Posted by dompeilee > 2023-06-22 07:27 | Report Abuse

First major setback & already all disappeared...this is the calibre of Malaise-ia...

Posted by juon > 2023-06-22 07:52 | Report Abuse

can always lure them back at 0.95, after that kick them to cut loss below 0.89

rinse & repeat, very untung operation

Posted by dompeilee > 2023-06-22 08:39 | Report Abuse

When the contrarian indicator mari, it's always better to sell off first, at least partially, which is what I did...hehe

Posted by ks5S > 2023-06-22 08:53 | Report Abuse

no money, partially sell off to buy at lower.
got money, buy more when people sell off.

Posted by Pinky > 2023-06-22 08:58 | Report Abuse

I'd rather flush out all the short term traders

Posted by shpok4574 > 2023-06-22 09:19 | Report Abuse

YTL no more power, the banker run de

Posted by Lam LH > 2023-06-22 09:42 | Report Abuse

Tomorrow will see the big volume due..

Posted by troy88 > 2023-06-22 09:46 | Report Abuse

will eventually go back to RM1+. Temporary setback slow down it's momentum

Posted by hng33 > 2023-06-22 10:19 | Report Abuse

be patient, just wait for MRT3 award soon, likely before state election to boost up feel good factors

Posted by hng33 > 2023-06-22 10:24 | Report Abuse

MRT3 tender result already release, YTL corp biding for CMC302 is the lowest RM 10.8 billion, IJM is second lowest at RM 11.8 billion. Gov manage to save at least RM 1 billion if award according to tender result.

Posted by hng33 > 2023-06-22 10:26 | Report Abuse

YTL also partner CRCC to bid MRT3 system work package worth RM 7 - RM 10 billion and also partner to bid HSR next tender for HSR

Posted by hng33 > 2023-06-22 10:35 | Report Abuse

YTL wholly own YTL cement (97% stake) is actually far bigger than Mcement. YTL through YTL cement control 78% in Mcement and hold additional unlisted Mcement RCPS which can be converted to Mcement anytime to boots up its stake to 85%, YTL cement operation is larger than Mcement and and record much higher profit than Mcement contribution alone

YTL cement aside through Mcement involve in cement manufacture, YTL cement also operate own upstream construction material like sand, limestone, gravel, concrete, precast and operate Malaysia largest Quarry in Batu Tiga, provide in house raw material for cement production and supply such building material for external construction and property development.

Posted by ks5S > 2023-06-22 11:20 | Report Abuse

IJM share price on downtrend . Maybe due to loss of MRT3 tender

Posted by cwc1981 > 2023-06-22 11:54 | Report Abuse

Hi Hng33. Is the result for MRT 3 tender out?

Posted by hng33 > 2023-06-22 12:10 | Report Abuse

https://www.nst.com.my/business/2023/04/897175/mrt3-project-cost-review-ready-june

Posted by cwc1981 > 2023-06-22 12:36 | Report Abuse

No mentioned who is the successful bidder

Posted by Alex Chua > 2023-06-22 12:43 | Report Abuse

Who successful or not still need cement...

Posted by hng33 > 2023-06-22 12:47 | Report Abuse

Open tender should be based on lowest bidder as all jobs scope in tender are same applies to all bidder.

Of course, cannot rule out if Unity government face political interference later, chose other than lowest bidder as winner.

But, if fair and transparent apply to administration, it should pick lowest bidder as winner, gov with tight budget at least can save RM 1 billion cost to pick YTL RM 10.8 billlion vs. second lowest IjM RM 11. 8 billion

Posted by hng33 > 2023-06-22 12:52 | Report Abuse

Despite IJM involvements in Mrt and mrt2, YTL have vast experienced in train infrastructure and is currently building Gemas double track train and previously built and operate EDL link KL airport and is earlier winner HSR.

Posted by cwc1981 > 2023-06-22 14:13 | Report Abuse

Don't have much faith in the government. They don't seem like walk the talk kind of government. Before become government talk one thing, after become government give another excuse

Posted by dompeilee > 2023-06-22 14:55 | Report Abuse

Agreed...also a lot of corruption that will be exposed if they really come clean.

Posted by hng33 > 2023-06-22 14:59 | Report Abuse

Gov wish to cut cost by RM 5 billion on MRT3 from RM 50 billion to RM 45 billion. For CMC302 package alone , YTL clearly meet gov wish to cut cost by RM 1 billion or 20% of targeted cut cost RM 5 billion from overall total cost

Posted by hng33 > 2023-06-22 15:06 | Report Abuse

YTL able to bid for lowest is simply due to its strong in house cement production (command 60% Malaysia market share) and in house building material supply chain (operate Malaysia largest Quarry in Batu Tiga). YTL through control major construction building material cost have enable it to bid for lowest.

