https://www.thestar.com.my/business/business-news/2024/08/22/malaysia-shines-as-foreign-investors-return-peers-stumble?utm_source=Smartech&utm_medium=email&utm_campaign=dailynewsalert&utm_content=20240823&_sta=vhg.uosvpxQddhqne.jsu0sv%7CIFFUJVQ&stm_medium=email&_stm_source=smartech

The stock benchmark KLCI has risen more than 12% this year on the back of an AI-driven data center boom, outperforming the 6% rise in the MSCI Southeast Asia index .

Capital A has shown significant improvement in its financial performance, returning to core profitability in the first quarter of 2024 after more than four years of continuous losses. Despite reporting a headline net loss of RM91.55 million for 1QFY2024, the core net profit, excluding one-off items, was RM66.5 million. Bloomberg consensus projects a headline net profit of RM528.4 million for the full year 2024, a positive outlook compared to the RM837 million loss in FY2023.

The airline’s profitability has alleviated some concerns, although its debt remains a significant issue. The company is now generating enough cash to gradually pay down its debt. Analysts like Yin from Maybank IB emphasize the importance of maintaining discipline in capacity management to avoid market saturation and fare cuts. The exit of MYAirline Sdn Bhd has also helped control the market, preventing an oversupply of seats.

Capital A is working towards completing the sale of its aviation assets to AirAsia X by December, which is expected to significantly improve its financial position. The merger of Capital A’s short-haul airlines with AirAsia X is seen as a strategic move to convince shareholders of the company’s long-term viability. Additionally, AirAsia Group has been expanding its network and fleet modestly, focusing on sustainable growth rather than aggressive expansion, which has been well-received by analysts.

https://theedgemalaysia.com/node/722581

Cum to Air Asia..

Everyone can fly

Today Mabel Singapore Airlines climb 0.81% while Mabel Capital A climbs 0.63%...

PETALING JAYA: Several recent Malaysia Airlines (MAS) flights affected by technical issues have angered passengers and raised calls for clear contingency and emergency plans to be put in place.

https://www.thestar.com.my/news/nation/2024/08/23/have-proper-backup-plan-mas-told?utm_source=Smartech&utm_medium=email&utm_campaign=dailynewsalert&utm_content=20240823&__sta=vhg.uosvpxQddhqne.jsu0sv%7CIFFUJVQ&__stm_medium=email&__stm_source=smartech

https://www.thestar.com.my/business/business-news/2024/08/22/malaysia-shines-as-foreign-investors-return-peers-stumble?utm_source=Smartech&utm_medium=email&utm_campaign=dailynewsalert&utm_content=20240823&__sta=vhg.uosvpxQddhqne.jsu0sv%7CIFFUJVQ&__stm_medium=email&__stm_source=smartech

The stock benchmark KLCI has risen more than 12% this year on the back of an AI-driven data center boom, outperforming the 6% rise in the MSCI Southeast Asia index .

https://www.thestar.com.my/business/business-news/2024/08/22/malaysia-shines-as-foreign-investors-return-peers-stumble?utm_source=Smartech&utm_medium=email&utm_campaign=dailynewsalert&utm_content=20240823&__sta=vhg.uosvpxQddhqne.jsu0sv%7CIFFUJVQ&__stm_medium=email&__stm_source=smartech

The stock benchmark KLCI has risen more than 12% this year on the back of an AI-driven data center boom, outperforming the 6% rise in the MSCI Southeast Asia index .

https://www.thestar.com.my/business/business-news/2024/08/22/malaysia-shines-as-foreign-investors-return-peers-stumble?utm_source=Smartech&utm_medium=email&utm_campaign=dailynewsalert&utm_content=20240823&__sta=vhg.uosvpxQddhqne.jsu0sv%7CIFFUJVQ&__stm_medium=email&__stm_source=smartech

The stock benchmark KLCI has risen more than 12% this year on the back of an AI-driven data center boom, outperforming the 6% rise in the MSCI Southeast Asia index .

Wah....

80 sen oledi..

Must be Good QR!!!

