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YTL / Yeoh Tiong Lay
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YTL / Yeoh Tiong Lay
by iam802 » Wed May 11, 2011 10:42 am
1. Always wait for the setup. NO SETUP; NO TRADE
2. The trend will END but I don't know WHEN.
TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
2. The trend will END but I don't know WHEN.
TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
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Re: YTL
by winston » Thu Jun 05, 2014 5:53 pm
CIMB Research upgrades YTL Corp to Add
PETALING JAYA: CIMB Research has upgraded YTL Corp to Add from Hold, with the target price revised to RM2.42 per share from RM1.94 on a revaluation of the company’s cement business to better reflect its position as a key growth catalyst.
The research house has also upgraded earnings per share forecasts by 6% to 8% after factoring in construction earnings from the recent Track 4A concession to a consortium led by YTL Power.
It said after many years expanding its global footprint, YTL Corp has shifted focus back to the home front to reap the value of its investments across the infrastructure cycle, spurred by the Economic Transformation Programme.
“Our recent meetings with management underscored the theme of YTL Corp shifting its focus from growth-via-acquisition abroad to growth-via-execution at home,” it said.
It added that “construction is poised to be a new powerful earnings catalyst” for the company. This has been kicked off with the recent RM6bil Track 4A independent power plant award, and its orderbook could swell further with the possible RM8bil express rail link (ERL) extension to Malacca and the RM30bil high-speed rail project to Singapore.
CIMB Research said YTL Corp’s valuations, at 10.3 times financial year ending June 30, 2015 price-to-earnings, were among the cheapest among regional conglomerates.
“Valuations are compelling, taking into account further potential earnings upside coming from a growing orderbook, higher passenger numbers on the ERL to KLIA2, and the turnaround of the 4G mobile broadband division with the roll out of TD-LTE services over the next two years,” it pointed out.
Source: The Star
PETALING JAYA: CIMB Research has upgraded YTL Corp to Add from Hold, with the target price revised to RM2.42 per share from RM1.94 on a revaluation of the company’s cement business to better reflect its position as a key growth catalyst.
The research house has also upgraded earnings per share forecasts by 6% to 8% after factoring in construction earnings from the recent Track 4A concession to a consortium led by YTL Power.
It said after many years expanding its global footprint, YTL Corp has shifted focus back to the home front to reap the value of its investments across the infrastructure cycle, spurred by the Economic Transformation Programme.
“Our recent meetings with management underscored the theme of YTL Corp shifting its focus from growth-via-acquisition abroad to growth-via-execution at home,” it said.
It added that “construction is poised to be a new powerful earnings catalyst” for the company. This has been kicked off with the recent RM6bil Track 4A independent power plant award, and its orderbook could swell further with the possible RM8bil express rail link (ERL) extension to Malacca and the RM30bil high-speed rail project to Singapore.
CIMB Research said YTL Corp’s valuations, at 10.3 times financial year ending June 30, 2015 price-to-earnings, were among the cheapest among regional conglomerates.
“Valuations are compelling, taking into account further potential earnings upside coming from a growing orderbook, higher passenger numbers on the ERL to KLIA2, and the turnaround of the 4G mobile broadband division with the roll out of TD-LTE services over the next two years,” it pointed out.
Source: The Star
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Yeoh Tiong Lay
by winston » Thu Feb 25, 2016 8:58 am
13 Images of Malaysia Billionaire YTL Family Mansion Went Viral
by Calvin Ng
Yeoh Tiong Lay is a Malaysian business tycoon. He founded YTL Corporation, Malaysia’s largest conglomerate, with interests in construction, utilities, hotels, property development and technology.
YTL is based primarily in Malaysia but has extensive operations in Asia, Australia and the United Kingdom, where it owns the utility Wessex Water. YTL Corp has over RM12 billion in cash.
Source: The Coverage
http://thecoverage.my/lifestyle/13-imag ... 7735797380
by Calvin Ng
Yeoh Tiong Lay is a Malaysian business tycoon. He founded YTL Corporation, Malaysia’s largest conglomerate, with interests in construction, utilities, hotels, property development and technology.
