YTLPOWR (6742) ~ Drop to Near 1 Yr Low ~

Current Price @ 1.58

Why drop? Maybe because losing the bid for Prai combined-cycle gas turbine power project for a capacity of 1,000 to 1,400 megawatts. The bid won by Tenaga Nasional Bhd.

Some risk:

• Government bodies are moving into this field
• Genting sold Genting Sanyen (Malaysia) Sdn Bhd to 1Malaysia Development Bhd. After sold, it get 10 years extension.
• Segari Energy Ventures Sdn Bhd (a subsidiary of Malakoff) also get 10 years extension.
• Also Tenaga Nasional Bhd won the bid for the Prai.

What to look at next?

• Who will get the remaining 3,100MW which is up for bidding at a later stage?
• Governtment bodies or Billionaires?
• Will YTLPOWR sell those two gas-fired combined cycle power plants like Genting?

Although there are some risks associated with its power business, I still believe these are minor to YTLPOWR and it is worth to consider at current price.

Main reason is that YTLPOWR continuously expand their business oversea and currently have business in:

• Singapore
• Indonesia
• Australia
• UK

Besides, they have also started moving into 4G business in Malaysia.

Below are some updated info for YTLPOWR:

• Net asset per share increased to 1.30 (previously 1.18)
• Dividend approx. 3% ~ similar to Banks FD interest rate
• EPF hold approx. 9.41% (previously approx. 9.92% in Sept 2011 drop to 9.25% in Feb 2012) ~ EPF believe YTLPOWR is at discounted price??

 Good luck with your investment!!! ^_*

If you are not risk taker, you should consider put it in the bank for FD and get around 3% interest per annum

Related posts:

• Extra ICING again from YTLPOWR (6742) ^_*
• YTL Communications Won RM663millions 1Bestarinet Project
• Gtronic (7022) & YTLPOWR (6742) ~ Dividends
• YTLPOWR (6742) ~ Back to Similar Price
• YTL Power ~ A Low Risk & Sustainable Share?

Company Review ~ Sept 2012

Adventa Bhd (7191) ~ current price @ 1.86
Sept 2012 - CIMB Equities Research ~ target price 2.10

Airasia Bhd (5099) ~ current price @ 3.03
Sept 2012 -  RHB Research Institute ~ target price 3.63
Sept 2012 -  CIMB Research ~ target price 3.50
Sept 2012 - Affin Investment Research ~ target price 3.70

Alliance Financial Group Bhd (2488) ~ current price @ 4.09
Sept 2012 - Hong Leong Investment Bank Research ~ target price 4.53

Axiata Group Berhad (6888) ~ current price @ 6.76
Sept 2012 - Hwang DBS Vickers Research ~ target price 5.80
Sept 2012 - Alliance Research ~ target price 6.84
Sept 2012 - Kenanga Research ~ target price 6.33
Sept 2012 - Affin Investment Research ~ target price 5.08
Sept 2012 - Nomura ~ target price 7.10

Berjaya Sports Toto Bhd (1562) ~ current price @ 4.46
Sept 2012 - RHB Research Institute ~ target price 4.55

BIMB Holdings Bhd (5258) ~ current price @ 3.08
Sept 2012 - CIMB Equities Research ~ target price 3.78
Sept 2012 - Kenanga Research ~ target price 3.60

CB Industrial Product Holding (7076) ~ current price @ 2.76
Sept 2012 - OSK Research ~ target price 3.28

Crest Builder Holdings Bhd (8591) ~ current price @ 1.04
Sept 2012 - Kenanga Investment Research ~ target price 1.34

Dialog Group Bhd (7277) ~ current price @ 2.40
Sept 2012 -  CIMB Equities Research ~ target price 2.91
Sept 2012 -  Affin Investment Research ~ target price 2.76.

Digi.com Bhd (6947) ~ current price @ 5.46
Sept 2012 - Affin Investment Research ~ target price 4.75

Felda Global Ventures Holdings Bhd (5222) ~ current price @ 4.75
Sept 2012 - Hwang DBS Vickers Research ~ target price 5.05

Gamuda Bhd (5398) ~ current price @ 3.50
Sept 2012 - OSK Research ~ fair value 4.46
Sept 2012 - TA Securities ~ target price 4.32

Gas Malaysia Bhd (5209) ~ current price @ 2.61
Sept 2012 - Kenanga ~ target price 2.94

Hartalega Holdings Bhd (5168) ~ current price @ 4.49
Sept 2012 - CIMB Research ~ target price 5.01

Hua Yang Bhd (5062) ~ current price @ 1.94

Sept 2012 -TA Securities ~ target price 2.63

Hunza Properties Bhd (5018) ~ current price @ 1.49

Sept 2012 - Kenanga Investment Research ~ target price 1.50

IJM Corporation Bhd (3336) ~ current price @ 4.97
Sept 2012 - RHB Research Institute ~ fair value 4.73
Sept 2012 - TA Securities ~ target price 5.77
Sept 2012 - Hong Leong Investment Research ~ target price 5.48
Sept 2012 - Credit Suisse Research ~ target price 7.10
Sept 2012 - CIMB Equities Research ~ target price 5.30

IJM Land Berhad (5215) ~ current price @ 2.09
Sept 2012 - RHB Research ~ fair value 2.89
Sept 2012 - Kenanga Investment Research  (OP; TP: RM2.60)

Kossan Rubber Industries Bhd (7153) ~ current price @ 3.03
Sept 2012 - RHB Research ~ fair value 3.73