Investorrr could be dragging down by issues Battersea Power Station JV in.UK with Sp setia
15/08/2024 12:28 PM

Between SP Setia and Sime Darby Property, SP Setia has been more affected (shares drop by more than 15%) than Sime Darby Property (drop by 2%) in the Battersea project:

Income Guarantee Agreement: SP Setia’s joint venture agreement for an office tower in Battersea Power Station included an income guarantee for a period of five years. Due to soft market conditions and low occupancy rates, the joint venture reported a significant loss of RM125 million. This agreement has had a more immediate and substantial financial impact on SP Setia compared to Sime Darby Property.

Higher Interest Rates: The higher interest rates in the UK have increased the project’s interest payments, further impacting SP Setia’s financial performance.

Market Reaction: The market reacted strongly to SP Setia’s financial results, leading to a steep decline in its share price by more than 15%, which triggered a suspension of short selling. This sharp decline indicates a lack of investor confidence, exacerbating the impact on SP Setia.

Accounting Impact: While both companies faced accounting impacts due to the International Financial Reporting Standards (IFRS), SP Setia’s losses from the joint venture were more pronounced.

In contrast, Sime Darby Property has managed to maintain a more stable financial performance, partly due to its diversified portfolio and strategic initiatives that have helped mitigate the impact of the Battersea project.

To Our Success !

Meow

Thanks OTB for the Great Insights...

Cheers!

Thank you dragon328 and YTL Fighters. You are the reason why I invested in YTL Power...

At current closing RM 4.20 and yesterday collection at RM 3.770, now Mabel can sleep like a baby...

Thank you also to the Short Sellers for pressing the price down..

To Our Success !

Meow Meow Meow

Thank you dragon328. You are the reason why I invested in YTL Power...

At current closing RM 4.20 and yesterday collection at RM 3.770, now Mabel can sleep like a baby...

Thank you also to the Short Sellers for pressing the price down..

To Our Success !

Meow Meow Meow

Wow RM 2.77 oledi

Target price derivation

(MYR m) Equity Value Stake Attri. value per share %
Power Seraya 18,435 100% 18,435 2.25 48%
Wessex 11,958 100% 11,958 1.46 31%
Mobile 155 60% 93 0.01 0%
Jawa Power 5,088 20% 1,018 0.12 3%
Data Centre 5,440 70% 3,808 0.46 10%
Attarat Power 8,193 45% 3,687 0.45 10%
Residual net cash -488 -0.06 -1%
Total equity value 38,511 4.70 100%

Commendable delivery; U/G BUY

YTLPs 4QFY24 results were in line as Wessexs return to profitability offset further tapering at PowerSeraya. This should alleviate investors concerns on earnings delivery. With share price having corrected by >30% from the peak, we believe risk-reward has turned favourable. Upgrade to BUY with a lower SOP-based TP of MYR4.70 (-10%). Potential re-rating catalysts include 1) affirmation of Wessexs recovery over the medium-term, and 2) positive progress on its AI compute business.

Source: Tiger Bank

Wah....

80 sen oledi..

Must be Good QR!!!

Weather Forecast stand to be correct...

YTL Power Average Price Target from 12 Analysts is RM 6.09 with a potential upside to reach RM 7.45..

To Our Success !

Meow Meow Meow

#myloh123 @ Dragon328 n OTB, how much u think d price will recover?
21/08/2024 9:30 PM

While waiting for Dragon and OTB...

This week KLCI rally lifted market capitalisations of Mabel’s three banks; Malayan Banking Bhd (KL:MAYBANK), CIMB Group Holdings Bhd (KL:CIMB) and BIMB (KL BIMB) to new record highs exceeding 52 weeks high..

https://theedgemalaysia.com/node/723308

So to answer your question, it will be great if YTLP can hit back at 52 week all time high which is at RM 5.44...

To Our Success !

Meow Meow Meow

Aha...Remember I have a good Sifu...

Thanks Mickey...

A Net Short Position refers to a situation where an investor holds more short positions than long positions in their portfolio. In simpler terms, it means the investor is betting that the price of the underlying assets will decrease. Here’s a breakdown:

Short Position: This involves borrowing shares and selling them with the hope of buying them back later at a lower price.

Long Position: This involves buying shares with the expectation that their price will increase over time.

