Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
Last Week. News... Can it be true.??? Lol.. 6.68 By June. From RHB.
YTL Power (YTLP MK, BUY
, TP: MYR6.68)
AI-DC Game Plan Still On Track; Reiterate BUY
Results Review
Keep BUY and new MYR6.68 TP from MYR4.69, 24% upside, c.2% FY25F (Jun)
yield. The earnings moderation for YTL PowerSeraya in 3QFY24 is largely
anticipated due to weaker pool prices and lower retail margins. Moving forward,
such earnings moderation will be largely anchored by Wessex Water’s earnings
recovery. We remain positive over its long-term earnings potential from AI-DC
development, and the near-term catalyst will be the conclusion of the offtaker for
its first 20MW (out of 100MW) AI-DC.
Analyst: Sean Lim CFA
YTL Power : AI-DC Game Pl