Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
"We understand YTLP is in advanced discussions with potential clients for a possible 20MW portion. Management remains confident to kick-start a major part of the project in 12 months," said RHB.
@choong, uems is selling iskandar puteri land at 5.0 million per acre today while ecoworld sold kulai land at 3.26million per acre,hence ytl kulai land valuation of 5.3billion is very conservative.
Rajiv Jain, chief investment officer at global asset manager GQG Partners, owns Malaysia’s YTL Power International (YTLP.Malaysia). The company stands to benefit from a host of reforms in Malaysia of its power sector as it sees a data center boom and the country tries to become a regional hub, exporting power to Singapore and other parts of southeast Asia.At 12.6 times next year’s earnings, valuations in Malaysia are still relatively attractive. “No one is paying attention to the sleepy market
Good signs of fund managers accumulating at lower price.Yesterday Barron reported YTL Power's low pe of 12.6 catching worldwide attention on AI related stocks.
WEEK ENDED 14TH JUNE 2024
L ocal institutional investors net disposed of Malaysian equites at a slower pace of -RM8.90 mil.
YTD local institutional net inflow was reduced to +RM3,821.48 mil.
Local institutional investors remained net sellers of Utilities stocks, with the net outflow for the sector roughly doubled to -RM179.37 mil from previous week. They mainly disposed of TENAGA (-RM302.71 mil), while continued to raise their stake in YTLPOWR (+RM83.59 mil) and YTL (+RM55.65 mil).
WEEK ENDED 28TH JUNE 2024
Inflows from local institutional investors have doubled from last week (+RM377.00 mil) while continuing to favour the Financial Services sector.
They also reverted to net purchasers of the Utilities sector after 3 weeks of selling spree, with TENAGA taking the lead once again (+RM62.09 mil), followed by YTLPOWER (+RM44.67 mil).
WEEK ENDED 5TH JULY 2024
At sectorial level, the Utilities index (6.0%), as both foreign and local institution investors added utilities stocks such as TENAGA, YTL and YTLPOWR into their portfolios. Local institutional investors increased their buying interest in Utilities sector (+RM153.64 mil), with YTL (+RM113.06 mil) and YTLPOWR (+RM103.07 mil) being their preferred counters for second consecutive week.
HLB LATEST TOP PICKS
YTL Power's YTL Communications Sdn Bhd will deploy NVIDIA's H100 chipsets for the first stage and potentially NVIDIA's latest GB200 chipsets in subsequent stages.
YTL Power's newly acquired 53.2 per cent Ranhill Utilities Bhd will also benefit from the emergence of data centres in the state, as it is also a water-intensive industry.
The firm maintained an "overweight" call on the utilities sector. Its top picks are YTL Power (TP: RM7.45).....
Separately, Nvidia DGX Cloud vice-president Alexis Black Bjorlin also named YTL Corp as one of five partners, alongside Amazon Web Services, Google Cloud, Microsoft Azure, and Oracle Cloud, which will “bring cutting-edge Nvidia technology to their clouds”.
The supercomputer combines 72 Blackwell GPUs and 36 Grace CPUs interconnected by the fifth-generation NVLink communications link to accelerate the development of AI models on DGX Cloud. https://theedgemalaysia.com/node/740837
maijiushi to your understanding, it’s mean every shares you buy go up instant? So your Forbes ranking in Malaysia is? Don’t act like a pro if you’re empty