When an investor is net short, they have more capital invested in short positions than in long positions. This positioning benefits the investor if the prices of the underlying assets fall, but it can lead to losing their panties if the prices rise

Yum Yum...

Haha Mickey better not short anymore otherwise someone will lose their panties..hihihi

The stock has risen 45.9% so far this year...

Today the stock will rise another....

Yum Yum :)

YTL Power declared a second interim dividend of four sen per share for the financial year ended June 30, 2024 (FY2024), payable on Nov 29. This brings its total dividends declared for FY2024 to seven sen per share.

Yum Yum :)

YTL Power will Power Up tomorrow. Those that bought during the bloodbath will smiles ears to ears. Thank you so much short seller for pressing the price down.

Keep OVERWEIGHT, Top Picks: Tenaga Nasional (TNB), YTL Power, and Samaiden Group. A year after the launch of the National Energy Transition Roadmap (NETR), we remain positive on the utilities sector. This is premised on:
i) The mushrooming number of data centre (DC) developments, which will ramp up the growth in electricity consumption;
ii) ii) continuous power grid upgrades, which will increase regulated net returns;
iii) iii) experienced independent power producers (IPPs) bridging the supply gap;
iv) iv) domestic renewable energy (RE) capacity additions anchoring contractors’ job flow.

Positive Spinoff will also go to the Construction and Property Companies like Gamuda, Sunway and Sime Darby Property where the stock rise today.

Wow Congrats YTL Power for achieving more than RM 1 Billion Net Profits for this Quarter!

Thank you Uncles and Aunties for matching Mabel's queue at RM 3.77 today

Thank you so much..

Meow Meow Meow

#Johnchew5 Hoho please do not call me Sifu as said earlier… pls see what ethical Sifu 3iii posted in TSH forum :

Hoho I learned from ethical Sifu 3iii by his posting during debated together against Calvin in Netx for 15 months :

Remember Do 3 Own : Own Homework, Own Analysis and Own Decision as only you know your Risk level and Holding power .



Decision: is changed Upon new information, new facts n figures.
21/08/2024 12:40 PM

Cheers Mickey!

That's exactly what's Mabel is currently doing...

To Our Success !

Meow Meow Meow

Johnchew5 Hoho btw Mabel , Ytlpower is 1 out of yr 77 investing stocks ?
21/08/2024 11:55 AM

Haha Sifu Mickey...Now Mabel a bit wiser after learning from you...

Those with * are the counters Mabel is holding...Mabel will continue to hold PN 17 Sapnrg and Capital A as its not so heavy holding this ship. Beside Mabel loves to see a complete turnaround of this honest and hardworking companies...

Pos Code Stock M-Cap L4Q P/E
1 1155 *MAYBANK* 118135461959.68 12.29
2 1295 PBBANK 81719012204.35 12.28
3 1023 *CIMB* 70593871096.70 9.86
4 5347 TENAGA 68984995902.32 26.50
5 5225 IHH 55219842743.01 16.28
6 5183 *PCHEM* 54960000000.00 31.41
7 6947 CDB 49037703389.84 31.30
8 8869 PMETAL 44081955112.30 29.05
9 5819 HLBANK 41750254149.84 10.67
10 6742 *YTLPOWR* 36125825721.96 10.69
11 6033 PETGAS 35656749108.30 18.76
12 3816 MISC 35219327582.67 17.98
13 4677 YTL 33427033750.20 9.03
14 5285 *SIMEPLT* 30636615682.43 15.07
15 4707 NESTLE 29828400000.00 45.20
16 6012 MAXIS 28038836053.80 28.26
17 1961 *IOICORP* 25455055929.75 28.70
18 2445 *KLK* 25276697918.00 32.71
19 6888 AXIATA 25250274175.50
20 1066 RHBBANK 23574914555.50 8.39
21 4863 TM 23447908790.80 12.44
22 4065 PPB 22619323130.10 15.92
23 5681 PETDAG 21697035360.00 22.44
24 5211 *SUNWAY* 19644237976.54 22.96
25 1082 HLFG 19324184427.60 4.42
26 4197 *SIME* 19151829191.37 5.00
27 3182 GENTING 17407263484.51 7.68
28 5014 AIRPORT 17019255206.40 31.33
29 7084 QL 15672751975.16 35.20
30 4715 GENM 15438916084.80 42.78
31 5296 MRDIY 14550607366.68 25.95
32 5398 *GAMUDA* 14540621082.75 16.17
33 1015 AMBANK 14052143738.56 7.62

To Our Success!

