I told u that the tide has changed. Try to stay out or sell. There is no more fish in the ocean. You can fish but can only catch no or few fish. That means upside v limited 10% but downside high 90%. Not worth playing. Not much spare money with the people. Sell in May and stay away
The players have taken out all their money to buy including money from their parents piggy bank to for the past 6 months. Not much spare money left. So how to push the stock price up. The whole bunch of players are sitting there looking at one another. Some can't wait started to sell . Then it gather momentum as prices slide
Actually there is no money in the market. It's all number. The market has zero money. The money comes from players. If A took 10 k out of the market one of u or a few players will have to lose 10 k. Plus commission to be collected by those working in the market. Just like four people playing mah jong. The owner always make
i already sold all my YTL & YTPPOWER & i will never buy back again at current price unless it drop back to 2.0 & 3.0 respectively. Thank you YTL & YTLPOWER & good luck to those still holding tight.
Its quite norm for them to giv negative comments. Those who believes this company wil reap good rewards later and those who sold enuf earnings, congrats to them in YTL, Power and Ranhill. Earnings r hard to comeby when indulged in stocks and shares👍
on the subject of HSR .... i can gladly say not to worry for YTL shareholders, today YTL is the closest msian company to the actual with regards to experience, YTL runs the (only) ERL link (high-speed 57- kilometre KLIA Ekspres and KLIA Transit services between KL Sentral Station and KLIA), and electrified double track project from gemas to JB..... YTL is the closest to the actual HSR in terms of experience, that being said HSR is a huge project that will most probably be carved out nevertheless, rest assured YTL will have its portion, if not the largest portion which will be from melaka onwards to JB (to say the least).... that explains the focus of YTL/YTLP in Johor..... and all these is being conducted via SIPP Energy - which is a YTL 70% subsidiary..... and who is SIPP? This i will leave you to your research (plain to say its owned by THE man himself, the numero uno in Johor.... and very recently elected to numero uno of Malaysia) ... :-) peace
Not sure how the HSR project will pan out, but this is the typical characteristics of how the govt of the day function. With minimal info from the Transport minister and not a squeak from MyHSRCorp. “Evaluation of KL-Singapore HSR concept proposals to take two months, Parliament told” That was 3 months ago (4th Mar) and now it is already June. As usual “Still waiting for cabinet approval!” While in Indonesia they already planning Jakarta-Bandung HSR extension to Surabaya. And “China urges faster progress in billion-dollar railway link to Thailand (Jan 29th) On another aspect, I still have a hunch that there may be a reversal of proposal with YTL taking the northern portion because they may build an elevated track over the existing ERL to cut land acquisition cost near the city. Hence the HSR is now expected to cost only RM70b. Also YTL’s ERL gets 30-year concession extension till 2059 (Jan 26th) And Berjaya to get the southern portion cutting across Forest City in Johore Perhaps they intend to keep you in the dark until suddenly one day a surprise announcement, to avoid unnecessary politicking.
