D chart look good so pick up on d next day after the dividend announce...

Look like the today got power liao

Hot Stocks: YTL shares rise on possible PPA extension, but impact seen limited

KUALA LUMPUR (Sept 11): Share prices of YTL Power International Bhd (YTL Power) and YTL Corp Bhd (YTL Corp) reacted positively to news that the Energy Commission may extend its power purchase agreements (PPAs) with YTL PowerThe Edge Financial Daily reported today that YTL Power might stand to benefit from a potential power crunch in the country as the EC considered renewing PPAs to avoid any power shortage due to delays in the completion of Malakoff Corp Bhd’s 1,000mw coal-fired plant in Tanjung Bin, Johor. YTL Power rose as much as three sen or 1.97% to RM1.55 before reducing gains to RM1.54 at 11.05am. Some 1.7 million shares changed hands. YTL Corp rose as much as two sen or 1.22% to RM1.66 at 11.10am with about 2.8 million shares doneYTL Corp owns 50.63% in YTL Power. An analyst said news of the possible PPA extension was “definitely positive” for both companies as YTL Power had been on a lookout for new projects for some time.He, however, said the news would have a limited impact on share prices of YTL Power and YTL Corp.“The news is positive and will help with trading sentiment. But, there will be no huge jumps in share prices from it.“The local independent power producers’ market share for power supply is already very small now.  YTL Power has a geographically diverse business and an extension to the PPA in Malaysia will not have a big impact on the company or YTL Corp,” he explained.Another analyst concurred, saying that although the news was positive to both YTL Power and YTL Corp, investors would not be too excited in the absence of strong catalysts for both stocks.“The share prices have reacted positively to the news. But, on the whole, there is no strong catalyst to give the share prices a real boost,” he said.He cautioned that an extension of the PPA for one of Malaysia’s last independent power producer may not be as positive as investors would expect. This was due to the high maintenance cost of YTL power plants.“How much benefit YTL Power and YTL Corp will have from a PPA extension depends on how long the extension is.“If the extension is a short one or lasts just one or two years, YTL Power will be subject to very high maintenance cost. The plants in Paka and Pasir Gudang are first generation plants and efficiency will be an issue."They may require expensive parts replacement,” he said.

The Edge

Slow n steady

Up Up UP

Y so Happy?

One of my focus stock beside REACH

Just relax n b patience as CIMB recommend Buy with TP @ 2.39

besides cimb, can't find other tp.

however, the tp is for ytl not ytl-power

This post has been edited by travis8481: Sep 12 2014, 08:21 AM

TP for Ytlpowr
Refer tis link
http://klse.i3investor.com/servlets/ptres/25147.jsp

thanks my mistake. I use klse screener, n it only shows ytl tp

suddenly power bull.

edit:
back to normal during trading at last

This post has been edited by travis8481: Sep 12 2014, 04:54 PM

AmResearch recommend Hold with TP @ 1.56

Can't wait it go above RM 1.70

Is EPF still dumping YTL Power shares?

Yup. Already dumping for many days but still got

EPF know something we don't know?

Affin up tp 1.84 (prev 1.70)

The Edge

so why all of sudden, this counter move up, will the dividend 10 cents sustainable ....?

Possible extension of its PPA

Highlight

Yeoh family raises shareholding in YTL Power

By Liew Jia Teng / The Edge Financial Daily   | December 4, 2014 : 11:13 AM MYT   Share on facebookShare on twitterKUALA LUMPUR: The Yeoh family seems to be tightening its grip on YTL Power International Bhd ( Financial Dashboard), the utility arm of the YTL group.YTL Corp Bhd ( Financial Dashboard), which is already the controlling shareholder of YTL Power, bought some 67.72 million shares or 0.96% equity stake in the utility group on Tuesday, according to a filing with Bursa Malaysia yesterday.The latest share purchase brings YTL Corp’s direct and indirect stakes to 56.75% or almost 3.98 billion shares.Following the acquisition, the shareholding of Tan Sri Dr Yeoh Tiong Lay, the founder of YTL Corp, has increased to 61.15%, while the family’s investment vehicle Yeoh Tiong Lay & Sons Holdings Sdn Bhd’s shareholding is now 60.85%.Tiong Lay is the executive chairman of both YTL Power and YTL Corp.While the block of shares purchased is not large, it raises the question on the rationale behind the acquisition. The Yeoh siblings have also been actively converting their warrants to YTL Power shares in the past two months.A check on the filings with Bursa Malaysia showed that at least 49 million warrants have been converted at the price of RM1.14 per share since early October.YTL Power managing director Tan Sri Francis Yeoh Sock Ping exercised 13.33 million warrants on Oct 21. The conversion, which cost him about RM15.2 million, raised his shareholding to 0.21% in the utility group, up from 0.01% as at Sept 26, 2014.On the same day, Datuk Seri Michael Yeoh Sock Siong converted 7.66 million warrants, Datuk Yeoh Seok Hong 13.53 million warrants and  Datuk Yeoh Soo Keng 5.18 million warrants.Meanwhile, YTL Power deputy managing director Datuk Yeoh Seok Kian converted 3.98 million warrants and Datuk Yeoh Soo Min exercised 3.76 million warrants.Earlier on Oct 9, Datuk Mark Yeoh Seok Kah also converted 1.6 million warrants.According to YTL Power’s latest annual report, the siblings’ combined direct and indirect stakes in the company stood at 1.28% as at Sept 26, 2014.Bloomberg data showed that following the conversion of the warrants, their shareholding increased to 1.87% as of today. All seven siblings are on the board of YTL Power.The derivatives were issued in 2008 and will only expire on June 11, 2018. The siblings have held on to the warrants for more than six years, thus raising the question on what prompted them to convert the warrants now.It came as a surprise when YTL Power declared an interim dividend of 10 sen per share for the fourth quarter ended June 30. The ex-date was on Oct 29. This may be a reason why the Yeoh family members converted their warrants.But could it be just that? This article first appeared in The Edge Financial Daily, on December 4, 2014.