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Analysts are optimistic about data center potential Yang Zhongli Electricity is worth RM6.25
Yang Zhongli Electric Power (YTLPOWR, 6742, main board utility stock) showed impressive gains. Like the “Malaysian version of Nvidia,” investment banks set new target prices one after another. Among them, the Malaysian Investment Bank was the most aggressive, offering a target price of RM6.25.
Johor now the largest data centre market in Malaysia, driven by investments from MNCs: report
Resource site Baxtel cites Johor as the largest data centre market in Malaysia now, as multinational corporations (MNCs) with regional presence pour investments into the state, according to a report by Channel News Asia.
YTL Power, Nvidia to Deploy AI Supercomputer in Malaysia
YTL Power International (KLSE:YTLPOWR) formed YTL Artificial Intelligence Cloud, a specialized provider of large-scale graphics processing unit-based accelerated computing, according to a Tuesday Mala
YTL Power's Growth Catalysts Remain Intact -- Market Talk
YTL Power International has multiple growth catalysts in place that look set to support profit and cash flow, Hong Leong IB analyst Daniel Wong says in a note.
YTL Power Rebounds After Strong 2Q Results, Analysts Still Have 'Buy' Calls
YTL Power rose 3.2% to RM3.90 at 9.15am after 9.56 million shares changed hands on Bursa Malaysia.
YTL Power's 2Q Net Profit up Four Fold Lifted By Singapore Power Biz
KUALA LUMPUR (Feb 22): YTL Power International Bhd, whose shares have continued to rise by 48% since just the start of 2024, sustained its performance with net profit up four-fold to RM845.12 million in the second quarter ended Dec 31, 2023 (2QFY2024), from RM198.82 million last year.
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