Received both Ytl and ytl power dividend yesterday.

nice

long term stock eh? cant see it breaking above 1.61
still relatively stable around the range of 1.49-1.61

YTL Power to build US$2.7bil power plant in Indonesia

http://www.thestar.com.my/business/busines...esia/?style=biz

Background of PT TANJUNG JATI POWER

Tanjung Jati A power station was originally proposed in the 1990s, but the project was put on hold. In its first configuration, Bakrie Power owned 20% and Maharani Paramitra, which is controlled by former president Soeharto's second eldest daughter, Siti Hediati Herijadi Prabowo, also owned 20%. The remaining 60% of shares were equally held by Britain's National Power and Japan's Tomen Power. The project stalled, however, and Bakrie's partners pulled out.[4]

In April 2011, it was reported that the project was being revived, this time in partnership with Korean rather than Japanese companies. Bakrie began working with Samsung Construction & Trading (a subsidiary of Samsung) in April 2011 to restart the project. The cost of the project would be about $2 billion, of which Bakrie would cover the majority. Bakrie prefers not to work with Japanese partners, since they want the project to use imported components from Japan. Bakrie entered into a memorandum of agreement with Samsung in February 2011.[4]

In January 2015, as part of a proposed debt restructuring, Bakrie again announced that it was renewing its push to build the plant. The company stated that it would be building the plant in the Cirebon area. Bakrie is searching for a new foreign partner. Completion is now scheduled for 2019.[5][6]

In December 2015 power generation and water/sewage treatment group YTL Power said its 80% owned unit, PT Tanjung Jati Power Co., had signed a restated and amended power purchase agreement for construction of the 2 x 660MW coal plant with the republic’s national utility firm PT PLN (Persero). The estimated cost is US$2.7billion (RM11.6bil).[7]

This post has been edited by darkknight81: Jan 30 2016, 01:58 PM

YTL Power - Growth or yield?
Author: kltrader | Publish date: Mon, 21 Sep 2015, 11:57 AM

YTLP has gradually re-acquired its “yield play” tag after paying out 10sen DPS in each of the past two years.
There is however a slight risk to future dividends given the potential capex on Tanjung Jati A, an Indonesia power plant.
Maintain HOLD with an unchanged TP of MYR1.58.
What’s New
YTLP had earlier disclosed that it had acquired an 80% stake in P.T. Tanjung Jati Power Company for USD2m. This entity is undertaking the development of Tanjung Jati A, a green-field 1,320MW coalfired power plant in West Java, Indonesia.

Tanjung Jati A is a legacy project awarded to the Bakrie Group in the 1990s. The project failed to take off then, initially due to the Asian financial crisis, and subsequently due to Bakrie Group’s capital constraints. News reports suggest an equity injection of IDR29tn (c.MYR850m) for the project, with possible commissioning of each of the two generation blocks in 2019 and 2020.

What’s Our View
Details are scant, and management is unwilling to divulge more. We note Tanjung Jati A is similar in size to that of 20%-owned Jawa Power (1,220MW coal-fired plant). Assuming similar concession terms, an 80% stake in Tanjung Jati A could conservatively add MYR0.30/share to our YTLP target price. The downside to this new investment is that FY16/FY17 dividends could potentially be at risk, given YTLP’s propensity to conserve cash for capex / M&As. Our earnings forecasts are unchanged for now pending further financial disclosure on the Tanjung Jati A power plant. Our TP is based on a 10% discount to our RNAV estimate of MYR1.76/share (fully diluted basis), which is in turn derived from a sum-of-parts with each operating entity valued using DCF.

YTL Power shortlisted for SG desalination plant in Jurong Island.

It doesn't mean anything, Singapore is building their 3rd Desalination Plant, and the 4th is expecting to complete by 2020; this news is only about being shortlisted to participate for the bid for 5th Plant.

I thinking to buy. Wise? Dividend I'm OK with it but just have to catch the fluctuation.

Indeed, YTLPOWER is a super lousy stock. Time have already told. The price and dividend dropped for this 10years cycle while other stocks rose. Hopeless stock...

2023 is a YTL theme play. The stars are aligned well, huat arrr!!!!!!!!!!!!

YTL & YTL Power moving in tandem side by side.

Energy prices will still go up more hence the share price will still rise at least another 10% year

Lookout for TNB as well 👏

really moving like abang-adik now....

Another analysts coming out with the IB's report on the "An overreaction to the TPC" by CIMB.

YTLP is showing sign of "coiling". Be in position silently & wait for the movement after the "coiling".

This post has been edited by nihility: Jul 5 2023, 10:30 AM

3 weeks after coiling. The counter looked like already being cornered. Enjoy the ride.

Just hold & do nothing. let it cruise into month of August 23.

YTL Power earnings can sustain in the next 3 years

The master chef for this counter is good. They have the line up ingredient to cook every quarterly. The Ranhill acquisition was a surprise.

This post has been edited by nihility: Nov 3 2023, 09:16 AM

The chart do appeared like a cup & handle for me.



This post has been edited by nihility: Nov 3 2023, 09:10 PM