Agree with you. I think most company buyback shares as a last resort to support their share price and not for the purpose of share dividend. I personally dont like share dividend because I would have to worry about the odd lots thingy.

You will love it once you know the power of compounding gain

You will love it once you know the power of compounding gain

WESSEX Water plc, the British unit of YTL Power International Bhd, has started testing a Volkswagen Beetle car that is being powered by gas from human waste.

It is the first such test being done in the UK.

"Waste flushed down toilets of just 70 homes in Bristol is enough to power the Bio-Bug for a year, based on an annual mileage of 10,000 miles," the British firm said in a statement posted on its website.

GENeco, a Wessex Water-owned company, imported specialist equipment to treat gas generated at Bristol sewage treatment works in Avonmouth to power the VW Beetle in a way that does not affect its performance.

GENeco general manager Mohammed Saddiq said that methane from sewage sludge can be used as an alternative energy source, and is an innovative way of powering company vehicles.

"We decided to power a vehicle on the gas, offering a sustainable alternative to using fossil fuels. If you were to drive the car, you wouldn't know it was powered by biogas as it performs just like any conventional car. It is probably the most sustainable car around," he said.

To use biogas without affecting vehicle performance, the gas needs to be treated under a process called biogas upgrading. Carbon dioxide will be separated from the biogas using special equipment.

If all the biogas produced at Avonmouth were converted to run cars, it would prevent the emission of around 19,000 tonnes of carbon dioxide.

Mohammed said that while waste flushed down the toilets in homes in the city provides power for the Bio-Bug, it will not be long before further energy can also be produced from food waste recycled at its sewage works.

"It will mean that both human waste and food waste will be put to good use in a sustainable way that diverts waste from going to landfills," he said.

YTL bought Wessex in 2002 for US$1.7 billion (RM5.35 billion) from Azurix Europe Ltd, a unit of bankrupt energy trader Enron Corp.

Read more: YTL UK unit tests sewage as alternative energy source http://www.btimes.com.my/Current_News/BTIM.../#ixzz0wubsM6MM

I dont mind dividend compounding but not odd lots 
I think most of the wealth creation plan that I saw, only use max 7% p.a. for illustration.
Using like 20% p.a. is probably for the warren buffet type of ppl 

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.

Too bad dividend only 3.75% 

probably reserving the cash to power up the Wimax..
seems like the main concentration now is on Wimax. Read some news saying that YTL comm will be spending 2.5b on the roll out of the Wimax (inclusive of IP calling) towards 4th Qtr. Obviously the 2.5b is coming from internal since YTLP is cash rich anyway..

probably reserving the cash to power up the Wimax..
seems like the main concentration now is on Wimax. Read some news saying that YTL comm will be spending 2.5b on the roll out of the Wimax (inclusive of IP calling) towards 4th Qtr. Obviously the 2.5b is coming from internal since YTLP is cash rich anyway..

Anyone planning to sell off 6742 tomorrow?

Any reasons to sell it?

how is the history yield so far from 2006-2010?

Genting is down 15% since casino opened for business recently. Why?

(i) Could be it was pushed up too high ever since they got the casino license.

(ii) Singaporeans have to pay s$100 per visit to enter the casino. They want Genting to make money from foreigners and not from singaporeans. 

(ii) For now it is the only casino, what will happen when their rival Vegas Sands opens for business on April 27th. 

For the above reasons I won't touch Genting Singapore.

I told someone here (you know who u r) a year ago Harta and Genting would outperform YTLP by miles but he was too self-focused trying to talk up the price of YTLP in this forum ;p Time just told u the truth. YTLP, while fundamentally ok, has very lousy ROE. In up economy like now, don't be sentimental and cling on to a stagnant steamroller. Intelligent investor should know when to rebalance portfolio for higher incremental return

I bought 3,500 units YTL Pwr at RM 2.1X in Apr'2011. Just sold it yesterday when she hits RM 2.39 making a 10.XX% cap gain (inc divvies). 10.XX % gain in 5mths period, not to shabby I'll say ol'chap.

The above post is one of the serendipitous thing that prompt me to sell this laggard counter. 

Xuzen

Totally agree. Thats y in my previous post i have mentioned it on the depreciation of POUND STERLING. i told calm not to worry "Too much" on pound sterling against RM as MALAYSIA does not necessary in a better state than UK....A lot of stuffs does not unfold yet for MALAYSIA 

Plan to buy some more YTLPOWER SOON  after i got my next dividend. It will be perfect if my RCECAP fly next month and i can sell it off to buy more YTLPOWER.