Posted by FAInvestor > 1 month ago | Report Abuse

Ironically foreign funds are selling YTLP and local funds accumulating.

Posted by MyWay > 1 month ago | Report Abuse

Here’s how Nvidia stock is expected to react after Q2 earnings - poll
Nvidia
reported earnings after the bell that beat Wall Street expectations, and provided stronger-than-expected guidance for the current quarter.

Nvidia shares fell 8% in extended trading.

Here is how the company did versus LSEG consensus expectations:

Earnings per share: 68 cents adjusted vs. 64 cents expected
Revenue: $30.04 billion vs. $28.7 billion expected
Nvidia said it expects about $32.5 billion in current-quarter revenue, versus $31.7 billion expected by analysts, according to StreetAccount. That would be an increase of 80% from a year earlier.

Revenue continues to surge at the chipmaker, rising 122% on an annual basis during the quarter, following three straight periods of year-over-year growth in excess of 200%.

Net income more than doubled to $16.6 billion, or 67 cents per share, in the quarter, from $6.18 billion, or 25 cents per share, in the year-ago period.

Nvidia has been the primary beneficiary of the ongoing artificial intelligence boom. Nvidia shares are up more than 150% this year after soaring almost 240% in 2023. Its market cap recently eclipsed $3 trillion, and Nvidia was briefly the most valuable public company in the world, though it is now second to Apple.

Revenue in Nvidia’s data center business, which includes its AI processors, climbed 154% from a year earlier to $26.3 billion, accounting for 88% of total sales. It also topped StreetAccount expectations of $25.24 billion.

Not all of those sales are AI chips. Nvidia said Wednesday that $3.7 billion in revenue came from the company’s networking products.

Much of its business is targeted at a handful of cloud service providers and consumer internet companies including Microsoft, Alphabet, Meta and Tesla. Nvidia’s chips, such as the H100 and H200, are used in the vast majority of generative AI applications, such as OpenAI’s ChatGPT.

Many customers are waiting for Nvidia’s next-generation AI chip, called Blackwell. Nvidia said it shipped samples of Blackwell chips during the quarter, and made a change to the product to make it more efficient to manufacture.

“In the fourth quarter, we expect to ship several billion dollars in Blackwell revenue,” Nvidia Chief Financial Officer Colette Kress said on a call with analysts.

“The change to the mask is complete. There were no functional changes necessary,” Nvidia CEO Jensen Huang said on the call.

“When I said start production in Q4, I mean shipping out. I don’t mean starting to ship,” he continued.

However, Nvidia said it expected the current-generation chip, called Hopper, to increase total shipments for the next two quarters, as opposed to taper off.

“Hopper demand remains strong, and the anticipation for Blackwell is incredible,” said Huang in the press release. Nvidia noted that supply for Hopper is becoming more available while Blackwell is still in short supply.

Nvidia said its gross margin slipped in the quarter to 75.1% from 78.4% in the prior period, though it is still up from 70.1% a year ago. For the full year, the company said it expects gross margins to be in the “mid-70% range.” Analysts were expecting a full-year margin of 76.4%, according to StreetAccount.

Nvidia’s gaming business used to be the company’s primary focus before the data center took off. Gaming revenue increased 16% from a year ago to $2.9 billion, beating StreetAccount’s estimate of $2.7 billion. The company said it was partially due to increased PC gaming card shipments as well as “game console SOCs.” Nvidia provides chips for Nintendo’s consoles.

Nvidia also makes chips for high-end graphic designers as well as cars and robots. The company’s professional visualization business rose 20% and reported $454 million in revenue. Nvidia reported $346 million in automotive and robotics revenue, versus StreetAccount expectations of $344.7 million.

Nvidia also said it approved $50 billion in additional share buybacks.

Posted by Johnchew5 > 1 month ago |

Post removed.Why?

Posted by Johnchew5 > 1 month ago | Report Abuse

YTLpower QR ended June 2024 :

1.) YTL Kulai 500 MW Green Data Center Park :

Only mentioned Sea Limited as in QR ended March 2024 . The only Anchor Tenant/ customer since 2022 . No other Tenant .

👉Did not mention the Partnership with Nvidia DC progress same as in Last QR ??

2.) Referred QR ended March 2024 :

PowerSeraya n TNB Genco entered into an arrangement to export n import 100 MW of electricity to Singapore via the newly upgraded interconnector between the 2 countries..

👉No update of any progress in QR ended June 2024 ??

