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The price should go higher b4 the ex-date. Do not listen to those whobare hosting any YTL shares. They are must be losing a lot of money and throw all the negative news. you will regret for listening to those speculators who are not investors. Just follow EPF (local institution). They must be dumb to keep on buying if YTL is not worth to buy.
you are giving 3 years period to convert to mother share at 2.45. if their future prospect is good then the price should move up bcos they r using the money for new projects and also reduce their debts which will indirectly reduce their interest paid for the loan. many more projects r in the way so for long term investors will be good else EPF will not keep on buying for the time being bcos they know the price is still good to invest b4 it go up further. remember their highest price is at 5.47.
