DAY TRADES : 8/10/2013
DAY TRADES : 9/10/2013
DAY TRADES : 11/10/2013
1. WATCH LIST - YTLP-WB, CSL
2. YTLP-WB - YTLP continue it shares buyback in an aggresive pace. ^^ Judging the buyback status, already reached 256millions shares in treasury. Of which 250millions shares would likely be sending in for cancellation. The buyback has exceeded the 250millions shares mark, which mean the buyback will still be continued. As part of the stipulated mandate in AGM, YTLP allows to purchase 10% of the total shares units, they have achieved 7% thus far, remaining 3% to be acquired. Conservatively with 3% buyback, this would likely send YTLP's share price to above RM1.90 level. With that, YTLP-WB would worth at around 69sen + 1.21 = RM1.90. Yes, at around 69sen with current 59.5sen closing, there should be another 10sen up side. ^^
Have so far scalp trades few round on this, disposed some yesterday at 59.5sen. Hope to buy them back come next Monday. Holding quite substantial units on this, hope to reap more profit in near future to come.
3. CSL - Just bought in 22sen. ^^ Hope to make some profit on this. ^^
4. Good Luck. ^^
16 comments:
horse
For your information, YTLP share buyback is up to 10% share, but if these share is cancel, it can buyback further 10% based on reduce total number of share.
YTLPOWR-WB（杨忠礼电力WB）
股价
目前股价：RM0.595
凭单概况
发行公司：杨忠礼电力（YTLPOWR，6742，主板基建组）
发行日期：2008年6月12日
交易期限：10年
截止日期：2018年6月11日
转换价格：RM1.21
关注原因
最近市面一直有谣传YTL有意私有化YTLPOWR，而且从YTLPOWR最近的一些企业动作可看出这种可能性其实是存在的。
首先，YTLPOWR的派息日益减少，2013年的全年净利虽然比前一年少，但仍然有14.78仙，可是该公司却只派出0.94仙，可说是历年来最低的股息。
接着，该公司在8月28日将占了股本约4%，总数2亿5000万股的库存股完全注销。
当股东们对此决定感到非常纳闷时，该公司又开始大手笔的从市场上回购自家股票。根据昨天（10月11日）大马交易网站的资料里显示，短短一个多月里再购了2亿5937万股。
而YTLPOWR的股价也从8月28日的RM1.54，逐步回升到目前的RM1.83。
公司一方面不愿派息，另一方面却注销库存股并且又大手笔回购股票，从这一连串的动作来看，其动机非常耐人寻味。
根据《资汇》第240期里透露，YTLPOWR的企业价值高达246亿。如果将这企业价值除以其总股数，相等于每股RM3.47，所以对大股东YTL来说，确实是有私有化YTLPOWR的吸引力的。
目前YTLPOWR-WB的母股高过转换价（RM1.21），所以此凭单属已到价。而且，如果此时以RM0.595买进YTLPOWR-WB，再付RM1.21转换成母股，总成本RM1.805，比起以RM1.83直接买进母股仍然有2.5仙的折价。
况且YTLPOWR应该值得更高的估价，而这也将会带动YTLPOWR-WB走高。
Ytlp being pressed down today. :(
Surprisingly ytlp-wb still able to hold well. ^^
The selling could be due to the listing units today.
Once the selling being absord, Believe it will resume buy up.
Buyback 65% of total total volume, range 1.80-1.84, increase another 0.09% stake, cumulatively at 3.68% treasury stock now.
Actually, YTLP sbb, already emerge in the morning session, engulf all 1.84, but seller keen to sell aggressively without wan to wait and continue selldown till 1.80, which YTLP sbb more than happy to buyback at much lower price.
Buyback 75% of today total volume, range 1.83-1.85, average at 1.845, increase another 0.16% stake cumulatively at 3.84% treasury now
I think the cancellation is just a matter of time, the important thing is YTLP sbb still can allow to buyback another 3% more before it reach maximum 10% level (first 3.4% already opt for first batch cancellation + 3.6% expect to cancel in second batch + remaining 3% more to be accumulated).
Of course it always can opt for cancel entire all first tranche of 10% treasury stock, which YTLP sbb can buyback additional 10% more.
Total first tranche 10% cancel, + second tranche 10% based on reduced total volume after first tranche treasury cancel.
The star online business News
Published: Wednesday October 16, 2013 MYT 5:47:00 PM
Updated: Wednesday October 16, 2013 MYT 5:49:17 PM
YTL Power buys back 67.5m shares for RM124.25m
by joseph chin
KUALA LUMPUR: YTL Power International Bhd has stepped up its share buyback programme, purchasing 67.516 million shares in October for RM124.25mil.
Filings with Bursa Malaysia on Thursday showed YTL Power bought 56.314 million shares from Oct 7 to 11 for RM103.58mil. The shares were bought at prices ranging from RM1.80 to RM1.89.
YTL Power had on Thursday also bought 11.202 million shares for RM20.675mil. The shares were bought at prices ranging from RM1.83 to RM1.85.
The recent share buybacks resulted in the cumulative net outstanding treasury shares to date at 273.928 million shares or 3.84%.
Wow YTLP-WB !!!
LAUGHING ALL THE WAY TO THE BANK !
COngratz hng. ^^
Sold YTlp-wb at 0.60sen, bought them back at 0.595. ^^
horse
you are good.....
So far so good, both YTLP and WB should go up hand in hand. Even cannot reap already very handsome profit, but just look a unrealize paper profit is good enough and give a lot of comfort already. Again to fully realize expected profit, one must patience wait for upcoming corporate exercise.
Hng,
You must be making 6 figures right now.^^
Congratz. ^^
horse
Ha ha......Let 'Huat' together is more happier.
Once Upon A Time ....
A man came home from work and his children ran to him and called out 'Ayah! Ayah!'.
His neighbor got very upset and said to him, "Can you please tell your children not to call you 'Ayah'?"
The man asked, "Why?"
The neighbor retorted, "Because my children call me 'Ayah' too. They might get confused and mistake you to be their father."
Then the man told his neighbor, "Are you not ashamed to say that your children do not know who is their 'Ayah'? So you are saying by using the word 'Ayah' , your children will call me ayah too without knowing who their father is?"
The neighbor said "Yes, only my children can use the word 'Ayah'."
from Dali
The man was speechless.
Buyback 85% of today total volume, range 1.85-1.86, increase another 0.27% stake, cumulative at 4.11% in treasury now.
Remark: buyback 19.89m share is the highest and record breaking volume, surpass previous high 18.48m share on 7/10
hng,
I think today's vol is second. Highest would be on 3rd Oct, around 22 millions. ^^
Today i sold YTLP-WB @ 0.635 and bought back at 0.63. ^^ Half a sen profit. ^^
Currently sitting with handsome profit on WB. ^^
Let's huat more in time to come. ^^
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