Posted by Mabel > 1 month ago | Report Abuse

NVIDIA (NASDAQ: NVDA) reported record quarterly revenue of $30.0 billion for the second quarter ended July 28, 2024. This represents a 15% increase from the previous quarter and an impressive 122% growth compared to the same period last year. Here are the key highlights:

• GAAP earnings per diluted share: $0.67 (up 12% from the previous quarter and up 168% from a year ago).
• Non-GAAP earnings per diluted share: $0.68 (up 11% from the previous quarter and up 152% from a year ago).
• Data Center revenue: A whopping $26.3 billion, up 16% from Q1 and a remarkable 154% increase from a year ago.
• NVIDIA’s CEO, Jensen Huang, emphasized the strong demand for their products, particularly in data centers and AI applications.

Additionally, NVIDIA declared a quarterly cash dividend of $0.01 per share, payable on October 3, 2024, to shareholders of record as of September 12, 2024. The company also completed a ten-for-one forward stock split on June 7, 2024.

Looking ahead, NVIDIA’s outlook for the third quarter of fiscal 2025 is optimistic, with expected revenue of $32.5 billion, plus or minus 2%

Let see if YTLP got Power today...

Meow Meow Meow

Posted by CharlesT > 1 month ago | Report Abuse

Are u going to drop more?

Posted by Mabel > 1 month ago | Report Abuse

Some investors took the opportunity to lock in profits. NVIDIA’s stock had surged significantly year-to-date, and a pullback was expected as investors cashed in on gains.

The broader market sentiment can impact individual stocks. If there’s overall uncertainty or negative sentiment, even good earnings results might not prevent a stock from falling.

Remember that stock prices are influenced by a complex interplay of factors, and short-term movements can be volatile. Long-term investors often focus on the company’s fundamentals and growth prospects.

Posted by Mabel > 1 month ago | Report Abuse

Nancy Pelosi remains one of the most followed members of Congress when it comes to the disclosure of stock and options trades.

The former House speaker disclosed the purchase of more NVIDIA Corporation (NASDAQ:NVDA) shares in July..

What Happened: Pelosi disclosed two stock trading positions during the week, with the purchase of additional Nvidia shares and the sale of a portion of Microsoft Corporation (NASDAQ:MSFT) shares owned, as reported by Benzinga's Government Trades page.

Pelosi, a Democratic congresswoman from California, disclosed buying $1 million to $5 million in Nvidia shares with the subject line stating that 10,000 shares were purchased. The trade was made on July 26. Pelosi's disclosed trades are made by her husband Paul Pelosi, who is a venture capitalist.

Mabel Pelosi..

Posted by Mabel > 1 month ago | Report Abuse

YTL Power International Berhad (KLSE: YTLPOWR) has shown resilience and growth potential.

Recent Performance: YTL Power recently reported strong annual numbers, beating expectations with revenues of RM22 billion (2.0% ahead of forecasts). Statutory earnings per share (EPS) were RM0.42 (6.6% ahead of estimates).

Analyst Forecasts: The consensus forecast from YTL Power’s 13 analysts’ projects revenues of RM23.0 billion in 2025, reflecting a 2.8% improvement compared to the last 12 months. Statutory EPS is expected to reduce slightly to RM0.39 in the same period.

Price Target: The consensus price target fell 5.3% to RM5.74. Analysts’ views vary, with the most optimistic target at RM7.30 per share and the most pessimistic at RM4.00.

Industry Context: YTL Power’s revenue growth is expected to slow down (2.8% annualized) compared to its historical growth rate of 19% over the past five years. Other industry participants are forecasted to grow revenue at 5.1% per year.

Strategic Moves: YTL Power’s increased stake in Ranhill Utilities Bhd is expected to strengthen its position in the Malaysian utilities space, contributing to long-term earnings growth.

In summary, while near-term challenges exist, YTL Power’s strategic moves and industry positioning suggest positive long-term prospects.

Meow

Posted by iscmob > 1 month ago | Report Abuse

We can't tame how Mr. Market reacts or responses. But we can learn from him and better our skills in investing.

Posted by tim09 > 1 month ago | Report Abuse

This selloff is so abnormal

Posted by Johnchew5 > 1 month ago |

Post removed.Why?

Posted by klee > 1 month ago | Report Abuse

Cat has unlimited bullets like calvintaneng lol

Posted by Vincent8864 > 1 month ago | Report Abuse

Weighted moving average 50 days line crossing 200 days line. Death cross ☠️.

Posted by ken2004 > 1 month ago | Report Abuse

Actually NVIDIA beat estimates but just that too high expectation, so in reality is this really bad news lol, so maybe just can said the bad news is just overprice?

Posted by eastern_joy > 1 month ago | Report Abuse

Pushing downwards train back to RM1 or below ?

Posted by chamlo > 1 month ago | Report Abuse

OTB and dragon328 sifu where are they lately? Why go hiding?

