KUALA LUMPUR (Sept 26): Malaysia is now more selective in choosing foreign direct investment, with a focus on projects that would greatly benefit the country, especially in the field of artificial intelligence (AI) and data technology, said Prime Minister Datuk Seri Anwar Ibrahim.

He said the opening of a data centre that used to depend on cheap energy and water to move and cool the operating system is now no longer sufficient.

"Now, if you want to [establish] a data centre, you must have AI,” he said, referring to projects like Nvidia's in Johor.

https://theedgemalaysia.com/node/728036

https://theedgemalaysia.com/node/727794
Malaysia best placed to get lion's share of Asean's data centre development, says Maybank

Singapore data centre firm buys land across Asia, including Malaysia, to serve AI demand
https://theedgemalaysia.com/node/727210

When is next from ytl power

hi @dragon, any call warrants expiring this month that the share price of ytl power still need to overcome?

Oracle bullish guidance up to 2029
https://www.cnbc.com/2024/09/12/oracle-shares-gain-on-higher-fiscal-2026-revenue-forecast.html?qsearchterm=oracle

@dragon, does this means data centres continue to be in high demand?

https://theedgemalaysia.com/node/725121
The top three sectors net bought by foreign investors were financial services (RM1.30 billion), utilities (RM259.7 million), and construction (RM88.7 million).

The sale performance of properties at Brabazon, a development by YTL in the UK, has shown significant progress and success since its inception.

Current Sales Performance
Completion and Occupancy: As of 2023, over 140 new homes have been completed in the Hangar District, with 35 new residents moving in this year alone. The first phase of construction is nearing completion, and more than half of the 300 properties in this phase have already been occupied.

Future Developments: The second phase of new homes is under construction, with the first units expected to be completed by 2025. This phase aims to enhance community living with features like shared gardens and public spaces.
Market Response: The Brabazon project has been well-received, achieving sales targets even during challenging market conditions, such as the pandemic. This success is attributed to effective marketing strategies and the establishment of a strong brand for the new development

https://theedgemalaysia.com/node/725074
Global investors are boosting exposure to Indonesia and Malaysia on bets the two markets will benefit more than their developing-nation peers as the US Federal Reserve (Fed) looks set to embark on monetary easing.

good morning dragon. can share your thought on the q2 nvidia results?

many thanks dragon for sharing the link.
1. usd590 million revenue from 48mw so 1mw equivalent to usd12 million, do you think is too high?
2. ebitda 82%? equinix ebitda only 47%
i stand guided thanks

in the computation of 1.8b profit annually what is the roi ? from the investment in 200mw data centre. thanks

one mw of ai data centre can generate how many revenue? how to estimate revenue of a data centre? thanks

Morgan Stanley names Nvidia a top pick, says sell-off is overdone and it’s a great time to buy
Published Wed, Jul 31 20247:34 AM EDT
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John Melloy
@johnmelloy
WATCH LIVE

AirTrunk opens AI-ready data centre in Malaysia
https://theedgemalaysia.com/node/720925

@dragon328
this one not AI DC ?

a gem only when they are able to differentiate distinctly from those in china

https://theedgemalaysia.com/node/720085
YTL Cement to acquire 81% stake in Singapore firm for RM792 mil for IBS expansion

this company has a track record for constructing 76 units of data centers.
https://www.easternpretech.com.my/track-records/

The house said it is avoiding all names under its coverage, namely Hartalega Holdings Bhd (KL:HARTA) (underperform; target price or TP: RM2.33), Kossan Rubber Industries Bhd (KL:KOSSAN) (underperform; TP: RM1.48), Top Glove Corp Bhd (KL:TOPGLOV) (underperform; TP: 75 sen) and Supermax Corp Bhd (KL:SUPERMX) (underperform; TP: 83 sen).

https://theedgemalaysia.com/node/719944

now you can find gx bank in grab app
next time you can find our digital bank in shopee app

digital bank run by sea limited

https://www.maribank.sg/
https://www.seabank.co.id/
https://www.seabank.ph/

https://www.ytlaicloud.com/

the ecosystem is here ..

Sea Limited
Service revenue 2021 2022 2023 (in US thousand)
E-commerce 4,071,856 6,187,620 7,885,185
Digital Financial Services 469,747 1,221,996 1,759,422
Digital Entertainment 4,320,013 3,877,163 2,172,009
Other Services(1) 23,014 53,557 125,769
Sales of goods(2) 1,070,560 1,109,369 1,121,175
Total revenue 9,955,190 12,449,705 13,063,560

Sea Limited
Gross margin: 2021 2022 2023
Services:
E-commerce 9.4 21.0 34.4
Digital Financial Services 77.6 79.2 84.1
Digital Entertainment 71.5 72.2 69.0
Other Services (32.6) (1.5) 37.2
Sales of goods 6.3 10.5 8.4
Total gross margin 39.1 41.6 44.7

its digital bank business good margin

GX Bank

Online savings account with daily interest returns.
3% p.a. daily interest. No minimum balance. No limits. No lock in periods.
Saving should be this simple.

