Posted by Apple888 > 2024-06-24 08:55 | Report Abuse

Rmx.xx???
Rm7.50?...hehe

Posted by JustinX78 > 2024-06-24 13:44 | Report Abuse

Rumors say Kinergy Advancement (KAB) is venturing into solar power, floating solar, battery storage, waste heat recovery, and waste-to-energy projects and is making a major expansion in Kedah ! This probably will be the next significant step for their growth. Worth to look into it 🙂

Posted by higHChloride > 2024-06-24 15:09 | Report Abuse

can monitor Systech too.. as there is rumor say that they are building an AI data center...

Posted by CapitalCraftsman > 2024-06-24 19:06 | Report Abuse

Foreign capital withdrawal ?

Posted by raymondroy > 2024-06-24 19:59 | Report Abuse

interesting to see when prices go lower.... could it be a sign for late comers to join in? could it be a sign .... of loss of steam? could it be a sign of loss of fundamentals? or could it just be a breather before the big push...... i still recall the prive hovered in similar stance from 3.76 to 4.00 with teasers to 4.16..... similar is happening now but at a dollar higher :-) happy hunting

Posted by Apple888 > 2024-06-25 08:49 | Report Abuse

Yest down not looking good

Posted by sexy > 2024-06-25 09:18 | Report Abuse

I'm planning to convert my kedai runcit into a 1MW AI data center..

Posted by sexy > 2024-06-25 09:29 | Report Abuse

This scenario is to explore if anyone can build a mini AI data center.

Posted by sexy > 2024-06-25 09:31 | Report Abuse

So will need to build a frozen food freezer to store the servers, install solar panel on the rooftop. Can subscribe to a high speed plan from YTL Yes.

Posted by sexy > 2024-06-25 09:34 | Report Abuse

Lastly need to discuss with i3investor to take up the 1MW AI data center..

Posted by OTB > 2024-06-25 09:38 | Report Abuse

A correction in KLSE is considered as a friend, this friend will bring in more wealth to you if you take the correct action.
Do not fear about correction, buy on weakness on YTLPower.

Please buy good fundamental stocks only ... I repeat ... invest in good fundamental stocks only.
Good luck.
Thank you.

Posted by Agjl > 2024-06-25 10:25 | Report Abuse

Singapore now is FOMO on steroids in regards to data center. Previously sing goment put a monotorium of no more data center from 2019-2022. Seeing msia, thailand and indo attracted mnc like nvidia microsoft byedance, sing kiasu DNA kicks in instantly. The goment just express its intention to beef up its data center and wana be the top data center in south east asia. Conclusion, more data center in sing will use more power! And power come from….?? One must always take the market correction as the oportunity to enrich one’s wealth…cheers!!

Posted by messi88 > 2024-06-25 12:14 | Report Abuse

energy is like GOLD now

Posted by 2721 > 2024-06-25 12:15 | Report Abuse

Finally got chance to sapu

Posted by newbie9893 > 2024-06-25 12:25 | Report Abuse

Support broken, do not catch the falling knife

Posted by Apple888 > 2024-06-25 12:32 | Report Abuse

Wahlaooo...drop to 4.66
Whole market also drop crazy

Posted by cheated > 2024-06-25 12:33 | Report Abuse

Why RM 4.66 not RM 6.3?

Posted by cheated > 2024-06-25 12:34 | Report Abuse

YTL down 15 sen.

Posted by Luen07 > 2024-06-25 13:14 | Report Abuse

Lai lai. Ytlp. Rm6. 5.

Posted by Cakes Moon > 2024-06-25 13:19 | Report Abuse

Please drop more, I just loaded with some put warrant to bet big big on this downfall~

Posted by Philip Ming > 2024-06-25 13:35 | Report Abuse

Finally, my chance to add position for YTL and YTLP before the next flight.

Posted by ChloeTai > 2024-06-25 13:47 | Report Abuse

I have checked the list of shares owned by BlackRock. It does not own any YTLPOWER shares. Then, who is selling down YTLPOWER shares so sharply?

Posted by Sue1234 > 2024-06-25 13:49 | Report Abuse

why you so confident to YTLP share, Philip Ming ?

