The CapitaSpring building in Singapore. BlackRock Inc and YTL Hotels are set to purchase the Citadines Raffles Place, located in CapitaSpring, for just under S$290 million (RM950.95 million). International funds are still trust YTL
Right, Blackrock must have confidence in YTL group for it to partner YTL in this purchase of property project in Singapore CBD. YTL will take a minority stake as reported. Blackrock, being one of the largest funds in the world, could have taken the entire stake in the project which costs around S$290m only, which is not a big sum to Blackrock.
But Blackrock chooses to partner YTL as it believes YTL will be able to add value based on its long track records of buying undervalued assets and turning them into cash cows, just like the Niseko resort land.
Why 90% of traders lost money in the stock market ? The answer is they never look at the fundamentals of the stock. What is the EPS and PER ? If you know the fundamentals of the stock, you will never pass this kind of remarks without fact and figure. Sad.
UNICEF condemns ‘shameful violence against children’ in Gaza The UN Children’s Fund has called for an immediate end to the “shameful violence against children” in Gaza, as Israel continues to attack refugee camps and medical facilities housing displaced Palestinian refugees.
“Today, our screens were once again filled with horrifying reports of children killed, burnt, and families emerging from the bombed tents in Gaza. These should shock the world to its core,” UNICEF wrote in a post on X.
Hahahaha ini natsuko oo jepun pandai alamak lagi downgrade to 70c,kemudian curi curi pergi beli mahal punya alamak lagi cakap rm4 anytime,betul betul sinkarlin,wakaka
YTLP more stable but for YTL, seller too strong and will eat every single unit que in buyer at any price…dont know what happen and when it will be ended.
As expected, yesterday big drop in YTL and YTLPower were due to foreign fund selling. They had been relatively quiet the past 2-3 weeks, with YTL and YTLPower hardly making their top counters. But yesterday was an exception. YTLPower was their top sell counter (38m) and YTL was their third top sell counter (20m). Foreign funds top buy were Maybank and Gamuda. On the other hand, local institutions second biggest net buy counter was YTLPower (23m) after PBB. Local retailers top buy counter was YTL (25m) Like it or not, foreign funds still hold lots of YTL & YTLPower shares bought cheap from last year and they are still taking profit whenever they sees fit. But compared to selling of the tech counters, I guess YTL and YTLPower are holding up pretty well Their PE ratio are now so low, 6 to 8, compare to the tech counters 20-30s. At some point, YTL and YTLPower will become bargains. So we need to be patient, I guess.
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....
facsc118
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Posted by facsc118 > 1 month ago | Report Abuse
q 2.43 buy