YTL is based primarily in Malaysia but has extensive operations in Asia, Australia and the United Kingdom, where it owns the utility Wessex Water. YTL Corp has over RM12 billion in cash.
Source: The Coverage
http://thecoverage.my/lifestyle/13-imag ... 7735797380
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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- Joined: Wed May 07, 2008 9:28 am
Re: YTL / Yeoh Tiong Lay
by winston » Sat Feb 04, 2017 10:30 pm
TAN SRI YEOH TIONG LAY
Flagship: YTL Corp Bhd
Net worth: RM10bil
YTL Corp Bhd, a conglomerate with exposure from properties-to-utilities took private YTL e-Solutions Bhd last year.
To recap, YTL, which already owned 74% in the wireless broadband network operator, made an offer to privatise the company at 55 sen per share through a voluntary share exchange offer.
The group said the exercise was to create a more cohesive and efficient operating structure.
YTL e-Solutions was listed in 2002, but its trading activity remained tepid.
About five years ago, it privatised its cement arm in a move to consolidate its business structure to offer better value to shareholders. YTL Corp has two remaining subsidiaries listed on Bursa Malaysia. They are utility arm YTL Power International Bhd and property development unit YTL Land and Development Bhd.
YTL Power in turn wholly owns UK-based wastewater solutions provider Wessex Water and Singapore’s utility company PowerSeraya Ltd, plus has a 35% interest in Indonesia’s power station owner Java Power.
YTL Corp also has two real estate investment trusts – one listed in Singapore and the other in Malaysia.
The group derives most of its earnings from its utilities business in Malaysia, Singapore, Indonesia, Australia and the UK that collectively accounts for two-thirds of its revenue.
Last year, the cash-rich group made three new hospitality asset acquisitions in the UK for an undisclosed sum, growing its portfolio to 29 properties globally.
It was reported that the new acquisitions are The Glasshouse Hotel in Edinburgh, Monkey Island retreat in Berkshire, and The Academy Hotel in London, This week, YTL Hotels said it was buying Threadneedles Hotel, a five-star boutique hotel in London.
YTL Hotels also co-owns the Eastern & Oriental Express luxury train.
YTL Corp is embarking on a on a US$2.7bil (RM11.6bil) 1,320MW coal-fired power plant project in Cirebon, West Jawa – its second investment in Indonesia.
The Yeoh family, led by patriarch Tiong Lay, owns 52.7% stake in YTL Corp. Tiong Lay, who serves as group executive chairman handed over the reins to Tan Sri Francis Yeoh in 1978.
Source: The Star
Flagship: YTL Corp Bhd
Net worth: RM10bil
YTL Corp Bhd, a conglomerate with exposure from properties-to-utilities took private YTL e-Solutions Bhd last year.
To recap, YTL, which already owned 74% in the wireless broadband network operator, made an offer to privatise the company at 55 sen per share through a voluntary share exchange offer.
The group said the exercise was to create a more cohesive and efficient operating structure.
YTL e-Solutions was listed in 2002, but its trading activity remained tepid.
About five years ago, it privatised its cement arm in a move to consolidate its business structure to offer better value to shareholders. YTL Corp has two remaining subsidiaries listed on Bursa Malaysia. They are utility arm YTL Power International Bhd and property development unit YTL Land and Development Bhd.
YTL Power in turn wholly owns UK-based wastewater solutions provider Wessex Water and Singapore’s utility company PowerSeraya Ltd, plus has a 35% interest in Indonesia’s power station owner Java Power.
YTL Corp also has two real estate investment trusts – one listed in Singapore and the other in Malaysia.
The group derives most of its earnings from its utilities business in Malaysia, Singapore, Indonesia, Australia and the UK that collectively accounts for two-thirds of its revenue.
Last year, the cash-rich group made three new hospitality asset acquisitions in the UK for an undisclosed sum, growing its portfolio to 29 properties globally.
