singapore operations truly helped..... all other sectors showed lower profit QoQ, except sing where increase was almost 500m of the 2.5b PBT..... we can all thank the sing gamblers :-)

amazing results ..... PBT of 1.38b compared to YoY 0.6b and QoQ 0.9b..... increase of 130% and 53% ... syabas, tom can fly :-)

GenM results..... PBT 116m, YoY 41m, but QoQ 294m, PBT drop by 178m or 61% compared to QoQ.... not up to expectation :-(

GenM results..... PBT 116m, YoY 41m, but QoQ 294m, PBT drop by 178m or 61% compared to QoQ.... not up to expectation :-(

sendai shd have considered this delayed billing factor in their reporting timeline, if this was so then why release 44m profit in last last qtr? Cant they just have reserved some revenue for this (last) qtr? Holding cost is not allowed, but holding revenue surely can.... if this is how they report, price will be topsy turvy..... market is not guaranteed that these so called secured project will guarantee profitability? Once u reported 44m profit..... market will surely want to see this or similar in next qtr..... price wud have already incorporated this expectation mah

The Group reported revenue and profit before tax of RM399.7 million and RM7.5 million respectively in
the current quarter as compared to revenue of RM522.5 million and Profit before tax of RM36.9 million
in the immediately preceding Quarter...... this will be painful :-(

good analysis @i3gambler and @Thirai Thiraviam ..... im planning to enter HLFG mainly due to its low PER, based on current qtr eps of 72.1c, this works out to T4 PER of 6.06x.... which is so low!!! Or shd I just get into Ambank and RHB? Objective..... recession prove investment into financial services

RM511m profit ..... which is good :-) guesstimate ony :-)

Check out the Corp Proposal : The buyer — AirAsia Group or NewCo — will take over the listing status of AAX, and hence hold both the acquired AirAsia operations, and the long haul business currently under AAX. Capital A has also proposed to distribute 73.33% of the NewCo shares to its shareholders via capital reduction (RM2.2 billion worth, based on transaction price of RM1.30 apiece). So there will be capital reduction.
An entitled Capital A shareholder would receive up to 397 NewCo shares for each 1,000 Capital A shares held, depending on Capital A’s shares based on the entitlement date. Capital A plans to obtain Bursa Securities approval for the sale of its aviation business in June, and to announce its Practice Note 17 (PN17) regularisation plan that same month. ...... I just wonder what will be CapA's revenue and business model moving ahead then, since it has sold off its business to NewCo? Hmmm..... perhaps just div income? I guess just need to wait till june to find out....

1 day before results announcement and yet little interest in buying momentum.... any takes from anyone?

The average water tariff in Johor for the first 35 m3 per month will increase by 22.9%, equivalent to RM0.29 per m3 .... this started on either Jan or Feb 2024, its only initial stage.... over the months this increase will be seen in the improved profits... not to mention the increased consumption coming from DCs and general population increase. Maybe at some time can sell water to Sing... alongside power sale by YTLP to Sing..... all in due time; meanwhile - we invest in it.... Ranhill in not valued at 0.995 or 1.30 or 1.70.... but what it can make in the future piggy-backing YTLP :-) peace

ok ok putting all these numbers, and lease liabilities etc etc...... AA is the best low budget airlines in the world, I have many options to choose for flights, but end up with AA as its cheap :-) LOL .... and service is not all that bad (what do you expect if paying cheap, as long as plane dont fall off sky)..... covid put a spanner into AA works, and today they are recovering..... travel is booming, airports printing money (recently Khazanah, EPF, GIP, ADAI made general offer for MAHB - what does it say??) and banks are lining up to provide financing what else as an investor do you need ??? But I will agree that "time" is the cost here..... shd I put my money in AA or YTLP (LOL).... which will give me the expected returns over "time" as recovery takes "time" and do you have the "time".... sometimes I wish there was a price for time..... as then I can "buy" time..... p/s :buying time-telekom is not the same:-) cheers.....

PAT YoY : Loss -244m compared to 26m profit, but if excluding forex loss, then its 126m profit, increase by almost 5-fold; cash generated from operating activities 789m compared to 528m increase by 49%; EBITDA of 1billion compared to 0.5billion, increase by 100%.... pretty impressive overall... on the road to recovery :-)

room#4 better have good services ..... happy ending type :-) cheers LOL

flashback..... company was called Sunrise Bhd headed by the likes of Datuk Tong Kooi Ong, Tan Sri Danny Tan Chee Sing and Datuk Allan Lim.... were the original builders of Mont Kiara, from MK1 back in mid 1990s to I believe MK11 sometime 2010s, wonderful builder of condos.... and then came UEM and gobbled it up, today they dont build much..... being govt just acquire state land and sell ..... acquire and sell, how difficult is that? Yet manages only paltry profit if any..... wonder what the Board and management of this company does? Wish it had the glory days of Sunrise Bhd :-) peace

