Posted by Pinky > 2024-05-24 10:15 | Report Abuse

Dividend stingy

Who cares if got AI

Not a buy

Posted by izoklse > 2024-05-24 10:15 | Report Abuse

Wow what happen

Posted by prudentinvestor > 2024-05-24 10:19 | Report Abuse

Harsh reality has finally struck. Has already gone up 5 times vertically like a rocket over the past year. Time to take a meaningful rest.

Posted by jenson68 > 2024-05-24 10:22 | Report Abuse

Healthy correction move toward next level !! Hehe

Posted by izoklse > 2024-05-24 10:28 | Report Abuse

Later Limit Down

Posted by mikewazowski > 2024-05-24 10:28 | Report Abuse

Luckily sold all few days before. The stock price have risen by too much and the results cant justify the increase. Everything has been priced in already.

Posted by kudamuda > 2024-05-24 10:34 | Report Abuse

it's a healthy correction indeed. the current earnings represent the solid foundation for the years to come. However, the future earning from data center & green energy still yet to show up. So, whoever wish to buy during this correction is buying into future earnings.

Posted by mikewazowski > 2024-05-24 10:37 | Report Abuse

Yes wait for further correction

Posted by itch > 2024-05-24 10:47 | Report Abuse

RHB TP 6.68

Posted by owaraiMON > 2024-05-24 10:49 | Report Abuse

this tua never set tp never set cl i wonder how he trade

Posted by klee > 2024-05-24 10:50 | Report Abuse

Luckily sold 5.3.Now wait for super cheap sale.

Posted by Mabel > 2024-05-24 10:51 | Report Abuse

Waiting at RM 4.770..

This operator is very good...just like Francis Yeoh

Meow

Posted by Hotstuff > 2024-05-24 10:51 | Report Abuse

He trade using his mouth. Bla bla bla cakap aja tak beli langsung. His diehard followers will feed him

Posted by 2721 > 2024-05-24 10:52 | Report Abuse

Ok..hope can sapu 2nd round

Posted by Apple2353 > 2024-05-24 10:53 | Report Abuse

always try to recruit followers.. good money.. membership fee RM100/pax.

Posted by goody99 > 2024-05-24 10:55 | Report Abuse

did not expect it to drop so much...

Posted by Hotstuff > 2024-05-24 10:57 | Report Abuse

I really wonder which sxchai really pay rm100 to become his member hahahaha

Posted by Ravetidus > 2024-05-24 10:58 | Report Abuse

wait for RM4

Posted by Hotstuff > 2024-05-24 10:59 | Report Abuse

And he is everywhere in the forum. He owns 999 counters out of 1000

Posted by izoklse > 2024-05-24 11:00 | Report Abuse

foreign buyer selling. waaa let see if it can touch LD.

Posted by StartOfTheBull > 2024-05-24 11:01 | Report Abuse

Chance to donate RM100 to Red Warriors gang (team.)

Posted by Hotstuff > 2024-05-24 11:03 |

Post removed.Why?

Posted by Apple2353 > 2024-05-24 11:07 | Report Abuse

i better not comment.. nanti orang cakap i sour grape

Posted by Yezzy99108 > 2024-05-24 11:08 | Report Abuse

this will not go down well since latest QR released. anticipate more selling down next week

Posted by owaraiMON > 2024-05-24 11:10 | Report Abuse

when price went down he dare ask ppl to not scare n continue fight for no reason, noobie also set CL, whoever paid 100 better get refund , say •SO WHAT• back to him

Posted by diuleiloumei > 2024-05-24 11:23 | Report Abuse

awaiting otb comment, but seems he oledi on leave until next quarter

Posted by idkdontaskmelol > 2024-05-24 11:27 | Report Abuse

@diuleiloumei he oredi give sell call to his members. I know cuz im one of them

Posted by Hotstuff > 2024-05-24 11:29 |

Post removed.Why?

Posted by Johnchew5 > 2024-05-24 11:39 |

Post removed.Why?

Posted by Johnchew5 > 2024-05-24 11:41 |

Post removed.Why?

Posted by Johnchew5 > 2024-05-24 11:43 | Report Abuse

Tut Tut recruitment at least 4 times : 



1.) Red Sea Pirates troop 



2.) Green Troopers 



3.) Tech Troopers ( recent few months ago ) 



4.) New listed stocks members recruitment ..

Posted by Johnchew5 > 2024-05-24 11:44 |

Post removed.Why?

Posted by Johnchew5 > 2024-05-24 11:49 |

Post removed.Why?

Posted by PresidentLOL > 2024-05-24 11:51 | Report Abuse

Tut tut need attend english class to improve his grammar to sound more convincing.

Posted by EatCoconutCanWin > 2024-05-24 11:57 | Report Abuse

No AI in Malaysia. Our country not ready for it and no way we can do.

