1. You can get EPS track records from the previous annual financial report.
2. Exercise of warrant to mother shares / distribution of new shares will dilute the EPS as the number of share increased whereas the company earnings still the same. Therefore EPS is diluted.

Pursuant to Paragraph 9.19(23) of the Listing Requirements, the Board of Directors of YTL Power International Berhad ("YTL Power” or “the Company") wishes to announce that its indirect wholly-owned subsidiary, Wessex Water Enterprises Limited (“WWEL”), has subscribed for the following:-

(i) 100 shares of £1.00 each representing the entire issued and paid-up share capital of Wessex Electricity Utilities Limited (“WEUL”) for £100 in cash;
and
(ii) 100 shares of £1.00 each representing the entire issued and paid-up share capital of Wessex Gas Utilities Limited (“WGUL”) for £100 in cash.

(collectively, “the Subscriptions”)

As a result of the Subscriptions, WEUL and WGUL have become indirect subsidiaries of YTL Power.

WEUL and WGUL are private limited companies incorporated in the England and Wales, each with authorised share capital of £1,000 comprising 1,000 shares of £1.00 each. WEUL and WGUL will be principally involved in the ownership and operation of gas and electricity infrastructure.
                      From the paragraph above seems like they may use the strong ringgit to invest in Europe. Maybe just to keep that option open. Since the businesses are named after Wessex, the orang putih won't feel bad, we buy over their corporation's.

At the moment those two new entities are "kosong" or just shells, until the Mother, Wessex Water expands into Electricity and Gas distribution in the U.K. or other Euro countries then they can do so using these new names that sound more appropriate for those kind of businesses.

Aiyo, I just bought in October, meaning I missed ah ? So how ah ? Got to wait next year ?

What about treasury shares they are holding  ?  needed for future expansion ?

So long they do not come back once a year ( 2 years ) to ask you for more money ( right issues ), then not a big issue.

Convertible loan stock is good in the sense that it drains less on Cash piles.

Any default on loan would send prices down ( like KNM ).

With the good , bad and ugly all falling, better to wait at the sidelines.

Some good counters look very attractive, such as YTLPOWR and WB, Resorts, Genting, some plantation stocks like HSPLANT and quite a few others.

But the problem at the moment is they continue to fall!!

A famous investor of the old era was once asked of his trading secret and he said " knowing when to keep my hands in my pocket".

At the moment that's what I am doing. Invested some but not too much, with 30%.

Doesn't mean anything to me. If you valuate in GBP, the company is still worth the same. And I rather valuate it in GBP rather than RM. Currency exchanges will balance out in the end. No need to worry about it because their loans are in GBPs, so they are hedge against the currency. Their earnings are also in GBP and their loan payments are also in GBP. The higher or lower the GBP  against the RM is has nothing to do whether or not the company is worth more or not, because in terms of GBP, it is still worth the same.

Ask yourself, if someone in Europe or the world would want to valuate the Wessex Water business, would they valuate it in RM or GBP?

Yes, valuation in GBP still the same.

But for accounting purposes and real transalation into profit, it would be less in term of RM which by any accounting standard, YTLpower need to realise it in term of RM wise as it is reporting in RM financial book.

Valuation can remain the same, if company doesn't opt to revalue it in their balance sheet, but profit wise can't.

Yes, for fixed asset under balance sheet, if company doesn't opt for revaluation, it can stay at same valuation figure.

Aussie & NZ no good for the last few month and potential in near future. But over the last few decade, RM actually depreciated against them even at current 2.3-2.4 level.

With this statement, it has already showed that having diversificaiton of asset in others developed countries in the denomination of major currencies is indeed a need.

I have a question. What happens when a warrant price has dissapeared from the radar, meaning to say it has gone to zero and later the mother share rises again from the ashes, does the warrant become valuable again or is it toilet paper for good, meaning to say it has been flushed down the toilet and it is gone forever.

I know that doesn't make sense, but just want to confirm.

No, I disagree on this factor (not mean GBP won't rise or plunge), just olympic or not won't be a major factor in determine the currency, economy or stock market. It has to do with macro-economy and external factor. Currency is sensitive to interest rate and economy growth and health of country financial situation. It (olympic) has some stimulus effect but it is not the major driving force.

We had enough previous myth or popular talk of buying China stocks because of Olympics, which I find a lame excuse long before. Sorry no offence.
As long as the warrant has not expired, then yes.
Even at 0.005, it is still not make sense to sell in few lots. 10 lots (x100) x 0.005 = Rm5., minus min commission (Rm8.88 or Rm12 or Rm28 or Rm40), you still ended up with -ve figure.  What for?