@Kim ... thx for confirmation, its not the fine that is the only issue..... lagenda may have also acquired these so called illegal conversion land, and need to return back to perak state..... dont know how many parcels involved?

somehow RHB and Ambank has been the step-child within the financial sector, with Maybank, PBB and CIMB getting all the limelight, even HLFG has only 7x PER.... go figure :-) peace

Comparing with mcement is good due to similar business lines, but to note that share price is reflective of future earnings and potential and not purely current earnings, therefore has to be seen with a pinch of salt. Hong Leong Group has its own version of high PER company as well for example MPI, with current PER of 90!!! Therefore this share price is cheap is not fully true....

in the current Qtr financials, while the increase in revenue and profit is impressive, the 56m odd revenue for the qtr also resulted in about 30m increase in trade receivable..... unless there is a clear reason fro this increase (which is not stated in the financials) it early sign of over-estimation of revenue which are not in cash but re-booked as receivables.... to be careful :-) cheers

who was arrested? Was it Datuk Jimmy Doh? statement says 44 year old.... and he is around that age?

at 28c now, the PER based on last qtr earnings annualised, is 11.6x which is reasonable..... but company is mired in controversy, epicon is owned by Dato Doh, and formerly known as KTB, which was originally owned by Nadzmi Salleh (Nadi) who sold KTB to Dato Doh, and in return bus operations of KTB was sole back to Nadzmi (Nadi) and amount of RM51m owing from KTB to Nadi absolved, and now Nadi via Agro Business is in trouble..... and how this is related to epicon.... God Knows :-(

its good to see ranhill hit a low of 1.23 and now at 1.41 ..... sign of a good fundamentals company, even tho largest shareholder sold at 0.995 but market thinks otherwise, as they say in football the ball is round, it can go either way as the market sees it.... acquisition is symbiotic to all parties including Hamdan, well done :-) peace

it is interesting to note that the entity undertaking the MTO is a company called SIPP or SIPP Power, in which YTLP has 70% interest, well who then owns the remaining 30% ?? My initial checks says HRH sultan of johor, but seems not directly at least, then this name appears Daing A Malek Daing A Rahaman, a proxy perhaps? ..... and SIPP today with YTL has multiple projects from the buying of the Kulai land to ERL project..... anything to do in Johor, YTL partners SIPP.... what a symbiotic relationship :-) peace

so ytl shareholders amacam? subsidiary company ytlp wil be suspended tom, and they forgot to suspend ytl as well..... so we just goyang2 lah tom morning :-) LOL

@stevenckheng ..... it can be simple takeover or takeover with no intention to remain listing status, only if latter then you need to sell - in the market during trading days - otherwise can keep or sell if the price is right

Agjl is right,,,,, wll it be good for ytlp? looking at malaysian MGO law, ytlp may have further acquired shares from smaller shareholders to trigger a MGO of which then they have to make an offer... the first block of 18% was acquired at only 58c not too long ago..... what a deal!!! in the making..... :-)

if ytl power suspended, then ytl shd be suspended too as its 55% of ytlp? ....hopefully its good news for both and not just ranhill..... cud it be listing of ranhill energy? which was earlier nsaborted? .... sustension makes more suspense :-) peace

EPS 0.80 with QoQ -58% and YoY -7% ....

wow some amazing data... LKT's salary in 2023 was RM114m per annum lower than the RM129m in 2022. Total remuneration plus bonuses in 2023 came up to RM162m compared to RM188m in 2022. These are from the group operations.... 162/12 = 12.5m a mth :-)

re-rating by CGS ....

https://www.businesstoday.com.my/2024/05/27/profit-decline-signals-need-for-ytl-power-international-to-take-a-breather/

ok liquidated position, QoQ revenue came higher by 46% from 44.2m to 64,.8m impressive, but PBT was lower by 0.6m or -17% mainly due to non-recurring listing expenses, otherwise PBT would have been higher by 8%. Not sure why the 46% increase in revenue did not result in equivalent increase in PBT before listing expenses?? Live to hunt another day...... happy hunting, peace

