The Indonesia HSR rail link between Jakarta - Banding was financed by China Development Bank and a state run fund KCIC { 60 % Indonesia and 40% balance hold by China Railway Engineering} most likely the HSR rail link may take a leaf from Indonesia

Without prejudice or disrespect to any parties. Beryaya led rail group consortium submitted the RFI proposal on 15 Jan. Based on My HSR announcement only short listed company or consortium will only be invited to submit the RFP proposal after evaluation. Berjaya rail group has team up with multiple partners. IJM, MRCB, KTMB, Hitachi Rail, Hyundai Rotem and Deutsch AG unit DB { GMbh } engineering. Whereas YTL group is said to partnering with China CRRC { world largest rolling rail stock manufacturer } under I belt 1 road project initiated by the Chinese government. Soft loans and financing is undertaken by CCB { China Construction Bank} which is involved with ECRL. At this point we can only guess the group that has the expertise and proven TRACK record and deep pockets will be the winner in this beauty contest. Based on latest news announcement Berjaya group returned to the black in the first quarter { Sept 30} with a profit of RM 15.8 million against a net loss of RM - 16.4 in the same quarter last year. Financial wise Berjaya led group of multiple partners needs a huge cash injections from 5 or 6 it's partners. The HSR link cost is estimated anything between RM 100-120billion. the total outlay may even exceed RM 200 billion for the 10 year timeliness. We are not privy to the terms and requirements. We can ONLY make our own calculated guess. Just sharing my own 2 sen view & ideas

Read the HLIB upgrade. Potentially YTLP has more legs to go with the rise of AI manufacturing. Imagine the low start up cost of DC {YTLP with Nvidia} vs US other DC. Nvidia {Jensen Huang} may push YTLP as his manufacturing hub. The opportunities is endless

looking at 3.00 YTL and 4.50 for YTLP previously { this is before HLIB new price call of YTLP at 5.15 issued today. } more positive news coming. Look at the sustain buying interest

YTLP needs to break 4.00 follow by. YTL at 2.50. coming CNY we can see both YTLP/YTL hitting thier targeted price if their Qtr result is better than analysts forecast. Not to discount a surprise interim dividend pay out. Coming qtr result is expected to announce on 23 Feb. A big Ang pow coming

Bison bull. The objections was raised by Tough & Go {at that point of time} the only card payment accepted at all the highways. Cash was phase out { by the high way operators } but during holidays season the free flow of the toll cards operated was jam due to in sufficient cash, card failures, the inadequate lanes for smart tag and the RFID sensor.. Touch & Go has stop the sale of smart tag to promote their RFID. Motorist question why the restrictions of other forms of payment except for touch & go. The proposal was drawn up based on our Southern neighbours electronic multi payment channels but operated by a single clearing company like a clearing house. Teras technology developed the payment card and Rangkaian Segar Sdn bhd { now known as Touch & "Go sdn bhd} operated the system. Touch & Go is a wholly owned subsidiary of CIMB group thru a joint venture with TNG and Ant group { TNGD}

Have confidence in YTLP. Look at the numbers. Despite 8-12 LD counters at the Bursa the past 4 days. YTLP holding well with marginal day to day fluctuations

The parcel of land is owned by Iskander Coast sdn bhd which is 80% owned by PDT { Johor State arm } and 20% by IWH {LKH} The land is earmark for mixed commercial & residential usage cater for first time buyer {M40 group} to be park under ECO Botanic 3. What's interesting the S&P comes with a conditional agreement that EWD pays 30 million fee { as nomination fee} to PDT plus a sum equivalent to 20 % profit under each phase to PDT. Looks like the biggest beneficiary is PDT { Johor State arm} whereas EWD as the turn key project needs to do all the leg work. Good or bad Mr Market will decide

It's normal to lock part of the profit. Maybe half of the position and the rest for long term. Nothing wrong it's all depends on your position

Based on market YTLP has more support vs YTL. Technically YTL the holding company has more core business & diversity. Nevertheless YTL and YTLP has plenty of opportunities going forward

If it's strictly based on private initiatives on HSR { DFBOT} hard to think of any companies willing to participate without government support. You need deep pockets and the expertise to design-built - operate-transfer { DFBOT} model

HSR Project time line is clearly stated RFI { Request for information} is open to any parties that are interested. The last date for submission on the RFI is yesterday I. e. 15 Jan 2024. Under the second stage of the project if the response is positive then RFP { Request for Proposal } stage. Participating companies are required to submit all the details. The Transport ministry and the Cabinet will then discuss and deliberate on each of the project submission presented by MyHSR Corp chair by the Prime Minister for the design - built - operate - transfer {DFBOT} model.