Timeline (recap from my posting earlier this year) - The proposed HSR line is 350 km long and is expected to reduce travel time between Kuala Lumpur and Singapore to 90 minutes. It would start from Bandar Malaysia in Kuala Lumpur and connect to other cities such as Malacca and Seremban along the west coast en route to Jurong East in Singapore Late 1990s - A high-speed rail link between Kuala Lumpur and Singapore was proposed in the late 1990s but due to high costs, the proposal was shelved 2006 - YTL Corporation, operator of the Express Rail Link revived the proposal, with a projected speed of 250 km/h (155 mph). This was expected to trim travel time between the two cities to 99 minutes 2008 - the Malaysian government halted the project citing high-costs of over RM8 billion September 2010 - It was first proposed by then Malaysian Prime Minister Najib Razak . 19 February 2013 - The Prime Ministers of Malaysia and Singapore agreed to proceed with the HSR project, proposal would be finalised by end of 2014 with a targeted completion date of 2020 6 February 2015 - Singapore had announced Jurong East as the final location for the high-speed rail terminus 2015 - the Malaysian government established MyHSR Corp to facilitate developing and implementing high-speed rail projects 19 July 2016 - Singapore and Malaysia signed a Memorandum of Understanding Details including a 25-metre-high bridge link near the Malaysia–Singapore Second Link The Government of Singapore required Raffles Country Club to vacate its plot as the site offers the "most suitable location" to run the HSR tracks after the bridge crossing and to place the tunnel portal leading to the tunnels that would take the HSR to the Jurong East terminus 17 October 2017 - the Prime Minister of Malaysia Najib Razak announced that the land acquisition process has begun in Malaysia for the project and also the station designs 5 April 2018 - MyHSR Corp announced the results of the selection process for the design and construction for the Malaysian portion of the project: A consortium of Malaysian Resources and Gamuda would build the northern part, A consortium of Syarikat Pembenaan Yeoh Tiong Lay and TH Properties the southern part. The tender process for the Singapore tunnel sections was started in April 2018 with the start of construction expected in 2019 May 2018 - Mahathir confirmed that Malaysia would scrap the project, citing its high construction costs 5 September 2018 - postpone until end-May 2020 31 May - Singapore had agreed to the suspension until 31 December 2020 1 January 2021 - the prime ministers of Malaysia and Singapore announced to terminate the HSR project At the point of termination, Singapore had incurred a cost of at least S$270 million. 29 March 2021 - Malaysia compensated Singapore S$102.8 million (US$75.36 million), with the settlement representing the complete termination of the project and bilateral agreement Following Pakatan Harapan chairman Anwar Ibrahim's appointment as prime minister of Malaysia after the 2022 general elections, Singaporeans have again reportedly called for the Anwar administration to revive the project 11 July 2023 - MyHSR Corp called for proposals from the private sector and firms to be submitted for the development of the HSR project. The project was expected to cost 100 billion ringgit ($21 billion) 15 January 2024 - MyHSR Corp received seven proposals from private bidding groups. Bid selection and further negotiations with the Singapore government were expected to be undertaken in the second half of 2024 Source - Wikipedia --------------------------------- Let’s discuss Cost consideration 2006 - YTL Corporation … speed of 250 km/h (155 mph) … travel time 99 minutes 2008 - the Malaysian government halted the project citing high-costs of over *RM8 billion* In retrospect, why did the Govt disallow it when it was only RM8 billion? Subsequently estimate cost went up tom RM72 billion (US$17.4 billion) In 2023 July - MyHSR Corp says the project was expected to cost RM100 billion ($21 billion) That means (RM100b - RM8b = RM92b) div by RM8b, div by 15 years = 76% It means the cost inflated a whopping 76% every year for 15 years since the govt halted it in 2008, when the average inflation rate was 3.57% per year” ---------------------------------------------- KUALA LUMPUR: The Kuala Lumpur-Singapore high-speed rail (KL-SG HSR) project might tally up to about RM70 billion, a notable decrease of around 30 to 35 percent from the previously reported RM110 billion, according to market insiders. "No definitive cost estimate has ever been provided for the HSR project.18 Apr 2024
HSR wil proceed. When and how wil be much to considered and plan properly from all parties. Two consortiums and one foreign company wil be involved. Reckon YTL and MRCB👍. Much wil be debate once announced soon.
YTL shares in Tokyo seemed to have stabilised @ ¥120-123, yet my miracle stock Shinto 新東 continues to AMAZE with a THIRD limit UP @ ¥2,888!!!🤗💹 Such ramping possibilities(virtually impossible locally) is one of the reasons why I waded into the Tokyo stock exchange in 2017 in the first place!!!
YTL's '23-'24 run is miraculous enough for me, yet the thick icing on the cake is so delicious!!!
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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....
KLV868
242 posts
Posted by KLV868 > 2024-05-29 18:18 | Report Abuse
See you guys in room #4 soon.