Pikaman
liked
According to MIDF Research, $SUNWAY(5211.MY$ is a likely new entrant to the FBM KLCI list in the semi-annual review after rising to the 23rd spot, while $AMBANK(1015.MY$ is likely to be removed.
2H2024 is just around the corner, here come the time again for KLCI to review their component stocks. SUNWAY which refresh new record highs since last year will definitely in the spotlight, after inclusion of YTL and YTLPOWR earlier.
$SUNWAY(5211.MY$ Weekly Cha...
2H2024 is just around the corner, here come the time again for KLCI to review their component stocks. SUNWAY which refresh new record highs since last year will definitely in the spotlight, after inclusion of YTL and YTLPOWR earlier.
$SUNWAY(5211.MY$ Weekly Cha...
3
Pikaman
commented on
Today first red candle. Monday another red candle? Tuesday another red candle? What will be the price then?
3
Pikaman
voted
Yang Zhongli Shuangxiong's stock price plummeted? Let's see what the market says about whether they should pick up the knife or not.
In which, $YTLPOWR(6742.MY$Yang Zhongli Electric's profit performance declined quarterly. Most investment banks believe that its stock price trend will also slow down, and they have downgraded the stock rating to “hold on” or “follow the market.”
Galaxy Securities analysts pointed out that due to a quarterly decline of 18% in the profit contribution of the Singaporean subsidiary Power Seraya in the 3rd quarter of fiscal year 2024 (up to the end of March) and the expansion of telecom business losses, Yang Zhongli Electric's net profit for the 3rd quarter also began to fall from its peak, falling 16% from quarter to quarter.
“Power Seraya's net profit performance began to return to normal in the 3rd quarter. At the same time, the telecom business faced the impact of the decline in project revenue and increased losses, which was enough to offset the narrowing of Wessex Water's losses and the contribution of the affiliate company to more profits.”
The analyst also said that Power Seraya's electricity retail revenue declined quarterly due to renewed power supply contracts, which offset higher electricity sales brought about by hot weather in the 3rd quarter.
As for the outlook, the analyst did not change Yang Zhongli Electric's future profit expectations. He still predicts that Power Seraya's profit will continue to fall back to normal levels, but the recovery in Wessex Water's performance, combined with contributions from the data center business beginning in the second half of fiscal year 2025, is expected to mitigate the impact of the decline in Singapore's power generation profits.
...
In which, $YTLPOWR(6742.MY$Yang Zhongli Electric's profit performance declined quarterly. Most investment banks believe that its stock price trend will also slow down, and they have downgraded the stock rating to “hold on” or “follow the market.”
Galaxy Securities analysts pointed out that due to a quarterly decline of 18% in the profit contribution of the Singaporean subsidiary Power Seraya in the 3rd quarter of fiscal year 2024 (up to the end of March) and the expansion of telecom business losses, Yang Zhongli Electric's net profit for the 3rd quarter also began to fall from its peak, falling 16% from quarter to quarter.
“Power Seraya's net profit performance began to return to normal in the 3rd quarter. At the same time, the telecom business faced the impact of the decline in project revenue and increased losses, which was enough to offset the narrowing of Wessex Water's losses and the contribution of the affiliate company to more profits.”
The analyst also said that Power Seraya's electricity retail revenue declined quarterly due to renewed power supply contracts, which offset higher electricity sales brought about by hot weather in the 3rd quarter.
As for the outlook, the analyst did not change Yang Zhongli Electric's future profit expectations. He still predicts that Power Seraya's profit will continue to fall back to normal levels, but the recovery in Wessex Water's performance, combined with contributions from the data center business beginning in the second half of fiscal year 2025, is expected to mitigate the impact of the decline in Singapore's power generation profits.
...
Translated
5
Pikaman
voted
$YTLPOWR(6742.MY$ The stock price suddenly turned red today, you guys will
Translated
2
2
$YTLPOWR(6742.MY$ It fell below 4.8
Translated
2
Pikaman
commented on
$SUNWAY(5211.MY$ looks like some institutions sell lots of shares to maintain the flow of share.Or else not enough shares when going to KLCI top 30
2
Pikaman
commented on
$SUNWAY(5211.MY$ What are the recommendations for new buyers
Translated
1
Pikaman
liked