It was reported that the new acquisitions are The Glasshouse Hotel in Edinburgh, Monkey Island retreat in Berkshire, and The Academy Hotel in London, This week, YTL Hotels said it was buying Threadneedles Hotel, a five-star boutique hotel in London.
YTL Hotels also co-owns the Eastern & Oriental Express luxury train.
YTL Corp is embarking on a on a US$2.7bil (RM11.6bil) 1,320MW coal-fired power plant project in Cirebon, West Jawa – its second investment in Indonesia.
The Yeoh family, led by patriarch Tiong Lay, owns 52.7% stake in YTL Corp. Tiong Lay, who serves as group executive chairman handed over the reins to Tan Sri Francis Yeoh in 1978.
Source: The Star
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: YTL / Yeoh Tiong Lay
by winston » Wed Jan 17, 2018 2:52 pm
not vested
CIMB Research optimistic on YTL Corp securing HSR contract
by Wong Ee Lin
Source: The Edge
http://www.theedgemarkets.com/article/c ... r-contract
CIMB Research optimistic on YTL Corp securing HSR contract
by Wong Ee Lin
CIMB Research explained the OpCo tenders would be more relevant to YTL Corp, given its experience in the 45%-owned Express Rail Link (ERL) — the sole domestic high speed rail service concession built at only RM35 million per km cost — arguably the lowest cost in the region.
Even excluding HSR, the group is targeting a significant jump in outstanding order book of up to RM12 billion, from RM400 million currently.
CIMB Research has maintained its "Add" call on YTL Corp. However, it has raised its Revalued Net Asset Valuation (RNAV)-based target price to RM1.69 on account of lower RNAV discount of 10% to reflect the renewed construction outlook in 2018.
Source: The Edge
http://www.theedgemarkets.com/article/c ... r-contract
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
- Posts: 110258
- Joined: Wed May 07, 2008 9:28 am
Re: YTL / Yeoh Tiong Lay
by winston » Mon Jan 22, 2018 8:18 am
not vested
Surprise railway win for YTL
Monday, 22 Jan 2018
by Daniel Khoo
PETALING JAYA: Among the many railway construction contracts that have been dished out of late, one in particular stands out from the rest.
This is because the recent construction contract for the Gemas-Johor Baru work package was awarded to YTL Corp Bhd, a company which has not been active in the local rail scene of late.
YTL did build the Express Rail Link (ERL) infrastructure back in 1996, but it has been quiet on this front, especially when the numerous rail projects were announced in the past three years.
YTL is immediately seen as a very attractive proxy to the very active construction sector with the recent clinching of the railway contract, and investors have stealthily piled on into the price action.
The company had in December last year secured a package for the [b]RM8.6bil Gemas-Johor Baru [/b]electrified double-tracking railway project.
The Gemas-Johor Baru double-tracking project involves the construction of 197km of double tracks, stations, electric trains, depots, land viaduct, bridges, and electrification and signalling systems.
The project, which was delayed due to land acquisition issues along the route, is now finally taking off.
According to reports, the project will take around two years to complete.
The impact on the stock is clear, as MIDF Research said that even if YTL scored just 50% of the work packages (or RM4.3bil), the impact on its construction revenue and profit could be substantial.
“YTL’s construction revenue and earnings have been very dismal in the past few years, with a financial year 2016/17 (FY16/17) revenue of RM112mil/RM145mil and RM13mil/RM57mil in pre-tax profit. The Gemas-Johor Baru project win could easily more than quadruple YTL’s current order book of RM1bil (comprising mostly internal jobs at present),” the research house said.
The company’s construction division has mainly been boosted by its own pipeline of property development and infrastructure works within the group’s other core activities, its annual report stated.
MIDF Research said that assuming a four-to-five-year construction period and assuming YTL secures 50% of the total project value, incremental construction revenue could average around RM1bil per year, while profits after tax (assuming a typical 9% profit margin for rail-related jobs and a four-year construction period) could be enhanced by around RM90mil per annum, a quantum leap versus what the construction unit is generating.
