Checking in!

New year new hope.

Whevener you queue an order, that's the risk you exposed yourself to. You can't say its not right because you were ignorant of the rules.

I do recommend you buy or sell from the current queues if you want to prevent it from happening in the future. Which is common in low volume shares or whenever you queue a few ticks above/below the current trading band of any counter.

Happen to some other forumers last time who queue to buy a penny stock which is less than 20 sens per share. End up only 1 lot was sold to him, and he still needed to pay the minimum transaction fee. So for RM20 worth of stock, he needed to pay at least RM40 bucks in charges. Suffice to say, he didn't make the same mistake again.

This coming Monday is the ex-date for the January dividend, payment will be on 21st January.

I assume you are talking about section A7 on the report under segmental reporting. It's not double, rather the sum shown is the accumulated value over 6 months.

Yeah it's single tier, meaning taxed at company level.

1. Anything below RM2.10 IMO.
2. Yes
3. Nope, not worth to buy just for dividend as the price will be inflated after a dividend announcement. Buy after dividend when the hype is over if you plan a long term investment. Then let it sleep as you collect every quarter.
4. RM37.50

IMO = In My Opinion

Really don't know the answer to that question. All depends on market.

So far in terms of capital appreciation, its minimal. Dividend has been consistent though.

Almost every quarter, I believe 3rd quarter there is no dividend.

7.5% is based on par value, which comes to 0.0375 sens a share.

If we look at the figures in the latest quarter, Power Seraya is now contributing significantly. Compared to last quarter it only made RM59mil which is half of what we expect, this quarter it is reported that they made RM128 mil which is more in line with expectations.

As some of you YTLPOWER fans know, we calculated that Power Seraya may contribute as much as RM400 mil per year to YTLPOWER net profit. RM128 mil a quarter is a really a fantastic performance for Power Seraya. If they keep this up, we might see an EPS improvement of at least 30%. In other words, stock price have some room for improvement.

RM188 mil is the accumulated value which includes last quarters RM59 mil. Thus this quarter it contributes about RM128 mil. All the values are not quarterly but year to date, thus values are sometimes 2 times of last quarters value simply because it adds to it. So its more like 116% increase.

Calm, can share what is it that spooked you?

I'll share something I intepreted from the report.

The EPS this quarter is not very accurate. Mainly because the 750 mil shares converted from the WA in the last quarter is not fully represented in the report. It only shows 350 mil shares added to the overall share outstanding which allow the EPS to show a 10% increase. However if you add the balance 400 mil shares, the EPS will be diluted to 3.77 sens per share which is lower than previous quarter.

NTA did increase though as they rake in the cash from the last batch of WA conversions, almost RM900 mil of cash acquired from the shareholders in the last quarter.

This post has been edited by skiddtrader: Mar 1 2010, 10:05 PM

I think you'll get your chance again in a few weeks. Although YTLPOWER is slightly higher, there is always a chance of a dip again.

Haha I think a lot of YTLPOWER's investors would like to have as much as darkknight.

Haha good one Whizzer!

Their total shares is almost 6.7 bil shares outstanding. 13 mil new shares is like a drop in the swimming pool. Don't worry, will have no effect whatsoever.

Really don't know. I only suspect its because their Power Seraya 800MW co-gen unit is already running from January, so this quarter will be seeing some contribution from it. But actually I was expecting YTLPOWER to drop even more due to GBP, was already planning to add bit more to make a round number for my holdings.

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Added on March 10, 2010, 2:57 pmThey only have about 50+ mil shares as treasury at the moment, so it is unlikely.

This post has been edited by skiddtrader: Mar 10 2010, 02:57 PM

I think you are right about them paying debts. They have some expiring bonds soon this year so will need cash to settle those. Actually if they settle a lot of their interest bearing borrowings, their gearing will go down a lot but then who knows what they are planning with all the cash.

Wah at last some news of their water ventures. Though its not very specific yet what they are suppose to do.