The effect of 7.5% single tier div is just ~1.7% to YTLPOWR share price of say RM 2.2......

so not much impact .....

WIMAX by YTLPOWR...... i hope francis really can launch what he has been talking........ for the consumer is another round of "potong"

YTLPOWR share will not move up to fast unless in super bull market, last round 2007/08 i think is RM 2.6 onli.

The reason is there are big chuck of WA and WB with long term date and big volume. So the mother share price will not shoot up high coz of this diluting effect.

YTLPOWR is good in term of div yield and solid growth and if the share price is week, francis will do share buy back and give share div.

Base on 2009 calender year the div is RM 131.25 per 1000 share (net coz is single tier), it is ~ 6 % base on RM 2.2 per share. This year it may be the same or slight increase to RM 150. And this div is somewhat assured coz of huge cash pile at YTLPOWR level and YTL CORP need the cash to buy land, buy hotel or buy something else.

and u can see this in the exercise price of the warrant oso, where after some years the price is reduced one coz the warrant not entitled div.

So for YTLPOWR, i think sud go for the mother share. i sold all my WB. and keep increasing the mother share.

YTLPOWR next big wave is the WiMAX, which francis promise a lot, i hope he can deliver and i am ready to "potong" if he deliver what he promised in WiMAX.

Adding power seraya is a good one.... power seraya will be the next jewel in YTLPOWR stable like Wessex water.... this is francis modus operandi, buy good asset at bad time......

i bet on francis, keep topping up YTLPOWR, go francis go.....

YTLPOWR single tier div payment date base on historical record

(1) End Jan -- 7.5%
(2) End March -- 7.5%
(3) Mid July -- 7.5%
(4) End Dec -- 3.75%

Last time is 3x 7.5% but in 2009 jadi 4x. I assume 2010 will be the same or the (4) become 7.5%

few years back got share div one, but francis sudah stop the share buy back for YTLPOWR dy, preserve cash for WiMAX and may be buy some asset kot...... he always mentioned got power project in bangladesh....

The div is consistent and francis is doing a good job, he take care of the minority oso...... i hope his WiMAX success although i dun agree with his business model, i thnk he is too slow, P1 is potong like hot cake now and HSBB is coming, digi oso in wireless broadband, very crowded dy but his WIMAX still not roll out yet,

Anyway he got advantage, he has $$$$ and he got a lot of $$$$$ so he can throw the money to get rid of the competitors....... kakakak cash is KING

but i bet on francis.... hope YTLPOWR continue to POWERRRRRRRR

and i continue to accumulate YTLPOWR

Long term CARG (all in , div share div ) of 15 ~ 18% i am super happy dy.....

but francis aim to give 20 to 25% long term CARG... which is warrent buffett standard.... kakakkaka

ya accumulating YTLPOWR oso, target is one year 4000 units......

if can reach 20% of wat darknight is having, veli happy oledi

the price of YTLPOWR is stable all year long, very low beta.

the div is RM 0.0375 per share. the effect is not so obvious, as it is more or less like the daily moving range dy (max-min).

YTLPOWR is for stable div and good management, any upside (capital appreciation) will depends on Francis WiMAX venture or any other new utilities project acquired.

If u are looking for long term (5 years and above) u can buy anytime, buy more if the price dropped due to overall markter downtrend.

If u are short term player, forget about YTLPOWR.

for CY 2009, YTLPOWR single tier div payment record.

(1) 20 Jan 09 : 7.5%
(2) 26 Mac 09 : 7.5%
(3) 16 Jul 09 : 7.5%
(4) 24 Dec 09 : 3.75%

for CY 2010, the Jan and Mac one oledi got, so the expection now is getting the same for Jul and Dec, any upside suprise will be YTLPOWR giving a 7.5% for Dec one

This post has been edited by mok thye yee: Feb 26 2010, 05:10 PM

It is very difficult to "move" YTLPOWR price, and i dun see any good reason that YTLPOWR price sud be moving here and there ......

To move the price down, if there is any earning deterioration or external factor. YTLPOWR utilities business is fairly stable and supported with long term concession, so unless mgmt screw up, it will not move down. for this francis deserve a .

So, as a long term investor, i just hv to wait for external factor to move the market down and do the shopping

To move the price up, u need earning enhancing asset purchased. After the singapore power plant purchase, no more purchase made by YTLPOWR. another for francis, all his purchase for YTLPOWR (Wessex, Electranet and Seraya) proven to be a good buy, due to his prudent management style, pls dun expect him to buy this and that everynow and than.

Another point to note is that there is a big chunk of super long term warrant for YTLPOWR (WA and WB), these will buffer any big upside move oso.

The next think to be carefully watch out for YTLPOWR is the WiMAX business, i do not agree with is delayed nation wide approach as we can see his competitor oledi potong like hot cake, but i hope he prove me wrong so that my investment in YTLPOWR can increase in value......

A BIG TQ to francis........... (for all the div and share div)

YTL comm is not new entrant, the spectrum is awarded together with the rest of the WiMAX players (P1, Redtone, etc). Just that YTL comm adopt a different strategy, where they go for nation wide and complete (voice + data + device) rolled out as mentioned by Francis. As the roll out strategy is deffering as compare to the MCMC requirement, there is some penalty involved as fail to meet the coverage date-line, anyway YTL is appealing to MCMC for this, but dun know wat is the outcome.

The spectrum is awarded to YTL-e but the operating entity is under YTLPOWR, the reason is very easy to see why, as most of YTL group cash is within YTLPOWR.

Industry and the investing community is waiting eagerly to see YTL Wimax rolled out. I am really sceptical about YTL Wimax business model, that's y i stop topping up YTLPOWR since last year and adopt a wait and see strategy.

I hope Francis will prove he is right again this time as in his decision to rope in Wessex water rather than end up like YTL group foray into glove business many years back.