The only unlimited cashback card.
Earn unlimited 1% cashback every. single. time you pay with our debit card.

Real?

GXBank | Malaysia's first digital bank
https://gxbank.my/

Johor is the fastest growing market within Southeast Asia with over 1.6GW of Total Supply. The market has been the largest beneficiary of Singapore’s moratorium on data centres since 2019 and experienced exponential growth as it absorbed the spillover demand from regional tech companies and OTTs. To date, the market has evolved uniquely as a
build-to-suit market and there have been no signs of slowing down. Interest is diverting out of existing data centre clusters as international operators and CSP players start to land bank in anticipation of future demand.

Johor grew from a baseline of less than 10MW of Live Supply and the majority of growth in Total Supply occurred in the last three years after the announcement of the moratorium in Singapore. The current clusters are located in Sedenak
Tech Park, Nusajaya Tech Park, and YTLGreen Data Centre Park. Surrounding areas or regions offering land with power are beginning to see heightened interest as activities continue to intensify.

https://www.cnbc.com/2024/07/11/uk-economic-growth-may-2024.html
UK economy returns to growth in May, beating expectations as British pound hits four-month high

because theedgemarket was not invited to the briefing by Wessex

against sgd no big impact
31/3-3.50182
30/6-3.48031
down 0.6% still high level

epf sold down from 5% to 3%
pnb sold down from 7% to 2%

epf could be buying bac again

many foreign funds already in since Q3 last year. local funds late know late wake up.
william blair investment bought 4.88 mil shares
grantham mayo van bought 5.67 mil
royal london asset management bought 4.20 mil
blackrock now holds 62.4 mil
dimensional fund advisors holds 9.39 mil
american century investment holds 3.96 mil
many more foreign funds
local funds not visible in fact some already cashed out when rising

right policies!

https://theedgemalaysia.com/node/717533
Fund with 24% returns bets on long-term stock rally for Malaysia

another utility giant in the making

Electricity System Reforms. APAC markets, including mainland China, Malaysia, and Taiwan, have implemented significant reforms to their electricity systems. These reforms provide renewable-energy developers with new ways to sell power, including directly to companies, replacing traditional offtake mechanisms such as feed-in tariffs (the price renewables developers are paid for selling power to the grid) and grid-reliant power purchase agreements (PPAs). The reforms encourage innovation and flexibility and boost market efficiencies, thereby creating a more supportive environment for renewables developers.

Regional Power Trading. The growth in cross-border regional power trading is helping to encourage the development of renewable-energy projects. Recent initiatives include the expansion of a regional power grid serving members of the Association of Southeast Asian Nations (ASEAN). In addition, under a renewables pilot project, Singapore is importing up to 100 megawatts of hydropower from Laos via Malaysia and Thailand using existing grid infrastructure. Policymakers in the East ASEAN Growth Area (EAGA) are also developing a legal framework for renewable-energy certificates that promises to boost demand among companies in the EAGA.

i believe ytlp is also looking to expand its footprints in re.

https://www.cnbc.com/2024/07/01/google-invests-in-blackrock-backed-solar-developer-in-taiwan-amid-ai-boom.html

the operating profit and cash flows are strong, could expect higher dividend or will it be used to repay debts?

https://www.nems.emcsg.com/nems-prices
The USEP data here tally with EMA

thanks for sharing @ probability

as sg is thirsty for cleaner and renewable energy, the company is expected to benefit from sg power market

they are importing 100mw from tenaga and seling it to singaporean

Jan Feb Mar Apr May
2024 107.7 135.7 235.1 288.7 240.9

USEP looking good!

Money from dividend being rushed to buy its shares

Money flowing out from gloves to utilities and semicon sectors

the selling pressure will continue till next q results, if there is no positive development

supermax's explanation in the latest q quite frank. no surprises this year and 2025 only can do is cost control and adjustment to depreciation rates. honestly no one knows what is going to happen beyond 2025. glove counters' premium now need more justification.

PM to announce semiconductor strategies later on Tuesday
https://theedgemalaysia.com/node/713247

China creates US$47.5b chip fund to back nation’s firms
https://theedgemalaysia.com/node/713068

supermax will face greater challenges with the US factory

you are not in you are out !

Al transformed products are expected to enter the market in a big way.

Chips market recovery is just starting.