i dont believe it otb dragon and mrfox comments removed?? am i missing something...

trading volume on friday was 3m and then monday 116m..... contra players will be in at this euphoria, and 3+1 will be tomorrow, thursday.... be cautious

@Lanesra ..... nice to read your arguments here, and I can assume that you are a short time or perhaps contra trader, when you talk about sharks and ikan bilis..... the key investors and also myself are for long term investment, and have been holding since the price was RM2++ therefore there are lots of buffer and so called attacks from "sharks" as you seem to be living in ocean LOL ..... has little to no impact and its just short term :-) always see the bigger things in life buddy and longer period, shutting out "noises" on fundamentals and investment portfolio will grow..... happy hunting

weather the storm = to survive a difficult situation or period without being seriously harmed or very badly affected by it ... thats all it is, and for those seeking longer term returns ....this is only a blip (defined as an unexpected, minor, and typically temporary deviation from a general trend).... for those like DevOpsEngineer, Newbie9893 and Mikecyc ..... this may not be your cup of tea :-) happyHunting

@Alex_Kho .... that was my guess too ... financial auditor :-) and

@Sslee .... so u have like double degree now, chemical engineer and also accountant (accouting for non-accountants).... and I am happy for you, and based on the questions you ask.... i can easily say your proficiency is higher than most of the accountants (corporate finance accountants) out there.... as you seem to also have a fairly good understanding of IFRS (as you speak about lease etc).... im hoping you interpret some of these questions you have raised to the Board and their replies from a corporate finance perspective (leveling risks vs returns).... which will help investors here make informed decisions :-) happy hunting

@Sslee ..... i believe ur an ex accountant or current accountant?
1) You think too much like an accountant, and they say accountant does make a good businessman and vice versa, bekos accountants think too much about risks (as they shd) but one must understand only with risk comes rewards..... 2) if one does not like risk, then better to go invest in FD, but that beings aid risk has to be taken at calculated levels and needs monitoring and adjustments..... and
3) thats what business is all about .... even the lessors of AA are risk takers as well, they lend to AA in return of fulus, they could easily to Petronas Carigali to do their business but they still come to AA did you ask yourself why?
4) Well.... AA falls in a higher risk category and with higher risk comes higher returns ...... doesnt all these makes sense? of at least some of it?
5) ... yeah Balian - smart move, real professional... LOL
:-) happy hunting and cheers

why crack ur head.... but both dnex and theta :-) but possibility of gain in one = loss in the other, but the way I look at it, dnex has many other operations ie. oil and gas so if it loses Niise..... it can "absorb" the so called loss, but for theta..... Niise is EVERYTHING when it comes to the share price increase over past few weeks..... if it loses, then KAPUT :-) just my 2cents worth..... pure personal opinion

why crack ur head.... but both dnex and theta :-) but possibility of gain in one = loss in the other, but the way I look at it, dnex has many other operations ie. oil and gas so if it loses Niise..... it can "absorb" the so called loss, but for theta..... Niise is EVERYTHING when it comes to the share price increase over past few weeks..... if it loses, then KAPUT :-) just my 2cents worth..... pure personal opinion

for those who missed out on last high price.... opportunity for you to join in, dont be sore and mock current shareholders lah.... karma is there :-)

nice scathing feedback on esos @Lee Yew :-) for those crying bout esos, and @OTB thx for the forecast.... but here is my take

1) market will not discount the extraordinary gain of 350 in Q4 2023, therefore Q4 2024 net profit will surely be below YoY but im hoping (and quite confident) that it will be higher QoQ
2) The EPS for 2023 was 24.95c, and the YTD for 3 qtrs 2024, meaning Q1-Q3 2024, the EPS totals 29.52c, which is already above the 2023 EPS by 4.57c or 18%
3) I forecast Q4 NP to come above Q3, at 780m which is at 9.9c in EPS
4) If my forecast is true, then YoY comparison is 33% down, and QoQ 12% up..... market will not take the 33% drop lightly
5) If my NP prediction is true, then the total EPS will be 39.42c just shy of 40c, and 58% higher than 2023 EPS. This is a very positive signal (but price has already incorporated this info to a large extent...)
6) In order to round up a 40c EPS for 2024, the NP has to be at 848m ... which will be a miracle (but not impossible)
7) My forecast is assuming wessex small loss, and same smaller loss for their 5G operations
8) All the DC upsides will come in due time for those who have patience....