Meow

#twobits Mabel,

May i know whats your average buying price now?
seemed like you are buying non stop..

21/08/2024 11:10 AM

Mabel has been in and out of YTL Power as still blood bath at YTL Power. When this happens, it matters to do position sizing until it stabilised..

Mabel current average price is RM 3.818..

To Our Success !

Meow

Investing_Bursa Hahaja cannot tahan, masuk 3.81
21/08/2024 9:16 AM

Good entry price...

Mabel put a new queue at RM 3.770

Let's see whether any Uncles and Aunties want to sell today..

Thank you so much Uncles and Aunties for yesterday selling...

Meow

Maybank is a gems...

Maybank will report the next QR on the 28th of August. Time for benchmarking Maybank with Temasek Largest Banks

Singapore Banks’ Revenue:
DBS: Increased by 0.4% YoY to SGD 3,399 million
OCBC: Increased by 1.8% YoY to SGD 2,380 million
UOB: Decreased by 0.6% YoY to SGD 2,394 million

Dividends Declared by Singapore Banks for 1H 2024:
DBS:
1Q 2024: SGD 0.42 per share
2Q 2024: SGD 0.48 per share
Total for 1H 2024: SGD 0.90 per share.
OCBC: 1H 2024: SGD 0.40 per share.
UOB: 1H 2024: SGD 0.85 per share.

Expected Dividends by Malaysian Banks for 1H 2024:
Maybank:
First Interim Dividend: RM 0.29 per share in March 2024.
Second Interim Dividend: RM 0.31 per share in March 2024.
Total for 1H 2024: RM 0.60 per share.
CIMB:
Special Dividend: 7.00 sen per share declared in March 2024.
Second Interim Dividend: 18.50 sen per share declared in March 2024.
BIMB:
Second Interim Dividend: 4.22 sen per share declared in March 20245

It will be interesting to see how they compare when the results are announced next week.

To Our Success !

Meow

The FKLI took out two of our previous resistance levels yesterday, indicating that the bulls have gained the upper hand. The FKLI will continue to display choppy behavior in the near term as it works to establish a new base after its recent breakouts.

pang72 As a whole, banking up is bull..
So, let's wait for 1st liner taiko mbb and cimb have a rest because week of bullish... for past 4 weeks..

2nd liner banking in focus now!
20/08/2024 3:39 PM

Indeed. Very stable..

BIMB also did great this week and today it continue to climb by another 1.49%

As for YTLP, today is a very good day to collect at bargain price as it went down more than 9%..

The switching to bank make a purrfect entry to collect back YTLP after locking profits in early July to BUY Banks Stocks...

To Our Success !

Meow Meow Meow

Good Sharing OTB...

Agreed..

In the 2024 Paris Olympics, both the United States and China performed exceptionally well. They tied for the most gold medals, each winning 40. The United States, however, led the overall medal count with a total of 126 medals (40 gold, 44 silver, and 42 bronze), while China secured 91 medals in total (40 gold, 27 silver, and 24 bronze).

The competition between these two nations was intense, coming down to the final events of the Games. The U.S. clinched its 40th gold medal in women’s basketball, securing a tie with China

The possibility of China causing the United States to lose the 2028 Olympics in Los Angeles is always there when the intention is clear and when the Needs out class the Wants..

If China can do it so can Malaysia!

Very good closing at RM 3.860

Thank you so much YTLP Operators..

You are the Best !

Really Good day to collect at bargain price...

Previously, technical analysis-oriented investors were skeptical about YTL Power's stock price trajectory, citing the formation of a bearish Double Top pattern. This classic technical pattern usually signals the end of an upward trend, suggesting that the market could reverse from bullish to bearish.

