Posted by raymondroy > 2024-05-27 19:20 | Report Abuse

re-rating by CGS ....

https://www.businesstoday.com.my/2024/05/27/profit-decline-signals-need-for-ytl-power-international-to-take-a-breather/

Posted by redhotpepper > 2024-05-27 20:06 | Report Abuse

Momentum dwafted
https://www.businesstoday.com.my/2024/05/27/profit-decline-signals-need-for-ytl-power-international-to-take-a-breather/

Posted by redhotpepper > 2024-05-27 20:13 | Report Abuse

Thank you @dragon and @cgtan

Posted by 2721 > 2024-05-27 20:34 | Report Abuse

Suspension tomorrow

Posted by 2721 > 2024-05-27 20:35 | Report Abuse

Hope good news is coming =)

Posted by Goldberg > 2024-05-27 20:44 | Report Abuse

YTL POWER INTERNATIONAL BHD

Kindly be advised that in conjunction with Ranhill Utilities Berhad’s request for suspension, trading in the securities relating to YTLPOWR will be suspended with effect from 9.00 a.m., Tuesday, 28 May 2024.


Announcement Info
Company Name YTL POWER INTERNATIONAL BHD
Stock Name YTLPOWR
Date Announced 27 May 2024
Category Listing Circular
Reference Number ILC-27052024-00030

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3450513

Posted by newbie_2018 > 2024-05-27 21:19 | Report Abuse

Is it related to YTL Power takeover Ranhill? What price will YTL Power pay?

Posted by raymondroy > 2024-05-27 21:42 | Report Abuse

if ytl power suspended, then ytl shd be suspended too as its 55% of ytlp? ....hopefully its good news for both and not just ranhill..... cud it be listing of ranhill energy? which was earlier nsaborted? .... sustension makes more suspense :-) peace

Posted by ltlim74 > 2024-05-27 22:15 | Report Abuse

https://theedgemalaysia.com/node/713184

Posted by probability > 2024-05-27 22:22 | Report Abuse

max 1.70...most likely 1.20

Posted by newbie_2018 > May 27, 2024 9:19 PM | Report Abuse

Is it related to YTL Power takeover Ranhill? What price will YTL Power pay?

Posted by newbie_2018 > 2024-05-27 22:25 | Report Abuse

If too low will Ranhill boss reject to sell then what will happen?

Posted by Agjl > 2024-05-27 22:25 | Report Abuse

Yes its related to ytlp offer for ranhill biggest shareholder

Posted by probability > 2024-05-27 22:26 | Report Abuse

all surely they have discussed before such announcement

Posted by Agjl > 2024-05-27 22:26 | Report Abuse

My feeling ranhil current price might have reflected the take over price as ranhil boss wanted to sell the stake previously ard 1.60 but not successful

Posted by Agjl > 2024-05-27 22:27 | Report Abuse

But again, our fren tan sri is known to be a shrewd negotiator and the take offer price might be lower tham 1.60. Just my 2 sen

Posted by Agjl > 2024-05-27 22:28 | Report Abuse

The question now is the take over of ranhill good for ytlp? Thats most important

Posted by probability > 2024-05-27 22:29 | Report Abuse

whatever it is....it only creates a stronger foundation to YTLP....utility is crucial for DC and future of AI

Posted by probability > 2024-05-27 22:30 | Report Abuse

YTLP is behaving like a super intelligent AI....the ultimate chess player

Posted by raymondroy > 2024-05-27 22:35 | Report Abuse

Agjl is right,,,,, wll it be good for ytlp? looking at malaysian MGO law, ytlp may have further acquired shares from smaller shareholders to trigger a MGO of which then they have to make an offer... the first block of 18% was acquired at only 58c not too long ago..... what a deal!!! in the making..... :-)

Posted by Agjl > 2024-05-27 22:35 | Report Abuse

Its natural to think that if one wan to build a data center one would want to have control of ots resources ie electricity and water which are the two easential for date center

Posted by Agjl > 2024-05-27 22:37 | Report Abuse

Whether the deal is good for ytlp or not all boils down to the offer price. Knowing our fren tan sri, he will not pay thru the nose considering the 18% he acquired way below 70 sen per share

Posted by Agjl > 2024-05-27 22:38 | Report Abuse

I foresee once suspension lifted ranhil price will shoot up and then retrace and ytlp price movement will depends on the take offer price and the mode of financing…may be share swaps as an options

