Monday, March 26, 2007

How far will YTL rise in 2007



With the proposed plan to build the KL-Singapore bullet train and the Sentul-Batu Caves high speed rail under the 9MP, YTL is share is definitely undervalued as compare to is peers....the bullet train projects is estimated to be around USD3bil....while the Sentul to BatuCaves link is bout USD160mil. YTL and it's 5 listed companies have a total combine market cap of about USD8.3bil....


Not to forget is YTL Corp also owns many unlisted assets which could definitely increase it's value if it decides to lists them particularly in Hong Kong or Singapore...:)

YTL Corp also owns indirect 100% of YTL Utilities which already have about a billion dolar project in hand and will contribute even more to its earnings through it susidiary Wessex Water which it owns 100% as well. It's power division will also contribute to it's earning significantly thanks to a bold venture by Tan Sri Francis Yeoh back in the 90s...

Furthermore, YTL corp owns about 74% of YTLe which recently has been awarded the Wimax license in Peninsular Malaysia...giving it an opportunity to be a fullfledge telco... few financial house even placed a target price of RM10.80 on YTL Corp...that is pretty optimistic, you might say but I believe that is achievable.

To invest or not?....you decide.

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