Frankly, shareholder are generally concern YTLP omit to state clear the power plant progress in last several Q report. Now, dispute arbitration have ended, and power plant officially achieved COD is good news for director to reinstate in upcoming Q report and share joy with shareholder as earning kicker from power plant is highly lucrative and significantly over next 30 year + 10 year

I think in upcoming Q result, director will reinstate and update the progress on power plant progress as oppose to previous Q which omit the power plant due to arbitration. Unit 1 COD on Oct 2022, unit 2 COD by Q1 2023

Sslee

You can refer to YTLP AGM meeting 6 Dec 2022, YTLP director anwer minority shareholder watchdog, question 3, state clearly COD for unit 1 at end Oct 2022, unit 2 is expect at Jan 2023 (but, i get update from Attarat facebook that COD for unit 2 only likely end of Q1 or next month Mar 2023)

https://ytlpowerinternational.com/meetings/index.asp?catName=inv_relations

The internal rate return for shale oil power plant is most lucrative due to combination return from shale oil fire power + mining shale on site (self supplier of all feedstock for power plant operation) = more than 20% IRR, which could generate more than RM 200m, topping additional eps 2 to 3 sen to YTLP earning onward for next 30year concession period + 10 year extension

The projected return is even higher than first lucrative generation PPA Msia that YTLP secure last 25year ago in Malaysia IRR = 18%

YTL power 45% control Attarat power plant in Jordan have achieved Commerical operation for first unit 235 MW at the end Oct 2022. The second unit 235MW is expect to achieved commercial operation next month Mar 2023.

bought mahsing at 59sen

Gov contract loophole need to plug, fight corruption, get rid of middleman agent

:D)

:D)

Myeg not only affect by gov contract but more importantly implicated in corruption case soon

Mu - son in law - S5 /Myeg/Iris - NIIS <---Anwar

https://www.malaymail.com/news/malaysia/2023/02/11/pm-anwar-govt-stands-firm-against-abuse-of-power-corruption/54452

https://www.malaysia-today.net/2023/02/08/macc-probing-possible-abuse-of-power-in-contract-for-ex-pms-son-in-law/

https://focusmalaysia.my/myeg-to-become-shareholder-of-s5-systems/

https://klse.i3investor.com/web/blog/detail/ESG/2022-07-15-story-h1626137693-MyEG_Services_Bhd_MYEG_A_Peculiar_or_Strategic_Investment_in_S5_Holding

https://www.theedgemarkets.com/article/myeg-partners-s5-strengthen-bid-niis-contract

Corruption probe on S5 system, myeg indirectly linked due to its 20% stake in s% system

https://www.thestar.com.my/business/business-news/2022/01/01/myeg-raises-stake-in-s5-holdings

Both myeg and iris linked to S5 that link to Mu son in law. Both S5 and Mu are currently under MACC probe, Mu abuse of power give NII to his son in law

https://klse.i3investor.com/web/blog/detail/ESG/2022-07-15-story-h1626137693-MyEG_Services_Bhd_MYEG_A_Peculiar_or_Strategic_Investment_in_S5_Holding

swap from ekovest, all added to cmsb at 1.27-1.28

cut ekovest at 38sen. swap all to cmsb at 1.27-1.28

added more ekovest at 38.5sen

Coal price tumbling 25% in single day from USD 350 to USD 262. Coal price have decrease from Q3 USD 450 till now at USD 262. Coal is major feedstock for cement production, form nearly 50% of cement manufacture cost.

Significant decrease in feed cost + strengthen RM vs USD will boost CMSB profit margin significantly as selling price remain elevated and CMSB is sole cement manufacture in Sarawak.

DUKE 1 and 2 will be listed to monetize after 7 year operation. SPE will be completed very soon these year

Swap to ekovest for better exposure to toll concession

sold at 40sen, wce is need 7-8year to breakeven before making money after highway completion. During these 7-8 year gestation period, interest expense will be higher than toll revenue collection.

added balance at 1.21-1.22

bought back at 39sen

sold back at 41sen

Locked all profit

Sold more at 2.18-2.19

Sold some at 2.16

Upcoming Q4 result

1. Will recognized disposal gain
2. Profit margin expansion on cement due to increase cement selling price by another 5% to RM 305/ton
3. Decrease feedstock thermal coal cost by 15%
4. Weakness input cost at USD denominated currency by 8%

Added balance at 1.15

Reduce feedstock thermal coal from USD 450 in Q3 to USD 360 in Q4 and remain at USD 370 now are major catalyst to cement maker. Cement maker also one of industries get direct beneficial on strengthen RM vs USD.

bought at 2.07

bought at 1.16

Bought back masteel at 37.5sen

sold back at 37sen

Uchitech EPS will be decrease by 20% due to 5/6 product now are taxable at 24%, only 1/6 remain tax exampted.

sold back myeg at 91sen

Initial toll collection mainly to cover interest expense, once traffic volume increase, surplus from toll correction after interest coverage will give net profit forward. Gestation period is small as exsiting Plus highway is too heavy and alternative WCE offer seamless traffic and direct route to destination

Another section linking NKVE will commssion toll correction soon and monetized land for RM 500m by Q1 2023. Together with MoF financing support RM 400m, WCE will speed up to complete other section for toll collection by 2024. All balance section toll collection will commission by Q1 2025.

bought wce at 34.5-35sen

Accumulating more myeg at 84.5sen

Accumulating more ekovest at 35sen

locked balance profit at 45sen

sold back ays at 44.5sen

locked all profit

sold more at 1.64

sold some MSC at 1.62-1.63