Posted by MrFox > 2024-05-24 11:59 | Report Abuse

dun talk nonsense here!!!
many banks and institutions are now using copilot!!!

Posted by MrFox > 2024-05-24 12:02 | Report Abuse

paktua73@@@@
what abt jaks?????
haha

Posted by ValueInvestor888 > 2024-05-24 12:09 | Report Abuse

small fluctuations in profit for power company is commonlah. YTLP is bet for data centre besides money printing power assets in singapore, jordan and Indonesia.

YTLP is now a growth stock and it is good they keep cash for expansion and reduce borrowing which will bring down interest expense.

Posted by Goldberg > 2024-05-24 12:12 | Report Abuse

YTL Power - AI-DC Game Plan Still on Track; Reiterate BUY


Source : RHB-OSK
Stock : YTLPOWR
Price Target : 6.68
Price Call : BUY




Keep BUY and new MYR6.68 TP from MYR4.69, 24% upside, c.2% FY25F (Jun) yield. The earnings moderation for YTL PowerSeraya in 3QFY24 is largely anticipated due to weaker pool prices and lower retail margins. Moving forward, such earnings moderation will be largely anchored by Wessex Water’s earnings recovery. We remain positive over its long-term earnings potential from AI-DC development, and the near-term catalyst will be the conclusion of the offtaker for its first 20MW (out of 100MW) AI-DC.

Within expectations. 9MFY24 core profit of MYR2.5bn (+1.5x YoY) came within expectations at 78% and 80% of ours and Street’s full-year estimates. First interim DPS of 3sen was declared (3QFY23: 2.5sen).

3QFY24 core profit up 31% YoY to MYR696m on stronger power generation (+5% YoY; from lower interest costs and a stronger SGD despite lower pool prices), masking softer numbers from Wessex Water and widened losses from the telco arm. QoQ, 3Q24 core earnings fell 16%, largely due to lower pool prices and retail margins for power generation segment.

Outlook. The earnings moderation for PowerSeraya in 3QFY24 is largely anticipated due to weaker pool prices and lower retail margins. We reckon such earnings normalisation will happen gradually in FY25 and FY26 as retail contracts still accounted for more than 70% of the output. Meanwhile, management is still in discussions to lock on offtakers for its first 100MW Phase 1 AI-DC and we understand YTLP is in advanced discussions with potential clients for a possible 20MW portion. Management remains confident to kick-start a major part of the project in 12 months. YTLP is also considering leasing the remaining 16MW (out of the 48MW) of its conventional DC to an AI player or allowing YTLComms to convert into AI DC with H100 servers.

As seen in its recent results, Wessex Water’s numbers may remain affected by accounting anomalies/additional finance costs from index-linked bonds, which have no cash impact. However, we expect it to recover more meaningfully in FY25F, backed by annual tariff adjustments. Wessex Water also submitted its 5-year business proposal (2025-2030) to the water services regulation authority (Ofwat), including a higher return and capex allocation. The outcome is likely to be known by end of the year.

We raise FY25F-26F earnings by 5-16% after factoring earnings contribution from AI-DC and stronger recovery from Wessex Water. Our SOP-based TP is lifted to MYR6.68 from MYR4.69 as we impute a higher AI- DC valuation assuming 15x EV/EBITDA (from 12x previously; still below global peers’ average of 18x) with a 60% ramp up (from 20% ) in 100MW DC, USD3bn capex, and 14% IRR. We also applied a 2% ESG discount based on its 2.9 ESG score. Downside risks: Weaker-than-expected plant performance and higher-than-expected operating costs.
Source: RHB Research - 24 May 2024

Posted by MrFox > 2024-05-24 12:12 | Report Abuse

We are long distance travelers
Hiccups here n there dun ruffle us
We just enjoy the ride
To our destination

Posted by Johnchew5 > 2024-05-24 12:13 |

Post removed.Why?

Posted by Johnchew5 > 2024-05-24 12:15 |

Post removed.Why?

Posted by Goldberg > 2024-05-24 12:26 | Report Abuse

YTL Power International Berhad - Results Came in Within Expectations- TA
-------------------------------------------------------------------=

Source : TA
Stock : YTLPOWR
Price Target : 6.35 |
Price Call : BUY



Review
YTL Power International Berhad’s (YTLPOWR) 9MFY24 core profit of RM2.4bn (more than doubled YoY) came in within expectations at 77% of ours and 79% of consensus’ expectations.
QoQ: 3QFY24 core profit dropped 15.5% QoQ dragged by (i) lower pool prices and retail margin for Power Seraya and (ii) widening LBT at telecommunications segment driven by lower project revenue. This is despite narrower LBT at Wessex water from lower interest accruals on index-linked bonds and higher interest income from shareholder loans at Attarat Power.
YoY: 3QFY24 core earnings surged 32.5% YoY on the back of lower interest expense following loan repayments at Power Seraya and higher shareholder loan interest income from Attarat Power.
YTD: 9MFY24 core profit more than doubled YoY primarily supported by the exceptional performance in Power Seraya from better margins and strengthening of SGD against MYR.
Impact

No change to our earnings forecasts.

