Posted by dragon328 > 2024-03-31 16:54 | Report Abuse

To be more conservative, I will take the average USEP of SGD158/MWh in Jan-Mar2024 as the selling price of the power export to Singapore.

Potential revenue will be:

100MW x 92h x 24h x 85% x SGD158/MWh = SGD29.6m a quarter

minus cost of generation of RM37.5m a quarter, gross profit would be RM66 million a quarter or RM265 million a year, which looks more palatable with the cost of investment of RM300+m

Posted by dragon328 > 2024-03-31 17:02 | Report Abuse

@PureBULL, I am not really upset nor angry with naysayers, but I just wanted to give a true picture of the financial situation of YTL Power, and it was easy to make a comparison with Tenaga who is also in the power generation business and in the Utility sector of Bursa.

One needs to make an objective judgement and assessment of each individual company, not just looking at it being a monopoly or some sort. There is no monopoly or sort in business here. Just look at the US stock market, which company can become a US$1.0 trillion company by being a monopoly? Or which company with US$1.0 trillion market cap has a monopoly business?

I also do not like to see people who have earlier bought in YTLP share to sell cheap at the current moment to these "naysayers" whose job is just to press down the share price. It would be a pity if one let go of its holding of YTLP at this moment when the share price might be about to break up soon.

Posted by dragon328 > 2024-03-31 17:09 | Report Abuse

https://www.klsescreener.com/v2/news/view/1301863/%E9%93%B6%E6%B2%B3%E5%9B%BD%E9%99%85-%E6%8E%A8%E5%8A%A8%E8%82%A1%E5%B8%82%E4%B8%8A%E8%A1%8C-%E6%94%BF%E5%BA%9C%E6%96%B0%E6%94%BF%E8%AF%84%E5%88%86-a

This list shows that funds are trying to find a way to buy cheap into YTL and YTL Power, even after the good run in share price.

Posted by UlarSawa > 2024-03-31 17:12 |

Post removed.Why?

Posted by MrFox > 2024-03-31 17:13 | Report Abuse

It would be a pity if one let go of its holding of YTLP at this moment when the share price might be about to break up soon.

Me a long distance traveller! Sudden storm here and then dun bother me!!!!
My first purchase at 2.XX is deep in the freezer!!!
But if there is a big swing downwards, will buy to play contra/short term for free Starbucks
haha

Posted by UlarSawa > 2024-03-31 17:23 |

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Posted by UlarSawa > 2024-03-31 19:01 |

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Posted by OTB > 2024-03-31 19:03 | Report Abuse

Dear dragon328,
Thank you for your good information and hardwork.
It is always very hard to write and recommend a stock.
Thank you.

Posted by UlarSawa > 2024-03-31 19:07 |

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Posted by UlarSawa > 2024-03-31 19:22 |

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Posted by Agjl > 2024-03-31 20:57 | Report Abuse

Hahahahaha ulaae sawa u need to come out with some numbers to support yourself leh. Must like dragon mah, whether he is right or wrong at keast he has all the nimbers leh. Haiyoh! Correct?

Ular saw dont lah keep blowing water and no numbers to support your concerns. Haiyoh correct?

Wakakakakakakak ular memang ular. Slicky and sneaky. Haiyoh! Corect? Wakakakakak

Posted by LimPek > 2024-03-31 21:19 | Report Abuse

47 fake IDs banned. Thank you admin.

Posted by UlarSawa > 2024-03-31 21:21 |

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Posted by UlarSawa > 2024-03-31 21:22 |

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Posted by UlarSawa > 2024-03-31 22:32 |

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Posted by UlarSawa > 2024-03-31 22:35 |

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Posted by UlarSawa > 2024-03-31 22:41 |

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Posted by UlarSawa > 2024-03-31 22:45 |

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Posted by Mabel > 2024-04-01 00:11 | Report Abuse

#UlarSawa Haiyoh cham lor. Competition so great in this type of business leh. Can YTLP compete or not is a very big Question Mark leh. Lawan Taikor Taikor with so much of Fund to pump in leh. Haiyoh. Correct?