Posted by TomYam > 1 month ago | Report Abuse

The regulated Electricity tariffs trended upwards from 2020 to the beginning of 2H 2022 before trending downwards. Overall, the regulated Electricity tariffs decreased by 6.0% from an average of 30.0 cents per kWh in 2H 2022 to an average of 28.2 cents per kWh in 1H 2023. A similar downward trend was observed for the General Town Gas tariffs.
EMA | SES Chapter 5: Energy Prices
www.ema.gov.sg/resources/singapore-energy-statistics/chapter5
www.ema.gov.sg/resources/singapore-energy-statistics/chapter5

Posted by Vincent8864 > 1 month ago | Report Abuse

Email sent to Lion Group for further action:

Hi Sir / Madam:

I hope this message finds you well.

I wanted to bring to your immediate attention that there has been a post on the i3 Investor Forum (A public forum) containing inflammatory and potentially damaging information about Amsteel (A Lion Company) The content of this post appears to be aimed at tarnishing the company’s reputation and could potentially mislead investors or the public.

Given the seriousness of this situation, I recommend a prompt review of the post and consideration of the appropriate course of action to address this matter including reporting this case to Malaysia MCMC and Police.

Sample of this person's posting

https://klse.i3investor.com/web/cube/profile/Vincent9864

Posted by TomYam > 1 month ago | Report Abuse

https://www.straitstimes.com/singapore/new-hydrogen-ready-power-plant-to-be-built-by-2026-as-s-pore-seeks-greener-energy-generators

Posted by Alex Chua > 1 month ago | Report Abuse

https://www.kdebwm.com/media-room/articles/council-explains-processes-before-rawang-incinerat/

Posted by iscmob > 1 month ago | Report Abuse

Blackwell is still on time lah.
https://youtu.be/NC5NZPrxbHk?si=VWrps6cnSPpUL-Ql

Posted by dragon328 > 1 month ago | Report Abuse

I think the selldown on YTL Power in past few days is mainly due to selling of short term traders after the Q4 result announcement and speculative short selling activities. There is nothing change in the fundamentals of the company with continued strong earnings expected from PowerSeraya and explosive earnings contribution from AI data centres next year.

Despite the record profits achieved by YTL Power in FY2024, naysayers and short sellers can always find excuses to play down the strong earnings. They keep on saying that PowerSeraya earnings will tank in the future but have again proven wrong in this Q4 FY2024. I expect them to be proven wrong again in Q1 FY2025.

Despite the clarification from YTLP management in the post-result analysts' call, some sell side analysts still keep on saying that the AI data centre progress will be delayed due to delays in Nvidia Blackwell GPUs. It is up to what they want to say, but they are wrong.

It is like Nvidia. Its CEO Jensen Huang has repeatedly reassured that the Blackwell GPU production is well on tract for delivery in 2H 2024, but still some choose to ignore the fact.

Posted by dragon328 > 1 month ago | Report Abuse

Nvidia share price suffered some 7% drop in after-hour trading though the company announced market-beating Q2 result. I guess the good results can never satisfy the most bullish investors, and naysayers will continue playing down on the strong earnings and strong guidance for Q3.

Over here, YTL Power suffers the same fate with its share price down to pre-result level, as sell side analysts keep saying PowerSeraya has passed its peak earnings and there will be delays in AI data centre roll out.

Not to forget that there are two call warrants on YTL Power expiring on 30 August. The potential share overhang may be over 30 million shares as market says that the call warrant issuers have no intention to issue any new call warrant, hence will sell off their hedged mother shares.

I think after the expiry of the call warrants on 30 August and closure of more short positions on YTLP by end of the month, hopefully the share price will see steady rise.

Despite all this noise, foreign funds bought back RM20 million worth of YTL Power shares yesterday. I think there will always be funds that see deep values in YTLP.

Posted by Johnchew5 > 1 month ago |

Post removed.Why?

Posted by Johnchew5 > 1 month ago |

Post removed.Why?

Posted by Johnchew5 > 1 month ago |

Post removed.Why?

Posted by Mabel > 1 month ago | Report Abuse

twobits Mabel meow,

Your last average is rm3.83?
Just curious what's your next level to average?

Woof woof
29/08/2024 11:14 AM

Meow Meow twobits...

Mabel has been in and out of YTLP

Thought can goyang kaki oledi after collecting at previous price..

Too good to be true as the short sellers are too active in this counter..

Today trade:

This morning sold all at RM 3.73 as chart still not so good..
Collect back in the afternoon starting from RM 3.690, RM 3.680, RM 3.670 and RM 3.660

Now Mabel Average is RM 3.675

Hope after this, Mabel Mabel can goyang kaki..

Price Target: The consensus price target fell 5.3% to RM5.74. Analysts’ views vary, with the most optimistic target at RM7.30 per share and the most pessimistic at RM4.00.

Valuation for YTL Power (Thank you dragon328!!!)

