To me the worst is over if the share price of YTLPower does not drop below 3.00 again.
However, base on TA, the share price is still bearish.
The share price is below 20-day EMA, 70-day SMA and 200-day SMA.
For the share price of YTLPower to rebound, the share price must cross 20-day EMA which is at 3.348.
If the rebound is strong, the share price must cross 3.35 convincingly.
So far all rebounds are weak, hence the share price cannot cross 20-day EMA convincingly.

If you want to buy this stock based on FA, you should buy it on weakness as long as 3.00 is not broken again.
I believe the net profit for FY2025 is higher than RM3.464 billion without including the net profit from AI data centres.
I believe strongly on FA, I believe the current price is not factored in the earning from AI data centres.
I believe the EPS for FY2025 is around 0.50, this net profit will include net profit from AI data data centres.
If EPS is 0.50, the current share price at 3.24 is trading at a PER=6.48 which is very low if compared to other component stock of FBMKLCI index.
The average PER of the component stock of FBMKLCI is > 15 times.
Thus the share price of YTLPower is very undervalued.
The Q1 2025 result will be out in this month, I strongly believe Q1 2025 result will be better than Q1 2024.
From this quarter result, we will know FY2025 result will be > FY2024.

The 20-day EMA of YTL is at 2.176, based on TA, the share price of YTL must cross 2.18 convincingly in order to call a buy on rebound.
So far all rebounds are weak, the share price is still very weak.
Need to wait patiently.
Thank you.

I repost this article here.
I appreciate your advice.
Thank you very much.

Posted by Eddy365 > 27 minutes ago | Report Abuse

大势已去，你醒了吗？
你醒了没有？
你还没有醒吗？

股票赚钱了，你贪心不要离场。
股票亏钱了，你Haolian不要止损！

你什么时候才醒呢？
--------------
Thank you for your reminder.
I appreciate it.
Stock market is a money game, invest within my limit.
I know what I want in this stock.

The share price is always proportional to the earning.
I am taking a calculated risk which I can afford.

In 2020, many readers here also advise me to take profit on Supermx.
I did not listen, luckily I manage to sell all my Supermx above 20.00.
I have plan it on this stock, hope for another good luck.

Thank you for your advice.

I recommended YTLPower at 1.10 in this forum with good deeds in May 2023.
I do not owe any naysayer any mistake for him/her to attack.
Do not read my analysis if you do not like it.
It is meant for other readers in this forum.

Posted by hng33 > 3 seconds ago | Report Abuse

pity to xi-fool, carry tremendous sin, curse by so many followers for his ignorance on 1bestarinet bomb risk, might need call his bangla gang for protection....too bad
-----------------
I am definitely not so low class like you.
I am not a shameless liar to attack anyone in this forum.
I behave very gentlemanly here.

hng33 is the shameless liar in this forum.

Hotstuff is the biggest shameless liar here.
Please show me any lie I tell here.
You do not like my analysis, do not read it.
I do it here with good deeds.
Other readers appreciate it is good enough for me.
I do not owe you anything here.
I fxxk you here.
Hotstuff is the biggest shameless liar here ... I repeat ...

Posted by hng33 > 1 minute ago | Report Abuse

too bad to subscriber, many follow 'xi-fool' to ignore 1bestarinet time bomb risk, ignore TA first, FA second policy...
--------------
Another shameless liar here.
I have done my job with my sincere heart.
I have told them to cut loss or hold the shares.
They have to decide myself.

Posted by Eddy365 > 27 minutes ago | Report Abuse

大势已去，你醒了吗？
你醒了没有？
你还没有醒吗？

股票赚钱了，你贪心不要离场。
股票亏钱了，你Haolian不要止损！

你什么时候才醒呢？
--------------
Thank you for your reminder.
I appreciate it.
Stock market is a money game, invest within my limit.
I know what I want in this stock.

The share price is always proportional to the earning.
I am taking a calculated risk which I can afford.

In 2020, many readers here also advise me to take profit on Supermx.
I did not listen, luckily I manage to sell all my Supermx above 20.00.
I have plan it on this stock, hope for another good luck.

Thank you for your advice.

Do not worry about me.
You should worry about your position in this bear market.
I just make less profit only.
Thank you for your concerned.

I am not so rich, buy some only.
Thank you.

MACC is not fair to stocks listed in KLSE like YTL and YTLPower.
Talk the same thing again and again without any fast action.

I believe the MACC investigation on YTL Communications is not an important issue anymore. Looking at all the MACC court cases, they will take > 5 years to resolve.
The share price in the stock market is moving everyday, it will not wait or stand still for the next 5 years.
I believe investors especially institutions will ignore this news sooner or later.

