At the moment, I do not see any light in YTLP, reason I sold it also and I was in fact frustrated with the div slashed to 50%. Regarding property bubble, I think as long as the REIT is having a safe gearing, should be ok gua.

YTLP no light?

No right or wrong lol.

To me :

1. 8 Billion cash pile

2. Bid for building new coal fire plant at indonesia

3. Wimax
This one i am sceptical. But chances are there.

......................................................................................................................

ytlp price is looks tempting...I guess we can start accumulate some at this price XD

6bil have to repay for the loan, left with 2bil cash, with this quarter report, they could hold about 3bil cash

3. As much as I applauded the YES service provided.
There is no light (yet) for wireless BB across at least for near term.
Ability to balance the book and with little cash drain, is already a big achievement.
Chance to make profit? highly doubt so for near term or even a few year down the road.

Yes. Totally agree. However, if few years down the road Wimax might be a "Cash Cow" ??

But i do not put so much hope on that

I do not see any fundamental issue with YTLP at the moment, just to me, the div is too low already which force me to exit. And YES, like what Cherroy say, might not be profitable in near future and with the situation not looking too bright, I think I can find better investment elsewhere.

YTLP is dropping to less than 1.70 now, is it a good time to accumulate?

YTL drop so low. Bad news for IPP in budget 2012 ka ?

Yeah I'm also curious... I'm holding quite a substantial of its shares ...

No kidding I bought these share in 2008 for 1.70 ~ 1.92.

During that time, YTLPWR was like a rock eventhrough the turbulent 2008 crisis. Today marks the first time it dip under 1.70 for me

However, if go down any further, might be a opportunity to accumulate

YTL Communications wins best new service award






KUALA LUMPUR: YTL Communications Sdn Bhd, a global frontrunner in mobile 4G, won the "Best New Service" award at the recent Global 2011 InfoVision Awards ceremony.

It bagged the award at the prestigious event, for its innovative Yes 4G service, Malaysia's fastest mobile internet with voice.

YTL Communications said in a statement today, with almost a year into its operations, the award comes as a clear acknowledgement that Malaysia is at the forefront of the world when it comes to the adoption of next-generation wireless technologies.

With the win, the company joins an elite list of operators from around the world, including British Telecoms, Australia's Telstra and Hong Kong's PCCW, who have received the same honour in the history of InfoVision Award.

YTL Communications chief executive officer Wing K Lee said: "The award is another validation of the vision and dedication that went hand-in-hand in the creation of Yes 4G and our drive to bring positive change to Malaysia."

Yes, a brand under YTL Communications, offer the fastest mobile internet with voice service, and the first mobile operator to bring mobile internet and voice together in one plan.

YTL Communication is a subsidiary and the communications utility of YTL Power International Bhd and part the YTL Corporation Bhd Group. - BERNAMA

guess it's just because of the fear of global recessions..

rock stock will keep rock...

it's just time..

good luck guys.. would look on this counter...

there is another 3 factor which push the price lower

1)Lower dividend rate compare to last year
2)YES keep draining cash
3)IPP contract will be review by government

Another possibility could be elections getting close. YTLPOWR as the first IPP and with most lopsided contract usually gets singled out for a lot of criticism and Barisan bashing by opposition.

Since Barisan is very scared and desperate, they might have to let YTLPOWR get some whacking . How they gonna do it , dont know.

So looks like next few months might not be so good. At current divi rate, to earn about 6 to 7% returns, the price may have to go down
to about RM 1.50

Quite difficult to judge the future of this counter, too many possibilities!!!


This post has been edited by calmwater: Oct 4 2011, 01:15 AM

Any taker at 1.64?

This post has been edited by NeN51: Oct 4 2011, 06:23 PM

Yes, gonna get some (first buy) at 1.64 tmr after missing it today..
Aiming for more if it goes down (hopefully no) as this is for long term

Good luck to you!

Thx! Got it as planned, well its just a nibble. I'm aiming to hold it as a super long term counter. Wanna get some steady counter

YTL - NOTICE OF SHARES BUY BACK - IMMEDIATE ANNOUNCEMENT

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: YTL CORPORATION BERHAD
Stock Name: YTL
Date Announced: 05/10/2011

Announcement Detail:
Date of buy back: 05/10/2011

Description of shares purchased: Ordinary shares of RM0.10 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 2,000,000

Minimum price paid for each share purchased ($$): 1.350

Maximum price paid for each share purchased ($$): 1.350

Total consideration paid ($$): 2,709,110.00

Number of shares purchased retained in treasury (units): 2,000,000

Cumulative net outstanding treasury shares as at to-date (units): 579,538,345

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 6.08