With the latest Q4 result, YTL Power has become the cheapest utility stock in Bursa. YTL Power is trading at historical PER of just 8.8x, dropping to 8.1x in FY2025 and 6.5x in FY2026. In comparison, Tenaga is trading at 23x PER on FY2024 earnings and Petronas Gas at 20x FY2024 earnings.

YTL Power should be trading at minimum PER of 10x and a fair PER of 15x, hence it should be trading at RM4.27 minimum or RM6.40 in 2024, rising to a minimum of RM4.62 to RM6.93 in 2025.

Over a longer term, I see not much challenge for YTL Power share price to test RM8.70 to RM13.00 by 2030.

To Our Success !

Meow Meow Meow

Posted by Johnchew5 > 1 month ago |

Post removed.Why?

Posted by Johnchew5 > 1 month ago |

Post removed.Why?

Posted by treasurehunt > 1 month ago | Report Abuse

Bless and curse of ' Chart won't lie". The cycle is repeating again.

Posted by Mabel > 1 month ago | Report Abuse

Johnchew5 Hoho ya lo Mabel had been Guyang kaki on TG from RM 7.25 to below RM 0.65 … and with Serba Free tickets from RM 0.57 n RM 0.42 until delisted.🤣
29/08/2024 5:09 PM

Cheer Mickey..

Remember Mabel had a good Sifu...

To Our Success !

Meow

Posted by Alex Chua > 1 month ago | Report Abuse

Think they should follow nvidia to share buyback

Posted by Mabel > 1 month ago | Report Abuse

Yes Alex..

That is the best way forward...

Posted by Mabel > 1 month ago | Report Abuse

Yinson did that...

Look at Yinson price lately...

Posted by dompeilee > 1 month ago | Report Abuse

Stock: [YTLPOWR]: YTL POWER INTERNATIONAL BHD

1 week ago

Posted by dompeilee > 3 days ago

🤗SOLDDDD more YTL Power @ $4.46 to attain the ultimate personal GOLD: 1,000 successive market days of +ve trading income since July 29, 2020!!!🤗🏅🎼🏹🔟1️⃣ 0️⃣ 0️⃣ 0️⃣ 🈶⃣⃣⃣⃣

Posted by CharlesT > 1 day ago | Report Abuse

At present price of RM3.77, YTLPower's PE is ard 9.....

Cheap right? Very very undervalued right??

Let's c how low their PE can go



L@@ks the DC mania bubble is finally popped! No wonder Charles🐔riceT is so CRABBY 2day! Also because he sold off his speculative Notion-WD for 🐓-feed instead of being less🐔 🐓 & waiting till today where he could have earned a sumptuous buffett! Sayonara! I keep just 100 shrs to attend AGM & as a memento of my success in both YTLP & YTL, among many others!

Posted by Vincent8864 > 1 month ago | Report Abuse

Congratulations dompilee, you are smart investor

Posted by Antifanaticracism > 1 month ago | Report Abuse

A group of cons consisting of brokers and their paid personals are orchestrating short selling to reap billions from clients who are holding the shares. This syndicate order their to sell many of a company shares in the shortest time causing a few companies shares to fall sharply. This scenario caused many other shares to fall. Before this manipulated event, the syndicate has sold out already. When share fell to a ridiculous level they scoop back. The panicking clients sold at low price and lost. Our market is healthy but being manipulated by syndicates

Posted by Antifanaticracism > 1 month ago | Report Abuse

Klci must act fast to stop the syndicates action

Posted by Vincent8864 > 1 month ago |

Post removed.Why?

Posted by Johnchew5 > 1 month ago |

Post removed.Why?

Posted by Vincent8864 > 1 month ago | Report Abuse

Paying double digit interest loan use it for SBB. The management must be crazy! Or they have their personal agenda behind this SBB?

Posted by Johnchew5 > 50 seconds ago | Report Abuse

Hoho like Yinson SBB ? Chamlo Yinson SBB to Goreng Up for what purposes?

Oredi spent RM 369 million on SBB with over 4.94 % shares ( as at April 2024 ), where as EPF n KWAP keep rotating Cari Untung.

If FPSO Atlanta cannot First Oil by August 2024 … further losing Revenue RM 1.585 million/ day .

Posted by Johnchew5 > 1 month ago |

Post removed.Why?

Posted by Johnchew5 > 1 month ago |

Post removed.Why?

Posted by Johnchew5 > 1 month ago |

Post removed.Why?

Posted by ks55 > 1 month ago | Report Abuse

Cannot comment on YTLP share price, otherwise sifu will say I bad mouth his share.

Posted by Johnchew5 > 1 month ago |

Post removed.Why?

Posted by Johnchew5 > 1 month ago |

Post removed.Why?

Posted by Johnchew5 > 1 month ago |

Post removed.Why?

Posted by Johnchew5 > 1 month ago |

Post removed.Why?