FPSO Atlanta. Brazil. 100% stake.
https://www.oedigital.com/news/494478-malaysia-s-yinson-brazil-s-enauta-pen-firm-contracts-for-atlanta-field-fpso
Contract value = USD 1.9 billion. 15 years firm and with option to extend 5 years.
Start operation in mid-2024.
Annual (charter rate) revenue = USD 1900 million/15 = USD 126.67 million = RM 595.35 million (1 USD = RM 4.70)
PBT (40% of revenue) = 238.14 million
PAT (37% tax) = 150.03 million

The PAT of this FPSO is RM 150 million per year for the next 15 years.
The charter service contract is 15 years firm and with option to extend 5 years.
Hope that the share price of Yinson will perform well in 2024.
Good luck.
Thank you.

Posted by cgtan2020 > 19 minutes ago | Report Abuse

@dragon328 CoreWeave will have about 45,000 GPU (NVIDIA HGX H100) in 2024, with each GPU rent @ USD4.76 per hour. If 90% of the capacities is on rent, it will generate about USD1.688Billion of revenue in 2024. How do you think YTL AI DC of 100MW will be like when all is deployed? Conservative guess will do.
-------------------------
Sorry !!
I try my method to calculate the EPS based on the aforesaid information.
Revenue = USD 1.688 Billion = RM 7.934 Billion (1 USD = RM 4.70)
EBITDA margin 50% = RM 3.967 Billion
PAT = 2.856 Billion (Assuming 28% tax)
NOSI = 8.158 Billion
Additional EPS = 0.35 in FY 2024
EPS from normal operations = 0.42
Total EPS = 0.77
If PER = 10, Target Price = 7.70
If PER = 15, Target Price = 11.55
Thank you.

Dear Bohliau10,
Please summarise your posting.
Old news please delete them.
Very difficult to read, do not know which is the new news and which one is the old one.
The posting by others can be read easily.
Please help.
Thank you.

The analyst from Interpac broker gives a PAT of 135 M in FY 2024 and 150M in FY 2025.
It means a growth of 35% in 2024 and 50% in 2025 if compared against PAT in 2023.
This stock is one of the best growth stocks in 2024 beside YTLPower.

Should keep a bit longer term for KGB and YTLPower to win big.
It is not so easy to find a strong growth stock in KLSE.
In KLSE, you cannot find a very good fundamental stock and also a growth stock.

KGB is a bit related to semiconductor industries, based on the report from Kenanga, the semiconductor industry will grow 12% in 2024 and 24% in 2025 respectively.
Thank you.

Posted by dragon328 > 13 minutes ago | Report Abuse

Hong Leong analyst has made a non-biased and professional assessment of the earnings prospect of YTLP, projecting a net profit of RM3.327b (EPS of 41.1 sen) for FY24, RM3.794b (EPS of 46.8 sen) for FY25 and RM3.896b (EPS of 48.1 sen) for FY26.

These are very close to what I have projected earlier - EPS of 40-42 sen for FY24 and 45+ sen for FY25 incorporating only 6 months (Jan-Jun 25) of contribution from AI data centre.

Posted by dragon328 > 16 minutes ago | Report Abuse

Hong Leong analyst Daniel Wong gave a very good update report on YTL Power this morning, reiterating BUY call with a tp of RM5.55.

After getting a management update, he commented on the latest AI venture development: "The mew setup YTL AI Cloud, in deploying and managing NVIDIA's latest Grace Blackwell-powered DGX Cloud (adopting GB200 GPUs), indicates NVIDIA's strong support of YTLPI's digital venture."

On Wessex Waters, he mentioned that the announced 11-12% average tariff hike for wholesale and 12-14% tariff hike for household effective Apr 2024 will revert Wessex into black in 4QFY2024 and a full year turnaround in FY25. It is also estimated of a further 15% increment in average tariff based on upcoming AMP8 (2025-2030) proposal for higher GBP3.5 billion capex spending (vs. GBP1.5bn in AMP7) and higher allowable real return (WACC based on CPIH) of 4.39% (vs 2.96% in AMP7). Hence he expects an even stronger results from FY26 onwards with accelerating RCV asset size (GBP4.2bn as at end-2023).

On PowerSeraya, he stated that Singapore's retail electricity prices continued to trend higher for the past few months (with actual data from major electricity retailers) despite the drop in average wholesale USEP. He said the management had guided that 75-80% of PowerSeraya business is driven by retail segment with another 10-15% by SP Group (i.e. vesting contracts with fixed margin). Hence the exposure to the wholesale USEP segment is just 5-10%.

