Posted by cwc1981 > 2 months ago | Report Abuse

Just trade with cautious. Nobody know what is the outcome. Just wait for the investigation to complete

Posted by treasurehunt > 2 months ago | Report Abuse

Whack all then RM got the chance to be strengthen and attractive foreign funds. Don't whack? RM would we all the way down to 6. Najib was the example. Next next please.

Posted by StarOfTheBull > 2 months ago | Report Abuse

Dr M, PM in year 2002.

Posted by Willtolive > 2 months ago | Report Abuse

when MACC whacked all the dishonest people, left standing are honest people

Posted by Opulent > 2 months ago | Report Abuse

Get your parachutes ready

Posted by haziqaz > 2 months ago | Report Abuse

1BESTARINET dan YTL disiasat SPRM, disebalik penafian Muhyiddin apa yang berlaku?

https://the-corporatesecret.com/blog/2024/09/08/1bestarinet-dan-kpm-disiasat-sprm-disebalik-penafian-muhyiddin-apa-yang-berlaku/

Posted by failorangdalam > 2 months ago | Report Abuse

Apa tuntutan palsu lebih RM2.5 bilion 1BestariNet sehingga SPRM serbu pejabat YTL?

Kes tertangguh lama, 2019 pegawai KPM dedah kerugian projek 1Bestarinet. Projek dibawa Datuk Adlan Berhan ini banyak kali diselamatkan Tan Sri Muhyiddinpda fasa 1. Dr Madzlee dipecat kerana tamatkan kontrak YTL. Namun kini tahun 2024 Pengarah Siasatan SPRM beraksi menyerbu pejabat YTL. Arahan siapa? Kabel YTL bukan calang-calang. Projek Gentian Optik di Sabah markup RM1.003b tak berani SPRM sentuh. Apa sebenarnya?

BACA lagi https://sabahkini2.co/en/news/6443/apa-tuntutan-palsu-lebih-rm25-bilion-1bestarinet-sehingga-sprm-serbu-pejabat-ytl/view

Posted by Icon 888 > 2 months ago | Report Abuse

Shot gao e

Posted by dragon328 > 2 months ago | Report Abuse

@cwc1981, I don't think the 1Bestarinet project was a total failure. YTL completed the project according to the specifications spelled out by the ministry, i.e. install wifi infrastructure at 10,000 schools nationwide and provide chromebooks to students for VLE.

YTL Comms completed the project ahead of schedule within 7 years instead of the planned 15 years. The project had been certified by the Ministry of Education as being successfully completed when the project was not extended for the last phase. The last phase was where YTL Comms would fulfill the final objective of maximising the engagement level of students with the digital learning platform. When the contract was ended in June 2019, 1 million of the total 5 million students were actively logging in and engaged in the virtual learning.

So there was nothing wrong on YTL's part, as YTL Comms was just a contractor who completed the project according to specs.

Posted by Willtolive > 2 months ago | Report Abuse

how much of the rm4billion contract has been paid? where is the infra now?

Posted by dragon328 > 2 months ago | Report Abuse

This MACC case is just a campaign by certain fractions to tarnish the reputation of YTL group, it will be over soon and will not cause any impact on YTL/YTLP earnings going forward. I believe the share price of both will rebound to previous highs again in next few months as fundamentals remain intact.

Short sellers may be winning this round, but as a long term investor, as long as I do not sell at current low prices, I DO NOT LOSE.

FYI, foreign funds net bought RM47 million worth of YTL shares last Friday and RM23 million worth of YTL Power shares last Friday alone. Some smart local retailers also bought a total of RM14m of YTL shares and RM12m of YTLP shares last Friday.

Posted by salman > 2 months ago | Report Abuse

RUN!!! no hope for YTL

Posted by Faiza > 2 months ago | Report Abuse

sell before going under 2.0

Posted by PaiKia > 2 months ago | Report Abuse

cabutttttttttt

Posted by Opulent > 2 months ago | Report Abuse

Sell and divert your money in other stocks

Posted by Opulent > 2 months ago | Report Abuse

Might go back to 1.50 last year's price

Posted by flydelta > 2 months ago | Report Abuse

2.47, going back to 3

Posted by salman > 2 months ago | Report Abuse

RUN!!! rm0.20 coming....

Posted by Eagle77 > 2 months ago | Report Abuse

Bad reputation ⬇️⬇️⬇️🩸🩸🩸 back to below 0.50

Posted by Eagle77 > 2 months ago | Report Abuse

Will lose every coming project such as HSR ⬇️⬇️⬇️🩸🩸🩸

Posted by cktay > 2 months ago | Report Abuse

Yes, agree with Dragon.
Contrary to expectations, foreign funds bought 47m of YTL and 23m of YTLPower
It was some local funds that unloaded 69m of YTL and 45m of YTLPower
(Probably their cost were very low, so they want to lock in their profit)
Last Friday was significant because of the huge volume, top volume counters on Bursa.
Whatever ironically it may be good as the average price will no longer be 50s-60s
so future profit taking will be minimized.
Local retailers bought 14m YTL and 12m YTLPower
but who are local retailers?
They may not be small timers who buy or sell a few lots, but millionaires in the know
playing with their own money.
Up to you to decide to buy, sell or hold. Your choice!

