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According to The Edge over the weekend, " rumours are swirling that YTL Group has hired local investment bankers to work on a possible corporate exercise that could result in its restructuring ".   YTL Power and YTL Land , whereby YTL Corp has a 51.7% and 57.9% stake in respectively, are said to be targets for privatization or share swap exercises to align the group. Well, if this is true, it definitely will boost the said target companies share prices. Before jumping to the conclusion, let us get the view from professionals. With that, we have a timely article from RHB Research who touched on this matter as below: "We believe the likelihood of a privatization is low , as its FY12 PE of 12.8x is not much lower than its 5-year average forward PE of 14.7x. Besides, YTL Power's FY12 PE is similar to the 13x PE used for our end-2012 FBM KLCI 1,385 target." "Also, we believe it will be very costly to privatize YTL Power. While YTL Power could take on more deb...

During 4Q 2010, there were a series of positive news brought into construction sector. These news could possibly bring some cheers for local contractors during the " award ceremony " soon. To summarize it, let us examined and explored the news highlighted in 4Q 2010 for construction sector:- OSK Research: KL Mass Rapid Transit , with the cabinet approving 1 of the 3 lines proposed, which will run from Sg Buloh to Kajang. It is said that the Government will set up an SPV to fund the RM36bn job via bonds and other capital market instruments. Tenders for the Sg Buloh-Kajang line will be open in April while construction will commence in July. Gamuda-MMC JV, which was recently appointed as Project Delivery Partner, to be the ultimate beneficiary of the MRT. The JV is only allowed to tender for the tunneling works estimated at RM14bn. Construction of the RM5bn Warisan Merdeka development is said to be slated to commence this year for implementation in 3 phases over 10 years. Among...

After successfully riding on the mini Bull market of KLCI, YTL-e is the star performer of YTL group of companies. From around RM0.80, charging upwards to RM1.70 now, YTL-e was the Top Gainer of October. However, Finance Malaysia (FM) is wondering what the reason was behind. First, people are crazy of YTL-e because of its impending WiMax broadband services to be rolling out this coming 18 th November And, the above is the only reason. Nothing else. Why should you DUMP YTL-e now ? The business of WiMax 4G is under YTL Communications, which is a wholly own subsidiary of YTL Power. Meaning, the success of the project would benefit YTL Power, not YTL-e. Why should you BUY YTL-Power now ? As mentioned, YTL Power is the ultimate owner of the WiMax broadband business. Management of YTL hints that their service would be the most competitive and attractive in Malaysia. YTL Power pays very good dividends annually. YTL Power is a laggard among blue-chip counters. Then, what was there for YTL-...

A lot of fighting happening on the business scene nowadays, with Proton-Fernandes and AirAsia-Tiger this year. In 2011, there will be a heat battle between YTL Comms and Astro , taking on the local broadcasting field by storm. Proton vs Fernandes   AirAsia vs Tiger Airways Business Times reported that YTL Communications Sdn Bhd planning to launch a hybrid TV by end of 2011, with many industry observers wondered how it is going to break the exclusive screening rights that satellite TV giant Astro holds with various TV content providers. " If you think you can do a monopolistic thing and control everything, I'm sorry, that era is gone . The game is over " said Tan Sri Dr Francis Yeoh, managing director of YTL Corp Bhd and executive chairman of its telecommunications arm, YTL Comms. YTL Comms is going to collaborate with US-based Sezmi Corporation to deploy hybrid TV services in Malaysia and Asia Pacific, which will combine digital TV broadcast technology with YTL's f...