“At the group level, the impact on profit after taxes could be between 8%-10%; construction earnings’ contribution to the group could increase from 3% currently to 8%. This is assuming no third party takes up a stake in the job,” it said.
Reports also said that the company is also looking to take part in the KL-Singapore high-speed rail project, and could be a strong contender for the project if its bid is competitive.
CIMB Research said it was optimistic about YTL’s chances when bidding for the HSR rail operating company (OpCo) tender.
“The OpCo tender, once it is called, would be more relevant to YTL, in our view, given its experience in the 45%-owned ERL – the sole domestic HSR service concession built at only RM35mil per km cost - arguably the lowest cost in the region,” CIMB Research added.
The research house said that even if the potential HSR project was excluded from its forecast, the group is targeting a significant jump in its outstanding order book of up to RM12bil (from RM400mil).
It is also anticipating an official announcement on the Gemas-Johor Baru project contract to be made by YTL soon, once the details of the contract are finalised.
MIDF Research and CIMB Research are positive on the recent developments and have maintained their “buy” call on YTL.
MIDF Research said it has kept its sum of parts-derived target price of RM1.40 per share,pending official announcements from the group.
CIMB Research, meanwhile, has trimmed its FY18-FY20 forecast earnings per share due to housekeeping. Despite that, it has raised its revised net asset value (RNAV)-based target price to RM1.69 as it narrowed its RNAV discount from 20% to 10% to reflect the renewed construction outlook in 2018.
Source: The Star
https://www.thestar.com.my/business/bus ... VWZSfzH.99
Surprise railway win for YTL
Monday, 22 Jan 2018
by Daniel Khoo
PETALING JAYA: Among the many railway construction contracts that have been dished out of late, one in particular stands out from the rest.
This is because the recent construction contract for the Gemas-Johor Baru work package was awarded to YTL Corp Bhd, a company which has not been active in the local rail scene of late.
YTL did build the Express Rail Link (ERL) infrastructure back in 1996, but it has been quiet on this front, especially when the numerous rail projects were announced in the past three years.
YTL is immediately seen as a very attractive proxy to the very active construction sector with the recent clinching of the railway contract, and investors have stealthily piled on into the price action.
The company had in December last year secured a package for the [b]RM8.6bil Gemas-Johor Baru [/b]electrified double-tracking railway project.
The Gemas-Johor Baru double-tracking project involves the construction of 197km of double tracks, stations, electric trains, depots, land viaduct, bridges, and electrification and signalling systems.
The project, which was delayed due to land acquisition issues along the route, is now finally taking off.
According to reports, the project will take around two years to complete.
The impact on the stock is clear, as MIDF Research said that even if YTL scored just 50% of the work packages (or RM4.3bil), the impact on its construction revenue and profit could be substantial.
“YTL’s construction revenue and earnings have been very dismal in the past few years, with a financial year 2016/17 (FY16/17) revenue of RM112mil/RM145mil and RM13mil/RM57mil in pre-tax profit. The Gemas-Johor Baru project win could easily more than quadruple YTL’s current order book of RM1bil (comprising mostly internal jobs at present),” the research house said.
The company’s construction division has mainly been boosted by its own pipeline of property development and infrastructure works within the group’s other core activities, its annual report stated.
MIDF Research said that assuming a four-to-five-year construction period and assuming YTL secures 50% of the total project value, incremental construction revenue could average around RM1bil per year, while profits after tax (assuming a typical 9% profit margin for rail-related jobs and a four-year construction period) could be enhanced by around RM90mil per annum, a quantum leap versus what the construction unit is generating.
“At the group level, the impact on profit after taxes could be between 8%-10%; construction earnings’ contribution to the group could increase from 3% currently to 8%. This is assuming no third party takes up a stake in the job,” it said.
Reports also said that the company is also looking to take part in the KL-Singapore high-speed rail project, and could be a strong contender for the project if its bid is competitive.
CIMB Research said it was optimistic about YTL’s chances when bidding for the HSR rail operating company (OpCo) tender.