Outlook
Power Generation: We expect weaker performance in the segment by FY25 as retail electricity contracts with higher tariffs and favourable hedges for natural gas gradually expire. Nonetheless, the segment is expected to remain as the major profit contributor in the coming quarters.

Water and Sewerage: The segment is expected to register narrower losses moving forward as cost and inflationary pressure eases. The group has submitted its business plan for 2025-2030 to Ofwat in October 2023. Water tariff adjustment, if approved, will be announced by the end of 2024. The segment is expected to turnaround from FY25 onwards.
Telecommunications: The segment is unlikely to turn to PBT yet in the near term. Potential growth will be from AI cloud computing services which will be provided by 60%-owned YTL Communications. AI cloud computing’s demand is surging globally. The group allocated 100MW of its 500MW Green Data Centre for AI cloud computing, but may increase the allocation depending on demand.

Investment Holdings: We are upbeat on YTLPOWR’s 500MW Green Data Centre project. Of note, its phase I 48MW IT Load Hyperscale Data Centre already has Sea Limited as its anchor (taking up 32MW). 8MW has already commenced around mid-May, with 8MW scheduled to be taken up each year. We expect the Data centre to make losses in 4QFY24 due to depreciation expenses. Overall, we do not expect data centre contribution to be significant yet in the near term but will be an important earnings driver once scaled up.
Valuation
We roll forward our base year of valuation and raise our TP for YTLPOWR to RM6.35/share (previous: RM4.48/share) based on SOP valuation. Maintain Buy recommendation.

Source: TA Research - 24 May 2024

Posted by HumptyDumpty > 2024-05-24 12:30 | Report Abuse

Nah it's friday , plus war scare from China, come monday , we will see reboucne or even before end of day would tighten 4-5% loss.

Posted by Plantermen > 2024-05-24 12:38 | Report Abuse

Pullb

Posted by Plantermen > 2024-05-24 12:39 | Report Abuse

Pullback is natural after the recent uptick in share prices

Posted by newbie4444 > 2024-05-24 13:00 | Report Abuse

YTL Power QR sales and profit down QOQ why consider good QR? Please teach newbie. Maybank QR is sales, profit up QOQ so consider good?

Posted by cwc1981 > 2024-05-24 13:20 | Report Abuse

Depend how you see it many ppl prefer it is a good result.haha

Posted by NickelLee > 2024-05-24 13:29 | Report Abuse

Keep Calm & Think (The Art of Doing Nothing... Recklessly)

The market has turned, with the KLCI sliding by -10pts to 1,619. The major drags were YTL Power and YTL Corp. Both market darlings fell by -8.2% and -5.4%, respectively, after reporting results that failed to meet investors' high expectations.

Let's put things into perspective.

Firstly, the results are not as dire as they seem. Yes, YTL Power's 3Q24 headline net profit contracted by 17.3%, from RM845.1 million in 2Q24 to RM698.7 million. But let’s look at this relatively:

Analysts estimate YTL Power's net profit for FY2024 to be around RM3,000 million. For the last three quarters, YTL Power has already secured 80% of this target, needing only another RM600 million. Even if the company makes no changes from April to June (4Q24), they will still exceed analysts' forecasts by RM100 million.

In fact, YTL Power is recovering lost ground at Wessex Water, which could break even in the next quarter. The water and sewerage business incurred a loss of (RM51.23 million) in 3Q24 and (RM155.5 million) for 9M/FY24. If this position reverses and breaks even, it will instantly plug a RM200 million gap.

Pricing & Valuation: At its all-time high of RM5.47 per share, YTL Power's annualized FY24 PER is only 14.5x, compared to TNB's valuation of 26x. Isn’t that cheaper? Considering YTL Power's geographic and segmental diversity, along with its management's track record in delivering long-term concession cash flows and foresight. After all, YTL Power is undisputedly the first mover in the industry that brought Hyper-Scale Data Centres into Malaysia.

Stay Calm and Think Before Acting Recklessly

In a bull market like this, sellers beware. You might not be able to repurchase a good stock at low prices after selling it, as the bull market can be unforgiving. Every fall in share price is an opportunity to buy.

Posted by dragon328 > 2024-05-24 14:23 | Report Abuse

@Nickellee, well said.

In fact, I purposely release my article early yesterday to give enough hint on what to expect from Q3, but unfortunately the market has still over-reacted to one quarter of weak results.

Anyway, these short term traders and short-sighted retailers are selling their tickets to the foreign funds, as indicated by Macquarie analyst at noon, who called it a buying opportunity you have been waiting for with 50% upside to its target price of RM7.30.