HappyHunting boys :-) peace

ur right DividendGuy67 ..... at such a large sharehoding no one can come close, i still recall the good ol days when hong leong only had stock broking business and was hunting for bankng license but it was frozen, so word has it that QLC being a good kawan of anwar - fin minister then, persuaded latter to put mui bank in cold storage..... not allowed to increase branches or even atm..... and thus was forced to sell to QLC.... those were the days lah, wonder if the kwek singapore and quek malaysia still in good ties?

RENEUCO Bhd incurred an impairment loss of RM132m in its fifth financial quarter ended Sept 30, 2023. Indeed, based on its closing price of 21.5 sen (3rd week Dec23), the sum represents more than 80% of the company’s market capitalisation of RM160m.
When asked what caused such a sizable impairment, Reneuco tells The Edge it was mostly related to engineering, procurement, construction and commissioning (EPCC) contracts for which the relevant project owner had yet to obtain financial close, or pending disbursement from the financiers !!!
Reneuco, however, did not divulge the details of the project owner mentioned.
The impairment raises eyebrows because its mini-hydro dam projects in Laos are owned by OHP Capital Sdn Bhd — a company that is related to its major shareholder and CEO.
Today Reneuco has acquired Adat Sanjung.... which is a 100% subsidiary of OHP Capital !!! for RM90m in cash !!! Smells fishy on RPT standpoint.

just a word of cautious to everyone who is trading reneuco.... its becoming a highly risky punters counter for many reasons.... with one of it being the fact that its related to serbaDK shareholders, and you all know what happened to serbaDK..... its 8c now, and has gone all the way to 5c..... from 8c if it goes to 16c that 100% profit ... likewise if it goes to 0.5c then its 95% loss !!! Unless you have secured news of the company's plans..... dont gamble, happy hunting

thx @DividendGuy67 ...... did not know these info.... quek kids are not following his footsteps as in none will take over from him? Why dont other parties slowly take up the shares in open market..... can possibly reach a point for MTO :-) sad to see the state of affairs in the quek family like this..... will need a white knight

hoho @Mikecyc :-) arent all of us actors in our own way....... happy hunting buddy .....

Mikecyc ...... u laugh too much :-) always start your comments with haha..... so whats so funny?

5 up on friday positive sign indeed..... fundamentals intact thats the key (note : ignore eagle.... where ever he goes he is pessimistic, with no substance and data haish.... bottom feeder :)

@calvintaneng ..... i salute ur relentless pursuit of tsh, as one of the main shareholders i guess its just the right thing to do :-) but why u say tsh pare down loans of or to RM1.5b?? their balance sheet only shows RM218m in borrowings? PERx is still high lah at 19x for plantation company, try to increase yield and profits first lah..... later talk about land sale.
Just imagine is airasia promotes its shares by saying that it makes money from selling planes, well while it can sell planes an dmake profit, the share price is determinant on its ability of raise profits from ticket sales..... like that loh, tsh needs to prove itself from selling palmoil rather than land..... the latter is just bonus when it comes by :-) cheers buddy

@MOBAjobg .... not to worry, as from a PER multiple, ytlp 11x is still lagging behind ytl 19x ...... so theoretically there is more room for ytlp, nevertheless it will be wise to diversify both sides.... as any plus factor at ytlp is 56% captured at ytl :-) happy hunting

@dragon328..... thx for the feedback but a little correction on the PAT of RM1.56b that you mentioned..... summary again for YTD 9 mths
PBT : 3.57b against FY23 full year 2.67b so thats 134%
PAT : 2.80b against FY23 full year 2.05b so thats 137%

Assuming Q4 ytl achieves the same PBT and PAT as in Q3 the
PBT : FY24 against FY23 full year both the increase is 174%
PAT : FY24 against FY23 full year both the increase is 177%

PBT and PAT in Q3 was 1,079b and 0.832b..... it will be monumental task to achieve more than this in Q4 :-) but one will never know, especially if there is an upside from ytlc but overall full year 200% increase in PBT with what MIDF says..... MIDF is smoking some special dope LOL

@dragon328 ..... you are not at any fault at any point, you merely expressed your honest opinion using existing data and analytics.... its just unfortunate that the RPT came up and if you recall i also wrote a "scathing" review on the whole RPT act (which was a little extreme on my side as well), and now they have bought a loss making mall (tropicana) with very little commentary on the purpose, reason and how they plan to turn it around ...... LOL so how ... hang in there, cheers buddy

Wowzie the MIDF PBT forecast are as follows....
2023A : 2,667m; 2024F : 5,448m : 2025F : 5,493m .....
EPS(sen) : 9,8, 19.9, 20.1
PERx : 37x, 18x, 18x

Is this for real? >100% growth in PAT :-) too good to be true.... well, will find out by end of Aug *fingers crossed*