It is a sad case for YTL and YTLPower.
The directors of YTL and YTLPower should appeal to MACC head to sort out this long delay matter.
It is not fair for the boss of MACC to repeat this matter again and again in the public.
His action will affect the share prices.
Thank you.

MACC is not fair to stocks listed in KLSE like YTL and YTLPower.
Talk the same thing again and again without any fast action.

I believe the MACC investigation on YTL Communications is not an important issue anymore. Looking at all the MACC court cases, they will take > 5 years to resolve.
The share price in the stock market is moving everyday, it will not wait or stand still for the next 5 years.
I believe investors especially institutions will ignore this news sooner or later.

It is a sad case for YTL and YTLPower.
The directors of YTL and YTLPower should appeal to MACC head to sort out this long delay matter.
It is not fair for the boss of MACC to repeat this matter again and again in the public.
His action will affect the share prices.
Thank you.

YTL Power shares suffered heavy selling yesterday, apparently due to a rumuor that YTL name had been removed from the global partner list of Nvidia. I must clarify that this is a fake news.

In a post in LinkedIn below by a Nvidia VP after the launch of Blackwell B200 GPUs, YTL was put on the same level as Google and Oracle so YTL Power is not just a normal partner or distributor of Nvidia.

https://www.linkedin.com/posts/alexisbjorlin_gtc24-gtc24-dgxcloud-activity-7176653089066684416-aLPY?utm_source=share&utm_medium=member_ios

GTC conference in March 2024

During its recent GTC conference in March, Nvidia announced the launch of the new Blackwell platform, with only select partners with first access to the chips.

The list includes hyperscalers (AWS, Google Cloud, Microsoft Azure, Oracle Cloud Infrastructure).

Nvidia Colour Partners (Applied Digital, Coreweave, Crusoe, IBM Cloud, Lambda).

Sovereign AI cloud providers (Nebius, Nexgen Cloud, Singtel, Yotta, and YTLP).

Remarks
YTLPower is the official AI data centres and cloud providers of Nvidia in Malaysia. The official agreement on the partnership between YTLPower and Nvidia was signed in 2023.

Presently, Nvidia has agreed to lease 100 MW, a hyperscaler has agreed to lease 40+40 MW, a total of 180 MW of AI data centres in FY 2026/7.

Sea Ltd has agreed to lease 48 MW of data centres without AI in FY 2026.

Malaysia, Indonesia, Thailand and Vietnam are new members of BRIC.
No such news that Nvidia will shift its AI data centres from Malaysia to Thailand because Thailand is also a new member of BRIC.

Please write with facts and figures.
Good luck.
Thank you.

Posted by PureBULL ... > 3 hours ago | Report Abuse

Nicholas Yap, [2024-10-23 5:23 AM]
Work begins on YTL Corporation’s $800 mil 600MW hydrogen-ready combined cycle gas turbine in Jurong Island
https://www.theedgesingapore.com/news/energy/work-begins-ytl-corporations-800-mil-600mw-hydrogen-ready-combined-cycle-gas-turbine

INVESTORS, [2024-10-23 5:27 AM]
i just shouted that YTL might be lousy mgmt. then comes this GREAT news.
--------------------
Hope that foreign funds will stop selling YTLPower shares further.
Hope that the worst is over, the share price of YTLPower will rebound from this news.

Good luck.
Thank you.

@ Mr dragon328,
Please note that YTLPower will set up its own RE to supply electricity to the AI data centres in Kulai.
Beside we calculate the net profit from leasing of these AI data centres, we miss out the potential net profit from the supply of the RE (electricity) to these data centres.

Assume in FY 2026, the leasing of 100 MW of AI data centres and 50 MW of data centres without AI, these total 150 MW of data centres (both AI and without AI) required RE electricity to operate these data centres.
YTLPower builds these RE stations to supply electricity, there is a net profit from these RE supplies.
Using a rate at 2.25 million net profit per year for 1 MW of data centres, 150 MW of data centres will enable YTLPower to earn a big profit of RM338 million per year.
We did not factor in this extra profit in our calculation.
The right calculation of net profit from these data centres should be as follows :-

Calculation
If the charge per GPU per hour = USD 3.25 (100 MW) for FY 2026
Total revenue per year = USD (3.25*78.432*24*365/1000) = USD2232.96 million
Exchange rate (1 USD = RM 4.20) = RM9378.428 million
Net profit margin (30%) = RM2813.528 million
Net profit from leasing 48 MW to Sea Ltd per year = RM100.800 million
YTLPower owns 60% of this data center.
The net profit from YTLPower = 1748.597 million per year
Net profit to supply 150 MW of RE (electricity) = 338.000 Million per year (please note)
Total net profit from DC = 2086.597 Million
Number of shares issued = 8.264 billion
EPS = 0.252

FY 2026
EPS from DC = 0.252
EPS from the existing business less 10% due to appreciation of RM = 0.387
Total EPS = 0.639
Assume PER = 10, the target price = 6.39
Assume PER = 15, the target price = 9.59

Thank you.