“The OpCo tender, once it is called, would be more relevant to YTL, in our view, given its experience in the 45%-owned ERL – the sole domestic HSR service concession built at only RM35mil per km cost - arguably the lowest cost in the region,” CIMB Research added.
The research house said that even if the potential HSR project was excluded from its forecast, the group is targeting a significant jump in its outstanding order book of up to RM12bil (from RM400mil).
It is also anticipating an official announcement on the Gemas-Johor Baru project contract to be made by YTL soon, once the details of the contract are finalised.
MIDF Research and CIMB Research are positive on the recent developments and have maintained their “buy” call on YTL.
MIDF Research said it has kept its sum of parts-derived target price of RM1.40 per share,pending official announcements from the group.
CIMB Research, meanwhile, has trimmed its FY18-FY20 forecast earnings per share due to housekeeping. Despite that, it has raised its revised net asset value (RNAV)-based target price to RM1.69 as it narrowed its RNAV discount from 20% to 10% to reflect the renewed construction outlook in 2018.
Source: The Star
https://www.thestar.com.my/business/bus ... VWZSfzH.99
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
- Posts: 110258
- Joined: Wed May 07, 2008 9:28 am
Re: YTL / Yeoh Tiong Lay
by winston » Fri May 25, 2018 8:09 am
not vested
YTL Corp posts RM298mil net profit
KUALA LUMPUR: YTL Corp Bhd reported a lower net profit of RM298.15mil in the third quarter ended March 31, 2018 compared with RM439.19mil recorded in the previous corresponding period.
Revenue, however, rose to RM3.88bil from RM3.72bil previously.
In a filing with Bursa Malaysia, it said for the nine months under review, the group recorded a lower net profit of RM908.63mil, down from RM1.01bil registered in the same period in 2017, while revenue expanded to RM11.71bil from RM10.83bil, previously.
“The construction segment saw an increase in revenue due to better site progress while cement manufacturing and trading's revenue was up on higher sales volume from all divisions,” YTL Corp said.
The Fennel and Dahlia developments , undertaken by Sentul Raya Sdn Bhd and PYP Sdn Bhd, respectively, are about to be completed as such progress billings were lower in the quarter under review which resulted in reduced group revenue.
“The U-Thant project undertaken by Budaya Bersatu Sdn Bhd also recorded lower revenue as the project is nearing completion,” it added.
Source: Bernama
https://www.thestar.com.my/business/bus ... OADeOTG.99
YTL Corp posts RM298mil net profit
KUALA LUMPUR: YTL Corp Bhd reported a lower net profit of RM298.15mil in the third quarter ended March 31, 2018 compared with RM439.19mil recorded in the previous corresponding period.
Revenue, however, rose to RM3.88bil from RM3.72bil previously.
In a filing with Bursa Malaysia, it said for the nine months under review, the group recorded a lower net profit of RM908.63mil, down from RM1.01bil registered in the same period in 2017, while revenue expanded to RM11.71bil from RM10.83bil, previously.
“The construction segment saw an increase in revenue due to better site progress while cement manufacturing and trading's revenue was up on higher sales volume from all divisions,” YTL Corp said.
The Fennel and Dahlia developments , undertaken by Sentul Raya Sdn Bhd and PYP Sdn Bhd, respectively, are about to be completed as such progress billings were lower in the quarter under review which resulted in reduced group revenue.
“The U-Thant project undertaken by Budaya Bersatu Sdn Bhd also recorded lower revenue as the project is nearing completion,” it added.
Source: Bernama
https://www.thestar.com.my/business/bus ... OADeOTG.99
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 110258
- Joined: Wed May 07, 2008 9:28 am
Re: YTL / Yeoh Tiong Lay
by winston » Wed May 30, 2018 2:39 pm
not vested
Yeoh Tiong Lay & Sons ups YTL Corp stake to 49.059%
by Chong Jin Hun
KUALA LUMPUR (May 30): YTL Corp Bhd said Yeoh Tiong Lay & Sons Holdings Sdn Bhd has raised its stake to 49.059% in diversified group YTL Corp, after acquiring 10 million shares on Monday (May 28, 2018).