While the Double Top pattern typically points to a potential decline, YTL Power's stock price has already accounted for this negative outlook. After breaking the neckline on August 2, this blue-chip utility stock quickly hit the Double Top's downside target within just two days ...

Looking forward, YTL Power's stock price has recently found robust support following a sharp decline, ...

In summary, after a significant drop, YTL Power has established a strong support level …

Resistance: 4.625
Support: 3.905"

Meow

Haha those were the days Sifu Mickey...

Now Mabel has leaned a lot from you...

To Our Success!

Meow

# LY Hoh Now days the Sapura NTAB (0.2300), anyone Sifu can explain what happen to the next? Thank you.
19/08/2024 5:13 PM

Sapura Energy Berhad’s Net Tangible Asset Backing (NTAB) is actually -0.2300. This negative NTAB indicates that the company’s liabilities exceed its tangible assets.

Sapura is currently undergoing the biggest in corporate restructuring exercise in the history of Corporate Malaysia due to long term legacies contract awarded during TS Sharil’s time with risk taken by contractors. Right now they are Renegotiate all bad contract beside completing those projects.

As Mabel shared earlier, to turn around this National Treasure into a viable company, Sapura Energy needs to focus on several key strategies based on our recent AGM:

PN17 Progress: Company Turnaround Efforts are underway to turn the company around. The company is on track to exit PN17 next year. Key steps include debt restructuring, a solid business plan, and securing 75% lender support for PRS.

White Knight Support: White Knights remain committed with letter received in Feb this year, providing significant assistance while remaining anonymous. A regulation plan will be submitted to Bursa for approval by year-end.

Challenges: Despite facing a substantial debt of 10.8 billion with banks, credit facility suspensions, industry downturn, and contractor risks, the company has secured financial support from lenders and vendors.

Operational Focus: The focus now shifts to margin improvement rather than top-line growth. Positive results are expected in subsequent quarters. SAP transform from negative cash flow has now generated more than 1.5 billion positive cash flow.

2024 Outlook: Despite geopolitical and supply chain challenges, new contracts are anticipated to boost cash flow and working capital. Total Project bids is worth RM 23 Billion with RM 7 Billion Order Booked. Imagine if they have secured the bank guarantee, they would have taken in more than RM 10 billion contracts across the Globe..

To Our Success to save this National Treasures!

Meow

Mun Peng MYR strengthening against SGD, they scored record profits was partly due to SGD being strong previously.
19/08/2024 9:44 PM

Indeed Mun Peng...

The Malaysian Ringgit (RM) has been performing well against the US Dollar (USD) recently. Over the past month, it has appreciated by 6.2% against the USD and has recovered 7.79% from its low earlier this year.

If the Federal Reserve decides to lower interest rates in September, it could potentially weaken the USD, making the RM stronger in comparison. Lower interest rates in the US typically lead to a weaker dollar because investors might seek higher returns elsewhere, including in emerging markets like Malaysia. This could further boost the RM’s performance.

With the GDP Forecast being revised upward, we will get there..

To Our Success !

Meow Meow Meow

OTB The actual Q2 2024 GDP growth announced today is 5.9%.
This high GDP growth is the highest in the Asian region.

I believe this high GDP growth announcement today will help to move up the KLSE stock market as a whole.
I believe 2H2024, KLSE will perform better than 1H2024.

Good luck.
Thank you.
16/08/2024 1:56 PM

+1 just to add Sifu OTB...

The highest point for FBMKLCI index in 1H2024 is 1,638 and today it closed at 1648. In 2013, the GDP growth was only 4.69%, the FBMKLCI index closed at 1,867.

The actual Q2 2024 GDP growth announced last week is 5.9%. Given the strong Q2 2024 GDP growth of 5.9%, which is the highest in the Asian region, the positive momentum could continue.

Historically, the stock market tends to anticipate economic performance by 6 months to a year. With the current economic indicators and investor sentiment, it’s possible that the FBM KLCI could continue to rise. Analysts often look at various factors, including corporate earnings, global economic conditions, and investor sentiment, to predict future movements.

If the Federal Reserve lowers interest rates, it could further boost global equity markets, including the FBM KLCI. However, it’s important to remain cautious as market conditions can change rapidly.