Please do me a favour, please stop to badmouth other stocks in I3, I believe the share price of Vstecs will move up north very fast.
I also have a big investment in this stock, please do not spoil the party here.
Thank you for your help.

@ Mr dragon328,

Beside RE (100 MW) exported to Singapore, the profit is 225 million.
I knew it.

However, there is another extra RE produced (on top of 100 MW export to Singapore) to supply and to support its 150 MW AI data centres in Kulai which we missed out in FY 2026.
Please read my notes on calculation.

For FY 2027, the extra RE supply in Kulai is 230 MW (180+50).

I meant the extra profit from RE on 150 MW AI data centres in Kulai in FY 2026.
Please verify.
Thank you.

The share price of Vstecs has moved up north 10%, hopefully the share price of VS will follow the same trend.
I hope the short sellers will stop selling this stock.
Good luck.
Thank you.

I attended an Australian fund selling its unit trust or investment funds via The Standard Chartered on 22/10/2024 night.
This investment guru put almost 50% of its fund invested in electricity, RE and AI data centres only.
These sectors have a growth potential of 50% to 100% in the next 6 years until 2030.
The biggest investment portfolio is Nvidia even at such high share price.

This presentation confirmed my investment strategy on YTLPower which has electricity, RE and AI data centres.
YTLPower is the stock that fulfilled my investment strategy on electricity, RE and AI data centres.
If YTLPower really cannot perform well in the next 2 years, I will just blame my luck.

I believe strongly on projected profit projected by Mr dragon328 for next 5 years.
Good luck.
Thank you.

Posted by BullOhBear > 21 seconds ago | Report Abuse

@ OTB Sifu

Amazon will invest US$6.2 billion in AI cloud and data centres in Malaysia. It will be very good news if Amazon really participates in the AI data centres of YTLPower like Nvidia. I believe this information will be available soon since Amazon has no intention to buy land and build AI data centres herself. If Amazon is keen to work with Nvidia on AI data centres, it is a logical choice to select the AI data centers of YTLPower.

I thought AWS has started construction of its own DC at Cyberjaya. Why would they collaborate with YTLP since they already have their own DC.
---------------------
Sorry, I do not know it.
It is my mistake.
Thank you for your good information.

@CharlesT,
Yes, I will hold on to YTLPower.
No more cut loss on this stock.
Thank you.

@CharlesT,
I do not change my investment strategy, I did not recommend to buy if the share price drops below 20-day EMA.
I still recommend a buy if the share price is above 20-day EMA anytime on rebound.
I do not want to wait until the share price crosses 200-day SMA, then the share price is expensive by then.
I want to buy at a lower price because of good fundamentals.
No stock in KLSE can give you a ROI of 100% even I need to wait for one year time frame.
I am all in this stock, I do not mind to lose my profit made previously.
I have a "fall in love" syndrome on YTLPower.
Thank you.

@ Mr dragon328,
I noticed that your projected profit calculation did not include potential profit of RM338 million from 150 MW of RE.
Please note that YTLPower will set up its own RE to supply electricity to the AI data centres.
There are a big profit of RM338 million from 150 MW of RE we missed out in our calculation.
Please help to verify my calculation on this extra RM338 million profit from 150 MW of RE.
Thank you.

Calculation
If the charge per GPU per hour = USD 3.25 (100 MW) for FY 2026
Total revenue per year = USD (3.25*78.432*24*365/1000) = USD2232.96 million
Exchange rate (1 USD = RM 4.20) = RM9378.428 million
Net profit margin (30%) = RM2813.528 million
Net profit from leasing 48 MW to Sea Ltd per year = RM100.800 million
YTLPower owns 60% of this data center.
The net profit from YTLPower = 1748.597 million per year
Net profit from 150 MW of RE = 338.000 Million
Total net profit from DC = 2086.597 Million
Number of shares issued = 8.264 billion
EPS = 0.252

FY 2026
EPS from DC = 0.252
EPS from the existing business less 10% due to appreciation of RM = 0.387
Total EPS = 0.639
Assume PER = 10, the target price = 6.39
Assume PER = 15, the target price = 9.59

Hengyuan is a loss making company for many quarters, the lowest share price of Hengyuan is 1.97.
YTLPower made a net profit of RM3.464 billion in FY 2024, can the share price of YTLPower drops to 2.00 ?
I project the net profit for FY 2026 is RM5.55 billion.
Can the share price of YTLPower drops to 2.00 ?

