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 YTL power, Well managed company

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skiddtrader
post Aug 25 2008, 01:43 PM

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[quote=darkknight81,Aug 24 2008, 07:29 PM]

Added on August 24, 2008, 12:53 pm
Not really, that was expected as a 1 off gain.

Windfall Tax was the un-expected thing. So far I haven't found any source or article pointing to how much they actually paid for their 1st windfall installment.
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[/quote]

http://biz.thestar.com.my/news/story.asp?f...17&sec=business

I say so base on this article. Pls go through and give your comment on this notworthy.gif
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[/quote]


Thanks for the link. Yeah that was the estimated amount of tax that is to be paid. I've seen values from RM90 mil to RM130 for YTLPOWER, so far this article provided the lowest estimated tax needed to pay. If I'm not mistaken, payments are every month so for 1 year, there are 12 payments.

A rough estimation can be made on how much they are suppose to pay base on their 1st month payments which I multiplied by 12 months to get the total tax needed to pay.

The 1st installment payments are highlighted in this article in here.
TSdarkknight81
post Aug 25 2008, 06:56 PM

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http://integrastock.blogspot.com/2008/07/u...ing-impact.html

Skidtrader you seems to be interested to this stock also? Am i right? brows.gif

This post has been edited by darkknight81: Aug 25 2008, 07:00 PM
cantdecide
post Aug 27 2008, 04:27 PM

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QUOTE(skiddtrader @ Aug 20 2008, 07:19 PM)
The cash dividend for this quarter is only 3.75 cents or RM0.0375 per share.

The windfall tax is going to shave off a good 10% of it's yearly nett profits as the estimated tax is around RM90 - 120 million.

According to The Edge Daily, YTLPOWER already paid the tax but never released the information how much they paid.
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Thanks for the correction and information. It is just my curiousity how will the windfall tax affect YTLPower since there is no such report on its payment figure and how it will impact the cash-flow, divident, etc.


QUOTE(darkknight81 @ Aug 20 2008, 08:19 PM)
As long as you are IPP you got to pay windfall tax, no one can be exempted.  sweat.gif Unless you are making a loss. But it is not logic at all... The reason behind IPP windfall tax is government is seeing IPP enjoying lucrative earnings for the past decades... thats the reason y windfall tax is being impose.

I think you better go see the source of income of YTL power before you make an assumption on the effect on windfall tax on YTL power.
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I tried TheEDGE, TheEDGE daily, local newspaper and can't seem to find any reports on YTLPower and its impact from windfall tax and hence I am here seeking more info from fellow forumers. Do you know of any other means to get those reports?


QUOTE(ahpoh @ Aug 24 2008, 09:11 PM)
share didven of 1 treasury share for every 40 existing ordinary shares
09/092008

what does it mean?
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Where did you get this info? Is it the latest round of rewarding the shareholders? Is it confirm?
TSdarkknight81
post Aug 27 2008, 07:10 PM

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QUOTE(cantdecide @ Aug 27 2008, 05:27 PM)
Thanks for the correction and information.  It is just my curiousity how will the windfall tax affect YTLPower since there is no such report on its payment figure and how it will impact the cash-flow, divident, etc.
I tried TheEDGE, TheEDGE daily, local newspaper and can't seem to find any reports on YTLPower and its impact from windfall tax and hence I am here seeking more info from fellow forumers.  Do you know of any other means to get those reports?
Where did you get this info?  Is it the latest round of rewarding the shareholders?  Is it confirm?
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If you really want to find out more about this company, you can ask your remisier. They sure got more detail info one..
The share redistribution is confirmed already . you can see it in their homepage.

http://www.ytlcommunity.com/commnews/ytlauspower.asp
TSdarkknight81
post Aug 27 2008, 07:54 PM

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http://www.theedgedaily.com/cms/content.js...151520-8573f4e5



This post has been edited by darkknight81: Aug 27 2008, 08:07 PM
Yahoo8888
post Aug 28 2008, 11:47 AM

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QUOTE(darkknight81 @ Aug 27 2008, 07:54 PM)
YTL Power shows a bit of sunshine today. Will tomorrow be a sunny day? Any idea?
TSdarkknight81
post Aug 28 2008, 12:21 PM

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QUOTE(Yahoo8888 @ Aug 28 2008, 12:47 PM)
YTL Power shows a bit of sunshine today. Will tomorrow be a sunny day? Any idea?
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Go to chinese temple and ask the bomoh brows.gif

Don speculate on this stock. IF you want to speculate, better opt for other. This stock is more like income stock which give shareholder dividend + bonus share + warrant.

