Posted by Opulent > 1 month ago | Report Abuse

Lelong2

Posted by Opulent > 1 month ago | Report Abuse

Don't waste your time on this counter.

Posted by kate159963 > 1 month ago | Report Abuse

Any idea best time to buy in?

Posted by ks55 > 1 month ago | Report Abuse

How to be juicy if the price is drifting downwards non-stop without a sifu?
Sifu no more with this counter. He already moved to IOIP.

Posted by OTB > 1 month ago | Report Abuse

The DJI closed the year at approximately 7,908 on December 31, 1997.
The S&P 500 closed at about 970 by the end of 1997.
The Nasdaq Composite ended 1997 at approximately 1,570.

FBMKLCI index closed below 600 in 1997.
The Jakarta Composite Index closed below 400 in 1997.

DJI closed at 40,737 on 10/9/2024.
S&P 500 closed at 5,496 on 10/9/2024.
Nasdaq closed at 17,026 on 10/9/2024.

FBMKLCI closed at 1,660 on 10/9/2024.
Jakarta Composite Index closed at 7,761 on 10/9/2024.

Market rumour is as follows :-
The US stock market will crash in September 2024.
KLSE will follow the US stock market to crash in September 2024.
Local institutions are selling all the shares listed in KLSE like no tomorrow.
But foreign investors are net buying in KLSE in the last 2 months.
With this type of mentality of investors in KLSE, do you think KLSE will perform well in 2024 ?

Good economic fundamentals of Malaysia also cannot help to boost up the performance of KLSE.
The Malaysian Ringgit is strengthening against other major currencies, especially USD is good news to the Malaysian stock market.
Malaysian exports increased by 12.3% in July 2024 compared against July 2023.
The GDP growth for Q2 2024 is 5.9%.
All this news will attract foreign investors to invest in KLSE.
This news will make our KLSE into a bull market.

The actual situation in KLSE is pointing towards the worst market in 2024 despite very good economic fundamentals experienced in 1H of 2024.

The foreign funds are net buyers in KLSE in the last 2 months and now.
Local institutions are selling cheap tickets to all foreign funds.
Are local institutions smart investors in Malaysia ?
I feel very sad to see this phenomenon happen in Malaysia.

In 2013, the GDP growth was only 4.69%, the FBMKLCI index closed at 1,867.
The Q2 2024 GDP growth is 5.9%, our FBMKLCI is at 1,660 only.

Many investors will still listen to market rumour that KLSE will crash in September 2024.
Can KLSE perform better than other stock markets in the world ?

Warren Buffett will not be a stock god if he invested in KLSE only.
You should feel very proud if you are still making money especially when you invest in KLSE only.
Do not blame 80% of investors in KLSE are losing money.

Thank you.

Posted by GlobalEquity > 1 month ago | Report Abuse

Hoard your cash!

Wait for the moment!

Seize the moment of crash or mini crash!

Now, just sip your coffee and enjoy the events around MACC, FED RATE CUT & RECESSION SEVERITY, US ELECTION.

Consensus won't lie, Gold (safe assets) is all time high.

Posted by dragon328 > 1 month ago | Report Abuse

YTL share price drop by over 20% in past 1 week is unjustified. It was obviously affected by the MACC investigation on the 1Bestarinet project which was used by business rivals and short sellers to press down the share price.

It is just a political maneuver which will not cause any harm to YTL's future prospects. The fundamentals remain intact with improving earnings outlook in next few years. For instance, CGS upgraded YTL to a Buy with target price of RM3.55 after the Q4 FY24 result update. CGS lowering of YTL target price was due to a cut in FY2025 earnings of YTL Power by 14%, which itself will prove to be a mistake.

Despite the cut in earnings in FY2025, YTL is trading at CY2025 PER of just 12x which makes it the cheapest construction cum conglomerate stocks in Bursa. Other big cap construction stocks are trading at PER of well over 20x.

Why I said the earnings cut of 14% for YTLP FY25 earnings by CGS is a mistake is because CGS pushed forward the AI data centre earnings contribution to YTLP to FY2026, i.e. it did not include any earnings contribution of AI data centre in FY2025 altogether. I think this will prove to be a mistake.

