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.
The WiMax license is awarded to YTL-e. Therefore, YTL Power will pay license fees to YTL-e annually, and that's it.
Why the service called YES?
Is it meaning YTL-E Solution (Y.E.S)?
- First, people are crazy of YTL-e because of its impending WiMax broadband services to be rolling out this coming 18th November
- And, the above is the only reason. Nothing else.
- 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.
- 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.
The WiMax license is awarded to YTL-e. Therefore, YTL Power will pay license fees to YTL-e annually, and that's it.
Why the service called YES?
Is it meaning YTL-E Solution (Y.E.S)?
No comments:
Post a Comment
Finance Malaysia Blog appreciates your comment. Cheers!