Truly a Malaysian Pride
$YTLPOWR (6742.MY)$ YTL is involved in many inflation proof businesses, which means steady predictable earning growth over decades. currently dividend is at 8c per annum, and once all the business come into fruition, there is a very good chance the number will go up north.
Currently they are in a busy growth , expansion and acquisition mode, which means there is heavy capex cycle. They are prudent to utilise their RM12b cash reserves to strike for golden opportunities in the market.
Tan Sri Francis and Dato Seri Yeoh have been in this game since the mid 90s, and have been through so many crises only to emerge stronger. So you have a highly experienced leadership team who lets the business do all the talking.
They are well known to have paid dirt cheap prices for undervalued assets, only to reap rewards later. Look at Boustead, Electranet divestment, Starhill acquisition and Lafarge cement just to name a few examples.
Bottomline is this YTL has been time tested to be a very resilient and top notch company, and those who hold this share is very likely to reap the rewards via three pronged bonus issuance (such as the recent warrant), dividend increase and significant share price appreciation.
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