At the moment, no one should act like a judge to pass judgement. 1)Who can prove that YTL Corp has involved in corruption ? 2) Could it be someone or some party giving false statements deliberately to sabotage YTL Power ? 3) Even the Court could not pass the verdict without concrete evidences.
If Mr Market believe ytlp is innocent,then price will rise Else price will stagnant or drop. Who are you ,the bilis? Do you think what you believe is important?
For period Sep13 to Sep23 [Source HLIB] Foreign funds sold net 105m of YTL and 42m of YTLPower Local institutions bought net 93m of YTL and 33m of YTLPower Hopefully the foreign funds who had bought cheap will be exhausting their selling. Some of the local institutions in the know may be buying if they know some development taking place.
It is great news that our Agong is in the picture. I hope he personally will put equity into the HSR project (to demonstrate confidence in the project) Also it is in the interest of the China to make it a showcase of their road and belt initiative. What more as KL-S'pore route is one of the busiest in the world. Where will Japan be now if they had not built the Shinkansen? Also see the rapid development taking place in China. Our economists & analysts all had a narrow mind and only count the dollar and sens and not look at the wider implications of the HSR project. Our Agong is more visionary. Hopefully one day we have a HSR stretching from Penang to S'pore, then we have a 'Silicon Peninsula'
HSR should be coming soon after President Xi expressed willingness for China companies to participate in the project. Whether or not YTL will get a portion of the mega project, MCement will be a big winner.
It is heartening to note that more than RM50 million would be saved from the acquisition due to appreciation in Ringgit . In other words, there is huge gain in foreign exchange if payment is made by converting from RM to SGD.
YTL already said no problem to fully find the HSR project, just give the bloody Letter of Award to YTL. Just 5 or 6 years of profit of the entire group profit. What is that? Zero risk to the Government.
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....
speakup
27,171 posts
Posted by speakup > 2 months ago | Report Abuse
Giving Ytl HSR is like sending more kids to GISB daycare after GISB is exposed