Why keep on rantings issue{s} not related or irrelevant to the YTL group. If you are a shareholder definetly you will not run down or smear the counter which you have owned. Let's all shared positive and news related to YTL group. YTL was incorporated way back in 1955 by Yeoh Tiong Lay 2 years before Malaya gained Independence from the British. It's not the largest nor the biggest congolemerate or construction outfit listed on Bursa Malaysia. But I believed a company that managed to sustain itself for the past 69 years is certainly an achievement. This is the reason why I have invested in this company.

Without prejudice to any parties. Corporate Malaysia is a game intrigue like a script out of the movie wolves of wallstreet. BPlant is owned by LTAT { a government pension fund} vs a commercial private run entity. The deal for Bplant was aborted abruptly due
to politicians from PN group questioning the move by LTAT in relinquish their controlling stake in one of the oldest plantation companies in Malaysia. Bplant is a merger and acquisition of Barlow Boustead, Highlands and Lowlands estates into the present day Boustead Group. A legacy from the British planter's. The attempted hostile takeover of Palmco by Sime Darby { Owned by PNB} from IOI was derail by Tan Sri Lee personal hardworks. The amalgation of the 9 core banking groups initiated by BNM was a government run initiative to strengthen the fragmented numerous finance companies { which created many unhappy and dissatisfied parties} we need to distinguish between political interest, government directed policies and a strictly commercial entity. Just my 2sen rantings

Semi annual review of KLCI 30 will be announced in early December. By market capitalisation YTL is currently rank between 24 - 25 position as at 7 Nov 23. Stocks could be feature as FBM KLCI constituents..i.e if their rankings are at 25 or above. The cut off date for the review is 20 Nov. On Monday another push for YTL at closing will propel YTL to leap higher than the current 24 position. Just sharing my own thoughts on YTL what may or can happen. Not a buy call please do your own research before you buy or sell

after church service {weekend} Tan Sri & his family is often seen having lunch at his Starhill plaza. at times you too can bump into Tan Sri

To put the record straight. Myself is a planter and not a trader. Any similarity in writing is just plain coincidence. Buying & investing is just my interest. Nothing much nothing more.

Tan Sri Francis Yeoh style of managing is businesses is always a win win situation and beneficial to all the stakeholders. A trait he pick up at a very young age. How YTL took over the Starhill project is an interesting case study how our local business relationship works in Malaysia vs the confrontation or hostile takeover . Similarly the parcel of Kulai estate land YTLP bought over from Boustead. They signed an estate admin agreement with BEA to oversee the oil palm estate areages with Boustead. When YTL land acquired the Sentul land parcel in the capital. The squatters were relocated amicably. Both Tan Sri Francis Yeon and Tan Sri Hamdan { Group founder of RANHILL} may have map out their plans for YTLP and Ranhill resp. Each leveraging on their strength. For minorities the critical role is how the management can added value to the company {YTLP} and it's share price. Increasing it's stake to above >20% is not an issue. This is required if they need to factor in the share profit and equity accounting. The price they acquired from TAEL at 58 sen vs current valuation at 88 sen already showed a increase in valuation. Just my own 2 sen view. Please do your own research before you buy or sell

Good bargain for {Singapore neighbours} to invest & YTL or YTLP shares. Only cost them >S 0.47 cents. YTL group has a strong presence in the island republic. The iconic Orchard Boulevard built by YTL and not forgetting Seraya Energy Pte Ltd.. Not a buy call just sharing my own view

CGS - CIMB is double overweight on this few counters. Gamuda, YTL, Sunway. In it's recommendation the research house confidence is based on the underlying factor that the government strategies and directions have become clearer. The aggressive rollout of the development budget of 90 billion in the recent announcement is to kick start the economy sector. Not a buy call just my own personal view Please do your own research before you buy or sell

Jerome Powell hawkish stand on interest rate not positive for the market. He said " we have not finish with the rates to bring down inflation" is bad. US rates is now at 5.25%-5.5% =6.0%for mortgage loans