If it is true that the share price of YTLPower drops to 2.00, I will definitely leave I3 for good.
I do not have such a thick skin face to face all readers in I3.
Money is important to me, but reputation is even more important than money.
I walk the talk here.
Thank you.

Posted by xiaoeh > 9 hours ago | Report Abuse

share price is irrational in the short run
it has nothing to do with the company FA and sometimes ineffective with the mkt
please do not make such a promise
----------------------------
I am still strongly promote YTLPower, I do not mind to lose back my profit which I made previously.

If the share price of YTLPower able to drop to 2.00, I think I need to quit my postings in I3 and have to make a major decision to retire from I3.
This is my decision to prove that I talk with facts and figures.
If I am totally wrong, it is a big embarrassment for me to stay in I3.
I do not have such a thick skin face to appear in I3 again.

I never tell lies in I3 and I also never talk cock in I3.
I post my article with facts and figures.
I do my homework before I post it in I3.
I walk the talk.

Good luck.
Thank you.

During its recent GTC conference in March, Nvidia announced the launch of the new Blackwell platform, with only select partners with first access to the chips.

The list includes hyperscalers (AWS, Google Cloud, Microsoft Azure, Oracle Cloud Infrastructure).

Nvidia Colour Partners (Applied Digital, Coreweave, Crusoe, IBM Cloud, Lambda) and sovereign AI cloud providers (Nebius, Nexgen Cloud, Singtel, Yotta, and YTLP).

I believe AWS (Amazon), Oracle, Microsoft and IBM have a good potential to lease AI data centres from YTLPower.
These customers may be part of 40+40 MW leased by hyperscalers.

Oracle will invest US$6.5 billion in AI cloud and data centres in Malaysia. It will be very good news if Oracle really participates in the AI data centres of YTLPower like Nvidia. I believe this information will be available soon since Oracle has no intention to buy land and build AI data centres herself. If Oracle is keen to work with Nvidia on AI data centres, it is a logical choice to select the AI data centers of YTLPower.

Amazon will invest US$6.2 billion in AI cloud and data centres in Malaysia. It will be very good news if Amazon really participates in the AI data centres of YTLPower like Nvidia. I believe this information will be available soon since Amazon has no intention to buy land and build AI data centres herself. If Amazon is keen to work with Nvidia on AI data centres, it is a logical choice to select the AI data centers of YTLPower.

All the news shown big potential earning from AI data centers.
No reason to sell YTLPower loh.
Good luck.
Thank you.

I am still strongly promote YTLPower, I do not mind to lose back my profit which I made previously.

If the share price of YTLPower able to drop to 2.00, I think I need to quit my postings in I3 and have to make a major decision to retire from I3.
This is my decision to prove that I talk with facts and figures.
If I am totally wrong, it is a big embarrassment for me to stay in I3.
I do not have such a thick skin face to appear in I3 again.
Good luck.
Thank you.

@ Mr dragon328,
I notice that your projected profit calculation did not include potential profit of RM338 from 150 MW of RE.
Please note that YTLPower will set up its own RE to supply electricity to the AI data centres.
There are a big profit of RM338 million from 150 MW of RE we missed out in our calculation.
Please help to verify my calculation on this extra RM338 million profit from 150 MW of RE.
Thank you.

Calculation
If the charge per GPU per hour = USD 3.25 (100 MW) for FY 2026
Total revenue per year = USD (3.25*78.432*24*365/1000) = USD2232.96 million
Exchange rate (1 USD = RM 4.20) = RM9378.428 million
Net profit margin (30%) = RM2813.528 million
Net profit from leasing 48 MW to Sea Ltd per year = RM100.800 million
YTLPower owns 60% of this data center.
The net profit from YTLPower = 1748.597 million per year
Net profit from 150 MW of RE = 338.000 Million
Total net profit from DC = 2086.597 Million
Number of shares issued = 8.264 billion
EPS = 0.252

FY 2026
EPS from DC = 0.252
EPS from the existing business less 10% due to appreciation of RM = 0.387
Total EPS = 0.639
Assume PER = 10, the target price = 6.39
Assume PER = 15, the target price = 9.59

During its recent GTC conference in March, Nvidia announced the launch of the new Blackwell platform, with only select partners with first access to the chips. The list includes hyperscalers (AWS, Google Cloud, Microsoft Azure, Oracle Cloud Infrastructure). Nvidia Colour Partners (Applied Digital, Coreweave, Crusoe, IBM Cloud, Lambda) and sovereign AI cloud providers (Nebius, Nexgen Cloud, Singtel, Yotta, and YTLP).

