Posted by cheated > 2024-06-25 12:38 | Report Abuse

Rebound later 100% confirm?

Posted by cwc1981 > 2024-06-25 13:04 | Report Abuse

Hope so

Posted by Cakes Moon > 2024-06-25 13:22 | Report Abuse

This is the golden opportunity to short sell YTL!!!

Posted by newbie9893 > 2024-06-25 13:37 | Report Abuse

i hope it can drop more so that i can collect more cheap ticket at lower price

Posted by raymondroy > 2024-06-25 14:29 | Report Abuse

https://theedgemalaysia.com/node/716663 ..... some cheer-up news :-) peace

Posted by cwc1981 > 2024-06-25 14:46 | Report Abuse

not much help bro. confidence level shaken

Posted by cwc1981 > 2024-06-25 15:02 | Report Abuse

Hope YTL fundamentals and prospects can bring back the confidence level

Posted by yewnamhung > 2024-06-25 16:16 | Report Abuse

CGS also has a 'hold' recommendation for YTL Corp Bhd (KL:YTL), with a TP of RM3.88, and a 'hold' on its associate YTL Power International Bhd (KL:YTLPOWR) (TP: RM5.50), which has a 500MW green data centre park in Johor that will come on stream in 2024, and which has partnered Nvidia Corp.

Posted by Tannlee > 2024-06-25 16:26 | Report Abuse

Maybe the interest from both local & foreign investors have waned after the latest dividend declared of 4c as against the 15c TS announced in a biz forum in Singapore last year.
Any possibility...??!

Posted by cwc1981 > 2024-06-25 16:39 | Report Abuse

One of the factor. But did their mentioned dividend for power? I remember is Francis Yeoh expect 9.5 cents dividend for corp only

Posted by redhotpepper > 2024-06-25 19:37 | Report Abuse

The fella who asked me to sell la if not like it, I guess that fella already sold and left. ((Giggles))

Posted by redhotpepper > 2024-06-25 19:39 | Report Abuse

And hopefully all the foreign investor left not becos of some possible war....

Posted by BryanW > 2024-06-25 23:14 | Report Abuse

There are several factors though, the market has risen a lot anyways, needa a correction. Moreover, there is ongoing EURO 2024. anddddddddddd the CPI is 2% which is kind of bad

Posted by BryanW > 2024-06-25 23:15 | Report Abuse

YTL is still above MA 200, fundamental side is not affected. It's still considered as a uptrend stock. There's a potential support at 3.20, if it goes thru then around 2.6 or 2.7 (IIRC) have the strongest support.

Posted by cwc1981 > 2024-06-26 06:44 | Report Abuse

Looking at dow jones. Seems like another blood bath day

Posted by dragon328 > 2024-06-26 11:26 | Report Abuse

Local research houses are busy upgrading construction stocks lately, raising valuation for big construction companies to PER of 20x.

YTL Corp has a projected EPS of 20 sen for FY2024. Using the same 20x PER, YTL should be trading to RM4.00. CGS has a fair value of RM3.88 for YTL, which is not too far from my figure.

Posted by cwc1981 > 2024-06-26 11:48 | Report Abuse

Thanks dragon328. Hope majorities have the same faith

Posted by newbie9893 > 2024-06-26 12:07 | Report Abuse

I am seeing that the buying momentum is pretty strong today, might spike up very soon

Posted by redhotpepper > 2024-06-26 14:48 | Report Abuse

Thanks @dragon328 for the insight.

Posted by cwc1981 > 2024-06-26 18:41 | Report Abuse

Hope HSR and MLFF able to successfully tender

Posted by cwc1981 > 2024-06-26 18:41 | Report Abuse

Then the party will become more interesting

Posted by raymondroy > 2024-06-26 19:04 | Report Abuse

YTL PER is already at 18x..... and if 20x is the target then there is little upside im thinking. The delay in HSR status is not helping the price, with only upside being ytlp 55% equity consolidation. YTL will have to compete with Sunway, Suncon, Gamuda and IJM..... and my take is that YTL is lagging on contract wins of this list....

Posted by dragon328 > 2024-06-26 20:30 | Report Abuse

YTL current PER is at 17x, there is still a good upside to my first target price of RM4.00. And this PER is based on current earnings base without HSR project.

I am confident that YTL will get a slice of the HSR project, likely to be the southern portion again as awarded before. The construction contract sum for this portion will be almost RM50-60 billion. Furthermore, whoever wins the HSR project, there will be huge demand boost to cement industry of which YTL's 75%-owned MCement has a majority share.

Posted by cwc1981 > 2024-06-26 22:15 | Report Abuse

Thanks dragon. Hope more positive catalyst that can help ytl boost it earning

Posted by cwc1981 > 2024-06-28 10:11 | Report Abuse

Mmm these 2 days corp seems stable

Posted by yewnamhung > 2024-07-01 12:05 | Report Abuse

Carry on~~~ up up & go !!!😍

Posted by cwc1981 > 2024-07-01 15:29 | Report Abuse

Looks like YTL corp others business start showing positive results

Posted by cwc1981 > 2024-07-01 15:48 | Report Abuse

Not yet friend. Still got long way to the all time high

Posted by yewnamhung > 2024-07-01 16:01 | Report Abuse

Analysts stay sanguine on local stock market, see KLCI breaching 1,700 level by year end.

