Yes, PROLONGED should be the main concern. Short term the stock is holding up well, but any effect on the div to the downside could affect the stock price.

The interesting side of the ringgit's appreciation is the very strong buying position this counter has with it's large cash reserves.

Does anyone know in what way the ringgit will be affected if the YUAN is adjusted higher to the U.S. Dollar ?

Still staying out of this counter till the picture is clearer.

This post has been edited by calmwater: Apr 12 2010, 07:57 PM

In short, the ringgit will strengthen as well.

i hope the strength of RM can let ytlp use lesser $ to do acquisition~
an acquisition can simply push the currency exchange problem aside
but ytlp actually bought seraya not long ago
dunno how long they take to swallow it and ready to eat other
i bet on ytlp's growth~

This post has been edited by ngwei2402: Apr 12 2010, 11:18 PM

So, in that case the Ringgit could be heading higher in the months ahead.

Before the asian financial crisis or currency crisis (1997&1998), the U.S. $ to MYR conversion rate used to be very steady at 1:2.5

With the U.S. dollar continuing to weaken there is still much up side possibility for the ringgit.

Actually for GBP and SGD to be lower is a good thing for YTLPOWER if you look at other side of the coin, since their loans and repayments will also be translated to a lower amount.

Absolutely right. In business world there are no " SMOOTH SAILING" If you feel you are on the right ship just ride the wave with the captain.

Its all depend on how Francis Yeoh manage its cash flow and he is expert it this.

My ultimate goal from YTLPOWER is their WARRANT C

This post has been edited by darkknight81: Apr 13 2010, 04:22 PM

True, but the assets denominated in the foreign currencies will also be lower, hence net effect is negligible.
As for repayment, the ups or downs of FX has no effect of repayment. Because the money used to pay the repayment is generated from their own currencies as well. Eg. Earn in GBP, pay in GBP. There's only effect if use MYR to pay GBP.

Singapore re-values currency after better than expected GDP growth.

Link

today got ppl queue at 2.24, wanted to sell for more than 6M
who so lack of money? haha~

EPF?

Buy~ Buy~ Buy~

Hi Sifu,

If i have 5 lot of YTLPOWER, on March the dividend is about 7.5%, means how much i expect to get ? how is the calculation of it ?

ytlp par value is RM0.50;dividend is 7.5%
so 7.5%xRM0.50=RM0.0375 each unit
RM0.0375x5000=RM187.50
then need minus a charge by bank, usually RM2-5 if using nominee account

This post has been edited by ngwei2402: Apr 20 2010, 03:49 PM

Hmmm I never was charged any cheque clearing fees before. I think only nominee accounts get charged that RM2-5 for dividend cheques.

EPF buying la...

Opps...sorry forget mention about nominee
but start from sep all company using online payment rite?
that time will charge compulsory?

This post has been edited by ngwei2402: Apr 20 2010, 03:50 PM

You meant E-DIVIDEND RIGHT? i ALREADY submitted my bank account statement. I don think there will be any extra charges incurred.

This post has been edited by darkknight81: Apr 20 2010, 05:25 PM

Currently registration for E-dividends is free at least for another year. Companies are required to disbursed dividends by e-dividends whenever any of their shareholders registered for it.

Thanks ngwei2402 !!

FYI

YTL POWER next quarter result will be out on 21-May-2010. Dividend payment date will be around 30-Jun-2010.