3) DUE TO THE UNFORTUNATE INCIDENT (involving other 3rd parties) OF "SMUGGLED PROHIBITED AI CHIPS TO CHINA (TRANSITING MALAYSIA) US GOVT HAD ANNOUNCED IT MAY RESTRICT AI CHIP EXPORTS TO MALAYSIA.
HOW WILL THIS AFFECT YTLPOWR AI-DC TIE UP WITH NVIDIA???

SUMMARY OF POSITIVE AND NEGATIVE FACTORS/NEWS AFFECTING YTLPOWR'S BUSINESS AND PROFITABILITY-

POSITIVES:-

THE 2 NOTABLE ANALYSTS HAD ELOQUENTLY PRESENTED ALL THE FACTORS (BUSINESS AND PROFIT GROWTHS) OF THE LAST 2 YEARS AND WHICH HAD PUSHED UP IT'S SHARE PRICE FROM ABOUT RM0.60 SEN TO ITS HIGH OF RM5.44.

ITS SHARE PRICE HAD SINCE RETRACED DUE TO THE RECENT BAD NEWS:-

NEGATIVES:-

1) OUR MUCH STRONGER RINGGIT. THE UPWARD TREND OF THE FX VALUES OF OUR RINGGIT WILL TRANSLATE ITS EARNINGS FROM ITS OVERSEAS MAJOR SUBSIDIARIES IN SPORE, UK, JORDAN TO MARKEDLY LOWER LEVELS
(TO BE SEEN WHEN IT RELEASED ITS NEXT Q RESULTS (AS AT 30/9/24)
ON 23/11/24
2) MAAC INVESTIGATIONS INTO ALLEGATIONS OF : quote "INCORRECT CLAIMS OF RM2.7 BILLION
UNDER ITS 1BESTARINET CONTRACT" unquote

MAAC'S ONGOING PROBE WILL TAKE TIME
THE NEGATIVES LIES IN THE UNCERTAINTIES OF MAAC'S FINDINGS
THERE CAN POSSIBLY BE MANY RISKS. BUT ONE WHICH IS VERY CONCERNING COULD BE :
" WHAT WILL BE THE IMPACT IF MAAC'S FINDINGS LEAD TO THE GOVERNMENT DEMANDING A REFUND OF , SAY, JUST 20% OF THE RM2.7 BILLION PAID CLAIM. WHAT WILL HAPPEN TO ITS FINANCIAL RESULTS?

21 hours ago


Aero1

https://www.ft.com/content/e910b9a2-ce6b-48b0-af45-0c55ca723395

You, a rube, might think that Nvidia is a big fat bubble, given that it’s worth almost as much as the entire UK stock market, trades at over 40 times next year’s forecasted earnings and even has its own earnings parties, spivvy support act and a monstrous options ecosystem.

20 hours ago

Economist Who Called '08 Recession Warns Stocks in 'Mega-Bubble' https://www.businessinsider.com/stock-market-crash-economist-who-called-2008-recession-mega-bubble-2024-10

The US risks being caught off-guard by a recession with the labor market far weaker than most realize, strategist says https://www.businessinsider.com/us-recession-risk-soft-landing-labor-unemployment-rate-consumer-confidence-2024-10

"U.S. eyes stricter Nvidia export controls
The U.S. government is also considering extending these export controls to other countries in the region, such as Malaysia, Indonesia, and Thailand."
https://www.devx.com/news/u-s-mulls-stricter-export-controls-on-nvidia/#:~:text=U.S.%20eyes,Indonesia%2C%20and%20Thailand.