"While YTLP does not have direct peers, we are still able to relate YTLP's earnings to Keppel, Sembcorb Industry and First Pacific with regards to the Singapore utilities sector. Bloomberg concensus has been estimating increasing earnings for Keppel, Sembcorp and First Pacific for FY12/24-26, contrary to YTLP's concensus estimating deteriorating earnings profile for FY06/24-26. We believe the concensus estimates is mainly due to concensus' lack of understanding of Singapore's utilities structure and consequently, earnings sustainability of YTLP."

This clearly supports my earlier argument that PowerSeraya's earnings will sustain into 2026 as there will be no new capacity supply in Singapore. Local analysts' projection of substantially lower earnings for PowerSeraya in FY06/24-26 is due to the lack of understanding of the Singapore electricity market and structure. They have obviously over-played the "normalisation" of PowerSeraya earnings.

Post removed.Why?

Post removed.Why?

Many readers here are fearful of YTLPower because of the badmouth news by naysayers in this forum. Please read the technical chart again to comfort yourself.

Those readers who are good in technical charting, please verify my message below and tell me any part of my article is not true.
Did I simply talk without facts in this article using imagination instead of a true technical charting technique ?
All comments are welcome so that I can improve myself.
Thank you.

--------------------------
Posted by HuatRex1314 > 21 hours ago | Report Abuse
Based on my 20 years of TA analysis, ytlp will break above 3.70 very soon. Let's see.
------------------------
Looking at the closing price at 4.50 pm, many buyers appeared and absorbed many big selling orders.
The volume transacted at 4.50 pm is around 34 million shares at 3.68.
I believe your prediction is excellent, hope that the share price of YTLPower will cross 3.71 next week.
Good luck.
Thank you.
-------------------------------
I hope that the share price of YTLPower will cross 3.71 to confirm a trend reversal.
It is even better if the share price can cross 3.79 convincingly because 3.79 is the price level of 20-day EMA.
Once 3.71 is crossed convincingly, stochastic, daily MACD, Parabolic SAR and Force index will show buy signals to confirm the long correction mode is over.
This correction is quite long, it lasted > 1.5 months.
The uptrend will start after 3.71 is crossed convincingly.

Looking at the monthly chart, the present correction is a Second wave down. Once the Third Wave up starts, the share price movement will be very fierce. I believe the share price of YTLPower will move up north very fast. I also believe the target price of YTLPower in 2024 will be very high.
My 2 cents comment based on TA.
Thank you.

Thank you dragon328 for your explanation.
Best regards always

Post removed.Why?

Posted by OTB > 1 week ago | Report Abuse

UBS sold 57.8 million shares on 29/2/2024, the volume was very high.
However, the candle on 29/2/2024 is still green.
It means other funds are buying while UBS was selling.
Thank you.
------------------
The share price of YTL is at new high.
It means other institution funds are buying YTL despite UBS is reducing its stake.
Good news.
Thank you.

Posted by OTB > 1 week ago | Report Abuse

UBS sold 57.8 million shares on 29/2/2024, the volume was very high.
However, the candle on 29/2/2024 is still green.
It means other funds are buying while UBS was selling.
Thank you.
------------------
The share price of YTL is at new high.
It means other institution funds are buying YTL despite UBS is reducing its stake.
Good news.
Thank you.

Post removed.Why?

Posted by HuatRex1314 > 21 hours ago | Report Abuse
Based on my 20 years of TA analysis, ytlp will break above 3.70 very soon. Let's see.
------------------------
Looking at the closing price at 4.50 pm, many buyers appeared and absorbed many big selling orders.
The volume transacted at 4.50 pm is around 34 million shares at 3.68.
I believe your prediction is excellent, hope that the share price of YTLPower will cross 3.71 next week.
Good luck.
Thank you.
-------------------------------
I hope that the share price of YTLPower will cross 3.71 to confirm a trend reversal.
It is even better if the share price can cross 3.79 convincingly because 3.79 is the price level of 20-day EMA.
Once 3.71 is crossed convincingly, stochastic, daily MACD, Parabolic SAR and Force index will show buy signals to confirm the long correction mode is over.
This correction is quite long, it lasted > 1.5 months.
The uptrend will start after 3.71 is crossed convincingly.
Looking at the monthly chart, the present correction is a Second wave down. Once the Third Wave up starts, the share price movement will be very fierce. I believe the share price of YTLPower will move up north very fast. I also believe the target price of YTLPower in 2024 will be very high.
My 2 cents comment based on TA.
Thank you.

