Posted by MYOCBC > 2024-02-21 11:23 | Report Abuse

It’s always better to farm your own yard than to depend on windfalls
The next emerging economy won’t be like the current one; Asia Pacific won’t be Asian’s anymore if the next emerging economy is poised to succeed the current one!
Many still in slumberland and thought that the next emerging economy will continue to be Asia friendly. The new Indo-Pacific strategic planning by US has taken out asia if you may notice that; you will not be in the Asia Pacific era anymore should the next emerging economy overtake the existing one
Go open up your world map and you may see that natural demarcation of Indo-Pacific; that’s the extension of Indian Ocean into the Pacific; naturally barricading the rest of ASEAN countries except Indonesia and linking Australia
Asia Pacific basin will be split into two!
However Pacific region from east coast of US extended until the “First Island Chain”(from Korean peninsula to Japan, ROC until the Phillipines) will be separated from ASEAN as Pacific Rim
Where is asean? Sandwiched between the two regions into the oblivion!
If you still don’t unite and work with the current emerging economy, the next emerging economy will make sure that you be down the dungeons
For we are a small nation with fragile social economic fabric and can’t afford to bear the brunt from the clash of the titans

Posted by dragon328 > 2024-02-21 14:59 | Report Abuse

This looks like a propaganda by Japanese consortium who have pulled out from the HSR race to blackmail the project. They think that the project will not be feasible without government funding, and they could not get any from the government so they pulled out of the bid.

It may be that their proposal is not good enough to make it feasible, their cost may be double of that from Chinese maker, and they may not be innovative enough in terms of revenue models.

I see HSR is the way to go for us to fast-track our race to become a high-income nation, and I do not think that we need to be a high income nation before we can consider HSR. Indonesia has already made a HSR line up and running, Thailand is already considering HSR as well.

There are merits in the HSR proposal. For one, the multiplying effects from the construction contracts may allow over RM100 billion of economic benefits to flow through the various supply chains for the project - construction materials, construction workers and labour force, various supporting industrial and workshops, property development around each HSR station, thousands of job creation during construction period and operational phase, tourism spill-over to areas along the HSR track etc.

HSR would provide a vital option for travellers between KL and Singapore, now only relying on inefficient air flights often packed and expensive during peak seasons. The amount of time saved during the journey is vital for business travellers. Just imagine, business travellers can do a day trip between KL and Singapore by taking a 90 min train from KL to Singapore, having meetings in Singapore and then commute back to KL in 90 mins to have dinner at home. And along the HSR journey, business travellers can have precious time to sit comfortably in the train doing some reading and preparation for meetings ahead. 1 hour of business hours saved in travelling for a million passengers will be a million hours of manhours saved for more productive work, rather than on wasteful travelling and waiting.

Singapore property prices are at least 7 times higher than that in KL. With the HSR, many expats can choose to stay in KL to enjoy the much lower rental and commute by HSR to Singapore for work (if there is affordable monthly tickets available). There will be more demand from expats and Singaporeans for good quality properties in the Klang Valley, this will help to fill the big gap in property prices between KL and Singapore. Many existing property owners in the Klang Valley will see their property prices appreciating substantially.

For leisure travellers, HSR will be a good option if they travel alone or just in small groups (2-3 pax) especially during festive seasons like CNY. We are seeing more and more cars on the road in North-South highway, and it could take up to 8 hours to drive from JB to KL on days before CNY or Hari Raya. Rather than spending endless hours on the highway, many may be willing to spend a few hundred ringgit on HSR just once or twice a year to have a comfortable 90 min ride.

We would be losing out to our neighbours in ASEAN if we still didn;t do the HSR. We were the first to propose HSR project some 10-15 years ago when the proposed cost was just less than RM15 billion for the 350km KL-Singapore HSR, then there were many critics too to try to kill off the project, many from the airlines and bus industry. Now the same groups of people are coming out to shout and doubt on the feasibility of the HSR, trying to kill it off again.

But I always believe in the end common sense prevails, considering the huge value this HSR project will bring to the country.

Be careful. HSR by private sector may be not feasible.
https://www.sinchew.com.my/?p=5405022

Posted by dragon328 > 2024-02-21 15:02 | Report Abuse

LRT and MRT projects in the Klang Valley are not viable, but these are essential infrastructure that the government ought to provide to the people.

You try to terminate MRT lines and see, millions of people will suffer. Public roads in KL will be even more jam packed.

Posted by dragon328 > 2024-02-21 15:19 | Report Abuse

I don't agree with the argument that the interest payments for the HSR project would be more than buying air tickets for every KL people to travel to Singapore, this was obviously speaking for the airline industry.

