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$YTL (4677.MY)$ IF MACC outcome is favourable to YTL, what c...
$YTL (4677.MY)$ IF MACC outcome is favourable to YTL, what could be realistic justification for a rebound? Need to answer this first before buying anymore.......any thoughts ?
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MrSecret : Johor rejects nearly 30% of data centre applications to protect local resources
103551778 OP : but news never said who.....the 'overseas' operators were?
MrSecret 103551778 OP : Maybe they have inside news thus sell beforehand.
103551778 OP MrSecret : the scale of disposal cannot be solely from the 'insiders' alone....even if news went out....retailers piece of pie should be smaller than the big boys
wcjq MrSecret : YTL data centre in johor was approved so this news is not a serious threat. But chips delay, foreign exchange loss, Wessex water fine of 500000 pounds and of course 1bestarinet scandal may be a serious threat in short term.
104858186 MrSecret : 30% just used as clickbait title only.. in reality they only rejected 4 out of 14. Accepting 10 is already a lot. Rejecting 4 can merely be seen as quality control, nothing surprising, infact it looks good for the future of data centres in Malaysia