Posted by probability > 2024-05-27 22:39 | Report Abuse

it may look expensive now say at 1.70...but in future with AI fast development, may look very prudent

Posted by Agjl > 2024-05-27 22:42 | Report Abuse

I reckon many will bw whacking ranhil tmrw once the suspension lifted. Cheers! Haha

Posted by Antifanaticracism > 2024-05-28 00:39 | Report Abuse

Taking over a utility company, that is brilliant

Posted by Apple888 > 2024-05-28 07:25 | Report Abuse

Ytl Power geng.
All money earned by ytl

Posted by mf > 2024-05-28 08:12 | Report Abuse

6742 YTLPOWR, YTL POWER INTERNATIONAL BHD - +
YTLPOWR - SUSPENSION OF TRADING
28 May 2024, 07:00
YTLPOWR - SUSPENSION OF TRADING
YTLPOWR - SUSPENSION OF TRADING
ILC-27052024-00030
Kindly be advised that in conjunction with Ranhill Utilities Berhad?s request
for suspension, trading in the securities relating to YTLPOWR will be suspended
with effect from 9.00 a.m., Tuesday, 28 May 2024.
VP, ISSUERS
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

Posted by OnTime > 2024-05-28 08:56 | Report Abuse

🙏🙏🙏

Posted by iscmob > 2024-05-28 09:09 | Report Abuse

HLIB Research report requested:

Even stronger years ahead
YTLP reported a strong core PATMI of RM723.9m for 3QFY24 (-14.9% QoQ, +51.5 YoY) and RM2.5bn for 9MFY24 (+160.4% YoY), within HLIB’s FY24 forecast (75%), but above consensus (80%), mainly driven by the sustained SG PowerSeraya contributions. We expect stronger 4QFY24 earnings, driven by turnaround of Wessex. Further earnings growth in FY25-26 will be driven by Wessex and DC/AI-DC. Management has guided good progress on the development of DC/AI-DC. Maintain BUY with a higher TP of RM7.45 (from RM5.55) based on 10% discount to FD SOP of RM8.26.

Within expectations.
YTLP reported core PATMI of RM723.9m in 3QFY24 (-14.9% QoQ, +51.5% YoY), further boosting 9MFY24 to RM2.5bn (+160.4% YoY). We deem the results within HLIB FY24 expectation (74.6%), but above consensus (80.3%), mainly driven by the sustained strong contribution from SG PowerSeraya. For 9MFY24, net EIs of -RM92.6m were mainly due to provisions, write-offs and impairments for inventories, receivables and PPEs.

Dividend.
Declared a first interim dividend of 3 sen/share (ex-date: 11 Jun 2024).

QoQ.
Core PATMI declined by -14.9% QoQ to RM723.9m, mainly due to lower SG PowerSeraya contribution on lower margins for both pool and retail markets as well as larger losses from YesCom on lower project revenue. UK Wessex remained in the red, affected by inflationary cost pressure, but is expected to turnaround next quarter. There was also ESOS expense of RM10m (non-cash) during the quarter.

YoY & YTD.
Core PATMI improved by +51.5% YoY and 160.4% YTD (to RM2.5bn), driven by the substantially stronger contribution from PowerSeraya (on improved retail price and margin) and maiden contribution from Attarat since 1QFY24, which were partially offset by losses from Wessex (on higher operating cost structure and finance costs due to inflationary pressures).

Outlook.
Given the recent heatwave phenomenon, we expect stronger demand for power and pool prices in Singapore, benefiting PowerSeraya in 4QFY24 (similar to the occurrence in 4QFY23). Attarat continued to deliver strong contributions of RM86m in 3QFY24. We expect Attarat’s earnings to gradually improve as the associate pares down external loans (RM5.7bn as of end FY23) over the next 8 years (until 2032). Wessex will be reporting a turnaround in 4QFY24 due to the effective 12% tariff hike in Apr-24 and the subsiding impact from UK’s inflationary index. Wessex is also due to enter into a new regulatory period (2025-2030), which will provide higher allowable returns with higher asset base. YesCom is commencing on Sabah projects, which will improve its P&L in the near term, while progressing on AI-DC (total 100MW), commencing in phases starting end-2024/early-2025. The construction of YTL-DC is also progressing on schedule, with phase 1 for Sea Limited commenced operations in May-2024. Another 2 DCs (total 100MW) are under construction and expected to complete by end-2024. Earnings from DC/AI-DC is expected to be substantial from FY25 onwards and the group has a strong advantage as NVidia’s preferred partner in Malaysia for AI-Could service provider vs other DC owners (difficult and costly to convert a conventional DC to an AI-DC infrastructure).