First, the project costs will be mainly borne by the private consortium, not the government. The government will likely only look into land acquisition, the rest of the project costs will be financed by private consortium with cheap money from China or Japan. Hence there is no issue arising for our government to carry huge amount of debts and pay high interests. So the statement itself is false.

Secondly, air tickets may not come cheap when you need them. Very often than not, an air ticket may cost you a bomb when you need to book one to Singapore or back, especially during festive seasons or important events or on emergency. Furthermore if you look into the statistics, how many travellers who take flights between KL and Singapore are leisure travellers? I think the bulk of them are on business or lone travellers. It costs over RM1000 for a family of four to fly from KL to Singapore or vice verse, and takes over 3 hours on total travelling time, including the 2-hour pre-flight check in time. It only costs RM70-100 for a family to drive from KL to JB.

Thirdly, the argument that the government would rather save the money on HSR and channel it to other facilities to the people like hospitals or schools is again false, as the government is not funding the HSR projects. Instead, when the HSR takes off, it will encourage more economic activities, more tourists from Singapore, more expats to stay in KL, more multi-national corporations to set up regional HQ in KL, help to increase property prices in the Kland Valley and areas surrouding HSR stations, promote more inter-state tourism activities especially to states with HSR stops etc. All these will add more tax income to the government, and the multiplying effect from such will be a lot more than the interest payment for the HSR project.

Posted by Leward88 > 2024-02-21 15:56 | Report Abuse

Challenge accepted. ha

https://paultan.org/2024/02/19/berjaya-reported-to-be-ready-to-compete-with-ytl-for-mlff-toll-project-talking-to-highway-concessionaires/

Posted by dragon328 > 2024-02-21 16:01 | Report Abuse

If what he said made any sense, he won't be sidelined. Total nonsense to me.

Posted by dragon328 > 2024-02-21 16:07 | Report Abuse

Keep lobbying for AA and enriching low cost airlines can make us a high income nation??

So narrow minded

Posted by dragon328 > 2024-02-21 16:10 | Report Abuse

hello, INdonesia has got 270 million population, if you divide the GDP by the population, Indonesia GDP per capital is only USD4,800, while Malaysia is already more than USD11,000 per capital

Posted by paktua73 > 2024-02-21 16:27 |

Post removed.Why?

Posted by AlTugauw > 2024-02-21 18:23 | Report Abuse

All Malaysians, especially Malaysian govt institutional investors like KWAP & KWSP, should shun this stock for being pro-Israeli & in partnership with NVIDIA. Investment in YTLP is investment in a partnership supporting Zionist Israeli annihilation of Palestine & genocide of the Palestinians, which Malaysia is against.

Posted by CommonMan > 2024-02-21 18:34 | Report Abuse

I fully concur with Dragon 328 factual write up / arguments as above.

Posted by SS13 > 2024-02-21 19:14 | Report Abuse

I am an advocate of the HSR. When we wanted to build the North South Highway there were many who said expensive and not worth it. Can we live without the North South Highway now? Same with HSR. We need to get the right model and the economic benefits to the country will be enormous. Air travel will still be there. But HSR will give more choices.

Posted by SS13 > 2024-02-21 19:15 | Report Abuse

The airlines are already adjusting to the worldwide situation. More flights to India and China and less to Europe. Good airlines will always survive by reviewing their routes and adding or reducing frequencies as and when required.

Posted by SS13 > 2024-02-21 19:16 | Report Abuse

So if HSR is implemented the same will happen with the SIN-KUL air route. There will some adjustments. And airlines can still survive.

Posted by B03392 > 2024-02-21 20:39 | Report Abuse

Agree with SS13…vast improved land transports wil boom economy

Posted by cktay > 2024-02-21 21:34 | Report Abuse

Thank you Dragon for concurring with me.
What is Singapore's population 2023? Answer 5.9 million
Only one-third of S'pore resident households own cars – meaning for 3.9 million S’poreans, flying is the only way if they want to come to KL (and other places like Genting)
They have no choice so their favourite leisure is of course making day trips to JB
S’pore’s GDP is >USD400b and “private consumption expenditure contributes the largest share to GDP” (Singapore Department of Statistics)
So imagine the chunk of S’pore GDP flowing into KL and M’sia with the HSR
The S’pore govt has so far been very supportive of the HSR.
The quality of life and mental health for S’poreans will definitely improve with the HSR.
For Malaysian, forget about going there, unless you rich or go for business.

