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 YTL POWER INTERNATIONAL, VERSION 2

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SKY 1809
post Jul 30 2011, 12:40 PM

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Many investors in this stock buy for div purpose.

IF div drops , then they just switch out to another div stock.

And not waiting to die.

Simple as that.

This post has been edited by SKY 1809: Jul 30 2011, 12:46 PM
gark
post Jul 30 2011, 12:43 PM

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QUOTE(simplesmile @ Jul 30 2011, 11:02 AM)
I believe the margin from IPPs will be less profitable going forward. BN will cave in to public pressure. If Pakatan wins, then the IPPs can kiss goodbye.
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Why do people always equate YTL power with IPP contracts? 70% of thier revenue is from outside Malaysia including Wessex (England), Power Seraya (Singapore) & Java Power (Indonesia).

FYI In Indonesia (coal) and Singapore (fuel oil), there are no subsidies, yet they can turn out reasonable profit.

This post has been edited by gark: Jul 30 2011, 12:48 PM
poolsurf06
post Jul 30 2011, 06:22 PM

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QUOTE(gark @ Jul 30 2011, 12:43 PM)
Why do people always equate YTL power with IPP contracts? 70% of thier revenue is from outside Malaysia including Wessex (England), Power Seraya (Singapore) & Java Power (Indonesia).

FYI In Indonesia (coal) and Singapore (fuel oil), there are no subsidies, yet they can turn out reasonable profit.
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cant blame..most of us lazy to read detailedl financial reports... and there are too many examples it's hard not to reason good earnings to 'relationship' trade. tongue.gif
nasni
post Aug 1 2011, 07:08 AM

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QUOTE(teehk_tee @ Jul 30 2011, 10:57 AM)
sounds bleak yeah.. but i leave the judgement to everyone.
PER at 1.70 will be 10.2 vs current PE around 11.2

and expected full-year ROE if im not mistaken, if we use EPS growth of 10.8% and extrapolate the current 3Q results and set it at 1343mil / 8157mil = a respectable 16.5% in my books.

regardless, i'll wait for the power agreements to pass before i decide, since it's quite a 'hot' issue.
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both your points noted rclxms.gif

worth to ponder too...b4 any decision made.
andrewckj
post Aug 8 2011, 04:37 PM

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QUOTE(nasni @ Aug 1 2011, 07:08 AM)
both your points noted    rclxms.gif

worth to ponder too...b4 any decision made.
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The last time I visited LYN and posted here it was trading at 2.2x. It had dropped 15 % since then, with the chart showing a strong downtrend. I'm still holding it.

Seems like it's lacking of Power, It's Yes 4g more to a liability to YTLPOWR. However, I;m still keeping my shares. Just treating it as a FD. My paper loss enough to get me few Ipad 2.. rclxub.gif
maxsteel2001us
post Aug 8 2011, 05:11 PM

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QUOTE(andrewckj @ Aug 8 2011, 04:37 PM)
The last time I visited LYN and posted here it was trading at 2.2x. It had dropped 15 % since then, with the chart showing a strong downtrend. I'm still holding it.

Seems like it's lacking of Power, It's Yes 4g more to a liability to YTLPOWR. However, I;m still keeping my shares. Just treating it as a FD. My paper loss enough to get me few Ipad 2..  rclxub.gif
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I bought 2000 unit more ...to average down..gonna keep it for dividend purpose...hope shall rise back to above 2.00 ...
nasni
post Aug 8 2011, 05:22 PM

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QUOTE(maxsteel2001us @ Aug 8 2011, 05:11 PM)
I bought 2000 unit more ...to average down..gonna keep it for dividend purpose...hope shall rise back to above 2.00 ...
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still at the sideline, not accumulating yet...

see what's in for tmrw.....
andrewckj
post Aug 8 2011, 06:35 PM

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When I was buying YTLPOWR, I didn't expect this day to come, for it to trade below RM 2. I've told myself to average down if it ever hit below RM 2, but it seems like it's not YTLPOWR is in current turmoil as the whole market is in a selling position. Capital is constraint, let be honest, at which point of price you guys willing to top up? Will YTLPOWR share the same fate as NAIM (free falling).
teehk_tee
post Aug 8 2011, 06:39 PM

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QUOTE(andrewckj @ Aug 8 2011, 06:35 PM)
When I was buying YTLPOWR, I didn't expect this day to come, for it to trade below RM 2. I've told myself to average down if it ever hit below RM 2, but it seems like it's not YTLPOWR is in current turmoil as the whole market is in a selling position. Capital is constraint, let be honest, at which point of price you guys willing to top up? Will YTLPOWR share the same fate as NAIM (free falling).
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YTLPWR's dilemmas are discussed in the previous page, with a wide range of explanations and valuations given.. generally cut in dividends, and IPP problems. it's miles away from Naim imo, things under the Francis Yeoh banner are generally stable-r .

not to mention their other divisions are doing good.. can take my words with pinch of salt.. icon_rolleyes.gif
skiddtrader
post Aug 8 2011, 06:41 PM

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As NAIM hard to believe, but with EPF dumping this share while holding more than 10%, it is hard to estimate when they will stop. Previously they keep up the selling wave until they held about 9.6% before buying up again to 10.5%.