Without prejudice or disrespect to any parties. In any market there are always winners and losers. Shorts position is good if the
companies fundamentals are not solid and growth is muted. A short position need to cover at some point if tine. Imagine if your short position worsen. Either you cut your position {losses} or bear with more losses. Within the market there are players too who like to play and push up the market knowing the shorts are weak whereas the bulls are strong.

The IB's will increase and revised their TP for YTLP once the 2qtr result kicks in. You cannot put a lid on the price cap when foreign funds are investing & accumulating YTLP or YTL shares. Last round the foreign funds have no exposure { due to their investment mandate} that only allow them invest or trade in the FBM Bursa KLCI 30 companies

Just to add on. The 2quarter result ending Dec 31 will be announced in February. Tentatively maybe on or before 22 or 23 Feb right after the CNY holidays. Prior to the spike in stock prices. IB's have issued lots of YTL/YTLP call warrants. This is part of the reason IB's are slow or refused to raise their TP price despite their exponential growth in the earnings and profit. As a thumb of rule IB's grades and revision is based on a company growth projections, profitability and financial vs it's peer within the same sector. TENAGA was given a much higher PER vs YTLP low PER

RHB is of view that YTLP is now view as a MSP { managed service
provider} for Nvidia Is positive. A MSP is a company that have ties with their principal to manage the customer IT system infrastructure and end user system. Commonly government agencies do engaged MSP to run day to day services that is inclusive of network, security, infrastructure monitoring and specific segments like IT, storage, analysis and using specialised set of AI to run. Does it means YTL group is targeted for the certain engagements by the Government. Cgtan202 your article on the MSP throws a new light what's may buzzling around

True. The price is still undervalued vs it's peer. In Singapore, UOB kay Hin initiates a buy on Keppel DC REIT with a TP of SinDollar $2.10. Keppel DC REIT focus is on rental of collocation data { accounts for 65% of its income} whereas YTLP have the diamond in the park JV venture with Nvidia AI hub plus it's own DC centre spread across KL, Johor and Singapore. YTLP is now only price at SinDollar $1.05. Talk about mi's match pricing between a pure play DC hub vs REIT DC. Now we understand why neighbours are jumping on board. Not a buy call just reposting part of the news {from Edge, Singapore} today.

Totally agreed XiaoChen with your views. In any platform there is always a few disgrunted guys posting undocumented or their own ideas. Just do our own research and separate what's right and what's illogical. Right now I am looking at the YTL group financial balanced sheet, bank borrowings, cash in hands, total assets vs total liabilities etc their corporate governance on anti bribery & corruption. Sustainability and carbon consulting for the future plus analysts recommendations. Very clearly documented and stated

Using Rapid synergy or Pertama digital as a comparison is rather contentious. Without disrespect or prejudicw to any parties. YTL and YTLP was added to the FBM Bursa KLCi and MSCI list of largest 30 companies. MSCI and FBM KLCi Bursa 30 lists of companies are used as a benchmark for ETF index and large investment banks or retirement funds for their investment. YTLP and YTL group was ranked 23 and 25 on the list with a market cap of between 14 - 15 billion. YTL group started off as a construction in 1955 and from a single listed construction outfit in the early days and transform itself into a respected leader in construction, land development, hotel, 5G communication, cement industrial production, water services provider, power generation and oil production { not forgetting the ERL link which YTL has been operating} With operations & sales centre in Singapore, UK, Australia, Jordan and locally. A multi national {MNC} which Nvidia { Jensen Huang} JV venture in colaboration to advance A1 developmentin Malaysia. Based on YTL { Francis Yeoh} Bloomberg interview. YTL group has and always prudent on their 7 - 8 Billion cash reserve which they have build up for any strategic investment. A point to note this is strictly my own personal take and view on the YTL group

Yes. Not to mention a real possibility of a sovereign state investment fund's holding a strategic stake in YTL /YTLP

Not to mention 90 % of the business income is generated overseas { I. e. SINGAPORE, UK, Australia, Jordan} only between 3%-5% thru domestically. Plus a cash pile of between 7 - 8 Billion strategic reserve.