Mabel

https://seekingalpha.com/news/4085355-microsoft-openai-eyeing-100b-sup...

Microsoft (NASDAQ:MSFT) and OpenAI have been in talks to invest as much as $100B for a data center project that would contain a supercomputer, the biggest in a series of installations the companies plan to establish over the next six years, The Information reported, citing people familiar with the matter.

Meow Meow Meow
31/03/2024 10:38 AM

Here a snap shot of YTL Power from Wall Street. Mabel recon earning has not taken into consideration from data center.

REWARDS
Trading at 6.1% below our estimate of its fair value
Earnings grew by 86.6% over the past year
Trading at good value compared to peers and industry

RISK ANALYSIS
Debt is not well covered by operating cash flow
Earnings are forecast to decline by an average of 5.7% per year for the next 3 years
Volatile share price over the past 3 months

Price target increased by 14% to RM4.23
Up from RM3.72, the current price target is an average from 10 analysts.
New target price is 5.1% above last closing price of RM4.02.
Stock is up 447% over the past year.
The company is forecast to post earnings per share of RM0.36 for next year compared to RM0.25 last year.

Based on dragon comments looks like it debt now covered at subsidiary level..

Meow Meow Meow

#dragon328 Let me update on YTL Power cashflows and net cash situation based on latest Q2 FY2024 results:

Operating cashflows before working capital changes and capex amounted to RM2.74 billion for the 6 months ended 31 Dec 2023, annualised to RM5.5 billion. Among this, PowerSeraya will contribute over RM3.0 billion of operating cashflows a year to YTL Power, others are steady dividends from Jawa Power and Jordan Power plus shareholders' loan interest income.

Capex for the 6 months amounted to RM1.6 billion, meaning that YTLP had free cashflows of RM1.4 billion for 6 mths, annualised to RM2.8 billion a year.

As of 31 Dec 2023, YTLP had gross cash of RM9.6 billion and total borrowings of RM31.4 billion, or net debt of RM21.8 billion.

I estimate that almost all of the debts are sitting at the various subsidiary level:
Wessex - GBP3.1b or RM18.6b
PowerSeraya - SGD1.0b or RM3.5b
Jordan - USD1.5b or RM7.0b
Yes - RM1.0b
YTL Comms/data centre - RM1.3b

Total debts at subsidiaries RM31.4bn

This means that at the holding company level, YTL Power actually has zero debt. The RM9.6b gross cash at the balance sheet, the bulk of which is sitting at subsidiary level too for general working capital purposes and for future capex plans. I estimate that at the holding company level, there is a minimum of RM2.0 billion net cash that YTL Power can deploy for future M&A and new project capex.

So to some parties claiming of high debts at YTL Power, please study the balance sheet again.

Why are they not saying high debts at Tenaga?? FYI, Tenaga had total RM61 billion of debts and gross cash of RM19.3b as of 31 Dec 2023. Tenaga is required to spend a total of RM51b for normal grid capex over next 5 years to 2030 and additional RM35b for NETX related capex by 2030, so a total of RM86 billion of capex to be spent over next 5-6 years. Where is it going to get the money from? By increasing the electricity bills for everyone here? BY getting bailout grant from the government? from issuing more bonds? by getting more bank borrowings? Please think again and talk with facts and figures.
31/03/2024 12:16 PM

Posted by UlarSawa > 2024-04-01 07:38 |

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Posted by UlarSawa > 2024-04-01 07:40 | Report Abuse

In October 2023, the Biden administration tightened restrictions on sales of advanced semiconductors by American firms.

Nvidia has flagged concerns about getting caught up further in the geopolitical tensions between the United States and China.

Its competitive position has been harmed and could be further impacted in the long term, if there are further changes in US export controls on chips, it said in the annual report.

