Here come the sour eagle or rather sour kuku bird.. whenever price up he or she will come spread tis and that. From 2.50 talk until now. Wakakakakaka. Joker… cheers!
So poor and low class clueless people who don't have a brain what to do and when to do what. It is your money. Always have a cut loss strategy and not be a greedy person.
Overvalued. YTL and Nvidia is just signing a memorandum of understanding (MoU). MoU can be realistic or become a blank paper. Those in the market should understand what is MoU, now all is about imaging only, trapped in this counter for more than 10 years. Goodluck all!
@alexgan9918 .... ytl is currently a little overvalued, but there is lots of upside to it coming from ytlp as well as mcement, but mainly from ytlp and its exposure to DC and johor-sing SEZ, and lastly there is also the HSR opportunity.... and share price are basically driven by the upsides... how much of these upsides turn into actual...is everyone's guess ... happy hunting, peace
From AR 30June2023, investment in subsidiary, quoted shares, at cost RM3.47 bil. The market value is RM6.06 bil and this mv will increased tremendously, in the AR 30June2024, when the mv of YTLP is taken into account. Reported at cost in the Balance Sheet. This investment in the subsidiaries is like the treasure kept in the safe.
Sharing some new on recent takeover of MAHB....."Kenanga said the offer price of RM11 a share translates to 26x and 20x of its FY25 forecast earnings per share (EPS) and FY25 consensus EPS respectively. This implies a discount of 26%-42% compared to closest listed peer Airport of Thailand, which trades at 35x consensus FY25F EPS." Amazing how airport operators are looking at 25-35 PER, while YTL at currently about 20x PER is already considered high :-) peace
YTL owned 55% of the issued shared of YLTP, @4.5Bil units X RM5 = RM27Bil only.
The investment in the subsidiary, in the AR 30June2023, recorded as RM3.74 as the cost for the quoted shares (likely the shares of YLTP). The gains are more than RM23 Bil but have to be reported in the Notes at the Balance Sheet (30Jun2024).
In addition to the revenue from YTP's ongoing operations, these gain from appreciation of YTLP's quoted shares will make YTL's share value become higher and higher.
The NTA for each of YTL's share will have to added with that RM23 Bil as to be shared equally. Then the actual NTA for each share will be prevailed.
The investment in the subsidiary is recorded as at cost. The initial accounting entries can be just as follows:-
DR : Investment in Subsidiary RM3.74 Bil CR : Bank -Malayan Banking Berhad RM3.74 Bil
Since then, no further accounting entry was passed. That RM23 Bil will only be taken in the Profit/Loss Account upon disposal but the shareholders owned it.
Each increment of 1 sen in YTLP will add RM45,000,000 to the value of its investment in this subsidiary (YTLP).
@beinvested ..... while all these accounting entries are being addressed, I hope everyone knows that it has little to nothing to do with the share price, as the share price is based on more on earnings and the earnings of ytlp have already been equity accounted in the books of ytl..... therefore all these accounting entries and just accounting entries that all.... :-) peace
Raymond, YTL's share price should based on its business performance and with the investment in YTLP based on the current mv. The paper gains are so much but no reflected in the Balance Sheet but only at the cost. YTL will earn from YTLP if there's dividend being received into the bank account.
YTL got 11 Bil issued shares and got 4.5 Bil of YLTP shares (55% controlling stake), mean each share in YTL is entitled for 0.4 unit of share in YTLP, already got value at RM2 (0.4 x RM5).
Over valued over valued over valued Over valued over valued over valued Over valued over valued over valued Over valued over valued over valued Over valued over valued over valued Over valued over valued over valued So called by some people since 1.40. I love my profit peace
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Agjl
5,745 posts
Posted by Agjl > 2024-05-14 16:57 | Report Abuse
Here come the sour eagle or rather sour kuku bird.. whenever price up he or she will come spread tis and that. From 2.50 talk until now. Wakakakakaka. Joker… cheers!