Posted by Opulent > 2 months ago | Report Abuse

Touch n go

Posted by cktay > 2 months ago | Report Abuse

Also despite the heavy sell last Friday, on the whole, Foreign funds still bought a net 61m on Bursa,
Have to watch all this closely. and also the trend of the Ringgit
As long as foreign funds keep net buy ....
.... effect is redistribution/trickling to other counters
One big question is the effect of Wall Street?
I expect the US market will pivot this year.
Will it be eventually good or bad, I don't know.
For a long time, a uptrend US market had been bad for many small markets like Bursa
So will the contrary be expected? Your guess as good as mine. Tq

Posted by Opulent > 2 months ago | Report Abuse

Umm

Posted by fl888 > 2 months ago | Report Abuse

ESOS price last year coming…

Posted by Eagle77 > 2 months ago | Report Abuse

🤣🤣🤣⬇️⬇️⬇️🩸🩸🩸 if stay becoming ☠️☠️☠️

Posted by OTB > 2 months ago | Report Abuse

Malaysian Ringgit is strengthening against other major currency especially USD is a good news to Malaysian stock market.
The Malaysian export increased by 12.3% in July 2024 compared against July 2023.
The GDP growth for Q2 2024 is 5.9%.
All these news will attract foreign investors to invest in KLSE.
The foreign funds are net buyers in KLSE in last 2 months and now.
These news will make our KLSE into a bull market.

Nomura Broker is recommending foreign funds to invest in Indonesian and Malaysian stock markets.

Jakarta index was below 400 points in 1997.
Today closed at 7729 and also at new high.
Over 27 years, it increased 1,832%.
FBMKLCI Index was below 600 points in 1997 (FBMKLCI index is higher than Jakarta index).
Today closed at 1,653.
Over 27 years, it increased 176%.
Very sad.

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

The foreign funds are net buyers in KLSE in 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 happened 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 1,651 only.
KLSE performed miserably against Jakarta Stock Exchange.
Very ... very sad.

Hope our leaders will help to promote our KLSE to new highs.
Reduce all negative news that will affect the performance of KLSE.
Good luck to our KLSE of Malaysia.
Thank you.

Posted by Opulent > 2 months ago | Report Abuse

Left only skeletons

Posted by Sslee > 2 months ago | Report Abuse

Malaysian Ringgit is strengthening against other major currency especially USD is a good news to Malaysian stock market???

Not true because many listed companies are export oriented cost in RM receivables and sales in USD so next quarter will be poor earning.

Posted by ov123 > 2 months ago | Report Abuse

Speak to the teachers and they will tell you what they think of Bestarinet. This investigation is just the beginning.

Posted by Willtolive > 2 months ago | Report Abuse

my sifoo said don't buy yet, today sellers sell slowly so price won't drop much, tomorrow continue for next 2 weeks

Posted by cwc1981 > 2 months ago | Report Abuse

Oh no......haizzz

Posted by Lee Ying Yee > 2 months ago | Report Abuse

esos continue ,, , , will below *^$2 ???

Posted by Investorrr > 2 months ago | Report Abuse

foreign fund were net buying utilities shares last week.

Posted by NatsukoMishima > 2 months ago | Report Abuse

80 sens coming !

Posted by newbie9893 > 2 months ago | Report Abuse

i already loading tons of YTL & YTLP this morning, will be rewarded kaw kaw after announced "case closed" soon.

Posted by treasurehunt > 2 months ago | Report Abuse

Block the leakages to restore the confidence of Malaysian from pumping out the money to overseas. Low tech sector, ie EMS, should migrate to low labour costs country for their survival and should not foreseeing to take advatange of RM depreciation for long term.

Posted by salman > 2 months ago | Report Abuse

RUN!! for your life.....save yourself before too late

Posted by newbie9893 > 2 months ago | Report Abuse

huge blocked @2.39, still in collecting mode

Posted by cwc1981 > 2 months ago | Report Abuse

Attacking new low for the day again.haizzz

Posted by BlackQ > 2 months ago | Report Abuse

YTL is under attack….

Posted by mf > 2 months ago | Report Abuse

sell

Posted by Faiza > 2 months ago | Report Abuse

this counter is gone for sure

Posted by cwc1981 > 2 months ago | Report Abuse

Won't go below 2 but also won't go back up so soon

Posted by Opulent > 2 months ago | Report Abuse

Dead stock

Posted by NatsukoMishima > 2 months ago | Report Abuse

80 sen coming

Posted by Opulent > 2 months ago | Report Abuse

Pick up when go down to 80 sen then

Posted by bsinvestor > 2 months ago | Report Abuse

tomorrow sure rebound. oversold already

Posted by Agjl > 2 months ago | Report Abuse

Those who had sold much earlier are waiting quietly to pounce…like a jaguar

Posted by teochaimou > 2 months ago | Report Abuse

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E6%88%90%E5%8A%9F%E9%93%81%E8%B7%AF%C2%B7%E6%9D%A8%E5%BF%A0%E7%A4%BC%E5%BB%BA%E7%AD%91%C2%B7%E4%B8%AD%E5%9B%BD%E9%93%81%E5%BB%BA-%E9%9A%86%E6%96%B0%E9%AB%98%E9%93%81%E6%9C%80%E7%BB%88%E5%9C%88%E5%AE%9A3%E8%B4%A2%E5%9B%A2?fbclid=IwZXh0bgNhZW0CMTEAAR0KttdpDVEatKJTUHTLIt4mc-dP0CfdzNt-59gRpkbZiGoClFcsQZbQkmA_aem_bjRVInVwisjSMosJBxji4w