Posted by HuatRex1314 > 21 hours ago | Report Abuse
Based on my 20 years of TA analysis, ytlp will break above 3.70 very soon. Let's see.
------------------------
Looking at the closing price at 4.50 pm, many buyers appeared and absorbed many big selling orders.
The volume transacted at 4.50 pm is around 34 million shares at 3.68.
I believe your prediction is excellent, hope that the share price of YTLPower will cross 3.71 next week.
Good luck.
Thank you.
-------------------------------
I hope that the share price of YTLPower will cross 3.71 to confirm a trend reversal.
It is even better if the share price can cross 3.79 convincingly because 3.79 is the price level of 20-day EMA.
Once 3.71 is crossed convincingly, stochastic, daily MACD, Parabolic SAR and Force index will show buy signals to confirm the long correction mode is over.
This correction is quite long, it lasted > 1.5 months.
The uptrend will start after 3.71 is crossed convincingly.
Looking at the monthly chart, the present correction is a Second wave down. Once the Third Wave up starts, the share price movement will be very fierce. I believe the share price of YTLPower will move up north very fast. I also believe the target price of YTLPower in 2024 will be very high.
My 2 cents comment based on TA.
Thank you.

Dear dragon328,
In Malaysia, I know that the electricity tariff is moving up in one direction in the last 40 years, i.e moving up and never moving down.
I do not know about the electricity tariff in Singapore, so far did the electricity tariff went down in the past 20 years ?
Please advise.
Thank you.

Posted by HuatRex1314 > 21 hours ago | Report Abuse
Based on my 20 years of TA analysis, ytlp will break above 3.70 very soon. Let's see.
------------------------
Looking at the closing price at 4.50 pm, many buyers appeared and absorbed many big selling orders.
The volume transacted at 4.50 pm is around 34 million shares at 3.68.
I believe your prediction is excellent, hope that the share price of YTLPower will cross 3.71 next week.
Good luck.
Thank you.

Posted by HuatRex1314 > 21 hours ago | Report Abuse
Based on my 20 years of TA analysis, ytlp will break above 3.70 very soon. Let's see.
------------------------
Looking at the closing price at 4.50 pm, many buyers appeared and absorbed many big selling orders.
The volume transacted at 4.50 pm is around 34 million shares at 3.68.
I believe your prediction is excellent, hope that the share price of YTLPower will cross 3.71 next week.
Good luck.
Thank you.

Posted by Felix666888 > 3 minutes ago | Report Abuse
Why after 1 month came and show off here sold at 4.20? This got code of ethic?
--------------------
Are you a mad lady here ?
Do you know that you are simply telling lies here ?
I recommended YTLPower at 1.10, I already informed all readers here my target price is 4.20.
Please check my postings in this forum.
I never inform any reader here to sell shares, it is my code of ethic.
Say what you like, I have made it very clear here.
Please stop attack me.
I never attack you, I do not want to have any dealing with you.
Please leave me alone.
Any attacker on you is not my macai unless you can show proof.
No good to simply accused me.
I did not harm you at all.
Thank you.

Post removed.Why?

Enough loh !!
I did not steal.
I did not commit CBT in Malaysia.
I am not a thief.
I stop here.

Ks55,
I am definitely more educated than you.
At least I did not steal money.
At least I did not commit CBT in Malaysia.
I am not a thief here.

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Posted by Felix666888 > 1 hour ago | Report Abuse
Some people said they have code of ethic, they don't tell formers here when to sell. During Feb 2024 when the price hit the peak they still full force hard selling YTLP. After 1 month they posted here have sold at the peak price.
I don't understand what is this code of ethic loh.
------------------------
You behave very low class and uneducated here.
Do not simply say something is not true.
I did not promote YTLPower after the share price crossed 3.00.
I did not promote very strongly when I recommended a buy at 1.10.

Please show me any proof that I badmouth any stock.
Please show me any article I tell readers in I3 to sell stock.
Very sad to read your postings, talking nonsense without facts.
Please show proof.

Post removed.Why?

Thank you HuatRex1314.
Appreciate your reply to boost up my morale and conviction.
Best regards always.

The total order book of Yinson = USD 22.4 billion or RM 105 billion, it can last until 2048.
The production cost of a FPSO is about USD 10 per barrel.
Even the crude oil price is at USD 80 per barrel, the oil company is laughing all the way to the bank.
The oil company wants the FPSO vessel urgently.
The FPSOs Maria Quitera and Atlanta will be delivered in the mid of 2024.
Once they find oil, Yinson will charge the chartered rate, the editda of a FPSO is about 40% of the revenue.

1.) FPSO Maria Quitéria. Brazil. 100% stake.
https://www.theedgemarkets.com/article/yinson-lands-fpso-contracts-worth-us52-billion-brazil
Contract value = USD 5.2 billion. 22.5 years firm.
Start operation in mid-2024.
Annual (charter rate) revenue = USD 5200 million/22.5 = USD 231.11 million = RM 1.086 billion (1 USD = RM 4.70)
PBT (40% of revenue) = 434.40 million
PAT (37% tax) = 273.67 million

2.) FPSO Atlanta. Brazil. 100% stake.
https://www.oedigital.com/news/494478-malaysia-s-yinson-brazil-s-enauta-pen-firm-contracts-for-atlanta-field-fpso
Contract value = USD 1.9 billion. 15 years firm and with option to extend 5 years.
Start operation in mid-2024.
Annual (charter rate) revenue = USD 1900 million/15 = USD 126.67 million = RM 595.35 million (1 USD = RM 4.70)
PBT (40% of revenue) = 238.14 million
PAT (37% tax) = 150.03 million

The PAT of these 2 FPSOs is RM 424 million per year.
Hope that the share price of Yinson will perform well in 2024.
Good luck.
Thank you.