"U.S. eyes stricter Nvidia export controls
The U.S. government is also considering extending these export controls to other countries in the region, such as Malaysia, Indonesia, and Thailand."
https://www.devx.com/news/u-s-mulls-stricter-export-controls-on-nvidia/#:~:text=U.S.%20eyes,Indonesia%2C%20and%20Thailand.

https://www.theinformation.com/articles/nvidia-ai-chip-smuggling-to-china-becomes-an-industry

https://www.theinformation.com/articles/nvidia-ai-chip-smuggling-to-china-becomes-an-industry

Massive Cyber Attack On Iran’s Nuclear Facilities Amid Rising Tensions With Israel

https://youtu.be/Im7sfl_1rFY?si=URg6oSG8RUOlPF84

https://sundayguardianlive.com/top-five/israeli-attack-on-iran-imminent-with-us-coordination

https://news.sky.com/story/uneasy-calm-wont-last-long-israels-next-move-could-bring-even-bigger-war-13232379

https://www.marketwatch.com/story/jpmorgan-ceo-dimon-cash-is-very-valuable-when-the-future-looks-treacherous-dc00ce7b

YES. US STOCKS ARE AT EXTREME RECORD HIGHS.
ON BALANCE DOWN SIDE RISKS HIGHER.
CAN CORRECT DOWN STILL DESPITE POSITIVE ECONOMIC NEWS.
Especially with GEOPOLITICAL RISKS GETTING WORSE IN MID EAST N UKRAINE N CHINA SEA TENSIONS

NEGATIVE IMPACT ON YTLPOWR'S SPORE SERAYAPOWER's EARNINGS AS PROGRESSIVELY HIGHER RM VALUES WILL ERODE AND WEAKEN ITS NEXT FEW QUARTERLY EARNINGS THEREBY CAUSING YTLPOWR ITSELF TO REPORT PROGRESSIVELY LOWER REVENUES AND PROFITS (BECAUSE POWERSERAYSA IS ITS BIGGEST PROFIT CONTRIBUTOR

SGD Expected To Hit RM2.90 By End Of 2024, Say S’porean Tech Expert
For Malaysian consumers, this is welcome news as they enjoy cheaper imports and lower prices on foreign goods.
Jann Firdaus
Jann Firdaus
October 2, 2024

Are You Prepared for the Next Bear Market? https://thesmartinvestor.com.sg/are-you-prepared-for-the-next-bear-market/

Morgan Stanley’s chief strategist Mike Wilson warns the stock market faces a 10% correction ahead of the U.S. election
BYChristiaan Hetzner
July 9, 2024 at 8:27 PM GMT+8

Morgan Stanley’s chief strategist Mike Wilson warns the stock market faces a 10% correction ahead of the U.S. election
BYChristiaan Hetzner
July 9, 2024 at 8:27 PM GMT+8

The stock market is headed for a 10% correction as the job market slows and inflation stays sticky, Stifel stock chief says https://markets.businessinsider.com/news/stocks/stock-market-outlook-sp500-correction-job-market-inflation-interest-rates-2024-9

Morgan Stanley’s chief strategist Mike Wilson warns the stock market faces a 10% correction ahead of the U.S. election
BYChristiaan Hetzner
July 9, 2024 at 8:27 PM GMT+8
Morgan Stanley chief U.S. equity strategist Mike Wilson

OUR VERY STRONG RM (TOP PERFORMER AMONG ASEAN CURRENCIES) WILL HIT OUR MALAYSIAN EXPORTERS AS WELL AS THOSE WITH MAJOR OVERSEAS SUBSIDIARIES' LIKE YTLPOWR

https://www.bangkokpost.com/business/general/2874917/strong-thai-baht-hitting-exporters-and-tourism-says-central-bank

BELIEVE THAT THE NEGATIVE IMPACT OF A MUCH STRONGER RINGGIT AS AT 30/9/24 (COMPARED TO THAT AS AT 30/6/24) WILL BE SEEN WHEN YTLPOWR ANNOUNCE ITS RESULTS ON 23/11/24

NEED TO BE AWARE THAT A Strengthening UPTREND IN OUR RINGGIT IS SUPPORTIVE FOR SOME ECONOMIC SECTORS BUT WILL BE NEGATIVE FOR THE BUSINESSES OF EXPORTERS AND THOSE COMPANIES WITH MAJORITY/MAJOR OVERSEAS SUBSIDIARIES' LIKE YTLPOWR BCOS A STRONGER RINGGIT WILL SIGNIFICANTLY WEAKEN ITS FINANCIAL RESULTS WHEN THEIR RESULTS IN SGD, STERLING AND USD ARE CONVERTED INTO RINGGIT FOR FINANCIAL RESULTS CONSOLIDATIONS.
NEED TO KNOW