KPJ Healthcare Bhd (5878) ~ current price @ 6.01
Sept 2012 - RHB Research ~ fair value 6.86

Malaysia Building Society Bhd (1171) ~ current price @ 2.39
Sept 2012 - OSK Investment Banking ~ fair value 3.02

Mah Sing Group Bhd (8583) ~ current price @ 2.24
Sept 2012 - Kenanga Investment Research  ~ target price 2.40

Malaysia Steel Works (KL) Bhd (5098) ~ current price @ 0.91
Sept 2012 - OSK Research Sdn Bhd ~ fair value of 0.83

Maxis Bhd (6012) ~ current price @ 7.05
Sept 2012 - Affin Investment Research ~ target price 6.76
Sept 2012 - Nomura ~ target price 6.20
Sept 2012 - Public Investment Bank ~ target price 7.26

Malaysian Resources Corp (1651) ~ current price @ 1.63
Sept 2012 - UOB Kay Hian ~ target price 2.03

Multi-Purpose Holdings Bhd (3859) ~ current price @ 3.59
Sept 2012 - Public Investment Bank ~ target price 3.79

Old Town Berhad (5201) ~ current price @ 1.93
Sept 2012 - JF Apex Securities Bhd ~ target price 2.23
Sept 2012 - OSK Research ~ fair value 2.31

Parkson Holdings Bhd (5657) ~ current price @ 4.70
Sept 2012 - Public Investment Bank ~ target price 5.73

Perdana Petroleum Berhad (7108) ~ current price @ 0.84
Sept 2012 - RHB Research Institute ~ fair value 0.82

Perisai Petroleum Teknologi (0047) ~ current price @ 0.99
Sept 2012 - UOB Kay Hian Malaysia Research ~ target price 1.59
Sept 2012 - CIMB Equities Research ~ target price 1.53

Petronas Dagangan Bhd (5681) ~ current price @ 22.14
Sept 2012 - CIMB Research ~ target price 24.60

Pintaras Jaya Bhd (9598) ~ current price @ 3.02
Sept 2012 - OSK Retail Research ~ target price 3.99

PPB Group Bhd (4065) ~ current price @ 12.00
Sept 2012 - AmResearch ~ target price 15.90
Sept 2012 - KAF Seagroatt & Campbell Research ~ target price 14.00
Sept 2012 - Hwang DBS Vickers ~ target price 11.00

Public Bank Bhd (1295) ~ current price @ 14.44
Sept 2012 - Maybank Investment Research ~ target price 16.00

Puncak Niaga Holdings Bhd (6807) ~ current price @ 1.36
Sept 2012 - OSK Research Sdn Bhd ~ fair value 2.08

QL Resources Berhad (7084) ~ current price @ 3.20
Sept 2012 - Maybank Investment Bank Research ~ target price 3.75

SapuraKencana Petroleum Bhd (5218) ~ current price @ 2.44
Sept 2012 - UOB Kay Hian Malaysia Research ~ target price 2.80
Sept 2012 -  Affin Investment Research ~ target price 2.65
Sept 2012 - OSK Research ~ fair value 2.88
Sept 2012 - Hong Leong Investment ~ target price 2.77
Sept 2012 - Kenanga Research ~ target price 2.79
Sept 2012 - Maybank Investment Research ~ target price 2.68

Sime Darby Bhd (4197) ~ current price @ 9.65
Sept 2012 - Hwang DBS Vickers Research ~ target price 9.80
Sept 2012 - RHB Research Institute ~ fair value 10.56

SP Setia Bhd (8664) ~ current price @ 3.65
Sept 2012 - CIMB Equities Research ~ target price 4.30
Sept 2012 - Kenanga Investment Research ~ target price 3.80
Sept 2012 - Hwang DBS Vickers Research ~ target price 5.10

Tan Chong Motor Holdings Bhd (4405) ~ current price @ 4.60
Sept 2012 -  RHB Research Institute ~ fair value 4.75

Tenaga Nasional Bhd (5347) ~ current price @ 7.00
Sept 2012 - Affin Investment Research ~ target price 6.60
Sept 2012 - CIMB Equities Research ~ target price 7.98

Time DotCom Bhd (5031) ~ current price @ 3.30
Sept 2012 - HLIB Research ~ target price 4.12

Telekom Malaysia Bhd (4863) ~ current price @ 6.30
Sept 2012 - Affin Investment Research ~ target price 6.98
Sept 2012 - Public Investment Research ~ target price 6.55

Top Glove Corporation Bhd (7113) ~ current price @ 5.15
Sept 2012 - RHB Research ~ fair value 6.26

TSH Resources Bhd (9059) ~ current price @ 2.24

Sept 2012 - Kenanga Research ~ target price 2.85
18 Sept 2012 - Kenanga Research ~ raised target price 2.95

UEM Land Holdings Bhd (5148) ~ current price @ 1.79
Sept 2012 - Kenanga Investment Research ~ target price 1.85

UOA Development Bhd (5200) ~ current price @ 1.65
Sept 2012 - Kenanga Investment Research ~ target price 2.30

Wah Seong Corporation Bhd (5142) ~ current price @ 1.74

Sept 2012 - OSk Research ~ fair value 2.33
Sept 2012 - Hong Leong Investment Bank Research ~ target price 2.10

Yinson Holdings Bhd (7293) ~ current price @ 1.88
Sept 2012 - Kenanga Investment Research ~ target price 2.68

*Please note that above just some quick information. You still need to find out more info about how they calculated their target price.*