Jerome Powell hawkish stand not a positive sign too

Without prejudice. Technically all lands in Indonesia belongs to the State. Land ownership is granted for a maximum of 35 years and may be extended for an additional 25 years maximum at the discretion of the state. HAK MILIK HGU is the right to cultivate land under the state, HGB is the right to built and develop on the land. HPT the right to lease and cultivate on the land. Forest land cannot be cultivate for oil palm estate. Sounds very complex & complicated. Yes

Without doubt the HSR link between KL - Ipoh rail link is far easier to implement vs the HSR KL - Singapore rail link. Have a uncanny feeling that the PH government will implement the HSR KL - Ipoh rail link first follow later by the HSR KL-Singapore rail link. Distance, cost, overlapping jurisdictions and negotiations between 5 different stalk {state} holders and the government of Singapore is tedious and contentious. Just my personal view

Yes. In the ever changing world nothing remains forever. Rubber gloves used to be king maker but now replaced by nitrile gloves as the prefer choice. with new advanced technology synthetic rubber gloves is slowly creeping in. Harta has the biggest nitrile shares. Remember the names of Nokia & Motorola HP.

The High Court restraining order on KNM creditor's is removed. Bad for KNM based on current financial scenario. Just my personal take

A changing chameleon. Politician is like a chameleon { changing their stripes and narratives whenever or whatever time of the day} the end justifies the means

Bursa Malaysia normally adjust & review the KLCI on a semi annual basis. The last review was adjusted on 19 June. The next review will take place in December

November Mth - kick start & good times for YTL

What's worrying is emerging of new competitor & efficient entrants in the highly competitive chemicals industry . Apart from China, Thailand, Malaysia and now Vietnam is eyeing a part of the business. Vietnam is starting their trial in the Southern province of BA Ria. The integrated petrol chemical industrial complex built at a cost of USD 5.1 billion this month. The Southern petrochemical complex is developed Vietnamese owned Long Son company. Our MNC Petronas chemical is also branching out their industrial production of polymers which include olefind

LCtitan was on a down trend since 2021 after reporting operating losses for the past 7 or 8 consecutive quaters. There is a real strong possibility LCtitan core net loss to widen on higher oil price in the coming Q4. The margin and spread of naphtha polymer & glycol continued to decline and weaken which will impart and hit LCtitan bottom line negatively {Not forgetting the USD 2.5 billion denominated dollars loan}

No change in Bursa on having E-EGM or E-AGM. Bursa should adopt a flexible of having physical EGM or AGM. Let the minorities have the option to question the Board

Despite the ongoing Ukraine & Russia conflict for the past 21 months. Cpo and other soft oils have fallen off their peak is now trading at MYR 3,650.00 per tonne. SBO is now at their low end of USD 52 cents per IB. Brent crude oil despite all the analyst's bullish calls and US sanctions on Russia and Iranian oils. Crude oil is stuck at USD 88 per barrel. CPO has always been a price taker and not a price mover. TSH is heavily dictated by CPO prices

No point holding & getting the 3 sen dividend but a possibility of the price drop another 10 sen.

One of the merger terms HOA stated ekovest will issued a total of additional 1.15 billion shares to privately held Credence {CRSB} for thier 70%stake in the company. The 3 shareholders of CRSB is Lim Kang Ho {90%}, Keng Cheng {5%} and the remaining 5% to Lim Hoe. CRSB presently hold 63%,in privately held IWH which holds a 34% interest in public listed IW City. Sounds complicated

Gaza conflict is esclating the whole middle east with US { Israel} vs the rest of Arab world with Russia watching from the back

Will buy Mah Sing if price drop below <80 hold for long term

Yes. The interest rate for the USD 2.4 billion will be charged at SOFR + agreed margin spread of dollar denominated loans. Currently SOFR is at 5.4%+1% margin spread =6.4% in USD. The USD is now trading at 4.8 MYR . 20 year high vs our local ringgit

After the 5 :2 share consolidation. Expect Hisbiscus to pay out a more decent dividend. Dissapointed for the whole FY only declared 1.25sen per share. And the payment date only in January 2024 next year. Why can't the Board declared a higher quantum rate and paid out by end November { instead wait till next year}

Maybank investments see LOTTE CHEMICAL losses widenening & exoanding in the 3rd & 4th quarter of 2023. The investment bank estimated core losses for the cumulative 9 mth period would range betw 650 Million to 700 million. The research house has a sell call on LCtitan following the downward revision.