What is a Death Cross?
The death cross is a chart pattern that indicates the transition from a bull market to a bear market. This technical indicator occurs when a security’s short-term moving average (e.g., 50-day) crosses from above to below a long-term moving average (e.g., 200-day).


ggleow

42 posts

Posted by ggleow > 4 hours ago | Report Abuse

https://www.thestar.com.my/news/nation/2024/09/29/macc-meets-with-maszlee-over-1bestarinet-issue

ggleow. Another news come out . Tomorrow open gap down.


speakup

26,800 posts

Posted by speakup > 4 hours ago | Report Abuse

One bad new after another non-stop

https://www.nst.com.my/business/economy/2024/09/1112509/ringgit-could-strengthen-rm380-against-us-dollar-end-2024

hng33

20,259 posts

Posted by hng33 > 2 hours ago | Report Abuse

If RM strengthen back to 10 year ago
1. USD = RM 3.25
2. SGD = RM 2.55
3. POUND = RM 5.25

What will happen to all YTLP oversea business? Major earning contributor YTL seraya power will contribute less 25%, Jordan power and Indonesia power will contribute less 30%, wesses water will contribute 15% less and new upcoming Data center will become less competitive in global market as service charge is in more expensive RM, the earlier advantage on cost of electricity and water bill become less attractive due to strengthen RM

ANALYSIS OF YTLPOWR'S FUNDAMENTALS AS AT 30/9/24

POSITIVES :-

VERY STRONG GROWTH WITH INCREASING EPS N DECREASING P.E.s SEEN UP TO ITS 3Q 2024 (31/3/2024) RESULTS.
JUSTIFYING HIGH VALUATIONS AND PRICE TARGETS

NEGATIVES:-

ITS BUSINESS AND FINANCIAL FUNDAMENTALS SEEN TO HAVE PEAKED IN ITS 4Q (30/6/2024) RESULTS:-
(1) SPORE POWERSERAYA'S 4Q PROFITS DECLINED COMPARED TO ITS PRECEDING Q
(2) OVERALL ITS RESULTS WOULD HAD DECLINED IF THE EXTRAORDINARY GAIN (paper value gain) FROM ITS TAKE OVER SHARE PURCHASE OF RANHILL WAS NOT INCLUDED
(note that Ramhill's share price had since fell back. How is it's coming 1Q 2025 (30/9/24) going to be adjusted to reflect this decline?)
(3) DURING THE 3 MONTHS FROM JUNE TO SEPTEMBER 2024 (1Q 2025) YTLPOWR'S BUSINESS AND FINANCIAL FUNDAMENTALS HAD WEAKENED DUE TO :-
(A) THE BUSINESS DYNAMICS OF POWERSERAYSA HAD DETERIORATED BASED ON THE RESEARCH FINDINGS PROVIDED BY HNG33 (plse refer)
BASED ON THIS POWERSERAYA'S PROFITS WILL LIKELY DECLINE DURING ITS 1Q 2025 OPERATIONS
B) THE PERSISTENT STRONG RUN UP OF OUR RINGGIT AGAINST SGD, STERLING AND USD IS REAL
THIS WILL TRANSLATE ALL ITS OVERSEAS SUBSIDIARIES' RESULTS/PROFITS INTO SIGNIFICANT DECLINES AFTER FINANCIAL CONSOLIDATION ON 30/9/24.
LIKELY TO BE SEEN WHEN ITS 1Q RESULTS ARE RELEASED ON 23/11/24.

