Posted by ocbc > 2024-05-28 15:49 | Report Abuse

Lelong lelong, NTA 1.37 with cash from land sale @98m+@17m , great deal indeed. Cheers !

Posted by Albukhary > 2024-05-28 23:59 | Report Abuse

@ocbc, YTL takeover Ranhill because of the water supply is a important factor for its Data Centre.
YTL will not takeover YLI or ENGTEX or any Pipe Manufacturer, because Pipe is not a important factor, Pipe can be sourced or produce by any pipe manufacturer.

Also, please take note that YLI cash left RM46m only (as per 31 Dec 2023), because a big portion of the land disposal proceed has been utilised to reduce its loan.

Therefore, out of the NTA of RM1.37, only around RM0.32 is cash, balance RM1.02 is is land, property, machinery, inventory & trade receivable.

No body will takeover YLI, because it has nothing special.
The boss will also not sell YLI, because it still has the RM46mil (unless they have capital repayment first, take out the RM46mil cash first, then only boss will willing to sell).
So, the only corporate exercise that can be happen is Boss privatise it.
Boss just need to fork out some money to buy back the share from public, then boss can 100% owned the RM46mil cash in bank.

Posted by ocbc > 2024-05-29 23:27 | Report Abuse

Billion $$$ demand coming, just wait , early birds catches the worms. Cheers ! YLI now just remind me of YTLPower at 0.72 cents then.

Posted by Michael Kwok > 2024-05-30 00:27 | Report Abuse

Stock to caution
Yli(7014) 74 cents
Sell call
Overbought
30/5/24 12.27am

Posted by ocbc > 2024-05-31 18:19 | Report Abuse

Thank you for selling down so can get more at lelong price, cheers !!

Posted by ocbc > 2024-06-10 10:22 | Report Abuse

Engtex implementing 3:4 bonus issues to enable institution n more retail investors to come in. Smart move which YLI likely will follow soon (Not for contra player) . Cheers !

Posted by DevilSky > 2024-06-22 10:15 | Report Abuse

Main shareholders changed. Have any chance for this counter up?

Posted by ocbc > 2024-06-24 23:14 | Report Abuse

Glad to have the right background type of major shareholder , no more hidden obstacles for YLI. Cheers !!

Posted by ocbc > 2024-06-25 12:44 | Report Abuse

Please drop further so can collect more , cheers !!

Posted by ahbah > 2024-06-25 12:50 | Report Abuse

No wori lah, the whole mkt is dropping. U can collect all U want lah !!!

Posted by ocbc > 2024-06-25 16:32 | Report Abuse

yes, drop to below cash holding level , cheers ! love it !

Posted by ocbc > 2024-07-04 20:15 | Report Abuse

Gearing up for the upcoming contracts worth billion $$$$$ , ini kali lah.

Posted by ocbc > 2 months ago | Report Abuse

https://www.straitstimes.com/multimedia/graphics/2024/06/malaysia-water-woes/index.html?shell