Forecast.
Raised forecasts for FY25 by 5.2% and FY26 by 16.4% as we incorporate earnings contribution from DC and AI DC.

Maintain BUY, TP: RM7.45.
We reiterate our BUY recommendation, with a higher TP: RM7.45 (from RM5.55), based on 10% discount to FD SOP: RM8.28, as we believe the current PE valuation remains undemanding (vs Tenaga and PGas) with potential dividend upside. Upcoming earnings will be further boosted by Wessex’s turnaround and maiden DC/AI-DC contributions.

Posted by Goldberg > 2024-05-28 09:11 | Report Abuse

Latest Report HL investment Bank

Maintain BUY, TP: RM7.45.


We reiterate our BUY recommendation, with a higher TP: RM7.45 (from RM5.55), based on 10% discount to FD SOP: RM8.28, as we believe the current PE valuation remains undemanding (vs Tenaga and PGas) with potential dividend upside. Upcoming earnings will be further boosted by Wessex’s turnaround and maiden DC/AI-DC contributions.

Posted by investor77 > 2024-05-28 09:45 | Report Abuse

Limit up for Ranhill if higher offer by YTLPower to increase its holding. ? Hopefully YTLPower also goes up. !!

Posted by newbie_2018 > 2024-05-28 09:55 | Report Abuse

Why both must gain if pay higher can tell newbie? Not win-lose if pay too high?

investor77

Limit up for Ranhill if higher offer by YTLPower to increase its holding. ? Hopefully YTLPower also goes up. !!

Posted by newbie_2018 > 2024-05-28 09:56 | Report Abuse

Heard Ranhill QR out yesterday. Is it worth paying RM 1.5-1.6?

Posted by newbie_2018 > 2024-05-28 10:02 | Report Abuse

If i3 member is Ah Yeo how will you negotiate?

Posted by GungHo123 > 2024-05-28 10:13 | Report Abuse

Ranhill's announcement requests suspension from 9:00 a.m. to 1:00 p.m. on Tuesday, 28 May 2024, pending the release of a material announcement.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3450540

Posted by Agjl > 2024-05-28 10:21 | Report Abuse

Ranhil latest q-q down 57%. Ytlp q-q down 17% and get bashed down. So, should investors bash down ranhil prce of apply the same principle? Obviously not! Haha bias! Cheers!

Posted by Mabel > 2024-05-28 11:09 | Report Abuse

*YTL Power stock skyrocketed over sixfold in two years: how to decode its earnings*

YTL Power has been one of the top-performing stocks in the Malaysian market over the past two years. In 2023, its share price jumped 268%, and by 2024, it nearly doubled again. In less than two years, YTL Power's stock surged over sixfold, with its market value briefly surpassing RM 40 billion.

What’s behind this remarkable growth?

Core business: YTL Power’s primary revenue and profit driver is its power generation business. YTL PowerSeraya, a subsidiary in Singapore is expected to increase the revenue of YTL Power’s Singapore operations, accounting for about 1.5% of Singapore's peak electricity demand.

Potential growth areas: These include the new electricity purchase from Malaysia by YTL PowerSeraya, the new waste-to-energy plant, the EV charging station project, and the highly anticipated data center project.

At the end of 2023, YTL Power announced a partnership with NVIDIA to invest RM 20 billion in building an AI data center in Johor, Malaysia. The facility, expected to house the fastest supercomputer in Malaysia by mid-2024, could start generating revenue by the end of 2024. Additionally, the company plans to develop a large-scale solar power facility with a capacity of up to 500MW to supply the data center, representing another potential growth area.

The booming AI industry heavily relies on significant computing power, underpinned by electricity. By leveraging its core strength in power generation, YTL Power is making a strategic shift towards green energy while tapping into the AI sector's growth, unlocking strong potential growth opportunities.

Financial risks: Currently, YTL Power maintains good profitability, keeping financial risks relatively under control. However, the expansion plans mentioned above, such as new power plants, require substantial capital investments. Currently, YTL Power's debt ratio is already high. The expansion of several future projects may further increase the debt ratio, raising financial risks. Therefore, in future financial reports, it's crucial to closely monitor YTL Power's financial risk levels. If the debt ratio rises significantly while net profit does not keep pace, it may be a cause for concern.

To Our Success !