Posted by dragon328 > 1 month ago | Report Abuse

I see earnings of YTL Power to rise by 10% or so in FY2025 to above RM3.5 billion, despite the efforts of sell-side analysts to downplay the earnings of PowerSeraya and AI data centres (eg. CGS), Maybank even worse to completely ignore the earnings from Jordan Power.

Apart from YTL Power, YTL's 73%-owned subsidiary MCement will see its earnings another jump in quarters ahead as several mega infrastructure projects are taking off in soon - MRT3, Penang LRT, KL-Singapore HSR, Singapore Changi Terminal 5, Tuas Mega Port etc.

YTL hotels and shopping mall division will see continued strength as visa free travels from China and India will continue well into 2025.

Posted by OTB > 1 month ago | Report Abuse

TS Francis Yeoh has to use his excellent public relationship to sort out MACC case urgently. Otherwise, will not see the real bottom of this stock.
If this MACC case persists, 2.00 may not be the temporary bottom.
Very sad for this stock.
No luck.
Thank you.

Posted by StarOfTheBull > 1 month ago | Report Abuse

ESG maybe subject for review due to MACC investigation.

Posted by qqq47660 > 1 month ago | Report Abuse

Muhidin is the real target of the investigation and ytl is collateral damage

Posted by qqq47660 > 1 month ago | Report Abuse

And ytl is mahathir crony and Anwar crony

Posted by Willtolive > 1 month ago | Report Abuse

https://theedgemalaysia.com/node/726297

Posted by qqq47660 > 1 month ago | Report Abuse

Stock market in Malaysia no escape from whose who.

Posted by OTB > 1 month ago | Report Abuse

Posted by qqq47660 > 29 seconds ago | Report Abuse

Muhidin is the real target of the investigation and ytl is collateral damage
----------------------
I agreed.
Please note that foreign funds are also invested in this stock, hence it is not fair for this MACC case to remain unresolved.
A decision has to be made, charge YTL Communications if she is guilty.
If not, clarify the case and get it resolved.
Please note that YTL and YTLPower have business in other parts of the world.
They are international companies.
Thank you.

Posted by ggleow > 1 month ago | Report Abuse

Going to break support of 2.30 today.
Dont go in. Still can go down further. Maybe below 2.00 next week

Posted by ggleow > 1 month ago | Report Abuse

ytl crony to any PM. Very risky this ytl.

Posted by GlobalEquity > 1 month ago | Report Abuse

Two more trading days!

Expect some breaking news this Friday!

Hope there is investigation update or company Press Statements.

Absolutely very risky to dip your toes in the water now!

Posted by oE360884 > 1 month ago | Report Abuse

Once the cronies have collected huge bunch of cheap shares from the scaremongers, the anticipated "good news" will be released and price recovers enriching these cronies. Meanwhile, all technical support level, moving averages, supply zones have been smashed, now the 2.10 demand zone must hold the fort. Otherwise Uncle Yeoh will see his empire burn all the way back down to 1.50. Time will tell how the story evolves.

Posted by ggleow > 1 month ago | Report Abuse

1MDB 2.0

Posted by cwc1981 > 1 month ago | Report Abuse

Mahiaddin today go court for Jana Wibawa. Hope 1 bestarinet doesn't cause much trouble

Posted by ggleow > 1 month ago | Report Abuse

ytl ggleow

Posted by Faiza > 1 month ago | Report Abuse

one is crony to old horse
one is opposition leader
how nice to have all in the net with 1bestari
the ending wont be good

Posted by JJPTR > 1 month ago | Report Abuse

why politicians being corrupt is so acceptable?
becos when he become leader, he will steal 2billions, and distribute 1 million each to the macais who are willing to lick his backside, and run propaganda on his behalf, that the politicians is prihatin to the rakyat, BUT the truth is he is a triple head snake

Posted by GlobalEquity > 1 month ago | Report Abuse

Very deep water !

