way the 2.5 sen dividend from YTLPOWR is still not credited into my bank account. The announcement said the payment of the dividend is on 28 June 2023. How about you all?