Meow

Posted by GungHo123 > 2024-05-28 11:11 | Report Abuse

MULTIPLE PROPOSALS YTL POWER INTERNATIONAL BERHAD ("YTLPI" OR "COMPANY") (I) ACQUISITION; AND (II) UNCONDITIONAL MANDATORY TAKE-OVER OFFER ("MTO") (COLLECTIVELY REFERRED TO AS "TRANSACTIONS")
YTL POWER INTERNATIONAL BHD

On behalf of the Board of Directors of YTLPI, Maybank Investment Bank Berhad (“Maybank IB”) wishes to announce that SIPP Power, an indirect 70% owned subsidiary of YTLPI, had on 28 May 2024 entered into an unconditional share purchase agreement with Tan Sri Hamdan Mohamad, Hamdan Inc. (Labuan) Pte Ltd and Hamdan (L) Foundation (collectively, “Vendors”) (“SPA”) for the acquisition of 405,178,390 existing ordinary shares in Ranhill (“Ranhill Shares”) by SIPP Power from the Vendors, which represents approximately 31.42% equity interest in Ranhill, together with 2,025,891 Ranhill Shares to be issued pursuant to the share dividend of 0.5 Ranhill Shares for every 100 Ranhill Shares held on the entitlement date of 21 May 2024, for a total cash consideration of RM405,178,390 or effectively RM0.995 per Ranhill Share (“Acquisition”).
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3450649

Posted by mf > 2024-05-28 11:19 | Report Abuse

6742 YTLPOWR, YTL POWER INTERNATIONAL BHD - +
MULTIPLE PROPOSALS
28 May 2024, 10:59
MULTIPLE PROPOSALS
MULTIPLE PROPOSALS
YTL POWER INTERNATIONAL BERHAD ("YTLPI" OR "COMPANY")(I) ACQUISITION;
AND(II) UNCONDITIONAL MANDATORY TAKE-OVER OFFER ("MTO")(COLLECTIVELY REFERRED
TO AS "TRANSACTIONS")
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

Posted by 5354_ > 2024-05-28 11:37 | Report Abuse

If I am Francis Yeoh, I would rather sell all(or as much as possible) Ranhill yesterday rather than fight to take control. When Ranhill share drop(theoretically) YTL Power indirectly also lose.

Posted by OnTime > 2024-05-28 11:42 | Report Abuse

play the long game

Posted by Hotstuff > 2024-05-28 11:48 |

Post removed.Why?

Posted by Goldberg > 2024-05-28 11:52 | Report Abuse

Looks like Tan Sri Hamdan is cashing out and laughing all the way to the bank with a whopping RM405 million at RM0.95 per share for his 31.42% stake.

Good news for YTL Power as this deal will effectively take control of Ranhill at a reasonable price and control the water supply in Johore. All data centres need to approach YTLP for their water supply.

Posted by Agjl > 2024-05-28 11:53 | Report Abuse

Anouncemeny is out! As i have mentioned last night, Tan Sri Francis will not pay thru his nose and Francis os a shrewd investor that he place interest in his shareholders and the board.. it RM0.995/ share offer price for ranhill. The price now for ranhill is above 1.50. Later reopen up or down take a guess. Peace and cheers!

Posted by Agjl > 2024-05-28 11:55 | Report Abuse

Ytlp now will have another avenue for revenue. On surface, it looks positive on ytlp

Posted by 2721 > 2024-05-28 12:09 | Report Abuse

Not even rm1, huge discount wor

Posted by iscmob > 2024-05-28 12:34 | Report Abuse

https://www.businesstoday.com.my/2024/05/28/ytl-power-to-acquire-31-stake-in-ranhill-for-rm405-million/

Posted by Mabel > 2024-05-28 13:00 | Report Abuse

Wow our Prince YTL Power is turning into Bruce Lee...

Be like water ....my friends....

Meow Meow Meow

Posted by raymondroy > 2024-05-28 13:05 | Report Abuse

it is interesting to note that the entity undertaking the MTO is a company called SIPP or SIPP Power, in which YTLP has 70% interest, well who then owns the remaining 30% ?? My initial checks says HRH sultan of johor, but seems not directly at least, then this name appears Daing A Malek Daing A Rahaman, a proxy perhaps? ..... and SIPP today with YTL has multiple projects from the buying of the Kulai land to ERL project..... anything to do in Johor, YTL partners SIPP.... what a symbiotic relationship :-) peace

Posted by Mabel > 2024-05-28 13:13 | Report Abuse

Wow Good information raymond...

Meow Meow Meow