As prices fall, dividend yield will become more attractive if the dividends is kept consistent. Only slack part about it is YTLPOWER never had any official dividend policy.

Personally I was about to jump in at RM1.80, but held back due to some dilemma. Maybe RM1.80 is still not solid enough support. Last time drop to RM1.60+ range was a good entry price, this time maybe RM1.70+ is good?
TSdarkknight81
post Aug 8 2011, 08:59 PM

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QUOTE(skiddtrader @ Aug 8 2011, 07:41 PM)
As NAIM hard to believe, but with EPF dumping this share while holding more than 10%, it is hard to estimate when they will stop. Previously they keep up the selling wave until they held about 9.6% before buying up again to 10.5%.

As prices fall, dividend yield will become more attractive if the dividends is kept consistent. Only slack part about it is YTLPOWER never had any official dividend policy.

Personally I was about to jump in at RM1.80, but held back due to some dilemma. Maybe RM1.80 is still not solid enough support. Last time drop to RM1.60+ range was a good entry price, this time maybe RM1.70+ is good?
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Hi Bro, Should be biggrin.gif

I belive the main reasons the share price drop so much was due to the reduce in dividend for the past few quarters.

For me i will neither top up nor sell off. Just keep for dividend. Even though is half of previous one but i can bet for the growth side.



Cheers
ngaisteve1
post Aug 8 2011, 09:13 PM

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I just checked. It RSI is pretty low now, which is around 18 (oversold).
jutamind
post Aug 8 2011, 11:54 PM

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my YTLPOWR down 13% already since first bought....sell or hold? what say u?
yeeck
post Aug 9 2011, 12:40 AM

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EPF is continuing to dispose this. Careful.
BrendaChee
post Aug 9 2011, 01:17 AM

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I am also holidng YTL Power, bought at 2.06 , really don't know how low is low.

As long as the dividend yield is better than FD, i am still thinking to top up if it hit 1.70 and below.

What is the estimate dividend for next quater? Any opinion?
andrewckj
post Aug 9 2011, 04:04 AM

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QUOTE(jutamind @ Aug 8 2011, 11:54 PM)
my YTLPOWR down 13% already since first bought....sell or hold? what say u?
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I don't know about you. I entered YTLPOWR during its prime since last Nov at 2.51. I don't even want to count what is my paper loss now, it's too crazy. Im thinking the another entry point. But the question is, how attractive the dividend yield will be?
skiddtrader
post Aug 9 2011, 08:29 AM

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YTLPOWER has always been a long term dividend counter, anything more is a bonus. Last time when I first bought it, average was RM2.30 back in 2007. When the counter down to RM1.60, lots of people throw but it was the best time to pick up. The prices recovered back to RM2.30+ supported by the dividend yield. When it hit a high of RM2.75 recently, I kind of regret didn't follow darkknight's footstep to sell it but it's still a dividend counter for me so didn't really pay much attention to it.

As far as information is available, there is no sign that fundamentally they are affected. If anything, the lower Crude oil and gas prices are favourable to their utility operations. This is the strength of utilities counter, whether rain or shine industries needs utilities to operate. Only a severe recession where industries are closing down is where their profits will shrink. Their WiMaX is a blood sucker though, but not much compared to their revenues.

But at the end of the day, it's your capital and if there is a better bet out there in the market, don't hesitate. nod.gif
javelin819
post Aug 9 2011, 11:24 PM

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Anyone going in ?

this counter is relatively cheap with thier low PE and High DivY ( correct me if im wrong) smile.gif

fundamentally is strong.
TSdarkknight81
post Aug 9 2011, 11:46 PM

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QUOTE(skiddtrader @ Aug 9 2011, 09:29 AM)
YTLPOWER has always been a long term dividend counter, anything more is a bonus. Last time when I first bought it, average was RM2.30 back in 2007. When the counter down to RM1.60, lots of people throw but it was the best time to pick up. The prices recovered back to RM2.30+ supported by the dividend yield. When it hit a high of RM2.75 recently, I kind of regret didn't follow darkknight's footstep to sell it but it's still a dividend counter for me so didn't really pay much attention to it.

As far as information is available, there is no sign that fundamentally they are affected. If anything, the lower Crude oil and gas prices are favourable to their utility operations. This is the strength of utilities counter, whether rain or shine industries needs utilities to operate. Only a severe recession where industries are closing down is where their profits will shrink. Their WiMaX is a blood sucker though, but not much compared to their revenues.

But at the end of the day, it's your capital and if there is a better bet out there in the market, don't hesitate.  nod.gif
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Yup. what you said is correct. No worries for me lol

Quite tempting to enter actually. But i control myself do not do so.

tongue.gif

Invest those money with your family more wink.gif Life is short. Cannot always think of $$$$$


devilnevercry
post Aug 10 2011, 12:52 PM

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EPF is dumping this stock kaw kaw yest. Beware and may u all huat huat

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