Given the current trajectory and economic conditions, it’s plausible that the FBM KLCI could aim for levels closer to its historical highs, potentially reaching or even surpassing 1,700 by the end of the year, depending on how these factors play out.

https://www.nst.com.my/business/corporate/2024/06/1060340/analysts-raise-their-year-end-targets-fbm-klci-1700-1750-points

To Our Success!

Meow

#dragon328 Rotational plays by foreign funds is one of the reasons, today they have switched to banking stocks very obviously.

Another reason for the drop in YTLP shares is likely due to rampant short selling activities. RSS on YTLP increased by another 1.1 million shares today, bringing total NSP to over 18m shares.

I expect most of these short positions to be closed out once Q4 result is out.
19/08/2024 5:16 PM

Touche dragon...

One man’s poison is another woman’s meat...

Mabel is so apy with today's collection..

To Our Success !

Meow

The_JQuestion ringgit is so bullish ...... i reckon it will reach 4.2 or even below at the END of the year. noone foresee it that good , good for cap A and its plans together with AAX. HOLD , good times and amazing FUTURE is coming !!
15/08/2024 5:18 PM

Yes Sir!!!

Now you know why our Capital A soooo steady..

The Malaysian Ringgit (RM) has been performing well against the US Dollar (USD) recently. Over the past month, it has appreciated by 6.2% against the USD and has recovered 7.79% from its low earlier this year.

If the Federal Reserve decides to lower interest rates in September, it could potentially weaken the USD, making the RM stronger in comparison. Lower interest rates in the US typically lead to a weaker dollar because investors might seek higher returns elsewhere, including in emerging markets like Malaysia. This could further boost the RM’s performance.

With the GDP Forecast being revised upward, we will get there..

To Our Success !

Meow Meow Meow

#Yezzy99108 just doesn't feel right, Mother keep going up & son YTLP keep dropping daily.
Normally Mother & Son will move parallel
19/08/2024 12:04 PM

It should follow. Mabel Yinson Mother and Son both move in tandem with each others. Both have been climbing since last week..

Haha anyway, some nice Uncles and Aunties matched Mabel's queue for YTL Power at RM 4.32,RM 4.31 and RM 4.30...

Thank you so much allowing Mabel to re-enter after locking profit in early July to buy Maybank, CIMB and BIMB shares..

Loves YTLP Operators..

Looking forward for another exciting QR!

To Our Success !

Meow Meow Meow

Meow Meow Meow

Meow Meow Meow

Meow Meow Meow

Moving forward…

Time for our plantation to break new frontiers to cover these 52% increase in Production cost. Beside CPO, Plantations can be potentially significant renewable energy players in mid to long to long term. Palm oil wastes to energy, vast landbank for solar energy, CPO for biodiesel like B20 and B60 etc ,

Johnzhang Plantations can be potentially significant renewable energy players in mid to long to long term . Palm oil wastes to energy, vast landbank for solar energy, CPO for biodiesel etc ,
15/06/2024 12:46 PM

+1

Moving forward…

Time for our plantation to break new frontiers to cover these 52% increase in Production cost. Beside CPO, Plantations can be potentially significant renewable energy players in mid to long to long term. Palm oil wastes to energy, vast landbank for solar energy, CPO for biodiesel like B20 and B60 etc ,

Moving forward…

Time for our plantation to break new frontiers to cover these 52% increase in Production cost. Beside CPO, Plantations can be potentially significant renewable energy players in mid to long to long term. Palm oil wastes to energy, vast landbank for solar energy, CPO for biodiesel like B20 and B60 etc ,

Moving forward…

Time for our plantation to break new frontiers to cover these 52% increase in Production cost. Beside CPO, Plantations can be potentially significant renewable energy players in mid to long to long term. Palm oil wastes to energy, vast landbank for solar energy, CPO for biodiesel like B20 and B60 etc ,

Moving forward…

Time for our plantation to break new frontiers to cover these 52% increase in Production cost. Beside CPO, Plantations can be potentially significant renewable energy players in mid to long to long term. Palm oil wastes to energy, vast landbank for solar energy, CPO for biodiesel like B20 and B60 etc ,