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2024-06-19 14:49 | Report Abuse
The data centre, which will provide AI computing services to the country, will be owned and managed by YTL Power’s 60%-owned subsidiary YTL Communications Sdn Bhd
2024-06-19 14:49 | Report Abuse
Besides that, it is also widely known that YTL Power International Bhd (KL: YTLPOWR) is collaborating with Nvidia Corp to build an AI infrastructure that will be powered by the US-based chip giant’s technology, with the first phase of the data centre expected to commence operations by the middle of this year.
The data centre, which will provide AI computing services to the country, will be owned and managed by YTL Power’s 60%-owned subsidiary YTL Communications Sdn Bhd and be hosted in YTL Power’s 500MW solar-powered Green Data Centre Park in Johor.
https://klse1.i3investor.com/blogs/ceomorningbrief/2024-06-12-story-h-159676590-UEM_Sunrise_to_Sell_Johor_Land_for_RM144_9m_to_Data_Centre_Company.jsp
2024-06-19 13:08 | Report Abuse
AFP? Anything good can come out from its mouth?
2024-06-18 09:09 | Report Abuse
I believe Glomac can fly.
High up to the sky.
2024-06-18 09:06 | Report Abuse
I believe Poh Kong can fly.
I believe it can fly to the sky.
2024-06-17 21:43 | Report Abuse
Yes, every company can say it want to sell land to Databank operator. Any taker? Why Kedah? Why not Penang? There is one submarine landing station in Penang which is closer to the end users.
2024-06-14 11:10 | Report Abuse
2024-06-13 22:49 | Report Abuse
Poh Kong may release Q3 result tomorrow. Last call.
2024-06-13 22:47 | Report Abuse
I bought at 40 sen. What is the profit if I sell at 2 ringgit?
2024-06-13 22:43 | Report Abuse
2024-06-12 11:07 | Report Abuse
Just need to wait for Q1 result by end of this month. With the sky high profit, every amateur will start to rush in. Most likely another special dividend is coming. No point keep too much cash in excess of normal business requirement.
2024-06-11 20:21 | Report Abuse
Every developer that sell land to Data Centre operator makes windfall profit except one. Why YTLP never announce how much it received from Nvidia for the land? What is the size of the land sold? Or is it Nvidia just selling equipment and services in so called collaboration without any capital outlay? Frankly speaking, I don't know.
2024-06-11 19:13 | Report Abuse
Crescendo selling another 20 acres for rm 115.8 million, or rm 130 per sq ft to a Singapore DC operator.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3455222
2024-06-11 18:58 | Report Abuse
UEM Sunrise to sell Johor land for RM144.9m to data centre company
https://theedgemalaysia.com/node/715020 (Share from StockHunter)
Every major property developer is selling land to build Data Centres with hefty profit. When is SP Setia going to sell one?
2024-06-11 10:35 | Report Abuse
KSL profit margin is very high because of low land price. Landed house land cost itself already take up 30% of GDV. If land cost for KSL is 10% of GDV, just from land itself already make 20% profit.
2024-06-11 10:21 | Report Abuse
Ecoworld sold land in Kulai (Senai), not Pulai.
Pulai land is more valuable as it is nearer to Singapore.
YTLP land all in Kulai (formerly Kulai Young Estate), fetch much lower price then the Ecoworld land.
I don't see any DC operator choose YTL Green Data Centre other than YTLP itself (with SEA and Nvidia), other hyperscale DC mostly in Sedenak, NCIP, and scattered around Iskandar Region. Very crowded now, just like glove manufacturing during the Covid era.
2024-06-11 09:49 | Report Abuse
I am going to make big profit from Plenitude. My average cost is less than 1 ringgit.
2024-06-08 17:21 | Report Abuse
First TOD by Crescendo going to take place in second half of this year. Land acquisition completed on 4 Apr 2024 for 72 million. This piece of land is along Jalan Senyum within walking distance from RTS Terminal. Read more from Analyst Briefing below.
https://crescendo.com.my/core-files/uploads/2024/05/CCB_Analyst-Briefing-2024-Q4_Final.pdf
The Group plans to launch 1,200 units of serviced apartments with a total GDV of approximately RM1 billion in second half of FY2025. This serviced apartment project will consist of two towers of 48 storeys of various sizes.
2024-06-07 19:50 | Report Abuse
It is in Sedenak Tech Park in Kulai, not YTL Green DC Park.
2024-06-07 19:42 | Report Abuse
Have you bought any yet? I have 2 lorry load and it is good enough for the time being.
2024-06-07 19:36 | Report Abuse
Crescendo is on upward swing pending Q1 result. Will it give special dividend again? No point keeping too much cash with latest payment received from Microsoft.
All 4 land transactions already completed. Just hope next land sale is coming soon.
2024-06-07 19:31 | Report Abuse
Glomac uptrend remains intact. Just wait to see which direction it will move next week.
2024-06-07 19:28 | Report Abuse
Paramount fast recovery in share price together with volume. Up to you to predict how it should move next week.
2024-06-07 12:11 | Report Abuse
Share price performance Lagenda vs Paramount. Which one will give better return in next 6 months?
https://klse1.i3investor.com/servlets/stk/chart/7179.jsp
https://klse1.i3investor.com/servlets/stk/chart/1724.jsp
2024-06-07 12:06 | Report Abuse
Comparing it with Paramount, you will see Paramount pays good dividend consistently and very prudent management.
