HSR is high cost project and it may eat a lot of money to deal with it. Some Investor may take it negative way and sell off to avoid any risk to their money. Just my oppinion.
hello Esos is planned in year 2020. At that time price is fixed at 0.53 and 0.5 (2 batch). Esos plan is for 5 years lo. Go and read the Esos plan . got bursa announcement.
UBS held 713m shares (peak) in Jan 2024 UBS started selling in Feb 2024 YTL peak price was on May 23rd at RM3.88 (closing price), despite UBS’ selling On Jun 5th “Swiss banking group UBS ceases to be substantial shareholder of YTL Corp” [Edge Jun 6th] The price on this date was RM3.59. UBS still had 5%, a whopping 553m shares. After this date, we get no more notification as the shareholding falls below 5% Also since the peak in May, the price has gone sideways and never went above its previous high I presume UBS had been selling all this while. After the heavy selling on black Mon 2 weeks ago and yesterday, I wonder how many shares they still hold. But one thing for sure, its good riddance! These foreign funds are never your long-term friend, they sell whenever their objectives are met. Current price now RM3.08. Your guess as good as mine, at what price is the bottom?
KUALA LUMPUR (June 5): Swiss investment bank UBS Group AG has ceased to be a substantial shareholder of YTL Corp Bhd (KL:YTL) after a series of share disposals since February, which eventually led to its shareholding in the company going below the 5% threshold. UBS emerged as a substantial shareholder of the utilities-to-resorts conglomerate (YTL) with a 5.46% stake in June last year, after its merger with Credit Suisse Group AG following Credit Suisse’s collapse. The bank’s shareholding in YTL had peaked in January this year, with 713.84 million shares or a 6.51% stake. https://theedgemalaysia.com/node/714277
Don't anyhow catch falling knife hor...those who bought @ the last peak in early '12 had to wait more than 12 years to breakeven! YTLPowr even worse...those who bought the '07 peak had to wait 17 years to recoup their losses!
KUALA LUMPUR: Global wealth manager UBS Group AG has ceased to be a substantial shareholder of YTL Corporation Bhd after it sold 14.8 milion shares in the company.
The disposal cuts its stake in the company to below the five per cent substantial shareholder threshold.
The shares were disposed on May 31, 2024 when the stock closed at RM3.59 a share.
At midday break, YTL Corp's share price was unchanged at RM3.05 , giving it a market capitalisation of RM33.69 billion.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
Investorrr
680 posts
Posted by Investorrr > 2 months ago | Report Abuse
unless margin percentum drop below 130% ,or hair cut ,but unlikely,