Posted by cktay > 2024-02-21 21:44 | Report Abuse

Correction.... the common folks in S'pore (who don't have cars) also have a choice of taking the bus to get to KL,
But the journey may take > 5 hours one way, including the hassle of get down, queue to get their passports chopped. Most likely day trips are out of the question.
Speed is essence!

Posted by Zorrosmile > 2024-02-22 10:41 | Report Abuse

Selling pressure still continue for YTL and no one know when it will be ended…

Posted by MYOCBC > 2024-02-22 11:07 | Report Abuse

[Windows NT and XP Operating Systems]
Microsoft’s two most popular operating systems, NT and XP, were developed primarily in Israel.
Microsoft has had a strong presence in Israel for many years, and has two R&D centers in Herzliya that employ 600 people.
In 2008, Microsoft CEO Steve Ballmer said that the American software giant is as much Israeli as it is American. Last year, Microsoft Israel announced that 13 new products are being developed at its offices, while in March, Microsoft announced that it is setting up its first-ever startup incubator in Israel.

Posted by MYOCBC > 2024-02-22 11:10 | Report Abuse

SandyBridge and Centrino processors: Intel

Semiconductor chip maker Intel was one of the first multinationals to come to Israel. It set up a small chip design center in Haifa in 1974 — Intel’s first outside of the United States.

Today Intel Israel employs 7,800 people, and is the corporation’s headquarters for global R&D for wireless technology. The 8088 processor was designed and developed here, as was the Centrino and the SandyBridge, powering millions of laptops worldwide.

In March, Intel Israel’s general manager, Maxine Fassberg, announced that the SandyBridge processor accounts for 40 percent of the chip giant’s revenue. In 2011, Intel Israel’s exports totaled $2.2 billion.

Posted by MYOCBC > 2024-02-22 11:12 | Report Abuse

Oracle Israel and the Amazon Kindle

The Java platform inside Amazon’s best-selling Kindle was developed in Israel. Some four years ago, Amazon contacted Sun, later acquired by Oracle, and asked the company to develop a customized platform to run the software in a new e-book reader device under design.

Sun handed the project on to its Israeli R&D office in Herzliya, and it was designed and developed there. After several years, a prototype was created to Amazon’s satisfaction, and manufacturing began. Amazon is now the undisputed leader in the e-reader category.

Posted by MYOCBC > 2024-02-22 11:14 | Report Abuse

Printing press: HP Indigo

Israeli inventor Benny Landa revolutionized the world of digital printing when his Rehovot company, Indigo, launched the E-Print 1000 in 1993. It was a turning point for the printing industry, enabling printers to print directly from a computer file.

Hewlett Packard (HP) acquired Indigo in 2001 for $650 million. Now HP Indigo has become the world leader in digital commercial presses, and is ranked number one in the US high volume digital press market.

Landa, who has more than 500 patents to his name worldwide, is expected to unveil a new development, nanography digital printing, in May.

Posted by MYOCBC > 2024-02-22 11:20 | Report Abuse

In March 2003, MEASAT Satellite Systems Sdn. Bhd. of Malaysia ordered a Boeing 601HP satellite, giving it the designation MEASAT-3 at that time. MEASAT-3 joined the existing Boeing-built MEASAT-1 and MEASAT-2 spacecraft in the Malaysia-East Asia Satellite (MEASAT) system.

International Launch Services (ILS) was contracted as the launch provider. Boeing was specified to also provide an upgrade to the MEASAT ground facilities in Malaysia, as well as training and launch support services.

Posted by MYOCBC > 2024-02-22 11:43 | Report Abuse

What next?
Shut down the whole machineries?

Posted by rr88 > 2024-02-22 12:41 | Report Abuse

This thing has been forming a very BEARISH DESCENDING TRIANGLE for the past 5 weeks. Within the next few days, it will fall below its triangle base of 2.12 and heads towards its technical objective at 1.79. Stay away if you do not want to get hurt big time.

2.12 => 2.40++
2.12 => 2.30++
2.12 => 2.20++
Ding dong ding dong 2.12 => 2.20 for a few days b4 breaking below 2.12 n all hell will break loose. Clear as a crystal. Not if it will happen but rather when it will happen. Stay away!!

Posted by Markv572421 > 2024-02-22 13:53 | Report Abuse

Please listen to rr88.

Posted by Markv572421 > 2024-02-22 14:56 | Report Abuse

Told already ...dropping ....

Posted by Zorrosmile > 2024-02-22 14:59 | Report Abuse

So far rr88 is correct…no sign of recovery

Posted by xuxu > 2024-02-22 15:00 | Report Abuse

rr88 post 10 posts must got one kena lah

Posted by Markv572421 > 2024-02-22 15:01 | Report Abuse

never listen

Posted by Markv572421 > 2024-02-22 15:35 | Report Abuse

Gogogogogoooo throwwwwwwww selllllllll YTL shares faster while you can !!!