2024-06-07 12:02 | Report Abuse
Lagenda building houses in rural area. All development in 5 states are cheap houses less than 250k.
https://lagendaproperties.com/our-development/
2024-06-06 22:55 | Report Abuse
Yes! Buy when it is cheap.
So I only bought when it was at 19 sen!
Don't buy now. It is not a value buy.
Just wait till it is 19 sen again.
2024-06-06 18:01 | Report Abuse
Comparing Lagenda with Paramount, you should go for Paramount.
2024-06-06 12:32 | Report Abuse
What if I tell you my average cost was only 40 sen?
Buy when price is low.
Buy low sell high. Very low risk.
Buy high sell higher. This is recommended by so-called Sifu.
2024-06-06 06:54 | Report Abuse
2024-05-31 20:20 | Report Abuse
Atera Phase 1 is in full swing. Targeting young working professionals. Phase 1 consists of 756 units.
https://www.youtube.com/watch?v=PfScSPU9PwQ
https://paramountproperty.my/the-atera/site-progress/
2024-05-30 10:52 | Report Abuse
WCity OUG and Larkinton JB projects will spearhead profit growth.
2024-05-30 10:51 | Report Abuse
WCT can only getting better from now on. Previous QR loss was because earlier profit was restated in that QR.
2024-05-30 09:43 | Report Abuse
Taking Atwater Service Residence as example (selling at rm 1100 psf) all were sold prior to VP in May 2024, Ashwood is for the super rich, and super rich won't be much affected by market environment.
2024-05-30 09:38 | Report Abuse
I do agree I have overlooked at the Ogive Graph of construction of Atwater, Berkeley Uptown, Atrium and Sinaran, all were at the tail end of development just prior to VP. Lesser work done other than finishing touch-up. How to send progress billings to the purchasers?
Atera Phase 1 is full swing, surely can send more progress billings to the purchasers.
New high value developments (Ashwood and Atera Ph2) will propel Paramount to greater height.
2024-05-30 09:22 | Report Abuse
New launches amounting to 2.4 billion is taking place in first half of FY 2024, all are just the extension of existing projects.
2024-05-30 09:14 | Report Abuse
https://www.pcb.my/wp-content/uploads/2024/03/PCB-FY2023-IR-and-media-briefing-Final.pdf
Can have more inside information on Paramount
2024-05-30 08:54 | Report Abuse
Paramount revenue and profit falls short for following reasons :
"Amongst the factors that had contributed to the lower revenue in 1Q 2024, compared to the sameperiod last year, were the lower work progress and sales. As for work progress in 1Q2024, the Group's sizeable projects such as Sinaran and Sinaran Avenue that are both located at Utropolis Batu Kawan in Penang, and also Phase 1 of Uptown Residences at Berkeley Uptown in Selangor, were at the final stages of completion resulting in comparatively lesser work completed this quarter.
On the other hand, the property segment sold properties with a gross development value (GDV) of RM101 million in the first quarter of 2024, 65% lower as compared to RM292 million in the same period last year.
The decline in sales was in line with fewer properties available for sale partly due to deferment in launches and delays in obtaining approvals from the authorities."
In addition to the above, CNY holidays also cut short working days and enforcement acted upon migrant workers did affect on the progress of work done. If you know Ogive Graph for construction works, you should note the faster construction work is done at the middle span with higher Progress Billing corresponding the the work done. Just have to note Unbilled Sales still stand at 1.2 billion, the faster you build, the faster is the conversion from Unbilled Sales to become revenue. Money not coming in this Quarter, but will come in next quarter. New projects in Ashwood (next to Atrium in Ampang Hilir) was launched in May, and Atera Phase 2 (3 more blocks of TOD next to Asia Jaya LRT Station) will definitely be great success to Paramount.
2024-05-28 23:15 | Report Abuse
Plenitude will continue to make good profit from property development as land cost is extremely low. Hotel operations are just addition toppings. More important considerations are the sustainable property development over many more years into the future and the strong cash flow.
2024-05-28 23:07 | Report Abuse
Whether UEMS makes 0.3 sen or 0.16 sen is not an issue. As long as it is not making loses, you can safely ignore the profit. You are not buying UEMS for its profit or dividend, but for the value of its land in Nusajaya.
2024-05-27 18:46 | Report Abuse
Kimlun got another high rise project for rm 143 million.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3450387
2024-05-27 18:37 | Report Abuse
Plenitude 3 quarters made 16.4 sen, NTA 4.41
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3450250
2024-05-27 14:25 | Report Abuse
Sunak will no longer UK PM after July election.
2024-05-27 14:23 | Report Abuse
2024b military drill very soon. Taiwan is fast becoming Ukraine.
2024-05-27 10:29 | Report Abuse
Gadang breaks new high with big volume. It fulfill the TVVA criteria. Can buy more now to get a free ride.
2024-05-27 10:25 | Report Abuse
EWInt is now at 43.5 sen. Paramount bought for 33 sen. Paper gain already more than 30%.
Stock: [YTLPOWR]: YTL POWER INTERNATIONAL BHD
2024-06-19 14:51 | Report Abuse
Nvidia just a vendor of equipment and services, not a party to manage or looking for clients.