YTL Corp-Is EPF The Bear?

Abode of the Super Rich Yeohs

Looks like that to me.

Their representative buyers must have been given the go-ahead to buy the maximum possible at the best price.

So, as those who want to cash out from the bonds they have been tied up for so long, they weakened to let go to these parasitic buyers of EPF that are mauling the price of YTL down like the devil let loose.

Living it up, Francis?

Today, beginning from the opening bell, they have been ripping and paring down to price to bring it to another low of RM1.85; and I think there will be a level that YTL should come in with a Treasury buy.

The conversion price of the bond was RM1.80. Deducting for brokerage, the price is being cut too thin for comfort.

I expect a rebound back at least to RM1.90 and beyond in no time when the digestion ends.