@dragon328 ..... your wish may actually come true, if management which is also major shareholder wants to take ioipg private, they will have little consideration to share price stability, as the lower it goes its works in their favour when offering MTO price... anyway market sentiment is bad and effecting all counters not only ioipg, so not fair to evaluate the price at this point, i thot there was good support at 2.18-2.20

bloodbath :-( at nasdaq

@OTB..... i think u left out kenanga as one of the IBs TP of 5.44 :-) which is the lowest of the lot.... kenanga on the other hand is always cautious, either way all of us are hoping for a stellar Q4 performance that will range from perhaps lower end of 680m to highs of 800m fingers crossed.... if not pulled down further by wessex and/or ytl telco.... hard to say.
As either way, YoY the qtr results will be lower, there will be some push back on the price on the short-term, thats why at least im hoping Q4 result swill be better that Q3 results...... which shd cushion the impact...... fairly there but not 100%.... thx on the feedback @dragon328.... happy hunting :-)

jentayu @ garuda.... has finally taken flight, I believe the bottom of 55c has been reached..... happy hunting :-)

@dragon328 ..... yes its clear that Q4 2024 cannot possibly match Q4 2023, further more Q4 2023 also has RM350m earnings in investment income coming from technical services accrual and jordan oil shale.

Very importantly now can Q4 2024 net profit exceed Q3 reported net profit of RM681m?? I think Q4 shd be higher surely ??? No?
If you say PS will only earn S$223-240 in Q4 this will mean its lower than Q3 2024 earnings of S$241? This cannot be... as Q4 USEPs are higher than Q3 USEPs?

@dragon328 .... thx for the commentary and to put in perspective:
SGD MYR exch rate :
Apr-Jun23 = 3.38 (average) and
Apr-Jun24 = 3.49 (average)
Power seraya earnings Apr-Jun23 (RM'm and S$'m) :-
Revenue = RM5,246 or S$1,552
Profit Before Tax = RM1,067 or S$316 (using above exch rate)
Power seraya FORECAST earnings Apr-Jun24 :-
Profit Before Tax = S$223 (as per your forecast) or RM778 (using above exch rate)

So thats a RM289m (1,067 - 778) drop in profit before tax or 27% drop in PBT Y-on-Y !!!! Is this correct? Purely looking at powerseraya earnings alone (excluding wessex and others)??

Power seraya earnings Jan-Mar24 :- (using exch of 3.49)
Revenue = RM3,573 or S$1,023
Profit Before Tax = RM842 or S$241 (using above exch rate)

Can Q4 powerseraya net earnings be lower than S$241m reported in Q3??

holy cow !!! nsl is a loss making company with S$15.5m loss in 2023 but made profits of 6.4m and 13.9m in 2021 and 2022 respectively. It also has low reserves at S$80m with share cap at S$193m. Reserves have been reducing from 300m in 2020 to 80m in 2023, which is a little alarming, but icing on cake is that it has group net cash holding of S$103m, which is about RM482m, of which ytl paid RM792 for 81% which is RM641m.... thats fin data in a nutshell..... i dont think market will take this lightly...... errrr :-) cheers

im with u.... MrFox dragon328 OTB.... keep up the good spirits :-) cheers

@Natsu..... from net loss to net profit is 180 degree turn..... if 360 degree turn.... means net loss to net loss.... back at same position .... heeeee LOL :-) cheers buddy

yup2 how to PM you, dragon328? soon this forum will be taken up by ular and his spammer geng....

waaaah my post also removed :-) so im celebrity of sorts lah.... heeeee ..... i think its time we leave this for spammers to occupy..... happy hunting spammers and cheers

Post removed.Why?

Everywhere good news but share price go down .... further 15c LOL .... ytlp is a real teaser..... not for the faint heart-ed indeed.... ayooo where my high blood pressure pill..... aaaah ok now relax a little :-)

Reality Bites...... beautiful 1994 movie from ben stiller, with ethan hawke and winona rider.... has such profound impact on lives then and even today, lots to learn from ..... and @FortuneBlooming ...... pls be a little more kinder, always remember there is karma looking out for everyone.... peace