ALL THE ABOVE FINANCIAL PROJECTIONS DO NOT TAKE INTO ACCOUNT ANY PROFIT CONTRIBUTIONS BY ITS LATEST BUSINESS TIE-UP WITH NVIDIA BCOS AS POINTED OUT BY HNG33 THIS AI DC VENTURE IS UNLIKELY TO BEAR FRUITS UNTIL AFTER 2ND HALF OF FY2025

(4) MAAC INVESTIGATIONS INTO ITS 1BESTARINET RM4B PROJECT:-

MY ABOVE ANALYSIS DO NOT DWELL INTO THIS ONGOING PROBE WHICH WILL TAKE SOME TIME.
WHATEVER ITS FINDINGS THE FACT THAT MAAC HAD STARTED ITS INVESTIGATION AND EXPECTED TO BE QUITE A LENGTHY PROCESS IS ALREADY CREATING UNCERTAINTIES.

MY SINCERE COMMENTS AFTER READING ALL THE OLD AND NEW ANALYSIS AND COMMENTS FROM THOSE WHO ARE STILL SUPPORTIVE OF THEIR ORIGINAL BULLISH PRICE TARGET PROJECTIONS AND THOSE ON THE OTHER SIDE WHO ARE SEEMED INCLINED TO BELIEVE THE FINANCIAL PERFORMANCES OF YTLPOWR WILL LIKELY WEAKENED DOWN TO MORE REALISTIC LEVELS IN THE COMING FEW QUARTERS.
I AM INCLINED TO AGREE WITH THE LATTER GROUP OF CONTRIBUTORS .
BECAUSE THE NEW FACTUAL INFORMATION ON HEAD WINDS FACED BY SPORE SERAYAPOWER AND THE STRENGTHENING RINGGIT JUSTIFY A MORE REALISTIC MODERATED DOWN FUTURE SHARE PRICE EXPECTATIONS FOR YTLPOWR IN FUTURE QUARTERS.
THE BUSINESS AND FINANCIAL CONFIGURATIONS HAD CHANGED ON THE DOWNSIDES FOR YTLPOWR.
JUST FOR SHARING MY HUMBLE PERSONAL OPINIONS

https://www.freemalaysiatoday.com/category/business/2024/09/25/ringgit-hits-strongest-level-since-june-2021/

https://www.thestar.com.my/news/nation/2024/09/26/false-claims-among-aspects-of-macc039s-1bestarinet-probe-says-azam

YTLPOWR'S NEXT QUARTERLY RESULTS WILL BE OUT ON 23/11/24

GREAT POSSIBILITIES THAT THE NEGATIVE IMPACT OF THE STRENGTHENING RINGGIT CAUSING SIGNIFICANT DECLINES IN ITS FUTURE QUARTERLY PROFITS CAN LEAD TO INVESTMENT BANK ANALYSTS TO REVISE DOWN YTLPOWR'S PROFIT FORECASTS AND THEIR PROJECTED SHARE PRICE TARGETS

him


hng33

20,259 posts

Posted by hng33 > 2 hours ago | Report Abuse

If RM strengthen back to 10 year ago
1. USD = RM 3.25
2. SGD = RM 2.55
3. POUND = RM 5.25

What will happen to all YTLP oversea business? Major earning contributor YTL seraya power will contribute less 25%, Jordan power and Indonesia power will contribute less 30%, wesses water will contribute 15% less and new upcoming Data center will become less competitive in global market as service charge is in more expensive RM, the earlier advantage on cost of electricity and water bill become less attractive due to strengthen RM

[18/09, 01:49] Darren Liew: Please note that 1993 is a super bull market, if RM strengthens further, I hope to see another super bull market in Malaysia in the next few years.
Good luck.
[18/09, 02:00] Darren Liew: THIS WILL BE TRUE AND OVERALL POSITIVE FOR MALAYSIAN ECONOMY BUT FOR YTLPOWR ITS GOING TO BE VERY NEGATIVE BCOS ALMOST ALL ITS BUSINESS REVENUES AND PROFITS WILL BE BADLY AFFECTED/REDUCED. IT'S P.E.s going forward will Be SIGNIFICANTLY HIGHER THEREBY MAKING ITS SHARE LESS ATTRACTIVE .WE ALL KNOW THAT WHEN PROFITS DECLINE SIGNIFICANTLY ITS SHARE PRICE WILL BE DAMPENED.