In a statement to Bursa Malaysia today, YTL Corp said Yeoh Tiong Lay & Sons' 49.059% stake comprises 5.27 billion shares in YTL Corp. At 12:06pm, YTL Corp shares fell 7.5 sen or 7% to 94.5 sen, for a market value of RM10.16 billion.
YTL Corp saw some 48 million shares transacted. The businesses of YTL Corp include construction, property and hotels.
Source: The Edge
http://www.theedgemarkets.com/article/y ... take-49059
Yeoh Tiong Lay & Sons ups YTL Corp stake to 49.059%
by Chong Jin Hun
KUALA LUMPUR (May 30): YTL Corp Bhd said Yeoh Tiong Lay & Sons Holdings Sdn Bhd has raised its stake to 49.059% in diversified group YTL Corp, after acquiring 10 million shares on Monday (May 28, 2018).
In a statement to Bursa Malaysia today, YTL Corp said Yeoh Tiong Lay & Sons' 49.059% stake comprises 5.27 billion shares in YTL Corp. At 12:06pm, YTL Corp shares fell 7.5 sen or 7% to 94.5 sen, for a market value of RM10.16 billion.
YTL Corp saw some 48 million shares transacted. The businesses of YTL Corp include construction, property and hotels.
Source: The Edge
http://www.theedgemarkets.com/article/y ... take-49059
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 110258
- Joined: Wed May 07, 2008 9:28 am
Re: YTL / Yeoh Tiong Lay
by winston » Thu Jun 21, 2018 11:15 am
not vested
Feb 25, 2018
Focus on the rail outlook for earnings uplift
1HFY6/18 core net profit was below expectations due to higher finance cost.
Margins for the construction and cement divisions dropped due to depleting construction order book and cement price competition.
YTL continues to target up to RM12bn of outstanding order book by end-CY18. It is tendering for all three major packages for the HSR contract.
Add maintained but trim TP to RM1.68. FY18-20F EPS cut on higher finance cost.
Source: CIMB
https://brokingrfs.cimb.com/KRVyDj4R433 ... K30lQ2.pdf
Feb 25, 2018
Focus on the rail outlook for earnings uplift
1HFY6/18 core net profit was below expectations due to higher finance cost.
Margins for the construction and cement divisions dropped due to depleting construction order book and cement price competition.
YTL continues to target up to RM12bn of outstanding order book by end-CY18. It is tendering for all three major packages for the HSR contract.
Add maintained but trim TP to RM1.68. FY18-20F EPS cut on higher finance cost.
Source: CIMB
https://brokingrfs.cimb.com/KRVyDj4R433 ... K30lQ2.pdf
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 110258
- Joined: Wed May 07, 2008 9:28 am
Re: YTL / Yeoh Tiong Lay
by winston » Thu Aug 24, 2023 9:37 pm
not vested
YTL Corp's 4Q net profit surges on record revenue, declares four sen dividend
By Justin Lim
Source: theedgemalaysia.com
https://theedgemalaysia.com/node/680028
YTL Corp's 4Q net profit surges on record revenue, declares four sen dividend
By Justin Lim
YTL Corp Bhd’s net profit more than doubled to RM480.99 million for the fourth quarter ended June 30, 2023 (4QFY2023), from 173.24 million a year ago, on higher contribution from almost all segments.
Earnings per share jumped to 4.39 sen from 1.58 sen.
Revenue stood at RM9.1 billion, 47.8% higher compared with RM6.15 billion in 4QFY2022.
Full-year net profit increased 48% to RM1.03 billion from RM695.11 million previously. This is the group's highest full-year net profit since FY2015, when it reported RM1.55 billion.
“The group achieved outstanding results in this financial year, with record-high revenue of RM29.5 billion and profit before tax of RM2.7 billion,”.
Source: theedgemalaysia.com
https://theedgemalaysia.com/node/680028
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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