I believe AWS (Amazon), Oracle, Microsoft and IBM have a good potential to lease AI data centres from YTLPower. These customers may be part of 40+40 MW leased by hyperscalers.

Oracle will invest US$6.5 billion in AI cloud and data centres in Malaysia. It will be very good news if Oracle really participates in the AI data centres of YTLPower like Nvidia. I believe this information will be available soon since Oracle has no intention to buy land and build AI data centres herself. If Oracle is keen to work with Nvidia on AI data centres, it is a logical choice to select the AI data centers of YTLPower.

Amazon will invest US$6.2 billion in AI cloud and data centres in Malaysia. It will be very good news if Amazon really participates in the AI data centres of YTLPower like Nvidia. I believe this information will be available soon since Amazon has no intention to buy land and build AI data centres herself. If Amazon is keen to work with Nvidia on AI data centres, it is a logical choice to select the AI data centers of YTLPower.

All the news shown big potential earning from AI data centers.
No reason to sell YTLPower loh.
Good luck.
Thank you.

Target price of YTLPower set by broker
HLIB - 7.45
Macquarie - 7.30
Affin - 6.45
TA - 6.39
MIDF - 6.39
RHB - 5.94
CIMB - 5.50

How to achieve this target price in 2024 if the share price continue to drop ?
Why still there are so many buyers queue to buy at 3.40 ?
Sure or not can drop to 2.00 !!
Global Fund managers are strongly recommend to buy Nvidia even at such high price.
Nvidia is the top stock picked by this investment guru.
I just come back from The Standard Chartered share investment seminar/promotion today.
Why ?
Nvidia is the partner of YTLPower on AI data centre.
Collaboration with Nvidia will bring huge profit to YTLPower on AI data centers.
Huge profit at least > 1.0 billion will be shown on FY 2026 profit.
3.30 is the bottom share price, hope the share price will support at 3.30.
Good luck.
Thank you.

Technology index is above 20-day EMA and it is bullish temporarily, hope that the worst is over for this stock.
RM also depreciated 5%, hope that the sell down on technology stock is over.
Good luck.
Thank you.

Technology index is above 20-day EMA and it is bullish temporarily, hope that the worst is over for this stock.
RM also depreciated 5%, hope that the sell down on technology stock is over.
Good luck.
Thank you.

Posted by ZennyBoy > 9 hours ago | Report Abuse

@OTB, I am new to investing but been learning a lot from you. I have a question about this statement from you to Beta Ipoh:
78,432 is derived from below.

Number of GPUs in one server 8,
Number of servers (100MW divide by 0.0102) 9,804,
Number of GPUs in total 78,431.

Can you explain deeper on your calculation of 0.0102 above? Thanks!
------------------------
The value 0.0102 seems to be a reference to the power consumption per server (in megawatts, MW). This number indicates that each server consumes 0.0102 MW, or 10.2 kilowatts (kW).
This means that with a 100 MW power capacity, you can support 9,804 servers, where each server consumes 0.0102 MW.

Why 0.0102?
The value 0.0102 MW likely reflects the specific power consumption of a certain server type equipped with multiple GPUs. In data centers, high-performance servers with multiple GPUs (used for AI, machine learning, or data processing) typically consume significant power, and this calculation aims to estimate how many such servers can run on 100 MW of power.

Does that help clarify the calculation ?
Thank you.

78,432 is derived from below.

Number of GPUs in one server 8 Details
Number of servers (100MW divide by 0.0102) 9,804
Number of GPUs in total 78,431

Thank you.

@Beta Ipoh,
USD (3.25*78.432*24*365*/1000), the amount expressed in million.
The above is the formula to calculate 100 MW of AI data centre.
I get this formula from the analyst report.

If I use USD (3.25*78432*24*365), the amount is expressed in billion.
180 MW = 1.8 * 100 MW.
Hope I explain.
Thank you.

@ Mr dragon328,
I predict Oracle and Microsoft will collaborate and lease AI data centres from YTLPower because of the collaboration of Nvidia with YTLPower.
If my prediction is true, the share price of YTLPower will be very high.
I put very high hope on this prediction.
Thank you.