Falling oil prices are a warning of global recession https://unherd.com/newsroom/falling-oil-prices-are-a-warning-of-global-recession/
SHARING RELEVANT ECONOMIC N MARKET SENSITIVE NEWS

https://www.cnbctv18.com/market/stocks/us-fed-meeting-date-interest-rate-cut-us-recession-lehman-brothers-collapse-date-19476394.htm

EERIE COINCIDENCE BOTH STARTED CUT Interest Rate ON SAME DATE (18/9)
The last time we SAW BIG RECESSION CAME 3 MONTHS after started rate cutting.
This time ???

Good to share awareness among investors

WA. REDHITPEPPER IS REAL QUICK IN REACTION ON THE NEGATIVE NEWS OF LEGAL SUIT AGAINST NVIDIA FOR PATENT INFRINGEMENT.

day ago


redhotpepper

Someone say m idia and ytlp tie up? Try to read about latest Nvidia news where a company filing court action for IP against Nvidia. If that.vocket wins injunction, might be a risk for rollout of latest chip. Anyway, thanks for all the profits. Sold all day. Good lucky to new investors.

1 day ago

IF THE PLAINTIFF AGAINST NIVIDIA FOR PATENT INFRINGEMENT OBTAINS A COURT INJUNCTION TO STOP THE ROLLOUT OF NVIDIA'S LATEST LONG AWAITED BlackWell Chip THEN THE IMPACT ON NVIDIA WILL BE GREAT

Almost all sources of business revenues and profits are derived from OVERSEAS subsidiaries and assets.
With the increasing rising FX value of our RM YTLPOWR 's quarterly profits will be badly affected/depressed. Especially from Singapore's SERAYA POWER

SEPTEMBER IS HISTORICALLY THE WORST MONTH FOR US STOCK MARTS.
ESPECIALLY WHEN THESE ARE STILL AT THEIR HIGHS POINTING TO OVERVALUATIONS N HYPES.
BRACING MYSELF FOR DEEP CORRECTIONS (PREMISED ON THE ABOVE ANALYSIS).
TO BUY BACK AT MORE OPPORTUNE TIMES

[04/09, 05:01] Darren Liew: ALL 3 INDEXES SHARP DROPS PLUS MANY MORE VERY CHEAP 0.70 SEN ONLY ESSOS LISTINGS = INTENSIFIED SELLINGS NEXT FEW WEEKS
[04/09, 06:17] Darren Liew: https://markets.businessinsider.com/news/stocks/stock-market-outlook-september-season-fed-cuts-election-investing-2024-8
[04/09, 06:18] Darren Liew: https://www.cnbc.com/2024/09/03/tom-lee-whos-been-correctly-bullish-turns-cautious-and-sees-7percent-10percent-pullback.html

[04/09, 05:01] Darren Liew: ALL 3 INDEXES SHARP DROPS PLUS MANY MORE VERY CHEAP 0.70 SEN ONLY ESSOS LISTINGS = INTENSIFIED SELLINGS NEXT FEW WEEKS
[04/09, 06:17] Darren Liew: https://markets.businessinsider.com/news/stocks/stock-market-outlook-september-season-fed-cuts-election-investing-2024-8
[04/09, 06:18] Darren Liew: https://www.cnbc.com/2024/09/03/tom-lee-whos-been-correctly-bullish-turns-cautious-and-sees-7percent-10percent-pullback.html

https://www.cnbc.com/2024/09/03/tom-lee-whos-been-correctly-bullish-turns-cautious-and-sees-7percent-10percent-pullback.html

Let's wait and see. Let the market forces do their work

Relief rally in Nvidia cannot hide likelihood stock has entered bear market territory after losing nearly $800 billion https://finance.yahoo.com/news/relief-rally-nvidia-cannot-hide-162938637.html
DESPITE REBOUNDS IT IS NOW IN BEAR TERRITORY

Agree.

Testing

WAITING FOR MORE MULTI MILLION CONTRACTS FROM TNB TO BE ANNOUNCED TO BUILD ELECTRICAL SUB STATIONS TO PROVIDE POWER TO THE MANY Ai Data Centres being built/to be built by DC developers. EITA is TNB's trusted N experienced contractor for Sub Stations