They stopped Share Buybacks after they got Seraya Power. So no more Share Dividends anymore.

Nope I don't think so. Unless you start seeing some share buyback announcements almost every week like what we used to see, there will be no share dividends.

The last share dividend given was 1:40 to clear up their remaining treasury shares before the warrant issue and subsequent acquisition of Seraya Power.

FYI, to give a 1:25 dividend, the company needs to buy up to 250 mil shares from the open market. That means, they have to by an average of 680k shares from the market EVERYDAY for 365 days to get to that amount. So meaning you'll get a strong hint from the Bursa announcements if the company decides to start accumulating for the share dividends.

Results is today.

Good
1. Net profit increased RM128 mil compared to previous quarter.
2. Seraya Power profits(not revenue) almost equals Wessex Water. Only RM5 mil difference.
3. YoY profts increased by 20% if one-off deferred tax effects were removed from FYE2009

Bad
1. Only proposed 1.875 sens dividend. Keep fingers crossed for final dividend announcement since they mention this as an interim only.
2. Shares outstanding as expected shot up to 7.1bil shares or added 300 mil shares since the previous quarter.


This post has been edited by skiddtrader: Aug 19 2010, 06:17 PM

Yeah the 2.5b capex has been bounced around since they started the project. But I feel this is just the starting capex, but yet to see any major cash outflows for this project yet.

YTL COMM related news today.

The Star

This post has been edited by skiddtrader: Aug 20 2010, 09:13 AM

Historical DY? Depends how much you paid for you share. But they normally pay minimum 50% of their EPS not including share dividends since 2006.

Dark,

His interview sounds like he is about to unleash a game changing service where everyone will go oooh and ahhhh. So it's kind of hard not to be a bit skeptical about it since there isn't much details about it. I've never thought much about the telco service unless you are the major player, and I can't see it as a utility business. Since beginning I've never been a fan of their WiMax venture, but then from the scant details we have here and there, seems their costs are manageble and should not affect their profit margins. If this works as he envisioned it will be and not fail like Green Packet, then it will be a bonus. Other than that, I'm not really excited about it.

If Nov 18 comes and they unveil something that can match Streamyx internet in terms of price, availability and consistancy of service on top of offering mobile phone service that has cheaper data package like Maxis and DIGI and hybrid TV like Astro. I will be very surprised, even shockingly surprised. Because that seems to be what he is promising with the roll-out. So far have not heard of any integrated service like that in Malaysia or Singapore. Don't know if Japan/Korea has this kind of service and the sustainability of it.

This post has been edited by skiddtrader: Oct 27 2010, 08:39 PM

Oh yeah talking about YTL-E, my dealer was telling me there was a rumour about it being privatised. That was last week I think and asked me to keep an eye for it. I'm not much of a rumour person so I didn't pay much attention. First time hearing a rumour from my dealer.

Never seen it shoot so much in 1 day before.

Results should be good.

This post has been edited by skiddtrader: Nov 9 2010, 03:14 PM

Read about YES in their website when they advertised in newspaper. You tried already the service?

to see you leave darkknight81, but you made your profits!

KenYoung,

Please read more about Call Warrants and their associated risks in the forum guide.

Normally I don't recommend Call Warrants to people new to shares because they do not understand the risks. Anyway god luck.

I'm sure your relatives and seasoned stock traders have good intentions when they recommended/approve your investments. But they aren't going to compensate you for your losses if you did not understand the risks associated with your investments. Call warrants all have expiry and a hefty premium to the actual value of what they represent. Better read up on those to understand the product better. Good luck.

PS: Please message panasonic88 to redeem your gift for making a virgin stock buy. Cheers.

Yeah the gift is actually actually by panasonic88, just send a private message. Don't forget to say you're a virgin stock buyer.

This post has been edited by skiddtrader: Nov 15 2010, 03:34 PM

Hai no joke no fun. No offense intended everyone.

So pana, did you follow?

Edit: Correction on price.

Read a thread in the broadband forum, someone posted YES mobile broadband 'rumoured' pricing is RM0.03 per MB.

It's pay per use, so no contract, no fixed monthly, no Fair usage policy or capped speed and seems to be only targeting the Mobile Internet (Phone with Internet) market for that kind of pricing.

So Streamyx users or any other homebased desktop internet will not in anyway benefit if they are into heavy downloading. No tethering for sure due to price per MB. So definitely no threat to convetional internet providers such as TM or P1.

Casual internet users on their phone who uses less than 500MB per month will benefit.

This post has been edited by skiddtrader: Nov 18 2010, 10:09 AM

Wow you are fierce. Good luck and fortune.

TP = Target Price

Special Dividend eh? Serious or not?

Last year 2009 they released Nov 19. Maybe this year the same.

I always assume last week of the month though.

I always maintain a steady cautious outlook of the underweight bright future. (talking like an ANAL-syt)

Seems like failed to launch to me.