@ Mr dragon328,
Thank you for your comments.
Currency exchange rate is very difficult to predict.
I just try to use a higher rate so that my EPS is lower.
Thank you.

Target price of YTLPower set by broker
HLIB - 7.45
Macquarie - 7.30
Affin - 6.45
TA - 6.39
MIDF - 6.39
RHB - 5.94
CIMB - 5.50

Recommendation
It is very difficult to forecast the actual profit of YTLPower until a clearer picture surfaced. All the above projected profits are based on my assumptions only. I just try my very best to project this future profit so that all my valued readers are better informed and ensure they invest in this good fundamental stock to win big.
I believe the share price of YTLPower cannot move up north temporarily due to an investigation by MACC on YTL Communications. We have to wait for a while to let his investigation be resolved. YTLPower is an international company doing business in many parts of the world. YTLPower helps Malaysia to earn a big sum of money from foreign countries, it is logical that the government cannot afford to do a big harm to her unless it is a big corruption scandal involving YTLPower.
I believe the share price of YTLPower at 3.30 is the bottom price, hence the downside is limited now. I will not cut losses anymore. I will Just hold on to the share because the upside potential is very big due to huge profit from AI data centres. I will ignore current bearish market sentiments and also the bearish technical chart. I will just keep YTLPower shares on a bit longer term basis.
Please note that many shortiests are not brave enough to short YTLPower shares because they know that the big profit from AI data centres will come into effect in FY 2025 and FY 2026/7.
I have been studying the AI data centres in the US and Nvidia for a long period of time, I just cannot believe that the potential profit from AI data centres is so huge.
There must be a good reason why all brokers in town are recommending a high target price for YTLPower. I believe the potential is from the AI data centres.
I dare not aim so high on the target price for FY 2025, if the share price of YTLPower can hit a high around 7.45 as recommended by HLIB, I will feel very happy and laugh all the way to the bank.
The target price for FY 2026 and FY 2027 will be very high because of the full capacity of AI data centres of more than 100 MW are utilised. We can have a better understanding once we read the annual report of YTLPower for FY 2025.
Oracle will invest US$6.5 billion in AI cloud and data centres in Malaysia. It will be very good news if Oracle really participates in the AI data centres of YTLPower like Nvidia. I believe this information will be available soon since Oracle has no intention to buy land and build AI data centres herself. If Oracle is keen to work with Nvidia on AI data centres, it is a logical choice to select the AI data centers of YTLPower.
It's quite plausible that Oracle might consider leasing data center capacity from YTLPower, especially given the established partnership between YTLPower and Nvidia. Oracle is deeply invested in providing AI services and cloud infrastructure, and its collaboration with Nvidia is central to this strategy. Since Nvidia has partnered with YTLPower to establish a 100 MW data center in Johor, Malaysia, it's reasonable to assume that Oracle could utilize these facilities to support its AI-driven cloud services, particularly for Nvidia-related infrastructure like NVIDIA DGX Cloud.
I believe Oracle may lease 50 to 100 MW AI data centres in Johor from YTLPower in the near future. If this information is true, the potential profit from this AI data centre will be huge to the extent of > RM10 billion per year based on the aforesaid calculation. The future potential profit from these AI data centres will be the core business of YTLPower. I also believe the share price of YTLPower will cross RM10.00 easily if the above deal is struck.
The Nvidia supercomputer will help the share price of YTLPower to go up to new highs.
YTLPower is very lucky to be selected as a partner of Nvidia in this AI DC project.
It is not so easy to find a very good fundamental and strong growth stock like YTLPower. Hence just buy and hold YTLPower on a longer term basis.
If you buy YTLPower shares around RM3.70, if the share price of YTLPower is able to hit the target price of RM7.45 set by HLIB, the ROI is > 100%.

The final decision to buy is always yours.
Good luck.
Thank you.

Nvidia will invest 100 MW of AI data centres in FY 2025/6, a hyperscaler will lease 40 MW + 40 MW in FY 2026/7.
Sea Ltd will lease 48 MW data centres without AI in stages from FY 2025/6.

Constraints
It is very difficult to find out the actual customer beside Nvidia because this information is confidential now.
The amount of MW required by the customers of YTL Power and the timing of finished construction of data centres building to be handed over to the customers are very important to determine the projected profits.
The customer is using an AI data centre or data centre without AI (as a storage only). The rental fee for an AI data centre is a few times more expensive than a normal data centre without AI.
The actual MW usage of all customers for financial years.
Can 100 MW AI data centres be ready in FY 2025 and FY 2026 ? I will assume 50 MW in FY 2025 and > 100 MW in FY 2026.
Do not know whether the data centre is using H100 chips or the latest Blackwell GB200 GPU chips which are more expensive and almost twice the selling price of H100 chips.

