Where are you Driving YTL Corp?

Francis Yeoh has God on his side.

I believe he knows what he is doing.

Apart from amassing shares for the coffers of the Treasury from the recent wanton sell-out by EPF and the potential glut of weak sellers who converted from the now de-registered YTL Cement counter running amok,what is up in his sleeves?

Like the recent KL floods, YTL Corp shares were massively being sold down below RM1.65 by these mean EPF chaps.

Fortunately, strong buying support pushed the price up 5 sen to RM1.71 at noon today.

There must be something in the air. Otherwise RHB IB would not venture to give a top price of RM2.00 for YTL Corp.

I am very sure after the one to five share split,the absorption of YTL Cement shares from the market and the sale of its hospitality assets to STAREIT, Francis has become more focused and must have something special to grow YTL further.

Along with close to RM 13 billion of liquid cash in the vaults of YTL Corp, something is bound to happen.

What is it?