Yea, as far as we layman people know off. There are no plans.. But not at Mr Yeoh's head. Let's see

In Business Accounting, there is a term called "Going Concern"...



So let's not judge the book so fast. There are some going concern for the company business

So is it still a good harbor to stop? Or only temporarily to get fuel up & set course away

if ytlpower was yur company,u wouldnt let the 10bil sit there and depreciate rite..u will of coz use it to expand,but ytlp isnt .like most analyst said,ytl grp shud b purposely save the money ,so after taking over ytlp,they can use the 10bil to expand.

If M&A is not going to happen, why wud ytlp reduce the dividend thus making investors leave,it wud not benefit them.

But who knows,it might be a trap to make investor sell and they cud by back at a cheaper price..

LOL

Confirmed YTL group has high debt level, so any privatization of power will only be by share swap, if not it's gearing will hit the roof. Also the 100% privatization may also increase the Group's gearing as Power has the most debts, hence maybe the hesitation by management to privatise.

"However, the rating was constrained by the group's highly leveraged balance sheet.

"Its operating-lease-adjusted debt of RM29.21bil as at end-June 2012 translates into adjusted gearing and net gearing ratios of 2.07 times and 1.14 times, respectively."



http://biz.thestar.com.my/news/story.asp?f...42&sec=business

This post has been edited by alenac: Jan 16 2013, 06:53 PM

i don't think i encountered any of my shares that were taken over & privatized, but if YTLPOWR gets privatized by YTL group, would the share swap be done automatically, or do you have to sign some documents to agree (as i am just ikan bilis minority)?

what if we miss the announcement? i'm not always following the mkt.....does it mean you'll lose the chance to swap, and left with the delisted shares?

advise pls, anyone?

IF there is a share swap/privatized, usually there will be announcement and the forms will be mailed to your house, sign and then send back. Usually several reminders are given as well and/or dateline extended to ensure max amount of people have time to accept the deal.

If you do not accept the offer, you will still be a shareholder, but the company is delisted and you cannot sell your shares in open market. You are still entitled to any future dividends, rights, etc.

When YTL took over YTL-Cement recently, via a share swap deal, there is about ~0.5% who did not opt for the swap.

If privatized and pay cash per share, usually it is automatic but sometimes can be conditional as above.

This post has been edited by gark: Jan 16 2013, 07:48 PM

delisted but still entitled to dividends?

You still shareholder what.. so yes you are entitled to dividends. But not announced, you will just receive a cheque in the mail.

YTL Power return to 1.79 after depressed for so long since not declaring any dividend for last 3 quarters.
Meanwhile, the company is actively buying back the shares recently.
Any idea? What is brewing?

A known fact in d market that YTL Corp want to take this counter private

If YTL is serious about privatisation; wouldn't it will better for YTL to keep the share price depressed versus support it via share buy back?
Also, YTL Power is holding large pile of cash; YTL will want to private YTLP to take the cash & not spending it on share back buy now.

This is the corporate game
Both u n I will try to think from the logical perspective
Anyway, lets wait n c

Bro, use YTLP cash to buy back shares --> then cancelled the treasury shares --> with same number of shares, after buyback and cancel, YTL holding in terms of % is much higher now. Higher % easier to takeover.

my little understanding is like that. correct me if i am wrong.

Got logic on what you said

U r rite
They need to secure above 90% in order to trigger mandatory takeover of remaining shares

Thanks, make good sense now. It seems like YTLP used the same tactic back in Jul'13, initiate buy back at lower level (<1.60) -> market speculate privatisation -> price up to 1.80 --> stop buy back --> cancel treasury shares --> YTL Corp/Yeoh family share holding increase

Here's another active thread on another forum ...
http://klse.i3investor.com/ptservlet.jsp?sa=pts&q=YTLPOWR

Shall we sell all out now ? since the price is at least recovering a bit

Hold; Price Target: RM1.70;
Dividend cut to conserve cash for acquisition. New acquisitions are crucial to cushion against earnings drop after expiry of Malaysian PPAs in 2015.

HwangDBS Research

they are talking about possibility of share swap to take it private.
if share swap, meaning they need to convince ytlpower minority shareholders to agree on the share swap to ytl. Therefore, ytl share must up a lot and ytlpower share must under-performing, in order to attract them. Today, ytl share price at 52 weeks low, and ytlpower at high.
if the above logic is true, you know what to do.
however, this rumor has been there for years. it may eventually drag longer as there is so large floating shares in the market to be collected back.