YTL core business is in AI, DC, power generation, shale oil gas production, water treatment , cement manufacturing, construction, Properties & land development, hotel management. ERL at KLIA, HSR will fit in the business plan

Now we understand while the persistent buying from our down south neighbours

Government have revamp and launch the much anticipated NETR phase 2 program with multiple tax initiatives under the 6 energy transition levels with 5 enablers and 10 flagship programs. Plus renewable energy throw in. TNB and YTL is the prime beneficiary based RHB - OSK report dated 10January. With upside potential and upgrades throw in the valuarions

Genting stake in Empire resort stake consist of RW Catskills, RW Hudson Valley and the soon to be open RW New Yoke City site. What's worrying RWCatskill and RW Hudson is only 1-2 hours from RW New York

Mr fox. Very popular beatles song....

Ytlp owns and operate DC at Johor {500MW of renewable energy using solar power facility at the site} YTL Sentul DC{ this is different having 500 racks splits into 4 data halls} up to 5MW. Not forgetting the bigger Singapore DC house {12.5 MW} at Tagore Lane split into 9 data halls. The key point is the DC is equipped and encapsulated with cross border fibre linking within Klang valley to Johor as well neighbouring Singapore. This is a unique feature which cater to different needs and or capacity. This DC are designed to optimise energy efficiency and reliability. Not a buy call just sharing information extracted from their YTLP website

Any long term investor will not be happy with LK T to pump in additional USD 100 million in the Empire resort by subscribing thru preferred stock options with 2038 as the maturity date { with an option to convert the shares in 2030} Genting is holding 49% and the balance 51% is owned by Kien Huat { LKT family owned Co. } in short Genting as the minorities is shouldering the Empire Resort cash call

Yes. For long term play { not short term contra}

Normal for any market to take profit after a sharp increase in volume and prices. Accordingly to MIDF market data there was a sharp increase in average daily trading volume with foreign buyers seeing the biggest increase at 50.8% over the 5 day week. By sector the net foreign inflows were the highest in utilities sector. Now we can see why YTL group attracted so much focus

Without prejudice or disrespect to any parties. YTL and YTLP emerged as the clear winner in the newly minted FBM Bursa KLCi 30 list. Now YTL and YTLP is reclassify as Big Cap with capitalisation above 10 billion. Remember the FBM Bursa KLCi 30 is widely track by funds manager and investment manger. Currently YTL and YTLP is rank between 23 and 25 placing. The list is top heavy with financial services provider. Here the investment fraternity insurance, retirement have more options rather just invest in banks, Petronas group or TNB. All funds like to have a diverse portfolio. Here YTL and YTLP is in a sweet spot

Hitting above 1500+ for FTSE Bursa KLCI not an issue. The financial services sector is the largest component constitute> 21% of the CI index. Consumer products comes in second place. constitute around 16%. The 5 largest companies on the finance list. MAYBANK, PBB, CIMB, HLB and RHB. TENAGA and Petronas group are consider heavy weights on the index.

The strong Sing Dollar vs our MYR has led to unconsciously that our YTL is undervalued vs it's Singapore peers. Look at the counter YTL is trading at very low PER at S$0.63 cents and YTLP at S$O. 98 cents vs China S share listed companies.

We must remember. Datuk Amir Hamzah was appointed by DSAI as Minister of Finance II in December cabinet reshuffle. Datuk Amir was the CEO of KWSP. He played a pivotal role in the growth and success of KWSP despite the pandemic outbreak. This year KWSP may possibly declared one of its highest pay out rate for KWSP members { rumored 6% - 6.5% }° KWSP has yet to announced the new CEO replacing Amir Hamzah. He was the CEO from 2021 till Dec 2023 before his Cabinet appointment

This morning BFM interview with Mr Anand { Head of EQUITY Research Maybank Kim Eng } don't write off Asean Equity. More legs
& upside can be seen in Vietnam , Indonesia and Malaysia. Selected banking, energy, consumer stocks and of course DC is in the play. One interesting point he bought up. Malaysia bourse have only a few potential winning counter{s} or companies. If you are in the running stay with the stock. The stock he mentioned is YTL. Not a buy call just reposting part of the broadcast

Remember to add up the free cash flows arising from thier business operation's are denominated and park in SGD, Aud, USD, and Pounds. High interest rate enviroment is positive for YTL group who has a cash pile reserve of between 7-8 billion. Even at a token rate of 3% the interest earned from their reserve is staggering { convert back to MYR}

Yes. Sustain buying of YTL & YTLP and by this few book maker{s} certainly have deep pockets.

