I knew it will happen as YTL Corp kept on buying Treasury shares. So yesterday, they announced a redistribution of the Treasury shares where one share in distributed in specie to shareholders for very 15 units they held. YTL Corp closed up 7 sen at RM1.89 this evening.
A true bonanza and with a discounted sale of YTL Power warrants in its holdings to YTL Corp shareholders.at a steep 53% discount to boot. So, a YTL Corp shareholder can now avail himself to these warrants at only 20 sen each instead of the market price of 43 sen.
YTL Corp has a cash hoard of RM14 billion currently and is apparently looking out for mergers and acquisitions as these are now on offer at more reasonable prices. According to Francis Yeoh there are malls in China and Australia worth looking at. To him, any opportunities with 7-10% yield is worth evaluating for a buy.
At InvestMalaysia yesterday, Francis denied he will sell any of its assets under the Group. No way will he sell Wessex as it is a top world company. Currently, 85% of YTL Corp's revenue and profits are from overseas.
YTL's earnings rose 16.9% to RM364.82 million in the third quarter ended March 31, 2012 from RM312.05 in the preceding year. Revenue rose 23.5% to RM5.24 billion from RM4.24 billion
So, are you buying any more YTL Corp shares to get the 'goodies'?
As the fanfare fades,and the American Idols contestants leave for their summer tour, we are left to ponder.
Would be have mattered if Jessica had won and Phillips were runner-up?
So, Phillips have wowed the crowd at the Nokia Theater and his last number has brought the trophy home for him.
After revisiting all the performances and the songs he sung on the competition, I think he is definitely deserving to be in the finale. That he won was just plain good luck and perhaps some sympathy votes for his kidney condition.
For Jessica, she may not have won the bragging rights to be the American Idol title but I love her maturity of humility in the face of defeat. Her attitude was right and she has won many a heart.
We do not know the trajectory for Jessica in her future music career but I know she has the talent to make it BIG!
She is dynamite!
So, Bebe Chez perform on the world stages, grow up prettily and sell records the whole world over.
Love is in the air and your fans love and adore you.
So sings Nancy Sinatra- One life for yourself and one for your dreams.
So it is sweet dreams to Jessica as the title fell from her grasp.
Jessica lost the crown to Phillip Phillips.
I think the victory was well earned by Phillip though he appears to square off with Jessica in two numbers . His last song 'Home' especially the presentation part with boys marching in with kettle drums was pizza cheesy overdone as if it appeared from a scene of the Oompa Loopa people parading right out from Willy Wonka and the Chocolate Factory!
Well, that is how Americans have voted and they will have to live and love that outcome.
For American Idol, I think their voting in another guy with a guitar will spell the end of the excitement that thrills when Kellie Clarkson, Carrie Underwood and Jordin Sparks won the competition
For, Jessica it is time to move on to bigger and larger things.
As I have said before, there is no comparing two budding stars
especially if their styles are diametrically different and there inherently lies the major flaw of the American Idol format.
What American Idol is doing is to present two really good
performers and let the fickle American voting public have their way. Sadly, Randy's reminder that the show was to demonstrate singing talent will be lost tonight amongst the heady voting public of the USA.
By tomorrow, we will know whether another 'White Man with a Guitar' wins or the more passion-evoking budding songstress takes home the AI crown.
Let us look at the performances of Jessica Sanchez.
She sang the first song, “I Have Nothing”, selected by Simon
Fuller. Did she do Whitney proud.? Oh, yes, I think so. So, a plus from me here.
Then she reprised a self-chosen “My Prayer”, as usual singing it
faultlessly. The Italians would be curling their toes! Mama mia again to Jessica in this round from yours truly.
The final song Jessica chose would be the one to launch her maiden
album if she wins this competition.
She sang “Change Nothing” to the wows of the crowd at the Nokia Theater though the
judges had mixed opinions.
The saving grace was given by Randy who said that Jessica brought
life to the song.
I thought this is still very good.
As for Phillips, Simon Fuller chose the nostalgic oldie by Ben E.
King, “Stand By Me”. I would say it was good but there was a distinct lack of
soulful passion in his delivery. Really so-so to me
So what is the judgment on Round 1?
While Randy said he favours Jessica in this opening round,
Jennifer called it the ‘battle of opposites’, lamenting that Americans will
have one tough job to chose here.
For Round 2, Phillips chose Billy Joel’s “ Moving Out” against
‘The Prayer’ by Jessica.
Steven Tyler said, "Jessica took this round
again," but Jennifer dissented, saying the round was definitely Phillip’s.
Randy side-stepped by saying it was a ‘dead heat’ round and gave it ‘an even'.
For round 3, all the judges seems unhappy with Jessica especially
her choice of song. She sang "Change Nothing". However, Randy was man enough to say positively that
Jessica ‘made something more out of the song’ and "brought the
song to life."
Jennifer Lopez obviously did not know what she was commenting,
very equivocal, saying she
was surprised at the pop song choice by Jessica
though she could see Jessica gaining enormous success in this genre commercially and not know the reason why. Very convoluted, coming from you, senora!
Phillip's original song and his thrid song choice was called "Home" which he felt
real at home performing. Very cheesy performance fit for a snack commercial. Randy loved it calling it brilliant while Steven (as is always in his element) gave it his
thumbs up.
So, now that the phone lines are abuzzing for the nest four hours or so, and American voters at
texting and voting on-line as well to determine who will be American Idol for
the 11 Season, what are your views on watching all the 3 performances by
both contestants?
For me, I give my vote to that sweet sixteen because of the
passion that she sings all three songs at the finale. Certainly world class and
destined for even bigger global success.
For Phillip, good show especially with that final marching number
taking the show to a close. As his singing is limited to certain genre of songs, he does not emanate ‘exciting electrical bites’ in the air. Except for his soulful rendition the folksy way, which can gets boring, I think he will
be the runner up.
Anyway, one never knows whether Americans will vote in an angel of
song or a wild turkey this time around! Just look at the voting after 2008 and you would know what I mean.
In journeying through life, many things will happen to us. We are amused by many things. We sober up on others. Oftentimes,we reflect on the more important ones and we meditate deeply on some of them.
Journaler 0203 will chronicle the milestones of the author's life in 2009, the crossroads where decisions had to be made, times when he reflected on things past and his vision for the immediate future. So come; journey with him and have fun reading his entries!