Hope that the share price of YTLPower will cross 3.71 next week to confirm a trend reversal.
Once 3.71 is crossed convincingly, stochastic, daily MACD, Parabolic SAR and Force index will show buy signals to confirm the long correction mode is over.
This correction is quite long, it lasted > 1.5 months.
The uptrend will start after 3.71 is crossed convincingly.
Good luck.
Thank you.

Posted by HuatRex1314 > 21 hours ago | Report Abuse
Based on my 20 years of TA analysis, ytlp will break above 3.70 very soon. Let's see.
------------------------
Looking at the closing price at 4.50, many buyers appeared and absorbed many big selling orders.
The volume transacted at 4.50 pm is around 34 million shares at 3.68.
I believe your prediction is excellent, hope that the share price of YTLPower will cross 3.71 next week.
Good luck.
Thank you.

Posted by xiaoeh > 17 minutes ago | Report Abuse

and look at OTB sifu
to clear himself clean he can just brought out unproven news
no point arguing with this so call master la
-------------------
Please leave me alone.
I do not do any harm to anyone here.
Likewise in YTLPower.
I share my information with good deeds.
I never attack anyone in I3.
Thank you.

Ks55 is a CBT offender in Malaysia, he committed a cheating case in Malaysia.
His words cannot be trusted.

I treasure my reputation, money is not so important now.
It is wasting time to argue with a CBT offender.
Result will speak louder at the end of 2024.

YTLPower can perform or not, time will tell.
I stop here.

Post removed.Why?

How to trust a CBT offender ?
Real cheating.

Money is not everything, reputation is more important than money.
I prefer reputation so that I can stand tall in the society.
No worry, his money will be lost in other mean.
Sad to know this story.

Post removed.Why?

Posted by ks55akaKFCHEN > 3 minutes ago | Report Abuse
I am ks55 aka GMCHENKWONG FATT .I was sacked for CBT while working as A GENERAL MANAGER in AMSTEEL..got credibility meh
-------------------
Oh !! how to trust this person !!
This person has CBT records.
No wonder, nobody trusts him loh !!
Still talk as if he is so good.
Too bad, no one trusts his words.
Readers here think that he is bullshit here.
------------------
I believe it is a true story now.
Money is not everything, reputation is more important than money.
I prefer reputation so that I can stand tall in the society.
No worry, his money will be lost in other mean.
Sad to know this story.

Post removed.Why?

Posted by ks55akaKFCHEN > 3 minutes ago | Report Abuse
I am ks55 aka GMCHENKWONG FATT .I was sacked for CBT while working as A GENERAL MANAGER in AMSTEEL..got credibility meh
-------------------
Oh !! how to trust this person !!
This person has CBT records.
No wonder, nobody trusts him loh !!
Still talk as if he is so good.
Too bad, no one trusts his words.
Readers here think that he is bullshit here.
------------------
I believe it is a true story now.
Money is not everything, reputation is more important than money.
I prefer reputation so that I can stand tall in the society.
No worry, his money will be lost in other mean.
Sad to know this story.

I feel very sad to talk to a CBT offender in I3.
I do not wish to argue with this cheater.

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Posted by gohkimhock > 1 hour ago | Report Abuse
KGB - counter of the year for 2024. No doubt.
----------------------
It is so difficult to make money now.
Hope all readers here will make a lot of money.
Good luck.
Thank you.

Posted by Felix888999 > 1 minute ago | Report Abuse
OTB macai #1 using other people`s ID posted a lot of despicable posts when people commented YTLPower.
------------------
Please leave my name out.
I never attack any person in I3.
I am here to share information only.
Thank you.

Posted by jackson1688888 > 29 seconds ago | Report Abuse

We will get more information on 18 March GTC briefing from Nvidia, if the prospect of AI is good , YTLP may move upwards again , currently as long as it still stay above 3.5 consider safe , but I want my cheaper ticket at 3.2 , pls sell to me
-----------------
Please be fair.
If you want to attack me based on facts and figures, it is fair.
If it is a true fact, I will agree and I will apologise to you.
It is my standard practice I had done all the time in I3.
I have no intention to attack you.
But you attack me without facts because you did not understand my article fully.
I wish your investment in YTLPower well and you will make a lot of money in 2024.
Thank you.