Without prejudice . The increased in SST rate from 6% to 8% have an impact on Genting bottom line. Previously the 6% tax is absorbed by the gaming Group. Whether the group continues to absorb the new tax rate of 8% is something to chew on. If they discontinue the practice. Customers may feel short changed when they patronised the gambling tables. From zero rate { the old 6% rate absorbed by Genting} outvof the blue 8% is suddenly imposed. The initial reaction will not be favourable or positive. Plus the so called toll levy on people driving up is a double whammy

The proposal to diversify and merge Ekovest business into a different listed units may not be the best interest for the minorities. Looking at their announcement.
Very limited information is provided or clarity on their proposed land deals between the related parties , valuations, private placements and number of shares issued plus Ekovest cash payment quantum to the parties concern. We need more than a so called valuation report to justify the amount paid out. Just my 2 sen

Property counters partly hit by nervous investor's interest after Country Garden { China largest property developer} missed it's final deadline on its off shore bonds interest payment. Malaysia have significant China developers presence. Sentiment will be hit on both buyer's and investor radar

Country Garden largest China property developer has missed it's final deadline { 30 days grace period} ~on a dollar interest payment denominated on off shore bonds. This may have an spill over effects on our property counters. Malaysia have significant China developers projects and sentiment will be dampened on both buyer's and developers interest

Coming 3rd Qtr Sep {2023} result will be announced by end Oct. The last 5-6 qtr result was bad. LCtitan posted negative and unfavourable performance due to challenging market conditions. Demand for polymer related product is lack lustre. The company may pay a token dividend payout to avoid further down grade by the IB's analyst. Just my 2 sen

No point writing after the EGM. Majority of minorities never turn up or voted. How they handled and disclosed the transaction sale of FBM Hudson needs more clarity. The board says they expects a loss of 95 Million to arise from the sale even with the higher price tag of 22 million Euto vs 12 million Euto previously announced. .

The Friday announcement by Anwar of the Mot 4% stamp duty imposed on foreigner's or non resident transaction for properties will affect our southern state of Johor. Our neighbours { Singaporean } are very sensitive & calculative over any additional levy and taxes they need to fork out

Listing in SGX due to KNM GROUP financial position and PN 17 status. Bursa listing are very clear on secondary listing of subsidiary. In addition KNM lmajority of their sales revenue is derives from the Borsig industrial group. Meaning the rest of KNM GROUP is dormant and lack lustre. We cannot rule out possibility of assets injection or private placement by the Board for shares in the KNM GROUP. Just my 2 sen worth

Wonder how many retail players KNM actually turn up to vote at the EGM. Looking at the numbers TY and the incumbents { with MAA backing} have the edge over Tengku Kamariah. Bekir Taib may be the king maker. Right now no one have the numbers yet. The whole EGM may be preemptive and futility. if the creditors reject KNM debt arrangement proposal. Both parties doesn't have the numbers. We the minorities if stand together can really make an impact. Pity the coming EGM is not help physically

List of all the eligible shareholders able to vote at the EGM is based on KNM share register..