Posted by oE360884 > 2024-02-22 15:37 | Report Abuse

Triple Bottom support at 2.12 area must hold, hopefully buyers will come in here. If not, price will lau zhai to 1.95 / 1.88 area especially is any bad news such as https://www.nst.com.my/business/corporate/2024/02/1016228/analysts-question-viability-kl-singapore-hsr-project-rm120bil

Posted by Markv572421 > 2024-02-22 16:33 | Report Abuse

Please dont fight ......just cust loss my dear all i3 biliessss....hahahaha

Posted by nelsonlimpy > 2024-02-22 17:16 | Report Abuse

YTL Reit, YTL Power qtr result is very good

Posted by drkelvin20 > 2024-02-22 17:20 | Report Abuse

share price gone up from 50+sen to highest around rm2.40...and Institute fund shouts to rm 3-4....sounds very similar to glove counters during COVID time...many retail investors refuse to sell at RM 28++ before share splitting, following IB call thinking can go up to RM 50++....and most retailer got burnt due to no sell at high, keep it till forever and now glove is below RM 1.

YTL share price gone up to RM 2.4....still you guys no sell....waiting to go to RM 3/4...

Posted by drkelvin20 > 2024-02-22 17:21 | Report Abuse

don;t you worry it repeat glove counter footstep? its already superhigh and you gusy wanna still keep for them to drop back to rm 1++?

Posted by drkelvin20 > 2024-02-22 17:22 | Report Abuse

remember there is nothing forever red...things go up will go down...invest smart...don;t get trapped by IB fund call...

Posted by investor77 > 2024-02-22 17:24 | Report Abuse

Good result. However difference between Profit before tax, and Net Profit, almost 50 %. Why is that ? Normally tax at 25%.

Posted by Pinky > 2024-02-22 17:38 | Report Abuse

After pushed into MSCI index, no more rally dah. Mission accomplished already. Look elsewhere.

Posted by cwc1981 > 2024-02-22 17:58 | Report Abuse

9.5 cents dividend sure got liao. 2 quarter earnings already more than 10 cents

Posted by MyWay > 2024-02-22 18:50 | Report Abuse

YTL Corp's net profit jumps to RM589.22mil in 2Q
https://www.thestar.com.my/business/business-news/2024/02/22/ytl-corp039s-net-profit-jumps-to-rm58922mil-in-2q
https://www.nst.com.my/business/corporate/2024/02/1016542/ytls-earnings-surge-more-five-times-rm58922mil-q2

Posted by CommonMan > 2024-02-22 19:39 |

Post removed.Why?

Posted by dragon328 > 2024-02-22 20:22 | Report Abuse

YTL delivered better than expected results for Q2

https://klse.i3investor.com/web/blog/detail/dragon328/2024-02-22-story-h-188247094-YTL_YTL_Power_Ended_Year_2023_with_a_Bang

Posted by Leward88 > 2024-02-22 20:43 | Report Abuse

What an excellent net profit YTL has generated. It's a historical high

Posted by KLV868 > 2024-02-22 21:26 | Report Abuse

After reading the superb write up from Dragon328 , die die hold the both companies and just like Francis Yeoh be patient with YTL’s companies shares. Wish all believers good luck-

Posted by Volz4321 > 2024-02-22 23:57 | Report Abuse

can limit up tomorrow?

Posted by 521onepiece > 2024-02-23 00:18 | Report Abuse

@metaverse

wow is this frog for real? not only are u close/narrow minded, you're evidently pretty dumb as well. We can easily name ten figures from corporate scene who can helm a company better than our minister of economy, and ure talking as tho malaysians are kids, passive and clueless what to do with our ringgit. stop embarassing yourself. going by your dumbass logic we should all go back to stoneage. are u flatearther as well? u display similar IQ capacity.

@metaverse
As a minister of economy, he should release a public statement and inform public what is the economic impact of weakening ringgit so the business sectors can plan ahead and see how to hedge their foreign currency contracts. This is what I call a minister of economy.

Posted by NatsukoMishima > 2024-02-23 06:09 | Report Abuse

All in ranhill , vstecs right now !

Posted by rr88 > 2024-02-23 08:48 | Report Abuse

As usual SELL THE NEWS at opening bell because technicals are very bad.

Posted by Markv572421 > 2024-02-23 08:58 | Report Abuse

HAHAHAHAHAHA.....selll selll

rr88

As usual SELL THE NEWS at opening bell because technicals are very bad.

3 minutes ago