Trading and hedging are quite diff:-

1) You hedge the costs of your materials ahead ( maybe 1 to 2 years just an example ) . You may just reflect the gain or loss .

2) Trading of oil of in Billion  could be  volatile and speculative. Even Shell or Esso could lose money by writing off high cost of stocks to market price.

3) Long term Investors prefer Operating Profit than trading ( could be speculative in nature  ) and may not in line with the core business.

4) Surprisingly, No forumer had mentioned this kind of trading before.

Just my personal view.

Aiyor, yet to get one. 

5 yrs final tariff for water and sewage by Ofwat finally out...

Wessex is still one of the best sewage company with tariff increase much better than the draft determination...

Another smooth sail for wessex for next 5 yrs.

Can download here: http://www.ofwat.gov.uk/pricereview/pr09ph...9_finalfull.pdf

Trying to figure it out too but surrender also 

Hope this answers your query.

AGM Update

1. Dividend moving forward is positive
2. Wimax will contribute significantly to the group
3. Deferred tax is accounting issue (Non cash item)
4. Seraya acquisition was abt S$140mil cheaper (due to completion adjustment)
5. Expect to continue with strong cashflow, not likely ask for rights issue.

Till next year:)

Haiz i may sell off all my bjtoto and enter 100% into ytl power 

Thanks, seraya sounds like a nice Malay girl's name...

YTLPOWR-(I) EXCHANGE OF YTL POWER FINANCE (CAYMAN) LIMITED'S 5 -YEAR ZERO COUPON GUARANTEED EXCHANGEABLE BONDS 2005/2010 INTO 9,010,308 NEW ORDINARY SHARES ("EXCHANGE OF BONDS")

(II) EMPLOYEES’ SHARE OPTION SCHEME (“SCHEME”)

(III) EXERCISE OF 727,626,506 WARRANTS 2000/2010 AND 4,004,195 WARRANTS 2008/2018 (“EXERCISE”)

http://announcements.bursamalaysia.com/EDM...AC?OpenDocument

Who is behind that?

could there be a selldown on Friday?

Can anyone interprete this?

Maybe tomolo i will buy another 19,000 units 

Yup absolutely right  if you see today closing there is a heavy selling. 

Don know why lar... i keep cannot invest into other counter after i understand them further as i will always compare with ytl power... then i will switch them back to ytl power again.... After tomolo top up my portfolio will be 100% ytl power 
Don know is it call crazy or not of stupid 

I never jump out of ytl power. never sell off. Just that i always use my money from my asx fund to go other divdend stocks and thereafter i switch to ytl power again. I am quite calculative and i am aware of the brokerage fee thats y i think tmolo is a good chance for me to do some magic trick 

Yup agree with you i promise this is my last time to top up ytl power  After i receive my dividend i will go for new counter i promise  . I will be holding 139,000 units of ytl power after this  For annual dividend of 15 sen per share. I will get around RM 20850 PER annum. Will try to get at RM 2.10 if possible then may get 20,000 unit of ytl power instead of 19,000 units.

100% ytlp ? u dumped Bjtoto already ?

tomorrow's op price should be 2.22 if my calculation is correct..

Base on dilution of more than 10%? So minus 20 sen right?
 
But we have to consider the reduce in their borrowings. So might not be so low eventhough i do hope that this will happened.

i forgot about the massive amount of new shares from warrants exercise 
usually the amount of new shares is small and hardly noticeable... but this time is a whopping 800M new shares..

one of the warrants will expire next month.. so we should expect more warrants exercise coming in this month ? 

Time for YtlPwr to move into v2. Any taker?Let's move =))

Ok thank you 

I tot there will be only single tier dividend effective from 1 January 2014?

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Added on December 7, 2009, 4:10 pm

Not much ppl can tahan this ferry lar... Even me sometimes feel want to jump to other boat also