@sg999 ..... you are right, press and analyst will make immediate comparison to YoY (year on year) comparison..... with secondary being QoQ (quarter on quarter) in which the outcome will be far better..... need to find out the average USEPs for Apr-June 2023

i believe the foreign funds play a minor role in the current lacklustre price seen in both ytl and ytlp, I think its just lack of news on contract signings, as well as lack of coverage from IBs, also lack of HSR update while its long overdue.... for example comparing to Suncon, Gamuda.... of which every week there are some highlights, also I can see ytl/ytlp are not the type to hype up news here and there.... they would rather have the quarterly numbers do the job.
As for the USEP price update.... i see a 47% rise (as calculated by Sing Energy Market Update) in average price in Apr-Jun as compared to Jan-Mar, and this will surely reflect in higher power seraya earnings, which is the core earnings of ytlp ..... therefore nothing to worry for now :-) happy hunting

https://www.home.emcsg.com/about-emc/media-news-annoucements/Announcements/Market-Update-for-May-and-June-2024

i believe the foreign funds play a minor role in the current lacklustre price seen in both ytl and ytlp, I think its just lack of news on contract signings, as well as lack of coverage from IBs, also lack of HSR update while its long overdue.... for example comparing to Suncon, Gamuda.... of which every week there are some highlights, also I can see ytl/ytlp are not the type to hype up news here and there.... they would rather have the quarterly numbers do the job.
As for the USEP price update.... i see a 47% rise (as calculated by Sing Energy Market Update) in average price in Apr-Jun as compared to Jan-Mar, and this will surely reflect in higher power seraya earnings, which is the core earnings of ytlp ..... therefore nothing to worry for now :-) happy hunting

https://www.home.emcsg.com/about-emc/media-news-annoucements/Announcements/Market-Update-for-May-and-June-2024

Average USEP prices in S$/mWh
Apr - 288.71
May - 240.96
Jun - 182.85
For comparison previous qtr
Jan - 107.71
Feb - 137.99
Mar - 235.06

@Aero1 .... nice numbers and seems they are listed in NYSE

thx for the info dragon328 .... in addition i came accross this article issued yesterday, all seems well now for SEA @ Shopee...
"A recently released report on the e-commerce market in Southeast Asia shows that Shopee remained the biggest e-commerce platform in 2023, with 48% of the market share and US$55.1 billion gross merchandise value (GMV); the rapid growth of TikTok Shop has seen it overtake Lazada in second place! " ...... meaning partnering with a good reputable partner and the linking commerce with digital banking will surely be synergistic :-)

https://vulcanpost.com/865393/shopee-reigns-southeast-asia-e-commerce-tiktok-shop-surpasses-lazada/

thx for the update OTB, so proud of your stand and confidence...... but has anyone looked at this documentary.... fall of the largest company in singapore..... and guess what company it is???? Seal Limited aka shoppee !!!! isnt this ytlp's DC partner ??? wallaoaaa...

https://www.youtube.com/watch?v=hhrRi5pan4g

funny company..... theer are so many related party transactions in millions, and not sure who is benefiting from these? Secondly.... management is requesting for the extension of ESOS for another 3 years .... which is a joke really !!! With this performance all ESOS shd be cancelled and re-issued after the capital reduction.... lastly, being sued by KWAP..... which is pension fund !!! In the commentary management sates that..... "The telecommunications and technology industries are plagued by uncertainties over the phased transition to 5G networks.".... i think management is in the wrong bsuiness :-) LOL .... happy hunting

ok lah calcin if what all you say is true...... u shd be multi-millionaire by now lah? korek? ...... if yes then donate some lah buddy :-) heeeeee

hmmm.... so who is it that bought at 4.86?? I saw OTB statement that he will buy BIG at 4.86 :-) hope this is true..... but seeing only 5800 shs traded at 4.86 I think OTB was smoking shisha I guessing..... :-) happy hunting boys

haish..... oh calvintaneng..... the day you be honest to yourself it will be enlightening to yourself and everyone, of course we know your YTL power statement is not true, which if it was then you would have been multi millionaire by now.... but are u? You are so engrossed in palmoil and in particular TSH...... it did have its run but its over now..... the day you re true to yourself calvin thats the day you will see the light at the end of the tunnel ;-) cheers buddy

counter seems to have good support at 2.20 level.... awaiting fresh news that is, and as for shenton.... i assume this is already incorporated into the current support level price, only upside here on will be the REIT direction .... IF mngt deems fit... otherwise nothing terribly exciting :-) cheers

@calvinteneng..... are u out of ur mind?? Rsawit is a loss maing company (11m loss) and its current retained profits is only 6m, and one more loss quarter and the retained earnings will go into negative, and you are advising ppl to buy !!! you are lucky there is no law against mis-guidance which si what u are doing...... holy cow :-(

calvin..... besides some scammers you are the only one n this self created forum.... and now my comment makes it 2 :-) why u comparing ijm plant which was taken private to tsh? is tsh gonna be taken over? stick to fundamentals pls....