Disappointing earnings, YoY increase by 23% but QoQ decrease by 34% .... peace

less than 5% drop .... considering a 19% drop in earnings from Q3 from Q2 is a healthy correction, the price had incorporated an increase with all the euphoria surrounding ytlp which explains it .... as kown powerseraya which is the fixed deposit earnings showed lower pool prices and even in Q4 can expect another lowered earnings, but this does not dampen the overall upsides.... @dragon328 has articulated all in his blog as follows... therefore have a coffee, take a seat, and enjoy the ride.... roller coaster one nevertheless.... :-) peace

https://klse.i3investor.com/web/blog/detail/dragon328/2024-05-23-story-h-161458128-YTL_YTL_Power_The_Best_Performing_Stocks_May_Again_Double_Up_in_AI_Driv

everyone gets hiccups now and then, its ytlp's turn.... not to worry in fact good opportunity to top up for those to join in the ride.... price had incorporated a good showing in Q3 above Q2 and this did not happen.... well, thats life sometimes.... counter will only come out stronger after this.... cheers :-) and peace

Im in.... HE looking good on the DC expansion and power focus, happy hunting :-) peace

nice write-up an insightful..... from my perspective SEA Ltd and its Shopee will play a big role in the AI DC build-up alongside the digital banking license that the partnership was also accorded.... not sure how the digital banking plays alongside the DC but Sea Ltd is YTL's first customer for the DC .... whatever the terms are, i can only see upside hereon while having powerseraya as "fixed deposit"... lets hope for the best :-) peace

IBs give sell call as affin PER is 14x plus plus....when most banks are at about 10x PER.... or below :-) happy hunting

yes pang72 ur right...... more detailed comparison....
for comparison Sunway was also in this similar position at its Q announcement..... QoQ down 35% YoY up 22%, and after announcement day share price dipped 6c, also Suncon similar shape dipped 10c ..... YTL QoQ down 16% YoY up 20% (but ytl share price has appreciated much more - not sure if share price has incorporated expected higher profits)..... :-) peace

for comparison Sunway was also in this similar position at its Q announcement..... QoQ down 35% YoY up 22%, and after announcement day share price dipped 6c, also Suncon similar shape dipped 10c ..... YTLP QoQ down 17% YoY up 34% (but ytlp share price has appreciated much more)

YTL and YTLP annouced following qtr earnings 4.53c and 8.62c, with current share price at 3.88 (T4Q EPS 21x) and 5.38 (EPS 15x), genting last Q earnings was 3.90c (RM529m) and current share price price at 4.73, thats T4Q EPS of 30x..... in order to make it to lets say 21x EPS, earnings needs to be at 5,63c or RM760m..... this is the hurdle earnings GenT needs to make :-) peace

not to worry .... im here for the long run, i believe many here for the long run .... ups and downs in prices are a norm, i will see this as a minor hiccup and part parcel of corrections ahead of a bigger journey, share price is always forward looking and AI and DC are the forward looking route for ytlp.... sifu @dragon328 has written a very timely assessment of ytlp ...kudos, happy hunting :-) peace

19% drop in profits QoQ ... as compared to 21% drop QoQ for YTLP ..... not so good :-(

there is a 18.5% drop in net profit coming solely from powerseraya, which resulted in the overall lower profit compared to Q2 - had earlier predicted this clearly, estimate was 10% drop - also increased loss from telco operations.... not so good but satisfactory i guess :-)

below last qtr performance...... roughly RM830m PAT compared to RM1,029m PAT in Q2 (down by 19.3% QoQ), EBITDA at RM2.2b compared to RM2.4b in Q2 (down by 8.3% QoQ)..... tomorrow NO FLY Zone :-) peace

yes roughly RM700m PAT compared to RM860m PAT in Q2 (down by 18.6% QoQ), EBITDA at RM1.6b compared to RM1.8b in Q2 (down by 11.1% QoQ).... as expected performance was lower in Q3 compared to Q2 .... shd be due to drop in powerseraya earnings due to lower USEP.... peace

@dragon328 ..... totally amazed at your informative reporting, such meticulous detail and representation... salute to u and ur special skills, although i shd say the forecast of profits a tat little too optimistic, the overall message is clear .... kudos :-) peace (u can be ytlp comms director)

https://klse.i3investor.com/web/blog/detail/dragon328/2024-05-23-story-h-161458128-YTL_YTL_Power_The_Best_Performing_Stocks_May_Again_Double_Up_in_AI_Driv

Yinson boss bought icon offshore, and latter posted a qtrly loss after tax of RM25.6m compared to loss of RM4.2m in corresponding qtr last year, with vessel utilisation rate of 50% compared to 71% last period, quite disappointing :-(

star899 is time traveler..... back to the future, in order to be able to buy systech to own warrants ;-) looks like ytl has more support than ytlp..... does this mean cement and property business targeted to be good and power and utility just so-so?? hmmm....

errrr.... @jenson68 .... are u jensen huang? if yes welcome to our blog..... can u share ur billions$$$ some with us pls.... pretty pls :-)

11:20am.... amazing buying power displayed at 69%; gobbled up 3m shares in span of 9mins at 3.81 and 3.82 :-) peace