Even the stocked has been sold down for many days, still no one no big funds dare to "buy the dip", that shows MACC's investigation is scaring the hell out of big boys!

No one knows, what bombshells will drop anytime.

So, hold tight.

Posted by Faiza > 1 month ago | Report Abuse

ESG is a big issue
poor corporate governance will be a big turnoff to funds

Posted by cwc1981 > 1 month ago | Report Abuse

Power turned green

Posted by dragon328 > 1 month ago | Report Abuse

Despite the continued bashing by certain new IDs in this forum, YTL and YTLP shares are rebounding strongly.

I think i3 admin should block these new IDs for spreading unfounded allegation while MACC is investigating the case, or else YTL group may initiate legal actions against i3 or some of these people behind the fake IDs

Posted by GlobalEquity > 1 month ago | Report Abuse

Dangerous trap!

You don't see steady queues of a million shares Buy yet!

Some Funds just take the risk!

Better be safe than sorry later.

Posted by ggleow > 1 month ago | Report Abuse

kaput already

Posted by Zorrosmile > 1 month ago | Report Abuse

Seller start hunting buyer like no tomorrow..very bad..pity on buyer trying very hard to defend the price..hope 2.40 can be hold today.

Posted by GlobalEquity > 1 month ago | Report Abuse

No momentum!

Losing steam!

Faked breakout!

Posted by newbie9893 > 1 month ago | Report Abuse

better kaput now, might free fall again tomorrow

Posted by 100Mark > 1 month ago | Report Abuse

Start showing a V shape movement ?

Posted by mf > 1 month ago | Report Abuse

S&P 500 falls as traders deal with new inflation data, September volatility

Posted by salman > 1 month ago | Report Abuse

RUN!!!! no hope...faked breakout

Posted by cwc1981 > 1 month ago | Report Abuse

Don't be like that

Posted by ggleow > 1 month ago | Report Abuse

3-4 cent profit, cabut first. Later 3-4 cent loss then u know

Posted by NatsukoMishima > 1 month ago | Report Abuse

Bargain hunting !

Posted by cwc1981 > 1 month ago | Report Abuse

https://www.freemalaysiatoday.com/category/nation/2024/09/12/plan-for-bandar-malaysia-to-fund-hsr-unsustainable-say-experts/

Posted by cwc1981 > 1 month ago | Report Abuse

No good comments. Haizzz

Posted by ValueInvestor888 > 1 month ago | Report Abuse

Hi Dragon, any new update on YTLCOM and MACC case?
Today we see net funds inflow of both YTL and YTLP. Funds are also net buying...

Posted by newbie9893 > 1 month ago | Report Abuse

Last chance to grap YTL@2.47, you won't get able to get this price in afternoon section..trust me

Posted by cwc1981 > 1 month ago | Report Abuse

https://www.sprm.gov.my/index.php?id=21&page_id=105&contentid=3391

Posted by Opulent > 1 month ago | Report Abuse

Be cautious

Posted by cwc1981 > 1 month ago | Report Abuse

Only this official statement from MACC

Posted by StarOfTheBull > 1 month ago | Report Abuse

Long weekend ahead. Looks like no news updates anytime soon.

Posted by cwc1981 > 1 month ago | Report Abuse

Plz fast fast go up

Posted by dragon328 > 1 month ago | Report Abuse

@ValueInvestor888, latest sources say MACC is no longer questioning any personnel from YTL Comms, and confidence has built up that YTL Comms will be cleared of any wrongdoing by MACC eventually.

I do not have other news but just faith in the company. Be patient to wait out this episode.

Posted by dragon328 > 1 month ago | Report Abuse

Foreign funds net bought RM11 million worth of YTL Power shares and RM7 million worth of YTL shares yesterday. Looks like they have moved ahead of us in scooping up cheap tickets.

Net short position on YTL Power continued to slide down to 8.4m shares as of yesterday, despite new short addition of 100k shares yesterday. Today I see little short selling on YTL and YTLP too.

I guess foreign funds and short sellers already sense something ahead of us before the tide turns.