Posted by cwc1981 > 2023-06-22 15:09 | Report Abuse

Hng33 hope you're right

Posted by hng33 > 2023-06-22 15:26 | Report Abuse

i only can said odds is high base on face table, under table nobody known. But if gov really wish to cut cost, YTL is best and fulfil all criteria which give gov good credit and show to public to vote and win in upcoming state election,.

Posted by abc333 > 2023-06-22 15:28 | Report Abuse

price movement of IJM and YTL had reflect the MRT3 goes to YTL.

Posted by hng33 > 2023-06-22 15:40 | Report Abuse

After MRT3, next will be HSR. As HSR is fully private funded, YTL again have strongest financial strength. YTL ERL express train concession business model is best model to applied on HSR. For information YTL ERL is commercial viable and profiting business model under 30 year concession and extend another later for another 30 year. For coming HSR, the initial concession may be longer, 50 year or 60 year and can be extended by another period later

Posted by hng33 > 2023-06-22 15:43 | Report Abuse

ERL - was awarded the concession on August 25 1997 to finance, design, construct, operate and maintain both rail services for 30 years.

ERL secure further extension 30 year in exchange for review the rail fare on three occasions under intial concession agreement

Posted by abc333 > 2023-06-22 15:50 | Report Abuse

if you are betting on HSR, do not forget ekovest , MRCB and IWCITY as well. the only question is when?

Posted by hng33 > 2023-06-22 15:55 | Report Abuse

Yup, HSR could spill over to revival of Bandar Malaysia

Posted by dompeilee > 2023-06-22 16:05 | Report Abuse

Blowhard contrarian indicator & self-confessed monkey reappears...when flush down to 80c again, will disappear again LOL Already sold 2/3 of my holdings & then re-purchased partially @ 88.5c so NO NEED TO worry this time =)

Posted by dompeilee > 2023-06-22 16:11 | Report Abuse

Luckily he's not in S'pore...no wonder my Great Eastern & Ley Choon shares listed there have been soaring recently LOL!!! Thanks, self-confessed monkey!

Posted by dompeilee > 2023-06-22 16:18 | Report Abuse

Posted by xuxu > 2 days ago

pecah, pang72 dah lari ?hehe

This self-confessed monkey is famous for lack of integrity LOL

Posted by ks5S > 2023-06-22 17:04 | Report Abuse

this time all the way to break 1.00

Posted by ks5S > 2023-06-22 17:04 | Report Abuse

no more kakacau cau

Posted by hng33 > 2023-06-23 08:22 | Report Abuse

Indonesia trials first high-speed rail in boost to Jokowi legacy, It is now Anwar turn built HSR for his legacy, a successful launch will pave way for him to outperfrom previous PM, Mah, Muy, Ism

https://www.thestar.com.my/business/business-news/2023/06/23/indonesia-trials-first-high-speed-rail-in-boost-to-jokowi-legacy

Posted by troy88 > 2023-06-23 09:39 | Report Abuse

slowly climbing back up to where it belongs RM1+

Posted by shpok4574 > 2023-06-23 09:44 | Report Abuse

after hng33 statement, the YTL price start to spike

Posted by ks5S > 2023-06-23 10:51 | Report Abuse

no more kakacau cau.
1.00 coming

Posted by troy88 > 2023-06-23 11:10 | Report Abuse

shake up and fear mongering already over. Time to climb back up

Posted by cwc1981 > 2023-06-23 12:18 | Report Abuse

After the crash very quiet liao

Posted by David Gunter > 2023-06-23 19:29 | Report Abuse

Next week Monday RM 1

Posted by cwc1981 > 2023-06-23 20:32 | Report Abuse

If MRT 3 tender result out lagi tinggi

Posted by David Gunter > 2023-06-24 11:20 | Report Abuse

Expect better QR results as MYR expected to weaken further in 2H2023

Posted by cwc1981 > 2023-06-24 18:49 | Report Abuse

Since Anwar already bising bising won't add burden to national debts. So lowest bidder in MRT 3 should award the contract

Posted by 100Mark > 2023-06-26 09:53 | Report Abuse

Consolidating for YTL currently. Heats wear off

Posted by cwc1981 > 2023-06-26 10:23 | Report Abuse

Market sentiment very bad. Ringgit dropping causing this?

Posted by David Gunter > 2023-06-26 12:26 | Report Abuse

Why YTL need to worry kaching if pound and SGD go up

Posted by David Gunter > 2023-06-26 17:12 | Report Abuse

RM1 coming

Posted by David Gunter > 2023-06-26 21:36 | Report Abuse

Slow and steady