Posted by 100Mark > 2024-07-01 18:43 | Report Abuse

No doubt YTL will hit RM4 within this month if this strong momentum continues

Posted by cwc1981 > 2024-07-02 13:07 | Report Abuse

Mmm today not much stamina

Posted by Leward88 > 2024-07-02 18:48 | Report Abuse

Stamina flows to YTL Power today 😁

Posted by PalaniR > 2024-07-02 19:11 | Report Abuse

Digital Nasional Berhad (DNB) has announced that four major telecommunication companies have completed the share subscription agreement (SSA), with each obtaining a 16.3% stake. Those involved include CelcomDigi (through Infranation Sdn Bhd), Maxis, U Mobile, and YTL (through YTL Communications Sdn Bhd).

Posted by cwc1981 > 2024-07-03 08:10 | Report Abuse

https://www.klsescreener.com/v2/news/view/1250005/mlff-plan-will-save-opex-costs-raise-rm200-million-a-year-for-government-to-give-discounts-to-road-users-its-promoter-says

Posted by cwc1981 > 2024-07-03 08:13 | Report Abuse

Wow this MLFF will save 28 percent of conventional toll booth collection system. Expected around 250 mil of saving yearly. MLFF operator only take less than 10 percent of the total collection as operator.

Posted by dragon328 > 2024-07-03 08:48 | Report Abuse

Yes cwc1981, the proposed MLFF will help to save some RM200 million of operating costs for highway concessionaires every year by doing away the various gantry systems by touch-n-go / Smart Tag / RFID by third parties. And there will be no impact to highway concessionaires in terms of toll collection as MLFF operator will collect the toll and pay back to highway concessionaries in 1 working day, no different from the current payment terms of touch-n-go.

The current resistance to MLFF mainly stems from the existing interest groups who operate the gantry systems who may tend to lose out on the lucrative contracts of over RM800 million a year. I have not seen any valid reason for the objection to MLFF system. Currently highway concessionaires mainly use the excuse that the MLFF operator has no prior experience in toll collection, that is a lame excuse. Did touch-n-go have any prior experience in toll collection before 1999 when it was introduced in highways? Did Smart Tag operator have any experience in toll collection before it was implemented in highways? Nonsense to me.

MLFF is the way forward to go for the country, as can be seen in other more advanced countries like Singapore where it is implemented so efficiently to minimise traffic congestion at toll collection plaza.

Posted by cwc1981 > 2024-07-03 09:18 | Report Abuse

Hi @dragon328. Yes I also found us quite amusing that they use such a lame excuse saying no prior experience. I'm wondering who is the experienced one in Malaysia? Haha

Posted by Leward88 > 2024-07-03 11:33 | Report Abuse

@Vanilla555. Wow, how to make different fonts in comments section 😲😲

Posted by jenson68 > 2024-07-03 12:18 | Report Abuse

Share price becomes more aggressive now !! Gogogo

Posted by 100Mark > 2024-07-03 12:22 | Report Abuse

July is a strong come back for many stocks 😁

Posted by yewnamhung > 2024-07-03 12:25 | Report Abuse

興旺發 https://www.youtube.com/watch?v=oZl1zwPwWYI

Posted by cwc1981 > 2024-07-03 14:17 | Report Abuse

Able to attack all time high 3.92 by end next week?

Posted by yewnamhung > 2024-07-03 16:17 | Report Abuse

好势了 https://www.youtube.com/watch?v=1iXlG6pCCf0

Posted by EquityJourneyman > 2024-07-03 16:26 | Report Abuse

Yeoh's family will become the richest family in Malaysia ? 😃

Posted by yewnamhung > 2024-07-03 16:51 | Report Abuse

"Faint heart never wins fair lady".

Posted by cwc1981 > 2024-07-03 16:58 | Report Abuse

Last minute 3.80 become the largest transacted price at 2.2 million units

Posted by wenyisang > 2024-07-03 17:08 | Report Abuse

wow, what happen to YTL, why suddenly rocketed like this today? any special announcement?

Posted by raymondroy > 2024-07-03 17:41 | Report Abuse

@EquityJourneyman .... i think easily over the last 1 year, Yeoh family experienced the steepest increase in wealth far outweighing any other tycoon .... purely from ytl, ytlp, mcement, yland and ytl-r .... amazing story indeed .... hope its sustainable for us to piggy-back on :-)

Posted by redhotpepper > 2024-07-04 10:26 | Report Abuse

Seems short lived, going down....again?

Posted by salman > 2024-07-04 11:18 | Report Abuse

SELL!! going down