Dragon 328. Just to add on YTLP and YTL Seraya started to export 100MW electricity to Singapore on a commercial basis for a 2 year trial period starting from Jan 2023 thru the newly installed upgraded interconnector thru Pasir Gudang. The first for Singapore buying and importing electricity from Malaysia

Possibility of a sovereign wealth fund buying YTL. Remember YTLP and YTL Seraya signed a 2 year deal with Singapore to supply 100MW of electricity on a commercial basis via the newly upgraded interconnector starting from January 2023

Rise of AI is fueling massive surge in demand for DC in Asia but MNC tech companies faced a dilemma when it comes to settling on locations. It makes economic sense to build a consolidated facility that can serve multiple markets but governments in the region are restricting cross border data flows. China and Vietnam have tightened regulations in the name of national security. Now we understand why Nvidia pick YTL as their JV partners in Malaysia serving multiple markets. Full report is published Nikkei

you need to buy and accumulate 2,000 YTLP units at 2.50 and let go at 3.00 to make a million . Your initial cost is already 5 million on a single counter. You need to be in the class of Peter Lim { Singapore }

Good afternoon. Without prejudice or disrespect to any parties. Issue of company call warrants is not feasible and practical for any growth stock. Warrants are issued by a company to facilitate or tap into the market without incurring or upping their share base unlike a private placement or rights. IBs fwe are based on the size of the issue and the prevailing interest rate structure which the banks internal backroom calculate upon with a assumption on the tenure of the warrants. KWSP has outsourced a number of IB's to manage their fixed income and trading account funds. This are split into capital growth stock's, trading stocks and dividend stocks with different holding period. Maybe at times when the shares are disposed is to lock in their profit {as mandated under by KWSP} with the individual funds. Same goes for ETF funds where the stocks are pick and based on certain criteria

Xiaochen. I am not too optimistic on the PADU rollout. Looks easy but with 39 or 40 fields to fill and updated is not a easy task. tough choice for many less tech savy. Inaddition the accuracy of the data relies heavily on the respondents. Eversince the pandemic a large number of workers are in the gig economy {and not cover per see in the economy} if one is getting the BRIM assistance { a person may be tempted not to report his earning or side income} which may disqualify him from getting the BRIM assistance. Looking at their website PADU is the centralised collection data agency but the actual disbursement for the eligible and targeted groups are thru another agency. So it's good? I have no answer

Valuation of data centre in the past is based or calculated on income capitalisation. In addition other source income is generated by renting out any excess space as a fixed percentage of the data space to third parties. Al generative data centres is highly sought by tech providers { Nvidia or AMD}. YTLP is in a sweet spot. 5G telco, power generation, water services provider, digital bank and not forgetting their Jordan JV shale oil mining

YTLP nett profit ending 30 June for FY 2023 surged to a record profit of MYR 2.03billon vs 1.48 Billion recorded in FY 2022. What's interesting 74% of the revenue comes from their Singapore operations, 20% from their UK and only 3% from their Malaysian and other countries. Which indirectly means the weakening ringgit in the 2half of 2023 is positive for YTLP bottom line.

Dragon328. Thanks for the update on YTLP forward price earnings explanations. Tech analysts are now trying to contemplate the earnings potential of AI generative data centre which has seen a surge in demand across countries. All available DC space are either leased out or farm out based on each DC individual load capacities. The Nividia tie up is a masterstroke.

Otb. I cannot recall 100% what transpired or said at the Bloomberg broadcast. But without doubt Francis Yeoh mentioned he will look into increasing the pay out while maintaining a prudent cash strategic reserve. The quantum the higher the better.

Yes. Xiao Chen looks tough for people that are not savy or articulate in BM.

In the Bloomberg interview { Francis Yeoh} did mention the possibility of a higher dividend payout ratio of 10 sen per share for YTLP while prudently maintaining a healthy strategic cash reserves. Last year YTLP pay out 6 sen { 3.5 + 2.5} in Nov and June respectively. If coming Dec 2qtr profit is higher than what was projected. Another additional dividend announcement will be positive. Remember now YTL group is part of the FTSE /MSCI Bursa 30 KLCI and Malaysua ETF index

Yes. Wishing all our YTL group bros and sister a happy, prosperous and productive 2024.