If the case cant be solved.. I dont think he will have any govt project in the future. Including HSR... You know what... The thing is... This maybe the first shoot
Biasa lah.. when price up you see a lot of so called 'Masters' will come out and give fantastic tp. when price down semua sudah senyap .. ramai SKL di i3
Mana tau, a twist of plot later - MACC staged story to suppress the price. After that, PMX's proxies loaded at low. During coming Budget 2025 - YTL cleared the MACC- no wrong doing + HSR jalan.
Yesterday was a bad day indeed. Top 5 foreign net sell was MISC 28m, Sime 26m, YTL 26m, YTLPower 19m and PMetal 17m Top 5 foreign net buy was CIMB 122m, IHH 64m, RHBBank 43m, AmBank 43m and PBB 36m Overall foreign funds still bought RM200m net yesterday. Last month, August alone , foreign funds sold 231m shares of YTLPower and 190m shares of YTL Dragon believes that foreign funds' holding in YTLP has reduced by 90% since Jan 2024 My rough estimate is that foreign fund hold less than 1% of YTLPower. For YTL, my rough estimate is that foreign funds sold from a high of 7% to below 5% to now maybe 2%. I guess the profits are just too much for some of the foreign funds not to take considering the price they paid last year. But an equilibrium will reach when the earlier foreign investors sell out while the new ones come in. Thanks to Dragon for his forwarding the research papers from Maybank to me. I also use the daily ones from HLIB.
The Forward PE for Magnificent7 stocks are Apple 26.5, Microsoft 25.7, Nvidia 24.1, Amazon 25.4, Alphabet 16.6, Meta 19.2, Tesla 55.4 PE for YTL and YTLPower are 7 and 8. Up to you to believe there is value. A few days ago I said don’t try to catch a falling knife and let them exhaust their selling. When to buy, your guess is as good as mine! But for long term investors, it may be worth holding especially if you bought cheap. Always fall back to fundamentals. Politically, I think YTL do not like to play politics although they were once labelled as Mahathir crony but incidentally it was Dr M who cancelled the HSR. We are lucky to have Dragon to help guide us as his research is of much higher quality compared to the usual bank analyst.
MACC is a serious matter, the credibility of the company is under question, may be project will also review again. The past history of earning can't use to refer already.
The next Malaysian general election (GE) must be held by February 17, 2028, following the dissolution of the current Parliament on December 19, 2027. This timeline is set by the Malaysian Constitution, which mandates that elections occur within 60 days after Parliament is dissolved.
have faith if really big pile of shit coming there's no way to hide so for long MACC just take documents and didnt even start to investigate (etc calling director to Make statement) chill and watch
The most recent general election, GE15, took place on November 19, 2022, resulting in a hung parliament and the formation of a coalition government led by Prime Minister Anwar Ibrahim of the Pakatan Harapan coalition.
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....
TomyamGong
4,156 posts
Posted by TomyamGong > 2 months ago | Report Abuse
Rebound 2-4% then sideways and continue drop I guess. Be careful.