Ha! Ha! Told you guy's months ago, the Bakun stuff won't work.

Read as follows : http://biz.thestar.com.my/news/story.asp?f...86&sec=business

No, buddy.

Latest move, I sold my Stareit stocks and dived head on into Starhill Global (Singapore), which is currently 25% of my portfolio. Managed to get it @ S$0.59

Coming week looks interesting for Starhill.

I will look at result of U.K. elections (May 06), to see the effect on Pound before re-evaluating YTLPOWR.

http://www.timesonline.co.uk/tol/news/poli...RSS&attr=797084

Another important factor to consider is as follows:

Is WiMAX or LTE the better 4G choice?

http://biz.thestar.com.my/news/story.asp?f...98&sec=business

After spending Billions, WiMAX better deliver, if not........................................

My advice to all my friends and also to myselves

is don't put all your eggs in one basket.

This post has been edited by calmwater: Apr 25 2010, 01:51 AM

I have to agree on the petroleum thingy.

I heard our reserves are fast declining, wonder when the wells are going to dry up.

How will Malaysia survive?

For the short term though, Europe(Euro Zone) + U.K. got plenty of problem.

This post has been edited by calmwater: May 3 2010, 08:30 PM

Observed this today.

24 x 500,000 shares transacted at 4:50pm. That's 12 million shares sold and bought in one minute. One major investor offloaded to another major investor at 2.18 per share.
One sen below previous close. Someone lost confidence or maybe see something coming? ......... and who agree to buy? EPF?

C'mon fellas dig for the information.

This post has been edited by calmwater: May 10 2010, 08:06 PM

How long can YTLPOWR investors ignore the falling pound?

Morgan Stanley Issues HUGE Short Call On The Pound As Hung Parliament Fears Drag On

Read more: http://www.businessinsider.com/morgan-stan...5#ixzz0nctDtaef

So where is the pound going after the new leadership?


Live rates at 2010.05.13 11:59:09 UTC
1.00 GBP = 4.70760 MYR
United Kingdom Pounds Malaysia Ringgits
1 GBP = 4.70760 MYR 1 MYR = 0.212423 GBP


I feel like trying out currency trading, pound beginning to look really cheap.

Especially if it goes even lower.

This post has been edited by calmwater: May 13 2010, 08:03 PM

LATEST COMMENTS BY FRANCIS YEOH:

On whether the weaker pound sterling would affect YTL Power International Bhd's receivables from Wessex Water Ltd, Yeoh said being a diversified international player, there were bound to be earnings translation losses and gains from overseas investments.

YTL Power acquired Wessex Water, a water and sewerage operator in the United Kingdom, in 2002 for £1.24bil.

He said investors should look at the company's long-term operational efficiency and profitability instead of its quarterly performance.

“All our overseas assets operate on their own and having borrowings in their local currencies provide a natural hedge against foreign exchange fluctuations.

“We are very happy with our investment in Wessex and aim to make it the top water and sewerage company in the world,” Yeoh said.

An analyst with a local brokerage said most investors bought into YTL Power for its strong dividend yield.



This post has been edited by calmwater: May 14 2010, 08:23 PM

Yeah, Wessex was worth much more when POUND/RINGGIT was 1:7 a few years ago.

I was looking at the possibility of YTLPOWR listing WESSEX on LSE to unlock it's value and use the funds raised to expand it's operations further. But now at an exchange rate of 1:4.7 the valuation of WESSEX has declined by about 30% and so I believe it's profits as well.

YTLPOWR will have to depend very much on SERAYA and it's new CO-GEN plant to cancel out the negative effect of the POUND and that is left to be seen in the coming months.

Still waiting for an opportune time to re -enter YTLPOWR. Could take a few more months for this whole thing to play out. Have to waaaaaaaaaaaaaaaaaait patiently.

DIVIDENDS is the key. If it is maintained the price should hold, if not there could be a slide.

This post has been edited by calmwater: May 16 2010, 08:16 PM

Sifu Darkknight 81

Thank you , Thank you , Thank you .

Remember when I was going for TAGB, you recommended TAGB-PA as a lower cost of entry.

That was a wonderful point.

This post has been edited by calmwater: Oct 21 2010, 04:37 AM

Dear Saint Amanda 69,

Before you accuse others, are you 100% clean?

We are all sinners. Some big, some small.

While we want others to forgive us, we want to be unforgiving?

By the way this forum was started by Darkknight 81. Leaving a message for him here is like calling him at his home.

This post has been edited by calmwater: Oct 21 2010, 10:20 AM

Thanks for sharing. Currently not holding ytlp, but still follow the news.