“In the event of such change [in US export control rules], we may be unable to sell our inventory of such products and may be unable to develop replacement products not subject to the licensing requirements, effectively excluding us from all or part of the China market, as well as other impacted markets, including the Middle East,” it said.

Nvidia reported strong earnings on Wednesday. Its profits for the three months ended January 28 were up 769% from a year ago. But its China business took a hit from US restrictions on chip sales to the country.

“Growth was strong across all regions except for China, where our data center revenue declined significantly following the US government export control regulations imposed in October [2022],” Colette Kress, Nvidia’s chief financial officer, said in an earnings call.

Data centers, which includes the graphics cards, are Nvidia’s biggest source of revenue. Sales from its core data center business grew 409% year-over-year to a record $18.4 billion in the fourth quarter.

She said China represented “a mid-single-digit percentage” of the company’s data center revenue in the fourth quarter, and is expected to stay in “a similar range” in the current quarter.

Posted by UlarSawa > 2024-04-01 07:45 | Report Abuse

NVIDIA's GPU Market Share

In 2023, NVIDIA owns 82% of the GPU marketshare but it is slowly starting to lose share toIntel and AMD. Its other competitors includeCisco, Qualcomm, Broadcom, Hewlett

Packard Enterprise, and Renesas

Electronics. 6 Mar 2024

Posted by UlarSawa > 2024-04-01 08:00 | Report Abuse

Hong Kong
CNN
—
Nvidia has named Huawei a top competitor in a number of areas, including in the crucial production of processors that power artificial intelligence (AI) systems.


The Santa Clara-based company said Wednesday in its annual report that Huawei was a competitor in four out of five major categories of its business, including supplying software and hardware for graphic processing units (GPUs), which are widely used in generative AI.

Other companies also listed as its rivals in some areas include AMD (AMD), Amazon (AMZN), Microsoft (MSFT) and Broadcom (AVGO).

Posted by cgtan2020 > 2024-04-01 08:49 | Report Abuse

NSP further reduced to 16,837,269

Posted by dragon328 > 2024-04-01 08:57 | Report Abuse

@Mabel, this Walll Street fair value for YTLP is derived by AI using inputs from 10 analysts. If you check the methodology and data inputs to the AI, you will see that it relied on just one analyst's input for projected cashflow for 2027 to extrapolate further to 2030 and to calculate the terminal value. As this particular analyst gave a very low projected cashflow figure for 2027 (something like RM2.1b for 2027 compared to RM2.7-3.0b for 2025-2026 based on more data inputs), so the AI thought that the earnings would gradually go down over the years from 2026. This to me sounds like the narrative of some local analysts like Maybank.

Apparently this particular analyst was able to influence the valuation of YTLP by submitting a low cashflow projection figure for 2027 to Wall Street.

So just take it as a pinch of salt.

Posted by UlarSawa > 2024-04-01 09:05 |

Post removed.Why?

Posted by UlarSawa > 2024-04-01 09:08 |

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Posted by MrFox > 2024-04-01 09:32 | Report Abuse

streaming side dish
[march 878], now 909...896..904..907..922,…927..915...935..960 [yr end=2500 ??!!!!]
veri volatile!

Posted by UlarSawa > 2024-04-01 09:32 |

Post removed.Why?

Posted by jenson68 > 2024-04-01 09:38 | Report Abuse

Good month ahead in conjunction Raya festival … cross 4 in April , hehe

Posted by murilo > 2024-04-01 09:41 | Report Abuse

follow nvdia

Posted by Zhuge_Liang > 2024-04-01 10:21 |

Post removed.Why?

Posted by JMpower > 2024-04-01 10:51 | Report Abuse

OTB and Dragon 328
Thanks for your good job

Posted by 2721 > 2024-04-01 10:54 | Report Abuse

Gogogo..unstoppable again..