This post has been edited by darkknight81: Aug 28 2008, 12:58 PM
Yahoo8888
post Aug 29 2008, 10:33 AM

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QUOTE(darkknight81 @ Aug 28 2008, 12:21 PM)
Go to chinese temple and ask the bomoh  brows.gif

Don speculate on this stock. IF you want to speculate, better opt for other. This stock is more like income stock which give shareholder dividend + bonus share + warrant.
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Different people have different kind of thinking and manipulate in share. That why in 1997, George soros been accused as a speculator that cause Malaysia economic down in 1997. As this show that different people have diff thing.

Those who wish to speculate is their choice and those who want to keep it also is their choic. And one important thing is maximizing the profit.
TSdarkknight81
post Aug 29 2008, 12:26 PM

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QUOTE(Yahoo8888 @ Aug 29 2008, 11:33 AM)
Different people have different kind of thinking and manipulate in share. That why in 1997, George soros been accused as a speculator that cause Malaysia economic down in 1997. As this show that different people have diff thing.

Those who wish to speculate is their choice and those who want to keep it also is their choic. And one important  thing is maximizing the profit.
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FYI different stock have different trend. So different ppl with different appetite will choose the stock which suit them.
Yahoo8888
post Aug 29 2008, 01:05 PM

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QUOTE(darkknight81 @ Aug 29 2008, 12:26 PM)
FYI different stock have different trend. So different ppl with different appetite will choose the stock which suit them.
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As you stated that "So different ppl with different appetite will choose the stock which suit them" that means that everybody have their choice whether to keep it or speculate it. Just want to clarify, correct me if i am wrong.


And refer to what you have posted just now, people will speculate or keep it just depend on their appetite? It sound that you are not allowing people to speculate it.



"Go to chinese temple and ask the bomoh

Don speculate on this stock. IF you want to speculate, better opt for other. This stock is more like income stock which give shareholder dividend + bonus share + warrant"



TSdarkknight81
post Aug 29 2008, 08:54 PM

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QUOTE(Yahoo8888 @ Aug 29 2008, 02:05 PM)
As you stated that "So different ppl with different appetite will choose the stock which suit them" that means that everybody have their choice whether to keep it or speculate it. Just want to clarify, correct me if i am wrong.
And refer to what you have posted just now, people will speculate or keep it just depend on their appetite? It sound that you are not allowing people to speculate it.
"Go to chinese temple and ask the bomoh 

Don speculate on this stock. IF you want to speculate, better opt for other. This stock is more like income stock which give shareholder dividend + bonus share + warrant"
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From what i see there are few types of stock

a) dividend stock which give you steady income where as the price of the stock does fluctuate much. Normally this type of stock you don expect it to goes up so much. As most of their earings repay back to share holder. So which means less growth / no more growth for the company. E.g. BAT, PUBLIC BANK, AMWAY, NESTLE, ....

b) growth stock which means this stock is more look into aggressive growth. Which means the earnings will more likely be kept by the company and used for reinvestment for their company future expansion.E.g Air asia, Genting, , IOI,,, They will / will not give dividend but very less.

Some stock maybe combination of both.

YTL power earning is quite steady and if you can see the price does not fluctuate much. Thats y i means don expect this stock to climb up out of a sudden. The recent go down of this stock is due to IPP windfall tax. So you cun expect it to go up so soon i mean. There is one possibility which is the bidding of senoko plant by ytl power provided it can win the bid.

This post has been edited by darkknight81: Aug 29 2008, 08:57 PM
TSdarkknight81
post Sep 2 2008, 12:31 PM

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http://ytlcommunity.com/commnews/shownews.asp?newsid=40423
skiddtrader
post Sep 3 2008, 11:05 AM

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http://www.bloomberg.com/apps/news?pid=206...4yQs&refer=asia

Latest news about the possible acquisition by YTLPOWER.
Yahoo8888
post Sep 3 2008, 01:15 PM

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News stated that all companies under IPP have paid their windfall tax on the 14/08/08 with the figures been shown. However, YTL Power was the one that did not announced how much the windfall tax that been hmm.gif paid.

Ada udang di sebalik Batu/Mee? blink.gif
TSdarkknight81
post Sep 3 2008, 01:22 PM

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QUOTE(Yahoo8888 @ Sep 3 2008, 02:15 PM)
News stated that all companies under IPP have paid their windfall tax on the 14/08/08 with the figures been shown. However, YTL Power was the one that did not announced how much the windfall tax that been  hmm.gif paid. 