Assumptions
I will assume the first 50 MW AI data centre and 30 MW data centre without AI utilise in FY 2025.
I will assume the first 100 MW AI data centre and 48 MW data centre without AI utilise in FY 2026.
I will assume the first 180 MW AI data centre and 48 MW data centre without AI utilise in FY 2027.
I assume this data centre will use H100 chips in FY 2025 and FY 2026. If the latest Blackwell B200 GPU chips are used partially in FY 2026, the revenue will increase accordingly. I have no problem taking a lower revenue in FY 2026.
According to the latest information I gathered, the hourly rate charged in the leasing is ranging from US$4.40 to US$6.65 per hour in the US. This charge is applicable to the US market only. In actual fact, the land cost and infrastructure cost are cheaper in Malaysia, hence it is not advisable to use the US rate to apply in Malaysia. Thus, I decided to follow the hourly rate charged by Macquarie's analyst at US$3.25.
I decided to use the profit margin of around 30% of the revenue. I prefer the profit margin to be lower so that I will not inflate the target price of YTLPower.
I will use the yearly profit of 2.1 million for every MW of data centres without AI leased out to the customers.
Please note this statement made by Jensen Huang in the US presentation. "According to Jensen Huang, for every dollar a cloud service provider spends with Nvidia, it translates to $5 worth of rentals. The profit margin of the AI data centre is very huge (400% margin)".
I believe there is no tax on the profit of YTLPower from the data centres project.

Calculation
If the charge per GPU per hour = USD 3.25 (50 MW) for FY 2025
Total revenue per year = USD (3.25*78.432*24*365/1000)/2 = USD1116.480 million
Exchange rate (1 USD = RM 4.20) = RM4689.214 million
Net profit margin (30%) = RM1406.764 million
Net profit from leasing 30 MW to Sea Ltd per year = RM63.000 million
YTLPower owns 60% of this data center.
The net profit from YTLPower = 881.859 million per year
Number of shares issued = 8.264 billion
EPS = 0.107
FY 2025
EPS from DC = 0.107
EPS from the existing business less 10% due to appreciation of RM = 0.387
Total EPS = 0.494
Assume PER = 10, the target price = 4.94
Assume PER = 15, the target price = 7.41

Calculation
If the charge per GPU per hour = USD 3.25 (100 MW) for FY 2026
Total revenue per year = USD (3.25*78.432*24*365/1000) = USD2232.96 million
Exchange rate (1 USD = RM 4.20) = RM9378.428 million
Net profit margin (30%) = RM2813.528 million
Net profit from leasing 48 MW to Sea Ltd per year = RM100.800 million
YTLPower owns 60% of this data center.
The net profit from YTLPower = 1748.597 million per year
Number of shares issued = 8.264 billion
EPS = 0.212
FY 2026
EPS from DC = 0.212
EPS from the existing business less 10% due to appreciation of RM = 0.387
Total EPS = 0.600
Assume PER = 10, the target price = 6.00
Assume PER = 15, the target price = 9.00

Calculation
If the charge per GPU per hour = USD 3.25 (180 MW) for FY 2027
Total revenue per year = USD (3.25*78.432*24*365*1.8/1000) = USD4328.505 million
Exchange rate (1 USD = RM 4.20) = RM18179.722 million
Net profit margin (30%) = RM5453.917 million
Net profit from leasing 48 MW to Sea Ltd per year = RM100.800 million
YTLPower owns 60% of this data center.
The net profit from YTLPower = 3332.830 million per year
Number of shares issued = 8.264 billion
EPS = 0.403
FY 2027
EPS from DC = 0.403
EPS from the existing business less 10% due to appreciation of RM = 0.387
Total EPS = 0.790
Assume PER = 10, the target price = 7.90
Assume PER = 15, the target price = 11.85

Thank you @ Mr wangge for your good words.
Since everyone is happy to share, I also want to share my write-up below.
Thank you.

To make PureBULL sifu happy, hope the share price of YTLPower can cross 3.70 today.
3.69 is at 20-day EMA.
Hope the uptrend will start soon.
Good luck.
Thank you.