Posted by OTB > 2024-04-01 11:09 | Report Abuse

TA reading of YTLPower.
According to the Elliott Wave theory, I believe the share price of YTLPower will start to move up this week.
The share price is still in an uptrend channel and supported by the lower line of the uptrend channel.
This correction is quite long, it lasted about 2.0 months.
The uptrend started after the share price crossed 3.71 and 3.83 respectively in the previous week.

Looking at the monthly chart, the present correction is a Second Wave down.
The correction of this super uptrend lasted about a month previously.
But the present correction is already 2 months.
Hence the present correction is classified as Second Wave down.
I believe the candle on 15/3/2024 is a trend reversal candle.
The Third Wave up trend has started after 15/3/2024.
Once the Third Wave up starts, the share price movement will be very fierce due to the huge profit of the Nvidia and YTLPower partnership on data storage centers.
I believe the share price of YTLPower will move up north very fast.
I also believe the target price of YTLPower in 2024 will be very high.
Note :
There is no 100% sure TA is very accurate, the technical chart serves as a guide only.
Good luck.
Thank you.

Posted by Mabel > 2024-04-01 13:16 | Report Abuse

#dragon328 @Mabel, this Walll Street fair value for YTLP is derived by AI using inputs from 10 analysts. If you check the methodology and data inputs to the AI, you will see that it relied on just one analyst's input for projected cashflow for 2027 to extrapolate further to 2030 and to calculate the terminal value. As this particular analyst gave a very low projected cashflow figure for 2027 (something like RM2.1b for 2027 compared to RM2.7-3.0b for 2025-2026 based on more data inputs), so the AI thought that the earnings would gradually go down over the years from 2026. This to me sounds like the narrative of some local analysts like Maybank.

Apparently this particular analyst was able to influence the valuation of YTLP by submitting a low cashflow projection figure for 2027 to Wall Street.

So just take it as a pinch of salt.
01/04/2024 8:57 AM

Yes and thanks for your feedback dragon328...

To Our Success !

Meow Meow Meow

Posted by UlarSawa > 2024-04-01 13:50 |

Post removed.Why?

Posted by LimPek > 2024-04-01 14:55 | Report Abuse

Yesterday recorded 47th died on same day.

So today the 48th or the 49th died already?

Posted by LimPek > 17 hours ago | Report Abuse

47 fake IDs banned. Thank you admin.

Posted by LimPek > 2024-04-01 14:57 |

Post removed.Why?

Posted by 2721 > 2024-04-01 15:20 | Report Abuse

3.93 is coming to town

Posted by Apple2353 > 2024-04-01 15:21 | Report Abuse

Admin.. what kind of forum is this?

Posted by MrFox > 2024-04-01 15:31 | Report Abuse

streaming side dish
[march 878], now 909...896..904..907..922,…927..915...935..960...940 [yr end=2500 ??!!!!]
veri volatile!

Posted by Apple2353 > 2024-04-01 15:38 | Report Abuse

Disgusting vulgarities

Posted by HumptyDumpty > 2024-04-01 15:53 | Report Abuse

It's moving but the volume is pretty thin and chasing high.. strange, someone positioning for the big fish ?

Posted by 2721 > 2024-04-01 15:57 | Report Abuse

Long time no see rm4..lets break thru rm4.24 in one shot..

Posted by goldmanbull > 2024-04-01 16:32 | Report Abuse

Still can masuk?

Posted by curiousq > 2024-04-01 16:37 | Report Abuse

join you main pantat?

Posted by MrFox > 2024-04-01 16:55 | Report Abuse

goldmanbull

Still can masuk?

22 minutes ago

lu ada $$$ tak???
haha

Posted by MrFox > 2024-04-01 16:58 | Report Abuse

HumptyDumpty
It's moving but the volume is pretty thin and chasing high.. strange, someone positioning for the big fish ?
Obviously this some1 knows that YTLP is no HumptyDumpty !!!
haha

Posted by Jonathan Keung > 2024-04-01 18:56 | Report Abuse

YTLP and YTL taking a breather