Posted by Philip Ming > 2024-06-25 14:01 | Report Abuse

@Sue1234, because of its good fundamentals to date and future prospect. YTLP's ventures in utilities, digital banking, data centres, property development are all critical for the next years to come. I believe once the data centre's earnings are factored in future financial quarters & years, the earnings would increase significantly. Utilities sector is also a somewhat defensive investment choice in an uncertain market.

Posted by newbie9893 > 2024-06-25 14:08 | Report Abuse

time to hook YTL & YTLPOWER?

Posted by NatsukoMishima > 2024-06-25 14:14 | Report Abuse

Cakes Moon

6,859 posts

Posted by Cakes Moon > 50 minutes ago | Report Abuse

Please drop more, I just loaded with some put warrant to bet big big on this downfall~
________
U will 100% get burn n lose n lose your underwear if u dare to fight the AI , DC trend !

Posted by myloh123 > 2024-06-25 14:19 | Report Abuse

High nvr sell, dropped takut ...haaih...any clever chart reader's comments ???

Posted by myloh123 > 2024-06-25 14:19 | Report Abuse

Unusual drop...middle east tension quivers ???

Posted by raymondroy > 2024-06-25 14:28 | Report Abuse

https://theedgemalaysia.com/node/716663 ..... some cheer-up news :-) peace

Posted by 2721 > 2024-06-25 14:38 | Report Abuse

Congrats who manage to sapu low low =)

Posted by ValueInvestor888 > 2024-06-25 14:55 | Report Abuse

another round of flushing...
AT PE of 11, current price still attractive for YTLP

Posted by Aero1 > 2024-06-25 15:44 | Report Abuse

Jan Feb Mar Apr May
2024 107.7 135.7 235.1 288.7 240.9

USEP looking good!

Posted by yewnamhung > 2024-06-25 16:16 | Report Abuse

CGS also has a 'hold' recommendation for YTL Corp Bhd (KL:YTL), with a TP of RM3.88, and a 'hold' on its associate YTL Power International Bhd (KL:YTLPOWR) (TP: RM5.50), which has a 500MW green data centre park in Johor that will come on stream in 2024, and which has partnered Nvidia Corp.

Posted by raymondroy > 2024-06-25 16:23 | Report Abuse

Thx for the data @Aero1 ..... and to add on Oct-Dec 2023 : 221.3 177.7 131.4 ..... which means Apr-June 2024 will be better (assuming May price extrapolates to June) than Oct-Dec23 and Jan-Mar24 .... BRAVO :-)

Posted by Alex Chua > 2024-06-25 16:48 | Report Abuse

Ppl scare over supply and margin erosion like glove?

Posted by DevOpsEngineer > 2024-06-25 16:59 | Report Abuse

Nviada stock crash down so it affect data center related stock..
Nviada hv run up 700% this year. It is a healthy price correction.

Apple was $1500. After 10 to 1 share split. Share price drop to $100.

I guess , it will be same for Nvidia. Max price should be 1500. After share split, it will go down to 100 or 90..

Usually, after announced share split, most big fund will start to sell to retail...
Fool retail will help to hold the high price for 5 years.

Apple share is a good case study.

Posted by DevOpsEngineer > 2024-06-25 17:03 | Report Abuse

I believe YTL P will do share split too. May be 3 to 1 to make share price feel cheaper ...good time to sell is when share split.

Posted by DevOpsEngineer > 2024-06-25 17:07 | Report Abuse

Possible drop to RM4 if nviada drop to $100 in the next few weeks but never drop to 3 again.

Posted by Yezzy99108 > 2024-06-25 17:33 | Report Abuse

bursa exchange have plummet below 1600 after scaling new heights in 2024.
Perhaps punching above its weight against the regional peers :(

Posted by ValueInvestor888 > 2024-06-25 18:48 | Report Abuse

Nvidia dropped by about 11% last 3 trading days as at yesterday, with forward PE around 45, current PE is around 68. Currently Nvidia rebounded 2.5% pre-mkt...

YTLP also drops around 8% last 3 trading days(as at today) with PE around 11.

YTLP is better bet than Nvidia as it not only has AI data centre and related collaboration with Nvidia, its power business is printing money every day giving profit of RM 1b per year. Current PE of 11 is from power business. YTLP have yet to include revenue from 500MT data centre which will mostly be A1 related. I have some Nvidia and SMCI...