To put it in another way, cannot goreng . Those who try will suffer the consequences.

---

Added on October 22, 2010, 7:03 pmAlso sold out of WB. Having fun with Reit's and property.

This post has been edited by calmwater: Oct 22 2010, 07:03 PM

YTL-e few years ago was only about 14 sen. After wimax license and all this promises, is currently 10 times more. With hardly any revenue to show to date, this stock could be no different from those dot com bubble stocks. Buyer beware!!

When the dice is rolled (Nov 18), the bare naked truth will be out. If there is substance to the story, well and good. If not .........

Of my fav 3, 2 are doing fine (TAGB-PA, Starhill Global). The other one (BTOTO) is good for div so far, but capital appreciation ta'ada.

TAGB in my view has the most potential for capital appreciation, as they have very good land bank in strategic locations in K.L. , Damansara , SG. Buloh etc Plus they are building themselves into a property developer with a commendable reputation. Their recent 50:50 JV with a large property management company in Australia is prove of a growing reputation and of course growing business as well with the project valued at RM$ 1.8 Billion. Launching of sales is towards the end of this year, while entire project is to be completed by 2014. So if sales take off well, there could be further upside coming.

They are also going quite heavily into hotels, with 3 large ones spread out in Singapore, Australia and Canada.

Another major catalyst to a surge in it's share price could come with launch of MRT. It's properties in Damansara, Bukit Bintang and opposite KLCC standing to gain the most.

The best part about TAGB is that it is still trading below it's IPO. What more can you ask for?

TAGB-PA at 38 sen is 8.5 sen below it's mother, with only 2 years remaining for conversion at no cost. What more can you ask for?

Tony Tiah has bought 8 million shares in the past month, with the latest at 40 sen.

Nevertheless invest wisely, like you have been doing all along. Your careful investing style is admired.

Take care, all the best.

This post has been edited by calmwater: Oct 31 2010, 05:05 AM

From the sound of it so far, this service sounds similar to MAGICJACK, where you can use your home phone, cell phone to make calls through your internet connection. He is targetting mainly college and varsity students who usually carry their laptop's around. Rest of users I believe won't find this very convenient.

To make mega bucks I think is doubtful. Even if they make 20 million/month or 240 million a year, per share works out to about 3 sen. Don't see the recent price surge as justifiable.

Though on speculative buying may go even higher!! But sooner or later the bubble will burst.

Multiply by P/E ratio if you are sure of steady profits for the 15 years. In IT sector where got such guarantee? What happened to the POTONG guys. So much optimism in a short period of time and then........

I would be more optimistic about CO-GEN technology (adopted by Power Seraya) for long term steady profits than WiMAX and related stuff. So many competitors down the road and so expensive to roll out and maintain with the latest tech changes/advancements.

The following was actually the funny part, from yesterday's news:

"Prior to the launch, Yes 4G faced interconnectivity issues with other networks as it was unable to interconnect with the operators. However, the group managed to sign interconnectivity agreements with them yesterday.

We're now finally interconnected with everybody . We have received full cooperation (from other telcos), Seok Hong said, adding that other operators had welcomed them onboard."

So what are they trying to say? They want to fight their rivals or steal their business with their co-operation?

All along I was under the impression, wireless broadband was what they will promote the most and cross swords with P1, but most of press release recently is on lower cell phone calling rates. Which means their rivals are the established Telcos.

Want to start a price war with them? A lot of the base stations they are using belong to TM, so they cannot openly challenge this Kawan and now they sign agreements with the other Telcos for interconnectivity in use of mobile phones, so also cannot challenge this whole group of kawan-kawan.

Are they getting lost in a wireless jungle?

This post has been edited by calmwater: Nov 21 2010, 04:22 AM

You mean to say the Div will get affected going forward?

Look into singapore Reit's as well. With the two casino's doing very well, their tourist arrivals are on the rise. Starhill Global (YTL subsidiary) has a large part of it's investments on two malls at Orchard Road.

What do you think of property counters. Know something about TAGB? Up to my neck on this one.

Francis and VT have something in common. Want to send the army in all directions wanting to conquer everywhere. Reminds me of the German's in World war 2. Though I don't expect Francis to end up like Hitler but it does look like a downward slide from the mountain top.

YTL related counters, current holdings: 0 %

VT related counter, BTOTO : 15% Bought @ 4.29 in Nov 2009.

Only last two weeks there is some excitement. Just hoping the privatization goes through for some decent returns.

This post has been edited by calmwater: Jan 1 2011, 03:09 AM