Ada udang di sebalik Batu/Mee? blink.gif
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IPP windfall tax now won affect the share price of YTL power so much as i think it is over. Now is on how they gonna use pile of cash they have to do any aquisition.


Added on September 3, 2008, 1:26 pm
QUOTE(skiddtrader @ Sep 3 2008, 12:05 PM)
http://www.bloomberg.com/apps/news?pid=206...4yQs&refer=asia

Latest news about the possible acquisition by YTLPOWER.
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Thanks for your update. So far still not clear who got the bids yet. sweat.gif

This post has been edited by darkknight81: Sep 3 2008, 01:26 PM
Yahoo8888
post Sep 3 2008, 01:45 PM

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QUOTE(darkknight81 @ Sep 3 2008, 01:22 PM)
IPP windfall tax now won affect the share price of YTL power so much as i think it is over. Now is on how they gonna use pile of cash they have to do any aquisition.


Added on September 3, 2008, 1:26 pm

Thanks for your update. So far still not clear who got the bids yet.  sweat.gif
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The tender for selling off Senoko Power by Temasek will be due tomorrow, kindly refers to address follow icon_rolleyes.gif :
(Sorry as the statement shown under Mandarin) icon_rolleyes.gif For our beloved YTL Power laugh.gif

http://www.nanyang.com/index.php?ch=7&pg=12&ac=879552
cantdecide
post Sep 3 2008, 02:22 PM

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QUOTE(skiddtrader @ Sep 3 2008, 11:05 AM)
http://www.bloomberg.com/apps/news?pid=206...4yQs&refer=asia

Latest news about the possible acquisition by YTLPOWER.
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QUOTE(Yahoo8888 @ Sep 3 2008, 01:45 PM)
The tender for selling off Senoko Power by Temasek will be due tomorrow, kindly refers to address follow icon_rolleyes.gif :
(Sorry as the statement shown under Mandarin)  icon_rolleyes.gif  For our beloved YTL Power  laugh.gif

http://www.nanyang.com/index.php?ch=7&pg=12&ac=879552
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They have been talking about this acquisition for quite some time. It might be a good catalyst to boast YTLPower share price only if they won the deal. Look at the heavyweights bidding for the job, it might be a tough battle. Perhaps it is a good thing to monitor when Termasek will annouce the winner and go in to try your luck (like gambling) then pray hard that YTLPower win!

The IPP windfall tax really is killing me as I am still too worry to enter even if YTLPower is at RM1.70 though I know this is really a good price. Sigh. Hate uncertainties caused by the government.
Yahoo8888
post Sep 3 2008, 02:46 PM

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QUOTE(cantdecide @ Sep 3 2008, 02:22 PM)
They have been talking about this acquisition for quite some time.  It might be a good catalyst to boast YTLPower share price only if they won the deal.  Look at the heavyweights bidding for the job, it might be a tough battle.  Perhaps it is a good thing to monitor when Termasek will annouce the winner and go in to try your luck (like gambling) then pray hard that YTLPower win!

The IPP windfall tax really is killing me as I am still too worry to enter even if YTLPower is at RM1.70 though I know this is really a good price.  Sigh.  Hate uncertainties caused by the government.
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Ya. Agree with you. Now only need to wait and hopefully YTL Power will win the bid.

With the substantial amount of buying and selling estimated shown in the news, surely tis will help the share price to soar if YTL Power win. nod.gif



TSdarkknight81
post Sep 3 2008, 08:29 PM

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Since Wessex water contributed 70% of YTL power income, then does that means during RM weaken then the earings of YTL power will increase due to conversion of pound to RM?

YTL power can hedge against weaken in RM also during RM weaken (provided Pound maintain its value). Pls comment.

This post has been edited by darkknight81: Sep 5 2008, 09:28 PM
skiddtrader
post Sep 6 2008, 01:58 AM

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YTLPOWER did not win the bid for Senoko Power.

SENOKO POWER SOLD


Added on September 6, 2008, 2:01 am
QUOTE(darkknight81 @ Sep 3 2008, 08:29 PM)
Since Wessex water contributed 70% of YTL power income, then does that means during RM weaken then the earings of YTL power will increase due to conversion of pound to RM?

YTL power can hedge against weaken in RM also during RM weaken (provided Pound maintain its value). Pls comment.
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Yup, that's true. As the profits from WW is in pounds, and RM weakening might actually boosts profits. But keep in mind that their debts in Pounds would also increase.

This post has been edited by skiddtrader: Sep 6 2008, 02:02 AM

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