Posted by dragon328 > 2024-06-25 20:42 | Report Abuse

@ValueInvestor888, the power business of YTl Power is printing money everyday giving profit of RM3.2 billion a year (from PowerSeraya RM2.8b + Jawa/Jordan Power RM400m+).

Wessex Waters is going to turn around as soon as this coming Q4, and may turn in profit of RM150 million in FY2025 increasing to RM700 million by FY2030.

This has not included future earnings contribution from UK Brabazon property business, KL WTE plant project, colocation data centre business, AI data centre business, Yes 5G turning around and digital bank JV, and PowerSeraya's new 600MW hydrogen-ready CCGT in 2028 etc.

Posted by dragon328 > 2024-06-25 20:54 | Report Abuse

The selling yesterday and today was apparently carried out by some foreign funds trying to lock in profits as they bought into YTL Power since early Jan from RM2.50 level up. It might be prompted by share price correction of Nvidia in past 3 days (a drop of 13%) along with other AI related stocks like Super Micron and AMD. Certain investors are concerned with the waning interests in the current AI rally, but the consensus view is for the AI boom to last for another 1.5-2.0 years.

In any event, for YTL Power, the AI data centre jobs have already been locked in and earnings are set to come in next 3-4 years for AI data centres and 7-9 years for colocation data centres (with SEA and others), so the current concern on AI boom only affects the sentiment and not the fundamentals of YTL Power.

Anyway, YTL Power's share price currently only reflects the earnings from its utility businesses (power, water and telco), i.e. net profit of RM3.2b or EPS of 40 sen is currently contributed by the utility business, nothing from the AI data centre yet.

Striping out the AI part, YTL Power is still the cheapest utility stock in Bursa with PER of just 11.5x, dropping to 10x in FY2025. Tenaga is trading at how much PER?? I have lost track after its share price rallies some 40% in past 2 months.

Posted by redhotpepper > 2024-06-25 22:53 | Report Abuse

Thanks @dragon328 for the useful info

Posted by fx115w > 2024-06-25 23:04 | Report Abuse

DC for SEA has been completed & energised since last month, rental should be pouring in very soon. AI DC for Nvidia is under construction & as well as for M* is on-going. Last chance to grab cheap tickets.

Posted by troy88 > 2024-06-26 10:19 | Report Abuse

Many good AI related stocks got oversold the past few days following Nvidia correction. Those who cabut and panic sold will be regretting later this year when Nvidia becomes a 4 trillion company.

Posted by Pinky > 2024-06-26 11:28 | Report Abuse

Utility stock with <2.0% dividend yield... 🙄

Posted by dragon328 > 2024-06-26 11:29 | Report Abuse

Selling yesterday on YTL Power was done by some local institutional funds while foreign funds and local retailers became net buyers.

Guess it is normal for certain funds and retailers to just jump in and out as the share price has rallied a lot in past few months but valuation is still very cheap at 11x PER. So some cautious and early investors may choose to lock in some profits but are not completely out of this stock as they still see upsides in coming months.

Posted by newbie9893 > 2024-06-26 11:44 | Report Abuse

YTLPOWER might break 4.00 today & then continue move up to new high tomolo

Posted by 2721 > 2024-06-26 13:25 | Report Abuse

Lol..rm4 or rm5? I no money to sapu at rm4 ady..

Posted by dragon328 > 2024-06-26 15:00 | Report Abuse

Checks on the ground indicate that the electricity retail margin continues to be strong in Singapore as USEP is back to levels well above the vesting contract price of S$210/MWh. It is likely for USEP and retail margin to stay elevated for next 2 years as supply has been tight from unit downtime for maintenance and old generating plants trip off more often and gradually get retired.

The electricity demand will get even stronger as Singapore government announced recently to increase data centre capacity by 300MW or around 30% in the near term. That will put great pressure on the reserve margin which is already close to the minimum margin of 27%.

Based on Singapore EMA's projection, there will be more than 1,000MW of old generating capacities to be retired over the next 5 years, that is almost 20% of Singapore's existing effective capacity.

YTL PowerSeraya's LinkedIn page shows that PowerSeraya has fully decommissioned some of their old steam plants and this will make way for the new 600MW hydrogen-ready CCGT to come in by end 2027.