Got my cheque today!

Of course

It's the norm.
It would have been worse if you've only bought less than 50 shares.

This post has been edited by simplesmile: Dec 31 2009, 06:18 PM

Finally I had to sell my YTLP to raise money to buy a property. Sad to sell YTLP, but at the same time happy to buy the property.

Thanks. It's an office unit, slightly less than 1,000 sf.

Hi. Why acquisition? I thought YTLP needs to keep the cash to finance to Wimax rollout?

I've saved up some money over the last few months. I'd like to buy some YTLP instead of putting into FD. What's a good price to enter? I read the "Announcement" and see alot of conversion from dunno what to mother shares. So... any estimate of the fair value per share now?

Sorry, I've been out of the stock market forum for 3 months now. A bit lose touch with the news around here.

Thanks for the insights.
At the same time, I've read that the Ringgit has been appreciating strongly against the GBP and also the SGD in recent weeks. Perhaps this will have a negative impact on the stock price?

True, but the assets denominated in the foreign currencies will also be lower, hence net effect is negligible.
As for repayment, the ups or downs of FX has no effect of repayment. Because the money used to pay the repayment is generated from their own currencies as well. Eg. Earn in GBP, pay in GBP. There's only effect if use MYR to pay GBP.

Hahahaha, might turn out to be EPF left hand selling to the right hand.

"Overhang or concerns from Wimax. YTLP plans to invest M$2.5B in Wimax over the next 3-5 years. Of this, M$500MM will be equity funded from its gross cash of M$7B. The remaining M$2B will be debt funded where suppliers (Samsung, Cisco) will only be paid after 1MM subscribers are achieved, with full repayment based on 14MM subscribers. In view of this, management indicated that dividends will not be at risk unless the group makes new acquisitions."

So YTLP is taking a stake in which company? How much equity is 500mil? 20%? 50%? What are the terms of the 2billion debt? 6% interest per annum?

maybe it'll be 1.88 + 1.88 + 1.88 + 1.88 ... 0.0752/1.95 = 3.9%
The YTL people kept saying that the venture into Wimax will not affect the dividend payout. But now we know they were lying.

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.

Are you sure? I thought I remember YTLPWR trading at around RM1.20 during the last financial crisis.

No. I meant the 2008/2009 crisis. I remember the price going down to as low as RM1.20. Then the price surged to RM1.70/RM1.90 after the annoucement of Power Seraya.

I see. Then I must have mixed up the pricing of YTLP with another stock.

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Added on September 25, 2011, 3:34 pmBy the way, how's the wimax doing for YTLP?

This post has been edited by simplesmile: Sep 25 2011, 03:34 PM

Does anybody think this Wimax business will ever make any profit in the next 10 years?
The last quarterly dividend is a joke. Less than 1 sen a share.

This post has been edited by simplesmile: Apr 28 2012, 11:13 PM

Anybody eyeing the WB warrant?

I'm eyeing the WB too. But too bad YTLP went into Wimax business. It's not clear when this part of the business losses has peaked yet or not. To gain market share from the 3 telcos and TM then YES must do something out of the ordinary.