In about one month plus, it reached 1.93 ~ that's 8% increased ^_*
If you bought it at the lowest (1.63) after posted here and sold at 1.93 ~ that's 18% increased in one month plus. Nice! :)
For your information, the price is now back to the same price where it was posted last time - currently at 1.79
YTLPOWR is currently bidding for the Prai combined-cycle gas turbine power project for a capacity of 1,000 to 1,400 megawatts.
Previously 18 groups submitted bids for this project and currently YTLPOWR is one of the shortlisted bidders as shown below:
1) YTL Power International Bhd with Marubeni Corp
2) 1Malaysia Development Bhd (1MDB) with Hyundai Engineering & Construction
3) CI Holdings Bhd with Teknologi Tenaga Perlis Consortium Sdn Bhd and Daelim Industrial Co Ltd
4) Amcorp Power Sdn Bhd with Mitsui & Co Ltd
5) Malakoff Corp Bhd with Petronas Power Sdn Bhd and Mitsubishi Corp
6) Pendekar Power Sdn Bhd
7) Mastika Lagenda Sdn Bhd
8) Tenaga Nasional Bhd
9) Sime Darby Power Sdn Bhd
Seems like another Government bodies vs Billionaires.
This project is worth approximately RM30.2 billion and winner might be announced around Oct - Nov 2012.
Winner will definitely improve their company revenue + potential of share price shooting up!!
Keep an eye on this share.
This share provide dividends almost every quarter, total pay out for dividends is approx. 5% per annum which is higher than 3% interest per annum provided by banks for FD account.
If you are not risk taker, you should consider put it in the bank for FD.
Good luck with your investment!! ^_*
Other shares with similar price posted in AWong Investment:
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