Without prejudice looking at KNM financial is depressing and in a dire straits. Total borrowing's of 2 billion without any substantial turn around plans. Borsig creditors have ring fenced their debts. any cash raised if Borsig is sold go towards their debt settlement first. Peterborough plant at UK needs fresh funds to start. The Thailand ethanol plant that was mothballed for the past 2 years need cash. KNM needs more than the 2 billion cash to settle their debt default plus another 1 billion to rejuvenate or start thier Thailand and UK projects. KNM has defaulted on their loans. Banks or any financial institutions will have second thoughts on KNM. Just my own view

Come 16 Oct make sure we vote. Win or loss our vote counts. Then we know what's actual percentage the present board {incumbents} hold vs their challengers

Agreed. Only hot air blowing. Turn around {KNM} plan's still a long way to go. Just buy and sell whenever profit is there. TY helming MAA not that remarkable vs his peers. Sold off thier profitable unit trust & life insurance busineds. Till now nothing special or remarkable. MAA invested into education SJI and buying into KNM. 3 years yet KNM share prices still trending down and slip into PN 17 doldrums

Yes. Looking at their Financial { the last 2 years have been deteriorating and their business operation crimped by high inventories and lack lustre sales. This is without the interest cost added on for theit line plant expansion. Total group borrowing's USD 2.5 { 11 - 12 MYR} billion over 10 years is a drain on their P&L° not forgetting their competitor in China, Thailand & India has been ramping up thier own plant expansion. 2 years from now their buisness expansion may or maynot be exactly they forsee previously. Coming 3qtr result { ending 30th Sept} will be announced in late October. We may see another big hit on their bottom line

Just to share. The local casino duties have been raised to 35% from 25%{ based on gaming revenue} and gaming machine duties and taxes increased to 30% from 20%{ on gross collections } The possibility of another tax hike is very real. All this add on more operating pressure on Genting

Not a good time to buy. US market looks choppy facing lots of uncertainties & headwind. Our local market will be impacted if major correction in the US equities. Be conservative & prudent in your stock selection.

Traditionally Malaysia budget doesn't look good for gambling or alcoholic sectors. Expect Anwar to push for more taxation. Genting and other 4D counters may be on his list

Lim Kang Ho is not a greeh horn. He owns, hold and control multiple list of companies { listed and unlisted} thru numerous cross holding. PLC Listed on Bursa Malaysia. Example little known construction outfit Knusford and Ekovest, Property development IWC and unlisted IWH. Ekovest is buying 4 parcels of land { paying cash and Ekovest Shares} to Credence Resources Ssn Bhd { privately held by Lim Kang Ho. Ekovest { a construction company} also hold interest in PLS berhad a durian farm owned by Tan Sri. As a shrewd businessmen. Your interest comes first or his own business

Very obvious. Behind the facade hidden hands making a play for Knusfor today. Ekovest is being blind sided

Lim Keng cheng { Nephew of Lim Kang Ho} disposed off all his direct shareholdings { based on company submission on 26 Sep} Keng Cheng only hold { indirect interest thru Lim Seong Hai Holdings SB}

I may be wrong. EWI initial IPO was set at 1.20 per share. With the seed funds raised from their IPO. EWI invested the funds in land banks centre in London, Melbourne and Sydney area. They buy the land banks when the MYR was relatively stable and firm vs the Pound and Aud. Fast forward the losses brought forward by their JV projects impairment was write off. Unlike in Malaysia and certain parts of Asia. Properties in overseas { UK operations} you need to complete and finished the projects before they are allowed offer { for sale to the public.} Unlike our local properties scenario sell first before building it. After holding the development properties the last 2 - 4 years { delayed by the pandemic} the wait is over. Now EWI has in hand stock units which they can sell plus unutilised land banks { which they can hold or dispose off as and when is favourable. Right now our MYR vs Pound is at a new low { 5.73 } MYR vs USD { 4.70}. With the cash generated they can redeem and paid back whatever MYR borrowings. EWI income is in Pound and Aud. Impairment can be write back as and when circumstances permit. Land development projects takes betw 3-5 years { depends on the sizes}

Just an interesting business proposal. EWI list part of their Australia and London unit with their local partners on the London & Sydney bourse. ECOWORLD inject PART of their Singapore LAND bank into EWI.. EWI international with listing on London, Sydney & Singapore. Good idea with cross holdings and a value creation proposition. Friends just my own take and idea