Posted by PureBULL ... > 6 hours ago | Report Abuse

c. this DC from the world richest man is real n happening in our msia;
https://theedgemalaysia.com/node/728738
----------------------
@PureBULL sifu,
I believe you are right.

Oracle and OCI have no plan to buy land to build AI data centres.

Given the deep collaboration between Nvidia, Oracle, and OCI, along with the strategic importance of cloud infrastructure in Southeast Asia, it is quite likely that OCI could follow a similar path to Oracle by utilizing YTLPower’s data centers. This would align with both Oracle’s and OCI’s goals of accelerating AI development and cloud service deployment​

I believe Oracle and OCI will take up 100 MW of AI data centres of YTLPower.
If it is true, the share price of YTLPower will skyrocket up to the roof.

If it is true like what I predict, the profit from AI data centres will be very huge.
Good luck.
Thank you.

Thank you Mr dragon328.

Posted by dragon328 > 2 minutes ago | Report Abuse

Until I read any confirmation of the deal, I am keeping my forecast net profit of RM3.75 billion (EPS of 46.2 sen) for FY2025 and RM4.71 billion (EPS of 58.1 sen) for FY2026, having included earnings contribution from data centres with SEA Ltd, Nvidia and a hyperscaler.
------------------------
@Mr dragon328,
Based on your calculation, this hyperscaler is taking up how many MW of data centres.
Likewise, SEA Ltd.
The data centres they take up, are they AI data centres or data centres without AI ?
Please advise.
Thank you.

The strength of RM is on the uptrend basing on the technical chart.
I agreed that the appreciation of RM is too fast and too soon.
It may cause more problem for exporters to do business.
I strongly believe it is good for the present government or BNM to reduce interest rate by 25 bp to reduce the strength of the RM.
It is also good that the appreciation of RM will be gradual and this will give enough time for all business to adjust to this new phenomenon.

There are many advantages of reducing interest rate by 25 bp.
All loan borrowers have lower installments to pay.
This extra money can be used to invest in property, stock market, buy car and etc.
This extra spending will improve the economy of Malaysia and improve GDP further.

I hope the BNM will reduce the interest rate by 25 bp soon.
If the BNM can reduce interest rate by 25 bp, it will help KLSE to perform better.
Thank you.

The strength of RM is on the uptrend basing on the technical chart.
I agreed that the appreciation of RM is too fast and too soon.
It may cause more problem for exporters to do business.
I strongly believe it is good for the present government or BNM to reduce interest rate by 25 bp to reduce the strength of the RM.
It is also good that the appreciation of RM will be gradual and this will give enough time for all business to adjust to this new phenomenon.

There are many advantages of reducing interest rate by 25 bp.
All loan borrowers have lower installments to pay.
This extra money can be used to invest in property, stock market, buy car and etc.
This extra spending will improve the economy of Malaysia and improve GDP further.

I hope the BNM will reduce the interest rate by 25 bp soon.
Thank you.

I always give a chance to everyone here.
I try to talk to him nicely.
I do not attack anyone here.
I do not badmouth anyone here.
Anyway, there is always a limit of tolerances.
Thank you.

Posted by klee > 4 minutes ago | Report Abuse

OTB.Wait for the chicken.Get your lawyers ready.Sue him till bankrupt.
------------------
I have engaged a lawyer to sue him in court until bankrupt.
1 or 2 million legal fee is nothing to me.
The lawyer will check who is this person and has done some paperwork to pursue the case.
I have "copy and paste" all his postings in my computer to serve as evidence.
I have followed the lawyer's instruction to collect all the evidences needed here.
We need to wait patiently for the durian to drop.

Thank you klee.

Posted by fx115w > 29 minutes ago | Report Abuse

@Jeffrey… Please just stop it.
Whatever you had with OTB,
everyone here already heard it.
We will be cautious in trading.
Please just stop your repeating,
Non-informative posting.
If you have any facts or figures
regarding YTL, either good or bad,
you are welcome to post it.

Otherwise just please stop it, please.
-------------------------
I just say sorry to you.
Very sad to go until this stage.
Sorry again.
Thank you.

Posted by HuatRex1314 > 2 minutes ago | Report Abuse

What happen to this forum with all the cursing?
-------------------
I just say sorry to you.
Very sad to go until this stage.
Sorry again.
Thank you.

Posted by klee > 4 minutes ago | Report Abuse

OTB.Wait for the chicken.Get your lawyers ready.Sue him till bankrupt.
------------------
I have engaged a lawyer to sue him in court until bankrupt.
The lawyer will check who is this person and has done some paperwork to pursue the case.
We need to wait patiently for the durian to drop.
Thank you.